XML 15 R4.htm IDEA: XBRL DOCUMENT v3.24.3
Condensed Consolidated Statements of Income and Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 28, 2024
Sep. 30, 2023
Sep. 28, 2024
Sep. 30, 2023
Total net sales $ 122,287 $ 120,893 $ 389,868 $ 413,150
Cost of products sold 99,615 96,165 308,639 311,788
Gross profit 22,672 24,728 81,229 101,362
Operating expenses:        
Selling 8,998 8,669 28,188 27,702
General and administrative 9,932 9,733 32,796 31,898
Total operating expenses 18,930 18,402 60,984 59,600
Operating income 3,742 6,326 20,245 41,762
Other income:        
Interest income 1,155 1,454 3,839 4,147
Interest expense (24) (122) (66) (177)
Other income, net 392 431 749 1,082
Total other income, net 1,523 1,763 4,522 5,052
Income before income taxes 5,265 8,089 24,767 46,814
Income taxes 527 658 4,681 8,848
Net income and comprehensive income $ 4,738 $ 7,431 $ 20,086 $ 37,966
Basic earnings per share (in Dollars per share) $ 0.28 $ 0.42 $ 1.17 $ 2.14
Diluted earnings per share (in Dollars per share) $ 0.28 $ 0.42 $ 1.15 $ 2.13
Weighted average number of common shares outstanding - Basic (in Shares) 16,847,866 17,722,682 17,207,632 17,705,280
Weighted average number of common shares outstanding - Diluted (in Shares) 17,137,065 17,889,089 17,455,265 17,828,710
Cash dividends per share (in Dollars per share) $ 0.19 $ 0.36 $ 0.58 $ 6.1
Net firearms sales        
Total net sales $ 121,512 $ 120,368 $ 387,349 $ 411,114
Net castings sales        
Total net sales $ 775 $ 525 $ 2,519 $ 2,036