Business segment information (Tables)

6 Months Ended

Jun. 30, 2025


	Three months ended				Six months ended
	June 30,				June 30,
	2024		2025		2024		2025

	(In thousands)
Net sales:
Security Products	$	28,213	$	30,683	$	58,100	$	60,913
Marine Components		7,674		9,683		15,758		19,725
Total	$	35,887	$	40,366	$	73,858	$	80,638

Cost of sales:
Security Products	$	19,261	$	21,129	$	40,376	$	42,361
Marine Components		5,461		6,347		12,650		13,224
Total	$	24,722	$	27,476	$	53,026	$	55,585

Gross Margin:
Security Products	$	8,952	$	9,554	$	17,724	$	18,552
Marine Components		2,213		3,336		3,108		6,501
Total	$	11,165	$	12,890	$	20,832	$	25,053

Segment selling, general and administrative expense:
Security Products	$	3,510	$	3,786	$	6,832	$	7,263
Marine Components		826		942		1,687		1,866
Total	$	4,336	$	4,728	$	8,519	$	9,129

Operating income:
Security Products	$	5,442	$	5,768	$	10,892	$	11,289
Marine Components		1,387		2,394		1,421		4,635
Segment operating income		6,829		8,162		12,313		15,924
Corporate operating expenses		(1,748)		(1,842)		(3,517)		(3,735)
Total operating income		5,081		6,320		8,796		12,189
Interest income		1,295		846		2,519		1,719
Income before income taxes	$	6,376	$	7,166	$	11,315	$	13,908

Depreciation and amortization:
Security Products	$	621	$	622	$	1,246	$	1,266
Marine Components		299		301		600		602
Total	$	920	$	923	$	1,846	$	1,868

COMPX INTERNATIONAL INC 10-Q