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OPERATING SEGMENT INFORMATION
3 Months Ended
Mar. 31, 2012
Segment Reporting [Abstract]  
OPERATING SEGMENT INFORMATION

NOTE 10 - OPERATING SEGMENT INFORMATION

 

The Company has two reportable segments:  firearms and investment castings. The firearms segment manufactures and sells rifles, pistols, and revolvers principally to a select number of independent wholesale distributors primarily located in the United States. The investment castings segment manufactures and sells steel investment castings.

 

Selected operating segment financial information follows:

 

(in thousands)

Three Months Ended

 

March 31, 2012

April 2, 2011

Net Sales

 

 

Firearms

$110,787

$74,441

Castings

 

 

Unaffiliated

1,550

1,000

Intersegment

6,383

4,386

 

7,933

5,386

Eliminations

(6,383)

(4,386)

 

$112,337

$75,441

 

 

 

Income (Loss) Before Income Taxes

 

 

Firearms

$24,894

$12,753

Castings

(442)

(297)

Corporate

119

158

 

$24,571

$12,614

 

 

 

 

March 31, 2012

December 31, 2011

Identifiable Assets

 

 

Firearms

108,597

$103,545

Castings

4,940

5,290

Corporate

107,856

97,675

 

221,393

$206,510