0001174947-13-000078.txt : 20130227 0001174947-13-000078.hdr.sgml : 20130227 20130227165737 ACCESSION NUMBER: 0001174947-13-000078 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 13 CONFORMED PERIOD OF REPORT: 20121231 FILED AS OF DATE: 20130227 DATE AS OF CHANGE: 20130227 FILER: COMPANY DATA: COMPANY CONFORMED NAME: STURM RUGER & CO INC CENTRAL INDEX KEY: 0000095029 STANDARD INDUSTRIAL CLASSIFICATION: ORDNANCE & ACCESSORIES, (NO VEHICLES/GUIDED MISSILES) [3480] IRS NUMBER: 060633559 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-10435 FILM NUMBER: 13647565 BUSINESS ADDRESS: STREET 1: 1 LACEY PLACE CITY: SOUTHPORT STATE: CT ZIP: 06490 BUSINESS PHONE: 2032597843 MAIL ADDRESS: STREET 2: 1 LACEY PLACE CITY: SOUTHPORT STATE: CT ZIP: 06490 10-K 1 c335807_10k.htm FORM 10-K

 

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 10-K

 

FOR ANNUAL AND TRANSITION REPORTS

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

 

(Mark One)

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

For the fiscal year ended December 31, 2012

 

OR

 

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

For the transition period from ____________ to ___________

 

Commission File Number 0-4776

 

STURM, RUGER & COMPANY, INC.

(Exact Name of Registrant as Specified in Its Charter)

 

Delaware 06-0633559
(State or Other Jurisdiction of (I.R.S. Employer
Incorporation or Organization) Identification No.)
   
Lacey Place, Southport, Connecticut 06890
 (Address of Principal Executive Offices)  (Zip Code)

 

(203) 259-7843

(Registrant’s telephone number, including area code)

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of Each Class

Common Stock, $1 par value

Name of Each Exchange on Which Registered

New York Stock Exchange

 

Securities registered pursuant to Section 12(g) of the Act:

None

(Title of Class)

 

Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.  YES ¨ NO þ

 

Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. YES ¨ NO þ

 

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

 

Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and will not be contained, to the best of registrant's knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K þ.

 

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, or a non-accelerated filer. See definition of “accelerated filer and large accelerated filer” in Rule 12b-2 of the Exchange Act. Large accelerated filer þ Accelerated filer ¨ Non-accelerated filer ¨ 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 þ 

 

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).

YES þ NO ¨

 

The aggregate market value of the voting and non-voting common equity held by non-affiliates of the registrant computed by reference to the price at which the common equity was last sold, or the average bid and asked price of such common equity, as of June 30, 2012:

Common Stock, $1 par value - $743,661,000

 

The number of shares outstanding of the registrant's common stock as of February 15, 2013:

Common Stock, $1 par value –19,263,000 shares

 

DOCUMENTS INCORPORATED BY REFERENCE.

 

Portions of the registrant’s Proxy Statement relating to the 2013 Annual Meeting of Stockholders to be held April 30, 2013 are incorporated by reference into Part III (Items 10 through 14) of this Report.

 

 
 

 

TABLE OF CONTENTS

 

  PART I  
     
Item 1. Business  4
     
Item 1A. Risk Factors 10
     
Item 1B. Unresolved Staff Comments 13
     
Item 2. Properties 13
     
Item 3. Legal Proceedings 14
     
Item 4. Mine Safety Disclosures 14
     
  PART II  
     
Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities 14
     
Item 6. Selected Financial Data 18
     
Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations 19
     
Item 7A. Quantitative and Qualitative Disclosures About Market Risk 41
     
Item 8. Financial Statements and Supplementary Data 42
     
Item 9. Changes in and Disagreements With Accountants on Accounting and Financial Disclosure 70
     
Item 9A. Controls and Procedures 70
     
Item 9B. Other Information 71
     
  PART III  
     
Item 10. Directors, Executive Officers and Corporate Governance 72
     
Item 11. Executive Compensation 72
     
Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters 72
     
Item 13. Certain Relationships and Related Transactions, and Director Independence 72
     
Item 14. Principal Accountant Fees and Services 72

 

  PART IV  
     
Item 15. Exhibits and Financial Statement Schedules 73
     
Signature 78
Exhibit Index 79
Financial Statement Schedule 84
Exhibits  

 

2
 

 

EXPLANATORY NOTE:

 

In this Annual Report on Form 10-K, Sturm, Ruger & Company, Inc. (the “Company”) makes forward-looking statements and projections concerning future expectations. Such statements are based on current expectations and are subject to certain qualifying risks and uncertainties, such as market demand, sales levels of firearms, anticipated castings sales and earnings, the need for external financing for operations or capital expenditures, the results of pending litigation against the Company, the impact of future firearms control and environmental legislation, and accounting estimates, any one or more of which could cause actual results to differ materially from those projected. Words such as “expect,” “believe,” “anticipate,” “intend,” “estimate,” “will,” “should,” “could” and other words and terms of similar meaning, typically identify such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made. The Company undertakes no obligation to publish revised forward-looking statements to reflect events or circumstances after the date such forward-looking statements are made or to reflect the occurrence of subsequent unanticipated events.

 

3
 

 

PART I

 

ITEM 1—BUSINESS

 

Company Overview

 

Sturm, Ruger & Company, Inc. (the “Company”) is principally engaged in the design, manufacture, and sale of firearms to domestic customers. Approximately 99% of the Company’s total sales for the year ended December 31, 2012 were from the firearms segment, and approximately 1% was from investment castings. Export sales represent approximately 3% of firearms sales. The Company’s design and manufacturing operations are located in the United States and almost all product content is domestic.

 

The Company has been in business since 1949 and was incorporated in its present form under the laws of Delaware in 1969. The Company offers products in three industry product categories – rifles, pistols, and revolvers. The Company’s firearms are sold through independent wholesale distributors, principally to the commercial sporting market.

 

The Company manufactures and sells investment castings made from steel alloys for both outside customers and internal use in the firearms segment. Investment castings sold to outside customers, either directly to or through manufacturers’ representatives, represented approximately 1% of the Company’s total sales for the year ended December 31, 2012.

 

For the years ended December 31, 2012, 2011, and 2010, net sales attributable to the Company's firearms operations were approximately $484.9 million, $324.2 million and $251.7 million or approximately 99%, 99%, and 99%, respectively, of total net sales. The balance of the Company's net sales for the aforementioned periods was attributable to its investment castings operations.

 

Firearms Products

 

The Company presently manufactures firearm products, under the “Ruger” name and trademark, in the following industry categories:

 

Rifles Revolvers
  · Single-shot   · Single-action
  · Autoloading   · Double-action
  · Bolt-action      
  · Modern sporting      

 

Pistols  
  · Rimfire autoloading  
  · Centerfire autoloading  

 

Most firearms are available in several models based upon caliber, finish, barrel length, and other features.

 

Rifles

A rifle is a long gun with spiral grooves cut into the interior of the barrel to give the bullet a stabilizing spin after it leaves the barrel. Sales of rifles by the Company accounted for approximately $143.9 million, $83.4 million, and $63.5 million of revenues for the years 2012, 2011, and 2010, respectively.

 

4
 

 

Pistols

A pistol is a handgun in which the ammunition chamber is an integral part of the barrel and which typically is fed ammunition from a magazine contained in the grip. Sales of pistols by the Company accounted for approximately $216.5 million, $150.0 million, and $108.1 million of revenues for the years 2012, 2011, and 2010, respectively.

 

Revolvers

A revolver is a handgun that has a cylinder that holds the ammunition in a series of chambers which are successively aligned with the barrel of the gun during each firing cycle. There are two general types of revolvers, single-action and double-action. To fire a single-action revolver, the hammer is pulled back to cock the gun and align the cylinder before the trigger is pulled. To fire a double-action revolver, a single trigger pull advances the cylinder and cocks and releases the hammer. Sales of revolvers by the Company accounted for approximately $92.7 million, $69.9 million, and $67.1 million of revenues for the years 2012, 2011, and 2010, respectively.

 

Accessories

The Company also manufactures and sells accessories and replacement parts for its firearms. These sales accounted for approximately $31.8 million, $20.2 million, and $11.5 million of revenues for the years 2012, 2011, and 2010, respectively.

 

Investment Casting Products

 

Net sales attributable to the Company’s investment casting operations (excluding intercompany transactions) accounted for approximately $6.9 million, $4.6 million, and $3.5 million, or approximately 1% of revenues for 2012, 2011, and 2010, respectively.

 

Manufacturing

 

Firearms

The Company produces one model of pistol and all of its rifles and revolvers at the Newport, New Hampshire facility. All other pistols are produced at the Prescott, Arizona facility.

 

Many of the basic metal component parts of the firearms manufactured by the Company are produced by the Company's castings facility through a process known as precision investment casting. See "Manufacturing-Investment Castings" for a description of the investment casting process. The Company initiated the use of this process in the production of component parts for firearms in 1953. The Company believes that the investment casting process provides greater design flexibility and results in component parts which are generally close to their ultimate shape and, therefore, require less machining than processes requiring machining a solid billet of metal to obtain a part. Through the use of investment castings, the Company endeavors to produce durable and less costly component parts for its firearms.

 

All assembly, inspection, and testing of firearms manufactured by the Company are performed at the Company's manufacturing facilities. Every firearm, including every chamber of every revolver manufactured by the Company, is test-fired prior to shipment.

 

5
 

 

Investment Castings

To produce a product by the investment casting method, a wax model of the part is created and coated (“invested”) with several layers of ceramic material. The shell is then heated to melt the interior wax, which is poured off, leaving a hollow mold. To cast the desired part, molten metal is poured into the mold and allowed to cool and solidify. The mold is then broken off to reveal a near net shape cast metal part.

 

Marketing and Distribution

 

Firearms

The Company's firearms are primarily marketed through a network of federally licensed, independent wholesale distributors who purchase the products directly from the Company. They resell to federally licensed, independent retail firearms dealers who in turn resell to legally authorized end users. All retail purchasers are subject to a point-of-sale background check by law enforcement. These end users include sportsmen, hunters, people interested in self-defense, law enforcement and other governmental organizations, and gun collectors. Each distributor carries the entire line of firearms manufactured by the Company for the commercial market. Currently, 14 distributors service the domestic commercial market, with an additional 20 distributors servicing the domestic law enforcement market and two distributors servicing the Canadian market.

 

In 2012, the Company’s largest customers and the percent of total sales they represented were as follows: Davidson’s-17%; Jerry’s/Ellett Brothers-14%; Lipsey’s-13%; and Sports South-12%. In 2011, the Company’s largest customers and the percent of total sales they represented were as follows: Jerry’s/Ellett Brothers-15%; Davidson’s-14%; Sports South-12%; and Lipsey’s-12%. In 2010, the Company’s largest customers and the percent of total sales they represented were as follows: Jerry’s/Ellett Brothers-16%; Davidson’s-12%; Lipsey’s-11%; and Sports South-11%.

 

The Company employs nine employees and one independent contractor who service these distributors and call on retailers and law enforcement agencies. Because the ultimate demand for the Company's firearms comes from end users rather than from the independent wholesale distributors, the Company believes that the loss of any distributor would not have a material, long-term adverse effect on the Company, but may have a material adverse effect on the Company’s financial results for a particular period. The Company considers its relationships with its distributors to be satisfactory.

 

The Company also exports its firearms through a network of selected commercial distributors and directly to certain foreign customers, consisting primarily of law enforcement agencies and foreign governments. Foreign sales were less than 6% of the Company's consolidated net sales for each of the past three fiscal years.

 

The Company does not consider its overall firearms business to be predictably seasonal; however, orders of many models of firearms from the distributors tend to be stronger in the first quarter of the year and weaker in the third quarter of the year. This is due in part to the timing of the distributor show season, which occurs during the first quarter.

 

6
 

 

Investment Castings

The investment castings segment provides castings for the Company’s firearms segment. In addition, the investment castings segment produces various products for a number of customers in a variety of industries, including approximately 20 firearms and firearms component manufacturers.

 

Competition

 

Firearms

Competition in the firearms industry is intense and comes from both foreign and domestic manufacturers. While some of these competitors concentrate on a single industry product category such as rifles or pistols, several competitors manufacture products in all four industry categories (rifles, shotguns, pistols, and revolvers). Some of these competitors are subsidiaries of larger corporations than the Company with substantially greater financial resources than the Company, which could affect the Company’s ability to compete. The principal methods of competition in the industry are product innovation, quality, availability, and price. The Company believes that it can compete effectively with all of its present competitors.

 

Investment Castings

There are a large number of investment castings manufacturers, both domestic and foreign, with which the Company competes. Competition varies based on the type of investment castings products and the end use of the product (commercial, sporting goods, or military). Companies offering alternative methods of manufacturing such as metal injection molding (MIM), wire electric discharge machining (EDM) and advancements in computer numeric controlled (CNC) machining also compete with the Company’s investment castings segment. Many of these competitors are larger corporations than the Company with substantially greater financial resources than the Company, which could affect the Company’s ability to compete with these competitors. The principal methods of competition in the industry are quality, price, and production lead time.

 

Employees

 

As of February 1, 2013, the Company employed approximately 1,460 full-time employees of which approximately 38% had at least ten years of service with the Company. The Company uses temporary employees to supplement its workforce. As of February 1, 2013, there were approximately 580 temporary employees.

 

None of the Company's employees are subject to a collective bargaining agreement.

 

Research and Development

 

In 2012, 2011, and 2010, the Company spent approximately $5.9 million, $4.0 million, and $3.2 million, respectively, on research activities relating to the development of new products and the improvement of existing products. As of February 1, 2013, the Company had approximately 89 employees whose primary responsibilities were research and development activities.

 

7
 

 

Patents and Trademarks

 

The Company owns various United States and foreign patents and trademarks which have been secured over a period of years and which expire at various times. It is the policy of the Company to apply for patents and trademarks whenever new products or processes deemed commercially valuable are developed or marketed by the Company. However, none of these patents and trademarks are considered to be fundamental to any important product or manufacturing process of the Company and, although the Company deems its patents and trademarks to be of value, it does not consider its business materially dependent on patent or trademark protection.

 

Environmental Matters

 

The Company is committed to achieving high standards of environmental quality and product safety, and strives to provide a safe and healthy workplace for its employees and others in the communities in which it operates. The Company has programs in place that monitor compliance with various environmental regulations. However, in the normal course of its manufacturing operations the Company is subject to governmental proceedings and orders pertaining to waste disposal, air emissions, and water discharges into the environment. These regulations are integrated into the Company’s manufacturing, assembly, and testing processes. The Company believes that it is generally in compliance with applicable environmental regulations and that the outcome of any environmental proceedings and orders will not have a material adverse effect on the financial position of the Company, but could have a material adverse effect on the financial results for a particular period.

 

Executive Officers of the Company

 

Set forth below are the names, ages, and positions of the executive officers of the Company. Officers serve at the discretion of the Board of Directors of the Company.

 

Name   Age   Position With Company
         
Michael O. Fifer   55   President and Chief Executive Officer
         
Thomas A. Dineen   44   Vice President, Treasurer and Chief Financial Officer
         
Christopher J. Killoy   54   Vice President of Sales and Marketing
         
Mark T. Lang   56   Group Vice President
         
Thomas P. Sullivan   52   Vice President of Newport Operations
         
Kevin B. Reid, Sr.   52   Vice President and General Counsel
         
Steven M. Maynard   58   Vice President of Lean Business Development
         
Leslie M. Gasper   59   Corporate Secretary
         

 

8
 

 

Michael O. Fifer joined the Company as Chief Executive Officer on September 25, 2006, and was named to the Board of Directors on October 19, 2006. Mr. Fifer was named President on April 23, 2008.

 

Thomas A. Dineen became Vice President on May 24, 2006. Previously he served as Treasurer and Chief Financial Officer since May 6, 2003 and had been Assistant Controller since 2001. Prior to that, Mr. Dineen had served as Manager, Corporate Accounting since 1997.

 

Christopher J. Killoy rejoined the Company as Vice President of Sales and Marketing on November 27, 2006. Mr. Killoy originally joined the Company in 2003 as Executive Director of Sales and Marketing, and subsequently served as Vice President of Sales and Marketing from November 1, 2004 to January 25, 2005.

 

Mark T. Lang joined the Company as Group Vice President on February 18, 2008. Mr. Lang is responsible for management of the Prescott Firearms Division and the Company’s acquisition efforts. Prior to joining the Company, Mr. Lang was President of the Custom Products Business at Mueller Industries, Inc. Prior to joining Mueller, Mr. Lang was the Vice President of Operations for the Automotive Division of Thomas and Betts, Inc.

 

Thomas P. Sullivan joined the Company as Vice President of Newport Operations for the Newport, New Hampshire Firearms and Pine Tree Castings divisions on August 14, 2006.

 

Kevin B. Reid, Sr. became Vice President and General Counsel on April 23, 2008. Previously he served as the Company’s Director of Marketing from June 4, 2007. Mr. Reid joined the Company in July 2001 as an Assistant General Counsel.

 

Steven M. Maynard joined the Company as Vice President of Lean Business Development on April 24, 2007. Prior to joining the Company, Mr. Maynard served as Vice President of Engineering and CIO at the Wiremold Company.

 

Leslie M. Gasper has been Secretary of the Company since 1994. Prior to that, Ms. Gasper was the Administrator of the Company’s pension plans.

 

Where You Can Find More Information

 

The Company is subject to the informational requirements of the Securities and Exchange Act of 1934, as amended (the "Exchange Act"), and accordingly files its Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, Definitive Proxy Statements, Current Reports on Form 8-K, and other information with the Securities and Exchange Commission (the "SEC"). The public may read and copy any materials filed with the SEC at the SEC's Public Reference Room at 100 F Street NE, Washington, DC 20549. Please call the SEC at (800) SEC-0330 for further information on the Public Reference Room. As an electronic filer, the Company's public filings are maintained on the SEC's Internet site that contains reports, proxy and information statements, and other information regarding issuers that file electronically with the SEC. The address of that website is http://www.sec.gov.

 

9
 

 

The Company files its Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, Definitive Proxy Statements, Current Reports on Form 8-K and amendments to those reports filed or furnished pursuant to Section 13(a) or 15(d) of the Exchange Act accessible free of charge through the Company's Internet site after the Company has electronically filed such material with, or furnished it to, the SEC. The address of that website is http://www.ruger.com. However, such reports may not be accessible through the Company's website as promptly as they are accessible on the SEC’s website.

 

Additionally, the Company’s corporate governance materials, including its Corporate Governance Guidelines, the charters of the Audit, Compensation, and Nominating and Corporate Governance committees, and the Code of Business Conduct and Ethics may also be found under the “Stockholder Relations” section of the Company’s Internet site at http://www.ruger.com. A copy of the foregoing corporate governance materials is available upon written request to the Corporate Secretary at Sturm, Ruger & Company, Inc., Lacey Place, Southport, Connecticut 06890.

 

ITEM 1A—RISK FACTORS

 

The Company’s operations could be affected by various risks, many of which are beyond its control. Based on current information, the Company believes that the following identifies the most significant risk factors that could adversely affect its business. Past financial performance may not be a reliable indicator of future performance and historical trends should not be used to anticipate results or trends in future periods.

 

In evaluating the Company’s business, the following risk factors, as well as other information in this report, should be carefully considered.

 

Changes in government policies and firearms legislation could adversely affect the Company’s financial results.

The sale, purchase, ownership, and use of firearms are subject to thousands of federal, state and local governmental regulations. The basic federal laws are the National Firearms Act, the Federal Firearms Act, and the Gun Control Act of 1968. These laws generally prohibit the private ownership of fully automatic weapons and place certain restrictions on the interstate sale of firearms unless certain licenses are obtained. The Company does not manufacture fully automatic weapons and holds all necessary licenses under these federal laws. Several states currently have laws in effect similar to the aforementioned legislation.

 

Until November 30, 1998, the “Brady Law” mandated a nationwide five-day waiting period and background check prior to the purchase of a handgun. As of November 30, 1998, the National Instant Check System, which applies to both handguns and long guns, replaced the five-day waiting period. The Company believes that the “Brady Law” and the National Instant Check System have not had a significant effect on the Company’s sales of firearms, nor does it anticipate any significant impact on sales in the future. On September 13, 1994, the “Violent Crime Control and Law Enforcement Act” banned so-called “assault weapons.” All the Company’s then-manufactured commercially-sold long guns were exempted by name as “legitimate sporting firearms.” This ban expired by operation of law on September 13, 2004. The Company remains strongly opposed to laws which would restrict the rights of law-abiding citizens to lawfully acquire firearms.

 

Currently, federal and several states’ legislatures are considering additional legislation relating to the regulation of firearms. These proposed bills are extremely varied, but many seek either to restrict or ban the sale and, in some cases, the ownership of various types of firearms. There also are several legislative proposals to limit magazine capacity.

 

10
 

 

The Company believes that the lawful private ownership of firearms is guaranteed by the Second Amendment to the United States Constitution and that the widespread private ownership of firearms in the United States will continue. However, there can be no assurance that the regulation of firearms will not become more restrictive in the future and that any such restriction would not have a material adverse effect on the business of the Company.

 

The Company’s results of operations could be further adversely affected if legislation with diverse requirements is enacted.

With literally thousands of laws being proposed at the federal, state and local levels, if even a small percentage of these laws are enacted and they are incongruent, the Company could find it difficult, expensive or even practically impossible to comply with them, impeding new product development and distribution of existing products.

 

The Company’s results of operations could be adversely affected by litigation.

The Company faces risks arising from various asserted and unasserted litigation matters. These matters include, but are not limited to, assertions of allegedly defective product design or manufacture, alleged failure to warn, purported class actions against firearms manufacturers, generally seeking relief such as medical expense reimbursement, property damages, and punitive damages arising from accidents involving firearms or the criminal misuse of firearms, and those lawsuits filed on behalf of municipalities alleging harm to the general public. Various factors or developments can lead to changes in current estimates of liabilities such as final adverse judgment, significant settlement or changes in applicable law. A future adverse outcome in any one or more of these matters could have a material adverse effect on the Company’s financial results. See Note 16 to the financial statements which are included in this Annual Report on Form 10-K.

 

The Company’s results of operations could be adversely affected by a decrease in demand for our products.

If demand for our products decreases significantly, we would be unable to efficiently utilize our capacity, and our profitability would suffer. Decreased demand could result from a macroeconomic downturn, such as sequestration, or could be specific to the firearms industry. If the decrease in demand occurs abruptly, the adverse impact would be even greater.

 

The Company must comply with various laws and regulations pertaining to workplace safety and environment, environmental matters, and firearms manufacture.

In the normal course of its manufacturing operations, the Company is subject to numerous federal, state and local laws and governmental regulations and related state laws, and governmental proceedings and orders. These laws and regulations pertain to workplace safety and environment, firearms serial number tracking and control, waste disposal, air emissions and water discharges into the environment. Noncompliance with any one or more of these laws and regulations could have a material adverse impact on the Company.

 

Business disruptions at one of the Company’s manufacturing facilities could adversely affect the Company’s financial results.

The Newport, New Hampshire and Prescott, Arizona facilities are critical to the Company’s success. These facilities house the Company’s principal production, research, development, engineering, design, and shipping operations. Any event that causes a disruption of the operation of either of these facilities for even a relatively short period of time could have a material adverse effect on the Company’s ability to produce and ship products and to provide service to its customers.

 

11
 

 

Price increases for raw materials could adversely affect the Company’s financial results.

Third parties supply the Company with various raw materials for its firearms and castings, such as fabricated steel components, walnut, birch, beech, maple and laminated lumber for rifle stocks, wax, ceramic material, metal alloys, various synthetic products and other component parts. There is a limited supply of these materials in the marketplace at any given time, which can cause the purchase prices to vary based upon numerous market factors. The Company believes that it has adequate quantities of raw materials in inventory or on order to provide ample time to locate and obtain additional items at then-current market cost without interruption of its manufacturing operations. However, if market conditions result in a significant prolonged inflation of certain prices or if adequate quantities of raw materials can not be obtained, the Company’s manufacturing processes could be interrupted and the Company’s financial condition or results of operations could be materially adversely affected.

 

The transition to a new enterprise resource planning (“ERP”) system could cause disruption to the Company’s operations.

The Company is transitioning to a new ERP system and has converted all of its manufacturing facilities and its support functions during the past two years. If the ERP system does not perform as expected, it could impede the Company’s ability to manufacture products, order materials, generate management reports, invoice customers, and comply with laws and regulations. Any of these types of disruptions could have a material adverse effect on the financial position and the financial results of the Company.

 

Retention of key management is critical to the success of the Company.

We rely on the management and leadership skills of our senior management team. Our senior executives are not bound by employment agreements. The loss of the services of one or more of our senior executives or other key personnel could have a significant adverse impact on our business.

 

The healthcare legislation passed in 2010 could have a material adverse impact on the Company.

Certain provisions of the recently passed federal healthcare legislation, in particular the “unlimited lifetime benefit” which eliminated the practice of capping the amount of medical benefits available to an individual, could have a material adverse effect on the Company’s financial position.  The Company self insures the cost of the medical benefits for its employees up to an annual and lifetime maximum per individual.  It supplements this self-insurance with “stop loss” insurance for costs incurred above these maximum thresholds.  In the past, the medical benefit costs for several Company employees each year have exceeded this maximum, in some cases significantly. It is the Company’s expectation that if it is forced to provide an “unlimited lifetime benefit” its medical costs would likely increase significantly, which would have a material adverse effect on its financial condition.

 

Keeping Pace with Retail Demand

There has been a substantial increase in demand for our products in recent years. If the Company continues to grow at a significant rate, additional manufacturing space will be required. If we are unable to keep pace with the increasing demand for our products, our revenues could be impaired, market acceptance of our products could be adversely affected and our customers might instead purchase our competitors’ products.

 

12
 

 

ITEM 1B—UNRESOLVED STAFF COMMENTS

 

None.

 

ITEM 2—PROPERTIES

 

The Company’s manufacturing operations are carried out at two facilities. The following table sets forth certain information regarding each of these facilities:

 

   Approximate
Aggregate Usable
Square Feet
   Status   Segment 
             
Newport, New Hampshire   350,000    Owned    Firearms/Castings 
Prescott, Arizona   230,000    Leased    Firearms 

 

Each facility contains enclosed ranges for testing firearms and also contains modern tool room facilities. The lease of the Prescott facility provides for rental payments, which are approximately equivalent to estimated rates for real property taxes.

 

The Company has three other facilities that were not used in its manufacturing operations in 2012:

 

   Approximate
Aggregate Usable
Square Feet
   Status   Segment 
             
Southport, Connecticut (Lacey Place property)   25,000   Owned   Corporate 
                
Newport, New Hampshire (Dorr Woolen Building)    45,000  

Owned

  

Firearms

 
                
Enfield, Connecticut   10,000   Leased   Firearms 

 

There are no mortgages or any other major encumbrance on any of the real estate owned by the Company.

 

The Company’s principal executive offices are located in Southport, Connecticut. If the Company continues to grow at a significant rate, additional manufacturing space will be required.

 

13
 

 

ITEM 3—LEGAL PROCEEDINGS

 

The nature of the legal proceedings against the Company is discussed at Note 16 to the financial statements, which are included in this Annual Report on Form 10-K.

 

The Company has reported all cases instituted against it through September 29, 2012, and the results of those cases, where terminated, to the SEC on its previous Quarterly Reports on Form 10-Q and Annual Reports on 10-K, to which reference is hereby made.

 

During the three months ending December 31, 2012, no cases were formally instituted against the Company.

 

During the three months ending December 31, 2012, the previously reported case of Howard Cook, Jr. vs. Sturm, Ruger & Co, et al., was dismissed, with prejudice.

 

ITEM 4—MINE SAFETY DISCLOSURES – NOT APPLICABLE

 

PART II

 

ITEM 5—MARKET FOR REGISTRANT'S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES

 

The Company’s common stock is traded on the New York Stock Exchange under the symbol “RGR.” At February 1, 2013, the Company had 1,773 stockholders of record.

 

The following table sets forth, for the periods indicated, the high and low sales prices for the Company’s common stock as reported on the New York Stock Exchange and dividends paid on the Company’s common stock.

 

   High   Low   Dividends
Per Share
 
2011:               
First Quarter  $23.23   $14.65   $0.050 
Second Quarter   24.05    18.65    0.097 
Third Quarter   36.85    21.91    0.142 
Fourth Quarter   34.95    23.86    0.141 
                
2012:               
First Quarter  $50.72   $33.13   $0.212 
Second Quarter   58.42    34.22    0.324 
Third Quarter   52.03    39.13    0.377 
Fourth Quarter   60.11    40.00    4.882 

 

14
 

 

Issuer Repurchase of Equity Securities

 

In 2012, the Company did not repurchase any shares of its common stock.

 

In 2011, the Company repurchased 133,400 shares of its common stock, representing 0.7% of the then outstanding shares, in the open market at an average price of $14.94 per share.

 

In 2010, the Company repurchased 412,000 shares of its common stock, representing 2.1% of the then outstanding shares, in the open market at an average price of $13.83 per share.

 

15
 

 

Comparison of Five-Year Cumulative Total Return*

Sturm, Ruger & Co., Inc., Standard & Poor’s 500, Value Line Recreation Index, and Smith & Wesson Holding Corporation

(Performance Results Through 12/31/12)

 

 

Assumes $100 invested at the close of trading 12/07 in Sturm, Ruger & Co., Inc. common stock, Standard & Poor’s 500, Value Line Recreation Index, and Smith & Wesson Holding Corporation.

 

*Cumulative total return assumes reinvestment of dividends.

 

Source: Value Line Publishing LLC

 

Factual material is obtained from sources believed to be reliable, but the publisher is not responsible for any errors or omissions contained herein.

 

   2007   2008   2009   2010   2011   2012 
Sturm, Ruger & Co., Inc.   100.00    72.10    120.36    193.94    431.60    602.12 
Standard & Poor’s 500   100.00    63.00    79.67    91.67    93.60    108.58 
Value Line Recreation Index   100.00    63.20    103.45    155.21    143.04    192.00 
Smith & Wesson Holding Corporation   100.00    37.21    67.05    61.31    71.48    138.36 

 

16
 

 

Securities Authorized for Issuance Under Equity Compensation Plans

 

The following table provides information regarding compensation plans under which equity securities of the Company are authorized for issuance as of December 31, 2012:

 

Equity Compensation Plan Information
Plan category  Number of securities to
be issued upon exercise of
outstanding options,
warrants and rights
(a)
   Weighted-average
exercise price of
outstanding options,
warrants and rights
(b) *
   Number of securities
remaining available for
future issuance under
equity compensation
plans (excluding
securities reflected in
column (a))
(c)
 
Equity compensation plans approved by security holders               
                
2001 Stock Option Plan for Non-Employee Directors   12,880   $6.15 per share    - 
2007 Stock Incentive Plan   107,580   $8.87 per share    830,000 
                
Equity compensation plans not approved by security holders                
None.               
Total   120,460   $8.58 per share    830,000 

 

*Restricted stock units are settled in shares of common stock on a one-for-one basis. Accordingly, such units have been excluded for purposes of computing the weighted-average exercise price.

 

17
 

 

 

ITEM 6—SELECTED FINANCIAL DATA

 

(Dollars in thousands, except per share data)
December 31,
   2012   2011   2010   2009   2008 
Net firearms sales  $484,933   $324,200   $251,680   $266,566   $174,416 
Net castings sales   6,891    4,616    3,526    4,419    7,067 
Total net sales   491,824    328,816    255,206    270,985    181,483 
Cost of products sold   312,871    217,058    171,224    183,380    138,730 
Gross profit   178,953    111,758    83,982    87,605    42,753 
Income before income taxes   112,109    63,516    44,149    44,360    13,978 
Income taxes   41,480    23,501    15,894    16,857    5,312 
Net income   70,629    40,015    28,255    27,503    8,666 
Basic earnings per share   3.69    2.12    1.48    1.44    0.43 
Diluted earnings per share   3.60    2.09    1.46    1.42    0.43 
Cash dividends per share  $5.80   $0.43   $0.33   $0.31   $0.00 

 

December 31,
   2012   2011   2010   2009   2008 
Working capital  $37,430   $96,646   $71,885   $65,377   $46,250 
Total assets   174,486    206,510    157,761    141,679    112,760 
Total stockholders’ equity   95,032    137,391    114,480    95,516    65,603 
Book value per share  $4.93   $7.20   $6.08   $5.01   $3.44 
Return on stockholders’ equity   60.8%   32.0%   26.9%   34.1%   12.2%
Current ratio   1.6 to 1    3.0 to 1    3.2 to 1    3.0 to 1    2.6 to 1 
Common shares outstanding   19,263,000    19,083,100    18,837,300    19,072,800    19,047,300 
Number of stockholders of record   1,771    1,860    1,841    1,827    1,841 
Number of employees   1,441    1,224    1,164    1,145    1,145 

 

18
 

 

ITEM 7— MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

 

Company Overview

 

Sturm, Ruger & Company, Inc. (the “Company”) is principally engaged in the design, manufacture, and sale of firearms to domestic customers. Approximately 99% of the Company’s total sales for 2012 were firearms sales, and 1% was investment castings sales. Export sales represent approximately 3% of total sales. The Company’s design and manufacturing operations are located in the United States and almost all product content is domestic. The Company’s firearms are sold through a select number of independent wholesale distributors, principally to the commercial sporting market.

 

The Company also manufactures investment castings made from steel alloys for internal use in its firearms and for sale to unaffiliated, third-party customers.

 

Orders of many models of firearms from the independent distributors tend to be stronger in the first quarter of the year and weaker in the third quarter of the year. This is due in part to the timing of the distributor show season, which occurs during the first quarter.

 

Results of Operations - 2012

 

Product Demand

 

Demand for the Company’s products remained very strong throughout 2012. We believe this strong demand for our products was due to:

·the Company’s continued practice of introducing innovative and exciting new products,

·new shooters joining the ranks of gun owners,
 ·the current political environment that favorably impacted the entire firearms industry, and
·increased manufacturing capacity and greater product availability for certain products in strong demand.

 

New product introductions in 2012 included the 10/22 TakeDown rifle, the Ruger American Rifle, the SR22 pistol, the 22/45 Lite pistol, and the Single-Nine revolver. New products represented $182.0 million or 38% of firearm sales in 2012, compared to $98.6 million or 30% of firearms sales in 2011.

 

The estimated sell-through of the Company’s products from the independent distributors to retailers increased 63% in 2012 from the comparable prior year periods. For the same periods, the National Instant Criminal Background Check System (“NICS”) background checks (as adjusted by the National Shooting Sports Foundation) increased 28%.

 

19
 

 

Estimated sell-through from distributors to retailers and total NICS background checks follow:

 

   2012   2011   2010 
             
Estimated Units Sold from Distributors to Retailers (1)   1,772,800    1,085,200    901,500 
                
Total Adjusted NICS Background Checks (2)   13,780,000    10,791,000    9,436,000 

 

(1)The estimates for each period were calculated by taking the beginning inventory at the distributors, plus shipments from the Company to distributors during the period, less the ending inventory at distributors. These estimates are only a proxy for actual market demand as they:

 

·Rely on data provided by independent distributors that are not verified by the Company,
·Do not consider potential timing issues within the distribution channel, including goods-in-transit, and
·Do not consider fluctuations in inventory at retail.

 

(2)While NICS background checks are not a precise measure of retail activity, they are commonly used as a proxy for retail demand. NICS background checks are performed when the ownership of most firearms, either new or used, is transferred by a Federal Firearms Licensee. NICS background checks are also performed for permit applications, permit renewals, and other administrative reasons.  

 

The adjusted NICS data presented above was derived by the National Shooting Sports Foundation (“NSSF”) by subtracting out NICS checks that are not directly related to the sale of a firearm, including checks used for concealed carry (“CCW”) permit application checks as well as checks on active CCW permit databases. While not a direct correlation to firearms sales, the NSSF-adjusted NICS data provides a more accurate picture of current market conditions than raw NICS data.  

 

Orders Received and Ending Backlog

 

(in millions except average sales price, net of Federal Excise Tax):

 

   2012   2011   2010 
             
Orders Received  $796.7   $385.9   $229.4 
                
Average Sales Price of Orders Received  $277   $278   $272 
                
Ending Backlog  $427.1   $98.2   $34.9 
                
Average Sales Price of Ending Backlog  $283   $291   $326 

 

The increase in orders received and the increase in the ending backlog in 2012 are due primarily to strong demand for new products and certain mature products.

 

20
 

 

Production

 

Total unit production in 2012 increased 52% from 2011. This increase in unit production resulted from investment in incremental capacity for new product introductions and from the utilization of lean methodologies for continuous improvement in our operations. Our increase in production was facilitated by $27.3 million of capital expenditures during 2012. These capital expenditures exceeded depreciation by approximately $13.0 million during 2012, which represented an approximate 7% increase to our capital equipment base.

 

Annual Summary Unit Data

 

Firearms unit data for orders, production, shipments and backorders follows:

 

   2012   2011   2010 
             
Units Ordered   2,879,200    1,388,100    842,700 
                
Units Produced   1,697,800    1,114,700    906,200 
                
Units Shipped   1,696,400    1,123,100    903,200 
                
Average Sales Price  $286   $289   $279 
                
Units on Backorder   1,507,200    337,400    106,800 

 

Inventories

 

The Company’s finished goods inventory decreased 600 units during 2012 and remains below optimal levels to support rapid fulfillment of distributor demand. The Company has a goal of replenishing its finished goods inventory in future periods to levels that will better serve its customers. This replenishment could increase the FIFO value of finished goods inventory by as much as $15 million from the current level upon the attainment of the desired levels of finished goods inventory.

 

Distributor inventories of the Company’s products decreased 76,400 units during 2012 and are significantly below the optimal level to support rapid fulfillment of retailer demand.

 

21
 

 

Inventory data follows:

   December 31, 
   2012   2011   2010 
Units – Company Inventory   15,600    16,200    23,600 
                
Units – Distributor Inventory (3)   59,200    135,600    97,700 
                
Total inventory (4)   74,800    151,800    121,300 

 

(3)Distributor ending inventory as provided by the independent distributors of the Company’s products. These numbers do not include goods-in-transit inventory that has been shipped from the Company but not yet received by the distributors.

 

(4)This total does not include inventory at retailers. The Company does not have access to data on retailer inventories.

 

Year ended December 31, 2012, as compared to year ended December 31, 2011:

 

Net Sales

 

Consolidated net sales were $491.8 million in 2012. This represents an increase of $163.0 million or 49.6% from 2011 consolidated net sales of $328.8 million.

 

Firearms segment net sales were $484.9 million in 2012. This represents an increase of $160.7 million or 49.7% from 2011 firearm net sales of $324.2 million. Firearms unit shipments increased 51.0% in 2012.

 

Casting segment net sales were $6.9 million in 2012. This represents an increase of $2.3 million or 50.0% from 2011 casting sales of $4.6 million.

 

Cost of Products Sold and Gross Profit

 

Consolidated cost of products sold was $312.9 million in 2012. This represents an increase of $95.8 million or 44.1% from 2011 consolidated cost of products sold of $217.1 million.

 

22
 

 

The gross margin was 36.4% in 2012. This represents an increase from the 2011 gross margin of 34.0% as illustrated below:

 

(in thousands) 
Year Ended December 31,  2012   2011 
                 
Net sales  $491,824    100.0%  $328,816    100.0%
                     
Cost of products sold, before LIFO, overhead and labor rate adjustments to inventory, and product liability   310,674    63.2%   214,524    65.2%
                     
LIFO expense   1,159    0.3%   122    0%
                     
Overhead rate adjustments to inventory   665    0.1%   700    0.3%
                     
Labor rate adjustments to inventory   196    0%   95    0%
                     
Product liability   177    0%   1,617    0.5%
                     
Total cost of products sold   312,871    63.6%   217,058    66.0%
                     
Gross profit  $178,953    36.4%  $111,758    34.0%

 

Cost of products sold, before LIFO, overhead and labor rate adjustments to inventory, and product liability- In 2012, cost of products sold, before LIFO, overhead and labor rate adjustments to inventory, and product liability decreased as a percentage of sales by 2.0% compared to 2011. The main contributors to this decrease include the introduction of several new products which increased overall volume thereby favorably leveraging manufacturing overhead and improved productivity from continued emphasis on lean manufacturing techniques, which was partially offset by increased direct material cost.

 

LIFO- Gross inventories increased by $6.8 million and $0.2 million in 2012 and 2011, respectively. In 2012, the Company recognized LIFO expense of $1.2 million which increased cost of products sold. In 2011, the Company recognized a LIFO expense of $0.1 million which increased cost of products sold.

 

Overhead Rate Change- The net impact on inventory in 2012 from the change in the overhead rates used to absorb overhead expenses into inventory was a decrease of $0.7 million, reflecting increased overhead efficiency. This decrease in inventory value resulted in a corresponding increase to cost of products sold in 2012. In 2011, the change in inventory value resulting from the change in the overhead rate used to absorb overhead expenses into inventory was a decrease of $0.7 million, reflecting increased overhead efficiency. This decrease in inventory value resulted in a corresponding increase to cost of products sold.

 

23
 

 

Labor Rate Adjustments- In 2012, the change in inventory value resulting from the change in the labor rates used to absorb labor expenses into inventory was a decrease of $0.2 million, reflecting increased labor efficiency. This decrease in inventory value resulted in a corresponding increase to cost of products sold. The net impact in 2010 from the change in the labor rates used to absorb labor expenses into inventory was a decrease to inventory of $0.1 million, reflecting increased labor efficiency. This decrease in inventory value resulted in a corresponding increase to cost of products sold.

 

Product Liability- This expense includes the cost of outside legal fees, insurance, and other expenses incurred in the management and defense of product liability matters. These costs totaled $0.2 million and $1.6 million in 2012 and 2011, respectively. See Note 16 to the notes to the financial statements “Contingent Liabilities” for further discussion of the Company’s product liability.

 

Gross Profit- Gross profit was $179.0 million or 36.4% of sales in 2012. This is an increase of $67.2 million from 2011 gross profit of $111.8 million or 34.0% of sales in 2011.

 

Selling, General and Administrative

 

Selling, general and administrative expenses were $67.5 million in 2012, an increase of $17.8 million from 2011, and a decrease from 15.1% of sales in 2011 to 13.7% of sales in 2012. The increase in selling, general and administrative expenses is attributable to the following:

 

·increased promotional and advertising expenses,
·increased equity and performance-based compensation expense,
·increased expenses related to the implementation of a new information technology infrastructure, and
·increased freight expense due to increased sales volume.

 

Other Operating Expenses (Income), net

 

Other operating expenses (income), net consist of the following (in thousands):

 

   2012   2011 
         
Gain on sale of operating assets  $(27)  $(83)
Frozen defined-benefit pension plan (income) expense   320    (236)
           
Total other operating (income) expenses, net  $293   $(319)

 

Operating Income

 

Operating income was $111.1 million or 22.6% of sales in 2012. This is an increase of $48.7 million from 2011 operating income of $62.4 million or 19.0% of sales.

 

24
 

 

Royalty Income

 

Royalty income was $0.8 million in 2012. This represents a decrease of $0.1 million from 2011 royalty income of $0.9 million. The decrease is primarily attributable to decreased income from licensing agreements.

 

Interest Income

 

Interest income was negligible in 2012 and 2011.

 

Interest Expense

 

Interest expense was negligible in 2012 and 2011.

 

Other Income, Net

 

Other income, net was $1.0 million in 2012, a decrease of $0.1 million from $1.1 million in 2011. This income is attributable primarily to the sale of by-products of our manufacturing processes and the gain on sale of non-operating real estate offset by the write-down of a cost basis investment.

 

Income Taxes and Net Income

 

The effective income tax rate was 37.0% in 2012 and 2011.

 

As a result of the foregoing factors, consolidated net income was $70.6 million in 2012. This represents an increase of $30.6 million from 2011 consolidated net income of $40.0 million.

 

25
 

 

Quarterly Data

 

To supplement the summary annual unit data and discussion above, the same data for the last eight quarters follows:

 

   2012 
   Q4   Q3   Q2   Q1 
                 
Units Ordered   1,069,200    318,300    291,500    1,200,100 
                     
Units Produced   463,500    436,800    418,500    379,000 
                     
Units Shipped   467,300    425,500    421,100    382,500 
                     
Estimated Units Sold from Distributors to Retailers   504,700    396,900    410,300    460,800 
                     
Total Adjusted NICS Background Checks   4,882,000    2,904,000    2,619,000    3,376,000 
                     
Average Sales Price  $295   $273   $280   $290 
                     
Units on Backorder   1,507,200    908,700    1,016,700    1,153,500 
                     
Units – Company Inventory   15,600    21,400    10,400    12,800 
                     
Units – Distributor Inventory (5)   59,200    96,600    68,000    57,200 

 

   2011 
   Q4   Q3   Q2   Q1 
                 
Units Ordered   452,300    168,700    263,500    503,500 
                     
Units Produced   302,000    289,700    281,200    241,800 
                     
Units Shipped   315,100    276,500    279,600    251,800 
                     
Estimated Units Sold from Distributors to Retailers   291,800    244,700    264,400    284,300 
                     
Total Adjusted NICS Background Checks   3,457,000    2,374,000    2,220,000    2,739,000 
                     
Average Sales Price  $289   $286   $281   $296 
                     
Units on Backorder   337,400    204,500    315,500    332,700 
                     
Units – Company Inventory   16,200    28,800    15,500    13,700 
                     
Units – Distributor Inventory (5)   135,600    112,300    80,500    65,300 

 

(5)Distributor ending inventory as provided by the independent distributors of the Company’s products.

 

26
 

 

(in millions except average sales price, net of Federal Excise Tax)

 

   2012 
   Q4   Q3   Q2   Q1 
                 
Orders Received  $310.4   $92.9   $84.6   $308.7 
                     
Average Sales Price of Orders Received  $290   $292   $290   $257 
                     
Ending Backlog  $427.1   $249.7   $273.2   $304.4 
                     
Average Sales Price of Ending Backlog  $283   $275   $269   $264 

 

   2011 
   Q4   Q3   Q2   Q1 
                 
Orders Received  $120.3   $49.6   $81.4   $134.7 
                     
Average Sales Price of Orders Received  $266   $294   $309   $268 
                     
Ending Backlog  $98.2   $69.8   $97.4   $92.9 
                     
Average Sales Price of Ending Backlog  $291   $341   $309   $279 

 

27
 

 

Fourth Quarter Gross Profit Analysis

 

The gross margin for the fourth quarter of 2012 and 2011 was 34.9% and 32.4%, respectively. Details of the gross margin are illustrated below:

 

(in thousands) 
Three Months Ended December 31,  2012   2011 
                 
Net sales  $141,767    100.0%  $93,241    100.0%
                     
Cost of products sold, before LIFO, overhead and labor rate adjustments to inventory, and product liability   92,478    65.2%   62,532    67.1%
                     
LIFO expense   200    0.1%   374    0.4%
                     
Overhead rate adjustments to inventory   (339)   (0.2)%   (141)   (0.1)%
                     
Labor rate adjustments to inventory   16    0%   (189)   (0.2)%
                     
Product liability   (49)   0%   493    0.4%
                     
Total cost of products sold   92,306    65.1%   63,069    67.6%
                     
Gross profit  $49,461    34.9%  $30,172    32.4%

 

Note: For a discussion of the captions in the above table, please see the “Cost of Products Sold and Gross Profit” discussion above.

 

28
 

 

Results of Operations - 2011

 

Year ended December 31, 2011, as compared to year ended December 31, 2010:

 

Annual Summary Unit Data

 

Firearms unit data for orders, production, shipments and ending inventory, and castings setups (a measure of foundry production) are as follows:

 

   2011   2010   2009 
             
Units Ordered   1,388,100    842,700    958,700 
                
Units Produced   1,114,700    906,200    934,300 
                
Units Shipped   1,123,100    903,200    925,800 
                
Average Sales Price  $289   $279   $288 
                
Units on Backorder   337,400    106,800    181,000 
                
Units – Company Inventory   16,200    23,600    20,100 
                
Units – Distributor Inventory (1)   135,600    97,700    96,200 
                
Castings Setups   198,000    155,100    202,800 

 

Orders Received and Ending Backlog

 

(in millions except average sales price, net of Federal Excise Tax):

 

   2011   2010 
         
Orders Received  $385.9   $229.4 
           
Average Sales Price of Orders Received (2)  $278   $272 
           
Ending Backlog (2)  $98.2   $34.9 
           
Average Sales Price of Ending Backlog (2)  $291   $326 

 

(1)Distributor ending inventory as provided by the independent distributors of the Company’s products.

 

(2)Average sales price for orders received and ending backlog is net of Federal Excise Tax of 10% for handguns and 11% for long guns.

 

29
 

 

Product Demand

 

The estimated sell-through of the Company’s products from distributors to retailers in 2011 increased 20% from 2010. During this period, National Instant Criminal Background Check System (“NICS”) background checks (as adjusted by the National Shooting Sports Foundation) increased 14%.

 

We believe the year-over-year increase in estimated sell-through from distributors to retailers from 2010 is due to the following:

 

·The strong demand for the new products launched in 2011, including the new LC9 pistol, the SR1911 pistol, the SR40c pistol, the Gunsite Scout rifle, the Single-Ten revolver, and the SP-101 double-action revolver chambered in 22LR. New product introductions remain a strong driver of demand and represented $98.6 million or 30% of sales in 2011. The Ruger American Rifle and the SR22 pistol were introduced during the latter part of the fourth quarter and did not have a significant impact in 2011 sales,
·Strong demand for certain mature products, and
·Increased manufacturing capacity and greater product availability for certain products in strong demand.

 

Estimated sell-through from distributors to retailers and total NICS background checks follow:

 

   2011   2010   2009 
             
Estimated Units Sold from Distributors to Retailers (1)   1,085,200    901,500    887,400 
                
Total Adjusted NICS Background Checks (thousands) (2)   10,800    9,400    9,500 

 

(1)The estimates for each period were calculated by taking the beginning inventory at the distributors, plus shipments from the Company to distributors during the period, less the ending inventory at distributors. These estimates are only a proxy for actual market demand as they:

 

·Rely on data provided by independent distributors that are not verified by the Company,
·Do not consider potential timing issues within the distribution channel, including goods-in-transit, and
·Do not consider fluctuations in inventory at retail.

 

(2)While NICS background checks are not a precise measure of retail activity, they are commonly used as a proxy for retail demand. NICS background checks are performed when the ownership of most firearms, either new or used, is transferred by a Federal Firearms Licensee. NICS background checks are also performed for permit applications, permit renewals, and other administrative reasons.  

 

The adjusted NICS data presented above was derived by the National Shooting Sports Foundation (“NSSF”) by subtracting out NICS checks that are not directly related to the sale of a firearm, including checks used for concealed carry (“CCW”) permit application checks as well as checks on active CCW permit databases. While not a direct correlation to firearms sales, the NSSF-adjusted NICS data provides a more accurate picture of current market conditions than raw NICS data.  

 

30
 

 

The Company launched the SR9c compact pistol, the LCR357 revolver, and the SR40 striker-fired pistol in 2010. New product introductions, including the aforementioned products, represented $62.3 million or 24.8% of sales in 2010.

 

The increase in orders received and the increase in the ending backlog in 2011 are due primarily to strong for demand new products, including the Ruger American Rifle and the SR22 pistol which were introduced in the latter part of the fourth quarter of 2011, and certain mature products.

 

The average sales price of orders received and ending backlog in 2010 decreased from 2009 due to significant orders in 2009 for certain higher-priced rifles, including the SR-556.

 

Production

 

Total unit production in 2011 increased 23% from 2010. The increased production was due in part to the Company’s previously disclosed strategy of changing production rates less frequently in 2011 in a more deliberate effort to “level load” production throughout the year.

 

The intention of this planned change in production volumes was to build finished goods inventory during the period when we expect lesser demand (typically the third quarter and the first half of the fourth quarter) so that we have more finished goods inventory available to ship during the period when we expect greater demand (typically the end of the fourth quarter and the first quarter). The annual output of our manufacturing plants in 2011 did increase under this plan which, in turn, allowed us to better capitalize on sales opportunities, particularly during the fourth quarter.

 

The Company continues to further implement lean manufacturing principles across its facilities. This ongoing process began in 2006, and includes the following current initiatives:

 

·transitioning from batch production to single-piece flow manufacturing,
·refining existing cells and, where practical, consolidating smaller cells into value-stream super cells,
·developing pull systems and managing vendors,
·increasing capacity for the products with the greatest unmet demand, and
·re-engineering matureproduct designs for improved manufacturability.

 

Inventories

 

The Company’s finished goods inventory decreased 7,400 units during 2011 and were significantly below what the Company believes to be optimal levels to support rapid fulfillment of distributor demand.

 

Quarterly Summary Unit Data

 

To supplement the summary annual unit data and discussion above, the same data for the last eight quarters follows:

 

31
 

 

   2011 
   Q4   Q3   Q2   Q1 
                 
Units Ordered   452,300    168,700    263,500    503,500 
                     
Units Produced   302,000    289,700    281,200    241,800 
                     
Units Shipped   315,100    276,500    279,600    251,800 
                     
Estimated Units Sold from Distributors to Retailers   291,800    244,700    264,400    284,300 
                     
Total Adjusted NICS Background Checks (thousands)   3,500    2,400    2,200    2,700 
                     
Average Sales Price  $289   $286   $281   $296 
                     
Units on Backorder   337,400    204,500    315,500    332,700 
                     
Units – Company Inventory   16,200    28,800    15,500    13,700 
                     
Units – Distributor Inventory (1)   135,600    112,300    80,500    65,300 

 

   2010 
   Q4   Q3   Q2   Q1 
                 
Units Ordered   241,900    156,500    138,400    305,900 
                     
Units Produced   218,300    207,100    238,900    241,900 
                     
Units Shipped   236,200    204,200    225,500    237,300 
                     
Estimated Units Sold from Distributors to Retailers   235,200    198,700    213,400    254,200 
                     
Total Adjusted NICS Background Checks (thousands)   2,900    2,100    2,000    2,400 
                     
Average Sales Price  $268   $282   $282   $283 
                     
Units on Backorder   106,800    99,800    147,900    239,900 
                     
Units – Company Inventory   23,600    40,600    37,700    24,400 
                     
Units – Distributor Inventory (3)   97,700    96,700    91,200    79,100 

 

(3)Distributor ending inventory as provided by the independent distributors of the Company’s products.

 

32
 

 

 

(in millions except average sales price, net of Federal Excise Tax)

   2011 
   Q4   Q3   Q2   Q1 
                 
Orders Received  $120.3   $49.6   $81.4   $134.7 
                     
Average Sales Price of Orders Received(4)  $266   $294   $309   $268 
                     
Ending Backlog  $98.2   $69.8   $97.4   $92.9 
                     
Average Sales Price of Ending Backlog(4)  $291   $341   $309   $279 

 

   2010 
   Q4   Q3   Q2   Q1 
                 
Orders Received  $63.3   $45.6   $38.7   $81.8 
                     
Average Sales Price of Orders Receive (4)  $262   $291   $279   $270 
                     
Ending Backlog  $34.9   $34.1   $44.9   $71.8 
                     
Average Sales Price of Ending Backlog (4)  $326   $342   $304   $299 

 

(4)Average sales price for orders received and ending backlog is net of Federal Excise Tax of 10% for handguns and 11% for long guns.

 

Net Sales

 

Consolidated net sales were $328.8 million in 2011. This represents an increase of $73.6 million or 28.8% from 2010 consolidated net sales of $255.2 million.

 

Firearms segment net sales were $324.2 million in 2011. This represents an increase of $72.5 million or 28.8% from 2010 firearm net sales of $251.7 million. Firearms unit shipments increased 24.4% in 2011.

 

Casting segment net sales were $4.6 million in 2011. This represents an increase of $1.1 million or 30.9% from 2010 casting sales of $3.5 million.

 

Cost of Products Sold and Gross Profit

 

Consolidated cost of products sold was $217.1 million in 2011. This represents an increase of $45.8 million or 26.8% from 2010 consolidated cost of products sold of $171.2 million.

 

33
 

 

The gross margin was 34.0% in 2011. This represents an increase from the 2010 gross margin of 32.9% as illustrated below:

 

(in thousands) 
Year Ended December 31,  2011   2010 
                 
Net sales  $328,816    100.0%  $255,206    100.0%
                     
Cost of products sold, before LIFO, overhead and labor rate adjustments to inventory, product liability and product recall   214,506    65.2%   173,198    67.8%
                     
LIFO expense (income)   122    0%   (1,039)   (0.4)%
                     
Overhead rate adjustments to inventory   700    0.3%   (618)   (0.2)%
                     
Labor rate adjustments to inventory   95    0%   (364)   (0.1)%
                     
Product liability   1,617    0.5%   9    0%
                     
Product recalls   18    0%   38    0%
                     
Total cost of products sold   217,058    66.0%   171,224    67.1%
                     
Gross profit  $111,758    34.0%  $83,982    32.9%

 

Cost of products sold, before LIFO, overhead and labor rate adjustments to inventory, product liability, and product recall- In 2011, cost of products sold, before LIFO, overhead and labor rate adjustments to inventory, product liability, and product recall decreased as a percentage of sales by 2.6% compared to 2010. The main contributors to this decrease include the increased overall volume which favorably leveraged manufacturing overhead and improved productivity from continued emphasis on lean manufacturing techniques, partially offset by a modest increase in input costs.

 

LIFO- Gross inventories increased by $0.2 million in 2011 and decreased by $2.2 million in 2010. In 2011, the Company recognized LIFO expense of $0.1 million which increased cost of products sold. In 2010, the Company recognized a LIFO credit of $1.0 million which decreased cost of products sold.

 

Overhead Rate Change- The net impact on inventory in 2011 from the change in the overhead rates used to absorb overhead expenses into inventory was a decrease of $0.7 million, reflecting increased overhead efficiency. This decrease in inventory value resulted in a corresponding increase to cost of products sold in 2011. In 2010, the change in inventory value resulting from the change in the overhead rate used to absorb overhead expenses into inventory was an increase of $1.1 million, reflecting decreased overhead efficiency. This increase in inventory value resulted in a corresponding decrease to cost of products sold.

 

34
 

 

Labor Rate Adjustments- In 2011, the change in inventory value resulting from the change in the labor rates used to absorb labor expenses into inventory was a decrease of $0.6 million, reflecting increased labor efficiency. This decrease in inventory value resulted in a corresponding increase to cost of products sold. The net impact in 2010 from the change in the labor rates used to absorb labor expenses into inventory was an increase to inventory of $0.4 million, reflecting decreased labor efficiency. This increase in inventory value resulted in a corresponding decrease to cost of sales.

 

Product Liability- This expense includes the cost of outside legal fees, insurance, and other expenses incurred in the management and defense of product liability matters. These costs totaled $1.6 million in 2011. The negligible expense in 2010 reflects favorable experience in product liability matters that were resolved during 2010. See Note 16 to the notes to the financial statements “Contingent Liabilities” for further discussion of the Company’s product liability.

 

Product Recalls- In 2008, the Company received a small number of reports from the field that its SR9 pistols, and later, its LCP pistols, could discharge if dropped onto a hard surface. The Company began recalling SR9 pistols in April 2008 and LCP pistols in October 2008 to offer free safety retrofits. The cost of these safety retrofit programs was negligible in 2011 and 2010.

 

Gross Profit- Gross profit was $111.8 million or 34.0% of sales in 2011. This is an increase of $27.8 million from 2010 gross profit of $84.0 million or 32.9% of sales.

 

Selling, General and Administrative

 

Selling, general and administrative expenses were $49.7 million in 2011, an increase of $9.5 million from 2010, and a decrease from 15.7% of sales in 2010 to 15.1% of sales in 2011. The increase in selling, general and administrative expenses is attributable to the following:

 

·increased promotional and advertising expenses, including the Million Gun Challenge to benefit the National Rifle Association,
·increased expenses related to the implementation of a new information technology infrastructure,
·increased equity-based and incentive compensation, and
·increased freight expense due to increased sales volume.

 

Other Operating (Income) Expenses, net

 

Other operating (income) expenses, net consist of the following (in thousands):

 

   2011   2010 
         
Loss (gain) on sale of operating assets  $(83)  $22 
Frozen defined-benefit pension plan expense   (236)   398 
           
Total other operating (income) expenses, net  $(319)  $420 

 

35
 

 

Operating Income

 

Operating income was $62.4 million or 19% of sales in 2011. This is an increase of $19.0 million from 2010 operating income of $43.4 million or 17.0% of sales.

 

Royalty Income

 

Royalty income was $0.9 million in 2011. This represents an increase of $0.5 million from 2010 royalty income of $0.4 million. The increase is primarily attributable to increased income from licensing agreements.

 

Interest Income

 

Interest income was negligible in 2011 and 2010.

 

Interest Expense

 

Interest expense was negligible in 2011 and 2010.

 

Other Income, Net

 

Other income, net was $0.3 million in 2011, a decrease of $0.1 million from a $0.4 million in 2010. This income is attributable primarily to the sale of by-products of our manufacturing processes.

 

Income Taxes and Net Income

 

The effective income tax rate in 2011 was 37.0%, compared to 36.0% in 2010. The increase in the income tax rate reflects an increase in permanent differences.

 

As a result of the foregoing factors, consolidated net income was $40.0 million in 2011. This represents an increase of $11.7 million from 2010 consolidated net income of $28.3 million.

 

Financial Condition

 

Liquidity

 

At December 31, 2012, the Company had cash and cash equivalents of $31.0 million. Our pre-LIFO working capital of $75.5 million, less the LIFO reserve of $38.1 million, resulted in working capital of $37.4 million and a current ratio of 1.6 to 1.

 

On December 21, 2012, the Company paid a special dividend of $4.50 per share to shareholders of record on December 7, 2012. This dividend totaled $86.7 million.

 

The Company would like to replenish its finished goods inventory to levels that will better serve its customers. This replenishment, which could take more than one year to accomplish, could increase the FIFO value of finished goods inventory by as much as $15 million from the current levels upon the attainment of the desired levels of finished goods inventory.

 

36
 

 

Operations

 

Cash provided by operating activities was $87.2 million, $57.4 million, and $32.5 million in 2012, 2011, and 2010, respectively. The increase in cash provided in 2012 compared to 2011 is attributable to increased profitability in 2012. The increase in cash provided in 2011 compared to 2010 is attributable to increased profitability in 2011 and increased accounts payable and accrued liabilities in 2011, due in part to greater accruals for sales promotions and excise tax payments.

 

Third parties supply the Company with various raw materials for its firearms and castings, such as fabricated steel components, walnut, birch, beech, maple and laminated lumber for rifle stocks, wax, ceramic material, metal alloys, various synthetic products and other component parts. There is a limited supply of these materials in the marketplace at any given time, which can cause the purchase prices to vary based upon numerous market factors. The Company believes that it has adequate quantities of raw materials in inventory or on order to provide sufficient time to locate and obtain additional items at then-current market cost without interruption of its manufacturing operations. However, if market conditions result in a significant prolonged inflation of certain prices or if adequate quantities of raw materials can not be obtained, the Company’s manufacturing processes could be interrupted and the Company’s financial condition or results of operations could be materially adversely affected.

 

Investing and Financing

 

Capital expenditures were $27.3 million, $22.1 million, and $19.4 million in 2012, 2011, and 2010, respectively. In 2013, the Company expects to spend $30 million on capital expenditures to purchase tooling and fixtures for new product introductions, to increase production capacity, and to upgrade and modernize manufacturing equipment. The Company finances, and intends to continue to finance, all of these activities with funds provided by operations and current cash and short-term investments.

 

During the past several years, the Board of Directors authorized the Company to repurchase shares of its common stock. In 2011, the Company repurchased approximately 133,400 shares of its common stock representing 0.7% of the then outstanding shares, in the open market at an average price of $14.94 per share. In 2010, the Company repurchased approximately 412,000 shares of its common stock representing 2.1% of the then outstanding shares, in the open market at an average price of $13.83 per share. All of these purchases were made with cash held by the Company and no debt was incurred. In 2012, no shares were repurchased.

 

At December 31, 2012, $8.0 million remained authorized for share repurchases.

 

Including the $4.50 per share special dividend paid on December 21, 2012, the Company paid dividends totaling $111.5 million, $8.2 million and $6.3 million in 2012, 2011 and 2010, respectively.

 

On February 11, 2013, the Company’s Board of Directors authorized a dividend of 40.4¢ per share to shareholders of record on March 8, 2013. The payment of future dividends depends on many factors, including internal estimates of future performance, then-current cash and short-term investments, and the Company’s need for funds.

 

37
 

 

During the second quarter of 2011, the Company made a $1.0 million minority investment in a pepper spray company for which it received a 12% interest. In the second quarter of 2012, the Company made a subsequent investment of $0.3 million in the same company and now has a 19% interest. At December 31, 2012, the Company recognized an impairment loss of $1.1 million in this investment.

 

In the second quarter of 2012, the Company made a $1.3 million investment in a crossbow company for which it received a 29% interest.

 

The Company has migrated its retirement benefits from defined-benefit pension plans to defined-contribution retirement plans, utilizing its current 401(k) plan.

 

The Company amended its hourly and salaried defined-benefit pension plans so that employees no longer accrued benefits under them effective December 31, 2007. This action “froze” the benefits for all employees and prevented future hires from joining the plans. Currently, the Company provides supplemental discretionary contributions to substantially all employees’ individual 401(k) accounts.

 

Minimum contributions of $2.6 million were required for the defined-benefit plans for 2012. The Company contributed $3 million and $2 million in 2012 and 2011, respectively.

 

In future years, the Company will likely be required to make cash contributions to the two defined-benefit pension plans. The annual contributions will be based on the amount of the unfunded plan liabilities derived from the frozen benefits and will not include liabilities for any future accrued benefits for any new or existing participants. The total amount of these future cash contributions will depend on the investment returns generated by the plans’ assets and the then-applicable discount rates used to calculate the plans’ liabilities.

 

The Company plans to contribute approximately $3 million in 2013, but will increase the amount of the contribution if required to do so.

 

Based on its unencumbered assets, the Company believes it has the ability to raise cash through issuance of short-term or long-term debt. The Company’s unsecured $25 million credit facility remained unused at December 31, 2012 and the Company has no debt. In February 2013, the Company amended its credit facility to raise the availability to $40 million and extend the expiration date to June 15, 2014.

 

Contractual Obligations

The table below summarizes the Company’s significant contractual obligations at December 31, 2012, and the effect such obligations are expected to have on the Company’s liquidity and cash flows in future periods. This table excludes amounts already recorded on the Company’s balance sheet as current liabilities at December 31, 2012.

 

“Purchase Obligations” as used in the below table includes all agreements to purchase goods or services that are enforceable and legally binding on the Company and that specify all significant terms, including: fixed or minimum quantities to be purchased; fixed, minimum or variable price provisions; and the approximate timing of the transaction. Certain of the Company’s purchase orders or contracts for the purchase of raw materials and other goods and services that may not necessarily be enforceable or legally binding on the Company, are also included in “Purchase Obligations” in the table. Certain of the Company’s purchase orders or contracts therefore included in the table may represent authorizations to purchase rather than legally binding agreements. The Company expects to fund all of these commitments with cash flows from operations and current cash.

 

38
 

 

Payment due by period (in thousands)
Contractual Obligations  Total   Less than
1 year
   1-3 years   3-5 years   More than
5
years
 
Long-Term Debt Obligations   -    -    -    -    - 
Capital Lease Obligations   -    -    -    -    - 
Operating Lease Obligations   -    -    -    -    - 
Purchase Obligations  $24,960   $24,960    -    -    - 
Other Long-Term Liabilities Reflected on the Registrant’s Balance Sheet under GAAP   -    -    -    -    - 
                          
Total  $24,960   $24,960    -    -    - 

 

The expected timing of payment of the obligations discussed above is estimated based on current information. Timing of payments and actual amounts paid may be different depending on the time of receipt of goods or services or changes to agreed-upon amounts for some obligations.

 

Firearms Legislation and Litigation

 

See Item 1A - Risk Factors and Note 16 to the financial statements for discussion of firearms legislation and litigation.

 

Other Operational Matters

 

In the normal course of its manufacturing operations, the Company is subject to occasional governmental proceedings and orders pertaining to workplace safety, firearms serial number tracking and control, waste disposal, air emissions and water discharges into the environment. The Company believes that it is generally in compliance with applicable BATFE, environmental, and safety regulations and the outcome of any proceedings or orders will not have a material adverse effect on the financial position or results of operations of the Company.

 

The Company self-insures a significant amount of its product liability, workers’ compensation, medical, and other insurance. It also carries significant deductible amounts on various insurance policies.

 

The Company is transitioning to a new enterprise resource planning system and has converted all of its manufacturing facilities and its support functions during the past two years. The remaining manufacturing facilities were converted in 2012.

 

39
 

 

The valuation of the future defined-benefit pension obligations at December 31, 2012 and 2011 indicated that these plans were underfunded by $19.6 million and $19.1 million, respectively, and resulted in a cumulative other comprehensive loss of $29.6 million and $27.5 million on the Company’s balance sheet at December 31, 2012 and 2011, respectively.

 

The Company expects to realize its deferred tax assets through tax deductions against future taxable income.

 

Critical Accounting Policies and Estimates

 

The preparation of financial statements in accordance with accounting principles generally accepted in the United States requires management to make assumptions and estimates that affect the reported amounts of assets and liabilities as of the balance sheet date and net sales and expenses recognized and incurred during the reporting period then ended. The Company bases estimates on prior experience, facts and circumstances, and other assumptions, including those reviewed with actuarial consultants and independent counsel, when applicable, that are believed to be reasonable. However, actual results may differ from these estimates.

 

The Company believes the determination of its product liability accrual is a critical accounting policy. The Company’s management reviews every lawsuit and claim and is in contact with independent and corporate counsel on an ongoing basis. The provision for product liability claims is based upon many factors, which vary for each case. These factors include the type of claim, nature and extent of injuries, historical settlement ranges, jurisdiction where filed, and advice of counsel. An accrual is established for each lawsuit and claim, when appropriate, based on the nature of each such lawsuit or claim.

 

Amounts are charged to product liability expense in the period in which the Company becomes aware that a claim or, in some instances a threat of claim, has been made when potential losses or costs of defense are probable and can be reasonably estimated. Such amounts are determined based on the Company’s experience in defending similar claims. Occasionally, charges are made for claims made in prior periods because the cumulative actual costs incurred for that claim, or reasonably expected to be incurred in the future, exceed amounts already provided. Likewise, credits may be taken if cumulative actual costs incurred for that claim, or reasonably expected to be incurred in the future, are less than amounts previously provided.

 

While it is not possible to forecast the outcome of litigation or the timing of costs, in the opinion of management, after consultation with independent and corporate counsel, there is a remote likelihood that litigation, including punitive damage claims, will have a material adverse effect on the financial position of the Company, but may have a material impact on the Company’s financial results for a particular period.

 

The Company believes the valuation of its inventory and the related excess and obsolescence reserve is also a critical accounting policy. Inventories are carried at the lower of cost, principally determined by the last-in, first-out (LIFO) method, or market. An actual valuation of inventory under the LIFO method is made at the end of each year based on the inventory levels and prevailing inventory costs existing at that time.

 

The Company determines its excess and obsolescence reserve by projecting the year in which inventory will be consumed into a finished product. Given ever-changing market conditions, customer preferences and the anticipated introduction of new products, it does not seem prudent nor supportable to carry inventory at full cost beyond that needed during the next 36 months.

 

40
 

 

Forward-Looking Statements and Projections

 

The Company may, from time to time, make forward-looking statements and projections concerning future expectations. Such statements are based on current expectations and are subject to certain qualifying risks and uncertainties, such as market demand, sales levels of firearms, anticipated castings sales and earnings, the need for external financing for operations or capital expenditures, the results of pending litigation against the Company, the impact of future firearms control and environmental legislation and accounting estimates, any one or more of which could cause actual results to differ materially from those projected. Words such as “expect,” “believe,” “anticipate,” “intend,” “estimate,” “will,” “should,” “could” and other words and terms of similar meaning, typically identify such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made. The Company undertakes no obligation to publish revised forward-looking statements to reflect events or circumstances after the date such forward-looking statements are made or to reflect the occurrence of subsequent unanticipated events.

 

ITEM 7A—QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

 

The Company is exposed to changing interest rates on its investments, which consist primarily of United States Treasury instruments with short-term (less than one year) maturities and cash. The interest rate market risk implicit in the Company's investments at any given time is low, as the investments mature within short periods and the Company does not have significant exposure to changing interest rates on invested cash.

 

The Company has not undertaken any actions to cover interest rate market risk and is not a party to any interest rate market risk management activities.

 

A hypothetical 100 basis point change in market interest rates over the next year would not materially impact the Company’s earnings or cash flows. A hypothetical 100 basis point change in market interest rates would not have a material effect on the fair value of the Company’s investments.

 

41
 

 

ITEM 8—FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

 

INDEX TO FINANCIAL STATEMENTS

 

Reports of Independent Registered Public Accounting Firm 43
   
Balance Sheets at December 31, 2012 and 2011 45
   
Statements of Income and Comprehensive Income for the years ended December 31, 2012, 2011 and 2010 47
   
Statements of Stockholders’ Equity for the years ended December 31, 2012, 2011 and 2010 48
   
Statements of Cash Flows for the years ended December 31, 2012, 2011 and 2010 49
   
Notes to Financial Statements 50

 

42
 

 

Report of Independent Registered Public Accounting Firm

 

To the Board of Directors and Stockholders

Sturm, Ruger & Company, Inc.

 

We have audited Sturm, Ruger & Company, Inc.'s internal control over financial reporting as of December 31, 2012, based on criteria established in Internal Control—Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission. Sturm, Ruger & Company, Inc.’s management is responsible for maintaining effective internal control over financial reporting and for its assessment of the effectiveness of internal control over financial reporting included in the accompanying Management’s Report on Internal Control over Financial Reporting appearing under Item 9A. Our responsibility is to express an opinion on the Company's internal control over financial reporting based on our audit.

 

We conducted our audit in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether effective internal control over financial reporting was maintained in all material respects. Our audit included obtaining an understanding of internal control over financial reporting, assessing the risk that a material weakness exists, and testing and evaluating the design and operating effectiveness of internal control based on the assessed risk. Our audit also included performing such other procedures as we considered necessary in the circumstances. We believe that our audit provides a reasonable basis for our opinion.

 

A company's internal control over financial reporting is a process designed 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. A company's internal control over financial reporting includes those policies and procedures that (a) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the company; (b) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the company are being made only in accordance with authorizations of management and directors of the company; and (c) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use, or disposition of the company's assets that could have a material effect on the financial statements.

 

Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.

 

In our opinion, Sturm, Ruger & Company, Inc. maintained, in all material respects, effective internal control over financial reporting as of December 31, 2012, based on criteria established in Internal Control—Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission.

 

We have also audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States), the balance sheets of Sturm, Ruger & Company, Inc. as of December 31, 2012 and 2011, and the related statements of income and comprehensive income, stockholders’ equity, and cash flows for each of the three years in the period ended December 31, 2012, and our report dated February 27, 2013 expressed an unqualified opinion.

 

/s/McGladrey LLP

Stamford, Connecticut

February 27, 2013

 

43
 

 

Report of Independent Registered Public Accounting Firm

 

To the Board of Directors and Stockholders

Sturm, Ruger & Company, Inc.

 

We have audited the accompanying balance sheets of Sturm, Ruger & Company, Inc. as of December 31, 2012 and 2011, and the related statements of income and comprehensive income, stockholders’ equity, and cash flows for each of the three years in the period ended December 31, 2012. Our audits also included the financial statement schedule of Sturm, Ruger & Company, Inc. listed in Item 15(a). These financial statements and financial statement schedule are the responsibility of the Company's management. Our responsibility is to express an opinion on these financial statements and schedule based on our audits.

 

We conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.

 

In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of Sturm, Ruger & Company, Inc. as of December 31, 2012 and 2011, and the results of its operations and its cash flows for each of the three years in the period ended December 31, 2012, in conformity with U.S. generally accepted accounting principles. Also, in our opinion, the related financial statement schedule, when considered in relation to the basic financial statements taken as a whole, presents fairly in all material respects the information set forth therein.

 

We also have audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States), Sturm, Ruger & Company, Inc.’s internal control over financial reporting as of December 31, 2012, based on criteria established in Internal Control—Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission, and our report dated February 27, 2013 expressed an unqualified opinion on the effectiveness of Sturm, Ruger & Company, Inc.’s internal control over financial reporting.

 

/s/McGladrey LLP

Stamford, Connecticut

February 27, 2013

 

44
 

 

Balance Sheets

(Dollars in thousands, except per share data)

 

December 31,  2012   2011 
         
Assets          
           
Current Assets          
           
Cash and cash equivalents  $30,978   $81,056 
Trade receivables, net   43,018    42,225 
           
Gross inventories   55,827    49,004 
Less LIFO reserve   (38,089)   (37,476)
Less excess and obsolescence reserve   (1,729)   (1,311)
Net inventories   16,009    10,217 
           
Deferred income taxes   5,284    5,776 
Prepaid expenses and other current assets   1,632    6,968 
Total Current Assets   96,921    146,242 
           
Property, Plant, and Equipment   195,713    169,142 
Less allowances for depreciation   (129,720)   (116,195)
Net property, plant and equipment   65,993    52,947 
           
Deferred income taxes   2,004    32 
Other assets   9,568    7,289 
Total Assets  $174,486   $206,510 

 

See accompanying notes to financial statements.

 

45
 

 

December 31,  2012   2011 
         
Liabilities and Stockholders’ Equity          
           
Current Liabilities          
Trade accounts payable and accrued expenses  $38,500   $28,592 
Product liability   720    1,305 
Employee compensation and benefits   15,182    14,882 
Workers’ compensation   4,600    4,600 
Income taxes payable   489    217 
Total Current Liabilities   59,491    49,596 
           
Accrued pension liability   19,626    19,082 
Product liability   337    441 
           
Contingent liabilities (Note 16)   -    - 
           
Stockholders’ Equity          
Common stock, non-voting, par value $1:          
Authorized shares – 50,000; none issued          
Common stock, par value $1:          
Authorized shares – 40,000,000          
2012 – 23,562,422 issued,          
19,262,988 outstanding          
2011 – 23,382,566 issued,          
19,083,132 outstanding   23,563    23,383 
Additional paid-in capital   15,531    10,454 
Retained earnings   123,442    168,981 
Less: Treasury stock – at cost 2012 and 2011 – 4,299,434 shares   (37,884)   (37,884)
Accumulated other comprehensive loss   (29,620)   (27,543)
Total Stockholders’ Equity   95,032    137,391 
Total Liabilities and Stockholders’ Equity  $174,486   $206,510 

 

See accompanying notes to financial statements.

 

46
 

 

Statements of Income and Comprehensive Income

(In thousands, except per share data)

 

Year ended December 31,  2012   2011   2010 
             
Net firearms sales  $484,933   $324,200   $251,680 
Net castings sales   6,891    4,616    3,526 
Total net sales   491,824    328,816    255,206 
                
Cost of products sold   312,871    217,058    171,224 
                
Gross profit   178,953    111,758    83,982 
                
Operating Expenses:               
Selling   38,363    28,691    23,517 
General and administrative   29,231    20,970    16,652 
Other operating expenses (income), net   293    (319)   420 
Total operating expenses   67,887    49,342    40,589 
                
Operating income   111,066    62,416    43,393 
                
Other income:               
Royalty income   824    873    429 
Interest income   34    29    48 
Interest expense   (95)   (110)   (143)
Other income, net   280    308    422 
Total other income, net   1,043    1,100    756 
                
Income before income taxes   112,109    63,516    44,149 
                
Income taxes   41,480    23,501    15,894 
                
Net income   70,629    40,015    28,255 
                
Other comprehensive (loss) income, net of tax:               
Defined benefit pension plans   (2,077)   (7,895)   714 
                
Comprehensive income  $68,552   $32,120   $28,969 
                
Basic Earnings Per Share  $3.69   $2.12   $1.48 
                
Fully Diluted Earnings Per Share  $3.60   $2.09   $1.46 
                
Cash Dividends Per Share  $5.80   $0.43   $0.33 

 

See accompanying notes to financial statements.

 

47
 

 

Statements of Stockholders’ Equity

(Dollars in thousands)

  

Common

Stock

  

Additional

Paid-in

Capital

  

Retained

Earnings

  

Treasury

Stock

  

Accumulated

Other

Comprehensive

Loss

   Total 
                         
Balance at December 31, 2009  $22,827   $8,031   $115,187   $(30,167)  $(20,362)  $95,516 
Net income             28,255              28,255 
Pension liability, net of deferred taxes of $460                       714    714 
Dividends paid             (6,317)             (6,317)
Stock-based compensation        2,589                   2,589 
Exercise of stock options and vesting of RSU’s        (1,367)                  (1,367)
Tax benefit realized from exercise of stock options and vesting of RSU’s        808                   808 
Common stock issued – compensation plans   176    (176)                  - 
Repurchase of 412,213 shares of common stock                  (5,718)        (5,718)
Balance at December 31, 2010   23,003    9,885    137,125    (35,885)   (19,648)   114,480 
Net income             40,015              40,015 
Pension liability, net of deferred taxes of $4,133                       (7,895)   (7,895)
Dividends paid             (8,159)             (8,159)
Stock-based compensation        2,953                   2,953 
Exercise of stock options and vesting of RSU’s        (5,859)                  (5,859)
Tax benefit realized from exercise of stock options and vesting of RSU’s        3,855                   3,855 
Common stock issued – compensation plans   380    (380)                  - 
Repurchase of 133,400 shares of common stock                  (1,999)        (1,999)
Balance at December 31, 2011   23,383    10,454    168,981    (37,884)   (27,543)   137,391 
Net income             70,629              70,629 
Pension liability, net of deferred taxes of $1,219                       (2,077)   (2,077)
Dividends paid             (111,523)             (111,523)
Stock-based compensation        4,718                   4,718 
Exercise of stock options and vesting of RSU’s        (2,935)                  (2,935)
Tax benefit realized from exercise of stock options and vesting of RSU’s        3,474                   3,474 
Common stock issued – compensation plans   180    (180)                  - 
Unpaid dividends accrued             (4,645)             (4,645)
Balance at December 31, 2012  $23,563   $15,531   $123,442   $(37,884)  $(29,620)  $95,032 

 

See accompanying notes to financial statements.

 

48
 

 

Statements of Cash Flows

(In thousands)

 

Year ended December 31,  2012   2011   2010 
             
Operating Activities               
Net income  $70,629   $40,015   $28,255 
Adjustments to reconcile net income to cash provided by operating activities:               
Depreciation and amortization   14,888    12,148    9,207 
Stock-based compensation   4,718    2,953    2,589 
Excess and obsolescence inventory reserve   761    (234)   (1,057)
Loss (gain) on sale of assets   (944)   (26)   22 
Deferred income taxes   (1,480)   8,205    493 
Impairment charge   (1,134)   -    - 
Changes in operating assets and liabilities:               
Trade receivables   (793)   (10,660)   (6,516)
Inventories   (6,553)   (156)   888 
Trade accounts payable and accrued expenses   9,908    11,807    3,932 
Employee compensation and benefits   (4,345)   3,959    (1,967)
Product liability   (689)   724    (1,060)
Prepaid expenses, other assets and other liabilities   1,947    (10,961)   (1,333)
Income taxes payable   272    (365)   (962)
Cash provided by operating activities   87,185    57,409    32,491 
                
Investing Activities               
Property, plant, and equipment additions   (27,282)   (22,135)   (19,409)
Purchases of short-term investments   (59,966)   (122,978)   (164,966)
Proceeds from sales or maturities of short-term investments   59,966    175,471    163,214 
Net proceeds from sale of assets   1,003    319    21 
Cash (used for) provided by investing activities   (26,279)   30,677    (21,140)
                
Financing Activities               
Dividends paid   (111,523)   (8,159)   (6,317)
Tax benefit from exercise of stock options   3,474    3,855    1,923 
Repurchase of common stock   -    (1,999)   (5,718)
Payment of employee withholding tax related to share-based compensation   (3,083)   (5,859)   (1,115)
Proceeds from exercise of stock options   148    -    - 
Cash used for financing activities   (110,984)   (12,162)   (11,227)
                
(Decrease) increase in cash and cash equivalents   (50,078)   75,924    124 
Cash and cash equivalents at beginning of year   81,056    5,132    5,008 
Cash and cash equivalents at end of year  $30,978   $81,056   $5,132 

 

See accompanying notes to financial statements.

 

49
 

 

Notes to Financial Statements

(Dollars in thousands, except per share)

 

1.Summary of Significant Accounting Policies

 

Organization

 

Sturm, Ruger & Company, Inc. (the “Company”) is principally engaged in the design, manufacture, and sale of firearms to domestic customers. Approximately 99% of the Company’s total sales for the year ended December 31, 2012 were from the firearms segment and export sales represented approximately 3% of firearms sales. The Company’s design and manufacturing operations are located in the United States and almost all product content is domestic. The Company’s firearms are sold through a select number of independent wholesale distributors principally to the commercial sporting market.

 

The Company also manufactures and sells investment castings made from steel alloys for both outside customers and internal use in the firearms segment. Investment castings sold to outside customers, either directly to or through manufacturers’ representatives, were approximately 1% of the Company’s total sales for the year ended December 31, 2012.

 

Preparation of Financial Statements

 

The Company follows United States generally accepted accounting principles (“GAAP”). The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from these estimates.

 

The significant accounting policies described below, together with the notes that follow, are an integral part of the Financial Statements.

 

Revenue Recognition

 

Substantially all product sales are sold FOB (free on board) shipping point. Revenue is recognized when product is shipped and the customer takes ownership and assumes the risk of loss. Accruals are made for sales discounts and incentives based on the Company’s experience. The Company accounts for cash sales discounts as a reduction in sales and sales incentives as a charge to selling expense. Amounts billed to customers for shipping and handling fees are included in net sales and costs incurred by the Company for the delivery of goods are classified as selling expenses. Federal excise taxes are excluded from net sales.

 

Cash and Cash Equivalents

 

The Company considers interest-bearing deposits with financial institutions with remaining maturities of three months or less at the time of acquisition to be cash equivalents.

 

50
 

 

Accounts Receivable

 

The Company establishes an allowance for doubtful accounts based on the credit worthiness of its customers and historical experience. While the Company uses the best information available to make its evaluation, future adjustments to the allowance for doubtful accounts may be necessary if there are significant changes in economic and industry conditions or any other factors considered in the Company’s evaluation. Bad debt expense has been immaterial during each of the last three years.

 

Inventories

 

Substantially all of the Company’s inventories are valued at the lower of cost, principally determined by the last-in, first-out (LIFO) method, or market. Elements of cost in inventories include raw materials, direct labor and manufacturing overhead.

 

Property, Plant, and Equipment

 

Property, plant, and equipment are carried at cost. Depreciation is computed over useful lives using the straight-line and declining balance methods predominately over 15 years for buildings, 10 years for machinery and equipment and 3 years for tools and dies. When assets are retired, sold or otherwise disposed of, their gross carrying values and related accumulated depreciation are removed from the accounts and a gain or loss on such disposals is recognized when appropriate.

 

Maintenance and repairs are charged to operations; replacements and improvements are capitalized.

 

Long-lived Assets

 

The Company evaluates the carrying value of long-lived assets to be held and used when events or changes in circumstances indicate the carrying value may not be recoverable. In performing this review, the carrying value of the assets is compared to the projected undiscounted cash flows to be generated from the assets. If the sum of the undiscounted expected future cash flows is less than the carrying value of the assets, the assets are considered to be impaired. Impairment losses are measured as the amount by which the carrying value of the assets exceeds their fair value. The Company bases fair value of the assets on quoted market prices if available or, if not available, quoted market prices of similar assets. Where quoted market prices are not available, the Company estimates fair value using the estimated future cash flows generated by the assets discounted at a rate commensurate with the risks associated with the recovery of the assets.

 

51
 

 

Equity Method Investments

 

Investee companies that are not consolidated, but over which the Company exercises significant influence, are accounted for under the equity method of accounting. Under the equity method of accounting, an investee company’s accounts are not reflected within the Company’s Balance Sheets and Statements of Income; however, the Company’s share of the earnings or losses of the investee company is reflected in ‘‘Other operating (income) expenses, net’’ in the Statements of Income. The Company’s carrying value in an investee company is reflected in ‘‘Other assets’’ in the Company’s Balance Sheets.

 

Cost Method Investments

 

Investee companies not accounted for under the consolidation or the equity method of accounting are accounted for under the cost method of accounting. Under this method, the Company’s share of the earnings or losses of such Investee companies is not included in the Balance Sheet or Statement of Income. However, impairment charges are recognized in the Statement of Income.

 

Income Taxes

 

Income taxes are accounted for using the asset and liability method. Under this method, deferred income taxes are recognized for the tax consequences of “temporary differences” by applying enacted statutory rates applicable to future years to temporary differences between the financial statement carrying amounts and the tax basis of the Company’s assets and liabilities.

 

Product Liability

 

The Company provides for product liability claims including estimated legal costs to be incurred defending such claims. The provision for product liability claims is charged to cost of products sold.

 

Advertising Costs

 

The Company expenses advertising costs as incurred. Advertising expenses for 2012, 2011, and 2010, were $3.4 million, $2.9 million, and $2.3 million, respectively.

 

Shipping Costs

 

Costs incurred related to the shipment of products are included in selling expense. Such costs totaled $5.6 million, $3.5 million, and $3.0 million in 2012, 2011, and 2010, respectively.

 

Research and Development

 

In 2012, 2011, and 2010, the Company spent approximately $5.9 million, $4.0 million, and $3.2 million, respectively, on research activities relating to the development of new products and the improvement of existing products. Research and development costs are expensed as incurred.

 

52
 

 

Earnings per Share

 

Basic earnings per share is based upon the weighted-average number of shares of common stock outstanding during the year. Diluted earnings per share reflect the impact of options, restricted stock units, and deferred stock outstanding using the treasury stock method.

 

2.Trade Receivables, Net

 

Trade receivables consist of the following:

 

December 31,  2012   2011 
         
Trade receivables  $44,143   $43,217 
Allowance for doubtful accounts   (300)   (185)
Allowance for discounts   (825)   (807)
   $43,018   $42,225 

 

In 2012, the largest individual trade receivable balances accounted for 17%, 14%, 11%, and 10% of total trade receivables, respectively.

 

In 2011, the largest individual trade receivable balances accounted for 19%, 15%, 14%, and 12% of total trade receivables, respectively.

 

3.Inventories

 

Inventories consist of the following:

 

December 31,  2012   2011 
         
Finished goods  $3,615   $4,071 
Materials and products in process   50,483    43,622 
    54,098    47,693 
Adjustment of inventories to a LIFO basis   (38,089)   (37,476)
   $16,009   $10,217 

 

53
 

 

4.Property, Plant and Equipment

 

Property, plant and equipment consist of the following:

 

December 31,  2012   2011 
         
Land and improvements  $1,308   $1,266 
Buildings and improvements   29,539    27,961 
Machinery and equipment   133,635    111,558 
Dies and tools   31,231    28,357 
   $195,713   $169,142 

 

5.Other Assets

 

Other assets consist of the following:

 

December 31,  2012   2011 
         
Patents, at cost  $5,021   $4,900 
Accumulated amortization   (2,826)   (2,583)
Deposits on capital items   3,934    1,618 
Software development costs, at cost   2,057    2,057 
Accumulated amortization   (498)   (146)
Investment in equity securities, carried at cost   125    969 
Investment in equity securities, equity method   1,206    - 
Other   549    474 
   $9,568   $7,289 

 

The capitalized cost of patents is amortized using the straight-line method over their useful lives. The cost of patent amortization was $0.2 million in each 2012, 2011, and 2010. The estimated annual patent amortization cost for each of the next five years is $0.2 million. Costs incurred to maintain existing patents are charged to expense in the year incurred.

 

Software development costs were incurred to develop and implement an integrated ERP system prior to the time the system became operational. These costs are being amortized using the straight line method over a period of sixty months. Costs incurred subsequent to the system becoming operational are being expensed. The cost of software development cost amortization was $0.4 million and $0.1 million in 2012 and 2011, respectively. There was no amortization for software development costs in 2010.

 

The investment in equity securities carried at cost was evaluated for impairment as of December 31, 2012 and it was determined that the investment has been impaired and that the impairment is other than temporary. As a result, the Company recognized an impairment loss of $1.1 million in 2012.

 

54
 

 

The investment in equity securities accounted for on the equity method of accounting consists of a 29% interest in a crossbow manufacturer. The Company recognized an immaterial loss related to this investment in 2012 and did not receive any dividends from this investment in 2012.

 

6.Trade Accounts Payable and Accrued Expenses

 

Trade accounts payable and accrued expenses consist of the following:

 

December 31,  2012   2011 
         
Trade accounts payable  $13,387   $12,263 
Accrued expenses   25,113    16,329 
   $38,500   $28,592 

 

7.Line of Credit

 

In December 2007, the Company established an unsecured $25 million revolving line of credit with a bank. This facility is renewable annually. The credit facility remained unused throughout 2011 and 2012. Borrowings under this facility would bear interest at LIBOR (0.843% at December 31, 2012) plus 200 basis points and the Company is charged three-eighths of a percent (0.375%) per year on the unused portion. At December 31, 2012 and 2011, the Company was in compliance with the terms and covenants of the credit facility.

 

In February 2013, the Company amended its credit facility to increase the availability to $40 million and extend the expiration date from June 15, 2013 to June 15, 2014.

 

8.Employee Benefit Plans

 

The Company has migrated its retirement benefits from defined-benefit pension plans to defined-contribution retirement plans, utilizing its current 401(k) plan. The Company sponsored two qualified defined-benefit pension plans that covered substantially all employees. A third defined-benefit pension plan is non-qualified and covered certain executive officers of the Company. The Company also sponsors a defined-contribution 401(k) plan that covers substantially all employees.

 

Defined-Benefit Plans

 

In 2007, the Company amended its hourly and salaried defined-benefit pension plans so that employees no longer accrued benefits under them after December 31, 2007. This action “froze” the benefits for all employees and prevented future hires from joining the plans, effective December 31, 2007. Currently, the Company provides supplemental discretionary contributions to substantially all employees’ individual 401(k) accounts.

 

Minimum contributions of $2.6 million were required for the defined-benefit plans for 2012. The Company contributed $3 million and $2 million in 2012 and 2011, respectively.

 

In future years, the Company may again be required to make cash contributions to the two defined-benefit pension plans. The annual contributions will be based on the amount of the unfunded plan liabilities derived from the frozen benefits and will not include liabilities for any future accrued benefits for any new or existing participants. The total amount of these future cash contributions will depend on the investment returns generated by the plans’ assets and the then-applicable discount rates used to calculate the plans’ liabilities.

 

55
 

 

The Company plans to contribute approximately $3 million in 2013, but will increase the amount of the contribution if required to do so. The intent of these contributions is to reduce the amount of time that the Company will be required to continue to operate the frozen plans. The ongoing cost of running the plans (even if frozen) is approximately $0.4 million per year, which includes PBGC premiums, actuary and audit fees, and other expenses.

 

The measurement dates of the assets and liabilities of all plans presented for 2012 and 2011 were December 31, 2012 and December 31, 2011, respectively.

 

Summarized information on the Company’s defined-benefit pension plans is as follows:

 

Obligations and Funded Status at December 31,  2012   2011 
         
Change in Benefit Obligation          
Benefit obligation at beginning of year  $77,230   $68,793 
Service cost   -    - 
Interest cost   3,574    3,545 
Actuarial loss   7,745    7,662 
Benefits paid   (3,033)   (2,770)
Benefit obligation at end of year   85,516    77,230 
           
Change in Plan Assets          
Fair value of plan assets at beginning of year   58,148    59,423 
Actual return on plan assets   7,619    (661)
Employer contributions   3,156    2,156 
Benefits paid   (3,033)   (2,770)
Fair value of plan assets at end of year   65,890    58,148 
           
Funded Status          
Funded status   (19,626)   (19,082)
Unrecognized net actuarial loss   47,016    43,719 
Unrecognized prior service cost   -    - 
Net amount recognized  $27,390   $24,637 

 

Weighted Average Assumptions for the years ended December 31,  2012   2011 
Discount rate   4.75%   5.25%
Expected long-term return on plan assets   8.00%   8.00%
Rate of compensation increases   N/A    N/A 

 

56
 

 

Components of Net Periodic Pension Cost  2012   2011 
Service cost  $-   $- 
Interest cost   3,574    3,545 
Expected return on assets   (4,650)   (4,738)
Recognized gains   1,481    1,034 
Prior service cost recognized   -    - 
Net periodic pension cost  $405   $(159)

 

Amounts Recognized on the Balance Sheet  2012   2011 
Accrued benefit liability  $(19,626)  $(19,082)
Accumulated other comprehensive loss, net of tax   29,620    27,543 
Deferred tax asset   17,396    16,176 
   $27,390   $24,637 

 

Weighted Average Assumptions as of December 31,  2012   2011 
Discount rate   4.00%   4.75%
Rate of compensation increases   N/A    N/A 

 

Information for Pension Plans with an Accumulated Benefit
Obligation in excess of plan assets
  2012   2011 
Projected benefit obligation  $85,516   $77,230 
Accumulated benefit obligation  $85,516   $77,230 
Fair value of plan assets  $65,890   $58,148 

 

Pension Weighted Average Asset Allocations as of December 31,  2012   2011 
Debt securities   25%   27%
Equity securities   69%   67%
Real estate   5%   5%
Money market funds   1%   1%
    100%   100%

 

The estimated future benefit payments for the defined-benefit plans for each of the next five years and the total amount for years six through ten, are as follows: 2013-$3.4 million, 2014-$3.6 million, 2015-$3.8 million, 2016-$4.0 million, 2017-$4.1 million and for the five year period ending 2021-$22.7 million.

 

The Company determines the expected return on plan assets based on the target asset allocations. In addition, the historical returns of the plan assets are also considered in arriving at the expected rate of return.

 

The Company recorded an additional minimum pension liability adjustment, net of tax, which decreased comprehensive income by $2.1 million and $7.9 million in 2012 and 2011 and increased comprehensive income by $0.7 million in 2010, respectively.

 

57
 

 

Plan Assets

 

The current investment objective is to produce income and long-term appreciation through a target asset allocation of 35% debt securities and other fixed income investments including cash and short-term instruments, and 65% equity investments, to provide for the current and future benefit payments of the plans. The pension plans are not invested in the common stock of the Company.

 

The Company adopted the provisions of the Financial Accounting Standard Board’s Accounting Standards Codification 821.10 (“ASC 820.10”) which defines fair value, establishes a framework for measuring fair value in generally accepted accounting principles, and expands disclosures about fair value measurements. The Company has determined that all financial assets of both its defined-benefit pension plans are level 2 in the fair value hierarchy established by ASC 820.10. The valuation of level 2 assets are based on inputs, other than quoted prices in active markets, that are either directly or indirectly observable for the assets.

 

The disclosures focus on the inputs used to measure fair value. The following is a description of the valuation methodologies used to measure the plans’ assets at fair value:

 

Pooled separate accounts: Valued at the net asset value (“NAV”) of units held by the plans at year end, which is determined by aggregating the quoted market values of the underlying assets.

 

Money market funds: Valued at the NAV of shares held by the plans at year end, which is generally intended to equal one dollar per share.

 

The following table sets forth the defined-benefit plans’ assets at fair value:

 

December 31,  2012   2011 
         
Pooled separate accounts:          
Equity securities:          
U.S. small cap equity funds  $7,637   $6,742 
U.S. mid-cap equity funds   18,626    16,037 
U.S. large-cap equity funds   5,848    5,236 
International equity funds   13,083    11,229 
Domestic real estate funds   3,640    3,136 
Fixed income securities:          
Corporate bond funds   16,510    15,459 
Money market fund   546    309 
   $65,890   $58,148 

 

Defined-Contribution Plans

 

Prior to 2007, the Company also sponsored two qualified defined-contribution plans that covered substantially all of its hourly and salaried employees. Effective January 1, 2007, the qualified defined-contribution plans were merged into a single 401(k) plan. Under the terms of the 401(k) plan, the Company matches a certain portion of employee contributions. Expenses related to matching employee contributions to the 401(k) plan were $2.3 million, $2.0 million, and $1.8 million in 2012, 2011, and 2010, respectively.

 

58
 

 

Additionally, in 2012, 2011, and 2010 the Company provided supplemental discretionary contributions to the individual 401(k) accounts of substantially all employees. Each employee received a supplemental contribution to their account based on a uniform percentage of qualifying compensation established annually. The cost of these supplemental contributions totaled $3.3 million, $2.1 million, and $1.8 million in 2012, 2011, and 2010, respectively.

 

Non-Qualified Plan

 

The Company also sponsors a non-qualified defined-contribution plan, the Supplemental Executive Retirement Plan, which covered certain of its salaried employees. Only one participant, who is retired, remains in this plan.

 

9.Other Operating Expenses (Income), net

 

Other operating expenses (income), net consist of the following:

 

Year ended December 31,  2012   2011   2010 
             
(Gain) loss on sale of operating assets  $(27)  $(83)  $22 
Frozen defined-benefit pension plan expense (income)   320    (236)   398 
Total other operating expenses (income), net  $293   $(319)  $420 

 

10.Income Taxes

 

The Company files income tax returns in the U.S. federal jurisdiction and various state jurisdictions. With few exceptions, the Company is no longer subject to U.S. federal and state income tax examinations by tax authorities for years before 2008.

 

The federal and state income tax provision consisted of the following:

 

Year ended December 31,  2012   2011   2010 
   Current   Deferred   Current   Deferred   Current   Deferred 
Federal  $34,941   $(327)  $11,371   $7,948   $11,675   $1,112 
State   6,635    231    3,926    256    2,814    293 
   $41,576   $(96)  $15,297   $8,204   $14,489   $1,405 

 

The effective income tax rate varied from the statutory federal income tax rate as follows:

 

Year ended December 31,  2012   2011   2010 
Statutory federal income tax rate   35.0%   35.0%   35.0%
State income taxes, net of federal tax benefit   4.0    4.3    4.6 
Domestic production activities deduction   (3.0)   (1.8)   (2.7)
Other items   1.0    (0.5)   (0.9)
Effective income tax rate   37.0%   37.0%   36.0%

 

59
 

 

Significant components of the Company’s deferred tax assets and liabilities are as follows:

 

December 31,  2012   2011 
Deferred tax assets:          
Product liability  $391   $646 
Employee compensation and benefits   3,343    3,374 
Allowances for doubtful accounts and discounts   1,123    1,625 
Inventories   688    533 
Additional minimum pension liability   17,396    16,176 
Stock-based compensation   2,116    1,089 
Other   859    259 
Total deferred tax assets   25,916    23,702 
Deferred tax liabilities:          
Pension plans   10,205    9,217 
Depreciation   8,069    8,401 
Other   354    276 
Total deferred tax liabilities   18,628    17,894 
Net deferred tax assets  $7,288   $5,808 

 

Changes in deferred tax assets relating to the additional minimum pension liability are not charged to expense and are therefore not included in the deferred tax provision; instead they are charged to other comprehensive income.

 

The Company made income tax payments of approximately $33.0 million, $16.4 million, and $14.6 million, during 2012, 2011, and 2010, respectively. The Company expects to realize its deferred tax assets through tax deductions against future taxable income or carry back against taxes previously paid.

 

The Company does not believe it has included any “uncertain tax positions” in its federal income tax return or any of the state income tax returns it is currently filing. The Company has made an evaluation of the potential impact of additional state taxes being assessed by jurisdictions in which the Company does not currently consider itself liable. The Company does not anticipate that such additional taxes, if any, would result in a material change to its financial position.

 

60
 

 

11.Earnings Per Share

 

Set forth below is a reconciliation of the numerator and denominator for basic and diluted earnings per share calculations for the periods indicated:

 

Year ended December 31,  2012   2011   2010 
             
Numerator:               
Net income  $70,629   $40,015   $28,255 
Denominator:               
Weighted average number of common shares outstanding – Basic   19,160,849    18,919,489    19,032,557 
Dilutive effect of options and restricted stock units outstanding under the Company’s employee compensation plans   474,392    232,909    266,636 
Weighted average number of common shares outstanding – Diluted   19,635,241    19,152,398    19,299,193 

 

The dilutive effect of outstanding options and restricted stock units is calculated using the treasury stock method. The weighted average number of common shares outstanding decreased from the previous year in 2011 and 2010 as a result of the Company’s stock repurchase plans, which were authorized by the Board of Directors in 2008 and 2010. See Note 12 for further information.

 

There are no anti-dilutive stock options in 2012, 2011, and 2010 because the closing price of the Company’s stock on December 31, 2012, 2011, and 2010 exceeded the strike price of all outstanding options on that date.

 

12.Stock Repurchases

 

In the third quarter of 2010 and the first quarter of 2011 the Company repurchased shares of its common stock. Details of these purchases are as follows:

 

Period  Total
Number of
Shares
Purchased
   Average
Price Paid
per Share
   Total
Number of
Shares
Purchased as
Part of
Publicly
Announced
Program
   Maximum
Dollar Value
of Shares that
May Yet Be
Purchased
Under the
Program
 
8/3/10-8/31/10   339,000   $14.08    339,000      
9/1/10-9/22/10   73,000   $12.92    73,000      
1/4/11-1/29/11   133,400   $14.94    133,400      
Total   545,400   $14.15    545,400   $8,000,000 

 

All of these purchases were made with cash held by the Company and no debt was incurred.

 

At December 31, 2012, $8.0 million remained authorized for share repurchases.

 

61
 

 

13.Compensation Plans

 

On December 18, 2000, the Company adopted, and in May 2001 the shareholders approved, the 2001 Stock Option Plan for Non-Employee Directors (the “2001 Plan”) under which non-employee directors were granted options to purchase shares of the Company’s authorized but unissued stock. The Company reserved 200,000 shares for issuance under the 2001 Plan. In April 2007, all reserved shares for which a stock option had not been granted under the 2001 Plan were deregistered. No further stock options or stock will be granted under the 2001 Plan.

 

In April 2007, the Company adopted and the shareholders approved the 2007 Stock Incentive Plan (the “2007 SIP”) under which employees, independent contractors, and non-employee directors may be granted stock options, restricted stock, deferred stock awards, restricted stock units (“RSU’s”), and stock appreciation rights, any of which may or may not require the achievement of performance objectives. Vesting requirements are determined by the Compensation Committee of the Board of Directors. The Company reserved 2,550,000 shares for issuance under the 2007 SIP. At December 31, 2012, an aggregate of 830,000 shares remain available for grant under the Plan.

 

Compensation expense related to stock options is recognized based on the grant-date fair value of the awards estimated using the Black-Scholes option pricing model. Compensation expense related to deferred stock, restricted stock, and restricted stock units is recognized based on the grant-date fair value of the Company’s common stock. The total stock-based compensation cost included in the Statements of Income was $4.7 million, $3.0 million, and $2.6 million in 2012, 2011, and 2010, respectively.

 

Stock Options

 

For purposes of determining the fair value of stock option awards granted, the Company used the Black-Scholes option pricing model and the assumptions set forth in the table below.

 

   2012   2010 
Dividend yield   2.9%   0.0%
Expected volatility   44.2%   40.0%
Risk free rate of return   4.0%   4.0%
Expected lives   2.9 years    6.7 years 

 

The estimated fair value of options granted is subject to the assumptions made and if the assumptions changed, the estimated fair value amounts could be significantly different.

 

62
 

 

The following table summarizes the stock option activity of the Plans:

 

   Shares   Weighted
Average
Exercise Price
   Weighted
Average
Grant Date
Fair Value
   Weighted
Average
Remaining
Contractual
Life (Years)
 
Outstanding at December 31, 2009   1,498,150   $9.00   $4.13    7.1 
Granted   40,000    9.70    4.80    9.0 
Exercised   (366,000)   8.11    3.15    4.5 
Canceled   -    -    -    - 
Outstanding at December 31, 2010   1,172,150    9.30    4.46    6.7 
Granted   -    -    -    - 
Exercised   (843,450)   9.58    4.48    5.0 
Canceled   -    -    -    - 
Outstanding at December 31, 2011   328,700    8.58    4.42    6.2 
Granted   9,830    8.59    32.57    5.6 
Exercised   (217,820)   7.92    4.40    4.8 
Canceled   (250)   8.69    4.57    6.3 
Outstanding at December 31, 2012   120,460    8.58    6.76    5.7 
Exercisable Options Outstanding at December 31, 2012   52,583    8.65    6.97    5.4 
Non-Vested Options Outstanding at December 31, 2012   67,877   $9.22   $6.81    5.6 

 

At December 31, 2012, the aggregate intrinsic value of all options, including exercisable options, was $4.4 million.

 

At December 31, 2012, there was $0.2 million of unrecognized compensation cost related to stock options that is expected to be recognized over a weighted-average period of 1.2 years.

 

Deferred Stock

 

Deferred stock awards vest based on the passage of time or the Company’s attainment of performance objectives. Upon vesting, these awards convert one-for-one to common stock.

 

In 2012, 4,542 deferred stock awards were issued to non-employee directors that will vest in April 2013 and 6,102 deferred stock awards were issued to non-employee directors that will vest in April 2015.

 

In 2011, 9,487 deferred stock awards were issued to non-employee directors that vested in April 2012 and 12,744 deferred stock awards were issued to non-employee directors that will vest in April 2014.

 

In 2010, 12,902 deferred stock awards were issued to non-employee directors that vested in April 2011 and 17,331 deferred stock awards were issued to non-employee directors that will vest in April 2013.

 

63
 

 

Compensation expense related to these awards is amortized ratably over the vesting period. Compensation expense related to these awards was $0.5 million, $0.5 million and $0.3 million in 2012, 2011, and 2010, respectively.

 

Restricted Stock Units

 

Beginning in the second quarter of 2009, the Company began granting restricted stock units in lieu of incentive stock options to senior employees. These RSU’s have a vesting “double trigger.” The vesting of these RSU’s is dependent on the achievement of corporate objectives established by the Compensation Committee of the Board of Directors and the passage of time.

 

During 2012, 139,000 restricted stock units were issued. Compensation costs related to these restricted stock units was $6.2 million, of which $1.2 million was recognized in 2012. The remaining costs will be recognized ratably over the remaining period required before the units to vest, which ranges from two to four years.

 

During 2011, 524,000 restricted stock units were issued. Compensation costs related to these restricted stock units was $10.7 million, of which $2.5 million and $1.8 million was recognized in 2012 and 2011, respectively. The remaining costs will be recognized ratably over the remaining period required before the units to vest, which ranges from one to three years.

 

During 2010, 76,000 restricted stock units were issued. Compensation costs related to these restricted stock units was $1.1 million, all of which was recognized in 2010 because the performance objectives were attained and the awards became fully vested.

 

14.Operating Segment Information

 

The Company has two reportable operating segments: firearms and investment castings. The firearms segment manufactures and sells rifles, pistols, and revolvers principally to a number of federally-licensed, independent wholesale distributors primarily located in the United States. The investment castings segment manufactures and sells steel investment castings.

 

Corporate segment income relates to interest income on short-term investments, the sale of non-operating assets, and other non-operating activities. Corporate segment assets consist of cash and short-term investments and other non-operating assets.

 

64
 

 

The Company evaluates performance and allocates resources, in part, based on profit and loss before taxes. The accounting policies of the reportable segments are the same as those described in the summary of significant accounting policies (see Note 1). Intersegment sales are recorded at the Company’s cost plus a fixed profit percentage.

 

Year ended December 31,  2012   2011   2010 
Net Sales               
Firearms  $484,933   $324,200   $251,680 
Castings               
Unaffiliated   6,891    4,616    3,526 
Intersegment   26,462    18,122    14,677 
    33,353    22,738    18,203 
Eliminations   (26,462)   (18,122)   (14,677)
   $491,824   $328,816   $255,206 
Income (Loss) Before Income Taxes               
Firearms  $113,660   $66,484   $48,160 
Castings   (1,858)   (2,254)   (1,637)
Corporate   307    (714)   (2,374)
   $112,109   $63,516   $44,149 
Identifiable Assets               
Firearms  $120,879   $103,545   $82,179 
Castings   6,467    5,290    4,683 
Corporate   47,140    97,675    70,899 
   $174,486   $206,510   $157,761 
Depreciation               
Firearms  $13,413   $11,373   $8,502 
Castings   823    775    705 
   $14,236   $12,148   $9,207 
Capital Expenditures               
Firearms  $26,773   $20,719   $18,904 
Castings   509    1,416    505 
   $27,282   $22,135   $19,409 

 

In 2012, the Company’s largest customers and the percent of total sales they represented were as follows: Davidson’s-17%; Jerry’s/Ellett Brothers-14%; Lipsey’s-13%; and Sports South-12%

 

In 2011, the Company’s largest customers and the percent of total sales they represented were as follows: Jerry’s/Ellett Brothers-15%; Davidson’s-14%; Sports South-12%; and Lipsey’s-12%.

 

In 2010, the Company’s largest customers and the percent of total sales they represented were as follows: Jerry’s/Ellett Brothers-16%; Davidson’s-12%; Lipsey’s-11%; and Sports South-11%.

 

The Company’s assets are located entirely in the United States and domestic sales represent greater than 94% of total sales in 2012, 2011, and 2010.

 

65
 

 

15.Quarterly Results of Operations (Unaudited)

 

The following is a tabulation of the unaudited quarterly results of operations for the two years ended December 31, 2012:

 

   Three Months Ended 
   3/31/12   6/30/12   9/29/12   12/31/12 
Net Sales  $ 112,337   $ 119,569   $ 118,152   $ 141,766 
Gross profit   41,793    45,134    42,565    49,461 
Net income   15,480    18,014    17,349    19,786 
Basic earnings per share   0.81    0.94    0.91    1.03 
Diluted earnings per share  $0.79   $0.91   $0.88   $1.00 

 

   Three Months Ended 
   4/02/11   7/02/11   10/01/11   12/31/11 
Net Sales  $75,441   $79,622   $80,512   $93,241 
Gross profit   23,995    28,465    29,127    30,172 
Net income   7,947    10,813    10,737    10,518 
Basic earnings per share   0.42    0.57    0.57    0.55 
Diluted earnings per share  $0.42   $0.56   $0.56   $0.54 

 

16.Contingent Liabilities

 

As of December 31, 2012, the Company was a defendant in approximately two (2) lawsuits and was aware of certain other such claims. Lawsuits in which the Company is involved generally fall into one of three categories: traditional product litigation, municipal litigation, and commercial litigation, discussed in turn below.

 

Traditional Product Liability Litigation

 

One of the two lawsuits mentioned above involves claims for damages related to allegedly defective product design and/or manufacture and/or inadequate warnings. The lawsuit stems from a specific incident of personal injury and is based on traditional product liability theories such as strict liability, negligence and/or breach of warranty. The Company management believes that the allegations in this case are unfounded, and that the incident was caused by the negligence and/or misuse of the firearm by third parties or the claimant, and that there should be no recovery against the Company.

 

Municipal Litigation

 

Municipal litigation generally includes those cases brought by cities or other governmental entities and individuals against firearms manufacturers, distributors and retailers seeking to recover damages allegedly arising out of the misuse of firearms by third-parties in the commission of homicides, suicides and other shootings involving juveniles and adults.

 

66
 

 

The only remaining lawsuit of this type was filed by the City of Gary in Indiana State Court over ten years ago. The complaint seeks damages, among other things, for the costs of medical care, police and emergency services, public health services, and other services as well as punitive damages. In addition, nuisance abatement and/or injunctive relief is sought to change the design, manufacture, marketing, and distribution practices of the various defendants. The suit alleges, among other claims, negligence in the design of products, public nuisance, negligent distribution and marketing, negligence per se and deceptive advertising. The case does not allege a specific injury to a specific individual as a result of the misuse or use of any of the Company’s products.

 

After a long procedural history, the case was scheduled for trial on June 15, 2009. The case was not tried on that date and no subsequent scheduling order was entered. There has been no activity since that time.

 

Commercial Litigation

 

From time to time, the Company may be involved in commercial disputes that result in litigation. These disputes run the gamut and may involve intellectual property, real property, supply or distribution agreements, contract disputes, or other, general commercial matters. As of December 31, 2012, the Company was not involved in any such lawsuits.

 

Summary of Claimed Damages and Explanation of Product Liability Accruals

 

Punitive damages, as well as compensatory damages, are demanded in certain of the lawsuits and claims. Aggregate claimed amounts presently exceed product liability accruals and applicable insurance coverage. For claims made after July 10, 2000, coverage is provided on an annual basis for losses exceeding $5 million per claim, or an aggregate maximum loss of $10 million annually, except for certain new claims which might be brought by governments or municipalities after July 10, 2000, which are excluded from coverage.

 

The Company management monitors the status of known claims and the product liability accrual, which includes amounts for asserted and unasserted claims. While it is not possible to forecast the outcome of litigation or the timing of costs, in the opinion of management, after consultation with special and corporate counsel, there is a remote likelihood that litigation, including punitive damage claims, will have a material adverse effect on the financial position of the Company, but may have a material impact on the Company’s financial results for a particular period.

 

Product liability claim payments are made when appropriate if, as, and when claimants and the Company reach agreement upon an amount to finally resolve all claims. Legal costs are paid as the lawsuits and claims develop, the timing of which may vary greatly from case to case. A time schedule cannot be determined in advance with any reliability concerning when payments will be made in any given case.

 

Provision is made for product liability claims based upon many factors related to the severity of the alleged injury and potential liability exposure, based upon prior claim experience. Because our experience in defending these lawsuits and claims is that unfavorable outcomes are typically not probable or estimable, only in rare cases is an accrual established for such costs. In most cases, an accrual is established only for estimated legal defense costs. Product liability accruals are periodically reviewed to reflect then-current estimates of possible liabilities and expenses incurred to date and reasonably anticipated in the future. Threatened product liability claims are reflected in our product liability accrual on the same basis as actual claims; i.e., an accrual is made for reasonably anticipated possible liability and claims-handling expenses on an ongoing basis.

 

67
 

 

A range of reasonably possible loss relating to unfavorable outcomes cannot be made. However, in product liability cases in which a dollar amount of damages is claimed, the amount of damages claimed, which totaled $0.0 million and $5.4 million at December 31, 2012 and 2011, respectively, are set forth as an indication of possible maximum liability that the Company might be required to incur in these cases (regardless of the likelihood or reasonable probability of any or all of this amount being awarded to claimants) as a result of adverse judgments that are sustained on appeal.

 

As of December 31, 2012 and 2011, the Company was a defendant in 2 and 3 lawsuits, respectively, involving its products and is aware of other such claims. During 2012 and 2011, respectively, 2 and 1 claims were filed against the Company, 3 and 0 claims were dismissed, and no claims were settled in either year.

 

The Company’s product liability expense was $0.2 million in 2012 and $1.6 million in 2011. This expense includes the cost of outside legal fees, insurance, and other expenses incurred in the management and defense of product liability matters.

 

68
 

 

A roll-forward of the product liability reserve and detail of product liability expense for the three years ended December 31, 2012 follows:

 

Balance Sheet Roll-forward for Product Liability Reserve

 

           Cash Payments     
  

Balance

Beginning

of Year (a)

   Accrued
Legal
Expense
(Income)
(b)
   Legal Fees
(c)
   Settlements
(d)
   Balance End
of Year (a)
 
                     
2010   2,082    (834)   (64)   (162)   1,022 
                          
2011   1,022    755    (31)   -    1,746 
                          
2012   1,746    (633)   (52)   (4)   1,057 

 

Income Statement Detail for Product Liability Expense

 

   Accrued
Legal
Expense (b)
   Insurance
Premium
Expense (e)
   Total
Product
Liability
Expense
 
             
2010   (834)   843    9 
                
2011   755    862    1,617 
                
2012   (633)   810    177 

 

Notes

 

(a)The beginning and ending liability balances represent accrued legal fees only. Settlements and administrative costs are expensed as incurred. Only in rare instances is an accrual established for settlements.

 

(b)The expense accrued in the liability is for legal fees only. In 2010 and 2012, the costs incurred related to cases that were settled or dismissed were less than the amounts accrued for these cases in prior years.

 

(c)Legal fees represent payments to outside counsel related to product liability matters.

 

(d)Settlements represent payments made to plaintiffs or allegedly injured parties in exchange for a full and complete release of liability.

 

(e)Insurance expense represents the cost of insurance premiums.

 

There were no insurance recoveries during any of the above years.

 

69
 

 

17.Financial Instruments

 

The Company does not hold or issue financial instruments for trading or hedging purposes, nor does it hold interest rate, leveraged, or other types of derivative financial instruments. Fair values of accounts receivable, accounts payable, accrued expenses and income taxes payable reflected in the December 31, 2012 and 2011 balance sheets approximate carrying values at those dates.

 

18.Subsequent Events

 

On February 11, 2013, the Company’s Board of Directors authorized a dividend of 40.4¢ per share to shareholders of record on March 8, 2013.

 

The Company’s management has evaluated transactions occurring subsequent to December 31, 2012 and determined that there were no events or transactions during that period that would have a material impact on the Company’s results of operations or financial position.

 

ITEM 9— CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE

 

None.

 

ITEM 9A—CONTROLS AND PROCEDURES

 

Evaluation of Disclosure Controls and Procedures

 

The Company conducted an evaluation, with the participation of its Chief Executive Officer and Chief Financial Officer, of the effectiveness of the design and operation of the Company’s disclosure controls and procedures, as defined in Rules 13a-15(e) and 15d-15(e) under the Securities Exchange Act of 1934, as amended, as of December 31, 2012. Based upon that evaluation, the Chief Executive Officer and Chief Financial Officer have concluded that as of December 31, 2012, the Company’s disclosure controls and procedures over financial reporting were effective.

 

Management’s Report on Internal Control over Financial Reporting

 

The Company’s management is responsible for establishing and maintaining adequate internal control over financial reporting as defined in Rules 13a-15(f) and 15d-15(f) under the Securities Exchange Act of 1934. Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.

 

The Company conducted an evaluation, with the participation of its Chief Executive Officer and Chief Financial Officer, of the effectiveness of its internal control over financial reporting as of December 31, 2012. This evaluation was performed based on the criteria established in “Internal Control — Integrated Framework” issued by the Committee of Sponsoring Organizations of the Treadway Commission (“COSO”).

 

70
 

 

Management has concluded that the Company maintained effective internal control over financial reporting as of December 31, 2012, based on criteria established in “Internal Control — Integrated Framework” issued by the COSO.

 

The effectiveness of the Company’s internal control over financial reporting as of December 31, 2012 has been audited by McGladrey LLP, an independent registered public accounting firm, as stated in their report which is included in this Form 10-K.

 

Changes in Internal Control over Financial Reporting

 

There were no changes in our internal control over financial reporting that occurred during our most recently completed fiscal quarter that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting.

 

New York Stock Exchange Certification

 

Pursuant to Section 303A.12(a) of the New York Stock Exchange Listed Company Manual, the Company submitted an unqualified certification of our Chief Executive Officer to the New York Stock Exchange on May 15, 2007. The Company has also filed, as exhibits to this Annual Report on Form 10-K, the Chief Executive Officer and Chief Financial Officer Certifications required under the Sarbanes-Oxley Act of 2002.

 

ITEM 9B—OTHER INFORMATION

 

None.

 

71
 

 

PART III

 

ITEM 10—DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE

 

Information concerning the Company’s directors, including the Company’s separately designated standing audit committee, and on the Company’s code of business conduct and ethics required by this Item is incorporated by reference from the Company’s Proxy Statement relating to the 2013 Annual Meeting of Stockholders scheduled to be held April 30, 2013.

 

Information concerning the Company’s executive officers required by this Item is set forth in Item 1 of this Annual Report on Form 10-K under the caption “Executive Officers of the Company.”

 

Information concerning beneficial ownership reporting compliance required by this Item is incorporated by reference from the Company’s Proxy Statement relating to the 2013 Annual Meeting of Stockholders scheduled to be held April 30, 2013.

 

ITEM 11—EXECUTIVE COMPENSATION

 

Information concerning director and executive compensation required by this Item is incorporated by reference from the Company’s Proxy Statement relating to the 2013 Annual Meeting of Stockholders scheduled to be held April 30, 2013.

 

ITEM 12— SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS

 

Information concerning the security ownership of certain beneficial owners and management and related stockholder matters required by this Item is incorporated by reference from the Company’s Proxy Statement relating to the 2013 Annual Meeting of Stockholders scheduled to be held April 30, 2013.

 

ITEM 13—CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS AND DIRECTOR INDEPENDENCE

 

Information concerning certain relationships and related transactions required by this Item is incorporated by reference from the Company’s Proxy Statement relating to the 2013 Annual Meeting of Stockholders scheduled to be held April 30, 2013.

 

ITEM 14—PRINCIPAL ACCOUNTANT FEES AND SERVICES

 

Information concerning the Company’s principal accountant fees and services and the pre-approval policies and procedures of the audit committee of the board of directors required by this Item is incorporated by reference from the Company’s Proxy Statement relating to the 2013 Annual Meeting of Stockholders scheduled to be held April 30, 2013.

 

72
 

 

PART IV

 

ITEM 15—EXHIBITS AND FINANCIAL STATEMENT SCHEDULES

 

(a)Exhibits and Financial Statement Schedules

 

(1)Financial Statements can be found under Item 8 of Part II of this Form 10-K

 

(2)Schedules can be found on Page 84 of this Form 10-K

 

(3)Listing of Exhibits:

 

Exhibit 3.1   Certificate of Incorporation of the Company, as amended (Incorporated by reference to Exhibits 4.1 and 4.2 to the Form S-3 Registration Statement previously filed by the Company File No. 33-62702).  
       
Exhibit 3.2   Bylaws of the Company, as amended.  
       
Exhibit 3.3   Amended and restated Article 3, Section 2 of Bylaws (Incorporated by reference to Exhibit 3.1 to the Company’s Current Report on Form 8-K filed with the SEC on April 24, 2007).  
       
Exhibit 3.4   Amended and restated Article 3, Section 4 and Article 4, Section 5 of Bylaws (Incorporated by reference to Exhibit 3.1 to the Company’s Current Report on Form 8-K filed with the SEC on April 24, 2007).  
       
Exhibit 3.5   Amended and restated Bylaws (Incorporated by reference to Exhibit 3.1 to the Company’s Current Report on Form 8-K filed with the SEC on July 26, 2007).  
       
Exhibit 3.6   Amended and restated Bylaws (Incorporated by reference to Exhibit 3.1 to the Company’s Current Report on Form 8-K filed with the SEC on April 25, 2008).  
       
Exhibit 3.7   Amendment to Article 5, Section 1 of Bylaws (Incorporated by reference to Exhibit 3.1 to the Company’s Current Report on Form 8-K filed with the SEC on February 6, 2009).  
       
Exhibit 10.1   Sturm, Ruger & Company, Inc. 1986 Stock Bonus Plan (Incorporated by reference to Exhibit 10.1 to the Company’s Annual Report on Form 10-K for the year ended December 31, 1988, as amended by Form 8 filed March 27, 1990, SEC File No. 1-10435).  
       
Exhibit 10.2   Amendment to Sturm, Ruger & Company, Inc. 1986 Stock Bonus Plan (Incorporated by reference to Exhibit 10.3 to the Company’s Annual Report on Form 10-K for the year ended December 31, 1991, SEC File No. 1-10435).  

 

73
 

 

Exhibit 10.3   Sturm, Ruger & Company, Inc. Supplemental Executive Profit Sharing Retirement Plan (Incorporated by reference to Exhibit 10.4 to the Company’s Annual Report on Form 10-K for the year ended December 31, 1991, SEC File No. 1-10435).  
       
Exhibit 10.4   Agreement and Assignment of Lease dated September 30, 1987 by and between Emerson Electric Co. and Sturm, Ruger & Company, Inc. (Incorporated by reference to Exhibit 10.2 to the Company’s Annual Report on Form 10-K for the year ended December 31, 1991, SEC File No. 1-10435).  
       
Exhibit 10.5   Sturm, Ruger & Company, Inc. Supplemental Executive Retirement Plan (Incorporated by reference to Exhibit 10.5 to the Company’s Annual Report on Form 10-K for the year ended December 31, 1995, SEC File No. 1-10435).  
       
Exhibit 10.6   [Intentionally omitted.]  
       
Exhibit 10.7   Sturm, Ruger & Company, Inc. 1998 Stock Incentive Plan. (Incorporated by reference to Exhibit 10.7 to the Company’s Annual Report on Form 10-K for the year ended December 31, 1998, SEC File No. 1-10435).  
       
Exhibit 10.8   Sturm, Ruger & Company, Inc. 2001 Stock Option Plan for Non-Employee Directors (Incorporated by reference to Exhibit 4 to the Form S-8 Registration Statement filed by the Company File No. 33-53234).  
       
Exhibit 10.9   Agreement and Release, dated as of February 28, 2006, by and between Sturm, Ruger & Company, Inc. and William B. Ruger (Incorporated by reference to Exhibit 10.1 to the Company’s Current Report on Form 8-K filed with the SEC on April 4, 2006, SEC File No. 1-10435).  
       
Exhibit 10.10   Sale and Purchase Agreement, dated as of September 26, 2006, by and between Sturm, Ruger & Company, Inc. and Ruger Business Holdings, L.P. (Incorporated by reference to Exhibit 10.1 to the Company’s Current Report on Form 8-K filed with the SEC on September 26, 2006, SEC File No. 1-10435).  
       
Exhibit 10.11   Severance Agreement, dated as of September 21, 2006, by and between Sturm, Ruger & Company, Inc. and Stephen L. Sanetti (Incorporated by reference to Exhibit 10.1 to the Company’s Current Report on Form 8-K filed with the SEC on September 27, 2006, SEC File No. 1-10435).  
       
Exhibit 10.12   Severance Agreement, dated as of September 21, 2006, by and between Sturm, Ruger & Company, Inc. and Thomas A. Dineen (Incorporated by reference to Exhibit 10.2 to the Company’s Current Report on Form 8-K filed with the SEC on September 27, 2006, SEC File No. 1-10435).  

 

74
 

 

Exhibit 10.13   Severance Agreement, dated as of September 21, 2006, by and between Sturm, Ruger & Company, Inc. and Robert R. Stutler (Incorporated by reference to Exhibit 10.4 to the Company’s Current Report on Form 8-K filed with the SEC on September 27, 2006, SEC File No. 1-10435).  
       
Exhibit 10.14   Offer Letter, dated as of September 5, 2006, by and between Sturm, Ruger & Company, Inc. and Michael O. Fifer (Incorporated by reference to Exhibit 10.1 to the Company’s Current Report on Form 8-K filed with the SEC on September 28, 2006, SEC File No. 1-10435).  
       
Exhibit 10.15   Severance Agreement, dated as of December 15, 2006, by and between Sturm, Ruger & Company, Inc. and Michael O. Fifer (Incorporated by reference to Exhibit 10.1 to the Company’s Current Report on Form 8-K filed with the SEC on December 19, 2006, SEC File No. 1-10435).  
       
Exhibit 10.16   Severance Agreement, dated as of December 15, 2006, by and between Sturm, Ruger & Company, Inc. and Christopher John Killoy (Incorporated by reference to Exhibit 10.2 to the Company’s Current Report on Form 8-K filed with the SEC on December 19, 2006, SEC File No. 1-10435).  
       
Exhibit 10.17   Amended Severance Agreement, dated as of December 15, 2006, by and between Sturm, Ruger & Company, Inc. and Thomas P. Sullivan (Incorporated by reference to Exhibit 10.3 to the Company’s Current Report on Form 8-K filed with the SEC on December 19, 2006, SEC File No. 1-10435).  
       
Exhibit 10.18   Retention and Consultation Agreement, dated December 4, 2007, by and between Sturm, Ruger & Company, Inc. and Robert R. Stutler.  
       
Exhibit 10.19   Credit Agreement, dated as of December 14, 2007, by and between the Company and Bank of America (Incorporated by reference to Exhibit 10.18 to the Company's Current Report on Form 8-K filed with the SEC on December 20, 2007).  
       
Exhibit 10.20   Severance Agreement, dated as of April 10, 2008, by and between the Company and Michael O. Fifer (Incorporated by reference to Exhibit 10.1 to the Company's Current Report on Form 8-K filed with the SEC on April 11, 2008).  
       
Exhibit 10.21   Severance Agreement, dated as of April 10, 2008, by and between the Company and Thomas A. Dineen (Incorporated by reference to Exhibit 10.2 to the Company's Current Report on Form 8-K filed with the SEC on April 11, 2008).  
       
Exhibit 10.22   Severance Agreement, dated as of April 10, 2008, by and between the Company and Mark T. Lang (Incorporated by reference to Exhibit 10.3 to the Company's Current Report on Form 8-K filed with the SEC on April 11, 2008).  

 

75
 

 

Exhibit 10.23   Severance Agreement, dated as of April 10, 2008, by and between the Company and Christopher J. Killoy (Incorporated by reference to Exhibit 10.4 to the Company's Current Report on Form 8-K filed with the SEC on April 11, 2008).  
       
Exhibit 10.24   Severance Agreement, dated as of April 10, 2008, by and between the Company and Steven M. Maynard (Incorporated by reference to Exhibit 10.5 to the Company's Current Report on Form 8-K filed with the SEC on April 11, 2008).  
       
Exhibit 10.25   Severance Agreement, dated as of April 10, 2008, by and between the Company and Thomas P. Sullivan (Incorporated by reference to Exhibit 10.6 to the Company's Current Report on Form 8-K filed with the SEC on April 11, 2008).  
       
Exhibit 10.26   Severance Agreement, dated as of April 10, 2008, by and between the Company and Leslie M. Gasper (Incorporated by reference to Exhibit 10.7 to the Company's Current Report on Form 8-K filed with the SEC on April 11, 2008).  
       
Exhibit 10.27   Agreement, dated as of April 10, 2008, by and between the Company and Stephen L. Sanetti (Incorporated by reference to Exhibit 10.8 to the Company's Current Report on Form 8-K/A filed with the SEC on April 30, 2008).  
       
Exhibit 10.28   Severance Agreement, dated as of May 2, 2008 by and between the Company and Kevin B. Reid, Sr. (Incorporated by reference to Exhibit 10.1 to the Company's Current Report on Form 8-K filed with the SEC on May 5, 2008).  
       
Exhibit 10.29  

First Amendment to Credit Agreement, dated as of December 15, 2008, by and between the Company and Bank of America (Incorporated by reference to Exhibit 99.1 to the Company's Current Report on Form 8-K filed with the SEC on December 22, 2008).

 
       
Exhibit 10.30   Second Amendment to Credit Agreement, dated December 11, 2009, by and between the Company and Bank of America (Incorporated by reference to Exhibit 99.1 to the Company's Current Report on Form 8-K filed with the SEC on December 21, 2009).  
       
Exhibit 10.31   Fifth Amendment to Credit Agreement, dated February 14, 2013 by and between the Company and Bank of America (Incorporated by reference to Exhibit 99.1 to the Company's Current Report on Form 8-K filed with the SEC on February 21, 2013).  
       
Exhibit 23.1   Consent of McGladrey LLP  
       
Exhibit 31.1   Certification of Chief Executive Officer Pursuant to Rule 13a-14(a) of the Exchange Act.  
       
Exhibit 31.2   Certification of Treasurer and Chief Financial Officer Pursuant to Rule 13a-14(a) of the Exchange Act.  

 

76
 

 

Exhibit 32.1   Certification of the Chief Executive Officer Pursuant to Rule 13a-14(b) of the Exchange Act and 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.  
       
Exhibit 32.2   Certification of the Treasurer and Chief Financial Officer Pursuant to Rule 13a-14(b) of the Exchange Act and 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.  
       
Exhibit 99.1   Item 1 LEGAL PROCEEDINGS from the Quarterly Report on Form 10-Q of the Company for the quarter ended September 30, 1999, SEC File No. 1-10435, incorporated by reference in Item 3 LEGAL PROCEEDINGS.  
       
Exhibit 99.2   Item 1 LEGAL PROCEEDINGS from the Quarterly Report on Form 10-Q of the Company for the quarter ended June 30, 2012, SEC File No. 1-10435, incorporated by reference in Item 3 LEGAL PROCEEDINGS.  

 

77
 

 

SIGNATURES

 

Pursuant to the requirements of Section 13 or 15(d) 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.

 

  STURM, RUGER & COMPANY, INC.
  (Registrant)
   
  S/THOMAS A. DINEEN
  Thomas A. Dineen
  Principal Financial Officer
  Principal Accounting Officer, Vice President
  Treasurer and Chief Financial Officer
   
  February 27, 2013
  Date

 

Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

 

S/MICHAEL O. FIFER 2/27/13   S/JOHN A. COSENTINO, JR. 2/27/13
Michael O. Fifer     John A. Cosentino, Jr.  
Chief Executive Officer, Director     Director  
(Principal Executive Officer)        
         
S/JAMES E. SERVICE 2/27/13   S/RONALD C. WHITAKER 2/27/13
James E. Service     Ronald C. Whitaker  
Director     Director  
         
         
S/C. MICHAEL JACOBI 2/27/13   S/PHILLIP C. WIDMAN 2/27/13
C. Michael Jacobi     Phillip C. Widman  
Director     Director  
         
S/AMIR P. ROSENTHAL 2/27/13   S/THOMAS A. DINEEN 2/27/13
Amir P. Rosenthal     Thomas A. Dineen  
Director     Principal Financial Officer,  
     

Principal Accounting Officer, Vice President, Treasurer

and Chief Financial Officer

 

78
 

 

EXHIBIT INDEX

 

        Page No.
Exhibit 3.1   Certificate of Incorporation of the Company, as amended (Incorporated by reference to Exhibits 4.1 and 4.2 to the Form S-3 Registration Statement previously filed by the Company File No. 33-62702).    
         
Exhibit 3.2   Bylaws of the Company, as amended.    
         
Exhibit 3.3   Amended and restated Article 3, Section 2 of Bylaws (Incorporated by reference to Exhibit 3.1 to the Company’s Current Report on Form 8-K filed with the SEC on April 24, 2007).    
         
Exhibit 3.4   Amended and restated Article 3, Section 4 and Article 4, Section 5 of Bylaws (Incorporated by reference to Exhibit 3.1 to the Company’s Current Report on Form 8-K filed with the SEC on April 24, 2007).    
         
Exhibit 3.5   Amended and restated Bylaws (Incorporated by reference to Exhibit 3.1 to the Company’s Current Report on Form 8-K filed with the SEC on July 26, 2007).    
         
Exhibit 3.6   Amended and restated Bylaws (Incorporated by reference to Exhibit 3.1 to the Company’s Current Report on Form 8-K filed with the SEC on April 25, 2008).    
         
Exhibit 3.7   Amendment to Article 5, Section 1 of Bylaws (Incorporated by reference to Exhibit 3.1 to the Company’s Current Report on Form 8-K filed with the SEC on February 6, 2009).    
         
Exhibit 10.1   Sturm, Ruger & Company, Inc. 1986 Stock Bonus Plan (Incorporated by reference to Exhibit 10.1 to the Company’s Annual Report on Form 10-K for the year ended December 31, 1988, as amended by Form 8 filed March 27, 1990, SEC File No. 1-10435).    
         
Exhibit 10.2   Amendment to Sturm, Ruger & Company, Inc. 1986 Stock Bonus Plan (Incorporated by reference to Exhibit 10.3 to the Company’s Annual Report on Form 10-K for the year ended December 31, 1991, SEC File No. 1-10435).    
         
Exhibit 10.3   Sturm, Ruger & Company, Inc. Supplemental Executive Profit Sharing Retirement Plan (Incorporated by reference to Exhibit 10.4 to the Company’s Annual Report on Form 10-K for the year ended December 31, 1991, SEC File No. 1-10435).    
         
Exhibit 10.4   Agreement and Assignment of Lease dated September 30, 1987 by and between Emerson Electric Co. and Sturm, Ruger & Company, Inc. (Incorporated by reference to Exhibit 10.2 to the Company’s Annual Report on Form 10-K for the year ended December 31, 1991, SEC File No. 1-10435).    

 

79
 

 

EXHIBIT INDEX (continued)

 

Exhibit 10.5   Sturm, Ruger & Company, Inc. Supplemental Executive Retirement Plan (Incorporated by reference to Exhibit 10.5 to the Company’s Annual Report on Form 10-K for the year ended December 31, 1995, SEC File No. 1-10435).    
         
Exhibit 10.6   [Intentionally omitted.]    
         
Exhibit 10.7   Sturm, Ruger & Company, Inc. 1998 Stock Incentive Plan. (Incorporated by reference to Exhibit 10.7 to the Company’s Annual Report on Form 10-K for the year ended December 31, 1998, SEC File No. 1-10435).    
         
Exhibit 10.8   Sturm, Ruger & Company, Inc. 2001 Stock Option Plan for Non-Employee Directors (Incorporated by reference to Exhibit 4 to the Form S-8 Registration Statement filed by the Company File No. 33-53234).    
         
