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Business Segment Information
9 Months Ended
Sep. 30, 2014
Segment Reporting [Abstract]  
Business Segment Information

Note 2 – Business segment information:

 

 

Three months ended

 

 

Nine months ended

 

 

September 30,

 

 

September 30,

 

 

2013

 

 

2014

 

 

2013

 

 

2014

 

 

(In thousands)

 

 

(In thousands)

 

Net sales:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Security Products

$

21,457

 

 

$

23,237

 

 

$

61,258

 

 

$

69,246

 

Marine Components

 

2,752

 

 

 

3,236

 

 

 

8,443

 

 

 

9,856

 

Total net sales

$

24,209

 

 

$

26,473

 

 

$

69,701

 

 

$

79,102

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating income:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Security Products

$

4,578

 

 

$

4,694

 

 

$

12,245

 

 

$

14,235

 

Marine Components

 

(17

)

 

 

223

 

 

 

185

 

 

 

729

 

Corporate operating expenses

 

(1,584

)

 

 

(1,485

)

 

 

(5,076

)

 

 

(4,332

)

Total operating income

 

2,977

 

 

 

3,432

 

 

 

7,354

 

 

 

10,632

 

Interest income

 

5

 

 

 

7

 

 

 

32

 

 

 

19

 

Interest expense

 

(11

)

 

 

 

 

 

(127

)

 

 

 

Income before taxes

$

2,971

 

 

$

3,439

 

 

$

7,259

 

 

$

10,651

 

 

Intersegment sales are not material.