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Operating Segment Information (Tables)

12 Months Ended

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

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
-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

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X

- References

No definition available.

+ Details

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