XML 38 R15.htm IDEA: XBRL DOCUMENT v2.4.0.6
OPERATING SEGMENT INFORMATION
3 Months Ended
Mar. 30, 2013
OPERATING SEGMENT INFORMATION [Abstract]  
OPERATING SEGMENT INFORMATION

NOTE 9 - 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 30,
2013
    March 31,
2012
 
Net Sales                
Firearms   $ 153,440     $ 110,787  
Castings                
Unaffiliated     2,465       1,550  
Intersegment     7,726       6,383  
      10,191       7,933  
Eliminations     (7,726 )     (6,383 )
    $ 155,905     $ 112,337  
                 
Income (Loss) Before Income Taxes                
Firearms   $ 37,305     $ 24,894  
Castings     95       (442 )
Corporate     (49 )     119  
    $ 37,351     $ 24,571  

 

    March 30,
2013
    December 31,
2012
 
Identifiable Assets                
Firearms   $ 144,528     $ 120,879  
Castings     6,950       6,467  
Corporate     59,997       47,140  
    $ 211,475     $ 174,486