Exhibit 10.9   Agreement and Release, dated as of February 28, 2006, by and between Sturm, Ruger & Company, Inc. and William B. Ruger (Incorporated by reference to Exhibit 10.1 to the Company’s Current Report on Form 8-K filed with the SEC on April 4, 2006, SEC File No. 1-10435).    
         
Exhibit 10.10   Sale and Purchase Agreement, dated as of September 26, 2006, by and between Sturm, Ruger & Company, Inc. and Ruger Business Holdings, L.P. (Incorporated by reference to Exhibit 10.1 to the Company’s Current Report on Form 8-K filed with the SEC on September 26, 2006, SEC File No. 1-10435).    
         
Exhibit 10.11   Severance Agreement, dated as of September 21, 2006, by and between Sturm, Ruger & Company, Inc. and Stephen L. Sanetti (Incorporated by reference to Exhibit 10.1 to the Company’s Current Report on Form 8-K filed with the SEC on September 27, 2006, SEC File No. 1-10435).    
         
Exhibit 10.12   Severance Agreement, dated as of September 21, 2006, by and between Sturm, Ruger & Company, Inc. and Thomas A. Dineen (Incorporated by reference to Exhibit 10.2 to the Company’s Current Report on Form 8-K filed with the SEC on September 27, 2006, SEC File No. 1-10435).    
         
Exhibit 10.13   Severance Agreement, dated as of September 21, 2006, by and between Sturm, Ruger & Company, Inc. and Robert R. Stutler (Incorporated by reference to Exhibit 10.4 to the Company’s Current Report on Form 8-K filed with the SEC on September 27, 2006, SEC File No. 1-10435).    
         
Exhibit 10.14   Offer Letter, dated as of September 5, 2006, by and between Sturm, Ruger & Company, Inc. and Michael O. Fifer (Incorporated by reference to Exhibit 10.1 to the Company’s Current Report on Form 8-K filed with the SEC on September 28, 2006, SEC File No. 1-10435).    

 

80
 

EXHIBIT INDEX (continued)

 

Exhibit 10.15   Severance Agreement, dated as of December 15, 2006, by and between Sturm, Ruger & Company, Inc. and Michael O. Fifer (Incorporated by reference to Exhibit 10.1 to the Company’s Current Report on Form 8-K filed with the SEC on December 19, 2006, SEC File No. 1-10435).    
         
Exhibit 10.16   Severance Agreement, dated as of December 15, 2006, by and between Sturm, Ruger & Company, Inc. and Christopher John Killoy (Incorporated by reference to Exhibit 10.2 to the Company’s Current Report on Form 8-K filed with the SEC on December 19, 2006, SEC File No. 1-10435).    
         
Exhibit 10.17   Amended Severance Agreement, dated as of December 15, 2006, by and between Sturm, Ruger & Company, Inc. and Thomas P. Sullivan (Incorporated by reference to Exhibit 10.3 to the Company’s Current Report on Form 8-K filed with the SEC on December 19, 2006, SEC File No. 1-10435).    
         
Exhibit 10.18   Retention and Consultation Agreement, dated December 4, 2007, by and between Sturm, Ruger & Company, Inc. and Robert R. Stutler.    
         
Exhibit 10.19   Credit Agreement, dated as of December 14, 2007, by and between the Company and Bank of America (Incorporated by reference to Exhibit 10.18 to the Company's Current Report on Form 8-K filed with the SEC on December 20, 2007).    
         
Exhibit 10.20   Severance Agreement, dated as of April 10, 2008, by and between the Company and Michael O. Fifer (Incorporated by reference to Exhibit 10.1 to the Company's Current Report on Form 8-K filed with the SEC on April 11, 2008).    
         
Exhibit 10.21   Severance Agreement, dated as of April 10, 2008, by and between the Company and Thomas A. Dineen (Incorporated by reference to Exhibit 10.2 to the Company's Current Report on Form 8-K filed with the SEC on April 11, 2008).    
         
Exhibit 10.22   Severance Agreement, dated as of April 10, 2008, by and between the Company and Mark T. Lang (Incorporated by reference to Exhibit 10.3 to the Company's Current Report on Form 8-K filed with the SEC on April 11, 2008).    
         
Exhibit 10.23   Severance Agreement, dated as of April 10, 2008, by and between the Company and Christopher J. Killoy (Incorporated by reference to Exhibit 10.4 to the Company's Current Report on Form 8-K filed with the SEC on April 11, 2008).    
         
Exhibit 10.24   Severance Agreement, dated as of April 10, 2008, by and between the Company and Steven M. Maynard (Incorporated by reference to Exhibit 10.5 to the Company's Current Report on Form 8-K filed with the SEC on April 11, 2008).    

 

81
 

 

EXHIBIT INDEX (continued)

 

Exhibit 10.25   Severance Agreement, dated as of April 10, 2008, by and between the Company and Thomas P. Sullivan (Incorporated by reference to Exhibit 10.6 to the Company's Current Report on Form 8-K filed with the SEC on April 11, 2008).    
         
Exhibit 10.26   Severance Agreement, dated as of April 10, 2008, by and between the Company and Leslie M. Gasper (Incorporated by reference to Exhibit 10.7 to the Company's Current Report on Form 8-K filed with the SEC on April 11, 2008).    
         
Exhibit 10.27   Agreement, dated as of April 10, 2008, by and between the Company and Stephen L. Sanetti (Incorporated by reference to Exhibit 10.8 to the Company's Current Report on Form 8-K/A filed with the SEC on April 30, 2008).    
         
Exhibit 10.28   Severance Agreement, dated as of May 2, 2008 by and between the Company and Kevin B. Reid, Sr. (Incorporated by reference to Exhibit 10.1 to the Company's Current Report on Form 8-K filed with the SEC on May 5, 2008).    
         
Exhibit 10.29  

First Amendment to Credit Agreement, dated as of December 15, 2008, by and between the Company and Bank of America (Incorporated by reference to Exhibit 99.1 to the Company's Current Report on Form 8-K filed with the SEC on December 22, 2008).

   
         
Exhibit 10.30  

Second Amendment to Credit Agreement, dated December 11, 2009, by and between the Company and Bank of America (Incorporated by reference to Exhibit 99.1 to the Company's Current Report on Form 8-K filed with the SEC on December 21, 2009).

   
         
Exhibit 10.31  

Fifth Amendment to Credit Agreement, dated February 14, 2013 by and between the Company and Bank of America (Incorporated by reference to Exhibit 99.1 to the Company's Current Report on Form 8-K filed with the SEC on February 21, 2013).

   
         
Exhibit 23.1   Consent of McGladrey LLP   86
         
Exhibit 31.1   Certification of Chief Executive Officer Pursuant to Rule 13a-14(a) of the Exchange Act.  

87

         
Exhibit 31.2   Certification of Treasurer and Chief Financial Officer Pursuant to Rule 13a-14(a) of the Exchange Act.  

89

         
Exhibit 32.1   Certification of the Chief Executive Officer Pursuant to Rule 13a-14(b) of the Exchange Act and 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.  

 

91

 

82
 

 

EXHIBIT INDEX (continued)

 

Exhibit 32.2   Certification of the Treasurer and Chief Financial Officer Pursuant to Rule 13a-14(b) of the Exchange Act and 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.   92
         
Exhibit 99.1   Item 1 LEGAL PROCEEDINGS from the Quarterly Report on Form 10-Q of the Company for the quarter ended September 30, 1999, SEC File No. 1-10435, incorporated by reference in Item 3 LEGAL PROCEEDINGS.    
         
Exhibit 99.2   Item 1 LEGAL PROCEEDINGS from the Quarterly Report on Form 10-Q of the Company for the quarter ended June 30, 2012, SEC File No. 1-10435, incorporated by reference in Item 3 LEGAL PROCEEDINGS.    

 

83
 

 

YEAR ENDED DECEMBER 31, 2012

 

STURM, RUGER & COMPANY, INC.

 

ITEMS 15(a)

FINANCIAL STATEMENT SCHEDULE

 

84
 

 

Sturm, Ruger & Company, Inc.

 

Item 15(a)—Financial Statement Schedule

 

Schedule II—Valuation and Qualifying Accounts

 

(In Thousands)

 

COL. A  COL. B   COL. C   COL. D   COL. E 
       ADDITIONS         
Description  Balance at
Beginning
of Period
   (1)
Charged
(Credited) to
Costs and
Expenses
   (2)
Charged to
Other
Accounts
–Describe
   Deductions   Balance
at End
of Period
 
                     
Deductions from asset accounts:                         
Allowance for doubtful accounts:                         
Year ended December 31, 2012  $185   $115             $300 
Year ended December 31, 2011  $277             $92(a)  $185 
Year ended December 31, 2010  $209   $68             $277 
                          
Allowance for discounts:                         
Year ended December 31, 2012  $807   $10,679        $10,661(b)  $825 
Year ended December 31, 2011  $627   $6,148        $5,968(b)  $807 
Year ended December 31, 2010  $492   $5,520        $5,385(b)  $627 
                          
Excess and obsolete inventory reserve:                         
Year ended December 31, 2012  $1,311   $761        $343(c)  $1,729 
Year ended December 31, 2011  $1,545   $(234)       $0(c)  $1,311 
Year ended December 31, 2010  $2,727   $(1,057)       $125(c)  $1,545 

 

(a)Accounts written off
(b)Discounts taken
(c)Inventory written off

 

85

 

EX-23.1 2 c335807_ex23-1.htm EXHIBIT 23.1

 

Exhibit 23.1

 

Consent of Independent Registered Public Accounting Firm

 

We consent to incorporation by reference in the Registration Statements (Nos. 333-84677 and 333-53234) on Form S-8 of Sturm, Ruger & Company, Inc. of our reports dated February 27, 2013 relating to our audits of the financial statements, the financial statement schedule, and internal control over financial reporting, which appear in this Annual Report on Form 10-K of Sturm, Ruger & Company, Inc. for the year ended December 31, 2012.

 

/s/ McGladrey LLP

Stamford, Connecticut

February 27, 2013

 

 

 

EX-31.1 3 c335807_ex31-1.htm EXHIBIT 31.1

 

EXHIBIT 31.1

 

CERTIFICATION

 

I, Michael O. Fifer, certify that:

 

1.I have reviewed this Annual Report on Form 10-K (the “Report”) of Sturm, Ruger & Company, Inc. (the “Registrant”);

 

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.

 

 
 

 

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 Registrant’s board of directors (or persons performing the equivalent functions):

 

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

 

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

 

Date: February 27, 2013

 

S/MICHAEL O. FIFER
Michael O. Fifer
Chief Executive Officer

 

 

 

EX-31.2 4 c335807_ex31-2.htm EXHIBIT 31.2

 

EXHIBIT 31.2

 

CERTIFICATION

 

I, Thomas A. Dineen, certify that:

 

1.I have reviewed this Annual Report on Form 10-K (the “Report”) of Sturm, Ruger & Company, Inc. (the “Registrant”);

 

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.

 

 
 

 

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 Registrant’s board of directors (or persons performing the equivalent functions):

 

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

 

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

 

Date: February 27, 2013

 

S/THOMAS A. DINEEN
Thomas A. Dineen
Vice President, Treasurer and
Chief Financial Officer

 

 

 

EX-32.1 5 c335807_ex32-1.htm EXHIBIT 32.1

 

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 Annual Report on Form 10-K of Sturm, Ruger & Company, Inc. (the “Company”) for the period ended December 31, 2012, as filed with the Securities and Exchange Commission on the date hereof (the “Report”), I, Michael O. Fifer, hereby certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that, to the best of my knowledge:

 

(1)The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

 

(2)The information contained in the Report fairly presents, in all material respect, the financial condition and results of operations of the Company.

 

Date: February 27, 2013   S/MICHAEL O. FIFER
    Michael O. Fifer
    Chief Executive Officer

 

A signed original of this statement has been provided to the Company and will be retained by the Company and furnished to the Securities and Exchange Commission or its staff upon request.

 

 

 

EX-32.2 6 c335807_ex32-2.htm EXHIBIT 32.2

 

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 Annual Report on Form 10-K of Sturm, Ruger & Company, Inc. (the “Company”) for the period ended December 31, 2012, as filed with the Securities and Exchange Commission on the date hereof (the “Report”), I, Thomas A. Dineen, hereby certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that, to the best of my knowledge:

 

(1)The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

 

(2)The information contained in the Report fairly presents, in all material respect, the financial condition and results of operations of the Company.

 

Date: February 27, 2013   S/THOMAS A. DINEEN
    Thomas A. Dineen
    Vice President, Treasurer and
    Chief Financial Officer

 

A signed original of this statement has been provided to the Company and will be retained by the Company and furnished to the Securities and Exchange Commission or its staff upon request.

 

 

 

