OPERATING SEGMENT INFORMATION

9 Months Ended

Sep. 27, 2014

OPERATING SEGMENT INFORMATION [Abstract]

OPERATING SEGMENT INFORMATION

NOTE 9 - OPERATING SEGMENT INFORMATION

The Company has two reportable segments:  firearms and investment castings.  The firearms segment manufactures and sells rifles, pistols, and revolvers principally to a select number of independent wholesale distributors primarily located in the United States.  The investment castings segment manufactures and sells steel investment castings. 

Selected operating segment financial information follows:

(in thousands)	Three Months Ended						Nine Months Ended
	September 27, 2014			September 28, 2013			September 27, 2014			September 28, 2013
Net Sales
Firearms	$	97,847		$	167,234		$	420,026		$	497,461
Castings
Unaffiliated		480			3,708			1,843			8,915
Intersegment		7,043			7,397			25,949			23,152
		7,523			11,105			27,792			32,067
Eliminations		(7,043	)		(7,397	)		(25,949	)		(23,152	)
	$	98,327		$	170,942		$	421,869		$	506,376
Income (Loss) Before Income Taxes
Firearms	$	8,795		$	46,084		$	81,018		$	135,407
Castings		1,299			(1,052	)		243			(1,998	)
Corporate		502			120			774			(28	)
	$	10,596		$	45,152		$	82,035		$	133,381
								September 27, 2014			December 31, 2013
Identifiable Assets
Firearms							$	214,214		$	201,660
Castings								14,195			11,402
Corporate								36,868			64,056
							$	265,277		$	277,118