REPORTABLE SEGMENTS (Tables)

12 Months Ended

Dec. 28, 2019

REPORTABLE SEGMENTS [Abstract]

Segment Financial Information

	2019		2018
Sales:
Sales to unaffiliated customers:
Industrial Hardware	$	164,505,888	$	140,293,409
Security Products		58,324,085		64,897,871
Metal Products		28,912,646		29,084,183
	$	251,742,619	$	234,275,463

Inter-segment Sales:
Industrial Hardware	$	61,557	$	366,381
Security Products		3,382,791		3,365,695
Metal Products		11,731		13,421
	$	3,456,079	$	3,745,497

Income Before Income Taxes:
Industrial Hardware	$	11,067,011		$	9,588,185
Security Products		5,389,612			7,122,640
Metal Products		1,001,231			1,148,516
Operating Profit		17,457,854			17,859,341
Interest expense		(1,857,961	)		(1,202,272	)
Other income		606,078			933,260
	$	16,205,971		$	17,590,329

Geographic Information:
Net Sales:
United States	$	230,920,619	$	207,789,058
Foreign		20,822,000		26,486,405
	$	251,742,619	$	234,275,463

Foreign sales are primarily to customers in North America.

Identifiable Assets:
United States	$	263,295,787	$	166,665,767
Foreign		17,367,189		14,581,800
	$	280,662,976	$	181,247,567
Industrial Hardware	$	66,008,663	$	47,600,805
Security Products		54,804,360		54,593,837
Metal Products		19,439,404		19,909,256
		140,252,427		122,103,898
General corporate		140,410,549		59,143,669
	$	280,662,976	$	181,247,567

	2019		2018
Depreciation and Amortization:
Industrial Hardware	$	4,015,017	$	2,978,324
Security Products		1,281,008		1,135,811
Metal Products		1,158,856		1,215,073
	$	6,454,881	$	5,329,208

Capital Expenditures:
Industrial Hardware	$	3,603,863	$	3,029,406
Security Products		935,722		1,482,267
Metal Products		897,573		901,400
		5,437,158		5,413,073
Currency translation adjustment		3,330		(9,014	)
General corporate		—		6,486
	$	5,440,488	$	5,410,545