0001193125-15-172109.txt : 20150505 0001193125-15-172109.hdr.sgml : 20150505 20150505161656 ACCESSION NUMBER: 0001193125-15-172109 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 11 CONFORMED PERIOD OF REPORT: 20150331 FILED AS OF DATE: 20150505 DATE AS OF CHANGE: 20150505 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MARINEMAX INC CENTRAL INDEX KEY: 0001057060 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-AUTO & HOME SUPPLY STORES [5531] IRS NUMBER: 593496957 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-14173 FILM NUMBER: 15833189 BUSINESS ADDRESS: STREET 1: 2600 MCCORMICK DRIVE STREET 2: SUITE200 CITY: CLEARWATER STATE: FL ZIP: 33759 BUSINESS PHONE: 8135318150 MAIL ADDRESS: STREET 1: 2600 MCCORMICK DRIVE STREET 2: SUITE200 CITY: CLEARWATER STATE: FL ZIP: 33759 10-Q 1 d882930d10q.htm FORM 10-Q Form 10-Q
Table of Contents

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

 

 

FORM 10-Q

 

 

 

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

FOR THE QUARTERLY PERIOD ENDED MARCH 31, 2015.

Commission File Number. 1-14173

 

 

MARINEMAX, INC.

(Exact Name of Registrant as Specified in Its Charter)

 

 

 

Florida   59-3496957

(State or Other Jurisdiction of

Incorporation or Organization)

 

(I.R.S. Employer

Identification Number)

2600 McCormick Drive, Suite 200

Clearwater, Florida

  33759
(Address of Principal Executive Offices)   (ZIP Code)

727-531-1700

(Registrant’s 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  x    No  ¨

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

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

 

Large accelerated filer   ¨    Accelerated filer   x
Non-accelerated filer   ¨  (Do not check if a smaller reporting company)    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  ¨    No  x

The number of outstanding shares of the registrant’s Common Stock on April 30, 2015 was 25,493,958.

 

 

 


Table of Contents

MARINEMAX, INC. AND SUBSIDIARIES

Table of Contents

 

Item No.

       Page  

PART I FINANCIAL INFORMATION

  

1.

 

Financial Statements (Unaudited):

  
 

Condensed Consolidated Statements of Operations for the
Three Months and Six Months Ended March 31, 2014 and 2015

     1   
 

Condensed Consolidated Balance Sheets as of
September 30, 2014 and March 31, 2015

     2   
 

Condensed Consolidated Statement of Stockholders’ Equity for the
Six Months Ended March 31, 2015

     3   
 

Condensed Consolidated Statements of Cash Flows for the
Six Months Ended March 31, 2014 and 2015

     4   
 

Notes to Condensed Consolidated Financial Statements

     5   

2.

 

Management’s Discussion and Analysis of Financial Condition and Results of Operations

     13   

3.

 

Quantitative and Qualitative Disclosures About Market Risk

     20   

4.

 

Controls and Procedures

     20   

PART II OTHER INFORMATION

  

1.

 

Legal Proceedings

     22   

1A.

 

Risk Factors

     22   

2.

 

Unregistered Sales of Equity Securities and Use of Proceeds

     22   

3.

 

Defaults Upon Senior Securities

     22   

4.

 

Mine Safety Disclosures

     22   

5.

 

Other Information

     22   

6.

 

Exhibits

     22   

SIGNATURES

     23   

EX – 31.1

  

EX – 31.2

  

EX – 32.1

  

EX – 32.2

  

EX – 101 INSTANCE DOCUMENT

  

EX – 101 SCHEMA DOCUMENT

  

EX – 101 CALCULATION LINKBASE DOCUMENT

  

EX – 101 DEFINITION LINKBASE DOCUMENT

  

EX – 101 LABEL LINKBASE DOCUMENT

  

EX – 101 PRESENTATION LINKBASE DOCUMENT

  

 

1


Table of Contents

PART I FINANCIAL INFORMATION

 

ITEM 1. Financial Statements

MARINEMAX, INC. AND SUBSIDIARIES

Condensed Consolidated Statements of Operations

(Amounts in thousands, except share and per share data)

(Unaudited)

 

     Three Months Ended
March 31,
     Six Months Ended
March 31,
 
     2014     2015      2014     2015  

Revenue

   $ 136,615      $ 172,143       $ 246,206      $ 330,269   

Cost of sales

     101,829        129,943         181,510        250,614   
  

 

 

   

 

 

    

 

 

   

 

 

 

Gross profit

  34,786      42,200      64,696      79,655   

Selling, general, and administrative expenses

  35,687      40,557      67,969      76,652   
  

 

 

   

 

 

    

 

 

   

 

 

 

(Loss) income from operations

  (901   1,643      (3,273   3,003   

Interest expense

  1,078      1,253      2,075      2,399   
  

 

 

   

 

 

    

 

 

   

 

 

 

(Loss) income before income taxes

  (1,979   390      (5,348   604   

Income taxes

  —        —        —        —     
  

 

 

   

 

 

    

 

 

   

 

 

 

Net (loss) income

$ (1,979 $ 390    $ (5,348 $ 604   
  

 

 

   

 

 

    

 

 

   

 

 

 

Basic net (loss) income per common share

$ (0.08 $ 0.02    $ (0.22 $ 0.02   
  

 

 

   

 

 

    

 

 

   

 

 

 

Diluted net (loss) income per common share

$ (0.08 $ 0.02    $ (0.22 $ 0.02   
  

 

 

   

 

 

    

 

 

   

 

 

 

Weighted average number of common shares used in computing net (loss) income per common share:

Basic

  23,845,302      24,544,272      23,779,913      24,409,969   
  

 

 

   

 

 

    

 

 

   

 

 

 

Diluted

  23,845,302      25,265,857      23,779,913      25,105,262   
  

 

 

   

 

 

    

 

 

   

 

 

 

See accompanying notes to condensed consolidated financial statements.

 

1


Table of Contents

MARINEMAX, INC. AND SUBSIDIARIES

Condensed Consolidated Balance Sheets

(Amounts in thousands, except share data)

(Unaudited)

 

     September 30,
2014
    March 31,
2015
 
ASSETS     

CURRENT ASSETS:

    

Cash and cash equivalents

   $ 27,839      $ 42,695   

Accounts receivable, net

     12,547        23,046   

Inventories, net

     244,151        277,030   

Prepaid expenses and other current assets

     4,415        3,876   
  

 

 

   

 

 

 

Total current assets

  288,952      346,647   

Property and equipment, net

  101,878      108,100   

Other long-term assets, net

  11,851      5,257   
  

 

 

   

 

 

 

Total assets

$ 402,681    $ 460,004   
  

 

 

   

 

 

 
LIABILITIES AND STOCKHOLDERS’ EQUITY

CURRENT LIABILITIES:

Accounts payable

$ 7,823    $ 11,928   

Customer deposits

  10,979      17,157   

Accrued expenses

  19,600      20,741   

Short-term borrowings

  124,424      165,287   
  

 

 

   

 

 

 

Total current liabilities

  162,826      215,113   

Long-term liabilities

  560      345   
  

 

 

   

 

 

 

Total liabilities

  163,386      215,458   

STOCKHOLDERS’ EQUITY:

Preferred stock, $.001 par value, 1,000,000 shares authorized, none issued or outstanding as of September 30, 2014 and March 31, 2015

  —        —     

Common stock, $.001 par value, 40,000,000 shares authorized, 25,002,807 and 25,467,750 shares issued and 24,211,907 and 24,676,850 shares outstanding as of September 30, 2014 and March 31, 2015, respectively

  25      25   

Additional paid-in capital

  227,939      232,586   

Retained earnings

  27,141      27,745   

Treasury stock, at cost, 790,900 shares held as of September 30, 2014 and March 31, 2015

  (15,810   (15,810
  

 

 

   

 

 

 

Total stockholders’ equity

  239,295      244,546   
  

 

 

   

 

 

 

Total liabilities and stockholders’ equity

$ 402,681    $ 460,004   
  

 

 

   

 

 

 

See accompanying notes to condensed consolidated financial statements.

 

2


Table of Contents

MARINEMAX, INC. AND SUBSIDIARIES

Condensed Consolidated Statement of Stockholders’ Equity

(Amounts in thousands, except share data)

(Unaudited)

 

     Common Stock     

Additional

Paid-in

     Retained
Earnings
     Treasury
Stock
    Total
Stockholders’
Equity
 
     Shares      Amount      Capital          

BALANCE, September 30, 2014

     25,002,807       $ 25       $ 227,939       $ 27,141       $ (15,810   $ 239,295   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net income

  —        —        —        604      —        604   

Shares issued pursuant to employee stock purchase plan

  22,973      —        297      —        —        297   

Shares issued upon vesting of equity awards, net of tax withholding

  3,340      —        —        —        —        —     

Shares issued upon exercise of stock options

  409,755      —        2,723      —        —        2,723   

Stock-based compensation

  28,875      —        1,627      —        —        1,627   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

BALANCE, March 31, 2015

  25,467,750    $ 25    $ 232,586    $ 27,745    $ (15,810 $ 244,546   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

See accompanying notes to condensed consolidated financial statements.

 

3


Table of Contents

MARINEMAX, INC. AND SUBSIDIARIES

Condensed Consolidated Statements of Cash Flows

(Amounts in thousands)

(Unaudited)

 

     Six Months Ended
March 31,
 
     2014     2015  

CASH FLOWS FROM OPERATING ACTIVITIES:

    

Net (loss) income

   $ (5,348   $ 604   

Adjustments to reconcile net (loss) income to net cash used in operating activities:

    

Depreciation and amortization

     3,523        3,853   

Loss on sale of property and equipment

     181        78   

Gain on insurance settlements

     (373     —     

Stock-based compensation expense

     1,664        1,627   

(Increase) decrease in —

    

Accounts receivable, net

     (5,500     (10,499

Inventories, net

     (32,355     (32,879

Prepaid expenses and other assets

     553        1,113   

Increase (decrease) in —

    

Accounts payable

     2,560        4,105   

Customer deposits

     5,693        6,178   

Accrued expenses and long-term liabilities

     (1,115     926   
  

 

 

   

 

 

 

Net cash used in operating activities

  (30,517   (24,894
  

 

 

   

 

 

 

CASH FLOWS FROM INVESTING ACTIVITIES:

Purchases of property and equipment

  (3,921   (4,170

Proceeds from insurance settlements

  714      —     

Proceeds from sale of property and equipment

  81      37   
  

 

 

   

 

 

 

Net cash used in investing activities

  (3,126   (4,133
  

 

 

   

 

 

 

CASH FLOWS FROM FINANCING ACTIVITIES:

Net borrowings on short-term borrowings

  37,634      40,863   

Net proceeds from issuance of common stock under incentive compensation and employee purchase plans

  3,051      3,020   
  

 

 

   

 

 

 

Net cash provided by financing activities

  40,685      43,883   
  

 

 

   

 

 

 

NET INCREASE IN CASH AND CASH EQUIVALENTS

  7,042      14,856   

CASH AND CASH EQUIVALENTS, beginning of period

  23,756      27,839   
  

 

 

   

 

 

 

CASH AND CASH EQUIVALENTS, end of period

$ 30,798    $ 42,695   
  

 

 

   

 

 

 

Supplemental Disclosures of Cash Flow Information:

Cash paid for interest

$ 1,929    $ 2,297   

Cash paid for income taxes

$ —      $ 36   

Non-cash exchange of note receivable for property and equipment

$ —      $ 6,020   

See accompanying notes to condensed consolidated financial statements.

 

4


Table of Contents

MARINEMAX, INC. AND SUBSIDIARIES

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(UNAUDITED)

 

1. COMPANY BACKGROUND:

We are the largest recreational boat retailer in the United States. We engage primarily in the retail sale, brokerage, and service of new and used boats, motors, trailers, marine parts and accessories and offer slip and storage accommodations in certain locations. In addition, we arrange related boat financing, insurance, and extended service contracts. We recently implemented programs to increase sales of boats, boating parts, and accessories, as well as the offer of finance and insurance, or F&I, products at various offsite locations; and the charter of power and sailing yachts in the British Virgin Islands. None of these recently implemented programs have had a material effect on our condensed consolidated financial statements. As of March 31, 2015, we operated through 53 retail locations in 16 states, consisting of Alabama, California, Connecticut, Florida, Georgia, Maryland, Minnesota, Missouri, New Jersey, New York, North Carolina, Ohio, Oklahoma, Rhode Island, Tennessee, and Texas. Our MarineMax Vacations operations maintain a facility in Tortola, British Virgin Islands.

We are the nation’s largest retailer of Sea Ray, Boston Whaler, and Meridian recreational boats and yachts, all of which are manufactured by Brunswick Corporation (“Brunswick”). Sales of new Brunswick boats accounted for approximately 40% of our revenue in fiscal 2014. Sales of new Sea Ray and Boston Whaler boats, both divisions of Brunswick, accounted for approximately 26% and 10%, respectively, of our revenue in fiscal 2014. Brunswick is the world’s largest manufacturer of marine products and marine engines. We believe we represented approximately 43% of Brunswick’s Sea Ray boat sales, during our fiscal 2014.

We have dealership agreements with Sea Ray, Boston Whaler, Meridian, and Mercury Marine, all subsidiaries or divisions of Brunswick. We also have dealer agreements with Italy-based Azimut-Benetti Group’s product line for Azimut Yachts. These agreements allow us to purchase, stock, sell, and service these manufacturers’ boats and products. These agreements also allow us to use these manufacturers’ names, trade symbols, and intellectual properties in our operations.

We have multi-year dealer agreements with Brunswick covering Sea Ray products that appoints us as the exclusive dealer of Sea Ray boats in our geographic markets. We are the exclusive dealer for Boston Whaler through multi-year dealer agreements for many of our geographic markets. In addition, we are the exclusive dealer for Azimut Yachts for the entire United States through a multi-year dealer agreement. Sales of new Azimut boats accounted for approximately 14% of our revenue in fiscal 2014. We believe non-Brunswick brands offer a migration for our existing customer base or fill a void in our product offerings, and accordingly, do not compete with the business generated from our other prominent brands.

As is typical in the industry, we deal with manufacturers, other than Sea Ray, Boston Whaler, Meridian, and Azimut Yachts, under renewable annual dealer agreements, each of which gives us the right to sell various makes and models of boats within a given geographic region. Any change or termination of these agreements, or the agreements discussed above, for any reason, or changes in competitive, regulatory, or marketing practices, including rebate or incentive programs, could adversely affect our results of operations. Although there are a limited number of manufacturers of the type of boats and products that we sell, we believe that adequate alternative sources would be available to replace any manufacturer other than Sea Ray and Azimut as a product source. These alternative sources may not be available at the time of any interruption, and alternative products may not be available at comparable terms, which could affect operating results adversely.

General economic conditions and consumer spending patterns can negatively impact our operating results. Unfavorable local, regional, national, or global economic developments or uncertainties regarding future economic prospects could reduce consumer spending in the markets we serve and adversely affect our business. Economic conditions in areas in which we operate dealerships, particularly Florida in which we generated approximately 49%, 51%, and 52% of our revenue during fiscal 2012, 2013, and 2014, respectively, can have a major impact on our operations. Local influences, such as corporate downsizing, military base closings, inclement weather such as Hurricane Sandy, environmental conditions, and specific events, such as the BP oil spill in the Gulf of Mexico, also could adversely affect, and in certain instances have adversely affected, our operations in certain markets.

 

5


Table of Contents

In an economic downturn, consumer discretionary spending levels generally decline, at times resulting in disproportionately large reductions in the sale of luxury goods. Consumer spending on luxury goods also may decline as a result of lower consumer confidence levels, even if prevailing economic conditions are favorable. As a result, an economic downturn could impact us more than certain of our competitors due to our strategic focus on a higher end of our market. Although we have expanded our operations during periods of stagnant or modestly declining industry trends, the cyclical nature of the recreational boating industry or the lack of industry growth may adversely affect our business, financial condition, and results of operations. Any period of adverse economic conditions or low consumer confidence has a negative effect on our business.

Lower consumer spending resulting from a downturn in the housing market and other economic factors adversely affected our business in fiscal 2007, and continued weakness in consumer spending and depressed economic conditions had a substantial negative effect on our business in each subsequent fiscal year. These conditions have caused us to substantially reduce our acquisition program, delay new store openings, reduce our inventory purchases, engage in inventory reduction efforts, close a number of our retail locations, reduce our headcount, and amend and replace our credit facility. Acquisitions and new store openings remain important strategies to our company, and we plan to accelerate our growth through these strategies when more normal economic conditions return. However, we cannot predict the length or severity of these unfavorable economic or financial conditions or the extent to which they will continue to adversely affect our operating results nor can we predict the effectiveness of the measures we have taken to address this environment or whether additional measures will be necessary.

 

2. BASIS OF PRESENTATION:

These unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States for interim financial information, the instructions to Quarterly Report on Form 10-Q, and Rule 10-01 of Regulation S-X and should be read in conjunction with our Annual Report on Form 10-K for the fiscal year ended September 30, 2014. Accordingly, these unaudited condensed consolidated financial statements do not include all of the information and footnotes required by accounting principles generally accepted in the United States for complete financial statements. All adjustments, consisting of only normal recurring adjustments considered necessary for fair presentation, have been reflected in these unaudited condensed consolidated financial statements. As of March 31, 2015, our financial instruments consisted of cash and cash equivalents, accounts receivable, accounts payable, customer deposits, and short-term borrowings. The carrying amounts of our financial instruments reported on the balance sheet as of March 31, 2015 approximated fair value due either to length to maturity or existence of variable interest rates, which approximate prevailing market rates. The operating results for the three and six months ended March 31, 2015 are not necessarily indicative of the results that may be expected in future periods.

The preparation of unaudited condensed consolidated financial statements in conformity with accounting principles generally accepted in the United States requires us to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the unaudited condensed consolidated financial statements and the reported amounts of revenue and expenses during the reporting periods. Significant estimates made by us in the accompanying unaudited condensed consolidated financial statements include valuation allowances, valuation of goodwill and intangible assets, valuation of long-lived assets, and valuation of accruals. Actual results could differ from those estimates.

Unless the context otherwise requires, all references to “MarineMax” mean MarineMax, Inc. prior to its acquisition of five previously independent recreational boat dealers in March 1998 (including their related real estate companies) and all references to the “Company,” “our company,” “we,” “us,” and “our” mean, as a combined company, MarineMax, Inc. and the 24 recreational boat dealers, two boat brokerage operations, and two full-service yacht repair operations acquired to date (the “acquired dealers,” and together with the brokerage and repair operations, “operating subsidiaries” or the “acquired companies”).

The unaudited condensed consolidated financial statements include our accounts and the accounts of our subsidiaries, all of which are wholly owned. All significant intercompany transactions and accounts have been eliminated.

 

6


Table of Contents
3. NEW ACCOUNTING PRONOUNCEMENTS:

In May 2014, the FASB issued Accounting Standards Update No. 2014-09, “Revenue from Contracts with Customers (Topic 606)” (ASU 2014-9), a converged standard on revenue recognition. The new pronouncement requires revenue recognition to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The guidance also specifies the accounting for some costs to obtain or fulfill a contract with a customer, as well as enhanced disclosure requirements. ASU 2014-9 is effective for annual reporting periods beginning after December 15, 2016, including interim reporting periods within that reporting period. Early adoption is not permitted. We currently do not believe the adoption of this standard will have a material impact on our consolidated financial statements.

 

4. REVENUE RECOGNITION:

We recognize revenue from boat, motor, and trailer sales, and parts and service operations at the time the boat, motor, trailer, or part is delivered to or accepted by the customer or the service is completed. We recognize deferred revenue from service operations and slip and storage services on a straight-line basis over the term of the contract or when service is completed. We recognize commissions earned from a brokerage sale at the time the related brokerage transaction closes. We recognize commissions earned by us for placing notes with financial institutions in connection with customer boat financing when we recognize the related boat sales. We recognize marketing fees earned on credit, life, accident, disability, gap, and hull insurance products sold by third-party insurance companies at the later of customer acceptance of the insurance product as evidenced by contract execution or when the related boat sale is recognized. Pursuant to negotiated agreements with financial and insurance institutions, we are charged back for a portion of these fees should the customer terminate or default on the related finance or insurance contract before it is outstanding for a stipulated minimum period of time. We base the chargeback allowance, which was not material to the unaudited condensed consolidated financial statements taken as a whole as of March 31, 2015, on our experience with repayments or defaults on the related finance or insurance contracts.

We also recognize commissions earned on extended warranty service contracts sold on behalf of third-party insurance companies at the later of customer acceptance of the service contract terms as evidenced by contract execution or recognition of the related boat sale. We are charged back for a portion of these commissions should the customer terminate or default on the service contract prior to its scheduled maturity. We determine the chargeback allowance, which was not material to the unaudited condensed consolidated financial statements taken as a whole as of March 31, 2015, based upon our experience with terminations or defaults on the service contracts.

 

5. INVENTORIES:

Inventory costs consist of the amount paid to acquire inventory, net of vendor consideration and purchase discounts, the cost of equipment added, reconditioning costs, and transportation costs relating to acquiring inventory for sale. We state new and used boat, motor, and trailer inventories at the lower of cost, determined on a specific-identification basis, or market. We state parts and accessories at the lower of cost, determined on an average cost basis, or market. We utilize our historical experience, the aging of the inventories, and our consideration of current market trends as the basis for determining a lower of cost or market valuation allowance. As of September 30, 2014 and March 31, 2015, our lower of cost or market valuation allowance for new and used boat, motor, and trailer inventories was $2.2 million and $2.5 million, respectively. If events occur and market conditions change, causing the fair value to fall below carrying value, the lower of cost or market valuation allowance could increase.

 

6. IMPAIRMENT OF LONG-LIVED ASSETS:

FASB Accounting Standards Codification 360-10-40, “Property, Plant, and Equipment - Impairment or Disposal of Long-Lived Assets” (“ASC 360-10-40”), requires that long-lived assets, such as property and equipment and purchased intangibles subject to amortization, be reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Recoverability of the asset is measured by comparison of its carrying amount to undiscounted future net cash flows the asset is expected to generate. If such assets are considered to be impaired, the impairment to be recognized is measured as the amount by which the carrying amount of the asset exceeds its fair market value. Estimates of expected future cash flows represent our best estimate based on currently available information and reasonable and supportable assumptions. Any impairment recognized in accordance with ASC 360-10-40 is permanent and may not be restored. Based upon our most recent analysis, we believe no impairment of long-lived assets existed as of March 31, 2015.

 

7


Table of Contents
7. INCOME TAXES:

We account for income taxes in accordance with FASB Accounting Standards Codification 740, “Income Taxes” (“ASC 740”). Under ASC 740, we recognize deferred tax assets and liabilities for the future tax consequences attributable to temporary differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. We measure deferred tax assets and liabilities using enacted tax rates expected to apply to taxable income in the years in which we expect those temporary differences to be recovered or settled. We record valuation allowances to reduce our deferred tax assets to the amount expected to be realized by considering all available positive and negative evidence.

Pursuant to ASC 740, we must consider all positive and negative evidence regarding the realization of deferred tax assets. ASC 740 provides for four possible sources of taxable income to realize deferred tax assets: 1) taxable income in prior carryback years; 2) reversals of existing deferred tax liabilities; 3) tax planning strategies and 4) projected future taxable income. As of March 31, 2015, we have no available taxable income in prior carryback years, reversals of existing deferred tax liabilities or prudent and feasible tax planning strategies. Therefore, the recoverability of our deferred tax assets is dependent upon generating future taxable income. Although as of March 31, 2015, we were no longer in a three year cumulative loss position for financial reporting purposes in our significant jurisdictions, we believe there is sufficient negative evidence concerning our projected future taxable income and, therefore, the realization of our deferred tax assets. Our future taxable income is inherently difficult to project and subject to uncertainty due to many factors including the impact of general economic conditions and the cyclical nature of our operations. Additionally, historically it has been difficult to project our industry’s trends and therefore our results. Based on our analysis of the available evidence we determined that our deferred tax assets needed a full valuation allowance as of March 31, 2015. We will continue to evaluate the need for a valuation allowance. If the full valuation allowance is reversed, we will start recording a tax provision.

 

8. SHORT-TERM BORROWINGS:

In August 2014, we entered into an amendment to our Inventory Financing Agreement (the “Amended Credit Facility”), originally entered into in June 2010, as subsequently amended, with GE Commercial Distribution Finance Corporation. The August 2014 amendment extended the maturity date of the Credit Facility to August 2017, subject to additional extension for two one-year periods, with lender approval. The August 2014 amendment, among other things, modified the amount of borrowing availability and maturity date of the Credit Facility. The Amended Credit Facility provides a floor plan financing commitment of up to $235 million, an increase from the previous limit of $205 million, subject to borrowing base availability resulting from the amount and aging of our inventory.

The Amended Credit Facility has certain financial covenants as specified in the agreement. The covenants include provisions that our leverage ratio must not exceed 2.75 to 1.0 and that our current ratio must be greater than 1.2 to 1.0. The interest rate for amounts outstanding under the Amended Credit Facility is 345 basis points above the one-month London Inter-Bank Offering Rate (“LIBOR”). There is an unused line fee of ten basis points on the unused portion of the Amended Credit Facility.

Advances under the Amended Credit Facility are initiated by the acquisition of eligible new and used inventory or are re-advances against eligible new and used inventory that have been partially paid-off. Advances on new inventory will generally mature 1,080 days from the original invoice date. Advances on used inventory will mature 361 days from the date we acquire the used inventory. Each advance is subject to a curtailment schedule, which requires that we pay down the balance of each advance on a periodic basis starting after six months. The curtailment schedule varies based on the type and value of the inventory. The collateral for the Amended Credit Facility is all of our personal property with certain limited exceptions. None of our real estate has been pledged for collateral for the Amended Credit Facility.

As of March 31, 2015, our indebtedness associated with financing our inventory and working capital needs totaled approximately $165.3 million. As of March 31, 2014 and 2015, the interest rate on the outstanding short-term borrowings was approximately 3.6%. As of March 31, 2015, our additional available borrowings under our Amended Credit Facility were approximately $22.0 million based upon the outstanding borrowing base availability.

 

8


Table of Contents

As is common in our industry, we receive interest assistance directly from boat manufacturers, including Brunswick. The interest assistance programs vary by manufacturer, but generally include periods of free financing or reduced interest rate programs. The interest assistance may be paid directly to us or our lender depending on the arrangements the manufacturer has established. We classify interest assistance received from manufacturers as a reduction of inventory cost and related cost of sales as opposed to netting the assistance against our interest expense incurred with our lenders.

The availability and costs of borrowed funds can adversely affect our ability to obtain adequate boat inventory and the holding costs of that inventory as well as the ability and willingness of our customers to finance boat purchases. As of March 31, 2015, we had no long-term debt. However, we rely on our Amended Credit Facility to purchase our inventory of boats. The aging of our inventory limits our borrowing capacity as defined curtailments reduce the allowable advance rate as our inventory ages. Our access to funds under our Amended Credit Facility also depends upon the ability of our lenders to meet their funding commitments, particularly if they experience shortages of capital or experience excessive volumes of borrowing requests from others during a short period of time. Unfavorable economic conditions, weak consumer spending, turmoil in the credit markets, and lender difficulties, among other potential reasons, could interfere with our ability to utilize our Amended Credit Facility to fund our operations. Any inability to utilize our Amended Credit Facility could require us to seek other sources of funding to repay amounts outstanding under the credit agreements or replace or supplement our credit agreements, which may not be possible at all or under commercially reasonable terms.

Similarly, decreases in the availability of credit and increases in the cost of credit adversely affect the ability of our customers to purchase boats from us and thereby adversely affect our ability to sell our products and impact the profitability of our finance and insurance activities.

 

9. STOCK-BASED COMPENSATION:

We account for our stock-based compensation plans following the provisions of FASB Accounting Standards Codification 718, “Compensation — Stock Compensation” (“ASC 718”). In accordance with ASC 718, we use the Black-Scholes valuation model for valuing all stock-based compensation and shares purchased under our Employee Stock Purchase Plan. We measure compensation for restricted stock awards and restricted stock units at fair value on the grant date based on the number of shares expected to vest and the quoted market price of our common stock. For restricted stock units with market conditions, we utilize a Monte Carlo simulation embedded in a lattice model to determine the fair value. We recognize compensation cost for all awards in operations, net of estimated forfeitures, on a straight-line basis over the requisite service period for each separately vesting portion of the award.

During the six months ended March 31, 2014 and 2015, we recognized stock-based compensation expense of approximately $1.7 million and $1.6 million, respectively, in selling, general, and administrative expenses in the unaudited condensed consolidated statements of operations. There were no tax benefits realized for tax deductions from option exercises for the six months ended March 31, 2014 and 2015.

Cash received from option exercises under all share-based compensation arrangements for the six months ended March 31, 2014 and 2015, was approximately $3.1 million and $3.0 million, respectively. We currently expect to satisfy share-based awards with registered shares available to be issued.

 

10. THE INCENTIVE STOCK PLANS:

During February 2013, our stockholders approved a proposal to amend the 2011 Stock-Based Compensation Plan (“2011 Plan”) to increase the 1,200,456 share threshold by 1,000,000 shares to 2,200,456 shares. During January 2011, our stockholders approved a proposal to authorize our 2011 Plan, which replaced our 2007 Incentive Compensation Plan (“2007 Plan”). Our 2011 Plan provides for the grant of stock options, stock appreciation rights, restricted stock, stock units, bonus stock, dividend equivalents, other stock related awards, and performance awards (collectively “awards”), that may be settled in cash, stock, or other property. Our 2011 Plan is designed to attract, motivate, retain, and reward our executives, employees, officers, directors, and independent contractors by providing such persons with annual and long-term performance incentives to expend their maximum efforts in the creation of stockholder value. Subsequent to the February 2013 amendment described above, the total number of shares of our common stock that may be subject to awards under the 2011 Plan is equal to 2,000,000 shares, plus: (i) any shares available for issuance and not subject to an award under the 2007 Plan, which was 200,456 shares at the time of

 

9


Table of Contents

approval of the 2011 Plan; (ii) the number of shares with respect to which awards granted under the 2011 Plan and the 2007 Plan terminate without the issuance of the shares or where the shares are forfeited or repurchased; (iii) with respect to awards granted under the 2011 Plan and the 2007 Plan, the number of shares that are not issued as a result of the award being settled for cash or otherwise not issued in connection with the exercise or payment of the award; and (iv) the number of shares that are surrendered or withheld in payment of the exercise price of any award or any tax withholding requirements in connection with any award granted under the 2011 Plan or the 2007 Plan. The 2011 Plan terminates in January 2021, and awards may be granted at any time during the life of the 2011 Plan. The date on which awards vest are determined by the Board of Directors or the Plan Administrator. The Board of Directors has appointed the Compensation Committee as the Plan Administrator. The exercise prices of options are determined by the Board of Directors or the Plan Administrator and are at least equal to the fair market value of shares of common stock on the date of grant. The term of options under the 2011 Plan may not exceed ten years. The options granted have varying vesting periods. To date, we have not settled or been under any obligation to settle any awards in cash.

The following table summarizes option activity from September 30, 2014 through March 31, 2015:

 

     Shares
Available
for Grant
    Options
Outstanding
    Aggregate
Intrinsic Value
(in thousands)
     Weighted
Average
Exercise
Price
     Weighted
Average
Remaining
Contractual
Life
 

Balance as of September 30, 2014

     1,350,709        2,226,319      $ 15,980       $ 11.70         6.6   

Options authorized

     —          —             —        

Options granted

     (290,000     290,000         $ 15.91      

Options cancelled/forfeited/expired

     67,780        (67,780      $ 25.46      

Restricted stock awards issued

     (111,000     —             —        

Options exercised

     —          (409,755      $ 6.64      
  

 

 

   

 

 

         

Balance as of March 31, 2015

  1,017,489      2,038,784    $ 29,381    $ 12.85      6.8   
  

 

 

   

 

 

   

 

 

       

Exercisable as of March 31, 2015

  1,165,418    $ 18,837    $ 11.30      5.4   
    

 

 

   

 

 

       

The weighted average grant date fair value of options granted during the six months ended March 31, 2014 and 2015 was $6.23 and $5.79, respectively. The total intrinsic value of options exercised during the six months ended March 31, 2014 and 2015 was $3.1 million and $7.2 million, respectively.

As of March 31, 2014 and 2015, there was approximately $2.8 million and $2.9 million, respectively, of unrecognized compensation costs related to non-vested options that are expected to be recognized over a weighted average period of 2.4 years and 2.0 years, respectively. The total fair value of options vested during the six months ended March 31, 2014 and 2015 was approximately $1.3 million and $444,000, respectively.

We used the Black-Scholes model to estimate the fair value of options granted. The expected term of options granted is derived from the output of the option pricing model and represents the period of time that options granted are expected to be outstanding. Volatility is based on the historical volatility of our common stock. The risk-free rate for periods within the contractual term of the options is based on the U.S. Treasury yield curve in effect at the time of grant.

The following are the weighted average assumptions used for each respective period:

 

     Three Months Ended
March 31,
     Six Months Ended
March 31,
 
     2014     2015      2014     2015  

Dividend yield

     0.0     —           0.0     0.0

Risk-free interest rate

     0.7     —           0.7     0.8

Volatility

     55.7     —           55.7     47.4

Expected life

     3.2 years        —           3.2 years        3.0 years   

 

10


Table of Contents
11. EMPLOYEE STOCK PURCHASE PLAN:

During February 2012, our stockholders approved a proposal to amend our 2008 Employee Stock Purchase Plan (“Stock Purchase Plan”) to increase the number of shares available under that plan by 500,000 shares. The Stock Purchase Plan as amended provides for up to 1,000,000 shares of common stock to be available for purchase by our regular employees who have completed at least one year of continuous service. In addition, there were 52,837 shares of common stock available under our 1998 Employee Stock Purchase Plan, which have been made available for issuance under our Stock Purchase Plan. The Stock Purchase Plan provides for implementation of up to 10 annual offerings beginning on the first day of October starting in 2008, with each offering terminating on September 30 of the following year. Each annual offering may be divided into two six-month offerings. For each offering, the purchase price per share will be the lower of: (i) 85% of the closing price of the common stock on the first day of the offering or (ii) 85% of the closing price of the common stock on the last day of the offering. The purchase price is paid through periodic payroll deductions not to exceed 10% of the participant’s earnings during each offering period. However, no participant may purchase more than $25,000 worth of common stock annually.

We used the Black-Scholes model to estimate the fair value of options granted to purchase shares issued pursuant to the Stock Purchase Plan. The expected term of options granted is derived from the output of the option pricing model and represents the period of time that options granted are expected to be outstanding. Volatility is based on the historical volatility of our common stock. The risk-free rate for periods within the contractual term of the options is based on the U.S. Treasury yield curve in effect at the time of grant.

The following are the weighted average assumptions used for each respective period:

 

     Three Months Ended
March 31,
    Six Months Ended
March 31,
 
     2014     2015     2014     2015  

Dividend yield

     0.0     0.0     0.0     0.0

Risk-free interest rate

     0.1     0.1     0.1     0.1

Volatility

     41.3     30.0     41.3     30.0

Expected life

     six months       six months        six months        six months   

As of March 31, 2015, we had issued 647,115 shares of common stock under our Stock Purchase Plan.

 

12. RESTRICTED STOCK AWARDS:

We have granted non-vested (restricted) stock awards (“restricted stock”) and restricted stock units (“RSUs”) to certain key employees pursuant to the 2011 Plan and the 2007 Plan. The restricted stock awards have varying vesting periods, but generally become fully vested between two and four years after the grant date, depending on the specific award. We accounted for the restricted stock awards granted using the measurement and recognition provisions of ASC 718. Accordingly, the fair value of the restricted stock awards is measured on the grant date and recognized in earnings over the requisite service period for each separately vesting portion of the award.

The following table summarizes restricted stock award activity from September 30, 2014 through March 31, 2015:

 

     Shares      Weighted
Average Grant
Date Fair Value
 

Non-vested balance as of September 30, 2014

     3,340       $ 6.10   

Changes during the period

     

Awards granted

     111,000       $ 19.23   

Awards vested

     (3,340    $ 6.10   
  

 

 

    

Non-vested balance as of March 31, 2015

  111,000    $ 19.23   
  

 

 

    

 

11


Table of Contents

As of March 31, 2015, we had approximately $2.1 million of total unrecognized compensation cost related to non-vested restricted stock awards assuming applicable performance conditions are met. We expect to recognize that cost over a weighted average period of 2.6 years.

 

13. NET INCOME (LOSS) PER SHARE:

The following is a reconciliation of the shares used in the denominator for calculating basic and diluted net income (loss) per share:

 

     Three Months Ended
March 31,
     Six Months Ended
March 31,
 
     2014      2015      2014      2015  

Weighted average common shares outstanding used in calculating basic income (loss) per share

     23,845,302         24,544,272         23,779,913         24,409,969   

Effect of dilutive options and non-vested restricted stock awards

     —           721,585         —           695,293   
  

 

 

    

 

 

    

 

 

    

 

 

 

Weighted average common and common equivalent shares used in calculating diluted income (loss) per share

  23,845,302      25,265,857      23,779,913      25,105,262   
  

 

 

    

 

 

    

 

 

    

 

 

 

For the three months ended March 31, 2015, there were 1,361,973 weighted average shares of options outstanding, respectively, that were not included in the computation of diluted income per share because the options’ exercise prices were greater than the average market price of our common stock, and therefore, their effect would be anti-dilutive. For the six months ended March 31, 2015, there were 1,472,001 weighted average shares of options outstanding, respectively, that were not included in the computation of diluted income per share because the options’ exercise prices were greater than the average market price of our common stock, and therefore, their effect would be anti-dilutive. For the three months ended March 31, 2014 and the six months ended March 31, 2014 no options or non-vested restricted stock awards were included in the computation of diluted loss per share because we reported a net loss and the effect of their inclusion would be anti-dilutive.

 

14. COMMITMENTS AND CONTINGENCIES:

We are party to various legal actions arising in the ordinary course of business. We believe that these matters should not have a material adverse effect on our consolidated financial condition, results of operations, or cash flows.

 

12


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

This Management’s Discussion and Analysis of Financial Condition and Results of Operations contains “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. These forward-looking statements include statements relating to our plans to resume our growth through acquisitions and new store openings when more normal economic conditions return; our ability to capitalize on our core strengths to substantially outperform the industry and result in market share gains; our ability to align our retailing strategies with the desire of consumers; our belief that the steps we have taken to address weak market conditions will yield an increase in future revenue; and our expectations that our core strengths and retailing strategies will position us to capitalize on growth opportunities as they occur and will allow us to emerge from the current challenging economic environment with greater earnings potential. Actual results could differ materially from those currently anticipated as a result of a number of factors, including those set forth under “Risk Factors” in our Annual Report on Form 10-K for the fiscal year ended September 30, 2014.

General

We are the largest recreational boat retailer in the United States with fiscal 2014 revenue in excess of $620 million. Through our current 53 retail locations in 16 states, we sell new and used recreational boats and related marine products, including engines, trailers, parts, and accessories. We also arrange related boat financing, insurance, and extended service contracts; provide boat repair and maintenance services; offer yacht and boat brokerage sales; and, where available, offer slip and storage accommodations. We recently implemented programs to increase sales of boats, boating parts, and accessories, as well as the offer of finance and insurance, or F&I, products at various offsite locations; and the charter of power and sailing yachts in the British Virgin Islands. None of these recently implemented programs have had a material effect on our consolidated financial statements.

MarineMax was incorporated in January 1998. We commenced operations with the acquisition of five independent recreational boat dealers on March 1, 1998. Since the initial acquisitions in March 1998, we have acquired 24 recreational boat dealers, two boat brokerage operations, and two full-service yacht repair facilities. As a part of our acquisition strategy, we frequently engage in discussions with various recreational boat dealers regarding their potential acquisition by us. Potential acquisition discussions frequently take place over a long period of time and involve difficult business integration and other issues, including, in some cases, management succession and related matters. As a result of these and other factors, a number of potential acquisitions that from time to time appear likely to occur do not result in binding legal agreements and are not consummated. We completed a relatively small acquisition in each of the fiscal years ended September 30, 2012, 2013, and 2014.

General economic conditions and consumer spending patterns can negatively impact our operating results. Unfavorable local, regional, national, or global economic developments or uncertainties regarding future economic prospects could reduce consumer spending in the markets we serve and adversely affect our business. Economic conditions in areas in which we operate dealerships, particularly Florida in which we generated approximately 49%, 51%, and 52% of our revenue during fiscal 2012, 2013, and 2014, respectively, can have a major impact on our operations. Local influences, such as corporate downsizing, military base closings, and inclement weather such as Hurricane Sandy, environmental conditions, and specific events, such as the BP oil spill in the Gulf of Mexico, also could adversely affect, and in certain instances have adversely affected, our operations in certain markets.

In an economic downturn, consumer discretionary spending levels generally decline, at times resulting in disproportionately large reductions in the sale of luxury goods. Consumer spending on luxury goods also may decline as a result of lower consumer confidence levels, even if prevailing economic conditions are favorable. As a result, an economic downturn could impact us more than certain of our competitors due to our strategic focus on a higher end of our market. Although we have expanded our operations during periods of stagnant or modestly declining industry trends, the cyclical nature of the recreational boating industry or the lack of industry growth may adversely affect our business, financial condition, and results of operations. Any period of adverse economic conditions or low consumer confidence has a negative effect on our business.

Lower consumer spending resulting from a downturn in the housing market and other economic factors adversely affected our business in fiscal 2007, and continued weakness in consumer spending and depressed

 

13


Table of Contents

economic conditions had a substantial negative effect on our business in each subsequent fiscal year. These conditions have caused us to substantially reduce our acquisition program, delay new store openings, reduce our inventory purchases, engage in inventory reduction efforts, close a number of our retail locations, reduce our headcount, and amend and replace our credit facility. Acquisitions and new store openings remain important strategies to our company, and we plan to accelerate our growth through these strategies as more normal economic conditions return. However, we cannot predict the length or severity of these unfavorable economic or financial conditions or the extent to which they will continue to adversely affect our operating results nor can we predict the effectiveness of the measures we have taken to address this environment or whether additional measures will be necessary.

Although economic conditions have adversely affected our operating results, we have capitalized on our core strengths to substantially outperform the industry, resulting in market share gains. Our ability to capture such market share supports the alignment of our retailing strategies with the desires of consumers. We believe the steps we have taken to address weak market conditions will yield an increase in future revenue. As general economic trends improve, we expect our core strengths and retailing strategies will position us to capitalize on growth opportunities as they occur and will allow us to emerge from this challenging economic environment with greater earnings potential.

Application of Critical Accounting Policies

We have identified the policies below as critical to our business operations and the understanding of our results of operations. The impact and risks related to these policies on our business operations is discussed throughout Management’s Discussion and Analysis of Financial Condition and Results of Operations when such policies affect our reported and expected financial results.

In the ordinary course of business, we make a number of estimates and assumptions relating to the reporting of results of operations and financial condition in the preparation of our financial statements in conformity with accounting principles generally accepted in the United States. We base our estimates on historical experiences and on various other assumptions that we believe are reasonable under the circumstances. The results form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Actual results could differ significantly from those estimates under different assumptions and conditions. We believe that the following discussion addresses our most critical accounting policies, which are those that are most important to the portrayal of our financial condition and results of operations and require our most difficult, subjective, and complex judgments, often as a result of the need to make estimates about the effect of matters that are inherently uncertain.

Revenue Recognition

We recognize revenue from boat, motor, and trailer sales and parts and service operations at the time the boat, motor, trailer, or part is delivered to or accepted by the customer or the service is completed. We recognize deferred revenue from service operations and slip and storage services on a straight-line basis over the term of the contract or when service is completed. We recognize commissions earned from a brokerage sale at the time the related brokerage transaction closes. We recognize commissions earned by us for placing notes with financial institutions in connection with customer boat financing when we recognize the related boat sales. We recognize marketing fees earned on credit, life, accident, disability, gap, and hull insurance products sold by third-party insurance companies at the later of customer acceptance of the insurance product as evidenced by contract execution or when the related boat sale is recognized. We also recognize commissions earned on extended warranty service contracts sold on behalf of third-party insurance companies at the later of customer acceptance of the service contract terms as evidenced by contract execution or recognition of the related boat sale.

Certain finance and extended warranty commissions and marketing fees on insurance products may be charged back if a customer terminates or defaults on the underlying contract within a specified period of time. Based upon our experience of terminations and defaults, we maintain a chargeback allowance that was not material to our financial statements taken as a whole as of March 31, 2015. Should results differ materially from our historical experiences, we would need to modify our estimate of future chargebacks, which could have a material adverse effect on our operating margins. We do not believe there is a reasonable likelihood that there will be a change in the future estimates or assumptions we use to calculate our estimate of future chargebacks which would result in a material effect on our operating results.

 

14


Table of Contents

Vendor Consideration Received

We account for consideration received from our vendors in accordance with FASB Accounting Standards Codification 605-50, “Revenue Recognition - Customer Payments and Incentives” (“ASC 605-50”). ASC 605-50 requires us to classify interest assistance received from manufacturers as a reduction of inventory cost and related cost of sales as opposed to netting the assistance against our interest expense incurred with our lenders. Pursuant to ASC 605-50, amounts received by us under our co-op assistance programs from our manufacturers are netted against related advertising expenses. Our consideration received from our vendors contains uncertainties because the calculation requires management to make assumptions and to apply judgment regarding a number of factors, including our ability to collect amounts due from vendors and the ability to meet certain criteria stipulated by our vendors. We do not believe there is a reasonable likelihood that there will be a change in the future estimates or assumptions we use to calculate our vendor considerations which would result in a material effect on our operating results.

Inventories

Inventory costs consist of the amount paid to acquire inventory, net of vendor consideration and purchase discounts, the cost of equipment added, reconditioning costs, and transportation costs relating to acquiring inventory for sale. We state new and used boat, motor, and trailer inventories at the lower of cost, determined on a specific-identification basis, or market. We state parts and accessories at the lower of cost, determined on an average cost basis, or market. We utilize our historical experience, the aging of the inventories, and our consideration of current market trends as the basis for determining a lower of cost or market valuation allowance. Our lower of cost or market valuation allowance contains uncertainties because the calculation requires management to make assumptions and to apply judgment regarding the amount at which the inventory will ultimately be sold which considers forecasted market trends, model changes, and new product introductions. We do not believe there is a reasonable likelihood that there will be a change in the future estimates or assumptions we use to calculate our lower of cost or market valuation allowance which would result in a material effect on our operating results. As of September 30, 2014 and March 31, 2015, our lower of cost or market valuation allowance for new and used boat, motor, and trailer inventories was $2.2 million and $2.5 million, respectively. If events occur and market conditions change, causing the fair value to fall below carrying value, the lower of cost or market valuation allowance could increase.

Goodwill

We account for goodwill in accordance with FASB Accounting Standards Codification 350, “Intangibles - Goodwill and Other” (“ASC 350”), which provides that the excess of cost over net assets of businesses acquired is recorded as goodwill. The acquisitions of Bassett Marine, LLC and Parker Boat Company resulted in goodwill of $802,000. In accordance with ASC 350, we review goodwill for impairment at least annually and whenever events or changes in circumstances indicate that the carrying value may not be recoverable. Our annual impairment test is performed during the fourth fiscal quarter. If the carrying amount of goodwill exceeds its fair value we would recognize an impairment loss in accordance with ASC 350. As of March 31, 2015, and based upon our most recent analysis, we determined through our qualitative assessment that it is not “more likely than not” that the fair values of our reporting units are less than their carrying values. As a result, we were not required to perform the two-step goodwill impairment test. The qualitative assessment requires us to make judgments and assumptions regarding macroeconomic and industry conditions, our financial performance, and other factors. We do not believe there is a reasonable likelihood that there will be a change in the judgments and assumptions used in our qualitative assessment which would result in a material effect on our operating results.

Impairment of Long-Lived Assets

FASB Accounting Standards Codification 360-10-40, “Property, Plant, and Equipment - Impairment or Disposal of Long-Lived Assets” (“ASC 360-10-40”), requires that long-lived assets, such as property and equipment and purchased intangibles subject to amortization, be reviewed for impairment whenever events or changes in

 

15


Table of Contents

circumstances indicate that the carrying amount of an asset may not be recoverable. Recoverability of the asset is measured by comparison of its carrying amount to undiscounted future net cash flows the asset is expected to generate. If such assets are considered to be impaired, the impairment to be recognized is measured as the amount by which the carrying amount of the asset exceeds its fair market value. Estimates of expected future cash flows represent our best estimate based on currently available information and reasonable and supportable assumptions. Our impairment loss calculations contain uncertainties because they require us to make assumptions and to apply judgment in order to estimate expected future cash flows. Any impairment recognized in accordance with ASC 360-10-40 is permanent and may not be restored. Based upon our most recent analysis, we believe no impairment of long-lived assets existed as of March 31, 2015. We do not believe there is a reasonable likelihood that there will be a change in the future estimates or assumptions used to test for recoverability which would result in a material effect on our operating results.

Stock-Based Compensation

We account for our stock-based compensation plans following the provisions of FASB Accounting Standards Codification 718, “Compensation — Stock Compensation” (“ASC 718”). In accordance with ASC 718, we use the Black-Scholes valuation model for valuing all stock-based compensation and shares purchased under our Employee Stock Purchase Plan. We measure compensation for restricted stock awards and restricted stock units at fair value on the grant date based on the number of shares expected to vest and the quoted market price of our common stock. For restricted stock units with market conditions, we utilize a Monte Carlo simulation embedded in a lattice model to determine the fair value. We recognize compensation cost for all awards in operations, net of estimated forfeitures, on a straight-line basis over the requisite service period for each separately vesting portion of the award. Our valuation models and generally accepted valuation techniques require us to make assumptions and to apply judgment to determine the fair value of our awards. These assumptions and judgments includes estimating the volatility of our stock price, expected dividend yield, employee turnover rates and employee stock option exercise behaviors. We do not believe there is a reasonable likelihood that there will be a change in the future estimates or assumptions we use to calculate our stock-based compensation which would result in a material effect on our operating results.

Income Taxes

We account for income taxes in accordance with FASB Accounting Standards Codification 740, “Income Taxes” (“ASC 740”). Under ASC 740, we recognize deferred tax assets and liabilities for the future tax consequences attributable to temporary differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. We measure deferred tax assets and liabilities using enacted tax rates expected to apply to taxable income in the years in which we expect those temporary differences to be recovered or settled. We record valuation allowances to reduce our deferred tax assets to the amount expected to be realized by considering all available positive and negative evidence.

Pursuant to ASC 740, we must consider all positive and negative evidence regarding the realization of deferred tax assets. ASC 740 provides for four possible sources of taxable income to realize deferred tax assets: 1) taxable income in prior carryback years; 2) reversals of existing deferred tax liabilities; 3) tax planning strategies and 4) projected future taxable income. As of March 31, 2015, we have no available taxable income in prior carryback years, reversals of existing deferred tax liabilities or prudent and feasible tax planning strategies. Therefore, the recoverability of our deferred tax assets is dependent upon generating future taxable income. Although as of March 31, 2015, we were no longer in a three year cumulative loss position for financial reporting purposes in our significant jurisdictions, we believe there is sufficient negative evidence concerning our projected future taxable income and, therefore, the realization of our deferred tax assets. Our future taxable income is inherently difficult to project and subject to uncertainty due to many factors including the impact of general economic conditions and the cyclical nature of our operations. Additionally, historically it has been difficult to project our industry’s trends and therefore our results. Based on our analysis of the available evidence we determined that our deferred tax assets needed a full valuation allowance as of March 31, 2015. We will continue to evaluate the need for a valuation allowance. If the full valuation allowance is reversed, we will start recording a tax provision.

 

16


Table of Contents

Recent Accounting Pronouncements

In May 2014, the FASB issued Accounting Standards Update No. 2014-09, “Revenue from Contracts with Customers (Topic 606)” (ASU 2014-9), a converged standard on revenue recognition. The new pronouncement requires revenue recognition to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The guidance also specifies the accounting for some costs to obtain or fulfill a contract with a customer, as well as enhanced disclosure requirements. ASU 2014-9 is effective for annual reporting periods beginning after December 15, 2016, including interim reporting periods within that reporting period. Early adoption is not permitted. We currently do not believe the adoption of this standard will have a material impact on our consolidated financial statements.

Consolidated Results of Operations

The following discussion compares the three and six months ended March 31, 2015 with the three and six months ended March 31, 2014 and should be read in conjunction with the unaudited condensed consolidated financial statements, including the related notes thereto, appearing elsewhere in this report.

Three Months Ended March 31, 2015 Compared with Three Months Ended March 31, 2014

Revenue. Revenue increased $35.5 million, or 26.0%, to $172.1 million for the three months ended March 31, 2015 from $136.6 million for the three months ended March 31, 2014. Of this increase, $36.8 million was attributable to a 27.2% increase in comparable-store sales, which was partially offset by an approximate $1.3 million net decrease related to stores closed that were not eligible for inclusion in the comparable-store base. The increase in our comparable-store sales was due to incremental increases in new and used boat sales. Despite generally unfavorable weather in our northern markets, improving industry conditions resulting from favorable economic conditions contributed to our comparable-store sales growth.

Gross Profit. Gross profit increased $7.4 million, or 21.3%, to $42.2 million for the three months ended March 31, 2015 from $34.8 million for the three months ended March 31, 2014. Gross profit as a percentage of revenue decreased to 24.5% for the three months ended March 31, 2015 from 25.5% for the three months ended March 31, 2014. The decrease in gross profit as a percentage of revenue was primarily the result of the significant mix shift in our revenue to boat sales. The increase in boat sales relative to our overall revenue caused our higher margin brokerage, finance and insurance products, service, parts and accessories products, and storage services to decrease as a percentage of revenue, contributing to our overall margins decreasing accordingly. Additionally, we saw a rise in used boat sales which traditionally carry an incrementally lower margin which unfavorably impacted consolidated margins. The increase in gross profit dollars was primarily attributable to the increase in comparable-store sales.

Selling, General, and Administrative Expenses. Selling, general, and administrative expenses increased $4.9 million, or 13.7%, to $40.6 million for the three months ended March 31, 2015 from $35.7 million for the three months ended March 31, 2014. Selling, general, and administrative expenses as a percentage of revenue decreased to 23.6% for the three months ended March 31, 2015 from 26.1% for the three months ended March 31, 2014. The overall increase in selling, general, and administrative expenses was primarily attributable to increased personnel expenses partially resulting from increased health care costs as well as increased commissions resulting from increased boat sales. Additionally, to combat generally less favorable weather in certain markets, we expanded our marketing investment in an effort to drive greater sales.

Interest Expense. Interest expense increased $175,000, or 16.2%, to $1.3 million for the three months ended March 31, 2015 from $1.1 million for the three months ended March 31, 2014. Interest expense as a percentage of revenue decreased to 0.7% for the three months ended March 31, 2015 from 0.8% for the three months ended March 31, 2014. The increase in interest expense was primarily the result of increased borrowings.

Income Taxes. We had no income tax expense or benefit for the three months ended March 31, 2015 and 2014. Our effective income tax rate was zero for both the three months ended March 31, 2015 and 2014. For the three months ended March 31, 2015 and 2014 we generated a loss for tax purposes; however, we could not record the benefit for the net operating loss carryforward due to the required valuation allowance. We will continue to evaluate the need for a valuation allowance. If the full valuation allowance is reversed, we will start recording a tax provision.

 

17


Table of Contents

Six Months Ended March 31, 2015 Compared with Six Months Ended March 31, 2014

Revenue. Revenue increased $84.1 million, or 34.1%, to $330.3 million for the six months ended March 31, 2015 from $246.2 million for the six months ended March 31, 2014. Of this increase, $85.5 million was attributable to a 35.0% increase in comparable-store sales, which was partially offset by an approximate $1.4 million net decrease related to stores closed that were not eligible for inclusion in the comparable-store base. The increase in our comparable-store sales was due to incremental increases in new and used boat sales. Improving industry conditions resulting from favorable economic conditions contributed to our comparable-store sales growth.

Gross Profit. Gross profit increased $15.0 million, or 23.1%, to $79.7 million for the six months ended March 31, 2015 from $64.7 million for the six months ended March 31, 2014. Gross profit as a percentage of revenue decreased to 24.1% for the six months ended March 31, 2015 from 26.3% for the six months ended March 31, 2014. The decrease in gross profit as a percentage of revenue was primarily the result of the significant mix shift in our revenue to boat sales, including larger traditionally lower gross margin boats. The increase in boat sales relative to our overall revenue caused our higher margin brokerage, finance and insurance products, service, parts and accessories products, and storage services to decrease as a percentage of revenue, contributing to our overall margins decreasing accordingly. The increase in gross profit dollars was primarily attributable to the increase in comparable-store sales.

Selling, General, and Administrative Expenses. Selling, general, and administrative expenses increased $8.7 million, or 12.8%, to $76.7 million for the six months ended March 31, 2015 from $68.0 million for the six months ended March 31, 2014. Selling, general, and administrative expenses as a percentage of revenue decreased to 23.2% for the six months ended March 31, 2015 from 27.6% for the six months ended March 31, 2014. The overall increase in selling, general, and administrative expenses was primarily attributable to increased personnel expenses partially resulting from increased health care costs as well as increased commissions resulting from increased boat sales.

Interest Expense. Interest expense increased $324,000, or 15.6%, to $2.4 million for the six months ended March 31, 2015 from $2.1 million for the six months ended March 31, 2014. Interest expense as a percentage of revenue decreased to 0.7% for the six months ended March 31, 2015 from 0.8% for the six months ended March 31, 2014. The increase in interest expense was primarily a result of increased borrowings.

Income Taxes. We had no income tax expense or benefit for the six months ended March 31, 2015 and 2014. Our effective income tax rate was zero for both the six months ended March 31, 2015 and 2014. For the six months ended March 31, 2015 and 2014 we generated a loss for tax purposes; however, we could not record the benefit for the net operating loss carryforward due to the required valuation allowance. We will continue to evaluate the need for a valuation allowance. If the full valuation allowance is reversed, we will start recording a tax provision.

Liquidity and Capital Resources

Our cash needs are primarily for working capital to support operations, including new and used boat and related parts inventories, off-season liquidity, and growth through acquisitions and new store openings. Acquisitions and new store openings remain important strategies to our company, and we plan to accelerate our growth through these strategies as more robust economic conditions return. However, we cannot predict the length or severity of these unfavorable economic or financial conditions. We regularly monitor the aging of our inventories and current market trends to evaluate our current and future inventory needs. We also use this evaluation in conjunction with our review of our current and expected operating performance and expected business levels to determine the adequacy of our financing needs.

These cash needs have historically been financed with cash generated from operations and borrowings under our credit facility. Our ability to utilize our credit facility to fund operations depends upon the collateral levels and compliance with the covenants of the credit facility. Turmoil in the credit markets and weakness in the retail markets may interfere with our ability to remain in compliance with the covenants of the credit facility and therefore our ability to utilize the credit facility to fund operations. As of March 31, 2015, we were in compliance with all covenants under our credit facility. We currently depend upon dividends and other payments from our dealerships and our credit facility to fund our current operations and meet our cash needs. As 100% owner of each of our dealerships, we determine the amounts of such distributions, and currently, no agreements exist that restrict this flow of funds from our dealerships.

 

18


Table of Contents

For the six months ended March 31, 2015 and 2014, cash used in operating activities was approximately $24.9 million and $30.5 million, respectively. For the six months ended March 31, 2015, cash used in operating activities was primarily related to an increase of inventory driven by timing of boats received, an increase in accounts receivable as a result of our relatively successful sales efforts at the end of the quarter ended March 31, 2015, partially offset by seasonal increases in accounts payable and an increase in customer deposits as a result of large yachts that were sold on order. For the six months ended March 31, 2014, cash used in operating activities was primarily related to our net loss, an increase of inventory driven by timing of boats received, seasonal increases in accounts receivable, and was partially offset by an increase in customer deposits as a result of large yachts that were sold on order.

For the six months ended March 31, 2015 and 2014, cash used in investing activities was approximately $4.1 million and $3.1 million, respectively. For the six months ended March 31, 2015 cash used in investing activities was primarily used to purchase property and equipment associated with improving existing retail facilities. For the six months ended March 31, 2014, cash used in investing activities was primarily used to purchase property and equipment associated with improving existing retail facilities and was partially offset by insurance proceeds received as a result of Hurricane Sandy.

For the six months ended March 31, 2015 and 2014, cash provided by financing activities was approximately $43.9 million and $40.7 million, respectively, and was primarily attributable to net short-term borrowings as a result of increased inventory levels and proceeds from the issuance of common stock from our stock based compensation plans.

In August 2014, we entered into an amendment to our Inventory Financing Agreement (the “Amended Credit Facility”), originally entered into in June 2010, as subsequently amended, with GE Commercial Distribution Finance Corporation. The August 2014 amendment extended the maturity date of the Credit Facility to August 2017, subject to additional extension for two one-year periods, with lender approval. The August 2014 amendment, among other things, modified the amount of borrowing availability and maturity date of the Credit Facility. The Amended Credit Facility provides a floor plan financing commitment of up to $235.0 million, an increase from the previous limit of $205.0 million, subject to borrowing base availability resulting from the amount and aging of our inventory.

The Amended Credit Facility has certain financial covenants as specified in the agreement. The covenants include provisions that our leverage ratio must not exceed 2.75 to 1.0 and that our current ratio must be greater than 1.2 to 1.0. The interest rate for amounts outstanding under the Amended Credit Facility is 345 basis points above the one-month London Inter-Bank Offering Rate (“LIBOR”). There is an unused line fee of ten basis points on the unused portion of the Amended Credit Facility.

Advances under the Amended Credit Facility are initiated by the acquisition of eligible new and used inventory or are re-advances against eligible new and used inventory that have been partially paid-off. Advances on new inventory will generally mature 1,080 days from the original invoice date. Advances on used inventory will mature 361 days from the date we acquire the used inventory. Each advance is subject to a curtailment schedule, which requires that we pay down the balance of each advance on a periodic basis starting after six months. The curtailment schedule varies based on the type and value of the inventory. The collateral for the Amended Credit Facility is all of our personal property with certain limited exceptions. None of our real estate has been pledged for collateral for the Amended Credit Facility.

As of March 31, 2015, our indebtedness associated with financing our inventory and working capital needs totaled approximately $165.3 million. As of March 31, 2014 and 2015, the interest rate on the outstanding short-term borrowings was approximately 3.6%. As of March 31, 2015, our additional available borrowings under our Amended Credit Facility were approximately $22.0 million based, upon the outstanding borrowing base availability. The aging of our inventory limits our borrowing capacity as defined curtailments reduce the allowable advance rate as our inventory ages.

 

19


Table of Contents

Except as specified in this “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and in the attached unaudited condensed consolidated financial statements, we have no material commitments for capital for the next 12 months. We believe that our existing capital resources will be sufficient to finance our operations for at least the next 12 months, except for possible significant acquisitions.

Impact of Seasonality and Weather on Operations

Our business, as well as the entire recreational boating industry, is highly seasonal, with seasonality varying in different geographic markets. With the exception of Florida, we generally realize significantly lower sales and higher levels of inventories, and related short-term borrowings, in the quarterly periods ending December 31 and March 31. The onset of the public boat and recreation shows in January generally stimulates boat sales and typically allows us to reduce our inventory levels and related short-term borrowings throughout the remainder of the fiscal year. Our business could become substantially more seasonal if we acquire dealers that operate in colder regions of the United States or close retail locations in warm climates.

Our business is also subject to weather patterns, which may adversely affect our results of operations. For example, prolonged winter conditions, drought conditions (or merely reduced rainfall levels) or excessive rain, may limit access to area boating locations or render boating dangerous or inconvenient, thereby curtailing customer demand for our products and services. In addition, unseasonably cool weather and prolonged winter conditions may lead to a shorter selling season in certain locations. Hurricanes and other storms could result in disruptions of our operations or damage to our boat inventories and facilities, as has been the case when Florida and other markets were affected by hurricanes. Although our geographic diversity is likely to reduce the overall impact to us of adverse weather conditions in any one market area, these conditions will continue to represent potential, material adverse risks to us and our future financial performance.

 

ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

As of March 31, 2015, all of our short-term debt bore interest at a variable rate, tied to LIBOR as a reference rate. Changes in the underlying LIBOR interest rate on our short-term debt could affect our earnings. For example, a hypothetical 100 basis point increase in the interest rate on our short-term debt would result in an increase of approximately $1.7 million in annual pre-tax interest expense. This estimated increase is based upon the outstanding balance of our short-term debt as of March 31, 2015 and assumes no mitigating changes by us to reduce the outstanding balances and no additional interest assistance that could be received from vendors due to the interest rate increase.

Products purchased from European-based and Chinese-based manufacturers are subject to fluctuations in the U.S. dollar exchange rate, which ultimately may impact the retail price at which we can sell such products. Accordingly, fluctuations in the value of the other currencies compared with the U.S. dollar may impact the price points at which we can profitably sell such foreign products, and such price points may not be competitive with other product lines in the United States. Accordingly, such fluctuations in exchange rates ultimately may impact the amount of revenue, cost of goods sold, cash flows, and earnings we recognize for such foreign product lines. We cannot predict the effects of exchange rate fluctuations on our operating results. In certain cases, we may enter into foreign currency cash flow hedges to reduce the variability of cash flows associated with forecasted purchases of boats and yachts from European-based and Chinese-based manufacturers. We are not currently engaged in foreign currency exchange hedging transactions to manage our foreign currency exposure. If and when we do engage in foreign currency exchange hedging transactions, we cannot assure that our strategies will adequately protect our operating results from the effects of exchange rate fluctuations.

 

ITEM 4. CONTROLS AND PROCEDURES

Evaluation of Disclosure Controls and Procedures

We maintain disclosure controls and procedures that are designed to ensure that material information required to be disclosed by us in Securities Exchange Act reports is recorded, processed, summarized, and reported within the time periods specified in the Securities and Exchange Commission’s rules and forms, and that such information is accumulated and communicated to our management, including the Chief Executive Officer and Chief Financial Officer, as appropriate, to allow timely decisions regarding required disclosure.

 

20


Table of Contents

Our Chief Executive Officer and Chief Financial Officer have evaluated 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 Exchange Act of 1934) as of the end of the period covered by this report. Based on such evaluation, such officers have concluded that, as of the end of the period covered by this report, our disclosure controls and procedures were effective at the reasonable assurance level.

Changes in Internal Controls

During the quarter ended March 31, 2015, there were no changes in our internal controls over financial reporting that materially affected, or were reasonably likely to materially affect, our internal control over financial reporting.

Limitations on the Effectiveness of Controls

Our management, including our Chief Executive Officer and Chief Financial Officer, does not expect that our disclosure controls and procedures and internal controls over financial reporting will prevent all errors and all fraud. A control system, no matter how well conceived and operated, can provide only reasonable, not absolute, assurance that the objectives of the control system are met. Further, the design of a control system must reflect the fact that there are resource constraints, and the benefits of controls must be considered relative to their costs. Although our disclosure controls and procedures are designed to provide reasonable assurance of achieving their objectives because of the inherent limitations in all control systems, no evaluation of controls can provide absolute assurance that all control issues and instances of fraud, if any, within the company have been detected. These inherent limitations include the realities that judgments in decision-making can be faulty, and that breakdowns can occur because of simple error or mistake. Additionally, controls can be circumvented by the individual acts of some persons, by collusion of two or more people, or by management override of the control. The design of any system of controls also is based in part upon certain assumptions about the likelihood of future events, and there can be no assurance that any design will succeed in achieving its stated goals under all potential future conditions; over time, a control may become inadequate because of changes in conditions, or the degree of compliance with the policies or procedures may deteriorate. Because of the inherent limitations in a cost-effective control system, misstatements due to error or fraud may occur and not be detected.

CEO and CFO Certifications

Exhibits 31.1 and 31.2 are the Certifications of the Chief Executive Officer and Chief Financial Officer, respectively. The Certifications are required in accordance with Section 302 of the Sarbanes-Oxley Act of 2002 (the “Section 302 Certifications”). This Item of this report, which you are currently reading is the information concerning the Evaluation referred to in the Section 302 Certifications and this information should be read in conjunction with the Section 302 Certifications for a more complete understanding of the topics presented.

 

21


Table of Contents

PART II

OTHER INFORMATION

 

ITEM 1. LEGAL PROCEEDINGS

Not applicable.

 

ITEM 1A. RISK FACTORS

Not applicable.

 

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

Not applicable.

 

ITEM 3. DEFAULTS UPON SENIOR SECURITIES

Not applicable.

 

ITEM 4. MINE SAFETY DISCLOSURES

Not applicable.

 

ITEM 5. OTHER INFORMATION

Not applicable.

 

ITEM 6. EXHIBITS

 

    3.1(b) Articles of Incorporation of MarineMax, Inc., a Florida corporation. (1)
    3.2(a) Bylaws of MarineMax, Inc., a Florida corporation. (1)
    4.2 Form of Common Stock Certificate. (1)
  10.35 Agreement and Plan of Merger, dated February 25, 2015, by and between MarineMax, Inc. and MarineMax Reincorporation, Inc. (2)
  31.1 Certification of Chief Executive Officer pursuant to Rule 13a-14(a) and Rule 15d-14(a), promulgated under the Securities Exchange Act of 1934, as amended.
  31.2 Certification of Chief Financial Officer pursuant to Rule 13a-14(a) and Rule 15d-14(a), promulgated under the Securities Exchange Act of 1934, as amended.
  32.1 Certification pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
  32.2 Certification pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
101.INS XBRL Instance Document
101.SCH XBRL Taxonomy Extension Schema Document
101.CAL XBRL Taxonomy Extension Calculation Linkbase Document
101.DEF XBRL Taxonomy Extension Definition Linkbase Document
101.LAB XBRL Taxonomy Extension Label Linkbase Document
101.PRE XBRL Taxonomy Extension Presentation Linkbase Document

 

(1) Incorporated by reference to Registrant’s Form 8-K as filed March 20, 2015.
(2) Incorporated by reference to Registrant’s Form 8-K as filed February 26, 2015.

 

22


Table of Contents

SIGNATURES

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

 

MARINEMAX, INC.
May 5, 2015 By:

/s/ Michael H. McLamb

Michael H. McLamb
Executive Vice President,
Chief Financial Officer, Secretary, and Director
(Principal Accounting and Financial Officer)

 

23

EX-31.1 2 d882930dex311.htm CERTIFICATION Certification

Exhibit 31.1

CERTIFICATION

I, William H. McGill Jr., certify that:

 

  1. I have reviewed this quarterly report on Form 10-Q of MarineMax, Inc.;

 

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

 

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

 

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

 

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

 

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

 

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

 

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

 

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

 

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

 

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

 

/s/ WILLIAM H. MCGILL JR.

William H. McGill Jr.
Chief Executive Officer
(Principal Executive Officer)

Date: May 5, 2015

EX-31.2 3 d882930dex312.htm CERTIFICATION Certification

Exhibit 31.2

CERTIFICATION

I, Michael H. McLamb, certify that:

 

  1. I have reviewed this quarterly report on Form 10-Q of MarineMax, Inc.;

 

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

 

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

 

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

 

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

 

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

 

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

 

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

 

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

 

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

 

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

 

/s/ MICHAEL H. MCLAMB

Michael H. McLamb
Chief Financial Officer
(Principal Financial Officer)

Date: May 5, 2015

EX-32.1 4 d882930dex321.htm CERTIFICATION Certification

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

In connection with the quarterly report of MarineMax, Inc., (the “Company”) on Form 10-Q for the quarterly period ended March 31, 2015 as filed with the Securities and Exchange Commission on the date hereof (the “Report”), I, William H. McGill Jr., Chief Executive Officer of the Company, certify, to my best knowledge and belief, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:

 

  (1) The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934 (15 U.S.C. 78m(a) or 78o(d)); 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/ WILLIAM H. MCGILL JR.

William H. McGill Jr.
Chief Executive Officer

Date: May 5, 2015

EX-32.2 5 d882930dex322.htm CERTIFICATION Certification

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

In connection with the quarterly report of MarineMax, Inc., (the “Company”) on Form 10-Q for the quarterly period ended March 31, 2015 as filed with the Securities and Exchange Commission on the date hereof (the “Report”), I, Michael H. McLamb, Chief Financial Officer of the Company, certify, to my best knowledge and belief, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:

 

  (1) The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934 (15 U.S.C. 78m(a) or 78o(d)); 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/ MICHAEL H. MCLAMB

