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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	$118,147	$78,471	$228,934	$152,912
Castings
Unaffiliated	1,422	1,151	2,972	2,151
Intersegment	6,547	4,718	12,929	9,104
	7,969	5,869	15,901	11,255
Eliminations	(6,547)	(4,718)	(12,929)	(9,104)
	$119,569	$79,622	$231,906	$155,063
Income (Loss) Before Income Taxes
Firearms	$28,722	$17,998	$53,616	$30,750
Castings	(720)	(150)	(1,163)	(447)
Corporate	592	(685)	712	(527)
	$28,594	$17,163	$53,165	$29,776
			June 30, 2012	December 31, 2011
Identifiable Assets
Firearms			$112,685	$103,545
Castings			5,692	5,290
Corporate			112,032	97,675
			$230,409	$206,510

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- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.



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