Segment Information (Tables)

6 Months Ended

Jun. 29, 2014

Segment Information

Schedule of reconciliation of net income (loss) to Adjusted EBITDA

	Three Months Ended						Six Months Ended
Statement of Operations Data:	June 29, 2014			June 30, 2013			June 29, 2014			June 30, 2013
	(As Revised)			(As Revised)			(As Revised)			(As Revised)
Net income (loss)	$	(12,589	)	$	4,387		$	(20,535	)	$	9,516
Income tax (benefit) expense	19			78			(67		)	759
Depreciation and amortization (i)	2,369			1,206			4,649			2,368
Interest expense, net	7,859			6,069			15,543			12,063
Sciens fees and expenses (ii)	250			108			500			216
Transaction costs (iii)	—			416			—			416
Restructuring costs (iv)	(76		)	—			(76		)	—
M240 Program contract obligation expense (v)	4,779			—			5,090			—
Business development costs (vi)	9			169			509			244
Severance costs (vii)	382			—			527			—
Other (income)/expense, net (viii)	(42		)	(199		)	(113		)	(590		)
Adjusted EBITDA	$	2,960		$	12,234		$	6,027		$	24,992

(i) Includes depreciation and amortization of intangible assets.

(ii) Includes fees and expenses pursuant to the Company’s agreements with Sciens Management and Sciens Institutional.

(iii) Non-recurring costs associated with the July 12, 2013 acquisition of New Colt.

(iv) Includes costs related to the Merger, including severance, continuation of benefits, and other. See Note 4 “Restructuring Costs.”

(v) Expenses related to Company’s M240 Program. See Note 16 “Commitments and Contingencies.”

(vi) Includes transaction costs incurred in connection with contemplated acquisition activities.

(vii) Includes non-recurring severance costs.

(viii) Includes income and/or expenses such as foreign currency exchange gains or losses and other less significant charges not related to on-going operations.

Schedule of net sales by product category

	Three Months Ended				Six Months Ended
	June 29, 2014		June 30, 2013		June 29, 2014		June 30, 2013
			(As Revised)				(As Revised)
Long guns	$	15,870	$	53,599	$	40,307	$	105,870
Handguns	18,570		1,260		33,890		2,521
Spares and other	15,193		9,353		25,516		19,670
Total	$	49,633	$	64,212	$	99,713	$	128,061

Schedule of net sales for specific geographic regions

	Three Months Ended				Six Months Ended
	June 29, 2014		June 30, 2013		June 29, 2014		June 30, 2013
			(As Revised)				(As Revised)
United States	$	31,725	$	38,985	$	73,220	$	74,693
Canada	3,960		4,202		8,317		14,953
Latin America/Caribbean	1,185		43		2,970		1,044
Middle East/Africa	1,609		532		3,333		570
Europe	5,309		3,272		5,733		4,603
Asia/Pacific	5,845		17,178		6,140		32,198
	$	49,633	$	64,212	$	99,713	$	128,061

Schedule of long-lived assets, which are net fixed assets attributed to specific geographic regions:

	June 29, 2014		December 31, 2013
United States	$	24,307	$	25,745
Canada	4,744		4,988
	$	29,051	$	30,733