The recognition of this tax benefit had a dramatic one-time impact on our net income for fiscal year 2007 and is not reflective of future results. Excluding the effect of the tax benefit the Company's net income as a percentage of sales and earnings per share are consistent with prior period results.
Fiscal year 2007 was successful in sales, profits, distribution growth and brand awareness growth. Our sights are now set on new opportunities for fiscal year 2008 with three distinctive brands to design and distribute.