BUSINESS SEGMENTS (Tables)

9 Months Ended

Sep. 30, 2013

Segment Reporting [Abstract]

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

Three months ended September 30, 2013	Consolidated		Tools		Hardware
Revenues from unaffiliated customers	$	20,483,000	$	14,776,000	$	5,707,000
Segment operating income	$	2,903,000	$	1,938,000	$	965,000
General corporate expense		(1,528,000)
Interest expense – net		(94,000)
Earnings before income taxes	$	1,281,000
Segment assets	$	53,647,000	$	42,080,000	$	11,567,000
Corporate assets		3,878,000
Total assets	$	57,525,000
Long-lived assets, including $11,000 at corporate	$	17,064,000	$	12,604,000	$	4,449,000

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		(1,310,000)
Interest expense – net		(126,000)
Earnings before income taxes	$	1,265,000
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

Nine months ended September 30, 2013	Consolidated		Tools		Hardware
Revenues from unaffiliated customers	$	60,668,000	$	43,625,000	$	17,043,000
Segment operating income	$	8,395,000	$	5,392,000	$	3,003,000
General corporate expense		(4,396,000)
Interest expense – net		(321,000)
Earnings before income taxes	$	3,678,000

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		(4,325,000)
Interest expense – net		(401,000)
Earnings before income taxes	$	2,817,000