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OPERATING SEGMENT INFORMATION
 9 Months Ended
Sep. 29, 2012
OPERATING SEGMENT INFORMATION [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     Nine Months Ended  
    September 29,
2012		     October 1,
2011		     September 29,
2012		     October 1,
2011		  
Net Sales                                
Firearms   $ 116,270     $ 79,214     $ 345,203     $ 232,126  
Castings                                
Unaffiliated     1,882       1,298       4,854       3,449  
Intersegment     6,299       4,425       19,228       13,529  
      8,181       5,723       24,082       16,978  
Eliminations     (6,299 )     (4,425 )     (19,228 )     (13,529 )
    $ 118,152     $ 80,512     $ 350,057     $ 235,575  
                                 
Income (Loss) Before Income Taxes                                
Firearms   $ 26,452     $ 17,026     $ 80,068     $ 46,618  
Castings     (120 )     (512 )     (1,283 )     (959 )
Corporate     1,206       529       1,917       1,160  
    $ 27,538     $ 17,043     $ 80,702     $ 46,819  

 

                     

September 29,

2012

       December 31,
2011		  
Identifiable Assets                                
Firearms                   $ 124,484     $ 103,545  
Castings                     6,096       5,290  
Corporate                     117,205       97,675  
                    $ 247,785     $ 206,510