Volcom’s net income went up by 15 percent to $7,153,000 in the 4th quarter ended Dec. 31 as sales jumped by 36 percent to $40,457,000. The gross margins grew by 100 basis points to 48.6 percent. Over the full year, net income grew by 19 percent to $29,337,000. Revenues rose by 47 percent to $156,716,000 and the gross margins improved by 220 basis points to 51.9 percent.