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OPERATING SEGMENT INFORMATION
3 Months Ended
Mar. 30, 2019
Segment Reporting [Abstract]  
OPERATING SEGMENT INFORMATION

NOTE 11 - 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 30, 2019   March 31, 2018 
Net Sales          
Firearms  $112,932   $129,883 
Castings          
Unaffiliated   1,106    1,276 
Intersegment   5,601    5,408 
    6,707    6,684 
Eliminations   (5,601)   (5,408)
   $114,038   $131,159 
           
Income (Loss) Before Income Taxes          
Firearms  $17,153   $19,130 
Castings   (477)   (488)
Corporate   724    259 
   $17,400   $18,901 
           
   March 30, 2019   December 31, 2018 
Identifiable Assets          
Firearms  $179,664   $166,975 
Castings   10,806    10,850 
Corporate   141,241    157,707 
   $331,711   $335,532