XML 28 R18.htm IDEA: XBRL DOCUMENT v3.25.1
Business segment information (Tables)
3 Months Ended
Mar. 31, 2025
Segment Reporting [Abstract]  
Schedule of Business Segment Information

Three months ended

March 31, 

    

2024

    

2025

(In thousands)

Net sales:

  

 

  

Security Products

$

29,887

$

30,230

Marine Components

 

8,084

 

10,042

Total

$

37,971

$

40,272

Cost of sales:

 

  

 

  

Security Products

$

21,115

$

21,232

Marine Components

 

7,189

 

6,877

Total

$

28,304

$

28,109

Gross Margin:

Security Products

$

8,772

$

8,998

Marine Components

 

895

 

3,165

Total

$

9,667

$

12,163

Segment selling, general and administrative expense:

 

  

 

  

Security Products

$

3,322

$

3,477

Marine Components

 

861

 

924

Total

$

4,183

$

4,401

Operating income:

 

  

 

  

Security Products

$

5,450

$

5,521

Marine Components

 

34

 

2,241

Segment operating income

 

5,484

 

7,762

Corporate operating expenses

 

(1,769)

 

(1,893)

Operating income

 

3,715

 

5,869

Interest income

 

1,224

 

873

Income before income taxes

$

4,939

$

6,742

Depreciation and amortization:

 

  

 

  

Security Products

$

625

$

644

Marine Components

 

301

 

301

Total

$

926

$

945