NOTE - OPERATING SEGMENTS

 

The Company classifies its business interests into reportable segments: Franchising, Manufacturing, Retail Stores, U-Swirl operations and Other. The accounting policies of the segments are the same as those described in the summary of significant accounting policies in Note to the Company’s consolidated financial statements included in the Company’s Annual Report on Form -K for the year ended The Company evaluates performance and allocates resources based on operating contribution, which excludes unallocatedcorporate general and administrative costs and income tax expense or benefit. The Company’s reportable segments are strategic businesses that utilize common merchandising, distribution, and marketing functions, as well as common information systems and corporate administration. All inter-segment sales prices are market based. Each segment is managed separately because of the differences in required infrastructure and the differences in products and services:

 

Three Months Ended May 31, 2018		Franchising				Manufacturing				Retail				U-Swirl				Other				Total
Total revenues		$	1,313,206			$	5,870,514			$	361,435			$	1,133,254			$	-			$	8,678,409
Intersegment revenues			(1,035	)			(311,289	)			-				-				-				(312,324	)
Revenue from external customers			1,312,171				5,559,225				361,435				1,133,254				-				8,366,085
Segment profit (loss)			489,271				1,169,335				(78,494	)			135,155				(950,093	)			765,174
Total assets			1,058,006				12,533,723				1,054,367				7,594,185				5,897,814				28,138,095
Capital expenditures			3,529				111,765				2,071				3,338				9,869				130,572
Total depreciation & amortization		$	11,924			$	141,028			$	12,675			$	244,051			$	27,827			$	437,505

 

Three Months Ended May 31, 2017		Franchising				Manufacturing				Retail				U-Swirl				Other				Total
Total revenues		$	1,606,485			$	6,498,210			$	362,027			$	1,195,310			$	-			$	9,662,032
Intersegment revenues			(1,306	)			(314,279	)			-				-				-				(315,585	)
Revenue from external customers			1,605,179				6,183,931				362,027				1,195,310				-				9,346,447
Segment profit (loss)			762,689				1,387,039				(36,431	)			240,196				(1,087,590	)			1,265,903
Total assets			1,192,859				11,490,941				1,087,541				9,508,948				6,550,307				29,830,596
Capital expenditures			-				49,060				3,600				2,616				21,450				76,726
Total depreciation & amortization		$	11,392			$	129,863			$	3,827			$	143,090			$	32,378			$	320,550

 

Revenue from customer of the Company’s Manufacturing segment represented approximately million, or percent of the Company’s revenues from external customers during the months ended compared to million, or percent of the Company’s revenues from external customers during the months ended