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CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jul. 03, 2021
Jun. 27, 2020
Jul. 03, 2021
Jun. 27, 2020
Segment Reporting Information [Line Items]        
Total net sales $ 200,072 $ 130,264 $ 384,449 $ 253,903
Cost of products sold 121,315 90,179 233,126 177,809
Gross profit 78,757 40,085 151,323 76,094
Operating expenses:        
Selling 8,449 7,286 16,537 14,923
General and administrative 10,639 8,773 23,161 16,982
Total operating expenses 19,088 16,059 39,698 31,905
Operating income 59,669 24,026 111,625 44,189
Other income:        
Interest income 12 394 20 960
Interest expense (25) (27) (50) (52)
Other income, net 610 306 1,061 413
Total other income, net 597 673 1,031 1,321
Income before income taxes 60,266 24,699 112,656 45,510
Income taxes 15,882 6,105 30,080 11,578
Net income and comprehensive income $ 44,384 $ 18,594 $ 82,576 $ 33,932
Basic earnings per share $ 2.52 $ 1.06 $ 4.70 $ 1.94
Diluted earnings per share $ 2.50 $ 1.05 $ 4.66 $ 1.91
Weighted average number of common shares outstanding - Basic 17,590,305 17,489,642 17,574,798 17,475,819
Weighted average number of common shares outstanding - Diluted 17,766,868 17,763,277 17,735,910 17,735,474
Cash dividends per share $ 0.86 $ 0.35 $ 1.57 $ 0.53
Firearms [Member]        
Segment Reporting Information [Line Items]        
Total net sales $ 199,447 $ 129,413 $ 383,049 $ 252,178
Other income:        
Income before income taxes 61,316 24,722 113,802 45,200
Unaffiliated Castings [Member]        
Segment Reporting Information [Line Items]        
Total net sales 625 851 1,400 1,725
Other income:        
Income before income taxes $ (1,170) $ (513) $ (1,331) $ (723)