Business and Geographic Information

12 Months Ended

Dec. 31, 2019

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 transportation, postal, office and institutional furniture, cabinetry, tool storage, healthcare and other industries with a facility in South Carolina and a facility shared with Marine Components in Illinois.  CompX also manufactures and distributes stainless steel exhaust systems, gauges, throttle controls, wake enhancement systems, trim tabs and related hardware and accessories primarily for performance and ski/wakeboard 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,
	2017		2018		2019
	(In thousands)
Net sales:
Security Products	$	96,600	$	98,383	$	99,328
Marine Components		15,435		19,834		24,915
Total	$	112,035	$	118,217	$	124,243

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,
	2017		2018		2019
	(In thousands)
Net sales - point of destination:
United States	$	103,646	$	108,773	$	114,186
Canada		5,353		6,436		7,257
Mexico		1,486		1,438		922
Other		1,550		1,570		1,878
Total	$	112,035	$	118,217	$	124,243

All of our net property and equipment is located in the United States at December 31, 2018 and 2019.