Report Preview Details

0001104659-11-047198.txt : 20110816 0001104659-11-047198.hdr.sgml : 20110816 20110816150725 ACCESSION NUMBER: 0001104659-11-047198 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 15 CONFORMED PERIOD OF REPORT: 20110702 FILED AS OF DATE: 20110816 DATE AS OF CHANGE: 20110816 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SUPREME INDUSTRIES INC CENTRAL INDEX KEY: 0000350846 STANDARD INDUSTRIAL CLASSIFICATION: TRUCK & BUS BODIES [3713] IRS NUMBER: 751670945 STATE OF INCORPORATION: DE FISCAL YEAR END: 1225 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-08183 FILM NUMBER: 111039791 BUSINESS ADDRESS: STREET 1: P O BOX 237 STREET 2: 2581 EAST KERCHER ROAD CITY: GOSHEN STATE: IN ZIP: 46528 BUSINESS PHONE: 5746423070 MAIL ADDRESS: STREET 1: P O BOX 237 STREET 2: 2581 EAST KERCHER ROAD CITY: GOSHEN STATE: IN ZIP: 46528 FORMER COMPANY: FORMER CONFORMED NAME: EXPLORATION SURVEYS INC DATE OF NAME CHANGE: 19850813 10-Q 1 a11-13990_110q.htm QUARTERLY REPORT PURSUANT TO SECTIONS 13 OR 15(D)

Table of Contents

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

(Mark One)

x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended July 2, 2011

o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from to

Commission File Number: 1-8183

SUPREME INDUSTRIES, INC.

(Exact name of registrant as specified in its charter)

Delaware

75-1670945

(State or other jurisdiction of

incorporation or organization)

(I.R.S. Employer Identification No.)

2581 E. Kercher Rd., P.O. Box 237, Goshen, Indiana 46528

(Address of principal executive offices) (Zip Code)

Registrant’s telephone number, including area code: (574) 642-3070

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes x No o

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes x No o

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.

Large accelerated filer o		Accelerated filer o

Non-accelerated filer o		Smaller reporting company x

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes o No x

Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date.

Common Stock ($.10 Par Value)		Outstanding at July 28, 2011
Class A		13,087,104
Class B		1,716,937

Table of Contents

SUPREME INDUSTRIES, INC.

CONTENTS

			Page No.
PART I.	FINANCIAL INFORMATION

ITEM 1.		Financial Statements.	1

		Consolidated Balance Sheets	1

		Consolidated Statements of Operations	3

		Consolidated Statements of Cash Flows	4

		Notes to Consolidated Financial Statements	5

ITEM 2.		Management’s Discussion and Analysis of Financial Condition and Results of Operations.	11

ITEM 3.		Quantitative and Qualitative Disclosures About Market Risk.	21

ITEM 4.		Controls and Procedures.	22

PART II.	OTHER INFORMATION

ITEM 1.		Legal Proceedings.	23

ITEM 1A.		Risk Factors.	23

ITEM 2.		Unregistered Sales of Equity Securities and Use of Proceeds.	23

ITEM 3.		Defaults Upon Senior Securities.	23

ITEM 4.		Reserved.	23

ITEM 5.		Other Information.	23

ITEM 6.		Exhibits.	24

SIGNATURES

INDEX TO EXHIBITS

EXHIBITS

Table of Contents

PART I. FINANCIAL INFORMATION

ITEM 1. FINANCIAL STATEMENTS.

Supreme Industries, Inc. and Subsidiaries

Consolidated Balance Sheets

	July 2,		December 25,
	2011		2010
	(Unaudited)
ASSETS

Current assets:
Cash and cash equivalents	$	207,213	$	1,050,047
Investments	942,705		1,208,831
Accounts receivable, net	31,396,525		21,305,281
Inventories	43,696,722		35,676,353
Other current assets	9,364,340		9,203,427

Total current assets	85,607,505		68,443,939

Property, plant and equipment, at cost	79,724,735		78,815,303
Less, Accumulated depreciation and amortization	47,307,193		45,760,412

Property, plant and equipment, net	32,417,542		33,054,891

Other assets	767,415		38,624

Total assets	$	118,792,462	$	101,537,454

See accompanying notes to consolidated financial statements.

Table of Contents

Supreme Industries, Inc. and Subsidiaries

Consolidated Balance Sheets, Concluded

	July 2,		December 25,
	2011		2010
	(Unaudited)
LIABILITIES AND STOCKHOLDERS’ EQUITY

Current liabilities:
Current maturities of long-term debt	$	24,524,718	$	25,874,365
Trade accounts payable	27,849,730		11,571,902
Accrued income taxes	1,029,755		1,040,096
Other accrued liabilities	9,207,451		10,347,567

Total current liabilities	62,611,654		48,833,930

Long-term debt	4,230,975		770,847

Total liabilities	66,842,629		49,604,777

Stockholders’ equity	51,949,833		51,932,677

Total liabilities and stockholders’ equity	$	118,792,462	$	101,537,454

See accompanying notes to consolidated financial statements.

Table of Contents

Supreme Industries, Inc. and Subsidiaries

Consolidated Statements of Operations (Unaudited)

	Three Months Ended						Six Months Ended
	July 2,			June 26,			July 2,			June 26,
	2011			2010			2011			2010

Net sales	$	94,063,962		$	58,894,666		$	162,463,937		$	104,936,936
Cost of sales	86,088,469			52,753,244			147,965,291			94,949,213
Gross profit	7,975,493			6,141,422			14,498,646			9,987,723

Selling, general and administrative expenses	6,909,473			5,555,471			13,907,437			11,073,933
Other income	(393,851		)	(157,121		)	(454,604		)	(345,485		)
Legal settlement and related costs	1,868,648			114,552			2,182,091			156,711
Operating income (loss)	(408,777		)	628,520			(1,136,278		)	(897,436		)

Interest expense	452,712			342,728			732,571			836,500
Income (loss) from continuing operations before income taxes	(861,489		)	285,792			(1,868,849		)	(1,733,936		)

Income tax expense	—			—			—			—
Income (loss) from continuing operations	(861,489		)	285,792			(1,868,849		)	(1,733,936		)

Discontinued operations
Operating loss of discontinued motorhome operations	—			(143,970		)	—			(138,766		)
Operating loss of discontinued Oregon operations	(334,706		)	(303,887		)	(691,845		)	(697,771		)
Net loss	$	(1,196,195	)	$	(162,065	)	$	(2,560,694	)	$	(2,570,473	)

Other comprehensive income	3,163			135,805			6,611			241,585
Total comprehensive loss	$	(1,193,032	)	$	(26,260	)	$	(2,554,083	)	$	(2,328,888	)

Loss Per Share:
Income (loss) from continuing operations	$	(0.06	)	$	0.02		$	(0.13	)	$	(0.12	)
Loss from discontinued operations	(0.02		)	(0.03		)	(0.05		)	(0.06		)
Net loss	$	(0.08	)	$	(0.01	)	$	(0.18	)	$	(0.18	)

Shares used in the computation of loss per share:
Basic	14,590,397			14,292,955			14,471,570			14,274,747
Diluted	14,590,397			14,292,955			14,471,570			14,274,747

See accompanying notes to consolidated financial statements.

Table of Contents

Supreme Industries, Inc. and Subsidiaries

Consolidated Statements of Cash Flows (Unaudited)

	Six Months Ended
	July 2,			June 26,
	2011			2010
Cash flows from operating activities:
Net loss	$	(2,560,694	)	$	(2,570,473	)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization	1,911,607			1,975,391
Issuance of treasury stock	2,184,000			—
Provision for losses on doubtful receivables	46,065			61,768
Stock-based compensation expense	347,528			278,288
Losses (gains) on sale of property, plant and equipment, net	(275,625		)	4,283
Changes in operating assets and liabilities	(3,720,636		)	(1,905,516		)

Net cash used in operating activities	(2,067,755		)	(2,156,259		)

Cash flows from investing activities:
Additions to property, plant and equipment	(888,107		)	(607,236		)
Proceeds from sale of property, plant and equipment	418,890			611,249
Purchases of investments	—			(998,559		)
Proceeds from sales of investments	272,739			571,996
Decrease (increase) in other assets	(18,791		)	4,373

Net cash used in investing activities	(215,269		)	(418,177		)

Cash flows from financing activities:
Proceeds from revolving line of credit and long-term debt	57,144,275			34,825,856
Repayments of revolving line of credit and long-term debt	(55,743,794		)	(33,393,823		)
Proceeds from exercise of stock options	39,709			2,500

Net cash provided by financing activities	1,440,190			1,434,533

Change in cash and cash equivalents	(842,834		)	(1,139,903		)

Cash and cash equivalents, beginning of period	1,050,047			1,222,411

Cash and cash equivalents, end of period	$	207,213		$	82,508

See accompanying notes to consolidated financial statements.

Table of Contents

NOTE 1 — BASIS OF PRESENTATION AND OPINION OF MANAGEMENT

The accompanying unaudited consolidated condensed financial statements have been prepared in accordance with the instructions to Form 10-Q and therefore do not include all of the information and financial statement disclosures necessary for a fair presentation of consolidated financial position, results of operations, and cash flows in conformity with accounting principles generally accepted in the United States of America. In the opinion of management, the information furnished herein includes all adjustments necessary to reflect a fair statement of the interim periods reported. The December 25, 2010 consolidated balance sheet data was derived from audited financial statements, but does not include all disclosures required by accounting principles generally accepted in the United States of America. References to “we,” “us,” “our,” “its,” “Supreme,” or the “Company” refer to Supreme Industries, Inc. and its subsidiaries.

The Company has adopted a 52- or 53-week fiscal year ending the last Saturday in December. The results of operations for the three months ended July 2, 2011 and June 26, 2010 are for 13-week periods. The results of operations for the six months ended July 2, 2011 and June 26, 2010 are for 27- and 26-week periods, respectively.

NOTE 2 — DISCONTINUED OPERATIONS

Effective December 25, 2010, the Company decided to cease operations at its Woodburn, Oregon manufacturing facility. The Oregon operations were discontinued due to the Company’s decision to exit this unprofitable geographic region. In light of a persistently difficult market and challenging cost structure, the Company is working with customers to meet existing commitments. The amount of Oregon business expected to be retained is insignificant. The Oregon facility and equipment are classified as held for sale as of July 2, 2011 and December 25, 2010 and are included in other current assets in the accompanying balance sheet.

The 2011 operating results for the Woodburn, Oregon location are classified as discontinued operations, and prior years’ operating results have been reclassified to discontinued operations as follows:

	Three Months Ended						Six Months Ended
	July 2, 2011			June 26, 2010			July 2, 2011			June 26, 2010
Net sales	$	465,193		$	1,649,520		$	3,285,848		$	4,104,067
Pretax loss from operations	$	(334,706	)	$	(303,887	)	$	(691,845	)	$	(697,771	)
Net loss	$	(334,706	)	$	(303,887	)	$	(691,845	)	$	(697,771	)

In the fourth quarter of 2009, the Company terminated its Silver Crown luxury motorhome product line. This decision was triggered by a significant reduction of new motorhome sales orders and the cancellation of sales orders due to the extremely tight credit markets caused by the economic recession. The Company decided to exit the motorhome product line as part of a plan to focus on core truck, bus and armored products and to reduce overall fixed costs.

Table of Contents

The Silver Crown facility in White Pigeon, Michigan is classified as held for sale as of July 2, 2011 and December 25, 2010 and is included in other current assets in the accompanying balance sheet. Any losses incurred in 2011 related to the wind-down of the operations are expected to be insignificant and will be reflected as continuing operations in the 2011 Statement of Operations.

The 2010 operating results for the Silver Crown division are classified as discontinued operations as follows:

	Three Months Ended			Six Months Ended
	June 26, 2010			June 26, 2010
Net sales	$	—		$	1,567,977
Pretax loss from operations	$	(143,970	)	$	(138,766	)
Net loss	$	(143,970	)	$	(138,766	)

NOTE 3 — INVENTORIES

Inventories, which are stated at the lower of cost or market with cost determined using the first-in, first-out method, consist of the following:

	July 2,		December 25,
	2011		2010
Raw materials	$	24,957,062	$	18,954,303
Work-in-progress	5,967,299		6,512,602
Finished goods	12,772,361		10,209,448
	$	43,696,722	$	35,676,353

NOTE 4 — FAIR VALUE MEASUREMENT

Generally accepted accounting principles (“GAAP”) define fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. GAAP also establishes a fair value hierarchy which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. The standard describes three levels of inputs that may be used to measure fair value:

Level 1: Quoted prices (unadjusted) for identical assets or liabilities in active markets that the entity has the ability to access as of the measurement date.

Level 2: Significant other observable inputs other than Level 1 prices such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data.

Level 3: Significant unobservable inputs that reflect a company’s own assumptions about the assumptions that market participants would use in pricing an asset or liability.

Table of Contents

The Company used the following methods and significant assumptions to estimate the fair value of items:

Investments: The fair values of investments available-for-sale are determined by obtaining quoted prices on nationally recognized securities exchanges (Level 1 inputs).

The carrying amounts of cash and cash equivalents, accounts receivable, and trade accounts payable approximated fair value as of July 2, 2011 and December 25, 2010, because of the relatively short maturities of these financial instruments. The carrying amount of long-term debt, including current maturities, approximated fair value as of July 2, 2011 and December 25, 2010, based upon terms and conditions available to the Company at those dates in comparison to the terms and conditions of its outstanding long-term debt.

NOTE 5 — REVOLVING LINE OF CREDIT

On October 18, 2010 Supreme Industries, Inc. entered into an Amended and Restated Credit Agreement (the “Credit Agreement”) with JPMorgan Chase Bank, N.A. (the “Lender”), which agreement was effective as of September 30, 2010.

On March 24, 2011, the Company entered into a First Amendment to Amended and Restated Credit Agreement (the “First Amendment”). Under the First Amendment, the revolving commitment amount under the Credit Agreement was lowered to $25,000,000, and such revolving commitment amount continues to reduce on a monthly basis beginning April 15, 2011.

Also pursuant to the First Amendment, on March 24, 2011, the Lender agreed to make certain term loans in the aggregate principal amount of $4,000,000, due December 31, 2011, which term loans were funded on March 31, 2011. In connection with the First Amendment, certain mortgages and deeds of trust were executed on additional real property to secure the revolving line of credit and term loans.

Under the First Amendment, the minimum tangible net worth requirements and the minimum EBITDA requirements were revised, and the Company was in compliance with all financial covenants in the Credit Agreement at July 2, 2011.

Additional events of default were added by the First Amendment. These additional events of default included: (i) the Company’s failure to receive a $3,000,000 payment from a required sale-leaseback transaction involving the Company’s California manufacturing facility, sale of real estate, or the issuance of subordinated debt or equity capital by May 2, 2011; (ii) the suspension, withdrawal, termination, or reduction of the Company’s OEM chassis bailment pool; or (iii) the settlements of any claims or causes of action for amounts in excess of any amounts covered by insurance if such excess amounts are in excess of the reserves for such claims or causes of action on March 24, 2011 or the aggregate amount of all settlement payments is in excess of $250,000. Any violations of such additional events of default were waived pursuant to the terms of the Second and Third Amendments (as such terms are defined below).

On May 12, 2011, the Company and its subsidiaries entered into a Second Amendment to the Credit Agreement and Amendment to Security Agreements (the “Second Amendment”) with the Lender. Pursuant to the Second Amendment, Lender consented to the sale and concurrent leaseback by Supreme Indiana Operations, Inc. (“Supreme Indiana”) of its California manufacturing facility (the “California Real Estate”) to BFG2011 Limited Liability Company (“a related party”) (“Purchaser”) (the “Sale Leaseback Transaction”).

Table of Contents

In connection with the Sale Leaseback Transaction, Lender agreed to execute and deliver releases of its mortgage liens on the California Real Estate. Lender also agreed to (i) lower the amount of net proceeds required to be obtained from the Sale Leaseback Transaction from $3,000,000 to $2,800,000 and (ii) extend the date required to enter into the Sale Leaseback Transaction from May 2, 2011 to May 12, 2011.

On June 15, 2011, the Company and its subsidiaries entered into a Third Amendment (the “Third Amendment”) to the Credit Agreement with the Lender. The Credit Agreement prohibits settlements of any claims or causes of action in aggregate amounts exceeding $250,000. Under the terms of the Third Amendment, the Lender approved the Settlement Agreement referred to in Note 9 and waived noncompliance caused by such Settlement Agreement with the Credit Agreement’s $250,000 cap on settlements of any claims or causes of action. In addition, the Third Amendment increased the revolving commitment amount under the Credit Agreement by $3,000,000 beginning June 15, 2011.

Pursuant to the Third Amendment the revolving commitment amount will reduce on a monthly basis. These reductions are intended to be consistent with the Company’s seasonal working capital needs. By August 31, 2011, the revolving commitment amount will be reduced to $14,560,000, unless the Company’s workers compensation letter of credit is returned to the Lender, in which case the revolving commitment amount will only be reduced to $16,560,000. The revolving commitment decreases further to $14,230,000 or $16,230,000 (if the workers compensation letter of credit is returned to the Lender) by November 30, 2011 and is due and payable December 31, 2011.

As of July 2, 2011, the outstanding balance under the Credit Agreement was $15,000,000 and the Company had unused credit capacity of approximately $9.3 million under its Credit Agreement. Interest on outstanding borrowings under the revolving line of credit and the term loan was based on the bank’s prime rate or LIBOR depending on the pricing option selected and the Company’s leverage ratio, as defined in the Credit Agreement, resulting in an effective rate of 5.75% and 5.09% at July 2, 2011 and December 25, 2010, respectively.

NOTE 6 — LONG TERM DEBT

On March 24, 2011, Supreme Indiana entered into an Option Agreement (the “Option Agreement”) pursuant to which Supreme Indiana granted Barrett Gardner Associates, Inc. (“Barrett Gardner”), an entity which is owned by Messrs. William J. Barrett and Herbert M. Gardner, each a director of the Company, the right to purchase the California Real Estate. On May 12, 2011, Barrett Gardner assigned the Option Agreement to Purchaser. Purchaser is minority owned by Supreme Indiana, which received an equity interest in Purchaser as a portion of the purchase price, and Messrs. William J. Barrett, Herbert M. Gardner and Edward L. Flynn, each a director of the Company. In connection with the Sale Leaseback Transaction, the Company received a fairness opinion issued by a third party valuation consultant stating that the proposed transactions were fair from a financial point of view to the shareholders of the Company.

Table of Contents

In accordance with the Option Agreement, Supreme Indiana and Purchaser entered into a Standard Offer, Agreement and Escrow Instructions for Purchase of Real Estate dated May 3, 2011 (as amended by that certain Amendment to Escrow Instructions dated as of the closing date, the “Purchase Agreement”) in which Purchaser agreed to purchase the California Real Estate for $4,100,000 comprised of the following amounts: (a) a $100,000 deposit made pursuant to the Option Agreement, (b) $3,000,000 paid in cash at the closing, (c) a grant to Supreme Indiana of the 34% equity interest in Purchaser described above valued at $495,000 (included in other assets on the July 2, 2011 balance sheet), and (d) a credit in the amount of $505,000 based on the lack of brokerage commissions and the nature of the transaction. Supreme Indiana paid the closing costs associated with the transaction, including the escrow fees, transfer taxes, title policies and other transaction costs. Supreme Indiana has provided Purchaser with an agreement to indemnify Purchaser from losses, damages and claims arising from the condition of the California Real Estate at closing and a breach by Supreme Indiana of its representations and warranties. Supreme Indiana’s indemnity obligations survive the closing of the sale.

Concurrently with the closing of the sale of the California Real Estate to Purchaser, Supreme Indiana leased from Purchaser the California Real Estate for a term of twenty years pursuant to that certain Air Commercial Real Estate Association Standard Industrial/Commercial Single-Tenant Lease dated as of the closing date (the “Lease”). The base rent for the first five years of the term is $24,000 per month. Base rent will be adjusted after the fifth year of the term to bring the base rent to fair market value and based on any increases in Purchaser’s financing costs. The Lease is a triple net lease, and Supreme Indiana is responsible for all costs relating to the leased premises. Supreme Indiana was granted a purchase option and right of first refusal with respect to the California Real Estate through April 30, 2016. In addition, Supreme Indiana was granted a one-time right of first offer with respect to the California Real Estate that continues until the expiration of the lease term.

Due to the Company’s continuing involvement in the California Real Estate, the Sale Leaseback Transaction was not recognized as a sale of the property. It is instead being accounted for as a financing transaction, and the Company has recorded the receipt of cash, the equity interest in the Purchaser and the related obligation.

The outstanding principal amount of the obligation as of July 2, 2011 is $3.6 million and bears interest at 5.5%. Of this amount $93 thousand and $3.5 million is included in current maturities of long term debt and long term debt, respectively, in the accompanying balance sheet at July 2, 2011.

NOTE 7 — LOSS PER SHARE

The assumed exercise or issuance of 251,614 and 215,861 shares for the three-month periods ending July 2, 2011 and June 26, 2010, respectively, relating to stock plans were not included in the computation of diluted loss per share. The assumed exercise or issuance of 272,543 and 234,068 shares for the six-month periods ending July 2, 2011 and June 26, 2010, respectively, relating to stock plans were not included in the computation of diluted loss per share. Inclusion of these shares in the respective periods would have been antidilutive.

Table of Contents

NOTE 8 — STOCK-BASED COMPENSATION

The following table summarizes the activity for the unvested restricted stock units and restricted stock for the six months ended July 2, 2011:

			Weighted -
			Average
	Number of		Grant Date
	Shares		Fair Value
Unvested, December 25, 2010	24,584		$	3.32
Granted	—		n/a
Vested	(19,445	)	3.86
Unvested, July 2, 2011	5,139		$	1.27

The total fair value of the shares vested during the six months ended July 2, 2011 was $75,019.

A summary of the status of the Company’s outstanding stock options as of July 2, 2011, and changes during the six months ended July 2, 2011, are as follows:

			Weighted -
			Average
	Number of		Exercise
	Shares		Price
Outstanding, December 25, 2010	1,204,715		$	3.83
Granted	—		n/a
Exercised	(26,920	)	1.47
Expired	(7,385	)	7.14
Forfeited	(7,983	)	1.51
Outstanding, July 2, 2011	1,162,427		$	3.88

As of July 2, 2011, outstanding exercisable options had an intrinsic value of $405,237 and a weighted-average remaining contractual life of 4.07 years.

Total unrecognized compensation expense related to all share-based awards outstanding at July 2, 2011, was approximately $394,334 and is to be recorded over a weighted average contractual life of 2.26 years.

NOTE 9 — LITIGATION SETTLEMENT

On January 21, 2009, The Armored Group (“TAG”) filed a complaint against the Company in the Superior Court of the State of Arizona in and for the County of Maricopa alleging breach of oral contract, unjust enrichment, and other claims which complaint was removed to the United States District Court for the District of Arizona. Among other claims, TAG alleged that, under either an oral agreement between it and the Company or the claim of unjust enrichment, the Company has an obligation to pay to TAG a 10% commission on all sales of armored vehicles to the United States Department of State under a contract with the United States Department of State providing for up to $98,000,000 in sales.

Table of Contents

Due to the inherent nature of litigation, and the uncertainty surrounding the ultimate outcome of this case, on May 25, 2011, the Company and TAG signed a Civil Settlement Agreement under the terms of which this lawsuit was dismissed and the Company agreed to: (i) pay to TAG the cash sum of $1,100,000 ($400,000 paid on May 26, 2011, and the balance of $700,000 payable over the next twelve months in the principal amount of $58,333 per month plus accrued interest at 5.75% simple interest); and (ii) issue and deliver to TAG on June 8, 2011, 350,000 shares of the Company’s Class A Common Stock and an additional 350,000 shares on January 15, 2012 for a total cost of $3,284,000. Of this amount, $1,784,000 is reflected as legal settlement and related costs in the current Statement of Operations and $1,500,000 was applied against the accrual established in a prior period. The fair value of the shares was based on the closing stock price on May 25, 2011. Under the terms of the Civil Settlement Agreement, TAG is restricted from selling more than 50,000 shares during any thirty-day period, and the Company is given the first right to purchase any shares that TAG wishes to sell.

ITEM 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS.

Company Overview

Established in 1974 as a truck body manufacturer, Supreme Industries, Inc., through its wholly-owned subsidiary, Supreme Indiana Operations, Inc., is one of the nation’s leading manufacturers of specialized commercial vehicles. The Company engages principally in the production and sale of customized truck bodies, buses, and other specialty vehicles. Building on its expertise in providing both cargo and passenger transportation solutions, the Company’s specialty vehicle offerings include products such as customized armored vehicles and homeland response vehicles.

The Company utilizes a nationwide direct sales and distribution network consisting of approximately 40 bus distributors, a limited number of truck equipment distributors, and approximately 1,000 commercial truck dealers. The Company’s manufacturing and service facilities are located in eight states across the continental United States allowing us to meet the needs of customers across all of North America. Additionally, the Company’s significant customer goodwill, strong brand recognition, extensive product offerings, bailment chassis arrangements, and product innovation competitively positions Supreme in the markets we serve.

The Company and its product offerings are affected by various factors which include, but are not limited to, economic conditions, interest rate fluctuations, volatility in the supply chain of vehicle chassis, and the availability of credit and financing to the Company, our vendors, dealers, or end users. The Company’s business is also affected by the availability and costs of certain raw materials that serve as significant components of its product offerings. The Company’s risk factors are disclosed in Item 1A “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended December 25, 2010 (see Item 1A which follows).

Results of Operations

The following discussion should be read in conjunction with the consolidated financial statements and related notes thereto elsewhere in this document and pertain to continuing operations unless otherwise noted.

Table of Contents

Overview

During the second quarter of 2011, Supreme continued to experience strong demand for its products as evidenced by an increase in sales of approximately 60% compared to the 2010 quarter. A significant portion of the increase in net sales resulted from shipments to major fleet customers.

As a result of the higher net sales, gross profit improved by approximately 30% during the quarter ended July 2, 2011 as compared with the corresponding period in 2010. However, our gross margin percentage was negatively impacted by lower margin fleet business and rising commodity costs.

The Company continued to experience considerably higher than historical levels of general and administrative expenses primarily due to non-recurring charges totaling $1.2 million during the first six months of 2011. The non-recurring charges consisted of consulting fees, bank refinancing expenses, severance costs, and other costs related to certain profit improvement initiatives.

For the second quarter of 2011, exclusive of the legal settlement costs discussed in Note 9 and the non-recurring charges, income from continuing operations was $1.5 million as compared with $0.7 million for the second quarter of 2010.

Our sales backlog remained solid during the second quarter of 2011 and totaled $99 million at quarter end compared with $92 million a year ago.

As previously described, we have identified areas of additional improvements, implemented new processes, and will continue to focus on increasing our gross margins and reducing our operating costs. Significant strategic decisions implemented in the last several months included:

· Closed the Oregon manufacturing facility;

· Closed the Pennsylvania bus manufacturing production line thereby consolidating our bus production into one operation in Indiana;

· Eliminated low margin and low volume product lines;

· Initiated operating management changes at our Pennsylvania and Texas truck operations;

· Further reduced headcount in certain areas of the business;

· Reduced the selling prices of certain idle facilities held for sale to reflect the current (depressed) market values, in an effort to accelerate the disposition of these properties to further reduce our debt levels; and

· Settled a lawsuit as described in Note 9.

Table of Contents

We continue to look for opportunities to make our operations leaner and more profitable. In our efforts to rebound from the severe recession and maintain our position as one of the strongest companies in our industry, we continue to implement our strategies of cost containment, production efficiencies, revenue enhancement, market expansion, and product diversification.

Net Sales

Net sales for the three months ended July 2, 2011 increased $35.2 million, or 59.8%, to $94.1 million as compared with $58.9 million for the three months ended June 26, 2010. Net sales for the six months ended July 2, 2011 increased $57.6 million, or 54.8%, to $162.5 million as compared with $104.9 million for the six months ended June 26, 2010. The following table presents the components of net sales and the changes from period to period:

	Three Months Ended									Six Months Ended
($000’s omitted)	July 2, 2011		June 26, 2010		Change					July 2, 2011		June 26, 2010		Change
Specialized vehicles:
Trucks	$	74,881	$	35,070	$	39,811		113.5	%	$	120,842	$	56,896	$	63,946		112.4	%
Buses	14,117		15,809		(1,692		)	-10.7		30,210		34,063		(3,853		)	-11.3
Armored vehicles	4,448		6,615		(2,167		)	-32.9		10,211		11,624		(1,413		)	-12.3
	93,446		57,494		35,952			62.5		161,263		102,583		58,680			57.2
Composites	618		1,401		(783		)	-55.9		1,201		2,354		(1,153		)	-49.0
	$	94,064	$	58,895	$	35,169		59.7	%	$	162,464	$	104,937	$	57,527		54.8	%

The truck division sales increase for the three and six month periods was primarily attributable to increased fleet shipments and, to a lesser extent, an improved retail truck market. We continued to experience year-over-year improved backlog for trucks.

Our StarTrans bus division continued to experience lower demand, resulting in a decrease in sales of $1.7 million for the second quarter of 2011 and a decrease in sales of $3.9 million for the first six months of 2011 compared with the corresponding periods of 2010. We anticipate that 2011 second half bus sales will continue to decline as we have experienced softening demand for these products.

The armored vehicles division reflected lower demand with a revenue decrease of $2.2 million, or 33%, as compared to the second quarter of 2010. The decrease was primarily the result of delayed orders from our contract with the U.S. Department of State (DOS) to produce armored Suburbans for embassies abroad. We believe that the DOS business will remain steady from August to year end now that the Federal debt ceiling has been raised. We are encouraged by the positive response we have and continue to receive interest from other governmental agencies regarding our armored product offerings and quality. We are hopeful that this will lead to additional government-related business but we are concerned about government spending reduction efforts which may negatively impact near-term prospective contracts. The cash-in-transit and other armored vehicles business is anticipated to enable us to maintain revenues at first half levels as we continue into the second half of 2011.

Table of Contents

Cost of sales and gross profit

Gross profit increased by $1.9 million, or 31.1%, to $8.0 million for the three months ended July 2, 2011, as compared with $6.1 million for the three months ended June 26, 2010. Gross profit increased by $4.5 million, or 45.0%, to $14.5 million for the six months ended July 2, 2011, as compared with $10.0 million for the six months ended June 26, 2010. The following table presents the components of cost of sales as a percentage of net sales and the changes from period to period:

	Three Months Ended						Six Months Ended
	July 2, 2011		June 26, 2010		Percent Change		July 2, 2011		June 26, 2010		Percent Change
Material	64.2	%	58.1	%	6.1	%	62.5	%	57.1	%	5.4	%
Direct Labor	13.4		14.1		(0.7	)	13.6		14.4		(0.8	)
Overhead	11.9		15.0		(3.1	)	12.9		16.4		(3.5	)
Delivery	2.0		2.4		(0.4	)	2.1		2.6		(0.5	)
Cost of sales	91.5		89.6		1.9		91.1		90.5		0.6
Gross profit	8.5	%	10.4	%	(1.9	)%	8.9	%	9.5	%	(0.6	)%

Material — Material cost as a percentage of net sales increased by 6.1% and 5.4% for the three and six months ended July 2, 2011 as compared with the corresponding periods in 2010. The increase in the material percentage was due in part to a higher mix of fleet units shipped by our truck division and due to the increased cost of certain raw material commodities. Fleet units historically have a higher material cost as a percentage of net sales, due to a lower selling price, but require less direct labor than customized retail trucks. Additionally, the retail truck and bus markets continued to experience a very competitive pricing environment placing downward pressure on gross margins.

The potential for future raw material cost increases for certain commodities (including but not limited to aluminum, steel, and wood) — remains a concern for the Company. We closely monitor all major commodities and periodically review the financial stability of our primary vendors. The Company will continue to address certain raw material cost escalations by also increasing the price of our products as necessary and as our markets will accept them.

Direct Labor — Direct labor as a percentage of net sales decreased by 0.7% and 0.8% for the three and six months ended July 2, 2011 as compared with the corresponding periods in 2010. The decrease in the direct labor percentage was due to efficiencies gained by producing increased quantities of similar fleet units. Fleet units typically are less customized than special-purpose retail trucks and require fewer direct labor hours to produce.

Overhead — Manufacturing overhead as a percentage of net sales decreased by 3.1% and 3.5% for the three and six months ended July 2, 2011 as compared with the corresponding periods in 2010. The overall overhead percentage declined due to the fixed nature of certain overhead expenses that do not fluctuate with sales volume changes.

Delivery — Delivery as a percentage of net sales decreased by 0.4% and 0.5% for the three and six months ended July 2, 2011, as compared with the corresponding period in 2010. The Company continues to explore more cost-effective delivery methods to mitigate the adverse impact of ongoing high fuel costs.

Table of Contents

Selling, general and administrative expenses

Selling, general and administrative (“G&A”) expenses increased by $1.3 million, or 23.2%, to $6.9 million for the three months ended July 2, 2011, as compared with $5.6 million for the three months ended June 26, 2010. Selling, general and administrative expenses increased by $2.8 million, or 25.2%, to $13.9 million for the six months ended July 2, 2011, as compared with $11.1 million for the six months ended June 26, 2010. The following table presents selling and G&A expenses as a percentage of net sales and the changes from period to period:

	Three Months Ended												Six Months Ended
($000’s omitted)	July 2, 2011				June 26, 2010				Change				July 2, 2011				June 26, 2010				Change
Selling expenses	$	2,164	2.3	%	$	2,021	3.4	%	$	143	(1.1	)%	$	4,602	2.8	%	$	3,942	3.8	%	$	660	(1.0	)%
G&A expenses	4,745		5.0		3,534		6.0		1,211		(1.0	)	9,305		5.8		7,132		6.8		2,173		(1.0	)
Total	$	6,909	7.3	%	$	5,555	9.4	%	$	1,354	(2.1	)%	$	13,907	8.6	%	$	11,074	10.6	%	$	2,833	(2.0	)%

Selling expenses — Selling expenses as a percentage of net sales decreased by 1.1% and 1.0% for the three and six months ended July 2, 2011, as compared with the corresponding periods in 2010. This decrease reflects the steps taken over the course of the year that increased the productivity and effectiveness of our sales and marketing resources. The overall increase in dollars for the period was primarily attributable to higher commission expenses resulting from the increase in the net sales volume.

G&A expenses — G&A expenses as a percentage of net sales decreased by 1.0% for both the three and six months ended July 2, 2011 as compared with the corresponding periods in 2010. The increase in dollars was primarily attributable to a variety of restructuring, refinancing, and profit improvement initiatives including the costs to engage consulting firms supporting the aforementioned efforts. Additionally, as a result of changes in senior management, payroll and related benefits increased in the 2011 periods compared to the 2010 periods.

Other income

For the three months ended July 2, 2011, other income was $0.4 million as compared with $0.2 million for the three months ended June 26, 2010. For the six months ended July 2, 2011, other income was $0.5 million as compared with $0.3 million for the six months ended June 26, 2010. Other income consisted of rental income, gain or loss on sale of assets, and other miscellaneous income received by the Company. During the second quarter of 2011, the Company realized a gain of approximately $0.3 million on the sale of its aircraft.

Legal settlement and related costs

The Company settled a lawsuit during the second quarter of 2011. The legal settlement and related costs were $1.9 million and $2.2 million for the three and six months ended July 2, 2011 as compared with $0.1 million and $0.2 million for the three and six months ended June 26, 2010 (see Note 9).

Table of Contents

Interest expense

Interest expense was $0.5 million for the three months ended July 2, 2011 compared with $0.3 million for the three months ended June 26, 2010. Interest expense was $0.7 million for the six months ended July 2, 2011 compared with $0.8 million for the six months ended June 26, 2010. A year-over-year reduction in chassis interest expense was partially attributable to measures implemented to improve bailment chassis inventory management. The Company continuously monitors the age of consigned chassis with the objective of minimizing chassis interest expense. The bank interest expense reflected lower debt levels. This was somewhat offset by higher (performance-based) pricing provisions under our bank credit facility as recent operating losses triggered an increase in interest rates.

Income taxes

For the three and six months ended July 2, 2011 and June 26, 2010 the Company recorded deferred tax assets for the net operating losses generated. The Company fully utilized its federal net operating loss carryback benefits during its 2009 tax year. The ultimate realization of these deferred tax assets is dependent upon future taxable income. Given the accumulated net operating losses in the prior years, it is currently more likely than not that these deferred tax assets will not be realized. Accordingly, after consideration of these factors, the Company provided a valuation allowance for the deferred tax assets net of the deferred tax liabilities expected. The valuation allowance does not impact the Company’s ability to utilize its net operating loss carryforwards to offset taxable earnings in the future.

Net loss from continuing operations

Net loss from continuing operations increased by $1.2 million to $0.9 million (1.0% of net sales) for the three months ended July 2, 2011 from net income of $0.3 million (0.5% of net sales) for the three months ended June 26, 2010. Net loss from continuing operations increased by $0.2 million to $1.9 million (-1.2% of net sales) for the six months ended July 2, 2011 from a net loss of $1.7 million (1.6% of net sales) for the six months ended June 26, 2010.

Discontinued Operations

The Company decided to discontinue its Oregon operations in December of 2010 and its Silver Crown luxury motorhome business during the fourth quarter of 2009. The Company has reclassified prior period results accordingly as discontinued operations for the two operations. The Oregon operations were ceased in the first quarter of 2011 due to the Company’s decision to exit this unprofitable geographic region. The after-tax loss from the discontinued operations related to our Oregon operations was $0.3 million and $0.7 million for the three and six months ended July 2, 2011 and $0.3 million and $0.7 million for the three and six months ended June 26, 2010. The Silver Crown operations were terminated as a result of the unprecedented tight credit markets caused by the severe economic recession which led to a significant reduction of new motorhome orders and the cancellation of existing orders. The after-tax loss from discontinued operations related to our Silver Crown recreational vehicle division was $0.1 million for both the three and six months ended June 26, 2010.

Table of Contents

Basic and diluted loss per share

The following table presents basic and diluted loss per share and the changes from period to period:

	Three Months Ended									Six Months Ended
	July 2, 2011			June 26, 2010			Change			July 2, 2011			June 26, 2010			Change
Basic and diluted net loss per share:
Income (loss) from continuing operations	$	(0.06	)	$	0.02		$	(0.08	)	$	(0.13	)	$	(0.12	)	$	(0.01	)
Loss from discontinued operations	(0.02		)	(0.03		)	0.01			(0.05		)	(0.06		)	0.01

Net Loss	$	(0.08	)	$	(0.01	)	$	(0.07	)	$	(0.18	)	$	(0.18	)	$	(0.00	)

Liquidity and Capital Resources

Cash Flows

The Company’s primary sources of liquidity have been cash flows from operating activities and borrowings under a credit facility entered into by Supreme Indiana Operations, Inc., the Company’s wholly-owned subsidiary, and certain of its affiliates. Principal uses of cash have been to fund recent operating losses, support working capital needs, meet debt service requirements, and fund capital expenditure needs.

Operating activities

Cash flows from operations represent the net loss sustained in the reported periods adjusted for non-cash charges and changes in operating assets and liabilities. Operating activities used $2.1 million of cash for the six months ended July 2, 2011 as compared with cash used of $2.2 million for the six months ended June 26, 2010. During the first six months of 2011, our net loss, adjusted for depreciation and amortization, reduced cash flows by $0.6 million. Cash used by operating activities was unfavorably impacted by an $8.0 million increase in inventories due to seasonally higher production levels to support the increased backlog and the increased sales volume and an increase in accounts receivable totaling $10.1 million due to the higher sales volume. This was offset by a $16.3 million increase in trade accounts payable. The Company’s asset management continued to improve as our cash flow cycle was reduced by approximately 29 days, or 45%, when compared with the 2010 cash flow cycle.

Investing activities

Cash used by investing activities was $0.2 million for the six months ended July 2, 2011 as compared with cash used of $0.4 million for the six months ended June 26, 2010. During the first six months of 2011, the Company received $0.4 million from the sale of property, plant, and equipment and had capital expenditures totaling $0.9 million, which consisted primarily of replacement equipment.

Financing activities

Financing activities provided $1.4 million of cash for the six months ended July 2, 2011 as compared with cash provided of $1.4 million for the six months ended June 26, 2010. Pursuant to the First Amendment, on March 24, 2011, the Lender agreed to make certain term loans in the aggregate principal amount of $4,000,000, due December 31, 2011 which was funded on March 31, 2011. Additionally, the Company

Table of Contents

received approximately $2.9 million of net proceeds from the sale-leaseback transaction involving its California manufacturing facility as described in Note 6.

Capital Resources

Table of Contents

Pursuant to the Third Amendment, the revolving commitment amount will reduce on a monthly basis. These reductions are intended to be consistent with the Company’s seasonal working capital needs. By August 31, 2011, the revolving commitment amount will be reduced to $14,560,000, unless the Company’s workers compensation letter of credit is returned to the Lender, in which case the revolving commitment amount will only be reduced to $16,560,000. The revolving commitment decreases further to $14,230,000 or $16,230,000 (if the workers compensation letter of credit is returned to the Lender) by November 30, 2011 and is due and payable December 31, 2011.

Summary of Liquidity and Capital Resources

The Company’s primary capital requirements are to support working capital demands, meet its debt service obligations, and finance capital expenditure requirements. The Company has a substantial asset collateral base and a strong equity position which management believes adequately supports the outstanding revolving line of credit arrangement or would support an alternative facility. Management is pursuing an alternative facility. The Company maintains a substantially higher level of current assets during the first half of each year than the second half of the year due to elevated inventories and trade accounts receivable related to large fleet runs. The Company expects to reduce the current assets during the second half of the year as customer collections related to the fleet runs provide cash flow necessary to reduce the obligations under the Credit Agreement and reduce accounts payable and other short-term obligations. Additionally, the Company is completing plans to sell certain idled assets which, if completed, will provide additional liquidity. The funds collected would be used to pay down the Company’s obligations under the Credit Agreement.

Management believes, based on its operating projections and sale of assets held for sale, that it should have available funds necessary to allow the Company to meet the payment requirements related to its existing Credit Agreement and to continue to operate. The Company’s cash management system and revolving line of credit are designed to maintain zero cash balances and, accordingly, checks outstanding in excess of bank balances are classified as additional borrowings under the revolving line of credit.

Table of Contents

Critical Accounting Policies and Estimates

Management’s discussion and analysis of its financial position and results of operations are based upon the Company’s consolidated condensed financial statements which have been prepared in accordance with accounting principles generally accepted in the United States of America. The preparation of these financial statements requires management to make estimates and judgments that affect the reported amounts of assets, liabilities, revenues and expenses, and related disclosure of contingent assets and liabilities. The Company’s significant accounting policies are discussed in Note 1 of the Notes to Consolidated Financial Statements included in the Annual Report on Form 10-K for the year ended December 25, 2010. In management’s opinion, the Company’s critical accounting policies include revenue recognition, allowance for doubtful accounts, excess and obsolete inventories, inventory relief, accrued insurance, and accrued warranty.

Revenue Recognition — The Company generally recognizes revenue when products are shipped to the customer. Revenue on certain customer requested bill and hold transactions is recognized after the customer is notified that the products have been completed according to customer specifications, have passed all of the Company’s quality control inspections, and are ready for delivery based on established delivery terms.

Allowance for Doubtful Accounts — The Company maintains an allowance for doubtful accounts for estimated losses resulting from the inability of our customers to make required payments. If the financial conditions of our customers were to deteriorate, resulting in an impairment of their ability to make payments, additional allowances may be required which would adversely affect our future operating results.

Excess and Obsolete Inventories — The Company must make estimates regarding the future use of raw materials, chassis, and finished products, and provide for obsolete or slow-moving inventories. If actual product life cycles, product demand, and/or market conditions are less favorable than those projected by management, additional inventory write-downs may be required which would adversely affect future operating results.

Inventory Relief — For monthly and quarterly financial reporting, cost of sales is recorded and inventories are relieved by the use of standard bills of material adjusted for scrap and other estimated factors affecting inventory relief. Because of our large and diverse product line and the customized nature of each order, it is difficult to place full reliance on the bills of material for accurate relief of inventories. Although the Company continues to refine the process of creating accurate bills of materials, manual adjustments (which are based on estimates) are necessary to assure correct relief of inventories for products sold. The calculations to estimate costs not captured in the bill of materials take into account the customized nature of products, historical inventory relief percentages, scrap variances, and other factors which could impact inventory relief.

The accuracy of the inventory relief is not fully known until physical inventories are conducted at each of the Company’s locations. We conduct semi-annual physical inventories at a majority of our locations and schedule them in a manner that provides coverage in each of our calendar quarters. We have invested significant resources in our continuing effort to improve the physical inventory process and accuracy of our inventory accounting system.

Table of Contents

Accrued Insurance - The Company has a self-insured retention against product liability claims with insurance coverage over and above the retention. The Company is also self-insured for a portion of its employee medical benefits and workers’ compensation. Product liability claims are routinely reviewed by the Company’s insurance carrier, and management routinely reviews other self-insurance risks for purposes of establishing ultimate loss estimates. In addition, management must determine estimated liability for claims incurred but not reported. Such estimates, and any subsequent changes in estimates, may result in adjustments to our operating results in the future.

The Company utilizes a wholly-owned small captive insurance company to insure certain of its business risks. Certain risks, traditionally self-insured by the Company and its subsidiaries, are insured by the captive insurance subsidiary. The captive insurance subsidiary helps the Company manage its risk exposures and, under the Internal Revenue Code, the net underwriting income of such small captive insurance subsidiary is not taxable.

Accrued Warranty — The Company provides limited warranties for periods of up to five years from the date of retail sale. Estimated warranty costs are accrued at the time of sale and are based upon historical experience.

