REPORTABLE SEGMENTS (Tables)

12 Months Ended

Jan. 02, 2016

REPORTABLE SEGMENTS [Abstract]

Segment financial information

One customer of the Metal Products segment, Jennmar Corporation, accounted for 10.5% of total sales in 2014 and 11.5% of total sales in 2013.  No other customer exceeded 10% of total sales in 2015, 2014 or 2013.

	2015		2014		2013
Sales: Sales to unaffiliated customers:
Industrial Hardware	$	61,338,812	$	58,666,229	$	60,367,209
Security Products		56,598,487		49,381,553		48,751,688
Metal Products		26,630,652		32,777,578		33,339,382
	$	144,567,951	$	140,825,360	$	142,458,279

Inter-segment Sales:
Industrial Hardware	$	595,596	$	984,192	$	373,797
Security Products		2,813,576		2,565,733		2,558,127
Metal Products		16,804		—		11,540
	$	3,425,976	$	3,549,925	$	2,943,464

Income Before Income Taxes:
Industrial Hardware	$	4,314,149		$	5,063,786		$	4,797,254
Security Products		3,798,115			4,058,554			2,780,403
Metal Products		(84,536	)		2,596,308			2,808,664
Operating Profit		8,027,728			11,718,648			10,386,321
Interest expense		(185,475	)		(254,576	)		(322,731	)
Other income		178,722			64,691			50,305
	$	8,020,975		$	11,528,763		$	10,113,895
Geographic Information:
Net Sales:
United States	$	126,115,036		$	117,478,557		$	114,085,322
Foreign		18,452,915			23,346,803			28,372,957
	$	144,567,951		$	140,825,360		$	142,458,279

Foreign sales are primarily to customers in North America.

Identifiable Assets:
United States	$	106,662,743	$	105,771,961	$	96,289,200
Foreign		15,075,816		15,498,595		17,569,209
	$	121,738,559	$	121,270,556	$	113,858,409
Industrial Hardware	$	30,425,348	$	29,660,695	$	31,820,269
Security Products		52,688,497		51,573,251		43,582,088
Metal Products		20,931,863		21,037,058		19,282,393
		104,045,708		102,271,004		94,684,750
General corporate		17,692,851		18,999,552		19,173,659
	$	121,738,559	$	121,270,556	$	113,858,409

	2015		2014		2013
Depreciation and Amortization:
Industrial Hardware	$	1,580,741	$	1,631,521	$	2,085,618
Security Products		1,010,262		621,501		592,555
Metal Products		1,330,435		1,233,280		1,147,113
	$	3,921,438	$	3,486,302	$	3,825,286

Capital Expenditures:
Industrial Hardware	$	1,479,984	$	1,929,022	$	1,967,335
Security Products		388,377		973,365		469,669
Metal Products		632,016		664,851		3,002,556
		2,500,377		3,567,238		5,439,560
Currency translation adjustment		25,020		10,347		(245	)
General corporate		12,839		55,580		84,427
	$	2,538,236	$	3,633,165	$	5,523,742