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The operating profit margin of 12.4 percent was an all-time high, increasing 270 basis points over the prior year, while the gross profit margin expanded 360 basis points despite higher cotton and commodity costs.
Growth in the company's outerwear segment is partially attributed to the acquisition of Gear For Sports, a custom decorated apparel company, in November 2010. Innerware sales were also up, despite September price increases resulting from higher cotton costs.
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