Michael H. McLamb
Chief Financial Officer

Date: May 5, 2015

EX-101.INS 6 hzo-20150331.xml XBRL INSTANCE DOCUMENT 235000000 25493958 2200456 1200456 205000000 30798000 2800000 25467750 24676850 19.23 40000000 790900 53 16 0 0.10 0.001 1000000 111000 0.001 0 2500000 215113000 345000 25000 11928000 27745000 232586000 20741000 244546000 460004000 17157000 165287000 215458000 0 42695000 2900000 108100000 3876000 2100000 460004000 277030000 23046000 5257000 15810000 346647000 2.75 647115 12.85 1165418 11.30 0 1017489 2038784 29381000 18837000 165300000 27745000 25467750 25000 -15810000 232586000 52837 2000000 200456 23756000 25002807 24211907 6.10 40000000 790900 0 0.001 1000000 3340 0.001 0 2200000 162826000 560000 25000 7823000 27141000 227939000 19600000 239295000 402681000 10979000 124424000 163386000 27839000 101878000 4415000 402681000 244151000 12547000 11851000 15810000 288952000 11.70 1350709 2226319 15980000 27141000 25002807 25000 -15810000 227939000 -0.22 6.23 -30517000 23779913 -0.22 23779913 1300000 64696000 246206000 -553000 32355000 -5348000 373000 -181000 -3273000 0 3921000 -5348000 1929000 5500000 3523000 5693000 2075000 714000 67969000 181510000 7042000 -1115000 0 40685000 37634000 81000 -3126000 2560000 3051000 1664000 3100000 0 0.000 P6M 0.001 0.413 1700000 0.036 P2Y4M24D 0.000 P3Y2M12D 0.007 0.557 <div> <table style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; BORDER-COLLAPSE: collapse; TEXT-TRANSFORM: none; WORD-SPACING: 0px; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr> <td valign="top" width="4%" align="left"><b>14.</b></td> <td valign="top" align="left"><b>COMMITMENTS AND CONTINGENCIES:</b></td> </tr> </table> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 6pt; LETTER-SPACING: normal; TEXT-INDENT: 4%; -webkit-text-stroke-width: 0px"> We are party to various legal actions arising in the ordinary course of business. We believe that these matters should not have a material adverse effect on our consolidated financial condition, results of operations, or cash flows.</p> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 1pt 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 12pt; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px"> &#xA0;</p> <table style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; BORDER-COLLAPSE: collapse; TEXT-TRANSFORM: none; WORD-SPACING: 0px; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr> <td></td> </tr> </table> </div> 0.02 <div> <table style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; BORDER-COLLAPSE: collapse; TEXT-TRANSFORM: none; WORD-SPACING: 0px; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr> <td valign="top" width="4%" align="left"><b>13.</b></td> <td valign="top" align="left"><b>NET INCOME (LOSS) PER SHARE:</b></td> </tr> </table> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 6pt; LETTER-SPACING: normal; TEXT-INDENT: 4%; -webkit-text-stroke-width: 0px"> The following is a reconciliation of the shares used in the denominator for calculating basic and diluted net income (loss) per share:</p> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 12pt 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 0pt; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px"> &#xA0;</p> <table style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; BORDER-COLLAPSE: collapse; TEXT-TRANSFORM: none; WORD-SPACING: 0px; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" cellspacing="0" cellpadding="0" width="92%" align="center" border="0"> <tr> <td width="56%"></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td></td> </tr> <tr style="FONT-SIZE: 8pt; FONT-FAMILY: 'Times New Roman'"> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1pt solid" valign="bottom" colspan="6" align="center"><b>Three Months Ended</b><br /> <b>March&#xA0;31,</b></td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1pt solid" valign="bottom" colspan="6" align="center"><b>Six Months Ended</b><br /> <b>March&#xA0;31,</b></td> <td valign="bottom">&#xA0;</td> </tr> <tr style="FONT-SIZE: 8pt; FONT-FAMILY: 'Times New Roman'"> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1pt solid" valign="bottom" colspan="2" align="center"><b>2014</b></td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1pt solid" valign="bottom" colspan="2" align="center"><b>2015</b></td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1pt solid" valign="bottom" colspan="2" align="center"><b>2014</b></td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1pt solid" valign="bottom" colspan="2" align="center"><b>2015</b></td> <td valign="bottom">&#xA0;</td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'" bgcolor="#CCEEFF"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; MARGIN-LEFT: 1em; TEXT-INDENT: -1em"> Weighted average common shares outstanding used in calculating basic income (loss) per share</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">23,845,302</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">24,544,272</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">23,779,913</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">24,409,969</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; MARGIN-LEFT: 1em; TEXT-INDENT: -1em"> Effect of dilutive options and non-vested restricted stock awards</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;</td> <td valign="bottom" nowrap="nowrap" align="right"> &#x2014;&#xA0;&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">721,585</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;</td> <td valign="bottom" nowrap="nowrap" align="right"> &#x2014;&#xA0;&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">695,293</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'" bgcolor="#CCEEFF"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; MARGIN-LEFT: 1em; TEXT-INDENT: -1em"> Weighted average common and common equivalent shares used in calculating diluted income (loss) per share</p> </td> <td valign="bottom"></td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">23,845,302</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom"></td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">25,265,857</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom"></td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">23,779,913</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom"></td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">25,105,262</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 3px double">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 3px double">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 3px double">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 3px double">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 3px double">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 3px double">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 3px double">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 3px double">&#xA0;</p> </td> <td>&#xA0;</td> </tr> </table> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 12pt; LETTER-SPACING: normal; TEXT-INDENT: 4%; -webkit-text-stroke-width: 0px"> For the three months ended March&#xA0;31, 2015, there were 1,361,973 weighted average shares of options outstanding, respectively, that were not included in the computation of diluted income per share because the options&#x2019; exercise prices were greater than the average market price of our common stock, and therefore, their effect would be anti-dilutive. For the six months ended March&#xA0;31, 2015, there were 1,472,001 weighted average shares of options outstanding, respectively, that were not included in the computation of diluted income per share because the options&#x2019; exercise prices were greater than the average market price of our common stock, and therefore, their effect would be anti-dilutive. For the three months ended March&#xA0;31, 2014 and the six months ended March&#xA0;31, 2014 no options or non-vested restricted stock awards were included in the computation of diluted loss per share because we reported a net loss and the effect of their inclusion would be anti-dilutive.</p> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 18pt 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 0pt; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px"> &#xA0;</p> <table style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; BORDER-COLLAPSE: collapse; TEXT-TRANSFORM: none; WORD-SPACING: 0px; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr> <td></td> </tr> </table> </div> <div> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"> Inventory costs consist of the amount paid to acquire inventory, net of vendor consideration and purchase discounts, the cost of equipment added, reconditioning costs, and transportation costs relating to acquiring inventory for sale. We state new and used boat, motor, and trailer inventories at the lower of cost, determined on a specific-identification basis, or market. We state parts and accessories at the lower of cost, determined on an average cost basis, or market. We utilize our historical experience, the aging of the inventories, and our consideration of current market trends as the basis for determining a lower of cost or market valuation allowance. As of September&#xA0;30, 2014 and March&#xA0;31, 2015, our lower of cost or market valuation allowance for new and used boat, motor, and trailer inventories was $2.2 million and $2.5 million, respectively. If events occur and market conditions change, causing the fair value to fall below carrying value, the lower of cost or market valuation allowance could increase.</p> </div> <div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 4%"> The following table summarizes restricted stock award activity from September&#xA0;30, 2014 through March&#xA0;31, 2015:</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 12pt; MARGIN-TOP: 0pt"> &#xA0;</p> <table style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="76%" align="center" border="0"> <tr> <td width="74%"></td> <td valign="bottom" width="7%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="7%"></td> <td></td> <td></td> <td></td> </tr> <tr style="FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman"> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td style="BORDER-BOTTOM: #000000 1pt solid" valign="bottom" colspan="2" align="center"><b>Shares</b></td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td style="BORDER-BOTTOM: #000000 1pt solid" valign="bottom" colspan="2" align="center"><b>Weighted<br /> Average&#xA0;Grant<br /> Date&#xA0;Fair&#xA0;Value</b></td> <td valign="bottom">&#xA0;</td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" bgcolor="#CCEEFF"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 1em; TEXT-INDENT: -1em"> Non-vested balance as of September&#xA0;30, 2014</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">3,340</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">6.10</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 1em; TEXT-INDENT: -1em"> Changes during the period</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" bgcolor="#CCEEFF"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 3em; TEXT-INDENT: -1em"> Awards granted</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">111,000</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">19.23</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 3em; TEXT-INDENT: -1em"> Awards vested</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">(3,340</td> <td valign="bottom" nowrap="nowrap">)&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">6.10</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" bgcolor="#CCEEFF"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 1em; TEXT-INDENT: -1em"> Non-vested balance as of March&#xA0;31, 2015</p> </td> <td valign="bottom"></td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">111,000</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom"></td> <td valign="bottom">$</td> <td valign="bottom" align="right">19.23</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> </table> </div> <div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 4%"> The following are the weighted average assumptions used for each respective period:</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 12pt; MARGIN-TOP: 0pt"> &#xA0;</p> <table style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="92%" align="center" border="0"> <tr> <td width="60%"></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td></td> </tr> <tr style="FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman"> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td style="BORDER-BOTTOM: #000000 1pt solid" valign="bottom" colspan="6" align="center"><b>Three Months Ended</b><br /> <b>March&#xA0;31,</b></td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;</td> <td style="BORDER-BOTTOM: #000000 1pt solid" valign="bottom" colspan="6" align="center"><b>Six Months Ended</b><br /> <b>March&#xA0;31,</b></td> <td valign="bottom">&#xA0;</td> </tr> <tr style="FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman"> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td style="BORDER-BOTTOM: #000000 1pt solid" valign="bottom" colspan="2" align="center"><b>2014</b></td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;</td> <td style="BORDER-BOTTOM: #000000 1pt solid" valign="bottom" colspan="2" align="center"><b>2015</b></td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;</td> <td style="BORDER-BOTTOM: #000000 1pt solid" valign="bottom" colspan="2" align="center"><b>2014</b></td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;</td> <td style="BORDER-BOTTOM: #000000 1pt solid" valign="bottom" colspan="2" align="center"><b>2015</b></td> <td valign="bottom">&#xA0;</td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" bgcolor="#CCEEFF"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 1em; TEXT-INDENT: -1em"> Dividend yield</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">0.0</td> <td valign="bottom" nowrap="nowrap">%&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">0.0</td> <td valign="bottom" nowrap="nowrap">%&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">0.0</td> <td valign="bottom" nowrap="nowrap">%&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">0.0</td> <td valign="bottom" nowrap="nowrap">%&#xA0;</td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 1em; TEXT-INDENT: -1em"> Risk-free interest rate</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">0.1</td> <td valign="bottom" nowrap="nowrap">%&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">0.1</td> <td valign="bottom" nowrap="nowrap">%&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">0.1</td> <td valign="bottom" nowrap="nowrap">%&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">0.1</td> <td valign="bottom" nowrap="nowrap">%&#xA0;</td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" bgcolor="#CCEEFF"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 1em; TEXT-INDENT: -1em"> Volatility</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">41.3</td> <td valign="bottom" nowrap="nowrap">%&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">30.0</td> <td valign="bottom" nowrap="nowrap">%&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">41.3</td> <td valign="bottom" nowrap="nowrap">%&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">30.0</td> <td valign="bottom" nowrap="nowrap">%&#xA0;</td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 1em; TEXT-INDENT: -1em"> Expected life</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">six&#xA0;months</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">six&#xA0;months</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">six&#xA0;months</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">six&#xA0;months</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> </tr> </table> </div> <div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 4%"> The following are the weighted average assumptions used for each respective period:</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 12pt; MARGIN-TOP: 0pt"> &#xA0;</p> <table style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="92%" align="center" border="0"> <tr> <td width="67%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> </tr> <tr style="FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman"> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td style="BORDER-BOTTOM: #000000 1pt solid" valign="bottom" colspan="6" align="center"> <b>Three&#xA0;Months&#xA0;Ended</b><br /> <b>March&#xA0;31,</b></td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td style="BORDER-BOTTOM: #000000 1pt solid" valign="bottom" colspan="6" align="center"><b>Six Months Ended</b><br /> <b>March&#xA0;31,</b></td> <td valign="bottom">&#xA0;</td> </tr> <tr style="FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman"> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td style="BORDER-BOTTOM: #000000 1pt solid" valign="bottom" colspan="2" align="center"><b>2014</b></td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;</td> <td style="BORDER-BOTTOM: #000000 1pt solid" valign="bottom" colspan="2" align="center"><b>2015</b></td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td style="BORDER-BOTTOM: #000000 1pt solid" valign="bottom" colspan="2" align="center"><b>2014</b></td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;</td> <td style="BORDER-BOTTOM: #000000 1pt solid" valign="bottom" colspan="2" align="center"><b>2015</b></td> <td valign="bottom">&#xA0;</td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" bgcolor="#CCEEFF"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 1em; TEXT-INDENT: -1em"> Dividend yield</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">0.0</td> <td valign="bottom" nowrap="nowrap">%&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;</td> <td valign="bottom" nowrap="nowrap" align="right"> &#x2014;&#xA0;&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">0.0</td> <td valign="bottom" nowrap="nowrap">%&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">0.0</td> <td valign="bottom" nowrap="nowrap">%&#xA0;</td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 1em; TEXT-INDENT: -1em"> Risk-free interest rate</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">0.7</td> <td valign="bottom" nowrap="nowrap">%&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;</td> <td valign="bottom" nowrap="nowrap" align="right"> &#x2014;&#xA0;&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">0.7</td> <td valign="bottom" nowrap="nowrap">%&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">0.8</td> <td valign="bottom" nowrap="nowrap">%&#xA0;</td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" bgcolor="#CCEEFF"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 1em; TEXT-INDENT: -1em"> Volatility</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">55.7</td> <td valign="bottom" nowrap="nowrap">%&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;</td> <td valign="bottom" nowrap="nowrap" align="right"> &#x2014;&#xA0;&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">55.7</td> <td valign="bottom" nowrap="nowrap">%&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">47.4</td> <td valign="bottom" nowrap="nowrap">%&#xA0;</td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 1em; TEXT-INDENT: -1em"> Expected life</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">3.2&#xA0;years</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;</td> <td valign="bottom" nowrap="nowrap" align="right"> &#x2014;&#xA0;&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">3.2&#xA0;years</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">3.0&#xA0;years</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> </tr> </table> </div> <div> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 6pt; LETTER-SPACING: normal; TEXT-INDENT: 4%; -webkit-text-stroke-width: 0px"> The following is a reconciliation of the shares used in the denominator for calculating basic and diluted net income (loss) per share:</p> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 12pt 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 0pt; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px"> &#xA0;</p> <table style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; BORDER-COLLAPSE: collapse; TEXT-TRANSFORM: none; WORD-SPACING: 0px; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" cellspacing="0" cellpadding="0" width="92%" align="center" border="0"> <tr> <td width="56%"></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td></td> </tr> <tr style="FONT-SIZE: 8pt; FONT-FAMILY: 'Times New Roman'"> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1pt solid" valign="bottom" colspan="6" align="center"><b>Three Months Ended</b><br /> <b>March&#xA0;31,</b></td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1pt solid" valign="bottom" colspan="6" align="center"><b>Six Months Ended</b><br /> <b>March&#xA0;31,</b></td> <td valign="bottom">&#xA0;</td> </tr> <tr style="FONT-SIZE: 8pt; FONT-FAMILY: 'Times New Roman'"> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1pt solid" valign="bottom" colspan="2" align="center"><b>2014</b></td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1pt solid" valign="bottom" colspan="2" align="center"><b>2015</b></td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1pt solid" valign="bottom" colspan="2" align="center"><b>2014</b></td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1pt solid" valign="bottom" colspan="2" align="center"><b>2015</b></td> <td valign="bottom">&#xA0;</td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'" bgcolor="#CCEEFF"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; MARGIN-LEFT: 1em; TEXT-INDENT: -1em"> Weighted average common shares outstanding used in calculating basic income (loss) per share</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">23,845,302</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">24,544,272</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">23,779,913</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">24,409,969</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; MARGIN-LEFT: 1em; TEXT-INDENT: -1em"> Effect of dilutive options and non-vested restricted stock awards</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;</td> <td valign="bottom" nowrap="nowrap" align="right"> &#x2014;&#xA0;&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">721,585</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;</td> <td valign="bottom" nowrap="nowrap" align="right"> &#x2014;&#xA0;&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">695,293</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'" bgcolor="#CCEEFF"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; MARGIN-LEFT: 1em; TEXT-INDENT: -1em"> Weighted average common and common equivalent shares used in calculating diluted income (loss) per share</p> </td> <td valign="bottom"></td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">23,845,302</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom"></td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">25,265,857</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom"></td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">23,779,913</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom"></td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">25,105,262</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 3px double">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 3px double">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 3px double">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 3px double">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 3px double">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 3px double">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 3px double">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 3px double">&#xA0;</p> </td> <td>&#xA0;</td> </tr> </table> <br class="Apple-interchange-newline" /> </div> 10-Q MARINEMAX INC HZO <div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt; TEXT-INDENT: 4%"> We account for income taxes in accordance with FASB Accounting Standards Codification 740, &#x201C;Income Taxes&#x201D; (&#x201C;ASC 740&#x201D;). Under ASC 740, we recognize deferred tax assets and liabilities for the future tax consequences attributable to temporary differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. We measure deferred tax assets and liabilities using enacted tax rates expected to apply to taxable income in the years in which we expect those temporary differences to be recovered or settled. We record valuation allowances to reduce our deferred tax assets to the amount expected to be realized by considering all available positive and negative evidence.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 4%"> Pursuant to ASC 740, we must consider all positive and negative evidence regarding the realization of deferred tax assets. ASC 740 provides for four possible sources of taxable income to realize deferred tax assets: 1) taxable income in prior carryback years; 2) reversals of existing deferred tax liabilities; 3) tax planning strategies and 4) projected future taxable income. As of March&#xA0;31, 2015, we have no available taxable income in prior carryback years, reversals of existing deferred tax liabilities or prudent and feasible tax planning strategies. Therefore, the recoverability of our deferred tax assets is dependent upon generating future taxable income. Although as of March&#xA0;31, 2015, we were no longer in a three year cumulative loss position for financial reporting purposes in our significant jurisdictions, we believe there is sufficient negative evidence concerning our projected future taxable income and, therefore, the realization of our deferred tax assets. Our future taxable income is inherently difficult to project and subject to uncertainty due to many factors including the impact of general economic conditions and the cyclical nature of our operations. Additionally, historically it has been difficult to project our industry&#x2019;s trends and therefore our results. Based on our analysis of the available evidence we determined that our deferred tax assets needed a full valuation allowance as of March&#xA0;31, 2015. We will continue to evaluate the need for a valuation allowance. If the full valuation allowance is reversed, we will start recording a tax provision.</p> </div> <div> <table style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; BORDER-COLLAPSE: collapse; TEXT-TRANSFORM: none; WORD-SPACING: 0px; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr> <td valign="top" width="4%" align="left"><b>3.</b></td> <td valign="top" align="left"><b>NEW ACCOUNTING PRONOUNCEMENTS:</b></td> </tr> </table> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 6pt; LETTER-SPACING: normal; TEXT-INDENT: 4%; -webkit-text-stroke-width: 0px"> In May 2014, the FASB issued Accounting Standards Update No.&#xA0;2014-09, &#x201C;Revenue from Contracts with Customers (Topic 606)&#x201D; (ASU 2014-9), a converged standard on revenue recognition. The new pronouncement requires revenue recognition to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The guidance also specifies the accounting for some costs to obtain or fulfill a contract with a customer, as well as enhanced disclosure requirements. ASU 2014-9 is effective for annual reporting periods beginning after December&#xA0;15, 2016, including interim reporting periods within that reporting period. Early adoption is not permitted. We currently do not believe the adoption of this standard will have a material impact on our consolidated financial statements.</p> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 18pt 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 0pt; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px"> &#xA0;</p> </div> <div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 4%"> The following table summarizes option activity from September&#xA0;30, 2014 through March&#xA0;31, 2015:</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 12pt; MARGIN-TOP: 0pt"> &#xA0;</p> <table style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="100%" align="center" border="0"> <tr> <td width="60%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> </tr> <tr style="FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman"> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td style="BORDER-BOTTOM: #000000 1pt solid" valign="bottom" colspan="2" align="center"><b>Shares<br /> Available<br /> for Grant</b></td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;</td> <td style="BORDER-BOTTOM: #000000 1pt solid" valign="bottom" colspan="2" align="center"><b>Options<br /> Outstanding</b></td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;</td> <td style="BORDER-BOTTOM: #000000 1pt solid" valign="bottom" colspan="2" align="center"><b>Aggregate<br /> Intrinsic<br /> Value (in<br /> thousands)</b></td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td style="BORDER-BOTTOM: #000000 1pt solid" valign="bottom" colspan="2" align="center"><b>Weighted<br /> Average<br /> Exercise<br /> Price</b></td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td style="BORDER-BOTTOM: #000000 1pt solid" valign="bottom" colspan="2" align="center"><b>Weighted<br /> Average<br /> Remaining<br /> Contractual<br /> Life</b></td> <td valign="bottom">&#xA0;</td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" bgcolor="#CCEEFF"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 1em; TEXT-INDENT: -1em"> Balance as of September&#xA0;30, 2014</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">1,350,709</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">2,226,319</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">15,980</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">11.70</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">6.6</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 3em; TEXT-INDENT: -1em"> Options authorized</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;</td> <td valign="bottom" nowrap="nowrap" align="right"> &#x2014;&#xA0;&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;</td> <td valign="bottom" nowrap="nowrap" align="right"> &#x2014;&#xA0;&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;</td> <td valign="bottom" nowrap="nowrap" align="right"> &#x2014;&#xA0;&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" bgcolor="#CCEEFF"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 3em; TEXT-INDENT: -1em"> Options granted</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">(290,000</td> <td valign="bottom" nowrap="nowrap">)&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">290,000</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">15.91</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 3em; TEXT-INDENT: -1em"> Options cancelled/forfeited/expired</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">67,780</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">(67,780</td> <td valign="bottom" nowrap="nowrap">)&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">25.46</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" bgcolor="#CCEEFF"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 3em; TEXT-INDENT: -1em"> Restricted stock awards issued</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">(111,000</td> <td valign="bottom" nowrap="nowrap">)&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;</td> <td valign="bottom" nowrap="nowrap" align="right"> &#x2014;&#xA0;&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;</td> <td valign="bottom" nowrap="nowrap" align="right"> &#x2014;&#xA0;&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 3em; TEXT-INDENT: -1em"> Options exercised</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;</td> <td valign="bottom" nowrap="nowrap" align="right"> &#x2014;&#xA0;&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">(409,755</td> <td valign="bottom" nowrap="nowrap">)&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">6.64</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" bgcolor="#CCEEFF"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 1em; TEXT-INDENT: -1em"> Balance as of March&#xA0;31, 2015</p> </td> <td valign="bottom"></td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">1,017,489</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom"></td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">2,038,784</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom"></td> <td valign="bottom">$</td> <td valign="bottom" align="right">29,381</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom"></td> <td valign="bottom">$</td> <td valign="bottom" align="right">12.85</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom"></td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">6.8</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 1em; TEXT-INDENT: -1em"> Exercisable as of March&#xA0;31, 2015</p> </td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">1,165,418</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom"></td> <td valign="bottom">$</td> <td valign="bottom" align="right">18,837</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom"></td> <td valign="bottom">$</td> <td valign="bottom" align="right">11.30</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom"></td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">5.4</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom">&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> </table> </div> 5.79 <div> <table style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; BORDER-COLLAPSE: collapse; TEXT-TRANSFORM: none; WORD-SPACING: 0px; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr> <td valign="top" width="4%" align="left"><b>8.</b></td> <td valign="top" align="left"><b>SHORT-TERM BORROWINGS:</b></td> </tr> </table> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 6pt; LETTER-SPACING: normal; TEXT-INDENT: 4%; -webkit-text-stroke-width: 0px"> In August 2014, we entered into an amendment to our Inventory Financing Agreement (the &#x201C;Amended Credit Facility&#x201D;), originally entered into in June 2010, as subsequently amended, with GE Commercial Distribution Finance Corporation. The August 2014 amendment extended the maturity date of the Credit Facility to August 2017, subject to additional extension for two one-year periods, with lender approval. The August 2014 amendment, among other things, modified the amount of borrowing availability and maturity date of the Credit Facility. The Amended Credit Facility provides a floor plan financing commitment of up to $235 million, an increase from the previous limit of $205 million, subject to borrowing base availability resulting from the amount and aging of our inventory.</p> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 12pt; LETTER-SPACING: normal; TEXT-INDENT: 4%; -webkit-text-stroke-width: 0px"> The Amended Credit Facility has certain financial covenants as specified in the agreement. The covenants include provisions that our leverage ratio must not exceed 2.75 to 1.0 and that our current ratio must be greater than 1.2 to 1.0. The interest rate for amounts outstanding under the Amended Credit Facility is 345 basis points above the one-month London Inter-Bank Offering Rate (&#x201C;LIBOR&#x201D;). There is an unused line fee of ten basis points on the unused portion of the Amended Credit Facility.</p> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 12pt; LETTER-SPACING: normal; TEXT-INDENT: 4%; -webkit-text-stroke-width: 0px"> Advances under the Amended Credit Facility are initiated by the acquisition of eligible new and used inventory or are re-advances against eligible new and used inventory that have been partially paid-off. Advances on new inventory will generally mature 1,080&#xA0;days from the original invoice date. Advances on used inventory will mature 361&#xA0;days from the date we acquire the used inventory. Each advance is subject to a curtailment schedule, which requires that we pay down the balance of each advance on a periodic basis starting after six months. The curtailment schedule varies based on the type and value of the inventory.&#xA0;The collateral for the Amended Credit Facility is all of our personal property with certain limited exceptions. None of our real estate has been pledged for collateral for the Amended Credit Facility.</p> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 12pt; LETTER-SPACING: normal; TEXT-INDENT: 4%; -webkit-text-stroke-width: 0px"> As of March&#xA0;31, 2015, our indebtedness associated with financing our inventory and working capital needs totaled approximately $165.3 million. As of March&#xA0;31, 2014 and 2015, the interest rate on the outstanding short-term borrowings was approximately 3.6%. As of March&#xA0;31, 2015, our additional available borrowings under our Amended Credit Facility were approximately $22.0 million based upon the outstanding borrowing base availability.</p> <p style="MARGIN-BOTTOM: 0px; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 1px 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 12px; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px"> &#xA0;</p> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 0pt; LETTER-SPACING: normal; TEXT-INDENT: 4%; -webkit-text-stroke-width: 0px"> As is common in our industry, we receive interest assistance directly from boat manufacturers, including Brunswick. The interest assistance programs vary by manufacturer, but generally include periods of free financing or reduced interest rate programs. The interest assistance may be paid directly to us or our lender depending on the arrangements the manufacturer has established. We classify interest assistance received from manufacturers as a reduction of inventory cost and related cost of sales as opposed to netting the assistance against our interest expense incurred with our lenders.</p> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 12pt; LETTER-SPACING: normal; TEXT-INDENT: 4%; -webkit-text-stroke-width: 0px"> The availability and costs of borrowed funds can adversely affect our ability to obtain adequate boat inventory and the holding costs of that inventory as well as the ability and willingness of our customers to finance boat purchases. As of March&#xA0;31, 2015, we had no long-term debt. However, we rely on our Amended Credit Facility to purchase our inventory of boats. The aging of our inventory limits our borrowing capacity as defined curtailments reduce the allowable advance rate as our inventory ages. Our access to funds under our Amended Credit Facility also depends upon the ability of our lenders to meet their funding commitments, particularly if they experience shortages of capital or experience excessive volumes of borrowing requests from others during a short period of time. Unfavorable economic conditions, weak consumer spending, turmoil in the credit markets, and lender difficulties, among other potential reasons, could interfere with our ability to utilize our Amended Credit Facility to fund our operations. Any inability to utilize our Amended Credit Facility could require us to seek other sources of funding to repay amounts outstanding under the credit agreements or replace or supplement our credit agreements, which may not be possible at all or under commercially reasonable terms.</p> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 12pt; LETTER-SPACING: normal; TEXT-INDENT: 4%; -webkit-text-stroke-width: 0px"> Similarly, decreases in the availability of credit and increases in the cost of credit adversely affect the ability of our customers to purchase boats from us and thereby adversely affect our ability to sell our products and impact the profitability of our finance and insurance activities.</p> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 18pt 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 0pt; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px"> &#xA0;</p> <br class="Apple-interchange-newline" /> </div> Accelerated Filer 0.0345 695293 <div> <table style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; BORDER-COLLAPSE: collapse; TEXT-TRANSFORM: none; WORD-SPACING: 0px; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr> <td valign="top" width="4%" align="left"><b>5.</b></td> <td valign="top" align="left"><b>INVENTORIES:</b></td> </tr> </table> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 6pt; LETTER-SPACING: normal; TEXT-INDENT: 4%; -webkit-text-stroke-width: 0px"> Inventory costs consist of the amount paid to acquire inventory, net of vendor consideration and purchase discounts, the cost of equipment added, reconditioning costs, and transportation costs relating to acquiring inventory for sale. We state new and used boat, motor, and trailer inventories at the lower of cost, determined on a specific-identification basis, or market. We state parts and accessories at the lower of cost, determined on an average cost basis, or market. We utilize our historical experience, the aging of the inventories, and our consideration of current market trends as the basis for determining a lower of cost or market valuation allowance. As of September&#xA0;30, 2014 and March&#xA0;31, 2015, our lower of cost or market valuation allowance for new and used boat, motor, and trailer inventories was $2.2 million and $2.5 million, respectively. If events occur and market conditions change, causing the fair value to fall below carrying value, the lower of cost or market valuation allowance could increase.</p> <br class="Apple-interchange-newline" /> </div> 0.0010 <div> <table style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; BORDER-COLLAPSE: collapse; TEXT-TRANSFORM: none; WORD-SPACING: 0px; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr> <td valign="top" width="4%" align="left"><b>1.</b></td> <td valign="top" align="left"><b>COMPANY BACKGROUND:</b></td> </tr> </table> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 6pt; LETTER-SPACING: normal; TEXT-INDENT: 4%; -webkit-text-stroke-width: 0px"> We are the largest recreational boat retailer in the United&#xA0;States. We engage primarily in the retail sale, brokerage, and service of new and used boats, motors, trailers, marine parts and accessories and offer slip and storage accommodations in certain locations. In addition, we arrange related boat financing, insurance, and extended service contracts. We recently implemented programs to increase sales of boats, boating parts, and accessories, as well as the offer of finance and insurance, or F&amp;I, products at various offsite locations; and the charter of power and sailing yachts in the British Virgin Islands. None of these recently implemented programs have had a material effect on our condensed consolidated financial statements. As of March&#xA0;31, 2015, we operated through 53 retail locations in 16 states, consisting of Alabama, California, Connecticut, Florida, Georgia, Maryland, Minnesota, Missouri, New Jersey, New York, North Carolina, Ohio, Oklahoma, Rhode Island, Tennessee, and Texas. Our MarineMax Vacations operations maintain a facility in Tortola, British Virgin Islands.</p> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 12pt; LETTER-SPACING: normal; TEXT-INDENT: 4%; -webkit-text-stroke-width: 0px"> We are the nation&#x2019;s largest retailer of Sea Ray, Boston Whaler, and Meridian recreational boats and yachts, all of which are manufactured by Brunswick Corporation (&#x201C;Brunswick&#x201D;). Sales of new Brunswick boats accounted for approximately 40% of our revenue in fiscal 2014. Sales of new Sea Ray and Boston Whaler boats, both divisions of Brunswick, accounted for approximately 26% and 10%, respectively, of our revenue in fiscal 2014. Brunswick is the world&#x2019;s largest manufacturer of marine products and marine engines. We believe we represented approximately 43% of Brunswick&#x2019;s Sea Ray boat sales, during our fiscal 2014.</p> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 12pt; LETTER-SPACING: normal; TEXT-INDENT: 4%; -webkit-text-stroke-width: 0px"> We have dealership agreements with Sea Ray, Boston Whaler, Meridian, and Mercury Marine, all subsidiaries or divisions of Brunswick. We also have dealer agreements with Italy-based Azimut-Benetti Group&#x2019;s product line for Azimut Yachts. These agreements allow us to purchase, stock, sell, and service these manufacturers&#x2019; boats and products. These agreements also allow us to use these manufacturers&#x2019; names, trade symbols, and intellectual properties in our operations.</p> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 12pt; LETTER-SPACING: normal; TEXT-INDENT: 4%; -webkit-text-stroke-width: 0px"> We have multi-year dealer agreements with Brunswick covering Sea Ray products that appoints us as the exclusive dealer of Sea Ray boats in our geographic markets. We are the exclusive dealer for Boston Whaler through multi-year dealer agreements for many of our geographic markets. In addition, we are the exclusive dealer for Azimut Yachts for the entire United States through a multi-year dealer agreement. Sales of new Azimut boats accounted for approximately 14% of our revenue in fiscal 2014. We believe non-Brunswick brands offer a migration for our existing customer base or fill a void in our product offerings, and accordingly, do not compete with the business generated from our other prominent brands.</p> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 12pt; LETTER-SPACING: normal; TEXT-INDENT: 4%; -webkit-text-stroke-width: 0px"> As is typical in the industry, we deal with manufacturers, other than Sea Ray, Boston Whaler, Meridian, and Azimut Yachts, under renewable annual dealer agreements, each of which gives us the right to sell various makes and models of boats within a given geographic region. Any change or termination of these agreements, or the agreements discussed above, for any reason, or changes in competitive, regulatory, or marketing practices, including rebate or incentive programs, could adversely affect our results of operations. Although there are a limited number of manufacturers of the type of boats and products that we sell, we believe that adequate alternative sources would be available to replace any manufacturer other than Sea Ray and Azimut as a product source. These alternative sources may not be available at the time of any interruption, and alternative products may not be available at comparable terms, which could affect operating results adversely.</p> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 12pt; LETTER-SPACING: normal; TEXT-INDENT: 4%; -webkit-text-stroke-width: 0px"> General economic conditions and consumer spending patterns can negatively impact our operating results. Unfavorable local, regional, national, or global economic developments or uncertainties regarding future economic prospects could reduce consumer spending in the markets we serve and adversely affect our business. Economic conditions in areas in which we operate dealerships, particularly Florida in which we generated approximately 49%, 51%, and 52% of our revenue during fiscal 2012, 2013, and 2014, respectively, can have a major impact on our operations. Local influences, such as corporate downsizing, military base closings, inclement weather such as Hurricane Sandy, environmental conditions, and specific events, such as the BP oil spill in the Gulf of Mexico, also could adversely affect, and in certain instances have adversely affected, our operations in certain markets.</p> <p style="MARGIN-BOTTOM: 0px; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 1px 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 12px; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px"> &#xA0;</p> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 0pt; LETTER-SPACING: normal; TEXT-INDENT: 4%; -webkit-text-stroke-width: 0px"> In an economic downturn, consumer discretionary spending levels generally decline, at times resulting in disproportionately large reductions in the sale of luxury goods. Consumer spending on luxury goods also may decline as a result of lower consumer confidence levels, even if prevailing economic conditions are favorable. As a result, an economic downturn could impact us more than certain of our competitors due to our strategic focus on a higher end of our market. Although we have expanded our operations during periods of stagnant or modestly declining industry trends, the cyclical nature of the recreational boating industry or the lack of industry growth may adversely affect our business, financial condition, and results of operations. Any period of adverse economic conditions or low consumer confidence has a negative effect on our business.</p> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 12pt; LETTER-SPACING: normal; TEXT-INDENT: 4%; -webkit-text-stroke-width: 0px"> Lower consumer spending resulting from a downturn in the housing market and other economic factors adversely affected our business in fiscal 2007, and continued weakness in consumer spending and depressed economic conditions had a substantial negative effect on our business in each subsequent fiscal year. These conditions have caused us to substantially reduce our acquisition program, delay new store openings, reduce our inventory purchases, engage in inventory reduction efforts, close a number of our retail locations, reduce our headcount, and amend and replace our credit facility. Acquisitions and new store openings remain important strategies to our company, and we plan to accelerate our growth through these strategies when more normal economic conditions return. However, we cannot predict the length or severity of these unfavorable economic or financial conditions or the extent to which they will continue to adversely affect our operating results nor can we predict the effectiveness of the measures we have taken to address this environment or whether additional measures will be necessary.</p> </div> -24894000 <div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt; TEXT-INDENT: 4%"> We recognize revenue from boat, motor, and trailer sales, and parts and service operations at the time the boat, motor, trailer, or part is delivered to or accepted by the customer or the service is completed. We recognize deferred revenue from service operations and slip and storage services on a straight-line basis over the term of the contract or when service is completed. We recognize commissions earned from a brokerage sale at the time the related brokerage transaction closes. We recognize commissions earned by us for placing notes with financial institutions in connection with customer boat financing when we recognize the related boat sales. We recognize marketing fees earned on credit, life, accident, disability, gap, and hull insurance products sold by third-party insurance companies at the later of customer acceptance of the insurance product as evidenced by contract execution or when the related boat sale is recognized. Pursuant to negotiated agreements with financial and insurance institutions, we are charged back for a portion of these fees should the customer terminate or default on the related finance or insurance contract before it is outstanding for a stipulated minimum period of time. We base the chargeback allowance, which was not material to the unaudited condensed consolidated financial statements taken as a whole as of March&#xA0;31, 2015, on our experience with repayments or defaults on the related finance or insurance contracts.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 4%"> We also recognize commissions earned on extended warranty service contracts sold on behalf of third-party insurance companies at the later of customer acceptance of the service contract terms as evidenced by contract execution or recognition of the related boat sale. We are charged back for a portion of these commissions should the customer terminate or default on the service contract prior to its scheduled maturity. We determine the chargeback allowance, which was not material to the unaudited condensed consolidated financial statements taken as a whole as of March&#xA0;31, 2015, based upon our experience with terminations or defaults on the service contracts.</p> </div> 19.23 3340 0.85 111000 <div> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"> The preparation of unaudited condensed consolidated financial statements in conformity with accounting principles generally accepted in the United States requires us to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the unaudited condensed consolidated financial statements and the reported amounts of revenue and expenses during the reporting periods. Significant estimates made by us in the accompanying unaudited condensed consolidated financial statements include valuation allowances, valuation of goodwill and intangible assets, valuation of long-lived assets, and valuation of accruals. Actual results could differ from those estimates.</p> </div> 2015-03-31 Implementation of up to 10 annual offerings beginning on the first day of October starting in 2008, with each offering terminating on September 30 of the following year 6.10 false --09-30 2015 25105262 <div> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"> The unaudited condensed consolidated financial statements include our accounts and the accounts of our subsidiaries, all of which are wholly owned. All significant intercompany transactions and accounts have been eliminated.</p> </div> 0.02 <div> <table style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; BORDER-COLLAPSE: collapse; TEXT-TRANSFORM: none; WORD-SPACING: 0px; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr> <td valign="top" width="4%" align="left"><b>7.</b></td> <td valign="top" align="left"><b>INCOME TAXES:</b></td> </tr> </table> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 6pt; LETTER-SPACING: normal; TEXT-INDENT: 4%; -webkit-text-stroke-width: 0px"> We account for income taxes in accordance with FASB Accounting Standards Codification 740, &#x201C;Income Taxes&#x201D; (&#x201C;ASC 740&#x201D;). Under ASC 740, we recognize deferred tax assets and liabilities for the future tax consequences attributable to temporary differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. We measure deferred tax assets and liabilities using enacted tax rates expected to apply to taxable income in the years in which we expect those temporary differences to be recovered or settled. We record valuation allowances to reduce our deferred tax assets to the amount expected to be realized by considering all available positive and negative evidence.</p> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 12pt; LETTER-SPACING: normal; TEXT-INDENT: 4%; -webkit-text-stroke-width: 0px"> Pursuant to ASC 740, we must consider all positive and negative evidence regarding the realization of deferred tax assets. ASC 740 provides for four possible sources of taxable income to realize deferred tax assets: 1) taxable income in prior carryback years; 2) reversals of existing deferred tax liabilities; 3) tax planning strategies and 4) projected future taxable income. As of March&#xA0;31, 2015, we have no available taxable income in prior carryback years, reversals of existing deferred tax liabilities or prudent and feasible tax planning strategies. Therefore, the recoverability of our deferred tax assets is dependent upon generating future taxable income. Although as of March&#xA0;31, 2015, we were no longer in a three year cumulative loss position for financial reporting purposes in our significant jurisdictions, we believe there is sufficient negative evidence concerning our projected future taxable income and, therefore, the realization of our deferred tax assets. Our future taxable income is inherently difficult to project and subject to uncertainty due to many factors including the impact of general economic conditions and the cyclical nature of our operations. Additionally, historically it has been difficult to project our industry&#x2019;s trends and therefore our results. Based on our analysis of the available evidence we determined that our deferred tax assets needed a full valuation allowance as of March&#xA0;31, 2015. We will continue to evaluate the need for a valuation allowance. If the full valuation allowance is reversed, we will start recording a tax provision.</p> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 18pt 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 0pt; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px"> &#xA0;</p> <br class="Apple-interchange-newline" /> </div> <div> <table style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; BORDER-COLLAPSE: collapse; TEXT-TRANSFORM: none; WORD-SPACING: 0px; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr> <td valign="top" width="4%" align="left"><b>2.</b></td> <td valign="top" align="left"><b>BASIS OF PRESENTATION:</b></td> </tr> </table> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 6pt; LETTER-SPACING: normal; TEXT-INDENT: 4%; -webkit-text-stroke-width: 0px"> These unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States for interim financial information, the instructions to Quarterly Report on Form 10-Q, and Rule 10-01 of Regulation S-X and should be read in conjunction with our Annual Report on Form 10-K for the fiscal year ended September&#xA0;30, 2014. Accordingly, these unaudited condensed consolidated financial statements do not include all of the information and footnotes required by accounting principles generally accepted in the United States for complete financial statements. All adjustments, consisting of only normal recurring adjustments considered necessary for fair presentation, have been reflected in these unaudited condensed consolidated financial statements. As of March&#xA0;31, 2015, our financial instruments consisted of cash and cash equivalents, accounts receivable, accounts payable, customer deposits, and short-term borrowings. The carrying amounts of our financial instruments reported on the balance sheet as of March&#xA0;31, 2015 approximated fair value due either to length to maturity or existence of variable interest rates, which approximate prevailing market rates. The operating results for the three and six months ended March&#xA0;31, 2015 are not necessarily indicative of the results that may be expected in future periods.</p> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 12pt; LETTER-SPACING: normal; TEXT-INDENT: 4%; -webkit-text-stroke-width: 0px"> The preparation of unaudited condensed consolidated financial statements in conformity with accounting principles generally accepted in the United States requires us to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the unaudited condensed consolidated financial statements and the reported amounts of revenue and expenses during the reporting periods. Significant estimates made by us in the accompanying unaudited condensed consolidated financial statements include valuation allowances, valuation of goodwill and intangible assets, valuation of long-lived assets, and valuation of accruals. Actual results could differ from those estimates.</p> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 12pt; LETTER-SPACING: normal; TEXT-INDENT: 4%; -webkit-text-stroke-width: 0px"> Unless the context otherwise requires, all references to &#x201C;MarineMax&#x201D; mean MarineMax, Inc. prior to its acquisition of five previously independent recreational boat dealers in March 1998 (including their related real estate companies) and all references to the &#x201C;Company,&#x201D; &#x201C;our company,&#x201D; &#x201C;we,&#x201D; &#x201C;us,&#x201D; and &#x201C;our&#x201D; mean, as a combined company, MarineMax, Inc. and the 24 recreational boat dealers, two boat brokerage operations, and two full-service yacht repair operations acquired to date (the &#x201C;acquired dealers,&#x201D; and together with the brokerage and repair operations, &#x201C;operating subsidiaries&#x201D; or the &#x201C;acquired companies&#x201D;).</p> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 12pt; LETTER-SPACING: normal; TEXT-INDENT: 4%; -webkit-text-stroke-width: 0px"> The unaudited condensed consolidated financial statements include our accounts and the accounts of our subsidiaries, all of which are wholly owned. All significant intercompany transactions and accounts have been eliminated.</p> <br class="Apple-interchange-newline" /> </div> P1Y 0001057060 The covenants include provisions that our leverage ratio must not exceed 2.75 to 1.0 <div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt; TEXT-INDENT: 4%"> FASB Accounting Standards Codification 360-10-40, &#x201C;Property, Plant, and Equipment - Impairment or Disposal of Long-Lived Assets&#x201D; (&#x201C;ASC 360-10-40&#x201D;), requires that long-lived assets, such as property and equipment and purchased intangibles subject to amortization, be reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Recoverability of the asset is measured by comparison of its carrying amount to undiscounted future net cash flows the asset is expected to generate. If such assets are considered to be impaired, the impairment to be recognized is measured as the amount by which the carrying amount of the asset exceeds its fair market value. Estimates of expected future cash flows represent our best estimate based on currently available information and reasonable and supportable assumptions. Any impairment recognized in accordance with ASC 360-10-40 is permanent and may not be restored. Based upon our most recent analysis, we believe no impairment of long-lived assets existed as of March&#xA0;31, 2015.</p> </div> The August 2014 amendment extended the maturity date of the Credit Facility to August 2017, subject to additional extension for two one-year periods, with lender approval. Q2 The interest rate for amounts outstanding under the Amended Credit Facility is 345 basis points above the one-month London Inter-Bank Offering Rate ("LIBOR"). 2017-08-31 <div> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"> The carrying amounts of our financial instruments reported on the balance sheet as of March&#xA0;31, 2015 approximated fair value due either to length to maturity or existence of variable interest rates, which approximate prevailing market rates.</p> </div> <div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt; TEXT-INDENT: 4%"> We account for our stock-based compensation plans following the provisions of FASB Accounting Standards Codification 718, &#x201C;Compensation&#xA0;&#x2014; Stock Compensation&#x201D; (&#x201C;ASC 718&#x201D;). In accordance with ASC 718, we use the Black-Scholes valuation model for valuing all stock-based compensation and shares purchased under our Employee Stock Purchase Plan. We measure compensation for restricted stock awards and restricted stock units at fair value on the grant date based on the number of shares expected to vest and the quoted market price of our common stock. For restricted stock units with market conditions, we utilize a Monte Carlo simulation embedded in a lattice model to determine the fair value. We recognize compensation cost for all awards in operations, net of estimated forfeitures, on a straight-line basis over the requisite service period for each separately vesting portion of the award.</p> </div> 24409969 444000 79655000 330269000 -1113000 32879000 604000 -78000 297000 2723000 3003000 36000 0 0 4170000 604000 2297000 10499000 1627000 3853000 6178000 2399000 76652000 250614000 14856000 926000 0 43883000 40863000 37000 -4133000 6020000 4105000 3020000 1627000 7200000 0 <div> <table style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; BORDER-COLLAPSE: collapse; TEXT-TRANSFORM: none; WORD-SPACING: 0px; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr> <td valign="top" width="4%" align="left"><b>4.</b></td> <td valign="top" align="left"><b>REVENUE RECOGNITION:</b></td> </tr> </table> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 6pt; LETTER-SPACING: normal; TEXT-INDENT: 4%; -webkit-text-stroke-width: 0px"> We recognize revenue from boat, motor, and trailer sales, and parts and service operations at the time the boat, motor, trailer, or part is delivered to or accepted by the customer or the service is completed. We recognize deferred revenue from service operations and slip and storage services on a straight-line basis over the term of the contract or when service is completed. We recognize commissions earned from a brokerage sale at the time the related brokerage transaction closes. We recognize commissions earned by us for placing notes with financial institutions in connection with customer boat financing when we recognize the related boat sales. We recognize marketing fees earned on credit, life, accident, disability, gap, and hull insurance products sold by third-party insurance companies at the later of customer acceptance of the insurance product as evidenced by contract execution or when the related boat sale is recognized. Pursuant to negotiated agreements with financial and insurance institutions, we are charged back for a portion of these fees should the customer terminate or default on the related finance or insurance contract before it is outstanding for a stipulated minimum period of time. We base the chargeback allowance, which was not material to the unaudited condensed consolidated financial statements taken as a whole as of March&#xA0;31, 2015, on our experience with repayments or defaults on the related finance or insurance contracts.</p> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 12pt; LETTER-SPACING: normal; TEXT-INDENT: 4%; -webkit-text-stroke-width: 0px"> We also recognize commissions earned on extended warranty service contracts sold on behalf of third-party insurance companies at the later of customer acceptance of the service contract terms as evidenced by contract execution or recognition of the related boat sale. We are charged back for a portion of these commissions should the customer terminate or default on the service contract prior to its scheduled maturity. We determine the chargeback allowance, which was not material to the unaudited condensed consolidated financial statements taken as a whole as of March&#xA0;31, 2015, based upon our experience with terminations or defaults on the service contracts.</p> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 18pt 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 0pt; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px"> &#xA0;</p> <br class="Apple-interchange-newline" /> </div> P1080D <div> <table style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; BORDER-COLLAPSE: collapse; TEXT-TRANSFORM: none; WORD-SPACING: 0px; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr> <td valign="top" width="4%" align="left"><b>11.</b></td> <td valign="top" align="left"><b>EMPLOYEE STOCK PURCHASE PLAN:</b></td> </tr> </table> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 6pt; LETTER-SPACING: normal; TEXT-INDENT: 4%; -webkit-text-stroke-width: 0px"> During February 2012, our stockholders approved a proposal to amend our 2008 Employee Stock Purchase Plan (&#x201C;Stock Purchase Plan&#x201D;) to increase the number of shares available under that plan by 500,000 shares. The Stock Purchase Plan as amended provides for up to 1,000,000 shares of common stock to be available for purchase by our regular employees who have completed at least one year of continuous service. In addition, there were 52,837 shares of common stock available under our 1998 Employee Stock Purchase Plan, which have been made available for issuance under our Stock Purchase Plan. The Stock Purchase Plan provides for implementation of up to 10 annual offerings beginning on the first day of October starting in 2008, with each offering terminating on September&#xA0;30 of the following year. Each annual offering may be divided into two six-month offerings. For each offering, the purchase price per share will be the lower of: (i)&#xA0;85% of the closing price of the common stock on the first day of the offering or (ii)&#xA0;85% of the closing price of the common stock on the last day of the offering. The purchase price is paid through periodic payroll deductions not to exceed 10% of the participant&#x2019;s earnings during each offering period. However, no participant may purchase more than $25,000 worth of common stock annually.</p> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 12pt; LETTER-SPACING: normal; TEXT-INDENT: 4%; -webkit-text-stroke-width: 0px"> We used the Black-Scholes model to estimate the fair value of options granted to purchase shares issued pursuant to the Stock Purchase Plan. The expected term of options granted is derived from the output of the option pricing model and represents the period of time that options granted are expected to be outstanding. Volatility is based on the historical volatility of our common stock. The risk-free rate for periods within the contractual term of the options is based on the U.S.&#xA0;Treasury yield curve in effect at the time of grant.</p> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 12pt; LETTER-SPACING: normal; TEXT-INDENT: 4%; -webkit-text-stroke-width: 0px"> The following are the weighted average assumptions used for each respective period:</p> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 12pt 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 0pt; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px"> &#xA0;</p> <table style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; BORDER-COLLAPSE: collapse; TEXT-TRANSFORM: none; WORD-SPACING: 0px; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" cellspacing="0" cellpadding="0" width="92%" align="center" border="0"> <tr> <td width="56%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> </tr> <tr style="FONT-SIZE: 8pt; FONT-FAMILY: 'Times New Roman'"> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1pt solid" valign="bottom" colspan="6" align="center"> <b>Three&#xA0;Months&#xA0;Ended</b><br /> <b>March&#xA0;31,</b></td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;</td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1pt solid" valign="bottom" colspan="6" align="center"><b>Six Months Ended</b><br /> <b>March&#xA0;31,</b></td> <td valign="bottom">&#xA0;</td> </tr> <tr style="FONT-SIZE: 8pt; FONT-FAMILY: 'Times New Roman'"> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1pt solid" valign="bottom" colspan="2" align="center"><b>2014</b></td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;</td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1pt solid" valign="bottom" colspan="2" align="center"><b>2015</b></td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;</td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1pt solid" valign="bottom" colspan="2" align="center"><b>2014</b></td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;</td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1pt solid" valign="bottom" colspan="2" align="center"><b>2015</b></td> <td valign="bottom">&#xA0;</td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'" bgcolor="#CCEEFF"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; MARGIN-LEFT: 1em; TEXT-INDENT: -1em"> Dividend yield</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">0.0</td> <td valign="bottom" nowrap="nowrap">%&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">0.0</td> <td valign="bottom" nowrap="nowrap">%&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">0.0</td> <td valign="bottom" nowrap="nowrap">%&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">0.0</td> <td valign="bottom" nowrap="nowrap">%&#xA0;</td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; MARGIN-LEFT: 1em; TEXT-INDENT: -1em"> Risk-free interest rate</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">0.1</td> <td valign="bottom" nowrap="nowrap">%&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">0.1</td> <td valign="bottom" nowrap="nowrap">%&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">0.1</td> <td valign="bottom" nowrap="nowrap">%&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">0.1</td> <td valign="bottom" nowrap="nowrap">%&#xA0;</td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'" bgcolor="#CCEEFF"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; MARGIN-LEFT: 1em; TEXT-INDENT: -1em"> Volatility</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">41.3</td> <td valign="bottom" nowrap="nowrap">%&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">30.0</td> <td valign="bottom" nowrap="nowrap">%&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">41.3</td> <td valign="bottom" nowrap="nowrap">%&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">30.0</td> <td valign="bottom" nowrap="nowrap">%&#xA0;</td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; MARGIN-LEFT: 1em; TEXT-INDENT: -1em"> Expected life</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">six&#xA0;months</td> <td valign="bottom" nowrap="nowrap">&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">six&#xA0;months</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">six&#xA0;months</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">six&#xA0;months</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> </tr> </table> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 12pt; LETTER-SPACING: normal; TEXT-INDENT: 4%; -webkit-text-stroke-width: 0px"> As of March&#xA0;31, 2015, we had issued 647,115 shares of common stock under our Stock Purchase Plan.</p> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 18pt 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 0pt; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px"> &#xA0;</p> <br class="Apple-interchange-newline" /> </div> 5 22000000 <div> <table style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; BORDER-COLLAPSE: collapse; TEXT-TRANSFORM: none; WORD-SPACING: 0px; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr> <td valign="top" width="4%" align="left"><b>10.</b></td> <td valign="top" align="left"><b>THE INCENTIVE STOCK PLANS:</b></td> </tr> </table> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 6pt; LETTER-SPACING: normal; TEXT-INDENT: 4%; -webkit-text-stroke-width: 0px"> During February 2013, our stockholders approved a proposal to amend the 2011 Stock-Based Compensation Plan (&#x201C;2011 Plan&#x201D;) to increase the 1,200,456 share threshold by 1,000,000 shares to 2,200,456 shares. During January 2011, our stockholders approved a proposal to authorize our 2011 Plan, which replaced our 2007 Incentive Compensation Plan (&#x201C;2007 Plan&#x201D;). Our 2011 Plan provides for the grant of stock options, stock appreciation rights, restricted stock, stock units, bonus stock, dividend equivalents, other stock related awards, and performance awards (collectively &#x201C;awards&#x201D;), that may be settled in cash, stock, or other property. Our 2011 Plan is designed to attract, motivate, retain, and reward our executives, employees, officers, directors, and independent contractors by providing such persons with annual and long-term performance incentives to expend their maximum efforts in the creation of stockholder value. Subsequent to the February 2013 amendment described above, the total number of shares of our common stock that may be subject to awards under the 2011 Plan is equal to 2,000,000&#xA0;shares, plus: (i)&#xA0;any shares available for issuance and not subject to an award under the 2007 Plan, which was 200,456 shares at the time of approval of the 2011 Plan; (ii)&#xA0;the number of shares with respect to which awards granted under the 2011 Plan and the 2007 Plan terminate without the issuance of the shares or where the shares are forfeited or repurchased; (iii)&#xA0;with respect to awards granted under the 2011 Plan and the 2007 Plan, the number of shares that are not issued as a result of the award being settled for cash or otherwise not issued in connection with the exercise or payment of the award; and (iv)&#xA0;the number of shares that are surrendered or withheld in payment of the exercise price of any award or any tax withholding requirements in connection with any award granted under the 2011 Plan or the 2007 Plan. The 2011 Plan terminates in January 2021, and awards may be granted at any time during the life of the 2011 Plan. The date on which awards vest are determined by the Board of Directors or the Plan Administrator. The Board of Directors has appointed the Compensation Committee as the Plan Administrator. The exercise prices of options are determined by the Board of Directors or the Plan Administrator and are at least equal to the fair market value of shares of common stock on the date of grant. The term of options under the 2011 Plan may not exceed ten years. The options granted have varying vesting periods. To date, we have not settled or been under any obligation to settle any awards in cash.</p> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 12pt; LETTER-SPACING: normal; TEXT-INDENT: 4%; -webkit-text-stroke-width: 0px"> The following table summarizes option activity from September&#xA0;30, 2014 through March&#xA0;31, 2015:</p> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 12pt 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 0pt; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px"> &#xA0;</p> <table style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; BORDER-COLLAPSE: collapse; TEXT-TRANSFORM: none; WORD-SPACING: 0px; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" cellspacing="0" cellpadding="0" width="100%" align="center" border="0"> <tr> <td width="60%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> </tr> <tr style="FONT-SIZE: 8pt; FONT-FAMILY: 'Times New Roman'"> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1pt solid" valign="bottom" colspan="2" align="center"><b>Shares<br /> Available<br /> for Grant</b></td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;</td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1pt solid" valign="bottom" colspan="2" align="center"><b>Options<br /> Outstanding</b></td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;</td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1pt solid" valign="bottom" colspan="2" align="center"><b>Aggregate<br /> Intrinsic&#xA0;Value<br /> (in thousands)</b></td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1pt solid" valign="bottom" colspan="2" align="center"><b>Weighted<br /> Average<br /> Exercise<br /> Price</b></td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1pt solid" valign="bottom" colspan="2" align="center"><b>Weighted<br /> Average<br /> Remaining<br /> Contractual<br /> Life</b></td> <td valign="bottom">&#xA0;</td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'" bgcolor="#CCEEFF"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; MARGIN-LEFT: 1em; TEXT-INDENT: -1em"> Balance as of September&#xA0;30, 2014</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">1,350,709</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">2,226,319</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">15,980</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">11.70</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">6.6</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; MARGIN-LEFT: 3em; TEXT-INDENT: -1em"> Options authorized</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;</td> <td valign="bottom" nowrap="nowrap" align="right"> &#x2014;&#xA0;&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;</td> <td valign="bottom" nowrap="nowrap" align="right"> &#x2014;&#xA0;&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;</td> <td valign="bottom" nowrap="nowrap" align="right"> &#x2014;&#xA0;&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'" bgcolor="#CCEEFF"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; MARGIN-LEFT: 3em; TEXT-INDENT: -1em"> Options granted</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">(290,000</td> <td valign="bottom" nowrap="nowrap">)&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">290,000</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">15.91</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; MARGIN-LEFT: 3em; TEXT-INDENT: -1em"> Options cancelled/forfeited/expired</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">67,780</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">(67,780</td> <td valign="bottom" nowrap="nowrap">)&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">25.46</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'" bgcolor="#CCEEFF"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; MARGIN-LEFT: 3em; TEXT-INDENT: -1em"> Restricted stock awards issued</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">(111,000</td> <td valign="bottom" nowrap="nowrap">)&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;</td> <td valign="bottom" nowrap="nowrap" align="right"> &#x2014;&#xA0;&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;</td> <td valign="bottom" nowrap="nowrap" align="right"> &#x2014;&#xA0;&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; MARGIN-LEFT: 3em; TEXT-INDENT: -1em"> Options exercised</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;</td> <td valign="bottom" nowrap="nowrap" align="right"> &#x2014;&#xA0;&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">(409,755</td> <td valign="bottom" nowrap="nowrap">)&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">6.64</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'" bgcolor="#CCEEFF"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; MARGIN-LEFT: 1em; TEXT-INDENT: -1em"> Balance as of March&#xA0;31, 2015</p> </td> <td valign="bottom"></td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">1,017,489</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom"></td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">2,038,784</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom"></td> <td valign="bottom">$</td> <td valign="bottom" align="right">29,381</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom"></td> <td valign="bottom">$</td> <td valign="bottom" align="right">12.85</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom"></td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">6.8</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 3px double">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 3px double">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 3px double">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 3px double">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 3px double">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 3px double">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; MARGIN-LEFT: 1em; TEXT-INDENT: -1em"> Exercisable as of March&#xA0;31, 2015</p> </td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">1,165,418</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom"></td> <td valign="bottom">$</td> <td valign="bottom" align="right">18,837</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom"></td> <td valign="bottom">$</td> <td valign="bottom" align="right">11.30</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom"></td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">5.4</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom">&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 3px double">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 3px double">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 3px double">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 3px double">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> </table> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 12pt; LETTER-SPACING: normal; TEXT-INDENT: 4%; -webkit-text-stroke-width: 0px"> The weighted average grant date fair value of options granted during the six months ended March&#xA0;31, 2014 and 2015 was $6.23 and $5.79, respectively. The total intrinsic value of options exercised during the six months ended March&#xA0;31, 2014 and 2015 was $3.1 million and $7.2 million, respectively.