Business Description and Summary of Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2020

Business Description and Summary of Significant Accounting Policies

Schedule of estimated useful lives of property, plant and equipment

Buildings and improvements	5-40  years
Machinery and equipment	5-20  years
Tooling	3‑5 years

Summary of income tax

	For the Nine Months Ended
	September 30,
	2020			2019			% Change
	($000's omitted)
Income tax expense	$	240		$	409		(41.3)	%
Effective tax rate		18.2	%		17.4	%	0.8	%