BUSINESS SEGMENTS (Tables)

12 Months Ended

Dec. 31, 2015

Segment Reporting [Abstract]

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

The following table presents financial information by segment for the years ended December 31, 2015 and 2014. 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, 2015	Consolidated		Tools		Hardware
Net revenues from unaffiliated customers	$	81,702,000	$	60,312,000	$	21,390,000
Segment operating income	$	11,270,000	$	7,376,000	$	3,894,000
General corporate expense		(5,311,000)
Other income		126,000
Interest expense		(715,000)
Income before income taxes	$	5,370,000
Segment assets	$	68,952,000	$	58,694,000	$	10,258,000
Corporate assets		1,626,000
Total assets	$	70,578,000
Long-lived assets, including $49,000 of corporate assets	$	33,377,000	$	28,832,000	$	4,496,000
Depreciation and amortization expense, including $16,000 of corporate expense	$	1,720,000	$	1,455,000	$	249,000
Amortization of other intangible assets expense	$	1,295,000	$	1,237,000	$	58,000

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	$	71,394,000	$	60,366,000	$	11,028,000
Corporate assets		1,700,000
Total assets	$	73,094,000
Long-lived assets, including $51,000 of corporate assets	$	35,009,000	$	30,326,000	$	4,632,000
Depreciation and amortization expense, including $11,000 of corporate expense	$	1,551,000	$	1,336,000	$	204,000
Amortization of other intangible assets expense	$	718,000	$	661,000	$	57,000

Revenue from External Customers by Geographic Areas [Table Text Block]

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

	Year ended December 31,
	2015		2014
Revenue:
North America	$	77,834,000	$	72,881,000
Europe		2,989,000		1,563,000
All other		879,000		591,000
Total Revenue	$	81,702,000	$	75,035,000
Long-Lived Assets:
North America	$	32,320,000	$	33,782,000
Europe		1,057,000		1,227,000
Total Long-Lived Assets	$	33,377,000	$	35,009,000