Business and Geographic Information

12 Months Ended

Dec. 31, 2023

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,
	2021		2022		2023
	(In thousands)
Net sales:
Security Products	$	105,124	$	114,519	$	121,182
Marine Components		35,691		52,043		40,105
Total	$	140,815	$	166,562	$	161,287

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,
	2021		2022		2023
	(In thousands)
Net sales - point of destination:
United States	$	129,160	$	153,982	$	155,092
Canada		8,061		9,227		3,153
Mexico		589		722		829
Other		3,005		2,631		2,213
Total	$	140,815	$	166,562	$	161,287