Note E - Business Segments

9 Months Ended

Oct. 01, 2023

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 1, 2023
External net sales	$	21,545	$	61,311	$	285		$	83,141
Gross profit (loss)		3,920		12,740		(1,261	)		15,399
Operating profit (loss)		760		9,085		(2,777	)		7,068
Total assets		182,221		225,636		8,112			415,969
Depreciation and amortization		262		842		89			1,193
Capital expenditures		216		554		97			867
Quarter ended October 2, 2022
External net sales	$	27,120	$	42,347	$	216		$	69,683
Gross profit (loss)		8,787		8,846		(571	)		17,062
Operating profit (loss)		6,083		6,268		(1,853	)		10,498
Total assets		215,752		175,966		15,725			407,443
Depreciation and amortization		504		747		143			1,394
Capital expenditures		100		194		924			1,218

	(in thousands)
	Housewares / Small Appliances		Defense		Safety			Total
Nine Months Ended October 1, 2023
External net sales	$	61,533	$	179,874	$	1,089		$	242,496
Gross profit (loss)		12,814		36,992		(3,007	)		46,799
Operating profit (loss)		2,957		26,720		(7,939	)		21,738
Total assets		182,221		225,636		8,112			415,969
Depreciation and amortization		769		3,060		315			4,144
Capital expenditures		444		1,074		175			1,693
Nine Months Ended October 2, 2022
External net sales	$	72,267	$	134,828		480		$	207,575
Gross profit (loss)		14,020		28,941		(1,150	)		41,811
Operating profit (loss)		5,151		20,900		(4,607	)		21,444
Total assets		215,752		175,966		15,725			407,443
Depreciation and amortization		766		1,136		258			2,160
Capital expenditures		177		286		927			1,390