The soon to be Easton Bell has filed with the SEC this week, disclosing the income statements and balance sheets of Easton Sports, Inc., a wholly-owned subsidiary of Jas. D. Easton, Inc. During 2005, the company’s net sales increased 5.3% to $238.3 million from $226.3 million a year ago. Gross profit declined as a percentage of sales, though, down 110 basis points to 37.3% from 38.4% of sales last year. The SG&A line helped to compensate for this downturn by shrinking 60 basis points to 22.9% of sales. Easton posted a 10.2% increase in its bottom line to $25.8 million from $23.5 million during 2004. Inventories increased 32.4% to $52.0 million at the end of the year.