...million in the fourth quarter, an increase of 47 percent over the same period last year, and 14 percent on an adjusted basis. Earnings of $0.66 per diluted share exceeded company guidance of $0.60 to $0.62 per diluted share, and represented an increase of 43 percent on a GAAP basis and 10 percent on an adjusted basis. This performance was a result of strong sales growth, gross margin expansion and lower income tax expense.

Worldwide sales totaled $2.8 billion in the fourth quarter, an increase of 11 percent compared to the same period last year. Excluding a 2 percentage point benefit from foreign exchange, sales grew 9 percent and exceeded the company's organic sales growth guidance of 7 to 8 percent. Domestic sales increased 11 percent to $1.2 billion, and international sales also increased 11 percent to $1.5 billion (an increase of 7 percent excluding...

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