EASTERN CO Segments Disclosure
12. SEGMENT AND GEOGRAPHIC INFORMATION
The Company has one reportable 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:
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| Engineered Solutions Segment |
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| January 3, 2026 |
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| December 28, 2024 |
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Net Sales |
| $ | 248,970,345 |
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| $ | 272,751,967 |
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Less: |
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Material cost |
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| (126,857,981 | ) |
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| (142,280,064 | ) |
Labor cost |
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| (12,672,273 | ) |
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| (13,809,443 | ) |
Other variable and fixed overhead¹ |
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| (52,481,548 | ) |
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| (49,395,300 | ) |
Gross Margin |
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| 56,958,543 |
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| 67,267,160 |
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Product development expense |
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| (4,064,474 | ) |
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| (4,888,496 | ) |
Selling and administrative expenses |
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| (42,220,760 | ) |
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| (42,229,660 | ) |
Operating Profit |
| $ | 10,673,309 |
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| $ | 20,149,004 |
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Reconciliation of operating profit |
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Adjustments and reconciling items |
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| - |
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| - |
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Consolidated operating profit |
| $ | 10,673,309 |
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| $ | 20,149,004 |
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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. |
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| 2025 |
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| 2024 |
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Geographic Information: |
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Net Sales: |
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United States |
| $ | 243,623,167 |
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| $ | 268,337,355 |
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Foreign |
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| 5,347,178 |
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| 4,414,612 |
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| $ | 248,970,345 |
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| $ | 272,751,967 |
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Foreign sales are primarily to customers in North America. |
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Identifiable Assets: |
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United States |
| $ | 201,325,909 |
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| $ | 221,585,028 |
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Foreign |
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| 15,350,707 |
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| 13,723,719 |
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| $ | 216,676,616 |
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| $ | 235,308,747 |
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Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2026 | Mar 3, 2026 | Showing above |
| 2024 | Mar 11, 2025 | |
| 2023 | Mar 12, 2024 | |
| 2022 | Mar 14, 2023 | |
| 2021 | Mar 16, 2021 | |
| 2019 | Mar 5, 2020 | |
| 2018 | Mar 14, 2019 | |
| 2017 | Mar 15, 2018 | |
| 2016 | Mar 15, 2017 | |
About Segments Disclosures
Segment disclosures break a company into its reportable operating units, revealing revenue, profit, and asset allocation that consolidated financial statements obscure. Under ASC 280, segments must match how the chief operating decision maker views the business, providing a window into internal management structure and resource allocation priorities.
Key signals: compare segment margins to identify which units drive profitability and which destroy value. Watch for changes in the number of reportable segments — segment aggregation or disaggregation often coincides with strategic shifts or attempts to obscure declining performance. Intersegment elimination patterns reveal internal pricing practices. The reconciliation between segment totals and consolidated figures exposes corporate overhead allocation and unallocated items. Geographic revenue concentration highlights regulatory and currency exposure. Compare segment-level capital expenditure against segment revenue to assess where management is investing for future growth versus harvesting existing assets.