</p> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 12pt; LETTER-SPACING: normal; TEXT-INDENT: 4%; -webkit-text-stroke-width: 0px"> As of March&#xA0;31, 2014 and 2015, there was approximately $2.8 million and $2.9 million, respectively, of unrecognized compensation costs related to non-vested options that are expected to be recognized over a weighted average period of 2.4 years and 2.0 years, respectively. The total fair value of options vested during the six months ended March&#xA0;31, 2014 and 2015 was approximately $1.3 million and $444,000, respectively.</p> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 12pt; LETTER-SPACING: normal; TEXT-INDENT: 4%; -webkit-text-stroke-width: 0px"> We used the Black-Scholes model to estimate the fair value of options granted. The expected term of options granted is derived from the output of the option pricing model and represents the period of time that options granted are expected to be outstanding. Volatility is based on the historical volatility of our common stock. The risk-free rate for periods within the contractual term of the options is based on the U.S. Treasury yield curve in effect at the time of grant.</p> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 12pt; LETTER-SPACING: normal; TEXT-INDENT: 4%; -webkit-text-stroke-width: 0px"> The following are the weighted average assumptions used for each respective period:</p> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 12pt 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 0pt; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px"> &#xA0;</p> <table style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; BORDER-COLLAPSE: collapse; TEXT-TRANSFORM: none; WORD-SPACING: 0px; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" cellspacing="0" cellpadding="0" width="92%" align="center" border="0"> <tr> <td width="67%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> </tr> <tr style="FONT-SIZE: 8pt; FONT-FAMILY: 'Times New Roman'"> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1pt solid" valign="bottom" colspan="6" align="center"> <b>Three&#xA0;Months&#xA0;Ended</b><br /> <b>March&#xA0;31,</b></td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1pt solid" valign="bottom" colspan="6" align="center"><b>Six&#xA0;Months&#xA0;Ended</b><br /> <b>March&#xA0;31,</b></td> <td valign="bottom">&#xA0;</td> </tr> <tr style="FONT-SIZE: 8pt; FONT-FAMILY: 'Times New Roman'"> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1pt solid" valign="bottom" colspan="2" align="center"><b>2014</b></td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;</td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1pt solid" valign="bottom" colspan="2" align="center"><b>2015</b></td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1pt solid" valign="bottom" colspan="2" align="center"><b>2014</b></td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;</td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1pt solid" valign="bottom" colspan="2" align="center"><b>2015</b></td> <td valign="bottom">&#xA0;</td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'" bgcolor="#CCEEFF"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; MARGIN-LEFT: 1em; TEXT-INDENT: -1em"> Dividend yield</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">0.0</td> <td valign="bottom" nowrap="nowrap">%&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;</td> <td valign="bottom" nowrap="nowrap" align="right"> &#x2014;&#xA0;&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">0.0</td> <td valign="bottom" nowrap="nowrap">%&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">0.0</td> <td valign="bottom" nowrap="nowrap">%&#xA0;</td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; MARGIN-LEFT: 1em; TEXT-INDENT: -1em"> Risk-free interest rate</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">0.7</td> <td valign="bottom" nowrap="nowrap">%&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;</td> <td valign="bottom" nowrap="nowrap" align="right"> &#x2014;&#xA0;&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">0.7</td> <td valign="bottom" nowrap="nowrap">%&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">0.8</td> <td valign="bottom" nowrap="nowrap">%&#xA0;</td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'" bgcolor="#CCEEFF"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; MARGIN-LEFT: 1em; TEXT-INDENT: -1em"> Volatility</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">55.7</td> <td valign="bottom" nowrap="nowrap">%&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;</td> <td valign="bottom" nowrap="nowrap" align="right"> &#x2014;&#xA0;&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">55.7</td> <td valign="bottom" nowrap="nowrap">%&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">47.4</td> <td valign="bottom" nowrap="nowrap">%&#xA0;</td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; MARGIN-LEFT: 1em; TEXT-INDENT: -1em"> Expected life</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">3.2&#xA0;years</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;</td> <td valign="bottom" nowrap="nowrap" align="right"> &#x2014;&#xA0;&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">3.2&#xA0;years</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">3.0&#xA0;years</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> </tr> </table> <p style="MARGIN-BOTTOM: 0px; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 1px 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 6px; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px"> &#xA0;</p> <br class="Apple-interchange-newline" /> </div> 2 2 <div> <table style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; BORDER-COLLAPSE: collapse; TEXT-TRANSFORM: none; WORD-SPACING: 0px; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr> <td valign="top" width="4%" align="left"><b>12.</b></td> <td valign="top" align="left"><b>RESTRICTED STOCK AWARDS:</b></td> </tr> </table> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 6pt; LETTER-SPACING: normal; TEXT-INDENT: 4%; -webkit-text-stroke-width: 0px"> We have granted non-vested (restricted) stock awards (&#x201C;restricted stock&#x201D;) and restricted stock units (&#x201C;RSUs&#x201D;) to certain key employees pursuant to the 2011 Plan and the 2007 Plan. The restricted stock awards have varying vesting periods, but generally become fully vested between two and four years after the grant date, depending on the specific award. We accounted for the restricted stock awards granted using the measurement and recognition provisions of ASC 718. Accordingly, the fair value of the restricted stock awards is measured on the grant date and recognized in earnings over the requisite service period for each separately vesting portion of the award.</p> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 12pt; LETTER-SPACING: normal; TEXT-INDENT: 4%; -webkit-text-stroke-width: 0px"> The following table summarizes restricted stock award activity from September&#xA0;30, 2014 through March&#xA0;31, 2015:</p> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 12pt 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 0pt; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px"> &#xA0;</p> <table style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; BORDER-COLLAPSE: collapse; TEXT-TRANSFORM: none; WORD-SPACING: 0px; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" cellspacing="0" cellpadding="0" width="76%" align="center" border="0"> <tr> <td width="74%"></td> <td valign="bottom" width="7%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="7%"></td> <td></td> <td></td> <td></td> </tr> <tr style="FONT-SIZE: 8pt; FONT-FAMILY: 'Times New Roman'"> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1pt solid" valign="bottom" colspan="2" align="center"><b>Shares</b></td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1pt solid" valign="bottom" colspan="2" align="center"><b>Weighted<br /> Average&#xA0;Grant<br /> Date&#xA0;Fair&#xA0;Value</b></td> <td valign="bottom">&#xA0;</td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'" bgcolor="#CCEEFF"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; MARGIN-LEFT: 1em; TEXT-INDENT: -1em"> Non-vested balance as of September&#xA0;30, 2014</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">3,340</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">6.10</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; MARGIN-LEFT: 1em; TEXT-INDENT: -1em"> Changes during the period</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'" bgcolor="#CCEEFF"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; MARGIN-LEFT: 3em; TEXT-INDENT: -1em"> Awards granted</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">111,000</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">19.23</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; MARGIN-LEFT: 3em; TEXT-INDENT: -1em"> Awards vested</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">(3,340</td> <td valign="bottom" nowrap="nowrap">)&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">6.10</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'" bgcolor="#CCEEFF"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; MARGIN-LEFT: 1em; TEXT-INDENT: -1em"> Non-vested balance as of March&#xA0;31, 2015</p> </td> <td valign="bottom"></td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">111,000</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom"></td> <td valign="bottom">$</td> <td valign="bottom" align="right">19.23</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 3px double">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 3px double">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> </table> <p style="MARGIN-BOTTOM: 0px; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 1px 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 12px; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px"> &#xA0;</p> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 0pt; LETTER-SPACING: normal; TEXT-INDENT: 4%; -webkit-text-stroke-width: 0px"> As of March&#xA0;31, 2015, we had approximately $2.1 million of total unrecognized compensation cost related to non-vested restricted stock awards assuming applicable performance conditions are met. We expect to recognize that cost over a weighted average period of 2.6 years.</p> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 18pt 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 0pt; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px"> &#xA0;</p> <br class="Apple-interchange-newline" /> </div> P361D <div> <table style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; BORDER-COLLAPSE: collapse; TEXT-TRANSFORM: none; WORD-SPACING: 0px; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr> <td valign="top" width="4%" align="left"><b>6.</b></td> <td valign="top" align="left"><b>IMPAIRMENT OF LONG-LIVED ASSETS:</b></td> </tr> </table> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 6pt; LETTER-SPACING: normal; TEXT-INDENT: 4%; -webkit-text-stroke-width: 0px"> FASB Accounting Standards Codification 360-10-40, &#x201C;Property, Plant, and Equipment - Impairment or Disposal of Long-Lived Assets&#x201D; (&#x201C;ASC 360-10-40&#x201D;), requires that long-lived assets, such as property and equipment and purchased intangibles subject to amortization, be reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Recoverability of the asset is measured by comparison of its carrying amount to undiscounted future net cash flows the asset is expected to generate. If such assets are considered to be impaired, the impairment to be recognized is measured as the amount by which the carrying amount of the asset exceeds its fair market value. Estimates of expected future cash flows represent our best estimate based on currently available information and reasonable and supportable assumptions. Any impairment recognized in accordance with ASC 360-10-40 is permanent and may not be restored. Based upon our most recent analysis, we believe no impairment of long-lived assets existed as of March&#xA0;31, 2015.</p> <p style="MARGIN-BOTTOM: 0px; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 1px 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 6px; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px"> &#xA0;</p> <table style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; BORDER-COLLAPSE: collapse; TEXT-TRANSFORM: none; WORD-SPACING: 0px; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr> <td></td> </tr> </table> </div> <div> <table style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; BORDER-COLLAPSE: collapse; TEXT-TRANSFORM: none; WORD-SPACING: 0px; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr> <td valign="top" width="4%" align="left"><b>9.</b></td> <td valign="top" align="left"><b>STOCK-BASED COMPENSATION:</b></td> </tr> </table> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 6pt; LETTER-SPACING: normal; TEXT-INDENT: 4%; -webkit-text-stroke-width: 0px"> We account for our stock-based compensation plans following the provisions of FASB Accounting Standards Codification 718, &#x201C;Compensation&#xA0;&#x2014; Stock Compensation&#x201D; (&#x201C;ASC 718&#x201D;). In accordance with ASC 718, we use the Black-Scholes valuation model for valuing all stock-based compensation and shares purchased under our Employee Stock Purchase Plan. We measure compensation for restricted stock awards and restricted stock units at fair value on the grant date based on the number of shares expected to vest and the quoted market price of our common stock. For restricted stock units with market conditions, we utilize a Monte Carlo simulation embedded in a lattice model to determine the fair value. We recognize compensation cost for all awards in operations, net of estimated forfeitures, on a straight-line basis over the requisite service period for each separately vesting portion of the award.</p> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 12pt; LETTER-SPACING: normal; TEXT-INDENT: 4%; -webkit-text-stroke-width: 0px"> During the six months ended March&#xA0;31, 2014 and 2015, we recognized stock-based compensation expense of approximately $1.7 million and $1.6 million, respectively, in selling, general, and administrative expenses in the unaudited condensed consolidated statements of operations. There were no tax benefits realized for tax deductions from option exercises for the six months ended March&#xA0;31, 2014 and 2015.</p> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 12pt; LETTER-SPACING: normal; TEXT-INDENT: 4%; -webkit-text-stroke-width: 0px"> Cash received from option exercises under all share-based compensation arrangements for the six months ended March&#xA0;31, 2014 and 2015, was approximately $3.1 million and $3.0 million, respectively. We currently expect to satisfy share-based awards with registered shares available to be issued.</p> </div> 25000 24 P6M 1472001 P4Y P2Y 1.20 P2Y7M6D 6.64 0.000 P6M 290000 290000 111000 0.001 25.46 P6Y9M18D P5Y4M24D 67780 15.91 0.300 409755 67780 0 1600000 0.036 0 604000 3340 22973 28875 409755 0 0 297000 2723000 0 1627000 1000000 P2Y 0.000 P3Y 0.008 0.474 2021-01 P10Y 1000000 500000 0.51 P6Y7M6D 0.43 0.40 0.52 0.26 0.14 0.10 0.49 -0.08 23845302 -0.08 23845302 34786000 136615000 -1979000 -901000 -1979000 1078000 35687000 101829000 0 0 0.000 P6M 0.001 0.413 0.000 P3Y2M12D 0.007 0.557 0.02 721585 25265857 0.02 24544272 42200000 172143000 390000 1643000 390000 1253000 40557000 129943000 0 1361973 0.000 P6M 0.001 0.300 0001057060 us-gaap:EmployeeStockOptionMember 2015-01-01 2015-03-31 0001057060 us-gaap:RestrictedStockMember 2015-01-01 2015-03-31 0001057060 2015-01-01 2015-03-31 0001057060 hzo:IncentiveStockPlansMember 2014-01-01 2014-03-31 0001057060 us-gaap:EmployeeStockOptionMember 2014-01-01 2014-03-31 0001057060 us-gaap:RestrictedStockMember 2014-01-01 2014-03-31 0001057060 2014-01-01 2014-03-31 0001057060 us-gaap:SalesRevenueNetMemberus-gaap:GeographicConcentrationRiskMemberstpr:FL 2011-10-01 2012-09-30 0001057060 hzo:BrunswickCorporationMemberus-gaap:SalesRevenueNetMemberhzo:BrunswickBostonWhalerBoatsMember 2013-10-01 2014-09-30 0001057060 us-gaap:SalesRevenueNetMemberhzo:AzimutYachtsMember 2013-10-01 2014-09-30 0001057060 hzo:BrunswickCorporationMemberus-gaap:SalesRevenueNetMemberhzo:BrunswickSeaRayBoatMember 2013-10-01 2014-09-30 0001057060 us-gaap:SalesRevenueNetMemberus-gaap:GeographicConcentrationRiskMemberstpr:FL 2013-10-01 2014-09-30 0001057060 hzo:BrunswickCorporationMemberus-gaap:SalesRevenueNetMemberus-gaap:ProductConcentrationRiskMember 2013-10-01 2014-09-30 0001057060 hzo:BrunswickCorporationMemberus-gaap:SalesRevenueNetMemberus-gaap:SupplierConcentrationRiskMember 2013-10-01 2014-09-30 0001057060 us-gaap:EmployeeStockOptionMember 2013-10-01 2014-09-30 0001057060 us-gaap:SalesRevenueNetMemberus-gaap:GeographicConcentrationRiskMemberstpr:FL 2012-10-01 2013-09-30 0001057060 hzo:StockPurchasePlanMember 2012-02-01 2012-02-29 0001057060 hzo:IncentiveStockPlanTwoThousandElevenMember 2013-02-01 2013-02-28 0001057060 hzo:IncentiveStockPlanTwoThousandElevenMember 2014-10-01 2015-03-31 0001057060 hzo:IncentiveStockPlansMember 2014-10-01 2015-03-31 0001057060 hzo:StockPurchasePlanMember 2014-10-01 2015-03-31 0001057060 us-gaap:AdditionalPaidInCapitalMember 2014-10-01 2015-03-31 0001057060 us-gaap:TreasuryStockMember 2014-10-01 2015-03-31 0001057060 us-gaap:CommonStockMember 2014-10-01 2015-03-31 0001057060 us-gaap:RetainedEarningsMember 2014-10-01 2015-03-31 0001057060 us-gaap:SecuredDebtMember 2014-10-01 2015-03-31 0001057060 us-gaap:SellingGeneralAndAdministrativeExpensesMember 2014-10-01 2015-03-31 0001057060 us-gaap:EmployeeStockOptionMember 2014-10-01 2015-03-31 0001057060 us-gaap:RestrictedStockMember 2014-10-01 2015-03-31 0001057060 us-gaap:MinimumMember 2014-10-01 2015-03-31 0001057060 us-gaap:MaximumMember 2014-10-01 2015-03-31 0001057060 us-gaap:RestrictedStockMember 2014-10-01 2015-03-31 0001057060 2014-10-01 2015-03-31 0001057060 hzo:IncentiveStockPlansMember 2013-10-01 2014-03-31 0001057060 us-gaap:SecuredDebtMember 2013-10-01 2014-03-31 0001057060 us-gaap:SellingGeneralAndAdministrativeExpensesMember 2013-10-01 2014-03-31 0001057060 us-gaap:EmployeeStockOptionMember 2013-10-01 2014-03-31 0001057060 us-gaap:RestrictedStockMember 2013-10-01 2014-03-31 0001057060 2013-10-01 2014-03-31 0001057060 us-gaap:AdditionalPaidInCapitalMember 2014-09-30 0001057060 us-gaap:TreasuryStockMember 2014-09-30 0001057060 us-gaap:CommonStockMember 2014-09-30 0001057060 us-gaap:RetainedEarningsMember 2014-09-30 0001057060 us-gaap:EmployeeStockOptionMember 2014-09-30 0001057060 2014-09-30 0001057060 2013-09-30 0001057060 hzo:IncentiveStockPlanTwoThousandSevenMember 2015-03-31 0001057060 hzo:IncentiveStockPlanTwoThousandElevenMember 2015-03-31 0001057060 hzo:StockPurchasePlanMember 2015-03-31 0001057060 us-gaap:AdditionalPaidInCapitalMember 2015-03-31 0001057060 us-gaap:TreasuryStockMember 2015-03-31 0001057060 us-gaap:CommonStockMember 2015-03-31 0001057060 us-gaap:RetainedEarningsMember 2015-03-31 0001057060 us-gaap:SecuredDebtMember 2015-03-31 0001057060 us-gaap:EmployeeStockOptionMember 2015-03-31 0001057060 us-gaap:MaximumMember 2015-03-31 0001057060 2015-03-31 0001057060 2014-03-31 0001057060 us-gaap:SecuredDebtMember 2013-06-30 0001057060 hzo:IncentiveStockPlanTwoThousandElevenMemberus-gaap:MinimumMember 2013-02-28 0001057060 hzo:IncentiveStockPlanTwoThousandElevenMemberus-gaap:MaximumMember 2013-02-28 0001057060 2015-04-30 0001057060 us-gaap:SecuredDebtMember 2014-08-31 iso4217:USD shares iso4217:USD shares hzo:Store hzo:Location pure hzo:Dealer hzo:Operations EX-101.SCH 7 hzo-20150331.xsd XBRL TAXONOMY EXTENSION SCHEMA 101 - Document - Document and Entity Information link:calculationLink link:presentationLink link:definitionLink 103 - Statement - Condensed Consolidated Statements of Operations link:calculationLink link:presentationLink link:definitionLink 104 - Statement - Condensed Consolidated Balance Sheets link:calculationLink link:presentationLink link:definitionLink 105 - Statement - Condensed Consolidated Balance Sheets (Parenthetical) link:calculationLink link:presentationLink link:definitionLink 106 - Statement - Condensed Consolidated Statement of Stockholders' Equity link:calculationLink link:presentationLink link:definitionLink 107 - Statement - Condensed Consolidated Statements of Cash Flows link:calculationLink link:presentationLink link:definitionLink 108 - Disclosure - Company Background link:calculationLink link:presentationLink link:definitionLink 109 - Disclosure - Basis of Presentation link:calculationLink link:presentationLink link:definitionLink 110 - Disclosure - New Accounting Pronouncements link:calculationLink link:presentationLink link:definitionLink 111 - Disclosure - Revenue Recognition link:calculationLink link:presentationLink link:definitionLink 112 - Disclosure - Inventories link:calculationLink link:presentationLink link:definitionLink 113 - Disclosure - Impairment of Long-Lived Assets link:calculationLink link:presentationLink link:definitionLink 114 - Disclosure - Income Taxes link:calculationLink link:presentationLink link:definitionLink 115 - Disclosure - Short-Term Borrowings link:calculationLink link:presentationLink link:definitionLink 116 - Disclosure - Stock-Based Compensation link:calculationLink link:presentationLink link:definitionLink 117 - Disclosure - The Incentive Stock Plans link:calculationLink link:presentationLink link:definitionLink 118 - Disclosure - Employee Stock Purchase Plan link:calculationLink link:presentationLink link:definitionLink 119 - Disclosure - Restricted Stock Awards link:calculationLink link:presentationLink link:definitionLink 120 - Disclosure - Net Income (Loss) Per Share link:calculationLink link:presentationLink link:definitionLink 121 - Disclosure - Commitments and Contingencies link:calculationLink link:presentationLink link:definitionLink 122 - Disclosure - Basis of Presentation (Policies) link:calculationLink link:presentationLink link:definitionLink 123 - Disclosure - The Incentive Stock Plans (Tables) link:calculationLink link:presentationLink link:definitionLink 124 - Disclosure - Employee Stock Purchase Plan (Tables) link:calculationLink link:presentationLink link:definitionLink 125 - Disclosure - Restricted Stock Awards (Tables) link:calculationLink link:presentationLink link:definitionLink 126 - Disclosure - Net Income (Loss) Per Share (Tables) link:calculationLink link:presentationLink link:definitionLink 127 - Disclosure - Company Background - Additional Information (Detail) link:calculationLink link:presentationLink link:definitionLink 128 - Disclosure - Basis of Presentation - Additional Information (Detail) link:calculationLink link:presentationLink link:definitionLink 129 - Disclosure - Inventories - Additional Information (Detail) link:calculationLink link:presentationLink link:definitionLink 130 - Disclosure - Impairment of Long-Lived Assets - Additional Information (Detail) link:calculationLink link:presentationLink link:definitionLink 131 - Disclosure - Short-Term Borrowings - Additional Information (Detail) link:calculationLink link:presentationLink link:definitionLink 132 - Disclosure - Stock-Based Compensation - Additional Information (Detail) link:calculationLink link:presentationLink link:definitionLink 133 - Disclosure - The Incentive Stock Plans - Additional Information (Detail) link:calculationLink link:presentationLink link:definitionLink 134 - Disclosure - The Incentive Stock Plans - Incentive Stock Plans Option Activity (Detail) link:calculationLink link:presentationLink link:definitionLink 135 - Disclosure - The Incentive Stock Plans - Weighted Average Assumptions of Incentive Stock Plans (Detail) link:calculationLink link:presentationLink link:definitionLink 136 - Disclosure - Employee Stock Purchase Plan - Additional Information (Detail) link:calculationLink link:presentationLink link:definitionLink 137 - Disclosure - Employee Stock Purchase Plan - Weighted Average Assumptions of Employee Stock Purchase Plan (Detail) link:calculationLink link:presentationLink link:definitionLink 138 - Disclosure - Restricted Stock Awards - Additional Information (Detail) link:calculationLink link:presentationLink link:definitionLink 139 - Disclosure - Restricted Stock Awards - Restricted Stock Award Activity (Detail) link:calculationLink link:presentationLink link:definitionLink 140 - Disclosure - Net Income (Loss) Per Share - Basic and Diluted Net Income (Loss) Per Share (Detail) link:calculationLink link:presentationLink link:definitionLink 141 - Disclosure - Net Income (Loss) Per Share - Additional Information (Detail) link:calculationLink link:presentationLink link:definitionLink EX-101.CAL 8 hzo-20150331_cal.xml XBRL TAXONOMY EXTENSION CALCULATION LINKBASE EX-101.DEF 9 hzo-20150331_def.xml XBRL TAXONOMY EXTENSION DEFINITION LINKBASE EX-101.LAB 10 hzo-20150331_lab.xml XBRL TAXONOMY EXTENSION LABEL LINKBASE EX-101.PRE 11 hzo-20150331_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE XML 12 R39.htm IDEA: XBRL DOCUMENT v2.4.1.9
Net Income (Loss) Per Share - Basic and Diluted Net Income (Loss) Per Share (Detail)
3 Months Ended 6 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Mar. 31, 2015
Mar. 31, 2014
Earnings Per Share [Abstract]        
Weighted average common shares outstanding used in calculating basic income (loss) per share 24,544,272us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 23,845,302us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 24,409,969us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 23,779,913us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Effect of dilutive options and non-vested restricted stock awards 721,585us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements   695,293us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements  
Weighted average common and common equivalent shares used in calculating diluted income (loss) per share 25,265,857us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 23,845,302us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 25,105,262us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 23,779,913us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
EXCEL 13 Financial_Report.xlsx IDEA: XBRL DOCUMENT begin 644 Financial_Report.xlsx M4$L#!!0`!@`(````(0!NZ_1[_P$``.<9```3``@"6T-O;G1E;G1?5'EP97-= M+GAM;""B!`(HH``"```````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M``````````````````````````````````````#,F4%NVS`01?<%>@>!V\*B M2:9I6EC.(FV7;8"F!V"EL268(@F22>W;EY(3(PA<&T8,Y&\D2"+G/W'Q%C.S MZW5OB@<*L7.V8J*Q;JG7L72>;/ZR<*'7*3^&)?>Z7NDE<3F=7O+:V40V3=)0 M@\UG7VFA[TTJOJWSZRU)(!-9<;-=.&153'MONEJG3,H?;/,B9?*84.:=XYK8 M=CY^R!B,[TT8OOP_X''?SWPTH6NHN-4A_=!]QN!KP_^ZL/KCW*H\7&0/I5LL MNIH:5]_W^03*Z`/I)K9$J3?E>"][W=DG[@/YX^+(QYLX,\CP?V/A$SDD"(<" MX;@`X?@(PG$)PO$)A.,*A.,S"(>8HH"@&%6@*%6@.%6@2%6@6%6@:%6@>%6@ MB%6@F%6BF%6BF%6BF%6BF%6BF%6BF%6BF%6BF%6BF%6BF%6AF%6AF%6AF%6A MF%6AF%6AF%6AF%6AF%6AF%6AF/7BK_BXQ#S5.#WPQ1*!A;-)0LR>;CV.:^3\```#__P,` M4$L#!!0`!@`(````(0"U53`C]0```$P"```+``@"7W)E;',O+G)E;',@H@0" M**```@`````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M````````````````````````````C)+/3L,P#,;O2+Q#Y/OJ;D@(H:6[3$B[ M(50>P"3N'[6-HR1`]_:$`X)*8]O1]N?//UO>[N9I5!\<8B].P[HH0;$S8GO7 M:GBMGU8/H&(B9VD4QQJ.'&%7W=YL7WBDE)MBU_NHLHN+&KJ4_"-B-!U/%`OQ M['*ED3!1RF%HT9,9J&74"T\U<%J"`=[!ZH^^CSYLK$SO+=N5#9@NIS]NHFD++28,5\YS3$$X4UD^&'!Q0]47P```/__`P!02P,$ M%``&``@````A`'IDP"T8`@``_!@``!H`"`%X;"]?#TSBI.4R#FT!')-TQ^P2&M+1):$=MO&_SZ+6V0' MFA>[/RW?WKKLU^^S$T?5<86BQ-YKNRKYIN6YB?SP^7-R8+ MT765:_O.%V;O@[E?7WRY>_*MB^E'H6Z&D*5=NE"8.L;AJ[6AK/W.A44_^"Y] ML^G'G8OI<=S:P94O;NLM+YJ\*,CQ6)R9[W0SKZ\\W[S:8I M_?>^_+7S7?S/&?9//[Z$VON8-G7CUL?"3$O!'KXA621F8S_`2?70Q;E!.+Q2 MQN$5PI%;91RY13A,RCA,"$=R91S)$4[.<^*$N&^3-TRR^ON,SK^>\_A)Q4>" M:>F?L*\1S*RUF$[^&(81#&FKFJ"J.86"JN?Q$E6'M4V&H+2'3V@MLS*FE@;5@[`QAF@&C[GD#C$^U,$!@*N;;QY=#X MKI1M^`JY,&G3$,1A[6L"PVL":U\3&%X31-N2!7NRMJX(ZHJT!PJ"`X5H)Y;` MQ,IG3:S2M>6WVC7=<<:9EI#=S`IQQH`#4U.[7V"[D'9I"-:&M2<*AA,%:T\4 M#"<*T78^@9IR\F3I>1Y6A'.$YPY=D/3C>D MK7&"&B=MC1/4.&N+BJ&H9%91G1&=`GM'M&4EDZ[LN_\LUF\```#__P,`4$L# M!!0`!@`(````(0`DP3BCT0,``+0,```/````>&PO=V]R:V)O;VLN>&ULE)?; M3N,P$(;O5]IWB'*_I$F:F-);2J;FD)<;\6OE=0;:XS;E@V]1.XE#O6N:&VU7S+"WAZ&H]B/[AH MDUPJ+V-KNBW,"M([J$.]HG$43>PO;2D>.-OI]T7VTGM]Y"*3._M3*.V^O8HA M@%W]Z)%G)H?GH]&HO?>7\4UN#C=!/D#Z=07A/?71$W5ZAXH0Z!2Y%H:;/5F( MIOI<0@MMU1>06>A[ZHS#B5IDH0TX-'$J&5"*D M$GU194X+*E*L,L;!U/7^0C!O,K"TS6F,HAE_,9JWG#HR.*OD>SJPM`UG@L*I MV>AF5594[,FRS4^1B\,'2874"^N;)0V]1LI-C?\!:"<:O9'I,[2M'J@2 M'%'W>Y;@$0@=Z,!M8(Q32!YRACD$.;*$,>K$@+$-'>"NRZJ0>]:NWJHTAXAJ M&=2%),:9..S=@5,JGC9N8*.8[:C*.F%@^L(/\#,V$]N"&ZDU63)%[G.JL!\D M&+W08>]*EB4W-:^US8%'691AN^H"E6`*P75[)O?A&)$EN%U?!X,9.6`.]@88 M>X+=IO6#!(,9.6!^UB"RPCH8UR^8!FT("BO"0:XV4VQ8W[Q#C:@V`%Z>.#MZ&$=S'/L\#RLT^-GC'F&"ZAS4$\\ M?-2FM$CA:]L>ZL_5<3)IK#5^A\B[X<\R(,@8#0PG;92*U55'VN3.,2:)(YL,\S\^U[;&2`.4&!!"#X^ M?/=<8V=V_UI7S@OA@K)FCOR1AQS29"RGS6:.?O]ZNIL@1TC+CA]F.\6=1$B(=<&C$')52ME/7%5E):BQ&K"4-C!2,UUC"+=^XHN4$YWI2 M7;F!Y\5NC6F#C,.47^/!BH)FY)%EVYHTTIAP4F$)_**DK7AWJ[-K[&K,G[?M M7<;J%BS6M*+R39LBI\ZF7S<-XWA=0=VO?HBS=V]],["O:<:98(4<@9UK0(Y.@,X%K9^('-YN,.Q.X'DR"2>1'\?]17%.63ND12[R8<;9S8.D! MN&BQ6LC^%)Q5/&,(^70\D(N:\Z`FZ:F@%M#3ET6CQ',$5HFCPS[@^ M+R6VT*Q`ED82:C2KB:O38SV<^!8<);9PPGX.2R,YC7-ZK(>3W(*CQ!9.9.$8 MR=G5=':X!Z7.NZ-]X/(25V(+*K:@C,2LIM"L)KMS%R4]N/06."6VX!(+SD@, M7!"%<9)$-EQ?XGG!Q#NX].!\V"ZOCTZK+;R)A==I.C[`BR<#/DL3^'YZ%M#: MXR_W%@[C07Z#S=UH#&"2>JEGQ]>YG%28],R);"Y=(%.D\+/?5YX2T\8%JO,@H>J+`[G.01>@B6R1QYZU4;G[^4',3@ MW1$%.WSE-/M.:P+!AC2I!&P9>U;0ITQ-@;%W8OW8)N`G=S*2XWTI?['#-T)W MA81L3\`AY=TN(2"&@0..&$\64LA($P-VIJ*H,"`A^;9\'FLDB0J.I.YGY MHP#@SI8(^4@5)7+2O9"L^J=!P9%*DX1'$G@>2<+1S<:`;!7`\V@]2'0Q:LQ1[LSUS2OX M#9: M#*^YF=K$@E]F-YQ4_PJ#`_%Z^2FP[>34E+'1&*CV]PV\L##Q.B!9T[:5+9/00]O7`GZ9"!RTO@O@G#'9#=0Q MWO^$K?\#``#__P,`4$L#!!0`!@`(````(0`[^6N)Z00``/44```9````>&PO M=V]R:W-H965TH`%SL6R/!J+L MCK0CK59[><:X;:,8V@(2)W^_U1?;=-&)'5[B8$X5IT]5'=J]^/96'ZQ7VG85 M:Y8V<3S;HDW)-E6S6]K__/WTD-A6UQ?-ICBPAB[M=]K9WU:__K(XL?:YVU/: M6Y"AZ9;VON^/<]?MRCVMB\YA1]K`G2UKZZ*'RW;G=L>6%AL15!]BIV[PO]7MV>FWMMK\4344U(8Z M\0JL&7OFT!\;_A4$NZ/H)U&!/UMK0[?%RZ'_BYU^I]5NWT.Y9[`BOK#YYOV1 M=B4H"FDP`!."O55>\-4"1XDU\GJI-OU_:0>3,8B\@`+?6M.N?*I[2 MMLJ7KF?U?Q)$5"J9Q%=)X%,E\8.[@P$I&,#G.1CR?/YD5ZY"B/)8],5JT;*3 M!9T&/+MCP?N6S"$A5R/\4`V0@<=\YT$B%-`=E/!U%431PGT%V4N%R<88HB/R M,<)/_`O&!8(7EK`^S!)ZY(.:G5GR()VE?TTO%I(9(!<"`I&/$>$UB<81U,,< M;RO)@Z"#;.NJ9(ATRB0F%`W$Y<\'7V@,PC&#VRKQH*4-R[PRB&)=A$QB(E'I M!T*(YWDZ(I<(P5&C!*TT%,4\9.>"<3"FDN@/RB1F(,;@"^W)D?[D^QJ;!]TJ MA\0,&`R^T!C$8P:WR\&#L`8ITD!B9#E(,/-B#R%RB1B7@[_$T+3?IL2#$*48 MU3^3F%!T"+J7G^]Q5QX.=3J%#`_"9/#`2(QJ5S^%;L64)&*L#P%3^;I`(@J3 MNKJ$M!H%DJRB.$XP)P4PD#)X].VJ$6FOGP^V`GTVV0IBH,6M\0Z?V?3\*R(CG1U;--T%#^3[W:H'&=$9[`&G.4A/C(*HTANXR^/<= M32^]6"\F?IL1"5)-;QS%CRR=3/)T$86UPB\V!5*L0B^-9ZBZN8(8Q$*^?J-T M)D-';9(1"5*E\X(D3M!0Y#H$-9O>\9.LGAB\'KMFID"2)R'1+"1(V5Q!QK+Y MD]Q>1*%J)O@5I$")>"&268IYYPI@(#7)[7V#VP\VTVJW*T&JIFF`6>E]:M.9B"3*#3($4IYF3HA;,%-_A]@JJ3*9`D%3D1]C%UW\!IDMO[U3M$?.%`CF MX_IK==SX,I,.NF['-?UXWV,GN^-7.X]"3I8B?3*1&DY3-*ZX]RZ@RV96'ES) M,YICL:,_BW97-9UUH%M8L^?$,(>M/+:2%ST[BE..->OAN$G\NX?C10HG!9X# MX"UC_?F"/^5R8+GZ'P``__\#`%!+`P04``8`"````"$`T>RUX`@%``#'$P`` M&0```'AL+W=O]O['&2L<-">GTH,/EZ\O&,/9-X M]?6].#EOO*IS4:Y=?S)U'5YF8I>7A[7[_9^G+P^N4S=IN4M/HN1K]X/7[M?- MK[^L+J)ZJ8^<-PYX*.NU>VR:\]+SZNS(B[2>B#,OX5$7:P,_JX-7GBJ<[ M-:@X><%T.O.*-"]=]+"LQO@0^WV><2:RUX*7#3JI^"EM@+\^YN>Z]59D8]P5 M:?7R>OZ2B>(,+I[S4]Y\**>N4V3+;X=25.GS">;][D=IUOI6/P;NBSRK1"WV MS03<>0@ZG//"6WC@:;/:Y3`#&7:GXONU^^@O61"[WF:E`O0CYY>:?'?JH[C\ M5N6[/_*20[0A3S(#ST*\2.FWG33!8&\P^DEEX*_*V?%]^GIJ_A:7WWE^.#:0 M[AAF)">VW'TP7F<047`S08Q,G```_CM%+I<&1"1]5Y^7?-<B# MW'GF=?.42Y>ND[W6C2C^19$OH3HG@78"G]J)'WS:2:B=P*=V$L#7D021'@R? M+4$\B8)X_C!B'A[&1(68I4VZ657BXL"ZA5G7YU3N`G\)GMO88B2Z:/\LV!`@ MZ>11>EF[<]>!.-:P0MXV812OO#?(:J8UVZ'&-Q5)JY!QEVX9&N`_<3OK!GDP MA6X>D!SQ#8P8C"0(/DV4@A;]78@Y:"U"Q,G"7KHIJPB MMT7-0JV*>#)?F)<3>GDV"4+S,L/+:D(&+D3K\[ARD(UK\6Q1\Z!PYU#IX<]$ M2J@B]*\H&"J&T+/_`RT'6="QA;1%S4Q!!XLK2(FA>+BB8*@80L.NII&^O2"D MV(:UURAJ,,)1%`T#3`5^>(T5%4-6V?))-;O-*L4VJ[7MMZA1-\(Z8!L8,1@+ M=&&BC-OBUAJ]\%2FK*69:$G/ MRZC%Y)/U?G3Z?.P.1O&)K?*QU:+^[LG`PK0%)X'[N9^$"2A+_'A`;`@FH-4T MMCZ*H,SU)32V6F?2B=J&Q:C%1)3U?3PB=@,3<9#DMF50Q+ZQX;[P6U&/2"PF MHJSI!%%NC?NMQL=.8*+:O4:+:+I)`U&DC&I,+EFV+:[[75D^B=[=LUI$N4B/ MT%S$8G+)RDRX;E&R2>K,>$;F4^L MX90SC.UF[)-"KT%M"Z,:DTN69HMK1#ZQH,/B[3=D9+I^!K'MC`?+;I4W\IG\*DVH=1FFPAG??U4.%LM(NM_8&'4 M8L0KL-K"N%:J1MWKI5I$N;"K]!9&-287Y(3F<=RZ#^0H.U[V^M*BKJ_2O8<) MU@K*B8Z5Q>24A7CT>I-OI`,^^[%(B_J[)P,+HQ:3YTK]O[\O`RSDM_>E%E&N M0?VG&I/K2OV?W7T%DF<(@WC9CR%:!"Q]49E9CP+)59'U*"`/6N3M2);QW`1? MZ@M>'7C"3Z?:R<2K/!,)X)V@LW;G-8^!?$.T[%M_":_@8/>Z"W","]&T/^0- MNB.XS7\```#__P,`4$L#!!0`!@`(````(0"@W?2.Y`(```8(```9````>&PO M=V]R:W-H965T%RG^_>O^:HF1-J3.2"5KEN(7IO'-YO.G]5&J1UTR9A`PU#K%I3'- MRO<7-2TN*D:"KAZ*6BNPK M\/T<)H1VW.WBC%YPJJ26N?&`SG="SSU?^]<^,&W6&0<'-NU(L3S%M^%JM\3^ M9MWFYP]G1SUX1KJ4QR^*9]]XS2#94"9;@+V4CQ;ZD-DM"/;/HN_;`OQ0*&,Y M.53FISQ^9;PH#51[!H:LKU7V\$M?[N MB"&;M9)'!#T#G]0-L1T8KH"X,^9D]%;?<@H6+3WDFQ8"O%%L%JV[H-X.ZU19/OOH)( M>LA("61HJ,1F*WFS#3I%-@@*/A`0)Q/K6X=)>M6[P<9(03)6\'XN+#C%8*^W M'B<3\UN'6;9%FY1L]_J[D1YP/\W('([7^[ILT%A7&%[W&7=E@P@ZH--D8*X&1,LW2Y;VS0I;YQF(&" MP<9(@;V()N?\<@YLT#0'_T^&JY/#N/X)Y[9,TSJ-$(LQPFET<]?-)<%4P7:L MJC2B\F!G:@0]T._VX_XVLH=ELK^%:Z`=FG[_`L9P0PKVG:B"UQI5+`?*P%M` M]R@WR-W"R*:=AGMI8`"WCR7A'204``*T5```9````>&PO=V]R:W-H965T(89<.E&240/NW9%VI=5J+\\T<1+4`4=` MW_Y^RQ07NYS-9?(PZ1R.BU-%N0[CU;?/_.B\B[+*9+%VV6CL.J)(Y38K]FOW M[[^>'QY=IZJ38IL<92'6[I>HW&^;GW]:?9)#3_+O5>=2I%LFT7YT?/'XYF7)UGA8H1E>4L,N=MEJ8AE M^I:+HL8@I3@F->BO#MFIZJ+EZ2WA\J1\?3L]I#(_08B7[)C57TU0U\G3Y?=] M(>`L/(FU6VPPR4&5W2K%; MNT]LR?VIZVU638'^R<1'I?WM5`?Y\4N9;7_+"@'5AN>DGL"+E*^*^GVK(%CL M6:N?FR?P1^ELQ2YY.]9_RH]?1;8_U/"XIY"12FRY_8I%E4)%(O#C;-M?5B[P6PTG8\#!G3G153U(\4$-WD`]]]E&MY>%B3IL1Q4B>;52D_ M'.A;R+HZ)6H7L"4$[&J+E>BK_7_%A@*I($\JRMJ=NP[4L8(.>=\$C*V\=WBJ M:)-!G`8]6S^)\9W1B%5F)[6X3(@"Q>_6^ MJ3TZPYB8E-BF0'^9''Z.$_0<(R/HL]LS4F3H:BV!@!%](7(F?=81!6(*<`TP MM$'[ZMI4SP2PJR]772UJ]F!?Y(!-^]R;YQTB9]HTT,1?S!_-ZQ%>'W*(*<`U MP)`,K4TESP&[+%DMHI)GIJ00.7!;+:VYR8DZ3M=P,06X!ABR9S\B6RVBLDDE M0^28LA=$=L?I95.`:X`A&P8!K?8$4KQ<;;6(R/;'IJ00.89LGTZ1CM/+I@#7 M`$.V>F$@L_!Z7ZM%5#;9]R%RIC.1T^;`^`.Y'N%U33(%N`88DAG,COOKWJRBHNG0:TEFPY"I$_6D MOF,LA.N(*5Y9TMU-P]#(P`^&L>'3T=*23/%TMO2D03S&'IX$USFF>&5(]XM' M&S/%TP'#D&2*IQ.F)PWBNV4=PG6.*5[9DR;^\G1A:&:&Z(".EY;TV.Q3'U[S MU<<<05'+&?5F;HDF\RUL24,1(PN)+83KB*E4&9&F]$HKH&U!0PR;SWI=8IJW M-0,PLI#80KB.F`J5Y]RN$!W*;%8R<$.FV5BKD")QRT'C\8/6=\R.YB9I3$EF M'LIW;L\#7[3DH:[1Q826PC7$5,A M\>C4T:)VV:`YMA"N M(Z9"XG%7VO*Y%)(['RDGEFSKY\L']>[0_E7ORU?_V"1ZR)1RT`.[U%^"P[)3LQ>])N<^* MRCF*'80<0[>Z3HG';?BCEJ?FP.A%UG!,UOQY@&-1`2$P%<"```Z!0``&0```'AL+W=O M+XD2DN&QH(J;F'H8M""EAKL5?0 MN``Q4'.'^=M*MO9"4^(>G.)FMV\?A%8M(K:RENZE@U*B1/I<-MKP;8V^3\F( MBPN[6]S@E11&6UVX"'$L)'KK><9F#$F+>2[1@2\[,5!D=)FDJQ%EBWE7GY\2 MCO;JF=A*'S\:F7^6#6"QL4V^`5NM=U[ZG/LM/,QN3F^Z!GPU)(>"[VOW31\_ M@2PKA]T>HR'O*\U?UF`%%A0QT6#L24+7F`!>B9)^,K`@_-3=CS)W54:'C]%X M$@\3E),M6+>1'DF)V%NGU:\@2LZH`!F<(7@_0Y)Q-!J,)],[*"QDU!E<<\<7 MJ__LXH>/63I*1F=4((N++;GL!C&TSD[8$W% M6;,*&KSVFJ17,,RF3PG3N$[I]2)?(GNQC^R+[E-9A8WK,(/7PPS?$L:+L6M7 MR0_C6<\-D8.F&\.__(S>$LB+,XHF^BH-D_B?0$$S[>K\YUV(&68XM%B!*>$# MU+4E0N_]?"9XIM_M/YWEH)O^_@6.;LM+^,)-*1M+:BCP:!Q-<%9-&/ZP<+KM M!FBK'0YM]UCA/PJP#7&$XD)K=UGXSZO_ZRU^`P``__\#`%!+`P04``8`"``` M`"$`M=A&:X,"```$!@``&0```'AL+W=O^,D$"@1H6I!;)56:9KVX]DX3F(UCB/;E/:_W]D&2F#: M&`\XMK_[[NZ[.\_O7F6+7K@V0G4%3J(8(]XQ58JN+O"/[^N;6XR,I5U)6]7Q M`K]Q@^\6'S_,=TH_FX9SBX"A,P5NK.US0@QKN*0F4CWOX*926E(+6UT3TVM. M2V\D6Y+&\81(*CH<&')]#8>J*L'X2K&MY)T-))JWU$+\IA&].;!)=@V=I/IY MV]\P)7N@V(A6V#=/BI%D^6/=*4TW+>3]FHPI.W#[S06]%$PKHRH;`1T)@5[F M/",S`DR+>2D@`R<[TKPJ\'V2+\>8+.9>GY^"[\S)-S*-VGW2HOPB.@YB0YE< M`39*/3OH8^F.P)A<6*]]`;YJ5/**;EO[3>T^_[D1IFP*/)E$VC4<)P-&&&[L6CA(CMC56R5\! ME.RI`DFZ)X%U3Y*D_TTRVI/`^DZ2WF9)-OEW*"2DY55:44L7`F:*T1&3#A'+ M2\3X'4(@OF.0H-MID'\/SH'/@YL,73\$S-07R66T/#D8>`9)KO?LP"#?2Y!\S,EPVZ<'@+H^@8#K?P M5IW^SLL3IB[TD^2ZYDO>M@8QM743E8*+XVD8]HJQA&`*Z7L8>,> MBN/[O?@-``#__P,`4$L#!!0`!@`(````(0"FK(#OM0(``&`'```9````>&PO M=V]R:W-H965T683E(&J0- MT`!%T<>9IBB)B"@*)!TG?]]=T5;LV`VAY8U0S`:Z%QVL5-HHYF!HZM#V1K!RV*3:,(FBRU`QV5'/,#?G<.BJDES< M:KY6HG.>Q(B6.3B_;61O=VR*GT.GF'E<]Q=,[[B'P1&]DMQHJRL7`%WH#WH</%!N[]TULHS=?C2R_RTY`LJ%,6("5UH\(O2]Q"C:'1[OOA@+\,*04 M%5NW[J?>?!.R;AQ4>P(!85SS\N566`X)!9H@F2`3URT<`)Y$270&)(0]#^^- M+%U3T/0RF$RC-`8X60GK[B124L+7UFGUUX/B+94G2;8D\-Z2Q),@2R;3V1DL MH3_1$.`M$$'P@Y"<.A?+30F"9_<2A&;/_FG%7.MP$MMLK2QI%([_/J<=DPU78 MK]3EL6`*=^A]K^"F@D*91A^DT:L3O*#'9(.3)N-A#EP"9ML/]GU-!+_5?+6% MU_08KYEDIT6Q;9]]*1#\5C0=>;VHQVQ%Q[6#0/./:"+XK>9K+%[38TYK^D[G M&X$2IA9?1-M:PO4:NU@,!1EGQP9[[8TQ+D"#ZUDM'IBI96=)*RK8&@53<)'Q M+=(/G.Z'-K/2#EK;\-G`GTS`+8X"`%=:N]T`F_#X;US^`P``__\#`%!+`P04 M``8`"````"$`[).+J!\$``#9#0``&0```'AL+W=O6U[86S^?I6E=8K;V0AZJW-',^V>)V+8U&?M_;??SU_ M6=J6;+/ZF)6BYEO[G4O[Z^[GGS9WT;S("^>M!0RUW-J7MKVN75?F%UYETA%7 M7L.3DVBJK(7;YNS*:\.S8S>H*EW?\V*WRHK:)H9U\QD.<3H5.4]%?JMXW1)) MP\NL!?WR4ESEP%;EGZ&KLN;E=OV2B^H*%(>B+-KWCM2VJGS][5R+)CN4,.\W M%F;YP-W=3.BK(F^$%*?6`3J7A$[GO')7+C#M-L<"9H"V6PT_;>TGMDY9;+N[ M36?0/P6_2^6[)2_B_DM3''\K:@YN0Y^P`P]O: M/OQP<6PO6SN(G6CA!0S@UH'+]KE`2MO*;[(5U;\$8CT5D00]"7SV)"QR0C]: M+/\/2]BSP.?`XCO^,F)1/*_%I7EU-J59F^TVC;A;L/9`N;QFN)+9&I@'?V@V MHV,_,@R<0I(G9-G:"]L"+R1T^747K)8;]Q4ZD_>8/6'@.F*8CDBFB"",=4PZ M8+#I,(5Q'M`@=1[?[^\@%\$H%_N-^O=44+7Y^N\F4T2P6NF8=(H)'S2:6E@) MJEIT/?SAJAQ4XR!8?XJ!06A8N"=,.,XL,0NI4M`D0?--20%LMX^-Q$'=YAA[ M&GJ>[LJ>,'!5,(;L9,`,#4F5@J823#)5+F:-PT&FRD=C:`401E<9Z#-)!LRH M4BEH*N.IRGDO<9"I,M05[`D3Q=T6\YQEI#]/Z/FC_:E2T!3"5C5]G%>(@TR% MAH(]84:%9J/IL2)0*6@"\05LY-*\0!QD"C0"9$^89>>@'WGFNSU!J+5^%,:+161LI80@BC9]C.?Y2^]!JZEEL)=50S^6 MVZ%UO4$\"72DA.!ZA$T_[%%)U8JN!X/<:/!\!#**_X\SL`<]5"232JI6=%T8 MXHJN&9\H\N$ZAMNDKXPPU-@X7#!F[)FD1SP$IVI%EX?Q_7EY%/:JO%!9()1\ M3'DC=)5D4DG5BJX'@UK1\[DW&:-XGVFC\@[H=9F5M"?JG--U830KNF;:2$&N M^A1$1OKO\=@(RYWZR"`XIMFA03!;S'1)>\1W!&-2*X+1R/G`@Z.SF2NA-]FG M!"+AD;\,'A'1^ZJ\);H*'LG'K4V^T@F;CHX5;\X\X64IK5S<\/3,($['ZGBR M?_(Q&MSQ`1RLK]F9_YXUYZ*65LE/,-1S\`7>T-&<;EIQ[0ZF!]'"D;K[>H&_ M4!Q.:IX#X),0[7"#/S#^*=O]!P``__\#`%!+`P04``8`"````"$`(H&AABD# M``#Y"0``&0```'AL+W=O-`L).T:1X"S!P?SYGQ M,"SO7^K*>L:,$]I$MN]XMH6;C.:DV4;VG]^/-W>VQ05JKS MI^6>LB=>8BPL8&AX9)="M`O7Y5F):\0=VN(&/`5E-1+PR+8N;QE&>;>HKMS` M\V9NC4AC*X8%NX:#%@7)<$*S78T;H4@8KI"`^'E)6MZSU=DU=#5B3[OV)J-U M"Q0;4A'QVI':5ITMOFT;RM"F`MTO?HBRGKM[.*&O2<8HIX5P@,Y5@9YJGKMS M%YA6RYR``IEVB^$BLA_\17IGNZMEEY^_!._YZ-[B)=U_823_3AH,R88RR0)L M*'V2T&^Y-,%B]V3U8U>`G\S*<8%VE?A%]U\QV98"JCT%05+7(G]-,,\@H4#C M!%/)E-$*`H!_JR;R9$!"T$MWW9-B:2TK6S'!:W_ M*9!_H%(DP8$$5AQ(_.!:$E<%U.E+D$"K):-["\X,;,E;)$^@OP!B*2R$JPIC MD'I)*4B4)`^2);)O;0N6#4M,P^HD6"32W',]9U6:PP!RU^>F.VY3O^Y!U_>MFOZ8+7Q_4UDF!3UU0O M0ZPP?8T<4Y;A#OU@/OX9'9,8<(,M-=R7V33-\OM@]/I]NV1TK1*:2$J M%N,/IO#]ZO.GY5[(K)E4PE)UP7X?B<130[<]F9`7_)$"B4R[0&= M[Q8Z]#SWYSXPK98I!P\68GT]44U72RGV")H%I%1-3>N1!;`8 M0R'$@^CHS.W`H>);"MUK4;_ M(VB*8@RF6L&(G`HZ3&2W8N(=_^W9!6OC@S;@OFH8WK4Q.IL.,[0YZPN-R]44 M78)M;B)*,AD#OCC0KK59[>::)DZ`&'`'=Z?G[+6,27`Z= M2;]T)Z[CXSJNHHK*ZLM[55IOO&D+4:]M.B>VQ>M<[(KZL+;_^?MIMK"MMLOJ M75:*FJ_M'[RUOVQ^_65U%LU+>^2\LX"A;M?VL>M.2\=I\R.OLG8N3KP&RUXT M5=;!U^;@M*>&9[M^4U4ZC)#`J;*BMA7#LGF$0^SW1A);:O*E]\.M6BRYQ)TOU,ORR_< M_9<;^JK(&]&*?3<'.DJLYBYG#;$"<9@6T&(/+^)&UR61CW&*SI!2&#!XJNLN"N3%DN1'TZ7A<5 MA;V+[5[:X7+L8; M5S5`MX=1X!LQ375[X`71N!_)@L*C1TS6N9\7!+G)D&?<>ZP@@SSB^T9DM[K= M]8.%84]T>Q@$OE%P4MT>@/[Q?"1/OFAH9?Q^0DHPEN4:48D59$C(X"8=E=GK M\W46$:,J)_INEQ#C.4UU\\QEX6A'FJ+/:))@0Y/A5:P@EX?,'T_M$VV+S"0T M\CC1S;8@R\B,>,"H4;F3$<3N8E>@9C4+# M[P3M#XA9-?!^W_7&:\'"9"-^.`&I:MMZM7>-<,0#1@F[D:4()HW)O9WI!T8L M1K;?Q\6H9HW$&-<84X51O6LB2KIY,DHZ8")*NGEV)TJR56O"'JN"5#5X../: MF]TQOU65'S!17Q'(G!AIND7V&0#&/%)E'@%N"5)D!P(VGH!C)UOXYR6JQH\D MCHUDD*@P'TO4[9,2=<"41-U^3Z)LY89$#];N%WTYKD"%A%B.432:43Q@M+>_ MFY7D9B755W`L9&_6'/V)@ZJ3HQ@861)3O=LSS_<\%HZ)T,=IBS'NPO/A30^_ M="08XWDDTCMKSY-BC!N&443'(H6%RB[]N%#5TY%0HRS',,S*:*FZS7P6^(N; M5PN,^4`HYJ$$J(S+D(.S=M:T4#49J\FQXLV!;WE9ME8N7N74R^"QOZZJB3RF M2YCG8"PSUA,YJ@(W-)4IR=*#JS)'F2*/17)X)<1+4@".@3?OWLXU=L$V3 MAI>FX.7MY;6WEXU7W]ZJD_/*FK;D]=I%"]]U6%WP75D?UNX_?S\]Q*[3=GF] MRT^\9FOWG;7NM\VOOZPNO'ENCXQU#D2HV[5[[+KSTO/:XLBJO%WP,ZNA9<^; M*N_@L3EX[;EA^:[O5)T\[/NA5^5E[&'R_+POVR(N7BM6=#-*P4]X! M__98GMN/:%5Q3[@J;YY?S@\%K\X08EN>RNZ]#^HZ5;'\<:AYDV]/,.\W1/+B M(W;_,`E?E47#6[[O%A#.DT2GCAVDF\*,Q,26N_='UA:@*(198"HB%?P$!."O4Y6B-$"1_*W_ MO92[[KAV@W!!(S]``'>VK.V>2A'2=8J7MN/5?Q*$5"@9!*L@\*N"(#P[2*"" MP.\8!,<4T?!K*IZ<5J_28][EFU7#+PZ4'A!OS[DH9+2$R$*>`$3^7![01?3Y M+CKU70'=0DY?-\1?>:^0AD)!4@F)7&>`8!.131%DA'A`;^`(LLWG*#I9')') M()60OOCZ>67:"X,`"*,3N"V.`(.(VLQ)8`TL(:2O$2%HIKTP!B9S!A;@M0MS M&"0GQ!I80F*9,APFU&S/]'8=';8=V1:&@W:(5S:`FP168`"$%TK#"#&"P#7:_[%IGH M9!$8`%O$QN*5Q"1$$D-^C'P[G28`Q=$X-2.="`SR?LEZM$F- M6B.G"B.Y44RM1&=&.T)@^H/H)C/+SF\G$TD+UAU#"RQ%4QC)C(2^[UN>DID( M'X?Q-7+"7N^N-"3-6/=1K5`4.8G1C%3UZM^8R@B+O7]P:I^CS`A M>%3>U,TR_"^6X=3I[8RE2/=R#!L-&JM)":S3U>SH6L:HUW<]!,V(3SU24CY0'07Q%,SS+\7NT M>0349BW)*8QF7?H;(V'8,G5Q?`B_/*/WOX!(*H%WMSU- M?)%:>T$XKBVEGV[U#XC"B6SP>J7?#81)[06AY?:HP2C]"Z.2CQ$0$ M"=:^IDQRUFYPW_$?+D4F"MK&JS#J>^ZSPYF)^.QP)F].Y)U`Q9H#R]CIU#H% M?Q&W(A@\?7@K;VQ2M$RQ^'2UWF?B)D>\]X8&N$@YYP?V,V\.9=TZ)[:'D/XB M@K0V\BI&/G3\W'^J;WD'5RC]OT>X,F/P:>PO`+SGO/MX$`,,EW";_P$``/__ M`P!02P,$%``&``@````A`.PF^RUO00``,\\``!0```!X;"]S:&%R9613=')I M;F=S+GAM;.R=W6Y;R;7G[P>8=]AHN.?8@*269/FCDTX.:%EV*[$E1Y2[TW,P M%UODEL0V13+_^V9G:_N;K)@,IL/1Y.)WW[P]?;'Y])NL7.23 M83Z>3HK??7-3E-_\^^__^W_[H2P7&<].RM]]<[E8S'[SW7?EX+*XRLNMZ:R8 M\,OY='Z5+_AS?O%=.9L7^;"\+(K%U?B[W>WMQ]]=Y:/)-]E@NIPL6'=GAX67 MD]%?EL6^?[7W<.>;W_]0CG[_P^+WSZ>#Y54Q663`D1U,%J/%378X\06`^X?O M%K__X3L-]>&/L]?3R>*R9.BP&+9_?9W/M[*'.QO9[O;.H_:/O9E^W%[]8P*C MMQ*,[#]Z9^5BG@\6_ZL];7KR]&96M'_S$J!_DX^Z7(Y]D+D%FNG3&,#!.O'/NGW?;3I_-<#)/U M;Z[.IN/VKS_^S^/V5X&&)\7%2!B#LD?Y50?\U[V3PZ.#U[T_9X='^VNFV(C$:%_-L'X1>3.>="7N#0<'O_#ID M4CZU5PRS[$^OKJ:3K+^8#MYM9/W+?%Z4V?%R8=($MMJ/[4_9PJ1D5CZ5T_%H M:$OT%_PC3BBSZ7EV/-/*\'R9W7_;?Y[=>]">YG"2G5Y.ER6B4FYDQ8=!,5OX MZAD3YAM(V;@HF6QQ6@=R.[*"8@:[QA6B,? M7HTFQFR+T?L"O*"DRN[$]U\Q\8-LA`H$_//Y]"I#G064MU4H+N+2[^8)=O1$8C]MRG M6:_?/SCM=S:WGY>7QJ<#?2C^LAR]A^\1^O;.T#ZRCV4V+P8%@\[&Q8:PV1YW M.$&J%M/YJ$`+K/C]S;R8Y:-A9-W2%C>=D`V"QLS+$BRU)SZ=+E"WMX]Y,Y?0 M8*1EK[69F1382CB.I88R?(N+383I*O-%5P[UE5=#%='[ZK#W[/#5X>GA01?' M"76S_$9X:^]L?UDND/IY-BQFTW+4W3H3S)=P\CKET;^^C;/I?#Z]AM,_ M@[_Q*#\;C4<+R-0&YU7"R2V#'">W#.B?'N__\WAZ2\= M[H,9S@O,Y!!7SZS5O:WM[9ULAK<`&R[AL)V-[>UM_9>9#H%=E@MV._IK,816 M>(;9J"R%FRGB7]DXR"EM@&1@PZ0:@FNU9YR!)S:X7.N*??KXZ6,;)_M!CZV! M.-I-?8K-[F!W,K>R@B-NZ[%<`@K3"<(F(1S4RHSGXT0N#8B3HH%_K-X,9]/ M5K(9#G>YG-]$BN8+M&^)##[Y?IMMI3U?%F/T]]=3R1G0V.9R.AX22/R;2?RB ML[D.JQH5[O+D';7Y&XP;;G^Q&.'K/ECG'U4N"8SY8C3!((S`]QM)/*B_Q5'I M2$F2CS9U.B,[0G/7)YPE[SJZQI3M1YJ2LQ;RYK#/@KUR^&J85PZ]!>#3U0S< MW=?M7K.I'ZF+Q)T'V"-,T]>YS^WEC:G;7X:M]K5L]A^O3?-U0L)>)>MO@JSO MNZRO?20)_4$0^NP^)FEYM1Q;I/"\.!\-1HL':Y]/*+T=LF=$91,IE2SZ2RB/ M6YV;SA,IWOG
XJ^YLMY'8]X`IZ.396"/[MLRUGJ(OW^/]"%S3-(,S3/GX#+0M?.6FO& MK9N7Z+W%G+>F=)K#XZ09G'GK8VN,3C(?9C+-;7\QGEZO#2;V>_T?LQ>OCG_N M9R].CE]GQV\.3GJGAT%/:SS5X:_XHA[TP_"X^E.LU)@`JQ/=\;.^ MM+`AAEDA8H4KR46-WIMWV?'YGA+%X=' MO:/]SPB55JK",N/FN\1K>@S,U7%"I&/DL+.SF^S<7=6&4+?QPL>0.2>\LW?\'3!;'4VN?ZR]G,M0$.^'-2U*2W MELJ2\D32K/5$?T>)V2@3;W)K8-[S<1WXE%.IC8(NA>QR-^8^FDXV33+)FU[F M$U):@#*9+@KIX)!NR;04E+F#`L01G.63&_RHP;N+.7F;81NTD).0/7M#RG=` M'N"6"&3_^/6;WM$OV;/>_A]?GAR_/7K>P-\?H$H"70498@K MSZ88OKFB1^6XT6L:^78R(HWWZ:,9MW(K8Y)BE#,TE:$X?H:DH^BG_)UVMQ?S.R:V7I66M[._I.7F)K!R/9O8G+HOE&1DFN2.?;9EP=C$@W21K,YX._,LM M^";+@X^]D5T++=@@MC0OW%TV3"2IVF"#P4KY9HH/"Y@7V8N[P@8#^8"*EO`C M?I@LA!>\4;-H#(4K+N;Y52DO%35@YLD3V,))0(/^$;UMUR$Y76V;+TJ@'8_U MKVCC*.!Q!Y5]@*<:K##CB_^17\U^>[BA]8=+()1S\Q[<4@;0\T2V<$/$S&]M M!DT-B\^1&,$VFU[S05.7$$?@W>2#2V8*'/)LCA>!%/TTFA,<9(P(<;7'[Z&.MY1FGW?Z#'XA*AN[C,'CT,+%]A01O;>>P3PHE:C^J`-@XV M>N/\++^B5K*?CT>(^V2DS]/)1(F;P9(L"C[?G`+-1O:RH+ZIGP'D1DCA$]%3 M49(FU4>X>3D?;61'",0?8/KBQC__,IU3%3K"Y;IDE3FR/V'\\>5HRO_?C?/+ MJ=8_N9P.BX#MC>RTT,1E03Y.E#HM/E!MI:0TU^((TFM"C9_R(`"UN@7H1C5* M//+L/,>15)C"7Z>L/AVSS!KJMI45;!]UR\2D[.]_^]]E3G>1L M]1DY)XC[\R6.X]S!?@WEAZ-\(FYIZB77`Y9,EX"\P M$681G\V7D_)Z1(R]/YW/T`R6O[G_][_]G_3+W__V?Q]L97V5D#27M%+ZS>51 M*D<)=::47L]GR-`'=-Z"]%RVM_VM'A-KSKU*);2=>S&5\O%>:^ZP;:-.8^>5 M[$/N(2ZYRNT&4@*'#=\"R>[C;VW6G>UOFRG$C<\!F!8@0VL*Y7HZ'P\;E*LA MUI1!5,M)F\!LX3O,`HP&U\$+9\5X!%:D6_&QL=LH1-#80N%#0V&"PA:.>#(5 M+'\1"1PB)I(^<%U'\`H>-#TR+,11Y:4LP\6\"!52!=IKF2\R7F+#@?*C+CK. M;N7RK!1OJFJB3/9J2MGF\W$Y19FQ?8>D`\4A6=N;$,_T_CJZ6BXVGU&07"Q& M&=7+Y9E> MVL'-)?9Y/-/:XC4\I9TDPN%K_!9IXIN9 MRA2"2?..)D,@G[,RVE2:90+BDAS-"2VG$SPYV#V&6_,,SQ`$.GV!@"4;*A`L,`8X:EIQB$5> MXAAA?,[0`!MNRIE5'OAT8H_X`J9XG*HXM!H*$,J?T^ACPURVI4)FO[S(I:II0Y00R"$5'+Q;F`/SB$P96FHZ#T^3 M,JI<5%&6/>D_K,&5XK%:.T6##T07(0`6`I(05QCJF]H.3G*+P(=HJUT-#DE5 M:QOY&&0+U:@_^:EL-KNV/9SQXWLB`6,3:(V!'^<#O@2I=6!6L*1!$AB/&":/ M-B:LD"S-BK6O\AL3N\;JZ&W;[8B@G=T*`@OTYTM+7;N9J>\D86'==*)_/O>M MP6P0V-D\D"\0C?@>S,`(D72)KAV1?NF=1IGRM-,K+`3_>B7718(_RZ4Z"RC] M>O)ZEB^$^I(\X`2W],)HX-$D7%2#B&'6"$34I%O9P0JL26%(>"%U(`XSAK@NZ"OY?I`. M2BHF(]D!^D)8UGC*V\!6>*;?XTH_VN%_@O'1[K?B+AF3Z.H'C[3R1G>M+?2A M/R#WO^V*BYCF$RK"_55*`D:KPMNZX+\2^8#SG/8*:,%&RJ7B'"':@QGLP/2: MJ/2OT(54B:(V0LS,#)LR97S-4U)-YOR"\EQ*),WS(VT\F!@C M^72BL@)+5RSJ^PE=@(-,@8[2-1$>"=^S-]ET-(9]94T#J5\NQ^#K/'N-\1T0 MM9I'O%H#^@H\%YB.*8CDM>V`KI;&5%-)TSO4HO'AZ'ZU'<9#>&92L:ZP!S.C M_1.WRDZ0P,+H")-)&,<2CFC2Q[`1B7]YY("-[D'O2$*DOB4A`,(TR,5,Y1)F MLDC1E8DF5N(R(5CT2 ML0DR9>,"8R]+S#TSF$L2Z1/$*%I9L8XM!@K1ZAMKL+"QV07L'VA27&J>D5+K. M\>F$=)>+J(5U87C1:W`#Y269T%6*D+WHZTZJHC$!\VL0!O*='HB^7$;*]YIX M5&1,MJ/N$T05B+^2^E`2:5QFHNT13MT@*50RC\EWJ@7#Y!6QTB2FZQ4Q\HU; M(#Y$3J%H#NJC\6FEXB)L'5OWJLEY28@J";&NV=RTE^1/$B/TJ"E9:'/*FM)U M?S:QI9([XI8VL@*Q(TB:,"GE[2>.*/:%>*H##3WXSEQTAJ5M)S"EZ^GO`UJY MBVEI!D:)\`RE4@&HJ(62E)]!D>`Q?UG/X%G)]P_P*6J-#D]C"2SC(">@'H98 MOK8<3!JLK#@\']!5$%J34#IR-(E.2&'C*9'-4D;<#*,U@F7W6DRJDJ0/T M)B4*X/&0U@?BZN>DM<0"*#6&R;Y@NVL>J&8,N?^426XL=\D!#W2#VCR%8Q(" M^C__1==1,Z!]07-*0L+(U?;<5>INB@F4OY3*`3C)8_U8@'%N#JK>Q'!`%' MWR(VS*S"Q9FVA[TW;0"J$7YT0ZEA2KFZ,F')94SSZ%S`V7]:6NT&97%"M_(<(S?A9`\- MU#I-Y')PLL3WX$\Z>2'EB<>Y3)CU-_]L@E*BDK'E4`)7V\`#.;\2&EANQ?8F MH>UYEJ"[SA]3.JFF[F3$V6MJ^:4VX\>I2);WZBD64&&B\#6$&7IZQN-R%!7\ M%+BUACC;X_ETND`T(CY1DJL1BH\:F]'$KUYIX[6L1 M#*E,_%ZWJVOBAVK'SI3>IP3KJ(+&TE#":NC2Q5Y,!_'A.`.^$:-D[E'0T M1-XV3[=V7Z]L4"T2':P[WKS;@BP7Z@[)Y-B&%#^?J")1U)#B#QE*<]"96+59 M"^)-\'%,,_G$V-U0[)IAZ;T()4I']STX3C;4MQQSZ*& MKRL5@%"P2\O4F;LX^5I2R!L&$RF)A*`;8Y1=H)TD7' MQ\@RW8;?UF!KUAOC[N"HAM_U6+4,7`KX/@XZ?+\7A3N4UU.EFO`I/27%:O93K^9;NAATGN_;!Q M(XQ^"$A.6UM,+]QA-I6FT:FYRE#966/#L.$Y`6A2+UT+0<$.@+&T9"(.OS_H M<.<9Z^@`TUH`ZG\SH_!+.'(;JF31X&)757#!$Y1*&LZ1DS MEX',*C;36QG2;5HN+65Y(G/;Z5"P6A*3M:.'(Z+G7N4&OB$SB@8?>"-!>W!M MX+[U!;JJ/N"0WUS=)PB1I_W67P%P=/!SUMO?IVG/FG;?G!P?\7G_X+7Z,3M1 MRZ%D[T97%)!D%C>\Z/6?Q3-V-6CZ:+BASAMD;V?&:$?3K4\?]=CF]O?&(B=* M!))^,Q6UC]ZQ'C:WG/M+KY;2O7XZI1Z9/=Y^_$#<<[_7?VN+;W[_`"I)7Q'# M7L"W2HIH0?E-T6JP^RG&0!APOT1!/"Y,A5"&FO,MK\_!J3UC0E*P/-$M.S6Z MGN-+P1A,+;B],R:L_@>Y1(*UK(0HE1P<9(_;$HO]@<6$YAQ(&U2 M^14!T^:4(T&)CBHZI_C>@`C57_>$:[8=URX>`,K/J5)ES_'4=7KST\>=1U8" M>5POB<;@M3N/5!D8#/20HU2M0MG'*C;YT$^@"#QYH2@T/#L<<^NN4&0$,=`( M0X_XJCHF.(V/PBB6@DB\:1Y`*L2P!67QFK48\'M[\-]1&%&03BIN;ZL).O(6 MV3/R8QS[6GL7R,G!3P=';P^RDX/]XY=''`!9D;3XV5+.$JJ_ZE--@E53#ZVT MP29Y-ZVWF?I7*HFY@HIVJLH=6TE#4J9RJCBS,2$LI]9<*R%J%E&%9"/N0S!F M\"BL[.D,W#P3KJ!$HLF):_*H5+6"9"=F$'EV-(S'C1M;BP_6@46M=[I_DPI` M!>66OE-'PJ;U4%$=8UUU`1ELD)X+'#R"21+%'BS1%]>[!5`V@/[Q9CU2N?(R M0G:[LLY6XJD7J864Z!Q5PTRMN;GR]"HN98/,*]9R1UH*0]5W"0\B@D8Q'Z$9 MAH\67*P`3TMEL5/K5`4_-C+J27=OPG-,9E@@JU<1I@&Z.L6UN3:@'H>:*BL` M)N"%Q3R[NT'_PKEJ9X.!2E)P*]K)3[F3H+W(9\ZDE_A1`$MJT70FFMY;EY%* M2]$@T?/AIIA0_FH<)HXR!S/R\9BXR$Q%VJ3SITT:*%\]'E:1XX@S;`4S6RSQ M!H?@ MY9-)-5IWMBSNF^-5.!QBP*%\,6TFQ6TQW7$,-J?[4%(Z!UC-?YXUZ=MHB`SF3F(E5N1PTG#<@RO#3 M[BFS;222GWWC&:T*<\S@6:([H:[;\H6`(*6(!YT<= M%B9U]N!SW%U' MTI6;O(=NTQX?1NY=FC9W1YA=;7BY4]\.=4@I&K!<* M'W*H9A.Q;B@`RZX96,F]FI32NQX[.,"F!C0P@:<_$H#NXF,YC:D\,Z*02*`M M1<&&SZ5O@]^5IE!35G`IJ-X'`V?7=R06-26`^T,*5FFX3;.UEI`S`31'R/PX M-]6D*0P6PWQ$D>:G MF;*.OPK46I8O&:18]5A1NS+:63:L?M9(4'[!_`;=ES."[..]W:U=]8"-9?[% M,7SQ*'XA_A4?J(]S?,/)-^XBD*Q@MK@>`L>!\4X@R0IE4%,0WA!+I84^!.-E MD%@K:L#:Y\K?G=$W2/](+*Y8Q<,I^"4[#UU#X4Q<)[8ZQ*L;S65V)==V\]$K MR\OV+"_;T44<@SP\4>9$Y=]7QT'&"HT'27-L9G6@"9)I"IOB+J_<@.54 MF+/7W\_2*DK#B70A,V)A\HJ4=.S#PW?%5<$G$!PU#<9?4=_)IXPI;SR%Y=FO M,(4IJ=K9?AWI9=7WH^(:523'4I%QP+Y"`GB'>E5@(-1K2'@IL!C-N6Y$8;9: M]\@B"W,RED%7)2X)*AQ:*BTC&L*`J;=7VE9JA,3\%G7I\(;%?S=7A"F70)5:8THVIVWL\I>6"7R')X-"1D#B@4\\\-8 MGHVMHB9"`>]>EY$_+BN%.O*AX-#1)O-A*JQ"(C,9BBTKQ@U9BA;2/H*Z"A@B MPJMR4>W=-'!!'LJ.Y6O;)J9!HDT@R:;@D'O)BJ?2GL+^:WO'O_7:L>GG,_+V MJ6)AK:5F5H*B)>U2-8&W"^O>6F]53#%DR5EN6D@6EA5(6.1!@]9ZQ.QU[.F4W0EP\0J_@QGL,Q$$>6B MR.RXVH02204/V.K('/CS2C:TXO>6VN\J+[^U\735@7)*,TKU\=M=W2;.>!]D MI[T_K[C`3F&$*S$7V]IMD0AC!YEWU'I/@KZK0"TX)$8...@K?I>F4O(OYK*@5#:E=W(-3 M$=(?07[OM%&WI\6$;(^4!?NTFGTEEFR.HVB(EW:9?S"AH;PF3K%\*84ELBJ6 MRW'M`*Y=I@%3&>C5J*GT#MJ5E<&W7[A2Y=](W%?ES>3X6!::)Y9$P?)I4GZN M1DV!*L5L=>[&5DS7<5!:,HT^BWK2W"\TBI5+;Y\8-HW'&[0#U2O#-3>2[A5[5=KBSB-`7Z;[3Y@+JB)8]'D MY`;8-2G[;?;0IK<62+O$J];?*+SO/="NY!A`KDH4:SP8W>"6WK/$E"75T:`5 M45N;7[<5.3I?L@\Q[VR^M!*UP#ZG"]'P+DRJO;.U-RO!4/2A'=;ML723.1G) MKUC'V9B9JAQNP77P`\3!ZS`4V])7F@A#%6&;&FO,O*`WI:"1(+7EV%E6'"GE MSR0.=(1@Z>(%A,9J2;'5JBI+SH6@CC23ME(OC/Y*GU&IUE-Y]K9ZM'9P/&"P MQ7)YCJ-+IDN=/G[>*.5`)4T#CB-IP\;DMS.(Y->0W,1W0ZS6(-NO*UB)5`$Y MF@A<+_C06:%S/>:_!HXUQ5%S:U6OQ>?`Z<5&^!$#O`7NRD'SJI&\T;)@5A]W M&(%U^JYN[Q6S24VL.`F@/57%"<0D];;JR&@5ZZ+8:7)6>[T5H66].CO17/&@ M@!T%]U,(MD.CF3C9B!$:3J*C$W(_.9>$RK4Q_2.]K"XQ$^*8V%:_;@R%98;D MI*^A"AQ1D`>!0=7=L,I"*,I>X0JI@M'I0:9A37TZGD33S*8].8/;;=\Q1UO8 M7KLN.W3%(3^;'=EJ6'MJ4Y)P/[6&8$DK2%FK5M.Q)'WK&CQ5,>C9VHMYGQ=G MB[LY:?T?CT].-T\/3EYGSXY/3HY_YN:IE27\WO)"MLJK^++A=/W(,,.PJ%`4 M`AZ+W_+/WZ)-E1E[X1H`@>S%ZPVRV$32TV-,L\]<,-J+<*6'QY.D6\BL8-HI M:M>70VO\84EF$V"(;R&G.C',]U)YU2`Q%.L&A9<'-#5<<6#1KD8ELG7'3+D' MAZM0TX.<,RD<4[U9;:^U?:6,MH@< M4E\.%]'X)0'*Y].A!K=H*W1CRFNU2RE@P%M@!2GT2:(`)7Z("\J023@X1((` M9&L#55B;+A*+@N=61LKC+KL,8*RFHS.RO`[D<3R5(=1QAJIN9WEQNQY0,KF< M"6?W=A_6\D$,1_/.#F'ET? MF6V,,P>\:/<*+J1L.Q)Y"CQKV-@49]#K<=.D563-=9K+JA&QN4*BY)2) M0N*8K0:["=#F@W)0^!\TH8[*63+3^)A+#Y!5%:(\U,YVMYX\$FIY*4I0R^&Y MF(>L/88/#`0H/7$.V-\A7>>/.D#6)*%@6Y&`Z\/8,%J[+7MIO"I:K<,-ZO#A MWJ.0[`R76=B9=\."9,!Z?95"&R(6A M'>1P+P'0EQ/+4?N5)'@K\,F">,OSJV%)IA:482B*P/)G&KD>]@X/](;O/9'T M^6VK'DJ5,915"3*T3JO)D?#>>ST;&=:86;8F;$TS+S8Y7^8+YQ?X#A#EVGVY\^#O.; M<-.B=A1UMYZ>JK]0+5W-N8TVK. M'7QW%*NTH5+NNM7)(NM8-$.SVIU,S\WJEK6@S2O``)OPF[ID7ZRG)6V9CX9E1F65;/O&<&>G>DB`3+5I:^L:+!7 M1J6AKTW?<5'4.Q$E7$%O3J(R!9P>Y_'F-4_W=AX_VGH8"Q*K(\@]FQ7_@R8R M(;VI$X-*J7<:K#SLD:D]JY'K&,&" MN>:J]W9W,0RQ)N-\:-&C]E;?1EK($JP-8[J*CJAX&7CP$0*]&":8_ZO,IF+& MA#PHBG]F[2Y#CC<-Y,V9R5>1$6V3[DS3A8M50)0NUVG9I]ITF$R[UT2BQGF/ MYL4?5!&6BQA(L62RL^Y]263.%>O6&$P2H!23^;_8FV@-XSKK(0GG3:1MR06& M36)>\640&]$MN'D>QXMI`SN%2Q^EOSSO7T>(>1J`0=C$W8:QY7`L%)QK1^@( M`5E#2<`^XBK7ISZ7N24Z.J\N)OFE("`I'@BJ>5!,5CD&`_8%0ZR_RH(KTN?2 M9.S*+@EC"^*CVMK16+F@!MB4%22%*O2K53)(=861;HG_5+-ZL%CYK%[6!A[G M5>8Y1R947T%;KSI2&OJY!&[H7N7@AU\J8WQ7;5V[UD["_>>V\Q"UPI^U<EP6%)K&0ZG:7>SVLLRE\YBW,J9:6+E6(V"I=,8[I&;\?2U2DNT`KN/I;>@:H._*^H+#P!A^(ZU;J=='&0&`URPGTI'H&V)YU3F4UJ* MK8E;*@.H<-CRM,8=N@W.@OYH75A/MM43&\BWX]LD"$Q? M=;5EG_,C=K60+EWP@-H2L(*ZH47AI`@6Z$8=:VHX,_*%#$!M3%NGVGQ-F6JH MN*1F3*NX^<'Z!>7*K63HB_:<+7:QZ]KT'?961LJ?5BET8`*K[WF=7N2)(-E1 MMVJEJDM4?<))+,DV6)VCT<]F*J3<[PT[:A>ZT/COJK M#_#_K/`%UB-Q+2=9.Z#TN_+-$I8H4;%&>E&:1VAE6YX6-#5QUZ+HSE-K`JGO MX-/'O__M/_U]CDJ/I9TUBJ4[3SVB/L1PKBAN/]&\&"#".`/NF2Z-V>P/U*E: MUC*D=HF>[5>AC+8B)EZ[;U&G]!>F1$ZAU2QYM0?QC2E&''4KT]0!!&ILL<:P M6-U$.-*V;'4Y0/1O*5ZPQ*JZ!3=38ZV`L<2>AGX6@C8JO> M&!C`3ZT+J`Z]"""R>/:7)5I2V35I5H@:+AHW?>#NL@&XI5L0D.N5H%G($V9` MEX=.*"=(Z%K+L]SPIX M;MCJF-@S&GKJ5G$U8>I%&F05.1I1U!=#A7QU M0O9[#[=V(MF,/?@B!=--.IH$A90K3!K[(!!.!+,D4#/-$<`.4F2"3ME?;3R* MBH)RJ8)_)/:,J,G>6=C!VBDX/Z2TB$^&CQET)JJR\Z*.TQ_UFHU]^A#I/LS, MHF5O7O6.NL6@("TOBC-.DQ--(PT//3=A6DO!$(ZZ_%\7Y#FTB M$!3D=][TR-.[S0>()<)^_D!Z(6QGYPNV$]\=:<8\P1J]N.#XN=,*I$]JQ%BW M70;%[7J@DV9U^Q][."3>;HM0+6[1PANPJ#3)JS`2I/*1 M"IF2,_?G==K)&EJ\1Q/KK=0#N&'EX+@P&^9#1.:8API5TF.H902+C`)&)3#Q M?>4#2>C`A/`]"7O_7B15`LVR.W8/1VCRD?I2IU\`CC7QEFQ97"#F7]`:?(SW M5*&&5!.(X8`UP(C-:,#"L[/CA5S8LJ"3PJ[\FCB(2PIUF4;?++X_YF9KH><:8NZU3 M450($;$9IRE.:EARMW9H6]$[PI3'^2NLYGS4(6.O4 M-9ZHQ48-:BG%8AIA-[Z/]=-'7X/`FGO,?\,U#0\^?50/1$?E26]+X3F+@5*5 MNFHUOQQGP@CL!D%[-^&37$71E")OZ`YS]S34SI-&`ZBS3P84QAH`0?=Q"*1<4 MK^6,B'5:G16*#:("$(FMUS=*OKW?O3:/-$3K<*BP$9T![38;2#FQCRQQU0I.]89:%6Q.G-9,K+Z[U70&&_I"39#-@FK3-D'GP9.Z* MK503W,8R3-[@&'/::DI12L88R(+WRL+M8N&DB0*I0TXZKJ0T@T#6L>IAY1KK M*&Q$99)D7]&"(=1!@]<]Y('X*9XPHRR`GTU-^Y[3HQ)TJ\BE7R1>%"!U#E/! M`&K75UCQA-WY2:I9R6WW*!H6E3_L]#TVR-/EZZ9N4L\BZV!',['N/P:]HYEI M0.J8-`H%VJCWM%T+KD(4EPI]4:!;KV0#OWK$<4WCE\)01X[9$BEF\[IC#4B# M$YVP(7YF(30$J`QN?9D^0WPRLH`5B%4K$:^F6(JDI=V7=.HWP5BP&;HH4;_V M/D33,M8JYBI.C#2E)J$N/6U`5^WKO8G&88']@JU?Z;O6\A^6VN+Z*M!%?RYT M\A@CY&]"I6C5>:=X1^;KY@UPG8M*^I9U:"=W>EY@Z+YC71KJI8C0?N+8R=#Y MNLH7MG_J7=!Q`8HZ[W$_Q+\@534:?/KXD^K`[0>YR0BFH!$&:2X?M'_]N5`P M773?U.:](NWA!R%::W__1@F*]IWL$N:Y5;V"/#P:F;S]U?Y?7B_.:^/;W&([V5W$F M:DP#HO1B^%VRNM_AR:'D.C2XK_>U/^U,?M+.]D09L?"NO>[]'5[LO@+$"$]4 M;=W5][A2Y\FC1^T)F]1H"4Q[<.`7+]H8^3[SP"D:Z3KP)"EG;U@R[+M6JU)- MXH5IT&91)]5,T9VS-!:NWWN\M?O0%/&]1UM/OF^'Y(+*G5TLB4M;U701@4B8 MK%O$+P2CDR=X4AV$;`'51G5O!7KW;$MH>.]!P,:LR$WL;CUMYB9VM[Z/7S37 M5,B#7UI+:>'C5QE4+ZO&<`\]KM?:R#+(.PJ42JY3/?-YUDB3J8\=_Z_#!2&5 M!PB[6WOAR(@\%/4EF)UJ`AOLGOHW&AG:BFL":%_--)U<7>H(<4[:V]NSN`5/ M+AZSX;QJFVXD_*W+2;:XF1]/V=:8#S7C?JL$^*8KW"J"7"$G%@G/B;3)L,:N M1F*'&>$#HP6)T\L2S[+O#HJP37C`=A3EV[B**.8+&GDCK:-4RD6J0+)45*TP MMI7]Q%OYE(^F"@Q@C81YU66NXF<;5HC1FH\=``]PC9+ M:$<;+22WX#)@J-HS?G`+B+=;?:97A4LO-;@9%:2.R-!96TJ\1Q[?35/$N-"V MWB'U*2,J;T5HT3,=1J<+(AXH=-:0&V'9ZXJ10DFWXZ" M*$'=YKA*!;=_Z8\^?.;9YS'=8VAH/_]MU^Z=))*D#A/1IOUDQ0/M7P[BM:L* M+MH_/MS:_?31A+_["_V&*W^YK3S4GN7@]9M7Q[\]'Y5X++[06\C3TP?52VT=D]L-9=V MFU(TU<0K\+R>``VL4]8.;Y:.R;Y`![5RVTO/TMO?P#OM.7[VR:/%\]&+"864KLXQD6]+X3%<"I-S*[=&V\ MQ"%D#I\^^C;"&=XQ9!8OY3`:/!N"ZP:Z-&<$3?D)3_I]S;3TX24BU&=U#FAM M#@MEW8$Q;'4C1X,Q62=>KCNN%]LFY-5`9PCJ=[;3CJVOF^O["4_M2!;D$5ND MYJ$&CH.]J36-4?"KS6`D3%!6;\FYM_O(]`G=M;!/6PTX<_ZKG2)M/X$6,BH M;=Q714P$2A3MU3`9..3QWI.-G9U'ZPS$[=J[O6(M='=.ZUG]HS/LH']ZA!!/2!#H+4_WHOYGCX-Y] M?"H\Y$TN>N:D_U87)5A]-9X!>*=FQF2>V\)4918UM<0K55A*;938?M3QT7N>4OKT\>6JM.QS M(I-/'U_0S[4FF7I4933BB9\[9R7WP\U"M7R#:]*V^+M2<`;M1F_A5T]>M!^] M_W#CX5XG8[@6ZA:VVK/=KB!;Z8_=6HL+=M[39;>7.O'\$:UY=,Y(_]Q_Q:T&#[(W>)U6(VBC\B`Z5VG$+;<)'AVUUI(^$7S(''9`/M M7)`M9I]( MYQ/LI1T'1_NKKK/%HLJZ*O:G`82V=6KM=LT"U>FQ>6IJ:-/%A3+503?8S25J MG>1D`R^+5R(@OM_4;/19N*W.-`QH8PC'O&E:((/GK^V;D,:PN$`OF^8'O>,@ MG`%)&/?C:Q@_;HWFY12B3SB0R>#D'9A6L[=[F=:CQ*BD64FF-K03V;6)'6/_ M_YB[MM:VCB#\5Y;0!S_8:22G)4\%^8K`J4UDMY20!R%9KBO!2>=4J13CSR MK'2&:Q;SAW[,Y6E#F5T[E]<\14/JT=N0,4&='6D@C.%?(@Z,+IBX#KV<'X12 MQ'=B6:IH:H2\'&(._J38!:84^K_?=;,H#`"JK/D\2X*XY+Y0N#&F!LDC[ETO_ZJJZMB5T=5I6^;$S0,X,QB1T`F^ M-$,QM5P=]=*7XB7EVUNB[MAF(M3#_M!E!J2'_3$,_'!>(\(3B,GK!*Y4.VC) M]ZS@S:%'X:G1$ZHX'SB!><.%3L> M+C+BH8X0)X7G>V%=<@=9XBW,BF@[8N7?.[ECLHKBX)E,NX(WM.?GSC]2>FC; MSW].[<^+3YHYV'['_E@6GCE<6@0KZ^'JZ`5T;R^8:WZ.6)+5.TOCUR<^N<.3 M4C#8#[A2M;'B"$@E)2Z%7B$(>;AG;$6YIK`^L`$EWMTVB>."$2F\7HN>OI87 M@-ZY?UW,'.#>IH\+OA,2/UC";YA-&(>;/VYP#?+N_Q^,M7J;+/,7FQABA)7FYK@LB:C+&`=*)/NW6L#*@^ZH5$ MV[TW$B',HPA2S7LN*?_*GRTHRRT]#90"R&S!,QAQAQX;M'7F_IT$B&##1Z7; MNUFI]J5M"^G[.O=4>AA9$AGVKA8$N<3$\#&%)A9.:\!UL M]>Z8UPO3MAC5F01QSD)<6@D=H'%]FP1PSR3]V[/R(5!9/DFEP@,1/O.>V+-@ M0ZWL8-'3?#&&38@Q(7?D*`SNB8EZ/(15#OY>SCW+?LCZ&;NWYJ`E>V/3W:GM MKI[:3E8KE&BS%"S-63,9G$_51E7<5IH@(1Q!)X4@E%/SQNJ004;(T0V$BQ1A M!I8DC)P]BL3UY0%@>9X9E[*]*6T($;2`%[U#]'7=EYQ.EIB:I:A,33,EX+'= M/PJY6B7'/W)S21((7O0S2:@3;KHO47"Q%'P5G%&Q#P%C)?!*6SY19"O5!&AE ME7Q90A"!>:9\HM[6PDO.$IT8Q$O[_V)MF]B_K_V+:ZW:Q_IL)@^FCY]L95'> M:]'#@^);2U@0_XX/P,Z-`F[&5\SN1>XBABTO=Z6OK#E13[N*T'4>1(^9#&;Y MB"XO!AAB_L\1>K^\?5#+=Q8?17<'091(G)4D\X)**\<(O6>H":J?`3G#-&(O M/WRQU=L&D*W9/.EJL0!9/G=3P-(@.AS:WD0+0_`6J/L[LW5EC)5_I9OU6H#C MN,<&X?ZV]9M=`/*6F%@1*52*YA@60]WY6S/9D#^3]H&13BT:G;&=9=&N(+/` M'[KK$K6"\]P*,\(PU^IUS-"1#<9*2^)@3TSI,:TU?.F$Y=L(ZU3O',$JA3<*NA MZ`K[VH\;X>^0:)XB6!4T(C>,;[\])V%CE?3VW5&$Y/K@*LLV'1R\*G%;CNE@ MJ.U/NFVJ=J+6MB$7+[,QE7L;=.V4Q<,RN",\2Q!HSJ#6#880.!07R@!)VX-0O[MHMJ29+:"1%`:* MCUI8Y?0,4+]N`MAYA&T=STR*YAEIF09A= MOZ=X';@#*XP?J@Y"0>"):%%HQ+9;L M57*4_068AX:JL!T&;HBI!^:8+*%*#.:0?EAJP=BPUC=5H4)%R3)"!`N@&_"W M$BO`**E2KZVLE:9HOR;01TG>&SE[Z]P.H%<6>V)H@W>K)[&X+K86^SN3D[6& M][!OK=?WU6-LQ!&08,NYWV"?EO6I:4C4G6PB&D3.MQ5]/+G]W!I\.`UM^3@U MP?"PD^)%:[O/1NJ5DVU4,#=PH;7&>.#J?R)8(KLSZEXU@&P85?<$M!B."FR/ MB)\!:9WE8SB/X7(3T=Z;U+RIK.>U4DU@G\]-A/P"*:KQO68+L5,3ZOCEZV6U M@5)U.TL@E34/KP[77:/MN"R"B'G.X`-W0D>*&'B\L)P1'!S/IC3[XQU)I?_D/``#__P,`4$L#!!0`!@`(````(0`P1:H4>`L``"YE```- M````>&PO`D01:(1Q)%69+7\F(DF\D` M$V>QXR`!LD%`293-F(="43/V!OGOJ6I>U1*/IM5BSQH[MBAUU:NC7U/$][8L3[=PPF.F#]WU=7O5ZN]63X]N[]^'6">"=31CY=@POH\?> M;ALY]GJ'C7RO9_3[ESW?=@,]D7#EKT2$^';TO-]>K$)_:\?NTO7<^)7)TC5_ M=?7Q,0@C>^D!U)>!::\RV>S%D7C?747A+MS$[T%<+]QLW)5SC'+:F_9`TLUU ML/@_!K8.%[D`Q@'G[LYGKWB_;%]N#*`.&M0B^,M!BB#/:Q*X'M.\DG%K;G M+B,7/[:Q?==[32X;>($E1OHYWX4PX<5>HJ%;/4M$D]DT01B<34.\0FWRP20; M+];;9/^[Q"9.UZA9URG^XW0Q*^KMDJ;K."^.?'B*KCQ61$_TN)SIE@4<,NCW MT:TT8&=2-EWT05]GRBY'G5DVM(;66*IE7"X>QPT5#BV9KFQ0:'T8WW;F3OG* MJJQ+:;BK'H`=3JX77>BZ-?U[;.%/%WG2\8!VGH@QJ0GIYP0I.V)YM#`J7>DB MH_3Y#6/E2E>6%5X\:P:2S"C7\^#ZSDZ[=[YJ/X6^'2`L6NXP"B^OUHB[RD7+ MJ0I)"I2K:6W!DG"/?.DE_>1DW"P`.XB,ZWGY/&1H8J4.5VZN84H4.U%@P0LM M_?OA=0MU>@"S-PQI+_E#R\ED,C6'`]-D3EZF&>T&:^?%P0F^-#<=(Q@!@NEP M,KTT`$C?G#!5G2(8`H#Q:#09#::&"?\SVC\_`MD^'>FJHTH0*(HJ0:`HJFQ" MV9/`_&E/@;4UQ7V5(%`458)`453'DAEXK#RJ!(&BJ!($BJ+*ZE^)?166E!7W M58)`450)`D51E59\I@P\51Y5@D!15`F"KJ.:3:L6=W<66Q0[KLRJZV,VDX.Y MXS*,UK#AE^UB#7#VF%R[N?:<30RSQ,A]?,+?<;B%?Y=A',/VV,WUVK4?P\#V MX,]>UB+[7=,2-A!AKW"FQT_NZAF4)2LK>?6;2$,5Y]*0,Y&)%;XY-OMC]>'`;:L2;^? M+,")ZJD72("79$PY"-+FV)^-34H\VMBFK:W`+T=]8V[@#ZM82RQM:'%L9T.# M$BL;6HC:R.=-%EU..$>H)4@._,U]_&TP`%32,,-S0((I/^$&1+)I)$QWY>8V MBB=6@X1VPU5FPX&;CFV0H:2-)1FPQC9U04S':QC^5X[G?<8!^>^;O`:`I:Z; MZY<-.7("YX#P3`:>:,$_83TY_3,9[Y,7X..J1D9E(\W>;KW7^[V_="*+'0YB M*MA57+JI``%.I#`$D:($`X-1DQ2G]8$#8#'*@4`GZSZ42.":SDE-Y M1BNKZ!?TUUAI,""T9= M.4/>H(KSE3F$D"Y@*#P"-%#G$7E923@7=!8`ZCTREUB'D*1`*E(-`>`H@4`" M,5`T_@XH!D4C,,T&14,PA<"-P1WV"1H);H14A`'P*.D519TPX$:,#MU`(*AB M2)(-ABJ*I!A4<601"D,511((JAB21D(515(,JCB2A$(511((X!$E#$DCH8HB M*095'%F$8JB*(@D$50Q)(C$\,T7VZ+)ILHA*UD]'XS>MGVHOF\:%U$'5I`GB MGC5/9D_)S!%BP>929"J--_+9V=JI]A1&[B\PR<0;^E:PF.I$.MX`&KLK>N5K M9&\?G!>8BB;[3B^;ZK5>0)*M;QPF(X^P$E.A'Q;7=:V-RYJMT$@Z1R#%V%"C=X*9>U MYI(.^B_QQ>G:3J`JG&"*D;8%*8RC0,.PTD@:Q/(!E$W*E..<4IERHGMX.*/B MQTJ+K7HVNOV$%)".I3$%RL>-!D>4#UZ"[J%,SDYSM"LNVKNH9DN\O;"&+B?/ M.(#&3>?X5*PLVXX!@/F]HU*Q/.SU.LNCW@))JR*2A*8>5@<`&KK#FQ._-#1H M>%JBX"*3,EZL5`Z/'#DH9OGQ:)[NS30292,YB;@"]RKXOM$!FD[*VS;NJ02$ M.UI2W$.))9NCRD$(7/1-(#0@8=7U-F3D]/1+/=_QZ5W)?FUB8[167C.FPCW* MWX8E3:S-%=%OX/#&N8V&-Z@FE7HCTY,(G`-W8S:@_FS4$<=27A+P&?H&S[ZA M+*0I_"8'UF6TN$-4FRZ%.BC5BR[S4<:5)QW#B1^E`DYQ1W<^DNJZB3]:[ M3J1+5@X:%/Z)G;`>)=]/NL#S)E)H/=MKS#^R/R+%0XW$#EIR8J]2KJ:BKT2C MHJ*GXX>4P-"N)$ZBS3L[:LNK+G:^6J5T%:!O9MYC5"($>O\VYCVRA^56`:PY M(ESGGEKI(CD*3KO)1M14(MET-&]3D=A_^9I]\.UO#YV;"LVS[ MO]4NM`\KG&WG2RZX3K_8+:6,21]_U(T/>'C,IGO"&8 M\8F4(G;P%_$1SC9$?)1(*:+&9_E0,,L3*46\^/PV!?,[D5)$"N01BTQX0]RB M/$9#WKNFH'?G]CIC73YA<)P1@0'/MUSM/7@:?8C/LF=GNG"60PS"_0TA24_. MZEE;P"VZN2"^/^`P*B+H[F7KV8$=A]&KAN>X"XOX8AKF/>`E8XG,8]Q3:B,G[`N\>O*FCC1AHG:#A\P]/1[01`ZT3,3RI M8OTD(N9CL-WG$>*Y%(=N$1&?W.#96?.9PWO8`)`BDNZ=?1S9>?[Q7EI_WL-]W)D3\8P;Z3M80XL`_\L^)F[$5D0([K>("'EP M8WC^1M:).1$(2TA$"&TC=Z;_]VX^GM[>6<;%I#^?7)A#9W0Q'9'`9\\)`=APBB$SHK?+O^CDYO\```#__P,`4$L#!!0`!@`(````(0#[8J5M ME`8``*<;```3````>&PO=&AE;64O=&AE;64Q+GAM;.Q93V_;-A2_#]AW('1O M;2>V&P=UBMBQFZU-&\1NAQYIF9984Z)`TDE]&]KC@`'#NF&7`;OM,&PKT`*[ M=)\F6X>M`_H5]DA*LAC+2](&&];5AT0B?WS_W^,C=?7:@XBA0R(DY7';JUVN M>HC$/A_3.&A[=X;]2QL>D@K'8\QX3-K>G$COVM;[[UW%FRHD$4&P/I:;N.V% M2B6;E8KT81C+RSPA,S*A M/D%#3=+;RHCW&+S&2NH!GXF!)DV<%08[GM8T0LYEEPETB%G;`SYC?C0D#Y2' M&)8*)MI>U?R\RM;5"MY,%S&U8FUA7=_\TG7I@O%TS?`4P2AG6NO76U=VJ^> M?__J^5/TZOF3XX?/CA_^=/SHT?'#'RTM9^$NCH/BPI???O;GUQ^C/YY^\_+Q M%^5X6<3_^L,GO_S\>3D0,F@AT8LOG_SV[,F+KS[]_;O')?!M@4=%^)!&1*); MY`@=\`AT,X9Q)2"M.69EN`YQC7=70/$H`UZ? MW7=D'81BIF@)YQMAY`#W.&<=+DH-<$/S*EAX.(N#U MO5D"53,+2L?VW9`X8NXS'"LY1ZMAUC_J"2SY1Z!Y%'4Q+ M33*D(R>0%HMV:01^F9?I#*YV;+-W%W4X*]-ZAQRZ2$@(S$J$'Q+FF/$ZGBD< ME9$".S1P1%H$B)Z9B1)?7B?-AOZ M'&(KA\1JCX_M\+H>SHX;.1DC56#.M!FC=4W@K,S6KZ1$0;?785;30IV96\V( M9HJBPRU769O8G,O!Y+EJ,)A;$SH;!/T06+D)QW[-&LX[F)&QMKOU4>86XX6+ M=)$,\9BD/M)Z+_NH9IR4Q M>Q,O91&\\!)0.YF.+"XF)XO14=MK-=8:'O)QTO8F<%2&QR@!KTO=3&(6P'V3 MKX0-^U.3V63YPINM3#$W"6IP^V'MOJ2P4P<2(=4.EJ$-#3.5A@"+-2[\JIB4OR!5BF'\/U-%[R=P!;$^UA[PX7988*0SI>UQ MH4(.52@)J=\7T#B8V@'1`E>\,`U!!7?4YK\@A_J_S3E+PZ0UG"35`0V0H+`? MJ5`0L@]ER43?*<1JZ=YE2;*4D(FH@K@RL6*/R"%A0UT#FWIO]U`(H6ZJ25H& M#.YD_+GO:0:-`MWD%//-J63YWFMSX)_N?&PR@U)N'38-36;_7,2\/5CLJG:] M69[MO45%],2BS:IG60',"EM!*TW[UQ3AG%NMK5A+&J\U,N'`B\L:PV#>$"5P MD83T']C_J/"9_>"A-]0A/X#:BN#[A28&80-1?F#R`Y+<&ULE%5=;YLP%'V?M/]@^;U\-VE02-6$=)NT2=.TCV<' M#%C%&-E.T_[[7>-"@:13]Y*$FW./S[GW^K*^?>(U>J12,=$DV'<\C&B3B9PU M98)__;R_NL%(:=+DI!8-3?`S5?AV\_'#^B3D@ZHHU0@8&I7@2NLV=EV55903 MY8B6-O!/(20G&AYEZ:I64I)W2;QV`\];N)RP!EN&6+Z'0Q0%RV@JLB.GC;8D MDM9$@WY5L5;U;#Q[#QTG\N'87F6"MT!Q8#73SQTI1CR+OY2-D.10@^\G/R)9 MS]T]G-%SEDFA1*$=H'.MT'//*W?E`M-FG3-P8,J.)"T2?.?'^VOL;M9=?7XS M>E*CWTA5XO1)LOPK:R@4&]ID&G`0XL%`O^0F!,GN6?9]UX#O$N6T(,=:_Q"G MSY25E89N7X,AXRO.GU.J,B@HT#A!)R,3-0B`3\29F0PH"'GJOD\LUU6"PX5S MO?1"'^#H0)6^9X82H^RHM.!_+,@WH@:2X(4$,EY(_."])*X5U/E+B2:;M10G M!#,#1ZJ6F`GT8R`VQD(HCY4Q6'W+*:@S)'>&)<%+C"!=07<>-U%PLW8?H:39 M"V9[C@G"*6370XQKPYOV@5=>?YJR[Q&F>V!I\`7%&ONZW*A>O@$;^?VY6QL` M[L%/,#UW=P$132'I!<@4L;^`>"69V`G_QXX!)QC(!_61_\K;579K,=%@>3C;[D)@E&;:PQ6$W+L[68D<9Y()T']J/`1"/H&8]# M/^;_'@N3-*MCZ,TT6LRBFWD_7/BKY7RH+2+J$+/L=)(=+6&IS^?[5 MO`HSUF"3FGWHGW0HNV6RT%HV&?=SPI>7Q1NM><`N!!"]P_F[@XO MQ,U?````__\#`%!+`P04``8`"````"$`_QSYBA@#``!Q"```&0```'AL+W=O M%."@JIFI#N5MJ5 M5JN]/#M@@E7`R'::]N]WC`.)25IU7Q*8G#F>,V<8LKA[:6KKF7!!69LB=^8@ MB[0Y*VB[2]'O7P\WM\@2$K<%KEE+4O1*!+I;?OZT.##^)"I"I`4,K4A1)667 MV+;(*])@,6,=:>&7DO$&2[CE.UMTG."B3VIJVW.?*X:QG' MVQITO[@!S@?N_N:"OJ$Y9X*5<@9TMB[T4G-LQS8P+1<%!06J[18G98KNW603 M(7NYZ/OSAY*#.+NV1,4.7S@MOM&60+/!)F7`EK$G!7TL5`B2[8OLA]Z`']PJ M2(GWM?S)#E\)W542W`Y!D-*5%*\9$3DT%&AF7JB82-7\UR#U2:1+O2`(91Q+7^RB)K0OJ M]658XN6"LX,%,P-'B@ZK"703(%;"?&B/+F.4^I92D*A([A5+BN;(@G0![CPO M`V^^L)^AI?D1L[K$>+X)60\0U4#%FPV!$Z]KIFP&A'(/)(VZH%GGNJX;-92O MP*K\X=R5#@#WJ,-+>N[_2F*B?)R\(`YBI MJ0T&Q+\-0M^90#(#$@1.'$>QV8R-`?'G\SAV3Z-I:`5=YV,U/"[OCY=*FFH- MS1)6&J.USCTWO)T`UAIP,BP[SXCBT(M/)??MVYQE&!JB2PT1//+O:U!)4PW1 M1(/&'/T*O0A$3);`VH!<]\N`A*X#1!-+8=.K8HX'7?=+KW*]ZAK"=V1-ZEI8 M.=NK->W#3(W1\0UR[ZG'81)?N0GLI&ULG%9;;YLP%'Z?M/]@^;V`";DJI&I7=:NT2=.TR[,#)E@% MC&RG:?_]CGT2DM"F3?O"]?-W.#ZBJ,HV@4UEPV%!EF^AP.510R$SBL4BB1<4M M^#>E;,V.K<[.H:NYOE^W%YFJ6Z!8RDK:)T]*29W-[E:-TGQ90>Y'EO!LQ^UO MGM'7,M/*J,(&0!>BT>>9I^$T!*;%/)>0P)6=:%&D](K-KAFCX6+N"_17BHTY MN":F5)NO6N;?92.@VM`GUX&E4O<.>I>[1S`X?#;ZUG?@IR:Y*/BZLK_4YIN0 MJ])"NX>0R`6;Y4\WPF104:`)XJ%CRE0%!N!(:NFF!E2$/_KS1N:V3.E@%`S' MT8`!G"R%L;?245*2K8U5]3\$^40=2;PE@?.6A`V#)!Z.)V>PA.C(![SAEB_F M6FT(S!K0-"UW(@6.'81TB!#>=);!Q:.GE(N^4'=@INZ([*]?XX%`F?EEF<"SCDB[J3 MP"K^=RX)1"F*Y:"9OVA!`S\O4>#)*H>WU4 M3LAT?CD=N"<;[WDQ'V)0EC$617O`D?#H/<(.W!?>SP\41@P*7YP.#-/P_,`. MW-?=3QC41TV[*N8K]$="]@QVCY2OS@>B4;0RI1 MP-`H&,/WIG'/P1NK6K]N+Y6%O<)?EO!O(&#UBP(`%TK9W8W;U;J_C<5_```` M__\#`%!+`P04``8`"````"$`W-AF)I,#``!\"P``&````'AL+W=O42>N28WVX\?-F>I'O21<^,!0ZDC"EL22* MY\R`?GT4E6[9BF0,7<'4PZF:)+*H@&(O:U+B%R@?<^@66`C"B:P`: MT?]:,[4(1W+X]DRUN^Z88=N-DFN>> M=^Q6H474M5$OQ+V%@?WYT/[;=A$<$3A;Y^^%8](6MY]=9^"O;'3!(GBH@KH5:R']_*!NR;80 M5\KJ/5(0[$AQ2G1G(0,I+S5JBZ:%N%(H5.AXM]1H1XR3!;L&,U#CQJC#7,C! M+CS="(9=Y`+-=C[QJNQG7*@QJUE:C&H)MM. M)JO)#,1D^$.8A&[V=-@+6=@!Q\NR_7(@RZULVO;4EV9'G;*+.\R%'`AU7\ZX MQ@_3CIO7H1.878/I]?YF96F+?S%?S5:+E\/8KF-G&_NS+K@Z\)CGN?82><)9 MA<+6;K4;OIJIJ/L`8TS%#OP;4P=1:B_G&6P-IE?0:94=A.R+D54]"NRE@0&F M?CS"E,OAUQI,`9Q):=H7]%LW-V__`P``__\#`%!+`P04``8`"````"$`S;"5 M^`P%``#<%```&0```'AL+W=O7-\,R,XPG>?/W(,^==E%4JBZWK3Z:N(XI$[M/BN'7_^?OYR])UJCHN]G$F M"[%U?XC*_;K[]9?-19:OU4F(VH$(1;5U3W5]7GM>E9Q$'E<3>18%O'.091[7 M\+(\>M6Y%/&^N2C/O&`Z77AYG!:NBK`NQ\20AT.:"":3MUP4M0I2BBRN@;\Z MI>>JBY8G8\+E0K4SGGEK3R(M-OL4\@`R^Z4XK!UG_PU#^:NM]LT!?HW M%9=*^]^I3O+R6YGNOZ>%@&I#G[`#+U*^HO7;'B6XV+.N?FXZ\&?I[,4A?LOJ MO^3E=Y$>3S6T>PX986+K_0\FJ@0J"F$F"B.1&0#`;R=/<6E`1>*/YN\EW=>G MK?NPF,P?IP\^V)T74=7/*89TG>2MJF7^GS+Y"-4'"=H@,Z!OWP\FP7+NSQ>? MB`*?UZ#`WR'*2!1/I=54B<5UO-N4\N+`T@/PZASC0O;7$+@KCTJF+]C/Z@4Y M8I`GC+)U'UT'2E%!D]]WP=+?>._0F*3UA-<\@>F).@\6#P,S*G`E-.7U((4^ M#RBQGL?U]G:X:$;<[F/"3ACX9Q3-M@3+!Q.?7?/,3`]7'DAC*%7O,#)Z^$Q& M:#8RHD)$!48%K@2#;#F_S@8+>7RUT6RP42&B`J,"5X+)MKC.!JMX/!N:X9;6 MN[%\[.,V:S!4GEF_6B(J,"IP33!ZNO@,&YJW+JR78:4LEX1->30V*C`J\$[` MNW0^K&"#$^YDO8:X*SS`UGO[KL*+*.^*\"J/QDL%1@7>"C9<*C`I<$XR:KDS&V[5$\[UUJ3P:&Q48%;@F&&P^-%KBLF(>[[XPG5E(`/'':E ME=5[91IZ/VPSS98:^N*"8S#0`,>MSOY:H28X(0K;$T#5V0IS%*X MKIBD.`PP:V@U7YGZ MY@?#GMTVOYM`W>,7\ZG"=<4$QG&@`6/S1]SY:HB8X&1'"OUNTG1N*R8\3 M1%N[X_:!`*^B>9#]*6Q-`U=D*LR++0"(P:IB1KQ)X:M1/0I6..@12QQNY*(\B M$EE6.8E\PP.>.3R(]FI_^/34%)'HH;^&DP<8`U0/UN$U?Q2LX3NL[6?!&K[* M@N[U@>!LZ1P?Q1]Q>4R+RLG$`="FDT=(IE2G4^I%+<_-X( M`@Y%IA,P'Z2LNQ?X`?VYY.Y_````__\#`%!+`P04``8`"````"$`*3^]P6\& M``!^&0``&0```'AL+W=O9BJ6OEK6A.U>UEI__].?JTUK6NSV^G_-KSTW_:__K)];]K7[E*6O08*MVZG7_K^[AM&5US*.N\6S;V\P3?GIJWS'CZV M+T9W;\O\-!C55\-:+E=&G56-L#%#:;T\5>(#"KK7E>:<_F7YFKG1COQT"]$]5 MOG?<_[7NTKS';77ZO;J5$&W($\K`<].\(FIZ0A`8&XIU-&3@SU8[E>?\[=K_ MU;PG9?5RZ2'=+GB$'/-/WX*R*R"B(+.P7*14-%?8`/RKU14J#8A(_G5XOE>G M_K+3[>7"L5QO;0)?>RZ[/JJ0IJX5;UW?U/]BEDFTL(I%5.!)558+UUO:/R)B M$Q%X$A&+V\G,Z@XQA"MSMC-V*V,&3[9!Y.6/G$3MX M,KLQQC.&<$J'C<*3&-H+TUFN4&IFS#;$#)[$;+.PUJ[I?L_0A/K#Y8`*$6=Z M/@D&KJ>A/(.\S_?;MGG7X,Q#P73W''40TT>RM##QMEFI/JI4*%&D\H1D=CH$ M#FJP@^/U96]YWM;X`D>B()R#RC%%QI$R4/TCV4`&0AF(9""6@40&4AG(.,"` ML+#80'7^'[%!,B@VU*L#!;A@28&@#&H2R$`H`Y$,Q#*0R$`J`QD'"(&`HRX$ M8KIKT5I`;.A/7"V8[E)T\(`Y)FY/*-5'!0D4)%202$%B!4D4)%60C$<$UZ%9 M":ZC\V&Y"W:P/WQ"D!`<,@@Q=T364E@PR87'2+(W(NG(2*PZ%"14D$A!8@5) M%"15D(Q'A$A!2)1(F>["`WR^7I#A$!GJSP$C+OXA'*I#00(%"14D4I!801(% M214DXQ'!9_B%$7R>=Q2Q142/`=)AK!=SQ5#+V@OU3%ZZ&!A$):)V)BP_2`9PHD M(H8$(WQ(%"0@R'BD0@6)%*M801)FQ8=$&EA21F(AX86$D*#A2HD)_B69B`), MCC0,@Z$8!P+9T)?8P;`6X[4 M*(Z$!:U]9*G!Q^I<_P]'.YJ/2(7B$7JLGHPD*I6J4"9`8JC0./@#H<+3(TPX M=+D#FG;@"#M\$"S'$7OJD;#LN4H)1A)5#RF$Z]0TS>52:ED1I3RHC*'/Q)0T MMWXR19JH5.RPC2O5A-CK1 M18@G_(:XI<3,H"F8S\QW6C@>FB'WM'@/)H:C]!C]60DT8VF*I0)D!@7-"GS-(-PQ'=J$&_ M@4Y"MQ^H4$BAN;Y!A!Z<4M(WE-42*LVWDHE*)(8S76)^?3'FL-ALS#\W]T?# M%C]F(!EIS,"04*,,>EQ%`5RD#FU_S=(0JE!$H3%9\0@]5D]&$DURJD+H,G?8 MPZ".XX4O9_'M5UVV+^6QO%X[K6C>T,4K&.RW#,:WPIGG9QODA(3#;?'3<)8E M_(!ND2?X!\N'NQ55YV#[%6:P-<^O$9,X!L?9FG`#191N/V^ MYR_E'WG[4MTZ[5J>(4G+X16BQ??G^$-/JONYZ>':>RCT"_R=HX0[I26ZICDW M34\_H`787T[V_P$``/__`P!02P,$%``&``@````A`*>JU=@*`P``OP@``!D` M``!X;"]W;W)K&ULK%;);MLP$+T7Z#\0O$>+M\2" M[O!F27MT^EP5Y MXDH+6:UIZ`64\"J1J:@.:_KSQ_W5#27:L"IEA:SXFKYP36\W'S^L3E(]ZIQS M0X"ATFN:&U-'OJ^3G)=,>[+F%;S)I"J9@4=U\'6M.$OM1V7A3X)@X9=,5+1A MB-0E'#++1,+O9'(L>64:$L4+9D"_SD6M.[8RN82N9.KQ6%\ELJR!8B\*85XL M*25E$CT<*JG8OH"ZG\,92SIN^W!&7XI$22TSXP&=WP@]KWGI+WU@VJQ2`16@ M[43Q;$VW810OJ;]967]^"7[2@WNB1&KR-9T&WOPZF(8`)WNNS;U`2DJ2HS:R_-V`PI:J(9FT)'!M M2>#N#?RTQ<.U2SKWPEFPP)SGW_F-9FO!'3-LLU+R1&"L0)6N&0YI&`%75WO# MT+OQ+S/`!239(LN:7E,"=6IHX-,FG-^L_"=P/6DQNU,V7MR(Q@Z"W6\T9@6%-B^+5QEH!_Y^`BD:NBC3C]6HSZ%?>@\63`$KC<`@2[R=O(P()AQ+$` M#Y_!PGU[!A'L9FHCLWXYQ,.(DVGYGDP(=C,U$9NHH6TVXF87*KDZ\)@7A2:) M/.(FNX0Q[*/]_K^=H-!1?`?G@K5J')]$\:OX:03KZIQG.XNV]GP9\\RCV&[X MX_@B@@DXY]E=1['=7\;XFPCFS^````__\#`%!+`P04 M``8`"````"$``X"7L=<"``!M!P``&0```'AL+W=OC,>;N^>J1$],*B[J!/N.AQ&KJ4AYG2?XQ_>'FS5& M2I,Z):6H68)?F,)WV_?O-FLJ6K"**$Y%:$U[AEB.5K.$26<V+Q?T%:=2 M*)%I!^C<5NAES;?NK0M,VTW*H0)C.Y(L2_#.CP\1=K<;Z\]/SLYJ](Q4(%QJZ'4)! MIJXX?;EGBH*A0.,$H6&BH@0!<$45-Y,!AI!G>S_S5!<)#M;..@R7T7H%-$>F M]`,WG!C1D]*B^M6B_(ZK90DZ%KAW+"LG6(=^&,&A_TI<=(EP[Q(7D1.NO(5_ M/=%MY5LW[HDFVXT49P03!OI40\R\^C&0]3:TF@=C_N8+&&)(=H8EP2N,H&(% MO7S:^N%RXSY!`VB'V5_!3!&''F'Z!O(&C>#.?]!H6(Q&TTLC>M\'_H@.9H)Z MQ%P0.='UF>F\,.,%P'7D33@_:MQB_'0XC[C".3,Q8ON5L`X;.0AVCP^>- MZ4">[=M,V6'X.&:(!OD3:3"RK[?%@*VTH1]=9&3".#(Y*9J>9*8V"`']QK$U M-%,-763:K=50KAT<6$LV;6$7C!W4=LVT/ZR*R9P=6%DJ1,7)K)`5.#M$A^VV M"TS^++Z'K6<-F,>#^'`5OXAA5"YY=LMX9[?GG">,#W:=S>-1MVW=X0-LNX;D M[`N1.:\5*ED&I7B.V6ZRW9?MBQ8->`@K3VA8<_:Q@+\U!E/L.0#.A-#]B_DA M#7^4V]\```#__P,`4$L#!!0`!@`(````(0!4AHD130,``+8)```9````>&PO M=V]R:W-H965T-4"Q8R53+YK4=:HL M_G*HN2"[$O;]',Y(UG'KES/ZBF6"2[Y7'M#Y1NCYGB,_\H%IORHS@@#X="J& MK0&.D&?]/+%<%8D[";QP%BP`[>RH5`\,&5TG.TK%JS\&$[9,AF/2&/=M%T'SV[=PILO@VF(R<\7^D:[MN*>*+)>"7YRH+]`GFP(=FL8 M`UGG@6'H7?F7*>`&DFR0)7&7K@,;EE#)IW4XBU;^$[B?M9CM!8R-2#L$%@WD M]1K!G/^@$5E0(Q8216^[P*OHR4A0AQ@+`J.&@BXW3.<-@A,7/E^]F0=VHJW! MA*8W4%PZC%AFS-Z3&\%06=C':_*SPK2@0-=M9BM+^Q\'#/.P!UG2H/.NMP7! M6EI?CS8R,&$8L3(M[$S8M;,`[N5WMBW2V!K:B%VM<5OTH'%?P`&XW@`$V\G; MR,"`8<0R`&?0^-A&(=Y3[_4`F6P9;<3V8-J77!^>M`>-/8AL96^?#03;R=O( MP(-AQ/(`9L.9"9.I]N!"UND<^KN]K7"AG59S0]6$SP[9AT`VQT2\PW383O(Q&\2U.O4OQ29Q>Q$]CN"S. M>3:S>&.FYSC!/$[U-L?Q19PN+A!MEW&J;\TQ_C:&+CA/O(WB-,*XWR^`J=F0 M`_U&Q('5TBGI'NP*/)QQPLQ=\Z)X`S;"\.0*!J;^6L#_(PH78N`!>,^YZEXP M0?^/:_T7``#__P,`4$L#!!0`!@`(````(0`3I?,4!0,``(X(```8````>&PO M=V]R:W-H965T&ULK%9=;YLP%'V?M/]@^;TA0/-1E*1*J+I- MVJ1IVL>S`R98!8QLIVG__>ZU@0')JG;:2\"7X^-SS[VVL[I]*@ORR)46LEI3 M?S*EA%>)3$5U6-,?W^^OEI1HPZJ4%;+B:_K,-;W=O'^W.DGUH'/.#0&&2J]I M;DP=>9Y.1?LZ3EMH,S^E(D2FJ9F0G0>4[H><:.A?DF3Q^Y..0&JCV#A#"O*'V^XSH!0X%F$LR0*9$%"(!?4@KL##"$ M/=GG2:0F7]-P/IDMIJ$/<++GVMP+I*0D.6HCRU\.Y#=4CB1H2.#9D,#;"_BP MP#0?+KAS&-_U"8J,^Y&!*=?_H@$G0:4A MKQ<*U8"FMH[A4&'PS+#K00")LA;Y-+]N#8"NMJT\3Z9G1CPQ6F@]7PBX. M9H!^8QLCS5!#$QE6;=FE:QLI[D#C/H$-\7H#$#QEI@QG4%JW<7'><-$FXDX]VX+]B%O4G:ON'"FY.O"8%X4FB3SBF7D#[%VT M.\ZW`>Z\47P'Q[Q-;QP/HO@B/HQ@1YSS;*^CK;TNQCRS*+:9C./S"*IVSK-; M1+$](<;X97,=>=T'N`YJ=N!?F#J(2I."9Y#Z=+(`RY6[4-S`R!H,ADM!&K@( M[&L.]SZ'S3V=`#B3TK0#[)_NG\3F-P```/__`P!02P,$%``&``@````A`%=A M9U*#`P``'@L``!@```!X;"]W;W)K3+=TX+(`:]H"5^V7!1$P:O8>;(2E&1Z M4)%[H>^/O8*PTJT98G$+!]]N64H?>'HH:*EJ$D%SHD"_W+-*MFQ%>@M=0<3S MH;I+>5$!Q8;E3+UI4M,"WG&8,5H.V.H-N%NPKB)`A=;SG7!OUB]"A[_QVYY\=/@F5?6$G! M;<@39F##^3-"GS(,P6#O;/2CSL`WX61T2PZY^LZ/GRG;[16D>P0KPH7%V=L# ME2DX"C2#<(1,*<]!`/PZ!6:;V"S><#*:CT7`\G0#-ADKUR)#3 M==*#5+SX7:."AJMF"1L6>#8LT6`T\:,`YKPV+FK&P;,=-[XVT*O5:S,>B"++ MN>!'!RH,Y,F*8+T&,9"U+M22.U_^9@OX@20K9%FX$]>!!4O(Y`D.K0$M0A;$!C5%W2Y9%IO M$+QPX??D36A[4V."NC907-*/&&8,WS,W@B&SL([3Y&>):4"^SIMM0?>QQS#T M.Y\,:5"RM]N"8"VMRT<3Z9G0CQ@SC^!V#Q!L3MY$>A[T(X8'>!%9.S<,Q@,\?-ZY>Y')E-%$3`_L MTNA`M@T`@\KJQ[&T;^4`QX75DK:D&G%T+:B&1CI MBU>?X/7U6]\X!14[FM`\ET[*#WBU!A&<.5VXOO?7@0\7O[Z[S[Y@2Z!7?O8E M;)L%ZPMT$2O=1%CQ-5*A3#L.1!?Q40Q'\CE^-8Q78,[YA_4H3G3;8$\PCN'P MN("?Q(F^FVS\-$ZFE_"S.)EAW.L&0'=2D1W]2L2.E=+)Z18L]G4%B+J_J5\4 MK\!Z:%&X@K9$_]U#'TKAVO%QYVPY5^T+3M!UMLL_````__\#`%!+`P04``8` M"````"$`VT>#[XX$```G$0``&````'AL+W=OQ`[2+M`%BJ+=?59DVA8BB8:HQ,G?]PQU M"4DI%Q5]L:WAS.'AF>&(]/KK% MZ\@J+@YQ)@J^<5^X=+]N?_UE?17E@SQS7CE`*.3&/5?59>5Y,CGS/)83<>$% M1HZBS.,*C^7)DY>2QP<5E&<>\_V9E\=IX=8(J_(S&.)X3!-^*Y+'G!=5#5+R M+*[`7Y[3BVS1\N0S<'EOB0BOP#B/LW2ZD6!NDZ>K+Z="E'&]QG6_1Q$ M<=)BJX<>?)XFI9#B6$T`Y]5$^VM>>DL/2-OU(<4*2':GY,>->Q.L]HRYWG:M M!/J1\JO4?COR+*Z_E>GAC[3@4!MYH@S<"_%`KM\.9$*PUXN^4QGXLW0._!@_ M9M5?XOH[3T_G"NF>8D6TL-7AY9;+!(H"9L*FA)2(#`3PZ>0IE084B9_5]S4] M5.>-R^:3Q70:S19SP-QS6=VEA.DZR:.L1/ZS]@H:K!J%-2CX;E#"2<2F\T6` M2=\+#)M`?+>!L\ET[H=O!'HU?:7&;5S%VW4IK@Y*#/SD)::"#58`:V6H.7?" MO*4+!"&0&T+9N'/7P8HEDOFT#=AB[3TA`4GCLQOP,3WVK0?E#?0ZCE#G?^!( M*,21-B$(I1,:KIE6&W+>N/C4M%F:$^UJGZ`N#B*WURV& M&-&8NM@[8RP:[]X50WA:!NAOJ/:'U4NJ86E"GLNJ! M^=B[(ZN!.H65D=9D"A'90C2!H7KIZLT[0*!.[0,AR-L2HC%I-:$PX34@!/4K M6XC9?$+OY+%:-*U/'4+J-T;0F$PMIK86G5>O**BA:>P^T*)I?SJ!QJ1KH9O, MHJ`^I-@;)E/V42TPZ/?`UJ2O[Z7[`0YZ[.7%]^=HRUMQ][))BM]MA]$+HW M,L>(.M[V1A8860S&+#&R'!IA/ABH*Y2-QNAFIL2W1P+$X(TXQ`TQ=;?NQ6"E M>,4,Q80843+V8B*,J+W8&YEB1%W7K!%<)V^&9T'`T.R4@"$[2`UQNHF`/Q@` M1D.$=LCC8!J1Q<$D(H>#*40&50*];L6XIE[B$_\>EZ>TD$[&CR@S7^V"LK[H MU@^5N*#"<5<5%>ZGZN<9?TAP7#]\.DD>A:C:!]K8W5\&PO=V]R:W-H965T&ULG%A=;Z,X%'U?:?\#XKT!VWQ634<#U>R.M".M5OOQ3(F3H(80`9W. M_/NU?1UL7]*6]&6FL8\OYYY[?0R^^_2C/7C?>3\TW7'MDU7H>_Q8=YOFN%O[ M__S]Y2;SO6&LCIOJT!WYVO_)!__3_:^_W+UT_=.PYWST1(3CL/;WXWBZ#8*A MWO.V&E;=B1_%S+;KVVH4/_M=,)QZ7FW4HO80T#!,@K9JCCY$N.V7Q.BVVZ;F M#UW]W/+C"$%Z?JA&P7_8-Z?A'*VMEX1KJ_[I^713=^U)A'AL#LWX4P7UO;:^ M_;H[=GWU>!!Y_R!159]CJQ^S\&U3]]W0;<>5"!<`T7G.>9`'(M+]W:81&4C9 MO9YOU_YGA-'$7B MF",3);PL_IF27.12BHC[O&(.H2ZBO("()HC#46AW/4>Y2+2"+4F(20)&];;2 MNK0&'`:1R^!M=21X[8OTIF(PDYAZ3@&03%4S"=%L:<_>Q"S*+LLBNAO+$KVZ M;\ZEDXNP+*@R!6`L6:P!1Y;$9?"V+!+LRD)"-F4&N@`F4;JP+$;3I3,=4S/M ML!+;`.OR?DO+19@=JDL!F$BQ2TU1H'7L29*93G.HR3/+);+H]"XE=&# M"PVR!+)'W*XHWXK$ M3@15(A*:>FA5['D:)^8MP25VE6V3N6_'9O]J8K8Q)V3FC3H&$(^3W)33)?8A MYR87K)N8U#5#VYYSBG9#J6/H7B>$&&E=AE<9.+G@X,2<#)H9@/2C:93E2-U2 MA]$(%L;$N)S+#MFZ?.%\_^0C8,Y.WQ/\2J!!=M_#LGG?TZM<7*'1Z8*W>Z%! M6H&(I*B\I0M@.34J.PK1JSQ>H3$W5)U"@RQEIA%Y!J?$+'"I2'NU[&%9L2B8 MLFT3=K-"2VD0N",SS:)F2V?VM1<5*@W88O?V8:C06"BTQPH-FHK(C`MH8K;I MWXC/-Q/!50[9^D+E+MB[M9&T_[J;.SXA^""DMN6SD,YVI#L?O[8A/V3Y](+E8P:% M!D&_12S+9BI"%`T(D^P5TZ?(]!=6^H+Y6[:D^\TV?Q)EL6EYW7XV(`TCX\MN MH3_D_!0LW#$3:IZ@*0((5*)IQE`GE#J*!K#4RL'A*$\BVU*6R:A6(6NQ/OR` MHP;I2M(D-Y4$&1T`"]/<;#F7(SH?%G*$;P'G!*7&]C5'`%GG!+-&7!;H:'C; M?-F%(X$B`0H-TD6B.3X4G'F24U-DE]E5QP(#0W?["W5XH4'ZL$*SY32+[ZW$ MC>1'N@G\Y(?#X-7=L[RW M).+"8!J%.]5"W*FJ"\A@FA!7FJ=JQ[]5_:XY#MZ!;\72<)4*J^_A4A1^C-U) M7;T]=J.XS%1_[L7E-1=7A>%*@+==-YY_2-&FZ_#[_P$``/__`P!02P,$%``& M``@````A`,=:D^&N!```.;O4TUS MZ\+K2UZ,J3YU7*>J^N;UEX\B5]YI56>LW*ADH:L*+5.VS\KC1OWQ=_RR4I6Z M2"U.FKUN:+)OG4JH2#'0Y92D.6OA6T;`1)1?.D M@?CK4W:N>[8B?82N2*K7M_-+RHHS4.RR/&L^6U)5*5+OV[%D5;++0?<'L9*T MYVY?9O1%EE:L9H=F`72:"'2NV=5<#9BVZWT&"GC:E8H>-NI7XL7$5K7MNDW0 M/QF]U)/O2GUBE]^J;/\]*RED&^K$*[!C[)5#O^VY"9RUF7?<5N#/2MG30_*6 M-W^QR^\T.YX:*+<-BK@P;_\9TCJ%C`+-PFC#2%D.`<"G4F2\-2`CR4?[O&3[ MYK11S>7"=G23`%S9T;J),TZI*NE;W;#B7P$B/*B!Q.A(X-F1$'U!+'WY!(?9 M<<"SXS"L9SFLC@.>O1CX^J`(D-MF`IZ]\_.96'8D\.Q5F`N'Z*[IW$VG)DK3 M5CI,FF2[KMA%@>D#R:_/"9^,Q`/BOL2B($/1?U9SJ!,G^Z+II M>JYW?I\%#D99(`-MFRA?0)RVPWGF`FP(L2'"AGABD&*%[GX\5@[>J$`UEL-! ML0K(JBVG8;J&B](82``T&$J#AN.:KDP?20"'6"A5\73\A=@K,G:4)!MFX50V M[V`3EKK;I>).2/Y*CL\7D*60;^NZL=)1AH+[D%!`K*'@$3;$$X.D"^;T5-=M M/1R,]*!\^P)BM7J6.IHU03_*EU[>F"$V1+V!S^Z9?]R/\OUD.H%@39FJ>*PZ MW$E6XX[%%Q-)0(0:P\6%Z4<'-;V!!S^#1_UH#X\G!DD-+%_/J^%.2`WJ=5]` MQBX)A*%K/@@8KX/8(<*&>&*0)/##&5KP[T\7[H0DH,7;%Q!1$%2LX,98>&,L MNC$67Q^3I+K_1RIW0E)1\GT!F51+&$2U3--"\D.,C[`AGA@D!006LN>KU7HA M#6B^^QVFZS#'0!J#;GP4&=[QB&8>\=0BR^(;\---2,2V/=VS\);D=Y@Q[*"S M"*&6[CHVWJEF/M',$D\MLA2^&T^DW%ZFB=B[)0GCR4.L;!U&!$R6!E[;NO%1 M8GC'(YIYQ%.++(?ONH_+$7NT)`>%ZQ.!&<,-.DO7>JN5,RL(=HEF)/'4(BO@ M^^GC"L3N*RG`!P$B,-U!R+)L"Y4LD!$S.9*_:=@KY!_)_HYC(8I8`MPZ#/'K MV1/JQ:XMJ#D M/;?'<.=N[=KP`W#E/2='^D=2';.R5G)Z@-#T!;^45>+2+%X:=FYO!SO6P&6W M_7J"/S&PO=V]R:W-H965TO::5;8E0,H*=GWGZS@*R"3'';W;D9 MIS]__LK*K`,%/OSQXW2L??>C.`C/CW6MT:K7_/,NW`?GM\?ZGU_M+_UZ+4Z\ M\]X[AF?_L?[3C^M_//W^V\-'&'V+#[Z?U,#A'#_6#TER,9O->'?P3U[<""_^ M&;YY#:.3E\"?T5LSOD2^MT\O.AV;>JO5;9Z\X%S/',SH,Q[AZVNP\ZUP]W[R MSTEF$OE'+X'XXT-PB='MM/N,WNUT\YTWLYA MY+TO20/LFEF@O,^#YJ`)3D\/^P!Z(-)>B_S7 MQ_JS9KJ:46\^/:0)^BOP/^+"_VOQ(?R81,%^$9Q]R#;4253@)0R_":FS%P@N M;K*K[;0"FZBV]U^]]V/BAA]3/W@[)%!N`WHD.F;N?UI^O(.,@DU#3\/8A4<( M`/ZMG0(Q-"`CWH_'N@X-!_OD\%AO=QM&K]760%Y[\>/$#H1EO;9[CY/P]'^X.!E2=S M@?]@ESX=3#,;ONELL+S$>WJ(PH\:+#&0YOCBB05+,S5PQGF0C5HY,ZHF!@QF MX?(L;![KT#\8\S',YN]/>F_PT/P.,W"7:X980Z+0\F=9B3PKQ@Q&)D MS(C-R(21*2,.(S-&YHPL&%DRLF)DS00[+X-0T@RW#A?F5MM.(=DIQ-A4JYL3@J59<3*B`X?JHXZN5D82Q&F MQ&9DPLB4$8>164:*=61D(:^Z$>)2BC#$%2-K1C:,;!EQ,W*E:N(8___+EKJ4 MZY:CPIHHB4H!'=Q6KFFWLI-I2^N0V:@$F"-;^B*92%+=TE09I6?@EF:46W*4 M`'UGTA?)7)+JEA;**&^)]&FI!.B[DKY(UI)4M[111M?[M%4"]'6E+Y#2?(;! MPD=&YU_O2M++R%#(CLL:;+]J?AHD"R.\$/8.J>+C([=29^,Q7M?/ADR[WS': M+;+2VRB">5!I/D'1K0BF2H0I=!#E$72,3D?OD0AF*+H5P1Q%MR)8*!%&L$2$ M.>CU!@.-[`DK%-V*8(VB6Q%LE`@CV"+"''1:@T&7/%=R450107GXB2,]O5=H MM^[<3\0!DFPH.2J=+`TR^4>Y"$Y+E<-EC$8P)*5(;Y&LVT(EOZ;C>?*)=J92 M@\EVL&4]'?(]73/ZI`.SF\W.I65U:$MLY&;W5C?;67^BG8W48/>VV'+6O>[` MT`/2.]Q[B"30=*QD"$08WRE6`JG-GH:@KKQMS M9"-2[A.%JMVG*%+N#D[=RT+^&$27]1F*5PBB^N5-JEN^*1BA2NT_%D=C1+@<7]^2 M\@8K%L/T?GB"3JJ]*4<.HKP]0^_"@M`KASY#T:WVYBA2[2TX6B+"_EW?;C[1 MOS4ZJ?8V'&T18?^T%G21;+`NBBKZ5QY%XFD,'46:H3:7K^$%QL+5PTIQQ1`V MY%XG0Z450Z+J>6&)-YI@I:M$C#FR$:E9-U&HVGV*(N7N<#1#I-SG"E6[+U"D MW)<X;%"GW+4?B#72:O\**D;U1SMZAG?SHS1_YQV-.^0R!\B^&'1.>S%[A MANE>U7=->)C%]8N^"4?V*WQ@PJ&0<[=OPM&0(["?:R!">=RSF=]$T[GG,_[ MYCSE35E1^,G`Q7OSEU[T%ISCVM%_A4&2[2M1]J.#?)/)5X:7,($?"Z2+Q`%^ M'.+#2]!6`P;A:Q@F^`EM_2`:;-*&>P`;7<$S=;N-HCBP'>]S4H;](/1D^Q]=V3.3Q\$2S^QBH+; M4">LP)[S9X0^I1B"Q=[9ZD==@2_"26E&CH7ZRD\?*3OD"LH]A1WAQJ+T[8'* M!!P%FM%XBDP)+T``?#HEP]8`1\BK?IY8JO*U&_JCR7@Z7P2`=_94JD>&G*Z3 M'*7BY4^#"AHNPS)N6.#9L,Q&T[D?:HXKZ\)F'3S;[%<7>D:]-N.!*+)9"7YR MH,-`GJP)]FL0`5GK@DG=^?(G6\`/)-DBR]J=NPYL6$(M7S;!+%AY+^!_TF!V M%S`V(FX16#:0UVD$<_Z#1F1!C5A*%+UK`[]%CP>"6L10$!C5%W2Y95IO$`S- M87DS2+0SF,#T!HJ+^Q'+C,G?Y$8P5!;V<:4P#C21G@G]B)5I9F?27;L,\*`VA^WFSD4F6T83L0LVZ7:L>R?N0,/6 M@#-PNP<(MI,WD9X'_8CE`0ZBP]/H16R"0V\\1< MH245!QK3HI!.PH\X*^`$;U9=V`RR7>"WDVSP"XRX[1COHT%\AZ/O4GP&ULK%;;CILP$'VOU']`O&^X9!,2 M%+)*6&U;J96JJI=G!TRP%C"RGPW*NV']<124Y+(B>\IA4\R;@HB8);L7=D+2A)]:*R<'S7G3LE897= M,(3B&@Z>92RACSPYE+12#8F@!5&@7^:LEAU;F5Q#5Q+Q?*CO$E[60+%C!5-O MFM2VRB3\LJ^X(+L"]OWJW9.DX]8W9_0E2P27/%,3H',:H>=[7CI+!YC6JY3! M#M!V2]`LLC=>&'NN[:Q7VJ#?C![EX+\EJ4S`4:"9^#-D2G@! M`N#7*AFV!CA"7O7UR%*51[8_F\P"=^H!W-I1J9X84MI6U%\Q7S@O8G[28[06,B8@[!%8-Y/4:P9S_ MH!%94"-6$D5ON\!)M#\2U"'&@L"HH:#+'=-Y@^#(AM^3-S/73+1M,%[3&R@N M'D8,,^YOR8U@J"SLXY3\K#`MR-5U6YK*XO[AD"'H088T:/OK;4&PEM;7HXT, M3!A&C$QS,Q-VK3\#](UMBS2FAC9B5"M8]-O5C1/WH'%?P`MPO0$(-I.WD8$! MPXAA``ZA\6OK!Y/;+4`B4T4;,2T8MT4/&ENP-(6]_VH@V$S>1@86#".&!3`; MSCQ8+/&LOK4--).IHPL9+BQ&KRV.)[V!J1XT^LAJQDUSQ)94[&E,BT):"3_@ M*($W?+WJP\VG/-L[L,-;.'\ MP786QGKDC1//0VC^"_@@C/7!.L8OPGAQ";\,XR7&G7X!3-::[.DW(O:LDE9! M,[#+G0103=',YN9&\1ILA/G*%';R@*9Z:+[9]QKKH;3-!_E:W_`@`` M__\#`%!+`P04``8`"````"$`!!1;3=<&``#5'0``&0```'AL+W=O+D_*CJG:ZJ M1.JWIS__>'A/TN_9(8IR!2R< MLT?UD.<74].R\!"=@JR37*(S7-DGZ2G(X6_ZJF67-`IV1:/34>MUNW?:*8C/ M*K=@IK?82/;[.(RF2?AVBLXY-Y)&QR"'_F>'^)*AM5-XB[E3D'Y_N_P5)J<+ MF'B)CW'^JS"J*J?0=%[/21J\'.&^?^K]($3;Q1]B_A2':9(E^[P#YC3>47K/ M(VVD@:6GAUT,=\"&74FC_:/ZK)N^;JC:TT,Q0/_&T7M6^ZUDA^1]GL8[-SY' M,-H0)Q:!ER3YSJ3.CB%HK)'65A$!+U5VT3YX.^9^\FY'\>LAAW`/X([8C9F[ M7],H"V%$P4RG-V"6PN0('8!/Y12SU(`1"7X6W^_Q+C\\JL9=9S#L&CK(E9R2(UI MD`=/#VGRKL!\@VAEEX#-7MW4P2`F!0^A2)./L@32@UEY9F8>U:&J0`)DD-H_ MGGK#P8/V`](Q+#5CJM&;B@DJ6.XQLU,9S&1@R6`N`UL&C@P6,EC*P)7!2@9K M&6QDX,E@*P._!C0(CX@1S)7?$2-FAL4(1W>,H!8T*2"HP"93&P7%N<'44"MK8:G==*EOH30J:$S`BQ")D38A/B$+(@9$F(2\B*D#4A&T(\0K:$^'72"`54 MT"^$@JFATD%<:W7J3HH%%PW@JQ+I]TW11(C$U"!D1HA%R)P0FQ"'D`4A2T)< M0E:$K`G9$.(1LB7$KY-&>."9W@@/?[QTV&/Z^J1A#8M(X?B..1GPE4DQ10B9 M$C(CQ")D3HA-B$/(@I`E(2XA*T+6A&P(\0C9$N+722,&L,!IQ.#ZP#-U<^`Y M,7KBP3$A9$K(C!"+D#DA-B$.(0M"EH2XA*P(61.R(<0C9$N(7R>-@8?ET!<& MGJF;`\_)H%C5%^NAB2!5:;KK-2O3M-3`8J(J7P.C*9H)$4XOBY`Y(38A#B&+ MDE2=7A+BBE:U+AI2%U="A%U<$[(AQ"-D2XA?$KY;JB^TV$Z7+H:+:I4?XO#[ M.($AA8%MF4$&+'KY4I@9:<:1DWH<"9F6I/%DZDFKA)D0X9!8A,P)L0EQ"%F4 MI!8U0ES1JA8UN8LK(<(NK@G9$.(1LB7$+PF-VNAW1(T9:4:-$Z-?E3U!J@$@ MLX]K!BP=8`_4U?O2Q!/7<7PL817)G!!;M"JM2ELK1UQ'&PMB8TF(*UJU]W4E MKJ/5-;&Q(<03K=K[NA77T:I?M]$HH&R;W9B0+1,/WCW@S"ODS2"6R("'8U4- M>U+)G*`**KE0D*!WIQ8>%=F&; M4_-.4H48MK%A=2?.)[X6V.2JKR6J*L,N1:M/?*VQR55?&U15OCR*MI_X\K') M1[Z:"<.V]E](&":7*@M'4F61"O.$;36AH7&]L@@1IN,,V_&YT=<[4BY8*/AH M>A1KD3FJJHEH4^0@XLX,J8XM\/)55TM45:Y/DS@`*!(&$@)40EHA1&B*F%*Z[`3 M%^UZAE2_++0.8J&2K<]15$U'FR*G1/VK#A?8\)K#)8HJARY%JYL"P(+`Z# MGHON27S,#HG88TOF/1->5[9PPX279Y0_]\UGZ#J],.Z;\#JGA0],>,5`N3LT M88O5PN]-6,13[@]-6,I3/AV9LU$+MTKP.*Y6;ZZ?U]OG2.D3[MWCLOG[=WF_:N_L?3YOG MHS79;Q[71VK_X?OVY[IA2R^;!^WQ[]/II<73_=1 M[]OS;K_^\DC]_BNHK>_9^_0/L'_:WN]WA]W7XQ797=N&8I^;U\UK4-GF\;) MC,"7W>X/(^T]&$2%KZ%T?!J!='_QL/FZ_O%XG.U^)IOMM^]'&NXZ]/U`#Z_\73UH0&G9'U7Z?/G]N'X_>/E]6;JWJC4@U( M?O%E7'_XW#L-""@.[+"8@+"G MG$[N&X%4J:MC'TQ_N[PI$12&C\0E="'ESS!S?B_5>LNV1_)42N;1(YY:3V M^KC^]&&_^WE!B9Z:='A9F]M&$(7DS-G(Y@Z7G\ZE)\I+QN6SL?EX24-%F>=` M.?7/3^%-\\/UGY0'[S/-'6H"7]%BA4EZQK:M04>#6(.N!HD&/0WZ&@PT&&HP MTF"LP42#5(.I!C,-YAHL-%AJL,J!:QIB-\XTM/_&.!L;,\X\0G<,<@.O!I45 M7*2M04>#6(.N!HD&/0WZ&@PT&&HPTF"LP42#5(.I!C,-YAHL-%AJL,H!;U`I MRWN#6CR%X&O4J&FRD+M&@WK%'ZP[JZ';$8]6"T@;2`=(#*0+)`'2`](',@`R M!#(",@8R`9("F0*9`9D#60!9`EGEB3>D=,M]QY`:-65NB@_)NPT]IE94IP\G M"FYK_L"WG(@'O@VD`R0&T@62`.D!Z0,9`!D"&0$9`YD`28%,@=QNK.D;I<*YJ[9`M(&T@$2`^D"28#T M@/2!#(`,@8R`C(%,@*1`ID!F0.9`%D"60%9YXHTES7.]L2P?0*/V!]`2N^0\ M37M:0-I`.D!B(%T@"9`>D#Z0`9`AD!&0,9`)D!3(%,@,R!S(`L@2R"I/O`&D M:>L[!M"H_0&TI'Y:]ML!=$12[DWH9]QVIJ$)6RXMUWU1QXGX5)G]NOS*JCPM&+4?59;DHPI(.R-^ M#-WX)ZCC1-SF&(RZ0!)7*G?-">PCOBPZC]^+`D'Q]` MVAGQXZ.AXL.)N,TQ&'6!)%"J!Z0/I09`AJZ4G-:PH7+ER(FXB6,PF@!)72FQ M#IHJPTZ=B*UG8#0'LG"E\M;JQ"Z=B*U7>2,O&,SVX3NBX23WPR%#^7A`U&8D M"[P.HIB1W-&ZB!)&XM5#U&(4D9Y^Z"I M$N545&P_8R3VS\@R,L+B-P*X?A]>__'W8ZF#20J MN*U4:0,NVY8S+BI.+/+B!%#;;$A3P?KI>Y"35P=1S$C.3A=1PDB\>HCZC,1K M@&C(2+Q&B,:,Q&N"*&4D7E-$,T;B-4>T8)1?B0=-=;M7BIICT99^?_EM9P2I-CYU*3X[:(N*6=Q@U3MN]0;5>:514 MAV/6T$WPK'>713=NTRE!U&-DJPO#\*8:J.KZK"FK;L`BJ6XH2)H95O2,A%59 MA^O-6W4JQZPHJW_"HK+SG1:)H$535C7M$`17Z@XT8T%9@^8L*FO00D0<`$M& MMO:;*Y5.5WS\3.5^L)L-L7<$>[9_)I?NG?G*B^*_1C=2%VIA14TD6IF*%MNB MPF"W5M6J"\@.N]/5FG-7]Z>8W:F\4VGW+HND[0DCJ;#WI@K[4O!\A0,6285# M1"-$8T030>RH]'LW/W MCGBT&WT4\5S=G?D6U<1COIEA12U%6IGJE>1KK4C$[ATN1Q-*%VEA18 M%HD*4FEVCK-46K]JJO0_8Y^RWLU95)Y+83R74HZ'>.4A/SC-5N0[@M/N7'K! M:9%*ENKNT3)?Y5,(OY(LG8A;WLG*U*,$YX7)RG?6X M,CJGN2M!S;W[7#!?(5P)`U:)_1#1"-$8T420M`MCTW511`6Q:56UVNE\AO6K MFKJ$9UQ9OGNZLCF+\AE)BQ8BXN%<(EIYR(]-BOSWQ*:1JP6*12IQJJE>*["J M5Q*G$W%G.ES.2YR!RF0QJ_+7.H1+EU62RA)&MRY5]S)4HT',!:B:.O2EH*CT MX`Q8)!4.$8T0C1%-!)VO,&61=&>:H?+NS*3@>?'@W4_+G/!?,5PH4Q8)74.$0T0C1&-!%T/DC2(E%!'LU&S.91 M6K"HV=B,;?*]TP$Y9U%Y&G7#+E$+:"56I/*CEC*/%[4%VSSTH*;;YS%RE48M MJDFN:`4.G3^5;1;),SX=1#$C<>\B2AB)5P]1GY%X#1`-$8T0C1%-!)WO=2HB M'J\IHAFBN:#S[@L1L?L2T-_GL/L[K.7PRSR=X@"=6]JF<"2NJ?LBI;LH3TU+2_()NQHJS^ M.8ND_@6B)2/>[%$3[!4?/U.5%\ZA_K)#WY(7NY=S>]NYI'>R\9->AO))3Y"< M2YW3VRR2>4X'4)V1G_QTDOM/OK^:27H1IE-9>$PD#-!5J9*O=8 M3AM1!U&,J(LH0=3+4+9L#H*;>BU0EUF?BY7-4`8LRDV_!.7Z##OHSDB0T0#1D)%XC1&-&XC41=+[7J8BXUU-$,T1S0>?=%R)B]R6BE8?\**%0 M\J*D?$X?&ODI&J1-84.%Z5VF\I[N#77::(F*F]Y&U$$4(^HB2A#U$/41#1`- M$8T0C1%-$*6(IHAFB.:(%HB6B%8>\D??;/J>N9V]$@AVN]B[A5F4?^@W!-1& MU$$4(^HB2A#U$/41#1`-$8T0C1%-$*6(IHAFB.:(%HB6B%8>\H?8[-/FA_B5 M<;7;NMZX6I2;=+1HPGM:?,G=K(VH@RA&U$64(.HAZB,:(!HB&B$:(YH@2A%- M$VCY4=4K MQS<]%17:G3AOL"WR!AM0.RM(3T7)*0Q#]>5!1U1\=F)$740)HAZB/J/\T$)3 MAZPJ;>I(5-S4,:()HA31%-&,4<%`TC[!OS"0QD5-F"VJUMP7,*W0(1DUO&JM MJ&Z_LZ3-'C71ZF0N).!3%8LQHRZB1`J>7HNM!&J7IB<"MNFCS4#0^5X,Q2JK M2_5B)`*N:RS&C":(4BE8W(NI"-AFYMGXU['94T&I'?!9GN2='>4 M17RHOJYHA9F*4K)3X=`[$;>\P^7L;I>ZP&,^2B'C7,-0)J\F+ MH*K>0RR/H)/!0G7!M#)5^?=W(N*3VF%WNY51T4_FQ5PDO[V`,<0J MF?PEC"0/];@N[Z9=4?'8EX(E,<2B_&U#!]I01-S=$3?A3'?'7*2TNQ-627=3 M1%-=E]HCFW&1B:I&KN+((O\[E%`E^596L/QY!1'QB>TPLI=, MO8Z!E%5_[JHY/;S=91NY/A-&N624H5>2D10L"Z2L6:7)B)VD52-&Y_H[9D%I M?R>L$N<4T921K:S6T)N`,Q:]FF97$0%7TE) M3B2AE+G31D'NMJ5V>&-VSU\].@-T6207:L(HGY>R"BD4I$+,2UE+RRH7P\7-SO?IA?AZJ;H'78_G3573VBUY2I\XI_#JO19VH9'J']P\AL M6A4=J=&1TS1:N;7#V\A,A[$,S74C,YW%(S0SCTV,$^M,*; MJ%5XI$U'S,H=R]`RDXX4N=&R/C+K/RQ#J_MH4'B$EO1T?HOJH34B'2ERHQ5X M9!9O6,^L$9DW8O#`O!&9]V+PP*(1T5NS!?PVHKX$9EW@;#(I!&9-X+P0$JGI*BU*05I46O39C0M:BV]<1:9]\D*:@@" M.E)4=[\1F;>@L,B@$9EWH?#`L!'1N]8%G"ZVHM8.FQ&]2EF@I]::E^N*C@1T MI*CNN!&9][^P2+<1F;?`\$!"85W4VH221E%KDV9$[Y06^%!KS9N&14<".E)4 M]UTCNBL\T&I$K<(#[49$;]]C'6U*?D6M;3>C3E%KZ97+R+QC6>!$D6#>JJ,C MURZ5T2_]O:R_;4;K_;?M\^'B_%6C_<

