Intangibles (Tables)

9 Months Ended

Oct. 03, 2015

Intangibles [Abstract]

Gross carrying amount and accumulated amortization of amortizable intangible assets

The gross carrying amount and accumulated amortization of amortizable intangible assets:

	Industrial Hardware Segment		Security Products Segment		Metal Products Segment		Total		Weighted-Average Amortization Period (Years)
2015 Gross Amount
Patents and developed technology	$	2,344,481	$	1,049,677	$	--	$	3,394,158		15.5
Customer relationships		--		449,706		--		449,706		5.0
Non-compete agreements		--		407,000		--		407,000		5.0
Intellectual property		--		307,370		--		307,370		5.0
Total Gross Intangibles	$	2,344,481	$	2,213,753	$	--	$	4,558,234		12.4
2015 Accumulated Amortization
Patents and developed technology	$	1,583,356	$	582,250	$	--	$	2,165,606
Customer relationships		--		67,456		--		67,456
Non-compete agreements		--		61,050		--		61,050
Intellectual property		--		46,106		--		46,106
Accumulated Amortization	$	1,583,356	$	756,862	$	--	$	2,340,218
Net October 3,2015 per Balance Sheet	$	761,125	$	1,456,891	$	--	$	2,218,016

2014 Gross Amount
Patents and developed technology	$	2,494,261	$	1,025,303	$	--	$	3,519,564	15.7
Customer relationships		--		449,706		--		449,706	5.0
Non-compete agreements		--		407,000		--		407,000	5.0
Intellectual property		--		307,370		--		307,370	5.0
Total Gross Intangibles	$	2,494,261	$	2,189,379	$	--	$	4,683,640	12.7
2014 Accumulated Amortization
Patents and developed technology	$	1,649,655	$	535,415	$	--	$	2,185,070
Customer relationships		--		--		--		--
Non-compete agreements		--		--		--		--
Intellectual property		--		--		--		--
Accumulated Amortization	$	1,649,655	$	535,415	$	--	$	2,185,070
Net January 3,2015 per Balance Sheet	$	844,606	$	1,653,964	$	--	$	2,498,570