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OPERATING SEGMENT INFORMATION
3 Months Ended
Mar. 31, 2018
Segment Reporting [Abstract]  
OPERATING SEGMENT INFORMATION

NOTE 10 - 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 
   March 31, 2018   April 1, 2017 
Net Sales          
Firearms  $129,883   $166,365 
Castings          
Unaffiliated   1,276    990 
Intersegment   5,408    8,840 
    6,684    9,830 
Eliminations   (5,408)   (8,840)
   $131,159   $167,355 
           
Income (Loss) Before Income Taxes          
Firearms  $19,130   $34,031 
Castings   (488)   101
Corporate   259   59 
   $18,901   $34,191 
           
   March 31, 2018   December 31, 2017 
Identifiable Assets          
Firearms  $187,943   $206,091 
Castings   11,354    12,524 
Corporate   103,978    65,703 
   $303,275   $284,318