Forward-Looking Statements

This report contains forward-looking statements, other than historical facts, which reflect the view of management with respect to future events. When used in this report, words such as “believe,” “expect,” “anticipate,” “estimate,” “intend,” and similar expressions, as they relate to the Company or its plans or operations, identify forward-looking statements. Such forward-looking statements are based on assumptions made by, and information currently available to, management. Although management believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that the expectations reflected in such forward-looking statements are reasonable, and it can give no assurance that such expectations will prove to be correct. Important factors that could cause actual results to differ materially from such expectations include, without limitation, an economic slowdown in the specialized vehicle industry, limitations on the availability of chassis on which the Company’s products are dependent, availability of raw materials, raw material cost increases, and severe interest rate increases. Furthermore, the Company can provide no assurance that such raw material cost increases can be passed on to its customers through implementation of price increases for the Company’s products. The forward-looking statements contained herein reflect the current view of management with respect to future events and are subject to those factors and other risks, uncertainties, and assumptions relating to the operations, results of operations, cash flows, and financial position of the Company. The Company assumes no obligation to update the forward-looking statements or to update the reasons actual results could differ from those contemplated by such forward-looking statements.

ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK.

There has been no material change from the information provided in the Company’s Annual Report on Form 10-K, “Item 7A: Quantitative and Qualitative Disclosures About Market Risk,” for the year ended December 25, 2010.

Table of Contents

ITEM 4. CONTROLS AND PROCEDURES.

a. Evaluation of Disclosure Controls and Procedures.

In connection with the preparation of this Form 10-Q, an evaluation was performed under the supervision and with the participation of the Company’s management, including the Company’s Chief Executive Officer and Chief Financial Officer, of the effectiveness of the design and operation of the Company’s disclosure controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e) under the Securities Exchange Act of 1934, as amended). Based upon that evaluation, the Chief Executive Officer and Chief Financial Officer concluded that the Company’s disclosure controls and procedures are effective as of July 2, 2011.

b. Changes in Internal Control over Financial Reporting.

There has been no change in the Company’s internal control over financial reporting during our last fiscal quarter that has materially affected, or is reasonably likely to materially affect, the Company’s internal control over financial reporting.

The Company continues to take action to assure compliance with the internal controls, disclosure controls, and other requirements of the Sarbanes-Oxley Act of 2002. Management, including the Company’s Chief Executive Officer and Chief Financial Officer, cannot guarantee that the internal controls and disclosure controls will prevent all possible errors or fraud. A control system, no matter how well conceived and operated, can provide only reasonable, not absolute, assurance that the objectives of a control system have been met. In addition, the design of a control system must reflect the fact that there are resource constraints, and the benefit of controls must be relative to their costs. Because of the inherent limitations in all control systems, no system of controls can provide absolute assurance that all control issues and instances of fraud, if any, within the Company will be detected. These inherent limitations include the realities that judgments in decision-making can be faulty and that breakdowns can occur because of simple error or mistake. Further, controls can be circumvented by individual acts of some persons, by collusion of two or more persons, or by management override of the controls.

The design of any system of controls is also based in part upon certain assumptions about the likelihood of future events, and there can be no assurance that any design will succeed in achieving its stated goals under all potential future conditions. Over time, a control may be inadequate because of changes in conditions or the degree of compliance with the policies or procedures may deteriorate. Because of inherent limitations in any cost-effective control system, misstatements due to error or fraud may occur and not be detected.

Table of Contents

PART II. OTHER INFORMATION

ITEM 1. LEGAL PROCEEDINGS.

The Company is subject to various investigations, claims, and legal proceedings covering a wide range of matters that arise in the ordinary course of its business activities. Each of these matters is subject to various uncertainties, and it is possible that some of these matters may be resolved unfavorably to the Company. The Company has established accruals for matters that are probable and reasonably estimable. Management believes that any liability that may ultimately result from the resolution of these matters in excess of accruals and amounts provided by insurance coverage will not have a material adverse effect on the consolidated financial position or results of operations of the Company.

ITEM 1A. RISK FACTORS.

For a discussion of those “Risk Factors” affecting the Company, you should carefully consider the “Risk Factors” discussed in Part I, under “Item 1A: Risk Factors” contained in our Annual Report on Form 10-K for the year ended December 25, 2010, which is herein incorporated by reference.

ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS.

Not applicable.

ITEM 3. DEFAULTS UPON SENIOR SECURITIES.

Not applicable.

ITEM 4. RESERVED.

ITEM 5. OTHER INFORMATION.

Not Applicable.

Table of Contents

ITEM 6. EXHIBITS.

Exhibits:

Exhibit 3.1		Certificate of Incorporation of the Company, filed as Exhibit 3(a) to the Company’s Registration Statement on Form 8-A, filed with the Commission on September 18, 1989, and incorporated herein by reference.
Exhibit 3.2		Certificate of Amendment of Certificate of Incorporation of the Company filed with the Secretary of State of Delaware on June 10, 1993 filed as Exhibit 3.2 to the Company’s annual report on Form 10-K for the fiscal year ended December 31, 1993, and incorporated herein by reference.
Exhibit 3.3		Certificate of Amendment of Certificate of Incorporation of the Company filed with the Secretary of State of Delaware on May 29, 1996 filed as Exhibit 3.3 to the Company’s annual report on Form 10-K for the fiscal year ended December 31, 1996, and incorporated herein by reference.
Exhibit 3.4		Amended and Restated Bylaws of the Company dated May 7, 2008, filed as Exhibit 3.1 to the Company’s Form 8-K filed with the Securities and Exchange Commission on May 7, 2008, and incorporated herein by reference.
Exhibit 10.1*		Second Amendment to Amended and Restated Credit Agreement dated May 12, 2011, by and between the Company and its subsidiaries and JPMorgan Chase Bank, N.A.
Exhibit 10.2*		Third Amendment to Amended and Restated Credit Agreement dated June 15, 2011, by and between the Company and its subsidiaries and JPMorgan Chase Bank, N.A.
Exhibit 10.3*		Civil Settlement Agreement dated May 25, 2011, by and between The Armored Group, LLC and Supreme Indiana Operations, Inc., and Supreme Corporation of Texas.
Exhibit 10.4*		Amendment to Civil Settlement Agreement dated June 7, 2011, by and between The Armored Group, LLC and Supreme Indiana Operations, Inc., and Supreme Corporation of Texas.
Exhibit 31.1*		Certification of Chief Executive Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
Exhibit 31.2*		Certification of Chief Financial Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
Exhibit 32.1*		Certification of Chief Executive Officer Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
Exhibit 32.2*		Certification of Chief Financial Officer Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
Exhibit 101*		The following financial statements from the Company’s Quarterly Report on Form 10-Q for the quarter ended July 2, 2011, filed on August 16, 2011, formatted in XBRL: (i) Consolidated Balance Sheets, (ii) Consolidated Statements of Operations, (iii) Consolidated Statements of Equity, (iv) Consolidated Statements of Cash Flows and (v) the Notes to Consolidated Financial Statements.

*Filed herewith.

Table of Contents

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

	SUPREME INDUSTRIES, INC.


	By:	/s/ Kim Korth
DATE: August 16, 2011	Kim Korth
	President and Chief Executive Officer


	By:	/s/ Matthew W. Long
DATE: August 16, 2011	Matthew W. Long
	Chief Financial Officer

Table of Contents

INDEX TO EXHIBITS

Exhibit Number		Description of Document

Exhibit 3.1		Certificate of Incorporation of the Company, filed as Exhibit 3(a) to the Company’s Registration Statement on Form 8-A, filed with the Commission on September 18, 1989, and incorporated herein by reference.
Exhibit 3.2		Certificate of Amendment of Certificate of Incorporation of the Company filed with the Secretary of State of Delaware on June 10, 1993 filed as Exhibit 3.2 to the Company’s annual report on Form 10-K for the fiscal year ended December 31, 1993, and incorporated herein by reference.
Exhibit 3.3		Certificate of Amendment of Certificate of Incorporation of the Company filed with the Secretary of State of Delaware on May 29, 1996 filed as Exhibit 3.3 to the Company’s annual report on Form 10-K for the fiscal year ended December 31, 1996, and incorporated herein by reference.
Exhibit 3.4		Amended and Restated Bylaws of the Company dated May 7, 2008, filed as Exhibit 3.1 to the Company’s Form 8-K filed with the Securities and Exchange Commission on May 7, 2008, and incorporated herein by reference.
Exhibit 10.1*		Second Amendment to Amended and Restated Credit Agreement dated May 12, 2011, by and between the Company and its subsidiaries and JPMorgan Chase Bank, N.A.
Exhibit 10.2*		Third Amendment to Amended and Restated Credit Agreement dated June 15, 2011, by and between the Company and its subsidiaries and JPMorgan Chase Bank, N.A.
Exhibit 10.3*		Civil Settlement Agreement dated May 25, 2011, by and between The Armored Group, LLC and Supreme Indiana Operations, Inc., and Supreme Corporation of Texas.
Exhibit 10.4*		Amendment to Civil Settlement Agreement dated June 7, 2011, by and between The Armored Group, LLC and Supreme Indiana Operations, Inc., and Supreme Corporation of Texas.
Exhibit 31.1*		Certification of Chief Executive Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
Exhibit 31.2*		Certification of Chief Financial Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
Exhibit 32.1*		Certification of Chief Executive Officer Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
Exhibit 32.2*		Certification of Chief Financial Officer Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
Exhibit 101*		The following financial statements from the Company’s Quarterly Report on Form 10-Q for the quarter ended July 2, 2011, filed on August 16, 2011, formatted in XBRL: (i) Consolidated Balance Sheets, (ii) Consolidated Statements of Operations, (iii) Consolidated Statements of Equity, (iv) Consolidated Statements of Cash Flows and (v) the Notes to Consolidated Financial Statements.

*Filed herewith.

EX-10.1 2 a11-13990_1ex10d1.htm EX-10.1

Exhibit 10.1

SECOND AMENDMENT TO

AMENDED AND RESTATED CREDIT AGREEMENT

AND AMENDMENT TO SECURITY AGREEMENTS

THIS SECOND AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT AND AMENDMENT TO SECURITY AGREEMENTS (this “Amendment”), dated as of May 12, 2011 (the “Effective Date”), is executed by JPMORGAN CHASE BANK, N.A., a national banking association (“Chase”), SUPREME INDIANA OPERATIONS, INC., a Delaware corporation (“SIOperations”), SUPREME TRUCK BODIES OF CALIFORNIA, INC., a California corporation (“STBCalifornia”), SUPREME NORTHWEST, L.L.C., a Texas limited liability company (“SNorthwest”), SUPREME CORPORATION OF TEXAS, a Texas corporation (“SCTexas”), SUPREME MID-ATLANTIC CORPORATION, a Texas corporation (“SMid-Atlantic”), SUPREME INDUSTRIES, INC., a Delaware corporation (“SIndustries”), and SUPREME/MURPHY TRUCK BODIES, INC., SUPREME INDIANA MANAGEMENT, INC., SUPREME STB, LLC, SC TOWER STRUCTURAL LAMINATING, INC. and SILVER CROWN, LLC (collectively with SIOperations, STBCalifornia, SNorthwest, SCTexas, SMid-Atlantic, and SIndustries, each of the foregoing are referred to in this Amendment as a “Guarantor;” and collectively as the “Guarantors”). SIOperations, STBCalifornia, SNorthwest, SCTexas, SMid-Atlantic, and SIndustries are each sometimes referred to in this Amendment as a “Borrower” and are collectively referred to in this Amendment as the “Borrowers.”

Recitals

A. The Borrowers, the Guarantors and Chase are parties to an Amended and Restated Credit Agreement, dated as of September 30, 2010, as amended by a First Amendment to Amended and Restated Credit Agreement, dated as of March 24, 2011 (the “Credit Agreement”).

B. SIOperations desires to sell the California Real Estate to BFG2011 Limited Liability Company, a New Jersey limited liability company and doing business in California as 22135 Alessandro, LLC (“Purchaser”), and concurrently with such sale, enter into a lease, as tenant, of the California Real Estate with Purchaser (the “Sale Leaseback Transaction”).

C. Upon completion of the Sale Leaseback Transaction, SIOperations will own 35.48% (4,950 Common Units) of Purchaser (the “BFG2011 Equity Interests”).

D. SIOperations and Chase are parties to the following (the “SIO Security Agreements”): (i) an Amended and Restated Pledge and Security Agreement, dated as of September 30, 2010; and (ii) a Pledge and Security Agreement, dated as of September 30, 2010.

Agreement

NOW, THEREFORE, in consideration of the premises, the mutual covenants and agreements herein, and each act performed and to be performed hereunder, Chase, the Borrowers and the Guarantors agree as follows:

1. Definitions. Except as otherwise expressly stated in this Amendment, all terms used in this Amendment that are defined in the Credit Agreement and that are not

otherwise defined in this Amendment, shall have the same meanings in this Amendment as are ascribed to them in the Credit Agreement.

2. Amendments to the Credit Agreement. Effective as of the Effective Date, the Credit Agreement is amended as follows:

(a) New Definitions. Section 1.01 of the Credit Agreement is amended to add each the following new defined terms in the appropriate alphabetical position:

“California Lease” means an AIR Commercial Real Estate Association Standard Industrial Commercial Single-Tenant Lease-Net, dated as of May 12, 2011, between SIOperations and BFG2011 Limited Liability Company, a New Jersey limited liability company doing business in California as 22135 Alessandro, LLC.

“Second Amendment” means a Second Amendment to Amended and Restated Credit Agreement, dated as of May 12, 2011, executed by the Lender, the Borrowers and the other Loan Parties.

“Second Amendment Effective Date” means May 12, 2011.

(b) Amendment of Section 6.01. Section 6.01 of the Credit Agreement is amended by deleting the word “and” at the end of subsection (g) thereof; replacing the grammatical period at the end of subsection (h) thereof with a semi-colon and adding the word “and” immediately thereafter; and adding the following new subsection (i) to read in its entirety as follows:

“(i) Indebtedness of SIOperations deemed to exist under the California Lease by reason of the California Lease being classified as a capital lease for GAAP purposes (but only to the extent such Indebtedness arises pursuant to the California Lease as it is in effect on May 12, 2011, and not including any amendments or modifications thereto made without the prior written consent of the Lender).”

(c) New Sections 6.16. The Credit Agreement is amended to add the following Section 6.16 to read in its entirety as follows:

“SECTION 6.16. California Real Estate. None of the Loan Parties shall, without the prior written consent of the Lender (a) purchase, or enter into an agreement to purchase, the California Real Estate, (b) exercise any repurchase right, option to purchase, right of first refusal, or similar rights with respect to the California Real Estate, including without limitation any rights granted under the California Lease, or (c) agree to any amendment or other modification of the California Lease or waiver of any of the rights of SIOperations, as tenant, under the California Lease.”

(d) Amendment to Article VII(s). Article VII(s) of the Credit Agreement is amended and, as so amended, restated to read in its entirety as follows:

“(s) The Borrowers shall fail to close and receive all of the cash proceeds of at least one Approved New Capital Transaction on or before May 12, 2011;”

3. Amendment to SIO Security Agreements. Effective as of the Effective Date, Exhibit G to each of the SIO Security Agreements is amended and, as so amended, restated in its entirety to read the same as Exhibit G to this Amendment.

4. Consent to Sale Leaseback Transaction. Chase consents to the Sale Leaseback Transaction and, upon satisfaction of the conditions in Section 7 of this Amendment, shall execute and deliver releases of its mortgage liens on the California Real Estate and terminate all UCC fixture filings that are of record on May 12, 2011 against fixtures on the California Real Estate that on the Effective Date are filed with the Recorder of Riverside County, California and name Chase as “secured party” and SIOperations as “debtor.” Chase agrees that the Sale Leaseback Transaction shall be deemed an “Approved New Capital Transaction” for the purposes of subsection (s) of Article VII of the Credit Agreement so long as the Net Proceeds of the Sale Leaseback Transaction are not less than $2,800,000. All Net Proceeds of the Sale Leaseback Transaction shall be paid to Chase and applied to repay the outstanding principal balance of Revolving Loans of SIOperations; provided, however, notwithstanding anything to the contrary in Section 2.10(c) of the Credit Agreement, the SIO Revolving Commitment and the Revolving Commitment shall not be reduced by the amount of the Net Proceeds received from the Sale Leaseback Transaction. The waiver and consent in this Section 4 is a one-time waiver and consent solely with respect to the Sale Leaseback Transaction and shall not be deemed to be a waiver of Section 2.10(c) of the Credit Agreement or any other provisions of the Credit Agreement or the other Loan Documents with respect to any other matter. Chase’s consent to the Sale Leaseback Transaction is not and shall not be deemed in any respect to be an approval of the terms of the Sale Leaseback Transaction or the appropriateness or fairness thereof to SIOperations.

5. Representations and Warranties. Each Borrower represents and warrants to Chase as follows:

(a) (i) The execution, delivery and performance of this Amendment and all agreements and documents delivered pursuant hereto by such Borrower have been duly authorized by all necessary corporate action and do not and will not violate any provision of any law, rule, regulation, order, judgment, injunction, or writ presently in effect applying to such Borrower, or its articles of incorporation/organization or by-laws/operating agreement, or result in a breach of or constitute a default under any material agreement, lease or instrument to which such Borrower is a party or by which it or any of its properties may be bound or affected; (ii) no authorization, consent, approval, license, exemption or filing of a registration with any court or governmental department, agency or instrumentality is or will be necessary to the valid execution, delivery or performance by such Borrower of this Amendment and all agreements and documents delivered pursuant hereto; and (iii) this Amendment and all agreements and

documents delivered pursuant hereto by such Borrower are the legal, valid and binding obligations of such Borrower, as a signatory thereto, and enforceable against such Borrower in accordance with the terms thereof.

(b) No Default or Event of Default exists as of the Effective Date under the Credit Agreement or any of the other Loan Documents.

(c) The representations and warranties contained in the Credit Agreement are true and correct in all material respects as of the Effective Date, except to the extent such representations and warranties expressly relate to an earlier date (in which case such representations and warranties were true and correct in all material respects as of such earlier date).

(d) The Borrowers affirm and acknowledge that Chase has not made the Term Loans B, and is not committed or otherwise obligated to make the Term Loans B.

6. Consent and Representations of the Guarantors. Each Guarantor covenants, represents and warrants to Chase as follows:

(a) such Guarantor, by its execution of this Amendment, expressly consents to the execution, delivery and performance by the Borrowers, the other Guarantors and Chase of this Amendment and all agreements, instruments and documents to be delivered pursuant hereto;

(b) such Guarantor agrees that neither the provisions of this Amendment nor any action taken or not taken in accordance with the terms of this Amendment shall constitute a termination, extinguishment, release, or discharge of any of such Guarantor’s obligations under its respective guaranty in Article IX of the Credit Agreement (each of such Guarantors respective guaranty, as the same has been and may hereafter be amended and/or restated from time to time and at any time, being called a “Guaranty”) or provide a defense, set-off, or counterclaim to it with respect to any of such Guarantor’s obligations under its Guaranty or any other Loan Documents;

(d) this Amendment is the legal, valid, and binding obligation of such Guarantor, and enforceable against such Guarantor in accordance with its terms.

7. Conditions. The effectiveness of this Amendment is subject to full satisfaction of the following conditions precedent on or before the Effective Date:

(a) This Amendment shall have been executed by the Borrowers and the Guarantors, and delivered to Chase and executed by Chase.

(b) A Security Agreement in form and substance the same as attached to this Amendment as Exhibit A shall have been executed and acknowledged by each of SIndustries,

SIOperations, SCTexas, SMid-Atlantic, STBCalifornia, and SC Tower Structural Laminating, Inc. and delivered to Chase.

(c) An Acknowledgment of Pledge in form and substance the same as attached to this Amendment as Exhibit B shall have been executed by Purchaser and delivered to Chase.

(d) Chase shall have received fully executed copies of (i) all agreements executed by SIOperations in connection with the Sale Leaseback Transaction, and (ii) the articles of organization and operating agreement of Purchaser together with any and all amendments thereto.

(e) SIOperations shall have received Net Proceeds in an amount not less than $2,800,000 from the Sale Leaseback Transaction.

8. Additional Covenants. The Borrowers further agree as follows:

(a) Stock Certificates. SIOperations shall deliver to Chase the original certificates evidencing the BFG2011 Equity Interests, together with membership Unit powers executed in blank by SIOperations with respect thereto within 3 Business Days of the Effective Date. Failure by SIOperations to deliver such original certificates and powers within 3 Business Days of the Effective Date shall be an Event of Default under the Credit Agreement.

(b) Fees. To the extent not paid on the Effective Date, SIOperations shall pay all costs and expenses incurred by Chase in connection with the review of the Sale Leaseback Transaction and its documentation and the negotiation, preparation and closing of this Amendment and the other documents, instruments and agreements to be executed and delivered pursuant hereto, including appraisal fees, environmental site assessment fees, title insurance premiums and costs, the reasonable fees and out-of-pocket expenses of Baker & Daniels LLP, special counsel to Chase, the reasonable fees and out-of-pocket expenses of special local counsel to Chase, and the reasonable fees and out-of-pocket expenses of LS Associates, LLC, financial consultant to Chase. Failure by the Borrowers to pay in full such fees, costs, premiums, and expenses within 10 days of the delivery by Chase to Borrowers of an invoice for payment for all or any portion of such fees, costs, premiums, and expenses shall be an Event of Default under the Credit Agreement.

9. Release. EACH BORROWER AND GUARANTOR (EACH INDIVIDUALLY REFERRED TO AS AN “OBLIGOR” AND COLLECTIVELY REFERRED TO AS THE “OBLIGORS”), FOR THEMSELVES AND THEIR RESPECTIVE LEGAL REPRESENTATIVES, SUCCESSORS AND ASSIGNS (COLLECTIVELY, THE “RELEASING PARTIES”), JOINTLY AND SEVERALLY RELEASES AND DISCHARGES CHASE AND ITS OFFICERS, DIRECTORS, AGENTS, EMPLOYEES, ATTORNEYS, LEGAL REPRESENTATIVES, SUCCESSORS, AND ASSIGNS (COLLECTIVELY, THE “RELEASED PARTIES”) FROM ANY AND ALL CLAIMS, DEMANDS, ACTIONS, DAMAGES, CAUSES OF ACTION, AND AFFIRMATIVE DEFENSES WHICH ANY OF

THE RELEASING PARTIES HAS ASSERTED OR CLAIMED OR MIGHT NOW OR HEREAFTER ASSERT OR CLAIM AGAINST ALL OR ANY OF THE RELEASED PARTIES, WHETHER KNOWN OR UNKNOWN, ARISING OUT OF, RELATED TO OR IN ANY WAY CONNECTED WITH OR BASED UPON ANY ACT, OMISSION, CIRCUMSTANCE, AGREEMENT, LOAN, EXTENSION OF CREDIT, TRANSACTION, TRANSFER, PAYMENT, EVENT, ACTION, OR OCCURRENCE RELATED TO THE LIABILITIES, THE LOAN DOCUMENTS, OR ANY TRANSACTION CONTEMPLATED THEREBY BETWEEN OR INVOLVING ANY OBLIGOR OR ANY OF THE PROPERTY OF ANY OBLIGOR, AND ALL OR ANY OF THE RELEASED PARTIES AND WHICH WAS MADE OR EXTENDED OR WHICH OCCURRED AT ANY TIME OR TIMES PRIOR TO THE EFFECTIVE DATE.

10. Binding on Successors and Assigns. All of the terms and provisions of this Amendment shall be binding upon and inure to the benefit of the parties hereto, their respective successors, assigns and legal representatives.

11. Governing Law; Entire Agreement; Survival; Miscellaneous. This Amendment is a contract made under, and shall be governed by and construed in accordance with, the laws of the State of Indiana applicable to contracts made and to be performed entirely within such state and without giving effect to its choice or conflicts of laws principles. This Amendment constitutes and expresses the entire understanding between the parties with respect to the subject matter hereof, and supersedes all prior agreements and understandings, commitments, inducements or conditions, whether expressed or implied, oral or written. All covenants, agreements, undertakings, representations and warranties made in this Amendment shall survive the execution and delivery of this Amendment.

12. Amendment of Other Documents. All references to the Credit Agreement in the other Loan Documents shall mean the Credit Agreement and the SIO Security Agreements, as modified and amended by this Amendment and as any of them may be further amended, modified, extended, renewed, supplemented and/or restated from time to time and at any time. The other Loan Documents are hereby modified and amended to the extent necessary to conform them to, or to cause them to accurately reflect, the terms of the Credit Agreement and the SIO Security Agreement, as modified by this Amendment. Except as otherwise expressly provided in this Amendment, all of the terms and provisions of the Credit Agreement, the SIO Security Agreements and the other Loan Documents, as modified and amended by this Amendment, remain in full force and effect and fully binding on the parties thereto and their respective successors and assigns.

13. Further Assurances. The Borrowers and the Guarantors shall duly execute and deliver, or cause to be executed and delivered, such further instruments and perform or cause to be performed such further acts as may be necessary or proper in the reasonable opinion of Chase to carry out the provisions and purposes of this Amendment.

14. Counterparts. This Amendment may be executed in two or more counterparts, each of which shall constitute an original, but all of which when taken together

shall constitute but one agreement. In the event any party executes and delivers this Amendment via facsimile, such party hereby agrees that for the purposes of enforcement and all applicable statutes, laws and rules, including, without limitation, the Uniform Commercial Code, rules of evidence and statutes of fraud: (i) the facsimile signature of such party shall constitute a binding signature of such party as a symbol and mark executed and adopted by such party with a present intention to authenticate this Amendment; (ii) the facsimile of this Amendment shall constitute a writing signed by such party; and (iii) the facsimile of this Amendment shall constitute an original of and best evidence of this Amendment.

15. Recitals Incorporated. Chase, the Borrowers and the Guarantors agree that the Recitals set forth in this Amendment are true and correct.

[signatures on following 1 page]

IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly executed and delivered by their respective authorized signatories.

SUPREME INDUSTRIES, INC.		SUPREME INDIANA OPERATIONS, INC.
As a Borrower and a Guarantor		As a Borrower and a Guarantor


By:	/s/ Kim Korth	By:	/s/ Kim Korth
	Kim Korth, President		Kim Korth, President

SUPREME MID-ATLANTIC CORPORATION		SUPREME TRUCK BODIES OF
As a Borrower and a Guarantor		CALIFORNIA, INC.
		As a Borrower and a Guarantor

By:	/s/ Kim Korth	By:	/s/ Kim Korth
	Kim Korth, President		Kim Korth, President


SUPREME CORPORATION OF TEXAS		SUPREME NORTHWEST, L.L.C.
As a Borrower and a Guarantor		As a Borrower and a Guarantor


By:	/s/ Kim Korth	By:	/s/ Kim Korth
	Kim Korth, President		Kim Korth, President


SUPREME INDIANA MANAGEMENT, INC.		SC TOWER STRUCTURAL LAMINATING, INC.
As a Guarantor		As a Guarantor

		By:	/s/ Kim Korth
By:	/s/ Kim Korth		Kim Korth, President
	Kim Korth, President

SUPREME MURPHY TRUCK BODIES, INC.		SUPREME STB, LLC
As a Guarantor		As a Guarantor


By:	/s/ Kim Korth	By:	/s/ Michael Oium
	Kim Korth, President		Michael Oium, Vice President

JPMORGAN CHASE BANK, N.A.
As the Lender		SILVER CROWN, LLC
		As a Guarantor

By:	/s/ Michael E. Lewis
	Michael E. Lewis, Senior Vice President	By:	/s/ Kim Korth
			Kim Korth, President

EXHIBIT A

(Form Security Agreement)

SECURITY AGREEMENT

THIS SECURITY AGREEMENT (as it may be amended or modified from time to time, the “Security Agreement”) is executed as of May , 2011, by Supreme Indiana Operations, Inc., a Delaware corporation (“Grantor”) in favor of JPMorgan Chase Bank, N.A., a national banking institution (“Lender”).

Supreme/Murphy Truck Bodies, Inc. (“Borrower”) and Lender (as successor by merger to Bank One, Indiana, N.A.) are parties to a Reimbursement and Pledge Agreement, dated as of October 11, 2000 (as amended and as it may be further amended or modified from time to time, the “Reimbursement Agreement”). Grantor executed an Unlimited Continuing Guaranty, dated as of October 11, 2000, in favor of Bank One, Indiana, N.A. (as amended and as it may be further amended or modified from time to time, the “Guaranty”) and Lender has succeeded to all of the rights of Bank One, Indiana, N.A under the Guaranty. Grantor is entering into this Security Agreement in order to secure the Guaranteed Obligations.

ACCORDINGLY, Grantor and Lender, hereby agree as follows:

1. DEFINITIONS.

1.1 Terms Defined in Reimbursement Agreement. Terms used in this Agreement which are defined in the Reimbursement Agreement and are not otherwise defined in this Security Agreement shall have the same meanings in this Security Agreement as are ascribed to such terms in the Reimbursement Agreement. The definitions in this Section 1 shall be equally applicable to both the singular and plural forms of the defined terms.

1.2 Terms Defined in UCC. Terms defined in the UCC which are not otherwise defined in this Security Agreement are used herein as defined in the UCC, including without limitation, each of the following terms: “Accounts”; “Chattel Paper”; “Commercial Tort Claims”; “Deposit Accounts”; “Documents”; “Equipment”; “Fixtures”; “General Intangibles”; “Goods”; “Instruments”; “Inventory”; “Investment Property”; “Letter-of-Credit Rights”; and “Supporting Obligations”.

1.3 Definitions of Certain Terms Used Herein. As used in this Security Agreement, in addition to the terms defined in the Preliminary Statement, the following terms shall have the following meanings: (a) “Excluded Investments” means (i) all treasury stock of Grantor, and (ii) 35% of the issued and outstanding Equity Interests entitled to vote (within the meaning of Treas. Reg. Section 1.956-2(c)(2)) in each foreign Subsidiary directly owned by Grantor; (b) “Guaranteed Obligations” means all of Grantor’s obligations, liabilities and indebtedness to Lender arising from, pursuant to or by virtue of the Guaranty, whether now existing or hereafter arising; (c) “Prior Security Agreements” means: (i) an Amended and Restated Pledge and Security Agreement, dated as of September 30, 2010, between Grantor and Lender; and (ii) a Pledge and Security Agreement, dated as of September 30, 2010, between Grantor and Lender, as amended and as it may be further amended or modified from time to time; and (d) “UCC” means the Uniform Commercial Code, as in effect from time to time, of the State of Indiana, Ind. Code § 26-1, et seq., or of any other state the laws of which are required as a result thereof to be applied in connection with the attachment, perfection or priority of, or remedies with respect to, Lender’s Lien on any Collateral. Excluding the definitions in Section 1 of this Security Agreement, if the Uniform Commercial Code of any state other than Indiana is applicable, then the references in this Security Agreement to any Chapter or Section of Ind. Code § 26-1, et seq. shall be deemed to be references to the

equivalent Chapter or Section of such other state’s Uniform Commercial Code however numbered or denominated.

2. GRANT OF SECURITY INTEREST. Grantor hereby pledges, collaterally assigns and grants to Lender, a security interest in all of its right, title and interest in, to and under all personal property and other assets, whether now owned by or owing to, or hereafter acquired by or arising in favor of Grantor (including under any trade name or derivations thereof), and whether owned or consigned by or to, or leased from or to, Grantor, and regardless of where located (all of which will be collectively referred to as the “Collateral”), including: all Accounts; all Chattel Paper; all Documents; all Equipment; all Fixtures; all General Intangibles; all Goods; all Instruments; all Inventory; all Investment Property (other than Excluded Investments); all cash or cash equivalents; all letters of credit, Letter-of-Credit Rights and Supporting Obligations; all Deposit Accounts with any bank or other financial institution; all Commercial Tort Claims; and all accessions to, substitutions for and replacements, proceeds, insurance proceeds and products of the foregoing, together with all books and records, customer lists, credit files, computer files, programs, printouts and other computer materials and records related thereto and any General Intangibles at any time evidencing or relating to any of the foregoing, to secure the prompt and complete payment and performance of the Guaranteed Obligations.

3. REPRESENTATIONS AND WARRANTIES. Grantor affirms to Lender that all representations and warranties in Article III of the Prior Security Agreements are true and correct in all material respects as of the date hereof; and further represents and warrants to Lender the type of entity of Grantor, its state of organization, and the organizational number issued to it by its state of organization are correctly set forth on Exhibit A to each of the Prior Security Agreements. Grantor’s name in which it has executed this Security Agreement is the exact name as it appears in Grantor’s organizational documents, as amended, as filed with Grantor’s jurisdiction of organization. All representations and warranties of Grantor contained in this Security Agreement shall survive the execution and delivery of this Security Agreement.

4. COVENANTS. From the date of this Security Agreement, and thereafter until this Security Agreement is terminated, Grantor agrees that:

4.1 Incorporation of Covenants of Prior Security Agreements/Loan Document. Grantor will comply with the agreements and covenants set forth in Article IV and Section 5.3 of the Prior Security Agreements, and Article IV and Section 5.3 of the Prior Security Agreements are incorporated into this Security Agreement as if fully set forth herein. This Security Agreement is a “Loan Document” as such term is defined in the Reimbursement Agreement.

4.2 Authorization to File Financing Statements. Grantor hereby authorizes Lender to file, and if requested will deliver to Lender, all financing statements and other documents and take such other actions as may from time to time be reasonably requested by Lender in order to maintain a first perfected security interest in and, if applicable, control of, the Collateral. Any financing statement filed by Lender may be filed in any filing office in any UCC jurisdiction and may (i) indicate Grantor’s Collateral (1) as all assets of Grantor or words of similar effect, regardless of whether any particular asset comprised in the Collateral falls within the scope of Chapter 9.1 of the UCC of such jurisdiction, or (2) by any other description which reasonably approximates the description contained in this Security Agreement, and (ii) contain any other information required by part 5 of Chapter 9.1 of the UCC for the sufficiency or filing office acceptance of any financing statement or amendment.

4.3 Further Assurances. Grantor will, if so requested by Lender, furnish to Lender, as often as Lender reasonably requests, statements and schedules further identifying and describing the Collateral and such other reports and information in connection with its Collateral as Lender may reasonably request, all in such detail as Lender may specify. Grantor also agrees to take any and all actions necessary to defend title to the Collateral against all persons and to defend the security interest of Lender

in its Collateral and the priority thereof against any Lien not expressly permitted under the Prior Security Agreements.

4.4 Commercial Tort Claims. Grantor has no Commercial Tort Claims. Grantor shall promptly, and in any event within two Banking Days after the same is acquired by it, notify Lender of any Commercial Tort Claim acquired by it and, unless Lender otherwise consents, Grantor shall enter into an amendment to this Security Agreement granting to Lender a first priority security interest in such Commercial Tort Claim.

5. EVENTS OF DEFAULT AND REMEDIES

5.1 Events of Default. The occurrence of any one or more of the following events shall constitute an Event of Default hereunder: (a) any representation or warranty made by or on behalf of Grantor under or in connection with this Security Agreement shall be materially false as of the date on which made; (b) the breach by Grantor of any of the terms or provisions of Section 4 of this Security Agreement; (c) the breach by Grantor (other than a breach which constitutes an Event of Default under any other Section of this Section 5) of any of the terms or provisions of this Security Agreement which is not remedied within fifteen days after the earlier of knowledge of such breach or notice thereof from Lender; (d) the occurrence of any “Default” under, and as defined in, the Reimbursement Agreement; (e) the occurrence of any “default” or “event of default,” as defined in any other Loan Document or the breach of any of the terms or provisions of any other Loan Document, which default or breach continues beyond any grace period therein provided; and (f) the occurrence of any “Event of Default,” as defined in any of the Prior Security Agreements, which default or breach continues beyond any grace period therein provided.

5.2 Remedies. Upon the occurrence of an Event of Default, Lender may exercise any or all of the following rights and remedies, subject to any limitations or restrictions imposed by applicable law: (i) those rights and remedies provided in this Security Agreement, the Reimbursement Agreement, any other Loan Document and the Prior Security Agreements; provided that, this Section 5.2(a) shall not be understood to limit any rights or remedies available to Lender prior to an Event of Default; and (ii) those rights and remedies available to a secured party under the UCC (whether or not the UCC applies to the affected Collateral) or under any other applicable law (including, without limitation, any law governing the exercise of a bank’s right of setoff or bankers’ lien) when a debtor is in default under a security agreement.

6. GENERAL PROVISIONS

6.1 Waivers. To the extent such notice may be waived under applicable law, Grantor hereby waives notice of the time and place of any public sale or the time after which any private sale or other disposition of all or any part of the Collateral may be made. To the extent such notice may not be waived under applicable law, any notice made shall be deemed reasonable if sent to Grantor, addressed as set forth in Section 6.8 of this Security Agreement, at least ten days prior to (i) the date of any such public sale or (ii) the time after which any such private sale or other disposition may be made. To the maximum extent permitted by applicable law, Grantor waives all claims, damages, and demands against Lender arising out of the repossession, retention or sale of the Collateral, except such as arise solely out of the gross negligence or willful misconduct of Lender as finally determined by a court of competent jurisdiction. To the extent it may lawfully do so, Grantor absolutely and irrevocably waives and relinquishes the benefit and advantage of, and covenants not to assert against Lender, any valuation, stay, appraisal, extension, moratorium, redemption or similar laws and any and all rights or defenses it may have as a surety now or hereafter existing which, but for this provision, might be applicable to the sale of any Collateral made under the judgment, order or decree of any court, or privately under the power of sale conferred by this Security Agreement, or otherwise. Except as otherwise specifically provided herein,

Grantor hereby waives presentment, demand, protest or any notice (to the maximum extent permitted by applicable law) of any kind in connection with this Security Agreement or any Collateral.

6.2 Limitation on Lender’s Duty with Respect to the Collateral. Lender shall use reasonable care with respect to the Collateral in its possession or under its control. Lender shall not have any other duty as to any Collateral in its possession or control or in the possession or control of any agent or nominee of Lender, or any income thereon or as to the preservation of rights against prior parties or any other rights pertaining thereto.

6.3 No Waiver; Amendments; Cumulative Remedies. No delay or omission of Lender to exercise any right or remedy granted under this Security Agreement shall impair such right or remedy or be construed to be a waiver of any Event of Default or an acquiescence therein, and any single or partial exercise of any such right or remedy shall not preclude any other or further exercise thereof or the exercise of any other right or remedy. No waiver, amendment or other variation of the terms, conditions or provisions of this Security Agreement whatsoever shall be valid unless in writing signed by Lender and then only to the extent in such writing specifically set forth. All rights and remedies contained in this Security Agreement or by law afforded shall be cumulative and all shall be available to Lender until the Guaranteed Obligations have been paid in full. All rights, agreements, and covenants of, and waivers given by, Grantor in this Security are in addition to any and all rights, agreements, covenants, and waivers in the Prior Security Agreements.

6.4 Severability of Provisions. Any provision in any this Security Agreement that is held to be inoperative, unenforceable, or invalid in any jurisdiction shall, as to that jurisdiction, be inoperative, unenforceable, or invalid without affecting the remaining provisions in that jurisdiction or the operation, enforceability, or validity of that provision in any other jurisdiction, and to this end the provisions of this Security Agreement are declared to be severable.

6.5 Benefit of Agreement. The terms and provisions of this Security Agreement shall be binding upon and inure to the benefit of Grantor, Lender and their respective successors and assigns (including all persons who become bound as a debtor to this Security Agreement), except that Grantor shall not have the right to assign its rights or delegate its obligations under this Security Agreement or any interest herein, without the prior written consent of Lender.

6.6 CHOICE OF LAW. THIS SECURITY AGREEMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE INTERNAL LAWS (AND NOT THE LAW OF CONFLICTS) OF THE STATE OF INDIANA, BUT GIVING EFFECT TO FEDERAL LAWS APPLICABLE TO NATIONAL BANKS.

6.7 Counterparts. This Security Agreement may be executed in any number of counterparts, all of which taken together shall constitute one agreement, and any of the parties hereto may execute this Security Agreement by signing any such counterpart.

6.8 Notices. Any notice required or permitted to be given under this Security Agreement shall be sent according to the terms of the Reimbursement Agreement.

IN WITNESS WHEREOF, Grantor and Lender have executed this Security Agreement as of the date first above written.

	SUPREME INDIANA OPERATIONS, INC.

	By:
		, President

STATE OF INDIANA	)
	) SS
COUNTY OF	)

The foregoing instrument was acknowledged before me this day of May, 2011 by , the President of Supreme Indiana Operations, Inc., on behalf of said corporation, as its duly authorized officer.


		Signed


		(Printed) Notary Public

My commission expires:



My county of residence:

EXHIBIT B

(Form of Acknowledgement of Pledge)

ACKNOWLEDGMENT OF PLEDGE

Supreme Indiana Operations, Inc., a Delaware corporation (“SIOperations”) and JPMorgan Chase Bank, N.A., a national banking association (“Secured Party”), are parties to (i) an Amended and Restated Pledge and Security Agreement, dated as of September 30, 2010; (ii) a Pledge and Security Agreement, dated as of September 30, 2010, and (iii) a Security Agreement, dated as of May , 2011 (as each of the foregoing have been or hereafter may amended, the “Security Agreements”). Terms used in this Acknowledgment of Pledge, and not otherwise defined herein, have the meanings ascribed to them in the Security Agreements.

BFG2011 Limited Liability Company, a New Jersey limited liability company and doing business in California as “22135 Alessandro, LLC” (the “Company”) hereby (i) acknowledges and consents to SIOperations’ granting a security interest to and pledging to Secured Party all Equity Interests of the Company now or hereafter owned or acquired by SIOperations (the “SIO Equity Interests”), (ii) certifies to Secured Party that, as of the date hereof, the SIO Equity Interests constitute 4,950 outstanding Common Units (as such term is defined in the operating agreement of the Company as in effect on the date hereof) of the Company, and (iii) by executing this Acknowledgment of Pledge, the Company acknowledges receipt of a copy of the Security Agreements.

SIOperations irrevocably instructs the Company that it is to make all distributions with respect to the SIO Equity Interests directly to Secured Party.

Dated:			BFG2011 LIMITED LIABILITY COMPANY, A NEW JERSEY LIMITED LIABILITY COMPANY AND DOING BUSINESS IN CALIFORNIA AS “22135 ALESSANDRO, LLC”



			By:
			Printed:
			Title:


			SUPREME INDIANA OPERATIONS, INC., A DELAWARE CORPORATION


			By:
			Printed:
			Title:

Supreme Indiana Operations, Inc.

EXHIBIT G

(See Section 3.13 of Security Agreement and Definition of “Pledged Collateral”)

LIST OF PLEDGED COLLATERAL, SECURITIES AND OTHER INVESTMENT PROPERTY

STOCKS

Issuer	Certificate Number(s)	Number of Shares	Class of Stock	Percentage of Outstanding Shares
Supreme Mid-Atlantic Corporation	2	1,000	Common	100.00	%
Supreme Truck Bodies of California, Inc.	2	1,000	Common	100.00	%
Supreme Corporation of Texas	2	1,000	Common	100.00	%
Supreme Northwest, L.L.C.	4	100	Units	100.00	%
Supreme Indiana Management, Inc.	2	1,000	Common	100.00	%
SC Tower Structural Laminating, Inc.	2	1,000	Common	100.00	%
Supreme/Murphy Truck Bodies, Inc.	2	1,000	Common	100.00	%
Silver Crown, LLC	2	1,000	Units	100.00	%
BFG2011 Limited Liability Company	4	4,950	Units	35.48	%

BONDS

Issuer		Number		Face Amount		Coupon Rate		Maturity
None

GOVERNMENT SECURITIES

Issuer		Number		Type		Face Amount		Coupon Rate		Maturity
None

OTHER SECURITIES OR OTHER INVESTMENT PROPERTY

(CERTIFICATED OR UNCERTIFICATED)

Issuer		Description of Collateral		Percentage Ownership Interest
None

EX-10.2 3 a11-13990_1ex10d2.htm EX-10.2

Exhibit 10.2

THIRD AMENDMENT TO

AMENDED AND RESTATED CREDIT AGREEMENT

THIS THIRD AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT (this “Amendment”), dated as of June 15, 2011 (the “Effective Date”), is executed by JPMORGAN CHASE BANK, N.A., a national banking association (“Chase”), SUPREME INDIANA OPERATIONS, INC., a Delaware corporation (“SIOperations”), SUPREME TRUCK BODIES OF CALIFORNIA, INC., a California corporation (“STBCalifornia”), SUPREME NORTHWEST, L.L.C., a Texas limited liability company (“SNorthwest”), SUPREME CORPORATION OF TEXAS, a Texas corporation (“SCTexas”), SUPREME MID-ATLANTIC CORPORATION, a Texas corporation (“SMid-Atlantic”), SUPREME INDUSTRIES, INC., a Delaware corporation (“SIndustries”), and SUPREME/MURPHY TRUCK BODIES, INC., SUPREME INDIANA MANAGEMENT, INC., SUPREME STB, LLC, SC TOWER STRUCTURAL LAMINATING, INC. and SILVER CROWN, LLC (collectively with SIOperations, STBCalifornia, SNorthwest, SCTexas, SMid-Atlantic, and SIndustries, each of the foregoing are referred to in this Amendment as a “Guarantor;” and collectively as the “Guarantors”). SIOperations, STBCalifornia, SNorthwest, SCTexas, SMid-Atlantic, and SIndustries are each sometimes referred to in this Amendment as a “Borrower” and are collectively referred to in this Amendment as the “Borrowers.”

Recitals

B. On January 21, 2009, The Armored Group (“TAG”) filed a complaint against subsidiaries of SIndustries (the “Subsidiary Defendants”) alleging breach of oral contract, unjust enrichment, and other claims, including that SIndustries had an obligation to pay TAG a 10% commission on all sales of armored vehicles to the United States Department of State under a contract with the United States Department of State providing for up to $98,000,000 in sales (the “Lawsuit”). On May 25, 2011, SIndustries, the Subsidiary Defendants and TAG signed a Civil Settlement Agreement under the terms of which this Lawsuit will be dismissed and SIndustries agreed to (i) pay to TAG the cash sum of $1,100,000 (payable $400,000 on or about May 25, 2011, and the balance of $700,000 payable over the next twelve months in the principal amount of $58,333 per month plus interest at a rate of 5.75% per annum); and (ii) issue and deliver to TAG on or about May 25, 2011, 350,000 shares of the SIndustries’ Class A Common Stock and an additional 350,000 shares on January 15, 2012 (the “Settlement”).

