Business segment information (Tables)

3 Months Ended

Mar. 31, 2025


	Three months ended
	March 31,
	2024		2025

	(In thousands)
Net sales:
Security Products	$	29,887	$	30,230
Marine Components		8,084		10,042
Total	$	37,971	$	40,272

Cost of sales:
Security Products	$	21,115	$	21,232
Marine Components		7,189		6,877
Total	$	28,304	$	28,109

Gross Margin:
Security Products	$	8,772	$	8,998
Marine Components		895		3,165
Total	$	9,667	$	12,163

Segment selling, general and administrative expense:
Security Products	$	3,322	$	3,477
Marine Components		861		924
Total	$	4,183	$	4,401

Operating income:
Security Products	$	5,450	$	5,521
Marine Components		34		2,241
Segment operating income		5,484		7,762
Corporate operating expenses		(1,769)		(1,893)
Operating income		3,715		5,869
Interest income		1,224		873
Income before income taxes	$	4,939	$	6,742

Depreciation and amortization:
Security Products	$	625	$	644
Marine Components		301		301
Total	$	926	$	945

COMPX INTERNATIONAL INC 10-Q