XML 15 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 29, 2013
Jun. 30, 2012
Jun. 29, 2013
Jun. 30, 2012
Segment Reporting Information [Line Items]        
Net Sales $ 179,528 $ 119,569 $ 335,434 $ 231,906
Cost of products sold 108,804 74,435 203,401 144,979
Gross profit 70,724 45,134 132,033 86,927
Operating expenses:        
Selling 11,823 9,107 27,588 20,107
General and administrative 8,317 7,526 16,760 13,904
Other operating expenses (income), net (168) 189 (238) 190
Total operating expenses 19,972 16,822 44,110 34,201
Operating income 50,752 28,312 87,923 52,726
Other income:        
Interest expense, net (39) (21) (55) (44)
Other income, net 166 303 361 483
Total other income, net 127 282 306 439
Income before income taxes 50,879 28,594 88,229 53,165
Income taxes 18,571 10,580 32,203 19,671
Net income and comprehensive income 32,308 18,014 56,026 33,494
Basic earnings per share $ 1.67 $ 0.94 $ 2.90 $ 1.75
Fully diluted earnings per share $ 1.63 $ 0.91 $ 2.83 $ 1.71
Cash dividends per share $ 0.490 $ 0.324 $ 0.894 $ 0.536
Net firearms sales [Member]
       
Segment Reporting Information [Line Items]        
Net Sales 176,787 118,147 330,227 228,934
Other income:        
Income before income taxes 52,019 28,722 89,323 53,616
Net castings sales [Member]
       
Segment Reporting Information [Line Items]        
Net Sales $ 2,741 $ 1,422 $ 5,207 $ 2,972