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Business Segment Information
6 Months Ended
Jun. 30, 2019
Segment Reporting [Abstract]  
Business Segment Information

Note 2 – Business segment information:

 

 

Three months ended

 

 

Six months ended

 

 

June 30,

 

 

June 30,

 

 

2018

 

 

2019

 

 

2018

 

 

2019

 

 

(In thousands)

 

 

(In thousands)

 

Net sales:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Security Products

$

27,248

 

 

$

26,927

 

 

$

51,304

 

 

$

51,631

 

Marine Components

 

5,137

 

 

 

6,803

 

 

 

9,494

 

 

 

13,276

 

Total net sales

$

32,385

 

 

$

33,730

 

 

$

60,798

 

 

$

64,907

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating income (loss):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Security Products

$

6,814

 

 

$

6,048

 

 

$

12,426

 

 

$

11,124

 

Marine Components

 

937

 

 

 

1,280

 

 

 

1,523

 

 

 

2,181

 

Corporate operating expenses

 

(1,767

)

 

 

(1,706

)

 

 

(3,592

)

 

 

(3,392

)

Total operating income

 

5,984

 

 

 

5,622

 

 

 

10,357

 

 

 

9,913

 

Interest income

 

640

 

 

 

828

 

 

 

1,212

 

 

 

1,664

 

Income before taxes

$

6,624

 

 

$

6,450

 

 

$

11,569

 

 

$

11,577

 

 

Intersegment sales are not material.