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OPERATING SEGMENT INFORMATION (Tables)

6 Months Ended

Jul. 03, 2021

Segment Reporting [Abstract]

Schedule of Operating Segment Financial Information

Selected operating segment financial information follows:

	Three Months Ended		Six Months Ended
(in thousands)	July 3, 2021	June 27, 2020	July 3, 2021	June 27, 2020
Net Sales
Firearms	$199,447	$129,413	$383,049	$252,178
Castings
Unaffiliated	625	851	1,400	1,725
Intersegment	7,151	5,015	14,221	9,788
	7,776	5,866	15,621	11,513
Eliminations	(7,151)	(5,015)	(14,221)	(9,788)
	$200,072	$130,264	$384,449	$253,903
Income (Loss) Before Income Taxes
Firearms	$61,316	$24,722	$113,802	$45,200
Castings	(1,170)	(513)	(1,331)	(723)
Corporate	120	490	185	1,033
	$60,266	$24,699	$112,656	$45,510
			July 3, 2021	December 31, 2020
Identifiable Assets
Firearms			$191,116	$174,500
Castings			13,221	11,959
Corporate			194,539	161,799
			$398,876	$348,258

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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
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-Publisher FASB
-Name Accounting Standards Codification
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Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
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-Topic 280
-SubTopic 10
-Section 50
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- References

No definition available.

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