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Document and Entity Information
Consolidated Balance Sheets
Consolidated Balance Sheets (Parenthetical)
Consolidated Statements of Income and Comprehensive Income
Consolidated Statements of Stockholders' Equity
Consolidated Statements of Stockholders' Equity (Parentheticals)
Consolidated Statements of Cash Flows
Summary of Significant Accounting Policies
Trade Receivables, Net
Inventories
Property, Plant and Equipment
Other Assets
Trade Accounts Payable and Accrued Expenses
Line of Credit
Employee Benefit Plans
Other Operating (Income) Expenses, net
Income Taxes
Earnings Per Share
Stock Repurchases
Compensation Plan
Operating Segment Information
Quarterly Results of Operations (Unaudited)
Contingent Liabilities
Financial Instruments
Subsequent Events
Schedule II-Valuation and Qualifying Accounts
Summary of Significant Accounting Policies (Policies)
Trade Receivables, Net (Tables)
Inventories (Tables)
Property, Plant and Equipment (Tables)
Other Assets (Tables)
Trade Accounts Payable and Accrued Expenses (Tables)
Employee Benefit Plans (Tables)
Other Operating (Income) Expenses, net (Tables)
Income Taxes (Tables)
Earnings Per Share (Tables)
Stock Repurchases (Tables)
Compensation Plan (Tables)
Operating Segment Information (Tables)
Quarterly Results of Operations (Unaudited) (Tables)
Contingent Liabilities (Tables)
Summary of Significant Accounting Policies (Details)
Trade Receivables, Net (Details)
Inventories (Details)
Property, Plant and Equipment (Details)
Other Assets (Schedule of Other Assets) (Details)
Other Assets (Narrative) (Details)
Trade Accounts Payable and Accrued Expenses (Details)
Line of Credit (Details)
Employee Benefit Plans (Narrative) (Details)
Employee Benefit Plans (Reconciliation of Change in Benefit Obligation) (Details)
Employee Benefit Plans (Schedule of Changes in Plan Assets) (Details)
Employee Benefit Plans (Schedule of Funded Status) (Details)
Employee Benefit Plans (Schedule of Weighted Average Assumptions) (Details)
Employee Benefit Plans (Schedule of Components of Net Periodic Pension Cost) (Details)
Employee Benefit Plans (Schedule of Amounts Recognized on the Balance Sheet) (Details)
Employee Benefit Plans (Schedule of Weighted Average Assumptions Used to Determine Net Periodic Benefit Cost) (Details)
Employee Benefit Plans (Schedule of Pension Plans with an Accumulated Benefit Obligation in Excess of Plan Asset) (Details)
Employee Benefit Plans (Schedule of Pension Weighted Average Asset Allocations) (Details)
Employee Benefit Plans (Schedule of Defined Benefit Plans' Assets at Fair Value) (Details)
Other Operating (Income) Expenses, net (Details)
Income Taxes (Schedule of Federal and State Income Tax Provision) (Details)
Income Taxes (Schedule of Effective Income Tax Rate Reconciliation) (Details)
Income Taxes (Schedule of Deferred Tax Assets and Liabilities) (Details)
Income Taxes (Narrative) (Details)
Earnings Per Share (Details)
Stock Repurchases (Schedule of Repurchase of Common Stock) (Details)
Stock Repurchases (Narrative) (Details)
Compensation Plan (Details)
Compensation Plan (Schedule of Assumptions Used to Estimate Fair Value) (Details)
Compensation Plan (Schedule of Stock Option Activity) (Details)
Compensation Plan (Deferred Stock) (Details)
Compensation Plan (Restricted Stock Units) (Details)
Operating Segment Information (Schedule of Operating Segment Financial Information) (Details)
Operating Segment Information (Narrative) (Details)
Quarterly Results of Operations (Unaudited) (Details)
Contingent Liabilities (Narrative) (Details)
Contingent Liabilities (Reconciliation of Product Liability Reserve) (Details)
Contingent Liabilities (Schedule of Product Liability Expense) (Details)
Subsequent Events (Details)
Schedule II-Valuation and Qualifying Accounts (Details)

Document and Entity Information (USD $)	12 Months Ended
Document and Entity Information (USD $)	Dec. 31, 2014	Feb. 16, 2015	Jun. 30, 2014
Document and Entity Information [Abstract]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Dec. 31, 2014
Entity Registrant Name	STURM RUGER & CO INC
Entity Central Index Key	0000095029
Trading Symbol	RGR
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2014
Document Fiscal Period Focus	FY
Entity Filer Category	Large Accelerated Filer
Entity Voluntary Filers	No
Entity Well-Known Seasoned Issuer	Yes
Entity Current Reporting Status	Yes
Entity Common Stock, Shares Outstanding		18,737,000dei_EntityCommonStockSharesOutstanding
Entity Public Float			$ 1,145,793,000dei_EntityPublicFloat

Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Current Assets
Cash and cash equivalents	$ 8,901	$ 55,064
Trade receivables, net	49,735us-gaap_AccountsReceivableNetCurrent	67,384us-gaap_AccountsReceivableNetCurrent
Gross inventories	89,017us-gaap_InventoryGross	64,199us-gaap_InventoryGross
Less LIFO reserve	(40,578)us-gaap_InventoryLIFOReserve	(38,516)us-gaap_InventoryLIFOReserve
Less excess and obsolescence reserve	(3,750)us-gaap_InventoryValuationReserves	(2,422)us-gaap_InventoryValuationReserves
Net inventories	44,689us-gaap_InventoryNet	23,261us-gaap_InventoryNet
Deferred income taxes	7,246	7,637
Prepaid expenses and other current assets	7,603	4,280
Total Current Assets	118,174us-gaap_AssetsCurrent	157,626us-gaap_AssetsCurrent
Property, Plant, and Equipment	288,236us-gaap_PropertyPlantAndEquipmentGross	250,127us-gaap_PropertyPlantAndEquipmentGross
Less allowances for depreciation	(177,575)	(149,099)
Net property, plant and equipment	110,661us-gaap_PropertyPlantAndEquipmentNet	101,028us-gaap_PropertyPlantAndEquipmentNet
Other assets	25,547us-gaap_OtherAssetsNoncurrent	18,464us-gaap_OtherAssetsNoncurrent
Total Assets	254,382us-gaap_Assets	277,118us-gaap_Assets
Current Liabilities
Trade accounts payable and accrued expenses	36,150	46,991
Product liability	641rgr_ProductLiabilityCurrent	971rgr_ProductLiabilityCurrent
Employee compensation and benefits	18,302	34,626
Workers' compensation	5,133	5,339
Income taxes payable	156us-gaap_AccruedIncomeTaxesCurrent	239us-gaap_AccruedIncomeTaxesCurrent
Total Current Liabilities	60,382us-gaap_LiabilitiesCurrent	88,166us-gaap_LiabilitiesCurrent
Product liability	204rgr_ProductLiabilityAccrualNoncurrent	265rgr_ProductLiabilityAccrualNoncurrent
Deferred income taxes	8,334us-gaap_DeferredIncomeTaxLiabilities	9,601us-gaap_DeferredIncomeTaxLiabilities
Contingent liabilities (Note 16)
Stockholders' Equity
Additional paid-in capital	25,472	20,614
Retained earnings	198,159	192,088
Less: Treasury stock - at cost 2014 - 5,054,747 shares - 2013 - 4,299,434 shares	(61,886)us-gaap_TreasuryStockValue	(37,884)us-gaap_TreasuryStockValue
Accumulated other comprehensive loss		(19,379)
Total Stockholders' Equity	185,462us-gaap_StockholdersEquity	179,086us-gaap_StockholdersEquity
Total Liabilities and Stockholders' Equity	254,382	277,118
Nonvoting Common Stock [Member]
Stockholders' Equity
Common Stock
Voting Common Stock [Member]
Stockholders' Equity
Common Stock	$ 23,717	$ 23,647

Consolidated Balance Sheets (Parenthetical) (USD $)	Dec. 31, 2014	Dec. 31, 2013
Treasury stock, shares	5,054,747us-gaap_TreasuryStockShares	4,299,434us-gaap_TreasuryStockShares
Nonvoting Common Stock [Member]
Common Stock, par value per share	1	1
Common Stock, shares authorized	50,000	50,000
Common Stock, shares issued
Voting Common Stock [Member]
Common Stock, par value per share	1	1
Common Stock, shares authorized	40,000,000	40,000,000
Common Stock, shares issued	23,717,321	23,647,350
Common Stock, shares outstanding	18,737,074	19,347,916

Consolidated Statements of Income and Comprehensive Income (USD $) In Thousands, except Per Share data, unless otherwise specified	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Segment Reporting Information [Line Items]
Total net sales	$ 544,474us-gaap_SalesRevenueGoodsNet	$ 688,276us-gaap_SalesRevenueGoodsNet	$ 491,824us-gaap_SalesRevenueGoodsNet
Cost of products sold	375,300us-gaap_CostOfGoodsSold	429,671us-gaap_CostOfGoodsSold	312,871us-gaap_CostOfGoodsSold
Gross profit	169,174us-gaap_GrossProfit	258,605us-gaap_GrossProfit	178,953us-gaap_GrossProfit
Operating Expenses:
Selling	44,550us-gaap_SellingExpense	48,706us-gaap_SellingExpense	38,363us-gaap_SellingExpense
General and administrative	28,899us-gaap_GeneralAndAdministrativeExpense	35,394us-gaap_GeneralAndAdministrativeExpense	29,231us-gaap_GeneralAndAdministrativeExpense
Defined benefit pension plans settlement charge	40,999us-gaap_PensionExpense
Other operating (expenses), net	(1,612)us-gaap_OtherOperatingIncomeExpenseNet	(401)us-gaap_OtherOperatingIncomeExpenseNet	293us-gaap_OtherOperatingIncomeExpenseNet
Total operating expenses	112,836us-gaap_OperatingExpenses	83,699us-gaap_OperatingExpenses	67,887us-gaap_OperatingExpenses
Operating income	56,338us-gaap_OperatingIncomeLoss	174,906us-gaap_OperatingIncomeLoss	111,066us-gaap_OperatingIncomeLoss
Other income:
Royalty income	468us-gaap_RoyaltyRevenue	658us-gaap_RoyaltyRevenue	824us-gaap_RoyaltyRevenue
Interest income	2us-gaap_InvestmentIncomeInterest	4us-gaap_InvestmentIncomeInterest	34us-gaap_InvestmentIncomeInterest
Interest expense	(152)us-gaap_InterestExpense	(135)us-gaap_InterestExpense	(95)us-gaap_InterestExpense
Other income (expense), net	584us-gaap_OtherNonoperatingIncomeExpense	(201)us-gaap_OtherNonoperatingIncomeExpense	280us-gaap_OtherNonoperatingIncomeExpense
Total other income, net	902us-gaap_NonoperatingIncomeExpense	326us-gaap_NonoperatingIncomeExpense	1,043us-gaap_NonoperatingIncomeExpense
Income before income taxes	57,240	175,232	112,109
Income taxes	18,612us-gaap_IncomeTaxExpenseBenefit	63,960us-gaap_IncomeTaxExpenseBenefit	41,480us-gaap_IncomeTaxExpenseBenefit
Net income	38,628us-gaap_NetIncomeLoss	111,272us-gaap_NetIncomeLoss	70,629us-gaap_NetIncomeLoss
Other comprehensive income (loss), net of tax:
Defined benefit pension plans		10,240	(2,077)
Comprehensive income	38,628us-gaap_ComprehensiveIncomeNetOfTax	121,512us-gaap_ComprehensiveIncomeNetOfTax	68,552us-gaap_ComprehensiveIncomeNetOfTax
Basic Earnings Per Share	$ 1.99us-gaap_EarningsPerShareBasic	$ 5.76us-gaap_EarningsPerShareBasic	$ 3.69us-gaap_EarningsPerShareBasic
Fully Diluted Earnings Per Share	$ 1.95us-gaap_EarningsPerShareDiluted	$ 5.58us-gaap_EarningsPerShareDiluted	$ 3.60us-gaap_EarningsPerShareDiluted
Cash Dividends Per Share	$ 1.62	$ 2.12	$ 5.80
Firearms [Member]
Segment Reporting Information [Line Items]
Total net sales	542,267	678,552	484,933
Other income:
Income before income taxes	57,525	177,736	113,660
Net castings sales [Member]
Segment Reporting Information [Line Items]
Total net sales	$ 2,207	$ 9,724	$ 6,891