GRAPHIC 7 tpg16.jpg GRAPHIC begin 644 tpg16.jpg M_]C_X``02D9)1@`!`@``9`!D``#_[``11'5C:WD``0`$````/```_^X`#D%D M;V)E`&3``````?_;`(0`!@0$!`4$!@4%!@D&!08)"P@&!@@+#`H*"PH*#!`, M#`P,#`P0#`X/$`\.#!,3%!03$QP;&QL<'Q\?'Q\?'Q\?'P$'!P<-#`T8$!`8 M&A41%1H?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\? M'Q\?'Q\?'Q\?_\``$0@!V@*>`P$1``(1`0,1`?_$`)D``0`"`P$!`0`````` M```````%!@$#!`('"`$!`````````````````````!```00!`@,""`@("@@$ M`PD!`@`!`P0%$08A$A,Q!T%1<2(R%%4684*3LW24%3:!D5+2(U87"*%BUBT0=>=[R-H M8*6"')6Y`EGB&R01UYYG@@/@TUGI`?0C_C2\K<'\2#?N/?>V=O!6+(63,[@O M)6@J0S7)3B%FA9I@FER+#8@K2MR'U6L&Y@,L9=C,WC07G=$99O>V#V MV?'&TXSSF4CX&(7AIV7ZKL#O M1:ER+U:2Y*<+C_`!7!VIA6NUHYPBK#*T@E*+$S.1D[.S,_B03Z`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@@#V%LT]RCN8L/4?.B.C7 MWB#J:ZZ\^NGI_P`;M02XXZ@.0/)-7C:_)$-<[7*W4>("&"E?M>K2E!)+7JR21]2-]#%B M9N.C\$&/>Z'V5E/J4J![W0^RLI]2E0/>Z'V5E/J4J![W0^RLI]2E0/>Z'V5E M/J4J![W0^RLI]2E0/>Z'V5E/J4J![W0^RLI]2E0/>Z'V5E/J4J![W0^RLI]2 ME0/>Z'V5E/J4J![W0^RLI]2E0/>Z'V5E/J4J![W0^RLI]2E0/>Z'V5E/J4J! M[W0^RLI]2E0/>Z'V5E/J4J![W0^RLI]2E0/>Z'V5E/J4J![W0^RLI]2E0/>Z M'V5E/J4J![W0^RLI]2E0>H=W4CMUJTM.]5*W)T8)+%:2.-Y'%R8>9VT;5A=! M.("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("` M@("`@("`@("`@(,%Z+^1T$-LK[G8/Z!6^:%!-("`@@=H?W?*?XI>^>=!/("` M@P1"(N1.PB+:D3\&9F\+H(_!;BP6X*/K^$O0Y"FTAQ//7-C'GC?E(=6\+.@D M4$#-O/$UQN6+(308RD,Q390Q%ZVM?^M'F$B,7'1_3%M?!J@E0RF-.-I!MPO& M7-H74'3S1YRXZ_%'B_B9!S%N;;8NS%EJ;.XN;,]B)O-%M2+TNQF0=1WZ@T#R M`R-+4&)YVEB=C8HV'FU%VX/JW8@C<7NJI>Y>O6L8WJ0#9A>[T@8XB<1YA>.2 M1FT2U=KP1L?28F&%ZS@?/JSEJ)$0AIRB[ M^E\#:OHR#ILY2I6H#>D(NB;!TV87K)8O">*&$ MVCE&]R1Q%&7-KPY2?Q=J"29V=M6XL_8Z",/UL*7K,7KD@/+'6YQZI`W:;!KS./PH.A`0$'Q MO][*S8K=S]F>O*<,P7JCA+&3@0OSNW`FT=D'T?8:/#735T%KPW=9L;#9*')XVC+#=KN[Q2%JO7/BY:<@$^H^%VX.@[BV6+WO6NK'_`'RE;8>GQTI0=%AU MU\?$7\"#KQV"LU%!#!W;P5*DM7&215H M;-*&"R'([B]FJ0E#,/'41+1VD'P\/"@XLWM;<`4;`1C'=O98KT<[QQ:UX1O1 MQCQ$Y!+S7BX%QX:ZL@WAW;RL&2A*R!!=@L1PS&5B0P*T[%(SQE+T.5M-/-!G M=M/PA,[SVK[PTH*S/$X0&YM!8$BBY]&ZE'4[=?!TW?R/H@QCMJWZ%BMR3UY:\0P'*4D3E- MUJ]8:S=,G=V$"8>;Q]K>%!9AYN5N;3FTXZ=FJ#*`@^+_`+W7_9FW]-J?TW0? M2>[_`.XFW/\`#*?S`()]`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$! M`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$&"]%_(Z"&V5]SL']`K?-"@FD!`00. MT/[OE/\`%+WSSH)Y`0$!`0$!`0$!`0$!`0$!`0$!`0$!!\7_`'NO^S-OZ;4_ MIN@^D]W_`-Q-N?X93^8!!/H"`@("`@("`@("`@("`@("`@("`@("`@("`@(" M`@("`@("`@("`@("".SV;KX:AZU-&U,(E/4Y8VEA8B<&U$C'J.3@7*T7,Y,VK<$`]\XR,Y7DKV&K_IF MIV!$3&T=8N24(1`BDYF+@W,+,_@X()##9R/)-;`ZTM*U1E:&W5L`&.>4(@=V%B,F%M7[&U=!L08+T7\CH(;97W.P?T"M\T M*":0$!!`[0_N^4_Q2]\\Z">0$$)N;>NU]KA7//9`*`VG(:[FQES.#,Y:<@EV M:H*=N;]X/NYQ6W\ADL?DXP.=XW8=?'H@JW=G^];MG=4] M^//U(]MA5",J\ASG9ZSFY,3:!"'+RZ-^-!])PW>MW>YK)0XS%YJ&S?L.[0P" M,K.3BSD^CD#-V,@YLAOG(8^;*E/7C?U&*S+#BRCE@LRM7'G$HK$C^KSL8MJ[ M!IRMX]$'?;W_`(>ED9,? M3ED6+J32RL0\7YO-:9W:(3;S=(GU(V+ M5M&9!XW3NC(8W-5L=5D@A&:K)8V.DE@@&K:]:LDW2K\D?/T MGC>49GT/1@*,7=N/-PTY=>"#IP^YJF7P\V4IPRM#'S\H%R$9<@Z\&B*3B_9R MOYS/P=F=!$4]TYFS3C@`J_VU-9]7**:M/7"#]`5C])$=K$E1K?-KKR\C#YNCMKKQ^!!:D!`0$'Q?][K_ M`+,V_IM3^FZ#Z3W?_<3;G^&4_F`03Z`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@A]V8B?+X2>C",$KR<3JV@8X)Q9G_`$4FK$XL M_:Q"VHNVJ"JU>[:Y!781>J1VJK4K/5*67U2$)3EC:H9\QET^J[,Q./8SZMIH M@["VAN.L`!C+-4"QGKAX6:;J$3RW2=W>P+#I^C8RTY=>9]-6;L036UL1>Q-! MJT\,(R'*1 M*S:=SDAD]5*(`**.4`D<#(H_29N#=FC\4%AP]/U+%5:G0BJ]",8VKUR(H@8> M#,!$($[?"[(.Q`0?"K>WJ&W]YS7MS[?]=ADM%>CWG0GYK4+2W1*$K#.X3Q!% MS#"0Q.8\NNK,.J#3FL??SL^[]PV=NU\C#A\G:KRY*>R463AK4&'E^R':,P@* M)F>1^9QZA.^NK(+2&WMN[TW#NN?.U6R$5""E7P\MEN9Z\4M(;+SP?^%*4DNK MF.A>:WB0<6U:%+?.1Q<6[:H9>M5VSC[,,%MFE@.Q8Q&-S.+LXK)P#:Q]R-XK-<]6$P+M% M]'9T$-M'NWV/L^6S+MK$0XR2X(C9*)S?G&-W<6?G(NSF=!9=4$+)M'$2R3O, M\TT$S2,U224CAC>82&0H@?T7)C+\?!!I/8V!DGEFE:>5YAE$P.8W'6>'H3&P MZ^G(':_XD'38VMB9GE/26*:4XY'GBD()&*.+HMRDWHZQ^:_C0( M)FBB!@C@ZTCQL[5WJ<_+KQ-X'Y'=_P#2@Z)=HX:6>I*XRAZGT'",)3$#>J[/ M`4@L_GN&G#5!XRVS,'E;8VK@RN0RQV6CCE.,/68-.E/RB[?I`869G\2"5>A6 M?(CD>5_6AA>NQZOITR)C=M.STA;B@Y#V[BSR1WS`BDDUGZ/ M.\7FX\Y^L\P#TQTFUY MN$;N'D0=%?;>*KY`+T(&!Q@PA"QET6<0Z;2=/7EY^FW)S>)!*("`@(/B_P"] MU_V9M_3:G]-T'TGN_P#N)MS_``RG\P""?0$!`0$!`0$!`0$!`0$!`0$!`0$! M`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0?,?WA-V[IV]L,AVK)&V>R,K5:\30JD0L3G(#<7?XK<4$+^ZSDN\B]L,BWMRQ<>?G8N+@) M>@1<7X^!F0?:$!`0$%!E[H<9)F7G^U;XX`S*>7;C2!ZH4Q3M8+CR=9HGE\YX MV/EU^#@@[,UW88O)Y*Y9')9"A1RI">;Q-24`JW2$6#65B`I`Y@%A/I&/.WI: MH-NX>[BAE[TERMD[^&*U"%3)QXZ2.,+=>/5@CD8PDY>42(6./E/1]-4'O-]W MM"\5*;&7[FWKE"MZA#:QA1B;TVTTKD,P3`XLXZB_+S"_8Z"=PF&H87$U<5CP M>.G3C:.$2=R+1N+D1/Q(B?B3OVN@["]%_(Z"&V5]SL']`K?-"@FD!`00.T/[ MOE/\4O?/.@GD!`0$!`0$!`0$!`0$!`0$!`0$!`0$'Q?][K_LS;^FU/Z;H/I/ M=_\`<3;G^&4_F`03Z`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@( M"`@("`@("`@(*MNS>S8NW%A,/5^U]U7!YJF+`N48X^SUBW)Q:&`?&_$NP6=T M&-J;)?&W),[F[7VONNV')8R1#RQPQOQ]6IQOKT81_P!8NTG=T%J0$!`0$!`0 M$!`08+T7\CH(;97W.P?T"M\T*":0$!!`[0_N^4_Q2]\\Z">0$$)N;+[BQP5W MPN`DSI2.33B%FO5Z3,S:.[SN/-S?`@A(]V;\ED&.]L^;$U#X3Y-[]*QT!T_K M.B!$`79!(8K?69NXSUB:.I3*::".*U(4 M9Q0#/&.&Q(_F_\\]`K44-0V.Z]"&4/ZH7C@ZQ2G)8F MJBXR>B`\P^4NQ!YW!O[-USIUZ05PL6J\/7CT&4H9K41E&0&TP]06(6TY(S9_ M"3(-D6\LM",44DM;KE3J337YN?H.95SE,6!I&$2D(.4="_UM-$'?7W?F)3CXV07!`0$!`0$!`0$!!\7_`'NO M^S-OZ;4_IN@^D]W_`-Q-N?X93^8!!/H"`@("`@("`@("`@("`@("`@("`@(" M`@("`@("`@("`@("`@("`@(""E9W>&5R64FVQLIHY\K"_)EG M]=8T]&%GX=IZ-VA,;3V?B]M5)0K/)9OVRZV3RME^>U:F\,DI_P!$6\T6X,S( M)U`0$!`0$!`0$!`08+T7\CH(;97W.P?T"M\T*":0$!!`[0_N^4_Q2]\\Z">0 M$!`0$!!X>&)V%G`=`?F%M&X%XV^'B@\>I4NE)#ZO'TIG4W?M!!LZ<;OKRMKKS:Z-KJS::_B0>D!`0$! M`0$!`0$'Q?\`>Z_[,V_IM3^FZ#Z3W?\`W$VY_AE/Y@$$^@("`@("`@("`@(" M`@("`@("`@("`@("`@("`@("`@("`@("`@("#!$("YF["(L[D3OHS,W:[N@^ M?V,YF=^3R8[:U@\?M:,GCR.Z(^$MEQ?0X,9K^(K'8WQ-7XL%QP.`Q&`Q<.+Q M%8*E&!O,B#M=WXD9D^I$9/Q(B?5W[4$@@("`@("`@("`@("#!>B_D=!#;*^Y MV#^@5OFA032`@((':']WRG^*7OGG03R`@("##$+MJSL[>-N*#*#GCR6.EN24 M8[4)W86YIJHR"\H"_8Y`S\S-Q\+(-YF$8$9DP`#.1$3Z,S-Q=W=T'GK0\XAU M!YS9W`=6U)ATYG9O#IJVJ#Q9NTZH@5J>.N,IM%&\IB#%(7H@/,[:D_@9!L*2 M,2$2)A(WT`7=F73B@VH"`@U M':K`TKG,`M#IUG9[QB&;)1S8G8FO-#C#YHKF4 M%NP[784-9^UHO2-O2T;S4'T"O7KUH(Z]>((:\(L$4,8L(`(MHPB+<&9F0;$! M`0$!`0$!`0$!`0$&"]%_(Z"&V5]SL']`K?-"@FD!`00.T/[OE/\`%+WSSH)Y M`00FYL9NB^%=L#G(\*4;D]@I*87.HSLW*S,T,\;_UD M#8J.!Y!^,'5&8BCYFXOM^['L^LP-'-2.K!?Z\C/PET&4 M0CT;AVZEX=-$'=AMO]X-7)0SY3=L.1H`[]:D.+BKN;.SLVDHS&XZ/Q[$$1=Q MFX@GR88J"T$CQW3A:<(':*6:,^0Z5L>63F.3E?E/735^S1D'K)X/==8;Q8R> M_*8S/'2:2T4C="3'NYOH9Z._K?8Y<1?T=!0TLT$$;1C<"S5^VIAE&P8D\ M]J0):S-)S\SB7Y.O+JSZMIVAV[\QNY;]/%G4KG8LUXG,H`:-QGL$(L]:RY.W M3@D;7F,'U9]/!P<)W)CEK6WZ-X:C_;-=X;/JCL MD$IM/%)S0"T12L[%,[3RES1Q>BTO48NQ^4N*#S1K;GCQDT5L#I%S<@]4^GI-R?U7FM!#< M>Z%>6*2R\C=!WDO5Y`:N)%YK>K@_-RLS<./%!D(-R8O%E/D+-H8)*E<\E)-9 M\]I?6M)@A,C9HC>!^4>1Q;L^-Q0638\UJ;`-+8*<^:S:>N5D^I+T/6#Z.IZE MS?H^71]7X()]`0?%_P![K_LS;^FU/Z;H/I/=_P#<3;G^&4_F`03Z`@("`@(" M`@("`@("`@("`@("`@("`@("`@("`@("`@("`@(""(W/NK#;:QWKV3E=F,FB MJUHA>2Q8F+T(8(A\Z0R\#-^'@@K>+VKF-S9"#<&]XFBBKFTV&VLQ,<%5V]"> MV[>;/9_V(_BZOYR"]H"`@("`@("`@("`@("`@P7HOY'00VRON=@_H%;YH4$T M@("#YGE.]+:7=YZU#NX[.-]>R-R6E*]::6.8"DY]0.(39_--D$=_FM[D?;4W MU*U_9H'^:WN1]M3?4K7]F@?YK>Y'VU-]2M?V:!_FM[D?;4WU*U_9H'^:WN1] MM3?4K7]F@?YK>Y'VU-]2M?V:!_FM[D?;4WU*U_9H'^:WN1]M3?4K7]F@?YK> MY'VU-]2M?V:!_FM[D?;4WU*U_9H'^:WN1]M3?4K7]F@?YK>Y'VU-]2M?V:!_ MFM[D?;4WU*U_9H'^:WN1]M3?4K7]F@?YK>Y'VU-]2M?V:!_FM[D?;4WU*U_9 MH'^:WN1]M3?4K7]F@?YK>Y'VU-]2M?V:#R?[U7<;(!`>8E,";0A*E:=G9_`[ M/&@R/[U?<>(L(YF41%M!%J5IF9F\7Z-!G_-;W(^VIOJ5K^S0/\UO&[^.[+>?=K8P>W\E)9R4EJO*$)UIXF<(R=R?FD`1X>5!^BN[_P"X MFW/\,I_,`@GT!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`05 MO=N]:V"*OCZM<\KN/(,[8S"UW9I9-.V20GX0PA\>0N#?"_!!R[8V5:BR/O+N MBP&4W3(+C&8,[5:$1=L%*,O1;\N1_//P\.""W("`@("`@("`@("#XK5S^:/O M#.IE]VV\%FRM2!2PENN(8N>L-G2**'F`6G*6LVO4&;F8G[/BH-NZ,[9;>&;F MRV3W5A\%0GAKQ6<5`+8Z&,8(SEGGDD@E)Q>21V<@U9F;CH@G\@VX=S[@SM;% M[BLXBOMN.N%$:;0DUBW-7:SU+3R!)U(N4P;D'E\/'B@Y:.8SF_+>.HP9>SM^ M`,)4RUXL;TVG.U<(P`.>8)6:(.B;\O+J6K<>""W[!S.0R^UZMK).)9&(YZER M0!Y1.6K,CS]/FT\&J"2R6=P>-)H\CD*U.207(`L31Q$0]FK,;MJR"' M[OLYA+NU\-5IY"M9M18^N\D$4P'(+#$+/S"+N[:.@LZ`@((K.[5VUGQA'.8N MKDQKN3P-:B"9@*M7C&&O"`QPQ`S"(`+ M:"(LW8S,R#8@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@(*=N M3>ETLF6V-HPQY#GCHR[);9CVEX0A'SB^!N*#OVELNCMX9[)S29+ M.WW8LKFK.CV+!-V-PX1Q#\2,?-%OQH+$@("`@("`@("`@("#YAFME=XF7R;LXZ/-H@U7]F[PQ=VX6SK%`:>5JUZEL M,CU>>L56+U<+$'2$NJ_2Y=8SY6U%O.XN@]2[*W)@)L=;V9+2FEK8R'#VJN5> M6..2*L[E#.TD(R&QB1EJ.FA,_:VB"R;0V^^W]O5,6<_K,\7/):L\O(TD\TA2 MS&PZORL\AOHVO!D$O(`$+\PL_!^UM4$-LD`;9^#=A9G]0K<6;_RA03:`@("` M@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("` M@("`@("`@("`@("`@H-_7L-7J1Z"SZ.1F9<`CC`=2,S?@(BVKH*C3V[FMZVH>-_P!'.+:O$[B7QN&J#AFRF8L[@P$]K'92M1".6.O' M&8&QB=`CDDD)I&D.5B;E#F#5M'?M)!BE!4LX_9`49UMEY6Q=J[FWM-'?W'&#>I4H]7I8YB'0F@$O3F?X\Q/BT$`?%`?*^K\4%G0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$&"] M%_(Z"&V5]SL']`K?-"@FD!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0 M$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!!6]Z[M+!5J]3'UVR&X\J;P87&: MZ=21FU*25_B0Q-YTA^!N':[((#9?%@2.]DS;2-[$I.4LD M$'H1>ERCI\7X==0^AH"`@("`@("`@("`@("`@("`@(/FV-W]OK+;BF^RL30L M;?KV):LM5[)#D^6O9]5EG?5F@#1VR&0M MUHI8]78*]6>P,!6)7;L;F/E!OC%Y'0:=P;LW@^:R-#:V-IVX\%%%-E9+TTD3 MRE*#RC6K-&)Z2=-M7,_-U)OA0:K6^<_F),?5V53J3V+>.BS$]C)R21PQ5YW< M8HM(6(WE,A+X!Y?"@LNU-P!N#`5,J,+UCF8@GK$_,\4T1E%+'S-ISB_D=!#;*^YV#^@5OFA032`@("`@("`@("`@("`@("`@("`@("`@("`@( M"`@("`@("`@("`@("`@("`@("`@("`@("`@(""'W7NC';:P\F2NLKM.WC=\"3 M/!G*+=*F8!:'ELSV@(1E!ZS.Q1RBY<7%F\*#MWML7O.8LC;QV1Q]YLGF*-I@ M*A.=J.&"S&\`$8V6!XJXMS.S`VOG/KJ^J";O6<]M7<6X+`8.YF?>2.M+3GQL M;21M=BKM6..=B+]`#\@$QD_+H[\=6XAR8W'9;8%S'79<3VG7D;1[$P__-3C MV_D#YO;S(+T@("`@("`@("`@("`@("`@("`@("`@("`@(,%Z+^1T$-LK[G8/ MZ!6^:%!-("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("#S))''&4DA,$8,Y&9.S,S,VKN[OV,R#Y[CHS[Q,S#F M;(NVQ\7-SX2J;.S9*U&_"]*+]L$;M^@%_2?SW^*@^B("`@("`@("`@("`@(" M`@("`@("`@("`@("`@P7HOY'00VRON=@_H%;YH4$T@("`@("`@("`@("`@(" M`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@(/GF6FE[P< MQ/MZD9#LW&2]/<5X'=FO6`?5\="3?[L?_P`P3?R&^,@^@1110Q!#"`QQ1BP1 MQ@S"(B+:,(LW!F9D'M`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$&"]%_(Z M"&V5]SL']`K?-"@FD!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0 M$!`0$!`0$!`0$!`0$!`0$!`0$%'W;F%PV,PF*JXK&0#6H4P:."$>QF;PN[\7=WXN[\7?B@[4 M!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$&"]%_(Z"&V5]SL']`K?-"@FD M!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$ M!`0$!`05/>NZ;].:MMW;PA/NO+"3U!-N:*I`SZ27;+-_NX]?-'XY:"WA026T MMJT-LX@:%4CGFD,I[]^9]9[5F3C+/*7A(W_$VC-P9!-("`@("`@("`@("`@( M"`@("`@("`@("`@("`@("#!>B_D=!#;*^YV#^@5OFA032`@("`@("`@("`@( M"`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@K^\]VP[S%^3U;#8J-])+-DFU86_)`6\Z0WX"/%!IV5M*;"PV1B\*#HRG>?M_'9 M6Q1DK7IZU&08,IEJ]5GU9V8Q6:P[.W*+\I.S#S%HSOH@]Y[O!P^*>G'!6N9JW>@]M2MQM+!+HXZB7C$M M'9V['9^+.@ZB]%_(Z"&V5]SL']`K?-"@FD!`0$!`0$!`0$!`0$!`0$!`0$!` M0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$$9N3<>+VYAI\MDY'"M`S,( M"W-)+(3\L<40-Q.20G81%NUT$!LS;F4FR$N\-T1L.X;T?3IT=>8,;3=^8:T; M]CR%P*8_C%P;S69!/#YC#3$3X(FC'[2L-R20Q2U7;K68IWY1'I.VNOP:(.JMN?$;?W%O"3<] MJ+&39&O2OUH+)-'U(FI-#)%#S:=5PFC(7$=7XMXV0<&RKM3:65Q;[GM1XJ.U MM;'Q5CN$,,8R5))2GAZANP\XC,#\NNJ"X=U0&VR:LS@\<5N>Y;K`3.SM!9M2 MS0OH_9S1FQ?A03F5J9R8Q+'9"*G&PNT@25NNY/XV+J1Z?B00_=Y5S<>V,=-3ZAZZ-_%06I`0$!`0$!`0$!`0$!`0$!`0$!`0$!` M0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$&B_?I8^E/>O3!6IU8REL3R.P@` M`VI$3OX&9!2-MT+N\,U!O/-0G!B:CN6T\1,SB0B3:?:-@'_WTHO^B%_0#^,[ MH+\@("`@("`@("`@("`@("`@("`@("`@("`@("#A?!X8LLV8>E`^5&/HC>>, M>LT?Y//IKH@V38K%SW8;T]."6[7;2O:.,"EC9_R#=N8>WP.@S"0VU]%N(?14!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$! M`0$!`0$!`08+T7\CH(;97W.P?T"M\T*":0$!`0$!`0$!`0$!`0$!`0$!`0$! M`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$'S_<%RUO;,V-H8F8HV[ M+.)"MBL-"-W=67787R$X<8X(AXQTZ MVO9#%K_/+4G06I`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!!%ENK; M(YP<"66J#FR'G'&//&UAQ\?2UYOX$'JYN;;E+)P8JYE:=;)VM/5J,T\03R:] MG)&1,9?@9!ZRFXQD&\&?)18(!Q\KA8FF8.@$WJTM@6C,WAAGT?IR/R\S/PUTTU;5!&!E M,M-7VK9KWK$%4\@5._4LA&]B0A"<7CFE`B%VC*/M#TM-=4$92S64"[!7R&0L MUFR`6FR=_G`JP&%B..#U(GYA$7:3I\PMHVOG>>R":QU_.Q[4W!%'.P9;&'9B MJE;E:487:(986DL'HTG*QL[D?9V/V:H*WD]^2;>Q69&>S=J4@BKM6RF0`YY* M\T\(RN;AQ^^MT:GE)J81X:D>KM2K&#.NVK^8N5Q$\=--7D""3J12R1'TV>*5Q'42)V;5QX/ MJW@0<_OCEGOEA!HURW!$1%+#US:MT1B"7G&7I<^K]01T<.WX$%AP^3@RN*IY M*!G&&Y"$X"7:S&+%H_PL@[$!!\/MXJ';F;L6\AB,;N+:TUF3(GEZTC!?@.7( M"76EU9VF*"9V#6.1GY1[/BH+#OO#;:M/EMJ8;&PY'=NY=9KLTH]7U,#%HQN6 M)GU*((A!NB#/J1-YK=KL&ZA@,3DMR;XASM>*]ZK6I4(YK3#(35/4FD)VYO0Y MY3,GT\/D01O=[7BSN:Q9YV".^4&T\<51[0M+KZS+*U@^0V=N8VBC8B[706SN MH?39%2$"*UC'J5QQ]?IV7FCD8M(Q9O,'SFU;B@M2`@("`@("` M@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@(.;(XZCDJ4M*]`%BK.W M++#(S$+MY'0(L;CXH*]>.M$$%1V*K$P"PQN+.S.#:>:[,3]B#4&"PD96S"A7 M$K[.UUVC!NLSZZM)P\[M\*"H[][P>[GNSQE+[8&.N%@WAIT*T0E(X&[-*;1M MIYC-Z;_@XN@C-GXG';TM5]Q!4CJ['IR%-MK$@#`%N?B)9*S&S-_)@`FX-YS\ M=-`^FQQQQ1A%&+!'&S"`"VC"+-HS,S>!D'I`0$!`0$!`0$!`0$!`0$!`0$!` M0$!`0$$5N/#6,K1Z-:V]2<7=P)QZL),0N)!-"[L,@.S]C^'1T&BEM2I4K8:O M%*3!AI3GC9A$6,I(Y(R;E%F8!_3.[,/9V(*ON+;6)PE.:W>S7V861E"A'DPJ M@#B-B43(;,D7+QF<&C>5W'3X'?5PE<1%ALMC,CM6&]#:AQ;>IW&IU^A%#(3, M<01NSG'SQ,WG"SOX.;1!N]R[/7?(ME';/&9=7(M`'*\9QC$\;0ZZ,W+&+L_- MZ7'LX(+!C,?7QV.K8^LSM7J1!#$SOJ_*`L+:OX^"#I0$%*D[H]I'N!\N[66@ M(WL'AFLS-CRLO*TW6*MS=/7J-S:!,V@BV@MX&0=^X.[?;>=LQV;CVXI^B-6V=6U-7>W7#5VAM]( MAZP<7]+QOXT&[<.P=OYQJCR^L4+%*-Z]:WC;$M*8:Y:)^5O-?AP0 M36,QM#%X^OCL?"->E4C&*O`'HB`MHS<>*#H+T7\CH(;97W.P?T"M\T*":0$! M`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`05S/=X>T,)9 M]2MWQFR;^ABZ8E:N$_B:"!CD;RNS,@B_MSO*SG##86';U(NR_FRZEEQ\84:Y M<'_XDH^1!2>\/]V6KO@(K^5W+;GW,)1@>3DBB:'U<7=RACK1-&(-YSN+\SOK MVNZ#ZGL[:.%VCMREM_#1O'0I!RQ\[N1D1/S&9._QB)W=T$T@("`@("`@("`@ M("`@("`@("`@("`@("#GO9"A0@>Q>LQ5*X^E-.8Q@WE(G9D%5F[V]E%*4&+G MGSUD7=NCAZTUWBSZ.W4B%XF_":#Q[S=X^2X8C:@8Z(O1M9NV$;Z>/U>HUD_Q MDR#GR>T>\;-8JWC\MN&AZODQ&O8SGYH^EIKH@D M^[_9DVSJ%C!U[(3X"*3GPT9!I9A"34I8YI&X2Z&^HF[@TQL)&_B`/3-_@%G05SWZW)F?- MVEMNQ-"7HY;,.^.J:?E!&0E:D;R1LS^-`]P]Q9CS]W;DL6(2]+$XCFQU/3PB M1@16I&\LK>1!8\#M?;NWZ[U\)C:^/B+T^A&(D;^,R](W^$G016XMXRXO<-#$ M!'7'UL6,2MS=!YW=R9XJKNW(4H\FKL1-VL@S?WE9J6\]`^,D8<13CM5I#)F] M:*0I0T`1YR$&*+3F=M7\6B#@GWY?BHP&,=62T<\L=EQ:YTZX0QL;]6/H==B? MF;M!FT\[71!8P4O)4CCZ;R/,<3S&(Q4#V,G>KT8&;5Y;,H1#HWPF[(*N7>UM2CDN&-VW4P\3^C8S-OJ2:>!_5J;2?B M>5D!]F;TR+?^N;QLQQEZ57#014`;7P=8_6)_PL;(-]+NHV%6G:S/BQR=QM7] M;RAR7Y=7[7YK)2Z?S=$%KAAAAC&*$!BC%M!`&819O@9D'M`0$!`0$!`0$!`0 M$&"]%_(Z"&V5]SL']`K?-"@FD!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0 M:PL5Y)9(8Y0.6'3JQB3.0(&.64``BY1(B9FLP\_2U;FY==.;E[=$!YH1E&$I!:4V=PC=V8G9NUV;M?1`CG@D,P MCD$SB?ED$29W%_$3-V(/:`@T7;]&A6.U>L15*L;:R3SF,<8M\)$[,R"H%WH4 M\@;P[1Q=S<\NO+ZS6!H*`NWY5V?DB?\`Y?.@Q]A=Y.[0P=A[E+'C)DB_K,G;(K5PG\;V)W.3\3Z(+$@(" M"O;DVC]MV(W*X<50V$+M4@&8)`#FY7C:35HI//=G,6UT\C(*=WJ;IAVAD"S% M_J'ALI4#'=:A,(7H+M4Y+$+B)NS%&?/H9?%T\YN5T&:68QE*""761O#J[>:^B"2OS;+S&$J8?&[NQX8ZN4>D` M3UK`30Q!R-#,W4\\'+SGX\>Q^""PQ08VXV),\I#8FQ261I@=X",(_53Y8Q@#1CY].;7 M\*#1G+TXY^].UB1LA5NXV+$5@E)FDJSO'U^6%B89&/FEU)V?T?@0=6S,SDLA MNG,O>"[`\M:I-%1M1'%%6'GF!@#F;1R)A9S)NU]=.#(+)E]Q[?PL75R^2JX^ M/P%9F"+7R<[MJ@K;]Z^!M/RX"CDMPEV,>.IR/!KV?WB?HP:>0T#[4[V,E_<\ M)CL!"^GZ7)V2N3Z/_P"149H]?^<@>XFYLAH^?WCD)A?TJN+"+&0_"W,#26-/ M^:@[,9W7["QT[68\-#9N-Q]C<:^TS0?9G+%ZQS M/$\[/KU.EITFB_D=!#;*^YV#^@5OFA032`@("`@("`@("`@("`@("`@("`@("`@("`@ M(/FFTJD@;KR-$0=XI0GZ\KQ25\C5>0N;EFL@[Q3L>OZ,O29FU\:#@LU\31VE MB<18I:VY1R%:J=\)I:U6`K),<\C.QN&1X2=T0A8B>1M&U\/!]4&KN[JRUK<;S,TEL*#1YJ]':D%LZ&-DFS^5!]"Q^(C>X8OXI##]#%_S#9!S<_>KG?0 M"GM"B7QCTR61=OY(\M6)_P`,B#?1[K=L!9"]F>ON3)1OS#[E/1BQ.VH"\, MA2Y.TS>0?5H6?\)(#]VDE]M=R;DRV8U].L$[4*K_``=&FT+NWP$;H)+%]W>R M<58"Q0Q$$,D<,E8-63F?E;71F[&;@W!!XGV7LZ=G:?!8^5G[>>K"_P>$4$;+W M4=V4AN;[6Q8F7I&%6*,G_G`(N@YI>YKNTD)B;"C$[/JSP36(='_Y<@H#]T>T M1;2M)DZGB]7RE^/3R?ID`.Z^K$.E?X=WU)Y[;]WLS6;&CV):E MV@9R.N@6[3O0R MDT4\.)PVW>D+A#/<,\C;C!^UA"!H(QX>#JNR#:W=WE;Q.>X=V92\Y:,<%)X\ M9`[,^K"_JHM,[>65!)8?NWV)B)>O1PE5K7AMS!ZQ8?CKQFFZDG;_`!D%D;@V MC<&;P("`@("`@(""I;ZVI>SATSK103/`_P"C.0Y*TU:1WU:S#8A;JZCIQCU9 MBX(.^S@LH62&[6NC'/'C)*,=@PYRZYF!C*X/YKCYG%M4%*W=CY<)6'*9&G6M ME>N@,6U*KR21W;$&"/) M8S*ATRFAD$O-1O4`">2:+U M/S7'>=M#:DL%;)6CFR%@V&'&4HRM6W;AJ70B MYC86U[=$%?E[S-RY?*!BL'C(<,\M62\U[.D[&-6/EYI?4X'&.(JE:096)XI(Z,#@)QDT9<9C+L?7Q(/H6WVP4 M>&@/"P0U,6XN444,8P`+-P+4&8>5V=M'0<,6^,/:JT;..CLY`,@TQ5FK1.Y. M%>3I22$QN&@\[MIXT'9FMV;8P0$!`0$!`0$!`0$!`0$!`0$!!QCA\0-6"H-*` M:M4QEK5VC!HXY`?F$P'3028GU9V0=B`@("`@("`@("`@I5_OE[N*5RS1++C8 MR%5W$Z=6*6Q*3MV],8P+G9G;1W;@WA=!"2=ZFX\O1K7MOXF'&8F\)'4R^9(S M:SNW&3>L8IO5!CQ(2O$_4A MZ0,W5=S8?.;1!/;9IS8W=.0N;@OCD=TY.&M!*./IV`IU:L3R/!'S? MI^3F,Y"-SL.#[N,/D)0ZC#2IQ@+DT8\\H``<\A>:`\Q<2?L M0=4N\6KT<7/:QU@9\G9AJM%%I-'&\QB#2E./F=+SVY7[2\#(--K?U.I)-+9J MF&,$[$%:ZQ"3RSU&+JQ]/M'B!,+N_%V\'!!(8[<8S19#[0KO0M8IF.]#SM*P MQE'U1,3%FYF#5!.X7*Q97'AYN&9 MGTY,15FM#KIK_7,(P-Y7D00V[+'>ONW;US$[?Q'NJ]T.F.7R%R-K``_I-[1QOH\YS1/S"!- MP;D)B+P]B#ZIG>['$5:=6+;>%K1]*3F,H93IW&DF0NSO:PN% MMYXRK5L9+!2BF"K-6AZO.;7K+58XR(I6=M.;1AT\*"2IX3O?R&W8<'T,7MJB M)>=)-(>2GZ'58ES+-ZT(UPE;'05 MCFG>4)XVKAU#9M6)P<]6?L+1!]"V]W>;-P(QG0Q-4;HBS27RB$[!EIYQ%*?- M)J3\7\Y!8T!`0$!`0$!M'XMQ9`0$!`0$!`0$!`0$!!7K6[QBW+]B15'F>(!. MW+U0&0!DXB<<+^?*#?')NSX4'/2WQ)7J"1:ZZ"_A?@@[(-VT2VU+GIP>*"#G&46(3%SC/I:1R,[`8D?`3[/(@X8=\ M33PQA7QS6+\AS00Y79GYO@XH+'CK]?(8^M?K.[U M[<030N[:/R2"Q-JWCT=!T("`@("`@K6=[Q]F82QZI*2C-(_+R'5 M$N><6=N;G$WY?!H@VP;8SU#'5FBI>L3%C[N,DK1R1"T3V9^K'*[D0BX,WIZI98:PW'&&['K-7E!J;QB`50;PU07)`0$'P[JS4^\( MRW3ELYA2`K;-7K@`<]48SAY8RZPB7.7IQ([Z<@%&W*`MQ[2[&0:LEC+>[=T;FADR^0Q MT>W1KP8J.C8DJB%F6NUDK$K`XM/Q,189-0T;LXN@X,39N]X-W&T\GD+M&I!@ M:63LQ8V>2D4MVZ<@=1YH7`W&-H'Y0UY=2XZ\$%R[NLGD,CM.K)D9GLWJ\MBG M/9?1GE>I8.!I"Y=&YC:-G?3PH.3?6Z,[C\C@\%MX:I9?-SR1\]X9>A%!%"..QN6H2C%=@R'+CR`JPO#,$KQ0`,A\H/R:-Q^'X$&^ M[W?>O-+3L6Q^R6EM6J<(1OU@L7.=S(S+\$$E2VY:Y3GB ML6,PS19!X8RB#HA"\0#$Q&;L_%W=W=^U!&AL?(]6O>DO0'E<:,$.+EZ!-$,5 M=I!TF#J.1%(,Q#1!8<#B?LK&A4>3K2N;M_%97/N_HRTZ9QUW=VU;_`*BUZO%I\+$Z!]H][62_NN(QFWX7_P!YD+!W MIV9V[>C6:./5O%UG0/1W>8AVK6,[1CD%V`:D$@RR, M_@%HH><_X$%7RO?!M/,XW)T\?;RN,CAKG*6X@I211P%&3,'(U@1*8BDT#D$' MUUTX:H*OL_O/W9G3O29',5L#N&)HJL.(NU)WJA79F*:Z\8N!G,YNS$+FPPMP M+MU07?([2F:IZYN_>>3M5B=AZ%$AQU?S,_A\:#EK;$L49;&0"_#7N11N M%6>.%QC:'J--(,\9&0\A\FA#%R"W%V9G05BEOCNGR6+FVQ[WXRQ+F)BTBA?E M!K4T@O$$,;NX]-C%O-=_.\?%!;RV?E_72S`7J\>=FYPGE:`O5NC)''&[#'U. M?F;HB7,YOQX=B"QXG&PXS%U,=!J\-.&."-W[7&,6%G?3POH@WR30QMK(8@W\ M9V;_`$H."SN7;E77UG*TX-.WJV(@_I$R"+F[SN[F+7FW-C"T_P##MPR?T")! M#V._CNFB<@BW##=L#P:M2":U,3MPT$(0-W05FUW[YW*63J[9VGDH(A?3[3RM M&[R.WCCKUXS(_P"=("#G>7*YB330G^%]4$H>X^\Z33U?9M:/5^VSEHQT; MQZ103(,';[XIAUAQN!JEX&FMVYM/]2`$&2J=\$PZ/D\%3=_#'3M6-/\`6GB0 M9;;O>;(/Z?>->$O#ZKBHQ;\'6FF0?-N^_N0[R-Y[?Q].IN3[:L5K3S'%?CK4 MXA%XR'F#U>'5RXZ:.Z#9^[1W+[R[N;N?FW$]5PR4=8*S5I7E?6$I'+FU$-/3 M9!]W0$!`0?-LCW<;OOY62C9W"$^TY]2E"6!SR/3>RUGU5K#R:'D9]6Y?Z[77X$$3N'9FY9R[=(7C&>J[21=.;IER^?S#P;AP0>;NPLMCY,?9V9DH<7 M:I4(\3(%Z`K<$M6%^:(G$)(#:6,G)V+FT?5]606+:^`@V_@JF)AE.PU<2>2S M)HQRRR$\DLI,W!G.0R+1D&C=>S\)N>I7@RH2OZE-ZU3FKS2UY89Q%Q&0)(B` MF)F)]$%3VKW4["R&TZ\^8Q89FUF:]>WDK>2([<\DSPLW/U9G(P?1]/,=D%5S MG[I?=_+*5G;\DN(L/JXQ&Y6(&=_%YT;P[.^0VMC\S"(L[2T28B=_"[L,P%_JQN@R/[Q.7QQM'N/:^S:>%_4YIRT_FH)L. M][N\;1K65^SB=^7ER$%BEQ\6MB.-OQ.@G<=NK;&3=FQV7I7'?XL%B*1^/P"3 MN@E$!`0$%&[T8!*OCIR*.-H)"T.W7>W1=S(&Y)XP=I!,O]V8]G%O"@\QXNCD M,EC;-_%C2^S,8-^P;1D4PV)`*&,1F<>J10QA)IQYF=Q?M0>.[R3"R6K>3HA' M0KS15JM;'`)#+TP<^G-;=Q;6Q(YOKVN+=KN^J#5F29CKA8D>R`,^KQ\-)T.FT#Z?RC=!P07NXG:4_+6DP]>_K_`+A@ MMW",\A,4#4ISTF'JF_G`7FMV>! M!&T-P[;R\6/I[3S-?,9_[/LPY!J4M>S)_P!649SF<9F'*SS<>JSOR]CB3.@M MN3P-^.EMT>G;L1X)NA=BIR=*:<2J='GC-CB+03?CYPN@ZL3B#& MUI9S/4'9[9DT<0DP\NI1Q$7G:::OJ@M2#5+:K1-K+,$;>,B9O]+H(^QNS:U; M^\YFC!_Q+,(=OE)D$?8[S.[NNVLVYL8+-_\`JX7_`-!.@XF[XN[(VUBW#6L, M_8]?GF^;$T'G]L&QC/DKS7K1>*#&9`VX_P`;HGC>'J^!W!:9WT9XL M59T_&8@@R_>)D#;6MLS/R^)C@KP_.S@@P&]-ZS-K#L.^&O@LW,?%^/DFE08; MC(3L&RZT(^`Y\M'_",<+WMU>ZW'PT;F M.Q=89K/)3RF.M'9'68G=R)K,#:._$?,[$'TH<9WRD[-)GL"(M\:/%VN9O)S7 M'9![^R.]O]8\3_[7+_\`NT&6PO>N7I[GQD>G8\>+-W?R\UET#["[T_ULH_\` MM7_\A`]W>\\N);QK1OXH\3&[?[4[N@>[7>9^ND/_`+3#_;(-1[3[SB)R;?O) MK\4<34T;R4SBD$8RCQ[,3D+LPN_J_A0?DG:_[MW?/7W-B9[6`FIUH; MMR=V%:;^\[EW%/QU=OM.6%G_!`T2`7 M=!LJ87&V%^ZS]OK&2OGK_P#&9!7\W@^X#`3>J9*E1GOEP#&Z2Y"V;^)J[//* M_P"$4&FIA"O,P;5[M,7AZC\`R.>@@K\/&-*`9)W\AD""5K=T`7!;WERTER)^ M+XS&0QXJCQXN+C7_`$YM_+E=!<<#M?;FWZWJV$QE;'0_&:O&(.7PD3-S$_PN MZ"40$!`0$!`0$!`0$!`0$!`0$!!@O1?R.@AME?<[!_0*WS0H)I`0<66PF'S% M9ZN6HP7ZS]L-F,)1_$;.@JS]UM/'N\FU,QD=MDW$:U>;UBEK\-2UU8V;X`Y4 M'E[G>OB&Y;F.Q^ZJ;<'FHF]"X[-X7KV'D@)_)*/D00-[(=R>8LC7W9M^#"Y* M1_0SE`:9N1?DVM.B?E&5T$J'=!M0X!FV_ELMB89`TC?'9.>2!V\&DOXTF9NQVK67Z+?Z[H,-F<]B@%[=C?."Z;:F5JI5S=;^=+#'8DT;X7%!V M8WO,NRRM!2[PMO79W+3U;,4IL9.^O@Y>M&^OP\B"V5]R]YO1ZP[?Q>9@=]`F MQ>4Y>;\%B$1;R%DX-1RFS+G!%!>CX<>'JTLAOI_(0?.=Z_O:[ M8V_NFAB*V-M6*PFS9V6Q%)5GK,78(02B)$8Z\Q:Z-IP9!]!K]X6XLS7BGVSM M&[9JS@,D%_)RPXZ`@-N83$2>6=Q=O_*0>I,?WJW8WDR.=QFWJS-J8X^L5J1F MTXZV+9!'^'HH*SDH>Z."7I[HWA9W':;1RISWY)VU[/[EC^0-'\73T02N&W#@ M,=&T6S-A9`F?S1FAH18R$F;L=Y;;UR=OA8702;Y#O=O"Y0XO#X*+1GYKUF:] M*/CUCKC#'_\`%0<%G&98W_\`]#WC^J@^O-!C@IXX=/%U)?6)>'C8F01,U#N! M@D%\UGJ>9MOD!!-8[O$[G\2S5\/-7A9^R/&T9B9_J\ M+L@[?VJ88R8:F)SES7L*'%7.7_6D`!_A0'[PLM(7+4V5G9=>PY8ZEMWPS%H5_`4XW_\.K;G-OPG-$W^R@^/8:T^1VYT<:S_`(,8(,_LJV^;:6BVAXZ6?Z1=NS_.S&@V1=T/=A$?4';./*3LYY(1 MD+1N/:?,@D(N[_8<3-T]N8P=.+/ZG!KX_"""1@P>$K_W?'UH=.SIPQC\/@9D M':(`/HBP^1F9!E`0$!`0$!`0$!`0$!`0$!`0-$&"(0;4W86\;OH@Y9LQB8?Z MZ]7CTUUYY0'L[>UT'!9WMLVM&4:",0(OA,V;F)_A)T$J@("`@("`@("`@("`@(" M`@("`@("#!>B_D=!#;*^YV#^@5OFA032`@("`@U6:M:U`4%J$)X#;0XI18P) MO$XDSLZ"HS]T^UHY2L8$K6V;9/S/+AYRK1N_\:MY]8OPQH-?JW>UAOZFUC]U MU!_W=H'QMUV\32Q-+7-_+&"#(]ZN,HDT>Z<7D-LR:Z/-=A>6H[_Q;=9YH=./ MQG%!:\9E\5E:HVL9=@O52XC/6D"4'_G`[L@BMUV=J1A%7SE"/(^LZNU9ZK6W MY`=F*0PY3T`.9M7?QH*?;V#W-/D'&MC#Q;!1R\Y2" MP3F$UNLUAVY-&-RCM-9Z(CKYW,(L/AT06[$;"V_%;?#T=W92">'7FK4"JT8W M.A@\2+OQZ]BS=-F\D<=8=?PH(W<6PN\7/8QX+VZJCG%-#;K4H M<M-*]@ MP*4YIIX!;D_1#RQL'#MYD$J^PMP-QCWOFA+P.34C;\3UT'@]C[T;3H[_`,G& MWQN:IC9-?]:OP0>AVAO\&9FWY9/3L>3'4'=_Y7+&'\&B#T^VN\EN(;U!W\4F M*@=O]F0'_A0:SV]WL,_Z+>5!Q\/5PW,^O\VV#?P(/38GO<%F_P#]'B)7'\K& M3#S>72T^B#+U.^$.(Y+`RZ]K'4MAI_JSN@UF'?8):1S;:,?RBCOB_P")C)!L M:7OD'B5?;TFG:(S70=_([QEH@/>[WP[<1@Y=?R;UH-/QURU0>'S/?`):>Z^' MD9OCMEYAU_FO2?\`TH/;;A[T1XGL^H0^*/+"Y?[5<6_A09?='>./I;(YW_\` M+RE5V_#SB""H9C<5C);M*COZU;V'B(J32XJ$P;MT=I8Z-G[>OER9V;R1U30>O6^^"3T<;@:[_P`>W;E_HP`@\B'? M09/SS;E?\.IQL@R6*[W96T]X,FET^'SK0H,AMOO-)OTV M](!?P]#$Q"VO_,FEX(/);+WU(3/+OZ\P?&"&CCH]6\I0F[?C0>OV?YJ1O^HW MMG#?PO&5.+C_`#*Z#R'=@+:M-NO<<[/VL>1<6T\7Z((T`^Z;;LK:6ZYI.H^W:TDFFCG*\DC_ M`.V1(*O@-N;.R64R>+';NWZEZJSN%"U2>-Q%N':@ZZ MU+'T-KPY>/:6$F]8NA'!+6IPU8AI2SA",Y`74-S-BYA$7\6KL@ZLKL#;6W(@ MOU'O7`J2E9P>UY+1_9P7!8I`*.'3S!!]3XNXAVLW8@D6WUD'R>-KO#"T=J.B M\T3-(1.5T=2(9F?IQ-%X`D\X_!X-0NR`@("`@("`@("`@("`@("`@("`@("` M@P7HOY'00VRON=@_H%;YH4$T@("`@("`@(,$S$+B3:B_!V?BSL@JF3[K=E7; M3WH:+XK)/Q^T<5(="?7QD5=P8_Y[.@J&\MA=Y814BPN7;<+5IFZ#9$GI7Z[. M[/S!>J-&QCYOGC)$6O!!&5*0:GZ M88RET)Q>,1\/I(+IL'-42W':SD4%7<#35Y\=4.W`,)15I>9J=4&\]N9N)&3><6FNC,S,$ MU/MW(/M;(1SU>K;O73R,E2&9PEBYI1D9H)FY6ZT8@SB_`7+X$%>@V[N8:X7K MOKU@I:,E*HYS05K$1\['#-=Z11Q'X>;1BX>D).Z#W>WE@Z&X:5C+Y*C4DQ3S M]>1KE=X)89(S9CBKL?4&P9N+$[@VC:\79T$#F=[8;)V,CC<3#DLI'E+\.2CR M./HV)XHHXX8P*/F86\_FAX,W#0NU!,8#.[Q:_3MU-DY0ABQ-?'EZW+4ICU8B MO\`,^I`UQJ@>1AIA7?3\*#W%W0] MW(F\D^%CO2%Z1WSEN.6GC]8.1D%AQ^WL!C69L=C*E-AX,U>".+3_`%!9!((" M`@B-R[ABP=**9X7L3V96@K0,81,4CB1Z%)([`#S'!=9P<9IJ0$<\8CKS-ITS87+@[ ML_P:A(;VT(0BQ\C"$\5AM69G=G*%R$2;71Q02J`@("`@("`@(""F[ MUW*./RV.QUF"DU2SH8S9)B:&:74FZ$4FCQQRLPL^I]NO!NU!LQ&]9LAESAAB MC*@Y6H:\3#($Y24B("8#-F@D=R`O,$F<6T=W[=`E-M9O(9;"'>L4FJW1FM0O M2:1C9BKS'$(O(SI/"TP`3QSW=]LS.S M>LY+$P'=;B%^)G@M"_C&Q"X2M_K(/E][:-?$'N;$Y?:V2W;>RA/[OYHQ>\7J M[Q",%<[DAF>1GL7>;3QC8DD'^!!/8[:VV,9I] MG8BE3<>#/!7BC?\`&(LZ"40$!`0$!`0$!`00>\,%/FL,=*%H)=7=SJ7(VEK3 MBXN/3E;3F9N/,SCQ9V9!!5.[F6J'1BG@>&X%8,B11F4@>J2E+$-8B(N4!YN4 M6/7ETU9!9<=BK-*3)V.H$MJ_:>=C)G9FC80CCC?1W]$`00DVR+TDQPC=CAQ\ M,UNY0(8N>8+%UI&+J-)S1D`/,;LVG'73P()?`X:W3L7;UTH7NW^DTP51<(6: M`7`'9B=R'@@W("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("#!>B_D M=!#;*^YV#^@5OFA032`@("`@("`@("`@(*KOW-Y?%5Z9T2DBK22/ZY:KU_7) MHQ8@8=*[><49.3L9"+NW#QZL&F3/YCUW$V8[L,V-R9QP:P1:P`TL3.TA3&_. MTA2$W3#ET=N#\>*#MVK-FY[V4*YD/7L?6E:I56+^O/6/1G'F?D;AVB MZ#BQF8W.>?MT'FK9"2*L$R>*PY0#`<462C*6:^\T*"?V;N"7 M/[$:]L^I#<@!W(0L5Y"AF87?BX\\;\OP()DO1?R.@AME?<[!_0*WS0H M)I`0$!`0$!`0$!`0$$9F]O40H9@9W9S$3!V+E/E;F;_[ MD$5;P&"QV8P[P5'9K=D8NBTLC0C)7JR21SO%KR%(+0,/,_'\2"=IXNI3JA5K M,<<(2G,S,9.[E)(\IZN[ZNSD3\$'%@MJX[!D;T9;73-S)X)K$DL?-(?.11BM&4;1^KV[%5F9]=6@D<&+\.B"00$!`0$!`0$!`0$!`01^=R9XS&E<"- MI2:6"+D=]&_33A$[_@Y]4$@@("`@("`@("`@("`@((\,F99^7%]-N2.I'::7 M7B[R2''RZ?!T]4$@@("`@("`@("`@("`@((_;^3+*X6ED3C:(K40R/&SZL/- MX-4$@@("`@("#YEWF4\W>R,-"[LZ'=>%EFC?'D!0"<1]$QD"SZP0\@\_*8R1 M]GBU9M04<+O+:$^-RD.,/T40R1NTQ"1.7-P9 M]'U=!;MBX2]A=L5:>0<'R)E-:N]-W(!FM3'/(`D[-JP%)RL_AT0=V4V[@\J8 MR9&C#:EC%PC.46)V9^.C:_"@A,!W=;9J8+'5+F(J%;KUHHK!,#$SR`#,3Z^' MBR#O]Q=G>QZOR;('N+L[V/5^39`]Q=G>QZOR;('N+L[V/5^39`]Q=G>QZOR; M('N+L[V/5^39`]Q=G>QZOR;('N+L[V/5^39`]Q=G>QZOR;('N+L[V/5^39`] MQ=G>QZOR;('N+L[V/5^39`]Q=G>QZOR;((_)=W6V9[N*E@Q-1HJMDY;3.#-K M&]:6-F;Q_I#%!(>XNSO8]7Y-D#W%V=['J_)L@>XNSO8]7Y-D#W%V=['J_)L@ M>XNSO8]7Y-D#W%V=['J_)L@>XNSO8]7Y-D#W%V=['J_)L@>XNSO8]7Y-D#W% MV=['J_)L@>XNSO8]7Y-D#W%V=['J_)L@>XNSO8]7Y-D#W%V=['J_)L@CL)W= M;;K16QMXFH12W+,\6@,^D4LCE&W9^3X$$C[B[.]CU?DV0/<79WL>K\FR![B[ M.]CU?DV0/<79WL>K\FR![B[.]CU?DV0/<79WL>K\FR![B[.]CU?DV0/<79WL M>K\FR![B[.]CU?DV0/<79WL>K\FR![B[.]CU?DV0/<79WL>K\FR![B[.]CU? MDV01V?[N=MV\84%+$U!G>6N;.X,/FQS@9\?Y`N@D7V+L[V/5^39`]Q=G>QZO MR;('N+L[V/5^39`]Q=G>QZOR;('N+L[V/5^39`]Q=G>QZOR;('N+L[V/5^39 M`]Q=G>QZOR;('N+L[V/5^39`]Q=G>QZOR;('N+L[V/5^39`]Q=G>QZOR;('N M+L[V/5^39`]Q=G>QZOR;((X.[K;;;BEN/B:GJ)4XX0#D;7JC*9D^FGY)-Q02 M/N+L[V/5^39`]Q=G>QZOR;('N+L[V/5^39`]Q=G>QZOR;('N+L[V/5^39`]Q M=G>QZOR;('N+L[V/5^39`]Q=G>QZOR;('N+L[V/5^39`]Q=G>QZOR;('N+L[ MV/5^39`]Q=G>QZOR;('N+L[V/5^39`;8NSM?_H]7Y-D'1M7%S8K;>-QLS",M M.`(2$'U%N1M-&?Q()5`0$!`0$!`\O8@I5/O5Q-F_5!\9D8,/?L-4Q^X)80:C M/.1.`".AO,(R$V@&<8B7CXL@V6>\_#P9B2GZA>DQE>TV/N9\(@>A!;(F#I&; MFTO`R$",8W`2?1R[4'K/=YF*P^3LT_L^_>KXWD?-Y*I$)UJ+2"QB\[D8F6@/ MSDT0FXCQ?1!ZW1OZQ@3F-MMY/)XV"#UF3*TWI>K-'RN1/S36(2\UFX^:@G=O MY@;@WP=K)3U;E6W3LAC[& M%EA;UYKLO*\5<8Q(@,I&,7`A-Q=N/-IJ@]TN\?#28?*9')UK>&EPO+]IXZ[& M/K,?4;6%Q&$I@D:770.0GU?AVH,X?O"QUPL5+Q.,F'P]CH-VX.\G&8B])4@QU_+^J0A:RDV.B"6.G7E9W"25 MR,'+F$7)@C8BT;71!MSG>#C\?)3@QU"[N"Y=K->BJXL`D-J;Z,U@GE.$&$G? M06YN8O`SH->0[RL+#0Q-C&5;>;LYR,IL;CZ$8O.<4;,\IGUBA")H^9A+J$WG M<.U!-;=W#C\_C!OTFD`6,X9Z\X/'-#/$7+)#*#^B8$VC_C;@@DT!`0$!`0$! M`0<.;S-#"XFUE<@;QTZ@/)*0BYEIV,(B+.Y$3NS,S=KH('#=XE&[>FHY/&7] MO6XZQWHX\I'U8G9I)0.&28/T?,W,).Q-KV(,;=[Q\=FLE!2^S.G:@[*N^]MW-X2[2I66M9:M5.Y;:+0X MX1"08^0S9^$FI^CVLW;IP01\_>?AXLP=/U"])C(;38^SN`(@]0BMN3!T3-S: M7A(3`YM&X,3Z.2"XH"`@("`@("`@(*[N7><.%N5\=6QE[-96Q&5@:&.",C&` M"82ED.:2&(1YBT;4]7?L9!QR=YN#?"4,E1JW+]K)RR5J6'@B8;I6*[DT\1QR ME&,;P\A<[F3"WCXL@[\7O;!7L!-F[$CXNM4,XKB)+ MT0OC,C'A;%EJ-;<10@U"2P4G2$6=C>9@*1N09"C8'?P\4&S(]Y^'I9::H]"] M/CJ5@:>3SL,0/1JV#Y6:.4G-I'Y7,6,@`A'7SG;B@D-R;[VWM[(XO&7[+/DL MQ:BJ4J46ARN4Q:QVXJ(%GL;2V[CKHEB\8 M]N!KN2NP&XQ2%#S3I0 M5Q./35]6%N8O"@\;FO5=P6-S;BP4K9##4/L-IKE+]/'.^/O%;M#$0NW0VUN6QNYBQ\\%UK4S6_L^`0$@,'%A]4*201C>,^+MP^*@^ MTH"`@("`@("`@(/DN[^\':N>S&1V6>>QV%PM23U?7`8W:N?COUMOY*W'E!AES41CCCI7+?K806)6.,H)='&2+\K0A=!>.Z$ M+O%QT?CJ@O2`@("`@("` M@((O=&X63ID7/8E)@8W9N4>`MX7<)6EN?`[GS.QJF#M M1V[>->2YDX8WUDI1!2.NX60[83>65@Y#T?M\2"2:G3J=]5&*K!'7C/;]V4PB M$09SDOP$9NPLVI$_%W\*"I6,QC(-A9;8LUD"W?/E+-:#$F[-:E*SD'GBG"+@ M11=(V/J,W*S,_%!]K_A0$!`0$!`0$!`043O%[RL;MJ[3P<%RA4W#E(R.&SDI MXZ]6K7!]"L3$9"Y^=Z$8\3?Q-JZ"`JR[5VY=V?F8,W%>VT#92O>W"\L9UROW M2CF*:><'ZUA9]!\2"P["CQNZI MA8-W"+,PCN;(LS-V,S=/@@O*`@("`@("`@('E[$'R(>\#9^^,_7HEGL;0VSC M;P>KTCMP!!WF8W%9H=J4LKC\3F[4+3W,KD9X88:58G<6-AD( M7FG+CTX^SXQ/IVA:]FT\#3VOC:N`LC=Q$4+#5N!*,[3-J_-)U1U$W,]7)V\* M"90$!`0$!V9VT?BS]K(.,,-AXY!D"A7"07YA,8@9V=O"SLR#>]:L5@;)1`]@ M&Y1F<6YV%_`Q::Z($E6M++'+)"!RPZO%(0LY`[]O*[MJWX$'MXXW,9'%G,&= MA-V;5F?MT?X=$'I`0$!`0$!`0$!!HLT:5IA:U7BG8=>5I0$]->W3F9T""C1K MQG%7KQ0Q2>F$8"(EJVG%F9F=![@@@KQ#%!&,,0^C'&+"+:\>#-P0*]:M6!PK MQ!"#NY.,8L#.3]KZ-IQ08@J58'D*"&.(I7YI7`6%R+QEHW%T&U`0$!`0$!`0 M$!!QR8;#RR%))1KG(3ZD91`[N[^%W=D&^6I5E>-Y88Y'A?FAV9 MF9F9M&;@S-V,R#*`@("`@("`@(/$T$,\;Q3QC+$7I1FS$+Z<>+/P0::^,QM: M3J5JD,$FFG/'&`%H_@U%F0;(JM:*222*((Y)GYIC`6$C=O"3LW'\*#WTX^HT MO(/49N5CT;FY7?737MT0>'JUGL#9>$'L"/*,SBW.POX&+371!M0$!`0$!`0$ M!`0<]G&XZT;'9JPSFS:,4L8F[-XM29T&1HT1K/5&O$U5^V!@%HWU?7T=-$&T M`",!",6``9A$1;1F9NQF9D"...,&",!`&U=A%F9N+ZOP;X4`(XX^;D!@YG EX-101.INS 8 rgr-20121231.xml XBRL INSTANCE DOCUMENT false --12-31 FY 2012 2012-12-31 10-K 0000095029 19263000 Yes Large Accelerated Filer 743661000000 STURM RUGER & CO INC No No RGR 807000 825000 646000 391000 -236000 320000 398000 0.08 0.08 0.404 400000 200000 200000 200000 200000 200000 10961000 -1947000 1333000 724000 -689000 -1060000 47693000 54098000 <!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <table style="MARGIN-TOP: 0px; FONT: 10pt Times New Roman, Times, Serif; MARGIN-BOTTOM: 0px" cellspacing="0" cellpadding="0"> <tr style="TEXT-ALIGN: justify; VERTICAL-ALIGN: top"> <td style="WIDTH: 0px">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 0.5in"><strong>7.</strong></td> <td style="TEXT-ALIGN: justify"><strong>Line of Credit</strong></td> </tr> </table> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> In December 2007, the Company established an unsecured $25 million revolving line of credit with a bank. This facility is renewable annually. The credit facility remained unused throughout 2011 and 2012. Borrowings under this facility would bear interest at LIBOR (0.843% at December 31, 2012) plus 200 basis points and the Company is charged three-eighths of a percent (0.375%) per year on the unused portion. At December 31, 2012 and 2011, the Company was in compliance with the terms and covenants of the credit facility.</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> In February 2013, the Company amended its credit facility to increase the availability to $40 million and extend the expiration date from June 15, 2013 to June 15, 2014.</p> <!--EndFragment--></div> </div> 0.02 0.00843 <!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> <u>Organization</u></p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> Sturm, Ruger &amp; Company, Inc. (the "Company") is principally engaged in the design, manufacture, and sale of firearms to domestic customers. Approximately 99% of the Company&#39;s total sales for the year ended December 31, 2012 were from the firearms segment and export sales represented approximately 3% of firearms sales. The Company&#39;s design and manufacturing operations are located in the United States and almost all product content is domestic. The Company&#39;s firearms are sold through a select number of independent wholesale distributors principally to the commercial sporting market.</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> The Company also manufactures and sells investment castings made from steel alloys for both outside customers and internal use in the firearms segment. Investment castings sold to outside customers, either directly to or through manufacturers&#39; representatives, were approximately 1% of the Company&#39;s total sales for the year ended December 31, 2012.</p> <!--EndFragment--></div> </div> <!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <table style="WIDTH: 100%; BORDER-COLLAPSE: collapse; FONT: 10pt Times New Roman, Times, Serif" cellspacing="0" cellpadding="0"> <tr style="VERTICAL-ALIGN: bottom"> <td style="BORDER-BOTTOM: black 1pt solid; FONT-STYLE: italic">Year ended December 31,</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right; FONT-WEIGHT: bold" colspan="2">2012</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right" colspan="2">2011</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right" colspan="2">2010</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="VERTICAL-ALIGN: bottom"> <td>&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: right" colspan="2">&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: right" colspan="2">&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td colspan="2">&nbsp;</td> <td>&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; WIDTH: 55%">(Gain) loss on sale of operating assets</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">$</td> <td style="TEXT-ALIGN: right; WIDTH: 12%">(27</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">)</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">$</td> <td style="TEXT-ALIGN: right; WIDTH: 12%">(83</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">)</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">$</td> <td style="TEXT-ALIGN: right; WIDTH: 12%">22</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">Frozen defined-benefit pension plan expense (income)</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 320</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> (236</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">)</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 398</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">Total other operating expenses (income), net</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 293</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> (319</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">)</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 420</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> </tr> </table> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <!--EndFragment--></div> </div> 441000 337000 1305000 720000 <!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <table style="WIDTH: 100%; BORDER-COLLAPSE: collapse; FONT: 10pt Times New Roman, Times, Serif" cellspacing="0" cellpadding="0"> <tr style="VERTICAL-ALIGN: bottom"> <td style="BORDER-BOTTOM: black 1pt solid; FONT-STYLE: italic"> Weighted Average Assumptions as of December 31,</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right; FONT-WEIGHT: bold" colspan="2">2012</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right" colspan="2">2011</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; WIDTH: 70%">Discount rate</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: right; WIDTH: 12%">4.00</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">%</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: right; WIDTH: 12%">4.75</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">%</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">Rate of compensation increases</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; FONT: 10pt Times New Roman, Times, Serif; TEXT-ALIGN: right"> N/A</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; FONT: 10pt Times New Roman, Times, Serif; TEXT-ALIGN: right"> N/A</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> </tr> </table> <p style="MARGIN: 0px">&nbsp;</p> <!--EndFragment--></div> </div> 6.97 4.48 4.4 3.15 4.57 P5Y P4Y9M18D P4Y6M P6Y3M18D P5Y7M6D P9Y 4.42 4.46 6.76 4.13 9.22 10000000 5000000 31000 52000 64000 -4000 -162000 28592000 38500000 28592000 38500000 <!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <table style="MARGIN-TOP: 0px; FONT: 10pt Times New Roman, Times, Serif; MARGIN-BOTTOM: 0px" cellspacing="0" cellpadding="0"> <tr style="TEXT-ALIGN: justify; VERTICAL-ALIGN: top"> <td style="TEXT-ALIGN: left; WIDTH: 0.5in"><strong>6.</strong></td> <td style="TEXT-ALIGN: justify"><strong>Trade Accounts Payable and Accrued Expenses</strong></td> </tr> </table> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif">&nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> Trade accounts payable and accrued expenses consist of the following:</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif">&nbsp;</p> <table style="WIDTH: 100%; BORDER-COLLAPSE: collapse; FONT: 10pt Times New Roman, Times, Serif" cellspacing="0" cellpadding="0"> <tr style="VERTICAL-ALIGN: bottom"> <td style="BORDER-BOTTOM: black 1pt solid; FONT-STYLE: italic"> December 31,</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right; FONT-WEIGHT: bold" colspan="2">2012</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right" colspan="2">2011</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="VERTICAL-ALIGN: bottom"> <td>&nbsp;</td> <td>&nbsp;</td> <td colspan="2">&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: right" colspan="2">&nbsp;</td> <td>&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; WIDTH: 70%">Trade accounts payable</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">$</td> <td style="TEXT-ALIGN: right; WIDTH: 12%">13,387</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">$</td> <td style="TEXT-ALIGN: right; WIDTH: 12%">12,263</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">Accrued expenses</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 25,113</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 16,329</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 38,500</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 28,592</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> </tr> </table> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif">&nbsp;</p> <!--EndFragment--></div> </div> 12263000 13387000 43217000 44143000 42225000 43018000 217000 489000 16329000 25113000 116195000 129720000 -27543000 -29620000 10454000 15531000 2953000 4718000 2589000 2953000 4718000 2589000 -5859000 -2935000 -1367000 -5859000 -2935000 -1367000 3855000 3474000 808000 3855000 3474000 808000 <!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> <u>Advertising Costs</u></p> <p style="TEXT-ALIGN: justify; TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> The Company expenses advertising costs as incurred. Advertising expenses for 2012, 2011, and 2010, were $3.4 million, $2.9 million, and $2.3 million, respectively.</p> <!--EndFragment--></div> </div> 2900000 3400000 2300000 1200000 1100000 1800000 2500000 185000 300000 206510000 157761000 174486000 97675000 70899000 47140000 103545000 82179000 120879000 5290000 4683000 6467000 146242000 96921000 81056000 5132000 30978000 5008000 75924000 -50078000 124000 <!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <p style="FONT: 10pt Times New Roman, Times, Serif; FONT-WEIGHT: normal; MARGIN: 0pt 0px; TEXT-ALIGN: justify"> <u>Cash and Cash Equivalents</u></p> <p style="TEXT-ALIGN: justify; TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> The Company considers interest-bearing deposits with financial institutions with remaining maturities of three months or less at the time of acquisition to be cash equivalents.</p> <!--EndFragment--></div> </div> 200000000 2550000000 0.43 5.8 0.33 1.0 1.0 1.0 1.0 50000 50000 40000000 40000000 23382566 23562422 19083132 19262988 23383000 23563000 32120000 68552000 28969000 0.14 0.17 0.12 0.15 0.14 0.16 0.12 0.13 0.11 0.12 0.12 0.11 0.94 0.94 0.94 0.19 0.17 0.15 0.14 0.14 0.11 0.12 0.1 <!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <p style="FONT: 10pt Times New Roman, Times, Serif; FONT-WEIGHT: normal; MARGIN: 0pt 0px; TEXT-ALIGN: justify"> <u>Preparation of Financial Statements</u></p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> The Company follows United States generally accepted accounting principles ("GAAP"). The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from these estimates.</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> The significant accounting policies described below, together with the notes that follow, are an integral part of the Financial Statements.</p> <!--EndFragment--></div> </div> 1206000 <!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> <u>Cost Method Investments</u></p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> Investee companies not accounted for under the consolidation or the equity method of accounting are accounted for under the cost method of accounting. Under this method, the Company&#39;s share of the earnings or losses of such Investee companies is not included in the Balance Sheet or Statement of Income. However, impairment charges are recognized in the Statement of Income.</p> <!--EndFragment--></div> </div> 217058000 312871000 171224000 11371000 34941000 11675000 15297000 41576000 14489000 3926000 6635000 2814000 500000 500000 300000 12902000 4542000 17331000 6102000 9487000 12744000 7948000 -327000 1112000 8204000 -96000 1405000 8205000 -1480000 493000 256000 231000 293000 533000 688000 5808000 7288000 5776000 5284000 32000 2004000 23702000 25916000 259000 859000 3374000 3343000 16176000 17396000 1089000 2116000 1625000 1123000 17894000 18628000 8401000 8069000 276000 354000 9217000 10205000 24637000 27390000 27543000 29620000 -661000 7619000 7662000 774000 43719000 47016000 0.0525 0.0475 0.0475 0.04 77230000 68793000 85516000 -2770000 -3033000 2156000 3156000 2600000 3000000 22700000 3400000 4100000 4000000 3800000 3600000 4738000 4650000 58148000 59423000 65890000 6742000 7637000 16037000 18626000 5236000 5848000 11229000 13083000 3136000 3640000 15459000 16510000 309000 546000 -19082000 -19626000 3545000 3574000 -159000 405000 77230000 85516000 58148000 65890000 77230000 85516000 -1034000 -1481000 The current investment objective is to produce income and long-term appreciation through a target asset allocation of 35% debt securities and other fixed income investments including cash and short-term instruments, and 65% equity investments, to provide for the current and future benefit payments of the plans 0.67 0.69 0.27 0.25 0.05 0.05 0.01 0.01 1 1 2000000 2300000 1800000 2100000 3300000 1800000 1618000 3934000 12148000 14236000 9207000 11373000 13413000 8502000 775000 823000 705000 12148000 14888000 9207000 <!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <table style="MARGIN-TOP: 0px; FONT: 10pt Times New Roman, Times, Serif; MARGIN-BOTTOM: 0px" cellspacing="0" cellpadding="0"> <tr style="TEXT-ALIGN: justify; VERTICAL-ALIGN: top"> <td style="WIDTH: 0px">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 0.5in"> <strong>13.</strong></td> <td style="TEXT-ALIGN: justify"><strong>Compensation Plans</strong></td> </tr> </table> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif">&nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> On December 18, 2000, the Company adopted, and in May 2001 the shareholders approved, the 2001 Stock Option Plan for Non-Employee Directors (the "2001 Plan") under which non-employee directors were granted options to purchase shares of the Company&#39;s authorized but unissued stock. The Company reserved 200,000 shares for issuance under the 2001 Plan. In April 2007, all reserved shares for which a stock option had not been granted under the 2001 Plan were deregistered. No further stock options or stock will be granted under the 2001 Plan.</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> In April 2007, the Company adopted and the shareholders approved the 2007 Stock Incentive Plan (the "2007 SIP") under which employees, independent contractors, and non-employee directors may be granted stock options, restricted stock, deferred stock awards, restricted stock units ("RSU&#39;s"), and stock appreciation rights, any of which may or may not require the achievement of performance objectives. Vesting requirements are determined by the Compensation Committee of the Board of Directors. The Company reserved 2,550,000 shares for issuance under the 2007 SIP. At December 31, 2012, an aggregate of 830,000 shares remain available for grant under the Plan.</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> Compensation expense related to stock options is recognized based on the grant-date fair value of the awards estimated using the Black-Scholes option pricing model. Compensation expense related to deferred stock, restricted stock, and restricted stock units is recognized based on the grant-date fair value of the Company&#39;s common stock. The total stock-based compensation cost included in the Statements of Income was $4.7 million, $3.0 million, and $2.6 million in 2012, 2011, and 2010, respectively.</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> <u>Stock Options</u></p> <p style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> For purposes of determining the fair value of stock option awards granted, the Company used the Black-Scholes option pricing model and the assumptions set forth in the table below.</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <table style="WIDTH: 90%; BORDER-COLLAPSE: collapse; FONT: 10pt Times New Roman, Times, Serif" cellspacing="0" cellpadding="0" align="center"> <tr style="VERTICAL-ALIGN: bottom"> <td>&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right" colspan="2">2012</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right" colspan="2">2010</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; WIDTH: 70%">Dividend yield</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: right; WIDTH: 12%">2.9</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">%</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: right; WIDTH: 12%">0.0</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">%</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; TEXT-INDENT: -36.9pt; PADDING-LEFT: 0.5in"> Expected volatility</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">44.2</td> <td style="TEXT-ALIGN: left">%</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">40.0</td> <td style="TEXT-ALIGN: left">%</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left">Risk free rate of return</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">4.0</td> <td style="TEXT-ALIGN: left">%</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">4.0</td> <td style="TEXT-ALIGN: left">%</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left">Expected lives</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="FONT: 10pt Times New Roman, Times, Serif; TEXT-ALIGN: right"> 2.9 years</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="FONT: 10pt Times New Roman, Times, Serif; TEXT-ALIGN: right"> 6.7 years</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> </table> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> The estimated fair value of options granted is subject to the assumptions made and if the assumptions changed, the estimated fair value amounts could be significantly different.</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> The following table summarizes the stock option activity of the Plans:</p> <p style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <table style="WIDTH: 100%; BORDER-COLLAPSE: collapse; FONT: 10pt Times New Roman, Times, Serif" cellspacing="0" cellpadding="0"> <tr style="VERTICAL-ALIGN: bottom"> <td>&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center" colspan="2">Shares</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center" colspan="2">Weighted<br /> Average<br /> Exercise Price</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center" colspan="2">Weighted<br /> Average<br /> Grant Date<br /> Fair Value</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center" colspan="2">Weighted<br /> Average<br /> Remaining<br /> Contractual<br /> Life (Years)</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="WIDTH: 48%">Outstanding at December 31, 2009</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: right; WIDTH: 10%">1,498,150</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">$</td> <td style="TEXT-ALIGN: right; WIDTH: 10%">9.00</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">$</td> <td style="TEXT-ALIGN: right; WIDTH: 10%">4.13</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: right; WIDTH: 10%">7.1</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="PADDING-LEFT: 9pt">Granted</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">40,000</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">9.70</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">4.80</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">9.0</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="PADDING-LEFT: 9pt">Exercised</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">(366,000</td> <td style="TEXT-ALIGN: left">)</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">8.11</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">3.15</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">4.5</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="PADDING-BOTTOM: 1pt; PADDING-LEFT: 9pt">Canceled</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> -</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> -</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> -</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> -</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td>Outstanding at December 31, 2010</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">1,172,150</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">9.30</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">4.46</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">6.7</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="PADDING-LEFT: 9pt">Granted</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">-</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">-</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">-</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">-</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="PADDING-LEFT: 9pt">Exercised</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">(843,450</td> <td style="TEXT-ALIGN: left">)</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">9.58</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">4.48</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">5.0</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="PADDING-BOTTOM: 1pt; PADDING-LEFT: 9pt">Canceled</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> -</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> -</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> -</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> -</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td>Outstanding at December 31, 2011</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">328,700</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">8.58</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">4.42</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">6.2</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="PADDING-LEFT: 9pt">Granted</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">9,830</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">8.59</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">32.57</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">5.6</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="PADDING-LEFT: 9pt">Exercised</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">(217,820</td> <td style="TEXT-ALIGN: left">)</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">7.92</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">4.40</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">4.8</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="PADDING-BOTTOM: 1pt; PADDING-LEFT: 9pt">Canceled</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> (250</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">)</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 8.69</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 4.57</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 6.3</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="PADDING-BOTTOM: 1pt">Outstanding at December 31, 2012</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 120,460</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 8.58</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 6.76</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 5.7</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">Exercisable Options Outstanding at December 31, 2012</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 52,583</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 8.65</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 6.97</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 5.4</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="PADDING-BOTTOM: 2.5pt">Non-Vested Options Outstanding at December 31, 2012</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 67,877</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 9.22</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 6.81</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 5.6</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> </tr> </table> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> At December 31, 2012, the aggregate intrinsic value of all options, including exercisable options, was $4.4 million.</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> At December 31, 2012, there was $0.2 million of unrecognized compensation cost related to stock options that is expected to be recognized over a weighted-average period of 1.2 years.</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> <u>Deferred Stock</u></p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> Deferred stock awards vest based on the passage of time or the Company&#39;s attainment of performance objectives. Upon vesting, these awards convert one-for-one to common stock.</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> In 2012, 4,542 deferred stock awards were issued to non-employee directors that will vest in April 2013 and 6,102 deferred stock awards were issued to non-employee directors that will vest in April 2015.</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> In 2011, 9,487 deferred stock awards were issued to non-employee directors that vested in April 2012 and 12,744 deferred stock awards were issued to non-employee directors that will vest in April 2014.</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> In 2010, 12,902 deferred stock awards were issued to non-employee directors that vested in April 2011 and 17,331 deferred stock awards were issued to non-employee directors that will vest in April 2013.</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> Compensation expense related to these awards is amortized ratably over the vesting period. Compensation expense related to these awards was $0.5 million, $0.5 million and $0.3 million in 2012, 2011, and 2010, respectively.</p> <p style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> <u>Restricted Stock Units</u></p> <p style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> Beginning in the second quarter of 2009, the Company began granting restricted stock units in lieu of incentive stock options to senior employees. These RSU&#39;s have a vesting "double trigger." The vesting of these RSU&#39;s is dependent on the achievement of corporate objectives established by the Compensation Committee of the Board of Directors and the passage of time.</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> During 2012, 139,000 restricted stock units were issued. Compensation costs related to these restricted stock units was $6.2 million, of which $1.2 million was recognized in 2012. The remaining costs will be recognized ratably over the remaining period required before the units to vest, which ranges from two to four years.</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> During 2011, 524,000 restricted stock units were issued. Compensation costs related to these restricted stock units was $10.7 million, of which $2.5 million and $1.8 million was recognized in 2012 and 2011, respectively. The remaining costs will be recognized ratably over the remaining period required before the units to vest, which ranges from one to three years.</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> During 2010, 76,000 restricted stock units were issued. Compensation costs related to these restricted stock units was $1.1 million, all of which was recognized in 2010 because the performance objectives were attained and the awards became fully vested.</p> <!--EndFragment--></div> </div> -8159000 -111523000 -6317000 -8159000 -111523000 -6317000 -4645000 -4645000 2.12 3.69 1.48 0.81 0.94 0.91 1.03 0.55 0.57 0.57 0.42 2.09 3.6 1.46 0.79 0.91 0.88 1.0 0.54 0.56 0.56 0.42 <!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> <u>Earnings per Share</u></p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> Basic earnings per share is based upon the weighted-average number of shares of common stock outstanding during the year. Diluted earnings per share reflect the impact of options, restricted stock units, and deferred stock outstanding using the treasury stock method.</p> <!--EndFragment--></div> </div> <!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <table style="MARGIN-TOP: 0px; FONT: 10pt Times New Roman, Times, Serif; MARGIN-BOTTOM: 0px" cellspacing="0" cellpadding="0"> <tr style="TEXT-ALIGN: justify; VERTICAL-ALIGN: top"> <td style="WIDTH: 0px">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 0.5in"> <strong>11.</strong></td> <td style="TEXT-ALIGN: justify"><strong>Earnings Per Share</strong></td> </tr> </table> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> Set forth below is a reconciliation of the numerator and denominator for basic and diluted earnings per share calculations for the periods indicated:</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif">&nbsp;</p> <table style="WIDTH: 100%; BORDER-COLLAPSE: collapse; FONT: 10pt Times New Roman, Times, Serif" cellspacing="0" cellpadding="0"> <tr style="VERTICAL-ALIGN: bottom"> <td style="BORDER-BOTTOM: black 1pt solid; FONT-STYLE: italic">Year ended December 31,</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right; FONT-WEIGHT: bold" colspan="2">2012</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right" colspan="2">2011</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right" colspan="2">2010</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="VERTICAL-ALIGN: bottom"> <td>&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: right" colspan="2">&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: right" colspan="2">&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td colspan="2">&nbsp;</td> <td>&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-INDENT: -0.1in; PADDING-LEFT: 0.1in"> Numerator:</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; TEXT-INDENT: -0.1in; PADDING-LEFT: 16.2pt; WIDTH: 64%"> Net income</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">$</td> <td style="TEXT-ALIGN: right; WIDTH: 9%">70,629</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">$</td> <td style="TEXT-ALIGN: right; WIDTH: 9%">40,015</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">$</td> <td style="TEXT-ALIGN: right; WIDTH: 9%">28,255</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-INDENT: -0.1in; PADDING-LEFT: 0.1in"> Denominator:</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-INDENT: -0.1in; PADDING-LEFT: 16.2pt">Weighted average number of common shares outstanding - Basic</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">19,160,849</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">18,919,489</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">19,032,557</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt; TEXT-INDENT: -0.1in; PADDING-LEFT: 16.2pt"> Dilutive effect of options and restricted stock units outstanding under the Company&#39;s employee compensation plans</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 474,392</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 232,909</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 266,636</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="PADDING-BOTTOM: 2.5pt; TEXT-INDENT: -0.1in; PADDING-LEFT: 0.1in"> Weighted average number of common shares outstanding - Diluted</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 19,635,241</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 19,152,398</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 19,299,193</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> </tr> </table> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif">&nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> The dilutive effect of outstanding options and restricted stock units is calculated using the treasury stock method. The weighted average number of common shares outstanding decreased from the previous year in 2011 and 2010 as a result of the Company&#39;s stock repurchase plans, which were authorized by the Board of Directors in 2008 and 2010. See Note 12 for further information.</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> There are no anti-dilutive stock options in 2012, 2011, and 2010 because the closing price of the Company&#39;s stock on December 31, 2012, 2011, and 2010 exceeded the strike price of all outstanding options on that date.</p> <!--EndFragment--></div> </div> 0.37 0.37 0.36 0.35 0.35 0.35 -0.018 -0.03 -0.027 -0.005 0.01 -0.009 0.043 0.04 0.046 14882000 15182000 P1Y2M12D 6200000 10700000 0.29 969000 125000 <!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> <u>Equity Method Investments</u></p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> Investee companies that are not consolidated, but over which the Company exercises significant influence, are accounted for under the equity method of accounting. Under the equity method of accounting, an investee company&#39;s accounts are not reflected within the Company&#39;s Balance Sheets and Statements of Income; however, the Company&#39;s share of the earnings or losses of the investee company is reflected in &#39;&#39;Other operating (income) expenses, net&#39;&#39; in the Statements of Income. The Company&#39;s carrying value in an investee company is reflected in &#39;&#39;Other assets&#39;&#39; in the Company&#39;s Balance Sheets.</p> <!--EndFragment--></div> </div> 3855000 3474000 1923000 <!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <table style="MARGIN-TOP: 0px; FONT: 10pt Times New Roman, Times, Serif; MARGIN-BOTTOM: 0px" cellspacing="0" cellpadding="0"> <tr style="TEXT-ALIGN: justify; VERTICAL-ALIGN: top"> <td style="WIDTH: 0px">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 0.5in"> <strong>17.</strong></td> <td style="TEXT-ALIGN: justify"><strong>Financial Instruments</strong></td> </tr> </table> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif">&nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> The Company does not hold or issue financial instruments for trading or hedging purposes, nor does it hold interest rate, leveraged, or other types of derivative financial instruments. Fair values of accounts receivable, accounts payable, accrued expenses and income taxes payable reflected in the December 31, 2012 and 2011 balance sheets approximate carrying values at those dates.</p> <!--EndFragment--></div> </div> 2583000 200000 2826000 146000 498000 2057000 2057000 4900000 5021000 83000 27000 -22000 26000 944000 -22000 20970000 29231000 16652000 111758000 178953000 83982000 41793000 45134000 42565000 49461000 30172000 29127000 28465000 23995000 <!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> <u>Long-lived Assets</u></p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> The Company evaluates the carrying value of long-lived assets to be held and used when events or changes in circumstances indicate the carrying value may not be recoverable. In performing this review, the carrying value of the assets is compared to the projected undiscounted cash flows to be generated from the assets. If the sum of the undiscounted expected future cash flows is less than the carrying value of the assets, the assets are considered to be impaired. Impairment losses are measured as the amount by which the carrying value of the assets exceeds their fair value. The Company bases fair value of the assets on quoted market prices if available or, if not available, quoted market prices of similar assets. Where quoted market prices are not available, the Company estimates fair value using the estimated future cash flows generated by the assets discounted at a rate commensurate with the risks associated with the recovery of the assets.</p> <p style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif">&nbsp;</p> <!--EndFragment--></div> </div> 63516000 112109000 44149000 -714000 307000 -2374000 66484000 113660000 48160000 -2254000 -1858000 -1637000 <!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <table style="MARGIN-TOP: 0px; FONT: 10pt Times New Roman, Times, Serif; MARGIN-BOTTOM: 0px" cellspacing="0" cellpadding="0"> <tr style="TEXT-ALIGN: justify; VERTICAL-ALIGN: top"> <td style="WIDTH: 0px">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 0.5in"> <strong>10.</strong></td> <td style="TEXT-ALIGN: justify"><strong>Income Taxes</strong></td> </tr> </table> <p style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif">&nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> The Company files income tax returns in the U.S. federal jurisdiction and various state jurisdictions. With few exceptions, the Company is no longer subject to U.S. federal and state income tax examinations by tax authorities for years before 2008.</p> <p style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> The federal and state income tax provision consisted of the following:</p> <p style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <table style="WIDTH: 100%; BORDER-COLLAPSE: collapse; FONT: 10pt Times New Roman, Times, Serif" cellspacing="0" cellpadding="0"> <tr style="VERTICAL-ALIGN: bottom"> <td style="BORDER-BOTTOM: black 1pt solid; FONT-STYLE: italic">Year ended December 31,</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center; FONT-WEIGHT: bold" colspan="6">2012</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center" colspan="6">2011</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center" colspan="6">2010</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="VERTICAL-ALIGN: bottom"> <td>&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right" colspan="2">Current</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right" colspan="2">Deferred</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right" colspan="2">Current</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right" colspan="2">Deferred</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right" colspan="2">Current</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right" colspan="2">Deferred</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="WIDTH: 28%">Federal</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">$</td> <td style="TEXT-ALIGN: right; WIDTH: 9%">34,941</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">$</td> <td style="TEXT-ALIGN: right; WIDTH: 9%">(327</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">)</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">$</td> <td style="TEXT-ALIGN: right; WIDTH: 9%">11,371</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">$</td> <td style="TEXT-ALIGN: right; WIDTH: 9%">7,948</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">$</td> <td style="TEXT-ALIGN: right; WIDTH: 9%">11,675</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">$</td> <td style="TEXT-ALIGN: right; WIDTH: 9%">1,112</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="PADDING-BOTTOM: 1pt">State</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 6,635</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 231</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 3,926</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 256</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 2,814</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 293</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 41,576</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> (96</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">)</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 15,297</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 8,204</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 14,489</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 1,405</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> </tr> </table> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> The effective income tax rate varied from the statutory federal income tax rate as follows:</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <table style="WIDTH: 100%; BORDER-COLLAPSE: collapse; FONT: 10pt Times New Roman, Times, Serif" cellspacing="0" cellpadding="0"> <tr style="VERTICAL-ALIGN: bottom"> <td style="BORDER-BOTTOM: black 1pt solid; FONT-STYLE: italic">Year ended December 31,</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right; FONT-WEIGHT: bold" colspan="2">2012</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right" colspan="2">2011</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right" colspan="2">2010</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; TEXT-INDENT: -13.75pt; PADDING-LEFT: 13.75pt; WIDTH: 64%"> Statutory federal income tax rate</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: right; WIDTH: 9%">35.0</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">%</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: right; WIDTH: 9%">35.0</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">%</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: right; WIDTH: 9%">35.0</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">%</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; TEXT-INDENT: -13.75pt; PADDING-LEFT: 13.75pt"> State income taxes, net of federal tax benefit</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">4.0</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">4.3</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">4.6</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; TEXT-INDENT: -13.75pt; PADDING-LEFT: 13.75pt"> Domestic production activities deduction</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">(3.0</td> <td style="TEXT-ALIGN: left">)</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">(1.8</td> <td style="TEXT-ALIGN: left">)</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">(2.7</td> <td style="TEXT-ALIGN: left">)</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt; TEXT-INDENT: -13.75pt; PADDING-LEFT: 13.75pt"> Other items</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 1.0</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> (0.5</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">)</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> (0.9</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">)</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt; TEXT-INDENT: -13.75pt; PADDING-LEFT: 13.75pt"> Effective income tax rate</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 37.0</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">%</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 37.0</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">%</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 36.0</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">%</td> </tr> </table> <p style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> Significant components of the Company&#39;s deferred tax assets and liabilities are as follows:</p> <p style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <table style="WIDTH: 100%; BORDER-COLLAPSE: collapse; FONT: 10pt Times New Roman, Times, Serif" cellspacing="0" cellpadding="0"> <tr style="VERTICAL-ALIGN: bottom"> <td style="BORDER-BOTTOM: black 1pt solid; FONT-STYLE: italic"> December 31,</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right; FONT-WEIGHT: bold" colspan="2">2012</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right" colspan="2">2011</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; FONT-WEIGHT: bold">Deferred tax assets:</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; PADDING-LEFT: 9pt; WIDTH: 76%">Product liability</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">$</td> <td style="TEXT-ALIGN: right; WIDTH: 9%">391</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">$</td> <td style="TEXT-ALIGN: right; WIDTH: 9%">646</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; PADDING-LEFT: 9pt">Employee compensation and benefits</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">3,343</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">3,374</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; PADDING-LEFT: 9pt">Allowances for doubtful accounts and discounts</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">1,123</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">1,625</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="PADDING-LEFT: 9pt">Inventories</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">688</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">533</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; PADDING-LEFT: 9pt">Additional minimum pension liability</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">17,396</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">16,176</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="PADDING-LEFT: 9pt">Stock-based compensation</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">2,116</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">1,089</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="PADDING-BOTTOM: 1pt; PADDING-LEFT: 9pt">Other</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 859</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 259</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">Total deferred tax assets</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 25,916</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 23,702</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; FONT-WEIGHT: bold">Deferred tax liabilities:</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; PADDING-LEFT: 9pt">Pension plans</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">10,205</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">9,217</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="PADDING-LEFT: 9pt">Depreciation</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">8,069</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">8,401</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="PADDING-BOTTOM: 1pt; PADDING-LEFT: 9pt">Other</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 354</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 276</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">Total deferred tax liabilities</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 18,628</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 17,894</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">Net deferred tax assets</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 7,288</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 5,808</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> </tr> </table> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> Changes in deferred tax assets relating to the additional minimum pension liability are not charged to expense and are therefore not included in the deferred tax provision; instead they are charged to other comprehensive income.</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> The Company made income tax payments of approximately $33.0 million, $16.4 million, and $14.6 million, during 2012, 2011, and 2010, respectively. The Company expects to realize its deferred tax assets through tax deductions against future taxable income or carry back against taxes previously paid<em>.</em></p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> The Company does not believe it has included any "uncertain tax positions" in its federal income tax return or any of the state income tax returns it is currently filing. The Company has made an evaluation of the potential impact of additional state taxes being assessed by jurisdictions in which the Company does not currently consider itself liable. The Company does not anticipate that such additional taxes, if any, would result in a material change to its financial position.</p> <p style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <!-- Field: Page; Sequence: 60; Value: 2 --> <!--EndFragment--></div> </div> 16400000 33000000 14600000 23501000 41480000 15894000 <!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <p style="FONT: 10pt Times New Roman, Times, Serif; FONT-WEIGHT: normal; MARGIN: 0pt 0px; TEXT-ALIGN: justify"> <u>Income Taxes</u></p> <p style="TEXT-ALIGN: justify; TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> Income taxes are accounted for using the asset and liability method. Under this method, deferred income taxes are recognized for the tax consequences of "temporary differences" by applying enacted statutory rates applicable to future years to temporary differences between the financial statement carrying amounts and the tax basis of the Company&#39;s assets and liabilities.</p> <!--EndFragment--></div> </div> 11807000 9908000 3932000 10660000 793000 6516000 -365000 272000 -962000 3959000 -4345000 -1967000 156000 6553000 -888000 232909 474392 266636 110000 95000 143000 <!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <table style="MARGIN-TOP: 0px; FONT: 10pt Times New Roman, Times, Serif; MARGIN-BOTTOM: 0px" cellspacing="0" cellpadding="0"> <tr style="TEXT-ALIGN: justify; VERTICAL-ALIGN: top"> <td style="WIDTH: 0px">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 0.5in"><strong>3.</strong></td> <td style="TEXT-ALIGN: justify"><strong>Inventories</strong></td> </tr> </table> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> Inventories consist of the following:</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <table style="WIDTH: 100%; BORDER-COLLAPSE: collapse; FONT: 10pt Times New Roman, Times, Serif" cellspacing="0" cellpadding="0"> <tr style="VERTICAL-ALIGN: bottom"> <td style="BORDER-BOTTOM: black 1pt solid; FONT-STYLE: italic"> December 31,</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right; FONT-WEIGHT: bold" colspan="2">2012</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right" colspan="2">2011</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="VERTICAL-ALIGN: bottom"> <td>&nbsp;</td> <td>&nbsp;</td> <td colspan="2">&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: right" colspan="2">&nbsp;</td> <td>&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; WIDTH: 70%">Finished goods</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">$</td> <td style="TEXT-ALIGN: right; WIDTH: 12%">3,615</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">$</td> <td style="TEXT-ALIGN: right; WIDTH: 12%">4,071</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">Materials and products in process</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 50,483</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 43,622</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td>&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">54,098</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">47,693</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">Adjustment of inventories to a LIFO basis</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> (38,089</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">)</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> (37,476</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">)</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 16,009</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 10,217</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> </tr> </table> <p style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif">&nbsp;</p> <!--EndFragment--></div> </div> 4071000 3615000 49004000 55827000 37476000 38089000 10217000 16009000 <!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <p style="FONT: 10pt Times New Roman, Times, Serif; FONT-WEIGHT: normal; MARGIN: 0pt 0px; TEXT-ALIGN: justify"> <u>Inventories</u></p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> Substantially all of the Company&#39;s inventories are valued at the lower of cost, principally determined by the last-in, first-out (LIFO) method, or market. Elements of cost in inventories include raw materials, direct labor and manufacturing overhead.</p> <!--EndFragment--></div> </div> 1311000 1729000 43622000 50483000 -234000 761000 -1057000 29000 34000 48000 <!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <table style="MARGIN-TOP: 0px; FONT: 10pt Times New Roman, Times, Serif; MARGIN-BOTTOM: 0px" cellspacing="0" cellpadding="0"> <tr style="TEXT-ALIGN: justify; VERTICAL-ALIGN: top"> <td style="WIDTH: 0px">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 0.5in"> <strong>16.</strong></td> <td style="TEXT-ALIGN: justify"><strong>Contingent Liabilities</strong></td> </tr> </table> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> As of December 31, 2012, the Company was a defendant in approximately two (2) lawsuits and was aware of certain other such claims. Lawsuits in which the Company is involved generally fall into one of three categories: traditional product litigation, municipal litigation, and commercial litigation, discussed in turn below.</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> <u>Traditional Product Liability Litigation</u></p> <p style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> One of the two lawsuits mentioned above involves claims for damages related to allegedly defective product design and/or manufacture and/or inadequate warnings. The lawsuit stems from a specific incident of personal injury and is based on traditional product liability theories such as strict liability, negligence and/or breach of warranty. The Company management believes that the allegations in this case are unfounded, and that the incident was caused by the negligence and/or misuse of the firearm by third parties or the claimant, and that there should be no recovery against the Company.</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> <u>Municipal Litigation</u></p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> Municipal litigation generally includes those cases brought by cities or other governmental entities and individuals against firearms manufacturers, distributors and retailers seeking to recover damages allegedly arising out of the misuse of firearms by third-parties in the commission of homicides, suicides and other shootings involving juveniles and adults.</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> The only remaining lawsuit of this type was filed by the City of Gary in Indiana State Court over ten years ago. The complaint seeks damages, among other things, for the costs of medical care, police and emergency services, public health services, and other services as well as punitive damages. In addition, nuisance abatement and/or injunctive relief is sought to change the design, manufacture, marketing, and distribution practices of the various defendants. The suit alleges, among other claims, negligence in the design of products, public nuisance, negligent distribution and marketing, negligence per se and deceptive advertising. The case does not allege a specific injury to a specific individual as a result of the misuse or use of any of the Company&#39;s products.</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> After a long procedural history, the case was scheduled for trial on June 15, 2009. The case was not tried on that date and no subsequent scheduling order was entered. There has been no activity since that time.</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> <u>Commercial Litigation</u></p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> From time to time, the Company may be involved in commercial disputes that result in litigation. These disputes run the gamut and may involve intellectual property, real property, supply or distribution agreements, contract disputes, or other, general commercial matters. As of December 31, 2012, the Company was not involved in any such lawsuits.</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> <u>Summary of Claimed Damages and Explanation of Product Liability Accruals</u></p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> Punitive damages, as well as compensatory damages, are demanded in certain of the lawsuits and claims. Aggregate claimed amounts presently exceed product liability accruals and applicable insurance coverage. For claims made after July 10, 2000, coverage is provided on an annual basis for losses exceeding $5 million per claim, or an aggregate maximum loss of $10 million annually, except for certain new claims which might be brought by governments or municipalities after July 10, 2000, which are excluded from coverage.</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> The Company management monitors the status of known claims and the product liability accrual, which includes amounts for asserted and unasserted claims. While it is not possible to forecast the outcome of litigation or the timing of costs, in the opinion of management, after consultation with special and corporate counsel, there is a remote likelihood that litigation, including punitive damage claims, will have a material adverse effect on the financial position of the Company, but may have a material impact on the Company&#39;s financial results for a particular period.</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> Product liability claim payments are made when appropriate if, as, and when claimants and the Company reach agreement upon an amount to finally resolve all claims. Legal costs are paid as the lawsuits and claims develop, the timing of which may vary greatly from case to case. A time schedule cannot be determined in advance with any reliability concerning when payments will be made in any given case.</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> Provision is made for product liability claims based upon many factors related to the severity of the alleged injury and potential liability exposure, based upon prior claim experience. Because our experience in defending these lawsuits and claims is that unfavorable outcomes are typically not probable or estimable, only in rare cases is an accrual established for such costs. In most cases, an accrual is established only for estimated legal defense costs. Product liability accruals are periodically reviewed to reflect then-current estimates of possible liabilities and expenses incurred to date and reasonably anticipated in the future. Threatened product liability claims are reflected in our product liability accrual on the same basis as actual claims; <em>i.e.</em>, an accrual is made for reasonably anticipated possible liability and claims-handling expenses on an ongoing basis.</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> A range of reasonably possible loss relating to unfavorable outcomes cannot be made. However, in product liability cases in which a dollar amount of damages is claimed, the amount of damages claimed, which totaled $0.0 million and $5.4 million at December 31, 2012 and 2011, respectively, are set forth as an indication of possible maximum liability that the Company might be required to incur in these cases (regardless of the likelihood or reasonable probability of any or all of this amount being awarded to claimants) as a result of adverse judgments that are sustained on appeal.</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> As of December 31, 2012 and 2011, the Company was a defendant in 2 and 3 lawsuits, respectively, involving its products and is aware of other such claims. During 2012 and 2011, respectively, 2 and 1 claims were filed against the Company, 3 and 0 claims were dismissed, and no claims were settled in either year.</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> The Company&#39;s product liability expense was $0.2 million in 2012 and $1.6 million in 2011. This expense includes the cost of outside legal fees, insurance, and other expenses incurred in the management and defense of product liability matters.</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> A roll-forward of the product liability reserve and detail of product liability expense for the three years ended December 31, 2012 follows:</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif">&nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: bold 10pt Times New Roman, Times, Serif"> Balance Sheet Roll-forward for Product Liability Reserve</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif">&nbsp;</p> <table style="WIDTH: 80%; BORDER-COLLAPSE: collapse; FONT: 10pt Times New Roman, Times, Serif; MARGIN-LEFT: 0.5in" cellspacing="0" cellpadding="0"> <tr style="VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: justify; FONT-WEIGHT: bold">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="TEXT-ALIGN: center" colspan="2">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="TEXT-ALIGN: center" colspan="2">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center" colspan="6">Cash Payments</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="TEXT-ALIGN: center" colspan="2">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: justify; FONT-WEIGHT: bold">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center" colspan="2"> <p style="TEXT-ALIGN: center; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> Balance</p> <p style="TEXT-ALIGN: center; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> Beginning</p> <p style="TEXT-ALIGN: center; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> of Year (a<strong>)</strong></p> </td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center" colspan="2">Accrued<br /> Legal<br /> Expense<br /> (Income)<br /> (b)</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center" colspan="2">Legal Fees<br /> (c)</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center" colspan="2">Settlements<br /> (d)</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center" colspan="2">Balance End<br /> of Year (a)</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: justify">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: justify" colspan="2">&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: justify" colspan="2">&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: justify" colspan="2">&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: justify" colspan="2">&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: justify" colspan="2">&nbsp;</td> <td>&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: justify; WIDTH: 35%">2010</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: right; WIDTH: 10%">2,082</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: right; WIDTH: 10%">(834</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">)</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: right; WIDTH: 10%">(64</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">)</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: right; WIDTH: 10%">(162</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">)</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: right; WIDTH: 10%">1,022</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: justify">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: justify">2011</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">1,022</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">755</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">(31</td> <td style="TEXT-ALIGN: left">)</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">-</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">1,746</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: justify">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: justify">2012</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">1,746</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">(633</td> <td style="TEXT-ALIGN: left">)</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">(52</td> <td style="TEXT-ALIGN: left">)</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">(4</td> <td style="TEXT-ALIGN: left">)</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">1,057</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> </table> <p style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="MARGIN: 0pt 0px; FONT: bold 10pt Times New Roman, Times, Serif"> Income Statement Detail for Product Liability Expense</p> <p style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <table style="WIDTH: 60%; BORDER-COLLAPSE: collapse; FONT: 10pt Times New Roman, Times, Serif; MARGIN-LEFT: 0.5in" cellspacing="0" cellpadding="0"> <tr style="VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: justify" nowrap="nowrap">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt" nowrap="nowrap">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center" colspan="2" nowrap="nowrap">Accrued<br /> Legal<br /> Expense (b)</td> <td style="PADDING-BOTTOM: 1pt" nowrap="nowrap">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt" nowrap="nowrap">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center" colspan="2" nowrap="nowrap">Insurance<br /> Premium<br /> Expense (e)</td> <td style="PADDING-BOTTOM: 1pt" nowrap="nowrap">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt" nowrap="nowrap">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center" colspan="2" nowrap="nowrap">Total<br /> Product<br /> Liability<br /> Expense</td> <td style="PADDING-BOTTOM: 1pt" nowrap="nowrap">&nbsp;</td> </tr> <tr style="VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: justify">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: right" colspan="2">&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: right" colspan="2">&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: right" colspan="2">&nbsp;</td> <td>&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: justify; WIDTH: 55%">2010</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: right; WIDTH: 12%">(834</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">)</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: right; WIDTH: 12%">843</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: right; WIDTH: 12%">9</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: justify">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: justify">2011</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">755</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">862</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">1,617</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: justify">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: justify">2012</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">(633</td> <td style="TEXT-ALIGN: left">)</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">810</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">177</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> </table> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif">&nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> <strong>Notes</strong></p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <table style="MARGIN-TOP: 0pt; FONT: 10pt Times New Roman, Times, Serif; MARGIN-BOTTOM: 0pt" cellspacing="0" cellpadding="0" width="100%"> <tr style="VERTICAL-ALIGN: top"> <td style="WIDTH: 0px">&nbsp;</td> <td style="WIDTH: 0.5in">(a)</td> <td style="TEXT-ALIGN: justify">The beginning and ending liability balances represent accrued legal fees only. Settlements and administrative costs are expensed as incurred. Only in rare instances is an accrual established for settlements.</td> </tr> </table> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <table style="MARGIN-TOP: 0pt; FONT: 10pt Times New Roman, Times, Serif; MARGIN-BOTTOM: 0pt" cellspacing="0" cellpadding="0" width="100%"> <tr style="VERTICAL-ALIGN: top"> <td style="WIDTH: 0px">&nbsp;</td> <td style="WIDTH: 0.5in">(b)</td> <td style="TEXT-ALIGN: justify">The expense accrued in the liability is for legal fees only. In 2010 and 2012, the costs incurred related to cases that were settled or dismissed were less than the amounts accrued for these cases in prior years.</td> </tr> </table> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <table style="MARGIN-TOP: 0pt; WIDTH: 100%; FONT: 10pt Times New Roman, Times, Serif; MARGIN-BOTTOM: 0pt" cellspacing="0" cellpadding="0"> <tr style="TEXT-ALIGN: justify; VERTICAL-ALIGN: top"> <td style="WIDTH: 0px">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 0.5in">(c)</td> <td style="TEXT-ALIGN: justify">Legal fees represent payments to outside counsel related to product liability matters.</td> </tr> </table> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <table style="MARGIN-TOP: 0pt; FONT: 10pt Times New Roman, Times, Serif; MARGIN-BOTTOM: 0pt" cellspacing="0" cellpadding="0" width="100%"> <tr style="VERTICAL-ALIGN: top"> <td style="WIDTH: 0px">&nbsp;</td> <td style="WIDTH: 0.5in">(d)</td> <td style="TEXT-ALIGN: justify">Settlements represent payments made to plaintiffs or allegedly injured parties in exchange for a full and complete release of liability.</td> </tr> </table> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <table style="MARGIN-TOP: 0px; FONT: 10pt Times New Roman, Times, Serif; MARGIN-BOTTOM: 0px" cellspacing="0" cellpadding="0"> <tr style="TEXT-ALIGN: justify; VERTICAL-ALIGN: top"> <td style="WIDTH: 0px">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 0.5in">(e)</td> <td style="TEXT-ALIGN: justify">Insurance expense represents the cost of insurance premiums.</td> </tr> </table> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> There were no insurance recoveries during any of the above years.</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif">&nbsp;</p> <!-- Field: Page; Sequence: 69; Value: 2 --> <!--EndFragment--></div> </div> 206510000 174486000 49596000 59491000 <!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <p style="FONT: 10pt Times New Roman, Times, Serif; FONT-WEIGHT: normal; MARGIN: 0pt 0px; TEXT-ALIGN: justify"> <u>Product Liability</u></p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> The Company provides for product liability claims including estimated legal costs to be incurred defending such claims. The provision for product liability claims is charged to cost of products sold.</p> <!--EndFragment--></div> </div> 2014-06-15 LIBOR 25000000 40000000 0.00375 <!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <table style="MARGIN-TOP: 0px; FONT: 10pt Times New Roman, Times, Serif; MARGIN-BOTTOM: 0px" cellspacing="0" cellpadding="0"> <tr style="TEXT-ALIGN: justify; VERTICAL-ALIGN: top"> <td style="WIDTH: 0px">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 0.5in"><strong>2.</strong></td> <td style="TEXT-ALIGN: justify"><strong>Trade Receivables, Net</strong></td> </tr> </table> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> Trade receivables consist of the following:</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <table style="WIDTH: 100%; BORDER-COLLAPSE: collapse; FONT: 10pt Times New Roman, Times, Serif" cellspacing="0" cellpadding="0"> <tr style="VERTICAL-ALIGN: bottom"> <td style="BORDER-BOTTOM: black 1pt solid; FONT-STYLE: italic"> December 31,</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right; FONT-WEIGHT: bold" colspan="2">2012</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right" colspan="2">2011</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="VERTICAL-ALIGN: bottom"> <td>&nbsp;</td> <td>&nbsp;</td> <td colspan="2">&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: right" colspan="2">&nbsp;</td> <td>&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; WIDTH: 70%">Trade receivables</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">$</td> <td style="TEXT-ALIGN: right; WIDTH: 12%">44,143</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">$</td> <td style="TEXT-ALIGN: right; WIDTH: 12%">43,217</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left">Allowance for doubtful accounts</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">(300</td> <td style="TEXT-ALIGN: left">)</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">(185</td> <td style="TEXT-ALIGN: left">)</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">Allowance for discounts</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> (825</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">)</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> (807</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">)</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 43,018</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 42,225</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> </tr> </table> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> In 2012, the largest individual trade receivable balances accounted for 17%, 14%, 11%, and 10% of total trade receivables, respectively.</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> In 2011, the largest individual trade receivable balances accounted for 19%, 15%, 14%, and 12% of total trade receivables, respectively.</p> <!--EndFragment--></div> </div> 5400000 0 2 -12162000 -110984000 -11227000 30677000 -26279000 -21140000 57409000 87185000 32491000 40015000 70629000 28255000 15480000 18014000 17349000 19786000 10518000 10737000 10813000 7947000 40015000 70629000 28255000 1100000 1043000 756000 2 49342000 67887000 40589000 62416000 111066000 43393000 -1134000 <!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <table style="MARGIN-TOP: 0px; FONT: 10pt Times New Roman, Times, Serif; MARGIN-BOTTOM: 0px" cellspacing="0" cellpadding="0"> <tr style="TEXT-ALIGN: justify; VERTICAL-ALIGN: top"> <td style="WIDTH: 0px">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 0.5in"><strong>5.</strong></td> <td style="TEXT-ALIGN: justify"><strong>Other Assets</strong></td> </tr> </table> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> Other assets consist of the following:</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <table style="WIDTH: 100%; BORDER-COLLAPSE: collapse; FONT: 10pt Times New Roman, Times, Serif" cellspacing="0" cellpadding="0"> <tr style="VERTICAL-ALIGN: bottom"> <td style="BORDER-BOTTOM: black 1pt solid; FONT-STYLE: italic"> December 31,</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right; FONT-WEIGHT: bold" colspan="2">2012</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right" colspan="2">2011</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="VERTICAL-ALIGN: bottom"> <td>&nbsp;</td> <td>&nbsp;</td> <td colspan="2">&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: right" colspan="2">&nbsp;</td> <td>&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; WIDTH: 70%">Patents, at cost</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">$</td> <td style="TEXT-ALIGN: right; WIDTH: 12%">5,021</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">$</td> <td style="TEXT-ALIGN: right; WIDTH: 12%">4,900</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; PADDING-LEFT: 9pt">Accumulated amortization</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">(2,826</td> <td style="TEXT-ALIGN: left">)</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">(2,583</td> <td style="TEXT-ALIGN: left">)</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left">Deposits on capital items</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">3,934</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">1,618</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left">Software development costs, at cost</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">2,057</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">2,057</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; PADDING-LEFT: 9pt">Accumulated amortization</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">(498</td> <td style="TEXT-ALIGN: left">)</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">(146</td> <td style="TEXT-ALIGN: left">)</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left">Investment in equity securities, carried at cost</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">125</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">969</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left">Investment in equity securities, equity method</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">1,206</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">-</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="PADDING-BOTTOM: 1pt">Other</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 549</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 474</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 9,568</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 7,289</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> </tr> </table> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif">&nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> The capitalized cost of patents is amortized using the straight-line method over their useful lives. The cost of patent amortization was $0.2 million in each 2012, 2011, and 2010. The estimated annual patent amortization cost for each of the next five years is $0.2 million. Costs incurred to maintain existing patents are charged to expense in the year incurred.</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> Software development costs were incurred to develop and implement an integrated ERP system prior to the time the system became operational. These costs are being amortized using the straight line method over a period of sixty months. Costs incurred subsequent to the system becoming operational are being expensed. The cost of software development cost amortization was $0.4 million and $0.1 million in 2012 and 2011, respectively. There was no amortization for software development costs in 2010.</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> The investment in equity securities carried at cost was evaluated for impairment as of December 31, 2012 and it was determined that the investment has been impaired and that the impairment is other than temporary. As a result, the Company recognized an impairment loss of $1.1 million in 2012.</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> The investment in equity securities accounted for on the equity method of accounting consists of a 29% interest in a crossbow manufacturer. The Company recognized an immaterial loss related to this investment in 2012 and did not receive any dividends from this investment in 2012.</p> <!--EndFragment--></div> </div> 474000 549000 7289000 9568000 7895000 2077000 -714000 7895000 2077000 -714000 4133000 1219000 460000 -319000 293000 420000 <!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <table style="MARGIN-TOP: 0px; FONT: 10pt Times New Roman, Times, Serif; MARGIN-BOTTOM: 0px" cellspacing="0" cellpadding="0"> <tr style="TEXT-ALIGN: justify; VERTICAL-ALIGN: top"> <td style="WIDTH: 0px">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 0.5in"><strong>9.</strong></td> <td style="TEXT-ALIGN: justify"><strong>Other Operating Expenses (Income), net</strong></td> </tr> </table> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif">&nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> Other operating expenses (income), net consist of the following:</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <table style="WIDTH: 100%; BORDER-COLLAPSE: collapse; FONT: 10pt Times New Roman, Times, Serif" cellspacing="0" cellpadding="0"> <tr style="VERTICAL-ALIGN: bottom"> <td style="BORDER-BOTTOM: black 1pt solid; FONT-STYLE: italic">Year ended December 31,</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right; FONT-WEIGHT: bold" colspan="2">2012</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right" colspan="2">2011</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right" colspan="2">2010</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="VERTICAL-ALIGN: bottom"> <td>&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: right" colspan="2">&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: right" colspan="2">&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td colspan="2">&nbsp;</td> <td>&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; WIDTH: 55%">(Gain) loss on sale of operating assets</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">$</td> <td style="TEXT-ALIGN: right; WIDTH: 12%">(27</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">)</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">$</td> <td style="TEXT-ALIGN: right; WIDTH: 12%">(83</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">)</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">$</td> <td style="TEXT-ALIGN: right; WIDTH: 12%">22</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">Frozen defined-benefit pension plan expense (income)</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 320</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> (236</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">)</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 398</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">Total other operating expenses (income), net</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 293</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> (319</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">)</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 420</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> </tr> </table> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <!--EndFragment--></div> </div> 308000 280000 422000 1999000 5718000 8159000 111523000 6317000 5859000 3083000 1115000 122978000 59966000 164966000 22135000 27282000 19409000 20719000 26773000 18904000 1416000 509000 505000 19082000 19626000 <!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <table style="MARGIN-TOP: 0px; FONT: 10pt Times New Roman, Times, Serif; MARGIN-BOTTOM: 0px" cellspacing="0" cellpadding="0"> <tr style="TEXT-ALIGN: justify; VERTICAL-ALIGN: top"> <td style="WIDTH: 0px">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 0.5in"><strong>8.</strong></td> <td style="TEXT-ALIGN: justify"><strong>Employee Benefit Plans</strong></td> </tr> </table> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif">&nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> The Company has migrated its retirement benefits from defined-benefit pension plans to defined-contribution retirement plans, utilizing its current 401(k) plan. The Company sponsored two qualified defined-benefit pension plans that covered substantially all employees. A third defined-benefit pension plan is non-qualified and covered certain executive officers of the Company. The Company also sponsors a defined-contribution 401(k) plan that covers substantially all employees.</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> <u>Defined-Benefit Plans</u></p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> In 2007, the Company amended its hourly and salaried defined-benefit pension plans so that employees no longer accrued benefits under them after December 31, 2007. This action "froze" the benefits for all employees and prevented future hires from joining the plans, effective December 31, 2007. Currently, the Company provides supplemental discretionary contributions to substantially all employees&#39; individual 401(k) accounts.</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> Minimum contributions of $2.6 million were required for the defined-benefit plans for 2012. The Company contributed $3 million and $2 million in 2012 and 2011, respectively.</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> In future years, the Company may again be required to make cash contributions to the two defined-benefit pension plans. The annual contributions will be based on the amount of the unfunded plan liabilities derived from the frozen benefits and will not include liabilities for any future accrued benefits for any new or existing participants. The total amount of these future cash contributions will depend on the investment returns generated by the plans&#39; assets and the then-applicable discount rates used to calculate the plans&#39; liabilities.</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> The Company plans to contribute approximately $3 million in 2013, but will increase the amount of the contribution if required to do so. The intent of these contributions is to reduce the amount of time that the Company will be required to continue to operate the frozen plans. The ongoing cost of running the plans (even if frozen) is approximately $0.4 million per year, which includes PBGC premiums, actuary and audit fees, and other expenses.</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> The measurement dates of the assets and liabilities of all plans presented for 2012 and 2011 were December 31, 2012 and December 31, 2011, respectively.</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> Summarized information on the Company&#39;s defined-benefit pension plans is as follows:</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <table style="WIDTH: 100%; BORDER-COLLAPSE: collapse; FONT: 10pt Times New Roman, Times, Serif" cellspacing="0" cellpadding="0"> <tr style="VERTICAL-ALIGN: bottom"> <td style="BORDER-BOTTOM: black 1pt solid; FONT-WEIGHT: bold"> Obligations and Funded Status at December 31,</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right; FONT-WEIGHT: bold" colspan="2">2012</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right" colspan="2">2011</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="VERTICAL-ALIGN: bottom"> <td style="FONT-WEIGHT: bold">&nbsp;</td> <td style="FONT-WEIGHT: bold">&nbsp;</td> <td style="TEXT-ALIGN: right; FONT-WEIGHT: bold" colspan="2"> &nbsp;</td> <td style="FONT-WEIGHT: bold">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: right" colspan="2">&nbsp;</td> <td>&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; FONT-WEIGHT: bold">Change in Benefit Obligation</td> <td style="FONT-WEIGHT: bold">&nbsp;</td> <td style="TEXT-ALIGN: left; FONT-WEIGHT: bold">&nbsp;</td> <td style="TEXT-ALIGN: right; FONT-WEIGHT: bold">&nbsp;</td> <td style="TEXT-ALIGN: left; FONT-WEIGHT: bold">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; WIDTH: 70%">Benefit obligation at beginning of year</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">$</td> <td style="TEXT-ALIGN: right; WIDTH: 12%">77,230</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">$</td> <td style="TEXT-ALIGN: right; WIDTH: 12%">68,793</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left">Service cost</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">-</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">-</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left">Interest cost</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">3,574</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">3,545</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left">Actuarial loss</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">7,745</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">7,662</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">Benefits paid</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> (3,033</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">)</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> (2,770</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">)</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">Benefit obligation at end of year</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 85,516</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 77,230</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td>&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; FONT-WEIGHT: bold">Change in Plan Assets</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left">Fair value of plan assets at beginning of year</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">58,148</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">59,423</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left">Actual return on plan assets</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">7,619</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">(661</td> <td style="TEXT-ALIGN: left">)</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left">Employer contributions</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">3,156</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">2,156</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">Benefits paid</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> (3,033</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">)</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> (2,770</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">)</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">Fair value of plan assets at end of year</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 65,890</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 58,148</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td>&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; FONT-WEIGHT: bold">Funded Status</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left">Funded status</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">(19,626</td> <td style="TEXT-ALIGN: left">)</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">(19,082</td> <td style="TEXT-ALIGN: left">)</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left">Unrecognized net actuarial loss</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">47,016</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">43,719</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">Unrecognized prior service cost</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> -</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> -</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">Net amount recognized</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 27,390</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 24,637</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> </tr> </table> <p style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <table style="WIDTH: 100%; BORDER-COLLAPSE: collapse; FONT: 10pt Times New Roman, Times, Serif" cellspacing="0" cellpadding="0"> <tr style="VERTICAL-ALIGN: bottom"> <td style="BORDER-BOTTOM: black 1pt solid; FONT-STYLE: italic"> Weighted Average Assumptions for the years ended December 31,</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right; FONT-WEIGHT: bold" colspan="2">2012</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right" colspan="2">2011</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; WIDTH: 70%">Discount rate</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: right; WIDTH: 12%">4.75</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">%</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: right; WIDTH: 12%">5.25</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">%</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left">Expected long-term return on plan assets</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">8.00</td> <td style="TEXT-ALIGN: left">%</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">8.00</td> <td style="TEXT-ALIGN: left">%</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">Rate of compensation increases</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; FONT: 10pt Times New Roman, Times, Serif; TEXT-ALIGN: right"> N/A</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; FONT: 10pt Times New Roman, Times, Serif; TEXT-ALIGN: right"> N/A</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> </tr> </table> <p style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <table style="WIDTH: 100%; BORDER-COLLAPSE: collapse; FONT: 10pt Times New Roman, Times, Serif" cellspacing="0" cellpadding="0"> <tr style="VERTICAL-ALIGN: bottom"> <td style="BORDER-BOTTOM: black 1pt solid; FONT-WEIGHT: bold"> Components of Net Periodic Pension Cost</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right; FONT-WEIGHT: bold" colspan="2">2012</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right" colspan="2">2011</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left">Service cost</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">$</td> <td style="TEXT-ALIGN: right">-</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">$</td> <td style="TEXT-ALIGN: right">-</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; WIDTH: 70%">Interest cost</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: right; WIDTH: 12%">3,574</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: right; WIDTH: 12%">3,545</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left">Expected return on assets</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">(4,650</td> <td style="TEXT-ALIGN: left">)</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">(4,738</td> <td style="TEXT-ALIGN: left">)</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left">Recognized gains</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">1,481</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">1,034</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">Prior service cost recognized</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> -</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> -</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">Net periodic pension cost</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 405</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> (159</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">)</td> </tr> </table> <p style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <table style="WIDTH: 100%; BORDER-COLLAPSE: collapse; FONT: 10pt Times New Roman, Times, Serif" cellspacing="0" cellpadding="0"> <tr style="VERTICAL-ALIGN: bottom"> <td style="BORDER-BOTTOM: black 1pt solid; FONT-WEIGHT: bold"> Amounts Recognized on the Balance Sheet</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right; FONT-WEIGHT: bold" colspan="2">2012</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right" colspan="2">2011</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; WIDTH: 70%">Accrued benefit liability</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">$</td> <td style="TEXT-ALIGN: right; WIDTH: 12%">(19,626</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">)</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">$</td> <td style="TEXT-ALIGN: right; WIDTH: 12%">(19,082</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">)</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left">Accumulated other comprehensive loss, net of tax</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">29,620</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">27,543</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">Deferred tax asset</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 17,396</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 16,176</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 27,390</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 24,637</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> </tr> </table> <p style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <table style="WIDTH: 100%; BORDER-COLLAPSE: collapse; FONT: 10pt Times New Roman, Times, Serif" cellspacing="0" cellpadding="0"> <tr style="VERTICAL-ALIGN: bottom"> <td style="BORDER-BOTTOM: black 1pt solid; FONT-STYLE: italic"> Weighted Average Assumptions as of December 31,</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right; FONT-WEIGHT: bold" colspan="2">2012</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right" colspan="2">2011</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; WIDTH: 70%">Discount rate</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: right; WIDTH: 12%">4.00</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">%</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: right; WIDTH: 12%">4.75</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">%</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">Rate of compensation increases</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; FONT: 10pt Times New Roman, Times, Serif; TEXT-ALIGN: right"> N/A</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; FONT: 10pt Times New Roman, Times, Serif; TEXT-ALIGN: right"> N/A</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> </tr> </table> <p style="MARGIN: 0px">&nbsp;</p> <table style="WIDTH: 100%; BORDER-COLLAPSE: collapse; FONT: 10pt Times New Roman, Times, Serif" cellspacing="0" cellpadding="0"> <tr style="VERTICAL-ALIGN: bottom"> <td style="BORDER-BOTTOM: black 1pt solid; FONT-STYLE: italic"> Information for Pension Plans with an Accumulated Benefit<br /> Obligation in excess of plan assets</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right; FONT-WEIGHT: bold" colspan="2">2012</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right" colspan="2">2011</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; WIDTH: 70%">Projected benefit obligation</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">$</td> <td style="TEXT-ALIGN: right; WIDTH: 12%">85,516</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">$</td> <td style="TEXT-ALIGN: right; WIDTH: 12%">77,230</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left">Accumulated benefit obligation</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">$</td> <td style="TEXT-ALIGN: right">85,516</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">$</td> <td style="TEXT-ALIGN: right">77,230</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="PADDING-BOTTOM: 2.5pt">Fair value of plan assets</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 65,890</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 58,148</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> </tr> </table> <p style="MARGIN: 0px">&nbsp;</p> <table style="WIDTH: 100%; BORDER-COLLAPSE: collapse; FONT: 10pt Times New Roman, Times, Serif" cellspacing="0" cellpadding="0"> <tr style="VERTICAL-ALIGN: bottom"> <td style="BORDER-BOTTOM: black 1pt solid; FONT-STYLE: italic"> Pension Weighted Average Asset Allocations as of December 31,</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right; FONT-WEIGHT: bold" colspan="2">2012</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right" colspan="2">2011</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; WIDTH: 70%">Debt securities</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: right; WIDTH: 12%">25</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">%</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: right; WIDTH: 12%">27</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">%</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left">Equity securities</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">69</td> <td style="TEXT-ALIGN: left">%</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">67</td> <td style="TEXT-ALIGN: left">%</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left">Real estate</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">5</td> <td style="TEXT-ALIGN: left">%</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">5</td> <td style="TEXT-ALIGN: left">%</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">Money market funds</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 1</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">%</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 1</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">%</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 100</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">%</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 100</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">%</td> </tr> </table> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> The estimated future benefit payments for the defined-benefit plans for each of the next five years and the total amount for years six through ten, are as follows: 2013-$3.4 million, 2014-$3.6 million, 2015-$3.8 million, 2016-$4.0 million, 2017-$4.1 million and for the five year period ending 2021-$22.7 million.</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> The Company determines the expected return on plan assets based on the target asset allocations. In addition, the historical returns of the plan assets are also considered in arriving at the expected rate of return.</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> The Company recorded an additional minimum pension liability adjustment, net of tax, which decreased comprehensive income by $2.1 million and $7.9 million in 2012 and 2011 and increased comprehensive income by $0.7 million in 2010, respectively.</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> <em>Plan Assets</em></p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> The current investment objective is to produce income and long-term appreciation through a target asset allocation of 35% debt securities and other fixed income investments including cash and short-term instruments, and 65% equity investments, to provide for the current and future benefit payments of the plans. The pension plans are not invested in the common stock of the Company.</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> The Company adopted the provisions of the Financial Accounting Standard Board&#39;s Accounting Standards Codification 821.10 ("ASC 820.10") which defines fair value, establishes a framework for measuring fair value in generally accepted accounting principles, and expands disclosures about fair value measurements. The Company has determined that all financial assets of both its defined-benefit pension plans are level 2 in the fair value hierarchy established by ASC 820.10. The valuation of level 2 assets are based on inputs, other than quoted prices in active markets, that are either directly or indirectly observable for the assets.</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> The disclosures focus on the inputs used to measure fair value. The following is a description of the valuation methodologies used to measure the plans&#39; assets at fair value:</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px 0pt 0.05pt; FONT: 10pt Times New Roman, Times, Serif"> <em><u>Pooled separate accounts</u></em>: Valued at the net asset value ("NAV") of units held by the plans at year end, which is determined by aggregating the quoted market values of the underlying assets.</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px 0pt 0.05pt; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px 0pt 0.05pt; FONT: 10pt Times New Roman, Times, Serif"> <em><u>Money market funds</u></em>: Valued at the NAV of shares held by the plans at year end, which is generally intended to equal one dollar per share.</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px 0pt 0.05pt; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px 0pt 0.05pt; FONT: 10pt Times New Roman, Times, Serif"> The following table sets forth the defined-benefit plans&#39; assets at fair value:</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <table style="WIDTH: 100%; BORDER-COLLAPSE: collapse; FONT: 10pt Times New Roman, Times, Serif" cellspacing="0" cellpadding="0"> <tr style="VERTICAL-ALIGN: bottom"> <td style="BORDER-BOTTOM: black 1pt solid; FONT-STYLE: italic"> December 31,</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right; FONT-WEIGHT: bold" colspan="2">2012</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right" colspan="2">2011</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="VERTICAL-ALIGN: bottom"> <td>&nbsp;</td> <td>&nbsp;</td> <td colspan="2">&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: right" colspan="2">&nbsp;</td> <td>&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-WEIGHT: normal"> Pooled separate accounts:</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; TEXT-INDENT: 8.05pt">Equity securities:</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; TEXT-INDENT: 19.35pt; WIDTH: 70%">U.S. small cap equity funds</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">$</td> <td style="TEXT-ALIGN: right; WIDTH: 12%">7,637</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">$</td> <td style="TEXT-ALIGN: right; WIDTH: 12%">6,742</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; TEXT-INDENT: 19.35pt">U.S. mid-cap equity funds</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">18,626</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">16,037</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; TEXT-INDENT: 19.35pt">U.S. large-cap equity funds</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">5,848</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">5,236</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; TEXT-INDENT: 19.35pt">International equity funds</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">13,083</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">11,229</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; TEXT-INDENT: 19.35pt">Domestic real estate funds</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">3,640</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">3,136</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; TEXT-INDENT: 8.05pt">Fixed income securities:</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; TEXT-INDENT: 19.25pt; PADDING-LEFT: 0.1pt"> Corporate bond funds</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">16,510</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">15,459</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">Money market fund</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 546</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 309</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 65,890</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 58,148</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> </tr> </table> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> <u>Defined-Contribution Plans</u></p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> Prior to 2007, the Company also sponsored two qualified defined-contribution plans that covered substantially all of its hourly and salaried employees. Effective January 1, 2007, the qualified defined-contribution plans were merged into a single 401(k) plan. Under the terms of the 401(k) plan, the Company matches a certain portion of employee contributions. Expenses related to matching employee contributions to the 401(k) plan were $2.3 million, $2.0 million, and $1.8 million in 2012, 2011, and 2010, respectively.</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> Additionally, in 2012, 2011, and 2010 the Company provided supplemental discretionary contributions to the individual 401(k) accounts of substantially all employees. Each employee received a supplemental contribution to their account based on a uniform percentage of qualifying compensation established annually. The cost of these supplemental contributions totaled $3.3 million, $2.1 million, and $1.8 million in 2012, 2011, and 2010, respectively.</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> <u>Non-Qualified Plan</u></p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> The Company also sponsors a non-qualified defined-contribution plan, the Supplemental Executive Retirement Plan, which covered certain of its salaried employees. Only one participant, who is retired, remains in this plan.</p> <!--EndFragment--></div> </div> 6968000 1632000 175471000 59966000 163214000 319000 1003000 21000 148000 1617000 177000 9000 755000 -633000 -834000 862000 810000 843000 <!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <p style="MARGIN: 0pt 0px; FONT: bold 10pt Times New Roman, Times, Serif"> Income Statement Detail for Product Liability Expense</p> <p style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <table style="WIDTH: 60%; BORDER-COLLAPSE: collapse; FONT: 10pt Times New Roman, Times, Serif; MARGIN-LEFT: 0.5in" cellspacing="0" cellpadding="0"> <tr style="VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: justify" nowrap="nowrap">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt" nowrap="nowrap">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center" colspan="2" nowrap="nowrap">Accrued<br /> Legal<br /> Expense (b)</td> <td style="PADDING-BOTTOM: 1pt" nowrap="nowrap">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt" nowrap="nowrap">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center" colspan="2" nowrap="nowrap">Insurance<br /> Premium<br /> Expense (e)</td> <td style="PADDING-BOTTOM: 1pt" nowrap="nowrap">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt" nowrap="nowrap">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center" colspan="2" nowrap="nowrap">Total<br /> Product<br /> Liability<br /> Expense</td> <td style="PADDING-BOTTOM: 1pt" nowrap="nowrap">&nbsp;</td> </tr> <tr style="VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: justify">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: right" colspan="2">&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: right" colspan="2">&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: right" colspan="2">&nbsp;</td> <td>&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: justify; WIDTH: 55%">2010</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: right; WIDTH: 12%">(834</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">)</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: right; WIDTH: 12%">843</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: right; WIDTH: 12%">9</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: justify">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: justify">2011</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">755</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">862</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">1,617</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: justify">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: justify">2012</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">(633</td> <td style="TEXT-ALIGN: left">)</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">810</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">177</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> </table> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif">&nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> <strong>Notes</strong></p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <table style="MARGIN-TOP: 0pt; FONT: 10pt Times New Roman, Times, Serif; MARGIN-BOTTOM: 0pt" cellspacing="0" cellpadding="0" width="100%"> <tr style="VERTICAL-ALIGN: top"> <td style="WIDTH: 0px">&nbsp;</td> <td style="WIDTH: 0.5in">(a)</td> <td style="TEXT-ALIGN: justify">The beginning and ending liability balances represent accrued legal fees only. Settlements and administrative costs are expensed as incurred. Only in rare instances is an accrual established for settlements.</td> </tr> </table> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <table style="MARGIN-TOP: 0pt; FONT: 10pt Times New Roman, Times, Serif; MARGIN-BOTTOM: 0pt" cellspacing="0" cellpadding="0" width="100%"> <tr style="VERTICAL-ALIGN: top"> <td style="WIDTH: 0px">&nbsp;</td> <td style="WIDTH: 0.5in">(b)</td> <td style="TEXT-ALIGN: justify">The expense accrued in the liability is for legal fees only. In 2010 and 2012, the costs incurred related to cases that were settled or dismissed were less than the amounts accrued for these cases in prior years.</td> </tr> </table> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <table style="MARGIN-TOP: 0pt; WIDTH: 100%; FONT: 10pt Times New Roman, Times, Serif; MARGIN-BOTTOM: 0pt" cellspacing="0" cellpadding="0"> <tr style="TEXT-ALIGN: justify; VERTICAL-ALIGN: top"> <td style="WIDTH: 0px">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 0.5in">(c)</td> <td style="TEXT-ALIGN: justify">Legal fees represent payments to outside counsel related to product liability matters.</td> </tr> </table> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <table style="MARGIN-TOP: 0pt; FONT: 10pt Times New Roman, Times, Serif; MARGIN-BOTTOM: 0pt" cellspacing="0" cellpadding="0" width="100%"> <tr style="VERTICAL-ALIGN: top"> <td style="WIDTH: 0px">&nbsp;</td> <td style="WIDTH: 0.5in">(d)</td> <td style="TEXT-ALIGN: justify">Settlements represent payments made to plaintiffs or allegedly injured parties in exchange for a full and complete release of liability.</td> </tr> </table> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <table style="MARGIN-TOP: 0px; FONT: 10pt Times New Roman, Times, Serif; MARGIN-BOTTOM: 0px" cellspacing="0" cellpadding="0"> <tr style="TEXT-ALIGN: justify; VERTICAL-ALIGN: top"> <td style="WIDTH: 0px">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 0.5in">(e)</td> <td style="TEXT-ALIGN: justify">Insurance expense represents the cost of insurance premiums.</td> </tr> </table> <!--EndFragment--></div> </div> <!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <table style="MARGIN-TOP: 0px; FONT: 10pt Times New Roman, Times, Serif; MARGIN-BOTTOM: 0px" cellspacing="0" cellpadding="0"> <tr style="TEXT-ALIGN: justify; VERTICAL-ALIGN: top"> <td style="WIDTH: 0px">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 0.5in"><strong>4.</strong></td> <td style="TEXT-ALIGN: justify"><strong>Property, Plant and Equipment</strong></td> </tr> </table> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> Property, plant and equipment consist of the following:</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <table style="WIDTH: 100%; BORDER-COLLAPSE: collapse; FONT: 10pt Times New Roman, Times, Serif" cellspacing="0" cellpadding="0"> <tr style="VERTICAL-ALIGN: bottom"> <td style="BORDER-BOTTOM: black 1pt solid; FONT-STYLE: italic"> December 31,</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right; FONT-WEIGHT: bold" colspan="2">2012</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right" colspan="2">2011</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="VERTICAL-ALIGN: bottom"> <td>&nbsp;</td> <td>&nbsp;</td> <td colspan="2">&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: right" colspan="2">&nbsp;</td> <td>&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; WIDTH: 70%">Land and improvements</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">$</td> <td style="TEXT-ALIGN: right; WIDTH: 12%">1,308</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">$</td> <td style="TEXT-ALIGN: right; WIDTH: 12%">1,266</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left">Buildings and improvements</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">29,539</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">27,961</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left">Machinery and equipment</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">133,635</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">111,558</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">Dies and tools</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 31,231</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 28,357</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 195,713</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 169,142</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> </tr> </table> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif">&nbsp;</p> <!--EndFragment--></div> </div> 169142000 195713000 1266000 1308000 27961000 29539000 111558000 133635000 28357000 31231000 52947000 65993000 <!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <p style="FONT: 10pt Times New Roman, Times, Serif; FONT-WEIGHT: normal; MARGIN: 0pt 0px; TEXT-ALIGN: justify"> <u>Property, Plant, and Equipment</u></p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> Property, plant, and equipment are carried at cost. Depreciation is computed over useful lives using the straight-line and declining balance methods predominately over 15 years for buildings, 10 years for machinery and equipment and 3 years for tools and dies. When assets are retired, sold or otherwise disposed of, their gross carrying values and related accumulated depreciation are removed from the accounts and a gain or loss on such disposals is recognized when appropriate.</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> Maintenance and repairs are charged to operations; replacements and improvements are capitalized.</p> <!--EndFragment--></div> </div> <!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <table style="WIDTH: 100%; BORDER-COLLAPSE: collapse; FONT: 10pt Times New Roman, Times, Serif" cellspacing="0" cellpadding="0"> <tr style="VERTICAL-ALIGN: bottom"> <td style="BORDER-BOTTOM: black 1pt solid; FONT-STYLE: italic"> December 31,</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right; FONT-WEIGHT: bold" colspan="2">2012</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right" colspan="2">2011</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="VERTICAL-ALIGN: bottom"> <td>&nbsp;</td> <td>&nbsp;</td> <td colspan="2">&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: right" colspan="2">&nbsp;</td> <td>&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; WIDTH: 70%">Land and improvements</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">$</td> <td style="TEXT-ALIGN: right; WIDTH: 12%">1,308</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">$</td> <td style="TEXT-ALIGN: right; WIDTH: 12%">1,266</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left">Buildings and improvements</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">29,539</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">27,961</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left">Machinery and equipment</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">133,635</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">111,558</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">Dies and tools</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 31,231</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 28,357</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 195,713</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 169,142</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> </tr> </table> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif">&nbsp;</p> <!--EndFragment--></div> </div> P15Y P10Y P3Y <!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <table style="MARGIN-TOP: 0px; FONT: 10pt Times New Roman, Times, Serif; MARGIN-BOTTOM: 0px" cellspacing="0" cellpadding="0"> <tr style="TEXT-ALIGN: justify; VERTICAL-ALIGN: top"> <td style="WIDTH: 0px">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 0.5in"> <strong>15.</strong></td> <td style="TEXT-ALIGN: justify"><strong>Quarterly Results of Operations (Unaudited)</strong></td> </tr> </table> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> The following is a tabulation of the unaudited quarterly results of operations for the two years ended December 31, 2012:</p> <p style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <table style="WIDTH: 95%; BORDER-COLLAPSE: collapse; FONT: 10pt Times New Roman, Times, Serif" cellspacing="0" cellpadding="0" align="center"> <tr style="VERTICAL-ALIGN: bottom"> <td style="FONT-WEIGHT: bold">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center; FONT-WEIGHT: bold" colspan="14">Three Months Ended</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> </tr> <tr style="VERTICAL-ALIGN: bottom"> <td style="FONT-WEIGHT: bold">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right; FONT-WEIGHT: bold" colspan="2">3/31/12</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right; FONT-WEIGHT: bold" colspan="2">6/30/12</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right; FONT-WEIGHT: bold" colspan="2">9/29/12</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right; FONT-WEIGHT: bold" colspan="2">12/31/12</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-WEIGHT: normal"> Net Sales</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">$</td> <td style="TEXT-ALIGN: right">112,337</td> <td>&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">$</td> <td style="TEXT-ALIGN: right">119,569</td> <td>&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">$</td> <td style="TEXT-ALIGN: right">118,152</td> <td>&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">$</td> <td style="TEXT-ALIGN: right">141,766</td> <td>&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; TEXT-INDENT: 0.5pt; WIDTH: 48%">Gross profit</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: right; WIDTH: 10%">41,793</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: right; WIDTH: 10%">45,134</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: right; WIDTH: 10%">42,565</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: right; WIDTH: 10%">49,461</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; TEXT-INDENT: 0.5pt">Net income</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">15,480</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">18,014</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">17,349</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">19,786</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-INDENT: 0.5pt">Basic earnings per share</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">0.81</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">0.94</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">0.91</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">1.03</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-INDENT: 0.5pt">Diluted earnings per share</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">$</td> <td style="TEXT-ALIGN: right">0.79</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">$</td> <td style="TEXT-ALIGN: right">0.91</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">$</td> <td style="TEXT-ALIGN: right">0.88</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">$</td> <td style="TEXT-ALIGN: right">1.00</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> </table> <p style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <table style="WIDTH: 95%; BORDER-COLLAPSE: collapse; FONT: 10pt Times New Roman, Times, Serif" cellspacing="0" cellpadding="0" align="center"> <tr style="VERTICAL-ALIGN: bottom"> <td style="FONT-WEIGHT: bold">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center" colspan="14">Three Months Ended</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="VERTICAL-ALIGN: bottom"> <td style="FONT-WEIGHT: bold">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right" colspan="2">4/02/11</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right" colspan="2">7/02/11</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right" colspan="2">10/01/11</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right" colspan="2">12/31/11</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; WIDTH: 48%; FONT-WEIGHT: normal"> Net Sales</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">$</td> <td style="TEXT-ALIGN: right; WIDTH: 10%">75,441</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">$</td> <td style="TEXT-ALIGN: right; WIDTH: 10%">79,622</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">$</td> <td style="TEXT-ALIGN: right; WIDTH: 10%">80,512</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">$</td> <td style="TEXT-ALIGN: right; WIDTH: 10%">93,241</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left">Gross profit</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">23,995</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">28,465</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">29,127</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">30,172</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left">Net income</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">7,947</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">10,813</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">10,737</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">10,518</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td>Basic earnings per share</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">0.42</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">0.57</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">0.57</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">0.55</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td>Diluted earnings per share</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">$</td> <td style="TEXT-ALIGN: right">0.42</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">$</td> <td style="TEXT-ALIGN: right">0.56</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">$</td> <td style="TEXT-ALIGN: right">0.56</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">$</td> <td style="TEXT-ALIGN: right">0.54</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> </table> <p style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <!--EndFragment--></div> </div> <!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <p style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> <u>Accounts Receivable</u></p> <p style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> The Company establishes an allowance for doubtful accounts based on the credit worthiness of its customers and historical experience. While the Company uses the best information available to make its evaluation, future adjustments to the allowance for doubtful accounts may be necessary if there are significant changes in economic and industry conditions or any other factors considered in the Company&#39;s evaluation. Bad debt expense has been immaterial during each of the last three years.</p> <!--EndFragment--></div> </div> 4000000 5900000 3200000 <!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> <u>Research and Development</u></p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> In 2012, 2011, and 2010, the Company spent approximately $5.9 million, $4.0 million, and $3.2 million, respectively, on research activities relating to the development of new products and the improvement of existing products. Research and development costs are expensed as incurred.</p> <!--EndFragment--></div> </div> 168981000 123442000 <!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <p style="FONT: 10pt Times New Roman, Times, Serif; FONT-WEIGHT: normal; MARGIN: 0pt 0px; TEXT-ALIGN: justify"> <u>Revenue Recognition</u></p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> Substantially all product sales are sold FOB (free on board) shipping point. Revenue is recognized when product is shipped and the customer takes ownership and assumes the risk of loss. Accruals are made for sales discounts and incentives based on the Company&#39;s experience. The Company accounts for cash sales discounts as a reduction in sales and sales incentives as a charge to selling expense. Amounts billed to customers for shipping and handling fees are included in net sales and costs incurred by the Company for the delivery of goods are classified as selling expenses. Federal excise taxes are excluded from net sales.</p> <!--EndFragment--></div> </div> 873000 824000 429000 328816000 491824000 255206000 112337000 119569000 118152000 141766000 93241000 80512000 79622000 75441000 -18122000 -26462000 -14677000 4616000 6891000 3526000 324200000 484933000 251680000 4616000 6891000 3526000 18122000 26462000 14677000 22738000 33353000 18203000 0.99 0.01 0.03 <!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <table style="WIDTH: 100%; BORDER-COLLAPSE: collapse; FONT: 10pt Times New Roman, Times, Serif" cellspacing="0" cellpadding="0"> <tr style="VERTICAL-ALIGN: bottom"> <td style="BORDER-BOTTOM: black 1pt solid; FONT-STYLE: italic"> December 31,</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right; FONT-WEIGHT: bold" colspan="2">2012</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right" colspan="2">2011</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="VERTICAL-ALIGN: bottom"> <td>&nbsp;</td> <td>&nbsp;</td> <td colspan="2">&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: right" colspan="2">&nbsp;</td> <td>&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; WIDTH: 70%">Trade receivables</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">$</td> <td style="TEXT-ALIGN: right; WIDTH: 12%">44,143</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">$</td> <td style="TEXT-ALIGN: right; WIDTH: 12%">43,217</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left">Allowance for doubtful accounts</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">(300</td> <td style="TEXT-ALIGN: left">)</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">(185</td> <td style="TEXT-ALIGN: left">)</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">Allowance for discounts</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> (825</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">)</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> (807</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">)</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 43,018</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 42,225</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> </tr> </table> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <!--EndFragment--></div> </div> <!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif">&nbsp;</p> <table style="WIDTH: 100%; BORDER-COLLAPSE: collapse; FONT: 10pt Times New Roman, Times, Serif" cellspacing="0" cellpadding="0"> <tr style="VERTICAL-ALIGN: bottom"> <td style="BORDER-BOTTOM: black 1pt solid; FONT-STYLE: italic"> December 31,</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right; FONT-WEIGHT: bold" colspan="2">2012</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right" colspan="2">2011</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="VERTICAL-ALIGN: bottom"> <td>&nbsp;</td> <td>&nbsp;</td> <td colspan="2">&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: right" colspan="2">&nbsp;</td> <td>&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; WIDTH: 70%">Trade accounts payable</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">$</td> <td style="TEXT-ALIGN: right; WIDTH: 12%">13,387</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">$</td> <td style="TEXT-ALIGN: right; WIDTH: 12%">12,263</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">Accrued expenses</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 25,113</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 16,329</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 38,500</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 28,592</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> </tr> </table> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif">&nbsp;</p> <!--EndFragment--></div> </div> <!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <table style="WIDTH: 100%; BORDER-COLLAPSE: collapse; FONT: 10pt Times New Roman, Times, Serif" cellspacing="0" cellpadding="0"> <tr style="VERTICAL-ALIGN: bottom"> <td style="BORDER-BOTTOM: black 1pt solid; FONT-STYLE: italic"> Information for Pension Plans with an Accumulated Benefit<br /> Obligation in excess of plan assets</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right; FONT-WEIGHT: bold" colspan="2">2012</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right" colspan="2">2011</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; WIDTH: 70%">Projected benefit obligation</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">$</td> <td style="TEXT-ALIGN: right; WIDTH: 12%">85,516</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">$</td> <td style="TEXT-ALIGN: right; WIDTH: 12%">77,230</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left">Accumulated benefit obligation</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">$</td> <td style="TEXT-ALIGN: right">85,516</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">$</td> <td style="TEXT-ALIGN: right">77,230</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="PADDING-BOTTOM: 2.5pt">Fair value of plan assets</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 65,890</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 58,148</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> </tr> </table> <p style="MARGIN: 0px">&nbsp;</p> <!--EndFragment--></div> </div> <!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <table style="WIDTH: 100%; BORDER-COLLAPSE: collapse; FONT: 10pt Times New Roman, Times, Serif" cellspacing="0" cellpadding="0"> <tr style="VERTICAL-ALIGN: bottom"> <td style="BORDER-BOTTOM: black 1pt solid; FONT-STYLE: italic"> December 31,</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right; FONT-WEIGHT: bold" colspan="2">2012</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right" colspan="2">2011</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="VERTICAL-ALIGN: bottom"> <td>&nbsp;</td> <td>&nbsp;</td> <td colspan="2">&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: right" colspan="2">&nbsp;</td> <td>&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-WEIGHT: normal"> Pooled separate accounts:</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; TEXT-INDENT: 8.05pt">Equity securities:</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; TEXT-INDENT: 19.35pt; WIDTH: 70%">U.S. small cap equity funds</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">$</td> <td style="TEXT-ALIGN: right; WIDTH: 12%">7,637</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">$</td> <td style="TEXT-ALIGN: right; WIDTH: 12%">6,742</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; TEXT-INDENT: 19.35pt">U.S. mid-cap equity funds</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">18,626</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">16,037</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; TEXT-INDENT: 19.35pt">U.S. large-cap equity funds</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">5,848</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">5,236</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; TEXT-INDENT: 19.35pt">International equity funds</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">13,083</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">11,229</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; TEXT-INDENT: 19.35pt">Domestic real estate funds</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">3,640</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">3,136</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; TEXT-INDENT: 8.05pt">Fixed income securities:</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; TEXT-INDENT: 19.25pt; PADDING-LEFT: 0.1pt"> Corporate bond funds</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">16,510</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">15,459</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">Money market fund</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 546</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 309</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 65,890</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 58,148</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> </tr> </table> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <!--EndFragment--></div> </div> <!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <table style="WIDTH: 100%; BORDER-COLLAPSE: collapse; FONT: 10pt Times New Roman, Times, Serif" cellspacing="0" cellpadding="0"> <tr style="VERTICAL-ALIGN: bottom"> <td style="BORDER-BOTTOM: black 1pt solid; FONT-WEIGHT: bold"> Amounts Recognized on the Balance Sheet</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right; FONT-WEIGHT: bold" colspan="2">2012</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right" colspan="2">2011</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; WIDTH: 70%">Accrued benefit liability</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">$</td> <td style="TEXT-ALIGN: right; WIDTH: 12%">(19,626</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">)</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">$</td> <td style="TEXT-ALIGN: right; WIDTH: 12%">(19,082</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">)</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left">Accumulated other comprehensive loss, net of tax</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">29,620</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">27,543</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">Deferred tax asset</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 17,396</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 16,176</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 27,390</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 24,637</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> </tr> </table> <p style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <!--EndFragment--></div> </div> <!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <table style="WIDTH: 100%; BORDER-COLLAPSE: collapse; FONT: 10pt Times New Roman, Times, Serif" cellspacing="0" cellpadding="0"> <tr style="VERTICAL-ALIGN: bottom"> <td style="BORDER-BOTTOM: black 1pt solid; FONT-STYLE: italic"> Weighted Average Assumptions for the years ended December 31,</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right; FONT-WEIGHT: bold" colspan="2">2012</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right" colspan="2">2011</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; WIDTH: 70%">Discount rate</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: right; WIDTH: 12%">4.75</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">%</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: right; WIDTH: 12%">5.25</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">%</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left">Expected long-term return on plan assets</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">8.00</td> <td style="TEXT-ALIGN: left">%</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">8.00</td> <td style="TEXT-ALIGN: left">%</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">Rate of compensation increases</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; FONT: 10pt Times New Roman, Times, Serif; TEXT-ALIGN: right"> N/A</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; FONT: 10pt Times New Roman, Times, Serif; TEXT-ALIGN: right"> N/A</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> </tr> </table> <p style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <!--EndFragment--></div> </div> <!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif">&nbsp;</p> <table style="WIDTH: 100%; BORDER-COLLAPSE: collapse; FONT: 10pt Times New Roman, Times, Serif" cellspacing="0" cellpadding="0"> <tr style="VERTICAL-ALIGN: bottom"> <td style="BORDER-BOTTOM: black 1pt solid; FONT-STYLE: italic">Year ended December 31,</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right; FONT-WEIGHT: bold" colspan="2">2012</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right" colspan="2">2011</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right" colspan="2">2010</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="VERTICAL-ALIGN: bottom"> <td>&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: right" colspan="2">&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: right" colspan="2">&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td colspan="2">&nbsp;</td> <td>&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-INDENT: -0.1in; PADDING-LEFT: 0.1in"> Numerator:</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; TEXT-INDENT: -0.1in; PADDING-LEFT: 16.2pt; WIDTH: 64%"> Net income</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">$</td> <td style="TEXT-ALIGN: right; WIDTH: 9%">70,629</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">$</td> <td style="TEXT-ALIGN: right; WIDTH: 9%">40,015</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">$</td> <td style="TEXT-ALIGN: right; WIDTH: 9%">28,255</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-INDENT: -0.1in; PADDING-LEFT: 0.1in"> Denominator:</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-INDENT: -0.1in; PADDING-LEFT: 16.2pt">Weighted average number of common shares outstanding - Basic</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">19,160,849</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">18,919,489</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">19,032,557</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt; TEXT-INDENT: -0.1in; PADDING-LEFT: 16.2pt"> Dilutive effect of options and restricted stock units outstanding under the Company&#39;s employee compensation plans</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 474,392</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 232,909</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 266,636</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="PADDING-BOTTOM: 2.5pt; TEXT-INDENT: -0.1in; PADDING-LEFT: 0.1in"> Weighted average number of common shares outstanding - Diluted</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 19,635,241</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 19,152,398</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 19,299,193</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> </tr> </table> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif">&nbsp;</p> <!--EndFragment--></div> </div> <!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div> <table style="WIDTH: 100%; BORDER-COLLAPSE: collapse; FONT: 10pt Times New Roman, Times, Serif" cellspacing="0" cellpadding="0"><!--StartFragment--> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; FONT-WEIGHT: bold">Change in Plan Assets</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left">Fair value of plan assets at beginning of year</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">58,148</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">59,423</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left">Actual return on plan assets</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">7,619</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">(661</td> <td style="TEXT-ALIGN: left">)</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left">Employer contributions</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">3,156</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">2,156</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">Benefits paid</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> (3,033</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">)</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> (2,770</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">)</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">Fair value of plan assets at end of year</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 65,890</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 58,148</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td>&nbsp;</td> </tr> <!--EndFragment--></table> </div> </div> <!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div> <table style="WIDTH: 100%; BORDER-COLLAPSE: collapse; FONT: 10pt Times New Roman, Times, Serif" cellspacing="0" cellpadding="0"><!--StartFragment--> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; FONT-WEIGHT: bold">Change in Benefit Obligation</td> <td style="FONT-WEIGHT: bold">&nbsp;</td> <td style="TEXT-ALIGN: left; FONT-WEIGHT: bold">&nbsp;</td> <td style="TEXT-ALIGN: right; FONT-WEIGHT: bold">&nbsp;</td> <td style="TEXT-ALIGN: left; FONT-WEIGHT: bold">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; WIDTH: 70%">Benefit obligation at beginning of year</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">$</td> <td style="TEXT-ALIGN: right; WIDTH: 12%">77,230</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">$</td> <td style="TEXT-ALIGN: right; WIDTH: 12%">68,793</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left">Service cost</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">-</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">-</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left">Interest cost</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">3,574</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">3,545</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left">Actuarial loss</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">7,745</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">7,662</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">Benefits paid</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> (3,033</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">)</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> (2,770</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">)</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">Benefit obligation at end of year</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 85,516</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 77,230</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td>&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <!--EndFragment--></table> </div> </div> <!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <table style="WIDTH: 100%; BORDER-COLLAPSE: collapse; FONT: 10pt Times New Roman, Times, Serif" cellspacing="0" cellpadding="0"> <tr style="VERTICAL-ALIGN: bottom"> <td style="BORDER-BOTTOM: black 1pt solid; FONT-STYLE: italic"> December 31,</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right; FONT-WEIGHT: bold" colspan="2">2012</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right" colspan="2">2011</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; FONT-WEIGHT: bold">Deferred tax assets:</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; PADDING-LEFT: 9pt; WIDTH: 76%">Product liability</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">$</td> <td style="TEXT-ALIGN: right; WIDTH: 9%">391</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">$</td> <td style="TEXT-ALIGN: right; WIDTH: 9%">646</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; PADDING-LEFT: 9pt">Employee compensation and benefits</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">3,343</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">3,374</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; PADDING-LEFT: 9pt">Allowances for doubtful accounts and discounts</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">1,123</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">1,625</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="PADDING-LEFT: 9pt">Inventories</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">688</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">533</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; PADDING-LEFT: 9pt">Additional minimum pension liability</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">17,396</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">16,176</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="PADDING-LEFT: 9pt">Stock-based compensation</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">2,116</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">1,089</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="PADDING-BOTTOM: 1pt; PADDING-LEFT: 9pt">Other</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 859</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 259</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">Total deferred tax assets</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 25,916</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 23,702</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; FONT-WEIGHT: bold">Deferred tax liabilities:</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; PADDING-LEFT: 9pt">Pension plans</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">10,205</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">9,217</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="PADDING-LEFT: 9pt">Depreciation</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">8,069</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">8,401</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="PADDING-BOTTOM: 1pt; PADDING-LEFT: 9pt">Other</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 354</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 276</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">Total deferred tax liabilities</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 18,628</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 17,894</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">Net deferred tax assets</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 7,288</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 5,808</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> </tr> </table> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <!--EndFragment--></div> </div> <!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <table style="WIDTH: 100%; BORDER-COLLAPSE: collapse; FONT: 10pt Times New Roman, Times, Serif" cellspacing="0" cellpadding="0"> <tr style="VERTICAL-ALIGN: bottom"> <td style="BORDER-BOTTOM: black 1pt solid; FONT-STYLE: italic"> Pension Weighted Average Asset Allocations as of December 31,</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right; FONT-WEIGHT: bold" colspan="2">2012</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right" colspan="2">2011</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; WIDTH: 70%">Debt securities</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: right; WIDTH: 12%">25</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">%</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: right; WIDTH: 12%">27</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">%</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left">Equity securities</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">69</td> <td style="TEXT-ALIGN: left">%</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">67</td> <td style="TEXT-ALIGN: left">%</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left">Real estate</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">5</td> <td style="TEXT-ALIGN: left">%</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">5</td> <td style="TEXT-ALIGN: left">%</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">Money market funds</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 1</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">%</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 1</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">%</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 100</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">%</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 100</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">%</td> </tr> </table> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <!--EndFragment--></div> </div> <!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <table style="WIDTH: 100%; BORDER-COLLAPSE: collapse; FONT: 10pt Times New Roman, Times, Serif" cellspacing="0" cellpadding="0"> <tr style="VERTICAL-ALIGN: bottom"> <td style="BORDER-BOTTOM: black 1pt solid; FONT-STYLE: italic">Year ended December 31,</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right; FONT-WEIGHT: bold" colspan="2">2012</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right" colspan="2">2011</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right" colspan="2">2010</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; TEXT-INDENT: -13.75pt; PADDING-LEFT: 13.75pt; WIDTH: 64%"> Statutory federal income tax rate</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: right; WIDTH: 9%">35.0</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">%</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: right; WIDTH: 9%">35.0</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">%</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: right; WIDTH: 9%">35.0</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">%</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; TEXT-INDENT: -13.75pt; PADDING-LEFT: 13.75pt"> State income taxes, net of federal tax benefit</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">4.0</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">4.3</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">4.6</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; TEXT-INDENT: -13.75pt; PADDING-LEFT: 13.75pt"> Domestic production activities deduction</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">(3.0</td> <td style="TEXT-ALIGN: left">)</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">(1.8</td> <td style="TEXT-ALIGN: left">)</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">(2.7</td> <td style="TEXT-ALIGN: left">)</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt; TEXT-INDENT: -13.75pt; PADDING-LEFT: 13.75pt"> Other items</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 1.0</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> (0.5</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">)</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> (0.9</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">)</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt; TEXT-INDENT: -13.75pt; PADDING-LEFT: 13.75pt"> Effective income tax rate</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 37.0</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">%</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 37.0</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">%</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 36.0</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">%</td> </tr> </table> <p style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <!--EndFragment--></div> </div> <!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <table style="WIDTH: 100%; BORDER-COLLAPSE: collapse; FONT: 10pt Times New Roman, Times, Serif" cellspacing="0" cellpadding="0"> <tr style="VERTICAL-ALIGN: bottom"> <td style="BORDER-BOTTOM: black 1pt solid; FONT-STYLE: italic">Year ended December 31,</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center; FONT-WEIGHT: bold" colspan="6">2012</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center" colspan="6">2011</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center" colspan="6">2010</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="VERTICAL-ALIGN: bottom"> <td>&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right" colspan="2">Current</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right" colspan="2">Deferred</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right" colspan="2">Current</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right" colspan="2">Deferred</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right" colspan="2">Current</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right" colspan="2">Deferred</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="WIDTH: 28%">Federal</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">$</td> <td style="TEXT-ALIGN: right; WIDTH: 9%">34,941</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">$</td> <td style="TEXT-ALIGN: right; WIDTH: 9%">(327</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">)</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">$</td> <td style="TEXT-ALIGN: right; WIDTH: 9%">11,371</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">$</td> <td style="TEXT-ALIGN: right; WIDTH: 9%">7,948</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">$</td> <td style="TEXT-ALIGN: right; WIDTH: 9%">11,675</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">$</td> <td style="TEXT-ALIGN: right; WIDTH: 9%">1,112</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="PADDING-BOTTOM: 1pt">State</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 6,635</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 231</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 3,926</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 256</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 2,814</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 293</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 41,576</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> (96</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">)</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 15,297</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 8,204</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 14,489</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 1,405</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> </tr> </table> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <!--EndFragment--></div> </div> <!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <table style="WIDTH: 100%; BORDER-COLLAPSE: collapse; FONT: 10pt Times New Roman, Times, Serif" cellspacing="0" cellpadding="0"> <tr style="VERTICAL-ALIGN: bottom"> <td style="BORDER-BOTTOM: black 1pt solid; FONT-STYLE: italic"> December 31,</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right; FONT-WEIGHT: bold" colspan="2">2012</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right" colspan="2">2011</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="VERTICAL-ALIGN: bottom"> <td>&nbsp;</td> <td>&nbsp;</td> <td colspan="2">&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: right" colspan="2">&nbsp;</td> <td>&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; WIDTH: 70%">Finished goods</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">$</td> <td style="TEXT-ALIGN: right; WIDTH: 12%">3,615</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">$</td> <td style="TEXT-ALIGN: right; WIDTH: 12%">4,071</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">Materials and products in process</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 50,483</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 43,622</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td>&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">54,098</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">47,693</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">Adjustment of inventories to a LIFO basis</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> (38,089</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">)</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> (37,476</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">)</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 16,009</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 10,217</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> </tr> </table> <p style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif">&nbsp;</p> <!-- Field: Page; Sequence: 53; Value: 2 --> <!--EndFragment--></div> </div> <!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <table style="WIDTH: 100%; BORDER-COLLAPSE: collapse; FONT: 10pt Times New Roman, Times, Serif" cellspacing="0" cellpadding="0"> <tr style="VERTICAL-ALIGN: bottom"> <td style="BORDER-BOTTOM: black 1pt solid; FONT-WEIGHT: bold"> Components of Net Periodic Pension Cost</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right; FONT-WEIGHT: bold" colspan="2">2012</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right" colspan="2">2011</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left">Service cost</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">$</td> <td style="TEXT-ALIGN: right">-</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">$</td> <td style="TEXT-ALIGN: right">-</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; WIDTH: 70%">Interest cost</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: right; WIDTH: 12%">3,574</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: right; WIDTH: 12%">3,545</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left">Expected return on assets</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">(4,650</td> <td style="TEXT-ALIGN: left">)</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">(4,738</td> <td style="TEXT-ALIGN: left">)</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left">Recognized gains</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">1,481</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">1,034</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">Prior service cost recognized</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> -</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> -</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">Net periodic pension cost</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 405</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> (159</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">)</td> </tr> </table> <p style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <!--EndFragment--></div> </div> <!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <table style="WIDTH: 100%; BORDER-COLLAPSE: collapse; FONT: 10pt Times New Roman, Times, Serif" cellspacing="0" cellpadding="0"> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; FONT-WEIGHT: bold">Funded Status</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left">Funded status</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">(19,626</td> <td style="TEXT-ALIGN: left">)</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">(19,082</td> <td style="TEXT-ALIGN: left">)</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left">Unrecognized net actuarial loss</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">47,016</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">43,719</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">Unrecognized prior service cost</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> -</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> -</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">Net amount recognized</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 27,390</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 24,637</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> </tr> </table> <p style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <!--EndFragment--></div> </div> <!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <table style="WIDTH: 100%; BORDER-COLLAPSE: collapse; FONT: 10pt Times New Roman, Times, Serif" cellspacing="0" cellpadding="0"> <tr style="VERTICAL-ALIGN: bottom"> <td style="BORDER-BOTTOM: black 1pt solid; FONT-STYLE: italic"> December 31,</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right; FONT-WEIGHT: bold" colspan="2">2012</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right" colspan="2">2011</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="VERTICAL-ALIGN: bottom"> <td>&nbsp;</td> <td>&nbsp;</td> <td colspan="2">&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: right" colspan="2">&nbsp;</td> <td>&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; WIDTH: 70%">Patents, at cost</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">$</td> <td style="TEXT-ALIGN: right; WIDTH: 12%">5,021</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">$</td> <td style="TEXT-ALIGN: right; WIDTH: 12%">4,900</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; PADDING-LEFT: 9pt">Accumulated amortization</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">(2,826</td> <td style="TEXT-ALIGN: left">)</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">(2,583</td> <td style="TEXT-ALIGN: left">)</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left">Deposits on capital items</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">3,934</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">1,618</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left">Software development costs, at cost</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">2,057</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">2,057</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; PADDING-LEFT: 9pt">Accumulated amortization</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">(498</td> <td style="TEXT-ALIGN: left">)</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">(146</td> <td style="TEXT-ALIGN: left">)</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left">Investment in equity securities, carried at cost</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">125</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">969</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left">Investment in equity securities, equity method</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">1,206</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">-</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="PADDING-BOTTOM: 1pt">Other</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 549</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 474</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 9,568</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 7,289</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> </tr> </table> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif">&nbsp;</p> <!--EndFragment--></div> </div> <!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: bold 10pt Times New Roman, Times, Serif"> Balance Sheet Roll-forward for Product Liability Reserve</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <table style="WIDTH: 80%; BORDER-COLLAPSE: collapse; FONT: 10pt Times New Roman, Times, Serif; MARGIN-LEFT: 0.5in" cellspacing="0" cellpadding="0"> <tr style="VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: justify; FONT-WEIGHT: bold">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="TEXT-ALIGN: center" colspan="2">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="TEXT-ALIGN: center" colspan="2">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center" colspan="6">Cash Payments</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="TEXT-ALIGN: center" colspan="2">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: justify; FONT-WEIGHT: bold">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center" colspan="2"> <p style="TEXT-ALIGN: center; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> Balance</p> <p style="TEXT-ALIGN: center; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> Beginning</p> <p style="TEXT-ALIGN: center; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> of Year (a<strong>)</strong></p> </td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center" colspan="2">Accrued<br /> Legal<br /> Expense<br /> (Income)<br /> (b)</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center" colspan="2">Legal Fees<br /> (c)</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center" colspan="2">Settlements<br /> (d)</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center" colspan="2">Balance End<br /> of Year (a)</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: justify">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: justify" colspan="2">&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: justify" colspan="2">&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: justify" colspan="2">&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: justify" colspan="2">&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: justify" colspan="2">&nbsp;</td> <td>&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: justify; WIDTH: 35%">2010</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: right; WIDTH: 10%">2,082</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: right; WIDTH: 10%">(834</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">)</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: right; WIDTH: 10%">(64</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">)</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: right; WIDTH: 10%">(162</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">)</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: right; WIDTH: 10%">1,022</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: justify">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: justify">2011</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">1,022</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">755</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">(31</td> <td style="TEXT-ALIGN: left">)</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">-</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">1,746</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: justify">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: justify">2012</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">1,746</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">(633</td> <td style="TEXT-ALIGN: left">)</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">(52</td> <td style="TEXT-ALIGN: left">)</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">(4</td> <td style="TEXT-ALIGN: left">)</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">1,057</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> </table> <p style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> <strong>Notes</strong></p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <table style="MARGIN-TOP: 0pt; FONT: 10pt Times New Roman, Times, Serif; MARGIN-BOTTOM: 0pt" cellspacing="0" cellpadding="0" width="100%"> <tr style="VERTICAL-ALIGN: top"> <td style="WIDTH: 0px">&nbsp;</td> <td style="WIDTH: 0.5in">(a)</td> <td style="TEXT-ALIGN: justify">The beginning and ending liability balances represent accrued legal fees only. Settlements and administrative costs are expensed as incurred. Only in rare instances is an accrual established for settlements.</td> </tr> </table> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <table style="MARGIN-TOP: 0pt; FONT: 10pt Times New Roman, Times, Serif; MARGIN-BOTTOM: 0pt" cellspacing="0" cellpadding="0" width="100%"> <tr style="VERTICAL-ALIGN: top"> <td style="WIDTH: 0px">&nbsp;</td> <td style="WIDTH: 0.5in">(b)</td> <td style="TEXT-ALIGN: justify">The expense accrued in the liability is for legal fees only. In 2010 and 2012, the costs incurred related to cases that were settled or dismissed were less than the amounts accrued for these cases in prior years.</td> </tr> </table> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <table style="MARGIN-TOP: 0pt; WIDTH: 100%; FONT: 10pt Times New Roman, Times, Serif; MARGIN-BOTTOM: 0pt" cellspacing="0" cellpadding="0"> <tr style="TEXT-ALIGN: justify; VERTICAL-ALIGN: top"> <td style="WIDTH: 0px">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 0.5in">(c)</td> <td style="TEXT-ALIGN: justify">Legal fees represent payments to outside counsel related to product liability matters.</td> </tr> </table> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <table style="MARGIN-TOP: 0pt; FONT: 10pt Times New Roman, Times, Serif; MARGIN-BOTTOM: 0pt" cellspacing="0" cellpadding="0" width="100%"> <tr style="VERTICAL-ALIGN: top"> <td style="WIDTH: 0px">&nbsp;</td> <td style="WIDTH: 0.5in">(d)</td> <td style="TEXT-ALIGN: justify">Settlements represent payments made to plaintiffs or allegedly injured parties in exchange for a full and complete release of liability.</td> </tr> </table> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <table style="MARGIN-TOP: 0px; FONT: 10pt Times New Roman, Times, Serif; MARGIN-BOTTOM: 0px" cellspacing="0" cellpadding="0"> <tr style="TEXT-ALIGN: justify; VERTICAL-ALIGN: top"> <td style="WIDTH: 0px">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 0.5in">(e)</td> <td style="TEXT-ALIGN: justify">Insurance expense represents the cost of insurance premiums.</td> </tr> </table> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <!--EndFragment--></div> </div> <!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <table style="WIDTH: 95%; BORDER-COLLAPSE: collapse; FONT: 10pt Times New Roman, Times, Serif" cellspacing="0" cellpadding="0" align="center"> <tr style="VERTICAL-ALIGN: bottom"> <td style="FONT-WEIGHT: bold">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center; FONT-WEIGHT: bold" colspan="14">Three Months Ended</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> </tr> <tr style="VERTICAL-ALIGN: bottom"> <td style="FONT-WEIGHT: bold">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right; FONT-WEIGHT: bold" colspan="2">3/31/12</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right; FONT-WEIGHT: bold" colspan="2">6/30/12</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right; FONT-WEIGHT: bold" colspan="2">9/29/12</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right; FONT-WEIGHT: bold" colspan="2">12/31/12</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-WEIGHT: normal"> Net Sales</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">$</td> <td style="TEXT-ALIGN: right">112,337</td> <td>&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">$</td> <td style="TEXT-ALIGN: right">119,569</td> <td>&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">$</td> <td style="TEXT-ALIGN: right">118,152</td> <td>&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">$</td> <td style="TEXT-ALIGN: right">141,766</td> <td>&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; TEXT-INDENT: 0.5pt; WIDTH: 48%">Gross profit</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: right; WIDTH: 10%">41,793</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: right; WIDTH: 10%">45,134</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: right; WIDTH: 10%">42,565</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: right; WIDTH: 10%">49,461</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; TEXT-INDENT: 0.5pt">Net income</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">15,480</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">18,014</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">17,349</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">19,786</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-INDENT: 0.5pt">Basic earnings per share</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">0.81</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">0.94</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">0.91</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">1.03</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-INDENT: 0.5pt">Diluted earnings per share</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">$</td> <td style="TEXT-ALIGN: right">0.79</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">$</td> <td style="TEXT-ALIGN: right">0.91</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">$</td> <td style="TEXT-ALIGN: right">0.88</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">$</td> <td style="TEXT-ALIGN: right">1.00</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> </table> <p style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <table style="WIDTH: 95%; BORDER-COLLAPSE: collapse; FONT: 10pt Times New Roman, Times, Serif" cellspacing="0" cellpadding="0" align="center"> <tr style="VERTICAL-ALIGN: bottom"> <td style="FONT-WEIGHT: bold">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center" colspan="14">Three Months Ended</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="VERTICAL-ALIGN: bottom"> <td style="FONT-WEIGHT: bold">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right" colspan="2">4/02/11</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right" colspan="2">7/02/11</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right" colspan="2">10/01/11</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right" colspan="2">12/31/11</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; WIDTH: 48%; FONT-WEIGHT: normal"> Net Sales</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">$</td> <td style="TEXT-ALIGN: right; WIDTH: 10%">75,441</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">$</td> <td style="TEXT-ALIGN: right; WIDTH: 10%">79,622</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">$</td> <td style="TEXT-ALIGN: right; WIDTH: 10%">80,512</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">$</td> <td style="TEXT-ALIGN: right; WIDTH: 10%">93,241</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left">Gross profit</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">23,995</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">28,465</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">29,127</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">30,172</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left">Net income</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">7,947</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">10,813</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">10,737</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">10,518</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td>Basic earnings per share</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">0.42</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">0.57</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">0.57</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">0.55</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td>Diluted earnings per share</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">$</td> <td style="TEXT-ALIGN: right">0.42</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">$</td> <td style="TEXT-ALIGN: right">0.56</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">$</td> <td style="TEXT-ALIGN: right">0.56</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">$</td> <td style="TEXT-ALIGN: right">0.54</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> </table> <p style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <!--EndFragment--></div> </div> <!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <table style="WIDTH: 90%; BORDER-COLLAPSE: collapse; FONT: 10pt Times New Roman, Times, Serif" cellspacing="0" cellpadding="0" align="center"> <tr style="VERTICAL-ALIGN: bottom"> <td style="BORDER-BOTTOM: black 1pt solid; FONT-STYLE: italic">Year ended December 31,</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right; FONT-WEIGHT: bold" colspan="2">2012</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right" colspan="2">2011</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right" colspan="2">2010</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-WEIGHT: normal"> Net Sales</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="PADDING-LEFT: 9pt; WIDTH: 61%">Firearms</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">$</td> <td style="TEXT-ALIGN: right; WIDTH: 10%">484,933</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">$</td> <td style="TEXT-ALIGN: right; WIDTH: 10%">324,200</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">$</td> <td style="TEXT-ALIGN: right; WIDTH: 10%">251,680</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="PADDING-LEFT: 9pt">Castings</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="PADDING-LEFT: 0.25in">Unaffiliated</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">6,891</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">4,616</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">3,526</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="PADDING-BOTTOM: 1pt; PADDING-LEFT: 0.25in"> Intersegment</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 26,462</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 18,122</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 14,677</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td>&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">33,353</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">22,738</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">18,203</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="PADDING-BOTTOM: 1pt; PADDING-LEFT: 9pt"> Eliminations</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> (26,462</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">)</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> (18,122</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">)</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> (14,677</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">)</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 491,824</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 328,816</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 255,206</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left">Income (Loss) Before Income Taxes</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="PADDING-LEFT: 9pt">Firearms</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">$</td> <td style="TEXT-ALIGN: right">113,660</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">$</td> <td style="TEXT-ALIGN: right">66,484</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">$</td> <td style="TEXT-ALIGN: right">48,160</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="PADDING-LEFT: 9pt">Castings</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">(1,858</td> <td style="TEXT-ALIGN: left">)</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">(2,254</td> <td style="TEXT-ALIGN: left">)</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">(1,637</td> <td style="TEXT-ALIGN: left">)</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="PADDING-BOTTOM: 1pt; PADDING-LEFT: 9pt">Corporate</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 307</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> (714</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">)</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> (2,374</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">)</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 112,109</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 63,516</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 44,149</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left">Identifiable Assets</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="PADDING-LEFT: 9pt">Firearms</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">$</td> <td style="TEXT-ALIGN: right">120,879</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">$</td> <td style="TEXT-ALIGN: right">103,545</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">$</td> <td style="TEXT-ALIGN: right">82,179</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="PADDING-LEFT: 9pt">Castings</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">6,467</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">5,290</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">4,683</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="PADDING-BOTTOM: 1pt; PADDING-LEFT: 9pt">Corporate</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 47,140</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 97,675</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 70,899</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 174,486</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 206,510</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 157,761</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td>Depreciation</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="PADDING-LEFT: 9pt">Firearms</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">$</td> <td style="TEXT-ALIGN: right">13,413</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">$</td> <td style="TEXT-ALIGN: right">11,373</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">$</td> <td style="TEXT-ALIGN: right">8,502</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="PADDING-BOTTOM: 1pt; PADDING-LEFT: 9pt">Castings</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 823</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 775</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 705</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 14,236</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 12,148</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 9,207</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left">Capital Expenditures</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="PADDING-LEFT: 9pt">Firearms</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">$</td> <td style="TEXT-ALIGN: right">26,773</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">$</td> <td style="TEXT-ALIGN: right">20,719</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">$</td> <td style="TEXT-ALIGN: right">18,904</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="PADDING-BOTTOM: 1pt; PADDING-LEFT: 9pt">Castings</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 509</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 1,416</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 505</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 27,282</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 22,135</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 19,409</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> </tr> </table> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <!--EndFragment--></div> </div> <!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <table style="WIDTH: 100%; BORDER-COLLAPSE: collapse; FONT: 10pt Times New Roman, Times, Serif" cellspacing="0" cellpadding="0"> <tr style="VERTICAL-ALIGN: bottom"> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center" colspan="2"><br /> Average<br /> Exercise Price</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center" colspan="2">Weighted<br /> Average<br /> Grant Date<br /> Fair Value</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center" colspan="2">Weighted<br /> Average<br /> Remaining<br /> Contractual<br /> Life (Years)</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="WIDTH: 48%">Outstanding at December 31, 2009</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: right; WIDTH: 10%">1,498,150</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">$</td> <td style="TEXT-ALIGN: right; WIDTH: 10%">9.00</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">$</td> <td style="TEXT-ALIGN: right; WIDTH: 10%">4.13</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: right; WIDTH: 10%">7.1</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="PADDING-LEFT: 9pt">Granted</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">40,000</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">9.70</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">4.80</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">9.0</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="PADDING-LEFT: 9pt">Exercised</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">(366,000</td> <td style="TEXT-ALIGN: left">)</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">8.11</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">3.15</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">4.5</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="PADDING-BOTTOM: 1pt; PADDING-LEFT: 9pt">Canceled</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> -</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> -</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> -</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> -</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td>Outstanding at December 31, 2010</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">1,172,150</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">9.30</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">4.46</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">6.7</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="PADDING-LEFT: 9pt">Granted</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">-</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">-</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">-</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">-</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="PADDING-LEFT: 9pt">Exercised</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">(843,450</td> <td style="TEXT-ALIGN: left">)</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">9.58</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">4.48</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">5.0</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="PADDING-BOTTOM: 1pt; PADDING-LEFT: 9pt">Canceled</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> -</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> -</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> -</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> -</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td>Outstanding at December 31, 2011</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">328,700</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">8.58</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">4.42</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">6.2</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="PADDING-LEFT: 9pt">Granted</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">9,830</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">8.59</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">32.57</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">5.6</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="PADDING-LEFT: 9pt">Exercised</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">(217,820</td> <td style="TEXT-ALIGN: left">)</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">7.92</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">4.40</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">4.8</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="PADDING-BOTTOM: 1pt; PADDING-LEFT: 9pt">Canceled</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> (250</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">)</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 8.69</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 4.57</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 6.3</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="PADDING-BOTTOM: 1pt">Outstanding at December 31, 2012</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 120,460</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 8.58</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 6.76</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 5.7</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">Exercisable Options Outstanding at December 31, 2012</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 52,583</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 8.65</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 6.97</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 5.4</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="PADDING-BOTTOM: 2.5pt">Non-Vested Options Outstanding at December 31, 2012</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 67,877</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 9.22</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 6.81</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 5.6</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> </tr> </table> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <!--EndFragment--></div> </div> <!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <table style="WIDTH: 90%; BORDER-COLLAPSE: collapse; FONT: 10pt Times New Roman, Times, Serif" cellspacing="0" cellpadding="0" align="center"> <tr style="VERTICAL-ALIGN: bottom"> <td>&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right" colspan="2">2012</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right" colspan="2">2010</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; WIDTH: 70%">Dividend yield</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: right; WIDTH: 12%">2.9</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">%</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: right; WIDTH: 12%">0.0</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">%</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; TEXT-INDENT: -36.9pt; PADDING-LEFT: 0.5in"> Expected volatility</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">44.2</td> <td style="TEXT-ALIGN: left">%</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">40.0</td> <td style="TEXT-ALIGN: left">%</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left">Risk free rate of return</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">4.0</td> <td style="TEXT-ALIGN: left">%</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">4.0</td> <td style="TEXT-ALIGN: left">%</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left">Expected lives</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="FONT: 10pt Times New Roman, Times, Serif; TEXT-ALIGN: right"> 2.9 years</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="FONT: 10pt Times New Roman, Times, Serif; TEXT-ALIGN: right"> 6.7 years</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> </table> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <!--EndFragment--></div> </div> <!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <table style="WIDTH: 100%; BORDER-COLLAPSE: collapse; FONT: 10pt Times New Roman, Times, Serif" cellspacing="0" cellpadding="0"> <tr style="VERTICAL-ALIGN: bottom"> <td style="BORDER-BOTTOM: black 1pt solid">Period</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center" colspan="2">Total<br /> Number of<br /> Shares<br /> Purchased</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center" colspan="2">Average<br /> Price Paid<br /> per Share</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center" colspan="2">Total<br /> Number of<br /> Shares<br /> Purchased as<br /> Part of<br /> Publicly<br /> Announced<br /> Program</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center" colspan="2">Maximum<br /> Dollar Value<br /> of Shares that<br /> May Yet Be<br /> Purchased<br /> Under the<br /> Program</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="WIDTH: 52%">8/3/10-8/31/10</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: right; WIDTH: 9%">339,000</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">$</td> <td style="TEXT-ALIGN: right; WIDTH: 9%">14.08</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: right; WIDTH: 9%">339,000</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: right; WIDTH: 9%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td>9/1/10-9/22/10</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">73,000</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">$</td> <td style="TEXT-ALIGN: right">12.92</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">73,000</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="PADDING-BOTTOM: 1pt">1/4/11-1/29/11</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 133,400</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left">$</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 14.94</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 133,400</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> &nbsp;</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="PADDING-BOTTOM: 2.5pt">Total</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 545,400</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 14.15</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 545,400</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 8,000,000</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> </tr> </table> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <!--EndFragment--></div> </div> <!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <p style="TEXT-ALIGN: center; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> Sturm, Ruger &amp; Company, Inc.</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: center; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> Item 15(a)-Financial Statement Schedule</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: center; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> Schedule II-Valuation and Qualifying Accounts</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: center; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> <em>(In Thousands)</em></p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <table style="WIDTH: 100%; BORDER-COLLAPSE: collapse; FONT: 10pt Times New Roman, Times, Serif" cellspacing="0" cellpadding="0"> <tr style="VERTICAL-ALIGN: bottom"> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center">COL. A</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center" colspan="2">COL. B</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center" colspan="6">COL. C</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center" colspan="2">COL. D</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center" colspan="2">COL. E</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: center">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="TEXT-ALIGN: center" colspan="2">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center" colspan="6">ADDITIONS</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="TEXT-ALIGN: center" colspan="2">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="TEXT-ALIGN: center" colspan="2">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="VERTICAL-ALIGN: bottom"> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center"> Description</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center" colspan="2">Balance at<br /> Beginning<br /> of Period</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center" colspan="2">(1)<br /> Charged<br /> (Credited) to<br /> Costs and<br /> Expenses</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center" colspan="2">(2)<br /> Charged to<br /> Other<br /> Accounts<br /> -Describe</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center" colspan="2">Deductions</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center" colspan="2">Balance<br /> at End<br /> of Period</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="VERTICAL-ALIGN: bottom"> <td>&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: justify" colspan="2">&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: justify" colspan="2">&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: justify" colspan="2">&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: justify" colspan="2">&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: justify" colspan="2">&nbsp;</td> <td>&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; TEXT-INDENT: -0.1in; PADDING-LEFT: 0.1in; WIDTH: 40%"> Deductions from asset accounts:</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: right; WIDTH: 9%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: right; WIDTH: 9%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: right; WIDTH: 9%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: right; WIDTH: 9%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: right; WIDTH: 9%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; TEXT-INDENT: -0.1in; PADDING-LEFT: 16.2pt"> Allowance for doubtful accounts:</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="PADDING-BOTTOM: 1pt; TEXT-INDENT: -0.1in; PADDING-LEFT: 0.35in"> Year ended December 31, 2012</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left">$</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 185</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left">$</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 115</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left">$</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 300</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="PADDING-BOTTOM: 1pt; TEXT-INDENT: -0.1in; PADDING-LEFT: 0.35in"> Year ended December 31, 2011</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left">$</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 277</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left">$</td> <td style="BORDER-BOTTOM: black 1pt solid; FONT: 10pt Times New Roman, Times, Serif; TEXT-ALIGN: right"> 92</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">(a)</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left">$</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 185</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="PADDING-BOTTOM: 1pt; TEXT-INDENT: -0.1in; PADDING-LEFT: 0.35in"> Year ended December 31, 2010</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left">$</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 209</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left">$</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 68</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left">$</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 277</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-INDENT: -0.1in; PADDING-LEFT: 0.1in">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; TEXT-INDENT: -0.1in; PADDING-LEFT: 16.2pt"> Allowance for discounts:</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="PADDING-BOTTOM: 1pt; TEXT-INDENT: -0.1in; PADDING-LEFT: 0.35in"> Year ended December 31, 2012</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left">$</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 807</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left">$</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 10,679</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left">$</td> <td style="BORDER-BOTTOM: black 1pt solid; FONT: 10pt Times New Roman, Times, Serif; TEXT-ALIGN: right"> 10,661</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">(b)</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left">$</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 825</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="PADDING-BOTTOM: 1pt; TEXT-INDENT: -0.1in; PADDING-LEFT: 0.35in"> Year ended December 31, 2011</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left">$</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 627</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left">$</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 6,148</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left">$</td> <td style="BORDER-BOTTOM: black 1pt solid; FONT: 10pt Times New Roman, Times, Serif; TEXT-ALIGN: right"> 5,968</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">(b)</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left">$</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 807</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="PADDING-BOTTOM: 1pt; TEXT-INDENT: -0.1in; PADDING-LEFT: 0.35in"> Year ended December 31, 2010</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left">$</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 492</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left">$</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 5,520</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left">$</td> <td style="BORDER-BOTTOM: black 1pt solid; FONT: 10pt Times New Roman, Times, Serif; TEXT-ALIGN: right"> 5,385</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">(b)</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left">$</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 627</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-INDENT: -0.1in; PADDING-LEFT: 0.1in">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; TEXT-INDENT: -0.1in; PADDING-LEFT: 16.2pt"> Excess and obsolete inventory reserve:</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="PADDING-BOTTOM: 1pt; TEXT-INDENT: -0.1in; PADDING-LEFT: 0.35in"> Year ended December 31, 2012</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left">$</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 1,311</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left">$</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 761</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left">$</td> <td style="BORDER-BOTTOM: black 1pt solid; FONT: 10pt Times New Roman, Times, Serif; TEXT-ALIGN: right"> 343</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">(c)</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left">$</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 1,729</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="PADDING-BOTTOM: 1pt; TEXT-INDENT: -0.1in; PADDING-LEFT: 0.35in"> Year ended December 31, 2011</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left">$</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 1,545</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left">$</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> (234</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">)</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left">$</td> <td style="BORDER-BOTTOM: black 1pt solid; FONT: 10pt Times New Roman, Times, Serif; TEXT-ALIGN: right"> 0</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">(c)</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left">$</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 1,311</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="PADDING-BOTTOM: 1pt; TEXT-INDENT: -0.1in; PADDING-LEFT: 0.35in"> Year ended December 31, 2010</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left">$</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 2,727</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left">$</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> (1,057</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">)</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left">$</td> <td style="BORDER-BOTTOM: black 1pt solid; FONT: 10pt Times New Roman, Times, Serif; TEXT-ALIGN: right"> 125</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">(c)</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left">$</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 1,545</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> </table> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <table style="MARGIN-TOP: 0pt; FONT: 10pt Times New Roman, Times, Serif; MARGIN-BOTTOM: 0pt" cellspacing="0" cellpadding="0" width="100%"> <tr style="VERTICAL-ALIGN: top"> <td style="WIDTH: 0px">&nbsp;</td> <td style="WIDTH: 27pt">(a)</td> <td style="TEXT-ALIGN: justify">Accounts written off</td> </tr> </table> <table style="MARGIN-TOP: 0pt; FONT: 10pt Times New Roman, Times, Serif; MARGIN-BOTTOM: 0pt" cellspacing="0" cellpadding="0" width="100%"> <tr style="VERTICAL-ALIGN: top"> <td style="WIDTH: 0px">&nbsp;</td> <td style="WIDTH: 27pt">(b)</td> <td style="TEXT-ALIGN: justify">Discounts taken</td> </tr> </table> <table style="MARGIN-TOP: 0pt; FONT: 10pt Times New Roman, Times, Serif; MARGIN-BOTTOM: 0pt" cellspacing="0" cellpadding="0" width="100%"> <tr style="VERTICAL-ALIGN: top"> <td style="WIDTH: 0px">&nbsp;</td> <td style="WIDTH: 27pt">(c)</td> <td style="TEXT-ALIGN: justify">Inventory written off</td> </tr> </table> <!--EndFragment--></div> </div> <!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <table style="MARGIN-TOP: 0px; FONT: 10pt Times New Roman, Times, Serif; MARGIN-BOTTOM: 0px" cellspacing="0" cellpadding="0"> <tr style="TEXT-ALIGN: justify; VERTICAL-ALIGN: top"> <td style="TEXT-ALIGN: left; WIDTH: 0.5in"> <strong>14.</strong></td> <td style="TEXT-ALIGN: justify"><strong>Operating Segment Information</strong></td> </tr> </table> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif">&nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> The Company has two reportable operating segments: firearms and investment castings. The firearms segment manufactures and sells rifles, pistols, and revolvers principally to a number of federally-licensed, independent wholesale distributors primarily located in the United States. The investment castings segment manufactures and sells steel investment castings.</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> Corporate segment income relates to interest income on short-term investments, the sale of non-operating assets, and other non-operating activities. Corporate segment assets consist of cash and short-term investments and other non-operating assets.</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> The Company evaluates performance and allocates resources, in part, based on profit and loss before taxes. The accounting policies of the reportable segments are the same as those described in the summary of significant accounting policies (see Note 1). Intersegment sales are recorded at the Company&#39;s cost plus a fixed profit percentage.</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <table style="WIDTH: 90%; BORDER-COLLAPSE: collapse; FONT: 10pt Times New Roman, Times, Serif" cellspacing="0" cellpadding="0" align="center"> <tr style="VERTICAL-ALIGN: bottom"> <td style="BORDER-BOTTOM: black 1pt solid; FONT-STYLE: italic">Year ended December 31,</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right; FONT-WEIGHT: bold" colspan="2">2012</td> <td style="PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right" colspan="2">2011</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right" colspan="2">2010</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-WEIGHT: normal"> Net Sales</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="PADDING-LEFT: 9pt; WIDTH: 61%">Firearms</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">$</td> <td style="TEXT-ALIGN: right; WIDTH: 10%">484,933</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">$</td> <td style="TEXT-ALIGN: right; WIDTH: 10%">324,200</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">$</td> <td style="TEXT-ALIGN: right; WIDTH: 10%">251,680</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="PADDING-LEFT: 9pt">Castings</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="PADDING-LEFT: 0.25in">Unaffiliated</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">6,891</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">4,616</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">3,526</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="PADDING-BOTTOM: 1pt; PADDING-LEFT: 0.25in"> Intersegment</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 26,462</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 18,122</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 14,677</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td>&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">33,353</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">22,738</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">18,203</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="PADDING-BOTTOM: 1pt; PADDING-LEFT: 9pt"> Eliminations</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> (26,462</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">)</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> (18,122</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">)</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> (14,677</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">)</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 491,824</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 328,816</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 255,206</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left">Income (Loss) Before Income Taxes</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="PADDING-LEFT: 9pt">Firearms</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">$</td> <td style="TEXT-ALIGN: right">113,660</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">$</td> <td style="TEXT-ALIGN: right">66,484</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">$</td> <td style="TEXT-ALIGN: right">48,160</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="PADDING-LEFT: 9pt">Castings</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">(1,858</td> <td style="TEXT-ALIGN: left">)</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">(2,254</td> <td style="TEXT-ALIGN: left">)</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">(1,637</td> <td style="TEXT-ALIGN: left">)</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="PADDING-BOTTOM: 1pt; PADDING-LEFT: 9pt">Corporate</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 307</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> (714</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">)</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> (2,374</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">)</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 112,109</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 63,516</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 44,149</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left">Identifiable Assets</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="PADDING-LEFT: 9pt">Firearms</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">$</td> <td style="TEXT-ALIGN: right">120,879</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">$</td> <td style="TEXT-ALIGN: right">103,545</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">$</td> <td style="TEXT-ALIGN: right">82,179</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="PADDING-LEFT: 9pt">Castings</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">6,467</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">5,290</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">4,683</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="PADDING-BOTTOM: 1pt; PADDING-LEFT: 9pt">Corporate</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 47,140</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 97,675</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 70,899</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 174,486</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 206,510</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 157,761</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td>Depreciation</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="PADDING-LEFT: 9pt">Firearms</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">$</td> <td style="TEXT-ALIGN: right">13,413</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">$</td> <td style="TEXT-ALIGN: right">11,373</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">$</td> <td style="TEXT-ALIGN: right">8,502</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="PADDING-BOTTOM: 1pt; PADDING-LEFT: 9pt">Castings</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 823</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 775</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 705</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 14,236</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 12,148</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 9,207</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left">Capital Expenditures</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="PADDING-LEFT: 9pt">Firearms</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">$</td> <td style="TEXT-ALIGN: right">26,773</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">$</td> <td style="TEXT-ALIGN: right">20,719</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">$</td> <td style="TEXT-ALIGN: right">18,904</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="PADDING-BOTTOM: 1pt; PADDING-LEFT: 9pt">Castings</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 509</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 1,416</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 505</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 27,282</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 22,135</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 19,409</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> </tr> </table> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> In 2012, the Company&#39;s largest customers and the percent of total sales they represented were as follows: Davidson&#39;s-17%; Jerry&#39;s/Ellett Brothers-14%; Lipsey&#39;s-13%; and Sports South-12%</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> In 2011, the Company&#39;s largest customers and the percent of total sales they represented were as follows: Jerry&#39;s/Ellett Brothers-15%; Davidson&#39;s-14%; Sports South-12%; and Lipsey&#39;s-12%.</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> In 2010, the Company&#39;s largest customers and the percent of total sales they represented were as follows: Jerry&#39;s/Ellett Brothers-16%; Davidson&#39;s-12%; Lipsey&#39;s-11%; and Sports South-11%.</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> The Company&#39;s assets are located entirely in the United States and domestic sales represent greater than 94% of total sales in 2012, 2011, and 2010.</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif">&nbsp;</p> <!--EndFragment--></div> </div> 28691000 38363000 23517000 2953000 4718000 2589000 P4Y P2Y P3Y P1Y 139000000 76000000 524000000 67877000 6.81 P5Y7M6D 0.029 0 P2Y10M24D P6Y8M12D 0.442 0.4 0.04 0.04 830000000 4400000 52583000 8.65 P5Y4M24D -250000 9830000 40000000 32.57 4.8 328700000 1172150000 120460000 1498150000 8.58 9.3 8.58 9.0 P6Y2M12D P5Y8M12D P6Y8M12D P7Y1M6D 9.58 7.92 8.11 8.69 8.59 9.7 <!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <p style="FONT: 10pt Times New Roman, Times, Serif; FONT-WEIGHT: normal; MARGIN: 0pt 0px; TEXT-ALIGN: justify"> <u>Shipping Costs</u></p> <p style="TEXT-ALIGN: justify; TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> Costs incurred related to the shipment of products are included in selling expense. Such costs totaled $5.6 million, $3.5 million, and $3.0 million in 2012, 2011, and 2010, respectively.</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <!--EndFragment--></div> </div> 3500000 5600000 3000000 <!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <table style="MARGIN-TOP: 0px; FONT: 10pt Times New Roman, Times, Serif; MARGIN-BOTTOM: 0px" cellspacing="0" cellpadding="0"> <tr style="TEXT-ALIGN: justify; VERTICAL-ALIGN: top"> <td style="WIDTH: 0px">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 0.5in"><strong>1.</strong></td> <td style="TEXT-ALIGN: justify"><strong>Summary of Significant Accounting Policies</strong></td> </tr> </table> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif">&nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> <u>Organization</u></p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> Sturm, Ruger &amp; Company, Inc. (the "Company") is principally engaged in the design, manufacture, and sale of firearms to domestic customers. Approximately 99% of the Company&#39;s total sales for the year ended December 31, 2012 were from the firearms segment and export sales represented approximately 3% of firearms sales. The Company&#39;s design and manufacturing operations are located in the United States and almost all product content is domestic. The Company&#39;s firearms are sold through a select number of independent wholesale distributors principally to the commercial sporting market.</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> The Company also manufactures and sells investment castings made from steel alloys for both outside customers and internal use in the firearms segment. Investment castings sold to outside customers, either directly to or through manufacturers&#39; representatives, were approximately 1% of the Company&#39;s total sales for the year ended December 31, 2012.</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="FONT: 10pt Times New Roman, Times, Serif; FONT-WEIGHT: normal; MARGIN: 0pt 0px; TEXT-ALIGN: justify"> <u>Preparation of Financial Statements</u></p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> The Company follows United States generally accepted accounting principles ("GAAP"). The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from these estimates.</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> The significant accounting policies described below, together with the notes that follow, are an integral part of the Financial Statements.</p> <p style="FONT: 10pt Times New Roman, Times, Serif; FONT-WEIGHT: normal; MARGIN: 0pt 0px; TEXT-ALIGN: justify"> &nbsp;</p> <p style="FONT: 10pt Times New Roman, Times, Serif; FONT-WEIGHT: normal; MARGIN: 0pt 0px; TEXT-ALIGN: justify"> <u>Revenue Recognition</u></p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> Substantially all product sales are sold FOB (free on board) shipping point. Revenue is recognized when product is shipped and the customer takes ownership and assumes the risk of loss. Accruals are made for sales discounts and incentives based on the Company&#39;s experience. The Company accounts for cash sales discounts as a reduction in sales and sales incentives as a charge to selling expense. Amounts billed to customers for shipping and handling fees are included in net sales and costs incurred by the Company for the delivery of goods are classified as selling expenses. Federal excise taxes are excluded from net sales.</p> <p style="FONT: 10pt Times New Roman, Times, Serif; FONT-WEIGHT: normal; MARGIN: 0pt 0px; TEXT-ALIGN: justify"> &nbsp;</p> <p style="FONT: 10pt Times New Roman, Times, Serif; FONT-WEIGHT: normal; MARGIN: 0pt 0px; TEXT-ALIGN: justify"> <u>Cash and Cash Equivalents</u></p> <p style="TEXT-ALIGN: justify; TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> The Company considers interest-bearing deposits with financial institutions with remaining maturities of three months or less at the time of acquisition to be cash equivalents.</p> <p style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> <u>Accounts Receivable</u></p> <p style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> The Company establishes an allowance for doubtful accounts based on the credit worthiness of its customers and historical experience. While the Company uses the best information available to make its evaluation, future adjustments to the allowance for doubtful accounts may be necessary if there are significant changes in economic and industry conditions or any other factors considered in the Company&#39;s evaluation. Bad debt expense has been immaterial during each of the last three years.</p> <p style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="FONT: 10pt Times New Roman, Times, Serif; FONT-WEIGHT: normal; MARGIN: 0pt 0px; TEXT-ALIGN: justify"> <u>Inventories</u></p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> Substantially all of the Company&#39;s inventories are valued at the lower of cost, principally determined by the last-in, first-out (LIFO) method, or market. Elements of cost in inventories include raw materials, direct labor and manufacturing overhead.</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="FONT: 10pt Times New Roman, Times, Serif; FONT-WEIGHT: normal; MARGIN: 0pt 0px; TEXT-ALIGN: justify"> <u>Property, Plant, and Equipment</u></p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> Property, plant, and equipment are carried at cost. Depreciation is computed over useful lives using the straight-line and declining balance methods predominately over 15 years for buildings, 10 years for machinery and equipment and 3 years for tools and dies. When assets are retired, sold or otherwise disposed of, their gross carrying values and related accumulated depreciation are removed from the accounts and a gain or loss on such disposals is recognized when appropriate.</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> Maintenance and repairs are charged to operations; replacements and improvements are capitalized.</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> <u>Long-lived Assets</u></p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> The Company evaluates the carrying value of long-lived assets to be held and used when events or changes in circumstances indicate the carrying value may not be recoverable. In performing this review, the carrying value of the assets is compared to the projected undiscounted cash flows to be generated from the assets. If the sum of the undiscounted expected future cash flows is less than the carrying value of the assets, the assets are considered to be impaired. Impairment losses are measured as the amount by which the carrying value of the assets exceeds their fair value. The Company bases fair value of the assets on quoted market prices if available or, if not available, quoted market prices of similar assets. Where quoted market prices are not available, the Company estimates fair value using the estimated future cash flows generated by the assets discounted at a rate commensurate with the risks associated with the recovery of the assets.</p> <p style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif">&nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> <u>Equity Method Investments</u></p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> Investee companies that are not consolidated, but over which the Company exercises significant influence, are accounted for under the equity method of accounting. Under the equity method of accounting, an investee company&#39;s accounts are not reflected within the Company&#39;s Balance Sheets and Statements of Income; however, the Company&#39;s share of the earnings or losses of the investee company is reflected in &#39;&#39;Other operating (income) expenses, net&#39;&#39; in the Statements of Income. The Company&#39;s carrying value in an investee company is reflected in &#39;&#39;Other assets&#39;&#39; in the Company&#39;s Balance Sheets.</p> <p style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> <u>Cost Method Investments</u></p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> Investee companies not accounted for under the consolidation or the equity method of accounting are accounted for under the cost method of accounting. Under this method, the Company&#39;s share of the earnings or losses of such Investee companies is not included in the Balance Sheet or Statement of Income. However, impairment charges are recognized in the Statement of Income.</p> <p style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="FONT: 10pt Times New Roman, Times, Serif; FONT-WEIGHT: normal; MARGIN: 0pt 0px; TEXT-ALIGN: justify"> <u>Income Taxes</u></p> <p style="TEXT-ALIGN: justify; TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> Income taxes are accounted for using the asset and liability method. Under this method, deferred income taxes are recognized for the tax consequences of "temporary differences" by applying enacted statutory rates applicable to future years to temporary differences between the financial statement carrying amounts and the tax basis of the Company&#39;s assets and liabilities.</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="FONT: 10pt Times New Roman, Times, Serif; FONT-WEIGHT: normal; MARGIN: 0pt 0px; TEXT-ALIGN: justify"> <u>Product Liability</u></p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> The Company provides for product liability claims including estimated legal costs to be incurred defending such claims. The provision for product liability claims is charged to cost of products sold.</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> <u>Advertising Costs</u></p> <p style="TEXT-ALIGN: justify; TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> The Company expenses advertising costs as incurred. Advertising expenses for 2012, 2011, and 2010, were $3.4 million, $2.9 million, and $2.3 million, respectively.</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="FONT: 10pt Times New Roman, Times, Serif; FONT-WEIGHT: normal; MARGIN: 0pt 0px; TEXT-ALIGN: justify"> <u>Shipping Costs</u></p> <p style="TEXT-ALIGN: justify; TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> Costs incurred related to the shipment of products are included in selling expense. Such costs totaled $5.6 million, $3.5 million, and $3.0 million in 2012, 2011, and 2010, respectively.</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> <u>Research and Development</u></p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> In 2012, 2011, and 2010, the Company spent approximately $5.9 million, $4.0 million, and $3.2 million, respectively, on research activities relating to the development of new products and the improvement of existing products. Research and development costs are expensed as incurred.</p> <p style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> <u>Earnings per Share</u></p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> Basic earnings per share is based upon the weighted-average number of shares of common stock outstanding during the year. Diluted earnings per share reflect the impact of options, restricted stock units, and deferred stock outstanding using the treasury stock method.</p> <!--EndFragment--></div> </div> 137391000 114480000 95032000 95516000 23383000 23003000 23563000 22827000 10454000 9885000 15531000 8031000 168981000 137125000 123442000 115187000 -37884000 -35885000 -37884000 -30167000 -27543000 -19648000 -29620000 -20362000 -843450000 -217820000 -366000000 -380000 -180000 -176000 380000 180000 176000 133400000 412213000 -1999000 -5718000 -1999000 -5718000 545400 339000 73000 133400 8000000 8000000 <!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <table style="MARGIN-TOP: 0px; FONT: 10pt Times New Roman, Times, Serif; MARGIN-BOTTOM: 0px" cellspacing="0" cellpadding="0"> <tr style="TEXT-ALIGN: justify; VERTICAL-ALIGN: top"> <td style="WIDTH: 0px">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 0.5in"> <strong>18.</strong></td> <td style="TEXT-ALIGN: justify"><strong>Subsequent Events</strong></td> </tr> </table> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> On February 11, 2013, the Company&#39;s Board of Directors authorized a dividend of 40.4&cent; per share to shareholders of record on March 8, 2013.</p> <p style="TEXT-ALIGN: justify; TEXT-INDENT: 27pt; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> The Company&#39;s management has evaluated transactions occurring subsequent to December 31, 2012 and determined that there were no events or transactions during that period that would have a material impact on the Company&#39;s results of operations or financial position.</p> <!--EndFragment--></div> </div> 14.15 14.08 12.92 14.94 4299434 4299434 545400 339000 73000 133400 <!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <table style="MARGIN-TOP: 0px; FONT: 10pt Times New Roman, Times, Serif; MARGIN-BOTTOM: 0px" cellspacing="0" cellpadding="0"> <tr style="TEXT-ALIGN: justify; VERTICAL-ALIGN: top"> <td style="TEXT-ALIGN: left; WIDTH: 0.5in"> <strong>12.</strong></td> <td style="TEXT-ALIGN: justify"><strong>Stock Repurchases</strong></td> </tr> </table> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> In the third quarter of 2010 and the first quarter of 2011 the Company repurchased shares of its common stock. Details of these purchases are as follows:</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <table style="WIDTH: 100%; BORDER-COLLAPSE: collapse; FONT: 10pt Times New Roman, Times, Serif" cellspacing="0" cellpadding="0"> <tr style="VERTICAL-ALIGN: bottom"> <td style="BORDER-BOTTOM: black 1pt solid">Period</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center" colspan="2">Total<br /> Number of<br /> Shares<br /> Purchased</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center" colspan="2">Average<br /> Price Paid<br /> per Share</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center" colspan="2">Total<br /> Number of<br /> Shares<br /> Purchased as<br /> Part of<br /> Publicly<br /> Announced<br /> Program</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center" colspan="2">Maximum<br /> Dollar Value<br /> of Shares that<br /> May Yet Be<br /> Purchased<br /> Under the<br /> Program</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="WIDTH: 52%">8/3/10-8/31/10</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: right; WIDTH: 9%">339,000</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">$</td> <td style="TEXT-ALIGN: right; WIDTH: 9%">14.08</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: right; WIDTH: 9%">339,000</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> <td style="TEXT-ALIGN: right; WIDTH: 9%">&nbsp;</td> <td style="TEXT-ALIGN: left; WIDTH: 1%">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td>9/1/10-9/22/10</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">73,000</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">$</td> <td style="TEXT-ALIGN: right">12.92</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">73,000</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td>&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> <td style="TEXT-ALIGN: right">&nbsp;</td> <td style="TEXT-ALIGN: left">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="PADDING-BOTTOM: 1pt">1/4/11-1/29/11</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 133,400</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left">$</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 14.94</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 133,400</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="PADDING-BOTTOM: 1pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> &nbsp;</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="PADDING-BOTTOM: 2.5pt">Total</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 545,400</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 14.15</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> &nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 545,400</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="PADDING-BOTTOM: 2.5pt">&nbsp;</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> 8,000,000</td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt">&nbsp;</td> </tr> </table> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> All of these purchases were made with cash held by the Company and no debt was incurred.</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> At December 31, 2012, $8.0 million remained authorized for share repurchases.</p> <!--EndFragment--></div> </div> 37884000 37884000 185000 277000 300000 209000 807000 627000 825000 492000 1311000 1545000 1729000 2727000 1746000 1022000 1057000 2082000 115000 68000 6148000 10679000 5520000 -234000 761000 -1057000 755000 -633000 -834000 -5968000 -10661000 -5385000 0 -343000 -125000 -92000 19152398 19635241 19299193 18919489 19160849 19032557 4600000 4600000 xbrli:shares iso4217:USD xbrli:pure iso4217:USD xbrli:shares 0000095029 us-gaap:LineOfCreditMember 2013-02-01 2013-02-28 0000095029 2012-09-30 2012-12-31 0000095029 2012-07-01 2012-09-29 0000095029 2012-04-01 2012-06-30 0000095029 rgr:TwoThousandElevenMember 2012-01-01 2012-12-31 0000095029 rgr:VestingAprilTwoThousandFifteenMember us-gaap:DirectorMember 2012-01-01 2012-12-31 0000095029 rgr:VestingAprilTwoThousandThirteenMember us-gaap:DirectorMember 2012-01-01 2012-12-31 0000095029 rgr:ProductInsurancePremiumExpenseMember 2012-01-01 2012-12-31 0000095029 rgr:AccruedLegalExpenseMember 2012-01-01 2012-12-31 0000095029 rgr:ProductLiabilityReserveMember 2012-01-01 2012-12-31 0000095029 rgr:CastingsNetMember 2012-01-01 2012-12-31 0000095029 us-gaap:BuildingMember 2012-01-01 2012-12-31 0000095029 rgr:UnaffiliatedMember 2012-01-01 2012-12-31 0000095029 rgr:UnaffiliatedCastingsMember 2012-01-01 2012-12-31 0000095029 rgr:IntersegmentMember 2012-01-01 2012-12-31 0000095029 rgr:FirearmsMember 2012-01-01 2012-12-31 0000095029 rgr:CastingsMember 2012-01-01 2012-12-31 0000095029 us-gaap:AllowanceForPromotionsMember 2012-01-01 2012-12-31 0000095029 us-gaap:AllowanceForDoubtfulAccountsMember 2012-01-01 2012-12-31 0000095029 us-gaap:ToolsDiesAndMoldsMember 2012-01-01 2012-12-31 0000095029 us-gaap:AdditionalPaidInCapitalMember 2012-01-01 2012-12-31 0000095029 us-gaap:SalesRevenueGoodsNetMember rgr:SportsSouthMember 2012-01-01 2012-12-31 0000095029 us-gaap:SalesRevenueGoodsNetMember rgr:LipseysMember 2012-01-01 2012-12-31 0000095029 us-gaap:SalesRevenueGoodsNetMember rgr:JerrysAndEllettBrothersMember 2012-01-01 2012-12-31 0000095029 us-gaap:SalesRevenueGoodsNetMember rgr:DavidsonsMember 2012-01-01 2012-12-31 0000095029 us-gaap:SalesRevenueGoodsNetMember us-gaap:MinimumMember country:US 2012-01-01 2012-12-31 0000095029 us-gaap:RetainedEarningsMember 2012-01-01 2012-12-31 0000095029 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2012-01-01 2012-12-31 0000095029 us-gaap:AccountsReceivableMember rgr:CustomerFourMember 2012-01-01 2012-12-31 0000095029 us-gaap:AccountsReceivableMember rgr:CustomerThreeMember 2012-01-01 2012-12-31 0000095029 us-gaap:AccountsReceivableMember rgr:CustomerTwoMember 2012-01-01 2012-12-31 0000095029 us-gaap:AccountsReceivableMember rgr:CustomerOneMember 2012-01-01 2012-12-31 0000095029 us-gaap:MinimumMember 2012-01-01 2012-12-31 0000095029 us-gaap:MaximumMember 2012-01-01 2012-12-31 0000095029 us-gaap:MachineryAndEquipmentMember 2012-01-01 2012-12-31 0000095029 us-gaap:InventoryValuationReserveMember 2012-01-01 2012-12-31 0000095029 us-gaap:IntersegmentEliminationMember 2012-01-01 2012-12-31 0000095029 us-gaap:CorporateMember 2012-01-01 2012-12-31 0000095029 us-gaap:CommonStockMember 2012-01-01 2012-12-31 0000095029 2012-01-01 2012-12-31 0000095029 2012-01-01 2012-03-31 0000095029 2011-10-02 2011-12-31 0000095029 2011-07-03 2011-10-01 0000095029 2011-04-03 2011-07-02 0000095029 rgr:PeriodThreeMember 2011-01-04 2011-01-29 0000095029 rgr:TwoThousandElevenMember us-gaap:MinimumMember 2011-01-01 2011-12-31 0000095029 rgr:TwoThousandElevenMember us-gaap:MaximumMember 2011-01-01 2011-12-31 0000095029 rgr:TwoThousandElevenMember 2011-01-01 2011-12-31 0000095029 rgr:VestingAprilTwoThousandFourteenMember us-gaap:DirectorMember 2011-01-01 2011-12-31 0000095029 rgr:VestingAprilTwoThousandTwelveMember us-gaap:DirectorMember 2011-01-01 2011-12-31 0000095029 rgr:ProductInsurancePremiumExpenseMember 2011-01-01 2011-12-31 0000095029 rgr:AccruedLegalExpenseMember 2011-01-01 2011-12-31 0000095029 rgr:ProductLiabilityReserveMember 2011-01-01 2011-12-31 0000095029 rgr:CastingsNetMember 2011-01-01 2011-12-31 0000095029 rgr:UnaffiliatedMember 2011-01-01 2011-12-31 0000095029 rgr:UnaffiliatedCastingsMember 2011-01-01 2011-12-31 0000095029 rgr:IntersegmentMember 2011-01-01 2011-12-31 0000095029 rgr:FirearmsMember 2011-01-01 2011-12-31 0000095029 rgr:CastingsMember 2011-01-01 2011-12-31 0000095029 us-gaap:AllowanceForPromotionsMember 2011-01-01 2011-12-31 0000095029 us-gaap:AllowanceForDoubtfulAccountsMember 2011-01-01 2011-12-31 0000095029 us-gaap:TreasuryStockMember 2011-01-01 2011-12-31 0000095029 us-gaap:AdditionalPaidInCapitalMember 2011-01-01 2011-12-31 0000095029 us-gaap:SalesRevenueGoodsNetMember rgr:SportsSouthMember 2011-01-01 2011-12-31 0000095029 us-gaap:SalesRevenueGoodsNetMember rgr:LipseysMember 2011-01-01 2011-12-31 0000095029 us-gaap:SalesRevenueGoodsNetMember rgr:JerrysAndEllettBrothersMember 2011-01-01 2011-12-31 0000095029 us-gaap:SalesRevenueGoodsNetMember rgr:DavidsonsMember 2011-01-01 2011-12-31 0000095029 us-gaap:SalesRevenueGoodsNetMember us-gaap:MinimumMember country:US 2011-01-01 2011-12-31 0000095029 us-gaap:RetainedEarningsMember 2011-01-01 2011-12-31 0000095029 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2011-01-01 2011-12-31 0000095029 us-gaap:AccountsReceivableMember rgr:CustomerFourMember 2011-01-01 2011-12-31 0000095029 us-gaap:AccountsReceivableMember rgr:CustomerThreeMember 2011-01-01 2011-12-31 0000095029 us-gaap:AccountsReceivableMember rgr:CustomerTwoMember 2011-01-01 2011-12-31 0000095029 us-gaap:AccountsReceivableMember rgr:CustomerOneMember 2011-01-01 2011-12-31 0000095029 us-gaap:InventoryValuationReserveMember 2011-01-01 2011-12-31 0000095029 us-gaap:IntersegmentEliminationMember 2011-01-01 2011-12-31 0000095029 us-gaap:CorporateMember 2011-01-01 2011-12-31 0000095029 us-gaap:CommonStockMember 2011-01-01 2011-12-31 0000095029 2011-01-01 2011-12-31 0000095029 2011-01-01 2011-04-02 0000095029 rgr:PeriodTwoMember 2010-09-01 2010-09-22 0000095029 2010-08-03 2011-01-29 0000095029 rgr:PeriodOneMember 2010-08-03 2010-08-31 0000095029 rgr:VestingAprilTwoThousandThirteenMember us-gaap:DirectorMember 2010-01-01 2010-12-31 0000095029 rgr:VestingAprilTwoThousandElevenMember us-gaap:DirectorMember 2010-01-01 2010-12-31 0000095029 rgr:ProductInsurancePremiumExpenseMember 2010-01-01 2010-12-31 0000095029 rgr:AccruedLegalExpenseMember 2010-01-01 2010-12-31 0000095029 rgr:ProductLiabilityReserveMember 2010-01-01 2010-12-31 0000095029 rgr:CastingsNetMember 2010-01-01 2010-12-31 0000095029 rgr:UnaffiliatedMember 2010-01-01 2010-12-31 0000095029 rgr:UnaffiliatedCastingsMember 2010-01-01 2010-12-31 0000095029 rgr:IntersegmentMember 2010-01-01 2010-12-31 0000095029 rgr:FirearmsMember 2010-01-01 2010-12-31 0000095029 rgr:CastingsMember 2010-01-01 2010-12-31 0000095029 us-gaap:AllowanceForPromotionsMember 2010-01-01 2010-12-31 0000095029 us-gaap:AllowanceForDoubtfulAccountsMember 2010-01-01 2010-12-31 0000095029 us-gaap:TreasuryStockMember 2010-01-01 2010-12-31 0000095029 us-gaap:AdditionalPaidInCapitalMember 2010-01-01 2010-12-31 0000095029 us-gaap:SalesRevenueGoodsNetMember rgr:SportsSouthMember 2010-01-01 2010-12-31 0000095029 us-gaap:SalesRevenueGoodsNetMember rgr:LipseysMember 2010-01-01 2010-12-31 0000095029 us-gaap:SalesRevenueGoodsNetMember rgr:JerrysAndEllettBrothersMember 2010-01-01 2010-12-31 0000095029 us-gaap:SalesRevenueGoodsNetMember rgr:DavidsonsMember 2010-01-01 2010-12-31 0000095029 us-gaap:SalesRevenueGoodsNetMember us-gaap:MinimumMember country:US 2010-01-01 2010-12-31 0000095029 us-gaap:RetainedEarningsMember 2010-01-01 2010-12-31 0000095029 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2010-01-01 2010-12-31 0000095029 us-gaap:InventoryValuationReserveMember 2010-01-01 2010-12-31 0000095029 us-gaap:IntersegmentEliminationMember 2010-01-01 2010-12-31 0000095029 us-gaap:CorporateMember 2010-01-01 2010-12-31 0000095029 us-gaap:CommonStockMember 2010-01-01 2010-12-31 0000095029 2010-01-01 2010-12-31 0000095029 2009-01-01 2009-12-31 0000095029 us-gaap:LineOfCreditMember 2007-12-01 2007-12-31 0000095029 2013-02-28 0000095029 2013-02-15 0000095029 us-gaap:SubsequentEventMember 2013-02-11 0000095029 rgr:InternationalEquityFundsMember 2012-12-31 0000095029 rgr:LargeCapEquityFundsMember 2012-12-31 0000095029 rgr:MidCapEquityFundsMember 2012-12-31 0000095029 rgr:SmallCapEquityFundsMember 2012-12-31 0000095029 rgr:ProductLiabilityReserveMember 2012-12-31 0000095029 rgr:CrossbowManufacturerMember 2012-12-31 0000095029 us-gaap:BuildingAndBuildingImprovementsMember 2012-12-31 0000095029 rgr:UnaffiliatedCastingsMember 2012-12-31 0000095029 rgr:FirearmsMember 2012-12-31 0000095029 rgr:ExportSalesMember 2012-12-31 0000095029 rgr:CastingsMember 2012-12-31 0000095029 us-gaap:AllowanceForPromotionsMember 2012-12-31 0000095029 us-gaap:AllowanceForDoubtfulAccountsMember 2012-12-31 0000095029 us-gaap:TreasuryStockMember 2012-12-31 0000095029 us-gaap:ToolsDiesAndMoldsMember 2012-12-31 0000095029 us-gaap:SoftwareDevelopmentMember 2012-12-31 0000095029 us-gaap:AdditionalPaidInCapitalMember 2012-12-31 0000095029 us-gaap:RetainedEarningsMember 2012-12-31 0000095029 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2012-12-31 0000095029 us-gaap:RealEstateMember 2012-12-31 0000095029 us-gaap:PatentsMember 2012-12-31 0000095029 us-gaap:NonvotingCommonStockMember 2012-12-31 0000095029 us-gaap:MoneyMarketFundsMember 2012-12-31 0000095029 us-gaap:MachineryAndEquipmentMember 2012-12-31 0000095029 us-gaap:LandAndLandImprovementsMember 2012-12-31 0000095029 us-gaap:InventoryValuationReserveMember 2012-12-31 0000095029 us-gaap:EquitySecuritiesMember 2012-12-31 0000095029 us-gaap:DebtSecuritiesMember 2012-12-31 0000095029 us-gaap:CorporateDebtSecuritiesMember 2012-12-31 0000095029 us-gaap:CorporateMember 2012-12-31 0000095029 us-gaap:CommonStockMember 2012-12-31 0000095029 us-gaap:CommonStockMember 2012-12-31 0000095029 2012-12-31 0000095029 2012-06-30 0000095029 rgr:TwoThousandElevenMember 2011-12-31 0000095029 rgr:InternationalEquityFundsMember 2011-12-31 0000095029 rgr:LargeCapEquityFundsMember 2011-12-31 0000095029 rgr:MidCapEquityFundsMember 2011-12-31 0000095029 rgr:SmallCapEquityFundsMember 2011-12-31 0000095029 rgr:ProductLiabilityReserveMember 2011-12-31 0000095029 us-gaap:BuildingAndBuildingImprovementsMember 2011-12-31 0000095029 rgr:FirearmsMember 2011-12-31 0000095029 rgr:CastingsMember 2011-12-31 0000095029 us-gaap:AllowanceForPromotionsMember 2011-12-31 0000095029 us-gaap:AllowanceForDoubtfulAccountsMember 2011-12-31 0000095029 us-gaap:TreasuryStockMember 2011-12-31 0000095029 us-gaap:ToolsDiesAndMoldsMember 2011-12-31 0000095029 us-gaap:SoftwareDevelopmentMember 2011-12-31 0000095029 us-gaap:AdditionalPaidInCapitalMember 2011-12-31 0000095029 us-gaap:RetainedEarningsMember 2011-12-31 0000095029 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2011-12-31 0000095029 us-gaap:RealEstateMember 2011-12-31 0000095029 us-gaap:PatentsMember 2011-12-31 0000095029 us-gaap:NonvotingCommonStockMember 2011-12-31 0000095029 us-gaap:MoneyMarketFundsMember 2011-12-31 0000095029 us-gaap:MachineryAndEquipmentMember 2011-12-31 0000095029 us-gaap:LandAndLandImprovementsMember 2011-12-31 0000095029 us-gaap:InventoryValuationReserveMember 2011-12-31 0000095029 us-gaap:EquitySecuritiesMember 2011-12-31 0000095029 us-gaap:DebtSecuritiesMember 2011-12-31 0000095029 us-gaap:CorporateDebtSecuritiesMember 2011-12-31 0000095029 us-gaap:CorporateMember 2011-12-31 0000095029 us-gaap:CommonStockMember 2011-12-31 0000095029 us-gaap:CommonStockMember 2011-12-31 0000095029 2011-12-31 0000095029 rgr:PeriodThreeMember 2011-01-29 0000095029 2011-01-29 0000095029 rgr:ProductLiabilityReserveMember 2010-12-31 0000095029 rgr:FirearmsMember 2010-12-31 0000095029 rgr:CastingsMember 2010-12-31 0000095029 us-gaap:AllowanceForPromotionsMember 2010-12-31 0000095029 us-gaap:AllowanceForDoubtfulAccountsMember 2010-12-31 0000095029 us-gaap:TreasuryStockMember 2010-12-31 0000095029 us-gaap:AdditionalPaidInCapitalMember 2010-12-31 0000095029 us-gaap:RetainedEarningsMember 2010-12-31 0000095029 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2010-12-31 0000095029 us-gaap:PatentsMember 2010-12-31 0000095029 us-gaap:InventoryValuationReserveMember 2010-12-31 0000095029 us-gaap:CorporateMember 2010-12-31 0000095029 us-gaap:CommonStockMember 2010-12-31 0000095029 2010-12-31 0000095029 rgr:PeriodTwoMember 2010-09-22 0000095029 rgr:PeriodOneMember 2010-08-31 0000095029 rgr:ProductLiabilityReserveMember 2009-12-31 0000095029 us-gaap:AllowanceForPromotionsMember 2009-12-31 0000095029 us-gaap:AllowanceForDoubtfulAccountsMember 2009-12-31 0000095029 us-gaap:TreasuryStockMember 2009-12-31 0000095029 us-gaap:AdditionalPaidInCapitalMember 2009-12-31 0000095029 us-gaap:RetainedEarningsMember 2009-12-31 0000095029 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2009-12-31 0000095029 us-gaap:InventoryValuationReserveMember 2009-12-31 0000095029 us-gaap:CommonStockMember 2009-12-31 0000095029 2009-12-31 0000095029 us-gaap:LineOfCreditMember 2007-12-31 0000095029 2007-12-31 0000095029 rgr:StockIncentivePlan2007Member 2007-04-30 0000095029 rgr:TwoThousandOneStockOptionPlanForNonEmployeeDirectorsMember 2000-12-18 The beginning and ending liability balances represent accrued legal fees only. Settlements and administrative costs are expensed as incurred. Only in rare instances is an accrual established for settlements. The beginning and ending liability balances represent accrued legal fees only. Settlements and administrative costs are expensed as incurred. Only in rare instances is an accrual established for settlements. The beginning and ending liability balances represent accrued legal fees only. Settlements and administrative costs are expensed as incurred. Only in rare instances is an accrual established for settlements. The beginning and ending liability balances represent accrued legal fees only. Settlements and administrative costs are expensed as incurred. Only in rare instances is an accrual established for settlements. The expense accrued in the liability is for legal fees only. In 2010 and 2012, the costs incurred related to cases that were settled or dismissed were less than the amounts accrued for these cases in prior years. The expense accrued in the liability is for legal fees only. In 2010 and 2012, the costs incurred related to cases that were settled or dismissed were less than the amounts accrued for these cases in prior years. The expense accrued in the liability is for legal fees only. In 2010 and 2012, the costs incurred related to cases that were settled or dismissed were less than the amounts accrued for these cases in prior years. The expense accrued in the liability is for legal fees only. In 2010 and 2012, the costs incurred related to cases that were settled or dismissed were less than the amounts accrued for these cases in prior years. The expense accrued in the liability is for legal fees only. In 2010 and 2012, the costs incurred related to cases that were settled or dismissed were less than the amounts accrued for these cases in prior years. The expense accrued in the liability is for legal fees only. In 2010 and 2012, the costs incurred related to cases that were settled or dismissed were less than the amounts accrued for these cases in prior years. Legal fees represent payments to outside counsel related to product liability matters. Legal fees represent payments to outside counsel related to product liability matters. Legal fees represent payments to outside counsel related to product liability matters. Settlements represent payments made to plaintiffs or allegedly injured parties in exchange for a full and complete release of liability. Settlements represent payments made to plaintiffs or allegedly injured parties in exchange for a full and complete release of liability. Settlements represent payments made to plaintiffs or allegedly injured parties in exchange for a full and complete release of liability. Insurance expense represents the cost of insurance premiums. Insurance expense represents the cost of insurance premiums. Insurance expense represents the cost of insurance premiums. Accounts written off Discounts taken Discounts taken Discounts taken Inventory written off Inventory written off Inventory written off EX-101.SCH 9 rgr-20121231.xsd XBRL TAXONOMY EXTENSION SCHEMA 002 - Statement - Balance Sheets link:calculationLink link:definitionLink link:presentationLink link:labelLink link:referenceLink 003 - Statement - Balance Sheets (Parenthetical) link:calculationLink link:definitionLink link:presentationLink link:labelLink link:referenceLink 116 - Disclosure - Contingent Liabilities link:calculationLink link:definitionLink link:presentationLink link:labelLink link:referenceLink 41601 - Disclosure - Contingent Liabilities (Narrative) (Details) link:calculationLink link:definitionLink link:presentationLink link:labelLink link:referenceLink 41602 - Disclosure - Contingent Liabilities (Reconciliation of Product Liability Reserve) (Details) link:calculationLink link:definitionLink link:presentationLink link:labelLink link:referenceLink 41603 - Disclosure - Contingent Liabilities (Schedule of Product Liability Expense) (Details) link:calculationLink link:definitionLink link:presentationLink link:labelLink link:referenceLink 316 - Disclosure - Contingent Liabilities (Tables) link:calculationLink link:definitionLink link:presentationLink link:labelLink link:referenceLink 113 - Disclosure - Compensation Plans link:calculationLink link:definitionLink link:presentationLink link:labelLink link:referenceLink 41301 - Disclosure - Compensation Plans (Details) link:calculationLink link:definitionLink link:presentationLink link:labelLink link:referenceLink 41304 - Disclosure - Compensation Plans (Deferred Stock) (Details) link:calculationLink link:definitionLink link:presentationLink link:labelLink link:referenceLink 41305 - Disclosure - Compensation Plans (Restricted Stock Units) (Details) link:calculationLink link:definitionLink link:presentationLink link:labelLink link:referenceLink 41302 - Disclosure - Compensation Plans (Schedule of Assumptions Used to Estimate Fair Value) (Details) link:calculationLink link:definitionLink link:presentationLink link:labelLink link:referenceLink 41303 - Disclosure - Compenation Plans (Schedule of Stock Option Activity) (Details) link:calculationLink link:definitionLink link:presentationLink link:labelLink link:referenceLink 313 - Disclosure - Compensation Plans (Tables) link:calculationLink link:definitionLink link:presentationLink link:labelLink link:referenceLink 001 - Document - Document and Entity Information link:calculationLink link:definitionLink link:presentationLink link:labelLink link:referenceLink 108 - Disclosure - Employee Benefit Plans link:calculationLink link:definitionLink link:presentationLink link:labelLink link:referenceLink 40801 - Disclosure - Employee Benefit Plans (Narrative) (Details) link:calculationLink link:definitionLink link:presentationLink link:labelLink link:referenceLink 40802 - Disclosure - Employee Benefit Plans (Reconciliation of Change in Benefit Obligation) (Details) link:calculationLink link:definitionLink link:presentationLink link:labelLink link:referenceLink 40807 - Disclosure - Employee Benefit Plans (Schedule of Amounts Recognized on the Balance Sheet) (Details) link:calculationLink link:definitionLink link:presentationLink link:labelLink link:referenceLink 40803 - Disclosure - Employee Benefit Plans (Schedule of Changes in Plan Assets) (Details) link:calculationLink link:definitionLink link:presentationLink link:labelLink link:referenceLink 40806 - Disclosure - Employee Benefit Plans (Schedule of Components of Net Periodic Pension Cost) (Details) link:calculationLink link:definitionLink link:presentationLink link:labelLink link:referenceLink 40811 - Disclosure - Employee Benefit Plans (Schedule of Defined Benefit Plans' Assets at Fair Value) (Details) link:calculationLink link:definitionLink link:presentationLink link:labelLink link:referenceLink 40804 - Disclosure - Employee Benefit Plans (Schedule of Funded Status) (Details) link:calculationLink link:definitionLink link:presentationLink link:labelLink link:referenceLink 40809 - Disclosure - Employee Benefit Plans (Schedule of Pension Plans with an Accumulated Benefit Obligation in Excess of Plan Asset) (Details) link:calculationLink link:definitionLink link:presentationLink link:labelLink link:referenceLink 40810 - Disclosure - Employee Benefit Plans (Schedule of Pension Weighted Average Asset Allocations) (Details) link:calculationLink link:definitionLink link:presentationLink link:labelLink link:referenceLink 40805 - Disclosure - Employee Benefit Plans (Schedule of Weighted Average Assumptions) (Details) link:calculationLink link:definitionLink link:presentationLink link:labelLink link:referenceLink 40808 - Disclosure - Employee Benefit Plans (Schedule of Weighted Average Assumptions Used to Determine Net Periodic Benefit Cost) (Details) link:calculationLink link:definitionLink link:presentationLink link:labelLink link:referenceLink 308 - Disclosure - Employee Benefit Plans (Tables) link:calculationLink link:definitionLink link:presentationLink link:labelLink link:referenceLink 111 - Disclosure - Earnings Per Share link:calculationLink link:definitionLink link:presentationLink link:labelLink link:referenceLink 41101 - Disclosure - Earnings Per Share (Details) link:calculationLink link:definitionLink link:presentationLink link:labelLink link:referenceLink 311 - Disclosure - Earnings Per Share (Tables) link:calculationLink link:definitionLink link:presentationLink link:labelLink link:referenceLink 117 - Disclosure - Financial Instruments link:calculationLink link:definitionLink link:presentationLink link:labelLink link:referenceLink 103 - Disclosure - Inventories link:calculationLink link:definitionLink link:presentationLink link:labelLink link:referenceLink 40301 - Disclosure - Inventories (Details) link:calculationLink link:definitionLink link:presentationLink link:labelLink link:referenceLink 110 - Disclosure - Income Taxes link:calculationLink link:definitionLink link:presentationLink link:labelLink link:referenceLink 303 - Disclosure - Inventories (Tables) link:calculationLink link:definitionLink link:presentationLink link:labelLink link:referenceLink 41004 - Disclosure - Income Taxes (Narrative) (Details) link:calculationLink link:definitionLink link:presentationLink link:labelLink link:referenceLink 41003 - Disclosure - Income Taxes (Schedule of Deferred Tax Assets and Liabilities) (Details) link:calculationLink link:definitionLink link:presentationLink link:labelLink link:referenceLink 41002 - Disclosure - Income Taxes (Schedule of Effective Income Tax Rate Reconciliation) (Details) link:calculationLink link:definitionLink link:presentationLink link:labelLink link:referenceLink 41001 - Disclosure - Income Taxes (Schedule of Federal and State Income Tax Provision) (Details) link:calculationLink link:definitionLink link:presentationLink link:labelLink link:referenceLink 310 - Disclosure - Income Taxes (Tables) link:calculationLink link:definitionLink link:presentationLink link:labelLink link:referenceLink 107 - Disclosure - Line of Credit link:calculationLink link:definitionLink link:presentationLink link:labelLink link:referenceLink 40701 - Disclosure - Line of Credit (Details) link:calculationLink link:definitionLink link:presentationLink link:labelLink link:referenceLink 105 - Document - Other Assets link:calculationLink link:definitionLink link:presentationLink link:labelLink link:referenceLink 40502 - Disclosure - Other Assets (Narrative) (Details) link:calculationLink link:definitionLink link:presentationLink link:labelLink link:referenceLink 40501 - Disclosure - Other Assets (Schedule of Other Assets) (Details) link:calculationLink link:definitionLink link:presentationLink link:labelLink link:referenceLink 305 - Disclosure - Other Assets (Tables) link:calculationLink link:definitionLink link:presentationLink link:labelLink link:referenceLink 109 - Disclosure - Other Operating Expenses (Income), net link:calculationLink link:definitionLink link:presentationLink link:labelLink link:referenceLink 40901 - Disclosure - Other Operating Expenses (Income), net (Details) link:calculationLink link:definitionLink link:presentationLink link:labelLink link:referenceLink 309 - Disclosure - Other Operating Expenses (Income), net (Tables) link:calculationLink link:definitionLink link:presentationLink link:labelLink link:referenceLink 114 - Disclosure - Operating Segment Information link:calculationLink link:definitionLink link:presentationLink link:labelLink link:referenceLink 41402 - Disclosure - Operating Segment Information (Narrative) (Details) link:calculationLink link:definitionLink link:presentationLink link:labelLink link:referenceLink 41401 - Disclosure - Operating Segment Information (Schedule of Operating Segment Financial Information) (Details) link:calculationLink link:definitionLink link:presentationLink link:labelLink link:referenceLink 314 - Disclosure - Operating Segment Information (Tables) link:calculationLink link:definitionLink link:presentationLink link:labelLink link:referenceLink 104 - Disclosure - Property, Plant and Equipment link:calculationLink link:definitionLink link:presentationLink link:labelLink link:referenceLink 40401 - Disclosure - Property, Plant and Equipment (Details) link:calculationLink link:definitionLink link:presentationLink link:labelLink link:referenceLink 304 - Disclosure - Property, Plant and Equipment (Tables) link:calculationLink link:definitionLink link:presentationLink link:labelLink link:referenceLink 115 - Disclosure - Quarterly Results of Operations (Unaudited) link:calculationLink link:definitionLink link:presentationLink link:labelLink link:referenceLink 41501 - Disclosure - Quarterly Results of Operations (Unaudited) (Details) link:calculationLink link:definitionLink link:presentationLink link:labelLink link:referenceLink 315 - Disclosure - Quarterly Results of Operations (Unaudited) (Tables) link:calculationLink link:definitionLink link:presentationLink link:labelLink link:referenceLink 118 - Disclosure - Subsequent Events link:calculationLink link:definitionLink link:presentationLink link:labelLink link:referenceLink 41801 - Disclosure - Subsequent Events (Details) link:calculationLink link:definitionLink link:presentationLink link:labelLink link:referenceLink 119 - Disclosure - Schedule II-Valuation and Qualifying Accounts link:calculationLink link:definitionLink link:presentationLink link:labelLink link:referenceLink 41901 - Disclosure - Schedule II-Valuation and Qualifying Accounts (Details) link:calculationLink link:definitionLink link:presentationLink link:labelLink link:referenceLink 007 - Statement - Statements of Cash Flows link:calculationLink link:definitionLink link:presentationLink link:labelLink link:referenceLink 004 - Statement - Statements of Income and Comprehensive Income link:calculationLink link:definitionLink link:presentationLink link:labelLink link:referenceLink 101 - Disclosure - Summary of Significant Accounting Policies link:calculationLink link:definitionLink link:presentationLink link:labelLink link:referenceLink 40101 - Disclosure - Summary of Significant Accounting Policies (Details) link:calculationLink link:definitionLink link:presentationLink link:labelLink link:referenceLink 201 - Disclosure - Summary of Significant Accounting Policies (Policies) link:calculationLink link:definitionLink link:presentationLink link:labelLink link:referenceLink 005 - Statement - Statements of Stockholders' Equity link:calculationLink link:definitionLink link:presentationLink link:labelLink link:referenceLink 006 - Statement - Statements of Stockholders' Equity (Parentheticals) link:calculationLink link:definitionLink link:presentationLink link:labelLink link:referenceLink 112 - Disclosure - Stock Repurchases link:calculationLink link:definitionLink link:presentationLink link:labelLink link:referenceLink 41202 - Disclosure - Stock Repurchases (Narrative) (Details) link:calculationLink link:definitionLink link:presentationLink link:labelLink link:referenceLink 41201 - Disclosure - Stock Repurchases (Schedule of Repurchase of Common Stock) (Details) link:calculationLink link:definitionLink link:presentationLink link:labelLink link:referenceLink 312 - Disclosure - Stock Repurchases (Tables) link:calculationLink link:definitionLink link:presentationLink link:labelLink link:referenceLink 106 - Disclosure - Trade Accounts Payable and Accrued Expenses link:calculationLink link:definitionLink link:presentationLink link:labelLink link:referenceLink 40601 - Disclosure - Trade Accounts Payable and Accrued Expenses (Details) link:calculationLink link:definitionLink link:presentationLink link:labelLink link:referenceLink 306 - Disclosure - Trade Accounts Payable and Accrued Expenses (Tables) link:calculationLink link:definitionLink link:presentationLink link:labelLink link:referenceLink 102 - Disclosure - Trade Receivables, Net link:calculationLink link:definitionLink link:presentationLink link:labelLink link:referenceLink 40201 - Disclosure - Trade Receivables, Net (Details) link:calculationLink link:definitionLink link:presentationLink link:labelLink link:referenceLink 302 - Disclosure - Trade Receivables, Net (Tables) link:calculationLink link:definitionLink link:presentationLink link:labelLink link:referenceLink EX-101.CAL 10 rgr-20121231_cal.xml XBRL TAXONOMY EXTENSION CALCULATION LINKBASE EX-101.DEF 11 rgr-20121231_def.xml XBRL TAXONOMY EXTENSION DEFINITION LINKBASE EX-101.LAB 12 rgr-20121231_lab.xml XBRL TAXONOMY EXTENSION LABEL LINKBASE Trade accounts payable and accrued expenses Accounts Payable and Accrued Liabilities, Current Trade receivables, net Accounts Receivable, Net, Current Income taxes payable Accrued Income Taxes, Current Less allowances for depreciation Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment Accumulated other comprehensive loss Accumulated Other Comprehensive Income (Loss), Net of Tax Additional Paid in Capital, Common Stock Additional paid-in capital Assets Total Assets Assets [Abstract] Assets Assets, Current Total Current Assets Assets, Current [Abstract] Current Assets Cash and cash equivalents Cash and Cash Equivalents, at Carrying Value Class of Stock [Domain] Contingent liabilities - Note 16 Commitments and Contingencies Voting Common Stock [Member] Common Stock [Member] Common Stock Common Stock, Value, Issued Deferred income taxes Deferred Tax Assets, Net, Current Deferred income taxes Deferred Tax Assets, Net, Noncurrent Employee compensation and benefits Employee-related Liabilities, Current Gross inventories Inventory, Gross Less LIFO reserve Inventory, LIFO Reserve Net inventories Inventory, Net Less excess and obsolescence reserve Inventory Valuation Reserves Liabilities and Equity Total Liabilities and Stockholders' Equity Liabilities and Equity [Abstract] Liabilities and Stockholders' Equity Liabilities, Current Total Current Liabilities Liabilities, Current [Abstract] Current Liabilities Nonvoting Common Stock [Member] Other Assets, Noncurrent Other assets Pension and Other Postretirement and Postemployment Benefit Plans, Liabilities, Noncurrent Accrued pension liability Prepaid Expense and Other Assets, Current Prepaid expenses and other current assets Product Liability Accrual Noncurrent Carrying value as of the balance sheet date of obligations incurred through that date which includes the cost of outside legal fees, insurance, and other expenses incurred in the management and defense of product liability matters and due after one year (or beyond the operating cycle if longer). Product liability Product Liability Current Carrying value as of the balance sheet date of obligations incurred through that date which includes the cost of outside legal fees, insurance, and other expenses incurred in the management and defense of product liability matters For classified balance sheets, represents the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Product liability Property, Plant and Equipment, Gross Property, plant and equipment Property, Plant and Equipment, Net Net property, plant and equipment Retained earnings Retained Earnings (Accumulated Deficit) Class of Stock [Axis] Statement [Line Items] Balance Sheets [Abstract] Statement [Table] Total Stockholders' Equity Stockholders' Equity Attributable to Parent Stockholders' Equity Stockholders' Equity Attributable to Parent [Abstract] Treasury Stock, Value Less: Treasury stock - at cost 2012 and 2011 - 4,299,434 shares Workers' compensation Workers' Compensation Liability, Current Common Stock, Par or Stated Value Per Share Common Stock, par value per share Common Stock, Shares Authorized Common Stock, shares authorized Common Stock, Shares, Issued Common Stock, shares issued Common Stock, shares outstanding Common Stock, Shares, Outstanding Nonvoting Common Stock [Member] Treasury Stock, Shares Treasury stock, shares Adjustments to reconcile net income to cash provided by operating activities: Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities [Abstract] Cash and cash equivalents at beginning of period Cash and cash equivalents at end of period (Decrease) increase in cash and cash equivalents Cash and Cash Equivalents, Period Increase (Decrease) Deferred Other Tax Expense (Benefit) Deferred income taxes Depreciation, Depletion and Amortization Depreciation and amortization Tax benefit from exercise of stock options Excess Tax Benefit (Tax Deficiency) from Share-based Compensation, Financing Activities Gain (Loss) on Sale of Property Plant Equipment Loss (gain) on sale of assets Trade accounts payable and accrued expenses Increase (Decrease) in Accounts Payable and Accrued Liabilities Increase (Decrease) in Accounts Receivable Trade receivables Income taxes payable Increase (Decrease) in Income Taxes Payable Employee compensation and benefits Increase (Decrease) in Employee Related Liabilities Increase (Decrease) in Inventories Inventories Changes in operating assets and liabilities: Increase (Decrease) in Operating Capital [Abstract] Increase Decrease In Prepaid Expense Other Assets And Other Liabilities The increase (decrease) during the reporting period in the value of prepaid expenses , other assets and other liabilities not separately disclosed in the statement of cash flows. Prepaid expenses, other assets and other liabilities Increase Decrease In Product Liability The net change during the reporting period in the Product liability expense which includes the cost of outside legal fees, insurance, and other expenses incurred in the management and defense of product liability matters. Product liability Excess and obsolescence inventory reserve Inventory Write-down Net Cash Provided by (Used in) Financing Activities Cash used for financing activities Net Cash Provided by (Used in) Financing Activities [Abstract] Financing Activities Net Cash Provided by (Used in) Investing Activities Cash (used for) provided by investing activities Net Cash Provided by (Used in) Investing Activities [Abstract] Investing Activities Net Cash Provided by (Used in) Operating Activities Cash provided by operating activities Net Cash Provided by (Used in) Operating Activities [Abstract] Operating Activities Net income Impairment charge Payments for Repurchase of Common Stock Repurchase of common stock Payments of Ordinary Dividends, Common Stock Dividends paid Payments Related to Tax Withholding for Share-based Compensation Payment of employee withholding tax related to share-based compensation Payments to Acquire Held-to-maturity Securities Purchases of short-term investments Property, plant and equipment additions Proceeds from Sale and Maturity of Held-to-maturity Securities Proceeds from sales or maturities of short-term investments Proceeds from Sale of Property, Plant, and Equipment Proceeds from sale of assets Proceeds from Stock Options Exercised Proceeds from exercise of stock options Statements of Cash Flows [Abstract] Damages From Product Defects [Member] Damages from Product Defects [Member] Loss Contingency Nature [Axis] Loss Contingencies [Line Items] Loss Contingencies [Table] Loss Contingency, Damages Sought, Value Total amount of damages claimed Loss Contingency, Nature [Domain] Loss Contingency, Pending Claims, Number Number of lawsuits against the company Product Liability Accrual, Period Expense Product liability expense Threshold Limit Of Aggregate Loss For Insurance Coverage On Annual Basis Excluding New Claims From Governments Or Municipalities Represents maximum limit of aggregate loss incurred annually for providing insurance coverage on annual basis excluding for certain new claims from governments or municipalities. Maximum limit of aggregate loss incurred annually for providing insurance coverage on annual basis Threshold Limit Of Losses Per Transaction For Taking Insurance Coverage On Annual Basis Represents minimum limit of per claim for providing insurance coverage on annual basis. Minimum limit of per claim for providing insurance coverage on annual basis Contingent Liabilities [Abstract] Legal Matters and Contingencies [Text Block] Contingent Liabilities Schedule of Stock Option Activity Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block] Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block] Schedule of Assumptions Used to Estimate Fair Value Cash dividends per share Common Stock, Dividends, Per Share, Declared Cost of products sold Cost of Goods Sold Fully diluted earnings per share General and administrative General and Administrative Expense Gross profit Income before income taxes Statements of Income and Comprehensive Income [Abstract] Income taxes Income Tax Expense (Benefit) Interest income Net income Nonoperating Income (Expense) Total other income, net Nonoperating Income (Expense) [Abstract] Other income: Operating Expenses Total operating expenses Operating Expenses [Abstract] Operating expenses: Operating Income (Loss) Operating income Other Comprehensive Income (Loss), Net of Tax [Abstract] Defined benefit pension plans Other operating expenses (income), net Other Nonoperating Income (Expense) Other income, net Royalty income Selling Selling Expense Unaffiliated Castings [Member] A component of an entity for which there is an accounting requirement to report separate financial information on that component in the entity's financial statements. Net castings sales [Member] Comprehensive Income (Loss), Net Of Tax, Attributable To Parent Comprehensive income Interest Expense Interest expense Investment Income, Interest Royalty Revenue Other comprehensive (loss) income, net of tax: Accumulated Other Comprehensive Loss [Member] Accumulated Other Comprehensive Income (Loss) [Member] Additional Paid-in Capital [Member] Stock-based compensation Adjustments to Additional Paid in Capital, Share-based Compensation, Requisite Service Period Recognition Exercise of stock options and vesting of RSU's Tax benefit realized from exercise of stock options and vesting of RSU's Adjustments to Additional Paid in Capital, Income Tax Benefit from Share-based Compensation Dividends paid Dividends, Common Stock Dividends, Paid-in-kind Unpaid dividends accrued Equity Component [Domain] Increase (Decrease) in Stockholders' Equity [Roll Forward] Increase (Decrease) in Stockholders' Equity [Roll Forward] Pension liability, net of deferred taxes Retained Earnings [Member] Equity Components [Axis] Statements of Stockholder's Equity [Abstract] Balance Balance Common stock issued - compensation plans Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures Stock Repurchased During Period, Value Repurchase shares of common stock Treasury Stock [Member] Adjustments To Additional Paid In Capital, Share-Based Compensation, Restricted Stock Units, Requisite Service Period Recognition Amendment Flag Current Fiscal Year End Date Entity Current Reporting Status Entity Public Float Entity Voluntary Filers Entity Well-Known Seasoned Issuer Document and Entity Information [Abstract] Document and Entity Information [Abstract] Document Fiscal Period Focus Document Fiscal Year Focus Document Period End Date Document Type Entity Central Index Key Entity Common Stock, Shares Outstanding Entity Filer Category Entity Registrant Name Trading Symbol Shares reserved for future issuance Common Stock, Capital Shares Reserved for Future Issuance Employee Service Share-based Compensation, Nonvested Awards, Total Compensation Cost Not yet Recognized, Period for Recognition Unrecognized compensation cost, recognition period Unrecognized compensation expense Employee Service Share-based Compensation, Nonvested Awards, Total Compensation Cost Not yet Recognized, Share-based Awards Other than Options Plan Name [Axis] Plan Name [Domain] Schedule of Share-based Compensation Arrangements by Share-based Payment Award [Table] Share-based Compensation Stock-based compensation Share-based Compensation Arrangement by Share-based Payment Award [Line Items] Shares available for future grants Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Intrinsic Value Stock Incentive Plan 2007 [Member] Stock Incentive Plan 2007 [Member] 2007 SIP [Member] Stock Options [Member] Stock Options [Member] Two Thousand One Stock Option Plan For Non Employee Directors [Member] 2001 Stock Option Plan for Non-Employee Directors [Member] 2001 Plan [Member] Aggregate intrinsic value Allocated Share-based Compensation Expense Compensation expense recognized Award Type [Axis] Maximum [Member] Maximum [Member] Minimum [Member] Minimum [Member] Range [Axis] Range [Domain] Restricted Stock Units [Member] Restricted Stock Units (RSUs) [Member] Vesting period of compensation expense not yet recognized Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period Restricted stock units issued Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period Award Type [Domain] Two Thousand Eleven [Member] Two Thousand Eleven [Member] 2011 [Member] Identifiable Assets Castings [Member] Castings [Member] Castings [Member] Castings Net [Member] Castings, net [Member] Castings, net [Member] Corporate [Member] Corporate [Member] Depreciation Depreciation Firearms [Member] Firearms [Member] Firearms [Member] Income (Loss) Before Income Taxes Income (Loss) from Continuing Operations before Income Taxes, Extraordinary Items, Noncontrolling Interest Eliminations [Member] Intersegment Elimination [Member] Intersegment [Member] Intersegment [Member] Intersegment [Member] Capital Expenditures Payments to Acquire Property, Plant, and Equipment Net Sales Sales Revenue, Goods, Net Schedule of Segment Reporting Information, by Segment [Table] Segment [Domain] Segment Reporting Information [Line Items] Business Segments [Axis] Unaffiliated [Member] Unaffiliated [Member] Unaffiliated [Member] Employee Benefit Plans [Abstract] Pension and Other Postretirement Benefits Disclosure [Text Block] Employee Benefit Plans Earnings Per Share [Abstract] Earnings Per Share [Text Block] Earnings Per Share Dilutive effect of options and restricted stock units outstanding under the Company's employee compensation plans Incremental Common Shares Attributable to Share-based Payment Arrangements Net Income (Loss) Attributable to Parent Net income Net Income (Loss) Attributable to Parent [Abstract] Numerator: Weighted average number of common shares outstanding - Diluted Weighted Average Number of Shares Outstanding, Diluted Denominator: Weighted Average Number of Shares Outstanding, Diluted [Abstract] Weighted Average Number of Shares Outstanding, Basic Weighted average number of common shares outstanding - Basic Schedule of Reconciliation of Numerator and Denominator for Basic and Diluted Earnings Per Share Schedule of Calculation of Numerator and Denominator in Earnings Per Share [Table Text Block] Finished goods Inventory, Finished Goods, Gross Inventory Gross Before Adjustments Inventory Gross Before Adjustments Inventory gross Adjustment of inventories to a LIFO basis Materials and products in process Inventory, Work in Process and Raw Materials Income Taxes [Abstract] Income Taxes Income Tax Disclosure [Text Block] Inventories [Abstract] Inventory Disclosure [Text Block] Inventories Schedule of Inventory, Current [Table Text Block] Schedule of Inventories Income tax payments Income Taxes Paid, Net Line of Credit [Abstract] Line Of Credit Facilities [Text Block] Line of Credit The entire disclosure for short-term or long-term contractual arrangements with lenders, including letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Credit Facility [Domain] Line of Credit Facility [Axis] Line Of Credit Facility Basis Spread On Variable Rate Line of credit basis points The percentage points added to the reference rate to compute the variable rate on the debt instrument. Line of Credit Facility, Expiration Date Revolving credit facility, expiration date Line of Credit Facility, Interest Rate Description Description of interest rate of credit facility Line of Credit Facility [Line Items] Line of Credit Facility, Maximum Borrowing Capacity Credit facility with a bank Line Of Credit Facility Reference Rate Percentage The reference rate percentage at the end of the reporting period. Line of credit interest rate (in percent) Line of Credit Facility [Table] Line of Credit Facility [Table] Line of Credit Facility, Unused Capacity, Commitment Fee Percentage Line of credit unused portion per year (in percent) Line of Credit [Member] Credit Facility [Member] Schedule of Segment Reporting Information, by Segment [Table Text Block] Schedule of Operating Segment Financial Information Advertising Cost, Policy, Expensed Advertising Cost [Policy Text Block] Advertising Costs Cash and Cash Equivalents, Policy [Policy Text Block] Cash and Cash Equivalents Consolidation, Policy [Policy Text Block] Preparation of Financial Statements Cost Method Investments, Policy [Policy Text Block] Cost Method Investments Earnings Per Share, Policy [Policy Text Block] Earnings per Share Equity Method Investments, Policy [Policy Text Block] Equity Method Investments Impairment or Disposal of Long-Lived Assets, Policy [Policy Text Block] Long-lived Assets Income Tax, Policy [Policy Text Block] Income Taxes Inventory, Policy [Policy Text Block] Inventories Liability Reserve Estimate, Policy [Policy Text Block] Product Liability Organization [Policy Text Block] Disclosure of accounting policy for organization. Organization Property, Plant and Equipment, Policy [Policy Text Block] Property, Plant, and Equipment Receivables, Policy [Policy Text Block] Accounts Receivable Research and Development Expense, Policy [Policy Text Block] Research and Development Revenue Recognition, Policy [Policy Text Block] Revenue Recognition Shipping and Handling Cost, Policy [Policy Text Block] Shipping Costs Advertising Expense Advertising expenses Building [Member] Buildings [Member] Export Sales [Member] A component of an entity for which there is an accounting requirement to report separate financial information on that component in the entity's financial statements. Export firearm sales [Member] Net firearms sales [Member] Property, Plant and Equipment, Useful Life Useful life Research and Development Expense Research and development Percentage of sales Sales Revenue, Goods, Net, Percentage Shipping, Handling and Transportation Costs Shipping costs Tools and dies [Member] Compensation Plans [Abstract] Disclosure of Compensation Related Costs, Share-based Payments [Text Block] Compensation Plans Operating Segment Information [Abstract] Segment Reporting Disclosure [Text Block] Operating Segment Information Class of Treasury Stock [Table] Equity, Class of Treasury Stock [Line Items] Period One [Member] Period One [Member] 8/3/10-8/31/10 [Member] Period Three [Member] Period Three [Member] 1/4/11-1/29/11 [Member] Period Two [Member] Period Two [Member] 9/1/10-9/22/10 [Member] Share Repurchase Program [Axis] Share Repurchase Program [Axis] Share Repurchase Program [Domain] Share Repurchase Program [Domain] Total Number of Shres Purchased as Part of Publicly Announced Program Stock Repurchase Program, Number of Shares Authorized to be Repurchased Maximum Dollar Value of Shared that May Yet Be Puchased Under the Program Average Price Paid Per Share Treasury Stock Acquired, Average Cost Per Share Total Number of Shares Purchased Treasury Stock, Shares, Acquired Summary of Significant Accounting Policies [Abstract] Summary of Significant Accounting Policies Significant Accounting Policies [Text Block] Stock Repurchases [Abstract] Stock Repurchases [Abstract] Stock Repurchases Treasury Stock [Text Block] Schedule of Repurchase of Common Stock Schedule of Treasury Stock by Class [Table Text Block] Subsequent Events [Abstract] Subsequent Events [Text Block] Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Tax Deferred tax on pension liability Stock Repurchased During Period, Shares Repurchase of common stock, shares Loans, Notes, Trade and Other Receivables Disclosure [Text Block] Trade Receivables, Net Trade Receivables, Net [Abstract] Property, Plant and Equipment [Abstract] Property, Plant and Equipment Disclosure [Text Block] Property, Plant and Equipment Other Assets [Abstract] Other Assets Other Assets Disclosure [Text Block] Accounts Payable and Accrued Liabilities Disclosure [Text Block] Trade Accounts Payable and Accrued Expenses Trade Accounts Payable and Accrued Expenses [Abstract] Other Operating Expenses (Income), net [Abstract] Other Income and Other Expense Disclosure [Text Block] Other Operating Expenses (Income), net Quarterly Results of Operations (Unaudited) [Abstract] Quarterly Financial Information [Text Block] Quarterly Results of Operations (Unaudited) Financial Instruments [Abstract] Financial Instruments Disclosure [Text Block] Financial Instruments Dividends Payable Amount Per Share Subsequent Event Dividends Payable Amount Per Share Subsequent Event Dividend authorized Subsequent Event [Line Items] Subsequent Event [Member] Subsequent Event [Table] Subsequent Event Type [Axis] Subsequent Event Type [Domain] Property, Plant and Equipment [Table Text Block] Schedule of Property, Plant and Equipment Building and Building Improvements [Member] Buildings and improvements [Member] Land and Land Improvements [Member] Land and improvements [Member] Machinery and Equipment [Member] Machinery and equipment [Member] Property, Plant and Equipment, Type [Axis] Property, Plant and Equipment [Line Items] Property, Plant and Equipment, Type [Domain] Schedule of Property, Plant and Equipment [Table] Tools, Dies and Molds [Member] Dies and tools [Member] Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block] Schedule of Trade Receivables Accounts, Notes, Loans and Financing Receivable [Line Items] Accounts, Notes, Loans and Financing Receivable [Line Items] Accounts Receivable, Gross, Current Trade receivables Accounts Receivable [Member] Trade receivables [Member] Allowance For Discounts Accounts Receivable Current Allowance For Discounts Accounts Receivable Current Allowance for discounts Allowance for Doubtful Accounts Receivable, Current Allowance for doubtful accounts Concentration Risk Benchmark [Domain] Concentration Risk Benchmark [Axis] Concentration Risk Type [Axis] Concentration Risk Type [Axis] Percentage of customers Concentration Risk [Table] Concentration Risk [Table] Concentration Risk Type [Domain] Concentration Risk Type [Domain] Customer Four [Member] Customer Four [Member] Customer four [Member] Customer One [Member] Customer One [Member] Customer one [Member] Customer Three [Member] Customer Three [Member] Customer three [Member] Customer Two [Member] Customer Two [Member] Customer two [Member] Trade receivables, net Schedule of Other Assets [Table Text Block] Schedule of Other Assets Cost Method Investments Investment in equity securities, carried at cost Deposit Assets Deposits on capital items Equity Method Investments Investment in equity securities, equity method Accumulated amortization Finite-Lived Intangible Assets [Line Items] Finite-Lived Intangible Assets, Net Software development costs Finite-Lived Patents, Gross Patents, at cost Other Assets, Miscellaneous Other Schedule of Finite-Lived Intangible Assets [Table] Other assets Crossbow Manufacturer [Member] Crossbow Manufacturer [Member] Crossbow manufacturer [Member] Equity Method Investee, Name [Domain] Equity Method Investment, Ownership Percentage Ownership interest Estimated Finite Lived Intangible Assets Accumulated Amortization Next Twelve Months Estimated accumulated amortization, 2013 Estimated Finite Lived Intangible Assets Accumulated Amortization Year Five Estimated Finite Lived Intangible Assets Accumulated Amortization Year Five Estimated accumulated amortization, 2017 Estimated Finite Lived Intangible Assets Accumulated Amortization Year Four Estimated Finite Lived Intangible Assets Accumulated Amortization Year Four Estimated accumulated amortization, 2016 Estimated Finite Lived Intangible Assets Accumulated Amortization Year Three Estimated Finite Lived Intangible Assets Accumulated Amortization Year Three Estimated accumulated amortization, 2015 Estimated Finite Lived Intangible Assets Accumulated Amortization Year Two Estimated Finite Lived Intangible Assets Accumulated Amortization Year Two Estimated accumulated amortization, 2014 Finite-Lived Intangible Assets, Accumulated Amortization Accumulated amortization Finite-Lived Intangible Assets by Major Class [Axis] Finite-Lived Intangible Assets, Major Class Name [Domain] Kodabow Inc [Member] Kodabow Inc [Member] Kodabow [Member] Other Asset Impairment Charges Patents [Member] Equity Method Investee, Name [Axis] Schedule of Equity Method Investments [Line Items] Schedule of Equity Method Investments [Table] Software Development [Member] Software development [Member] Impairment charge Class of Treasury Stock [Table] Equity, Class of Treasury Stock [Line Items] Amount authorized for share repurchases Stock Repurchase Program, Remaining Authorized Repurchase Amount Schedule of Accounts Payable and Accrued Liabilities [Table Text Block] Schedule of Trade Accounts Payable and Accrued Expenses Accounts Payable and Accrued Liabilities Trade accounts payable and accrued expenses Accounts Payable Trade accounts payable Accrued Liabilities Accrued expenses Schedule of Accumulated Benefit Obligations in Excess of Fair Value of Plan Assets [Table Text Block] Schedule of Pension Plans with an Accumulated Benefit Obligation in Excess of Plan Assets Schedule of Allocation of Plan Assets [Table Text Block] Schedule of Defined Benefit Plans' Assets at Fair Value Schedule of Amounts Recognized in Balance Sheet [Table Text Block] Schedule of Amounts Recognized on the Balance Sheet Schedule of Assumptions Used [Table Text Block] Schedule of Weighted Average Assumptions Schedule Of Assumptions Used To Calculate Net Periodic Benefit Cost Table Text Block Tabular disclosure of the assumptions used to determine for pension plans and/or other employee benefit plans the benefit obligation and net benefit cost, including assumed discount rates, rate increase in compensation increase, and expected long-term rates of return on plan assets. Schedule of Weighted Average Assumptions Used to Determine Net Periodic Benefit Cost Schedule of Changes in Fair Value of Plan Assets [Table Text Block] Schedule of Changes in Plan Assets Schedule of Changes in Projected Benefit Obligations [Table Text Block] Reconciliation of Change in Benefit Obligation Schedule of Defined Benefit Plans Disclosures [Table Text Block] Schedule of Pension Weighted Average Asset Allocations Schedule of Net Benefit Costs [Table Text Block] Schedule of Components of Net Periodic Pension Cost Schedule of Net Funded Status [Table Text Block] Schedule of Funded Status Schedule of Deferred Tax Assets and Liabilities [Table Text Block] Schedule of Deferred Tax Assets and Liabilities Schedule of Effective Income Tax Rate Reconciliation [Table Text Block] Schedule of Effective Income Tax Rate Reconciliation Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block] Schedule of Federal and State Income Tax Provision Other Income And Expenses [Table Text Block] Other Income And Expenses [Table Text Block] Schedule of Other Operating Expenses (Income), Net Defined Benefit Pension Plan Expense Income Defined Benefit Pension Plan Expense Income Frozen defined-benefit pension plan expense (income) Gain (Loss) on Sale of Other Assets (Gain) loss on sale of operating assets Total other operating expenses (income), net Other Expenses Schedule of Quarterly Financial Information [Table Text Block] Schedule of Quarterly Financial Information Basic earnings per share Earnings Per Share, Basic Earnings Per Share, Diluted Gross profit Gross Profit Diluted earnings per share Product Liability Contingencies [Table Text Block] Schedule of Product Liability Expense Schedule of Product Warranty Liability [Table Text Block] Reconciliation of Product Liability Reserve Product Liability Reserve [Member] Product Liability Reserve [Member] Product liability reserve [Member] Valuation Allowances and Reserves, Balance Balance at Beginning of Period Balance at End of Period Valuation Allowances and Reserves, Charged to Cost and Expense Accrued Legal Expense (Income) Valuation Allowances and Reserves [Domain] Valuation Allowances And Reserves Legal Fees Valuation Allowances And Reserves Legal Fees Legal Fees Valuation Allowances And Reserves Settlements Valuation Allowances And Reserves Settlements Settlements Valuation Allowances and Reserves Type [Axis] Valuation and Qualifying Accounts Disclosure [Line Items] Valuation and Qualifying Accounts Disclosure [Table] Accrued Legal Expense [Member] Accrued Legal Expense [Member] Product Insurance Premium Expense [Member] Product Insurance Premium Expense [Member] Insurance Premium Expense [Member] Product Liability Contingency [Line Items] Product Liability Contingency [Line Items] Product Liability Contingency [Table] Product Liability Contingency [Table] Products and Services [Axis] Products and Services [Axis] Products and Services [Domain] Products and Services [Domain] Deferred Compensation Arrangement with Individual, Compensation Expense Compensation expense Title of Individual [Axis] Deferred Compensation Arrangement with Individual, Share-based Payments [Line Items] Deferred Compensation Arrangement with Individual, Shares Issued Deferred stock awards issued Director [Member] Non-employee directors [Member] Schedule of Deferred Compensation Arrangement with Individual, Share-based Payments [Table] Title of Individual with Relationship to Entity [Domain] Vesting April Two Thousand Eleven [Member] Vesting April 2011 [Member] April 2011 [Member] Vesting April Two Thousand Fifteen [Member] Vesting April 2015 [Member] April 2015 [Member] Vesting April Two Thousand Fourteen [Member] Vesting April 2014 [Member] April 2014 [Member] Vesting April Two Thousand Thirteen [Member] Vesting April 2013 [Member] April 2013 [Member] Vesting April Two Thousand Twelve [Member] Vesting April 2012 [Member] April 2012 [Member] Vesting Period [Axis] Vesting Period [Axis] Vesting Period [Domain] Vesting Period [Domain] Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Dividend Rate Dividend yield Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Term Expected lives Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate Expected volatility Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate Risk free rate of return Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate, Maximum Average risk-free rate of return, maximum Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate, Minimum Average risk-free rate of return, minimum Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number Non-Vested Options Outstanding at December 31, 2012 Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value Non-Vested Options Outstanding at December 31, 2012 Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Outstanding, Weighted Average Remaining Contractual Terms Non-Vested Options Outstanding at December 31, 2012 Share-based Compensation Arrangement by Share-based Payment Award, Options, Additional Disclosures [Abstract] Weighted-Average Grant Date Fair Value Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Number Exercisable Options Outstanding at December 31, 2012 Exercisable Options Outstanding at December 31, 2012 Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Weighted Average Exercise Price Share Based Compensation Arrangement By Share Based Payment Award, Options Exercisable, Weighted Average Grant Date Fair Value Share-Based Compensation Arrangement By Share-Based Payment Award, OptionsExercisable, Weighted-Average Grant Date Fair Value Exercisable Options Outstanding at December 31, 2012 Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Weighted Average Remaining Contractual Term Exercisable Options Outstanding at December 31, 2012 Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Weighted Average Grant Date Fair Value Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Weighted Average Grant Date Fair Value Exercised Share-based Compensation Arrangement by Share-based Payment Award, Options, Forfeitures in Period Canceled Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period Weighted Average Grant Date Fair Value Canceled Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Net of Forfeitures Granted Granted Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Exercises In Period Weighted Average Remaining Contractual Term 2 Share-based Compensation Arrangement By Share-based Payment Award Options Outstanding Exercises In Period Weighted Average Remaining Contractual Term 2 Exercised Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Forfeitures In Period Weighted Average Remaining Contractual Term 2 Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Forfeitures In Period Weighted Average Remaining Contractual Term 2 Canceled Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Grants In Period Weighted Average Remaining Contractual Term 2 Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Grants In Period Weighted Average Remaining Contractual Term 2 Granted Outstanding at Beginning of year Outstanding at End of year Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward] Shares Outstanding at Beginning of year Outstanding at End of year Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price Weighted-Average Exercise Price Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price [Roll Forward] Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Grant Date Fair Value The weighted average grant-date fair value of options outstanding in the reporting period as calculated by applying the disclosed option pricing methodology. Outstanding at End of year Outstanding at Beginning of year Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Remaining Contractual Term Outstanding Share Based Compensation Arrangement By Share Based Payment Award, Options, Weighted Average Remaining Contractual Life [Abstract] Weighted-Average Remaining Contractual Life Exercised Share-based Compensation Arrangements by Share-based Payment Award, Options, Exercises in Period, Weighted Average Exercise Price Share-based Compensation Arrangements by Share-based Payment Award, Options, Forfeitures in Period, Weighted Average Exercise Price Canceled Granted Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price Share Based Compensation Arrangements By Share Based Payment Award Options Other Than Options Nonvested Weighted Average Exercise Price Non-Vested Options Outstanding at December 31, 2012 Exercised Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period Concentration Risk Benchmark [Domain] Concentration Risk Benchmark [Axis] Concentration Risk, Percentage Percentage of customers Davidsons [Member] Davidsons [Member] Davidson's [Member] Revenue, Major Customer [Line Items] Jerrys And Ellett Brothers [Member] Jerry's/Ellett Brothers [Member] Jerry's/Ellett Brothers [Member] Lipseys [Member] Lipsey's [Member] Lipsey's [Member] Major Customers [Axis] Name of Major Customer [Domain] Number of Operating Segments Number of operating segments Sales Revenue, Goods, Net [Member] Schedule of Revenue by Major Customers, by Reporting Segments [Table] Segment, Geographical [Domain] Sports South [Member] Sports South [Member] Geographical [Axis] UNITED STATES [Member] Unites States [Member] Sales [Member] Total contributions to the plan during the remainder of fiscal year Employer contributions Defined Benefit Plan, Contributions by Employer Defined Benefit Plan Contributions By Employer For Remainder Of Fiscal Year Amount of contributions made by the employer to the plan during the remainder of fiscal year. Defined Benefit Plan Disclosure [Line Items] Defined Benefit Plan Disclosure [Line Items] Defined Benefit Plan, Expected Future Benefit Payments, Fiscal Year Maturity [Abstract] Estimated future benefit payments for defined-benefit plans Minimum contributions for plan Defined Benefit Plan, Estimated Future Employer Contributions in Current Fiscal Year Defined Benefit Plan, Estimated Future Employer Contributions in Next Fiscal Year Estimated contributions in 2013 Defined Benefit Plan, Expected Future Benefit Payments, Five Fiscal Years Thereafter 2018 - 2021 Defined Benefit Plan, Expected Future Benefit Payments, Next Twelve Months 2013 Defined Benefit Plan, Expected Future Benefit Payments, Year Five 2017 Defined Benefit Plan, Expected Future Benefit Payments, Year Four 2016 Defined Benefit Plan, Expected Future Benefit Payments, Year Three 2015 Defined Benefit Plan, Expected Future Benefit Payments, Year Two 2014 Defined Benefit Plans and Other Postretirement Benefit Plans [Axis] Defined Benefit Plans and Other Postretirement Benefit Plans [Axis] Defined Benefit Plans and Other Postretirement Benefit Plans [Domain] Defined Benefit Plans and Other Postretirement Benefit Plans [Domain] Defined Benefit Plan, Target Allocation Percentage Defined benefit plan, description of plan target allocations Expenses related to defined contribution plan Defined Contribution Plan, Administrative Expenses Defined Contribution Plan, Cost Recognized Contributions to employee benefits plan Discretionary contributions to employee benefit plan Defined Contribution Plan, Employer Discretionary Contribution Amount Estimated Cost For Defined Benefit Plans The amount represents the total cost estimated by the company for defined benefit plans. Estimated cost for defined benefit plans Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Adjustment, Net of Tax Pension liability, net of deferred taxes Pension Plans, Defined Benefit [Member] Frozen defined benefit plans [Member] Schedule of Defined Benefit Plans Disclosures [Table] Schedule of Defined Benefit Plans Disclosures [Table] Defined Benefit Plan, Actuarial Gain (Loss) Actuarial loss Defined Benefit Plan, Benefit Obligation Benefit obligation at beginning of year Benefit obligation at end of year Defined Benefit Plan, Benefits Paid Benefits paid Defined Benefit Plan, Interest Cost Interest cost Defined Benefit Plan, Service Cost Service cost Defined Benefit Plan, Actual Return on Plan Assets Actual return on plan assets Benefits paid Defined Benefit Plan, Fair Value of Plan Assets Fair value of plan assets at beginning of year Fair value of plan assets at end of year Defined Benefit Plan, Amortization of Prior Service Cost (Credit) Prior service cost recognized Defined Benefit Plan, Expected Return on Plan Assets Expected return on plan assets Defined Benefit Plan, Net Periodic Benefit Cost Net periodic pension cost Defined Benefit Plan, Recognized Net Gain (Loss) Due to Settlements and Curtailments Recognized gains Defined Benefit Plan, Assumptions Used Calculating Benefit Obligation, Discount Rate Discount rate Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Expected Long Term Return On Assets Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Expected Long Term Return On Assets Expected long-term return on plan assets Defined Benefit Plan, Assumptions Used Calculating Benefit Obligation, Rate of Compensation Increase Rate of compensation increases Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Discount Rate Discount rate Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Rate of Compensation Increase Rate of compensation increases Debt Securities [Member] Defined Benefit Plan, Actual Plan Asset Allocations Asset allocations Equity Securities [Member] Equity securities [Member] Debt securities [Member] Funded status Net amount recognized Defined Benefit Plan, Amounts Recognized in Other Comprehensive Income (Loss), Net Gain (Loss), before Tax Unrecognized net actuarial loss Defined Benefit Plan, Amounts Recognized in Other Comprehensive Income (Loss), Net Prior Service Cost, before Tax Unrecognized prior service cost Deferred tax asset Deferred Tax Assets, Tax Deferred Expense, Compensation and Benefits, Pensions Pension and Other Postretirement Benefit Plans, Accumulated Other Comprehensive Income (Loss), before Tax Nat amount recognized Defined Benefit Plan, Accumulated Other Comprehensive Income (Loss), after Tax Accumulated other comprehensive loss, net of tax Defined Benefit Plan, Funded Status of Plan Accrued benefit liability Defined Benefit Plan, Pension Plans with Accumulated Benefit Obligations in Excess of Plan Assets, Aggregate Accumulated Benefit Obligation Accumulated benefit obligation Defined Benefit Plan, Pension Plans with Accumulated Benefit Obligations in Excess of Plan Assets, Aggregate Fair Value of Plan Assets Fair value of plan assets Defined Benefit Plan, Pension Plans with Accumulated Benefit Obligations in Excess of Plan Assets, Aggregate Projected Benefit Obligation Projected benefit obligation Corporate Debt Securities [Member] Corporate bond funds [Member] Defined Benefit Plan, Asset Categories [Axis] Fair value of plan assets International Equity Funds [Member] International equity funds [Member] An investment, catagorized as international, that pools funds from many investors to invest in a combination of underlying investments, primarily equity investments. Large Cap Equity Funds [Member] U.S. large-cap equity funds [Member] An investment, catagorized as large market capitalization, that pools funds from many investors to invest in a combination of underlying investments, primarily equity investments. Mid Cap Equity Funds [Member] U.S. mid-cap equity funds [Member] An investment, catagorized as middle market capitalization, that pools funds from many investors to invest in a combination of underlying investments, primarily equity investments. Money Market Funds [Member] Money market fund [Member] Plan Asset Categories [Domain] Real Estate [Member] Domestic real estate funds [Member] Small Cap Equity Funds [Member] U.S. small cap equity funds [Member] An investment, catagorized as small market capitalization, that pools funds from many investors to invest in a combination of underlying investments, primarily equity investments. Current Federal Tax Expense (Benefit) Federal, current Current Income Tax Expense (Benefit) Current Current Income Tax Expense (Benefit) [Abstract] Current Current State and Local Tax Expense (Benefit) State, current Deferred Federal Income Tax Expense (Benefit) Federal, deferred Deferred Income Tax Expense (Benefit) Deferred Income Tax Expense (Benefit) [Abstract] Deferred Deferred State and Local Income Tax Expense (Benefit) State, deferred Deferred Effective income tax rate Effective Income Tax Rate, Continuing Operations Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate Statutory federal income tax rate Effective Income Tax Rate Reconciliation, Deductions, Other Domestic production activities deduction Effective Income Tax Rate Reconciliation, Other Adjustments Other items Effective Income Tax Rate Reconciliation, State and Local Income Taxes State income taxes, net of federal tax benefit Deferred tax assets: Components of Deferred Tax Assets [Abstract] Components of Deferred Tax Liabilities [Abstract] Deferred tax liabilities: Deferred Tax Assets, Inventory Inventories Deferred Tax Assets, Net Net deferred tax assets Deferred Tax Assets, Net of Valuation Allowance Total deferred tax assets Deferred Tax Assets, Other Other Deferred Tax Assets Product Liability Deferred Tax Assets Product Liability Product liability Deferred Tax Assets, Tax Deferred Expense, Compensation and Benefits, Employee Compensation Employee compensation and benefits Additional minimum pension liability Deferred Tax Assets, Tax Deferred Expense, Compensation and Benefits, Share-based Compensation Cost Stock-based compensation Deferred Tax Assets, Tax Deferred Expense, Reserves and Accruals, Allowance for Doubtful Accounts Allowances for doubtful accounts and discounts Deferred Tax Liabilities, Net Total deferred tax liabilities Deferred Tax Liabilities, Deferred Expense Depreciation Deferred Tax Liabilities, Other Other Deferred Tax Liabilities, Prepaid Pension Costs Pension and other benefits Schedule of Valuation and Qualifying Accounts Disclosure [Text Block] Schedule II-Valuation and Qualifying Accounts [Abstract] Schedule II-Valuation and Qualifying Accounts Excess and obsolete inventory reserve [Member] Allowance for Doubtful Accounts [Member] Allowance for doubtful accounts [Member] Allowance for Promotions [Member] Allowance for discounts [Member] Inventory Valuation Reserve [Member] Valuation Allowances and Reserves, Deductions Deductions EX-101.PRE 13 rgr-20121231_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE XML 14 R39.htm IDEA: XBRL DOCUMENT v2.4.0.6
Operating Segment Information (Tables)
12 Months Ended
Dec. 31, 2012
Operating Segment Information [Abstract]  
Schedule of Operating Segment Financial Information
Year ended December 31,   2012     2011     2010  
Net Sales                        
Firearms   $ 484,933     $ 324,200     $ 251,680  
Castings                        
Unaffiliated     6,891       4,616       3,526  
Intersegment     26,462       18,122       14,677  
      33,353       22,738       18,203  
Eliminations     (26,462 )     (18,122 )     (14,677 )
    $ 491,824     $ 328,816     $ 255,206  
Income (Loss) Before Income Taxes                        
Firearms   $ 113,660     $ 66,484     $ 48,160  
Castings     (1,858 )     (2,254 )     (1,637 )
Corporate     307       (714 )     (2,374 )
    $ 112,109     $ 63,516     $ 44,149  
Identifiable Assets                        
Firearms   $ 120,879     $ 103,545     $ 82,179  
Castings     6,467       5,290       4,683  
Corporate     47,140       97,675       70,899  
    $ 174,486     $ 206,510     $ 157,761  
Depreciation                        
Firearms   $ 13,413     $ 11,373     $ 8,502  
Castings     823       775       705  
    $ 14,236     $ 12,148     $ 9,207  
Capital Expenditures                        
Firearms   $ 26,773     $ 20,719     $ 18,904  
Castings     509       1,416       505  
    $ 27,282     $ 22,135     $ 19,409  

