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Operating Segment Information
 12 Months Ended
Dec. 31, 2011
Segment Reporting [Abstract]  
Operating Segment Information
14. Operating Segment Information
 
The Company has two reportable operating segments: firearms and investment castings. The firearms segment manufactures and sells rifles, pistols, revolvers, and shotguns principally to a select number of licensed independent wholesale distributors primarily located in the United States. The investment castings segment manufactures and sells steel investment castings.
 
Corporate segment income relates to interest income on short-term investments, the sale of non-operating assets, and other non-operating activities. Corporate segment assets consist of cash and short-term investments and other non-operating assets.
 
The Company evaluates performance and allocates resources, in part, based on profit and loss before taxes. The accounting policies of the reportable segments are the same as those described in the summary of significant accounting policies (see Note 1). Intersegment sales are recorded at the Company’s cost plus a fixed profit percentage.
 
Year ended December 31,
  
2011
    
2010
    
2009
  
Net Sales
Firearms
 $ 324,200 $ 251,680 $ 266,566
Castings
Unaffiliated
 4,616 3,526 4,419
Intersegment
     18,122       14,677       16,159  
22,738 18,203 20,578
Eliminations
     (18,122 )     (14,677 )     (16,159 )
    $ 328,816     $ 255,206     $ 270,985  
Income (Loss) Before Income Taxes
Firearms
 $ 66,484 $ 48,160 $ 46,339
Castings
 (2,254 ) (1,637 ) (443 )
Corporate
     (714 )     (2,374 )     (1,536 )
    $ 63,516     $ 44,149     $ 44,360  
Identifiable Assets
Firearms
 $ 103,545 $ 82,179 $ 66,011
Castings
 5,290 4,683 4,643
Corporate
     97,675       70,899       71,025  
    $ 206,510     $ 157,761     $ 141,679  
Depreciation
Firearms
 $ 11,373 $ 8,502 $ 6,561
Castings
     775       705       739  
    $ 12,148     $ 9,207     $ 7,300  
Capital Expenditures
Firearms
 $ 20,719     $ 18,904 $ 13,045
Castings
     1,416       505       774  
    $ 22,135     $ 19,409     $ 13,819  
 
In 2011, the Company’s largest customers and the percent of total sales they represented were as follows: Jerry’s/Ellett Brothers-15%; Davidson’s-14%; Sports South-12%; and Lipsey’s-12%.
 
In 2010, the Company’s largest customers and the percent of total sales they represented were as follows: Jerry’s/Ellett Brothers-16%; Davidson’s-12%; Lipsey’s-11% and Sports South-11%.
 
In 2009, the Company’s largest customers and the percent of total sales they represented were as follows: Jerry’s/Ellett Brothers-16%; Davidson’s-11%; Lipsey’s-11%; Sports South-11% and Big Rock-10%.
 
The Company’s assets are located entirely in the United States and domestic sales represent greater than 95% of total sales in 2011, 2010, and 2009.