Consolidated Statements of Stockholders' Equity (USD $) In Thousands	Total	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Treasury Stock [Member]	Accumulated Other Comprehensive Loss [Member]
Balance at Dec. 31, 2011	$ 137,391us-gaap_StockholdersEquity	$ 23,383	$ 10,454	$ 168,981	$ (37,884)	$ (27,543)
Net income	70,629us-gaap_NetIncomeLoss			70,629
Pension liability, net of deferred taxes	(2,077)					(2,077)
Dividends paid	(111,523)us-gaap_DividendsCommonStock			(111,523)
Stock-based compensation	4,718		4,718
Exercise of stock options and vesting of RSU's	(2,935)		(2,935)
Tax benefit realized from exercise of stock options and vesting of RSU's	3,474		3,474
Common stock issued - compensation plans		180	(180)
Unpaid dividends accrued	(4,645)us-gaap_DividendsPaidinkind			(4,645)
Balance at Dec. 31, 2012	95,032us-gaap_StockholdersEquity	23,563	15,531	123,442	(37,884)	(29,620)
Net income	111,272us-gaap_NetIncomeLoss			111,272
Pension liability, net of deferred taxes	10,241					10,241
Dividends paid	(41,079)us-gaap_DividendsCommonStock			(41,079)
Stock-based compensation	5,288		5,288
Exercise of stock options and vesting of RSU's	(2,423)		(2,423)
Tax benefit realized from exercise of stock options and vesting of RSU's	2,302		2,302
Common stock issued - compensation plans		84	(84)
Unpaid dividends accrued	(1,547)us-gaap_DividendsPaidinkind			(1,547)
Balance at Dec. 31, 2013	179,086us-gaap_StockholdersEquity	23,647	20,614	192,088	(37,884)	(19,379)
Net income	38,628us-gaap_NetIncomeLoss			38,628
Pension liability, net of deferred taxes	19,379					19,379
Dividends paid	(31,446)us-gaap_DividendsCommonStock			(31,446)
Stock-based compensation	5,647		5,647
Exercise of stock options and vesting of RSU's	(2,340)		(2,340)
Tax benefit realized from exercise of stock options and vesting of RSU's	1,621		1,621
Common stock issued - compensation plans		70	(70)
Unpaid dividends accrued	(1,111)us-gaap_DividendsPaidinkind			(1,111)
Repurchase shares of common stock	(24,002)				(24,002)
Balance at Dec. 31, 2014	$ 185,462us-gaap_StockholdersEquity	$ 23,717	$ 25,472	$ 198,159	$ (61,886)

Consolidated Statements of Stockholders' Equity (Parentheticals) (USD $) In Thousands, except Share data, unless otherwise specified	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Consolidated Statements of Stockholders' Equity [Abstract]
Deferred tax on pension liability	$ 11,157	$ 6,256	$ 1,219
Repurchase of common stock, shares	680,813

Consolidated Statements of Cash Flows (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Operating Activities
Net income	$ 38,628us-gaap_NetIncomeLoss	$ 111,272us-gaap_NetIncomeLoss	$ 70,629us-gaap_NetIncomeLoss
Adjustments to reconcile net income to cash provided by operating activities:
Pension plan settlement charge	32,218
Depreciation and amortization	36,706	20,362	14,888
Stock-based compensation	5,647us-gaap_ShareBasedCompensation	5,288us-gaap_ShareBasedCompensation	4,718us-gaap_ShareBasedCompensation
Excess and obsolescence inventory reserve	1,347us-gaap_InventoryWriteDown	693us-gaap_InventoryWriteDown	761us-gaap_InventoryWriteDown
Loss (gain) on sale of assets	(1)	1	(944)
Deferred income taxes	(12,015)us-gaap_DeferredOtherTaxExpenseBenefit	5,736us-gaap_DeferredOtherTaxExpenseBenefit	(1,480)us-gaap_DeferredOtherTaxExpenseBenefit
Impairment of assets	178	911	1,134
Changes in operating assets and liabilities:
Trade receivables	17,649	(24,366)	(793)
Inventories	(22,775)us-gaap_IncreaseDecreaseInInventories	(7,945)us-gaap_IncreaseDecreaseInInventories	(6,553)us-gaap_IncreaseDecreaseInInventories
Trade accounts payable and accrued expenses	(11,047)	9,231	9,908
Employee compensation and benefits	(17,435)	17,897	(4,345)
Product liability	(391)rgr_IncreaseDecreaseInProductLiability	179rgr_IncreaseDecreaseInProductLiability	(689)rgr_IncreaseDecreaseInProductLiability
Prepaid expenses, other assets and other liabilities	(13,075)	(19,340)	(321)
Income taxes payable	(83)	(250)	272
Cash provided by operating activities	55,551	119,669	87,185
Investing Activities
Property, plant, and equipment additions	(45,571)	(54,616)	(27,282)
Purchases of short-term investments			(59,966)
Proceeds from sales or maturities of short-term investments			59,966
Net proceeds from sale of assets	24	233	1,003
Cash used for investing activities	(45,547)	(54,383)	(26,279)
Financing Activities
Dividends paid	(31,446)us-gaap_PaymentsOfDividendsCommonStock	(41,079)us-gaap_PaymentsOfDividendsCommonStock	(111,523)us-gaap_PaymentsOfDividendsCommonStock
Tax benefit from exercise of stock options	1,621	2,302	3,474
Repurchase of common stock	(24,002)
Payment of employee withholding tax related to share-based compensation	(2,363)	(2,423)	(3,083)
Proceeds from exercise of stock options	23		148
Cash used for financing activities	(56,167)	(41,200)	(110,984)
Increase (decrease) in cash and cash equivalents	(46,163)	24,086	(50,078)
Cash and cash equivalents at beginning of year	55,064	30,978	81,056
Cash and cash equivalents at end of year	$ 8,901	$ 55,064	$ 30,978

Summary of Significant Accounting Policies

12 Months Ended

Dec. 31, 2014

Summary of Significant Accounting Policies [Abstract]

Summary of Significant Accounting Policies

1.	Summary of Significant Accounting Policies

Organization

Sturm, Ruger & Company, Inc. (the “Company”) is principally engaged in the design, manufacture, and sale of firearms to domestic customers. Virtually all of the Company's total sales for the year ended December 31, 2014 were from the firearms segment and export sales represented approximately 4% of firearms sales. The Company's design and manufacturing operations are located in the United States and almost all product content is domestic. The Company's firearms are sold through a select number of independent wholesale distributors principally to the commercial sporting market.

The Company manufactures investment castings made from steel alloys and metal injection molding ("MIM") parts for internal use in its firearms and utilizes available capacity to manufacture and sell investment castings and MIM parts to unaffiliated, third-party customers. Castings were less than 1% of the Company's total sales for the year ended December 31, 2014.

Preparation of Financial Statements

The Company follows United States generally accepted accounting principles (“GAAP”). The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from these estimates.

The significant accounting policies described below, together with the notes that follow, are an integral part of the Financial Statements.

Principles of Consolidation

The consolidated financial statements include the accounts of the Company and its wholly owned subsidiary. All significant intercompany accounts and transactions have been eliminated.

Revenue Recognition

Substantially all product sales are sold FOB (free on board) shipping point. Revenue is recognized when product is shipped and the customer takes ownership and assumes the risk of loss. Accruals are made for sales discounts and incentives based on the Company's experience. The Company accounts for cash sales discounts as a reduction in sales and sales incentives as a charge to selling expense. Amounts billed to customers for shipping and handling fees are included in net sales and costs incurred by the Company for the delivery of goods are classified as selling expenses. Federal excise taxes are excluded from net sales.

Cash and Cash Equivalents

The Company considers interest-bearing deposits with financial institutions with remaining maturities of three months or less at the time of acquisition to be cash equivalents.

Accounts Receivable

The Company establishes an allowance for doubtful accounts based on the credit worthiness of its customers and historical experience. While the Company uses the best information available to make its evaluation, future adjustments to the allowance for doubtful accounts may be necessary if there are significant changes in economic and industry conditions or any other factors considered in the Company's evaluation. Bad debt expense has been immaterial during each of the last three years.

Inventories

Substantially all of the Company's inventories are valued at the lower of cost, principally determined by the last-in, first-out (LIFO) method, or market. Elements of cost in inventories include raw materials, direct labor and manufacturing overhead.

Property, Plant, and Equipment

Property, plant, and equipment are carried at cost. Depreciation is computed over useful lives using the straight-line and declining balance methods predominately over 15 years for buildings, 7 years for machinery and equipment and 3 years for tools and dies. When assets are retired, sold or otherwise disposed of, their gross carrying values and related accumulated depreciation are removed from the accounts and a gain or loss on such disposals is recognized when appropriate.

Maintenance and repairs are charged to operations; replacements and improvements are capitalized.

Long-lived Assets

The Company evaluates the carrying value of long-lived assets to be held and used when events or changes in circumstances indicate the carrying value may not be recoverable. In performing this review, the carrying value of the assets is compared to the projected undiscounted cash flows to be generated from the assets. If the sum of the undiscounted expected future cash flows is less than the carrying value of the assets, the assets are considered to be impaired. Impairment losses are measured as the amount by which the carrying value of the assets exceeds their fair value. The Company bases fair value of the assets on quoted market prices if available or, if not available, quoted market prices of similar assets. Where quoted market prices are not available, the Company estimates fair value using the estimated future cash flows generated by the assets discounted at a rate commensurate with the risks associated with the recovery of the assets.

Income Taxes

Income taxes are accounted for using the asset and liability method. Under this method, deferred income taxes are recognized for the tax consequences of “temporary differences” by applying enacted statutory rates applicable to future years to temporary differences between the financial statement carrying amounts and the tax basis of the Company's assets and liabilities.

Product Liability

The Company provides for product liability claims including estimated legal costs to be incurred defending such claims. The provision for product liability claims is charged to cost of products sold.

Advertising Costs

The Company expenses advertising costs as incurred. Advertising expenses for 2014, 2013, and 2012, were $3.6 million, $3.2 million, and $3.4 million, respectively.

Shipping Costs

Costs incurred related to the shipment of products are included in selling expense. Such costs totaled $7.1 million, $6.8 million, and $5.6 million in 2014, 2013, and 2012, respectively.

Research and Development

In 2014, 2013, and 2012, the Company spent approximately $10.0 million, $6.2 million, and $5.9 million, respectively, on research and development activities relating to new products and the improvement of existing products. These costs are expensed as incurred.

Earnings per Share

Basic earnings per share is based upon the weighted-average number of shares of common stock outstanding during the year. Diluted earnings per share reflect the impact of options, restricted stock units, and deferred stock outstanding using the treasury stock method.

- Definition

The entire disclosure for all significant accounting policies of the reporting entity.

+ References+ Details

Trade Receivables, Net

12 Months Ended

Dec. 31, 2014

Trade Receivables, Net [Abstract]

Trade Receivables, Net

2.	Trade Receivables, Net

Trade receivables consist of the following:

December 31,	2014			2013

Trade receivables	$	51,138		$	69,028
Allowance for doubtful accounts		(400	)		(300	)
Allowance for discounts		(1,003	)		(1,344	)
	$	49,735		$	67,384

In 2014, the largest individual trade receivable balances accounted for 28%, 15%, 11%, and 10% of total trade receivables, respectively.

In 2013, the largest individual trade receivable balances accounted for 17%, 17%, and 15% of total trade receivables, respectively.

- Definition

The entire disclosure for claims held for amounts due a entity, excluding financing receivables. Examples include, but are not limited to, trade accounts receivables, notes receivables, loans receivables. Includes disclosure for allowance for credit losses.

+ References+ Details

Inventories

12 Months Ended

Dec. 31, 2014

Inventories [Abstract]

Inventories

Inventories

Inventories consist of the following:

December 31,	2014			2013

Finished goods	$	20,083		$	6,552
Materials and products in process		65,184			55,225
		85,267			61,777
Adjustment of inventories to a LIFO basis		(40,578	)		(38,516	)
	$	44,689		$	23,261

- Definition

The entire disclosure for inventory. This may include, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the major classes of inventory, and the nature of the cost elements included in inventory. If inventory is stated above cost, accrued net losses on firm purchase commitments for inventory and losses resulting from valuing inventory at the lower-of-cost-or-market may also be included. For LIFO inventory, may disclose the amount and basis for determining the excess of replacement or current cost over stated LIFO value and the effects of a LIFO quantities liquidation that impacts net income.

+ References+ Details

Property, Plant and Equipment

12 Months Ended

Dec. 31, 2014

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment

4.	Property, Plant and Equipment

Property, plant and equipment consist of the following:

December 31,	2014		2013

Land and improvements	$	1,926	$	1,819
Buildings and improvements		42,432		39,034
Machinery and equipment		201,562		172,987
Dies and tools		42,316		36,287
	$	288,236	$	250,127

In 2013, the Company revised its estimate of the useful life of machinery and equipment from 10 to 7 years. This change, which became effective December 31, 2013, resulted in increased depreciation expense of $7.1 million and $0.7 million for 2014 and 2013, respectively. The Company estimates that this change will increase depreciation expense for the machinery and equipment that was on hand at December 31, 2013 by approximately $3 million in 2015.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

+ References+ Details

Other Assets

12 Months Ended

Dec. 31, 2014

Other Assets [Abstract]

Other Assets

5.	Other Assets

Other assets consist of the following:

December 31,	2014			2013

Patents, at cost	$	6,113		$	5,401
Accumulated amortization		(3,364	)		(3,075	)
Deposits on capital items		19,011			14,091
Software development costs, at cost		2,057			2,057
Accumulated amortization		(1,381	)		(969	)
Investment in equity securities		-			259
Other		3,111			700
	$	25,547		$	18,464

The capitalized cost of patents is amortized using the straight-line method over their useful lives. The cost of patent amortization was $0.3 million in 2014 and $0.2 million in both 2013 and 2012. The estimated annual patent amortization cost for each of the next five years is $0.3 million. Costs incurred to maintain existing patents are charged to expense in the year incurred.

Software development costs were incurred to develop and implement an integrated ERP system prior to the time the system became operational. These costs are being amortized using the straight line method over a period of sixty months. Costs incurred subsequent to the system becoming operational are being expensed. The cost of software development cost amortization was $0.4 million, $0.5 million, and $0.4 million in 2014, 2013, and 2012, respectively.

Trade Accounts Payable and Accrued Expenses

12 Months Ended

Dec. 31, 2014

Trade Accounts Payable and Accrued Expenses [Abstract]

Trade Accounts Payable and Accrued Expenses

6.	Trade Accounts Payable and Accrued Expenses

Trade accounts payable and accrued expenses consist of the following:

December 31,	2014		2013

Trade accounts payable	$	11,796	$	15,871
Federal excise taxes payable		9,386		14,127
Accrued other		14,968		16,993
	$	36,150	$	46,991

Line of Credit

12 Months Ended

Dec. 31, 2014

Line of Credit [Abstract]

Line of Credit

7.	Line of Credit

The Company has an unsecured $40 million revolving line of credit with a bank. This facility, which is renewable annually, has an expiration date of June 15, 2015.

