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0000950123-10-108594.txt : 20101124
0000950123-10-108594.hdr.sgml : 20101124
20101124130556
ACCESSION NUMBER: 0000950123-10-108594
CONFORMED SUBMISSION TYPE: 10-Q
PUBLIC DOCUMENT COUNT: 11
CONFORMED PERIOD OF REPORT: 20101030
FILED AS OF DATE: 20101124
DATE AS OF CHANGE: 20101124
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: CHICOS FAS INC
CENTRAL INDEX KEY: 0000897429
STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-WOMEN'S CLOTHING STORES [5621]
IRS NUMBER: 592389435
STATE OF INCORPORATION: FL
FISCAL YEAR END: 0130
FILING VALUES:
FORM TYPE: 10-Q
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-16435
FILM NUMBER: 101214243
BUSINESS ADDRESS:
STREET 1: 11215 METRO PKWY
CITY: FT MYERS
STATE: FL
ZIP: 33966-1206
BUSINESS PHONE: 2392776200
MAIL ADDRESS:
STREET 1: 11215 METRO PKY
CITY: FT MYERS
STATE: FL
ZIP: 33966-1206
10-Q
1
g25369e10vq.htm
FORM 10-Q
e10vq
QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the Quarter Ended:
Commission File Number:
October 30, 2010
001-16435
Chicos FAS, Inc.
(Exact name of registrant as specified in charter)
Florida
59-2389435
(State of Incorporation)
(I.R.S. Employer Identification No.)
11215 Metro Parkway, Fort Myers, Florida 33966
(Address of principal executive offices)
239-277-6200
(Registrants telephone number, including area code)
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 þ
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 þ 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. (Check
one):
Large accelerated filer þ
Accelerated filer o
Non-accelerated filer o
Smaller reporting company o
(do not check if a smaller reporting company)
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of
the Exchange Act). Yes o No þ
Indicate the number of shares outstanding of each of the issuers classes of common stock, as of
the latest practicable date.
At November 17, 2010, there were 177,602,803 shares outstanding of Common Stock, $.01 par value per
share.
Notes to Consolidated Financial Statements
October 30, 2010
(Unaudited)
(in thousands, except share and per share amounts)
Note 1. Basis of Presentation
The accompanying unaudited consolidated financial statements of Chicos FAS, Inc. and its
wholly-owned subsidiaries (collectively, the Company) have been prepared in accordance with the
instructions to Form 10-Q and do not include all of the information and notes required by
accounting principles generally accepted in the U.S. (U.S. GAAP) for complete financial
statements. In the opinion of management, such interim financial statements reflect all normal
adjustments considered necessary to present fairly the financial position and the results of
operations and cash flows for the interim periods presented. All significant intercompany balances
and transactions have been eliminated in consolidation. For further information, refer to the
consolidated financial statements and notes thereto for the fiscal year ended January 30, 2010,
included in the Companys Annual Report on Form 10-K filed with the Securities and Exchange
Commission (SEC) on March 24, 2010. The January 30, 2010 balance sheet amounts were derived from
audited financial statements included in the Companys Annual Report.
As used in this report, all references to we, us, our, and the Company, refer to
Chicos FAS, Inc. and all of its wholly-owned subsidiaries. Unless otherwise noted, all references
to the third quarter refer to the third quarter of fiscal 2010.
Our fiscal years end on the Saturday closest to January 31 and are designated by the calendar
year in which the fiscal year commences. Operating results for the thirteen and thirty-nine weeks
ended October 30, 2010 are not necessarily indicative of the results that may be expected for the
entire year.
Certain prior year amounts have been reclassified in order to conform to the current year
presentation.
Note 2. Impairment Charges
Long-Lived Assets
During our quarterly reviews for impairment in the first quarter of fiscal 2010 and the second
quarter of fiscal 2009, we completed evaluations of long-lived assets at certain underperforming
stores for indicators of impairment and, as a result, determined that the carrying values of
certain assets exceeded their future undiscounted cash flows. We then determined the fair value of
these assets by discounting their future cash flows using a rate approximating our cost of capital,
which resulted in an impairment charge of approximately $0.8 million and $1.1 million in the first
quarter of fiscal 2010 and second quarter of fiscal 2009, respectively.
During the first quarter of fiscal 2009, we incurred non-cash impairment charges totaling
approximately $8.1 million which are included in our consolidated statements of income within
selling, general and administrative expenses. The impairments were related to the write-off of
development costs for software applications that reflected our decision to deploy alternative
inventory planning and allocation software.
Note Receivable
In fiscal 2007, we sold a parcel of land for $39.7 million consisting of approximately $13.4
million in cash proceeds, net of closing costs, and a note receivable with a principal amount of
approximately $25.8 million due on August 1, 2009 which was secured by a purchase money mortgage.
Chicos FAS, Inc. and Subsidiaries
Notes to Consolidated Financial Statements
October 30, 2010
(Unaudited)
(in thousands, except share and per share amounts)
Note 2. Impairment Charges (continued)
During the second quarter of fiscal 2009, we determined, based on an independent evaluation of
the fair value of the underlying collateral and coupled with the debtors apparent inability to pay
the note in full, that the loan was impaired. As a result, we recorded a non-cash impairment
charge of approximately $3.8 million, which was determined based on the difference between the book
value of the note and the independent evaluation of the fair value of the land at that time.
During the fourth quarter of fiscal 2009, based on an updated third-party valuation of the land, we
determined that the fair value of the land had declined further and an additional $2.0 million
impairment charge was necessary to adjust the note to its current fair value, less estimated costs
to sell. Additionally, upon determining the note was impaired, we ceased recognizing any further
interest income and also reversed year-to-date interest income of approximately $0.8 million. On
May 4, 2010, we took possession of the land in satisfaction of the note receivable and classified
the land within property, plant and equipment on our balance sheet.
Note 3. Restructuring Charges
During the fourth quarter of fiscal 2008, in an effort to reduce costs and enhance
efficiencies, we announced a workforce reduction that included the elimination of approximately 180
positions, or approximately 11% of the National Store Support Center (NSSC) employee base. In
addition, we incurred charges related to the separation agreement with our former Chief Executive
Officer. In connection with these actions, we recorded approximately $10.0 million of personnel
separation costs within selling, general and administrative expenses on the income statement. The
following table summarizes the severance and workforce reduction liability for each period as
indicated (amounts in thousands):
Thirty-Nine Weeks Ended
Thirteen Weeks Ended
October 30, 2010
October 31, 2009
October 30, 2010
October 31, 2009
Beginning balance
$
116
$
8,698
$
$
1,188
Payments
$
(116
)
$
(8,271
)
$
$
(761
)
Ending balance
$
$
427
$
427
Note 4. Income Taxes
Our uncertain tax positions were $4.2 million and $6.9 million at October 30, 2010 and January
30, 2010, respectively. During the third quarter, uncertain tax
positions decreased $2.5 million
as a result of a tax audit settlement on more favorable terms than had been originally estimated.
However, as of October 30, 2010, we do not believe that the balance of our uncertain tax positions
will significantly increase or decrease within the next twelve months. We are currently subject to
income tax examinations by various states, but do not expect the resolution of the examinations
will have a material impact on our financial position, results of operations, or liquidity.
During the third quarter, in connection with the filing of our fiscal year 2009 income tax
return, Chicos filed accounting method changes with the Internal Revenue Service regarding how
fixed assets are classified and depreciated for tax purposes. While these changes had virtually
no effect on our current year tax rate and income statement for the third quarter and year, they
did result in monetizing about $29.1 million in deferred tax assets, a portion of which has been
reclassified to an income tax receivable on our balance sheet at the end of the third quarter.
Chicos FAS, Inc. and Subsidiaries
Notes to Consolidated Financial Statements
October 30, 2010
(Unaudited)
(in thousands, except share and per share amounts)
Note 4. Income Taxes (continued)
Our effective tax rate decreased for the current quarter to 35.4% compared to 37.9% in the
third quarter of last year due primarily to a favorable state tax audit settlement.
Our effective tax rate for the thirty-nine weeks ended October 30, 2010 is 36.0% compared to
an effective tax rate of 37.5% for the thirty-nine weeks ended October 31, 2009. Our effective tax
rate was lower in the current thirty-nine week period compared to last year due primarily to
favorable state tax audit settlements and the restoration of a state tax receivable due to a
favorable ruling.
Note 5. Stock-Based Compensation
General
Stock-based compensation award expense recognized during the thirteen and thirty-nine weeks
ended October 30, 2010 and October 31, 2009 consists of compensation expense for all share-based
awards granted and is based on the grant date fair value estimated in accordance with the relevant
accounting guidance.
For the thirty-nine weeks ended October 30, 2010 and October 31, 2009, stock-based
compensation expense was $8.9 million and $6.5 million, respectively, and for the thirteen weeks
ended October 30, 2010 and October 31, 2009, stock-based compensation was $2.9 million and $2.4
million, respectively. The total tax benefit associated with stock-based compensation for the
thirty-nine weeks ended October 30, 2010 and October 31, 2009 was $3.4 million and $2.5 million,
respectively, and for the thirteen weeks ended October 30, 2010 and October 31, 2009, the total tax
benefit associated with stock-based compensation was $1.1 million and $0.9 million, respectively.
We recognize stock-based compensation costs net of a forfeiture rate for only those shares expected
to vest and on a straight-line basis over the requisite service period of the award.
Methodology Assumptions
We use the Black-Scholes option-pricing model to value our stock options. Using this
option-pricing model, the fair value of each stock option award is estimated on the date of grant.
The fair value of our stock option awards, which are subject to pro-rata vesting generally over 3
years, is expensed on a straight-line basis over the vesting period of the stock options. The
expected volatility assumption inherent in the pricing model is based on the historical volatility
of our stock over a term equal to the expected term of the option granted. The expected term of
stock option awards granted is derived from historical exercise experience under our stock option
plans and represents the period of time that stock option awards granted are expected to be
outstanding.
The expected term assumption incorporates the contractual term of an option grant, which is
generally ten years, as well as the vesting period of an award, which is generally pro-rata vesting
over 3 years. The risk-free interest rate is based on the implied yield on a U.S. Treasury
constant maturity with a remaining term equal to the expected term of the option granted. The
expected dividend yield is based on the expected annual dividend divided by the market price of our
common stock at the time of declaration.
Chicos FAS, Inc. and Subsidiaries
Notes to Consolidated Financial Statements
October 30, 2010
(Unaudited)
(in thousands, except share and per share amounts)
Note 5. Stock-Based Compensation (continued)
The weighted average assumptions relating to the valuation of our stock options for the
thirty-nine and thirteen weeks ended October 30, 2010 and October 31, 2009 were as follows:
Thirty-Nine Weeks Ended
Thirteen Weeks Ended
October 30, 2010
October 31, 2009
October 30, 2010
October 31, 2009
Weighted average
fair value of grants
$
6.70
$
2.50
$
4.27
$
7.14
Expected volatility
66
%
62
%
67
%
66
%
Expected term (years)
4.5
4.5
4.5
4.5
Risk-free interest rate
2.0
%
1.8
%
1.2
%
2.2
%
Expected dividend yield
1.1
%
N/A
1.8
%
N/A
Performance-based Awards
In fiscal 2009, we granted David F. Dyer, our President and Chief Executive Officer, a
performance award under which he was eligible to receive up to 133,333 shares, contingent upon the
achievement of certain Company-specific performance goals in fiscal 2009. At the time of the
grant, 100,000 shares, which represented the targeted number of shares under the grant, were issued
to Mr. Dyer as restricted shares. The grant provided for vesting of all performance shares issued
(whether issued at the time of grant or as additional shares earned at the end of the performance
measurement period) three years from the date of grant. After the end of fiscal 2009, our Boards
Compensation and Benefits Committee determined that the Company had achieved the performance goals
and that Mr. Dyer earned 133,333 shares. Accordingly, in the first quarter of fiscal 2010, we
issued Mr. Dyer 33,333 restricted shares, which were in addition to the 100,000 restricted shares
issued to him at the time of the fiscal 2009 grant. We account for the award by recording
compensation expense, based on the 133,333 shares earned, on a straight-line basis over the 3-year
service period.
In the first quarter of fiscal 2010, a new performance-based stock award was granted to Mr.
Dyer. Similar to the 2009 grant, under this performance award, Mr. Dyer is eligible to receive up
to 133,333 shares, contingent upon the achievement of certain Company-specific performance goals
during fiscal 2010. At the time of the grant, 100,000 shares, which represented the targeted
number of shares under the grant, were issued to Mr. Dyer as restricted shares. Any shares earned
as a result of the achievement of such goals (whether issued at the time of grant or as additional
shares earned at the end of the performance measurement period) will vest two years from the date
of grant. We are recording compensation expense, based on the number of shares ultimately expected
to vest, recognized on a straight-line basis over the 2-year service period. Additionally, we
reevaluate the amount of compensation expected to be earned at the end of each reporting period and
record an adjustment, if necessary.
In the first quarter of fiscal 2010, certain of our executive officers were also granted
Performance Stock Units (PSU). Each PSU award has the ability to be converted into shares on the
second anniversary of the grant date upon the achievement of certain Company-specific performance
goals for fiscal 2011. Based on the level of achievement of the performance goals, the
participants in this award may earn up to 100% of the units awarded. Similar to the performance
awards granted to Mr. Dyer, compensation cost is recognized on a straight-line basis over the
vesting period, based on the number of units ultimately expected to vest and depending on the level
and likelihood of the performance condition being met. Additionally, we reevaluate the amount of
compensation expected to be earned at the end of each reporting period and record an adjustment, if
necessary.
Chicos FAS, Inc. and Subsidiaries
Notes to Consolidated Financial Statements
October 30, 2010
(Unaudited)
(in thousands, except share and per share amounts)
Note 5. Stock-Based Compensation (continued)
Stock-Based Compensation Activity
As of October 30, 2010, 6,590,794 nonqualified options are outstanding at a weighted average
exercise price of $12.89 per share. The following table presents a summary of our stock options
activity for the thirty-nine weeks ended October 30, 2010:
Weighted Average
Number of Shares
Exercise Price
Outstanding, beginning of period
6,288,358
$
12.54
Granted
1,125,800
13.34
Exercised
(315,015
)
4.45
Canceled or expired
(508,349
)
14.70
Outstanding, end of period
6,590,794
12.89
Exercisable at October 30, 2010
3,553,583
17.24
The following table presents a summary of our restricted stock activity for the
thirty-nine weeks ended October 30, 2010:
Weighted Average
Grant Date Fair
Number of Shares
Value
Nonvested, beginning of period
816,677
$
6.21
Granted
1,168,501
10.45
Vested
(203,611
)
9.19
Canceled
(103,160
)
6.13
Nonvested, end of period
1,678,407
8.80
Approximately 6.7 million shares remain available under our Omnibus Stock and Incentive
Plan for future grants of either stock options, restricted stock or restricted stock units, stock
appreciation rights (SARs) or performance shares.
Note 6. Net Income Per Share
In June 2008, accounting guidance was issued related to share-based awards that qualify as
participating securities. In accordance with this guidance, unvested share-based payment awards
that include non-forfeitable rights to dividends, whether paid or unpaid, are considered
participating securities. As a result, such awards are required to be included in the calculation
of basic earnings per common share pursuant to the two-class method. For us, participating
securities are generally comprised of unvested restricted stock awards.
Basic EPS is determined using the two-class method and is computed by dividing net income
available to common shareholders by the weighted-average number of common shares outstanding during
the period. Diluted EPS reflects the dilutive effect of potential common shares from securities
such as stock options.
Chicos FAS, Inc. and Subsidiaries
Notes to Consolidated Financial Statements
October 30, 2010
(Unaudited)
(in thousands, except share and per share amounts)
Note 6. Net Income Per Share (continued)
The following table sets forth the computation of basic and diluted EPS shown on the face of
the accompanying consolidated statements of income:
Thirty-Nine Weeks Ended
Thirteen Weeks Ended
October 30,
October 31,
October 30,
October 31,
2010
2009
2010
2009
Numerator
Net income
$
94,700
$
52,138
$
28,844
$
22,745
Net income allocated to participating securities
(731
)
(288
)
Net income available to common shareholders
$
93,969
$
52,138
$
28,556
$
22,745
Denominator
Weighted average common shares outstanding basic
177,027,767
177,348,442
176,215,239
177,661,902
Dilutive effect of stock options outstanding
1,292,095
1,167,520
1,046,809
1,589,267
Weighted average common and common equivalent
shares outstanding diluted
178,319,862
178,515,962
177,262,048
179,251,169
Net income per common share:
Basic
$
0.53
$
0.29
$
0.16
$
0.13
Diluted
$
0.53
$
0.29
$
0.16
$
0.13
For the thirteen weeks ended October 30, 2010 and October 31, 2009, 3,785,990 and
2,629,786 potential shares of common stock, respectively, were excluded from the computation of
diluted EPS relating to stock option awards because the effect of including these potential shares
would have been anti-dilutive.
For the thirty-nine weeks ended October 30, 2010 and October 31, 2009, 3,349,846 and 3,532,428
potential shares of common stock, respectively, were excluded from the computation of diluted EPS
relating to stock option awards because the effect of including these potential shares would have
been anti-dilutive.
Note 7. Fair Value Measurements
Our financial instruments consist of cash and cash equivalents, marketable securities, trade
receivables and payables. The carrying values of cash and cash equivalents, marketable securities,
trade receivables and trade payables approximate current fair value due to the short-term nature of
the instruments.
Marketable securities are classified as available-for-sale and consist of variable rate demand
notes, which are considered highly liquid, variable rate municipal debt securities, municipal
bonds, asset-backed securities, corporate bonds and U.S treasury securities. Although the variable
rate demand notes, totaling $273.2 million as of October 30, 2010, have long-term maturity dates
ranging from 2011 to 2048, the interest rates generally reset weekly. Despite the long-term nature
of the underlying securities of the variable rate demand notes, we believe we have the ability to
quickly liquidate or put back these securities. The remainder of the portfolio, as of October 30,
2010, consisted of $57.5 million of securities with maturity
dates less than one year and $152.9 million with maturity dates over one year and less than or
equal to three years.
Chicos FAS, Inc. and Subsidiaries
Notes to Consolidated Financial Statements
October 30, 2010
(Unaudited)
(in thousands, except share and per share amounts)
Note 7. Fair Value Measurements (continued)
We consider all available-for-sale securities, including those with maturity dates beyond 12
months, as available to support current operational liquidity needs and therefore classify these
securities as short-term investments within current assets on the consolidated balance sheets.
Marketable securities are carried at market value, with the unrealized holding gains and losses,
net of income taxes, reflected as a separate component of stockholders equity until realized. For
the purposes of computing realized and unrealized gains and losses, cost is determined on a
specific identification basis.
Fair value is defined as the price that would be received to sell an asset or paid to
transfer a liability in the principal or most advantageous market in an orderly transaction
between market participants on the measurement date. Entities are required to use a three-level
hierarchy, which requires an entity to maximize the use of observable inputs and minimize the use
of unobservable inputs when measuring fair value.
The valuation hierarchy is based upon the transparency of inputs to the valuation of an asset
or liability on the measurement date. The three levels are defined as follows:
Level 1
Unadjusted quoted prices in active markets for identical assets or liabilities
Level 2
Unadjusted quoted prices in active markets for similar assets or liabilities, or;
Unadjusted quoted prices for identical or similar assets or liabilities in markets
that are not active, or; Inputs other than quoted prices that are observable for the
asset or liability
Level 3
Unobservable inputs for the asset or liability.
We measure certain financial assets at fair value on a recurring basis, including our
marketable securities, which are classified as available-for-sale securities, certain cash
equivalents, specifically our money market accounts, and assets held in our non-qualified deferred
compensation plan. The money market funds are valued based on quoted market prices in active
markets. Our marketable securities are generally valued based on other observable inputs for
those securities (including market corroborated pricing or other models that utilize observable
inputs such as yield curves) except for U.S. treasury holdings which are valued based on quoted
market prices in active markets. The investments in our non-qualified deferred compensation plan
are valued using quoted market prices and are included in other assets on our consolidated balance
sheets.
From time to time, we measure certain assets at fair value on a non-recurring basis,
specifically long-lived assets evaluated for impairment and previously, our note receivable. We
estimate the fair value of our long-lived assets using company-specific assumptions which would
fall within Level 3 of the fair value hierarchy. In prior periods, the note receivables value
was based on the value of the underlying real estate collateral as determined by an independent
third party using observable market data, which resulted in a Level 2 classification. During the
second quarter of 2010, the underlying real estate collateral was repossessed by us in full
satisfaction of the note receivable.
New guidance on financial instruments measured at fair value requires additional disclosures
regarding significant transfers into and out of Level 1 and Level 2 as well as more detailed
discussions regarding Level 3 activity. We conduct reviews on a quarterly basis to verify pricing,
assess liquidity, and determine if significant inputs have changed that would impact the fair value
hierarchy disclosure. During fiscal 2010, we did not make significant transfers between Level 1
and Level 2 assets. Furthermore, as of October 30, 2010, January 30, 2010 and October 31, 2009, we
did not have any Level 3 financial assets.
Chicos FAS, Inc. and Subsidiaries
Notes to Consolidated Financial Statements
October 30, 2010
(Unaudited)
(in thousands, except share and per share amounts)
Note 7. Fair Value Measurements (continued)
In accordance with the provisions of the guidance, we categorized our financial assets,
whether valued on a recurring or non-recurring basis, based on the priority of the inputs to the
valuation technique for the instruments, as follows (amounts in thousands):
Chicos FAS, Inc. and Subsidiaries
Notes to Consolidated Financial Statements
October 30, 2010
(Unaudited)
(in thousands, except share and per share amounts)
Note 8. Share Repurchase Program
In August 2010, our Board of Directors authorized the repurchase of up to $200 million of our
outstanding common stock through January 2013. During the third quarter, we repurchased 2,096,300
shares, at a total cost of approximately $18.3 million, under this program. However, we have no
continuing obligation to repurchase shares under this authorization, and the timing, actual number
and value of any additional shares to be purchased will depend on the performance of our stock
price, market conditions and other considerations.
Note 9. Subsequent Event
On November 10, 2010 our Board of Directors declared a quarterly cash dividend of $0.04 per
share on our common stock. The dividend will be payable on December 21, 2010 to shareholders of
record at the close of business on December 7, 2010. While it is our intention to continue to pay
a quarterly cash dividend in the future, any decision to pay future cash dividends will be made by
the Board of Directors and will depend on future earnings, financial condition and other factors.
ITEM 2. MANAGEMENTS DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
Managements Discussion and Analysis of Financial Condition and Results of Operations (MD&A)
should be read in conjunction with the accompanying unaudited consolidated financial statements and
notes thereto and our 2009 Annual Report to Stockholders.
Executive Overview
We are a specialty retailer of private branded, sophisticated, casual-to-dressy clothing,
intimates, complementary accessories, and other non-clothing gift items operating under the
Chicos, White House | Black Market (WH|BM), and Soma Intimates (Soma) brand names. We earn
revenues and generate cash through the sale of merchandise in our retail stores, on our various
websites and through our call centers, which take orders for all of our brands.
Throughout fiscal 2010, we continue to focus on the initiatives that contributed to our
success last year. These initiatives include: 1) rebuilding the Chicos business into a high
performance brand, 2) growing the WH|BM and Soma brands, 3) accelerating direct-to-consumer (DTC)
sales growth, 4) improving our cost structure and inventory control, and 5) targeting a level of
profitability in fiscal 2011 approaching what we achieved in fiscal 2005, previously our highest
earnings year.
Our performance in the third quarter of 2010 reflects a significant improvement over last
years third quarter as we continue to execute our key strategic initiatives. Net sales increased
over 8%, operating income increased over 20% and earnings per diluted share increased 27% to $0.16
per diluted share in this years third quarter from $0.13 per diluted share in the same period last
year.
The Chicos brand overcame a slower start to the third quarter and delivered improved overall
results as compared to last years third quarter. Although the retail environment continues to be
highly promotional, we believe overall our Fall product was generally well received by our
customers and the increased advertising spend for all of our brands helped to drive traffic to our
stores resulting in higher sales.
Financial Highlights for the Third Quarter of 2010
Net sales for the thirteen-week period ended October 30, 2010 (current period)
increased 8.1% to $483.0 million compared to $446.9 million for the thirteen-week period
ended October 31, 2009 (prior period), driven by a 3.1% consolidated comparable store
sales increase (sales from stores open for at least twelve full months, including stores
that have been expanded or relocated within the same general market) compared to an
increase of 12.8% in the same period last year and a 40.4% increase in DTC sales in the
current period to $34.4 million.
The gross margin rate decreased slightly to 57.0% from 57.6% in the prior period mainly
due to higher markdowns principally at the Chicos brand offset by improved margins at the
Chicos and WH|BM brand outlet stores.
Selling, general and administrative expenses for the current period, as a percentage of
total net sales, improved 170 basis points compared to last years third quarter mainly due
to the leverage associated with the comparable store sales increase.
Net income in the current period was $28.8 million compared to net income of $22.7
million in the same period last year, and earnings per diluted share increased to $0.16
compared to $0.13 in the same period last year.
Cash and marketable securities at the end of the quarter were $505.6 million, an
increase of $82.3 million over last years third quarter, which considers we paid $21.4
million of dividends and the repurchase of $18.3 million worth of our common stock through
our share repurchase program announced in August 2010.
