REPORTABLE SEGMENTS (Tables)

12 Months Ended

Jan. 03, 2015

REPORTABLE SEGMENTS [Abstract]

Segment financial information

No other customer exceeded 10% of total revenue in 2014, 2013 or 2012.

	2014		2013		2012
Revenue: Sales to unaffiliated customers:
Industrial Hardware	$	58,666,229	$	60,367,209	$	72,268,559
Security Products		49,381,553		48,751,688		50,138,121
Metal Products		32,777,578		33,339,382		35,102,505
	$	140,825,360	$	142,458,279	$	157,509,185

Inter-segment Revenue:
Industrial Hardware	$	984,192	$	373,797	$	270,911
Security Products		2,565,733		2,558,127		2,914,667
Metal Products		—		11,540		—
	$	3,549,925	$	2,943,464	$	3,185,578

Income Before Income Taxes:
Industrial Hardware	$	5,063,786		$	4,797,254		$	7,566,512
Security Products		4,058,554			2,780,403			4,113,661
Metal Products		2,596,308			2,808,664			1,871,250
Operating Profit		11,718,648			10,386,321			13,551,423
Interest expense		(254,576	)		(322,731	)		(369,357	)
Other income		64,691			50,305			42,452
	$	11,528,763		$	10,113,895		$	13,224,518
Geographic Information:
Net Sales:
United States	$	117,478,557		$	114,085,322		$	120,604,363
Foreign		23,346,803			28,372,957			36,904,822
	$	140,825,360		$	142,458,279		$	157,509,185

Foreign sales are primarily to customers in North America.

Identifiable Assets:
United States	$	105,771,961	$	96,289,200	$	95,441,029
Foreign		15,498,595		17,569,209		20,413,121
	$	121,270,556	$	113,858,409	$	115,854,150
Industrial Hardware	$	29,660,695	$	31,820,269	$	34,425,594
Security Products		51,573,251		43,582,088		41,857,156
Metal Products		21,037,058		19,282,393		18,281,619
		102,271,004		94,684,750		94,564,369
General corporate		18,999,552		19,173,659		21,289,781
	$	121,270,556	$	113,858,409	$	115,854,150

	2014		2013		2012
Depreciation and Amortization:
Industrial Hardware	$	1,631,521	$	2,085,618	$	1,769,097
Security Products		621,501		592,555		628,652
Metal Products		1,233,280		1,147,113		1,042,051
	$	3,486,302	$	3,825,286	$	3,439,800

Capital Expenditures:
Industrial Hardware	$	1,929,022	$	1,967,335		$	1,552,147
Security Products		973,365		469,669			260,692
Metal Products		664,851		3,002,556			2,337,104
		3,567,238		5,439,560			4,149,943
Currency translation adjustment		10,347		(245	)		(2,730	)
General corporate		55,580		84,427			69,757
	$	3,633,165	$	5,523,742		$	4,216,970