The credit facility remained unused throughout 2013 and 2014. Borrowings under this facility would bear interest at LIBOR (0.629% at December 31, 2014) plus 200 basis points and the Company is charged three-eighths of a percent (0.375%) per year on the unused portion. At December 31, 2014 and 2013, the Company was in compliance with the terms and covenants of the credit facility.

Employee Benefit Plans

12 Months Ended

Dec. 31, 2014

Employee Benefit Plans [Abstract]

Employee Benefit Plans

Employee Benefit Plans

In the fourth quarter of 2014, the Company completed the migration of its retirement benefits from defined-benefit pension plans to defined-contribution retirement plans, utilizing its 401(k) plan.

The Company previously sponsored two qualified defined-benefit pension plans that covered substantially all employees. In 2007, the Company amended its hourly and salaried defined-benefit pension plans so that employees no longer accrued benefits under them. This action “froze” the benefits for all employees and prevented future hires from joining the plans. A third defined-benefit pension plan was non-qualified and covered certain executive officers of the Company.

The Company sponsors a defined-contribution 401(k) plan that covers substantially all employees. The Company matches employee contributions to their 401(k) accounts using the “safe harbor” guidelines provided in the Internal Revenue Code. In addition, the Company provides discretionary supplemental contributions to substantially all employees' individual 401(k) accounts.

Defined-Benefit Plans

In December 2014 the Company terminated its defined benefit pension plans and settled all obligations to employees. As a result of the termination of the plans, the Company recognized a one-time charge to expense of $41.0 million in the fourth quarter of 2014, primarily comprised of the recognition of previously deferred actuarial losses.

Active employees, all of whom were 100 percent vested in their pension benefits, were given the option of rolling the actuarially determined present value of their benefits into their 401(k) accounts, receiving deferred annuity contracts issued by an insurance carrier, or receiving a lump sum payment.

The Company contributed $7.5 million to the frozen pension plans in 2014 in order to fully fund the settlement, representing the shortfall of the existing pension fund assets on the termination date to the settlement value. The Company contributed $3 million and $3 million to these frozen pension plans in 2013 and 2012, respectively, which satisfied the required minimum contribution in each year. Since the plans have been fully funded and settled, no further cash contributions will be required in future years.

The measurement dates of the assets and liabilities of all plans presented for 2014 and 2013 were December 31, 2014 and December 31, 2013, respectively.

Summarized information on the Company's defined-benefit pension plans is as follows:

Obligations and Funded Status at December 31,	2014			2013

Change in Benefit Obligation
Benefit obligation at beginning of year	$	77,484		$	85,516
Service cost		-			-
Interest cost		3,595			3,349
Actuarial (gain) loss		5,855			(7,921	)
Benefits paid		(3,301	)		(3,460	)
Settlement of obligations		(83,633	)		-
Benefit obligation at end of year		-			77,484

Change in Plan Assets
Fair value of plan assets at beginning of year	77,993		65,890
Actual return on plan assets	311		12,403
Employer contributions	8,630		3,160
Benefits paid	(3,301	)	(3,460	)
Settlement of obligations	(83,633	)	-
Fair value of plan assets at end of year	-		77,993

Funded Status
Funded status		-		509
Unrecognized net actuarial loss		-		30,284
Unrecognized prior service cost		-		-
Net amount recognized	$	-	$	30,793

Weighted Average Assumptions for the years ended December 31,	2014		2013
Discount rate	4.75	%	4.00	%
Expected long-term return on plan assets	N/A		8.00	%
Rate of compensation increases	N/A		N/A

Components of Net Periodic Pension Cost		2014			2013
Service cost	$	-		$	-
Interest cost		3,595			3,349
Expected return on assets		(6,114	)		(5,238	)
Recognized gains		997			1,645
Net periodic pension cost	$	(1,522	)	$	(244	)
Benefit plan termination costs (see above)		40,999			-
Net periodic pension cost and benefit plan termination costs	$	39,477		$	(244	)

Amounts Recognized on the Balance Sheet		2014		2013
Accrued benefit liability	$	-	$	509
Accumulated other comprehensive loss, net of tax		-		19,379
Deferred tax asset		-		10,905
	$	-	$	30,793

Weighted Average Assumptions as of December 31,	2014	2013
Discount rate	N/A	4.75	%
Rate of compensation increases	N/A	N/A

Information for Pension Plans with an Accumulated Benefit Obligation in excess of plan assets		2014		2013
Projected benefit obligation	$	-	$	77,484
Accumulated benefit obligation	$	-	$	77,484
Fair value of plan assets	$	-	$	77,993

Pension Weighted Average Asset Allocations as of December 31,	2014	2013
Debt securities	-	-
Equity securities	-	6	%
Real estate	-	-
Money market funds	-	94	%
	-	100	%

In conjunction with the termination and settlement of the defined-benefit pension plans, the additional minimum pension liability was fully recognized. The Company recorded an adjustment to the additional minimum pension liability, net of tax, which increased comprehensive income by $10.2 million in 2013, and decreased comprehensive income by $2.1 million in 2012, respectively.

Plan Assets

As a result of the termination and settlement of the defined-benefit pension plans, there are no plan assets as of December 31, 2014. The following table sets forth the defined-benefit plans' assets at fair value as of December 31, 2013:

December 31,		2014		2013

Pooled separate accounts:
Equity securities:
International equity funds	$	-	$	4,458
Money market fund		-		73,535
	$	-	$	77,993

Defined-Contribution Plans

Prior to 2007, the Company also sponsored two qualified defined-contribution plans that covered substantially all of its hourly and salaried employees. Effective January 1, 2007, the qualified defined-contribution plans were merged into a single 401(k) plan. Under the terms of the 401(k) plan, the Company matches a certain portion of employee contributions. Expenses related to matching employee contributions to the 401(k) plan were $3.2 million, $3.0 million, and $2.3 million in 2014, 2013, and 2012, respectively.

Additionally, in 2014, 2013, and 2012 the Company provided discretionary supplemental contributions to the individual 401(k) accounts of substantially all employees. Each employee received a supplemental contribution to their account based on a uniform percentage of qualifying compensation established annually. The cost of these supplemental contributions totaled $5.6 million, $4.9 million, and $3.3 million in 2014, 2013, and 2012, respectively.

- Definition

The entire disclosure for pension and other postretirement benefits.

+ References+ Details

Other Operating (Income) Expenses, net

12 Months Ended

Dec. 31, 2014

Other Operating (Income) Expenses, net [Abstract]

Other Operating (Income) Expenses, net

9.	Other Operating (Income) Expenses, net

Other operating (income) expenses, net consist of the following:

Year ended December 31,	2014			2013			2012

Gain on sale of operating assets	$	(1	)	$	(65	)	$	(27	)
Frozen defined-benefit pension plan (income) expense		(1,611	)		(336	)		320
Total other operating (income) expenses, net	$	(1,612	)	$	(401	)	$	293

Income Taxes

12 Months Ended

Dec. 31, 2014

Income Taxes [Abstract]

Income Taxes

10.

Income Taxes

The Company files income tax returns in the U.S. federal jurisdiction and various state jurisdictions. With few exceptions, the Company is no longer subject to U.S. federal and state income tax examinations by tax authorities for years before 2010.

The federal and state income tax provision consisted of the following:

Year ended December 31,	2014					2013				2012
		Current		Deferred			Current		Deferred		Current		Deferred
Federal	$	25,797	$	(10,429	)	$	49,022	$	4,879	$	34,941	$	(327	)
State		5,019		(1,775	)		9,202		857		6,635		231
	$	30,816	$	(12,204	)	$	58,224	$	5,736	$	41,576	$	(96	)

The effective income tax rate varied from the statutory federal income tax rate as follows:

Year ended December 31,	2014			2013			2012
Statutory federal income tax rate		35.0	%		35.0	%		35.0	%
State income taxes, net of federal tax benefit		3.7			3.7			4.0
Domestic production activities deduction		(4.6	)		(2.7	)		(3.0	)
Other items		(1.6)			0.5			1.0
Effective income tax rate		32.5	%		36.5	%		37.0	%

Significant components of the Company's deferred tax assets and liabilities are as follows:

December 31,	2014			2013
Deferred tax assets:
Product liability	$	289		$	451
Employee compensation and benefits		3,621			3,708
Allowances for doubtful accounts and discounts		2,351			2,558
Inventories		1,411			932
Additional minimum pension liability		-			10,905
Stock-based compensation		4,517			3,672
Other		1,487			1,853
Total deferred tax assets		13,676			24,079
Deferred tax liabilities:
Pension plans		-			11,310
Depreciation		14,377			14,311
Other		387			422
Total deferred tax liabilities		14,764			26,043
Net deferred tax (liabilities) assets	$	(1,088	)	$	(1,964	)

Changes in deferred tax assets relating to the additional minimum pension liability are not charged to expense and are therefore not included in the deferred tax provision; instead they are charged to other comprehensive income.

The Company made income tax payments of approximately $34.0 million, $59.9 million, and $33.0 million, during 2014, 2013, and 2012, respectively. The Company expects to realize its deferred tax assets through tax deductions against future taxable income or carry back against taxes previously paid.

The Company does not believe it has included any “uncertain tax positions” in its federal income tax return or any of the state income tax returns it is currently filing. The Company has made an evaluation of the potential impact of additional state taxes being assessed by jurisdictions in which the Company does not currently consider itself liable. The Company does not anticipate that such additional taxes, if any, would result in a material change to its financial position.

- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

+ References+ Details

Earnings Per Share

12 Months Ended

Dec. 31, 2014

Earnings Per Share [Abstract]

Earnings Per Share

11.

Earnings Per Share

Set forth below is a reconciliation of the numerator and denominator for basic and diluted earnings per share calculations for the periods indicated:

Year ended December 31,	2014		2013		2012

Numerator:
Net income	$	38,628	$	111,272	$	70,629
Denominator:
Weighted average number of common shares outstanding – Basic		19,367,928		19,327,394		19,160,849
Dilutive effect of options and restricted stock units outstanding under the Company's employee compensation plans		469,480		613,324		474,392
Weighted average number of common shares outstanding – Diluted		19,837,408		19,940,718		19,635,241

The dilutive effect of outstanding options and restricted stock units is calculated using the treasury stock method. There are no anti-dilutive stock options in 2014, 2013, and 2012 because the closing price of the Company's stock on December 31, 2014, 2013, and 2012 exceeded the strike price of all outstanding options on that date.

- Definition

The entire disclosure for earnings per share.

+ References+ Details

Stock Repurchases

12 Months Ended

Dec. 31, 2014

Stock Repurchases [Abstract]

Stock Repurchases

12.

Stock Repurchases

In 2014 the Company repurchased shares of its common stock. Details of these purchases are as follows:

Period	Total Number of Shares Purchased		Average Price Paid per Share		Total Number of Shares Purchased as Part of Publicly Announced Program		Maximum Dollar Value of Shares that May Yet Be Purchased Under the Program

November 13, 2014 to December 31, 2014		680,813	$	35.22		680,813
Total		680,813	$	35.22		680,813	$	75,998,000

All of these purchases were made with cash held by the Company and no debt was incurred.

At December 31, 2014, $76.0 million remained authorized for share repurchases.

Compensation Plan

12 Months Ended

Dec. 31, 2014

Compensation Plan [Abstract]

Compensation Plan

13.

Compensation Plans

In April 2007, the Company adopted and the shareholders approved the 2007 Stock Incentive Plan (the “2007 SIP”) under which employees, independent contractors, and non-employee directors may be granted stock options, restricted stock, deferred stock awards, restricted stock units (“RSU's”), and stock appreciation rights, any of which may or may not require the achievement of performance objectives. Vesting requirements are determined by the Compensation Committee of the Board of Directors. The Company reserved 2,550,000 shares for issuance under the 2007 SIP. At December 31, 2014, an aggregate of 628,000 shares remain available for grant under the 2007 SIP.

Compensation expense related to stock options is recognized based on the grant-date fair value of the awards estimated using the Black-Scholes option pricing model. Compensation expense related to deferred stock, restricted stock, and restricted stock units is recognized based on the grant-date fair value of the Company's common stock. The total stock-based compensation cost included in the Statements of Income was $5.6 million, $5.3 million, and $4.7 million in 2014, 2013, and 2012, respectively.

Stock Options

There were no stock options granted in 2014 and 2013. In 2012, 9,830 stock options were granted as an equitable adjustment in conjunction with the special dividend declared in the fourth quarter of 2012. For purposes of determining the fair value of stock option awards granted, the Company used the Black-Scholes option pricing model and the assumptions set forth in the table below.

	2012
Dividend yield		2.9	%
Expected volatility		44.2	%
Risk free rate of return		4.0	%
Expected lives		2.9 years

The estimated fair value of options granted is subject to the assumptions made and if the assumptions changed, the estimated fair value amounts could be significantly different.

The following table summarizes the stock option activity of the Plans:

	Shares			Weighted Average Exercise Price		Weighted Average Grant Date Fair Value		Weighted Average Remaining Contractual Life (Years)
Outstanding at December 31, 2011		328,700			8.58		4.42		6.2
Granted		9,830			8.59		32.57		5.6
Exercised		(217,820	)		7.92		4.40		4.8
Canceled		(250	)		8.69		4.57		6.3
Outstanding at December 31, 2012		120,460			8.58		6.76		5.7
Granted		-			-		-		-
Exercised		(63,239	)		8.51		6.86		4.4
Canceled		-			-		-		-
Outstanding at December 31, 2013		57,221			8.66		6.65		5.0
Granted		-			-		-		-
Exercised		(16,244	)		8.25		7.54		3.9
Canceled		-			-		-		-
Outstanding at December 31, 2014		40,977			8.82		6.29		4.1
Exercisable Options Outstanding at December 31, 2014		40,977			8.82		6.29		4.1
Non-Vested Options Outstanding at December 31, 2014		-			-		-		-

At December 31, 2014, the aggregate intrinsic value of all options, including exercisable options, was $1.1 million.

