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GOODWILL | 12 Months Ended
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Dec. 29, 2018
Goodwill [Abstract] |
GOODWILL | 4. GOODWILL The following is a roll-forward of goodwill for 2018 and 2017:
|  | Industrial Hardware Segment |  |  | Security Products Segment |  |  | Metal Products Segment |  |  | Total |
2018 |  |  |  |  |  |  |  |  |  |  |  |
Beginning balance |  | $ | 19,169,849 |  |  | $ | 13,059,042 |  |  | $ | — |  |  | $ | 32,228,891 |
Investment in Load N Lock |  |  | — |  |  |  | 2,694,700 |  |  |  | — |  |  |  | 2,694,700 |
Foreign exchange |  |  | (83,215 | ) |  |  | — |  |  |  | — |  |  |  | (83,215 | )
Ending balance |  | $ | 19,086,634 |  |  | $ | 15,753,742 |  |  | $ | — |  |  | $ | 34,840,376 |
|  | Industrial Hardware Segment |  |  | Security Products Segment |  |  | Metal Products Segment |  |  | Total |
2017 |  |  |  |  |  |  |  |  |  |  |  |
Beginning balance |  | $ | 1,760,793 |  |  | $ | 13,059,042 |  |  | $ | — |  |  | $ | 14,819,835 |
Investment in Velvac |  |  | 17,340,946 |  |  |  | — |  |  |  | — |  |  |  | 17,340,946 |
Foreign exchange |  |  | 68,110 |  |  |  | — |  |  |  | — |  |  |  | 68,110 |
Ending balance |  | $ | 19,169,849 |  |  | $ | 13,059,042 |  |  | $ | — |  |  | $ | 32,228,891 |

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- Definition The entire disclosure for goodwill. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -URI http://asc.fasb.org/subtopic&trid=2144439 + Details
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