v3.26.1
Segment Information
3 Months Ended
Apr. 04, 2026
Segment Information  
Segment Information

Note P – Segment Information

 

The Company has one reportable segment, its Engineering Solutions Segment, and the Chief Executive Officer is the Company’s chief operating decision maker (CODM). The CODM uses the following reported measures to assess performance and make decisions on resource allocation throughout the Company.

 

 

 

 Engineered Solutions Segment

 

 

 

April 4, 2026

 

 

March 29, 2025

 

 

 

 

 

 

 

 

Net Sales

 

$59,676,538

 

 

$63,312,774

 

Less:

 

 

 

 

 

 

 

 

Material cost

 

 

(30,083,499)

 

 

(33,418,246)

Labor cost

 

 

(3,046,353)

 

 

(3,125,986)

Other variable and fixed overhead¹

 

 

(14,617,005)

 

 

(12,581,070)

Gross Margin

 

 

11,929,681

 

 

 

14,187,472

 

Product development expense

 

 

(1,035,312)

 

 

(1,109,186)

Selling and administrative expenses

 

 

(9,569,647)

 

 

(9,847,121)

Operating Profit

 

$1,324,722

 

 

$3,231,165

 

 

¹ Other variable and fixed overhead items included in segment operating profit include manufacturing salaries, indirect labor, insurance, lease expense, depreciation, and other overhead expenses