Deferred Stock

Deferred stock awards vest based on the passage of time or the Company's attainment of performance objectives. Upon vesting, these awards convert one-for-one to common stock.

In 2014, 3,711 deferred stock awards were issued to non-employee directors that will vest in April 2015 and 7,002 deferred stock awards were issued to non-employee directors that will vest in April 2017.

In 2013, 4,430 deferred stock awards were issued to non-employee directors that will vest in April 2014 and 5,952 deferred stock awards were issued to non-employee directors that will vest in April 2016.

In 2012, 4,542 deferred stock awards were issued to non-employee directors that will vest in April 2013 and 6,102 deferred stock awards were issued to non-employee directors that will vest in April 2015.

Compensation expense related to these awards is amortized ratably over the vesting period. Compensation expense related to these awards was $0.6 million, $0.5 million and $0.5 million in 2014, 2013, and 2012, respectively.

At December 31, 2014, there was $0.6 million of unrecognized compensation cost related to deferred stock that is expected to be recognized over a period of three years.

Restricted Stock Units

Beginning in the second quarter of 2009, the Company began granting restricted stock units in lieu of incentive stock options to senior employees. These RSU's have a vesting “double trigger.” The vesting of these RSU's is dependent on the achievement of corporate objectives established by the Compensation Committee of the Board of Directors and the passage of time.

During 2014, 59,000 restricted stock units were issued. Compensation costs related to these restricted stock units was $3.8 million, of which $1.0 million was recognized in 2014. The remaining costs will be recognized ratably over the remaining period required before the units vest, which is 27 months.

During 2013, 32,000 restricted stock units were issued. Compensation costs related to these restricted stock units was $1.8 million, of which $0.6 and $0.5 million was recognized in 2014 and 2013, respectively. The remaining costs will be recognized ratably over the remaining period required before the units vest, which is 15 months.

During 2012, 139,000 restricted stock units were issued. Compensation costs related to these restricted stock units was $6.2 million, of which $1.5 million, $1.5 million and $1.2 million was recognized in 2014, 2013 and 2012, respectively. The remaining costs will be recognized ratably over the remaining period required before the units vest, which ranges from one to two years.

At December 31, 2014, there was $7.2 million of unrecognized compensation cost related to restricted stock units that is expected to be recognized over a period of 2.3 years.

- Definition

The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

+ References+ Details

Operating Segment Information

12 Months Ended

Dec. 31, 2014

Operating Segment Information [Abstract]

Operating Segment Information

14.

Operating Segment Information

The Company has two reportable operating segments: firearms and castings. The firearms segment manufactures and sells rifles, pistols, revolvers, and shotguns principally to a number of federally-licensed, independent wholesale distributors primarily located in the United States. The castings segment manufactures and sells steel investment castings and metal injection molding parts.

Corporate segment income relates to interest income on short-term investments, the sale of non-operating assets, and other non-operating activities. Corporate segment assets consist of cash and short-term investments and other non-operating assets.

The Company evaluates performance and allocates resources, in part, based on profit and loss before taxes. The accounting policies of the reportable segments are the same as those described in the summary of significant accounting policies (see Note 1). Intersegment sales are recorded at the Company's cost plus a fixed profit percentage.

Year ended December 31,	2014			2013			2012
Net Sales
Firearms	$	542,267		$	678,552		$	484,933
Castings
Unaffiliated		2,207			9,724			6,891
Intersegment		34,095			32,794			26,462
		36,302			42,518			33,353
Eliminations		(34,095	)		(32,794	)		(26,462	)
	$	544,474		$	688,276		$	491,824
Income (Loss) Before Income Taxes
Firearms	$	57,525		$	177,736		$	113,660
Castings		(1,294	)		(3,866	)		(1,858	)
Corporate		1,009			1,362			307
	$	57,240		$	175,232		$	112,109
Identifiable Assets
Firearms	$	211,338		$	201,660		$	120,879
Castings		16,772			11,402			6,467
Corporate		26,272			64,056			47,140
	$	254,382		$	277,118		$	174,486
Depreciation
Firearms	$	33,594		$	18,679		$	13,413
Castings		2,321			897			823
	$	35,915		$	19,576		$	14,236
Capital Expenditures
Firearms	$	39,511		$	51,536		$	26,773
Castings		6,060			3,080			509
	$	45,571		$	54,616		$	27,282

In 2014, the Company's largest customers and the percent of total sales they represented were as follows: Davidson's-19%; Lipsey's-13%; Sports South-13%; and Jerry's/Ellett Brothers-12%.

In 2013, the Company's largest customers and the percent of total sales they represented were as follows: Davidson's-16%; Jerry's/Ellett Brothers-14%; Lipsey's-14%; and Sports South-11%.

In 2012, the Company's largest customers and the percent of total sales they represented were as follows: Davidson's-17%; Jerry's/Ellett Brothers-14%; Lipsey's-13%; and Sports South-12%.

The Company's assets are located entirely in the United States and domestic sales represented greater than 94% of total sales in 2014, 2013, and 2012.

- 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

Quarterly Results of Operations (Unaudited)

12 Months Ended

Dec. 31, 2014

Quarterly Results of Operations (Unaudited) [Abstract]

Quarterly Results of Operations (Unaudited)

15.

Quarterly Results of Operations (Unaudited)

The following is a tabulation of the unaudited quarterly results of operations for the two years ended December 31, 2014:

	Three Months Ended
	3/29/14		6/28/14		9/27/14		12/31/14
Net Sales	$	169,884	$	153,657	$	98,327	$	122,606
Gross profit		61,123		50,353		23,738		33,960
Net income (loss)		24,319		22,286		6,781		(14,758	)
Basic earnings (loss) per share		1.26		1.15		0.35		(0.77	)
Diluted earnings (loss) per share	$	1.22	$	1.12	$	0.34	$	(0.77	)

	Three Months Ended
	3/30/13		6/29/13		9/28/13		12/31/13
Net Sales	$	155,905	$	179,528	$	170,942	$	181,901
Gross profit		61,309		70,724		62,940		63,632
Net income		23,718		32,308		28,671		26,575
Basic earnings per share		1.23		1.67		1.48		1.37
Diluted earnings per share	$	1.20	$	1.63	$	1.44	$	1.33

- Definition

The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished.

+ References+ Details

Contingent Liabilities

12 Months Ended

Dec. 31, 2014

Contingent Liabilities [Abstract]

Contingent Liabilities

16.

Contingent Liabilities

As of December 31, 2014, the Company was a defendant in approximately three (3) lawsuits and is aware of certain other such claims. The lawsuits fall into three general categories, traditional products liability, municipal litigation, and commercial litigation, discussed in turn below.

Traditional Product Liability Litigation

One of the three lawsuits mentioned above involve claims for damages related to allegedly defective product design and/or manufacture. These types of lawsuits stem from a specific incident of personal injury and are based on traditional product liability theories such as strict liability, negligence and/or breach of warranty.

The Company management believes that the allegations in these cases are unfounded, and that the incidents were caused by the negligence and/or misuse of the firearms by third-parties or the claimant, and that there should be no recovery against the Company.

Municipal Litigation

Municipal litigation generally includes those cases brought by cities or other governmental entities against firearms manufacturers, distributors and retailers seeking to recover damages allegedly arising out of the misuse of firearms by third-parties.

There is only one remaining lawsuit of this type, filed by the City of Gary in Indiana State Court, over fifteen years ago. The complaint in that case seeks damages, among other things, for the costs of medical care, police and emergency services, public health services, and other services as well as punitive damages. In addition, nuisance abatement and/or injunctive relief is sought to change the design, manufacture, marketing and distribution practices of the various defendants. The suit alleges, among other claims, negligence in the design of products, public nuisance, negligent distribution and marketing, negligence per se and deceptive advertising. The case does not allege a specific injury to a specific individual as a result of the misuse or use of any of the Company's products.

After a long procedural history, the case was scheduled for trial on June 15, 2009. The case was not tried on that date and no subsequent scheduling order has been entered. There has been no activity since that time.

Commercial Litigation

From time to time, the Company may be involved in commercial disputes that result in litigation. These disputes run the gamut and may involve intellectual property, real property, supply or distribution agreements, contract disputes, or other, general commercial matters. As of December 31, 2014, the Company was involved in one such lawsuit and is aware of certain other such claims.

Summary of Claimed Damages and Explanation of Product Liability Accruals

Punitive damages, as well as compensatory damages, are demanded in certain of the lawsuits and claims. Aggregate claimed amounts presently exceed product liability accruals and applicable insurance coverage. For product liability claims made after July 10, 2000, coverage is provided on an annual basis for losses exceeding $5 million per claim, or an aggregate maximum loss of $10 million annually, except for certain new claims which might be brought by governments or municipalities after July 10, 2000, which are excluded from coverage.

The Company management monitors the status of known claims and the product liability accrual, which includes amounts for asserted and unasserted claims. While it is not possible to forecast the outcome of litigation or the timing of costs, in the opinion of management, after consultation with special and corporate counsel, it is not probable and is unlikely that litigation, including punitive damage claims, will have a material adverse effect on the financial position of the Company, but may have a material impact on the Company's financial results for a particular period.

Product liability claim payments are made when appropriate if, as, and when claimants and the Company reach agreement upon an amount to finally resolve all claims. Legal costs are paid as the lawsuits and claims develop, the timing of which may vary greatly from case to case. A time schedule cannot be determined in advance with any reliability concerning when payments will be made in any given case.

Provision is made for product liability claims based upon many factors related to the severity of the alleged injury and potential liability exposure, based upon prior claim experience. Because the Company's experience in defending these lawsuits and claims is that unfavorable outcomes are typically not probable or estimable, only in rare cases is an accrual established for such costs. In most cases, an accrual is established only for estimated legal defense costs. Product liability accruals are periodically reviewed to reflect then-current estimates of possible liabilities and expenses incurred to date and reasonably anticipated in the future. Threatened product liability claims are reflected in the Company's product liability accrual on the same basis as actual claims; i.e., an accrual is made for reasonably anticipated possible liability and claims-handling expenses on an ongoing basis.

A range of reasonably possible loss relating to unfavorable outcomes cannot be made. However, in product liability cases in which a dollar amount of damages is claimed, the amount of damages claimed, which totaled $0.0 million and $0.0 million at December 31, 2014 and 2013, respectively, are set forth as an indication of possible maximum liability that the Company might be required to incur in these cases (regardless of the likelihood or reasonable probability of any or all of this amount being awarded to claimants) as a result of adverse judgments that are sustained on appeal.

As of December 31, 2014 and 2013, the Company was a defendant in 2 and 4 lawsuits, respectively, involving its products and is aware of other such claims. During 2014 and 2013, respectively, 0 and 2 claims were filed against the Company, 2 and 0 claims were settled, and no claims were dismissed in either year.

The Company's product liability expense was $0.8 million in 2014, $1.3 million in 2013, and $0.2 million in 2012. This expense includes the cost of outside legal fees, insurance, and other expenses incurred in the management and defense of product liability matters.

A roll-forward of the product liability reserve and detail of product liability expense for the three years ended December 31, 2014 follows:

Balance Sheet Roll-forward for Product Liability Reserve

											Cash Payments
	Balance Beginning of Year (a)		Accrued Legal Expense (Income) (b)			Legal Fees (c)			Settlements (d)			Balance End of Year (a)

2012	$	1,746		(633	)		(52	)		(4	)	$	1,057

2013	$	1,057		230			(44	)		(7	)	$	1,236

2014	$	1,236		(295	)		(18	)		(78	)	$	845

Income Statement Detail for Product Liability Expense

	Accrued Legal Expense (b)			Insurance Premium Expense (e)		Total Product Liability Expense

2012	$	(633	)		810	$	177

2013	$	230			1,023	$	1,253

2014	$	(295	)		1,069	$	774

Notes

(a)	The beginning and ending liability balances represent accrued legal fees only. Settlements and administrative costs are expensed as incurred. Only in rare instances is an accrual established for settlements.

(b)	The expense accrued in the liability is for legal fees only. In 2012, the costs incurred related to cases that were settled or dismissed were less than the amounts accrued for these cases in prior years.

(c)	Legal fees represent payments to outside counsel related to product liability matters.

(d)	Settlements represent payments made to plaintiffs or allegedly injured parties in exchange for a full and complete release of liability.

(e)	Insurance expense represents the cost of insurance premiums.

There were no insurance recoveries during any of the above years.

Financial Instruments

12 Months Ended

Dec. 31, 2014

Financial Instruments [Abstract]

Financial Instruments

17.

Financial Instruments

The Company does not hold or issue financial instruments for trading or hedging purposes, nor does it hold interest rate, leveraged, or other types of derivative financial instruments. Fair values of accounts receivable, accounts payable, accrued expenses and income taxes payable reflected in the December 31, 2014 and 2013 balance sheets approximate carrying values at those dates.

Subsequent Events

12 Months Ended

Dec. 31, 2014

Subsequent Events [Abstract]

Subsequent Events

18.

Subsequent Events

On February 10, 2015, the Company's Board of Directors authorized a dividend of 17¢ per share to shareholders of record on March 13, 2015.

