Net income increased 85% to $6,845,000 from $3,705,000for the period ended Sep. 29. Operating income was $22,620,000 against$19,526,000. Q3 gross margins declined 70 b.p. to 34.7% as total sales inched1% higher to $188,565,000 from $186,485,000. Restructuring expenses increasedby $400,000 in Q3 related to the company’s decision to exit Easton’s Van Nuys,CA manufacturing facility. By segment, Team Sports’ operating profits rose 24%in Q3 to $19.5 million despite a 1% dip in sales ... Log in to view full article.