Quarterly report pursuant to Section 13 or 15(d)

Segment Information

v2.4.0.8
Segment Information
3 Months Ended
Sep. 30, 2014
Segment Information [Abstract]  
Segment Information

Note (6) - Segment Information: The Company's reportable segments are strategic businesses that offer different products and services. They are managed separately because each business requires different marketing strategies. The Company primarily evaluates the operating performance of its segments based on the categories noted in the table below. The Company has no sales between segments. Financial information for the Company's business segments is as follows:

    For the three months ended
September 30,
    2014   2013
    (Unaudited)   (Unaudited)
Revenues:                
Commercial and industrial laundry and dry cleaning equipment and boilers   $ 9,047,514     $ 8,420,795  
License and franchise operations     36,180       72,435  
                  
Total revenues   $ 9,083,694     $ 8,493,230  
                 
Operating income (loss):                   
Commercial and industrial laundry and dry cleaning equipment and boilers     857,118     $ 752,718  
License and franchise operations     (3,936 )       36,796  
Corporate     (110,183 )     (106,309 )
                 
Total operating income   $ 742,999     $ 683,205  

 

    September 30,
2014
  June 30,
2014
    (Unaudited)   (Audited)
Identifiable assets:                
Commercial and industrial laundry and dry cleaning equipment and boilers   $ 9,573,029     $ 13,067,091  
License and franchise operations     574,083       576,891  
Corporate     118,435       174,105  
                 
Total assets   $ 10,265,547     $ 13,818,087