 

XML 15 R54.htm IDEA: XBRL DOCUMENT v2.4.0.6
Employee Benefit Plans (Schedule of Weighted Average Assumptions) (Details)
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Employee Benefit Plans [Abstract]    
Discount rate 4.75% 5.25%
Expected long-term return on plan assets 8.00% 8.00%
Rate of compensation increases      
XML 16 R48.htm IDEA: XBRL DOCUMENT v2.4.0.6
Trade Accounts Payable and Accrued Expenses (Details) (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
Trade Accounts Payable and Accrued Expenses [Abstract]    
Trade accounts payable $ 13,387 $ 12,263
Accrued expenses 25,113 16,329
Trade accounts payable and accrued expenses $ 38,500 $ 28,592
XML 17 R70.htm IDEA: XBRL DOCUMENT v2.4.0.6
Compensation Plans (Schedule of Assumptions Used to Estimate Fair Value) (Details)
12 Months Ended
Dec. 31, 2012
Dec. 31, 2010
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]    
Dividend yield 2.90% 0.00%
Expected volatility 44.20% 40.00%
Risk free rate of return 4.00% 4.00%
Expected lives 2 years 10 months 24 days 6 years 8 months 12 days
XML 18 R55.htm IDEA: XBRL DOCUMENT v2.4.0.6
Employee Benefit Plans (Schedule of Components of Net Periodic Pension Cost) (Details) (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Employee Benefit Plans [Abstract]    
Service cost      
Interest cost 3,574 3,545
Expected return on plan assets (4,650) (4,738)
Recognized gains 1,481 1,034
Prior service cost recognized      
Net periodic pension cost $ 405 $ (159)
XML 19 R78.htm IDEA: XBRL DOCUMENT v2.4.0.6
Contingent Liabilities (Reconciliation of Product Liability Reserve) (Details) (Product liability reserve [Member], USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Product liability reserve [Member]
     
Valuation and Qualifying Accounts Disclosure [Line Items]      
Balance at Beginning of Period $ 1,746 [1] $ 1,022 [1] $ 2,082 [1]
Accrued Legal Expense (Income) (633) [2] 755 [2] (834) [2]
Legal Fees (52) [3] (31) [3] (64) [3]
Settlements (4) [4]    [4] (162) [4]
Balance at End of Period $ 1,057 [1] $ 1,746 [1] $ 1,022 [1]
[1] The beginning and ending liability balances represent accrued legal fees only. Settlements and administrative costs are expensed as incurred. Only in rare instances is an accrual established for settlements.
[2] The expense accrued in the liability is for legal fees only. In 2010 and 2012, the costs incurred related to cases that were settled or dismissed were less than the amounts accrued for these cases in prior years.
[3] Legal fees represent payments to outside counsel related to product liability matters.
[4] Settlements represent payments made to plaintiffs or allegedly injured parties in exchange for a full and complete release of liability.
XML 20 R46.htm IDEA: XBRL DOCUMENT v2.4.0.6
Other Assets (Schedule of Other Assets) (Details) (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Finite-Lived Intangible Assets [Line Items]      
Patents, at cost $ 5,021 $ 4,900  
Deposits on capital items 3,934 1,618  
Software development costs 2,057 2,057  
Investment in equity securities, equity method 125 969  
Investment in equity securities, carried at cost 1,206     
Other 549 474  
Other assets 9,568 7,289  
Patents [Member]
     
Finite-Lived Intangible Assets [Line Items]      
Accumulated amortization (2,826) (2,583) (200)
Software development [Member]
     
Finite-Lived Intangible Assets [Line Items]      
Accumulated amortization $ (498) $ (146)  
XML 21 R33.htm IDEA: XBRL DOCUMENT v2.4.0.6
Employee Benefit Plans (Tables)
12 Months Ended
Dec. 31, 2012
Employee Benefit Plans [Abstract]  
Reconciliation of Change in Benefit Obligation
Change in Benefit Obligation                
Benefit obligation at beginning of year   $ 77,230     $ 68,793  
Service cost     -       -  
Interest cost     3,574       3,545  
Actuarial loss     7,745       7,662  
Benefits paid     (3,033 )     (2,770 )
Benefit obligation at end of year     85,516       77,230  
     
Schedule of Changes in Plan Assets
Change in Plan Assets                
Fair value of plan assets at beginning of year     58,148       59,423  
Actual return on plan assets     7,619       (661 )
Employer contributions     3,156       2,156  
Benefits paid     (3,033 )     (2,770 )
Fair value of plan assets at end of year     65,890       58,148  
 
Schedule of Funded Status
Funded Status                
Funded status     (19,626 )     (19,082 )
Unrecognized net actuarial loss     47,016       43,719  
Unrecognized prior service cost     -       -  
Net amount recognized   $ 27,390     $ 24,637  

 

Schedule of Weighted Average Assumptions
Weighted Average Assumptions for the years ended December 31,   2012     2011  
Discount rate     4.75 %     5.25 %
Expected long-term return on plan assets     8.00 %     8.00 %
Rate of compensation increases     N/A       N/A  

 

Schedule of Components of Net Periodic Pension Cost
Components of Net Periodic Pension Cost   2012     2011  
Service cost   $ -     $ -  
Interest cost     3,574       3,545  
Expected return on assets     (4,650 )     (4,738 )
Recognized gains     1,481       1,034  
Prior service cost recognized     -       -  
Net periodic pension cost   $ 405     $ (159 )

 

Schedule of Amounts Recognized on the Balance Sheet
Amounts Recognized on the Balance Sheet   2012     2011  
Accrued benefit liability   $ (19,626 )   $ (19,082 )
Accumulated other comprehensive loss, net of tax     29,620       27,543  
Deferred tax asset     17,396       16,176  
    $ 27,390     $ 24,637  

 

Schedule of Weighted Average Assumptions Used to Determine Net Periodic Benefit Cost
Weighted Average Assumptions as of December 31,   2012     2011  
Discount rate     4.00 %     4.75 %
Rate of compensation increases     N/A       N/A  

 

Schedule of Pension Plans with an Accumulated Benefit Obligation in Excess of Plan Assets
Information for Pension Plans with an Accumulated Benefit
Obligation in excess of plan assets
  2012     2011  
Projected benefit obligation   $ 85,516     $ 77,230  
Accumulated benefit obligation   $ 85,516     $ 77,230  
Fair value of plan assets   $ 65,890     $ 58,148  

 

Schedule of Pension Weighted Average Asset Allocations
Pension Weighted Average Asset Allocations as of December 31,   2012     2011  
Debt securities     25 %     27 %
Equity securities     69 %     67 %
Real estate     5 %     5 %
Money market funds     1 %     1 %
      100 %     100 %

 

Schedule of Defined Benefit Plans' Assets at Fair Value

 

December 31,   2012     2011  
             
Pooled separate accounts:                
Equity securities:                
U.S. small cap equity funds   $ 7,637     $ 6,742  
U.S. mid-cap equity funds     18,626       16,037  
U.S. large-cap equity funds     5,848       5,236  
International equity funds     13,083       11,229  
Domestic real estate funds     3,640       3,136  
Fixed income securities:                
Corporate bond funds     16,510       15,459  
Money market fund     546       309  
    $ 65,890     $ 58,148  

 

XML 22 R79.htm IDEA: XBRL DOCUMENT v2.4.0.6
Contingent Liabilities (Schedule of Product Liability Expense) (Details) (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Product Liability Contingency [Line Items]      
Product liability expense $ 177 $ 1,617 $ 9
Accrued Legal Expense [Member]
     
Product Liability Contingency [Line Items]      
Product liability expense (633) [1] 755 [1] (834) [1]
Insurance Premium Expense [Member]
     
Product Liability Contingency [Line Items]      
Product liability expense $ 810 [2] $ 862 [2] $ 843 [2]
[1] The expense accrued in the liability is for legal fees only. In 2010 and 2012, the costs incurred related to cases that were settled or dismissed were less than the amounts accrued for these cases in prior years.
[2] Insurance expense represents the cost of insurance premiums.
XML 23 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; word-wrap: break-word; } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } XML 24 R73.htm IDEA: XBRL DOCUMENT v2.4.0.6
Compensation Plans (Restricted Stock Units) (Details) (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2010
Dec. 31, 2012
Maximum [Member]
Dec. 31, 2012
Minimum [Member]
Dec. 31, 2012
2011 [Member]
Dec. 31, 2011
2011 [Member]
Dec. 31, 2011
2011 [Member]
Maximum [Member]
Dec. 31, 2011
2011 [Member]
Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                
Restricted stock units issued 139,000 76,000       524,000    
Unrecognized compensation expense $ 6,200         $ 10,700    
Vesting period of compensation expense not yet recognized     4 years 2 years     3 years 1 year
Compensation expense recognized $ 1,200 $ 1,100     $ 2,500 $ 1,800    
XML 25 R57.htm IDEA: XBRL DOCUMENT v2.4.0.6
Employee Benefit Plans (Schedule of Weighted Average Assumptions Used to Determine Net Periodic Benefit Cost) (Details)
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Employee Benefit Plans [Abstract]    
Discount rate 4.00% 4.75%
Rate of compensation increases      
XML 26 R76.htm IDEA: XBRL DOCUMENT v2.4.0.6
Quarterly Results of Operations (Unaudited) (Details) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2012
Sep. 29, 2012
Jun. 30, 2012
Mar. 31, 2012
Dec. 31, 2011
Oct. 01, 2011
Jul. 02, 2011
Apr. 02, 2011
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Quarterly Results of Operations (Unaudited) [Abstract]                      
Net Sales $ 141,766 $ 118,152 $ 119,569 $ 112,337 $ 93,241 $ 80,512 $ 79,622 $ 75,441 $ 491,824 $ 328,816 $ 255,206
Gross profit 49,461 42,565 45,134 41,793 30,172 29,127 28,465 23,995 178,953 111,758 83,982
Net income $ 19,786 $ 17,349 $ 18,014 $ 15,480 $ 10,518 $ 10,737 $ 10,813 $ 7,947 $ 70,629 $ 40,015 $ 28,255
Basic earnings per share $ 1.03 $ 0.91 $ 0.94 $ 0.81 $ 0.55 $ 0.57 $ 0.57 $ 0.42 $ 3.69 $ 2.12 $ 1.48
Diluted earnings per share $ 1.0 $ 0.88 $ 0.91 $ 0.79 $ 0.54 $ 0.56 $ 0.56 $ 0.42 $ 3.6 $ 2.09 $ 1.46
XML 27 R81.htm IDEA: XBRL DOCUMENT v2.4.0.6
Schedule II-Valuation and Qualifying Accounts (Details) (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Allowance for doubtful accounts [Member]
     
Valuation and Qualifying Accounts Disclosure [Line Items]      
Balance at Beginning of Period $ 185 $ 277 $ 209
Accrued Legal Expense (Income) 115   68
Deductions   92 [1]  
Balance at End of Period 300 185 277
Allowance for discounts [Member]
     
Valuation and Qualifying Accounts Disclosure [Line Items]      
Balance at Beginning of Period 807 627 492
Accrued Legal Expense (Income) 10,679 6,148 5,520
Deductions 10,661 [2] 5,968 [2] 5,385 [2]
Balance at End of Period 825 807 627
Excess and obsolete inventory reserve [Member]
     
Valuation and Qualifying Accounts Disclosure [Line Items]      
Balance at Beginning of Period 1,311 1,545 2,727
Accrued Legal Expense (Income) 761 (234) (1,057)
Deductions 343 [3] 0 [3] 125 [3]
Balance at End of Period $ 1,729 $ 1,311 $ 1,545
[1] Accounts written off
[2] Discounts taken
[3] Inventory written off
XML 28 R77.htm IDEA: XBRL DOCUMENT v2.4.0.6
Contingent Liabilities (Narrative) (Details) (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Loss Contingencies [Line Items]      
Number of lawsuits against the company 2    
Minimum limit of per claim for providing insurance coverage on annual basis $ 5,000    
Maximum limit of aggregate loss incurred annually for providing insurance coverage on annual basis 10,000    
Total amount of damages claimed 0 5,400  
Product liability expense $ 177 $ 1,617 $ 9
XML 29 R71.htm IDEA: XBRL DOCUMENT v2.4.0.6
Compenation Plans (Schedule of Stock Option Activity) (Details) (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Shares        
Outstanding at Beginning of year 328,700 1,172,150 1,498,150  
Granted 9,830    40,000  
Exercised (217,820) (843,450) (366,000)  
Canceled (250)        
Outstanding at End of year 120,460 328,700 1,172,150 1,498,150
Exercisable Options Outstanding at December 31, 2012 52,583      
Non-Vested Options Outstanding at December 31, 2012 67,877      
Weighted-Average Exercise Price        
Outstanding at Beginning of year $ 8.58 $ 9.3 $ 9.0  
Granted $ 8.59    $ 9.7  
Exercised $ 7.92 $ 9.58 $ 8.11  
Canceled $ 8.69        
Outstanding at End of year $ 8.58 $ 8.58 $ 9.3 $ 9.0
Exercisable Options Outstanding at December 31, 2012 $ 8.65      
Non-Vested Options Outstanding at December 31, 2012 $ 9.22      
Weighted-Average Grant Date Fair Value        
Outstanding at Beginning of year $ 4.42 $ 4.46 $ 4.13  
Granted $ 32.57    $ 4.8  
Exercised $ 4.4 $ 4.48 $ 3.15  
Canceled $ 4.57        
Outstanding at End of year $ 6.76 $ 4.42 $ 4.46 $ 4.13
Exercisable Options Outstanding at December 31, 2012 $ 6.97      
Non-Vested Options Outstanding at December 31, 2012 $ 6.81      
Weighted-Average Remaining Contractual Life        
Granted 5 years 7 months 6 days    9 years  
Exercised 4 years 9 months 18 days 5 years 4 years 6 months  
Canceled 6 years 3 months 18 days        
Outstanding 5 years 8 months 12 days 6 years 2 months 12 days 6 years 8 months 12 days 7 years 1 month 6 days
Exercisable Options Outstanding at December 31, 2012 5 years 4 months 24 days      
Non-Vested Options Outstanding at December 31, 2012 5 years 7 months 6 days      
XML 30 R25.htm IDEA: XBRL DOCUMENT v2.4.0.6
Subsequent Events
12 Months Ended
Dec. 31, 2012
Subsequent Events [Abstract]  
Subsequent Events [Text Block]
  18. Subsequent Events

 

On February 11, 2013, the Company's Board of Directors authorized a dividend of 40.4¢ per share to shareholders of record on March 8, 2013.

 

The Company's management has evaluated transactions occurring subsequent to December 31, 2012 and determined that there were no events or transactions during that period that would have a material impact on the Company's results of operations or financial position.

XML 31 R50.htm IDEA: XBRL DOCUMENT v2.4.0.6
Employee Benefit Plans (Narrative) (Details) (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Defined Benefit Plan Disclosure [Line Items]      
Minimum contributions for plan $ 2,600    
Employer contributions 3,156 2,156  
Estimated contributions in 2013 3,000    
Estimated cost for defined benefit plans 400    
Estimated future benefit payments for defined-benefit plans      
2013 3,400    
2014 3,600    
2015 3,800    
2016 4,000    
2017 4,100    
2018 - 2021 22,700    
Pension liability, net of deferred taxes 2,077 7,895 (714)
Defined benefit plan, description of plan target allocations The current investment objective is to produce income and long-term appreciation through a target asset allocation of 35% debt securities and other fixed income investments including cash and short-term instruments, and 65% equity investments, to provide for the current and future benefit payments of the plans    
Contributions to employee benefits plan 2,300 2,000 1,800
Discretionary contributions to employee benefit plan $ 3,300 $ 2,100 $ 1,800
XML 32 R42.htm IDEA: XBRL DOCUMENT v2.4.0.6
Summary of Significant Accounting Policies (Details) (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Segment Reporting Information [Line Items]      
Advertising expenses $ 3,400 $ 2,900 $ 2,300
Shipping costs 5,600 3,500 3,000
Research and development $ 5,900 $ 4,000 $ 3,200
Buildings [Member]
     
Segment Reporting Information [Line Items]      
Useful life 15 years    
Machinery and equipment [Member]
     
Segment Reporting Information [Line Items]      
Useful life 10 years    
Tools and dies [Member]
     
Segment Reporting Information [Line Items]      
Useful life 3 years    
Net firearms sales [Member]
     
Segment Reporting Information [Line Items]      
Percentage of sales 99.00%    
Net castings sales [Member]
     
Segment Reporting Information [Line Items]      
Percentage of sales 1.00%    
Export firearm sales [Member]
     
Segment Reporting Information [Line Items]      
Percentage of sales 3.00%    
XML 33 R75.htm IDEA: XBRL DOCUMENT v2.4.0.6
Operating Segment Information (Narrative) (Details)
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Revenue, Major Customer [Line Items]      
Number of operating segments 2    
Unites States [Member] | Sales [Member] | Minimum [Member]
     
Revenue, Major Customer [Line Items]      
Percentage of customers 94.00% 94.00% 94.00%
Davidson's [Member] | Sales [Member]
     
Revenue, Major Customer [Line Items]      
Percentage of customers 17.00% 14.00% 12.00%
Jerry's/Ellett Brothers [Member] | Sales [Member]
     
Revenue, Major Customer [Line Items]      
Percentage of customers 14.00% 15.00% 16.00%
Lipsey's [Member] | Sales [Member]
     
Revenue, Major Customer [Line Items]      
Percentage of customers 13.00% 12.00% 11.00%
Sports South [Member] | Sales [Member]
     
Revenue, Major Customer [Line Items]      
Percentage of customers 12.00% 12.00% 11.00%
XML 34 R37.htm IDEA: XBRL DOCUMENT v2.4.0.6
Stock Repurchases (Tables)
12 Months Ended
Dec. 31, 2012
Stock Repurchases [Abstract]  
Schedule of Repurchase of Common Stock
Period   Total
Number of
Shares
Purchased
    Average
Price Paid
per Share
    Total
Number of
Shares
Purchased as
Part of
Publicly
Announced
Program
    Maximum
Dollar Value
of Shares that
May Yet Be
Purchased
Under the
Program
 
8/3/10-8/31/10     339,000     $ 14.08       339,000          
9/1/10-9/22/10     73,000     $ 12.92       73,000          
1/4/11-1/29/11     133,400     $ 14.94       133,400          
Total     545,400     $ 14.15       545,400     $ 8,000,000  

 

XML 35 R52.htm IDEA: XBRL DOCUMENT v2.4.0.6
Employee Benefit Plans (Schedule of Changes in Plan Assets) (Details) (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Employee Benefit Plans [Abstract]    
Fair value of plan assets at beginning of year $ 58,148 $ 59,423
Actual return on plan assets 7,619 (661)
Employer contributions 3,156 2,156
Benefits paid (3,033) (2,770)
Fair value of plan assets at end of year $ 65,890 $ 58,148
XML 36 R67.htm IDEA: XBRL DOCUMENT v2.4.0.6
Stock Repurchases (Schedule of Repurchase of Common Stock) (Details) (USD $)
In Thousands, except Share data, unless otherwise specified
6 Months Ended 12 Months Ended 1 Months Ended
Jan. 29, 2011
Dec. 31, 2012
Aug. 31, 2010
8/3/10-8/31/10 [Member]
Sep. 22, 2010
9/1/10-9/22/10 [Member]
Jan. 29, 2011
1/4/11-1/29/11 [Member]
Equity, Class of Treasury Stock [Line Items]          
Total Number of Shares Purchased 545,400   339,000 73,000 133,400
Average Price Paid Per Share $ 14.15   $ 14.08 $ 12.92 $ 14.94
Total Number of Shres Purchased as Part of Publicly Announced Program 545,400   339,000 73,000 133,400
Maximum Dollar Value of Shared that May Yet Be Puchased Under the Program $ 8,000 $ 8,000      
XML 37 R61.htm IDEA: XBRL DOCUMENT v2.4.0.6
Other Operating Expenses (Income), net (Details) (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Other Operating Expenses (Income), net [Abstract]      
(Gain) loss on sale of operating assets $ (27) $ (83) $ 22
Frozen defined-benefit pension plan expense (income) 320 (236) 398
Total other operating expenses (income), net $ 293 $ (319) $ 420
XML 38 R47.htm IDEA: XBRL DOCUMENT v2.4.0.6
Other Assets (Narrative) (Details) (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Schedule of Equity Method Investments [Line Items]      
Impairment charge $ (1,134)      
Patents [Member]
     
Schedule of Equity Method Investments [Line Items]      
Accumulated amortization (2,826) (2,583) (200)
Estimated accumulated amortization, 2013 200    
Estimated accumulated amortization, 2014 200    
Estimated accumulated amortization, 2015 200    
Estimated accumulated amortization, 2016 200    
Estimated accumulated amortization, 2017 200    
Software development [Member]
     
Schedule of Equity Method Investments [Line Items]      
Accumulated amortization $ (498) $ (146)  
Crossbow manufacturer [Member]
     
Schedule of Equity Method Investments [Line Items]      
Ownership interest 29.00%    
XML 39 R9.htm IDEA: XBRL DOCUMENT v2.4.0.6
Trade Receivables, Net
12 Months Ended
Dec. 31, 2012
Trade Receivables, Net [Abstract]  
Trade Receivables, Net
  2. Trade Receivables, Net

 

Trade receivables consist of the following:

 

December 31,   2012     2011  
             
Trade receivables   $ 44,143     $ 43,217  
Allowance for doubtful accounts     (300 )     (185 )
Allowance for discounts     (825 )     (807 )
    $ 43,018     $ 42,225  

 

In 2012, the largest individual trade receivable balances accounted for 17%, 14%, 11%, and 10% of total trade receivables, respectively.

 

In 2011, the largest individual trade receivable balances accounted for 19%, 15%, 14%, and 12% of total trade receivables, respectively.

