BUSINESS SEGMENTS (Tables)

12 Months Ended

Dec. 31, 2014

Schedule of Segment Reporting Information, by Segment [Table Text Block]

The following table presents financial information by segment for the years ended December 31, 2014 and 2013. Segment operating income excludes general corporate expenses, interest expense and income taxes. Identifiable assets are those assets directly owned or utilized by the particular business.

Year ended December 31, 2014	Consolidated		Tools		Hardware

Net revenues from unaffiliated customers	$	75,035,000	$	56,114,000	$	18,921,000
Segment operating income	$	10,313,000	$	6,715,000	$	3,598,000
General corporate expense		(5,996,000)
Interest expense		(540,000)
Income before income taxes	$	3,777,000
Segment assets	$	71,376,000	$	60,348,000	$	11,028,000
Corporate assets		1,700,000
Total assets	$	73,076,000
Long-lived assets, including $51,000 of corporate assets	$	35,009,000	$	30,326,000	$	4,632,000
Depreciation Expense, including $11,000 of corporate expense	$	1,551,000	$	1,336,000	$	204,000
Amortization Expense	$	718,000	$	661,000	$	57,000

Year ended December 31, 2013	Consolidated		Tools		Hardware

Net revenues from unaffiliated customers	$	76,066,000	$	55,574,000	$	20,492,000
Segment operating income	$	10,328,000	$	7,204,000	$	3,124,000
General corporate expense		(5,234,000)
Interest expense		(490,000)
Income before income taxes	$	4,604,000
Segment assets	$	49,893,000	$	38,984,000	$	10,909,000
Corporate assets		3,348,000
Total assets	$	53,241,000
Long-lived assets, including $22,000 of corporate assets	$	16,881,000	$	12,303,000	$	4,556,000
Depreciation Expense, including $14,000 of corporate expense	$	1,559,000	$	1,350,000	$	195,000
Amortization Expense	$	250,000	$	190,000	$	60,000

Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas [Table Text Block]

Revenue and long-lived assets by geographic region were as follows:

	Year ended December 31,
	2014		2013
Revenue:
North America	$	72,881,000	$	74,933,000
Europe		1,563,000		339,000
All other		591,000		794,000
Total Revenue	$	75,035,000	$	76,066,000
Long-Lived Assets:
North America	$	33,709,000	$	16,881,000
Europe		1,300,000		--
Total Long-Lived Assets	$	35,009,000	$	16,881,000

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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