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SEGMENT INFORMATION
9 Months Ended
Oct. 03, 2020
SEGMENT INFORMATION  
Note L - Segment Information

Note L – Segment Information

  

For the third quarter of 2020, financial information by segment is as follows:

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

October 3,

2020

 

 

September 28,

2019

 

 

October 3,

2020

 

 

September 28,

2019

 

Revenues:

 

 

 

 

 

 

 

 

 

 

 

 

Sales to unaffiliated customers:

 

 

 

 

 

 

 

 

 

 

 

 

Industrial Hardware

 

$47,141,513

 

 

$39,427,301

 

 

$128,249,908

 

 

$115,321,597

 

Security Products

 

 

14,189,215

 

 

 

14,169,694

 

 

 

37,687,815

 

 

 

45,355,397

 

Metal Products

 

 

4,474,830

 

 

 

7,095,650

 

 

 

14,026,859

 

 

 

22,338,729

 

 

 

$65,805,558

 

 

$60,692,645

 

 

$179,964,582

 

 

$183,015,723

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (loss) before income taxes:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Industrial Hardware

 

$3,350,139

 

 

$3,419,052

 

 

$9,168,330

 

 

$6,369,647

 

Security Products

 

 

1,569,173

 

 

 

1,762,703

 

 

 

(724,125)

 

 

3,703,098

 

Metal Products

 

 

(683,500)

 

 

538,656

 

 

 

(2,030,942)

 

 

941,268

 

Operating Profit (loss)

 

 

4,235,812

 

 

 

5,720,411

 

 

 

6,413,263

 

 

 

11,014,013

 

Interest expense 

 

 

(647,066)

 

 

(420,377)

 

 

(2,081,283)

 

 

(974,536)

Other income 

 

 

365,703

 

 

 

188,623

 

 

 

969,024

 

 

 

789,371

 

 

 

$3,954,449

 

 

$5,488,657

 

 

$5,301,004

 

 

$10,828,848