Net income was $43,159,000 in its fiscal third quarter ended Jan. 3 compared to a loss of $11,169,000 last year which included a $52 million goodwill writedown. There were high-fives all around as VSTO completed its first full year as a public company with a solid quarter that beat Wall St. expectations. Revenues jumped 17% to $592,557,000 from $506,881,000, including $41 million from the Jimmy Styks and CamelBak acquisitions, and organic sales grew 9%. Gross margin expanded 182 basis points to 28.3% benefitting from the acquisitions and the shooting sports segment. SG&A, excluding the one-time charges, bulged 151 basis points ... Log in to view full article.