OPERATING SEGMENT INFORMATION

9 Months Ended

Oct. 01, 2011

NOTE 10 - OPERATING SEGMENT INFORMATION

The Company has two reportable segments: firearms and investment castings. The firearms segment manufactures and sells rifles, pistols, revolvers, and shotguns 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
	October 1, 2011	October 2, 2010	October 1, 2011	October 2, 2010
Net Sales
Firearms	$79,214	$57,505	$232,126	$188,396
Castings
Unaffiliated	1,298	896	3,449	2,671
Intersegment	4,425	3,762	13,529	10,877
	5,723	4,658	16,978	13,548
Eliminations	(4,425)	(3,762)	(13,529)	(10,877)
	$80,512	$58,401	$235,575	$191,067

Income (Loss) Before Income Taxes
Firearms	$17,026	$9,725	$46,618	$ 35,637
Castings	(512)	(728)	(959)	(1,079)
Corporate	529	442	1,160	662
	$17,043	$9,439	$46,819	$35,220

			October 1, 2011	December 31, 2010
Identifiable Assets
Firearms			$87,852	$ 82,179
Castings			5,327	4,683
Corporate			92,496	70,899
			$185,675	$157,761

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

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+ Details