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v3.19.3.a.u2

GOODWILL | 12 Months Ended
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Dec. 28, 2019
Goodwill [Abstract] |
GOODWILL | 4. G oodwill The following is a roll-forward of goodwill for 2019 and 2018:
|  | Industrial Hardware Segment |  |  | Security Products Segment |  |  | Metal Products Segment |  |  | Total |
2019 |  |  |  |  |  |  |  |  |  |  |  |
Beginning balance |  | $ | 19,086,634 |  |  | $ | 15,753,742 |  |  | $ | — |  |  | $ | 34,840,376 |
Investment in Big 3 |  |  | 44,636,744 |  |  |  | — |  |  |  | — |  |  |  | 44,636,744 |
Foreign exchange |  |  | 40,892 |  |  |  | — |  |  |  | — |  |  |  | 40,892 |
Ending balance |  | $ | 63,764,270 |  |  | $ | 15,753,742 |  |  | $ | — |  |  | $ | 79,518,012 |
|  | 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 |

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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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