Business and Geographic Information

12 Months Ended

Dec. 31, 2022

Segments Geographical Areas [Abstract]

Business and geographic information

Note 2 - Business and geographic information:

We operate in the security products industry and marine components industry through our majority ownership of CompX. CompX manufactures and sells security products including locking mechanisms and other security products for sale to the postal, transportation, office and institutional furniture, cabinetry, tool storage, healthcare and other industries. CompX also manufactures and distributes wake enhancement systems, stainless steel exhaust systems, gauges, throttle controls, trim tabs and related hardware and accessories primarily for ski/wakeboard boats and performance boats.

The following table disaggregates our net sales by reporting unit, which are the categories that depict how the nature, amount, timing and uncertainty of revenue and cash flows are affected by economic factors (as required by ASC 606).

	Years ended December 31,
	2020		2021		2022
	(In thousands)
Net sales:
Security Products	$	87,863	$	105,124	$	114,519
Marine Components		26,674		35,691		52,043
Total	$	114,537	$	140,815	$	166,562

For geographic information, the point of origin (place of manufacture) for all net sales is the U.S., the point of destination for net sales is based on the location of the customer.

	Years ended December 31,
	2020		2021		2022
	(In thousands)
Net sales - point of destination:
United States	$	107,712	$	129,160	$	153,982
Canada		4,423		8,061		9,227
Mexico		431		589		722
Other		1,971		3,005		2,631
Total	$	114,537	$	140,815	$	166,562