Business Segment Information

3 Months Ended

Mar. 31, 2012

Business Segment Information [Abstract]

Business Segment Information

Note 2 – Business segment information:

	Three months ended March 31,
	2011			2012
	(In thousands)
Net sales:
Security Products	$	17,788		$	18,195
Furniture Components		14,895			15,103
Marine Components		2,094			2,233
Total net sales	$	34,777		$	35,531
Operating income:
Security Products	$	3,574		$	3,471
Furniture Components		6,874	(a)		1,325
Marine Components		(355	)		(250	)
Corporate operating expenses		(1,333	)		(1,637	)
Total operating income		8,760			2,909
Other non-operating income, net		130			5
Interest expense		(212	)		(162	)
Income before income taxes	$	8,678		$	2,752

Intersegment sales are not material.

(a) Furniture Components operating income in 2011 includes: (i) a patent litigation settlement gain of $7.5 million, (ii) patent litigation expenses of $227,000, and (iii) facility consolidation costs of approximately $1.0 million for a total net positive impact of $6.2 million.