Business Segment Information

3 Months Ended

Mar. 31, 2014

Business Segment Information

Note 2 – Business segment information:

	Three months ended
	March 31,
	2013			2014
	(In thousands)
Net sales:
Security Products	$	18,974		$	22,964
Marine Components		2,479			2,817
Total net sales	$	21,453		$	25,781
Operating income:
Security Products	$	3,193		$	4,699
Marine Components		(110	)	$	(16	)
Corporate operating expenses		(1,649	)		(1,395	)
Total operating income		1,434			3,288
Interest income		16			5
Interest expense		(59	)	$	-
Income before taxes	$	1,391		$	3,293

Intersegment sales are not material.