Business Segments

6 Months Ended

Jun. 30, 2019

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 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 Products		Assets Held for Sale		Total
Quarter ended June 30, 2019
External net sales	$	19,148	$	52,597	$		$	71,745
Gross profit		2,055		12,621				14,676
Operating profit (loss)		(1,333)		9,970				8,637
Total assets		240,759		143,799		-		384,558
Depreciation and amortization		370		581				951
Capital expenditures		(101)		817				716

Quarter ended July 1, 2018
External net sales	$	17,978	$	61,249	$		$	79,227
Gross profit		2,248		17,197				19,445
Operating profit (loss)		(298)		12,696				12,398
Total assets		247,352		141,656		528		389,536
Depreciation and amortization		332		2,089				2,421
Capital expenditures		3,203		297				3,500



	(in thousands)
	Housewares / Small Appliances		Defense Products		Assets Held for Sale		Total
Six Months ended June 30, 2019
External net sales	$	38,857	$	96,738	$		$	135,595
Gross profit		4,239		22,929				27,168
Operating profit (loss)		(2,862)		17,547				14,685
Total assets		240,759		143,799		-		384,558
Depreciation and amortization		736		1,163				1,899
Capital expenditures		129		3,095				3,224

Six Months ended July 1, 2018
External net sales	$	34,035	$	122,018	$		$	156,053
Gross profit		4,147		35,575				39,722
Operating profit (loss)		(1,173)		26,952				25,779
Total assets		247,352		141,656		528		389,536
Depreciation and amortization		668		3,550				4,218
Capital expenditures		4,912		378				5,290