Net income was up 158% in the final quarter to $173,896,000 from $67,352,000 on sales that increased 14% to $784,251,000 from $690,155,000, including 17% higher activewear sales to $627 million and 3% growth in hosiery and underwear sales to $157 million. The bottom line benefited from $32 million in impairment reversals related to the Hosiery Cash Generating Unit which recorded a $94 million impairment charge in the prior year. Sales were driven by higher activewear sales volumes and net selling prices, partially offset by weaker product mix related to the timing of fleece sales compared to the prior year. The ... Log in to view full article.