Purchase of Applied Optics Products Line (Details) - Applied Optics Products Line [Member] - USD ($) |
6 Months Ended | |
|---|---|---|
Nov. 03, 2014 |
Mar. 27, 2016 |
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| Fixed Assets | $ 2,064,700 | |
| Inventory | 940,100 | |
| Prepaid Assets/Other | 47,100 | |
| Liabilities | 270,700 | $ 270,700 |
| Net Assets Acquired | 3,394,100 | |
| Intangible Asset: | ||
| Customer Contracts/Backlog | 342,200 | |
| Total Assets Acquired | 3,123,400 | |
| Less: Cash Consideration | 1,013,100 | $ 1,013,100 |
| Gain on Bargain Purchase | $ 2,110,300 |
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- Definition In a business combination in which the amount of net identifiable assets acquired and liabilities assumed exceeds the aggregate consideration transferred or to be transferred (as defined), this element represents the amount of gain recognized by the entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of assets acquired at the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of asset related to consideration paid in advance for costs that provide economic benefits in future periods, and amount of other assets that are expected to be realized or consumed within one year or the normal operating cycle, if longer, acquired at the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- References No definition available.
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- Definition The amount of identifiable intangible assets recognized as of the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The amount of inventory recognized as of the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of liabilities assumed at the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount recognized as of the acquisition date for the identifiable assets acquired in excess of (less than) the aggregate liabilities assumed. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The amount of property, plant, and equipment recognized as of the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The cash outflow associated with the acquisition of business during the period. The cash portion only of the acquisition price. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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