News from the Business World

By Casey BiererOctober 28, 2005, 4:00 pm
ALDILA REPORTS STRONG THIRD QUARTER FINANCIAL RESULT
ALDILA, INC. (NASDAQ:NMS:ALDA) reported net sales of $19.3 million for the third quarter ended September 30, 2005, which was an increase of $8.6 million, or 79% from net sales of $10.8 million in the comparable period of 2004. The Company reported net income of $3.8 million, or $0.68 fully diluted per share for the third quarter ended September 30, 2005, which represents an increase of $443,000 from net income of $3.3 million, or $0.62 fully diluted per share for the comparable period of 2004. In the 2004 third quarter the Company benefited from a $2.7 million, or $0.52 fully diluted per share reduction in its provision for income taxes. Before the effect of the income tax expense adjustments in 2004, the Companys net income was $533,000, or $0.10 fully diluted per share. On a pretax basis, Aldilas income before tax grew 659% in the 2005 quarter to $5.5 million from $722,000 in the comparable 2004 quarter.
 
'It is a pleasure to continue to report exceptional financial results as we have now recorded seven straight quarters of profitable operations. Our third quarter net income represents the best third quarter in Aldilas history, said Mr. Peter R. Mathewson, Chairman and CEO.
 
'For the nine months ended September 30, 2005 net sales were $59.0 million, which represented an increase of $18.6 million, or 46% from net sales of $40.3 million in the comparable period of 2004. The Company reported net income of $10.7 million in the 2005 period, or $1.97 fully diluted per share, which represented an increase of $2.9 million over net income of $7.8 million and fully diluted earnings per share of $1.49 in the comparable period of the prior year. During the nine month period ended September 30, 2004, the Company benefited from a $1.7 million, or $0.33 fully diluted per share reduction in its provision for income taxes. Before the effect of the income tax expense adjustment, the Companys net income was $6.1 million, or $1.16 fully diluted per share for the nine month period ended September 30, 2004, Mr. Mathewson said.
 
Our strong third quarter sales increase of 79% was driven by an increase in our branded and co-branded shaft business. The average selling price of golf shafts increased by 22%, on a 65% increase in unit sales quarter on quarter. Driven by continued strong sales of our flagship NV shaft line our third quarter 2005 branded sales exceeded our branded sales in the third quarter 2004 by 80%, said Mr. Mathewson.
 
ODYSSEY EXPANDS LINE WITH NEW DUAL FORCE 2 PUTTERS; ALSO INTRODUCES SIX NEW WHITE STEEL PUTTERS
Odyssey(R), a brand of the Callaway Golf Company (NYSE:ELY), announces the introduction of its new line of stainless steel Dual Force(R) 2 Putters with a new Stronomic(R) insert that is the firmest currently offered by Odyssey. Odyssey is also presenting to the market six new models of its White Steel(R) putters.

The original Dual Force, a classically-styled bronze putter featuring the patented black Stronomic insert, debuted in 1994, and the following year Odyssey putters were used in 26 victories and had more than 300 top-10 finishes on the PGA Tour.

According to Odyssey, the Stronomic insert in the Dual Force 2 putters is softer yet
more resilient than the original for a pleasing sound and exceptional feedback. Odyssey inserts, which are lighter than steel, help increase the Moment of Inertia by repositioning mass from the putter face to the perimeter of the putter head for more forgiveness and a truer roll, says Odyssey.

Dual Force 2 putters also have a co-molded, ground face. Odyssey says this feature will ensure a true impact surface. The insert is formed in the face cavity to create a flush fit on every side of the insert, then ground with the face for unparalleled consistency. A shot peen finish on the putter head produces a rich look that helps reduce glare off the putter head.

The Dual Force 2 Putter will be available in seven models for right-handed golfers (#1, #2; #2 Center-Shafted, #3, #5, #5 Center-Shafted and Rossie(R)). The #1 and #5 models also will be available in left-handed. All models carry a suggested retail price of $110 and are expected to be at retail in early November.

Odyssey also is unveiling six new versions of its White Steel(R) line, including two new models from the 2-Ball putter line. The White Steel design incorporates a milled, stainless steel insert within the main urethane insert. According to Odyssey, this Dual Insert Technology provides the precision and accuracy of milled steel with the feel and distance control of urethane.

