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OPERATING SEGMENT INFORMATION
3 Months Ended
Mar. 28, 2015
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 castings segment manufactures and sells steel investment castings and metal injection molding parts. 

 

Selected operating segment financial information follows:

 

(in thousands)

 

Three Months Ended

 

March 28, 2015

 

March 29, 2014

Net Sales

   

Firearms

  $ 135,579   $ 169,162

Castings

   

Unaffiliated

  1,375   722

Intersegment

  7,544   9,454
  8,919   10,176

Eliminations

  (7,544 )   (9,454 )
  $ 136,954   $ 169,884
   

Income (Loss) Before Income Taxes

   

Firearms

  $ 25,129   $ 38,703

Castings

  (1,471 )   (541 )

Corporate

  565   136
  $ 24,223   $ 38,298
   
 

March 28, 2015

 

December 31, 2014

Identifiable Assets

   

Firearms

  $ 209,706   $ 211,338

Castings

  16,246   16,772

Corporate

  41,691   26,272
  $ 267,643   $ 254,382