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BUSINESS SEGMENTS (Tables)
6 Months Ended
Jun. 30, 2013
Segment Reporting [Abstract]  
Schedule of Revenue by Major Customers by Reporting Segments [Table Text Block]
Three months ended June 30, 2013
 
Consolidated
 
Tools
 
Hardware
 
 
 
 
 
 
 
 
 
 
 
 
Revenues from unaffiliated customers
 
$
19,476,000
 
$
13,221,000
 
$
6,255,000
 
 
 
 
 
 
 
 
 
 
 
 
Segment operating income
 
$
2,964,000
 
$
1,740,000
 
$
1,224,000
 
General corporate expense
 
 
(1,442,000)
 
 
 
 
 
 
 
Interest expense – net
 
 
(118,000)
 
 
 
 
 
 
 
Earnings before income taxes
 
$
1,404,000
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Segment assets
 
$
54,422,000
 
$
40,377,000
 
$
14,045,000
 
Corporate assets
 
 
4,236,000
 
 
 
 
 
 
 
Total assets
 
$
58,658,000
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Long-lived assets, including $13,000 at corporate
 
$
17,384,000
 
$
12,887,000
 
$
4,484,000
 
 
Three months ended June 30, 2012
 
Consolidated
 
Tools
 
Hardware
 
 
 
 
 
 
 
 
 
 
 
 
Revenues from unaffiliated customers
 
$
15,241,000
 
$
9,673,000
 
$
5,568,000
 
 
 
 
 
 
 
 
 
 
 
 
Segment operating income
 
$
2,419,000
 
$
1,303,000
 
$
1,116,000
 
General corporate expense
 
 
(1,463,000)
 
 
 
 
 
 
 
Interest expense – net
 
 
(133,000)
 
 
 
 
 
 
 
Earnings before income taxes
 
$
823,000
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Segment assets
 
$
44,561,000
 
$
33,122,000
 
$
11,439,000
 
Corporate assets
 
 
2,679,000
 
 
 
 
 
 
 
Total assets
 
$
47,240,000
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Long-lived assets, including $41,000 at corporate
 
$
17,816,000
 
$
13,139,000
 
$
4,636,000
 
 
Six months ended June 30, 2013
 
Consolidated
 
Tools
 
Hardware
 
 
 
 
 
 
 
 
 
 
 
 
Revenues from unaffiliated customers
 
$
40,185,000
 
$
28,850,000
 
$
11,335,000
 
 
 
 
 
 
 
 
 
 
 
 
Segment operating income
 
$
5,492,000
 
$
3,454,000
 
$
2,038,000
 
General corporate expense
 
 
(2,868,000)
 
 
 
 
 
 
 
Interest expense – net
 
 
(227,000)
 
 
 
 
 
 
 
Earnings before income taxes
 
$
2,397,000
 
 
 
 
 
 
 
 
Six months ended June 30, 2012
 
Consolidated
 
Tools
 
Hardware
 
 
 
 
 
 
 
 
 
 
 
 
Revenues from unaffiliated customers
 
$
29,558,000
 
$
19,345,000
 
$
10,213,000
 
 
 
 
 
 
 
 
 
 
 
 
Segment operating income
 
$
4,842,000
 
$
3,032,000
 
$
1,810,000
 
General corporate expense
 
 
(3,015,000)
 
 
 
 
 
 
 
Interest expense – net
 
 
(275,000)
 
 
 
 
 
 
 
Earnings before income taxes
 
$
1,552,000