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OPERATING SEGMENT INFORMATION
9 Months Ended
Sep. 26, 2015
OPERATING SEGMENT INFORMATION [Abstract]  
OPERATING SEGMENT INFORMATION

NOTE 9 - OPERATING SEGMENT INFORMATION

 

The Company has two reportable segments: firearms and 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     Nine Months Ended  
    September 26,
2015
    September 27,
2014
    September 26,
2015
    September 27,

2014
 
Net Sales                                
Firearms   $ 119,281     $ 97,847     $ 394,084     $ 420,026  
Castings                                
Unaffiliated     1,590       480       4,614       1,843  
Intersegment     7,635       7,043       23,926       25,949  
      9,225       7,523       28,540       27,792  
Eliminations     (7,635 )     (7,043 )     (23,926 )     (25,949 )
    $ 120,871     $ 98,327     $ 398,698     $ 421,869  
                                 
Income (Loss) Before Income Taxes                                
Firearms   $ 19,719     $ 8,795     $ 71,073     $ 81,018  
Castings     (1,897 )     1,299       (2,906 )     243  
Corporate     350       502       1,501       774  
    $ 18,172     $ 10,596     $ 69,668     $ 82,035  

 

                    September 26,
2015
    December 31,
2014
 
Identifiable Assets                                
Firearms                   $ 206,493     $ 211,338  
Castings                     16,074       16,772  
Corporate                     70,554       26,272  
                    $ 293,121     $ 254,382