D?BR.])O_-$T M@GZZBW[3<4.__U&Y(O'7W>[(_S`5N%^)_/1_`0```/__`P!02P,$%``&``@` M```A`*^%0N*'!```_1```!D```!X;"]W;W)K&UL MK%C;CN(X$'T?:?\AROL0$NX(T>F>D66FUVLMS.AB(.HE1')KNOY]3=A)L MQ]W3&>T+D*KC\O&I4ES[QG5HJ4%VL_'`Q]CQ4)WZ?%<>W_\_?#Y[GO MB2HN]G'&"[;V7YGPOVQ^^[2Z\O))G!BK/$0HQ-H_5=5Y&00B.;$\%@-^9@4\ M!U[F<87'\AB(<\GBO1R49T$T'$Z#/$X+7T58EA^)P0^'-&'W/+GDK*A4D))E M<07^XI2>11,M3SX2+H_+I\OY<\+S,T(\IEE:O\"!8!(FU6^Q0K(-F]DAW6_EVXW$61'VQ6 M4J!_4W85VF]/G/CU]S+=?T\+!K61)\K`(^=/!/VV)Q,&!YW1#S(#?Y;>GAWB M2U;]Q:]?67H\54CW!"NBA2WWK_=,)%`480;1A"(E/`,!?'IY2J4!1>(7^7U- M]]5I[4?CP3B:S.8A\-XC$]5#2C%]+[F(BN?_*518QU)1HCH*ONLHHW?Q\,I9 M\=W@IX/);#B2DW8G"A1K*<)]7,6;5%BJ0P^=-.)VN@F?HGM28K0-C(G8-@M(%>BU'B/(_<*0HQ)%2 M2*2WC>%&.K((-0B;$(32";E+I=&&P&L?GYHV,W.BK<*$JB:(W$ZW&&*,^\Q- M8&06Z]`FMQ-3@X8R;W.3V:YUZA%N((,:ROWCLA!84FOS45LT$72+,=/4G(FJ M-@JG@QD&]*QU!8'/RVJ)IH%L,#4*T>UN$*%H,^M>! MC&3R:$RF"J&EP@UERX#M;)![7P>)M@BHAJBWA08EQ3&EH&9EUT,T^Q4I5-M# MUVBW)G40RI(IA=TN;ZB.%!BHD_N)%(2VI*A-6E$0&4(YI.C5(\.V2=Z66YO& MK0*[!B5-IO#4I33A?[*VNJ?IXM8F?6VZR9S-T?K"Z>176E_8[7V-"=+>7ABS MD5WR;W:_L%?[DV@KSWJ[DZ_I78-RY-G1`D<31.CY#@B[#;`QF4*,;2'>;(%A MKQXHT980>L^KA=!-1E%$CC8X7]!YM:\4,I+)I#&94DPL*6XH>^]'O=J@1%L$ MNFVP075K`E<%8S?*H\%(2N'8F*,)#CWJ""L'6A/774\=^^6QK$%)D\J!NEFH M0W7.RB/;L2P37L(O=&N(1IBA-:LKS3:*FCN-[0FGRQTV(33L>&;PR--KQS.' M9^X,47VX,P8K52^2CF<$S\@9 M;0R/[+.=,1-XI/26!Y?$.]E1+?N6B+GFH`2X["#EXG0W1GSG`#!R$=HBC\XT M(HO.)"*'SA0B@S*!0;LR7#[/\9']$9?'M!!>Q@XHLZ%\`93J^JH>*GY&.>,& MRBO<.N7/$_YF8+A=#.E4<."\:AYHS[9_7&Q^````__\#`%!+`P04``8`"``` M`"$`L9N:K0L#``#!"```&0```'AL+W=O3K)>95"4S<*L. MGJX59ZE=5!;>U/=#KV2BH@U#I-["(;-,)/Q!)L>25Z8A4;Q@!O3K7-2Z8RN3 MM]"53#T=ZYM$EC50[$4AS*LEI:1,HB^'2BJV+Z#NEV#.DH[;WIS1ER)14LO, M3(#.:X2>U[STEAXP;5:I@`K0=J)XMJ;;((J7U-NLK#^_!3_IP7^BL#UPD8"C23Z0*9$EF``/@EI<#)`$/8B[V>1&KR-9V%D\6M/PL`3O9! ME)0D1VUD^:#:D5S%SUH\7#M\>&F!UXBUM3\PPS8K)4\$Y@GD MZ)KA=`81D'1%-Q)[&_[E`I2/)%MD6=-;2J!`#9U[WDP7=ROO&>Q.6LSN'!.X MB+A#8)=`7J\1S/@/&I$%-6+G4/2N"PQ$CP1UB+$@,&HL:`;S=GE2.H]P$D?P`E2 MLP/_QM1!5)H4/(/2?3O!JCF#FALC:W`3SA%IX.RP?W/X5."P1_@3&/=,2M/= M8(+^XV/S%P``__\#`%!+`P04``8`"````"$`ZF/XT$`#``#4"0``&0```'AL M+W=O%WN-5[&]UNX2DK_OC)?XLH1`7Q!>SLPY,Z:76K__O5PL[`MJ4B3DXHW-+5?J+1OUQ\_K`Y?9OJ:-TDD$K8@"_;)DK7S-5F?7I*N)>-RW-QFO6TBQ9153+UU2VZJS MY.NNX8)L*ZC[V8](]IJ[>SA)7[-,<,D+Y4`Z5PL]K7GI+EW(M%[E#"I`VRU! MB]3>^,F=']KN>M49](?1@QQ]MV3)#Y\%R[^QAH+;T"?LP);S1X1^S?$(@MV3 MZ(>N`S^$E=."["OUDQ^^4+8K%;1[!A5A84G^88::,5R``/JV: MX6B`(^0YM0,@9KDJ4SN,G=G<"WV`6ULJU0/#E+:5[:7B]5\-\CM1.EVY;0"/!P*=U$`&<'(C*Z@E#M],*89A$QHPO^A03#8.A8?+'OYFEECHL[5 M<3W1E`B[.Y]C)R^8BG%=4WO#@C@T.#4FA*)'H*@'30H&PK&OJ".(0/3[K<4H M4\6L)]"5:\Q$A1^=L3T^57&5&QAGZH@-'1ICZ#CC!@RKZ4;D+1U(\;X?&`?O MQ-AQ/S)'08.F0F9G#,%;?/2B=6WQ(F=^<3XPL%/2S[X^,6B'D9E,P_*4-O3B M*V@Q<-H(?S9XK`="8PPA\[Y;$R$^W)>F`6%TL?HN;*HCB`<*K>,(F@J)O3-" M\(8R.Q%V=^Z%F?"/=]MD*.+A>CN*T2A#S&#=U!6\QPPQ5\TG3J8Q%L(T9Q,'"O^*^@A5I3D80+WJOCR9HT%3+?$!I+7I5ZGU44[&CGVA522OC M>UR#(6R8_K1?T9L`;U[S?)YL%F^=^WZR`5\@PNU#8*>V9$>_$[%CC;0J6@"9 MU[T20F]E_:!XV^W'+5>P3;NO)?Q[HK!^/`<&M^!&PO=V]R:W-H965TS+)O]\J]]UEF"'*2YSYNKK<=72YW/CA\_?3L?-SW0<*Y7_4/3 M7);#8;T]Y*>L'I27_`PC^[(Z90W\6;T,ZTN59[MVTNDX=$>CZ?"4%><^T["L M/J*CW.^+;>Z7V]=3?FZ8DBH_9@VLOSX4EUIH.VT_HNZ455]?+Y^VY>D"*IZ+ M8]'\:)7V>Z?M,GDYEU7V?`2[OSOC;"MTMW\0]:=B6Y5UN6\&H&[(%DIM7@P7 M0]#T^+`KP`)T>Z_*]ZO^D[-,W5E_^/C0.NC?(G^KM?_WZD/Y%E7%[H_BG(.W M(4X8@>>R_(JBR0X13!Z2V6$;@;^JWB[?9Z_'YN_R+!34#-P):MJ61U@`_-L[%9@:X)'L>WM]*W;-8=5WW<%D-O(<$.\]YW43 M%JBRW]N^UDUY^H\).5P54^)R)7#E2KSIW4H\K@2N'4INW'W,)\)5F#`;C-W) M;-[:<&,F6-@:#U)^>[5#EEQM MKOI9DST^5.5;#PH`I$]]R;"<.$M4*[*4>4KF[;6TA7Q%+4^H9M4'WT%&UK#7 MOCVZWO1A^`WVQY;+K*F,8TILA`1N!E3KVR"P06B#R`:Q#1(;I!H8@END;V#3 M_`K?H!KTC;!J+8#F+,L10D),\6T0V""T062#V`:)#5(-&(Z`C6\XHKN$B5Q` MZ54?_I6YX$Q&IH%K)N.P8H6AWA#B$Q(0$A(2$1(3DA"2ZL0P'4K7'::C-.PD M\*.TG>X#+C1JMXGCFI[9R%%=Q4P*&8N#BG;'XE"Z79S(JC4G6A0(\0D)"`D) MB0B)"4D(275B&`K5W#`4J]0$MNV=50K5F![@!,*O!6PNO=U6H8T4$H[S"0D( M"0F)"(D)20A)=6(X!:JMX93;NQ*E3=LYT:)/B$](0$A(2$1(3$A"2*H3PU#L MB/5GU&U#4=HTE!,SR`LKR%)(!IF0@)"0D(B0F)"$D%0GANW0'-QA.TJ;MG.B M!9D0GY"`D)"0B)"8D(205">&H=A\&):R3F2`3=3M@+G':D.1K+/F-#B$](0$A(2$1(3$A"2*H3TU1L M,W13?[;G9.T*/&W%EEWCDQ`,Y^8)2)04N*& M(;UAI)#29=\P5JJ4D+/PS!LF2DK<,%7:`9ENQ1[F5[B5]T*Z6SG2W4J0[S`$ M3A2K#2@*.=)"%%$4JXG*/^[8ZB(3)27NF!JZ3/_8K9Q68)I#L?VZ+B'VL*\Z MJHT'O1I_T9$MGKCEVN%(]PY!/I=R%YIWF)2&0JHKHBA6NG3O6&]3B9(22TT- M7:9WL/>RL\>#FMSA#7B3EN[@+9N>+!Q!WR+WDCNV=MP&3T)PI\)#7TK9N\17 M0L*"0*!YVSU[GIT3H1"`!\U5Q9$0NG7WN$O('1$O,T-&NK.9PAJGC3>'5ME9>,P(<@^*41=+V24YVT22CU")I+DNN98 MRHA9"2&I3DP/89-XAX=X3ZE[B".P1EKOCL=FY=U@7KZ?GE)(F!*(>2P]'<<9 MC:RB%0J1*PG1EIE(",$=Y"KM&,5=0AT)RE;)$]19#%PK'U*AY\J*S`!@IZH' MX.>J*.]W];@P9&:N]03>.$SH=N8*&144KAJ>3]*9[M@ZG@I1MQH>60J%`2GNDT'7ML1(2JTHH2@UD^`6RW/0+IJWV$S>QN`%SR15FN7 M(SW.!/E4*J`HI"BB**8HH2@UD&DS=L.ZS5@+W,D`\)UGM;#I[4>60!!V613= ML7U:JZ2$'WV*`HI"BB**8HH2BE(#F1["-EKWT#N[GW7=1E9PI&<%0;Y+4$!1 M2%%$44Q10E%J(--F;$%UF]NL\/!W[Z[W2T^]7\(/]"0+.%)E>R.D%/(I"B@* M*8HHBBE**,)O"=JEMHM@YK-O`]COK:>\>LDW^?%8][;E*_[N#_YZ?)"8?92P M=J?P54+;2)&1F?A>P1Y9+.%8%9+=YLYHB2>.'2.N"[K:0F//<3T8\3KGC&&D MK;YDS@1&6K.M$3BM@A5TS8&/+YXZ[P\?9;1Y;6E:XX*[5@7+[5KMTQCTMX]_ M6Q&LM6NI:_![I]O!ZYUZYDLXM.]P+9B,)T)T9`,CF\X1.'Y'72,>C'2Y*W;&,-)J&TJ'P<TA:UDI7[',6WE?S]NZY;.`SE+;3.\!G1SG\JCO"PK\ORT;\`8L:R@^9'O\' M``#__P,`4$L#!!0`!@`(````(0`25J@&PO=V]R:W-H M965T34Y/-B_WVX?'EZ\?3]O&_\_UZ[EX>YI^[+Y>/K/9G?ZWT__ M^S\??FY?_]Q]VVS>3DC#R^[CZ;>WM^^+\_/=_;?-\]WN;/M]\T(E7[:OSW=O M].OKU_/=]]?-W<.^TO/3N3.97)X_WSV^G'8:%J_OT;']\N7Q?N-N[W\\;U[> M.B6OFZ>[-^K_[MOC]QUK>[Y_C[KGN]<_?WS_S_WV^3NI^/SX]/CVSU[IZSJ_NV?=^U]`_?/C_>MVM_WR=D;JSKN.XIAOSF_.2=.G M#P^/-`(Q[2>OFR\?3_^8+M;SJ]/S3Q_V$[1^W/S<:9]/=M^V/X/7QX?T\65# MLTUV$A;XO-W^*42C!X&H\CG4]O<6*%]/'C9?[GX\O=7;G^'F\>NW-S+W!8U( M#&SQ\(^[V=W3C)*:,^=":+K?/E$'Z/^3YT?A&C0C=W_O?_Y\?'C[]O'4F9U= M32_,?A;+&&F;J"TCD8F9MI/+WV0-:C]L1H\EU/ZP#7>-R53FOZN>YH=G+/KBXOY MY;6PYEBS;(DI?3AR0H6[=>TJ,_YBD&R]J3+?U3L'R>:;T@?9T=E[!TG&ZCI* M'XX=)+E+5U?YS?@@'?86\8%[^DY/<]AOQ`?NZ;@%'78<\4%6&>S@>1(!\8$$0$(@$9`82`(D!9(! MR8$40$H@%9`:R`I(`Z0%LM:)84"Z\S(,**[VEW3K3Q6.O.`+3:9Q)2'/UGQQ M9L:792_$/N$"\8#X0`(@(9`(2`PD`9("R8#D0`H@)9`*2`UD!:0!T@)9Z\2P M-]V0&?8>OT`(:=.FDF@+%H@+Q`/B`PF`A$`B(#&0!$@*)`.2`RF`E$`J(#60 M%9`&2`MDK1/#@")CH]^>CQM02)L&E,1$!](`"0$$@&)@21`4B`9D!Q(`:0$4@&I M@:R`-$!:(&N=F"84NV;=A+^;VNIVW[3)XLOCK=AP"7/K:[9'ZO;W4FVC9#JK M$W+HTJ#=(U^8EV-/:B*',&.A>*)'NA8!<\8"`?-7RN4O3*3PEQ6/R)=*A_5 M!XA"K!@ABK%B@BA5%?7IMX)RIJ2XJSGJ*A"5JJ*NWHKFE9)B]37J6B%J5$5= MO371K9)B]6M#E^D\(C'T;P0CF6#2@Y&><]I?[9;B$:'I3ZY$VJ7-0^1CQ0!1 MB!4C1#%63!"E6#%#E&/%`E&I*NIVLP)NI:38;C7J6B%J5$5=O761;Y44JU\; MNDRW$/DC=(O]?N;MV^/]G[=;NEVA6]R!S(A\B8S+$>@*L6*$*$9=":(4*V:(92A50WG0G'1U!)F?%9J(74P5E8O:.=II?AF6J!K'5B>@VY MUC%>(\2M3)]$9HBT-AO+J90:6R&N$N*A>!*)]X[Z67(FUMVHSQ6I$4W*6DT! M2ZFP%2**&,DH>3.A?V:\CUE$;\YVX(2%5&LIH@Q1CJA02(W/;K`<$AH(>)TA M..!=G-G;SIKUC(UNQ4)C]FR4$-NS1;0VD.&W'1.BO$]+OCTN0BPEM!D9$9%*V;K25+C2TB5PGQ4#R)1/_[67*F5I3R MN:*^CL$[`I9282IDI'8N$;>HKQ&XHL>JHNJ7;9F$A52#*:(,48ZH4.AP@R4+ MJ>%4$CFCPZE5QBD=!BW:U)9%PUI]:^<2FBMJBH+B`N(H^13#5,IE=S^_F-SS+Z%=)>.`$+ MJ>9"1!$CN6N8S*ZOKJU%'+/,6',)"ZGF4H6442&&9"S%^Y:9_<9LSA)C[1:)M>RAB&.V/W?("'H]4G-INYPK53EJ#CQ$/B,5J`)$ M(2.E*T(4,U*Z$D0I(Z4K0Y0S4KH*A0Z/NE1"')8J1#6BE4*'M3=*B+6WB-8& M,KV$@M*HE[SK:8(CM%A!KT/Z!=Z96J%C*>NIUVY<(!X0'T@`)`0224(W`UU* M]/)B/K765RQD#MZ/)*`S[8FJ-1#!Y$S(AJ^O9]9./1]MMN@;80N7/1EIMI)" M=+V3*6#K@E./MKKJV^!6&R"MV01M>,W(N#[4@NF!M,48]E6 MYAB["G%KE4MD;IVMF[0E/:_>5YSU#N$B\A#YB`)$(:((48PH090BRA#EB`I$ M):(*48UHA:A!U"):&\@P]>RXM/=>W#0U(VT)(W(1>8A\1`&B$%&$*$:4($H1 M98AR1`6B$E&%J$:T0M0@:A&M#63:];BT,KT[;R]A1N82MK+G2R7%,=U%Y"'R M$06(0D01HAA1@BA%E"'*$16(2D05HAK1"E&#J$6T-I!I:I'0>_]5>-;E__2K M,"-]"4LIA5R4\A#YB`)$(:((48PH090BRA#EB`I$):(*48UHA:A!U"):&\BT MJTAC'F'7+NMIV%4BNGW#(E9IWF'M$C:$S41MMN[4H;2 M8?NW/"?V,TU/"?!$^;U>)@&04%63>JT,=J0$6$L,6I*>'!Y!JA0-CR!3`MQ2 MWNME4@`I5;7A$51*@+74NA9S^1Z7:9ICIHD1W<1J*]!ZI6[)4G2WU$NAS:5V M]>#-D_7D:R'6NO99J[GZK0>P`4LIM2$C]5)GQ"W11KSO(;ZCJBHJ*7L<"0N- M#3950FREC+O0^;PUV)PKC`ZV8"DUV!)1-=I2S14.M61ZD$@LO7^7-)=Y*.V) MH41D?#7QCO6,>RF%=.O8\^[V,CRC'JON'LY/[#_/\D6YUBAX3M=9%;HB5JC? M;PQXB:[6[F;2=U,U;.6#PPE%^6'AU*`PA)(93=AY23J@TV8#G%< MYFN.F2]&9DBQ`O62I<96F:N$>"(]B61(N;A`IY`].N3^^[_L#5!SR$B/*ITN M\4*9,H[]8G.L*BHIVR42%AH;;ZJ$>+R91`?'FW.=T?$6+*4'%CE1"E5F8W,Z MRMI\5Z5F-8<:,UU)9+R.B"TR0:;'E@Z9L<5^XC7OA'0;V;/O]C(\KYXDXD57 M95K'2L7[0JHOMK4&H#5BK;\(,&-:DU[KX9;37H;'DW'+H^/)A=3!\12@M012 M#;<#L>9`.Z9_B,S9$?XA$VVZ?TBD[S(`N7-`'B(?48`H1!0ABA$EB%)$&:(< M48&H1%0AJA&M$#6(6D1K`YEVI1AWC%V%N+5[E$A=NI?TW1-[*85<1!XB'U&` M*$04(8H1)8A21!FB'%&!J$14(:H1K1`UB%I$XDL^U$1W=NV^M*,[8_]Y\_IU ML]P\/>U.[K<_Q!=R7(E7-GOQB(7+S%)Z@Y))*]G^%`2575+*_&MDE M<=+E@*'&H9!]YH&1& M)?L7IJ!D3B5[?[5+:#B#HZ'!#([E>D%';PZ,A(8X.,(IC9`.`ARHX9`JRJ1A M"6W9%V)7CB6TZ5Z(?366T"9Y(?;!6$+;W(78R6()?8_,'X/S2%,_)']+$S\H M+Z9]2/]\\<>P0Y!'#CDD'71&+0^:8W:SN*64"PYB227+P1*72D3^$.M0LHNF M<4@;)1<7(@N%=2C'N$@&2RBQN!"I/JQ#F2J:^B%ME`=H!'<*W M$&?58`_H++Z%.+(&2^@`OH4X7F^H9$8E0[VF4[&H9*C7=#`2E0SUFD['H9*A M'M#)A`MQ6@_V@`XH7(A#>["$SBEDU'0U')4*_I M?"`J&>H!'=>X$.<580_HU,9%,%A"AS.V*.2H5Z'U&MQ.MI0G0LJ M&>HUG9!$)4-]HU,M%[>#)4LJ60Z6N%0BSJO$'M"Y@U0RU&LZ08Y*AGI-QX-1 MR5"OZ8PH*MGW^KR_/M`W6GV_^[K)[EZ_/K[L3IXV7^@"2XD/NIU^[;X3J_OE M3?Y5TN?M&WV7%=T\T;?7;>@+9B9G)/QENWWC7V@@Y_VWH7WZ?P$```#_ M_P,`4$L#!!0`!@`(````(0#ZIH$VBPD``(@P```9````>&PO=V]R:W-H965T MA-IH, M!_E^73QM]B\/P[_^9?UQ.QR4Q]7^:;4M]OG#\'=>#O]\_.<_[C^*PX_R-<^/ M`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`4H&M`D<%K@H\%?@J"%00JB!20:R"1`6I"K(.D`)""XP4D/Z[%L\-)OTP MI+]M;FBSB3S0BUJ&EC\^TDL@!A`3B`7$!N(`<8%X0'P@`9`02`0D!I(`28%D M72*%@A;L"T+!I&FEH[BVL("\8#X0`(@(9`( M2`PD`9("R;I$BA,],$AQ.KV0,FDY%@WI)`@0`X@)Q`)B`W&`N$`\(#Z0`$@( M)`(2`TF`I$"R+I$&GI[TI(%G":+/1I?G!S,DQZ0AS2G2$V[80%DH)2)R$)D(W(0N8@\1#ZB`%&(*$(4(TH0 MI8@R"0UB)82;MY'%`C%3E>G4_G&&0HI;BM"%"-* M$*6(L@;5796#RS:=W;SJ+'?'U\WZQZ*@$:8;3D^^3:FDT-1+F14EW1HD1F?) MWH@P*8&,!NGTY"("J8OZ0V7>%%)\="Q$-B('D8O(:U"G7SZB0"B>Z&HHI'A7 M(T0QH@11BBAK4%\@V:[T?P]DL[?MWL-J)%;))7LY4*V;8B`P0VN9:5UVTB?: ME3SCS<8("?"!LEJ[G-A`'*%65>4GVDRVZPH!;L4#*SZ00*@U=I7^AD*`VXW` M2@PD$6K]_4V%`+>;=:W(RG)XPHG/?E<2G@* M$(4G/45*&P+?L%$:7;LW8E2(WI8;6>`KBLY ML61OV+Y<"+B,F"6-:7;[^/DX&2G%1HM9[3B%":(:=-IN8/D14-9>)=:(W5ZT6B% M>*S,1J]9-*ZTD1)PBQLFU5/3`BP[7%&DG2L[Z[SHJ!XT/*YQTI7/I83=`%$H MN\+KBKC.26>`9?5HW2L1W$D'O67B`Q$)B(+D8W(0>0B\A#YB`)$(:(( M48PH090BRB0DQX+5B\Z_E>MU>8D**3QE%AS)*:,NWT***QJ(3$06(AN1@\A% MY"'R$06(0D01HAA1@BA%E$E(#@^K(5T0GKKD)(6G0=U4`630HTQU6Q92)B(+ MD8W(0>0B\A#YB`)$(:((48PH090BRB0DQX)5A;JQJ%X#3JOWY#T[I:G8*='9 M4/6AAZ/ZN"8[OK5$9"`R$5F(;$0.(A>1A\A'%"`*$46(8D0)HA01.UY;#6$U M7G58ZN.R]?F\77YXR9?Y=EL.UL4[.PI;E09:7)_37>A7_*"NVJ)-YAF]0:'% M"5KH<&]=$($6G5JJE5!MT=F!X"J7H(5T*-U[_.A3:IGVM-#IXF^]&JQC/?(+ MYJ*/DX->^U=DOZJ_J)V=S>G02$]7K^=T2*&'W\SI'7H/OYW32]L>?C>G=XK( MJ:@Y9V7&OI89M?3UB6J0-!I]+89V/6?E(+1&U9XY*^A@"]5KYJPD@RU4<:$> M]+4LJ`>+WAXLJ855)]$:59JI!WU72J5+:NG3H<+PG-44T1K5A^>LM$@MXS:4 M=`[\;?62AZO#RV9?#K;Y,R7'I'K?=*A/DM<_CL4;/6738?#B2`?`JZ^O=.(_ MIY5IPDXZ/!?%D?]@#MK_(7C\+P```/__`P!02P,$%``&``@````A`+"TT9=M M"0``Z"P``!D```!X;"]W;W)K&ULK)K;!^#!(G0]B>:!`Z(A"*V9UKC&6;:$`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`>A#N8Z6.@@TL%2!W$%*`&AX44) M2/U,QWU#6#\VZ:_L&[VV6M'CW,;(YS;1]"=`+"!3(#80!X@+Q`/B`PF`S("$ M0.9`%D`B($L@<94HH:"!^X90"&L:Z2BN,A8P3A5&[6P8,SIJI";EVXI$3PYD MBG,TF=S@G+#.G./>-BY(I54`L8!,@=A`'"`N$`^(#R0`,@,2`ID#60")@"R! MQ%6B5#Q-Q3=4O+!6*[X@U.ID.^F96DLHC3A>%I`I$!N(`\0%X@'Q@01`9D!" M(',@"R`1D"60N$J46-"BX(98"&LU%@6I=`(@%I`I$!N(`\0%X@'Q@01`9D!" M(',@"R`1D"60N$J4BJ?5G%+Q^=+N;D"]YO*$)1*J,(!\8$$0&9`0B!S(`L@$9`ED+A*E!C0ODF)P>6*%]9JQ>>D6Z[9)CJP=##5 M@:T#1P>N#CP=^#H(=##30:B#N0X6.HATL-1!7`%*/8O]IE+1_^L^1NBH(F]7L9,[W96X5-)U_[FVVCJZ[YIM*`*\HN=9DX)3F?DRN%LL.2MM%3<_*D M`>OZI2Z3H"3G:G+9%&2\SE%4JB^3$MIP+IQJ4M$;1EB MRZ>WC.[?KEW$T9\^@!>(5JAEY,V>5@L33DC+J=(*VTYVV-A?8;%0=,'1QAXTN>>!*(ZY"CU'A0;?7[9H#S0.?C2YY$+#1)0]FTH@] M"!EQ'0P&PZ&^<9ZST24/%FQTR8-(&K$'2T9VQSF;69,?F$;O7BN`?S';H)0\[UK(F5PLWOQB/HLK M\HE*&R[>DG/.B]6GCDB(W9N M(CY0D!6A\W5GL5&_3#=%9#.2ZHY$Y]5=-I+J'B*?D50/)#JO/F,CJ1XBFC.2 MZ@N)SJM';"35EXAB1IFZ&E-QS%&-J=AG]&\>%HK#DNJP4"!UDNJKBX*)^,8D MVHBF:?!H2!ZKK/1I?R"]A( MYC=#%#+B\M5/-U>4;\%*,K\(T9(1E\]H4Q&U"39FHS/E4UL136_0BHR>G%S^ M2#_.;5^J(X:0T4:,'"DC1HG.]PN+6E0VK,B*F"*R&YTAT7MUE(ZGN(?(9 M2?5`HO/J,S:2ZB&B.2.IOI#HO'K$1E)]B2AF5#-BB+.AZHCQ-[-`?I1$RV(> M\L?BLZP(L]SH31!9B*:(;$0.(A>1A\A'%"":(0H1S1$M$$6(EHAB!:G]CCJG M$@LQ>G?NQ;64XK;&]1^\A936]PI$>X1RQ45W,]1Q<&*45AQ@"]$4D8W(0>0B M\A#YB`)$,T0AHCFB!:((T1)1K"`E=*9^P'>Y&V7F:G@85;H1(@O1%)&-R$'D M(O(0^8@"1#-$(:(YH@6B"-$24:P@-1;B1*PZI(EN9':R;E03EHY8+(0C1%9"-R$+F(/$0^H@#1#%&(:(YH@2A"M$04*T@-BSC@JH:E)A:5 MU0-="818\!$9#4VY='[I+[\QM$L.;\DDV6Z/C77Z*2[TF7W:O90XOVTX-H8C MT8])0G]CMNDB8G:7$-Z(*XI9Q]3>T-W%;]E4J/$Q):BS'YLD5)=W9T1W"-"G M;UW2KTW0&\59D]0S[H_H4R<*C06^(:.($?BE!'?T)'A2)P*XALZXB,/ZMZ,R0-Q M>HYI)O1F4ON&/I&0!W4EI1-V>E.G1E\T1N+H&_.A#QLC<0).;UIET.B>Z&UL(*($`2B@``$````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M````````````````````G)%12\,P%(7?!?]#R7N;M%,9HM.OJ1)^$O(1S[I=S3\I%I^OD$YQ7C:E0GA&4@!&-5&97H>?U M,IVCQ`=N)*\;`Q4Z@$<+=GE1"DM%X^#1-19<4."32#*>"ENA?0B68NS%'C3W M6728*&X;IWF(5[?#EHMWO@-<$'*#-00N>>"X!Z9V(J(1*<6$M!^N'@!28*A! M@PD>YUF.O[T!G/9_#@S*F5.K<+!QIS'N.5N*HSBY.Z\F8]NV63L;8L3\.=ZL M'IZ&55-E^JX$(-;W4W,?5K'*K0)Y>V#=FZL3[_/ MZ4[*R^SN?KU$K"#Y=4KZLRX(S>?TBKR6^.0:Y]D$U&.`?Q-/`#;D_OGG[`L` M`/__`P!02P,$%``&``@````A`&11S\>6````J@```!````!X;"]C86QC0VAA M:6XN>&UL/([!"@(A%$7W0?\@;]\X,XN(4`<*^H+Z`'%>HZ!/\4G4WV>;-A<. M%\Z]:GFG*%Y8.632,`TC""27UT";AL?]=CB!X&9IM3$3:O@@PV+V.^5L=%=O M`XEN(-;@6RMG*=EY3):'7)!Z\\PUV=:Q;I)+1;NR1VPIRGDKRJ MS5>=II)9?OHYV51(.(Y&555P1@WN,O[#F9):9J9WNV901&%W,4)V:,UK`!!W'&2TT1.%^(KH#:I,VHUSI.*K-50W,2-73_!^F[3+HO5(- MELXPJ*GB5!BD96 M=K)E@@N''!-N"M!_LQE5QD%Y@%+8`7N6LU;(UO?HC:K4[?P! MC*5BDS"56I,9*#+/J?()N2RY:2K9-!GV@BTR'L^^FCAU0V;8:5Z(-SM8IE<\ M&W?%V_?D9RDBB1/B25(3PZ,%;Z[\Q";RN+O(*$T;B=.".(FY,[9%.2&=QNBZ M_SC[W)!/>\5]O+AZ81_/&<;3%1\H)\1??IN#$R&VRTZ$O`!?."&?BFQT.N3% M"?'ILA7`29#6E1/BE[*5WXF0X[H<7/!'5_J4BZ5^JA)Y@S?L]LUR.!DUYT^* MM_EV?3\1W>%S1176R22G>/*D6YO_%^P+Z[E]1L87@_/^CSX^2#IS4;A_,,;O M````__\#`%!+`0(M`!0`!@`(````(0!NZ_1[_P$``.<9```3```````````` M``````````!;0V]N=&5N=%]4>7!E&UL4$L!`BT`%``&``@````A`+55 M,"/U````3`(```L`````````````````.`0``%]R96QS+RYR96QS4$L!`BT` M%``&``@````A`'IDP"T8`@``_!@``!H`````````````````7@<``'AL+U]R M96QS+W=O&PO=V]R:W-H965T&UL4$L!`BT`%``&``@````A`-'LM>`( M!0``QQ,``!D`````````````````<1H``'AL+W=O&PO=V]R:W-H965TA'204``*T5```9`````````````````,LB``!X;"]W;W)K&UL4$L!`BT`%``&``@````A`!9GA,!7`@``.@4``!D````` M````````````2R@``'AL+W=O&PO=V]R M:W-H965T&UL M4$L!`BT`%``&``@````A`.R3BZ@?!```V0T``!D`````````````````?S`` M`'AL+W=O&PO=V]R:W-H965T&UL4$L!`BT`%``&``@` M```A`&*W^<_C!```J1$``!@`````````````````7SL``'AL+W=O&PO&PO&UL4$L!`BT`%``&``@````A`.:.\(S+`@``50<``!D````````````````` MU)D``'AL+W=O&PO=V]R:W-H965T&UL4$L!`BT`%``& M``@````A`-S89B:3`P``?`L``!@`````````````````4:,``'AL+W=O&PO=V]R:W-H965TQUP(``&T'```9```````````````` M`$2V``!X;"]W;W)K&UL4$L!`BT`%``&``@````A M`%2&B1%-`P``M@D``!D`````````````````4KD``'AL+W=O&PO=V]R:W-H965T&UL4$L!`BT`%``& M``@````A`%=A9U*#`P``'@L``!@`````````````````$<```'AL+W=O&UL4$L!`BT`%``&``@````A`-#8 M&PO=V]R:W-H965T&UL4$L!`BT`%``&``@````A`*8QLPL[$```:E(``!D` M````````````````3>D``'AL+W=O&PO M=V]R:W-H965T&UL4$L!`BT`%``&``@````A`.IC^-!``P``U`D``!D````````````````` MOP$!`'AL+W=O&PO=V]R:W-H965T&UL4$L!`BT`%``& M``@````A`/JF@3:+"0``B#```!D`````````````````AB$!`'AL+W=O&UL4$L!`BT`%``&``@` M```A`/`B210A`P``=@H``!``````````````````&#@!`&1O8U!R;W!S+V%P ;<"YX;6Q02P4&`````#(`,@"'#0``;SP!```` ` end XML 14 R33.htm IDEA: XBRL DOCUMENT v2.4.1.9
The Incentive Stock Plans - Incentive Stock Plans Option Activity (Detail) (USD $)
In Thousands, except Share data, unless otherwise specified
6 Months Ended 12 Months Ended
Mar. 31, 2015
Sep. 30, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]    
Restricted stock awards issued, Shares Available for Grant (111,000)us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod  
Stock Options [Member]    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]    
Shares Available for Grant, Beginning Balance 1,350,709us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
/ us-gaap_AwardTypeAxis
= us-gaap_EmployeeStockOptionMember
 
Options authorized, Shares Available for Grant 0us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
/ us-gaap_AwardTypeAxis
= us-gaap_EmployeeStockOptionMember
 
Options granted, Shares Available for Grant (290,000)us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod
/ us-gaap_AwardTypeAxis
= us-gaap_EmployeeStockOptionMember
 
Options cancelled/forfeited/expired, Shares Available for Grant 67,780hzo_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrantForfeituresAndExpirationsInPeriod
/ us-gaap_AwardTypeAxis
= us-gaap_EmployeeStockOptionMember
 
Restricted stock awards issued, Shares Available for Grant (111,000)us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
/ us-gaap_AwardTypeAxis
= us-gaap_EmployeeStockOptionMember
 
Options exercised, Shares Available for Grant 0hzo_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrantInPeriod
/ us-gaap_AwardTypeAxis
= us-gaap_EmployeeStockOptionMember
 
Shares Available for Grant, Ending Balance 1,017,489us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
/ us-gaap_AwardTypeAxis
= us-gaap_EmployeeStockOptionMember
1,350,709us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
/ us-gaap_AwardTypeAxis
= us-gaap_EmployeeStockOptionMember
Options Outstanding, Beginning Balance 2,226,319us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
/ us-gaap_AwardTypeAxis
= us-gaap_EmployeeStockOptionMember
 
Options granted, Options Outstanding 290,000us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
/ us-gaap_AwardTypeAxis
= us-gaap_EmployeeStockOptionMember
 
Options cancelled/forfeited/expired, Options Outstanding (67,780)us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
/ us-gaap_AwardTypeAxis
= us-gaap_EmployeeStockOptionMember
 
Options exercised, Options Outstanding (409,755)us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised
/ us-gaap_AwardTypeAxis
= us-gaap_EmployeeStockOptionMember
 
Options Outstanding, Ending Balance 2,038,784us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
/ us-gaap_AwardTypeAxis
= us-gaap_EmployeeStockOptionMember
2,226,319us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
/ us-gaap_AwardTypeAxis
= us-gaap_EmployeeStockOptionMember
Exercisable as of March 31, 2015, Options Outstanding 1,165,418us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
/ us-gaap_AwardTypeAxis
= us-gaap_EmployeeStockOptionMember
 
Aggregate Intrinsic Value, Beginning Balance $ 15,980us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
/ us-gaap_AwardTypeAxis
= us-gaap_EmployeeStockOptionMember
 
Aggregate Intrinsic Value, Ending Balance 29,381us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
/ us-gaap_AwardTypeAxis
= us-gaap_EmployeeStockOptionMember
15,980us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
/ us-gaap_AwardTypeAxis
= us-gaap_EmployeeStockOptionMember
Exercisable at March 31, 2015, Aggregate Intrinsic Value $ 18,837us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
/ us-gaap_AwardTypeAxis
= us-gaap_EmployeeStockOptionMember
 
Weighted Average Exercise Price, Beginning Balance $ 11.70us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
/ us-gaap_AwardTypeAxis
= us-gaap_EmployeeStockOptionMember
 
Options granted, Weighted Average Exercise Price $ 15.91us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
/ us-gaap_AwardTypeAxis
= us-gaap_EmployeeStockOptionMember
 
Options cancelled/forfeited/expired, Weighted Average Exercise Price $ 25.46us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
/ us-gaap_AwardTypeAxis
= us-gaap_EmployeeStockOptionMember
 
Options exercised, Weighted Average Exercise Price $ 6.64us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
/ us-gaap_AwardTypeAxis
= us-gaap_EmployeeStockOptionMember
 
Weighted Average Exercise Price, Ending Balance $ 12.85us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
/ us-gaap_AwardTypeAxis
= us-gaap_EmployeeStockOptionMember
$ 11.70us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
/ us-gaap_AwardTypeAxis
= us-gaap_EmployeeStockOptionMember
Exercisable at March 31, 2015, Weighted Average Exercise Price $ 11.30us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
/ us-gaap_AwardTypeAxis
= us-gaap_EmployeeStockOptionMember
 
Weighted Average Remaining Contractual Life 6 years 9 months 18 days 6 years 7 months 6 days
Exercisable as of March 31, 2015, Weighted Average Remaining Contractual Life 5 years 4 months 24 days  

XML 15 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; word-wrap: break-word; } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; overflow: hidden; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } XML 16 R25.htm IDEA: XBRL DOCUMENT v2.4.1.9
Net Income (Loss) Per Share (Tables)
6 Months Ended
Mar. 31, 2015
Earnings Per Share [Abstract]  
Basic and Diluted Net Income (Loss) Per Share

The following is a reconciliation of the shares used in the denominator for calculating basic and diluted net income (loss) per share:

 

     Three Months Ended
March 31,
     Six Months Ended
March 31,
 
     2014      2015      2014      2015  

Weighted average common shares outstanding used in calculating basic income (loss) per share

     23,845,302         24,544,272         23,779,913         24,409,969   

Effect of dilutive options and non-vested restricted stock awards

     —           721,585         —           695,293   
  

 

 

    

 

 

    

 

 

    

 

 

 

Weighted average common and common equivalent shares used in calculating diluted income (loss) per share

  23,845,302      25,265,857      23,779,913      25,105,262   
  

 

 

    

 

 

    

 

 

    

 

 

 

XML 17 R37.htm IDEA: XBRL DOCUMENT v2.4.1.9
Restricted Stock Awards - Additional Information (Detail) (USD $)
In Millions, unless otherwise specified
6 Months Ended
Mar. 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Unrecognized compensation cost related to non-vested restricted stock awards 2.1us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions
Minimum [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Vesting periods of restricted stock award 2 years
Maximum [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Vesting periods of restricted stock award 4 years
Restricted Stock Awards [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Weighted average period unrecognized compensation costs related to non-vested restricted awards are expected to be recognized 2 years 7 months 6 days
XML 18 R9.htm IDEA: XBRL DOCUMENT v2.4.1.9
New Accounting Pronouncements
6 Months Ended
Mar. 31, 2015
Accounting Changes and Error Corrections [Abstract]  
New Accounting Pronouncements
3. NEW ACCOUNTING PRONOUNCEMENTS:

In May 2014, the FASB issued Accounting Standards Update No. 2014-09, “Revenue from Contracts with Customers (Topic 606)” (ASU 2014-9), a converged standard on revenue recognition. The new pronouncement requires revenue recognition to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The guidance also specifies the accounting for some costs to obtain or fulfill a contract with a customer, as well as enhanced disclosure requirements. ASU 2014-9 is effective for annual reporting periods beginning after December 15, 2016, including interim reporting periods within that reporting period. Early adoption is not permitted. We currently do not believe the adoption of this standard will have a material impact on our consolidated financial statements.

 

EXCEL 19 Financial_Report.xls IDEA: XBRL DOCUMENT begin 644 Financial_Report.xls M[[N_34E-12U697)S:6]N.B`Q+C`-"E@M1&]C=6UE;G0M5'EP93H@5V]R:V)O M;VL-"D-O;G1E;G0M5'EP93H@;75L=&EP87)T+W)E;&%T960[(&)O=6YD87)Y M/2(M+2TM/5].97AT4&%R=%\V93!D-F8P9E\X8CDQ7S0P-3%?8F(P,U\T8F0W M83!C93DQ8C'!L;W)E&UL;G,Z=CTS1")U&UL;G,Z;STS1")U&UL/@T*(#QX.D5X8V5L5V]R:V)O;VL^#0H@(#QX M.D5X8V5L5V]R:W-H965T5]);F9O#I%>&-E;%=O#I%>&-E;%=O#I%>&-E;%=O#I.86UE/@T*("`@(#QX.E=O#I%>&-E;%=O#I.86UE/D-O;F1E;G-E9%]#;VYS;VQI9&%T961?4W1A=&5M M93$\+W@Z3F%M93X-"B`@("`\>#I7;W)K#I%>&-E;%=O5]"86-K9W)O=6YD/"]X.DYA M;64^#0H@("`@/'@Z5V]R:W-H965T4V]U#I%>&-E;%=O#I%>&-E M;%=O#I7;W)K#I%>&-E;%=O#I7;W)K#I7;W)K#I7;W)K#I.86UE/@T*("`@(#QX.E=O#I%>&-E;%=O#I.86UE/E-T M;V-K0F%S961?0V]M<&5N#I%>&-E;%=O#I. M86UE/@T*("`@(#QX.E=O#I.86UE/@T* M("`@(#QX.E=O#I% M>&-E;%=O#I.86UE/DYE=%]);F-O;65?3&]S#I7;W)K#I.86UE/@T*("`@ M(#QX.E=O#I%>&-E M;%=O#I.86UE/D)A#I.86UE/@T*("`@(#QX.E=O#I%>&-E;%=O#I. M86UE/E1H95]);F-E;G1I=F5?4W1O8VM?4&QA;G-?5&%B;#PO>#I.86UE/@T* M("`@(#QX.E=O#I% M>&-E;%=O#I.86UE/D5M<&QO>65E7U-T;V-K7U!U M#I.86UE/@T*("`@(#QX.E=O#I%>&-E;%=O#I.86UE/E)E#I.86UE M/@T*("`@(#QX.E=O#I%>&-E;%=O#I.86UE/DYE=%]);F-O;65?3&]S M#I.86UE/@T*("`@(#QX.E=O#I%>&-E;%=O#I.86UE/D-O;7!A;GE?0F%C:V=R;W5N9%]!9&1I=&EO;F%L7SPO>#I. M86UE/@T*("`@(#QX.E=O#I%>&-E;%=O#I.86UE/DEN=F5N=&]R:65S7T%D9&ET:6]N86Q?26YF;W)M83PO M>#I.86UE/@T*("`@(#QX.E=O#I7;W)K#I7 M;W)K#I7;W)K#I7;W)K#I7;W)K#I7;W)K#I7;W)K#I7;W)K#I7;W)K#I7;W)K#I7;W)K#I3='EL97-H965T($A2968],T0B5V]R:W-H965T3X-"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R=%\V93!D-F8P M9E\X8CDQ7S0P-3%?8F(P,U\T8F0W83!C93DQ8C<-"D-O;G1E;G0M3&]C871I M;VXZ(&9I;&4Z+R\O0SHO-F4P9#9F,&9?.&(Y,5\T,#4Q7V)B,#-?-&)D-V$P M8V4Y,6(W+U=O'0O:'1M;#L@8VAA2!) M;F9O2!);F9O'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@ M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$6UB;VP\+W1D/@T*("`@("`@("`\=&0@8VQA'0^34%224Y%34%8($E.0SQS<&%N/CPO'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R M(&-L87-S/3-$'0^/'-P86X^/"]S<&%N/CPO=&0^ M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@ M("`@/'1R(&-L87-S/3-$'1087)T7S9E M,&0V9C!F7SAB.3%?-#`U,5]B8C`S7S1B9#=A,&-E.3%B-PT*0V]N=&5N="U, M;V-A=&EO;CH@9FEL93HO+R]#.B\V93!D-F8P9E\X8CDQ7S0P-3%?8F(P,U\T M8F0W83!C93DQ8C'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQA'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@ M/'1R(&-L87-S/3-$&5S/"]T9#X-"B`@("`@("`@/'1D M(&-L87-S/3-$;G5M<#XS.3`\'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C M;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C M;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C M;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T* M("`@("`@/'1R(&-L87-S/3-$7!E.B!T97AT M+VAT;6P[(&-H87)S970](G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^ M#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT M/3-$)W1E>'0O:'1M;#L@8VAA'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$ M2!A;F0@97%U:7!M96YT+"!N970\+W1D/@T*("`@("`@("`\=&0@ M8VQA'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@ M/'1R(&-L87-S/3-$'!E;G-E'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$ MF5D+"!N;VYE(&ESF5D+"`R-2PP,#(L.#`W(&%N9"`R-2PT-C3PO=&0^#0H@("`@ M("`@(#QT9"!C;&%S2!S=&]C:RP@ M870@8V]S="P@-SDP+#DP,"!S:&%R97,@:&5L9"!A3PO=&0^#0H@("`@("`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`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0^/'-P M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^ M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^ M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L M87-S/3-$65E('-T;V-K('!U M'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C M;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C M;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T* M("`@("`@/'1R(&-L87-S/3-$"!W:71H M:&]L9&EN9RP@4VAA'0^ M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S&5R8VES92!O9B!S=&]C:R!O M<'1I;VYS+"!3:&%R97,\+W1D/@T*("`@("`@("`\=&0@8VQA'0^/'-P86X^/"]S<&%N/CPO M=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO M=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO M=&0^#0H@("`@("`\+W1R/@T*("`@(#PO=&%B;&4^#0H@(#PO8F]D>3X-"CPO M:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R=%\V93!D-F8P9E\X8CDQ7S0P-3%? M8F(P,U\T8F0W83!C93DQ8C<-"D-O;G1E;G0M3&]C871I;VXZ(&9I;&4Z+R\O M0SHO-F4P9#9F,&9?.&(Y,5\T,#4Q7V)B,#-?-&)D-V$P8V4Y,6(W+U=O'0O:'1M;#L@ M8VAAF%T:6]N/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M M<#XS+#@U,SQS<&%N/CPO'!E;G-E'0^/'-P86X^/"]S<&%N/CPO=&0^ M#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^ M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0^/'-P M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S2!F:6YA;F-I;F<@86-T:79I=&EE'0^/'-P86X^/"]S M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$7!E M.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@ M/&AE860^#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M5'EP92!C M;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA2!"86-K9W)O=6YD M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\9&EV/@T*(#QT86)L M92!S='EL93TS1"=&3TY4+5-)6D4Z(#$P<'0[($9/3E0M1D%-24Q9.B`G5&EM M97,@3F5W(%)O;6%N)SL@0D]21$52+4-/3$Q!4%-%.B!C;VQL87!S93L@5$58 M5"U44D%.4T9/4DTZ(&YO;F4[(%=/4D0M4U!!0TE.1SH@,'!X.R!7241/5U,Z M(#$[($Q%5%1%4BU34$%#24Y'.B!N;W)M86P[(%1%6%0M24Y$14Y4.B`P<'@[ M("UW96)K:70M=&5X="US=')O:V4M=VED=&@Z(#!P>"<@8V5L;'-P86-I;F<] M,T0P(&-E;&QP861D:6YG/3-$,"!W:61T:#TS1#$P,"4@8F]R9&5R/3-$,#X- M"B`\='(^#0H@/'1D('9A;&EG;CTS1'1O<"!W:61T:#TS1#0E(&%L:6=N/3-$ M;&5F=#X\8CXQ+CPO8CX\+W1D/@T*(#QT9"!V86QI9VX],T1T;W`@86QI9VX] M,T1L969T/CQB/D-/35!!3ED@0D%#2T=23U5.1#H\+V(^/"]T9#X-"B`\+W1R M/@T*(#PO=&%B;&4^#0H@/'`@'0M'1E;F1E9"!S97)V:6-E(&-O;G1R86-T M2!I;7!L96UE;G1E9"!P2P@3F5W#0H@66]R:RP@3F]R=&@@0V%R;VQI;F$L($]H M:6\L($]K;&%H;VUA+"!2:&]D92!)2!I;@T*(%1O6QE/3-$)TU!4D=)3BU"3U143TTZ(#!P M=#L@5TA)5$4M4U!!0T4Z(&YO"<^#0H@5V4@87)E M('1H92!N871I;VXF(W@R,#$Y.W,@;&%R9V5S="!R971A:6QE2!"&EM871E;'D@-#`E(&]F(&]U2`T,R4@;V8@0G)U;G-W:6-K)B-X,C`Q.3MS(%-E82!287D@ M8F]A=`T*('-A;&5S+"!D=7)I;F<@;W5R(&9I#L@0T],3U(Z(')G8B@P+#`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`^#0H@/'`@2!&;&]R:61A(&EN('=H:6-H('=E(&=E;F5R871E9`T*(&%P<')O>&EM871E M;'D@-#DE+"`U,24L(&%N9"`U,B4@;V8@;W5R(')E=F5N=64@9'5R:6YG(&9I M#L@0T],3U(Z(')G8B@P+#`L,"D[ M($9/3E0Z(#%P>"`G5&EM97,@3F5W(%)O;6%N)SL@5TE$3U=3.B`Q.R!-05)' M24XM5$]0.B`Q,G!X.R!,151415(M4U!!0TE.1SH@;F]R;6%L.R!415A4+4E. M1$5.5#H@,'!X.R`M=V5B:VET+71E>'0M$$P.SPO<#X-"B`\<"!S='EL93TS1"=-05)'24XM0D]45$]-.B`P<'0[ M(%=(251%+5-004-%.B!N;W)M86P[(%1%6%0M5%)!3E-&3U)-.B!N;VYE.R!7 M3U)$+5-004-)3D#L@0T],3U(Z(')G8B@P+#`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`^#0H@#0H@#0H@/"]D:78^/'-P86X^/"]S M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@(#PO=&%B;&4^#0H@(#PO8F]D M>3X-"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R=%\V93!D-F8P9E\X8CDQ M7S0P-3%?8F(P,U\T8F0W83!C93DQ8C<-"D-O;G1E;G0M3&]C871I;VXZ(&9I M;&4Z+R\O0SHO-F4P9#9F,&9?.&(Y,5\T,#4Q7V)B,#-?-&)D-V$P8V4Y,6(W M+U=O'0O M:'1M;#L@8VAA'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@ M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$6QE/3-$)T9/3E0M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ("=4:6UE M#L@ M+7=E8FMI="UT97AT+7-T#L@0T],3U(Z(')G8B@P+#`L,"D[($9/3E0Z M(#$P<'0@)U1I;65S($YE=R!2;VUA;B<[(%=)1$]74SH@,3L@34%21TE.+51/ M4#H@-G!T.R!,151415(M4U!!0TE.1SH@;F]R;6%L.R!415A4+4E.1$5.5#H@ M-"4[("UW96)K:70M=&5X="US=')O:V4M=VED=&@Z(#!P>"<^#0H@5&AE$$P.S,P+`T*(#(P,30N M($%C8V]R9&EN9VQY+"!T:&5S92!U;F%U9&ET960@8V]N9&5N$$P.S,Q+"`R,#$U(&%R92!N;W0@;F5C97-S87)I;'D@:6YD:6-A=&EV90T* M(&]F('1H92!R97-U;'1S('1H870@;6%Y(&)E(&5X<&5C=&5D(&EN(&9U='5R M92!P97)I;V1S+CPO<#X-"B`\<"!S='EL93TS1"=-05)'24XM0D]45$]-.B`P M<'0[(%=(251%+5-004-%.B!N;W)M86P[(%1%6%0M5%)!3E-&3U)-.B!N;VYE M.R!73U)$+5-004-)3D#L@0T],3U(Z(')G8B@P+#`L,"D[($9/3E0Z M(#$P<'0@)U1I;65S($YE=R!2;VUA;B<[(%=)1$]74SH@,3L@34%21TE.+51/ M4#H@,3)P=#L@3$545$52+5-004-)3D'0M'!E;G-E6EN9R!U;F%U9&ET960@ M8V]N9&5N'0@;W1H97)W:7-E(')E<75I#(P,4,[36%R:6YE36%X)B-X,C`Q1#L@;65A;B!-87)I;F5- M87@L($EN8RX@<')I;W(@=&\@:71S#0H@86-Q=6ES:71I;VX@;V8@9FEV92!P M#(P,40[("8C>#(P,4,[=V4L)B-X,C`Q1#L@)B-X,C`Q0SMU M#(P,40[(&UE86XL(&%S M(&$@8V]M8FEN960@8V]M<&%N>2P@36%R:6YE36%X+"!);F,N(&%N9`T*('1H M92`R-"!R96-R96%T:6]N86P@8F]A="!D96%L97)S+"!T=V\@8F]A="!B6QE/3-$)TU!4D=)3BU"3U143TTZ(#!P=#L@5TA)5$4M4U!!0T4Z M(&YO7!E M.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@ M/&AE860^#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M5'EP92!C M;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T* M("`@("`@/'1R(&-L87-S/3-$'0^/&1I=CX-"B`\=&%B;&4@ M#L@5TE$3U=3.B`Q M.R!,151415(M4U!!0TE.1SH@;F]R;6%L.R!415A4+4E.1$5.5#H@,'!X.R`M M=V5B:VET+71E>'0M#L@0T],3U(Z(')G8B@P+#`L M,"D[($9/3E0Z(#$P<'0@)U1I;65S($YE=R!2;VUA;B<[(%=)1$]74SH@,3L@ M34%21TE.+51/4#H@-G!T.R!,151415(M4U!!0TE.1SH@;F]R;6%L.R!415A4 M+4E.1$5.5#H@-"4[("UW96)K:70M=&5X="US=')O:V4M=VED=&@Z(#!P>"<^ M#0H@26X@36%Y(#(P,30L('1H92!&05-"(&ES#(P,40[("A!4U4@,C`Q-"TY*2P@82!C;VYV97)G960@2!A9&]P=&EO;B!I2!D;R!N;W0@8F5L:65V92!T:&4@861O<'1I M;VX@;V8@=&AI6QE/3-$)TU!4D=)3BU"3U143TTZ(#!P=#L@5TA) M5$4M4U!!0T4Z(&YO"<^#0H@)B-X03`[/"]P/@T* M(`T*(`T*(#PO9&EV/CQS<&%N/CPO7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S8VEI M(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@("`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`L,"D[($9/3E0Z(#$X<'0@)U1I;65S($YE=R!2;VUA M;B<[(%=)1$]74SH@,3L@34%21TE.+51/4#H@,'!T.R!,151415(M4U!!0TE. M1SH@;F]R;6%L.R!415A4+4E.1$5.5#H@,'!X.R`M=V5B:VET+71E>'0M$$P.SPO<#X-"B`\8G(@8VQA3X-"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R=%\V93!D-F8P9E\X M8CDQ7S0P-3%?8F(P,U\T8F0W83!C93DQ8C<-"D-O;G1E;G0M3&]C871I;VXZ M(&9I;&4Z+R\O0SHO-F4P9#9F,&9?.&(Y,5\T,#4Q7V)B,#-?-&)D-V$P8V4Y M,6(W+U=O'0O:'1M;#L@8VAA'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R M/@T*("`@("`@/'1R(&-L87-S/3-$'0^/&1I=CX-"B`\=&%B;&4@#L@5TE$3U=3.B`Q.R!,151415(M4U!!0TE. M1SH@;F]R;6%L.R!415A4+4E.1$5.5#H@,'!X.R`M=V5B:VET+71E>'0M'0M2!C;W-T2P-"B!N970@;V8@=F5N M9&]R(&-O;G-I9&5R871I;VX@86YD('!UF4@;W5R(&AI'!E6EN9R!V86QU92P@=&AE(&QO=V5R(&]F(&-O7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S8VEI M(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS M1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA7!E/3-$=&5X="]J879A6QE/3-$)T9/ M3E0M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ("=4:6UE#L@+7=E8FMI="UT97AT M+7-T#L@0T],3U(Z(')G8B@P+#`L,"D[($9/3E0Z M(#$P<'0@)U1I;65S($YE=R!2;VUA;B<[(%=)1$]74SH@,3L@34%21TE.+51/ M4#H@-G!T.R!,151415(M4U!!0TE.1SH@;F]R;6%L.R!415A4+4E.1$5.5#H@ M-"4[("UW96)K:70M=&5X="US=')O:V4M=VED=&@Z(#!P>"<^#0H@1D%30B!! M8V-O=6YT:6YG(%-T86YD87)D#(P,4,[05-#(#,V,"TQ,"TT,"8C>#(P,40[*2P@F%T:6]N+"!B92!R979I97=E9"!F;W(@:6UP86ER M;65N=`T*('=H96YE=F5R(&5V96YT6EN9R!A;6]U;G0@;V8@ M86X@87-S970@;6%Y(&YO="!B92!R96-O=F5R86)L92X@4F5C;W9E2!A=F%I;&%B;&4@:6YF;W)M871I;VX@86YD(')E87-O;F%B M;&4@86YD#0H@2!I;7!A:7)M M96YT(')E8V]G;FEZ960@:6X@86-C;W)D86YC90T*('=I=&@@05-#(#,V,"TQ M,"TT,"!I2!N;W0@8F4@'0M$$P.SPO<#X-"B`\=&%B;&4@#L@5TE$3U=3.B`Q.R!,151415(M4U!! M0TE.1SH@;F]R;6%L.R!415A4+4E.1$5.5#H@,'!X.R`M=V5B:VET+71E>'0M M'1087)T7S9E,&0V9C!F7SAB M.3%?-#`U,5]B8C`S7S1B9#=A,&-E.3%B-PT*0V]N=&5N="U,;V-A=&EO;CH@ M9FEL93HO+R]#.B\V93!D-F8P9E\X8CDQ7S0P-3%?8F(P,U\T8F0W83!C93DQ M8C'0O:F%V87-C3X- M"B`@("`\=&%B;&4@8VQA&5S/&)R/CPO"!$ M:7-C;&]S=7)E(%M!8G-T&5S/"]T9#X-"B`@("`@("`@ M/'1D(&-L87-S/3-$=&5X=#X\9&EV/@T*(#QT86)L92!S='EL93TS1"=&3TY4 M+5-)6D4Z(#$P<'0[($9/3E0M1D%-24Q9.B`G5&EM97,@3F5W(%)O;6%N)SL@ M0D]21$52+4-/3$Q!4%-%.B!C;VQL87!S93L@5$585"U44D%.4T9/4DTZ(&YO M;F4[(%=/4D0M4U!!0TE.1SH@,'!X.R!7241/5U,Z(#$[($Q%5%1%4BU34$%# M24Y'.B!N;W)M86P[(%1%6%0M24Y$14Y4.B`P<'@[("UW96)K:70M=&5X="US M=')O:V4M=VED=&@Z(#!P>"<@8V5L;'-P86-I;F<],T0P(&-E;&QP861D:6YG M/3-$,"!W:61T:#TS1#$P,"4@8F]R9&5R/3-$,#X-"B`\='(^#0H@/'1D('9A M;&EG;CTS1'1O<"!W:61T:#TS1#0E(&%L:6=N/3-$;&5F=#X\8CXW+CPO8CX\ M+W1D/@T*(#QT9"!V86QI9VX],T1T;W`@86QI9VX],T1L969T/CQB/DE.0T]- M12!405A%4SH\+V(^/"]T9#X-"B`\+W1R/@T*(#PO=&%B;&4^#0H@/'`@'0M#(P,4,[26YC;VUE(%1A>&5S)B-X,C`Q M1#L@*"8C>#(P,4,[05-##0H@-S0P)B-X,C`Q1#LI+B!5;F1EF4@9&5F97)R960@=&%X(&%S2!D:69F97)E;F-E&ES=&EN9R!A`T*(&)A"!A M2!D M:69F97)E;F-E'!E8W1E9"!T;R!B M92!R96%L:7IE9"!B>2!C;VYS:61E#L@0T],3U(Z M(')G8B@P+#`L,"D[($9/3E0Z(#$P<'0@)U1I;65S($YE=R!2;VUA;B<[(%=) M1$]74SH@,3L@34%21TE.+51/4#H@,3)P=#L@3$545$52+5-004-)3D'0M"!A&%B;&4@:6YC;VUE(&EN('!R:6]R(&-A&%B;&4@:6YC;VUE+B!!&%B;&4@:6YC;VUE(&EN('!R:6]R#0H@8V%RF%T:6]N(&]F#0H@;W5R(&1E9F5R"!A0T*(&1I9F9I M8W5L="!T;R!P"!A#L@0T],3U(Z(')G8B@P+#`L,"D[($9/3E0Z(#$X M<'0@)U1I;65S($YE=R!2;VUA;B<[(%=)1$]74SH@,3L@34%21TE.+51/4#H@ M,'!T.R!,151415(M4U!!0TE.1SH@;F]R;6%L.R!415A4+4E.1$5.5#H@,'!X M.R`M=V5B:VET+71E>'0M$$P.SPO M<#X-"B`\8G(@8VQA3X-"CPO:'1M;#X-"@T*+2TM+2TM/5]. M97AT4&%R=%\V93!D-F8P9E\X8CDQ7S0P-3%?8F(P,U\T8F0W83!C93DQ8C<- M"D-O;G1E;G0M3&]C871I;VXZ(&9I;&4Z+R\O0SHO-F4P9#9F,&9?.&(Y,5\T M,#4Q7V)B,#-?-&)D-V$P8V4Y,6(W+U=O'0O:'1M;#L@8VAA7!E(&-O;G1E;G0],T0G=&5X="]H=&UL.R!C:&%R'0^/&1I=CX-"B`\=&%B;&4@#L@5TE$3U=3.B`Q.R!,151415(M4U!!0TE.1SH@;F]R;6%L.R!4 M15A4+4E.1$5.5#H@,'!X.R`M=V5B:VET+71E>'0M6QE/3-$ M)TU!4D=)3BU"3U143TTZ(#!P=#L@5TA)5$4M4U!!0T4Z(&YO#(P,4,[06UE;F1E9"!#2!E;G1E'1E;G-I;VX@9F]R('1W;R!O;F4M>65A M<@T*('!E#L@0T],3U(Z(')G8B@P+#`L,"D[ M($9/3E0Z(#$P<'0@)U1I;65S($YE=R!2;VUA;B<[(%=)1$]74SH@,3L@34%2 M1TE.+51/4#H@,3)P=#L@3$545$52+5-004-)3D'0M6QE M/3-$)TU!4D=)3BU"3U143TTZ(#!P=#L@5TA)5$4M4U!!0T4Z(&YO"<^#0H@061V86YC97,@=6YD97(@=&AE($%M96YD960@0W)E M9&ET($9A8VEL:71Y(&%R92!I;FET:6%T960@8GD@=&AE#0H@86-Q=6ES:71I M;VX@;V8@96QI9VEB;&4@;F5W(&%N9"!U2!O2!W:6QL(&UA M='5R92`S-C$F(WA!,#MD87ES(&9R;VT@=&AE(&1A=&4@=V4@86-Q=6ER92!T M:&4-"B!U2X@16%C:"!A9'9A;F-E(&ES('-U8FIE8W0@ M=&\@82!C=7)T86EL;65N="!S8VAE9'5L92P-"B!W:&EC:"!R97%U:7)E2!D;W=N('1H92!B86QA;F-E(&]F(&5A8V@@861V86YC92!O M;B!A#0H@<&5R:6]D:6,@8F%S:7,@7!E(&%N9"!V86QU92!O9B!T:&4@:6YV96YT;W)Y+B8C>$$P.U1H M90T*(&-O;&QA=&5R86P@9F]R('1H92!!;65N9&5D($-R961I="!&86-I;&ET M>2!I2X\+W`^#0H@/'`@$$P.S,Q+"`R,#$U+"!O=7(@:6YD M96)T961N97-S(&%S&EM871E;'D@)#$V-2XS(&UI;&QI;VXN($%S(&]F($UA6QE/3-$ M)TU!4D=)3BU"3U143TTZ(#!P>#L@5TA)5$4M4U!!0T4Z(&YO"<^#0H@)B-X03`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`L,"D[($9/3E0Z(#$X<'0@)U1I;65S($YE=R!2;VUA;B<[ M(%=)1$]74SH@,3L@34%21TE.+51/4#H@,'!T.R!,151415(M4U!!0TE.1SH@ M;F]R;6%L.R!415A4+4E.1$5.5#H@,'!X.R`M=V5B:VET+71E>'0M$$P.SPO<#X-"B`\8G(@8VQA3X-"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R=%\V93!D-F8P9E\X8CDQ M7S0P-3%?8F(P,U\T8F0W83!C93DQ8C<-"D-O;G1E;G0M3&]C871I;VXZ(&9I M;&4Z+R\O0SHO-F4P9#9F,&9?.&(Y,5\T,#4Q7V)B,#-?-&)D-V$P8V4Y,6(W M+U=O'0O M:'1M;#L@8VAA'0@0FQO8VL@6T%B'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R M/@T*("`@("`@/'1R(&-L87-S/3-$6QE/3-$)T9/3E0M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ("=4:6UE#L@+7=E M8FMI="UT97AT+7-T#L@0T],3U(Z(')G8B@P+#`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`Q-"!A;F0@,C`Q-2X\+W`^#0H@/'`@$$P.S,Q+`T*(#(P,30@86YD M(#(P,34L('=A2X@5V4@8W5R3X-"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT M4&%R=%\V93!D-F8P9E\X8CDQ7S0P-3%?8F(P,U\T8F0W83!C93DQ8C<-"D-O M;G1E;G0M3&]C871I;VXZ(&9I;&4Z+R\O0SHO-F4P9#9F,&9?.&(Y,5\T,#4Q M7V)B,#-?-&)D-V$P8V4Y,6(W+U=O'0O:'1M;#L@8VAA7!E(&-O;G1E;G0],T0G=&5X="]H=&UL.R!C:&%R'0^/&1I=CX-"B`\=&%B;&4@#L@5TE$3U=3.B`Q.R!,151415(M4U!!0TE.1SH@;F]R;6%L.R!4 M15A4+4E.1$5.5#H@,'!X.R`M=V5B:VET+71E>'0M#L@ M0T],3U(Z(')G8B@P+#`L,"D[($9/3E0Z(#$P<'0@)U1I;65S($YE=R!2;VUA M;B<[(%=)1$]74SH@,3L@34%21TE.+51/4#H@-G!T.R!,151415(M4U!!0TE. M1SH@;F]R;6%L.R!415A4+4E.1$5.5#H@-"4[("UW96)K:70M=&5X="US=')O M:V4M=VED=&@Z(#!P>"<^#0H@1'5R:6YG($9E8G)U87)Y(#(P,3,L(&]U#(P,40[*2!T;PT*(&EN8W)E87-E('1H92`Q+#(P,"PT M-38@2`R,#$Q+"!O=7(@F4@ M;W5R(#(P,3$@4&QA;BP@=VAI8V@@#(P,4,[,C`P-R!0;&%N)B-X M,C`Q1#LI+B!/=7(@,C`Q,0T*(%!L86X@<')O=FED97,@9F]R('1H92!G#(P,4,[87=A2!B92!S971T M;&5D(&EN(&-A&EM=6T@969F;W)T$$P.W-H87)E$$P.W1H92!N M=6UB97(@;V8@6UE;G0@;V8-"B!T:&4@87=A&5R8VES92!P0T*('1H92!" M;V%R9"!O9B!$:7)E8W1O6QE/3-$)TU!4D=)3BU"3U143TTZ(#!P M=#L@5TA)5$4M4U!!0T4Z(&YO"<^#0H@5&AE(&9O M;&QO=VEN9R!T86)L92!S=6UM87)I>F5S(&]P=&EO;B!A8W1I=FET>2!F$$P M.S,Q+"`R,#$U.CPO<#X-"B`\<"!S='EL93TS1"=-05)'24XM0D]45$]-.B`P M<'0[(%=(251%+5-004-%.B!N;W)M86P[(%1%6%0M5%)!3E-&3U)-.B!N;VYE M.R!73U)$+5-004-)3D#L@0T],3U(Z(')G8B@P+#`L,"D[($9/3E0Z M(#$R<'0@)U1I;65S($YE=R!2;VUA;B<[(%=)1$]74SH@,3L@34%21TE.+51/ M4#H@,'!T.R!,151415(M4U!!0TE.1SH@;F]R;6%L.R!415A4+4E.1$5.5#H@ M,'!X.R`M=V5B:VET+71E>'0M$$P M.SPO<#X-"B`\=&%B;&4@#L@5TE$3U=3.B`Q.R!,151415(M4U!!0TE.1SH@;F]R;6%L.R!415A4 M+4E.1$5.5#H@,'!X.R`M=V5B:VET+71E>'0M6QE/3-$)T9/3E0M4TE:13H@.'!T.R!&3TY4+49!34E,63H@)U1I;65S($YE M=R!2;VUA;B$$P.R8C>$$P.SPO=&0^#0H@/'1D M('-T>6QE/3-$)T)/4D1%4BU"3U143TTZ(')G8B@P+#`L,"D@,7!T('-O;&ED M)R!V86QI9VX],T1B;W1T;VT@8V]L$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF M(WA!,#L\+W1D/@T*(#QT9"!S='EL93TS1"="3U)$15(M0D]45$]-.B!R9V(H M,"PP+#`I(#%P="!S;VQI9"<@=F%L:6=N/3-$8F]T=&]M(&-O;'-P86X],T0R M(&%L:6=N/3-$8V5N=&5R/CQB/D%G9W)E9V%T93QB$$P.SPO=&0^#0H@/'1D('9A;&EG M;CTS1&)O='1O;3XF(WA!,#LF(WA!,#L\+W1D/@T*(#QT9"!S='EL93TS1"=" M3U)$15(M0D]45$]-.B!R9V(H,"PP+#`I(#%P="!S;VQI9"<@=F%L:6=N/3-$ M8F]T=&]M(&-O;'-P86X],T0R(&%L:6=N/3-$8V5N=&5R/CQB/E=E:6=H=&5D M/&)R("\^#0H@079E$$P.SPO=&0^ M#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF(WA!,#LF(WA!,#L\+W1D/@T*(#QT M9"!S='EL93TS1"="3U)$15(M0D]45$]-.B!R9V(H,"PP+#`I(#%P="!S;VQI M9"<@=F%L:6=N/3-$8F]T=&]M(&-O;'-P86X],T0R(&%L:6=N/3-$8V5N=&5R M/CQB/E=E:6=H=&5D/&)R("\^#0H@079E$$P.R8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF M(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT@86QI9VX],T1R:6=H M=#XQ+#,U,"PW,#D\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT@;F]W$$P.R8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O M='1O;3XF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^)B-X03`[ M/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M(&%L:6=N/3-$$$P.R8C M>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF(WA!,#LF(WA!,#L\ M+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^)#PO=&0^#0H@/'1D('9A;&EG M;CTS1&)O='1O;2!A;&EG;CTS1')I9VAT/C$Q+C

