Net income was $273,312 against $3,038,511, including a one-time charge of $3.7 million related to termination of a pension plan, for the period ended Dec. 31. Fourth quarter revenues declined 4.1% to $63,989,643 from $66,729,979, impacted by fewer military sales and the discontinuation of a license for Dickies footwear.

For the full year, Rocky Brands’ net income grew 8% to $8,306,895 from $7,683,732. Revenues fell 4% to $239,599,096 from $252,792,263 as annual military sales declined to $2.2 million from $17.0 million. International sales rose 19% to ... Log in to view full article.