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Related Party Transactions
12 Months Ended
Dec. 31, 2017
Related Party Transactions [Abstract]  
Related Party Transactions

16.       Related Party Transactions

 

From time to time, the Company contracts with the National Rifle Association (“NRA”) for some of its promotional and advertising activities. The Company paid the NRA $0.8 million, $8.4 million and $1.6 million in 2017, 2016 and 2015, respectively, which primarily related to the 2016 “Ruger $5 Million Match Campaign” and the 2015-16 “2.5 Million Gun Challenge”. One of the Company’s Directors also serves as a Director on the Board of the NRA.

 

The Company has contracted with Symbolic, Inc. (“Symbolic”) to assist in its marketing efforts. During the years ended December 31, 2017, 2016, and 2015, the Company paid Symbolic $1.4 million, $1.9 million, and $2.0 million, respectively, which amounts included $0.9 million, $0.9 million, and $1.1 million, respectively, for the reimbursement of expenses paid by Symbolic on the Company’s behalf. Symbolic’s principal and founder was named the Company’s Vice President of Marketing in June 2017, and remains a partner of Symbolic.