Easton Bell Sports third quarter sales increased 81.1% to $186.5 million compared to $102.9 million in the year-ago quarter. The large increase was primarily due to $62.8 million in net sales from Easton Sports. Exclude this acquisition from the equation and sales would have increased 20.2% during the quarter. For the third quarter, gross profit was 36.7%, an increase of 30 basis points from 36.4% last year.

Team Sports net sales increased 154.1% to $106.8 million as compared to $42.0 million last year. $56.7 million of the increase was attributable to the acquisition of Easton. Excluding the acquisition, sales would have increased 19.3%. In addition to the acquisition of Easton Sports, other factors contributing to the increase in Team Sports net sales included increased football helmet and apparel sales. Team Sports gross profit decreased 420 basis points to 39.2% primarily due to lower overall margins at Easton Sports. The division’s operating profit was $18.2 million, or 17.0% of sales compared to $8.1 million, or 19.3% of sales last year.

Action Sports net sales increased 30.8% to $79.6 million compared to $60.9 million in the prior year. $6.2 million of this was attributable to the Easton acquisition. Without this, sales would have increased 20.5%. Action Sports gross profit of 33.3% of net sales increased 170 basis points compared to the third fiscal quarter of the prior year primarily due to increased sales in helmets and accessories, partially offset by higher material costs. The division’s operating profit was $12.0 million, or 15.1%, compared to $7.4 million, or 12.2% last year.

Overall Easton Bell net income increased 136% in the quarter to $5.7 million from $2.4 million last year.