C. The Settlement constitutes an Event of Default pursuant to Section 7(u) of the Credit Agreement (the “Existing Default”).

D. The Borrowers request Chase to (a) waive the Existing Default, and (b) increase the maximum amount of the Revolving Commitment by $3,000,000 beginning on June

15, 2011 and ending on the Maturity Date, which increase is requested in lieu of requesting Chase to commit to making the Term Loans B.

Agreement

1. Definitions. Except as otherwise expressly stated in this Amendment, all terms used in this Amendment that are defined in the Credit Agreement and that are not otherwise defined in this Amendment, shall have the same meanings in this Amendment as are ascribed to them in the Credit Agreement.

2. Amendments to the Credit Agreement. Effective as of the Effective Date, the Credit Agreement is amended as follows:

(a) Amended Definitions. Section 1.01 of the Credit Agreement is amended so that each of the following defined terms is amended and, as so amended, restated in its entirety to read as follows:

“Revolving Commitment” means the commitment of the Lender to make Revolving Loans, as such commitment may be reduced from time to time pursuant to Section 2.08. During each time period identified in the table below under the column entitled “Time Period”, the amount of the Revolving Commitment is the amount set forth adjacent to such time period under the column entitled “Revolving Commitment”.

Time Period		Revolving Commitment

Beginning on June 15, 2011 through and including July 14, 2011		$24,280,000

Beginning on July 15, 2011 through and including August 30, 2011		$24,170,000

Beginning on August 31, 2011 and continuing through and including September 29, 2011		$14,560,000 (or if the LC Release shall have occurred, $16,560,000)

Beginning on September 30, 2011 and continuing through and including October 30, 2011		$14,450,000 (or if the LC Release shall have occurred, $16,450,000)

Beginning on October 31, 2011 and continuing through and including November 29, 2011		$14,340,000 (or if the LC Release shall have occurred, $16,340,000)

Beginning on November 30, 2011 and		$14,230,000 (or if the LC Release shall have occurred,

continuing thereafter until the Maturity Date		$16,230,000)

On the Maturity Date and thereafter		zero dollars ($0)

(b) Amendment to Section 8.03(a). Section 8.03(a) of the Credit Agreement is amended and, as so amended, restated in its entirety to read as follows:

“(a) The Borrowers shall pay, within 10 days of demand for payment by the Lender, (i) all reasonable out of pocket expenses incurred by the Lender and its Affiliates, including the reasonable fees, charges and disbursements of counsel for the Lender (whether outside counsel or the allocated costs of its internal legal department), in connection with the credit facilities provided for herein, the preparation and administration of the Loan Documents or any amendments, modifications or waivers of the provisions of the Loan Documents (whether or not the transactions contemplated hereby or thereby shall be consummated), the valuation, appraisal, assessment or examination of the Collateral and the Real Estate, (ii) all reasonable out-of-pocket expenses incurred by the Lender in connection with the issuance, amendment, renewal or extension of the Workers Comp Letter of Credit or any demand for payment thereunder and (iii) all out-of-pocket expenses incurred by the Lender, including the fees, charges and disbursements of any counsel for the Lender (whether outside counsel or the allocated costs of its internal legal department), in connection with the enforcement, collection or protection of its rights in connection with the Loan Documents, including its rights under this Section, or in connection with the Loans or Workers Comp Letter of Credit, including all such out-of pocket expenses incurred during any workout, restructuring or negotiations in respect of such Loans or the Workers Comp Letter of Credit. Expenses reimbursable by the Borrowers under this Section include, without limiting the generality of the foregoing, costs, fees and expenses incurred in connection with:

(i) appraisals and insurance reviews;

(ii) field examinations and the preparation of Reports based on the fees charged by a third party retained by the Lender or the internally allocated fees for each Person employed by the Lender with respect to each field examination;

(iii) taxes, fees and other charges for (A) lien and title searches and title insurance and (B) recording the Mortgages, filing financing statements and continuations, and other actions to perfect, protect, and continue the Lender’s Liens;

(iv) any environmental test, assessment, inspection, report, Phase I or Phase II study on the Real Estate, and all costs, fees, and expenses incurred by the Lender in connection with any action taken in connection with or based on the recommendations of any such environmental test, assessment, inspection, report, Phase I or Phase II study;

(v) sums paid or incurred to take any action required of any Loan Party under the Loan Documents that such Loan Party fails to pay or take; and

(vi) costs and expenses of preserving and protecting the Collateral.

All of the foregoing costs and expenses may, at the election of the Lender, be charged to the Borrowers as Revolving Loans or charged to a deposit account of the Borrowers, all as described in Section 2.17(c).”

3. Waiver of Existing Default. Subject to the other terms of this Amendment, including, without limitation, the full satisfaction of all conditions to effectiveness set forth in Section 6 of this Amendment, Chase waives the Existing Default. The waiver set forth in this Section 3 is a one-time waiver with respect to the Event of Default under Section 7(u) of the Credit Agreement and such waiver applies only to the Settlement. The waiver set forth in this Section 3 shall not be deemed to be a waiver by Chase of any other Default or Event of Default under the Credit Agreement or any of the Loan Documents, now existing or hereafter occurring, including any further Event of Default under Section 7(u) of the Credit Agreement.

4. Representations and Warranties. Each Borrower represents and warrants to Chase as follows:

(b) Other than the Existing Default, no Default or Event of Default exists as of the Effective Date under the Credit Agreement or any of the other Loan Documents.

(d) The Borrowers acknowledge and agree that Chase has not made, has no obligation to make and will not make the Term Loans B. The Borrowers, for various reasons, decided not to continue their request that Chase commit to make the Terms Loans B, and, instead

of making the Term Loans B, the Borrowers requested that Chase amend and increase the Revolving Commitment as set forth in this Amendment.

5. Consent and Representations of the Guarantors. Each Guarantor covenants, represents and warrants to Chase as follows:

(d) this Amendment is the legal, valid, and binding obligation of such Guarantor, and enforceable against such Guarantor in accordance with its terms.

6. Effectiveness. This Amendment is not effective until it shall have been executed and delivered by the Borrowers and the Guarantors to Chase and executed by Chase.

7. Additional Covenants. To the extent not paid on the Effective Date, SIOperations shall pay all costs, fees and expenses incurred by Chase in connection with the review of the Settlement and the negotiation, preparation and closing of this Amendment and the other documents, instruments and agreements to be executed and delivered pursuant hereto, including the reasonable fees and out-of-pocket expenses of Baker & Daniels LLP, special counsel to Chase and the reasonable fees and out-of-pocket expenses of LS Associates, LLC, financial consultant to Chase. Failure by the Borrowers to pay in full such fees, costs, and expenses within 10 days of the delivery by Chase to the Borrowers of an invoice for payment for all or any portion of such fees, costs, premiums, and expenses shall be an Event of Default under the Credit Agreement. The covenants and agreements of the Borrowers in this Section 7 are in addition to, and not in lieu of, any covenants and agreements of the Borrowers in the Credit Agreement or the other Loan Documents.

8. Release. EACH BORROWER AND GUARANTOR (EACH INDIVIDUALLY REFERRED TO AS AN “OBLIGOR” AND COLLECTIVELY REFERRED TO AS THE “OBLIGORS”), FOR THEMSELVES AND THEIR RESPECTIVE LEGAL REPRESENTATIVES, SUCCESSORS AND ASSIGNS (COLLECTIVELY, THE “RELEASING PARTIES”), JOINTLY AND SEVERALLY RELEASES AND DISCHARGES CHASE AND ITS OFFICERS, DIRECTORS, AGENTS, EMPLOYEES, ATTORNEYS, LEGAL REPRESENTATIVES, SUCCESSORS, AND ASSIGNS (COLLECTIVELY, THE “RELEASED PARTIES”) FROM ANY AND ALL CLAIMS, DEMANDS, ACTIONS,

DAMAGES, CAUSES OF ACTION, AND AFFIRMATIVE DEFENSES WHICH ANY OF THE RELEASING PARTIES HAS ASSERTED OR CLAIMED OR MIGHT NOW OR HEREAFTER ASSERT OR CLAIM AGAINST ALL OR ANY OF THE RELEASED PARTIES, WHETHER KNOWN OR UNKNOWN, ARISING OUT OF, RELATED TO OR IN ANY WAY CONNECTED WITH OR BASED UPON ANY ACT, OMISSION, CIRCUMSTANCE, AGREEMENT, LOAN, EXTENSION OF CREDIT, TRANSACTION, TRANSFER, PAYMENT, EVENT, ACTION, OR OCCURRENCE RELATED TO THE LIABILITIES, THE LOAN DOCUMENTS, OR ANY TRANSACTION CONTEMPLATED THEREBY BETWEEN OR INVOLVING ANY OBLIGOR OR ANY OF THE PROPERTY OF ANY OBLIGOR, AND ALL OR ANY OF THE RELEASED PARTIES AND WHICH WAS MADE OR EXTENDED OR WHICH OCCURRED AT ANY TIME OR TIMES PRIOR TO THE EFFECTIVE DATE.

9. Binding on Successors and Assigns. All of the terms and provisions of this Amendment shall be binding upon and inure to the benefit of the parties hereto, their respective successors, assigns and legal representatives.

10. Governing Law; Entire Agreement; Survival; Miscellaneous. This Amendment is a contract made under, and shall be governed by and construed in accordance with, the laws of the State of Indiana applicable to contracts made and to be performed entirely within such state and without giving effect to its choice or conflicts of laws principles. This Amendment constitutes and expresses the entire understanding between the parties with respect to the subject matter hereof, and supersedes all prior agreements and understandings, commitments, inducements or conditions, whether expressed or implied, oral or written. All covenants, agreements, undertakings, representations and warranties made in this Amendment shall survive the execution and delivery of this Amendment.

11. Amendment of Other Documents. All references to the Credit Agreement in the other Loan Documents shall mean the Credit Agreement and the SIO Security Agreements, as modified and amended by this Amendment and as any of them may be further amended, modified, extended, renewed, supplemented and/or restated from time to time and at any time. The other Loan Documents are hereby modified and amended to the extent necessary to conform them to, or to cause them to accurately reflect, the terms of the Credit Agreement and the SIO Security Agreement, as modified by this Amendment. Except as otherwise expressly provided in this Amendment, all of the terms and provisions of the Credit Agreement, the SIO Security Agreements and the other Loan Documents, as modified and amended by this Amendment, remain in full force and effect and fully binding on the parties thereto and their respective successors and assigns.

12. Further Assurances. The Borrowers and the Guarantors shall duly execute and deliver, or cause to be executed and delivered, such further instruments and perform or cause to be performed such further acts as may be necessary or proper in the reasonable opinion of Chase to carry out the provisions and purposes of this Amendment.

13. Counterparts. This Amendment may be executed in two or more counterparts, each of which shall constitute an original, but all of which when taken together shall constitute but one agreement. In the event any party executes and delivers this Amendment via facsimile, such party hereby agrees that for the purposes of enforcement and all applicable statutes, laws and rules, including, without limitation, the Uniform Commercial Code, rules of

evidence and statutes of fraud: (i) the facsimile signature of such party shall constitute a binding signature of such party as a symbol and mark executed and adopted by such party with a present intention to authenticate this Amendment; (ii) the facsimile of this Amendment shall constitute a writing signed by such party; and (iii) the facsimile of this Amendment shall constitute an original of and best evidence of this Amendment.

14. Recitals Incorporated. Chase, the Borrowers and the Guarantors agree that the Recitals set forth in this Amendment are true and correct.

[signatures on following 1 page]

IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly executed and delivered by their respective authorized signatories.

SUPREME INDUSTRIES, INC.		SUPREME INDIANA OPERATIONS, INC.
As a Borrower and a Guarantor		As a Borrower and a Guarantor


By:	/s/ Kim Korth	By:	/s/ Kim Korth
	Kim Korth, President		Kim Korth, President

SUPREME MID-ATLANTIC CORPORATION		SUPREME TRUCK BODIES OF
As a Borrower and a Guarantor		CALIFORNIA, INC.
		As a Borrower and a Guarantor

By:	/s/ Kim Korth	By:	/s/ Kim Korth
	Kim Korth, President		Kim Korth, President


SUPREME CORPORATION OF TEXAS		SUPREME NORTHWEST, L.L.C.
As a Borrower and a Guarantor		As a Borrower and a Guarantor


By:	/s/ Kim Korth	By:	/s/ Kim Korth
	Kim Korth, President		Kim Korth, President


SUPREME INDIANA MANAGEMENT, INC.		SC TOWER STRUCTURAL LAMINATING, INC.
As a Guarantor		As a Guarantor


By:	/s/ Kim Korth	By:	/s/ Kim Korth
	Kim Korth, President		Kim Korth, President

SUPREME MURPHY TRUCK BODIES, INC.		SUPREME STB, LLC
As a Guarantor		As a Guarantor


By:	/s/ Kim Korth	By:	/s/ Herbert M. Gardner
	Kim Korth, President		Herbert M. Gardner, President

JPMORGAN CHASE BANK, N.A.		SILVER CROWN, LLC
As the Lender		As a Guarantor


By:	/s/ Michael E. Lewis	By:	/s/ Kim Korth
	Michael E. Lewis, Senior Vice President		Kim Korth, President

EX-10.3 4 a11-13990_1ex10d3.htm EX-10.3

Exhibit 10.3

CIVIL SETTLEMENT AGREEMENT

This civil settlement agreement (“Agreement”) is made by and between The Armored Group, LLC (“TAG”), a Nevada limited liability company, and Supreme Indiana Operations, Inc., a Delaware corporation, successor to Supreme Corporation, a Texas corporation, and Supreme Corporation of Texas, a Texas corporation (collectively “Supreme”). TAG and Supreme are the parties (“Parties”) to this Agreement.

1. Recitals, Representations and Conditions

1.1 TAG filed a lawsuit against Supreme in Arizona which was removed to the federal court, No. CV-09-00414-PHX-NVW.

1.2 Supreme filed a lawsuit against TAG in Indiana state court, and TAG has filed counterclaims against Supreme, No. 20D03-0209-PL.

1.3 TAG and Supreme have reached a full settlement of all claims and counterclaims in the lawsuits.

1.4 Supreme represents that (a) it has filed all required reports under Section 13 or 15(d) of the Securities Exchange Act of 1934, as applicable, during the 12-month period preceding the date hereof, (b) the information furnished or filed in such reports does not contain, as of the date such report was filed, any untrue statement of a material fact with respect to Supreme and does not omit to state any material fact with respect to Supreme necessary in order to make the statements made therein, in light of the circumstances under which made, not misleading, and (c) except as disclosed in writing to TAG, no additional disclosures beyond those set forth in such reports are necessary to (i) update or correct any untrue statement of material fact with respect to Supreme in such reports as of the date hereof or (ii) cure any omission to state any material fact with respect to Supreme in such reports necessary in order to make the statements made therein, in light of the circumstances under which made, not misleading, as of the date hereof.

1.5 TAG requests that all class A stock it receives under this settlement agreement be registered. Supreme represents and warrants that it will register any stock issued and delivered to TAG or its designee with

the SEC on a Form S-1 Registration Statement (or, if possible, an S-3 Registration Statement) at Supreme’s sole expense and keep any such S-1 or S-3 Registration Statement current (“evergreen”) until the earlier of: (i) the date on which TAG may sell all of the shares covered by such Registration Statement without a restriction on the volume of shares that can be sold pursuant to Rule 144 promulgated under the Securities Act of 1933, as amended (the “Securities Act”); or (ii) the date on which TAG shall have sold all of the shares covered by the Registration Statement. Supreme shall act reasonably and diligently and will exercise its best efforts to file an S-1 or S-3 Registration Statement with the SEC within 30 days after the date of this Agreement with respect to the 350,000 shares issued to TAG upon execution of this Agreement, and within 30 days with respect to the 350,000 shares issued to TAG on January 15, 2012, and then have such Registration Statements declared effective promptly thereafter. Supreme shall notify TAG when the Registration Statements are effective.

1.6 Supreme represents that as of the date of the signing of this settlement agreement that it has no plans to file any actions in bankruptcy.

1.7 TAG acknowledges that the 700,000 shares of class A stock to be issued pursuant to Section 2.2 hereof will be issued in reliance upon the exemptions from registration or qualification under the Federal and state securities laws based, in part, upon TAG’s representations in this Section 1.7. TAG is acquiring the shares of class A stock for its own account and not with a view to, or for sale in connection with, any distribution thereof. TAG acknowledges that such shares may not be sold or transferred unless such sale or transfer is registered or qualified with the appropriate securities authorities or unless an opinion of counsel, reasonably satisfactory to Supreme, is rendered that there then exists an exemption from such registration or qualification applicable to such sale or transfer. TAG understands that the certificates evidencing the shares of class A stock shall bear legends reflecting these restrictions on sale or transfer. TAG is an “accredited investor” as defined in Rule 501 promulgated under the Securities Act.

2. Consideration

2.1 Supreme will pay TAG $1,100,000 in cash. This cash payment is in addition to any voluntary payments made by Supreme to TAG during the course of the lawsuit. $400,000 shall be paid upon the signing of this Agreement. The remaining $700,000 shall be paid over the next twelve months in the principal amount of $58,333 per month plus accrued interest at 5.75% simple interest, commencing thirty days after the signing of this Agreement. Upon any refinancing of the Supreme companies prior to the end payment of the $1,100,000, Supreme shall pay any remainder of the amount in full without prepayment penalty. All payments shall be made to the Osborn Maledon trust account.

2.2 Upon the signing of this Agreement, Supreme shall issue and deliver to TAG or its designee 700,000 shares of class A stock on the following schedule: 350,000 shares on the signing of this Agreement; 350,000 shares on January 15, 2012. TAG or its designee may place no more than 50,000 shares for sale on the open market for any thirty day period. Supreme, in its sole discretion, can authorize TAG to sell more than 50,000 shares a month under this agreement upon request. If TAG requests permission to sell more than 50,000 shares per month, it will notify Supreme and Supreme shall have 72 hours to agree or not agree. This notice can be given along with the notice of right to first refusal discussed below in paragraph 2.3. Supreme shall report the issuance and delivery of class A stock to TAG or its designee on a form 1099 when stock is received by TAG or its designee. In the event of a forward stock split, stock dividend, reverse stock split, or recapitalization, TAG will be treated in the same manner as all of the other holders of Supreme’s Class A Common Stock.

2.3 Prior to selling any class A stock, TAG or its designee will give Supreme three days notice in writing of the amount of stock TAG intends to sell, and Supreme (or its designee) shall have a right to purchase the class A stock that TAG or its designee has stated it intends to put on the market at the then market price which will be the closing price of the stock on the day preceding the written notice in writing. The written notice shall be sent to the addresses provided for notice to Supreme below. E-mail notice is delivered on the day it is

sent. If Supreme (or its designee) elects to purchase the stock, then Supreme shall give notice to TAG at the address provided for notice below and the cash payment for the stock will be made within 48 hours of Supreme’s (or its designee’s) notice that it will buy the stock and payment will be wired to an account to be provided by TAG. This agreement applies only to TAG or its designee, and does not apply to any buyer of the stock from TAG or its designee. If Supreme (or its designee) elects not to purchase the stock, then the right to purchase as to those shares ceases and TAG or its designee may sell those shares on the open market when it chooses.

2.4 The lawsuits, complaints and counterclaims referred to above shall be dismissed by stipulation with prejudice subject to the provisions of sections 2.5, 2.6 and 2.9.

2.5 Each side will bear its own attorneys’ fees and costs in the lawsuits, complaints and counterclaims referred to above.

2.6 TAG and all of its owners (specifically including Robert Pazderka), agents, officers, members, attorneys, employees, representatives, affiliates and their owners, agents, officers, directors, members, and representatives release and forever discharge Supreme and all of its insurers, sureties, agents, officers, directors, members, attorneys, employees, subsidiaries, parents and affiliates from any and all liabilities, claims, counterclaims, debts, demands, damages, costs, deprivation of rights, loss of services, disabilities, expenses, compensation actions, causes of action, or suits in equity, of whatever kind and of whatever nature, which are now known or may hereafter be discovered arising from or in connection with the civil lawsuits, except for any obligation arising from this Agreement. This release shall be effective upon the signing of the Agreement and the payment of the $400,000 referenced above, provided, however, that in the event that any action is ever commenced by Supreme in a bankruptcy court, then Supreme agrees to give TAG a liquidated damage judgment in the amount of $3,400,000 (“Liquidated Amount”) minus all cash payments made to TAG (which are not finally determined to be preferential transfers) as set out below.

Assuming that the $1,100,000 cash payment by Supreme has been paid and is not determined to be a preferential transfer, the Liquidated Amount will have been reduced to $2,300,000.

When the Registration Statement covering the 350,000 shares of stock issued and delivered by Supreme to TAG, on the signing date of the Settlement Agreement, is declared effective (the “Effective Date”) by the SEC, TAG will be in a position to sell 50,000 shares during every thirty day period. During the first twenty-four (24) months following the signing of this agreement, the Liquidated Amount will be reduced by the actual sales prices received by TAG for all shares sold during that twenty-four (24) month period. At the end of such twenty-four (24) month period, the then remaining Liquidated Amount shall be further reduced by the fair market value of each block of unsold 50,000 shares (or portion thereof) for the month during which each such block of 50,000 shares (or portion thereof) could have been sold on the market. For valuation purposes, the fair market value of any such block of 50,000 shares (or portion thereof) of unsold stock will be the closing price of Supreme’s Class A Common Stock on the NASDAQ for on the last day of such month. For example, assume that at the end of the twenty-four month period referred to above, there is a block of 50,000 shares of unsold stock that could have first been sold on the market by TAG during the month of October, 2011. The then remaining amount of the Liquidated Amount will be reduced by 50,000 times the closing price of Supreme’s Class A Common Stock on the NASDAQ on October 31, 2011.

On January 15, 2012, Supreme will issue and deliver to TAG an additional 350,000 shares of stock. Reductions in the Liquidated Amount will occur in the same manner as explained in the preceding paragraph.

Although TAG is prevented from selling more than 50,000 shares in any thirty day period, if it requests a waiver of this restriction so that it can sell more than 50,000 shares in one thirty day period, and Supreme grants such waiver, then the reduction in the Liquidated Amount will be based on the actual number of shares sold during that single thirty day period (valued in the manner provided two paragraphs above).

However, no reductions will be made to the Liquidated Amount for Supreme stock distributed by Supreme to TAG which is later determined to have been a preferential transfer.

2.7 Supreme and all of its, agents, officers, members, attorneys, employees, representatives, affiliates, subsidiaries and their owners, agents, officers, directors, members, and representatives releases and forever discharges TAG and all of its insurers, sureties, agents, officers, directors, members, attorneys, employees, subsidiaries, parents and affiliates from any and all liabilities, claims, counterclaims, debts, demands, damages, costs, deprivation of rights, loss of services, disabilities, expenses, compensation actions, causes of action, or suits in equity, of whatever kind and of whatever nature, which are now known or may hereafter be discovered arising from or in connection with the civil lawsuits, except for any obligation arising from this Agreement.

2.8 This Agreement shall be confidential and not disclosed to anyone except employees or attorneys of the Parties or their affiliates who need to know, current or prospective insurance companies of the Parties, accountants who review or audit financial statements of the Parties, directors of the Parties, entities who underwrite securities of the Parties, representatives of Supreme’s current and proposed lending institutions, or upon order of the Court or the request of any governmental entity or as may otherwise be required by law (such as SEC filing and disclosure requirements).

2.9 Time is of the essence in this Agreement. In the event that Supreme fails, on a timely basis, to make a cash payment or distribution of stock to TAG as above required, TAG shall give written notification to Supreme of its default. Supreme will then have a period of five (5) business days to cure such default. In addition to the sums due to cure the default, Supreme will be liable for payment of a $1,500 penalty to TAG (in addition to all of its other remedies) to cure the default.

If Supreme fails to make a cash payment under section 2.1, and cure the default within five business days after notice, then Supreme consents to the entry of judgment against it for the full remaining cash consideration unpaid at the time of default upon motion by TAG to

the federal district court in Arizona, No. CV-09-00414-PHX-NVW. Interest on the judgment shall run at the Arizona statutory rate.

If Supreme fails to make a stock distribution under section 2.2, and cure the default within five business days after notice, then TAG, at its sole election, may either move for specific enforcement of this settlement agreement upon motion to the federal district court in Arizona, No. CV-09-00414-PHX-NVW, or Supreme consents to the entry of judgment against it for the fair market value of the stock which was not issued and distributed to TAG upon motion by TAG to the federal district court in Arizona, No. CV-09-00414-PHX-NVW (such fair market value to be based upon the number of shares of such stock times the closing price of the Supreme Class A Common Stock on the NASDAQ on the fifth business day). Interest on the judgment shall run at the Arizona statutory rate.

Supreme agrees that its duties under this settlement agreement are subject to specific enforcement upon a motion for enforcement of its settlement duties in the federal district court in Arizona, No. CV-09-00414-PHX-NVW.

3.0 Other Provisions

3.1 This Agreement shall be binding upon and inure to the benefit of and be enforceable by and against the Parties, their spouses and successors, and each of their present and former officers, agents, heirs, assigns, shareholders, owners, servants, directors, employees, former employees, investors, lawyers and all other representatives or anyone acting on behalf of them.

3.2 No failure on the part of the Parties to exercise any of their rights under this Agreement or any of the other documents executed by the Parties shall be construed as a waiver or shall in any way prejudice the Parties from pursuing their rights in the event of any subsequent breach. No delay on the part of the Parties in executing any of their rights shall preclude them from exercising their rights in the future.

3.3 The Parties hereto have reviewed this Agreement and agree that the normal rule of construction that any ambiguities in this Agreement are to be construed against the drafter shall not be employed in

interpretation of this Agreement.

3.4 The Parties to this Agreement represent and warrant that they have not sold, conveyed, transferred or otherwise disposed of any of their claims raised in the litigation and released in this Agreement. The Parties represent and warrant that the individuals signing this Agreement have full authority to sign for and bind the Parties.

3.5 This Agreement can be executed in any number of counterparts (including facsimile), each of which shall be an original but all of which shall constitute one instrument.

3.6 If any other clause or term is deemed by a court to be void, illegal, against public policy, or otherwise unenforceable, that clause or term, and only that clause or term, will be invalid and the remaining terms of this Agreement shall remain in force and effect.

3.7 From time to time, without consideration, upon request by any one of the Parties, their successors or assigns, the Parties hereto agree to execute any other or further documents or take any and all actions reasonably necessary or desirable for the effectuation of the terms or provisions of this Agreement.

3.8 This Agreement shall be governed by and construed in accordance with the laws of the State of Arizona, including, without limitation, all matters of formation, interpretation, construction, validity, performance and enforcement, without regard to any Arizona conflict of law provisions.

3.9 The Parties agree that this Agreement is a compromise and settlement of disputed claims and that no liability with respect to such claims is admitted. This settlement is being made solely to terminate the present disputes and avoid litigation.

3.10 If there is a dispute over this Agreement, the prevailing party shall be entitled to reasonable attorneys’ fees, expenses and costs.

3.11 Any notices to TAG under this Agreement shall be mailed by first class mail to The Armored Group, c/o Robert Pazderka, 5221 North Saddlerock Drive, Phoenix, Arizona 85018; and e-mailed to Robert

Pazderka at paz@armoredcars.com; and first class mailed to Colin Campbell, Osborn & Maledon, 2929 North Central Ave., 21st floor, Phoenix, Arizona 85012-2793; and e mailed to Colin Campbell at Ccampbell@omlaw.com

3.12 Any notices to Supreme under this Agreement shall be mailed by first class mail to Kim Korth, Supreme Industries, Inc., 2581 Kercher Road, Goshen, Indiana 46528; and e-mailed to Kim Korth at kim.korth@supremecorp.com; and first class mailed to Rice Tilley, Haynes and Boone, LLP, 201 Main Street, suite 2200, Fort Worth, Texas 76102-3126; and e mailed to Rice Tilley at rice.tilley@haynesboone.com

[signature page follows]

Dated this 25 day of May, 2011.


The Armored Group, LLC, a Nevada limited liability company

/s/ Robert Pazderka
Robert Pazderka, President


/s/ Robert Pazderka
Robert Pazderka, Individually (but only for purposes of Sec. 2.6)


Supreme Indiana Operations, Inc., a Delaware corporation

/s/ Kim Korth
By:	Kim Korth
	President and CEO


Supreme Corporation of Texas, a Texas corporation

/s/ Kim Korth
By:	Kim Korth
	President and CEO

EX-10.4 5 a11-13990_1ex10d4.htm EX-10.4

Exhibit 10.4

AMENDMENT TO CIVIL SETTLEMENT AGREEMENT

This Amendment to Civil Settlement Agreement (“Amendment”) dated May 25, 2011, is made by and between The Armored Group, LLC (“TAG”), a Nevada limited liability company, and Supreme Indiana Operations, Inc., a Delaware corporation, successor to Supreme Corporation, a Texas corporation, and Supreme Corporation of Texas, a Texas corporation (collectively “Supreme”). TAG and Supreme are the parties (“Parties”) to this Amendment. These same parties are the signatories to the Civil Settlement Agreement dated May 25, 2011.

Recitals, Representations and Conditions

TAG and Supreme have reached a full settlement of all claims and counterclaims in two lawsuits, and the settlement is set forth in the Civil Settlement Agreement dated May 25, 2011. Pursuant to that Civil Settlement Agreement, the lawsuits have been dismissed.

Supreme approached TAG about an Amendment to the Civil Settlement Agreement. Supreme and TAG agree in this writing to amend that Civil Settlement Agreement dated May 25, 2011. Except where expressly superseded by this Amendment, all the remaining terms and conditions of the Civil Settlement Agreement, dated May 25, 2011, remain in full force and effect.

Paragraph 1.5 of the Civil Settlement Agreement is amended and supplemented as follows: TAG does not request that all Class A Common Stock it receives under the Civil Settlement Agreement be registered, and Supreme is not obligated to register such Stock in an S-1 or S-3 Registration Statement. Supreme shall issue legend stock which TAG or its designee shall not be able to sell until it has held the stock for six months pursuant to Rule 144 promulgated under the Securities Act of 1933, as amended (the “Securities Act”). With respect to the 350,000 shares to be issued to TAG (or its designee) upon execution of the Civil Settlement Agreement, Supreme shall, upon issuance of an opinion from its legal counsel (which will be paid for by Supreme) as soon as reasonably possible after such six months holding period, replace the legend stock with clean stock, issued without a legend, which can then be sold subject to the other terms of this Civil Settlement Agreement. The same obligations will be undertaken by Supreme with respect to the 350,000 shares to be issued to TAG on January 15, 2012; that is, after the six months holding period Supreme (as soon as reasonably possible after issuance of a legal opinion from its counsel) will re-issue clean stock without a legend for sale. Unless otherwise instructed by TAG, the stock issued to TAG will be held by the transfer agent in a direct account (if reasonably available).

Paragraph 2.2 of the Civil Settlement Agreement is amended and supplemented as follows: If, after January 1, 2012, TAG determines that it needs to sell Supreme Class A Common Stock to pay taxes (generated by its receipt in 2011 of such Class A Common Stock) on or before April 15, 2012, then TAG may, regardless of the 50,000 shares a month restriction contained in the Civil Settlement Agreement, sell enough Class A Common Stock to enable TAG to pay its tax obligation (but only to the extent that such taxes exceed the sale proceeds that TAG would have received (or did receive) from sales of the monthly 50,000 share blocks which it could have sold (or still can sell) prior to April 15, 2012. If the preceding sentence is triggered, then, upon request by Supreme, TAG shall provide to Supreme the tax calculations necessary to justify such excess sales. Nonetheless, Supreme’s right of first refusal contained in the Civil Settlement Agreement will apply to these sales made to pay taxes.

Consideration for Amendment

As consideration for this Amendment, Supreme shall pay $15,000 to TAG upon the signing of this Amendment, and $10,000 to TAG on January 15, 2012.

Other Provisions

This written Amendment Agreement can be executed in any number of counterparts (including facsimile), each of which shall be an original but all of which shall constitute one instrument.

[signature page follows]

Dated to be effective June 7, 2011.

The Armored Group, LLC, a Nevada limited liability company

/s/ Robert Pazderka
Robert Pazderka, President
Date signed: June 7, 2011

Supreme Indiana Operations, Inc., a Delaware corporation

/s/ Kim Korth
By: Kim Korth, President
Date signed: June 7, 2011

Supreme Corporation of Texas, a Texas corporation

/s/ Kim Korth
By: Kim Korth, President
Date signed: June 7, 2011

EX-31.1 6 a11-13990_1ex31d1.htm EX-31.1

Exhibit 31.1

CERTIFICATION OF CHIEF EXECUTIVE OFFICER

I, Kim Korth, certify that:

1. I have reviewed this Quarterly Report on Form 10-Q of Supreme Industries, Inc.;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c) Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5. The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize, and report financial information; and

b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Date: August 16, 2011	/s/ Kim Korth
	Kim Korth
	Chief Executive Officer

EX-31.2 7 a11-13990_1ex31d2.htm EX-31.2

Exhibit 31.2

CERTIFICATION OF CHIEF FINANCIAL OFFICER

I, Matthew W. Long, certify that:

1. I have reviewed this Quarterly Report on Form 10-Q of Supreme Industries, Inc.;

b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Date: August 16, 2011	/s/ Matthew W. Long
	Matthew W. Long
	Chief Financial Officer

EX-32.1 8 a11-13990_1ex32d1.htm EX-32.1

Exhibit 32.1

CERTIFICATION OF CHIEF EXECUTIVE OFFICER

PURSUANT TO 18 U.S.C. SECTION 1350, AS ADOPTED

PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (subsections (a) and (b) of Section 1350, Chapter 63 of Title 18, United States Code), the undersigned officer of Supreme Industries, Inc. (the “Company”) does hereby certify, to such officer’s knowledge, that:

The Quarterly Report on Form 10-Q for the quarter ended July 2, 2011 (the “Form 10-Q”) of the Company fully complies with the requirements of Section 13(a) or 15(d), as applicable, of the Securities Exchange Act of 1934, and the information contained in the Form 10-Q fairly presents, in all material respects, the financial condition and results of operations of the Company as of, and for, the periods presented in the Form 10-Q.

DATE: August 16, 2011	/s/ Kim Korth
	Kim Korth
	Chief Executive Officer

The foregoing certification is being furnished as an exhibit to the Form 10-Q pursuant to Item 601(b)(32) of Regulation S-K and Section 906 of the Sarbanes-Oxley Act of 2002 (subsections (a) and (b) of Section 1350, Chapter 63 of Title 18, United States Code) and, accordingly, is not being filed as part of the Form 10-Q for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and is not incorporated by reference into any filing of the Company, whether made before or after the date hereof, regardless of any general incorporation language in such filing.

EX-32.2 9 a11-13990_1ex32d2.htm EX-32.2

Exhibit 32.2

CERTIFICATION OF CHIEF FINANCIAL OFFICER

PURSUANT TO 18 U.S.C. SECTION 1350, AS ADOPTED

PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

DATE: August 16, 2011	/s/ Matthew W. Long
	Matthew W. Long
	Chief Financial Officer

EX-101.INS 10 sts-20110702.xml XBRL INSTANCE DOCUMENT 0000350846 2009-12-26 0000350846 2010-03-28 2010-06-26 0000350846 us-gaap:CommonClassAMember 2011-07-28 0000350846 us-gaap:CommonClassBMember 2011-07-28 0000350846 2011-07-02 0000350846 2010-12-25 0000350846 2011-04-03 2011-07-02 0000350846 sts:MotorhomeOperationsMember 2010-03-28 2010-06-26 0000350846 sts:OregonOperationsMember 2010-03-28 2010-06-26 0000350846 sts:OregonOperationsMember 2011-04-03 2011-07-02 0000350846 2010-12-26 2011-07-02 0000350846 2009-12-27 2010-06-26 0000350846 2010-06-26 0000350846 sts:MotorhomeOperationsMember 2009-12-27 2010-06-26 0000350846 sts:OregonOperationsMember 2009-12-27 2010-06-26 0000350846 sts:OregonOperationsMember 2010-12-26 2011-07-02 iso4217:USD iso4217:USD xbrli:shares xbrli:shares

207213

1050047

1208831

21305281

35676353

9203427

942705

31396525

43696722

9364340

85607505

68443939

79724735

47307193

32417542

767415

118792462

78815303

45760412

33054891

38624

101537454

24524718

25874365

27849730

1029755

9207451

11571902

1040096

10347567

48833930

770847

49604777

51932677

101537454

118792462

51949833

66842629

4230975

62611654

1911607

46065

347528

275625

3720636

1975391

61768

278288

-4283

1905516

-2067755

-2156259

888107

418890

272739

18791

607236

611249

998559

571996

-4373

-215269

-418177

57144275

55743794

2184000

39709

34825856

33393823

2500

1440190

-842834

1434533

-1139903

1222411

82508

<table style="font-size:10pt; font-family:'Times New Roman',times,serif;"> <tr> <td> NOTE 2 DISCONTINUED OPERATIONS   Effective December 25, 2010, the Company decided to cease operations at its Woodburn, Oregon manufacturing facility.  The Oregon operations were discontinued due to the Companys decision to exit this unprofitable geographic region.  In light of a persistently difficult market and challenging cost structure, the Company is working with customers to meet existing commitments.  The amount of Oregon business expected to be retained is insignificant.  The Oregon facility and equipment are classified as held for sale as of July 2, 2011 and December 25, 2010 and are included in other current assets in the accompanying balance sheet.   The 2011 operating results for the Woodburn, Oregon location are classified as discontinued operations, and prior years operating results have been reclassified to discontinued operations as follows:   <table style="MARGIN-LEFT: 5.75pt; WIDTH: 97.88%; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="97%" border="0"> <tr style="HEIGHT: 0px"> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 39.72%; PADDING-TOP: 0in" valign="bottom" width="39%">  </td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.56%; PADDING-TOP: 0in" valign="bottom" width="2%">  </td> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 27.08%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid" valign="bottom" width="27%" colspan="5"> Three Months Ended</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.56%; PADDING-TOP: 0in" valign="bottom" width="2%">  </td> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 27.08%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid" valign="bottom" width="27%" colspan="5"> Six Months Ended</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 1.02%; PADDING-TOP: 0in" valign="bottom" width="1%">  </td></tr> <tr style="HEIGHT: 0px"> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 39.72%; PADDING-TOP: 0in" valign="bottom" width="39%">  </td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.56%; PADDING-TOP: 0in" valign="bottom" width="2%">  </td> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 12.26%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid" valign="bottom" width="12%" colspan="2"> July 2, 2011</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.56%; PADDING-TOP: 0in" valign="bottom" width="2%">  </td> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 12.26%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid" valign="bottom" width="12%" colspan="2"> June 26, 2010</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.56%; PADDING-TOP: 0in" valign="bottom" width="2%">  </td> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 12.26%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid" valign="bottom" width="12%" colspan="2"> July 2, 2011</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.56%; PADDING-TOP: 0in" valign="bottom" width="2%">  </td> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 12.26%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid" valign="bottom" width="12%" colspan="2"> June 26, 2010</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 1.02%; PADDING-TOP: 0in" valign="bottom" width="1%">  </td></tr> <tr style="HEIGHT: 0px"> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 39.72%; PADDING-TOP: 0in" valign="bottom" width="39%" bgcolor="#CCEEFF"> Net sales</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 2.56%; PADDING-TOP: 0in" valign="bottom" width="2%" bgcolor="#CCEEFF">  </td> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 1.32%; PADDING-TOP: 0in; BORDER-BOTTOM: medium none" valign="bottom" width="1%" bgcolor="#CCEEFF"> $</td> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 10.94%; PADDING-TOP: 0in; BORDER-BOTTOM: medium none" valign="bottom" width="10%" bgcolor="#CCEEFF"> 465,193</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 2.56%; PADDING-TOP: 0in" valign="bottom" width="2%" bgcolor="#CCEEFF">  </td> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 1.32%; PADDING-TOP: 0in; BORDER-BOTTOM: medium none" valign="bottom" width="1%" bgcolor="#CCEEFF"> $</td> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 10.94%; PADDING-TOP: 0in; BORDER-BOTTOM: medium none" valign="bottom" width="10%" bgcolor="#CCEEFF"> 1,649,520</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 2.56%; PADDING-TOP: 0in" valign="bottom" width="2%" bgcolor="#CCEEFF">  </td> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 1.32%; PADDING-TOP: 0in; BORDER-BOTTOM: medium none" valign="bottom" width="1%" bgcolor="#CCEEFF"> $</td> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 10.94%; PADDING-TOP: 0in; BORDER-BOTTOM: medium none" valign="bottom" width="10%" bgcolor="#CCEEFF"> 3,285,848</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 2.56%; PADDING-TOP: 0in" valign="bottom" width="2%" bgcolor="#CCEEFF">  </td> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 1.32%; PADDING-TOP: 0in; BORDER-BOTTOM: medium none" valign="bottom" width="1%" bgcolor="#CCEEFF"> $</td> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 10.94%; PADDING-TOP: 0in; BORDER-BOTTOM: medium none" valign="bottom" width="10%" bgcolor="#CCEEFF"> 4,104,067</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 1.02%; PADDING-TOP: 0in" valign="bottom" width="1%" bgcolor="#CCEEFF">  </td></tr> <tr style="HEIGHT: 0px"> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 39.72%; PADDING-TOP: 0in" valign="bottom" width="39%"> Pretax loss from operations</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.56%; PADDING-TOP: 0in" valign="bottom" width="2%">  </td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 1.32%; PADDING-TOP: 0in" valign="bottom" width="1%"> $</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 10.94%; PADDING-TOP: 0in" valign="bottom" width="10%"> (334,706</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.56%; PADDING-TOP: 0in" valign="bottom" width="2%"> )</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 1.32%; PADDING-TOP: 0in" valign="bottom" width="1%"> $</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 10.94%; PADDING-TOP: 0in" valign="bottom" width="10%"> (303,887</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.56%; PADDING-TOP: 0in" valign="bottom" width="2%"> )</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 1.32%; PADDING-TOP: 0in" valign="bottom" width="1%"> $</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 10.94%; PADDING-TOP: 0in" valign="bottom" width="10%"> (691,845</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.56%; PADDING-TOP: 0in" valign="bottom" width="2%"> )</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 1.32%; PADDING-TOP: 0in" valign="bottom" width="1%"> $</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 10.94%; PADDING-TOP: 0in" valign="bottom" width="10%"> (697,771</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 1.02%; PADDING-TOP: 0in" valign="bottom" width="1%"> )</td></tr> <tr style="HEIGHT: 0px"> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 39.72%; PADDING-TOP: 0in" valign="bottom" width="39%" bgcolor="#CCEEFF"> Net loss</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 2.56%; PADDING-TOP: 0in" valign="bottom" width="2%" bgcolor="#CCEEFF">  </td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 1.32%; PADDING-TOP: 0in" valign="bottom" width="1%" bgcolor="#CCEEFF"> $</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 10.94%; PADDING-TOP: 0in" valign="bottom" width="10%" bgcolor="#CCEEFF"> (334,706</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 2.56%; PADDING-TOP: 0in" valign="bottom" width="2%" bgcolor="#CCEEFF"> )</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 1.32%; PADDING-TOP: 0in" valign="bottom" width="1%" bgcolor="#CCEEFF"> $</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 10.94%; PADDING-TOP: 0in" valign="bottom" width="10%" bgcolor="#CCEEFF"> (303,887</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 2.56%; PADDING-TOP: 0in" valign="bottom" width="2%" bgcolor="#CCEEFF"> )</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 1.32%; PADDING-TOP: 0in" valign="bottom" width="1%" bgcolor="#CCEEFF"> $</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 10.94%; PADDING-TOP: 0in" valign="bottom" width="10%" bgcolor="#CCEEFF"> (691,845</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 2.56%; PADDING-TOP: 0in" valign="bottom" width="2%" bgcolor="#CCEEFF"> )</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 1.32%; PADDING-TOP: 0in" valign="bottom" width="1%" bgcolor="#CCEEFF"> $</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 10.94%; PADDING-TOP: 0in" valign="bottom" width="10%" bgcolor="#CCEEFF"> (697,771</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 1.02%; PADDING-TOP: 0in" valign="bottom" width="1%" bgcolor="#CCEEFF"> )</td></tr></table>   In the fourth quarter of 2009, the Company terminated its Silver Crown luxury motorhome product line.  This decision was triggered by a significant reduction of new motorhome sales orders and the cancellation of sales orders due to the extremely tight credit markets caused by the economic recession.  The Company decided to exit the motorhome product line as part of a plan to focus on core truck, bus and armored products and to reduce overall fixed costs.   The Silver Crown facility in White Pigeon, Michigan is classified as held for sale as of July 2, 2011 and December 25, 2010 and is included in other current assets in the accompanying balance sheet.  Any losses incurred in 2011 related to the wind-down of the operations are expected to be insignificant and will be reflected as continuing operations in the 2011 Statement of Operations.   The 2010 operating results for the Silver Crown division are classified as discontinued operations as follows:   <table style="MARGIN-LEFT: 5.75pt; WIDTH: 75.62%; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="75%" border="0"> <tr style="HEIGHT: 0px"> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 49.76%; PADDING-TOP: 0in" valign="bottom" width="49%">  </td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 3.3%; PADDING-TOP: 0in" valign="bottom" width="3%">  </td> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 21.18%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid" valign="bottom" width="21%" colspan="2"> Three Months Ended</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 3.28%; PADDING-TOP: 0in" valign="bottom" width="3%">  </td> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 21.18%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid" valign="bottom" width="21%" colspan="2"> Six Months Ended</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 1.32%; PADDING-TOP: 0in" valign="bottom" width="1%">  </td></tr> <tr style="HEIGHT: 0px"> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 49.76%; PADDING-TOP: 0in" valign="bottom" width="49%">  </td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 3.3%; PADDING-TOP: 0in" valign="bottom" width="3%">  </td> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 21.18%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid" valign="bottom" width="21%" colspan="2"> June 26, 2010</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 3.28%; PADDING-TOP: 0in" valign="bottom" width="3%">  </td> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 21.18%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid" valign="bottom" width="21%" colspan="2"> June 26, 2010</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 1.32%; PADDING-TOP: 0in" valign="bottom" width="1%">  </td></tr> <tr style="HEIGHT: 0px"> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 49.76%; PADDING-TOP: 0in" valign="bottom" width="49%" bgcolor="#CCEEFF"> Net sales</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 3.3%; PADDING-TOP: 0in" valign="bottom" width="3%" bgcolor="#CCEEFF">  </td> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 1.72%; PADDING-TOP: 0in; BORDER-BOTTOM: medium none" valign="bottom" width="1%" bgcolor="#CCEEFF"> $</td> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 19.46%; PADDING-TOP: 0in; BORDER-BOTTOM: medium none" valign="bottom" width="19%" bgcolor="#CCEEFF"> </td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 3.28%; PADDING-TOP: 0in" valign="bottom" width="3%" bgcolor="#CCEEFF">  </td> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 1.72%; PADDING-TOP: 0in; BORDER-BOTTOM: medium none" valign="bottom" width="1%" bgcolor="#CCEEFF"> $</td> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 19.46%; PADDING-TOP: 0in; BORDER-BOTTOM: medium none" valign="bottom" width="19%" bgcolor="#CCEEFF"> 1,567,977</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 1.32%; PADDING-TOP: 0in" valign="bottom" width="1%" bgcolor="#CCEEFF">  </td></tr> <tr style="HEIGHT: 0px"> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 49.76%; PADDING-TOP: 0in" valign="bottom" width="49%"> Pretax loss from operations</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 3.3%; PADDING-TOP: 0in" valign="bottom" width="3%">  </td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 1.72%; PADDING-TOP: 0in" valign="bottom" width="1%"> $</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 19.46%; PADDING-TOP: 0in" valign="bottom" width="19%"> (143,970</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 3.28%; PADDING-TOP: 0in" valign="bottom" width="3%"> )</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 1.72%; PADDING-TOP: 0in" valign="bottom" width="1%"> $</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 19.46%; PADDING-TOP: 0in" valign="bottom" width="19%"> (138,766</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 1.32%; PADDING-TOP: 0in" valign="bottom" width="1%"> )</td></tr> <tr style="HEIGHT: 0px"> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 49.76%; PADDING-TOP: 0in" valign="bottom" width="49%" bgcolor="#CCEEFF"> Net loss</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 3.3%; PADDING-TOP: 0in" valign="bottom" width="3%" bgcolor="#CCEEFF">  </td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 1.72%; PADDING-TOP: 0in" valign="bottom" width="1%" bgcolor="#CCEEFF"> $</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 19.46%; PADDING-TOP: 0in" valign="bottom" width="19%" bgcolor="#CCEEFF"> (143,970</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 3.28%; PADDING-TOP: 0in" valign="bottom" width="3%" bgcolor="#CCEEFF"> )</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 1.72%; PADDING-TOP: 0in" valign="bottom" width="1%" bgcolor="#CCEEFF"> $</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 19.46%; PADDING-TOP: 0in" valign="bottom" width="19%" bgcolor="#CCEEFF"> (138,766</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 1.32%; PADDING-TOP: 0in" valign="bottom" width="1%" bgcolor="#CCEEFF"> )</td></tr></table></td></tr></table>