End of quarter inventory of $179.1 million increased $19.1 million, or approximately
12%, from the prior years third quarter. This increase is primarily driven by 64 net new
stores over last year as well as inventory purchased for positive sales trends in stores
and the DTC channel and new store openings in the fourth quarter.
Total inventory cost per selling square foot increased 6% to $65 per selling square foot
compared to $61 at the end of last years third quarter. Excluding inventory purchased for
new stores scheduled to open in the fourth quarter, inventories are up 4.5% per square foot
at cost. End of quarter inventory for the WH|BM brand increased approximately 10.5% per
selling square foot versus down 21.7% per square foot last year, while Chicos brand
inventory decreased approximately 1.2% quarter over quarter.
Future Outlook
We are currently forecasting a positive low single digit increase in comparable store sales
for the fourth quarter of fiscal 2010. We anticipate gross margin to be slightly lower than the
previous years fourth quarter due to promotional markdowns for the holiday season and greater than
planned sourcing costs. Lastly, we expect selling, general and administrative dollars to increase
slightly in the fourth quarter driven by an incremental $3 million in marketing costs and higher
costs associated with new store growth.
Results of Operations Thirteen Weeks Ended October 30, 2010 Compared to the Thirteen Weeks Ended
October 31, 2009.
Net Sales
The following table depicts net sales for the Chicos/Soma and WH|BM brands in dollars and as
a percentage of total net sales for the thirteen weeks ended October 30, 2010 and October 31, 2009
(dollar amounts in thousands):
Thirteen Weeks Ended
October 30, 2010
October 31, 2009
Net Sales:
Chicos/Soma Intimates
$
337,629
69.9
%
$
319,526
71.5
%
White House | Black Market
145,393
30.1
127,337
28.5
Total net sales
$
483,022
100.0
%
$
446,863
100.0
%
Net sales by the Chicos, WH|BM and Soma brands increased from the prior period primarily
due to positive comparable store sales, new store openings, and increases in DTC sales for all
brands. DTC sales are not included in comparable store sales.
The Chicos/Soma brands comparable store sales increased by 1.5% and the WH|BM brands
comparable store sales increased by 7.1% compared to the prior period. The consolidated comparable
store sales increase of 3.1% in the current period was driven by a 4% increase in units per
transaction and an increase in the average unit retail price at WH|BM front-line stores offset by a
slight decrease in transactions compared to the prior period. Comparable store sales results also
benefited from an approximate 4% increase in transactions at Chicos front-line stores, offset by
decreases in the average unit retail price and units per transaction.
Net sales for the DTC channel in the current period, which are included in each brands total
net sales, increased by $9.9 million, or 40.4%, compared to net sales for the DTC channel in the
prior period. All three brands generated significant increases for the quarter which we believe
are attributable to enhanced website functionality and improved online product offerings.
Cost of Goods Sold/Gross Margin
The following table depicts cost of goods sold and gross margin in dollars and the related
gross margin percentages for the thirteen weeks ended October 30, 2010 and October 31, 2009 (dollar
amounts in thousands):
Thirteen Weeks Ended
October 30, 2010
October 31, 2009
Cost of goods sold
$
207,955
$
189,585
Gross margin
$
275,067
$
257,278
Gross margin percentage
57.0
%
57.6
%
Gross margin as a percentage of net sales for the current quarter decreased to 57.0%
compared to 57.6% in the third quarter of fiscal 2009. The gross margin rate decrease was
primarily attributable to higher markdowns at Chicos frontline stores due to softer sales
experienced early in the quarter and promotions derived to generate traffic. However, the decrease
in the gross margin rate was partially offset by improved margins at outlet stores mainly due to
increased penetration of made-for-outlet product.
Selling, General and Administrative Expenses
The following tables depict store and direct operating expenses, marketing, and National Store
Support Center expenses in dollars and as a percentage of total net sales for the thirteen weeks
ended October 30, 2010 and October 31, 2009 (dollar amounts in thousands):
Thirteen Weeks Ended
October 30, 2010
October 31, 2009
Store and direct operating expenses
$
169,726
$
165,106
Percentage of total net sales
35.1
%
37.0
%
Store and direct operating expenses include store and DTC operational expenses, and
reflect such items as personnel, occupancy, credit card fees, depreciation and supplies incurred
to operate each of our stores and the DTC channel. Store and direct operating expenses increased
by $4.6 million over last years third quarter primarily due to increased occupancy expense and
store labor costs associated with 64 net new stores over last year, accompanied by increased
in-store promotions and higher credit card fees due to higher sales volume compared to last year.
However, expressed as a percentage of net sales, store and direct operating expenses decreased 190
basis points due to the leverage associated with improved comparable store sales.
Thirteen Weeks Ended
October 30, 2010
October 31, 2009
Marketing
$
31,928
$
24,974
Percentage of total net sales
6.6
%
5.6
%
Marketing expenses include marketing programs such as direct marketing efforts, national
advertising expenses via various media and related support costs. Marketing expenses increased
$7.0 million, as planned, over last years third quarter primarily due to increased television ads,
including ads for the Soma brand, as well as increased online and print media campaigns across all
three brands. As a percentage of net sales, marketing expenses increased 100 basis points compared
to last years third quarter.
National Store Support Center (NSSC) expenses consist of the corporate level functions
including executive management, human resources, management information systems and finance, among
others. In dollars, NSSC expenses decreased over the prior period due to lower performance-based
compensation accruals and effective expense control. Expressed as a percentage of net sales, NSSC
expenses decreased in the third quarter by approximately 80 basis points, assisted by the leverage
associated with improved comparable store sales.
Provision for Income Taxes
Our effective tax rate decreased for the current period to 35.4% compared to 37.9% in the
prior period primarily due to a favorable state income tax audit settlement.
Results of Operations Thirty-Nine Weeks Ended October 30, 2010 Compared to the Thirty-Nine Weeks
Ended October 31, 2009.
Net Sales
The following table depicts net sales for the Chicos/Soma and WH|BM brands in dollars and as
a percentage of total net sales for the year-to-date period ended October 30, 2010 and October 31,
2009 (dollar amounts in thousands):
Thirty-Nine Weeks Ended
October 30, 2010
October 31, 2009
Net Sales:
Chicos/Soma Intimates
$
993,989
69.5
%
$
902,050
70.6
%
White House | Black Market
435,992
30.5
375,370
29.4
Total net sales
$
1,429,981
100.0
%
$
1,277,420
100.0
%
Net sales by the Chicos, WH|BM and Soma brands for the year-to-date period ended October
30, 2010 increased from the prior years comparable period primarily due to positive comparable
store sales, new store openings, as well as increases in DTC sales for all brands. DTC sales are
not included in comparable store sales.
The Chicos/Soma brands comparable store sales increased by 6.7% and the WH|BM brands
comparable store sales increased by 11.2% for the year-to-date period compared to the prior period.
The consolidated comparable store sales increase of 8.0% in the year-to-date period was driven
primarily by an approximate 10% increase in transactions at Chicos front-line stores, offset by a
decrease in units per transaction. Comparable store sales results also benefited from an
approximate 6% increase in transactions at WH|BM front-line stores coupled with an approximate 4%
increase in units per transaction in the year-to-date period versus the prior years comparable
period.
Net sales for the DTC channel for the year-to-date period, which are included in each brands
total net sales, increased by $24.1 million, or 36.2%, compared to net sales for the DTC channel
in the prior years comparable period. All three brands posted increases of over 30% in DTC Sales
which we believe are due to our continued focus on this previously underinvested channel including
enhanced website functionality and improved and expanded online product offerings.
The following table depicts cost of goods sold and gross margin in dollars and the related
gross margin percentages for the thirty-nine weeks ended October 30, 2010 and October 31, 2009
(dollar amounts in thousands):
Thirty-Nine Weeks Ended
October 30, 2010
October 31, 2009
Cost of goods sold
$
614,128
$
555,713
Gross margin
$
815,853
$
721,707
Gross margin percentage
57.1
%
56.5
%
Gross margin as a percentage of sales for the year-to-date period improved to 57.1%
compared to 56.5% for the comparable period last year. The improvement in gross margin percentage
is primarily attributable to improved merchandise margins at WH|BM stores and an improvement in
merchandise margins at the Chicos outlet stores due to increased penetration of made-for-outlet
product. These improvements in gross margin were partially offset by a slight decrease in
merchandise margins at Chicos front-line stores due to higher markdowns.
Selling, General and Administrative Expenses
The following tables depict store and direct operating expenses, marketing, and National Store
Support Center expenses in dollars and as a percentage of total net sales for the thirty-nine weeks
ended October 30, 2010 and October 31, 2009 (dollar amounts in thousands):
Thirty-Nine Weeks Ended
October 30, 2010
October 31, 2009
Store and direct operating expenses
$
502,404
$
482,481
Percentage of total net sales
35.1
%
37.8
%
Store and direct operating expenses include store and DTC operational expenses, and
reflect such items as personnel, occupancy, credit card fees, depreciation and supplies incurred
to operate each of our stores and the DTC channel. In addition, store and direct operating
expenses include support expenditures for district and regional management and other store support
functions. Store and direct operating expenses increased in dollars for the year-to-date period
primarily due to (i) increases in store personnel costs associated with higher sales, (ii) costs
associated with 64 net new store openings since last years third quarter and (iii) higher credit
card fees associated with the increase in sales compared to the prior year-to-date period.
Expressed as a percentage of net sales, store and direct operating expenses decreased by 270 basis
points primarily due to the leverage from improved comparable store sales.
Thirty-Nine Weeks Ended
October 30, 2010
October 31, 2009
Marketing
$
79,019
$
58,976
Percentage of total net sales
5.5
%
4.6
%
Marketing expenses include marketing programs such as direct marketing efforts, national
advertising expenses via various media and related support costs. Marketing expenses increased $20
million in the year-to-date period and, as expressed as a percentage of net sales, increased by
approximately 90 basis points due mainly to increased television, online and print media campaigns
for all three brands.
National Store Support Center (NSSC) expenses consist of the corporate level functions
including executive management, human resources, management information systems and finance, among
others. NSSC expenses increased in the current year-to-date period mainly due to increased
relocation and recruiting costs. Expressed as a percentage of net sales, NSSC expenses decreased
in the year-to-date period by approximately 60 basis points, primarily due to the leverage
associated with improved comparable store sales.
Impairment Charges
The following table depicts impairment charges in dollars and as a percentage of total net
sales for the thirty-nine weeks ended October 30, 2010 and October 31, 2009 (dollar amounts in
thousands):
Thirty-Nine Weeks Ended
October 30, 2010
October 31, 2009
Impairment charges
$
822
$
13,026
Percentage of total net sales
0.1
%
1.0
%
The non-cash impairment charges recognized in the first thirty-nine weeks of fiscal 2010
related to the write-off of fixed assets at certain underperforming stores.
The impairment charges recognized in the thirty-nine weeks of fiscal 2009 include the
following: 1) the write-off of development costs for software applications totaling $8.1 million;
2) the partial write-off of a note receivable totaling $3.8 million; and 3) $1.1 million in
impairment charges related to the write-off of fixed assets at certain underperforming stores.
Provision for Income Taxes
Our effective tax rate for the thirty-nine weeks ended October 30, 2010 is 36.0% compared to
an effective tax rate of 37.5% for the thirty-nine weeks ended October 31, 2009. Our effective tax
rate was lower in the current thirty-nine week period compared to last year due primarily to a
favorable state income tax audit settlement and the restoration of a state tax receivable due to a
favorable ruling.
Liquidity and Capital Resources
Our ongoing capital requirements have been and are for funding capital expenditures for new, expanded, relocated and remodeled stores, continued improvement of information technology
tools, for the planned expansion of our NSSC campus and for our distribution centers and other
central support facilities.
The following table depicts our capital resources as of October 30, 2010 and October 31, 2009
(amounts in thousands):
Working capital as of October 30, 2010 increased compared to October 31, 2009 resulting
primarily from higher cash and marketable securities amounts attributable to our improved operating
results. In addition, certain tax initiatives resulted in the conversion of a significant portion
of our noncurrent deferred tax assets to a current position and generated an income tax receivable.
The significant components of working capital are cash and cash equivalents, marketable
securities, receivables and inventories, reduced by current liabilities.
Based on past performance and current expectations, we believe that our cash and cash
equivalents, marketable securities and cash generated from operations will satisfy and fund our
working capital needs, future capital expenditures (see New Store Openings and Infrastructure
Investments), commitments, dividend payments, potential share repurchases and other liquidity
requirements associated with our operations through at least the next 12 months. Furthermore, while
it is our intention to continue to pay a quarterly cash dividend in the future, any determination
to pay future dividends will be made by the Board of Directors and will depend on future earnings,
financial condition and other factors.
Operating Activities
Net cash provided by operating activities was $176.9 million and $200.3 million for the
thirty-nine weeks ended October 30, 2010 and October 31, 2009, respectively. The $23.4 million
decrease in cash flows from operating activities in the current period from the prior period is
primarily due to the increase in inventory investment accompanied by differences in the timing of
accounts payable and accrued liabilities. These uses of cash were partially offset by higher net
income.
Investing Activities
Net cash used in investing activities was $155.3 million and $171.1 million for the
thirty-nine weeks ended October 30, 2010 and October 31, 2009, respectively.
We had net purchases of $96.8 million of marketable securities in the current year-to-date
period compared to net purchases of $120.1 million of marketable securities in last years
comparable year-to-date period.
Our approximate $7.5 million increase in capital expenditures in the current year-to-date
period when compared to last years year-to-date period was primarily related to new, relocated,
remodeled and expanded Chicos/Soma and WH|BM stores, partially offset by decreased distribution
center improvements.
Financing Activities
Net cash used in financing activities was $36.7 million during the thirty-nine weeks ended
October 30, 2010 compared to net cash provided by financing activities of $5.3 million for the
thirty-nine weeks ended October 31, 2009.
Through the first nine months of fiscal 2010, we declared three quarterly $0.04 per share cash
dividend payments on our common stock totaling $21.4 million and repurchased $18.3 million of our
common stock through the share repurchase program announced in August 2010. In the current and
prior year-to-date periods, we received proceeds from both the issuance of common stock related to
option exercises and employee participation in our employee stock purchase plan.
During the first nine months of fiscal 2010, we had 64 net store openings consisting of 35
Soma net openings, 15 Chicos net openings and 14 WH|BM net openings. Currently, we expect our
overall square footage in fiscal 2010 to increase approximately 6%, reflecting approximately 14-16
net openings of Chicos stores, 13-15 net openings of WH|BM stores, approximately 40 net openings
of Soma stores (which does not include Soma sister stores) and 14-16 relocations/expansions. We
continuously evaluate the appropriate new store growth rate in light of economic conditions and may
adjust the growth rate as conditions require or as opportunities arise.
We believe that the liquidity needed for new stores (including the continued investment
associated with the Soma brand), our continuing store remodel/expansion program, investments in
improvements and expansions of our NSSC and distribution centers, continued installation and
upgrading of new and existing software packages and related hardware, and investment in inventory
levels associated with our growth will be funded primarily from cash flow from operations and our
existing cash and marketable securities balances, and, if necessary, the capacity included in our
bank credit facility.
At the beginning of fiscal 2010, we completed the second major phase of our multi-year,
planned implementation of our enterprise resource planning (ERP) system. We are currently
utilizing this system in all of our brands. The third major phase includes on-going enhancements
and optimization of the new ERP across all three brands, as well as the deployment of additional
functionality.
In fiscal 2009, we purchased JDA Enterprise Planning, JDA Assortment Planning and JDA
Allocation software applications instead of previously planned implementations of related SAP
applications and revised our roll out plan accordingly. We completed the implementation of the
allocation functionality during fiscal 2009, installed enterprise planning in 2010 and are
currently working on implementing the additional JDA planning applications over the next 18-24
months.
Given our existing cash and marketable securities balances and the capacity included in our
bank credit facility, we do not believe that we will need to seek other sources of financing to
conduct our operations, pay future dividends, repurchase shares under our recently announced
program or pursue our expansion plans even if cash flow from operations should prove to be less
than anticipated or if there should arise a need for additional letter of credit capacity due to
establishing new and expanded sources of supply, or if we were to increase the number of new stores
planned to be opened in future periods.
Critical Accounting Policies and Estimates
The discussion and analysis of our financial condition and results of operations are based
upon the consolidated financial statements, which have been prepared in accordance with accounting
principles generally accepted in the United States. The preparation of consolidated financial
statements requires us to make estimates and judgments that affect the reported amounts of assets,
liabilities, revenue and expenses, and related disclosure of contingent assets and liabilities. We
base our estimates on historical experience and on various other assumptions that are believed to
be reasonable under the circumstances, the results of which form the basis for making judgments
about the carrying values of assets and liabilities that are not readily apparent from other
sources. Actual results may differ from these estimates under different assumptions or conditions.
Management has discussed the development and selection of these critical accounting policies and
estimates with the Audit Committee of our Board of Directors, and believes the assumptions and
estimates, as set forth in our Annual Report on Form 10-K for the fiscal year ended January 30,
2010, are significant to reporting our results of operations and financial position. There have
been no material changes to our critical accounting policies as disclosed in our Annual Report on
Form 10-K for the fiscal year ended January 30, 2010.
Our operations are influenced by general economic conditions. Historically, inflation has not
had a material effect on the results of operations.
Quarterly Results and Seasonality
Our quarterly results may fluctuate significantly depending on a number of factors including
timing of new store openings, adverse weather conditions, the spring and fall fashion lines and
shifts in the timing of certain holidays. In addition, our periodic results can be directly and
significantly impacted by the extent to which new merchandise offerings are accepted by customers
and by the timing of the introduction of such merchandise.
Certain Factors That May Affect Future Results
This Form 10-Q may contain certain forward-looking statements within the meaning of Section
27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of
1934, as amended, which reflect our current views with respect to certain events that could have an
effect on our future financial performance, including but without limitation, statements regarding
future growth rates of our store concepts. The statements may address items such as future sales,
gross margin expectations, operating margin expectations, earnings per share expectations, planned
store openings, closings and expansions, future comparable store sales, future product sourcing
plans, inventory levels, planned marketing expenditures, planned capital expenditures and future
cash needs. In addition, from time to time, we may issue press releases and other written
communications, and our representatives may make oral statements, which contain forward-looking
information.
These statements, including those in this Form 10-Q and those in press releases or made
orally, may include the words expects, believes, and similar expressions. Except for
historical information, matters discussed in such oral and written statements, including this Form
10-Q, are forward-looking statements. These forward-looking statements are subject to various
risks and uncertainties that could cause actual results to differ materially from historical
results or those currently anticipated. Factors that could cause or contribute to such differences
include, but are not limited to, those discussed below and in Item 1A, Risk Factors in our Annual
Report on Form 10-K filed with the SEC on March 24, 2010.
These potential risks and uncertainties include the financial strength of retailing in
particular and the economy in general, the extent of financial difficulties that may be experienced
by customers, our ability to secure and maintain customer acceptance of styles and store concepts,
the propriety of inventory mix and sizing, the quality of merchandise received from suppliers, the
extent and nature of competition in the markets in which we operate, the extent of the market
demand and overall level of spending for womens private branded clothing and related accessories,
the adequacy and perception of customer service, the ability to coordinate product development with
buying and planning, the ability of our suppliers to timely produce and deliver clothing and
accessories, the changes in the costs of manufacturing, labor and advertising, the rate of new
store openings, the buying publics acceptance of any of our new store concepts, the performance,
implementation and integration of management information systems, the ability to hire, train,
energize and retain qualified sales associates and other employees, the availability of quality
store sites, the ability to expand our NSSC, distribution centers and other support facilities in
an efficient and effective manner, the ability to hire and train qualified managerial employees,
the ability to effectively and efficiently establish and operate DTC sales operations, the ability
to secure and protect trademarks and other intellectual property rights, the ability to effectively
and efficiently operate the Chicos, WH|BM, and Soma merchandise divisions, risks associated with
terrorist activities, risks associated with natural disasters such
as hurricanes and other risks. In addition, there are potential risks and uncertainties that
are peculiar to our reliance on sourcing from foreign suppliers, including the impact of work
stoppages, transportation delays and other interruptions, political or civil instability,
imposition of and changes in tariffs and import and export controls such as import quotas, changes
in governmental policies in or towards foreign countries, currency exchange rates and other similar
factors.
The forward-looking statements included herein are only made as of the date of this Quarterly
Report on Form 10-Q. We undertake no obligation to publicly update or revise any forward-looking
statements, whether as a result of new information, future events or otherwise.
Litigation
In the normal course of business, we are subject to proceedings, lawsuits and other claims
including proceedings under laws and government regulations relating to labor, product,
intellectual property and other matters. Such matters are subject to many uncertainties, and
outcomes are not predictable with assurance. Consequently, the ultimate aggregate amount of
monetary liability or financial impact with respect to these matters at October 30, 2010, cannot be
ascertained. Although these matters could affect the operating results of any one quarter when
resolved in future periods, and although there can be no assurance with respect thereto, management
believes that, after final disposition, any monetary liability or financial impact to us would not
be material to the annual consolidated financial statements.
ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK
The market risk of our financial instruments as of October 30, 2010 has not significantly
changed since January 30, 2010. We are exposed to market risk from changes in interest rates on
any future indebtedness and our marketable securities.
Our exposure to interest rate risk relates in part to our revolving line of credit with our
bank. However, as of October 30, 2010, we did not have any outstanding borrowings on our line of
credit and, given our current liquidity position, do not expect to utilize our line of credit in
the foreseeable future except for the continuing use of the letter of credit facility portion
thereof.
Our investment portfolio is maintained in accordance with our investment policy which
identifies allowable investments, specifies credit quality standards and limits the credit exposure
of any single issuer. Our investment portfolio consists of cash equivalents and marketable
securities, including variable rate demand notes, which are considered highly liquid, variable rate
municipal debt securities, municipal bonds, asset-backed securities, corporate bonds, and U.S.
treasury securities. Although the variable rate demand notes, totaling $273.2 million as of
October 30, 2010, have long-term maturity dates ranging from 2011 to 2048, the interest
rates generally reset weekly. Despite the long-term nature of the underlying securities of the
variable rate demand notes, we have the ability to quickly liquidate or put back these securities.
The remainder of the portfolio, as of October 30, 2010 consisted of $57.5 million of securities
with maturity dates less than one year and $152.9 million with maturity dates over one year and
less than or equal to three years. We consider all available-for-sale securities, including those
with maturity dates beyond 12 months, as available to support current operational liquidity needs
and therefore classify these securities as short-term investments within current assets on the
consolidated balance sheets. As of October 30, 2010, an increase of 100 basis points in interest
rates would reduce the fair value of our marketable securities portfolio by approximately $2.6
million. Conversely, a reduction of 100 basis points in interest rates would increase the fair
value of our marketable securities portfolio by approximately $2.0 million.
Our disclosure controls and procedures are designed to provide reasonable assurance that
information required to be disclosed in our reports under the Securities and Exchange Act of 1934,
as amended, is recorded, processed, summarized and reported within the time periods specified in
the SECs rules and forms.
As of the end of the period covered by this report, an evaluation was carried out under the
supervision and with the participation of management, including our Chief Executive Officer and
Chief Financial Officer, of the effectiveness of the design and operation of our disclosure
controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e) under the Securities and
Exchange Act of 1934, as amended). Based upon that evaluation, the Chief Executive Officer and
Chief Financial Officer concluded that, as of the end of such period, our disclosure controls and
procedures were effective in providing reasonable assurance in timely alerting them to material
information relating to us (including our consolidated subsidiaries) and that information required
to be disclosed in our reports is recorded, processed, summarized, and reported as required to be
included in our periodic SEC filings.
Changes in Internal Controls
There were no significant changes in our internal controls or in other factors that could
significantly affect our disclosure controls and procedures subsequent to the date of the above
referenced evaluation. Furthermore, there was no change in our internal control over financial
reporting or in other factors during the quarterly period covered by this report that has
materially affected, or is reasonably likely to materially affect, our internal control over
financial reporting.
We are not currently a party to any legal proceedings, other than various claims and lawsuits
arising in the normal course of business, none of which we believe should have a material adverse
effect on our financial condition or results of operations.
ITEM 1A. RISK FACTORS
In addition to the other information discussed in this report, the factors described in Part
I, Item 1A., Risk Factors in our 2009 Annual Report on Form 10-K filed with the SEC on March 24,
2010 should be considered as they could materially affect our business, financial condition or
future results. There have not been any significant changes with respect to the risks described in
our 2009 Form 10-K, but these are not the only risks facing our company. Additional risks and
uncertainties not currently known to us or that we currently deem to be immaterial also may
adversely affect our business, financial condition or operating results.
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
The following table sets forth information concerning our purchases of common stock for the
periods indicated (dollar amounts in thousands, except per share amounts):
Approximate Dollar
Value of Shares
Total Number of
that May Yet Be
Shares Purchased as
Purchased Under the
Total Number of
Average Price Paid
Part of Publicly
Publicly Announced
Period
Shares Purchased(a)
per Share
Announced Plans
Plans
August 1, 2010 to August 28, 2010
873,222
$
8.79
870,000
$
192,359
August 29, 2010 to October 2, 2010
1,230,591
$
8.72
1,226,300
$
181,662
October 3, 2010 to October 30, 2010
$
$
181,662
Total
2,103,813
$
8.75
2,096,300
$
181,662
(a)
Includes 7,513 shares of restricted stock repurchased in connection with
employee tax withholding obligations under employee compensation plans, which are not
purchases under any publicly announced plan.
