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BUSINESS SEGMENTS (Tables)
3 Months Ended
Mar. 31, 2013
Segment Reporting [Abstract]  
Schedule of Revenue by Major Customers by Reporting Segments [Table Text Block]
Three months ended March 31, 2013
 
Consolidated
 
Tools
 
Hardware
 
 
 
 
 
 
 
 
 
 
 
 
Revenue
 
$
20,709,000
 
$
15,629,000
 
$
5,080,000
 
 
 
 
 
 
 
 
 
 
 
 
Segment operating income
 
$
2,528,000
 
$
1,714,000
 
$
814,000
 
General corporate expense
 
 
(1,426,000)
 
 
 
 
 
 
 
Interest expense
 
 
(109,000)
 
 
 
 
 
 
 
Earnings before income taxes
 
$
993,000
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Segment assets
 
$
55,948,000
 
$
42,168,000
 
$
13,780,000
 
Corporate assets
 
 
4,829,000
 
 
 
 
 
 
 
Total assets
 
$
60,777,000
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Long-lived assets, including $17,000 at corporate
 
$
17,677,000
 
$
13,134,000
 
$
4,526,000
 
 
Three months ended March 31, 2012
 
Consolidated
 
Tools
 
Hardware
 
 
 
 
 
 
 
 
 
 
 
 
Revenue
 
$
14,317,000
 
$
9,672,000
 
$
4,645,000
 
 
 
 
 
 
 
 
 
 
 
 
Segment operating income
 
$
2,423,000
 
$
1,729,000
 
$
694,000
 
General corporate expense
 
 
(1,552,000)
 
 
 
 
 
 
 
Interest expense
 
 
(142,000)
 
 
 
 
 
 
 
Earnings before income taxes
 
$
729,000
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Segment assets
 
$
44,901,000
 
$
32,455,000
 
$
12,446,000
 
Corporate assets
 
 
2,970,000
 
 
 
 
 
 
 
Total assets
 
$
47,871,000
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Long-lived assets, including $123,000 at corporate
 
$
18,156,000
 
$
13,387,000
 
$
4,646,000