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Business segment information
6 Months Ended
Jun. 30, 2024
Segment Reporting [Abstract]  
Business segment information

Note 2 – Business segment information:

Three months ended

Six months ended

June 30, 

June 30, 

    

2023

    

2024

    

2023

    

2024

(In thousands)

Net sales:

 

  

 

  

  

 

  

Security Products

$

25,672

$

28,213

$

53,014

$

58,100

Marine Components

 

10,944

 

7,674

 

24,753

 

15,758

Total net sales

$

36,616

$

35,887

$

77,767

$

73,858

Operating income:

 

  

 

  

 

  

 

  

Security Products

$

4,134

$

5,442

$

9,513

$

10,892

Marine Components

 

1,943

 

1,387

 

5,260

 

1,421

Corporate operating expenses

 

(1,710)

 

(1,748)

 

(3,366)

 

(3,517)

Total operating income

 

4,367

 

5,081

 

11,407

 

8,796

Interest income

 

992

 

1,295

 

1,939

 

2,519

Income before income taxes

$

5,359

$

6,376

$

13,346

$

11,315

Intersegment sales are not material.