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Business Segment Information (Tables)
9 Months Ended
Sep. 30, 2021
Segment Reporting [Abstract]  
Schedule of Business Segment Information

 

 

Three months ended

 

 

Nine months ended

 

 

September 30,

 

 

September 30,

 

 

2020

 

 

2021

 

 

2020

 

 

2021

 

 

(In thousands)

 

Net sales:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Security Products

$

21,209

 

 

$

25,829

 

 

$

65,251

 

 

$

79,301

 

Marine Components

 

7,217

 

 

 

8,727

 

 

 

19,286

 

 

 

27,432

 

Total net sales

$

28,426

 

 

$

34,556

 

 

$

84,537

 

 

$

106,733

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating income (loss):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Security Products

$

2,797

 

 

$

5,529

 

 

$

11,871

 

 

$

16,864

 

Marine Components

 

1,129

 

 

 

1,255

 

 

 

3,010

 

 

 

4,796

 

Corporate operating expenses

 

(1,844

)

 

 

(1,653

)

 

 

(5,410

)

 

 

(4,954

)

Total operating income

 

2,082

 

 

 

5,131

 

 

 

9,471

 

 

 

16,706

 

Interest income

 

360

 

 

 

289

 

 

 

1,337

 

 

 

945

 

Income before income taxes

$

2,442

 

 

$

5,420

 

 

$

10,808

 

 

$

17,651