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Business and Geographic Segments (Tables)
12 Months Ended
Dec. 31, 2019
Segment Reporting [Abstract]  
Schedule of Business Segment Information

 

Years ended December 31,

 

 

2017

 

 

2018

 

 

2019

 

 

(In thousands)

 

Net sales:

 

 

 

 

 

 

 

 

 

 

 

Security Products

$

96,600

 

 

$

98,383

 

 

$

99,328

 

Marine Components

 

15,435

 

 

 

19,834

 

 

 

24,915

 

Total net sales

$

112,035

 

 

$

118,217

 

 

$

124,243

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating income (loss):

 

 

 

 

 

 

 

 

 

 

 

Security Products

$

19,182

 

 

$

21,947

 

 

$

21,013

 

Marine Components

 

1,342

 

 

 

2,738

 

 

 

3,644

 

Corporate

 

(5,289

)

 

 

(6,874

)

 

 

(6,991

)

Total operating income

 

15,235

 

 

 

17,811

 

 

 

17,666

 

Interest income

 

1,929

 

 

 

2,664

 

 

 

3,270

 

Income before taxes

$

17,164

 

 

$

20,475

 

 

$

20,936

 

 

 

 

 

 

 

 

 

 

 

 

 

Depreciation and amortization:

 

 

 

 

 

 

 

 

 

 

 

Security Products

$

3,072

 

 

$

2,914

 

 

$

3,056

 

Marine Components

 

591

 

 

 

535

 

 

 

627

 

Corporate

 

10

 

 

 

5

 

 

 

1

 

Total

$

3,673

 

 

$

3,454

 

 

$

3,684

 

 

 

Years ended December 31,

 

 

2017

 

 

2018

 

 

2019

 

 

(In thousands)

 

Capital expenditures:

 

 

 

 

 

 

 

 

 

 

 

Security Products

$

2,389

 

 

$

2,126

 

 

$

1,530

 

Marine Components

 

405

 

 

 

991

 

 

 

1,636

 

Corporate

 

2

 

 

 

-

 

 

 

-

 

Total

$

2,796

 

 

$

3,117

 

 

$

3,166

 

 

Business Segment Information by Geographical Areas

Net sales point of destination:

 

 

 

 

 

 

 

 

 

 

 

United States

$

103,646

 

 

$

108,773

 

 

$

114,186

 

Canada

 

5,353

 

 

 

6,436

 

 

 

7,257

 

Mexico

 

1,486

 

 

 

1,438

 

 

 

922

 

Other

 

1,550

 

 

 

1,570

 

 

 

1,878

 

Total

$

112,035

 

 

$

118,217

 

 

$

124,243

 

 

 

 

December 31,

 

 

2017

 

 

2018

 

 

2019

 

 

(In thousands)

 

Total assets:

 

 

 

 

 

 

 

 

 

 

 

Security Products

$

72,961

 

 

$

74,714

 

 

$

73,697

 

Marine Components

 

11,704

 

 

 

14,189

 

 

 

15,256

 

Corporate

 

66,294

 

 

 

77,526

 

 

 

89,591

 

Total

$

150,959

 

 

$

166,429

 

 

$

178,544