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OPERATING SEGMENT INFORMATION
 6 Months Ended
Jun. 30, 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 Six Months Ended
 

June 30,

2012

July 2,

2011

June 30,

2012

July 2,

2011
Net Sales        
Firearms   $78,471 $ $152,912
Castings        
Unaffiliated   1,151   2,151
Intersegment   4,718   9,104
    5,869   11,255
Eliminations   (4,718) () (9,104)
    $79,622 $ $155,063
         
Income (Loss) Before Income Taxes        
Firearms   $17,998 $ $30,750
Castings   (150) () (447)
Corporate   (685)   (527)
    $17,163 $ $29,776
         
     

June 30,

2012

 December 31, 2011
Identifiable Assets        
Firearms       $103,545
Castings       5,290
Corporate       97,675
        $206,510