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OPERATING SEGMENT INFORMATION
3 Months Ended
Apr. 01, 2017
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 
   April 1, 2017   April 2, 2016 
Net Sales          
Firearms  $166,365   $171,520 
Castings          
Unaffiliated   990    1,589 
Intersegment   8,840    8,949 
    9,830    10,538 
Eliminations   (8,840)   (8,949)
   $167,355   $173,109 
           
Income (Loss) Before Income Taxes          
Firearms  $34,031   $36,371 
Castings   101    (68)
Corporate   59    69 
   $34,191   $36,372 

 

   April 1, 2017   December 31, 2016 
Identifiable Assets          
Firearms  $253,531   $242,758 
Castings   15,118    16,096 
Corporate   35,482    88,025 
   $304,131   $346,879