The Company's management has evaluated transactions occurring subsequent to December 31, 2014 and determined that there were no events or transactions during that period that would have a material impact on the Company's results of operations or financial position.

Schedule II-Valuation and Qualifying Accounts

12 Months Ended

Dec. 31, 2014

Schedule II-Valuation and Qualifying Accounts [Abstract]

Schedule II-Valuation and Qualifying Accounts

Sturm, Ruger & Company, Inc.

Item 15(a)--Financial Statement Schedule

Schedule II—Valuation and Qualifying Accounts

(In Thousands)

COL. A	COL. B		COL. C			COL. D			COL. E
			ADDITIONS
Description	Balance at Beginning of Period		(1) Charged (Credited) to Costs and Expenses		(2) Charged to Other Accounts -Describe	Deductions			Balance at End of Period

Deductions from asset accounts:
Allowance for doubtful accounts:
Year ended December 31, 2014	$	300		100					$	400
Year ended December 31, 2013	$	300							$	300
Year ended December 31, 2012	$	185	$	115					$	300

Allowance for discounts:
Year ended December 31, 2014	$	1,344	$	11,485		$	11,826	(b)	$	1,003
Year ended December 31, 2013	$	825	$	14,515		$	13,996	(b)	$	1,344
Year ended December 31, 2012	$	807	$	10,679		$	10,661	(b)	$	825

Excess and obsolete inventory reserve:
Year ended December 31, 2014	$	2,422	$	1,328					$	3,750
Year ended December 31, 2013	$	1,729	$	693					$	2,422
Year ended December 31, 2012	$	1,311	$	761		$	343	(c)	$	1,729

(a)	Accounts written off

(b)	Discounts taken

(c)	Inventory written off

Summary of Significant Accounting Policies (Policies)	12 Months Ended
Summary of Significant Accounting Policies (Policies)	Dec. 31, 2014
Summary of Significant Accounting Policies [Abstract]
Organization	Organization Sturm, Ruger & Company, Inc. (the “Company”) is principally engaged in the design, manufacture, and sale of firearms to domestic customers. Virtually all of the Company's total sales for the year ended December 31, 2014 were from the firearms segment and export sales represented approximately 4% of firearms sales. The Company's design and manufacturing operations are located in the United States and almost all product content is domestic. The Company's firearms are sold through a select number of independent wholesale distributors principally to the commercial sporting market. The Company manufactures investment castings made from steel alloys and metal injection molding ("MIM") parts for internal use in its firearms and utilizes available capacity to manufacture and sell investment castings and MIM parts to unaffiliated, third-party customers. Castings were less than 1% of the Company's total sales for the year ended December 31, 2014.
Preparation of Financial Statements	Preparation of Financial Statements The Company follows United States generally accepted accounting principles (“GAAP”). The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from these estimates. The significant accounting policies described below, together with the notes that follow, are an integral part of the Financial Statements.
Principles of Consolidation	Principles of Consolidation The consolidated financial statements include the accounts of the Company and its wholly owned subsidiary. All significant intercompany accounts and transactions have been eliminated.
Revenue Recognition	Revenue Recognition Substantially all product sales are sold FOB (free on board) shipping point. Revenue is recognized when product is shipped and the customer takes ownership and assumes the risk of loss. Accruals are made for sales discounts and incentives based on the Company's experience. The Company accounts for cash sales discounts as a reduction in sales and sales incentives as a charge to selling expense. Amounts billed to customers for shipping and handling fees are included in net sales and costs incurred by the Company for the delivery of goods are classified as selling expenses. Federal excise taxes are excluded from net sales.
Cash and Cash Equivalents	Cash and Cash Equivalents The Company considers interest-bearing deposits with financial institutions with remaining maturities of three months or less at the time of acquisition to be cash equivalents.
Accounts Receivable	Accounts Receivable The Company establishes an allowance for doubtful accounts based on the credit worthiness of its customers and historical experience. While the Company uses the best information available to make its evaluation, future adjustments to the allowance for doubtful accounts may be necessary if there are significant changes in economic and industry conditions or any other factors considered in the Company's evaluation. Bad debt expense has been immaterial during each of the last three years.
Inventories	Inventories Substantially all of the Company's inventories are valued at the lower of cost, principally determined by the last-in, first-out (LIFO) method, or market. Elements of cost in inventories include raw materials, direct labor and manufacturing overhead.
Property, Plant, and Equipment	Property, Plant, and Equipment Property, plant, and equipment are carried at cost. Depreciation is computed over useful lives using the straight-line and declining balance methods predominately over 15 years for buildings, 7 years for machinery and equipment and 3 years for tools and dies. When assets are retired, sold or otherwise disposed of, their gross carrying values and related accumulated depreciation are removed from the accounts and a gain or loss on such disposals is recognized when appropriate. Maintenance and repairs are charged to operations; replacements and improvements are capitalized.
Long-lived Assets	Long-lived Assets The Company evaluates the carrying value of long-lived assets to be held and used when events or changes in circumstances indicate the carrying value may not be recoverable. In performing this review, the carrying value of the assets is compared to the projected undiscounted cash flows to be generated from the assets. If the sum of the undiscounted expected future cash flows is less than the carrying value of the assets, the assets are considered to be impaired. Impairment losses are measured as the amount by which the carrying value of the assets exceeds their fair value. The Company bases fair value of the assets on quoted market prices if available or, if not available, quoted market prices of similar assets. Where quoted market prices are not available, the Company estimates fair value using the estimated future cash flows generated by the assets discounted at a rate commensurate with the risks associated with the recovery of the assets.
Income Taxes	Income Taxes Income taxes are accounted for using the asset and liability method. Under this method, deferred income taxes are recognized for the tax consequences of “temporary differences” by applying enacted statutory rates applicable to future years to temporary differences between the financial statement carrying amounts and the tax basis of the Company's assets and liabilities.
Product Liability	Product Liability The Company provides for product liability claims including estimated legal costs to be incurred defending such claims. The provision for product liability claims is charged to cost of products sold.
Advertising Costs	Advertising Costs The Company expenses advertising costs as incurred. Advertising expenses for 2014, 2013, and 2012, were $3.6 million, $3.2 million, and $3.4 million, respectively.
Shipping Costs	Shipping Costs Costs incurred related to the shipment of products are included in selling expense. Such costs totaled $7.1 million, $6.8 million, and $5.6 million in 2014, 2013, and 2012, respectively.
Research and Development	Research and Development In 2014, 2013, and 2012, the Company spent approximately $10.0 million, $6.2 million, and $5.9 million, respectively, on research and development activities relating to new products and the improvement of existing products. These costs are expensed as incurred.
Earnings per Share	Earnings per Share Basic earnings per share is based upon the weighted-average number of shares of common stock outstanding during the year. Diluted earnings per share reflect the impact of options, restricted stock units, and deferred stock outstanding using the treasury stock method.

Trade Receivables, Net (Tables)

12 Months Ended

Dec. 31, 2014

Trade Receivables, Net [Abstract]

Schedule of Trade Receivables

Trade receivables consist of the following:

December 31,	2014			2013

Trade receivables	$	51,138		$	69,028
Allowance for doubtful accounts		(400	)		(300	)
Allowance for discounts		(1,003	)		(1,344	)
	$	49,735		$	67,384

Inventories (Tables)

12 Months Ended

Dec. 31, 2014

Inventories [Abstract]

Schedule of Inventories

Inventories consist of the following:

December 31,	2014			2013

Finished goods	$	20,083		$	6,552
Materials and products in process		65,184			55,225
		85,267			61,777
Adjustment of inventories to a LIFO basis		(40,578	)		(38,516	)
	$	44,689		$	23,261

Property, Plant and Equipment (Tables)

12 Months Ended

Dec. 31, 2014

Property, Plant and Equipment [Abstract]

Schedule of Property, Plant and Equipment

Property, plant and equipment consist of the following:

December 31,	2014		2013

Land and improvements	$	1,926	$	1,819
Buildings and improvements		42,432		39,034
Machinery and equipment		201,562		172,987
Dies and tools		42,316		36,287
	$	288,236	$	250,127

Other Assets (Tables)

12 Months Ended

Dec. 31, 2014

Other Assets [Abstract]

Schedule of Other Assets

Other assets consist of the following:

December 31,	2014			2013

Patents, at cost	$	6,113		$	5,401
Accumulated amortization		(3,364	)		(3,075	)
Deposits on capital items		19,011			14,091
Software development costs, at cost		2,057			2,057
Accumulated amortization		(1,381	)		(969	)
Investment in equity securities		-			259
Other		3,111			700
	$	25,547		$	18,464

Trade Accounts Payable and Accrued Expenses (Tables)

12 Months Ended

Dec. 31, 2014

Trade Accounts Payable and Accrued Expenses [Abstract]

Schedule of Trade Accounts Payable and Accrued Expenses

Trade accounts payable and accrued expenses consist of the following:

December 31,	2014		2013

Trade accounts payable	$	11,796	$	15,871
Federal excise taxes payable		9,386		14,127
Accrued other		14,968		16,993
	$	36,150	$	46,991

Employee Benefit Plans (Tables)

12 Months Ended

Dec. 31, 2014

Employee Benefit Plans [Abstract]

Reconciliation of Change in Benefit Obligation

Obligations and Funded Status at December 31,	2014			2013

Change in Benefit Obligation
Benefit obligation at beginning of year	$	77,484		$	85,516
Service cost		-			-
Interest cost		3,595			3,349
Actuarial (gain) loss		5,855			(7,921	)
Benefits paid		(3,301	)		(3,460	)
Settlement of obligations		(83,633	)		-
Benefit obligation at end of year		-			77,484

Schedule of Changes in Plan Assets

Change in Plan Assets
Fair value of plan assets at beginning of year	77,993		65,890
Actual return on plan assets	311		12,403
Employer contributions	8,630		3,160
Benefits paid	(3,301	)	(3,460	)
Settlement of obligations	(83,633	)	-
Fair value of plan assets at end of year	-		77,993

Schedule of Funded Status

Funded Status
Funded status		-		509
Unrecognized net actuarial loss		-		30,284
Unrecognized prior service cost		-		-
Net amount recognized	$	-	$	30,793

Schedule of Weighted Average Assumptions

Weighted Average Assumptions for the years ended December 31,	2014		2013
Discount rate	4.75	%	4.00	%
Expected long-term return on plan assets	N/A		8.00	%
Rate of compensation increases	N/A		N/A

Schedule of Components of Net Periodic Pension Cost

Components of Net Periodic Pension Cost		2014			2013
Service cost	$	-		$	-
Interest cost		3,595			3,349
Expected return on assets		(6,114	)		(5,238	)
Recognized gains		997			1,645
Net periodic pension cost	$	(1,522	)	$	(244	)
Benefit plan termination costs (see above)		40,999			-
Net periodic pension cost and benefit plan termination costs	$	39,477		$	(244	)

Schedule of Amounts Recognized on the Balance Sheet

Amounts Recognized on the Balance Sheet		2014		2013
Accrued benefit liability	$	-	$	509
Accumulated other comprehensive loss, net of tax		-		19,379
Deferred tax asset		-		10,905
	$	-	$	30,793

Schedule of Weighted Average Assumptions Used to Determine Net Periodic Benefit Cost

Weighted Average Assumptions as of December 31,	2014	2013
Discount rate	N/A	4.75	%
Rate of compensation increases	N/A	N/A

Schedule of Pension Plans with an Accumulated Benefit Obligation in Excess of Plan Assets

Information for Pension Plans with an Accumulated Benefit Obligation in excess of plan assets		2014		2013
Projected benefit obligation	$	-	$	77,484
Accumulated benefit obligation	$	-	$	77,484
Fair value of plan assets	$	-	$	77,993

Schedule of Pension Weighted Average Asset Allocations

Pension Weighted Average Asset Allocations as of December 31,	2014	2013
Debt securities	-	-
Equity securities	-	6	%
Real estate	-	-
Money market funds	-	94	%
	-	100	%

Schedule of Defined Benefit Plans' Assets at Fair Value

The following table sets forth the defined-benefit plans' assets at fair value as of December 31, 2013:

December 31,		2014		2013

Pooled separate accounts:
Equity securities:
International equity funds	$	-	$	4,458
Money market fund		-		73,535
	$	-	$	77,993

Other Operating (Income) Expenses, net (Tables)

12 Months Ended

Dec. 31, 2014

Other Operating (Income) Expenses, net [Abstract]

Schedule of Other Operating Expenses (Income), Net

Other operating (income) expenses, net consist of the following:

Year ended December 31,	2014			2013			2012

Gain on sale of operating assets	$	(1	)	$	(65	)	$	(27	)
Frozen defined-benefit pension plan (income) expense		(1,611	)		(336	)		320
Total other operating (income) expenses, net	$	(1,612	)	$	(401	)	$	293

Income Taxes (Tables)

12 Months Ended

Dec. 31, 2014

Income Taxes [Abstract]

Schedule of Federal and State Income Tax Provision

The federal and state income tax provision consisted of the following:

Year ended December 31,	2014					2013				2012
		Current		Deferred			Current		Deferred		Current		Deferred
Federal	$	25,797	$	(10,429	)	$	49,022	$	4,879	$	34,941	$	(327	)
State		5,019		(1,775	)		9,202		857		6,635		231
	$	30,816	$	(12,204	)	$	58,224	$	5,736	$	41,576	$	(96	)

Schedule of Effective Income Tax Rate Reconciliation

The effective income tax rate varied from the statutory federal income tax rate as follows:

Year ended December 31,	2014			2013			2012
Statutory federal income tax rate		35.0	%		35.0	%		35.0	%
State income taxes, net of federal tax benefit		3.7			3.7			4.0
Domestic production activities deduction		(4.6	)		(2.7	)		(3.0	)
Other items		(1.6)			0.5			1.0
Effective income tax rate		32.5	%		36.5	%		37.0	%