<table style="font-size:10pt; font-family:'Times New Roman',times,serif;"> <tr> <td> NOTE 8 STOCK-BASED COMPENSATION   The following table summarizes the activity for the unvested restricted stock units and restricted stock for the six months ended July 2, 2011:   <table style="MARGIN-LEFT: 5.75pt; WIDTH: 75.62%; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="75%" border="0"> <tr style="HEIGHT: 0px"> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 60.38%; PADDING-TOP: 0in" valign="bottom" width="60%">  </td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 3.3%; PADDING-TOP: 0in" valign="bottom" width="3%">  </td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 15.84%; PADDING-TOP: 0in" valign="bottom" width="15%">  </td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 3.3%; PADDING-TOP: 0in" valign="bottom" width="3%">  </td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 15.84%; PADDING-TOP: 0in" valign="bottom" width="15%" colspan="2"> Weighted -</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 1.32%; PADDING-TOP: 0in" valign="bottom" width="1%">  </td></tr> <tr style="HEIGHT: 0px"> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 60.38%; PADDING-TOP: 0in" valign="bottom" width="60%">  </td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 3.3%; PADDING-TOP: 0in" valign="bottom" width="3%">  </td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 15.84%; PADDING-TOP: 0in" valign="bottom" width="15%">  </td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 3.3%; PADDING-TOP: 0in" valign="bottom" width="3%">  </td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 15.84%; PADDING-TOP: 0in" valign="bottom" width="15%" colspan="2"> Average</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 1.32%; PADDING-TOP: 0in" valign="bottom" width="1%">  </td></tr> <tr style="HEIGHT: 0px"> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 60.38%; PADDING-TOP: 0in" valign="bottom" width="60%">  </td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 3.3%; PADDING-TOP: 0in" valign="bottom" width="3%">  </td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 15.84%; PADDING-TOP: 0in" valign="bottom" width="15%"> Number of</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 3.3%; PADDING-TOP: 0in" valign="bottom" width="3%">  </td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 15.84%; PADDING-TOP: 0in" valign="bottom" width="15%" colspan="2"> Grant Date</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 1.32%; PADDING-TOP: 0in" valign="bottom" width="1%">  </td></tr> <tr style="HEIGHT: 0px"> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 60.38%; PADDING-TOP: 0in" valign="bottom" width="60%">  </td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 3.3%; PADDING-TOP: 0in" valign="bottom" width="3%">  </td> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 15.84%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid" valign="bottom" width="15%"> Shares</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 3.3%; PADDING-TOP: 0in" valign="bottom" width="3%">  </td> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 15.84%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid" valign="bottom" width="15%" colspan="2"> Fair Value</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 1.32%; PADDING-TOP: 0in" valign="bottom" width="1%">  </td></tr> <tr style="HEIGHT: 0px"> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 60.38%; PADDING-TOP: 0in" valign="bottom" width="60%" bgcolor="#CCEEFF"> Unvested, December 25, 2010</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 3.3%; PADDING-TOP: 0in" valign="bottom" width="3%" bgcolor="#CCEEFF">  </td> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 15.84%; PADDING-TOP: 0in; BORDER-BOTTOM: medium none" valign="bottom" width="15%" bgcolor="#CCEEFF"> 24,584</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 3.3%; PADDING-TOP: 0in" valign="bottom" width="3%" bgcolor="#CCEEFF">  </td> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 1.36%; PADDING-TOP: 0in; BORDER-BOTTOM: medium none" valign="bottom" width="1%" bgcolor="#CCEEFF"> $</td> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 14.48%; PADDING-TOP: 0in; BORDER-BOTTOM: medium none" valign="bottom" width="14%" bgcolor="#CCEEFF"> 3.32</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 1.32%; PADDING-TOP: 0in" valign="bottom" width="1%" bgcolor="#CCEEFF">  </td></tr> <tr style="HEIGHT: 0px"> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 60.38%; PADDING-TOP: 0in" valign="bottom" width="60%"> Granted</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 3.3%; PADDING-TOP: 0in" valign="bottom" width="3%">  </td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 15.84%; PADDING-TOP: 0in" valign="bottom" width="15%"> </td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 3.3%; PADDING-TOP: 0in" valign="bottom" width="3%">  </td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 15.84%; PADDING-TOP: 0in" valign="bottom" width="15%" colspan="2"> n/a</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 1.32%; PADDING-TOP: 0in" valign="bottom" width="1%">  </td></tr> <tr style="HEIGHT: 0px"> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 60.38%; PADDING-TOP: 0in" valign="bottom" width="60%" bgcolor="#CCEEFF"> Vested</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 3.3%; PADDING-TOP: 0in" valign="bottom" width="3%" bgcolor="#CCEEFF">  </td> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 15.84%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid" valign="bottom" width="15%" bgcolor="#CCEEFF"> (19,445</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0.375pt; WIDTH: 3.3%; PADDING-TOP: 0in" valign="bottom" width="3%" bgcolor="#CCEEFF"> )</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 15.84%; PADDING-TOP: 0in" valign="bottom" width="15%" bgcolor="#CCEEFF" colspan="2"> 3.86</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 1.32%; PADDING-TOP: 0in" valign="bottom" width="1%" bgcolor="#CCEEFF">  </td></tr> <tr style="HEIGHT: 0px"> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 60.38%; PADDING-TOP: 0in" valign="bottom" width="60%"> Unvested, July 2, 2011</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 3.3%; PADDING-TOP: 0in" valign="bottom" width="3%">  </td> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 15.84%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 2.25pt double" valign="bottom" width="15%"> 5,139</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 3.3%; PADDING-TOP: 0in" valign="bottom" width="3%">  </td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 1.36%; PADDING-TOP: 0in" valign="bottom" width="1%"> $</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 14.48%; PADDING-TOP: 0in" valign="bottom" width="14%"> 1.27</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 1.32%; PADDING-TOP: 0in" valign="bottom" width="1%">  </td></tr></table>   The total fair value of the shares vested during the six months ended July 2, 2011 was $75,019.   A summary of the status of the Companys outstanding stock options as of July 2, 2011, and changes during the six months ended July 2, 2011, are as follows:   <table style="MARGIN-LEFT: 5.75pt; WIDTH: 75.6%; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="75%" border="0"> <tr style="HEIGHT: 0px"> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 60.36%; PADDING-TOP: 0in" valign="bottom" width="60%">  </td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 3.3%; PADDING-TOP: 0in" valign="bottom" width="3%">  </td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 15.88%; PADDING-TOP: 0in" valign="bottom" width="15%">  </td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 3.3%; PADDING-TOP: 0in" valign="bottom" width="3%">  </td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 15.88%; PADDING-TOP: 0in" valign="bottom" width="15%" colspan="2"> Weighted -</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 1.3%; PADDING-TOP: 0in" valign="bottom" width="1%">  </td></tr> <tr style="HEIGHT: 0px"> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 60.36%; PADDING-TOP: 0in" valign="bottom" width="60%">  </td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 3.3%; PADDING-TOP: 0in" valign="bottom" width="3%">  </td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 15.88%; PADDING-TOP: 0in" valign="bottom" width="15%">  </td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 3.3%; PADDING-TOP: 0in" valign="bottom" width="3%">  </td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 15.88%; PADDING-TOP: 0in" valign="bottom" width="15%" colspan="2"> Average</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 1.3%; PADDING-TOP: 0in" valign="bottom" width="1%">  </td></tr> <tr style="HEIGHT: 0px"> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 60.36%; PADDING-TOP: 0in" valign="bottom" width="60%">  </td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 3.3%; PADDING-TOP: 0in" valign="bottom" width="3%">  </td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 15.88%; PADDING-TOP: 0in" valign="bottom" width="15%"> Number of</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 3.3%; PADDING-TOP: 0in" valign="bottom" width="3%">  </td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 15.88%; PADDING-TOP: 0in" valign="bottom" width="15%" colspan="2"> Exercise</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 1.3%; PADDING-TOP: 0in" valign="bottom" width="1%">  </td></tr> <tr style="HEIGHT: 0px"> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 60.36%; PADDING-TOP: 0in" valign="bottom" width="60%">  </td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 3.3%; PADDING-TOP: 0in" valign="bottom" width="3%">  </td> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 15.88%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid" valign="bottom" width="15%"> Shares</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 3.3%; PADDING-TOP: 0in" valign="bottom" width="3%">  </td> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 15.88%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid" valign="bottom" width="15%" colspan="2"> Price</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 1.3%; PADDING-TOP: 0in" valign="bottom" width="1%">  </td></tr> <tr style="HEIGHT: 0px"> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 60.36%; PADDING-TOP: 0in" valign="bottom" width="60%" bgcolor="#CCEEFF"> Outstanding, December 25, 2010</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 3.3%; PADDING-TOP: 0in" valign="bottom" width="3%" bgcolor="#CCEEFF">  </td> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 15.88%; PADDING-TOP: 0in; BORDER-BOTTOM: medium none" valign="bottom" width="15%" bgcolor="#CCEEFF"> 1,204,715</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 3.3%; PADDING-TOP: 0in" valign="bottom" width="3%" bgcolor="#CCEEFF">  </td> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 1.3%; PADDING-TOP: 0in; BORDER-BOTTOM: medium none" valign="bottom" width="1%" bgcolor="#CCEEFF"> $</td> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 14.58%; PADDING-TOP: 0in; BORDER-BOTTOM: medium none" valign="bottom" width="14%" bgcolor="#CCEEFF"> 3.83</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 1.3%; PADDING-TOP: 0in" valign="bottom" width="1%" bgcolor="#CCEEFF">  </td></tr> <tr style="HEIGHT: 0px"> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 60.36%; PADDING-TOP: 0in" valign="bottom" width="60%"> Granted</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 3.3%; PADDING-TOP: 0in" valign="bottom" width="3%">  </td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 15.88%; PADDING-TOP: 0in" valign="bottom" width="15%"> </td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 3.3%; PADDING-TOP: 0in" valign="bottom" width="3%">  </td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 15.88%; PADDING-TOP: 0in" valign="bottom" width="15%" colspan="2"> n/a</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 1.3%; PADDING-TOP: 0in" valign="bottom" width="1%">  </td></tr> <tr style="HEIGHT: 0px"> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 60.36%; PADDING-TOP: 0in" valign="bottom" width="60%" bgcolor="#CCEEFF"> Exercised</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 3.3%; PADDING-TOP: 0in" valign="bottom" width="3%" bgcolor="#CCEEFF">  </td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 15.88%; PADDING-TOP: 0in" valign="bottom" width="15%" bgcolor="#CCEEFF"> (26,920</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 3.3%; PADDING-TOP: 0in" valign="bottom" width="3%" bgcolor="#CCEEFF"> )</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 15.88%; PADDING-TOP: 0in" valign="bottom" width="15%" bgcolor="#CCEEFF" colspan="2"> 1.47</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 1.3%; PADDING-TOP: 0in" valign="bottom" width="1%" bgcolor="#CCEEFF">  </td></tr> <tr style="HEIGHT: 0px"> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 60.36%; PADDING-TOP: 0in" valign="bottom" width="60%"> Expired</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 3.3%; PADDING-TOP: 0in" valign="bottom" width="3%">  </td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 15.88%; PADDING-TOP: 0in" valign="bottom" width="15%"> (7,385</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 3.3%; PADDING-TOP: 0in" valign="bottom" width="3%"> )</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 15.88%; PADDING-TOP: 0in" valign="bottom" width="15%" colspan="2"> 7.14</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 1.3%; PADDING-TOP: 0in" valign="bottom" width="1%">  </td></tr> <tr style="HEIGHT: 0px"> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 60.36%; PADDING-TOP: 0in" valign="bottom" width="60%" bgcolor="#CCEEFF"> Forfeited</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 3.3%; PADDING-TOP: 0in" valign="bottom" width="3%" bgcolor="#CCEEFF">  </td> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 15.88%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid" valign="bottom" width="15%" bgcolor="#CCEEFF"> (7,983</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0.375pt; WIDTH: 3.3%; PADDING-TOP: 0in" valign="bottom" width="3%" bgcolor="#CCEEFF"> )</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 15.88%; PADDING-TOP: 0in" valign="bottom" width="15%" bgcolor="#CCEEFF" colspan="2"> 1.51</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 1.3%; PADDING-TOP: 0in" valign="bottom" width="1%" bgcolor="#CCEEFF">  </td></tr> <tr style="HEIGHT: 0px"> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 60.36%; PADDING-TOP: 0in" valign="bottom" width="60%"> Outstanding, July 2, 2011</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 3.3%; PADDING-TOP: 0in" valign="bottom" width="3%">  </td> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 15.88%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 2.25pt double" valign="bottom" width="15%"> 1,162,427</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 3.3%; PADDING-TOP: 0in" valign="bottom" width="3%">  </td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 1.3%; PADDING-TOP: 0in" valign="bottom" width="1%"> $</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 14.58%; PADDING-TOP: 0in" valign="bottom" width="14%"> 3.88</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 1.3%; PADDING-TOP: 0in" valign="bottom" width="1%">  </td></tr></table>   As of July 2, 2011, outstanding exercisable options had an intrinsic value of $405,237 and a weighted-average remaining contractual life of 4.07 years.   Total unrecognized compensation expense related to all share-based awards outstanding at July 2, 2011, was approximately $394,334 and is to be recorded over a weighted average contractual life of 2.26 years.</td></tr></table>

SUPREME INDUSTRIES INC 0000350846 10-Q false Yes Smaller Reporting Company Q2 2011 --12-25 13087104 1716937

94063962

58894666

162463937

104936936

86088469

7975493

52753244

6141422

147965291

14498646

94949213

9987723

11073933

345485

156711

-897436

836500

-1733936

-2570473

-1196195

-162065

-2560694

14590397

14292955

14471570

14274747

-0.12

-0.06

-0.02

-0.03

-0.05

-0.18

-0.01

-0.08

-0.06

0.02

-0.13

13907437

454604

2182091

-1136278

732571

-1868849

5555471

157121

114552

628520

6909473

393851

1868648

-408777

452712

-861489

285792

342728

285792

-143970

-138766

2011-07-02

-334706

-303887

-691845

-697771

3163

135805

6611

241585

-1193032

-26260

-2554083

-2328888

EX-101.SCH 11 sts-20110702.xsd XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT 0010 - Statement - Consolidated Balance Sheets link:calculationLink link:presentationLink link:definitionLink 0030 - Statement - Consolidated Statements of Cash Flows link:presentationLink link:calculationLink link:definitionLink 1010 - Disclosure - BASIS OF PRESENTATION AND OPINION OF MANAGEMENT link:calculationLink link:presentationLink link:definitionLink 1020 - Disclosure - DISCONTINUED OPERATIONS link:calculationLink link:presentationLink link:definitionLink 1040 - Disclosure - FAIR VALUE MEASUREMENT link:presentationLink link:calculationLink link:definitionLink 1030 - Disclosure - INVENTORIES link:calculationLink link:presentationLink link:definitionLink 1070 - Disclosure - LOSS PER SHARE link:calculationLink link:presentationLink link:definitionLink 8000 - Disclosure - OTHER COMPREHENSIVE INCOME link:calculationLink link:presentationLink link:definitionLink 1050 - Disclosure - REVOLVING LINE OF CREDIT link:presentationLink link:calculationLink link:definitionLink 1080 - Disclosure - STOCK-BASED COMPENSATION link:presentationLink link:calculationLink link:definitionLink 9999 - Document - Document and Entity Information link:presentationLink link:calculationLink link:definitionLink 0020 - Statement - Consolidated Statements of Operations link:presentationLink link:calculationLink link:definitionLink 1060 - Disclosure - LONG TERM DEBT link:presentationLink link:calculationLink link:definitionLink 1090 - Disclosure - LITIGATION SETTLEMENT link:presentationLink link:calculationLink link:definitionLink EX-101.CAL 12 sts-20110702_cal.xml XBRL TAXONOMY EXTENSION CALCULATION LINKBASE DOCUMENT EX-101.LAB 13 sts-20110702_lab.xml XBRL TAXONOMY EXTENSION LABELS LINKBASE DOCUMENT Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block] BASIS OF PRESENTATION AND OPINION OF MANAGEMENT Comprehensive Income (Loss) Note [Text Block] OTHER COMPREHENSIVE INCOME Inventory Disclosure [Text Block] INVENTORIES Earnings Per Share [Text Block] LOSS PER SHARE Disclosure of Compensation Related Costs, Share-based Payments [Text Block] STOCK-BASED COMPENSATION Consolidated Balance Sheets Statement [Table] Statement, Scenario [Axis] Scenario, Unspecified [Domain] Statement [Line Items] Statement Assets [Abstract] ASSETS Assets, Current [Abstract] Current assets: Cash and Cash Equivalents, at Carrying Value Cash and cash equivalents Cash and cash equivalents, beginning of period Cash and cash equivalents, end of period Short-term Investments Investments Accounts Receivable, Net, Current Accounts receivable, net Inventory, Net Inventories Other Assets, Current Other current assets Assets, Current Total current assets Property, Plant and Equipment, Gross Property, plant and equipment, at cost Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment Less, Accumulated depreciation and amortization Property, Plant and Equipment, Net Property, plant and equipment, net Other Assets, Noncurrent Other assets Assets Total assets Liabilities and Equity [Abstract] LIABILITIES AND STOCKHOLDERS' EQUITY Liabilities, Current [Abstract] Current liabilities: Long-term Debt, Current Maturities Current maturities of long-term debt Accounts Payable, Trade, Current Trade accounts payable Accrued Income Taxes, Current Accrued income taxes Other Liabilities, Current Other accrued liabilities Liabilities, Current Total current liabilities Long-term Debt, Excluding Current Maturities Long-term debt Deferred Tax Liabilities, Noncurrent Deferred income taxes Liabilities Total liabilities Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest Stockholders' equity Liabilities and Equity Total liabilities and stockholders' equity Consolidated Statements of Operations Revenue, Net Net sales Cost of Goods Sold Cost of sales Gross Profit Gross profit Selling, General and Administrative Expense Selling, general and administrative expenses Other Operating Income Other income Operating Income (Loss) Operating income (loss) Interest Expense Interest expense Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Extraordinary Items, Noncontrolling Interest Income (loss) from continuing operations before income taxes Income Tax Expense (Benefit) Income tax expense Income (Loss) from Continuing Operations, Including Portion Attributable to Noncontrolling Interest Income (loss) from continuing operations Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest [Abstract] Discontinued operations Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest Operating loss of discontinued operations Net Income (Loss), Including Portion Attributable to Noncontrolling Interest Net loss Net loss Earnings Per Share, Basic [Abstract] Loss Per Share: Income (Loss) from Continuing Operations, Per Basic Share Income (loss) from continuing operations (in dollars per share) Income (Loss) from Discontinued Operations, Net of Tax, Per Basic Share Loss from discontinued operations (in dollars per share) Earnings Per Share, Basic Net loss (in dollars per share) Weighted Average Number of Shares Outstanding, Diluted [Abstract] Shares used in the computation of loss per share: Weighted Average Number of Shares Outstanding, Basic Basic (in shares) Weighted Average Number of Shares Outstanding, Diluted Diluted (in shares) Consolidated Statements of Cash Flows Net Cash Provided by (Used in) Operating Activities [Abstract] Cash flows from operating activities: Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities [Abstract] Adjustments to reconcile net loss to net cash used in operating activities: Depreciation, Depletion and Amortization Depreciation and amortization Provision for Doubtful Accounts Provision for losses on doubtful receivables Share-based Compensation Stock-based compensation expense Gain (Loss) on Sale of Property Plant Equipment Losses (gains) on sale of property, plant and equipment, net Increase (Decrease) in Operating Capital Changes in operating assets and liabilities Net Cash Provided by (Used in) Operating Activities Net cash used in operating activities Net Cash Provided by (Used in) Investing Activities [Abstract] Cash flows from investing activities: Payments to Acquire Property, Plant, and Equipment Additions to property, plant and equipment Proceeds from Sale of Property, Plant, and Equipment Proceeds from sale of property, plant and equipment Payments to Acquire Investments Purchases of investments Net Cash Provided by (Used in) Investing Activities Net cash used in investing activities Net Cash Provided by (Used in) Financing Activities [Abstract] Cash flows from financing activities: Proceeds from Stock Options Exercised Proceeds from exercise of stock options Net Cash Provided by (Used in) Financing Activities Net cash provided by financing activities Cash and Cash Equivalents, Period Increase (Decrease) Change in cash and cash equivalents Document and Entity Information Proceeds from Sale of Short-term Investments Proceeds from sales of investments Disposal Groups, Including Discontinued Operations, Disclosure [Text Block] DISCONTINUED OPERATIONS Class of Stock [Domain] Class of Stock [Axis] Common Class A Common Class B Proceeds from Issuance of Long-term Debt Proceeds from revolving line of credit and long-term debt Repayments of Long-term Debt Repayments of revolving line of credit and long-term debt Payments for (Proceeds from) Other Investing Activities Decrease (increase) in other assets Cash Provided by (Used in) Discontinued Operations, Operating Activities (Deprecated 2009-01-31) Operating loss of discontinued Oregon operations Entity Registrant Name Entity Central Index Key Document Type Document Period End Date Amendment Flag Amendment Description Current Fiscal Year End Date Entity Well-known Seasoned Issuer Entity Voluntary Filers Entity Current Reporting Status Entity Filer Category Entity Public Float Entity Common Stock, Shares Outstanding Document Fiscal Year Focus Document Fiscal Period Focus Entity [Domain] Legal Entity [Axis] Motorhome operations Represents silver crown luxury motorhome operations of reporting entity. Oregon operations Represents Oregon operations of reporting entity. Legal Fees Legal settlement and related costs Proceeds from Sale of Treasury Stock Issuance of treasury stock BASIS OF PRESENTATION AND OPINION OF MANAGEMENT STOCK-BASED COMPENSATION LOSS PER SHARE FAIR VALUE MEASUREMENT INVENTORIES DISCONTINUED OPERATIONS OTHER COMPREHENSIVE INCOME Debt Disclosure [Text Block] REVOLVING LINE OF CREDIT REVOLVING LINE OF CREDIT Fair Value Disclosures [Text Block] FAIR VALUE MEASUREMENT Proceeds from Long-term Capital Lease Obligations Proceeds from capital lease transaction Long-term Debt [Text Block] LONG TERM DEBT LONG TERM DEBT LITIGATION SETTLEMENT Legal Matters and Contingencies [Text Block] LITIGATION SETTLEMENT Other Comprehensive Income (Loss), Net of Tax Other comprehensive income Comprehensive Income (Loss), Net of Tax, Attributable to Parent Total comprehensive loss EX-101.PRE 14 sts-20110702_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE DOCUMENT EX-101.DEF 15 sts-20110702_def.xml XBRL TAXONOMY EXTENSION DEFINITION LINKBASE DOCUMENT XML 16 R3.htm IDEA: XBRL DOCUMENT

Consolidated Statements of Cash Flows (USD $)	6 Months Ended
Consolidated Statements of Cash Flows (USD $)	Jul. 02, 2011	Jun. 26, 2010
Cash flows from operating activities:
Net loss	$ (2,560,694)	$ (2,570,473)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization	1,911,607	1,975,391
Issuance of treasury stock	2,184,000
Provision for losses on doubtful receivables	46,065	61,768
Stock-based compensation expense	347,528	278,288
Losses (gains) on sale of property, plant and equipment, net	(275,625)	4,283
Changes in operating assets and liabilities	(3,720,636)	(1,905,516)
Net cash used in operating activities	(2,067,755)	(2,156,259)
Cash flows from investing activities:
Additions to property, plant and equipment	(888,107)	(607,236)
Proceeds from sale of property, plant and equipment	418,890	611,249
Purchases of investments		(998,559)
Proceeds from sales of investments	272,739	571,996
Decrease (increase) in other assets	(18,791)	4,373
Net cash used in investing activities	(215,269)	(418,177)
Cash flows from financing activities:
Proceeds from revolving line of credit and long-term debt	57,144,275	34,825,856
Repayments of revolving line of credit and long-term debt	(55,743,794)	(33,393,823)
Proceeds from exercise of stock options	39,709	2,500
Net cash provided by financing activities	1,440,190	1,434,533
Change in cash and cash equivalents	(842,834)	(1,139,903)
Cash and cash equivalents, beginning of period	1,050,047	1,222,411
Cash and cash equivalents, end of period	$ 207,213	$ 82,508

XML 17 R4.htm IDEA: XBRL DOCUMENT

BASIS OF PRESENTATION AND OPINION OF MANAGEMENT

6 Months Ended

Jul. 02, 2011

BASIS OF PRESENTATION AND OPINION OF MANAGEMENT

BASIS OF PRESENTATION AND OPINION OF MANAGEMENT

NOTE 1 — BASIS OF PRESENTATION AND OPINION OF MANAGEMENT

- Definition

The entire disclosure for organization, consolidation and basis of presentation of financial statements disclosure.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 720
-SubTopic 15
-URI http://asc.fasb.org/subtopic&trid=2122524

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6921930&loc=d3e5614-111684

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 50
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=6970148&loc=SL6228881-111685

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Name Statement of Position (SOP)
-Publisher AICPA
-Number 94-6
-Paragraph 10
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 272
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6373374&loc=d3e70478-108055

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6359566&loc=d3e326-107755

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Staff Position (FSP)
-Number FAS140-4/FIN46(R)-8
-Paragraph 8, C1, C7
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Name FASB Interpretation (FIN)
-Publisher FASB
-Number 46R
-Paragraph 4, 14, 15
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 852
-SubTopic 10
-URI http://asc.fasb.org/subtopic&trid=2209116

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 275
-SubTopic 10
-URI http://asc.fasb.org/subtopic&trid=2134480

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 2-6
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 915
-SubTopic 235
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6472506&loc=d3e38932-110933

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 10
-URI http://asc.fasb.org/subtopic&trid=2122150

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 10
-Section 45
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6359553&loc=d3e288-107754

Reference 15: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6367646&loc=d3e18780-107790

Reference 16: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-URI http://asc.fasb.org/subtopic&trid=2197480

+ Details

XML 18 R1.htm IDEA: XBRL DOCUMENT

Consolidated Balance Sheets (USD $)	Jul. 02, 2011	Dec. 25, 2010
Current assets:
Cash and cash equivalents	$ 207,213	$ 1,050,047
Investments	942,705	1,208,831
Accounts receivable, net	31,396,525	21,305,281
Inventories	43,696,722	35,676,353
Other current assets	9,364,340	9,203,427
Total current assets	85,607,505	68,443,939
Property, plant and equipment, at cost	79,724,735	78,815,303
Less, Accumulated depreciation and amortization	47,307,193	45,760,412
Property, plant and equipment, net	32,417,542	33,054,891
Other assets	767,415	38,624
Total assets	118,792,462	101,537,454
Current liabilities:
Current maturities of long-term debt	24,524,718	25,874,365
Trade accounts payable	27,849,730	11,571,902
Accrued income taxes	1,029,755	1,040,096
Other accrued liabilities	9,207,451	10,347,567
Total current liabilities	62,611,654	48,833,930
Long-term debt	4,230,975	770,847
Total liabilities	66,842,629	49,604,777
Stockholders' equity	51,949,833	51,932,677
Total liabilities and stockholders' equity	$ 118,792,462	$ 101,537,454

XML 19 Show.js IDEA: XBRL DOCUMENT /** * Rivet Software Inc. * * @copyright Copyright (c) 2006-2011 Rivet Software, Inc. All rights reserved. * Version 2.1.0.1 * */ var moreDialog = null; var Show = { Default:'raw', more:function( obj ){ var bClosed = false; if( moreDialog != null ) { try { bClosed = moreDialog.closed; } catch(e) { //Per article at http://support.microsoft.com/kb/244375 there is a problem with the WebBrowser control // that somtimes causes it to throw when checking the closed property on a child window that has been //closed. So if the exception occurs we assume the window is closed and move on from there. bClosed = true; } if( !bClosed ){ moreDialog.close(); } } obj = obj.parentNode.getElementsByTagName( 'pre' )[0]; var hasHtmlTag = false; var objHtml = ''; var raw = ''; //Check for raw HTML var nodes = obj.getElementsByTagName( '*' ); if( nodes.length ){ objHtml = obj.innerHTML; }else{ if( obj.innerText ){ raw = obj.innerText; }else{ raw = obj.textContent; } var matches = raw.match( /<\/?[a-zA-Z]{1}\w*[^>]*>/g ); if( matches && matches.length ){ objHtml = raw; //If there is an html node it will be 1st or 2nd, // but we can check a little further. var n = Math.min( 5, matches.length ); for( var i = 0; i < n; i++ ){ var el = matches[ i ].toString().toLowerCase(); if( el.indexOf( '= 0 ){ hasHtmlTag = true; break; } } } } if( objHtml.length ){ var html = ''; if( hasHtmlTag ){ html = objHtml; }else{ html = ''+ "\n"+''+ "\n"+' Report Preview Details'+ "\n"+' '+ "\n"+''+ "\n"+''+ objHtml + "\n"+''+ "\n"+''; } moreDialog = window.open("","More","width=700,height=650,status=0,resizable=yes,menubar=no,toolbar=no,scrollbars=yes"); moreDialog.document.write( html ); moreDialog.document.close(); if( !hasHtmlTag ){ moreDialog.document.body.style.margin = '0.5em'; } } else { //default view logic var lines = raw.split( "\n" ); var longest = 0; if( lines.length > 0 ){ for( var p = 0; p < lines.length; p++ ){ longest = Math.max( longest, lines[p].length ); } } //Decide on the default view this.Default = longest < 120 ? 'raw' : 'formatted'; //Build formatted view var text = raw.split( "\n\n" ) >= raw.split( "\r\n\r\n" ) ? raw.split( "\n\n" ) : raw.split( "\r\n\r\n" ) ; var formatted = ''; if( text.length > 0 ){ if( text.length == 1 ){ text = raw.split( "\n" ) >= raw.split( "\r\n" ) ? raw.split( "\n" ) : raw.split( "\r\n" ) ; formatted = "

"+ text.join( "

\n" ) +"

"; }else{ for( var p = 0; p < text.length; p++ ){ formatted += "

" + text[p] + "

\n"; } } }else{ formatted = '

' + raw + '

'; } html = ''+ "\n"+''+ "\n"+' Report Preview Details'+ "\n"+' '+ "\n"+''+ "\n"+''+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+'

'+ "\n"+' formatted: '+ ( this.Default == 'raw' ? 'as Filed' : 'with Text Wrapped' ) +''+ "\n"+'

'+ "\n"+' '+ "\n"+'

'+ "\n"+'

'+raw+'

'+ "\n"+'

'+ "\n"+''+ "\n"+''; moreDialog = window.open("","More","width=700,height=650,status=0,resizable=yes,menubar=no,toolbar=no,scrollbars=yes"); moreDialog.document.write(html); moreDialog.document.close(); this.toggle( moreDialog ); } moreDialog.document.title = 'Report Preview Details'; }, toggle:function( win, domLink ){ var domId = this.Default; var doc = win.document; var domEl = doc.getElementById( domId ); domEl.style.display = 'block'; this.Default = domId == 'raw' ? 'formatted' : 'raw'; if( domLink ){ domLink.innerHTML = this.Default == 'raw' ? 'with Text Wrapped' : 'as Filed'; } var domElOpposite = doc.getElementById( this.Default ); domElOpposite.style.display = 'none'; }, LastAR : null, showAR : function ( link, id, win ){ if( Show.LastAR ){ Show.hideAR(); } var ref = link; do { ref = ref.nextSibling; } while (ref && ref.nodeName != 'TABLE'); if (!ref || ref.nodeName != 'TABLE') { var tmp = win ? win.document.getElementById(id) : document.getElementById(id); if( tmp ){ ref = tmp.cloneNode(true); ref.id = ''; link.parentNode.appendChild(ref); } } if( ref ){ ref.style.display = 'block'; Show.LastAR = ref; } }, toggleNext : function( link ){ var ref = link; do{ ref = ref.nextSibling; }while( ref.nodeName != 'DIV' ); if( ref.style && ref.style.display && ref.style.display == 'none' ){ ref.style.display = 'block'; if( link.textContent ){ link.textContent = link.textContent.replace( '+', '-' ); }else{ link.innerText = link.innerText.replace( '+', '-' ); } }else{ ref.style.display = 'none'; if( link.textContent ){ link.textContent = link.textContent.replace( '-', '+' ); }else{ link.innerText = link.innerText.replace( '-', '+' ); } } }, hideAR : function(){ Show.LastAR.style.display = 'none'; } } XML 20 R12.htm IDEA: XBRL DOCUMENT

LITIGATION SETTLEMENT

6 Months Ended

Jul. 02, 2011

LITIGATION SETTLEMENT

LITIGATION SETTLEMENT

NOTE 9 — LITIGATION SETTLEMENT

XML 21 R8.htm IDEA: XBRL DOCUMENT

REVOLVING LINE OF CREDIT

6 Months Ended

Jul. 02, 2011

REVOLVING LINE OF CREDIT

REVOLVING LINE OF CREDIT

NOTE 5 — REVOLVING LINE OF CREDIT

- Definition

The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.

