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Business segment information
9 Months Ended
Sep. 30, 2024
Segment Reporting [Abstract]  
Business segment information

Note 2 – Business segment information:

Three months ended

Nine months ended

September 30, 

September 30, 

    

2023

    

2024

    

2023

    

2024

(In thousands)

Net sales:

 

  

 

  

  

 

  

Security Products

$

31,376

$

26,567

$

84,390

$

84,667

Marine Components

 

8,979

 

7,100

 

33,732

 

22,858

Total net sales

$

40,355

$

33,667

$

118,122

$

107,525

Operating income:

 

  

 

  

 

  

 

  

Security Products

$

6,496

$

4,553

$

16,009

$

15,445

Marine Components

 

1,693

 

603

 

6,953

 

2,024

Corporate operating expenses

 

(1,644)

 

(1,807)

 

(5,010)

 

(5,324)

Total operating income

 

6,545

 

3,349

 

17,952

 

12,145

Interest income

 

1,064

 

1,235

 

3,003

 

3,754

Income before income taxes

$

7,609

$

4,584

$

20,955

$

15,899

Intersegment sales are not material.