human
2022 selling costs increased $5.4 million to $17.1 million in 2005 from $11.7 million in 2004. this increase was due to increased headcount in our sales force and startup costs associated with our international growth initiatives. as a percentage of net revenues, selling costs increased to 6.1% (6.1%) in 2005 from 5.7% (5.7%) in 2004 due to the increased costs described above. 2022 payroll and related costs (excluding those specifically related to marketing and selling) increased $8.6 million to $26.9 million in 2005, from $18.3 million in 2004. the increase during 2005 was due to the following initiatives: we began to build our team to design and source our footwear line, which we expect to offer for the fall 2006 season, we added personnel to our information technology team to support our company-wide initiative to upgrade our information systems, we incurred equity compensation costs, we added personnel to operate our 3 new retail outlet stores, and we invested in the personnel needed to enhance our compliance function and operate as a public company. as a percentage of net revenues, payroll and related costs (excluding those specifically related to marketing and selling) increased to 9.6% (9.6%) in 2005 from 8.9% (8.9%) in 2004 due to the items described above. 2022 other corporate costs increased $7.2 million to $25.5 million in 2005, from $18.3 million in 2004. this increase was attributable to higher costs in support of our footwear initiative, freight and duty related to increased canada sales, expansion of our leased corporate office space and distribution facility, and necessary costs associated with being a public company. as a percentage of net revenues, other corporate costs were 9.1% (9.1%) in 2005, which is a slight increase from 8.9% (8.9%) in 2004 due to the items noted above. income from operations increased $10.5 million, or 41.4% (41.4%), to $35.9 million in 2005 from $25.4 million in 2004. income from operations as a percentage of net revenues increased to 12.7% (12.7%) in 2005 from 12.4% (12.4%) in 2004. this increase was a result of an increase in gross margin partially offset by an increase in selling, general and administrative expenses as a percentage of net revenues. interest expense, net increased $1.6 million to $2.9 million in 2005 from $1.3 million in 2004. this increase was primarily due to higher average borrowings and a higher effective interest rate under our revolving credit facility prior to being repaid in november 2005 with proceeds from the initial public offering. provision for income taxes increased $5.5 million to $13.3 million in 2005 from $7.8 million in 2004. for the year ended december 31, 2005 our effective tax rate was 40.2% (40.2%) compared to 32.3% (32.3%) in 2004. this increase was primarily due to an increase in our effective state tax rate, which reflected reduced state tax credits earned as a percentage of income before taxes. net income increased $3.4 million to $19.7 million in 2005 from $16.3 million in 2004, as a result of the factors described above. year ended december 31, 2004 compared to year ended december 31, 2003 net revenues increased $89.8 million, or 77.8% (77.8%), to $205.2 million in 2004 from $115.4 million in 2003. the increase was a result of increases in both our net sales and license revenues as noted in the product category table below. .
|  | Year Ended December 31, |
| <i>(In thousands)</i> | 2004 | 2003 | $ Change | % Change |
| Mens | $151,962 | $92,197 | $59,765 | 64.8% |
| Womens | 28,659 | 10,968 | 17,691 | 161.3% |
| Youth | 12,705 | 8,518 | 4,187 | 49.2% |
| Accessories | 7,548 | 2,072 | 5,476 | 264.3% |
| Total net sales | 200,874 | 113,755 | 87,119 | 76.6% |
| License revenues | 4,307 | 1,664 | 2,643 | 158.8% |
| Total net revenues | $205,181 | $115,419 | $89,762 | 77.8% |
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Please answer the following question with expressions if necessary.
what growth rate does this represent?
assistant
subtract(205181, 115419), divide(#0, 115419)