Profit increased 27.4 percent in the first quarter.
Day: May 4, 2016
First quarter U.S. sales down 40.6 percent year-over-year.
The acquisition expands the company's opportunities in Nevada.
Company also reports sales down 13.1 percent for the first quarter.
Company acquired Pramac during quarter.
Fourth-quarter sales were up 3.9 percent year-over-year.