Business Segment Information

6 Months Ended

Jun. 30, 2020

Segment Reporting [Abstract]

Business Segment Information

Note 2 – Business segment information:

	Three months ended						Six months ended
	June 30,						June 30,
	2019			2020			2019			2020
	(In thousands)						(In thousands)
Net sales:
Security Products	$	26,927		$	18,573		$	51,631		$	44,042
Marine Components		6,803			5,227			13,276			12,069
Total net sales	$	33,730		$	23,800		$	64,907		$	56,111
Operating income (loss):
Security Products	$	6,048		$	3,361		$	11,124		$	9,074
Marine Components		1,280			799			2,181			1,881
Corporate operating expenses		(1,706	)		(1,791	)		(3,392	)		(3,566	)
Total operating income		5,622			2,369			9,913			7,389
Interest income		828			370			1,664			977
Income before taxes	$	6,450		$	2,739		$	11,577		$	8,366

Intersegment sales are not material.