XML 27 R4.htm IDEA: XBRL DOCUMENT  v2.3.0.11
CONDENSED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data
3 Months Ended 6 Months Ended
Jul. 02, 2011
Jul. 03, 2010
Jul. 02, 2011
Jul. 03, 2010
Net firearms sales $ 78,471 $ 63,621 $ 152,912 $ 130,891
Net castings sales 1,151 768 2,151 1,775
Total net sales 79,622 64,389 155,063 132,666
Cost of products sold 51,157 42,649 102,604 87,794
Gross profit 28,465 21,740 52,459 44,872
Operating expenses:        
Selling 6,468 5,118 13,380 11,017
General and administrative 4,935 3,984 9,560 7,919
Other operating expenses, net       398
Total operating expenses 11,403 9,102 22,940 19,334
Operating income 17,062 12,638 29,519 25,538
Other income:        
Interest expense, net (13) (24) (33) (57)
Other income, net 114 174 290 301
Total other income, net 101 150 257 244
Income before income taxes 17,163 12,788 29,776 25,782
Income taxes 6,350 4,604 11,017 9,281
Net income $ 10,813 $ 8,184 $ 18,759 $ 16,501
Basic earnings per share (in dollars per share) $ 0.57 $ 0.43 $ 1.00 $ 0.86
Fully diluted earnings per share (in dollars per share) $ 0.56 $ 0.42 $ 0.99 $ 0.85
Cash dividends per share (in dollars per share) $ 0.097 $ 0.093 $ 0.147 $ 0.153