Quarterly report pursuant to Section 13 or 15(d)

SEGMENT INFORMATION

v2.4.1.9
SEGMENT INFORMATION
 3 Months Ended
Apr. 04, 2015
Segment Reporting [Abstract]  
Segment Information
SEGMENT INFORMATION
The operating results of Bristol Fab and Ram-Fab have been classified as discontinued operations and are not included in the operating results presented below. See Note 12, Discontinued Operations, for further information regarding the closure and sale of the related divisions. The following table summarizes certain information regarding segments of the Company's continuing operations:
 
Three Months Ended
 
Apr 4, 2015
 
Mar 29, 2014
Net sales
 
 
 
Metals Segment
$
35,461,000

 
$
33,361,000

Specialty Chemicals Segment
16,187,000

 
16,435,000

 
$
51,648,000

 
$
49,796,000

Segment net income
 
 
 
Metals Segment
$
3,116,000

 
$
3,041,000

Specialty Chemicals Segment
1,461,000

 
1,641,000

 
4,577,000

 
4,682,000

Unallocated expenses
 
 
 
Corporate
1,022,000

 
897,000

Acquisition related costs
440,000

 
(3,000
)
Interest expense
359,000

 
266,000

Change in fair value of interest rate swap
169,000

 
119,000

Palmer earn-out adjustment
(2,483,000
)
 
—

Income from continuing operations
 
 
 
   before income taxes
$
5,070,000

 
$
3,403,000