Horseshoe Lace Stitch Pattern

Knitted in a multiple of 10 sts, + 1 and 8-row repeat.
Row 1 - RS: * K1, yo, k3, S2KP, k3, yo; rep from * to last st, k1.
Row 2 and all wrong side rows: Purl all sts.
Row 3: * K2, yo, k2, S2KP, k2, yo, k1; rep from * to last st, k1.
Row 5: * K3, yo, k1, S2KP, k1, yo, k2; rep from * to last st, k1.
Row 7: * K4, yo, S2KP, yo, k3; rep from * to last st, k1.

Knitting abbreviations:
K, P: Knit, purl | Yarn over: Yo.
S2KP: Slip 2 sts together, knit 1, pass 2 slipped stitches over.