Four of the new White Steel Putter models -- the #2 Center-Shafted, #3, #5 Center-Shafted and Rossie(R) -- will be offered exclusively in right-handed versions at a suggested retail price of $150. The new White Steel 2-Ball Blade 2 and 2-Ball Blade Mid Putters will carry a suggested retail price of $215 and $295, respectively. Like the Dual Force 2 Putters, the new White Steel Putter offerings are also expected to be available at retail November 1.
 
WILSON GOLF WINS TWO TECHNOLOGY AWARDS
Wilson Staff Driver
Wilson Golf was honored for its use of nanotechnology in the Pd5 and Dd5 drivers.
One year following the re-launch of the Wilson Staff brand, Golf Tips Magazine has awarded Wilson Golf two GT Tech Awards for the companys use of nanotechnology in Wilson Staff equipment and the introduction of the innovative PhD dimple design in Wilson Staff golf balls.

This is a tribute to the great work of the entire Wilson Staff R & D team, said Angus Moir, global business director, Wilson Golf. With all the new technologies in golf today, it is very difficult to create new technologies that enhance performance, and these two awards from Golf Tips verify the tremendous work of our engineers.
 
For its use of nanotechnology in the Wilson Staff Pd5 and Dd5 drivers and the Wilson Staff golf ball line, Wilson Golf was presented the Trendsetter Award for 2005. Wilson technology is infusing nano-sized particles in the composite crowns of the drivers making them stronger and lighter allowing more weight to be shifted to the desired low and back position. The rubber core chemistry in the Wilson Staff Dx2, Px3 and Tx4 balls is reinforced with nano-sized particles to enhance the overall composite structure for higher strength and consistency, according to Wilson.
 
Golf Tips noted that Wilson is the first company of note to utilize nanotechnology to improve the performance of golf equipment, and also mentioned that Wilson just may have launched the next great trend.
 
Wilson was also the co-winner of the Aerodynamics GT Tech Award for the new PhD dimple design in the Wilson Staff golf balls. The Phd (Pan Head) dimple pattern features just 312 dimples, each larger and almost 50% shallower than most standard dimples. This unique pattern produces higher lift and tighter trajectories, Wilson says. Golf Tips wrote that the Phd dimple is visible technology that works.
 
'Our mantra in research and development is to provide game enhancement technologies for players of all abilities, said Bob Thurman, Director of Research, Wilson Golf. Whether this technology is cutting edge such as Nano materials in our shafts and wood heads or visual such as PhD dimples, the equation remains unchanged: better technologies equal better products which result in better enjoyment of the game for all participants.'
 
ECCO WOMENS GOLF SHOES OFFER FASHION & FUNCTION FOR '06
Danish shoemaker ECCO introduces its Spring/Summer 2006 womens collection of classic, causal and sport model golf shoes featuring five completely new styles alongside several returning favorites.

Worn in competition by dozens of LPGA and Ladies European Tour stars, including Hall of Famer Juli Inkster and LET no. 1 Iben Tinning, this collection features water and weather resistant leather and is made using a direct-injection process unique in the field of golf footwear

These tremendously diverse styles further ECCOs position as an industry trend setter, says ECCO golf division General Manager Per Aagren. The inspired lines, color contrasts and detailing combine with ECCO technology to make the 2006 womens collection our best yet.

Available in many of the seasons most popular colors ' like light purple, peppermint, pink, safari and terracotta '.the 2006 womens golf collection retails for $120 to $180.

