v3.22.2.2
CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (UNAUDITED) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Oct. 01, 2022
Oct. 02, 2021
Oct. 01, 2022
Oct. 02, 2021
Total net sales $ 139,390 $ 178,246 $ 446,618 $ 562,694
Cost of products sold 100,521 113,444 306,087 346,569
Gross profit 38,869 64,802 140,531 216,125
Operating expenses:        
Selling 8,763 7,753 25,828 24,290
General and administrative 10,247 10,323 30,927 33,484
Total operating expenses 19,010 18,076 56,755 57,774
Operating income 19,859 46,726 83,776 158,351
Other income:        
Interest income 730 11 951 31
Interest expense (88) (114) (205) (164)
Other income, net 490 1,401 2,092 2,462
Total other income, net 1,132 1,298 2,838 2,329
Income before income taxes 20,991 48,024 86,614 160,680
Income taxes 2,602 12,822 17,236 42,902
Net income and comprehensive income $ 18,389 $ 35,202 $ 69,378 $ 117,778
Basic earnings per share $ 1.04 $ 2.00 $ 3.93 $ 6.70
Diluted earnings per share $ 1.03 $ 1.98 $ 3.90 $ 6.64
Weighted average number of common shares outstanding - Basic 17,668,435 17,596,588 17,643,473 17,582,009
Weighted average number of common shares outstanding - Diluted 17,825,797 17,778,177 17,770,120 17,749,897
Cash dividends per share $ 0.47 $ 1.00 $ 2.01 $ 2.57
Firearms        
Total net sales $ 138,771 $ 177,529 $ 444,615 $ 560,578
Castings        
Total net sales $ 619 $ 717 $ 2,003 $ 2,116