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Business Segment Information
9 Months Ended
Sep. 30, 2017
Segment Reporting [Abstract]  
Business Segment Information

Note 2 – Business segment information:

 

 

Three months ended

 

 

Nine months ended

 

 

September 30,

 

 

September 30,

 

 

2016

 

 

2017

 

 

2016

 

 

2017

 

 

(In thousands)

 

 

(In thousands)

 

Net sales:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Security Products

$

24,680

 

 

$

22,854

 

 

$

71,289

 

 

$

74,903

 

Marine Components

 

3,724

 

 

 

4,138

 

 

 

11,297

 

 

 

12,040

 

Total net sales

$

28,404

 

 

$

26,992

 

 

$

82,586

 

 

$

86,943

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating income (loss):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Security Products

$

5,421

 

 

$

4,249

 

 

$

14,676

 

 

$

15,301

 

Marine Components

 

547

 

 

 

417

 

 

 

1,436

 

 

 

1,284

 

Corporate operating expenses

 

(1,495

)

 

 

(1,298

)

 

 

(4,569

)

 

 

(4,091

)

Total operating income

 

4,473

 

 

 

3,368

 

 

 

11,543

 

 

 

12,494

 

Interest income

 

88

 

 

 

546

 

 

 

161

 

 

 

1,363

 

Income before taxes

$

4,561

 

 

$

3,914

 

 

$

11,704

 

 

$

13,857

 

 

Intersegment sales are not material.