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ACCOUNTING POLICIES (Tables) | 12 Months Ended
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Dec. 28, 2013
ACCOUNTING POLICIES [Abstract] |
Gross carrying amount and accumulated amortization of amortizable intangible assets | The gross carrying amount and accumulated amortization of amortizable intangible assets:
|  | Industrial Hardware Segment |  |  | Security Products Segment |  |  | Metal Products Segment |  |  | Total |  |  | Weighted-Average Amortization Period (Years) |
2013 Patents and developed technology |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Gross Amount: |  | $ | 2,595,931 |  |  | $ | 1,041,250 |  |  | $ | -- |  |  | $ | 3,637,181 |  |  |  | 16.0 |
Accumulated amortization: |  |  | 1,676,440 |  |  |  | 503,238 |  |  |  | -- |  |  |  | 2,179,678 |  |  |  |  |
Net 2013 per Balance Sheet |  | $ | 919,491 |  |  | $ | 538,012 |  |  | $ | -- |  |  | $ | 1,457,503 |  |  |  |  |
2012 Patents and developed technology |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Gross Amount: |  | $ | 2,732,307 |  |  | $ | 1,021,409 |  |  | $ | 5,839 |  |  | $ | 3,759,555 |  |  |  | 15.8 |
Accumulated amortization: |  |  | 1,652,199 |  |  |  | 447,732 |  |  |  | 5,667 |  |  |  | 2,105,598 |  |  |  |  |
Net 2012 per Balance Sheet |  | $ | 1,080,108 |  |  | $ | 573,677 |  |  | $ | 172 |  |  | $ | 1,653,957 |  |  |  |  |
Roll-forward of goodwill | The following is a roll-forward of goodwill for 2013 and 2012:
|  | Industrial Hardware Segment |  |  | Security Products Segment |  |  | Metal Products Segment |  |  | Total |
2013 |  |  |  |  |  |  |  |  |  |  |  |
Beginning balance |  | $ | 2,099,783 |  |  | $ | 11,833,816 |  |  | $ | — |  |  | $ | 13,933,599 |
Foreign exchange |  |  | (91,552 | ) |  |  | — |  |  |  | — |  |  |  | (91,552 | )
Ending balance |  | $ | 2,008,231 |  |  | $ | 11,833,816 |  |  | $ | — |  |  | $ | 13,842,047 |
|  | Industrial Hardware Segment |  |  | Security Products Segment |  |  | Metal Products Segment |  |  | Total |
2012 |  |  |  |  |  |  |  |  |  |  |  |
Beginning balance |  | $ | 2,071,393 |  |  | $ | 11,833,816 |  |  | $ | — |  |  | $ | 13,905,209 |
Foreign exchange |  |  | 28,390 |  |  |  | — |  |  |  | — |  |  |  | 28,390 |
Ending balance |  | $ | 2,099,783 |  |  | $ | 11,833,816 |  |  | $ | — |  |  | $ | 13,933,599 |
Denominators used in the earnings per share computations | The denominators used in the earnings per share computations follow:
|  | 2013 |  |  | 2012 |  |  | 2011 |
Basic: |  |  |  |  |  |  |  |  |
Weighted average shares outstanding |  |  | 6,220,928 |  |  |  | 6,216,931 |  |  |  | 6,178,664 |
Diluted: |  |  |  |  |  |  |  |  |  |  |  |
Weighted average shares outstanding |  |  | 6,220,928 |  |  |  | 6,216,931 |  |  |  | 6,178,664 |
Dilutive stock options |  |  | 16,830 |  |  |  | 16,444 |  |  |  | 37,529 |
Denominator for diluted earnings per share |  |  | 6,237,758 |  |  |  | 6,233,375 |  |  |  | 6,216,193

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- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16265-109275 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16323-109275 + Details
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