The bottom line jumped 56% to $17,859,000 from $11,418,000 in the seasonally small final quarter on 7% higher revenues of $368,271,000 up from $343,355,000 driven by strong U.S. sales and a double-digit increase from the golf ball segment. GOLF heralded the continued health of the industry through 2019, supported by sensible channel inventories and growing rounds played, along with high quality competition and attractive personalities on the PGA Tour. Gross margin was down 20 basis points at 50.7% including a 40 b.p. hit from tariffs. SG&A was up $2.8 million on the addition of Kjus, partially offset by lower advertising ... Log in to view full article.