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OPERATING SEGMENT INFORMATION
 9 Months Ended
Sep. 28, 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     Nine Months Ended  
    September 28,
2013		     September 29,
2012		     September 28,
2013		     September 29,
2012		  
Net Sales                                
Firearms   $ 167,234     $ 116,270     $ 497,461     $ 345,203  
Castings                                
Unaffiliated     3,708       1,882       8,915       4,854  
Intersegment     7,397       6,299       23,152       19,228  
      11,105       8,181       32,067       24,082  
Eliminations     (7,397 )     (6,299 )     (23,152 )     (19,228 )
    $ 170,942     $ 118,152     $ 506,376     $ 350,057  
                                 
Income (Loss) Before Income Taxes                                
Firearms   $ 46,084     $ 26,452     $ 135,407     $ 80,068  
Castings     (1,052 )     (120 )     (1,998 )     (1,283 )
Corporate     120       1,206       (28 )     1,917  
    $ 45,152     $ 27,538     $ 133,381     $ 80,702  
                                 
                      September 28,
2013		       December 31,
2012		  
Identifiable Assets                                
Firearms                   $ 173,663     $ 120,879  
Castings                     12,539       6,467  
Corporate                     64,174       47,140  
                    $ 250,376     $ 174,486