Schedule of Deferred Tax Assets and Liabilities

Significant components of the Company's deferred tax assets and liabilities are as follows:

December 31,	2014			2013
Deferred tax assets:
Product liability	$	289		$	451
Employee compensation and benefits		3,621			3,708
Allowances for doubtful accounts and discounts		2,351			2,558
Inventories		1,411			932
Additional minimum pension liability		-			10,905
Stock-based compensation		4,517			3,672
Other		1,487			1,853
Total deferred tax assets		13,676			24,079
Deferred tax liabilities:
Pension plans		-			11,310
Depreciation		14,377			14,311
Other		387			422
Total deferred tax liabilities		14,764			26,043
Net deferred tax (liabilities) assets	$	(1,088	)	$	(1,964	)

Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2014

Earnings Per Share [Abstract]

Schedule of Reconciliation of Numerator and Denominator for Basic and Diluted Earnings Per Share

Set forth below is a reconciliation of the numerator and denominator for basic and diluted earnings per share calculations for the periods indicated:

Year ended December 31,	2014		2013		2012

Numerator:
Net income	$	38,628	$	111,272	$	70,629
Denominator:
Weighted average number of common shares outstanding – Basic		19,367,928		19,327,394		19,160,849
Dilutive effect of options and restricted stock units outstanding under the Company's employee compensation plans		469,480		613,324		474,392
Weighted average number of common shares outstanding – Diluted		19,837,408		19,940,718		19,635,241

Stock Repurchases (Tables)

12 Months Ended

Dec. 31, 2014

Stock Repurchases [Abstract]

Schedule of Repurchase of Common Stock

In 2014 the Company repurchased shares of its common stock. Details of these purchases are as follows:

Period	Total Number of Shares Purchased		Average Price Paid per Share		Total Number of Shares Purchased as Part of Publicly Announced Program		Maximum Dollar Value of Shares that May Yet Be Purchased Under the Program

November 13, 2014 to December 31, 2014		680,813	$	35.22		680,813
Total		680,813	$	35.22		680,813	$	75,998,000

Compensation Plan (Tables)

12 Months Ended

Dec. 31, 2014

Compensation Plan [Abstract]

Schedule of Assumptions Used to Estimate Fair Value

For purposes of determining the fair value of stock option awards granted, the Company used the Black-Scholes option pricing model and the assumptions set forth in the table below.

	2012
Dividend yield		2.9	%
Expected volatility		44.2	%
Risk free rate of return		4.0	%
Expected lives		2.9 years

Schedule of Stock Option Activity

The following table summarizes the stock option activity of the Plans:

	Shares			Weighted Average Exercise Price		Weighted Average Grant Date Fair Value		Weighted Average Remaining Contractual Life (Years)
Outstanding at December 31, 2011		328,700			8.58		4.42		6.2
Granted		9,830			8.59		32.57		5.6
Exercised		(217,820	)		7.92		4.40		4.8
Canceled		(250	)		8.69		4.57		6.3
Outstanding at December 31, 2012		120,460			8.58		6.76		5.7
Granted		-			-		-		-
Exercised		(63,239	)		8.51		6.86		4.4
Canceled		-			-		-		-
Outstanding at December 31, 2013		57,221			8.66		6.65		5.0
Granted		-			-		-		-
Exercised		(16,244	)		8.25		7.54		3.9
Canceled		-			-		-		-
Outstanding at December 31, 2014		40,977			8.82		6.29		4.1
Exercisable Options Outstanding at December 31, 2014		40,977			8.82		6.29		4.1
Non-Vested Options Outstanding at December 31, 2014		-			-		-		-

Operating Segment Information (Tables)

12 Months Ended

Dec. 31, 2014

Operating Segment Information [Abstract]

Schedule of Operating Segment Financial Information

Year ended December 31,	2014			2013			2012
Net Sales
Firearms	$	542,267		$	678,552		$	484,933
Castings
Unaffiliated		2,207			9,724			6,891
Intersegment		34,095			32,794			26,462
		36,302			42,518			33,353
Eliminations		(34,095	)		(32,794	)		(26,462	)
	$	544,474		$	688,276		$	491,824
Income (Loss) Before Income Taxes
Firearms	$	57,525		$	177,736		$	113,660
Castings		(1,294	)		(3,866	)		(1,858	)
Corporate		1,009			1,362			307
	$	57,240		$	175,232		$	112,109
Identifiable Assets
Firearms	$	211,338		$	201,660		$	120,879
Castings		16,772			11,402			6,467
Corporate		26,272			64,056			47,140
	$	254,382		$	277,118		$	174,486
Depreciation
Firearms	$	33,594		$	18,679		$	13,413
Castings		2,321			897			823
	$	35,915		$	19,576		$	14,236
Capital Expenditures
Firearms	$	39,511		$	51,536		$	26,773
Castings		6,060			3,080			509
	$	45,571		$	54,616		$	27,282

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References+ Details

Quarterly Results of Operations (Unaudited) (Tables)

12 Months Ended

Dec. 31, 2014

Quarterly Results of Operations (Unaudited) [Abstract]

Schedule of Quarterly Financial Information

The following is a tabulation of the unaudited quarterly results of operations for the two years ended December 31, 2014:

	Three Months Ended
	3/29/14		6/28/14		9/27/14		12/31/14
Net Sales	$	169,884	$	153,657	$	98,327	$	122,606
Gross profit		61,123		50,353		23,738		33,960
Net income (loss)		24,319		22,286		6,781		(14,758	)
Basic earnings (loss) per share		1.26		1.15		0.35		(0.77	)
Diluted earnings (loss) per share	$	1.22	$	1.12	$	0.34	$	(0.77	)

	Three Months Ended
	3/30/13		6/29/13		9/28/13		12/31/13
Net Sales	$	155,905	$	179,528	$	170,942	$	181,901
Gross profit		61,309		70,724		62,940		63,632
Net income		23,718		32,308		28,671		26,575
Basic earnings per share		1.23		1.67		1.48		1.37
Diluted earnings per share	$	1.20	$	1.63	$	1.44	$	1.33

Contingent Liabilities (Tables)

12 Months Ended

Dec. 31, 2014

Contingent Liabilities [Abstract]

Reconciliation of Product Liability Reserve

A roll-forward of the product liability reserve and detail of product liability expense for the three years ended December 31, 2014 follows:

Balance Sheet Roll-forward for Product Liability Reserve

											Cash Payments
	Balance Beginning of Year (a)		Accrued Legal Expense (Income) (b)			Legal Fees (c)			Settlements (d)			Balance End of Year (a)

2012	$	1,746		(633	)		(52	)		(4	)	$	1,057

2013	$	1,057		230			(44	)		(7	)	$	1,236

2014	$	1,236		(295	)		(18	)		(78	)	$	845

Schedule of Product Liability Expense

Income Statement Detail for Product Liability Expense

	Accrued Legal Expense (b)			Insurance Premium Expense (e)		Total Product Liability Expense

2012	$	(633	)		810	$	177

2013	$	230			1,023	$	1,253

2014	$	(295	)		1,069	$	774

Notes

(a)	The beginning and ending liability balances represent accrued legal fees only. Settlements and administrative costs are expensed as incurred. Only in rare instances is an accrual established for settlements.

(b)	The expense accrued in the liability is for legal fees only. In 2012, the costs incurred related to cases that were settled or dismissed were less than the amounts accrued for these cases in prior years.

(c)	Legal fees represent payments to outside counsel related to product liability matters.

(d)	Settlements represent payments made to plaintiffs or allegedly injured parties in exchange for a full and complete release of liability.

(e)	Insurance expense represents the cost of insurance premiums.

- Definition

Tabular disclosure of exposure to material amount of loss arising from allegations of damages pertaining to and arising from one or more of the entity's products.

+ References+ Details

Summary of Significant Accounting Policies (Details) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Property, Plant and Equipment [Line Items]
Advertising expenses	$ 3.6us-gaap_AdvertisingExpense	$ 3.2us-gaap_AdvertisingExpense	$ 3.4us-gaap_AdvertisingExpense
Shipping costs	7.1	6.8	5.6
Research and development	$ 10.0us-gaap_ResearchAndDevelopmentExpense	$ 6.2us-gaap_ResearchAndDevelopmentExpense	$ 5.9us-gaap_ResearchAndDevelopmentExpense
Buildings [Member]
Property, Plant and Equipment [Line Items]
Useful life	15 years
Machinery and equipment [Member]
Property, Plant and Equipment [Line Items]
Useful life	7 years
Tools and dies [Member]
Property, Plant and Equipment [Line Items]
Useful life	3 years
Net castings sales [Member]
Segment Reporting Information [Line Items]
Percentage of sales	1.00%
Export firearm sales [Member]
Segment Reporting Information [Line Items]
Percentage of sales	4.00%

Trade Receivables, Net (Details) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Accounts, Notes, Loans and Financing Receivable [Line Items]
Trade receivables	51,138us-gaap_AccountsReceivableGrossCurrent	69,028us-gaap_AccountsReceivableGrossCurrent
Allowance for doubtful accounts	(400)	(300)
Allowance for discounts	(1,003)	(1,344)
Trade receivables, net	49,735us-gaap_AccountsReceivableNetCurrent	67,384us-gaap_AccountsReceivableNetCurrent
Trade receivables [Member] \| Customer one [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Percentage of customers	28.00%	17.00%
Trade receivables [Member] \| Customer two [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Percentage of customers	15.00%	17.00%
Trade receivables [Member] \| Customer three [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Percentage of customers	11.00%	15.00%
Trade receivables [Member] \| Customer four [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Percentage of customers	10.00%

Inventories (Details) (USD $) In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Inventories [Abstract]
Finished goods	$ 20,083us-gaap_InventoryFinishedGoods	$ 6,552us-gaap_InventoryFinishedGoods
Materials and products in process	65,184	55,225
Inventory gross	85,267rgr_InventoryGrossBeforeAdjustments	61,777rgr_InventoryGrossBeforeAdjustments
Adjustment of inventories to a LIFO basis	(40,578)us-gaap_InventoryLIFOReserve	(38,516)us-gaap_InventoryLIFOReserve
Net inventories	$ 44,689us-gaap_InventoryNet	$ 23,261us-gaap_InventoryNet

Property, Plant and Equipment (Details) (USD $)	12 Months Ended
Property, Plant and Equipment (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
Property, Plant and Equipment [Line Items]
Property, plant and equipment	$ 288,236,000us-gaap_PropertyPlantAndEquipmentGross	$ 250,127,000us-gaap_PropertyPlantAndEquipmentGross
Increase in depreciation expense related to change in estimated useful life	7,100,000rgr_IncreasedInDepreciationExpense	700,000rgr_IncreasedInDepreciationExpense
Land and improvements [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment	1,926,000	1,819,000
Buildings and improvements [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment	42,432,000	39,034,000
Machinery and equipment [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment	201,562,000	172,987,000
Useful life	7 years
Machinery and equipment [Member] \| 2015 [Member]
Property, Plant and Equipment [Line Items]
Increase in depreciation expense related to change in estimated useful life	3,000,000
Machinery and equipment [Member] \| Minimum [Member]
Property, Plant and Equipment [Line Items]
Useful life		7 years
Machinery and equipment [Member] \| Maximum [Member]
Property, Plant and Equipment [Line Items]
Useful life		10 years
Dies and tools [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment	$ 42,316,000	$ 36,287,000
Useful life	3 years

Other Assets (Schedule of Other Assets) (Details) (USD $) In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Finite-Lived Intangible Assets [Line Items]
Patents, at cost	$ 6,113us-gaap_FiniteLivedPatentsGross	$ 5,401us-gaap_FiniteLivedPatentsGross
Deposits on capital items	19,011us-gaap_DepositAssets	14,091us-gaap_DepositAssets
Software development costs, at cost	2,057us-gaap_FiniteLivedIntangibleAssetsNet	2,057us-gaap_FiniteLivedIntangibleAssetsNet
Investment in equity securities		259us-gaap_EquityMethodInvestments
Other	3,111us-gaap_OtherAssetsMiscellaneous	700us-gaap_OtherAssetsMiscellaneous
Other assets	25,547us-gaap_OtherAssetsNoncurrent	18,464us-gaap_OtherAssetsNoncurrent
Patents [Member]
Finite-Lived Intangible Assets [Line Items]
Accumulated amortization	(3,364)	(3,075)
Software development [Member]
Finite-Lived Intangible Assets [Line Items]
Accumulated amortization	$ (1,381)	$ (969)

Other Assets (Narrative) (Details) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Patents [Member]
Schedule of Equity Method Investments [Line Items]
Amortization	$ 0.3	$ 0.2	$ 0.2
Estimated accumulated amortization, 2015	0.3
Estimated accumulated amortization, 2016	0.3
Estimated accumulated amortization, 2017	0.3
Estimated accumulated amortization, 2018	0.3
Estimated accumulated amortization, 2019	0.3
Software development [Member]
Schedule of Equity Method Investments [Line Items]
Amortization	$ 0.4	$ 0.5	$ 0.4

Trade Accounts Payable and Accrued Expenses (Details) (USD $) In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Trade Accounts Payable and Accrued Expenses [Abstract]
Trade accounts payable	$ 11,796us-gaap_AccountsPayableCurrent	$ 15,871us-gaap_AccountsPayableCurrent
Federal excise taxes payable	9,386us-gaap_TaxesPayableCurrent	14,127us-gaap_TaxesPayableCurrent
Accrued other	14,968us-gaap_AccruedLiabilitiesCurrent	16,993us-gaap_AccruedLiabilitiesCurrent
Trade accounts payable and accrued expenses	$ 36,150	$ 46,991

Line of Credit (Details) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2014
Line of Credit Facility [Line Items]
Credit facility with a bank	40
Credit Facility [Member]
Line of Credit Facility [Line Items]
Description of interest rate of credit facility	LIBOR
Line of credit interest rate (in percent)	0.629%
Line of credit basis points	2.00%
Line of credit unused portion per year (in percent)	0.375%
Revolving credit facility, expiration date	Jun. 15, 2014

Employee Benefit Plans (Narrative) (Details) (USD $)	12 Months Ended			3 Months Ended
Employee Benefit Plans (Narrative) (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2014
Defined Benefit Plan Disclosure [Line Items]
Income statement expense resulting from the settlement and termination of the pension plans	$ 40,999,000us-gaap_PensionExpense
Defined benefit pension plans	19,379,000	10,241,000	(2,077,000)
Contributions to employee benefits plan	3,200,000	3,000,000	2,300,000
Discretionary contributions to employee benefit plan	5,600,000	4,900,000	3,300,000
Pension Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Contributions for plan	7,500,000	3,000,000	3,000,000
Defined Benefit Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Income statement expense resulting from the settlement and termination of the pension plans				$ 41,000,000
Percentage of vested pension benefits	100.00%

- Definition

The amount of pension benefit costs recognized during the period for (1) defined benefit plans and (2) defined contribution plans. For defined benefit plans, pension expense includes the following components: service cost, interest cost, expected return on plan assets, gain (loss) on plan assets, prior service cost or credit, transition asset or obligation, and gain (loss) due to settlements or curtailments. For defined contribution plans, the pension expense generally equals the firm's contribution to employees' accounts (if the firm contributes) during the period.

