Net income rose 31% to $4,767,000 from $3,642,000 forthe first quarter ended Mar. 31 on a 7% sales increase to $372,725,000 from$348,071,000 as improvements in the team business helped offset softness in thewinter sports business for the company. This year’s results included $1.3million in charges related to the acquisitions of Penn and Sevylor.

By segment operating profit at marine and outdoor,including the acquisition charges, fell 4% to $15.3 million from $15.9 millionon a 16% sales increase to $142.2 million from $123.1 million. Team sports,with the benefit of moving metal bat production to China and better paintballsales, saw operating income increase 19% ... Log in to view full article.