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Business Segment Information
3 Months Ended
Mar. 31, 2021
Segment Reporting [Abstract]  
Business Segment Information

Note 2 – Business segment information:

 

 

Three months ended

 

 

March 31,

 

 

2020

 

 

2021

 

 

(In thousands)

 

Net sales:

 

 

 

 

 

 

 

Security Products

$

25,469

 

 

$

25,885

 

Marine Components

 

6,842

 

 

 

10,039

 

Total net sales

$

32,311

 

 

$

35,924

 

 

 

 

 

 

 

 

 

Operating income (loss):

 

 

 

 

 

 

 

Security Products

$

5,713

 

 

$

5,490

 

Marine Components

 

1,082

 

 

 

1,943

 

Corporate operating expenses

 

(1,775

)

 

 

(1,616

)

Total operating income

 

5,020

 

 

 

5,817

 

Interest income

 

607

 

 

 

338

 

Income before income taxes

$

5,627

 

 

$

6,155

 

 

Intersegment sales are not material.