On a GAAP basis, net income was $6.6 million, or $0.13 per diluted share, based on a weighted-average share count of 49.5 million shares.

fourth quarter sales: “With strength across leading national retailers and our direct business, we expect net sales growth in 2017 of 24% to 28%.” Three Months Results Ended December 31, 2016 Net sales increased 17%, or $11.0 million from the fourth quarter of 2015, to $76.4 million, driven by sales growth across leading national retailers and the Company’s direct business.”