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Operating Segment Information (Tables) | 12 Months Ended
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Dec. 31, 2024
Operating Segment Information [Abstract] |
Schedule of Operating Segment Financial Information | The Company’s CODM periodically reviews cost of goods sold by segment and treats it as a significant segment expense.
Year ended December 31, |  | 2024 |  |  | 2023 |  |  | 2022 |
Net Sales |  |  |  |  |  |  |  |  |  |  |  |
Firearms |  | $ | 532,608 |  |  | $ | 540,746 |  |  | $ | 593,289 |
Castings |  |  |  |  |  |  |  |  |  |  |  |
Unaffiliated |  |  | 3,035 |  |  |  | 3,021 |  |  |  | 2,553 |
Intersegment |  |  | 31,528 |  |  |  | 33,086 |  |  |  | 21,306 |
|  |  | 34,563 |  |  |  | 36,107 |  |  |  | 23,859 |
Eliminations |  |  | (31,528 | ) |  |  | (33,086 | ) |  |  | (21,306 | )
|  | $ | 535,643 |  |  | $ | 543,767 |  |  | $ | 595,842 |
Costs of Goods Sold |  |  |  |  |  |  |  |  |  |  |  |
Firearms |  | $ | 417,222 |  |  | $ | 407,068 |  |  | $ | 410,507 |
Castings |  |  |  |  |  |  |  |  |  |  |  |
Unaffiliated |  |  | 4,006 |  |  |  | 3,080 |  |  |  | 5,250 |
Intersegment |  |  | 31,528 |  |  |  | 33,086 |  |  |  | 21,306 |
|  |  | 35,534 |  |  |  | 36,166 |  |  |  | 26,556 |
Eliminations |  |  | (31,528 | ) |  |  | (33,086 | ) |  |  | (21,306 | )
|  | $ | 421,228 |  |  | $ | 410,148 |  |  | $ | 415,757 |
Gross Profit (Loss) |  |  |  |  |  |  |  |  |  |  |  |
Firearms |  | $ | 115,386 |  |  | $ | 133,678 |  |  | $ | 182,782 |
Castings |  |  | (971 | ) |  |  | (59 | ) |  |  | (2,697 | )
|  | $ | 114,415 |  |  | $ | 133,619 |  |  | $ | 180,085 |
Operating Income (Loss) |  |  |  |  |  |  |  |  |  |  |  |
Firearms |  | $ | 33,273 |  |  | $ | 52,887 |  |  | $ | 106,803 |
Castings |  |  | (1,619 | ) |  |  | (803 | ) |  |  | (3,347 | )
|  | $ | 31,654 |  |  | $ | 52,084 |  |  | $ | 103,456 |
Income (Loss) Before Income Taxes |  |  |  |  |  |  |  |  |  |  |  |
Firearms |  | $ | 34,051 |  |  | $ | 53,723 |  |  | $ | 108,609 |
Castings |  |  | (1,616 | ) |  |  | (799 | ) |  |  | (3,338 | )
Corporate |  |  | 5,340 |  |  |  | 5,900 |  |  |  | 3,008 |
|  | $ | 37,775 |  |  | $ | 58,824 |  |  | $ | 108,279 |
Year ended December 31, |  | 2024 |  |  | 2023 |  |  | 2022 |
Identifiable Assets |  |  |  |  |  |  |  |  |  |  |  |
Firearms |  | $ | 230,024 |  |  | $ | 228,699 |  |  | $ | 223,301 |
Castings |  |  | 9,303 |  |  |  | 11,144 |  |  |  | 11,910 |
Corporate |  |  | 144,707 |  |  |  | 158,974 |  |  |  | 249,552 |
|  | $ | 384,034 |  |  | $ | 398,817 |  |  | $ | 484,763 |
Goodwill |  |  |  |  |  |  |  |  |  |  |  |
Firearms |  | $ | 3,055 |  |  | $ | 3,055 |  |  | $ | 3,055 |
Castings |  |  | 209 |  |  |  | 209 |  |  |  | 209 |
|  | $ | 3,264 |  |  | $ | 3,264 |  |  | $ | 3,264 |
Depreciation |  |  |  |  |  |  |  |  |  |  |  |
Firearms |  | $ | 19,952 |  |  | $ | 19,301 |  |  | $ | 21,992 |
Castings |  |  | 1,154 |  |  |  | 1,814 |  |  |  | 2,452 |
|  | $ | 21,106 |  |  | $ | 21,115 |  |  | $ | 24,444 |
Capital Expenditures |  |  |  |  |  |  |  |  |  |  |  |
Firearms |  | $ | 20,488 |  |  | $ | 15,395 |  |  | $ | 26,598 |
Castings |  |  | 333 |  |  |  | 401 |  |  |  | 1,175 |
|  | $ | 20,821 |  |  | $ | 15,796 |  |  | $ | 27,773 |

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- 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 -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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