Simple Pleasures Hat With Ribbed Hemmed Brim

Materials
Worsted weight (Medium:4) yarn, about 135 yds/123 m
(shown is 1 skein Red Heart Unforgettable, Medium:4, 3.5 oz/100 g, 270 yards/246 m, colorway: Parrot)
US 7 (4.5 mm) 16-inch circular needle.
US 7 (4.5 mm) double pointed needle set.
Row marker.
8 stitch markers of a different style or color from the row marker.

Cast On: 72 stitches using provisional cast on.
Row 1-8: *k1, p1, repeat from * to end of row.
Row 9: purl
Row 10-18: *p1, k1, repeat from * to end of row.
Row 19: pick up stitches from provisional cast on onto a double pointed needle. Transfer the first stitch of the provisional cast on to the working needle and knit it and the first stitch on the working needle together (k2tog). Transfer the next stitch from the provisional cast on to the working needle and purl it and the next stitch on the working needle together (p2tog). Repeat this process until all the working stitches and provisional cast on stitches have been knitted or purled together.
Row 20: *k3, kfb, repeat from * to end of row (90 stitches)
Row 21: *k9, kf b, repeat from * to end of row (99 stitches)
Row 22:  Knit.
Continue knitting in the round until piece measures 8 inches from top to bottom, then work decreases.

Decreases:
Row 1: *k11, place marker, repeat from * to end of row.
Row 2: *ssk, k9, repeat from * to end of row (90 stitches).
Row 3: *ssk, k8, repeat from * to end of row (81 stitches).
Row 4: *ssk, k7, repeat from * to end of row (72 stitches).
Row 5: *ssk, k6, repeat from * to end of row (63 stitches).
Row 6: *ssk, k5, repeat from * to end of row (54 stitches).
Row 7: *ssk, k4, repeat from * to end of row (45 stitches).
Row 8: *ssk, k3, repeat from * to end of row (36 stitches).
Row 9: *ssk, k2, repeat from * to end of row (27 stitches).
Row 10: *ssk, k1, repeat from * to end of row (18 stitches).
Row 11: *ssk, repeat from * to end of row (9 stitches).
Row 12: ssk x 4, k1. (5 stitches).
Cut yarn leaving a tail long enough to pull through all the stitches on the needle, draw them tight and fasten them off. Weave in yarn end. Enjoy.