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v3.19.3.a.u2

REPORTABLE SEGMENTS (Tables) | 12 Months Ended
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Dec. 28, 2019
REPORTABLE SEGMENTS [Abstract] |
Segment Financial Information |
|  | 2019 |  |  | 2018 |
Sales: |  |  |  |  |  |
Sales to unaffiliated customers: |  |  |  |  |  |
Industrial Hardware |  | $ | 164,505,888 |  |  | $ | 140,293,409 |
Security Products |  |  | 58,324,085 |  |  |  | 64,897,871 |
Metal Products |  |  | 28,912,646 |  |  |  | 29,084,183 |
|  | $ | 251,742,619 |  |  | $ | 234,275,463 |
Inter-segment Sales: |  |  |  |  |  |  |  |
Industrial Hardware |  | $ | 61,557 |  |  | $ | 366,381 |
Security Products |  |  | 3,382,791 |  |  |  | 3,365,695 |
Metal Products |  |  | 11,731 |  |  |  | 13,421 |
|  | $ | 3,456,079 |  |  | $ | 3,745,497 |
Income Before Income Taxes: |  |  |  |  |  |  |  |
Industrial Hardware |  | $ | 11,067,011 |  |  | $ | 9,588,185 |
Security Products |  |  | 5,389,612 |  |  |  | 7,122,640 |
Metal Products |  |  | 1,001,231 |  |  |  | 1,148,516 |
Operating Profit |  |  | 17,457,854 |  |  |  | 17,859,341 |
Interest expense |  |  | (1,857,961 | ) |  |  | (1,202,272 | )
Other income |  |  | 606,078 |  |  |  | 933,260 |
|  | $ | 16,205,971 |  |  | $ | 17,590,329 |
Geographic Information: |  |  |  |  |  |  |  |
Net Sales: |  |  |  |  |  |  |  |
United States |  | $ | 230,920,619 |  |  | $ | 207,789,058 |
Foreign |  |  | 20,822,000 |  |  |  | 26,486,405 |
|  | $ | 251,742,619 |  |  | $ | 234,275,463 |
Foreign sales are primarily to customers in North America.
Identifiable Assets: |  |  |  |  |  |  |  |
United States |  | $ | 263,295,787 |  |  | $ | 166,665,767 |
Foreign |  |  | 17,367,189 |  |  |  | 14,581,800 |
|  | $ | 280,662,976 |  |  | $ | 181,247,567 |
Industrial Hardware |  | $ | 66,008,663 |  |  | $ | 47,600,805 |
Security Products |  |  | 54,804,360 |  |  |  | 54,593,837 |
Metal Products |  |  | 19,439,404 |  |  |  | 19,909,256 |
|  |  | 140,252,427 |  |  |  | 122,103,898 |
General corporate |  |  | 140,410,549 |  |  |  | 59,143,669 |
|  | $ | 280,662,976 |  |  | $ | 181,247,567 |
|  | 2019 |  |  | 2018 |
Depreciation and Amortization: |  |  |  |  |  |
Industrial Hardware |  | $ | 4,015,017 |  |  | $ | 2,978,324 |
Security Products |  |  | 1,281,008 |  |  |  | 1,135,811 |
Metal Products |  |  | 1,158,856 |  |  |  | 1,215,073 |
|  | $ | 6,454,881 |  |  | $ | 5,329,208 |
Capital Expenditures: |  |  |  |  |  |  |  |
Industrial Hardware |  | $ | 3,603,863 |  |  | $ | 3,029,406 |
Security Products |  |  | 935,722 |  |  |  | 1,482,267 |
Metal Products |  |  | 897,573 |  |  |  | 901,400 |
|  |  | 5,437,158 |  |  |  | 5,413,073 |
Currency translation adjustment |  |  | 3,330 |  |  |  | (9,014 | )
General corporate |  |  | — |  |  |  | 6,486 |
|  | $ | 5,440,488 |  |  | $ | 5,410,545 |

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