The new introductions are:

New Classic Wing Buckle: Smooth and crocodile printed high-grade leathers, color-contrasted piping and a detailed stretchable buckle make for one of the most classically attractive golf shoes on the market. Extreme attention to every design aspect and moisture-wicking linings for an enhanced inner climate help take the traditional wing tip design to a completely new level. ($140 retail; ice white/white, black/white, pink/white, cognac/white, peppermint/white)

Sport Tempo: Marking the convergence of off-course fashion sensibility and on-course performance, this sporty yet feminine design features multiple bands of colorful, high-grade leather wrapped around the shoes front, middle and rear. Highlighting ECCOs unique ability to color-match its transparent, 3D outsole to smooth leather uppers, the Sport Tempo is available in a wide range of colors to go with any style-conscious wardrobe. ($140 retail; black/white, white/black, white/pink, white/terracotta, white/light purple, white/peppermint)

New Classic Saddle GTX: Fresh and feminine, this modern take on the traditional saddle draws inspiration from ECCOs revered World Class Collection. Extended lines appear light to the eye and combine with a fully waterproof GORE-TEX membrane to keep players stylish and prepared for any weather. An advanced TPU outsole with molded teeth ensures optimum traction and grip during all phases of the swing. ($180 retail price; available in white/white, black, ice white, ice white/cognac)

New Classic Hydromax: Extremely stylish and lightweight, this water-resistant shoe continues ECCOs passion for updating classic designs with modern brush strokes. Offering a slimmer mid-sole profile than previous collections, the New Classic Hydromax features elongated, attention-grabbing intertwined bands of contrasted color. A direct-injected, shock-absorbing PU midsole provides firm yet highly flexible support and shapes to match the sole of the foot ensuring comfort round after round. ($150 retail price; available in black, black/white, ice white/safari, bison/cognac)

New Casual Hydromax: Small stitching, color-contrasted pipings, elongated lines and key placement of the ECCO e brand mark highlight this shoe that has quickly become a favorite of ECCOs expansive list of professional staff players. The refreshed style paired with ECCOs water-resistant Hydromax leather, external wrap-around shank system for stability and dual flex channels in the forefoot make this the ideal shoe for discerning players. ($160 retail; available in black/white, delphin/white)
 
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Newsmaker of the Year: No. 1, Justin Thomas

By Golf Channel DigitalDecember 18, 2017, 1:00 pm

He won a major, captured the FedExCup and was named the PGA Tour’s Player of the Year. It should come as no surprise that Justin Thomas holds the top spot on our Newsmakers list for 2017.

Thomas entered the year ranked outside the top 20, and few might have pegged him for a transcendent campaign. But he kicked off January with a win in Hawaii, added another before leaving the Aloha State and never looked back.

Thomas’ seminal moment came in August when he captured the PGA Championship at Quail Hollow for his breakthrough major title. One month after greeting Jordan Spieth behind the final green at Royal Birkdale, this time it was Thomas’ turn to have friends stick around to snap pictures with the trophy that signaled his arrival among golf’s upper echelon.


Full list of 2017 Newsmakers of the Year


In addition to racking up the hardware – five in total, including the inaugural CJ Cup at Nine Bridges in his first start of the new wraparound season – Thomas dazzled with style. His runaway win at the Sony Open included an opening-round 59, and his third-round 63 at Erin Hills marked the first time anyone had ever shot 9 under on a U.S. Open venue.

Thomas’ consistency was rewarded at East Lake, when a runner-up finish at the Tour Championship netted him the season-long title and $10 million prize. It was in the subsequent press conference where he shared the goals list he had written into his cell phone in February, having ticked off nearly every one. It showed a dedicated attention to detail as well the tactical approach with which Thomas had steered his rapid ascent.

Heading into a new year, he’s now very clearly entrenched as one of the world’s best. And as his career progresses, it’s likely we’ll look back at 2017 as the point where Thomas first transformed great potential into eye-popping results.

Win No. 1: Title defense at the CIMB Classic

Article: Thomas (64) rallies to defend CIMB title


Win Nos. 2 and 3: The Hawaiian double

Article: Thomas refuses to let disastrous hole derail TOC win

Article: Worst week ever ends with another title at Sony Open


Record Round No. 1: 59 at the Sony Open

Article: Thomas becomes youngest player to shoot 59

Take a look: Thomas’ scorecard from his amazing 59


Record Round No. 2: 63 at the U.S. Open

Article: Thomas sets U.S. Open record with 9-under 63


Temporary Slide: Open MC makes it three in a row

Watch: Thomas loses club, makes 9, misses Open cut


Mr. Major (and win No. 4): PGA champ at Quail Hollow

Article: Thomas joins the club – the major club


Win No. 5: Dell Technologies Championship

Article: Thomas wins the battle of buddies over Spieth


The $10 Million Man: FedExCup champ


Biggest Win of All? Player of the Year


And One to Grow On: Wins at CJ Cup in 2017-18 season

Article: Thomas caps torrid 12-month run with CJ Cup win


Photo Galleries: Best of ...