$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS M1&)O='1O;2!A;&EG;CTS1')I9VAT/C8N-CPO=&0^#0H@/'1D('9A;&EG;CTS M1&)O='1O;2!N;W=R87`],T1N;W=R87`^)B-X03`[)B-X03`[/"]T9#X-"B`\ M+W1R/@T*(#QT$$P.R8C>$$P.SPO=&0^ M#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF(WA!,#L\+W1D/@T*(#QT9"!V86QI M9VX],T1B;W1T;VT@;F]W$$P.SPO=&0^#0H@/'1D M('9A;&EG;CTS1&)O='1O;2!N;W=R87`],T1N;W=R87`@86QI9VX],T1R:6=H M=#X-"B`F(W@R,#$T.R8C>$$P.R8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS M1&)O='1O;2!N;W=R87`],T1N;W=R87`^)B-X03`[)B-X03`[/"]T9#X-"B`\ M=&0@=F%L:6=N/3-$8F]T=&]M/B8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS M1&)O='1O;3X\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^/"]T9#X-"B`\ M=&0@=F%L:6=N/3-$8F]T=&]M/CPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O M;3XF(WA!,#LF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT@;F]W M$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O M;2!N;W=R87`],T1N;W=R87`@86QI9VX],T1R:6=H=#X-"B`F(W@R,#$T.R8C M>$$P.R8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;2!N;W=R87`] M,T1N;W=R87`^)B-X03`[)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T M=&]M/B8C>$$P.R8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3X\ M+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^/"]T9#X-"B`\=&0@=F%L:6=N M/3-$8F]T=&]M/CPO=&0^#0H@/"]T$$P.R8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O M='1O;3XF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT@86QI9VX] M,T1R:6=H=#XH,CDP+#`P,#PO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;2!N M;W=R87`],T1N;W=R87`^*28C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O M='1O;3XF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^)B-X03`[ M/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M(&%L:6=N/3-$$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3X\+W1D/@T*(#QT9"!V M86QI9VX],T1B;W1T;VT^/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M/CPO M=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF(WA!,#LF(WA!,#L\+W1D/@T* M(#QT9"!V86QI9VX],T1B;W1T;VT^)#PO=&0^#0H@/'1D('9A;&EG;CTS1&)O M='1O;2!A;&EG;CTS1')I9VAT/C$U+CDQ/"]T9#X-"B`\=&0@=F%L:6=N/3-$ M8F]T=&]M(&YO=W)A<#TS1&YO=W)A<#XF(WA!,#LF(WA!,#L\+W1D/@T*(#QT M9"!V86QI9VX],T1B;W1T;VT^)B-X03`[)B-X03`[/"]T9#X-"B`\=&0@=F%L M:6=N/3-$8F]T=&]M/CPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3X\+W1D M/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^/"]T9#X-"B`\+W1R/@T*(#QT'!I$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O M;2!A;&EG;CTS1')I9VAT/B@V-RPW.#`\+W1D/@T*(#QT9"!V86QI9VX],T1B M;W1T;VT@;F]W$$P M.R8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XD/"]T9#X-"B`\ M=&0@=F%L:6=N/3-$8F]T=&]M(&%L:6=N/3-$$$P.R8C M>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF(WA!,#LF(WA!,#L\ M+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^/"]T9#X-"B`\=&0@=F%L:6=N M/3-$8F]T=&]M/CPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3X\+W1D/@T* M(#PO='(^#0H@/'1R('-T>6QE/3-$)T9/3E0M4TE:13H@,3!P=#L@1D].5"U& M04U)3%DZ("=4:6UE6QE/3-$)T9/3E0M4TE:13H@ M,3!P=#L@1D].5"U&04U)3%DZ("=4:6UE$$P.R8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF M(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^/"]T9#X-"B`\=&0@ M=F%L:6=N/3-$8F]T=&]M/CPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3X\ M+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^)B-X03`[)B-X03`[/"]T9#X- M"B`\=&0@=F%L:6=N/3-$8F]T=&]M(&YO=W)A<#TS1&YO=W)A<#XF(WA!,#L\ M+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT@;F]W$$P.R8C>$$P M.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF(WA!,#LF(WA!,#L\+W1D M/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^/"]T9#X-"B`\=&0@=F%L:6=N/3-$ M8F]T=&]M/CPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3X\+W1D/@T*(#PO M='(^#0H@/'1R('-T>6QE/3-$)T9/3E0M4TE:13H@,3!P=#L@1D].5"U&04U) M3%DZ("=4:6UE6QE/3-$)T9/3E0M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ("=4 M:6UE&5R8VES960\+W`^#0H@/"]T9#X-"B`\ M=&0@=F%L:6=N/3-$8F]T=&]M/B8C>$$P.R8C>$$P.SPO=&0^#0H@/'1D('9A M;&EG;CTS1&)O='1O;2!N;W=R87`],T1N;W=R87`^)B-X03`[/"]T9#X-"B`\ M=&0@=F%L:6=N/3-$8F]T=&]M(&YO=W)A<#TS1&YO=W)A<"!A;&EG;CTS1')I M9VAT/@T*("8C>#(P,30[)B-X03`[)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N M/3-$8F]T=&]M(&YO=W)A<#TS1&YO=W)A<#XF(WA!,#LF(WA!,#L\+W1D/@T* M(#QT9"!V86QI9VX],T1B;W1T;VT^)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N M/3-$8F]T=&]M/B8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;2!A M;&EG;CTS1')I9VAT/B@T,#DL-S4U/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T M=&]M(&YO=W)A<#TS1&YO=W)A<#XI)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N M/3-$8F]T=&]M/B8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3X\ M+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^/"]T9#X-"B`\=&0@=F%L:6=N M/3-$8F]T=&]M/CPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF(WA!,#LF M(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^)#PO=&0^#0H@/'1D M('9A;&EG;CTS1&)O='1O;2!A;&EG;CTS1')I9VAT/C8N-C0\+W1D/@T*(#QT M9"!V86QI9VX],T1B;W1T;VT@;F]W$$P.R8C>$$P M.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF(WA!,#LF(WA!,#L\+W1D M/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^/"]T9#X-"B`\=&0@=F%L:6=N/3-$ M8F]T=&]M/CPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3X\+W1D/@T*(#PO M='(^#0H@/'1R('-T>6QE/3-$)T9/3E0M4TE:13H@,7!X)SX-"B`\=&0@=F%L M:6=N/3-$8F]T=&]M/CPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF(WA! M,#LF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^#0H@/'`@$$P M.SPO<#X-"B`\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^#0H@/'`@$$P M.SPO<#X-"B`\+W1D/@T*(#QT9#XF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX] M,T1B;W1T;VT^)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M/@T* M(#QP('-T>6QE/3-$)T)/4D1%4BU43U`Z(')G8B@P+#`L,"D@,7!X('-O;&ED M)SXF(WA!,#L\+W`^#0H@/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M/@T* M(#QP('-T>6QE/3-$)T)/4D1%4BU43U`Z(')G8B@P+#`L,"D@,7!X('-O;&ED M)SXF(WA!,#L\+W`^#0H@/"]T9#X-"B`\=&0^)B-X03`[/"]T9#X-"B`\=&0@ M=F%L:6=N/3-$8F]T=&]M/B8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O M='1O;3X\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^/"]T9#X-"B`\=&0@ M=F%L:6=N/3-$8F]T=&]M/CPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF M(WA!,#LF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^/"]T9#X- M"B`\=&0@=F%L:6=N/3-$8F]T=&]M/CPO=&0^#0H@/'1D('9A;&EG;CTS1&)O M='1O;3X\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^)B-X03`[)B-X03`[ M/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M/CPO=&0^#0H@/'1D('9A;&EG M;CTS1&)O='1O;3X\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^/"]T9#X- M"B`\+W1R/@T*(#QT$$P M.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;2!A;&EG;CTS1')I9VAT/C$L M,#$W+#0X.3PO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;2!N;W=R87`],T1N M;W=R87`^)B-X03`[)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M M/CPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF(WA!,#L\+W1D/@T*(#QT M9"!V86QI9VX],T1B;W1T;VT@86QI9VX],T1R:6=H=#XR+#`S."PW.#0\+W1D M/@T*(#QT9"!V86QI9VX],T1B;W1T;VT@;F]W$$P M.R8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3X\+W1D/@T*(#QT M9"!V86QI9VX],T1B;W1T;VT^)#PO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O M;2!A;&EG;CTS1')I9VAT/C(Y+#,X,3PO=&0^#0H@/'1D('9A;&EG;CTS1&)O M='1O;2!N;W=R87`],T1N;W=R87`^)B-X03`[)B-X03`[/"]T9#X-"B`\=&0@ M=F%L:6=N/3-$8F]T=&]M/CPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XD M/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M(&%L:6=N/3-$$$P.R8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3X\+W1D M/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^)B-X03`[/"]T9#X-"B`\=&0@=F%L M:6=N/3-$8F]T=&]M(&%L:6=N/3-$6QE/3-$)T9/3E0M4TE:13H@,7!X)SX-"B`\ M=&0@=F%L:6=N/3-$8F]T=&]M/CPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O M;3XF(WA!,#LF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^#0H@ M/'`@6QE/3-$)T)/4D1%4BU43U`Z(')G8B@P+#`L,"D@,W!X(&1O=6)L M92<^)B-X03`[/"]P/@T*(#PO=&0^#0H@/'1D/B8C>$$P.SPO=&0^#0H@/'1D M('9A;&EG;CTS1&)O='1O;3XF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B M;W1T;VT^#0H@/'`@6QE/3-$)T)/4D1%4BU43U`Z(')G8B@P+#`L,"D@ M,W!X(&1O=6)L92<^)B-X03`[/"]P/@T*(#PO=&0^#0H@/'1D/B8C>$$P.SPO M=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF(WA!,#L\+W1D/@T*(#QT9"!V M86QI9VX],T1B;W1T;VT^#0H@/'`@6QE/3-$)T)/4D1%4BU43U`Z(')G M8B@P+#`L,"D@,W!X(&1O=6)L92<^)B-X03`[/"]P/@T*(#PO=&0^#0H@/'1D M/B8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF(WA!,#LF(WA! M,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^/"]T9#X-"B`\=&0@=F%L M:6=N/3-$8F]T=&]M/CPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3X\+W1D M/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^)B-X03`[)B-X03`[/"]T9#X-"B`\ M=&0@=F%L:6=N/3-$8F]T=&]M/CPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O M;3X\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^/"]T9#X-"B`\+W1R/@T* M(#QT$$P.R8C>$$P.SPO M=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3X\+W1D/@T*(#QT9"!V86QI9VX] M,T1B;W1T;VT^)#PO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;2!A;&EG;CTS M1')I9VAT/C$Q+C,P/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M(&YO=W)A M<#TS1&YO=W)A<#XF(WA!,#LF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B M;W1T;VT^/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M/B8C>$$P.SPO=&0^ M#0H@/'1D('9A;&EG;CTS1&)O='1O;2!A;&EG;CTS1')I9VAT/C4N-#PO=&0^ M#0H@/'1D('9A;&EG;CTS1&)O='1O;2!N;W=R87`],T1N;W=R87`^)B-X03`[ M)B-X03`[/"]T9#X-"B`\+W1R/@T*(#QT"<^#0H@/'1D('9A;&EG;CTS1&)O='1O;3X\+W1D/@T*(#QT9"!V86QI M9VX],T1B;W1T;VT^)B-X03`[)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N/3-$ M8F]T=&]M/CPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3X\+W1D/@T*(#QT M9"!V86QI9VX],T1B;W1T;VT^/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M M/B8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3X-"B`\<"!S='EL M93TS1"="3U)$15(M5$]0.B!R9V(H,"PP+#`I(#-P>"!D;W5B;&4G/B8C>$$P M.SPO<#X-"B`\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^#0H@/'`@$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3X- M"B`\<"!S='EL93TS1"="3U)$15(M5$]0.B!R9V(H,"PP+#`I(#-P>"!D;W5B M;&4G/B8C>$$P.SPO<#X-"B`\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^ M#0H@/'`@$$P.R8C>$$P.SPO=&0^#0H@/'1D('9A M;&EG;CTS1&)O='1O;3X\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^/"]T M9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M/CPO=&0^#0H@/'1D('9A;&EG;CTS M1&)O='1O;3XF(WA!,#LF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T M;VT^/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M/CPO=&0^#0H@/'1D('9A M;&EG;CTS1&)O='1O;3X\+W1D/@T*(#PO='(^#0H@/"]T86)L93X-"B`\<"!S M='EL93TS1"=-05)'24XM0D]45$]-.B`P<'0[(%=(251%+5-004-%.B!N;W)M M86P[(%1%6%0M5%)!3E-&3U)-.B!N;VYE.R!73U)$+5-004-)3D#L@ M0T],3U(Z(')G8B@P+#`L,"D[($9/3E0Z(#$P<'0@)U1I;65S($YE=R!2;VUA M;B<[(%=)1$]74SH@,3L@34%21TE.+51/4#H@,3)P=#L@3$545$52+5-004-) M3D'0M"!M;VYT:',@96YD960@36%R8V@F(WA!,#LS,2P@,C`Q-"!A;F0@ M,C`Q-2!W87,@)#8N,C,-"B!A;F0@)#4N-SDL(')E2X@5&AE M('1O=&%L(&EN=')I;G-I8R!V86QU92!O9B!O<'1I;VYS#0H@97AE$$P.S,Q+"`R M,#$T(&%N9"`R,#$U#0H@=V%S("0S+C$@;6EL;&EO;B!A;F0@)#6QE/3-$)TU!4D=)3BU" M3U143TTZ(#!P=#L@5TA)5$4M4U!!0T4Z(&YO"<^ M#0H@07,@;V8@36%R8V@F(WA!,#LS,2P@,C`Q-"!A;F0@,C`Q-2P@=&AE&EM871E;'D@)#(N.`T*(&UI;&QI;VX@86YD("0R+CD@;6EL M;&EO;BP@65A2`D,2XS(&UI;&QI;VX@86YD("0T-#0L,#`P+"!R97-P96-T:79E;'DN/"]P M/@T*(#QP('-T>6QE/3-$)TU!4D=)3BU"3U143TTZ(#!P=#L@5TA)5$4M4U!! M0T4Z(&YO"<^#0H@5V4@=7-E9"!T:&4@0FQA8VLM M4V-H;VQE'!E8W1E M9"!T;R!B92!O=71S=&%N9&EN9RX-"B!6;VQA=&EL:71Y(&ES(&)A6EE;&0@8W5R=F4@:6X@969F96-T#0H@ M870@=&AE('1I;64@;V8@9W)A;G0N/"]P/@T*(#QP('-T>6QE/3-$)TU!4D=) M3BU"3U143TTZ(#!P=#L@5TA)5$4M4U!!0T4Z(&YO"<^#0H@5&AE(&9O;&QO=VEN9R!A#L@0T],3U(Z(')G8B@P+#`L,"D[($9/3E0Z(#$R<'0@)U1I M;65S($YE=R!2;VUA;B<[(%=)1$]74SH@,3L@34%21TE.+51/4#H@,'!T.R!, M151415(M4U!!0TE.1SH@;F]R;6%L.R!415A4+4E.1$5.5#H@,'!X.R`M=V5B M:VET+71E>'0M$$P.SPO<#X-"B`\ M=&%B;&4@#L@5TE$ M3U=3.B`Q.R!,151415(M4U!!0TE.1SH@;F]R;6%L.R!415A4+4E.1$5.5#H@ M,'!X.R`M=V5B:VET+71E>'0M$$P.TUO;G1H$$P.T5N9&5D/"]B/CQB M$$P.S,Q+#PO8CX\+W1D M/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^)B-X03`[/"]T9#X-"B`\+W1R/@T* M(#QT$$P M.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF(WA!,#LF(WA!,#L\+W1D M/@T*(#QT9"!S='EL93TS1"="3U)$15(M0D]45$]-.B!R9V(H,"PP+#`I(#%P M="!S;VQI9"<@=F%L:6=N/3-$8F]T=&]M(&-O;'-P86X],T0R(&%L:6=N/3-$ M8V5N=&5R/CQB/C(P,30\+V(^/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M M/B8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF(WA!,#L\+W1D M/@T*(#QT9"!S='EL93TS1"="3U)$15(M0D]45$]-.B!R9V(H,"PP+#`I(#%P M="!S;VQI9"<@=F%L:6=N/3-$8F]T=&]M(&-O;'-P86X],T0R(&%L:6=N/3-$ M8V5N=&5R/CQB/C(P,34\+V(^/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M M/B8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF(WA!,#LF(WA! M,#L\+W1D/@T*(#QT9"!S='EL93TS1"="3U)$15(M0D]45$]-.B!R9V(H,"PP M+#`I(#%P="!S;VQI9"<@=F%L:6=N/3-$8F]T=&]M(&-O;'-P86X],T0R(&%L M:6=N/3-$8V5N=&5R/CQB/C(P,30\+V(^/"]T9#X-"B`\=&0@=F%L:6=N/3-$ M8F]T=&]M/B8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF(WA! M,#L\+W1D/@T*(#QT9"!S='EL93TS1"="3U)$15(M0D]45$]-.B!R9V(H,"PP M+#`I(#%P="!S;VQI9"<@=F%L:6=N/3-$8F]T=&]M(&-O;'-P86X],T0R(&%L M:6=N/3-$8V5N=&5R/CQB/C(P,34\+V(^/"]T9#X-"B`\=&0@=F%L:6=N/3-$ M8F]T=&]M/B8C>$$P.SPO=&0^#0H@/"]T$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;2!A;&EG M;CTS1')I9VAT/C`N,#PO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;2!N;W=R M87`],T1N;W=R87`^)28C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O M;3XF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT@;F]W$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;2!N;W=R M87`],T1N;W=R87`@86QI9VX],T1R:6=H=#X-"B`F(W@R,#$T.R8C>$$P.R8C M>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;2!N;W=R87`],T1N;W=R M87`^)B-X03`[)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M/B8C M>$$P.R8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF(WA!,#L\ M+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT@86QI9VX],T1R:6=H=#XP+C`\ M+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT@;F]W$$P.SPO=&0^#0H@/'1D('9A;&EG M;CTS1&)O='1O;2!A;&EG;CTS1')I9VAT/C`N,#PO=&0^#0H@/'1D('9A;&EG M;CTS1&)O='1O;2!N;W=R87`],T1N;W=R87`^)28C>$$P.SPO=&0^#0H@/"]T M$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS M1&)O='1O;2!A;&EG;CTS1')I9VAT/C`N-SPO=&0^#0H@/'1D('9A;&EG;CTS M1&)O='1O;2!N;W=R87`],T1N;W=R87`^)28C>$$P.SPO=&0^#0H@/'1D('9A M;&EG;CTS1&)O='1O;3XF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T M;VT@;F]W$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS M1&)O='1O;2!N;W=R87`],T1N;W=R87`@86QI9VX],T1R:6=H=#X-"B`F(W@R M,#$T.R8C>$$P.R8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;2!N M;W=R87`],T1N;W=R87`^)B-X03`[)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N M/3-$8F]T=&]M/B8C>$$P.R8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O M='1O;3XF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT@86QI9VX] M,T1R:6=H=#XP+C<\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT@;F]W$$P.SPO=&0^ M#0H@/'1D('9A;&EG;CTS1&)O='1O;2!A;&EG;CTS1')I9VAT/C`N.#PO=&0^ M#0H@/'1D('9A;&EG;CTS1&)O='1O;2!N;W=R87`],T1N;W=R87`^)28C>$$P M.SPO=&0^#0H@/"]T$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF(WA!,#L\+W1D/@T* M(#QT9"!V86QI9VX],T1B;W1T;VT@;F]W$$P.SPO M=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;2!N;W=R87`],T1N;W=R87`@86QI M9VX],T1R:6=H=#X-"B`F(W@R,#$T.R8C>$$P.R8C>$$P.SPO=&0^#0H@/'1D M('9A;&EG;CTS1&)O='1O;2!N;W=R87`],T1N;W=R87`^)B-X03`[)B-X03`[ M/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M/B8C>$$P.R8C>$$P.SPO=&0^ M#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF(WA!,#L\+W1D/@T*(#QT9"!V86QI M9VX],T1B;W1T;VT@86QI9VX],T1R:6=H=#XU-2XW/"]T9#X-"B`\=&0@=F%L M:6=N/3-$8F]T=&]M(&YO=W)A<#TS1&YO=W)A<#XE)B-X03`[/"]T9#X-"B`\ M=&0@=F%L:6=N/3-$8F]T=&]M/B8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS M1&)O='1O;3XF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT@86QI M9VX],T1R:6=H=#XT-RXT/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M(&YO M=W)A<#TS1&YO=W)A<#XE)B-X03`[/"]T9#X-"B`\+W1R/@T*(#QT$$P.R8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF(WA! M,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT@86QI9VX],T1R:6=H=#XS M+C(F(WA!,#MY96%R#(P,30[)B-X M03`[)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M(&YO=W)A<#TS M1&YO=W)A<#XF(WA!,#LF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T M;VT^)B-X03`[)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M/B8C M>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;2!A;&EG;CTS1')I9VAT M/C,N,B8C>$$P.WEE87)S/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M(&YO M=W)A<#TS1&YO=W)A<#XF(WA!,#LF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX] M,T1B;W1T;VT^)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M/B8C M>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;2!A;&EG;CTS1')I9VAT M/C,N,"8C>$$P.WEE87)S/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M(&YO M=W)A<#TS1&YO=W)A<#XF(WA!,#LF(WA!,#L\+W1D/@T*(#PO='(^#0H@/"]T M86)L93X-"B`\<"!S='EL93TS1"=-05)'24XM0D]45$]-.B`P<'@[(%=(251% M+5-004-%.B!N;W)M86P[(%1%6%0M5%)!3E-&3U)-.B!N;VYE.R!73U)$+5-0 M04-)3D#L@0T],3U(Z(')G8B@P+#`L,"D[($9/3E0Z(#%P>"`G5&EM M97,@3F5W(%)O;6%N)SL@5TE$3U=3.B`Q.R!-05)'24XM5$]0.B`V<'@[($Q% M5%1%4BU34$%#24Y'.B!N;W)M86P[(%1%6%0M24Y$14Y4.B`P<'@[("UW96)K M:70M=&5X="US=')O:V4M=VED=&@Z(#!P>"<^#0H@)B-X03`[/"]P/@T*(#QB M'1087)T M7S9E,&0V9C!F7SAB.3%?-#`U,5]B8C`S7S1B9#=A,&-E.3%B-PT*0V]N=&5N M="U,;V-A=&EO;CH@9FEL93HO+R]#.B\V93!D-F8P9E\X8CDQ7S0P-3%?8F(P M,U\T8F0W83!C93DQ8C'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQA'0@0FQO8VL@6T%B'0^/'-P86X^/"]S<&%N M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$"<@8V5L;'-P86-I;F<],T0P(&-E;&QP861D:6YG/3-$,"!W:61T:#TS M1#$P,"4@8F]R9&5R/3-$,#X-"B`\='(^#0H@/'1D('9A;&EG;CTS1'1O<"!W M:61T:#TS1#0E(&%L:6=N/3-$;&5F=#X\8CXQ,2X\+V(^/"]T9#X-"B`\=&0@ M=F%L:6=N/3-$=&]P(&%L:6=N/3-$;&5F=#X\8CY%35!,3UE%12!35$]#2R!0 M55)#2$%310T*(%!,04XZ/"]B/CPO=&0^#0H@/"]T6QE/3-$)TU!4D=)3BU"3U143TTZ(#!P=#L@5TA)5$4M4U!!0T4Z M(&YO2!O=7(@2!O9B!/8W1O M8F5R#0H@"UM;VYT:"!O9F9E$$P.S@U)2!O9B!T:&4-"B!C;&]S:6YG M('!R:6-E(&]F('1H92!C;VUM;VX@2!O M9B!T:&4@;V9F97)I;F<-"B!O&-E960@,3`E(&]F('1H90T*('!A6QE/3-$)TU!4D=)3BU"3U143TTZ(#!P=#L@5TA)5$4M4U!!0T4Z(&YO M'!E8W1E9"!T M97)M(&]F(&]P=&EO;G,@9W)A;G1E9"!I2!I6EE;&0@ M8W5R=F4@:6X-"B!E9F9E8W0@870@=&AE('1I;64@;V8@9W)A;G0N/"]P/@T* M(#QP('-T>6QE/3-$)TU!4D=)3BU"3U143TTZ(#!P=#L@5TA)5$4M4U!!0T4Z M(&YO#L@0T],3U(Z(')G8B@P+#`L M,"D[($9/3E0Z(#$R<'0@)U1I;65S($YE=R!2;VUA;B<[(%=)1$]74SH@,3L@ M34%21TE.+51/4#H@,'!T.R!,151415(M4U!!0TE.1SH@;F]R;6%L.R!415A4 M+4E.1$5.5#H@,'!X.R`M=V5B:VET+71E>'0M$$P.SPO<#X-"B`\=&%B;&4@#L@5TE$3U=3.B`Q.R!,151415(M4U!!0TE.1SH@;F]R M;6%L.R!415A4+4E.1$5.5#H@,'!X.R`M=V5B:VET+71E>'0M$$P.TUO;G1H M$$P.T5N9&5D/"]B/CQB6QE/3-$)T9/3E0M4TE:13H@.'!T.R!&3TY4+49!34E,63H@ M)U1I;65S($YE=R!2;VUA;B$$P.R8C>$$P.SPO M=&0^#0H@/'1D('-T>6QE/3-$)T)/4D1%4BU"3U143TTZ(')G8B@P+#`L,"D@ M,7!T('-O;&ED)R!V86QI9VX],T1B;W1T;VT@8V]L$$P.SPO M=&0^#0H@/'1D('-T>6QE/3-$)T)/4D1%4BU"3U143TTZ(')G8B@P+#`L,"D@ M,7!T('-O;&ED)R!V86QI9VX],T1B;W1T;VT@8V]L$$P.SPO M=&0^#0H@/'1D('-T>6QE/3-$)T)/4D1%4BU"3U143TTZ(')G8B@P+#`L,"D@ M,7!T('-O;&ED)R!V86QI9VX],T1B;W1T;VT@8V]L$$P.SPO M=&0^#0H@/'1D('-T>6QE/3-$)T)/4D1%4BU"3U143TTZ(')G8B@P+#`L,"D@ M,7!T('-O;&ED)R!V86QI9VX],T1B;W1T;VT@8V]L$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF(WA!,#L\+W1D/@T* M(#QT9"!V86QI9VX],T1B;W1T;VT@86QI9VX],T1R:6=H=#XP+C`\+W1D/@T* M(#QT9"!V86QI9VX],T1B;W1T;VT@;F]W$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O M='1O;2!A;&EG;CTS1')I9VAT/C`N,#PO=&0^#0H@/'1D('9A;&EG;CTS1&)O M='1O;2!N;W=R87`],T1N;W=R87`^)28C>$$P.SPO=&0^#0H@/'1D('9A;&EG M;CTS1&)O='1O;3XF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^ M)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M(&%L:6=N/3-$$$P.SPO M=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF(WA!,#L\+W1D/@T*(#QT9"!V M86QI9VX],T1B;W1T;VT@86QI9VX],T1R:6=H=#XP+C$\+W1D/@T*(#QT9"!V M86QI9VX],T1B;W1T;VT@;F]W$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;2!A M;&EG;CTS1')I9VAT/C`N,3PO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;2!N M;W=R87`],T1N;W=R87`^)28C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O M='1O;3XF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^)B-X03`[ M/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M(&%L:6=N/3-$$$P.R8C>$$P M.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF(WA!,#L\+W1D/@T*(#QT M9"!V86QI9VX],T1B;W1T;VT@86QI9VX],T1R:6=H=#YS:7@F(WA!,#MM;VYT M:',\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT@;F]W$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF(WA!,#L\+W1D M/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^)B-X03`[/"]T9#X-"B`\=&0@=F%L M:6=N/3-$8F]T=&]M(&%L:6=N/3-$$$P.SPO=&0^#0H@/'1D('9A M;&EG;CTS1&)O='1O;2!A;&EG;CTS1')I9VAT/G-I>"8C>$$P.VUO;G1H$$P.SPO M=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF(WA!,#L\+W1D/@T*(#QT9"!V M86QI9VX],T1B;W1T;VT@86QI9VX],T1R:6=H=#YS:7@F(WA!,#MM;VYT:',\ M+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT@;F]W$$P.R8C>$$P.SPO=&0^#0H@/"]T6QE M/3-$)TU!4D=)3BU"3U143TTZ(#!P=#L@5TA)5$4M4U!!0T4Z(&YO"<^#0H@07,@;V8@36%R8V@F(WA!,#LS,2P@,C`Q-2P@=V4@ M:&%D(&ES#L@+7=E8FMI="UT97AT+7-T7!E.B!T97AT+VAT M;6P[(&-H87)S970](G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@ M("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$ M)W1E>'0O:'1M;#L@8VAA'0@ M0FQO8VL@6T%B'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T* M("`@("`@/'1R(&-L87-S/3-$'0^/&1I=CX-"B`\=&%B;&4@#L@5TE$3U=3.B`Q.R!,1514 M15(M4U!!0TE.1SH@;F]R;6%L.R!415A4+4E.1$5.5#H@,'!X.R`M=V5B:VET M+71E>'0M6QE/3-$)TU!4D=)3BU"3U143TTZ(#!P=#L@ M5TA)5$4M4U!!0T4Z(&YO#(P,40[*2!A;F0@6EN9PT*('9E2!B96-O;64@9G5L;'D@=F5S=&5D(&)E='=E96X@='=O(&%N9`T* M(&9O=7(@>65A2P@=&AE#0H@9F%I6QE M/3-$)TU!4D=)3BU"3U143TTZ(#!P=#L@5TA)5$4M4U!!0T4Z(&YO"<^#0H@5&AE(&9O;&QO=VEN9R!T86)L92!S=6UM87)I>F5S M(')E$$P.S,P+"`R,#$T('1H#L@+7=E M8FMI="UT97AT+7-T6QE/3-$)T9/3E0M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ M("=4:6UE#L@+7=E8FMI="UT97AT+7-T6QE/3-$)T9/ M3E0M4TE:13H@.'!T.R!&3TY4+49!34E,63H@)U1I;65S($YE=R!2;VUA;B$$P.R8C>$$P.SPO=&0^#0H@/'1D('-T>6QE/3-$ M)T)/4D1%4BU"3U143TTZ(')G8B@P+#`L,"D@,7!T('-O;&ED)R!V86QI9VX] M,T1B;W1T;VT@8V]L$$P.SPO=&0^#0H@/"]T$$P.R8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O M;3XF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT@86QI9VX],T1R M:6=H=#XS+#,T,#PO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;2!N;W=R87`] M,T1N;W=R87`^)B-X03`[)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T M=&]M/B8C>$$P.R8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XD M/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M(&%L:6=N/3-$$$P.R8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3X\ M+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^/"]T9#X-"B`\=&0@=F%L:6=N M/3-$8F]T=&]M/CPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF(WA!,#LF M(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^/"]T9#X-"B`\=&0@ M=F%L:6=N/3-$8F]T=&]M/CPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3X\ M+W1D/@T*(#PO='(^#0H@/'1R('-T>6QE/3-$)T9/3E0M4TE:13H@,3!P=#L@ M1D].5"U&04U)3%DZ("=4:6UE6QE/3-$)T9/3E0M M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ("=4:6UE$$P.R8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF(WA!,#L\ M+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT@86QI9VX],T1R:6=H=#XQ,3$L M,#`P/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M(&YO=W)A<#TS1&YO=W)A M<#XF(WA!,#LF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^)B-X M03`[)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M/B0\+W1D/@T* M(#QT9"!V86QI9VX],T1B;W1T;VT@86QI9VX],T1R:6=H=#XQ.2XR,SPO=&0^ M#0H@/'1D('9A;&EG;CTS1&)O='1O;2!N;W=R87`],T1N;W=R87`^)B-X03`[ M)B-X03`[/"]T9#X-"B`\+W1R/@T*(#QT$$P.R8C>$$P.SPO M=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF(WA!,#L\+W1D/@T*(#QT9"!V M86QI9VX],T1B;W1T;VT@86QI9VX],T1R:6=H=#XH,RPS-#`\+W1D/@T*(#QT M9"!V86QI9VX],T1B;W1T;VT@;F]W6QE/3-$)T9/3E0M4TE:13H@,7!X)SX-"B`\=&0@=F%L:6=N M/3-$8F]T=&]M/CPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF(WA!,#LF M(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^#0H@/'`@$$P.SPO M<#X-"B`\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^#0H@/'`@$$P.SPO M<#X-"B`\+W1D/@T*(#QT9#XF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B M;W1T;VT^)B-X03`[)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M M/CPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3X\+W1D/@T*(#QT9"!V86QI M9VX],T1B;W1T;VT^/"]T9#X-"B`\+W1R/@T*(#QT$$P.S,Q M+"`R,#$U/"]P/@T*(#PO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3X\+W1D M/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^)B-X03`[/"]T9#X-"B`\=&0@=F%L M:6=N/3-$8F]T=&]M(&%L:6=N/3-$$$P.R8C>$$P.SPO=&0^#0H@/"]T$$P.R8C>$$P.SPO M=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3X-"B`\<"!S='EL93TS1"="3U)$ M15(M5$]0.B!R9V(H,"PP+#`I(#-P>"!D;W5B;&4G/B8C>$$P.SPO<#X-"B`\ M+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^#0H@/'`@$$P.R8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3X\+W1D M/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^/"]T9#X-"B`\=&0@=F%L:6=N/3-$ M8F]T=&]M/CPO=&0^#0H@/"]T6QE/3-$ M)TU!4D=)3BU"3U143TTZ(#!P>#L@5TA)5$4M4U!!0T4Z(&YO"<^#0H@)B-X03`[/"]P/@T*(#QP('-T>6QE/3-$)TU!4D=)3BU" M3U143TTZ(#!P=#L@5TA)5$4M4U!!0T4Z(&YO$$P.S,Q+"`R,#$U+"!W92!H860@87!P2`D,BXQ(&UI;&QI;VX@;V8-"B!T;W1A;"!U;G)E8V]G;FEZ960@8V]M M<&5N#L@0T],3U(Z(')G8B@P+#`L,"D[ M($9/3E0Z(#$X<'0@)U1I;65S($YE=R!2;VUA;B<[(%=)1$]74SH@,3L@34%2 M1TE.+51/4#H@,'!T.R!,151415(M4U!!0TE.1SH@;F]R;6%L.R!415A4+4E. M1$5.5#H@,'!X.R`M=V5B:VET+71E>'0M$$P.SPO<#X-"B`\8G(@8VQA3X-"CPO:'1M;#X-"@T* M+2TM+2TM/5].97AT4&%R=%\V93!D-F8P9E\X8CDQ7S0P-3%?8F(P,U\T8F0W M83!C93DQ8C<-"D-O;G1E;G0M3&]C871I;VXZ(&9I;&4Z+R\O0SHO-F4P9#9F M,&9?.&(Y,5\T,#4Q7V)B,#-?-&)D-V$P8V4Y,6(W+U=O'0O:'1M;#L@8VAA7!E(&-O;G1E;G0],T0G=&5X="]H=&UL.R!C M:&%R'0^/&1I=CX-"B`\=&%B;&4@#L@5TE$3U=3.B`Q.R!, M151415(M4U!!0TE.1SH@;F]R;6%L.R!415A4+4E.1$5.5#H@,'!X.R`M=V5B M:VET+71E>'0M6QE/3-$)TU!4D=)3BU"3U14 M3TTZ(#!P=#L@5TA)5$4M4U!!0T4Z(&YO#L@+7=E M8FMI="UT97AT+7-T6QE/3-$)T9/3E0M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ M("=4:6UE#L@+7=E8FMI="UT97AT+7-T6QE/3-$)T9/3E0M4TE:13H@.'!T.R!&3TY4+49!34E,63H@)U1I M;65S($YE=R!2;VUA;B$$P.R8C>$$P.SPO=&0^ M#0H@/'1D('-T>6QE/3-$)T)/4D1%4BU"3U143TTZ(')G8B@P+#`L,"D@,7!T M('-O;&ED)R!V86QI9VX],T1B;W1T;VT@8V]L6QE/3-$)T9/3E0M4TE: M13H@.'!T.R!&3TY4+49!34E,63H@)U1I;65S($YE=R!2;VUA;B$$P.R8C>$$P.SPO=&0^#0H@/'1D('-T>6QE/3-$)T)/4D1% M4BU"3U143TTZ(')G8B@P+#`L,"D@,7!T('-O;&ED)R!V86QI9VX],T1B;W1T M;VT@8V]L$$P.R8C>$$P.SPO=&0^#0H@/'1D('-T>6QE/3-$ M)T)/4D1%4BU"3U143TTZ(')G8B@P+#`L,"D@,7!T('-O;&ED)R!V86QI9VX] M,T1B;W1T;VT@8V]L$$P.R8C>$$P.SPO=&0^#0H@/'1D('-T M>6QE/3-$)T)/4D1%4BU"3U143TTZ(')G8B@P+#`L,"D@,7!T('-O;&ED)R!V M86QI9VX],T1B;W1T;VT@8V]L$$P.R8C>$$P.SPO=&0^#0H@ M/'1D('-T>6QE/3-$)T)/4D1%4BU"3U143TTZ(')G8B@P+#`L,"D@,7!T('-O M;&ED)R!V86QI9VX],T1B;W1T;VT@8V]L$$P.R8C M>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF(WA!,#L\+W1D/@T* M(#QT9"!V86QI9VX],T1B;W1T;VT@86QI9VX],T1R:6=H=#XR,RPX-#4L,S`R M/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M(&YO=W)A<#TS1&YO=W)A<#XF M(WA!,#LF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^)B-X03`[ M)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M/B8C>$$P.SPO=&0^ M#0H@/'1D('9A;&EG;CTS1&)O='1O;2!A;&EG;CTS1')I9VAT/C(T+#4T-"PR M-S(\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT@;F]W$$P.R8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF(WA! M,#LF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^)B-X03`[/"]T M9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M(&%L:6=N/3-$$$P.R8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF(WA!,#L\ M+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT@86QI9VX],T1R:6=H=#XR-"PT M,#DL.38Y/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M(&YO=W)A<#TS1&YO M=W)A<#XF(WA!,#LF(WA!,#L\+W1D/@T*(#PO='(^#0H@/'1R('-T>6QE/3-$ M)T9/3E0M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ("=4:6UE6QE/3-$)T9/3E0M M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ("=4:6UE$$P.R8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS M1&)O='1O;3XF(WA!,#LF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T M;VT^)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M(&%L:6=N/3-$ M#(P M,30[)B-X03`[)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M(&YO M=W)A<#TS1&YO=W)A<#XF(WA!,#LF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX] M,T1B;W1T;VT^)B-X03`[)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T M=&]M/B8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;2!A;&EG;CTS M1')I9VAT/C8Y-2PR.3,\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT@;F]W M$$P.R8C>$$P.SPO=&0^#0H@/"]T$$P.R8C>$$P.SPO M=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3X-"B`\<"!S='EL93TS1"="3U)$ M15(M5$]0.B!R9V(H,"PP+#`I(#%P>"!S;VQI9"<^)B-X03`[/"]P/@T*(#PO M=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3X-"B`\<"!S='EL93TS1"="3U)$ M15(M5$]0.B!R9V(H,"PP+#`I(#%P>"!S;VQI9"<^)B-X03`[/"]P/@T*(#PO M=&0^#0H@/'1D/B8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF M(WA!,#LF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^#0H@/'`@ M$$P.SPO<#X-"B`\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^#0H@/'`@ M$$P.SPO<#X-"B`\+W1D/@T*(#QT9#XF(WA!,#L\+W1D/@T*(#QT9"!V86QI M9VX],T1B;W1T;VT^)B-X03`[)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N/3-$ M8F]T=&]M/@T*(#QP('-T>6QE/3-$)T)/4D1%4BU43U`Z(')G8B@P+#`L,"D@ M,7!X('-O;&ED)SXF(WA!,#L\+W`^#0H@/"]T9#X-"B`\=&0@=F%L:6=N/3-$ M8F]T=&]M/@T*(#QP('-T>6QE/3-$)T)/4D1%4BU43U`Z(')G8B@P+#`L,"D@ M,7!X('-O;&ED)SXF(WA!,#L\+W`^#0H@/"]T9#X-"B`\=&0^)B-X03`[/"]T M9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M/B8C>$$P.R8C>$$P.SPO=&0^#0H@ M/'1D('9A;&EG;CTS1&)O='1O;3X-"B`\<"!S='EL93TS1"="3U)$15(M5$]0 M.B!R9V(H,"PP+#`I(#%P>"!S;VQI9"<^)B-X03`[/"]P/@T*(#PO=&0^#0H@ M/'1D('9A;&EG;CTS1&)O='1O;3X-"B`\<"!S='EL93TS1"="3U)$15(M5$]0 M.B!R9V(H,"PP+#`I(#%P>"!S;VQI9"<^)B-X03`[/"]P/@T*(#PO=&0^#0H@ M/'1D/B8C>$$P.SPO=&0^#0H@/"]T$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS M1&)O='1O;2!A;&EG;CTS1')I9VAT/C(S+#$$P.R8C>$$P.SPO M=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3X\+W1D/@T*(#QT9"!V86QI9VX] M,T1B;W1T;VT^)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M(&%L M:6=N/3-$"<^#0H@/'1D('9A;&EG M;CTS1&)O='1O;3X\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^)B-X03`[ M)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M/@T*(#QP('-T>6QE M/3-$)T)/4D1%4BU43U`Z(')G8B@P+#`L,"D@,W!X(&1O=6)L92<^)B-X03`[ M/"]P/@T*(#PO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3X-"B`\<"!S='EL M93TS1"="3U)$15(M5$]0.B!R9V(H,"PP+#`I(#-P>"!D;W5B;&4G/B8C>$$P M.SPO<#X-"B`\+W1D/@T*(#QT9#XF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX] M,T1B;W1T;VT^)B-X03`[)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T M=&]M/@T*(#QP('-T>6QE/3-$)T)/4D1%4BU43U`Z(')G8B@P+#`L,"D@,W!X M(&1O=6)L92<^)B-X03`[/"]P/@T*(#PO=&0^#0H@/'1D('9A;&EG;CTS1&)O M='1O;3X-"B`\<"!S='EL93TS1"="3U)$15(M5$]0.B!R9V(H,"PP+#`I(#-P M>"!D;W5B;&4G/B8C>$$P.SPO<#X-"B`\+W1D/@T*(#QT9#XF(WA!,#L\+W1D M/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^)B-X03`[)B-X03`[/"]T9#X-"B`\ M=&0@=F%L:6=N/3-$8F]T=&]M/@T*(#QP('-T>6QE/3-$)T)/4D1%4BU43U`Z M(')G8B@P+#`L,"D@,W!X(&1O=6)L92<^)B-X03`[/"]P/@T*(#PO=&0^#0H@ M/'1D('9A;&EG;CTS1&)O='1O;3X-"B`\<"!S='EL93TS1"="3U)$15(M5$]0 M.B!R9V(H,"PP+#`I(#-P>"!D;W5B;&4G/B8C>$$P.SPO<#X-"B`\+W1D/@T* M(#QT9#XF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^)B-X03`[ M)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M/@T*(#QP('-T>6QE M/3-$)T)/4D1%4BU43U`Z(')G8B@P+#`L,"D@,W!X(&1O=6)L92<^)B-X03`[ M/"]P/@T*(#PO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3X-"B`\<"!S='EL M93TS1"="3U)$15(M5$]0.B!R9V(H,"PP+#`I(#-P>"!D;W5B;&4G/B8C>$$P M.SPO<#X-"B`\+W1D/@T*(#QT9#XF(WA!,#L\+W1D/@T*(#PO='(^#0H@/"]T M86)L93X-"B`\<"!S='EL93TS1"=-05)'24XM0D]45$]-.B`P<'0[(%=(251% M+5-004-%.B!N;W)M86P[(%1%6%0M5%)!3E-&3U)-.B!N;VYE.R!73U)$+5-0 M04-)3D#L@0T],3U(Z(')G8B@P+#`L,"D[($9/3E0Z(#$P<'0@)U1I M;65S($YE=R!2;VUA;B<[(%=)1$]74SH@,3L@34%21TE.+51/4#H@,3)P=#L@ M3$545$52+5-004-)3D'0M&5R M8VES92!P#(P,3D[(&5X97)C:7-E('!R:6-E$$P M.S,Q+"`R,#$T(&%N9`T*('1H92!S:7@@;6]N=&AS(&5N9&5D($UA#L@ M0T],3U(Z(')G8B@P+#`L,"D[($9/3E0Z(#$X<'0@)U1I;65S($YE=R!2;VUA M;B<[(%=)1$]74SH@,3L@34%21TE.+51/4#H@,'!T.R!,151415(M4U!!0TE. M1SH@;F]R;6%L.R!415A4+4E.1$5.5#H@,'!X.R`M=V5B:VET+71E>'0M$$P.SPO<#X-"B`\=&%B;&4@#L@5TE$3U=3.B`Q.R!,1514 M15(M4U!!0TE.1SH@;F]R;6%L.R!415A4+4E.1$5.5#H@,'!X.R`M=V5B:VET M+71E>'0M'1087)T7S9E,&0V9C!F7SAB M.3%?-#`U,5]B8C`S7S1B9#=A,&-E.3%B-PT*0V]N=&5N="U,;V-A=&EO;CH@ M9FEL93HO+R]#.B\V93!D-F8P9E\X8CDQ7S0P-3%?8F(P,U\T8F0W83!C93DQ M8C'0O:F%V87-C3X- M"B`@("`\=&%B;&4@8VQA6QE M/3-$)T9/3E0M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ("=4:6UE#L@+7=E8FMI M="UT97AT+7-T6QE/3-$)TU!4D=)3BU"3U14 M3TTZ(#!P=#L@5TA)5$4M4U!!0T4Z(&YO6QE/3-$)TU!4D=)3BU"3U143TTZ M(#!P=#L@5TA)5$4M4U!!0T4Z(&YO"<^#0H@)B-X M03`[/"]P/@T*(#QT86)L92!S='EL93TS1"=&3TY4+5-)6D4Z(#$P<'0[($9/ M3E0M1D%-24Q9.B`G5&EM97,@3F5W(%)O;6%N)SL@0D]21$52+4-/3$Q!4%-% M.B!C;VQL87!S93L@5$585"U44D%.4T9/4DTZ(&YO;F4[(%=/4D0M4U!!0TE. M1SH@,'!X.R!7241/5U,Z(#$[($Q%5%1%4BU34$%#24Y'.B!N;W)M86P[(%1% M6%0M24Y$14Y4.B`P<'@[("UW96)K:70M=&5X="US=')O:V4M=VED=&@Z(#!P M>"<@8V5L;'-P86-I;F<],T0P(&-E;&QP861D:6YG/3-$,"!W:61T:#TS1#$P M,"4@8F]R9&5R/3-$,#X-"B`\='(^#0H@/'1D/CPO=&0^#0H@/"]T7!E.B!T97AT+VAT;6P[(&-H87)S970] M(G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T M<"UE<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@ M8VAA6QE/3-$)VUA3I4:6UE6EN9R!A;6]U M;G1S(&]F(&]U$$P.S,Q+"`R,#$U M(&%P<')O>&EM871E9"!F86ER('9A;'5E(&1U90T*(&5I=&AE&EM871E('!R979A:6QI;F<@;6%R M:V5T(')A=&5S+CPO<#X-"B`\+V1I=CX\3I4:6UE'!E;G-E6EN9R!U;F%U9&ET960@8V]N9&5N6QE/3-$)VUA'0M:6YD96YT.C0E.R!F;VYT+7-I>F4Z,3!P=#L@9F]N="UF M86UI;'DZ5&EM97,@3F5W(%)O;6%N)SX-"B!4:&4@=6YA=61I=&5D(&-O;F1E M;G-E9"!C;VYS;VQI9&%T960@9FEN86YC:6%L('-T871E;65N=',@:6YC;'5D M90T*(&]UF4@F4@8V]M;6ES2!C;VYT&5C=71I;VX@;W(@=VAE;B!T:&4-"B!R96QA=&5D(&)O M870@F5D+B!0=7)S=6%N="!T;R!N96=O=&EA=&5D M(&%G$$P.S,Q+"`R,#$U+"!O;B!O=7(@97AP97)I96YC92!W M:71H(')E<&%Y;65N=',@;W(@9&5F875L=',-"B!O;B!T:&4@6QE M/3-$)TU!4D=)3BU"3U143TTZ(#!P=#L@1D].5"U325I%.B`Q,'!T.R!&3TY4 M+49!34E,63H@5&EM97,@3F5W(%)O;6%N.R!-05)'24XM5$]0.B`Q,G!T.R!4 M15A4+4E.1$5.5#H@-"4G/@T*(%=E(&%L'1E;F1E9"!W87)R86YT>2!S97)V:6-E#0H@8V]N M=')A8W1S('-O;&0@;VX@8F5H86QF(&]F('1H:7)D+7!A2!C;VYT&5C=71I;VX@;W(@$$P.S,Q+"`R,#$U+`T*(&)A$$P.S,Q M+"`R,#$U+"!O=7(@;&]W97(@;V8@8V]S="!O'0^ M/&1I=CX-"B`\<"!S='EL93TS1"=-05)'24XM0D]45$]-.B`P<'0[($9/3E0M M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA;CL@34%2 M1TE.+51/4#H@-G!T.R!415A4+4E.1$5.5#H@-"4G/@T*($9!4T(@06-C;W5N M=&EN9R!3=&%N9&%R9',@0V]D:69I8V%T:6]N(#,V,"TQ,"TT,"P@)B-X,C`Q M0SM02P-"B!0;&%N="P@86YD($5Q=6EP;65N="`M($EM<&%I#(P,40[ M("@F(W@R,#%#.T%30R`S-C`M,3`M-#`F(W@R,#%$.RDL(')E<75I2!A;F0@ M97%U:7!M96YT(&%N9"!P=7)C:&%S960-"B!I;G1A;F=I8FQE2!N;W0@8F4@2!W:&EC:"!T:&4-"B!C87)R>6EN9R!A M;6]U;G0@;V8@=&AE(&%S'!E8W1E9"!F=71U&ES=&5D(&%S M(&]F($UA&5S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\9&EV/@T* M(#QP('-T>6QE/3-$)TU!4D=)3BU"3U143TTZ(#!P=#L@1D].5"U325I%.B`Q M,'!T.R!&3TY4+49!34E,63H@5&EM97,@3F5W(%)O;6%N.R!-05)'24XM5$]0 M.B`V<'0[(%1%6%0M24Y$14Y4.B`T)2<^#0H@5V4@86-C;W5N="!F;W(@:6YC M;VUE('1A>&5S(&EN(&%C8V]R9&%N8V4@=VET:"!&05-"($%C8V]U;G1I;F<- M"B!3=&%N9&%R9',@0V]D:69I8V%T:6]N(#"!C;VYS97%U M96YC97,@871T"!R871E'!E8W1E9"!T;R!A<'!L>2!T;R!T87AA8FQE(&EN M8V]M92!I;B!T:&4@>65A'!E8W0@=&AO"!AF5D(&)Y(&-O;G-I9&5R:6YG(&%L;"!A=F%I M;&%B;&4-"B!P;W-I=&EV92!A;F0@;F5G871I=F4@979I9&5N8V4N/"]P/@T* M(#QP('-T>6QE/3-$)TU!4D=)3BU"3U143TTZ(#!P=#L@1D].5"U325I%.B`Q M,'!T.R!&3TY4+49!34E,63H@5&EM97,@3F5W(%)O;6%N.R!-05)'24XM5$]0 M.B`Q,G!T.R!415A4+4E.1$5.5#H@-"4G/@T*(%!U"!A&%B;&4@:6YC;VUE(&EN M('!R:6]R(&-A&%B M;&4@:6YC;VUE+B!!&%B;&4@:6YC;VUE(&EN('!R:6]R#0H@8V%R M"!AF%T:6]N(&]F#0H@;W5R(&1E9F5R"!A0T*(&1I9F9I8W5L="!T;R!P"!A'0^/&1I M=CX-"B`\<"!S='EL93TS1"=-05)'24XM0D]45$]-.B`P<'0[($9/3E0M4TE: M13H@,3!P=#L@1D].5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA;CL@34%21TE. M+51/4#H@-G!T.R!415A4+4E.1$5.5#H@-"4G/@T*(%=E(&%C8V]U;G0@9F]R M(&]U#(P,4,[0V]M<&5NF4@82!-;VYT92!#87)L;R!S:6UU M;&%T:6]N(&5M8F5D9&5D(&EN(&$-"B!L871T:6-E(&UO9&5L('1O(&1E=&5R M;6EN92!T:&4@9F%I2!V97-T:6YG('!O'1087)T7S9E,&0V9C!F7SAB.3%?-#`U,5]B8C`S7S1B9#=A,&-E.3%B M-PT*0V]N=&5N="U,;V-A=&EO;CH@9FEL93HO+R]#.B\V93!D-F8P9E\X8CDQ M7S0P-3%?8F(P,U\T8F0W83!C93DQ8C'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQA'0@0FQO8VL@6T%B M'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R M(&-L87-S/3-$6QE M/3-$)TU!4D=)3BU"3U143TTZ(#!P=#L@1D].5"U325I%.B`Q,'!T.R!&3TY4 M+49!34E,63H@5&EM97,@3F5W(%)O;6%N.R!-05)'24XM5$]0.B`Q,G!T.R!4 M15A4+4E.1$5.5#H@-"4G/@T*(%1H92!F;VQL;W=I;F<@=&%B;&4@$$P.S,P M+"`R,#$T('1H6QE/3-$)T9/3E0M M4TE:13H@.'!T.R!&3TY4+49!34E,63H@5&EM97,@3F5W(%)O;6%N)SX-"B`\ M=&0@=F%L:6=N/3-$8F]T=&]M/B8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS M1&)O='1O;3XF(WA!,#LF(WA!,#L\+W1D/@T*(#QT9"!S='EL93TS1"="3U)$ M15(M0D]45$]-.B`C,#`P,#`P(#%P="!S;VQI9"<@=F%L:6=N/3-$8F]T=&]M M(&-O;'-P86X],T0R(&%L:6=N/3-$8V5N=&5R/CQB/E-H87)E$$P.SPO=&0^#0H@/'1D('-T>6QE/3-$)T)/4D1%4BU"3U143TTZ M(",P,#`P,#`@,7!T('-O;&ED)R!V86QI9VX],T1B;W1T;VT@8V]L&5R8VES93QB6QE/3-$)T9/3E0M M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA;CL@34%2 M1TE.+4Q%1E0Z(#%E;3L@5$585"U)3D1%3E0Z("TQ96TG/@T*($)A;&%N8V4@ M87,@;V8@4V5P=&5M8F5R)B-X03`[,S`L(#(P,30\+W`^#0H@/"]T9#X-"B`\ M=&0@=F%L:6=N/3-$8F]T=&]M/B8C>$$P.R8C>$$P.SPO=&0^#0H@/'1D('9A M;&EG;CTS1&)O='1O;3XF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T M;VT@86QI9VX],T1R:6=H=#XQ+#,U,"PW,#D\+W1D/@T*(#QT9"!V86QI9VX] M,T1B;W1T;VT@;F]W$$P.R8C>$$P.SPO=&0^#0H@ M/'1D('9A;&EG;CTS1&)O='1O;3XF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX] M,T1B;W1T;VT^)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M(&%L M:6=N/3-$$$P.R8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O M;3XF(WA!,#LF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^)#PO M=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;2!A;&EG;CTS1')I9VAT/C$Q+C

$$P.SPO=&0^ M#0H@/'1D('9A;&EG;CTS1&)O='1O;2!A;&EG;CTS1')I9VAT/C8N-CPO=&0^ M#0H@/'1D('9A;&EG;CTS1&)O='1O;2!N;W=R87`],T1N;W=R87`^)B-X03`[ M)B-X03`[/"]T9#X-"B`\+W1R/@T*(#QTF5D/"]P M/@T*(#PO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF(WA!,#LF(WA!,#L\ M+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT@;F]W$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;2!N;W=R87`],T1N;W=R M87`@86QI9VX],T1R:6=H=#X-"B`F(W@R,#$T.R8C>$$P.R8C>$$P.SPO=&0^ M#0H@/'1D('9A;&EG;CTS1&)O='1O;2!N;W=R87`],T1N;W=R87`^)B-X03`[ M)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M/B8C>$$P.SPO=&0^ M#0H@/'1D('9A;&EG;CTS1&)O='1O;2!N;W=R87`],T1N;W=R87`^)B-X03`[ M/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M(&YO=W)A<#TS1&YO=W)A<"!A M;&EG;CTS1')I9VAT/@T*("8C>#(P,30[)B-X03`[)B-X03`[/"]T9#X-"B`\ M=&0@=F%L:6=N/3-$8F]T=&]M(&YO=W)A<#TS1&YO=W)A<#XF(WA!,#LF(WA! M,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^)B-X03`[/"]T9#X-"B`\ M=&0@=F%L:6=N/3-$8F]T=&]M/CPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O M;3X\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^/"]T9#X-"B`\=&0@=F%L M:6=N/3-$8F]T=&]M/B8C>$$P.R8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS M1&)O='1O;2!N;W=R87`],T1N;W=R87`^)B-X03`[/"]T9#X-"B`\=&0@=F%L M:6=N/3-$8F]T=&]M(&YO=W)A<#TS1&YO=W)A<"!A;&EG;CTS1')I9VAT/@T* M("8C>#(P,30[)B-X03`[)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T M=&]M(&YO=W)A<#TS1&YO=W)A<#XF(WA!,#LF(WA!,#L\+W1D/@T*(#QT9"!V M86QI9VX],T1B;W1T;VT^)B-X03`[)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N M/3-$8F]T=&]M/CPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3X\+W1D/@T* M(#QT9"!V86QI9VX],T1B;W1T;VT^/"]T9#X-"B`\+W1R/@T*(#QT$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;2!A;&EG;CTS1')I M9VAT/C(Y,"PP,#`\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT@;F]W$$P.R8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O M='1O;3XF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^/"]T9#X- M"B`\=&0@=F%L:6=N/3-$8F]T=&]M/CPO=&0^#0H@/'1D('9A;&EG;CTS1&)O M='1O;3X\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^)B-X03`[)B-X03`[ M/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M/B0\+W1D/@T*(#QT9"!V86QI M9VX],T1B;W1T;VT@86QI9VX],T1R:6=H=#XQ-2XY,3PO=&0^#0H@/'1D('9A M;&EG;CTS1&)O='1O;2!N;W=R87`],T1N;W=R87`^)B-X03`[)B-X03`[/"]T M9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M/B8C>$$P.R8C>$$P.SPO=&0^#0H@ M/'1D('9A;&EG;CTS1&)O='1O;3X\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T M;VT^/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M/CPO=&0^#0H@/"]T6QE/3-$)T9/3E0M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ(%1I;65S($YE M=R!2;VUA;CL@34%21TE.+4Q%1E0Z(#-E;3L@5$585"U)3D1%3E0Z("TQ96TG M/@T*($]P=&EO;G,@8V%N8V5L;&5D+V9O'!I$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O M='1O;2!A;&EG;CTS1')I9VAT/B@V-RPW.#`\+W1D/@T*(#QT9"!V86QI9VX] M,T1B;W1T;VT@;F]W$$P.R8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XD/"]T9#X- M"B`\=&0@=F%L:6=N/3-$8F]T=&]M(&%L:6=N/3-$$$P M.R8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF(WA!,#LF(WA! M,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^/"]T9#X-"B`\=&0@=F%L M:6=N/3-$8F]T=&]M/CPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3X\+W1D M/@T*(#PO='(^#0H@/'1R('-T>6QE/3-$)T9/3E0M4TE:13H@,3!P=#L@1D]. M5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA;B<@8F=C;VQO$$P.R8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O M;3XF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT@86QI9VX],T1R M:6=H=#XH,3$Q+#`P,#PO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;2!N;W=R M87`],T1N;W=R87`^*28C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O M;3XF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT@;F]W$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;2!N;W=R M87`],T1N;W=R87`@86QI9VX],T1R:6=H=#X-"B`F(W@R,#$T.R8C>$$P.R8C M>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;2!N;W=R87`],T1N;W=R M87`^)B-X03`[)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M/B8C M>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3X\+W1D/@T*(#QT9"!V M86QI9VX],T1B;W1T;VT^/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M/CPO M=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF(WA!,#LF(WA!,#L\+W1D/@T* M(#QT9"!V86QI9VX],T1B;W1T;VT@;F]W$$P.SPO M=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;2!N;W=R87`],T1N;W=R87`@86QI M9VX],T1R:6=H=#X-"B`F(W@R,#$T.R8C>$$P.R8C>$$P.SPO=&0^#0H@/'1D M('9A;&EG;CTS1&)O='1O;2!N;W=R87`],T1N;W=R87`^)B-X03`[)B-X03`[ M/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M/B8C>$$P.R8C>$$P.SPO=&0^ M#0H@/'1D('9A;&EG;CTS1&)O='1O;3X\+W1D/@T*(#QT9"!V86QI9VX],T1B M;W1T;VT^/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M/CPO=&0^#0H@/"]T M6QE/3-$)T9/3E0M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ(%1I;65S M($YE=R!2;VUA;CL@34%21TE.+4Q%1E0Z(#-E;3L@5$585"U)3D1%3E0Z("TQ M96TG/@T*($]P=&EO;G,@97AE"<^#0H@/'1D('9A;&EG;CTS M1&)O='1O;3X\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^)B-X03`[)B-X M03`[/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M/@T*(#QP('-T>6QE/3-$ M)T)/4D1%4BU43U`Z(",P,#`P,#`@,7!X('-O;&ED)SXF(WA!,#L\+W`^#0H@ M/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M/@T*(#QP('-T>6QE/3-$)T)/ M4D1%4BU43U`Z(",P,#`P,#`@,7!X('-O;&ED)SXF(WA!,#L\+W`^#0H@/"]T M9#X-"B`\=&0^)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M/B8C M>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3X-"B`\<"!S='EL93TS M1"="3U)$15(M5$]0.B`C,#`P,#`P(#%P>"!S;VQI9"<^)B-X03`[/"]P/@T* M(#PO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3X-"B`\<"!S='EL93TS1"=" M3U)$15(M5$]0.B`C,#`P,#`P(#%P>"!S;VQI9"<^)B-X03`[/"]P/@T*(#PO M=&0^#0H@/'1D/B8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF M(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^/"]T9#X-"B`\=&0@ M=F%L:6=N/3-$8F]T=&]M/CPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3X\ M+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^)B-X03`[)B-X03`[/"]T9#X- M"B`\=&0@=F%L:6=N/3-$8F]T=&]M/CPO=&0^#0H@/'1D('9A;&EG;CTS1&)O M='1O;3X\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^/"]T9#X-"B`\=&0@ M=F%L:6=N/3-$8F]T=&]M/B8C>$$P.R8C>$$P.SPO=&0^#0H@/'1D('9A;&EG M;CTS1&)O='1O;3X\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^/"]T9#X- M"B`\=&0@=F%L:6=N/3-$8F]T=&]M/CPO=&0^#0H@/"]T6QE/3-$)T9/3E0M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ M(%1I;65S($YE=R!2;VUA;CL@34%21TE.+4Q%1E0Z(#%E;3L@5$585"U)3D1% M3E0Z("TQ96TG/@T*($)A;&%N8V4@87,@;V8@36%R8V@F(WA!,#LS,2P@,C`Q M-3PO<#X-"B`\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^/"]T9#X-"B`\ M=&0@=F%L:6=N/3-$8F]T=&]M/B8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS M1&)O='1O;2!A;&EG;CTS1')I9VAT/C$L,#$W+#0X.3PO=&0^#0H@/'1D('9A M;&EG;CTS1&)O='1O;2!N;W=R87`],T1N;W=R87`^)B-X03`[)B-X03`[/"]T M9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M/CPO=&0^#0H@/'1D('9A;&EG;CTS M1&)O='1O;3XF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT@86QI M9VX],T1R:6=H=#XR+#`S."PW.#0\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T M;VT@;F]W$$P.R8C>$$P.SPO=&0^#0H@/'1D('9A M;&EG;CTS1&)O='1O;3X\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^)#PO M=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;2!A;&EG;CTS1')I9VAT/C(Y+#,X M,3PO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;2!N;W=R87`],T1N;W=R87`^ M)B-X03`[)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M/CPO=&0^ M#0H@/'1D('9A;&EG;CTS1&)O='1O;3XD/"]T9#X-"B`\=&0@=F%L:6=N/3-$ M8F]T=&]M(&%L:6=N/3-$$$P.R8C>$$P.SPO=&0^#0H@ M/'1D('9A;&EG;CTS1&)O='1O;3X\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T M;VT^)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M(&%L:6=N/3-$ M6QE M/3-$)T9/3E0M4TE:13H@,7!X)SX-"B`\=&0@=F%L:6=N/3-$8F]T=&]M/CPO M=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF(WA!,#LF(WA!,#L\+W1D/@T* M(#QT9"!V86QI9VX],T1B;W1T;VT^#0H@/'`@6QE/3-$)T)/4D1%4BU43U`Z M(",P,#`P,#`@,W!X(&1O=6)L92<^)B-X03`[/"]P/@T*(#PO=&0^#0H@/'1D M/B8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF(WA!,#L\+W1D M/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^#0H@/'`@6QE/3-$)T)/4D1%4BU4 M3U`Z(",P,#`P,#`@,W!X(&1O=6)L92<^)B-X03`[/"]P/@T*(#PO=&0^#0H@ M/'1D/B8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF(WA!,#L\ M+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^#0H@/'`@6QE/3-$)T)/4D1% M4BU43U`Z(",P,#`P,#`@,W!X(&1O=6)L92<^)B-X03`[/"]P/@T*(#PO=&0^ M#0H@/'1D/B8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF(WA! M,#LF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^/"]T9#X-"B`\ M=&0@=F%L:6=N/3-$8F]T=&]M/CPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O M;3X\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^)B-X03`[)B-X03`[/"]T M9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M/CPO=&0^#0H@/'1D('9A;&EG;CTS M1&)O='1O;3X\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^/"]T9#X-"B`\ M+W1R/@T*(#QT$$P.R8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O M;3X\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^)#PO=&0^#0H@/'1D('9A M;&EG;CTS1&)O='1O;2!A;&EG;CTS1')I9VAT/C$X+#@S-SPO=&0^#0H@/'1D M('9A;&EG;CTS1&)O='1O;2!N;W=R87`],T1N;W=R87`^)B-X03`[)B-X03`[ M/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M/CPO=&0^#0H@/'1D('9A;&EG M;CTS1&)O='1O;3XD/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M(&%L:6=N M/3-$$$P.R8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS M1&)O='1O;3X\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^)B-X03`[/"]T M9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M(&%L:6=N/3-$6QE/3-$)T9/3E0M4TE: M13H@,7!X)SX-"B`\=&0@=F%L:6=N/3-$8F]T=&]M/CPO=&0^#0H@/'1D('9A M;&EG;CTS1&)O='1O;3XF(WA!,#LF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX] M,T1B;W1T;VT^/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M/CPO=&0^#0H@ M/'1D('9A;&EG;CTS1&)O='1O;3X\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T M;VT^)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M/@T*(#QP('-T M>6QE/3-$)T)/4D1%4BU43U`Z(",P,#`P,#`@,W!X(&1O=6)L92<^)B-X03`[ M/"]P/@T*(#PO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3X-"B`\<"!S='EL M93TS1"="3U)$15(M5$]0.B`C,#`P,#`P(#-P>"!D;W5B;&4G/B8C>$$P.SPO M<#X-"B`\+W1D/@T*(#QT9#XF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B M;W1T;VT^)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M/@T*(#QP M('-T>6QE/3-$)T)/4D1%4BU43U`Z(",P,#`P,#`@,W!X(&1O=6)L92<^)B-X M03`[/"]P/@T*(#PO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3X-"B`\<"!S M='EL93TS1"="3U)$15(M5$]0.B`C,#`P,#`P(#-P>"!D;W5B;&4G/B8C>$$P M.SPO<#X-"B`\+W1D/@T*(#QT9#XF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX] M,T1B;W1T;VT^)B-X03`[)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T M=&]M/CPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3X\+W1D/@T*(#QT9"!V M86QI9VX],T1B;W1T;VT^/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M/B8C M>$$P.R8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3X\+W1D/@T* M(#QT9"!V86QI9VX],T1B;W1T;VT^/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T M=&]M/CPO=&0^#0H@/"]T6QE/3-$)T9/3E0M4TE:13H@ M,3!P=#L@1D].5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA;CL@0D]21$52+4-/ M3$Q!4%-%.B!C;VQL87!S92<@8V5L;'-P86-I;F<],T0P(&-E;&QP861D:6YG M/3-$,"!W:61T:#TS1#DR)2!A;&EG;CTS1&-E;G1E$$P.TUO M;G1H$$P.T5N9&5D/"]B/CQB6QE/3-$)T9/3E0M4TE:13H@.'!T.R!&3TY4+49! M34E,63H@5&EM97,@3F5W(%)O;6%N)SX-"B`\=&0@=F%L:6=N/3-$8F]T=&]M M/B8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF(WA!,#LF(WA! M,#L\+W1D/@T*(#QT9"!S='EL93TS1"="3U)$15(M0D]45$]-.B`C,#`P,#`P M(#%P="!S;VQI9"<@=F%L:6=N/3-$8F]T=&]M(&-O;'-P86X],T0R(&%L:6=N M/3-$8V5N=&5R/CQB/C(P,30\+V(^/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T M=&]M/B8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF(WA!,#L\ M+W1D/@T*(#QT9"!S='EL93TS1"="3U)$15(M0D]45$]-.B`C,#`P,#`P(#%P M="!S;VQI9"<@=F%L:6=N/3-$8F]T=&]M(&-O;'-P86X],T0R(&%L:6=N/3-$ M8V5N=&5R/CQB/C(P,34\+V(^/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M M/B8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF(WA!,#LF(WA! M,#L\+W1D/@T*(#QT9"!S='EL93TS1"="3U)$15(M0D]45$]-.B`C,#`P,#`P M(#%P="!S;VQI9"<@=F%L:6=N/3-$8F]T=&]M(&-O;'-P86X],T0R(&%L:6=N M/3-$8V5N=&5R/CQB/C(P,30\+V(^/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T M=&]M/B8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF(WA!,#L\ M+W1D/@T*(#QT9"!S='EL93TS1"="3U)$15(M0D]45$]-.B`C,#`P,#`P(#%P M="!S;VQI9"<@=F%L:6=N/3-$8F]T=&]M(&-O;'-P86X],T0R(&%L:6=N/3-$ M8V5N=&5R/CQB/C(P,34\+V(^/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M M/B8C>$$P.SPO=&0^#0H@/"]T6QE/3-$ M)T9/3E0M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA M;CL@34%21TE.+4Q%1E0Z(#%E;3L@5$585"U)3D1%3E0Z("TQ96TG/@T*($1I M=FED96YD('EI96QD/"]P/@T*(#PO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O M;3XF(WA!,#LF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^)B-X M03`[/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M(&%L:6=N/3-$$$P.SPO M=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;2!N;W=R87`],T1N;W=R87`^)B-X M03`[/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M(&YO=W)A<#TS1&YO=W)A M<"!A;&EG;CTS1')I9VAT/@T*("8C>#(P,30[)B-X03`[)B-X03`[/"]T9#X- M"B`\=&0@=F%L:6=N/3-$8F]T=&]M(&YO=W)A<#TS1&YO=W)A<#XF(WA!,#LF M(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^)B-X03`[)B-X03`[ M/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M/B8C>$$P.SPO=&0^#0H@/'1D M('9A;&EG;CTS1&)O='1O;2!A;&EG;CTS1')I9VAT/C`N,#PO=&0^#0H@/'1D M('9A;&EG;CTS1&)O='1O;2!N;W=R87`],T1N;W=R87`^)28C>$$P.SPO=&0^ M#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF(WA!,#L\+W1D/@T*(#QT9"!V86QI M9VX],T1B;W1T;VT^)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M M(&%L:6=N/3-$$$P.R8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O M='1O;3XF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT@86QI9VX] M,T1R:6=H=#XP+C<\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT@;F]W$$P.R8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF(WA! M,#LF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^)B-X03`[/"]T M9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M(&%L:6=N/3-$$$P.SPO=&0^#0H@ M/'1D('9A;&EG;CTS1&)O='1O;3XF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX] M,T1B;W1T;VT@86QI9VX],T1R:6=H=#XP+C@\+W1D/@T*(#QT9"!V86QI9VX] M,T1B;W1T;VT@;F]W6QE/3-$)T9/3E0M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ M(%1I;65S($YE=R!2;VUA;B<@8F=C;VQO$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS M1&)O='1O;2!A;&EG;CTS1')I9VAT/C,N,B8C>$$P.WEE87)S/"]T9#X-"B`\ M=&0@=F%L:6=N/3-$8F]T=&]M(&YO=W)A<#TS1&YO=W)A<#XF(WA!,#LF(WA! M,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^)B-X03`[/"]T9#X-"B`\ M=&0@=F%L:6=N/3-$8F]T=&]M(&YO=W)A<#TS1&YO=W)A<#XF(WA!,#L\+W1D M/@T*(#QT9"!V86QI9VX],T1B;W1T;VT@;F]W$$P.R8C>$$P.SPO M=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF(WA!,#LF(WA!,#L\+W1D/@T* M(#QT9"!V86QI9VX],T1B;W1T;VT^)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N M/3-$8F]T=&]M(&%L:6=N/3-$65A$$P.R8C M>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF(WA!,#L\+W1D/@T* M(#QT9"!V86QI9VX],T1B;W1T;VT^)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N M/3-$8F]T=&]M(&%L:6=N/3-$65A$$P.R8C M>$$P.SPO=&0^#0H@/"]T7!E.B!T97AT M+VAT;6P[(&-H87)S970](G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^ M#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT M/3-$)W1E>'0O:'1M;#L@8VAA'0^/&1I=CX-"B`\<"!S M='EL93TS1"=-05)'24XM0D]45$]-.B`P<'0[($9/3E0M4TE:13H@,3!P=#L@ M1D].5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA;CL@34%21TE.+51/4#H@,3)P M=#L@5$585"U)3D1%3E0Z(#0E)SX-"B!4:&4@9F]L;&]W:6YG(&%R92!T:&4@ M=V5I9VAT960@879E6QE/3-$)TU!4D=)3BU" M3U143TTZ(#!P=#L@1D].5"U325I%.B`Q,G!T.R!-05)'24XM5$]0.B`P<'0G M/@T*("8C>$$P.SPO<#X-"B`\=&%B;&4@6QE/3-$)T9/3E0M4TE: M13H@.'!T.R!&3TY4+49!34E,63H@5&EM97,@3F5W(%)O;6%N)SX-"B`\=&0@ M=F%L:6=N/3-$8F]T=&]M/B8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O M='1O;3XF(WA!,#LF(WA!,#L\+W1D/@T*(#QT9"!S='EL93TS1"="3U)$15(M M0D]45$]-.B`C,#`P,#`P(#%P="!S;VQI9"<@=F%L:6=N/3-$8F]T=&]M(&-O M;'-P86X],T0V(&%L:6=N/3-$8V5N=&5R/CQB/E1H$$P.S,Q+#PO8CX\+W1D/@T*(#QT M9"!V86QI9VX],T1B;W1T;VT^)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N/3-$ M8F]T=&]M/B8C>$$P.SPO=&0^#0H@/'1D('-T>6QE/3-$)T)/4D1%4BU"3U14 M3TTZ(",P,#`P,#`@,7!T('-O;&ED)R!V86QI9VX],T1B;W1T;VT@8V]L$$P.S,Q+#PO8CX\+W1D/@T*(#QT9"!V86QI M9VX],T1B;W1T;VT^)B-X03`[/"]T9#X-"B`\+W1R/@T*(#QT6QE/3-$)T9/3E0M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ(%1I;65S M($YE=R!2;VUA;B<@8F=C;VQO$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O M='1O;2!A;&EG;CTS1')I9VAT/C`N,#PO=&0^#0H@/'1D('9A;&EG;CTS1&)O M='1O;2!N;W=R87`],T1N;W=R87`^)28C>$$P.SPO=&0^#0H@/'1D('9A;&EG M;CTS1&)O='1O;3XF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^ M)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M(&%L:6=N/3-$$$P M.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF(WA!,#L\+W1D/@T*(#QT M9"!V86QI9VX],T1B;W1T;VT@86QI9VX],T1R:6=H=#XP+C`\+W1D/@T*(#QT M9"!V86QI9VX],T1B;W1T;VT@;F]W$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O M;2!A;&EG;CTS1')I9VAT/C`N,#PO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O M;2!N;W=R87`],T1N;W=R87`^)28C>$$P.SPO=&0^#0H@/"]T6QE/3-$ M)T9/3E0M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA M;CL@34%21TE.+4Q%1E0Z(#%E;3L@5$585"U)3D1%3E0Z("TQ96TG/@T*(%)I M$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF(WA!,#L\+W1D M/@T*(#QT9"!V86QI9VX],T1B;W1T;VT@86QI9VX],T1R:6=H=#XP+C$\+W1D M/@T*(#QT9"!V86QI9VX],T1B;W1T;VT@;F]W$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS M1&)O='1O;2!A;&EG;CTS1')I9VAT/C`N,3PO=&0^#0H@/'1D('9A;&EG;CTS M1&)O='1O;2!N;W=R87`],T1N;W=R87`^)28C>$$P.SPO=&0^#0H@/'1D('9A M;&EG;CTS1&)O='1O;3XF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T M;VT^)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M(&%L:6=N/3-$ M3PO<#X-"B`\+W1D/@T*(#QT9"!V86QI9VX],T1B M;W1T;VT^)B-X03`[)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M M/B8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;2!A;&EG;CTS1')I M9VAT/C0Q+C,\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT@;F]W$$P.SPO=&0^#0H@ M/'1D('9A;&EG;CTS1&)O='1O;2!A;&EG;CTS1')I9VAT/C,P+C`\+W1D/@T* M(#QT9"!V86QI9VX],T1B;W1T;VT@;F]W$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O M='1O;2!A;&EG;CTS1')I9VAT/C0Q+C,\+W1D/@T*(#QT9"!V86QI9VX],T1B M;W1T;VT@;F]W$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;2!A;&EG;CTS1')I M9VAT/C,P+C`\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT@;F]W6QE/3-$)T9/ M3E0M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA;B<^ M#0H@/'1D('9A;&EG;CTS1'1O<#X-"B`\<"!S='EL93TS1"=&3TY4+5-)6D4Z M(#$P<'0[($9/3E0M1D%-24Q9.B!4:6UE'!E8W1E9"!L:69E M/"]P/@T*(#PO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF(WA!,#LF(WA! M,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^)B-X03`[/"]T9#X-"B`\ M=&0@=F%L:6=N/3-$8F]T=&]M(&%L:6=N/3-$$$P.SPO=&0^#0H@ M/'1D('9A;&EG;CTS1&)O='1O;2!A;&EG;CTS1')I9VAT/G-I>"8C>$$P.VUO M;G1H$$P.R8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF M(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^)B-X03`[/"]T9#X- M"B`\=&0@=F%L:6=N/3-$8F]T=&]M(&%L:6=N/3-$'1087)T M7S9E,&0V9C!F7SAB.3%?-#`U,5]B8C`S7S1B9#=A,&-E.3%B-PT*0V]N=&5N M="U,;V-A=&EO;CH@9FEL93HO+R]#.B\V93!D-F8P9E\X8CDQ7S0P-3%?8F(P M,U\T8F0W83!C93DQ8C'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQA3PO=&0^#0H@("`@("`@(#QT9"!C M;&%S'0^/&1I=CX-"B`\<"!S='EL93TS1"=-05)'24XM0D]45$]- M.B`P<'0[($9/3E0M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ(%1I;65S($YE M=R!2;VUA;CL@34%21TE.+51/4#H@,3)P=#L@5$585"U)3D1%3E0Z(#0E)SX- M"B!4:&4@9F]L;&]W:6YG('1A8FQE('-U;6UA2!F$$P.S,Q+"`R,#$U.CPO<#X-"B`\<"!S M='EL93TS1"=-05)'24XM0D]45$]-.B`P<'0[($9/3E0M4TE:13H@,3)P=#L@ M34%21TE.+51/4#H@,'!T)SX-"B`F(WA!,#L\+W`^#0H@/'1A8FQE('-T>6QE M/3-$)T9/3E0M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ(%1I;65S($YE=R!2 M;VUA;CL@0D]21$52+4-/3$Q!4%-%.B!C;VQL87!S92<@8V5L;'-P86-I;F<] M,T0P(&-E;&QP861D:6YG/3-$,"!W:61T:#TS1#$$P.T=R86YT/&)R("\^#0H@1&%T928C>$$P.T9A M:7(F(WA!,#M686QU93PO8CX\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^ M)B-X03`[/"]T9#X-"B`\+W1R/@T*(#QT$$P.S,P+"`R,#$T M/"]P/@T*(#PO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF(WA!,#LF(WA! M,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^)B-X03`[/"]T9#X-"B`\ M=&0@=F%L:6=N/3-$8F]T=&]M(&%L:6=N/3-$$$P.R8C M>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF(WA!,#LF(WA!,#L\ M+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^)#PO=&0^#0H@/'1D('9A;&EG M;CTS1&)O='1O;2!A;&EG;CTS1')I9VAT/C8N,3`\+W1D/@T*(#QT9"!V86QI M9VX],T1B;W1T;VT@;F]W$$P.R8C>$$P.SPO=&0^ M#0H@/"]T6QE/3-$)T9/3E0M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ M(%1I;65S($YE=R!2;VUA;CL@34%21TE.+4Q%1E0Z(#%E;3L@5$585"U)3D1% M3E0Z("TQ96TG/@T*($-H86YG97,@9'5R:6YG('1H92!P97)I;V0\+W`^#0H@ M/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M/B8C>$$P.R8C>$$P.SPO=&0^ M#0H@/'1D('9A;&EG;CTS1&)O='1O;3X\+W1D/@T*(#QT9"!V86QI9VX],T1B M;W1T;VT^/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M/CPO=&0^#0H@/'1D M('9A;&EG;CTS1&)O='1O;3XF(WA!,#LF(WA!,#L\+W1D/@T*(#QT9"!V86QI M9VX],T1B;W1T;VT^/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M/CPO=&0^ M#0H@/'1D('9A;&EG;CTS1&)O='1O;3X\+W1D/@T*(#PO='(^#0H@/'1R('-T M>6QE/3-$)T9/3E0M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ(%1I;65S($YE M=R!2;VUA;B<@8F=C;VQO$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O M;2!A;&EG;CTS1')I9VAT/C$Q,2PP,#`\+W1D/@T*(#QT9"!V86QI9VX],T1B M;W1T;VT@;F]W$$P.R8C>$$P.SPO=&0^#0H@/'1D M('9A;&EG;CTS1&)O='1O;3XF(WA!,#LF(WA!,#L\+W1D/@T*(#QT9"!V86QI M9VX],T1B;W1T;VT^)#PO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;2!A;&EG M;CTS1')I9VAT/C$Y+C(S/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M(&YO M=W)A<#TS1&YO=W)A<#XF(WA!,#LF(WA!,#L\+W1D/@T*(#PO='(^#0H@/'1R M('-T>6QE/3-$)T9/3E0M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ(%1I;65S M($YE=R!2;VUA;B<^#0H@/'1D('9A;&EG;CTS1'1O<#X-"B`\<"!S='EL93TS M1"=&3TY4+5-)6D4Z(#$P<'0[($9/3E0M1D%-24Q9.B!4:6UE$$P M.R8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XD/"]T9#X-"B`\ M=&0@=F%L:6=N/3-$8F]T=&]M(&%L:6=N/3-$"<^#0H@/'1D('9A;&EG;CTS1&)O='1O;3X\+W1D/@T*(#QT9"!V86QI9VX] M,T1B;W1T;VT^)B-X03`[)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T M=&]M/@T*(#QP('-T>6QE/3-$)T)/4D1%4BU43U`Z(",P,#`P,#`@,7!X('-O M;&ED)SXF(WA!,#L\+W`^#0H@/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M M/@T*(#QP('-T>6QE/3-$)T)/4D1%4BU43U`Z(",P,#`P,#`@,7!X('-O;&ED M)SXF(WA!,#L\+W`^#0H@/"]T9#X-"B`\=&0^)B-X03`[/"]T9#X-"B`\=&0@ M=F%L:6=N/3-$8F]T=&]M/B8C>$$P.R8C>$$P.SPO=&0^#0H@/'1D('9A;&EG M;CTS1&)O='1O;3X\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^/"]T9#X- M"B`\=&0@=F%L:6=N/3-$8F]T=&]M/CPO=&0^#0H@/"]T6QE/3-$)T9/3E0M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ M(%1I;65S($YE=R!2;VUA;CL@34%21TE.+4Q%1E0Z(#%E;3L@5$585"U)3D1% M3E0Z("TQ96TG/@T*($YO;BUV97-T960@8F%L86YC92!A$$P.S,Q+"`R,#$U/"]P/@T*(#PO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O M;3X\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^)B-X03`[/"]T9#X-"B`\ M=&0@=F%L:6=N/3-$8F]T=&]M(&%L:6=N/3-$$$P.R8C>$$P.SPO=&0^#0H@/"]T$$P.R8C M>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3X-"B`\<"!S='EL93TS M1"="3U)$15(M5$]0.B`C,#`P,#`P(#-P>"!D;W5B;&4G/B8C>$$P.SPO<#X- M"B`\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^#0H@/'`@$$P.R8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3X\+W1D M/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^/"]T9#X-"B`\=&0@=F%L:6=N/3-$ M8F]T=&]M/CPO=&0^#0H@/"]T7!E.B!T M97AT+VAT;6P[(&-H87)S970](G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE M860^#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT M96YT/3-$)W1E>'0O:'1M;#L@8VAA'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$ M'0M#L@0T],3U(Z(')G8B@P+#`L,"D[ M($9/3E0Z(#$R<'0@)U1I;65S($YE=R!2;VUA;B<[(%=)1$]74SH@,3L@34%2 M1TE.+51/4#H@,'!T.R!,151415(M4U!!0TE.1SH@;F]R;6%L.R!415A4+4E. M1$5.5#H@,'!X.R`M=V5B:VET+71E>'0M$$P.SPO<#X-"B`\=&%B;&4@#L@5TE$3U=3.B`Q.R!,151415(M4U!!0TE.1SH@;F]R;6%L M.R!415A4+4E.1$5.5#H@,'!X.R`M=V5B:VET+71E>'0M$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O M;3XF(WA!,#LF(WA!,#L\+W1D/@T*(#QT9"!S='EL93TS1"="3U)$15(M0D]4 M5$]-.B!R9V(H,"PP+#`I(#%P="!S;VQI9"<@=F%L:6=N/3-$8F]T=&]M(&-O M;'-P86X],T0V(&%L:6=N/3-$8V5N=&5R/CQB/E-I>"!-;VYT:',@16YD960\ M+V(^/&)R("\^#0H@/&(^36%R8V@F(WA!,#LS,2P\+V(^/"]T9#X-"B`\=&0@ M=F%L:6=N/3-$8F]T=&]M/B8C>$$P.SPO=&0^#0H@/"]T6QE/3-$ M)T9/3E0M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ("=4:6UE6QE/3-$)T9/3E0M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ("=4 M:6UE$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;2!A;&EG;CTS1')I M9VAT/C(S+#@T-2PS,#(\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT@;F]W M$$P.R8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS M1&)O='1O;3XF(WA!,#LF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T M;VT^)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M(&%L:6=N/3-$ M$$P.R8C>$$P.SPO=&0^#0H@/"]T$$P.R8C>$$P.SPO=&0^ M#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF(WA!,#LF(WA!,#L\+W1D/@T*(#QT M9"!V86QI9VX],T1B;W1T;VT^)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N/3-$ M8F]T=&]M(&%L:6=N/3-$"<^#0H@/'1D M('9A;&EG;CTS1&)O='1O;3X\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^ M)B-X03`[)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M/@T*(#QP M('-T>6QE/3-$)T)/4D1%4BU43U`Z(')G8B@P+#`L,"D@,7!X('-O;&ED)SXF M(WA!,#L\+W`^#0H@/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M/@T*(#QP M('-T>6QE/3-$)T)/4D1%4BU43U`Z(')G8B@P+#`L,"D@,7!X('-O;&ED)SXF M(WA!,#L\+W`^#0H@/"]T9#X-"B`\=&0^)B-X03`[/"]T9#X-"B`\=&0@=F%L M:6=N/3-$8F]T=&]M/B8C>$$P.R8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS M1&)O='1O;3X-"B`\<"!S='EL93TS1"="3U)$15(M5$]0.B!R9V(H,"PP+#`I M(#%P>"!S;VQI9"<^)B-X03`[/"]P/@T*(#PO=&0^#0H@/'1D('9A;&EG;CTS M1&)O='1O;3X-"B`\<"!S='EL93TS1"="3U)$15(M5$]0.B!R9V(H,"PP+#`I M(#%P>"!S;VQI9"<^)B-X03`[/"]P/@T*(#PO=&0^#0H@/'1D/B8C>$$P.SPO M=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF(WA!,#LF(WA!,#L\+W1D/@T* M(#QT9"!V86QI9VX],T1B;W1T;VT^#0H@/'`@$$P.SPO<#X-"B`\+W1D/@T* M(#QT9"!V86QI9VX],T1B;W1T;VT^#0H@/'`@$$P.SPO<#X-"B`\+W1D/@T* M(#QT9#XF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^)B-X03`[ M)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M/@T*(#QP('-T>6QE M/3-$)T)/4D1%4BU43U`Z(')G8B@P+#`L,"D@,7!X('-O;&ED)SXF(WA!,#L\ M+W`^#0H@/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M/@T*(#QP('-T>6QE M/3-$)T)/4D1%4BU43U`Z(')G8B@P+#`L,"D@,7!X('-O;&ED)SXF(WA!,#L\ M+W`^#0H@/"]T9#X-"B`\=&0^)B-X03`[/"]T9#X-"B`\+W1R/@T*(#QT$$P.R8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O M='1O;3X\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^)B-X03`[/"]T9#X- M"B`\=&0@=F%L:6=N/3-$8F]T=&]M(&%L:6=N/3-$6QE/3-$)T9/3E0M4TE:13H@,7!X M)SX-"B`\=&0@=F%L:6=N/3-$8F]T=&]M/CPO=&0^#0H@/'1D('9A;&EG;CTS M1&)O='1O;3XF(WA!,#LF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T M;VT^#0H@/'`@6QE/3-$)T)/4D1%4BU43U`Z(')G8B@P+#`L,"D@,W!X M(&1O=6)L92<^)B-X03`[/"]P/@T*(#PO=&0^#0H@/'1D/B8C>$$P.SPO=&0^ M#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF(WA!,#LF(WA!,#L\+W1D/@T*(#QT M9"!V86QI9VX],T1B;W1T;VT^#0H@/'`@6QE/3-$)T)/4D1%4BU43U`Z M(')G8B@P+#`L,"D@,W!X(&1O=6)L92<^)B-X03`[/"]P/@T*(#PO=&0^#0H@ M/'1D/B8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF(WA!,#LF M(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^#0H@/'`@6QE M/3-$)T)/4D1%4BU43U`Z(')G8B@P+#`L,"D@,W!X(&1O=6)L92<^)B-X03`[ M/"]P/@T*(#PO=&0^#0H@/'1D/B8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS M1&)O='1O;3XF(WA!,#LF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T M;VT^#0H@/'`@6QE/3-$)T)/4D1%4BU43U`Z(')G8B@P+#`L,"D@,W!X M(&1O=6)L92<^)B-X03`[/"]P/@T*(#PO=&0^#0H@/'1D/B8C>$$P.SPO=&0^ M#0H@/"]T'0O:F%V M87-C3X-"B`@("`\=&%B M;&4@8VQA'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C M;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C M;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C M;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T* M("`@("`@/'1R(&-L87-S/3-$'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S M'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S M'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S M'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@ M("`@/'1R(&-L87-S/3-$'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S M'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S M'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S M'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@ M("`@/'1R(&-L87-S/3-$'0^/'-P86X^/"]S<&%N M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0^ M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^ M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^ M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^ M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L M87-S/3-$'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT M9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT M9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT M9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R M/@T*("`@("`@/'1R(&-L87-S/3-$'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$ M'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C M;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C M;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C M;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T* M("`@("`@/'1R(&-L87-S/3-$'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@(#PO=&%B M;&4^#0H@(#PO8F]D>3X-"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R=%\V M93!D-F8P9E\X8CDQ7S0P-3%?8F(P,U\T8F0W83!C93DQ8C<-"D-O;G1E;G0M M3&]C871I;VXZ(&9I;&4Z+R\O0SHO-F4P9#9F,&9?.&(Y,5\T,#4Q7V)B,#-? M-&)D-V$P8V4Y,6(W+U=O'0O:'1M;#L@8VAA2!I;F1E<&5N9&5N="!R96-R96%T:6]N86P@ M8F]A="!D96%L97)S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XU M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`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`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQA'1E;G-I;VX@9F]R('1W;R!O;F4M>65A'0^5&AE($%U9W5S="`R,#$T(&%M96YD M;65N="!E>'1E;F1E9"!T:&4@;6%T=7)I='D@9&%T92!O9B!T:&4@0W)E9&ET M($9A8VEL:71Y('1O("!!=6=U2!I;G1E'0^5&AE(&-O=F5N86YT'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@ M("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@ M("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@ M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$3PO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT M9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT M9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R M/@T*("`@("`@/'1R(&-L87-S/3-$2!;365M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C;&%S M'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S M'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S M'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S M'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@ M("`@/'1R(&-L87-S/3-$2!A;F0@=V]R:VEN9R!C87!I=&%L(&YE961S/"]T9#X-"B`@("`@ M("`@/'1D(&-L87-S/3-$;G5M<#XD(#$V-2PS,#`L,#`P/'-P86X^/"]S<&%N M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0^/'-P86X^/"]S<&%N/CPO M=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO M=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO M=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0O M:F%V87-C3X-"B`@("`\ M=&%B;&4@8VQA2!3:&%R92UB87-E M9"!087EM96YT($%W87)D(%M,:6YE($ET96US73PO'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@ M("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@ M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$65E('!U'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@ M("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@ M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$2!3:&%R92UB87-E9"!087EM96YT M($%W87)D(%M,:6YE($ET96US73PO'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT M9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R M/@T*("`@("`@/'1R(&-L87-S/3-$3PO=&0^#0H@("`@("`@(#QT9"!C;&%S7!E.B!T97AT+VAT;6P[(&-H M87)S970](G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@("`@/$U% M5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O M:'1M;#L@8VAA'0^/'-P M86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S M/3-$&5R8VES960\+W1D M/@T*("`@("`@("`\=&0@8VQA'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@ M("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@ M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0^ M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^ M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'!I'0^,C`R,2TP,3QS<&%N/CPO'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S M'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@ M("`@/'1R(&-L87-S/3-$'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@ M/'1R(&-L87-S/3-$2!3:&%R92UB87-E9"!087EM96YT($%W87)D(%M,:6YE($ET M96US73PO'0^ M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^ M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^ M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L M87-S/3-$F5D/"]T9#X-"B`@("`@ M("`@/'1D(&-L87-S/3-$=&5X=#X\6UE;G0@07=A'0^/'-P86X^/"]S<&%N/CPO=&0^ M#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^ M#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^ M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$2!3:&%R92UB87-E9"!0 M87EM96YT($%W87)D(%M,:6YE($ET96US73PO'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@ M("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@ M("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@ M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0^/'-P86X^/"]S<&%N/CPO M=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO M=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$2!3:&%R92UB87-E M9"!087EM96YT($%W87)D(%M,:6YE($ET96US73PO'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@ M("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@ M("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@ M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'!E8W1E9"!T;R!B92!R96-O M9VYI>F5D/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#XR('EE87)S M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^ M,B!Y96%R'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@ M("`@("`\+W1R/@T*("`@(#PO=&%B;&4^#0H@(#PO8F]D>3X-"CPO:'1M;#X- M"@T*+2TM+2TM/5].97AT4&%R=%\V93!D-F8P9E\X8CDQ7S0P-3%?8F(P,U\T M8F0W83!C93DQ8C<-"D-O;G1E;G0M3&]C871I;VXZ(&9I;&4Z+R\O0SHO-F4P M9#9F,&9?.&(Y,5\T,#4Q7V)B,#-?-&)D-V$P8V4Y,6(W+U=O'0O:'1M;#L@8VAA'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T* M("`@("`@/'1R(&-L87-S/3-$'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R M(&-L87-S/3-$&5R8VES86)L92!A="!-87)C:"`S,2P@,C`Q-2P@06=G&5R8VES92!0&5R8VES86)L92!A M="!-87)C:"`S,2P@,C`Q-2P@5V5I9VAT960@079E&5R8VES92!0 M'0^/'-P M86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S M/3-$7,\65A7!E.B!T97AT+VAT;6P[ M(&-H87)S970](G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@("`@ M/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E M>'0O:'1M;#L@8VAA6EE;&0\+W1D/@T* M("`@("`@("`\=&0@8VQA3PO=&0^#0H@("`@ M("`@(#QT9"!C;&%S'!E M8W1E9"!L:69E/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#XS('EE M87)S(#(@;6]N=&AS(#$R(&1A>7,\'0^,R!Y96%R3X-"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R M=%\V93!D-F8P9E\X8CDQ7S0P-3%?8F(P,U\T8F0W83!C93DQ8C<-"D-O;G1E M;G0M3&]C871I;VXZ(&9I;&4Z+R\O0SHO-F4P9#9F,&9?.&(Y,5\T,#4Q7V)B M,#-?-&)D-V$P8V4Y,6(W+U=O'0O:'1M;#L@8VAA2!3:&%R92UB87-E9"!087EM96YT($%W M87)D(%M,:6YE($ET96US73PO'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C M;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C M;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T* M("`@("`@/'1R(&-L87-S/3-$'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@ M(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\ M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$ M&-E961I;F<@=&\@<&5R:6]D:6,@<&%Y;65N="!O9B!P M=7)C:&%S92!P'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@ M/'1R(&-L87-S/3-$'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@ M(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\ M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$6UE;G0@ M07=A'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S M'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S M'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@ M("`@/'1R(&-L87-S/3-$2!3:&%R92UB87-E9"!087EM96YT($%W87)D(%M,:6YE M($ET96US73PO'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R M(&-L87-S/3-$'1087)T M7S9E,&0V9C!F7SAB.3%?-#`U,5]B8C`S7S1B9#=A,&-E.3%B-PT*0V]N=&5N M="U,;V-A=&EO;CH@9FEL93HO+R]#.B\V93!D-F8P9E\X8CDQ7S0P-3%?8F(P M,U\T8F0W83!C93DQ8C'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQA6EE;&0\+W1D/@T*("`@("`@("`\=&0@8VQA'0^-B!M;VYT:',\'0^-B!M;VYT:',\'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQA'0^/'-P M86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S M/3-$6UE;G0@07=A6UE;G0@07=A M'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@ M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$2!3:&%R92UB87-E9"!087EM M96YT($%W87)D(%M,:6YE($ET96US73PO'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\ M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0^,B!Y M96%R7,\'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQA'1087)T7S9E,&0V9C!F7SAB.3%?-#`U,5]B8C`S7S1B9#=A,&-E.3%B-PT* M0V]N=&5N="U,;V-A=&EO;CH@9FEL93HO+R]#.B\V93!D-F8P9E\X8CDQ7S0P M-3%?8F(P,U\T8F0W83!C93DQ8C'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQA7!E.B!T M97AT+VAT;6P[(&-H87)S970](G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE M860^#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT M96YT/3-$)W1E>'0O:'1M;#L@8VAA&-L M=61E9"!F'1087)T7S9E,&0V C9C!F7SAB.3%?-#`U,5]B8C`S7S1B9#=A,&-E.3%B-RTM#0H` ` end XML 20 R29.htm IDEA: XBRL DOCUMENT v2.4.1.9
Impairment of Long-Lived Assets - Additional Information (Detail) (USD $)
6 Months Ended
Mar. 31, 2015
Asset Impairment Charges [Abstract]  
Impairment of long-lived assets $ 0us-gaap_ImpairmentOfLongLivedAssetsHeldForUse