The following documents are filed as exhibits to this Quarterly Report on Form
10-Q (exhibits marked with an asterisk have been previously filed with the Commission as
indicated and are incorporated herein by this reference):
Exhibit 31.1
Chicos FAS, Inc. and Subsidiaries Certification Pursuant to Section 302
of the Sarbanes-Oxley Act of 2002 Chief Executive Officer
Exhibit 31.2
Chicos FAS, Inc. and Subsidiaries Certification Pursuant
to Section 302 of the Sarbanes-Oxley Act of 2002 Chief
Financial Officer
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
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
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.
CHICOS FAS, INC.
Date: November 24, 2010
By:
/s/ David F. Dyer
David F. Dyer
President and Chief Executive Officer
(Principal Executive Officer)
Date: November 24, 2010
By:
/s/ Kent A. Kleeberger
Kent A. Kleeberger Executive Vice President
Chief Financial Officer and Treasurer
(Principal Financial and Accounting Officer)
28
EX-31.1
2
g25369exv31w1.htm
EX-31.1
exv31w1
Exhibit 31.1
CHICOS FAS, INC. AND SUBSIDIARIES CERTIFICATION PURSUANT TO SECTION 302 OF
THE SARBANES-OXLEY ACT OF 2002
CERTIFICATION
I, David F. Dyer, certify that:
1.
I have reviewed this quarterly report on Form 10-Q of Chicos FAS, Inc. for the period
ended October 30, 2010;
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 registrants 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 registrants 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 registrants internal control
over financial reporting that occurred during the registrants most recent fiscal
quarter (the registrants fourth fiscal quarter in the case of an annual report)
that has materially affected, or is reasonably likely to materially affect, the
registrants internal control over financial reporting; and
5.
The registrants other certifying officer and I have disclosed, based on our most
recent evaluation of internal control over financial reporting, to the registrants
auditors and the audit committee of the registrants 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 registrants 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 registrants internal control over
financial reporting.
Date: November 24, 2010
/s/ David F. Dyer
Name:
David F. Dyer
Title:
President and Chief Executive Officer
EX-31.2
3
g25369exv31w2.htm
EX-31.2
exv31w2
Exhibit 31.2
CHICOS
FAS, INC. AND SUBSIDIARIES CERTIFICATION PURSUANT TO SECTION 302 OF THE
SARBANES-OXLEY ACT OF 2002
CERTIFICATION
I, Kent A. Kleeberger, certify that:
1.
I have reviewed this quarterly report on Form 10-Q of Chicos FAS, Inc. for the period
ended October 30, 2010;
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 registrants 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 registrants 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 registrants internal control
over financial reporting that occurred during the registrants most recent fiscal
quarter (the registrants fourth fiscal quarter in the case of an annual report)
that has materially affected, or is reasonably likely to materially affect, the
registrants internal control over financial reporting; and
5.
The registrants other certifying officer and I have disclosed, based on our most
recent evaluation of internal control over financial reporting, to the registrants
auditors and the audit committee of the registrants 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 registrants 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 registrants internal control over
financial reporting.
Date: November 24, 2010
/s/ Kent A. Kleeberger
Name:
Kent A. Kleeberger
Title:
Executive Vice President
Chief Financial Officer and Treasurer
EX-32.1
4
g25369exv32w1.htm
EX-32.1
exv32w1
Exhibit 32.1
Certification Pursuant To 18 U.S.C. Section 1350,
As Adopted Pursuant To
Section 906 Of The Sarbanes-Oxley Act Of 2002
I, David F. Dyer, President and Chief Executive Officer of Chicos FAS, Inc. (the Company)
certify, pursuant to 18 U.S.C. section 1350, as adopted pursuant to section 906 of the
Sarbanes-Oxley Act of 2002, that to the best of my knowledge:
(1)
The Quarterly Report of the Company on Form 10-Q for the period ended October 30,
2010 as filed with the Securities and Exchange Commission on the date hereof (the
Report) fully complies with the requirements of section 13(a) or 15(d) of the
Securities Exchange Act of 1934; and
(2)
The information contained in the Report fairly presents, in all material
respects, the financial condition and results of operations of the Company.
/s/ David F. Dyer
David F. Dyer
President and Chief Executive Officer
Date: November 24,2010
EX-32.2
5
g25369exv32w2.htm
EX-32.2
exv32w2
Exhibit 32.2
Certification Pursuant To 18 U.S.C. Section 1350,
As Adopted Pursuant To
Section 906 Of The Sarbanes-Oxley Act Of 2002
I, Kent A. Kleeberger, Executive Vice President Chief Financial Officer and Treasurer of
Chicos FAS, Inc. (the Company) certify, pursuant to 18 U.S.C. section 1350, as adopted pursuant
to section 906 of the Sarbanes-Oxley Act of 2002, that to the best of my knowledge:
(1)
The Quarterly Report of the Company on Form 10-Q for the period ended October 30,
2010 as filed with the Securities and Exchange Commission on the date hereof (the
Report) fully complies with the requirements of section 13(a) or 15(d) of the
Securities Exchange Act of 1934; and
(2)
The information contained in the Report fairly presents, in all material
respects, the financial condition and results of operations of the Company.
/s/ Kent A. Kleeberger
Kent A. Kleeberger
Executive Vice President
Chief Financial Officer and Treasurer
Date: November 24,2010
EX-101.INS
6
chs-20101030.xml
EX-101 INSTANCE DOCUMENT
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<p style="text-align: justify; text-indent: 0in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt; font-weight: bold;" class="MsoBodyTextIndent2">Note 8. Share Repurchase Program</p>
<p style="text-align: justify; text-indent: 0in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt; font-weight: bold;" class="MsoBodyTextIndent2"> </p>
<p style="text-align: justify; text-indent: 0in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt; font-weight: bold;" class="MsoBodyTextIndent2"> <font style="font-weight: normal;" class="_mt">In August 2010, our Board of Directors authorized the repurchase of up to $200 million of our outstanding common stock through January 2013. During the third quarter, we repurchased 2,096,300 shares, at a total cost of approximately $18.3 million, under this program. However, we have no continuing obligation to repurchase shares under this authorization, and the timing, actual number and value of any additional shares to be purchased will depend on the performance of our stock price, market conditions and other considerations.</font></p> </div>
202425000197294000141843000false--01-29Q320102010-10-3010-Q0000897429177602803Large Accelerated FilerCHICOS FAS INC9723800079219000100650000584500039220004901000123069000958620001083770003869990003838440004473540002440004040006900002661120002681090002792270001481210008220700013026000082200001352613000131880300014099090006215860005999800007401660008406200082169000872460002654900060985000370430002193000034436000-15113000000.1201779000178100017760005557130001895850006141280002079550009394000298280001951700019625000199050007524000966400014347000393980003632100010270007240700070218000<div>
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><b>Note 2. Impairment Charges</b></p>
<p style="text-align: justify; line-height: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><b> </b> </p>
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><b> </b><i>Long-Lived Assets</i></p>
<p style="text-align: justify; line-height: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><b> </b> </p>
<p style="text-align: justify; text-indent: 0.5in; margin: 0in -2.3pt 0pt 0in; font-family: 'Times New Roman','serif'; font-size: 12pt; font-weight: bold;" class="MsoBodyText"><font style="font-weight: normal;" class="_mt">During our quarterly reviews for impairment in the first quarter of fiscal 2010 and the second quarter of fiscal 2009, we completed evaluations of long-lived assets at certain underperforming stores for indicators of impairment and, as a result, determined that the carrying values of certain assets exceeded their future undiscounted cash flows. We then determined the fair value of these assets by discounting their future cash flows using a rate approximating our cost of capital, which resulted in an impairment charge of approximately $0.8 million and $1.1 million in the first quarter of fiscal 2010 and second quarter of fiscal 2009, respectively. </font></p>
<p style="text-align: justify; line-height: 10pt; text-indent: 0.5in; margin: 0in -2.15pt 0pt 0in; font-family: 'Times New Roman','serif'; font-size: 12pt; font-weight: bold;" class="MsoBodyText"><font style="font-weight: normal;" class="_mt"> </font> </p>
<p style="text-align: justify; text-indent: 0.5in; margin: 0in -2.3pt 0pt 0in; font-family: 'Times New Roman','serif'; font-size: 12pt; font-weight: bold;" class="MsoBodyText"><font style="font-weight: normal;" class="_mt">During the </font><font style="font-weight: normal;" class="_mt">first quarter of fiscal 2009, we incurred non-cash impairment charges totaling approximately $8.1 million which are included in our consolidated statements of income within selling, general and administrative expenses. The impairments were related to the write-off of development costs for software applications that reflected our decision to deploy alternative inventory planning and allocation software.</font></p>
<p style="text-align: justify; line-height: 11pt; text-indent: 0.5in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><i> </i> </p>
<p style="text-align: justify; line-height: 10pt; text-indent: 0.5in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><i>Note Receivable</i><b> </b></p>
<p style="text-align: justify; text-indent: 0.5in; margin: 0in -2.3pt 0pt 0in; font-family: 'Times New Roman','serif'; font-size: 12pt; font-weight: bold;" class="MsoBodyText"><font style="font-weight: normal;" class="_mt"> </font> </p>
<p style="text-align: justify; text-indent: 0.5in; margin: 0in -2.3pt 0pt 0in; font-family: 'Times New Roman','serif'; font-size: 12pt; font-weight: bold;" class="MsoBodyText"><font style="font-weight: normal;" class="_mt">In fiscal 2007, we sold a parcel of land for $39.7 million consisting of approximately $13.4 million in cash proceeds, net of closing costs, and a note receivable with a principal amount of approximately $25.8 million due on August 1, 2009 which was secured by a purchase money mortgage. </font><font style="font-weight: normal;" class="_mt"> </font></p>
<p style="text-align: justify; line-height: 12pt; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><i> </i> </p>
<p style="text-align: justify; text-indent: 0.5in; margin: 0in -2.3pt 0pt 0in; font-family: 'Times New Roman','serif'; font-size: 12pt; font-weight: bold;" class="MsoBodyText"><font style="font-weight: normal;" class="_mt">During the second quarter of fiscal 2009, we determined, based on an independent evaluation of the fair value of the underlying collateral and coupled with the debtor's apparent inability to pay the note in full, that the loan was impaired. As a result, we recorded a non-cash impairment charge of approximately $3.8 million, which was determined based on the difference between the book value of the note and the independent evaluation of the fair value of the land at that time. During the fourth quarter of fiscal 2009, based on an updated third-party valuation of the land, we determined that the fair value of the land had declined further and an additional $2.0 million impairment charge was necessary to adjust the note to its current fair value, less estimated
costs to sell. Additionally, upon determining the note was impaired, we ceased recognizing any further interest income and also reversed year-to-date interest income of approximately $0.8 million. </font><font style="font-weight: normal;" class="_mt">On May 4, 2010, we took possession of the land in satisfaction of the note receivable and classified the land within property, plant and equipment on our balance sheet.</font></p> </div><div>
<h1 style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt; font-weight: normal;"><b><font style="text-decoration: none; text-underline: none;" class="_mt">Note 5. Stock-Based Compensation</font></b></h1>
<h2 style="line-height: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;"> </h2>
<h3 style="font-style: italic; text-indent: 0.5in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt; font-weight: normal;">General</h3>
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p>
<p style="text-align: justify; text-indent: 0.5in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal">Stock-based compensation award expense recognized during the thirteen and thirty-nine weeks ended October 30, 2010 and October 31, 2009 consists of compensation expense for all share-based awards granted and is based on the grant date fair value estimated in accordance with the relevant accounting guidance. </p>
<h3 style="line-height: 10pt; font-style: italic; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt; font-weight: normal;"> </h3>
<p style="text-align: justify; text-indent: 0.5in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal">For the thirty-nine weeks ended October 30, 2010 and October 31, 2009, stock-based compensation expense was $8.9 million and $6.5 million, respectively, and for the thirteen weeks ended October 30, 2010 and October 31, 2009, stock-based compensation was $2.9 million and $2.4 million, respectively. The total tax benefit associated with stock-based compensation for the thirty-nine weeks ended October 30, 2010 and October 31, 2009 was $3.4 million and $2.5 million, respectively, and for the thirteen weeks ended October 30, 2010 and October 31, 2009, the total tax benefit associated with stock-based compensation was $1.1 million and $0.9 million, respectively. We recognize stock-based compensation costs net of a forfeiture rate for only those shares expected to vest and on a straight-line basis over the requisite service period of the award.
</p>
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"><b> </b> </p>
<h3 style="font-style: italic; text-indent: 0.5in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt; font-weight: normal;">Methodology Assumptions</h3>
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p>
<p style="text-align: justify; text-indent: 0.5in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal">We use the Black-Scholes option-pricing model to value our stock options. Using this option-pricing model, the fair value of each stock option award is estimated on the date of grant. The fair value of our stock option awards, which are subject to pro-rata vesting generally over 3 years, is expensed on a straight-line basis over the vesting period of the stock options. The expected volatility assumption inherent in the pricing model is based on the historical volatility of our stock over a term equal to the expected term of the option granted. The expected term of stock option awards granted is derived from historical exercise experience under our stock option plans and represents the period of time that stock option awards granted are expected to be outstanding. </p>
<p style="text-align: justify; text-indent: 0.5in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p>
<p style="text-align: justify; text-indent: 0.5in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal">The expected term assumption incorporates the contractual term of an option grant, which is generally ten years, as well as the vesting period of an award, which is generally pro-rata vesting over 3 years. The risk-free interest rate is based on the implied yield on a U.S. Treasury constant maturity with a remaining term equal to the expected term of the option granted. The expected dividend yield is based on the expected annual dividend divided by the market price of our common stock at the time of declaration. </p>
<p style="text-align: justify; line-height: 9pt; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p>
<p style="text-align: justify; line-height: 10pt; text-indent: 0.5in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoBodyText2"> </p>
<p style="text-align: justify; text-indent: 0.5in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoBodyText2">The weighted average assumptions relating to the valuation of our stock options for the thirty-nine and thirteen weeks ended October 30, 2010 and October 31, 2009 were as follows:</p>
<p style="text-align: justify; line-height: 9pt; text-indent: 0.5in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoBodyText2"> </p>
<table style="width: 516pt; border-collapse: collapse; font-family: 'Calibri','sans-serif'; margin-left: 5.4pt; font-size: 11pt;" class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="688">
<tr><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 2.5in; padding-right: 5.4pt; padding-top: 0in;" valign="bottom" width="240">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 168pt; padding-right: 5.4pt; padding-top: 0in;" valign="top" width="224" colspan="2">
<h3 style="text-align: center; font-style: italic; margin: 0in 0in 0pt 0.05in; font-family: 'Times New Roman','serif'; font-size: 12pt; font-weight: normal;" align="center"><b><u><font style="font-style: normal; font-size: 9pt;" class="_mt">Thirty-Nine Weeks Ended</font></u></b></h3></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 168pt; padding-right: 5.4pt; padding-top: 0in;" valign="top" width="224" colspan="2">
<h3 style="text-align: center; font-style: italic; margin: 0in 0in 0pt 0.05in; font-family: 'Times New Roman','serif'; font-size: 12pt; font-weight: normal;" align="center"><b><u><font style="font-style: normal; font-size: 9pt;" class="_mt">Thirteen Weeks Ended</font></u></b></h3></td></tr>
<tr><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 2.5in; padding-right: 5.4pt; padding-top: 0in;" valign="bottom" width="240">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 84pt; padding-right: 5.4pt; padding-top: 0in;" valign="top" width="112">
<h3 style="text-align: center; font-style: italic; margin: 0in 0in 0pt 0.05in; font-family: 'Times New Roman','serif'; font-size: 12pt; font-weight: normal;" align="center"><b><u><font style="font-style: normal; font-size: 9pt;" class="_mt">October 30, 2010</font></u></b></h3></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 84pt; padding-right: 5.4pt; padding-top: 0in;" valign="top" width="112">
<h3 style="text-align: center; font-style: italic; margin: 0in 0in 0pt 0.05in; font-family: 'Times New Roman','serif'; font-size: 12pt; font-weight: normal;" align="center"><b><u><font style="font-style: normal; font-size: 9pt;" class="_mt">October 31, 2009</font></u></b></h3></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 84pt; padding-right: 5.4pt; padding-top: 0in;" valign="top" width="112">
<h3 style="text-align: center; font-style: italic; margin: 0in 0in 0pt 0.05in; font-family: 'Times New Roman','serif'; font-size: 12pt; font-weight: normal;" align="center"><b><u><font style="font-style: normal; font-size: 9pt;" class="_mt">October 30, 2010</font></u></b></h3></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 84pt; padding-right: 5.4pt; padding-top: 0in;" valign="top" width="112">
<h3 style="text-align: center; font-style: italic; margin: 0in 0in 0pt 0.05in; font-family: 'Times New Roman','serif'; font-size: 12pt; font-weight: normal;" align="center"><b><u><font style="font-style: normal; font-size: 9pt;" class="_mt">October 31, 2009</font></u></b></h3></td></tr>
<tr><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 2.5in; padding-right: 5.4pt; padding-top: 0in;" valign="bottom" width="240">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 11pt;" class="_mt">Weighted average fair value of grants</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 84pt; padding-right: 5.4pt; padding-top: 0in;" width="112">
<p style="line-height: 93%; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 8pt;" class="xl23"><font style="line-height: 93%; font-size: 11pt;" class="_mt"> $6.70</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 84pt; padding-right: 5.4pt; padding-top: 0in;" width="112">
<p style="text-align: justify; line-height: 93%; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 8pt;" class="xl23"><font style="line-height: 93%; font-size: 11pt;" class="_mt"> $2.50</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 84pt; padding-right: 5.4pt; padding-top: 0in;" width="112">
<p style="line-height: 93%; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 8pt;" class="xl23"><font style="line-height: 93%; font-size: 11pt;" class="_mt"> $4.27</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 84pt; padding-right: 5.4pt; padding-top: 0in;" width="112">
<p style="line-height: 93%; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 8pt;" class="xl23"><font style="line-height: 93%; font-size: 11pt;" class="_mt"> $7.14</font></p></td></tr>
<tr><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 2.5in; padding-right: 5.4pt; padding-top: 0in;" valign="bottom" width="240">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 11pt;" class="_mt">Expected volatility</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 84pt; padding-right: 5.4pt; padding-top: 0in;" width="112">
<p style="line-height: 93%; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 8pt;" class="xl23"><font style="line-height: 93%; font-size: 11pt;" class="_mt"> 66%</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 84pt; padding-right: 5.4pt; padding-top: 0in;" width="112">
<p style="line-height: 93%; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 8pt;" class="xl23"><font style="line-height: 93%; font-size: 11pt;" class="_mt"> 62%</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 84pt; padding-right: 5.4pt; padding-top: 0in;" width="112">
<p style="line-height: 93%; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 8pt;" class="xl23"><font style="line-height: 93%; font-size: 11pt;" class="_mt"> 67%</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 84pt; padding-right: 5.4pt; padding-top: 0in;" width="112">
<p style="line-height: 93%; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 8pt;" class="xl23"><font style="line-height: 93%; font-size: 11pt;" class="_mt"> 66%</font></p></td></tr>
<tr><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 2.5in; padding-right: 5.4pt; padding-top: 0in;" valign="bottom" width="240">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 11pt;" class="_mt">Expected term (years)</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 84pt; padding-right: 5.4pt; padding-top: 0in;" width="112">
<p style="line-height: 93%; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 8pt;" class="xl23"><font style="line-height: 93%; font-size: 11pt;" class="_mt"> 4.5</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 84pt; padding-right: 5.4pt; padding-top: 0in;" width="112">
<p style="text-align: center; line-height: 93%; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 8pt;" class="xl23" align="center"><font style="line-height: 93%; font-size: 11pt;" class="_mt"> 4.5</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 84pt; padding-right: 5.4pt; padding-top: 0in;" width="112">
<p style="line-height: 93%; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 8pt;" class="xl23"><font style="line-height: 93%; font-size: 11pt;" class="_mt"> 4.5</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 84pt; padding-right: 5.4pt; padding-top: 0in;" width="112">
<p style="line-height: 93%; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 8pt;" class="xl23"><font style="line-height: 93%; font-size: 11pt;" class="_mt"> 4.5</font></p></td></tr>
<tr><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 2.5in; padding-right: 5.4pt; padding-top: 0in;" valign="bottom" width="240">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 11pt;" class="_mt">Risk-free interest rate</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 84pt; padding-right: 5.4pt; padding-top: 0in;" width="112">
<p style="line-height: 93%; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 8pt;" class="xl23"><font style="line-height: 93%; font-size: 11pt;" class="_mt"> 2.0%</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 84pt; padding-right: 5.4pt; padding-top: 0in;" width="112">
<p style="text-align: center; line-height: 93%; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 8pt;" class="xl23" align="center"><font style="line-height: 93%; font-size: 11pt;" class="_mt"> 1.8%</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 84pt; padding-right: 5.4pt; padding-top: 0in;" width="112">
<p style="text-align: center; line-height: 93%; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 8pt;" class="xl23" align="center"><font style="line-height: 93%; font-size: 11pt;" class="_mt"> 1.2%</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 84pt; padding-right: 5.4pt; padding-top: 0in;" width="112">
<p style="line-height: 93%; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 8pt;" class="xl23"><font style="line-height: 93%; font-size: 11pt;" class="_mt"> 2.2%</font></p></td></tr>
<tr><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 2.5in; padding-right: 5.4pt; padding-top: 0in;" valign="bottom" width="240">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 11pt;" class="_mt">Expected dividend yield</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 84pt; padding-right: 5.4pt; padding-top: 0in;" width="112">
<p style="line-height: 93%; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="line-height: 93%; font-size: 11pt;" class="_mt"> 1.1%</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 84pt; padding-right: 5.4pt; padding-top: 0in;" width="112">
<p style="text-align: center; line-height: 93%; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"><font style="line-height: 93%; font-size: 11pt;" class="_mt"> N/A</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 84pt; padding-right: 5.4pt; padding-top: 0in;" width="112">
<p style="line-height: 93%; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="line-height: 93%; font-size: 11pt;" class="_mt"> 1.8%</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 84pt; padding-right: 5.4pt; padding-top: 0in;" width="112">
<p style="line-height: 93%; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="line-height: 93%; font-size: 11pt;" class="_mt"> N/A</font></p></td></tr></table>
<p style="line-height: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><i> </i> </p>
<p style="line-height: 10pt; text-indent: 0.5in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><i>Performance-based Awards</i></p>
<p style="line-height: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p>
<p style="text-align: justify; text-indent: 0.5in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal">In fiscal 2009, we granted David F. Dyer, our President and Chief Executive Officer, a performance award under which he was eligible to receive <font style="color: black;" class="_mt">up to 133,333 shares, contingent upon the achievement of certain Company-specific performance goals in fiscal 2009. At the time of the grant, 100,000 shares, which represented the targeted number of shares under the grant, were issued to Mr. Dyer as restricted shares. The grant provided for vesting of all performance shares issued (whether issued at the time of grant or as additional shares earned at the end of the performance measurement period) three years from the date of grant. After the end of fiscal 2009, our Board's Compensation and Benefits Committee determined that the Company had achieved the performance goals and that Mr. Dyer ear
ned 133,333 shares. Accordingly, in the first quarter of fiscal 2010, we issued Mr. Dyer 33,333 restricted shares, which were in addition to the 100,000 restricted shares issued to him at the time of the fiscal 2009 grant. We account for the award by recording compensation expense, based on the 133,333 shares earned, on a straight-line basis over the 3-year service period. </font></p>
<p style="text-align: justify; line-height: 9pt; text-indent: 0.5in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p>
<p style="text-align: justify; text-indent: 0.5in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="color: black;" class="_mt">In the first quarter of fiscal 2010, a new performance-based stock award was granted to Mr. Dyer. Similar to the 2009 grant, under this </font>performance award, Mr. Dyer is eligible to receive <font style="color: black;" class="_mt">up to 133,333 shares, contingent upon the achievement of certain Company-specific performance goals during fiscal 2010. At the time of the grant, 100,000 shares, which represented the targeted number of shares under the grant, were issued to Mr. Dyer as restricted shares. Any shares earned as a result of the achievement of such goals (whether issued at the time of grant or as additional shares earned at the end of the performance measurement period) will vest two years from the date of grant. We are recording compensation expense,
based on the number of shares ultimately expected to vest, recognized on a straight-line basis over the 2-year service period. Additionally, we reevaluate the amount of compensation expected to be earned at the end of each reporting period and record an adjustment, if necessary.</font> </p>
<p style="text-align: justify; line-height: 9pt; text-indent: 0.5in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p>
<p style="text-align: justify; text-indent: 0.5in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal">In the first quarter of fiscal 2010, certain of our executive officers were also granted Performance Stock Units ("PSU"). Each PSU award has the ability to be converted into shares on the second anniversary of the grant date upon the achievement of certain Company-specific performance goals for fiscal 2011. Based on the level of achievement of the performance goals, the participants in this award may earn up to 100% of the units awarded. Similar to the performance awards granted to Mr. Dyer, compensation cost is recognized on a straight-line basis over the vesting period, <font style="color: black;" class="_mt">based on the number of units ultimately expected to vest</font> and depending on the level and likelihood of the performance condition being met. <font style="color: black;" class="_mt"> Additi
onally, we reevaluate the amount of compensation expected to be earned at the end of each reporting period and record an adjustment, if necessary.</font> </p>
<p style="text-align: justify; line-height: 5pt; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoBodyText2"> </p>
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoBodyText2"><i> </i> </p>
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoBodyText2"><i> Stock-Based Compensation Activity</i></p>
<p style="text-align: justify; line-height: 9pt; text-indent: 0.5in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoBodyText2"> </p>
<p style="text-align: justify; text-indent: 0.5in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoBodyText2">As of October 30, 2010, 6,590,794 nonqualified options are outstanding at a weighted average exercise price of $12.89 per share. The following table presents a summary of our stock options activity for the thirty-nine weeks ended October 30, 2010: </p>
<p style="text-align: justify; line-height: 5pt; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoBodyText2"> </p>
<p style="text-align: justify; line-height: 5pt; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoBodyText2"> </p>
<table style="width: 369.5pt; border-collapse: collapse; font-family: 'Calibri','sans-serif'; margin-left: 11.4pt; font-size: 11pt;" class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="493">
<tr style="height: 0.3in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 2.5in; padding-right: 5.4pt; height: 0.3in; padding-top: 0in;" valign="bottom" width="240">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p>
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 5.4pt; width: 88.1pt; padding-right: 5.4pt; height: 0.3in; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="top" width="117">
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoFooter" align="center"> </p>
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoFooter" align="center"><b><font style="font-size: 9pt;" class="_mt">Number of Shares</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 13.9pt; padding-right: 5.4pt; height: 0.3in; padding-top: 0in;" valign="top" width="19">
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 5.4pt; width: 87.5pt; padding-right: 5.4pt; height: 0.3in; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="top" width="117">
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"><b><font style="font-size: 9pt;" class="_mt">Weighted Average Exercise Price<font style="background: silver;" class="_mt"> </font></font></b></p></td></tr>
<tr><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 2.5in; padding-right: 5.4pt; padding-top: 0in;" valign="bottom" width="240">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 11pt;" class="_mt">Outstanding, beginning of period</font></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 5.4pt; width: 88.1pt; padding-right: 5.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" width="117">
<p style="line-height: 93%; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="line-height: 93%; font-size: 11pt;" class="_mt"> 6,288,358</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 13.9pt; padding-right: 5.4pt; padding-top: 0in;" valign="top" width="19">
<p style="line-height: 93%; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 8pt;" class="xl23"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 5.4pt; width: 87.5pt; padding-right: 5.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" width="117">
<p style="line-height: 93%; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 8pt;" class="xl23"><font style="line-height: 93%; font-size: 11pt;" class="_mt">$12.54</font></p></td></tr>
<tr><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 2.5in; padding-right: 5.4pt; padding-top: 0in;" valign="bottom" width="240">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 11pt;" class="_mt"> Granted</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 88.1pt; padding-right: 5.4pt; padding-top: 0in;" width="117">
<p style="text-align: center; line-height: 93%; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"><font style="line-height: 93%; font-size: 11pt;" class="_mt"> 1,125,800<font style="background: silver;" class="_mt"> </font></font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 13.9pt; padding-right: 5.4pt; padding-top: 0in;" valign="top" width="19">
<p style="line-height: 93%; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 87.5pt; padding-right: 5.4pt; padding-top: 0in;" width="117">
<p style="line-height: 93%; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="line-height: 93%; font-size: 11pt;" class="_mt">13.34</font></p></td></tr>
<tr><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 2.5in; padding-right: 5.4pt; padding-top: 0in;" valign="bottom" width="240">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 11pt;" class="_mt"> Exercised</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 88.1pt; padding-right: 5.4pt; padding-top: 0in;" width="117">
<p style="text-align: center; line-height: 93%; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"><font style="line-height: 93%; font-size: 11pt;" class="_mt"> (315,015)<font style="background: silver;" class="_mt"> </font></font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 13.9pt; padding-right: 5.4pt; padding-top: 0in;" valign="top" width="19">
<p style="line-height: 93%; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 87.5pt; padding-right: 5.4pt; padding-top: 0in;" width="117">
<p style="line-height: 93%; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="line-height: 93%; font-size: 11pt;" class="_mt"> 4.45</font></p></td></tr>
<tr><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 2.5in; padding-right: 5.4pt; padding-top: 0in;" valign="bottom" width="240">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 11pt;" class="_mt"> Canceled or expired</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 88.1pt; padding-right: 5.4pt; padding-top: 0in;" width="117">
<p style="border-bottom: black 1px solid; text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"><font style="font-size: 11pt;" class="_mt"> (508,349)<font style="background: silver;" class="_mt"> </font></font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 13.9pt; padding-right: 5.4pt; padding-top: 0in;" valign="top" width="19">
<p style="line-height: 93%; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 87.5pt; padding-right: 5.4pt; padding-top: 0in;" width="117">
<p style="line-height: 93%; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="line-height: 93%; font-size: 11pt;" class="_mt">14.70</font></p></td></tr>
<tr><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 2.5in; padding-right: 5.4pt; padding-top: 0in;" valign="bottom" width="240">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 11pt;" class="_mt">Outstanding, end of period</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 88.1pt; padding-right: 5.4pt; padding-top: 0in;" width="117">
<p style="border-bottom: black 3px double; text-align: center; line-height: 93%; margin: 0in 4.7pt 0pt 0in; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"><font style="line-height: 93%; font-size: 11pt;" class="_mt"> 6,590,794<font style="background: silver;" class="_mt"> </font></font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 13.9pt; padding-right: 5.4pt; padding-top: 0in;" valign="top" width="19">
<p style="line-height: 93%; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 87.5pt; padding-right: 5.4pt; padding-top: 0in;" width="117">
<p style="line-height: 93%; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="line-height: 93%; font-size: 11pt;" class="_mt">12.89</font></p></td></tr>
<tr><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 2.5in; padding-right: 5.4pt; padding-top: 0in;" valign="bottom" width="240">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 11pt;" class="_mt">Exercisable at October 30, 2010</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 88.1pt; padding-right: 5.4pt; padding-top: 0in;" width="117">
<p style="border-bottom: black 3px double; text-align: center; line-height: 93%; margin: 0in 4.7pt 0pt 0in; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"><font style="line-height: 93%; font-size: 11pt;" class="_mt"> 3,553,583</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 13.9pt; padding-right: 5.4pt; padding-top: 0in;" valign="top" width="19">
<p style="line-height: 93%; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 87.5pt; padding-right: 5.4pt; padding-top: 0in;" width="117">
<p style="line-height: 93%; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="line-height: 93%; font-size: 11pt;" class="_mt"> 17.24</font></p></td></tr></table>
<p style="line-height: 9pt; text-indent: 0.5in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p>
<p style="text-indent: 0.5in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal">The following table presents a summary of our restricted stock activity for the thirty-nine weeks ended October 30, 2010:</p>
<table style="border-collapse: collapse; font-family: 'Calibri','sans-serif'; margin-left: 6.75pt; font-size: 11pt; margin-right: 6.75pt;" class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0">
<tr style="height: 0.3in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 2.5in; padding-right: 5.4pt; height: 0.3in; padding-top: 0in;" valign="bottom" width="240">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 5.4pt; width: 1.25in; padding-right: 5.4pt; height: 0.3in; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="top" width="120">
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoFooter" align="center"> </p>
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoFooter" align="center"> </p>
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoFooter" align="center"><b><font style="font-size: 9pt;" class="_mt">Number of Shares<font style="background: silver;" class="_mt"> </font></font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12pt; padding-right: 5.4pt; height: 0.3in; padding-top: 0in;" valign="top" width="16">
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 5.4pt; width: 84pt; padding-right: 5.4pt; height: 0.3in; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="top" width="112">
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"><b><font style="font-size: 9pt;" class="_mt">Weighted Average Grant Date Fair Value<font style="background: silver;" class="_mt"> </font></font></b></p></td></tr>
<tr><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 2.5in; padding-right: 5.4pt; padding-top: 0in;" valign="bottom" width="240">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 11pt;" class="_mt">Nonvested, beginning of period</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 1.25in; padding-right: 5.4pt; padding-top: 0in;" width="120">
<p style="text-align: center; line-height: 93%; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"><font style="line-height: 93%; font-size: 11pt;" class="_mt"> 816,677<font style="background: silver;" class="_mt"> </font></font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12pt; padding-right: 5.4pt; padding-top: 0in;" valign="top" width="16">
<p style="text-align: center; line-height: 93%; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 8pt;" class="xl23" align="center"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 84pt; padding-right: 5.4pt; padding-top: 0in;" width="112">
<p style="text-align: center; line-height: 93%; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 8pt;" class="xl23" align="center"><font style="line-height: 93%; font-size: 11pt;" class="_mt">$6.21<font style="background: silver;" class="_mt"> </font></font></p></td></tr>
<tr><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 2.5in; padding-right: 5.4pt; padding-top: 0in;" valign="bottom" width="240">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 11pt;" class="_mt"> Granted</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 1.25in; padding-right: 5.4pt; padding-top: 0in;" width="120">
