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FOREIGN OPERATIONS
 12 Months Ended
Dec. 31, 2011
FOREIGN OPERATIONS

NOTE G: FOREIGN OPERATIONS

A summary of the Company’s operations by geographic area is presented below for the years ended December 31:

 

     2011     2010      2009  
     (In thousands)  

Net sales to external customers

        

United States

    $ 81,856      $ 80,890       $ 78,345   

Canada

      26,339        27,710         24,856   

Other

      —          —           —     

Operating income (loss)

        

United States

    $ 7      $ 206       $ (198 ) 

Canada

      (582 )      769         1,037   

Other

      31        310         56   

Identifiable assets

        

United States

    $ 35,317      $ 34,175       $ 33,163   

Canada

      11,630        12,742         11,403   

Other

      789        865         906   

The Company has an equity investment in a corporation which conducts a business that is similar to the Company’s business, but in a much smaller scale, in Mexico. That investment, which is included in long term assets on the Company’s consolidated balance sheet, totaled approximately $710,000 and $757,000 at December 31, 2011 and 2010, respectively. The results of operation of this corporation are included in equity in the net earnings of unconsolidated affiliates in the Company’s consolidated statements of operations.