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Business Segment Information (Tables)
6 Months Ended
Jun. 30, 2021
Segment Reporting [Abstract]  
Schedule of Business Segment Information

 

 

Three months ended

 

 

Six months ended

 

 

June 30,

 

 

June 30,

 

 

2020

 

 

2021

 

 

2020

 

 

2021

 

 

(In thousands)

 

Net sales:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Security Products

$

18,573

 

 

$

27,587

 

 

$

44,042

 

 

$

53,472

 

Marine Components

 

5,227

 

 

 

8,666

 

 

 

12,069

 

 

 

18,705

 

Total net sales

$

23,800

 

 

$

36,253

 

 

$

56,111

 

 

$

72,177

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating income (loss):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Security Products

$

3,361

 

 

$

5,845

 

 

$

9,074

 

 

$

11,335

 

Marine Components

 

799

 

 

 

1,598

 

 

 

1,881

 

 

 

3,541

 

Corporate operating expenses

 

(1,791

)

 

 

(1,685

)

 

 

(3,566

)

 

 

(3,301

)

Total operating income

 

2,369

 

 

 

5,758

 

 

 

7,389

 

 

 

11,575

 

Interest income

 

370

 

 

 

318

 

 

 

977

 

 

 

656

 

Income before income taxes

$

2,739

 

 

$

6,076

 

 

$

8,366

 

 

$

12,231