XML 40 R62.htm IDEA: XBRL DOCUMENT v2.4.0.6
Income Taxes (Schedule of Federal and State Income Tax Provision) (Details) (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Current      
Federal, current $ 34,941 $ 11,371 $ 11,675
State, current 6,635 3,926 2,814
Current 41,576 15,297 14,489
Deferred      
Federal, deferred (327) 7,948 1,112
State, deferred 231 256 293
Deferred $ (96) $ 8,204 $ 1,405
EXCEL 41 Financial_Report.xls IDEA: XBRL DOCUMENT begin 644 Financial_Report.xls M[[N_34E-12U697)S:6]N.B`Q+C`-"E@M1&]C=6UE;G0M5'EP93H@5V]R:V)O M;VL-"D-O;G1E;G0M5'EP93H@;75L=&EP87)T+W)E;&%T960[(&)O=6YD87)Y M/2(M+2TM/5].97AT4&%R=%\V-6$X,65C-%\R8S,V7S1E-V)?.34V-U\U.#0V M9F0U-#-E-6(B#0H-"E1H:7,@9&]C=6UE;G0@:7,@82!3:6YG;&4@1FEL92!7 M96(@4&%G92P@86QS;R!K;F]W;B!A'!L;W)E&UL;G,Z=CTS1")U&UL;G,Z;STS1")U&UL/@T*(#QX.D5X8V5L5V]R:V)O;VL^#0H@(#QX M.D5X8V5L5V]R:W-H965T5]);F9O#I%>&-E;%=O#I%>&-E;%=O#I%>&-E;%=O#I%>&-E;%=O#I.86UE/@T*("`@(#QX.E=O#I%>&-E;%=O#I.86UE M/E-T871E;65N='-?;V9?0V%S:%]&;&]W#I.86UE/@T*("`@(#QX.E=O M#I%>&-E;%=O#I.86UE/E-U;6UA#I.86UE/@T*("`@(#QX.E=O#I%>&-E;%=O#I.86UE/E1R M861E7U)E8V5I=F%B;&5S7TYE=#PO>#I.86UE/@T*("`@(#QX.E=O#I%>&-E;%=O#I.86UE/DEN=F5N=&]R:65S/"]X.DYA;64^#0H@("`@/'@Z5V]R M:W-H965T4V]U#I%>&-E;%=O#I%>&-E;%=O#I.86UE/D]T:&5R M7T%S#I.86UE/@T*("`@(#QX.E=O#I%>&-E;%=O#I.86UE M/E1R861E7T%C8V]U;G1S7U!A>6%B;&5?86YD7T%C8SPO>#I.86UE/@T*("`@ M(#QX.E=O#I%>&-E M;%=O#I.86UE/DQI;F5?;V9?0W)E9&ET/"]X.DYA M;64^#0H@("`@/'@Z5V]R:W-H965T4V]U#I%>&-E;%=O#I.86UE/@T*("`@(#QX.E=O#I%>&-E;%=O#I. M86UE/D]T:&5R7T]P97)A=&EN9U]%>'!E;G-E#I.86UE/@T* M("`@(#QX.E=O#I% M>&-E;%=O#I.86UE/DEN8V]M95]487AE#I. M86UE/@T*("`@(#QX.E=O#I%>&-E;%=O#I.86UE M/E-T;V-K7U)E<'5R8VAA#I%>&-E;%=O#I%>&-E;%=O#I7;W)K#I7;W)K#I%>&-E;%=O#I%>&-E;%=O#I7;W)K#I7;W)K#I%>&-E;%=O#I.86UE/@T*("`@(#QX.E=O#I%>&-E;%=O#I. M86UE/DEN=F5N=&]R:65S7U1A8FQE#I.86UE/@T*("`@(#QX.E=O#I%>&-E;%=O#I.86UE/E!R;W!E#I.86UE/@T*("`@(#QX.E=O#I%>&-E;%=O#I7;W)K#I%>&-E;%=O&5S7U1A8FQE#I.86UE/@T*("`@(#QX.E=O#I%>&-E;%=O#I. M86UE/D5A#I7;W)K#I7;W)K#I%>&-E;%=O#I%>&-E;%=O#I%>&-E;%=O#I.86UE/D-O;G1I;F=E;G1?3&EA8FEL:71I97-?5&%B M;&5S/"]X.DYA;64^#0H@("`@/'@Z5V]R:W-H965T4V]U#I%>&-E;%=O5]O9E]3:6=N:69I8V%N=%]!8V-O=6YT,CPO>#I.86UE/@T*("`@(#QX M.E=O#I%>&-E;%=O M#I.86UE/E1R861E7U)E8V5I=F%B;&5S7TYE=%]$ M971A:6QS/"]X.DYA;64^#0H@("`@/'@Z5V]R:W-H965T4V]U#I%>&-E;%=O M#I.86UE/@T*("`@(#QX.E=O#I%>&-E;%=O#I.86UE/E!R;W!E#I.86UE/@T*("`@(#QX.E=O#I.86UE/@T*("`@(#QX.E=O#I%>&-E;%=O#I.86UE/D]T:&5R7T%S#I.86UE/@T*("`@(#QX.E=O#I%>&-E;%=O#I%>&-E;%=O#I%>&-E;%=O#I%>&-E;%=O#I.86UE/@T*("`@(#QX.E=O#I%>&-E;%=O#I.86UE/D5M M<&QO>65E7T)E;F5F:71?4&QA;G-?4V-H961U;#(\+W@Z3F%M93X-"B`@("`\ M>#I7;W)K#I%>&-E M;%=O#I.86UE/@T* M("`@(#QX.E=O#I% M>&-E;%=O#I.86UE/D5M<&QO>65E7T)E;F5F:71? M4&QA;G-?4V-H961U;#4\+W@Z3F%M93X-"B`@("`\>#I7;W)K#I%>&-E;%=O#I.86UE/@T*("`@(#QX.E=O#I%>&-E;%=O#I.86UE/D5M<&QO>65E7T)E;F5F:71?4&QA;G-?4V-H961U;#@\ M+W@Z3F%M93X-"B`@("`\>#I7;W)K#I%>&-E;%=O&5S7U-C:&5D=6QE7V]F7T9E M9&5R/"]X.DYA;64^#0H@("`@/'@Z5V]R:W-H965T4V]U#I%>&-E;%=O&5S7U-C:&5D=6QE7V]F7T5F9F5C/"]X.DYA;64^#0H@("`@/'@Z M5V]R:W-H965T4V]U#I%>&-E;%=O&5S7U-C:&5D=6QE7V]F M7T1E9F5R/"]X.DYA;64^#0H@("`@/'@Z5V]R:W-H965T4V]U#I%>&-E;%=O M&5S7TYA#I%>&-E;%=O#I7;W)K#I7;W)K#I7;W)K#I.86UE/@T*("`@(#QX M.E=O#I%>&-E;%=O M#I.86UE/D-O;7!E;G-A=&EO;E]0;&%N#I.86UE/@T*("`@(#QX.E=O#I%>&-E;%=O#I.86UE M/D-O;7!E;F%T:6]N7U!L86YS7U-C:&5D=6QE7V]F7SPO>#I.86UE/@T*("`@ M(#QX.E=O#I%>&-E M;%=O#I.86UE/D-O;7!E;G-A=&EO;E]0;&%N#I.86UE/@T*("`@(#QX.E=O#I%>&-E;%=O#I. M86UE/D-O;7!E;G-A=&EO;E]0;&%N#I.86UE/@T* M("`@(#QX.E=O#I% M>&-E;%=O#I.86UE/D]P97)A=&EN9U]396=M96YT M7TEN9F]R;6%T:6]N7S$\+W@Z3F%M93X-"B`@("`\>#I7;W)K#I%>&-E;%=O#I%>&-E;%=O#I.86UE/D-O;G1I;F=E;G1?3&EA8FEL:71I97-?3F%R#I.86UE/@T*("`@(#QX.E=O#I%>&-E;%=O#I.86UE/D-O;G1I;F=E;G1?3&EA8FEL:71I97-?4V-H961U M;#PO>#I.86UE/@T*("`@(#QX.E=O#I7;W)K#I%>&-E;%=O#I!8W1I=F53 M:&5E=#XP/"]X.D%C=&EV95-H965T/@T*("`\>#I0#I%>&-E;%=O7!E.B!T97AT+VAT;6P[(&-H87)S M970](G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@ M:'1T<"UE<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M M;#L@8VAA'0^,3`M2SQS<&%N/CPO'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-$'0^4U154DT@4E5'15(@)B!#3R!)3D,\2!#96YT3PO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^,#`P,#`Y-3`R.3QS<&%N/CPO6UB;VP\+W1D/@T*("`@("`@ M("`\=&0@8VQA'0^+2TQ,BTS M,3QS<&%N/CPO'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^ M#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^ M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0^3F\\2!796QL+4MN;W=N(%-E87-O;F5D($ES'0^3F\\2!#=7)R96YT(%)E<&]R=&EN M9R!3=&%T=7,\+W1D/@T*("`@("`@("`\=&0@8VQA'0^/'-P86X^/"]S M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$3X-"CPO:'1M;#X-"@T*+2TM+2TM/5]. M97AT4&%R=%\V-6$X,65C-%\R8S,V7S1E-V)?.34V-U\U.#0V9F0U-#-E-6(- M"D-O;G1E;G0M3&]C871I;VXZ(&9I;&4Z+R\O0SHO-C5A.#%E8S1?,F,S-E\T M93=B7SDU-C=?-3@T-F9D-30S935B+U=O'0O:'1M;#L@8VAA7!E(&-O;G1E;G0],T0G=&5X="]H=&UL.R!C:&%R&5S/"]T9#X-"B`@("`@("`@ M/'1D(&-L87-S/3-$;G5M<#XR+#`P-#QS<&%N/CPO3PO=&0^#0H@("`@("`@(#QT9"!C;&%S65E(&-O;7!E;G-A=&EO;B!A;F0@8F5N969I=',\+W1D/@T*("`@ M("`@("`\=&0@8VQA2!S M=&]C:R`M(&%T(&-O3PO'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@ M/'1R(&-L87-S/3-$'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQA M'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@ M/'1R(&-L87-S/3-$F5D M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XT,"PP,#`L,#`P/'-P M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S3X-"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R=%\V-6$X,65C-%\R M8S,V7S1E-V)?.34V-U\U.#0V9F0U-#-E-6(-"D-O;G1E;G0M3&]C871I;VXZ M(&9I;&4Z+R\O0SHO-C5A.#%E8S1?,F,S-E\T93=B7SDU-C=?-3@T-F9D-30S M935B+U=O'0O:'1M;#L@8VAA&-E<'0@4&5R(%-H87)E(&1A=&$L('5N;&5S'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-$'!E;G-E'!E;G-E6%L='D@:6YC;VUE/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XX M,C0\#H\+W-T2!D:6QU=&5D(&5A&5S/"]T9#X-"B`@("`@("`@ M/'1D(&-L87-S/3-$;G5M<#XQ,3,L-C8P/'-P86X^/"]S<&%N/CPO=&0^#0H@ M("`@("`@(#QT9"!C;&%S'0O:F%V M87-C3X-"B`@("`\=&%B M;&4@8VQA2!3=&]C:R!;365M8F5R73QB2!;4F]L;"!&;W)W87)D73PO M'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`@(#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 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-$&5R8VES92!O M9B!S=&]C:R!O<'1I;VYS(&%N9"!V97-T:6YG(&]F(%)352=S/"]T9#X-"B`@ M("`@("`@/'1D(&-L87-S/3-$;G5M/B@Q+#,V-RD\"!B96YE M9FET(')E86QI>F5D(&9R;VT@97AE'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S 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@("`@("`\+W1R/@T* M("`@("`@/'1R(&-L87-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@("`@("`\+W1R M/@T*("`@("`@/'1R(&-L87-S/3-$2!;4F]L;"!&;W)W87)D73PO'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@("`@("`@(#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-$'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-$&5R8VES92!O9B!S M=&]C:R!O<'1I;VYS(&%N9"!V97-T:6YG(&]F(%)352=S/"]T9#X-"B`@("`@ M("`@/'1D(&-L87-S/3-$;G5M/B@U+#@U.2D\"!B96YE9FET M(')E86QI>F5D(&9R;VT@97AE'0^)FYB M'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@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S M<&%N/CPO=&0^#0H@("`@("`@(#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-$&5R8VES M92!O9B!S=&]C:R!O<'1I;VYS(&%N9"!V97-T:6YG(&]F(%)352=S/"]T9#X- M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@R+#DS-2D\"!B M96YE9FET(')E86QI>F5D(&9R;VT@97AE'0^)FYB3X-"CPO:'1M;#X-"@T* M+2TM+2TM/5].97AT4&%R=%\V-6$X,65C-%\R8S,V7S1E-V)?.34V-U\U.#0V M9F0U-#-E-6(-"D-O;G1E;G0M3&]C871I;VXZ(&9I;&4Z+R\O0SHO-C5A.#%E M8S1?,F,S-E\T93=B7SDU-C=?-3@T-F9D-30S935B+U=O'0O:'1M;#L@8VAA7!E(&-O;G1E;G0],T0G=&5X="]H=&UL.R!C M:&%R2`H4&%R96YT M:&5T:6-A;',I("A54T0@)"D\8G(^26X@5&AO=7-A;F1S+"!U;FQE7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S8VEI(@T*#0H\:'1M M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAAF%T:6]N/"]T9#X- M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ-"PX.#@\2!R97-E'0^)FYB M'0^)FYB6%B;&4@86YD M(&%C8W)U960@97AP96YS97,\+W1D/@T*("`@("`@("`\=&0@8VQA65E(&-O;7!E;G-A=&EO;B!A M;F0@8F5N969I=',\+W1D/@T*("`@("`@("`\=&0@8VQA3PO=&0^#0H@("`@ M("`@(#QT9"!C;&%S'!E;G-E'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S M'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S M'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@ M("`@/'1R(&-L87-S/3-$"!B96YE9FET M(&9R;VT@97AE'0^)FYB65E('=I=&AH;VQD:6YG('1A>"!R96QA=&5D('1O('-H87)E+6)A7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S8VEI(@T*#0H\ M:'1M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E M;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA2!O9B!3 M:6=N:69I8V%N="!!8V-O=6YT:6YG(%!O;&EC:65S(%M!8G-T2!O9B!3:6=N:69I8V%N="!!8V-O=6YT:6YG(%!O;&EC:65S/"]T9#X-"B`@ M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\(2TM1$]#5%E012!H=&UL(%!50DQ) M0R`B+2\O5S-#+R]$5$0@6$A434P@,2XP(%1R86YS:71I;VYA;"\O14XB(")H M='1P.B\O=W=W+G"<@8V5L;'-P86-I;F<],T0P(&-E;&QP861D:6YG/3-$,#X@/'1R('-T M>6QE/3-$)U1%6%0M04Q)1TXZ(&IU"<^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%=)1%1(.B`P+C5I;B<^/'-T M6QE/3-$)U1%6%0M04Q)1TXZ(&IU#L@1D].5#H@,3!P="!4:6UE6QE/3-$)U1%6%0M04Q)1TXZ(&IU#L@1D].5#H@,3!P="!4:6UE2!E;F=A9V5D(&EN('1H M92!D97-I9VXL(&UA;G5F86-T=7)E+"!A;F0@&EM871E;'D@.3DE(&]F('1H M92!#;VUP86YY)B,S.3MS('1O=&%L('-A;&5S(&9O65A28C,SD[3L@34%21TE..B`P<'0@,'!X.R!&3TY4 M.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-E2!A;'-O(&UA;G5F86-T=7)E65A6QE/3-$)U1%6%0M04Q)1TXZ(&IU#L@1D].5#H@,3!P="!4:6UE6QE/3-$)U1%6%0M04Q)1TXZ(&IU M#L@1D].5#H@,3!P="!4:6UE3L@34%21TE..B`P M<'0@,'!X.R!&3TY4.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-E M6QE/3-$)T9/3E0Z(#$P<'0@5&EM M97,@3F5W(%)O;6%N+"!4:6UE#L@5$585"U!3$E'3CH@:G5S=&EF>2<^(#QU M/E)E=F5N=64@4F5C;V=N:71I;VX\+W4^/"]P/B`\<"!S='EL93TS1"=415A4 M+4%,24=..B!J=7-T:69Y.R!-05)'24XZ(#!P="`P<'@[($9/3E0Z(#$P<'0@ M5&EM97,@3F5W(%)O;6%N+"!4:6UE6QE/3-$)U1%6%0M04Q)1TXZ(&IU#L@1D].5#H@,3!P="!4:6UE2!T:&4@0V]M<&%N>2!F;W(@=&AE(&1E;&EV97)Y(&]F M(&=O;V1S(&%R92!C;&%S&5S(&%R92!E>&-L=61E9"!F6QE/3-$)T9/3E0Z(#$P<'0@5&EM97,@3F5W(%)O;6%N M+"!4:6UE#L@5$585"U!3$E'3CH@:G5S=&EF>2<^("9N8G-P.SPO<#X@/'`@ M6QE/3-$)U1%6%0M04Q)1TXZ(&IU2!C;VYS:61E2!E2!C;VYD:71I M;VYS(&]R(&%N>2!O=&AE3L@34%21TE..B`P<'0@,'!X.R!&3TY4.B`Q,'!T(%1I;65S($YE M=R!2;VUA;BP@5&EM97,L(%-E2!A;&P@;V8@ M=&AE($-O;7!A;GDF(S,Y.W,@:6YV96YT;W)I97,@87)E('9A;'5E9"!A="!T M:&4@;&]W97(@;V8@8V]S="P@<')I;F-I<&%L;'D@9&5T97)M:6YE9"!B>2!T M:&4@;&%S="UI;BP@9FER6QE/3-$)U1%6%0M04Q)1TXZ(&IU#L@1D].5#H@,3!P="!4:6UE3L@34%21TE..B`P M<'0@,'!X.R!&3TY4.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-E M2P@<&QA;G0L(&%N9"!E<75I M<&UE;G0@87)E(&-A65A6QE/3-$)U1%6%0M04Q)1TXZ(&IU#L@1D].5#H@,3!P="!4:6UE3L@34%21TE..B`P<'0@,'!X.R!&3TY4.B`Q,'!T(%1I;65S M($YE=R!2;VUA;BP@5&EM97,L(%-E3L@34%21TE..B`P<'0@,'!X.R!& M3TY4.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-E6QE/3-$)U1%6%0M04Q)1TXZ(&IU#L@ M1D].5#H@,3!P="!4:6UE3L@34%2 M1TE..B`P<'0@,'!X.R!&3TY4.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM M97,L(%-E6EN M9R!V86QU92!O9B!L;VYG+6QI=F5D(&%S6EN9R!V86QU92!O9B!T:&4@87-S971S+"!T:&4@87-S971S(&%R M92!C;VYS:61E2!W:&EC:"!T:&4@8V%R M&-E961S('1H96ER(&9A:7(@ M=F%L=64N(%1H92!#;VUP86YY(&)A2!O9B!T:&4@87-S971S+CPO<#X@/'`@6QE/3-$)U1%6%0M04Q)1TXZ(&IU M#L@1D].5#H@,3!P="!4:6UE2!-971H;V0@26YV97-T M;65N=',\+W4^/"]P/B`\<"!S='EL93TS1"=415A4+4%,24=..B!J=7-T:69Y M.R!-05)'24XZ(#!P="`P<'@[($9/3E0Z(#$P<'0@5&EM97,@3F5W(%)O;6%N M+"!4:6UE6QE/3-$)U1%6%0M M04Q)1TXZ(&IU#L@1D].5#H@,3!P="!4 M:6UE2!E>&5R8VES97,@28C,SD[28C,SD[6QE/3-$)TU!4D=)3CH@,'!T(#!P>#L@1D].5#H@ M,3!P="!4:6UE3L@34%21TE..B`P M<'0@,'!X.R!&3TY4.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-E M6QE/3-$)U1%6%0M04Q)1TXZ(&IU#L@1D].5#H@,3!P="!4:6UE#L@1D].5#H@,3!P="!4:6UE3L@34%21TE..B`P<'0@,'!X.R!&3TY4.B`Q,'!T(%1I;65S($YE M=R!2;VUA;BP@5&EM97,L(%-E&5S(&%R92!A8V-O M=6YT960@9F]R('5S:6YG('1H92!A"!C;VYS97%U96YC97,@;V8@(G1E M;7!O2!D:69F97)E;F-E65A"!B87-I28C,SD[3L@34%21TE..B`P<'0@ M,'!X.R!&3TY4.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-E3L@34%21TE..B`P<'0@,'!X.R!&3TY4 M.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-E3L@34%21TE..B`P<'0@,'!X.R!&3TY4.B`Q,'!T(%1I;65S($YE=R!2 M;VUA;BP@5&EM97,L(%-E6QE/3-$)U1%6%0M04Q)1TXZ(&IU M2!E>'!E;G-E6QE/3-$)T9/3E0Z(#$P<'0@5&EM97,@3F5W M(%)O;6%N+"!4:6UE#L@5$585"U!3$E'3CH@:G5S=&EF>2<^(#QU/E-H:7!P M:6YG($-O3L@5$585"U)3D1%3E0Z(#`N-6EN.R!-05)'24XZ(#!P="`P<'@[($9/ M3E0Z(#$P<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE6QE/3-$)U1%6%0M04Q)1TXZ(&IU#L@1D].5#H@,3!P="!4:6UE3L@34%21TE..B`P<'0@,'!X.R!&3TY4.B`Q,'!T(%1I;65S($YE M=R!2;VUA;BP@5&EM97,L(%-E6QE/3-$)U1%6%0M04Q)1TXZ(&IU#L@1D].5#H@,3!P="!4:6UE2!S<&5N="!A M<'!R;WAI;6%T96QY("0U+CD@;6EL;&EO;BP@)#0N,"!M:6QL:6]N+"!A;F0@ M)#,N,B!M:6QL:6]N+"!R97-P96-T:79E;'DL(&]N(')E6QE/3-$)U1%6%0M04Q)1TXZ(&IU#L@1D].5#H@,3!P="!4:6UE7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S8VEI(@T*#0H\:'1M M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$ M"<@8V5L;'-P86-I;F<] M,T0P(&-E;&QP861D:6YG/3-$,#X@/'1R('-T>6QE/3-$)U1%6%0M04Q)1TXZ M(&IU"<^)FYB6QE/3-$)U1%6%0M04Q) M1TXZ(&QE9G0[(%=)1%1(.B`P+C5I;B<^/'-T6QE/3-$)U1%6%0M04Q)1TXZ M(&IU#L@1D].5#H@,3!P="!4:6UE6QE/3-$)U1%6%0M M04Q)1TXZ(&IU#L@1D].5#H@,3!P="!4 M:6UE6QE/3-$)U=)1%1(.B`Q,#`E.R!"3U)$15(M0T],3$%04T4Z(&-O M;&QA<'-E.R!&3TY4.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-E M6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@ M5$585"U!3$E'3CH@6QE/3-$)U!!1$1)3D6QE M/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@5$585"U!3$E' M3CH@6QE/3-$)U9%4E1)0T%,+4%,24=..B!B;W1T;VTG/B`\=&0^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%=)1%1(.B`W M,"4G/E1R861E(')E8V5I=F%B;&5S/"]T9#X@/'1D('-T>6QE/3-$)U=)1%1( M.B`Q)2<^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE M9G0[(%=)1%1(.B`Q)2<^)#PO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=. M.B!R:6=H=#L@5TE$5$@Z(#$R)2<^-#0L,30S/"]T9#X@/'1D('-T>6QE/3-$ M)U1%6%0M04Q)1TXZ(&QE9G0[(%=)1%1(.B`Q)2<^)FYB6QE/3-$)U=)1%1(.B`Q)2<^)FYB6QE/3-$ M)U1%6%0M04Q)1TXZ(&QE9G0[(%=)1%1(.B`Q)2<^)#PO=&0^(#QT9"!S='EL M93TS1"=415A4+4%,24=..B!R:6=H=#L@5TE$5$@Z(#$R)2<^-#,L,C$W/"]T M9#X@/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%=)1%1(.B`Q)2<^ M)FYB6QE/3-$)T)!0TM'4D]53D0M0T], M3U(Z('=H:71E.R!615)424-!3"U!3$E'3CH@8F]T=&]M)SX@/'1D('-T>6QE M/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/D%L;&]W86YC92!F;W(@9&]U8G1F=6P@ M86-C;W5N=',\+W1D/B`\=&0^)FYB6QE/3-$)U1% M6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4 M+4%,24=..B!R:6=H="<^*#,P,#PO=&0^(#QT9"!S='EL93TS1"=415A4+4%, M24=..B!L969T)SXI/"]T9#X@/'1D/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS M1"=415A4+4%,24=..B!L969T)SXF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%!! M1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)T)/4D1%4BU"3U14 M3TTZ(&)L86-K(#%P="!S;VQI9#L@5$585"U!3$E'3CH@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%!!1$1)3D6QE/3-$)U1%6%0M04Q) M1TXZ(&QE9G0[(%!!1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#(N-7!T(&1O M=6)L93L@5$585"U!3$E'3CH@;&5F="<^("0\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(&IU#L@1D].5#H@,3!P="!4:6UE3L@34%21TE..B`P<'0@,'!X.R!&3TY4.B`Q,'!T(%1I M;65S($YE=R!2;VUA;BP@5&EM97,L(%-E3L@34%21TE..B`P<'0@,'!X.R!&3TY4 M.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-E3X-"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R=%\V-6$X M,65C-%\R8S,V7S1E-V)?.34V-U\U.#0V9F0U-#-E-6(-"D-O;G1E;G0M3&]C M871I;VXZ(&9I;&4Z+R\O0SHO-C5A.#%E8S1?,F,S-E\T93=B7SDU-C=?-3@T M-F9D-30S935B+U=O'0O:'1M;#L@8VAA&AT;6PQ+71R86YS:71I;VYA;"YD=&0B M("TM/CQD:78^(#QD:78^/"$M+5-T87)T1G)A9VUE;G0M+3X@/'1A8FQE('-T M>6QE/3-$)TU!4D=)3BU43U`Z(#!P>#L@1D].5#H@,3!P="!4:6UE3L@5D525$E#04PM04Q)1TXZ('1O<"<^(#QT9"!S M='EL93TS1"=724142#H@,'!X)SXF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(&IU6QE/3-$)U1%6%0M04Q)1TXZ(&IU M#L@1D].5#H@,3!P="!4:6UE6QE/3-$)U1%6%0M04Q)1TXZ(&IU M#L@1D].5#H@,3!P="!4:6UE6QE M/3-$)U=)1%1(.B`Q,#`E.R!"3U)$15(M0T],3$%04T4Z(&-O;&QA<'-E.R!& M3TY4.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-E6QE M/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@5$585"U!3$E' M3CH@6QE/3-$)U!!1$1)3D6QE/3-$)T)/4D1% M4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@5$585"U!3$E'3CH@6QE/3-$)U9% M4E1)0T%,+4%,24=..B!B;W1T;VTG/B`\=&0^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%=)1%1(.B`W,"4G/D9I;FES M:&5D(&=O;V1S/"]T9#X@/'1D('-T>6QE/3-$)U=)1%1(.B`Q)2<^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%=)1%1(.B`Q M)2<^)#PO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H=#L@5TE$ M5$@Z(#$R)2<^,RPV,34\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q) M1TXZ(')I9VAT.R!724142#H@,3(E)SXT+#`W,3PO=&0^(#QT9"!S='EL93TS M1"=415A4+4%,24=..B!L969T.R!724142#H@,24G/B9N8G-P.SPO=&0^(#PO M='(^(#QT6QE/3-$)T)/4D1%4BU" M3U143TTZ(&)L86-K(#%P="!S;VQI9#L@5$585"U!3$E'3CH@;&5F="<^("9N M8G-P.SPO=&0^(#QT9"!S='EL93TS1"="3U)$15(M0D]45$]-.B!B;&%C:R`Q M<'0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI M9#L@5$585"U!3$E'3CH@6QE/3-$)T)!0TM'4D]53D0M0T],3U(Z M(')G8B@R,#0L,C4U+#(P-"D[(%9%4E1)0T%,+4%,24=..B!B;W1T;VTG/B`\ M=&0^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9"!S M='EL93TS1"=415A4+4%,24=..B!R:6=H="<^-#6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#PO='(^(#QT M6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K M(#%P="!S;VQI9#L@5$585"U!3$E'3CH@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L M86-K(#%P="!S;VQI9#L@5$585"U!3$E'3CH@;&5F="<^("9N8G-P.SPO=&0^ M(#QT9"!S='EL93TS1"="3U)$15(M0D]45$]-.B!B;&%C:R`Q<'0@6QE/3-$)T)!0TM'4D]53D0M0T],3U(Z(')G8B@R M,#0L,C4U+#(P-"D[(%9%4E1)0T%,+4%,24=..B!B;W1T;VTG/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE M9G0[(%!!1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#(N-7!T(&1O=6)L93L@ M5$585"U!3$E'3CH@;&5F="<^("0\+W1D/B`\=&0@6QE/3-$)TU!4D=)3CH@,'!T(#!P>#L@1D].5#H@,3!P M="!4:6UE3X-"CPO M:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R=%\V-6$X,65C-%\R8S,V7S1E-V)? M.34V-U\U.#0V9F0U-#-E-6(-"D-O;G1E;G0M3&]C871I;VXZ(&9I;&4Z+R\O M0SHO-C5A.#%E8S1?,F,S-E\T93=B7SDU-C=?-3@T-F9D-30S935B+U=O'0O:'1M;#L@ M8VAA&AT;6PQ+71R86YS:71I;VYA;"YD=&0B("TM/CQD M:78^(#QD:78^/"$M+5-T87)T1G)A9VUE;G0M+3X@/'1A8FQE('-T>6QE/3-$ M)TU!4D=)3BU43U`Z(#!P>#L@1D].5#H@,3!P="!4:6UE3L@5D525$E#04PM04Q)1TXZ('1O<"<^(#QT9"!S='EL93TS M1"=724142#H@,'!X)SXF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(&IU6QE/3-$)U1% M6%0M04Q)1TXZ(&IU#L@1D].5#H@,3!P M="!4:6UE6QE/3-$)U=)1%1(.B`Q,#`E M.R!"3U)$15(M0T],3$%04T4Z(&-O;&QA<'-E.R!&3TY4.B`Q,'!T(%1I;65S M($YE=R!2;VUA;BP@5&EM97,L(%-E6QE/3-$)T)/4D1%4BU"3U14 M3TTZ(&)L86-K(#%P="!S;VQI9#L@5$585"U!3$E'3CH@6QE M/3-$)U!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K M(#%P="!S;VQI9#L@5$585"U!3$E'3CH@6QE/3-$)U9%4E1)0T%,+4%,24=..B!B M;W1T;VTG/B`\=&0^)FYB6QE/3-$)U1%6%0M M04Q)1TXZ(&QE9G0[(%=)1%1(.B`W,"4G/DQA;F0@86YD(&EM<')O=F5M96YT M6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%=) M1%1(.B`Q)2<^)FYB6QE/3-$)U=)1%1(.B`Q)2<^ M)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%=) M1%1(.B`Q)2<^)#PO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H M=#L@5TE$5$@Z(#$R)2<^,2PR-C8\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^ M(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H="<^,CDL-3,Y/"]T9#X@ M/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT M9#XF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXR M-RPY-C$\+W1D/B`\=&0@6QE/3-$)T)!0TM'4D]53D0M0T],3U(Z M(')G8B@R,#0L,C4U+#(P-"D[(%9%4E1)0T%,+4%,24=..B!B;W1T;VTG/B`\ M=&0@6QE/3-$)U1% M6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4 M+4%,24=..B!R:6=H="<^,3,S+#8S-3PO=&0^(#QT9"!S='EL93TS1"=415A4 M+4%,24=..B!L969T)SXF;F)S<#L\+W1D/B`\=&0^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9"!S M='EL93TS1"=415A4+4%,24=..B!R:6=H="<^,3$Q+#4U.#PO=&0^(#QT9"!S M='EL93TS1"=415A4+4%,24=..B!L969T)SXF;F)S<#L\+W1D/B`\+W1R/B`\ M='(@6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@ M5$585"U!3$E'3CH@;&5F="<^("9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=" M3U)$15(M0D]45$]-.B!B;&%C:R`Q<'0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE M9G0[(%!!1$1)3D6QE/3-$)T)/4D1%4BU" M3U143TTZ(&)L86-K(#%P="!S;VQI9#L@5$585"U!3$E'3CH@6QE M/3-$)T)!0TM'4D]53D0M0T],3U(Z(')G8B@R,#0L,C4U+#(P-"D[(%9%4E1) M0T%,+4%,24=..B!B;W1T;VTG/B`\=&0@6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#(N M-7!T(&1O=6)L93L@5$585"U!3$E'3CH@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%!!1$1)3D3L@34%21TE..B`P<'0@,'!X.R!&3TY4 M.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-E'0O:F%V87-C3X-"B`@ M("`\=&%B;&4@8VQA'0^/"$M+41/0U194$4@:'1M;"!054),24,@(BTO+U&AT;6PQ+T141"]X:'1M;#$M=')A;G-I=&EO;F%L+F1T9"(@+2T^/&1I M=CX@/&1I=CX\(2TM4W1A6QE/3-$ M)U=)1%1(.B`P<'@G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%, M24=..B!L969T.R!724142#H@,"XU:6XG/CQS=')O;F<^-2X\+W-T2<^/'-T6QE/3-$)U1%6%0M04Q)1TXZ(&IU#L@1D].5#H@,3!P="!4:6UE6QE/3-$)U9%4E1)0T%, M+4%,24=..B!B;W1T;VTG/B`\=&0@6QE/3-$)U!!1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)U=)1%1(.B`Q)2<^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%=)1%1(.B`Q)2<^ M)#PO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H=#L@5TE$5$@Z M(#$R)2<^-2PP,C$\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ M(')I9VAT.R!724142#H@,3(E)SXT+#DP,#PO=&0^(#QT9"!S='EL93TS1"=4 M15A4+4%,24=..B!L969T.R!724142#H@,24G/B9N8G-P.SPO=&0^(#PO='(^ M(#QT6QE/3-$)T)!0TM' M4D]53D0M0T],3U(Z(')G8B@R,#0L,C4U+#(P-"D[(%9%4E1)0T%,+4%,24=. M.B!B;W1T;VTG/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXS+#DS-#PO=&0^(#QT9"!S M='EL93TS1"=415A4+4%,24=..B!L969T)SXF;F)S<#L\+W1D/B`\=&0^)FYB M6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P M.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H="<^,2PV,3@\ M+W1D/B`\=&0@6QE/3-$)T)!0TM'4D]53D0M0T],3U(Z('=H:71E M.R!615)424-!3"U!3$E'3CH@8F]T=&]M)SX@/'1D('-T>6QE/3-$)U1%6%0M M04Q)1TXZ(&QE9G0G/E-O9G1W87)E(&1E=F5L;W!M96YT(&-O6QE/3-$)U1%6%0M04Q)1TXZ M(&QE9G0G/B9N8G-P.SPO=&0^(#QT9#XF;F)S<#L\+W1D/B`\=&0@6QE/3-$ M)U1%6%0M04Q)1TXZ(')I9VAT)SXR+#`U-SPO=&0^(#QT9"!S='EL93TS1"=4 M15A4+4%,24=..B!L969T)SXF;F)S<#L\+W1D/B`\+W1R/B`\='(@6QE/3-$)U1%6%0M M04Q)1TXZ(')I9VAT)SXH,30V/"]T9#X@/'1D('-T>6QE/3-$)U1%6%0M04Q) M1TXZ(&QE9G0G/BD\+W1D/B`\+W1R/B`\='(@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G M/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H="<^ M.38Y/"]T9#X@/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P M.SPO=&0^(#PO='(^(#QT6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/DEN=F5S=&UE;G0@:6X@97%U M:71Y('-E8W5R:71I97,L(&5Q=6ET>2!M971H;V0\+W1D/B`\=&0^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO M=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H="<^,2PR,#8\+W1D M/B`\=&0@6QE/3-$)T)!0TM'4D]53D0M0T],3U(Z('=H M:71E.R!615)424-!3"U!3$E'3CH@8F]T=&]M)SX@/'1D('-T>6QE/3-$)U!! M1$1)3D6QE/3-$)U!! M1$1)3D6QE/3-$)T)/4D1%4BU"3U14 M3TTZ(&)L86-K(#%P="!S;VQI9#L@5$585"U!3$E'3CH@;&5F="<^("9N8G-P M.SPO=&0^(#QT9"!S='EL93TS1"="3U)$15(M0D]45$]-.B!B;&%C:R`Q<'0@ M6QE M/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%!!1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#(N-7!T M(&1O=6)L93L@5$585"U!3$E'3CH@;&5F="<^("0\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q) M1TXZ(&QE9G0[(%!!1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#(N-7!T(&1O M=6)L93L@5$585"U!3$E'3CH@;&5F="<^("0\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ M(&QE9G0[(%!!1$1)3D3L@ M34%21TE..B`P<'0@,'!X.R!&3TY4.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@ M5&EM97,L(%-E6QE/3-$)U1%6%0M04Q) M1TXZ(&IU#L@1D].5#H@,3!P="!4:6UE MF5D('5S:6YG('1H92!S=')A:6=H M="UL:6YE(&UE=&AO9"!O=F5R('1H96ER('5S969U;"!L:79E3L@34%21TE..B`P<'0@,'!X.R!&3TY4 M.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-E7-T96T@<')I;W(@=&\@=&AE('1I;64@=&AE('-Y7-T96T@8F5C;VUI;F<@;W!EF%T:6]N(&9O3L@34%21TE..B`P<'0@,'!X.R!&3TY4.B`Q,'!T(%1I;65S($YE=R!2;VUA M;BP@5&EM97,L(%-E2X@07,@82!R97-U;'0L('1H92!#;VUP86YY M(')E8V]G;FEZ960@86X@:6UP86ER;65N="!L;W-S(&]F("0Q+C$@;6EL;&EO M;B!I;B`R,#$R+CPO<#X@/'`@3L@34%21TE..B`P<'0@,'!X.R!&3TY4.B`Q,'!T(%1I;65S($YE=R!2;VUA M;BP@5&EM97,L(%-E3X- M"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R=%\V-6$X,65C-%\R8S,V7S1E M-V)?.34V-U\U.#0V9F0U-#-E-6(-"D-O;G1E;G0M3&]C871I;VXZ(&9I;&4Z M+R\O0SHO-C5A.#%E8S1?,F,S-E\T93=B7SDU-C=?-3@T-F9D-30S935B+U=O M'0O:'1M M;#L@8VAA6%B;&4@86YD($%C8W)U M960@17AP96YS97,\8G(^/"]S=')O;F<^/"]T:#X-"B`@("`@("`@/'1H(&-L M87-S/3-$=&@@8V]L'!E;G-E6%B;&4@ M86YD($%C8W)U960@17AP96YS97,\+W1D/@T*("`@("`@("`\=&0@8VQA&AT;6PQ+71R86YS:71I;VYA;"YD=&0B("TM/CQD M:78^(#QD:78^/"$M+5-T87)T1G)A9VUE;G0M+3X@/'1A8FQE('-T>6QE/3-$ M)TU!4D=)3BU43U`Z(#!P>#L@1D].5#H@,3!P="!4:6UE3L@5D525$E#04PM04Q)1TXZ('1O<"<^(#QT9"!S='EL93TS M1"=415A4+4%,24=..B!L969T.R!724142#H@,"XU:6XG/CQS=')O;F<^-BX\ M+W-T2<^/'-T3L@34%21TE..B`P<'0@,'!X.R!& M3TY4.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-E6QE/3-$)U1%6%0M04Q)1TXZ(&IU#L@1D].5#H@,3!P="!4:6UE6%B;&4@86YD(&%C8W)U960@ M97AP96YS97,@8V]N3L@34%21TE..B`P<'0@,'!X.R!& M3TY4.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-E6QE/3-$)U9%4E1)0T%,+4%,24=..B!B;W1T;VTG/B`\=&0@ M6QE/3-$)U!!1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)U=)1%1(.B`Q)2<^)FYB6QE/3-$ M)U1%6%0M04Q)1TXZ(&QE9G0[(%=)1%1(.B`Q)2<^)#PO=&0^(#QT9"!S='EL M93TS1"=415A4+4%,24=..B!R:6=H=#L@5TE$5$@Z(#$R)2<^,3,L,S@W/"]T M9#X@/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%=)1%1(.B`Q)2<^ M)FYB6QE/3-$)U=)1%1(.B`Q)2<^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%=)1%1(.B`Q)2<^ M)#PO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H=#L@5TE$5$@Z M(#$R)2<^,3(L,C8S/"]T9#X@/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&QE M9G0[(%=)1%1(.B`Q)2<^)FYB6QE/3-$ M)T)!0TM'4D]53D0M0T],3U(Z('=H:71E.R!615)424-!3"U!3$E'3CH@8F]T M=&]M)SX@/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%!!1$1)3D6QE M/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@5$585"U!3$E' M3CH@;&5F="<^("9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"="3U)$15(M0D]4 M5$]-.B!B;&%C:R`Q<'0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%!!1$1) M3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L M86-K(#%P="!S;VQI9#L@5$585"U!3$E'3CH@6QE/3-$)T)!0TM' M4D]53D0M0T],3U(Z(')G8B@R,#0L,C4U+#(P-"D[(%9%4E1)0T%,+4%,24=. M.B!B;W1T;VTG/B`\=&0@6QE M/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%!!1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L M86-K(#(N-7!T(&1O=6)L93L@5$585"U!3$E'3CH@;&5F="<^("0\+W1D/B`\ M=&0@6QE/3-$)U1%6%0M04Q) M1TXZ(&IU#L@1D].5#H@,3!P="!4:6UE M3X-"CPO:'1M;#X- M"@T*+2TM+2TM/5].97AT4&%R=%\V-6$X,65C-%\R8S,V7S1E-V)?.34V-U\U M.#0V9F0U-#-E-6(-"D-O;G1E;G0M3&]C871I;VXZ(&9I;&4Z+R\O0SHO-C5A M.#%E8S1?,F,S-E\T93=B7SDU-C=?-3@T-F9D-30S935B+U=O'0O:'1M;#L@8VAA&AT;6PQ+71R86YS:71I;VYA;"YD=&0B("TM/CQD:78^(#QD M:78^/"$M+5-T87)T1G)A9VUE;G0M+3X@/'1A8FQE('-T>6QE/3-$)TU!4D=) M3BU43U`Z(#!P>#L@1D].5#H@,3!P="!4:6UE3L@5D525$E#04PM04Q)1TXZ('1O<"<^(#QT9"!S='EL93TS1"=72414 M2#H@,'!X)SXF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(&IU6QE/3-$)U1%6%0M04Q)1TXZ(&IU#L@1D].5#H@,3!P="!4:6UE2!W;W5L9"!B96%R(&EN=&5R97-T(&%T M($Q)0D]2("@P+C@T,R4@870@1&5C96UB97(@,S$L(#(P,3(I('!L=7,@,C`P M(&)A65A2!W87,@:6X@8V]M<&QI86YC92!W:71H('1H92!T M97)M6QE/3-$)U1%6%0M04Q)1TXZ(&IU#L@1D].5#H@,3!P="!4:6UE'1E;F0@=&AE M(&5X<&ER871I;VX@9&%T92!F'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQA'0^ M/"$M+41/0U194$4@:'1M;"!054),24,@(BTO+U&AT M;6PQ+T141"]X:'1M;#$M=')A;G-I=&EO;F%L+F1T9"(@+2T^/&1I=CX@/&1I M=CX\(2TM4W1A6QE/3-$)U=)1%1( M.B`P<'@G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!L M969T.R!724142#H@,"XU:6XG/CQS=')O;F<^."X\+W-T2<^/'-T3L@34%21TE..B`P M<'0@,'!X.R!&3TY4.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-E M6QE/3-$)U1%6%0M04Q)1TXZ(&IU#L@1D].5#H@,3!P="!4:6UEFEN9R!I=',@8W5R65E&5C=71I=F4@;V9F:6-E6QE/3-$)U1%6%0M04Q)1TXZ M(&IU#L@1D].5#H@,3!P="!4:6UE3L@34%21TE..B`P<'0@,'!X.R!&3TY4.B`Q,'!T(%1I M;65S($YE=R!2;VUA;BP@5&EM97,L(%-E65E2P@=&AE($-O;7!A;GD@<')O=FED97,@6QE/3-$)U1%6%0M04Q)1TXZ(&IU#L@1D].5#H@,3!P="!4:6UE3L@34%21TE..B`P<'0@,'!X.R!&3TY4.B`Q,'!T M(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-E2!C;VYT2X\+W`^(#QP('-T>6QE/3-$)U1% M6%0M04Q)1TXZ(&IU#L@1D].5#H@,3!P M="!4:6UE3L@34%21TE..B`P<'0@ M,'!X.R!&3TY4.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-E2!M87D@86=A:6X@8F4@ M3L@34%21TE..B`P<'0@,'!X.R!&3TY4.B`Q M,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-EF5N('!L86YS+B!4 M:&4@;VYG;VEN9R!C;W-T(&]F(')U;FYI;F<@=&AE('!L86YS("AE=F5N(&EF M(&9R;WIE;BD@:7,@87!P2`D,"XT(&UI;&QI;VX@<&5R('EE M87(L('=H:6-H(&EN8VQU9&5S(%!"1T,@<')E;6EU;7,L(&%C='5A'!E;G-E6QE M/3-$)U1%6%0M04Q)1TXZ(&IU#L@1D]. M5#H@,3!P="!4:6UE3L@34%21TE. M.B`P<'0@,'!X.R!&3TY4.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM97,L M(%-E2X\+W`^(#QP('-T>6QE/3-$)U1% M6%0M04Q)1TXZ(&IU#L@1D].5#H@,3!P M="!4:6UE3L@34%21TE..B`P<'0@ M,'!X.R!&3TY4.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-E28C,SD[ M3L@34%21TE. M.B`P<'0@,'!X.R!&3TY4.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM97,L M(%-E6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P M="!S;VQI9#L@1D].5"U714E'2%0Z(&)O;&0G/B!/8FQI9V%T:6]N6QE/3-$)U!!1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)T9/3E0M5T5)1TA4.B!B;VQD)SXF;F)S<#L\+W1D/B`\=&0@ M6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[($9/3E0M5T5) M1TA4.B!B;VQD)SXF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1%6%0M M04Q)1TXZ(')I9VAT)SXF;F)S<#L\+W1D/B`\=&0@6QE/3-$)T)! M0TM'4D]53D0M0T],3U(Z('=H:71E.R!615)424-!3"U!3$E'3CH@8F]T=&]M M)SX@/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%=)1%1(.B`W,"4G M/D)E;F5F:70@;V)L:6=A=&EO;B!A="!B96=I;FYI;F<@;V8@>65A6QE/3-$)U1%6%0M04Q)1TXZ M(&QE9G0G/E-E6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXM/"]T9#X@/'1D('-T>6QE/3-$ M)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9#XF;F)S<#L\+W1D M/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXM/"]T9#X@/'1D('-T M>6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#PO='(^(#QT M6QE/3-$ M)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9#XF;F)S<#L\+W1D M/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXS+#4T-3PO=&0^(#QT M9"!S='EL93TS1"=415A4+4%,24=..B!L969T)SXF;F)S<#L\+W1D/B`\+W1R M/B`\='(@6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXW+#6QE/3-$)U1%6%0M04Q)1TXZ(&QE M9G0G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H M="<^-RPV-C(\+W1D/B`\=&0@6QE/3-$)T)!0TM'4D]53D0M0T], M3U(Z('=H:71E.R!615)424-!3"U!3$E'3CH@8F]T=&]M)SX@/'1D('-T>6QE M/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ M(&)L86-K(#%P="!S;VQI9#L@5$585"U!3$E'3CH@;&5F="<^("9N8G-P.SPO M=&0^(#QT9"!S='EL93TS1"="3U)$15(M0D]45$]-.B!B;&%C:R`Q<'0@6QE M/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S M;VQI9#L@5$585"U!3$E'3CH@;&5F="<^("9N8G-P.SPO=&0^(#QT9"!S='EL M93TS1"="3U)$15(M0D]45$]-.B!B;&%C:R`Q<'0@6QE/3-$)U1%6%0M04Q) M1TXZ(&QE9G0[(%!!1$1)3D65A6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^ M(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H="<^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT M9#XF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXF M;F)S<#L\+W1D/B`\=&0@6QE/3-$)T)!0TM'4D]53D0M0T],3U(Z M(')G8B@R,#0L,C4U+#(P-"D[(%9%4E1)0T%,+4%,24=..B!B;W1T;VTG/B`\ M=&0@6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXF;F)S<#L\+W1D/B`\ M=&0@65A6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXU."PQ-#@\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q) M1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9#XF;F)S<#L\+W1D/B`\=&0@6QE M/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXH-C8Q/"]T9#X@/'1D('-T>6QE/3-$ M)U1%6%0M04Q)1TXZ(&QE9G0G/BD\+W1D/B`\+W1R/B`\='(@6QE/3-$ M)U1%6%0M04Q)1TXZ(')I9VAT)SXS+#$U-CPO=&0^(#QT9"!S='EL93TS1"=4 M15A4+4%,24=..B!L969T)SXF;F)S<#L\+W1D/B`\=&0^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT M9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H="<^,BPQ-38\+W1D/B`\=&0@ M6QE/3-$)T)!0TM'4D]53D0M0T],3U(Z(')G8B@R,#0L,C4U+#(P M-"D[(%9%4E1)0T%,+4%,24=..B!B;W1T;VTG/B`\=&0@6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@5$58 M5"U!3$E'3CH@6QE/3-$)T)/ M4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@5$585"U!3$E'3CH@6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K M(#(N-7!T(&1O=6)L93L@5$585"U!3$E'3CH@6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L M86-K(#(N-7!T(&1O=6)L93L@5$585"U!3$E'3CH@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^ M(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H="<^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT M9#XF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXF M;F)S<#L\+W1D/B`\=&0@6QE/3-$)T)!0TM'4D]53D0M0T],3U(Z M('=H:71E.R!615)424-!3"U!3$E'3CH@8F]T=&]M)SX@/'1D('-T>6QE/3-$ M)U1%6%0M04Q)1TXZ(&QE9G0[($9/3E0M5T5)1TA4.B!B;VQD)SY&=6YD960@ M4W1A='5S/"]T9#X@/'1D/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4 M+4%,24=..B!L969T)SXF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9"!S='EL M93TS1"=415A4+4%,24=..B!R:6=H="<^)FYB6QE M/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#PO='(^(#QT6QE/3-$)U1%6%0M04Q) M1TXZ(&QE9G0G/D9U;F1E9"!S=&%T=7,\+W1D/B`\=&0^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT M9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H="<^*#$Y+#8R-CPO=&0^(#QT M9"!S='EL93TS1"=415A4+4%,24=..B!L969T)SXI/"]T9#X@/'1D/B9N8G-P M.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!L969T)SXF;F)S<#L\ M+W1D/B`\=&0@6QE/3-$)U1%6%0M M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%, M24=..B!R:6=H="<^-#,L-S$Y/"]T9#X@/'1D('-T>6QE/3-$)U1%6%0M04Q) M1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#PO='(^(#QT6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%!! M1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K M(#%P="!S;VQI9#L@5$585"U!3$E'3CH@;&5F="<^("9N8G-P.SPO=&0^(#QT M9"!S='EL93TS1"="3U)$15(M0D]45$]-.B!B;&%C:R`Q<'0@6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@ M5$585"U!3$E'3CH@;&5F="<^("9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=" M3U)$15(M0D]45$]-.B!B;&%C:R`Q<'0@6QE/3-$)U1%6%0M04Q) M1TXZ(&QE9G0[(%!!1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#(N-7!T(&1O M=6)L93L@5$585"U!3$E'3CH@;&5F="<^("0\+W1D/B`\=&0@6QE/3-$)TU!4D=)3CH@,'!T(#!P>#L@1D]. M5#H@,3!P="!4:6UE6QE/3-$)U=)1%1(.B`Q,#`E.R!"3U)$15(M0T], M3$%04T4Z(&-O;&QA<'-E.R!&3TY4.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@ M5&EM97,L(%-E6QE/3-$)U!!1$1)3D6QE/3-$)U!!1$1)3D6QE M/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%=)1%1(.B`W,"4G/D1I6QE/3-$)U=)1%1(.B`Q)2<^ M)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%=) M1%1(.B`Q)2<^)FYB6QE/3-$)U1%6%0M04Q)1TXZ M(')I9VAT.R!724142#H@,3(E)SXU+C(U/"]T9#X@/'1D('-T>6QE/3-$)U1% M6%0M04Q)1TXZ(&QE9G0[(%=)1%1(.B`Q)2<^)3PO=&0^(#PO='(^(#QT6QE/3-$)U1%6%0M04Q)1TXZ(')I M9VAT)SXX+C`P/"]T9#X@/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G M/B4\+W1D/B`\+W1R/B`\='(@6QE/3-$)TU!4D=)3CH@,'!T(#!P>#L@1D].5#H@,3!P M="!4:6UE6QE/3-$)U=)1%1(.B`Q,#`E.R!"3U)$15(M0T],3$%04T4Z M(&-O;&QA<'-E.R!&3TY4.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM97,L M(%-E6QE/3-$)U!!1$1)3D6QE/3-$)U1%6%0M M04Q)1TXZ(&QE9G0G/B0\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ M(')I9VAT)SXM/"]T9#X@/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G M/B9N8G-P.SPO=&0^(#PO='(^(#QT6QE/3-$)U=)1%1(.B`Q)2<^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%=)1%1(.B`Q)2<^)FYB M6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT.R!72414 M2#H@,3(E)SXS+#4W-#PO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!L M969T.R!724142#H@,24G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=72414 M2#H@,24G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!L M969T.R!724142#H@,24G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4 M+4%,24=..B!R:6=H=#L@5TE$5$@Z(#$R)2<^,RPU-#4\+W1D/B`\=&0@6QE/3-$)T)!0TM' M4D]53D0M0T],3U(Z('=H:71E.R!615)424-!3"U!3$E'3CH@8F]T=&]M)SX@ M/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/E)E8V]G;FEZ960@9V%I M;G,\+W1D/B`\=&0^)FYB6QE/3-$)U1%6%0M04Q) M1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=. M.B!R:6=H="<^,2PT.#$\+W1D/B`\=&0@6QE/3-$)U1% M6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#PO='(^(#QT6QE/3-$)U1%6%0M04Q)1TXZ(&QE M9G0[(%!!1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)T)!0TM'4D]53D0M0T],3U(Z('=H:71E.R!615)424-!3"U! M3$E'3CH@8F]T=&]M)SX@/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[ M(%!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#(N-7!T(&1O=6)L93L@ M5$585"U!3$E'3CH@6QE/3-$)U9%4E1)0T%,+4%,24=..B!B;W1T;VTG/B`\=&0@6QE/3-$ M)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@5$585"U!3$E'3CH@ M6QE/3-$)U!!1$1)3D6QE/3-$)T)/4D1%4BU" M3U143TTZ(&)L86-K(#%P="!S;VQI9#L@5$585"U!3$E'3CH@6QE/3-$)T)!0TM' M4D]53D0M0T],3U(Z(')G8B@R,#0L,C4U+#(P-"D[(%9%4E1)0T%,+4%,24=. M.B!B;W1T;VTG/B`\=&0@3PO=&0^(#QT9"!S M='EL93TS1"=724142#H@,24G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=4 M15A4+4%,24=..B!L969T.R!724142#H@,24G/B0\+W1D/B`\=&0@6QE/3-$)U=)1%1(.B`Q)2<^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%=)1%1(.B`Q)2<^)#PO=&0^ M(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H=#L@5TE$5$@Z(#$R)2<^ M*#$Y+#`X,CPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!L969T.R!7 M24142#H@,24G/BD\+W1D/B`\+W1R/B`\='(@6QE/3-$)U1%6%0M04Q)1TXZ(&QE M9G0G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H M="<^,C6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G M/B9N8G-P.SPO=&0^(#PO='(^(#QT6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%!!1$1)3D"!A6QE/3-$)T)/4D1%4BU"3U14 M3TTZ(&)L86-K(#%P="!S;VQI9#L@5$585"U!3$E'3CH@6QE/3-$)U!!1$1) M3D6QE/3-$)U1%6%0M04Q) M1TXZ(&QE9G0[(%!!1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#(N-7!T(&1O M=6)L93L@5$585"U!3$E'3CH@;&5F="<^("0\+W1D/B`\=&0@6QE/3-$)TU!4D=)3CH@,'!T(#!P>#L@1D]. M5#H@,3!P="!4:6UE6QE/3-$)U=)1%1(.B`Q,#`E.R!"3U)$15(M0T], M3$%04T4Z(&-O;&QA<'-E.R!&3TY4.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@ M5&EM97,L(%-E6QE/3-$)U!!1$1)3D6QE/3-$)U=)1%1(.B`Q)2<^)FYB6QE/3-$)U1% M6%0M04Q)1TXZ(&QE9G0[(%=)1%1(.B`Q)2<^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT.R!724142#H@,3(E)SXT+C`P/"]T M9#X@/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%=)1%1(.B`Q)2<^ M)3PO=&0^(#QT9"!S='EL93TS1"=724142#H@,24G/B9N8G-P.SPO=&0^(#QT M9"!S='EL93TS1"=415A4+4%,24=..B!L969T.R!724142#H@,24G/B9N8G-P M.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H=#L@5TE$5$@Z M(#$R)2<^-"XW-3PO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!L969T M.R!724142#H@,24G/B4\+W1D/B`\+W1R/B`\='(@6QE M/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#(N-7!T(&1O=6)L93L@1D].5#H@ M,3!P="!4:6UE6QE/3-$ M)T)/4D1%4BU"3U143TTZ(&)L86-K(#(N-7!T(&1O=6)L93L@1D].5#H@,3!P M="!4:6UE"<^)FYB6QE/3-$ M)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@1D].5"U35%E,13H@ M:71A;&EC)SX@26YF;W)M871I;VX@9F]R(%!E;G-I;VX@4&QA;G,@=VET:"!A M;B!!8V-U;75L871E9"!"96YE9FET/&)R("\^($]B;&EG871I;VX@:6X@97AC M97-S(&]F('!L86X@87-S971S/"]T9#X@/'1D('-T>6QE/3-$)U!!1$1)3D6QE/3-$)U=)1%1(.B`Q)2<^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%=)1%1(.B`Q)2<^)#PO M=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H=#L@5TE$5$@Z(#$R M)2<^.#4L-3$V/"]T9#X@/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[ M(%=)1%1(.B`Q)2<^)FYB6QE/3-$)U=)1%1(.B`Q M)2<^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[ M(%=)1%1(.B`Q)2<^)#PO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R M:6=H=#L@5TE$5$@Z(#$R)2<^-S6QE/3-$)U1% M6%0M04Q)1TXZ(&QE9G0[(%=)1%1(.B`Q)2<^)FYB6QE/3-$)T)!0TM'4D]53D0M0T],3U(Z('=H:71E.R!615)424-! M3"U!3$E'3CH@8F]T=&]M)SX@/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&QE M9G0G/D%C8W5M=6QA=&5D(&)E;F5F:70@;V)L:6=A=&EO;CPO=&0^(#QT9#XF M;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^ M(#QT9#XF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P M.SPO=&0^(#PO='(^(#QT6QE/3-$)U!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#(N-7!T M(&1O=6)L93L@5$585"U!3$E'3CH@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%!!1$1)3D6QE/3-$)U=)1%1(.B`Q M,#`E.R!"3U)$15(M0T],3$%04T4Z(&-O;&QA<'-E.R!&3TY4.B`Q,'!T(%1I M;65S($YE=R!2;VUA;BP@5&EM97,L(%-E6QE/3-$)U!!1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%=)1%1(.B`W M,"4G/D1E8G0@6QE M/3-$)U=)1%1(.B`Q)2<^)FYB6QE/3-$)U1%6%0M M04Q)1TXZ(&QE9G0[(%=)1%1(.B`Q)2<^)FYB6QE M/3-$)U1%6%0M04Q)1TXZ(')I9VAT.R!724142#H@,3(E)SXR-SPO=&0^(#QT M9"!S='EL93TS1"=415A4+4%,24=..B!L969T.R!724142#H@,24G/B4\+W1D M/B`\+W1R/B`\='(@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO M=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H="<^-CD\+W1D/B`\ M=&0@6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXV-SPO=&0^ M(#QT9"!S='EL93TS1"=415A4+4%,24=..B!L969T)SXE/"]T9#X@/"]T6QE/3-$)T)!0TM'4D]53D0M0T],3U(Z(')G8B@R,#0L,C4U+#(P M-"D[(%9%4E1)0T%,+4%,24=..B!B;W1T;VTG/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^ M(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H="<^-3PO=&0^(#QT9"!S M='EL93TS1"=415A4+4%,24=..B!L969T)SXE/"]T9#X@/'1D/B9N8G-P.SPO M=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!L969T)SXF;F)S<#L\+W1D M/B`\=&0@2!M87)K970@9G5N9',\+W1D/B`\ M=&0@6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@ M5$585"U!3$E'3CH@;&5F="<^("9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=" M3U)$15(M0D]45$]-.B!B;&%C:R`Q<'0@6QE/3-$)U!!1$1) M3D6QE/3-$)U!!1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#(N-7!T M(&1O=6)L93L@5$585"U!3$E'3CH@;&5F="<^("9N8G-P.SPO=&0^(#QT9"!S M='EL93TS1"="3U)$15(M0D]45$]-.B!B;&%C:R`R+C5P="!D;W5B;&4[(%1% M6%0M04Q)1TXZ(')I9VAT)SX@,3`P/"]T9#X@/'1D('-T>6QE/3-$)U1%6%0M M04Q)1TXZ(&QE9G0[(%!!1$1)3D6QE/3-$)U1%6%0M04Q)1TXZ M(&IU#L@1D].5#H@,3!P="!4:6UE'0@9FEV92!Y96%R65A65A6QE/3-$)U1%6%0M M04Q)1TXZ(&IU#L@1D].5#H@,3!P="!4 M:6UE3L@34%21TE..B`P<'0@,'!X M.R!&3TY4.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-E'!E8W1E9"!R871E(&]F(')E='5R;BX\+W`^(#QP('-T M>6QE/3-$)U1%6%0M04Q)1TXZ(&IU#L@ M1D].5#H@,3!P="!4:6UE3L@34%2 M1TE..B`P<'0@,'!X.R!&3TY4.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM M97,L(%-E2`D,BXQ(&UI;&QI;VX@86YD("0W+CD@;6EL;&EO;B!I;B`R,#$R(&%N9"`R M,#$Q(&%N9"!I;F-R96%S960@8V]M<')E:&5N2X\+W`^(#QP('-T>6QE M/3-$)U1%6%0M04Q)1TXZ(&IU#L@1D]. M5#H@,3!P="!4:6UE3L@34%21TE. M.B`P<'0@,'!X.R!&3TY4.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM97,L M(%-E6QE/3-$ M)U1%6%0M04Q)1TXZ(&IU#L@1D].5#H@ M,3!P="!4:6UE3L@34%21TE..B`P M<'0@,'!X.R!&3TY4.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-E M&5D(&EN8V]M92!I;G9E2X\+W`^(#QP('-T>6QE/3-$ M)U1%6%0M04Q)1TXZ(&IU#L@1D].5#H@ M,3!P="!4:6UE3L@34%21TE..B`P M<'0@,'!X.R!&3TY4.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-E M2!O6QE/3-$ M)U1%6%0M04Q)1TXZ(&IU#L@1D].5#H@ M,3!P="!4:6UE6QE/3-$)U1%6%0M04Q)1TXZ(&IU#L@ M1D].5#H@,3!P="!4:6UE3L@34%2 M1TE..B`P<'0@,'!X(#!P="`P+C`U<'0[($9/3E0Z(#$P<'0@5&EM97,@3F5W M(%)O;6%N+"!4:6UE6EN9R!A3L@34%21TE..B`P<'0@,'!X(#!P="`P+C`U M<'0[($9/3E0Z(#$P<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE2!T:&4@<&QA;G,@870@>65A M2!I;G1E;F1E9"!T;R!E<75A;"!O M;F4@9&]L;&%R('!E6QE/3-$)U1%6%0M04Q) M1TXZ(&IU"`P<'0@,"XP-7!T.R!&3TY4 M.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-E6QE/3-$)U9%4E1) M0T%,+4%,24=..B!B;W1T;VTG/B`\=&0@6QE/3-$)U!!1$1)3D6QE/3-$)U!!1$1)3D6QE M/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS M1"=415A4+4%,24=..B!R:6=H="<^)FYB6QE/3-$ M)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#PO='(^(#QT6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N M8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H="<^)FYB M6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P M.SPO=&0^(#QT9#XF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ M(')I9VAT)SXF;F)S<#L\+W1D/B`\=&0@6QE/3-$)T)!0TM'4D]5 M3D0M0T],3U(Z(')G8B@R,#0L,C4U+#(P-"D[(%9%4E1)0T%,+4%,24=..B!B M;W1T;VTG/B`\=&0@2!F=6YD6QE/3-$)U1%6%0M04Q)1TXZ M(&QE9G0[(%=)1%1(.B`Q)2<^)FYB6QE/3-$)U=) M1%1(.B`Q)2<^)FYB6QE/3-$)U1%6%0M04Q)1TXZ M(&QE9G0[(%=)1%1(.B`Q)2<^)#PO=&0^(#QT9"!S='EL93TS1"=415A4+4%, M24=..B!R:6=H=#L@5TE$5$@Z(#$R)2<^-BPW-#(\+W1D/B`\=&0@6QE/3-$ M)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=4 M15A4+4%,24=..B!R:6=H="<^,3@L-C(V/"]T9#X@/'1D('-T>6QE/3-$)U1% M6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9#XF;F)S<#L\+W1D/B`\ M=&0@6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXQ-BPP,S<\+W1D/B`\=&0@ M6QE/3-$)T)!0TM'4D]53D0M0T],3U(Z(')G8B@R,#0L,C4U+#(P M-"D[(%9%4E1)0T%,+4%,24=..B!B;W1T;VTG/B`\=&0@2!F=6YD6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXU+#@T.#PO=&0^(#QT9"!S='EL M93TS1"=415A4+4%,24=..B!L969T)SXF;F)S<#L\+W1D/B`\=&0^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO M=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H="<^-2PR,S8\+W1D M/B`\=&0@6QE/3-$)T)!0TM'4D]53D0M0T],3U(Z('=H:71E.R!6 M15)424-!3"U!3$E'3CH@8F]T=&]M)SX@/'1D('-T>6QE/3-$)U1%6%0M04Q) M1TXZ(&QE9G0[(%1%6%0M24Y$14Y4.B`Q.2XS-7!T)SY);G1E2!F=6YD6QE/3-$ M)U1%6%0M04Q)1TXZ(')I9VAT)SXQ,RPP.#,\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9"!S M='EL93TS1"=415A4+4%,24=..B!R:6=H="<^,RPV-#`\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^ M(#PO='(^(#QT6QE/3-$ M)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=4 M15A4+4%,24=..B!R:6=H="<^)FYB6QE/3-$)U1% M6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9#XF;F)S<#L\+W1D/B`\ M=&0@6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXF;F)S<#L\+W1D/B`\=&0@ M6QE/3-$)T)!0TM'4D]53D0M0T],3U(Z(')G8B@R,#0L,C4U+#(P M-"D[(%9%4E1)0T%,+4%,24=..B!B;W1T;VTG/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXQ-BPU M,3`\+W1D/B`\=&0@6QE/3-$)T)/4D1% M4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@5$585"U!3$E'3CH@;&5F="<^ M("9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"="3U)$15(M0D]45$]-.B!B;&%C M:R`Q<'0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI M9#L@5$585"U!3$E'3CH@6QE/3-$)T)!0TM'4D]53D0M0T],3U(Z(')G M8B@R,#0L,C4U+#(P-"D[(%9%4E1)0T%,+4%,24=..B!B;W1T;VTG/B`\=&0@ M6QE/3-$)U1%6%0M04Q)1TXZ M(&QE9G0[(%!!1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#(N-7!T(&1O=6)L M93L@5$585"U!3$E'3CH@;&5F="<^("0\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(&IU#L@1D].5#H@,3!P="!4:6UE3L@34%21TE..B`P<'0@,'!X.R!&3TY4.B`Q,'!T(%1I;65S M($YE=R!2;VUA;BP@5&EM97,L(%-E6QE/3-$ M)U1%6%0M04Q)1TXZ(&IU#L@1D].5#H@ M,3!P="!4:6UE65E2!M871C:&5S(&$@8V5R=&%I M;B!P;W)T:6]N(&]F(&5M<&QO>65E(&-O;G1R:6)U=&EO;G,N($5X<&5N3L@34%21TE..B`P<'0@,'!X.R!&3TY4.B`Q,'!T(%1I;65S($YE M=R!2;VUA;BP@5&EM97,L(%-E65E2X@5&AE(&-O3L@34%21TE..B`P<'0@,'!X M.R!&3TY4.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-E6QE/3-$)U1%6%0M04Q)1TXZ(&IU#L@1D].5#H@,3!P="!4:6UE3X-"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R=%\V M-6$X,65C-%\R8S,V7S1E-V)?.34V-U\U.#0V9F0U-#-E-6(-"D-O;G1E;G0M M3&]C871I;VXZ(&9I;&4Z+R\O0SHO-C5A.#%E8S1?,F,S-E\T93=B7SDU-C=? M-3@T-F9D-30S935B+U=O'0O:'1M;#L@8VAA'!E;G-E'!E M;G-E&AT;6PQ+71R86YS:71I;VYA;"YD=&0B("TM/CQD M:78^(#QD:78^/"$M+5-T87)T1G)A9VUE;G0M+3X@/'1A8FQE('-T>6QE/3-$ M)TU!4D=)3BU43U`Z(#!P>#L@1D].5#H@,3!P="!4:6UE3L@5D525$E#04PM04Q)1TXZ('1O<"<^(#QT9"!S='EL93TS M1"=724142#H@,'!X)SXF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(&IU3L@34%21TE..B`P<'0@,'!X.R!& M3TY4.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-E3L@34%21TE..B`P<'0@,'!X.R!&3TY4.B`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`\=&0^)FYB6QE/3-$)T)!0TM'4D]53D0M M0T],3U(Z(')G8B@R,#0L,C4U+#(P-"D[(%9%4E1)0T%,+4%,24=..B!B;W1T M;VTG/B`\=&0@6QE/3-$)U=)1%1(.B`Q)2<^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%=)1%1(.B`Q)2<^)#PO=&0^(#QT M9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H=#L@5TE$5$@Z(#$R)2<^*#(W M/"]T9#X@/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%=)1%1(.B`Q M)2<^*3PO=&0^(#QT9"!S='EL93TS1"=724142#H@,24G/B9N8G-P.SPO=&0^ M(#QT9"!S='EL93TS1"=415A4+4%,24=..B!L969T.R!724142#H@,24G/B0\ M+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT.R!7 M24142#H@,3(E)SXR,CPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!L M969T.R!724142#H@,24G/B9N8G-P.SPO=&0^(#PO='(^(#QT'!E;G-E("AI;F-O;64I/"]T9#X@/'1D('-T>6QE/3-$)U!!1$1) M3D6QE/3-$)T)/4D1%4BU"3U143TTZ M(&)L86-K(#%P="!S;VQI9#L@5$585"U!3$E'3CH@;&5F="<^("9N8G-P.SPO M=&0^(#QT9"!S='EL93TS1"="3U)$15(M0D]45$]-.B!B;&%C:R`Q<'0@6QE/3-$)U!!1$1)3D'!E;G-E6QE/3-$)U!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#(N-7!T(&1O=6)L M93L@5$585"U!3$E'3CH@;&5F="<^("0\+W1D/B`\=&0@6QE/3-$)T)/4D1%4BU" M3U143TTZ(&)L86-K(#(N-7!T(&1O=6)L93L@5$585"U!3$E'3CH@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%!! M1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L M86-K(#(N-7!T(&1O=6)L93L@5$585"U!3$E'3CH@'0O:F%V87-C3X- M"B`@("`\=&%B;&4@8VQA&5S/&)R/CPO'0^/"$M+41/0U194$4@:'1M;"!054),24,@(BTO+U&AT;6PQ+T141"]X:'1M;#$M=')A;G-I=&EO;F%L+F1T9"(@+2T^ M/&1I=CX@/&1I=CX\(2TM4W1A6QE M/3-$)U=)1%1(.B`P<'@G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4 M+4%,24=..B!L969T.R!724142#H@,"XU:6XG/B`\6QE/3-$)TU!4D=)3CH@,'!T(#!P>#L@1D].5#H@,3!P="!4 M:6UE2!F:6QE2!T87@@875T:&]R:71I97,@ M9F]R('EE87)S(&)E9F]R92`R,#`X+CPO<#X@/'`@"!P6QE/3-$)U9%4E1)0T%,+4%, M24=..B!B;W1T;VTG/B`\=&0@6QE/3-$)U!!1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)T)/ M4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@5$585"U!3$E'3CH@8V5N M=&5R)R!C;VQS<&%N/3-$-CXR,#$Q/"]T9#X@/'1D('-T>6QE/3-$)U!!1$1) M3D6QE/3-$ M)U9%4E1)0T%,+4%,24=..B!B;W1T;VTG/B`\=&0^)FYB6QE/3-$)U!!1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)T)!0TM'4D]53D0M0T],3U(Z(')G M8B@R,#0L,C4U+#(P-"D[(%9%4E1)0T%,+4%,24=..B!B;W1T;VTG/B`\=&0@ M6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%=)1%1(.B`Q)2<^)FYB6QE/3-$)U=)1%1(.B`Q)2<^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%=)1%1(.B`Q)2<^)#PO=&0^(#QT M9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H=#L@5TE$5$@Z(#DE)SXH,S(W M/"]T9#X@/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%=)1%1(.B`Q M)2<^*3PO=&0^(#QT9"!S='EL93TS1"=724142#H@,24G/B9N8G-P.SPO=&0^ M(#QT9"!S='EL93TS1"=415A4+4%,24=..B!L969T.R!724142#H@,24G/B0\ M+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[ M(%=)1%1(.B`Q)2<^)FYB6QE/3-$)U=)1%1(.B`Q M)2<^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[ M(%=)1%1(.B`Q)2<^)#PO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R M:6=H=#L@5TE$5$@Z(#DE)SXW+#DT.#PO=&0^(#QT9"!S='EL93TS1"=415A4 M+4%,24=..B!L969T.R!724142#H@,24G/B9N8G-P.SPO=&0^(#QT9"!S='EL M93TS1"=724142#H@,24G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4 M+4%,24=..B!L969T.R!724142#H@,24G/B0\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%=)1%1(.B`Q)2<^)FYB6QE/3-$)U=)1%1(.B`Q)2<^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%=)1%1(.B`Q)2<^)#PO=&0^ M(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H=#L@5TE$5$@Z(#DE)SXQ M+#$Q,CPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!L969T.R!72414 M2#H@,24G/B9N8G-P.SPO=&0^(#PO='(^(#QT6QE/3-$)T)/ M4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@5$585"U!3$E'3CH@6QE M/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@5$585"U!3$E' M3CH@;&5F="<^("9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"="3U)$15(M0D]4 M5$]-.B!B;&%C:R`Q<'0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K M(#%P="!S;VQI9#L@5$585"U!3$E'3CH@6QE/3-$)T)/4D1%4BU"3U143TTZ M(&)L86-K(#%P="!S;VQI9#L@5$585"U!3$E'3CH@;&5F="<^("9N8G-P.SPO M=&0^(#QT9"!S='EL93TS1"="3U)$15(M0D]45$]-.B!B;&%C:R`Q<'0@6QE/3-$ M)U1%6%0M04Q)1TXZ(&QE9G0[(%!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@5$585"U! M3$E'3CH@6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@ M5$585"U!3$E'3CH@;&5F="<^("9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=" M3U)$15(M0D]45$]-.B!B;&%C:R`Q<'0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[ M(%!!1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)U!!1$1) M3D6QE/3-$)T)/ M4D1%4BU"3U143TTZ(&)L86-K(#(N-7!T(&1O=6)L93L@5$585"U!3$E'3CH@ M;&5F="<^("0\+W1D/B`\=&0@6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K M(#(N-7!T(&1O=6)L93L@5$585"U!3$E'3CH@6QE/3-$)U!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ M(&)L86-K(#(N-7!T(&1O=6)L93L@5$585"U!3$E'3CH@;&5F="<^("0\+W1D M/B`\=&0@6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#(N-7!T(&1O=6)L M93L@5$585"U!3$E'3CH@6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#(N-7!T(&1O=6)L93L@ M5$585"U!3$E'3CH@6QE/3-$ M)U1%6%0M04Q)1TXZ(&IU#L@1D].5#H@ M,3!P="!4:6UE"!R871E('9A6QE/3-$)U1%6%0M04Q)1TXZ(&IU#L@1D].5#H@,3!P="!4:6UE6QE/3-$)U=)1%1(.B`Q,#`E.R!"3U)$ M15(M0T],3$%04T4Z(&-O;&QA<'-E.R!&3TY4.B`Q,'!T(%1I;65S($YE=R!2 M;VUA;BP@5&EM97,L(%-E6QE/3-$)U!!1$1)3D6QE/3-$)U!!1$1)3D2!F961E6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%=)1%1(.B`Q)2<^ M)3PO=&0^(#QT9"!S='EL93TS1"=724142#H@,24G/B9N8G-P.SPO=&0^(#QT M9"!S='EL93TS1"=415A4+4%,24=..B!L969T.R!724142#H@,24G/B9N8G-P M.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H=#L@5TE$5$@Z M(#DE)SXS-2XP/"]T9#X@/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[ M(%=)1%1(.B`Q)2<^)3PO=&0^(#QT9"!S='EL93TS1"=724142#H@,24G/B9N M8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!L969T.R!72414 M2#H@,24G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R M:6=H=#L@5TE$5$@Z(#DE)SXS-2XP/"]T9#X@/'1D('-T>6QE/3-$)U1%6%0M M04Q)1TXZ(&QE9G0[(%=)1%1(.B`Q)2<^)3PO=&0^(#PO='(^(#QT6QE/3-$)U1%6%0M04Q)1TXZ M(&QE9G0G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R M:6=H="<^-"XP/"]T9#X@/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G M/B9N8G-P.SPO=&0^(#QT9#XF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1%6%0M M04Q)1TXZ(')I9VAT)SXT+C,\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q) M1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=. M.B!R:6=H="<^*#,N,#PO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!L M969T)SXI/"]T9#X@/'1D/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4 M+4%,24=..B!L969T)SXF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1% M6%0M04Q)1TXZ(')I9VAT)SXH,BXW/"]T9#X@/'1D('-T>6QE/3-$)U1%6%0M M04Q)1TXZ(&QE9G0G/BD\+W1D/B`\+W1R/B`\='(@6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K M(#%P="!S;VQI9#L@5$585"U!3$E'3CH@6QE/3-$)U!!1$1)3D6QE/3-$ M)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@5$585"U!3$E'3CH@ M6QE/3-$)U1%6%0M04Q)1TXZ(&QE M9G0[(%!!1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ M(&)L86-K(#(N-7!T(&1O=6)L93L@5$585"U!3$E'3CH@;&5F="<^("9N8G-P M.SPO=&0^(#QT9"!S='EL93TS1"="3U)$15(M0D]45$]-.B!B;&%C:R`R+C5P M="!D;W5B;&4[(%1%6%0M04Q)1TXZ(')I9VAT)SX@,S6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#(N-7!T(&1O M=6)L93L@5$585"U!3$E'3CH@6QE M/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%!!1$1)3D6QE/3-$)TU!4D=)3CH@,'!T M(#!P>#L@1D].5#H@,3!P="!4:6UE3L@34%21TE..B`P<'0@,'!X.R!&3TY4.B`Q,'!T(%1I;65S($YE=R!2;VUA M;BP@5&EM97,L(%-E28C,SD[6QE/3-$)TU!4D=) M3CH@,'!T(#!P>#L@1D].5#H@,3!P="!4:6UE6QE/3-$)U=)1%1(.B`Q M,#`E.R!"3U)$15(M0T],3$%04T4Z(&-O;&QA<'-E.R!&3TY4.B`Q,'!T(%1I M;65S($YE=R!2;VUA;BP@5&EM97,L(%-E6QE/3-$)T)/4D1%4BU" M3U143TTZ(&)L86-K(#%P="!S;VQI9#L@5$585"U!3$E'3CH@6QE/3-$)U!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L M86-K(#%P="!S;VQI9#L@5$585"U!3$E'3CH@6QE/3-$)T)!0TM'4D]53D0M0T], M3U(Z(')G8B@R,#0L,C4U+#(P-"D[(%9%4E1)0T%,+4%,24=..B!B;W1T;VTG M/B`\=&0@"!A6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G M/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H="<^ M)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N M8G-P.SPO=&0^(#PO='(^(#QT6QE/3-$)U1%6%0M04Q) M1TXZ(')I9VAT.R!724142#H@.24G/C,Y,3PO=&0^(#QT9"!S='EL93TS1"=4 M15A4+4%,24=..B!L969T.R!724142#H@,24G/B9N8G-P.SPO=&0^(#QT9"!S M='EL93TS1"=724142#H@,24G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=4 M15A4+4%,24=..B!L969T.R!724142#H@,24G/B0\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%=)1%1(.B`Q)2<^)FYB6QE/3-$)T)!0TM'4D]53D0M0T],3U(Z(')G M8B@R,#0L,C4U+#(P-"D[(%9%4E1)0T%,+4%,24=..B!B;W1T;VTG/B`\=&0@ M65E(&-O;7!E;G-A=&EO;B!A;F0@8F5N969I=',\+W1D/B`\=&0^ M)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N M8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H="<^,RPS M-#,\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE M9G0G/B9N8G-P.SPO=&0^(#PO='(^(#QT6QE/3-$)U1%6%0M04Q)1TXZ M(')I9VAT)SXQ+#$R,SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!L M969T)SXF;F)S<#L\+W1D/B`\=&0^)FYB6QE/3-$ M)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=4 M15A4+4%,24=..B!R:6=H="<^,2PV,C4\+W1D/B`\=&0@6QE/3-$ M)T)!0TM'4D]53D0M0T],3U(Z(')G8B@R,#0L,C4U+#(P-"D[(%9%4E1)0T%, M+4%,24=..B!B;W1T;VTG/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT M9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H="<^-3,S/"]T9#X@/'1D('-T M>6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#PO='(^(#QT M6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT M9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H="<^,38L,36QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#PO='(^ M(#QT6QE/3-$)U!! M1$1)3D6QE/3-$)U1%6%0M04Q)1TXZ(&QE M9G0G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H M="<^,BPQ,38\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q) M1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#PO='(^(#QT6QE/3-$)T)/4D1%4BU"3U14 M3TTZ(&)L86-K(#%P="!S;VQI9#L@5$585"U!3$E'3CH@;&5F="<^("9N8G-P M.SPO=&0^(#QT9"!S='EL93TS1"="3U)$15(M0D]45$]-.B!B;&%C:R`Q<'0@ M6QE M/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@5$58 M5"U!3$E'3CH@6QE/3-$)T)!0TM'4D]53D0M0T],3U(Z(')G8B@R,#0L M,C4U+#(P-"D[(%9%4E1)0T%,+4%,24=..B!B;W1T;VTG/B`\=&0@6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L M86-K(#%P="!S;VQI9#L@5$585"U!3$E'3CH@6QE/3-$)U!!1$1)3D"!L:6%B:6QI=&EE6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT M9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H="<^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9#XF M;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXF;F)S M<#L\+W1D/B`\=&0@6QE/3-$)T)!0TM'4D]53D0M0T],3U(Z(')G M8B@R,#0L,C4U+#(P-"D[(%9%4E1)0T%,+4%,24=..B!B;W1T;VTG/B`\=&0@ M6QE M/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS M1"=415A4+4%,24=..B!R:6=H="<^,3`L,C`U/"]T9#X@/'1D('-T>6QE/3-$ M)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9#XF;F)S<#L\+W1D M/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXY+#(Q-SPO=&0^(#QT M9"!S='EL93TS1"=415A4+4%,24=..B!L969T)SXF;F)S<#L\+W1D/B`\+W1R M/B`\='(@6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXX+#`V.3PO=&0^(#QT9"!S='EL M93TS1"=415A4+4%,24=..B!L969T)SXF;F)S<#L\+W1D/B`\=&0^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO M=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H="<^."PT,#$\+W1D M/B`\=&0@6QE/3-$)T)!0TM'4D]53D0M0T],3U(Z(')G8B@R,#0L M,C4U+#(P-"D[(%9%4E1)0T%,+4%,24=..B!B;W1T;VTG/B`\=&0@6QE/3-$)U!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@ M5$585"U!3$E'3CH@;&5F="<^("9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=" M3U)$15(M0D]45$]-.B!B;&%C:R`Q<'0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[ M(%!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K M(#%P="!S;VQI9#L@5$585"U!3$E'3CH@;&5F="<^("9N8G-P.SPO=&0^(#QT M9"!S='EL93TS1"="3U)$15(M0D]45$]-.B!B;&%C:R`Q<'0@6QE/3-$)U1% M6%0M04Q)1TXZ(&QE9G0[(%!!1$1)3D6QE M/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@5$585"U!3$E' M3CH@6QE/3-$)T)!0TM'4D]53D0M0T],3U(Z(')G8B@R,#0L,C4U M+#(P-"D[(%9%4E1)0T%,+4%,24=..B!B;W1T;VTG/B`\=&0@6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K M(#(N-7!T(&1O=6)L93L@5$585"U!3$E'3CH@6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#(N M-7!T(&1O=6)L93L@5$585"U!3$E'3CH@6QE/3-$ M)U1%6%0M04Q)1TXZ(&IU#L@1D].5#H@ M,3!P="!4:6UE3L@34%21TE..B`P M<'0@,'!X.R!&3TY4.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-E M6QE/3-$)U1%6%0M M04Q)1TXZ(&IU#L@1D].5#H@,3!P="!4 M:6UE"!P87EM96YT2X@5&AE M($-O;7!A;GD@97AP96-T&5S('!R M979I;W5S;'D@<&%I9#QE;3XN/"]E;3X\+W`^(#QP('-T>6QE/3-$)U1%6%0M M04Q)1TXZ(&IU#L@1D].5#H@,3!P="!4 M:6UE3L@34%21TE..B`P<'0@,'!X M.R!&3TY4.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-E"!R971U2P@=V]U;&0@'1087)T7S8U83@Q96,T7S)C,S9?-&4W8E\Y-38W7S4X-#9F9#4T,V4U M8@T*0V]N=&5N="U,;V-A=&EO;CH@9FEL93HO+R]#.B\V-6$X,65C-%\R8S,V M7S1E-V)?.34V-U\U.#0V9F0U-#-E-6(O5V]R:W-H965T'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQA'0^/"$M+41/0U194$4@:'1M;"!054),24,@(BTO+U&AT;6PQ+T141"]X:'1M;#$M=')A;G-I=&EO;F%L+F1T9"(@+2T^/&1I=CX@ M/&1I=CX\(2TM4W1A6QE/3-$)U=) M1%1(.B`P<'@G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=. M.B!L969T.R!724142#H@,"XU:6XG/B`\6QE/3-$)U1%6%0M04Q)1TXZ(&IU#L@1D].5#H@,3!P="!4:6UE3L@34%21TE..B`P<'0@,'!X.R!&3TY4.B`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`\=&0^)FYB6QE/3-$)T)!0TM'4D]53D0M0T],3U(Z(')G8B@R,#0L,C4U+#(P-"D[(%9% M4E1)0T%,+4%,24=..B!B;W1T;VTG/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ M(&QE9G0G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R M:6=H="<^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE M9G0G/B9N8G-P.SPO=&0^(#QT9#XF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1% M6%0M04Q)1TXZ(')I9VAT)SXF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U=) M1%1(.B`Q)2<^)FYB6QE/3-$)U1%6%0M04Q)1TXZ M(&QE9G0[(%=)1%1(.B`Q)2<^)#PO=&0^(#QT9"!S='EL93TS1"=415A4+4%, M24=..B!R:6=H=#L@5TE$5$@Z(#DE)SXW,"PV,CD\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT.R!724142#H@.24G/C0P+#`Q-3PO M=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!L969T.R!724142#H@,24G M/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=724142#H@,24G/B9N8G-P.SPO M=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!L969T.R!724142#H@,24G M/B0\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE M9G0[(%=)1%1(.B`Q)2<^)FYB6QE/3-$ M)T)!0TM'4D]53D0M0T],3U(Z(')G8B@R,#0L,C4U+#(P-"D[(%9%4E1)0T%, M+4%,24=..B!B;W1T;VTG/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT M)SXF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9"!S='EL M93TS1"=415A4+4%,24=..B!R:6=H="<^)FYB6QE M/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#PO='(^(#QT6QE/3-$)T)!0TM'4D]53D0M0T],3U(Z(')G8B@R,#0L M,C4U+#(P-"D[(%9%4E1)0T%,+4%,24=..B!B;W1T;VTG/B`\=&0@28C,SD[6QE/3-$)T)/ M4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@5$585"U!3$E'3CH@;&5F M="<^("9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"="3U)$15(M0D]45$]-.B!B M;&%C:R`Q<'0@6QE/3-$)T)/4D1%4BU" M3U143TTZ(&)L86-K(#%P="!S;VQI9#L@5$585"U!3$E'3CH@;&5F="<^("9N M8G-P.SPO=&0^(#QT9"!S='EL93TS1"="3U)$15(M0D]45$]-.B!B;&%C:R`Q M<'0@6QE/3-$)T)/4D1%4BU"3U143TTZ M(&)L86-K(#%P="!S;VQI9#L@5$585"U!3$E'3CH@;&5F="<^("9N8G-P.SPO M=&0^(#QT9"!S='EL93TS1"="3U)$15(M0D]45$]-.B!B;&%C:R`Q<'0@6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#(N-7!T(&1O=6)L93L@5$58 M5"U!3$E'3CH@6QE/3-$ M)U1%6%0M04Q)1TXZ(&QE9G0[(%!!1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K M(#(N-7!T(&1O=6)L93L@5$585"U!3$E'3CH@;&5F="<^("9N8G-P.SPO=&0^ M(#QT9"!S='EL93TS1"="3U)$15(M0D]45$]-.B!B;&%C:R`R+C5P="!D;W5B M;&4[(%1%6%0M04Q)1TXZ(')I9VAT)SX@,3DL,34R+#,Y.#PO=&0^(#QT9"!S M='EL93TS1"=415A4+4%,24=..B!L969T.R!0041$24Y'+4)/5%1/33H@,BXU M<'0G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=0041$24Y'+4)/5%1/33H@ M,BXU<'0G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"="3U)$15(M0D]45$]- M.B!B;&%C:R`R+C5P="!D;W5B;&4[(%1%6%0M04Q)1TXZ(&QE9G0G/B`F;F)S M<#L\+W1D/B`\=&0@3L@34%21TE. M.B`P<'0@,'!X.R!&3TY4.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM97,L M(%-E6QE M/3-$)U1%6%0M04Q)1TXZ(&IU#L@1D]. M5#H@,3!P="!4:6UE3L@34%21TE. M.B`P<'0@,'!X.R!&3TY4.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM97,L M(%-E&-E961E9"!T:&4@'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQA'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@ M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0^/"$M+41/0U194$4@:'1M;"!0 M54),24,@(BTO+U&AT;6PQ+T141"]X:'1M;#$M=')A M;G-I=&EO;F%L+F1T9"(@+2T^/&1I=CX@/&1I=CX\(2TM4W1A6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%=)1%1( M.B`P+C5I;B<^(#QS=')O;F<^,3(N/"]S=')O;F<^/"]T9#X@/'1D('-T>6QE M/3-$)U1%6%0M04Q)1TXZ(&IU6QE/3-$)U1%6%0M04Q)1TXZ(&IU#L@1D].5#H@,3!P="!4:6UE3L@34%21TE..B`P<'0@,'!X.R!&3TY4.B`Q,'!T M(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-E6QE/3-$ M)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9"<^4&5R:6]D/"]T9#X@ M/'1D('-T>6QE/3-$)U!!1$1)3D6QE/3-$)U!!1$1)3D6QE M/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@5$585"U!3$E' M3CH@8V5N=&5R)R!C;VQS<&%N/3-$,CY4;W1A;#QB6QE/3-$)U!!1$1)3D&EM M=6T\8G(@+SX@1&]L;&%R(%9A;'5E/&)R("\^(&]F(%-H87)E2!9970@0F4\8G(@+SX@4'5R8VAA6QE/3-$)U!!1$1)3D6QE/3-$)U=)1%1(.B`U,B4G/C@O,R\Q,"TX M+S,Q+S$P/"]T9#X@/'1D('-T>6QE/3-$)U=)1%1(.B`Q)2<^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%=)1%1(.B`Q)2<^ M)FYB6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT.R!7 M24142#H@.24G/C,S.2PP,#`\+W1D/B`\=&0@6QE/3-$)U1%6%0M M04Q)1TXZ(')I9VAT.R!724142#H@.24G/C$T+C`X/"]T9#X@/'1D('-T>6QE M/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%=)1%1(.B`Q)2<^)FYB6QE/3-$)U=)1%1(.B`Q)2<^)FYB6QE M/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%=)1%1(.B`Q)2<^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT.R!724142#H@.24G/C,S M.2PP,#`\+W1D/B`\=&0@6QE/3-$)U1% M6%0M04Q)1TXZ(&QE9G0[(%=)1%1(.B`Q)2<^)FYB6QE/3-$)T)!0TM'4D]53D0M0T],3U(Z('=H:71E.R!615)424-! M3"U!3$E'3CH@8F]T=&]M)SX@/'1D/CDO,2\Q,"TY+S(R+S$P/"]T9#X@/'1D M/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!L969T)SXF M;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q) M1TXZ(&QE9G0G/B0\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G M/B9N8G-P.SPO=&0^(#QT9#XF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1%6%0M M04Q)1TXZ(')I9VAT)SXW,RPP,#`\+W1D/B`\=&0@6QE/3-$)T)/4D1%4BU"3U14 M3TTZ(&)L86-K(#%P="!S;VQI9#L@5$585"U!3$E'3CH@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%!!1$1) M3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P M="!S;VQI9#L@5$585"U!3$E'3CH@6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L M86-K(#%P="!S;VQI9#L@5$585"U!3$E'3CH@;&5F="<^("9N8G-P.SPO=&0^ M(#QT9"!S='EL93TS1"="3U)$15(M0D]45$]-.B!B;&%C:R`Q<'0@6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P M="!S;VQI9#L@5$585"U!3$E'3CH@;&5F="<^("9N8G-P.SPO=&0^(#QT9"!S M='EL93TS1"="3U)$15(M0D]45$]-.B!B;&%C:R`Q<'0@6QE/3-$)U1%6%0M M04Q)1TXZ(&QE9G0[(%!!1$1)3D6QE/3-$)U!!1$1) M3D6QE/3-$)T)/ M4D1%4BU"3U143TTZ(&)L86-K(#(N-7!T(&1O=6)L93L@5$585"U!3$E'3CH@ M;&5F="<^("9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"="3U)$15(M0D]45$]- M.B!B;&%C:R`R+C5P="!D;W5B;&4[(%1%6%0M04Q)1TXZ(')I9VAT)SX@-30U M+#0P,#PO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!L969T.R!0041$ M24Y'+4)/5%1/33H@,BXU<'0G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=0 M041$24Y'+4)/5%1/33H@,BXU<'0G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS M1"="3U)$15(M0D]45$]-.B!B;&%C:R`R+C5P="!D;W5B;&4[(%1%6%0M04Q) M1TXZ(&QE9G0G/B`D/"]T9#X@/'1D('-T>6QE/3-$)T)/4D1%4BU"3U143TTZ M(&)L86-K(#(N-7!T(&1O=6)L93L@5$585"U!3$E'3CH@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%!! M1$1)3D3L@34%21TE..B`P M<'0@,'!X.R!&3TY4.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-E M2!T:&4@0V]M<&%N>2!A;F0@;F\@ M9&5B="!W87,@:6YC=7)R960N/"]P/B`\<"!S='EL93TS1"=415A4+4%,24=. M.B!J=7-T:69Y.R!-05)'24XZ(#!P="`P<'@[($9/3E0Z(#$P<'0@5&EM97,@ M3F5W(%)O;6%N+"!4:6UE6QE M/3-$)U1%6%0M04Q)1TXZ(&IU#L@1D]. M5#H@,3!P="!4:6UE3X-"CPO:'1M;#X-"@T*+2TM M+2TM/5].97AT4&%R=%\V-6$X,65C-%\R8S,V7S1E-V)?.34V-U\U.#0V9F0U M-#-E-6(-"D-O;G1E;G0M3&]C871I;VXZ(&9I;&4Z+R\O0SHO-C5A.#%E8S1? M,F,S-E\T93=B7SDU-C=?-3@T-F9D-30S935B+U=O'0O:'1M;#L@8VAA7!E(&-O;G1E;G0],T0G=&5X="]H=&UL.R!C:&%R M'0^ M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L M87-S/3-$&AT;6PQ+71R86YS:71I;VYA;"YD=&0B("TM/CQD M:78^(#QD:78^/"$M+5-T87)T1G)A9VUE;G0M+3X@/'`@3L@34%21TE..B`P<'0@,'!X.R!&3TY4.B`Q,'!T M(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-E6QE/3-$)U=)1%1(.B`P<'@G/B9N8G-P.SPO=&0^(#QT9"!S M='EL93TS1"=415A4+4%,24=..B!L969T.R!724142#H@,"XU:6XG/B`\6QE/3-$)U1%6%0M04Q)1TXZ M(&IU#L@1D].5#H@,3!P="!4:6UE2`R,#`Q('1H92!S:&%R96AO;&1E2!R97-E3L@34%21TE..B`P M<'0@,'!X.R!&3TY4.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-E M2!A9&]P=&5D(&%N9"!T:&4@2!N;W0@3L@34%21TE..B`P<'0@,'!X.R!&3TY4.B`Q,'!T(%1I;65S($YE=R!2;VUA M;BP@5&EM97,L(%-E3L@34%21TE..B`P M<'0@,'!X.R!&3TY4.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-E M2!U6QE/3-$)U1%6%0M04Q) M1TXZ(&IU#L@1D].5#H@,3!P="!4:6UE M6QE/3-$)U=)1%1(.B`Y,"4[($)/4D1%4BU#3TQ,05!313H@8V]L;&%P M6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K M(#%P="!S;VQI9#L@5$585"U!3$E'3CH@6QE/3-$)T)!0TM'4D]53D0M0T],3U(Z M(')G8B@R,#0L,C4U+#(P-"D[(%9%4E1)0T%,+4%,24=..B!B;W1T;VTG/B`\ M=&0@6EE;&0\+W1D/B`\=&0@'!E8W1E9"!V;VQA=&EL:71Y/"]T9#X@/'1D/B9N8G-P.SPO=&0^ M(#QT9"!S='EL93TS1"=415A4+4%,24=..B!L969T)SXF;F)S<#L\+W1D/B`\ M=&0@6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXT,"XP/"]T9#X@ M/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B4\+W1D/B`\+W1R/B`\ M='(@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G M/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H="<^ M-"XP/"]T9#X@/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B4\+W1D M/B`\=&0^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE M9G0G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H M="<^-"XP/"]T9#X@/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B4\ M+W1D/B`\+W1R/B`\='(@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO M=&0^(#QT9"!S='EL93TS1"=&3TY4.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@ M5&EM97,L(%-E6QE/3-$)U1%6%0M04Q)1TXZ(&QE M9G0G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=&3TY4.B`Q,'!T(%1I;65S M($YE=R!2;VUA;BP@5&EM97,L(%-E6QE/3-$)U1%6%0M04Q)1TXZ(&IU#L@1D].5#H@,3!P="!4:6UE3L@34%21TE..B`P M<'0@,'!X.R!&3TY4.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-E M2!O9B!T:&4@4&QA;G,Z/"]P/B`\<"!S='EL93TS1"=-05)' M24XZ(#!P="`P<'@[($9/3E0Z(#$P<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE M6QE/3-$)U9%4E1)0T%,+4%,24=. M.B!B;W1T;VTG/B`\=&0^)FYB6QE/3-$)U!!1$1) M3D6QE/3-$)U!!1$1) M3D6QE/3-$)U!!1$1)3D6QE/3-$)U!!1$1) M3D6QE/3-$)U!!1$1)3D6QE/3-$)U=)1%1(.B`T."4G/D]U='-T86YD:6YG(&%T($1E8V5M8F5R M(#,Q+"`R,#`Y/"]T9#X@/'1D('-T>6QE/3-$)U=)1%1(.B`Q)2<^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%=)1%1(.B`Q M)2<^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT M.R!724142#H@,3`E)SXQ+#0Y."PQ-3`\+W1D/B`\=&0@6QE/3-$ M)U1%6%0M04Q)1TXZ(')I9VAT.R!724142#H@,3`E)SXY+C`P/"]T9#X@/'1D M('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%=)1%1(.B`Q)2<^)FYB6QE/3-$)U=)1%1(.B`Q)2<^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%=)1%1(.B`Q)2<^)#PO=&0^ M(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H=#L@5TE$5$@Z(#$P)2<^ M-"XQ,SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!L969T.R!72414 M2#H@,24G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=724142#H@,24G/B9N M8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!L969T.R!72414 M2#H@,24G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R M:6=H=#L@5TE$5$@Z(#$P)2<^-RXQ/"]T9#X@/'1D('-T>6QE/3-$)U1%6%0M M04Q)1TXZ(&QE9G0[(%=)1%1(.B`Q)2<^)FYB6QE/3-$)T)!0TM'4D]53D0M0T],3U(Z('=H:71E.R!615)424-!3"U! M3$E'3CH@8F]T=&]M)SX@/'1D('-T>6QE/3-$)U!!1$1)3D6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9"!S M='EL93TS1"=415A4+4%,24=..B!R:6=H="<^.2XW,#PO=&0^(#QT9"!S='EL M93TS1"=415A4+4%,24=..B!L969T)SXF;F)S<#L\+W1D/B`\=&0^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO M=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H="<^-"XX,#PO=&0^ M(#QT9"!S='EL93TS1"=415A4+4%,24=..B!L969T)SXF;F)S<#L\+W1D/B`\ M=&0^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G M/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H="<^ M.2XP/"]T9#X@/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P M.SPO=&0^(#PO='(^(#QT6QE/3-$)U!!1$1)3D&5R8VES960\+W1D/B`\ M=&0^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G M/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H="<^ M*#,V-BPP,#`\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ M(')I9VAT)SXX+C$Q/"]T9#X@/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&QE M9G0G/B9N8G-P.SPO=&0^(#QT9#XF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1% M6%0M04Q)1TXZ(')I9VAT)SXS+C$U/"]T9#X@/'1D('-T>6QE/3-$)U1%6%0M M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9#XF;F)S<#L\+W1D/B`\=&0@ M6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXT+C4\+W1D/B`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`\=&0^ M)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N M8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H="<^-"XT M-CPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!L969T)SXF;F)S<#L\ M+W1D/B`\=&0^)FYB6QE/3-$)U1%6%0M04Q)1TXZ M(&QE9G0G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R M:6=H="<^-BXW/"]T9#X@/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G M/B9N8G-P.SPO=&0^(#PO='(^(#QT6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXM/"]T9#X@ M/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT M9#XF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXM M/"]T9#X@/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO M=&0^(#QT9#XF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(')I M9VAT)SXM/"]T9#X@/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N M8G-P.SPO=&0^(#QT9#XF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q) M1TXZ(')I9VAT)SXM/"]T9#X@/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&QE M9G0G/B9N8G-P.SPO=&0^(#PO='(^(#QT6QE/3-$)U!!1$1)3D&5R8VES M960\+W1D/B`\=&0^)FYB6QE/3-$)U1%6%0M04Q) M1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=. M.B!R:6=H="<^*#@T,RPT-3`\+W1D/B`\=&0@6QE/3-$)U1% M6%0M04Q)1TXZ(')I9VAT)SXY+C4X/"]T9#X@/'1D('-T>6QE/3-$)U1%6%0M M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9#XF;F)S<#L\+W1D/B`\=&0@ M6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXT+C0X/"]T9#X@/'1D('-T>6QE M/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9#XF;F)S<#L\ M+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXU+C`\+W1D/B`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`\+W1D/B`\=&0@6QE/3-$)U1% M6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9#XF;F)S<#L\+W1D/B`\ M=&0@6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXU+C8\+W1D/B`\=&0@6QE/3-$)T)!0TM'4D]53D0M0T],3U(Z(')G8B@R,#0L,C4U+#(P-"D[ M(%9%4E1)0T%,+4%,24=..B!B;W1T;VTG/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXH,C$W+#@R,#PO=&0^(#QT M9"!S='EL93TS1"=415A4+4%,24=..B!L969T)SXI/"]T9#X@/'1D/B9N8G-P M.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!L969T)SXF;F)S<#L\ M+W1D/B`\=&0@6QE/3-$)U!!1$1)3D6QE M/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@5$585"U!3$E' M3CH@6QE/3-$)U1%6%0M04Q)1TXZ M(&QE9G0[(%!!1$1)3D6QE/3-$)T)/4D1% M4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@5$585"U!3$E'3CH@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%!! M1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ M(&)L86-K(#%P="!S;VQI9#L@5$585"U!3$E'3CH@6QE/3-$)T)!0TM' M4D]53D0M0T],3U(Z(')G8B@R,#0L,C4U+#(P-"D[(%9%4E1)0T%,+4%,24=. M.B!B;W1T;VTG/B`\=&0@6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@5$585"U! M3$E'3CH@;&5F="<^("9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"="3U)$15(M M0D]45$]-.B!B;&%C:R`Q<'0@6QE/3-$ M)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@5$585"U!3$E'3CH@ M;&5F="<^("9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"="3U)$15(M0D]45$]- M.B!B;&%C:R`Q<'0@6QE/3-$)T)/4D1%4BU" M3U143TTZ(&)L86-K(#%P="!S;VQI9#L@5$585"U!3$E'3CH@;&5F="<^("9N M8G-P.SPO=&0^(#QT9"!S='EL93TS1"="3U)$15(M0D]45$]-.B!B;&%C:R`Q M<'0@6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L M86-K(#%P="!S;VQI9#L@5$585"U!3$E'3CH@;&5F="<^("9N8G-P.SPO=&0^ M(#QT9"!S='EL93TS1"="3U)$15(M0D]45$]-.B!B;&%C:R`Q<'0@6QE/3-$)U1% M6%0M04Q)1TXZ(&QE9G0[(%!!1$1)3D&5R8VES86)L M92!/<'1I;VYS($]U='-T86YD:6YG(&%T($1E8V5M8F5R(#,Q+"`R,#$R/"]T M9#X@/'1D('-T>6QE/3-$)U!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@5$58 M5"U!3$E'3CH@;&5F="<^("9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"="3U)$ M15(M0D]45$]-.B!B;&%C:R`Q<'0@6QE/3-$ M)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@5$585"U!3$E'3CH@ M;&5F="<^("9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"="3U)$15(M0D]45$]- M.B!B;&%C:R`Q<'0@6QE/3-$)T)/4D1%4BU" M3U143TTZ(&)L86-K(#%P="!S;VQI9#L@5$585"U!3$E'3CH@;&5F="<^("9N M8G-P.SPO=&0^(#QT9"!S='EL93TS1"="3U)$15(M0D]45$]-.B!B;&%C:R`Q M<'0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%!!1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#(N M-7!T(&1O=6)L93L@5$585"U!3$E'3CH@;&5F="<^("9N8G-P.SPO=&0^(#QT M9"!S='EL93TS1"="3U)$15(M0D]45$]-.B!B;&%C:R`R+C5P="!D;W5B;&4[ M(%1%6%0M04Q)1TXZ(')I9VAT)SX@-C6QE/3-$ M)U1%6%0M04Q)1TXZ(&QE9G0[(%!!1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K M(#(N-7!T(&1O=6)L93L@5$585"U!3$E'3CH@;&5F="<^("0\+W1D/B`\=&0@ M6QE/3-$)U1%6%0M04Q)1TXZ(&IU#L@1D].5#H@,3!P="!4:6UE3L@34%21TE..B`P<'0@,'!X.R!&3TY4.B`Q,'!T M(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-E6QE/3-$)U1%6%0M04Q)1TXZ(&IU M#L@1D].5#H@,3!P="!4:6UE3L@34%21TE..B`P<'0@,'!X.R!&3TY4.B`Q M,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-EF5D(&-O;7!E;G-A=&EO;B!C;W-T(')E;&%T960@=&\@6QE/3-$)U1%6%0M04Q)1TXZ(&IU#L@1D].5#H@,3!P="!4:6UE3L@ M34%21TE..B`P<'0@,'!X.R!&3TY4.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@ M5&EM97,L(%-E6QE/3-$)U1%6%0M04Q)1TXZ(&IU#L@1D].5#H@,3!P="!4:6UE3L@34%21TE..B`P<'0@,'!X.R!&3TY4.B`Q,'!T M(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-E6QE/3-$)U1%6%0M04Q)1TXZ(&IU#L@1D].5#H@,3!P="!4:6UE3L@34%21TE..B`P<'0@,'!X.R!&3TY4.B`Q,'!T M(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-E6QE/3-$)U1%6%0M M04Q)1TXZ(&IU#L@1D].5#H@,3!P="!4 M:6UE65E(&1I6QE/3-$)U1%6%0M04Q)1TXZ(&IU#L@1D].5#H@,3!P="!4:6UE3L@34%21TE..B`P<'0@,'!X.R!&3TY4.B`Q,'!T(%1I M;65S($YE=R!2;VUA;BP@5&EM97,L(%-EF5D(')A M=&%B;'D@;W9E'!E;G-E(')E;&%T960@=&\@=&AE6QE/3-$)TU!4D=)3CH@ M,'!T(#!P>#L@1D].5#H@,3!P="!4:6UE6QE/3-$ M)U1%6%0M04Q)1TXZ(&IU#L@1D].5#H@ M,3!P="!4:6UE2!T:&4@0V]M<&5N3L@ M34%21TE..B`P<'0@,'!X.R!&3TY4.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@ M5&EM97,L(%-E6QE/3-$)U1%6%0M04Q)1TXZ(&IU#L@1D].5#H@,3!P="!4:6UE3L@ M34%21TE..B`P<'0@,'!X.R!&3TY4.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@ M5&EM97,L(%-E65A6QE/3-$)U1%6%0M04Q)1TXZ(&IU#L@ M1D].5#H@,3!P="!4:6UE'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQA'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@ M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0^/"$M+41/ M0U194$4@:'1M;"!054),24,@(BTO+U&AT;6PQ+T14 M1"]X:'1M;#$M=')A;G-I=&EO;F%L+F1T9"(@+2T^/&1I=CX@/&1I=CX\(2TM M4W1A6QE/3-$)U1%6%0M04Q)1TXZ M(&QE9G0[(%=)1%1(.B`P+C5I;B<^(#QS=')O;F<^,30N/"]S=')O;F<^/"]T M9#X@/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&IU3L@34%21TE..B`P<'0@,'!X.R!&3TY4.B`Q,'!T(%1I M;65S($YE=R!2;VUA;BP@5&EM97,L(%-E2UL:6-E;G-E9"P@:6YD97!E;F1E;G0@=VAO;&5S86QE(&1I6QE/3-$)U1%6%0M04Q)1TXZ(&IU#L@1D].5#H@,3!P="!4:6UE6QE/3-$)U1%6%0M04Q)1TXZ(&IU#L@1D].5#H@,3!P="!4:6UE2!O9B!S:6=N:69I M8V%N="!A8V-O=6YT:6YG('!O;&EC:65S("AS964@3F]T92`Q*2X@26YT97)S M96=M96YT('-A;&5S(&%R92!R96-O28C,SD[ M6QE/3-$)U1%6%0M04Q)1TXZ(&IU#L@1D].5#H@,3!P="!4:6UE6QE/3-$)U=)1%1(.B`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`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO M=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H="<^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^ M(#PO='(^(#QT6QE/3-$ M)U1%6%0M04Q)1TXZ(')I9VAT.R!724142#H@,3`E)SXT.#0L.3,S/"]T9#X@ M/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%=)1%1(.B`Q)2<^)FYB M6QE/3-$)U=)1%1(.B`Q)2<^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%=)1%1(.B`Q)2<^)#PO M=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H=#L@5TE$5$@Z(#$P M)2<^,S(T+#(P,#PO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!L969T M.R!724142#H@,24G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=724142#H@ M,24G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!L969T M.R!724142#H@,24G/B0\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^ M(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H="<^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT M9#XF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXF M;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ M(')I9VAT)SXV+#@Y,3PO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!L M969T)SXF;F)S<#L\+W1D/B`\=&0^)FYB6QE/3-$ M)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=4 M15A4+4%,24=..B!R:6=H="<^-"PV,38\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#PO='(^(#QT M6QE/3-$)U!!1$1) M3D6QE/3-$)U!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S M;VQI9#L@5$585"U!3$E'3CH@;&5F="<^("9N8G-P.SPO=&0^(#QT9"!S='EL M93TS1"="3U)$15(M0D]45$]-.B!B;&%C:R`Q<'0@6QE/3-$)U1%6%0M04Q) M1TXZ(&QE9G0[(%!!1$1)3D6QE/3-$)T)/ M4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@5$585"U!3$E'3CH@6QE/3-$)T)!0TM'4D]53D0M0T],3U(Z('=H:71E.R!615)424-!3"U! M3$E'3CH@8F]T=&]M)SX@/'1D/B9N8G-P.SPO=&0^(#QT9#XF;F)S<#L\+W1D M/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXS,RPS-3,\+W1D/B`\ M=&0@6QE/3-$)U1%6%0M04Q) M1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=. M.B!R:6=H="<^,3@L,C`S/"]T9#X@/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ M(&QE9G0G/B9N8G-P.SPO=&0^(#PO='(^(#QT6QE/3-$)U!!1$1)3D6QE M/3-$)U!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K M(#%P="!S;VQI9#L@5$585"U!3$E'3CH@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L M86-K(#%P="!S;VQI9#L@5$585"U!3$E'3CH@;&5F="<^("9N8G-P.SPO=&0^ M(#QT9"!S='EL93TS1"="3U)$15(M0D]45$]-.B!B;&%C:R`Q<'0@6QE/3-$)T)!0TM'4D]53D0M0T],3U(Z('=H:71E M.R!615)424-!3"U!3$E'3CH@8F]T=&]M)SX@/'1D('-T>6QE/3-$)U!!1$1) M3D6QE/3-$)U!! M1$1)3D6QE/3-$ M)T)/4D1%4BU"3U143TTZ(&)L86-K(#(N-7!T(&1O=6)L93L@5$585"U!3$E' M3CH@;&5F="<^("0\+W1D/B`\=&0@6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L M86-K(#(N-7!T(&1O=6)L93L@5$585"U!3$E'3CH@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%!!1$1)3D6QE/3-$ M)T)!0TM'4D]53D0M0T],3U(Z(')G8B@R,#0L,C4U+#(P-"D[(%9%4E1)0T%, M+4%,24=..B!B;W1T;VTG/B`\=&0@&5S/"]T9#X@/'1D M/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!L969T)SXF M;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q) M1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=. M.B!R:6=H="<^)FYB6QE/3-$)U1%6%0M04Q)1TXZ M(&QE9G0G/B9N8G-P.SPO=&0^(#QT9#XF;F)S<#L\+W1D/B`\=&0@6QE/3-$ M)U1%6%0M04Q)1TXZ(')I9VAT)SXF;F)S<#L\+W1D/B`\=&0@6QE M/3-$)T)!0TM'4D]53D0M0T],3U(Z('=H:71E.R!615)424-!3"U!3$E'3CH@ M8F]T=&]M)SX@/'1D('-T>6QE/3-$)U!!1$1)3D6QE/3-$ M)U1%6%0M04Q)1TXZ(&QE9G0G/B0\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B0\+W1D/B`\=&0@6QE M/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS M1"=415A4+4%,24=..B!R:6=H="<^*#$L.#4X/"]T9#X@/'1D('-T>6QE/3-$ M)U1%6%0M04Q)1TXZ(&QE9G0G/BD\+W1D/B`\=&0^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9"!S M='EL93TS1"=415A4+4%,24=..B!R:6=H="<^*#(L,C4T/"]T9#X@/'1D('-T M>6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/BD\+W1D/B`\=&0^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^ M(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H="<^*#$L-C,W/"]T9#X@ M/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/BD\+W1D/B`\+W1R/B`\ M='(@6QE/3-$)T)/4D1% M4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@5$585"U!3$E'3CH@6QE/3-$)U!! M1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI M9#L@5$585"U!3$E'3CH@6QE/3-$)U!!1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#(N-7!T(&1O=6)L M93L@5$585"U!3$E'3CH@;&5F="<^("0\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE M9G0[(%!!1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#(N-7!T(&1O=6)L93L@ M5$585"U!3$E'3CH@;&5F="<^("0\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P M.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H="<^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO M=&0^(#QT9#XF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(')I M9VAT)SXF;F)S<#L\+W1D/B`\=&0@6QE/3-$)T)!0TM'4D]53D0M M0T],3U(Z(')G8B@R,#0L,C4U+#(P-"D[(%9%4E1)0T%,+4%,24=..B!B;W1T M;VTG/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT M)SXQ,C`L.#6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G M/B9N8G-P.SPO=&0^(#QT9#XF;F)S<#L\+W1D/B`\=&0@6QE M/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B0\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE M9G0G/B9N8G-P.SPO=&0^(#QT9#XF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1% M6%0M04Q)1TXZ(')I9VAT)SXU+#(Y,#PO=&0^(#QT9"!S='EL93TS1"=415A4 M+4%,24=..B!L969T)SXF;F)S<#L\+W1D/B`\=&0^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9"!S M='EL93TS1"=415A4+4%,24=..B!R:6=H="<^-"PV.#,\+W1D/B`\=&0@6QE/3-$)T)!0TM'4D]53D0M0T],3U(Z(')G8B@R,#0L,C4U+#(P-"D[ M(%9%4E1)0T%,+4%,24=..B!B;W1T;VTG/B`\=&0@6QE M/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@5$585"U!3$E' M3CH@6QE/3-$)U!!1$1)3D6QE M/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@5$585"U!3$E' M3CH@;&5F="<^("9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"="3U)$15(M0D]4 M5$]-.B!B;&%C:R`Q<'0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%!!1$1) M3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#(N-7!T(&1O=6)L93L@ M5$585"U!3$E'3CH@6QE/3-$ M)U1%6%0M04Q)1TXZ(&QE9G0[(%!!1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K M(#(N-7!T(&1O=6)L93L@5$585"U!3$E'3CH@;&5F="<^("0\+W1D/B`\=&0@ M6QE/3-$ M)U1%6%0M04Q)1TXZ(')I9VAT)SXF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N M8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H="<^)FYB M6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P M.SPO=&0^(#PO='(^(#QT6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B0\+W1D/B`\=&0@ M6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B0\+W1D M/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G M/B0\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO M=&0^(#PO='(^(#QT6QE/3-$)U!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI M9#L@5$585"U!3$E'3CH@6QE/3-$)U!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@5$58 M5"U!3$E'3CH@;&5F="<^("9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"="3U)$ M15(M0D]45$]-.B!B;&%C:R`Q<'0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%!! M1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#(N-7!T(&1O=6)L M93L@5$585"U!3$E'3CH@6QE/3-$ M)U1%6%0M04Q)1TXZ(&QE9G0[(%!!1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K M(#(N-7!T(&1O=6)L93L@5$585"U!3$E'3CH@;&5F="<^("0\+W1D/B`\=&0@ M6QE/3-$)U1% M6%0M04Q)1TXZ(&QE9G0[(%!!1$1)3D6QE/3-$)T)!0TM'4D]53D0M0T],3U(Z(')G M8B@R,#0L,C4U+#(P-"D[(%9%4E1)0T%,+4%,24=..B!B;W1T;VTG/B`\=&0@ M'!E;F1I='5R M97,\+W1D/B`\=&0^)FYB6QE/3-$)U1%6%0M04Q) M1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=. M.B!R:6=H="<^)FYB6QE/3-$)U1%6%0M04Q)1TXZ M(&QE9G0G/B9N8G-P.SPO=&0^(#QT9#XF;F)S<#L\+W1D/B`\=&0@6QE/3-$ M)U1%6%0M04Q)1TXZ(')I9VAT)SXF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1% M6%0M04Q)1TXZ(')I9VAT)SXR-BPW-S,\+W1D/B`\=&0@6QE M/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXR,"PW,3D\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXQ."PY,#0\+W1D/B`\=&0@ M6QE/3-$)T)!0TM'4D]53D0M0T],3U(Z(')G8B@R,#0L,C4U+#(P M-"D[(%9%4E1)0T%,+4%,24=..B!B;W1T;VTG/B`\=&0@6QE/3-$)U!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@5$58 M5"U!3$E'3CH@;&5F="<^("9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"="3U)$ M15(M0D]45$]-.B!B;&%C:R`Q<'0@6QE/3-$ M)U!!1$1)3D6QE/3-$)U1%6%0M M04Q)1TXZ(&QE9G0[(%!!1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#(N-7!T M(&1O=6)L93L@5$585"U!3$E'3CH@;&5F="<^("0\+W1D/B`\=&0@6QE/3-$ M)T)/4D1%4BU"3U143TTZ(&)L86-K(#(N-7!T(&1O=6)L93L@5$585"U!3$E' M3CH@6QE/3-$)U1%6%0M M04Q)1TXZ(&IU#L@1D].5#H@,3!P="!4 M:6UE28C,SD[3L@ M34%21TE..B`P<'0@,'!X.R!&3TY4.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@ M5&EM97,L(%-E28C,SD[2!R97!R97-E;G1E9"!W97)E(&%S(&9O;&QO M=W,Z($IE28C,SD[ M6QE/3-$)U1%6%0M04Q) M1TXZ(&IU#L@1D].5#H@,3!P="!4:6UE M6QE/3-$)U1%6%0M04Q)1TXZ(&IU#L@1D].5#H@,3!P="!4:6UE3L@34%21TE..B`P<'0@,'!X.R!&3TY4.B`Q,'!T(%1I;65S M($YE=R!2;VUA;BP@5&EM97,L(%-E6QE/3-$)U1%6%0M04Q)1TXZ(&IU#L@1D].5#H@,3!P="!4:6UE3X-"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R=%\V M-6$X,65C-%\R8S,V7S1E-V)?.34V-U\U.#0V9F0U-#-E-6(-"D-O;G1E;G0M M3&]C871I;VXZ(&9I;&4Z+R\O0SHO-C5A.#%E8S1?,F,S-E\T93=B7SDU-C=? M-3@T-F9D-30S935B+U=O'0O:'1M;#L@8VAA2!297-U;'1S M(&]F($]P97)A=&EO;G,@*%5N875D:71E9"D\8G(^/"]S=')O;F<^/"]T:#X- M"B`@("`@("`@/'1H(&-L87-S/3-$=&@@8V]L2!297-U;'1S(&]F($]P97)A=&EO;G,@*%5N875D:71E9"D\+W1D/@T*("`@ M("`@("`\=&0@8VQA6QE/3-$)TU!4D=)3BU43U`Z(#!P>#L@1D].5#H@,3!P="!4 M:6UE3L@5D525$E#04PM04Q)1TXZ('1O M<"<^(#QT9"!S='EL93TS1"=724142#H@,'!X)SXF;F)S<#L\+W1D/B`\=&0@ M2<^/'-T3L@34%21TE..B`P M<'0@,'!X.R!&3TY4.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-E M2!R97-U;'1S(&]F(&]P M97)A=&EO;G,@9F]R('1H92!T=V\@>65A6QE/3-$)U!!1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)U!! M1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ M(&)L86-K(#%P="!S;VQI9#L@5$585"U!3$E'3CH@6QE M/3-$)U!!1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B0\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT M)SXQ,3DL-38Y/"]T9#X@/'1D/B9N8G-P.SPO=&0^(#QT9#XF;F)S<#L\+W1D M/B`\=&0@6QE/3-$)U1%6%0M M04Q)1TXZ(&QE9G0G/B0\+W1D/B`\=&0@6QE/3-$)T)!0TM'4D]53D0M0T],3U(Z('=H:71E.R!615)424-!3"U! M3$E'3CH@8F]T=&]M)SX@/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[ M(%1%6%0M24Y$14Y4.B`P+C5P=#L@5TE$5$@Z(#0X)2<^1W)O6QE/3-$)U=)1%1(.B`Q)2<^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%=)1%1(.B`Q)2<^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT.R!724142#H@ M,3`E)SXT,2PW.3,\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%=) M1%1(.B`Q)2<^)FYB6QE/3-$)U=)1%1(.B`Q)2<^ M)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%=) M1%1(.B`Q)2<^)FYB6QE/3-$)U1%6%0M04Q)1TXZ M(')I9VAT.R!724142#H@,3`E)SXT.2PT-C$\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q) M1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=. M.B!R:6=H="<^,34L-#@P/"]T9#X@/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ M(&QE9G0G/B9N8G-P.SPO=&0^(#QT9#XF;F)S<#L\+W1D/B`\=&0@6QE/3-$ M)U1%6%0M04Q)1TXZ(')I9VAT)SXQ."PP,30\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N M8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H="<^,3DL M-S@V/"]T9#X@/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P M.SPO=&0^(#PO='(^(#QT6QE/3-$)U1%6%0M04Q)1TXZ(')I M9VAT)SXP+C@Q/"]T9#X@/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G M/B9N8G-P.SPO=&0^(#QT9#XF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1%6%0M M04Q)1TXZ(')I9VAT)SXP+CDT/"]T9#X@/'1D('-T>6QE/3-$)U1%6%0M04Q) M1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9#XF;F)S<#L\+W1D/B`\=&0@6QE M/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXP+CDQ/"]T9#X@/'1D('-T>6QE/3-$ M)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9#XF;F)S<#L\+W1D M/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXQ+C`S/"]T9#X@/'1D M('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#PO='(^ M(#QT6QE/3-$)U1% M6%0M24Y$14Y4.B`P+C5P="<^1&EL=71E9"!E87)N:6YG6QE/3-$)U1%6%0M04Q)1TXZ M(&QE9G0G/B0\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(')I M9VAT)SXP+CDQ/"]T9#X@/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G M/B9N8G-P.SPO=&0^(#QT9#XF;F)S<#L\+W1D/B`\=&0@6QE/3-$ M)U1%6%0M04Q)1TXZ(&QE9G0G/B0\+W1D/B`\=&0@6QE/3-$)U9%4E1)0T%,+4%,24=..B!B;W1T;VTG/B`\=&0@6QE/3-$)U9%4E1)0T%,+4%,24=..B!B;W1T;VTG/B`\ M=&0@6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@ M5$585"U!3$E'3CH@6QE/3-$)U!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI M9#L@5$585"U!3$E'3CH@6QE/3-$)U!!1$1)3D6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[($9/3E0M4U193$4Z(&YO6QE/3-$)U1%6%0M04Q)1TXZ(&QE M9G0G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H M="<^,C,L.3DU/"]T9#X@/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G M/B9N8G-P.SPO=&0^(#QT9#XF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1%6%0M M04Q)1TXZ(')I9VAT)SXR."PT-C4\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO M=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H="<^,S`L,36QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^ M(#PO='(^(#QT6QE M/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/DYE="!I;F-O;64\+W1D/B`\=&0^)FYB M6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P M.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H="<^-RPY-#<\ M+W1D/B`\=&0@6QE/3-$)U1% M6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4 M+4%,24=..B!R:6=H="<^,3`L-S,W/"]T9#X@/'1D('-T>6QE/3-$)U1%6%0M M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9#XF;F)S<#L\+W1D/B`\=&0@ M6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXQ,"PU,3@\+W1D/B`\=&0@6QE/3-$)T)!0TM'4D]53D0M0T],3U(Z('=H:71E.R!615)424-!3"U! M3$E'3CH@8F]T=&]M)SX@/'1D/D)A6QE/3-$)U1%6%0M04Q)1TXZ(')I M9VAT)SXP+C0R/"]T9#X@/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G M/B9N8G-P.SPO=&0^(#QT9#XF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1%6%0M M04Q)1TXZ(')I9VAT)SXP+C4W/"]T9#X@/'1D('-T>6QE/3-$)U1%6%0M04Q) M1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9#XF;F)S<#L\+W1D/B`\=&0@6QE M/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXP+C4W/"]T9#X@/'1D('-T>6QE/3-$ M)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9#XF;F)S<#L\+W1D M/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXP+C4U/"]T9#X@/'1D M('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#PO='(^ M(#QT6QE/3-$)U1% M6%0M04Q)1TXZ(')I9VAT)SXP+C0R/"]T9#X@/'1D('-T>6QE/3-$)U1%6%0M M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9#XF;F)S<#L\+W1D/B`\=&0@ M6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B0\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXP+C4T/"]T9#X@/'1D('-T M>6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#PO='(^(#PO M=&%B;&4^(#QP('-T>6QE/3-$)TU!4D=)3CH@,'!T(#!P>#L@1D].5#H@,3!P M="!4:6UE7!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@8VAA'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@ M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$"<@8V5L;'-P86-I;F<],T0P(&-E;&QP861D:6YG/3-$ M,#X@/'1R('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&IU"<^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%=)1%1(.B`P M+C5I;B<^(#QS=')O;F<^,38N/"]S=')O;F<^/"]T9#X@/'1D('-T>6QE/3-$ M)U1%6%0M04Q)1TXZ(&IU6QE M/3-$)U1%6%0M04Q)1TXZ(&IU#L@1D]. M5#H@,3!P="!4:6UE3L@34%21TE. M.B`P<'0@,'!X.R!&3TY4.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM97,L M(%-E2!I6QE/3-$)U1%6%0M04Q)1TXZ M(&IU#L@1D].5#H@,3!P="!4:6UE3L@34%21TE..B`P<'0@,'!X.R!&3TY4.B`Q,'!T(%1I;65S($YE=R!2 M;VUA;BP@5&EM97,L(%-E2!D969E8W1I=F4@<')O9'5C="!D97-I9VX@ M86YD+V]R(&UA;G5F86-T=7)E(&%N9"]O2!T:&5O2!T:&ER9"!P87)T:65S M(&]R('1H92!C;&%I;6%N="P@86YD('1H870@=&AE6QE/3-$)U1%6%0M04Q)1TXZ(&IU#L@1D].5#H@,3!P="!4:6UE3L@34%21TE..B`P<'0@,'!X.R!& M3TY4.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-E2!C:71I97,@;W(@;W1H97(@ M9V]V97)N;65N=&%L(&5N=&ET:65S(&%N9"!I;F1I=FED=6%L2!A M6QE/3-$)U1%6%0M04Q)1TXZ(&IU#L@1D].5#H@,3!P="!4:6UE3L@34%21TE..B`P<'0@,'!X.R!&3TY4.B`Q,'!T M(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-E7!E('=A2!T:&4@ M0VET>2!O9B!'87)Y(&EN($EN9&EA;F$@4W1A=&4@0V]U65A6QE/3-$)U1%6%0M04Q)1TXZ(&IU M#L@1D].5#H@,3!P="!4:6UE6QE/3-$)U1%6%0M04Q)1TXZ(&IU#L@1D].5#H@,3!P="!4:6UE3L@34%21TE..B`P<'0@,'!X.R!&3TY4.B`Q,'!T(%1I M;65S($YE=R!2;VUA;BP@5&EM97,L(%-E3L@34%21TE..B`P<'0@,'!X.R!&3TY4.B`Q,'!T(%1I;65S($YE=R!2 M;VUA;BP@5&EM97,L(%-E2!W87,@;F]T(&EN=F]L=F5D M(&EN(&%N>2!S=6-H(&QA=W-U:71S+CPO<#X@/'`@3L@34%21TE..B`P<'0@,'!X.R!&3TY4.B`Q,'!T(%1I M;65S($YE=R!2;VUA;BP@5&EM97,L(%-E6QE/3-$)U1%6%0M04Q)1TXZ(&IU#L@1D].5#H@,3!P="!4:6UE2!E>&-E960@<')O9'5C="!L:6%B:6QI='D@86-C2`Q,"P@,C`P,"P@8V]V97)A9V4@:7,@<')O M=FED960@;VX@86X@86YN=6%L(&)A&-E<'0@9F]R(&-E M&-L=61E9"!F3L@34%21TE..B`P<'0@,'!X M.R!&3TY4.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-E2!M86YA9V5M96YT(&UO;FET;W)S M('1H92!S=&%T=7,@;V8@:VYO=VX@8VQA:6US(&%N9"!T:&4@<')O9'5C="!L M:6%B:6QI='D@86-C6QE/3-$)U1%6%0M04Q) M1TXZ(&IU#L@1D].5#H@,3!P="!4:6UE M6UE;G1S(&%R92!M861E('=H96X@87!P2!G2!R96QI86)I;&ET>2!C;VYC97)N:6YG('=H96X@<&%Y;65N=',@=VEL;"!B M92!M861E(&EN(&%N>2!G:79E;B!C87-E+CPO<#X@/'`@3L@34%21TE..B`P<'0@,'!X.R!&3TY4.B`Q,'!T M(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-E'!E2!N;W0@<')O8F%B;&4@;W(@97-T:6UA M8FQE+"!O;FQY(&EN(')A2!C M;&%I;7,@87)E(')E9FQE8W1E9"!I;B!O=7(@<')O9'5C="!L:6%B:6QI='D@ M86-C6QE/3-$)U1%6%0M04Q)1TXZ(&IU#L@1D].5#H@,3!P="!4:6UE3L@ M34%21TE..B`P<'0@,'!X.R!&3TY4.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@ M5&EM97,L(%-E2!T:&%T('1H92!#;VUP86YY(&UI9VAT(&)E(')E<75I6QE/3-$)U1%6%0M04Q)1TXZ(&IU M#L@1D].5#H@,3!P="!4:6UE3L@34%21TE..B`P<'0@,'!X.R!&3TY4.B`Q M,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-E65A6QE M/3-$)U1%6%0M04Q)1TXZ(&IU#L@1D]. M5#H@,3!P="!4:6UE3L@34%21TE. M.B`P<'0@,'!X.R!&3TY4.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM97,L M(%-E'!E;G-E2!M871T97)S+CPO<#X@/'`@3L@34%21TE..B`P<'0@,'!X.R!&3TY4 M.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-E3L@34%21TE..B`P<'0@,'!X.R!&3TY4.B`Q,'!T(%1I;65S($YE=R!2 M;VUA;BP@5&EM97,L(%-E6QE/3-$)U1% M6%0M04Q)1TXZ(&IU#L@1D].5#H@8F]L M9"`Q,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-E6QE/3-$)U!!1$1)3D6QE/3-$)U1%6%0M04Q)1TXZ M(&-E;G1E6QE/3-$ M)U!!1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)U!! M1$1)3D6QE/3-$)U1%6%0M04Q)1TXZ(&-E M;G1E6QE/3-$)U1%6%0M04Q)1TXZ(&-E;G1E6QE/3-$)U!!1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)U1%6%0M04Q)1TXZ(&IU M2<@8V]L2<@8V]L2<@8V]L2<@8V]L2<@8V]L6QE/3-$)U1%6%0M04Q)1TXZ(&IU6QE/3-$)U1% M6%0M04Q)1TXZ(&QE9G0[(%=)1%1(.B`Q)2<^)FYB6QE/3-$)U=)1%1(.B`Q)2<^)FYB6QE/3-$)U1% M6%0M04Q)1TXZ(&QE9G0[(%=)1%1(.B`Q)2<^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT.R!724142#H@,3`E)SXH.#,T/"]T M9#X@/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%=)1%1(.B`Q)2<^ M*3PO=&0^(#QT9"!S='EL93TS1"=724142#H@,24G/B9N8G-P.SPO=&0^(#QT M9"!S='EL93TS1"=415A4+4%,24=..B!L969T.R!724142#H@,24G/B9N8G-P M.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H=#L@5TE$5$@Z M(#$P)2<^*#8T/"]T9#X@/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[ M(%=)1%1(.B`Q)2<^*3PO=&0^(#QT9"!S='EL93TS1"=724142#H@,24G/B9N M8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!L969T.R!72414 M2#H@,24G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R M:6=H=#L@5TE$5$@Z(#$P)2<^*#$V,CPO=&0^(#QT9"!S='EL93TS1"=415A4 M+4%,24=..B!L969T.R!724142#H@,24G/BD\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%=)1%1(.B`Q)2<^)FYB6QE/3-$)T)!0TM'4D]53D0M0T],3U(Z('=H M:71E.R!615)424-!3"U!3$E'3CH@8F]T=&]M)SX@/'1D('-T>6QE/3-$)U1% M6%0M04Q)1TXZ(&IU6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXF;F)S<#L\+W1D/B`\ M=&0@6QE/3-$)U1%6%0M04Q) M1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=. M.B!R:6=H="<^)FYB6QE/3-$)U1%6%0M04Q)1TXZ M(&QE9G0G/B9N8G-P.SPO=&0^(#QT9#XF;F)S<#L\+W1D/B`\=&0@6QE/3-$ M)U1%6%0M04Q)1TXZ(')I9VAT)SXF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9#XF M;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXW-34\ M+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q) M1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#PO='(^(#QT6QE/3-$)U1%6%0M04Q)1TXZ(&QE M9G0G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H M="<^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G M/B9N8G-P.SPO=&0^(#QT9#XF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1%6%0M M04Q)1TXZ(')I9VAT)SXF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO M=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H="<^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^ M(#QT9#XF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT M)SXF;F)S<#L\+W1D/B`\=&0@6QE/3-$)T)!0TM'4D]53D0M0T], M3U(Z(')G8B@R,#0L,C4U+#(P-"D[(%9%4E1)0T%,+4%,24=..B!B;W1T;VTG M/B`\=&0@2<^,C`Q,CPO=&0^ M(#QT9#XF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT M)SXQ+#6QE/3-$)U1%6%0M M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%, M24=..B!R:6=H="<^*#8S,SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=. M.B!L969T)SXI/"]T9#X@/'1D/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=4 M15A4+4%,24=..B!L969T)SXF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1%6%0M M04Q)1TXZ(&QE9G0G/BD\+W1D/B`\=&0^)FYB6QE M/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS M1"=415A4+4%,24=..B!R:6=H="<^,2PP-3<\+W1D/B`\=&0@2!%>'!E;G-E/"]P/B`\<"!S='EL M93TS1"=-05)'24XZ(#!P="`P<'@[($9/3E0Z(#$P<'0@5&EM97,@3F5W(%)O M;6%N+"!4:6UE6QE/3-$)U1%6%0M04Q)1TXZ(&IU6QE/3-$)T)/4D1%4BU"3U143TTZ M(&)L86-K(#%P="!S;VQI9#L@5$585"U!3$E'3CH@8V5N=&5R)R!C;VQS<&%N M/3-$,B!N;W=R87`],T1N;W=R87`^26YS=7)A;F-E/&)R("\^(%!R96UI=6T\ M8G(@+SX@17AP96YS92`H92D\+W1D/B`\=&0@6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K M(#%P="!S;VQI9#L@5$585"U!3$E'3CH@8V5N=&5R)R!C;VQS<&%N/3-$,B!N M;W=R87`],T1N;W=R87`^5&]T86P\8G(@+SX@4')O9'5C=#QB6QE/3-$)U9%4E1)0T%,+4%,24=..B!B;W1T;VTG/B`\=&0@ M2<^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)R!C;VQS M<&%N/3-$,CXF;F)S<#L\+W1D/B`\=&0^)FYB6QE/3-$)T)!0TM'4D]53D0M0T],3U(Z(')G8B@R,#0L,C4U+#(P-"D[ M(%9%4E1)0T%,+4%,24=..B!B;W1T;VTG/B`\=&0@3L@5TE$5$@Z(#4U)2<^,C`Q,#PO=&0^(#QT9"!S='EL M93TS1"=724142#H@,24G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4 M+4%,24=..B!L969T.R!724142#H@,24G/B9N8G-P.SPO=&0^(#QT9"!S='EL M93TS1"=415A4+4%,24=..B!R:6=H=#L@5TE$5$@Z(#$R)2<^*#@S-#PO=&0^ M(#QT9"!S='EL93TS1"=415A4+4%,24=..B!L969T.R!724142#H@,24G/BD\ M+W1D/B`\=&0@6QE/3-$ M)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=4 M15A4+4%,24=..B!R:6=H="<^)FYB6QE/3-$)U1% M6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9#XF;F)S<#L\+W1D/B`\ M=&0@6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXF;F)S<#L\+W1D/B`\=&0@ M6QE/3-$)U1%6%0M04Q)1TXZ(&QE M9G0G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H M="<^.#8R/"]T9#X@/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N M8G-P.SPO=&0^(#QT9#XF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q) M1TXZ(')I9VAT)SXQ+#8Q-SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=. M.B!L969T)SXF;F)S<#L\+W1D/B`\+W1R/B`\='(@2<^)FYB6QE/3-$)U1%6%0M M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%, M24=..B!R:6=H="<^)FYB6QE/3-$)U1%6%0M04Q) M1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9#XF;F)S<#L\+W1D/B`\=&0@6QE M/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXF;F)S<#L\+W1D/B`\=&0@6QE/3-$)T)!0TM'4D]53D0M0T],3U(Z(')G8B@R,#0L,C4U+#(P-"D[(%9% M4E1)0T%,+4%,24=..B!B;W1T;VTG/B`\=&0@2<^,C`Q,CPO=&0^(#QT9#XF;F)S<#L\+W1D/B`\=&0@6QE M/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXH-C,S/"]T9#X@/'1D('-T>6QE/3-$ M)U1%6%0M04Q)1TXZ(&QE9G0G/BD\+W1D/B`\=&0^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9"!S M='EL93TS1"=415A4+4%,24=..B!R:6=H="<^.#$P/"]T9#X@/'1D('-T>6QE M/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9#XF;F)S<#L\ M+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXQ-S<\+W1D/B`\ M=&0@3L@ M34%21TE..B`P<'0@,'!X.R!&3TY4.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@ M5&EM97,L(%-E6QE/3-$)U1%6%0M04Q) M1TXZ(&IU#L@1D].5#H@,3!P="!4:6UE M6QE/3-$)U1%6%0M04Q)1TXZ(&IU#L@1D].5#H@,3!P="!4:6UE6QE/3-$)TU!4D=) M3BU43U`Z(#!P=#L@1D].5#H@,3!P="!4:6UE6QE/3-$)U9% M4E1)0T%,+4%,24=..B!T;W`G/B`\=&0@"<^ M)FYB6QE/3-$)U=)1%1(.B`P+C5I;B<^*&$I/"]T M9#X@/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&IU6QE/3-$)U1%6%0M04Q)1TXZ(&IU#L@ M1D].5#H@,3!P="!4:6UE6QE/3-$)TU!4D=)3BU43U`Z(#!P=#L@1D]. M5#H@,3!P="!4:6UE6QE/3-$)U9%4E1)0T%,+4%,24=..B!T M;W`G/B`\=&0@"<^)FYB6QE/3-$)U=)1%1(.B`P+C5I;B<^*&(I/"]T9#X@/'1D('-T>6QE/3-$ M)U1%6%0M04Q)1TXZ(&IU'!E;G-E(&%C8W)U960@:6X@ M=&AE(&QI86)I;&ET>2!I65A3L@34%21TE..B`P<'0@,'!X.R!&3TY4.B`Q,'!T M(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-E3L@5D525$E# M04PM04Q)1TXZ('1O<"<^(#QT9"!S='EL93TS1"=724142#H@,'!X)SXF;F)S M<#L\+W1D/B`\=&0@2<^3&5G86P@9F5E6QE/3-$ M)U=)1%1(.B`P<'@G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=724142#H@ M,"XU:6XG/BAD*3PO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!J=7-T M:69Y)SY3971T;&5M96YT2!I;FIU3L@34%21TE..B`P<'0@,'!X.R!&3TY4.B`Q,'!T(%1I M;65S($YE=R!2;VUA;BP@5&EM97,L(%-E6QE/3-$)U=)1%1(.B`P<'@G/B9N8G-P.SPO=&0^(#QT9"!S='EL M93TS1"=415A4+4%,24=..B!L969T.R!724142#H@,"XU:6XG/BAE*3PO=&0^ M(#QT9"!S='EL93TS1"=415A4+4%,24=..B!J=7-T:69Y)SY);G-U6QE/3-$)U1%6%0M04Q)1TXZ(&IU#L@ M1D].5#H@,3!P="!4:6UE2!O M9B!T:&4@86)O=F4@>65A7!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@ M8VAA"<@8V5L;'-P86-I;F<],T0P(&-E;&QP861D:6YG/3-$,#X@/'1R('-T>6QE M/3-$)U1%6%0M04Q)1TXZ(&IU"<^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%=)1%1(.B`P+C5I;B<^(#QS=')O M;F<^,36QE/3-$)U1%6%0M04Q)1TXZ M(&IU3L@34%21TE..B`P<'0@,'!X.R!&3TY4.B`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`P+C5I;B<^(#QS=')O;F<^,3@N/"]S=')O M;F<^/"]T9#X@/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&IU6QE/3-$)U1%6%0M04Q)1TXZ M(&IU#L@1D].5#H@,3!P="!4:6UE28C,SD[6QE/3-$)U1%6%0M04Q)1TXZ(&IU6QE/3-$)U1% M6%0M04Q)1TXZ(&IU#L@1D].5#H@,3!P M="!4:6UE28C,SD[7!E.B!T97AT+VAT;6P[(&-H M87)S970](G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@("`@/$U% M5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O M:'1M;#L@8VAA6QE/3-$)U1% M6%0M04Q)1TXZ(&-E;G1E6QE/3-$)U1%6%0M04Q) M1TXZ(&IU#L@1D].5#H@,3!P="!4:6UE M6QE/3-$)U1%6%0M04Q)1TXZ(&IU#L@ M1D].5#H@,3!P="!4:6UE6QE/3-$)U1%6%0M04Q)1TXZ(&IU#L@1D].5#H@,3!P="!4:6UE3L@34%21TE..B`P<'0@,'!X.R!&3TY4.B`Q,'!T(%1I;65S($YE=R!2;VUA M;BP@5&EM97,L(%-E6QE/3-$)T)/4D1%4BU"3U143TTZ M(&)L86-K(#%P="!S;VQI9#L@5$585"U!3$E'3CH@8V5N=&5R)SY#3TPN($$\ M+W1D/B`\=&0@6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S M;VQI9#L@5$585"U!3$E'3CH@8V5N=&5R)R!C;VQS<&%N/3-$,CY#3TPN($(\ M+W1D/B`\=&0@6QE/3-$)U!!1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P M="!S;VQI9#L@5$585"U!3$E'3CH@8V5N=&5R)R!C;VQS<&%N/3-$,CY#3TPN M($4\+W1D/B`\=&0@6QE/3-$)U9%4E1)0T%,+4%,24=..B!B M;W1T;VTG/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(&-E;G1E6QE/3-$)U!!1$1)3D6QE/3-$)U1%6%0M M04Q)1TXZ(&-E;G1E6QE/3-$)U!!1$1)3D6QE/3-$)U9%4E1)0T%,+4%,24=..B!B M;W1T;VTG/B`\=&0@6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@5$585"U! M3$E'3CH@8V5N=&5R)R!C;VQS<&%N/3-$,CXH,2D\8G(@+SX@0VAA'!E M;G-E6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K M(#%P="!S;VQI9#L@5$585"U!3$E'3CH@8V5N=&5R)R!C;VQS<&%N/3-$,CXH M,BD\8G(@+SX@0VAA6QE/3-$)U!!1$1)3D6QE/3-$)T)/ M4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@5$585"U!3$E'3CH@8V5N M=&5R)R!C;VQS<&%N/3-$,CY"86QA;F-E/&)R("\^(&%T($5N9#QB6QE/3-$)U9%4E1)0T%,+4%, M24=..B!B;W1T;VTG/B`\=&0^)FYB6QE M/3-$)T)!0TM'4D]53D0M0T],3U(Z(')G8B@R,#0L,C4U+#(P-"D[(%9%4E1) M0T%,+4%,24=..B!B;W1T;VTG/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE M9G0[(%=)1%1(.B`Q)2<^)FYB6QE/3-$)U=)1%1( M.B`Q)2<^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE M9G0[(%=)1%1(.B`Q)2<^)FYB6QE/3-$)U1%6%0M M04Q)1TXZ(')I9VAT.R!724142#H@.24G/B9N8G-P.SPO=&0^(#QT9"!S='EL M93TS1"=415A4+4%,24=..B!L969T.R!724142#H@,24G/B9N8G-P.SPO=&0^ M(#QT9"!S='EL93TS1"=724142#H@,24G/B9N8G-P.SPO=&0^(#QT9"!S='EL M93TS1"=415A4+4%,24=..B!L969T.R!724142#H@,24G/B9N8G-P.SPO=&0^ M(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H=#L@5TE$5$@Z(#DE)SXF M;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1% M6%0M04Q)1TXZ(&QE9G0[(%=)1%1(.B`Q)2<^)FYB6QE/3-$)U=)1%1(.B`Q)2<^)FYB6QE/3-$)U1% M6%0M04Q)1TXZ(&QE9G0[(%=)1%1(.B`Q)2<^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT.R!724142#H@.24G/B9N8G-P.SPO M=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!L969T.R!724142#H@,24G M/B9N8G-P.SPO=&0^(#PO='(^(#QT6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9"!S M='EL93TS1"=415A4+4%,24=..B!R:6=H="<^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9#XF;F)S M<#L\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXF;F)S<#L\ M+W1D/B`\=&0@6QE/3-$)U1% M6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4 M+4%,24=..B!R:6=H="<^)FYB6QE/3-$)U1%6%0M M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#PO='(^(#QT6QE/3-$)U!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ M(&)L86-K(#%P="!S;VQI9#L@5$585"U!3$E'3CH@6QE/3-$)U!!1$1)3D6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO M=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H="<^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%!!1$1)3D6QE/3-$)U1%6%0M04Q)1TXZ M(')I9VAT)SXF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U!!1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P M.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H="<^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%!!1$1)3D6QE/3-$)U1%6%0M04Q) M1TXZ(')I9VAT)SXF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U!!1$1)3D6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@ M5$585"U!3$E'3CH@6QE/3-$)T)!0TM'4D]53D0M0T],3U(Z(')G8B@R M,#0L,C4U+#(P-"D[(%9%4E1)0T%,+4%,24=..B!B;W1T;VTG/B`\=&0@6QE/3-$)U!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@ M5$585"U!3$E'3CH@;&5F="<^)#PO=&0^(#QT9"!S='EL93TS1"="3U)$15(M M0D]45$]-.B!B;&%C:R`Q<'0@6QE/3-$)U!!1$1) M3D6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT M9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H="<^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@5$58 M5"U!3$E'3CH@6QE/3-$)T)!0TM'4D]53D0M0T],3U(Z('=H:71E.R!6 M15)424-!3"U!3$E'3CH@8F]T=&]M)SX@/'1D('-T>6QE/3-$)U1%6%0M24Y$ M14Y4.B`M,"XQ:6X[(%!!1$1)3D6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT M)SXF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9"!S='EL M93TS1"=415A4+4%,24=..B!R:6=H="<^)FYB6QE M/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9#XF;F)S<#L\ M+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXF;F)S<#L\+W1D M/B`\=&0@6QE/3-$)U1% M6%0M04Q)1TXZ(')I9VAT)SXF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P M.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H="<^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO M=&0^(#QT9#XF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(')I M9VAT)SXF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U!!1$1) M3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K M(#%P="!S;VQI9#L@5$585"U!3$E'3CH@;&5F="<^)#PO=&0^(#QT9"!S='EL M93TS1"="3U)$15(M0D]45$]-.B!B;&%C:R`Q<'0@6QE/3-$)U1%6%0M04Q) M1TXZ(&QE9G0[(%!!1$1)3D6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXF;F)S<#L\+W1D/B`\=&0@ M6QE/3-$)U!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@5$58 M5"U!3$E'3CH@;&5F="<^)#PO=&0^(#QT9"!S='EL93TS1"="3U)$15(M0D]4 M5$]-.B!B;&%C:R`Q<'0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%!!1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ M(&)L86-K(#%P="!S;VQI9#L@5$585"U!3$E'3CH@6QE/3-$)U!!1$1)3D6QE/3-$ M)U1%6%0M04Q)1TXZ(&QE9G0[(%!!1$1)3D6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXF;F)S<#L\ M+W1D/B`\=&0@6QE/3-$)U!!1$1)3D6QE/3-$ M)U1%6%0M04Q)1TXZ(&QE9G0[(%!!1$1)3D6QE/3-$)T)/ M4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@5$585"U!3$E'3CH@6QE/3-$)T)!0TM'4D]53D0M0T],3U(Z('=H:71E.R!615)424-!3"U!3$E' M3CH@8F]T=&]M)SX@/'1D('-T>6QE/3-$)U!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L M86-K(#%P="!S;VQI9#L@5$585"U!3$E'3CH@6QE/3-$)U!!1$1)3D6QE/3-$)U1% M6%0M04Q)1TXZ(&QE9G0[(%!!1$1)3D6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXF;F)S<#L\+W1D M/B`\=&0@6QE/3-$)U!!1$1)3D6QE/3-$)U1% M6%0M04Q)1TXZ(&QE9G0[(%!!1$1)3D6QE/3-$)T)/4D1% M4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@5$585"U!3$E'3CH@6QE M/3-$)T)!0TM'4D]53D0M0T],3U(Z(')G8B@R,#0L,C4U+#(P-"D[(%9%4E1) M0T%,+4%,24=..B!B;W1T;VTG/B`\=&0@6QE/3-$)U1%6%0M04Q) M1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=. M.B!R:6=H="<^)FYB6QE/3-$)U1%6%0M04Q)1TXZ M(&QE9G0G/B9N8G-P.SPO=&0^(#QT9#XF;F)S<#L\+W1D/B`\=&0@6QE/3-$ M)U1%6%0M04Q)1TXZ(')I9VAT)SXF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N M8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H="<^)FYB M6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P M.SPO=&0^(#PO='(^(#QT6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9"!S M='EL93TS1"=415A4+4%,24=..B!R:6=H="<^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9#XF;F)S M<#L\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXF;F)S<#L\ M+W1D/B`\=&0@6QE/3-$)U1% M6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4 M+4%,24=..B!R:6=H="<^)FYB6QE/3-$)U1%6%0M M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#PO='(^(#QT6QE/3-$)U!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ M(&)L86-K(#%P="!S;VQI9#L@5$585"U!3$E'3CH@6QE/3-$)T)/4D1%4BU" M3U143TTZ(&)L86-K(#%P="!S;VQI9#L@5$585"U!3$E'3CH@;&5F="<^)#PO M=&0^(#QT9"!S='EL93TS1"="3U)$15(M0D]45$]-.B!B;&%C:R`Q<'0@6QE/3-$ M)U1%6%0M04Q)1TXZ(&QE9G0[(%!!1$1)3D6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXF;F)S<#L\ M+W1D/B`\=&0@6QE/3-$)U!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI M9#L@5$585"U!3$E'3CH@;&5F="<^)#PO=&0^(#QT9"!S='EL93TS1"="3U)$ M15(M0D]45$]-.B!B;&%C:R`Q<'0@6QE/3-$)T)!0TM'4D]53D0M0T],3U(Z('=H:71E.R!615)424-!3"U!3$E' M3CH@8F]T=&]M)SX@/'1D('-T>6QE/3-$)U!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L M86-K(#%P="!S;VQI9#L@5$585"U!3$E'3CH@6QE/3-$)T)/4D1%4BU"3U14 M3TTZ(&)L86-K(#%P="!S;VQI9#L@5$585"U!3$E'3CH@;&5F="<^)#PO=&0^ M(#QT9"!S='EL93TS1"="3U)$15(M0D]45$]-.B!B;&%C:R`Q<'0@6QE/3-$)U!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ M(&)L86-K(#%P="!S;VQI9#L@5$585"U!3$E'3CH@;&5F="<^)#PO=&0^(#QT M9"!S='EL93TS1"="3U)$15(M0D]45$]-.B!B;&%C:R`Q<'0@6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@5$585"U! M3$E'3CH@;&5F="<^)#PO=&0^(#QT9"!S='EL93TS1"="3U)$15(M0D]45$]- M.B!B;&%C:R`Q<'0@6QE/3-$)T)! M0TM'4D]53D0M0T],3U(Z(')G8B@R,#0L,C4U+#(P-"D[(%9%4E1)0T%,+4%, M24=..B!B;W1T;VTG/B`\=&0@6QE M/3-$)U!!1$1)3D6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI M9#L@5$585"U!3$E'3CH@6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXF;F)S<#L\+W1D M/B`\=&0@6QE/3-$)U!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@ M5$585"U!3$E'3CH@;&5F="<^)#PO=&0^(#QT9"!S='EL93TS1"="3U)$15(M M0D]45$]-.B!B;&%C:R`Q<'0@3L@34%21TE..B`P<'0@ M,'!X.R!&3TY4.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-E6QE/3-$)U=)1%1(.B`P<'@G/B9N M8G-P.SPO=&0^(#QT9"!S='EL93TS1"=724142#H@,C=P="<^*&(I/"]T9#X@ M/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&IU6QE/3-$)U=)1%1(.B`P<'@G M/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=724142#H@,C=P="<^*&,I/"]T M9#X@/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&IU2!W'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQA'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\ M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$&AT;6PQ+71R86YS:71I;VYA M;"YD=&0B("TM/CQD:78^(#QD:78^/"$M+5-T87)T1G)A9VUE;G0M+3X@/'`@ M3L@34%21TE..B`P<'0@,'!X M.R!&3TY4.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-EF%T:6]N/"]U/CPO<#X@/'`@3L@34%21TE..B`P<'0@,'!X.R!&3TY4.B`Q,'!T(%1I;65S M($YE=R!2;VUA;BP@5&EM97,L(%-E28C,SD['!O2`S)2!O9B!F:7)E87)M M3L@34%21TE..B`P<'0@,'!X.R!&3TY4.B`Q M,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-E2!T;R!O2`Q)2!O9B!T:&4@0V]M<&%N>28C,SD['0^/"$M+41/0U194$4@:'1M;"!054),24,@(BTO+U&AT;6PQ+T141"]X:'1M;#$M=')A;G-I=&EO;F%L+F1T9"(@+2T^/&1I=CX@ M/&1I=CX\(2TM4W1A3L@34%21TE..B`P<'0@,'!X.R!&3TY4.B`Q,'!T(%1I;65S($YE M=R!2;VUA;BP@5&EM97,L(%-E2!A8V-E<'1E9"!A8V-O=6YT:6YG('!R M:6YC:7!L97,@*")'04%0(BDN(%1H92!P6QE/3-$)U1%6%0M04Q)1TXZ(&IU M#L@1D].5#H@,3!P="!4:6UE6QE/3-$)U1%6%0M04Q)1TXZ(&IU#L@1D].5#H@,3!P="!4:6UE3L@34%21TE..B`P<'0@,'!X.R!&3TY4.B`Q,'!T(%1I M;65S($YE=R!2;VUA;BP@5&EM97,L(%-E2!A M;&P@<')O9'5C="!S86QE28C,SD['!E2!A8V-O=6YT'!E;G-E+B!!;6]U;G1S(&)I;&QE9"!T;R!C M=7-T;VUE'!E;G-E&-I'0^/"$M+41/0U19 M4$4@:'1M;"!054),24,@(BTO+U&AT;6PQ+T141"]X M:'1M;#$M=')A;G-I=&EO;F%L+F1T9"(@+2T^/&1I=CX@/&1I=CX\(2TM4W1A M3L@5$585"U)3D1%3E0Z(#`N-6EN.R!-05)'24XZ M(#!P="`P<'@[($9/3E0Z(#$P<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE6QE/3-$)U1%6%0M04Q)1TXZ(&IU M#L@1D].5#H@,3!P="!4:6UE6QE/3-$)TU!4D=)3CH@,'!T(#!P>#L@1D].5#H@,3!P="!4:6UE6QE/3-$)U1%6%0M04Q)1TXZ(&IU#L@1D].5#H@,3!P="!4:6UE2!B92!N96-E65A M'0^/"$M+41/ M0U194$4@:'1M;"!054),24,@(BTO+U&AT;6PQ+T14 M1"]X:'1M;#$M=')A;G-I=&EO;F%L+F1T9"(@+2T^/&1I=CX@/&1I=CX\(2TM M4W1A3L@34%21TE..B`P<'0@,'!X.R!&3TY4.B`Q M,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-E2!A;&P@;V8@=&AE($-O;7!A;GDF(S,Y.W,@:6YV96YT;W)I97,@87)E M('9A;'5E9"!A="!T:&4@;&]W97(@;V8@8V]S="P@<')I;F-I<&%L;'D@9&5T M97)M:6YE9"!B>2!T:&4@;&%S="UI;BP@9FER'0^/"$M+41/0U194$4@:'1M M;"!054),24,@(BTO+U&AT;6PQ+T141"]X:'1M;#$M M=')A;G-I=&EO;F%L+F1T9"(@+2T^/&1I=CX@/&1I=CX\(2TM4W1A6QE/3-$)U1%6%0M04Q)1TXZ(&IU#L@1D].5#H@,3!P="!4:6UE3L@34%21TE..B`P<'0@,'!X.R!&3TY4 M.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-E'0^/"$M+41/0U194$4@:'1M;"!054),24,@(BTO+U&AT;6PQ+T141"]X:'1M;#$M=')A;G-I=&EO;F%L+F1T9"(@ M+2T^/&1I=CX@/&1I=CX\(2TM4W1A6QE/3-$)U1%6%0M04Q)1TXZ M(&IU#L@1D].5#H@,3!P="!4:6UE3L@34%21TE..B`P<'0@,'!X.R!&3TY4 M.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-E6EN9R!V86QU92!O9B!L;VYG+6QI M=F5D(&%S6EN9R!V86QU92!O M9B!T:&4@87-S971S+"!T:&4@87-S971S(&%R92!C;VYS:61E2!W:&EC:"!T:&4@8V%R&-E961S('1H96ER(&9A:7(@=F%L=64N(%1H92!#;VUP86YY M(&)A2!O9B!T:&4@87-S M971S+CPO<#X@/'`@2!-971H M;V0@26YV97-T;65N=',\+W1D/@T*("`@("`@("`\=&0@8VQA&AT;6PQ+71R86YS:71I;VYA;"YD=&0B("TM/CQD:78^(#QD M:78^/"$M+5-T87)T1G)A9VUE;G0M+3X@/'`@3L@34%21TE..B`P<'0@,'!X.R!&3TY4.B`Q,'!T(%1I;65S M($YE=R!2;VUA;BP@5&EM97,L(%-E6QE/3-$)U1%6%0M04Q)1TXZ(&IU M#L@1D].5#H@,3!P="!4:6UE3L@34%21TE..B`P<'0@,'!X.R!&3TY4.B`Q M,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-E2!I'!E M;G-E&AT;6PQ+71R86YS:71I;VYA;"YD=&0B M("TM/CQD:78^(#QD:78^/"$M+5-T87)T1G)A9VUE;G0M+3X@/'`@3L@34%21TE..B`P<'0@,'!X.R!&3TY4 M.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-E6QE/3-$)U1%6%0M04Q)1TXZ(&IU#L@1D].5#H@,3!P="!4:6UE&5S/"]T9#X-"B`@("`@("`@/'1D(&-L M87-S/3-$=&5X=#X\(2TM1$]#5%E012!H=&UL(%!50DQ)0R`B+2\O5S-#+R]$ M5$0@6$A434P@,2XP(%1R86YS:71I;VYA;"\O14XB(")H='1P.B\O=W=W+G6QE/3-$ M)T9/3E0Z(#$P<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE#L@5$585"U!3$E' M3CH@:G5S=&EF>2<^(#QU/DEN8V]M92!487AE6QE M/3-$)U1%6%0M04Q)1TXZ(&IU&5S(&%R92!R96-O9VYI>F5D(&9O2!A<'!L>6EN9R!E;F%C=&5D M('-T871U=&]R>2!R871E3PO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/"$M M+41/0U194$4@:'1M;"!054),24,@(BTO+U&AT;6PQ M+T141"]X:'1M;#$M=')A;G-I=&EO;F%L+F1T9"(@+2T^/&1I=CX@/&1I=CX\ M(2TM4W1A3L@34%21TE..B`P<'0@,'!X M.R!&3TY4.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-E&AT;6PQ+71R86YS:71I;VYA;"YD M=&0B("TM/CQD:78^(#QD:78^/"$M+5-T87)T1G)A9VUE;G0M+3X@/'`@3L@34%21TE..B`P<'0@,'!X.R!& M3TY4.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-E#L@1D].5#H@,3!P="!4:6UE3L@34%21TE..B`P<'0@,'!X.R!&3TY4.B`Q,'!T(%1I;65S($YE=R!2;VUA M;BP@5&EM97,L(%-E&AT;6PQ+71R86YS:71I;VYA;"YD=&0B("TM/CQD:78^(#QD:78^/"$M M+5-T87)T1G)A9VUE;G0M+3X@/'`@#L@1D].5#H@,3!P="!4:6UE3L@ M34%21TE..B`P<'0@,'!X.R!&3TY4.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@ M5&EM97,L(%-E'0^/"$M+41/ M0U194$4@:'1M;"!054),24,@(BTO+U&AT;6PQ+T14 M1"]X:'1M;#$M=')A;G-I=&EO;F%L+F1T9"(@+2T^/&1I=CX@/&1I=CX\(2TM M4W1A6QE/3-$)U1%6%0M04Q) M1TXZ(&IU#L@1D].5#H@,3!P="!4:6UE M2!S<&5N="!A<'!R;WAI;6%T96QY("0U+CD@ M;6EL;&EO;BP@)#0N,"!M:6QL:6]N+"!A;F0@)#,N,B!M:6QL:6]N+"!R97-P M96-T:79E;'DL(&]N(')E6QE/3-$)U1%6%0M04Q)1TXZ(&IU#L@1D].5#H@,3!P="!4:6UE6QE/3-$)U1%6%0M04Q)1TXZ(&IU#L@1D].5#H@,3!P="!4:6UE3L@34%21TE..B`P<'0@,'!X.R!&3TY4.B`Q,'!T(%1I;65S($YE=R!2 M;VUA;BP@5&EM97,L(%-E2!S=&]C:R!M971H;V0N/"]P/B`\(2TM16YD1G)A9VUE;G0M+3X\+V1I M=CX@/"]D:78^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@ M(#PO=&%B;&4^#0H@(#PO8F]D>3X-"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT M4&%R=%\V-6$X,65C-%\R8S,V7S1E-V)?.34V-U\U.#0V9F0U-#-E-6(-"D-O M;G1E;G0M3&]C871I;VXZ(&9I;&4Z+R\O0SHO-C5A.#%E8S1?,F,S-E\T93=B M7SDU-C=?-3@T-F9D-30S935B+U=O'0O:'1M;#L@8VAA7!E(&-O;G1E;G0],T0G=&5X="]H=&UL.R!C:&%R6QE/3-$)U1%6%0M04Q)1TXZ(&IU#L@1D].5#H@,3!P="!4:6UE6QE/3-$)U=)1%1(.B`Q,#`E M.R!"3U)$15(M0T],3$%04T4Z(&-O;&QA<'-E.R!&3TY4.B`Q,'!T(%1I;65S M($YE=R!2;VUA;BP@5&EM97,L(%-E6QE/3-$)T)/4D1%4BU"3U14 M3TTZ(&)L86-K(#%P="!S;VQI9#L@5$585"U!3$E'3CH@6QE M/3-$)U!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K M(#%P="!S;VQI9#L@5$585"U!3$E'3CH@6QE/3-$)U9%4E1)0T%,+4%,24=..B!B M;W1T;VTG/B`\=&0^)FYB6QE/3-$)U1%6%0M M04Q)1TXZ(&QE9G0[(%=)1%1(.B`W,"4G/E1R861E(')E8V5I=F%B;&5S/"]T M9#X@/'1D('-T>6QE/3-$)U=)1%1(.B`Q)2<^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%=)1%1(.B`Q)2<^)#PO=&0^(#QT M9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H=#L@5TE$5$@Z(#$R)2<^-#0L M,30S/"]T9#X@/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%=)1%1( M.B`Q)2<^)FYB6QE/3-$)U=)1%1(.B`Q)2<^)FYB M6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%=)1%1( M.B`Q)2<^)#PO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H=#L@ M5TE$5$@Z(#$R)2<^-#,L,C$W/"]T9#X@/'1D('-T>6QE/3-$)U1%6%0M04Q) M1TXZ(&QE9G0[(%=)1%1(.B`Q)2<^)FYB6QE/3-$)T)!0TM'4D]53D0M0T],3U(Z('=H:71E.R!615)424-!3"U!3$E' M3CH@8F]T=&]M)SX@/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/D%L M;&]W86YC92!F;W(@9&]U8G1F=6P@86-C;W5N=',\+W1D/B`\=&0^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO M=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H="<^*#,P,#PO=&0^ M(#QT9"!S='EL93TS1"=415A4+4%,24=..B!L969T)SXI/"]T9#X@/'1D/B9N M8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!L969T)SXF;F)S M<#L\+W1D/B`\=&0@6QE/3-$ M)U1%6%0M04Q)1TXZ(&QE9G0[(%!!1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@5$58 M5"U!3$E'3CH@6QE/3-$)U1%6%0M M04Q)1TXZ(&QE9G0[(%!!1$1)3D6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%!!1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)T)/4D1%4BU" M3U143TTZ(&)L86-K(#(N-7!T(&1O=6)L93L@5$585"U!3$E'3CH@;&5F="<^ M("0\+W1D/B`\=&0@6QE/3-$ M)U1%6%0M04Q)1TXZ(&IU#L@1D].5#H@ M,3!P="!4:6UE7!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@8VAA6QE/3-$)U1%6%0M04Q)1TXZ(&IU#L@1D].5#H@,3!P="!4:6UE6QE/3-$)U=)1%1(.B`Q,#`E.R!" M3U)$15(M0T],3$%04T4Z(&-O;&QA<'-E.R!&3TY4.B`Q,'!T(%1I;65S($YE M=R!2;VUA;BP@5&EM97,L(%-E6QE/3-$)T)/4D1%4BU"3U143TTZ M(&)L86-K(#%P="!S;VQI9#L@5$585"U!3$E'3CH@6QE/3-$ M)U!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P M="!S;VQI9#L@5$585"U!3$E'3CH@6QE/3-$)U9%4E1)0T%,+4%,24=..B!B;W1T M;VTG/B`\=&0^)FYB6QE/3-$)U1%6%0M04Q) M1TXZ(&QE9G0[(%=)1%1(.B`W,"4G/D9I;FES:&5D(&=O;V1S/"]T9#X@/'1D M('-T>6QE/3-$)U=)1%1(.B`Q)2<^)FYB6QE/3-$ M)U1%6%0M04Q)1TXZ(&QE9G0[(%=)1%1(.B`Q)2<^)#PO=&0^(#QT9"!S='EL M93TS1"=415A4+4%,24=..B!R:6=H=#L@5TE$5$@Z(#$R)2<^,RPV,34\+W1D M/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT.R!724142#H@ M,3(E)SXT+#`W,3PO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!L969T M.R!724142#H@,24G/B9N8G-P.SPO=&0^(#PO='(^(#QT6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S M;VQI9#L@5$585"U!3$E'3CH@;&5F="<^("9N8G-P.SPO=&0^(#QT9"!S='EL M93TS1"="3U)$15(M0D]45$]-.B!B;&%C:R`Q<'0@6QE/3-$)U1%6%0M04Q) M1TXZ(&QE9G0[(%!!1$1)3D6QE/3-$)T)/ M4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@5$585"U!3$E'3CH@6QE/3-$)T)!0TM'4D]53D0M0T],3U(Z(')G8B@R,#0L,C4U+#(P-"D[ M(%9%4E1)0T%,+4%,24=..B!B;W1T;VTG/B`\=&0^)FYB6QE/3-$)U1%6%0M04Q) M1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=. M.B!R:6=H="<^-#6QE/3-$)U1%6%0M04Q)1TXZ M(&QE9G0G/B9N8G-P.SPO=&0^(#PO='(^(#QT6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@5$585"U! M3$E'3CH@6QE/3-$)U1%6%0M M04Q)1TXZ(&QE9G0[(%!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@5$58 M5"U!3$E'3CH@;&5F="<^("9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"="3U)$ M15(M0D]45$]-.B!B;&%C:R`Q<'0@6QE M/3-$)T)!0TM'4D]53D0M0T],3U(Z(')G8B@R,#0L,C4U+#(P-"D[(%9%4E1) M0T%,+4%,24=..B!B;W1T;VTG/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%!!1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)T)/4D1%4BU" M3U143TTZ(&)L86-K(#(N-7!T(&1O=6)L93L@5$585"U!3$E'3CH@;&5F="<^ M("0\+W1D/B`\=&0@6QE/3-$ M)TU!4D=)3CH@,'!T(#!P>#L@1D].5#H@,3!P="!4:6UE3X-"CPO:'1M;#X-"@T*+2TM+2TM/5]. M97AT4&%R=%\V-6$X,65C-%\R8S,V7S1E-V)?.34V-U\U.#0V9F0U-#-E-6(- M"D-O;G1E;G0M3&]C871I;VXZ(&9I;&4Z+R\O0SHO-C5A.#%E8S1?,F,S-E\T M93=B7SDU-C=?-3@T-F9D-30S935B+U=O'0O:'1M;#L@8VAA7!E(&-O;G1E;G0],T0G=&5X="]H=&UL.R!C:&%R&AT;6PQ+71R86YS:71I;VYA;"YD=&0B("TM M/CQD:78^(#QD:78^/"$M+5-T87)T1G)A9VUE;G0M+3X@/'`@3L@34%21TE..B`P<'0@,'!X.R!&3TY4.B`Q M,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-E6QE M/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@1D].5"U35%E, M13H@:71A;&EC)SX@1&5C96UB97(@,S$L/"]T9#X@/'1D('-T>6QE/3-$)U!! M1$1)3D6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)R!C;VQS<&%N/3-$,CXF;F)S<#L\ M+W1D/B`\=&0^)FYB6QE/3-$)T)!0TM' M4D]53D0M0T],3U(Z(')G8B@R,#0L,C4U+#(P-"D[(%9%4E1)0T%,+4%,24=. M.B!B;W1T;VTG/B`\=&0@6QE M/3-$)U=)1%1(.B`Q)2<^)FYB6QE/3-$)U1%6%0M M04Q)1TXZ(&QE9G0[(%=)1%1(.B`Q)2<^)#PO=&0^(#QT9"!S='EL93TS1"=4 M15A4+4%,24=..B!R:6=H=#L@5TE$5$@Z(#$R)2<^,2PS,#@\+W1D/B`\=&0@ M6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT.R!724142#H@,3(E)SXQ M+#(V-CPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!L969T.R!72414 M2#H@,24G/B9N8G-P.SPO=&0^(#PO='(^(#QT6QE/3-$)U1% M6%0M04Q)1TXZ(')I9VAT)SXR.2PU,SD\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXQ M,S,L-C,U/"]T9#X@/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N M8G-P.SPO=&0^(#QT9#XF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q) M1TXZ(')I9VAT)SXQ,3$L-34X/"]T9#X@/'1D('-T>6QE/3-$)U1%6%0M04Q) M1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#PO='(^(#QT6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L M86-K(#%P="!S;VQI9#L@5$585"U!3$E'3CH@6QE/3-$)U!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#(N-7!T(&1O=6)L93L@5$58 M5"U!3$E'3CH@6QE/3-$)U1% M6%0M04Q)1TXZ(&QE9G0[(%!!1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#(N M-7!T(&1O=6)L93L@5$585"U!3$E'3CH@;&5F="<^("0\+W1D/B`\=&0@7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S M+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE M<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA M6QE/3-$ M)U1%6%0M04Q)1TXZ(&IU#L@1D].5#H@ M,3!P="!4:6UE6QE/3-$)U=)1%1(.B`Q,#`E.R!"3U)$15(M0T],3$%0 M4T4Z(&-O;&QA<'-E.R!&3TY4.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM M97,L(%-E6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S M;VQI9#L@5$585"U!3$E'3CH@6QE/3-$)U!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@5$58 M5"U!3$E'3CH@6QE/3-$)U9%4E1)0T%,+4%,24=..B!B;W1T;VTG/B`\=&0^)FYB M6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%=) M1%1(.B`W,"4G/E!A=&5N=',L(&%T(&-O6QE/3-$)U1%6%0M M04Q)1TXZ(')I9VAT.R!724142#H@,3(E)SXU+#`R,3PO=&0^(#QT9"!S='EL M93TS1"=415A4+4%,24=..B!L969T.R!724142#H@,24G/B9N8G-P.SPO=&0^ M(#QT9"!S='EL93TS1"=724142#H@,24G/B9N8G-P.SPO=&0^(#QT9"!S='EL M93TS1"=415A4+4%,24=..B!L969T.R!724142#H@,24G/B0\+W1D/B`\=&0@ M6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%=)1%1(.B`Q M)2<^)FYB6QE/3-$)T)!0TM'4D]53D0M M0T],3U(Z('=H:71E.R!615)424-!3"U!3$E'3CH@8F]T=&]M)SX@/'1D('-T M>6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%!!1$1)3D6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT M9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H="<^*#(L.#(V/"]T9#X@/'1D M('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/BD\+W1D/B`\=&0^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO M=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H="<^*#(L-3@S/"]T M9#X@/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/BD\+W1D/B`\+W1R M/B`\='(@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G M/B9N8G-P.SPO=&0^(#QT9#XF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1%6%0M M04Q)1TXZ(')I9VAT)SXQ+#8Q.#PO=&0^(#QT9"!S='EL93TS1"=415A4+4%, M24=..B!L969T)SXF;F)S<#L\+W1D/B`\+W1R/B`\='(@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT M9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H="<^,BPP-3<\+W1D/B`\=&0@ M6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO M=&0^(#PO='(^(#QT6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%!!1$1)3D6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT M9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H="<^*#0Y.#PO=&0^(#QT9"!S M='EL93TS1"=415A4+4%,24=..B!L969T)SXI/"]T9#X@/'1D/B9N8G-P.SPO M=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!L969T)SXF;F)S<#L\+W1D M/B`\=&0@6QE/3-$)U1%6%0M M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%, M24=..B!R:6=H="<^,3(U/"]T9#X@/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ M(&QE9G0G/B9N8G-P.SPO=&0^(#QT9#XF;F)S<#L\+W1D/B`\=&0@6QE/3-$ M)U1%6%0M04Q)1TXZ(')I9VAT)SXY-CD\+W1D/B`\=&0@6QE/3-$ M)T)!0TM'4D]53D0M0T],3U(Z(')G8B@R,#0L,C4U+#(P-"D[(%9%4E1)0T%, M+4%,24=..B!B;W1T;VTG/B`\=&0@6QE/3-$)U1%6%0M04Q) M1TXZ(')I9VAT)SXQ+#(P-CPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=. M.B!L969T)SXF;F)S<#L\+W1D/B`\=&0^)FYB6QE M/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS M1"=415A4+4%,24=..B!R:6=H="<^+3PO=&0^(#QT9"!S='EL93TS1"=415A4 M+4%,24=..B!L969T)SXF;F)S<#L\+W1D/B`\+W1R/B`\='(@6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S M;VQI9#L@5$585"U!3$E'3CH@;&5F="<^("9N8G-P.SPO=&0^(#QT9"!S='EL M93TS1"="3U)$15(M0D]45$]-.B!B;&%C:R`Q<'0@6QE/3-$)U1%6%0M04Q)1TXZ M(&QE9G0[(%!!1$1)3D6QE/3-$)T)/4D1% M4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@5$585"U!3$E'3CH@6QE M/3-$)T)!0TM'4D]53D0M0T],3U(Z(')G8B@R,#0L,C4U+#(P-"D[(%9%4E1) M0T%,+4%,24=..B!B;W1T;VTG/B`\=&0@7!E.B!T97AT+VAT;6P[ M(&-H87)S970](G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@("`@ M/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E M>'0O:'1M;#L@8VAA6%B;&4@ M86YD($%C8W)U960@17AP96YS97,@6T%B'0^/'-P86X^/"]S<&%N/CPO=&0^ M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$6QE/3-$)U1%6%0M04Q)1TXZ(&IU#L@1D].5#H@,3!P="!4:6UE6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S M;VQI9#L@1D].5"U35%E,13H@:71A;&EC)SX@1&5C96UB97(@,S$L/"]T9#X@ M/'1D('-T>6QE/3-$)U!!1$1)3D6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)R!C;VQS M<&%N/3-$,CXF;F)S<#L\+W1D/B`\=&0^)FYB6QE/3-$)T)!0TM'4D]53D0M0T],3U(Z(')G8B@R,#0L,C4U+#(P-"D[ M(%9%4E1)0T%,+4%,24=..B!B;W1T;VTG/B`\=&0@6QE/3-$)U!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@5$585"U! M3$E'3CH@;&5F="<^("9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"="3U)$15(M M0D]45$]-.B!B;&%C:R`Q<'0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%!! M1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)T)/4D1% M4BU"3U143TTZ(&)L86-K(#(N-7!T(&1O=6)L93L@5$585"U!3$E'3CH@;&5F M="<^("0\+W1D/B`\=&0@6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#(N M-7!T(&1O=6)L93L@5$585"U!3$E'3CH@7!E.B!T97AT+VAT M;6P[(&-H87)S970](G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@ M("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$ M)W1E>'0O:'1M;#L@8VAA65E($)E;F5F:70@4&QA;G,@*%1A8FQE M6QE/3-$)U1%6%0M04Q)1TXZ M(&QE9G0[($9/3E0M5T5)1TA4.B!B;VQD)SXF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXF;F)S<#L\+W1D/B`\=&0@ M6QE/3-$)T)!0TM'4D]53D0M0T],3U(Z('=H:71E.R!615)424-! M3"U!3$E'3CH@8F]T=&]M)SX@/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&QE M9G0[(%=)1%1(.B`W,"4G/D)E;F5F:70@;V)L:6=A=&EO;B!A="!B96=I;FYI M;F<@;V8@>65A6QE M/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/E-E6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXM/"]T M9#X@/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^ M(#QT9#XF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT M)SXM/"]T9#X@/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P M.SPO=&0^(#PO='(^(#QT6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^ M(#QT9#XF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT M)SXS+#4T-3PO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!L969T)SXF M;F)S<#L\+W1D/B`\+W1R/B`\='(@6QE/3-$)U1%6%0M04Q)1TXZ M(')I9VAT)SXW+#6QE/3-$ M)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=4 M15A4+4%,24=..B!R:6=H="<^-RPV-C(\+W1D/B`\=&0@6QE/3-$ M)T)!0TM'4D]53D0M0T],3U(Z('=H:71E.R!615)424-!3"U!3$E'3CH@8F]T M=&]M)SX@/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%!!1$1)3D6QE/3-$ M)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@5$585"U!3$E'3CH@ M;&5F="<^("9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"="3U)$15(M0D]45$]- M.B!B;&%C:R`Q<'0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%!!1$1)3D6QE/3-$)T)/4D1%4BU"3U14 M3TTZ(&)L86-K(#%P="!S;VQI9#L@5$585"U!3$E'3CH@;&5F="<^("9N8G-P M.SPO=&0^(#QT9"!S='EL93TS1"="3U)$15(M0D]45$]-.B!B;&%C:R`Q<'0@ M6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%!!1$1)3D65A6QE/3-$)U1%6%0M04Q)1TXZ(&QE M9G0G/B9N8G-P.SPO=&0^(#PO='(^(#PA+2U%;F1&&AT;6PQ+71R86YS:71I;VYA;"YD=&0B("TM/CQD:78^(#QD:78^(#QT M86)L92!S='EL93TS1"=724142#H@,3`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`\=&0@6QE/3-$)U1% M6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9#XF;F)S<#L\+W1D/B`\ M=&0@6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXR+#$U-CPO=&0^(#QT9"!S M='EL93TS1"=415A4+4%,24=..B!L969T)SXF;F)S<#L\+W1D/B`\+W1R/B`\ M='(@6QE/3-$)U!!1$1)3D6QE/3-$)U!!1$1)3D6QE M/3-$)T)!0TM'4D]53D0M0T],3U(Z('=H:71E.R!615)424-!3"U!3$E'3CH@ M8F]T=&]M)SX@/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%!!1$1) M3D&AT;6PQ+71R86YS:71I;VYA;"YD=&0B("TM/CQD:78^(#QD M:78^/"$M+5-T87)T1G)A9VUE;G0M+3X@/'1A8FQE('-T>6QE/3-$)U=)1%1( M.B`Q,#`E.R!"3U)$15(M0T],3$%04T4Z(&-O;&QA<'-E.R!&3TY4.B`Q,'!T M(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-E6QE/3-$ M)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=4 M15A4+4%,24=..B!R:6=H="<^)FYB6QE/3-$)U1% M6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9#XF;F)S<#L\+W1D/B`\ M=&0@6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXF;F)S<#L\+W1D/B`\=&0@ M6QE/3-$)T)!0TM'4D]53D0M0T],3U(Z(')G8B@R,#0L,C4U+#(P M-"D[(%9%4E1)0T%,+4%,24=..B!B;W1T;VTG/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXH,3DL-C(V/"]T M9#X@/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/BD\+W1D/B`\=&0^ M)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N M8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H="<^*#$Y M+#`X,CPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!L969T)SXI/"]T M9#X@/"]T6QE/3-$)T)!0TM'4D]53D0M0T],3U(Z('=H:71E M.R!615)424-!3"U!3$E'3CH@8F]T=&]M)SX@/'1D('-T>6QE/3-$)U1%6%0M M04Q)1TXZ(&QE9G0G/E5N6QE/3-$)U1%6%0M04Q)1TXZ M(&QE9G0G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R M:6=H="<^-#6QE/3-$)U1%6%0M04Q)1TXZ(&QE M9G0G/B9N8G-P.SPO=&0^(#QT9#XF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1% M6%0M04Q)1TXZ(')I9VAT)SXT,RPW,3D\+W1D/B`\=&0@6QE/3-$ M)T)!0TM'4D]53D0M0T],3U(Z(')G8B@R,#0L,C4U+#(P-"D[(%9%4E1)0T%, M+4%,24=..B!B;W1T;VTG/B`\=&0@F5D('!R:6]R('-E M6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI M9#L@5$585"U!3$E'3CH@6QE/3-$)U1% M6%0M04Q)1TXZ(&QE9G0[(%!!1$1)3D6QE M/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@5$585"U!3$E' M3CH@6QE/3-$)U1%6%0M04Q)1TXZ(&QE M9G0[(%!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#(N-7!T(&1O=6)L93L@5$58 M5"U!3$E'3CH@6QE/3-$)U1%6%0M M04Q)1TXZ(&QE9G0[(%!!1$1)3D6QE/3-$)U9%4E1)0T%,+4%,24=..B!B;W1T;VTG/B`\=&0@65A6QE M/3-$)U!!1$1)3D6QE/3-$)U=)1%1(.B`Q)2<^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%=)1%1(.B`Q)2<^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT.R!724142#H@ M,3(E)SXT+C6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[ M(%=)1%1(.B`Q)2<^)3PO=&0^(#QT9"!S='EL93TS1"=724142#H@,24G/B9N M8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!L969T.R!72414 M2#H@,24G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R M:6=H=#L@5TE$5$@Z(#$R)2<^-2XR-3PO=&0^(#QT9"!S='EL93TS1"=415A4 M+4%,24=..B!L969T.R!724142#H@,24G/B4\+W1D/B`\+W1R/B`\='(@6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXX M+C`P/"]T9#X@/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B4\+W1D M/B`\=&0^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE M9G0G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H M="<^."XP,#PO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!L969T)SXE M/"]T9#X@/"]T6QE/3-$)T)!0TM'4D]53D0M0T],3U(Z(')G M8B@R,#0L,C4U+#(P-"D[(%9%4E1)0T%,+4%,24=..B!B;W1T;VTG/B`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`\=&0@6QE/3-$)T)!0TM'4D]53D0M M0T],3U(Z('=H:71E.R!615)424-!3"U!3$E'3CH@8F]T=&]M)SX@/'1D('-T M>6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%=)1%1(.B`W,"4G/DEN=&5R97-T M(&-O6QE/3-$)U1%6%0M04Q)1TXZ M(&QE9G0[(%=)1%1(.B`Q)2<^)FYB6QE/3-$)U=) M1%1(.B`Q)2<^)FYB6QE/3-$)U1%6%0M04Q)1TXZ M(&QE9G0[(%=)1%1(.B`Q)2<^)FYB6QE/3-$)U1% M6%0M04Q)1TXZ(')I9VAT.R!724142#H@,3(E)SXS+#4T-3PO=&0^(#QT9"!S M='EL93TS1"=415A4+4%,24=..B!L969T.R!724142#H@,24G/B9N8G-P.SPO M=&0^(#PO='(^(#QT6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/D5X<&5C=&5D(')E='5R;B!O;B!A M6QE/3-$)U1%6%0M M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%, M24=..B!R:6=H="<^*#0L-C4P/"]T9#X@/'1D('-T>6QE/3-$)U1%6%0M04Q) M1TXZ(&QE9G0G/BD\+W1D/B`\=&0^)FYB6QE/3-$ M)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=4 M15A4+4%,24=..B!R:6=H="<^*#0L-S,X/"]T9#X@/'1D('-T>6QE/3-$)U1% M6%0M04Q)1TXZ(&QE9G0G/BD\+W1D/B`\+W1R/B`\='(@6QE/3-$)U1%6%0M04Q) M1TXZ(')I9VAT)SXQ+#0X,3PO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=. M.B!L969T)SXF;F)S<#L\+W1D/B`\=&0^)FYB6QE M/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS M1"=415A4+4%,24=..B!R:6=H="<^,2PP,S0\+W1D/B`\=&0@6QE M/3-$)T)!0TM'4D]53D0M0T],3U(Z(')G8B@R,#0L,C4U+#(P-"D[(%9%4E1) M0T%,+4%,24=..B!B;W1T;VTG/B`\=&0@6QE/3-$)T)/4D1%4BU"3U143TTZ M(&)L86-K(#%P="!S;VQI9#L@5$585"U!3$E'3CH@;&5F="<^("9N8G-P.SPO M=&0^(#QT9"!S='EL93TS1"="3U)$15(M0D]45$]-.B!B;&%C:R`Q<'0@6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S M;VQI9#L@5$585"U!3$E'3CH@;&5F="<^("9N8G-P.SPO=&0^(#QT9"!S='EL M93TS1"="3U)$15(M0D]45$]-.B!B;&%C:R`Q<'0@6QE/3-$)U!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L M86-K(#(N-7!T(&1O=6)L93L@5$585"U!3$E'3CH@;&5F="<^("0\+W1D/B`\ M=&0@6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#(N-7!T(&1O=6)L93L@5$58 M5"U!3$E'3CH@6QE/3-$)U1%6%0M M04Q)1TXZ(&QE9G0[(%!!1$1)3D6QE/3-$)TU!4D=)3CH@,'!T(#!P>#L@1D]. M5#H@,3!P="!4:6UEF5D(&]N('1H92!"86QA;F-E(%-H965T M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\(2TM1$]#5%E012!H M=&UL(%!50DQ)0R`B+2\O5S-#+R]$5$0@6$A434P@,2XP(%1R86YS:71I;VYA M;"\O14XB(")H='1P.B\O=W=W+G6QE/3-$)U9%4E1)0T%,+4%,24=..B!B;W1T;VTG/B`\ M=&0@6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@5$585"U! M3$E'3CH@6QE/3-$)U!!1$1)3D6QE/3-$)T)/ M4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@5$585"U!3$E'3CH@6QE/3-$ M)T)!0TM'4D]53D0M0T],3U(Z(')G8B@R,#0L,C4U+#(P-"D[(%9%4E1)0T%, M+4%,24=..B!B;W1T;VTG/B`\=&0@3PO=&0^ M(#QT9"!S='EL93TS1"=724142#H@,24G/B9N8G-P.SPO=&0^(#QT9"!S='EL M93TS1"=415A4+4%,24=..B!L969T.R!724142#H@,24G/B0\+W1D/B`\=&0@ M6QE/3-$)U=)1%1(.B`Q)2<^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%=)1%1(.B`Q)2<^ M)#PO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H=#L@5TE$5$@Z M(#$R)2<^*#$Y+#`X,CPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!L M969T.R!724142#H@,24G/BD\+W1D/B`\+W1R/B`\='(@6QE/3-$)U1%6%0M04Q) M1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=. M.B!R:6=H="<^,C6QE/3-$)U1%6%0M04Q)1TXZ M(&QE9G0G/B9N8G-P.SPO=&0^(#PO='(^(#QT6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%!!1$1) M3D"!A6QE/3-$)T)/4D1% M4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@5$585"U!3$E'3CH@6QE/3-$ M)U!!1$1)3D6QE/3-$)U1% M6%0M04Q)1TXZ(&QE9G0[(%!!1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#(N M-7!T(&1O=6)L93L@5$585"U!3$E'3CH@;&5F="<^("0\+W1D/B`\=&0@6QE/3-$)TU!4D=)3CH@,'!T(#!P M>#L@1D].5#H@,3!P="!4:6UE6QE/3-$)U9%4E1)0T%,+4%,24=..B!B;W1T;VTG/B`\=&0@6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@5$58 M5"U!3$E'3CH@6QE/3-$)U!!1$1)3D6QE/3-$ M)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@5$585"U!3$E'3CH@ M6QE M/3-$)T)!0TM'4D]53D0M0T],3U(Z(')G8B@R,#0L,C4U+#(P-"D[(%9%4E1) M0T%,+4%,24=..B!B;W1T;VTG/B`\=&0@6QE/3-$)T)!0TM'4D]5 M3D0M0T],3U(Z('=H:71E.R!615)424-!3"U!3$E'3CH@8F]T=&]M)SX@/'1D M('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%!!1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#(N-7!T(&1O=6)L M93L@5$585"U!3$E'3CH@;&5F="<^("9N8G-P.SPO=&0^(#QT9"!S='EL93TS M1"="3U)$15(M0D]45$]-.B!B;&%C:R`R+C5P="!D;W5B;&4[($9/3E0Z(#$P M<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE6QE/3-$)U1%6%0M04Q)1TXZ(&QE M9G0[(%!!1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#(N-7!T(&1O=6)L93L@ M5$585"U!3$E'3CH@;&5F="<^("9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=" M3U)$15(M0D]45$]-.B!B;&%C:R`R+C5P="!D;W5B;&4[($9/3E0Z(#$P<'0@ M5&EM97,@3F5W(%)O;6%N+"!4:6UE6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[ M(%!!1$1)3D&-E&AT;6PQ+71R86YS:71I;VYA;"YD M=&0B("TM/CQD:78^(#QD:78^/"$M+5-T87)T1G)A9VUE;G0M+3X@/'1A8FQE M('-T>6QE/3-$)U=)1%1(.B`Q,#`E.R!"3U)$15(M0T],3$%04T4Z(&-O;&QA M<'-E.R!&3TY4.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-E6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@5$585"U! M3$E'3CH@6QE/3-$)U!!1$1)3D6QE/3-$)T)/ M4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@5$585"U!3$E'3CH@6QE/3-$ M)T)!0TM'4D]53D0M0T],3U(Z(')G8B@R,#0L,C4U+#(P-"D[(%9%4E1)0T%, M+4%,24=..B!B;W1T;VTG/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B0\+W1D/B`\ M=&0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B0\ M+W1D/B`\=&0@6QE M/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%!!1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L M86-K(#(N-7!T(&1O=6)L93L@5$585"U!3$E'3CH@;&5F="<^("0\+W1D/B`\ M=&0@6QE/3-$)TU!4D=)3CH@ M,'!X)SXF;F)S<#L\+W`^(#PA+2U%;F1&'0^ M/"$M+41/0U194$4@:'1M;"!054),24,@(BTO+U&AT M;6PQ+T141"]X:'1M;#$M=')A;G-I=&EO;F%L+F1T9"(@+2T^/&1I=CX@/&1I M=CX\(2TM4W1A6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K M(#%P="!S;VQI9#L@1D].5"U35%E,13H@:71A;&EC)SX@4&5N6QE/3-$)T)/ M4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@5$585"U!3$E'3CH@6QE/3-$)U!!1$1)3D6QE/3-$)T)/4D1%4BU"3U14 M3TTZ(&)L86-K(#%P="!S;VQI9#L@5$585"U!3$E'3CH@6QE/3-$)T)!0TM'4D]5 M3D0M0T],3U(Z(')G8B@R,#0L,C4U+#(P-"D[(%9%4E1)0T%,+4%,24=..B!B M;W1T;VTG/B`\=&0@6QE/3-$)U=)1%1( M.B`Q)2<^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE M9G0[(%=)1%1(.B`Q)2<^)FYB6QE/3-$)U1%6%0M M04Q)1TXZ(')I9VAT.R!724142#H@,3(E)SXR-3PO=&0^(#QT9"!S='EL93TS M1"=415A4+4%,24=..B!L969T.R!724142#H@,24G/B4\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%=)1%1(.B`Q)2<^)3PO M=&0^(#PO='(^(#QT6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXV.3PO=&0^ M(#QT9"!S='EL93TS1"=415A4+4%,24=..B!L969T)SXE/"]T9#X@/'1D/B9N M8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!L969T)SXF;F)S M<#L\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B4\+W1D/B`\+W1R M/B`\='(@6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXU/"]T9#X@/'1D M('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B4\+W1D/B`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`Q<'0@6QE/3-$)T)!0TM'4D]53D0M0T], M3U(Z(')G8B@R,#0L,C4U+#(P-"D[(%9%4E1)0T%,+4%,24=..B!B;W1T;VTG M/B`\=&0@6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#(N-7!T(&1O=6)L93L@ M5$585"U!3$E'3CH@6QE/3-$)U!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#(N-7!T(&1O M=6)L93L@5$585"U!3$E'3CH@;&5F="<^("9N8G-P.SPO=&0^(#QT9"!S='EL M93TS1"="3U)$15(M0D]45$]-.B!B;&%C:R`R+C5P="!D;W5B;&4[(%1%6%0M M04Q)1TXZ(')I9VAT)SX@,3`P/"]T9#X@/'1D('-T>6QE/3-$)U1%6%0M04Q) M1TXZ(&QE9G0[(%!!1$1)3D6QE/3-$)U1%6%0M04Q)1TXZ(&IU#L@1D].5#H@,3!P="!4:6UE'0^/"$M+41/0U194$4@:'1M;"!054),24,@(BTO+U&AT;6PQ+T141"]X:'1M;#$M=')A;G-I=&EO;F%L+F1T9"(@+2T^ M/&1I=CX@/&1I=CX\(2TM4W1A6QE/3-$)U9%4E1)0T%,+4%,24=..B!B;W1T;VTG/B`\=&0@6QE/3-$)U!!1$1)3D6QE M/3-$)U!!1$1)3D6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO M=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H="<^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^ M(#PO='(^(#QT6QE/3-$)U1%6%0M M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%, M24=..B!R:6=H="<^)FYB6QE/3-$)U1%6%0M04Q) M1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9#XF;F)S<#L\+W1D/B`\=&0@6QE M/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXF;F)S<#L\+W1D/B`\=&0@6QE/3-$)T)!0TM'4D]53D0M0T],3U(Z(')G8B@R,#0L,C4U+#(P-"D[(%9% M4E1)0T%,+4%,24=..B!B;W1T;VTG/B`\=&0@2!F=6YD6QE M/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%=)1%1(.B`Q)2<^)FYB6QE/3-$)U=)1%1(.B`Q)2<^)FYB6QE M/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%=)1%1(.B`Q)2<^)#PO=&0^(#QT9"!S M='EL93TS1"=415A4+4%,24=..B!R:6=H=#L@5TE$5$@Z(#$R)2<^-BPW-#(\ M+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^ M(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H="<^,3@L-C(V/"]T9#X@ M/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT M9#XF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXQ M-BPP,S<\+W1D/B`\=&0@6QE/3-$)T)!0TM'4D]53D0M0T],3U(Z M(')G8B@R,#0L,C4U+#(P-"D[(%9%4E1)0T%,+4%,24=..B!B;W1T;VTG/B`\ M=&0@2!F=6YD6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXU+#@T M.#PO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!L969T)SXF;F)S<#L\ M+W1D/B`\=&0^)FYB6QE/3-$)U1%6%0M04Q)1TXZ M(&QE9G0G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R M:6=H="<^-2PR,S8\+W1D/B`\=&0@6QE/3-$)T)!0TM'4D]53D0M M0T],3U(Z('=H:71E.R!615)424-!3"U!3$E'3CH@8F]T=&]M)SX@/'1D('-T M>6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%1%6%0M24Y$14Y4.B`Q.2XS-7!T M)SY);G1E2!F=6YD6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXQ,RPP.#,\+W1D M/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N M8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H="<^,RPV M-#`\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE M9G0G/B9N8G-P.SPO=&0^(#PO='(^(#QT6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^ M(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H="<^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT M9#XF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXF M;F)S<#L\+W1D/B`\=&0@6QE/3-$)T)!0TM'4D]53D0M0T],3U(Z M(')G8B@R,#0L,C4U+#(P-"D[(%9%4E1)0T%,+4%,24=..B!B;W1T;VTG/B`\ M=&0@6QE/3-$)U1%6%0M04Q) M1TXZ(')I9VAT)SXQ-BPU,3`\+W1D/B`\=&0@6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@5$58 M5"U!3$E'3CH@;&5F="<^("9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"="3U)$ M15(M0D]45$]-.B!B;&%C:R`Q<'0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%!! M1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ M(&)L86-K(#%P="!S;VQI9#L@5$585"U!3$E'3CH@6QE/3-$)T)!0TM' M4D]53D0M0T],3U(Z(')G8B@R,#0L,C4U+#(P-"D[(%9%4E1)0T%,+4%,24=. M.B!B;W1T;VTG/B`\=&0@6QE M/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%!!1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L M86-K(#(N-7!T(&1O=6)L93L@5$585"U!3$E'3CH@;&5F="<^("0\+W1D/B`\ M=&0@6QE/3-$)U1%6%0M04Q) M1TXZ(&IU#L@1D].5#H@,3!P="!4:6UE M7!E.B!T97AT+VAT;6P[(&-H87)S M970](G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@ M:'1T<"UE<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M M;#L@8VAA'!E M;G-E6QE/3-$)U9%4E1)0T%, M+4%,24=..B!B;W1T;VTG/B`\=&0@6QE/3-$)U!!1$1)3D6QE/3-$)T)/ M4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@5$585"U!3$E'3CH@6QE/3-$ M)U9%4E1)0T%,+4%,24=..B!B;W1T;VTG/B`\=&0^)FYB6QE M/3-$)U1%6%0M04Q)1TXZ(')I9VAT.R!724142#H@,3(E)SXH,C<\+W1D/B`\ M=&0@6QE/3-$)U=)1%1(.B`Q)2<^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%=)1%1(.B`Q)2<^)#PO=&0^(#QT M9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H=#L@5TE$5$@Z(#$R)2<^*#@S M/"]T9#X@/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%=)1%1(.B`Q M)2<^*3PO=&0^(#QT9"!S='EL93TS1"=724142#H@,24G/B9N8G-P.SPO=&0^ M(#QT9"!S='EL93TS1"=415A4+4%,24=..B!L969T.R!724142#H@,24G/B0\ M+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%=) M1%1(.B`Q)2<^)FYB6QE/3-$)T)!0TM' M4D]53D0M0T],3U(Z('=H:71E.R!615)424-!3"U!3$E'3CH@8F]T=&]M)SX@ M/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%!!1$1)3D6QE/3-$)T)/4D1%4BU"3U14 M3TTZ(&)L86-K(#%P="!S;VQI9#L@5$585"U!3$E'3CH@;&5F="<^("9N8G-P M.SPO=&0^(#QT9"!S='EL93TS1"="3U)$15(M0D]45$]-.B!B;&%C:R`Q<'0@ M6QE M/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@5$58 M5"U!3$E'3CH@6QE/3-$)U1%6%0M M04Q)1TXZ(&QE9G0[(%!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@5$58 M5"U!3$E'3CH@;&5F="<^("9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"="3U)$ M15(M0D]45$]-.B!B;&%C:R`Q<'0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%!! M1$1)3D6QE/3-$)U1%6%0M04Q)1TXZ M(&QE9G0[(%!!1$1)3D6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%!!1$1) M3D6QE/3-$)U!! M1$1)3D6QE/3-$ M)T)/4D1%4BU"3U143TTZ(&)L86-K(#(N-7!T(&1O=6)L93L@5$585"U!3$E' M3CH@;&5F="<^("0\+W1D/B`\=&0@6QE/3-$)U!!1$1)3D6QE/3-$)T)/4D1%4BU" M3U143TTZ(&)L86-K(#(N-7!T(&1O=6)L93L@5$585"U!3$E'3CH@;&5F="<^ M("0\+W1D/B`\=&0@6QE/3-$)U1% M6%0M04Q)1TXZ(&IU#L@1D].5#H@,3!P M="!4:6UE7!E.B!T97AT+VAT;6P[ M(&-H87)S970](G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@("`@ M/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E M>'0O:'1M;#L@8VAA&5S(%M!8G-T"!0&AT;6PQ+71R86YS:71I;VYA;"YD=&0B("TM/CQD:78^ M(#QD:78^/"$M+5-T87)T1G)A9VUE;G0M+3X@/'1A8FQE('-T>6QE/3-$)U=) M1%1(.B`Q,#`E.R!"3U)$15(M0T],3$%04T4Z(&-O;&QA<'-E.R!&3TY4.B`Q M,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-E6QE/3-$)U!! M1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@ M5$585"U!3$E'3CH@6QE/3-$)U!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI M9#L@5$585"U!3$E'3CH@6QE/3-$)U!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S M;VQI9#L@5$585"U!3$E'3CH@6QE/3-$)U!!1$1)3D6QE M/3-$)U=)1%1(.B`Q)2<^)FYB6QE/3-$)U1%6%0M M04Q)1TXZ(&QE9G0[(%=)1%1(.B`Q)2<^)#PO=&0^(#QT9"!S='EL93TS1"=4 M15A4+4%,24=..B!R:6=H=#L@5TE$5$@Z(#DE)SXS-"PY-#$\+W1D/B`\=&0@ M6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT.R!724142#H@.24G/B@S M,C<\+W1D/B`\=&0@6QE/3-$)U=)1%1(.B`Q)2<^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%=)1%1(.B`Q)2<^ M)#PO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H=#L@5TE$5$@Z M(#DE)SXQ,2PS-S$\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ M(')I9VAT.R!724142#H@.24G/C6QE/3-$)U1% M6%0M04Q)1TXZ(&QE9G0[(%=)1%1(.B`Q)2<^)FYB6QE/3-$)U=)1%1(.B`Q)2<^)FYB6QE/3-$)U1% M6%0M04Q)1TXZ(&QE9G0[(%=)1%1(.B`Q)2<^)#PO=&0^(#QT9"!S='EL93TS M1"=415A4+4%,24=..B!R:6=H=#L@5TE$5$@Z(#DE)SXQ,2PV-S4\+W1D/B`\ M=&0@6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT.R!724142#H@.24G M/C$L,3$R/"]T9#X@/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%=) M1%1(.B`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`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%!!1$1)3D6QE/3-$)U!!1$1) M3D6QE/3-$)T)/ M4D1%4BU"3U143TTZ(&)L86-K(#(N-7!T(&1O=6)L93L@5$585"U!3$E'3CH@ M;&5F="<^("0\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%!!1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ M(&)L86-K(#(N-7!T(&1O=6)L93L@5$585"U!3$E'3CH@;&5F="<^("0\+W1D M/B`\=&0@6QE M/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%!!1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L M86-K(#(N-7!T(&1O=6)L93L@5$585"U!3$E'3CH@;&5F="<^("0\+W1D/B`\ M=&0@6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#(N-7!T(&1O=6)L93L@ M5$585"U!3$E'3CH@6QE/3-$)U1%6%0M04Q)1TXZ M(&IU#L@1D].5#H@,3!P="!4:6UE'0^/"$M+41/0U194$4@:'1M;"!054),24,@(BTO M+U&AT;6PQ+T141"]X:'1M;#$M=')A;G-I=&EO;F%L M+F1T9"(@+2T^/&1I=CX@/&1I=CX\(2TM4W1A6QE/3-$)U9%4E1)0T%,+4%,24=..B!B;W1T;VTG/B`\ M=&0@6QE/3-$)U!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K M(#%P="!S;VQI9#L@5$585"U!3$E'3CH@6QE/3-$)T)!0TM'4D]53D0M0T],3U(Z M(')G8B@R,#0L,C4U+#(P-"D[(%9%4E1)0T%,+4%,24=..B!B;W1T;VTG/B`\ M=&0@"!B96YE9FET/"]T M9#X@/'1D/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!L M969T)SXF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1%6%0M M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%, M24=..B!R:6=H="<^-"XS/"]T9#X@/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ M(&QE9G0G/B9N8G-P.SPO=&0^(#QT9#XF;F)S<#L\+W1D/B`\=&0@6QE/3-$ M)U1%6%0M04Q)1TXZ(')I9VAT)SXT+C8\+W1D/B`\=&0@6QE/3-$ M)T)!0TM'4D]53D0M0T],3U(Z(')G8B@R,#0L,C4U+#(P-"D[(%9%4E1)0T%, M+4%,24=..B!B;W1T;VTG/B`\=&0@6QE/3-$)U1%6%0M04Q) M1TXZ(')I9VAT)SXH,2XX/"]T9#X@/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ M(&QE9G0G/BD\+W1D/B`\=&0^)FYB6QE/3-$)U1% M6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4 M+4%,24=..B!R:6=H="<^*#(N-SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%, M24=..B!L969T)SXI/"]T9#X@/"]T6QE/3-$)T)!0TM'4D]5 M3D0M0T],3U(Z('=H:71E.R!615)424-!3"U!3$E'3CH@8F]T=&]M)SX@/'1D M('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%!!1$1)3D6QE/3-$)T)/4D1%4BU" M3U143TTZ(&)L86-K(#%P="!S;VQI9#L@5$585"U!3$E'3CH@;&5F="<^("9N M8G-P.SPO=&0^(#QT9"!S='EL93TS1"="3U)$15(M0D]45$]-.B!B;&%C:R`Q M<'0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@ M5$585"U!3$E'3CH@6QE/3-$)U1% M6%0M04Q)1TXZ(&QE9G0[(%!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@ M5$585"U!3$E'3CH@;&5F="<^("9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=" M3U)$15(M0D]45$]-.B!B;&%C:R`Q<'0@6QE M/3-$)T)!0TM'4D]53D0M0T],3U(Z(')G8B@R,#0L,C4U+#(P-"D[(%9%4E1) M0T%,+4%,24=..B!B;W1T;VTG/B`\=&0@6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#(N M-7!T(&1O=6)L93L@5$585"U!3$E'3CH@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%!!1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K M(#(N-7!T(&1O=6)L93L@5$585"U!3$E'3CH@;&5F="<^("9N8G-P.SPO=&0^ M(#QT9"!S='EL93TS1"="3U)$15(M0D]45$]-.B!B;&%C:R`R+C5P="!D;W5B M;&4[(%1%6%0M04Q)1TXZ(')I9VAT)SX@,S8N,#PO=&0^(#QT9"!S='EL93TS M1"=415A4+4%,24=..B!L969T.R!0041$24Y'+4)/5%1/33H@,BXU<'0G/B4\ M+W1D/B`\+W1R/B`\+W1A8FQE/B`\<"!S='EL93TS1"=-05)'24XZ(#!P="`P M<'@[($9/3E0Z(#$P<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE"!!6QE/3-$)U9%4E1)0T%,+4%,24=..B!B;W1T;VTG M/B`\=&0@6QE/3-$)U!!1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[($9/3E0M5T5)1TA4.B!B;VQD)SY$ M969E6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U=)1%1(.B`Q)2<^ M)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%=) M1%1(.B`Q)2<^)#PO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H M=#L@5TE$5$@Z(#DE)SXS.3$\+W1D/B`\=&0@6QE/3-$)U1%6%0M M04Q)1TXZ(')I9VAT.R!724142#H@.24G/C8T-CPO=&0^(#QT9"!S='EL93TS M1"=415A4+4%,24=..B!L969T.R!724142#H@,24G/B9N8G-P.SPO=&0^(#PO M='(^(#QT6QE/3-$ M)U1%6%0M04Q)1TXZ(&QE9G0[(%!!1$1)3D6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT M9#XF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXS M+#,W-#PO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!L969T)SXF;F)S M<#L\+W1D/B`\+W1R/B`\='(@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G M/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H="<^ M,2PQ,C,\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ M(&QE9G0G/B9N8G-P.SPO=&0^(#PO='(^(#QT6QE/3-$)U!!1$1)3D6QE/3-$)U1%6%0M M04Q)1TXZ(')I9VAT)SXV.#@\+W1D/B`\=&0@3PO=&0^(#QT9#XF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q) M1TXZ(')I9VAT)SXQ-RPS.38\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO M=&0^(#QT9#XF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(')I M9VAT)SXQ+#`X.3PO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!L969T M)SXF;F)S<#L\+W1D/B`\+W1R/B`\='(@6QE/3-$)U!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI M9#L@5$585"U!3$E'3CH@;&5F="<^("9N8G-P.SPO=&0^(#QT9"!S='EL93TS M1"="3U)$15(M0D]45$]-.B!B;&%C:R`Q<'0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE M9G0[(%!!1$1)3D6QE/3-$)U1%6%0M M04Q)1TXZ(&QE9G0[(%!!1$1)3D"!A6QE/3-$)T)/4D1%4BU"3U14 M3TTZ(&)L86-K(#%P="!S;VQI9#L@5$585"U!3$E'3CH@;&5F="<^("9N8G-P M.SPO=&0^(#QT9"!S='EL93TS1"="3U)$15(M0D]45$]-.B!B;&%C:R`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`\=&0@6QE/3-$)T)!0TM'4D]53D0M0T],3U(Z('=H:71E.R!615)424-!3"U!3$E' M3CH@8F]T=&]M)SX@/'1D('-T>6QE/3-$)U!!1$1)3D6QE/3-$ M)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=4 M15A4+4%,24=..B!R:6=H="<^."PP-CD\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#PO='(^(#QT M6QE/3-$)U!!1$1) M3D6QE/3-$ M)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@5$585"U!3$E'3CH@ M6QE M/3-$)U!!1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@5$58 M5"U!3$E'3CH@;&5F="<^("9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"="3U)$ M15(M0D]45$]-.B!B;&%C:R`Q<'0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[ M(%!!1$1)3D6QE/3-$)U1%6%0M04Q) M1TXZ(&QE9G0[(%!!1$1)3D"!A'0O:F%V87-C M3X-"B`@("`\=&%B;&4@ M8VQA'0^/"$M+41/0U194$4@:'1M;"!054),24,@(BTO+U&AT;6PQ+T141"]X:'1M;#$M=')A;G-I=&EO;F%L+F1T9"(@ M+2T^/&1I=CX@/&1I=CX\(2TM4W1A6QE/3-$)U=)1%1(.B`Q,#`E.R!"3U)$15(M0T],3$%0 M4T4Z(&-O;&QA<'-E.R!&3TY4.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM M97,L(%-E6QE/3-$)U!!1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$ M)U1%6%0M04Q)1TXZ(')I9VAT)R!C;VQS<&%N/3-$,CXF;F)S<#L\+W1D/B`\ M=&0^)FYB6QE/3-$)U1%6%0M24Y$14Y4.B`M M,"XQ:6X[(%!!1$1)3D6QE/3-$)U1%6%0M M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%, M24=..B!R:6=H="<^)FYB6QE/3-$)U1%6%0M04Q) M1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9#XF;F)S<#L\+W1D/B`\=&0@6QE M/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXF;F)S<#L\+W1D/B`\=&0@6QE/3-$)T)!0TM'4D]53D0M0T],3U(Z('=H:71E.R!615)424-!3"U!3$E' M3CH@8F]T=&]M)SX@/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%1% M6%0M24Y$14Y4.B`M,"XQ:6X[(%!!1$1)3D6QE/3-$)U1% M6%0M04Q)1TXZ(&QE9G0[(%=)1%1(.B`Q)2<^)FYB6QE/3-$)U=)1%1(.B`Q)2<^)FYB6QE/3-$)U1% M6%0M04Q)1TXZ(&QE9G0[(%=)1%1(.B`Q)2<^)#PO=&0^(#QT9"!S='EL93TS M1"=415A4+4%,24=..B!R:6=H=#L@5TE$5$@Z(#DE)SXT,"PP,34\+W1D/B`\ M=&0@6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT.R!724142#H@.24G M/C(X+#(U-3PO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!L969T.R!7 M24142#H@,24G/B9N8G-P.SPO=&0^(#PO='(^(#QT6QE/3-$)U1%6%0M24Y$14Y4.B`M,"XQ:6X[ M(%!!1$1)3D6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N M8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H="<^)FYB M6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P M.SPO=&0^(#QT9#XF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ M(')I9VAT)SXF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXQ.2PQ M-C`L.#0Y/"]T9#X@/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N M8G-P.SPO=&0^(#QT9#XF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q) M1TXZ(')I9VAT)SXQ."PY,3DL-#@Y/"]T9#X@/'1D('-T>6QE/3-$)U1%6%0M M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9#XF;F)S<#L\+W1D/B`\=&0@ M6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXQ.2PP,S(L-34W/"]T9#X@/'1D M('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#PO='(^ M(#QT6QE/3-$)U1% M6%0M04Q)1TXZ(&QE9G0[(%!!1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)T)!0TM'4D]53D0M0T],3U(Z('=H M:71E.R!615)424-!3"U!3$E'3CH@8F]T=&]M)SX@/'1D('-T>6QE/3-$)U!! M1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#(N-7!T(&1O=6)L M93L@5$585"U!3$E'3CH@;&5F="<^("9N8G-P.SPO=&0^(#QT9"!S='EL93TS M1"="3U)$15(M0D]45$]-.B!B;&%C:R`R+C5P="!D;W5B;&4[(%1%6%0M04Q) M1TXZ(')I9VAT)SX@,3DL-C,U+#(T,3PO=&0^(#QT9"!S='EL93TS1"=415A4 M+4%,24=..B!L969T.R!0041$24Y'+4)/5%1/33H@,BXU<'0G/B9N8G-P.SPO M=&0^(#QT9"!S='EL93TS1"=0041$24Y'+4)/5%1/33H@,BXU<'0G/B9N8G-P M.SPO=&0^(#QT9"!S='EL93TS1"="3U)$15(M0D]45$]-.B!B;&%C:R`R+C5P M="!D;W5B;&4[(%1%6%0M04Q)1TXZ(&QE9G0G/B`F;F)S<#L\+W1D/B`\=&0@ M6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#(N-7!T(&1O M=6)L93L@5$585"U!3$E'3CH@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%!!1$1)3D3L@34%21TE..B`P<'0@,'!X.R!&3TY4.B`Q M,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-E'0O M:F%V87-C3X-"B`@("`\ M=&%B;&4@8VQA'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@ M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0^/"$M+41/0U194$4@:'1M;"!054),24,@(BTO+U&AT;6PQ+T141"]X:'1M;#$M=')A;G-I=&EO;F%L+F1T9"(@+2T^/&1I=CX@ M/&1I=CX\(2TM4W1A6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L M86-K(#%P="!S;VQI9"<^4&5R:6]D/"]T9#X@/'1D('-T>6QE/3-$)U!!1$1) M3D6QE/3-$)U!!1$1) M3D6QE/3-$)T)/4D1%4BU"3U143TTZ M(&)L86-K(#%P="!S;VQI9#L@5$585"U!3$E'3CH@8V5N=&5R)R!C;VQS<&%N M/3-$,CY4;W1A;#QB6QE/3-$ M)U!!1$1)3D&EM=6T\8G(@+SX@1&]L;&%R(%9A M;'5E/&)R("\^(&]F(%-H87)E2!9970@0F4\8G(@ M+SX@4'5R8VAA6QE/3-$)U!!1$1)3D6QE/3-$)U=)1%1(.B`U,B4G/C@O,R\Q,"TX+S,Q+S$P/"]T9#X@/'1D('-T M>6QE/3-$)U=)1%1(.B`Q)2<^)FYB6QE/3-$)U1% M6%0M04Q)1TXZ(&QE9G0[(%=)1%1(.B`Q)2<^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT.R!724142#H@.24G/C,S.2PP,#`\ M+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT.R!72414 M2#H@.24G/C$T+C`X/"]T9#X@/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&QE M9G0[(%=)1%1(.B`Q)2<^)FYB6QE/3-$)U=)1%1( M.B`Q)2<^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE M9G0[(%=)1%1(.B`Q)2<^)FYB6QE/3-$)U1%6%0M M04Q)1TXZ(')I9VAT.R!724142#H@.24G/C,S.2PP,#`\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%=) M1%1(.B`Q)2<^)FYB6QE/3-$)T)!0TM' M4D]53D0M0T],3U(Z('=H:71E.R!615)424-!3"U!3$E'3CH@8F]T=&]M)SX@ M/'1D/CDO,2\Q,"TY+S(R+S$P/"]T9#X@/'1D/B9N8G-P.SPO=&0^(#QT9"!S M='EL93TS1"=415A4+4%,24=..B!L969T)SXF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B0\+W1D/B`\ M=&0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9#XF M;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXW,RPP M,#`\+W1D/B`\=&0@6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI M9#L@5$585"U!3$E'3CH@6QE M/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%!!1$1)3D6QE M/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@5$585"U!3$E' M3CH@6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@5$58 M5"U!3$E'3CH@;&5F="<^("9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"="3U)$ M15(M0D]45$]-.B!B;&%C:R`Q<'0@6QE M/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@5$585"U!3$E' M3CH@;&5F="<^("9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"="3U)$15(M0D]4 M5$]-.B!B;&%C:R`Q<'0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%!!1$1) M3D6QE/3-$)U!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K M(#(N-7!T(&1O=6)L93L@5$585"U!3$E'3CH@;&5F="<^("9N8G-P.SPO=&0^ M(#QT9"!S='EL93TS1"="3U)$15(M0D]45$]-.B!B;&%C:R`R+C5P="!D;W5B M;&4[(%1%6%0M04Q)1TXZ(')I9VAT)SX@-30U+#0P,#PO=&0^(#QT9"!S='EL M93TS1"=415A4+4%,24=..B!L969T.R!0041$24Y'+4)/5%1/33H@,BXU<'0G M/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=0041$24Y'+4)/5%1/33H@,BXU M<'0G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"="3U)$15(M0D]45$]-.B!B M;&%C:R`R+C5P="!D;W5B;&4[(%1%6%0M04Q)1TXZ(&QE9G0G/B`D/"]T9#X@ M/'1D('-T>6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#(N-7!T(&1O=6)L M93L@5$585"U!3$E'3CH@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%!!1$1)3D3L@34%21TE..B`P<'0@,'!X.R!&3TY4.B`Q,'!T M(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-E3X-"CPO M:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R=%\V-6$X,65C-%\R8S,V7S1E-V)? M.34V-U\U.#0V9F0U-#-E-6(-"D-O;G1E;G0M3&]C871I;VXZ(&9I;&4Z+R\O M0SHO-C5A.#%E8S1?,F,S-E\T93=B7SDU-C=?-3@T-F9D-30S935B+U=O'0O:'1M;#L@ M8VAA'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@ M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$&AT;6PQ+71R86YS:71I;VYA;"YD M=&0B("TM/CQD:78^(#QD:78^/"$M+5-T87)T1G)A9VUE;G0M+3X@/'1A8FQE M('-T>6QE/3-$)U=)1%1(.B`Y,"4[($)/4D1%4BU#3TQ,05!313H@8V]L;&%P M6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K M(#%P="!S;VQI9#L@5$585"U!3$E'3CH@6QE/3-$)T)!0TM'4D]53D0M0T],3U(Z M(')G8B@R,#0L,C4U+#(P-"D[(%9%4E1)0T%,+4%,24=..B!B;W1T;VTG/B`\ M=&0@6EE;&0\+W1D/B`\=&0@'!E8W1E9"!V;VQA=&EL:71Y/"]T9#X@/'1D/B9N8G-P.SPO=&0^ M(#QT9"!S='EL93TS1"=415A4+4%,24=..B!L969T)SXF;F)S<#L\+W1D/B`\ M=&0@6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXT,"XP/"]T9#X@ M/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B4\+W1D/B`\+W1R/B`\ M='(@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G M/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H="<^ M-"XP/"]T9#X@/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B4\+W1D M/B`\=&0^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE M9G0G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H M="<^-"XP/"]T9#X@/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B4\ M+W1D/B`\+W1R/B`\='(@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO M=&0^(#QT9"!S='EL93TS1"=&3TY4.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@ M5&EM97,L(%-E6QE/3-$)U1%6%0M04Q)1TXZ(&QE M9G0G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=&3TY4.B`Q,'!T(%1I;65S M($YE=R!2;VUA;BP@5&EM97,L(%-E3PO=&0^#0H@("`@("`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`\=&0@6QE/3-$)U1%6%0M M04Q)1TXZ(')I9VAT.R!724142#H@,3`E)SXT+C$S/"]T9#X@/'1D('-T>6QE M/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%=)1%1(.B`Q)2<^)FYB6QE/3-$)U=)1%1(.B`Q)2<^)FYB6QE M/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%=)1%1(.B`Q)2<^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT.R!724142#H@,3`E)SXW M+C$\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N M8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H="<^-#`L M,#`P/"]T9#X@/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P M.SPO=&0^(#QT9#XF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ M(')I9VAT)SXY+C

