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Business Segment Information
3 Months Ended
Mar. 31, 2020
Segment Reporting [Abstract]  
Business Segment Information

Note 2 – Business segment information:

 

 

Three months ended

 

 

March 31,

 

 

2019

 

 

2020

 

 

(In thousands)

 

Net sales:

 

 

 

 

 

 

 

Security Products

$

24,704

 

 

$

25,469

 

Marine Components

 

6,472

 

 

 

6,842

 

Total net sales

$

31,176

 

 

$

32,311

 

 

 

 

 

 

 

 

 

Operating income (loss):

 

 

 

 

 

 

 

Security Products

$

5,076

 

 

$

5,713

 

Marine Components

 

901

 

 

 

1,082

 

Corporate operating expenses

 

(1,687

)

 

 

(1,775

)

Total operating income

 

4,290

 

 

 

5,020

 

Interest income

 

837

 

 

 

607

 

Income before taxes

$

5,127

 

 

$

5,627

 

 

Intersegment sales are not material.