XML 21 R28.htm IDEA: XBRL DOCUMENT v2.4.1.9
Inventories - Additional Information (Detail) (USD $)
In Millions, unless otherwise specified
Mar. 31, 2015
Sep. 30, 2014
Inventory Disclosure [Abstract]    
Inventories market valuation allowance $ 2.5us-gaap_InventoryValuationReserves $ 2.2us-gaap_InventoryValuationReserves
XML 22 R30.htm IDEA: XBRL DOCUMENT v2.4.1.9
Short-Term Borrowings - Additional Information (Detail) (USD $)
6 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Aug. 31, 2014
Jun. 30, 2013
Short-term Debt [Line Items]        
Subject to additional extension for two one-year periods Aug. 31, 2017      
Line of Credit Facility, Description The August 2014 amendment extended the maturity date of the Credit Facility to August 2017, subject to additional extension for two one-year periods, with lender approval.      
Credit Facility interest rate description The interest rate for amounts outstanding under the Amended Credit Facility is 345 basis points above the one-month London Inter-Bank Offering Rate ("LIBOR").      
Debt instrument, covenant compliance The covenants include provisions that our leverage ratio must not exceed 2.75 to 1.0      
Interest rate for amounts outstanding under the Amended Credit Facility 3.45%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1      
Unused line fee on the unused portion of the amended Credit Facility 0.10%us-gaap_LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage      
Advances on new inventory mature date 1080 days      
Advances on used inventory maturity period 361 days      
Advance is subject to a curtailment schedule, periodic basis 6 months      
Additional borrowings $ 22,000,000hzo_InventoryFinancingAdditionalAvailableBorrowings      
Long-term debt 0us-gaap_LongTermDebt      
Borrowing Base Amount and Aging Inventory [Member]        
Short-term Debt [Line Items]        
Amount of borrowing availability     235,000,000us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
/ us-gaap_CreditFacilityAxis
= us-gaap_SecuredDebtMember
205,000,000us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
/ us-gaap_CreditFacilityAxis
= us-gaap_SecuredDebtMember
Inventory and working capital needs $ 165,300,000us-gaap_LineOfCredit
/ us-gaap_CreditFacilityAxis
= us-gaap_SecuredDebtMember
     
Interest rate on short-term borrowings 3.60%us-gaap_LineOfCreditFacilityInterestRateDuringPeriod
/ us-gaap_CreditFacilityAxis
= us-gaap_SecuredDebtMember
3.60%us-gaap_LineOfCreditFacilityInterestRateDuringPeriod
/ us-gaap_CreditFacilityAxis
= us-gaap_SecuredDebtMember
   
Maximum [Member]        
Short-term Debt [Line Items]        
Leverage ratio 275.00%hzo_CovenantsCreditFacilityLeverageRatio
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
     
Minimum [Member]        
Short-term Debt [Line Items]        
Current ratio 120.00%hzo_CurrentRatio
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
     
XML 23 R31.htm IDEA: XBRL DOCUMENT v2.4.1.9
Stock-Based Compensation - Additional Information (Detail) (USD $)
6 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]    
Tax benefits of options exercised $ 0us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitRealizedFromExerciseOfStockOptions $ 0us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitRealizedFromExerciseOfStockOptions
Net proceeds from issuance of common stock under incentive compensation and employee purchase plans 3,020,000us-gaap_ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions 3,051,000us-gaap_ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
Selling, General, and Administrative Expenses [Member]    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]    
Stock-based compensation expense, approximately $ 1,600,000us-gaap_AllocatedShareBasedCompensationExpense
/ us-gaap_IncomeStatementLocationAxis
= us-gaap_SellingGeneralAndAdministrativeExpensesMember
$ 1,700,000us-gaap_AllocatedShareBasedCompensationExpense
/ us-gaap_IncomeStatementLocationAxis
= us-gaap_SellingGeneralAndAdministrativeExpensesMember
XML 24 R8.htm IDEA: XBRL DOCUMENT v2.4.1.9
Basis of Presentation
6 Months Ended
Mar. 31, 2015
Accounting Policies [Abstract]  
Basis of Presentation
2. BASIS OF PRESENTATION:

These unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States for interim financial information, the instructions to Quarterly Report on Form 10-Q, and Rule 10-01 of Regulation S-X and should be read in conjunction with our Annual Report on Form 10-K for the fiscal year ended September 30, 2014. Accordingly, these unaudited condensed consolidated financial statements do not include all of the information and footnotes required by accounting principles generally accepted in the United States for complete financial statements. All adjustments, consisting of only normal recurring adjustments considered necessary for fair presentation, have been reflected in these unaudited condensed consolidated financial statements. As of March 31, 2015, our financial instruments consisted of cash and cash equivalents, accounts receivable, accounts payable, customer deposits, and short-term borrowings. The carrying amounts of our financial instruments reported on the balance sheet as of March 31, 2015 approximated fair value due either to length to maturity or existence of variable interest rates, which approximate prevailing market rates. The operating results for the three and six months ended March 31, 2015 are not necessarily indicative of the results that may be expected in future periods.

The preparation of unaudited condensed consolidated financial statements in conformity with accounting principles generally accepted in the United States requires us to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the unaudited condensed consolidated financial statements and the reported amounts of revenue and expenses during the reporting periods. Significant estimates made by us in the accompanying unaudited condensed consolidated financial statements include valuation allowances, valuation of goodwill and intangible assets, valuation of long-lived assets, and valuation of accruals. Actual results could differ from those estimates.

Unless the context otherwise requires, all references to “MarineMax” mean MarineMax, Inc. prior to its acquisition of five previously independent recreational boat dealers in March 1998 (including their related real estate companies) and all references to the “Company,” “our company,” “we,” “us,” and “our” mean, as a combined company, MarineMax, Inc. and the 24 recreational boat dealers, two boat brokerage operations, and two full-service yacht repair operations acquired to date (the “acquired dealers,” and together with the brokerage and repair operations, “operating subsidiaries” or the “acquired companies”).

The unaudited condensed consolidated financial statements include our accounts and the accounts of our subsidiaries, all of which are wholly owned. All significant intercompany transactions and accounts have been eliminated.


XML 25 R32.htm IDEA: XBRL DOCUMENT v2.4.1.9
The Incentive Stock Plans - Additional Information (Detail) (USD $)
6 Months Ended 1 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Feb. 28, 2013
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Weighted average grant fair value of options granted $ 5.79us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue $ 6.23us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue  
Total intrinsic value of options exercised $ 7,200,000us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue $ 3,100,000us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue  
Unrecognized compensation costs related to non-vested options 2,900,000us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions 2,800,000us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions  
Fair value of options vested $ 444,000us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1 $ 1,300,000us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1  
Incentive Stock Plan 2011 [Member]      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Common stock, shares authorized 2,000,000us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
/ us-gaap_PlanNameAxis
= hzo_IncentiveStockPlanTwoThousandElevenMember
   
Additional Common Shares Authorized     1,000,000us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfAdditionalSharesAuthorized
/ us-gaap_PlanNameAxis
= hzo_IncentiveStockPlanTwoThousandElevenMember
Expiration of Plan 2011 2021-01    
Contractual term of plan 2011 10 years    
Incentive Stock Plan 2011 [Member] | Minimum [Member]      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Common stock, shares authorized     1,200,456us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
/ us-gaap_PlanNameAxis
= hzo_IncentiveStockPlanTwoThousandElevenMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
Incentive Stock Plan 2011 [Member] | Maximum [Member]      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Common stock, shares authorized     2,200,456us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
/ us-gaap_PlanNameAxis
= hzo_IncentiveStockPlanTwoThousandElevenMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
Incentive Stock Plan 2007 [Member]      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Number of Common stock shares available 200,456hzo_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailable
/ us-gaap_PlanNameAxis
= hzo_IncentiveStockPlanTwoThousandSevenMember
   
Incentive Stock Plans [Member]      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Weighted average period unrecognized compensation costs related to non-vested options are expected to be recognized 2 years 2 years 4 months 24 days  
XML 26 R40.htm IDEA: XBRL DOCUMENT v2.4.1.9
Net Income (Loss) Per Share - Additional Information (Detail) (Restricted Stock Awards [Member])
3 Months Ended 6 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Mar. 31, 2015
Mar. 31, 2014
Restricted Stock Awards [Member]
       