6QE/3-$)U1%6%0M04Q)1TXZ(&QE M9G0G/B9N8G-P.SPO=&0^(#QT9#XF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1% M6%0M04Q)1TXZ(')I9VAT)SXT+C@P/"]T9#X@/'1D('-T>6QE/3-$)U1%6%0M M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9#XF;F)S<#L\+W1D/B`\=&0@ M6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXY+C`\+W1D/B`\=&0@6QE/3-$)T)!0TM'4D]53D0M0T],3U(Z(')G8B@R,#0L,C4U+#(P-"D[(%9% M4E1)0T%,+4%,24=..B!B;W1T;VTG/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXH,S8V+#`P,#PO=&0^(#QT9"!S M='EL93TS1"=415A4+4%,24=..B!L969T)SXI/"]T9#X@/'1D/B9N8G-P.SPO M=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!L969T)SXF;F)S<#L\+W1D M/B`\=&0@6QE/3-$)U!!1$1)3D6QE/3-$)U!!1$1)3D6QE M/3-$)U!!1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)T)!0TM'4D]53D0M0T], M3U(Z(')G8B@R,#0L,C4U+#(P-"D[(%9%4E1)0T%,+4%,24=..B!B;W1T;VTG M/B`\=&0^3W5T6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G M/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H="<^ M,2PQ-S(L,34P/"]T9#X@/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G M/B9N8G-P.SPO=&0^(#QT9#XF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1%6%0M M04Q)1TXZ(')I9VAT)SXY+C,P/"]T9#X@/'1D('-T>6QE/3-$)U1%6%0M04Q) M1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9#XF;F)S<#L\+W1D/B`\=&0@6QE M/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXT+C0V/"]T9#X@/'1D('-T>6QE/3-$ M)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9#XF;F)S<#L\+W1D M/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXV+C<\+W1D/B`\=&0@ M6QE/3-$)T)!0TM'4D]53D0M0T],3U(Z('=H:71E.R!615)424-! M3"U!3$E'3CH@8F]T=&]M)SX@/'1D('-T>6QE/3-$)U!!1$1)3D6QE/3-$)T)!0TM'4D]53D0M0T],3U(Z(')G8B@R,#0L,C4U M+#(P-"D[(%9%4E1)0T%,+4%,24=..B!B;W1T;VTG/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXH.#0S+#0U,#PO M=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!L969T)SXI/"]T9#X@/'1D M/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!L969T)SXF M;F)S<#L\+W1D/B`\=&0@6QE/3-$)U!!1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$ M)U!!1$1)3D6QE/3-$)T)!0TM' M4D]53D0M0T],3U(Z(')G8B@R,#0L,C4U+#(P-"D[(%9%4E1)0T%,+4%,24=. M.B!B;W1T;VTG/B`\=&0^3W5T6QE/3-$)U1%6%0M04Q) M1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=. M.B!R:6=H="<^,S(X+#6QE M/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS M1"=415A4+4%,24=..B!R:6=H="<^."XU.#PO=&0^(#QT9"!S='EL93TS1"=4 M15A4+4%,24=..B!L969T)SXF;F)S<#L\+W1D/B`\=&0^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT M9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H="<^-"XT,CPO=&0^(#QT9"!S M='EL93TS1"=415A4+4%,24=..B!L969T)SXF;F)S<#L\+W1D/B`\=&0^)FYB M6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P M.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H="<^-BXR/"]T M9#X@/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^ M(#PO='(^(#QT6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXY+#@S,#PO=&0^(#QT9"!S='EL M93TS1"=415A4+4%,24=..B!L969T)SXF;F)S<#L\+W1D/B`\=&0^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO M=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H="<^."XU.3PO=&0^ M(#QT9"!S='EL93TS1"=415A4+4%,24=..B!L969T)SXF;F)S<#L\+W1D/B`\ M=&0^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G M/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H="<^ M,S(N-3<\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q) M1TXZ(&QE9G0G/BD\+W1D/B`\=&0^)FYB6QE/3-$ M)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=4 M15A4+4%,24=..B!R:6=H="<^-RXY,CPO=&0^(#QT9"!S='EL93TS1"=415A4 M+4%,24=..B!L969T)SXF;F)S<#L\+W1D/B`\=&0^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9"!S M='EL93TS1"=415A4+4%,24=..B!R:6=H="<^-"XT,#PO=&0^(#QT9"!S='EL M93TS1"=415A4+4%,24=..B!L969T)SXF;F)S<#L\+W1D/B`\=&0^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO M=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H="<^-"XX/"]T9#X@ M/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#PO M='(^(#QT6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@ M5$585"U!3$E'3CH@;&5F="<^("9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=" M3U)$15(M0D]45$]-.B!B;&%C:R`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`Q<'0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P M="!S;VQI9#L@5$585"U!3$E'3CH@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@ M5$585"U!3$E'3CH@6QE/3-$)U1% M6%0M04Q)1TXZ(&QE9G0[(%!!1$1)3D6QE M/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@5$585"U!3$E' M3CH@6QE/3-$)T)!0TM'4D]53D0M0T],3U(Z(')G8B@R,#0L,C4U+#(P M-"D[(%9%4E1)0T%,+4%,24=..B!B;W1T;VTG/B`\=&0@6QE/3-$)T)/4D1%4BU" M3U143TTZ(&)L86-K(#(N-7!T(&1O=6)L93L@5$585"U!3$E'3CH@6QE/3-$)T)/4D1%4BU"3U143TTZ M(&)L86-K(#(N-7!T(&1O=6)L93L@5$585"U!3$E'3CH@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%!!1$1)3D6QE/3-$)U!!1$1) M3D6QE/3-$)T)/ M4D1%4BU"3U143TTZ(&)L86-K(#(N-7!T(&1O=6)L93L@5$585"U!3$E'3CH@ M;&5F="<^("9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"="3U)$15(M0D]45$]- M.B!B;&%C:R`R+C5P="!D;W5B;&4[(%1%6%0M04Q)1TXZ(')I9VAT)SX@-2XV M/"]T9#X@/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%!!1$1)3D3L@34%21TE..B`P<'0@,'!X M.R!&3TY4.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-E3X-"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R=%\V-6$X,65C M-%\R8S,V7S1E-V)?.34V-U\U.#0V9F0U-#-E-6(-"D-O;G1E;G0M3&]C871I M;VXZ(&9I;&4Z+R\O0SHO-C5A.#%E8S1?,F,S-E\T93=B7SDU-C=?-3@T-F9D M-30S935B+U=O'0O:'1M;#L@8VAA6QE/3-$)U!!1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT M9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H="<^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9#XF M;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXF;F)S M<#L\+W1D/B`\=&0@6QE/3-$)U=)1%1(.B`Q)2<^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%=)1%1(.B`Q)2<^)#PO M=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H=#L@5TE$5$@Z(#$P M)2<^-#@T+#DS,SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!L969T M.R!724142#H@,24G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=724142#H@ M,24G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!L969T M.R!724142#H@,24G/B0\+W1D/B`\=&0@6QE M/3-$)U1%6%0M04Q)1TXZ(')I9VAT.R!724142#H@,3`E)SXR-3$L-C@P/"]T M9#X@/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%=)1%1(.B`Q)2<^ M)FYB6QE/3-$)T)!0TM'4D]53D0M0T], M3U(Z(')G8B@R,#0L,C4U+#(P-"D[(%9%4E1)0T%,+4%,24=..B!B;W1T;VTG M/B`\=&0@6QE/3-$)U1% M6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4 M+4%,24=..B!R:6=H="<^)FYB6QE/3-$)U1%6%0M M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9#XF;F)S<#L\+W1D/B`\=&0@ M6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXF;F)S<#L\+W1D/B`\=&0@6QE/3-$)T)!0TM'4D]53D0M0T],3U(Z('=H:71E.R!615)424-!3"U! M3$E'3CH@8F]T=&]M)SX@/'1D('-T>6QE/3-$)U!!1$1)3D6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9"!S='EL M93TS1"=415A4+4%,24=..B!R:6=H="<^-BPX.3$\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT M9#XF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXS M+#4R-CPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!L969T)SXF;F)S M<#L\+W1D/B`\+W1R/B`\='(@6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L M86-K(#%P="!S;VQI9#L@5$585"U!3$E'3CH@6QE/3-$)U!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L M86-K(#%P="!S;VQI9#L@5$585"U!3$E'3CH@;&5F="<^("9N8G-P.SPO=&0^ M(#QT9"!S='EL93TS1"="3U)$15(M0D]45$]-.B!B;&%C:R`Q<'0@6QE/3-$ M)U1%6%0M04Q)1TXZ(&QE9G0[(%!!1$1)3D6QE/3-$)U1%6%0M04Q)1TXZ(&QE M9G0G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H M="<^,S,L,S4S/"]T9#X@/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G M/B9N8G-P.SPO=&0^(#QT9#XF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1%6%0M M04Q)1TXZ(')I9VAT)SXR,BPW,S@\+W1D/B`\=&0@6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@5$585"U! M3$E'3CH@6QE/3-$)U1%6%0M M04Q)1TXZ(&QE9G0[(%!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@5$58 M5"U!3$E'3CH@;&5F="<^("9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"="3U)$ M15(M0D]45$]-.B!B;&%C:R`Q<'0@6QE/3-$)U!! M1$1)3D6QE/3-$ M)T)/4D1%4BU"3U143TTZ(&)L86-K(#(N-7!T(&1O=6)L93L@5$585"U!3$E' M3CH@6QE/3-$)U1%6%0M04Q) M1TXZ(&QE9G0[(%!!1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#(N-7!T(&1O M=6)L93L@5$585"U!3$E'3CH@;&5F="<^("0\+W1D/B`\=&0@6QE/3-$ M)U1%6%0M04Q)1TXZ(&QE9G0G/DEN8V]M92`H3&]S6QE/3-$)U1%6%0M M04Q)1TXZ(')I9VAT)SXF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO M=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H="<^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^ M(#PO='(^(#QT6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B0\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXV-BPT.#0\+W1D/B`\=&0@ M6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXT."PQ-C`\+W1D M/B`\=&0@6QE/3-$)T)!0TM'4D]53D0M0T],3U(Z(')G8B@R,#0L M,C4U+#(P-"D[(%9%4E1)0T%,+4%,24=..B!B;W1T;VTG/B`\=&0@6QE/3-$)T)!0TM'4D]53D0M0T],3U(Z M('=H:71E.R!615)424-!3"U!3$E'3CH@8F]T=&]M)SX@/'1D('-T>6QE/3-$ M)U!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K M(#%P="!S;VQI9#L@5$585"U!3$E'3CH@;&5F="<^("9N8G-P.SPO=&0^(#QT M9"!S='EL93TS1"="3U)$15(M0D]45$]-.B!B;&%C:R`Q<'0@6QE/3-$)U1%6%0M M04Q)1TXZ(&QE9G0[(%!!1$1)3D6QE/3-$ M)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@5$585"U!3$E'3CH@ M6QE/3-$)U1%6%0M04Q)1TXZ(&QE M9G0[(%!!1$1)3D6QE/3-$ M)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@5$585"U!3$E'3CH@ M;&5F="<^("9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"="3U)$15(M0D]45$]- M.B!B;&%C:R`Q<'0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#(N-7!T(&1O=6)L M93L@5$585"U!3$E'3CH@6QE M/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%!!1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L M86-K(#(N-7!T(&1O=6)L93L@5$585"U!3$E'3CH@;&5F="<^("0\+W1D/B`\ M=&0@6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#(N-7!T(&1O=6)L93L@ M5$585"U!3$E'3CH@6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXF M;F)S<#L\+W1D/B`\=&0@6QE M/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS M1"=415A4+4%,24=..B!R:6=H="<^)FYB6QE/3-$ M)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#PO='(^(#QT6QE/3-$)U!!1$1)3D6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B0\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXX,BPQ-SD\+W1D/B`\ M=&0@6QE/3-$)T)!0TM'4D]53D0M0T],3U(Z('=H:71E.R!615)4 M24-!3"U!3$E'3CH@8F]T=&]M)SX@/'1D('-T>6QE/3-$)U!!1$1)3D6QE M/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXV+#0V-SPO=&0^(#QT9"!S='EL93TS M1"=415A4+4%,24=..B!L969T)SXF;F)S<#L\+W1D/B`\=&0^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^ M(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H="<^-2PR.3`\+W1D/B`\ M=&0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P M.SPO=&0^(#PO='(^(#QT6QE/3-$)U!!1$1)3D6QE/3-$)T)/4D1%4BU"3U14 M3TTZ(&)L86-K(#%P="!S;VQI9#L@5$585"U!3$E'3CH@;&5F="<^("9N8G-P M.SPO=&0^(#QT9"!S='EL93TS1"="3U)$15(M0D]45$]-.B!B;&%C:R`Q<'0@ M6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@ M5$585"U!3$E'3CH@6QE/3-$)U!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K M(#(N-7!T(&1O=6)L93L@5$585"U!3$E'3CH@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%!!1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)T)/4D1% M4BU"3U143TTZ(&)L86-K(#(N-7!T(&1O=6)L93L@5$585"U!3$E'3CH@;&5F M="<^("0\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO M=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H="<^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^ M(#QT9#XF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT M)SXF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXQ M,RPT,3,\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(')I M9VAT)SXQ,2PS-S,\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q) M1TXZ(')I9VAT)SXX+#4P,CPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=. M.B!L969T)SXF;F)S<#L\+W1D/B`\+W1R/B`\='(@6QE/3-$ M)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@5$585"U!3$E'3CH@ M;&5F="<^("9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"="3U)$15(M0D]45$]- M.B!B;&%C:R`Q<'0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P M="!S;VQI9#L@5$585"U!3$E'3CH@6QE/3-$)U!!1$1)3D6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%!!1$1)3D6QE/3-$)U!!1$1) M3D6QE/3-$)T)/ M4D1%4BU"3U143TTZ(&)L86-K(#(N-7!T(&1O=6)L93L@5$585"U!3$E'3CH@ M;&5F="<^("0\+W1D/B`\=&0@6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K M(#(N-7!T(&1O=6)L93L@5$585"U!3$E'3CH@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/D-A M<&ET86P@17AP96YD:71U6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO M=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H="<^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^ M(#QT9#XF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT M)SXF;F)S<#L\+W1D/B`\=&0@6QE/3-$)T)!0TM'4D]53D0M0T], M3U(Z('=H:71E.R!615)424-!3"U!3$E'3CH@8F]T=&]M)SX@/'1D('-T>6QE M/3-$)U!!1$1)3D6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT M9#XF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO M=&0^(#QT9#XF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N M8G-P.SPO=&0^(#PO='(^(#QT6QE/3-$)U!!1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P M="!S;VQI9#L@5$585"U!3$E'3CH@6QE/3-$)U!!1$1)3D6QE/3-$)U1% M6%0M04Q)1TXZ(&QE9G0[(%!!1$1)3D6QE M/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@5$585"U!3$E' M3CH@6QE/3-$)T)!0TM'4D]53D0M0T],3U(Z('=H:71E.R!615)424-! M3"U!3$E'3CH@8F]T=&]M)SX@/'1D('-T>6QE/3-$)U!!1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)T)/4D1%4BU" M3U143TTZ(&)L86-K(#(N-7!T(&1O=6)L93L@5$585"U!3$E'3CH@;&5F="<^ M("0\+W1D/B`\=&0@6QE/3-$)T)/4D1%4BU"3U143TTZ(&)L86-K(#(N-7!T M(&1O=6)L93L@5$585"U!3$E'3CH@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%!!1$1)3D3L@34%21TE..B`P<'0@,'!X.R!&3TY4.B`Q,'!T M(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-E3X-"CPO M:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R=%\V-6$X,65C-%\R8S,V7S1E-V)? M.34V-U\U.#0V9F0U-#-E-6(-"D-O;G1E;G0M3&]C871I;VXZ(&9I;&4Z+R\O M0SHO-C5A.#%E8S1?,F,S-E\T93=B7SDU-C=?-3@T-F9D-30S935B+U=O'0O:'1M;#L@ M8VAA2!297-U;'1S(&]F($]P97)A=&EO;G,@*%5N M875D:71E9"D@*%1A8FQE2!&:6YA;F-I86P@26YF;W)M871I;VX\+W1D/@T*("`@("`@("`\=&0@ M8VQA&AT;6PQ+71R86YS:71I;VYA;"YD=&0B M("TM/CQD:78^(#QD:78^/"$M+5-T87)T1G)A9VUE;G0M+3X@/'1A8FQE('-T M>6QE/3-$)U=)1%1(.B`Y-24[($)/4D1%4BU#3TQ,05!313H@8V]L;&%P6QE/3-$)T9/3E0M5T5)1TA4.B!B;VQD)SXF;F)S<#L\+W1D/B`\=&0@6QE/3-$)T9/3E0M5T5)1TA4.B!B M;VQD)SXF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U!! M1$1)3D6QE/3-$)T)/4D1%4BU"3U143TTZ M(&)L86-K(#%P="!S;VQI9#L@5$585"U!3$E'3CH@6QE M/3-$)U!!1$1)3D6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[ M($9/3E0M4U193$4Z(&YO6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B0\+W1D M/B`\=&0@6QE/3-$)U1%6%0M M04Q)1TXZ(')I9VAT)SXQ,3@L,34R/"]T9#X@/'1D/B9N8G-P.SPO=&0^(#QT M9#XF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q) M1TXZ(&QE9G0[(%=)1%1(.B`Q)2<^)FYB6QE/3-$ M)U=)1%1(.B`Q)2<^)FYB6QE/3-$)U1%6%0M04Q) M1TXZ(&QE9G0[(%=)1%1(.B`Q)2<^)FYB6QE/3-$ M)U1%6%0M04Q)1TXZ(')I9VAT.R!724142#H@,3`E)SXT,BPU-C4\+W1D/B`\ M=&0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE M9G0[(%1%6%0M24Y$14Y4.B`P+C5P="<^3F5T(&EN8V]M93PO=&0^(#QT9#XF M;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXQ-2PT M.#`\+W1D/B`\=&0@6QE/3-$ M)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=4 M15A4+4%,24=..B!R:6=H="<^,36QE/3-$)U1% M6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9#XF;F)S<#L\+W1D/B`\ M=&0@6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXQ.2PW.#8\+W1D/B`\=&0@ M6QE/3-$)T)!0TM'4D]53D0M0T],3U(Z('=H:71E.R!615)424-! M3"U!3$E'3CH@8F]T=&]M)SX@/'1D('-T>6QE/3-$)U1%6%0M24Y$14Y4.B`P M+C5P="<^0F%S:6,@96%R;FEN9W,@<&5R('-H87)E/"]T9#X@/'1D/B9N8G-P M.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!L969T)SXF;F)S<#L\ M+W1D/B`\=&0@6QE/3-$ M)T)!0TM'4D]53D0M0T],3U(Z(')G8B@R,#0L,C4U+#(P-"D[(%9%4E1)0T%, M+4%,24=..B!B;W1T;VTG/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B0\ M+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXP+C@X M/"]T9#X@/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO M=&0^(#QT9#XF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U!!1$1)3D6QE/3-$)U!! M1$1)3D6QE/3-$)U!! M1$1)3D6QE/3-$ M)T)/4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@5$585"U!3$E'3CH@ M6QE/3-$ M)U!!1$1)3D6QE/3-$)T)!0TM'4D]53D0M0T],3U(Z(')G8B@R,#0L,C4U+#(P-"D[ M(%9%4E1)0T%,+4%,24=..B!B;W1T;VTG/B`\=&0@6QE M/3-$)U=)1%1(.B`Q)2<^)FYB6QE/3-$)U1%6%0M M04Q)1TXZ(&QE9G0[(%=)1%1(.B`Q)2<^)#PO=&0^(#QT9"!S='EL93TS1"=4 M15A4+4%,24=..B!R:6=H=#L@5TE$5$@Z(#$P)2<^-S4L-#0Q/"]T9#X@/'1D M('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%=)1%1(.B`Q)2<^)FYB6QE/3-$)U=)1%1(.B`Q)2<^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%=)1%1(.B`Q)2<^)#PO=&0^ M(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H=#L@5TE$5$@Z(#$P)2<^ M-SDL-C(R/"]T9#X@/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%=) M1%1(.B`Q)2<^)FYB6QE/3-$)U=)1%1(.B`Q)2<^ M)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%=) M1%1(.B`Q)2<^)#PO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H M=#L@5TE$5$@Z(#$P)2<^.#`L-3$R/"]T9#X@/'1D('-T>6QE/3-$)U1%6%0M M04Q)1TXZ(&QE9G0[(%=)1%1(.B`Q)2<^)FYB6QE M/3-$)U=)1%1(.B`Q)2<^)FYB6QE/3-$)U1%6%0M M04Q)1TXZ(&QE9G0[(%=)1%1(.B`Q)2<^)#PO=&0^(#QT9"!S='EL93TS1"=4 M15A4+4%,24=..B!R:6=H=#L@5TE$5$@Z(#$P)2<^.3,L,C0Q/"]T9#X@/'1D M('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%=)1%1(.B`Q)2<^)FYB6QE/3-$)T)!0TM'4D]53D0M0T],3U(Z('=H M:71E.R!615)424-!3"U!3$E'3CH@8F]T=&]M)SX@/'1D('-T>6QE/3-$)U1% M6%0M04Q)1TXZ(&QE9G0G/D=R;W-S('!R;V9I=#PO=&0^(#QT9#XF;F)S<#L\ M+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXR,RPY.34\+W1D M/B`\=&0@6QE/3-$)U1%6%0M M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%, M24=..B!R:6=H="<^,CDL,3(W/"]T9#X@/'1D('-T>6QE/3-$)U1%6%0M04Q) M1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9#XF;F)S<#L\+W1D/B`\=&0@6QE M/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXS,"PQ-S(\+W1D/B`\=&0@6QE/3-$)T)!0TM'4D]53D0M0T],3U(Z(')G8B@R,#0L,C4U+#(P-"D[(%9% M4E1)0T%,+4%,24=..B!B;W1T;VTG/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXW+#DT-SPO=&0^(#QT9"!S='EL M93TS1"=415A4+4%,24=..B!L969T)SXF;F)S<#L\+W1D/B`\=&0^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO M=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H="<^,3`L.#$S/"]T M9#X@/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^ M(#QT9#XF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT M)SXQ,"PW,S<\+W1D/B`\=&0@6QE/3-$ M)T)!0TM'4D]53D0M0T],3U(Z(')G8B@R,#0L,C4U+#(P-"D[(%9%4E1)0T%, M+4%,24=..B!B;W1T;VTG/B`\=&0^1&EL=71E9"!E87)N:6YG6QE/3-$)U1%6%0M04Q) M1TXZ(&QE9G0G/B0\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ M(')I9VAT)SXP+C4V/"]T9#X@/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&QE M9G0G/B9N8G-P.SPO=&0^(#QT9#XF;F)S<#L\+W1D/B`\=&0@6QE M/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B0\+W1D/B`\=&0@3X-"CPO:'1M;#X-"@T*+2TM M+2TM/5].97AT4&%R=%\V-6$X,65C-%\R8S,V7S1E-V)?.34V-U\U.#0V9F0U M-#-E-6(-"D-O;G1E;G0M3&]C871I;VXZ(&9I;&4Z+R\O0SHO-C5A.#%E8S1? M,F,S-E\T93=B7SDU-C=?-3@T-F9D-30S935B+U=O'0O:'1M;#L@8VAA7!E(&-O;G1E;G0],T0G=&5X="]H=&UL.R!C:&%R M&AT;6PQ+71R86YS:71I;VYA;"YD=&0B("TM/CQD:78^ M(#QD:78^/"$M+5-T87)T1G)A9VUE;G0M+3X@/'`@3L@34%21TE..B`P<'0@,'!X.R!&3TY4.B!B;VQD(#$P M<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE3L@34%21TE. M.B`P<'0@,'!X.R!&3TY4.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM97,L M(%-E6QE/3-$)U!!1$1)3D6QE/3-$)U1%6%0M04Q)1TXZ(&-E M;G1E6QE/3-$)U!! M1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)U!!1$1) M3D6QE/3-$)U1%6%0M04Q)1TXZ(&-E;G1E M6QE/3-$)U1%6%0M04Q)1TXZ(&-E;G1E6QE/3-$)U!!1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)U!!1$1)3D6QE M/3-$)U!!1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)U1%6%0M04Q)1TXZ(&IU2<@8V]L2<@8V]L2<@8V]L2<@8V]L2<@8V]L6QE/3-$)U1%6%0M04Q)1TXZ(&IU6QE/3-$)U1%6%0M M04Q)1TXZ(&QE9G0[(%=)1%1(.B`Q)2<^)FYB6QE M/3-$)U=)1%1(.B`Q)2<^)FYB6QE/3-$)U1%6%0M M04Q)1TXZ(&QE9G0[(%=)1%1(.B`Q)2<^)FYB6QE M/3-$)U1%6%0M04Q)1TXZ(')I9VAT.R!724142#H@,3`E)SXH.#,T/"]T9#X@ M/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%=)1%1(.B`Q)2<^*3PO M=&0^(#QT9"!S='EL93TS1"=724142#H@,24G/B9N8G-P.SPO=&0^(#QT9"!S M='EL93TS1"=415A4+4%,24=..B!L969T.R!724142#H@,24G/B9N8G-P.SPO M=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H=#L@5TE$5$@Z(#$P M)2<^*#8T/"]T9#X@/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%=) M1%1(.B`Q)2<^*3PO=&0^(#QT9"!S='EL93TS1"=724142#H@,24G/B9N8G-P M.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!L969T.R!724142#H@ M,24G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H M=#L@5TE$5$@Z(#$P)2<^*#$V,CPO=&0^(#QT9"!S='EL93TS1"=415A4+4%, M24=..B!L969T.R!724142#H@,24G/BD\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%=)1%1(.B`Q)2<^)FYB6QE/3-$)T)!0TM'4D]53D0M0T],3U(Z('=H:71E M.R!615)424-!3"U!3$E'3CH@8F]T=&]M)SX@/'1D('-T>6QE/3-$)U1%6%0M M04Q)1TXZ(&IU6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXF;F)S<#L\+W1D/B`\=&0@ M6QE/3-$)U1%6%0M04Q)1TXZ M(&QE9G0G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R M:6=H="<^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE M9G0G/B9N8G-P.SPO=&0^(#QT9#XF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1% M6%0M04Q)1TXZ(')I9VAT)SXF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9#XF;F)S M<#L\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXW-34\+W1D M/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ M(&QE9G0G/B9N8G-P.SPO=&0^(#PO='(^(#QT6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G M/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H="<^ M)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N M8G-P.SPO=&0^(#QT9#XF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q) M1TXZ(')I9VAT)SXF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^ M(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H="<^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT M9#XF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXF M;F)S<#L\+W1D/B`\=&0@6QE/3-$)T)!0TM'4D]53D0M0T],3U(Z M(')G8B@R,#0L,C4U+#(P-"D[(%9%4E1)0T%,+4%,24=..B!B;W1T;VTG/B`\ M=&0@2<^,C`Q,CPO=&0^(#QT M9#XF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXQ M+#6QE/3-$)U1%6%0M04Q) M1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=. M.B!R:6=H="<^*#8S,SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!L M969T)SXI/"]T9#X@/'1D/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4 M+4%,24=..B!L969T)SXF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q) M1TXZ(&QE9G0G/BD\+W1D/B`\=&0^)FYB6QE/3-$ M)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=4 M15A4+4%,24=..B!R:6=H="<^,2PP-3<\+W1D/B`\=&0@6QE/3-$)U=) M1%1(.B`P<'@G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=724142#H@,"XU M:6XG/BAA*3PO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!J=7-T:69Y M)SY4:&4@8F5G:6YN:6YG(&%N9"!E;F1I;F<@;&EA8FEL:71Y(&)A;&%N8V5S M(')E<')E2X@4V5T=&QE;65N M=',@86YD(&%D;6EN:7-T'!E;G-E9"!A2!I;B!R87)E(&EN6QE/3-$)U=)1%1(.B`P<'@G/B9N8G-P M.SPO=&0^(#QT9"!S='EL93TS1"=724142#H@,"XU:6XG/BAB*3PO=&0^(#QT M9"!S='EL93TS1"=415A4+4%,24=..B!J=7-T:69Y)SY4:&4@97AP96YS92!A M8V-R=65D(&EN('1H92!L:6%B:6QI='D@:7,@9F]R(&QE9V%L(&9E97,@;VYL M>2X@26X@,C`Q,"!A;F0@,C`Q,BP@=&AE(&-O6QE/3-$)U1%6%0M04Q)1TXZ(&IU#L@ M1D].5#H@,3!P="!4:6UE6QE/3-$)TU!4D=)3BU43U`Z(#!P=#L@5TE$ M5$@Z(#$P,"4[($9/3E0Z(#$P<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE6QE/3-$)U1%6%0M04Q)1TXZ(&IU"<^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE M9G0[(%=)1%1(.B`P+C5I;B<^*&,I/"]T9#X@/'1D('-T>6QE/3-$)U1%6%0M M04Q)1TXZ(&IU6UE;G1S M('1O(&]U='-I9&4@8V]U;G-E;"!R96QA=&5D('1O('!R;V1U8W0@;&EA8FEL M:71Y(&UA='1E3L@34%21TE..B`P<'0@,'!X.R!&3TY4.B`Q M,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-E2<^4V5T=&QE;65N=',@6UE;G1S M(&UA9&4@=&\@<&QA:6YT:69F6QE M/3-$)U1%6%0M04Q)1TXZ(&IU#L@1D]. M5#H@,3!P="!4:6UE6QE/3-$)TU!4D=)3BU43U`Z(#!P>#L@1D].5#H@ M,3!P="!4:6UE3L@5D525$E#04PM04Q) M1TXZ('1O<"<^(#QT9"!S='EL93TS1"=724142#H@,'!X)SXF;F)S<#L\+W1D M/B`\=&0@2<^ M26YS=7)A;F-E(&5X<&5N3L@34%21TE..B`P<'0@,'!X.R!&3TY4 M.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-E2!%>'!E;G-E/"]T9#X-"B`@("`@("`@ M/'1D(&-L87-S/3-$=&5X=#X\(2TM1$]#5%E012!H=&UL(%!50DQ)0R`B+2\O M5S-#+R]$5$0@6$A434P@,2XP(%1R86YS:71I;VYA;"\O14XB(")H='1P.B\O M=W=W+G6QE/3-$)TU!4D=)3CH@,'!T(#!P>#L@1D].5#H@8F]L9"`Q,'!T(%1I;65S M($YE=R!2;VUA;BP@5&EM97,L(%-E6QE/3-$)TU!4D=)3CH@,'!T(#!P>#L@1D].5#H@,3!P="!4:6UE6QE M/3-$)U=)1%1(.B`V,"4[($)/4D1%4BU#3TQ,05!313H@8V]L;&%P6QE/3-$)U9%4E1)0T%,+4%,24=..B!B;W1T;VTG/B`\=&0@ M2<@;F]W6QE/3-$)T)/ M4D1%4BU"3U143TTZ(&)L86-K(#%P="!S;VQI9#L@5$585"U!3$E'3CH@8V5N M=&5R)R!C;VQS<&%N/3-$,B!N;W=R87`],T1N;W=R87`^06-C'!E;G-E("AB*3PO=&0^(#QT9"!S='EL93TS1"=0 M041$24Y'+4)/5%1/33H@,7!T)R!N;W=R87`],T1N;W=R87`^)FYB6QE/3-$)U!!1$1)3D'!E;G-E("AE*3PO=&0^(#QT9"!S='EL93TS1"=0041$24Y' M+4)/5%1/33H@,7!T)R!N;W=R87`],T1N;W=R87`^)FYB6QE/3-$)U!!1$1)3D3QB'!E;G-E/"]T9#X@/'1D('-T>6QE/3-$)U!!1$1) M3D6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT M)R!C;VQS<&%N/3-$,CXF;F)S<#L\+W1D/B`\=&0^)FYB6QE/3-$)U=)1%1(.B`Q)2<^)FYB6QE/3-$)U1% M6%0M04Q)1TXZ(&QE9G0[(%=)1%1(.B`Q)2<^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT.R!724142#H@,3(E)SXH.#,T/"]T M9#X@/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%=)1%1(.B`Q)2<^ M*3PO=&0^(#QT9"!S='EL93TS1"=724142#H@,24G/B9N8G-P.SPO=&0^(#QT M9"!S='EL93TS1"=415A4+4%,24=..B!L969T.R!724142#H@,24G/B9N8G-P M.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H=#L@5TE$5$@Z M(#$R)2<^.#0S/"]T9#X@/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[ M(%=)1%1(.B`Q)2<^)FYB6QE/3-$)U=)1%1(.B`Q M)2<^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[ M(%=)1%1(.B`Q)2<^)FYB6QE/3-$)U1%6%0M04Q) M1TXZ(')I9VAT.R!724142#H@,3(E)SXY/"]T9#X@/'1D('-T>6QE/3-$)U1% M6%0M04Q)1TXZ(&QE9G0[(%=)1%1(.B`Q)2<^)FYB6QE/3-$)T)!0TM'4D]53D0M0T],3U(Z('=H:71E.R!615)424-! M3"U!3$E'3CH@8F]T=&]M)SX@/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&IU M6QE/3-$ M)U1%6%0M04Q)1TXZ(')I9VAT)SXF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N M8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H="<^)FYB M6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P M.SPO=&0^(#PO='(^(#QT6QE/3-$)U1%6%0M04Q)1TXZ(&IU6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N M8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H="<^-S4U M/"]T9#X@/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B9N8G-P.SPO M=&0^(#QT9#XF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(')I M9VAT)SXX-C(\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q) M1TXZ(&QE9G0G/B9N8G-P.SPO=&0^(#PO='(^(#QT6QE/3-$)U1%6%0M04Q)1TXZ(&QE M9G0G/B9N8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!R:6=H M="<^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G M/B9N8G-P.SPO=&0^(#QT9#XF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1%6%0M M04Q)1TXZ(')I9VAT)SXF;F)S<#L\+W1D/B`\=&0@6QE/3-$)U1%6%0M04Q)1TXZ(')I9VAT)SXX,3`\+W1D/B`\=&0@3L@34%21TE..B`P<'0@,'!X.R!&3TY4.B`Q,'!T(%1I M;65S($YE=R!2;VUA;BP@5&EM97,L(%-E3L@ M34%21TE..B`P<'0@,'!X.R!&3TY4.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@ M5&EM97,L(%-E2<^5&AE(&)E M9VEN;FEN9R!A;F0@96YD:6YG(&QI86)I;&ET>2!B86QA;F-E3L@34%21TE..B`P<'0@,'!X M.R!&3TY4.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-E2<^5&AE(&5X<&5N6QE/3-$)U=)1%1(.B`P<'@G/B9N M8G-P.SPO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!L969T.R!72414 M2#H@,"XU:6XG/BAC*3PO=&0^(#QT9"!S='EL93TS1"=415A4+4%,24=..B!J M=7-T:69Y)SY,96=A;"!F965S(')E<')E2!M871T M97)S+CPO=&0^(#PO='(^(#PO=&%B;&4^(#QP('-T>6QE/3-$)U1%6%0M04Q) M1TXZ(&IU#L@1D].5#H@,3!P="!4:6UE M6QE/3-$)TU!4D=)3BU43U`Z(#!P=#L@1D].5#H@,3!P="!4:6UE6QE/3-$)U9%4E1)0T%,+4%,24=..B!T;W`G/B`\=&0@"<^)FYB6QE/3-$)U=)1%1( M.B`P+C5I;B<^*&0I/"]T9#X@/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&IU M2X\+W1D/B`\+W1R/B`\+W1A8FQE/B`\<"!S='EL93TS1"=415A4 M+4%,24=..B!J=7-T:69Y.R!-05)'24XZ(#!P="`P<'@[($9/3E0Z(#$P<'0@ M5&EM97,@3F5W(%)O;6%N+"!4:6UE"<@8V5L;'-P86-I;F<],T0P(&-E;&QP861D:6YG/3-$,#X@/'1R('-T>6QE M/3-$)U1%6%0M04Q)1TXZ(&IU"<^)FYB6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%=)1%1(.B`P+C5I;B<^*&4I/"]T M9#X@/'1D('-T>6QE/3-$)U1%6%0M04Q)1TXZ(&IU'!E;G-E(')E<')E'1087)T7S8U83@Q96,T7S)C,S9?-&4W8E\Y-38W7S4X-#9F9#4T,V4U M8@T*0V]N=&5N="U,;V-A=&EO;CH@9FEL93HO+R]#.B\V-6$X,65C-%\R8S,V M7S1E-V)?.34V-U\U.#0V9F0U-#-E-6(O5V]R:W-H965T'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQA'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@ M/'1R(&-L87-S/3-$'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@("`@("`\+W1R/@T*("`@ M("`@/'1R(&-L87-S/3-$'0^,34@>65A2!A;F0@97%U:7!M96YT(%M- M96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\65A'0^/'-P M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P M86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S M/3-$'0^ M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^ M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^ M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L M87-S/3-$'0^/'-P86X^/"]S<&%N/CPO 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-$'0^/'-P86X^/"]S<&%N M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0O:F%V87-C3X-"B`@ M("`\=&%B;&4@8VQA'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-$'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@ M(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\ M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'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-$'0^/'-P86X^/"]S<&%N M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`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`@("`@(#QT9"!C;&%S M'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@ M("`@/'1R(&-L87-S/3-$'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C M;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T* M("`@("`@/'1R(&-L87-S/3-$2P@<&QA;G0@86YD(&5Q=6EP;65N=#PO M=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@ M(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\ M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@ M("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@ M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$2P@<&QA;G0@86YD(&5Q M=6EP;65N=#PO=&0^#0H@("`@("`@(#QT9"!C;&%S3X-"CPO:'1M;#X-"@T*+2TM+2TM/5]. M97AT4&%R=%\V-6$X,65C-%\R8S,V7S1E-V)?.34V-U\U.#0V9F0U-#-E-6(- M"D-O;G1E;G0M3&]C871I;VXZ(&9I;&4Z+R\O0SHO-C5A.#%E8S1?,F,S-E\T M93=B7SDU-C=?-3@T-F9D-30S935B+U=O'0O:'1M;#L@8VAA7!E(&-O;G1E;G0],T0G=&5X="]H=&UL.R!C:&%R'0^/'-P86X^/"]S<&%N/CPO M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@ M("`@/'1R(&-L87-S/3-$'0^/'-P86X^/"]S<&%N/CPO M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$2!S96-U'0^)FYB'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$ M'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$ M'0^ M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@(#PO=&%B;&4^ M#0H@(#PO8F]D>3X-"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R=%\V-6$X M,65C-%\R8S,V7S1E-V)?.34V-U\U.#0V9F0U-#-E-6(-"D-O;G1E;G0M3&]C M871I;VXZ(&9I;&4Z+R\O0SHO-C5A.#%E8S1?,F,S-E\T93=B7SDU-C=?-3@T M-F9D-30S935B+U=O'0O:'1M;#L@8VAA'0^)FYB M'0^)FYBF%T:6]N/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$ M;G5M/B@R+#@R-BD\F%T:6]N+"`R,#$S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$ M;G5M<#XR,#`\'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-$F%T:6]N+"`R,#$V/"]T9#X-"B`@("`@("`@/'1D(&-L M87-S/3-$;G5M<#XR,#`\'0^/'-P86X^/"]S<&%N/CPO M=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO M=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'10 M87)T7S8U83@Q96,T7S)C,S9?-&4W8E\Y-38W7S4X-#9F9#4T,V4U8@T*0V]N M=&5N="U,;V-A=&EO;CH@9FEL93HO+R]#.B\V-6$X,65C-%\R8S,V7S1E-V)? M.34V-U\U.#0V9F0U-#-E-6(O5V]R:W-H965T'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQA'!E;G-E6%B;&4\ M+W1D/@T*("`@("`@("`\=&0@8VQA6%B;&4@ M86YD(&%C8W)U960@97AP96YS97,\+W1D/@T*("`@("`@("`\=&0@8VQA'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQA M'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@ M("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@ M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0^ M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@ M("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@ M("`@(#QT9"!C;&%S'0^2G5N(#$U+`T*"0DR,#$T/'-P86X^/"]S<&%N/CPO=&0^ M#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^ M#0H@("`@("`\+W1R/@T*("`@(#PO=&%B;&4^#0H@(#PO8F]D>3X-"CPO:'1M M;#X-"@T*+2TM+2TM/5].97AT4&%R=%\V-6$X,65C-%\R8S,V7S1E-V)?.34V M-U\U.#0V9F0U-#-E-6(-"D-O;G1E;G0M3&]C871I;VXZ(&9I;&4Z+R\O0SHO M-C5A.#%E8S1?,F,S-E\T93=B7SDU-C=?-3@T-F9D-30S935B+U=O'0O:'1M;#L@8VAA M'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R M(&-L87-S/3-$'0^/'-P M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P M86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S M/3-$'0^/'-P M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P M86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S M/3-$65E(&)E;F5F:71S('!L86X\+W1D/@T* M("`@("`@("`\=&0@8VQA2!C;VYT65E(&)E;F5F:70@ M<&QA;CPO=&0^#0H@("`@("`@(#QT9"!C;&%S3X-"CPO:'1M;#X-"@T*+2TM+2TM/5]. M97AT4&%R=%\V-6$X,65C-%\R8S,V7S1E-V)?.34V-U\U.#0V9F0U-#-E-6(- M"D-O;G1E;G0M3&]C871I;VXZ(&9I;&4Z+R\O0SHO-C5A.#%E8S1?,F,S-E\T M93=B7SDU-C=?-3@T-F9D-30S935B+U=O'0O:'1M;#L@8VAA7!E(&-O;G1E;G0],T0G=&5X="]H=&UL.R!C:&%R'0O M:F%V87-C3X-"B`@("`\ M=&%B;&4@8VQA'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQA3X-"CPO M:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R=%\V-6$X,65C-%\R8S,V7S1E-V)? M.34V-U\U.#0V9F0U-#-E-6(-"D-O;G1E;G0M3&]C871I;VXZ(&9I;&4Z+R\O M0SHO-C5A.#%E8S1?,F,S-E\T93=B7SDU-C=?-3@T-F9D-30S935B+U=O'0O:'1M;#L@ M8VAA'0^)FYB'0^)FYB3X-"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R=%\V-6$X,65C-%\R8S,V M7S1E-V)?.34V-U\U.#0V9F0U-#-E-6(-"D-O;G1E;G0M3&]C871I;VXZ(&9I M;&4Z+R\O0SHO-C5A.#%E8S1?,F,S-E\T93=B7SDU-C=?-3@T-F9D-30S935B M+U=O'0O M:'1M;#L@8VAAF5D(&=A M:6YS/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ+#0X,3QS<&%N M/CPO'0^)FYB'0^)FYB'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQA M"!A3X-"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R=%\V-6$X,65C-%\R M8S,V7S1E-V)?.34V-U\U.#0V9F0U-#-E-6(-"D-O;G1E;G0M3&]C871I;VXZ M(&9I;&4Z+R\O0SHO-C5A.#%E8S1?,F,S-E\T93=B7SDU-C=?-3@T-F9D-30S M935B+U=O'0O:'1M;#L@8VAA'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQA&-E'0O:F%V87-C M3X-"B`@("`\=&%B;&4@ 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-$'0^/'-P M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P M86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S M/3-$'0O:F%V87-C3X-"B`@("`\=&%B;&4@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*("`@("`@/'1R(&-L87-S/3-$'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@ M("`@/'1R(&-L87-S/3-$'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\ M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R M(&-L87-S/3-$'0^/'-P86X^/"]S<&%N/CPO=&0^ M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$2!F=6YD'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@ M/'1R(&-L87-S/3-$'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@ 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-$'0^ M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L M87-S/3-$'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-$'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@ M("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@ M("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@ M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@(#PO=&%B M;&4^#0H@(#PO8F]D>3X-"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R=%\V M-6$X,65C-%\R8S,V7S1E-V)?.34V-U\U.#0V9F0U-#-E-6(-"D-O;G1E;G0M M3&]C871I;VXZ(&9I;&4Z+R\O0SHO-C5A.#%E8S1?,F,S-E\T93=B7SDU-C=? M-3@T-F9D-30S935B+U=O'0O:'1M;#L@8VAA7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S8VEI(@T*#0H\ M:'1M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E M;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA"!0 M'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-$3X-"CPO:'1M;#X- M"@T*+2TM+2TM/5].97AT4&%R=%\V-6$X,65C-%\R8S,V7S1E-V)?.34V-U\U M.#0V9F0U-#-E-6(-"D-O;G1E;G0M3&]C871I;VXZ(&9I;&4Z+R\O0SHO-C5A M.#%E8S1?,F,S-E\T93=B7SDU-C=?-3@T-F9D-30S935B+U=O'0O:'1M;#L@8VAA"!2871E(%)E8V]N8VEL:6%T:6]N*2`H1&5T86EL2!F961E"!B96YE9FET/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$ M;G5M<#XT+C`P)3QS<&%N/CPO3X-"CPO:'1M M;#X-"@T*+2TM+2TM/5].97AT4&%R=%\V-6$X,65C-%\R8S,V7S1E-V)?.34V M-U\U.#0V9F0U-#-E-6(-"D-O;G1E;G0M3&]C871I;VXZ(&9I;&4Z+R\O0SHO M-C5A.#%E8S1?,F,S-E\T93=B7SDU-C=?-3@T-F9D-30S935B+U=O'0O:'1M;#L@8VAA M'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@ M("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@ M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$3PO M=&0^#0H@("`@("`@(#QT9"!C;&%S"!A'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQA M'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-$6UE;G1S M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XD(#,S+#`P,#QS<&%N M/CPO'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQA&-E<'0@4VAA'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`@(#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@("`@("`@(#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@("`@("`@(#QT9"!C M;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C M;&%S2=S(&5M<&QO M>65E(&-O;7!E;G-A=&EO;B!P;&%N'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@("`@("`@(#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@("`@("`@(#QT9"!C;&%S M7!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@ M8VAA&-E<'0@4VAA'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("`@("`@(#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-$'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'10 M87)T7S8U83@Q96,T7S)C,S9?-&4W8E\Y-38W7S4X-#9F9#4T,V4U8@T*0V]N M=&5N="U,;V-A=&EO;CH@9FEL93HO+R]#.B\V-6$X,65C-%\R8S,V7S1E-V)? M.34V-U\U.#0V9F0U-#-E-6(O5V]R:W-H965T'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQA'0^/'-P M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P M86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S M/3-$3X-"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R=%\V-6$X,65C-%\R M8S,V7S1E-V)?.34V-U\U.#0V9F0U-#-E-6(-"D-O;G1E;G0M3&]C871I;VXZ M(&9I;&4Z+R\O0SHO-C5A.#%E8S1?,F,S-E\T93=B7SDU-C=?-3@T-F9D-30S M935B+U=O'0O:'1M;#L@8VAA'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-$'0^/'-P86X^/"]S M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0^,2!Y96%R(#(@;6]N=&AS M(#$R(&1A>7,\'0O:F%V M87-C3X-"B`@("`\=&%B M;&4@8VQA'!E8W1E9"!V;VQA=&EL:71Y/"]T9#X-"B`@("`@("`@/'1D M(&-L87-S/3-$;G5M<#XT-"XR,"4\65A7,\7,\'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQA'0^)FYB'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@ M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$&5R8VES960\+W1D/@T*("`@ M("`@("`\=&0@8VQA'0^/'-P86X^/"]S<&%N/CPO M=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO M=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0^)FYB'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R M(&-L87-S/3-$'0^)FYB'0^)FYB'0^/'-P86X^/"]S<&%N/CPO M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0^/'-P86X^/"]S M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$&5R8VES M960\+W1D/@T*("`@("`@("`\=&0@8VQA'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@ M/'1R(&-L87-S/3-$'0^)FYB'0^)FYB'0^/'-P86X^/"]S<&%N M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$&5R8VES86)L92!/<'1I M;VYS($]U='-T86YD:6YG(&%T($1E8V5M8F5R(#,Q+"`R,#$R/"]T9#X-"B`@ M("`@("`@/'1D(&-L87-S/3-$;G5M<#XD(#8N.3<\'0^/'-P86X^/"]S<&%N/CPO M=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO M=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0^-2!Y96%R7,\'0^/'-P86X^/"]S<&%N/CPO=&0^ M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$&5R8VES960\+W1D/@T* M("`@("`@("`\=&0@8VQA65A65A'0^/'-P86X^/"]S<&%N/CPO=&0^ M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0^-B!Y96%R'0^)FYB'0^)FYB'0^/'-P86X^/"]S<&%N/CPO=&0^ M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0^-2!Y96%R'0^-B!Y96%R'0^-B!Y96%R'0^-R!Y96%R'0^-2!Y96%R'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-$65A'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@ M("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@ M("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@ M("`@("`\+W1R/@T*("`@(#PO=&%B;&4^#0H@(#PO8F]D>3X-"CPO:'1M;#X- M"@T*+2TM+2TM/5].97AT4&%R=%\V-6$X,65C-%\R8S,V7S1E-V)?.34V-U\U M.#0V9F0U-#-E-6(-"D-O;G1E;G0M3&]C871I;VXZ(&9I;&4Z+R\O0SHO-C5A M.#%E8S1?,F,S-E\T93=B7SDU-C=?-3@T-F9D-30S935B+U=O'0O:'1M;#L@8VAA65E M(&1I'0^ M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^ M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R M(&-L87-S/3-$'0^/'-P86X^/"]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-$65E(&1I65E(&1I'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQA'0^ M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^ M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L M87-S/3-$'0^ M,B!Y96%R65A'!E;G-E(')E M8V]G;FEZ960\+W1D/@T*("`@("`@("`\=&0@8VQA'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S M'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S M'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQA M'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`@(#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@("`@("`@(#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@("`@("`@ M(#QT9"!C;&%S'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(#QT9"!C;&%S'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(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@ M(#QT9"!C;&%S'0^/'-P M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P M86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S M/3-$'0^ M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^ M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^ M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^ M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^ M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^ M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^ M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^ M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^ M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^ M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^ M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L M87-S/3-$&5S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\'0^/'-P86X^/"]S<&%N/CPO M=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO M=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO M=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@ M(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@ M(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@ M(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@ M(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@ M(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@ M(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@ M(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@ M(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@ M(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@ M(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\ M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0^/'-P86X^/"]S<&%N/CPO=&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("`@(#QT9"!C;&%S'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("`@(#QT9"!C;&%S'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("`@(#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-$'0^ M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^ M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^ M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^ M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^ M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^ M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^ M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^ M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$ M'0^/'-P M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P M86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S M/3-$'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S M+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE M<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA M'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S M'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S M'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@ M("`@/'1R(&-L87-S/3-$'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@ M/'1R(&-L87-S/3-$'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@ M(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@ M(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\ M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT M9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT M9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R M/@T*("`@("`@/'1R(&-L87-S/3-$3X-"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R=%\V-6$X M,65C-%\R8S,V7S1E-V)?.34V-U\U.#0V9F0U-#-E-6(-"D-O;G1E;G0M3&]C M871I;VXZ(&9I;&4Z+R\O0SHO-C5A.#%E8S1?,F,S-E\T93=B7SDU-C=?-3@T M-F9D-30S935B+U=O'0O:'1M;#L@8VAA7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S8VEI(@T* M#0H\:'1M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O M;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA'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-$&EM M=6T@;&EM:70@;V8@86=G3X-"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R M=%\V-6$X,65C-%\R8S,V7S1E-V)?.34V-U\U.#0V9F0U-#-E-6(-"D-O;G1E M;G0M3&]C871I;VXZ(&9I;&4Z+R\O0SHO-C5A.#%E8S1?,F,S-E\T93=B7SDU M-C=?-3@T-F9D-30S935B+U=O'0O:'1M;#L@8VAA2!R97-E M'0^/'-P86X^/"]S<&%N/CPO=&0^ M#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C M;&%S'0^/'-P M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S6EN9R!!8V-O=6YT'0^ M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO M=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT M9"!C;&%S'!E;G-E("A);F-O;64I/"]T9#X-"B`@("`@("`@/'1D(&-L M87-S/3-$;G5M/B@V,S,I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT M9"!C;&%S'!E;G-E(&%C8W)U960@:6X@=&AE(&QI86)I M;&ET>2!I65A'1087)T7S8U83@Q96,T7S)C,S9?-&4W8E\Y-38W7S4X-#9F9#4T,V4U8@T* M0V]N=&5N="U,;V-A=&EO;CH@9FEL93HO+R]#.B\V-6$X,65C-%\R8S,V7S1E M-V)?.34V-U\U.#0V9F0U-#-E-6(O5V]R:W-H965T'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQA2!%>'!E;G-E*2`H1&5T86EL'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT M9"!C;&%S'0^ M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO M=&0^#0H@("`@("`@(#QT9"!C;&%S2!E>'!E;G-E/"]T M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XD(#$W-SQS<&%N/CPO'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@ M(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@ M("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S2!E>'!E M;G-E/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@V,S,I/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@ M("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@ M("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S M'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S2!E M>'!E;G-E/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XD(#@Q,#QS M<&%N/CPO'!E;G-E(')E<')E3X-"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R=%\V-6$X M,65C-%\R8S,V7S1E-V)?.34V-U\U.#0V9F0U-#-E-6(-"D-O;G1E;G0M3&]C M871I;VXZ(&9I;&4Z+R\O0SHO-C5A.#%E8S1?,F,S-E\T93=B7SDU-C=?-3@T M-F9D-30S935B+U=O'0O:'1M;#L@8VAA'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R M/@T*("`@("`@/'1R(&-L87-S/3-$'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQA'0^/'-P86X^/"]S<&%N M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@ M(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S6EN9R!!8V-O=6YT'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@ M("`@(#QT9"!C;&%S'!E;G-E("A);F-O;64I/"]T9#X-"B`@("`@("`@/'1D M(&-L87-S/3-$;G5M<#XQ,34\'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@ M(#QT9"!C;&%S&-E2!R M97-E7!E.B!T97AT+VAT;6P[(&-H M87)S970](G5S+6%S8VEI(@T*#0H\>&UL('AM;&YS.F\],T0B=7)N.G-C:&5M M87,M;6EC&UL M/@T*+2TM+2TM/5].97AT4&%R=%\V-6$X,65C-%\R8S,V7S1E-V)?.34V-U\U /.#0V9F0U-#-E-6(M+0T* ` end XML 42 R43.htm IDEA: XBRL DOCUMENT v2.4.0.6
Trade Receivables, Net (Details) (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Trade receivables 44,143 43,217
Allowance for doubtful accounts (300) (185)
Allowance for discounts (825) (807)
Trade receivables, net 43,018 42,225
Trade receivables [Member] | Customer one [Member]
   
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Percentage of customers 17.00% 19.00%
Trade receivables [Member] | Customer two [Member]
   
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Percentage of customers 14.00% 15.00%
Trade receivables [Member] | Customer three [Member]
   
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Percentage of customers 11.00% 14.00%
Trade receivables [Member] | Customer four [Member]
   
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Percentage of customers 10.00% 12.00%

XML 43 R29.htm IDEA: XBRL DOCUMENT v2.4.0.6
Inventories (Tables)
12 Months Ended
Dec. 31, 2012
Inventories [Abstract]  
Schedule of Inventories

 

December 31,   2012     2011  
             
Finished goods   $ 3,615     $ 4,071  
Materials and products in process     50,483       43,622  
      54,098       47,693  
Adjustment of inventories to a LIFO basis     (38,089 )     (37,476 )
    $ 16,009     $ 10,217  

 

XML 44 R28.htm IDEA: XBRL DOCUMENT v2.4.0.6
Trade Receivables, Net (Tables)
12 Months Ended
Dec. 31, 2012
Trade Receivables, Net [Abstract]  
Schedule of Trade Receivables

 

December 31,   2012     2011  
             
Trade receivables   $ 44,143     $ 43,217  
Allowance for doubtful accounts     (300 )     (185 )
Allowance for discounts     (825 )     (807 )
    $ 43,018     $ 42,225  

 

XML 45 R56.htm IDEA: XBRL DOCUMENT v2.4.0.6
Employee Benefit Plans (Schedule of Amounts Recognized on the Balance Sheet) (Details) (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
Employee Benefit Plans [Abstract]    
Accrued benefit liability $ (19,626) $ (19,082)
Accumulated other comprehensive loss, net of tax 29,620 27,543
Deferred tax asset 17,396 16,176
Nat amount recognized $ 27,390 $ 24,637
XML 46 R44.htm IDEA: XBRL DOCUMENT v2.4.0.6
Inventories (Details) (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
Inventories [Abstract]    
Finished goods $ 3,615 $ 4,071
Materials and products in process 50,483 43,622
Inventory gross 54,098 47,693
Adjustment of inventories to a LIFO basis (38,089) (37,476)
Net inventories $ 16,009 $ 10,217
XML 47 R30.htm IDEA: XBRL DOCUMENT v2.4.0.6
Property, Plant and Equipment (Tables)
12 Months Ended
Dec. 31, 2012
Property, Plant and Equipment [Abstract]  
Schedule of Property, Plant and Equipment

 

December 31,   2012     2011  
             
Land and improvements   $ 1,308     $ 1,266  
Buildings and improvements     29,539       27,961  
Machinery and equipment     133,635       111,558  
Dies and tools     31,231       28,357  
    $ 195,713     $ 169,142  

 

XML 48 R31.htm IDEA: XBRL DOCUMENT v2.4.0.6
Other Assets (Tables)
12 Months Ended
Dec. 31, 2012
Other Assets [Abstract]  
Schedule of Other Assets

 

December 31,   2012     2011  
             
Patents, at cost   $ 5,021     $ 4,900  
Accumulated amortization     (2,826 )     (2,583 )
Deposits on capital items     3,934       1,618  
Software development costs, at cost     2,057       2,057  
Accumulated amortization     (498 )     (146 )
Investment in equity securities, carried at cost     125       969  
Investment in equity securities, equity method     1,206       -  
Other     549       474  
    $ 9,568     $ 7,289  

 

XML 49 R8.htm IDEA: XBRL DOCUMENT v2.4.0.6
Summary of Significant Accounting Policies
12 Months Ended
Dec. 31, 2012
Summary of Significant Accounting Policies [Abstract]  
Summary of Significant Accounting Policies
  1. Summary of Significant Accounting Policies

 

Organization

 

Sturm, Ruger & Company, Inc. (the "Company") is principally engaged in the design, manufacture, and sale of firearms to domestic customers. Approximately 99% of the Company's total sales for the year ended December 31, 2012 were from the firearms segment and export sales represented approximately 3% of firearms sales. The Company's design and manufacturing operations are located in the United States and almost all product content is domestic. The Company's firearms are sold through a select number of independent wholesale distributors principally to the commercial sporting market.

 

The Company also manufactures and sells investment castings made from steel alloys for both outside customers and internal use in the firearms segment. Investment castings sold to outside customers, either directly to or through manufacturers' representatives, were approximately 1% of the Company's total sales for the year ended December 31, 2012.

 

Preparation of Financial Statements

 

The Company follows United States generally accepted accounting principles ("GAAP"). The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from these estimates.

 

The significant accounting policies described below, together with the notes that follow, are an integral part of the Financial Statements.

 

Revenue Recognition

 

Substantially all product sales are sold FOB (free on board) shipping point. Revenue is recognized when product is shipped and the customer takes ownership and assumes the risk of loss. Accruals are made for sales discounts and incentives based on the Company's experience. The Company accounts for cash sales discounts as a reduction in sales and sales incentives as a charge to selling expense. Amounts billed to customers for shipping and handling fees are included in net sales and costs incurred by the Company for the delivery of goods are classified as selling expenses. Federal excise taxes are excluded from net sales.

 

Cash and Cash Equivalents

 

The Company considers interest-bearing deposits with financial institutions with remaining maturities of three months or less at the time of acquisition to be cash equivalents.

 

Accounts Receivable

 

The Company establishes an allowance for doubtful accounts based on the credit worthiness of its customers and historical experience. While the Company uses the best information available to make its evaluation, future adjustments to the allowance for doubtful accounts may be necessary if there are significant changes in economic and industry conditions or any other factors considered in the Company's evaluation. Bad debt expense has been immaterial during each of the last three years.

 

Inventories

 

Substantially all of the Company's inventories are valued at the lower of cost, principally determined by the last-in, first-out (LIFO) method, or market. Elements of cost in inventories include raw materials, direct labor and manufacturing overhead.

 

Property, Plant, and Equipment

 

Property, plant, and equipment are carried at cost. Depreciation is computed over useful lives using the straight-line and declining balance methods predominately over 15 years for buildings, 10 years for machinery and equipment and 3 years for tools and dies. When assets are retired, sold or otherwise disposed of, their gross carrying values and related accumulated depreciation are removed from the accounts and a gain or loss on such disposals is recognized when appropriate.

 

Maintenance and repairs are charged to operations; replacements and improvements are capitalized.

 

Long-lived Assets

 

The Company evaluates the carrying value of long-lived assets to be held and used when events or changes in circumstances indicate the carrying value may not be recoverable. In performing this review, the carrying value of the assets is compared to the projected undiscounted cash flows to be generated from the assets. If the sum of the undiscounted expected future cash flows is less than the carrying value of the assets, the assets are considered to be impaired. Impairment losses are measured as the amount by which the carrying value of the assets exceeds their fair value. The Company bases fair value of the assets on quoted market prices if available or, if not available, quoted market prices of similar assets. Where quoted market prices are not available, the Company estimates fair value using the estimated future cash flows generated by the assets discounted at a rate commensurate with the risks associated with the recovery of the assets.

 

Equity Method Investments

 

Investee companies that are not consolidated, but over which the Company exercises significant influence, are accounted for under the equity method of accounting. Under the equity method of accounting, an investee company's accounts are not reflected within the Company's Balance Sheets and Statements of Income; however, the Company's share of the earnings or losses of the investee company is reflected in ''Other operating (income) expenses, net'' in the Statements of Income. The Company's carrying value in an investee company is reflected in ''Other assets'' in the Company's Balance Sheets.

 

Cost Method Investments

 

Investee companies not accounted for under the consolidation or the equity method of accounting are accounted for under the cost method of accounting. Under this method, the Company's share of the earnings or losses of such Investee companies is not included in the Balance Sheet or Statement of Income. However, impairment charges are recognized in the Statement of Income.

 

Income Taxes

 

Income taxes are accounted for using the asset and liability method. Under this method, deferred income taxes are recognized for the tax consequences of "temporary differences" by applying enacted statutory rates applicable to future years to temporary differences between the financial statement carrying amounts and the tax basis of the Company's assets and liabilities.

 

Product Liability

 

The Company provides for product liability claims including estimated legal costs to be incurred defending such claims. The provision for product liability claims is charged to cost of products sold.

 

Advertising Costs

 

The Company expenses advertising costs as incurred. Advertising expenses for 2012, 2011, and 2010, were $3.4 million, $2.9 million, and $2.3 million, respectively.

 

Shipping Costs

 

Costs incurred related to the shipment of products are included in selling expense. Such costs totaled $5.6 million, $3.5 million, and $3.0 million in 2012, 2011, and 2010, respectively.

 

Research and Development

 

In 2012, 2011, and 2010, the Company spent approximately $5.9 million, $4.0 million, and $3.2 million, respectively, on research activities relating to the development of new products and the improvement of existing products. Research and development costs are expensed as incurred.

 

Earnings per Share

 

Basic earnings per share is based upon the weighted-average number of shares of common stock outstanding during the year. Diluted earnings per share reflect the impact of options, restricted stock units, and deferred stock outstanding using the treasury stock method.

XML 50 R32.htm IDEA: XBRL DOCUMENT v2.4.0.6
Trade Accounts Payable and Accrued Expenses (Tables)
12 Months Ended
Dec. 31, 2012
Trade Accounts Payable and Accrued Expenses [Abstract]  
Schedule of Trade Accounts Payable and Accrued Expenses

 

December 31,   2012     2011  
             
Trade accounts payable   $ 13,387     $ 12,263  
Accrued expenses     25,113       16,329  
    $ 38,500     $ 28,592  

 

XML 51 R40.htm IDEA: XBRL DOCUMENT v2.4.0.6
Quarterly Results of Operations (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2012
Quarterly Results of Operations (Unaudited) [Abstract]  
Schedule of Quarterly Financial Information
    Three Months Ended  
    3/31/12     6/30/12     9/29/12     12/31/12  
Net Sales   $ 112,337     $ 119,569     $ 118,152     $ 141,766  
Gross profit     41,793       45,134       42,565       49,461  
Net income     15,480       18,014       17,349       19,786  
Basic earnings per share     0.81       0.94       0.91       1.03  
Diluted earnings per share   $ 0.79     $ 0.91     $ 0.88     $ 1.00  

 

    Three Months Ended  
    4/02/11     7/02/11     10/01/11     12/31/11  
Net Sales   $ 75,441     $ 79,622     $ 80,512     $ 93,241  
Gross profit     23,995       28,465       29,127       30,172  
Net income     7,947       10,813       10,737       10,518  
Basic earnings per share     0.42       0.57       0.57       0.55  
Diluted earnings per share   $ 0.42     $ 0.56     $ 0.56     $ 0.54  

 

ZIP 52 0001174947-13-000078-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001174947-13-000078-xbrl.zip M4$L#!!0````(`#J'6T+`HWG.S^X``('*#0`0`!P``L``00E#@``!#D!``#L76UWVLB2_K[G['_HRT[F M9,XQ6"\(D#.9>PFV,]YQC`\F,Y./C=2`-D+B=DO&W%^_U2T)!`@0(`D<,Y,$ MD/JEZJGJZNI2=^G7?[Z,;/1,*+-2XY;^^=M__]>O_RB76Y1@CYBH-T4M=S3V/6AHB"GAOT:^8QG8 M@W;1$Z'/ED%8N1S6&U/7]`VH"#<525;+DE)6-/0OI%]5%=3\$A1\Z5$;`7T. MNS)CHOR& MM8$(R^'@&C,B7H;>R%XH/U%%:5G7]4MQ=U9TA;^%HOQN5-0D5C)X<",!.)^5 M!QB/9U7ZF/5$R^&-A"H6F87$()0BTCK)`& M0U`;A'[EC%\Q8TA&N$/Z2`!QQ5O\6&+6:&QSK,6U(27]CR40>SD2<.6%F25T M&;0#V%PU1\0QX:]W:^,!LLR/I84KE88F:Q5I_G\)&:[CD1>OPYON4W=4CK"" M/YX;_((_T-=R7:C]6Q_;C/QZN=+UG**63RF_:#$#V]\(IC>.>0W#4!"W[F;F M=):#>P&EZWJ=$WWM&OYH5N01Q.J:MW"-":K7WLV<[-MO`<5K>UQ',N=J'<&S M>YF3RV\G$3SK<97<@)>X3B3>R874N$XD]KI*;A>&Y0*5_$+FQ,E2^8]%LG@W M#TI_#9HO(9,8 MU@CLV,<2AUY7:BIPM\#8!I)6N`QL2X>,7>K!_2^$HW%0@ MEXF_M6Q"6Z#X`Y?&]6GA>N:DWF,Z(*AI&`1Z$0Z:Z"]._@(!RU0_^CW;,FYM M%WLQFF-7>:_U%&H#)-?*JK12?$EMKN,J4U9+O]6K:JTFBT&QH#ZNW+KV& MV9RO7A@,5O'9(0:QGG'/)J&!"5S.G:I4:G553S$ZY9")Y>+;1F=#JHMQN3LS M18(`HE%2F:B9))6=0%"T@T&X)GT"E\PN?FDR1CSV*-;%WKV%>Y8-NATX1MM* MY2WO6K4V8W4K,=ESE[,@55W>DSL+C,TGXL`7<'(='D%YM+%S\S*&'^3.,=QP M'DI7%,12E;?;(7G!#LU%NEAW&]-E15V0:0KZ\F0]8Q.\6=Z*=%*<-S8H=\2Y MM,"Y-..\L:.F-[+B'`K"`/%'8Q[?8U\9,5O8-GP;1&HD09\G2CR&7_$;] M"K9,XICL$4_YW-\<<6?@D5"QWGWR>XS\VP=GX.8YI>#2E)2M1AT88=Q^%0.7U6JAOCM0N@45L00 M+GVVERMTOJA*\_DB!6T)#-]:T#RYMYYA;0(++&=@<=2$PH"3Z(^XKA$38*2> M]1^A90_`2G="[&?R!?@:+@%S>'N!DZ36=:VBR+J\17V6/*N$:IOP4Y+P.YR% M3'`6850H?RB^43NO$->(].SP='V:"9[0SFO%$TC/#,_ND)),%%0T]$H1%;1G M!^G$S030B?M:X9RX"RX[;0@=/K:$?G=WB]+PL2S5I3W[Y`M*ET\_49>P3Z;N4-,W_ M\YG'G]]'`WYCF;PCX]5Z38^/XHW$9,M9SE%QK2K%HH6I.;N'Y7"[WZ+$M+Q; M;(0&J@MD?;)=X[O@;$N9S)_'_6Q['_Y1+E^W6]UOCS>(;Z!#CU\_W=^U4*E\ M>?F7VKJ\O.Y>H[]_[WZY1V"Y4)?"0M[BSA*V+R]O'DHH88]=MQ-LQI-YY?!K MV8O5K)B>64+E\L\#[P.GP;2>^5<4^QZ2]N1AZMU2/.!H!A5$*8^'5Q#SIC;Y M6/K2['R^>RAWVX]72!J_?$"W[8?N%9*EL8>ZU@AFP`_-TM-^_O/C]< M(2YZJS_]@/Z\Z73O6LW[Z(;GCF-US:CN7W?7W=^#G@7?_$&YTV-C@<"E9R94 MB7=GDS["."@7`X-MYN<@UQ7H1R7$RO=PX"$TY&/4(1K$OJ%PA\$K$'&#M3 M1!@'P&)#8B+L@)UAQ/`!1/23HJ&19=M\4S`ESZ[]S+=[!76'%D/]P$K`_,:@FD,F8EQ@Q_&Q;4]Y(1)5GA6E9(1Y;`YZ]QE\>$/J M^H.AZWM\Q[$,M4W^1:F@3RZE[@0(85#6!(:\A3XGKF^;J`>K)F2!&:+`',(> MNK_[U.Z@]U*E457?\0LS/%3Y0K3\"QK;/N/P`"\,FAR[%K?NO.E%[]PN_@*:<&L"0-Q/R)[8AN4X%-1-( MB;B5%^4TP3#7.&!>1V/;XL^O`^QY$6!T%)!JN&#[,2<NYD]C8-=L.W]B:O%QVHFVH>Y4@_N9C8K*F8)_U,U>CE2? M.Z<-'EA9K;;MV9"REOWU-&X&H\/W$A`85+SH8S"*\6`]%&O*%P>$)H"0P)ZM MQV(-D7,DVG2`G3#2].C:EC%==/XVW#\[?@794.C`Y]_BLA"6P)\9B!_:G#]Y M/AU=H`X_W1.0$.S;#.SY!9A[HX+>X^[9`E_IN@1=1/'"_5LD,(!&MSU'A[IX[ M)L&\!OX%$`9#7VQ1#I'\RN/9)N+;J4G@@&![Y'*?R[91<&[,"^P"?V[.9F"N M(V-&+.^+N?;,$P3?BA&;0&N.+_`"SBQ`<,QAA+8G0Q>XX^(S^>9=J^?#`GA1 M"4"6PB%R1R!$P^)2"7>#`\OT._'>@&_4C7M"-G/C0R"0'^,K38#VF03A`F1@ MY@EW>X3-4#&91XC-1>Q.`Z7NN>"(@K/.+"@R&R>B/>&%@YE%X/=&6K.LU!5T ME]!?('YWM=T+1"P>5`514]"(0+1B:`6J$N.)LIERS0<*J/,SQT6,M,4A(V)[6D^,Y831#EJ1W'Q"L):]O M.N56^_Z^^?AT,[+#<-PCI+,%K!=X'U\_".$AH+C_NDUB5\Z'MZ'Q)6=(6 MC_[M,KRV<;Q/L#29XT-Z>2549-97LC0_-5M_?.ZTOSY< M*)IV`9^_K(;#UQO4M>%M37LGRK__C"WG%W"/&>.AOF@A$7K/X&)B\3QXO32B M">;=X2'WL(V?=A#]O*X2\J/4]^_YE]?#9D-]"VPJ&V;`;1T?/O`F0U@D'C;: MUMGX6^K^ASBP>A4[>\N]8&LO&@D1/B7OH!#Z8U\]>PX\_LRG4I%"RGMBCB` M*R(0\_D]M#)L9F8ND$.\]#HP;W]O68DFD.GZL&Y=IP@;II$=VXRI@*+O-(L> MQOJ/!-Q[5=:S06X':_.:`:L>-JFE8?WDMH;L$S=,$>F;!Q"7-_4U#8/ZV'YP M'2-VH']KJ=RW[U7G.\&W$I,]=WD?;%?K67#7VL!300DG9%72UK*RDE5A'P9R M%D4]=N9\*_U/QI"8ODW:_:5SJ5TW.IE*'DB85\LRPL.'_$1B0H0^J\;.4?SY M]/#FHOCH+[$EC9BH^0S>*<\M-5/V[@M"X%X:4H`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`IXO*`J MT'\7?X?F-U.1*+(#VBM4'-HF:1S`Q!QI;B^#,1N]>)>_%J-#&*$P#N]!VO8M M"14_9=D@6E%7%%6K:*JTYDT^J0(>28UL/*'IA>1\5;0+63XHY^>;32\LURY4Y:"DGZ>1V.E59G/) M)2>IVKC0=DL"=<9N9D@`.WVGY/2O**5K5LEQ#@Q%;8QGI8WS'2/^*2O@.&P* MZ>T-HGUV!=D,3IKH^K,F8[9_$J M&JPDLV#;'XD,@>8U?\VG88D-!?#=)F)G`?A*(_ZRU_!=FI2_N,.;/MI8-'OS M;]\:CV+`9-)8[AHCUV1]Q2AG0OIK0#=O?TS1HT3PA:$KMBKS;UG,-?.2X?D#3V;R?S,Y%:!97,BZVPD2XIE^A"[:5@MWDETV?1_(PRUI#VU.RV?#]]@1]''\4 M%NNJ=A9TL8(^AO=:EM5:_2SHPDUW0;[NV6`?QV`7Y!F?S?1QS'1!?O0K-,Y= M_'+3[Q/#XWE'DBE)+;84;1W)#U8;VN[#+@4[IX_W<=Q1M5I??H+R9O`^AE?8 MD'8/N/P0+*><'_E2_$R7P^ MMB_0A%""?E(K532R;!O4Y0+]I%3T^2]>%*ZH\RN4L#&,4>N9V--*1L7"WZ@N)QH986>?=DH=J;,D8T"'SZIN[)AVZ[!]Z`EST$+K*4J M6FSV4&69W50TY@]!<1*7Y9.$($HXJ.L5M5$_,"7G2B,;`6F<)"!1ML%4@&S+ M-K@3(,I**JP]`1')^&Y=>NWZ/:_OVZM'8Q:.B.Q2(_=MJ`UM!8+4Q!6+1-Z9 MT1*485\D&"-AELG@:^Y'F:2:)B^1+SK>3E>&;W](VOE;K]?D/>C*>T=RO5IM MU/;""P0CR_4&#YO5=I-F0K5--.KU6EW;5Z1I25P2[(XDUJ6&KN\KW;0D+LEX M1Q*K=;FZW\``F=447:ON(>FD>IO/`JA:=6]9IZ9R2=B[4ME0Y/K>TDY-Y)*X M=X92D1I[41D)O*KO)_"5>IMS@NM[6^O4-*Z*>R<:J[6&>H"TT]&X*NV=:*Q5 MEY^$KJ5QP>^(7\G=PZK6E*J20.4&UV$]L3E/C'I-5Y+FZT1:6Y@-FX[)/_B9 MO6=L\\ANTVMA2J>PKI[O8TU5,F]!-&1)6YSS4Y&5-\^Y.F":K"JGQG+N?KQ> M;YP>SQF^X2GQ[20YL1QL_KAS#$I@.7Q-@L\-G"=7*#3R6M=TI9H"CF12BT2E MT%UAH"2I!L8IP%)@F#!O51'/,183GJ7[TN/J`+7TF\X6LOHY+0>`)C^+6 M902?/X_D,A+/O\27F+3.SR7GSR5%/F^34/X,TB.4,*_<(YCRQX\F&;N@"`Q- M+&^(^I:#'(]&[])%(^SY-'C+F\@03@E!(U#](?RFR":, M(>R)S.$>D,7+X/]G[UJ;V\:1[5_!]_'I/96.;&=<=W$=CF>G=V/ MM`A)W*%(+1]V/+_^HD%2HO@F15"4X@\SL4@`['/0:+P:C5GDL@C.$H&+GC": M077A;77UM$G9J.5FS(*[6EF1TP/D)#@(1DQ8B.]MJGA?,"*NN):HPP!YKRN( M^@"8'PLV`=A\:-@;P#@L0=J9UH^OWC&O7>\Z)"J+;WP_A!(VL%OEFFJ:3G=" M5+%B)V0S5J0='J]%N;C"?"DNZ*?SR\:;2P8[8ST850JL%BA5FT8;JM1S3CH7 MN2@75YBOEBI99LC5I?5,[*=C^LDUGV2$89-_S"P]I0D9#K!+KA[EII)8R$6I MC"SALQM)%\'GR91KJHT)/:L!*'>J\ M(-L1(8_VSAHBS^Z='1)YU#=>A,'2]:R_\M8M^YY=N\[W\%Q\P6\ATJQ@_2%D MUGY'@Y!9.RU$*%4-T1A7(XLFR1PD#$S+`$;O2EMAAXEH(Y7M>\;6&&A98^PP M(1TWT&';I""*FB`K2H6Z1G+U5(.#M4-!E&%C5]@7V%T80.7"!7#%Z%()!JX[ M7NK(*:$ZQ/GL%7)ZX(BZ%KQA*XYSM2F8.;A<%:4P9I7!:S!;.:PL-BU MLH)S"6+&S28K3>=Z8=)\"@#(2DL`V6B^._&)*]X/>PY7X(7<,*M,LOX@#KDC MK&BR+!P"XH#'?C1=T;M")`;$";PH3H;E_TEFN/#`6&`^QEB>((Y`(9/_\9PN M3E5>XK6IR$?2=XE$45I4:@8?%JS3\5(:>[G$?8*/PD&T`E\=%J(S>/40X"$V M0ROPU3$:.H,7A@=?H/9Z?VJOMP`OCT+MZ\"W4/LVX`_2YG-J7P>^A=JW`:^, M0>T%KC>UWREJA&T^K_:UX)NK?2OPXAC4OA9\<[5O!9X?A=KS_:D]?W1J7P>^ MA=J/'GQ.[>O`MU#[-N`/K_:B(&E3,C)3R7"33#9@[LSOI?S%!=80H1]^G-^< MB(8-X8B(V&D.S8EHV"B.AHBH:9!JC-NR)L!"FBYU[1#*2JJS"OJA&D,;Z-6M MH"OT`TQY<[4NN-9;01]#6Q?YWFJ='S?T?*W706]>ZVV@ M'VSPDQ98Z*W6A1;0#S;B;P.]>:TW@\Y3Z!V1^ZYMF31EX9FDB@1O1Y'&2COX`TMR%8#T^@OCEV(P(\=$".]@S;/L5 M&;,97L,;(PK@`SX(:\\B]*UMDO#=V>>+B_NS7Z:TT/4NS]LS2_Z&9V0YT`+F MI#*MX#4ZOP1%(`^.''FD2"(T:83T-M_`);_^Q`@3W"LJ&)PG,WP_7*VC\T_! MT@B00:.>TF--1`#7H^*N:+@A>L0IBK0`6>WME<_TMVGY,]OUB:V`A+/D@$VP MFS`JFK1O')VJPL7(H,`R&3S\C)TP_NHFL*09TI->VTR477I@ M"/U/F&CVA"C1`L-EN)&N`=>."ZI$52=2_PD"/V+#H8?P%D3Q$5'C(*GL(G/1 MUZ&XBJXCVPOYP5>"`X[2/N,X%'#<_12\.9;S;^U`,;^0F\M$N2B2H@&$J";+ M@43OW\8&`T=(IG&LH\I`J=KXD;K^"#;&1-.@_P>#2:QA8DB)T818QZ%C$G,) MIF^6MD]PA!@>0D=-NNY51"0]0[PQP]2.EA9&Z"_*-26CCRB1Y<<))C1'/$BA M5/U-U#_XR*C>G:!&UGB2K0E289595G0U2*P)<+UC770ZZAY M654.BG5`)9:DS%7.';#2H<6%8WYQ9S4-MSKEL%[ANE!8R=4BLL4_J,NX(A9: MK\/B']*?G)?VQ7^)YQCN:4F'EK_PR$PT6B_\PPJ6-XX)<11"PRX+KK]O(8.V MFFR<_7V%'R.?0[;"'X//X5IU-O3_`?G,'7;MG#MB014$+0HJI4YY&8ZUB;S8 MD<^*LNK")_&"S@G=.2X_3GLX4E55'KB1+)\9MK+@MN*U5 MW([<\JHH\J=%;JRX>H^*6U)6';D*?UI&(;G;25.:-N$YTK9*5:1M84#!ID6Q2*6]VA*1AR MA9,O-NI=*&B"?0RJKPE%LTG;;9)AV(U[N=AJ-1%T2$Z&;`5" MR>1V?)P,N,9?TEJZZPX#^=>LK\*2Q6*(>4GZ`L38Z5'1 MBF<>K0%]V;I,W^*@&-5N&N9UI7$UV';EZ1\@X[I3A;K*VP-@^B:]9DF9UZ>J M%O=#U6*Q1LVXDF5!*YX@]8CZUG5FS8%O4[.N<;%X/EPKUS#@&5<\P=ZJXAO# M+[5>`]AD051+5J[34NP#@'6MR#I?8X7J`=#I0S$$^HIY+$ MU@<(\D?R+!Z/[BQ$.V8\//6O5FO;?<4[KXO![U4DJ MBE+-=&$4;-^39_0XY7X,)\4POQ=:X>L&@JUE'BN5K(^\$>K'2B7=[/MH^+M[ M@_00UW[DEA?,7',YK:;/Z@'$,?//>O#&UXW=#L%_?.L=W/%X,9MY(1'W`HXE MP[FT:]>[=,.G8![:%]&!N<:FI66Q[*VV4+Q#TA^$8V6>M9'GA=:CD+Z83TU1 ML^RE7C'7/5732X>]*3GVA<&Z(C5%*%WP:PDC4]\5J#(I6=>5)G'%.RN54K&% MS'HFRRFEPX+](!?.T;/OF:\VE(_6LZ+TAXGUS$YN8D\:8Z(1BBPS'D+#**+* MSA2D9EV'.AS>K@=<(-DP\%E;7J[,OZ,]?LO!R2CRWC8>:P]+WQ?7]BWE`_5VZ M,Y@NA7V'(^?7W?83>9P\LE9&71%Z4,9V/$+4LP<%SH]D^Z?`LP_YL6`ZH514/Z73#>O,K2FZ+LTY` M=L@'K?K\YM+>P%<0%_$ONKIV-[_W+-?[AKUG:X9A=/6)C,"V7G$=LA8H1D6@ MO'WUI)>H><-SE%>A!AQUU2AV',%"U<,F4->-4]5?W>(@T=#:X>/^)0]JGB11 MK3?0^V,Z[@H9-`".RN6W)49=(:3X8E/18]74?^-4;/>1L7X2O<$VAO3OL(5G MV#.8PUC.(DYT]V1;"]HK7EH^W>-X@/C/)?QV*ZW?:7`VXKT$$>\Y69`KS4HW MR8^#WEYGQ\7T2NK(Z87B[N;I+6K2SCUL^#V075XVT_#344TX M,WY6[,X/?0[>UF&^B(9CKE[MA7U6(Z->G:CZ\(K;SCI6(COT::T M_*N?5.:%8HI6X!FBY;1OB MVJ!5-#5__/9P:)D?_I!KUTRZHO7O#6#\123WK*:1&^^-K?)3"*X%=DGK@JQ+R(1>:B3D,%\->N\"*BZOX[BSS M.@Q(#YEDVRGMQDG"S)-AGV'_&QME7'4LC?DFOI*/T=J/Y/W0>TN0]L3M;E', M70"YGHC=%;N6U>]K/-L4F;PP7NDU,-?6,]X6Y3\N,1EI@NM%&:^="F.NLC04 M7`VUG23?BURHI\<7;#_CKP3MLFP+OE49S)54VH_)K+Q[$0B5`573A;@D+VO" MZ)4J>Q"6R+D_46[8J=4F>9D3U<#\-9%S;Z(>EQ[NK%(T,_-&J.U/%15T?ZY> MW,Y,O;C,>6HP5&D@9E.6&KO5E6<8UG%#%7.G?QI+.B0I@SI/*')3G6E/RK5A M>?\T[!#?S6OY*$S+/L05GX\Z2=2E_JG$#DW5AXVZM"(AP)U:,6#I@AURV6'U@>UHSYD\U6'S1-'2L-&'1K14*`.K6C0 MQCL^B+5!ZZ@-V7PU(1"$.I_G0ZM#(QX*U*$5#R*GC7341&M6XG6^@SH49*O> M41BU;6A*0D87VI*@2&,>1?*\QG70A()LU??L2ODH@N-@@=9J4Q8RJM"6!47F MQZP+HJ`('72A(%OU?LZ8-:$I!QE-:,F!++$QC*%C1F'@0S_*5T9`+B'K%91S M7N>TVGED3BR6B!FO'Q#$#:8(K1'?$!$][`?I`'$528:]?)J8^1K`:=GZACJH MMX1<>P:W#=1BG\82T,6)AW63XFO[\V(IAR!BT'7Q?+R:7GB(0]O`GSY* M_Q"GVOK;^3?.U?<9]OUT7W&Q6'AX`1>"5.0LX768CX_!+W48I&^5/0I'U5.K M[#9#7L9?'<,&'&.(/V:]CF"3[63J]=YS_T-WR(6?/JU>N!SGCU[-)]7_ M=J_F;7"&5.R.RQ`_NM]P$-CT,FR(QOPI]`+#LNE/OJ3>.I4U\#2-$^NFJ9U0 MC)_FH:]JK0M-QX3F5/B0$O)2*4XBCDL[Q*<00^71\!8X@*CP,VKA[K$W(\IA M+,J<<18N',ET:L7IN?<=F\JFM4#X\LD/3HOI`Z]AG%N2&I&OH_*KL M1'GMU2G*']A:+$F?>/&,/9*<=IG;OB7%20K2:$@*)6<5,C MZV$(BC80&Q*4W4!L3Y!^=`1%&B3H7=R1"K+5$"0T)J@R/,DJ" MF/FL%(&7ZO0_`0_MX.?V^#7 M6BVL\B6'6GO`G\1)@$AK'H:GAO>:3A0%M*TBIF$1`P=U:<980]G'1N6@7DX- M&]_14CF^=MR1RK7K6\'.3G'JR0`W16FY#I$K4[> M%!52?0Q+5+/'C_90EZ88*K6F-091XOO"0!2@*89*'6J+09.YK,O[?JHDZ3VH M4JZ0:O>-K'_K?HK4"$&=(K5"H.7B%^RG1HT0U*E1NSK(^1@W04#^MNGX`>Z6 M3ET_E$-6EG!$/5R9B"S1#]M3:MK8T(^DQVT(GHR6;=\?O]Q\0F?G[]__(7YZ__[R\1+]Z[?'KU\0:6WHT3,<,I:%.8/]_OW5[1DJ M\$1X?'C_'SR^^W'R^_17])_0#:_[Z`7V]>/A\0QYPZX#\ M]_T#NKZ[??P5\?#[T5IA']WB%_3@K@QG$CV8H&_8L^9GT0>,U?J#\^2OJ13O MUYNO!L:3C9,O1Q\Y?[R[_[7=1Q+YSC_>/3[>?:6Y24UBV_;7QLQR%K!:2W^O M#=.,?V]E\"JA__/JX?'FT\67Y$7@KE-YS23O'S>7C[]%7Z9L[R(.S((LZ<_9 M>$[>)X5,9G-+BMD^:E1Z#.4MR;/.G&PVB7GXU'W@?>*F_ MH?H&4:%2#6*JMW<.NL0SO'K"'N*U"8*1X83ZA`!OAO.*#--=$T,3N9]8#OIJ MO$(JGB;RP?(L7=O$GD]]9MQG2`JO:)IO`=BQN_6&?.J=P0@8)L0HI*R`1/D`M^I6.8-`X!DBFX<=+'V+!N>J1/P'-H6EBHD0FI$WX[1 MH*5A$O`!>L+8V2`M^$I$!7F,%Y8/A_S,*6$:S4./>B"ERR1T)`]>+"++$ZXJ M>#JD0AZF&63JIT#_J?J7JGQ"F!IK_(T#[E'@:T9K9J/9Y/W-?4:Q$Z4F$EGD M,3%6)KAM03?M&53)H[97T@!6I#VFZF^GFB>@98%GS39O)D1!HKOKXY3&B^&9 M!0GIV(BTR;.';[]O6\O9+Y$L<=ZTDYP'6U]4U%=H;!$V$(ZH&OP#*NR!ZQI1 M4J##F"TM_(PCU[PY6F./M(`5;4(;3SU_BOY)Y`+ON#AKY+9F4$4'#SE8K$1/ MKYL:VUAZ\F-E!0&A*F[Y'UT"%'YL#$Y9XY[(3"BO`!$ M("-Q#8?O:N).J02+0XK M<`/#CAZ<1R7/TE!FU&N9NJ%2%U5:+AS^QQL?T>AZ2/1B^.@G::JB%>DT2-8) M^DDD`_S-+\#WDS!5DB=06-068`X>O8<9&>5F'35Q^W5D^KWO!TA9(?R5'OI$ M0\YP,]ID\-F#M-MK8K+(0&OM^M$(*[')2;/:U=>=44W<&.-N:[?+#?VX1ZUO MEIMNV=C>S(3`.9M8TV"9:',T"7O"MOLR#FW;F17&RJ^#QK/'F(LDZQ,H`Q2`?->VS`\H76-T]`%K&P#<`4\= M*!",#QO9#HZ+ZU.V])1WJP4?+S[]W^>'N]]O+T$?[QZ(-(NG=P(G3019GI!_ M?\FO'>0UI78M0.5^INDO+3B^0)KSJX5MLQQ>G(W_>?]EB(YET$K9%B)$I0A3 MO;L(/Q\?7FY:H8.M\39503*O"/!^>D>?W-Q>7H$]/1>5J;XF3Y-6\^7J^G%G M@2J)((Z>7;CJS[:"USSNKE73O3YH3DF:5ABXPH\5:-JAA&^E0?NI39^6BZ9Y ML/P_T1PNG_#B^9U'(\R/A]W]R3UFV0>S)S3-QD;8L&IQ`!Z;;R04,XY([X5> MX;ZD'H4;/VJ%3&;[17V@W8,#30!A>6&[GK([W4N6:Y*528M,S$*ZL@>K)=DY MV\HPHS.XUCSW;K8TG$4R22S\G$'=#V'Q([1-6`[UR0S'FELS\FG[%9G6?([A M,.PX9G]]3?J!_3F9'[HO=,(=S2G#UF7/#B@L<'8X7C^ANV*]# MKT@4S7UY;JC)[TG,=N.9>W9:2/T`*DS9,4QX2Z`E)VN@X"43Y?:L&?ZQN?A,=Q,NB;'<>0P!IQ"-./5CT_-`=V"(7=AY^BG>=PL- M>^?Y%VN.T3MZI>0O?6(?8@836UE)BR;?=V$`@3YHU`DCMW?%52QCC&XM(EX[ MXB>2KDUX>8\5B2:"]`__IWU0ZU/NQP(L37GQV`#WH^#JE&@(HI*EV`BCTUFM7AQT;%+?49!@]GK;Z3E24 M#JVU8*QV(`#:E&]AP\>JWN*4EX\?A33M#P3S/C0UE\AN4R7-]1/XIME%K77H M2=F&L.P"4$];X;20\S9CH6.8RKZQ]L;:&VOC6#2!/ZM72(J<;P[4D?$37A7: M+7R,M4_6I^()H)"FDG+\*)2I>CSCHW&O,;2PA&/5AC<(IP7A;5DAM:R@2>)$ M:MU_CF=909_*VO$K-^DV3P"%?("UO[=EA6.9M+RQ]L;:&VMC9NW`RPH%VP,' MZLA$09NHI[`SJIW*Z*CM,8\1HE!:GU5Y6U0H&_1/M%-8+".ML\69N;&B$(6I MW-]RV0$G+_TM7+ZM,*16&`1>G6C"\:XPJ%/]!'H?TH>>@,64IOT-9]Y6&`:? MO[P3VKDHEX'OU0-]Q'QI4Z75H?JWB7)B-L0)[?Q16%ID7L(/5,F M7#QKI2>CXY!QZ,U81]4O3&2-<9]\HM21T7,+-_SU=(X;'6? MHV=A*L=R0>!R"$B,3096>ON9SA5$BT"F&Y)^I/?:+R\\W7+4B:;NU7;:T7`@ M$BM.,7?G3I\*+=99WYA+VVNMU?'HHV2.;<-MM?O3C<$?*S16<5!X&MIJ$Q7> M@@LT'=^:;:-FP=40F^C]451NZ%IP:H*P>1W'XY90'&][9-&M!F75B\.3_,1HY'%701:7NSH_/K;/0,")(1``B19?-F- M!3/TV_3TS/3TX[T`":;P&E>;N31YA1D$,K`]!C1`@!167.X,]((?8/7-KY,J M^*S^.2.AM.[YVQ'!=1&PAO`"X6*^GO_<#`(T%"S"!IT@/L8&9)HP-&UW&T#& M]SGT^\)1,MA(")9(!Y;G@E%":Y=>0MM+^#_:<0XAX.WKY38!(5!%396+\4\X M=DZ,_`,BVH"UPKP"0\QA:K53U!BBL.*%NDBDUCZAG8VRP+$;HCH:[B_)%[Y: MRXI19IH"@QBJ:ENJ4L]&59*(HC2:L/H"71&NJZ&H**2UD7L&NMJ&79.;-B#L M,3FF)3ST38S4%SS0D0:*T`R`S+'7 M;UT&37^FH$`<-N8[@@)M#YY.TA8_T6?;91`Q,3I+`$$U*/:?R/1#,#*(=;`( M81X2Y@D63#'Z'4<#*T91<@7'IA%V82\1V%8">XCTJ6M#T+7$76,H26"C.:0S M80H!/<3WB;E?\/6S`)]]?J;^X()5WTV>\H*Z:WW`2$H!W>+P;P7WS/+\N<=+ MR"^#.JQQ#(/.#J:[@YLM@7%6PLTS<';7D8\ZX8Z#*`9#7=M@,9G98\65X?HP M6'=DF_I!QZ:G:T\QQJ3QMQ-HQLS[:]XX;1.O M.V.YA85*'-2*!)RXP"KLKB305.(-]^R""?QC$U._L@@K.^'=;X*OL[AI(+/;+N#QU4<47W]P4`?JF2@JMIH MH!K:L!PLG>3`TDD,ELYZD(KZ*$.9OQP1S0MP]G#,2](F>E,/!U.2.$ M:++2,F\CN2IO4HXW:VR[?]N(JY)E)OW]$#GEIY"H_3AJ3T$;.%(&NM$R1VUY MA0T<0<0R:IDC0ZFO(TGA'.7;5N)(&HQ(VQRIE3A2(BP>ZH2M[H.B;OCJ M/#0:=F.&W0=()>%$DWQU'2:-2H+S)OGJ/%CJAJW.(Z:2.+U)OCJ/FSIRAYU' M3YWP=5PQ5"6^[CW'MA;+8Y%"_E;>:3KZ^$]\"G3][?/CC_L;81K.'.'^^Z>[ MV\_"Q>6'#W\IGS]\N'Z\%O[W]\<_[@00D_#HFVY@XW&/Z7SXPA- M/\P?4768)IWH`T_@!*:1*QW-XW29M?QZ-V+)_]Z$ M-PEX$DV:T2QXF1MY8WXHBQWA.?1`2,9\P;=].G$8.#F\;,_FIA5F4,S%#6>P M/"=M)3,Q2T$4)`2$/C6#R%_$+\UH./6:.CG=,KS+_46YI^A]Q+J/R$&8\[%P M^?CM_F.]L9`,H^4E*FB]"WYYX0A=O>X:>O.BNZXQ4"A^N>H%MO7+8$DG`\UV MTX_`H^9N4A:I.V7[O,^YSXW?^"\[IX]T%"8>'XX%9ZH MX[VRC%Z6"N):MF/S5),X^-BA`#9*/3=PEQ"[TGN8DOC-R<_?[NZN[A]N M/B*JN&/.`UKCTSN,W>JWTK?=R$?]P![79H@O]GO2!@N8`9J./*]=_F0?#KHJT,`OXQ:P6G*U M^10*3VSDJZ0`5U.%(:J596^ZSFIW&_KKZ/QPC% MFW6P&*>;&4^"KO?[KS?B/DHJBA0$%W%;@[<=2J(NUZHP6Y_^X^)8E42I#H+W MZ7,LCW!Z:(/CXYNEKM/U6S]/];R\L7FJRJS$&O\5;QH+ZYO&R59QO'>8HA$E\21^@8@4LA(-`B6='@+O!BBI,BBUB#F2V<3R;;JBS7"OWC" MP6U!O&5-)Q.:.S%ANX8;+J[E#DC<,=U4`6=9R"%7N6GNF&ZP6?9OJJ"F.E1% MI0[\2E^,="D[6<'")#U^Q$ZRTW515UHN6-X9``VK3EC)MV5BZ1V#B/B$N;J= MO(GRD3`IZ@I,2FI?AW-O01)-!I^_%\I"+T@4I&R`,(V]:L&F.RSY8<&?;1UUW<\9A:V".TXG5.\&#:IR^V%P4L(2@N MBD"6E:4$DQ^5!Y$3)D?DZW$II\ZG\\BWIM`]#TF34AB\>D($I/NL\$)@ M1@_[NC1:?GT`DJ;"5R^D`I'94?HD\K&X*;S)ZC2$YU'E]9'5<\7<`M<3L.33 MY=+D\M6<-M0'R]6XP)(2K*()V"'=IE,PHX+ZLBN]TY\6I7BBSJI7@7W_3=/> M60F.@M'`\ME,<%M@\BUE?6W*]V*C%(1WR_;F'\V??P(-GSTLI15!^V]S/-GB M\L0$L,JOMWD7)RK(C%6R]Z4J4]F5,%J\P'.*PFCMVD^A,/2VA/%G+FOJ*OP" M`]\WG8?0#"/PX8O5D!=754(Q-2MX:B#0L M*=;L:HR+#58`KK*H5AMV/_RDFHYKE>)#"JOCN5,BIRRJCL=@KD)!)\+"F91> MN>,[SS*=Y7NTNM`V==#MH(0WU)J>?A/AQR3#KL>J^A9%V.$81A%N7<+N),/X M!#TNH7IGFT_006C3X'/D^UB#G`EJVULPL)22^]UF<.E-\N-0*;G2O5Y!CZBC MD9RKH+>5I';X!.,OT?J2S\Q8J57,D6BD&3X?J/]B6S2MAINME_L5<7^P+N\5 MJ]C[Z(6FDWV.A72_>N$/&OZY+`]\S^YK??'\^"=\C^2$ULTG&[]E>D]^R'\0 M^7I=Y-TPU)'^TIYX(S;#/TY--P$J;565V[[>]KC2<5`5#:O..>W5S0\&P/\/ M9=DP!LIH2+9H?676*&I7ZE2EX9%J_Y_(#A=_L$/,6_8Q#+:_O;K4#Z;V'-P% M8I3@62;35M6W^>@8RH2,!JJN:/7&5%&[+>&=G%U=5*6RBBB"$L:#MF,.0\\7 MO=Y`QOY\M!U3R%IC?/"Z$67<\#?Z6A`=';\[2;T8I@V!JT/(Z(.=#)])V1C. M=IP.;+H0(_,C=9XH$*()LJQ&#*1%X2D*.;`)S\K(HDG%:+K0/K#!L4]LR\05 M@CMQ(NI:5&0]FI;E12YFG&`B1IJF3+DJ>&X*._'G+]KN\T#X7N4U3"6`K^68 MR0%_\C>#)6-Q:1H@Y=4.IS%LUGH*PR?384@>#U-*0YY_PU:)W$4!"7R9^*LP M]5XI2$;$`LWI22H'*99?+?_"M;8^? MP+K/PB_\NN"_$^`XT+=+P_5V"518$3L\/6B="\OT_05^A&,KVVZ1U"O3;`+G M,-HV4K9-&TVE?)1YY147_].B0?!H_OQ$73JQP7=YL^)(Z(OM`J4@JBO<=&"+ M3SX%[--#IQ`6RDA;F03W(?VXY-@EDH&B#M6W*\?N0#N(L8)`TJ`,$1I#E1,F2QG:J0QY:2[?Y%FIOC"EXV>6%QOYD^V\#V M%0M,KRPKFO%T^BN.WV[@F9E4Z6LC?)397UR M#R8^\ M*>[N0T&PRE;V6=O:4HW-\T&6COT9:5DQFB23^HS\9MKN'?SZS7TP M'?IMPM/9F/88,R7/.]V66HEL2LAJCK\NMXODX2'XZQ![59:;8?#>QSWO<'$/ MJXX0]W#GLR0GJ=JKG9KM2A15C<*V!="E71NJ>I02.![+KR0!ZN*=FRMW?#6> M@5N'A2[;'[CA*WG.>OD[W9J]9`SSL^H6ZIIGMU/G;<@*.32['6[)Z[HF[\$N M1B%@]1,['K/IWYT:*2%DJ.77)AE2JM/04D*X91D>3;V=RT M?9:>ZE_;P=P+3.?;Y,YSG]GV`E^W%8'E[=*P/T+O.",2U7'IH#X$KI!SRH3, MG@%3/*?$HTE>[2B?]>9-!"<5%$]B$T)/>*+"E#IC=B`:87VLUREUH2N>6N<+ MUM1TGRDKL&39OA7-L)Z115,\IZ*/S__%SW@B("9(L3A`4L\=;=2+V8Y M85!9'HRS,8V9>>)`@S;\"20MG4Z29HD-9JP>&E,=[VN&)&))L32KM51^O%85 M:VS[PF1Y!)_+FF2@BT'FZ4HGGBO\$WDHD)GI_TU#7NT*A#$1S!?3=MCQN^>+ M^`,:P/)'L;@=@C?:,WC%7VKD+U;RJ_#M)`LVTVLNF1>&U(S9?X;^M*1<\KA( MF:F%Q#7:8GXSIH#IQ2S]@569@W5AQ/[`/%S6PK>#OP-LYUFVF63H\B=\""SR MLMQ8O:VE5)0=\Q-VF0)79E^6HH%[1ICK5E1^Z1,%ET`S5U=O?L)$Y/ECVS7] MQ6U(9\%7S\59U/<)NDH;))NK_].%_2ZHI'\?FN+G+T=%76Z?T%D(AF] MCNKKJ+O]&E4E:J^BW3P=(A6U5>KZ:FI+ MD8:]LG;R?A655>H#ZPXM61GV8VLW3ZC+AJ;NZPJ+.BF-`'5UU"ML-V=856&E MWK"NP@A1=%WJ-;:31ZRJL5*76%=CZHCT"MO=)ZI&`SYQK9,M^2=:[Q-W]HF5 M%+;-)]93&!FMI"7T"JOA$BLI;)M+K*DP73EH5`\=;+JV6O9"?]#6WU7=\:ZJ MU/1=56ZG`AL*#5Q1/?7;J!/;82>$R=U,P:=AY'.8%CP!^3YX&`@37HD="/#M M8&RS2M#L&/+%]!DN3X`U/G*/\7@(3U4F0`B>9_%:6_E3(!OOP;*S3@H6&3WA M"2&>L>6^B9_AW6>(I#]-!IG,RJ;A.1#\%J/WL,H#>&T6L8+@(7-_#+*GI6.< M"L?)#>BK5!QSWWNQ`U0*.ZS$`FG)"=8$G+KW"A[@8]?]_%6*` ML,_?[NZN[A]N/@+5CF/.`UKCVSLXN^I8A-L`&)'*RX?''W=`NQV:CFVQ7GX@ M.A5U$64H>XVY.H@;0W-EG?]U<_O;[X](HS-N!9$2*[Y1O^AKJ`T0K/L_%SK' M8H>IN#,6N@+DY.P7\5H"AG@*2*.;&9.:)*X8!G3["#LV<7'PP51:,OM*7,;W MM"VAF+5K.J'`7`VLT]/AK5?;2?+6JZT5!.9]@.?C<$T>O6=/8R2FS5PDX=W[ M_9>"<1_OJC5E8E^V-7A;116->J#&]>D_+HY_4>3A[E_^]ZFP28BH#,]*L4.P MY%JHTJ?.,*A8'VIGQ;%(RA98NS-<=:)XG=HAK3,[;)JS6*77PT_%#:"5ET[R MK!-=U)5:9GH*04PGDI.56AZ\EUO+TWJY[20W<4347G*[2,Y0 MVI5;%XO`5:KD@;:'/NNU+I0[ZT(8>]&30S6&R&_W=R(XJ.LTT^-V,A7!YD1S:[,UF<4]LOMU^L;]!"71!D, MM7EFHKF[^8*>(_DY=CBZRK>0&417J?_<+*#F]]+K]E%\!*@-2K2ZC83W/;_G MQ6]K1R7[C=1T=-(E]G@IV!$[ M%/%D4"-+X=B(EP]P`BE<5=0?(!PBU<;[7XM;?EPB^,\Y%.T,3X>68 M-NGNXT7.W#'=XUD?$PD8;F[SX6!\&*),ZJ81'C!>S9O&-9W[%,$PCVDA,Q(E MO;D5P`'94*4:YQU'X%#Z-4UQ#HW6%T/9*5+;KW3&485I-18RF7#M3!1-1J(N MUZI6V(^11'1#<62T[%Z.8^F?9A)^I>%^2_]3KADQ%.4Z!T-]N8U4=)HXDEH7 MW7F5V_@\-=UGA@-3F,7J4P>6!NXS@K-@[JM9X02-I;JZ7BA84]-_QOX\@?[$ MUR@[S,?'&#QR?!9\T78M)\+Z$#'T3(Z2)<3)K_`X"*DYQG?X5S)?\-BM)CR7 M\>D425K>-MB(_O)VM)C%]9F9XSQ$C+F8)>G+YARD^=.>F2%U%L([11E(H$?' M`>F*PCNB#]3T3U35.Z(.]/2G<>2C+6`ZJHC_)?PM+*0@@JD$5,S$,QG$W4O3*(P\AE;+)TYYM(# MO9N^OQ">T),D[[+[TF`]]`6!BH#=N6FSI$SQF$4.>@2!5/`<>HC?Q;S MTCB`F.AMUW0M_#U12^<`5_^ZO!2^V-09?Q3NS6>8L1_H/Q$%D_DHZ!*$C:`J M^*LU!ZR1^K.(?%Z((;@`II<`]#'8/,'#SA\N<$YG0+ M*&$I1&JN=2G\L([(J.O(C5F"=N6C87#%>V)IG)O^L4PN3%0W$4K2X%2BCC8HJGFV.K0_#9;[>[!U M[SFVM=B`P+KRL$=?79\1JP.MY@YF7<\''1;$80716KH]$N&_UG!'H]HQ9^[* M-8-,/=$X]#93RXA?B>1IWEC3$>+&*&!K35QHXGH@=XD25C8TG'KC@?#=Q0@L MG$+XR'\2T[6$O?H!GUK>LPMK#OX%[!NC4`SDXI"%K8PN0CJ;>[X)JXBQ/8'. MV),+C!1AT>0LD"[J0I!)QT):=!+OL`?L!=MB*Q*(T.(U"@6_$U:^X*EGH! MO:;\_[?N59S/?V\N4%)7[AA^\2,ZOLM@>C_;^]- MFQM'DD3!S_O,]C]@[A[N'NX4?;.&OR.)],AEL=YWN)LN94 M!66BR`VB[!N9$O.%.59R$92\V"S7#4>C+85P[Q+KA+Y)_AE/E([!WAPCC#1I M5`?PR"AKUM];/@ZRWV^4"2Z5D;8?%=D+;0XC33*&/"X@)-M'2'/<[5]HD4IKDG$M54?<)DZY@I4'VD2:C?#9*SK^^RM?#C1*V!8 M-\YRZ=@/"\,EWK7ON^930&,B'AWZ[#UF0]ZS&^9KU\5;*G;9'"/CJ&'J9`"Z MEC36ANA*ER?#R0;.CH*@JXBMD>6R$*N.564BGP=B:^/Q3(H=C4;*J$[$^@2^ M]\.[B1!+:\\:=KUMN@#6UE)^\8WZP#:UK:/7WN2]Z>:QF;MX=K*\95S:AY#L M?H'?6B6QC>FJC>SJY?+QZ_W/Y:Y>HEN;.`P2OCZD9&/FA=!FA+#OK++"@\/: M5CCSH=DX<8$L>@'V+D*?Y[N._8S_4M@51_*@V-CI6[OU`3>KRNP>^;R"1M-: M+XV(\OSH-HK5-P4:XMW6>-E37O:T6V5/]Q/?/HCW8F0#KF/&.N2EON,X)8%8?C M6@J<=B#/\7,8B\SB2L+>2C1P&OZ>$N]<4AVUH:CJ)6KB\53'&'4J2`2Y(X5; M#A'8=1Q8591H!+$S.8%2D^I8'$UZ76URDTRO9VC@T'@^,(_,E-7D.X(A?+K[ M^)7%\IV)`+A0]'*U_7A+J0ME+*K5E%%HI:L43UZ.$_U'XG!X%.V?,>Z&Y6HL MU9?Y?9RC*B^?[K!@[-UN]!T>^SVPAO>I3-?O\A9 M?WUO>@^82AL7"EG+.!8*79-RKDAB*%+7!^5"=,'$/1R*7UW'VU@]?50[[B?# MX68.4GK^LLNM&%K"\Z]4/=F%;&<'AG+SVUBF,` MJ)O`=5#8#@4@2?E,'M2-<6D()T7V@C,R._,66C-F,:1Y!V9W+S0[^R_[1WZ/ MNGU\MY']MWZ'6#[YKY=7A`_!D^<;M#J#]2;`_^Q.5TO;Q9BQAW4>L`J%3]^W MG%?BXL=3Q_-%8>6:-M94P%%GQ"?NTK1900?ZLN'YER8L:&ZZ\)<3^,(%BJF? MXD1!QQ66AOLGL+?PP2)Q810V??,:WYMS[X9KXES?0VXO#=KUQ&5D;R91E!@ M6?7"7+>B.53US2BG(V!V39_<.J_V!H#1XV;SAF1EA\8?K^=0,!K-@AOM$"<5 M0-%DBL%0VZ&CYL#!/,DL9R>*OHNAR?JQV2HDVU(Q:TU5@-5HV9MMKJD/K.8H M4-W,#2@"UB?R;%@@]>`W%($WL#K0>`CH8\1;-TD*O,\<^,\Z1=) M]*4TJCK2,Z907_BT4;V9!WVR6:^IH92.+@P+0:9+YKT:8,/1:BSV#*P_6L9N MK>:D_^H(%_)/8#Z]>H$95BFA7[VB[8>F6%AVD!7TI#7SII9A+KV!\"GZ*+-< MGTE-2<=ZP4@I8F-U0BPKB+:G:6.%4)LP(]3%=K6PG&=JYP$INT9JS8O"$B0IM3G7GN+"058NB4M+MZ1_PG:E`2TTB.43L2;B$P$[MF.%2(^= M(/)P/*;0%W6F_A07[?D4XV6_^Z.7?/$U(BM"B3LF;!3Q`#5Z,IX<6HR6TJ87 M4C/K=FLL#:R^Z[(\4AH68%GDFV/.ZJG&1#DCGOE,NRM?43]&Y'<@T2/3 M-F;DKP`K3@([V2#1/%:;,EP5X('@U'"T`IMBO59S;D[1TV'.PBB%%1S9="M- M^U^!^T;)'#B+M3UT[!W,$NTV8($Y3UBM2_BO[YKI-T3!)L^6B;I`O.HGEQCP M-DP.BX9SU=^H'PN`&BPY*2I9ZK&"FK10%.++B*MXTJI04P-+#0-:`GON!/:, MS,2P?E+X40PP2IZI$7B)"VE[>4O3@Q?B`'<35NLNV>NF.Q-6<*0CQ&%Q*;J[ M`,/ZC+`6;T'K>SYAR6-:E>J%('JC:K4)O!T3$[7,&LF.S[%H+2,G3@<1GS.. MEM3A%;H@D=P=CU"Z!E:D)9)]I,"I&9$>.RV?D:ALEOXGH/RA/U,6MD$3-6",JBDS4O;2DL2E'DZ/90LZ+OO8)7`B6_";X!'R9U@./"3A6(8E@LMP35K' M#=VO(= M%IW\..N_`C"E8;7L/6,66/Y6[;,3I"04F(X-V'?)$K87,1$)?;H'(!;]MQ6A M$F\.Z(D%W@W*;7CE5RQ1!WMP!Y0"`E=XH.63;YS`]:E36_")'5:U,YX=)J&Q MW#K(.Q"D2!A>1`LB5JU#`J";!'/##HEQ^3WTM5-=!4_PN[`@AN4O4L]3Q!`^PV/G%8P<_.\*C6`\0L.5 M#0"\N`0SG$6!Z1E4U#]%A??BD_1?@@AYC/"#^J"`S+5:/A[*8 M9B(QO&,`N,6H?SWC*-J%S86WS+#N(([P`@SC!%ZB-H>'-MT\QE8;*&4JQ-I9 M&I?.IRH"'N1AB':,N@C8Y#-_?6'L,B->>&KP%44O`P4,@!7%BS$#JO`IJX?4 M@,=N4OV:+GQ=S:`:!8U]3#V,!)-`;8>P_O6&W,#2D%1\I"J+;]\D12"?`;M? MSWW8$T.PD"AH!/XLP'+LP.?H1F16&=T09'AONH#?K:@&)JTI#AO^WP'HKI*& MAMQPDMI#_`2W$%X,E3Y48V8H#Y`$0'_Q@B=6/M./QJ8"W\7"G/@UH0ZD&1T3 M=!^LX_Z$Y2[A4R3^%Y0Y0#C3L#*Z;YY%FX98[;E)[,;SU'L^H@6"NTXKI,)_ MU]T(2^,-%>78G`?AEC*U06BM`C\R`I*"^8D*1>D.A5'TIALP\?AL+`,_%'1O MT?CH'H#S`HRM@!DU(.[04L%F%:E_>@$6@D59M"XUGUW"+I)%ZK]$Z1Y/+,:Z MF1BI=6E(ELQ%.BCN7&'M4A*TX'-J:T5VYSFQT4.P7*+6`JB[P1,14'(;::.P MQ1^^8\/3N&7$MF^"ED$#C?B<..]^0R,2T^H2ZG/$]@Q:W#AYP46]`L8+6_3$ M'KIY&'21:/P%P:WVD[)/P<,?.# M%+?6">>P0(;@J+!/.$^$11MV*P2`^327)K7N2-K02PP[:NW%'LG0P,N"F0V& M>P>3LL8NU.\3H^[T:7V'$PD4:9/:ME%_FH#NV)\V7@^'6Q&5V]Y)G!&"8Q,] MHF_<6ZS`[?JTEC71ED)5'-5O MZM!VL5@YLBU`XQ%+#+U7)M/-EP[\9)E_@DD$IG?HWTJ[OADZ<%D;IE=LL[P" M4X!"B`9$TN"&VA)P8),Y^CR9RDDR&MULZ/ZB`(