+ References+ Details

Employee Benefit Plans (Reconciliation of Change in Benefit Obligation) (Details) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Employee Benefit Plans [Abstract]
Benefit obligation at beginning of year	$ 77,484	$ 85,516
Service cost
Interest cost	3,595us-gaap_DefinedBenefitPlanInterestCost	3,349us-gaap_DefinedBenefitPlanInterestCost
Actuarial (gain) loss	5,855	(7,921)
Benefits paid	(3,301)us-gaap_DefinedBenefitPlanBenefitsPaid	(3,460)us-gaap_DefinedBenefitPlanBenefitsPaid
Settlement of obligations	(83,633)
Benefit obligation at end of year		$ 77,484

- Definition

The amount of payments made for which participants are entitled under a pension plan, including pension benefits, death benefits, and benefits due on termination of employment. Also includes payments made under a postretirement benefit plan, including prescription drug benefits, health care benefits, life insurance benefits, and legal, educational and advisory services. This item represents a periodic decrease to the plan obligations and a decrease to plan assets.

+ References+ Details

Employee Benefit Plans (Schedule of Changes in Plan Assets) (Details) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Employee Benefit Plans [Abstract]
Fair value of plan assets at beginning of year	$ 77,993	$ 65,890
Actual return on plan assets	311	12,403
Employer contributions	8,630	3,160
Benefits paid	(3,301)us-gaap_DefinedBenefitPlanBenefitsPaid	(3,460)us-gaap_DefinedBenefitPlanBenefitsPaid
Settlement of obligations	(83,633)
Fair value of plan assets at end of year		$ 77,993

- Definition

+ References+ Details

Employee Benefit Plans (Schedule of Funded Status) (Details) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Employee Benefit Plans [Abstract]
Funded status		$ 509
Unrecognized net actuarial loss		30,284
Unrecognized prior service cost
Net amount recognized		$ 30,793

Employee Benefit Plans (Schedule of Weighted Average Assumptions) (Details)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Employee Benefit Plans [Abstract]
Discount rate	4.75%	4.00%
Expected long-term return on plan assets		8.00%
Rate of compensation increases

Employee Benefit Plans (Schedule of Components of Net Periodic Pension Cost) (Details) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Employee Benefit Plans [Abstract]
Service cost
Interest cost	3,595us-gaap_DefinedBenefitPlanInterestCost	3,349us-gaap_DefinedBenefitPlanInterestCost
Expected return on assets	(6,114)	(5,238)
Recognized gains	997	1,645
Net periodic pension cost	(1,522)	(244)
Benefit plan termination costs	40,999rgr_DefinedBenefitPlanTerminationCosts
Net periodic pension cost and benefit plan termination costs	$ 39,477	$ (244)

Employee Benefit Plans (Schedule of Amounts Recognized on the Balance Sheet) (Details) (USD $) In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Employee Benefit Plans [Abstract]
Accrued benefit liability		$ 509
Accumulated other comprehensive loss, net of tax		19,379
Deferred tax asset		10,905
Nat amount recognized		$ 30,793

- Definition

The total of net gain (loss), prior service cost (credit), and transition assets (obligations), as well as minimum pension liability if still remaining, included in accumulated other comprehensive income associated with a defined benefit pension or other postretirement plan(s) because they have yet to be recognized as components of net periodic benefit cost.

+ References+ Details

Employee Benefit Plans (Schedule of Weighted Average Assumptions Used to Determine Net Periodic Benefit Cost) (Details)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Employee Benefit Plans [Abstract]
Discount rate		4.75%
Rate of compensation increases

Employee Benefit Plans (Schedule of Pension Plans with an Accumulated Benefit Obligation in Excess of Plan Asset) (Details) (USD $) In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Employee Benefit Plans [Abstract]
Projected benefit obligation		$ 77,484
Accumulated benefit obligation		77,484
Fair value of plan assets		$ 77,993

Employee Benefit Plans (Schedule of Pension Weighted Average Asset Allocations) (Details)	Dec. 31, 2014	Dec. 31, 2013
Defined Benefit Plan Disclosure [Line Items]
Asset allocations		100.00%
Equity securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Asset allocations		6.00%
Debt securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Asset allocations
Domestic real estate funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Asset allocations
Money market funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Asset allocations		94.00%

Employee Benefit Plans (Schedule of Defined Benefit Plans' Assets at Fair Value) (Details) (USD $) In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 77,993	$ 65,890
International equity funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	4,458
Money market funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 73,535

Other Operating (Income) Expenses, net (Details) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Other Operating (Income) Expenses, net [Abstract]
Gain on sale of operating assets	$ (1)us-gaap_GainLossOnSaleOfOtherAssets	$ (65)us-gaap_GainLossOnSaleOfOtherAssets	$ (27)us-gaap_GainLossOnSaleOfOtherAssets
Frozen defined-benefit pension plan (income) expense	(1,611)	(336)	320
Total other operating (income) expenses, net	$ (1,612)us-gaap_OtherOperatingIncomeExpenseNet	$ (401)us-gaap_OtherOperatingIncomeExpenseNet	$ 293us-gaap_OtherOperatingIncomeExpenseNet

Income Taxes (Schedule of Federal and State Income Tax Provision) (Details) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Current:
Federal, current	$ 25,797us-gaap_CurrentFederalTaxExpenseBenefit	$ 49,022us-gaap_CurrentFederalTaxExpenseBenefit	$ 34,941us-gaap_CurrentFederalTaxExpenseBenefit
State, current	5,019	9,202	6,635
Current	30,816us-gaap_CurrentIncomeTaxExpenseBenefit	58,224us-gaap_CurrentIncomeTaxExpenseBenefit	41,576us-gaap_CurrentIncomeTaxExpenseBenefit
Deferred:
Federal, deferred	(10,429)	4,879	(327)
State, deferred	(1,775)	857	231
Deferred	$ (12,204)us-gaap_DeferredIncomeTaxExpenseBenefit	$ 5,736us-gaap_DeferredIncomeTaxExpenseBenefit	$ (96)us-gaap_DeferredIncomeTaxExpenseBenefit

- Definition

Amount of current federal tax expense (benefit) pertaining to income (loss) from continuing operations.

+ References+ Details

- Definition

Amount of current income tax expense (benefit) pertaining to taxable income (loss) from continuing operations.

+ References+ Details

- Definition

Amount of current state and local tax expense (benefit) pertaining to income (loss) from continuing operations.

+ References+ Details

- Definition

Amount of deferred federal income tax expense (benefit) pertaining to income (loss) from continuing operations.

+ References+ Details

- Definition

Amount of deferred income tax expense (benefit) pertaining to income (loss) from continuing operations.

+ References+ Details

- Definition

Amount of deferred state and local tax expense (benefit) pertaining to income (loss) from continuing operations.

+ References+ Details

Income Taxes (Schedule of Effective Income Tax Rate Reconciliation) (Details)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Income Taxes [Abstract]
Statutory federal income tax rate	35.00%	35.00%	35.00%
State income taxes, net of federal tax benefit	3.70%	3.70%	4.00%
Domestic production activities deduction	(4.60%)	(2.70%)	(3.00%)
Other items	(1.60%)	0.50%	1.00%
Effective income tax rate	32.50%	36.50%	37.00%

Income Taxes (Schedule of Deferred Tax Assets and Liabilities) (Details) (USD $) In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Deferred tax assets:
Product liability	$ 289rgr_DeferredTaxAssetsProductLiability	$ 451rgr_DeferredTaxAssetsProductLiability
Employee compensation and benefits	3,621	3,708
Allowances for doubtful accounts and discounts	2,351	2,558
Inventories	1,411us-gaap_DeferredTaxAssetsInventory	932us-gaap_DeferredTaxAssetsInventory
Additional minimum pension liability		10,905
Stock-based compensation	4,517	3,672
Other	1,487us-gaap_DeferredTaxAssetsOther	1,853us-gaap_DeferredTaxAssetsOther
Total deferred tax assets	13,676us-gaap_DeferredTaxAssetsNet	24,079us-gaap_DeferredTaxAssetsNet
Deferred tax liabilities:
Pension plans		11,310
Depreciation	14,377	14,311
Other	387us-gaap_DeferredTaxLiabilitiesOther	422us-gaap_DeferredTaxLiabilitiesOther
Total deferred tax liabilities	14,764us-gaap_DeferredTaxLiabilities	26,043us-gaap_DeferredTaxLiabilities
Net deferred tax (liabilities) assets	$ (1,088)us-gaap_DeferredTaxAssetsLiabilitiesNet	$ (1,964)us-gaap_DeferredTaxAssetsLiabilitiesNet

Income Taxes (Narrative) (Details) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Income Taxes [Abstract]
Income tax payments	$ 34.0us-gaap_IncomeTaxesPaidNet	$ 59.9us-gaap_IncomeTaxesPaidNet	$ 33.0us-gaap_IncomeTaxesPaidNet

Earnings Per Share (Details) (USD $) In Thousands, except Share data, unless otherwise specified	3 Months Ended								12 Months Ended
	Dec. 31, 2014	Sep. 27, 2014	Jun. 28, 2014	Mar. 29, 2014	Dec. 31, 2013	Sep. 28, 2013	Jun. 29, 2013	Mar. 30, 2013	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Numerator:
Net income	$ (14,758)us-gaap_NetIncomeLoss	$ 6,781us-gaap_NetIncomeLoss	$ 22,286us-gaap_NetIncomeLoss	$ 24,319us-gaap_NetIncomeLoss	$ 26,575us-gaap_NetIncomeLoss	$ 28,671us-gaap_NetIncomeLoss	$ 32,308us-gaap_NetIncomeLoss	$ 23,718us-gaap_NetIncomeLoss	$ 38,628us-gaap_NetIncomeLoss	$ 111,272us-gaap_NetIncomeLoss	$ 70,629us-gaap_NetIncomeLoss
Denominator:
Weighted average number of common shares outstanding - Basic									19,367,928	19,327,394	19,160,849
Dilutive effect of options and restricted stock units outstanding under the Company's employee compensation plans									469,480	613,324	474,392
Weighted average number of common shares outstanding - Diluted									19,837,408	19,940,718	19,635,241

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References+ Details

Stock Repurchases (Schedule of Repurchase of Common Stock) (Details) (USD $)	2 Months Ended
	Dec. 31, 2014
Equity, Class of Treasury Stock [Line Items]
Total Number of Shares Purchased	680,813us-gaap_TreasuryStockSharesAcquired
Average Price Paid Per Share	$ 35.22
Total Number of Shares Purchased as Part of Publicly Announced Program	680,813
Maximum Dollar Value of Shared That May Yet Be Puchased Under the Program	$ 75,998,000
November 13, 2014 to December 31, 2014
Equity, Class of Treasury Stock [Line Items]
Total Number of Shares Purchased	680,813
Average Price Paid Per Share	$ 35.22
Total Number of Shares Purchased as Part of Publicly Announced Program	680,813

Stock Repurchases (Narrative) (Details) (USD $)	Dec. 31, 2014
Equity, Class of Treasury Stock [Line Items]
Amount authorized for share repurchases	$ 75,998,000

Compensation Plan (Details) (USD $)	12 Months Ended
Compensation Plan (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Apr. 30, 2007
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation	$ 5,647,000us-gaap_ShareBasedCompensation	$ 5,288,000us-gaap_ShareBasedCompensation	$ 4,718,000us-gaap_ShareBasedCompensation
Aggregate intrinsic value	$ 1,100,000
2007 SIP [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares reserved for future issuance				2,550,000
Shares available for future grants	628,000

Compensation Plan (Schedule of Assumptions Used to Estimate Fair Value) (Details)	12 Months Ended
	Dec. 31, 2012
Compensation Plan [Abstract]
Dividend yield	2.90%
Expected volatility	44.20%
Risk free rate of return	4.00%
Expected lives	2 years 10 months 24 days

