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OPERATING SEGMENT INFORMATION
 6 Months Ended
Jul. 02, 2016
Segment Reporting [Abstract]  
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   Six Months Ended 
   July 2,
2016		   June 27,
2015		   July 2,
2016		   June 27,
2015		 
Net Sales                    
Firearms  $166,311   $139,224   $337,831   $274,804 
Castings                    
Unaffiliated   1,633    1,648    3,222    3,023 
Intersegment   9,501    8,747    18,450    16,291 
    11,134    10,395    21,672    19,314 
Eliminations   (9,501)   (8,747)   (18,450)   (16,291)
   $167,944   $140,872   $341,053   $277,827 
                     
Income (Loss) Before Income Taxes                    
Firearms  $37,375   $27,397   $74,049   $51,902 
Castings   (721)   (464)   (1,093)   (1,009)
Corporate   88    340    157    603 
   $36,742   $27,273   $73,113   $51,496 

 

            

July 2,

2016

   December 31,
2015		 
Identifiable Assets                    
Firearms            $215,643   $221,670 
Castings             14,526    15,289 
Corporate             113,538    78,924 
             $343,707   $315,883