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Condensed Consolidated Statements of Income and Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Oct. 01, 2022
Sep. 30, 2023
Oct. 01, 2022
Total net sales $ 120,893 $ 139,390 $ 413,150 $ 446,618
Cost of products sold 96,165 100,521 311,788 306,087
Gross profit 24,728 38,869 101,362 140,531
Operating expenses:        
Selling 8,669 8,763 27,702 25,828
General and administrative 9,733 10,247 31,898 30,927
Total operating expenses 18,402 19,010 59,600 56,755
Operating income 6,326 19,859 41,762 83,776
Other income:        
Interest income 1,454 730 4,147 951
Interest expense (122) (88) (177) (205)
Other income, net 431 490 1,082 2,092
Total other income, net 1,763 1,132 5,052 2,838
Income before income taxes 8,089 20,991 46,814 86,614
Income taxes 658 2,602 8,848 17,236
Net income and comprehensive income $ 7,431 $ 18,389 $ 37,966 $ 69,378
Basic earnings per share (in Dollars per share) $ 0.42 $ 1.04 $ 2.14 $ 3.93
Diluted earnings per share (in Dollars per share) $ 0.42 $ 1.03 $ 2.13 $ 3.9
Weighted average number of common shares outstanding - Basic (in Shares) 17,722,682 17,668,435 17,705,280 17,643,473
Weighted average number of common shares outstanding - Diluted (in Shares) 17,889,089 17,825,797 17,828,710 17,770,120
Cash dividends per share (in Dollars per share) $ 0.36 $ 0.47 $ 6.1 $ 2.01
Net firearms sales        
Total net sales $ 120,368 $ 138,771 $ 411,114 $ 444,615
Net castings sales        
Total net sales $ 525 $ 619 $ 2,036 $ 2,003