<p style="line-height: 93%; text-indent: -12pt; margin: 0in 6.6pt 0pt 30.6pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="line-height: 93%; font-size: 11pt;" class="_mt"> 1,168,501<font style="background: silver;" class="_mt"> </font></font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12pt; padding-right: 5.4pt; padding-top: 0in;" valign="top" width="16">
<p style="text-align: center; line-height: 93%; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 84pt; padding-right: 5.4pt; padding-top: 0in;" width="112">
<p style="text-align: center; line-height: 93%; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"><font style="line-height: 93%; font-size: 11pt;" class="_mt">10.45<font style="background: silver;" class="_mt"> </font></font></p></td></tr>
<tr><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 2.5in; padding-right: 5.4pt; padding-top: 0in;" valign="bottom" width="240">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 11pt;" class="_mt"> Vested</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 1.25in; padding-right: 5.4pt; padding-top: 0in;" width="120">
<p style="text-align: center; line-height: 93%; text-indent: -12pt; margin: 0in 0in 0pt 24.6pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"><font style="line-height: 93%; font-size: 11pt;" class="_mt"> (203,611)</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12pt; padding-right: 5.4pt; padding-top: 0in;" valign="top" width="16">
<p style="text-align: center; line-height: 93%; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 84pt; padding-right: 5.4pt; padding-top: 0in;" width="112">
<p style="text-align: center; line-height: 93%; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"><font style="line-height: 93%; font-size: 11pt;" class="_mt">9.19</font></p></td></tr>
<tr><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 2.5in; padding-right: 5.4pt; padding-top: 0in;" valign="bottom" width="240">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 11pt;" class="_mt"> Canceled </font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 1.25in; padding-right: 5.4pt; padding-top: 0in;" width="120">
<p style="border-bottom: black 1px solid; text-align: center; margin: 0in 7.5pt 0pt 0in; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"><font style="font-size: 11pt;" class="_mt"> (103,160)</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12pt; padding-right: 5.4pt; padding-top: 0in;" valign="top" width="16">
<p style="text-align: center; line-height: 93%; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 84pt; padding-right: 5.4pt; padding-top: 0in;" width="112">
<p style="text-align: center; line-height: 93%; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"><font style="line-height: 93%; font-size: 11pt;" class="_mt">6.13</font></p></td></tr>
<tr><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 2.5in; padding-right: 5.4pt; padding-top: 0in;" valign="bottom" width="240">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 11pt;" class="_mt">Nonvested, end of period</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 1.25in; padding-right: 5.4pt; padding-top: 0in;" width="120">
<p style="border-bottom: black 3px double; line-height: 93%; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="line-height: 93%; font-size: 11pt;" class="_mt"> 1,678,407</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12pt; padding-right: 5.4pt; padding-top: 0in;" valign="top" width="16">
<p style="text-align: center; line-height: 93%; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 84pt; padding-right: 5.4pt; padding-top: 0in;" width="112">
<p style="text-align: center; line-height: 93%; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"><font style="line-height: 93%; font-size: 11pt;" class="_mt">8.80</font></p></td></tr></table>
<p style="text-align: justify; text-indent: 0.5in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoBodyText2"><b> </b> </p>
<p style="text-align: justify; text-indent: 0.5in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoBodyText2">Approximately 6.7 million shares remain available under our Omnibus Stock and Incentive Plan for future grants of either stock options, restricted stock or restricted stock units, stock appreciation rights ("SARs") or performance shares. <b> </b></p> </div>0.290.130.530.160.290.130.530.16<div>
<h4 style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;">Note 6. Net Income Per Share</h4>
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p>
<p style="text-align: justify; text-indent: 0.5in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal">In June 2008, accounting guidance was issued related to share-based awards that qualify as participating securities. In accordance with this guidance, unvested share-based payment awards that include non-forfeitable rights to dividends, whether paid or unpaid, are considered participating securities. As a result, such awards are required to be included in the calculation of basic earnings per common share pursuant to the "two-class" method. For us, participating securities are generally comprised of unvested restricted stock awards. </p>
<p style="text-align: justify; text-indent: 0.5in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoBodyText2"> </p>
<p style="text-align: justify; text-indent: 0.5in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoBodyText2">Basic EPS is determined using the two-class method and is computed by dividing net income available to common shareholders by the weighted-average number of common shares outstanding during the period. Diluted EPS reflects the dilutive effect of potential common shares from securities such as stock options.</p>
<p style="text-align: justify; text-indent: 0.5in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoBodyText2"> </p>
<p style="text-align: justify; text-indent: 0.5in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoBodyText2">The following table sets forth the computation of basic and diluted EPS shown on the face of the accompanying consolidated statements of income:</p>
<p style="line-height: 4pt; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><b> </b> </p>
<div align="center">
<table style="border-collapse: collapse; font-family: 'Calibri','sans-serif'; font-size: 11pt;" class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="758">
<tr style="height: 6.3pt;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 264pt; padding-right: 5.4pt; height: 6.3pt; padding-top: 0in;" width="352">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 11.8pt; padding-right: 5.4pt; height: 6.3pt; padding-top: 0in;" width="16">
<h6 style="text-align: left; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" align="left"><font style="font-size: 11pt;" class="_mt"> </font> </h6></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 146.75pt; padding-right: 5.4pt; height: 6.3pt; padding-top: 0in;" valign="bottom" rowspan="2" width="196" colspan="2">
<div style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 1pt; padding-left: 0in; padding-right: 0in; margin-left: 4.5pt; border-top: medium none; margin-right: 0in; border-right: medium none; padding-top: 0in;">
<p style="border-bottom: medium none; text-align: center; border-left: medium none; padding-bottom: 0in; line-height: 93%; margin: 0in 0in 0pt; padding-left: 0in; padding-right: 0in; font-family: 'Times New Roman','serif'; font-size: 12pt; border-top: medium none; border-right: medium none; padding-top: 0in;" class="MsoNormal" align="center"><b><font style="line-height: 93%; font-size: 10pt;" class="_mt">Thirty-Nine Weeks Ended</font></b></p></div></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 146.1pt; padding-right: 5.4pt; height: 6.3pt; padding-top: 0in;" valign="bottom" rowspan="2" width="195" colspan="2">
<div style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 1pt; padding-left: 0in; padding-right: 0in; margin-left: 4.5pt; border-top: medium none; margin-right: 0in; border-right: medium none; padding-top: 0in;">
<p style="border-bottom: medium none; text-align: center; border-left: medium none; padding-bottom: 0in; line-height: 93%; margin: 0in 0in 0pt; padding-left: 0in; padding-right: 0in; font-family: 'Times New Roman','serif'; font-size: 12pt; border-top: medium none; border-right: medium none; padding-top: 0in;" class="MsoNormal" align="center"><b><font style="line-height: 93%; font-size: 10pt;" class="_mt">Thirteen Weeks Ended</font></b></p></div></td></tr>
<tr style="height: 0.25in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 264pt; padding-right: 5.4pt; height: 0.25in; padding-top: 0in;" width="352">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 11.8pt; padding-right: 5.4pt; height: 0.25in; padding-top: 0in;" width="16">
<h6 style="text-align: left; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" align="left"><font style="font-size: 11pt;" class="_mt"> </font> </h6></td></tr>
<tr style="height: 0.35in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 264pt; padding-right: 5.4pt; height: 0.35in; padding-top: 0in;" width="352">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 11.8pt; padding-right: 5.4pt; height: 0.35in; padding-top: 0in;" width="16">
<h6 style="text-align: left; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" align="left"><font style="font-size: 11pt;" class="_mt"> </font> </h6></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 0.35in; padding-top: 0in;" valign="top" width="96">
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"><b><u><font style="font-size: 10pt;" class="_mt">October 30, 2010</font></u></b></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 74.75pt; padding-right: 5.4pt; height: 0.35in; padding-top: 0in;" valign="top" width="100">
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"><b><u><font style="font-size: 10pt;" class="_mt">October 31, 2009</font></u></b></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 0.35in; padding-top: 0in;" valign="top" width="96">
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"><b><u><font style="font-size: 10pt;" class="_mt">October 30, 2010</font></u></b></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 74.1pt; padding-right: 5.4pt; height: 0.35in; padding-top: 0in;" valign="top" width="99">
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"><b><u><font style="font-size: 10pt;" class="_mt">October 31, 2009</font></u></b></p></td></tr>
<tr style="height: 0.2in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 264pt; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" width="352">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><b><font style="font-size: 11pt;" class="_mt">Numerator </font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 11.8pt; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" width="16">
<h6 style="text-align: left; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" align="left"><font style="font-size: 11pt;" class="_mt"> </font> </h6></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" valign="top" width="96">
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 74.75pt; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" valign="top" width="100">
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" valign="top" width="96">
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 74.1pt; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" valign="top" width="99">
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"> </p></td></tr>
<tr style="height: 0.2in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 264pt; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" width="352">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 11pt;" class="_mt">Net income </font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 11.8pt; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" width="16">
<h6 style="text-align: left; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" align="left"><font style="font-size: 11pt;" class="_mt"> </font> </h6></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" valign="top" width="96">
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"><font style="font-size: 11pt;" class="_mt">$ 94,700</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 74.75pt; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" valign="top" width="100">
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"><font style="font-size: 11pt;" class="_mt">$ 52,138</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" valign="top" width="96">
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"><font style="font-size: 11pt;" class="_mt">$ 28,844</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 74.1pt; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" valign="top" width="99">
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"><font style="font-size: 11pt;" class="_mt">$ 22,745</font></p></td></tr>
<tr style="height: 0.2in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 264pt; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" width="352">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 11pt;" class="_mt">Net income allocated to participating securities </font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 11.8pt; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" width="16">
<h6 style="text-align: left; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" align="left"><font style="font-size: 11pt;" class="_mt"> </font> </h6></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" valign="top" width="96">
<p style="border-bottom: black 1px solid; text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"><font style="font-size: 11pt;" class="_mt"> (731)</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 74.75pt; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" valign="top" width="100">
<p style="border-bottom: black 1px solid; text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"><font style="font-size: 11pt;" class="_mt"> –</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" valign="top" width="96">
<p style="border-bottom: black 1px solid; text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"><font style="font-size: 11pt;" class="_mt"> (288)</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 74.1pt; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" valign="top" width="99">
<p style="border-bottom: black 1px solid; text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"><font style="font-size: 11pt;" class="_mt"> –</font></p></td></tr>
<tr style="height: 0.2in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 264pt; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" width="352">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 11pt;" class="_mt">Net income available to common shareholders </font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 11.8pt; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" width="16">
<h6 style="text-align: left; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" align="left"><font style="font-size: 11pt;" class="_mt"> </font> </h6></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" valign="top" width="96">
<p style="border-bottom: black 3px double; text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"><font style="font-size: 11pt;" class="_mt"> $ 93,969</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 74.75pt; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" valign="top" width="100">
<p style="border-bottom: black 3px double; text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"><font style="font-size: 11pt;" class="_mt">$ 52,138</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" valign="top" width="96">
<p style="border-bottom: black 3px double; text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"><font style="font-size: 11pt;" class="_mt">$ 28,556</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 74.1pt; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" valign="top" width="99">
<p style="border-bottom: black 3px double; text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 11pt;" class="_mt">$ 22,745</font></p></td></tr>
<tr style="height: 0.1in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 264pt; padding-right: 5.4pt; height: 0.1in; padding-top: 0in;" width="352">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 11.8pt; padding-right: 5.4pt; height: 0.1in; padding-top: 0in;" width="16">
<h6 style="text-align: left; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" align="left"><font style="font-size: 11pt;" class="_mt"> </font> </h6></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 0.1in; padding-top: 0in;" valign="top" width="96">
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 74.75pt; padding-right: 5.4pt; height: 0.1in; padding-top: 0in;" valign="top" width="100">
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 0.1in; padding-top: 0in;" valign="top" width="96">
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 74.1pt; padding-right: 5.4pt; height: 0.1in; padding-top: 0in;" valign="top" width="99">
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"> </p></td></tr>
<tr style="height: 0.2in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 264pt; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" width="352">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><b><font style="font-size: 11pt;" class="_mt">Denominator </font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 11.8pt; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" width="16">
<h6 style="text-align: left; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" align="left"><font style="font-size: 11pt;" class="_mt"> </font> </h6></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" valign="top" width="96">
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 74.75pt; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" valign="top" width="100">
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" valign="top" width="96">
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 74.1pt; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" valign="top" width="99">
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"> </p></td></tr>
<tr style="height: 0.3in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 264pt; padding-right: 5.4pt; height: 0.3in; padding-top: 0in;" width="352">
<p style="text-align: justify; text-indent: -18.6pt; margin: 0in 0in 0pt 18.6pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 11pt;" class="_mt"> Weighted average common shares outstanding – basic </font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 11.8pt; padding-right: 5.4pt; height: 0.3in; padding-top: 0in;" width="16">
<h6 style="text-align: left; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" align="left"><font style="font-size: 11pt;" class="_mt"> </font> </h6></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 0.3in; padding-top: 0in;" width="96">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 11pt;" class="_mt">177,027,767</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 74.75pt; padding-right: 5.4pt; height: 0.3in; padding-top: 0in;" width="100">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 11pt;" class="_mt">177,348,442</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 0.3in; padding-top: 0in;" width="96">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 11pt;" class="_mt">176,215,239</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 74.1pt; padding-right: 5.4pt; height: 0.3in; padding-top: 0in;" width="99">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 11pt;" class="_mt">177,661,902</font></p></td></tr>
<tr style="height: 0.2in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 264pt; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" width="352">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 11pt;" class="_mt"> Dilutive effect of stock options outstanding </font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 11.8pt; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" width="16">
<h6 style="text-align: left; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" align="left"><font style="font-size: 11pt; font-weight: normal;" class="_mt"> </font> </h6></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" valign="bottom" width="96">
<p style="border-bottom: black 1px solid; text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 11pt;" class="_mt"> 1,292,095 </font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 74.75pt; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" valign="bottom" width="100">
<p style="border-bottom: black 1px solid; text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 11pt;" class="_mt"> 1,167,520 </font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" valign="bottom" width="96">
<p style="border-bottom: black 1px solid; text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 11pt;" class="_mt"> 1,046,809 </font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 74.1pt; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" valign="bottom" width="99">
<p style="border-bottom: black 1px solid; text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 11pt;" class="_mt"> 1,589,267 </font></p></td></tr>
<tr style="height: 27.35pt;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 264pt; padding-right: 5.4pt; height: 27.35pt; padding-top: 0in;" width="352">
<p style="text-indent: -0.25in; margin: 0in 0in 0pt 18.6pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 11pt;" class="_mt"> Weighted average common and common equivalent shares outstanding – diluted</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 11.8pt; padding-right: 5.4pt; height: 27.35pt; padding-top: 0in;" width="16">
<h6 style="text-align: left; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" align="left"><font style="font-size: 11pt;" class="_mt"> </font> </h6></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 27.35pt; padding-top: 0in;" width="96">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p>
<p style="border-bottom: black 3px double; text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 11pt;" class="_mt"> 178,319,862</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 74.75pt; padding-right: 5.4pt; height: 27.35pt; padding-top: 0in;" width="100">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p>
<p style="border-bottom: black 3px double; text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 11pt;" class="_mt"> 178,515,962</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 27.35pt; padding-top: 0in;" width="96">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p>
<p style="border-bottom: black 3px double; text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 11pt;" class="_mt"> 177,262,048</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 74.1pt; padding-right: 5.4pt; height: 27.35pt; padding-top: 0in;" width="99">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p>
<p style="border-bottom: black 3px double; text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 11pt;" class="_mt"> 179,251,169</font></p></td></tr>
<tr style="height: 0.2in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 264pt; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" width="352">
<p style="text-indent: -0.25in; margin: 0in 0in 0pt 18.6pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 11pt;" class="_mt">Net income per common share:</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 11.8pt; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" width="16">
<h6 style="text-align: left; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" align="left"><font style="font-size: 11pt;" class="_mt"> </font> </h6></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" width="96">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 74.75pt; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" width="100">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" width="96">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 74.1pt; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" width="99">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td></tr>
<tr style="height: 0.2in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 264pt; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" width="352">
<p style="text-indent: -0.25in; margin: 0in 0in 0pt 18.6pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 11pt;" class="_mt"> Basic</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 11.8pt; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" width="16">
<h6 style="text-align: left; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" align="left"><font style="font-size: 11pt;" class="_mt"> </font> </h6></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" width="96">
<p style="border-bottom: black 3px double; text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 11pt;" class="_mt">$ 0.53</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 74.75pt; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" width="100">
<p style="border-bottom: black 3px double; text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 11pt;" class="_mt">$ 0.29</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" width="96">
<p style="border-bottom: black 3px double; text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 11pt;" class="_mt">$ 0.16</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 74.1pt; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" width="99">
<p style="border-bottom: black 3px double; text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 11pt;" class="_mt">$ 0.13</font></p></td></tr>
<tr style="height: 0.2in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 264pt; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" width="352">
<p style="text-indent: -0.25in; margin: 0in 0in 0pt 18.6pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 11pt;" class="_mt"> Diluted </font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 11.8pt; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" width="16">
<h6 style="text-align: left; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" align="left"><font style="font-size: 11pt;" class="_mt"> </font> </h6></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" width="96">
<p style="border-bottom: black 3px double; text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 11pt;" class="_mt">$ 0.53</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 74.75pt; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" width="100">
<p style="border-bottom: black 3px double; text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 11pt;" class="_mt">$ 0.29</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" width="96">
<p style="border-bottom: black 3px double; text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 11pt;" class="_mt">$ 0.16</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 74.1pt; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" width="99">
<p style="border-bottom: black 3px double; text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 11pt;" class="_mt">$ 0.13</font></p></td></tr></table></div>
<p style="text-align: justify; line-height: 8pt; text-indent: 0.5in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p>
<p style="text-align: justify; text-indent: 0.5in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal">For the thirteen weeks ended October 30, 2010 and October 31, 2009, 3,785,990 and 2,629,786 potential shares of common stock, respectively, were excluded from the computation of diluted EPS relating to stock option awards because the effect of including these potential shares would have been anti-dilutive. </p>
<p style="text-align: justify; line-height: 11pt; text-indent: 0in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt; font-weight: bold;" class="MsoBodyTextIndent2"> </p>
<p style="text-align: justify; text-indent: 0.5in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal">For the thirty-nine weeks ended October 30, 2010 and October 31, 2009, 3,349,846 and 3,532,428 potential shares of common stock, respectively, were excluded from the computation of diluted EPS relating to stock option awards because the effect of including these potential shares would have been anti-dilutive. </p> </div>1473000122300014730001223000<div>
<div>
<p style="text-align: justify; text-indent: 0in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt; font-weight: bold;" class="MsoBodyTextIndent2">Note 7. Fair Value Measurements </p>
<p style="text-align: justify; line-height: 11pt; margin: 0in 0.7pt 0pt 0in; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="color: black;" class="_mt"> </font> </p>
<p style="text-align: justify; text-indent: 0.5in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal">Our financial instruments consist of cash and cash equivalents, marketable securities, trade receivables and payables. The carrying values of cash and cash equivalents, marketable securities, trade receivables and trade payables approximate current fair value due to the short-term nature of the instruments. </p>
<p style="text-align: justify; line-height: 11pt; text-indent: 0.5in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p>
<p style="text-align: justify; text-indent: 0.5in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal">Marketable securities are classified as available-for-sale and consist of variable rate demand notes, which are considered highly liquid, variable rate municipal debt securities, municipal bonds, asset-backed securities, corporate bonds and U.S treasury securities. Although the variable rate demand notes, totaling $273.2 million as of October 30, 2010, have long-term nominal maturity dates ranging from 2011 to 2048, the interest rates generally reset weekly. Despite the long-term nature of the underlying securities of the variable rate demand notes, we believe we have the ability to quickly liquidate or put back these securities. The remainder of the portfolio, as of October 30, 2010, consisted of $57.5 million of securities with maturity </p>
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal">dates less than one year and $152.9 million with maturity dates over one year and less than or equal to three years. <b> </b></p>
<p style="text-align: justify; line-height: 10pt; text-indent: 0.5in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p>
<p style="text-align: justify; text-indent: 0.5in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal">We consider all available-for-sale securities, including those with maturity dates beyond 12 months, as available to support current operational liquidity needs and therefore classify these securities as short-term investments within current assets on the consolidated balance sheets. Marketable securities are carried at market value, with the unrealized holding gains and losses, net of income taxes, reflected as a separate component of stockholders' equity until realized. For the purposes of computing realized and unrealized gains and losses, cost is determined on a specific identification basis.</p>
<p style="text-align: justify; line-height: 10pt; text-indent: 0in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt; font-weight: bold;" class="MsoBodyTextIndent2"> </p>
<p style="text-align: justify; text-indent: 0.5in; margin: 0in 0.7pt 0pt 0in; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="color: black;" class="_mt">Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in the principal or most advantageous market in an orderly transaction between market participants on the measurement date. Entities are required to use a three-level hierarchy, which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value.</font></p>
<p style="line-height: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p>
<p style="text-align: justify; text-indent: 0.5in; margin: 0in 0.7pt 0pt 0in; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="color: black;" class="_mt">The valuation hierarchy is based upon the transparency of inputs to the valuation of an asset or liability on the measurement date. The three levels are defined as follows: </font></p>
<p style="text-align: justify; line-height: 10pt; margin: 0in 0.7pt 0pt 0in; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="color: black;" class="_mt"> </font> </p>
<p style="text-align: justify; margin: 0in 0.7pt 0pt 23.1pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="color: black;" class="_mt">Level 1</font><font style="color: black;" class="_mt"> – Unadjusted quoted prices in active markets for identical assets or liabilities</font></p>
<p style="text-align: justify; text-indent: 23.1pt; margin: 0in 0.7pt 0pt 0in; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="color: black;" class="_mt">Level 2</font><font style="color: black;" class="_mt"> – Unadjusted quoted prices in active markets for similar assets or liabilities, or; </font></p>
<p style="text-align: justify; margin: 0in 0.7pt 0pt 1in; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="color: black;" class="_mt">Unadjusted quoted prices for identical or similar assets or liabilities in markets that are not active, or; Inputs other than quoted prices that are observable for the asset or liability </font></p>
<p style="text-align: justify; text-indent: 23.1pt; margin: 0in 0.7pt 0pt 0in; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="color: black;" class="_mt">Level 3</font><font style="color: black;" class="_mt"> –Unobservable inputs for the asset or liability.</font></p>
<p style="text-align: justify; line-height: 10pt; margin: 0in 0.7pt 0pt 0in; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p>
<p style="text-align: justify; text-indent: 41.75pt; margin: 0in 0.7pt 0pt 0in; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal">We measure certain financial assets at fair value on a recurring basis, including our marketable securities, which are classified as available-for-sale securities, certain cash equivalents, specifically our money market accounts, and assets held in our non-qualified deferred compensation plan. The money market funds are valued based on quoted market prices in active markets. Our marketable securities are generally valued based on other observable inputs for those securities (including market corroborated pricing or other models that utilize observable inputs such as yield curves) except for U.S. treasury holdings which are valued based on quoted market prices in active markets. The investments in our non-qualified deferred compensation plan are valued using quoted market prices and are included in other assets on our co
nsolidated balance sheets. </p>
<p style="text-align: justify; line-height: 10pt; text-indent: 41.75pt; margin: 0in 0.7pt 0pt 0in; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p>
<p style="text-align: justify; text-indent: 41.75pt; margin: 0in 0.7pt 0pt 0in; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal">From time to time, we measure certain assets at fair value on a non-recurring basis, specifically long-lived assets evaluated for impairment and previously, our note receivable. We estimate the fair value of our long-lived assets using company-specific assumptions which would fall within Level 3 of the fair value hierarchy. In prior periods, the note receivable's value was based on the value of the underlying real estate collateral as determined by an independent third party using observable market data, which resulted in a Level 2 classification. During the second quarter of 2010, the underlying real estate collateral was repossessed by us in full satisfaction of the note receivable.</p>
<p style="text-align: justify; line-height: 10pt; text-indent: 0.5in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="background: yellow;" class="_mt"> </font> </p>
<p style="text-align: justify; text-indent: 0.5in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal">New guidance on financial instruments measured at fair value requires additional disclosures regarding significant transfers into and out of Level 1 and Level 2 as well as more detailed discussions regarding Level 3 activity. We conduct reviews on a quarterly basis to verify pricing, assess liquidity, and <font style="color: black;" class="_mt">determine if significant inputs have changed that would impact the fair value hierarchy disclosure. During fiscal 2010, we did not make significant transfers between Level 1 and Level 2 assets. Furthermore, as of October 30, 2010, January 30, 2010 and October 31, 2009, we did not have any Level 3 financial assets. </font></p>
<p style="text-align: justify; line-height: 7pt; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p>
<p style="text-align: justify; text-indent: 41.75pt; margin: 0in 0.7pt 0pt 0in; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal">In accordance with the provisions of the guidance, we categorized our financial assets, whether valued on a recurring or non-recurring basis, based on the priority of the inputs to the valuation technique for the instruments, as follows (amounts in thousands):</p>
<p style="text-align: justify; line-height: 4pt; text-indent: 41.75pt; margin: 0in 0.7pt 0pt 0in; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p>
<table style="width: 520.6pt; border-collapse: collapse; font-family: 'Calibri','sans-serif'; margin-left: 5.4pt; font-size: 11pt;" class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="694">
<tr style="height: 12.25pt;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 157.3pt; padding-right: 5.4pt; height: 12.25pt; padding-top: 0in;" valign="bottom" width="210">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 13.9pt; padding-right: 5.4pt; height: 12.25pt; padding-top: 0in;" valign="top" width="19">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 62.8pt; padding-right: 5.4pt; height: 12.25pt; padding-top: 0in;" valign="bottom" width="84" nowrap="nowrap">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 15.8pt; padding-right: 5.4pt; height: 12.25pt; padding-top: 0in;" valign="bottom" width="21" nowrap="nowrap">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; height: 12.25pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" colspan="8">
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"><b><font style="font-size: 10pt;" class="_mt">Fair Value Measurements at Reporting Date Using</font></b></p></td></tr>
<tr style="height: 0.8in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 157.3pt; padding-right: 5.4pt; height: 0.8in; padding-top: 0in;" valign="bottom" width="210">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><b><font style="font-size: 10pt;" class="_mt">Current Assets</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 13.9pt; padding-right: 5.4pt; height: 0.8in; padding-top: 0in;" valign="top" width="19">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 5.4pt; width: 62.8pt; padding-right: 5.4pt; height: 0.8in; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="84">
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"><b><font style="font-size: 10pt;" class="_mt">Balance as of October 30, 2010<font style="background: silver;" class="_mt"> </font></font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 15.8pt; padding-right: 5.4pt; height: 0.8in; padding-top: 0in;" valign="bottom" width="21">
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 5.4pt; width: 80.2pt; padding-right: 5.4pt; height: 0.8in; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="107">
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"><b><font style="font-size: 10pt;" class="_mt">Quoted Prices in Active Markets for Identical Assets (Level 1)</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.8in; padding-top: 0in;" valign="bottom" width="17">
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 5.4pt; width: 81.7pt; padding-right: 5.4pt; height: 0.8in; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="109" colspan="2">
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"><b><font style="font-size: 10pt;" class="_mt">Significant Other Observable Inputs (Level 2)</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in;" class="style1" valign="bottom"> </td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; height: 0.8in; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" colspan="2">
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"><b><font style="font-size: 10pt;" class="_mt">Significant Unobservable Inputs (Level 3)</font></b></p></td></tr>
<tr style="height: 0.15in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 157.3pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="210">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 10pt;" class="_mt"> <i>Cash equivalents: </i></font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 13.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="top" width="19">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 62.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="84">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 15.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="21">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 80.2pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="107">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 81.7pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="109" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in;" class="style2" valign="bottom"> </td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" colspan="2"> </td></tr>
<tr style="height: 0.15in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 157.3pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="210">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 10pt;" class="_mt"> Money market account</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 13.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="top" width="19">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 62.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="84">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt">$ 629 </font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 15.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="21">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 80.2pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="107">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt">$ 629 </font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 81.7pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="109" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> $ –</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in;" class="style2" valign="bottom"> </td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> $ –</font></p></td></tr>
