BUSINESS SEGMENTS (Tables)

6 Months Ended

Jun. 30, 2014

Segment Reporting [Abstract]

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

The Company evaluates segment performance based primarily on segment operating income. The accounting policies of each of the segments are the same as those referred to in Note 1.

As of and for the three months ended June 30, 2014	Consolidated		Tools		Hardware
Revenues from unaffiliated customers	$	18,268,000	$	12,693,000	$	5,575,000
Segment operating income	$	2,676,000	$	1,358,000	$	1,318,000
General corporate expense		(1,629,000)
Interest expense		(88,000)
Income before income taxes	$	959,000
Segment assets	$	48,547,000	$	35,702,000	$	12,845,000
Corporate assets		13,261,000
Total assets	$	61,808,000
Long-lived assets, including $33,000 at corporate	$	16,471,000	$	11,836,000	$	4,602,000

As of and for the 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		(1,421,000)
Interest expense		(139,000)
Income 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

Six months ended June 30, 2014	Consolidated		Tools		Hardware
Revenues from unaffiliated customers	$	34,200,000	$	23,884,000	$	10,316,000
Segment operating income	$	4,895,000	$	2,686,000	$	2,209,000
General corporate expense		(3,040,000)
Interest expense		(177,000)
Income before income taxes	$	1,678,000

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		(2,825,000)
Interest expense		(270,000)
Income before income taxes	$	2,397,000