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REPORTABLE SEGMENTS (Tables) | 12 Months Ended
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Jan. 03, 2015
REPORTABLE SEGMENTS [Abstract] |
Segment financial information | No other customer exceeded 10% of total revenue in 2014, 2013 or 2012.
|  | 2014 |  |  | 2013 |  |  | 2012 |
Revenue: Sales to unaffiliated customers: |  |  |  |  |  |  |  |  |
Industrial Hardware |  | $ | 58,666,229 |  |  | $ | 60,367,209 |  |  | $ | 72,268,559 |
Security Products |  |  | 49,381,553 |  |  |  | 48,751,688 |  |  |  | 50,138,121 |
Metal Products |  |  | 32,777,578 |  |  |  | 33,339,382 |  |  |  | 35,102,505 |
|  | $ | 140,825,360 |  |  | $ | 142,458,279 |  |  | $ | 157,509,185 |
Inter-segment Revenue: |  |  |  |  |  |  |  |  |
Industrial Hardware |  | $ | 984,192 |  |  | $ | 373,797 |  |  | $ | 270,911 |
Security Products |  |  | 2,565,733 |  |  |  | 2,558,127 |  |  |  | 2,914,667 |
Metal Products |  |  | — |  |  |  | 11,540 |  |  |  | — |
|  | $ | 3,549,925 |  |  | $ | 2,943,464 |  |  | $ | 3,185,578 |
Income Before Income Taxes: |  |  |  |  |  |  |  |  |
Industrial Hardware |  | $ | 5,063,786 |  |  | $ | 4,797,254 |  |  | $ | 7,566,512 |
Security Products |  |  | 4,058,554 |  |  |  | 2,780,403 |  |  |  | 4,113,661 |
Metal Products |  |  | 2,596,308 |  |  |  | 2,808,664 |  |  |  | 1,871,250 |
Operating Profit |  |  | 11,718,648 |  |  |  | 10,386,321 |  |  |  | 13,551,423 |
Interest expense |  |  | (254,576 | ) |  |  | (322,731 | ) |  |  | (369,357 | )
Other income |  |  | 64,691 |  |  |  | 50,305 |  |  |  | 42,452 |
|  | $ | 11,528,763 |  |  | $ | 10,113,895 |  |  | $ | 13,224,518 |
Geographic Information: |  |  |  |  |  |  |  |  |  |  |  |
Net Sales: |  |  |  |  |  |  |  |  |  |  |  |
United States |  | $ | 117,478,557 |  |  | $ | 114,085,322 |  |  | $ | 120,604,363 |
Foreign |  |  | 23,346,803 |  |  |  | 28,372,957 |  |  |  | 36,904,822 |
|  | $ | 140,825,360 |  |  | $ | 142,458,279 |  |  | $ | 157,509,185 |
Foreign sales are primarily to customers in North America.
Identifiable Assets: |  |  |  |  |  |  |  |  |
United States |  | $ | 105,771,961 |  |  | $ | 96,289,200 |  |  | $ | 95,441,029 |
Foreign |  |  | 15,498,595 |  |  |  | 17,569,209 |  |  |  | 20,413,121 |
|  | $ | 121,270,556 |  |  | $ | 113,858,409 |  |  | $ | 115,854,150 |
Industrial Hardware |  | $ | 29,660,695 |  |  | $ | 31,820,269 |  |  | $ | 34,425,594 |
Security Products |  |  | 51,573,251 |  |  |  | 43,582,088 |  |  |  | 41,857,156 |
Metal Products |  |  | 21,037,058 |  |  |  | 19,282,393 |  |  |  | 18,281,619 |
|  |  | 102,271,004 |  |  |  | 94,684,750 |  |  |  | 94,564,369 |
General corporate |  |  | 18,999,552 |  |  |  | 19,173,659 |  |  |  | 21,289,781 |
|  | $ | 121,270,556 |  |  | $ | 113,858,409 |  |  | $ | 115,854,150 |
|  | 2014 |  |  | 2013 |  |  | 2012 |
Depreciation and Amortization: |  |  |  |  |  |  |  |  |
Industrial Hardware |  | $ | 1,631,521 |  |  | $ | 2,085,618 |  |  | $ | 1,769,097 |
Security Products |  |  | 621,501 |  |  |  | 592,555 |  |  |  | 628,652 |
Metal Products |  |  | 1,233,280 |  |  |  | 1,147,113 |  |  |  | 1,042,051 |
|  | $ | 3,486,302 |  |  | $ | 3,825,286 |  |  | $ | 3,439,800 |
Capital Expenditures: |  |  |  |  |  |  |  |  |
Industrial Hardware |  | $ | 1,929,022 |  |  | $ | 1,967,335 |  |  | $ | 1,552,147 |
Security Products |  |  | 973,365 |  |  |  | 469,669 |  |  |  | 260,692 |
Metal Products |  |  | 664,851 |  |  |  | 3,002,556 |  |  |  | 2,337,104 |
|  |  | 3,567,238 |  |  |  | 5,439,560 |  |  |  | 4,149,943 |
Currency translation adjustment |  |  | 10,347 |  |  |  | (245 | ) |  |  | (2,730 | )
General corporate |  |  | 55,580 |  |  |  | 84,427 |  |  |  | 69,757 |
|  | $ | 3,633,165 |  |  | $ | 5,523,742 |  |  | $ | 4,216,970 |

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