Best of: Justin Thomas and Jillian Wisniewski

Best of: Justin Thomas through the years

Getty Images

Newsmakers of the Year: Top 10 in 2017

By Golf Channel DigitalDecember 18, 2017, 12:30 pm

Cabreras win PNC Father/Son Challenge

By Associated PressDecember 17, 2017, 11:36 pm

ORLANDO, Fla. - Angel Cabrera and Angel Cabrera Jr. closed with a 12-under 60 for a three-shot victory in their debut at the PNC Father/Son Challenge.

The Cabreras opened with a 59 at The Ritz-Carlton Golf Club and were challenged briefly by the defending champions, David Duval and Nick Karavites, in the scramble format Sunday. The Argentines went out in 30, and they had a two-shot lead with Cabrera's son came within an inch of chipping in for eagle on the final hole.

They finished at 25-under 199 for a three-shot victory over Duval and Karavites, and Bernhard Langer and Jason Langer. The Langer team won in 2014.

Mark O'Meara and Shaun O'Meara tied for fourth at 21 under with Jerry Pate and Wesley Pate.

Cabrera wasn't even in the field until two-time U.S. Open champion Curtis Strange and his son, Tom Strange, had to withdraw.

Duval and his stepson went out in 28, but the Cabreras regained control by starting the back nine with back-to-back birdies, and then making birdies on the 13th, 14th and 16th. The final birdie allowed them to tie the tournament scoring record.

''This is certain my best week of the year,'' said Cabrera, the 2009 Masters champion and 2007 U.S. Open champion at Oakmont. ''To play alongside all the legends ... as well as playing alongside my son, has been the greatest week of the year.''

The popular event is for players who have won a major championship or The Players Championship. It is a scramble format both days.

In some cases, the major champions lean on the power of their sons for the distance. O'Meara said Saturday that his ''little man'' hit it 58 yards by him on the 18th. And on Sunday, Stewart Cink said son Reagan told him after outdriving him on the opening four holes, ''In this tournament I may be your son, but right now I'm your Daddy!''

Jack Nicklaus played with his grandson, G.T. They closed with a 64 and tied for 15th in the field of 20 teams.

Rose wins; Aphibarnrat earns Masters bid in Indonesia

By Will GrayDecember 17, 2017, 1:59 pm

Justin Rose continued his recent run of dominance in Indonesia, while Kiradech Aphibarnrat snagged a Masters invite with some 72nd-hole dramatics.

Rose cruised to an eight-shot victory at the Indonesian Masters, carding bookend rounds of 10-under 62 that featured a brief run at a 59 during the final round. The Englishman was the highest-ranked player in the field and he led wire-to-wire, with Thailand's Phachara Khongwatmai finishing second.

Rose closes out the year as perhaps the hottest player in the world, with top-10 finishes in each of his final 10 worldwide starts. That stretch includes three victories, as Rose also won the WGC-HSBC Champions and Turkish Airlines Open. He hasn't finished outside the top 10 in a tournament since missing the cut at the PGA Championship.

Meanwhile, it took until the final hole of the final tournament of 2017 for Aphibarnrat to secure a return to the Masters. The Thai entered the week ranked No. 56 in the world, with the top 50 in the year-end world rankings earning invites to Augusta National. Needing an eagle on the 72nd hole, Aphibarnrat got just that to snag solo fifth place.

It means that he is projected to end the year ranked No. 49, while Japan's Yusaku Miyazato - who started the week ranked No. 58 and finished alone in fourth - is projected to finish No. 50. Aphibarnrat finished T-15 in his Masters debut in 2016, while Miyazato will make his first appearance in the spring.

The results in Indonesia mean that American Peter Uihlein and South Africa's Dylan Frittelli are projected to barely miss the year-end, top-50 cutoff. Their options for Masters qualification will include winning a full-point PGA Tour event in early 2018 or cracking the top 50 by the final March 25 cutoff.