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BUSINESS SEGMENTS (Tables)
3 Months Ended
Mar. 31, 2014
Segment Reporting [Abstract]  
Schedule of Revenue by Major Customers by Reporting Segments [Table Text Block]
Three months ended March 31, 2014
 
Consolidated
 
Tools
 
Hardware
 
 
 
 
 
 
 
 
 
 
 
 
Revenue
 
$
15,932,000
 
$
11,191,000
 
$
4,741,000
 
 
 
 
 
 
 
 
 
 
 
 
Segment operating income
 
$
2,219,000
 
$
1,328,000
 
$
891,000
 
General corporate expense
 
 
(1,411,000)
 
 
 
 
 
 
 
Interest expense
 
 
(89,000)
 
 
 
 
 
 
 
Earnings before income taxes
 
$
719,000
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Segment assets
 
$
50,659,000
 
$
37,385,000
 
$
13,274,000
 
Corporate assets
 
 
3,153,000
 
 
 
 
 
 
 
Total assets
 
$
53,812,000
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Long-lived assets, including $20,000 at corporate
 
$
16,631,000
 
$
12,032,000
 
$
4,579,000
 
 
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
 
 
(1,404,000)
 
 
 
 
 
 
 
Interest expense
 
 
(131,000)
 
 
 
 
 
 
 
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