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]        
Anti-dilutive securities excluded from earnings per share calculation 1,361,973us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
/ us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis
= us-gaap_RestrictedStockMember
0us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
/ us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis
= us-gaap_RestrictedStockMember
1,472,001us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
/ us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis
= us-gaap_RestrictedStockMember
0us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
/ us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis
= us-gaap_RestrictedStockMember
XML 27 R2.htm IDEA: XBRL DOCUMENT v2.4.1.9
Condensed Consolidated Statements of Operations (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Mar. 31, 2015
Mar. 31, 2014
Income Statement [Abstract]        
Revenue $ 172,143us-gaap_SalesRevenueNet $ 136,615us-gaap_SalesRevenueNet $ 330,269us-gaap_SalesRevenueNet $ 246,206us-gaap_SalesRevenueNet
Cost of sales 129,943us-gaap_CostOfGoodsAndServicesSold 101,829us-gaap_CostOfGoodsAndServicesSold 250,614us-gaap_CostOfGoodsAndServicesSold 181,510us-gaap_CostOfGoodsAndServicesSold
Gross profit 42,200us-gaap_GrossProfit 34,786us-gaap_GrossProfit 79,655us-gaap_GrossProfit 64,696us-gaap_GrossProfit
Selling, general, and administrative expenses 40,557us-gaap_SellingGeneralAndAdministrativeExpense 35,687us-gaap_SellingGeneralAndAdministrativeExpense 76,652us-gaap_SellingGeneralAndAdministrativeExpense 67,969us-gaap_SellingGeneralAndAdministrativeExpense
(Loss) income from operations 1,643us-gaap_OperatingIncomeLoss (901)us-gaap_OperatingIncomeLoss 3,003us-gaap_OperatingIncomeLoss (3,273)us-gaap_OperatingIncomeLoss
Interest expense 1,253us-gaap_InterestExpense 1,078us-gaap_InterestExpense 2,399us-gaap_InterestExpense 2,075us-gaap_InterestExpense
(Loss) income before income taxes 390us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest (1,979)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 604us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest (5,348)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income taxes 0us-gaap_IncomeTaxExpenseBenefit 0us-gaap_IncomeTaxExpenseBenefit 0us-gaap_IncomeTaxExpenseBenefit 0us-gaap_IncomeTaxExpenseBenefit
Net (loss) income $ 390us-gaap_NetIncomeLoss $ (1,979)us-gaap_NetIncomeLoss $ 604us-gaap_NetIncomeLoss $ (5,348)us-gaap_NetIncomeLoss
Basic net (loss) income per common share $ 0.02us-gaap_EarningsPerShareBasic $ (0.08)us-gaap_EarningsPerShareBasic $ 0.02us-gaap_EarningsPerShareBasic $ (0.22)us-gaap_EarningsPerShareBasic
Diluted net (loss) income per common share $ 0.02us-gaap_EarningsPerShareDiluted $ (0.08)us-gaap_EarningsPerShareDiluted $ 0.02us-gaap_EarningsPerShareDiluted $ (0.22)us-gaap_EarningsPerShareDiluted
Weighted average number of common shares used in computing net (loss) income per common share:        
Basic 24,544,272us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 23,845,302us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 24,409,969us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 23,779,913us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Diluted 25,265,857us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 23,845,302us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 25,105,262us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 23,779,913us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
XML 28 R6.htm IDEA: XBRL DOCUMENT v2.4.1.9
Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Mar. 31, 2015
Mar. 31, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net (loss) income $ 604us-gaap_NetIncomeLoss $ (5,348)us-gaap_NetIncomeLoss
Adjustments to reconcile net (loss) income to net cash used in operating activities:    
Depreciation and amortization 3,853us-gaap_DepreciationDepletionAndAmortization 3,523us-gaap_DepreciationDepletionAndAmortization
Loss on sale of property and equipment 78us-gaap_GainLossOnSaleOfPropertyPlantEquipment 181us-gaap_GainLossOnSaleOfPropertyPlantEquipment
Gain on insurance settlements   (373)us-gaap_GainLossOnSaleOfInsuranceBlock
Stock-based compensation expense 1,627us-gaap_ShareBasedCompensation 1,664us-gaap_ShareBasedCompensation
(Increase) decrease in -    
Accounts receivable, net (10,499)us-gaap_IncreaseDecreaseInAccountsReceivable (5,500)us-gaap_IncreaseDecreaseInAccountsReceivable
Inventories, net (32,879)us-gaap_IncreaseDecreaseInInventories (32,355)us-gaap_IncreaseDecreaseInInventories
Prepaid expenses and other assets 1,113us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets 553us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
Increase (decrease) in -    
Accounts payable 4,105us-gaap_IncreaseDecreaseInAccountsPayable 2,560us-gaap_IncreaseDecreaseInAccountsPayable
Customer deposits 6,178us-gaap_IncreaseDecreaseInCustomerDeposits 5,693us-gaap_IncreaseDecreaseInCustomerDeposits
Accrued expenses and long-term liabilities 926us-gaap_IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities (1,115)us-gaap_IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
Net cash used in operating activities (24,894)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations (30,517)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property and equipment (4,170)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (3,921)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Proceeds from insurance settlements   714us-gaap_ProceedsFromInsuranceSettlementInvestingActivities
Proceeds from sale of property and equipment 37us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment 81us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment
Net cash used in investing activities (4,133)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations (3,126)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net borrowings on short-term borrowings 40,863us-gaap_ProceedsFromRepaymentsOfShortTermDebt 37,634us-gaap_ProceedsFromRepaymentsOfShortTermDebt
Net proceeds from issuance of common stock under incentive compensation and employee purchase plans 3,020us-gaap_ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions 3,051us-gaap_ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
Net cash provided by financing activities 43,883us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations 40,685us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
NET INCREASE IN CASH AND CASH EQUIVALENTS 14,856us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease 7,042us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
CASH AND CASH EQUIVALENTS, beginning of period 27,839us-gaap_CashAndCashEquivalentsAtCarryingValue 23,756us-gaap_CashAndCashEquivalentsAtCarryingValue
CASH AND CASH EQUIVALENTS, end of period 42,695us-gaap_CashAndCashEquivalentsAtCarryingValue 30,798us-gaap_CashAndCashEquivalentsAtCarryingValue
Supplemental Disclosures of Cash Flow Information:    
Cash paid for interest 2,297us-gaap_InterestPaid 1,929us-gaap_InterestPaid
Cash paid for income taxes 36us-gaap_IncomeTaxesPaid  
Non-cash exchange of note receivable for property and equipment $ 6,020us-gaap_NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1  
ZIP 29 0001193125-15-172109-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001193125-15-172109-xbrl.zip M4$L#!!0````(`"."I4:U=`L``00E#@``!#D!``#L76EOXSB3_K[`_@=M@!WL M`LN$IX[T=+_0.0C0G623S/5^"12;2821);^2G$[FUV]1LMV6+,='9,4].X,! M.I9(B4^Q6!>KJ!__\3R*M2>9Y5&:?#PBQ_A(D\D@'4;)P\>C28["?!!%1UI> MA,DPC--$?CQZD?G1/S[]^[_]^!\(:5=7FI)ZC&0 M<',P&4'O.%6U?I)!F>:OK")3>380'-M2&,XU2CF`B$X7]^0]FI M8*=4_^=BZW3\DD4/CX7V7X/_AL;0$GHP[>KXZG@!V`_:=9KDT'HT#I,7S8YC M[4KURK4KFO`H1R%J(@!.>0C#\;SG?9C?E?VF-Z`_X0@3Q,BLRU!^>U$YHEP.CA_2 MIQ.XT=+\\<^T-JY1F$4)#.6Y9!E0Q)&@[R]1WFK!5.4/,F\:.]3W6M!E$>#%82+!BWO M2.0#+/GA2E:W3K(TEB?39O->DU%[CV&1G2A..8$6,HL&\PX@%=;W21/4Z#&!G>/0'YH6BE!XM.\7&=7\EXKE_.I>NK'HSP:C6.UZ,IK8390B#83'&6/ MQTS>0_,_4S1;,,?/^7`'L;*YQ#JI4$WEP.EG6+07]R"DAU$1A(,HCHJ7+^%S M-)J,G#3+TJ^@>-QP#'>*%VV0)H5\+J[4H&4:WU[Z!'-F(H2((!C]+\:8WE[? M>+?X5G$I-AF!/PDU!-?Q,_RK,PKL,4FBZAE347?[\[5WI`WE(!J%,3#RV7EP MI$7`.-'PUC`-SKEQZ]HV=:GK(U=P&W''U9$3&";R#29$0$RL.^*6WI*C3Y0) M7/[WX\DN("OR@,P[]9,"?H..&:7)=9$._KA^##.97TR*4OM"GRT)(N`>OL4+ M!,C+)Z[#+KA@!K<"Y!C80AP+%]F"!(@'#G8YUYGE,<`N`+O@%K.$^>/)9@#J MO%#>=I19H!2K3/)2<=M9%B8/4AD-SLNW)I?AB[ID?PVSX?ED=">SB_OJ^?:D M>$RSZ$^P+K:C#\.4FB7#Z):@3#&,L+@)OTULZ?R9<%/GIKDU_0S/\P,OL)#C M$!-QESK(Q`Y!PG0,6QB^8?GD5BG46Z[X1O$0_.)"_\9!G9/FX"D/I-?[H3R; M4QX??2(]4WZ/\H]A72WW'N4?*^4?[D#^S7JZ8?YH)T/UC_^O2?04QD#>W"[< M,,M>H-CH@MLQ0CF,9!`0@\`A'G'(#.X'`AHV! MX(JAJ''TB6'#,FN4V`A/G00^J/CT13K>6<6*+;9G+,=RCG-H@PT[%\6'V6 M0+8M/,1\,PBP802!XX`&IF:I@G40GHL\US[T-?C>8F;L%Z0%(`&C;KX*LGLK M0RW8XD5%,K(RA)%?%(\RNWD,DRG'S#GN5ZF"`QB MH`>M8\HZT((=$FT-P^YL?.R;7T$15-8%?HU?5QD(-YD,\TGVLM#TL/`QX!;# MPM8BNI9!UU'-C:,B[0)0^9BUQJ#+&7/`>J&^@Q%G(D`6=7SDF]P.+%@3!N&W MZKF?Q`+GUT>Z"@7P:7Z6_/H8#1XKK^=B7`8^WP[MN*OC1IP6N7#/VCM3$U+"=VRB3NWR01:6PNU*A\+=2:#Q9 MS^J$![I)@3Z6C4'>4\\&:]VUD2\<2GTPLX0MIF8J4.B8X`XD_1K<*Z7W99A= M9"7_#4LQ?RFS\@4]Z,BWL):N"`<4;!7IJS"M7TL'J\6`44A3B;T.H'>SJQ)F M/=$-P_+R/8,C0U`!\I;IR"(N`U_&(@[<"GS?_69-$5(C7&_$>(WAOM.%1Y86 MWF:PUJ^]@W3IV%H5UN;.G0$7)&"QO"@2E,PUW9A\NT&RN:?/?1W`4(H"9GG@ M<-C@Z5L.`U5D"VJ;ONU2`*@,+BH:DF7U^%^;QLY]JR/M.8].DRC^>`0+3NX\ MB;AEWR.\4W&P2.9NN157[&UBEJ-8&PZ;@(ZC\&["&M&\YM!70@-I-#A8="I` MQ\4J:-^&OM)RV0.[=0&,BNF":C5-6EQI>U#N(N>@:,*[6!XN/RH;A%BT'E)M M'WT=X94LPBB10S_,$K#T<^@S&4UBI2,\>1\-H@-$RU3DTS`:'+H>26-NA\-( MB<\PO@RCX5GBAN.H"H3.&.(`D2N-P*@P]?I$KX6RQ-8@LX??A:3E:M_$X*3) MV>T`&I:U@OZ8QD.9Y95]>'@`F0+(N=J'JMG!2T-?J4KL9/A=``7A6X+DJQ1+ M*Y"&CIGD13J2F2?':1X5!\RWRK;?R@'4:B'P&S-4,=*X#TM=JFS^IZM2,__6X`AG(8$P- M'^E$)XJ>!%F.%R#3<.%-W#=DLB8>?,PGQ+T&CCTT.1@9053CBIN.#6O0:B#79`BAQPI M`WM1T(:-WSKT5S(7#M2Z8BJD)"H5MR)]H2U@=M@:3%>!35WG1HOLJ/'AXY_I MJ9O"4@1%GM?3,S_+*@WG2LG9W2`V\ZBWW,/&/K&YY^K((\Q%W"<<618SX*?K MZ"81'L-ZM<&FU,NQ(7X\V13/'E/[5+8M9J0"K5-K^WTA;'B6L'UD,4='W#4] M9*H\#BZPC2W3=#&W*Z\')I@0L66>W\X[CU/MN9`OT4C8\I]E-HAR>9F!.N^< M>+LDO`G7QQ[\0)P&8*!X7.6!^P;"Q/)$8#H!-:=;M+I*_#XV10<[M-O1J=O) MF3ZZ5#EOV`M_,P\37;C4\C&BKB]`3@F.;-%)+7SUG=3Y/(51K"8V2+,R3_?@J:P$/"8&-ZWN:=TDQMX4[G31X@\>RF11?8^SK+F?"\P0B+@$!;F(/ MV=@.D!X$U&&N#9+=GU:<6LSL*+]L'3U:R'ZW_C5WZU5$_37D\.FN'$?39,V- MH7T19'75X.ZDVJXJL"W!BPG3<;F#3&$[B-L8`ZE,CABX?02;'C-]MH*I2U^T5D&Z.4<(V[6Y21B`4VK&4T5_-K40=@(?6"#0?6*J M*E)^J[A!9:DLYVVLW?+MV@F=HC8PIW3[BN\-$5FH7>,>RLSW,TY/?`='%`?F=@&U]!F M8#M3RT:^2USN>]2U7;=>ABLHJ+O6];T9T$/U]-YVQ(`(++<\$H,2BRJ[V$6. M85C(M9CN>8[#+#H-4\Z.&*#-,HH].7TJ&MJUC_-6(@O*,1?[(7*]9GQZC,,^ MB+#_O!*&K<9)+1T?45#22M4P40:6\EMS2[HQ7O@2Z`XK*:.)V*=9+ M]PR^H<2Z^R+@763!6\`?6A'POB?[KUH$O"O=-BH"GFD-!J[Z7[,$N.]E M=V`EP/M>=>]<`OSJ['91`EQE\-"&7.FO!'@-P`Y*@,E>2H`WGY@=4\E(60), M=&K2NH_81PEP'^C`_"R]WUY+@'L`]CXEP'W,&%@@ADGK!>GO4@'<`]BJ`I@T MJD+?O0*X#^2E0C`L9M4G^ITJ@/M@;*[.W-,;.K"O"N`^IE15`C"+6MMMF75< M`=P'4%4!C*G>2,EXCPK@/OA650!CRZ@OU)XJ@/O`IRJ`H26M%^+LL0*X#U"F MLNH8,U=:=7VG7W>Q9M]@!:R5Q. M1`/RED6;.]4"]@#.:E4H'=<"]H"C.@-$O;SW6L`^]+Y2%*)9=-5K+6`/*)7F M(&9C"OLH!NQC!GLO!NP!E-KC-TU+T'7%@(==(3:EU'O4Q\P36,FQL9\OOJX!C*S'312%! MQ=FB_$S,.Q1P=!1/Z2_-GLS2['%K<+2?-/MEU'M,L_^6.TIW3F#;PSSO. MS-+LRWGN.U^T^S)+,U>H7V/-/LVQ'M-LR>S-/OJ['[.M M?2^*)\4V"YF8=.V7K#:V([D#CZ6N@2S?`%'OV2XR&?&0Z;N621T=4ZZKKZ.! MK$?XF-*%8Y#:<72K'4NK)C]+X"51VF4"9J=$]*AN&)YPD,=LX!O"+&2!YX)\ M,,*Y[P0F] M%-%3M7,#1(V2"5R;WMSJM*Y-*-W)M^O*B#=B6)!Z).-M0.M$:]!X9HY/>?\- M&8\KJ;3,?WCG15P>^F08ED46F'!+2*\+,^#4:'#8HLQ:*\E*$!O-^Q)UNL+? MY:S3+6:]'5"WM=._E"E^,ZDUETY;5$YO+5)V/(1S:KVJ^&BS`'A?1*B3^JW,*8&WP3QJK&[DDF$[E5E+\_0+C\0"/% MC<+)^L";&Q<#%6:5GJS^A2FM=F^\:7)?ZR[.0:I/9>,)4<]0V@W>.A+-=DZV MVF/NCQ*@(AAE0JRAQ`**)<#I2'Z&=1!DZ:C-JG#D?9K)JMU-^"QS_[G(PC0# MD1MF+V>%')7[$=`S2^.XBH5(D,P'N6ITQ3>,FTUR[8LD91HEZS46BUNG% M_5F23S)5M>O$6V6(]<=>ZIQ>H[[,7@?Q.N#:!OE\=_P0@7,5(FAL!F^&IK'C M.#/=OS'9(:X+!9?1QDRWC'V'`YAAO3@RD?=JZ&&LRE74*IMMOY3?_-SA:/-M M2=/ZN76#4-\G%B(N!L-*&!C9;L"1*J0FEN_K!@UNFX>'=8ZYD1A2V5_Y36H/ M@*,RN3*GY!!73?FY)XO6E\WFD):\_L->-&:;,JF-NJEK*Z6@\FH/L_!ZE1.G:$;(N9+(=TK:H"G@!TP4U=08.<;T8->]FQ<`W MVHX+H@2$ZW>Y':<.V.!8-T73E'\#SM4:]DJ.IRZ1VL68UKAL]^&W'DE#50A( M9ZO5ZDHXJRG0$C\Y>-<6G*-&/&@+1!LMH!9CY+M90"H@STBC@OUM.#?U-J<5 MR8=(ENKX4GU37W.*Y!7;?'K*XVSW\^=D*#-X'G`86&_*LFD-1REVS*%9/%'[ MI/T$W-[`2\I%Q6+U6NN<"ILD`ATBIU&F;AHJ^9!0LOUY.@X3GD^H@P+?`5*[8%':CL]08%FN MPW5!/5VO$HCKWXSM!'5';#S/8;!!DHQF\SB6`W6\0Z1T53*\"HN=>?B5S/;F M1[F6UW[@8L/D8*U3Q]01QSY&IDD]Q&R+^Y;A>3JSJ\Q.7)W0U`4S;TJ1CM)K M7GN=LAYW3K!9IOS.U`4M=*E_Z2"-9BW8/7+U593_$612SJ)_WP%7+Y\[MG>* M]"!6?DEC>(SZ2-YW,`5430$G7:3_;DZ3AI*,XW00%G*%+??&N*NB(R?"4G14 MGU38R>C8;/MX5E=G-.R.S0"N_B+)[)N+BWSL@59-'BHSY"VD6?'-DO4LMM&W M2HAZ<;7*F=[^G9)UX'KZ#O0TXS'-II=4N[>HIMDA^.H4?+YCGN?B(?>7]'?^ MA7*OAP\^MY+B^S''&I3?@J4]W?[[?YMC MN_+\YM15YAC[G7XAU/O;)NN;M:# M4>$XMD6Y+WQF525K/\3%AV'T],-#\0$&KGX5960X+UYB^?$HN#B_0==G__1/ M-8+'Q0>MO!#87\X^_WZJ_1".T_S#3322N78NOVI7Z2A,JHL?-.?BRO.OD'OQ M^;-]>0T/&*1Q'(YS^4&[\7^[03=7]OEU<''UY51+T@2N_@H=T/6E[9Z=_W2J MX?$S7#KS+GZ]AG=_T#[[-S?PN/G]),V`0Z;/.COW_/.;:2?T5=[]$15(41+E M19;^(='7:%@\EO>/M(&,XWP:7=I-I29 MNKY(HFSQQU!["N/H(?EX5*3C>7<.G:>78WE?E-U5\SOU!^''ZN^3N]G5DV+X MRB-7/L>]^/+E[.8+8+_6[',/NKLP/T"?_V/O27L;QY']/D#^@]`S`W0`R:W[ M2+]]@,^9/$PGC22]_?"^#&B;=K@K2UX=G;A__:LB)^[!,/ACD+?*G>_7%]H]1N'QYNOR`)@0N^_WG] MT.1KT9Q9B756%5CB]NY*BOKMCZH,_[D4;"58;#5333!$-J^'VZ]7DHV36HM# MS-]?9)","-^IA!W'AR1*1E(2PHJ`.9?&DD_[Q)=(1P0#X&&,I8`LD))'*N7Y M[?!])TPC<+?"GM1.X14:QQ6$V:8^HS\HO$T2_`1>&9`$A'@LQ8]AZG=AWHGT M2.`5`E#@-S`C<<#N#XKP:*\'4D<*`PG@H\"(0Y]UT2N2>B+*"B_#8]&15`80 MH!Y2/XEQ)N$X4B3#5*4.B1^EGA\^Q8(=AX=>_PV77]/77O]U)$1.!3(8?O[U MN:I^GB-.*2-?*R-?+8/$?_GC3#]-]Y987ZONID#?6A5[V6Y5J\F+M\":?&U] M_NQ+VSUJE6GKEAUS\+KB=#0J)M@EFEZ%?P.Q];8&8\@-70`X;ES7HE!A8%*&S8 MGGB:)Z+HH+?1M!#B1$K!,\FL#?BZ2X-P`&H_`6W>XQK=[V#/=835YM7J).A* MW4S&!32!3S%=3?H(0C*^E$!.`10.^NHX3`!]P[512Q/@(-++TPOY@^DD-%I3 MEF7?6_;O'UX43NTP2<+!>$Q]^2?;>EX.O=>AI[5$$BW86.YK]M6'E6CQ.4QO M[1<(,?/%ZF^SN6<[.Y>:A:SC?@YWVS[,$1QV/VPZ>&#/[JHI??SP&%$J?0$K M[C&6FD&7=J=U<#N2/DU,BC__0J+.8S%U0Y/7-`W.AFKW[/G(:%;R_>P*ZBM7 M$,^0SX]K7\39>HSA6X"'Z(;NF)1NJOM;W0?@4D>$_/HC_W^;L]X^Y M*5NF*>O.^\/'>8F[*I`N:VMUO,MR]PXF`(S91=3?6D M-IVC:[+E6J>$=LDI!^$4V[-DW=NQ5EI'-D^<\BY'=@\$G97KF8O!#[6G_(OG MS+]8L`JOE:Z['G/'SEA)Q9**)16/BHKE4#!C!N>AMM[XN'@BZI95)6#Y%/M!_9$L MJB$0*J]^8(%H<9)7572*-B?CDVC:!2"9J3RVD:4V[1"PKD4MAABX.(#S/DLT M:STC#?$.VSA'I!]1K+/`:8@1F5,^I@]9X0'(&N3'@AO.KJLJMH8'T M:Q&>DW8%Z5<2'CY>E_0O$1Y`K2;]BX3'*,1BTJ_-]6:QQA/K]<(G05A0/YH( MDPC.GPJ49&$209"U61^]PP7T?Z(`?QA&G"5XPB]_,2/5N'JH)_`!>O$!8P2_ MA%?GY/!!!*=;I@6?5%KP#BN#^(.YFJ"EM2ZS/1'%K3ZCKZ'/.J/M5\18CEJK MN8:M&%I#4TS/;2A>W=(4S;2=NFTV&O#SLHJ8\V3`_-'5#(_EBS&F!2`?B_;S,8N3 MO."`B*YI>!T4UC\2<1,%"(SL*]3B*&#@=7C2#44U(NMF)8967H`<3T'5`"H2(!W$`H1V21`:Y#J^/1V(^C<9`L"^S M*-<$<0IR&G'&X9$$70H*;,`"$+B(M(3:E?581\&6$PG^2TP7)OAA,Y5I]3T4OL)YSXUYJ(1 MD9CYF'S.DZRR'J,\$>3*W_2*+L'N\_.M``^L_,&T%5:1KGL27D"'1;H=H&6& M23:W\7:`'?J(C0ID"74]YW@L'B*@Q7_P_I&P`7HP>ZPQ#I_XZ7(4C?`]_K,\ MSTRK:7[!BYA];NWQMJOSML"\'%XF8&>:4W0>:3?U\WZDPBZBFN+J&OY+`T".:YMU\T7IO<@N M6FT*S`CH1;[?C(^7R_#I\K',^D@'L*BPV^,EMB:O7DO+!N;I`/':\98VZZ)-4?7I6;5VH:-8[^MWLDQ7U_OY!RN\F?G0V]4 M`;'$H-E6M.!5YVV+,\-_Y?W&U"VDA8N&S7SHXTZ&WQ[*>5"5/RBJ>Y=_=QKJ7:9=UXMLW18)GF_C<*B(O M&6(;'1O3(TK$^VTS7.V*MF-4M[,ECF4#U+G)'4M=WDN3F]!# MWMAQ_UQ^J/>.>LZG+X"-E?PG&HY*?51U]`!,]T;1JFF:#$;!.Q&NFE?1CR"U M^9BDZUK<+2R,DV/NCV\R'"Y/@J6/PUXXA0RIPO_94U[OFP?_N(YR\YUPBY;SF(\W*$:+(C]_C:!@3]-0LS MXWUU_\P#61.MNG<4+3*J#;=:J[:4JE&K*:99=Q2W9>(%'KI;:S0;M:KK''&T M"/.&\#QC+GF/%)03<4\,A%+2>;R8S-O+SD'>6P#HK0WO;+5L>%<.78:]SK'# MW2$(=29-[J?WNFV6MGX8.;W M7<^VQ*_$;U?XG5J$;;40PHOBE![:TBR[*DZ*,$7J]*21=N;<7.)7XO?^C*3B M]L23$TFF5MDXQ',2/&VRY`"&JTS==\_VA M42)>(GX"B&\E*+ZEN/7K`N1\@%L!9X\Q<=NMV[KC64JC5K45LZ9K2LVT3,5J MU&NNJ;:\AM$L8^)E3-R?BHFO*#-<%J(U#A<=+H^MYQJ\+@5@67I! MWHTS:[]YDV+7QVS(7641M#S+K:K5FF+9IJV8:K6E>):N*HUFK=FT'4^M.JV- ML@B.[6(?>P?W^DQG-+!8(J*I?@=L\/%-(OPVDZGK*+.[6[HT"`E'B+DI6Z8IZ\[[P]R0'<>3/6W'?4V/$'-3-E7`W/9V MB_GVA>LQBM)F?@>ME-\Q.[XJ%T^6BKMRYVXO@X_%7;E[E9=EU.$@F\[1-=ER MK5-"N^24@W"*[5FR[I7=ML??SLKUR=[74_[%GBXJV,:8.W;&2BJ65"RI>%14 M+(\:IH\:T#C._HF7IL-D\W2PO[745%S/'7/L&9JB^[O[92N#'JT!4-+QT"B5=#QC.KZ0H=F. MI(Y/XO@?'ZK#H4\57N'7X1<(*P%]\EE`/XP3`G(@*[(Z7Y%Y*9(WNY1=-<). MBAF@#Z,AW5H^IN,8KMNH-A6O9FN*:7B6XCH-0VEJ=;W6<%6OKILB'Q.A_M>G MV8D4TVL&"4M&=[3/X@3OM+TA@^U-TS(MPS&]EE)S5$\Q5:NN5"VMI9BMFEHW M3=OP&@9,4_OPWV"/7]\TOU3_5[J^J8OY+II9,>^'B&!T[WXT:(?^OB<,=/WS M_V[%-*\W-_`?R_!7\LT5OK^]4(IU.F(*?A*FLF1N4D&<`QP+^6]3E=R@^L>11:E7O M:U)5?""BMO<8U.57U-;#+NNQCLB?=4Q5GCB&K7\6E)<>$'+QO/%9^CCY5O6^ M#C#AX\E7+BO2MZ`++AG\*@`_49ZOVP_83RIU:8]&$?AP,&ML0D83'B8!.#XC M;:RJ8X`,8H<9O;TT22..(:YY#'XB!>S@BR2)6#L5&:9)"%\G=#`,(Q*-P$GL MP1#BO39-GB@-!"P6`&D8\6'A"+R.WF:'1-%(D(8,D$S\ZDGZ#%N&=T\;SV]J M=O@W0&319*'AEOXP9T%Y_#SV%,EY`(X+7%`H%4 MAH&`\C#'Q*?=BN`X_"GB^DLDW(.CX(=/)/\8ODF!X<(T6HBJ6!R8GJ#O%$)\ M7%"+/_'RSQ%?80:4J-]PO^@O*=&AU;F-.%! M6N]]3:,X!4F+N$UR_R"-DS%V'+6%Z`"$'"&@2Q^V*5(":2>H-,YU7T#G2CX@ MTBH*$8S813U<&!@N9CP9&_["=<.$^6DFXBO)U^+BET4#`.J7"QAO&#&>4P_; MJ$U`,G,F_"SIEQ?81A`X*B;^])Z:@CVQ"3Y+!A]`&OHD",2>1,65@`++]IQY MB;C]2_!/(1HFI@1DP-'@TR77Q_+U>"1`^2`L&&P98OSX:0HU^95821S(,$J[ M*&X0B1[(!9:-.<9U`M,*UCM$%-:.RED)0[8Y!=`1CKMLM[$8'@]IP$=+AR$> MH/5I`-_R62ZCF0\"(NT_+KUY%Z",B?<$DT/B^2&8@1%7.S!-S+5%`DE@(_'3 M.J`PGLYEG,XGPMEQ+(0C"L*(SVJ81O"64&&(6`QV,M=-@,._THC%7=;A\719 M"+4V]1G]P?M:PE0`Y3CMP>L,<9X3#;CO.C3B1`;@8GNL8B%<)%G`'J_!S`8$ M($L6H"+=P@^+X3)$$,$&B3_"3<9PUJG/Q44V*J`IPB@&*`#<3\>"@@V&1.0BB%7W)2R4"0>L@W3HLB(M07!69]0! MRPI>"PB?":I9T+$+\4%H M+.B"`(Q&A97@?0;%`(3HYKI_3&[^`6A5``-C\PHP*11L06`*HYC%>;7/I'H8 MK_83*ESP4@;@FR"2)%FZ5P)*NW@J#]S-`!,.,7T!P9SP$P%C*'=L4&Q!'!A(F23#5S?2G$ M"4K^&`#,*\1YOVR9=3UM@X,>+"S(KQ$P$_(D&D]Q->C6N3,87P>3[P!+,G`7 MX^W;ZQIX9E[-ME-9(H5-%4]?,)3_#;L@C"# M3V_"2B$$$8"B>M-NXQW(*12#O2@<@(<9@%'3`4G+G=$ZZ`"0-UQI?7P(AZ"2 M;-6^G/8NJ_??^-04[U(&F09R`P1?G^?+B>F@,HC$*)EA!+8"BDQN-H&T?4(A M6`@I>.4_*<.(8O;5Y#="7(/!Q+B/!`([(D$,F@*%/H`9,%0__3#LQL(MBGZP MS.OIY-B(("4)./?9%U M39_%@5OF$J,?-SBD3WC]8IZ&$GBF8453,@A1+BY#BD!]3Q6+,L(TV MAK!501/U4,-PZO,%%.M'QCC+J!:?*+X##FKPB$-B!6W<`8L/K`B^,)SJ7$V@ M:Y*O*BHSRO,ET4;C:C$(TFEKD'<<1RYI@STLK&/2`Y4N-2BL:9M&!1.B20J` M;7G"#.*'E&Q00$233\#DB'!OF:_1](@5J4DB,&I(5V1OXE2#,!%?#U@"!B-7 M^)TT$B:D"X M=9J;R@)(DE'S=:[NKD2:>P(UR*L.I;=AUKQ\?T$]'(`S%O.=/]F\H(K\#SM_ M1]T&FDW'=9V6J[2:EJZ8==53:E6WKM2LJN%5JRVU5K./^,Z"S%)+!P,2L9_H M0XL]13*JH^7U!P8%U_37=MFW:->$R73N#`5NBPK' M=T"#:K^/$85DE@^NP<)GX)YT9IYC=R4J?63!S',\)XZ!:O'EGHEV6/+EB0MS MNXOG,X\QC,"`[M*3:,JK=T0&XH-ENG'B>GR*`DSCSRU]YF\*M MT?/<&]?6B#]QJKW"?)ZS7H^]9$J3#4N5'77'!:U[T@8O9^;*NF[+AG8BZ/ZV MX:):LN=NW(/_4-5_FR*K59R3P_7-E8X5>[Z5OOZTG_/I[;[%GT;T/9?]0]50;/E(=Z&['X4Q/N1F;I5,7?LG[]?F7F\=N;=3)>ZK$==EB-X<@+T MHZ9I1VUVE@[E46WO\K2@E.(G:_G2+/9<'@P?KP1[JS[#UKV.M7$CT=)*WJZ5 M;%?LC6^7?-_B]11Z.A79,'OJ1/CF`?Z"6!/ M7&E7W-VB=V[VY?X:"[Y]Q&.R,$NZE70[1>OQ%.=\:D>F+US;)(Y*>5GN`6W< M8W_OS3:X9ENRJ>W8'#B,%>?*KG'4?>XWKT4P#I-RLB>NM"H[=I=.R3P]#=%2 M&C8EW4J#\+CF_$*OM56MX#?MD3/3;.93&Q6O?"4C?%3%;*9L M#-X"(;X.OO(.4#/MZ?F/#9+0%F'1/WE!_,8->M*`B:]8')JZYOS][;[Q]Y!& M?XOKCCY(7=IA`^+'O*9ZIIU/0[<=IV'5E(91U153,SS%INW6S66J[> M=/_6L9V/57&\"6KOESJS2Q-&R0.-!@W:3G;0XL@S:DT;*%$UZYYBMAJJXMDZ M=FZO-PU5U0"J4W:"/%PG2'<[G2#O_[R]`T(V[[X@M>]NOP-EROZ/;^S_6$W[ MV)!>=W%F"3>>QD2(,N;YZ(K0'3"+[Y`7^%$78J;(FN=$%?JO8C M*GHL?L36=T5V3OUS%2$`Q#J`98G4`E;$SM7%*XW/E]C,.023G/'.PM.38('T M/VE`<8HJ[S88IVW1_!_[[A$!7>;M_`#*'TT)!-P`W7GB2PV\[@+O!L"686*V M%'Z/L/5]T2AR@@87OTQ@#+034T>4!M@4&1N.84.^O.WP#$ZBAV0!SI$G^S>3 M]'HD>:UGS9(&"Z,&\#K;95!8O[\5$ZWDB M]?P0\,0&YWDG0Q@6[_MC":`#%G0B"EI)-!+% M>0PC^H.%:2SY#`#@Q[_I:O'9!,T!0H$F7L]?FMHVD;?B[J_0?6'YWJY(J0L'YD&1=!8)@5L_:EA_)R3[YY()( M4,*&(K@`:4G[Z]\^S.!$4*(DDJ)LWEMW+%'$8+JGIZ>[I_MJ*?A[@KKX5$7" MH'4;UB3W2`*!@@OD\@KD.Z+83]&F@"T-`TB`TI'L8!%)C<)B5GZ=T3WC$M\Z M)PQ/L4J36#26I`W.W180F#.^'2+XMG[L6"AGVK$JD,\%*+A`\H11*@]>Q!V8 M!<)SXA>G\)0N'N9)$;QH#%]$O'[5UB$EIA18?*.8>YBLXE&2=PS30A$E MG-!9FA!G+E*!)8KJ`38WZ(/WZ70$>N,$7ZWTHNE?G5/LWX&O.6-HWEI;EOV;.N.8MWH\;4XDY3417R:L5(EKNI*FPS99WB;^ MZ"OW2GE8(B)<(H0F)OS7BSL!TA\-_[M(N(L"]9P`8XD:2"#8,0JTZ)4J5!4" M`^-`6:Q$XM4XQB5L19#:AQZFS4$@M83I/XM@V?%\1KF(DI&2CL?')4DP(1RG M?)PP;D7K`3BIZ4A!$K2NZJJE"SN*[O)2_THK`,=)$SBM\0"JOP5G>?2F^2(> MOF/8VJJAZ2B[B9F%62P86J<9@7^'5QW!+.XG41[@J"5`C4WHS,J%_TJ-*`C% MN8"7)L;!FV81`@/?\.:Y$#DTN&K5=R"8:7'J)T/>>HSI7\(=Y\EMA_9_+M1A MRT2.L&U!AAC/%[)5`N%88Z\T7-VOY+:*35LYS0IV,7`T.2YSZA.JN8@>E)30R8;'W,4DR:^XDP">N]A= M-1G?M4Y&K,2(>5UC,X9$T(`@2J5=6.IE[.M`RC.+)Z3'Z0/X2@Y*F1Y.9]AQ M:\3N\C2>SV4#JL+4WDHWD^,Q&(^2X\T]@Q5?<_*2-@`.B.<9*HX_ZC8E7-RP48FXT M%Q:TC.X(0LJOD96:T[-E[`@L&GC!G!@TBL?44*QB@^=R_XG.']2OBY*)A)%/ M6B?*FS;392RZQ$5#<&YP%&0C+?S#E@0U=F'5DQ?6`FK4>FM`L1.I75P:`.RZ\_H=#J)*()]B7\?3J.OJ89<;6E MCQU*2$172CF\,>.($I'8[8">O$Z3B8PL#9F/UU'V5PQ4O`B^IR M,`>%A,*ILW2.O7BH/TV4TRN'Z6(BCA9LH3GUKHH'> M](Z$L[+7UQF.)R;\43BQ6+#R./Y+$%/I_2DE@9I^HL>Z,H(E+&_!OR)`E_,Y M.YM$Z,W"V`ML$,YQ78RLR2U:/M`5#C,>L=PUI^Q*"JJ#?,I,[(!A$5Z$5:L'#^YAL9C341%H%VVLN%T5VPKR M6XV#J'9&"'53/1%P&TM=3*J7M_RBZ#J9Q1=WRZ,N[:`=3^$YS7T3Z);V(R-U'^\]7&'*Z3X MN".9,HUO,(;\MD!D7YWWT9H,4#:CYU;U@V029P&VP64C=JH MAT&[TERX07W+Y.JI#DC4"5C*V8*2*C"6=SZ#;34ZG?X190DJ+@S3:QM('X&M M%5>31H0?"!:!*05\E]2/Q*@_;/Z7*:2=59>CY;EK-H3CX.EKN'>D:H>7U= M\5TU5$S'Z"M>"#(1#'1U8#@]QW;=+^87[>T[V[-TSZBU2GTFD4VF"7.P7S3- MVWR*C`]4.89E*):JA9PBX_N!KJBA:P8]W],<+3RDR+Q8DQU?!)SFT[V12J)`E0:`COA<2%4N'8=3F0@E^'3T9IUNC[B=9+ M81AAKTPRN+M5DPO=*!AU1F8TR"*FN&"W4N'O%%X\NR_4JQ2O97E\Z=]3R$?8 M]CQ);HHIB:/FG]$DIEZ6=.]2NPJD[(EHCADD\/7B37CX%8/@=5/$1ACXO-PM M%5_?I;!8T7P;B99W_$,%^W//J:O[7,2[$R`$)L,^63D=X9&RO<<^\CVO;+Z0 MFK&*=`!B:^N+JOY4V='\Z$W%I^V*C`01,:C>GZ&C2+.3+3O+5:9%%'D%XH5% MH_-<7`GB51^N@IPY^\`ULB@U2C[_M:UMN/]0"Q=A`M][MU%[9]L;CZI]R''. MM5OCM02%+U_^IA_KQ5T'?A4^J&3OP%DZXYZPDSMJB8Z]>M')'`ZI\3NG)]'< M*FWLV0P%ESQ:Y#)^.8Z23-QZHG^-;N5%#!3@LD19=H??HS]WEX7I?I[3-2G[ M_NPS+7L2FS&6[S,.ZF;$>QCP=,R!`!D'^)WR-0(1NPJ*4,\@CC_!9-"&N=Q$ M(O/&+%&++%%54TL./)FN1NMZ2@\X'9\6P96-V5:]@1;V>D9/Z?5\33%UPU1Z M%G@61F`/>KYNA8%UL*U>T+;2-F-;!:1`R=-`JN<`)H4W`YY3HFXYZ?^E`R\6)AJ89'V<4%<;AI_$J MRP1M`M(Z&!8()%;DPZE#'?DVF1:$#W'N(R4=IS M8F[E-6>WC&TQ247>LJ1--F_/CYGQ>)M(V=/)M8C48E:?O'VEG&N1<\N7A/+F MI"LL0FJ4CM1WF^1WFS=(S`H,,[='X\@:&]!ZXO^?="LQOCGE,V&B+XR2P[J7 M7/I%C$,6,_C:S8OH9R\#MN97G3^2[)*"G"?Y!#M8 MEGE(\*W\(0912AQ>6$4D#*)[>RR"ET7W]A%>CHY6]'&O=G%_."\'I(!O!2B+ MF[M96X:4[((KQ-B.9O/@=$%!?HNP6_U)=!%=1]U.`$H.++AI@C^GTRF:6\,% MV>R#":SC"#[_+4Z!1_`#3.H.F00_)?#5/)WCATF.5PA)EW3(_\'X[1W]#$/\ MF69_P<_@C5S!FS*@?0I/G%XE*?SWKTETE>(3>X42GK$ MD_!_R?5BKO1BRD3J_`:'W:PN'$("1.U:R M0[K#J:E,#%6CSV-KF.V M..&`S.^N+]())R-,.==@,HFI!;+,LD[X=K>1.G#8%2MWQ34F>%"UW2J1+#4E MUAV1UH']`D.@4BHT(.5.@5KC&IE%$=:+;X>3!>6_B.'+8U(8T,6"7<9H4\[@ MV)/Y*,?50WAI)*XQJA\JTB"\EZPQQ;.F=^4IT?;J9=?CWGG4-EZ1D(^Q77B. M/;4..VC%)*/*-"E$7)]HXZ06+V@"LPQ^12!'''(M1NCO=+ZFR4BNJ]11J:C-*CVE-,/8 M!^5F4+YEBF',ZUD\%^E#%!?&&";FV7&ZZUSF?=(6YV0D^!6^0@5K//?#AE^5 MX#R_FV%$7_J`M0QGE#_F>R-UF=A,#B88KRO.RL9)6=L-W2)E*H,U%,F`TRFJ M[:7-V>6"(&G_=BYAHY$^X9`'015Q_A;(F72)KZ._1+3A&ARI2>FD$SGD#N$X MT_I.S^)+KK4`3<#!:!1@OGN(*D5]M8.,J[/K59DYW5LM!9?\&U0BJ$@],U1 M%TF'7";BM282<8VOL$QJJ763^16I),I#(E47%25*TP7>I+#96\VUIE&*JJJ" MY55#H*C^8KOBIC2)19EJD:4;38#QR';XFTS(NR%*+N)*>0DGYE%V743I@'7+ M7-1ZEV):%4;,#2^4$;\#PPW"5&EY?R4EKYR!N&W#1$RD.1))B?!TMICQ84': MK3)>P8T5`PIYB+(RE4]F!8K%%$O(*T8R0`M)#!3K?-!YRSKO-ZZ0:,N1%8GF MG"%;Y,=V9M$GB^C)BEU)FV%4LRW(=ZAFY&(*:=$G;79*/WQ4!!/P) M-NWE)+VH3FH$^V&2SF3Z*#RXF(I0*-FS,$Q$!V5GO*"ZSN))$"QR>O,BR173 MKDFEL@ MR[5,:A%5JSU7G.U+IHSI@6]O:7_G767I2X:-<(1+XT9'UL._1E?6R9G-Z``6 M$I#U"]9-]!_4HV)QIX+TJFY\G_*!.9XL\/X[1TP%+%E%IG/L):;"UCSY'P:@ M42=AX(W*=M`HPJM*MGI0AW,N\$T<<>JQ&.F?BPQOVL&'.X%?H22)F#Q6O'#5,3.N\02F9-2=KOKCTJH^5.4=JO(>!\H#6[74E+#-0`-. MNZ6"0\LKBTF[PH8KU!U"7TQRLO=DD=PH'DXX:C.GTSNO0)Z`A,)`&$-@.`?6 M/13_.ZI4DQ5W)QB$P[TT6=QB/.@R3?'>)%C2NJ!0^"LX$_P2[SJT`\1TV"KA MF="(=&M3D`<_C#%#B+0Z$]6E/8\%*8C](JYV6D^X#-,^Q*E$F3%<&H>OZK;R M529RL#9$PSHEIS4*4?+FJKU2W/ MT6X-\64J0PM1/O>:E4OTCAF]=[932EJIG?RD[5&49%=9,XWJN..=? MM_[9B@7YOKX=BXW=0$N*RBTD-`3(=,ZEZ2)SBN["Z=`O5@_]%MP^RX=I;5WX M)K,P<%2G*XU7F,`"2TWCZ"\*D>`=^M)4^0YQ1+-9,@1<>PD%FS`K#4OZ*09<>>7D3I8-4LU+!=M% M^+:8TSBAL"&&PS"1@`S.*1M7E6?+I,ZB\+(K,R+(*BF_4!8*`YTIW>*CO8:6 M8>GVLKF)UWRHA.4%<^V55W$THHB<\/ZP%DWL;%$+5JW^&A>H87Y))KLDRZ3! M$-=D@5U34BN%N:26C7.I=\F!G-[QZQ%N!?'%*-55UFYPC%5J*QF#Y/A&9;R; M*SA<2._SUFF3%SI&4-KK1:E@P*)W.T,R13'2!-B.=8`@C_@U49$D[Q06;76, M:=:F)W.I@"FA@T)`\H*4ZC()]T9N"4:8:U'%2YX;$DDR.26F56;./$@:FT]2NP=^50">5BDEAC M[DC41%4[NBB!)[JN>:@IYB^`S3[ M@T#Q?--67$T?>)K6"RS;7Y4N>>_A_+3V$&6"6^.XK-P:9,^A$A:Y1/(X)PJ%&X/*$)26-U#;Y36'[HFK% MH+5"UCYGN>,]F@AH4WV_T"XR-4UHC&EENJLFRV1<)SE?.:TO`UX35758X:U)+01.`=B<7]8*G.,(23S M19GO)]*MX%T"+:-8KWI6'W/CICJ/"@'\99*SXZ:,EK'T<1P7,T;BZ"SN=B;) M&%W"X9#J,*A2`WN?T/'<[5Q&,Q;=JP4%4F39;!'1S=.)$+8D&RDHEAP.EE_D M8[E:I1&)]+R"5)99"8AFQA_96N>7EC(2GP;#QG354J-N"EI,@>E MJ&`,B-&G198O(CY*P=I+!;I>>:L!@S06D*-"3 M#9#$/.;%R*_(VZSM4WG[0E9/T@U(R6K!D8MXC.9+0AJB M4K@O,YI@2R:S!8^$92;7B^LEA(5_QQR\DSF5ES$2=%0I^Y`1^ILHIYA^D?L( M[&1\R&@Q2AAD1J0_"N?LW@1(85&0OW9SE/$?W5:Q,Q:UL@4Q!RT8`!@4F M@>`EN9C3]9GY6*?P&><.^V^K#QZ*G-RKB-"*E^F^-Y0I#.:FT*',>Z:)=RT6 M6\57$0=%*_OWGMV+YO_#^WSR`$KLXM6[B&1P""`YMIV4^5:N+:?.@74S'*"^7*_CB7[_4%3K:/JJ.CXX9ACJMN.#C]`#1\'MAXH_L&W%"GJJ%CCV0#U MM^\T[U@W-M#R8=.,V]5Z_A'G%H[@Q)0=M%\ZR<15_J4P8X_'0OL`TRA M%#5W6R@D7-X-FCFP76`X^(PJ;`F][RN]0>`KH=73]=`W?#>HQZ[58/96 MR'X9;;5OTHWJ1]-JX8E=L:*^`+_GL$HAF+O7E'>XL1XS?4/S;,M63!/#-?U` M4WJ!.E`\SS&UOA^JMFD_&+4`S^PRF2KS=/8S6W[B`VZL]#,9CQ2;1PS>Z?QG MC-F/@0`E!^OO9S8NZ?=Q=)U,[GY>T4[S,_=(P.0::1(]9%.4%@7?,$F;@CU6 ML+"N$XGF+-(P.5O2DC$N)>H)X)6J!D"H/)?IBV\1EN(7+]@A.4][Z%?X?6;;E+>!QYSP!NPG1$[!' M2<&Y:TP7I[A$62U)]888(V<,MW7G7YD].>;<<*&E#AY\X/)3(`?O>RFV*W+5 M8:Z[NJ%^@FVPPXB*(:BJ$Q`E7KO#9T!O7C?)@E,X$ALAE*USRP07&> MR%K+4FM13QA-E9FS138U>+&@-Z<5Q-UQDN7S#NQ7NFPY'.B+=5K3-*-P<'JW`T>@8:D?N_7&*(D\%I>!X;^",J[#Z9L-6I3*6<8,#K-@.ZP_P3)WK2> M6Q-PSWC[3E'@"X;*TUTUKV7U7'YE0+DW.^:RP0JZKIH;Z#A@WOJ!XAI:7W'#P'/UGJWJ8-X" MP4@OO-;2;;W<>H\DJA:LIANZ6F@. M#-O<)^O]2:9:!1*?LTD85JRP/XL/1'I'M8JS7H&-,58*4Z:8H9+>3/'NQ,?" MSXKER8!&;%Y6[]`*&UZ^KNP@%&-Y!09<1^M89O=)1EV&PBBCM!'0T%+'<^[& M"YQ?:^XDCY".*INHE88E>,WT.OXZ[2]]'?'\!/KF6J0(0# M6L^W+;^_*4#I%_MHK@VH`,(QA/HR%?N>%7,PJT8)R&$E8QXVXVXZXP\&R,$Q)2WM81H29S'N(XLX<.$I#2G8DZ1PRES9\5E[R&S>EE7 M5--/JEN1FHU*5A.?6WE;N4JO%,AQD!"7K(B;M"SZL7SA4:4Q+V[I,96KR^X+ ME;X0#8DFL2+!H,SJI1<`RWYLV05\;4Y[FN[!:4?\TM%_/&*42SV2]RJJ,@J,W)?.PP9ULYL#3O@(F,> M$LHVF+"YD'2:R+B6!ET)?"\R[%!5@&94O9#_++(DQP1FRLAB#5O66XL^M_D" MV[HD2/.2GL)]-XRSJ4`6XNUQGPAU"+!L7EN#Q@84'ECK-D1$L_9Q$R00AT7D M.4K*$\UH"+6&)\5)EV5+TK)J]DY6)!'*ARBS**+W4E'(HL^QO+!962?,DM4H M')*B52O7*?*[L+;24^TY5X?YD5#)$N>/V5VMZ3_N]&2C M4W)X80IWE&HZKK8ZF=3TYDTE1Z?2_KEMKV#W2KR9@.6:X)5.RVE[?XH-V1S- M)'V:#(TD<-9BB?/5#NY\(@+0"\)^:,-BIAQ'2OP?\0;$-U+D6]@)#"I-ZD3V MS-Z3T_G[ZGQRG_]>]_1/L\MH*O1)+0SB3T>?&%&-?CT=#Z2^/"_B0-OM(^%B MFPQ3"0V,IJE>H/0\OZ^8@>MK@>WU?6UPB`Z\7'1`WTQTH.>?GYQW3@>=3V?A M.3#`_WQR^O$0)GA>T\?\J7%=443(S;`IKX-S*YJQA>=F9G#\`I-1KVL5#)C^ M0>JF[+V,EV4BV@N'^?]=$`(OG/AG9+3AB3R`ASJH6OA._VP!>Q]^535.KCAC M_!\\[,Z5_\=FS97$OL%&0R+UY#]@X135$MSSCNZ"893E=_VK#%*459D=3HYN M;X_`AJMY3"&9`IEK_LC%JN=[C%)*ZY5I$R*PSGPK6,FF?IK.J6J$;'A*BR&O M^X&%7+&,'$N2"RF+9]HAARF:'XW^`W97`?%4!PM.IY,[60X)9@2"=:`943Y2 M.*STYJ*.CZUX[+PPJQQ4W?JB+/().V,-;ZYL!">K<<0MKR0W M'G$KRYQP9['&&'ZDWBN@*AEGI+C)X"Z\J-HJ'\ZB._KDJ%+*`SX6NC42N*2M M$SEW(2WZ4(A0%V^.U9,NV]GR@;*(*,S.J=L=`SR%.&$@J ME?6K9*K*Y';N\8GL$CG_7T47L'ICY0+#J?(F\J@*T`91&9XQ:CNR8+D^56YB M]AK9`""0#P8\HK/JUAGS`+R,70/1Z+@)A6'O. M/II,NMH/>WFOHEF'-,-#FN$AS;`US?"@''Z?3A@8H,@E8B20FX3:*_#>Y*R# M+*YI8?P/!8+/NZ*&[D>!B]@@ MDMA2)3,02!95*ANU)A1_=)-O/IOB[S^-]9BC5BXQ M-YKL+_MQZ&9+)Q?!3["M;U+^I"S`+J.)$N8:OX01+T46F%&?`"KO3&H`2:+U M'EU=D1+]@352E:SB.W(.33;`PY>,55$B\!:38[J6WER_FRUMF&I23>T]J:Q^ M;YU:(3'U:]N#8FFU.K[#]*C-1"`W'5?<4.HR_>YW3;9S1*;H0N M[4'84P=ZJ+@JMFGS#4OQ=,]7PD`+S+"O!WX0?#&^V"H.^/;=)^W/#207WT=9 ML^5U$&,1[>0$)/KV7_'.FUX#S2JVWK,/0=$>\>KV7T8\>B M"H1C=55K[&6*&SE[UWAPX#=/,]A`H"^CR>GX/5BD[]$@]W5;:J^9:O:"G MN8IE!;#>QL!7/,L*%4]U8=VU@=6WK'V"VFDD1ZU*C3)L50$V-!.D/G$[#$*2 M_32))"Y96+3153KE:N!Y+-<#%3NNB$)+@@X`KQSS*%[,;@+.;U5U02 MF\H\![Y3%6O`GGD65X*9(@N*&1B/9(Y%R=!*>A;CRM2H$7C$8MI`&YL,*QE9 M3IB53D[D4W"NTG^64-O+JE;*+)G5DA0J/"BZ+C%X(0;GI*]Z)$$?L,*+BRPP MGESDN30CU(SE+[H74!QN,2-(/OJD#)\P:F>%1U7N5&\JC@3`3FT+(0-A)X"N MD/)?DRK"!AS)VWZ1M8*D7:?<-9*?XMO_&N+^-*W.J18**((%(JXY>N`N?XV$ M]:?H^H>;^&ZC*"_P?3W0@U`)+--7S!XQ28"'J;^X MQ).1.TG+0J(2=H8QUD65D=4F=-] MIM>)B,.?P0)\)NR='5M>0EAJ]P&)'DO4:80>0Y&@^P`\N4<@*T2_THNF?W5.967G&44$WKX_Z9V>O?WQ>)4- MM\2Z^_C\04CZ1LODUMR/*E6;.8KJ4CGPPQ.L$U*4*%;8VJN[.V67#5OXAYU#T?'ZM)-W%/N MX3`];/DF[A'W;HVS;2W962<$#V7-= M?0#"YP2@LQSP?-S0#I2!UN_9?N"K?L_8)\^G447"J/)@'G!;1`:>%PRDG."\ M4I'.\E?Q;T$LUO2D',WM-D*2U;6J9,05WS!_Z1#Z3:?EBS)NO>0LP7L:]2@G MR^DKXHMDP(D^B3!6#]'GE?,A(IKEE3L;ZGI%S,+/9'U"A6DB#E^PC6_BL8"O M]*[$.83L#L%_3^_B6%`G87^$+UDK'ZD-.R;T.M@("5GC-(%.=$.\EK'CQE^Q MOI#@]2I;7]SG7V(Y.1M1A9W.?"BAN041U:J-KWC@RD#F?QDZ,6"RS-/L!*@$W4^X(;%-L^3M),GUS*G M!S-M1B-A_!\1A"`V]1*KAL'Z&E!>R8@VJ->2V4,T^,FFP,L_9C(FA5?"\N@/ MHGLD'![1TW<,2G5!-TX/`M2R!T_MQDL<18&5B:]F`'B^]D:H;>0]W9O6``AY M=NMHUB>HR;4JRI?JKC=5%;O)>G($.#%-U?-L[\%Z\G:"-H1NUHKU4!QZSXA" M/X0*OLP[U['[H6L%2N"8AF)JJJ[XKNTJ?57W35\-!F!950+5\,PR[-866%!G M]&]9FN>?LG2<;`+W;7W$]#4%"_CB>+9EU3A3F7-#:A!'6ZSP0`YTU_$>X$2%BC8,@?>P$099>MW6%Z!'=39% MK4*=:Q'34*MH3I[D^2(>]2G7C(\4 M.DZDN$`LNN4MTQ]!:1+G'^"DVL?E8&!IH?=HD*+63?`>*34L_/4[M[` ML[UX&H]QTHPV@,I8"@#8^A6QV!Y3VO!N`T?3PU#S%"U0P?JV'%7Q@X&I:+JK M:EX8VHX^0)/D[;L*0S9.<[,YCW31Z3N\<<@;XET%IM_I&(;_-_CL5^ED1!") M^ZDD[!K?GD)8G37"@-`>JDW[(TQ#A6?#?9%71/I()BP9S\!YR.):) MJ9/OEX5C(-?%92_RZ60:1+-D'DW:(Q?MV7.5[A%;0"O=J$V$WJMFZW5!V38_ MFE>8LPP(HN?AYTDL@HM^)8=H'X7/`-/#M>HVU3JT/+3U`E&HUQ=U>OM(.V)M MVEK##7N8E'8E*D(A^W@J6*!&C27]4IMVPU^*R>G^C4O!<.5'V-**$'*2K_$> MDPHKZMBVI=>]H[7(:8*FYF`8_8;=M>$!H0CRA?34.# MUBB_@B_@/V%9E>06?#<\Q2RK=%)_RLZ!N(UXQ@1V`:&*95[25K\-)/=>TZ:]8B9S4' M6J*Z>^\\XUV(LY()#U"TU@;":Y3\=?:,UO'.S-2,M3;0FG0V>)9.,>G\-/L4 M97/Q2Z6W^R"YE3G/(H[QG&*N+?H8&H8E]'H,Y@FTK>ON?V*\D'UD!:9CF)IJ MK>GK"TI6*Q4,XF%^E\S=(!#B(J$%K;[60"EENIS(2NO=A(*?L='026W*SU:Y ML$Z:Y3YRRFZ)@[3/?D-UI8U[I:)CW.=TCMFK\RR9YLEPV_$C:XE??=UVG+[5 M4_J&KZ.2]A3/=3TEU-W`#'L#5P]=OF-P2*XVT>;F$;Q86<'8K&7Y9SP9#=+L M]VTZ7FUW-'[/[!F#OJ98CJHI9NC92D\/#,7NA:$?](R>I_4XN[>JQ]:A@TF_ M^E_:TJ5V\_69/'IBNWV;-@\E@ER`)M'UP+?L7M]T]/<`YKBRZ$IFIM! M4SP+_P@__AYVSL+@]+>/)P>W7"B;%TAH(P+F06"1;N1;DUSD-R-.WZB>^5PB$M<(7)ZPI&22S/@'F"B6M(MOY@\G M/"-L"V+3B<3EHN,YS!8+ARO37359)J/9FIXF'%6@5'`1EO@K$'2P@J;X8@4N MHX.0$Z)]0\FV.%!*J-#F$KEH,<1F]!CX)6%+LI&"8GE'=>/RBP6Z MC.0^SIAJ"0I2668C454D2IZ;;\*R)HFD+=M#L*S$M_%PP>GO0FHD,GV#.8Q6 M+6N#CVLM$:;Q93I/Z/O19187R&"-!630+SFUZG)2;0)5]0U7%UP7E&])TJJP5'+ABN/"$-42E]%"** M6S*9+7@DC/=?+ZYEE0%.,+GF4@B\_N/)$4E(T%$%_%M6>=W`RF"]-)8\9,@D M`3+5@I3#U1P/8.7,H[_B*4,_("L&-52I;$15%/5H2B*KPDY+OI M^LP\(*RM:#PTR=/[M2*6XL@Z;?`"L+KHKE+64C"850A\^R*^BB9CWB.%,KE' ME7!MST/*I#A#BNTQIQ)EPD!<0Z-DI15>XG>6F@5Q":();YBV[=^V^:O,8AT@ MMO=#6J"='HD^AVH3V3F\BD>+"95A<>4F3:Y>]51NZ"?64UR_[RJ6 M&MJZUK<,..2W)5IV9MW\`=]`QYT@;H!EB';`UWQ'2]4 M',O3>[W`],W^RC+D@X._?0=?TS;CX8?3X-_=3[]?A;\TS\/ ML7CXO7]P]I]CYG#%0&<07V0+A)>'W:9WRP)YS`I&G%;&@*%V/0BK1;!>!)(5 M4PTV?A\;P*\J\Z8B[WK=>FL=>*V*GT(]_)IUFB7P$H2\(2,%:S@1V/' M4H'MJBJ^S7#H;?/"0UO`I,C>;<*-6,P(GPY'J8S$`-1EH;=`K"IGPRZ1+(/' MJ7!;)>S)``>]X%&.A@+C4Q:./YI]$R`8+2%D"L'R%'C7BW21RU.?:_Q%9J-H MF,7-P2R]ZQJ.F.O1FZ79-KF&$56>R]%*\XN&@Z=:.UQ(<[F$B\`5.^Z$.%9C M@HBZA68?V*D)70\CJ$A*"$QY)E58(%H,/S#``AXO-K:DN M>+/`=&BO_-SY(?FQG+)K_;V,0&#P1R#`E[Y$35;:&$GX0&)*N"09O*']%6N_ M@-R<]C>PI#1(1L@BS%N?7V78.*]`$$B&V"\"RP;!7![)%BIHY@.C!>JDIE8X M@/Y7,DS`YYK7VZ/%HE^T@'%O"`>_[;CS3V#RUSA#:WZ:5@`:'78D@+V0L)2-%`O!#Z' MN.0F$!".)AEB M/EL4`(7\#,DVZ0DBA_$!!=0@HQX6`2P"-J@D;/V4J`#*.G?Z2( M(R)QP*I(*)4&@YVOY;<$6!,+*VE0PC=!!F1)_I$M6X-[8P M0%X<-E$[OG=Y6$49;Y4;`0D"I[F`9:^T[J!-)Z%9*.A<=(#FE?YY/_BLOY*P MP\'S9-?1TTO?$;-UXFQ-/U0\;]E_?_N@8\E0=L4[C=6/;.KSPZMW^NJZ@S_/ M6C:6^YA]]?9>LF@.]:W]`",:3]S_K)B[V-E2:Y:ZKJ.!CJ-0]-LEAL/NATT' M']C-754->>+/G['Q5SF3#]3WJ_P]1$^X'E.YR(HX:#'*^&TL.:;D]_/,XV!3ON$JA) MP9#[_X(@#`>#%2H%P_YM;L,SK&)AV;\/!^@3Q-<-`U:!CXK8-X7AP,TFIW+) M3M^H6GNV\$F1R-!3H^?58W6M!Z?I31;-_O&6_Z5'_[[MV1[H.]"W+?HVKZ[V M43F=%7&U&N3_*]12VC^=9/CL(+[ MHZ[V43F%\EH4*T)>G7[*D]MRB&N.VCY1%EZ#K&^'W`/A!\)7:+W7G1VZE70! M_]XB!JP'NXI&,FW&-IVNIEE+69)';XK6-[6DP$8^S9(^/A0O;+5XX>%$_3*I M'[M3SV+J`G=&0"6,I]E+HWD_CB9QEI],N9',!J`*>,2'4`I"PPDM7>TK?<]R M%5-S+<5W^X[2M\S0ZWE>;V#IG/QO,;WKTU"E6Q8_%!A8!9BH+S-?>VF643[- M-@%4EF$N3,-R>X'94US+[RFFKZJ*K[JF8GB6KJENWW!#E[N,Z@QSH4H^/(JF M*C,$J`I+#`*H;+ZFH^_8MNOXMJ+Y`TLQ`TM77-^R%;T?6G;/Z]FA[QQJ.EZP MID/=3$W'YW^&G9./`=!^\HH[S0T''9@LZC,<7=&!2(#RI\4&M<&OH M&@#2EZO/Y(?2SK_ M3S259&KWDGGTID[H8GZ59EC6R[4K8NJRR"&+$>0`LU&YLL6!QPOU]S`C5&>9 M$<>=4_&FHST*L;^'<^)DHNQ=U&[,2F1F&(+,9_MAL,-@MC*T$_WR1 M3K%HA/\R$C>>\'A%5+B92 MF'(N3<"WH`PD6*!R'=T28$$\AN_/"4:#DJB%S5)("$NY[.QXOKC(855CREL7 M>[BF!BK=Q4?4K/L"EQE[/G1JQJLHJ*UR4PI)O-K>L+V>ET3AWC2P:4./> MK:X=3)`WH"[W>6GC\MNZG=EDD3?*5J+I73F=%25'R&PL]:C.9LH3:LQ';,\J MND-=O333R64+]+)PI"#JET;U2VNAFL!JH+QIG!>]%T81W)*9^V7;[I)GLNUH M,>NR<%X(6[K@R1:,D*``8O$(,40D>DOR,GQ8-.Y$+8?5:47;5B*I2E-S^O5I MPTAK3;S;7L0GBO;P(,#5$[XD%=+#GPD4H-+R$\2-]IQ0("@`J$$8,8@TQTV2 MUT9:QJ"AT6*!U(:T"PP-45@A7_4+D?!#\O6AU:6M@///%UF&VB(CIB#CL;$* M%BS`),J7U-]?U$:!C`L:$5*!!'X>W?(8W)R%>Z=F`G&@A;!RB/O7)LWJ2\.E M'.7?"Q'+NPV^E;KQ( M`/?3YG&YXVY6@71`XT"L#GAL&<&X]*6VE@31Y"L`[VG&[Y!/H'U4/',5D7V0 M)EP-=-4XUP-$L)C/8T)RD(-C2&1Y^/I:YM4RH"4:9-_E1]#`#,_BLCB4M"AR M(RTKG41#8EGPM*I65937,->1(5PJ0W0T:YC:1`=7''>7J*:;Q\@3+'H4!;;- M:B0J%_T:O&/\)87UR`Y8`CGL@PM8I#B.UFOUEKX2A%`4Q9@ MKHH0'BJ##I5!3XY?/*,TR%8/I4&'5Q^JDC9SE;V#I':&[A;W&O+6H@A&-SY' MH_\W-"_6#$2^\H1_`2W=8,)I6=+]?;#!O[S,XDN1`EMA1`&N74Z18+8;7_N! M@BCI(@>>Y3_NF&4OSKQ_BP+OI1U&Y=Z-3R6(>>/C3^C<'!AW#^/.XNLHF8H= M6?D\*-$/&G]Y+_.0#L4\STSMZD43C@*2RWN/S[)D=>][VI?6-2RUZZC>6H^_ M^B0@O:OK=M?07@FY?WOBHEI=SWUR*N>&2-P9L=JQ\^IH?:X*-$_[D1+/=>2?QZ-!Y6\-=_CV'MRT>M! MEWX;]O00HR6323SZJ4@#^BF^G6&OU5>G36VGZ[RX,[VKD^-YQ.[FX/A^=*EN M'9M;]O,/NO3UV*5GC63L(BF)`L_[J]F>>\Z9JM=U+&MOS[G7J+Z?857;Q[9Y4+M/4;N5/.,77?BFRA8Y M.I1674O0N14).BU[XK&J=MOOW(5N.O#N^U.2ASE_7R&$QR2RK2BL>9HINB-K M2NNJFM,UW9?)X-H1D7I7-=RNX[Z,G;)=\TOWNH;[,C=$VR5,TX_=)QOYKT$J M[6-WN^1]@S:H`3;-*%U<3.(=&E)/?^F>6:$'[AVX]ZKMS-P]%UNA?XN$:,M.U:O MR9!]':KE8/8)K]4`NH+G*XAG M>7+;80#[#@+"C598KB9!>Z$)2R"$?[./=0,&P@__9AT[7K?2;'UR)T"Z"*4Q MD:@'2Q."YXN,A6=-"0:B21G'6N0+S.4V2O@JAL"+8F!+J`,XQ%MY0C`IJ[B#OEN)WT*P*R+6\71G;# M:>C')N/"X9QA"/U8Y=]7"W7[!N/I;6!_X)5.8%K7Z2@FA%?$^D-&EQ"%.3ZJ-CS#Z5T04K8`6;Q*\GD*\P#1_EI^JX:F>R20CYD! M6='T,:,#![%)&2J1\#TE#G`))T*<.GI3ISU?FLCOQ^?P`D3@7F1WW.ZV,UQD M7Q&'&%&&@3S<''706P:&/,C^`S"*D8#675*%49XOKB629B[`:N.(@']+]2(6 M^("4>$!*?`)2HJ<_$RC1.0`E'EY]0"L4#"]`P>PV4##QC@O\^?,5G-+E3#YP ML[+B]Q"-4IK>A61Y!?6K&&79:JT_LZ4\UI[8N^0^QZ+EGS6X^M/_,RM*K[]%8G-T/?D1+@=*[[7 M8?J5UR.O3OM9UA[+^D']'61B&P2:SM,S+P^67R>4=\43V=GA-6D\XU@OAZ!D MC1?>WP=%>!"5_=*/QK&Z4[J?G+5YN[TL@=GM$]O=W^XT2>`BZPPG49[_XZT_ MFTUBA7SQX54TO8R5:7PS2:;QV^(V23)XE'S%3W[]Z>I_Z<]%R_=SS-'!_J?Y M9YA-;P*_O8,G.K_BMP:+R>0\SKXFP_C/:'@U/XMG49*=SN*,DN[RC]PP&--V MX.&S>/R/MW$Z^?(IU%33GRB'?=D;Q,`'&`7$G'P=O.\GH'V^3T1?'=4S3=+Z$AA-:NMI7^I[E*J;F M6HKO]AVE;YFAU_.\WL#2OVA?C+?O=*9T/1I*FGMI-._ADF"JRVL@52](O7?J M)84EE",MOD]`CL7J/YW$QO0UP]=\;:`JCN;YBFD&H=+S-4<9V*:C]P/=L4S_ M"S[X#L532*?4,XPD^!SV.^>?3X-_=?Q_^V?]\Y_O&_Q;RMBWMY.$2BVC9;)F)9GYAZS8 MOC_6H%CAL1]*6R[X)6L@MI9_Z__RH\@;;6"ZHI):&N?L_/>\_NP\!7G-YE$R M[?P5WW7BZ]DDO8N!9;-%EB^PJD"T[\;FVC`=\0)_$8RZB.*S.WQ M7#0`+\L@NJ"/9S&EO\KT4LQE3,;)D&=US"L3#8?I@I9E+#J;KR)"+M\B%^G= M,,`UY:I2IWNQ")1Z+E)[TZ])3GF5Z;CCGP<=1W./.SZ\,,-I81X\CU)/*+]O M#DDN7UDDS=*T8!"J_:C,`=/?,6TVRK#57\ZI\#SV?QI6(>C-T7J M)_QE%F6OK*';N:''-T7MDX<^WDYNH[Y M^!S=>])Z-_7YB[WZD([WN#2FLK?V]Y2F]D#CWF)^12/QRI?Z>%=??&,`1D3Y MVQ^RM_0A*^RYL?*/I;E^\_>R389NU+9/Z?5PB!12CS*L% MK^Q)[%[Z7^I[>SWG;U=AW]\1P:_YZZ].%3^SF)=?^"-L5W83^\,JUZ MP.;;,[WZJC.F-'W'*5.OZI9Q_0NMS<"U6=W.#68E/#CD^G7>#I/L[M!EE[7/L"KC4^\KIO*8'-]R[-\)U#LT.DK9M_O*:[? M=Q5+#6U=ZUN.[6E?X']OWWTR;*W/=#U^OB6MG[(41'-^A^DQ%^?G MX>=#$M]S3MR!?]ZCW*W%E-*ASA%;D0Z\(!UA5AD?F8:M*K`W3;5;*<4(?I&Z MH'O$"73S+J5J%2JAHW1*K=!)LX[4"WBLO4^GE\I[`2?IYWD\KZ7PU1/\,,^L MF$0MTZ_+F5]P;M.Q"F--<.`)#HRG-@S;[>2+X17ZN3,Q89IF7$P3?YLM\&S( M:39P4L`ID5P@HF:^N/B/.,"C:TP6^Q^QI,N0K%^3^$8DV24%I3#"S54\C?%L MC[\2YB7\?2CNE1*P0))LN+A&',LA?3!"/@NS@'/GAE%&:87XSL64X#4Q/Q') MZ5Q'=[#L-I`V\U5`J]:R9*387X13Q*0=1BB.B?@6KD;T3#FY8]O$XI`W1MY>HRUNW_.XZ[+;0X6 MS6,MFD<;#*N\A.=:Q*5M35X&[;F@XK!NWG0.!JH'%G)/<;P!:`/=Z2F^9VB* M8?4<+_0MQPV"@^G\&A2($BA4_Y6J1IAC6+U;1Y1CZO55"L:8$[FMLM3P"RB:LZ8BDH3*72 M'5(HG98ODNU\]&;9R(;WU,QK,-VJQD1I2N"$\.!?Y+&@JXY$CS843YU!X)%9 M^!G98I-)E6E'C3X):([DE#=;6N5HB<;,[E#4\@CJ/HFO"!^$@F["-JP/BS-8 M&=Z;M@;_J-@(H=FKM2S31DU.#>T=1IER&2:LK2"B"F&/@<:BSNB_BQ0_%E8G M@N9+@/X"HEX"U`_:)L_3HR7A,8B3,A#)RX/P+_\#F>T@OFO<":)LDG;RY'HQ M8:Y@JN=H)(Q&])ZB^1SG4702&,4(81@O8-#0QH&[*4YQ2LH203'#6YU00EW-K#"G& M5"&(O6/P/^#\S*-;\(6F\3BA5B_1A&@':<2+"?@;\&XQY+8$U$)#-,R038/R MHEZOR7%X_B&>'V1X688#=-+18:5X4#O+^6BA0PD5]HI#*=>L\>T+ME)*&\7\*)YN.[*A%EV2T=$EE\B8XW M!DW$T53&(40,)L\7<4,9KO)['O!6*FX-OFOIBW[)T-Y=^95/T1U^1'*:P0%.QP&=B/1:*@3Y%&>%+?!\T(,D3TU=<[[\?MY_"/5`,P>VJVNNXOFJ M#_Y3WU=Z@\!70JNGZZ%O^I9O"8`'"UXLV+5]+E3Q$X:@?/`%T00A%_J@B>(L M/YEN#"."1]P0/H0&G#+EG=N],V^[="ONJX(%5GQ/D'-@AH*FG<0]$/DIE@J_ MS+V;_O;=)_M#\];M$1-F>A>YAY(&*V:@#7=-U77#4(E%Y_ MH!NNX3N&#N,ARSZ9?Y;LVB1M^\TU8)O]-*Y1@.N3OE6NX;X/^*P^P\$V1W&Q M]\!%CA]2PVJH^68_L)6^9@2*&6JFXGD&J&%@D^UJ5M]0;9`B4,/:L2[.J^JT MZR(@CQL!6=3.M8_IE)-J1-8$)N54_QZ`@_@QG?\9S\\*'X%9!Z[N60DX\1PA M<51#,TIUU6"*X?OPI!,JMF9KBMGS-,4#`5%<)X!QS=`)W``5$F=/Z'\Z'^Q^ M*2N[9<(C]V"^2E!/^?(HE+;OR91?)PMV186N_/LG"DEL8`$L6_?:;:TOX$I] M63X_]*7ELH)0[<,OL)T'L%Q]TU-ZO=!15,WK6P.W-]!QN;Y8;]_9Q[;YB$V] M469M2%EBV3-9=WYYXR?1+64_AS.,/6U^;9KZQ%A:B4&@.J[I!XK>;:@L^,46T=_OHJFK:NZ M[UPWP>#3M,UP_9&LV>)!B0U`!ED!;S-F3PB*FZQWKXS5<^QK`I7'TWD!FZ2Y>4IO\67M]Z@R&C# M[*^.7].1*W7\B[)I^ROU6A8$!'_+B]%^UOJ328K%1*/VUX8BU^H9W#,URT/N MF2!P#Z=/*-9R]KFCZ6&H>8H6J(9B6HX*JF-@*IKNPOD8AK:C#\J+8%NM1X76 M([#.E/?)-#X=!UD\2N:#:$C:M^H*5_70VQ3U6[I(M-UUY"<9399?N";KF8`BZQL`.-?>+A8>Y3=OO.836607?.)DB?O_[9P:K=\@#!S<.'@RJ6=M! M-5KNE8@E'O$'H($V+Q6.:NKZH[7QNMS0OB`/5.?M.\,P5TO&V@0_PFXK+HJI MBY%(5J=N1J^%:W"6Z;KG&&O:<*L)?HRUVZK=7PG'-,QGYGR$%S[9FNS:O%;7-GZRO12K0`VOB+)LB%76QEFU0BIII)5*;R.\LHTU M,I6?P2OC"YG9)E[".O7KP*?0O#[;MJ:X=L4R%UCFZ,;:/-MCY;4+EFUX1_JC M_RSR.<5%/Z?^B`O?HLFG*!F=3(-HELRC2?L%Q)DL'1/Y>[Q$E90[FLUK82O: M'.0LZ_7=NVW^;"B&+",=Y0Q%S&,QOTHS@>#VU(5P5<\V;S7#MNHGSGJVC#T( M>^I`#Q57]37PS`U+\73/5\)`"\RPKP=^())$R9;!15`;$8LMLN65YN6*)3%- MUS;-Y>1MQ^Z'KA4H@6,:BJFINN*[MJOT5=TW?3486(;!\2%+L+R6Q+W7B;DO MF._98/HCHE-].PQ5P[44RS%]Q0Q[H=*S34TQ/-,9P")99A@>\CV?*N[KH75W5 M-07S!Q^:[GU$-1)I1.'I'A"(F46:^NXB?PQ5AQ]:^/-(V]3I M]\-!?X"Y)9JKF('>`RNUIRF6VW-\RPD=+]0JAI+^DK;I?K#?0_;#5H$?=N<: ME':J]5+DTP9A4IO2 MB+M?,S07=[_C:/MZ MTWB*=&Z9*X[NPB&TH]A2M-V)0^(JX\QL+V5):2 M>\"5UDZB-WLPJAX`Q:'C(,1.H+B&UE?<,/! M>W#=B8:U5GV).1LB?Y-KKC]BS=OIJ;."2LX_9>DX>00DU!KK_,"UYIKD`K6& MZ;AVS6&N3+GARD63.#_#9@N+^&.\C_3@S2`<%YI5CP#4YUTGJLS29'PK!`A& M_-S3`GVR%X_3+.;O?8YN$1`+U'R:P8I'V=W)/+[./X+R1^\K)61,&6/>0P;9 ML)TUS_%J_-DB"^J\%@/BGQ^?YKLS'IG`(T^M%^RWS'PCN2,K45- MTQ[/YZ?CW])TA*5%XNX^/T\GFS4^-T,UXJ2IFJO7178U"6UJ'7258$2/X8+W MD$ZGEJZU8MXOBE!98\6C`"K;(OKK0E1RK&8_P2DWGTG2Y/'VBW&U0R+)&HQ_ M,G-?'6[8YO-(7D*F7R_&SS;22%YB!3B+1#->((OD%>CU[>?Q'/3Z.HQ_,G,Y M/U#_H.F;N-W]=I3[+@1;*'?GH-Q?:@5(N5O6ME9@'>6^H>N3>WM3;#:*KM/U M"4BN_LC;$W`&,^(AY$@QT=6`X/<=V7<8^=W3-'Z:N M-S(TMW7AM`-Z\,()-)K9J$U])1=..V"0_?:=T8"7?7N733N@!R^;=,M07_BR:0>4&@@4`A;^'ETV[8!JO&S2/:^Q#7=\ MV;0#.E_+9=-NNZ')Q!&MAK_T/5PX[1+]53\$)M=@_).9>[AP>A&9/EPXO?0* MO""FM.`+S?T9?*'!8#@LMIW?B=_@=]1B\V23P\ODR__A2<_`LX@.`T8+79P(;RL7*H/+Y$*M_]>GN134;)S_'M;)(, MD_F'F%K5CA+X:P[D_N-MNL!$WEF5;[TZT^5 MP7_]2:S6,Y>N;I#LY](]SW+IW;4/4!>$!K#4=R0$6U_TU\F=53=1>[E%$-'@ M8W0ME!LB'A1@!XRTAU"J6Y1I<[U5,W>X:H%,VO69M&]"L%]GTAYP MYYE5HWNYAY9J3'MWO7@ZO+J.LK_J&Z%Q`_7`1GC.!):U\6]Q>IE%LZMDN/3U M3MEBFM\DP[^"-)NE+#Y;%.$]VD,UZGMI/D^G_[Z">62] M-)IOTQXUUA-M\P5$>P4&Q%Z)\NN1+O]_R?5B_FY6E-I)6]DJ^#JKQ? M59['T5ETATKR^Y3I@U5[L&J_2;%>"T!MK\3ZH*I7[J%/63I:#.>/W4#?JG"O MAYEX$.[7(=SGBQF,$V??O70?KA%>V=H]%6MX+]?V=2B+;]>:U-<3:V.+8GT_ M`OE>2NWR=?12O[*&NM(GU-=[>RB@_TIC@LXUIWIVLIT&WF\SS0?>;5+N-V$WKV=MD. M!]]K6K1Z3\N]7+3"M`S_NX!98>)..H5?&]DX*WIA?K?KN;>;<,WU_)S%4;[( M[K:?6[7'JTC=QU_S*@J4C>]X#6W/VE=C=,TU/(OG43*-1S)+\GM;2,NT5=R, MMJ%K^[F001;#X3>(AE0QU`@\8?9J/.K'%]N\K=[+A3,UR\.%,VW'V<^%XYKH M8A^^3X=Z5I9G[JG]V;96W.CW>UNK0T75]ZY=]ZVD:E_8W"?7^W:'R<%^V4N[@%[U$9> M\.%>^S'"GDP1Y'M>2P&6G^UBD0Z7U?NZ-(<;Z/U7$C M:923RW=5$UK/S?>(U._SS>?^5U9FB)RN[.E.63E[^_:''*V M7WPE#@[KJUJDO=TN>^6POL32'!S6_5R8@\.ZEZMSN)W=I]4XA`_V:T$.270O MN0#[%,O8.LW[^9-^_,T;#^>IM?)=-7`;1258RX__.M/E;FW MD@YZ,8N7."?B[5F\!O-D^FWK(/*/:XQ#[1J;8^"':SS;C[%_0>L,^$]KC%&V MAF\=I_SSBK%X=\$/_S]02P,$%`````@`(X*E1KU;#F\M,C`Q-3`S,S%?8V%L+GAM;%54"0`#025)54$E255U>`L``00E#@``!#D! M``#M76UOVS@2_K[`_@>M%SC<`F<[3MK>-6AVX3AI$2#7&':Z5]R7!2/1-E%9 M])%2$N^OOZ$L6Y(M2E1,AE*QP&+;RB3G>4;#EQF.R`^_/2]]YQ$S3FAPT1GT M3CH.#ESJD6!^T?DR[0ZGHYN;SF^__OC#AY^Z76[%??[!MBY\ZYW>MI[D_EE0J/`@^>91R.&-X(]@'3N MG)X,WG9/X+\W]Z=GYV_/SD_?_3=;FJ[6C,P7H?-W]QH2P(>HL#-512-%54=O'__ MOA__NBG-R3F/6[FE;JPE!8".M(3X5W=;K"L>=0>GW;-![YE[G5^%P`^,^GB" M9TZ,X3Q=Y-F"X1F@^),*Q;\].=M4__F*NM$2!\#4NPY"$JYO M@AEERQATQQ'-?IG#'77_XO`0H>!=P?BF!ASX"<<8X0 M7WSTZ1._"3S"L!L>Q>6PM6/Q7A'N^I1'#"=C_25RO\V9F&:&GA>;!/*/&XKJ M2M!'Z1)QPN]F8P9S%HR%HG7MI)1EZ*-U$SR"*,H(YMKI5+:MD098`V$;P[ZE MP?P6>J$WY!R'!FC5E:6/YG1!67B/V?*2,D:?8(6IGYZR#(VT0NI^NQ0K7-&M M80PUT[WJB-'9PUPP%;"16/S81X&)GJ8HPRBM@D=WJUC%+CR%R5(SQ6IY^NC> M+XH0_`<+1P9Z/[A_:(YA$(B6,0(>+T/WBQ_#7P\`?0JYAM)TC9/&(^8NH&,) M(=J-NZ:D5Z!8IG5I)2,J>!D2?2H"#SYDQ`4$L93A$V*>_N&MAA3#U(H>ZAC= MZ@O31_0S#C<.RRWE?(Q9[.2(I:@+SLT5\2,`4%CF&,(O%VJ8N';CK2%%B\/X MF8:8W].=-[YS^?AG%`*>N]G=2H0MU@WSN6-S%)`_8V$CD$=]XFV6 M=(&7]:$RH8FTAZ](( M%F/!?,R`:P1+L_@G0#Y:H&".83&;+4.@"9#+C=BF%CR&=3;!CSB(H&F7SH-X MJ#2BBC(QAAENHR-KPR-1J1S#',&X8#8(UV+5&8)MB9CI2OR2B:$PP+6B'/F& M]7`T%N/V(!8)]^C9N#V4R#',<1=;NL(/H1%V$@FF>15&ELP0K!!EWDKW@PJF MK%0NQR+'>_3@ZUW5*$@SS%<:*##R9A6D6>>K_RTKRS2^KBH(-!A:6I5*LLI3 M__M5DF?:KA$+Q';--LA@IOM*A=AB9Z"S5H@RS!0F]B4)=_X8C7TP'`A7U?#: ML*;D1`]NFK$F$M9R^H"R./!$BLSFJ0"@)_-H([N_)]PPHL,THU@@B`2%Y,3X M(DF,LCU+V$B),\%FB#_$Z6`1[\X16O7!1-[TL1_R[1-A-&^Z)X,D*^SGY/$? M(\I!_B=*/?&6II@]$A?S*?5WG'ST@/V+CD*%O@7\GYB(A#(Z(Z$$<+:$#81I MP/8CH\M-/XB@*Z2QS4L,EHAWOA3FU\\A0Y1YT*G8^@:,A'^F\&L0@MT`OOE- M$&(&DX2$L4F)]C0(.*^?A9."+W&`Y>];5MH.\HW:$BA2Q/E2-I#F=A8D./-E M;*!,+%C88P76HI(V$$\13/))9!#T)T&[7\H*4ASW]$_071CRAR(+;DD"`DM1 M)#S*C"CYC.?DQ)]'BTW4WF7P."UK3^#X:]X M(MA*I/)WX,!PB%FDX3_'V>/QO^->*$TX$0>,=+79A< MR;+I/N5[FN7;;3;A5YA>LPHL'(%2S;UMCZ6\LN(.IL)4:>]:9&Z%\V2>IT&U MICK[9WL,35%E!>N[E.Z_6F0B)8N4+.O<2)TR/6O/BU4DJKJP2'7PYB5OVZ+[ M7O;9C8657++9SL=H+6),HXB)+V8D*S=)81LKT"V4"78Q>11H8.A00U]8Q1(' M%F'OEJ`'XH,M8%Y)0%+>"OI=*MD8$>\F&*$5"9$O0GDTB(/1,AK5%:WPB;^D MD&'>_&@/5X5EY,K80"F^ZA*A6_A#)#@\@H,D@KGA"#&VAA']=^1',H=0K:X5 M5JE-EA+8+V8%:\1#F%G9%5Z)F:7"8F2E[42^DDPA>=`C5\0&QLR@*X&8+6$9 MH7#7A3'FOABMAEU*]R6"XJ:0GQ"E8ZB?.R_7);95Y7J6F'D22G43Z"EU:QP6&"0P0.F[?= M=(?5=;04WA_VKO",N-)-(X6*5F+RA]_/R@+P!26M(%:=HQHR*]TSC'C$UI4# M3T%!J\&7O&N3C;?L#4*M#$[+V94/4Y*@=]Q%:&P"LY*JT3)9'O9E,O\)ZSQ(O97V[._.N`N=[)1OBU:9:F-78;`MY=LB+U&-[^&&3TJV15ZB&EF5'=R4?HO< M1S7Z*@'`E'Z+)BTU^D71K)1N;KYJ=UI-_A!8VT#K'>5J&^WA8:V-R2T88S!' M&+5<8#A6PJ*C6!1RZLO(LI*_*15+;TK53.\'=' M[VQ]-VDR1E6]9K%)XZ2U"66J-H;3GMNUG3YV&;;5J2I'-]L,7>R[WQ,)JM3$^I,4O?0(K%!(SFCP3669?K+QS#2B)9 MA@;SY+Q,$4TH^*Q#PO_(1AND!V&6/-2L!]5&&Z2'W>BI4P^JC?[U;;`T?PFM MX\,F[NG0A248P]),`5DVDWH#EO*S7(R]^+.RW0)ZBL/0C_VZ@HXDS]JJVY!U MOIQ'`F7B:O,OX`>SW6%78M5W;K`I<,)7.7J,%.YE_1<8E3?XK+&PU8/F2`$\VE'GL MY-O*7`-#2E->N;5R8\20TI27_9(`>[.5IL?7V4O,5)EI6KGY9%9;!E8WK=SC MTN-WYK109&PU_+`!`SI[@9_1RKPOLZJK7):V,N-"3TAD;_8M/DJG17DW M^K6BMG78RK1P_X_M/"KL-3OE+O^CE0GLKZ&IP]R#5F:]OY)1U4I9 M.2Z=_K63)6M?#6\9I?)=[Y9Q5E[B;AM?W=O8+>-5OE[=-LX:EZ7;-@'5V\^; MA[/Z"G/+F/5<.VZ91,T;Q)N*]F67?5MF4^/N[B8B+;V#VS+@E]^A;2M!-;[, M9_MA6[QO-@Q!O0]1*-R<>YI&;Y)=H"%CXC;:>$.H+%GUN(9M)(OL=>;/T?(! M%N*SY+5M.-Q%(1>7'\$B04*^;BL-8GH`+K;<>CPE;5AUY5[X8K.^6TV-M7+_ M18.:=`PIQVW'-&SL;]"T6G+[.`H!_]TL$[YH&$+=]\Q_[_S&T("X(K!I/+7< M<]\P3F47UC<,:NG%\PW#>O3E\`WC4WK)>\.P2JYL;QK*BGO7&P:W]/[T%F%- M;MQM&&*%.\Q;A[B9FJZX1;Q5:)NI8?F%WFT!VDR]UKQ+6XK^0U^@>H#N"O_X M/U!+`P04````"``C@J5&1G-4,J(7``!WJ0$`%``<`&AZ;RTR,#$U,#,S,5]D M968N>&UL550)``-!)4E5025)575X"P`!!"4.```$.0$``.U=;6_C.)+^OL#^ M!U\6.-P!EZ23[IZ[:4SO(J^#`)DD<-(],_>EP4B,S6M9])!27OK77U&R+/"`7FE()V^# M<_Q$0A)!98-K$GY_1!S_UT#\ZP_@T1^GP^O!\<'18#".HNFGP\.7EY<#QOQY MC0<>G1P.]O?GTKZF>GT:_'1P?'SP(??+D,:A#\]SC\X81HE@'S3Z-#A^=_1Q M_QW\[\/#\?M/']]_.O[I?_.EZ?2-D=$X&OR']Y]0&$K"&^\'PX/A00[BOP_N M:7\X+[CW][\-TL*?7CDIO/#R?E[\Z/"/WZ[OO3&>H'T2\@B%7N%%45G5JT<_ M__SS8?)KOC3HX4>+XGFU/AZF/Z:E.?G$$YG7U$ML*@%G4%M"_-?^O-B^>+1_ M=+S__NC@E?M[_Q0"?V$TP$/\-$@T_A2]3?'G/4XFTP#OS9Z-&7X"+7Y0\9D^ MOGN?OOZ/<^K%$QR"7?R+,"+1VU7X1-DD47IO(*K],KPJ:#]!C(0`[35I;-&L MX1Z*HH>-M1VNJ>H07OQV'T'C%")NGZZ@FTUP=R7+5:C6[)*$T,X("NXH3_KR M68`X)T\$^VNIVU3O!C'<(897:!P=*H_&."(>"I2CNA]#]6,:^#`P7OP50PL] M"?U;$,?$"`4_X9"39ZR@:763I!KG&>+CRX"^\*O0)PQ[T5I8RK6MJ^\YX5Y` M>L-15TEJ(-TBCCAMT]W#&8X&`M%[410^8 M34XI8_0%W%'U\*1E*(054>_[J?"'1;>&,51/]^HB1F4/\Z"I0!M)Q-\%*-31 MTR1E:(55\>AVFIC8@Z#VM%-,(P",231`.> MN*'+Q=?!KT8!=0:Y@-+T#<\JCYDWAHXEA"AOW!TE;0!BD]5K7])B@M4T46J&;CRQMM!BI(%XPV-,'^@B]7X8LG';U`$^MP^W4Y% M?%(,$MUQ=:I=,YY;-D(A^9$(.P-Y-"!^ZM*%?GX-E0M-9"_G9E;\&IT&T,%4 M6D.Y;H[9\@XJ\&#A9[--%SKJ[G?XY<3S:`S.6#BZ8X`U!MT*OV]M`@1S/& M16SI'#]&6M#52-"-JS*RI`=@BRC]K70YJ*"KE=;+,8CQ`3T&:KT:"6F:\=8& M"K1\60EIQO&J_\K2,K7[516!!DVN5:,DHSC5?U\I>;K;-6*A2-?,@PQZNF^M M$%/H-'36%E&:D<+$/B'18CU&DS48#L525;-OV%'RS`Z(>=*FJ*9#S8E6@@?U M,3$1"H*]P:SB/+;%6R2,#GTR.9R5.10O:-0'1`EN!PWW??R$XB#JIEWY](A"NKFKZM4]-$POX$3QXQZZAFX56-.HZA"N;%CWA_89ENFE95,-/77Q!# M!2^TH#-T,ASZ@EN6/A55J:'LI:(/B[+UZE-FYYE5HHES9ZUF11*=636[$>$2 MM4`QF#0*V@2"2$M99<=,NM,3XH])GXKY_@BA*?30HP^'.(CX_(F86#_LOSN: M,6?_,7O\+4NPW"'B7X5G:$HB%/PV&VE2@0%ZQ,'G/;EW#HV@^+^8I_/Q`ZU1 M+_D4C\L!@2&&KP(M"-]C]DP\#*X,H7XNSOD5!3&N-81FL29L*7P;&B;>>6,K M*)9SUVWJ="Z5-:)X.!Z)1T!!:T/G,!:G4N[JLDUI_.S:B=R&[ M7*-OL8P)+9=6Q_DV"LK-IA-^2=D#>OV=1&,QLX@%6`V@E:NS`'LR`)8T7@FW M7%5F,$?0);`_7T@W#K@UA4WHO?!PEKHX/WDE=1^E^1VC*,#]PU?P9ZOJ64&C M^B;AE39=TT)F](1.5W!Z:W4M%32F;SHRG,=,Y/$3;RP=,6H#TO6-9;7:K$,^ MIYH5/==54-?49!]B\6-*C>87KYAYA->ZDBM49!'>9$ILH.!V@=Q2EVVH%7SD MAGI,H'U@&/&8O;6OV:I*+C3.PB$GK*@[8MZ\PEFPKFO<8`J?A4%EG_>.]P8Q!_WH-%V,NX"O)0B38?WH/M8Z MES<#^9/[("M[9(;POPTA+.=FJE!*.?=YM#5F6>!]]\XXWL*7T@'WV[$%@)-D M8"/&TDHG#VQY?3''\^[=#%&:\ODD\IO8_[P7L20R.GM(PPB_1A=!4L/G/8Y' MX@]+>[*L0PC'UD[3LFAJPV=9A"/'8>X%/7+@+UW'-B*;GUF`'N]IK4, MT+YFSTQ@KS,E9X+5`J89?GO]K)7P=PB69S8PY8EM8ARH6>AFX/]G.\$WQG(R M]#\[CEY_SCM;L)ARX#?34FKBG!E\0YY>):.JT0B%Q$"E:U^]R.FZ'?3W'HC:'M?V\D=K2^MD58#/%5RFJ]+11K2+*WOF8)E@>0V0W&X@TK M$)2\C38`UT:9`R5UP/\1#]`('\DBR+]B!88F%D1-83OT!HG=AJ3<&\XC6&L\ MY=@[&-%G\/9(JC[\L:PU//J6DODK52S];)4V2JS#HRD3"ATE?PF-CG(:B6?? M+J^7%)D_-=&^?L5TQ-!T3+Q2NVG,9K>_I__;7N,1"M(O6#&?594PPGZ-A3EN MGY*5%*R=?@>;C5.=TF.(<"TG5N)-LX@HDU`^*61"SSM&_=B+NC7LEI>,,&I@ M"3<_!>8&5Z]OFLL:T3I-0F8#!0H:YZWZ\DYK;V@-LXC;Y#6280B7RAO1/IY. M`R(V:G7INFUOF8N4RJZ/"V'#ZEYO/H@`;P7+ M9?6/OQQU:(2>7^38A+G;)U\1LA4?NI;.U!Z.:8:Y]?2F;@9:]J5=H#BMBK!A M_>,"[6G-EE\(^QEG0TGG-YM#?\T36&X$-#Z@*01<&7N8`3S>!H`2BX@9W/?; M!+?=:YNA_F#.%UEAF"I'C/.@VX(D+M`6.T)N75VZ0-.2Q-R2(W>!DK4*TEJ^ MA`N\J@Z`J[@IQKE3ZGNL1)8B0VV?!UF7B"HUVPH^C7G.5BM"- M>X+-Z_F.>*Q8K,MP-=OBV0+<(CUIGJ3=<;M<792[,.W7F\#\%^RV76XMN*LT M65,D3^G;)HUJV7J)I%GMNMX%:51;Z:L=%1![_6=Q*S>_#1?W3YS%+$(D$,82 M=W?[<8!/\8B$X8*W7L$K7:T>!>373/`-?EG(OH0QXY81D"8,]DR)A\]AW)!0 M7[X6I=`)RD0A1<4=-!L!DO/6`Y'F?-S\@P> MA6C#F6=4T8>[UF#"Z")Q=ON4#G,U9BX4,:WC8BC&W&,D61E)J%WUEBU(\ITO MORNS`ZS:*FS!^!MZ)9,X6T>78KSYH^>)5_%E[ MQ;+QST4S%R>["W]L M?N?#%QA4V56R28\\XY.P9O!(;@2!8D$L[H60Z(EZ99K.T%>I>\*82"`DMPR< MOF5E[M";>';R@I@OF\Y?KWXSN?\`ZAS]"@,K`_]''.\^@;F<)UL_G_%L\FF^ MM;E;'68X`RU?IN[#E%RI$K]@[8K-FMS@3KL+WLDM2-#+(. M"VE8W+J1DM9A3,UKE:[);W-;U&,F5]/.UIW#ISZ@X4]B+8A0( M#MIL65(T2ZMO(RGHR2BU=6KQ8S+ M*1V\<8&8O`;8^VJL]I)UNV*M.'?=[IO97-H^K_0\`%<8$:ONG[V M7XZDE;%1G#6--UP[C%(^4\'*4P9ZTLIVL0@TQ(=VE]^B-5RY>TP7/2$\-TYU M4&['QB6W<2JI)3:IBY:X<8*$54/:JF%,-TZOL-'4>/!4'&!F8I]ZLCA]FS;QFHIE MC!)HL_[5R".J+]]SBK:&4W3Q5YP<4#(_BXK?1F/,'L8HK/3M5&>@NXIWRK:E MT;WG:SG%-K+*6O/8!GB@29_0;+22.`N96G/=X/^?,(EB\5OH9R&/NE'+K"X6 M&]*`O, MU-[$MRGICO?C)6Q#+!;_XGSL8M!X`QU<6A,7VW+7*7MSJOS+*E2_\&B2Y:+';..(1"L6Y!!O91U`OSW'K:?6>RG( M4SVV.I_E6)/WM(HF3K7E=!$M#H+)$CNJ6VRE#"NM5!N'SW(MH2^U+UZ+*+=L M5LB4IPC,5:T="+M79'0_ M2&4RN1.%:*5QL6?H5UG?N%5ZEOYN\7VT9`I[LKZ6G0^[0M'7M&S948Z^N23X M[FT`V#P]:ON'DEEEU$WGAS,2[MJ=RH\F.S,R] M;[I1%EAF^-Z+U9LT75CZ>.=<6G5.FJR)=S)(NVDV3V;NG?24U3AU\M3SS-P. M^]!KL'3V9=]*FB>,=][]9<'M1? MT&+9!2W]1GLMU,W%^1NYCBQNB_2@BY^39^+#2#)$D7("LK1>6MC'+`O+R3NU/055HT?14U*U.L"[1U3= MQ/JL*QO55'2N$&"\BYDW!K!BKK;F!GHWCI^$%C2A86+%,S0ET?SX^R'FF#UC M<;3N92RREX+RA,+:C6_=ZS&,-L]^;\=4*-T?$]I'@LU%@E?0L[]P>IMBULD_ M0_Q73#B)Y@=]IPR'Q@"KT<A-2G6I8,I=,J6U;$A*= M2BTNEGB"259H&=`H/-Q\\K(>@5:VP/[TG6VS67?GO?;>[WR;B7]X"G[M,/2.'_VD*0YDG+CH7JML#7SOWD%/ M&XN>[^ZMT+5LC*TX"6N#.RDMOS"XEJO5M)FR]J6>R[6='*&>+:(E]=CO<.QW M.+K1&OL=COT.1]/6W%5&E-TI\!U,KO:9F\;,3;\!L\_X M_09,9=D+#1LPK;3J!F.?DDD>4['/(8Q&C(COFX!(\/-^C^IJ<7K>C9M\E9]3%A_EC-LC-@7RQC1$L;+5BT+94QH.1034<.8EOUN3+M& M"^9+&-&P.&LUZUI9ML\@;4T&*?GG*WSEQ64W>K89+XEPRD9]W+B/&_=QXR[6 M*4W1>A[/DM?DPAJ_#5'16S7.#^R3%?9:)=?5^XTW??K& M^B!XI<.[NYD:@V&AW87KUX0 M`_1+Z%:B"\51HN#MTP5BXDZK#,>$QK5'ZJBIVT0X8TW-3]^J*VA*GFF4Z*`% MV\)DRJJWQS:M@:_6U[8(BZ%U/9ZS9+>1R&DJ$ÒO_X7HCVM'82XP$@ MR4BU77:SXIRBVD"1ZBFP.ERDILMO<@[K8\-!6M6B':K MG%D5MJ#F$;7KV+C9)?(-C3!_H)Z.ZC`@S9I M%\H;_'+B>6+\%<%[!N_$H9?^!#C/QB)4R*_"?!D"54P#J,_.[S;$SSB,<2Y< M:ZFB5R$H"FNA-^N[`K0+&(*B-Q$*CJ!97/P5DZGXY6HR182)OVX9H)A2C@+K MT:1AR`?T:KVF]V/*(K'/X1P_1K;J*%R:4I+!4F4KKN]T4-/$B[)L'JD]?L92 M^[;K:Z.5*U-5EEJX65<;K5M:K=AIV%HU;;2I.+.,1`M_DB8^)`Z%(]QE^OWE M4"@E]@?"?_P_4$L#!!0````(`"."I49S-M5_$$L``%PP!``4`!P`:'IO+3(P M,34P,S,Q7VQA8BYX;6Q55`D``T$E255!)4E5=7@+``$$)0X```0Y`0``W%W[ M;]O(=O[]`O=_./4MBBP@VR+U#C9[83MV:]2Q7)$52?`PE:H8)T-MXJ9GO/'B^,\-Y_OS/MX4-+]CS+=?Y<*2==(\`.X9K M6L[SAZ//L^.SV<7U]=$_?_G[WW[^M^-CF$[AH^LXV+;Q&GXSL(T]%&!X0&^N MXR[6<(,>L>W#C>5\>T0^[@#]_R:X#OQV/KT!_40#F`?!\OWIZ>OKZXGGF1': MB>$N3N'X.)+T*]?I/0Q/=/VDG_AEZJX1*"VJ&Y0)SI^!^.$A:^/7KVB>L]GQ(QO=.HX-'? M_P:\\/LWWTI5>.U%Q;73WS[=S(PY7J!CR_$#Y!BIBA0LKZHVF4Q.V:^\M&^] M]QG*C6LP+PDH"(4EZ'\=1\6.Z:-C33_N:2=OOGGT"Q7XL^?:>(J?@.GP/E@O M\8] M7,,9UA/R'QG@RC]^1FA)@+7^*;8#/WI"@[-_W-5")_\C?/SUS#`($P+"U(LY MA>NYV&#OFG_[-$//&0$D7QF]8>CG2!.8QLI2,I*#_ONRC-P M+;?Q5[BW7E_M1PJSL`D(35K8.?X\.P++_'!DF5]'XU&_WQ]]U?115^_WOFI? MM:-?-O`0X@-R3&`2("$"OD1"_N]GKF^S+@A(CL,W2OR@-^B',R\=\\@S(GO( MGQ6."$N<&BY);\O@.!463YZ[V#%:(XW_1VOT:..+%:&V4\&= M;&'YO,EH(!I28WTRTE.<\2%$ZD"(I90N>]FEI^Q:^2E), ML8&M%ZK1+0[$J)%;10%!\O00#J>Q/IID:++!ZP!!;`E=]K52*%\)X.Q=H:07(OG`7 M"]>9!:[QK>A]5E>4R9U*;<3#K#>)^FHQ*%!4L!P(<3O`D8%!*R)4PR;K&9.7 M!/68F&QP7*4<$P[2%-G$'-0BUGW"BT?LU7O?81WU7..*"']E]X:];B[-CC`9]EXL`]]CSW)-TK%UGQV&\BNR5[@P6`XL5BK##VN+ M<,/4'W6'49*(58+`A;*FF6EVS&:*D6CF&Q;[>KQWROO&-ZY/G%\B?WWONBV5B\WS] MF5AX[=PMZ7("RWD^,P+KA7W&5$U^'$*4JH38D/["'8CQ8-C/38*Q(G1D#+@J M\(XJ\Q/]F>H#D4+PN(9W5">2*G^"6"W8Z*5^ZD:YD_4<)WNQDQWBY'F">;?'TU<^-?+DUX@VXO3'?D`='M MA2[+\>^<:^>%:.AZZXN5%R#+IOK2Q3OFRL;G^-ER'#I+QA)U)DQWQVDX49FN ML:+B6!O3E)*"1!D2SXY[7WN4*`]S#$O>?\+(F`/B8RW@5-R$X]$$QE MPB#*,IFHAH)AVI_T>N.<1!9^!*4R6>99"_+889RQE<;8UW8FCV6>M22+'<8A M6TDL$PDLBUG!.HP&]9FL;B[83F2U'*EDS,]FX-AD(Y;GV1'+2[Z@HFB`1JRR MS'$Y(8V$![\'NAY-_4?`A;,)$((K&BL[@.&EH_[16IL.H.72<]\LPEYLKY4. M;-6*Y=10E;CW=B>ICXV39_?EU,06YR?Y(TM+\NCK&6G!3=J*7]GH.?.ZMW^7 M0*XMH>(KYP?Q=%U4'RB`7([LJ;\NIO^AH[PP-&@@YYNHI$%Q`LNT[%5@O>`9 M-FB#;F'_\LVP5R8V:1-(F;7B7=2[ITODT9$)GS2#C'MG"[IXM"C)-8(MLSEJ M0F'AI-W5AM%&G(16 M@Z\#O#A0RMK`?S_Y*=:YQMJ0<;_1CA9\H4H`T^+[3&$[.K$T7S7MQ.\DRVU1 MM,&4EGY-['1^Z()G@N7J);GDEF7PKU42XP1GT MM&@S.06$#2*$D.I7O#9HJ;Z'I=)8)A28*8Y5>T@9PPK[U/Q'V8P1[HJ-1Z-) M+\&,W#5Q^P>_&R"[,OAK*CUDZTXI,J!"U:5&*3*2`_HVL?`C#4]&<\'/I]# M+!WO9$0B*QN\?FNR<]E9'%L&*P]LH92=+:LJT.N?JS?1M=R`;TDFW\LNEM`O M/D^GE[?X5>>8#D5(VS98J(S/\DX+%SW'M:5%OF]8' M"J!V]FIW,W1A,Z3%>5[`I.)[R]HFUH__92U6P>_(F`=^[J$M!85DK__>TD!X M!>]P/!F'Z[L9"*P9BN0EVWOJKR7TYRB*3I1IPAB]GC%2EDX7TB!>&IUO=`,4 M/'=1<.ZYW["'GG&XA=AU_-M5`1O+RTLF9JDRHF'1'Y#>-^^OY4,5N(71')J[W1!-^]E>._6L:W M<]`/>W2%-DE1OH]C=PRI6 M5^*HL9!"-7;J#L-90W:\'[T'C/V1@.X`B;X('1C\00C&M^U?.F8>R0YH?9]9 M?S;[+SB[_0CLC\O_^7S]Z]G-Y>W#K`.8^,1]*CE5H"'+9P'R`LFV#RIL?XP/ M`3NL!RHG&0Y@NYZ*>G;H(MY`JYR$J)6ODI,3XEYJ3QKF)UA<.X:'D8\_8OYO MK3`H@%">E//U$H[2H3[I5N;F\,3I2`B\B\3\I&;=Q^$\P9:%W%X^P/7MQ?3R M;'9)_H#"W-4^_I8'>C6-2WRHA,WN8F'Q\UFIKBZ[#Q`[]#;`CY9OV*Z_\G#% M"I1Z&#+Y7$:(&UC=ZR9^`:E<7=0E]Y4"C`Q;2;XCKZH9GCKN;P5Y+7) MG/:=*C:'-U0E[Y?PI]C'W@LVKUSO:D5/`+WV_14]>:XD5.KA2.9T+>7$=QH/ M1[T-K:-+VCKQ74M<#D2"X,GU@(N"2)8Z:A_0)7K")3X5`N@%63:]LA-6CHD] MN%PL;7>-,?<8W!,+Y_0;Y9[`JV;^3H3(DK^^=Q7SO_1&N.UR:OA;\T*T;C\Z M93')3\5WO>UICE[+'`6\*;[%+=]RQ7%_C[P[;Q;0,QK9&%ATH$'UVRNLJ88; M1>K42=V#O-:,``-IN#@T'^7?G(VAG$/-F+W58G5@2+9ZM@[GK67SA[]+E(#35T-RG.H;"T2OYP%>H,'(R+N=,!#J=P`KH)^]B4,Q%$ M)U;/^055D85*)YB;L(U-*6\NCY)A7OV,MXMAQ=G.*HQ)99DNG29*LUS"%ZW( M<'>KP`\0(X?HZTQ649GK$GK4B:U)6<)+8+:$/#M;6PAT]WO.?)@M#.6CGH`Y-=K`IAQK_?M+M:IL/U`[TNYUN ME_UONYO=`7U`?M$[X^Z(3;.0_^P/1YW1H)MNI?B/_8ZN:9U)5+;?&8Z&G?&F M;(*/@'RZ^&M&J,.&M]%#+RFI2&5VN2XT/RTUSF(`$B@DQJ.(S M+9NU5M_+6GF,$@O2-,,$_-0.QJUCU4J."JFLII1Q:5V$8Y".Y8@P3N$1(\W: M*L`WY>>0B`9H.=MRO-02ME6.HK`4?Z;0P0OH3_MF!'45/6ZEO6*N9090!F2%3N!S4L\H.[I_]T M79-N69IA[\4RL#]S[>(E9845I#*H2`OQ,Q_&FZEC/Z!?``R.S6)&@$`15;&F M&0OUI(7T6T?Q-TY5N*494^J#!DX"NW#)1R%R`O_"PZ857"'#LJU@?4.^%>EA MHU/*UWA8\\9J M:6,Y+D3`$"$#@Y9_H%CS!K/$<)-ZAZJ.$JO#PNA4,6&'*&E54SJ5S6MM%Y39 MBFY)%[\3L#^,SJ+),$7I[-6>!NGU#)+6:A:&4ZJUS#=>??R7#V_D%57&@9H? M^^-1MU?``K4#&7L;E<^$-HQOXPR-KGY(.ULH/W`7V/N*EZUM5-Y<6E9;9 MS$`%.3[B MQT#XR,F"PA*ID:]!C>ZZ'C*#`K7IK,@F#-/K&R:+(>5AEB1(B2-4\>/:(4JP M_M,Y\BU_MO0P,N^<7Y%GT?41I'4K7`(G7%TRAT1TJK&&>=Q+L&J#W0&&#AP> M7`KY%F5'F@,>L%>X]:*JEC*V;:DB M_-W2[6G]`K+%;09%!0;;!K+M:6OND+B5:AY-[!N>M52],DDP1HOYEN\I]73[ MA(*51X?SMT?3!2HH(UE2BSHQ-RS@5X2G8&R]:0,9J6:KQS^P$4#@`C()O0A] MD`WX+<".3]?.TEYG\.J2SC8^7M/A=WY^E=+QD>K`+*;7EKO4,(OT8PV+#9^3 MOVU,_SASS+.%ZP767WG#ZK6J2F5;M3[BJ^9Z@[A=V\!V(`9F*P23T*H8V+31 M>M9H9BFJL%0>X<3C-4T]03\I(6$\*G3W1#NW).'Q-?;8IF>WT@60/CM)ZA'Y MV+Q':WZY0,60YGZ@,HF[EZ;BFP`GT1DRB4%$]PF2(B&4"4QH>-S:,9,+D6#U M(ZH2_:4?W%_2,DP1:KP=4/\HL$K\BP[O%5>5M(:MD(%A-N[R7`T MRI`I7.P5WJ;)X.0O8FO(,GT7RV2L8JL,LV@96[DC9/.!KJ,38\.FI!(NQ.)K MK'K4NOE,8,L>6\&#':W*94&Y5?(YL!5:^0Q(NT!>_-]')^(7+&?.+R(H]>L>%'ESU5#!,6%I,=?I.ULD:7*L*NN2P6:D_VL`8NK[+$'R9 MO*Q"KC`%Q`]0T;5>$5'XFD:C'239P2S&$%8/'!S`.]OU_9_`<@QWP<[[H^N@ MV$4*17<7JB)+*M[*F+)Q2AMH\M&R5T'AI6-%I152)51!_/@[TO4H)DN(U@ZZ M[&1:.+?#:GYGE,G$7AEIDJYI`VVJCBT7-$N%\E*R&2X5,O$ MMYSHT7F&D8+1,6RIM05))3H0JPE%@47WX)*\>+9;&M!K'?#;H``KQPA4C@@N,ZQ^&+ M7L6>P6(&5/_M4AK MU)2T"JF64GYP_%#-[P:)5[H+YMA[F"/GCJ<$V9RLU.=':)2KC!1>(CSL389- MM\]Y37,2C%<"IC,$1&D(M?[!6NIF7Q)K)SZ7M@?5S0&[=#1L%'[(M"^:C:2T M`$(!\&,U!C2^5"7^I.P?(LDG#*JQYV/4E9+062;Y01/WSHX72-(57U`_9E;. M20MR,G#V3;8VVSZ@MW/LX">+:(]LJOL5>3>7;]@S+!_?/36566O):5L6K:-\ MC:.Z^O6'J(@F$*H"D2[\YK%(&W:=^G>2)`_G5Y80J;,>.3Z[93X:+,*A@/:/ M0.S"SMH)KO9;4)K,-LI\PHM'[%7%WU9Y%5VB6=H44AE\NT7%">O,HYX?$]<6_11+!@)'O4C6*"X"N?`#V&O7F6OJCUX MXO2+=N`)NN;PZ\_Y_K\+=N6>?>V8^.V_\3IG675^.4DKTG.%BQ]?IFG1PEV^ M@3,$`H8$!$K^*O4&+-+K6B1CY7II.$5+V(N-EQ;O;,D9(Q_K]OIWFQ,FB]]6 M626Y3"C1I,Y6M5Z:%GP='H,-)T=\2"`K8TECUNI[6BN100(!FJ%3E9=D<2OW M#IZMGZ7RI>:U-#TM.O$@C!4U5^SLI[\NJ+^\F-Z^02?70EEQ>F79V+M``7YV MO>(>3[J4U*A-B19^^=I`TU+!RV`@PE$5PGL8H].?)B/#^,TD&> M8[B20>`_5[P;M'0=\FE1>A5@?EF9@[]Y"M19I!E>Q,%Q(`92?!M@`V;IM6@QS#HA_=T0&Q/K\>ON!]BM65R!LA MA<3/!1[T=,XCB@L,F,X%QM")LY#]#G!T^!+^JWQ_T0&QU66O[>J)B8X;';0$VXR62"U)N-O=,NFTQD)O,<)%Z)Z\OS?B.^E;H\EK=!Z&UF M(5DTR,#ZW^?#=ILLX__'7;_$=WA/8OUFC]G=AG[T]2!8#==XL>=U0#6M5!>/ M5LYD/.9K@50PBI*--&]4-`J9;!1DPI'/I/>[--B%Q9/,XG3K$!.-N&R4"T=< M>O\+A%U8[:16?VSXSE"+A7I831<,-5P%D63^0C)<>BSYQK]WMZ1_)=WJ(:2W MY]2=0F]XJ<>TLEX3Y13*64Z27I(*3`]JTU4&(I7F4IE:1=R*V^GC9[J3 MMRYQ-&KN++.7&.IE!D8XCK<8/%E4"\QBEJC@'!L0=AM2*HO?Z*:!F(XX]]37 MBA]<\C(@XL0:Z83B0HB\2R]B5\72_7`$@&DS;+M(C+*&;$&B$3+NJ87N=T^SM#8.JH5J"GY*K0)`7$E8@ M;/#D27O"PA-]HBEO5IG,)\M9,HAC;R/^>C?HH.>6:M'15O]%KO]>JG]OT7X< M'J6XKA@)$<'7.SJNH]W7S=.7P'_^XKWBS7E$LNGH7WA+*S=\BV07$JJ]VV/4 M*RFD'$^K<7K<(9=+,QLJ^2,3C;AL1(5_?`K"CX<(Z-+"#BQWCBW?4LNWS'*7 MR88$EU;D%F&G[BM@0(9\,.%NC_3D2P=-5?=:B8*!J[)^ZO>#C.?38_2&*&U( MB&3[UMRZ]Q'#>66<2L=LV;@&U3L0%1UH"2%H(T?"#WHN-["PGQ*2JMW[410^9,RN8DQX>H-*"1 MIT';G':V];'&3MX_"(UCY#MUA-ITN;0=W2HCI<@QY_ M-&`D.$4F?KK;X%8NK`NB]"XY\B6*J M'0;I+Y8U-(#B[P&*$_D(LP:@F<&(Q5*:0$0\2N4CWH!5&8$1\Z49`J);TRS, M$AJP*R>6.G=US3+W[4GFWE*.N=>.N+DS&\_FJA036<8PK>U5))A[F_FEM?%U M]#(^LYM>!*!58I>JLT!F)]F5$'0MG)9EN@B(LO[!\Y_SC6&?\%,08O[<@_L# M1U<_XM`-PHWGN^';=8QWT5?B//(F<231[_G:)_&#(]D"6I).S4>F5'H3"%-KA$J*(:89*Y]9T`VERL$L'UKC;;8< MF;@YN8(H<6GRKYBV#3IKVCVB2Y.K'7\9.%*\)_D.VW_8<#FE[.G>R>A(!?6# M<[.S18E(,E'@%U,:,)4&VS'6Q+ZP`"=?:$L$\><_/%DUU[HWX/!2 M5$/]SNK)?"7!3"J/1!B1:`=PVMLH!H^"C4`($H5A#8J.'&,1DFK/H->_`X\F MS>>E%ZVT0'1HO&Z][HW=4 M"=7027Z6)4S1HM6Y/$N2.P,V.FUM[!=-M6%XC"6Y8RQ!4N.&M;I78+&DO[F* M9$-GM6""WUMFS,P*GFR8T:@/O`;PP-\46YC_N'4]V87DU:<@,,*;5K\185&9 M.V`B$)4!C((VAK#`OW"C%[0G[[);5^V:V#N*(&'D%TP'#?:K'_0B")S<`-'T MP2I/0P1_607UR^QFR\E1WY#(0A\2:3]!'1(U8]VL8)X]8!!'F!`4`NM!P:&X MZ5_V.`0\VFY,)X/>H]S)PKWY1LRT,W=2V2=?9SX04D+L1O@2\_]>^^?K=7"@ MI;;<-_=Q*SW'UOA>O]BI5T:9AI?S2;Y+A,E"'U*I=#42I8)1(AD,128-9G#* M+-O++>L14FI16<&6@E/L`MD=7F/OM17."J]:`;5<'^7@F\UG4S6TY<(!$SS3 MAL]*L`LS,2/D8]`SV#KQJH;`BH^L`6%X(%_=& M0*['9IVS+,-I,35N#5:1$#L0*]!,8VOMXDP1ML5QJ,78/=D;3MD;FZ(W;`5P M380KHECF-CN@?,O*WF\N\1,.0[Q)EE#3<2YG(.5041(&"FT5#372P\6R%N)) M:]E&@7R225Y\"R8[[L`O,UZFC'N@-)T4,!=84)#P)#34PU_9H6`TP`[\;Y-; M@=F%P.=Q''J/AYC.E#\$['>?B#&;6_>-'4<*0_+=><7^NL`Z37#?]'"2MAJ; MF)>K`E7P1K,KIOG=TL5V41R@2V][8(?EKYZ>\)K5\V1/?GRDVJ!$'534!S!G MZ-&/_`;`S"F;U$_!GI^!IASC!_['5QP1(D3TJ&GHK>F/O,:$^]T--_#,8P2` M1RQT^GK*^J22*W[U@D.T?2,?5R$$X$JDZ&(Z+Y*BY3Z8C(B7)$CR-&E'5WZJUURE MU+3&NE".,BXA'8U`Y0HGV.&4[,!R._KKQX5A4^Z4CPV&C/#:PRF%1P!B6^LT MQVSN3"N!#7DDI:T%PO,H\DH\?0>V_"!*Q6"8D.:+6&\:1W_E;_0:\%(U-)9$ M%MFR4"+-KI._ADQT6IK8'U(:@[`,G'J_6(*CYD,K-:_`(DG_5(_^\_GFXW'QROGKZZWI9,HGX(P#+Z3 MOU6G0=M(Z'T*0TL]Y3+DL[.S53J/D6+H*6T"N5D;R$T;(8/:M)6^YS(Z=$&% M1K(F4-X&RAI!>2L0DQH=NH'O)H:ZT%Q\IN[/?"[=G&$P]>:+>G2%R"P MD"&H%GU M6)E.DHZ#24!?KK]0RM$4K$@'=LK5\EGB2P*-IO!P#4^Z/J"Z"`T*]X/U\<#WPR M8-C4XYQD(=_Z]NWN[NKK`RKT-?]E%TP4>Q&1*X!A0V]=4^TZ"L_"@"570..< MX>Q,@)-<$C@^VAK%TR_;JF[5AI8$%A4/P"#"QS=/%R'>2"N4EQ[I-?[S=C4F MEM(ECSQ"J"!Z%HZ+@HK[ML94]GC2T=7W(/R3;IM9NWN/9E,^QK!']D115([Y MBO70H?[975,,OEWB:!UZ>\%^,-6W@``A4$4YP5A-%K.T:R@B`Z5"1Z@@%AXO M)]OJG&(K!(9JPE,&*YF3;$%:>BCBSHWQY2$D]'6+0R^0';?1$@&,09E>ZK<. M9<=UI$&:G>.AC2#>"N+-V`-0,XXH'V0+J;V!CZ*7((QY?PZ[7_*4(&\";ZT# M;4'RK^X/;W?89?LY+]P]^4O-RI.&"&`DR_32R=@F#4A.VLBW-Z.T%7N`;,8/ M?)_SCI89IY[(8)MN8`;O$)BH_T"?5"N^K]TVIZ-$U$!0`!L;4)E;G0C<2$WE`B")-2X%<- MA8CEI(?^%0M*+(F?Z3&:2PVK;TM8S9+.*,TN?^<2@%;!3K#"4;6BKY@6ADLQ MJ(^-!8EJSV^.ZM(S?49UL6&-V8!54IXG>1\ZJMM;X:A:T5M4B\*E%-5'QD)$ M]5^;.NVX,$>X_NX=?44>7&69")<",V!*]]I$?BQYQ_([YHAR,H*E'$ MZ7X>'ITT[#0T)'PP]**[OV^QFJ95&\S1#/B^1P@?\LSB_/Y?Z/.7FW_?H\]W M-[^BS]=?S[]>7'_]!9U?/%S_!K]ITBS8S+$/^&9,B?ITJU,4&TYJ5(7"LXZB MINI]]'REQC99PP-+:CIQ6#FI.7`?D?]+761U0J.)(`5*T?'Q\*BD74*C*WPP MU*)]8($@9F6:8FQ-:#KUH3"AN?[ZV]7]@_T)34NPF6,?6Q.:_,I"@PF-JE!X MUE'45&-2<3E38IO"U9^#2F@Z<9@XH0DR%UF=T&@B2(%2='P\/"IIE]#H"A\, MM;2975B8IAA;$YI.?2A,:&YNK^[.!Y#0M`2;.?:Q(:&Y]M?!#G\)HIK\I/!, MOYR0-ZR^:VIV=I9#FPM`'ZB(GX[N&+QUX<[)GF"=DUKW8%CT-GWF&0?1&Y"CU1WC.@*8U7LA"&>[^?K-3TX0(_`A(%/?ESS6QC/ M_4=H:$$=T[14G\]WVX?TCF9 MF-=YH"4=]SM)#MH;:;3'1XDC6OH9A!+8?:LW3_>Q&U/B^O>+MW[A%8SYZ$Q: M05CES3XAWZR.5B(&_W] M!8>86![BV/6VB(4COV$]Q`A'=!3I12]B6NL-N^J!7,*JH@=AL1F$"C!D#X$@ MCK:L'&>SZ6)Y#"XJ`AI#^F94X%+%AQUX*`:/./0SPR&B/)LA;)Q_$SW98[P+ MFE>O;SUQDOW6^3QZ:48.9L[J9)/8S%4RI\BG?!`-PW2U#1@#-:%5!(+,"R!H M")]=W_N+^>Z"N"_8>AOV#S*ZO"4QD%[I>/.4['UTMZSKXB/0^L4P,[+[1)P) MA342(">9$2JVR]:X\I;98*78-N7]K'64-P^^"`;@/*T\6:&PERGW.Y\MI@[!DG,JNNO89W*R.V3&WD1]5:QO<%2E.*%VYWX M'82XXA<<\IFWQIK8XF?[I!"1`NJ7S2[22^"8G&0"&KXHM@&KG-RJ;58.QDWL M`[Y-MS;"2IB2^@$"&+?N&P/K0Y#,2-\F<_.WY(/$!.97Z?2\Y+-J".@10NI: M:6QSF"93PZEPNGTF$8]2^2/$6AAE%P1)ES;:V[_B]OOXF5#MI@YSG;EAQOQ` M-'YQ(\RZ1?O6=/1#NPA33=>!8)=H\M7=8<'EI<)'^L1?H5WET!JOTI+=]'5$ MWP>YN_1T(QQ5(WK#@B!42M%>-14RGB^#G>O)2M57'@*(:=ZR>G'V:7I_8R$@ MN`S@N&YC2#6R:PSI.[;+82.*[H+!(/%-9&&2[O'+YF[=\"9DHZ4-O0";%L"\ M?W%#645:Q9?[Q(.21AK$>9:<1\@$(R9Y1/?8T*TV7#J[W)W5E46L`2`,=6"\ M4S8^XL;OB?'TGG?0+;5ZH5O"GKJCX#')=(G.#_%+$'I_8=F]#0TO@6&PJHD& MM<]F$NQQF2@7:@/>3C-4C+.(&^K6&@J#-UE8RG$F=)`M^+J.HH,6MI(7@''% MM="@].6X'E-6//J-XM.YK(TCPD:6=0EM;!,#)G_]_-X/,E'42,T&8W'8_K_CU.^$?(# M'R?]%AUR%H"&7#;/?4\PP4I4B6`S'W M-A#X]JZWN?JQQWZ$S_U-88WLHG:M5N7-?L'9I(YR2"\FZ7UYB524B&7Q5E[; MO8!_LW?X/#:I]=R>:^4 MIMBO/[GT"J]@1[F+;?ZBJRL1>6Q[H&D22R=N]G75WKIM$XI$3!NBL35J*>:; M1".6M?),]T"50IE6K$]E?_KXZ+);_`J:L8TL$26H1#D^5$")>A9P%*S'LX(G M^S*E%;R^#G8[>JLO\QOWO9?Y?EWT-=LTL]MO@S>,T3[95X/V5%5KZ+`K=I`R M9R??%YID[TCJQW<64;N",&ZX<5#M72#2DRJD<;O&TA&1UX=<-$'23^@^OQD; M[@K##DS/6"2_[]O*B\"U0EB&Z'J?02/SWMT2KM'>_ZHA`0BE#6JI!ZR37AU4 MQBJ5ST]&]+<'M@UDC?I!,)J)$C]8N!56/\QE&%9Q(A"2-X=U?!&P!($?0;[S MHC]K[XIL>*E?O-9HHEX&>>DL,XA2@:@D$5&1P!=,FK34.<'2'K&G$)@5N#5Y M2!-A?P44-O/Q-`$-^<4?4@A?[_:N%]*?;L)++]H'A->:SVX:$6D8<)M@?=BE M9]0ZT%!T@ZQXF1, M)^\`Y:_TFW)(]="8V7<6960GV7\Y^1^AK^+CF;WD&X;,=$H$5DKNP8^?JL1A M)<>H]PH$F.YHTH:MI?:.BO9]Q?916!0# MN6P@6-36#C.+3_0=N9K#JM5L[)1B%_2D6FL+'#4+>HU@^8"O:J:!T=T=7H>8 MC7O<[:?`C2^QNR7>OO9Y[3]!B0BT8;+ MI*5=?2:UW^&741,G1R92D2B1B:Y]Q*7V/VHR:J93^R6AAD.*:$M'.RH>,<(! M41QZZSC9XWG^W0TWTJLC%%[HG0'JM%$,F]ER12<*$P)(!29+\BX3V3?HS5DU MJ5C%-VAPD_O?CE)=C2 M+4?2V8NVXN!`IJRC3L!.Q#BL'(NE$X:%G8OTVA#2)BHV:@5@.W(1P_1]\1@M M.NP#'Z6;Q8EGZ.0CG8=D.&<3D/2W,7'2][S9U*L6P5\;1S4,H>=]"TB$';0Z MTKH5@:B)@B,/)?W4B\ZOG+F,.)+#BT+^Z)8TU$OQ]>";"E1X<5>\=^DC7I`CYTL3>!" M42H5?2C(18G@CF[1:,X%S%KLE"S&B518/*J&9AE]2GZQ`6L-@U[APX"8TAL? M+E;SY5*&(^AQ[^F&.1H$8&PR%(,T#+(5/QB M9"6FVE#],HS\Z=[78*2JJ,;,:CE9S=,%&!XS82ZN[\470^;(L`^^ZF+(/IL@ MK@B@?*VEW@<0W2<]-!,EBLDWAE:?ZK%KK#2M7G=I?K8L@0%PH^=)-A0#'K(? MDT1*L=<2V6E!4-<.I,3/P@6X[F&C5;IZR.2@8K`#CZ,,&.;DAMDP2*J-JQH@ M``^1[M'.@AR//_=C;>-L#+5-PC]>'D)5XN?I!2Q+@#3U$2>L5'-*KL](A M7EH+^\%]W,J*#QINI$\`&M5IYD>U09*.0#>M0!\&AO_-,)D$O$9?[+P3*>N!++>1C2CQ.E0_"RD7E0K];L<\93-EM<2D#G&U\;^-]%4L@F>4 ML10$6T12S=KJY`I+'5XJEDO*F-+/2O??\5PPB@X[;EMK!C+5(C`U&3)#H]>?3^HY MJS1L&:%4J12>:5E:JA??=)N,A'+5K"8T$(F`O#4K8GA)UY^3`Y.D8PYV&'WX$D313_FRO!T` M;X$-,?)U/0M""70W`#TN]=BPL^[HN3ZA7&U<_8[;:7K`+Y&1="BP>^E.,X?C M*KVN`]$4#YWO@D-2#/7\F?Z67O[EDYAYLV.OG2S*2L`1N@4&%,\T8?X%!\^A MNW_QUNZ65_>3?E#9\[V"1**$1G1-DSZM*`2X-J,ALQPML_K#14.@E?%1YPD8 MG&R)S.=?L$\ZN.VYOSG?[#S?B]AE`J\XN7A4^F&57NX502H::11S7F9]#Q,\ M0HEHSM,EX>FMNU`@,V^Y4[+\F8OFE_6X9=/3NW=AD:@3RF58*OO.7HS6GT_7 MDV$=8C4/?9_-%F=GVL"%/NC>H2L$%4;:B7HR-UA#T8* M&X9E^X79_]S1?P@.$8IX4_8QCR$` M-Q.7B:\S/-[[C1?TZY+N*DT,AN7*>NN@KR%[T2:W1),!4]HIOF1,EKI@SR2P MG1^AL`;_MQ\4^\(ZYE'`"HCC%-U\Z"8YHJ5-K[V2?_" M2II%-_$+#A]>7#_95?<+$1%'US[G4M,AJMO\$!A+TR;UROT4Q0N&QBE]X8\4WG8L)O4RZ7;Z2A>8OU.F,.F M-=>S.O3GKZZW99O*Z.45K-E!]C8MB=5(C]3F:[[G7JNRH]'*)#,=.^:F(5IVC*/CS;+L$41-0M0F?M_&^^Y`#7]3\:D8 MH5]5>N#WUFH&*5^H_7\S-PD MD&*OD.DZZO+>8#XQ?.4##05.^B"SXJ")2/K(12'LT\N$T*-+A(C7Y@RY[3YV MPWB`CIM+'/>(GSW?;_#=\'L^";7VT[.)/MP[[;GL&RIIJ/:^^CMCR?1BM5B> M`7:%@",C6[I*P]]RIC,P^KOVLH9]/F_I\[];!VW9J%0S'-Y7M_X;LQQL\:[2 M_+OHGLLVZ86)Q;3IE,[W9/YWW7!J=-OVF;!Z>_395B6V;>)A$%U.IGJA8)V M])0FW4-SZ;UZ&S*#M,\M5%MQ%2U?HD8&3YV&S9HXYEM%QA[8&O;AKLFQX[ ML4(#G--Q?[Q(=0.D0PMX*?6.X4MT?\U]TW>#=9XF_!EHC9DCRZ M[SRQTO+0,\6R.1H[-PPNO#9R8J[D>\L63W$_/U.;"0`GR7XPWGFV*/@D@Z?- M.R_Z\W.(\;5/PAQ'<5^D*6QWJ)0I,D;GO%#W@VNJ(:(JHE3']\*7I_N>WV]( MQ'Q\H@[R4@>%$@<-DCKK<-X9<4J_S:!H\XOGX^L8[R+3X9P+'@+Q9=IJ["%: MF2H$A7ZGS2/6/E1YQIX=Y_3C..O9[`A^1NBJ_%$&Q4>_NC^\W6&7W7%V>,R* M,721O34U-P3N:K!!9\5T82Q72Y0JW.E74&N(Z9E1+S/ZN\4AO?^+KDC[08SP MCS7&;#MO'"2UHKPUVB=N#9[0/JV%MP^'6NY.$=U&2%#E@VE2XU\!Y;OY>)JP M'?G%R?JEUZZ0MW?)K;">6^6C7,?9M@S=;]1?5_>S))$:3SV6SN M+/^89E2(.,65ZMVZ92J,"L^EF&4%,=`N84(_NVMIS31,JF:\LO$LP3O"B98_ M=\*,HJ['2K?G/1"[.Z:F!_J4]$#)<^74,.V`DBNN;IX0US"Y:Y%/(]"KG5(M M^^V/K'0]ZY92QXFB-.F!-C3B]VX8>VMO[[*+?6AML2W(9&S/)$S[ICX_WJ"R M]]2H\\W&HZ^X6[X?^_P0OP2A]QSB M;BL:&?5UH<""R#TC=,7+$7T:<#DBHPZ;-SGL4U9+J,9G0QL8R#BPB_&!\/M8 M.$Q(]2/_?<)>?*!_\S=7/_9>R"3++N2`U67@`P]E0U43O\EJ,79,K0O7#%`H M0["ZU_2G5'5VH3'.E:>E(S@;#GL8T]%7ZGR\@SZG/(X*JB.B.RHHCZYAKEH9 MT)+-/Y/0)S^QH+=O0LV*?J*KD9C>M[:XQP7H6-];_ZD):_*_ M4V?5:S?YSKK"=@[OL\=[A[U:.Z>7.B_\`X=K+_I[=55]]TAV%!U\;#;LL6K8 M37KBED4)M>G:CT//C[PUV_IEO*1)U%=/Q29;XT M:[PYQ%'LLJ43<,[K`K)&YOUKO\S`&:Y2ZC3Y"[ZEQ_RZC_#:UH?)AG4FZ4#9 M7(5_,4<>529.-46WLB.>@R)/<]]!)9-LXG1Q_B(@6;6[C@_NMI/*HR=H,LSQNZIYRAQQMIJ;._.DR-69UJB@]A#KF/;U M?1338D5'?QEJ@=33>:>CN0.MKS[@E!MG:YQNRU,FW29%]4T/+]FNM4=Y MKG!YMC!7:;K*WC@JWK%BS_2L50N<=WLB@0[R MZ.:/-D1FU=W6V%^[`^)44]NJ6+K5P3K7Y\I>Q*OR7L2!WDG8D?-GRIO:WMDT ML-;.M7Z_WKMD5H#)X]-T>D^,;&2"GC9!4 MK_V!O5/9)UC-ML=E)OX2!I'QJMXU+0V(UP7JJU=\6BP[6!;D&A6)F6DU3/H] MV;TE4F4[O-]AHER#5I-4*/L8PR>XWB_E;JG%8(G1W&7,DVFIL&MGI/DNK]#N MX]N4+\IV$^\E9U"IXXXF@Q-:?C\,W.]MV"=\U"$R=Z'/[F6]3=[>@-A8:H3R MXLY\L>I@7T1!KWY6U+JMD6+6VVSB5WJHX5W42#'KL'F#P]Y'C115'C39N=1_ MH(%W(YT>"SEN9YC=AM[IA>5DLIQVW%UT>"RD[UZBC7-+RX(EQ[S+?J&-B^92 M%[W7GJ"[XS+B3S%PY@=8\51M?9B]A)'5L,ETVL$J9@G_$&N5?7O=GC3K_/HZ0M]_G2:(36,7D2:*VWW2(1/X;CHAYZ;)-MCS3UJ3`XMQ!P,,KE9Q#=F*=6)P1S,"_2Q<^7UE#0R9,9O@:Y(6:S_'H+CO M-KG]E>7@I8M+DYO,30=T)CV,(--O?\>K=$N8%Q MH&%G\VOOMD%$<\9]ZJAU\:H?\D/\@M&3%T8QVVB_=-/DG_$CP]$>A; ML%>Q4\P;H4RUKS>HZ6OVV^@ZB@YY)V!Z`DS8QA"FHD6*ZP#4W$9LK@GBJ@SX M-*,!C\Z$FZ\3!UE2S[A36!J9T91^""O9*Y*9P?[G@>AW[F]N2?A\=7?X,J## M^;:1VZ8IF[BLA?XZ`#SCE';UOPNUM!@2$2M;I9&X1J=.A3*+*UP2N]=4'177T1\ M&/H]L[,^:1BE9LT/:0\O<_U)LG_MT\E2[Q73K#^Z#;;>^DTK[.LE@?-DK7HZ MN\W/ZODN93$VKY^UA5ACB+>&?D_^^X!_Q.@3^>9_6C5.-^@J1D1L-K[D)/NH M1@D'S931[#H8Z`=A3'?/?`K",/CN^<_R(B_'3_8*W:/FE>-M-IUG<_M$RD<2 M_#MTB1_!EB-/-,6IF/*8R8%%CS24RN@06P\:_308OG@^OH[QKA$`Y8%YS\\:3]2^TZ?4*E31'V#_"R=C4_6U'(YZ'" M3Z-30%'T"PZ>0W?_XJW=K0J"CIZ'0$]5"?6KR,C_X\@IBK`#-*<9Y6@8U3M6 M9$$FQ(G0#Z`8:1RF'#\(@0K]''XU7ZV2U"L58L/`Y$2#'#V#>D=#_5!$;#QH M_-\\7;C1R^=M\#TZ?XS8`;"F3R=Z!0(3`CW4YTR=R:R*#KK+G@A$3"*AV$0F M-%).-M-I;V;O^*D)1R&29,X!QM1GSW?]M>=N;X/(8Q/5RMB2OPJ#,:D^&B/E M[$QV,0@SP2B5;!/F#)E]C#UMLP$PV!B^$BS6.PT8DVQQ["78;D@4\/&:.BAK MWH5!I5PAG;YA+H!E4?(_4#),MPB8IBP_1F8+RP&PV1S&$G`V.`X4G0_TU$K3 MM^"-M:R^+?YL>M3?_)H$+/G%'PP_1_L09$LX*F\8#N5-L#Y0JUDK^NHHQL5\-EV2Q&::[3=)MN:L M"S)_[B3.15`U;M1R'WN,A9H=1XP#=NB'NJ%R!6@W($RUE MQVXMJL9XHCFL<*)27<33"8U>I-RE+8O\=NRH%(J8"8/-5&0T4,Y6A`ZP@[<: MA\AVC(M/'1*>+6:3J3:?63`L-F,XSP4>;B[^^U\W7RZO[NZ)X?_S[?KA/_]E M%WSJ1[HFA[?2`4!INW&E9-ZO[@]O=]C),C>55R&&!`IZ*8;3;#5;SE:%L0'R MLGWY>_(F&23DE1W97K`=EP\P8#!N=6'D4#Z-<%06%"7R@480QBWGA9BJGS9X MXM^'7*(-=-#6/KZG+WN9@O_6/O`?@TH.^(HGP-)Q7J7H\D"KU/%#C[QZ MT=5NOPW>,.85V-+:;/0,5%VRV$):WXF\OHHZ,]K+$A1Y13'>5G8"FCZ@NRA@=$VFEL$G',U7.N MJXIE(RN<[CE!$G'8!WY6PXI28U*C.?6-G"C:NT.CJFO7H50JW5HHY26X3=%> MLJQC#G6NE'K3(JID%P%(`]-F'_7[+QN3N-CT; M>.T_!>'.53F(I_AVG_VSFDH:Y]*6Z7ID07)^)A05A,/O<.K">.?(^$LO6F^# MB$[2EL['%GT!NQ=*+ZI+7:^&"\$`Z^'P(F#+KWS-]/]_[G!'@]Y\D,U MTLFO_G@(73J'?O^V>PRJ7^7X[SU$]E&CZBRY7"8]0O(^X@+Z#>43]7?4].\Z M=J6A06-6;"((1X?8)7GH&QM6U69`HB?[Y.GCYM6KFF4#^E1*,OT'F]R<;)*C M:5)O?"T/JA)C2^P'QP&?*E7Y:LF34#C@S6M4]UM-1#CH9BV\%0S:6%2&0<0M M[HG0V!_)9W;(5-9Y)O MIRNE1^1HJJ8^\W(V28;=1Q>Y\3883W/F+L@?H:1E&)!UZ@V&PD[-:ZH3T:EY MB]+'=I./O0YVN^1^L>1'6E/BU=W2G;U)SWV@NWT]'ZW=[?JP=6,ZR;'A.M%3 MC,$.HP_;((I^0GL2-^PE2/)JR0E%=FOS(2RBOR,%&R;#M<7`$Z!4-XV>-]W\ MWHX!P:?=N_6,(Z0+/_-,PA95B@AV^P,C"!_'*2LD'$')H?@6Z&)S6^0HL$3] M!["9)CZYD;<^,=JX#`L)@BFF?IYAGIYHUV0'UHS=A-#"$XP-NC.-*/P8@!DW M$7-=F>&"O`EA0O1(VQU0.E0/_C8TEWN>HS\Q^@N11_Y-_D5^H"?'R#_^#U!+ M`P04````"``C@J5&%2V.7BTG``!&%@,`%``<`&AZ;RTR,#$U,#,S,5]P&UL550)``-!)4E5025)575X"P`!!"4.```$.0$``.U=[6_;.)K_OL#^#[XN M<+<+;)LVG9G;*6;VD-=><)DD<-*9G?M2*#)C\RJ3'DI*X_[U1TJV)=DD14J4 M*=$$!M-6YLOS_/CV\'GC3__U,H]&SX#$$*.?7[U[\_;5"*`03R":_OSJT_WK MD_NSJZM7__7//__IIW][_7HT'H_.,4(@BL!R]*\01(`$"1@]!"\8X?ER=$=` M#%`2)+2YT35$7QZ#&/Q]Q/X_&=%/_SH=7X^.W[P;C69)LOAP=/3UZ]\832]&%T_/;= M]Z_?TO^^>SA^_^'[]Q^.?_C?H/) M](AV\_YH7?#5G_\TR@M_>(EAI<+7]^OB[X[^]VH M):EC6O'S/9WN@'5Q^W1%E\XS$`"PR`RSM7]C#8_P]&$;G47?Z1TAIZ@R2WMCK`] MA_X$4`R?@8&II=>3:3[/@GAV&>&O\16:0`+"I!4ONZVUI?<3238E@JC=5J3;@SF63H,8QK=/Y>/9.%/*?9ACZPH]TZXP@2`V MSDYMVP;9H+,!DGQB7V,TO::K<'(2QR#I@"W=OLRQ>3_#)'D`9'Z*"<%?J8AI MGCWE/@RRE>#PRRF3<-FRIGMH-\M+IQN3*RRD4X7.D:S[NRA`7:PTQ3XZ98OS MZ7:101S2K_2P-,QB?7_FV'V8\2CX#;"+#%W]]/X73`'=!-)Y1D&GEYAQ& M*26`6Z8-P\T[[9AQXY-7HQVZ?;!=,YLDU" MGR^MUCOFYY9,`P2_99V=T?YP!">Y2(_/F.ZH;'K=0>^GH0A3JDPAJ9WA/*:4M$L^XE2?C8+T!108;9< M!M(F:+]Q)W/3"#T=8S8&SP"EM.D03U&V578"A:R;CCE<:T>6'>]$TGXZYI%. M+GH:)$LF=29T;C&=Z8+]4M*A$$K7`L=!U#$.K6GI?#XP(>$A>.E\/DCZZ9C' MC6[I'#PFG7`GZ*%KOKB:I6X8K.FJ^UFZK53H:I:*^['(XT/P&)F5:A1ZZYA? MH:*@DY%5Z,TZO^9'6;G/SN4JCJ*A(]%*VI-5/LV/KU)_7<_K@"!FKEDK&;I9 MOL).;''7P6*MZ:IC3NG!/H?)YCZ&LSL80.RJVK%LJ-GS"H=%Z>[-/-8J@-#" M`$V8CTS^E5%@QO4HZYQV3TFI]!@Q]RQ,ML8@[S#SP8I!^&:*GX\F`![1OW[Y;>6#]A7[Z?$*[GK#N+Z-@NFXN"AY!]/.KW=^/.J?G+"7,C>:2 MCD00_0X"=;`C5J"Q*[H_&'!GQ;.27VQ]]#[19"5G9S]U3 MD\_Z,]HA86K_"7CY'[#DD,4OMS?ZZ!&`42;$9&=??)LFS&>6^3.+B955VA?E MES`"Y(S.K"DF8ERKI?9%VQA,(=OB4'(3S'ESD5NL>^H>2,#&Z'XY?\01AZSJ M[QMZRB?^":G2%I!PW1#]Z\YQ7_6"7I4X6F0.HJ_#&8PVDL(3P7.-HV--!.8L M[A$F$T`R[_QW;]^^&E'ZGP`](2?7J_-)1%]&7`)(#+*2K";$A%+P\ZOC5Z,T MIKSA16[(&Q0Z6Z)-`<^QAT=\L!4PO?Z)5,#S M@X='*$X4*/VG1TDL:ACW:%*S\'3^-\FJCO](_HY0!-OI(!L$BOQ2"*(G77[9OAZO/G\]P3/GYB/&$J83O M`7F&(8CO<3%I5M=%A0K-[[/-Z=_6Y6<^I@+2^67[0/7*(U:1[G5I&Y1G$_:. MX">XK03FE;!!8>&->TFWN]S(D5+X"L?54T#W.K!QE`'QQ0O=\.C6!5%`EE=T MO<8WF/Y*Q0L<4?JF5XAN32`6<=QEC_80W.Q<`J5_76E[E%.$+UZ8[PPX!0B( M9ZJHM!W*\P%?D2*DN%K*!J45AWP8F4;?&U%6]VD\T=`;I]6 MQVV=N:1I*SWB=(>XFJU?NYD^\RJ3'/7:L'&I4SR[V5U.N.&X:D5I@(WL6N2J M-:4!3)7;0#OS"4Z"R!E<5$](5PTI#2#C"FSMK"=.3:F="X*KII-&V'1XY6]G M?'%L#@JNU\TL+S_F&"$PI7U/G$%IZX+8LZ)M6>17BNV#)PHE63A@"Q9*@L`T]V9J4,0@!?&;44$%&C7IN M%4L\D)2N%Q@\PHC.!A#7,B`H;X7Z3=:@NP!.KM!9L(!4_"MY7(C8J*]HA9\L M:::(YOQ'>W35Z+:W"MFCLV8&5\I8IU()U.VR-JAFZ9%9#"3]@V4*>0XBP*(B MD[.`D"4]C'\-HE1DPE*K:X6K8L5+&=@N9H76-$ZHR$_.P8*=W#7S7%3:CJU^ ME7)';*:M%+%!8^E($Y!8+F&90F9B89.QDGJ]GFQ^M3[R4K,M*E>WS)M\B?9$ MBMHE0QW]/IQ,)7*82EH5\E)9*_XV[)6$_'BOI9I?U@;5=^L;=NV1R2MIB>(% ME?%7"OCU\Q0JDJ)*33L<"1*WB4]7:14;/(Q!$D`$)FOU+;U7IO,T8F:-<_`$ M0Z$+HD)%*QY>NX\$B-RY."6M4"Q1+]7L_TI5[?"D*!/U1`K2EGMZ)ND\$!#$ M*5G6'@:<@C9UU7Q]1ED3+;BCN^[P50^,_/!QW=.K'A^!6.=JI+SNBFKKP=5_ MZ[Y4NU?QF%13J!4F+C>]EI3QDIM;"IC4W#SN#$'FOI=M&Z!DI5W- M>6)X@@DL3*[[YM;;0G@BZ;;G4G%>NJDFT$-):+1+M>>*Y'[^CAH^+G['K(CAYB*OX%KD?DZ"'&L^4V"Z\94I1J6[U" M&:.NQ:J^AB#=92C/0`)#2JM=)VY*RRW)R)YD<[AXFIOKEZ!2T[);>A[U=I(F M]-8#OPE3'LIJ](*#JSA.U:E?E>X%Y?49K#IZ[L.4FZ;FHE"L;)\OQ:514ZDO M?$@7B*1"7^BO7R9UM;P;9`=N>3G,*GYYJY)#U$VH[G>N^^^9P6]W7W7=K\\D M;NM]W'67/Y.8\9,Z.)KCK2EP2M<YJJ&WQ!@@HW- M3=>3IJAQY=7]O;AC5:^6L5M50*Y\4^E@I??8#)CAX@D MJKEQBS7M-4WK@T,LJ0=ZQ9>J2C'*VE3 M1RB]TPE4J6L&]Y?MN^?8U*C3VKDD.H23Z-+C>DX-98"X^XCKJ324KI25-T;X MF+\@?C0-,$O/H[_L&XT$CA:Z8D;^9),ZR(H0;H:9A7#L:UIO'.)[C.'XQW M3?-=KQ8Y-].>J2'7O7>'^T'?[6>H0`/M?CQXL[O6Y^.6D=_Y1>(".7'JBMU7 MV@5[#PTD%:MM=5Y5#:,'H]FH&(*YB/!U1&N`WGJ$RBMR`\L><+'JM(/ARI*'!Y^V7-2D,X_9 M/<`YR/_48D_0A`T>SP'=[$*8;77T[Q'(#@@T.9ECDL!O,N<-I:HV>/H80,3V MA%MT3_&^?;I"<4H"%(+32/R<:TVE/O!1>3=C\VB&(C^"RG:>97J3$[?-,;-8@3Z4%=*F(I6HIW^5O%#Y#C5KU%#C/<*%'0QQ8GA^J#8Z/!R:S0_=QGN$"T=YU'Y^J#8Z M/!R:S0_=QGTTKI!*C$(*\"VY"TBR^L=)F%N5*827\`5,5@(C^TJEC'/#D'CY(WWA7JVN:*H]!46>P:+=AY_ETG<+)/L9&[)DWU\.[=*E9X M2!>+?"\,HC5%5^@)DWF@DL15L;;59SL[M-:63?IJ]B374'VY6\7$URPZ94B3U#"(%;N3^_$I MAM%3LY0T"UIQ!%:)K4QM>6_\$5P/8>D"Q%TSN>OA+!U-12W'"]=#6N7D[[`[(;M2>Q7BX M><_L;CPT=%0;D(\/ZJ+9+(27PE#WR"O#EANR),\6 MUE;K"2\/M$\]-C8U>L'!=MZ5Z&'?/E]>;Y&Q_FHE)QO`4Q(L9C#<&27I&VKU];H?V6LP#:)\_#A[ M+Z^$E3CVE,'!T@\'"8BOJ+P%PUE.4Z[P%(8YJ]2TRQ$F"L1GA2S%V$[2,-&; MV#65K$1S4@$]'H-G@%)FH)>2SR]KA6HP91?R8J,((NDI(2YO-0JX3(_*^]H[ MY:W%_T)`]*9^72VK47JU-_YJTGN^;.5Z$G?5&V-%,\W?75Q_\4GU0BJ=5COP M'MX$V[GZRM=AZ:YP<%CM7+(K>N@MHCW0.,KF.I-5SDD/$ M2OAHAW1+<_Y1DWJU-8HW3L4:H7M]9@O?=@R3;Z?;XG MU!><=A3,6R%/4BV/Z_E5-.&J50VXGG!!$:\:T['K"16:H"1T07`],X(&6#Q7 M$=?S&FCN4`HF*5<3#HCLE3M+C>-6TRR-TS`P$5CZUM>3*F2NZY5J#2L,EHVE M^6#>3A<9:BK"CQBZ_DFF`5AESZ<$>XPA.\@F()N7Y>/NT"A(+HLW:KG/O M-=.V@0'4'S7EH;*PMQH=LK4,HS/'73>"=`*P!JIN2<^=HEISG+EN3^D$4]43 M>7\J/)NR62DI;V\";=8T+0LR:]\^%->P\^#?BAX6GIHK$NA0DF?)BYO""G8S MG-:.1#4$4,SV_DY5J\MISC:3/$3W&K,$+\^;2+Z^+*^,G(+0LUE`IO6Q;/)* M5A:9&.O_!M'D$I-/PB?EU>I:]3U4&J7*ZE/#XS`6XB:+[RDF!'^%:&ID`7(# M,2?/++UD?+O)<+\\2TD2P(B-Q7TX`Y,T`J=@"A%BKJ19K@'.I:Q9.R8B23<= MWX"OF[Y9-L=;`FEO#+!G3.6EW3*X\FXQ4U M,052P@X"X5"7?[8!$NP$DUOT*ST_F`\, M!548MZE2":,"'DP\DXY.X]8ET"[KDF2(RALU?52J`>HQ!MP;]^N^]')=`Y5 MI[&=&=ON_8[^0R/7-53`D6Y)KD^AG0.M#$WE/#D()*H;>AF++2G*]6=;ZM"H M2FNN/YJB(K;L+)P#B;_5Q89WH#L?C*L+DDAJNA4C<[NQ[!K(A5Q3[K>GJJIALYQV[G:F!@6ZAXYEKG MH^4:8B4SV[N>,*#=J:=HS7$]GX#:'M_(_>$`7.2VG45=S M$+3;]LJX'*IDW\Q)H\#MD*5\;6>I`K9#OPA4O2D*7+J6^JW&%B0X_$*%4RIA M42D>H-A82@,S\3U1UCB8W,^"+/E"EE>L;(5#\O-`-#]K433&$2, MX#,<)W%&]2.C^BY8J@3QMVS4!@X7].:(EP"L@ECY`_40O)P"!)Y@,@9!!+^! M"1/*+EZH]`]CD&7\#;_<9FM*Y%E@OA\[H9CL6<)-6/`UZXFM5K%#D*Q&CSB0 MQBO(ZUAZ%R,$8!*SZ7$5QRF3?IEIA4ZJ^!/=E,E5EG8+/H,3)-A\[J(`Q;18 ME$[H,:PP@[OMT[8S%H_<$T*8'3/;I$Z719G5QG7R-2`35<^M=NW;>&?Z&%28FP?H&V0<6A-' MUR'XTY@ZX,O8JZH%W/?#Z0+=#B[E[COV=#$0'=\S]^="9#-_.IVDB8S>E_Z5EQM3`&ET.,@$=P7;FW1X@E'IHA:^VYQA"CC70QJ MDJQ$_[7J*;Y"^84KNSQ"A[\UQT`.J>CY.;WA&Z.''>A'4SK,%G3I+HFY1R!;GI$M`T MCY2CL69=>@!5#W_O3=4&2T[**F6\D_T>\!1I.=W/M-6K+;RIZ<+]+%]]'"8UJYW[6<6L M^?$;]*IU/X_9H$9)Y.SO:GZTSK:W3LRZ^TNZUK/@"\ZG'*R3D'YE:8!MY)G) M="JT%XE79;6,SQK3@W"18H>3^IN*RWOO4V>\3R_^2+/T<.N,J_%M,@/D818@ M[HW`M*^2;O>#PG;GC/2>O8/R2^T56FLM'KT_9&NB8]!VNO/8->[N\W$?/:+7 MU-$_GP!,4O8;FA3J3=&>;Y>6'@-I`2_[YV*+6]Y*B<7XJ6JNNG+?E70XJ-UM MEYU\FG3KIU_J9^!H;:FUU\K4.P+#CF,=:GL?^#K>XFT,F/LA>ZNH:N39PP)7 MIF2(A>M'_2'!L_-HLZ6F(B-VF29P$B&4HVDN\ MGK@_CUZ+_O1OAWW#KU/I<[/;(=]6YSUK:X?XBY$]T_ MCCNZ"36A9%"S.5>(L?2.A:.`Z3G+[:.7*`DMDH7U'4V4\C1UTM6P,!/YV'6Q M79HE8I`X2UU.]P*R!@56$,Y\IK-=J/QT6[X[E=W5UJ0*-T+]AFSZIG&]B[2\ M:!MMBZX'_OK,%ZX&,6XM&!]:ZR-"!^P_W(G?1ZO`T$5^7"8!2?RH&([3;1`4 M2N6S1^P7B(%K<[.XT!_S84!@RN2&0QH&R^Y8/NQTKVM&VT6Z6>BJ7T[=.N7Y M2-4^B6*?CUO&I^;"V`4ZJ)72H3FR51BJEXS-^[[XT%,;0Z$C?FG%H![N\=Y& MC]TL[Z#'N@L_DG;99?UY;=;5W_DQ'$Z7VTL3YSB-E)/.I#4 MD9>;2/(T5X5B>5G_4OVP7ZKWN2X[B1G<)!(N;6CTZ@Y"NK;/X3.Z MZ3A"Y7X'%?,JXZJ3)#_U'3HS&W_%],"!$94:]CT?MWH>/*)C&'^Y)(#9'P"5 MIY)]XZ\/@#BL,SC\`;?J]7E=?2?(OD0X#2Q/'C`^7W+,R M7_U"Y!_4M#XP?$G6/ZMI?6!$ES;_VN9>[2D*^HC]!4[:U.E7C!IW*0EG%"HF MZQ3/\UZA)TSF&17^W2@1E73^S3'*4#P+%C!9OVH\ID-(G@%[R>\R92Y`+*8A M0,+\1/KM6.8V)R^/U*CGJ5+:O^_EW_?R]B-O/W+2?I3];PS^2&$,D_7+H[DC MH=388;RO0:%V#N*0P&Q[,0U2N>E!8;)/W?H0\%B]^KXYD=+'SAW4Q%HS5%Q]>4@-Z,W@.SL3>C MJYC1A?N7\YEVO!%]&%@*$C@[NUZ]1X+](>B7?57EON9]$9H,20-KEOCHK7V"9?WZLFAH')RWN^U7ZNA5C_ODROO+>&UCH&@58;E@QN6 M6E>85CF278!SCV'W6LEUG7'1DT7>"RMY%S[O&N:R:YAW9^K$-N[#X7TX_#!F MHP^'[S:(J'L\?3C\4%WVAN+7XEU*7+F%>I<25TVR`ONVN\95;]^V/@3]4J3[ MB/L!#8R/N._IP/B(^U[8:7L5<=_3$=FCQ:1S4[A-B\F8[K\$LIF509"A%_N$ M!MX:TL8:DKM8\=?P#4;/=,Z!?*'&#S@)HO+OC+$;G/P.DC$(\10QW\3<6>L2 MD]4G5DZD]]TS$4[A7+245]I^D'W?D-?28P/]E9^(U,Y7+6.%2HCJJ:R4L4'E MF!WGDKV]^-T:=5($RR6L4%@]O>6T6N3MS9Y:Y/CX._(564<*V+-02!1E8O*6&R)R:ZKU>K0J%YMG`\^\#;9 M@8!9VL]\\+8W;ENW/E@(8-V^V'D[=I,QL*@Z]?;M7@V8P*;0RM3]#,@C'OPX M&3*M"G23!VQ6Y7T\"1/X3+GP;[W:LULVWKDN_DCIT%TA2GN:L;&]ZW^D323Q M%W?MJ)!FA^3WHV)&-#;;1U(SE=Z/^=@@,&4,^M'I[NK0SNJ>;V\7 MR`^1%4F[E3K7'TT]T#LY[^8QI,'3%OE=ST0YI,'34@.T2WJI?>K9-(;=@.0* MT0+@&L&%X@B;G,$J9-,`K8\,H=A$0!-%T0T.-N4M8W(8J@B)(LBF< MF;]9KE5&4GR2)`0^I@ES"GK`NY.[9/H5<&F@81MX;*W#=6K?U93+>;A-DS@) MT(0.HH!YW59ZQ.D.<=FJT^-3T(;-0Z%NC9:W>TUD6JE:!N'_H0.>B0W%==6( M@N7=#(P03+- M(;I]VID/_EE="HVL7M>E2BZ:V_'EUM<<7U M^!+5$T;+I=W?<$QOO:[O!-T<50;W`_GF?D!AK3T=GVL[@9G[5Q?YCNDF2#+[T.T"D*SCV(J:(`S9RY*]-P^<2H7 MNKL'2MXIG99?_)K3I]_X&/"Y-M[-<-:[>83];F$"Q_78^5U#G_X*_AE%R[H= M0%K%!@\;5YC2A"FYUN0D"IA1JVO%`6.^H+0Q*FX)G?0+'`?1[=,U1M-K*MU/ M3N(8K.FK&[%&35ER.L%S>KUY4>1+5-P.[<\48$R6JK0+BMM1S5-B4E!*7Z'& M1'V]_D11Y8YU](BALX8B3R<^RSLAWQV:M&2#XT\QW;\NX@3.Z3$INFMM%1J. MW*6XOSNO9=8";7M*N*Y8UD-'+O:X_D:-'E8*AX/KN2[U`!-+`OM+6#0(G!I) MN*Z'F.C.-9'$['HTAQY.C63"5F$5@U7/W("O)6P)K9-2=/)8�YFS%_W/@* MET$()F>8#EJ8*>B5E3,*35@QK)@8&X$IQD33_=@0 MU,>_8LXQ@NUAJG1W9<2F6\$WS.;^]V_?KV8^_<"10$63N:ZTC36[Z;UF\]DM M9W,U":EF2Z9V4`YS%6P$_YZ8-#GTU,Q!60VK2E5U`Z6TBLT5I3`:W%NDMQQN M%A@]E1>`)$LFI2?L>/\CA0OV"^\JV7X1\LZBUB3L'EBMF_2GFK%3K?WP'N;* MW.@A>G/T[=!3>_2):UBUA>H)>57;R.3W0E=D6^ MNAI>HC,FT=4.SF&NBHW%(\,G,WN87!+2YG?7@[2X7PS&%H-\6/Q*V,8DB[2R MXEA<]W1?1NPJ6=SZX9^,VEK)IGW#?7GHO9Q1KTPV&ZDV!C(-NLI?WY%O;IW-@\)Y@=&RD)9Q1'=GR8E*,4.MF5IA0J M^:W)F$RE,D2'*5G5(],O^:J2H5=$>V?"19L>_7+>ZP'9:G(GY"T@E]2!EV%Y$/C5\0N*OTZ&:OI\BMT?T(PB2OO#QM10^CVXI?K7N_: MVI/@,-?X3N8FFX;;(2\D'/NU5`'$WE$YY!55[/#29PTT M#W.=MH:R$ALB=9BKE+WM`)--U`S.(F4`8O%Y/7$-5**P9B7KM6$GL8_6.+1@ MLQ\+NM&H5E,"Z`%F>7G_=,0X8"^5T7_\/U!+`P04````"``C@J5&;7,Z$C,, M``"L?```$``<`&AZ;RTR,#$U,#,S,2YXPV27<1)LPB0-H&=[G;O MRX*1:)NH3'HI*HG[ZV^&DBQ9+[0D.QL7$%"DLC@SG)EG^$Z/3WY]FGOD@2F? M2W':&?0..H0)1[I<3$\[G\?=L_'YU57GUU]^_.'D7]TN&8W(A12">1Y;DB\. M\YBBFI$[^B2%G"_)V)FQ.?V)W%.?N40*\F4XNB:'O0$A,ZT7Q_W^X^-C3RDW M%M)SY+Q/NMVX@M]#58[)N][A8>]-JF0D`^'"^]2K<\6H!FKB@A+'Y/!@\+9[ M`/_>W!T>';\].CY\][\TM5PL%9_.-'GEO`9BH`2.(S+JC7HIJ_Y-QE+X0#U? M4+$D9YY'1LCEDQ'SF7I@;B\2ZAMC"7A0^*>=E'V/1SVIIGVH8M#_\O$Z=$KG MQQ](2'O\=*\\OL:!;V*>HSX7OJ;"82D6CXNO%@XL1I^G*\FQ1&H-WK]_WS>E M*>K`[TXI7:SH)]2_-]11`50S>-,]&'2/!NM<>KE@?B&;*2GFFWV3:YK-J>(" M?/1DP@%Q/#A:8Q``3S`O=H"K51_KZ@-1%ZB8XDZ:=3-?C@=I7+UB2_OZ;3\L M3%$[$)E:+=?)?>;TIO*A'Q6B44!B(J./\`);Y;&2'KN#P"3X\'ET95%31QUO'TG[%]() M4%$JW`]"<[V\`N%J;JKL$.Z>=JP4*S5B15PVX8(;A0<'`](E,7OZ$4214!9) M"3OI9R5DA0N M8!J#OB:@;B97,-;.68C-",K^RI?943D"*%8\!`4AAJ]8QI#MZIC:GAW@#LVR;`DE=KBKUN@:X$]'@&7IM)SX75 MQ(>_`QB;SH1[`UY4.*V'(G`\?V"VWK>>"#OT[VIVTMA'C[5TOD;U_X>$&K3H M5T+_G/JS2T\^^E?"Y8HYNACA/)D=Q9^;#+58"3&UM."5@_=):N;?R54/F_CP M$]6!8C>39,J2`K,6FQW<_^*4EON.)WU@-.B&Z_\A=;Y.%>X]M``V`?!&3:G@ MWXPY23N!#]"=WJ9,38VO"7."R!U[TD,/NL1*\.^\4GOPO,\&SY#ZW#3_=&5M M_#3J`-CCF6,V4;B8WBK@"6!Z9(H`S/,9%5,&/7B:AH.(A0?R:L7,3BJRQLG@ M(!LG4"=)!)+U6MMX:1(O(_;`1,!&S)'34+EZ86#CMZ,[R*(;B2(I62VF33"] M$N!(+=6RZ7A@%6!']3"+:BR+L[:%-D(3>CF8E>GE+2QT-72MN+998,D5S+BX M,I-S!2Y?2)]Z31'?NA)[5!SEHF(E%H?]:RFFW6M8'KKDS/?;#9K&[1X7UW?T MJ7F[MPBP(_PFW^Y1%AYUM@V_&9SCF53ZCN$9R;VN!V0)JQW"MUD(C90NBB%# MJ91\A$E7BV4S+'%[:HBG_+A09L*G]:=:FV38T7V70Q?%=8T\DA;8`MRP[X7_ M8`@S;L5AM.9ZRBK`#NW/66CO9HRLY(5`$R.QQ;8)MA_F"T\N681,H)P9-!KT M9SV$*XBQXYS;=(LEQA!',@W6+=3-EL.^5MS1S#4N/7NDRJW9D#>(L$.U]B)W/[>_HO5>35Z'`%O!G MFO#7@+VR,#OXN0TVV^2_Q?\95P$UL*\DR(Y[;E>N9$700OX\2X,Z+7V###O0 MN0TZRS*A!;O*]?Z5,Z/+2S-)3WTKX5R9SXYT;G>N>#+>@KT3L%/7"BJ!O)'>#FYN M7RXEKX5T1Y`F5PTF>"/`7`@([P-4@[@NOQ7RH]RVW88["VT8["8,5F?7R9ES M)?@K\]EAS^W5%9Z"MV#O".S",^UJ>-=@M4.>VT8K.QIO4=_5X)W;":LXB%?D ML^-=8Q^M!?RY`"]X=;,P+=B!MUPO*X"_688]$')[:K9`*'X?UD?B"MNXJ!47 MX.\"#/]@F$`$YFX/3-$I@^E5,#=N]LVWO+/DV4#9C5![Y.1VY6R1$U=-HKI) MJG*<2I9LX;>15".22G?9*PTL-;GML9';R+/NU+#_*BEV7SUOH" M[`%0]8I@:4D[66T6"9^8#H_C\#`N/N/#37[G3+@7W`O`SX4TV8AH+L@:&6_J M7#2,SB<<<_TLJM-^XMC&RK:Q4FF@J,%ICX;<1J8]&MK!`O]@4L@1FQ"3[_$8 MTQV>=GP.$RAHQ.$[JASDMV>*["_"[U-RYO=CL;&`'/=Z:DH32!G_15K%$F:* M34#"-]F-T^[]!0R]I[D74VBNL9+S1`Q!.?Y/A'I>I[^_AJ^CN-ENH"^P^V(E MY3LQVZ/WS*MF,9`66'R-`KX38[-M?+/-P%%@\]JQ>H'I)_UTODCXM)Y/\@0L METH349C>LB3#+`F3V%Y+QPBRL."G;LS7Q5?=P6'W:-![\MU(Q3H:)(ZNIT', M5U<#:V;:,AU,_86I15=\=A?EK*WDES?DI9$2WO$>W#-YMHTDS M+9JI4)A=MVI4Q`Q8Z=O:@9#-;+Q%'.";NF&P*5&P59TBOOA#-Q'20)&"M,/5 M-$DSKCYMY91,+N-*:L0\^+!5Y=FLR)5J7S&9IZWJS^=7KJ1!BBUZWBH<K/68R3R7U1VFEC0*GG3/W`4=6 M_T:LLM63=P&-#-N4"+^7"4H?+*/LLS"W^:L@>3II,0OIC-PAS MY5UI-L?E1(?0>U\KZNC3SH1Z9E)D"!>&^TXY6`8[K`7!S M'6#I;TH&B[@>#O(W^>`3>US9<:GD_$9QT!R7BP^2.^R":E;N@1K,^VK_9UCH MK=FP]L)N?G7>/;/^&Y\'^D_JS+3_D4%RH?ZO/, MN@\EU4,EOYH#BR3K),S*ULS80);&@PO-IDR]'!Q#%0C_D3M?A]+74OPQHQY3 M:$`.G,V4>P55K.VY5#``&,&E%A70[*4M8T9'=(D^+S4E3[)/EIQ+Z)\H?E%9 M,9?K2^IPC^OE-0O/`$=84V)4->K(/C`.U,8K";4:4[C6U;NQSDR&==:*M;?; M:;M3,.(?=S@K^)F(LTB7Q(QJU.F^#4]QQ/3%8JUJ_A,TK@KM6CO2\?N7@^\R M\+PQ4P\PUS$CYHCA1>_R4:DJ_5X-3P5WG+)=GX5DG[J^S:F62HS9XQ#,:WOW M*.]F,O#QIV<\S(RZ&:U2EOU&+Z7VN+:AX_VUTV4+ABGOH7]PHE]>HQ[.)RX8 M3OC\*Y'M6.KP[%GG$B^?PF_%BFERG'CV`(MJE)]\>R)M<4W&M-ES*9BF:MG0 M[K#L/OP!D=..8Z9&.W'';E*VHG^VE[1O/5WEQO!]M8`JB<-"J^QT^P?7AOS@ MH5$6HGVS*+YMD_G>D%*8L1[IALN$Y)8NS50=8?I(G_@\F(?A=S/!'$Y2&!1_ MIUZ`FT3QY#?QS#]2V7?1)S;V1.P"4^JO!H4=^+A4\MK:RQ2^V$IXU\9=2O4; M\.*/,TX8QU]]P?QF'YX6/%J\7(GL3ND+JK`E$/O1;VQPPS_G\#WU:Y74R,8M MFPCW;J1!A5>K%YS"89X_U""@'GZA..KD,R96XMBOHXB\WDESMEF7IDI;-/V3 M4?413)^]L$WI':SLNK24X`67H2?]\+@5'O\/4$L!`AX#%`````@`(X*E1K5U MP^B7A@``*YL$`!``&````````0```*2!`````&AZ;RTR,#$U,#,S,2YX;6Q5 M5`4``T$E255U>`L``00E#@``!#D!``!02P$"'@,4````"``C@J5&O5L-R_,+ M``!MH@``%``8```````!````I('AA@``:'IO+3(P,34P,S,Q7V-A;"YX;6Q5 M5`4``T$E255U>`L``00E#@``!#D!``!02P$"'@,4````"``C@J5&1G-4,J(7 M``!WJ0$`%``8```````!````I($BDP``:'IO+3(P,34P,S,Q7V1E9BYX;6Q5 M5`4``T$E255U>`L``00E#@``!#D!``!02P$"'@,4````"``C@J5&`L``00E#@``!#D!``!02P$"'@,4````"``C@J5&%2V.7BTG M``!&%@,`%``8```````!````I(%P]@``:'IO+3(P,34P,S,Q7W!R92YX;6Q5 M5`4``T$E255U>`L``00E#@``!#D!``!02P$"'@,4````"``C@J5&;7,Z$C,, M``"L?```$``8```````!````I('K'0$`:'IO+3(P,34P,S,Q+GAS9%54!0`# I025)575X"P`!!"4.```$.0$``%!+!08`````!@`&`!0"``!H*@$````` ` end XML 30 R35.htm IDEA: XBRL DOCUMENT v2.4.1.9
Employee Stock Purchase Plan - Additional Information (Detail) (USD $)
6 Months Ended 1 Months Ended
Mar. 31, 2015
Feb. 29, 2012
Sep. 30, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Stock Purchase Plan, requisite continuous service 1 year    
Annual offerings description Implementation of up to 10 annual offerings beginning on the first day of October starting in 2008, with each offering terminating on September 30 of the following year    
Closing price of common stock on the first and last day of the offering 85.00%us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardPurchasePriceOfCommonStockPercent    
Percentage not exceeding to periodic payment of purchase price 10.00%us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardMaximumEmployeeSubscriptionRate    
Maximum common stock value purchased by participant annually $ 25,000hzo_ShareBasedCompensationArrangementByShareBasedPaymentAwardMaximumNumberOfCommonStockValuePerEmployee    
Common stock, shares issued 25,467,750us-gaap_CommonStockSharesIssued   25,002,807us-gaap_CommonStockSharesIssued
Stock Options [Member]      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Common stock, shares issued 647,115us-gaap_CommonStockSharesIssued
/ us-gaap_AwardTypeAxis
= us-gaap_EmployeeStockOptionMember
   
