Business Segment Information

9 Months Ended

Sep. 30, 2022

Segment Reporting [Abstract]

Business Segment Information

Note 2 – Business segment information:

	Three months ended				Nine months ended
	September 30,				September 30,
	2021		2022		2021		2022
	(In thousands)
Net sales:
Security Products	$	25,829	$	28,493	$	79,301	$	86,911
Marine Components		8,727		14,371		27,432		39,678
Total net sales	$	34,556	$	42,864	$	106,733	$	126,589
Operating income:
Security Products	$	5,529	$	4,904	$	16,864	$	17,645
Marine Components		1,255		2,716		4,796		7,449
Corporate operating expenses		(1,653)		(1,700)		(4,954)		(5,123)
Total operating income		5,131		5,920		16,706		19,971
Interest income		289		558		945		1,109
Income before income taxes	$	5,420	$	6,478	$	17,651	$	21,080

Intersegment sales are not material.