*,*1:T`YV8`O#9@Z$]X1>&(!H=E//HP:*]BSL M8.%ETZ496BV!/3=>0-*BT`^%/"-L_VV%3C$@2GHPN,X3>PAPPG?A358U`A'+KE&1>Z@';(GAKO0[,?T5C)'^D,XRCV=& M/%N4#2F@'HD&W)8?B0+GDE".AD!A.S[RRG;,)7,TNA!;]F788RV>BQ[)\;F8 MZF/!/(2LZA@-T@U8$T$G<5!@?4O'!CC>4CW8XNZ2K$$'FHC(_<3.5$$C-8!V M$*'+9`/@KN_4":+CQC-`I%YQ`ZJ[3?BG\-X M!^PV#GO_PW"0-B_@@9;T[L30^2U70M2I4UKOU,FL.^RU`Y3FTRM;PZ9.V6EL M.,?(BFV]JL3GWB:E)7=TII\XZZ,(@S@`*"/PYS9I/+N3 MCMDO4FQ+H]7"+KHR[MA%6":^/EQ[?69Z>/48A0O8SMJOP"2^Q4X!8M(UXFW8 M&1#&8]YER[H:1=4")`T04'(LCY`VHJW[04HZ"H<_2'@6H^X1E3I-;KV9CD&I M(O"Q\VJH@L*C%^+`@<.Q^2V,?D;;MI@[SB;J`G:QZFGI%Y33C\.5/'SY& M;0[K+;&9B;EV2DBFES*EMZ>EJAA6L80S7GZ9XCQ;X(WH-#>&MQ#">RCJ:KI M97&HEZJ.W(5ZZ=6`?J$KZN%KR)'NG05X=&;P2J,C2+N'`$OBL%RI\TZU`JA3 M+:F@4G@M4W)8."PLZD7J74:7E99P6U+0=Y5$QEJ)5CU=!>)"*=%] M9Y=FT=+:+_N/?DDH6]M#QSKR%C=KVE*Q#>5# M%TX4:W=12/0:ENY=LC2#93;F",<]+U$'5 M';CY*EJW1>++*:V?]^ORN5TRAP#K:JD^U2<03A`"7JK+)K]XY;XB#DM7SIKN M7?"=Q,V87B;\IJM`2.*H3!-@+L^Y#.2P=$2>=^<>H]<7`'J>X=47ZI;&S3K3 M,TW:+J6/ERE\FB2W?7'\[!9%;=6+835BT*2ZFRHE%Q=2ZL MC4%K=PV$5"98V`UAB6WI?=>@E1F39)'JE&QCX@`PTHK";%&-74W"?..%GX91L5\PD+7C![C MNBVIXGZL9!0MT+16BX<5XV9%>]@OM)X4O&BG"FIY\0+#JB1Q$2HSJO-'"Y3T MG5[C'`2\WZR5>#/H-1,/K78-S,WOW476GQ)2301L7+<3V\B%A8C"`KEI*MU3 M1ZB_A'4V@C`O0WH7Q:0/V0R2H646A0YIK=-AM%)U5[XXL&'%Q:.-8,!/OP54/40>T7O>6DP&BN3W6VB M#>_2F:\W+E]_?6_C\N%(PZ;RJ7;8^Y94!Y2Z)N5T_XZA3/6_+M7P6QJKJCZJ M!LJ;L%3S!ESAX[KW2YUHDYV`A&LX=.DU;X(V42?204M_"VL`?@BK8]]CL[QU MRLI^A3=9WY;/Q36-M3ICMN/"5F9(\EU',YV5MA7:BH:E(O9,.@ZEN["$S7>\ M_&K_21.1S` ME75MH`PE%?]'R1<&RN503H0!_9>LLQ&&&6/`"2JIE\/1I:2EX=R[IOW`WM$N M@I[_#5Z_)=[4-5>T)ODNH'>\CTN?%`1^.+Z4$N#9OZ@DU"?9P'^Z>__U6S[< M.Y:U'_[/K-[Z>\=UG5>@[QL#+9Q8HRC^`:Y?WW^PI<'5-P1_O@ZE#8>;*E3Q MU36*B-&DB'(2$_W&ZWN5DV&]B/C-QE[ET?O81M+T4?Y\).2>N!CI3+N<[\B57N;C'IZ#'9_U"5QYDW>:6\@:M#TB)5DA1 MJP@H]O=,G$':E:;'HBJR>KTY=+9V'U/!?EL]>:N[5Q8I.=#K( MA2Z7V,_=6*RI\'P'\34L)2H+XZLV6;FY`GF@'5'YO]S7F4BF0U#Y;)%=.YAS MH)4<,[5W<-`-)?V8W3MCW,FB?)RD*`+]>;DF6(QL&!IKX>V4Y]/.K"_F#`.O M_0TM.HD,#W6:,-Y5&O\H"I**_R/]R#HE2L,?J7\#2UYLC;/1M_,,>B`R3$O' M8WJ"2-8B=%-,RX=C^M`KQD.<\]+`GS>;EDSX@\*E-4]X$A>R_NW>X`IU\^9EW_+J@;EB[W\NS)5!>\\NT&_H=?B7@+K; M,L#->*W:F)G-6R&\7=X)8\9JUH'\0GQLRW?/@@YF[]]^\\CLSOYHVL"]\.4U M,AYK*H_`%G^]4<*&SZ21O$;:Q5?:%$*:I/I+21I.=+7S&-%S^"+"R'`-(\/D M`K548!E@1);'=2+DSG[!6)RB",EXO5&>48:C<2%\9"RT*7PTRC+R2!Y/.H^0 M!CE&EB1U6"="OJX(!CL514C&Z\VJ3V-U6(A`,A;:%#Z:Y!A]+.E:Y_'1',,H M\F;L\A'X8)5C49V+0$Z>-$KU(`*DK5U.UE)NX4V2YW@XDK?8]?"%-T='LBYK M%6)\HI3'^%!A"U__=F\&A:;J6P?&$0M7"RU<75OXZ%(9;GV[=^'Z4-I2EH]8 M>#$:'Z\M?'(I3[:^W9^SHJ@5TOAD5&CA$\#Q%G.N?[MWX9/Q1J[-<0L?%Q&' MR)_RACC<_';OPH>:I%>X\)R8XY0<'R-'Q@M',;/U[?Z%CY4M??^(A>?$"*<6 MKJ87CF#(6]_N7[@N*94M?#0\X.1$,.2M;_<>0!.U,H334UM5-7V@3K1QN=6O MG?L98S1[^A<$(E<'*`E$]9I`02!R]8&20)33"AS;B91,]DY4RYP"M.O71A5+ M2=KP1N]<5C6P-:E[2D-5:1:VYM33L38Z"#3J??XZCXV?!_+,RC]0T';]6N.V M;7K2*9>EX-JUI'6XXI]#J!D\6T^;M=DFBKKN#M]:SV%`-,E#H[&NC^L!HCEF M48>:/CD(B(U#*.-YHR0UDE5IE`W(KD.H#"B-"F4:UPM(@?2G*1"D)"EYU M7WL>:`_+E6&Z*--N:&IO"-+NWS,H[KMG_FR;UB_O?#<@U1+@]Z5E>S_#!+]D MI&:!>).N_O?SIX?I@BR-RZCTWCOAJCIH&[ZQ4]9=$#DKJQ+$35HML*&'DF[% M&[HS)S'_%9Y\F$2?\>3#$LF'6M7)AY1.!4:H>X8^K[@^AAB#(H9G&_)L0YYM MR+,->;9A?=F&]X:/C@U1,'Q:VF:>)0SF'K$\QUU"MA%0-WU:1N2>+NERVOW>'$@]E4=./[NO1 MAKRB[]R2E0.6#Y9'%Z;&"A42T$K(LCMIJ8HX*=,^\>CCJR8PL(=4B1ROKH@5 M5FC:F?NOV(IA1EZ(Y:QHSVU:$2_G;&L)SW*E+=-/!(QV,YO[=B"ID[*,VJ'C M2%*//DN;%2XLS)F*%*Q`SRH7>V0:N#2$4X1CR75-)):.21JI3-YI5^7,9%2B M9VT'I4PQ$@H?+8F_<&:=P;T$T)=EU@Z2T&7WM9I=CACJ$=V]_).J$*&II;I3 M'P/[2>%-'9=JWEZ5SZ]:L+^NPCR)NRZ5EVB34:@1L'8._FBZ\2;#" MF&6"6L3*T:\/O&9W":^&)_PP',C"TK0L6N4<="ACN@B+@+`"%6&_O"$;+JF. M;]@V%JK(&I?.B=4IZ&#A/:--OL-#,VIE@Q"FYQX(-^NM^'Q'6&+[*H-VIS)I M/F2,'G1)I,KG1WV(PF:`.$'24[+);6V'F'9[:5BOH31.PU?HMIK8VXN^;.#> M^^39I5O[X=N]X+UY/EF&K0KA.\0K;#UA9,A^?")3`YZ$T:HTA`*)Q$NW^7PB MM)U1#BT+6[1L"#"BB?^:"Y[Y'?5WQ_87WA:->,&31YL/^=$2DY4Y2YPHM;;4 MH^LLXNU"8R;7J#'7("KA@91F(^2@B'6DC9HK41LH&,=VUL>FW4QW[R8; M>'@&)(W[8N8;=YON`8I0\F)8@1%5QS'C^"SL,@M;G+YJ3_;(9-_.B$]F?N`2=[#65&9SO_!(=$V0,72_ M4OTY_87I;4`0D]W,G($`\,/J3(3V?*,%H(@]\P2,F]OU>45EF_+C^G:&"7Z& M=XEE&39Q@LV(R/4?:V_,-=X5XKF^CBI`J;M1UT;>:6E0OCCL5`Q;C67^4O=^ MC.7-X/RL51P'0LW[,`$C\2`04#2X9`%Z!?!R$BM^CP\<.RJ)=@\'E4M\.#Z0 M4]\3F\Q-_Q[VUKN>H=#$IU^(_W7^:'Q/D%#]V(WF.HSUB;:-T^J!ZO^N-!DA M+P\WZA7Q7=FY*PU6"1I+&6<:WY4=$DQ5U>,SN#>'X+*L,EE6;'_V)*>7V1\N MU4I)M6+[LR?OOLS^]%B^5;HA3>M@JJ0HU>.])XAN-!M6EC)LH+-!=(.INJ-A M4WA>3X!//VFV+*^215H[\M[WK+M12V,SI?J893=(8'(&@>4LFY%;1&/AB[DY MM46_X"FVR:TS3[$MD6([J2?%-JZ)(,2L>L%H^2=1L+O:[[/-W-NXHD]T]P@8 M,U,8XUFY'G\OS[-*DXC^UG36$[L MQ:^&:?\4AB[8@F?`T0''6G($&DF%CCZD"%_(1_0BS6E#V#4PRR2S]A=,.><$ M[%6V]Z:,_^@Z_R8VV+!S#&&Z?&)>#6'%7!_"RC+L.%`RTCW;/^4:B>17Y%(I M_GW0#IKI+2HK)=*4>"]6I4S^:%$@;O5/2,RYG&H2TR6LH^6!([XTW6F+]H^-^(ZO`G2X,CWR=WSC+I6,_ M^-%EU/[7FNUD,)FLWW/N7U]=8&^3=(%ZOH=2>"7U?*N$O3DBU\8;78`.W?*O M\]LHA6(7R-FO-$KANJ1E4WCVVJH&M>'J\)JLM`IL0*'UJ1-RCDNS$-*;VOMVL MEB7+DW'VH;MWH&C4>-[+.MRY_'1(+],-CN9=P\?E.9'\D2C MV1JC(]@F:Y`]*3E2U[%#.:`H=G*9J#1V1N-QMF[7)>P`/Q3%3BY+E<6.I$^& M:L>Q$W&6.JF`L[8&R<7.9@^Y[B$G8JQ"R-G'6*60HW5>)$=L50@W^]BJ)&XJ M4F?R\FK@*3X@RY7EO&TFVGPRC2?3HAKC1MF'BL>LN^8%'&V;NE"U`/0/XS67 MZ)`F(WG4$8R'8^ULG7?HQSSC)[G4YAD_)3)^]*HS?CY0OB%$"*E5H'RS9Y*S MRO!)%P;#(G%+,ZRCB-U5$FX7PHC,L+177IRFQRHULA>0[UWS*:".U]1P]$51 M@.>6^6\,N\*A([&N#J6+/W^B[ZQ7+O-6CNTYM!CDJR/\%1B6.<GN6LZ!% M]EY(5'71![7`-"SK38#_$4A((]Y`N,::96[^>%@@SW;LRV1V+(<6#3\%O8,5 M_233`$LF"LY\;L)3+TJ."F%9!PR.!R>"#LOL9:(OA9843%XN2$V24CL$C!,$ M^-=MB+-M5@]B+C]I3-QA?;WA>+TXH[%D>6#(7PLG<)%"@%X]PS+<_:SC.8S2 M8H+"HI\6R$TL=#J=N@&,$$N&`":BM7R7@C'WX<^-@I7#,1(]%@>>4GI&1>#? MY!U=;B)>''>=A.ER5RYY(:Q,8H`5#05@4Q+*HG\YIAV590W%"IG/6<'2K"7< M,"ECO:TC:N4Z>,>)[+0**\L:EC`#[0;%%F@#[IN09DH[GP)Z?87.6P7(#=5@4%*S'N"@HK?3K$FJ]L5*8N#5;M$EI M$G^E=237)&@\/GS_@[)>WG:M1G1><=O3WPZ0$2$'T4+6ZRRP-("&G_'X>DKM M!JUE_2=6_/86VQR`W^-AG"M'V%:%1;?7AWB%G<'IGO#.,BJ`:BR1/:(3,[#G M`95A].2S$J,')G5AXV91N5$BS%D:22Q-<)_I#%BJU+2G5C`C:R-0<0.@ATC9 MDFG1[S8@%6N")[6\7=^>WA()E\B6L"TR*^9+ZUO;EP;(+W-*#0\47W1!.(:'%=;I?DX- M:TI[664-F4+/&3!$6H;$VFLB3`1`INM\IV7C0<*G)`L3)8HHP&ML,X&^7`)D MG$'":WJ<.5]CKAD<(\X@K!9,Z]''U+-.,29=&WP53+?F8,7-PVK.$3P1;Z5G MPR%-.T!Z#9,>2)IS4NP*I[S#*@ZSS'XWL-?/6>$"#V4$AWW\$RW\OXZO=*EQ MF(U*'1$3R::+B!\]X?[]KS=XQ"_-8(F]^:9^@*2P6F]X>31I9PPLK8WB\+D83=3&V"C\( M7Y\L\]E@TA2)_"/3*QY\PP\\+,7/JV7P:AD'5Y6(WCP1"-%,HF+;^F M@]=<8=V*=G)-LW%ULS#L9]K?)W)-)7*H;EK(6U=E=-7DP@Z=ZW"(#P:O.U47 MPL-]/&25("(R=&(RQ+/OB3R;3,,'_1'U]-V0=JPJQG@LRDJI?-+R`'0,Y)$N MCLLE:U==#*3R=KB@-KZ84]*M;LG5=8D]`1":[K`=]C7J%$$HHE:FLVI7B0+` M4*OK`]Z:S+BFKJ*H=U5GL#L6QQ5BMT4P1J,2!:>Z(CUVUZ:)8I:$E6%F-%0_ MR;(^%XHX5(XJZW)NA9`N9'$\KJ3FUA;&NE8"*=L2H%=2^VR`EJK1U#!X:NMU M3=2DHZJ&]:(&4KU(+&^.'5O>IY+CI*.'<"U3G@XLW73T8>R9<+VC4NSI(/^4 M8&G6N/UHF*Z`[9YI=6$:V!)=YA;RQ+6$=TT7);5$FAQ19Q"J MB))60M?N*EW(E8+1#0N1.TR.,5^XPZ0RC+7H-$R,T%QE[7R=)2--U">UV_DG MCL2R&G6]SI)#3I6.'LOWG*F#XE6%HS=$-J\;I%+1?21!S) M997_#+6PQ?4/];)7O"U;M;_9+IDZSS:-S,?NDT8W@P#4L3@L''YX\5UK<[6@J+?Q.<(/AG+Q^(:[Q3/"".UBN M6#I=5+.!EA7@O:=Y-EV[^MY&QLMMN@[";NBJ3_(X,,=J(]M#'8Q+A!-OKN'' M_@&L#>0J`6[XVO4[ILF#_,-"29<^<9<=OZ#7!\,2>LXNFNKQXKMADR8JSS>L MRN',032GVY:$Y45R>H_W^X:D>#7,'5KGEZOKDU?7SPC77+UOLC8&%C1Q;*RC MC9('[?Y[6*LS,Z="6`<87BGI$>-Z/-?CNYP77"8%FW[0F73@%E?>7MV"/1G! M73=J2J8.=Z-*066@ETF([4&U@MC(2TR[CEEU%ZHXTLJ:1AVZFU;%L5(VU:#E MJ^EOR5TBEE'M#BU(HJJ7#5[OX%6T)`Z5ZHHO=,/JCS2O^ZW+YX-NW/B-:I=4 M\U/`6F?NH5>1/1I5UBP7H='G^U1U6$I[ZJ5GJQ;$74A:B="E/,SEJA;^J:!J%X0DK%"BOQOC"`V&%FF`-%:+ M-[YWQHJ3D<3*.B8Z:(W*8U%3^UU$8+<]<$OFQ*4](XSOS+/5_DG2B#4E8=CG M426@SM80E4:B-*X9=;7)6&XS\<#G"G#'`Y][;GJ6#7PV:+P$#W7F-F@W;-#> MASJ7"><\@5#GBF.[.^&MY_&K78VIY+CN:OSJ]ZS1SEKMNDMUW]E0>GEER62 M#@BL`^H@=D[+K,6W=R;U#FO!7?-E#KG&75[CCC3L+(UKT+7D"%)!IX)J^F>=CZJH?L-*"!ST`M]0E65>CB.""I/!?M&#$L@6)HTX[ZE)726[3[9'4(X>N4=Z#/Y MV;')F[`TW#]!:YH']JR+XY?_N;4%?H5*VS/BX(*B'FDCIRYX$?N"3V MYZZ,MR4M[1*5:9S!8YO,+N,7Z)T:_DJ,Z8)&C,-;-OD.YQ<&D[.RCH8]H\]] MQP>5)ZP+BQ^QGSWS._SL.L'S0O`)K-*`)1@XK&4YKQYLUE!2+G]0!JJP-"W+ M=.`5>*3BH]':(PT?Z6N/1I<_J(/AVJ,Q/I*B1W1U$7SQHL.L0:Q(B0WUY*$L M7?X@RX-Q]-F@R4UJCS2PO(]AO\'&8T$ZV'N/XHELES%(][=Y,KPDT=%Y$4FO=.2,8 M;F["KZYKON!F&?[&&L.P$C;DF6T<)H.[6%752)`-Z(6M-)?!,LZ)C5..X"5< M!K)].@M$1+T7.'Q&6#3.;"-KQ+3AWR`XWH0?Y`W>^F$\F,0/8)_0949_0(<2 M_2,*\-5Z.X-MQ0G($O_<[!/+GIX^!I"PIX'K`G$" M%;P01J>"\_0O1@:"">+)$5:N,PNF,?T@B24U-8T54-C49*$=T;%C[))22/Z* M]B/0_9J?D([)LJ?FYGQ.CNS48C:3H1&)D'I MV,YR"2^!'`9-+!PDE"5GP&)IR6G,G!4BAJ(1=\"C-Q@A3CZ:MF%/L7O(]90& MSN)&/_BP)88[$]X[\+\4A/]4)G_SLM[Q8**9.3=#.M-E:2`-A8MWUP\W\(\A M_./=3['0G=.3=QY?I(K44 M>%3K8(*'.6V072F<,`HQZ5TALPV0;$VD_QGQIJZYBC;57]OE)?$7SLRQ MG&>4W)LCQU(R9M=4E\9DVI_[MR_LOX.A%MTZ'J)JX%\!U3D[+]3]!OL%>!38R_H)8E%?CW<`O MJ2$&%EBD?)IK$@7>-IZ?78(!1T`'^&7(G:$'E4X5"VSL!.9:;]1`.)[3CL%M M!S=WA^=YW[;")B)ZO86!?%QT#Y-CR+1]UO(!^!%T'S@38!W"#,,BJ`7.1C[; MC5H7=&%@"6'N&#@P=SID^B#)SC!,AD>]\*B7'?!@(WA*],5-C%7D=]P2<="V-IFS! MC-XG#HW$L7I$V;'NB;F0/!.27)JSR_T$V9*(D/0#>G9W4-1)(W%8AG-Z(^82 M.K+P+J>[E*2)>IFD7>2=B1%'.K5%0]L#PY) ME.6^=X??24BWSA)CJJ:"F\1X=XR0%'&DGD`Q34643D`(I0R^C^EP`F[V]0Z6 M;D@BF9I]D7?RTX>/\'@XB+R3PHWCKASJDWIR:`Q)ER03**B:=`*B2=)$M4P7 M@>[(IL+Y*;N!.ZF,"TWEA7T/P9LR/*J)1C=2B'N9M,(+670,=]TI9-'=>*5# MXEAHA,IM&`1QX]B^:SX%?ESNC2XGB6)I.^BAUEE9)SC?$>3A<"RF`W=9MH2W M&^R9(8FJ-A1;R"BL0 MEL1]IK81P&@(GFD_6T10A]+%GS_1UP;";QCCQ9).B+N,0[]2[ZSC96GX4Q9` M.R6N;Y@PG>-&0801"$)Z/0C/=XQ*A:]Q%U86=OG,(`>:7BU MLFBTLF'1&%27T)&`*#,W#"-VX4N,3`OW+KK$IW%O6QR1)GM,B(O)P253`OLS M0\)-KV&-UMFDIAM-DD0B&Q@FB64M,2INBI\^TY0FQCPTJ'&M:&XZ`MJP@>M@ M@2QPEG:(9'SAD=UK\5BR'GS^@[)!HA(GT>)'TQ?'OOR?6,+AF71.1]+CCC,( M):X-F"D@^YG`?DC3Z8?O9!K0`^4;<"]+/J"HC6),HQ,K$NKA.95U.'VU,1C? M)L+*`,$_-6&I/@[C8*"J2X>?(?4NL2\O2SJ`'^AILX'(_[B\_&#//KK&,Z[G M\C+>89`@B5(6_N._K@+O\MDP5C^'M;.N[=E7S!>X!_9T8ZC"PK3>;1PM_TB^ M^^\M9_KGW__?_R,(_Q6/XI*58<["HRD:C&6(W40)4S-0J?>_-QB-E'VW>8,V@N8?M_>7>I MO/O[:#+2A\-A"@/[UU0?L+HFR06`E4-@-U_?!ZPT4N1C@76FA,R\CZZS?`"! M#)]\-GST"K]]G?^#6+-')_KW0Y*>QL`_X$O83E7:C9`YC,4V?TC_G^^LD\+Z MMWNQ,];4L;2!GP,6W2[&@":T_1B3US"6HB>M#,:TR60TZC_"]!R>BQ`V7$/8 M,$:87IH!);5NC'V=PQ/0S/PW/(9\&!'C]E;+1!(5?K]1!E2D22YJS_#!+^\6_C^ZN>KJ]?7U\&K,G#%YM5QD;2>'//]ZZP3N`;I?=QUV!O3L)OJ0"M0D[)=BS+JC)0 MAZ/Q$92?-4@>'L::UBE,4!HNBHE<-BB+B_BB%"=2).X6)D#V*8&(O>Y3"A%JU MH,`[7--^)O84K.[8VYF)B^Q7J]8;_AXZ=V^_WCS^75U>_*S=75[>.M\+__>/S\20#.$AY=P_;"*ZJKJP]?W@D9&N7CMZOO.):$ M'X=_7OJI+PXM`??$>&NB2])=EPU-5A485514(+H-B<,I-=.NM]!`QI7, M.\%V7EUC]5A)W+?$[:UHJ*`@-*(Q;\'TBSX:U]B22 MC!=//S4#:<>Q=F=[@8MVZ!J6[EVR-(-E-N8(QQS.\(BWVQM8HS)LG0(C>9:% MRSIA/[1*1)[DJ"-,NNJJ#GP5[642Q)?^X;FI:6'+E6%>-'Y7&\5<@.%V^!IR MA&17`095O-XE=!7P4C'FGUR/%&\QO:R^'P/-=QW[&?WYQ_+!C:/*LT=44'5G/F+7]YAW>`BGG;?664)LM`FW-'9.\\69G<`5,X8.2Z#79(2 MTR.>R+-IV[0JN1VWFTJZ\3P9%OIW,1=AY1*/=OU@KG+@EV?#$N8$2YS;F-[S M0'R?)4FP_B3&#+O\`+D8-%D",W]8@P/"')@S;+)EVK2;R"Q,A3!MP<57H@`G MC];7M]FD82V;*+$(;WZ\9,Y!1[B5D^H>4LV[/,DCU9!L8@(,6W`DQ&JR5G!; MA'G'&C9%Z6"R&'::\?R$_M+9E%/#(V'R*L1*4^DJO/1.Z']I^#[I/V&=C2"< M'4`QZ4,V@V26QHQ0XK`,TX:/YAY*+<,"F4AF]'S]5X#2CJ8;,I%$OD]!@#VS M1D"&,`\LBTI*3.BUB(^YPQ9VQZ/=BB):ZS6-E9@D@\:^GXB\RKN)WT5]\85_ M?!C'-.C%ARK-=XU?7+%H@%)2Z=!"P89\>" M[+AN;:N#+%.[%*NN#QA1K4@3U5GKQIAR]\S5.=%>U(@W->)-C7A3(Q[R5;[E:I/VJD8J/C6YWU@6GB2>05H[U"\'WF5)4]$3:FNHF][ M<(S%R2CG`.CX97.\I,\&%MTC[MNZDM@9/$N*(HZ4$P@HDB1)U+3J>I9TH);U M+7K?D&Q\!T[O]A6U9@HRPUFAE&!\7LLZ1IVLBXI6JN$8+V=="/6ME626)IHX MEDH%S7/DQ<@;342I7#NZ'A6TWNG@.=PQ7MAG7=`]_JOK>%Z^0YR^4GR M**0;^UD64F6X5>"JZ3T=#P_9TNVOU\U29HF)FO:87HTYB_`^%+L8"`$'ID' MEF"9+S!W@`UO:-`#1O2C)7YIF3:ALP"GPM_X>Y@O("R)OW!F'D9_S9RE:1L^ MP48'.*JDL?AG&F_X%-VZB`!GZODRV[5._Z6DWJ/>4[8&+.TM_+X@MF#0UIN`#!^O=OYH>P5#NE4/[F\S%L._),SVK$$NTI2QR98.]EA!UF44DM4*=M6%.<@9="WYC#&KQ*8$Q)"^,DR7;>1T8=#N2Q@3#61. MD>[]#5^QC&DJZ21]<1?2_(K&BP!.JVJ94?"`*'@&%3Q]^+F3<^[P*"L>9<6C MK'B4%8^RXE%6/,J*1UGQ*"L>9=44GGF45=N2A4=9\2@K'F7%HZQXE!6/LNIB ME%59C^!OU._^R9R3?)=@\E[8C&0XRKD[+=:*9'.(O]]+VA\%8$S64C.0>R[^ M"T&Y/0:`.>P4F'LNP@N!N3W&W^^58Z#\G\!P?>):;Q]-]-*;AG5G8U=XZHU? M]V,7>Y7[LA.ARA/D](\5XT3)0/(MP)?\5H=A,T)U=Z4=$L MP7]UPGM>8L_@N_05!*WBM3/EOLE[GXG6T+6/8%CFL_W+N["_2`;+%K<.*KW0 M:.J&AP&>?\4CJ73JQX5+B/`9#I*%)WQ`ZJD9HF/;I?1R0PI?N2E7BG35[JU; MYW`RNE*&'"?K.)E M4Q'LFB@=TT^LU[#+(,=*7*^>%.P342USAU]]V$>U)_ZVD*+?T?P2VM^W8CE_ MQ&6X)JKZ*;2_T,6A5$)R=!:.L:BH)Q"5`UK96"\1R-5JC,4VI[XW/',J$,.U M:1#7BL"<"\/M#M\.!WIU,4\M0C$Y`9X%*$Y@+Z3!L&P+IPXVM:-+6K M=N8M;5P-!^/.2/8#%M\=(C]@\7IU\7Z-V^2#874*6I$[.WZQU.0]1HVW2)5? M&?7I?J@^A_:6]UJ]&LI7U28A=06T\>F")@VOAM*IPL;N4QK(BVOC\B3Q]QYV MD5*?.^RPW*?0"S;61%6MQ0O679`GXD@N%7C;>Y#UH:CE772>(,@3193K(>QF ML_KR+Y9:LMME19Q,3B`M2]9%M+++;ZZ*^8V;T\.S-8MEJ"XGO_X MC4R)^8+@>5F58W?_S/,QT5V4S03W<\M^QK;S/M;ISERK#?!.(A MFYG>@A8XP0[OSBLMG(GYZ![9PE:-JT_)0]@TGA M2W@X,UGZ(4R%(-$RL<+ M/)AUNKBV9[?DA5@.30;_$,+`)%S.&X/16)7V"SEI3<@E=<[7O]U7#EP=TO\O M#63.TJJ%LV)AGE_/?=(FG'I.1?<(SN$:G,,83KU4>7=%K@E.1O'[H67O\8.Z MF:,L/KVC/:$".;4K^X_P6I;5RKE^9].$=IK6+K&Z[GP+A M$(\5.J>5WMDI/$NV!$\I&^"`%REM33>(:N;,"/9J`8,69,&I2ZKE:Z\.1-1E2>%5TX#',-??D5.B%J89?W0*.4H MLJY+ZVU.L]9T##A-DI,ZD38IJGIPFJ,Q6=/D8=V[,U'*[\Y08>"L?[N_5Z>L M*..ZP5$+@:.N@3.Z5(9;W^X'9Z*-)G6#4XQWQFO@3"[ER=:W^\'1)4VN&YQ1 M(7`FL!];HF#]V[W@J-)X5#OOC/>#`Z(9I(&\(:@WO]T'SD215:EN:/1"Q\X8 MV3^&!B7=UK=[C_TAF-MU0Y/CZDA!HZ:A0=CDK6_W03.>C.2:H1D-#U`)$#9Y MZ]N]T&AJS91&E119' M]FDJN^(D\I63^\`E:2#E=W\?#B:3?/B2I=4%::ZAD`-ICFV0">E0:AM2[4!( MM[[;!ZER(*33!9D%%ODZC^+EOS@^\3XYANU=V[,P"<)^3F*%UX-BCOB>A\NT M'(>255\,%."&"HQEI.45SUS?5_$G707']`W+G+)1TMV"=F@59S#>W@J_852NA3J M3]U9O*27K0.PM?AV1-2N(VF#;*)8T_;/W4::J%_HN,@K@E)S6W9:$<57=3*N&"Y'R`E2`!WDU*-'WKD!ZC? M#5#<^,[Q`T1E4]X3F\Q-_^N393[38G;>G?WA.U;8^SK_:)CN/PTK@"_N+<.^ M]CSB[_4/5#0P]QN]?Y%YDB^3XQ\A6N<=1L9LK$`+4*!AR*_-,8/(JRC_6W5+K\L MD71`8.U6LU%C$[#@,3GX`.VSQ3+21'W"K;V#<*?IHJ36?F->KB'!]_I-M8KL MH)TFG`6_TO&*&V<%/N%F5R-.`AZZS^]KN3W&[VM/Y;XVJS?USG[4]XZ#M5(] MLC)<."'C>]V?*];8#P]0KF7*TX&EP2M8^N3NR^T'/.#TP3!2!#_\%9C^&]#0 M-'"IXYL33T]@:4=`K=&1-!DHVFK;'??;X&$@>$LLK3TU5@)A-#8/[%E_.F.@&,D#BOL M?=P=,9?0D85E[+M+29JHE_$3=9608!^5ZOBA"T+HSO:):QO,L=)-VI$4<:B? M0@=V293+!(KU2PK=.DOB^>94<`D2DN>C^=:/N!KS`3X[-GD3EH;[)_$IT>P&[J2BVC6U5-@/SP:(8L>' M/!7@A`(<>'#(*02'-'K+?WR`28%8CIVA(ZQGX;>X[^.=_=ZPL'K-PX(0/S^& MI,RW/)@DH>@3#^O8BF"(.V,FI!(U\PP)1J`44^K(YP$?IQ[PT7``?I3)&P4_ M6V$FU=MN2#MV^W4A3U-]K>`4'H`HLM5RY9 M8'+3"Z'-DD7:==>98U/>SECL,I+8"7@>Y+&HE:G+V4D)MDO2WI(YH:VB@7)8 M;'[[)TDSN?5C49EP1\2!90FD<6#9BJ/SNE:[Z& M,C;_3J>#YP7+%;ZH'1# M@PR:ZO'BN^%-2)39;Q@&X\RICXK87E1&9^H2HU3)PX:,@XH&+ZH=[;0GOEQ= MG[PA=D:X[K?AEF='[3+4;@QKBDYJ>K7\)5B"FNT[[K4]NR6VLS1M_->=_<%P M;;`#O'OB/BP,E^3:*'N4V[`>](-,XDK#,P%$?E*MKWMM!`"+$Z%(?2$1[!_D$L MZW@\U`%Q]TZIE"G*SRD.RXF=4T5.)?IQ?+]JA/>K=D`-7^8(7CJVX*%OQA.< MP/=\PT8#7;@4WAN>.>W,]D@341H-15VM+LNP/5AT<0+PJ/HIP#(1AXHL:EK? MRZQD^DG*,9IP:UJ!CV&_9#XG4QKSZX1Q#,!6`O"8[YKT"L_ST:4:V*:_SG:! M/2,LX.'&68+Q^$;1])_*Y&^>0)8KRWDC9/WZ!B_^SJ5;E3I61>6X+C-=]`DU M@CL9N'12=Y+JJ>)N-!)'96IO=#^HMI!L2^G2!RH15"*2$LGS_;KNW!6#/0%R M@4-)S7%6\WOC8HB4-!ED_NEW9Z\=D?($D#DYJM=CA_.RZ[MQK^*F>^?%_,*P MGXEW9Y=ORU;FTW.Z:._(S7:(H9UAWLV6\=ZZZF74@RW4D&:$ZVX%#G*_4HM^ MI31L%'_Z&,?J=P7O9*B1=I1]M(JIROQ-L#/-[9;33MI]\>9E/.K%XG-U_6K^E0I/O-.K]&Z1ZNX$ZF$MV:OLRAN,;W= MA[*8RZCP`-QQQ!U'NQQ'(>T(7PNT-S\\WZ#HN@[,#VYW82V9`7UV26VEX+_? MZG%>T"_5L?C,^OO0=Q;DD2Z.RUU,=2XF=9-30-Z_F%,,U?$R:K:UQ/>7_?=@ M5`="L_XMVFZ)>'ZW"$(1M;':?Z(`,-02(>U=E1G40^Z:AD6KAG8&NV-Q7"%V MVW3MCTI$#G9%>G"')W=X]MSAV51UFVQ+X'R=GKHF:M)10:O_,_WIMSSZ%70),DN]#+?7M.;E/PZ7QNJ9Q M75->8897F&E)2<7&!ZS6/)J#_CRP!&,Z9FGD/Y0QMW;>5D#!BDSJ(6E:9O+8"G@ MF84G5HXJU19KENS!U54**ML0J[,RY@%KAEP^&1Z9K6D[G<&T+$IE_,V=)1AQ M6&%EGL;*.E"W2S;E?,7.E+LA.JD++UWC-4X.JG%2-]ZZ<5T8K?/1\>$4GFU[ MQ,YFN\7)<9>#Y\LIBC@>UER$JD%5M8"OV$HNN+C#N">P=,E)=Q\:.3MJU;6E MYPT!X!.(;)N(LM1\]<6#]=5UTK@E*Y=,S6X9,KHX')U`&0!=5(=EZP!TP_#E M-LV:QJ%H)1SN7%-+-='N:\W&HPR9E+IV)ALMZ>)(/BHU^6QY1!J+^J1F\=(- MTS\)Q,36'$>9_@V%MN;<_1\1T2K*92Z&>AH57`OJ-%$?-EH`H<$"FC7VK"P5 M,YL3M&O:<WY`E00*:!NT?=KSXP\2"_Q%;N?YGH MG\T59#2+[SRX)1QU>\%MN$3C7X'IO^426TM^KM*^N@S":6OI91VW!Q-!Y>GJ MWXAA"<3S#3^CP6%+Z"SKS>\.(1R]\@ZXHCX[-GD3EH;[)VA-\\">G8W[J0KW M2K#^(X6*Q$S+C[BGN MGNH47#DG75_<;O1)W"Q14@9C;3LT)7X<"IR1RAPW`LA&/_`=]TV8DQEQP6XV MZ4E"[Q[=3`.ZJXZL*)$:3J@*/5DD[GC)H-%5L@U+!*>F\_Y%SD' MC<'O7FN_&-=1- MX+J`QWY30C9H47K-*<+&MZV7L/%MZ]R==JBNR3J[HOO(;K9V0]&M2M:**D[4 MLZK=?:$T[R7F$DCI1*+F*ZI,0T5!&QDJ2.L\.;(DYD7H/SL/*E'&\' MX4W4)5Y+["#,E>M0WTTCL)<9;+64\E$E43NN.MSYXNZB3%N(/,25B%CI,[XD M8-1)*6.>TUI1],V/3APA&?'R:MMU)'+B*CFG"*.I/.X?HD@5L5A/7>*72BR9?APYAD6 M:TP;9M]Y@FGCWU/BG4NVD38$ZZ9FE]R)HDX%B2!WI('5(0*[C@.KBA)^('8F M)]!R5QV+HS+.[N[+S.L9&CAH"&%2OYGT:A9\1S"$3W>B^R\4/1R M/4YYTN&%,A;5:MK)M))WR%U[L6MO)`Z'W"UZ8-7"HRO.`"A]- M8LU^%NZ-9T#$`_DK(/:4_"QH"O";807PIRRD'&H5.$WS7)>[O*-?B!\61+QQ M/-_+=8[FOLM]HPDAG[B78-6W(;7]0ZS'XGG M[R"%^ER0!UG0&=Y7;5PJ@*$+WM?*0%=K<3RW)I4^?%^1*7:(%SE1QK!Q=ZJS9QCA8S>+9-O^-%T.&V:4&YZ*J5]?_N44P MADH)"=I!V;';%W0/RC8L(J7L@&B)R*E]);,1UUH))85?XC2%M1:]]NM]>E>1 M/;H*[=%\-?"4O&T-A"">)N(N)*TB!V^N:M&[:ERY?L`<1^/'`"L@T2KV>QV- MN]_ECL:$&+OF:*Q%L&<[T1B!L)X(W=&5:YGR=&!IS>(.J<7K%K5<2!-Q5"9U MMVMF-JQ_J)<(`>J"G?V;G9A&M$&#,?4#`V/A!,O)BGMK";GJ6!Q*U74$:`\. M11Q+95OK=DN$[+9\UHAIM66%P#W-(]=EZE,>B,JFHFO.Y M6=ZR*HZ4$P@0JM<(WVTC[S+":3>1:WK5E&N`[WR/&]_;),(S('D&)(\@XAF0 MQ\^UTXXZL0S(>\/'6$%1,)H/QSDJ(U`3A_)Y5!E-2&6LZ*Y@7BB MY9UM+>%9%H=:V0::'227:L%HUYOS!OF= M6[2=$U$;E6HHPU$7H6XLRO57R&VIS&M]-Y@[+QEWW5[>LRIEOX/::]C^VR?3 M>#(M4%]RKS*+?<3O-8\C)KR9*GRY^=ZP#'M*A(<%(3Z\9EF7<\=]-=R9`/\5 MPAT3XJT2OA$,JB(;!-B="UB]HOO7:-6A8V`XT$R[WCO93-2U<^>87LI6K]K] MUUY5+.&,EU]!)^$;PUL(]\8;RI.:2J#U125R`ERFZ(X:CQ\I MNV-)W6+)"LCI M>CIU`Q92^N0*5W223^29M:2-GV#!!=LC:\\N6&>!G]8?/M54B;!E-%&4"!\) M\=;!G9XFN`_$]RT2'T0)O+/3A#?2J,$@6X,WD1*5PEW#B5:+#S<:N^T@+KZ. M5IM4][ M10"/S@Q>:70$:?<08$D(DI'M[.L)(.3HMK[W%:T>7&VMO[66S];JS=*FVK*NF"Z_4&S5FI>_BOS@^ MNV_=?1_?@1BV,.3L\>L]G>B`:+7HXA"^V!NM)KR:,W_QRSNL69(Z"'9>(OK. M*NN\"'V%@)2RGG\65$?9,>]2=->!]+@@PE,4[T%[YQ(;81.L.%KQB5W&>H)+ M5B[Q,/G&8%$*P!MX#3\G!-.*K;>!D+JHIH,9LR5VA_9=PS=?6`TY^,$E`F$1 M#/`&-NF=8HNOV4#X"H-@9H^+KYBVY[.)31R,30K3$0_WF[6$+KP2(D1'93("Q9Z:W-#VD7?J+13SZ(EL)*P[GQ0O$ MQT^O:P6;:B7>#'K-Q$-]1+SS@B=%UGGA1[O(^E-" MJHF`785AITB*3N![Y@R)-0#2M])4&O8Y3]'_TO!]TG_".AM!F!?`M8MBTH=L M!LDL#2`6)`[+,&WX:.ZAU#(LD(ED1L_7?P4H[5:&BTFS-)/V^Q0$V#.AXLH0 MYH%E44DY=98KB_@$:8Z`_,(`K)C6>DUC)2;)H+'O)R*OR`'4=V=[@4NC\Z+# M.*9!+SY464/QZ$7X>6D&RQY(I:.3P(JE9^W*"/N?`'B2N-;;1],&S)F&=6<# M2RYIW8SI`7J%)20UU?Y<0X3.0Z<+#J."27<#*0W1L2'`O-Z1PX4_E2I&NVJW]V3F< MC*Z4(\@&PV+Z#X9%JBY! M6+H?M"3)HI)5GWW?,II>)M:TR"C,T+5EZJ*4=:W5L66JDC@>9=Q_5L-7%=1Y MI4_NOMQ^^,*2YU,>-U5GGHM?7P#X1U5$M-;?;.?&WA13]#L]VDR8D5RSGC[CSUT15+]L# MOH/Q+G"\#J53*)0\%I4RI>HZ"\=$'.M]B9+=YM3WAF=.!6*X&`'@86-IP5L8 M;G?X=CC0RP:!=Y!*AH/)"?`L0'$">R$-AF4C!CMP[&ZS[JUI!7@37#OSEC:N MAH-Q9R3[`8OO#I$?L'B]NNX#C=OD@S+-63H:_5JZ%\56TKM*Z`-CY=T*3AU5`Z5=C8?4H#W?G:N#Q)_+V'7:34YPX[K`U; MZ`4;:Z*JGDGGN0CDB3BJIX!(9T'6AZ*6=]%Y@B!/%%&NA[";;=:3?['4DMTN M*^)D<@)5#61=5,OCI40:]:M646]J!J]-=OGU4Y[>DT?)I[246AO`X)75<(MF9+E M$QQ(BB3NYND^Y#MDE[RJ"8)VKR*RRYCV_XHEO_I^GZ]7&L]-.5RWKF5*#DL7 M8:F]/3;KQSA))92,PON'CZ8+A]"R/S>)JJZ*DS(%`$_@DDF102:6B90Z`9AE M31)'9<+WNY4XL<5Y]*4;PT/[@!\R')93/62&`SDJ-_.;;W@!R6DW701FKW[IN_H^`[H'R@(HY&G:G35'K](]#D M]BF]?!6TZ@JQS^_6DG9IH+UI9;T/W6F9=B'#YO2WXQM@?U0Z\Z4]*R?' M/W+CN"O'-?R,,/63M%J58,Z\%8&Q[6\[56L9RW M-"Q1?XR;^@GR1HJH<3?)@0XZ593*5#2MUTM232&(NQG!)F(F3C MY@Z$LX&E/3NR,WX1>2CJ/:ZJ*0WA9%$[4_6D]/IU4"HJ1'_#WKW.>4/POOL$ M,MY!RDPZXZL\*GQ4/]F`DG-SF*AC4$-+94IPGTDX]&0LCL:E.I-PU(5#CT$] MF1QE_+00<,F=)UO.D[$JJF7:67`'0"I.8C@2M;Q<:8Z\',K3QN*X7&NDK@69 MX)^WV`U[:M+PU<[H=]R[<#:PG&O8B"*JW:G0>$#4BZB,^[M\7=2&_2J@6L9^ MW.D[.4E%7I=+55/@!E!D`''#\4##L6:\<:NQ?MT=A+#"C<;#<">+DEHB+I#C M+N6O@W/_J.BPMBW&7`WIQEAA=4#AP_<5L6>F'[@\$X'#PDW*AHP:>22.>VR3 MR4-Q+/4X7D`7)\-ZZAESF[)I'5\[+ASS;&TC252/"\8\6\QIW*KLO78OCT59 M/ZK"PQGC#JQ*Y2@6.%_<21-1K3]_H$B'A?1,_PI`99B__4WH;-N%4GT/=C9> MP`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`=EHE2WPMO@]XS^N3NR^T'E*>7"ECIVQ?+PX%FVFPX+-`_15OMQ;'@ M@+/@&-Z&^]"M.?8>7RT=#)=!:6TMOA0%'4D*J!Z/W#ZOO3%Y$CK>0QEAF2^MM/$HJASN+BD\F`AO6)6PPL5U'^K1 M8%PQU*=LG1YN^NVR5!]=8GB!^T9'>_]V8QF>M\L$S7V7VY:YMN5)5/:E7]S# M*IP.Q/GMJ!K[Z/@;!5^_!-21[\S7GE*F\M8>W0?N=&%DAASWR6+=@9BLRKFT MMK)P;YCK1797@"Z*GY-$1!44(A@;/X`DV/S^/GBRS*GUMO;PVK:=P)YN5#6^ M=YUGUUB>)+H_&]_-9;!<@_<6Q5ZJ=G7\`VCQ#.V"OS#\M9\^&V_"'\07WI/= M3!L__P8;ZBTURKQS-#59]UD*S7[]2KJ3A)?Q'NLKS0G7-;3%A@RC*I%SY MQVZ4_SVHWG$(L@3F5*E@NRX`?,Z;70GL]2ZD8"2%?JE21=2E#N,!VH0Z'_N^.C8C?".067J=JQK-"+ M$+UZ^AZJI4KN]Q1UG``[2X`ZZN]ES7$>(+KWZFO7W5IR*V?/_BFH8%F#'@,4P@1%1\\GB( M`!7N[BYCAA4,>R8D+"M$/'ORV,#QR1+_O+BSA<>%$WB`BK#1)ONA$S@XV2OZ MS"LY'`4`&@C7[9N=.VX)Z?+>U[.\UD`;):#=G!AHJ5V[/5W0/E2YO&P?Q6%Q MCRG&KAN7!7!5]Q):9F"<_?'NZY>'[D'7\\UI;?G'\N*!A[!P2[RI:](`S0Z2 M.\/X>\/"8G["1OS->_)LVEM=UIVY4&=`8,NHN)!^6H/V9F&XSQNA1A]Z'GD',MM&5+'6Q\'7P= MA\_33C+Q>E+G<""9]G9.)WT8^EO4,.U82`2A@"YJP?`\X@M&>"+\O!N-9QGX MQ\'GX'/PSQ/\UG+T,\6Y-!K(H2HF7%N6\TK-QKGCTHMH?QY8>4+\4&QU+_J3 MP\)AX;!T/EJZH(JJQ'5'_B"&*Q![1F:=+MI;0ZRP?KKE9FO`UG%1?6WXVEN2 M"QSX<^83I>X8^F;[(%5WF'0I::?Z;9>/*R/,)00'_K3$X]$UD\HDD^Y&ZX71 MI>9C/51B3\",J;2&:>;L^YZK$UZD4[J+,^JWJ;+T^_@(7 MM&?DB>2P<%@X+-WRW%=]%6EZ_`J2P\)AX;"<@*OXM.\=]6$O7,4=P98T%$?C M7G@X.B`/SH=:CG8O(UV-CFK#%[N8GT[;Q:S+W,6\[\0Z[YF[#GSO#BQ-G%1S>7'RYU7=^G5?S:K3O@=5JPD8.#6YLU.::'(OBKWR0ZI? MAY1234#*J1]2M:O4C5UB\+M6#@N'A" M:;\0VW?<-\$E'G%?"+]NY;!P6#@LI^+'/NV;5TE4\CSUYVOW[<#7N)H+,NXB M."%2.=I%H*A*%7B]F)ZV@T`2QW+-80]]]6.?]F6K)&IJ+U+M.X*O"UFII.-; M3>*$'TY].IPJN1(Y_:.I=C7Z!$RIT[YME4$]X4%!)4XI21QJE2",GU/])Y+C MHU>KBTXG*4%[X:80)^&)OQR?AU9SYBU_> M88^IU(F[LS2Y[ZRR#N:P3B@@I3"]A9_(XR)E/S*V@WX45><77EW3]XDM./-Y MB>WFB'_>$[>Q"_&W4?:BX!M_DJV>(1SG>W">)\5WX?PNOLH\C-J/;C9:NN_G M1@-20B?^1E:.Z\.'.QN-[G^/-Q0MPD\E3J@,?OI^2+O`S'.S(%]MG^T1IPUB MZPV_\'S7L9_QGY+*^IDF3\ISU?J(7U?$-9#HA)`*A3M[[KA+(^Z,M'NNEO2* MG6I%K#[% M\-3P\$UO0`>-WPH_%&`!P=R8^L#_[%,/J1)TQKF%:UJ9GN]8\`?^Y)(7QWHA MKB>L7-.>FBO#LMZ`W@1#L`-JZCMS84YFL#CXX=(RI]CR:";".!!#)\@C`(/JSX-QN[++$>LR$0&=#M@\?S M";$RT=+DMK9#3#>."Y0#Z(N1!)OG+`GLIX5(Q1TTL9D/X";ZR;$%;P'D=@F/ MERF\P3YN_3WWS!40S[N/VHMC7>-)X0!@X M.NS1@NUAYE)VST-'.H.=38L)\D+U!_@$\$"%*NWF!B@"9J0LY6&0EA.X4QP% MN&L%1YXH/!G`HKC?*]>9FS[]`O0!3W@B,`H!#?1[Q'=A67]$\0K,S"EL)&X3 M$D1*.$4B23#P:THL0%`HQ!:.!UP?-O>*&=P+EL#Y;SB29S[;YMR<&K:?.=F% M1XCPQ0&BD7X:P-D!%!%1#U(DF](E4\=%!Z3AT_%#!-$=^D]E\CR`.6QK93R3;A!/5K_B25/MBH%N8#M^>9=N9)BOT1_>.!$7??GP M^,(I'66'-[F4BR8<_/&M4%I["$;[`OQA0>4L=MP]\BC M?D;!EZ<$2^V!.>PB<[)*K.)1V)7I8V@P[?4^5=B2*L?OGW'B1-^&7C=55\6) M4BJDK`MMN(Z"69%!)I;K,]![F&5-$D=Z+3`W&6P0Q(U"U?$OJM261$5 MK82)U=7319;%L5*BAE97X0"Q(`^KVX^.').1421\L,RE:=-+\AP_Q$E)JXOJ M#LDN1736BK+J#L?S05EEA^(6RAI+)I0'VA$Z3;FO,_%,AZ#-WRVR:Q/+AC+O M'G.MPITDZO)1R6[GBSQ%UD6]C(G,D9B)7SORVK@7#(-A:130Q2?'\WX2 MWK-(D/#A(P:$=$;UXT[-LX&EN5O`/3=_1\%7YM*'&3>2(HY&)2YZZB6)TNL? M@2:OESBD.[9\%;3J"K'/[]9BS%Z`]J:5]3YDF"9M+5^&S2E+UQU:OB2.E!*F M3\M63HY_)`XE/A.K53GA?DFU6OMCJ05$' M4F;2&5_E4>&C^LD&E)R;PT0=@QK:B^9>G4/=9"R.QJ=;?;=.U(U!/9F<2L7J M\[5AI;$JJCIW`!P6)S$KC1'7@[E:6/QR(X3;0>9X)^W9.62J9G4>.J" M?L>]"V<#R[F&C2BB*G4F1^&`J!=1&?=W^;JH#4N$8O?,?MSI.SE)15Z7*VG0 MG1W$,(*-QH/PYTL2FJ)N$".NY2_#L[]HZ+#VK88 MLNG"8>DF+&=J4LHC<=QCFTP>BF.IQ_$"NC@9 M5I='P6W*-G5\[;APS+.UC211/2X8\VPQIW&KLO?:O3P69?VH"@]GC#NP*I6C M6.!\<2=-1+7^_('.=8ZK==8[&YNBRN*.'@66X3YC/XXI3.<*-F;`=\,F M!;3S@H/6,&M]`#^]81L&,(FQ8/],>"4N;;LP=RS+>?5^%FZ-%W/F.78RRZ4T M_O%OPG\3UTU-??7!LHCO"^]=VEL#7E+AI4_FRB-OZ4\5>(IK>L#.#Y[PX`3^ MXE*2?VP2B6UNG=3@UNW=(@TV(VM_<>LV-XAMV_:&RC]VH^M%`WLW[-+>C7;L MG9S)=E(FVTGGL'>/F5L6]@W"UB]1ZRC,T'&)]9;90XIB;P:;"XN:AKL8;Z#P M[!)XR87/#%N8J#]N[K<9B6TF`7`LI*V(-S?$7"SU:!EP7O4"^N1 ML*M@^M%@-%:E_0T$I;4&@E+80'#S6_PZ@`VDG_[VNZ,I(J73MNKQ_[<.UM0_CM:]_NQ?OBB:- MBZ]]`0SZ'GM-(0?#[S0>C,&0^5.S-#31-K8AC6T^B6NHWN#W\%IO]V9WN^&]"&DU_1GGH$O?WKBI9* M_A6&\+T[FTU[W%:4G*S.DQ[7YVT>C9*")V.!P[%Z6,]C.VO3[NQFPH/W.8U?`NG?F&N"W- MGZ.Q/AXWM(4;X#6^A[\3O`@BL^L7XAK/A%+4K>&3CX;I_M.P`M+4]NY=2+4[ M#RQ#5YS>>QFV?J!+C6[[7K";HHBO@>_YAHW]H3?6](TL#=.&YS>`;M>8^H%A M/1)WZ=5,&@>LJ&K-[._WVA_CSZ/;)DCB`'`KHHV8UJX]+UBRU:";;PI+N#5? MS!FQ9]^`)H_;[Z*SU*A=WP?K#`^R'MZ0)Q5L;U'H3G7+ZM*@-[=,@RUK=[N> M]D_W5&8ZY.24*Z&6X:N7B_(?TO"SK&Y*QEI6?SJ;4"F7_/U^](?^69+;VH.J M^>Z?C@7#6'!*UBNYUN=I^KA15;EF^;4.WREO7%.'CD0W[E2V[9OI_?G1)80V M9P4CI)Y-RYJE05Z3J6I7UYYE`7>J.]84D_5VQYCGYNN<.9.N7PS3PO#6CXY+ MK?GC-FK/X`-=GXP&(WDRRO-V1KZ1X?ARJ%XJ0_;5,/.[?M_72,X2=VIZ.`$0@6O:GCFE5'*DWK=W^(I=EMNQ(&K6?M0"2D4>MPQ^K5N1V.!RJ:CD13KLY8=4.JKDPW3UN1M3E=\_\V3:M7][Y M;D`J#,(,I>3WI65[/\,DO[Q;^/[JYZNKU]?7P:LR<-SG*U!(I*O__?SI8;H` M5%_".>,;]A16<=5?##<=&G(I:Q4I8[N!ZO-N;%HO!>C]F$"/3M![E=$7.3$6 M9R='ZL=KT])CPJRYZJ1'+1$I#:*_V4`PM3I3NG'\UQPX:"-Z^*MI@)W>K7!M?F*,S98`ODYT$]D>U/!/Q6ZPK9&!:&F M3`JX6!(9N/YZD4--D?5QQ:?:%AQ]1;XZ+(#\87(`#+[L4+DF`X7O7.4[U\S-%V>Z6K:NPI-MQ]:!A.W"SAUQRU8^N4&NY,[R M@'FK+DV"8;IR16&ZAT-UOMM9PQ5T55'7?#L/V<[.!M'S[3Q@.R?2>.]VPNF9 MVL[D+-WXEF[G^`]I.V&O]=W,.Z^]8D%&9)=O\@#=I](I:ZSEM5,?*J7*5@KM MN6UNX[@T;4WR^\Q6*'=Z3%D2A5J4H+`[J.>UI MP_%`DT&9<*_ZMM1_<.P9Q;U$'C^O6.9T[>XZ'JX&T5>K=R%&9:3 MO_UZ\_C'_0=AX2\MX?ZW]Y_N;H1WEU=7ORLW5U>WC[?"__[C\?,G`02<\`BX M\$Q$BV%=77WX\D[(D&./WZZ^XU@2?AS^>>FGOAS,_-D[(2E=GZY<'_X=+NW! M-UQ_O=;]>N7]HC7U6?7]R]\_W/WZ#_C`=ER@EHP:_1F5_)-N50'^%>V5@#O$ M.MD%<0W^HKT!Z,.[+[W60)$@F/8T<%TR$UQBT=X,OD-;,GB` M*]PY[*^P8&$Y>V%AV"Z`,K&@6E3!GCM!VTP M$I8FO.C`,GY0!EKR+^S.`$^&T9-=W1M$6)V'-1;,%V*]=:.3QG\`4S@EO94QA"WYY-V3_7AFS6?COC+:4F:)\LR6E[ZRR M^E'^?G?[^`\V\Z$=@/\F1(/@`?\N0I_GNX[]3)O]LD,H>5!L[+1>LC[@0[!< M&NX;'KH/!84VH8MZ2*:$AS8I$54*9=6]#L4Q?C5?BL199 M=)F@C,(1LMDX#$8SUM:E_+@&"WU]L*.%&4,)'3W!"O*DLP)3DIJ::_W-=K8U M,ZPEG&KP'RM2JMEY@S6&O!B9NY81+Q;G\AP+&]^Y3O"\$`Q4Q4$_%FP6`@Z0 MF8#!%:(1QGY=.``=;M_,!,EA/@6^XZX30:CV3YWE$LUBW)6PW1B`[/Y)_&YH MW4WUKX,M\IPT"[#]0X,';2:L_$P);AJV18=79R%A>CXA%FZQ\\:(^LGQ%X(3 M^)X)KZPW+C2QEA4`!-OS\>VW]D>5Q2(B76)8:M=H`BVM92U M&*FD8'*]F+@21C'0R()16)_$-9:1*N3DCI%3\\Z(>\"XP80'8O6C:1LVY3LJ M+JAWZYP.LC3OA:TY-^3G,[%!V**L,J93LJ(2/=&.0EF&Y'?Q[M?KZ_MW/S$Q MNEK'\SS&LQ?C&3D/Q#"0[=+TWX17X!\!AP"F^"LPD?=AT09S.2(W+8T_B8"2 M>ID(]J1.';:F!!$_GZ,\1C9P:>-&7.X25^OA,J*FF/"I91I/6#32C%I?QNT= M\44\'@`^G'GM13;T#,L(ACR9"5G4'35K#2YY(780SAJZ<.`08B=;\A'%+LNN M!W440Z30&Q-8,`A@W\(%`ZQN?"I[*=QTC,OK(EPOI;&G:3+4V%%_F,*I"^A_ M(D#9(A#1,Z%"FM(:XMIV?!*2#B-_D9[RADW/B&<@?`'(V(\V.TM<[$1V<\*M M@W+V&Z-RX1N9.K!+9V<@!$]X%^F;3'*F%$]V5L>JY,>O[X6+N4M`GMB@LACN M["?J!%XQ2C91$8EP::)B3='Y;^RHO"!V/"K\1+]"41/*GD@U$7R0FR!Y7D&. MXSN)X&1]F@77]/Y$`@?IAV;$=.J"L&%+9.H5Z!5LU2@CF1QC6A1V?D:U1:`Q MH`A!MI:"4LXU";P_6-?VIN%P.`7H6(OM>>#_`=`(8^BH#O$7&D9>>A7TY>D" M>U7C>;'E)K\.A3"(-B,6+),Y&YX=9\9&G5JP%R#%<.>\S37#?GPD,SQ_X0G>FL%F?@^7`P_8 M@\&')A^@'3P.AO;A3<#<(#S76J-]'C$X7<$O2JA8>& M$9!JK$^!VD+U*6,*&\-\J\B=3X0)!9)LUT[JKAWY5;G,KB.9!RO":4;\PX5\N:(/6VGGS^\*TR)H\#KSPX'N"50$%HP'"#!4C*J0GZH0MG'TA+XPT)VH9=]SQT.9M4I<3!W'55%DXP ML#RH>02GO>TLS6EXWLY@4I?RZ9L_D!! MYY"-]$;.RE^PK=?N=$V9"88HB2/!H9+#1#XP"W.8HNXDKOE$9P1(;@F<'FM2 M2&B7)K*?Z<)?3N`+%Y_N/G[]25B"/>?,1.2#T%\J?+!"(SP<''D@O990C1-< MXU6(J!N`9'X[F.J)\M26RQDTMP4Q9ATSK=MPH*'WW7\3A7L+"('=4:!"1>-6 MSHD7$DRL$DR0"!-,N3=D73!:PZ4"(1UKF(<)FN\.R"S4FQ](;`4!'!1H_BHN#\#)8! M^WN61AZ;;`D0SI*;J?BTI3:N\`R:*-4U<1;XQL,X*;8,M'`S[&GJ>0=AA!T\ M3I^"/QNHZ-N4@!C25X;IAG8IM:/994=\W48O+"QCFG)SFDO`V$OT@-+\RO0- M"W%Z!BB,Y>(GQWZ^1,Z="=>4'@EC, M>15X$3>BW\NG2FY*)YZ:+H@$%NF/#V8FWOYF388JM^WX.#CR.<8?@VZ/%WOH M6:?W#E3"4CGP8I)7<<>2J6AA:PUEMN$F,9M`__^BC:B$P(X\5_`/:KK.Z8T* M`Y#=I/AK\HH."BMB:DG[@*"]JQ?3D%!>32P% MMD;@9@/E-RR)_D7/`!2?H1*W)`9>D5!?%1V+NM103WM=F-/%?OR1[U-"9EXH M_^P\)DJ1:F+ M_+,2R@QL0IC`LLWHHBNB7V1^QS+Q,A/TM2J\\."1)?"R:T>+N'.ALG(WX0%V*J`&7''.![FPD1>,U,N.Q>V;[=:,^55*M(CT1(T4B2 MO<(B5Q91=U"^)`("CWQ*!W,[-3,SX#09J.E[1!QDC?)QI)AMTUS[CT@(F8EB MQFRTR/".+=E-[D\-6H18>,0+TW._Y0MQD5P>;W!(K)U2N;T6'Q6Q62:+ MS,B86."%#E&]]_P(V5GX%YBAVKW.Z#0E>/B?0B+9Z*_O$/]UUBM+'H@ M$=N@QPW&5V$$[1O5?SWZ`J@BX75-J$TS3Q5:9ED#@XGCO^+%QH[(K>04C`*V MHF@*7#Q8)::WV^&='5S6,1](*PYC&J+R*2*HF_D3>FE? M'STBT\FGZ,?M&`W7JJ)=S^"4]4V/)RQG^?:B<%4CA25&ET82`#40TDB,OT$J MS$XSID'O/R@#-96Q+`\F&QG+\D!)GG0O,YEGV'>$8'F&?7?W)A4?[(&F-F5! M>;=@V5C.V5T@W^TBBK3S#<@#KV'7,H*`]%+"\0Y1)J!3AAL&J\)<@I-L"1<$NH$Z>N_O`=\MWTPJ00]B)&+J=V.3UD>&;0 M,%;*8K.U`^0TO3\?(F_!"NPH6D'GG*C]/5A/T\1C@CA@OA0SBO<+5F'$WVM8 M,NC28#6#4OF5]),PMF>YQ#M]'VL/.$FQX70J#5J#`^'6M&B,1<;V[O8+$GO9=>F'V%KX4FM(;:#^TIDFA M6@L;I1QP&0M0Z8GKA99;^P[;5+ MJJH/:UI[M=VVMM8^T8:*7-O2J^Q5E;%T31K51C%`OM)0`1MDHHWWX'Z#YC,^ MRP-#5A3:/+@VPB\*Q@;YEP9C.*P+#$K41<'8X(328&BC^L```B\(QB97E`5# MUN5QG;RACJ0#6&/[JURY.E0UM4[.*`C$!F.4`V*BZUJ=;%$0A@VN*+D1FJ;4 M=393^BX&Q"9/E`-"']8&`^,(5=,/88GMSW*W8J1/]%KUI*)P;')%23B4L237 MRQ@%X=CDC))PR(JJUJI`%81CBSE*PB%IDE[KB:%)FGH`?V1\E@?'I3+6]5H/ MC:)P;/!':3BTF@^.HG!L\$>7]H.2>D$X-OFC-!Q#:52O1J4>PA[;7^5"(8\U MM59CHR`46X='*2BDR8@:W#6>'8>P1MF]F(SD^KP&].0XA#'*0C%41@>> M%Y#9+77-L;K@K!DU_7&C*\V1!C.4R94F,]9PI"V(LERO+8JS?7+FF&-344@N15DTSK6;YKRQN M#FT=T3O<--0>KUKYKC9MYDJ*H69IX[BKK`KYI.T25 M9%G*<"%5!/P_6;;A'MCI6VSO]KC_"NU^65^@-)E,"F.`KK4>!-#]*XB`7`HH MBP!M+&7XWYI'0),-E+JUZ_5P?.T[?>\ZSZZQ_$+C][[.F72X#OR%XV)NV*/S MGJ3&SD)(N1$&.D"\&UDIKSJ@2IYLO;Y/(@[?_5VC00H[$51NO9U#GCH8@[C7 M!JJN*7MP"!2G4QK#KX:9W^U!I:+D,EC/43FB*!D51.7D4I;95\/,[_:@836K<]!8X.M&F^[IF4[K M0Y;=$=SI6DX<=.KTU2^'2JQRQ$18*BBZ-MP%3RSKVO]`*VIM].S;]2MOTQ>_ MQ=OTY;?IHU^D^O3IU3?JBXA48%2Z9_R6^O&UE%OSU18^DBFTQ@ELLMK7B+!:.-6(X(A@`,8$);:C2HDS@0HK8QK6 M])YB%AQ+Z8^)'A"^W9:/I2'%U9)I=2]64YQF5-M.JH+BVA1QBA1\P)H,L;]? M:6>AA?%"@!#BTM]18M2NTDU17R*:.15WYH,YDPH;M'L`^BTK2GW:=62MGWN/ M8?85/4:OI[2K5-2'GK9_)NX#2T[#HRS5J!-$4:;U`!HU4'4A:`GS1A3:$ M"V6OQ9B-DI3YJ.PU'W=C9JAW%C/:7@,PA9E)VGD36X/:7FMP%V;DP43N+&;& M>PVZ=5^>NLU&X[W6W6Z:F:B58B;EP,]X7G$F99;)JLJ3B:KL`BK+)5]F_=5F M)-:V_FCO=L$1_5ZG15?$7YBSM$IA;$0N%W+K-05Q(_*VB/>M*8`;$:.%G&2' M0;SNA\C^B3LA3M`)<8!'0:[[N_GK_OKV]N[+K_$8\'5A7V+^ M].O%SM#I1%R4]X@-&[5W'/$1"W#AJ$^N<$6G^!*5AUE[RHZAM4?W$3'6`US+ MB`FMEG6(L6>!<&^8L[7'ZQ6(3@T155`(R)SU'U@;Z(V7GRQS:KVM/;RV;2>P MIV2VL0_TZN8DT?W9^&XN@^4:O+.X]M-GXTWX@_C" M>[*;:>.G<>N`NM&9,(& M`?M/!'NHWE54#_L/1X!,'9%]`_B<-[L2V.M=2%'!\[HP?5)$VN"?DRL4*9>3 M*UG.%"V'@G4X4NF78Z4<$>V=[B@XRDB"=Z%U.I&[LOI3V87#X:AARB:T@%VZ MB72E7N'UP)4,W"NUKP;&Z-HTD(\>.=E"05(442UWKO1!A2XB8P[%&%YLG2R^ M.*UU$W>'Z4#UF6&%M:%=NR$/M'`QL1NAV#8F'QZ,;CJ$,'.")XM4OI>[!T]M MIZ9JQ[)".3RTA,6RXK<0\FB@SLFCCA-@9PE01_V]K#E^"`+.ZS+LVK*R;J9H MD.72F(7M=VDC7]K%.NS>&UV"X769[0@S\N0+KT7:')P0YOSML%51^$%/M49Q M:38#.MR3*&1L%105Z(_Q75'L:':804Z40I*KN?VX[C+YV]44M]=PZ-)KKC1? M?NG_I.'00!/7>-5+^[M?VS/L(>*^$"]JDXG0%'HS*D,*_Z<,I7(;M/U5?L&6 M]6@5T>C[L&>UCNM!#L6]5.R\"N;*1K=0)V6B*U".S; M%5)+[?MPTC78&;_+\B'\OO55?IY>YVB>\7LQV#?YO13L([ESL#-^+P;[)K^7 MVW>Y\7LAV+?XO13LZD3N&NR4=^6Q/CR`X3,^RR]?+TG=`U_-A*,(SY<% M7U,[2/G`P47!WV#[LN"/Y\L0*%NT]YABK%L)4WPKB+I=C2^)N/"IC MAW<4=?I>P[40QY8ENY)*;">11SENG]);B&G+:L!C[03T.DDKC+Q_I^@[,0XY;&GM[T@7%+9D%8*VH_PI*76]*`+[5)*>,A67`3.&E'MP5I M/RIU5C:-E#:TUDM-*755WRQ.VM)'.XJ.ME3,2T4MM*(^E[CY;8)QB M_JH]?2'*^*LN2]V([L+([P3#-^.28U%=Z5O3"N`I2Y7^&OC85`7K/U#$E/RF MT88I6!QH(FFR,DD5YBNYX.8QU&0O3(JAD:+)JM0K##77=X9B2)Y,I(E2+X:V MOGIO>.8T#S_97S3.83K@1M4G>[&3O=QF<=,X;TFCH:[V!3<-<]50D35M7`UN M'/=/XGKIMF2?3./)M$S_[08#W,/:^P7>JSN,6AUM1&H66%-]P-8<>'TXL-^? M7,O\&<>FL$0T1'^,?U[2(&[R=_8O5M3KOZ[6?Z.C727#[1C^=L?0IN>HLC3^ M&=XX;.1[>#5WV2OX\\"AHZJRZ\.SJNGAL[7/@*6`M7S'C7\L"R_]XBIOQ-1T MM\1VEJ:=/^&^O=N<<7O0Z-<4W+MP%Q(W15\DT93+H9Q(-/HO64>)AM(>-'`5 M_R#9>;FZN?N_8/#B_S?1 MAO(D6G/R\>:P'J'I)9NXG,$ROJ\L18SWR;3)U_F- M2V:F_]&84H:[_FYZ<4=%.E"\3OQGU%)Q=,5^?/?WK,'8E/]UE;F2K1U);Z('J:FCIZ%!+. M/EJ2L7RK,MS2'":C#:G9/!4=B>L0LC*X#L&O$=?CM):&A7,GB.NM,JL]Q/6X M)%V'X->(:W4-UR.@!<2U>@*X5LOC>I1BA1IPG7O9-9D,%'TL]?U`NK<,^XNQ M)*4/(??9_?GQU7E<.($'!L$'"QN+M'@*A?O5+CP>2!K:+I##M MIF^$A'3P3^+Y<0O0@R@I'.%ZY9I6BJH^FG.?%"6K,F1_2^8$$Z[3%M"UZQHV M:\;SN^DO[FRJR0:&E33\&?O_=NCZ5N@?"4O':S%14V7..^4X9TQYYT] MO/.X,%W./)QYMIE'50?J<#3NO>KB.GB!]M5](.Z+.3U,A0D'N;.]P,4+NGN7 M+,U@&0;(<+(J0U8*)ZN(K*ZG4S<@LT_DV;`X+96GI0]L,.\@PKHQJ"KI?2%M M.I3[1DS#T4"5I%,X^`!#_ANZA&B0\%^!N:*D]7:0I(K&?1^8%EX83)6N7C:$D^_V<9\#B<>=DCFU%2&FA1.3;G4%!U\G*I*4)4VYE2U155WV!`I M7`ZGIC+4Q$^\;6KZ:+K$<)=<+I6A)'7"*6FG:<DU:L;R%-^6\8W>#8!^E;L>R:S4R4 MBH:%[9;O[!MC9?J&Q4FK,&EIJC20AA,%;VQD::!(+,&IKR1VX]C8,=FE9^4W MT_OS_=M[8D\72\/]\V`J>S`LXGW#\,N`_.HXL^*W-V66_MGXE^/>!)[O+(E[ MF`GRL')`P%AAR%N@U"WPR5QYYX\K%8>0/.BPG_SZ3_W\3UWU# M%?N#91'??^\Z_@+&XNQP&#OHG!UZS0ZWQHLY\[C'["`&4&15'P`/C`?2>#2! M7R8CB;-!XVSP#%R[AA\)AK##DK'!2K/#J<$8XA!'D"6>$ M4V*$KS8_$0HS0N)T[+DYVJ#;CM,-I1N)T\W/GXWOG&Y*T8VD#WG<9BY%31>F M3=RW])B^5^7N.*Z'2EC97SE+7%/PZ\*U=(EMAN2-WE2`ZW'?<1U"5@;74KUT M+=%>`TJ":VSPA+C6^X]K"EE)7`]3K%`#KM4TKG%],N)ZLX%4'W&MEL8U!;]& M7--%Q;B6:'<0G>I78UE2Q@-5UWK?UH<6N?Y&5H$[71@>N7$<8SCQ9S#/BS+.OG=(KL8I> M^7+6.1_6XDA-O/5-YUO?](^J>.N;[K:^Z2$U\1.ODZUO^D=)O/5--UO? M](R2>.N;_K6^Z1N)\=8W/6U]TSM"TW@%P1U-;T##\@+WK>V8$WO#FI#BA&W5T^LD*O.'-:;%"JPUO>LP(O.'-:3%"NPUO>L8(O$%` M/QL$](W,>(.`_C0(Z!EM\08!G6X0T#=JX@T"NMT@H&?TU/>"TQW'-1;$E@?Z M:'B>N*;@UX7KX>5PDN":_DN6L;BW%A;W'O'BWIG%O5OUQ(2[5H:.PJVMD8[T MM8+\49'XWA?D#R$KR;-UEE%?QS7]%S;U8&R*/*MQGLWBV7:=1@?04;BU-=*1 ME);]47,8&IV)%47'O*+HOHJB"Y.7XVV&>L MTV_6X>5X4YI+5\OQ]I"L>#G>F*RZ58ZW?[3$R_'VJQQOWRB,E^/M<#G>GA$3 M+\?;Z7*\/:0F7HZW\^5X^T=5O!QO=\OQ]I":^(G7R7*\_:,D7HZWF^5X>T9) MO!QO_\KQ]HW$>#G>GI;C[1VA\7*\'2_'VS.*XN5X^U..MV^DQCK<'Y7A[1U3<7=W'9ZN?=;;Z1F:\SE9_ZFSUC+9X MG:U.U]GJ&S7Q.EO=KK/5,WKJ>QV9;N&:%7Z*<`W_"G$]D<8]QW4$60E<1^#7 MA>LQ#A_C>IS0-=9'`I-!Q?_I?3W#4?IW?N&1F^A^-*4W^/%A$I@=K3T9& M.U>&EL;UT)+A73IS%(O*Y5"^E/6!/IKTL;R6:0,287L22.+!PU^JQ92D`:-) MHQ/`E*35C"DJDK!,O@;`X/_T7W4+GCSR5X"Z&WH>CG)>;(S5K%#:H@6I-EJ0 MX^-)BFIGZ`-)57M_/MV2.7K0WQ,;_O#O+<-^_X;_>^UYQ+\!&?WLN"8Y(E6/ M^1L,B]D)'P-[UK";/D4E\OHIU`25C#F5[`O>,MQGKYB1J] MD0N<#TCQZ2GC8V@T$,B*WGX=UFHM&O=]8,*_[6<8,OKS;KERG1=Z&7(V)P^O M>=35FD>MT@2O,=.9&C/MT@&7#=MT\.$[9FK2^/$S(@5>+*@SQ8+:HP->ZJ<7 MI7Y:)!!>J*<_A7K:)!->9J=[97;:I`>0&]Q=D4,5CF-YMR:50I\=ZWQ,+UT2*D<0]$<48>#86E+H_DOM-%?+#0[?\ZIWZ(@ZG@BV._ M..@B;RTKL$62D($:^"E2H,P1:"X@2[4(>L3'L*5FT5IV#,8#O]SCJ%;O"9/;VKRM$_#,D#U11.7F4J*%TKG3"JVMUJ[I6B[3`:F-Q5]@F M'9R=!XQ72>/4D%!#CTO4U(^IX>A2&2*F^EBA;`U3%)+:,"6%-#4:*Q.6.3V9 M#!1]W'LO""JC!V>Z/KXZCPLG\`SL'8,]#5J3*5+-G+*]_[R`3_\*^+1`)=S+ MT:<"/BT0"/>3]J>`3PODP0OX]*F`3_,$P@OX]*F`3]/TP:NQ9))&UZNQ-$PF MO/)&1RMO-$\'O-Q"%\LM-$P'O-Q"W\HM-$T@O-Q"+\LM-$XFO-Q"I\LM-$X/ MO-Q"/E5TIMQ"PY3!RRWTL-Q"TS3"RRWTI-Q"TX3!RRUTOMQ"XR3!%<_^E5MH MFDAXN87>E%MHF#1XN86>E%MHFBYXN87.EUMHFB1XN86>E5MHFD!XN84]A-&I M<@L-4PN]VO6P,%SRC:P"=[HP/'+O.L^NL3PL8XNB]W'ADC9/4KI/3=%! MKSFF7DP-8]FB#GF^8__R'8#G@B6Q<3V1JF`Y[(UK=$ MMJ8)A">R]3*1K7$RX8ELG4YD:Y@>>"I*7U)1FB8,GHK2^524QDF"'QW]2T5I MF$AXOD%/\@T:I@L>_=?'Z+^&B81'970X*J-I6N!W\5V^BV^8&GI\LU@_IH:3 M2UG&.]A1>!<_XG?QF7?QKTZ+_$)WJ4XJT&FK$%U30RK0.!5D4<%7N\TSE.Y2 M750`)!8UC-$5'F70NRB#:/^:H@]^J]BS6\7&"83?*O;Q5K%Y,N&WBEV^56R: M'OBM8D]N%1LG#'ZKV/5;Q>9)@A\=O;M5;)I(^.U1#V^/FB82?F/0Y1N#IJFA MOS<&M6-JG&`*L[9`K*KX/[UW%7\"_>GK_,8EH&-_-*;4HW=XM:;48*WQS+A9 M2N@QS]2/J:%*&XSKDQ'+RQGQMMD_TQ,%5%%Y4HZ M$H'&KE?&"B>"5._TKS:A)/%UA?HGCOK1<;\X]H?ERG+>"+DU73(%';4]ZS;< MPN-(Y#\N+S]^_?KXY>OCAX?+R_C9S=-=\H)E MVG_^/'<QUNDDO1_* M%?Y\A2_&%$B_LISIVJCP;P/0'PVZ<,G\EW?_F6^4O#""]C(0OL(@\$_!Q5<8P>/$)@[&)H7I"#Q^LDQO`5_/'9!,R9R#_[I:VXG, M[;EVURG-<*<1,N'//?@,W[B:&U/_,H57-H/K+"NAJW!Y3B5TXK@SXO[R3D(& MN`HEQ1:'GP;CTQ"LBAA_QUC-,/[.R3GC]YWQ<^FJ+./GTLE9,;XRJ8[Q,\=J MBO%W3,X9O_^,GT-7Y1D_ATZ*,;X@G`3KZYHD5Z?L9X[5E+*_8W+.^GUG_5RZ M*J_LY]!)\3._X\R_&>]ZS0B"!49_8`2%ZH^$J%"5@3H>'7!CS,[">#X\3W@?.0Q;;XO,[6\"`<,KC\(T?L#/*"7O\+OB-, M#0^^]1>&+[P2X&W&LS.@36%F>DO30U%`?[&(1U]D*S&6-!0Q7B`N!I[#DMF( ML.`5H,T5WHCA=H/]CR>MA/N/)Y634/@+H0%DH%81X^\8JA'&WSDW9_Q38/Q< MTBK)^+FD.?!N/GD%9IQL\AE7+J?L<%0+[Y<[,P MW&W1N@`RQU]F&1G2,_5]R['K]`:47PV5&QV5&#<17U&EP$#&=A#IQ&%XB M-:L.:;)C[':DR<[%<&ERDM(DE_B.E2:YQ'36TD0_^FZBY-AM29,=B^'2Y$2E M20[Q'2]-#^YPEP9;^R: M$GC;"7S/G"'W!T!L5IKM5\P>3PF4I>'[I!><6G"+B_)FP2T[@[,]P405ML'> MT9KBQ/KU?\Z)E>C+UZ[VC-<6+=NC/GQ$KTU8);=B8::BKZJQ(= MMYL@A@"+B:@!DJ./.$FWO`Q84)HR@? M%][H,SA3T[BH0K\M,%YS7%R_CLNY^!`NKD0O+KS19\?%Q^O&!<9KDHOKUH\Y M%Q_&Q17HU(4W^F2TZG)AOFIU@>UJBX'MFW-7QKIWMA>X2%3QY5#,P%Y\R8-< M9L8OPL]+,UAVPX`]?@L33CM^2T[BJ"P73GL\@^T8JMD`I;@AC$S@_LJ-_JBU#&#-LW6+U&X/[9*V/"J`V"\.J:/FPE\-N\"\Q5 MQ?84-<6*H?MD[+#"R*`'^E;_F0,).7.PQMAHQ^R5L=&MZ85\Y!M_$KM7')2S M,P=P4`ZF3T('+"E**N*>S,$:/H0X]Y3M[NS)&*S!LR=S=LX] M^3MST-FS$]-GJKUM-^4X1H':&JU9_2UC^@J=$6%GCMX:0GD[=*@>MP/CYW44 MT3.Y,D;*'JU958XSTJ$[=*A*QQDI.IXK/)&R1FM6J^.,=.@.':K='VUG,F];$`G9W%"$`I*^Y-=O M`P0I2KP(I`":.+5YB(\HBMW]=:.[T0":/_[C?>U9KY@&+O&_G@QZ_1,+^S9Q M7/_YZ\FOCZ>+QXN;FQ,K")'O((_X^.N)3T[^\1]_^;:SUB^NK:.#@]%;_;4.)$-OP0OASV!Z/3_O!T M.+'^TSK_,AY:BY_C&SW7__T+^]\2!=@"1OW@"WVF7T]>PG#SY>SL[>VM1Z-G M3'LV69_!H<]P7W]R%G^9WLJ([#SV;<3O'9R? MGY_Q;]-;`[?H1GCHX.Q?/]\^VB]XC4Y=GP%F8_A5X'X)^,5;$J.Q\_,L5Z.S M5-;2.]BGT^2V4W;I=#`\'0UZ[X&3L)@3IIC("4!L63'(E'CX`:\L]O?7AYL2 MA-FW9]^0QR1[?,$X#(`D__T+Q:NO)Z";TT0+C*&_L@O+]*;P8P/6$[CKC0?` MG"D@?P^FYH>9/!)"#V2BDC%\0/ M8<0")[&[HX^`51"A;WBB]QB%Q/AC';\QW]C$DQHIB-]0;[`1]_]V!` MP1-:>G*,;$)M)G,#CG:-%[[#V*/X!3@$;<57I:S(1;:KC;O'D-B_OQ#/`9]^ M]4?DAA]2/`58*4>7Q(X80X#2%9A2^''CKPA="A*X`2'!RE4KR17\FGQ@_`W[>.6&'&X);O!2;<2Y0M0'I()[ M3!]9HB7#PD9M!-YG05XUP(EBI>RQ(NW5@1.U;OW&?P7+)12BFSP>KJ/6-<61 MXPF]2V'@:D-`AK@NVM(FX(;:P&^0>+FAXL3KUO7!M<+\S-GJN8*^1VQMY.51 M`"X4#XF*`"1M*1!1%.>`T7J-Z`>D6.ZS[ZY@\@+YC6V3B.?*]\1S;;#DY*]< MUH4VBJ`-Q&U7V""'VQ3K.U%&)1D MO8;TB]U;0WTT()38BN.WG)')6I=6+*4PTLJ!M+\*J&IWM0SP'Q&8]Q4+LU(L MJ)T$5D]+=ZI`DM:"U5K+$T4.W&MC]Y5KZ1\(T1!3[^,!!Y''AIE@D/C!KSZ*((O#C@1G M?U!"(J6<98H!04AY*4A&;RO%D77/!=8(G%AMR"P=X]+A@8UTM0&BE"=YF!A3 M:H$J<,G2$(%C5HM0`3/RV``WBJMR6]6+V,N%:].98I8 M-0II&CQ#>7XD[[%8EM0J:S4\!.--K2%)I7#2X/%$3BUX4@S*0\@Y;&&Q6GZE MV%.+5R$WD$,02(<]E^-VM[KG&VG2.QBVF-9;\8?DS:,M`+D-\_M,BX%4A^D` MF%;LB0L6=E>84K&66FN55W&9+,?9%DK(4:+U)AY#,-5X(E=!Z*Y1B*^12_^) MO*@.JIN`H"C$JU<=[!=QSY&]X^PO;,AGP!;JL1LH3_S*"[I-$L%`M9;J/C!.B>TNB7[NMV8:\PUQGEVO.ST! MC@/@>*/84`]P#$..^''!%!*3>TQ=XKCV/=MA1/P+$M3(56(!B+_9V&V*\!MV MGU\@(UB\PHA\QAE'5Y/U-]0J].5\QPX:N,=T[?HXHQ?QI`9Z`>&BT/$WRU9U M(^PH+RH.%YXG]KG6U=,&9&E54]>1[[#HCL*H+J\KU1M9*AE=K/D,EKG39]_] M$SMW?G8;;$W>$27+5MD7UL*O_N:&+S#_CM:1QS:.YR+!C7_U;N,`W%;J:^N: M$=C1DKB8M.MQ(5F$,>UDOXPCQ2)LD(IQ29SE!B'5R5AFAI\9"=B!$>PM?#X: M<'H/).JO;E`K0+LAC`X4N*'BQ?Y"OJ]6*\SRQBW'#\#^;MI1CW7LAE3Q9*B0 M\V1N`9>%F?A.9JY4CVDG1,A37'$4G-ZXKV"Y'$C@$*;PGKOZ@/0XJ:K)5!Y= M](?:U3U9YFI41QF/$@C:R+.9YP**M_`YN=\-/?A!OS^T3JUTK1K^+;RTM7M8 M@LE0^X1%S!-^#S$+6O'9C80KB+CB+@\ML??U!"[\3VQ6%Q%EB^.]R7PV[@W& MO>DN&-FS,3!JE_R42!2X@URD[HL:#13A4_D&(R'(WV"2'`@)5[&3!8TD71%R5I*-2%IA@>A MX,7Y&2[VWXGUQM.S^,*)M8%4D\($&^STQ(H"8)[PM'1[<`91.V>:NT>'Q!UG M`=NWPWX,[@>O=R&!>Z2TG?.`V9,K.$P$G$V'4VWZEN.A1977!T4H?6B&TI.- MNA\@3&\P&`]FVG2;)=6B!DLE%(H:F:&H)(1NUZPSYC<93P;Z@DD%Y1;U*`N` M4.O8#+6R0XKLO!G\89LT('UB-:)%>($H99D3GZ;TII.)/I\KQ4*+BJX-B=#X MU`R-QRB`^/.^YOSOF,2O9/\0]Z'CZ;F^*%%%6IT1YN'?YGB2HG]7R=TO,#]/ M4YFI/NU*L]&&JAMA8E;6D-TVM15G,!H.]>FXD&8;^CPL;&=S@R,E+XVLADY& M?J(D""!9'\U:F(YP8BKL\\!<*CGMS?2<$XB:J;_Y11/(S]%@F<5G$[Z@&,TE,6I,<3*=S;?K+ M$VP^\1`[@3,K-&E0FXQ'.DL3XM<=M%Z;]E#6M>3C#"=G456+ASDCML4X#(9#[4&65E&/B/L-@%) M6,+$#$O(R,(W%NT?VP=\9B-]L[9#Y)MGC46B3'66,1LR+V^QLOI)[/<``F8E MC*P?BAOR@^6\%:,XNL(ZC_2F\[&^M*&"\"?K5Q(2LY+$_5C+72[R,K5;%G6+ MU"V50N0>]\DZK">N83E@O*,XV1)U3X*0XM"E6'0*91R>W.R:2[9H M/Y]/]*TQJN7VL^U*(_:=377UP7D@;S0KY2M=S19K#^/IN;["8#5Q%:.FYCZ% M@VO\>53,RIPR!SDN\89B.]EQO_&PV)2]6!,:NG_&AS_+<.A-IGV-NU,4D+O3%)]F7M-9E18CM2DL\!>ZH)EE@=Z MHA@%$?W@Z,0[]0:S_E2?,\D3;%VY!V0V;%P_L#,Z/G:25MX[KF[EVB[XQ7^_%L7_Y;^"Q_W'&V=]QQVZ;7(BN+ M[:BW=MZ(=.C@8^7KE&H?@"S>V!^W7(`\I&'8DZ:+TNP M\RE`@9_9!H2^?;!^$S=^VM%&=-AA-=S!<#;3-Q&79T3%\#Q.S6=ER MB9!L2UJ0%U+CVIP\(YVWD$/@F;5&4B*D:,*\+^18WSQ+GI'.6\@A\,S*Y^X1 MK^L'3V1A`U04EQ>;V$YS?4%5GA$5%G*4ZTP+P(Q+] M'LO$'$_Z6@_WR7+2'1MIB)[A7N2_L.<\D9]1&#$V'['-_G*D1O.1QC4C63ZZ M8Q^-D"O+4PUQ(6#UB8!WJW*!Q^-SC:OX37CJCMDX)O8L-"%QN M]HK(;Y#".=EM\$7IV?S\7%]J>Q1K&@U*+LE/=YBK`MBL*73B?J\)+7FG&DO= M-"Y7'&:@,R92$RO3TEPAG3AB\41@++#NEJQ2#`B!T,7#`62>SO4M33=EJW-6 M^.#=1"RJR,%0#:[LSABPQ:Z^];6AJU*[?VE*F?EB!@ M5HY8%I^FP[$^+]YZ5*^G6PE,$B7WS=#R3\CUF:'>^05ENDR-KC\XU]?,0HZ) MSEA!`\P2JS"E=+6_7'3CYSM)@H#SB;Z3KS(L=,8D:N.5&(0I&QSS`B8M8#@P M_?.1SEXW%;0[;`)E""6Z-Z5&4&[<52>_F;EK3/Z:,=5A:ZF-:6)&ABR6I2VC M?@.N\"5Y\UG#J'D++;)2@AW2?B46G=MB6=,]E/=M87Y08\^B.JQTR!@:XF=6 M"^>\F+MOAL@T(DU.Y68%GP[/"XM'A:?:CZ/58=U6ND5H@O%SDUU`OG>?2(!8KF.QK8E-3CIL&G(H2=LY-P,&Y$Y&]R; M]\'J+.+1\>>UQO7'E<+XZ$%O(= M:Z==@/@BX:K.&;[XE[R#6*[_P*Z4=8[UY9^5]C&8G@_TE=4K"$M9]_>WZEM+ M%=_;*F]58XW*'ED[KPAV_C<*0M$`)@8.HL](WUX/35Q_FC6UH07#.FKPKE(0 M)%DX&_1'$WVG)S*4FGM`MA(Q9I-/&#;WA%*,Y41J[>0XI`3-='].,&*//^C?!+8`H>_WSCAYCB@.&G\VV] M&CD_(H$C/DDF(#%A,:.`U&:NL=MA*5T58Z)=&TDS0RDHS?*.=[L"Q3GOJ*_Q M99P%%,TUB4/P=6Z.+E_*J)SV9>K6K:!NUJ!*I=TKWH!$MX2JHLI6#7.H M%MRP=(1/S2H\_VBL<;FBFK@2S=9(#W;FM'*0F#5N'\@'\L(/,?>!.<]$XS'; M76*?I6S-W5F[OAN$[,FO6_WU MAW-]*Y8'J*LP31G=I(=C:H!A5MQ_Q'SFD0HR'6ALZ;-+K&TE5HAJ5E3@26A& MX)'&A/V@(P'@_[` M.K4NW<#V2!!1#!^2+O/6/:86/Z=K_>V2=:#W@A]D=WTDSX!'\">(WS?>Y/$; MQQD[BU?0XC/^)5HO,66='[P(KG(2P5T4!B'R65.0WF`VFNM;+ZS)3?-\J(10 MCL(W%+@V$WJF;Q=?+5Y4..WC=9Z^[+HQC&;E57Q7,YN+IN\*X!(NPI"ZRRAD MNYF?R/;DO>B@LJ`4^<_Q'BV8]_2'^FSH>`:[95B*`?_>HDM_E(\NF:.\]<-* MYL?'1I3TX"#?;3$8:WS#2)94\UB0/N7VYOKN`0>8OK(RQ6C6PKG/#$DU:X>5 MV.?.=I9)W-UDM%J#/+N,%^JV6\V"WFPX&-0XF%?YL,]0DX18G?-P<@J[9N67 M%^SP_3X,BKZ^'9G%1)7J4]K^NO"=!_3V,PHQ M=9''Y1NVH.@J'CJB=VF8.C?`CTUAAOD4YHDB!UO;=C3!WRWPD/6S&?Z.>R0C'B/\&0\T5>SJZ+MC(O\Y3$ MQ"R?O/`\\H9\&U\3>DFB9;B*O+RLJ9@SC3M+:['RB9;0%#'#]@3MR`F>F`M8 M+N@,XE%1\:\PCZ[W[([HNAX&W6ND?6Q0GI8%Y0002QS>Y\<7Q=%^*UG0:!BI M2]M*)<]5%;RK^E8)_<)W;!=G:C13?:OB3;DZ/N@+BB4BS[2^SOL0`RH=P?'Z MWD\-))$S+#^0!&=26$119AFJ3/\SC*,F?M_=9.X\'S?X2./S>WEIX>8STV5G1[.T;QYJZ]9K^9GEML+]-0WZL!*R@KV5UR0!=E MW8[+`#"LK,U>0>]C)SE`'1^R9N>H!22QS;,J4^&,K3`KEWMFF\IK(.5WYS[G M_6ENLXAHL&@)8"Q^@-[ZVZ/]@IT($G#VXF^RWA`_Z2O"2F7QFU1=VQ(X6NPX M[0\-MID(ZMG#^PEE_F(A0?=N!503HH(F(WFL%]XS"B"?H2.N,CJ]V;G&0K(L M%\U==Y["(Z:OKHT3X?3Y[DK2*AQ`I=U5 MM9?AT[E`4%/O+,39(78>::_#25=M0@Z[[I7H:IK(`[;) ML^_^B1V`+$ET+R.V_0F'D#[PE4;6^2NB+.3RCP-`8*QOVXTB)KMJ6$:ZQ\_OYDUF=\`;GS- M83LB+9C2P+S2^H8\MF1C/;Y@K'Y^(^ANR=[Y@B"GIWYRL[#M:!WQ3OIE?=;B MW26L8]ILKO$8\'&\J9P(74<,3M;E,H)I)KL"0VZDKQ@GPX$>!W.<]LO=3C6" MIL^9)%!C@7NQ"GG[6?"O&@^N',V>699U!/;&3=EX$V,0(IY;P#^2:Z(^F7W- M(F2%`J6D)R9,1J;G6BM41_+7<<-3B'[GC@4?>\2P7W0(A/>6YOVI=G.I:^RP M0^]\WP9O'9VYU^*=OAE@#5*I3$>L;08EJ(%&.*WTGI30L3F46&$MZ],T&\[U M90K5M)OG0.*Y`KM"H30VW:XFKL)-U-59VA)4'A>SDAHA&!\B,%1N`=5B\?3U M&)%BH0/*E\?(S`2C%)?I4.N4IXKX4;,Y_F`Q9$N%F\ST6;8<#XK2GWHZW,]O MY&$RR[\E\NT,WG*4)EJ7O:0YZ81)U(6LI?6!) M+JOA^;;KQ2^?4I7>IO32;QFQ75K'9KC%-(HZT_;FLY&^4KP\'\WCA0R>BR0! MY`4M=G9NYV8`8:QOGJV`015NY1B;2#R,8JS-BD@RPA>[7LP@G>B;?QW#F4FF M)8.N6>^"DPL&[/6H##U>#@-A-384:L"02194@67GLJ"C#2?>RIPY4S[??]]> MVY:SSY%)IE.%YG=8'A[)9]#)O(-GSG&QG9>*,X=:5"7/N:H^BP9;,@I6UW&UP[8D3*LS`N<;N9^KY M[:3M'8%YYW*1>O:7=C=B%4K]%?X\W0[80R$&9DUL_W_S2Y=B5L66ENYL%-9D M3]M.K]D;XFW8L_ZG1JK:')MD(@=#XAO<#Q+5H]Y!\I8K>,PMC)]49`,`%:>Q45TRS*THM@<&P]G/% M`MU3O$&ND^DFP&34>^9%C@W%VJ^TY6JE'\#H>QC>>QD*B#?6>B#Z,`O=47\% M-L:6KC+BB:QD-FJE9K]/N#MJSN'0N;I0Z1J5^(+];PGS![CR?U!+`P04```` M"``ZAUM"N)K-SVDZ```9R0,`%``<`')G&UL550) M``-?@2Y17X$N475X"P`!!"4.```$.0$``.Q=75?C.).^WW/V/V1Y+W;F@A#G MFS[3^VX:Z#ZQR.KVSOJ$&_.'.H]?CSZ?G<\NSN[O#SJ"-_V M'-ME'OEXY+&C?_['O_[++_]V?'S&B>T3I_/PVCECRU7@PXN>;$[D;\O`HW/; MA_=V[@A_IG,BCH_C[ZTX_[@_ZOQGY_3#L-^9?8L>=*GW M^P?YOP=;D`XPZHD/_)%_/'KR_=6'DY,?/WYT>?!(>'?.EB?PGK[5'UA'\9,O M#]QU_/1A^6N7\4=XKC@_!2Z^2_ MOWV]FS^1I7U,/:FP.8%O"?I!A!]^99$V-KZ>Y6IPDLI:^(3\[3AY[%A^=&SU MCP=6]T4X"8L[PN03.0(5=SJ1DCESR2U9=.2_WV\O"S0L_WKRR7:E9'=/A/@" M2(;??^)D\?$(L#E.4)`,_4-^\)`^Y+^NP'H$7:Y<4,R)!O(W8&J>_T1\,#17 MB9>55F;N?+#^);`@KA=GMGCZ[+(?*CH1;+[0RL@9\WP8L<#)5VH_4)?ZE(@K MFW.PN&=R3GR;NBJ,S5W/P6=,B1'-;"Q7Q!/A^+L!`Q+W]H.KQLC*1S.92YAH MEV3F.9(]3IZ`0T`K^E3)BJ@]IVC4*HRNE>[!M<7*+1$^IW-8D4/POGO4 MK\0>%X%>#J]71$Y!WN,=>90H9L"3*Z43N.1ZL?W09^K!%$]M-_.TNA1,4,&8 M6%"]DES`M]DK(9^(1Q;4#]6MP`UYT+OB7-C<`TV)&\+OI*.EPL)*[PJ\S8(Z M-,")9E"V6%&>U8$3O=/ZI?<,ELLXK&[J^J".WJDI6CGN[1+^IH=KZ_4@ZD5XC-GC?,>^BZ;HY%7UP)PH7E([%F`E"T%5A3- M/F"P7-K\%5PL^NC1!00OX-_,YRP(?>4;YM(Y6'+RKYK79:\TAS9*/*I#&[*( M[/XH^3A-F9>:86GVWL'INR6K@,^?(,`7:Q=K_2$,2K9<@OLEGZT`'Q>,L[GF M]5O-R%2M"U672CI"Y4!YOA)<]W3U(,@?`9CWA5QFE5C0&P3N#TLWLD"*UD+T M6LL]MQUX=D[H7BAC.8CT`AKAT%S*">E52;`B^KE:T7LVM` MA,^$4,L2,EL_'O%,(F[L5PD**`0^X0%Q+E[DNJ$TEGQ[96,H)ETX$EXB]U'- M;A@C5*_E_%=@);-PC"LO#W*DZUT@"GE25Y-D2J^BI!D*U7(QD>,IG`]8<5$GZV8,Q&TU"-8)[9F@';=@5K M\"1T&Y':$JL^Y,*%%F'4E;)882"&/.+GE=73F`^:=Z0U)RX925%SIR>I6GQ*"Z"D,.&]BL5M\I=O7J*Y<;\"$8 MN,,N#?5VO;@)"VG2)Z1N":^VXP_.F\L;4.1ZF=]F.AY(59@6P+3FF3AG8W=! M.(_W4BOM\FI.D^UPME8E^"C!HHM658';@ MD\4S!OMYW(>:O0[9G\W!GP%;J,:NT.[X%2=TZSB"0O MK,Z>;)@4+KWXF>L'ESY6W-T'QCF;TP>&S_W:3".^89V7GU<-3X!C`1RO-!MJ M"<X81 M^4@R$UU%UG_8C:J^F.]H@@;N"5]2CV1PB=]4`Q<0+O`=;_70*#:Q'>V*2OR9 MZ\9UKE5Q6H$LC2+U.?`;LX=&V8^M)?ST-^H_0?P=+`-7%H[OK`27WL7+G`B8MM*YMJH9@1T],$I8 MLS,N.(LPIIWL'Z.58N;7<,5"29R'E6WK=L8R$7YF)!`'1K`[\\+10-)GP%%_ MIJ+2`DU]&!VVH+[FS?YW3U5 MYBID1R6/"AJT^3SA,_XQRVK:9T$]_\2ARY/XF1/;W>I.*&C.2/I29&/'*&0N M\TWM7'E,KM8U&=O\LG;>GN"%?!X\D&/X-%H_:C*ZYTW:N4XI'#ML:=.Z+!>] M1C^_X>N/EV3Y0'A=9O/>@:E9LK`#UW^[:C??4\RQ(U=V*B>9K_!K\CCU77B^ MU^MWCCMI>0K\'#MFGG_>ZD.\Y56*@L6*X?0HT%XOC1ME=A)]T)<7V1 M?!).F,<]*VXT^T?\<3[!3?;#:(#Q1*5[^93UTHKKCT6B,)9`2!TH"KJUFQA-1%YPM*R#ELWIJ81R\N;"74_YWU%E!D,FI M_PKF>M0)!/#,PH!TW3(7C[*:$T:D!WA$">1D<5[OAD,@'&NB.QJ.+#1CW4.X M:4@5E1`C.3`3R:3J_O4+9T)T+6LPF6"!MTFK:;B*)8T1&AJ.T-?+S]?QUE#( M/=H$FD>Q-;0*I(XQ&QF.V:]);!.+$-K=&&UZ+*;;&GY[-1"C.#8<19C7@>NA MA3\S7FU7SS2(U):4,383,['9R;UD>^;7R_!DW$>;)M58:!K.RHJ)<9Z:B?,- M)RN;)G5>X$%GJOH26:QA?S#$0EF!@:8AKJB3&.!3,P'>9'LTG:`AV2IF16(F M<5[/9'0RPHUPT:F4?U"!IXCU7%QV030[#"^LV8]#G.'X=(HW+^ZCW1A^ZBJ( MH>R;"65F/_6R.S)>,^_3.JP2H2NSL:]WJ(V1QT3J$$H7,/@P$MA-E'N?W98$M\LS,^)2[\%?/FJ1<_1@-4F8O&T*VC%[/S M1-D6I37WUJ#?1X,UEV1C$)8*;'9&*.(&T1!S"0M!CO'/@QW8Z-"_:1&X88!_\2GG,37`<@/ M2.A#R`^RC7?9W&XV4SB=H@5QFIDUP800]9\:WLA(P]L*-\(ESW8SHLC`(\== M5XJD=MYF!-951$[1.S41/9E_HGYX3F1XLTI\$HT\2+@[G@[1HJP]=$U`6$TM M:1AM)+1[Q!Z>3M&*-Z964DL;/1N):I@/P4R<#M,+W,NHF@%Q%0VD0;236 M::]D>*X:F.BHUQUAC=LLJ?K)]/0]V4V0V0L5P#VLB=C<;U/58(\E(*RGEG+! M$6.(TL[MRC;WE7KD$GZ4`HQ@D4-&+B6GP?8R2&&SK3Y<%*VL6.T[EK8MYK9Y M1?W<'^8N$\3Y>.3SL!TW_A"<&O+B7[CAFSX>B>@(-ZTVN7,>PUMM$,UGJ66# M]0`MK`W9K2`Q9I]&FZ0UUG:S=S-*9OVIB^+W;'I(`;=C>6-GVQM@3_][CPMW!7-NKO_*A&RIN5[3+;&_PJ_*AQD.]AYFV/EIXZ;-GQ,F*AUN MN/&*33$JG'1XZ.4Y]/(<>GD.O3SEB:3#-N-AF_&PS7C89CQL,YIN@QMA\=T3 M^(DBC(O1:G9S"#:[25HBL=DK;,8W`)_^FH=R.V$ZXX;P4!J93T9KJU"@WRR: MU11B=FHN(TMDE[/`?P+^_B2.E.&T`5"WZ;8&YAX%F)VKVY'A4H@@XA]M3BV@ MV3)X.X*;G5O;X?\Z\(5O>PX$SB#$N(EMR1W"+4.8KX+6\VV'2AICTFV'2II# M)&=S(%E9V?TKN-?^[\%%_G MIKSOD'L+>=%ER96W(.2NW48;5913&%A@44BYNGR2]8?6SOL^O5[9/@`B+Q!. M/GX-#17$.FU,K$(V-(Q%1=C2ZMXZ*GH/RD/"A!-$8W0I MKH*H`J(_&."=%55*OP%CSFMRJZ07LS>N[@$P(2OXOM(E]:\74C8B;@B_Y[8G M[+GD[#/C]_;O(.*E!P&JK%X[8\^$VX_DVIMY7F"[GVP!J]&X?SI1/0A&(]UV MC`!)<6;OA&T+/7M\Y.31]L.J79!VOYP7+W,WD$/EBOR(1LMG0."+?-0+SV*Y MYM\"C\[IRH[2$Z%BV]K3CZWER"\N&/!XY,?=Q7` ME(QW;$H9>2-6JOU:,7L;L.!0+IAP*4MN\),WT_3P3K53X*`=F*OJQNR-PM+@ MM9DQ7#FJSQ4F'G)RGHU1DI?OS'V1E!#W\2KU2VAKM]7]4*67#REKI/72][?U MCPRW^D?2GT6'+3I1MU/']IS.1A=4_`?5;9WU2Z\7T3?#`^UVVJIJ[^Q<,4]> M!6;[H1LK7Y5"65I=3KC\RP`:WP_5UK,!RB':*WG[:&@5D=M8V+ MI9348G9@NT>$_A3O-D\S0552AMFAI[Q=781'=D8"7'H^@5@HO&E]@#90BZBV MBJ:**M*U<]P?F0?F+7NU7?_UECP33P8AH]$I6J/[)JU6@2L6V^PSH!,#2R<- MR\(K9=\BUO)(*Q0\16PZ,7"`72?RQIRO#Y\;C/"R((54ZWMI=\1UUR_L6F,+ M;[]ADY8&PU-'(>W)*A2W]6!H+TQ?B`>BNO+&,&<)&I%BRKJR5)!>?XH6YY80 M;P7("@HQVX_>$1U"`,1C:7;(M8+>7J'-]I-5SE6)$H/PN6RY(^ME3%> MDNWM[+TQXB^@O?=^C^QU'C/G_X+(^4Y/J;$&?;P+,9&8UC&L]%O:1A("%RFS MU].[J*3EEJP8C]S6!>/+^,JXM%UH,D8K'E)AX`U>W7ONL*\#S=^HYUY9/6A> M/*KEVBX1<0#_A3%'SG00R(_S[I+5)$\.Q4;-."],*=&"V2[M&2P9UXN0[SOF M.MV)U4>\"&F#5MO`%8MNME?[A,J8\@I?N"\)MBV`9?HP)@J%$055$D]Q_J8M*Z/@CV`!$-9 MN1$5?00@50PR\\0G`HHAF;N0+UY`1)"*>C9_#?4DKU"$;P)/;JB09-^J-^XC M;N&A,=[V`&L(D]@PIR8;)@@7CZPX!2`%F")N4N42-<,@]NHB!O/43#`ACL@N M%OU)7OFWIDJ-+*FV@2N4.\D+],S$*SEY/SG32Y:9S[O3\2G:T=>Y%-N&KTP- M"8J&9ANWV3^G;N`3!P28HAUN5D#3-"1W59%@:6QR(STKZIP^4X=XSEH8,G?A MG_#L+S1_2X6!ME&NJ*0$\O:3(YC1FL[MG-3+,+*>*4?*=(MH?&IAGE]>1->` M$:&@DA166?-D'*RQ`N+^@^$$+]FR0:G^9L)WSUXLJ$OET:AGMI"@)5T0LO$N MQPYS.Q^+7Z//J@J4FIB/FB1F;PM\IC";\66&[U%.R5(N`IM?;4SKQ1P;OKO] MCN\C^!0(F$R%B!$2\^12M3PF*=9ELOKSFG\ZE("_V::3HIHI M05#A!BU#/=:"RX1C*89XU6Q["3<.H*(:S([SMF\-3K@?XE45Y9-L'+Y2RD(5R*U!-E^F8VI!"M>RL4+9IIKNO.7<4N[ MTS'>]D\>08-@+-&'V4[=NME+W+,"-S7"/$Z=VSF#3*R!G$RVYE5480LY%O(L]%D>6=26+2I M%2DOGN^DA\=W9G[5M&ZV2Q9J*;KP[SS@$/-%HR8<*@6B6>-Q'VVFJ\Z/0<;S M-F4:T^Z0:RB'WGBMO?&Z3*[)1OB^B34]RO["SMB[):`/.H?H.E3]=P!+E/H0 M&93'(C-M#T>P,62C3+5D%?/XD)=]95N0"8J&5ZI:2-\B$*JG*[%:Z M=IB@2Y!'N85"MA(% MO*M"MJ^;=XACGZ7S]6]^!%"YVO]&!_Z4WV-OK@UN+UC2B<#+\Y;5/FDUQB(? MJE!>8Q+\VN2M[Z*8G3M66,*PZY=KK^%5*_F0!*E?R:=HG4K0I%VG)?*_H[KF M8KFQZYH;,TDD05HTR9PZYS+YWWN]\]`:]*S.<>><"NES!9S`+]G,4R?,G79^ M.I=%XPZ^CZ] MKI^YL5_E9S.93(GSG>,IWHZ(+B[?;L-K.T"2M?*0*PD)T0#>-OXMS;R+394R ME11I)).0G(Y.T78SWLS>&^(ZO7:#I:%&)X:2D:;?F-(@!P&,O\ZNE":]8P7' M+0[B3'M'MO1*W!)!^#-Q(++Z',B+O&6IJ^W-27<\G:(U-57FQJ!!N;_%O;)R MS8Y4:ROM*I!$XUE*S)YMZLI9!S3Q!;[K=ZWQ`._0`RRNS;;")K`R.XU66(_? MQVLU1FM@:-Q2LGI*9R4CC_),$H!Q*7"^.%W%:N3N=XET[WII49ANK"6"GT][?:SA$A=:P M#F3*["U0"UZW=+.B_$T-OPS6M'W"2&O/;Q3>U?C#ML;C87WQ0OB<"NGA7'H^ MIYZ@\["7P)*7V?7PMD;1^#;;C)O!*^W(;B?##XEDB[AAN$WI#HK)U16S/@.5L[0,/I!$UN#(8U M3"9[<5>.5M^F;/-W;G>UA+01:OSHP*H1?2^C(^_`65QE&[\9?2A_/)0_:BZL MNW#EU=7K4K%353P*WM%*25R1$&;G90_U;H=ZMT.]VZ'>S2@7XU:Z4E$WC#5% MZYU+J=2WH?`524&[-9VBLJIM;2M6;WHP=:YQX2391OKW/F*<.0R^\U^H('6HFC]4S?]MJ^9W-:H%J$&6!(D%9S<-N&,T\GB$FW0U_+H:_ET-=RZ&LY]+5@J28ZZN;2$V`&H55MEW^& MM>_BTHNJY601?`_O:OF&I#!H#M#9P/`&+,V.+DVH?=9O[8="=_,+W8T<#K65 M'_[O5]!;>GJX);M=$,]!TLBIV5:+A8G99_C/W!"'[-C*BG_Q(G\DW=$$[X!W M-1;,-I[*:C3\XB6TJKVVIBFL$LG\O%/>M1]WW]/[4'N(5S7OH=S$$-)A&.L+ MG]74V/IFU]M:)H:[)WE>KPBWY7K2N8O"]\ZEMV!\&?50_)3D&#ILD?/H9^K9 MWIS:;O9+-5HKTC?'+\Z\;9WDV'XH)9YY^JWM%YF42D3DEJP8ET0S1,#NHC\F MR9/):0.;4*K\O*4:-S[_]E,@8!D2(GYM>O[M&/W&BSS*>G/=M6'=N:B@1$OO M82]JCS8RCLAD;*%E:A48T)*MK@8[?EY:ZV@N,?XZ(.?DF&NH\*^335;6(9;7 MB3M0;%>>O/-,O(!\8,]@ M-%$O`!7$;A/SQ"<"RHCOQ;RW7XBX>/&Y#5*!(\5?0]U<,4^.0^#)#;7G$PZ> M<=?JC?MHJ4U$QMNVJ(8P,3O"GPE!?-$=3:=H>T$1B;;1WA'4[)N,S\F*$XB? M)`?=:6^(MM>9)=0V1@5"FWT/9ISAHS_`[-2"%))FN"-YUN4*KO57X&O=M\F5PU,.Z?CG*R MLKG]HYM?U6=-!&O;5?7UD2E!%JLDTDU2=JF>O@'N(@$2(!%D2*E++TX;$7]$``S$!C-("67X MYIWF7$D?_VEKDA9SC+NZX%?;7*^MK<42,"GOO&P#5]K%/V]-XN6M?;R[?R$**6`<8=2 MLJS':,-VU+X!]LBZB&A]DQ.K"PA"[1U3;G;2ZDA\^2;A0U&.H\JA2RGJ^OO&R8:$2!3-I$XRNBBXU%?$^ MRB(YG$W!EH2(6O"^@*TX&LET[;BN\V79[S?F!_T7_W!E&/-QJP!%G+1C[!4> MJ(JX<&>?>*CB@J`7>J/]1KRE:P4,LD^.`18$5F`$E0E("`MW)HP'ZH6L*2A[ M21BJ9^*R^=/F.PD23;)I8(5U42E4`CON)!L/U+7I6=[KATO,U9/]F^E:["O- M``:P.$$/:94*5T:E5"G\N#,[/%B_VGO6S19]==@#J)8?-#*1K.72CQ%<&7EM MME#9A[(@<>=R>1"___5AA27"WZC=&PP,7.>]!`.H]%\B'-R%G!57,*#NNF97 MT1I!JA9Q:&H0E%=,F5WF)("D`[!99L@H9H9>][N=Z1Y8K>MM;4T;;^W M6"Z=O1WT!S\[6VMI$4\]:Q2M_;3.K)PN'*_;-)\DK`9F7>-Q>J_/>^U$4R%U M-?WZ>_-Z;VU75%AQ948?K'/GF)*&;5A'+_&&%,'&G6YZ,)<;>I*XARS:.&5F MP)5XE]#M6(]R$L$=IWESG*WWC1Y4%,.#LUW%9D)"'\R65I64`]N(3" MG-L&UXTY\UZ>4I(0^E3U95K/95K/3S2M1WKG0[T2HNGP;D_[:A)+;$!_X\)E M8M-E8M-E8M-E8A/HQ*9L[FL\@7LLKYQVJ_8O.<6)+QG<,23AM^M7CZSWVWMK M3<&,)G"-GA(,=*UK11GA#C4M5I\4BT7=U/=DB/-D#C:!K4BN:VV6"@!W%<_K MQOKXH'S_KVFOZ+^]4UM\B$?H M[VXHCF_TH[-U@O,GME]C/(#;P:6DN]:SM%QPU^:.VCO=.X%+FIG^(JN$PE^W)OM2OG&[49>I8Y=1&G4OU9=1&B>2 MQ[R,TC@ET_N91FFP3J)"P21[4Z9'_>@]=8A-C]5%9M]52?\AF+?A[':.'?Y- MC:=4@K_+D$K#P>D/G]8AD>!W&\_FV)J>][1^H]\P"O<0K!E&E><3L%)@(=$& M.Y"])93*Z-EUWEUS%QKQ;`R&1$Q6P]Z4ULW1RW150CB%7&GXO"D/?WIU-:9S ML%YV"?KU3;5I*R'[;BTSHRZKV_H2S_359OSG7&_V#/CH_G<"GZ)JQU;"C: MQ(H\L<:%^4+8PBQ[E"!,?V>Q8]UB#.(,[$-8FRV45J,H3MP)N:HK#%1$K]D] M3@%*\I3M!"X\64)81\A(7D7E%]."*$X@',U?GCDWWMB^[WOGRR#5F=\1KQ$N$+3Y$YNO4R;X+C?A[M=B:@V\%6.EXR[ MT/M]L'Y\+D4=.TE:)8ES4H$=]WBXG4'.!R.XRU(Q@(TM$=#4=WSFOGKMP=`799!4B^@I:LFW\"%3YIS MQ`J.!C3-P0K[99F`-&.Q*HMCK:1%=3:A95FQM>U+:]@!PK5_<1W/8\-[YF!S MK,IIMVCN*I.-"G+![5Q=YF=?YF=?YF>?F3E?YF>?V_QL&9\*?&BV!O>SV:8] MD[G)BLIL."SYE`/LG%D-;ZZY(KT7LB36)Q.7]X_>(ZD160_6R2Q#%VD:4X_> MP?(>'3^XS-\[INVE)+).)5C02I:'^KLUII`N&KB\-WO79647X]$8K)JFG+2& M/5I7@\F$3%G9X(ZQ+[9;Y\NTE^36<;\Y^Q_^>K\M0DM03>%F9BIQ@L$`:DH. M]R6QB(">EAFC!FL`+B.,0=MROLG[8GE_I@/7C:O)?`26<2DCC$#?DG+!W5"M)`2@'`6\VUE0 M57A9,OISL*=4^"3;-EO>2*4J6>1G-I]L9J6(-`WD&'VX)S1*Z#8PX;WG.SOB M9II%C=F`<_9R/Z:%O]9@B"KB38RO#`7N>TW,>J9CU)@-.7?Q4@7H;'MMH@`N M"MP7B83U;,LH99YS@2A7@=;>UT9*X"-![@Y&S-\Z>S?#.^>EFE(MI'_>L1+X M.'!?NPIXKXF]W.Q,]\\$]!PL2EA%7&=T,%+,"*[^0403PBJKM"0.#>3E@/Q3 M6>)B0LT,KN]N2^ZP0Z*](%E"P<`-0*X@#G)B=7O8X7:Q)8K%`S^JB,Y M*0!5Y71MO*W!ZLAX.65&"H)!7V-4^0EI[\QM7B%7>8EL"XS6BC@5%8E#Q#Q) MG.31>HR]O5.U!?-L"TR[YBES@G(E@>'P;%;`-BX6L#WY&^+V%IY'_-P[0]E_ MJ?&R4/#GX5^GM8:9'S8M;[ME.,F]]4E6=[9OVN\6F\$3+/U@_N&XP<3K1W,7 MZW%@S,#J@A1Y:5";:OJ9CMDAX-L=1Y0T;,NFZDK*3@42P!V_>G76_I?IDLS; MMG$`;@X7B1121:1/&;5*%+A/H1+PB^5RO]MOV>/)BQU[O_OOP!>BT(PNOIH"=A`9 M@+H`3_84>R0^A3$"2_^5DT:L\V/!X$[P?B,?CF?Y(>-7L_Z`DU[7H\XC2EUK M3P0;>46$XU$OR-\X%/$G\?Q@3`XK)@!S%;D4NU9>E1CR=86XE!@^O%3D?S;G ME;;H?'$1G2*K18&[ICD3MGBPO"79;DV;.'OORA@:$\X["7J4*:+:M39EI!'I MGX^.O8SZ)XSA8-"&,E.2B#3)ET.DQAE.-:$$LS7AS0F%R1"!L;<@,H^*O"A)2HE'WYL M'W#MZ'_M75*I:HE[;84$\:=IE>4#E.G$NQ7:!XQE*W#2O_4EB"$EK-6'`)_: MH\6'T+/I@;#JWO2R$/%HNJPJY),TJX!(EFE: M]5",I!"2.9F,Z10L1%A.NOZ^_7]G9?YPON[L9?)J8Y\W1IO;_)7_8PT[2E'$ M\2XJ@X$[+7C#DIB4]0?3WJ_-I4_W0=*_-C`,3MZ:WX(KPH(61T&4LZ,C# M\=<7W4W"$+E`IF/MT MY-YD`'=KDF8#Q'?X:4K.&ZA;9^$YTHA!&B6_VWV8ELLDZ3I^+V=`535[E>`[7*7@,*XLKWV9QLP=YWS[=V[+NM_G5_I*#>OLCV MDSQ0A!LOR&;)CN[52!?)<0DC2-P]"0U`_XN8;%POPSJ03;0W)W?RML(1&_(. MI(98V3#A`*WL0&0=!,_#3/*BP]T/TQ`M&W@<@)4=V:R!WEF825YPN-MMFH*E MOQ^`E7VO1P.]\["2G.#R'2NXK*1Y6!\HBPZ>+:E=L`D$6$/!9K.MH:1J<>Q# M(##\50+-Y0.41<>[%8``G\!6X)0-2`L,0Y5`HT)\>J$J%.*_^L[RS]X+^=B[ MRXWID8;5^,%RF=6TE>0'6*6/G4^@AQ# MN':P9FB?\\D`K(9!1%7#II363!*+E!#!*=0;A`<'#W[JK!J`-=42])O8Z=%& M?G:==]?#3:8C.$FZ-1F2UMWA)J^4YO7 M($[<*69I\0"E8T"W0_DA!_469://CR9CYCU%62V,O*]TLNFCBH\5U"VZT?>Z MS(*#E2+7=CZ%F_1?H*;#_9?61U7Z:_ M=J`74(^XM6Z<*=4,T6.23^N(8$(O(M?T4OJ;N=T'%!;VZI][Y5KJ25AM54$32 M^RP+$_>]4W:?IO<:NMGZ4'`N]2X']$I\/_R`!Y!&LL6ZTJN>D'(%LL#]-(O*11PH**XQ=-'P6MX) M0&VQV)JJE#/N@ICPYPE4Y`$4<\=CVIT`[,2T.3D'13&=0QIB*)N&R+ZZ6TQ` M1'ZHK@1$6JF8C[)%A)JF'J)EF7I?J7*M9:+>X70$]@BFD&K]G4W=$W=/5H'# M&,DFC4#R>M6Y;I9P%0U[4E[4\3:4PH0[JAJ!OK/IKF+GR+-+=M9^5T3#B?&7 MA<)+%^Q$6:I(<8L@7W>FK;'0DUKXKID%79AUHH]I8L&:\8KAE7'#6-, M\6)9*@N77I+?@_/B=\O?W-DKZ]-:T:_JZ\9TR;5)#YEG\Y`;V4#E`59$H8O) M^CM:G0/OSO/V9'4U'6.22\25AK,!S'#B,T2'R'%[>TH(L[\4^[73\0ALJ&M3 MYL[.Q,H5@#MBJ%>20`YZ]Z=\FM%IR$L\:=,`$Y9>5M%MUM+QIIJ5DZ]%.]G; M5$.Y7!_>F&_[M$Y_*?#;C:$QA(K*P[!<_P0H+,"';@#$V,?K-^4[O0/XA MSK,;!EC619&7[O>PK`'%.[J^L/'G1R!%"92=.(N]""2;\]J+G(Q0?6&CSQ-! M.`[@[U"UYM6U?GH!B:[#TTMVH!V(^=4/ERBJ#$G0MKR$E'@L0!UF_P+^IX/! ME!-VY]?QY__Z=+1?"OP47O*J]?T!"GU!?.SYQZSEDB7]Y:@`S1@/.2]/:#H> MCTAI,.RF"DO.+9$,<,=N11NN-)4,Q+)FK(RXUS9JUG15^->+1[NT54$ M@/^J)\):N(IT9PHU6`$W!5YK0SD`]#<-,?^2C80U%5#&S()*:?OVY;QMG+UG MVJOO6_))[+3DF3?'LXRYLO5T6XM(A#E[D85X$E^4/)CH3:44#">;K**O['I( M]"6"B#NG)@*SL5R?')F?=(NXS(I8=":$B;RUGP^'O1^3@\-IL%+1VO&*2+0F MAHF\L5L`QUKGT,B^W">S(!:=B4!V/FJA:?T<9[IDL7XNV]*Y\+S]+L#D]7[U MR*KG.[WX2:#>K6FY/=8<6Z_!,U=DE\9M,D0937JMC2@R@@&]IC5X+RP&%)9( M&C.P%$9"I;Y+&2P1&2)E%:Q/)D-'PR84BS?>>7Q<[=P\&UPW'E9L$[QI$ MPC#`+HEOG=V6O'W86YQD;OH2=+1RMG%M;W-+IC+^G2;K`JT]XUL9>;G>G& MSPX:_3G8BRU5Q!M<;\PM>\COD]A[\HOCK+Q'XL?!V3%<4%E,5L,9H*RJ9(?+ M"`-W7J"(_9"@#]M)^G.P7N(JXO7-5$ZEK<&JL?M43;9";UF!U9+R\QWOE!8.^\CQLM?G=6I'H`_)@_N&X-WO/=W;$O<\\]SZ< M087R)7G0D=$HD+H^'!'SK@\OY,-Q,UY9TD`W;"&749L_#?NAKBD44Q4ZI'PV M20HEL0+YK>`[[''/?+^G=?Y*0V$-YA.PJ[V0;-O;@>.52XD$=^R]\*%[)B[[ M@?E.C*O)?`26.2LCC$"UDG+!'8D^/I$#AV=HS`90MY$BN0:GC;FC7YFC%>,I M],/1!`J!D*H&BY101G*N2(#'?V<2`0:Z3K1H?4`(NK`^SMU'!CSZ2T\%""AG MI9$&N4"^F9_6RG-L+V[R,4:\1#:WDRGWMQK,2%ZLR0P',?^XXY7_1USWP%Y! M^;[=$M^_=AU_0[=.!H9L0UGI2ITH11H;;N?UWOKPR"'#]H"3Y^"JY.@O.U&! MD'?<+N4KN]-[K\[>WV18EWT-N?#7G8B^%$/GZ0HZC_Y-G-OHQ75F'24K+.3:T8T#(7>'RSQM0A*29 M,U!G.T`!:;0=*@Q/6C6)KR(A`_QAH0K<0+&7]DT2"DAW)LD),&;JZW?N41G3PN.Q!==?ZL0^:,N_LF[WK4BW=4E[,[;^(Z5Y-9T.P MMCYM7+:[H_CO^&J7-^ZJB"+B(VC7AQ@Q0]3B-A)P@=!"JN6%NT@CL?`;Q_-O M'9?S+;F:#.;C@639AL1ZG6M1$3/N,H^(^:P=,@2+U8[*S_-#)S1Z:-R[FDZG M8(E.)4XZ-X*Z6;A\"IA`:CK(T(W.9X327)U8GSH8,N63#@GV?Y,Y> M.CMR[WC>>J1_&#D\WG$"4\<,6JS_VGL]^^DC\I_6;^=>5,1P, M.8^-Z3$G(*8[M[86E!%9XQRG-1;%]V:Z[\1?;`-ML*]YTK5Y-9U/P3*U*HQT M;C8UI1:'&/NH;2'ORK';X`M9.N^V]3=943A#L/F)4AQ@T;ZTG&*U(\VIUPWO M/9*_CF)[@)WN>EC$8CCZ))U$4?57\L$85C3:D^O),9316Y44_L:C=\,)YVE7 M,(M2X0W$E&I>&TJLJZ:X<=<`*>)D6^;MRV&1AC;/)PF6SL"(BL(]M<1.-3QJ M*-2)F_4YH?[NK(]L0EYAK/\C#\UZZ[\2>A$R>@8') M*.#4$E_9(CK.OX:]*:,!V"#J6ASIK#;SX@&VHR%8RX&0*LBFJ*-2\8XHR@=_ M%7\#F0`5QN,R\Q9!(C!S3F>`C'PP=`8T47)K_H"*DKE`HMQG!P@XW*>GHE^KD>K+3FH5>2(9 MBM&PQM>=(KT?B?6^X9>:GJ+3^*:[Z2W\#SB]]+\MJ>I'RQ5 M>40ZIAP1#NAFR+;8-G8NS3$5$KV:SN&>]53F!F&.5EY^N#^L"G*Y=$QB\QRT MF;S^CLG!&79,7A^"I@>VU6],G[Q3%DGL)XQ:C&P)^6AP=2HN&`][G4W!'C80 M4@6Q?GGU)=;VN\=&_R33@.=@L>T\L4[458(8=S'5@V.3PX/I_DG\V[V] MBBUM.)B`'?)\DIVHK1(][E*F2Z"^RCUK+3S?S+ON)B@O([LS"<5+3UO+AN(C MB1W_RG^%@7BO9_J]6]-R>[^9V[VNV6REF@[I+GQ&-2!Z&>!V"4=B#$=>!KBA MWQG%Y9-3Y6F=?!589F708@,8EP>$^:@J6>&^G5U"E)<0I7R($CC6KK64[I(S M.F<[;I8S`@ZU-\D9G4VL_75'/:X;\R.,.F.^^&XE&]^-M.8@8U^ M+Z7+ M_`9N5,^T5[U_[LVMM3Y8]GMOL0S>$?34H(X-(WQ`.X59R5.ZI\`*9GMUODR[26U6'OU0CSB?M(=0-<+#'@\[(.]8RS' M@H9]WTRY\;Y7EAB2+=_`#**O/I4(6,.R#`/UK3Q9E#T9XNQ_^.O]-M9[Y*., MX0:=5U/7:MP*&HQM6D4^N$-Y623/5#A.T``78QB`.>%E=#%I5RP3W!'!._N3 MV%1LAT02$?@(QF`*=U>NH-VU>N5%@WL6K^SG^3XI2*#?V#Y409(R-SI\,&F_ MI&/0NJJPFJN\Z)6IR?!L*K)JBA+P?E<&XV+/6V>G/8\P?TY]'3<`$\,(>P%DLG9",20L6=S*SPNT^X$8">FS2EJ5A03AA$,HCQ5]'/V'S],C]"?_`=02P,$%``` M``@`.H=;0LF9R)((S@``/!@-`!0`'`!R9W(M,C`Q,C$R,S%?;&%B+GAM;%54 M"0`#7X$N45^!+E%U>`L``00E#@``!#D!``#M_6MSXSC6+HA^/Q'S'W#Z?.BJ M"*=+E"A2ZM@OYSAO/3X[*^V=Z>H^;U1,[*`EV&:73+I)RIGN7S^XD!0EWG`G MZ*R)/6]G6;@\"WS6P@*PL/`__L_OCSOP#-,L2N+_^HMS/OL+@/$FV4;Q_7_] MY;>O;RZ^OKN\_`O(\C#>AKLDAO_UESCYR_\9_!__K__Q_W[SYET*PQQNP>T+ M>)<\/NUSU-!#F$+\7X_[.-J$.6H7?(7I<[2!V9LW1;VG--GN-Z@B^G$^OT+^;4JFD5M!5&C MSB___U\_?=T\P,?P313C8=A`5"N+_I:1/WY*J(Q'U>NH%K]4$G26P/_UIBSV M!O_IC3-_LW#.OV?;$F)#F/9._H(&#@`Z=&FR@U_@'<#_^]N7RZKV79C=DIK[ M[,U]&#[]@@O\L@MOX>Z7\'N4O8=WX7Z'QY$T\Y#"N^,!;S2`ON'\%[C+,_P7 MW%KV!O_ISDODL`W#V%\#S_A?^.NE8+O:%NM M`'=I>/\(X_Q]LMGC_R6T4BI&;P]ZA"%CID6(HY;YP9]JT)JBW\*G%&ZP3>M& M?E1UEZ:G-;$"K[$".QY!W-&F!LSOT?_1@;O1KC+L,;P7&>RBVBGBMM940[V& M:91L/\2*,;S13''ZS8=4"W"1YN%,+O=FD:M"?H>+1/FU0^2@C M-X[;D`R,SUC+\GL-X"[?4 M8:O:3C9%*=++?_T%_>%_7VPVR3[.L^OP);S=P8MXB_Z2[I&AB\+;:!?E$ M[=,4S8KG2W>^.'><]Y"0MQ_%H)"_24N2[-'E4 M('&>H$;"6ZY&G.5B/9N=+V:KY7KY%Y"D6YBBY=!?P!.R:VF4O_S77]#*:)\A M69(G[#:%%5'"=#/`@*+$+YL$+1Z>\C>[)L]0D=;!.2&#G%3L=,T[M#6%6;)/ MR0KH<8=0X44BC-_\]O4O(-K*X@MNTG`+05@T`)YH"P"M//$?<1L`?G^"<0:S M__'+85ST*)#WPRF0)Z-`"]>EW]%]-=I3%XG#TFO7FAJNH*P'KFO*4E0%M;IG MH*@MICA?X`9&S[@#Y'H<>+-TM$\U;3VK40TVF4YUH;46LF.K5?%1_$GPGT4, MH],%`Z!B?DBKDHC5R&O3P&BMMG\D1G=:]]9::%ZFP^Y-E\YU&4S9[R$@!X-] M*'D&4%EQ`XU-_66\21[A3?B]-JLO7:T+@?9NI8G,*DV-Q1U5B',YIP._MIW% M;#*8LLA,:`):`N2X2.FLJV:O+DL\#GO;;'!7E<62#O1JHM2M"V#`^@ZC"$JW MN.`M*2=N=O>/^QW9&R>[Y!$Y2T'_WD'\#^R_/R9I'OV'_/TZ39Y@FK]<(_0Y M^NW#O_?1TR/!YZ'U+V*&*WQ@-4!T)3"E]4+78-7T2$T7V.-<+S!EO)ECN^9I M$9E!5WO.;GA45@?\X!/,,A#N=LDW?%*?@;LD!=M:!R/KN:[Y[#6J>=MLJ:8' M;^Y3PLQ^#!6ORVM@+E8..J@U"NJMGH&J7;KS56OY#)1MHW_AUL](D:H#84MP ME3_`%(<[I?`!QEGT#*E'\2G),K22N[I#G@4F\5SG\HL'C#*]%I.\17V9&L++ M#=0.X8DX_ MZ/Q5J5-=+(/3&R^V(QTBE<%1[7)A^A-NX&>R*PB2.[Q.Y52L[3:BW^\ZC-"B M^%WX%.7A#H?D)O'7/-G\@1CE^/IT:;!_2?41D*_2F.&ZGK>D7\SRDTP^2;3K M!1>E^#=7VZP;NB'\GR*!A^:"BPV#2P/PV@%S&&A.F*6.;ASU'5`@J"! M.(64-+-Z_BR&KT]<_3L\/T:HXO=F$+Q+3\!9<%OT!/L1Q+( M&,]W8?9P$6_Q_^!8@N=PAUK*+O)W89J^1/']/\+='IY[RZ6GC:Y,$.3H*RAE MR6>VZN2KT/,QQ^[]9B%YC/!=!%F`2Y-HF`W^!SS4TZD*6AP+ZU2AX7FP59\[ M*[H;Y]A]["@@C6[/A!_2@?_D'[5:9R#,05D1D)J<*K$+L^SJCASUO$\>PR@^ M7VO<.FAV)\GU8?@5KYM%Y\M%,<9VG]D,0=?.V/[^`_([COT@)<#OM`RG%XW/ M'*/\D>@"THXDSA&E8;R)8';NK5Q]SG1/QY+DY)&HHFE/)7(22W>G';LW]#FD M,.-U,.,)JA]SL#M<2`=OP.[YA2FQ^Q"460;M MYI@12%`K2+V'>E%^'A<1(;_"QUN8GCNSA;X+NXWNY#D[@+[.U).B:"WB>V10 MYW8?.`QB-V9K^U`$_T@P"X_BYL#OM*B`S]#^7;795".L;+6?QT7GWIH&TSAV M'[8.(#=A*[N[#]1RL%A9%^=+N@VCBJV"0>PM!*QV:-8S.M7,[3Z,&()NVBBV M@3@BHB+^Z3:!.OG79P"+_1%_00,FYG8?SO8#-VC^FKT?D>Z,[AZ=@*LB@]G]P&&L$PVS!2= MZ`Q,%BV$&6.^&$\]>&>-6A.+M5]\*KMC-00E&GGNZ(#5,WT<:O"IR(?'IUWR M`N$72*ZBMV087JT#@]W+J82`=*4J#%5$%9 M@60;@7$65JE^;F$,[R+>B"5V=FB9%JSA?F,:&*ZZQ+&KY+O8?:S(*8ENL\\' MIR+\FY265Y#$_3)^1G62].7O:9*16\.^OG7!<6=R=!X$7I+WM"#>@J`SZ,+N MK?1^X$9,.T#/!UNW1>SI M.ZA^.P/D5T&Z?;K\>/4%9C!]AN3;>?IR[+;UJ8A[`U(T*'A4'NLQ#1%8V+WE MS0*?@9(JDM(R0*$)9O'O(*4%5%)4KUTTQ-!N&UDOCM2>NOD+N[>AA\$;LY== M".I6DS#SBQ0S/T-\P]FE>:2T7$6N=Z6(B>V@&PPDQ;!"T_Q+"[NW>?M@0>P`$.#VAO&-X]-WTFC]-9.LV=[C8VEL6WK3=FZ;=H(V9M].>ZV;M,^\[ M3U5='(5!=HT*HTB<><\QX!`V>E;$/B:)&F1LJ87UF49,+>S>S&07PK2C.`2( MNHOP^X8\2Q!O07*;H=ZS#43#(NE!]O!`KR$=@=C=1K99:;WT:/S)PNZ-2E81 MC!G@?AP'@L M(%Q)ZN&J,V==+$7MCE+GE$0WQ?G@!+7BU9L1^8LNCFM98MG"\<92;+@J?GB` MIM=R[;X>Q"N*D24;)Z@BF]0IX^OU_JJ%_U5JEOG:U9>PF!6%7G7HEI55*VH) MEY!FT8]G]PF#H$1CSP3ML#IF!.$,5]R$T7)6:ZER-(YWV;\9#B>D.U2NW0>_ MHB(9.1(6!-=0$J63R"'WIN>M3,P72B)RF`1HX7E5>#8K;E>Z=A^3#&(W:-A; M`=39*1A(T_<5DZ+=A\K#X$T[X^TP3I*YULK+4K,VK2[T MI>3O[E!ZC M1UBNW6>#3/B-N`4L2`JNA@*9XJ_QN[[DQ7O2QG6"7`Z81RG$&0317_$?(+GO M@__PEEYHPT_5'UT-K5,"7\W097T5HY73"?U#5VJ3^IZ\8DY>VGUZJ5=PW;., M5O1!T3K9Q:;Z?]P!^>&X"U#T`4@G9\?W]D1G.&UJH&5N_#$L2&,^5MX3WB$L MN&CW&:]FR8WX`'IE""XVFW0/M^"IL"AE"FS.@[#K%.+'H3]\Q^W`$NS),V'N M?*$O42$#`DF%%1*Q4D*VVC/JURWM/AWF%T;[=,N+*"AJ@*)*;2J5>C"1BR5Z M9CFK%*$Y&['4QBLQLH`T9F8-;ER50D!:I[@.0#2BF#O$%IEILMUO M\G(R>B$33KBKS4C>?-VZ[YS>IX3CSKQ@./K#<'.RW.9'>V#V4%V2%YV>K2[M M/I_FED6_@><#%!05JG7."RBJB"]VV+GAS"=%9:=Q+8MQN`L_TNZS/FY9V+F\ M339[[':3RR:Z.%T!"ZJ'OYYQZF9DCO$;3,A"@]L0=;"!('N`,`?;,(?XE^1V M%]T3:#A%"FESBXJGR?[^`?UO6)3\]A!M'G"!W7Z+S#YN;X,6%:2%?9Y%6PAV M\!XISAW$>P51G.U3W-M9;8:H)HVJGR@F+3V&<7A_V)/8PCOB;:&VGPH%K58< MJ&R.ISQ:$,MWA_X3)#$$+S!,P4])"F[A2Q)O2=GL((CNP"Z) M[V'Z\[DVO?8GI=8MOA<3X>@-UZ7=D2C$B"*]Z!#RWD#)GAX+#C4Q\[ MOU@LV7U\R2C!6$Y..YP?Q;7YB'R8#7X],[J+4$M'PB$`:`F.[]SC]]L(UF+= M_92DY#9S,21EL_@>PT_84?H6Y0\(5.4IH4Z*/^'B<9(^(A&U^4L-K1+QDLSH M^Z!'=,1.FL!H:7=(#:,$HW@_[5@4^#R(ROD+/N3`)R#XXLX35L,B%Z+KK?5= MP.GO7)J^?(+56-Q?<3VGEM:S_,B?1PX#7A0SF*`L?$:.U_/J#B:I()0KDI4, MFLX0QF=YFZWNK8BWLVFF3L_R8VDN04Q9;G9(-;8_56R'90U%-"+M0@T2G%8KLR)XMA\.,TLQF@EO0!DRX-SYW=@HH.56YMB\;MS4[*^& M30O=XO9L/^ME%X/#:(O?WN0`1+)A/JDSVU]@'D8QW'X(TQ@M*;.+S6;_N"IE#?!3K0XH*OW,IP!? MR M:#R+,S_/[L/30>S&.-D!(*@*@-]Q$4#*B++QZNYC%(?Q)@IWUTD6X:&O[ORC M[ZMO!YL%@2+&QCOU=+.)!^; M3]@U2[MSNF*@\8&^W>>[+/`9:*GBV3H&*.3!NK^!BJ89.1=X`\*<1O9CAI#` M!O0/!_W=/9NOUV?NP@79`[*RG&>^_TS2/Y#A?I<\XCL`Y+Y!,[C9=^?ZWL!@ M0"#'=3$12^XSU<;1W\7BV>XC"`%IC+C*_+B"HLI?D58<*FDDOQ8_PR[R-SP1 MIMKK>9&4P+?[9)A?&-V^"C>B`^GK=0[W&P53^M3R&B-'_2HE&]);,CU=P_0K MGE;.O96O[\2.`8"<&@A)6&H!2^6Y7YPD^78?UG'+HEL'>`$%]=3:9WAAB2\# MTEK4EP>H'B`5]6F!%D_(*BUH.$(,E7WJRA9K+;N/`T7$,>(*"0`[T8DGI!/T MDO$3TH1,2A-(?]G%/G]`G^\_<(OYL38Q#YQVK(SYPQ*U,+Y1"9DDZHJN[#[6 M89;!H)WO!7+"95H6'`JK9[)N6VZ>R7VV^[1284OH?N[*[N-S'C%,V^HA0">\ MIGLU(%3%Z\LLVU,&Z,M/W]&I8CYW2=+)Y:("6B;1RT`KNT]XF/`;M\8M(%HM M\1F@)=72U8P)-D'78=-+*Q3F@3[=NK+[6)U5A'%,;CN8=G,;J>#NU3[/\C#> M1O$]^NR>OCS'?3TK9G&O3)U4KM+CCPT[W?=> M(;(F15*?E=VG->Q"&+'1S'#4/@)Y%"]`E8,$:NA;Y+7TJ##4I%.$UE"3LC1. MWT_'U^[3]6'PNNWN(()&^--7@:"1WD^JQ;R:967#HK:4+A8<-,_QRNY#/Q;X M1JPH`Y#@./#I3"BJZ6+[KWV6XRM5V4WR!>)!C';P,\POXTWR"#\E&?K[NS![ MN$Z3YV@+MV]??LO@]C*^*E.(7FSRZ)DD(#W$':_T!4'I`"RG($:&L-0O+9TA M7LWHN?'2L?N0QH3X1O3;@"!!K0\<69Z6O8`8YCB#,>H'_WV#>L'YH$@WX/:E MEATXK/KXFSUF18LS]V.9E88SJ:4S?T[.W9T$_(2[^1G_C'L"US5[\A/N#1F1]P0(/JV:XOP8FN)( M:,J:?CG+S\]%Y.'5E`^QX`4?$73]>@+Q.QTJ->2:M(0F.+S0AN\A_5_$H-5: M6\H0'B0ZU(55YGZEZ6B%?$V??DW+#X@DQ.)80(IG)I$`&/Q4_O`S7@:2?^&' M;#9=RF5`E_0WD'\PA1YK/DF_%X\W_P6QO`N0LNSY5I?R$%_WW*:PBM7J1L# M]1;HPUBM!DSX=3.>!410%@*D%$#%0%$._%24U,-E+><%%G"YL8D_]!G\V=SR M]&R,$AC92F?#)\BS5GJ.TL7-?RI\BXY#!DV=D1'=&?<#X4YOR'[QN896@J*>:0CX@I)`;C M+?+CM_6$`D7*Y/H)ROEJO=87_B`%34Y+%(]*J3YRS3I+UYG1??2YW:$+2N4T MHGXJ$0=X&7%+VP&84P!^A^DFHH\DT\Q-]`-Q^F1J6*G%69N\KC;<.[EFEZM5 ML9-O=T"`0BEUNX?JH`:T*;+<+QH#/^'_H`\$P7CS\C-57-+^FUO%&TJJQ7._1DV+11/9J9 M.-E:H#DE9W.7?D"[S_-%16+0$Q49.P7A!;@.^.D^Q`%B2&6R0F7"+(.\1X^G MIS:7\<5FD^SQJ4[X@C,LX\7C9I/ND8Q%)CCBJLY6OJ-MR28&2DY_E`U$J4ZB M#:)/75I'N_?\U`AH9%VF!&IPDX9;",*B)GBB5>G.":V,EFAD)]VP$FKQZ::H MA`V?3[#!U65B54S`IXHJ&W>6YP;$0Q M#6&FN/K2@7`@T:`5S"+WZD97*_@$I#!J=E][EY!JO!4/$[[@LA;M4RYR#.B* M.4?*&EUAN6*1%9O/CP^[9(7 M"+_`'9DOCQ:]:XTOY_!`4:TY7$)WJTY?,]CBT?W4A=TQ$#)BC331,`,,RI)' MS^R017P1]R#MH[%0R=#$8Y?^,$P]/Y_W49/\,8<;)@T$)?($%OWZKUI%^L;L6HUUNM9]0Q6-@=+<`AA7GJ=T'I M]K2J\EJH;6H;RS2W63:N:A7+/11Z#79A]U$_IR2C;57UH0H4$KM*'/,N?(KR M<%>EJ9E[CKZ;!^PX5!.>7=YN[G>V03X3W2%93.U0GE6HD58+C/""=P^H/9QF M/ZYG6R,1+V3%L#NX.YR9UP2X9,CWL49W&)RBSC96JR4]R%U,[2R=323S[A(3 MKB[?Z9!0K*@MG$VL">PZA4]AM"VNDY+;I1=$0R]B>M>TOJCQYNME6ZKI]#XE M&N+,"_U`?Y#L2[6^2,K9K41<#3M+=[:BUT464SM@EQ'4O,))H#VH8=D<6KV` MHL$J2P#-&T#;!*C1X@\*E_!BE'7F/XAN.@PK(VX6K`MC/+7S&1E!V95SFVSV M.+RYY3:R&24]H`YN'N`AK]-/VVJ^W.Y3/%.BV@"UCB_'HO^BV=+P7(K_3A]# MQ4G4"ITN0T#!&4B(%M><5/J'FJL*XB0'&:J(YF2X>P';*-OL$IK\DS2?X1=: M\3#A+DB6J;M=\BT['\<>G&Z,O%I[P+)3PD^X8J$_M=`?&4%'VV>1`!UD,G&:BL7^U`)_AH09PU_M M1=3EDY)*E=/YHH_1PF[E6)1F) M*,[V:8B^QUEMBJC<0=3,OLBF15IZ#./PGKIVN/06WI$^B2=Y"N@QS/&FJP*O MKXOA_L0TDF$WOYTIQ2P_M;B%(6%&VKT?@!4T=(N7P?0\[.6?Z//`]\FW&'W[ MQ4KG^=5IA[*49A#@0.%F81PP16,_7-O/7X?`&Z+H`(PR:P>QT+<9ZB[;0"0_ M,LM%33119#!]YH[=[/[2FHZ+S%&UQ:5O%%Y[,ZKWKNV1,/W0];OKO?U7,0`O M@!1XLT4E.-^IA7G;VS6M*:?FOJLO")(=B!QUI02N7K;E:,3QUX7':?>9IK!, MNI5`%%B`WT_J>2Y)/I^2")>T/&MAL_(TWK3@:00G52@^J-VQ-.)"<;@ZXN]9 M",.CR?CW6&?NDA3<53H3:M>9*E1AL=#XSC0_'E,JU"T_OR8=(J4A.-O)%BG9>T\(:UK++U%/CQ^(8CNJ;MVG^C)"V=DZ2X- M,]#F_>$U698WG*&%ONQ+[$"T*!&;P`/:T]J(X_N%(V)W6(RP3"/-48/`AN:F MJ@&CRF-RZ62%\K`NG5H;P6X\S3_LVGU*+B[4F$NG87ATZ?13N7;Z^>@5^*C2 M(,4+J19<-9=F97PAU8/'E$)UR\^O5S5??N72H$#7[O-!:=GLF:3:`8I,5JH7 M4BRL,[F0LE'K6!=2O1\>._$T*<32[C@9>>'&7$BQPPRT^8+5[:-CU\A?F9[" M6H!H42(V@0>TI[41!^>\)1_,[O-689E&FJ,&@0W-38<;=B:5Q^1"R@KE85U( MM3:"S1T-"5G:'58C+M28"ZEA>'0A55\]U6YU:U>;NA^C+T*''X\I+>J6GU^9 MCASXXOM.,BJ"739[9J9V@"(SE.K5$POK3*Z>;-0ZUM533UL^M:OT!'(YR7@* M'NG&7#]QX`R4^(`TH2A^[(=X/63[>*5)90Y]26M#+^P:T^OE<(@NW?Q96G^6 MVHV;G9W/,+U-)/C9B8&8_HC\RL>WPPW)R\>G,$KQQ91W#V%ZCUVWQ7SI:S/8 M/3W+<9%/I)*9?;46'M)RN[>&6>`;L:(,0(+#+_B^%OJ)C[/7X0NNFWU,TB_P M">%Y"#-X=?7Q,XJ_XA5STG7WZG;5X^,,`Y!@L)&!)9*;*;I&J9&GW:3RW M++I==%Y`05F!A%P>JN#[?K02(+7T*8">I)8V:4`S:0-+;3Q]TO/=I=UGZOS" M,"B!BN0+W,""8_YO*/\S;[-C9JSFKG;CW]ZY&MHS"W;*^,Z* MRR*5]-)N-X9+#E/&G@7,P=`C9E^EVR@.TQ=0U3M38.V'2*'7TH])]VX+WU43 MV1V'GMQX=I\M\PEBV+(S@0JJ,@!GSQ'C=I&]_B:Y";__,\H?'I(=4J%[-+5\ M10L$^!9-&=MWM=\E;[W@T1AJ5$'!8-QJB<"32Y6='?!L_N<69&$IN82 M.9B'6:9\[B%/\,M#H-8466F0QM[G;/8_QM8AM<\,+N MHVQ5(AJ>^R3AEIJ*W4%8OM'RK::E.=+:]*#$64UA-](*>Y-<;/Z]CU+X?\$= M$N'7,-]C3GR%&_R_Y%A^L5KHB[YBQJ%&(T7$/=5`EC:\XKE$S^Z#;E&13,V! MG+@.DQ[2DZ(FP%7?Y,F;QZ(R.-36KC)Z)S7[=*9[VF)H!.\`T/$%U\6>&]F:R!Z2-'^3P_2QN+="VI14F>L41W'E+]<(>'X1;S^@OS[A M(GB3UE\;U)E.)(J5ADOB3JWI;*5X(FA!TP-Y=I^-RX@UENZP0PS*HF?@"15VYG67X/,:@;`-@I@#<"M&ZLAZ>Q]3Y?W(4U!(:,SU- M;(33"+7G4]>EL+V6'\LJ$=!(2(X2J"=*F:%VD$.9@D(!(X7NY0G;\M= MSC3&^;`C4:M]?")WZ5Q_*]ZB,+B6GP@+"V5ZIF-&UC:_(=TY.)JD/LTF7C5A M0(>,S&5VZ=#@O-7;"EXHT%`OW_)39G&I1IFAV/&U3$M8E^B3+1(Z@P^ZK\A' MRSY\A^DFRN`6TZ;U[4(-FM+6OT+]8!2O52LZZGIKRP^*664P.F_T`#F=)G!1 M4)0%56%M'-<_&XS*\7[+WUIWX3F^Y:DJV(4P;]?[X)QP'1:_DR4%X3T=5TZ+ M_K5\1>_J#M_L^HB?T*MNX[GM[]"JX7E?SW(4YY.I)'=O+?+D-O5.?;M/-GG$ MT&W&.;`$55FR2"97=$EYX=NW[\/'\!X2O;JF;ZV\AW=PDV>_PL=;F)*4W=J, M^$#G7G]YR2&+'D?)B"HCC`Y:N7MHH:X'=:1Q/E MM=AS*RC?L.I#%1^2&-\BA_$F@MG; ME\]XCY5K6`MZY.ED_:&.@_Z_ M!1UXN]^&8);!.*L[@)RRF.30P64!*2Q+XYOP=@>QH=.78[Z]3\7T[9"CD[JT M/+(72X^.M-TQ3TSXC5.V!40K74DY*::^%([/UV1__Y#_(]SM4;_SA3'6MO2O MDL!LXK63N;6N,_/7])/8'6'$*XI9B@_B:;@89Z#TT&F=,T!J::.^EOT6>ZC? MV'1AJ+OTYGZQ,6!W1`^W+$8V7GA1!3 MJ;EF MI,7EG)AK&..[>.^P9F2?]\5FVT+CQ;AA`$K9S29@!\M;*Z,%/3G66%D>\<(M MBV'.#P)JH7Y1!]!*2!5(-7T:8,*9&54#AMR9ULIHMO6H@?+M#GCA%V8,AV88 M5D#_BGV97?@MVT=Y!L)[9/RS'.0/D%R7#N,7[D`8O%?_*0IOHQWZ:A>;3;H/ M=]<0?<7MA^_X_C7$<3@SK?%>@Q"DPV%$A*Q%Q+!4]VW/*<4AANY9@`-+4!XG M585!41K/!+@\*"KH9+ZN*#"KF-\6"S9'/YHM70/U2#B/6GP=1I0&[2@.@ M".-O$'BCTEZ&6?[-$3#_2YYABE:+%_%%W&, M4+T-LRC[\'VSV^,IZC/\1FI\2C4#^!]4']`?3X.34:OR1+#74-!+BDM!]1M_N8(J11T;W##JN>$'5/2#] M@ZL[4"$`9,F&,(`*!"A1@*L84!R```$5$H"@%$LZ&BY50P.N4G",9R*6SYG_ M:?J4#^68ML^G,4^^W3$S(X\,N^W;)IL];K(E+9VE-O`@)D[CC/HG]NDQ_!X] M[A^1AX:-(;YX51G#'3:&4;S9IRG<@I#TOWLAV0GI^U_8]D65H=R4AC*)B\+@ MEAA*6!E*7'4#TQPM_4&,C.:&&DT2>W=?,YKX5O*Q`!.QFOZ?1E/U2(YJ,XO- M7+NCS4<>&2.KSG%E#'[5;B7E#!P>!9BA-?@-ZB7#[S`F,1J5F_`/U'O_V!"5 M:TO$S&2\)#I6:YC4CD"7T9'IA:Q#:%B7;W=(IT:I32\NU4%O6SC2UO%F+JBU M3Q:0M`>&=:0%BB^TUGM=FC^\1I-FDD^99'?XH$:IQUI;J1/A:-T4Q<<>P1,R M`F0]PSWU2RYNE/!?9.'RNBS`X()#FD1]D&K4#V*3S<7)_-]84\<$&1TW))J4LUYFQFN5@OBKL7 M=@<'2VN['5D1<;1'D/)C"D@=4%0B"05/KX*ABH#4U*L7 M>F))K=.+9D0I2WV?VC"??C;+;\D("60FLE0$6L=\P9EH:O,`MWN!CU>UXJ?+L..'I6:761?H"(.RYMHE3/!!S\2U,MW5Q\`U;`N[C9H?_9GGLKW].FW"P(Y`],^&6LGY,, MUL8[+RNR4^_/[%YEBXAC1(,$@`4DW_2V+$W.'=R5)\`/F!S<<%L5&AP4S^S&X/:0"Y(3O=AR'`/Y,8$'K# M.0,9*J2&@II,KP$*MAC4XX(+9^G0(;0]N*('MWXSV=UYQ3OR,_C*3;H/81I' M\?W![D:[?8[,[LI;K;79OXY.Y4C(+$E)QJX*Q-E:TA&V.SB/40(C]I$-2_!Q MCV_#;.F/`!:51%W8O\,8IN'N(MY>;'$$+@X(RJ-G6"4$FA=CL[\ MHI6\'JR)O@B]R^0[=IM=3DF,\)P/4U`4)Y$ZX5$%34S7XBW8P?2&.S%4TU_1 M2\Z^8_?F!)<!=TC7FNA]*$G2?KV M0JZH6B^%EPXK.H9V'V/UH.8PMCA_L:"Q[>P_(#_AY1;ZC8]CE_$F>:07A=%' MI-%B>^2%7"$GA.Q/9V_A79)"6NXF_`ZS#]\1J]%WBN(P?2'/0GQ&PXMJ(@%W MY.(`FE%@A@G@S3UMG-6(7$X'S`YIJ5-:>\5N:V'G[+Z=:W`4C.B\.7D"V@2X M)>WA2_OXOW+.ON>\.CI5H<@,DASK8+,"'FG7I2-M]R*: M40+=;A<;C).'1PL"TVL`CT\I?$`N%W:^BA]$[\A4NE4X<6^1FT?]&V^E+]ZA MHU<5C&81Y9C2+36P\2A6=G:']#-*8&2]S(:E-,7"QK?G`VNTOJ:YVF%^FS56 M2WJ!SG?LOI;%A-^,Z>T'41(4E2I7MN"GHN#/O(1]1KX(MN&TS8-WXK@+?0$G M7=W*4I99F`-G.ZHL/&>VLMVR#F`W9%/[403E'PJ?EH^?GV%^\,'Q6\4T`YN6 M%>U17W),'()=TN^D')Z&R/5*?V[W9G@O;B,KLSX$`?I1C&U)G-"5'5ZGX?K5 MON]\M=8W@7?V*\E"#G$J1O;4F7GT@M3<[@@-5A%T3^6,.()ZN7*Q]%-1E',Z M9_CB>DSG:`1NFM3N.O@TC&[:SNW>ZF:6P8RI9413/`Z8Y`\P+J+11KL7A.CNZ4;)/9A>P:9%1H%-K<[DS:O**-9ZG8\_19;>*.+ MG1M:UF36,+^Q2&/X/-@0T8W)N=TG)-RR&%G$\:(*KFI&_F]\-+\J.RJZ0-[[ M8N;-M%GT1G]R/&:!7Q*WI>Q\,:?[.'.[3R*&H.LVR0/]!]7OY0X8YTYMSV?4 MXB&;8V'#(VXIBY6Y6"[;O2<[B-V(!SR$HO1\*TY"-9P\3(W+1=N;7YJHJ6;" MYY"FDZDU_VM19&>9V[TIRRJ"#&: MHF1N]\T\9AF,^*6L:&HT+DVOJ%=:WU5&K1OP2U4=.K")T"#KT4'%PJ,^_L+N M(.5A\,;L:Q>"&B7+'0);ZG54C="RVUD].=WQZ92UL/MU M$T>-GB(G963]?Q3F=>CI,\RO[F["[_397?3W%(89OD1-_O7R2 MI-

