Premier, branded consumer products company K2 Inc reported net sales for the fourth quarter ended December 31, 2005 of $353.5 million versus $338.9 million in the prior year, an increase of 4.3 percent. Adjusted net income for the fourth quarter of 2005 was $14.7 million, or $0.28 Adjusted diluted earnings per share, compared to Pro Forma Adjusted net income of $11.8 million, or $0.23 Pro Forma Adjusted diluted earnings per share, for 2004
K2 Inc is a premier, branded consumer products company with a portfolio of leading brands including Shakespeare, Pflueger and Stearns in the Marine and Outdoor segment; Rawlings, Worth and K2 Licensed Products in the Team Sports segment; K2, Volkl , Marker, Ride and Brass Eagle in the Action Sports segment; and, Adio, Marmot and Ex Officio in the Apparel and Footwear segment.
K2's diversified mix of products is used primarily in team and individual sports activities such as fishing, watersports activities, baseball, softball, alpine skiing, snowboarding and in-line skating.
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