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OPERATING SEGMENT INFORMATION (Tables)

6 Months Ended

Jul. 02, 2022

Segment Reporting [Abstract]

Schedule of operating segment financial information

Selected operating segment financial information follows:

	Three Months Ended		Six Months Ended
(in thousands)	July 2, 2022	July 3, 2021	July 2, 2022	July 3, 2021
Net Sales
Firearms	$139,911	$199,447	$305,844	$383,049
Castings
Unaffiliated	742	625	1,384	1,400
Intersegment	4,515	7,151	9,328	14,221
	5,257	7,776	10,712	15,621
Eliminations	(4,515)	(7,151)	(9,328)	(14,221)
	$140,653	$200,072	$307,228	$384,449
Income (Loss) Before Income Taxes
Firearms	$27,096	$61,316	$66,791	$113,802
Castings	(1,342)	(1,170)	(1,725)	(1,331)
Corporate	350	120	557	185
	$26,104	$60,266	$65,623	$112,656
Depreciation
Firearms	$5,805	$6,466	$11,615	$13,184
Castings	584	712	1,162	1,423
	$6,389	$7,178	$12,777	$14,607
Capital Expenditures
Firearms	$3,383	$5,270	$13,647	$8,947
Castings	109	678	683	2,517
	$3,492	$5,948	$14,330	$11,464
			July 2, 2022	December 31, 2021
Identifiable Assets
Firearms			$196,624	$188,290
Castings			13,228	13,889
Corporate			233,880	240,164
			$443,732	$442,343
Goodwill
Firearms			$3,055	$3,055
Castings			209	209
			$3,264	$3,264

X

- 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 https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8813-108599

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599

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- References

No definition available.

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