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Note 9 - Operations and Industry Segments
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Jun. 30, 2012
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| Segment Reporting Disclosure [Text Block] |
9. OPERATIONS
AND INDUSTRY SEGMENTS
For
management and reporting purposes, we divide our business
into two segments: medical and custom
products. This industry segment information
corresponds to the markets in the United States and Canada
for which we manufacture and distribute our various
products.
As
described in Note 2, on December 9, 2011, we acquired
substantially all of the assets of M.C. Healthcare Products
Inc. (MCHP). MCHP manufactures and markets
medical bed frames and related products. M.C.
Healthcare's operations are reported as part of our medical
segment for the period from December 9, 2011 through June
30, 2012.
The
following table summarizes certain information on industry
segments:
Total
sales by industry segment include sales to unaffiliated
customers, as reported in our statements of
income. In calculating operating profit,
non-allocable general corporate expenses, interest expense,
other income, and income taxes are not included, but
certain corporate operating expenses incurred for the
benefit of all segments are included on an allocated
basis. |
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