XML 17 R5.htm IDEA: XBRL DOCUMENT v3.24.0.1
Consolidated Statements of Income and Comprehensive Income - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Total net sales $ 543,767 $ 595,842 $ 730,736
Cost of products sold 410,148 415,757 451,179
Gross profit 133,619 180,085 279,557
Operating Expenses (Incomes):      
Selling 38,788 36,114 33,259
General and administrative 42,752 40,551 43,289
Other operating income, net (5) (36) (127)
Total operating expenses 81,535 76,629 76,421
Operating income 52,084 103,456 203,136
Other income:      
Royalty income 658 837 1,975
Interest income 5,465 2,552 49
Interest expense (205) (256) (164)
Other income, net 822 1,690 1,598
Total other income, net 6,740 4,823 3,458
Income before income taxes 58,824 108,279 206,594
Income taxes 10,609 19,947 50,695
Net income and comprehensive income $ 48,215 $ 88,332 $ 155,899
Basic Earnings Per Share (in Dollars per share) $ 2.73 $ 5 $ 8.87
Diluted Earnings Per Share (in Dollars per share) $ 2.71 $ 4.96 $ 8.78
Weighted average number of common shares outstanding – Basic (in Shares) 17,676,955 17,648,850 17,585,604
Weighted average number of common shares outstanding – Diluted (in Shares) 17,811,218 17,793,348 17,757,834
Cash Dividends Per Share (in Dollars per share) $ 6.27 $ 2.42 $ 3.36
Net firearms sales      
Total net sales $ 540,746 $ 593,289 $ 728,141
Net castings sales      
Total net sales $ 3,021 $ 2,553 $ 2,595