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CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 28, 2019
Sep. 29, 2018
Sep. 28, 2019
Sep. 29, 2018
Segment Reporting Information [Line Items]        
Total net sales $ 94,999 $ 114,945 $ 305,367 $ 374,514
Cost of products sold 75,132 86,853 230,600 274,003
Gross profit 19,867 28,092 74,767 100,511
Operating expenses:        
Selling 7,465 8,922 22,861 27,045
General and administrative 6,827 7,213 22,412 23,545
Total operating expenses 14,292 16,135 45,273 50,590
Operating income 5,575 11,957 29,494 49,921
Other income:        
Interest Income 611 1,973
Interest expense (90) (92) (141) (141)
Other income, net 277 328 858 1,363
Total other income, net 798 236 2,690 1,222
Income before income taxes 6,373 12,193 32,184 51,143
Income taxes 1,556 2,987 8,101 12,484
Net income and comprehensive income $ 4,817 $ 9,206 $ 24,083 $ 38,659
Basic earnings per share $ 0.28 $ 0.53 $ 1.38 $ 2.22
Diluted earnings per share 0.27 0.52 1.37 2.19
Cash dividends per share $ 0.14 $ 0.34 $ 0.71 $ 0.89
Firearms [Member]        
Segment Reporting Information [Line Items]        
Total net sales $ 94,062 $ 113,798 $ 301,965 $ 370,697
Other income:        
Income before income taxes 5,778 12,866 31,117 52,363
Unaffiliated Castings [Member]        
Segment Reporting Information [Line Items]        
Total net sales 937 1,147 3,402 3,817
Other income:        
Income before income taxes $ (101) $ (635) $ (1,135) $ (1,578)