+ References+ Details

ZIP 22 0001104659-11-047198-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001104659-11-047198-xbrl.zip M4$L#!!0````(`/=X$#\["Z]UKS<``/)N`@`0`!P``L``00E#@``!#D!``#L/6MSXCBVWZ=J_H,N<^>Q M54#\?B3=O44"Z6$V'3*!GMFY7[:,+4#;QF;]R&-__3V2;3!@$B`03**NZFYC MRT='YZTCZ?C#WQ_&+KK#04A\[V-%K`L5A#W;=X@W_%CYVJTUNA?M=N7OG[[_ M[L/_U&KH,_9P8$780?U'=!G_FT1AC/[YI^4YZ%P050'5:K3I0S]PR2G]%P%\ M+SP-H_!C911%D].3D_O[^WH83P(\QL1SZK8_/I$$411T0:JDS5WB?9MK3T'5 M_6`(+07YA#[N6R'.FL=A;6A9D^D;`ROLL];I`P:_)H@U6H0`=,GTC#U\[ M21Y.FX9D#I=[.6LIGOSSRU77'N&Q52->&%F>C?,=D"?&L-B>A+XBB?I3;R0M MLA<F]ZESCT_H#@`#%$\+SPI`.]:/^C\DF`/[(J&(KVX63QY:RKDX*^ MTIXF.""^L]0_8T[TB2)<$Z6:-`.>/IF'G(.2W4H'OHH632"9\+MT%-2`$0=1 M$[3^$T6Z)L@UR*EB-A]N2E)&Q3J?M=ZG;^=>&/Q[YWX5IA MV/B"QWT<'("N,W+AX1A/163ZP`$T'B8NL4F4X(@<`NT2PYL:JM-N!)2A;[/! M=`;=R+>_-1Y(6/F4-5D>[(>30O@SO$Z*$'N)5E#CHN>D8%=:4;IRA&^EJ4L:1"424`G MP$/?>[/L+QX>YSTUH)SWK\;[;Q^4]A?DI]>/]YC%1,$Q-Z">Q0 M^XAR&7-A[1PU=IS9`9GB8=GKFN<2J40J!+V_FMP[OU/VBYS]KQV8'S*LB#V2 M\/YK=S&8&&,KC`/\*5W`.846&:#L41XXA;0*\@T.NB,KP`L]..0.^+TX4/KB M=3RFK/:OC5:>%,40<]TUL>>/B?=TARE_Z#C"=7IHE_:U@ MS7,H+4.?YFZM<-3P'/I?ZS\QN;-<$-^P$5U80?!(O.$?EAMCY&";C"TW_%@1 M*BB5GENZ>I:E1Q&%S.XP^9$$71)AGK%1+SM'3%A$2Q1405#T%^'5'?E!U,/! MN.W=X3"B^A]NBH8D&(8LSM`H@CG?:\.V_1CNWF(;`YI]%U_CZ"(.`FBZ8>_` M&$&5C%SW3P&?1X/BYX$QSX(>;BZYNZI*BR[E!/MW!DAC'X]BE&VN:>!)`WRR:@FL7TPMXO3$&72#_ M9?=7@MY<\G19T$53GA/YG:"R)K6W41=94D1=5:0U:/V4^ES[GKVE2.N:KHAJ MH0+-H!8)]L8]B:*AFY*B28M"O3MI7M(CW3!$51;D,LOR$M**JFN"(DKEE>1E MCPYQA&*8XBO)\7+_AB8I.Q?B@J`1I$E75.5I$;[RO2'U]4W]8#WMK'BX)DZNI\Y%0,ND",KXC5)RZ)R/;]0[P*$B8N"/,RX!VQ M85G&117< M6YM.71>,_#RX&.C*L6XZ2!-^ MH;X.W%X4!:0?1TPJ?8HL=!_XK@M-VH!(`#.M#?%3(8*4M#Q^NT%C)?W`-2[W M\'*W]%P/N\1GO5AO,XQ>@_D%>`/[%1/4\-78OS&&&DP-)4TRUU"@;[A.;+P:C=P^A$5I-@$1(6<3UNEH*=:^(W0! MXM(/FG[? M%D.>[_VS1;PKF&=UO*[EXLY@;I:PQGQI-382N.Q\OFN]GA8S7W:`80!-G/S? MSE:#O.&%-2&1Y6Y%)UT2-#D7S3S?S:[%6E@AUKHJY^=LKRG6Q2AIHJX9KR76 MQ2C`)$0R#B#6Q=C4%,F0#RO5JX1'4%7Q!5)-T\]6.&(L=K!S_O@UI!'^]*6& M'9&[9WSD:J6K@<[I<].X]?O;#YXK^"N)U&Z9+\<39F=L5:'G-VP0A`!OD8Y: M34_#,,2\!UR_MR6#86/LA)>!/RX0X9>BJ8B&80IS!F3=[I[#<[-EH:<17TY]2V%[`-0H\LV;&54Q,-11">=+QS?3R! M$'W*T''-@$&+[5M,O4A57FMJB/W*:9>Z4GR>Y]8**W%)/*#GRT,A11'$?%2Y?G?K[&.[89LR%Z=/ M6QEY@\X6<_9@DP[W0]$5DT=%5M1\EO7P%%WACT11-DWAV>V+ZY#TY;L8!7-Y M^Z`D*:+X''I[WUU9L%4*%-IX$5Z=8&AY:=;I`G3?=XECI1FIFP"'`(#][`Q2 M,;'<:8&"L$E"V_7IIM<>('KN4K^V0HD^_>1&9RQ[C\+HT<4?*P-H6`O)?_&I M*$RB,\1^#ZPQ<1]/?^Z1,0C]-;Y'M_[8\GZN1O1&-00)&)Q5?AI&9]]_QR`& MN6MG=CW)>OG2N/W-+^^JO4[2`5P71`7RL2`SF=:?70B+ZR1I/SGX05?$,G3>Z[2[J7**;VU:W M==UK]-J=:]2X;J+.3?N:7L.S+XWKQN?6%WA,<3FAR&2(G4Q1/)EL.+@=C8D- MQNN'D[-EY`Z$4F^$D67;_GAB>52J02>LV"&TR)0]E>#DAX,]ZBD'F>A"[YGL MHI%UAU$?8P]-`O#(`;0#?"G@P*$!`KHGT0C!K`+1DUY!;#/?B"(?P(^N80&RKHO\00H*&HR3M"E]IP`SY$RU*D0> MMG$86L$CJ$>`+#2P2$#QG>HE!3PWZAG$B1\2VJ2*H'WLPI"AK3\]>5%E"-A@ M*]#`]>]#.GJ`1/&CBY%L]%:2!J9$G@0P'#)Q`:DA*^KENH_T.9Y$">7H\+YZ MC`W,0K#N&F/06-NJS\B%VDE3?T*\%'_@L#5D8Z\N$6D0!QX)1P"44A>Z28D: M,JI:SK_C;`(\(Q6P"!CA8CO**#8C[I0/$2`V1LE9C1#:3V"FBYT\HE3.P,FP MDRBSVY):1=08SU.];[E,9@!3NJW+BBQT;U&O'9`[RA2(L%`FI$726$7]&-[S M*LS46B\KDF`<67HIJ^#L+E@$`$$,)49\."B*'.A!UZ M1V'<#XE#+-JF7AJ;5E(SFU(<;"7HF^,S<;*0*M4H)<*2VU:UXP!O8=64A.!F+/=SX,>3<+II@[[G M4]L48V=VUH^'B\OAHI0/%YOM[@6\WK[^VJ(18NN6Q8M='A:N@U)K,$ATYPFG MG<07F56CLRVJR.`_;#9WS6F]%3%O\:?O.WT(0:HH.;A*8Y5X8-E@U:B=@RNZ M5>9QT9*DC7/P[C&-"W-J@1R8[T'/.80RQZ:=)?-]NB9/F^`'$D$[$D*D.PG\ M`4D48XC]86!-1L0&PS&$M@M1EDN&(Q;P6-3"A"2,0*4A,'#(8$!LL'0PF.`; MA"LL#AQ!T("](1V5[8>4(33D!5V=IQD@<>\'WV@S%B':X&Y]""18P#"FP0]@ MRY+&`&8,D22S(XOTL<8T=*&XI93JQR'Q('R#MZD%3)C2IR8YLN"!0_N%,)P, M/0*X6UZT@N(90]B8\'0EB5I>FY;+HP>G:?.N/Z%S11GOUMT MRLA5CZL>5[V=JUZ7/)1;\<2ZL%$$(;XGQA?IQ MG\=]'EB_:5V>?QC,9!,QKGC8M_?+[M?+UNGJ(?;!OCP6`/:0[4'X(2 M^<''R@\7%ZW6Y>6:/$R7(!DCV]?-UC6@71/WL'1)2^C1]?MPF3L[TH&-";V% M7]J6S,]2<\?KP(>)ZM;GP//.IBX7Z<"2K\F]^Y1!VQO?-M2"_WU5?JT=$.R2 M<4+=5';&.6%[ULU[IX!NL)HZI^37CGFK:&I5-&5NW[A]X_:-V[W,63JF*@E(5-+T\ M%FZ+]/016KC]YYD/M'/NU1+(-_1\V0-RZ3=OV!G]V5F=O0GS058U2^2'=[+Z M5.@D7[[Z5`*WMPORK'!%3[J;DCJ77V19J>J"]L[4<4,J_8VK(5?#_:JA(%<- M8W\A'E=#KH9<#9]50\T4JX:B7O^&ZSW6?ZWXY=7_?22.N^USWN>Z75??WFZDZZJTY>TUH)9>SDNROC6T) MB_BVDQ+(`S\.HA'Z3VP%$0YHY67ZU:7Y.M/P8$P\]FT-6H>[2]P[:'H1^/<> M=?H5EKE&NN#=^B.BG*5P8$RO( M;4-')*N]'0*8.$S088UMW_/'K*(W_9K)0E'O7G'Q\K0^.%Y!$5IU>`*D3DN! MNQ8K*C[P[1C0I=]\"0#7(+:_T8^0A&E!Z[%/B92"20?M)S3"R+]CWQA!`_+` MOK,31B_XE,8F)[[?KFI0ULX)^;22.?3WYXA$&-V0(:9?\_E"[!$9`A=!N/=8 MU)Q57']Y3?.9]#9`:FD.&C/`%!`#S/`)L&NE5=\I0+J!M^90,J3?Z\G7T`[P M8I7XNS[P`EY$E+1J M=?'V.=EWR%UBLMOZ1O-`A=?>?&KELBYO MM&[YGDJRE+X,F236Q3U4=Q:/OQ#2$116E^M2$>^XZG'5.VK5.X+"ZGO:<_<6 M%"^7B^+!'0_NWJZ@5S'M8YK'0_J2J1U^P_J-E[1W2K2.XH= M\R6K+;MY#/@&=LP?2]F>PD,CO&Q/ZM+;E-2W_"(J,KB6_14N/TAB^GB.RW`UY&K(U%`VJKIV MF/J`1U/RYSA+L;S=Q'*Y2K&\R[SR_B9X&_N>(TZ%[(V*V[BHH\E+[#UV/.K$ M:VE"3*[[7/>/+V`]ZI3D*Y[(7J?-]]]].(G#VM"R)J=-$D[\T'(_!WX\"=OL M:"3QALW<@;39B4%Z%X*\.,`]_!"=N[[][=/WWR'T(8/6]NZP%_G!8T%+=E`1 M?MSBP<=*DQY,_%WZJ]>L?&+RD#\M1D=>HP0Y32C'?@^L,7$?3W]>H-S/U8C> MJ(8X((.S?""?#_J=#1D9[SHZ[O1:2$:SQ4G4OOX#@O'.;;O57>9V/,_WTI[Q M>]U3]HEH$6`VNA\1>\3.4881.V%K)4?%7?\^.7I/3V\C/TC/HX..1Z/DGH.3 M,_CP3AS2(YOLZ#X)PJA&O&IZY<<1&N-HY#M5*K4A":/LR&YR'!->?$,',L6Z MI.8LIZ;5-6TG!S(!3"D.9/(-^[M+T6Z6NWC7>X=W0&]IT$R;V,C[WQQA\/+ M_$:EE+C,A:(KE M\*K%0R>N6F]1M0Y_GI`'9P<,SK;8]O'F]GS<6O=H;($\$,LMU<:/C>.Y-[#S MXUB.V^SP<_+E6;%[%\=MA+7*#KRYXS:24C55O2IH4JE,W*9Q-3=QW,1Q$\=- M7.&)0@-,G%*5!;D$FZ+^X^[S@^2/ M2^1ZCW59[Q6,IUHU-;TJF>:AA&\_&58N?,<@?%I5%:6J)NQO;G*0'.2;]L@\ M=1B=71*/A"/LH*'O.SQWR"?6AUV.6F+A$9A^L/NZ+E5EK42?P>-Y*:X^QZ(^ M0E42S*JB&.51'Y[S>(\YCZ.:2+V'9$?I-N*LNZ20L]Q275)!*!T_[KM/KB_P MU827LV?=A8/-^5/>$C6*7-5,K:I+ATD]O(>\%[=#W`YQ._0,!V6UJNE:55;W MMW;YCE.@R>6VQ06>*@M3TG#B-69JNW9 M=<0V/K-O>T<^LCS4&&/ZJ4#V7>Y;G)8AN(`6)$*-88"3#V[_0FL&I"Q4]+/% MY]D3X^QO28V"WVZ^^`']"OK%R`HQ.K>\;U5T76_4%R%=T=Z#W/O3H@C3ON__ MG[UK?4X=1_;?;]7]'UQ39VO/J7(R&`R&K'KUM2BPB-CD;4#MA#?&_Z@$Z#W#G# M5D/Q8//KP"LH/+E`O+43<;HDW!ZG#FR:ZAIZ71:*.%%WQ^?D1CO#`A-*>.0D MP9<;25*NG90@I"^G_X%"(LG)/:]HY/3!=Q^P"H;M3R8LD!V1B1_"_X7S5PND MH&#)2AOJJOI/S;;>:#3D_^0@1`ARN*SMN+2,P->AE="F&MZ+KDW@A[$[TX9$ M,*$-Z3WS/&SB:,J9FU+;MN+TBV^PWZ%\5-`"'KG"UZ8A%R%1DE/(>A%J#2?1L-B5N+`=@D#Z9 MB>PX(=6*YZ!;ANJ]P,8E7,F..S:-"6U)ZRC%VBB4"E@<>=QW6J?./91?#\TJ MO""M=BD?8XY,?![C!#1@MX#![/:J[+/"HKWB@MQ3Z2<;XKF[YMDIXQCA/FL0F$6`'Q[ADB M30\+"<%DHFW[*V1<&D,UJ^GG^\?G=Z='F6>RXK:Y("?MP/PS01U]WGOL;M`V M,Y30R=1EQ`/#*B64N*XV8AY\P4"H;!]P.4'B(QTMF'@2:/DJ'"^TN!]`H(X2 MW:4/4C9`+QTZ(J$;:3IH-ZCY<%8F=6D;F@J9M0;$])DNU4>>K]IE]25Y- MR4*,"3K?A#8BS)6V`_VM324@U#ZU8MNK3!R5-G8(^ M.I;MPA:90#]ER]]%B%6D0'[12CH0*^)#2",81IM,60"O`U#B>/Q-4U51I,UKJ39$AH(@<;5?\J&>5U_U*S`:Q+P`)B5^%HNF91I2[@1BX0?H&+N3;RTA:3%`B*9Z/ M?4#!G2OT?3=FW$DT4FB?P9K*KM0;R#MH7U:/&U*`P%]J>_AK^!8,H#P9YP4PJSB,4N#H`@5*%HO2/(62I;:06+.\.H->DQ@W94O4_I M'`*4&&)(!G]*G+-\M.J9%$:2J0Z]&_V%(\XB"_H4 MT`B-.^C[TGU+>Z:LV2J]E@$9;*;4G-9"OMP'9>\%CW-'ZSNA'#K(&Z3![$>LZ&D<`[U$OHY'5$>:030=.4#.3W)^PBH>>`0D\A5CD.B6HG!2INCQ`C!70_JS%O5SN)P:=>AD_,"KCJ-;.2_*K,."4V4FRH.6"7*O_L@L'IBR#Z/&.-`*U"Y?>5^HEK26;DMAI0")$A&-8\^_U/2%86X M'OJT=*?'@&O#^U`$Q93E\QE^.;9A1'.4RC=,O=V)TK&AYV),MH!(I(UR(3-- MX-8E/`44&P11`6XEU`Q=,*!,+T&_REKH:`!46M;&E:Z5B/4]Y'R.XDY,<=Y\ MEC;G4*6@$.J&'#KE\;";+:5N8`&PS?C/STP9OA<.]PLJ]158Q]*U-T/Y'R$S MX/@1HF.YN+TX&UYK_;)$G#3?I0E,I19^&`#<]*3W&Q)7>IMG%KP^&?-5KD+2 M=4P<>%TZJT@00&,AIH(8"-T(^L4GAI620'P_]0Y;V@2D&05(]?+W MG(JL'T)D@E7IO>Q8?,YE=7J1&L[RM8+(P\OU`CG0H71?$4H?$N_/M-9/.?!= MXX@C0%$NSH^O;T&E0"-D]]%+\)`M_YQ*+1$0#]A!M,"YP)JX%"('C!%DG*OC M:G64:%DB7BOGS1=DN77,>X5N@+0B1/)2R^5JB".M?6BU_R8I;Q\V>G];F!B7 MCY06\96+Z[*KJ6K;G2U2WG7WURS8-9/=6M,G'-&#N*%\,";UYIIDUV#$V@'*IDL[0_8U#(`XFLM"F(C>]@[.4HR+M(U[)@N-DITS-=99OD&H4/ MXT6AG[JX-BVSPYZ?+*/$*V'HW\.`Q$E_A[ER95;>6`VT*=+S2.-9'EA-O6VV M%`]:IM[H=/,\$.QI7SD@+PT2R2H)C#\:7-1B0M!\<(]^Z#K@-^&K(:5H>P,F M>X*'MF4=%QJ^W-;#N0&]'IVDT-VM2E2>^"(0\OUC=(PWT;I%;45C*]I-6]'! MW?7)?PZ.CP;]4^WD^O*F?S4XNCN_OJKMZ:KV='[!D!8)3SB9$`X/J4@,`$BMPU5&G<=A::SMZIU'?#+#LD-&Z5PBOM?MPKTLL[^(L M1?NPN]:A+J-=<[P6\/UA]T8"ON^U\O]+\=A7.I%S\-;3L/[5L)5@_#LIG5\# MF-J^OT]VUP"F%O!WS>X/"6".U-+46[.^!BTU:*D>YVN;ON_LWE_0LJ8=OPJS M:_/^J!;T6M#?.7CYSHF7VDUTBNY`::D3G^M3[4^O;4^[3M$.R,L%97\1MRPAF@5UK3=0[2UZ\9OA-LJ M?T?,CVAGF[YD7WUQXM[NZHMUG=,>EN[?SYLO5G8]*UWLV=ZCBSV;IM[NFK62 MU$JR0FWO5MG%#O6UQ96_MM@L+T&]VV3=P)I4Z$[V#4#S'AJW=YN@!#CY M.K!69N2ILS/!?8L,2H6\[3ZMB+Z"C4S.9M4"][X$;@_NV/-^)F_#SUWEK]ZU MXZUXVNFU_/-O,NE4'5Q9Q\S5C9EWMZ:Q+S'89P/O4&V_L;HBND,FNR M\TMU[,YFH&0?KP)N'78[%>)[G4?8ZSS"ZR^/E19MJ,.]O4,FKP="5KSUL;II MC;9NM'JUB%IJ"H:ATVKSO+L^NK5RM9:>NWZ M6(&/E9!'A'&HTK5>/5:NL-HU?7UEU66S>J2#:; M,SX@02B6W)"4+E"KRH^IPK`BNI-T09U>>4'*F'AX<][:TZG+\MM$1.74Q.8E MS%X-S^^BMMD[*VVV%J2HSZ;4>^DKPVX,TM8#?%4Y*+*O'*\%O/H"ON\G-RI9 MVJP^N%'9E'.-7VKSOI_LKO%++>#OFMT?$K]4IK)9C5EJS%(QSMDVUTC'1MH%;YZF77R:ZWNH!99?;7[N\YT^V5^-FG MXZ6&WFR8NF6\]0'36D_V0D]*IZ8N8;8')0]/V;K.2 M=06S^OCE:R]]UA7,:H%[LR7(]UW![!T?;?V8F:?7_.``-R=3Z@F"\P-3AI^1V2[!>O*!#T;+547F#X9$P%?DD7`G6]VR7S3D@ MJ,[R.5]-IW_Y.10']X1,OYXR8;N^"#F]'IVD^'*KV''BBT#(4]3'R(H;,IM0 M+Q!W`.>.7=_^\Y__^S^:]HM#V=>^%[!@=DOOF0APU_`5F:@QP*.W=/2/GTZ1 M/[\V?[\[_>F?@Q\WM_W+O@;1RH_!W>UY?P`?3W[Y>5%#^6Y.*/+&/?<<^O0? M.EO83P/^:;4;7;.3;COW=M+XJ6^'.+Z[V70Q[4;CX%?56OKQI)$C^,K!K\]< M\YIS"ZA6T?'!C-@V9;-;_H[<(<^Y.)[PWP MP@15L"`59VL.M<&0N.(?/YU?R=M>>PVVETP>+WDNYR+6:[^\Y] M(6ZX/V+KBXO5L]HPN*2G5&,O&%29I#2M=JMIFML>5$E7'<,TS&9SVX-:((^F MU>NTFSUC![-5VIW9ZW;,S@YFK*2WG@G_-HW6#B:MK+=>U[*:JPCC@+HNF,[O MU`.HZ1YYSI$S@4`#\5;`'F@_@L2;Z+K1L,"ZI(A8K:\L?=?!F/+K*<5'O/MS M#P#[1M2TS+;9;2>TE+6;[?F"WA/WC.)%1!L,OMVQC)0@SQO+C2Y+P`5,TB:] M'71[EIDVJB7M9CL^Q[HE5`0OF-]NJ]-N-)(^/VX7Y"7;2O^O$'Z^I,'8AU_P#C`9D&S$0,-J MM3)NZ14)7I=3$0;(MZY0?#M>T=!P-DPE#'=G7_E>S)<]*6NQ;2\%E,VH2T[ M?F6D-M:$9MMJF%;*Z"3M;=9/B:L_,(Q>Q^BUM]=)B>L]`'C6Z&RQCW(O"`SK M-#H]\_E^XGM/HOKAJO[L]:B`PH$9K;6X.D<[9OM7J/52\'1M;I%]+XZ?PNJE)!L6@98H.JQ^.4DOX44 M+R*Y:9GP;_6X_'*25^/R\X[XAG(Y6-E0BNCF:IX47I=O@H-H'!K-=2!`IN=E M9&.^6;U/G>3U*PI1$>"I;0Z@L1##K$'#JPRE@#:RXU@X$54;1P'09,?1VI=Q ME(&F[%#:6Q]*GW!PS(SBP*O MDK8KI\9LFYV&N8.T77EW3:/;;/1VD+=;$'P;1JO3M+J[2MR5]VJUFFW+V+?$ MW2(.=CO=KMG[H(F[[3'EY8F[+:TD%%:[X!\S+:ZOMHI0S.E;1M/8@2TJZ\LP MV^WF]NU0V1I?L]MN-M8P05OR/04Z>HU>)G/[:GZGL%;4:W7;NYCHDKY053MF M=R<>IV`7S$;7LJP=>INB^VY:V>S!GKB:X@I;QS"[']C-;($A+W7:4?USZ@<_'T&#R?-/-V MED-GA/'?<(]^LC[`/OO4I@`H>3(@@KCO3B&W3J=SZ;]M^Z,F]U5/./)M- M77C_<\1PT_KV_>CH)OZK^^T+Z.>(>50;@<1&QTJ(T`"X:O3)'A/OGF([-H6O M2*`]^J'K1$@,!]]V(DCR6XC`R9"X91^TSP ML`0+5)-?-.`*]A012EQL8.*#9R7.`_$"5=(NM`,M MXUD(#KR071-;'LT8TN"14B]N8TK`C6)7Z$%\U?N$$M1/U&C-`4T^3"9:0V9I M8+Q\#6PY:"838^`F27-KS&`*N#V>:8]C9H^!,^`$.#X%8Y5;CY$=$_+$)C!S MLL=0R),8_A!T]4'J._.F82#DZ0X,5?)/AE[QV<64:BY]H*X\EA0U*:=X0F8XP:%0!UDB[J3:_UH9\=^"1FJ- MPS;SMDW8!7)6,[YJOX8^*J44=]#"T"/._X4"OOHBQ9DY*"$V"+X4:I&6:@8O MH%S;&+-&\AM-D=1.)5KC2%EC3<"C1V`*(,@C=A&"68#I^"LC##C_`C3=);Q\]K_E7F!>5@IP M5<'S@TA"ON';BH:T-N-#*5KA&1@$ZK?M<^X/?2X/K`UGZ8;_YM9*N+ M7DVY:'0<,%X4'7G6T"MQFYM/[CIW&U9GYK=^+!2F)#J_%KE+^&($P;C_B#R? MR#!0.761DHK,+$I@(4]YJK<37(%N.:`3L;F[W<]9VHU^IJ+QKSE\E/`\PD)) MCH$\$+#/H+T'8*T/!`$U5FNYP#K`:;'E#*(CUEE[#?#2DP&H!.BIL\."VH#9 MI(./,39@@]AI*#OQY1U:WEWHGTTXGTD+-\&P1\Z@3<18:IW\@'`<9A?G4X^C M(Q'%+SBUNGP48@:')C]/R4P:[=0I;"<7(BTZS2^;6WR%IP[.UR81KD>5EX?& MP8&#C(BQS]&H![%XJ$?@60C1"(1(`!29)P(NTP\B#_1SO,"W7=^[/T!A!9D= M!CJ\'>43-5L=+$WUIN]FM/+X>SC%8`OH4.;0]CV'1=XM5C$9-*8LJL2Y/F8L M@1R)?J2OY$Q@4^K9TA:EX
M<^R85OGWI^]ZS.;I6R[0VW3FYRU3IJN0W6MVN52WR@?MWOY^N.H). MS^B:&^XOW.$$K#4"R\IN-=ET!!>@^G>@^:>@^'4&-L[`=M(9V(OKJ^\`%6\O MM=/^<9UY7:V,H:==8M8OY?+,N'S+()QBMD4[!^=#/*))I`U.D'F8G?&T:PG^ MM:-[3E52YC/ZLB1#F_\]G:V=AER$&$5`4RK?F._M7MVWJ!T#&J!!H'TGW/$H MUXZ$\`%!@"_5$Z)!KP[3R>'<2ZF>]50^4W7,9*BJ,/`E%8*G`;J&>> M;G_^)7)C$BT/)FS)S8T^3Q%'R7-DJ5PR1-E0:\H@KDFC6`=(FZJEWY@OP08)-#[.6_A1"*6B,09"L>$C@'08$8I)C)@&I*KJ4 MT`$TB-`-B%1LN2TE29,"H)WZ,C9/J!#:(XTSVB-P)]C_'%]/?::@\P,#S8]P MICR-,_9=AW)1X,?'"L^W'YC+J(L[P'^:R%!>`XM6%64WT92LC=4&\9K']6B$ M-B;19"GRPN;^([2$H50D$IB.C9O#*4X9%!F!.%E#THK"G\^HHEA\20FKE#L; MM(P`M^9%F5",_K^]:]MMVPBBO\('&;`!)9%,2Y;3OJAV821HT@<['T")*WM1 MBA1XD>M^?>?,[(T7RTY@!'EP@*:00N[.[,[US.YH:$X9UP/U2"+XJAA]+ZKB M+;.C;=`MT&QB6@+;@>?2%]I,9G]T-IY.)N/)9,*I5HE?!;2D>5C+)-HABG*< MG/A/232RHZ2*=$\CQTQ5RW,-[_#Q*AAF%&,('H9+BLC_.*^OPZ6BE]:MN=G[ M88JNN!@^XK.CPR;7%LE2X*Y[)1EPBFE'9Q"[]"&P`R&EKR[6E+%#41RC29N8%-BB-1K:AV:=X\O<(U*9'ZC M`"ZX@G"-HS3T6=?D)G9%IM=:";FFA!*4;WG:0X2B_D4V?J^Q'7X7F3J`WJ$' MUZ2EVUQO'H,'V?X3CQ5(2I-M)!K9`6L#E53S'"V*!!KNB/4MZP#"V M3=^P*O[X>!!2NU_2#G)5LC/O1R(6)"D5?5W1^B2U$QH*!Z!$M"D'%CXL6)AU M1>"S(N]EAJJ:_2:-K"*+A@9MNIAV-KW MH)EB:\*B[37B&2>1,.C&\SX0?8_22K)CW4,G2$$6>J^AJ2F-%`YG,Q(HDW/8 M1%Q#+I*>_1"\=D-\9^K=K6![UG-Z7B-P*'V85.85@OT1Y7OLG!2.K.3U?3CD'VZX!PK$46ZU=?\HV=3*SK"AC<7@ MK;'1VK.T%M3315]SP&I*?@:8)75U+@$A-=G?$JQ6+:<6*JN)=*U)[RZ$+*U& MWD&;L",)RVDVEA3Q6%TATC`BU8XT7@,V81$AEL5?"+8-7L3G&XG#"!1<'#3L MZ(%J4]G$AS#2$94GU..^+)J[^VA)L4X6 MQ'83]MCS3JJ3I&+X^XK4IK7(U3L`05T""X2BWT<>],@`756$4UV9.9FUTP)Z M6;.K!TBZ:KIEAE`UUNX,,(J`1;:7R,%$8\.;-'XFXV79P"F-H/[' M67UHO9&DDKELY]8U5`O5'I7@Q!T[=2E/V5-WE4]R^N4\6'*# M]XG?SZ,M0!YC#%?LH]S.D>&8O9\=M:`PS`'#+E..+F+4U\AD(E*D_VC(F1N2 M1<\G.?UBH2TN1JZJQH.TOQI;0\?ES;'+:];FU`O6HI45/=D3^[5*=H/5@($K M65^2FKBHEGDJ%P/N5(XLY:V`8`L(%ZT"PJ?;3]?+VT]_?XUN_KR]_>OM!/?W MU!$^)WF3E*',3R'TDXLQ1V3+6@Y\-U;M*X[Q_C>7P#F2_CX+Y-%+!P% M:!"G!_A%`O1,QOB)$:J]HI7'=\.KK`"Z,^WTCDB'\)BX#?;IZ?/O"E##<`HQ M3-),LXXN%@[H(W%C"M^"B9?%L#HG0<,*>XP/1X=%)'P0V.0F&2?=K\I0;E1=9R+Q M'G87L?%G=F@:47J>+$L>*@H]6>]374%J5=I3$H=H?XR.]4DH[ZP[0(>KAM5G M-'5(]O'H+(21+4-SRY"=Q,8A>/OAA_3%6F MF1YAG1CZW.0J6EB&XID0+QWD.M6J,-WA'OK1,I+.^!&WQA?ZQ$]W/.>P MHJE(Q:G%A?A74I#X,_/Q^'3!$,G30>@8&W4N3PF0P,>B)47*$(=%E1AV.IZ9736_KI)IS!.X2-X7FM+?].'8-\'>XF(3 MW_;KXB7M`[NN5ECQ+"VTWL)3%:^SW*GJJ%^PO`^/JEBXI`$CF$G:*&] M2MHA1+#X?2=($=R1_>0"2]8OS>-",SB`& M*'N0NU/T&`AZM8#^)='Z0*L'L%.J>Y57Q(P_711T6=.XPBMHVI62_W]_0XCI M/.ZT@_BAB7\.`T/M1.+98M+M?OX+LS#A? M@8N!(5Y\)'&HOW4\B8-+]@=&?R4RACI@G\Y/YY.?2<23+;)G9Y-%_).78Y"2 M^'1!?UY*R>\?_EV5F?Z(O^GC_U!+`P04````"`#W>!`_3>OO:WL)``"+=P`` M%``<`'-T&UL550)``,!P$I.`W6ZV6;#[^MEX&O5>@S"?A57]T=M[O M0>@2SP]?KOK?IH/Q].;^OO_;/__^MX__&`QZGR$$ZG#P>K--[R[ZM\]9U/OC M=R?T>M?GH_?GO<%`@@9^^->E_#-S&/0$BY!=KIE_U5]POKH<#M_>WL[>+LX( M?1F^.S\?#?_X,IFZ"U@Z`S]DW`E=Z/<$_"6++TZ(Z_!8O@SZ>D:#E,#%<,=+ M"R&_#5*P@;PT&+T;7(S.ULSK)R+*80LF*?BZ!)_H-/KPX<,P'MV!"D(>W\%F MZ;X?;@?[PG"]WM9TE`3P!/.>_/SV=)_CP:(5A27XH7?FDN50@@ROG4`:;;H` MX()E3(-O5G#59_YR%4!Z;4%A+JYQ)@PP&IW_>OY.JO]3#GUX@!Q3+F)C"2%_ MF-^+*%I"`V'*-`Z1Z,9AB[N`O+$&DNQQLQ*X3N!&01R0$_$]1Q;6'$(/O)2P M%*&>\V)&*:N`N#GR@;P1",V+G0VIN<-F<5Q%;/#B.*NAU&<(`6?IE5C#P?DH MB?R?DLM_CAD#OC-2X,P@N.KG+W*?2VV2B\-N);V)*!4QHA2X,):3.QW+BY_Q MZ9CF-7&HFQ(2_Y8>4+$M&)6:I,Y)=]K:`/4YZ M!11"/:!)^GX#_V7!MU\Z,H$D MME&"(/2[A2IF-ZL))%Y]A\:K8]91K"FX*`=D*;"2DT3Y3K0! M30QC!.W:TUD7U]!)4UF;*:";9[7B?J:$%>LH.^`JGV^!N_.ZE8]-L:#2-A<- M)@[&&$DHHZNQ1?D0+:5ZX-W"BH+KQYJ*_P.(?19ZXZ6H*_W_QM>U^I4KMU;) M[JN\=LCBC]$C6;!6-+F2"]LJDC*@N2=2794-#^(!SZL\B'D](1"I#0BX,*T1YN0\Y4&#% M6&B7:+I]W0Y1%+%6N=([B@5K+Q+;DL(<]1^'15=,Q/=C'BYRB$T4D!:-E$L9!N:[@J8ATX@)9F0E^3@!PM7N(R5SGT^4 M^X6%@?W>8#J`/ERT2M1Q?Y:(VIUXJIY]8-X).]V(.6Y,R+N-5TJ$+QO@8 MV7:.+@2A8B2Q:G:DNZ`S>9^8Q,\%A8**=%X.&YW3IDX`[`E>(8R@?-A6,YJV M_PJCW3E0Y2%2)7[.>1D*<9NMB(G.<3>$B87>9T(\-B6!5W"<9G37CLJ/HG.< M67R3XTJ8^$[W32&N8K8/I0?RG**W]$.?<9D]7N'3>B76\\4>6SVD]`:U0T*; M>!LI;9.3;0GC"YZXHU?02M6.U8!D&ZU%$+1A8*&0C=/59-#MY$_@Q0GNH'QJ MLG@]W<#=74?K0)WH-E[+X*I;F#_CN3G3VEZ=PC6CNXY'?O3_;@EF-D^7RZ^2 M9/BFA9VFB8S78F8KK\,JH'*]MS(4YHALIT]699GOVM-2"(,U[E(CW/K,W=H! MO+T9-+OG35"5W>$*5-S[)K7TMMX-J:**[?3'_IU%N%[]8G7\H0FJ\44P5D<< MOJ-MY$L;A(0BX%Y]X=GKS3!R6QGA7*J<5* M`SL<$$5VW-`=+8JUDZ\*O2/TED0S/H^"]+&>LI@N'`K78O[TY#D[L1)392(ST.X];TJ@4XL2*UT/B`\=?73O*_KL^*&< M3!]"N5'X,,^]74+WWI%Z2.D&N1W2J452(UL<$%FV_))(^P55AR57RV=4O'%6 M/I>=\&)?Q1)AWTVI0CBU\*IM@P-"RX97$E:_X@DKH9P+X,7=HNTM\2REC^@F M?L*H7!;90.\K(R/TJ453/>T/JX_,C-0[8'CV+C7J;O=3&G2*#(CF3I$*\8?I M%%5;Y1B=(B57?&L]9Q/OVSV3L2N4I6#[5KCZB&FVLT=$E_A,D40.L(E-#E3P MCG-@#9ZJ3A:V:=4Z_NIC:J?;'R@"&UOED!"LPQ1_!M0_WV,#JLMR.)Z@:2FO M63[&QFIZ9]P1 MFM4A/J!9O59HB%U(9+;8)Q>$!UFGA71GS5C5U>TV`VH4OO-#)W0;+%\-B.;E MJPKQAUF^5EOE&,M7)5=T#93LG7//6"1_8NUAGGUUE6'^-2,HYEX-`KJ49XH8 MTL`&-EE.P;,XY^IX87]SRA.LDEQM#*TJL,286K!3"R-+?0\('CT'B[>S(%H< MR&;T0RPL^[0&ZOH,B@\@6L.KE@1*^%,+I[H6:"DI:5C5VCG0'@!.!N0?^9.R MXLK_`%!+`P04````"`#W>!`_5>($@F41``"P^P``%``<`'-T&UL550)``,!P$I.`3V71'OF4\Z\0>V]G=/GDH$I*XI0@5('WIKR_`BT2"`'A` M4B+HYB56R(.#<_!]!`X.0/#G7UY6P>@)$>KC\-/!\>'1P0B%+O;\'I_=G5U\,L___J7G_\V'H\^HQ`1)T+>:/8ZNHS_]",:C_[XW0F]T>G1\?NC MT7C,10,__/='_L_,H6C$J@CIQQ?J?SI81M'ZXV3R_/Q\^/SN$)/%Y.3HZ'CR MQY?K>W>)5L[8#VGDA"XZ&#'YCS2Y>(U=)TKL*Q1_F9$@5_!NLJE+*<'_-\[% MQOS2^/AD_.[X\(5Z!YF)_#:@DES\I2*?^73\X<.'27)W(\H4>=%&MJCW_22] M><`:;C1*FX[@`-VA^8C__79W5:J#QFN"5L@/O4,7KR9<9'+J!+S1[I<(1:S* M1$?TND:?#JB_6@!GVL"2;=DV%IQC-^;N3$/O(HS\Z/4JG&.R2AC= MP"BMNJ*=#G%S4[.?16LW#/3#:.+YJTDF,UDR4X@;S]"8744A!5FI>&1R:O/' M[7UBO4Q[!T9[>.7XX7B%5C-$.C2WK+<+0W.OQZGJ+FT557=K+IH[<0#H7)K8 MF^GNP&`G"#HTD6LK&L4,]4.?/VG7[+^E>M!+A$(/>7E-W!JS;CNI)Z\IP&Y) M?<"'0$RD?B0^S!TZ2QR)Z7CA..L)[S0F*(AH?B7I1L9'Q]F8]T-V^7'3WS*? MT!7[N>DJ`V>&@D\':@'6_7`O)0*3WKUY<&9;W$5/2C=%+]*;90^VR$])V1?& MO%Q11D(CELX)7FF;&->8O;7LXZBJ9A3AD5@<$P\1%NL=\6`OI?Q'-\`4>9\. M(A*C[44<1HS7%T%2FCU+:,%_6`#NO8M"A_AX^N(KV2J3$:$NR>P2<<^\LY+(V,.:YU<#JU2;I?PJH9U M`5LI@ACNG!3FHM($;;6RMX'XXXEMF)=CH[:@5_SK"/:3?F'?3NLN_9"%/;X3 MW&*:PC&C$7'<2-65:XI4R0"I9Z>\D,U%C(9Y$W<-AG]MP[]ECK1GR![;8$HI MBJC"6_G-S"_A9M\ MH%9`AV&N%+$M:]JB6-%@!9@\+S@-/?[GXC^Q_^0$S$8ZCD!D=14^(1KQ[JLR8=6( MY".63,16W`'^@&"6Z[$B3IFZ+HZ9.7?(18Q_;)K]%469"V*G#A#-^W:=J*UH M&_@'0EVO+T/_7:_H5^Z92N:&OM!Z)7+9VC]O5>T;J(E M(B6#!;P,G7;-F$=N:C^6?":9B*`03SIJD1MBZ.9&1<_K)49TJ6X*D>!4'?+/0 M.5H3Q.;KW!_V.T`)$*$W7;$0S_]O5@:-7W'HUL6-59EJZ%B0L0Y:B"MZ M3!4:+(H:I>&B-$ZT#Q^IL9#\J25!X+7OS/R`V8HH>][O(^S^>XD#9ACESW[T MJDB(0XM5%L7`]0UDC:1Q0S19/X⓼N6-N=<.L?MI#O]Q4+UCUV9*%)V/P ML(&[Q6<&6I'PW-BY;'6-PP7/IY^CF2)9K9'(N2"1Z)\$FJ1*O4L*O"7Y%:DN M*Z#-L^:WSBM/F3\0QT/Z]0B-I+`<(9.T&G*XBW#HM3JM&`>9A21&7OK*S(/S M@E1YTCJY+?P*.=O!![EG!+U*HQ6YB63J575!-EM52Q7GJQ(IJR&'N08'7*G/ MBM1$+=*U+3$T?#N$5H-JOSF*8FBAS#CIA2016O\YIT:1.L3-QE&Z0KD58WC! M$?5#K7Z:!P6RTJ$.YE^6C,Q5>UD0$<3\W?I;OO;!@(DBXL_B*(DI,>K?B`>&/H>E/>U%>3\>:GHZ,M M"`UXS?Z[PW?HJ\>%]/[VTO7W%^F_OTB_AQ?I*7(/%_AIXB$_Q97]$.%D MEQZOT<()+I+#8B0OS"ONYN.M<-?2E^3U3NA?CZ^4[3"E#X4HK5[Z'K3L5N97 MZ59_[[>K&A]KC2\-2V4-')5R27LAJ:RY]P&*[`5T("K:/0-07)JF32JG6[$+ MCU\PDUNRD?QFS<^:8X;0+Z7(*4.A5BYS2"W74\PG?2@PW*$B0D5='!Z-CI;/ MD!2K&X(6.*P!2B^4+SW(A2R#".2*#A^5`BORCVD`O1DA%1M':J0V[SO)I?K> M(2CU6P'OO!(C>H2<4QJBZ<5EQ-P_JA;L]P5@'%*[SHXBA0ED2 MZHM*8LH*XS4OZ`26[/HXPY3->C]C[-%[-HD7\%3#R">%25R M//M]/I.W=VX)GOOBLRFYD_E?O&,OAFK[@?B5%,BQZWFM!R6Y^/1\Y("_WN*M MF&/<@\A_0A/.O]@3Z6,D5RC'_L>?*;+J/+AVK%WI?RQ^*&M)%TF_H&B)/?6)3CW47$JZ[*=FFSG>5_N#GY\]&BA_-C]8\&PR MQ[(>Y)3%Z]59;XU4B?-5*=OY6>>7$9Q!'_D#;/@"BBJ:;% MLU8U+FYOS-6R)8!AF'DMBL&QWV52J!NR?JA164.^]=IO-6:2`0OKNCA3&TRX MJ>T-^XW:%"Z<^T',KE8\@3&SKK2>F\K2;X>=P`;:$3_5M=L8J24;U,[P:DW0 MDK^X]82VH6@AX/3Y^JU+D$/1.4K_RG8!ME)4W"O83)&]HWEGK6.R[[!A?8J. MM-]]J!)?%$E]@.3F=0.UI+U4@OL'?@U!HU!!AO?]G:W`/[%W&>!G^OU,A>]G M*OQ_G*G0`;BR#WZ+&$L_"BY`79*Q]-P%B$/ZTQ<4&JR84[3^5+T(;=\?JI<< MWM#\._40F,V_4M\SXMO3A#:#GR)_!A$5'VF9J)4O1!LX9_0%>HDR*^9F_".C MS+1;@I]\%B6=OGZC_,CGS1?,XR+\]4PT(:D6W(8): M](U2TZ!Y]D%)O3DV;B_)M[\@CV>M44AE_:5>*)_^RH7>*/%`3;(/RJD,L?'L MD\\,+>[H38\/<=!'RDHW/Z6/VP.V/R6OR M)8!J@`F1WL:86NDWRD^S1MI3I*FWR,:I.CR5T3COWCC?/LQ<5..&:9]A,JG: MQIF/PO[T5)46BT$`!7IRZA0,JR$)B@4E0\ M#3W5S,B\8#Z*PPO:U2M"B(1;-`R@5]28D(S+!E5;FIH4X@HP&\U+*H/*M\;' MQDW3`2%-ZAY$]Z@^D@\BJNH"+3CTKN-.#W:`74?='.`PNG[#O>IS<+_$).)? M"=80RJB0LCN3%AHFR9HTR"XZ,7FU-B:]\T?E$I.B&\D+)1*W%5V:86FAEX.6 M'B8G6S51=WTAN'X;L]MPUQO/@AO/?H=)R\8-TYZ1)E7;F,%6V'_IAT[HMDC- M`!3HR:E3,,S4#+Q).DC-:"NS/6B\HC1FUK/8XQJ'"QYZG*.9;A*L+R`)%A4% M[.K]((3!#1H"T.MIJA:#1%65-J9<[M`ZBR"TU*H3R]I1*39(&@&=;D\>=456 MYD2*\R&^WG>3V$XX9IST&3JJU,H!2>H;QKSC;@7/-].3>SP%^D)_IINCU@24D'6%=R MD'QLWC3==HJU=:L^.M3O%RZXU]/0XW_X\LF3$_#0`72N3Y.B^?DJ)D4MGX^V M:`:3F:A9-39V?W(/INS!(^25/6._.4$,XYBBC)9<8IE!LDKO>'LZ5?379GCW M?<;/.7;CY)BBT+M(OE5_%3*7 MTQW]HY(3(:_(V7X$4(UCP&.`JEJL2,45S9*>`:06R$?1JH`%I_XH0<,`EZ20 MBAJ3P5&B::BP/IY8`RR:.W$0=8)LQ:LNL.TW%7J&5RL<)N9-OY0BQ^WQE0J! M[:F5HD!/4:[F4<0`1XI@5E5E)U-65-CQA&X-.ZU#\;0.Q=.!H"AWQ`C%4P'% MIL\BC6@"S=&/1R<),.S"HV[2H%AXAQ2I=$*@>OJ>>$KCXT;NUL?-L(8?$.3M M`3?NBRAR#Q?X:>(A/^V&V`^Q]V&7'E,#[M#"Y_6&T5=G)4[>="+Y=U5D(CU1 MU@@0#'*O2%F(^N0;*U*U'8XV9@B?,9.)$UR%'GKY%;U*(5;(E#`6908%LM[! MYBA7]'88&D)ASBU^8&H5753QEM`5);<&@J7&G280EM5UN/YLBER:E;\(O7,V M*"H@E,H(6)9E!@:JSL$VZ`IZ.US:@,(\969XW)3+P!&_S"*]EY\\6+HW$#AU M#C6!4=#7X9YQ8_C.$76)OY:<$Z43$<$LB@P-4[5[K:`MJ>UP(S84X;.8$,XP MG[I.\"_D$'E77">63\A58@-!&^AF$\35JC/4N_CXFUEX_#L*@E]#_!S>(X?B M$'E\!VTE"P.2+87+*MF!D,#$X>;ALU+_9K?+ONGP&P[B,'+(ZZ4?("*N]@<[@K>C.8/^Q_4IQV1'=HS8],#1<\'17+T=:+EJ?(.N>:PRQHS='=?_;K-IX% MOGL98$=,WRKOEY`MWA\4KFK'FJ-:TIECNL]45]:'),M`R=I0W8=/X07*';FN MP*!H8.!ZBTY=6TE.E#XR:]N9QB6[(@[P-5)"=DV4&@@/8$ZVR;!5-'?YH<]F MB*=)OWK,)7)2U(MR@\1=[6A[Y$NZ#;[KF5WG_\P`L``00E#@``!#D!``#M76USXS:2_GY5]Q]PLQ]V4F5G9C*[ M=Y741ENR+4]4\5@^RS.[6ZFK%"W!-C<4H24IQ]Y??P!(BB2(5P($*<]\23Q$ M=P-"/]T`NO'RE[\^;2+P"),T1/&/K]Y]^_85@/$*K_!?$:G+Q]]^>WX/B8D$9A M_-L/Y#^W00H!KB).?WA*PQ]?/639]H+%=0F*X#6\`^3_GZ[GPC9]_X90O(GA/=')17`+(UPC%9$];^&/ MK])PLXU@^>TA@7=\65&2-$21#OJ>=-"[_R8=](=F#6]J38W(IPO\5Z->^)3! M>`W79E9F*XBE.X2>(-_^`ENYF]E&VGW_/BJ+_%9F)&.=2_^ M35,1Y%FO5)L(_G'A*&!]_6KX"X;JW MRB9UB4>@(1,0_UN7"M`=V,L%E6!020:_$-F`"O^_O[RIE-A6_#1IFF&0K,H. MQG\JE%)0O%DA[-6WV7%#/W<)VO1H'*AO0-;Q]0-P70O($.BK_:.R[U^_,['P M#,]6X,7+-'/<$Y.3Z7*^!(MS<'4]6\XN;Z8W\\4EF%Z>@<75_)+\C`D(YH7-?6/C+54--R55R5)0X,,*?C M7*\X(^/0XN:GV34X77S$X]!/L\OE_/,,S"_QOVDI-:69%.*^QCY;OA2LB'QK#VCQYU-G01*'\7UZ!9/E0R!VJ$JZ MHD\D=%86H:S?SH_*Q(N-0,PU*8L`+@.T<$3^4ZU,I-WO35L0DE>&X!TA3AVF M8Z`05WFQ6"[!%9Z@+G^:7@\\(W6!#)&?=(H-?QZR\M>+.S(YQC-C&N.XAA%) M))VB-$MI8T^"%*ZO@F<:[!#Y44?2BIZUEF9E<8Y^BYWGMF^$V&QM94]JLV=T M!^HB0"$#4"%'^1!Q3'*R:U`*&M&(X0JVR#%VFA[&4FCEAP[:KIR.=R,V+S)V M+F\6IS\?GTR7LS,:WYE=+FF2X:NU\!%Q(/;B;W3?IR=J*8LKE(8TJ7&;9DFP MRA@C-6$I^EN/Q&O1* M72+M;F?`+R*O&8`V0`;P[A=A#.?X3Z%K;Q&P?KU&X,:IMVITY-'K45> MGW^0KX!^'AK28@6UG;A(B:P'W]-QW'=_>G8:D;%6-XV;E%\/4<>B<(:EEOTY MIVF:XE6L(+S`+RQ^*5MH!51^37;.J"53C$R&=)+_&\\ABR\#^Q^!'I"\]YJ( M;-)4:.Q1C4Y]36=M$A\S72YG-P/O_C!3HLBQ=%2C;X=RNDL2[.&D?D5`TW`O M+1H'\!34Z\+9M$6K4,IR%*[G"!0%(_-!(ITAK2[F09DA91'M`0`]N"EK'!"G M52(@H`0_'*[ZY;[,$@`>CVD$Z<,T7I/_S?ZU"Q^#B&2.IMEID"3/87S_.8AV M+.R,>,H#&WH\=IOJ3=IE>71#LRK)OGHM"1-23@]MTC]JE$<@R$!)#"CUP)OM MC5"!.BF-V72OPUK;>3\6"+H]W.$'B=1WEUA@.\E`#P"M_`^C,G>1K(1+&_W"T;E^Q>&RC^9HW(6KX?'Y)^D MF(3XZY>`QC\-B$:/&8\'E&0W,-F0DR9I1G=8L3D/"4F9]>"2V,7#);5:9C[X MDB7!Q(7RZ5&UP]>Y M,"-BKW6/0AO!2Y@5D0@VEJE!6H8TI:1V@2V-5E@&..4U M2.);,L9)60JJXB.`"?8!T('#7CK:129:8$)@$HY:)&P8X+@-C/:!'YK;*1&4 MU!`4PQ<#'&'TU#UT!K@_`;>&P26OB+T?@1:Y.=9>J\71_0>Y1(WSZH2PNM^` MNKV1'%"O=WW[0'I;,04DZQ27(EM^6UR2?T&V!2R0/?:2?6 M#U+W*'.K7(NN=B]<_VIV>[.BK;;IK5)4WZM&PO@0U2V\1M!.X0/M?F%7BA)@ MNP1L#RY)'Y^,(QJ5"U+`4!4;)5P<"36-L;L]-=9)S)[_(<1HNZP5`&LO!P;XDY4 M)2/;-.U\9)W&5:ZJ7:^SK&1#M%:JJL;!Y":KDM'DJS@:XZ6LA(IMYZPJ4F[: MJE_U]Y6MM$%!E;,<0R[!1O<:&=M^0F++F92B=)+I>Y28U\5IF-'$/B M2I2QDB6JV`R5$QWTD&'44$654QR#_*I7BSX8OPN`VC,(LA"F>+2TS MM/KM`45K[-#)S"E[%ES&8S"_F-_/9DCZ02R^V_VEQ<3:[ M7OX1S/[WT_SF'R\=F"*G[Q&:@PP<\GN;U(3MP<'M!3[J%C@;`$SN\)&PU9W\ M^&YUTM`HSW:T[G<2TW.MPQ=0^G+.;O!2O_@IJJ@&OOW)#4PTG*H+H'ATG"B^ M)X=6S^"MX'2HA*)TE3P*.^B+Z[1TCES!$I1SZ"?D8W[`G7RN/.+'(-LE5+\# M0UVB,:31Q0RTVX0U3/M0O5MW9X^`NH/;['5.+O^(]LA88_+#1('0Q=GBP/_9 M]ZO@F1P7O4F"-90??9=0,B??N91.SB]+VN#FW#N_`O6Q91Y?=6:Y*#T"M'PL MYR0T]-HZNJP&01DW$S.TCRU[!4POY]T=XH9&3:[.!Z'J_0!MX$3Y`]LE*Y4CE=Y4A%=+96(:_?VHD*Q4M-0<`U*8I`7@9H MX7B\IT*52+O76W;`)V]8@5]\N/:9+F%2W`Y"@1+F0,E(\>'C0^(IW2'$\Y:: M]@J?0:*"JKZMAD=EO[-"7+>#K358EL%+^@X@DT6$NTAS:[F;+-H M$S,;+7S!P?U6&S>HJ&VW*=QA+;1XV+"0[K]Q`8PATS#*](LR[>(\BMY7FL4P M7,Y/JXPM2*X3'-<-BW%&FA,Q!X%.9L0"!OY\WQF\@[@-:[QVKOEDH1?4)2]Z14UNA7_= MUMCY2(U:Q,:@9)Z4%"3LUUSICN4TB;;2D:EBFL:CXJK,:&!<.?6PO<*+>-T] MP,83-72/*)%#[A%3@ZREQ8MH\>K9W8+*^7I9=^W46"&/9I$D71TI%T7/Z5JHZC16MGO(\/E+3VHH]CXOUUQ6Y[0'%TRQ+PMM=1O/) MB/@U%&>XQW!3[NB=53.IR M_E@<\#D">UF@$`;JTHBE-.6!4N#`K\*X13?J!UO,NS-.9-=>JGDYQNCV#:1# ML4DRRC:M$E)97TU+!RD':5SC.8,K7HQ(R37/W/9\O-'Y6D942_=SC*(SM:.9 M13])#A,?`11#"]AH\PWL'V_9""TC(4 MP9;:+6/X=5D&!UI")2L*AG92_#V"BQQ%>D"*SF,FZ$VBVDR[3T6Z75AVUR<9 MO,FO3LGGPU*G<,755:'^_,LI2K/%W0>$UND2#_4,8`2EQ:]LE5K!4E"7G7]I M"Q7CD:6=D`]D4*2?`/DV\&/W`FT@11I3J=>QD*K]$1SH=<1 M>!I3E8H\36>E^O,T]#60JP3=A>PLAE-2_+I&B14<.778>9:F0#'^ZG23_.64 M_%_#`H_7YTC264VXU0@JJ/6B+*?!APXZ(_XBU]KV@+0F O.XT($T+/P! MQG@%&I%K_->;,`[)`BP+'^'L:0OCE(6+&5.Y+-)DLIMD&[7,X_%^'0$1PI%:D*Z70MYR@I0\F<(^U?ZYK>]/M<[S&\)Y%X ML3]UHO[J6'%XT&J7GB&V4[Q'']9LR47[B6`)1>G!>!1V4!;7:>F_N((E^.70 M3UB_!5Z3[]\,C&.)FI!&OS(8;A/6(.Q#WTZ7VP[43KW67O'%"8_7T>$J7NB^ M;%7O,Q6?[]SB+\D%I?O4.U-JF7+GUF6;:F>%RE+L3=K)?I?<*!;!(ET@10>R M6?,&43U;WJ,RG:Y(+71*/-!>J_`0M2IR.9WUZGO7#_%WY_BGGZ(8.\$=]H/5 M-I43>(<26+L@ZV,8HX3N1:&[N3 M/-7L8,>3USYRL8O*5X-5.[/\M&/2F"T#XD)`56-MPQ>XI766[]KDDD!-U!%S M@>/L*4L"E*S#.$B>P3R#F^)0]^B.P@QAS&A`*^'M>O/2`'8GW5>;7Y@?\CU/QJTOINPG,(;M?38* MJL;\DT/EP,L*ZW8QK^,)5[FM-D_I8,AU->7*Z'51.'#,2:4_I-G9/+-L$;,F MY`D0CI?]SG!1&WKP4#*60(`='N2.V@$BQA0HL#FAJQT3L*E$>_GOY)2MZSFR MS2_O>U'?L6TV4]Y.56HOU0_V3HJ>+YNXG@3J1T13CTBF:M M=CD)TJY9UY5I"N1-8.JLC2D,.1")[L@ZVV(Z,YJWF:T`*W!LG6#/=5IZDD0N M:;2VTT.P8&`3HA?:UBUFG$.[3WSK#R0ZV*$(ZZD+BCFP"ORBOX]J!E MIV%%8V67]QH19W<(JA)Y(U_*>N]PC#-7UOL#4]9[)\KRY_9G01)CYY5>P63Y M$"3P)$C#E2`(J$5;_&X%K14XM=IA-X2HJA!C5\XY*8L!+@>4X`A0DM%$SO2T MC(R4T30&*4ME'X-!R.FTOB_;I34<_?!R8",:\GH!SI@VQ>`6T\;29AOO M=N%R:V]C8;A[3D=SV]KWQA.V4IO,<5.6P5818K"YQZ>L8UI4ZX/*(/4K0Z5V M1KXP.>06WT2[_UV$,UGA!'"0IP%]!2B2,8I^N/Y!WW[C0$\S' MF1?1'^PZR.F0,>G/571HO[]<2E>_82*UYARR-`MBDM`5I#>ZLA=]9LYN93E=6VOG5#O4*C8T M8V&3D@,4+"#G(JQI%8Z(PS9:KUIUZ92*I,?.`W'.1?3PT[M]#/"J>>19I),Q[81K$"ZH$I-SH14*49C\.2/L8I7P@.S_2!,QBA[X9Y0`TH^\&M@.AI&)II@WOV2<-1>^S(!CS]+N809:[T\.3E=9^!AF(1393W!G>H5VV4'<33/130A=@N@(7O5-TW>7$[E"`X`[TZG@8/#GCY$3D!_ M1WQNOO$&[9$>[.D'#K(/@V_1)'%@A/L;`*?K?^Z*:Z5OT#4D"@HCB']"M2'H M!MD-D7U646BMGRJLW$Z?O]IN(.ZI96*?U4N%DYI48GM[N:!UY)T4'^JPWZOQ M(!]@;3K6/FJJ7.\7X@><3E!>A#L@DQS&(21[AQ"7V]OP5_+WBOB"KHAU[7\FWYG7(T)2Z$9/18K MUV?2*KLIC69-8I^D)6!2ISH">SH0Q&M0IQS6?1B!`7515M.X=3@K8QT)[IP. MH5[@1Y,Z-3J*NN`+0)UH4/&`.Z^WE#V&*6[#.4K.T.XVN]M%T]4*[=HOANJ0 M5C>924AM+U)2ML+ZMC-9#=);EL2,DWTIN$,)*,M!23#X94QJW2(3';2N:Q)R M-"YP&@(V3GUR+^@A/KB)'[*N@"E`Y-Q,@23L9F#X2.[2>S%@DES5YAI.'K/D MQ=$>N#Y%&_*\%&]F+2K0C0ZO?"CBLZMTTBH?L[&`A\H*.@.'/ M\WT(PIA$11;Q,HC@X@X[Z"U,LN_K>\R10S,MH+DM>([`EF*31"A@R7I$8N\O M&:2BX<$33+W>A95`/)R=P?S_M4#Z:;`-LR!B+$.?H;K=2LE@>SF/9HNL[ZM2 MUR.]9T?%/BEIP.N2ZAN2UZJRV@7EX-?GZ$(`F2NI=1V.@J]Q[\W02',\%O0. M.;JA[`%SXT&@F4#%XP)>]Q.O'X7!;1C1C-I+Q)WD(J8^D3?&?=$,Z,T9C?=! M>]L/ZF8(,*K/Q<;/3ON<#V7SI\VF3]NMGEVV>'H#J].[I;QCMKR%2KDUYTO` MJ?VF9"=('7RTF<>/,+4YA:,A0#[Z2`7T8=@:+>YE-)+7:VSA,G&JT6G/.\;M MN!9`4SD"?;#*W8%$CM(MC`GO/D[A^(,][Q1.N$?Z:+:>#H-OPP'/%$][OX) MGHOMJ]/5OW9A`ALQOVF\%B5ES!G+G4$&C'8;/HQ;:+EKR*0^R2X0?3&3DI:` MKZ#>9VF.\C3-$8V*C"17TP$TJ+LZF1TCVORU_2/CPZKCF)UWT.;G)=9A?M\Z M[FEIZN9+@*MPBY-?P'K=<;J"<$WO>^"5;+?U"]\!5T#Y0HU^4ZUY.*2B54Z#U.UU M4B,8V5R/IUOQ[$Z,!-%LKL8AF;_Y@4W?BPH7^*%^&_^ZAX`>>[@K@E@O"CK: M2P%[\(PQQ](YM](YI^(MMNP[A^(HB-PI9W(H@62;`+)MV+A+N-@;6'UD]/O# M+#>CS\MX?`DXM4]P.$'JX*/->1@'\YE-)+7:VSA M,G&JT6G/>T`9?1V@J1R!/ECE[D`B1^D6QH1W'QE]?[#G9?3O]D@?>T:_9WP; M#GB^$#Y0=H6P^HB;]8?91MQL6T,M;VWQ)6#5?BGA!*W^1AS2PFF$O\CF?G'("*IHRN8 MA&C-'AIE3*4+:]&K9JQ6IMREE78CCV&-8CLV$I2'!\C^%?I'C>$(Y"R`G&]FB3W.^L(F)14^7Y=2@=JA`/?[VR"`=1%1\SMSAJ49#UQ MAHE'M$W2#!J2/<@:D.+%\X2\LGW'@R&QY\WR/0&2OT5^9)LN>P6B_C[X7J#H M\X M6;^Q\S5'XLJYG+4XNWF>HU]C.0>T;X5D?F@K?%)*`+F(([`7`NI20"7F"%2" MP"]$%*"R!MZ/XPR[R#5^F/FII=3:W/6PS;JXO)E??IJ= M@<75['IZ,U]<+K_:C`@4!V,U'@/\49"F>`Y",MUG:!.$[*,38H(R6,\AL(MJ M"FNT#+SSY$I"DVWR"?U&%V)T'\4O^?>!1RF)AI"Z3YG@88NN%B)4*]KC@RE9 MD$$R5:ZW:OH4LH$+)5WY;(J8SN[-#%7]EH^G2,1+GLP03T<"550P/KGSEM>%Z(H&K2+_#Y$?F:;H+"SB45F:`0NCP50BC'$WI60(`;=M:" M#2?@S.?C!YL'0EIO^8Y>`-?.@^L7BD&= MM$M'.4U%W$GN`B?HN MGX[D;)H@/W327?)$U3>"*.$I`7&>.S1$#M*\G$;41FIE9(RN M;"9">4YZW3"O!-ZC_<-\@U]G,2:[D1T-&YWEF`[T*5Q]>X\>WZQAF(_Q^`]V M:,>??LW/WES#^Y`4Z":!ZOX=//$F+7`%-`[HM&@?8 M%=3K`KQMT2KTLAPE?(OO@!8`7#(&`(LTAK0ZF`=AAI3%L$K]?8&X/`1Y@\4R M2.(5,2=U\R(G)W+KM;@Y>5M(5)^PI83525KRSW&+J%.WS MKERE]8VO_(3Z+%Z?X664`&A<&@9Q#(T3Z''K=8-!5K0:C$V."I7%Y1^X`)"2 M<0"4K[$64F6*92#;(&UC5Z[^OD`\Q56O2?7G47#/0(E;5OPVILP*K-QZ[$#* MBA2#LTDYV?\3D'\/"T5^_R-IMS6AUR"I("=77N]0.X/I*@GIG88BQ'%(6.`U M2-S@CU.K(Q@V)6N@LE^X/=TE";&5 M,%T%T3]@D/"'>A59&5(7DMF%\Q2U6P;"Q=(ET3<1TZ0H`7D1(&4C&?V52D2Z M'I:C1/O^.\@+QH!QD<*0 M5O_R,,V0LEA6:;_GJ&X^T%S#+4I(7H0<+]SQH2PG;<9X!:0N0KW25CB)^(IJ M4`9^^8S[^&\QS]F7@YQ@#*A7Z):-!NL@H1D4YG*T8L-ZL.G7(J@9GN*YUCU* M^%D.+D4#_PR%`]ASZW2!=E:P"N1-^A+;]"LH/X\!T7PE(8U>Y>&W08I! MRK[D8;-&QB)3IMV>YQ7T!"V]G&#Y$&#@+'99F@4QN8:&/[O08&C.,:0,+F8: M&BUR,M^0UZ.<=K")"Y_@+.U%74#$IQA:5DR2CH&XW:<:V<'6BD>6I4HWUB",M&T>R4:2] M5KI1KN8"\`+B=LI1!0<_T,X3GVIP<^BX\&[0.00XIWZ7$&^*UP5YG:L%\R*Q M/CJ@\S0I@+I8Z5RPU\A%<)?!H]\9$O=R.UY18];CY$([7BTN9C(:E]@U",O9 MR3BNK>/V/9+U&6]FP5Y2)U5;7PB[@/=!E-?,N8).4%K\FE:I%=0$==FAK2U4 M##B6=D(_E"](C.$Z.9$ZD*(/F^ACB"H`JO39^:V4CPC3/:`-K+;7<*DV)7(61_H9\\N^&W'F#YZXTS<+@19,Z M$SWRQU`[?E.-VQ9WU]CR*S%Y/JW)*WC(KR3*4X3CN3A4IF_)@VDR@!2FH6"2 M/9#F$5`]O\[G#%?$D=8O0\Y*/*4O#T_Z+^\Y0I0_Q[Q([H,X_#>=-Y[BJ2.* MPG7^3FR\OLIGWO2?B[OS,,:Z#H-H_R!%*G@@V:G,_7+8B4S+Y9/#WV6[V';3 M%-F2S$4-DY/I7TP^PC+AYZ M]>82N*@7W+`K0P>BZPO)/JS,Z\NAQ_Q'*W@VT;I"\9VHB>+&\6IS\?8T\U.P.G MBX]7L\LE=5.#/V/H`G[(+0B8W1=6,AO/%[JT#G\.9Q8D<1C?IUT3N!(5 M6;GC0TAFM_M#4;OE3A"Q=,FN$!'3Y&*Q7(*KV358_C2]G@V\042E-J3;Q6K+8Z<->65T;+F)[Q((N&*Z]E/L\OE_/,,S"_QOP=>,YEH M'G503=/X-!@;C[P:0\SC\`EOLVH\OX%/V4G43HTKJ,KA4$1E-^S)Z[82%GDT54O"'(Z8>@)2&3R<"B!^:[H$4TC>L'/ M,)N/RX>+3X-MF`71!7EXS_:2:;72W65E=H=X& M4Y4<9A-S]:1[P0`H!ZBQC&<'JBYPN+M1S5!7V*N!`/X>U=$@MK?=T)Z`2T:- M)G17!6`C"ECRME>*YZ.#7^CO"[`Z6ZF]0-;C8;BB960E(IKH2VG*0W)\&KLS M6;)Z+0_/"41+#FEQ.2:5LZ=AO?%,W.5*0UI]S)S>XI'63G+Y0H#;$WIN@$!/ M[BTN/X";V?5'<#8[&7CB;:-]X>D]%_KO?'E!7;PR!*='S'%=SD-R>BUQY\P, M0W0*UM%B6B=09P0"#L9E@3M#S'C-AF_"+-^!'*]/:0K_'L:K$*9*J^G$6V7( M37AM<^7F[;3.FAM5*!"#(VJ%!)!Q3SXGCW`A+,C[`*E:;DK++\K&'\GA_7A&VXXRG=N2QG;;WE*$H2$)#$3J`=.S[]`=0I$20`+@@*1'D MY:5QQ<5B__RP6"Q`\)=?GY?!P1.B#)/P_>'IJY/#`Q3Z9(K#^?O#SP]'HX>+ MZ^O#7__U][_]\H^CHX./*$34B]#T8/)R`P=\"Y"]NZ9X?>'BRA:O3L^_O;MVZMO;UX1.C]^?7)R>OSG M[E,B7:_X\H4'&X,WQIB\MA?B_HXSL M2/QT=/KZZ,WIJVQ84!R':"Y\1,Y'B*NSQ*%T7AVS?&^1#6$*?-H(M&% MQQ97`?G&:DBR;=M$@DO,_("PF*)SCV$VGMU1Q+AZR>`;A=/Q"H?\K_'LU@N] M>:)Y#5GK]-*.5N(O$D8XC!'O1<0QWD\=R;$?><;1`]((L.B+!$Y^# M;W"(QK,+BJ:XF;!JCNU(>T,8NT/T8>'19MB4&+4CVT-$_*\\T*"IP#P'?#)" M&TFI8=E(7N+'`CX\_'W@T21ZN0YGA"YKRVIBUY+/<83G"<,'%$5!\]&D9-@6 M/L/Y(Z++2S1I*&.>45ZV56X*XP/LJ]0)>HY0.$73K!LAW4[FXD2@3*2`^)(4 M@4BB"56F@DD:.//8),D%8W8T][S5L3#",0HBEOV2F.7HY#3-FG](?_XRIG,O MQ/]-1+O@TQ\)\#23,R_V>':%0YZ^82_8I$YL-&$1]?R-8P*18KX_;)4G'P+" MY.WP/.ZEF;=X>N1X/.=B?FW3X@;V;1A?Q5[V0WX$CJCL$X_ZF3#\S]+PDQ=Y M*<7QBL]!873D+W"P&;DS2I9M0Y/LW/)YT[P[:$7Z@X@T8Z24.F9<6K(2C3R^ MCB5TBNC[P],3493@2LP0I>D2U."_Q'D1H@Q)B]5C99S>4PC7K!*Z"B1J<;C; M^(,585[PD9)XI8O,-5NG8+1MW5FTE>7A:Z0@%D4QM?S5T;4M=ELS-F/76?2L M"Q_2N@WEN&@IEXB`S>49;,335AFZ&LX*63ZA:#Q[])XU<\N`V\!>#VLQWL!.]L@C> M%=PWPFSETZUB(*0I#(RDG0UME52ZL0VB-6CKP.@&^8O8J2J/;U,/8H!73J'*:-A-E:V8U47<5!DD>;>'`3*74S8'Q6N$1`E6LL$A7XJ"#N+#CEY=*%'".-0C\'P@/0-P2F MG#RHS;S%H-7P'-#84QW+ZW`/:XFC=>0,>404FZQS%/H8L#6BP2$BG)J1[Q-FRP"@-ITN>-7P].DGBU*&X#PKI/X`>NR[_%$>FVG MJ^&1>UUGDL1&RD>_0FVX//16VEAT6]U@\[&]U6 M+B$52LFC%\):#-HB2T/BW;VC'WP4>A23T3-F.G^K:(INEVBZ][[L30)31N/N MA)?D6)F'D_Y-)?PC@L^KB*+O.SEJY[7RL]2N"Z:=R>9YMX M7\_.201D>O`I&EWS/[7#NT10'-M;@NZ=K1_8.C7`HSK'0.W0UVWD5QU`8<08 MTE9FU0]3VQ4>=N_^LI-)A0H:]V\8"0@4&>RP5-:9^R]B*JQK1(&&1@)#D:8S M3&B\3F#*R+"0>6TA4>(Q+&2(>P'$LI+_\^$_,7[R@F1I&EUXE+[PA69RGJ58 M*+%IDQ5(0&TZ1I(.+Z2>SBJ`%;I(#OO"6`\+=P\+0B-1%Q6G(MFZ(%+,3@PD M67ZB(G$71`"-@)A1<], MTKP``#U!]EYZFW!X[KT2B=1'2E@Q%X41I]:M('9PN6RE7M6ZN8K9X++4 M>!DG![`N$1??QXEA^-\!2N^Z&"UYLI[>@Z$U3CFC;97M-OMMAZV#(-Z1R2K+ M1*UU.ZR<6ZMH.0>'D%;%5@=R=*O("DO607&U[:S=@X[&09Q`E*D"B(;'$--V9;ZN3-1==+927-AVQ-"R\!OL37"`(XS$Z;;D_9<% M";A*3(2WZ$5WWMJR678N$=K,T6W.FFI#-D#AK(>5O^?T-N^/5A.60>;,3JDU M<(B%PH4C\<"N"J`;^#YK_C4`=\S)0%K:\5)2.XP>NI`V.C%R'-;UQ56F,INL[Q!Z]9Z2K M>%?1;;&DH7,?22`%+7&DXSFL6DZRLBS;0K4@UU/EE^0**L?Q`U/.!CU:CL/: M@*V$3:51^P>65G$"ATBMFHX+18!<7JW(6T8<;?9SI&6*T*K6R-&\UFW$@W)05W]S,?2F#E&90LG3^B$%$O$,>GITL<8I%B1O@)?7@6 M%Y^6DANK1MDL`6OD*(!JJ0R:4X",AU722+;CTJ_QB<)-DL@K-C@U)/G=S2*) MHP`"J`.!BYI-"Z6&LS4X0C07+U=T#0]9P9OR.V(&B@P<"@I7L5&I#`@:*BYJ M9+SMZ6R557C5TY+FZ>8%<_FIHU@P*P'!08F#K@;4SZECB^XK;L[U%:TQ1_WV MVZ[G:$8HRAT4NL4AH8'=_/3L[+KHR M/FS,[5$Z]7@^ZVU,3TV2QJMSG@F75Y\55-(X*5,YC>DJI>#X4W#25:@&&_Q; M.%VPVT[`(;U?IP^:1N_6SQW4#=1MGC@XK54*=B8H9V82E^6O+86F6T-5?+"] M"0OE&`&RZ,4(J&4.>WQ#N]&@MZ]%;!LC-$!M`[1V^5WN!CBTQ+$1OW4$L47X MT';HUGL0BG)8^<'V"H_L@:.!42LZ)-SE&VM=F>(G.<\]AGW@!UV5M)IO MGLJTCH+$1D$(;BKX::!4Z]X'!\)&==++[9"88/WY8MOED+(U>)TCMW;FP[MJ MB('6,B9[R.@T=@I;KQ0Z&]:$9S/9PS%<@T^-'*_?N*YOHT8(M^IV6$=OE):" M3/20";X'^(/H9HDM#'Y`^'Y(D+3T1,?+G/T*5Y.$!W/$H79.(Y8Y(6B MGJ7)'>LV3SUBW=S1#+.A&2!)IWT7FLF\UO:]`Q$.:@!5Y*O5UA*C'4?*VA"T M@&]U4+65P@;9QOC;UQQ5H_PE#F+^:\D&,%Q7M38C6]MZ2-@&FFAGZ-;W/ZR\ M-/DH\A4JO]M?_#W_/>KD=T>G>IW@H)L;MVV;7`;J@%N3DZ079,DE7Z"0X2>T M78GEUEM8'#[Q*?(8ND3K?U4'=1LQRA_GK":G6EFY+X>+U=8 M0;/?!Z#QUMEFW!N/)6GI9*VNZ3YAH\^"CT^*I(D0@::8KZ2#0.)H409<#WH,@\ M=I<@-O!O*N'GD*V0CV<8397Y8R5=YF^5GJ4P'73N#W/-O&^GIV3"/A^ MN]'WVXW64!`?V^9SYATE3YA/MN:LJC4V!206E.=3H:UJ]C/H]X-P`$_"F[?"?"H>$^A,IK^%:^23 MT,>!J,UNZ_^/I%G\VV47V<=.=M%%3P?"'LS=QI#:C9C#2CT@GRDN##:;)IO[ MDVN=&3#A;8%@;:#Z#-`@WK.US9B7$T%3O?*&2J6&TFRNH(:J+!PA9DE/T` M5B?*L*Y3_.CA4)AH'(HKBLOUFT_7%Z!KURB[ZQ76:+#0KF6T_4`=*MK0 M+HLLGF;+&>K"6^%(*%G<`P4VV&Z'5C48+."MC;4?L$/$4@/=ZKRN4T#G)O(1 MFB;O2:Z'^*/0/:8OR5="RLDUA'J;7QNI!XMO.S/M+0NE M9\=39#":[5MJ4^?AX;FV<5H!M$WO`P_.^MOI(:2Z`.S$_>\MAUSHA>XM!5G` M#>U62:WC8?5A06@DOFQO`*15(VTP53;J*TCKF&0W(53=\;"V1;)!>D5HW@#) MB](*@VD"JF7K0HR%MNXKHAL9JHU6:(QF! M6466^D!+UE,0`M5N`WKZKEJH6CF5DTKK3;%G/4YT8Q^>$?4QV[[OKJH5F.A5 M90(E?4_1:&N(MB.BIL]AS=EP,]5.+VNGE7T%;FW3M(%@F\Y;+'$YL&+*C]UL M2DD/P-V(>^?M-3&&@4 M3L4_8A_OR0M$A@2Z>K1.T^PZ1YNFCB[Q&Z@/NO#1BOVPXJI:]Q$?S92^$'[ MNQ?$,#1JVAAA6&S3*_R9%:X/O!+?%@KY*>)6"::Y,#0:*NZ^O/Z_0UY)Y9UC MKT[=?8V]#V'72_:-.<:SS?URFBH[A+1XA9**M'MPF12PNU/0Q+(W%PM>$C]. M;D0,.2#%59C7X8S0Y?J=RE![5T$@N+=(X M[5.S0G"GEOCL[C)EJ%>S:>^1LRTX4_4HNW,G_\A1UQG$AWA,;F[8!-BSH^ZR MG/F22ZWQF)*FX#J9QG$?FA2R<6:!CZ%NLR>OCKA44R'95>`5/X^F?);=&"<] M<]1[)@4@7BNT-]0\]NVM2\1\BE>*2W%,)$7?Y4E<=Z%>'2M/2FP,A80].?0B MIL(N5YCY7O!OY%%U7*TBR\I*.C)'G0M4"U0ZTK)2._GMWA/7/U`0_!:2;^$# M\A@)T50<@"I]!01$*R6R.EI'?6ZC(#RQU?)3>__GO7O_=Q+$7!/ZEU#(WF[2..TE\T*P;U;XJ/VZMG^%Z/KJ'./5N).R7`NE(C5SC63RDM3-:G3 MK@:I9[%0U;#352'V[OD$B1=<@3FAZB*$DD+RLTSAM'M-RL"]6N"B<>;^:TIW M\23`_E5`O.)NB_:YY,C$`!59/^6F:4?AR\Q<=RQYU6. M/:]R['EO'*M6Q=*QY[OY_+'R<]6FDVB:4XDV30KIEK%)9]ZU4LCNM"*$=`L``00E#@``!#D!``#M6DMS MVS80OG>F_P'5G:)D-TVDL9.19=KA5"(]HNSFEH%(2$)#`2H`VLF_[P(D]2*% MV$P[R;32"5SL^\-CR=7%N\^K%#T2(2EGEZUNN]-"A,4\H6QQV;J/G$$T]/W6 MN[<__W3QB^.@6\*(P(HD:/8%W61_4B4S].$/S!)TU>F^ZB#'T:R?9=*7\9*L M,%)8+(@*\(K(-8[)96NIU+KOND]/3VV9K059$F\S<4"M'2Z[H?Q*#+V2V:I MY/-,Y^PI99_V^#_/1%JJ/W?U]`Q+4K(SSEBVJA=(E'#5ES5Q@7=CBBQT_H\ZUW,%3\%8SK9C2/L@:RV9F1I3 M6BVU9($RJ3"+-UE(R);;<$H2MQ?\T86)&O5@6;M:[Y.9J?.I@DP!>[?7Z[EF MM@4K$"&S!C%C7&$%:]O02NIZ3=F<%R0@:JE^B>F$S)'1T]=YN6Q)NEJG.D9# M6PHR!YJ23KED/L)":H-S)8>B*@6Q.T$D+&%C'(VVZ\7PZ.@LB34(KG<4C+:^ ME2JPB"M:*JD`)7Q-A**0R\V:=?^IP&.^[?@W+EWA5)]F MT9(0U4(4CM@]RD9]:6`+V5NX0I3VO&!_NA$"XX;(*'!\CS)?<78[U<02VS_*W)'V*YO$GYD\PSOWVT MI_W6P,W7<`X)K*..4R$^0*2RK#^>X%-F!)"'<*( M[B<-ML__[7CTV2.$RP44'X>8[$[9H3BO0.$'#Y#Z<.)[I\UAS?^(2WE'1+3$ M@AP"L#=G1^!U!8%1&$4(3B@4O1],O!,(-A!"M21BR%?`LR1,TD=8^\!6`>0H MGPV<-YU.!9QP^AZ0&89CJ`#>>T'D/WBP9>#Y!)05J`EYY.DC90NP3<+Y4)"$ M5NZ2>B;[_GE5@6CB/82C!S^X12,_\'1%-IQXU_[I.K$"%"D>?X+*F21ZF\`> M,0$<(G2$RP[1FPI$T30<_NY`-0W%F-Y+L)%,/7:"J`8B'F>ZJ()7&`_J8/7% M9W,N5KOPV#ALT/3@IZ$IY'>'^DMZK@SM:#OA4\5G\W(?SG?OGBK9_@7A[`5? M$+;O02=`["4:6TR)[MW,*G?-WIS]_/JMID2#VV7J3<;HVKLZ72QV$,#PPC@= M$:72VI?(6AX[*+TJ*/[4O\V_R$3>=#KZK[]#7KB'3:2"LM]L,JTFNEISH1"K M;7\>ZRGFG=,1CXTRBXA^)[^->]J/;/7N"`YF]J^%@S M\67AEW+?[$5]G_8YSNQ*!KF@]J:GO>G^UC@GAYWQOVB!?& M@]KVM4M2)3>ZG*VN1@Y5NN+-_=&4;W6GVCIO[H_1U<0A:Z_=YL^AC!Y8'"C^ ME6$\L%>_@YE4`L?%?2.5_/@\[KP9:?YWT`<:O)'Z4'[ILQ<"R8"-JDQ+W`J> MK4M&"BPMA`LEERTE,F!G-$WQ3'<2\^><%PHXRI.I,9-D>3%W/,0Q5UPLH8;< M%GYCLIH1L8W+PI('D_\UI)_P%:;LNT83"K+@['@HQ^9_M#AV*\AM(5)=`L``00E M#@``!#D!``!02P$"'@,4````"`#W>!`_3>OO:WL)``"+=P``%``8```````! M````I('Y-P```L``00E M#@``!#D!``!02P$"'@,4````"`#W>!`_5>($@F41``"P^P``%``8```````! M````I('"00```L``00E M#@``!#D!``!02P$"'@,4````"`#W>!`_J->*8,TJ```.<0(`%``8```````! M````I(%U4P```L``00E M#@``!#D!``!02P$"'@,4````"`#W>!`_S:TR24\4``#N-@$`%``8```````! M````I(&0?@```L``00E M#@``!#D!``!02P$"'@,4````"`#W>!`_(LE5>+`%``"%)0``$``8```````! M````I($MDP`` XML 23 R13.htm IDEA: XBRL DOCUMENT v2.3.0.11