<tr style="height: 0.15in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 157.3pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="210">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 10pt;" class="_mt"> <i>Marketable securities: </i></font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 13.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="19">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 62.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="84">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 15.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="21">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 80.2pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="107">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 81.7pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="109" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in;" class="style2" valign="bottom"> </td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td></tr>
<tr style="height: 0.15in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 157.3pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="210">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 10pt;" class="_mt"> Variable rate demand notes</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 13.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="19">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 62.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="84">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt">273,187</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 15.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="21">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 80.2pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="top" width="107">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> –</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 81.7pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="109" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> 273,187 </font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in;" class="style2" valign="bottom"> </td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> –</font></p></td></tr>
<tr style="height: 0.15in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 157.3pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="210">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 10pt;" class="_mt"> Municipal securities</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 13.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="19">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 62.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="84">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt">143,950</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 15.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="21">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 80.2pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="top" width="107">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> –</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 81.7pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="109" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> 143,950 </font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in;" class="style2" valign="bottom"> </td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> –</font></p></td></tr>
<tr style="height: 0.15in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 157.3pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="210">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 10pt;" class="_mt"> U.S. government securities</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 13.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="19">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 62.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="84">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt">58,949</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 15.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="21">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 80.2pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="84">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt">58,949</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 81.7pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="109" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> –</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in;" class="style2" valign="bottom"> </td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> –</font></p></td></tr>
<tr style="height: 0.15in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 157.3pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="210">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 10pt;" class="_mt"> Corporate bonds</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 13.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="19">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 62.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="84">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt">2,170</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 15.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="21">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 80.2pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="top" width="107">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> –</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 81.7pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="109" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> 2,170 </font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in;" class="style2" valign="bottom"> </td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> –</font></p></td></tr>
<tr style="height: 0.15in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 157.3pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="210">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 10pt;" class="_mt"> Asset-backed securities</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 13.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="19">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 62.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="84">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt">5,366</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 15.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="21">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 80.2pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="top" width="107">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> –</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 81.7pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="109" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> 5,366 </font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in;" class="style2" valign="bottom"> </td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> –</font></p></td></tr>
<tr style="height: 0.15in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 157.3pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" width="210">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><b><font style="font-size: 10pt;" class="_mt">Non Current Assets </font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 13.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" width="19">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 62.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" width="84">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 15.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="21">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 80.2pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" width="107">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 81.7pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" width="109" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in;" class="style2" valign="bottom"> </td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td></tr>
<tr style="height: 0.15in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 157.3pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="210">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 10pt;" class="_mt"> Deferred compensation plan </font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 13.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="19">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 62.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="84">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt">3,996</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 15.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="21">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 5.4pt; width: 80.2pt; padding-right: 5.4pt; height: 0.15in; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="107">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt">3,996</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 5.4pt; width: 81.7pt; padding-right: 5.4pt; height: 0.15in; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="109" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> –</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in;" class="style2" valign="bottom"> </td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; height: 0.15in; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> –</font></p></td></tr>
<tr style="height: 0.15in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 157.3pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="210">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><b><font style="font-size: 10pt;" class="_mt">Total </font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 13.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="19">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 3px double; border-left: medium none; padding-bottom: 0in; padding-left: 5.4pt; width: 62.8pt; padding-right: 5.4pt; height: 0.15in; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="84">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt">$ 488,247 </font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 15.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="21">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="border-bottom: windowtext 3px double; border-left: medium none; padding-bottom: 0in; padding-left: 5.4pt; width: 80.2pt; padding-right: 5.4pt; height: 0.15in; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="107">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt">$ 63,574 </font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17"> </td>
<td style="border-bottom: windowtext 3px double; border-left: medium none; padding-bottom: 0in; padding-left: 5.4pt; width: 81.7pt; padding-right: 5.4pt; height: 0.15in; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="109" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt">$ 424,673 </font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in;" class="style2" valign="bottom"> </td>
<td style="border-bottom: windowtext 3px double; border-left: medium none; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; height: 0.15in; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> $ –</font></p></td></tr>
<tr style="height: 0.6in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 157.3pt; padding-right: 5.4pt; height: 0.6in; padding-top: 0in;" valign="bottom" width="210">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><b><font style="font-size: 10pt;" class="_mt">Current Assets</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 13.9pt; padding-right: 5.4pt; height: 0.6in; padding-top: 0in;" valign="top" width="19">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p>
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 5.4pt; width: 62.8pt; padding-right: 5.4pt; height: 0.6in; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="84">
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"><b><font style="font-size: 10pt;" class="_mt">Balance as of January 30, 2010</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 15.8pt; padding-right: 5.4pt; height: 0.6in; padding-top: 0in;" valign="bottom" width="21">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 5.4pt; width: 80.2pt; padding-right: 5.4pt; height: 0.6in; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="107">
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"><b><font style="font-size: 10pt;" class="_mt">Quoted Prices in Active Markets for Identical Assets (Level 1)</font></b></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.6in; border-top: windowtext 0pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="17"> </td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 5.4pt; width: 79.7pt; padding-right: 5.4pt; height: 0.6in; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="106">
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"><b><font style="font-size: 10pt;" class="_mt">Significant Other Observable Inputs (Level 2)</font></b></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.6in; border-top: windowtext 0pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="17" colspan="2"> </td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 5.4pt; width: 83.1pt; padding-right: 5.4pt; height: 0.6in; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="111" colspan="2">
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"><b><font style="font-size: 10pt;" class="_mt">Significant Unobservable Inputs (Level 3)</font></b></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; padding-right: 0in; border-top: medium none; border-right: medium none; padding-top: 0in;">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td></tr>
<tr style="height: 0.15in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 157.3pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="210">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 10pt;" class="_mt"> <i>Cash equivalents: </i></font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 13.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="top" width="19">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 5.4pt; width: 62.8pt; padding-right: 5.4pt; height: 0.15in; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="84">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 15.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="21">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 5.4pt; width: 80.2pt; padding-right: 5.4pt; height: 0.15in; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="107">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 5.4pt; width: 79.7pt; padding-right: 5.4pt; height: 0.15in; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="106">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 5.4pt; width: 83.1pt; padding-right: 5.4pt; height: 0.15in; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="111" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; padding-right: 0in; border-top: medium none; border-right: medium none; padding-top: 0in;">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td></tr>
<tr style="height: 0.15in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 157.3pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="210">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 10pt;" class="_mt"> Money market account</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 13.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="top" width="19">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 62.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="84">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt">$ 8,256 </font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 15.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="21">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 80.2pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="107">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt">$ 8,256 </font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 79.7pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="106">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> $ –</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 83.1pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="111" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> $ –</font></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; padding-right: 0in; border-top: medium none; border-right: medium none; padding-top: 0in;">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td></tr>
<tr style="height: 0.15in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 157.3pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="210">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 10pt;" class="_mt"> <i>Marketable securities: </i></font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 13.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="19">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 62.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="84">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 15.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="21">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 80.2pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="107">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 79.7pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="106">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 83.1pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="111" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; padding-right: 0in; border-top: medium none; border-right: medium none; padding-top: 0in;">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td></tr>
<tr style="height: 0.15in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 157.3pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="210">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 10pt;" class="_mt"> Variable rate demand notes</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 13.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="19">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 62.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="84">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt">207,895</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 15.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="21">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 80.2pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="107">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt">–</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 79.7pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="106">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> 207,895 </font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 83.1pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="111" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> –</font></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; padding-right: 0in; border-top: medium none; border-right: medium none; padding-top: 0in;">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td></tr>
<tr style="height: 0.15in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 157.3pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="210">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 10pt;" class="_mt"> Municipal securities</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 13.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="19">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 62.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="84">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt">111,153</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 15.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="21">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 80.2pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="107">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt">–</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 79.7pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="106">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> 111,153 </font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 83.1pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="111" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> –</font></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; padding-right: 0in; border-top: medium none; border-right: medium none; padding-top: 0in;">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td></tr>
<tr style="height: 0.15in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 157.3pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="210">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 10pt;" class="_mt"> U.S. government securities</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 13.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="19">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 62.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="84">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt">33,383</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 15.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="21">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 80.2pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="107">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt">33,383</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 79.7pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="106">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> –</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 83.1pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="111" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> –</font></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; padding-right: 0in; border-top: medium none; border-right: medium none; padding-top: 0in;">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td></tr>
<tr style="height: 0.15in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 157.3pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="210">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 10pt;" class="_mt"> Corporate bonds</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 13.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="19">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 62.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="84">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt">12,826</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 15.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="21">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 80.2pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="top" width="107">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> –</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 79.7pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="106">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> 12,826 </font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 83.1pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="111" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> –</font></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; padding-right: 0in; border-top: medium none; border-right: medium none; padding-top: 0in;">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td></tr>
<tr style="height: 0.15in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 157.3pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="210">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 10pt;" class="_mt"> Asset-backed securities</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 13.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="19">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 62.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="84">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt">21,243</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 15.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="21">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 80.2pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="top" width="107">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> –</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 79.7pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="106">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> 21,243 </font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 83.1pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="111" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> –</font></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; padding-right: 0in; border-top: medium none; border-right: medium none; padding-top: 0in;">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td></tr>
<tr style="height: 0.15in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 157.3pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" width="210">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><b><font style="font-size: 10pt;" class="_mt">Non Current Assets </font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 13.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" width="19">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 62.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" width="84">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 15.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="21">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 80.2pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" width="107">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 79.7pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" width="106">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 83.1pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" width="111" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; padding-right: 0in; border-top: medium none; border-right: medium none; padding-top: 0in;">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td></tr>
<tr style="height: 0.15in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 157.3pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="210">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 10pt;" class="_mt"> Note receivable </font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 13.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="19">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 62.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="84">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt">20,000</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 15.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="21">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 80.2pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="107">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> –</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 79.7pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="106">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt">20,000</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 83.1pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="111" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> –</font></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; padding-right: 0in; border-top: medium none; border-right: medium none; padding-top: 0in;">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td></tr>
<tr style="height: 0.15in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 157.3pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="210">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 10pt;" class="_mt"> Deferred compensation plan </font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 13.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="19">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 62.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="84">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt">4,050</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 15.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="21">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 80.2pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="107">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt">4,050</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 79.7pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="106">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> –</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 83.1pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="111" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> –</font></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; padding-right: 0in; border-top: medium none; border-right: medium none; padding-top: 0in;">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td></tr>
<tr style="height: 0.15in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 157.3pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="210">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><b><font style="font-size: 10pt;" class="_mt">Total </font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 13.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="19">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 3px double; border-left: medium none; padding-bottom: 0in; padding-left: 5.4pt; width: 62.8pt; padding-right: 5.4pt; height: 0.15in; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="84">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt">$ 418,806 </font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 15.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="21">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="border-bottom: windowtext 3px double; border-left: medium none; padding-bottom: 0in; padding-left: 5.4pt; width: 80.2pt; padding-right: 5.4pt; height: 0.15in; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="107">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt">$ 45,689 </font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="border-bottom: windowtext 3px double; border-left: medium none; padding-bottom: 0in; padding-left: 5.4pt; width: 79.7pt; padding-right: 5.4pt; height: 0.15in; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="106">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> $ 373,117 </font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="border-bottom: windowtext 3px double; border-left: medium none; padding-bottom: 0in; padding-left: 5.4pt; width: 83.1pt; padding-right: 5.4pt; height: 0.15in; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="111" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> $ –</font></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; padding-right: 0in; border-top: medium none; border-right: medium none; padding-top: 0in;">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td></tr>
<tr style="height: 48.6pt;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 157.3pt; padding-right: 5.4pt; height: 48.6pt; padding-top: 0in;" valign="bottom" width="210">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><b><font style="font-size: 10pt;" class="_mt">Current Assets</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 13.9pt; padding-right: 5.4pt; height: 48.6pt; padding-top: 0in;" valign="top" width="19">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 5.4pt; width: 62.8pt; padding-right: 5.4pt; height: 48.6pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="84">
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"><b><font style="font-size: 10pt;" class="_mt">Balance as of October 31, 2009</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 15.8pt; padding-right: 5.4pt; height: 48.6pt; padding-top: 0in;" valign="bottom" width="21">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 5.4pt; width: 80.2pt; padding-right: 5.4pt; height: 48.6pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="107">
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"><b><font style="font-size: 10pt;" class="_mt">Quoted Prices in Active Markets for Identical Assets (Level 1)</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 48.6pt; padding-top: 0in;" valign="bottom" width="17">
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 5.4pt; width: 79.7pt; padding-right: 5.4pt; height: 48.6pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="106">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="style3"><b><font style="font-size: 10pt;" class="_mt">Significant Other Observable Inputs (Level 2)</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 48.6pt; padding-top: 0in;" valign="bottom" width="17" colspan="2">
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 5.4pt; width: 83.1pt; padding-right: 5.4pt; height: 48.6pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="111" colspan="2">
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"><b><font style="font-size: 10pt;" class="_mt">Significant Unobservable Inputs (Level 3)</font></b></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; padding-right: 0in; border-top: medium none; border-right: medium none; padding-top: 0in;">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td></tr>
<tr style="height: 0.15in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 157.3pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="210">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 10pt;" class="_mt"> <i>Cash equivalents: </i></font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 13.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="top" width="19">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 62.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="84">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 15.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="21">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 5.4pt; width: 80.2pt; padding-right: 5.4pt; height: 0.15in; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="107">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 5.4pt; width: 79.7pt; padding-right: 5.4pt; height: 0.15in; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="106">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 5.4pt; width: 83.1pt; padding-right: 5.4pt; height: 0.15in; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="111" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; padding-right: 0in; border-top: medium none; border-right: medium none; padding-top: 0in;">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td></tr>
<tr style="height: 0.15in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 157.3pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="210">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 10pt;" class="_mt"> Money market account</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 13.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="top" width="19">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 62.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="84">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 10pt;" class="_mt">$ 11,782 </font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 15.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="21">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 80.2pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="107">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt">$ 11,782 </font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 79.7pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="106">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> $ –</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 83.1pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="111" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> $ –</font></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; padding-right: 0in; border-top: medium none; border-right: medium none; padding-top: 0in;">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td></tr>
<tr style="height: 0.15in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 157.3pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="210">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 10pt;" class="_mt"> <i>Marketable securities: </i></font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 13.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="19">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 62.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="84">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 15.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="21">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 80.2pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="107">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 79.7pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="106">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 83.1pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="111" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; padding-right: 0in; border-top: medium none; border-right: medium none; padding-top: 0in;">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td></tr>
<tr style="height: 0.15in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 157.3pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="210">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 10pt;" class="_mt"> Variable rate demand notes</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 13.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="19">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 62.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="84">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt">251,804 </font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 15.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="21">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 80.2pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="top" width="107">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> –</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 79.7pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="106">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> 251,804 </font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 83.1pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="111" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> –</font></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; padding-right: 0in; border-top: medium none; border-right: medium none; padding-top: 0in;">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td></tr>
<tr style="height: 0.15in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 157.3pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="210">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 10pt;" class="_mt"> Municipal securities</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 13.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="19">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 62.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="84">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt">61,645 </font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 15.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="21">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 80.2pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="top" width="107">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> –</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 79.7pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="106">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> 61,645 </font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 83.1pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="111" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> –</font></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; padding-right: 0in; border-top: medium none; border-right: medium none; padding-top: 0in;">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td></tr>
<tr style="height: 0.15in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 157.3pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="210">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 10pt;" class="_mt"> U.S. government securities</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 13.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="19">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 62.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="84">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt">10,489</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 15.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="21">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 80.2pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="107">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> 10,489</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 79.7pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="106">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> –</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 83.1pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="111" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> –</font></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; padding-right: 0in; border-top: medium none; border-right: medium none; padding-top: 0in;">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td></tr>
<tr style="height: 0.15in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 157.3pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="210">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 10pt;" class="_mt"> Corporate bonds</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 13.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="19">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 62.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="84">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt">12,841</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 15.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="21">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 80.2pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="top" width="107">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 79.7pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="106">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt">12,841</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 83.1pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="111" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; padding-right: 0in; border-top: medium none; border-right: medium none; padding-top: 0in;">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td></tr>
<tr style="height: 0.15in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 157.3pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="210">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 10pt;" class="_mt"> Asset-backed securities</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 13.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="19">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 62.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="84">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt">25,543</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 15.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="21">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 80.2pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="top" width="107">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> –</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 79.7pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="106">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> 25,543 </font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 83.1pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="111" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> –</font></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; padding-right: 0in; border-top: medium none; border-right: medium none; padding-top: 0in;">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td></tr>
