XML 17 R8.htm IDEA: XBRL DOCUMENT v3.23.3
Business segment information
9 Months Ended
Sep. 30, 2023
Segment Reporting [Abstract]  
Business segment information

Note 2 – Business segment information:

Three months ended

Nine months ended

September 30, 

September 30, 

    

2022

    

2023

    

2022

    

2023

(In thousands)

Net sales:

 

  

 

  

  

 

  

Security Products

$

28,493

$

31,376

$

86,911

$

84,390

Marine Components

 

14,371

 

8,979

 

39,678

 

33,732

Total net sales

$

42,864

$

40,355

$

126,589

$

118,122

Operating income:

 

  

 

  

 

  

 

  

Security Products

$

4,904

$

6,496

$

17,645

$

16,009

Marine Components

 

2,716

 

1,693

 

7,449

 

6,953

Corporate operating expenses

 

(1,700)

 

(1,644)

 

(5,123)

 

(5,010)

Total operating income

 

5,920

 

6,545

 

19,971

 

17,952

Interest income

 

558

 

1,064

 

1,109

 

3,003

Income before income taxes

$

6,478

$

7,609

$

21,080

$

20,955

Intersegment sales are not material.