Document and Entity Information
6 Months Ended

Jul. 02, 2011

Jul. 28, 2011

Common Class A

Jul. 28, 2011

Common Class B

Entity Registrant Name SUPREME INDUSTRIES INC

Entity Central Index Key 0000350846

Document Type 10-Q

Document Period End Date Jul. 02, 2011

Amendment Flag false

Current Fiscal Year End Date --12-25

Entity Current Reporting Status Yes

Entity Filer Category Smaller Reporting Company

Entity Common Stock, Shares Outstanding 13,087,104 1,716,937

Document Fiscal Year Focus 2011

Document Fiscal Period Focus Q2

X

- Definition

If the value is true, then the document as an amendment to previously-filed/accepted document.

+ Details

Name: dei_AmendmentFlag

Namespace Prefix: dei

Data Type: xbrli:booleanItemType

Balance Type: na

Period Type: duration

X

- Definition

End date of current fiscal year in the format --MM-DD.

+ Details

Name: dei_CurrentFiscalYearEndDate

Namespace Prefix: dei

Data Type: xbrli:gMonthDayItemType

Balance Type: na

Period Type: duration

X

- Definition

This is focus fiscal period of the document report. For a first quarter 2006 quarterly report, which may also provide financial information from prior periods, the first fiscal quarter should be given as the fiscal period focus. Values: FY, Q1, Q2, Q3, Q4, H1, H2, M9, T1, T2, T3, M8, CY.

+ Details

Name: dei_DocumentFiscalPeriodFocus

Namespace Prefix: dei

Data Type: dei:fiscalPeriodItemType

Balance Type: na

Period Type: duration

X

- Definition

This is focus fiscal year of the document report in CCYY format. For a 2006 annual report, which may also provide financial information from prior periods, fiscal 2006 should be given as the fiscal year focus. Example: 2006.

+ Details

Name: dei_DocumentFiscalYearFocus

Namespace Prefix: dei

Data Type: xbrli:gYearItemType

Balance Type: na

Period Type: duration

X

- Definition

The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented. If there is no historical data in the report, use the filing date. The format of the date is CCYY-MM-DD.

+ Details

Name: dei_DocumentPeriodEndDate

Namespace Prefix: dei

Data Type: xbrli:dateItemType

Balance Type: na

Period Type: duration

X

- Definition

The type of document being provided (such as 10-K, 10-Q, N-1A, etc). The document type is limited to the same value as the supporting SEC submission type, minus any "/A" suffix. The acceptable values are as follows: S-1, S-3, S-4, S-11, F-1, F-3, F-4, F-9, F-10, 6-K, 8-K, 10, 10-K, 10-Q, 20-F, 40-F, N-1A, 485BPOS, 497, NCSR, N-CSR, N-CSRS, N-Q, 10-KT, 10-QT, 20-FT, and Other.

+ Details

Name: dei_DocumentType

Namespace Prefix: dei

Data Type: dei:submissionTypeItemType

Balance Type: na

Period Type: duration

X

- Definition

A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation 12B
-Number 240
-Section 12b
-Subsection 1

+ Details

Name: dei_EntityCentralIndexKey

Namespace Prefix: dei

Data Type: dei:centralIndexKeyItemType

Balance Type: na

Period Type: duration

X

- Definition

Indicate number of shares outstanding of each of registrant's classes of common stock, as of latest practicable date. Where multiple classes exist define each class by adding class of stock items such as Common Class A [Member], Common Class B [Member] onto the Instrument [Domain] of the Entity Listings, Instrument

+ Details

Name: dei_EntityCommonStockSharesOutstanding

Namespace Prefix: dei

Data Type: xbrli:sharesItemType

Balance Type: na

Period Type: instant

X

- Definition

Indicate "Yes" or "No" whether registrants (1) have filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that registrants were required to file such reports), and (2) have been subject to such filing requirements for the past 90 days. This information should be based on the registrant's current or most recent filing containing the related disclosure.

+ Details

Name: dei_EntityCurrentReportingStatus

Namespace Prefix: dei

Data Type: dei:yesNoItemType

Balance Type: na

Period Type: duration

X

- Definition

Indicate whether the registrant is one of the following: (1) Large Accelerated Filer, (2) Accelerated Filer, (3) Non-accelerated Filer, or (4) Smaller Reporting Company. Definitions of these categories are stated in Rule 12b-2 of the Exchange Act. This information should be based on the registrant's current or most recent filing containing the related disclosure.

+ Details

Name: dei_EntityFilerCategory

Namespace Prefix: dei

Data Type: dei:filerCategoryItemType

Balance Type: na

Period Type: duration

X

- Definition

The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation 12B
-Number 240
-Section 12b
-Subsection 1

+ Details

Name: dei_EntityRegistrantName

Namespace Prefix: dei

Data Type: xbrli:normalizedStringItemType

Balance Type: na

Period Type: duration

XML 24 R6.htm IDEA: XBRL DOCUMENT v2.3.0.11

INVENTORIES
6 Months Ended

Jul. 02, 2011

INVENTORIES

INVENTORIES

NOTE 3 — INVENTORIES

Inventories, which are stated at the lower of cost or market with cost determined using the first-in, first-out method, consist of the following:

July 2,

December 25,

2011

2010

Raw materials

$

24,957,062

$

18,954,303

Work-in-progress

5,967,299

6,512,602

Finished goods

12,772,361

10,209,448

$

43,696,722

$

35,676,353

X

- Details

Name: us-gaap_InventoryDisclosureAbstract

Namespace Prefix: us-gaap

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The entire disclosure for inventory. This may include, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the major classes of inventory, and the nature of the cost elements included in inventory. If inventory is stated above cost, accrued net losses on firm purchase commitments for inventory and losses resulting from valuing inventory at the lower-of-cost-or-market may also be included. For LIFO inventory, may disclose the amount and basis for determining the excess of replacement or current cost over stated LIFO value and the effects of a LIFO quantities liquidation that impacts net income.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.6)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 43
-Chapter 3
-Section A
-Paragraph 9
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 6
-Subparagraph a, b, c
-Article 5

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6361739&loc=d3e7789-107766

+ Details

Name: us-gaap_InventoryDisclosureTextBlock

Namespace Prefix: us-gaap

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 25 R9.htm IDEA: XBRL DOCUMENT v2.3.0.11

LONG TERM DEBT
6 Months Ended

Jul. 02, 2011

LONG TERM DEBT

LONG TERM DEBT

NOTE 6 — LONG TERM DEBT

On March 24, 2011, Supreme Indiana entered into an Option Agreement (the “Option Agreement”) pursuant to which Supreme Indiana granted Barrett Gardner Associates, Inc. (“Barrett Gardner”), an entity which is owned by Messrs. William J. Barrett and Herbert M. Gardner, each a director of the Company, the right to purchase the California Real Estate. On May 12, 2011, Barrett Gardner assigned the Option Agreement to Purchaser. Purchaser is minority owned by Supreme Indiana, which received an equity interest in Purchaser as a portion of the purchase price, and Messrs. William J. Barrett, Herbert M. Gardner and Edward L. Flynn, each a director of the Company. In connection with the Sale Leaseback Transaction, the Company received a fairness opinion issued by a third party valuation consultant stating that the proposed transactions were fair from a financial point of view to the shareholders of the Company.

In accordance with the Option Agreement, Supreme Indiana and Purchaser entered into a Standard Offer, Agreement and Escrow Instructions for Purchase of Real Estate dated May 3, 2011 (as amended by that certain Amendment to Escrow Instructions dated as of the closing date, the “Purchase Agreement”) in which Purchaser agreed to purchase the California Real Estate for $4,100,000 comprised of the following amounts: (a) a $100,000 deposit made pursuant to the Option Agreement, (b) $3,000,000 paid in cash at the closing, (c) a grant to Supreme Indiana of the 34% equity interest in Purchaser described above valued at $495,000 (included in other assets on the July 2, 2011 balance sheet), and (d) a credit in the amount of $505,000 based on the lack of brokerage commissions and the nature of the transaction. Supreme Indiana paid the closing costs associated with the transaction, including the escrow fees, transfer taxes, title policies and other transaction costs. Supreme Indiana has provided Purchaser with an agreement to indemnify Purchaser from losses, damages and claims arising from the condition of the California Real Estate at closing and a breach by Supreme Indiana of its representations and warranties. Supreme Indiana’s indemnity obligations survive the closing of the sale.

Concurrently with the closing of the sale of the California Real Estate to Purchaser, Supreme Indiana leased from Purchaser the California Real Estate for a term of twenty years pursuant to that certain Air Commercial Real Estate Association Standard Industrial/Commercial Single-Tenant Lease dated as of the closing date (the “Lease”). The base rent for the first five years of the term is $24,000 per month. Base rent will be adjusted after the fifth year of the term to bring the base rent to fair market value and based on any increases in Purchaser’s financing costs. The Lease is a triple net lease, and Supreme Indiana is responsible for all costs relating to the leased premises. Supreme Indiana was granted a purchase option and right of first refusal with respect to the California Real Estate through April 30, 2016. In addition, Supreme Indiana was granted a one-time right of first offer with respect to the California Real Estate that continues until the expiration of the lease term.

Due to the Company’s continuing involvement in the California Real Estate, the Sale Leaseback Transaction was not recognized as a sale of the property. It is instead being accounted for as a financing transaction, and the Company has recorded the receipt of cash, the equity interest in the Purchaser and the related obligation.

The outstanding principal amount of the obligation as of July 2, 2011 is $3.6 million and bears interest at 5.5%. Of this amount $93 thousand and $3.5 million is included in current maturities of long term debt and long term debt, respectively, in the accompanying balance sheet at July 2, 2011.

X

- Details

Name: sts_LongTermDebtDisclosureAbstract

Namespace Prefix: sts

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The entire disclosure for long-term debt.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 22
-Article 5

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.22)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

+ Details

Name: us-gaap_LongTermDebtTextBlock

Namespace Prefix: us-gaap

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 26 R10.htm IDEA: XBRL DOCUMENT v2.3.0.11

LOSS PER SHARE
6 Months Ended

Jul. 02, 2011

LOSS PER SHARE

LOSS PER SHARE

NOTE 7 — LOSS PER SHARE

The assumed exercise or issuance of 251,614 and 215,861 shares for the three-month periods ending July 2, 2011 and June 26, 2010, respectively, relating to stock plans were not included in the computation of diluted loss per share. The assumed exercise or issuance of 272,543 and 234,068 shares for the six-month periods ending July 2, 2011 and June 26, 2010, respectively, relating to stock plans were not included in the computation of diluted loss per share. Inclusion of these shares in the respective periods would have been antidilutive.

X

- Details

Name: us-gaap_EarningsPerShareAbstract

Namespace Prefix: us-gaap

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The entire disclosure for earnings per share.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6920599&loc=d3e1252-109256

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 55
-Paragraph 52
-URI http://asc.fasb.org/extlink&oid=6945512&loc=d3e4984-109258

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 40
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6920599&loc=d3e1278-109256

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 225
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03.21)
-URI http://asc.fasb.org/extlink&oid=6880815&loc=d3e20235-122688

+ Details

Name: us-gaap_EarningsPerShareTextBlock

Namespace Prefix: us-gaap

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 27 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; word-wrap: break-word; } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } XML 28 R11.htm IDEA: XBRL DOCUMENT v2.3.0.11

STOCK-BASED COMPENSATION
6 Months Ended

Jul. 02, 2011

STOCK-BASED COMPENSATION

STOCK-BASED COMPENSATION

NOTE 8 — STOCK-BASED COMPENSATION

The following table summarizes the activity for the unvested restricted stock units and restricted stock for the six months ended July 2, 2011:

Weighted -

Average

Number of

Grant Date

Shares

Fair Value

Unvested, December 25, 2010

24,584

$

3.32

Granted

—

n/a

Vested

(19,445

)

3.86

Unvested, July 2, 2011

5,139

$

1.27

The total fair value of the shares vested during the six months ended July 2, 2011 was $75,019.

A summary of the status of the Company’s outstanding stock options as of July 2, 2011, and changes during the six months ended July 2, 2011, are as follows:

Weighted -

Average

Number of

Exercise

Shares

Price

Outstanding, December 25, 2010

1,204,715

$

3.83

Granted

—

n/a

Exercised

(26,920

)

1.47

Expired

(7,385

)

7.14

Forfeited

(7,983

)

1.51

Outstanding, July 2, 2011

1,162,427

$

3.88

As of July 2, 2011, outstanding exercisable options had an intrinsic value of $405,237 and a weighted-average remaining contractual life of 4.07 years.

Total unrecognized compensation expense related to all share-based awards outstanding at July 2, 2011, was approximately $394,334 and is to be recorded over a weighted average contractual life of 2.26 years.

X

- Details

Name: us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract

Namespace Prefix: us-gaap

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5444-113901

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Statement of Position (SOP)
-Number 93-6
-Paragraph 53
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Staff Accounting Bulletin (SAB)
-Number Topic 14

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 123R
-Paragraph 64, 65, A240
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 40
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6418621&loc=d3e17540-113929

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5047-113901

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 50
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6406099&loc=d3e25284-112666

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

+ Details

Name: us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock

Namespace Prefix: us-gaap

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 29 R5.htm IDEA: XBRL DOCUMENT v2.3.0.11

DISCONTINUED OPERATIONS
6 Months Ended

Jul. 02, 2011

DISCONTINUED OPERATIONS

DISCONTINUED OPERATIONS

NOTE 2 — DISCONTINUED OPERATIONS

Effective December 25, 2010, the Company decided to cease operations at its Woodburn, Oregon manufacturing facility. The Oregon operations were discontinued due to the Company’s decision to exit this unprofitable geographic region. In light of a persistently difficult market and challenging cost structure, the Company is working with customers to meet existing commitments. The amount of Oregon business expected to be retained is insignificant. The Oregon facility and equipment are classified as held for sale as of July 2, 2011 and December 25, 2010 and are included in other current assets in the accompanying balance sheet.

The 2011 operating results for the Woodburn, Oregon location are classified as discontinued operations, and prior years’ operating results have been reclassified to discontinued operations as follows:

Three Months Ended

Six Months Ended

July 2, 2011

June 26, 2010

July 2, 2011

June 26, 2010

Net sales

$

465,193

$

1,649,520

$

3,285,848

$

4,104,067

Pretax loss from operations

$

(334,706

)

$

(303,887

)

$

(691,845

)

$

(697,771

)

Net loss

$

(334,706

)

$

(303,887

)

$

(691,845

)

$

(697,771

)

In the fourth quarter of 2009, the Company terminated its Silver Crown luxury motorhome product line. This decision was triggered by a significant reduction of new motorhome sales orders and the cancellation of sales orders due to the extremely tight credit markets caused by the economic recession. The Company decided to exit the motorhome product line as part of a plan to focus on core truck, bus and armored products and to reduce overall fixed costs.

The Silver Crown facility in White Pigeon, Michigan is classified as held for sale as of July 2, 2011 and December 25, 2010 and is included in other current assets in the accompanying balance sheet. Any losses incurred in 2011 related to the wind-down of the operations are expected to be insignificant and will be reflected as continuing operations in the 2011 Statement of Operations.

The 2010 operating results for the Silver Crown division are classified as discontinued operations as follows:

Three Months Ended

Six Months Ended

June 26, 2010

June 26, 2010

Net sales

$

—

$

1,567,977

Pretax loss from operations

$

(143,970

)

$

(138,766

)

Net loss

$

(143,970

)

$

(138,766

)

X

- Details

Name: us-gaap_DiscontinuedOperationsAndDisposalGroupsAbstract

Namespace Prefix: us-gaap

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The entire disclosure for the facts and circumstances leading to the completed or expected disposal, manner and timing of disposal, the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the segment in which the disposal group was reported, and the classification (whether sold or classified as held for sale) and carrying value of the assets and liabilities comprising the disposal group. Includes all disposal groups, including those classified as components of the entity (discontinued operations).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 45
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6892542&loc=d3e957-107759

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6391110&loc=d3e2941-110230

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6360339&loc=d3e1436-107760

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6360339&loc=d3e1361-107760

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 45
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=6390789&loc=d3e2443-110228

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 144
-Paragraph 43-48
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6360339&loc=d3e1474-107760

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 45
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=6892542&loc=d3e1020-107759

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=6360339&loc=d3e1510-107760

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 45
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=6892542&loc=d3e1012-107759

+ Details

Name: us-gaap_DisposalGroupsIncludingDiscontinuedOperationsDisclosureTextBlock

Namespace Prefix: us-gaap

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 30 R7.htm IDEA: XBRL DOCUMENT v2.3.0.11

FAIR VALUE MEASUREMENT
6 Months Ended

Jul. 02, 2011

FAIR VALUE MEASUREMENT

FAIR VALUE MEASUREMENT

NOTE 4 — FAIR VALUE MEASUREMENT

Generally accepted accounting principles (“GAAP”) define fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. GAAP also establishes a fair value hierarchy which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. The standard describes three levels of inputs that may be used to measure fair value:

Level 1: Quoted prices (unadjusted) for identical assets or liabilities in active markets that the entity has the ability to access as of the measurement date.

