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Segment Information (Tables)
12 Months Ended
Dec. 31, 2020
Segment Reporting [Abstract]  
Schedule of Financial Information for the Company's Reportable Segments
Financial information for the Company's reportable segments follows:
(Dollars in thousands)
Year Ended December 31,
20202019
Net sales
   Lawson$312,803 $329,367 
   Bolt38,788 41,418 
      Consolidated total$351,591 $370,785 
Gross profit
Lawson
$171,258 $181,567 
Bolt
15,280 15,787 
Consolidated total
$186,538 $197,354 
Operating Income
   Lawson$17,715 $6,483 
   Bolt2,835 2,583 
      Consolidated total20,550 9,066 
Interest expense(654)(603)
Other income, net889 1,211 
Income before income taxes$20,785 $9,674 
Capital expenditures
   Lawson$1,529 $1,522 
   Bolt158 506 
      Consolidated total$1,687 $2,028 
Depreciation and amortization
   Lawson$5,343 $4,757 
   Bolt1,358 1,136 
      Consolidated total$6,701 $5,893 
Total assets
   Lawson$221,490 $168,803 
   Bolt43,533 44,174 
Investment in Subsidiary
(8,719)(8,548)
      Consolidated total$256,304 $204,429 
Financial information by Geographic Area, Continuing Operations
Financial information related to the Company’s continuing operations by geographic area follows:
(Dollars in Thousands)
Year Ended December 31,
20202019
Net sales (1)
United States
$283,261 $295,675 
Canada
68,330 75,110 
Consolidated total
$351,591 $370,785 
Long-lived assets (2)
United States
$44,395 $25,478 
Canada
34,180 35,849 
Consolidated total
$78,575 $61,327 

(1)    Net sales are attributed to countries based on the location of customers.

(2)    Long-lived assets primarily consist of property, plant and equipment, goodwill, intangibles, right of use assets and other assets.