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Business Segment Information (Tables)
6 Months Ended
Jun. 30, 2014
Schedule of Business Segment Information

 

 

Three months ended

 

 

Six months ended

 

 

June 30,

 

 

June 30,

 

 

2013

 

 

2014

 

 

2013

 

 

2014

 

 

(In thousands)

 

 

(In thousands)

 

Net sales:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Security Products

$

20,826

 

 

$

23,045

 

 

$

39,800

 

 

$

46,009

 

Marine Components

 

3,213

 

 

 

3,803

 

 

 

5,692

 

 

 

6,620

 

Total net sales

$

24,039

 

 

$

26,848

 

 

$

45,492

 

 

$

52,629

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating income:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Security Products

$

4,475

 

 

$

4,842

 

 

$

7,667

 

 

$

9,542

 

Marine Components

 

312

 

 

 

521

 

 

 

202

 

 

 

505

 

Corporate operating expenses

 

(1,844

)

 

 

(1,451

)

 

 

(3,492

)

 

 

(2,847

)

Total operating income

 

2,943

 

 

 

3,912

 

 

 

4,377

 

 

 

7,200

 

Interest income

 

11

 

 

 

7

 

 

 

27

 

 

 

12

 

Interest expense

 

(58

)

 

 

 

 

 

(117

)

 

 

 

Income before taxes

$

2,896

 

 

$

3,919

 

 

$

4,287

 

 

$

7,212