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Business Segment Information
3 Months Ended
Mar. 31, 2016
Segment Reporting [Abstract]  
Business Segment Information

Note 2 – Business segment information:

 

 

Three months ended

 

 

March 31,

 

 

2015

 

 

2016

 

 

(In thousands)

 

Net sales:

 

 

 

 

 

 

 

Security Products

$

24,658

 

 

$

23,414

 

Marine Components

 

3,233

 

 

 

3,661

 

Total net sales

$

27,891

 

 

$

27,075

 

 

 

 

 

 

 

 

 

Operating income (loss):

 

 

 

 

 

 

 

Security Products

$

4,946

 

 

$

4,471

 

Marine Components

 

259

 

 

 

334

 

Corporate operating expenses

 

(1,505

)

 

 

(1,452

)

Total operating income

 

3,700

 

 

 

3,353

 

Interest income

 

9

 

 

 

32

 

Income before taxes

$

3,709

 

 

$

3,385

 

 

Intersegment sales are not material.