Note E - Business Segments

6 Months Ended

Jul. 03, 2022

Notes to Financial Statements

Segment Reporting Disclosure [Text Block]

NOTE E – BUSINESS SEGMENTS 

In the following summary, operating profit represents earnings before other income and income taxes.  The Company's segments operate discretely from each other with no shared owned or leased manufacturing facilities.  Costs associated with corporate activities (such as cash and marketable securities management) and the assets associated with such activities are included within the Housewares/Small Appliances segment for all periods presented. 

	(in thousands)
	Housewares / Small Appliances			Defense		Safety			Total
Quarter ended July 3, 2022
External net sales	$	24,841		$	52,126	$	171		$	77,138
Gross profit (loss)		4,038			11,228		(228	)		15,038
Operating profit (loss)		607			8,594		(1,342	)		7,859
Total assets		202,841			181,390		9,751			393,982
Depreciation and amortization		259			378		69			706
Capital expenditures		18			106		6			130
Quarter ended July 4, 2021
External net sales	$	23,200		$	63,799	$	119		$	87,118
Gross profit (loss)		1,300			16,607		(232	)		17,675
Operating profit (loss)		(1,593	)		14,111		(1,188	)		11,330
Total assets		208,250			175,369		22,916			406,535
Depreciation and amortization		302			374		58			734
Capital expenditures		210			611		11			832

	(in thousands)
	Housewares / Small Appliances			Defense		Safety			Total
Six Months Ended July 3, 2022
External net sales	$	45,147		$	92,481	$	264		$	137,892
Gross profit (loss)		5,233			20,095		(579	)		24,749
Operating profit (loss)		(932	)		14,632		(2,754	)		10,946
Total assets		202,841			181,390		9,751			393,982
Depreciation and amortization		521			767		130			1,418
Capital expenditures		95			198		9			302
Six Months Ended July 4, 2021
External net sales	$	49,705		$	118,254		186		$	168,145
Gross profit (loss)		6,091			30,511		(566	)		36,036
Operating profit (loss)		(632	)		25,356		(2,451	)		22,273
Total assets		208,250			175,369		22,916			406,535
Depreciation and amortization		593			755		117			1,465
Capital expenditures		340			1,510		106			1,956