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Business segment information
3 Months Ended
Mar. 31, 2024
Segment Reporting [Abstract]  
Business segment information

Note 2 – Business segment information:

Three months ended

March 31, 

    

2023

    

2024

(In thousands)

Net sales:

 

  

 

  

Security Products

$

27,342

$

29,887

Marine Components

 

13,809

 

8,084

Total net sales

$

41,151

$

37,971

Operating income:

 

  

 

  

Security Products

$

5,379

$

5,450

Marine Components

 

3,317

 

34

Corporate operating expenses

 

(1,656)

 

(1,769)

Total operating income

 

7,040

 

3,715

Interest income

 

947

 

1,224

Income before income taxes

$

7,987

$

4,939

Intersegment sales are not material.