Stock Purchase Plan [Member]      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Additional Common Shares Authorized 1,000,000us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfAdditionalSharesAuthorized
/ us-gaap_PlanNameAxis
= hzo_StockPurchasePlanMember
500,000us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfAdditionalSharesAuthorized
/ us-gaap_PlanNameAxis
= hzo_StockPurchasePlanMember
 
Common stock available under Employee Stock Purchase Plan 52,837us-gaap_CommonStockCapitalSharesReservedForFutureIssuance
/ us-gaap_PlanNameAxis
= hzo_StockPurchasePlanMember
   
XML 31 R22.htm IDEA: XBRL DOCUMENT v2.4.1.9
The Incentive Stock Plans (Tables)
6 Months Ended
Mar. 31, 2015
Text Block [Abstract]  
Incentive Stock Plans Option Activity

The following table summarizes option activity from September 30, 2014 through March 31, 2015:

 

     Shares
Available
for Grant
    Options
Outstanding
    Aggregate
Intrinsic
Value (in
thousands)
     Weighted
Average
Exercise
Price
     Weighted
Average
Remaining
Contractual
Life
 

Balance as of September 30, 2014

     1,350,709        2,226,319      $ 15,980       $ 11.70         6.6   

Options authorized

     —          —             —        

Options granted

     (290,000     290,000         $ 15.91      

Options cancelled/forfeited/expired

     67,780        (67,780      $ 25.46      

Restricted stock awards issued

     (111,000     —             —        

Options exercised

     —          (409,755      $ 6.64      
  

 

 

   

 

 

         

Balance as of March 31, 2015

  1,017,489      2,038,784    $ 29,381    $ 12.85      6.8   
  

 

 

   

 

 

   

 

 

       

Exercisable as of March 31, 2015

  1,165,418    $ 18,837    $ 11.30      5.4   
    

 

 

   

 

 

       
Weighted Average Assumptions of Incentive Stock Plans

The following are the weighted average assumptions used for each respective period:

 

     Three Months Ended
March 31,
     Six Months Ended
March 31,
 
     2014     2015      2014     2015  

Dividend yield

     0.0     —           0.0     0.0

Risk-free interest rate

     0.7     —           0.7     0.8

Volatility

     55.7     —           55.7     47.4

Expected life

     3.2 years        —           3.2 years        3.0 years   
XML 32 R36.htm IDEA: XBRL DOCUMENT v2.4.1.9
Employee Stock Purchase Plan - Weighted Average Assumptions of Employee Stock Purchase Plan (Detail) (Stock Options [Member])
3 Months Ended 6 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Mar. 31, 2015
Mar. 31, 2014
Stock Options [Member]
       
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]        
Dividend yield 0.00%us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
/ us-gaap_AwardTypeAxis
= us-gaap_EmployeeStockOptionMember
0.00%us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
/ us-gaap_AwardTypeAxis
= us-gaap_EmployeeStockOptionMember
0.00%us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
/ us-gaap_AwardTypeAxis
= us-gaap_EmployeeStockOptionMember
0.00%us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
/ us-gaap_AwardTypeAxis
= us-gaap_EmployeeStockOptionMember
Risk-free interest rate 0.10%us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
/ us-gaap_AwardTypeAxis
= us-gaap_EmployeeStockOptionMember
0.10%us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
/ us-gaap_AwardTypeAxis
= us-gaap_EmployeeStockOptionMember
0.10%us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
/ us-gaap_AwardTypeAxis
= us-gaap_EmployeeStockOptionMember
0.10%us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
/ us-gaap_AwardTypeAxis
= us-gaap_EmployeeStockOptionMember
Volatility 30.00%us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
/ us-gaap_AwardTypeAxis
= us-gaap_EmployeeStockOptionMember
41.30%us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
/ us-gaap_AwardTypeAxis
= us-gaap_EmployeeStockOptionMember
30.00%us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
/ us-gaap_AwardTypeAxis
= us-gaap_EmployeeStockOptionMember
41.30%us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
/ us-gaap_AwardTypeAxis
= us-gaap_EmployeeStockOptionMember
Expected life 6 months 6 months 6 months 6 months
XML 33 R24.htm IDEA: XBRL DOCUMENT v2.4.1.9
Restricted Stock Awards (Tables)
6 Months Ended
Mar. 31, 2015
Text Block [Abstract]  
Restricted Stock Award Activity

The following table summarizes restricted stock award activity from September 30, 2014 through March 31, 2015:

 

     Shares      Weighted
Average Grant
Date Fair Value
 

Non-vested balance as of September 30, 2014

     3,340       $ 6.10   

Changes during the period

     

Awards granted

     111,000       $ 19.23   

Awards vested

     (3,340    $ 6.10   
  

 

 

    

Non-vested balance as of March 31, 2015

  111,000    $ 19.23   
  

 

 

    
XML 34 Show.js IDEA: XBRL DOCUMENT /** * Rivet Software Inc. * * @copyright Copyright (c) 2006-2011 Rivet Software, Inc. All rights reserved. * Version 2.4.0.3 * */ var Show = {}; Show.LastAR = null, Show.hideAR = function(){ Show.LastAR.style.display = 'none'; }; Show.showAR = function ( link, id, win ){ if( Show.LastAR ){ Show.hideAR(); } var ref = link; do { ref = ref.nextSibling; } while (ref && ref.nodeName != 'TABLE'); if (!ref || ref.nodeName != 'TABLE') { var tmp = win ? win.document.getElementById(id) : document.getElementById(id); if( tmp ){ ref = tmp.cloneNode(true); ref.id = ''; link.parentNode.appendChild(ref); } } if( ref ){ ref.style.display = 'block'; Show.LastAR = ref; } }; Show.toggleNext = function( link ){ var ref = link; do{ ref = ref.nextSibling; }while( ref.nodeName != 'DIV' ); if( ref.style && ref.style.display && ref.style.display == 'none' ){ ref.style.display = 'block'; if( link.textContent ){ link.textContent = link.textContent.replace( '+', '-' ); }else{ link.innerText = link.innerText.replace( '+', '-' ); } }else{ ref.style.display = 'none'; if( link.textContent ){ link.textContent = link.textContent.replace( '-', '+' ); }else{ link.innerText = link.innerText.replace( '-', '+' ); } } }; XML 35 R7.htm IDEA: XBRL DOCUMENT v2.4.1.9
Company Background
6 Months Ended
Mar. 31, 2015
Accounting Policies [Abstract]  
Company Background
1. COMPANY BACKGROUND:

We are the largest recreational boat retailer in the United States. We engage primarily in the retail sale, brokerage, and service of new and used boats, motors, trailers, marine parts and accessories and offer slip and storage accommodations in certain locations. In addition, we arrange related boat financing, insurance, and extended service contracts. We recently implemented programs to increase sales of boats, boating parts, and accessories, as well as the offer of finance and insurance, or F&I, products at various offsite locations; and the charter of power and sailing yachts in the British Virgin Islands. None of these recently implemented programs have had a material effect on our condensed consolidated financial statements. As of March 31, 2015, we operated through 53 retail locations in 16 states, consisting of Alabama, California, Connecticut, Florida, Georgia, Maryland, Minnesota, Missouri, New Jersey, New York, North Carolina, Ohio, Oklahoma, Rhode Island, Tennessee, and Texas. Our MarineMax Vacations operations maintain a facility in Tortola, British Virgin Islands.

We are the nation’s largest retailer of Sea Ray, Boston Whaler, and Meridian recreational boats and yachts, all of which are manufactured by Brunswick Corporation (“Brunswick”). Sales of new Brunswick boats accounted for approximately 40% of our revenue in fiscal 2014. Sales of new Sea Ray and Boston Whaler boats, both divisions of Brunswick, accounted for approximately 26% and 10%, respectively, of our revenue in fiscal 2014. Brunswick is the world’s largest manufacturer of marine products and marine engines. We believe we represented approximately 43% of Brunswick’s Sea Ray boat sales, during our fiscal 2014.

We have dealership agreements with Sea Ray, Boston Whaler, Meridian, and Mercury Marine, all subsidiaries or divisions of Brunswick. We also have dealer agreements with Italy-based Azimut-Benetti Group’s product line for Azimut Yachts. These agreements allow us to purchase, stock, sell, and service these manufacturers’ boats and products. These agreements also allow us to use these manufacturers’ names, trade symbols, and intellectual properties in our operations.

We have multi-year dealer agreements with Brunswick covering Sea Ray products that appoints us as the exclusive dealer of Sea Ray boats in our geographic markets. We are the exclusive dealer for Boston Whaler through multi-year dealer agreements for many of our geographic markets. In addition, we are the exclusive dealer for Azimut Yachts for the entire United States through a multi-year dealer agreement. Sales of new Azimut boats accounted for approximately 14% of our revenue in fiscal 2014. We believe non-Brunswick brands offer a migration for our existing customer base or fill a void in our product offerings, and accordingly, do not compete with the business generated from our other prominent brands.

As is typical in the industry, we deal with manufacturers, other than Sea Ray, Boston Whaler, Meridian, and Azimut Yachts, under renewable annual dealer agreements, each of which gives us the right to sell various makes and models of boats within a given geographic region. Any change or termination of these agreements, or the agreements discussed above, for any reason, or changes in competitive, regulatory, or marketing practices, including rebate or incentive programs, could adversely affect our results of operations. Although there are a limited number of manufacturers of the type of boats and products that we sell, we believe that adequate alternative sources would be available to replace any manufacturer other than Sea Ray and Azimut as a product source. These alternative sources may not be available at the time of any interruption, and alternative products may not be available at comparable terms, which could affect operating results adversely.

General economic conditions and consumer spending patterns can negatively impact our operating results. Unfavorable local, regional, national, or global economic developments or uncertainties regarding future economic prospects could reduce consumer spending in the markets we serve and adversely affect our business. Economic conditions in areas in which we operate dealerships, particularly Florida in which we generated approximately 49%, 51%, and 52% of our revenue during fiscal 2012, 2013, and 2014, respectively, can have a major impact on our operations. Local influences, such as corporate downsizing, military base closings, inclement weather such as Hurricane Sandy, environmental conditions, and specific events, such as the BP oil spill in the Gulf of Mexico, also could adversely affect, and in certain instances have adversely affected, our operations in certain markets.

 

In an economic downturn, consumer discretionary spending levels generally decline, at times resulting in disproportionately large reductions in the sale of luxury goods. Consumer spending on luxury goods also may decline as a result of lower consumer confidence levels, even if prevailing economic conditions are favorable. As a result, an economic downturn could impact us more than certain of our competitors due to our strategic focus on a higher end of our market. Although we have expanded our operations during periods of stagnant or modestly declining industry trends, the cyclical nature of the recreational boating industry or the lack of industry growth may adversely affect our business, financial condition, and results of operations. Any period of adverse economic conditions or low consumer confidence has a negative effect on our business.

Lower consumer spending resulting from a downturn in the housing market and other economic factors adversely affected our business in fiscal 2007, and continued weakness in consumer spending and depressed economic conditions had a substantial negative effect on our business in each subsequent fiscal year. These conditions have caused us to substantially reduce our acquisition program, delay new store openings, reduce our inventory purchases, engage in inventory reduction efforts, close a number of our retail locations, reduce our headcount, and amend and replace our credit facility. Acquisitions and new store openings remain important strategies to our company, and we plan to accelerate our growth through these strategies when more normal economic conditions return. However, we cannot predict the length or severity of these unfavorable economic or financial conditions or the extent to which they will continue to adversely affect our operating results nor can we predict the effectiveness of the measures we have taken to address this environment or whether additional measures will be necessary.

XML 36 R3.htm IDEA: XBRL DOCUMENT v2.4.1.9
Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2015
Sep. 30, 2014
CURRENT ASSETS:    
Cash and cash equivalents $ 42,695us-gaap_CashAndCashEquivalentsAtCarryingValue $ 27,839us-gaap_CashAndCashEquivalentsAtCarryingValue
Accounts receivable, net 23,046us-gaap_AccountsReceivableNetCurrent 12,547us-gaap_AccountsReceivableNetCurrent
Inventories, net 277,030us-gaap_InventoryNet 244,151us-gaap_InventoryNet
Prepaid expenses and other current assets 3,876us-gaap_PrepaidExpenseAndOtherAssetsCurrent 4,415us-gaap_PrepaidExpenseAndOtherAssetsCurrent
Total current assets 346,647us-gaap_AssetsCurrent 288,952us-gaap_AssetsCurrent
Property and equipment, net 108,100us-gaap_PropertyPlantAndEquipmentNet 101,878us-gaap_PropertyPlantAndEquipmentNet
Other long-term assets, net 5,257us-gaap_OtherAssetsNoncurrent 11,851us-gaap_OtherAssetsNoncurrent
Total assets 460,004us-gaap_Assets 402,681us-gaap_Assets
CURRENT LIABILITIES:    
Accounts payable 11,928us-gaap_AccountsPayableCurrent 7,823us-gaap_AccountsPayableCurrent
Customer deposits 17,157us-gaap_CustomerDepositsCurrent 10,979us-gaap_CustomerDepositsCurrent
Accrued expenses 20,741us-gaap_AccruedLiabilitiesCurrent 19,600us-gaap_AccruedLiabilitiesCurrent
Short-term borrowings 165,287us-gaap_ShortTermBorrowings 124,424us-gaap_ShortTermBorrowings
Total current liabilities 215,113us-gaap_LiabilitiesCurrent 162,826us-gaap_LiabilitiesCurrent
Long-term liabilities 345us-gaap_LiabilitiesNoncurrent 560us-gaap_LiabilitiesNoncurrent
Total liabilities 215,458us-gaap_Liabilities 163,386us-gaap_Liabilities
STOCKHOLDERS' EQUITY:    
Preferred stock, $.001 par value, 1,000,000 shares authorized, none issued or outstanding as of September 30, 2014 and March 31, 2015      
Common stock, $.001 par value, 40,000,000 shares authorized, 25,002,807 and 25,467,750 shares issued and 24,211,907 and 24,676,850 shares outstanding as of September 30, 2014 and March 31, 2015, respectively 25us-gaap_CommonStockValue 25us-gaap_CommonStockValue
Additional paid-in capital 232,586us-gaap_AdditionalPaidInCapitalCommonStock 227,939us-gaap_AdditionalPaidInCapitalCommonStock
Retained earnings 27,745us-gaap_RetainedEarningsAccumulatedDeficit 27,141us-gaap_RetainedEarningsAccumulatedDeficit
Treasury stock, at cost, 790,900 shares held as of September 30, 2014 and March 31, 2015 (15,810)us-gaap_TreasuryStockValue (15,810)us-gaap_TreasuryStockValue
Total stockholders' equity 244,546us-gaap_StockholdersEquity 239,295us-gaap_StockholdersEquity
Total liabilities and stockholders' equity $ 460,004us-gaap_LiabilitiesAndStockholdersEquity $ 402,681us-gaap_LiabilitiesAndStockholdersEquity
XML 37 R17.htm IDEA: XBRL DOCUMENT v2.4.1.9
Employee Stock Purchase Plan
6 Months Ended
Mar. 31, 2015
Text Block [Abstract]  
Employee Stock Purchase Plan
11. EMPLOYEE STOCK PURCHASE PLAN:

During February 2012, our stockholders approved a proposal to amend our 2008 Employee Stock Purchase Plan (“Stock Purchase Plan”) to increase the number of shares available under that plan by 500,000 shares. The Stock Purchase Plan as amended provides for up to 1,000,000 shares of common stock to be available for purchase by our regular employees who have completed at least one year of continuous service. In addition, there were 52,837 shares of common stock available under our 1998 Employee Stock Purchase Plan, which have been made available for issuance under our Stock Purchase Plan. The Stock Purchase Plan provides for implementation of up to 10 annual offerings beginning on the first day of October starting in 2008, with each offering terminating on September 30 of the following year. Each annual offering may be divided into two six-month offerings. For each offering, the purchase price per share will be the lower of: (i) 85% of the closing price of the common stock on the first day of the offering or (ii) 85% of the closing price of the common stock on the last day of the offering. The purchase price is paid through periodic payroll deductions not to exceed 10% of the participant’s earnings during each offering period. However, no participant may purchase more than $25,000 worth of common stock annually.

We used the Black-Scholes model to estimate the fair value of options granted to purchase shares issued pursuant to the Stock Purchase Plan. The expected term of options granted is derived from the output of the option pricing model and represents the period of time that options granted are expected to be outstanding. Volatility is based on the historical volatility of our common stock. The risk-free rate for periods within the contractual term of the options is based on the U.S. Treasury yield curve in effect at the time of grant.

The following are the weighted average assumptions used for each respective period:

 

     Three Months Ended
March 31,
    Six Months Ended
March 31,
 
     2014     2015     2014     2015  

Dividend yield

     0.0     0.0     0.0     0.0

Risk-free interest rate

     0.1     0.1     0.1     0.1

Volatility

     41.3     30.0     41.3     30.0

Expected life

     six months       six months        six months        six months   

As of March 31, 2015, we had issued 647,115 shares of common stock under our Stock Purchase Plan.

 


XML 38 R1.htm IDEA: XBRL DOCUMENT v2.4.1.9
Document and Entity Information
6 Months Ended
Mar. 31, 2015
Apr. 30, 2015
Document And Entity Information [Abstract]    
Document Type 10-Q  
Amendment Flag false  
Document Period End Date Mar. 31, 2015  
Document Fiscal Year Focus 2015  
Document Fiscal Period Focus Q2  
Trading Symbol HZO  
Entity Registrant Name MARINEMAX INC  
Entity Central Index Key 0001057060  
Current Fiscal Year End Date --09-30  
Entity Filer Category Accelerated Filer  
Entity Common Stock, Shares Outstanding   25,493,958dei_EntityCommonStockSharesOutstanding
XML 39 R18.htm IDEA: XBRL DOCUMENT v2.4.1.9
Restricted Stock Awards
6 Months Ended
Mar. 31, 2015
Text Block [Abstract]  
Restricted Stock Awards
12. RESTRICTED STOCK AWARDS:

We have granted non-vested (restricted) stock awards (“restricted stock”) and restricted stock units (“RSUs”) to certain key employees pursuant to the 2011 Plan and the 2007 Plan. The restricted stock awards have varying vesting periods, but generally become fully vested between two and four years after the grant date, depending on the specific award. We accounted for the restricted stock awards granted using the measurement and recognition provisions of ASC 718. Accordingly, the fair value of the restricted stock awards is measured on the grant date and recognized in earnings over the requisite service period for each separately vesting portion of the award.

The following table summarizes restricted stock award activity from September 30, 2014 through March 31, 2015:

 

     Shares      Weighted
Average Grant
Date Fair Value
 

Non-vested balance as of September 30, 2014

     3,340       $ 6.10   

Changes during the period

     

Awards granted

     111,000       $ 19.23   

Awards vested

     (3,340    $ 6.10   
  

 

 

    

Non-vested balance as of March 31, 2015

  111,000    $ 19.23   
  

 

 

    

 

As of March 31, 2015, we had approximately $2.1 million of total unrecognized compensation cost related to non-vested restricted stock awards assuming applicable performance conditions are met. We expect to recognize that cost over a weighted average period of 2.6 years.

 


XML 40 R4.htm IDEA: XBRL DOCUMENT v2.4.1.9
Condensed Consolidated Balance Sheets (Parenthetical) (USD $)
Mar. 31, 2015
Sep. 30, 2014
Statement of Financial Position [Abstract]    
Preferred stock, par value $ 0.001us-gaap_PreferredStockParOrStatedValuePerShare $ 0.001us-gaap_PreferredStockParOrStatedValuePerShare
Preferred stock, shares authorized 1,000,000us-gaap_PreferredStockSharesAuthorized 1,000,000us-gaap_PreferredStockSharesAuthorized
Preferred stock, shares issued 0us-gaap_PreferredStockSharesIssued 0us-gaap_PreferredStockSharesIssued
Preferred stock, shares outstanding 0us-gaap_PreferredStockSharesOutstanding 0us-gaap_PreferredStockSharesOutstanding
Common stock, par value $ 0.001us-gaap_CommonStockParOrStatedValuePerShare $ 0.001us-gaap_CommonStockParOrStatedValuePerShare
Common stock, shares authorized 40,000,000us-gaap_CommonStockSharesAuthorized 40,000,000us-gaap_CommonStockSharesAuthorized
Common stock, shares issued 25,467,750us-gaap_CommonStockSharesIssued 25,002,807us-gaap_CommonStockSharesIssued
Common stock, shares outstanding 24,676,850us-gaap_CommonStockSharesOutstanding 24,211,907us-gaap_CommonStockSharesOutstanding
Treasury stock, at cost 790,900us-gaap_TreasuryStockShares 790,900us-gaap_TreasuryStockShares
XML 41 R12.htm IDEA: XBRL DOCUMENT v2.4.1.9
Impairment of Long-Lived Assets
6 Months Ended
Mar. 31, 2015
Text Block [Abstract]  
Impairment of Long-Lived Assets
6. IMPAIRMENT OF LONG-LIVED ASSETS:

FASB Accounting Standards Codification 360-10-40, “Property, Plant, and Equipment - Impairment or Disposal of Long-Lived Assets” (“ASC 360-10-40”), requires that long-lived assets, such as property and equipment and purchased intangibles subject to amortization, be reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Recoverability of the asset is measured by comparison of its carrying amount to undiscounted future net cash flows the asset is expected to generate. If such assets are considered to be impaired, the impairment to be recognized is measured as the amount by which the carrying amount of the asset exceeds its fair market value. Estimates of expected future cash flows represent our best estimate based on currently available information and reasonable and supportable assumptions. Any impairment recognized in accordance with ASC 360-10-40 is permanent and may not be restored. Based upon our most recent analysis, we believe no impairment of long-lived assets existed as of March 31, 2015.

 

XML 42 R11.htm IDEA: XBRL DOCUMENT v2.4.1.9
Inventories
6 Months Ended
Mar. 31, 2015
Inventory Disclosure [Abstract]  
Inventories
5. INVENTORIES:

Inventory costs consist of the amount paid to acquire inventory, net of vendor consideration and purchase discounts, the cost of equipment added, reconditioning costs, and transportation costs relating to acquiring inventory for sale. We state new and used boat, motor, and trailer inventories at the lower of cost, determined on a specific-identification basis, or market. We state parts and accessories at the lower of cost, determined on an average cost basis, or market. We utilize our historical experience, the aging of the inventories, and our consideration of current market trends as the basis for determining a lower of cost or market valuation allowance. As of September 30, 2014 and March 31, 2015, our lower of cost or market valuation allowance for new and used boat, motor, and trailer inventories was $2.2 million and $2.5 million, respectively. If events occur and market conditions change, causing the fair value to fall below carrying value, the lower of cost or market valuation allowance could increase.


XML 43 R23.htm IDEA: XBRL DOCUMENT v2.4.1.9
Employee Stock Purchase Plan (Tables)
6 Months Ended
Mar. 31, 2015
Text Block [Abstract]  
Weighted Average Assumptions of Employee Stock Purchase Plan

The following are the weighted average assumptions used for each respective period:

 

     Three Months Ended
March 31,
    Six Months Ended
March 31,
 
     2014     2015     2014     2015  

Dividend yield

     0.0     0.0     0.0     0.0

Risk-free interest rate

     0.1     0.1     0.1     0.1

Volatility

     41.3     30.0     41.3     30.0

Expected life

     six months        six months        six months        six months   
XML 44 R19.htm IDEA: XBRL DOCUMENT v2.4.1.9
Net Income (Loss) Per Share
6 Months Ended
Mar. 31, 2015
Earnings Per Share [Abstract]  
Net Income (Loss) Per Share
13. NET INCOME (LOSS) PER SHARE:

The following is a reconciliation of the shares used in the denominator for calculating basic and diluted net income (loss) per share:

 

     Three Months Ended
March 31,
     Six Months Ended
March 31,
 
     2014      2015      2014      2015  

Weighted average common shares outstanding used in calculating basic income (loss) per share

     23,845,302         24,544,272         23,779,913         24,409,969   

Effect of dilutive options and non-vested restricted stock awards

     —           721,585         —           695,293   
  

 

 

    

 

 

    

 

 

    

 

 

 

Weighted average common and common equivalent shares used in calculating diluted income (loss) per share

  23,845,302      25,265,857      23,779,913      25,105,262   
  

 

 

    

 

 

    

 

 

    

 

 

 

For the three months ended March 31, 2015, there were 1,361,973 weighted average shares of options outstanding, respectively, that were not included in the computation of diluted income per share because the options’ exercise prices were greater than the average market price of our common stock, and therefore, their effect would be anti-dilutive. For the six months ended March 31, 2015, there were 1,472,001 weighted average shares of options outstanding, respectively, that were not included in the computation of diluted income per share because the options’ exercise prices were greater than the average market price of our common stock, and therefore, their effect would be anti-dilutive. For the three months ended March 31, 2014 and the six months ended March 31, 2014 no options or non-vested restricted stock awards were included in the computation of diluted loss per share because we reported a net loss and the effect of their inclusion would be anti-dilutive.

 

XML 45 R15.htm IDEA: XBRL DOCUMENT v2.4.1.9
Stock-Based Compensation
6 Months Ended
Mar. 31, 2015
Text Block [Abstract]  
Stock-Based Compensation
9. STOCK-BASED COMPENSATION:

We account for our stock-based compensation plans following the provisions of FASB Accounting Standards Codification 718, “Compensation — Stock Compensation” (“ASC 718”). In accordance with ASC 718, we use the Black-Scholes valuation model for valuing all stock-based compensation and shares purchased under our Employee Stock Purchase Plan. We measure compensation for restricted stock awards and restricted stock units at fair value on the grant date based on the number of shares expected to vest and the quoted market price of our common stock. For restricted stock units with market conditions, we utilize a Monte Carlo simulation embedded in a lattice model to determine the fair value. We recognize compensation cost for all awards in operations, net of estimated forfeitures, on a straight-line basis over the requisite service period for each separately vesting portion of the award.

During the six months ended March 31, 2014 and 2015, we recognized stock-based compensation expense of approximately $1.7 million and $1.6 million, respectively, in selling, general, and administrative expenses in the unaudited condensed consolidated statements of operations. There were no tax benefits realized for tax deductions from option exercises for the six months ended March 31, 2014 and 2015.

Cash received from option exercises under all share-based compensation arrangements for the six months ended March 31, 2014 and 2015, was approximately $3.1 million and $3.0 million, respectively. We currently expect to satisfy share-based awards with registered shares available to be issued.

XML 46 R13.htm IDEA: XBRL DOCUMENT v2.4.1.9
Income Taxes
6 Months Ended
Mar. 31, 2015
Income Tax Disclosure [Abstract]  
Income Taxes
7. INCOME TAXES:

We account for income taxes in accordance with FASB Accounting Standards Codification 740, “Income Taxes” (“ASC 740”). Under ASC 740, we recognize deferred tax assets and liabilities for the future tax consequences attributable to temporary differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. We measure deferred tax assets and liabilities using enacted tax rates expected to apply to taxable income in the years in which we expect those temporary differences to be recovered or settled. We record valuation allowances to reduce our deferred tax assets to the amount expected to be realized by considering all available positive and negative evidence.

Pursuant to ASC 740, we must consider all positive and negative evidence regarding the realization of deferred tax assets. ASC 740 provides for four possible sources of taxable income to realize deferred tax assets: 1) taxable income in prior carryback years; 2) reversals of existing deferred tax liabilities; 3) tax planning strategies and 4) projected future taxable income. As of March 31, 2015, we have no available taxable income in prior carryback years, reversals of existing deferred tax liabilities or prudent and feasible tax planning strategies. Therefore, the recoverability of our deferred tax assets is dependent upon generating future taxable income. Although as of March 31, 2015, we were no longer in a three year cumulative loss position for financial reporting purposes in our significant jurisdictions, we believe there is sufficient negative evidence concerning our projected future taxable income and, therefore, the realization of our deferred tax assets. Our future taxable income is inherently difficult to project and subject to uncertainty due to many factors including the impact of general economic conditions and the cyclical nature of our operations. Additionally, historically it has been difficult to project our industry’s trends and therefore our results. Based on our analysis of the available evidence we determined that our deferred tax assets needed a full valuation allowance as of March 31, 2015. We will continue to evaluate the need for a valuation allowance. If the full valuation allowance is reversed, we will start recording a tax provision.

 


XML 47 R14.htm IDEA: XBRL DOCUMENT v2.4.1.9
Short-Term Borrowings
6 Months Ended
Mar. 31, 2015
Debt Disclosure [Abstract]  
Short-Term Borrowings
8. SHORT-TERM BORROWINGS:

In August 2014, we entered into an amendment to our Inventory Financing Agreement (the “Amended Credit Facility”), originally entered into in June 2010, as subsequently amended, with GE Commercial Distribution Finance Corporation. The August 2014 amendment extended the maturity date of the Credit Facility to August 2017, subject to additional extension for two one-year periods, with lender approval. The August 2014 amendment, among other things, modified the amount of borrowing availability and maturity date of the Credit Facility. The Amended Credit Facility provides a floor plan financing commitment of up to $235 million, an increase from the previous limit of $205 million, subject to borrowing base availability resulting from the amount and aging of our inventory.

The Amended Credit Facility has certain financial covenants as specified in the agreement. The covenants include provisions that our leverage ratio must not exceed 2.75 to 1.0 and that our current ratio must be greater than 1.2 to 1.0. The interest rate for amounts outstanding under the Amended Credit Facility is 345 basis points above the one-month London Inter-Bank Offering Rate (“LIBOR”). There is an unused line fee of ten basis points on the unused portion of the Amended Credit Facility.

Advances under the Amended Credit Facility are initiated by the acquisition of eligible new and used inventory or are re-advances against eligible new and used inventory that have been partially paid-off. Advances on new inventory will generally mature 1,080 days from the original invoice date. Advances on used inventory will mature 361 days from the date we acquire the used inventory. Each advance is subject to a curtailment schedule, which requires that we pay down the balance of each advance on a periodic basis starting after six months. The curtailment schedule varies based on the type and value of the inventory. The collateral for the Amended Credit Facility is all of our personal property with certain limited exceptions. None of our real estate has been pledged for collateral for the Amended Credit Facility.

As of March 31, 2015, our indebtedness associated with financing our inventory and working capital needs totaled approximately $165.3 million. As of March 31, 2014 and 2015, the interest rate on the outstanding short-term borrowings was approximately 3.6%. As of March 31, 2015, our additional available borrowings under our Amended Credit Facility were approximately $22.0 million based upon the outstanding borrowing base availability.

 

As is common in our industry, we receive interest assistance directly from boat manufacturers, including Brunswick. The interest assistance programs vary by manufacturer, but generally include periods of free financing or reduced interest rate programs. The interest assistance may be paid directly to us or our lender depending on the arrangements the manufacturer has established. We classify interest assistance received from manufacturers as a reduction of inventory cost and related cost of sales as opposed to netting the assistance against our interest expense incurred with our lenders.

The availability and costs of borrowed funds can adversely affect our ability to obtain adequate boat inventory and the holding costs of that inventory as well as the ability and willingness of our customers to finance boat purchases. As of March 31, 2015, we had no long-term debt. However, we rely on our Amended Credit Facility to purchase our inventory of boats. The aging of our inventory limits our borrowing capacity as defined curtailments reduce the allowable advance rate as our inventory ages. Our access to funds under our Amended Credit Facility also depends upon the ability of our lenders to meet their funding commitments, particularly if they experience shortages of capital or experience excessive volumes of borrowing requests from others during a short period of time. Unfavorable economic conditions, weak consumer spending, turmoil in the credit markets, and lender difficulties, among other potential reasons, could interfere with our ability to utilize our Amended Credit Facility to fund our operations. Any inability to utilize our Amended Credit Facility could require us to seek other sources of funding to repay amounts outstanding under the credit agreements or replace or supplement our credit agreements, which may not be possible at all or under commercially reasonable terms.

Similarly, decreases in the availability of credit and increases in the cost of credit adversely affect the ability of our customers to purchase boats from us and thereby adversely affect our ability to sell our products and impact the profitability of our finance and insurance activities.

 


XML 48 R16.htm IDEA: XBRL DOCUMENT v2.4.1.9
The Incentive Stock Plans
6 Months Ended
Mar. 31, 2015
Text Block [Abstract]  
The Incentive Stock Plans
10. THE INCENTIVE STOCK PLANS:

During February 2013, our stockholders approved a proposal to amend the 2011 Stock-Based Compensation Plan (“2011 Plan”) to increase the 1,200,456 share threshold by 1,000,000 shares to 2,200,456 shares. During January 2011, our stockholders approved a proposal to authorize our 2011 Plan, which replaced our 2007 Incentive Compensation Plan (“2007 Plan”). Our 2011 Plan provides for the grant of stock options, stock appreciation rights, restricted stock, stock units, bonus stock, dividend equivalents, other stock related awards, and performance awards (collectively “awards”), that may be settled in cash, stock, or other property. Our 2011 Plan is designed to attract, motivate, retain, and reward our executives, employees, officers, directors, and independent contractors by providing such persons with annual and long-term performance incentives to expend their maximum efforts in the creation of stockholder value. Subsequent to the February 2013 amendment described above, the total number of shares of our common stock that may be subject to awards under the 2011 Plan is equal to 2,000,000 shares, plus: (i) any shares available for issuance and not subject to an award under the 2007 Plan, which was 200,456 shares at the time of approval of the 2011 Plan; (ii) the number of shares with respect to which awards granted under the 2011 Plan and the 2007 Plan terminate without the issuance of the shares or where the shares are forfeited or repurchased; (iii) with respect to awards granted under the 2011 Plan and the 2007 Plan, the number of shares that are not issued as a result of the award being settled for cash or otherwise not issued in connection with the exercise or payment of the award; and (iv) the number of shares that are surrendered or withheld in payment of the exercise price of any award or any tax withholding requirements in connection with any award granted under the 2011 Plan or the 2007 Plan. The 2011 Plan terminates in January 2021, and awards may be granted at any time during the life of the 2011 Plan. The date on which awards vest are determined by the Board of Directors or the Plan Administrator. The Board of Directors has appointed the Compensation Committee as the Plan Administrator. The exercise prices of options are determined by the Board of Directors or the Plan Administrator and are at least equal to the fair market value of shares of common stock on the date of grant. The term of options under the 2011 Plan may not exceed ten years. The options granted have varying vesting periods. To date, we have not settled or been under any obligation to settle any awards in cash.

The following table summarizes option activity from September 30, 2014 through March 31, 2015:

 

     Shares
Available
for Grant
    Options
Outstanding
    Aggregate
Intrinsic Value
(in thousands)
     Weighted
Average
Exercise
Price
     Weighted
Average
Remaining
Contractual
Life
 

Balance as of September 30, 2014

     1,350,709        2,226,319      $ 15,980       $ 11.70         6.6   

Options authorized

     —          —             —        

Options granted

     (290,000     290,000         $ 15.91      

Options cancelled/forfeited/expired

     67,780        (67,780      $ 25.46      

Restricted stock awards issued

     (111,000     —             —        

Options exercised

     —          (409,755      $ 6.64      
  

 

 

   

 

 

         

Balance as of March 31, 2015

  1,017,489      2,038,784    $ 29,381    $ 12.85      6.8   
  

 

 

   

 

 

   

 

 

       

Exercisable as of March 31, 2015

  1,165,418    $ 18,837    $ 11.30      5.4   
    

 

 

   

 

 

       

The weighted average grant date fair value of options granted during the six months ended March 31, 2014 and 2015 was $6.23 and $5.79, respectively. The total intrinsic value of options exercised during the six months ended March 31, 2014 and 2015 was $3.1 million and $7.2 million, respectively.

As of March 31, 2014 and 2015, there was approximately $2.8 million and $2.9 million, respectively, of unrecognized compensation costs related to non-vested options that are expected to be recognized over a weighted average period of 2.4 years and 2.0 years, respectively. The total fair value of options vested during the six months ended March 31, 2014 and 2015 was approximately $1.3 million and $444,000, respectively.

We used the Black-Scholes model to estimate the fair value of options granted. The expected term of options granted is derived from the output of the option pricing model and represents the period of time that options granted are expected to be outstanding. Volatility is based on the historical volatility of our common stock. The risk-free rate for periods within the contractual term of the options is based on the U.S. Treasury yield curve in effect at the time of grant.

The following are the weighted average assumptions used for each respective period:

 

     Three Months Ended
March 31,
     Six Months Ended
March 31,
 
     2014     2015      2014     2015  

Dividend yield

     0.0     —           0.0     0.0

Risk-free interest rate

     0.7     —           0.7     0.8

Volatility

     55.7     —           55.7     47.4

Expected life

     3.2 years        —           3.2 years        3.0 years   

 


XML 49 R34.htm IDEA: XBRL DOCUMENT v2.4.1.9
The Incentive Stock Plans - Weighted Average Assumptions of Incentive Stock Plans (Detail) (Incentive Stock Plans [Member])
3 Months Ended 6 Months Ended
Mar. 31, 2014
Mar. 31, 2015
Mar. 31, 2014
Incentive Stock Plans [Member]
     
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Dividend yield 0.00%us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
/ us-gaap_PlanNameAxis
= hzo_IncentiveStockPlansMember
0.00%us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
/ us-gaap_PlanNameAxis
= hzo_IncentiveStockPlansMember
0.00%us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
/ us-gaap_PlanNameAxis
= hzo_IncentiveStockPlansMember
Risk-free interest rate 0.70%us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
/ us-gaap_PlanNameAxis
= hzo_IncentiveStockPlansMember
0.80%us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
/ us-gaap_PlanNameAxis
= hzo_IncentiveStockPlansMember
0.70%us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
/ us-gaap_PlanNameAxis
= hzo_IncentiveStockPlansMember
Volatility 55.70%us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
/ us-gaap_PlanNameAxis
= hzo_IncentiveStockPlansMember
47.40%us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
/ us-gaap_PlanNameAxis
= hzo_IncentiveStockPlansMember
55.70%us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
/ us-gaap_PlanNameAxis
= hzo_IncentiveStockPlansMember
Expected life 3 years 2 months 12 days 3 years 3 years 2 months 12 days
XML 50 R21.htm IDEA: XBRL DOCUMENT v2.4.1.9
Basis of Presentation (Policies)
6 Months Ended
Mar. 31, 2015
Accounting Policies [Abstract]  
Fair Value of Financial Instruments

The carrying amounts of our financial instruments reported on the balance sheet as of March 31, 2015 approximated fair value due either to length to maturity or existence of variable interest rates, which approximate prevailing market rates.

Use of Estimates

The preparation of unaudited condensed consolidated financial statements in conformity with accounting principles generally accepted in the United States requires us to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the unaudited condensed consolidated financial statements and the reported amounts of revenue and expenses during the reporting periods. Significant estimates made by us in the accompanying unaudited condensed consolidated financial statements include valuation allowances, valuation of goodwill and intangible assets, valuation of long-lived assets, and valuation of accruals. Actual results could differ from those estimates.

Consolidation

The unaudited condensed consolidated financial statements include our accounts and the accounts of our subsidiaries, all of which are wholly owned. All significant intercompany transactions and accounts have been eliminated.

Revenue Recognition

We recognize revenue from boat, motor, and trailer sales, and parts and service operations at the time the boat, motor, trailer, or part is delivered to or accepted by the customer or the service is completed. We recognize deferred revenue from service operations and slip and storage services on a straight-line basis over the term of the contract or when service is completed. We recognize commissions earned from a brokerage sale at the time the related brokerage transaction closes. We recognize commissions earned by us for placing notes with financial institutions in connection with customer boat financing when we recognize the related boat sales. We recognize marketing fees earned on credit, life, accident, disability, gap, and hull insurance products sold by third-party insurance companies at the later of customer acceptance of the insurance product as evidenced by contract execution or when the related boat sale is recognized. Pursuant to negotiated agreements with financial and insurance institutions, we are charged back for a portion of these fees should the customer terminate or default on the related finance or insurance contract before it is outstanding for a stipulated minimum period of time. We base the chargeback allowance, which was not material to the unaudited condensed consolidated financial statements taken as a whole as of March 31, 2015, on our experience with repayments or defaults on the related finance or insurance contracts.

We also recognize commissions earned on extended warranty service contracts sold on behalf of third-party insurance companies at the later of customer acceptance of the service contract terms as evidenced by contract execution or recognition of the related boat sale. We are charged back for a portion of these commissions should the customer terminate or default on the service contract prior to its scheduled maturity. We determine the chargeback allowance, which was not material to the unaudited condensed consolidated financial statements taken as a whole as of March 31, 2015, based upon our experience with terminations or defaults on the service contracts.

Inventories

Inventory costs consist of the amount paid to acquire inventory, net of vendor consideration and purchase discounts, the cost of equipment added, reconditioning costs, and transportation costs relating to acquiring inventory for sale. We state new and used boat, motor, and trailer inventories at the lower of cost, determined on a specific-identification basis, or market. We state parts and accessories at the lower of cost, determined on an average cost basis, or market. We utilize our historical experience, the aging of the inventories, and our consideration of current market trends as the basis for determining a lower of cost or market valuation allowance. As of September 30, 2014 and March 31, 2015, our lower of cost or market valuation allowance for new and used boat, motor, and trailer inventories was $2.2 million and $2.5 million, respectively. If events occur and market conditions change, causing the fair value to fall below carrying value, the lower of cost or market valuation allowance could increase.

Property Plant and Equipment Impairment or Disposal of Long Lived Assets

FASB Accounting Standards Codification 360-10-40, “Property, Plant, and Equipment - Impairment or Disposal of Long-Lived Assets” (“ASC 360-10-40”), requires that long-lived assets, such as property and equipment and purchased intangibles subject to amortization, be reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Recoverability of the asset is measured by comparison of its carrying amount to undiscounted future net cash flows the asset is expected to generate. If such assets are considered to be impaired, the impairment to be recognized is measured as the amount by which the carrying amount of the asset exceeds its fair market value. Estimates of expected future cash flows represent our best estimate based on currently available information and reasonable and supportable assumptions. Any impairment recognized in accordance with ASC 360-10-40 is permanent and may not be restored. Based upon our most recent analysis, we believe no impairment of long-lived assets existed as of March 31, 2015.

Income Taxes

We account for income taxes in accordance with FASB Accounting Standards Codification 740, “Income Taxes” (“ASC 740”). Under ASC 740, we recognize deferred tax assets and liabilities for the future tax consequences attributable to temporary differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. We measure deferred tax assets and liabilities using enacted tax rates expected to apply to taxable income in the years in which we expect those temporary differences to be recovered or settled. We record valuation allowances to reduce our deferred tax assets to the amount expected to be realized by considering all available positive and negative evidence.

Pursuant to ASC 740, we must consider all positive and negative evidence regarding the realization of deferred tax assets. ASC 740 provides for four possible sources of taxable income to realize deferred tax assets: 1) taxable income in prior carryback years; 2) reversals of existing deferred tax liabilities; 3) tax planning strategies and 4) projected future taxable income. As of March 31, 2015, we have no available taxable income in prior carryback years, reversals of existing deferred tax liabilities or prudent and feasible tax planning strategies. Therefore, the recoverability of our deferred tax assets is dependent upon generating future taxable income. Although as of March 31, 2015, we were no longer in a three year cumulative loss position for financial reporting purposes in our significant jurisdictions, we believe there is sufficient negative evidence concerning our projected future taxable income and, therefore, the realization of our deferred tax assets. Our future taxable income is inherently difficult to project and subject to uncertainty due to many factors including the impact of general economic conditions and the cyclical nature of our operations. Additionally, historically it has been difficult to project our industry’s trends and therefore our results. Based on our analysis of the available evidence we determined that our deferred tax assets needed a full valuation allowance as of March 31, 2015. We will continue to evaluate the need for a valuation allowance. If the full valuation allowance is reversed, we will start recording a tax provision.

Stock Compensation

We account for our stock-based compensation plans following the provisions of FASB Accounting Standards Codification 718, “Compensation — Stock Compensation” (“ASC 718”). In accordance with ASC 718, we use the Black-Scholes valuation model for valuing all stock-based compensation and shares purchased under our Employee Stock Purchase Plan. We measure compensation for restricted stock awards and restricted stock units at fair value on the grant date based on the number of shares expected to vest and the quoted market price of our common stock. For restricted stock units with market conditions, we utilize a Monte Carlo simulation embedded in a lattice model to determine the fair value. We recognize compensation cost for all awards in operations, net of estimated forfeitures, on a straight-line basis over the requisite service period for each separately vesting portion of the award.

XML 51 R26.htm IDEA: XBRL DOCUMENT v2.4.1.9
Company Background - Additional Information (Detail)
12 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2012
Mar. 31, 2015
Location
Store
Concentration Risk [Line Items]        
Number of retail locations       53us-gaap_NumberOfStores
Number of states wherein retail locations are established       16us-gaap_NumberOfStatesInWhichEntityOperates
Product Concentration Risk [Member] | Brunswick [Member] | Sales [Member]        
Concentration Risk [Line Items]        
Revenue percentage from sale of boats 40.00%us-gaap_ConcentrationRiskPercentage1
/ us-gaap_ConcentrationRiskByBenchmarkAxis
= us-gaap_SalesRevenueNetMember
/ us-gaap_ConcentrationRiskByTypeAxis
= us-gaap_ProductConcentrationRiskMember
/ dei_LegalEntityAxis
= hzo_BrunswickCorporationMember
     
Supplier Concentration Risk [Member] | Brunswick [Member] | Sales [Member]        
Concentration Risk [Line Items]        
Revenue percentage from sale of boats 43.00%us-gaap_ConcentrationRiskPercentage1
/ us-gaap_ConcentrationRiskByBenchmarkAxis
= us-gaap_SalesRevenueNetMember
/ us-gaap_ConcentrationRiskByTypeAxis
= us-gaap_SupplierConcentrationRiskMember
/ dei_LegalEntityAxis
= hzo_BrunswickCorporationMember
     
Brunswick Sea Ray Boat [Member] | Brunswick [Member] | Sales [Member]        
Concentration Risk [Line Items]        
Revenue percentage from sale of boats 26.00%us-gaap_ConcentrationRiskPercentage1
/ us-gaap_ConcentrationRiskByBenchmarkAxis
= us-gaap_SalesRevenueNetMember
/ us-gaap_ConcentrationRiskByTypeAxis
= hzo_BrunswickSeaRayBoatMember
/ dei_LegalEntityAxis
= hzo_BrunswickCorporationMember
     
Brunswick Boston Whaler Boats [Member] | Brunswick [Member] | Sales [Member]        
Concentration Risk [Line Items]        
Revenue percentage from sale of boats 10.00%us-gaap_ConcentrationRiskPercentage1
/ us-gaap_ConcentrationRiskByBenchmarkAxis
= us-gaap_SalesRevenueNetMember
/ us-gaap_ConcentrationRiskByTypeAxis
= hzo_BrunswickBostonWhalerBoatsMember
/ dei_LegalEntityAxis
= hzo_BrunswickCorporationMember
     
Azimut Yachts [Member] | Sales [Member]        
Concentration Risk [Line Items]        
Revenue percentage from sale of boats 14.00%us-gaap_ConcentrationRiskPercentage1
/ us-gaap_ConcentrationRiskByBenchmarkAxis
= us-gaap_SalesRevenueNetMember
/ us-gaap_ConcentrationRiskByTypeAxis
= hzo_AzimutYachtsMember
     
Geographic Concentration Risk [Member] | Florida [Member] | Sales [Member]        
Concentration Risk [Line Items]        
Revenue percentage from sale of boats 52.00%us-gaap_ConcentrationRiskPercentage1
/ us-gaap_ConcentrationRiskByBenchmarkAxis
= us-gaap_SalesRevenueNetMember
/ us-gaap_ConcentrationRiskByTypeAxis
= us-gaap_GeographicConcentrationRiskMember
/ us-gaap_StatementGeographicalAxis
= stpr_FL
51.00%us-gaap_ConcentrationRiskPercentage1
/ us-gaap_ConcentrationRiskByBenchmarkAxis
= us-gaap_SalesRevenueNetMember
/ us-gaap_ConcentrationRiskByTypeAxis
= us-gaap_GeographicConcentrationRiskMember
/ us-gaap_StatementGeographicalAxis
= stpr_FL
49.00%us-gaap_ConcentrationRiskPercentage1
/ us-gaap_ConcentrationRiskByBenchmarkAxis
= us-gaap_SalesRevenueNetMember
/ us-gaap_ConcentrationRiskByTypeAxis
= us-gaap_GeographicConcentrationRiskMember
/ us-gaap_StatementGeographicalAxis
= stpr_FL
 
XML 52 R5.htm IDEA: XBRL DOCUMENT v2.4.1.9
Condensed Consolidated Statement of Stockholders' Equity (USD $)
In Thousands, except Share data
Total
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings (Accumulated Deficit) [Member]
Treasury Stock [Member]
Beginning Balance at Sep. 30, 2014 $ 239,295us-gaap_StockholdersEquity $ 25us-gaap_StockholdersEquity
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
$ 227,939us-gaap_StockholdersEquity
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
$ 27,141us-gaap_StockholdersEquity
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
$ (15,810)us-gaap_StockholdersEquity
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_TreasuryStockMember
Beginning Balance, Shares at Sep. 30, 2014 25,002,807us-gaap_CommonStockSharesIssued 25,002,807us-gaap_CommonStockSharesIssued
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
     
Net income 604us-gaap_NetIncomeLoss     604us-gaap_NetIncomeLoss
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
 
Shares issued pursuant to employee stock purchase plan 297us-gaap_StockIssuedDuringPeriodValueEmployeeStockPurchasePlan   297us-gaap_StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
   
Shares issued pursuant to employee stock purchase plan, Shares   22,973us-gaap_StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
     
Shares issued upon vesting of equity awards, net of tax withholding 0us-gaap_RestrictedStockValueSharesIssuedNetOfTaxWithholdings 0us-gaap_RestrictedStockValueSharesIssuedNetOfTaxWithholdings
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
0us-gaap_RestrictedStockValueSharesIssuedNetOfTaxWithholdings
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
0us-gaap_RestrictedStockValueSharesIssuedNetOfTaxWithholdings
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
0us-gaap_RestrictedStockValueSharesIssuedNetOfTaxWithholdings
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_TreasuryStockMember
Shares issued upon vesting of equity awards, net of tax withholding, Shares   3,340us-gaap_RestrictedStockSharesIssuedNetOfSharesForTaxWithholdings
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
     
Shares issued upon exercise of stock options 2,723us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised   2,723us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
   
Shares issued upon exercise of stock options, Shares   409,755us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
     
Stock-based compensation 1,627us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue   1,627us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
   
Stock-based compensation, Shares   28,875us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
     
Ending Balance at Mar. 31, 2015 $ 244,546us-gaap_StockholdersEquity $ 25us-gaap_StockholdersEquity
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
$ 232,586us-gaap_StockholdersEquity
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
$ 27,745us-gaap_StockholdersEquity
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
$ (15,810)us-gaap_StockholdersEquity
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_TreasuryStockMember
Ending Balance, Shares at Mar. 31, 2015 25,467,750us-gaap_CommonStockSharesIssued 25,467,750us-gaap_CommonStockSharesIssued
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
     
XML 53 R10.htm IDEA: XBRL DOCUMENT v2.4.1.9
Revenue Recognition
6 Months Ended
Mar. 31, 2015
Text Block [Abstract]  
Revenue Recognition
4. REVENUE RECOGNITION:

We recognize revenue from boat, motor, and trailer sales, and parts and service operations at the time the boat, motor, trailer, or part is delivered to or accepted by the customer or the service is completed. We recognize deferred revenue from service operations and slip and storage services on a straight-line basis over the term of the contract or when service is completed. We recognize commissions earned from a brokerage sale at the time the related brokerage transaction closes. We recognize commissions earned by us for placing notes with financial institutions in connection with customer boat financing when we recognize the related boat sales. We recognize marketing fees earned on credit, life, accident, disability, gap, and hull insurance products sold by third-party insurance companies at the later of customer acceptance of the insurance product as evidenced by contract execution or when the related boat sale is recognized. Pursuant to negotiated agreements with financial and insurance institutions, we are charged back for a portion of these fees should the customer terminate or default on the related finance or insurance contract before it is outstanding for a stipulated minimum period of time. We base the chargeback allowance, which was not material to the unaudited condensed consolidated financial statements taken as a whole as of March 31, 2015, on our experience with repayments or defaults on the related finance or insurance contracts.

We also recognize commissions earned on extended warranty service contracts sold on behalf of third-party insurance companies at the later of customer acceptance of the service contract terms as evidenced by contract execution or recognition of the related boat sale. We are charged back for a portion of these commissions should the customer terminate or default on the service contract prior to its scheduled maturity. We determine the chargeback allowance, which was not material to the unaudited condensed consolidated financial statements taken as a whole as of March 31, 2015, based upon our experience with terminations or defaults on the service contracts.

 


XML 54 R27.htm IDEA: XBRL DOCUMENT v2.4.1.9
Basis of Presentation - Additional Information (Detail)
6 Months Ended
Mar. 31, 2015
Operations
Dealer
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Previously independent recreational boat dealers 5hzo_IndependentRecreationalBoatDealersInNumber
Recreational boat dealers 24hzo_RecreationalBoatDealersInNumber
Boat brokerage operations 2hzo_BoatBrokerageOperationsNumber
Full-service yacht repair operations 2hzo_FullServiceYachtRepairOperationsNumber
XML 55 FilingSummary.xml IDEA: XBRL DOCUMENT 2.4.1.9 Html 63 186 1 false 24 0 false 8 false false R1.htm 101 - Document - Document and Entity Information Sheet http://www.marinemax.com/taxonomy/role/DocumentandEntityInformation Document and Entity Information false false R2.htm 103 - Statement - Condensed Consolidated Statements of Operations Sheet http://www.marinemax.com/taxonomy/role/StatementOfIncome Condensed Consolidated Statements of Operations true false R3.htm 104 - Statement - Condensed Consolidated Balance Sheets Sheet http://www.marinemax.com/taxonomy/role/StatementOfFinancialPositionClassified Condensed Consolidated Balance Sheets false false R4.htm 105 - Statement - Condensed Consolidated Balance Sheets (Parenthetical) Sheet http://www.marinemax.com/taxonomy/role/StatementOfFinancialPositionClassifiedParenthetical Condensed Consolidated Balance Sheets (Parenthetical) false false R5.htm 106 - Statement - Condensed Consolidated Statement of Stockholders' Equity Sheet http://www.marinemax.com/taxonomy/role/StatementOfShareholdersEquityAndOtherComprehensiveIncome Condensed Consolidated Statement of Stockholders' Equity false false R6.htm 107 - Statement - Condensed Consolidated Statements of Cash Flows Sheet http://www.marinemax.com/taxonomy/role/StatementOfCashFlowsIndirect Condensed Consolidated Statements of Cash Flows false false R7.htm 108 - Disclosure - Company Background Sheet http://www.marinemax.com/taxonomy/role/NotesToFinancialStatementsNatureOfOperations Company Background false false R8.htm 109 - Disclosure - Basis of Presentation Sheet http://www.marinemax.com/taxonomy/role/NotesToFinancialStatementsOrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock Basis of Presentation false false R9.htm 110 - Disclosure - New Accounting Pronouncements Sheet http://www.marinemax.com/taxonomy/role/NotesToFinancialStatementsNewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock New Accounting Pronouncements false false R10.htm 111 - Disclosure - Revenue Recognition Sheet http://www.marinemax.com/taxonomy/role/NotesToFinancialStatementsRevenueRecognitionTextBlock Revenue Recognition false false R11.htm 112 - Disclosure - Inventories Sheet http://www.marinemax.com/taxonomy/role/NotesToFinancialStatementsInventoryDisclosureTextBlock Inventories false false R12.htm 113 - Disclosure - Impairment of Long-Lived Assets Sheet http://www.marinemax.com/taxonomy/role/NotesToFinancialStatementsPropertyPlantAndEquipmentImpairmentOrDisposalDisclosureTextBlock Impairment of Long-Lived Assets false false R13.htm 114 - Disclosure - Income Taxes Sheet http://www.marinemax.com/taxonomy/role/NotesToFinancialStatementsIncomeTaxDisclosureTextBlock Income Taxes false false R14.htm 115 - Disclosure - Short-Term Borrowings Sheet http://www.marinemax.com/taxonomy/role/NotesToFinancialStatementsShortTermDebtTextBlock Short-Term Borrowings false false R15.htm 116 - Disclosure - Stock-Based Compensation Sheet http://www.marinemax.com/taxonomy/role/NotesToFinancialStatementsStockBasedCompensationTextBlock Stock-Based Compensation false false R16.htm 117 - Disclosure - The Incentive Stock Plans Sheet http://www.marinemax.com/taxonomy/role/NotesToFinancialStatementsIncentiveStockPlansTextBlock The Incentive Stock Plans false false R17.htm 118 - Disclosure - Employee Stock Purchase Plan Sheet http://www.marinemax.com/taxonomy/role/NotesToFinancialStatementsEmployeeStockPurchasePlanTextBlock Employee Stock Purchase Plan false false R18.htm 119 - Disclosure - Restricted Stock Awards Sheet http://www.marinemax.com/taxonomy/role/NotesToFinancialStatementsRestrictedStockAwardsTextBlock Restricted Stock Awards false false R19.htm 120 - Disclosure - Net Income (Loss) Per Share Sheet http://www.marinemax.com/taxonomy/role/NotesToFinancialStatementsEarningsPerShareTextBlock Net Income (Loss) Per Share false false R20.htm 121 - Disclosure - Commitments and Contingencies Sheet http://www.marinemax.com/taxonomy/role/NotesToFinancialStatementsCommitmentsAndContingenciesDisclosureTextBlock Commitments and Contingencies false false R21.htm 122 - Disclosure - Basis of Presentation (Policies) Sheet http://www.marinemax.com/taxonomy/role/NotesToFinancialStatementsOrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlockPolicies Basis of Presentation (Policies) false false R22.htm 123 - Disclosure - The Incentive Stock Plans (Tables) Sheet http://www.marinemax.com/taxonomy/role/NotesToFinancialStatementsIncentiveStockPlansTextBlockTables The Incentive Stock Plans (Tables) false false R23.htm 124 - Disclosure - Employee Stock Purchase Plan (Tables) Sheet http://www.marinemax.com/taxonomy/role/NotesToFinancialStatementsEmployeeStockPurchasePlanTextBlockTables Employee Stock Purchase Plan (Tables) false false R24.htm 125 - Disclosure - Restricted Stock Awards (Tables) Sheet http://www.marinemax.com/taxonomy/role/NotesToFinancialStatementsRestrictedStockAwardsTextBlockTables Restricted Stock Awards (Tables) false false R25.htm 126 - Disclosure - Net Income (Loss) Per Share (Tables) Sheet http://www.marinemax.com/taxonomy/role/NotesToFinancialStatementsEarningsPerShareTextBlockTables Net Income (Loss) Per Share (Tables) false false R26.htm 127 - Disclosure - Company Background - Additional Information (Detail) Sheet http://www.marinemax.com/taxonomy/role/DisclosureCompanyBackgroundAdditionalInformation Company Background - Additional Information (Detail) false false R27.htm 128 - Disclosure - Basis of Presentation - Additional Information (Detail) Sheet http://www.marinemax.com/taxonomy/role/DisclosureBasisOfPresentationAdditionalInformation Basis of Presentation - Additional Information (Detail) false false R28.htm 129 - Disclosure - Inventories - Additional Information (Detail) Sheet http://www.marinemax.com/taxonomy/role/DisclosureInventoriesAdditionalInformation Inventories - Additional Information (Detail) false false R29.htm 130 - Disclosure - Impairment of Long-Lived Assets - Additional Information (Detail) Sheet http://www.marinemax.com/taxonomy/role/DisclosureImpairmentOfLongLivedAssetsAdditionalInformation Impairment of Long-Lived Assets - Additional Information (Detail) false false R30.htm 131 - Disclosure - Short-Term Borrowings - Additional Information (Detail) Sheet http://www.marinemax.com/taxonomy/role/DisclosureShortTermBorrowingsAdditionalInformation Short-Term Borrowings - Additional Information (Detail) false false R31.htm 132 - Disclosure - Stock-Based Compensation - Additional Information (Detail) Sheet http://www.marinemax.com/taxonomy/role/DisclosureStockBasedCompensationAdditionalInformation Stock-Based Compensation - Additional Information (Detail) false false R32.htm 133 - Disclosure - The Incentive Stock Plans - Additional Information (Detail) Sheet http://www.marinemax.com/taxonomy/role/DisclosureIncentiveStockPlansAdditionalInformation The Incentive Stock Plans - Additional Information (Detail) false false R33.htm 134 - Disclosure - The Incentive Stock Plans - Incentive Stock Plans Option Activity (Detail) Sheet http://www.marinemax.com/taxonomy/role/DisclosureIncentiveStockPlansIncentiveStockPlansOptionActivity The Incentive Stock Plans - Incentive Stock Plans Option Activity (Detail) false false R34.htm 135 - Disclosure - The Incentive Stock Plans - Weighted Average Assumptions of Incentive Stock Plans (Detail) Sheet http://www.marinemax.com/taxonomy/role/DisclosureTheIncentiveStockPlansWeightedAverageAssumptionsOfIncentiveStockPlans The Incentive Stock Plans - Weighted Average Assumptions of Incentive Stock Plans (Detail) false false R35.htm 136 - Disclosure - Employee Stock Purchase Plan - Additional Information (Detail) Sheet http://www.marinemax.com/taxonomy/role/DisclosureEmployeeStockPurchasePlanAdditionalInformation Employee Stock Purchase Plan - Additional Information (Detail) false false R36.htm 137 - Disclosure - Employee Stock Purchase Plan - Weighted Average Assumptions of Employee Stock Purchase Plan (Detail) Sheet http://www.marinemax.com/taxonomy/role/DisclosureEmployeeStockPurchasePlanWeightedAverageAssumptionsOfEmployeeStockPurchasePlan Employee Stock Purchase Plan - Weighted Average Assumptions of Employee Stock Purchase Plan (Detail) false false R37.htm 138 - Disclosure - Restricted Stock Awards - Additional Information (Detail) Sheet http://www.marinemax.com/taxonomy/role/DisclosureRestrictedStockAwardsAdditionalInformation Restricted Stock Awards - Additional Information (Detail) false false R38.htm 139 - Disclosure - Restricted Stock Awards - Restricted Stock Award Activity (Detail) Sheet http://www.marinemax.com/taxonomy/role/DisclosureRestrictedStockAwardsRestrictedStockAwardActivity Restricted Stock Awards - Restricted Stock Award Activity (Detail) false false R39.htm 140 - Disclosure - Net Income (Loss) Per Share - Basic and Diluted Net Income (Loss) Per Share (Detail) Sheet http://www.marinemax.com/taxonomy/role/DisclosureNetIncomeLossPerShareBasicAndDilutedNetIncomeLossPerShare Net Income (Loss) Per Share - Basic and Diluted Net Income (Loss) Per Share (Detail) false false R40.htm 141 - Disclosure - Net Income (Loss) Per Share - Additional Information (Detail) Sheet http://www.marinemax.com/taxonomy/role/DisclosureNetIncomeLossPerShareAdditionalInformation Net Income (Loss) Per Share - Additional Information (Detail) false false All Reports Book All Reports Element us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1 had a mix of decimals attribute values: -5 0. Columns in Cash Flows statement 'Condensed Consolidated Statements of Cash Flows (USD $)' have maximum duration 181 days and at least 25 values. Shorter duration columns must have at least one fourth (6) as many values. Column '1/1/2014 - 3/31/2014' is shorter (89 days) and has only 2 values, so it is being removed. Columns in Cash Flows statement 'Condensed Consolidated Statements of Cash Flows (USD $)' have maximum duration 181 days and at least 25 values. Shorter duration columns must have at least one fourth (6) as many values. Column '1/1/2015 - 3/31/2015' is shorter (89 days) and has only 2 values, so it is being removed. 'Monetary' elements on report '131 - Disclosure - Short-Term Borrowings - Additional Information (Detail)' had a mix of different decimal attribute values. 'Monetary' elements on report '133 - Disclosure - The Incentive Stock Plans - Additional Information (Detail)' had a mix of different decimal attribute values. Process Flow-Through: 103 - Statement - Condensed Consolidated Statements of Operations Process Flow-Through: 104 - Statement - Condensed Consolidated Balance Sheets Process Flow-Through: Removing column 'Mar. 31, 2014' Process Flow-Through: Removing column 'Sep. 30, 2013' Process Flow-Through: 105 - Statement - Condensed Consolidated Balance Sheets (Parenthetical) Process Flow-Through: 107 - Statement - Condensed Consolidated Statements of Cash Flows hzo-20150331.xml hzo-20150331.xsd hzo-20150331_cal.xml hzo-20150331_def.xml hzo-20150331_lab.xml hzo-20150331_pre.xml true true XML 56 R38.htm IDEA: XBRL DOCUMENT v2.4.1.9
Restricted Stock Awards - Restricted Stock Award Activity (Detail) (USD $)
6 Months Ended
Mar. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Shares, Non-vested beginning balance 3,340us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
Shares, Awards granted 111,000us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
Shares, Awards vested (3,340)us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
Shares, Non-vested ending balance 111,000us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
Weighted Average Grant Date Fair Value, Non-vested beginning balance $ 6.10us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
Weighted Average Grant Date Fair Value, Awards granted $ 19.23us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
Weighted Average Grant Date Fair Value, Awards vested $ 6.10us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
Weighted Average Grant Date Fair Value, Non-vested ending balance $ 19.23us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
XML 57 R20.htm IDEA: XBRL DOCUMENT v2.4.1.9
Commitments and Contingencies
6 Months Ended
Mar. 31, 2015
Commitments and Contingencies Disclosure [Abstract]  
Commitments and Contingencies
14. COMMITMENTS AND CONTINGENCIES:

We are party to various legal actions arising in the ordinary course of business. We believe that these matters should not have a material adverse effect on our consolidated financial condition, results of operations, or cash flows.