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REPORTABLE SEGMENTS | 12 Months Ended
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Dec. 29, 2018
REPORTABLE SEGMENTS [Abstract] |
REPORTABLE SEGMENTS | 13. Reportable Segments
|  | 2018 |  |  | 2017 |
Sales: |  |  |  |  |  |
Sales to unaffiliated customers: |  |  |  |  |  |
Industrial Hardware |  | $ | 140,293,409 |  |  | $ | 115,273,233 |
Security Products |  |  | 64,897,871 |  |  |  | 60,976,998 |
Metal Products |  |  | 29,084,183 |  |  |  | 27,989,382 |
|  | $ | 234,275,463 |  |  | $ | 204,239,613 |
Inter-segment Sales: |  |  |  |  |  |  |  |
Industrial Hardware |  | $ | 366,381 |  |  | $ | 524,536 |
Security Products |  |  | 3,365,695 |  |  |  | 2,935,797 |
Metal Products |  |  | 13,421 |  |  |  | 21,431 |
|  | $ | 3,745,497 |  |  | $ | 3,481,764 |
Income Before Income Taxes: |  |  |  |  |  |  |  |
Industrial Hardware |  | $ | 9,588,185 |  |  | $ | 5,042,687 |
Security Products |  |  | 7,122,640 |  |  |  | 6,020,847 |
Metal Products |  |  | 1,148,516 |  |  |  | 1,019,224 |
Operating Profit |  |  | 17,859,341 |  |  |  | 12,082,758 |
Interest expense |  |  | (1,202,272 | ) |  |  | (976,512 | )
Other income |  |  | 933,260 |  |  |  | 348,696 |
|  | $ | 17,590,329 |  |  | $ | 11,454,942 |
Geographic Information: |  |  |  |  |  |  |  |
Net Sales: |  |  |  |  |  |  |  |
United States |  | $ | 207,789,058 |  |  | $ | 178,124,818 |
Foreign |  |  | 26,486,405 |  |  |  | 26,114,795 |
|  | $ | 234,275,463 |  |  | $ | 204,239,613 |
Foreign sales are primarily to customers in North America. |  |  |  |  |
Identifiable Assets: |  |  |  |  |  |  |  |
United States |  | $ | 166,665,767 |  |  | $ | 153,712,643 |
Foreign |  |  | 14,581,800 |  |  |  | 22,745,754 |
|  | $ | 181,247,567 |  |  | $ | 176,458,397 |
Industrial Hardware |  | $ | 47,600,805 |  |  | $ | 44,828,458 |
Security Products |  |  | 54,593,837 |  |  |  | 53,724,837 |
Metal Products |  |  | 19,909,256 |  |  |  | 18,126,395 |
|  |  | 122,103,898 |  |  |  | 116,679,690 |
General corporate |  |  | 59,143,669 |  |  |  | 59,778,707 |
|  | $ | 181,247,567 |  |  | $ | 176,458,397 |
|  | 2018 |  |  | 2017 |
Depreciation and Amortization: |  |  |  |  |  |
Industrial Hardware |  | $ | 2,978,324 |  |  | $ | 2,526,460 |
Security Products |  |  | 1,135,811 |  |  |  | 964,873 |
Metal Products |  |  | 1,215,073 |  |  |  | 1,227,852 |
|  | $ | 5,329,208 |  |  | $ | 4,719,185 |
Capital Expenditures: |  |  |  |  |  |  |  |
Industrial Hardware |  | $ | 3,029,406 |  |  | $ | 1,151,868 |
Security Products |  |  | 1,482,267 |  |  |  | 705,178 |
Metal Products |  |  | 901,400 |  |  |  | 899,663 |
|  |  | 5,413,073 |  |  |  | 2,756,709 |
Currency translation adjustment |  |  | (9,014 | ) |  |  | 6,240 |
General corporate |  |  | 6,486 |  |  |  | — |
|  | $ | 5,410,545 |  |  | $ | 2,762,949 |

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- References No definition available. + Details
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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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