Net income quintupled to $9,431,000 from $1,825,000 on sales that were up 6% to $57,702,000 against $54,333,000 for the second quarter, driven by archery, including the incremental contribution from its Sep. acquisition of Gold Tip. Safety, table tennis and basketball also contributed to the top line. Lagging sales in outdoor games partially offset those gains. Reported operating income and EBITDA benefited from a one-time, pre-tax benefit of roughly $10.2 million ... Log in to view full article.