<tr style="height: 0.15in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 157.3pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" width="210">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><b><font style="font-size: 10pt;" class="_mt">Non Current Assets </font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 13.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" width="19">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 62.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" width="84">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 15.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="21">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 80.2pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" width="107">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 79.7pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" width="106">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 83.1pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" width="111" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; padding-right: 0in; border-top: medium none; border-right: medium none; padding-top: 0in;">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td></tr>
<tr style="height: 0.15in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 157.3pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="210">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 10pt;" class="_mt"> Note receivable</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 13.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" width="19">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 62.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" width="84">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt">22,000</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 15.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="21">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 80.2pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" width="107">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 79.7pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" width="106">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt">22,000</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 83.1pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" width="111" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; padding-right: 0in; border-top: medium none; border-right: medium none; padding-top: 0in;">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td></tr>
<tr style="height: 0.15in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 157.3pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="210">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 10pt;" class="_mt"> Deferred compensation plan </font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 13.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="19">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 62.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="84">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt">4,044</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 15.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="21">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 80.2pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="107">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt">4,044</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 79.7pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="106">
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"><font style="font-size: 10pt;" class="_mt"> –</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 83.1pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="111" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> –</font></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; padding-right: 0in; border-top: medium none; border-right: medium none; padding-top: 0in;">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td></tr>
<tr style="height: 13.55pt;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 157.3pt; padding-right: 5.4pt; height: 13.55pt; padding-top: 0in;" valign="bottom" width="210">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><b><font style="font-size: 10pt;" class="_mt">Total </font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 13.9pt; padding-right: 5.4pt; height: 13.55pt; padding-top: 0in;" valign="bottom" width="19">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 5.4pt; width: 62.8pt; padding-right: 5.4pt; height: 13.55pt; border-top: windowtext 0pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="84">
<p style="border-bottom: black 3px double; text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt">$ 400,148 </font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 15.8pt; padding-right: 5.4pt; height: 13.55pt; padding-top: 0in;" valign="bottom" width="21">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 5.4pt; width: 80.2pt; padding-right: 5.4pt; height: 13.55pt; border-top: windowtext 0pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="107">
<p style="border-bottom: black 3px double; text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt">$ 26,315 </font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 13.55pt; padding-top: 0in;" valign="bottom" width="17">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 5.4pt; width: 79.7pt; padding-right: 5.4pt; height: 13.55pt; border-top: windowtext 0pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="106">
<p style="border-bottom: black 3px double; text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt">$ 373,833 </font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 13.55pt; padding-top: 0in;" valign="bottom" width="17" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 5.4pt; width: 83.1pt; padding-right: 5.4pt; height: 13.55pt; border-top: windowtext 0pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="111" colspan="2">
<p style="border-bottom: black 3px double; text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> $ –</font></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; padding-right: 0in; border-top: medium none; border-right: medium none; padding-top: 0in;">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td></tr></table></div> </div>395225000388392000420420000-1361000-1090000967740009677400096774000721707000257278000815853000275067000834380003664500014790000044644000<div>
<h1 style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt; font-weight: normal;"><b><font style="text-decoration: none; text-underline: none;" class="_mt">Note 4. Income Taxes </font></b></h1>
<p style="text-align: justify; line-height: 10pt; text-indent: 0.5in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p>
<div>
<p style="text-align: justify; text-indent: 0.5in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal">Our <a name="jump_exp_7"> </a><a name="jump_exp_8"> </a>uncertain tax <a name="jump_exp_9"> </a>positions were $4.2 million and $6.9 million at October 30, 2010 and January 30, 2010, respectively. During the third quarter, uncertain tax positions decreased $2.5 million as a result of a tax audit settlement on more favorable terms than had been originally estimated. However, as of October 30, 2010, we do not believe that the balance of our uncertain tax positions will significantly increase or decrease within the next twelve months. We are currently subject to income tax examinations by various states, but do not expect the resolution of the examinations will have a material impact on our financial position, results of operations, or liquidity.</p>
<p style="text-align: justify; text-indent: 0.5in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p>
<p style="text-align: justify; text-indent: 0.5in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal">During the third quarter, in connection with the filing of our fiscal year 2009 income tax return, Chico's filed accounting method changes with the Internal Revenue Service regarding how fixed assets are classified and depreciated for tax purposes. While these changes had virtually no effect on our current year tax rate and income statement for the third quarter and year, they did result in monetizing about $29.1 million in deferred tax assets, a portion of which has been reclassified to an income tax receivable on our balance sheet at<font style="color: navy;" class="_mt"> </font>the end of the third quarter.</p>
<p style="text-align: justify; line-height: 12pt; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p>
<p style="text-indent: 0.5in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal">Our effective tax rate decreased for the current quarter to 35.4% compared to 37.9% in the third quarter of last year due primarily to a favorable state tax audit settlement. </p>
<p style="text-align: justify; line-height: 9pt; text-indent: 0.5in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p>
<p style="text-align: justify; text-indent: 0.5in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal">Our effective tax rate for the thirty-nine weeks ended October 30, 2010 is 36.0% compared to an effective tax rate of 37.5% for the thirty-nine weeks ended October 31, 2009. Our effective tax rate was lower in the current thirty-nine week period compared to last year due primarily to favorable state tax audit settlements and the restoration of a state tax receivable due to a favorable ruling.</p>
<h1 style="text-align: justify; line-height: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt; font-weight: normal; text-decoration: underline; text-underline: single;"><font style="text-decoration: none;" class="_mt"> </font> </h1></div> </div>192420004053800072800031200012814000313000001390000053200000158000004069600021431000-23140009780003088400010749000-109780001250300027617000405930002671000-73700038930000389300003893000023000021200016003000013851600017911000013370003340001327000483000416003000412834000425237000135261300013188030001409909000239824000194706000228932000589760002497400079019000319280005254000-36683000-171077000-15533700020025900017690700052138000227450009470000028844000482481000165106000502404000169726000821010003631100014657300044161000<div>
<h2 style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;">Note 1. Basis of Presentation</h2>
<p style="line-height: 8pt; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p>
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoBodyText2"> The accompanying unaudited consolidated financial statements of Chico's FAS, Inc. and its wholly-owned subsidiaries (collectively, the "Company") have been prepared in accordance with the instructions to Form 10-Q and do not include all of the information and notes required by accounting principles generally accepted in the U.S. ("U.S. GAAP") for complete financial statements. In the opinion of management, such interim financial statements reflect all normal adjustments considered necessary to present fairly the financial position and the results of operations and cash flows for the interim periods presented. All significant intercompany balances and transactions have been eliminated in consolidation. For further information, refer to
the consolidated financial statements and notes thereto for the fiscal year ended January 30, 2010, included in the Company's Annual Report on Form 10-K filed with the Securities and Exchange Commission ("SEC") on March 24, 2010. The January 30, 2010 balance sheet amounts were derived from audited financial statements included in the Company's Annual Report.</p>
<p style="text-align: justify; line-height: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p>
<p style="text-align: justify; text-indent: 0.5in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal">As used in this report, all references to "we," "us," "our," and "the Company," refer to Chico's FAS, Inc. and all of its wholly-owned subsidiaries. Unless otherwise noted, all references to the "third quarter" refer to the third quarter of fiscal 2010. </p>
<p style="text-align: justify; line-height: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p>
<p style="text-align: justify; text-indent: 0.5in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal">Our fiscal years end on the Saturday closest to January 31 and are designated by the calendar year in which the fiscal year commences. Operating results for the thirteen and thirty-nine weeks ended October 30, 2010 are not necessarily indicative of the results that may be expected for the entire year.</p>
<p style="text-align: justify; line-height: 10pt; text-indent: 0.5in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p>
<p style="text-align: justify; text-indent: 0.5in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal">Certain prior year amounts have been reclassified in order to conform to the current year presentation.</p> </div>2732300025269000511200015053800014217900013266500085123000308870008703500029252000120061000968360001790001865400002138900051016000585010000002415200024023000234420003960000213700002000000091560100090537300097525400052860200052152900052790000069411600071162400076661900012774200009020500003753700004468630003195260001273370001429981000993989000435992000483022000337629000145393000<div>
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><b>Note 3. Restructuring Charges</b></p>
<p style="line-height: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 11pt;" class="_mt"> </font> </p>
<p style="text-align: justify; text-indent: 0.5in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal">During the fourth quarter of fiscal 2008, in an effort to reduce costs and enhance efficiencies, we announced a workforce reduction that included the elimination of approximately 180 positions, or approximately 11% of the National Store Support Center ("NSSC") employee base. In addition, we incurred charges related to the separation agreement with our former Chief Executive Officer. In connection with these actions, we recorded approximately $10.0 million of personnel separation costs within selling, general and administrative expenses on the income statement. The following table summarizes the severance and workforce reduction liability for each period as indicated (amounts in thousands): </p>
<p style="text-align: justify; text-indent: 0.5in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p>
<table style="border-collapse: collapse; font-family: 'Calibri','sans-serif'; margin-left: 6.75pt; font-size: 11pt; margin-right: 6.75pt;" class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="711">
<tr><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 119.4pt; padding-right: 5.4pt; padding-top: 0in;" valign="top" width="159">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 204pt; padding-right: 5.4pt; padding-top: 0in;" valign="top" width="272" colspan="2">
<div style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 1pt; padding-left: 0in; padding-right: 0in; border-top: medium none; border-right: medium none; padding-top: 0in;">
<p style="border-bottom: medium none; text-align: center; border-left: medium none; padding-bottom: 0in; margin: 0in 0in 0pt; padding-left: 0in; padding-right: 0in; font-family: 'Times New Roman','serif'; font-size: 12pt; border-top: medium none; border-right: medium none; padding-top: 0in;" class="MsoNormal" align="center"><b><font style="font-size: 10pt;" class="_mt">Thirty-Nine Weeks Ended </font></b></p></div></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 210pt; padding-right: 5.4pt; padding-top: 0in;" valign="top" width="280" colspan="2">
<div style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 1pt; padding-left: 0in; padding-right: 0in; border-top: medium none; border-right: medium none; padding-top: 0in;">
<p style="border-bottom: medium none; text-align: center; border-left: medium none; padding-bottom: 0in; margin: 0in 0in 0pt; padding-left: 0in; padding-right: 0in; font-family: 'Times New Roman','serif'; font-size: 12pt; border-top: medium none; border-right: medium none; padding-top: 0in;" class="MsoNormal" align="center"><b><font style="font-size: 10pt;" class="_mt">Thirteen Weeks Ended</font></b></p></div></td></tr>
<tr><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 119.4pt; padding-right: 5.4pt; padding-top: 0in;" valign="top" width="159">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 102pt; padding-right: 5.4pt; padding-top: 0in;" valign="top" width="136">
<div style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 1pt; padding-left: 0in; padding-right: 0in; border-top: medium none; border-right: medium none; padding-top: 0in;">
<p style="border-bottom: medium none; text-align: center; border-left: medium none; padding-bottom: 0in; margin: 0in 0in 0pt; padding-left: 0in; padding-right: 0in; font-family: 'Times New Roman','serif'; font-size: 12pt; border-top: medium none; border-right: medium none; padding-top: 0in;" class="MsoNormal" align="center"><b><font style="font-size: 10pt;" class="_mt">October 30, 2010</font></b></p></div></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 102pt; padding-right: 5.4pt; padding-top: 0in;" valign="top" width="136">
<div style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 1pt; padding-left: 0in; padding-right: 0in; border-top: medium none; border-right: medium none; padding-top: 0in;">
<p style="border-bottom: medium none; text-align: center; border-left: medium none; padding-bottom: 0in; margin: 0in 0in 0pt; padding-left: 0in; padding-right: 0in; font-family: 'Times New Roman','serif'; font-size: 12pt; border-top: medium none; border-right: medium none; padding-top: 0in;" class="MsoNormal" align="center"><b><font style="font-size: 10pt;" class="_mt">October 31, 2009</font></b></p></div></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 102pt; padding-right: 5.4pt; padding-top: 0in;" valign="top" width="136">
<div style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 1pt; padding-left: 0in; padding-right: 0in; border-top: medium none; border-right: medium none; padding-top: 0in;">
<p style="border-bottom: medium none; text-align: center; border-left: medium none; padding-bottom: 0in; margin: 0in 0in 0pt; padding-left: 0in; padding-right: 0in; font-family: 'Times New Roman','serif'; font-size: 12pt; border-top: medium none; border-right: medium none; padding-top: 0in;" class="MsoNormal" align="center"><b><font style="font-size: 10pt;" class="_mt">October 30, 2010</font></b></p></div></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 1.5in; padding-right: 5.4pt; padding-top: 0in;" valign="top" width="144">
<div style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 1pt; padding-left: 0in; padding-right: 0in; border-top: medium none; border-right: medium none; padding-top: 0in;">
<p style="border-bottom: medium none; text-align: center; border-left: medium none; padding-bottom: 0in; margin: 0in 0in 0pt; padding-left: 0in; padding-right: 0in; font-family: 'Times New Roman','serif'; font-size: 12pt; border-top: medium none; border-right: medium none; padding-top: 0in;" class="MsoNormal" align="center"><b><font style="font-size: 10pt;" class="_mt">October 31, 2009</font></b></p></div></td></tr>
<tr style="height: 0.2in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 119.4pt; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" width="159">
<p style="line-height: 93%; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoFooter"><font style="line-height: 93%; font-size: 10pt;" class="_mt"> Beginning balance </font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 102pt; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" width="136">
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"><font style="font-size: 10pt;" class="_mt">$ 116</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 102pt; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" width="136">
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"><font style="font-size: 10pt;" class="_mt">$ 8,698</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 102pt; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" width="136">
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"><font style="font-size: 10pt;" class="_mt">$ –</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 1.5in; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" width="144">
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"><font style="font-size: 10pt;" class="_mt">$ 1,188</font></p></td></tr>
<tr style="height: 0.2in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 119.4pt; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" width="159">
<p style="line-height: 93%; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoFooter"><font style="line-height: 93%; font-size: 10pt;" class="_mt"> Payments </font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 102pt; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" width="136">
<p style="border-bottom: black 1px solid; text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"><font style="font-size: 10pt;" class="_mt">$ (116)</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 102pt; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" width="136">
<p style="border-bottom: black 1px solid; text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"><font style="font-size: 10pt;" class="_mt">$ (8,271)</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 102pt; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" width="136">
<p style="border-bottom: black 1px solid; text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"><font style="font-size: 10pt;" class="_mt">$ –</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 1.5in; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" width="144">
<p style="border-bottom: black 1px solid; text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"><font style="font-size: 10pt;" class="_mt">$ (761)</font></p></td></tr>
<tr style="height: 0.2in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 119.4pt; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" width="159">
<p style="line-height: 93%; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoFooter"><font style="line-height: 93%; font-size: 10pt;" class="_mt"> Ending balance </font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 102pt; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" width="136">
<p style="border-bottom: black 3px double; text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"><font style="font-size: 10pt;" class="_mt">$ –</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 102pt; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" width="136">
<p style="border-bottom: black 3px double; text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"><font style="font-size: 10pt;" class="_mt">$ 427</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 102pt; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" width="136">
<p style="border-bottom: black 3px double; text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"><font style="font-size: 10pt;" class="_mt">$ –</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 1.5in; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" width="144">
<p style="border-bottom: black 3px double; text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"><font style="font-size: 10pt;" class="_mt"> 427</font></p></td></tr></table>
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"><b> </b> </p> </div><div>
<p style="text-align: justify; text-indent: 0in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt; font-weight: bold;" class="MsoBodyTextIndent2">Note 9. Subsequent Event</p>
<p style="text-align: justify; text-indent: 0in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt; font-weight: bold;" class="MsoBodyTextIndent2"> </p>
<p style="text-align: justify; text-indent: 0in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt; font-weight: bold;" class="MsoBodyTextIndent2"> <font style="font-weight: normal;" class="_mt">On November 10, 2010 our Board of Directors declared a quarterly cash dividend of $0.04 per share on our common stock. The dividend will be payable on December 21, 2010 to shareholders of record at the close of business on December 7, 2010. While it is our intention to continue to pay a quarterly cash dividend in the future, any decision to pay future cash dividends will be made by the Board of Directors and will depend on future earnings, financial condition and other factors.</font></p>
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<p style="text-align: justify; text-indent: 0in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt; font-weight: bold;" class="MsoBodyTextIndent2">Note 7. Fair Value Measurements </p>
<p style="text-align: justify; line-height: 11pt; margin: 0in 0.7pt 0pt 0in; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="color: black;" class="_mt"> </font> </p>
<p style="text-align: justify; text-indent: 0.5in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal">Our financial instruments consist of cash and cash equivalents, marketable securities, trade receivables and payables. The carrying values of cash and cash equivalents, marketable securities, trade receivables and trade payables approximate current fair value due to the short-term nature of the instruments. </p>
<p style="text-align: justify; line-height: 11pt; text-indent: 0.5in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p>
<p style="text-align: justify; text-indent: 0.5in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal">Marketable securities are classified as available-for-sale and consist of variable rate demand notes, which are considered highly liquid, variable rate municipal debt securities, municipal bonds, asset-backed securities, corporate bonds and U.S treasury securities. Although the variable rate demand notes, totaling $273.2 million as of October 30, 2010, have long-term nominal maturity dates ranging from 2011 to 2048, the interest rates generally reset weekly. Despite the long-term nature of the underlying securities of the variable rate demand notes, we believe we have the ability to quickly liquidate or put back these securities. The remainder of the portfolio, as of October 30, 2010, consisted of $57.5 million of securities with maturity </p>
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal">dates less than one year and $152.9 million with maturity dates over one year and less than or equal to three years. <b> </b></p>
<p style="text-align: justify; line-height: 10pt; text-indent: 0.5in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p>
<p style="text-align: justify; text-indent: 0.5in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal">We consider all available-for-sale securities, including those with maturity dates beyond 12 months, as available to support current operational liquidity needs and therefore classify these securities as short-term investments within current assets on the consolidated balance sheets. Marketable securities are carried at market value, with the unrealized holding gains and losses, net of income taxes, reflected as a separate component of stockholders' equity until realized. For the purposes of computing realized and unrealized gains and losses, cost is determined on a specific identification basis.</p>
<p style="text-align: justify; line-height: 10pt; text-indent: 0in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt; font-weight: bold;" class="MsoBodyTextIndent2"> </p>
<p style="text-align: justify; text-indent: 0.5in; margin: 0in 0.7pt 0pt 0in; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="color: black;" class="_mt">Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in the principal or most advantageous market in an orderly transaction between market participants on the measurement date. Entities are required to use a three-level hierarchy, which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value.</font></p>
<p style="line-height: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p>
<p style="text-align: justify; text-indent: 0.5in; margin: 0in 0.7pt 0pt 0in; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="color: black;" class="_mt">The valuation hierarchy is based upon the transparency of inputs to the valuation of an asset or liability on the measurement date. The three levels are defined as follows: </font></p>
<p style="text-align: justify; line-height: 10pt; margin: 0in 0.7pt 0pt 0in; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="color: black;" class="_mt"> </font> </p>
<p style="text-align: justify; margin: 0in 0.7pt 0pt 23.1pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="color: black;" class="_mt">Level 1</font><font style="color: black;" class="_mt"> – Unadjusted quoted prices in active markets for identical assets or liabilities</font></p>
<p style="text-align: justify; text-indent: 23.1pt; margin: 0in 0.7pt 0pt 0in; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="color: black;" class="_mt">Level 2</font><font style="color: black;" class="_mt"> – Unadjusted quoted prices in active markets for similar assets or liabilities, or; </font></p>
<p style="text-align: justify; margin: 0in 0.7pt 0pt 1in; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="color: black;" class="_mt">Unadjusted quoted prices for identical or similar assets or liabilities in markets that are not active, or; Inputs other than quoted prices that are observable for the asset or liability </font></p>
<p style="text-align: justify; text-indent: 23.1pt; margin: 0in 0.7pt 0pt 0in; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="color: black;" class="_mt">Level 3</font><font style="color: black;" class="_mt"> –Unobservable inputs for the asset or liability.</font></p>
<p style="text-align: justify; line-height: 10pt; margin: 0in 0.7pt 0pt 0in; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p>
<p style="text-align: justify; text-indent: 41.75pt; margin: 0in 0.7pt 0pt 0in; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal">We measure certain financial assets at fair value on a recurring basis, including our marketable securities, which are classified as available-for-sale securities, certain cash equivalents, specifically our money market accounts, and assets held in our non-qualified deferred compensation plan. The money market funds are valued based on quoted market prices in active markets. Our marketable securities are generally valued based on other observable inputs for those securities (including market corroborated pricing or other models that utilize observable inputs such as yield curves) except for U.S. treasury holdings which are valued based on quoted market prices in active markets. The investments in our non-qualified deferred compensation plan are valued using quoted market prices and are included in other assets on our co
nsolidated balance sheets. </p>
<p style="text-align: justify; line-height: 10pt; text-indent: 41.75pt; margin: 0in 0.7pt 0pt 0in; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p>
<p style="text-align: justify; text-indent: 41.75pt; margin: 0in 0.7pt 0pt 0in; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal">From time to time, we measure certain assets at fair value on a non-recurring basis, specifically long-lived assets evaluated for impairment and previously, our note receivable. We estimate the fair value of our long-lived assets using company-specific assumptions which would fall within Level 3 of the fair value hierarchy. In prior periods, the note receivable's value was based on the value of the underlying real estate collateral as determined by an independent third party using observable market data, which resulted in a Level 2 classification. During the second quarter of 2010, the underlying real estate collateral was repossessed by us in full satisfaction of the note receivable.</p>
<p style="text-align: justify; line-height: 10pt; text-indent: 0.5in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="background: yellow;" class="_mt"> </font> </p>
<p style="text-align: justify; text-indent: 0.5in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal">New guidance on financial instruments measured at fair value requires additional disclosures regarding significant transfers into and out of Level 1 and Level 2 as well as more detailed discussions regarding Level 3 activity. We conduct reviews on a quarterly basis to verify pricing, assess liquidity, and <font style="color: black;" class="_mt">determine if significant inputs have changed that would impact the fair value hierarchy disclosure. During fiscal 2010, we did not make significant transfers between Level 1 and Level 2 assets. Furthermore, as of October 30, 2010, January 30, 2010 and October 31, 2009, we did not have any Level 3 financial assets. </font></p>
<p style="text-align: justify; line-height: 7pt; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p>
<p style="text-align: justify; text-indent: 41.75pt; margin: 0in 0.7pt 0pt 0in; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal">In accordance with the provisions of the guidance, we categorized our financial assets, whether valued on a recurring or non-recurring basis, based on the priority of the inputs to the valuation technique for the instruments, as follows (amounts in thousands):</p>
<p style="text-align: justify; line-height: 4pt; text-indent: 41.75pt; margin: 0in 0.7pt 0pt 0in; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p>
<table style="width: 520.6pt; border-collapse: collapse; font-family: 'Calibri','sans-serif'; margin-left: 5.4pt; font-size: 11pt;" class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="694">
<tr style="height: 12.25pt;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 157.3pt; padding-right: 5.4pt; height: 12.25pt; padding-top: 0in;" valign="bottom" width="210">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 13.9pt; padding-right: 5.4pt; height: 12.25pt; padding-top: 0in;" valign="top" width="19">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 62.8pt; padding-right: 5.4pt; height: 12.25pt; padding-top: 0in;" valign="bottom" width="84" nowrap="nowrap">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 15.8pt; padding-right: 5.4pt; height: 12.25pt; padding-top: 0in;" valign="bottom" width="21" nowrap="nowrap">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; height: 12.25pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" colspan="8">
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"><b><font style="font-size: 10pt;" class="_mt">Fair Value Measurements at Reporting Date Using</font></b></p></td></tr>
<tr style="height: 0.8in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 157.3pt; padding-right: 5.4pt; height: 0.8in; padding-top: 0in;" valign="bottom" width="210">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><b><font style="font-size: 10pt;" class="_mt">Current Assets</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 13.9pt; padding-right: 5.4pt; height: 0.8in; padding-top: 0in;" valign="top" width="19">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 5.4pt; width: 62.8pt; padding-right: 5.4pt; height: 0.8in; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="84">
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"><b><font style="font-size: 10pt;" class="_mt">Balance as of October 30, 2010<font style="background: silver;" class="_mt"> </font></font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 15.8pt; padding-right: 5.4pt; height: 0.8in; padding-top: 0in;" valign="bottom" width="21">
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 5.4pt; width: 80.2pt; padding-right: 5.4pt; height: 0.8in; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="107">
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"><b><font style="font-size: 10pt;" class="_mt">Quoted Prices in Active Markets for Identical Assets (Level 1)</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.8in; padding-top: 0in;" valign="bottom" width="17">
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 5.4pt; width: 81.7pt; padding-right: 5.4pt; height: 0.8in; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="109" colspan="2">
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"><b><font style="font-size: 10pt;" class="_mt">Significant Other Observable Inputs (Level 2)</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in;" class="style1" valign="bottom"> </td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; height: 0.8in; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" colspan="2">
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"><b><font style="font-size: 10pt;" class="_mt">Significant Unobservable Inputs (Level 3)</font></b></p></td></tr>
<tr style="height: 0.15in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 157.3pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="210">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 10pt;" class="_mt"> <i>Cash equivalents: </i></font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 13.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="top" width="19">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 62.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="84">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 15.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="21">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 80.2pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="107">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 81.7pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="109" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in;" class="style2" valign="bottom"> </td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" colspan="2"> </td></tr>
<tr style="height: 0.15in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 157.3pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="210">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 10pt;" class="_mt"> Money market account</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 13.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="top" width="19">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 62.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="84">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt">$ 629 </font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 15.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="21">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 80.2pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="107">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt">$ 629 </font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 81.7pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="109" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> $ –</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in;" class="style2" valign="bottom"> </td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> $ –</font></p></td></tr>
<tr style="height: 0.15in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 157.3pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="210">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 10pt;" class="_mt"> <i>Marketable securities: </i></font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 13.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="19">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 62.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="84">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 15.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="21">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 80.2pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="107">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 81.7pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="109" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in;" class="style2" valign="bottom"> </td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td></tr>
<tr style="height: 0.15in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 157.3pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="210">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 10pt;" class="_mt"> Variable rate demand notes</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 13.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="19">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 62.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="84">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt">273,187</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 15.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="21">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 80.2pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="top" width="107">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> –</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 81.7pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="109" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> 273,187 </font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in;" class="style2" valign="bottom"> </td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> –</font></p></td></tr>
<tr style="height: 0.15in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 157.3pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="210">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 10pt;" class="_mt"> Municipal securities</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 13.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="19">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 62.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="84">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt">143,950</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 15.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="21">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 80.2pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="top" width="107">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> –</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 81.7pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="109" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> 143,950 </font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in;" class="style2" valign="bottom"> </td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> –</font></p></td></tr>
