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REPORTABLE SEGMENTS (Tables)
12 Months Ended
Dec. 28, 2013
REPORTABLE SEGMENTS [Abstract]  
Segment financial information
No other customer exceeded 10% of total revenue in 2013, 2012 or 2011.
 
 
 
2013
  
2012
  
2011
 
Revenue:
 
 
  
 
  
 
 
Sales to unaffiliated customers:
 
 
  
 
  
 
 
 Industrial Hardware
 
$
60,367,209
  
$
72,268,559
  
$
66,119,119
 
Security Products
  
48,751,688
   
50,138,121
   
47,972,152
 
Metal Products
  
33,339,382
   
35,102,505
   
28,764,778
 
 
 
$
142,458,279
  
$
157,509,185
  
$
142,856,049
 
 
            
Inter-segment Revenue:
            
 Industrial Hardware
 
$
373,797
  
$
270,911
  
$
330,150
 
Security Products
  
2,558,127
   
2,914,667
   
2,751,060
 
Metal Products
  
11,540
   
   
127,138
 
 
 
$
2,943,464
  
$
3,185,578
  
$
3,208,348
 
 
            
 
  
2013
   
2012
   
2011
 
Income Before Income Taxes:
            
 Industrial Hardware
 
$
4,797,254
  
$
7,566,512
  
$
4,912,341
 
Security Products
  
2,780,403
   
4,113,661
   
3,408,187
 
Metal Products
  
2,808,664
   
1,871,250
   
391,652
 
Operating Profit
  
10,386,321
   
13,551,423
   
8,712,180
 
Interest expense
  
(322,731
)
  
(369,357
)
  
(231,481
)
Other income
  
50,305
   
42,452
   
26,230
 
 
 
$
10,113,895
  
$
13,224,518
  
$
8,506,929
 
 
            
Geographic Information:
            
Net Sales:
            
 United States
 
$
114,085,322
  
$
120,604,363
  
$
107,472,590
 
Foreign
  
28,372,957
   
36,904,822
   
35,383,459
 
 
 
$
142,458,279
  
$
157,509,185
  
$
142,856,049
 
 
Foreign sales are primarily to customers in North America.
 
Identifiable Assets:
 
 
  
 
  
 
 
 United States
 
$
96,289,200
  
$
95,441,029
  
$
86,844,921
 
Foreign
  
17,569,209
   
20,413,121
   
19,855,053
 
 
 
$
113,858,409
  
$
115,854,150
  
$
106,699,974
 
 
            
 Industrial Hardware
 
$
31,820,269
  
$
34,425,594
  
$
32,298,527
 
Security Products
  
43,582,088
   
41,857,156
   
42,149,711
 
Metal Products
  
19,282,393
   
18,281,619
   
16,814,255
 
 
  
94,684,750
   
94,564,369
   
91,262,493
 
General corporate
  
19,173,659
   
21,289,781
   
15,437,481
 
 
 
$
113,858,409
  
$
115,854,150
  
$
106,699,974
 
 
            
Depreciation and Amortization:
            
 Industrial Hardware
 
$
2,085,618
  
$
1,769,097
  
$
1,768,975
 
Security Products
  
592,555
   
628,652
   
984,879
 
Metal Products
  
1,147,113
   
1,042,051
   
953,362
 
 
 
$
3,825,286
  
$
3,439,800
  
$
3,707,216
 
 
            
Capital Expenditures:
            
 Industrial Hardware
 
$
1,967,335
  
$
1,552,147
  
$
1,568,779
 
Security Products
  
469,669
   
260,692
   
331,619
 
Metal Products
  
3,002,556
   
2,337,104
   
1,477,222
 
 
  
5,439,560
   
4,149,943
   
3,377,620
 
Currency translation adjustment
  
(245
)
  
(2,730
)
  
7,132
 
General corporate
  
84,427
   
69,757
   
9,974
 
 
 
$
5,523,742
  
$
4,216,970
  
$
3,394,726