Net income declined 53% to $28,931,000 from $60,867,000 for the seasonally important second quarter ended Jun. 30 as sales rose 13% to $446,708,000 from $396,311,000. Golf equipment sales were off 2% to $292.3 million from $298.7 million with stronger ball sales offsetting a decline in clubs on a quiet launch cycle. Meanwhile, apparel/gear sales jumped 58% to $154.4 million from $97.6 million on double digit growth at TarvisMatthew and the addition of Wolfskin. The results included $5.3 million in one-time charges related to acquisitions against $200,000 prior. U.S. sales gained 6% to $247.4 million against $233.4 million; Europe rose 76% ... Log in to view full article.