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OPERATING SEGMENT INFORMATION
 9 Months Ended
Oct. 01, 2016
Segment Reporting [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 
   October 1,
2016		   September 26,
2015		   October 1,
2016		   September 26,
2015		 
Net Sales                    
Firearms  $160,058   $119,281   $497,889   $394,084 
Castings                    
Unaffiliated   1,369    1,590    4,591    4,614 
Intersegment   9,114    7,635    27,564    23,926 
    10,483    9,225    32,155    28,540 
Eliminations   (9,114)   (7,635)   (27,564)   (23,926)
   $161,427   $120,871   $502,480   $398,698 
                     
Income (Loss) Before Income Taxes                    
Firearms  $29,785   $19,719   $103,834   $71,073 
Castings   144    (1,897)   (949)   (2,906)
Corporate   525    350    682    1,501 
   $30,454   $18,172   $103,567   $69,668 
                     

 

           October 1,
2016		   December 31,
2015		 
Identifiable Assets                    
Firearms            $233,686   $221,670 
Castings             15,259    15,289 
Corporate             111,907    78,924 
             $360,852   $315,883