BUSINESS SEGMENTS (Tables)

6 Months Ended

Jun. 30, 2015

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment [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, 2015	Consolidated		Tools		Hardware
Revenues from unaffiliated customers	$	22,560,000	$	16,058,000	$	6,502,000
Segment operating income	$	3,426,000	$	2,031,000	$	1,395,000
General corporate expense		(1,459,000)
Other income		201,000
Interest expense		(201,000)
Earnings before income taxes	$	1,967,000
Segment assets	$	73,904,000	$	61,859,000	$	12,045,000
Corporate assets		1,663,000
Total assets	$	75,567,000
Long-lived assets, including $46,000 at corporate	$	33,941,000	$	29,363,000	$	4,532,000

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	$	48,573,000	$	35,728,000	$	12,845,000
Corporate assets		13,261,000
Total assets	$	61,834,000
Long-lived assets, including $33,000 at corporate	$	16,471,000	$	11,836,000	$	4,602,000

Six months ended June 30, 2015	Consolidated		Tools		Hardware
Revenues from unaffiliated customers	$	42,386,000	$	30,617,000	$	11,769,000
Segment operating income	$	6,291,000	$	3,939,000	$	2,352,000
General corporate expense		(2,901,000)
Other income		201,000
Interest expense		(393,000)
Income before income taxes	$	3,198,000

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

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:

	Three months ended				Six months ended
	June 30,				June 30,
	2015		2014		2015		2014
Revenue:
North America	$	21,242,000	$	18,023,000	$	39,971,000	$	33,723,000
Europe		1,000,000		109,000		1,886,000		153,000
All Other		318,000		136,000		529,000		324,000
Total Revenue	$	22,560,000	$	18,268,000	$	42,386,000	$	34,200,000
Long-Lived Assets:
North America					$	32,766,000	$	16,471,000
Europe						1,175,000		—
Total Long-Lived Assets					$	33,941,000	$	16,471,000