Level 2: Significant other observable inputs other than Level 1 prices such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data.

Level 3: Significant unobservable inputs that reflect a company’s own assumptions about the assumptions that market participants would use in pricing an asset or liability.

The Company used the following methods and significant assumptions to estimate the fair value of items:

Investments: The fair values of investments available-for-sale are determined by obtaining quoted prices on nationally recognized securities exchanges (Level 1 inputs).

The carrying amounts of cash and cash equivalents, accounts receivable, and trade accounts payable approximated fair value as of July 2, 2011 and December 25, 2010, because of the relatively short maturities of these financial instruments. The carrying amount of long-term debt, including current maturities, approximated fair value as of July 2, 2011 and December 25, 2010, based upon terms and conditions available to the Company at those dates in comparison to the terms and conditions of its outstanding long-term debt.

X

- Details

Name: us-gaap_FairValueDisclosuresAbstract

Namespace Prefix: us-gaap

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=6925170&loc=d3e19296-110258

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 159
-Paragraph 17-22, 27, 28
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=6947722&loc=d3e13433-108611

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 107
-Paragraph 15C, 15D
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 28
-URI http://asc.fasb.org/extlink&oid=6957238&loc=d3e14064-108612

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 16
-URI http://asc.fasb.org/extlink&oid=6947722&loc=d3e13504-108611

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 107
-Paragraph 15A
-Subparagraph a-d
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 21
-URI http://asc.fasb.org/extlink&oid=6947722&loc=d3e13537-108611

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 133
-Paragraph 44A, 44B
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6925170&loc=d3e19207-110258

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=6957238&loc=d3e14172-108612

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 107
-Paragraph 3, 10, 14, 15
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 107
-Paragraph 15B
-Subparagraph a, b
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 157
-Paragraph 32, 33, 34
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Name: us-gaap_FairValueDisclosuresTextBlock

Namespace Prefix: us-gaap

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 31 R2.htm IDEA: XBRL DOCUMENT v2.3.0.11

Consolidated Statements of Operations (USD $)
3 Months Ended 6 Months Ended

Jul. 02, 2011

Jun. 26, 2010

Jul. 02, 2011

Jun. 26, 2010

Net sales $ 94,063,962 $ 58,894,666 $ 162,463,937 $ 104,936,936

Cost of sales 86,088,469 52,753,244 147,965,291 94,949,213

Gross profit 7,975,493 6,141,422 14,498,646 9,987,723

Selling, general and administrative expenses 6,909,473 5,555,471 13,907,437 11,073,933

Other income (393,851) (157,121) (454,604) (345,485)

Legal settlement and related costs 1,868,648 114,552 2,182,091 156,711

Operating income (loss) (408,777) 628,520 (1,136,278) (897,436)

Interest expense 452,712 342,728 732,571 836,500

Income (loss) from continuing operations before income taxes (861,489) 285,792 (1,868,849) (1,733,936)

Income tax expense 0

Income (loss) from continuing operations (861,489) 285,792 (1,868,849) (1,733,936)

Discontinued operations

Net loss (1,196,195) (162,065) (2,560,694) (2,570,473)

Other comprehensive income 3,163 135,805 6,611 241,585

Total comprehensive loss (1,193,032) (26,260) (2,554,083) (2,328,888)

Loss Per Share:

Income (loss) from continuing operations (in dollars per share) $ (0.06) $ 0.02 $ (0.13) $ (0.12)

Loss from discontinued operations (in dollars per share) $ (0.02) $ (0.03) $ (0.05) $ (0.06)

Net loss (in dollars per share) $ (0.08) $ (0.01) $ (0.18) $ (0.18)

Shares used in the computation of loss per share:

Basic (in shares) 14,590,397 14,292,955 14,471,570 14,274,747

Diluted (in shares) 14,590,397 14,292,955 14,471,570 14,274,747

Motorhome operations

Discontinued operations

Operating loss of discontinued operations (143,970) (138,766)

Oregon operations

Discontinued operations

Operating loss of discontinued operations $ (334,706) $ (303,887) $ (691,845) $ (697,771)

X

- Definition

The change in equity [net assets] of a business enterprise during a period from transactions and other events and circumstances from non-owner sources which are attributable to the reporting entity. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners, but excludes any and all transactions which are directly or indirectly attributable to that ownership interest in subsidiary equity which is not attributable to the parent.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6920043&loc=d3e540-108580

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 30
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph A5
-Appendix A

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 38
-Subparagraph c(3)
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 8, 9, 10, 11, 12, 13, 14
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Comprehensive Income
-URI http://asc.fasb.org/extlink&oid=6508144

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Net Income
-URI http://asc.fasb.org/extlink&oid=6518256

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=6920043&loc=d3e557-108580

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Other Comprehensive Income
-URI http://asc.fasb.org/extlink&oid=6519514

+ Details

Name: us-gaap_ComprehensiveIncomeNetOfTax

Namespace Prefix: us-gaap

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

Total costs related to goods produced and sold during the reporting period.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Article 5
-Section 03
-Paragraph 2

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 225
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03.2(a))
-URI http://asc.fasb.org/extlink&oid=6880815&loc=d3e20235-122688

+ Details

Name: us-gaap_CostOfGoodsSold

Namespace Prefix: us-gaap

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 55
-Paragraph 52
-URI http://asc.fasb.org/extlink&oid=6945512&loc=d3e4984-109258

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 07-4
-Paragraph 4
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Article 5
-Section 03
-Paragraph 20

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 225
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04.19)
-URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Article 7
-Paragraph 18

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 225
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-04.23)
-URI http://asc.fasb.org/extlink&oid=6879574&loc=d3e536633-122882

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 36, 37, 38
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 225
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03.21)
-URI http://asc.fasb.org/extlink&oid=6880815&loc=d3e20235-122688

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Paragraph 21
-Article 9

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6920599&loc=d3e1252-109256

+ Details

Name: us-gaap_EarningsPerShareBasic

Namespace Prefix: us-gaap

Data Type: num:perShareItemType

Balance Type: na

Period Type: duration

X

- Details

Name: us-gaap_EarningsPerShareBasicAbstract

Namespace Prefix: us-gaap

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 225
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03.1,2)
-URI http://asc.fasb.org/extlink&oid=6880815&loc=d3e20235-122688

+ Details

Name: us-gaap_GrossProfit

Namespace Prefix: us-gaap

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

Sum of operating profit and nonoperating income or expense before Income or Loss from equity method investments, income taxes, extraordinary items, and noncontrolling interest.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Article 4
-Section 08
-Paragraph h
-Subparagraph 1(i)

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(h)(1)(i))
-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

+ Details

Name: us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments

Namespace Prefix: us-gaap

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

This element represents the income or loss from continuing operations attributable to the economic entity which may also be defined as revenue less expenses and taxes from ongoing operations before extraordinary items, and noncontrolling interest.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 95
-Paragraph 28
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 29
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 45
-Paragraph 19
-URI http://asc.fasb.org/extlink&oid=6921628&loc=SL4569616-111683

+ Details

Name: us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest

Namespace Prefix: us-gaap

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

The amount of net income (loss) from continuing operations per each share of common stock or unit outstanding during the reporting period.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 225
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-04.23)
-URI http://asc.fasb.org/extlink&oid=6879574&loc=d3e536633-122882

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Article 5
-Section 03
-Paragraph 20

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Article 7
-Paragraph 18

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 07-4
-Paragraph 4
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 36, 37, 38
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 225
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04.19)
-URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 225
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03.21)
-URI http://asc.fasb.org/extlink&oid=6880815&loc=d3e20235-122688

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Paragraph 21
-Article 9

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6920599&loc=d3e1252-109256

+ Details

Name: us-gaap_IncomeLossFromContinuingOperationsPerBasicShare

Namespace Prefix: us-gaap

Data Type: num:perShareItemType

Balance Type: na

Period Type: duration

X

- Definition

This element represents the overall income (loss) from a disposal group that is classified as a component of the entity, net of income tax, reported as a separate component of income before extraordinary items before deduction or consideration of the amount which may be allocable to noncontrolling interests, if any. Includes the following (net of tax): income (loss) from operations during the phase-out period, gain (loss) on disposal, provision (or any reversals of earlier provisions) for loss on disposal, and adjustments of a prior period gain (loss) on disposal.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=6360339&loc=d3e1361-107760

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 144
-Paragraph 47
-Subparagraph c
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 29
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 225
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03.14)
-URI http://asc.fasb.org/extlink&oid=6880815&loc=d3e20235-122688

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 144
-Paragraph 43
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 225
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04.12)
-URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Paragraph 13
-Article 7

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Article 5
-Section 03
-Paragraph 15

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 45
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6892542&loc=d3e957-107759

+ Details

Name: us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax

Namespace Prefix: us-gaap

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Details

Name: us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAbstract

Namespace Prefix: us-gaap

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The amount of net income (loss) derived from discontinued operations during the period, net of related tax effect, per each share of common stock or unit outstanding during the reporting period.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 225
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-04.23)
-URI http://asc.fasb.org/extlink&oid=6879574&loc=d3e536633-122882

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Article 7
-Paragraph 18

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Paragraph 21
-Article 9

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 07-4
-Paragraph 4
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Article 5
-Section 03
-Paragraph 20

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 225
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04.19)
-URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 225
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03.21)
-URI http://asc.fasb.org/extlink&oid=6880815&loc=d3e20235-122688

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 8, 9, 10, 36, 37, 38
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6920599&loc=d3e1278-109256

+ Details

Name: us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare

Namespace Prefix: us-gaap

Data Type: num:perShareItemType

Balance Type: na

Period Type: duration

X

- Definition

The sum of the current income tax expense or benefit and the deferred income tax expense or benefit pertaining to continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Income Tax Expense (or Benefit)
-URI http://asc.fasb.org/extlink&oid=6515339

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 9
-Subparagraph (a),(b)
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 08
-Paragraph h
-Article 4

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 109
-Paragraph 45
-Subparagraph a, b
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(h))
-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

+ Details

Name: us-gaap_IncomeTaxExpenseBenefit

Namespace Prefix: us-gaap

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

The cost of borrowed funds accounted for as interest that was charged against earnings during the period.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6450988&loc=d3e26243-108391

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 225
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-04.9)
-URI http://asc.fasb.org/extlink&oid=6879574&loc=d3e536633-122882

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 34
-Paragraph 21
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Paragraph 9
-Article 9

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher OTS
-Name Federal Regulation (FR)
-Number Title 12
-Chapter V
-Section 563c.102
-Paragraph 9
-Subsection II
-LegacyDoc This is a non-GAAP reference that was included in the 2009 taxonomy. It will be removed from future versions of this taxonomy.

+ Details

Name: us-gaap_InterestExpense

Namespace Prefix: us-gaap

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

The amount of expense provided in the period for legal costs incurred on or before the balance sheet date pertaining to resolved, pending or threatened litigation, including arbitration and mediation proceedings.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 5
-Paragraph 9
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 225
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03.3)
-URI http://asc.fasb.org/extlink&oid=6880815&loc=d3e20235-122688

+ Details

Name: us-gaap_LegalFees

Namespace Prefix: us-gaap

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

The net result for the period of deducting operating expenses from operating revenues.

+ Details

Name: us-gaap_OperatingIncomeLoss

Namespace Prefix: us-gaap

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

This element represents Other Comprehensive Income or Loss, Net of Tax, for the period. Includes deferred gains or losses on qualifying hedges, unrealized holding gains or losses on available-for-sale securities, minimum pension liability, and cumulative translation adjustment. While for technical reasons this element has no balance attribute, the default assumption is a credit balance consistent with its label.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 130
-Paragraph 22, 23, 24, 25
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 12
-Paragraph 10
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=6920043&loc=d3e599-108580

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 31
-Article 5

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Article 3

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 38
-Subparagraph c(3)
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Name: us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease

Namespace Prefix: us-gaap

Data Type: xbrli:monetaryItemType

Balance Type: na

Period Type: duration

X

- Definition

The total amount of other operating income, the components of which are not separately disclosed on the income statement, from items that are associated with the entity's normal revenue producing operation.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 225
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03.1)
-URI http://asc.fasb.org/extlink&oid=6880815&loc=d3e20235-122688

+ Details

Name: us-gaap_OtherOperatingIncome

Namespace Prefix: us-gaap

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 55
-Paragraph 4J
-URI http://asc.fasb.org/extlink&oid=6922042&loc=SL4591551-111686

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 38
-Subparagraph a
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph A1, A4, A5
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 38
-Subparagraph c(1)
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 29
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 50
-Paragraph 1A
-Subparagraph (a),(c)
-URI http://asc.fasb.org/extlink&oid=6921930&loc=SL4573702-111684

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 55
-Paragraph 4K
-URI http://asc.fasb.org/extlink&oid=6922042&loc=SL4591552-111686

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 5
-Subparagraph b
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 45
-Paragraph 19
-URI http://asc.fasb.org/extlink&oid=6921628&loc=SL4569616-111683

+ Details

Name: us-gaap_ProfitLoss

Namespace Prefix: us-gaap

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

Total revenue from sale of goods and services rendered during the reporting period, in the normal course of business, reduced by sales returns and allowances, and sales discounts.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Article 5
-Section 03
-Paragraph 1

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 225
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03.1)
-URI http://asc.fasb.org/extlink&oid=6880815&loc=d3e20235-122688

+ Details

Name: us-gaap_SalesRevenueNet

Namespace Prefix: us-gaap

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 43
-Chapter 4
-Paragraph 5A
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Article 5
-Section 03
-Paragraph 4

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 225
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03.4)
-URI http://asc.fasb.org/extlink&oid=6880815&loc=d3e20235-122688

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 330
-SubTopic 10
-Section 30
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=6386349&loc=d3e3636-108311

+ Details

Name: us-gaap_SellingGeneralAndAdministrativeExpense

Namespace Prefix: us-gaap

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 16
-URI http://asc.fasb.org/extlink&oid=6920599&loc=d3e1505-109256

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 07-4
-Paragraph 4
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 40
-Subparagraph a
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 8
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

+ Details

Name: us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding

Namespace Prefix: us-gaap

Data Type: xbrli:sharesItemType

Balance Type: na

Period Type: duration

X

- Details

Name: us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract

Namespace Prefix: us-gaap

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=6920599&loc=d3e1448-109256

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 171
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Weighted-Average Number of Common Shares Outstanding
-URI http://asc.fasb.org/extlink&oid=6528421

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 40
-Subparagraph a
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 8
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 07-4
-Paragraph 4
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Name: us-gaap_WeightedAverageNumberOfSharesOutstandingBasic

