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Segment Information (Tables)
 3 Months Ended
Jul. 31, 2015
Segment Reporting [Abstract]  
Schedule of Results by Business Segment

Results by business segment are presented in the following table for the three months ended July 31, 2015 (in thousands):

 

 

 

For the Three Months Ended July 31, 2015 (a)

 

 

 

Firearms (b)

 

 

Accessories (b)

 

 

Total

 

Net sales

 

$

 

134,431

 

 

$

 

13,332

 

 

$

 

147,763

 

Cost of sales

 

 

 

82,378

 

 

 

 

6,515

 

 

 

 

88,893

 

Gross margin

 

 

 

52,053

 

 

 

 

6,817

 

 

 

 

58,870

 

Operating income

 

 

 

28,917

 

 

 

 

900

 

(c)

 

 

29,817

 

Income tax expense

 

 

 

7,988

 

 

 

 

211

 

 

 

 

8,199

 

_________________

(a) We operated under one segment in the three month period ended July 31, 2014; thus, no comparative segment information is presented.

(b) We allocate all of corporate overhead expenses, such as general and administrative expenses and other corporate-level expenses, to both our firearm and accessories segments.

(c) Amount is net of $2.0 million of amortization of intangible assets identified as a result of the BTI Acquisition.