<tr style="height: 0.15in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 157.3pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="210">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 10pt;" class="_mt"> U.S. government securities</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 13.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="19">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 62.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="84">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt">58,949</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 15.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="21">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 80.2pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="84">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt">58,949</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 81.7pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="109" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> –</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in;" class="style2" valign="bottom"> </td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> –</font></p></td></tr>
<tr style="height: 0.15in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 157.3pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="210">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 10pt;" class="_mt"> Corporate bonds</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 13.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="19">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 62.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="84">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt">2,170</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 15.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="21">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 80.2pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="top" width="107">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> –</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 81.7pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="109" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> 2,170 </font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in;" class="style2" valign="bottom"> </td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> –</font></p></td></tr>
<tr style="height: 0.15in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 157.3pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="210">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 10pt;" class="_mt"> Asset-backed securities</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 13.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="19">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 62.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="84">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt">5,366</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 15.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="21">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 80.2pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="top" width="107">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> –</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 81.7pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="109" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> 5,366 </font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in;" class="style2" valign="bottom"> </td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> –</font></p></td></tr>
<tr style="height: 0.15in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 157.3pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" width="210">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><b><font style="font-size: 10pt;" class="_mt">Non Current Assets </font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 13.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" width="19">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 62.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" width="84">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 15.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="21">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 80.2pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" width="107">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 81.7pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" width="109" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in;" class="style2" valign="bottom"> </td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td></tr>
<tr style="height: 0.15in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 157.3pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="210">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 10pt;" class="_mt"> Deferred compensation plan </font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 13.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="19">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 62.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="84">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt">3,996</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 15.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="21">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 5.4pt; width: 80.2pt; padding-right: 5.4pt; height: 0.15in; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="107">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt">3,996</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 5.4pt; width: 81.7pt; padding-right: 5.4pt; height: 0.15in; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="109" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> –</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in;" class="style2" valign="bottom"> </td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; height: 0.15in; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> –</font></p></td></tr>
<tr style="height: 0.15in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 157.3pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="210">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><b><font style="font-size: 10pt;" class="_mt">Total </font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 13.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="19">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 3px double; border-left: medium none; padding-bottom: 0in; padding-left: 5.4pt; width: 62.8pt; padding-right: 5.4pt; height: 0.15in; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="84">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt">$ 488,247 </font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 15.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="21">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="border-bottom: windowtext 3px double; border-left: medium none; padding-bottom: 0in; padding-left: 5.4pt; width: 80.2pt; padding-right: 5.4pt; height: 0.15in; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="107">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt">$ 63,574 </font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17"> </td>
<td style="border-bottom: windowtext 3px double; border-left: medium none; padding-bottom: 0in; padding-left: 5.4pt; width: 81.7pt; padding-right: 5.4pt; height: 0.15in; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="109" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt">$ 424,673 </font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in;" class="style2" valign="bottom"> </td>
<td style="border-bottom: windowtext 3px double; border-left: medium none; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; height: 0.15in; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> $ –</font></p></td></tr>
<tr style="height: 0.6in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 157.3pt; padding-right: 5.4pt; height: 0.6in; padding-top: 0in;" valign="bottom" width="210">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><b><font style="font-size: 10pt;" class="_mt">Current Assets</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 13.9pt; padding-right: 5.4pt; height: 0.6in; padding-top: 0in;" valign="top" width="19">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p>
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 5.4pt; width: 62.8pt; padding-right: 5.4pt; height: 0.6in; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="84">
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"><b><font style="font-size: 10pt;" class="_mt">Balance as of January 30, 2010</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 15.8pt; padding-right: 5.4pt; height: 0.6in; padding-top: 0in;" valign="bottom" width="21">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 5.4pt; width: 80.2pt; padding-right: 5.4pt; height: 0.6in; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="107">
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"><b><font style="font-size: 10pt;" class="_mt">Quoted Prices in Active Markets for Identical Assets (Level 1)</font></b></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.6in; border-top: windowtext 0pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="17"> </td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 5.4pt; width: 79.7pt; padding-right: 5.4pt; height: 0.6in; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="106">
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"><b><font style="font-size: 10pt;" class="_mt">Significant Other Observable Inputs (Level 2)</font></b></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.6in; border-top: windowtext 0pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="17" colspan="2"> </td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 5.4pt; width: 83.1pt; padding-right: 5.4pt; height: 0.6in; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="111" colspan="2">
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"><b><font style="font-size: 10pt;" class="_mt">Significant Unobservable Inputs (Level 3)</font></b></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; padding-right: 0in; border-top: medium none; border-right: medium none; padding-top: 0in;">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td></tr>
<tr style="height: 0.15in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 157.3pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="210">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 10pt;" class="_mt"> <i>Cash equivalents: </i></font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 13.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="top" width="19">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 5.4pt; width: 62.8pt; padding-right: 5.4pt; height: 0.15in; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="84">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 15.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="21">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 5.4pt; width: 80.2pt; padding-right: 5.4pt; height: 0.15in; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="107">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 5.4pt; width: 79.7pt; padding-right: 5.4pt; height: 0.15in; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="106">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 5.4pt; width: 83.1pt; padding-right: 5.4pt; height: 0.15in; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="111" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; padding-right: 0in; border-top: medium none; border-right: medium none; padding-top: 0in;">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td></tr>
<tr style="height: 0.15in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 157.3pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="210">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 10pt;" class="_mt"> Money market account</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 13.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="top" width="19">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 62.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="84">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt">$ 8,256 </font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 15.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="21">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 80.2pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="107">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt">$ 8,256 </font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 79.7pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="106">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> $ –</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 83.1pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="111" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> $ –</font></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; padding-right: 0in; border-top: medium none; border-right: medium none; padding-top: 0in;">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td></tr>
<tr style="height: 0.15in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 157.3pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="210">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 10pt;" class="_mt"> <i>Marketable securities: </i></font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 13.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="19">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 62.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="84">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 15.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="21">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 80.2pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="107">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 79.7pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="106">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 83.1pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="111" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; padding-right: 0in; border-top: medium none; border-right: medium none; padding-top: 0in;">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td></tr>
<tr style="height: 0.15in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 157.3pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="210">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 10pt;" class="_mt"> Variable rate demand notes</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 13.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="19">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 62.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="84">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt">207,895</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 15.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="21">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 80.2pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="107">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt">–</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 79.7pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="106">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> 207,895 </font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 83.1pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="111" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> –</font></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; padding-right: 0in; border-top: medium none; border-right: medium none; padding-top: 0in;">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td></tr>
<tr style="height: 0.15in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 157.3pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="210">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 10pt;" class="_mt"> Municipal securities</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 13.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="19">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 62.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="84">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt">111,153</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 15.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="21">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 80.2pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="107">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt">–</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 79.7pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="106">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> 111,153 </font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 83.1pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="111" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> –</font></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; padding-right: 0in; border-top: medium none; border-right: medium none; padding-top: 0in;">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td></tr>
<tr style="height: 0.15in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 157.3pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="210">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 10pt;" class="_mt"> U.S. government securities</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 13.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="19">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 62.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="84">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt">33,383</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 15.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="21">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 80.2pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="107">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt">33,383</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 79.7pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="106">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> –</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 83.1pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="111" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> –</font></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; padding-right: 0in; border-top: medium none; border-right: medium none; padding-top: 0in;">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td></tr>
<tr style="height: 0.15in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 157.3pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="210">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 10pt;" class="_mt"> Corporate bonds</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 13.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="19">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 62.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="84">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt">12,826</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 15.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="21">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 80.2pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="top" width="107">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> –</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 79.7pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="106">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> 12,826 </font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 83.1pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="111" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> –</font></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; padding-right: 0in; border-top: medium none; border-right: medium none; padding-top: 0in;">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td></tr>
<tr style="height: 0.15in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 157.3pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="210">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 10pt;" class="_mt"> Asset-backed securities</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 13.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="19">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 62.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="84">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt">21,243</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 15.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="21">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 80.2pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="top" width="107">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> –</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 79.7pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="106">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> 21,243 </font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 83.1pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="111" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> –</font></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; padding-right: 0in; border-top: medium none; border-right: medium none; padding-top: 0in;">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td></tr>
<tr style="height: 0.15in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 157.3pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" width="210">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><b><font style="font-size: 10pt;" class="_mt">Non Current Assets </font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 13.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" width="19">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 62.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" width="84">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 15.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="21">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 80.2pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" width="107">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 79.7pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" width="106">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 83.1pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" width="111" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; padding-right: 0in; border-top: medium none; border-right: medium none; padding-top: 0in;">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td></tr>
<tr style="height: 0.15in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 157.3pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="210">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 10pt;" class="_mt"> Note receivable </font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 13.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="19">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 62.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="84">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt">20,000</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 15.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="21">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 80.2pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="107">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> –</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 79.7pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="106">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt">20,000</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 83.1pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="111" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> –</font></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; padding-right: 0in; border-top: medium none; border-right: medium none; padding-top: 0in;">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td></tr>
<tr style="height: 0.15in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 157.3pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="210">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 10pt;" class="_mt"> Deferred compensation plan </font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 13.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="19">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 62.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="84">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt">4,050</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 15.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="21">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 80.2pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="107">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt">4,050</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 79.7pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="106">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> –</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 83.1pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="111" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> –</font></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; padding-right: 0in; border-top: medium none; border-right: medium none; padding-top: 0in;">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td></tr>
<tr style="height: 0.15in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 157.3pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="210">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><b><font style="font-size: 10pt;" class="_mt">Total </font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 13.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="19">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 3px double; border-left: medium none; padding-bottom: 0in; padding-left: 5.4pt; width: 62.8pt; padding-right: 5.4pt; height: 0.15in; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="84">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt">$ 418,806 </font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 15.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="21">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="border-bottom: windowtext 3px double; border-left: medium none; padding-bottom: 0in; padding-left: 5.4pt; width: 80.2pt; padding-right: 5.4pt; height: 0.15in; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="107">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt">$ 45,689 </font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="border-bottom: windowtext 3px double; border-left: medium none; padding-bottom: 0in; padding-left: 5.4pt; width: 79.7pt; padding-right: 5.4pt; height: 0.15in; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="106">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> $ 373,117 </font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="border-bottom: windowtext 3px double; border-left: medium none; padding-bottom: 0in; padding-left: 5.4pt; width: 83.1pt; padding-right: 5.4pt; height: 0.15in; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="111" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> $ –</font></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; padding-right: 0in; border-top: medium none; border-right: medium none; padding-top: 0in;">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td></tr>
<tr style="height: 48.6pt;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 157.3pt; padding-right: 5.4pt; height: 48.6pt; padding-top: 0in;" valign="bottom" width="210">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><b><font style="font-size: 10pt;" class="_mt">Current Assets</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 13.9pt; padding-right: 5.4pt; height: 48.6pt; padding-top: 0in;" valign="top" width="19">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 5.4pt; width: 62.8pt; padding-right: 5.4pt; height: 48.6pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="84">
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"><b><font style="font-size: 10pt;" class="_mt">Balance as of October 31, 2009</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 15.8pt; padding-right: 5.4pt; height: 48.6pt; padding-top: 0in;" valign="bottom" width="21">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 5.4pt; width: 80.2pt; padding-right: 5.4pt; height: 48.6pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="107">
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"><b><font style="font-size: 10pt;" class="_mt">Quoted Prices in Active Markets for Identical Assets (Level 1)</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 48.6pt; padding-top: 0in;" valign="bottom" width="17">
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 5.4pt; width: 79.7pt; padding-right: 5.4pt; height: 48.6pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="106">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="style3"><b><font style="font-size: 10pt;" class="_mt">Significant Other Observable Inputs (Level 2)</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 48.6pt; padding-top: 0in;" valign="bottom" width="17" colspan="2">
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 5.4pt; width: 83.1pt; padding-right: 5.4pt; height: 48.6pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="111" colspan="2">
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"><b><font style="font-size: 10pt;" class="_mt">Significant Unobservable Inputs (Level 3)</font></b></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; padding-right: 0in; border-top: medium none; border-right: medium none; padding-top: 0in;">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td></tr>
<tr style="height: 0.15in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 157.3pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="210">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 10pt;" class="_mt"> <i>Cash equivalents: </i></font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 13.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="top" width="19">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 62.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="84">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 15.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="21">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 5.4pt; width: 80.2pt; padding-right: 5.4pt; height: 0.15in; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="107">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 5.4pt; width: 79.7pt; padding-right: 5.4pt; height: 0.15in; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="106">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 5.4pt; width: 83.1pt; padding-right: 5.4pt; height: 0.15in; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="111" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; padding-right: 0in; border-top: medium none; border-right: medium none; padding-top: 0in;">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td></tr>
<tr style="height: 0.15in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 157.3pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="210">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 10pt;" class="_mt"> Money market account</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 13.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="top" width="19">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 62.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="84">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 10pt;" class="_mt">$ 11,782 </font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 15.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="21">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 80.2pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="107">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt">$ 11,782 </font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 79.7pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="106">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> $ –</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 83.1pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="111" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> $ –</font></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; padding-right: 0in; border-top: medium none; border-right: medium none; padding-top: 0in;">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td></tr>
<tr style="height: 0.15in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 157.3pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="210">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 10pt;" class="_mt"> <i>Marketable securities: </i></font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 13.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="19">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 62.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="84">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 15.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="21">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 80.2pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="107">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 79.7pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="106">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 83.1pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="111" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; padding-right: 0in; border-top: medium none; border-right: medium none; padding-top: 0in;">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td></tr>
<tr style="height: 0.15in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 157.3pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="210">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 10pt;" class="_mt"> Variable rate demand notes</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 13.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="19">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 62.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="84">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt">251,804 </font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 15.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="21">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 80.2pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="top" width="107">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> –</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 79.7pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="106">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> 251,804 </font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 83.1pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="111" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> –</font></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; padding-right: 0in; border-top: medium none; border-right: medium none; padding-top: 0in;">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td></tr>
<tr style="height: 0.15in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 157.3pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="210">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 10pt;" class="_mt"> Municipal securities</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 13.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="19">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 62.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="84">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt">61,645 </font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 15.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="21">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 80.2pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="top" width="107">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> –</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 79.7pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="106">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> 61,645 </font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 83.1pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="111" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> –</font></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; padding-right: 0in; border-top: medium none; border-right: medium none; padding-top: 0in;">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td></tr>
<tr style="height: 0.15in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 157.3pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="210">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 10pt;" class="_mt"> U.S. government securities</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 13.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="19">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 62.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="84">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt">10,489</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 15.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="21">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 80.2pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="107">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> 10,489</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 79.7pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="106">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> –</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 83.1pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="111" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> –</font></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; padding-right: 0in; border-top: medium none; border-right: medium none; padding-top: 0in;">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td></tr>
<tr style="height: 0.15in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 157.3pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="210">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 10pt;" class="_mt"> Corporate bonds</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 13.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="19">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 62.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="84">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt">12,841</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 15.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="21">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 80.2pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="top" width="107">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 79.7pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="106">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt">12,841</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 83.1pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="111" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; padding-right: 0in; border-top: medium none; border-right: medium none; padding-top: 0in;">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td></tr>
<tr style="height: 0.15in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 157.3pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="210">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 10pt;" class="_mt"> Asset-backed securities</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 13.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="19">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 62.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="84">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt">25,543</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 15.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="21">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 80.2pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="top" width="107">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> –</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 79.7pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="106">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> 25,543 </font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 83.1pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="111" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> –</font></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; padding-right: 0in; border-top: medium none; border-right: medium none; padding-top: 0in;">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td></tr>
<tr style="height: 0.15in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 157.3pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" width="210">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><b><font style="font-size: 10pt;" class="_mt">Non Current Assets </font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 13.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" width="19">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 62.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" width="84">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 15.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="21">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 80.2pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" width="107">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 79.7pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" width="106">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 83.1pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" width="111" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; padding-right: 0in; border-top: medium none; border-right: medium none; padding-top: 0in;">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td></tr>
<tr style="height: 0.15in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 157.3pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="210">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 10pt;" class="_mt"> Note receivable</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 13.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" width="19">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 62.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" width="84">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt">22,000</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 15.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="21">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 80.2pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" width="107">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 79.7pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" width="106">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt">22,000</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 83.1pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" width="111" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; padding-right: 0in; border-top: medium none; border-right: medium none; padding-top: 0in;">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td></tr>
