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Segment Information (Tables)
12 Months Ended
Dec. 31, 2021
Segment Reporting [Abstract]  
Schedule of Financial Information for the Company's Reportable Segments
Financial information for the Company's reportable segments follows:
(Dollars in thousands)
Year Ended December 31,
20212020
Net sales
   Lawson$371,668 $312,803 
   Bolt46,065 38,788 
      Consolidated total$417,733 $351,591 
Gross profit
Lawson
$200,475 $171,258 
Bolt
18,760 15,280 
Consolidated total
$219,235 $186,538 
Operating Income
   Lawson$8,193 $17,715 
   Bolt3,794 2,835 
      Consolidated total11,987 20,550 
Interest expense(869)(654)
Other income, net801 889 
Income before income taxes$11,919 $20,785 
Capital expenditures
   Lawson$7,460 $1,529 
   Bolt733 158 
      Consolidated total$8,193 $1,687 
Depreciation and amortization
   Lawson$6,736 $5,343 
   Bolt1,605 1,358 
      Consolidated total$8,341 $6,701 
Total assets
   Lawson$217,856 $221,490 
   Bolt47,085 43,533 
Investment in Subsidiary
(8,784)(8,719)
      Consolidated total$256,157 $256,304 
Financial information by Geographic Area, Continuing Operations
Financial information related to the Company’s operations by geographic area follows:
(Dollars in Thousands)
Year Ended December 31,
20212020
Net sales (1)
United States
$337,981 $283,261 
Canada
79,752 68,330 
Consolidated total
$417,733 $351,591 
Long-lived assets (2)
United States
$50,491 $44,395 
Canada
34,206 34,180 
Consolidated total
$84,697 $78,575 

(1)    Net sales are attributed to countries based on the location of customers.

(2)    Long-lived assets primarily consist of property, plant and equipment, goodwill, intangibles, right of use assets and other assets.