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Business Segment Information (Tables)
9 Months Ended
Sep. 30, 2019
Segment Reporting [Abstract]  
Schedule of Business Segment Information

 

 

Three months ended

 

 

Nine months ended

 

 

September 30,

 

 

September 30,

 

 

2018

 

 

2019

 

 

2018

 

 

2019

 

 

(In thousands)

 

 

(In thousands)

 

Net sales:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Security Products

$

24,541

 

 

$

23,405

 

 

$

75,845

 

 

$

75,036

 

Marine Components

 

5,488

 

 

 

6,298

 

 

 

14,982

 

 

 

19,574

 

Total net sales

$

30,029

 

 

$

29,703

 

 

$

90,827

 

 

$

94,610

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating income (loss):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Security Products

$

5,335

 

 

$

4,866

 

 

$

17,761

 

 

$

15,990

 

Marine Components

 

812

 

 

 

1,042

 

 

 

2,335

 

 

 

3,223

 

Corporate operating expenses

 

(1,627

)

 

 

(1,642

)

 

 

(5,217

)

 

 

(5,034

)

Total operating income

 

4,520

 

 

 

4,266

 

 

 

14,879

 

 

 

14,179

 

Interest income

 

697

 

 

 

848

 

 

 

1,908

 

 

 

2,512

 

Income before taxes

$

5,217

 

 

$

5,114

 

 

$

16,787

 

 

$

16,691