<tr style="height: 0.15in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 157.3pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="210">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 10pt;" class="_mt"> Deferred compensation plan </font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 13.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="19">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 62.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="84">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt">4,044</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 15.8pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="21">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 80.2pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="107">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt">4,044</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 79.7pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="106">
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"><font style="font-size: 10pt;" class="_mt"> –</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="17" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 83.1pt; padding-right: 5.4pt; height: 0.15in; padding-top: 0in;" valign="bottom" width="111" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> –</font></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; padding-right: 0in; border-top: medium none; border-right: medium none; padding-top: 0in;">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td></tr>
<tr style="height: 13.55pt;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 157.3pt; padding-right: 5.4pt; height: 13.55pt; padding-top: 0in;" valign="bottom" width="210">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><b><font style="font-size: 10pt;" class="_mt">Total </font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 13.9pt; padding-right: 5.4pt; height: 13.55pt; padding-top: 0in;" valign="bottom" width="19">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 5.4pt; width: 62.8pt; padding-right: 5.4pt; height: 13.55pt; border-top: windowtext 0pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="84">
<p style="border-bottom: black 3px double; text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt">$ 400,148 </font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 15.8pt; padding-right: 5.4pt; height: 13.55pt; padding-top: 0in;" valign="bottom" width="21">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 5.4pt; width: 80.2pt; padding-right: 5.4pt; height: 13.55pt; border-top: windowtext 0pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="107">
<p style="border-bottom: black 3px double; text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt">$ 26,315 </font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 13.55pt; padding-top: 0in;" valign="bottom" width="17">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 5.4pt; width: 79.7pt; padding-right: 5.4pt; height: 13.55pt; border-top: windowtext 0pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="106">
<p style="border-bottom: black 3px double; text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt">$ 373,833 </font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 12.9pt; padding-right: 5.4pt; height: 13.55pt; padding-top: 0in;" valign="bottom" width="17" colspan="2">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 5.4pt; width: 83.1pt; padding-right: 5.4pt; height: 13.55pt; border-top: windowtext 0pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="111" colspan="2">
<p style="border-bottom: black 3px double; text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 10pt;" class="_mt"> $ –</font></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; padding-right: 0in; border-top: medium none; border-right: medium none; padding-top: 0in;">
<p style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td></tr></table></div> </div>Note 7. Fair Value Measurements
Our financial instruments consist of cash and cash equivalents, marketable securities, trade receivables andfalsefalsefalseus-types:textBlockItemTypetextblockThis item represents the complete disclosure regarding the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments, 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 Company 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 risk is 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.Reference 1: http://www.xbrl.org/2003/role/presentationRef
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IDEA: Net Income Per Share
2.2.0.7falseNet Income Per Share10601 - Disclosure - Net Income Per Sharetruefalsefalsefalse1USDfalsefalseUnit1Standardhttp://www.xbrl.org/2003/iso4217USDiso42170Unit12Standardhttp://www.xbrl.org/2003/instancepurexbrli0Unit14Dividehttp://www.xbrl.org/2003/iso4217USDiso4217http://www.xbrl.org/2003/instancesharesxbrli0Unit13Standardhttp://www.xbrl.org/2003/instancesharesxbrli0$53us-gaap_EarningsPerShareTextBlockus-gaaptruenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalsefalseterselabelfalse1falsefalsefalsefalse00<div>
<h4 style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;">Note 6. Net Income Per Share</h4>
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p>
<p style="text-align: justify; text-indent: 0.5in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal">In June 2008, accounting guidance was issued related to share-based awards that qualify as participating securities. In accordance with this guidance, unvested share-based payment awards that include non-forfeitable rights to dividends, whether paid or unpaid, are considered participating securities. As a result, such awards are required to be included in the calculation of basic earnings per common share pursuant to the "two-class" method. For us, participating securities are generally comprised of unvested restricted stock awards. </p>
<p style="text-align: justify; text-indent: 0.5in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoBodyText2"> </p>
<p style="text-align: justify; text-indent: 0.5in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoBodyText2">Basic EPS is determined using the two-class method and is computed by dividing net income available to common shareholders by the weighted-average number of common shares outstanding during the period. Diluted EPS reflects the dilutive effect of potential common shares from securities such as stock options.</p>
<p style="text-align: justify; text-indent: 0.5in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoBodyText2"> </p>
<p style="text-align: justify; text-indent: 0.5in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoBodyText2">The following table sets forth the computation of basic and diluted EPS shown on the face of the accompanying consolidated statements of income:</p>
<p style="line-height: 4pt; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><b> </b> </p>
<div align="center">
<table style="border-collapse: collapse; font-family: 'Calibri','sans-serif'; font-size: 11pt;" class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="758">
<tr style="height: 6.3pt;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 264pt; padding-right: 5.4pt; height: 6.3pt; padding-top: 0in;" width="352">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 11.8pt; padding-right: 5.4pt; height: 6.3pt; padding-top: 0in;" width="16">
<h6 style="text-align: left; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" align="left"><font style="font-size: 11pt;" class="_mt"> </font> </h6></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 146.75pt; padding-right: 5.4pt; height: 6.3pt; padding-top: 0in;" valign="bottom" rowspan="2" width="196" colspan="2">
<div style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 1pt; padding-left: 0in; padding-right: 0in; margin-left: 4.5pt; border-top: medium none; margin-right: 0in; border-right: medium none; padding-top: 0in;">
<p style="border-bottom: medium none; text-align: center; border-left: medium none; padding-bottom: 0in; line-height: 93%; margin: 0in 0in 0pt; padding-left: 0in; padding-right: 0in; font-family: 'Times New Roman','serif'; font-size: 12pt; border-top: medium none; border-right: medium none; padding-top: 0in;" class="MsoNormal" align="center"><b><font style="line-height: 93%; font-size: 10pt;" class="_mt">Thirty-Nine Weeks Ended</font></b></p></div></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 146.1pt; padding-right: 5.4pt; height: 6.3pt; padding-top: 0in;" valign="bottom" rowspan="2" width="195" colspan="2">
<div style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 1pt; padding-left: 0in; padding-right: 0in; margin-left: 4.5pt; border-top: medium none; margin-right: 0in; border-right: medium none; padding-top: 0in;">
<p style="border-bottom: medium none; text-align: center; border-left: medium none; padding-bottom: 0in; line-height: 93%; margin: 0in 0in 0pt; padding-left: 0in; padding-right: 0in; font-family: 'Times New Roman','serif'; font-size: 12pt; border-top: medium none; border-right: medium none; padding-top: 0in;" class="MsoNormal" align="center"><b><font style="line-height: 93%; font-size: 10pt;" class="_mt">Thirteen Weeks Ended</font></b></p></div></td></tr>
<tr style="height: 0.25in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 264pt; padding-right: 5.4pt; height: 0.25in; padding-top: 0in;" width="352">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 11.8pt; padding-right: 5.4pt; height: 0.25in; padding-top: 0in;" width="16">
<h6 style="text-align: left; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" align="left"><font style="font-size: 11pt;" class="_mt"> </font> </h6></td></tr>
<tr style="height: 0.35in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 264pt; padding-right: 5.4pt; height: 0.35in; padding-top: 0in;" width="352">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 11.8pt; padding-right: 5.4pt; height: 0.35in; padding-top: 0in;" width="16">
<h6 style="text-align: left; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" align="left"><font style="font-size: 11pt;" class="_mt"> </font> </h6></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 0.35in; padding-top: 0in;" valign="top" width="96">
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"><b><u><font style="font-size: 10pt;" class="_mt">October 30, 2010</font></u></b></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 74.75pt; padding-right: 5.4pt; height: 0.35in; padding-top: 0in;" valign="top" width="100">
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"><b><u><font style="font-size: 10pt;" class="_mt">October 31, 2009</font></u></b></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 0.35in; padding-top: 0in;" valign="top" width="96">
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"><b><u><font style="font-size: 10pt;" class="_mt">October 30, 2010</font></u></b></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 74.1pt; padding-right: 5.4pt; height: 0.35in; padding-top: 0in;" valign="top" width="99">
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"><b><u><font style="font-size: 10pt;" class="_mt">October 31, 2009</font></u></b></p></td></tr>
<tr style="height: 0.2in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 264pt; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" width="352">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><b><font style="font-size: 11pt;" class="_mt">Numerator </font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 11.8pt; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" width="16">
<h6 style="text-align: left; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" align="left"><font style="font-size: 11pt;" class="_mt"> </font> </h6></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" valign="top" width="96">
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 74.75pt; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" valign="top" width="100">
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" valign="top" width="96">
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 74.1pt; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" valign="top" width="99">
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"> </p></td></tr>
<tr style="height: 0.2in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 264pt; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" width="352">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 11pt;" class="_mt">Net income </font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 11.8pt; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" width="16">
<h6 style="text-align: left; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" align="left"><font style="font-size: 11pt;" class="_mt"> </font> </h6></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" valign="top" width="96">
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"><font style="font-size: 11pt;" class="_mt">$ 94,700</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 74.75pt; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" valign="top" width="100">
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"><font style="font-size: 11pt;" class="_mt">$ 52,138</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" valign="top" width="96">
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"><font style="font-size: 11pt;" class="_mt">$ 28,844</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 74.1pt; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" valign="top" width="99">
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"><font style="font-size: 11pt;" class="_mt">$ 22,745</font></p></td></tr>
<tr style="height: 0.2in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 264pt; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" width="352">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 11pt;" class="_mt">Net income allocated to participating securities </font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 11.8pt; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" width="16">
<h6 style="text-align: left; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" align="left"><font style="font-size: 11pt;" class="_mt"> </font> </h6></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" valign="top" width="96">
<p style="border-bottom: black 1px solid; text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"><font style="font-size: 11pt;" class="_mt"> (731)</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 74.75pt; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" valign="top" width="100">
<p style="border-bottom: black 1px solid; text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"><font style="font-size: 11pt;" class="_mt"> –</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" valign="top" width="96">
<p style="border-bottom: black 1px solid; text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"><font style="font-size: 11pt;" class="_mt"> (288)</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 74.1pt; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" valign="top" width="99">
<p style="border-bottom: black 1px solid; text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"><font style="font-size: 11pt;" class="_mt"> –</font></p></td></tr>
<tr style="height: 0.2in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 264pt; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" width="352">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 11pt;" class="_mt">Net income available to common shareholders </font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 11.8pt; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" width="16">
<h6 style="text-align: left; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" align="left"><font style="font-size: 11pt;" class="_mt"> </font> </h6></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" valign="top" width="96">
<p style="border-bottom: black 3px double; text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"><font style="font-size: 11pt;" class="_mt"> $ 93,969</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 74.75pt; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" valign="top" width="100">
<p style="border-bottom: black 3px double; text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"><font style="font-size: 11pt;" class="_mt">$ 52,138</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" valign="top" width="96">
<p style="border-bottom: black 3px double; text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"><font style="font-size: 11pt;" class="_mt">$ 28,556</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 74.1pt; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" valign="top" width="99">
<p style="border-bottom: black 3px double; text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 11pt;" class="_mt">$ 22,745</font></p></td></tr>
<tr style="height: 0.1in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 264pt; padding-right: 5.4pt; height: 0.1in; padding-top: 0in;" width="352">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 11.8pt; padding-right: 5.4pt; height: 0.1in; padding-top: 0in;" width="16">
<h6 style="text-align: left; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" align="left"><font style="font-size: 11pt;" class="_mt"> </font> </h6></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 0.1in; padding-top: 0in;" valign="top" width="96">
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 74.75pt; padding-right: 5.4pt; height: 0.1in; padding-top: 0in;" valign="top" width="100">
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 0.1in; padding-top: 0in;" valign="top" width="96">
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 74.1pt; padding-right: 5.4pt; height: 0.1in; padding-top: 0in;" valign="top" width="99">
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"> </p></td></tr>
<tr style="height: 0.2in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 264pt; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" width="352">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><b><font style="font-size: 11pt;" class="_mt">Denominator </font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 11.8pt; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" width="16">
<h6 style="text-align: left; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" align="left"><font style="font-size: 11pt;" class="_mt"> </font> </h6></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" valign="top" width="96">
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 74.75pt; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" valign="top" width="100">
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" valign="top" width="96">
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 74.1pt; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" valign="top" width="99">
<p style="text-align: center; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="center"> </p></td></tr>
<tr style="height: 0.3in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 264pt; padding-right: 5.4pt; height: 0.3in; padding-top: 0in;" width="352">
<p style="text-align: justify; text-indent: -18.6pt; margin: 0in 0in 0pt 18.6pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 11pt;" class="_mt"> Weighted average common shares outstanding – basic </font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 11.8pt; padding-right: 5.4pt; height: 0.3in; padding-top: 0in;" width="16">
<h6 style="text-align: left; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" align="left"><font style="font-size: 11pt;" class="_mt"> </font> </h6></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 0.3in; padding-top: 0in;" width="96">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 11pt;" class="_mt">177,027,767</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 74.75pt; padding-right: 5.4pt; height: 0.3in; padding-top: 0in;" width="100">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 11pt;" class="_mt">177,348,442</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 0.3in; padding-top: 0in;" width="96">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 11pt;" class="_mt">176,215,239</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 74.1pt; padding-right: 5.4pt; height: 0.3in; padding-top: 0in;" width="99">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 11pt;" class="_mt">177,661,902</font></p></td></tr>
<tr style="height: 0.2in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 264pt; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" width="352">
<p style="text-align: justify; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 11pt;" class="_mt"> Dilutive effect of stock options outstanding </font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 11.8pt; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" width="16">
<h6 style="text-align: left; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" align="left"><font style="font-size: 11pt; font-weight: normal;" class="_mt"> </font> </h6></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" valign="bottom" width="96">
<p style="border-bottom: black 1px solid; text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 11pt;" class="_mt"> 1,292,095 </font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 74.75pt; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" valign="bottom" width="100">
<p style="border-bottom: black 1px solid; text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 11pt;" class="_mt"> 1,167,520 </font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" valign="bottom" width="96">
<p style="border-bottom: black 1px solid; text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 11pt;" class="_mt"> 1,046,809 </font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 74.1pt; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" valign="bottom" width="99">
<p style="border-bottom: black 1px solid; text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 11pt;" class="_mt"> 1,589,267 </font></p></td></tr>
<tr style="height: 27.35pt;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 264pt; padding-right: 5.4pt; height: 27.35pt; padding-top: 0in;" width="352">
<p style="text-indent: -0.25in; margin: 0in 0in 0pt 18.6pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 11pt;" class="_mt"> Weighted average common and common equivalent shares outstanding – diluted</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 11.8pt; padding-right: 5.4pt; height: 27.35pt; padding-top: 0in;" width="16">
<h6 style="text-align: left; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" align="left"><font style="font-size: 11pt;" class="_mt"> </font> </h6></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 27.35pt; padding-top: 0in;" width="96">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p>
<p style="border-bottom: black 3px double; text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 11pt;" class="_mt"> 178,319,862</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 74.75pt; padding-right: 5.4pt; height: 27.35pt; padding-top: 0in;" width="100">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p>
<p style="border-bottom: black 3px double; text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 11pt;" class="_mt"> 178,515,962</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 27.35pt; padding-top: 0in;" width="96">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p>
<p style="border-bottom: black 3px double; text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 11pt;" class="_mt"> 177,262,048</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 74.1pt; padding-right: 5.4pt; height: 27.35pt; padding-top: 0in;" width="99">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p>
<p style="border-bottom: black 3px double; text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 11pt;" class="_mt"> 179,251,169</font></p></td></tr>
<tr style="height: 0.2in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 264pt; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" width="352">
<p style="text-indent: -0.25in; margin: 0in 0in 0pt 18.6pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 11pt;" class="_mt">Net income per common share:</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 11.8pt; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" width="16">
<h6 style="text-align: left; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" align="left"><font style="font-size: 11pt;" class="_mt"> </font> </h6></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" width="96">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 74.75pt; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" width="100">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" width="96">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 74.1pt; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" width="99">
<p style="text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"> </p></td></tr>
<tr style="height: 0.2in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 264pt; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" width="352">
<p style="text-indent: -0.25in; margin: 0in 0in 0pt 18.6pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 11pt;" class="_mt"> Basic</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 11.8pt; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" width="16">
<h6 style="text-align: left; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" align="left"><font style="font-size: 11pt;" class="_mt"> </font> </h6></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" width="96">
<p style="border-bottom: black 3px double; text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 11pt;" class="_mt">$ 0.53</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 74.75pt; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" width="100">
<p style="border-bottom: black 3px double; text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 11pt;" class="_mt">$ 0.29</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" width="96">
<p style="border-bottom: black 3px double; text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 11pt;" class="_mt">$ 0.16</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 74.1pt; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" width="99">
<p style="border-bottom: black 3px double; text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 11pt;" class="_mt">$ 0.13</font></p></td></tr>
<tr style="height: 0.2in;"><td style="padding-bottom: 0in; padding-left: 5.4pt; width: 264pt; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" width="352">
<p style="text-indent: -0.25in; margin: 0in 0in 0pt 18.6pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"><font style="font-size: 11pt;" class="_mt"> Diluted </font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 11.8pt; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" width="16">
<h6 style="text-align: left; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" align="left"><font style="font-size: 11pt;" class="_mt"> </font> </h6></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" width="96">
<p style="border-bottom: black 3px double; text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 11pt;" class="_mt">$ 0.53</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 74.75pt; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" width="100">
<p style="border-bottom: black 3px double; text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 11pt;" class="_mt">$ 0.29</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" width="96">
<p style="border-bottom: black 3px double; text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 11pt;" class="_mt">$ 0.16</font></p></td>
<td style="padding-bottom: 0in; padding-left: 5.4pt; width: 74.1pt; padding-right: 5.4pt; height: 0.2in; padding-top: 0in;" width="99">
<p style="border-bottom: black 3px double; text-align: right; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal" align="right"><font style="font-size: 11pt;" class="_mt">$ 0.13</font></p></td></tr></table></div>
<p style="text-align: justify; line-height: 8pt; text-indent: 0.5in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p>
<p style="text-align: justify; text-indent: 0.5in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal">For the thirteen weeks ended October 30, 2010 and October 31, 2009, 3,785,990 and 2,629,786 potential shares of common stock, respectively, were excluded from the computation of diluted EPS relating to stock option awards because the effect of including these potential shares would have been anti-dilutive. </p>
<p style="text-align: justify; line-height: 11pt; text-indent: 0in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt; font-weight: bold;" class="MsoBodyTextIndent2"> </p>
<p style="text-align: justify; text-indent: 0.5in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal">For the thirty-nine weeks ended October 30, 2010 and October 31, 2009, 3,349,846 and 3,532,428 potential shares of common stock, respectively, were excluded from the computation of diluted EPS relating to stock option awards because the effect of including these potential shares would have been anti-dilutive. </p> </div>Note 6. Net Income Per Share
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<h1 style="margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt; font-weight: normal;"><b><font style="text-decoration: none; text-underline: none;" class="_mt">Note 4. Income Taxes </font></b></h1>
<p style="text-align: justify; line-height: 10pt; text-indent: 0.5in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p>
<div>
<p style="text-align: justify; text-indent: 0.5in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal">Our <a name="jump_exp_7"> </a><a name="jump_exp_8"> </a>uncertain tax <a name="jump_exp_9"> </a>positions were $4.2 million and $6.9 million at October 30, 2010 and January 30, 2010, respectively. During the third quarter, uncertain tax positions decreased $2.5 million as a result of a tax audit settlement on more favorable terms than had been originally estimated. However, as of October 30, 2010, we do not believe that the balance of our uncertain tax positions will significantly increase or decrease within the next twelve months. We are currently subject to income tax examinations by various states, but do not expect the resolution of the examinations will have a material impact on our financial position, results of operations, or liquidity.</p>
<p style="text-align: justify; text-indent: 0.5in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p>
<p style="text-align: justify; text-indent: 0.5in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal">During the third quarter, in connection with the filing of our fiscal year 2009 income tax return, Chico's filed accounting method changes with the Internal Revenue Service regarding how fixed assets are classified and depreciated for tax purposes. While these changes had virtually no effect on our current year tax rate and income statement for the third quarter and year, they did result in monetizing about $29.1 million in deferred tax assets, a portion of which has been reclassified to an income tax receivable on our balance sheet at<font style="color: navy;" class="_mt"> </font>the end of the third quarter.</p>
<p style="text-align: justify; line-height: 12pt; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p>
<p style="text-indent: 0.5in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal">Our effective tax rate decreased for the current quarter to 35.4% compared to 37.9% in the third quarter of last year due primarily to a favorable state tax audit settlement. </p>
<p style="text-align: justify; line-height: 9pt; text-indent: 0.5in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal"> </p>
<p style="text-align: justify; text-indent: 0.5in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt;" class="MsoNormal">Our effective tax rate for the thirty-nine weeks ended October 30, 2010 is 36.0% compared to an effective tax rate of 37.5% for the thirty-nine weeks ended October 31, 2009. Our effective tax rate was lower in the current thirty-nine week period compared to last year due primarily to favorable state tax audit settlements and the restoration of a state tax receivable due to a favorable ruling.</p>
<h1 style="text-align: justify; line-height: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt; font-weight: normal; text-decoration: underline; text-underline: single;"><font style="text-decoration: none;" class="_mt"> </font> </h1></div> </div>Note 4. Income Taxes
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<p style="text-align: justify; text-indent: 0in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt; font-weight: bold;" class="MsoBodyTextIndent2">Note 8. Share Repurchase Program</p>
<p style="text-align: justify; text-indent: 0in; margin: 0in 0in 0pt; font-family: 'Times New Roman','serif'; font-size: 12pt; font-weight: bold;" class="MsoBodyTextIndent2"> </p>
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false302us-gaap_PaymentsOfDividendsCommonStockus-gaaptruecreditdurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalsetruenegatedfalse1falsetruefalsefalse-21389000-21389falsefalsefalse2falsetruefalsefalse00falsefalsefalsexbrli:monetaryItemTypemonetaryThe cash outflow from the distribution of an entity's earnings in the form of dividends to common shareholders.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 95
-Paragraph 18
Reference 2: http://www.xbrl.org/2003/role/presentationRef
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-Name Statement of Financial Accounting Standard (FAS)
-Number 95
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false312us-gaap_PaymentsForRepurchaseOfCommonStockus-gaaptruecreditdurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalsetruenegatedfalse1falsetruefalsefalse-18654000-18654falsefalsefalse2falsetruefalsefalse-179000-179falsefalsefalsexbrli:monetaryItemTypemonetaryThe cash outflow to reacquire common stock during the period.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 95
-Paragraph 18
Reference 2: http://www.xbrl.org/2003/role/presentationRef
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-Name Statement of Financial Accounting Standard (FAS)
-Number 95
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false322us-gaap_NetCashProvidedByUsedInFinancingActivitiesus-gaaptruedebitdurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalsefalsetotallabelfalse1falsetruefalsefalse-36683000-36683falsefalsefalse2falsetruefalsefalse52540005254falsefalsefalsexbrli:monetaryItemTypemonetaryThe net cash inflow (outflow) from financing activity for the period.Reference 1: http://www.xbrl.org/2003/role/presentationRef
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-Name Statement of Financial Accounting Standard (FAS)
-Number 95
-Paragraph 26
true332us-gaap_CashAndCashEquivalentsPeriodIncreaseDecreaseus-gaaptruenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalsefalsetotallabelfalse1falsetruefalsefalse-15113000-15113falsefalsefalse2falsetruefalsefalse3443600034436falsefalsefalsexbrli:monetaryItemTypemonetaryThe net change between the beginning and ending balance of cash and cash equivalents.Reference 1: http://www.xbrl.org/2003/role/presentationRef
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-Name Statement of Financial Accounting Standard (FAS)
-Number 95
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true342us-gaap_CashAndCashEquivalentsAtCarryingValueus-gaaptruedebitinstantNo definition available.falsefalsefalsefalsefalsefalsefalsefalsetruefalsefalseperiodstartlabelfalse1falsetruefalsefalse3704300037043falsefalsefalse2falsetruefalsefalse2654900026549falsefalsefalsexbrli:monetaryItemTypemonetaryIncludes currency on hand as well as demand deposits with banks or financial institutions. It also includes other kinds of accounts that have the general characteristics of demand deposits in that the Entity may deposit additional funds at any time and also effectively may withdraw funds at any time without prior notice or penalty. Cash equivalents, excluding items classified as marketable securities, include short-term, highly liquid investments that are both readily convertible to known amounts of cash, and so near their maturity that they present minimal risk of changes in value because of changes in interest rates. Generally, only investments with original maturities of three months or less qualify under that definition. Original maturity means original maturity to the entity holding the investment. For example, both a three-month US Treasury bill and a three-year Treasury note purchased three months from maturity qualify as cash equivalents. However, a Treasury note purchased th
ree years ago does not become a cash equivalent when its remaining maturity is three months. Compensating balance arrangements that do not legally restrict the withdrawal or usage of cash amounts may be reported as Cash and Cash Equivalents, while legally restricted deposits held as compensating balances against borrowing arrangements, contracts entered into with others, or company statements of intention with regard to particular deposits should not be reported as cash and cash equivalents.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 95
-Paragraph 7, 26
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 95
-Paragraph 8, 9
Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 95
-Paragraph 7
-Footnote 1
Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 1
-Article 5
false351us-gaap_CashAndCashEquivalentsAtCarryingValueus-gaaptruedebitinstantNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsetruefalseperiodendlabelfalse1falsetruefalsefalse2193000021930falsefalsefalse2falsetruefalsefalse6098500060985falsefalsefalsexbrli:monetaryItemTypemonetaryIncludes currency on hand as well as demand deposits with banks or financial institutions. It also includes other kinds of accounts that have the general characteristics of demand deposits in that the Entity may deposit additional funds at any time and also effectively may withdraw funds at any time without prior notice or penalty. Cash equivalents, excluding items classified as marketable securities, include short-term, highly liquid investments that are both readily convertible to known amounts of cash, and so near their maturity that they present minimal risk of changes in value because of changes in interest rates. Generally, only investments with original maturities of three months or less qualify under that definition. Original maturity means original maturity to the entity holding the investment. For example, both a three-month US Treasury bill and a three-year Treasury note purchased three months from maturity qualify as cash equivalents. However, a Treasury note purchased th
ree years ago does not become a cash equivalent when its remaining maturity is three months. Compensating balance arrangements that do not legally restrict the withdrawal or usage of cash amounts may be reported as Cash and Cash Equivalents, while legally restricted deposits held as compensating balances against borrowing arrangements, contracts entered into with others, or company statements of intention with regard to particular deposits should not be reported as cash and cash equivalents.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 95
-Paragraph 7, 26
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 95
-Paragraph 8, 9
Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 95
-Paragraph 7
-Footnote 1
Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 1
-Article 5
false361us-gaap_SupplementalCashFlowInformationAbstractus-gaaptruenadurationNo definition available.falsefalsefalsefalsefalsetruefalsefalsefalsefalsefalsefalse1falsefalsefalsefalse00falsefalsefalse2falsefalsefalsefalse00falsefalsefalsexbrli:stringItemTypestringNo definition available.false372us-gaap_InterestPaidus-gaaptruecreditdurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalsefalselabelfalse1falsetruefalsefalse212000212falsefalsefalse2falsetruefalsefalse230000230falsefalsefalsexbrli:monetaryItemTypemonetaryThe amount of cash paid during the current period for interest owed on money borrowed; includes amount of interest capitalizedReference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 95
-Paragraph 29
false382us-gaap_IncomeTaxesPaidNetus-gaaptruecreditdurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalsefalselabelfalse1falsetruefalsefalse4053800040538falsefalsefalse2falsetruefalsefalse1924200019242falsefalsefalsexbrli:monetaryItemTypemonetaryThe amount of cash paid during the current period to foreign, federal, state, and local authorities as taxes on income, net of any cash received during the current period as refunds for the overpayment of taxes.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 95
-Paragraph 29
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 95
-Paragraph 27
-Subparagraph f
false391us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstractus-gaaptruenadurationNo definition available.falsefalsefalsefalsefalsetruefalsefalsefalsefalsefalsefalse1falsefalsefalsefalse00falsefalsefalse2falsefalsefalsefalse00falsefalsefalsexbrli:stringItemTypestringDesignated to encapsulate the entire footnote disclosure that gives information on the supplemental cash flow activities for noncash (or part noncash) transactions for the period. Noncash is defined as information about all investing and financing activities of an enterprise during a period that affect recognized assets or liabilities but that do not result in cash receipts or cash payments in the period. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period.false402us-gaap_ProceedsFromSaleOfForeclosedAssetsus-gaaptruedebitdurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalsefalsefalse1truetruefalsefalse2000000020000falsefalsefalse2truetruefalsefalse00falsefalsefalsexbrli:monetaryItemTypemonetaryThe cash inflow from the sale assets received in full or partial satisfaction of a receivable including real and personal property; equity interests in corporations, partnerships, and joint ventures; and beneficial interests in trusts. Foreclosed assets also include loans that are treated as if the underlying collateral had been foreclosed because the institution has taken possession of the collateral, even though legal foreclosure or repossession proceedings have not taken place.Reference 1: http://www.xbrl.org/2003/role/presentationRef
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-Name Statement of Financial Accounting Standard (FAS)
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