| OPERATING SEGMENT INFORMATION |
NOTE 11 - OPERATING SEGMENT INFORMATION The Company has two reportable segments: firearms and castings. The firearms segment manufactures and sells rifles, shotguns, pistols, and revolvers principally to a select number of independent wholesale distributors primarily located in the United States. The castings segment manufactures and sells steel investment castings and metal injection molding parts. Selected operating segment financial information follows: | (in thousands) | | Three Months Ended | | Six Months Ended | | | | June 27,
2026 | | June 28,
2025 | | June 27,
2026 | | June 28,
2025 | | Net Sales | | | | | | | | | | | | | | | | | | Firearms | | $ | 157,679 | | | $ | 131,567 | | | $ | 298,575 | | | $ | 266,762 | | | Castings | | | | | | | | | | | | | | | | | | Unaffiliated | | | 379 | | | | 924 | | | | 839 | | | | 1,467 | | | Intersegment | | | 6,530 | | | | 6,387 | | | | 11,393 | | | | 13,609 | | | | | | 6,909 | | | | 7,311 | | | | 12,232 | | | | 15,076 | | | Eliminations | | | (6,530 | ) | | | (6,387 | ) | | | (11,393 | ) | | | (13,609 | ) | | | | $ | 158,058 | | | $ | 132,491 | | | $ | 299,414 | | | $ | 268,229 | | | Costs of Goods Sold | | | | | | | | | | | | | | | | | | Firearms | | $ | 123,722 | | | $ | 125,727 | | | $ | 236,385 | | | $ | 230,981 | | | Castings | | | | | | | | | | | | | | | | | | Unaffiliated | | | 594 | | | | 1,618 | | | | 1,209 | | | | 2,207 | | | Intersegment | | | 6,530 | | | | 6,387 | | | | 11,393 | | | | 13,609 | | | | | | 7,124 | | | | 8,005 | | | | 12,602 | | | | 15,816 | | | Eliminations | | | (6,530 | ) | | | (6,387 | ) | | | (11,393 | ) | | | (13,609 | ) | | | | $ | 124,316 | | | $ | 127,345 | | | $ | 237,594 | | | $ | 233,188 | | | Gross Profit (Loss) | | | | | | | | | | Firearms | | $ | 33,957 | | | $ | 5,840 | | | $ | 62,190 | | | $ | 35,781 | | | Castings | | | (215 | ) | | | (694 | ) | | | (370 | ) | | | (740 | ) | | | | $ | 33,742 | | | $ | 5,146 | | | $ | 61,820 | | | $ | 35,041 | | | Operating Income (Loss) | | | | | | | | | | | | | | | | | | Firearms | | $ | 8,037 | | | $ | (19,838 | ) | | $ | 6,455 | | | $ | (11,183 | ) | | Castings | | | (408 | ) | | | (878 | ) | | | (775 | ) | | | (1,061 | ) | | | | $ | 7,629 | | | $ | (20,716 | ) | | $ | 5,680 | | | $ | (12,244 | ) | | Income (Loss) Before Income Taxes | | | | | | | | | | | | | | | | | | Firearms | | $ | 8,357 | | | $ | (19,690 | ) | | $ | 7,042 | | | $ | (10,932 | ) | | Castings | | | (408 | ) | | | (875 | ) | | | (775 | ) | | | (1,020 | ) | | Corporate | | | 951 | | | | 1,177 | | | | 2,559 | | | | 2,311 | | | | | $ | 8,900 | | | $ | (19,388 | ) | | $ | 8,826 | | | $ | (9,641 | ) | | Depreciation | | | | | | | | | | | | | | | | | | Firearms | | $ | 5,442 | | | $ | 4,987 | | | $ | 10,880 | | | $ | 9,975 | | | Castings | | | 724 | | | | 347 | | | | 1,076 | | | | 694 | | | | | $ | 6,166 | | | $ | 5,334 | | | $ | 11,956 | | | $ | 10,669 | | | Capital Expenditures | | | | | | | | | | | | | | | | | | Firearms | | $ | 3,140 | | | $ | 5,514 | | | $ | 7,920 | | | $ | 6,548 | | | Castings | | | 124 | | | | 108 | | | | 135 | | | | 198 | | | | | $ | 3,264 | | | $ | 5,622 | | | $ | 8,055 | | | $ | 6,746 | | | | | June 27,2026 | | December 31, 2025 | | Identifiable Assets | | | | | | | | | | Firearms | | $ | 211,602 | | | $ | 205,061 | | | Castings | | | 7,475 | | | | 7,659 | | | Corporate | | | 145,210 | | | | 129,277 | | | | | $ | 364,287 | | | $ | 341,997 | | | Goodwill | | | | | | | | | | Firearms | | $ | 3,445 | | | $ | 3,445 | | | Castings | | | 209 | | | | 209 | | | | | $ | 3,654 | | | $ | 3,654 | |
|