Segment Information

3 Months Ended

Apr. 01, 2017

Note D – Segment Information

Segment financial information follows:

	Three Months Ended
	April 1, 2017			April 2, 2016
Revenues:
Sales to unaffiliated customers:
Industrial Hardware	$	15,442,825		$	14,591,513
Security Products		13,917,489			14,197,217
Metal Products		6,682,981			4,312,927
	$	36,043,295		$	33,101,657

Income before income taxes:
Industrial Hardware	$	566,792		$	697,196
Security Products		994,437			1,128,196
Metal Products		674,972			(864,528	)
Operating Profit		2,236,201			960,864
Interest expense		(21,024	)		(36,285	)
Other income		19,653			21,374
Income before income taxes	$	2,234,830		$	945,953

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
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+ Details