The bottom line was flat at $14,801,000 from $14,802,000 in the fiscal third quarter ended June 30, on revenues that declined 8% to $187,047,000 from $203,819,000, as stable fishing and diving sales were offset by weakness in the camping and watercraft segments. Gross margin improved 540 basis points to 41.5%, primarily driven by price increases and lower freight and material costs. Operating income was up 13% for the fishing unit to $18.7 million as sales inched up 1% to $137.5 million, driven ... Log in to view full article.