Compensation Plan (Schedule of Stock Option Activity) (Details) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Shares
Outstanding at Beginning of year	57,221	120,460	328,700
Granted			9,830
Exercised	(16,244)	(63,239)	(217,820)
Canceled			(250)
Outstanding at End of year	40,977	57,221	120,460	328,700
Exercisable Options Outstanding at December 31, 2014	40,977
Weighted-Average Exercise Price
Outstanding at Beginning of year	$ 8.66	$ 8.58	$ 8.58
Granted			$ 8.59
Exercised	$ 8.25	$ 8.51	$ 7.92
Canceled			$ 8.69
Outstanding at End of year	$ 8.82	$ 8.66	$ 8.58	$ 8.58
Exercisable Options Outstanding at December 31, 2014	$ 8.82
Weighted-Average Grant Date Fair Value
Outstanding at Beginning of year	$ 6.65	$ 6.76	$ 4.42
Granted			$ 32.57
Exercised	$ 7.54	$ 6.86	$ 4.40
Canceled			$ 4.57
Outstanding at End of year	$ 6.29	$ 6.65	$ 6.76	$ 4.42
Exercisable Options Outstanding at December 31, 2014	$ 6.29
Weighted-Average Remaining Contractual Life
Granted			5 years 7 months 6 days
Exercised	3 years 10 months 24 days	4 years 4 months 24 days	4 years 9 months 18 days
Canceled			6 years 3 months 18 days
Outstanding	4 years 1 month 6 days	5 years	5 years 8 months 12 days	6 years 2 months 12 days
Exercisable Options Outstanding at December 31, 2014	4 years 1 month 6 days
Non-Vested Options Outstanding at December 31, 2014	0 years

Compensation Plan (Deferred Stock) (Details) (USD $) In Thousands, except Share data, unless otherwise specified	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Deferred Stock [Member]
Deferred Compensation Arrangement with Individual, Share-based Payments [Line Items]
Compensation expense	$ 600	$ 500	$ 500
Unrecognized compensation expense	$ 600
Unrecognized compensation cost, recognition period	3 years
April 2017 [Member] \| Deferred Stock [Member]
Deferred Compensation Arrangement with Individual, Share-based Payments [Line Items]
Deferred stock awards issued	7,002
Non-employee directors [Member] \| April 2013 [Member]
Deferred Compensation Arrangement with Individual, Share-based Payments [Line Items]
Deferred stock awards issued			4,542
Non-employee directors [Member] \| April 2014 [Member]
Deferred Compensation Arrangement with Individual, Share-based Payments [Line Items]
Deferred stock awards issued		4,430
Non-employee directors [Member] \| April 2015 [Member]
Deferred Compensation Arrangement with Individual, Share-based Payments [Line Items]
Deferred stock awards issued	3,711		6,102
Non-employee directors [Member] \| April 2016 [Member] \| Deferred Stock [Member]
Deferred Compensation Arrangement with Individual, Share-based Payments [Line Items]
Deferred stock awards issued		5,952

Compensation Plan (Restricted Stock Units) (Details) (USD $) In Thousands, except Share data, unless otherwise specified	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted stock units issued	59,000	32,000	139,000
Unrecognized compensation expense	$ 3,800	$ 1,800	$ 6,200
Restricted Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation expense	7,200
Vesting period of compensation expense not yet recognized	2 years 3 months 18 days
2012 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation expense recognized	1,500	1,500	1,200
2012 [Member] \| Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period of compensation expense not yet recognized			2 years
2012 [Member] \| Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period of compensation expense not yet recognized			1 year
2013 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period of compensation expense not yet recognized		15 months
Compensation expense recognized	600	500
2014 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period of compensation expense not yet recognized	27 months
Compensation expense recognized	$ 1,000

Operating Segment Information (Schedule of Operating Segment Financial Information) (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended								12 Months Ended
	Dec. 31, 2014	Sep. 27, 2014	Jun. 28, 2014	Mar. 29, 2014	Dec. 31, 2013	Sep. 28, 2013	Jun. 29, 2013	Mar. 30, 2013	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Segment Reporting Information [Line Items]
Total net sales	$ 122,606us-gaap_SalesRevenueGoodsNet	$ 98,327us-gaap_SalesRevenueGoodsNet	$ 153,657us-gaap_SalesRevenueGoodsNet	$ 169,884us-gaap_SalesRevenueGoodsNet	$ 181,901us-gaap_SalesRevenueGoodsNet	$ 170,942us-gaap_SalesRevenueGoodsNet	$ 179,528us-gaap_SalesRevenueGoodsNet	$ 155,905us-gaap_SalesRevenueGoodsNet	$ 544,474us-gaap_SalesRevenueGoodsNet	$ 688,276us-gaap_SalesRevenueGoodsNet	$ 491,824us-gaap_SalesRevenueGoodsNet
Income (Loss) Before Income Taxes									57,240	175,232	112,109
Identifiable Assets	254,382us-gaap_Assets				277,118us-gaap_Assets				254,382us-gaap_Assets	277,118us-gaap_Assets	174,486us-gaap_Assets
Depreciation									35,915us-gaap_Depreciation	19,576us-gaap_Depreciation	14,236us-gaap_Depreciation
Capital Expenditures									45,571	54,616	27,282
Firearms [Member]
Segment Reporting Information [Line Items]
Total net sales									542,267	678,552	484,933
Income (Loss) Before Income Taxes									57,525	177,736	113,660
Identifiable Assets	211,338				201,660				211,338	201,660	120,879
Depreciation									33,594	18,679	13,413
Capital Expenditures									39,511	51,536	26,773
Castings [Member]
Segment Reporting Information [Line Items]
Income (Loss) Before Income Taxes									(1,294)	(3,866)	(1,858)
Identifiable Assets	16,772				11,402				16,772	11,402	6,467
Depreciation									2,321	897	823
Capital Expenditures									6,060	3,080	509
Unaffiliated [Member]
Segment Reporting Information [Line Items]
Total net sales									2,207	9,724	6,891
Intersegment [Member]
Segment Reporting Information [Line Items]
Total net sales									34,095	32,794	26,462
Castings, net [Member]
Segment Reporting Information [Line Items]
Total net sales									36,302	42,518	33,353
Eliminations [Member]
Segment Reporting Information [Line Items]
Total net sales									(34,095)	(32,794)	(26,462)
Corporate [Member]
Segment Reporting Information [Line Items]
Income (Loss) Before Income Taxes									1,009	1,362	307
Identifiable Assets	$ 26,272				$ 64,056				$ 26,272	$ 64,056	$ 47,140

Operating Segment Information (Narrative) (Details)	12 Months Ended
Operating Segment Information (Narrative) (Details)	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Revenue, Major Customer [Line Items]
Number of Operating Segments	2us-gaap_NumberOfOperatingSegments
Unites States [Member] \| Sales [Member] \| Minimum [Member]
Revenue, Major Customer [Line Items]
Percentage of sales	94.00%	94.00%	94.00%
Davidson's [Member] \| Sales [Member]
Revenue, Major Customer [Line Items]
Percentage of sales	19.00%	16.00%	17.00%
Jerry's/Ellett Brothers [Member] \| Sales [Member]
Revenue, Major Customer [Line Items]
Percentage of sales	12.00%	14.00%	14.00%
Lipsey's [Member] \| Sales [Member]
Revenue, Major Customer [Line Items]
Percentage of sales	13.00%	14.00%	13.00%
Sports South [Member] \| Sales [Member]
Revenue, Major Customer [Line Items]
Percentage of sales	13.00%	11.00%	12.00%

Quarterly Results of Operations (Unaudited) (Details) (USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended								12 Months Ended
	Dec. 31, 2014	Sep. 27, 2014	Jun. 28, 2014	Mar. 29, 2014	Dec. 31, 2013	Sep. 28, 2013	Jun. 29, 2013	Mar. 30, 2013	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Quarterly Results of Operations (Unaudited) [Abstract]
Total net sales	$ 122,606us-gaap_SalesRevenueGoodsNet	$ 98,327us-gaap_SalesRevenueGoodsNet	$ 153,657us-gaap_SalesRevenueGoodsNet	$ 169,884us-gaap_SalesRevenueGoodsNet	$ 181,901us-gaap_SalesRevenueGoodsNet	$ 170,942us-gaap_SalesRevenueGoodsNet	$ 179,528us-gaap_SalesRevenueGoodsNet	$ 155,905us-gaap_SalesRevenueGoodsNet	$ 544,474us-gaap_SalesRevenueGoodsNet	$ 688,276us-gaap_SalesRevenueGoodsNet	$ 491,824us-gaap_SalesRevenueGoodsNet
Gross profit	33,960us-gaap_GrossProfit	23,738us-gaap_GrossProfit	50,353us-gaap_GrossProfit	61,123us-gaap_GrossProfit	63,632us-gaap_GrossProfit	62,940us-gaap_GrossProfit	70,724us-gaap_GrossProfit	61,309us-gaap_GrossProfit	169,174us-gaap_GrossProfit	258,605us-gaap_GrossProfit	178,953us-gaap_GrossProfit
Net income (loss)	$ (14,758)us-gaap_NetIncomeLoss	$ 6,781us-gaap_NetIncomeLoss	$ 22,286us-gaap_NetIncomeLoss	$ 24,319us-gaap_NetIncomeLoss	$ 26,575us-gaap_NetIncomeLoss	$ 28,671us-gaap_NetIncomeLoss	$ 32,308us-gaap_NetIncomeLoss	$ 23,718us-gaap_NetIncomeLoss	$ 38,628us-gaap_NetIncomeLoss	$ 111,272us-gaap_NetIncomeLoss	$ 70,629us-gaap_NetIncomeLoss
Basic earnings (loss) per share	$ (0.77)us-gaap_EarningsPerShareBasic	$ 0.35us-gaap_EarningsPerShareBasic	$ 1.15us-gaap_EarningsPerShareBasic	$ 1.26us-gaap_EarningsPerShareBasic	$ 1.37us-gaap_EarningsPerShareBasic	$ 1.48us-gaap_EarningsPerShareBasic	$ 1.67us-gaap_EarningsPerShareBasic	$ 1.23us-gaap_EarningsPerShareBasic	$ 1.99us-gaap_EarningsPerShareBasic	$ 5.76us-gaap_EarningsPerShareBasic	$ 3.69us-gaap_EarningsPerShareBasic
Diluted earnings (loss) per share	$ (0.77)us-gaap_EarningsPerShareDiluted	$ 0.34us-gaap_EarningsPerShareDiluted	$ 1.12us-gaap_EarningsPerShareDiluted	$ 1.22us-gaap_EarningsPerShareDiluted	$ 1.33us-gaap_EarningsPerShareDiluted	$ 1.44us-gaap_EarningsPerShareDiluted	$ 1.63us-gaap_EarningsPerShareDiluted	$ 1.20us-gaap_EarningsPerShareDiluted	$ 1.95us-gaap_EarningsPerShareDiluted	$ 5.58us-gaap_EarningsPerShareDiluted	$ 3.60us-gaap_EarningsPerShareDiluted

- Definition

The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.

+ References+ Details

- Definition

The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.

+ References+ Details

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References+ Details

Contingent Liabilities (Narrative) (Details) (USD $)	12 Months Ended
Contingent Liabilities (Narrative) (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Loss Contingencies [Line Items]
Number of lawsuits against the company	3	5
Minimum limit of per claim for providing insurance coverage on annual basis	$ 5,000,000
Maximum limit of aggregate loss incurred annually for providing insurance coverage on annual basis	10,000,000
Total amount of damages claimed
Total Product Liability Expense	$ 774,000	$ 1,253,000	$ 177,000

Contingent Liabilities (Reconciliation of Product Liability Reserve) (Details) (Product liability reserve [Member], USD $)
In Thousands, unless otherwise specified

12 Months Ended

Dec. 31, 2014

Dec. 31, 2013

Dec. 31, 2012

Product liability reserve [Member]

Valuation and Qualifying Accounts Disclosure [Line Items]

Balance at Beginning of Period

$ 1,236

^[1]

$ 1,057

^[1]

$ 1,746

^[1]

Accrued Legal Expense (Income)

^[2]

^[2]

^[2]

^[3]

^[3]

^[3]

^[4]

^[4]

^[4]

Balance at End of Period

$ 845

^[1]

$ 1,236

^[1]

$ 1,057

^[1]

[1]	The beginning and ending liability balances represent accrued legal fees only. Settlements and administrative costs are expensed as incurred. Only in rare instances is an accrual established for settlements.
[2]	The expense accrued in the liability is for legal fees only. In 2012, the costs incurred related to cases that were settled or dismissed were less than the amounts accrued for these cases in prior years.
[3]	Legal fees represent payments to outside counsel related to product liability matters.
[4]	Settlements represent payments made to plaintiffs or allegedly injured parties in exchange for a full and complete release of liability.

Contingent Liabilities (Schedule of Product Liability Expense) (Details) (USD $)
In Thousands, unless otherwise specified

12 Months Ended

Dec. 31, 2014

Dec. 31, 2013

Dec. 31, 2012

Product Liability Contingency [Line Items]

Total Product Liability Expense

$ 774

$ 1,253

$ 177

Accrued Legal Expense [Member]

Product Liability Contingency [Line Items]

Total Product Liability Expense

(295)

^[1]

230

^[1]

(633)

^[1]

Insurance Premium Expense [Member]

Product Liability Contingency [Line Items]

Total Product Liability Expense

$ 1,069

^[2]

$ 1,023

^[2]

$ 810

^[2]

[1]	The expense accrued in the liability is for legal fees only. In 2012, the costs incurred related to cases that were settled or dismissed were less than the amounts accrued for these cases in prior years.
[2]	Insurance expense represents the cost of insurance premiums.