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Segment Information (Tables) | 12 Months Ended
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Dec. 31, 2020
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,
| 2020 |  | 2019
Net sales |  |  |
Lawson | $ | 312,803 |  |  | $ | 329,367 |
Bolt | 38,788 |  |  | 41,418 |
Consolidated total | $ | 351,591 |  |  | $ | 370,785 |
Gross profit |  |  |
Lawson | $ | 171,258 |  |  | $ | 181,567 |
Bolt | 15,280 |  |  | 15,787 |
Consolidated total | $ | 186,538 |  |  | $ | 197,354 |
Operating Income |  |  |
Lawson | $ | 17,715 |  |  | $ | 6,483 |
Bolt | 2,835 |  |  | 2,583 |
Consolidated total | 20,550 |  |  | 9,066 |
Interest expense | (654) |  |  | (603) |
Other income, net | 889 |  |  | 1,211 |
Income before income taxes | $ | 20,785 |  |  | $ | 9,674 |
Capital expenditures |  |  |
Lawson | $ | 1,529 |  |  | $ | 1,522 |
Bolt | 158 |  |  | 506 |
Consolidated total | $ | 1,687 |  |  | $ | 2,028 |
Depreciation and amortization |  |  |
Lawson | $ | 5,343 |  |  | $ | 4,757 |
Bolt | 1,358 |  |  | 1,136 |
Consolidated total | $ | 6,701 |  |  | $ | 5,893 |
Total assets |  |  |
Lawson | $ | 221,490 |  |  | $ | 168,803 |
Bolt | 43,533 |  |  | 44,174 |
Investment in Subsidiary | (8,719) |  |  | (8,548) |
Consolidated total | $ | 256,304 |  |  | $ | 204,429 |
Financial information by Geographic Area, Continuing Operations | Financial information related to the Company’s continuing operations by geographic area follows:
| (Dollars in Thousands)
| Year Ended December 31,
| 2020 |  | 2019
Net sales (1) |  |  |
United States | $ | 283,261 |  |  | $ | 295,675 |
Canada | 68,330 |  |  | 75,110 |
Consolidated total | $ | 351,591 |  |  | $ | 370,785 |
Long-lived assets (2) |  |  |
United States | $ | 44,395 |  |  | $ | 25,478 |
Canada | 34,180 |  |  | 35,849 |
Consolidated total | $ | 78,575 |  |  | $ | 61,327 |
(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.

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- Definition Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9038-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1) -URI http://asc.fasb.org/extlink&oid=120395209&loc=SL114868664-224227 + Details
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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599 + Details
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