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Business and Geographic Segments (Tables)
12 Months Ended
Dec. 31, 2022
Segment Reporting [Abstract]  
Schedule of Business Segment Information

Years ended December 31, 

2020

    

2021

    

2022

(In thousands)

Net sales:

  

 

  

 

  

Security Products

$

87,863

$

105,124

$

114,519

Marine Components

 

26,674

 

35,691

 

52,043

Total net sales

$

114,537

$

140,815

$

166,562

Operating income:

 

  

 

  

 

  

Security Products

$

14,926

$

21,622

$

22,744

Marine Components

 

4,088

 

5,591

 

9,561

Corporate operating expenses

 

(7,197)

 

(6,687)

 

(6,869)

Total operating income

 

11,817

 

20,526

 

25,436

Interest income

 

1,680

 

1,197

 

1,877

Income before income taxes

$

13,497

$

21,723

$

27,313

Depreciation and amortization:

 

  

 

  

 

  

Security Products

$

3,069

$

2,890

$

2,801

Marine Components

 

757

 

940

 

1,167

Corporate

 

1

 

9

 

9

Total

$

3,827

$

3,839

$

3,977

Capital expenditures:

    

    

    

Security Products

$

1,252

$

1,044

$

2,015

Marine Components

 

458

 

3,050

 

1,680

Corporate

 

30

 

 

Total

$

1,740

$

4,094

$

3,695

Net sales point of destination:

    

    

    

United States

$

107,712

$

129,160

$

153,982

Canada

 

4,423

 

8,061

 

9,227

Mexico

 

431

 

589

 

722

Other

 

1,971

 

3,005

 

2,631

Total

$

114,537

$

140,815

$

166,562

December 31, 

    

2020

    

2021

    

2022

(In thousands)

Total assets:

 

  

 

  

 

  

Security Products

$

70,755

$

78,193

$

80,671

Marine Components

 

15,515

 

18,167

 

26,372

Corporate

 

97,775

 

96,092

 

70,344

Total

$

184,045

$

192,452

$

177,387