Note E - Business Segments

9 Months Ended

Oct. 03, 2021

Notes to Financial Statements

Segment Reporting Disclosure [Text Block]

NOTE E – BUSINESS SEGMENTS 

In the following summary, operating profit represents earnings before other income and income taxes.  The Company's segments operate discretely from each other with no shared owned or leased manufacturing facilities.  Costs associated with corporate activities (such as cash and marketable securities management) and the assets associated with such activities are included within the Housewares/Small Appliances segment for all periods presented.

	(in thousands)
	Housewares / Small Appliances			Defense		Safety			Total
Quarter ended October 3, 2021
External net sales	$	27,732		$	59,338	$	155		$	87,225
Gross profit (loss)		(3,180	)		14,620		(210	)		11,230
Operating profit (loss)		(6,277	)		12,099		(1,187	)		4,635
Total assets		233,680			169,124		23,105			425,909
Depreciation and amortization		318			386		59			763
Capital expenditures		241			262		10			513
Quarter ended September 27, 2020
External net sales	$	27,169		$	66,679	$	89		$	93,937
Gross profit (loss)		5,259			15,718		(259	)		20,718
Operating profit (loss)		2,385			13,416		(1,349	)		14,452
Total assets		218,464			171,105		21,109			410,678
Depreciation and amortization		243			434		61			738
Capital expenditures		130			624		10			764

	(in thousands)
	Housewares / Small Appliances			Defense		Safety			Total
Nine Months Ended October 3, 2021
External net sales	$	77,437		$	177,592	$	341		$	255,370
Gross profit (loss)		2,911			45,131		(776	)		47,266
Operating profit (loss)		(6,909	)		37,455		(3,638	)		26,908
Total assets		233,680			169,124		23,105			425,909
Depreciation and amortization		911			1,141		176			2,228
Capital expenditures		581			1,772		116			2,469
Nine Months Ended September 27, 2020
External net sales	$	73,025		$	173,489		191		$	246,705
Gross profit (loss)		13,982			45,631		(1,035	)		58,578
Operating profit (loss)		4,739			38,341		(4,036	)		39,044
Total assets		218,464			171,105		21,109			410,678
Depreciation and amortization		722			1,295		221			2,238
Capital expenditures		456			945		97			1,498