Namespace Prefix: us-gaap

Data Type: xbrli:sharesItemType

Balance Type: na

Period Type: duration

XML 32 FilingSummary.xml IDEA: XBRL DOCUMENT 2.3.0.11 Html 16 78 1 false 4 0 false 3 true false R1.htm 0010 - Statement - Consolidated Balance Sheets Sheet http://www.supremeind.com/role/BalanceSheet Consolidated Balance Sheets false false R2.htm 0020 - Statement - Consolidated Statements of Operations Sheet http://www.supremeind.com/role/StatementOfIncome Consolidated Statements of Operations false false R3.htm 0030 - Statement - Consolidated Statements of Cash Flows Sheet http://www.supremeind.com/role/CashFlows Consolidated Statements of Cash Flows false false R4.htm 1010 - Disclosure - BASIS OF PRESENTATION AND OPINION OF MANAGEMENT Sheet http://www.supremeind.com/role/DisclosureBasisOfPresentationAndOpinionOfManagement BASIS OF PRESENTATION AND OPINION OF MANAGEMENT false false R5.htm 1020 - Disclosure - DISCONTINUED OPERATIONS Sheet http://www.supremeind.com/role/DisclosureDiscontinuedOperations DISCONTINUED OPERATIONS false false R6.htm 1030 - Disclosure - INVENTORIES Sheet http://www.supremeind.com/role/DisclosureInventories INVENTORIES false false R7.htm 1040 - Disclosure - FAIR VALUE MEASUREMENT Sheet http://www.supremeind.com/role/DisclosureFairValueMeasurement FAIR VALUE MEASUREMENT false false R8.htm 1050 - Disclosure - REVOLVING LINE OF CREDIT Sheet http://www.supremeind.com/role/DisclosureRevolvingLineOfCredit REVOLVING LINE OF CREDIT false false R9.htm 1060 - Disclosure - LONG TERM DEBT Sheet http://www.supremeind.com/role/DisclosureLongTermDebt LONG TERM DEBT false false R10.htm 1070 - Disclosure - LOSS PER SHARE Sheet http://www.supremeind.com/role/DisclosureLossPerShare LOSS PER SHARE false false R11.htm 1080 - Disclosure - STOCK-BASED COMPENSATION Sheet http://www.supremeind.com/role/DisclosureStockBasedCompensation STOCK-BASED COMPENSATION false false R12.htm 1090 - Disclosure - LITIGATION SETTLEMENT Sheet http://www.supremeind.com/role/DisclosureLitigationSettlement LITIGATION SETTLEMENT false false R13.htm 9999 - Document - Document and Entity Information Sheet http://www.supremeind.com/role/DocumentAndEntityInformation Document and Entity Information false false All Reports Book All Reports Process Flow-Through: 0010 - Statement - Consolidated Balance Sheets Process Flow-Through: Removing column 'Jun. 26, 2010' Process Flow-Through: Removing column 'Dec. 26, 2009' Process Flow-Through: 0020 - Statement - Consolidated Statements of Operations Process Flow-Through: 0030 - Statement - Consolidated Statements of Cash Flows sts-20110702.xml sts-20110702.xsd sts-20110702_cal.xml sts-20110702_def.xml sts-20110702_lab.xml sts-20110702_pre.xml true true EXCEL 33 Financial_Report.xls IDEA: XBRL DOCUMENT begin 644 Financial_Report.xls M[[N_34E-12U697)S:6]N.B`Q+C`-"E@M1&]C=6UE;G0M5'EP93H@5V]R:V)O M;VL-"D-O;G1E;G0M5'EP93H@;75L=&EP87)T+W)E;&%T960[(&)O=6YD87)Y M/2(M+2TM/5].97AT4&%R=%\V,3%A.3DS-U]D8S@S7S1F9F)?8F1B.%]F8S(T M-C`P.#$S-&0B#0H-"E1H:7,@9&]C=6UE;G0@:7,@82!3:6YG;&4@1FEL92!7 M96(@4&%G92P@86QS;R!K;F]W;B!A'!L;W)E&UL;G,Z=CTS1")U&UL;G,Z;STS1")U&UL/@T*(#QX.D5X8V5L5V]R:V)O;VL^#0H@(#QX M.D5X8V5L5V]R:W-H965T#I%>&-E;%=O#I%>&-E;%=O#I%>&-E;%=O#I%>&-E;%=O#I7;W)K#I. M86UE/@T*("`@(#QX.E=O#I7;W)K#I.86UE M/@T*("`@(#QX.E=O#I%>&-E;%=O#I.86UE/DQ/4U-?4$527U-(05)% M/"]X.DYA;64^#0H@("`@/'@Z5V]R:W-H965T4V]U#I%>&-E;%=O#I7;W)K#I7;W)K#I7;W)K#I3 M='EL97-H965T($A2968],T0B5V]R:W-H965T3X-"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R=%\V,3%A.3DS-U]D8S@S M7S1F9F)?8F1B.%]F8S(T-C`P.#$S-&0-"D-O;G1E;G0M3&]C871I;VXZ(&9I M;&4Z+R\O0SHO-C$Q83DY,S=?9&,X,U\T9F9B7V)D8CA?9F,R-#8P,#@Q,S1D M+U=O'0O M:'1M;#L@8VAA'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$ M2P@<&QA;G0@86YD(&5Q=6EP;65N="P@;F5T/"]T9#X-"B`@ M("`@("`@/'1D(&-L87-S/3-$;G5M<#XS,BPT,36%B;&4\+W1D M/@T*("`@("`@("`\=&0@8VQA3PO=&0^#0H@("`@("`@ M(#QT9"!C;&%S3X-"CPO:'1M;#X-"@T*+2TM M+2TM/5].97AT4&%R=%\V,3%A.3DS-U]D8S@S7S1F9F)?8F1B.%]F8S(T-C`P M.#$S-&0-"D-O;G1E;G0M3&]C871I;VXZ(&9I;&4Z+R\O0SHO-C$Q83DY,S=? M9&,X,U\T9F9B7V)D8CA?9F,R-#8P,#@Q,S1D+U=O'0O:'1M;#L@8VAA7!E(&-O;G1E;G0],T0G=&5X="]H=&UL.R!C:&%R M&5S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S M/3-$;G5M/B@X-C$L-#@Y*3QS<&%N/CPO"!E>'!E;G-E/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$ M;G5M<#XP/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@ M/'1R(&-L87-S/3-$'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R M(&-L87-S/3-$'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$ M3X-"CPO:'1M M;#X-"@T*+2TM+2TM/5].97AT4&%R=%\V,3%A.3DS-U]D8S@S7S1F9F)?8F1B M.%]F8S(T-C`P.#$S-&0-"D-O;G1E;G0M3&]C871I;VXZ(&9I;&4Z+R\O0SHO M-C$Q83DY,S=?9&,X,U\T9F9B7V)D8CA?9F,R-#8P,#@Q,S1D+U=O'0O:'1M;#L@8VAA MF%T:6]N/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$ M;G5M<#XQ+#DQ,2PV,#<\'!E;G-E/"]T9#X-"B`@ M("`@("`@/'1D(&-L87-S/3-$;G5M<#XS-#2P@<&QA;G0@86YD(&5Q=6EP M;65N="P@;F5T/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@R-S4L M-C(U*3QS<&%N/CPO'0^/'-P86X^/"]S<&%N/CPO=&0^ M#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^ M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$6UE;G1S(&]F(')E=F]L=FEN9R!L:6YE(&]F(&-R961I="!A M;F0@;&]N9RUT97)M(&1E8G0\+W1D/@T*("`@("`@("`\=&0@8VQA2!F M:6YA;F-I;F<@86-T:79I=&EE7!E M.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@ M/&AE860^#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M5'EP92!C M;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAAF4],T0R/DY/5$4@,2`F(S$U M,3L@0D%325,@3T8@4%)%4T5.5$%424].($%.1"!/4$E.24].($]&($U!3D%' M14U%3E0\+V9O;G0^/"]U/CPO<#X-"CQP('-T>6QE/3-$)TU!4D=)3CH@,&EN M(#!I;B`P<'0G/CQF;VYT('-T>6QE/3-$)T9/3E0M4TE:13H@,3!P=#L@1D]. M5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA;B<@6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0G/CQF M;VYT('-T>6QE/3-$)T9/3E0M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ(%1I M;65S($YE=R!2;VUA;B<@6EN9R!U;F%U M9&ET960@8V]N2!F;W(@ M82!F86ER('!R97-E;G1A=&EO;B!O9B!C;VYS;VQI9&%T960@9FEN86YC:6%L M('!O2!A8V-E<'1E9"!I;B!T:&4@56YI=&5D(%-T871EF4],T0R/B9N M8G-P.SPO9F]N=#X\+W`^#0H\<"!S='EL93TS1"=-05)'24XZ(#!I;B`P:6X@ M,'!T)SX\9F]N="!S='EL93TS1"=&3TY4+5-)6D4Z(#$P<'0[($9/3E0M1D%- M24Q9.B!4:6UEF4],T0R/E1H92!#;VUP86YY(&AA M'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQA'0^/'-P M86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S M/3-$'0^/'1A8FQE('-T>6QE/3-$)V9O;G0M3HG5&EM97,@3F5W(%)O;6%N)RQT:6UEF4] M,T0R/B9N8G-P.SPO9F]N=#X\+W`^#0H\<"!S='EL93TS1"=-05)'24XZ(#!I M;B`P:6X@,'!T)SX\9F]N="!S='EL93TS1"=&3TY4+5-)6D4Z(#$P<'0[($9/ M3E0M1D%-24Q9.B!4:6UEF4],T0R/D5F9F5C=&EV M92!$96-E;6)E2!D96-I9&5D M('1O(&-E87-E(&]P97)A=&EO;G,@870@:71S(%=O;V1B=7)N+"!/2XF;F)S<#L@5&AE($]R96=O;B!O<&5R M871I;VYS('=E28C M,30V.W,@9&5C:7-I;VX@=&\@97AI="!T:&ES('5N<')O9FET86)L92!G96]G M&ES=&EN9R!C;VUM:71M96YT2!A M;F0@97%U:7!M96YT(&%R92!C;&%S29N8G-P.S(L(#(P,3$@86YD($1E8V5M8F5R)FYB6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0G/CQF;VYT('-T M>6QE/3-$)T9/3E0M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ(%1I;65S($YE M=R!2;VUA;B<@6QE M/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0G/CQF;VYT('-T>6QE/3-$)T9/3E0M M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA;B<@65AF4],T0R/B9N8G-P.SPO9F]N=#X\+W`^#0H\=&%B;&4@6QE/3-$)U!!1$1)3D6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0G/CQB/CQF;VYT('-T>6QE/3-$ M)T9/3E0M5T5)1TA4.B!B;VQD.R!&3TY4+5-)6D4Z(#%P=#L@1D].5"U&04U) M3%DZ(%1I;65S($YE=R!2;VUA;B<@F4],T0Q/B9N8G-P.SPO M9F]N=#X\+V(^/"]P/CPO=&0^#0H\=&0@6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0[ M(%1%6%0M04Q)1TXZ(&-E;G1EF4],T0Q/B9N8G-P.SPO9F]N=#X\+V(^/"]P/CPO M=&0^#0H\=&0@6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0[(%1%6%0M04Q)1TXZ(&-E M;G1E6QE/3-$)TU!4D=)3CH@ M,&EN(#!I;B`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`@F4],T0Q/DIU;F4F;F)S<#LR-BPF M;F)S<#LR,#$P/"]F;VYT/CPO8CX\+W`^/"]T9#X-"CQT9"!S='EL93TS1"=0 M041$24Y'+5))1TA4.B`P:6X[(%!!1$1)3DF4],T0Q/B9N8G-P.SPO9F]N=#X\+V(^/"]P/CPO=&0^#0H\=&0@6QE/3-$)TU! M4D=)3CH@,&EN(#!I;B`P<'0[(%1%6%0M04Q)1TXZ(&-E;G1EF4],T0Q/B9N8G-P.SPO9F]N M=#X\+V(^/"]P/CPO=&0^#0H\=&0@6QE/3-$)TU!4D=)3CH@,&EN(#!I M;B`P<'0[(%1%6%0M04Q)1TXZ(&-E;G1E6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0[(%1%6%0M04Q)1TXZ(&-E M;G1E6QE/3-$ M)U!!1$1)3D6QE/3-$)T)/4D1%4BU224=(5#H@ M;65D:75M(&YO;F4[(%!!1$1)3D6QE/3-$)T)/4D1%4BU224=( M5#H@;65D:75M(&YO;F4[(%!!1$1)3DF4],T0R/C0V M-2PQ.3,\+V9O;G0^/"]P/CPO=&0^#0H\=&0@6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P M<'0G/CQF;VYT('-T>6QE/3-$)T9/3E0M4TE:13H@,7!T.R!&3TY4+49!34E, M63H@5&EM97,@3F5W(%)O;6%N)R!S:7IE/3-$,CXF;F)S<#L\+V9O;G0^/"]P M/CPO=&0^#0H\=&0@F4],T0R/B9N8G-P.R0\+V9O;G0^ M/"]P/CPO=&0^#0H\=&0@6QE/3-$)TU! M4D=)3CH@,&EN(#!I;B`P<'0[(%1%6%0M04Q)1TXZ(')I9VAT)R!A;&EG;CTS M1')I9VAT/CQF;VYT('-T>6QE/3-$)T9/3E0M4TE:13H@,3!P=#L@1D].5"U& M04U)3%DZ(%1I;65S($YE=R!2;VUA;B<@6QE/3-$)U!!1$1)3D6QE/3-$)T)/4D1%4BU224=(5#H@;65D:75M(&YO;F4[(%!!1$1) M3D6QE/3-$)T)/4D1%4BU224=(5#H@;65D:75M(&YO;F4[(%!! M1$1)3DF4],T0R/C,L,C@U+#@T.#PO9F]N=#X\+W`^ M/"]T9#X-"CQT9"!S='EL93TS1"=0041$24Y'+5))1TA4.B`P:6X[(%!!1$1) M3DF4],T0R/B9N8G-P.SPO9F]N=#X\+W`^/"]T9#X-"CQT9"!S='EL M93TS1"="3U)$15(M4DE'2%0Z(&UE9&EU;2!N;VYE.R!0041$24Y'+5))1TA4 M.B`P:6X[($)/4D1%4BU43U`Z(&UE9&EU;2!N;VYE.R!0041$24Y'+4Q%1E0Z M(#!I;CL@0D%#2T=23U5.1#H@(V-C965F9CL@4$%$1$E.1RU"3U143TTZ(#!I M;CL@0D]21$52+4Q%1E0Z(&UE9&EU;2!N;VYE.R!724142#H@,2XS,B4[(%!! M1$1)3D6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0G/CQF;VYT('-T>6QE M/3-$)T9/3E0M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ(%1I;65S($YE=R!2 M;VUA;B<@'0@,7!T('-O;&ED.R!0 M041$24Y'+4Q%1E0Z(#!I;CL@0D%#2T=23U5.1#H@(V-C965F9CL@4$%$1$E. M1RU"3U143TTZ(#!I;CL@0D]21$52+4Q%1E0Z(&UE9&EU;2!N;VYE.R!72414 M2#H@,3`N.30E.R!0041$24Y'+51/4#H@,&EN.R!"3U)$15(M0D]45$]-.B!M M961I=6T@;F]N92<@=F%L:6=N/3-$8F]T=&]M('=I9'1H/3-$,3`E(&)G8V]L M;W(],T0C0T-%149&/@T*/'`@6QE M/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0G/CQF;VYT('-T>6QE/3-$)T9/3E0M M4TE:13H@,7!T.R!&3TY4+49!34E,63H@5&EM97,@3F5W(%)O;6%N)R!S:7IE M/3-$,CXF;F)S<#L\+V9O;G0^/"]P/CPO=&0^/"]T6QE/3-$ M)TU!4D=)3CH@,&EN(#!I;B`P<'0G/CQF;VYT('-T>6QE/3-$)T9/3E0M4TE: M13H@,7!T.R!&3TY4+49!34E,63H@5&EM97,@3F5W(%)O;6%N)R!S:7IE/3-$ M,CXF;F)S<#L\+V9O;G0^/"]P/CPO=&0^#0H\=&0@6QE/3-$)TU!4D=)3CH@ M,&EN(#!I;B`P<'0G/CQF;VYT('-T>6QE/3-$)T9/3E0M4TE:13H@,3!P=#L@ M1D].5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA;B<@F4],T0R/B@S,S0L-S`V/"]F;VYT/CPO<#X\+W1D M/@T*/'1D('-T>6QE/3-$)U!!1$1)3DF4],T0R/BD\+V9O;G0^/"]P/CPO=&0^#0H\=&0@6QE/3-$ M)TU!4D=)3CH@,&EN(#!I;B`P<'0G/CQF;VYT('-T>6QE/3-$)T9/3E0M4TE: M13H@,3!P=#L@1D].5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA;B<@F4],T0R/B@S,#,L.#@W/"]F;VYT M/CPO<#X\+W1D/@T*/'1D('-T>6QE/3-$)U!!1$1)3DF4],T0R/BD\+V9O;G0^/"]P/CPO=&0^#0H\ M=&0@6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0G/CQF;VYT('-T>6QE/3-$ M)T9/3E0M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA M;B<@F4],T0R/B@V.3$L M.#0U/"]F;VYT/CPO<#X\+W1D/@T*/'1D('-T>6QE/3-$)U!!1$1)3DF4],T0R/BD\+V9O;G0^/"]P M/CPO=&0^#0H\=&0@6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0G/CQF;VYT M('-T>6QE/3-$)T9/3E0M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ(%1I;65S M($YE=R!2;VUA;B<@F4] M,T0R/B@V.36QE/3-$)U!! M1$1)3DF4],T0R/BD\ M+V9O;G0^/"]P/CPO=&0^/"]TF4] M,T0R/B9N8G-P.SPO9F]N=#X\+W`^/"]T9#X-"CQT9"!S='EL93TS1"=0041$ M24Y'+5))1TA4.B`P:6X[(%!!1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0[(%1% M6%0M04Q)1TXZ(')I9VAT)R!A;&EG;CTS1')I9VAT/CQF;VYT('-T>6QE/3-$ M)T9/3E0M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA M;B<@6QE/3-$)TU! M4D=)3CH@,&EN(#!I;B`P<'0G/CQF;VYT('-T>6QE/3-$)T9/3E0M4TE:13H@ M,3!P=#L@1D].5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA;B<@6QE/3-$)U!!1$1)3D6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0[(%1%6%0M04Q)1TXZ M(')I9VAT)R!A;&EG;CTS1')I9VAT/CQF;VYT('-T>6QE/3-$)T9/3E0M4TE: M13H@,3!P=#L@1D].5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA;B<@6QE/3-$)TU!4D=)3CH@,&EN M(#!I;B`P<'0G/CQF;VYT('-T>6QE/3-$)T9/3E0M4TE:13H@,3!P=#L@1D]. M5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA;B<@6QE/3-$)U!!1$1)3D6QE M/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0[(%1%6%0M04Q)1TXZ(')I9VAT)R!A M;&EG;CTS1')I9VAT/CQF;VYT('-T>6QE/3-$)T9/3E0M4TE:13H@,3!P=#L@ M1D].5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA;B<@6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0G M/CQF;VYT('-T>6QE/3-$)T9/3E0M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ M(%1I;65S($YE=R!2;VUA;B<@6QE/3-$ M)U!!1$1)3D6QE/3-$)TU!4D=) M3CH@,&EN(#!I;B`P<'0[(%1%6%0M04Q)1TXZ(')I9VAT)R!A;&EG;CTS1')I M9VAT/CQF;VYT('-T>6QE/3-$)T9/3E0M4TE:13H@,3!P=#L@1D].5"U&04U) M3%DZ(%1I;65S($YE=R!2;VUA;B<@6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0G/CQF;VYT('-T M>6QE/3-$)T9/3E0M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ(%1I;65S($YE M=R!2;VUA;B<@F4],T0R/B9N8G-P.SPO9F]N=#X\+W`^#0H\<"!S='EL M93TS1"=-05)'24XZ(#!I;B`P:6X@,'!T)SX\9F]N="!S='EL93TS1"=&3TY4 M+5-)6D4Z(#$P<'0[($9/3E0M1D%-24Q9.B!4:6UEF4],T0R/DEN('1H92!F;W5R=&@@<75A2!T97)M:6YA=&5D(&ET2!A('-I9VYI9FEC86YT(')E9'5C=&EO;B!O9B!N97<@;6]T M;W)H;VUE('-A;&5S(&]R9&5R'1R96UE;'D@=&EG:'0@8W)E9&ET M(&UA&5D(&-O6QE/3-$)T9/3E0M4TE:13H@,3!P M=#L@1D].5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA;B<@6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P M<'0G/CQF;VYT('-T>6QE/3-$)T9/3E0M4TE:13H@,3!P=#L@1D].5"U&04U) M3%DZ(%1I;65S($YE=R!2;VUA;B<@2!I;B!7:&ET92!0:6=E;VXL($UI8VAI9V%N(&ES(&-L87-S M:69I960@87,@:&5L9"!F;W(@'!E8W1E9"!T;R!B92!I;G-I9VYI9FEC86YT(&%N9"!W:6QL(&)E M(')E9FQE8W1E9"!A6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0[(%1%6%0M04Q)1TXZ(&-E;G1E MF4],T0R/B9N8G-P.SPO9F]N M=#X\+W`^#0H\=&%B;&4@6QE/3-$)U!!1$1)3D6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`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`P<'0[(%1%6%0M04Q)1TXZ(&-E;G1E6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P M<'0[(%1%6%0M04Q)1TXZ(&-E;G1E6QE/3-$)T)/4D1%4BU2 M24=(5#H@;65D:75M(&YO;F4[(%!!1$1)3D'0@,7!T('-O;&ED)R!V86QI9VX],T1B;W1T;VT@=VED=&@],T0R M,24@8V]L6QE/3-$)T9/3E0M5T5)1TA4.B!B;VQD.R!&3TY4+5-)6D4Z(#AP M=#L@1D].5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA;B<@6QE/3-$)U!!1$1)3D6QE/3-$)T9/3E0M5T5) M1TA4.B!B;VQD.R!&3TY4+5-)6D4Z(#%P=#L@1D].5"U&04U)3%DZ(%1I;65S M($YE=R!2;VUA;B<@6QE/3-$)U!!1$1)3D6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0@,3!P M=#L@5$585"U)3D1%3E0Z("TQ,'!T)SX\9F]N="!S='EL93TS1"=&3TY4+5-) M6D4Z(#$P<'0[($9/3E0M1D%-24Q9.B!4:6UEF4] M,T0R/DYE="!S86QE6QE/3-$)T)/4D1%4BU224=(5#H@;65D M:75M(&YO;F4[(%!!1$1)3D6QE/3-$)T)/4D1%4BU224=(5#H@ M;65D:75M(&YO;F4[(%!!1$1)3DF4],T0R/B8C,34Q M.SPO9F]N=#X\+W`^/"]T9#X-"CQT9"!S='EL93TS1"=0041$24Y'+5))1TA4 M.B`P:6X[(%!!1$1)3DF4],T0R/B9N8G-P.SPO9F]N=#X\+W`^/"]T M9#X-"CQT9"!S='EL93TS1"="3U)$15(M4DE'2%0Z(&UE9&EU;2!N;VYE.R!0 M041$24Y'+5))1TA4.B`P:6X[($)/4D1%4BU43U`Z(&UE9&EU;2!N;VYE.R!0 M041$24Y'+4Q%1E0Z(#!I;CL@0D%#2T=23U5.1#H@(V-C965F9CL@4$%$1$E. M1RU"3U143TTZ(#!I;CL@0D]21$52+4Q%1E0Z(&UE9&EU;2!N;VYE.R!72414 M2#H@,2XW,B4[(%!!1$1)3D6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0G M/CQF;VYT('-T>6QE/3-$)T9/3E0M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ M(%1I;65S($YE=R!2;VUA;B<@'0@ M,7!T('-O;&ED.R!0041$24Y'+4Q%1E0Z(#!I;CL@0D%#2T=23U5.1#H@(V-C M965F9CL@4$%$1$E.1RU"3U143TTZ(#!I;CL@0D]21$52+4Q%1E0Z(&UE9&EU M;2!N;VYE.R!724142#H@,3DN-#8E.R!0041$24Y'+51/4#H@,&EN.R!"3U)$ M15(M0D]45$]-.B!M961I=6T@;F]N92<@=F%L:6=N/3-$8F]T=&]M('=I9'1H M/3-$,3DE(&)G8V]L;W(],T0C0T-%149&/@T*/'`@6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0G/CQF;VYT('-T M>6QE/3-$)T9/3E0M4TE:13H@,7!T.R!&3TY4+49!34E,63H@5&EM97,@3F5W M(%)O;6%N)R!S:7IE/3-$,CXF;F)S<#L\+V9O;G0^/"]P/CPO=&0^/"]TF4],T0R/B9N8G-P.SPO9F]N=#X\+W`^/"]T9#X-"CQT9"!S='EL M93TS1"=0041$24Y'+5))1TA4.B`P:6X[(%!!1$1)3D6QE/3-$)U!! M1$1)3D6QE/3-$)TU! M4D=)3CH@,&EN(#!I;B`P<'0[(%1%6%0M04Q)1TXZ(')I9VAT)R!A;&EG;CTS M1')I9VAT/CQF;VYT('-T>6QE/3-$)T9/3E0M4TE:13H@,3!P=#L@1D].5"U& M04U)3%DZ(%1I;65S($YE=R!2;VUA;B<@6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0G M/CQF;VYT('-T>6QE/3-$)T9/3E0M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ M(%1I;65S($YE=R!2;VUA;B<@6QE/3-$)U!!1$1)3D6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0[(%1%6%0M04Q)1TXZ(')I9VAT M)R!A;&EG;CTS1')I9VAT/CQF;VYT('-T>6QE/3-$)T9/3E0M4TE:13H@,3!P M=#L@1D].5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA;B<@6QE/3-$)TU!4D=)3CH@,&EN M(#!I;B`P<'0G/CQF;VYT('-T>6QE/3-$)T9/3E0M4TE:13H@,3!P=#L@1D]. M5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA;B<@6QE/3-$)U!!1$1)3D6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P M<'0@,3!P=#L@5$585"U)3D1%3E0Z("TQ,'!T)SX\9F]N="!S='EL93TS1"=& M3TY4+5-)6D4Z(#$P<'0[($9/3E0M1D%-24Q9.B!4:6UEF4],T0R/DYE="!L;W-S/"]F;VYT/CPO<#X\+W1D/@T*/'1D('-T>6QE M/3-$)U!!1$1)3D6QE/3-$)TU!4D=) M3CH@,&EN(#!I;B`P<'0G/CQF;VYT('-T>6QE/3-$)T9/3E0M4TE:13H@,7!T M.R!&3TY4+49!34E,63H@5&EM97,@3F5W(%)O;6%N)R!S:7IE/3-$,CXF;F)S M<#L\+V9O;G0^/"]P/CPO=&0^#0H\=&0@6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0G M/CQF;VYT('-T>6QE/3-$)T9/3E0M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ M(%1I;65S($YE=R!2;VUA;B<@F4] M,T0R/B@Q-#,L.3
6QE/3-$)U!! M1$1)3DF4],T0R/BD\+V9O;G0^ M/"]P/CPO=&0^#0H\=&0@6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0G/CQF;VYT('-T M>6QE/3-$)T9/3E0M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ(%1I;65S($YE M=R!2;VUA;B<@F4],T0R/B@Q,S@L M-S8V/"]F;VYT/CPO<#X\+W1D/@T*/'1D('-T>6QE/3-$)U!!1$1)3DF4],T0R/BD\+V9O;G0^/"]P/CPO=&0^ M/"]T3X- M"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R=%\V,3%A.3DS-U]D8S@S7S1F M9F)?8F1B.%]F8S(T-C`P.#$S-&0-"D-O;G1E;G0M3&]C871I;VXZ(&9I;&4Z M+R\O0SHO-C$Q83DY,S=?9&,X,U\T9F9B7V)D8CA?9F,R-#8P,#@Q,S1D+U=O M'0O:'1M M;#L@8VAAF4Z,3!P=#L@9F]N="UF86UI;'DZ)U1I;65S($YE=R!2 M;VUA;B6QE/3-$ M)TU!4D=)3CH@,&EN(#!I;B`P<'0G/CQU/CQF;VYT('-T>6QE/3-$)T9/3E0M M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA;B<@6QE/3-$)TU!4D=) M3CH@,&EN(#!I;B`P<'0G/CQF;VYT('-T>6QE/3-$)T9/3E0M4TE:13H@,3!P M=#L@1D].5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA;B<@6QE/3-$)U!!1$1)3D6QE/3-$)T9/3E0M5T5)1TA4 M.B!B;VQD.R!&3TY4+5-)6D4Z(#%P=#L@1D].5"U&04U)3%DZ(%1I;65S($YE M=R!2;VUA;B<@6QE/3-$)T9/3E0M5T5)1TA4.B!B;VQD.R!&3TY4+5-)6D4Z(#AP=#L@ M1D].5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA;B<@29N M8G-P.S(L/"]F;VYT/CPO8CX\+W`^/"]T9#X-"CQT9"!S='EL93TS1"=0041$ M24Y'+5))1TA4.B`P:6X[(%!!1$1)3DF4],T0Q/B9N8G-P.SPO9F]N=#X\+V(^/"]P/CPO=&0^#0H\=&0@F4],T0Q/D1E8V5M8F5R)FYBF4],T0Q M/B9N8G-P.SPO9F]N=#X\+V(^/"]P/CPO=&0^/"]TF4],T0Q/B9N8G-P.SPO9F]N=#X\+V(^ M/"]P/CPO=&0^#0H\=&0@6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0[(%1% M6%0M04Q)1TXZ(&-E;G1E6QE/3-$)T)/4D1%4BU224=(5#H@ M;65D:75M(&YO;F4[(%!!1$1)3D'0@,7!T('-O;&ED)R!V86QI9VX],T1B;W1T;VT@=VED=&@],T0R,24@8V]L M6QE/3-$)T9/3E0M5T5)1TA4.B!B;VQD.R!&3TY4+5-)6D4Z(#AP=#L@1D]. M5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA;B<@6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P M<'0[(%1%6%0M04Q)1TXZ(&-E;G1E6QE/3-$)T)/4D1%4BU2 M24=(5#H@;65D:75M(&YO;F4[(%!!1$1)3D'0@,7!T('-O;&ED)R!V86QI9VX],T1B;W1T;VT@=VED=&@],T0R M,24@8V]L6QE/3-$)T9/3E0M5T5)1TA4.B!B;VQD.R!&3TY4+5-)6D4Z(#AP M=#L@1D].5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA;B<@6QE/3-$)TU!4D=)3CH@,&EN M(#!I;B`P<'0[(%1%6%0M04Q)1TXZ(&-E;G1EF4],T0R/B9N8G-P.SPO9F]N=#X\+W`^/"]T9#X-"CQT M9"!S='EL93TS1"="3U)$15(M4DE'2%0Z(&UE9&EU;2!N;VYE.R!0041$24Y' M+5))1TA4.B`P:6X[($)/4D1%4BU43U`Z(&UE9&EU;2!N;VYE.R!0041$24Y' M+4Q%1E0Z(#!I;CL@0D%#2T=23U5.1#H@(V-C965F9CL@4$%$1$E.1RU"3U14 M3TTZ(#!I;CL@0D]21$52+4Q%1E0Z(&UE9&EU;2!N;VYE.R!724142#H@,2XY M-"4[(%!!1$1)3D6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0G/CQF;VYT M('-T>6QE/3-$)T9/3E0M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ(%1I;65S M($YE=R!2;VUA;B<@'0@,7!T('-O M;&ED.R!0041$24Y'+4Q%1E0Z(#!I;CL@0D%#2T=23U5.1#H@(V-C965F9CL@ M4$%$1$E.1RU"3U143TTZ(#!I;CL@0D]21$52+4Q%1E0Z(&UE9&EU;2!N;VYE M.R!724142#H@,3DN,#@E.R!0041$24Y'+51/4#H@,&EN.R!"3U)$15(M0D]4 M5$]-.B!M961I=6T@;F]N92<@=F%L:6=N/3-$8F]T=&]M('=I9'1H/3-$,3DE M(&)G8V]L;W(],T0C0T-%149&/@T*/'`@6QE/3-$)U!!1$1)3D6QE M/3-$)T)/4D1%4BU224=(5#H@;65D:75M(&YO;F4[(%!!1$1)3D6QE/3-$)T)/4D1%4BU224=(5#H@;65D:75M(&YO;F4[(%!!1$1)3DF4],T0R/C$X+#DU-"PS,#,\+V9O;G0^/"]P/CPO=&0^#0H\ M=&0@6QE M/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0G/CQF;VYT('-T>6QE/3-$)T9/3E0M M4TE:13H@,7!T.R!&3TY4+49!34E,63H@5&EM97,@3F5W(%)O;6%N)R!S:7IE M/3-$,CXF;F)S<#L\+V9O;G0^/"]P/CPO=&0^/"]T6QE/3-$)U!!1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)TU!4D=)3CH@ M,&EN(#!I;B`P<'0[(%1%6%0M04Q)1TXZ(')I9VAT)R!A;&EG;CTS1')I9VAT M/CQF;VYT('-T>6QE/3-$)T9/3E0M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ M(%1I;65S($YE=R!2;VUA;B<@6QE/3-$)U!!1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0[ M(%1%6%0M04Q)1TXZ(')I9VAT)R!A;&EG;CTS1')I9VAT/CQF;VYT('-T>6QE M/3-$)T9/3E0M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ(%1I;65S($YE=R!2 M;VUA;B<@6QE/3-$)U!!1$1)3D6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0G/CQF M;VYT('-T>6QE/3-$)T9/3E0M4TE:13H@,7!T.R!&3TY4+49!34E,63H@5&EM M97,@3F5W(%)O;6%N)R!S:7IE/3-$,CXF;F)S<#L\+V9O;G0^/"]P/CPO=&0^ M#0H\=&0@6QE/3-$ M)TU!4D=)3CH@,&EN(#!I;B`P<'0[(%1%6%0M04Q)1TXZ(')I9VAT)R!A;&EG M;CTS1')I9VAT/CQF;VYT('-T>6QE/3-$)T9/3E0M4TE:13H@,3!P=#L@1D]. M5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA;B<@F4],T0R/B9N8G-P.SPO9F]N=#X\+W`^/"]T M9#X-"CQT9"!S='EL93TS1"="3U)$15(M4DE'2%0Z(&UE9&EU;2!N;VYE.R!0 M041$24Y'+5))1TA4.B`P:6X[($)/4D1%4BU43U`Z(&UE9&EU;2!N;VYE.R!0 M041$24Y'+4Q%1E0Z(#!I;CL@0D%#2T=23U5.1#H@(V-C965F9CL@4$%$1$E. M1RU"3U143TTZ(#!I;CL@0D]21$52+4Q%1E0Z(&UE9&EU;2!N;VYE.R!72414 M2#H@,C$N,#(E.R!0041$24Y'+51/4#H@,&EN.R!"3U)$15(M0D]45$]-.B!W M:6YD;W=T97AT(#%P="!S;VQI9"<@=F%L:6=N/3-$8F]T=&]M('=I9'1H/3-$ M,C$E(&)G8V]L;W(],T0C0T-%149&(&-O;'-P86X],T0R/@T*/'`@6QE/3-$)U!!1$1)3D6QE/3-$)TU! M4D=)3CH@,&EN(#!I;B`P<'0G/CQF;VYT('-T>6QE/3-$)T9/3E0M4TE:13H@ M,7!T.R!&3TY4+49!34E,63H@5&EM97,@3F5W(%)O;6%N)R!S:7IE/3-$,CXF M;F)S<#L\+V9O;G0^/"]P/CPO=&0^#0H\=&0@6QE/3-$)T)/4D1%4BU224=(5#H@;65D:75M(&YO;F4[(%!!1$1) M3D'0@,BXR-7!T M(&1O=6)L92<@=F%L:6=N/3-$8F]T=&]M('=I9'1H/3-$,3DE/@T*/'`@6QE/3-$)U!!1$1)3D6QE/3-$)T)/4D1%4BU224=(5#H@;65D M:75M(&YO;F4[(%!!1$1)3D6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0G/CQF;VYT('-T>6QE/3-$ M)T9/3E0M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA M;B<@'0@,7!T('-O;&ED.R!0041$ M24Y'+4Q%1E0Z(#!I;CL@4$%$1$E.1RU"3U143TTZ(#!I;CL@0D]21$52+4Q% M1E0Z(&UE9&EU;2!N;VYE.R!724142#H@,3DN,#@E.R!0041$24Y'+51/4#H@ M,&EN.R!"3U)$15(M0D]45$]-.B!W:6YD;W=T97AT(#(N,C5P="!D;W5B;&4G M('9A;&EG;CTS1&)O='1O;2!W:61T:#TS1#$Y)3X-"CQP('-T>6QE/3-$)TU! M4D=)3CH@,&EN(#!I;B`P<'0[(%1%6%0M04Q)1TXZ(')I9VAT)R!A;&EG;CTS M1')I9VAT/CQF;VYT('-T>6QE/3-$)T9/3E0M4TE:13H@,3!P=#L@1D].5"U& M04U)3%DZ(%1I;65S($YE=R!2;VUA;B<@F4],T0R/B9N8G-P.SPO9F]N=#X\+W`^ M/"]T9#X\+W1R/CPO=&%B;&4^/"]T9#X\+W1R/CPO=&%B;&4^#0H\'0O:F%V87-C3X- M"B`@("`\=&%B;&4@8VQA'0^/'1A8FQE('-T>6QE/3-$)V9O M;G0M3HG5&EM97,@3F5W(%)O;6%N)RQT M:6UE6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0G/CQF;VYT M('-T>6QE/3-$)T9/3E0M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ(%1I;65S M($YE=R!2;VUA;B<@6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0G/CQF;VYT('-T>6QE/3-$)T9/ M3E0M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA;B<@ M2!W:&EC:"!R97%U M:7)EF4@=&AE('5S92!O9B!O8G-EF4@=&AE('5S92!O9B!U;F]B2!B92!U6QE/3-$)TU!4D=)3CH@,&EN M(#!I;B`P<'0@,"XU:6XG/CQF;VYT('-T>6QE/3-$)T9/3E0M4TE:13H@,3!P M=#L@1D].5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA;B<@6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P M<'0@,"XU:6XG/CQF;VYT('-T>6QE/3-$)T9/3E0M4TE:13H@,3!P=#L@1D]. M5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA;B<@6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0[(%1%6%0M04Q)1TXZ M(&-E;G1E2!U6QE/3-$)TU!4D=)3CH@,&EN(#!I M;B`P<'0[(%1%6%0M04Q)1TXZ(&-E;G1E2!O8G1A:6YI;F<@<75O=&5D('!R:6-E&-H86YG97,@*$QE=F5L M(#$@:6YP=71S*2X\+V9O;G0^/"]P/@T*/'`@2!S:&]R="!M871U29N8G-P.S(L(#(P,3$@ M86YD($1E8V5M8F5R)FYB3X-"CPO:'1M M;#X-"@T*+2TM+2TM/5].97AT4&%R=%\V,3%A.3DS-U]D8S@S7S1F9F)?8F1B M.%]F8S(T-C`P.#$S-&0-"D-O;G1E;G0M3&]C871I;VXZ(&9I;&4Z+R\O0SHO M-C$Q83DY,S=?9&,X,U\T9F9B7V)D8CA?9F,R-#8P,#@Q,S1D+U=O'0O:'1M;#L@8VAA M'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@ M("`@/'1R(&-L87-S/3-$F4Z,3!P=#L@9F]N="UF86UI;'DZ)U1I;65S($YE=R!2;VUA;B6QE/3-$)TU!4D=)3CH@,&EN M(#!I;B`P<'0G/CQU/CQF;VYT('-T>6QE/3-$)T9/3E0M4TE:13H@,3!P=#L@ M1D].5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA;B<@6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0G/CQF;VYT('-T M>6QE/3-$)T9/3E0M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ(%1I;65S($YE M=R!2;VUA;B<@6QE M/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0G/CQF;VYT('-T>6QE/3-$)T9/3E0M M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA;B<@6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0G/CQF M;VYT('-T>6QE/3-$)T9/3E0M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ(%1I M;65S($YE=R!2;VUA;B<@6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0[(%1%6%0M24Y$14Y4.B`S M<'0G/CQF;VYT('-T>6QE/3-$)T9/3E0M4TE:13H@,3!P=#L@1D].5"U&04U) M3%DZ(%1I;65S($YE=R!2;VUA;B<@6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0[ M(%1%6%0M24Y$14Y4.B`S<'0G/CQF;VYT('-T>6QE/3-$)T9/3E0M4TE:13H@ M,3!P=#L@1D].5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA;B<@6QE/3-$)TU!4D=)3CH@,&EN(#!I M;B`P<'0G/CQF;VYT('-T>6QE/3-$)T9/3E0M4TE:13H@,3!P=#L@1D].5"U& M04U)3%DZ(%1I;65S($YE=R!2;VUA;B<@F4],T0R/B9N8G-P M.SPO9F]N=#X\+W`^#0H\<"!S='EL93TS1"=-05)'24XZ(#!I;B`P:6X@,'!T M)SX\9F]N="!S='EL93TS1"=&3TY4+5-)6D4Z(#$P<'0[($9/3E0M1D%-24Q9 M.B!4:6UEF4],T0R/E5N9&5R('1H92!&:7)S="!! M;65N9&UE;G0L('1H92!M:6YI;75M('1A;F=I8FQE(&YE="!W;W)T:"!R97%U M:7)E;65N=',@86YD('1H92!M:6YI;75M($5"251$02!R97%U:7)E;65N=',F M;F)S<#MW97)E/"]F;VYT/CQF;VYT('-T>6QE/3-$)T9/3E0M4TE:13H@,3!P M="<@29N8G-P.S(L(#(P,3$N M/"]F;VYT/CPO<#X-"CQP('-T>6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0G M/CQF;VYT('-T>6QE/3-$)T9/3E0M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ M(%1I;65S($YE=R!2;VUA;B<@6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0G/CQF;VYT('-T>6QE M/3-$)T9/3E0M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ(%1I;65S($YE=R!2 M;VUA;B<@6UE;G0@9G)O;2!A(')E<75I28C M,30V.W,@0V%L:69O&-E2!V:6]L871I M;VYS(&]F('-U8V@@861D:71I;VYA;"!E=F5N=',@;V8@9&5F875L="!W97)E M('=A:79E9"!P=7)S=6%N="!T;R!T:&4@=&5R;7,@;V8@=&AE(%-E8V]N9"!A M;F0@5&AI6QE/3-$)TU!4D=)3CH@,&EN M(#!I;B`P<'0G/CQF;VYT('-T>6QE/3-$)T9/3E0M4TE:13H@,3!P=#L@1D]. M5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA;B<@6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0G/CQF M;VYT('-T>6QE/3-$)T9/3E0M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ(%1I M;65S($YE=R!2;VUA;B<@2!#;VUP86YY("@F(S$T-SMA(')E;&%T960@<&%R='DF(S$T.#LI("@F M(S$T-SM0=7)C:&%S97(F(S$T.#LI("AT:&4@)B,Q-#<[4V%L92!,96%S96)A M8VL@5')A;G-A8W1I;VXF(S$T.#LI+CPO9F]N=#X\+W`^#0H\<"!S='EL93TS M1"=-05)'24XZ(#!I;B`P:6X@,'!T)SX\9F]N="!S='EL93TS1"=&3TY4+5-) M6D4Z(#$P<'0[($9/3E0M1D%-24Q9.B!4:6UEF4] M,T0R/B9N8G-P.SPO9F]N=#X\+W`^#0H\<"!S='EL93TS1"=-05)'24XZ(#!I M;B`P:6X@,'!T)SX\9F]N="!S='EL93TS1"=&3TY4+5-)6D4Z(#$P<'0[($9/ M3E0M1D%-24Q9.B!4:6UEF4],T0R/DEN(&-O;FYE M8W1I;VX@=VET:"!T:&4@4V%L92!,96%S96)A8VL@5')A;G-A8W1I;VXL($QE M;F1E29N8G-P.S(L(#(P,3$@=&\@36%Y)FYB6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0G/CQF;VYT('-T M>6QE/3-$)T9/3E0M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ(%1I;65S($YE M=R!2;VUA;B<@6QE M/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0G/CQF;VYT('-T>6QE/3-$)T9/3E0M M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA;B<@2!A;F0@ M:71S('-U8G-I9&EA2!S=6-H M(%-E='1L96UE;G0@06=R965M96YT('=I=&@@=&AE($-R961I="!!9W)E96UE M;G0F(S$T-CMS("9N8G-P.R0R-3`L,#`P(&-A<"!O;B!S971T;&5M96YT2!B92!R961U8V5D('1O("9N M8G-P.R0Q-BPU-C`L,#`P+B9N8G-P.R!4:&4@F4],T0R/B9N8G-P.SPO9F]N=#X\+W`^#0H\<"!S='EL93TS1"=-05)' M24XZ(#!I;B`P:6X@,'!T)SX\9F]N="!S='EL93TS1"=&3TY4+5-)6D4Z(#$P M<'0[($9/3E0M1D%-24Q9.B!4:6UEF4],T0R/D%S M(&]F($IU;'DF;F)S<#LR+"`R,#$Q+"!T:&4@;W5T&EM871E;'D@)FYB28C,30V.W,@;&5V97)A9V4@'0O:F%V87-C3X- M"B`@("`\=&%B;&4@8VQA'0^ M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L M87-S/3-$'0^/'1A8FQE('-T>6QE/3-$)V9O;G0M3HG5&EM97,@3F5W(%)O;6%N)RQT:6UEF4],T0R/B9N8G-P.SPO9F]N M=#X\+W`^#0H\<"!S='EL93TS1"=-05)'24XZ(#!I;B`P:6X@,'!T)SX\9F]N M="!S='EL93TS1"=&3TY4+5-)6D4Z(#$P<'0[($9/3E0M1D%-24Q9.B!4:6UE MF4],T0R/D]N($UA2!W:&EC:"!I2!- M97-S2P@=&AE M(')I9VAT('1O('!U2XF;F)S<#L@26X@8V]N;F5C=&EO;B!W:71H M('1H92!386QE($QE87-E8F%C:R!42!A('1H:7)D M('!AF4],T0R/B9N8G-P.SPO9F]N=#X\ M+W`^#0H\<"!S='EL93TS1"=-05)'24XZ(#!I;B`P:6X@,'!T)SX\9F]N="!S M='EL93TS1"=&3TY4+5-)6D4Z(#$P<'0[($9/3E0M1D%-24Q9.B!4:6UEF4],T0R/DEN(&%C8V]R9&%N8V4@=VET:"!T:&4@3W!T M:6]N($%G2!T:&%T M(&-EF4],T0R/D-A;&EF;W)N:6$@4F5A;"!%6QE/3-$ M)TU!4D=)3CH@,&EN(#!I;B`P<'0G/CQF;VYT('-T>6QE/3-$)T9/3E0M4TE: M13H@,3!P=#L@1D].5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA;B<@6QE/3-$)TU!4D=)3CH@,&EN M(#!I;B`P<'0G/CQF;VYT('-T>6QE/3-$)T9/3E0M4TE:13H@,3!P=#L@1D]. M5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA;B<@'!IF4],T0R/B9N8G-P.SPO M9F]N=#X\+W`^#0H\<"!S='EL93TS1"=-05)'24XZ(#!I;B`P:6X@,'!T)SX\ M9F]N="!S='EL93TS1"=&3TY4+5-)6D4Z(#$P<'0[($9/3E0M1D%-24Q9.B!4 M:6UEF4],T0R/D1U92!T;R!T:&4@0V]M<&%N>28C M,30V.W,@8V]N=&EN=6EN9R!I;G9O;'9E;65N="!I;B!T:&4@0V%L:69O2!I;G1E MF4],T0R/B9N8G-P.SPO9F]N=#X\ M+W`^#0H\<"!S='EL93TS1"=-05)'24XZ(#!I;B`P:6X@,'!T)SX\9F]N="!S M='EL93TS1"=&3TY4+5-)6D4Z(#$P<'0[($9/3E0M1D%-24Q9.B!4:6UEF4],T0R/E1H92!O=71S=&%N9&EN9R!P29N8G-P.S(L(#(P,3$N/"]F;VYT/CPO<#X\ M+W1D/CPO='(^/"]T86)L93X-"CQS<&%N/CPO7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S M+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE M<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA MF4],T0R M/DY/5$4@-R`F(S$U,3L@3$]34R!015(@4TA!4D4\+V9O;G0^/"]U/CPO<#X- M"CQP('-T>6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0G/CQF;VYT('-T>6QE M/3-$)T9/3E0M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ(%1I;65S($YE=R!2 M;VUA;B<@6QE/3-$ M)TU!4D=)3CH@,&EN(#!I;B`P<'0G/CQF;VYT('-T>6QE/3-$)T9/3E0M4TE: M13H@,3!P=#L@1D].5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA;B<@&5R8VES M92!O"UM;VYT:"!P97)I;V1S(&5N9&EN9R!*=6QY)FYB3X-"CPO:'1M;#X- M"@T*+2TM+2TM/5].97AT4&%R=%\V,3%A.3DS-U]D8S@S7S1F9F)?8F1B.%]F M8S(T-C`P.#$S-&0-"D-O;G1E;G0M3&]C871I;VXZ(&9I;&4Z+R\O0SHO-C$Q M83DY,S=?9&,X,U\T9F9B7V)D8CA?9F,R-#8P,#@Q,S1D+U=O'0O:'1M;#L@8VAA'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@ M/'1R(&-L87-S/3-$F4Z M,3!P=#L@9F]N="UF86UI;'DZ)U1I;65S($YE=R!2;VUA;B6QE/3-$)TU!4D=)3CH@,&EN(#!I M;B`P<'0G/CQU/CQF;VYT('-T>6QE/3-$)T9/3E0M4TE:13H@,3!P=#L@1D]. M5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA;B<@6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0G/CQF;VYT('-T>6QE M/3-$)T9/3E0M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ(%1I;65S($YE=R!2 M;VUA;B<@6QE/3-$ M)TU!4D=)3CH@,&EN(#!I;B`P<'0G/CQF;VYT('-T>6QE/3-$)T9/3E0M4TE: M13H@,3!P=#L@1D].5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA;B<@F5S('1H92!A8W1I=FET M>2!F;W(@=&AE('5N=F5S=&5D(')EF4],T0R/B9N M8G-P.SPO9F]N=#X\+W`^#0H\=&%B;&4@6QE/3-$)U!!1$1)3D6QE/3-$)TU!4D=)3CH@ M,&EN(#!I;B`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`P<'0G M/CQB/CQF;VYT('-T>6QE/3-$)T9/3E0M5T5)1TA4.B!B;VQD.R!&3TY4+5-) M6D4Z(#%P=#L@1D].5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA;B<@6QE/3-$)T9/3E0M5T5)1TA4.B!B;VQD.R!& M3TY4+5-)6D4Z(#%P=#L@1D].5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA;B<@ M6QE/3-$)T9/3E0M5T5)1TA4 M.B!B;VQD.R!&3TY4+5-)6D4Z(#AP=#L@1D].5"U&04U)3%DZ(%1I;65S($YE M=R!2;VUA;B<@6QE/3-$)U!!1$1)3D6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0[(%1%6%0M M04Q)1TXZ(&-E;G1E6QE/3-$)U!!1$1)3D6QE/3-$)TU!4D=) M3CH@,&EN(#!I;B`P<'0[(%1%6%0M04Q)1TXZ(&-E;G1E6QE/3-$)U!!1$1)3D6QE/3-$)T9/3E0M M5T5)1TA4.B!B;VQD.R!&3TY4+5-)6D4Z(#%P=#L@1D].5"U&04U)3%DZ(%1I M;65S($YE=R!2;VUA;B<@6QE/3-$)U!!1$1)3D6QE/3-$)TU!4D=)3CH@,&EN(#!I M;B`P<'0G/CQB/CQF;VYT('-T>6QE/3-$)T9/3E0M5T5)1TA4.B!B;VQD.R!& M3TY4+5-)6D4Z(#%P=#L@1D].5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA;B<@ M6QE/3-$)T9/3E0M5T5)1TA4.B!B M;VQD.R!&3TY4+5-)6D4Z(#%P=#L@1D].5"U&04U)3%DZ(%1I;65S($YE=R!2 M;VUA;B<@F4] M,T0Q/E-H87)EF4],T0Q/B9N8G-P.SPO9F]N=#X\+V(^/"]P/CPO=&0^#0H\=&0@6QE/3-$)TU! M4D=)3CH@,&EN(#!I;B`P<'0[(%1%6%0M04Q)1TXZ(&-E;G1E6QE/3-$)U!!1$1)3D6QE/3-$)T9/ M3E0M5T5)1TA4.B!B;VQD.R!&3TY4+5-)6D4Z(#%P=#L@1D].5"U&04U)3%DZ M(%1I;65S($YE=R!2;VUA;B<@6QE/3-$)U!!1$1)3D6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P M<'0@,3!P=#L@5$585"U)3D1%3E0Z("TQ,'!T)SX\9F]N="!S='EL93TS1"=& M3TY4+5-)6D4Z(#$P<'0[($9/3E0M1D%-24Q9.B!4:6UEF4],T0R/E5N=F5S=&5D+"!$96-E;6)E6QE/3-$)U!!1$1)3D6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0G/CQF;VYT M('-T>6QE/3-$)T9/3E0M4TE:13H@,7!T.R!&3TY4+49!34E,63H@5&EM97,@ M3F5W(%)O;6%N)R!S:7IE/3-$,CXF;F)S<#L\+V9O;G0^/"]P/CPO=&0^#0H\ M=&0@6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0[(%1% M6%0M04Q)1TXZ(')I9VAT)R!A;&EG;CTS1')I9VAT/CQF;VYT('-T>6QE/3-$ M)T9/3E0M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA M;B<@6QE M/3-$)U!!1$1)3D6QE/3-$)TU!4D=) M3CH@,&EN(#!I;B`P<'0G/CQF;VYT('-T>6QE/3-$)T9/3E0M4TE:13H@,7!T M.R!&3TY4+49!34E,63H@5&EM97,@3F5W(%)O;6%N)R!S:7IE/3-$,CXF;F)S M<#L\+V9O;G0^/"]P/CPO=&0^#0H\=&0@F4],T0R/B9N M8G-P.R0\+V9O;G0^/"]P/CPO=&0^#0H\=&0@6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0[(%1%6%0M04Q)1TXZ(')I M9VAT)R!A;&EG;CTS1')I9VAT/CQF;VYT('-T>6QE/3-$)T9/3E0M4TE:13H@ M,3!P=#L@1D].5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA;B<@F4],T0R/B9N8G-P.SPO9F]N=#X\+W`^ M/"]T9#X\+W1R/@T*/'1R/@T*/'1D('-T>6QE/3-$)U!!1$1)3D6QE/3-$)TU!4D=)3CH@,&EN(#!I M;B`P<'0@,C!P=#L@5$585"U)3D1%3E0Z("TQ,'!T)SX\9F]N="!S='EL93TS M1"=&3TY4+5-)6D4Z(#$P<'0[($9/3E0M1D%-24Q9.B!4:6UEF4],T0R/D=R86YT960\+V9O;G0^/"]P/CPO=&0^#0H\=&0@F4] M,T0R/B9N8G-P.SPO9F]N=#X\+W`^/"]T9#X-"CQT9"!S='EL93TS1"=0041$ M24Y'+5))1TA4.B`P:6X[(%!!1$1)3DF4],T0R/B8C,34Q.SPO9F]N=#X\ M+W`^/"]T9#X-"CQT9"!S='EL93TS1"=0041$24Y'+5))1TA4.B`P:6X[(%!! M1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0[ M(%1%6%0M04Q)1TXZ(')I9VAT)R!A;&EG;CTS1')I9VAT/CQF;VYT('-T>6QE M/3-$)T9/3E0M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ(%1I;65S($YE=R!2 M;VUA;B<@6QE M/3-$)U!!1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0G/CQF;VYT('-T>6QE/3-$ M)T9/3E0M4TE:13H@,7!T.R!&3TY4+49!34E,63H@5&EM97,@3F5W(%)O;6%N M)R!S:7IE/3-$,CXF;F)S<#L\+V9O;G0^/"]P/CPO=&0^#0H\=&0@6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0[(%1% M6%0M04Q)1TXZ(')I9VAT)R!A;&EG;CTS1')I9VAT/CQF;VYT('-T>6QE/3-$ M)T9/3E0M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA M;B<@6QE/3-$)U!!1$1)3D6QE/3-$)TU!4D=) M3CH@,&EN(#!I;B`P<'0[(%1%6%0M04Q)1TXZ(')I9VAT)R!A;&EG;CTS1')I M9VAT/CQF;VYT('-T>6QE/3-$)T9/3E0M4TE:13H@,3!P=#L@1D].5"U&04U) M3%DZ(%1I;65S($YE=R!2;VUA;B<@F4],T0R/B9N8G-P.SPO9F]N=#X\+W`^/"]T9#X\+W1R/@T*/'1R M/@T*/'1D('-T>6QE/3-$)U!!1$1)3D6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0@,3!P=#L@5$58 M5"U)3D1%3E0Z("TQ,'!T)SX\9F]N="!S='EL93TS1"=&3TY4+5-)6D4Z(#$P M<'0[($9/3E0M1D%-24Q9.B!4:6UEF4],T0R/E5N M=F5S=&5D+"!*=6QY)FYB6QE/3-$ M)T)/4D1%4BU224=(5#H@;65D:75M(&YO;F4[(%!!1$1)3D'0@,BXR-7!T(&1O=6)L92<@=F%L:6=N/3-$8F]T M=&]M('=I9'1H/3-$,34E/@T*/'`@6QE/3-$ M)U!!1$1)3DF4],T0R M/B9N8G-P.R0\+V9O;G0^/"]P/CPO=&0^#0H\=&0@6QE/3-$)U!!1$1)3D6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0G/CQF M;VYT('-T>6QE/3-$)T9/3E0M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ(%1I M;65S($YE=R!2;VUA;B<@6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0G/CQF;VYT('-T>6QE/3-$ M)T9/3E0M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA M;B<@F4],T0R/B9N8G-P.SPO9F]N=#X\+W`^#0H\<"!S='EL93TS1"=-05)' M24XZ(#!I;B`P:6X@,'!T)SX\9F]N="!S='EL93TS1"=&3TY4+5-)6D4Z(#$P M<'0[($9/3E0M1D%-24Q9.B!4:6UEF4],T0R/D$@ M2!O9B!T:&4@"!M;VYT:',@96YD960@ M2G5L>29N8G-P.S(L(#(P,3$L(&%R92!A6QE/3-$)TU!4D=)3BU,1494.B`U M+C6QE/3-$)U!!1$1)3D6QE/3-$)TU!4D=)3CH@,&EN M(#!I;B`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`P<'0G/CQB/CQF;VYT('-T>6QE/3-$)T9/3E0M5T5)1TA4.B!B;VQD.R!& M3TY4+5-)6D4Z(#%P=#L@1D].5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA;B<@ M6QE/3-$)T9/3E0M5T5)1TA4.B!B M;VQD.R!&3TY4+5-)6D4Z(#%P=#L@1D].5"U&04U)3%DZ(%1I;65S($YE=R!2 M;VUA;B<@6QE/3-$)T9/3E0M M5T5)1TA4.B!B;VQD.R!&3TY4+5-)6D4Z(#%P=#L@1D].5"U&04U)3%DZ(%1I M;65S($YE=R!2;VUA;B<@6QE/3-$ M)T9/3E0M5T5)1TA4.B!B;VQD.R!&3TY4+5-)6D4Z(#%P=#L@1D].5"U&04U) M3%DZ(%1I;65S($YE=R!2;VUA;B<@6QE/3-$)T9/3E0M5T5)1TA4.B!B;VQD.R!&3TY4 M+5-)6D4Z(#AP=#L@1D].5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA;B<@F4],T0Q/B9N8G-P.SPO9F]N=#X\+V(^/"]P/CPO=&0^/"]TF4],T0Q/B9N M8G-P.SPO9F]N=#X\+V(^/"]P/CPO=&0^#0H\=&0@F4] M,T0Q/B9N8G-P.SPO9F]N=#X\+V(^/"]P/CPO=&0^#0H\=&0@F4],T0Q/DYU;6)E6QE/3-$)T9/ M3E0M5T5)1TA4.B!B;VQD.R!&3TY4+5-)6D4Z(#%P=#L@1D].5"U&04U)3%DZ M(%1I;65S($YE=R!2;VUA;B<@6QE/3-$)T9/3E0M5T5)1TA4.B!B;VQD.R!&3TY4+5-) M6D4Z(#AP=#L@1D].5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA;B<@6QE/3-$ M)U!!1$1)3D6QE/3-$)TU! M4D=)3CH@,&EN(#!I;B`P<'0[(%1%6%0M04Q)1TXZ(&-E;G1E6QE/3-$)U!!1$1)3D6QE/3-$)TU!4D=)3CH@,&EN M(#!I;B`P<'0[(%1%6%0M04Q)1TXZ(&-E;G1E6QE/3-$)T)/ M4D1%4BU224=(5#H@;65D:75M(&YO;F4[(%!!1$1)3D'0@,7!T('-O;&ED)R!V86QI9VX],T1B;W1T;VT@=VED M=&@],T0Q-24^#0H\<"!S='EL93TS1"=-05)'24XZ(#!I;B`P:6X@,'!T.R!4 M15A4+4%,24=..B!C96YT97(G(&%L:6=N/3-$8V5N=&5R/CQB/CQF;VYT('-T M>6QE/3-$)T9/3E0M5T5)1TA4.B!B;VQD.R!&3TY4+5-)6D4Z(#AP=#L@1D]. M5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA;B<@6QE/3-$)T9/3E0M5T5)1TA4.B!B;VQD.R!&3TY4+5-)6D4Z(#%P M=#L@1D].5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA;B<@F4],T0Q/E!R M:6-E/"]F;VYT/CPO8CX\+W`^/"]T9#X-"CQT9"!S='EL93TS1"=0041$24Y' M+5))1TA4.B`P:6X[(%!!1$1)3D6QE/3-$)T9/3E0M5T5)1TA4.B!B;VQD.R!&3TY4+5-) M6D4Z(#%P=#L@1D].5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA;B<@6QE/3-$)U!!1$1)3D6QE M/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0@,3!P=#L@5$585"U)3D1%3E0Z("TQ M,'!T)SX\9F]N="!S='EL93TS1"=&3TY4+5-)6D4Z(#$P<'0[($9/3E0M1D%- M24Q9.B!4:6UEF4],T0R/D]U='-T86YD:6YG+"!$ M96-E;6)E6QE/3-$)U!!1$1)3D6QE/3-$)TU! M4D=)3CH@,&EN(#!I;B`P<'0G/CQF;VYT('-T>6QE/3-$)T9/3E0M4TE:13H@ M,7!T.R!&3TY4+49!34E,63H@5&EM97,@3F5W(%)O;6%N)R!S:7IE/3-$,CXF M;F)S<#L\+V9O;G0^/"]P/CPO=&0^#0H\=&0@6QE/3-$ M)TU!4D=)3CH@,&EN(#!I;B`P<'0[(%1%6%0M04Q)1TXZ(')I9VAT)R!A;&EG M;CTS1')I9VAT/CQF;VYT('-T>6QE/3-$)T9/3E0M4TE:13H@,3!P=#L@1D]. M5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA;B<@6QE/3-$)U!!1$1)3D6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0G/CQF M;VYT('-T>6QE/3-$)T9/3E0M4TE:13H@,7!T.R!&3TY4+49!34E,63H@5&EM M97,@3F5W(%)O;6%N)R!S:7IE/3-$,CXF;F)S<#L\+V9O;G0^/"]P/CPO=&0^ M#0H\=&0@6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0G/CQF M;VYT('-T>6QE/3-$)T9/3E0M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ(%1I M;65S($YE=R!2;VUA;B<@'0@,7!T M('-O;&ED.R!0041$24Y'+4Q%1E0Z(#!I;CL@0D%#2T=23U5.1#H@(V-C965F M9CL@4$%$1$E.1RU"3U143TTZ(#!I;CL@0D]21$52+4Q%1E0Z(&UE9&EU;2!N M;VYE.R!724142#H@,30N-3@E.R!0041$24Y'+51/4#H@,&EN.R!"3U)$15(M M0D]45$]-.B!M961I=6T@;F]N92<@=F%L:6=N/3-$8F]T=&]M('=I9'1H/3-$ M,30E(&)G8V]L;W(],T0C0T-%149&/@T*/'`@6QE/3-$)U!!1$1)3D6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0G/CQF;VYT('-T>6QE/3-$)T9/ M3E0M4TE:13H@,7!T.R!&3TY4+49!34E,63H@5&EM97,@3F5W(%)O;6%N)R!S M:7IE/3-$,CXF;F)S<#L\+V9O;G0^/"]P/CPO=&0^/"]T6QE/3-$)U!!1$1)3D6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P M<'0G/CQF;VYT('-T>6QE/3-$)T9/3E0M4TE:13H@,7!T.R!&3TY4+49!34E, M63H@5&EM97,@3F5W(%)O;6%N)R!S:7IE/3-$,CXF;F)S<#L\+V9O;G0^/"]P M/CPO=&0^#0H\=&0@F4],T0R M/B9N8G-P.SPO9F]N=#X\+W`^/"]T9#X-"CQT9"!S='EL93TS1"=0041$24Y' M+5))1TA4.B`P:6X[(%!!1$1)3DF4],T0R/FXO83PO M9F]N=#X\+W`^/"]T9#X-"CQT9"!S='EL93TS1"=0041$24Y'+5))1TA4.B`P M:6X[(%!!1$1)3D6QE/3-$ M)U!!1$1)3D6QE/3-$)TU!4D=)3CH@ M,&EN(#!I;B`P<'0G/CQF;VYT('-T>6QE/3-$)T9/3E0M4TE:13H@,7!T.R!& M3TY4+49!34E,63H@5&EM97,@3F5W(%)O;6%N)R!S:7IE/3-$,CXF;F)S<#L\ M+V9O;G0^/"]P/CPO=&0^#0H\=&0@6QE/3-$)U!!1$1)3D6QE/3-$)TU! M4D=)3CH@,&EN(#!I;B`P<'0G/CQF;VYT('-T>6QE/3-$)T9/3E0M4TE:13H@ M,3!P=#L@1D].5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA;B<@F4],T0R/C$N-#<\+V9O;G0^/"]P/CPO M=&0^#0H\=&0@F4],T0R/B9N8G-P.SPO9F]N=#X\+W`^/"]T9#X\+W1R/@T*/'1R/@T* M/'1D('-T>6QE/3-$)U!!1$1)3D6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0@,C!P=#L@5$585"U) M3D1%3E0Z("TQ,'!T)SX\9F]N="!S='EL93TS1"=&3TY4+5-)6D4Z(#$P<'0[ M($9/3E0M1D%-24Q9.B!4:6UEF4],T0R/D5X<&ER M960\+V9O;G0^/"]P/CPO=&0^#0H\=&0@F4],T0R/B9N8G-P.SPO9F]N=#X\ M+W`^/"]T9#X-"CQT9"!S='EL93TS1"=0041$24Y'+5))1TA4.B`P:6X[(%!! M1$1)3DF4],T0R/B@W+#,X-3PO9F]N=#X\+W`^/"]T9#X-"CQT9"!S='EL M93TS1"=0041$24Y'+5))1TA4.B`P:6X[(%!!1$1)3DF4] M,T0R/BD\+V9O;G0^/"]P/CPO=&0^#0H\=&0@6QE/3-$)U!!1$1)3D6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0G M/CQF;VYT('-T>6QE/3-$)T9/3E0M4TE:13H@,7!T.R!&3TY4+49!34E,63H@ M5&EM97,@3F5W(%)O;6%N)R!S:7IE/3-$,CXF;F)S<#L\+V9O;G0^/"]P/CPO M=&0^/"]TF4],T0R/B9N8G-P.SPO M9F]N=#X\+W`^/"]T9#X-"CQT9"!S='EL93TS1"="3U)$15(M4DE'2%0Z(&UE M9&EU;2!N;VYE.R!0041$24Y'+5))1TA4.B`P:6X[($)/4D1%4BU43U`Z(&UE M9&EU;2!N;VYE.R!0041$24Y'+4Q%1E0Z(#!I;CL@0D%#2T=23U5.1#H@(V-C M965F9CL@4$%$1$E.1RU"3U143TTZ(#!I;CL@0D]21$52+4Q%1E0Z(&UE9&EU M;2!N;VYE.R!724142#H@,34N.#@E.R!0041$24Y'+51/4#H@,&EN.R!"3U)$ M15(M0D]45$]-.B!W:6YD;W=T97AT(#%P="!S;VQI9"<@=F%L:6=N/3-$8F]T M=&]M('=I9'1H/3-$,34E(&)G8V]L;W(],T0C0T-%149&/@T*/'`@6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0G M/CQF;VYT('-T>6QE/3-$)T9/3E0M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ M(%1I;65S($YE=R!2;VUA;B<@F4],T0R/C$N-3$\+V9O;G0^/"]P/CPO=&0^#0H\=&0@F4],T0R/B9N8G-P.SPO M9F]N=#X\+W`^/"]T9#X\+W1R/@T*/'1R/@T*/'1D('-T>6QE/3-$)U!!1$1) M3D6QE/3-$)TU!4D=) M3CH@,&EN(#!I;B`P<'0@,3!P=#L@5$585"U)3D1%3E0Z("TQ,'!T)SX\9F]N M="!S='EL93TS1"=&3TY4+5-)6D4Z(#$P<'0[($9/3E0M1D%-24Q9.B!4:6UE MF4],T0R/D]U='-T86YD:6YG+"!*=6QY)FYB6QE/3-$)T)/4D1%4BU224=(5#H@;65D M:75M(&YO;F4[(%!!1$1)3D'0@ M,BXR-7!T(&1O=6)L92<@=F%L:6=N/3-$8F]T=&]M('=I9'1H/3-$,34E/@T* M/'`@F4],T0R/B9N8G-P M.SPO9F]N=#X\+W`^/"]T9#X-"CQT9"!S='EL93TS1"=0041$24Y'+5))1TA4 M.B`P:6X[(%!!1$1)3DF4],T0R/B9N8G-P.R0\+V9O;G0^ M/"]P/CPO=&0^#0H\=&0@6QE M/3-$)U!!1$1)3D6QE/3-$ M)TU!4D=)3CH@,&EN(#!I;B`P<'0G/CQF;VYT('-T>6QE/3-$)T9/3E0M4TE: M13H@,7!T.R!&3TY4+49!34E,63H@5&EM97,@3F5W(%)O;6%N)R!S:7IE/3-$ M,CXF;F)S<#L\+V9O;G0^/"]P/CPO=&0^/"]T2`F;F)S<#LD,SDT+#,S-"!A M;F0@:7,@=&\@8F4@'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQA'0^/'1A8FQE('-T>6QE/3-$)V9O;G0M3HG5&EM97,@3F5W(%)O;6%N)RQT:6UE2!O9B!-87)I8V]P82!A;&QE9VEN9R!BF]N82XF;F)S<#L@/"]F;VYT/CQF;VYT('-T>6QE/3-$)T9/3E0M M4TE:13H@,3!P="<@2!H87,@86X@;V)L:6=A=&EO M;B!T;R!P87D@=&\@5$%'(&$@,3`E(&-O;6UIF4],T0R/B9N8G-P.SPO9F]N=#X\+W`^#0H\<"!S='EL93TS M1"=-05)'24XZ(#!I;B`P:6X@,'!T)SX\9F]N="!S='EL93TS1"=&3TY4+5-) M6D4Z(#$P<'0[($9/3E0M1D%-24Q9.B!4:6UEF4] M,T0R/D1U92!T;R!T:&4@:6YH97)E;G0@;F%T=7)E(&]F(&QI=&EG871I;VXL M(&%N9"!T:&4@=6YC97)T86EN='D@2!A9W)E960@=&\Z("AI*2!P M87D@=&\@5$%'('1H92!C87-H('-U;2!O9B`F;F)S<#LD,2PQ,#`L,#`P("@F M;F)S<#LD-#`P+#`P,"!P86ED(&]N($UA>2`R-BP@,C`Q,2P@86YD('1H92!B M86QA;F-E(&]F("9N8G-P.R0W,#`L,#`P('!A>6%B;&4@;W9E28C,30V.W,@0VQA2`Q M-2P@,C`Q,B!F;W(@82!T;W1A;"!C;W-T(&]F("9N8G-P.R0S+#(X-"PP,#`N M)FYB2`R-2P@,C`Q,2XF;F)S<#L@56YD97(@ M=&AE('1E2!P97)I;V0L(&%N9"!T M:&4@0V]M<&%N>2!I3X-"CPO:'1M;#X- M"@T*+2TM+2TM/5].97AT4&%R=%\V,3%A.3DS-U]D8S@S7S1F9F)?8F1B.%]F M8S(T-C`P.#$S-&0-"D-O;G1E;G0M3&]C871I;VXZ(&9I;&4Z+R\O0SHO-C$Q M83DY,S=?9&,X,U\T9F9B7V)D8CA?9F,R-#8P,#@Q,S1D+U=O'0O:'1M;#L@8VAA'0^4U504D5-12!)3D15 M4U122453($E.0SQS<&%N/CPO'0^/'-P86X^/"]S<&%N M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$ M'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@ M("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@ M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0^9F%L2!#=7)R96YT(%)E<&]R=&EN9R!3=&%T=7,\+W1D M/@T*("`@("`@("`\=&0@8VQA'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@ M("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@ M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0^/'-P M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P M86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S M/3-$7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S M8VEI(@T*#0H\>&UL('AM;&YS.F\],T0B=7)N.G-C:&5M87,M;6EC

Document and Entity Information	6 Months Ended
Document and Entity Information	Jul. 02, 2011	Jul. 28, 2011 Common Class A	Jul. 28, 2011 Common Class B
Entity Registrant Name	SUPREME INDUSTRIES INC
Entity Central Index Key	0000350846
Document Type	10-Q
Document Period End Date	Jul. 02, 2011
Amendment Flag	false
Current Fiscal Year End Date	--12-25
Entity Current Reporting Status	Yes
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		13,087,104	1,716,937
Document Fiscal Year Focus	2011
Document Fiscal Period Focus	Q2

Consolidated Statements of Operations (USD $)	3 Months Ended		6 Months Ended
Consolidated Statements of Operations (USD $)	Jul. 02, 2011	Jun. 26, 2010	Jul. 02, 2011	Jun. 26, 2010
Net sales	$ 94,063,962	$ 58,894,666	$ 162,463,937	$ 104,936,936
Cost of sales	86,088,469	52,753,244	147,965,291	94,949,213
Gross profit	7,975,493	6,141,422	14,498,646	9,987,723
Selling, general and administrative expenses	6,909,473	5,555,471	13,907,437	11,073,933
Other income	(393,851)	(157,121)	(454,604)	(345,485)
Legal settlement and related costs	1,868,648	114,552	2,182,091	156,711
Operating income (loss)	(408,777)	628,520	(1,136,278)	(897,436)
Interest expense	452,712	342,728	732,571	836,500
Income (loss) from continuing operations before income taxes	(861,489)	285,792	(1,868,849)	(1,733,936)
Income tax expense	0
Income (loss) from continuing operations	(861,489)	285,792	(1,868,849)	(1,733,936)
Discontinued operations
Net loss	(1,196,195)	(162,065)	(2,560,694)	(2,570,473)
Other comprehensive income	3,163	135,805	6,611	241,585
Total comprehensive loss	(1,193,032)	(26,260)	(2,554,083)	(2,328,888)
Loss Per Share:
Income (loss) from continuing operations (in dollars per share)	$ (0.06)	$ 0.02	$ (0.13)	$ (0.12)
Loss from discontinued operations (in dollars per share)	$ (0.02)	$ (0.03)	$ (0.05)	$ (0.06)
Net loss (in dollars per share)	$ (0.08)	$ (0.01)	$ (0.18)	$ (0.18)
Shares used in the computation of loss per share:
Basic (in shares)	14,590,397	14,292,955	14,471,570	14,274,747
Diluted (in shares)	14,590,397	14,292,955	14,471,570	14,274,747
Motorhome operations
Discontinued operations
Operating loss of discontinued operations		(143,970)		(138,766)
Oregon operations
Discontinued operations
Operating loss of discontinued operations	$ (334,706)	$ (303,887)	$ (691,845)	$ (697,771)