With shorter circular needle, cast on 84 sts.
Join, place marker for beg of rnd.
Work in St st worked in the rnd (k every rnd) for 10 rnds.
Note: Markers you place on the next rnd should be a different color than the beg of rnd marker. Change to longer circular needle when sts have been sufficiently increased.
Next Rnd: *K3, place split ring marker in next st and knit it; rep from * around.
Inc Rnd: *K to marked st, (k1, p1, k1) all in marked st, move marker to center st of these last 3; rep from * around - 126 sts; 5 sts between each marked st.
Work in St st for 5 rnds.
Rep last 6 rnds 3 more times - 252 sts on last rnd worked.
Continue as established, rep Inc Rnd every 8th rnd twice - 336 sts when all increases have been completed.
Rep Inc Rnd - 378 sts at end of this rnd.
P one rnd.
K one rnd.
Rep last 2 rnds once more.
Picot Bind Off Rnd: Bind off 2 sts, *slip st back to left hand needle and cast on 3 sts using Cable Cast On method, bind off 7 sts; rep from * to last 3 sts, slip st back to left hand needle and cast on 3 sts using Cable Cast On method, bind off rem sts.
Weave in ends.