BUSINESS SEGMENTS (Tables)

9 Months Ended

Sep. 30, 2012

Segment Reporting [Abstract]

Schedule of Revenue by Major Customers by Reporting Segments [Table Text Block]

Three months ended September 30, 2012	Consolidated			Tools		Hardware
Revenues from unaffiliated customers	$	17,622,000		$	13,327,000	$	4,295,000
Segment operating income	$	2,701,000		$	1,995,000	$	706,000
General corporate expense		(1,321,000	)
Interest expense – net		(126,000	)
Income from continuing operations before income taxes	$	1,254,000
Segment assets	$	49,167,000		$	37,700,000	$	11,467,000
Corporate assets		4,941,000
Total assets	$	54,108,000
Long-lived assets, including $34,000 at corporate	$	18,258,000		$	13,631,000	$	4,593,000

Three months ended September 30, 2011	Consolidated			Tools		Hardware
Revenues	$	15,050,000		$	11,182,000	$	3,868,000
Segment operating income	$	2,242,000		$	1,730,000	$	512,000
General corporate expense		(1,454,000	)
Interest expense – net		(170,000	)
Income from continuing operations before income taxes	$	618,000
Segment assets	$	45,758,000		$	35,284,000	$	10,474,000
Corporate assets		3,121,000
Total assets	$	48,879,000
Long-lived assets, including $238,000 at corporate	$	18,323,000		$	13,610,000	$	4,475,000

Nine months ended September 30, 2012	Consolidated			Tools		Hardware
Revenues from unaffiliated customers	$	47,180,000		$	32,672,000	$	14,508,000
Segment operating income	$	7,543,000		$	5,027,000	$	2,516,000
General corporate expense		(4,311,000	)
Interest expense – net		(401,000	)
Income from continuing operations before income taxes	$	2,831,000

Nine months ended September 30, 2011	Consolidated			Tools		Hardware
Revenues	$	42,667,000		$	30,361,000	$	12,306,000
Segment operating income	$	6,692,000		$	4,824,000	$	1,868,000
General corporate expense		(4,178,000	)
Interest expense – net		(589,000	)
Income from continuing operations before income taxes	$	1,925,000