.W5O$ZH34/A.H0EILJK4&3]*YXPS@D^WDCD3^"+OI/7BO M\1^2^"+>DE+7">H!YE%*HCR+"*-K-`K9Q?9?>QKU48J(;/I\0=(4NW/3&BT! M6Y^:*QY+%NV7Z-*=XX`=9V'YZEJ[\`S68DVM14S>V-L*3M"Z!0G>HV(QW(); M6@$\T5;!$ZXI8#%J&XV+U@=%%:JYHCW2`=A'&E65(V%KEGN9K8#-+,C;NBXF MKN;V)_B)^I8_"\0!D#9[0@\6KJLO&51_YPIHR2/8$4_[0F+6;N'>VQV?Q26' M$>^-$4S!B#BBIX`+NV.X^`0Q9[Q9(1T=\0O8[R_) M2[C+7[[`9QCO<>/+]4P;E8\[DZ/N(/"2JB<%R61H-R<[$!LA7WO?0?%GH4VH MKY#^B.(PW4;A#KB9JZY&^YX'^7_X0YK5.(_P76/3Z MUZQ6+ZO277"^BLY"199'SL=4E89K.O1)Z6T)U^ZM*'8AC+BLS'#(#==-:<&S M<`=%[7C+&41U"N6MG38/0UF^_:Z.Y=C,)5')9@94:.Q1;;O#I7G$T.V7<&`) M!L^\K\B9]QFXR/,TNMWG].6E!%R'*3+(ZBFO);1J5,HW(JV8OX_=.PT\8G`8 M',03=E!7N MZ/^0G45H?Z+S$^J)`3)#OV;,3>\@VGW?=`@Z`_]4Q+L,P#C0$(K1<"CQDR9K M.$X6JQ[[V)6+"0^SW2']S#*8LYC]0()#@<)C/0-E&35'I5I(:^*HM).@IX>` M:"1G=A\L#"`W1<;V[JO3T^+OH\7PZXM/>1TQ_$>[9TK:11;(WDUHA1)JWW=3 MA[6(F-DE^VN%-C'H8#=[6SL/OG/<3+S:;_>-^ASVP+L3%3J'KZGMEB!F% MG.:)"UM..*PMD&]G^7$.MRQ&]JIY406U"J#MI@M6.,%-;&Z^:/&L;%6.AC?& MWH(WHUFQ7;LOBXD)I-MW$T(UJ"9'F^.B^K+=1O2#78<1FM?>A4]1'NY*VGCZ ME&;VL;ID>VX-^:N[96;JSX@W;I=T[9*:'PHP;:5:H@#S7_H8T1E9J M96N6VAI-D_"?MJ;=%]#@:J?D'1,:`]@UK7FLS5V^889'D:;=!BA!C.WU#OV>"X8`U;CN\I MJ1'&D#'3-?+&ZP/ZE3/R M,"`^,,6QVNC'+U]_^RMG'@H6F?#+67=W<)/C!SO;!<1*HG&+7`U(_69':*1X MS`E+!]@[=VD>W:7=@5R:)+;&&/!C#W`6JC*]3`K#7?0?Y,M@$@(X(2LPVA)K M'ERJ+S%740'2M?OA,P?OH.=K" M>)NA)AZ3F/@KYRO/:;M1I4:OVWJ44U(V&4J-:RV-S?*"W@U:VGU0QP+?R(S( M`"2HRH`G1&N%S-0RXQAF9F,N:"V]G"_I3?BEW2$6P^!UV^E!!`#F$&RS0DX@? M_KU'(_ZNO//_/GD,([2Z]5L3JJBA8FN71QI?4'WA(=NC[9+23+\EN]S%)OX7I]GSNN?IR MZW&"D;W\)"EYR7;>AHCO3].0+.T^MI"4S(@)E\,8E-7!3V4#.((>U-OX*RAT M[7?<#B@:,J1GFFX33D#/&K,*;T/K69$;;6GW^Y=2B63`&5,N_6\C&+]U M]HK?F6A/Q*R^2]='OOQB9GFHI7[A&4S$\;W[&\F\SSJE"8I6P"X*;Z,=^I+5 M3;ZA?8![B-RP^A&E<2X7ENDM]&4[:^Y337E8YJL32[>4= MSRF2.2[MCA]DPJ][CF0!$92%0%E*\.[!US(UX,D:,;OX'F7G+L[Q#X05]42I315W=-W[*Z^>SB M]++:F=T'01'#^:1L,+VW.D[=N*)/U7IV!S@(R6.,^QR@@JI2AIV06KV_9M7: M1O#]O"8(-*D45PH.^6G4*L)IC[*L9Y'@0/)F:1P'1K=K/+O/TH;!L]/WB02] M(F:EN9@?/@@F>!NBBAO>9S#Z/J4(ZK(2DUS`\NT_7AL'S$O)#+)B3;1"* M!!TOLVP/M^_W*7*J:;`XN2S3%5?J>7-]5VOY`2E@L^P`')&=LS%\XY'N]WEV M'^K)"V?D-$,:9E`$[-!0Z(BT!-X9=3AFB://;I:%J+,\_?F+\N%UYV MQUU*RZ;?R9<#2.]U`]H"H$T4UR;/`&FE[\9E\:KVQR2]@U&^3WDW*DGG7^`3 M$O(!-]\0`=/.T9>(=+!_!6K&*=Z15O77]=?6[P0QRF!$2QB`%-I0*]FJ$MI( MKL^-LX+D[4Y:;UU\/7(]`6>,20AS3A<+G.!0"&38Q),MGTW-X^+C^0T^$]^G M+P1`<6JP=#3N<[9T*$=E)@E*[K85=E9>\2239W>4QC!XW29Y$$%0EJ"[D+J3 M6RG.(S!N_ID?.8-#9PYMXS?[9VO'\OQW8P^-;B,SLGQ'%SYOFA<^+QMI;=ZV MIK4I(126D(#0DNX&(=UBM!]WX?VY,YCR-8.;\_OD^9JC4F1?UEW;/2-W0=:M(AW]!M7?`?Z!\Z&P?8I?%_L899MP]]\P M3#_$V_=A3AXZ4$2IKB[DV,4,O"1:9X7YC(ZDW2'Q+/!U$Y`!0U"4`;00P*4` M*@9P.^PSYGZHL7E\W:MB@)83(>[U_G87;3[NDC#'JR6E;*VUK8*B?5";O*R7 MQN.WMCO@IQ^X.0:V]%[2COX$R&\B5/M'LMO'>9B^?(QV,,6V9>B2)Q_=3MI7 M0;DAR$W:G=8@JFOWD=0P>'/TZT!04K#Z&=#?16CX3[C;_<\X^19_A6&6Q'!+ MCJKP7M%<*1T[^E%!2U81FO3LJDG&V>[WO]B%,$?7`20E;7&Q-Z0<*`O2`]*4 M,VU#LMGC%=1%O*4M7\9W2?I(EO55_*4W7R_;GHUH?I44YQ@IBKE(WL%1W ME@LD&'7N[2:QB#BZZ2R`*2CKD"R"!OG8_() M'/H)[+YV)"80.\^W1?LM@4N*^-Y`IYWQ=">";KA^1'_+SN>SH#\,_93IS1I(9?%0+V=V!Z"P"6#*8O>B.#"VV.0J-O-)01F.XLVR\C,/13"* M,;3J024_NV&WL_-0WIG/Z:#:O87``M\L,ULQ-'A)-E\E6'E=!M_3C?7!-]-X M.7G4OAI&]D,^Y>-QZ<6,CJ3=FZN#V$TQL0O`@8:%713;_B];N4&XSN>.JBV$ M>K-J*-<*\)1II-"B4%6[K^]T03;%JY-^#W3"/P@=(:'*:;B[C+?P^_^$+^?. M2I7[U]J^DD.C`7,[NW18?"Z*3>(H#H8HD4`*0-0(2$>'M+> MDA"2[&J?9SE:]43Q_;FS5KM)VM>9$H;R"'-"U]ZJLR4=?+O#L3@E,41D1C@5 MJVLYEHNPI@S4ZHB0G!P?O$.S_7V28KNE*HJDI745-.Z'>\S;X[+K%1U.NV.5 M!I";X657]R4/R>^@+"#"NB_P/L*;1''^.7Q$?O]*U?*YK7D5O!L`?$R\T\*S MPM>V.V)I$+L9\G4#*.EW*`%P$=ZK%"$VE5]?'F^3'5^T&24JQE'S=W4W*?I?U8KNX^@)"73 M/>?(P0N.%WM%"^6B[TM=SV@KX%)(SSX\/NV2%UA>N&F_JO,YB?$#B7![@9,N M9S<)@E+__5V2Y9^3_+]A7ER0^0_W.C'..6*KQ00NCLD@N*T8>]VK% M8A;'3[*3L&M"^SP#I_:@4P/VCDCEX@3DX M0#@KCZVP*12^GS>2.FI9"/QI!MG'?20SZ"Q6:"62E__F(8ROZ!/:2*\6^K+LC":6I::-_VMH MMW*#D)SETE^0B+SUX@>U>[QC-&U+R"EMCVV$W_&_;5G6,BO?M%:XK]T4FEOW M#D):>C3V;KVP.Z[,DA&:[-J82TQSJ^5ZN[0^(,A`CJ"!`AN?L<6/,>&36/+R MQV+EZ]N&K_U;FWJ[CK`/Y$#>Z''7\J& MBR=NT1?3]^SE<5]J>-:%^Y1IY9/)"W^^ID-G]RS1B]L4V]HZK_--Z,7CKYL' MN-WOX-5=^YQPD:8($WW1Y>W+HA/>[N"YZZWTD5493#F>:QRM M*J6MLBX<;[6>4:+8O1C5);)NQ=2$.RC;)2\H=3A(H-XXN'TY*EAT0#T?\#OI M@]N&@P@@BYNJV6J MGISH(S"UF?V\M8)/KK(7%X-]NWUX1@F,;!*R8:$9_@O2;A23MF;3N^:+3U$, M+W/XF)V[J^7:L"7FP:=#%^3&IU]MN-I&=FQ9S-=VWPA2+NLX$X`?3&E+,=@ECBM>4H[:?5_&U!",.,4K%Z:,$P_+9*^W4M\N) MF+@=4>=Q#';I+YT5I9W=-SX-C8"UW@F7&/(^RQF@'58[2!FX.#)&I%S%:=N'[S#=1!F&CL#57_";R!>(@K$>?0,\:$7&DF_ M>/;+FZ^]MJV0UOR@?2U)ZC,?QN/G;SNJ8?"(8:9K11V0`%AYM?+:QEV%CY%T8&[]N=ZWSL^ZD\!G:_6EI_F#8(W1\T^&(7]+(JH9Z6^I^;-L++=13T947]-XWI7 MEK^T-(C=B#/:`T`)&V^^)3_T^2N$&,:4$ MX\_G?ML><.O\+MZ/'%N5RE/XJWBEVCP][;;1U:IN!\Z<_U70-APR"GP*)REK,K8_W5DEQW6/EV']X)2*-[;<@/ M*:BJ=-^:^B"29H.3*UHF0@MUHN%QLM7W:;0DS0'JV[VD$Y3(B%\IABTX4HQ`=0ER8Z+.8[K%.-F]]J[#[9N MHO7T'12_"2Z2V[^9EME<.],:<_/)L+EKCV;A7B_L#ASOQ6UDGNU#(,NX*#[^ M=D-/`$HPKMZ5)./Z45>,.RJ&%+6<$^R^\-0'6[MMZ^X[*'Y3RC0]MDTWTYJV M[7C87'_M%2D7[5YU]^(V8]MZ$$@R[@O>VB+.H#O\\)DXVZINY)C6@[9DV:&( MLW3H23"MO5B_B(4U6,FK,F M>;W6KKV;\?V@C?"JK>>264(IT+[`+$^C#=Y)P8=SO\51GGWY^EOY[=R9OKFR MMVM)_O%)53&RMQI.9^P4HV[W3@B7'$;F6AY$P:%P$5]!BHM.Q4Q4T&-.QR9X MT^0.?(:UNZ1?P>ZP5AXQM)ME=BQ=Q/X)E<]^EHEN$+F53?[//Q"B*+ZGCUK@ M:Y!SG7<+%$)5$,&@;]"D4Q^T=H.,)$W%M7;M#K[5*;:1V4JC`$'Q:_'Z"\Y1 MT/84`HB+O-ZBAU-Z&&Y7II2)F`5U&5%:N_%=MV"7W6FD-4JM>X[7!UU%Q@%Z MQEC:E6N!5Z6$Y?OP[SVBV&6,W!H2CMUX`8&D6LDN8XH*IUF8S>SS+SC%&,G( MR`^VM`'BAH!?`)I3LMM]U#;6D-CMS\@)5U_O9&2]LR?K'?QERS MSL<5#D%I\?;D%15WY9M^QT`.L69SIF0,F2V72&^.7X2QKEV[(T@,2#^Z19(6 MX2@L5.C8KG:O[L,./L/X<"-RS9P-KJ,1.65C1]9R5_.HQL)W?,M#Y(>@ZZ;J M0/_'"0)H"?E;R.V?E?=.OT'&]=[&KU>AM[M]R[.2#X-GIYVR>_3M2$P2D/.. MNT'^]=U.K]?PZ;#9'5LPB-W(CL80B@!]>D>0:1=9!O/L?+E:Z=NJI'W(\:X+ M9W6)A_[N++UY$=CHV7UNV`[8")]:NPXNMSC#WUU$,H?3(GQ4>A>23?DR7X4W M7[O,WMEQ73FJ#.(H.7-2D.SG^=1MM3N@_%70'G5]/":/RP2+ MFOY5VWC02-BEW>&=_:ER^NXB[8KJKUDJJJKX5,?FE-*'YZK">.F+A\;N4)P^V*;GN!8,%:O.0*R#5CPSG7Y6=U$9GNF;_:NB4I$])&N;5#1S'UWH-(:]X=UIPL5HOZ&)X M:?G,V(_<#/]Z,035SXKYI^4(UPC_FD[92<&%4\1)+NV^C=*+6[MKUM.Y-.G> MPZ<4;B+Z%/MJUKI.5,.X>D]R=.O'7'+MJ)2S=)T9"0U9.G;O@`$ M]=\4\$R+9=/,LX9-.RKENO0Z^-*Q^X"Q&[1N:];9LP2Y/D8I#-/'VC[3LBWX MJ745<%Q7CC"#.$K.G!3$9Q(KD@K%G]G-FW[@NKG3VWM0_BHX$W9]/*8="A,L M:NY-M(W'G(Z'W=NF_82?DBS[B+[JNR3.HW@?Q?=73S`EQ,_>PKLDA;3<3?@=9A^^YVF( M/ED4A^G+90X?L\]HI%%-)"AJ_OXR1L+"+#]W9M[F38X"D9TWYP\`6T"_(0[^QG09D'Q1]*PA89%RQKOQS8LC>6$ MSEY710):W['[<,+8&.A>Y)@2Y,2:8`Z#0V_@T!VX;1J:,W#4)R"=GH'C;D'9 M+Z]9(M;X'COV'W;1(^H!XRA\J[GKZ4M?T]NUK&7@DNJ@VGW5\/S@TBBTI=U7 M&[GD,#1OLR,*:@7$W7@6`FB:+D>F=SOCI&=N)IXV%=\XL#-KL36@R#-\FZ5@3'9%-/,*;- M69,,:V[2=HV12\?([KVU8?"F-FL'D>BF&LO&K4FF];J*]1&BR2F7=A\L#8,W M[A2VPE#!LN(^>7:37&S^O8]2>)TF:+65O^`+Y?E%3/)>/.$BY\["]_6%9+`# MD:.QE,`EO3D:67BN9_D-7P%IC"@`/Z[@7?@4Y>&.OCVXC?)]RKL1*<(/+0LE MFQ6BX;MR-;*DR;>7GMW;!,(RZ?9T18$%9460)Z"H"LJZ9^3-Z_P,D*OS90.< MV8/"'_CW)-GBZ&A\`.FUO0JO*/U/2Y=R^L`H1)5_I[WX8NV1>=JW M_'DY%OA&C#T#D`#?^B'E5-)23U8JP[1LIH5J+>ZY]`E??V'W9A8#>MU&=AA" M0(J`HLP9(*7.\-4T3GIN'N!VOX-7=U^I*_\%/B5I3LY*[I+TD:Q1W[X4/][@ M[`#GKJ?1\Q``),EM%2-0,5^@,<=;K8H-=KN#U>2%TZXWL@B#L@6_Y*8RK6>E>2ZM*/NE*$HV*.[WAK:KKLWDGN M@ZV=O-U]!Q71A#+H]2C#IRB&Y,P:?4I/WXO++`B4\))3QA.Z]M=&GV2VHI_$ M[CT5`6D,D9L#4M!K?L'ON!H-M^#5ACS,:;;=?8;:R+*BHXP^"[E>Z@O7ZNU: MDO]\4E7$[ZV&$]N1<303G5V+$%9I/0D,J%',W^+P[N[:!>A?K>' MTY'6O,>MIS7-^G)<9,)3,K"E,#EIH"\B>W;?AQT&KYMM@PB">@G!@YJ^#\IT M\FR2833&OLQW:-$'TFQ+,[L\0P M>"-[L8,P5+#L*-MYO/T"\R@E<_;[*-OLDFR?PHO;+$_##0XWU^@1<@"1X[&4 MQ(>T%1R-+!?K!3$-*\=N"RLAE>[971Q:\.'Q:9>\0`C>PAC>13DY8L/^95&> M-U8#P:`@R,,?UPEJI4)3=)$=4-W`[_E;5.\/G!S&UW?6(0I+\MA:W6!4A]CB M37H>)K?*-4S)6SF'&=GS M]9WI=/4JISKLLI2:T5UCN4"?FL3_K.QF/JL(NJ<>1AQ!60Z_LD9?;1-VZTZ[ M/"C*RI_I<]LZNU7+WAYINNA[J+)TYQX==ABMW!7V>H:_MQ:O M9C3V-MR2SBH^M1DT8]W*[D-W=B&,N!;,<%JXS)UW@CHLX0XM]!^3F+217>1Y M&MWN0A*@G$9H&:!:L@CIQI=+UR\X"F$? M;\G#MY`\IAO&+W_-`"R7$9OZ^[I/_&L)E8S7E7'FU9B$MOPQLHVO9XN";':? M7*L65;=[J1AO4&L/T`;I#)Z!>I/XLDKKL]BU=OD4_#/,#XEMSIVY[^N+NCOJ M2T[MAF"7&G12SEG1+=&EY5E9^F#K9G9/W^32R7%ZHE-V7B-R\EZ5ZOB86EQ( M_1QL.'8GY9:+&8V&\2W/,="+VXB[U8>`<#$BOTJPK=K26BQ,&3XU&Z.,4K1R M\+"/Y_BK-9V"[#ZK8X%OU"ZV8V"VC\+[H_V?7;_%-$'>?@-:VX1>NC2ASS^?";]Y@]J!)/B\?\0I!I/T;WS<_">,[A_02O7B&56_AZB96YA>W9$5+MQ2 M;_;JL'`]=_S%BFPCKG70EA.-'*'E12^YSMW2TG>6'OUV=F^K2DK&H1\)6D2) MZ8<K[-V]`T;PA;=/BX4Q#VQIN$7=+Z_F\ M^-QV+R#E!-/M2DFA.VA941U\KK2LV#*IU3U3JET-:-4RHAEQ]R1!!N]AG)`LI*I\P6$.F9R=;-,?UNFI MY_NMB_/@E6OWE6!)R4::H!CA"1$>/@E[?:0=GP9$D&W]U=+N M6_UR@EGE\;5"%-V_$%"Q0V:D=^%NL]^1`)6KNVKK\2+>UIS/R[@1!$<.V&M1 M]*N%QKR*2L'**:GV@6NF#E/4D>O,B8?D^W9OG>@5W(@5T"K"44ZR+Q"/.;G\ MC"/,T%^J3DC\6JT;<(?^?V(JZ"^%TRL;M*I+(31G$WR]EJ0G":&:CCQO[5,R MVGWLIU5NW1ZZ3O!'%J36?+_YB.(66U&D.@3"5S8NXV<8H^9?/D9QE"%8)',I MXK$[6VJ,8V_K5#80E5&00W!I>X6EZZW(9KMO^44C-@&,3+A,4(+R1W"/?U7+ M4TW!U>9YVA($W5IA[2UHWC+++W.RP-=MS!DP!%69,U#QM,CB_/WH;4\1'9J0-8G;47/BSF6-W3`:K",8(VH_C M0%+*25`\M5PKJHFFC.^9V<#3MI?.>JLZ0`+,,1H+;6-'4Z'HO,?-_NOQX]05F,'V&Z`,O?)+"S=6[ MGJKUJ8BW`U(TV'I4'KG_:[IO9OFK9RSP&3BZIAR-X3W.A7BC8#W5C2 M:'VM2J%W,\(:I>A>$?;67WL>W1-:VWXEFUL:8^M$9DCU?0U<":M`48VH!JH( MJIKT@0UMI.=60K] M)&>%$A1W#5%9*)Y*MZ6_VL'-S'-G.A/Z=':MG,I]0O60^2A7H[,N4H?9?5^6 M1PQ#3@PSH"-2ZV"R*9MLE,DL9KF6P,UU?3K>MGOEK$*,8)3;D=3HJR:5Q M-DID9;:92Z@>+A^JK;TB/:EO]_T"=B%&8'([DMK.MB[3W/+Y]6X1CL3I[@W! MEFHD4ZGC%QFC[0[RYY+#[`8@`Z*ZJ1:-HZWZ>[=/<;*:1J"G[\\-1,CVPU`5 M^\HM;#.J=:@)SW-HUBK?;F=;4"+=UET,UE&,:6T/L*@J'3?*SR#-5U/L4I>> MZR3]3?CTMD'Q'>UVYH5E,C)MB*)KU1SNZ:1:+\/L.HRVGR%^QLW7FQO\I$-% MVRY]`C0V6VJ%ETNWS.]JN\:^%8A*?7N"AH@9?<. MX*'P:DGW65<+V]>6_="-[?:U]W]\[H)+G`%4AH^,GZ(8WZY)X3;*/X;X#EW^ MP@_B)HNP,I^O?[4G2F!W,\5*19)8A>,X` M22AS^]+V$WT)Z3G9/>.Z]*]'_9P5KR!]>X@V#^`V2=/D&[DHO@EC<`O!8[B% M8/^$(\,?P^_1X_X1A(_)/D:MD(["^`4\)5&,7Q0`>?2('TZ*42>$10#GO4&C MGMTA"8MKZMD3W$1W$=P"+'^&^L"W*(?T!>$YWQVX-BC>Y\\AE&,%&G6YEBI62RT]2AG(-AD*&U":^G%?+V@$9YV M[Q`.@]?M7@TB"(Z=J1?P.RTD[T:]7'R/,KSJTQ<)V]6KAE5LJRR]*UA#/\N"'AZL[Q+GXAV;8R0%L` M5S$HVP"X$2,JXK\*%6F<]PA\K6+"M3L?A)1<1DZ)9!!6K07+@+?)4E_2IVWXN6DLO4TEX&)%GK/T'4`>K]'A;*`,+M%B]M M$[),152%*42C"5*\DD5_Q:\*[_$_T:_/Y9Q"?BQ6MEMXBY?269X2N3@7N6T" M??C^%*5D?-ZC?O`YTEIC%!H#`O6:-RQBG[HU:L^6EL<=<$@QAO?5#J5KW7$& M#N7!>R7N52`18S1_J@-0\.5T"_:N(C\\D'^K MA/R7,1(*9CF>L][#;)-&Y,/A?4+'K-WO0*)>&=A%[E.*SE9FRQ7-]K>V.VF2 MN%!CS!),R+HGC;(Z69@,&-,C8-&*/!C%-*YVM(,^Y")-=3R\2B5&JT28= M-GQ![2>:]JG0G[0X9#N9F>35"/_M,H>/9/=?7W:;WJ[5:TJ/5'VJ<:B&[-N2 MOGL]F]XJHTN,,2:0#BS=YQOD!U)#P2G'K_0T_&UY8OXN?$*_Y"_8$U^:97L7 M%/7DYQ"Z3QFZFYDMJ<5:S>P.J)*0:@Q588/6[6P5]4'5`"A;,*%(QMPMFQ2) MR>'J:L:G9[Z%39S>PIY9KM&<+E:$99!(Z5;1N*X0W(;Q'_*Z\Z7<8,:^WW6U M&4T.'-JR0C`?FW0TK%X1V"7HTX.N5H@+/*??PNYX)PFIQIA0V*!U'J]7U>GJ M_="``940/DJT1R?8CA%[OQ%]JGHVO;@31JG&/$)D@T@.$$]."&OGB6%.S@-A MO,4>&3U-?$K2'#M?J%B4;!6<#0XR330*Q1Y=8?*C>K\8O;PXFUX0(J-4H_E0 M;/A.8T^.-ZY^PHF9:=6?Y?6!W._'&SN>T04\Z5:];G1(TZ<(M`I:%7J%!SN] MJ*LV$<9PD5IP=&]-D<(*=J6./[FQA;,1`C-9\F+4D05Q%W38IQ]N?"9=Z31`=CCY586QSMBSG MXNF=?HN(.,9<(8"S>[.6-E;MT)Z!0WL`-:ATM[J*V5,E)2OZA"QAP`L,4T7KF5_AXRU,L>?D&ID=:7_J M]*D+?YN>%&7Q&3#U3YSI'*NW8C'I([?H7WV&I_*;=5+^.[)'TDV\!O7XH? MZPDZ=5Z;$$0E1W%U0]',5>%P]JVZTL:@34;>&5H#S*9EH4!55#H-;2 M&;A]J4JH2P\L2$K-V8*GI)\]N82Y6BP2W1;4L#N<1)6(1B8]16"/5/4*+1]" MHJ*E2GZ,XC#>1.&NKK1\6GFQ?88(5X8C79(LOTYVT0;?=H$Q6L6<_'B^]-;Z MLNKP()%3/SF92Y7C:L7V6[W\PNB>ZK@1!;4_`OS7,T`KD7N(I!HX+0)^IT7$ M9S4A+FF9R2S7G\:4Q=7*PG-62[OG)R%YC$Q&(L@:VL29#N)=F#UPQU.2D>[KB4^7/KZ3GF8(,AI@J"452(WINKSN6,W\WG$T#UM<&`)<"&2 MF)#\HU:\G#GDIP<^@FB9%ZQ3@\9,P%8=&2;?L_L$A$\0([:?"U*W1G"R/HDS MU,.6K$<:-%A[^H*P^GJ6Y#B73!6U^VK-UY;?X&!`K]V>#T((CHHH--TL'UR/ MQ1Z7Q$W[W%<+^XN6O^+&A-^,-69`$ERG\"DL,H&P>NWQ`,(`K*C M0HN`6AF5)GGXLVNRR",2N<4>]WP)9$1`;LL:#0+HXS@<[E^,LM6, ML%K/]7G*O5U+TIA/JHK$O=66OF?WM4D6^-J-\S"&@);1ZC6S$4"/?1Z;UDW; MW%N->'UV7YUG$\",76:!TLUPSH>*'Y_"*,45K]+W4?:49.'NZNY3$M]_BI[A M]B++8'-?&Z>Q(@))CO2*!J%Z#EFDN=5B:?=6B814NF<$<6C!H2I^9ZZL MC#<(WDAK!+DS%^JXJ*V]A]T;/`'+M4T9O]P']&:#?%5K] MP<^KQ[*/Q-6FA>ZLLG#7GMV;ZX/8S5C:`10UVD)N0_J,#'B2OC2:=A;>3*,A M;>]6EIS,PAS(V5%EO?3LSN,P@%R_(>WK/JA^5FE'A[ZN)CLZ#E5;[&A7%60% MEK;;T0'LANQH/XJ*M1&O&?T4A;=%KK8,IL_P0Y9'CSA;&]V\<9S53&?^G;[. MY7C*+=CAKG=_Q=EB;O>9#9L`NLTL$XJ@*@6*8J`LI\[\LC)!4]:"\2G>DLZ@ MMR(Y1[/;+#-*8,0XLV$)KM-DN]_DH"K.Q^*K]#Z,H_^T1VS.V[.DM69S[6E( MCHY\"$LN]M5REK[CD[0E:]_NO68.*70;7G8H0;VHO)UE^OY,R;G'I6@S^?;@ MD+IT2.W.0,\A!3M'Y9)KLT,*WD?99I=D^Y3<@0\WFV0?TUS9E+9W28H&_]`< M9_)L)F:P),L>E[N-J7YPA)=TA.V.W.>0PLB4SX[GR,;R41(Y#$\PS5^N$83\ M(M[B`_0GK&N-'EUOK>]!*E88,VRL/N.+;5VGI6OY*U#!XW:9^$$%0*Z'. ME+-\:BW&>TSN-@QT3R5B,.R._&%`;\0(#^,(+NCZ,0.'LKQ\S2`:&9Q3X3U\ MAKN$V.LBF4ZY`;MQ?EN;\XAU(/EC7FR_L/L%AED&_G6<#$A0%0:VD2L/.3`=- M9MT6MK>8]*&Z)(V6W=?'V(4P9,X9X;2QGC/_^$/T]!3%]VCF^+_0A+`[RH99 M5S)WKN_*&!L(.8X+"UHE$V=LP/<\NW=5^`31;>"YT`1E:>*\E.6/\AK+&WM> MINC)P&^A2C3SZ[,U0)+GO@J=*"4Q,@OP83JHAD!>XEI:XV+1@#-4ZTOLT.Q/ MCLDL^%LR;)=E_;7=,:Q=D'7;YHY^C[)@%S\HXYON+/"Z^=:7T;TLN_`03KM# M2GM0&S%^W?T?L0_2WSC-W=M]M-NBZL7#6[[&?>GCKN18-P"[)-Q),6=I^9O0 MK7AUF[:V3H/RCX)OK;5_'RT&33^M&G;LN)A/$[/:'171!=F(!>OHO")9)L@R M9`Z3-/\:[F!6?#%OOEZV^6JM$9F-ZG+D84%391EJE'66KK>D[SIY=ANI0>RZ M#=80@(`6`*2$>FHQ1:J;XU8S*KU]?+PY'1^[SY,&L;.32RX"?0A(<`$VR>-3 M$I.$.W<@C`'Z%[ZPA@/.OSU$FP>0/\`4@BC#/]8"TU/X[WV4DD3=($_0?Q*V M9C2I-P1W53[OZ/!H&T#_+W\(\UJG$?X++'K]:U:KEU5YP#F#W7MHQA+B;H[T MS;1MIV6+6<;NI44/:B,302=C2C[2-^D5%7#)0ZKBO' MIT$<)9E."CI+SW4=JOAV>WG]P-DIA5:5MXDHJ7I!!)]A1:I,BE6=$;6_9?!N MO_L4W4$<\>SI>[J9`8$<8<5$'`SJ/JJ]6MKM;7)(H=OO9(C="8+](5QV(ZEC_)-L,N>[7$.&+\_`>?W!/8Q;?_LXE@SUX!:N"/(8J M(K=D358ZEF&UE&ZB&WGB`_"\C=#.H;J.BYZR4=?[LC M1+CDT.U]\(`)Z'E%4?H,D/)G`-4X`XV5Y:_S,0GB'8%X$%3!>Z='0):L0MS7$,DJH^7 M'EH#66W2@\Y`UH$&R%K?[IU#3DG,>#ERUW$.PM;-S`$!`?J<+RDCXS.:0J^WJ M[EWRB%>MA/5?X"[,X9:0G[S+=QMF<'L=OI!#[(O;+$_#38ZO7NGS4N2PR3%< M];B4QERZW<5\N:+^J=UA(VH%U>T4*44;U%L@QTU(.\NRNO3S;1U8[UKRIU7,N4RBFID_:48=,O]Q#U](""A>#Y9SO.O[&C?D.GJ5W'I@EJ7::^BJ@4?9\TBJ7-MWVQA%T+[/ MQH8CN'J":4BBD(L:X+(69"SJ-Y[V?E"S^MUIQ]$7B\>`0"V[V43L8GIK;=_Q M7&I9[(XRY1?&-/L'$04E^ZLJH.:FB;M<7"S1L\ELE2(TMY>':]-)UJ,.M.77 MT47$,;/1S`^L?V[@TX-WNS#+KNYN4ABB/E^^YJB_&YQ,\WSMZ0M^ZNQ5CO'L MPI0L[ZZQ\&?SN=T9H(;!&V'P((R`E,!KZK(,((60^<;%>"_\_7N//D);IY^B M&%[F\!&?4FI,%L\`0([&0A)6]ZL8*I/O8O>BE4<,(RSG`!30LF>@D_>X"B!U M>._20/2AMEK?SN>; MQ6K55?"H'\TQD^IER<#8O4KH!FUF-FOIN;1#Y"?U+.*8TTS0J&M>JQ4N3;3= M21#Z8)N=VUHQ:&85^PQG@E0=LURM;&&U[0XVZ$%M<*9KZS]P?G%_<9PWSB_S M-?I?.3Y]2VK?K^VXL(]-964E7.I! M\,QMFHG3.:^514O3;/?EYV[0AN>T)@*-/.*8S333J&LF*TL6%MGNA],Z,9N< MQ1J]!VCFPNNU]2_SN?AZC839?(%/",1#F,'K-+E/P\>+[U%V[JY:DSBJNH73 MU:_DN2B'/(?+-IUU'-^=V;T"'`:O>YX<1!"0$N!0!!1EP.^XE'K&:KHW-AIC M6ZZ'==8AN\IV+S49T!NQK,,X3##W??(81C'ZUM[,L+6E/>M@;Y=,_?PM:B&C M87NX(0/\<:SN$88>]M)R.OAKT/8:XR^C_2UJ$=MA]\X,$_X1;?`Q$N4\QN?T MC3X_[['[?'5'.LLN]OD#^F;_@=N;Y&T-X/;<\99K1Q_39;!)JH+B8:F41:[= MY7+ID(C1E>4)JI3*:4;Y%"(.;I(\W`%:&8?%?$5JD8'KLC@(T7^$*'2DU;A$<0I_S-.5OCA0 M85PZ5%=L./K5EJG-)7EEEQ#$[BU:93*..._RHPU^#;]'C_M'\#[9[<(4_"/< M[6&EIEOZ5,6OX0OX;YB#MTBA]\5<_%N,OB1YMT)HWCV*D+W8D'NT.X144RHE^"X(*B"%** M:(/^;QAM<+2)H8'7^NV^<5[W6_?36BO/75,[8_>U(78AC-KP/B0G9KM(;92= M5?:;\Y'LZO$\\N0[SE)8YK=8K-HNJBEZ*[NS6SDNMX]S@:&Y>+Q;4R;0\.)91!,/'=%TX&D=P$M[,X/=FNFPR%AF;UT_ZA[`( M0[`\[I51!'8VREU-8<2CD)7':81J!GKF&]KD4^0?,`O2N@5RY+>M%^0\SUO; M35XV`=5;FM*JKB(Z$_\QHI#T'81%K3P)YA9<9SZG#SQ8OC@3D\C, M!H80MJ"LAKX\?-GX^>OAF.9NY^K2CHU=)=6"6 MI:)_5PVG&:S7EL)L.()#.4`+BF]^G/185R-OW9:,3`]Y51ES M#G&Z^%MW06>K8M`MOT_#*()I_G;@:..OL/&]RA]@BI\U2>$#C+/H&5[&F^01 M?DJR[!K_(8DOXBTI=9T@'8%YE$*\$_06QO`NRLDC*#?A]W-G,??TO?>@"J:< M?F@IN(;C2HQAV\ MAWJK')F#'\5YK97^]LCO;'+L0A@^GY,<9C=IN(7E1/,% M;F#TC/?ALM8'NN;.2M]AHA`F.;50-0REIDB)@A;FZ[EC]XRA1D#=LXD2E`&I M?09(?;0FPBW45E"U1M0\`BC)12W3TO14LC%Y*>""W?L?:@0T-.4I`1M07:P5 M1EH*\!W#XX,Y,WTVVP>[E""P@W2F=AYL@7\;N6\(<0H@6S^O3."=AE,34 MLH0-SK%]5K+N*!(79-?A"]X60S,%^DNZA]M/17!*U+[CNW0U!I@(@I)3#F4C M<:HTH@V3CSZ-#3)9$4VIF23.H*P/B@;(BJ5H`M3:L$,WM>P.3%(W.[<,I`AA MM\NF2D3#&PF2<(N#GEY%_?`=1V#R1N84+64EHG!7.V7RURM]&]S='4MNO_%( MU-ALZZN,OX7=06<\8AC;FQ[&PD-ON04\C7G&.WE%^`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`T3L=YW"P_)SY(T1,@NOD=D MKC/VZD?9J5HR=DK2Q<>R`AY?NQ/N#2`WS`>@B*BVD*JU1/7+"6^MS-8Y(-W/)S0D@3%)M(W=KX8*B^\QH\_*?EX]/:?),WD;)BM6BK]%!84(@ MQWPQ(4OJL]5VEI8_[,,CAFZ;SX$E*`L0EE?_42\NN&G!Q0HM%M\VZC>L/EMM M8J+LWH'C$\2([>>"5&E!1M0@DF?_)]0.ZAK_3TNW\Y7&:[*]7W.:30`C MQID)RH'/"NSQK^'F(8IA^E)?!I3].:W7#=00N:=C.1IS2522N*^2X\PM/^AC M0*_;#@]#"*HBISLHVHBKQ0*/2MR&]>T==]>=N7;;7A;X1BPO`Y`3`D-)`G=N MPKQ]J4Z#7,?1=X+(`$#3SE^?A(,[?[7*>(-VHCM_32E&V_!N0.G?\3X3/XOL MA/"I"EE"?!CA):1/:J+>1.0;Y/NA+OHZEN]WL`LQ&MM/D0P=[WP2#97KWF0_ M'**ZLU%.,Q4=Q@M).'RR4SMC=E>>W0'^'%*,=Z!Y"H7-O@L=X9?'15=WW7!( M`);KK36^.<^(0C(615C6*C2%M07'6UN>0)A7%.V!*WQXV,\YQ4($;Y)DE[V/ M2+K67Y/=MMS263J.O@F@HU,YUC-+4I*\JX*S6L[LWM\>0*Z;POW=!^3G,X`+ M$(:2(H)KT:&/JN5Z^BCT;%P_[ZBP(KNMEK_Y-HB=G:)2%\J'<`0527-<4C3: MOS+I949K\O0T>80:=5S<3H_O#^_VUB*,ENNU8\#?X$:FR@51,21-MT2@56^] MM'M+1H%TYIP748A'_DS9R!D@S9P!TA#1QZJIVFO7TB&-2EBI9>]^VHK:V/R7 M:-6GMMGN]^*5R&?D^$`%TB.=;3Q!+_8:$$&!3Y0QD$-K]?U(?4>\K"#D5$M8 MU%*+V!NP_+DZ/D%T3V)<:`+N.4IX7Y:7+^L?1S76PJJQ\'S/\JLGW+)P3!Q) M'N[$)@Y>5",HRJ&QOZ=)EKW;IRF,\_.EN]27E:*_;S5:P2K7J3)TU'-G=CM3 M+/!-S0D]&`[/)AX*G0%2[`P4!;7P6,N"PP(>-U8-_?6P.^KZEN>98Q7!B._/ M"*9XC2V5=>D/W11;FZ[&B(FN3E4SMT.4;LJ6%29'U#IP\^:VUGN;H17%%?'8)DK/`WA#)PB#0)K64Y2KNUWR#;G)\&.2XF2WI-MF M]^4LZCMH>T9%M6E="$9'^; MW^UWW?Q9^G.-6X0\4!2J#;_4K3HSV,QJ.2$OBTT:HQX6$Z03K2@KM4T=HKN/ M0MPYG3E^$)49F&<&VR&VSO)C*"&!1IMA6!&>3B^E(H4;D6GF'1[I.*?/Z7V) MLC_>PGCS\!BF?Y07&69K?8>S0[W+:0:_;*4N#-8D9X1VAZPRRV#D])4537!4 M$."2H"HJ>%6FV?=+U22]C#FCUT8,;!?Y8QO<4B%[Z7L,4_R&\A\@RK5U]M[GZ M>E9,X%Z9.AE MX&KO4S%M.^3H)"PM/[=]'[`7MW'GH-9YFV$5NKP]\"7-N`/Z&3GL!-#R9+U@ M=S:"`>3C3/U'LY;N8[;2]Q163\>J:=HC43=7#Y7F*\N/YH?!F[>C)PBZ MO50UFU\MW]B0737(6@8+>ZA$G*JI3?U-^"/9V@80U00NG-N/"%J9S=Y9+>:L MH8+-^I+T8\%3T:Y9&(^2:SG;NE%K-X^=70?E3P#_)AB3VO?QF*+L3+*I&2W7 M+$V"L]#XV!WOTXN;G5)R46]](+23BR4^S22W&L?_S<(^'1S+UQ\]L#DF1/$S M_!X`!U+=R9/J*H:';SAO2V76RZFJNAI*]:$Y9=2A+'$0+%\@=((V-?,U>C[0 M"/VDGD5E7APFQ;'N/:!]OTE->"03.K>.8[_:3JG.VJLM1H+Z8Q MV;6@-CK7-?L_L"F19M,-HDSM"R[:#B-Z^51K0`VC^A&=FG@"=N?>[(-M M:LYKZ?O`*/*C#DYQS7QF2-4]^]6*E\L6NV^\]@,W/0.VHC#`,9YYT`S%.N?" M6NEB"6-YZ$D?;J/S81N"`[=R%=SZEM2^8ULBN7YFE=45\:H'38-555GB*E@> M3]H)VMA,>-ISS49]2]2SB&\.U$ZCGOFO+%R:;\MCBGI@&Y_[FA@TLXIKUM-. MJNX9KRQ;6&V[TXKUH#8[VS7ZK\UUPFQJWGOZ#/-:ABU]`4!]/>5U$.RXJO\`:8760;S[.8TZ;2W MUA<[Q(!`CN-B(C;S:O?4]I:.W5N]'%+H]B/9H1PEP2:%`2VM,"L]`R4T9Y^W M@?4]V>2[:R\\=[FV>[7$(X81#X4#4"?[>:/KLOQ7F#\DV\OX&68Y>2`<>Y[Z M$D6V=BD;4<A&D:P2T(<[!! M+?&1]3U\2K(HIP;W?#6;MP5SJB'I45=RY!Q`79+RN)CK6AY`U097MS5LZ3,H M_B8T"[=_&2U&3SN?&D;NN!C><5G;;=S:`1LQ:JU=E]3*0!(CN_44Y>$.1/B9 M!CZ6?2!6L&DS5^O68'0U?.OH5(YYS)*4'.RJL/1]NU?F_W@/ZJ[3G M-_0QM9C!46C9,(U=%8@78W=TQ!!T(^9R`,2P%UC\Z9&TP$?;CU&,;/"GZ!FB MKG.$+D++=&JX+S:;_>-^AY.K73PF:1[]AYQ_G:_7#LU=-]=!:7Y`'M405_OK8[FKH?N$&CV^S]V-H6OQB*PF8TE;H9LVH6T@@HJ60B=BM7B%7Z-L`W<(`TSVV;F#W`U? MF\WLZE:.FQS"E.SLKC)?SNS>8AZ"KMMT#O0?U(-;SL!1$=4Y*"W\VLSQ\@@&];F,Z#"$HBX!Z&=%+C0P?F>W. M[(@L;+E%VUD+WPG%XVCW50,F_.Q4E+Q7RP#&."F9KMR.R,EF\'9G)9\,XLKN MJ9D%OI%%%0.0`QD?YCH\LW*^6KL+PU&^+3!T M!%@R2=L?-+8:V)MP MW+EC>1HD?F$,;4%P`PL.JA#%R,F"O`=S'[(\>L31F?Q1GI_A]_SF&]P]PU^3 M.'_(B"_,G+A98<>2RJ%U!"K]4=@+\7KM/M+6(:[V^4D]YJ!JL]CV!EW;WO4X MZ7K+`#<-:-N`-FZ!@K,LQE^W@C?OZJCKI5C76CZ'ZI#7R(:"#N0U10\[;CR< M`:0B"V/*^]\P3#^B\IBR\[:5G6JE+3L<35E[)%:@I%7KZ(L[,[MC'56*:?&L M>XI5P6R+FP2XS1'UE.GXY74I:O-`1T'S]+#"L3R\3JV@IHZ(E*)^)7JKV2FV M4&U5.L%EZSYEQ:MU?IMRVN[T-A"S.KN^665$0T"HR?QRIH(.QU7&=HE5*2-N MG7QQRX\Y%(IIN[-;PZILTD1MCJBG1IQ=NQ15O;.+FB^]*;OO]ZL5="K.[A'J M5Z*W)IQ=N]16N;.+6B]<*LM3.:F4AQ5 M';MD5J2/M'F\GV_Y37:E] MR7LJZ40O-I2I1=`I^+_'D%D=X*59E?R6 M$'(R/Q4JW]^XZM@JKRIE1(V3K_VJ=WKK4MKN]AZ@*ILUOR7C*:@1A]NW>$AG9AU$["KXZ#X M`=%K(YB3J_N3,>TLF^)/<]?WM"S>)L2C8O<2M0>UJ1W9;@A:Z<2R[VF*38TU MVVE1GPZ)W6]>=8,VLE_8V7U%(S$*'9($7SX^A5&*F?[N(4SO(4ZQ/U^:>-.B MT;,<$_E$:KX:T%)K[BWM#LQB0*][VAR&4'_B`AP*@:(4'W&+=URJ%,-K?=DL MC[J2X^8`ZI*,Q\6HF7%NGY?,^@M;P\")`>P:SKO279"GO>@M] M')1!)D=9M6/2?-I"H%7'L_T]>Q7BZ=8?!1@'4KT*[%,-@:H]6NMZ\_'T3=5K MR3+RLNI2K0WTV99V^]G\PHRM)PU$1\_$=&5_E7E/>1!1\:Z0UYHPRY""*'U# MB4].9L4H'_?QEW:?`'!X9KE60G1A,?AMM81VC,;4QIY?=Q7R$(O= M!V7#X(WL`0[":'\87./&H.8'Z<;8&#S*&-]7@T2RV.LVL$!G9ZUP-G@&&$%M M*W!#?N)\=0D?ZE[=W:0PS/;IR]<\V?Q!/9"UI\__[>Q5CJ/LPE3O,W76F"_G M=MO5(>BZ/8"!_@,:+H#\UK($($7$G%7J^[9U65L_ZMS&9@`@QUTA"8\?YNBO MO%QY]AI))M_YPNX;Z_+" M&7!PE``-Z'^"L"H)[I(49`_8ET^K2IQ'I`H(IV?_9++ZU]R`$6_37SNK\\5L MM5K:?;5.E8C:MW/4X`SHK'N:,#88Q'!PIE*Z!H!H3Q%A0-@5I+Q9(-X,8`:4WXR$V&DGHV M>2>NI\V]8IEF%]YB9OF]"R7RF=EQ5H#T2%]OTG`+^[7VP_G&0HBE M,C$[=I^*\8AA9%G#`:C#G'/3G,DK6&H,6C3D#PG)6>,[4WW+L_?PB&'`D+-B M"52L#7B^ORZ+;AO/V^PZLT=I]^$0IR2FK#L'IHKU8D[YT0Y9F='J+8SA791? MW>ZB>Y(V(+N,/WS?0!R+\3&,TG^$NSVJ<8W@T_PDC:U1?V'BYH8ZR`KWD?4- M8NO^LK+NO*4WE9M5ZL4V>FZD%OOI>5*5EJYH'M3:!U$,:`^X,.X#D$[P?^%N MRH1=2D^;E"N$_E.H'\"J])]:J>H.3U*6QSQJE=O\*9=B"8ZLRS5R,'!>=%PI M`]^B_`%@F]%KHM],#7E+RU\X M$!/(X$S/CNIX#J_J:9R6N;BD>\*U5HGZ)DF6AL@:S>[4-X(2F9[8.+`=*=-[ M-!W%M8F)3%U_+14JS&M.L+`ND;#)[`O<)/,?3&&T`'%K`KF#1!B"-J)S0Q)BG M>V:;D!+VS75<+9*5@]TG'+*BF9[]1$`.*2-R+_,'>*R0PMJ79?M'\DFSWS*X M;4;*+O0E8V=$H4R[.$5MT:;^%CQ_-IDIC$42@U,6`YQCK3A4`+B&ROF(C2:Z MYQ^+-*)O?NEM@;CUZU>A$J4HINBGF$:WL.ZJJA2B>1= MN-N0? MNYQ-YH*8&EG'FYK$`!]4]*IE\KI)0-4J0,V"LMUJ\P.W#$ZGN+'5F>GEB->J MS\V7*E3U01YJ0*R9ZL0I+"V[4LN]C*$>>H!^0-52L(VRS2[)]BF9B_$J+:PI M^QXK>YZ`+43.P2-.;H)S+3P59W-/Y&PNC+>_H#\F)&$]?'S:)2\0@MO"#M`R MN-WR+\GAO`X'^L?(>I0_;1#B,Q#%F]U^B^^.$R@(`09)DCZD2-#LC/P/+H:S MK^!_H(J/&%1Y"DA_."/MXUBE#78O=DE\_P:+05O!XJ8PWZV)&]?T'8S.L#ZHT@`_6^,E"=WHBH6K][ M0#+#[#)FC'EQ]=TJ$@.E2LDM_*L>;(H*96R`(H#M2R*(^GG=- MA/6)T4[S;M=T]*]G1N5JD&S=3.4E$2')#,^5(AB[]%!!K%L%YSI-_D4\YF98 M7W._=69TLF.&IESE9`:E1_$XFO6\R:1J$1=OA$F0%V.G"I;MM`;#:Y@.!2AI M:E*R(>9Z)@'%&/*IT4%S\IN(QM^7Y[E1VG3EE,C<5\@$;#GD% MM=H*)SYN?FF>[6Q7KYYYC;4MO!TWGTJ$$*]0AN$5MJL]`"][2FXK.,$EB;B9B@7.D&'BSO[[' MKW*^8>2)YEG&)I7HF5'Z6R!APJ]#)TI1#,\>3*".MR:2QZ, M03B-"8/6`+2*V@F#A2?Z)PQK5*)_PNAI@6S2DAG=(>.&=[I/ M1AH`J(7J0GBLZ]D-0>;IWR^;C!+V[YUQM$@\<[MSC!EODD>(.O@2YO#X^*GI+/DF;JSR0U.E@TH&I:F((LUZGN6/;*@0 MS]R\*(SQ2!^K5@!MAN@E;@BD[]'_9'FT0;/]1_3WZ+Z%B@N-[[#*H5.EHJJ& MIJFE@BU[2V\JVS12$IJ;4V5@'JEIH9RWI*6:JIZ!LC7B]1;M*9Q<)4FJ>7Z= MLO[VS+)B+9/ET53NQ,F):'BNE0)[O"\+T;<)=T19\>;LT;1[G2;/4<8]V5[A MR[JT&82E?$:R<2ESYJU9LV"PM"BG18*82U5AJD[&W^[@72XY=$];/&`"4K@D M+RI>/5\J/??P48,I"X1M?&YF;V"I3R[\H]&W^]X6IR3LI);+NL`'RQIZLZ0/ ML(W=#<>&I3J-[[=\_<$GB!$GA0O2D2M"*7[UA/R1'.?GJ!C^$VWNYS,<8,%' M[I.X6!J:A,-CB\9IR^<^(G#;-GDKO=G:E".X,.Z2XHP-+/R98WE*.DY)=#LE M?'""QAV&VLL3)<,+LZZ7V4Q^B8W4;OHF;"W@R1-]!,LC0[EE,>6?\`*SA^DL M+HJ-1&^X*6P-^/0+V'U]FU<4(ZX*)ZC@8YK\!\9@2ZN]J9*0U1*6E8\7@I\B MZK/P4?WO811_2K+L*OX:XGT>XA+1(()S9S:?MVV8J-G"[.E93@OX1"JIWU?+ M]U=V;RH.@]?MI`PB"'`)\!,N\S/.4(>+'7QPD5P?3-_9G;\^[KH-_Z2O&K$E M=@=.LL!G(/":$CB&]_A!-3$+S0`E^`D7^AGL$OPP6PRR@LE)M8X,!=A,.BH7 MH.?.8N&3IR76.NA[U)>"?9$>V$<;(%6YA>?ZEK\VTPZ8PTM(\G`GL:%QVG5P M@QLLTI(>J`:K+8NHW+*(>;+V=J9V3VK]P/7/:/W M]E[L#I=_%CU:_U_[,$7N].[E8Q2'\28*=Y?Q79(^ML=FK68F7O_BP*3J&%UN M&)J'YUSM>9YK]Y:SE%SF`EWXP1WM15?5054?U!I0&,\BQ#;-42Q34;JC'1.Q MMLA!A+T;X')":=]%D8+'HW!\VO4A3&/DCF77,/WZ$*;P;9A%F_.5M]:7N:>U M2SGE8)2BG'#:BSO+Q7JU0(["RK<\YID)OY%]018D`?DC@$51@)8`(,.%53)5 MBV]EG*D-UZB]^-*=K>CHVKT.8$"OV\T9AA"417!>#D`*G0%23(Z?[Z/=/H=; M]&U7^O:B.SI5R]%.2;I86E9`9F!.A]GNA/%,^$TSM0U$*U>+@IQ[T&F29==I MY5@I[3[[=NW5M<(W,W"T=!^1O:(SP'Q70 M2<_IFU8Z-4_7:J7\]C-]F0?80,AQ6UC0DNO,#?B6!ZGQ":+;('.A"8K25?Z-%W!47GHGEYD+1[JXI3$B.N+Q^FXP30#14I3A)%SS2*!O\9IFD8YR]5 MNXU]?)W[7+QP5)UD"`O?/#ED;N5NTIJ];42-TI(2^I M-!\0VJU1/1?9&9M"5M+U[;[6*"R3D=E(%%W+8SK-V>D+S&#Z++EL*1KY%3[> MPO3)V00PO;1H1=&RI"C*@=]I M2U>BN2&T1H7.UV8%A%8">HW.TL1CQC497E"M;X3!U< MH1[5\^F@VAV=QRC!*"O2=BP517<515,IBN+';HE2X8>+OH5H4'$2UZ+S[&VX MPW\Z=_RYIV][D@F#',=%Q2RYSEA_/7/L]H.YY-#M/_"`":K"X%":Y&$JR^.( M#5)#JP(XLQ]#`PYR\JG`PI_-7X4.E(*P*\$3>=/G:QZFN=@4P`4L*/X;A/C9 MK?LHQL=4]($Z#$.O$C@_B!(XXDI@^5N-?(+P*L&'6/`*(Q>LN@J@'O60_]U# MF-[#[4V"7^@ZY.@A))F/Y!)U8-*I&^S#P*8JG>VAV=[NY`Q2: M]0G>A[LJ`U"9S$VE"=1,MC M1GE%&9?:#3SM]+ZHTYM:>5Q),\&9CL'L9'CS:(RQB>)$9SYEV]TFC*GC,FYD M-A'^-&G6A`C?S(W%V(1+O\3B51"^)@P#X57DS>(&%NAA\U>8YSN(]9:0PFW+ M&"-`YUJS.@G=CYZ-T?4V\%B[4]X*:A-F7$^E!1&#Z:[5TLYV!>[*F'3G=5EJ MC12SJ3MES[Q='#O;3;)'.O4^RC:[)-NG\%,4P\LJ0FE>3:#/X'&8J*PT.>6S1H#HH3NTA53D5IS@[)KM2QKZZ\E:^B,11K3R=1Q#!!?96F;^_J8-NTEN\QAT6I-$6MB]1<@LP]B& M_`B-1HY?I5]A^AQM:!"!._/T95MMZU$)EP=D..'O<6F<`MKN@Y4^V(9L<%O? M)2=I=$GQ>R846-+[&76:6%-4[#*EC7%=6_[&?A7:P)`$^>EPCK[0^$:C*I2C:GW/6"G2 M\T_U4UV[8_\42VJY+I_`%7')2:-O;G&KH&Q6XEB>7Z#L,LOV<(N<3ZL4O8!E M6K,[1T-GL6P:WXCSH998GFS]`^"U,MQF(1'0N2N$&T;*(2'>6B[6^*>VH+TGM M&,!=4?ZXW')F^9-]K7BU3Q,MG0;E'P7CW#L^D!X+K9]835MZ7(YHIN5;".V( MS=B\UKZ#STG\!CX^[9(7",&V*),),N[P/*KD&J6(ZO,7^KVU MW6ME/D'8R2R97Y@'U0FM$9<<$SQFRB!L%8V;68.':]/]LK7=NY9</J:(!]9Y*N1+L<(_D2K6#ZG(FB M@A$VR[@3H]&9V:$XJD^G/-^Q^SR74Y*178H.6$V?8FF$S1).Q6AD9G4KCJK[ M=*3MOM+%)\B8CD4[I$`;>Q',$RJT74_DHN]1DWKX.X1ZB,#']?$@S_Q)$KA= MD+'YC'#50SH%V;S;SBC*VE]&!J^EFN&8X+>-G MC$=I9D_CJ'XQ'5K^D@6?)*/Z&NV8`ETH##)_7) MK#C)K>0.049R-MK1]#D;90TSI)9Q-D9D-;.S<=Q`,1/.)KF]W"G*R,Y&%ZZF ML[$PPVD)9V-$2K,Z&\?UZ70XLSO9(J@X466[1_)U\IPWKM-#K?O\2T>&&^_ MA#F^4+>8MSU)JNABJF[\GP#.`N`>D3U#H]`V6WH.P7X(ZMM5=:4C_\::\:PVO.7BT\=^G: M[7B8&P0C&T3&Q`DJF_(2P1UG4B$"X788Y2T/RAN8/B*?>.G--'L_6H`K,".F M!O3(?FCJU%MX$[`;6H4WXN'HE,"(:X,[M,_XZ'-E?E#CT^Z\:.G4)U/<8OV# MFI^#^.8<%KV"!)6QV$7/,+-@_?./!.=9P:].EBZZH^\%-`,26+@&&AQBK:N@ MT][14M_NLT>#HS#)G9M648PX.(>>;=F]Z5*MZ>S?3-9ZF=G#.>F=K/CM#C["-V9P*@N^Z=E\G-CT4DW>9CN49P7,Z`P4$VVW<-#VIB=HX\WY5 M"8$-&\+X*"&1N MMOL*HO&Q>"7>U[%4+-Z74R.B8I&GKK^!_FAM%#@:I]G>1AO<=*!,`?OX89D<0(+YXRD=;+. M7OT31O&\T3>+Q`G"$-_?Y?$>1IN\GVXPU=3,[+"M/`^@PY9 M;36Q:CZ;?E,KA--W+<]0:N5X3==5%A?:H,]<`]GB-5=`00TI2>]AZL:^7I,Q M-2?Z3U-_^MWLM/4+WW$L?]?$S@%[!8ZVA/@6>]P%G(OM-J*T?1]EFUV2[=%8 M7]QF1)QS=^59N(_,`GTD*RDVJM(VCZE;QU^^UAU='OFM]3\YA%#A3U8>XZ%# M4.L1_%[V:2KW-I?NV!4I^5HLDKJ02*9N<93<%#)0:A\`NX,?>40)2A?IC0T' M-5=E:A:8;J(LO-W!*OADL9A;Z]DT\(YK.UB&3Y7!:.D+S7BO-%9Z2&;;794N MX$K=DUHGAD,(A^EOV7;3Y,R'PFV?SL[(Q/2C&9!2:/NW7X9$"&J_6+J'4D-X MLD%4_`*OTVA#'XF8AMGH$\,:8\([UAI,3"\$0N!7>L=><"BF:(Y8!'N-1LKV ME=$KLE$Z5U']"/SES#M?S%:K]>)/0]48D`FMO]BETK M])FV5LMFZ?$05[97WRF=HRNQT6[)9; ML*[`3_J6HN97YLQ*I,"JC?X)I)^SE$'C+:9P2VB<43&R*!U%-(.[;-UW>B9D M+C4>B?YI+[F_P9@&$R^`_`FD9!II6,RZA>,(.9WC5)A=QM=DG!D67?/VK$PZ M%ZX<^*Q8OLJ-I^(U+`^8A8\^WP1>,Q]G5"9R^"`@FOP1Q.D)!,S`90PH#)L/ M(H14U>1QQ`]A^[0=37"@<>9$&U[KZ\4JQF5B1Q5"0OYI"KDTU__3$NH9S_$, MH4]5X77?:)09EDG<]@E.,+F25HO`_IVAO(VX)X7-/# M-H2J;$MK;_YR\;I-1X_4MJ\0NZ$KW>FO=0.BTO6QR)98F79A6K9$N9_2UAL^ M9'Q)^!D]`@3O0C3".PO<"#8'W#.UK2V"T#I;(#*F&HT%VUZG^TJS M2ZL8EPDZ+\S"*=S5J3LW=N_KR"FMB9V='\T0FO":6-?Y[I^6L'-@INIYL8LX MDF]&$!TM)Q9K:W=WCL&.:W<&!TZ513GMR%_.7W>ZS7:!;7>&6E$KW<2A/1SV M;\[`9YCC-W]K=L<.XV'E=LX4C(=R=^2D(Y)7Y'7OWW1(/`D'HAU[0/X\KF/` M\I358CX5Y;=\22,_]'K,!P.2Y=);S7!*D/7L1W)2N$=F@N:(5\:)F:T)+'A> MJ]G2O&1B>8%TZ2PH;W\DYXAW8*:U!..43O-23=MV].WP>-UVC%?MZLM0<%+7 MW9HYV4IMBP?JWIX>&?&X-^DTC;FJFW5*X.$=S=D$+JW8,DY&[*HEP@:'GH:/ M_5J,;.N]/::X[N[[S,!P`@BU-H#][LN?AE?#H-MD>8M+$\X$8BKL&2FC=VBL M$9O-W7W;X^[^:8E/C0)S@,:?AEC]F-MDA^FAOC.!@`YK!LK)[%GI":T_E<@KI8=`,888"L] M3R76P/0NP)]FN#'P=MGA8JFWF$#V#)O&:H*[`4H$_],JZS`.AG<$_C3*I^-N METVF:[\IW,:W:*BFMC.@0FB9RR!JI.B-I>C50+1K1BD">T`R$FJQ$M/XJ;J:U-+9Y&SDD2W#RKLQ;>!_%Q!U*[L`+#%-[;(2^)[)^#!NA_*W3 M#FYYE%L3.#W0*3NOC1CM_=(A24XM!`)JG6VP\E+T=$R#\HO-+7WY2]^G=U@G M<.-.H^BV7TX>P*_T^G&MKS-`>QO-I'Q)=KN/28I_/'=77EM*7^O,2@VS-;:E M=QPUV)=Z?SB9V9S.6Q.X6J9;_@E9FDXA=)D;\#ON$A1]_M]661TK$U--T.HH MSS+5WI]/_>4UI>SB![0[C1$PMYVJ719J@`SGJZQ!.]G;+>]B7:?1AF0FHNFA MK=\_[1/#&B/".]8:[$HO!))G\8=Q;)B&8IH[L2RBV;LQRZ@FMF_7OB:3I'-K MMQ\"FBP]NCGPRM];$AR1*6X#<\AGX^8PF\[8OK?SBLR3SNV??@3^$=E:OM7G/(%9?DW$[=D4_;A7H,E&\NQJV-Q?'=!<_D[K_LE M!^FQ>27N7J>`HWE^MAPF#F>2]^;KUL@&+6]T\B"SU00RC:%^Z]?UB$FQ#S.! M>QXC#!P9@YL'"+Z5MBDL;-,]KO9FBVW3';9-S[@F/H!("LN6U"Q;%(,<-9+" MIR3-\1_HB0L(,[`)=YO]+L1-(_\P?'K:O>`"N/@VRC:[!-M.VB9FW@;_^`CS MAV2;[)+[E_-)F$/G3W.H%G,#!:Z\>S?XT M1@H'<21CY+GSXB+I!/)HCS0LKR)";5!,'=%JM\.2W')+TIW.`PE$)GB-IPIF M);(FOXK$)]"0484=C;?P)F#7QAD5(QMKHXAF\!BA._?4A,REQKL'?]I+[F\P MHL%T9CC`P)]/8)]NM($Q[0V.)6C='S2['F7`^BFZ@Q>W&?G/<]]9K%:FCD0Y MP8V[*)4?257+4EXD.,[)G8`9&F%(;#\0%91+_C"TYK0Q^FD8!_B]1&(X[$-8 M.9E3@_YIYEA'1232ZUEK+_*^_ILHYUK MWA_$-JI?]_)"(5>Q)YXL4M>83&.U*RB=S).Y,G![GPQJJ,G:8AO%+LG(YDEJ MR)59)AX4RZ6WI*E/IQ#%,55_D#3&\>PKCX[\])_`PS!*]WP/SY?.DJ M"V73@G%DDZ=J7)59/S%`^!G/Q2L_+Y4;&>OMH)1X3-%N&6/N#PP$8"35GRHL MK\LJJKD`_Z=9[!G8<>TB@D(49.+ID'2/#>\=!'W7XS5+&J#R;_Y!+5E;JJ,P M!^_A!N)GY\#".0/8&'":M#S9_'&997NX?;]/49O4G21"9>3'D^/F+5I*>0M7 MW^8:-R!)TZ-B`"JK(=#8PGCS M\!BF?[Q/<-CYN3-;S[1IX5#O7JLF+[U&&/_["(+&/>U=-["'9NHE]4A-]#[L76(P2F"=V M&XP!8N."LK1&1A__`:V3T.=>NVMSE*[UK)C.O3)U4KE>:[[R[7Y*D0&]<0HW M(+30]PP<2FE@KI9E\\C,;:R$^VKY.))H97G.;S8!C*QHF:`$AS_BC&6;?98G MCZA//@*_#Y^C;8;<[E_)IM*Y[[@.WE1EJ3MKT?,B-V+"C8!=).4"45`2P%4#-!RH"PH:)T9OSJ3RS@^.9ON M9&_%TDNR.^R75013KB8C'LK5OV:_&"4JBU,Z/D\;#FMOO<(9L_OJ#*,$1IQ9 M-BR*"?HI>LK@2^U3S]N.+UL)>515CH!#*$K"'9?#(^+8?:[8#ECWK-S::U#\ M52U1F*98_4QI3J%'!0O[[M@=%=4%V=04V=%_01SAI73')V.9\_03IS&G'96C M5M>Q^VRL`[&1.:N];UG&'*UT,W(^O'!6(#[.C>^_PGMRCP`Y0VO/ MUT?6KGXER%6 M=M9!Q1?KM>7+6`;T1MS-81PUUB85:S,AUGX-=S`KSE7^GB3;[#/,B^6#NW0U MOH[7V:\<;7GDJ:Y.=-=QD*]O]Q'),'C=-G8004!*@.KTCA0Z`ZB8X-+IZ^8! M;O<[Y([N"YZRWTW6%0`%!2#72,4*4O"AIW M/-_V9'CJI-2N@&XIFL#WCD[6G6?X;U5#E<,$?B=M\6HSK?UWF-RG MX=-#M`EWQ8K"]5?Z7/S.;B4UCUV:2I\ZJZ`5E>7A)(/8M7-_`$!0%$#33JV( MX'+T*V9\]C79YP^U/=8V+ZD]U<1I=4FJ,:"I.-8H2[8Q+3?!G:"ULZJKYX#^ M`LA/HNY+]W=C.FDR1Z/FB5.C<'F$8O=>;A]L4R=//1B4L`K!@J>FD.P=NVM/ MXT*NJUM)4K)+<[@!WU7%\5!K%K-W@#`(+CV5/@V.&WKZ@I;_#B>`8W MY_?),QK6?9RG+Y2(Q7^<-S4[\HSM?N';[YS641C8O#_T%O\51 M#M&GJQ*XVU/'A&MISRYQVCO\0\#V>9&)Y^_+A\6F7O,#T8Y+2!SNW>%__8Y2A.?2_89B> M>_/UDCE.2+H[.>KJD+:TI1>/V&(G=YMZBX_A%MZ^Y`\0%@WG.`CT"76\)3EV M<$1HV4]R=T?Z><']X/Q4.)IW,5NM+#_.URNX$8NO583@)LF1OWG4-L@3@.H# MW!J@S9'_KAK$>Y>T28#;U*34Y_YJH2\_`3,,0TK=E+:ZT,G6;0=K]:.9;H&Y"7<^*[Z5W9MI@A+I7I>*P0J* M:J"H!W#%,W!4%9]VE95'Q9)^=\OS#:B6U1K58P3< MJI0G.OGVH)/XX4A0M0NN[@!M&?RW/O=OF,)LN5Q>C<:VY(M1PPJ/LL+N,"SE MLIHZE5(-/*#K09)3ZTA?\9(03Z1XJ5:N"GF7RROP>M;5+LGT*/QUR?K@S MD^NX%@BJ=9A)RFXM;:V.5Q(S^I'MONTL),](Z[9A9.TSX:&>1.X3/MX86L6- MK!T,;F=;=7SB0;^8O1OR@M*8=QV'(!E5B0]9'CV&.=Q^W..'?\M?:.KU[.(V MR]-PDY]W)`K2I25LJ%0KCNA8=.L28XONW/(@?$G)S.L8#[R.'9(/WY_@!C^T M0YLX_%HT]FX:=4TY-Y-0C49G$#&%O'#2Y-S"#EE&\DY MY$,95,7!'57(VT(AGXH:X"Y)P99V\Z;Z$74D?0)P@K1<,1XM)"_C=_LT13AJ M*T=_M1@*^]&HFJPP->NJ^&@Q*R]S%V3MX1!':VYW&AEM,MNA[(+H@U^C.'K< M/YYLO6#%QXH^MIZ/XQU/5<_Y_6?F+I`;4'#&[K!H31*/[F\+P>[RPZMYOW#$ MJU.1X_.2*`9%^RI/1]@$^PR_'S%GVHQ4 M8"&MP<6&7>MVPL?H&1X@93\RTE@VTI?4CA5*)5KL:*QZM%CL1[U MT%DI24>8M"7@2FR5/\/Z;)V!0],CZ[VIN?LUZ#W+_"W6`][EG4]NGUU.UK'F M<"G4`6+\"KQ!,_;'+*XMDV4)RJBR=8^$H))5#;JVYZR3$\RRR?`8G?`D M2(*T<#MFU<^&.<\.]9.=XZH&B2V=6A@RGV@VSFFG(/%<2S=JYK`82SV6>=F6Z07J#_:&9OC?01%$95Z>.L9#0)]JBZTPOXH=',@LG MM!H\N1F--&18"VV9TVS00A6S&FV1F-6II2#AE,W6>>T()9[8EOI5ZEN"2#0W M&O+*@,F\.K6-@XPRH?9<9_6J3L6/Y;)Q.BO!24YFWQ*C>F?-1#:RWBF9Q%![ MQ("^NFW^NF363F`'C'CZ\$.W0Q.(U.7>A[[F)SF[5:U2' M-'U:4U1!1M*C:?XFY_AUR##:E-2&1I+L0N\9#A/$V.1BA.Y,DT3Q6N=B07-$ MSZ>V8=XJP1C&O@G##H[?A.D]S"]VA%_HVUU#)%NO.G6Y<(S-N,Z\R#8U MB>`$$:D,N70"T*H9JEZW\.^.JX.ROA)%>H>67%_@)KF/H__`+?)O]%^,ZH>@ M17&&I!Q0F)/J:$T[B2TP)C%&4HDV+'TZ@,N#0P6=W#?IBXW'?5;?ZZ0Z=JBG MD4N*49`QO:MV2,%Q-C?D2Q4/YE1)G3-UCE29HPJ?S>"M-_3=TI=Z(?J@#XX@ MT7X`(HA-B]8(C\N`.K&V2YY5*CSL282X*1)T3'44@QP<%6\^5GRJO./IKDFG M;DJZR^H&LK;K.KY/V3&)/3XE8H[D1HI@[7,SJXRJQTI]5)(VR:?!57)'/.5_ M3-*6`S/REF+;Y:?6ER,9&I33+3'$I0:QU":;2/2K+.Q.1"X@C6Y]X(=42S!* M%E/XU=36`UF-S&9Z%-4N:C>VW..D_-""FP<(0OH$ M:0J?4!_DZ1O\J&B>Y.$.>6>(^;!2A.)!TDWR^!3&+_4G6%WJ("`-$96+?RXCG)*(^)W\IN/WB18YQW2F10^P#B+GN%E MC%0(?DJR[!K_`;E=\9:4.H[H.0KWW/YKG^7XKY]A?G5W$WX_=Q;SQ5+;0D43 M:CF],S>4I:YJZW'N61XTK5ERW1Z?7O@!C<`[:A_0#L!/N(N?ST#1"V/`'CZW M*CO#:3;)H^"H0\MLS>I/6Z-\*#7;FM7YPG,)J)>AVXY M@M*J[*+P-MJA3W@&8FHLD*L"TQ2'DX3?>8^[BU9I*/*1H_0K?+S%";MUIDT; MZEU.D?EE*Q5RL*:S\(JK<`N[U8M3$MV3,Q^)90OK$V'?XR^!Y.\6GLONS!*XJ152DGJ.!CFOP'QNW+4$'B?]T\P.U^!Z_N M^B\=WH2W.WCN>@M]R8VXH,BIA*34I7[P-8,^YMPMMMOLCA*4DLN(YL@@#,K* MV$]JOU95:P'\3MHPHE9:_"GKU:KA:7%^7,_WBH,:NR,+9<32[8-)8#.A3DU0 M%YM\'Z91N/M[&,5X/84C$DPF=6@`4'V3BD'"[@M4SHCO)9=.*L(W]@<8ZF\\%S?M?NTC$<,0UM6')""`\^1<9=^ M^JGXY]7M+KHG9][H\_LF,RDT`*@F.(.$W01O5G8G$DS.((1YB]Z!I,.BE_]U M**Z/[<[LU=/]("(/W['9F=S-[VXQV#G_!)&E+]!,(< MW,+[*(ZC^!X[^2\PE'X@HH</G_(=[J93\V_^WLA_%6 M,>^SZS#:XOSH(S@XI&]-9.^0:Y#FM)[K+"?*[SK^T9R9&HA^/R8#N*06*AM: MC!JG,L,2]*@>,2AVQW0Q2C#:PK,-35`Q^$D!@R_C'")H.0X*/??7CLEW!NI] MJV9POUS=##ZJYRZV>M.`W;XR;(#J,<5F07"G10F5#QM@XE1F,\5$]8CRF MMOO=*L%HQK@-35`Q>*.`P5]A^AQM8/&AC;[Y4NM:-7][I>JF;[V:NYA&4J%> M^.;M<`-#AQDNRBFQPFU?VY`1-LQA!A-`U@)%H#"@%;5KB*%\OM9H"$,NW\XVYH[CS.R.&A:0AEU+E.;Q'<(5 M%&J15FJ!HX9!J$0M6G?,#*F"\9U`!LHW=Z[LCDQDE&`D:K=A4;L/^#&,TG^$ MNSV\NJO;N+71@,)6$*H9S2AI-[7;&W`7SM26J'V"F/=T>M!TN#FX!B!5\-&D M0A^GGR*FHE,LT`:6*)7V%HB1FIIGTR_*J-$JO=`"H@G/I2;4W!HM@2L#G#$4 MO&*#>C`$L?1\N- M.Z@A*5^5;]L$7:VUOYC#A$2U+O'(W*U!/:VX\]74ED>#TIB?IH8@=4Q.934] M1R0,W#E$%?Y`"G,06D1C7`\G,5@[4SM29)*(07/65'-B>(\S2/C@= MTPC.2EG6J7Y2$40U0)/U#Z02:V&5(+[QU&:+`5DXUB(X8;FJ6:(?58#UX*G4 M@ZS`M3N\8J*RSW$NY&Y6ZA)/J@IO7WJ+9\ MF&B6[1_))\Y^R^#V7;C;['=A'L7W1:'#S7.<&@T_N?(%#0JBIV?R/K@@3.4[ M]ZI&JV9' M-C(LSZS^V#9&[2JDO]?"XYW:E4(-\MN_4F&4Y!!DLD,%W^38+F@)-^&`CA=7 M5W?X]3H89^0OE_$FA6$&<1BMI?N4W:!'-"(\(ZG$?O1TZ#J32R&K4G"K5SM# MZ%7M=N)^\*V$>D^@[,HN"V/?7NA4+8Q:#Z6GP[DS6_V@-J84W7Z_9%B(H+02 MF[J5B(I2&AV1]G"KD[U_U^A33Q)8S1D%D7$3L04,_;CSV>3N(\K+:Y-OP0I: MQ*7H#/PU=H[*0?71'8B)F@@I=X&AG[GCS*:7_$N%Q-8Y!^S831VQMB/J_U;&P*2F^_(S$D@F*W8J0-"V&5L=3IF+09TN"0 M]"Z"T83WVMHZP#^!PV_@=_JK])/H_X31_4,.MQ?/,`WO M(3EBO-@17F!%PJ^GF$Q7,@!']93#+7WW/#+4E+MPIA84S":2><>3"5=_HO=# M[A)0JVE*F0RY>I8J$X-3-M34W/'6CO_*U*D4:B3WB1%>0+4F%-6:#__>H\_4 M="+\E:=MGFGO4X[_K'*4).\HOUPM[0XG[\6MV_;W=1[0'^6=HH$OJ<58C\#( MAMGM*(^CRRQ/&36`W(@![<=0DC.3]]A[5ER:_`BCJ\8C6O9A^-^[VQT=7GO] M:&;\VBG*BH0N+!70]-2=^+B/MQ!G=,_W&4TRC1S`A04SA`T[B M]`POXTWR"-_"NR2%-^'W;\OU[J7'I>PN,HUW\Q:>77%E$0@,Z MI@XM27@6/M(P`&5IEB](@]DA$\MEW(4()W>IY7FI$]$QF?I,`63E>JMC%'MS MI$MWYSK^Y(*%E8D]PDF_*NS=+Q_@]NN)U*(8D"[`41^`=E)D5SL[3;=V!FY) M?P!U:)-M,37YOV[;PN(J*.B.^(Q3VUM6*?AXCH4Z(8+?XH.;`6+L?."#GS0* M=V"'*ABT#CCXH/4IBAK#_97A)X[4@1_18HB,K!+;P="QZRPFMPK1,`!6^RJL M4NCP6IJ/.XWDO'`HD7UNS&LQ3VI=&X:.R31I>QR6F2&8@KO#+LZQX_/4>.2* MV[+`%'6$.J#))]`_RK_A[!-Q!NOQDQ=Q*5]V37/:9^>^MU[J-!Z2^*3M@_+Q M*0X,9-M%?$"$L%;#%4IHYK!!$=J@K`;R\#O-SS*:2NI:;KP6E6Q;-,BV[Z=49?*-L&CG!AD4^D:TD*ZYKY%[F\(\2LG3#4>+]0P'?E== ML*S1%:[%18AKZ+VRR2DTP]MFO,?3CN7!CHHDY(@X4_D.F@C6X'.H(UA@&`G6 M_8N['*;%WHS1?$%\\$;0QO[1D5+(HZ9=9SZYG2DA$:V<9YLX.V]2<4VH(6[3 MT'S:RE13]^NGJ<40%%)[0+=2N$%=>1.BO)LCY<5GY&?D MW#RYPSM5&J/!#0>$NN4POQ- MM#X9)I2-H?_T*B%_*,=+4T(T(6_]TC\A^6VC`+@IOHQT:8%F^%YLR M9,OEGU'^4)MFBE*';++99?SA^P9F!3BZ\7IQ?Y^2MS[[:B)^&7VNVHQ4JO5R MK&_1K>N&$+F+Y=1V=(R.C/FIV*1X'=-[N5U,,(!O",31`K8L7,.!@[DHDM(; MJ`Z'*C@#;4S,G!IR2?XTISS?8FQSBM`L9NYR339GEU/+;C?2&(WD\HTC[=%F M0NE2)A8:P8]AE/XCW.UA_5>L<28SG&D6QUZSQSCZ)NQ=.Q3D/DSM4J&9(9FR MP]@CEUE/$0,!!,E)H:G8Q\EYAZ_*/AKU!UNA%-.^3Z?]J85!F1Z^\7P'$T:N!X\[]Z=V M_F!P7*;L#@X)9]8GK-!8O7?(H+B3\PU?J0$UZB5VXRG M7V27-3B8/=G=PG=)^I3@9\7:4XPZ*WWN76_7^N!40(C]IX-2XW1MTF\!7?[ M>*LN#_#;EVJR>(>ZN$=?"V87WZ/LW'&-/LC<"42UQ\;UMV(NYC<'<0A M83M0D'8Y1`M^%F@Q$<%0/%TQL?)=P8UB_O3X2A#@W.\.?\S%,H]U+J2^U M7\_YM.53F-[#=^%3.__:+I2TZDEG,W(JPH.N5([N.O@S6I[?<1B\;N]B$$%` M2J`%WY,*IX+A"[/X$^/QK^%%#`S@>LK\6QOR'09A!+^=?ST'.USLS08Q48'? MP/"MF5R&\:C8=!3ZQW%E=SS','A3[L$@D@'/@/`43?WI'S!'OSU%>;B+_D.P M3,5/^#7:=I*O+=M>JVIT-"*G&.S(2JWHJD%LB]WG@4/0=7L'`_T'Z'=5GL'@ M=V7Q"\9A7,,GZ!TVNZ^/#4$WX@\,@*#>P&.T5>4+#'YA)D]@'/(UO8#>T;/[ MA&`(NBD/8`#'P/R/F+G=3=T!2&+X\BN1X&@`YMYY^2^L,H1Z4\[>4= M9SFW>RG7#UR[H]#7>T!^!?1G.2>A_VMJ.28>@95-AZ*C/'Z_VM[GDAF0FW$G M>C$4["RL-3;)@N1LB:9XGSR&47R^6/GZK&9GMW(4Y9"F9&EW%6?ANW8?]@YB MUVU!AP`$A_L31]$WM!`G5;_`Q>?G5!ULV^CGX#_'=`?Q"TBIV?2\MD;8AJC0FZ49),+G8?RG9B-C(I=_4> M((.&UBS1!J28>Y!R3V9U__4QW.TZ%]%MKP"U+N\[FY'C&`^ZDFW==4B4FMT+ ME6'PNHW=((*`E%"UL\GPA5GV-L?C7\/:]0^@;[>G-PS>B/T;A$%W.3/"1$7[ MG`S?FFFG<+ASX#,B"6ARXR2L!AC\6?'V3#4M):)7,O;K,\#3R$F^V$CYZZ'2N;5*#+E=[L+[K M+I93-O`-24PZWHR8I`P^?D`)7L3;3XA`[6LMC3FF6"`HX3FOE"^%=X&F,2:E%$0DS:> M#5)`B@ENL+R'=Q!5VQ;;-)V+N*6O-5LT`P8YLHO*64O'PU)_L;+>20[>Y MYP$3E(6K?7)U.S.'.M3U3W=:Z&Y+V6KIV'U[E$L.4S:>!PP M;;39O<7#*XI1=X<15*488H0_6DIW>P9+?0=8/$C44%],YE/^,[6R6'MV[^0+ M2&-J7F"'=)@<3C<]U?M+7.31.DU8JC"=$P;;]\2K.+LO;`C)8W3JX$%6[I+J M72UK"=ZQ8K7<"-]A1(?6=FO'\B?E>$4Q$M##"4K0/_IP=P?0,J^:_(#5Y ME\1Y%.^C^/[J":;T!:3SE;]PM7&<'8<#@H*EWA>YJ<%V/H;V'V_V&S/!7^0-,$?_\ MM@<@S&GH"2#]&CDX`CP:>-K8S>IL=;F<3=]'')#.A@FM'R+'Q-8=T@3'T-#1YCJ+-51H[NMLE5AB MN_,T*I'/FKEP""D-D:IM0,+L#,0PQWD8R]U)O"UY2R-/..]4)X]/28RGX*N[ M,E0%]4X2VV>'8-^9KR_NG`F"G)H)2HGUB;'JTIM;?)^:3PCMFL$%YQ!=BTD> MDC)_TTER/7DS;"-Y,V\&4_7YRK%[&YU'#-V.&@>6X%`6V_6*\]@OH^7%\R.U MH_@4A;=H"L*;@W5RZ-NX8\>A10^8Y!U0AK8VT.>S>\>`6Y:1U*(34)]NU"J9 M5!"3CI`-"M),,\/1!I['[;Y3(2"-D>4#/ZYC;VEW*,CI,C6FJ\OX&>%(TA=\ MTT9_TIEFOVKN4[#(A1N! MK9WWW-H&'&\D3"/S2P]Z(Q9W&$=0_B7BW0!MM%VSXY\AOM.UT!=G/="Y8KX. M2=9)VI.*B[7ESC6;`,:-;1N*=HN+?M;#8JUW+D=E<>/FV>#P(\NQMG=WD$<$ M#B,L?L>,$4R`_EU='*[M#DKRF7[JN;X#X;8>%3.W589.NE(387E"W![4QLUK MU76G3<4;%?\(=WOZ8M;%;I=\"]$@**2F&?NJEYK#EK12]XDMM^JXQ[&9-03! M#6Y7@ZFD$:B^M];WGGI[GXHYV2%')RMI>7=F^7-KO;B-&\U:Y^UF4R#N?^!+ MFEGTZV?D\&*?EG>0HV_Y:VD#R,=9Y!]A"%3P\)H&X9>.Z\NY/W<6;9E;6U]T M'6Q.,=L8T'8RKU$733KSJ?F2G4(8MY)=2-I,)B@*5Z=@LMNFW3Q@>HC8'MHV M'R8>K.S,Z5!/S'SVB,'.7;G'BCDPCGXSRQK:9N*<;Q M!CKQ!"53=XJ8BOY1_JU('X9/?-'_TLOJ\;;()I9]>'S:)2_PZ.=S'ZWNS*V[ MI+`JUAG%X]:I7W+]N(@TT])$%?(:]Y@4@&Y?C^)_5S\43>.D3(?:Y%Y$V?P9 M*#LX*F.%B3"S$'Y])F)X"I;KAVS03>QD7HW$XTSM2K`'E9YO3FU!<0=#=E^5 M&>8U^AM)*>=[:WWYG.3QC:7,CK]!5VX06$]L)%I?2;@"\Q@^@PS!.]BLTGWX2ZK(HP^)NG[9'^; MW^UWZ+=DCY.K^)X_JF_!B5>[*9`>/PY#P-O78FWYPP3:9+;`IQ`"SN-1E!T0 M;Z+LXNP0'PCNDA24W8"R'VL,R%C>Q&LQ("*>!#>PP$JBW5LPM,6[ MUZ["JR#HB;E'W]G5ESF%"8(.^@Y*V<_FT^KN;#69N-!!,<8QP*U8>NSQZ1)$ M)_=UKP[LX'Z?#]]3G3AXDSDO8!#$M*<]#`FIP5,*-Y'UO]3C&?&9W M,EL6^"/:VB,@DE>C:LU>I_`IC+9%M`8^1L%KI87IC8@6&#H8S"1M/Y_;FD`V M93*A_DRBC&.@._'TF.NB#B@JD6-_)0O+/JH8-.86*`:CH6]K8N&Z[G02!S$* M,^(DT`,K*#4`;TPGY/4.L2#8KYL'N-WOX-5=E3?C(M[^KWVXB^Y>HOB^W"I_ M'V6;79+M4W@#O^=O4=4_SIWE>J7O*HP$,CF=43LDI1I)M>K9GOA0@72Z9R%Y MB$'9Q'&:&:R"AV:JXV-P:`C\CIL"I"W.++G]6*L\I,OY6I\3QX9!3NE$Y2S5 MB[$^\:CMGJ(X)=&M-GQP#BIR>?EF6$5$PO1\[J_TI0`>Z%Q.E;@EP]HR5,E9 M>8ZW7)(O,[=W;XQ7#.U:P`DH^/!]`S,:L)/<9JAC\HA3T09(:5WP.ZW-.>WT MQ1(5<);.6IL?-MR]'.\%Q"O=+X:J*]_NT4UV+7[:%X M8Q^,H2JQ07;'6G!(863GBQW/">&;,9KRA+]&/$GPYZFX,->78K.O8W4D'Q2I MC=Z-2BO+7Y(9!F_2:K9YVVN6&Y6(Z;`[KI,)OW%3W(7D MU`B7(?&")&9=:6DQP%:L(1MV>*CBVK/\B(U-`-WVF`E%]:C,2VT[_XO4$O&P M55-=*;F(M^6]E/<0)[(CB3('$%/?2O_^$3^A?Z8_DG]']P=@+TE_\'4$L#!!0````(`#J'6T(^ M[H0^3V$``,)P!@`4`!P`-GUZP<`KQ)!$B"1)$B['[JJ9`G(_#(3 MR$PD$O_Q/]_WUN@-N9[IV/_X21M/?AHA>^-L3?OY'S_]]O#MY.'LZNJGD><; M]M:P'!O]XR?;^>E__M__Y__Q'__7MV]G+C)\M!T]?8S.G/UKX..!7@P7D?_: M![:Y,7P\[N@!N6_F!GG?OD6_>W6=;;#!/\1_G$ZTV;?)]-MT,?I_1NN_SZ>C MD^_A%RW3_N/OY/^>#`^-,*&V]W?WV?W'3R^^__KW7W[Y\>/'V`V>D3O>./M? M\#A3;3K3?HJ^^?[D6EL_^3+YS['C/N/O31:_A'],ODHF.1CVQXQ^5UNOU[_0 MOR9?]4S6%_&@VB__[_?KA\T+VAO?3)L`MD'X5Y[Y=X]^>.V$:!S\/$O5[)>$ MU\)OD/_Z%G_M&_GHFS;]-M/&[]XV)C''#'N2GS#$HU$(LNM8Z![M1N2?O]U? M%2!,_OK+J6$1SAY>$/(]/"7]_8N+=O_X"+BWG!P\FGK/9 M227DS+%];+&8DFO3>#(MTS>1=V.X+M:X-W2.?,.T>`C;6/86GC`N0B23L7]% MMD?M[PXKD/=H/%E\A+SZ8"ISA1?:/3JQMX0\%[U@"K&TPD^YM,@T-B88=0^^ ML_GCQ;&V>$V_^#,P_0\NFCPDE:)S9Q,0@C!*%UB5_(\K>^>X>RI)#GJV!C(U M6%42L*Y7V<9U1,H]\GS7W.`=F0KO-]OTAOB"Q!]O,#>B92S`B/ M[)3;P$*WN^,O79HV7N)-P\I\FY\+QS,]Q_%VIEQ.+O"OG0^$3I&-=J9/X>:@ M!CW)W7$N#-?&2'EWR'T@CA8/":]R=^!C$OA%@RF1+)0C4KA7=4R)W&7]RG[# MFNNX>'?CQ\/)3+,G>.W;Z M[M%KX&Y><(#OI2Y6^B$V2F>_Q^X7^:Z`^%S/<9V-Y/V;3\EXM0L42RZ,0"G@ M7J\\5_9R]>2A/P.LWA=DF^4B06X06!Z6'F2!.+4%R=661]?8XN]ND/E&I72# M>#9=W[6E4G'G.G@]PH!81A@P8WA>"6P8!$SBPAT;.\WVPBP%X>V')3]Z3I.()6R3#+`\UV:"N*1VT[RSGJT M!`ILG$CNEEEHX]S;`[%TN1M$(4W\,!&BY`+%6)*Y(<(+LUR$&,3P8X.ID9R5 M2Y=F_B#(D(M(AH9,)C#]4"#A9WB.8X`A5".8=PS)`CMV!6O0Y,E6(KXMEM_D MZ$8+8'65)`H8(J41/J_,G\9\DGPZE4EB"232`%:&8O^(?\4B7E*KI`FL$(0V MN8K$Y<)Q@T<=.;G@<1'(#R&EL(7#:OZ38DLN7DQJL`_A8'?8,BENM[L[6DB3 M?(-@BURQ$W_LO%EN"T"FV_PQT9$AB1#M8:(EK\2,@]T='0N/-_<&SZZ-$SWGX85B*#ZZCE&X*/=&P3Y+.HILK>4 M_),-]F>P+HB1ZTEW_(H3NG4<04_V*L]R%VH0AAV'%@@[7JS.7@R\*%S9T7=N MGRSS6?!T'Q/N.AOSR8&G/E73D&Z\SY//1<,33+&'*7Z5K*@5%&.3<^PP88H= MDSODFL[6W-R1"B/'/G,\`5\E9,"Q7U\W;;+P.S*?7[!'G1X6X(P(7S%(B0* MO?N([%KAY8V8++SE1M^RC"=D_>,G_,'_%^K56>"2T_&3)\]WC8T_7JRG8VTZ MU@]!R=Z1P=;[1&^+!-ZW9\-XI1=K?D&6[\6?4/R^3;3HWLG_B#YFSWA(/W4. M'#=&M90!^&+E8+,$XXB*!B\.LYIRX M,;<[U]F+2,MW:D+CN'B%I_>[R/]^&KUBQ]/%X396VI]&@8?I=JB3FEZC,=Q- M3D\/+Q)%W_CEE=9??-N\F,>+$/X&F2I:ZZY#T1:.1P`%(E*$V=`4(2X!_OC5=3QOK&DS70>3_>%D'4B[ MA-M(P/.A";@4H/FT!_M9(K3KJ\O;*%%/1;>$8X$U)[R^IKSD%+:0]TAO%^KJ M[3K46QL]D]"UQM+TS]A;C0"@AKO46I!^;N9.=:`"AT@3EL/3A%+`UGU:PK!S M@84VUW0PRK-3P6OKNE!9CSF-M%-75SOC_=7Q#8M?-W,9B>Q-\M25U)=3N'"+ MCX8._"UQ<"(U6:FO)F)NV)V+7@TS+I[",6BF5"Z&09M/9W,P)>&@H`,-$<4E MTH_UT/3CD./%2I^WL[=UL$44LAHG6R;J"U=LCXA2U2DP"^!CDL9UV;3*9Q6,.=L4P.JF58_;=W$&\3Q[6H"O(^UN=SG MN1IJ8O?,,KRX;\:YLS=,>[P.4Q5+D)*9W'3UW1)L:6\.N8V1Z5GS'>V?D#N> MS9=3,!Z*YY6BHAP2B=64#X$.4Q*-%!"F9DNB`N91UR:S&1SI+:M;OJZLC-^A MICLROMQQUF^ZGL&E.(OG;90&8=]VST\V7LRG<*HL0(@4)1<1XG'-G"!8`TX` M'US+C5E?3M=+EJ*P*JF+!NE,QCQ,#75ABV^LW".:NV-H]6JEP96#5T[?F5(( M`:-^HK*>=OSNN'_@7V0OE^>L1-/GTPF8@G!0T)F*B*+3GZR@<($]V1$SEYB2 M'7$Q!W4?V--VZ2Q4`S'4E!\'8"!Y(0@7F;'::]IRN6J1B;:4.)?UJN"]/RE, ML118AFUZQ_6X@VP&N#G<=L=+A6SM$&2Y6%=8B^10@Z$2Q.;K%5P)K/)JP0=, MXC2OAZ4642^#N+[SSL&L(]]T4?1&$?D`T>B"?)#M!I`],

(*U66)S><*JHBQ'8B_($M6B2K;_JT M=39];"YJSD?>5A@O5W.X#%#)Q(HH"".P5(Y1(3F`W(],G.IXHT,]>DYPN]TE+_C1A%UE%9#*,%Y5$AAU65M!%C,>S29)8_ES MVXS*P!S;`]@'V&??VZT9TGUGF-LK^\QX-7$LD8%BO%AJ<)<>JN?O3!W$H!GJ M+G=/&HS::!N_0WYP47)G;DQ_K"WF"S@-J2:@,PT1Q&:H5580-V&18CIKLMLCYH0RTCXX`1)/\.L1:RTN/+Z/)O2TRT MI=JY@X(*WGM<1O8?O^1`N\8?"+2`GY6V@!_]?/!:^=]B%H1:PA\,<0B"0'_X M'E_+X[@5"<)#9_="Q7P>Q;2=WOPYBOPYBY8JJ M.H_R\(*Q\&@J`:X2F#%CZ^?(55Q_`F\%>^ZW+L5L2Q-(=\BE0)#3%+CFFAP$ MM*X,@J`,U]GGFU<^K2Y+[;>![OF%O<5B/^5^V4E60F[E[#2B`8;A)\:]2J:&4 M2@DF6E5JP/?IJKR:I_KUHU1_\N_>R-F-R..2C_HRYX^):!-M#5@]10?%QW;&J\D<\D'.:@KZITZBN":'#RM],23] M2M^TN-J_&J9+HWOLN3^3@[G9%/#>0LG,_5,G7AB3!R8&UELH?AR'XO!HO$=O MH$:-E\;Z8@T7,)?/W3]=XLFQHB'SC2:Z MM/&#"\0$`9\8$"%%8=7B MQ"]1J(%%&'E`CAM[DCZ>"U8>A-F^M'H\A76AE/6AQI@L&!`.MK=1@)1YGC/N M"YPU$@(1\Q%S;O7@GTQEWZ<^:$D^7EG%DNH<'3WU$6WI9/<&;)I$^K=75IWH+U0WR6;F@J-R-F0N:S99P+ZB(TU,_F\$_%V97!VPHS$^(%#N2 M(?/D8F\]#/L32HAUXVT`+)]@SP/KZ!1]O<2*QR[L(JE':OU&BZL M:D1:US:7?PY0%M!#O:74`&R8Y&.;9HB]%WKX<^FX]^@U<#';S0_&[Z+Z1_#D85`U14+3M;KJ;P M6B5*E[JZU@QA]0N2FVK@[>[<)'#;6^_0#E?3.;R>L6=75YMXT!KNV2+&,?:?+$`?+JL:OZN%8?UUI0`8D.M62Q`E!RZ>@6U M,+/9JGU7L82@YJ[BHW.R^3,P771077]B;S,%]C,]O-@.N^A64P)I1V)2/UZ` M15$G:GGC3]%48#C5-G]NR_Q>R'#,%FAE3U(E1*"&K2@+@;C=E<,SGR^;BDLY:6I M:UVK]`;$D4VT3A_6[8,"E,NN M>``2'CV6`2MG@#*`S:Q56#F/*/NSJ-5NFEJ,)=`S7`T7-28_9"@(YS;YNH#UY]P=8)?7)GVWB!.\&+KN M!U[WHE>H%^'5-QC.N&AHSPA2)LNMH`RDWIQ`O%)3QKBXOFPKT`9K!2"FM[$<+W`1_H\SQR9N.O[5*',+ M=/3S#481C_.&_C;Z^9P\ZFUYW,]6IF-FADP&C$8[!$GD!4MGOS?#_!H1?SS7 M!L^1V\HP-C^JU'I MO-F\F%1//V[(\1N]+Q%__$%[[6.>UNU)NI`.*=+G5>9",7/!U#/17RI?$. MT<>]SBS#W'LW0?B@]70V@WL!LYJ`SG1)$)L!'#]QK4B MB_>-%1#<;M"/$#I2VO8K^:H=7N9SOP>VN3%?C;2Y$;.W(=>:!4R<,NM:FT(8 MZDG5D7V?&WN,F_?@!,\O?IB8(N8-UV:S?='&+1/;/(S;98W^;23 MSXC<8O9&/],TL\CQ9#H$'2'\?6W+3^FCG:Z2L:/&1&>.YWNT%=$3:4447_A+ M567!;&$M:<]K1%O]M>%A\X*V`;EQSF["E&V5$M4R?E`Q9&Q@H4_AKO4W)U#* MJB);=Y*G>.7B/]0PG053!/+)#\/=9F$BP6DH1\\+]N%G><@6_[N+!<@_0D"Q"[1W#L?AN5_W*,W M9)/CI\4"L(?^X61=+W,EK">;LK(=ANJ^*45NIA(_),3JRL8#X$_&FC:?P6UW M1=-VK0%<<"2ZL)P.JQ\@-VY`76KA]KA8CLE"KFDZ8`>VH^E:UFK6(V@E["?J MK&Q[R[K-TY)N!A'?F=OA"\!JD\)I&T3'R++2`[Q&5"IE']%-H;)(H_F;O>F;1*(R!VQ!(/)=`57$%`Q>U=Z(`+*4(//:MA` M(C2`A2PWY%B;399PK^#EYFM)C7-!93GC0PTF:>(HP_$,\"WU@[FZ6JV*&4[6 MIH%%D)1CQGD&J?VZ0?[M[M%X9[8$-LPI%\Q]1S[`BA>].GSG MX,F0;[KT5"!ZA8\69*0M%&-RL6)-9X#OA0"1+<_3JN&&E!W]UG"U1N+&V6"YG M<`PQII1B1_5DE41G54BHK^3UMCM2Q'&[HRP_.-9VK&M3N-/.H\D4D'L)^T,- MOH0`@VFW![JH_>J2SQ3M&!^-AVH;[03'&2&[P+_'\%L4R/K*=+*=P M#?$!*5?`NMN22V]Z$`KF/1-<(IN.T@.$]Q70C'OD;37ZDM;S/(O#-?&,)%&2/%E#7,S7BW7<)>WF%,J8/25 M4,0YHHGZ2B!F\L>5:FX'YL243*^#5B,7CR-3*(F!C]>/D9JCG<9IM[S(O8\V@<=@["$O\+/FKI=D?*"H/:]?O8R!FF5$KOS"RKBD37F M>>Y<5,U[FRQ*>YO0,)LT.<8K^K^-R(-1_D=,C$A#D^PXAZ,(MS$)?TY<:\=. MA:+IH3\#HHC,*>M[F9D,1MRJ<6!+Q_B]'U3!\](/?-W*#P8/4>;9QGFXX2 MOG2S6"[ABJ2@J5=+1]N457_NR\C7=U+1NB./DY`R:79O<0(5H.,HA\C^::\@ M\D/U1RG"5YX7H.UYX.*X/[17:J0%J&C+)>1+`L($J:5[#0$=\$6=6OC.^QWX MP/>#:+U$K^O^'M>;PG&/7@-W\T)`RSD$9.O7X"KW*^=72P/% MX.K/U<^:*3-B>?AOIDTNNDP!'_+,3ZB67E0@,M1[GXJ_:%-.\]$145)(I<.S MP)JZFXJ^*A#4KF])V+A.*TO784<)6`%>=U-:6\JNVI4K);1K$X5D5>PE'>P* M9)\/T\-0U)=7'3;5M#(I'#@[)5SWYD3PE?IGF'?7K[&WY:$"\H1AUY82-C(M M+.JZ0T,]$2PS&$TA-1!?MH"H;WW9TH26+:U'H7RX;%W8(MUI8Z!8=>O)M=[Y M&K#FD(L$N5HAQFR/GJ?D1H`OEDF:5525;W8.0//+(1IY1][9!-'=D.1?R5NW M%S;^VL8=4)X1ZV\K\>B/ M^)?CJ585;GEH,WYVWG[9(C-<1?"_'"\>^*.#8:6L#S5Q37(Z;#8[MXWRPPY, M\990?6D9SV-M7K7.\PKG8%P5I%/$J-I1<,ST7;RUG^,%G#S\)-F&#L9705Q5 MC*M]<2/D^!X]TZ>9;/_&V&/B5U690EZIL89706@5;"M^;X,2?X9'<0WK"F_% M[_^)<"2PJKHH)2:TH_'5D5HQXQW6B7'=D3*VIOW\\+%_^@HX("D'E_@3 M;SR=R#*T@AE4D%XU\QT>U`H++W2E8@YD;6N%6]9^V\\-^0(;GV&A+Z]Y=S(:LM%7I/.K(L1J(+KO-\L=SH0.6 M=!;]@D+AIK:[D66C:9 M0H+E@R06K]*YE[O@R3(WEY9C^%@SJQKEB4DS,[8ZPF,S',NJNX1+T].TN38+ MS].PVVTY7N`B_!_9\OH1O6T#:P\*SLNQ$GKFO8SV&[ MN]./]#L1!2>DU".&$>Q9>-)$53J^`]O/7+P5)ORCKK M7'6ZI:0GG>/6.F1!Y_%\[7YS`PQ[SK8TR&!#8+AWWQK$O M]J^6\X'0N>FB#19`C(X^G?*WR:\_3ZM*(`F.9$D8V.,?,8RT7`Z#"-:<,QV4/#NL8:Z;VB+G83+ MP,=Q,#DO,'#X,%ZN5G"M,87)D6-O``K":!\O#O!@8[&Z@-\$Q#F-UD7OY,TP M+;+.81!_)16*8VTYF\%U[H0B6WDE;D5>0XU)"WNJ30';;0,VHFM?T0ZP2M1D M8,%H'(A'[8C82."`_0UY/MI20+U'\JQA]N\D,7WC^/^-_*B1T5]HFXX4_HBV M"WM\,>PH.S1>K69P'7XZ8TMY75="X,G%BR]KX@,WKCIT,YW"-(PH8,/P=GGY MO'93*=KDQLO`C(7=)SLOK:=C:44+RL4[F1SR[*]MW3=LS-[0=&HYC%LL) MX!D+&.'*6T%+,DMN"_5/Y664O2QXRE[2[I+AJX,CVE_R;Q+J85A]*YO6R(39 M0?RK,'5<>46X0;/2[$P-#N-KYT!3`NSMT;'"?*4#]L``H%C*@E0N>^YHOR'@ M:I]1?-60?=60?=60J663BA]\-Z@AXVGGTE4-&:-E$B=+O=0FI2L2,Y4\%Q9Z M0W9:IK/F+D8L&*2KDJ1"1H;ZWI+"]4:?IG:'*9A[LF&&3=.JV[HT>$HYGJ;^ M.D"'B.LYJ[N9-*15XOI0`G'ROC.;MQZHSA'1(#N)J$"8U'XWWLU]L(_HG4WG M<*4CW^JQX9`)NPJ?65[?DNOE1V>\I/*PPE?M1(A3+D77*)I"JO]&!R&>JQPHE%I9BUZBQR%^_D7]%XH0,^TH\WZ/M]A6Y!MD-1P_HF8@@^^;1Z.^?90`[ES4*"@^`5Q4^8(J+D6P+AELK2`S9]AD5X*;\@.T*^.L_5N$"F= M72X!NP`PII2CQK5DE>AM%1+)-XEAO+,L3%V`88O M\BD$?>Q;OO&A@/[&6X'Q37&P?_U?;Q_!9%'M.`OL7GIQ2_F^L.\@G3X6YGZ5`1@THBOF.JA>I"_V<9N9UHF.=!* MV68>P3"%E?]]FP*KH'ZH_B&-<;P0HI3MAR;%]8YAX' ML(2-"('I?`E7&U(Z=5>B+\6@PQ>H097@S'&Q6X*7JXAE3=/A#GF/)FMU)RWF ML\/7JT%%>XDC3L/=9YR'!?OC;-@550G6/C\JY?-,;%&\_NC:?L4XW2MW3 MY.==>*ALV@?;?(X)#F18*[&ADN"I^M$98Y[GSD/5IG4HVF1U7(42%S&/3I&- M=J8?MDWC+1^)?QW]^."WPB4@!]5*]O8>^7B%I))("$[[[TP6<"<_`H34C]/O M\`SA^+2\^\[!`R8317AZZ82/&,A3_+L_QMILQ7P*25+>N2994@RVD08DR6@9 MP/9X!VZ\2&BY4K4+P[7)WC>Z0^Z(E@YR+Q#1+_$/#WXGO#@<#Y3JP1*P05#1 MK/7-_GC$5/U6^@2P2W'1M%+LEE\XR=T9'A@^L1'.-2U?,9HW0_&"SV/@F]9M M#L4NL5N?ED0D3,QF.ESM%7/*CNRQDOT>VV*IW']'YO,+N9[WAESC&1T^B9)Y MWSW!9#%C9GOEJ(0H-1UI2Q/0AGJ<]K95#B@YP+G_,Y>*`V<^^3IP: MGKD9:_I,[WZ5H+1(48_FJZ3HTI''\;-K5@[;=6]V(!&^STTKB*]X9B1[F?&C#!?+,8_C,G>^[YE/@DSJD1R=_ M#S)S37*,@[`IW#+>G$#%UG;)B/?84VP:_L]XT.&P*Y"N&X)_;V'-D.+9EPW"N;"6,FC;Q80;YR*I78CN)'0,1[ M["4VSAE.9OF>+(P\^.F><)XJ`_&4"T.,MG$_^OSON'U?VG>MLD.>1 M(TOCQW<##V8:%D5BVH(ZE-&@@'9P0]2?0*2FLI3`-^_AVG=]=7E[CS7'?4-8 MCK/P>@@P(YDY6U/M>;%N%T*@?A7M.M1E&SV3$OY'^2H-DJ:!U6AZ*5^;:W#I MM>Q4K2EP+EU4R'!_*H1%L$=CM+! M%!`K!Y?]*5C-2;IY@=,D'R61PZP1;7/`'QPEG1$:1$71&"PQ+Z9P:822B9NL MH[E!,T'Z9#F'RPJ532W)(`4D==AD@P.03YRUT":SDIQ%C4S%5XJBB)N,[FDS MYL.$8/S(-L8F`6D5()_8&&>EQBA\X)#Y;<.SAF'99IK_3H8_"URB&;G,M@[9 MN)R3C.YLMA90G]A^Y]ID,B]S;D<_WQ@N:?#UAFITB\VXO,DPS0\&!ND"(^_. M,+_Q84!S)U<_MDK\)=K;^0Q39?J\%DA^=;L[_(VP MR64'N30VIH6%D-9\3C1:R[F"T-:RF>L;'6-4XG$DFP-I3+)B\,3,[E0,)L6Z MQ`00FY<(FY&M392WM3?D/CG2#\+U_$'XH;V)[WU9])ON>8>2CRX::U/`5P=8 M,\HQN/CAUXD&]WA$?CXI9L@G!I;YY9GNL=/9?*\`%SKH7O$1]J3#S,!=*2^< MMKW]I%2A"Z'X5'I-GP^>:#.P'A=%L];7Y](U#(2'VEM)+2UFBB3IR5+!?.<- M.X15\#IILHJ9AJL=*IU:[N+ZW7@G[\.?.J[K_##MYS/C%?_%_QAKVGK1+H=% MI(!I;XDTRQ9A+L@^T\(<=Y:_-WQTCKR-:U+6B*EK<.E1`4I4TR`>P'J`IS6VM_8_ M#=+]U0S?V3G'%J<1'``/>CDH4$U]R@#J3Y5J M)@"&$]JU)4RRT;TFB3#PZ?Z^Q^5'1_TX**1@1GC, M'$#)0%)L5P#SV'AY>>NQ@9;*-GIG]QYM'&P-+!2TQ0+P=*5R_JX40PR81#V4 MOR(F_`K%RXF])?\@[U*^&1:Y'9+X2A!X:/&>8M8KN&\"UXRNE*26C"E2J-/9MIL.$ISM7\U3)>P M?^OB>/#5\0SK=G?MV,_7YAO:AB^KYY"9+%9PMC M6,2L_(_OR']QMF1=CIH\A%B,5VO`FU.E4W>E*=QXQ!JA#4TCSAS/+^*?O%4' M%\T43]Q9#,.'1:P+TZ'I0G(5+[\VZ@NXN+9HVNX<5@X88B68#4T)3K9OV!$S M/5)"BNTAQ.#BG3RQAK?.PS^.%\LUG,LA0DE7NE(7K5A]YD-3GX<7\_65G!;9 MV_]EV%OK`)B,*2WG4SC-X2.B*YVI`5&L+HNAJ0OI@XAG>:'-F]^0Y="@+S*@ M:.O5%K,)W%$R!P7=Y<_$P(FU9#DT+3ENY7UL*BM]`G>/M&+RSD(7?DQBO="' MIA?7IO$4E:K3=JH7GF_N2;%Z9!O::@)9=%LV>5=J(0!)ZH/,AJ469X[M87:W M[+/L]1+R$>CBF;N+:OG02$YN^W<@U[SW`^/A5)':&]&^$'RE-TT[1E0K"T@Q M*43EC6!I&2TLG2_U-1B3-0AJ:0'(U=$VQ$[MHNG"@Z-'/$QTN7L^`>Q;R4%` M?;4_#3`P6%!1ZQ`=,`XZG$J*KM:23:RUA:P/M0#MNX&GM9'[D44J[AF#W38P MR9=,W+T:<*(RU'O)CXYC>>=DE;>WWQUKZT6L+S0-;DDKF+1[9>!`8Z@7D@MQ M._T@R-&;3G,M?),!Q.'A(*#^/B>B%>UR)[B+UU;_,C%6%LFP45+;<7O`(-'W M.T\##R_PGA?YGUZ(P7H!=W>Q=&HY=V=DA"N)_\Z+E.("+T;B.KG5-]?#BP8P M@0$'Q"^+6^6W(3E`27%@[O*8@VU1:N6!9VU38_!D6\J)[)?3]QQOD9_L[ M+):`E8SED\NQ_UKR2PR>'YVAQL*%UOR;AW:!=6WN$*D$7L+=O.6@0`%5$<5I MJ&%RIM(F.AXGQ39PQ8OY^110AG(0AAH8Q]4T<2D-MH)'U[`]`B%%CM36>+2: M!K`?`1<1"NA(#;2&VLRKM+H&[[)3P/6C=&X%U(0?FZ'VWXKPB[,J.F#^_6"J M^D[U;[:QVYF625[F/3,\(O0X/TH>>6`I,[,W0?$X,A6S"-A8`SFY&:I#@TT- MVRV-!%*N%]PRS/V\3=&5TSY8/X0)#LB#.)(6C$O3Q8O\/BND.8-FIH(=_A90 MNW(/VI10W9MHF/5^30WE@DR22CSS$,ST'^4]\SQWGN9N_I9T[L',,V=/?*NP MNQN)YKD?LV=\1$*,2X_TA8+ MN`"K&6WUUTCN>4^S\V:JL.C9J=+CVO1#NC;C2>AW&S]P M:!F>=[M[Q/X]9O>#CAF>^JZ7@'T(BF9ML`*0?2D%Z8!HL=&SM%LA85:FH'5=,"F3QP$=*08@M`,-.`_YCSDS?L`$;ZJ)RY+=%F^Y-0-*EM[O(G`+_!3/[%]H^.J>9'1K;UW*Q!BPK M:T);]WHF#]K!GH(P$;I')(=+(L0$G/0[)WMRH9&@`]@-OC9=JBJ=**1#K>)@ MAQCQH<$*L,]NV:AYM&/ M`858I)])76<)&\,6W>,/)\,S*^];(KKDQYV+CLW&4%W.B& MO?@*6/DD;EMZ/D=JK5A;*%..1:-(JB+@)C'I?,.1E^IQ_6+CP\$F/6^X3Q&X M.MW4/C,8T.-2I0`=M(4$S/GP$2'%H.MTSA2'J,?>4O/#_VGE^6'=P\#ZI_S= M[S35.=>,*ND3P!>=V)-VM5UR0/")K6G&84W"[[(>2ZGI8ZR*&E=:.G"@8Z=A M2NS@(5#(O8V/BJ[,KPY(G]@>-6V5]UZ?//1G0&K:+LB;4P).:OS#P]^)&^#1 M0(G8%Y.P&R],R7;!K`T,]FC$K&^U7,,U&2J<5XY1'`NSZ?W;*#S-&/U\1TE[03YVR(7JRN*A<5"8&3@<]G#0 M!CMA-`EKCK1.D7WC17*7H3(2&ICHX0ZS/0]<$@S1]%5X$DET=#8#Y*^*`+FW M1\0D67!Z5@53G*%5?T<5OD-TBZW*):7T+GI!MF>^H?"AFVO'\^[(!QA_>TN_ M=>=@6+$)NN&U'62CG>G3RR6/QOM8FTW#AA(@:B6+3!64#P3R]"T0U9]89JEH M\Z1E+@Q[=(TM&F4>F_WWT0WR>;98BI$BQ]1I2K>S`507;)S?X!3%X9Q-$\29=+D?AR[R\UDU_<_@3\3O/ M$1+T/NF9\6KZAD5JZ>Y<]&J8VW@A#V=)19K>7YU-X5Z>:DA<_;6`.6Q&C6?: M&NY&9OGD4NQ=NM0/''X^X#YSZI:FFQ@^?'2HZXWNC`_B-=%='W_H!@CO_F'W M*>[E(?3$HA&C`;%DH^&.1Q/W!,(1O7A(P\J<7^OA0Y\PNV/QQ/4MOA"G^#TQ MD^W"+N:`&:::1,EQ"43$FW1@;([B)W<+UKEV!=0Q2)L6Q'8[^CE,I?SMWTVF9K MN+A'B!8I]B\JT0,/H!9JG]ORM<6QY?]78+C8][`^1O?("ZSP)"JR7DB&C$6]WZ7C):+47@63T2],V[(UI6)FV*`PO%-T]Y"`RW,"F^S8!Y6;?$@[R7;QM58.>8[K\,2$EWZ M9AMF`>XUYL)II2EA_`CC9`+XW#)K2@@U+!-+@1[F^>^5(EXG+0@P!X"-%@MF MK:^&Y^:;N<4;0))NHUT/XEXO1_.-]A!= M86FW!`QA:R7+\:10:Q.;H:(=DKF8*;,ZB;+/=G9*>#\&2QG.ZZW+;>BOV+H, M*D$F`)V_;MGX'IE@K9/PG;+B5X*;72[C+Y)I]T$^P-*G;!9NN89[<+V:@);+ MG/@?&F1#U&,/HW%&9#+/9T0J+%PT.U)<=-8P32+RPGC+EB`A;KW&L.,QR3^N M]J^N\Q9>0XKBM^D*L!5OZ=2PQETFNJ1^F1>9'AMVJ6J MQO;YZ#B6=V[2FKCOCK6-C7VA:7`<%4S:NJKG3@HYT.A-SU7ANZ3\D01(S@(P M%DR[<)3'T>-Y]+0V3%*&DXJ6P\)\QJ8&6FHGX0KY2+-1,'=Y3"00!$DB^_V;?+ MG:!O5ML*RL18G>=CHJ3,6EYY$%%[6Z]$A@VK,L@TW>7:M06Q7:Y#J3.!&L#A M%&=W#>%3*4:;C8;G464-&D`\&*G--E+5C"^-T?81M)$$UK.H#M5^3B<]Z``( M^49/?^S3-3^P8CPT6F3UHB=5#+-O>D9U(&AR:$%DG4Z1 M79CALK"\1-1?(.(9TD%I)'(6N$2;Q@O(A\7+YY9BY;6E>'S7MAJ?'MNV5$.8 M]]42+,OY@9=Q=.FXYT[PY.\"*R_]1/#Z=`G(K0@MG1C*/&\IM?%3__!N'5J. MC9X-'VT?80UHW5/[R1=C8].8HQW=\PQ(P@>S: M@!U`"D;QXJ!K\^F,M;HRJ^C%!E=QM11$1/US[5;72]"F,'#KY9F#I6_[85^` M>]/[XPZYY`/C&6GCY7H.=]A=-G,GYI$[]>;%IC?/:@D??><0R&3&M!KK0<'^VI(RU/"$Q%V(JGVD6#>*P1G`9Z.6>?=Q$N'`=ZRR4TG1[\8B2VY5%:$P3)4%\9E:4]D'9^?_P-B=HS=D.=F.+O,UX$7X MPFD[5>6\Y\>#3G]2QF*'IB4HIIES#!U+5EA-X#U>@IW_ZY@ M4FBU+Q%8YG&,*CAZ'-C(T_3YM->J?CSZR683[`.+%`R?[!W7-_^B^H7%KBT[ M8;>`H/8M).6<82)U8%1_HS@L(.)/ MH'QN!59`?G#Z5IC<&"ZIW7M#S4I*DF&^RDA@RT@*G,6X>>>TC4[L933TI7R$ M%T>U-X`\%PAE-GM-U^$+C7TO1 M1U&88W4K966H!X1GY"04<_W=L(,=MD9LF,GUZ:FFL4[`V5?!"\?I5*:<[*E_ M?B4]6OLJ5OLJ5E-QD_PJ5OLJ5OLJ5OO*N'UEW)H%F44>4_C@QW(&MRS'< M9T2J*:>+-FKNNRH7GFWNR[XAOLS?HW7_\@:PW]-VQ_1>/'@=P M]P^7.'%7=I0O;`0"<[!UL?7Q^F]DD'[A!*8I]UEI\_F&H&HLZ(9:;]L4)M+- MG`+%W95=QHR#T;(IFN*$_X^Q6G6 MEI+A[P]&R8[!Z\UEML9WE9AE0B#G&!(J[)JJDMB97W$`701:YP=:C4NLL=.8 M*[%^\)W-'Z-[]!JXFQ?#0PWKK.EPF=&D%5O3@Y/;W:.+#$SY!YTG/(U9+^$* MB0MG;5#L@L6#:(8O')N.&>KH>CF%.V@LFE:*;?)+)SE)Y(&A; MF@99?\=!0$?2%81&F0/BQG(&3$LWEW/!>G2P8M^YSK-K[.\1V?Y,^_DDP#NC M2VXTI-_!'E9`&@0L%RO`8ZFZ=$DLN1:4>;JVR8!4_>//VJ\:99;\R,]:ZW!7 MH?+3R?%'^3?RI""_C'&U-[MCQRZYP+2VG]Y[/4_NL86C>)WE$9WQ@=A>F386_*A&Z#MZ.+]%=DT'A#L_$_'CH>. M1CZQM]&X\;`-'P6(QO7B@0TK%?=,!^QZ7S)Q@STX"6T+<;LVC2?3,GT3Y5O4 MKZ9P_;F:D";%JH4DG:]3;`AH;S9AB)[_RWS/?Z&%0S1YP+=R-,TD#&OIR&OS M6=B_"\^2:>:U6`!>I.&CH;O50!RCQ.SU1=_,OK'N@SP`!:7[E6L[6]+S)=S+ MB'6I:LT^"M_3;()C;VH3!9]*.\*F``8=KAD.M>)AH%#I(P^CJS-D37RO4%7M[CWS3I:D. M5@.3R0+N"K(`(5*B+XO^#D]VNR,X9EHU9<,#?=%*O,5!C)ST?A-I,R(N41"C M56&M_M91]X+'V8MA/R/ORKYSG7^AC8^VD;'>/EGF,\6*$81.X#:5)J2IJ',- M`>Z/\])8`R\-T_VG806HW#CGK>H>!U%*:YTHJ+VY@%%;WVZ0?QD0;X.%^PI#]YO'MKFE^\9G-_)286**L0/VU!O M#AR84^0'T/:,>7.:MO$\^-%UJQ* M*J`\')/ELW\I>$ZE.\E<'RF15ZY^"-3[C MT2;'9SQ7]L;9H]&C\5ZCDB[\,?UMPP.=9"2&'DP7S&N%G_4HD[*.B`D[[S=-X>UQW5SO`UF=CNT M(3?;$H#N\7Y,`AI[8UHF%4T>(+V-G)4X:2HH74-`AW^&$S\U@I&)+CW;Y56L MDS9"/R&J5-"S^C#V^-BF>?G*FOTXT^TK(A=\[>=,W6\HH+_]^\A&OK#30X=- M1HT'#8>\B3)#]1TA.GHX&!9[/'I:Z+18L=I@26Q%6#AW?7>(/6XN!IPLN3M\ M\8PHQ91%Q7'0,5&$Y1[[(\WK^-?Y.GY>XZWUSEJQ]3:MW>?4E_FT3_;[JV': MUX[GW=H/!MF@,@^&X2!].@5DJ63J-NT[92XV<&Y,U#?LPR;!_(X?)W8@->R@ M6U4\W%B;S70-EH=XKC:U.5=?7\QU?X(6L:KY(;I91\E0/"H6#,F)1E.$4]). M4ZP@G^EH\8W9J:M5@^W/7.:O+8Y=K?\*#!=/9'V,[I$78`4>.;O8\W)(O?]O MMA%L3;PW_$TX6$K&CH;&&V4R<#)LPY`IF>/2M`U[8QK6E;USW#V=A1&"SS6= MU=95CG$+$B,CQUPZ)2-;T$;]AP!-4A:/QCJ03\/4A55]AP\NDM,6^4A.:'D1 M#>>XUI>F0=TG76!P7./=HS=D!^A7Q]EZ.#S&BKY<`B9M&5,JMCQ4@=)CZR_/ M`9"G>N]3]!P21LX[PZY#R^8CE/#,S?CU7(-5XW$G%(M/:A$9:@W7NHB M"-)UL37WYUCX+;_$8/ZD8ON(;<^47)DU>$VD7H^6U(#RJ&&2A$4"00'Z&:@ MF"\G<,5V?$2HI$LU8.MQY-4\U;;,OY50M,T;!`BI<.E)M=5N3:&G;=:YE0-RW)^D+NJ'KUC0RW->\1CT>[?B]E$:T$G MRFB0H@P-+2&O#+RH]44+RF&Y3MX)P*RQ&J2WNTA<2WT11+INU,!2[4=#RM4^ M:OZ/@6'=;VUCJ1!X"('+"X_&_8[V3XB\Z3=EWK!B%L&4#B59746$4>0Y%[,Z MU)"KOIUJD_XL>C7L..I9,=;TZ7+9!K\E1+2ZL)=)FF_G9T+7&P-ZI9?N'WS# M]=LP(^`-HF,K.GLQW&?:UL#Q_+0XD:H&7!_"6C1U;&2YO:DYL#U.\D#M6=J@ MK2V_\`+SJ_">I37=L[0>'<:%>]:%+7`'I3ZT,/>5E#&B:_1L6)<(>=3_UUD< M,V,=SE$[MHO\?:Q::"1;B[+W`.K>S2J'XP'YOD7;[E!`YJRZKAK:D1FV7VY( M$1Y#+?`22C=TD":6^`AFW9PXG^+DH>H\-RSC8''&>[`8G_^SCQ0C;U[6D6*N MV""9*9JHF\/$/I?"%)^YAX4;X_D$\.6@JMG[49V01VJHA:`1!@3'![S\F9MD M`9SI\Q787E$X;7V]CY\/(VYAM'BDV?+YC,$*TQTJ'$:*Y@K`??R08#E?G>]1 M#;4,XARS-B2[I7M$+RO"=S1^UDAOIH&'+\FA$.F#3)$8\V$&G=7(I MXYDF.'\W_9VN^F5N\)L47&='VSOB@,7*J%A@/N.L)LJBLOY^)4^!=>1X. MKLB3ZRH!$Y$E9>.#4YY,MZ;FL`]@S6^ND]DOQ5Z%OIC#11E-J1NBAE8(H0F<_KQ2#9=TL<__A)UZ[29QLJ]*;'E%-!T19=792!O)Q!6T2L1"X0'HII,T2A^VXZ\3&4_ASE@:D?Z=*JS_#EVW=WQ MSWLE[G+F.VS&#.BE@T3@$%YZ@4?IH@W^2HMB-A98L5(4X M##4%=6"K$3S86E?<-3&,`>04J0PWFP.W_V,<'G\@*WNC?,7] M@@3'@.J(NY#-H29RBW!X,5T?'2@^RZL1$OC!D`J)O)C5P5[_8"-QZ03'2+#* M+46$?CBD.D(O876HQ=M%2)B[(R"X'V'D&5$AD1V(]\976#,]X:/1I>&Z8[(I:EZUWZ.*F/2#$5F4C(G#N"B M&C!5BX(IXE"9Q9;_9$CZ MOG^PJ!RO.VIK;B4615!]/ZX=!&ZLG&@C3S_'GOKT1X[UI:S"5PGW+;8D&/>`/K8V*Z; MR+/'^9^.C2/T)D-]01(ZOH1P_=/AU15T:[S>`4A^ZH&UZ.E!0[Z800M M2G&HE0\@.)Z3>D-D;V,4ISV)&5CT?TY+*)3@4`N^P+U*NIH`/I\)3?_GLH-* M"?:X*$I&M02C-2K!O+!8@O;T&-U22$8G&Q\O+_Y'[=((5F4$G2&<(!Y?D5(( MH.L"'95"U+6R4#3>;>![OF%O3?OYWK&L2\X]OGY+(910[Q? M420;U9/MU@SY3N6>"A.O.NK:1RGI@S8%;J'UV%<&U?JC!>0>D9)NO+"0]H0$ MP\"PKLU=VI5=UV;\5Q%:)F[0FMY$4%]I=.D;*"\#W4EMB MH]O4E4Q];]F+/91_AQTJ6GCTM7Z1WFV<.@^1\Z[L\(I6%;*`+<+;9:;O]B7N M+\#I0N(KJVYDLMV%*DA_Q=_T>?&G*]_Q!GOS^3)%N1!&Y1U/E@TVGZD+.R4;?%[3\ M0^^=R+\WU=XUGHIO/W6@I$%]EM21=(.J)?_>W"V",*@JG^O6?T'NXXMA1_]] MX]AOR,.XEN*K3Z>+.FOS-5,J4LD_R<] MNDT&4UO8L)R,%7=,I\Q+99"AHP!]/3(3Z:FJAM),LE5SQ4VEY6Q5=>E*`;#< M;_AT0>%G-I3&$DU,9?5E*@*WN]7T6QOENP6B<&BKJ#F5/AU*V8]:.DO$?N(.1I/DMN@SZR)RWSKCPO0-OS MP$V>EJ1P>9E^>DG&BBRG>#V%VPB%">J#SN;WN6:X?]HKP@T".R57X'X&Y)!5 M(RRY?96&-#KU3R"=KC0%34&4D4]F(LWD_%7"42S#VCV]6BDYA.B^5@SC4S6A M3\+%L"R:TU=&F%!V_#1,?9:46)4D:'3C)V9D:<77IE]G,RBNORF"W:,;AMY' MQZ`&LX,T4U7`/=2D0>=-&JZ.&7!+KZT503TE10YSUKE;L2_2);G]-CMY[Z^! MB'_0EQ?EH%Q5<%<*]()U[@=M9[4I_C(U6"48]*&Y'*"KJ_;*H68]H0MM;PUH M_K(X:$7X.N^0'4BT<6FF-QDL\5!G2G(5F@9Q@JJ1+O4BJ38:+I0 M>]4JJB-M_DS@?#(]?B;P%L^&OV\_CQ[0,\%\=&7O''=/QQC]?&.XY,]OJ,;3 M@,G0T\/]X]PA6H$E'W9[`"F/J)J] MP1IJ6,B[1V_(#M"OCK/U;I#_'=$#I?EBKL$5?!3.*V4]$A=7LGQP`=*;6G%! MSR2/VT>"W,F[Z1'V;$?-#V>OK^;<^M`27S7,5USEJT07J[P(.!TJ/H>8 M+VR\!7W\;FY19,'?C7\Y[EG@^N=?)4\*:/H/K9PKTT73BO%/VM+;M8C?E@^30K-XZ[R0?8;]7&RS7ST`!H=W0QFVFH*MM_EYVNPV!E[=+L[&#':E6:S^1*,A<)II6@TCT"298T' M`+6WY6H68/:K1C)DWMA6`^5"\=JBN9\O,WU#WNVGSUT$>&XRDK'<.4 MZ,%/NY)@,?V#/7E\=5S?>W`"_R7#M<;8TMG'%,<_;TERN0VZG(\.KYYRR."> M),6I_X'W`!W,FTJFJ;_STB'B1)P6)O_A:)6H4240QQI4P)O:3MUWTS;WP3XB M>Q:]!@833V2GDB>4(FV*Q5+(H=J">=B\H&U@X64L%SB??AQ&'JLGRWV3=$2^85GT5X$*LPU?6%8**Z2XET.BM MEU0H!(W("5^"V))4H2BW@H0,)P"D'25U'2ZG6S2KG/6#FZ5D49"K*VJ[%!'9 MV?4OBJOG^@KNR+)PVOJ!Z&\/>*=>5A;[>&@S?G;>?MDX`3;9CY#DZ#^.J8T^ MQD/+5$4>K&-=/&)JJ&G@:F0@%YZ:6E@I;GYW+%EZ>'#H?$%I7(;="$,&A M+OIY&%(4,M'W?`)7(L-%0H-3Z=SP%YYO[O&VL+T,R#6<:(%R:>&Z^1300OH'+Z$8-%P&C3 M#`O(4%/!.#`;ZNE^8EMGCN=?.BYC:R//"O%?V>884`4E$.5[J+4"$=]9"R#, MGVSWIFUZ?NAI7[P3[PEY8UW7X\]IT]Y%53`MA3X%5"EIMZ)(]J;;JR@F955#S,K MM#L>270J)#>240[22\/K"$;`ZGW5[0I M\O$)0(\_D/6&OF/D7KRQOEJRFA>"*:0(<4":6#>N+%'.NI!_GE.S4HB(L3[^ M<$@&K=75D8.F8>@@`^"AGK?500:K&79]5Q.XBIRZ5`U(_8Y!'OB!GP@VETY` MSL(7X!&'*%'#4;]CB`=^0B@$C?E&#!,^WA4E:D#:=P1Q;YX*@M4^`DL:KGF/ M+\A%QLZGA4$KN')@650.0S^YA/!Y3AVSA<:,OX:WU>;3-H-F#I)D5N!Z<>_, M^0R\6B0_+9!1U1)KL44Q,!IJ+!^=385<'P`1MY>`=%RK9@=3EP(;B%5"!)4! M:`;_[>%:EU_*#$W(;K^@K@]U18:^QPDC&=?QPFZX#OJG!0T-D-OOP3)J)X]6:]+GIQ1+JQ@)15=60K#\A],S>(E`N,]?6T MS5JZS-2=F4>N!(P;H=[LM1+JN*YLO&$CSX\PT-K4DNS<*JM)$4:].4.1H"G-,(:PGM;Q=;4"N68E;#L*FTF&,UBB,T7IT/!*&,1?V5GI^9,:; M'XGS5VEFQ".I$?+7T8GG(=^3E!-)$V71-%?A[6$ZQU<>I.$")O1Z1^9J6Q&C&#OY9T1XD`F4-ABC#J32)%^$G.3QX> M5WAI+87(BGFW'&%R-6Z]R2G!AA]-WL6N,31H_^I8>68ZW!02**R.\OC2"HTQUW]],.A M43["9R&&9)@G>_)PUE]12?<=$6[&$S[#X)O8S]'7;5[**:]25>T MD.%;#\BV,JF,Z-,XNER`LE,+XSN^84E/[BWJ)/=^1^;S M"]X@1R$2F$"?84)OG5,/%DT5R9J;X>_&JX8:=0_N:A[9EA;0++(&]? MYN]A84)(U_A[[!>1CF!MGKK5)%/I;;TY\KW))C8^\14`BX`4G@'$0KNR-RXR M/$2<)$65MICH@:@PGU1ZD_9L4Z'C=->U8S_C<'0?I[WBE)A>OE*]ENXXC(9N0[(^S48>2Q#`\/C>-A00Z-BUU,0M6CD]#$ M#B>^_%`H/[0`[T.7:-YFTTMI\#%8>Y4/2:#[Y M]-A+E;#O:Y,Z^WY<\,7:__$>G[[L(3]Y%$V=W^"S#XITDDA:]G8#K]?1"83? M?KPK&HCV.'N^O7^.Y/#BI6%U'6!OY#+3XX4$Y#^6(H`AI_'O3S]2$J; MSK!G\HS91''_P-#;!EE1!0BI;T:,`:,&EK.5#K=;%$X+9!8"(DSZ=/(@H_8N M4,T"3.?51L)EMZ/NU#FWK:;OI[8C M)Q;GM12-U`WG.U.$"LPZW$GEG0;/ZV2%R:*#MJ,'/'`@/_$;CAX._G7CMUF. M*XME>%&>O*'<9F?*/`4J7^PLQZLW$9.,)KA['KNQ;_X6\@[S'M+R0 MPYDW=&5CFT;D-E'F8M$IVCDN>C3>R>&;WF;;W.8DJZR;DB72FT"P764F)\S, MNSH9$/757$VUKB9^(`HN)J7>1,)2FI=O@CVIED#;(O"RR\$,SN5I1IO2BEH3 MX]Y$Y2P]E!%MZ'6BC6A9&*7KPLBQ1QCWT:F!O[U!HX<7A.27EN:6HUL[FI#. M]U4Z"A::M'3BKE!HPG'47HY7;T*3YL6;U8LO\7E/R,.RD1_0:I6Q&'DJ:UP# MI'L37+1PF;W7^22*)!9N>(\&_TO\&;EP8WOHB(ZD?6E8O.F-]>5Z`>EA-J1/ M*2]3(M;#C7@^>SN)6K%'2TTF>A'?<;2>J(MQ;^([F(84ZR8W#,(__3#]EQ%Y MGB650/+C]++GB#SC7=@2[5HXJV9?IY(F-Y MR);]N0PW?(;$M>I!@WN8E(F!V/H>55$JR-]$US$UB MK8Z?'PGL\"O_%KW#.#+\$4%]1&&7[L4SZ@(CD?N)K+\N$G]=)/ZZ2/QUD5CZ M$TYM'6:"[=?2+PU7XO5Y0K:OJ\+2>?NZ*OQU55C(E=D;EG5FO(879K/WJ?3I M=+[@;=%8.$Q7E\3X^!KJ4OO=W!;RSDJ3,V5:,$AGU_XX>!IJYN;:<)]1(?>L M?"13HH7#="53/KYZG'`HE2I]1\TV0M+9$+"R9TS1EH_5E7P%..S/Z?'7S7PI M-_,'^-2+^^JXF&5V$PIM!7?.6CIU5SK`C4=_7C+Y:M4`U*I![['LOUHU?+5J MZ%81!M^J09M,E-<[9 MPF'HC)F&#>%L)S:]G8*2[R03-3Y;"UR"<3)P5`\=R3\]:YG.X4X5^&BHGX:* MQH^PS$V`(P7`:RP5D\LY-:LIQ,29X@=HJ$FM"`)J9=C:KK$@V$``^MD\)*BD M+_Q@#35U)@@DS&6)=E;/@O&)E+6.>.O"%G)7'/CAZ4^F,7>%@>LJ6R6$LP7H M(\<\1#2_L!=MDH7R7NB@%>\<-,@ZC*TGU.-+=_QX#=6UB)$XV"X+\5@N0,MW MN"E12XM$L1NJPR$**-3MQ';6VF)!3^%\CHK).[$+UL5*7H2&ZG8DK#-*0Z<+ MP`+!DHFE*(<08WQN*"NDZ_%;G:!(UMBSDMU&7_0-2AG9TRE_]O1BMT,;WWP[ MR)J2-^9H"RI[8UHFG4A6_C29+_DKF>QPKJ8IU-XN1$QN>!`[B5.%M&42'OGC MX,OCEU:Q"DMG:5H->?`$6^4E$P3K;_"CR?W'(CQJ;#76JN M0Y'::E6&WU"+/GG`!,F,M.AOGCFV;]J!:3_?OF)7B"X<6+8SN*06/QVM640N MZU,/J_Z4Q,IOG86CTQE_=!J'_C0JC:_/V]O1M6D\X16'%)C*"DQS/0F)YY5. M(^/*O&.3%9$U57J#6H<[D>,BH7F..!GRRG[#D^%HB9P#P)_!Y>>5$>J=CB3"]/9$;QM((?$62``S9-V]Z+/9/_(_,!"P':2K25!<7TH`&T#YZ+"J^6#*BD5=NP%L-FT"66&C0RV- M&58)0\XP,E*]0>0RQFP!?EVE8/+NBA4$4.E/I4Z]F[&'AHYWT2GHTW&,.950 M@P(,DD5.>4^BMO1#`PBU'G!U8\VHA.29_/EZ1IN0?]DCJDJZMOI(-[ M^!H?J3[ZK\"PS-V':3^/CA.\5:5'\:!7YEL\Y(F]30=D)XP%ZHS^63ILHB.+ MZ1HNC<-'0_WM/2W:*I\I%>]>)K26B!8U3(:6E@_*@4<+R/BJ*G=MY(7ENND'R-F;=*Y[E]+ M[6+)IFCJP\)BA%P$0)3 M';"99\7D"FB'`#Q#KN-_O2),&>FYZ/JR%M,R<#O("K=H16T%DT=&UG.16D.[%!]V_H@SZ>#MK:TSPS5`[T- MELOIZ-BH4N;YK*H(0/5+D=:A)=GHV?"C[T+[?]J@;2GOQ`#SJ[#_IS7U_[0> ME3F%_M^%7?ZFX.J\^BY^(PZ^@OYOR?#0_B3_Q]0 M2P,$%`````@`.H=;0F!1`Z[I$P``>`X!`!``'`!R9W(M,C`Q,C$R,S$N>'-D M550)``-?@2Y17X$N475X"P`!!"4.```$.0$``.V=W7/;.)+`W[=J_P>>7C93 M-8HD.YF9I,:SY]C6E/>`L M7A*9Q$P&F(8L(G1WU/M[TCV].SL][ M@9"(1BAF%!_U*.O]_;>__N77_^KW3SA&$D?!9!FXP7Q!0BSZ_2)?REF4A9`1;AX,1X?]X4'_X'7PW\&;MZ\.@N/W><)[$;T5 MX1PG*)"(S[#\@!(L4A2"$',IT[>#P=W=W4N>S3!_&;)D`$4=C`X.1Z!#C!-, MY9CQY!1/41;+H]Z7#,5D2G#4"T!I*M[R&7^PH#SE_83'9"VMNO*2\1DD'1X. M"%4-%.(R/6649DE[ADCR@5RF>`")^I`*M!?K-* M*J*ULN\.RY2CP3_?7]SHANY!NP>!;GE$*9.Z__2U\FJ:$CIEQ26X&!/Z^:WZ M9X($OL;3X%Y?X2S&6QI,W1Z$*`ZS6%=QL2J@5Y0PYWAZU(,^ZI>]\0DRO`1E MRA2J08YZ@B1IC,MKB(=&U86FHS=OW@QTJ@'PEV(N"1:#4O2JF=2%[=G+I$;* M=1U7)0^L-%>$IX22[JT%Z?^#6RM&$QQW:RA(^A_<4"G'`DSE#H\AY/@NVDM) M>`O"!^K'Q^OS#0**\329B5RDJ&4HI5H_U;\/A0=`/ M;J`OM/>"WT6U05[OKX-FCF9AF<#1)?U-_VZ8UR)SD6);QG5#TSU?DZ3N.:N' MM7L6P!)S&*K@S=F*JV4WV^K]*QC@4#G'$H8W<1V%U"X+AUM9"%ZLR? V-/ M;)PP*F&T#,I=$#0A,5'V;(5%&-ND8C3Z"4@X)2*,F-#()B"O1C\-1]T0"5Y48OT0O"@D\W;$*7"N<"M6,+2*N76T#KJBM2YXP*9!(7J5;!D4PGOX'(5/30E$ M68Q-[,[N4TQ%&W8"L,/6L3OLBETI.$>!NT63>'WL)&V2=-AU\!2\ MR"7Q>.P/CT0]JEJS*PA[ZE!8#;-&HQ;;LJH[T)5[#%S!P/0XJ65G<]@V?&X" MX1V(BVA`[1Q'-Y*%G]LX$=9)>=6-E%RN0`OFQQX.H@.!B.0DE`4\'Z&YVBP- M%YEUA%YW06@E7PY1H"7T*#F(TBIF.A8B2U)U0WR$ZF_9F9`D01*/$>%_H#AK M"9]2P5`F\71AG;.6P-WDK!X]U<0/E/R!9$&I0:!4"+0.'D)7(&QC4%N+2]V+ MQZ$D"PB"6Z$#[*P3MV%_ MF!,[[8CX=5'GP6DNBY[,$9WA+M2$(\19G$\L3DL#@SUT97(OT M<_F#E0)J6[Z2U'*\#^P905L7]@J1 ME>E3=X-<:H^:\ZA!0,XH:"XNIQ^PO,*+-?!*ER3OOHGD?/C,,P2U?*5`5S%CN?T[#[$`GQT-2)L9S%-[]"$$\4"<$CH3\/S>J).! M:E"D5L].&+5,NA1U*^,1Z-H]!HY@8/JIU/;V_%'+>K\!A'<@SJ%A.(]46-Y> MV(D+[SCVB\684$1#@N)S*B37._QJ4$R)7=]A+)Q7U0>U^CT,>X+AG"Y`,<;7 M3E:QBX"Y?EVKU'?\_CO>&#*0R.K&XE?#EE<_:_7[H8(#-,!/&"#X%H5#^NQ@/G*'!GTRE6+[+BZNXUDGA]_W\K=9A(;OOPMJ'YAL)FZBK):VD" M)7RP+KU'SU'TQCC"',5@X?01LE6:*\X61&SB;HH$D;9/U!FVA56;P"ODUB9. M2UX'L!+>8^<4=N:(W/*,[=:8S`_)]XT"U*'>"8!1B@K&2PIB%MJ=H3,F:56] M>B>_KMEWOP/=;[@5H,#V/-W/ID-9)\%[A[TS<2GGF.?ARHH%ANP:A-?K)T'H M.HL8R7?\_CM^\_0,0[;?[G]M1C=U'/STC*N0K$*6VL468`2S?485,&/XD75F MZH%)_8Y'R"F$FN$'0Y9W&QK[L-&'`RA8CX`=CD+'L=]YL\CL/4>/=CNO\ M&*Y(X6/9&SW2Y'@_M7=VRAZZP3,5LK8>F,B$Y:V-QK+U"I1"#G]T(^5]@W+5?YIZ*5ZC5,?,?TE(ZGJIA4D:8JP MW6#>@*24XD?].FEQQ'0IB6?#-38,GZ40L1R\M[BKK91XQ^,N+TVWHW"Q'*SO M9E*\W]DW*_^;(2XQC]67=;-8'6]9#!34"1P491&1RJ*4Q'SAC&5VXW5CL:$2 M*2ADJHU[U8$9+RJY/#9.8V.X)TV/Y7"J95%S!X"\MWH>*#4]ER;)"T@9+9-44'3R-I/*71\F%@="-9.'G.8LCS(5:,)3+-72L3NH-]2LOFP<_ M=5G^%N32>$B>"V]YW?F#N.S?`\'O-G<9EM<%\ M=5%_*C9A5*=MP4@PSD+;1_^WC7M-ENK;R%Z`U=S\(;GGK M0Q=3Y#*6XXB7"[C7*&EZHYC&L$5GN&H?`=R!8E$*;*]8=SX[K06:K6X M5(BE9XD+P:JW,STX3H-C^*J<'\MS?3^9GFH'A+QK>B8P-1U6SI+EK>9/,4;> MG3D!TC4.,5GHGE@[N$1RR\>6&`.WJL9G,&C MQ*C(VU&,,M^CQ-#E"1R^G+'%(,($RH42AB,H9*,J$T8_/5F50["TL" MZ;(>_]R4K:X#&[[42;U#-6?SU= M((I(J+$9[2+-*E?^L[\JX)%R"!+N+$691_VP((%,^>XBE)GTKT<)T?0>;_(! M),4SI-]E[F)H8\[7CY:D)(2P(@'NH2IRB4?7R?QH@BR?AR#']W M%ZI>RMFJD&TRXCC?):&$/.H5TS$7T+AQ,27S'B<3S*O!_*/NI) M2-(+T$1(#J*4?RM9R=L4'"2+U+CRJ!=EO#AV3F20F,A,_?4[9UEZU,N3$XF3 M7B!U*8<14NZ/FG"[Y!,6JC*->6'R0PM0_'\/*CNKG5Q(&V"&^[*#_"1)J*YUH]F'SNG,= M5PH(,=PFV6NWW!.?,R$F[.X]HIEZ%B%&Y88>6]*XIU`F)(.1[9AEIB(M]YQ5 MX)(:!JWEEK/BW\XYWJC`VDUW5;AC&Q58W7)._%.T()%@U+"EQ@WW1&]^;O** MLR@+9?GEQF5-F8>3/N#K(CS9BZL[55-O.'J'*?R05^H=*$;5R4;%&*7QHM:G MKND?J^Z.??I4?4$8 M)]<8W`^]I(WOY#0;R6XE[2W[E.<"'@K('JHC'1_3@"<,XF\RT96(=\NS)(W9 M4ODU?HW5HQ:!CYB.83B(XO_#B&]KIIV+5Q8[YING5)_=2^07X%" MX=GKH.,9E)BHB/F$":G"&H/9VG/?*;&KR%;"C]5:#+X@"QR=4Z!G1A2)^0>7 M0^A#9;AP!&AR2?Z='W"-[^7M'8X7^#T\P/.V%K%1J*OAXA.45%9L#.FMM-BJ ML.^UI2!4LM=2NK#OM*5T3&.MJ8K2OM>VNF/V6DJ5Y6P[W:MYU1L48R,::[GE M7#Q6.^4>)-%C"6$.,[:G=ZXS(,X#"04^Q?G_Y_2*XQ21 M?1S]K7'DZU*;9I^J!+6E>'C6`<,:>Z"A3G M;X6.,XA@FD0_E,Y!PD%@D7];H%69QCT'%5!1(N/+W]64^3L,T18^COZ5"9FL M'2CYZ<&$CLY=_0-SOE1FX2R.L93O.%/FP2#O@63.]=O_L`A-V!T8A:8FYAWG MA+]`?(9/4+K%$FQ)XIXZM4^CCU%8N)U;"$W?Q2S\7%/JH83VI^UR5619Q>.T M6;Y#@HB;%/Q.=$G_0)PH(:]A;+M5MVW9OM*L5,?YR39AK\NMFTK`J[PH-'M` MPXV9]JU?*O#2?*C6+SOW(+TGT7:KL#&!WU*XJ6<64>D<:BC\P&C8W+19:[XV3V,*8E0:OR)R6RN M9JL7F,,0]GJ$[=I(^-O6NN<%;$O*JN^'YU!]^X;>J>ZOM77D M6[7WF/$I)FK+YSY:_'&U.]'FDX>UGFS0^C*3Z@F,")T]A%R^1P<2ZFT\:F\N MBM4.IH-&'^Q=&NM]DE\I,WW;7GD8RV_;+T^2Y[OJ&6T.W.B4QXKB2'\\P6K7 M&N$;^HK=:GWFPZ`..%V0*3;7ZK]YQ:XM_S_8`.(ASM2\W.T)OB-#5R\NX M^8B7SO**DW`7S+]2_?L&/D%QO'TZ>DL2]R)IM7='W+!,S@TUS%ONB:_.9CRG M:OV#++#:)7LP'/YL:+(UE9M*U> M\_<9)2%)47-ST#>OV-G=1,V64`V`!8SF;D%_`6Q`;=`@M^BSZM*MS;*Y>9]4 MJ+M-=\=NYRP32&T`P0M,FY9E8P+GC$I-TDN*M0')_:XRA]!3X'V+5V;P*>$X ME,S<#?.4,IQKD(\43:6>=U[(X:U;_P/I1.DXYB1\TL9T2N\=RN]1C M,I6XLXZ-U,]&29;Q7;1L)'\N:M[.R2YJ-I,_&S7S]^@Z*KF6V%45\YG,X_OZ M@+;EUE<0/Y)O(Y+D;[Z?/SZJ6A/V5&N_09/RYCZ[(C^R,C]0"?[\?U!+`0(> M`Q0````(`#J'6T+`HWG.S^X``('*#0`0`!@```````$```"D@0````!R9W(M M,C`Q,C$R,S$N>&UL550%``-?@2Y1=7@+``$$)0X```0Y`0``4$L!`AX#%``` M``@`.H=;0AD(VY@O%P```2\!`!0`&````````0```*2!&>\``')G&UL550%``-?@2Y1=7@+``$$)0X```0Y`0``4$L!`AX#%``` M``@`.H=;0KB:S<]I.@``&&UL550%``-?@2Y1=7@+``$$)0X```0Y`0``4$L!`AX#%``` M``@`.H=;0LF9R)((S@``/!@-`!0`&````````0```*2!34$!`')G&UL550%``-?@2Y1=7@+``$$)0X```0Y`0``4$L!`AX#%``` M``@`.H=;0C[NA#Y/80``PG`&`!0`&````````0```*2!HP\"`')G&UL550%``-?@2Y1=7@+``$$)0X```0Y`0``4$L!`AX#%``` M``@`.H=;0F!1`Z[I$P``>`X!`!``&````````0```*2!0'$"`')G`L``00E#@``!#D!``!02P4&``````8`!@`4 )`@`` XML 53 R53.htm IDEA: XBRL DOCUMENT v2.4.0.6
Employee Benefit Plans (Schedule of Funded Status) (Details) (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Employee Benefit Plans [Abstract]    
Funded status $ (19,626) $ (19,082)
Unrecognized net actuarial loss 47,016 43,719
Unrecognized prior service cost      
Net amount recognized $ 27,390 $ 24,637

XML 54 R72.htm IDEA: XBRL DOCUMENT v2.4.0.6
Compensation Plans (Deferred Stock) (Details) (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Deferred Compensation Arrangement with Individual, Share-based Payments [Line Items]      
Compensation expense $ 500 $ 500 $ 300
Non-employee directors [Member] | April 2011 [Member]
     
Deferred Compensation Arrangement with Individual, Share-based Payments [Line Items]      
Deferred stock awards issued     12,902
Non-employee directors [Member] | April 2012 [Member]
     
Deferred Compensation Arrangement with Individual, Share-based Payments [Line Items]      
Deferred stock awards issued   9,487  
Non-employee directors [Member] | April 2013 [Member]
     
Deferred Compensation Arrangement with Individual, Share-based Payments [Line Items]      
Deferred stock awards issued 4,542   17,331
Non-employee directors [Member] | April 2014 [Member]
     
Deferred Compensation Arrangement with Individual, Share-based Payments [Line Items]      
Deferred stock awards issued   12,744  
Non-employee directors [Member] | April 2015 [Member]
     
Deferred Compensation Arrangement with Individual, Share-based Payments [Line Items]      
Deferred stock awards issued 6,102    
XML 55 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
Current Assets    
Cash and cash equivalents $ 30,978 $ 81,056
Trade receivables, net 43,018 42,225
Gross inventories 55,827 49,004
Less LIFO reserve (38,089) (37,476)
Less excess and obsolescence reserve (1,729) (1,311)
Net inventories 16,009 10,217
Deferred income taxes 5,284 5,776
Prepaid expenses and other current assets 1,632 6,968
Total Current Assets 96,921 146,242
Property, plant and equipment 195,713 169,142
Less allowances for depreciation (129,720) (116,195)
Net property, plant and equipment 65,993 52,947
Deferred income taxes 2,004 32
Other assets 9,568 7,289
Total Assets 174,486 206,510
Current Liabilities    
Trade accounts payable and accrued expenses 38,500 28,592
Product liability 720 1,305
Employee compensation and benefits 15,182 14,882
Workers' compensation 4,600 4,600
Income taxes payable 489 217
Total Current Liabilities 59,491 49,596
Accrued pension liability 19,626 19,082
Product liability 337 441
Contingent liabilities - Note 16      
Stockholders' Equity    
Additional paid-in capital 15,531 10,454
Retained earnings 123,442 168,981
Less: Treasury stock - at cost 2012 and 2011 - 4,299,434 shares (37,884) (37,884)
Accumulated other comprehensive loss (29,620) (27,543)
Total Stockholders' Equity 95,032 137,391
Total Liabilities and Stockholders' Equity 174,486 206,510
Nonvoting Common Stock [Member]
   
Stockholders' Equity    
Common Stock      
Voting Common Stock [Member]
   
Stockholders' Equity    
Common Stock $ 23,563 $ 23,383
XML 56 R45.htm IDEA: XBRL DOCUMENT v2.4.0.6
Property, Plant and Equipment (Details) (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
Property, Plant and Equipment [Line Items]    
Property, plant and equipment $ 195,713 $ 169,142
Land and improvements [Member]
   
Property, Plant and Equipment [Line Items]    
Property, plant and equipment 1,308 1,266
Buildings and improvements [Member]
   
Property, Plant and Equipment [Line Items]    
Property, plant and equipment 29,539 27,961
Machinery and equipment [Member]
   
Property, Plant and Equipment [Line Items]    
Property, plant and equipment 133,635 111,558
Dies and tools [Member]
   
Property, Plant and Equipment [Line Items]    
Property, plant and equipment $ 31,231 $ 28,357
XML 57 R6.htm IDEA: XBRL DOCUMENT v2.4.0.6
Statements of Stockholders' Equity (Parentheticals) (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Statements of Stockholder's Equity [Abstract]      
Deferred tax on pension liability $ 1,219 $ 4,133 $ 460
Repurchase of common stock, shares   133,400 412,213
XML 58 R59.htm IDEA: XBRL DOCUMENT v2.4.0.6
Employee Benefit Plans (Schedule of Pension Weighted Average Asset Allocations) (Details)
Dec. 31, 2012
Dec. 31, 2011
Defined Benefit Plan Disclosure [Line Items]    
Asset allocations 100.00% 100.00%
Equity securities [Member]
   
Defined Benefit Plan Disclosure [Line Items]    
Asset allocations 69.00% 67.00%
Debt securities [Member]
   
Defined Benefit Plan Disclosure [Line Items]    
Asset allocations 25.00% 27.00%
Domestic real estate funds [Member]
   
Defined Benefit Plan Disclosure [Line Items]    
Asset allocations 5.00% 5.00%
Money market fund [Member]
   
Defined Benefit Plan Disclosure [Line Items]    
Asset allocations 1.00% 1.00%
XML 59 R35.htm IDEA: XBRL DOCUMENT v2.4.0.6
Income Taxes (Tables)
12 Months Ended
Dec. 31, 2012
Income Taxes [Abstract]  
Schedule of Federal and State Income Tax Provision
Year ended December 31,   2012     2011     2010  
    Current     Deferred     Current     Deferred     Current     Deferred  
Federal   $ 34,941     $ (327 )   $ 11,371     $ 7,948     $ 11,675     $ 1,112  
State     6,635       231       3,926       256       2,814       293  
    $ 41,576     $ (96 )   $ 15,297     $ 8,204     $ 14,489     $ 1,405  

 

Schedule of Effective Income Tax Rate Reconciliation

 

Year ended December 31,   2012     2011     2010  
Statutory federal income tax rate     35.0 %     35.0 %     35.0 %
State income taxes, net of federal tax benefit     4.0       4.3       4.6  
Domestic production activities deduction     (3.0 )     (1.8 )     (2.7 )
Other items     1.0       (0.5 )     (0.9 )
Effective income tax rate     37.0 %     37.0 %     36.0 %

 

Schedule of Deferred Tax Assets and Liabilities
December 31,   2012     2011  
Deferred tax assets:                
Product liability   $ 391     $ 646  
Employee compensation and benefits     3,343       3,374  
Allowances for doubtful accounts and discounts     1,123       1,625  
Inventories     688       533  
Additional minimum pension liability     17,396       16,176  
Stock-based compensation     2,116       1,089  
Other     859       259  
Total deferred tax assets     25,916       23,702  
Deferred tax liabilities:                
Pension plans     10,205       9,217  
Depreciation     8,069       8,401  
Other     354       276  
Total deferred tax liabilities     18,628       17,894  
Net deferred tax assets   $ 7,288     $ 5,808  

 

XML 60 R65.htm IDEA: XBRL DOCUMENT v2.4.0.6
Income Taxes (Narrative) (Details) (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Income Taxes [Abstract]      
Income tax payments $ 33,000 $ 16,400 $ 14,600
XML 61 R22.htm IDEA: XBRL DOCUMENT v2.4.0.6
Quarterly Results of Operations (Unaudited)
12 Months Ended
Dec. 31, 2012
Quarterly Results of Operations (Unaudited) [Abstract]  
Quarterly Results of Operations (Unaudited)
  15. Quarterly Results of Operations (Unaudited)

 

The following is a tabulation of the unaudited quarterly results of operations for the two years ended December 31, 2012:

 

    Three Months Ended  
    3/31/12     6/30/12     9/29/12     12/31/12  
Net Sales   $ 112,337     $ 119,569     $ 118,152     $ 141,766  
Gross profit     41,793       45,134       42,565       49,461  
Net income     15,480       18,014       17,349       19,786  
Basic earnings per share     0.81       0.94       0.91       1.03  
Diluted earnings per share   $ 0.79     $ 0.91     $ 0.88     $ 1.00  

 

    Three Months Ended  
    4/02/11     7/02/11     10/01/11     12/31/11  
Net Sales   $ 75,441     $ 79,622     $ 80,512     $ 93,241  
Gross profit     23,995       28,465       29,127       30,172  
Net income     7,947       10,813       10,737       10,518  
Basic earnings per share     0.42       0.57       0.57       0.55  
Diluted earnings per share   $ 0.42     $ 0.56     $ 0.56     $ 0.54  

 

XML 62 R36.htm IDEA: XBRL DOCUMENT v2.4.0.6
Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2012
Earnings Per Share [Abstract]  
Schedule of Reconciliation of Numerator and Denominator for Basic and Diluted Earnings Per Share

 

Year ended December 31,   2012     2011     2010  
                   
Numerator:                        
Net income   $ 70,629     $ 40,015     $ 28,255  
Denominator:                        
Weighted average number of common shares outstanding - Basic     19,160,849       18,919,489       19,032,557  
Dilutive effect of options and restricted stock units outstanding under the Company's employee compensation plans     474,392       232,909       266,636  
Weighted average number of common shares outstanding - Diluted     19,635,241       19,152,398       19,299,193  

 

XML 63 R24.htm IDEA: XBRL DOCUMENT v2.4.0.6
Financial Instruments
12 Months Ended
Dec. 31, 2012
Financial Instruments [Abstract]  
Financial Instruments
  17. Financial Instruments

 

The Company does not hold or issue financial instruments for trading or hedging purposes, nor does it hold interest rate, leveraged, or other types of derivative financial instruments. Fair values of accounts receivable, accounts payable, accrued expenses and income taxes payable reflected in the December 31, 2012 and 2011 balance sheets approximate carrying values at those dates.

XML 64 R68.htm IDEA: XBRL DOCUMENT v2.4.0.6
Stock Repurchases (Narrative) (Details) (USD $)
In Thousands, unless otherwise specified
6 Months Ended 12 Months Ended
Jan. 29, 2011
Dec. 31, 2012
Equity, Class of Treasury Stock [Line Items]    
Amount authorized for share repurchases $ 8,000 $ 8,000
XML 65 Show.js IDEA: XBRL DOCUMENT /** * Rivet Software Inc. * * @copyright Copyright (c) 2006-2011 Rivet Software, Inc. All rights reserved. * Version 2.1.0.1 * */ var moreDialog = null; var Show = { Default:'raw', more:function( obj ){ var bClosed = false; if( moreDialog != null ) { try { bClosed = moreDialog.closed; } catch(e) { //Per article at http://support.microsoft.com/kb/244375 there is a problem with the WebBrowser control // that somtimes causes it to throw when checking the closed property on a child window that has been //closed. So if the exception occurs we assume the window is closed and move on from there. bClosed = true; } if( !bClosed ){ moreDialog.close(); } } obj = obj.parentNode.getElementsByTagName( 'pre' )[0]; var hasHtmlTag = false; var objHtml = ''; var raw = ''; //Check for raw HTML var nodes = obj.getElementsByTagName( '*' ); if( nodes.length ){ objHtml = obj.innerHTML; }else{ if( obj.innerText ){ raw = obj.innerText; }else{ raw = obj.textContent; } var matches = raw.match( /<\/?[a-zA-Z]{1}\w*[^>]*>/g ); if( matches && matches.length ){ objHtml = raw; //If there is an html node it will be 1st or 2nd, // but we can check a little further. var n = Math.min( 5, matches.length ); for( var i = 0; i < n; i++ ){ var el = matches[ i ].toString().toLowerCase(); if( el.indexOf( '= 0 ){ hasHtmlTag = true; break; } } } } if( objHtml.length ){ var html = ''; if( hasHtmlTag ){ html = objHtml; }else{ html = ''+ "\n"+''+ "\n"+' Report Preview Details'+ "\n"+' '+ "\n"+''+ "\n"+''+ objHtml + "\n"+''+ "\n"+''; } moreDialog = window.open("","More","width=700,height=650,status=0,resizable=yes,menubar=no,toolbar=no,scrollbars=yes"); moreDialog.document.write( html ); moreDialog.document.close(); if( !hasHtmlTag ){ moreDialog.document.body.style.margin = '0.5em'; } } else { //default view logic var lines = raw.split( "\n" ); var longest = 0; if( lines.length > 0 ){ for( var p = 0; p < lines.length; p++ ){ longest = Math.max( longest, lines[p].length ); } } //Decide on the default view this.Default = longest < 120 ? 'raw' : 'formatted'; //Build formatted view var text = raw.split( "\n\n" ) >= raw.split( "\r\n\r\n" ) ? raw.split( "\n\n" ) : raw.split( "\r\n\r\n" ) ; var formatted = ''; if( text.length > 0 ){ if( text.length == 1 ){ text = raw.split( "\n" ) >= raw.split( "\r\n" ) ? raw.split( "\n" ) : raw.split( "\r\n" ) ; formatted = "

"+ text.join( "

\n" ) +"

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

" + text[p] + "

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

' + raw + '

'; } html = ''+ "\n"+''+ "\n"+' Report Preview Details'+ "\n"+' '+ "\n"+''+ "\n"+''+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+'
'+ "\n"+' formatted: '+ ( this.Default == 'raw' ? 'as Filed' : 'with Text Wrapped' ) +''+ "\n"+'
'+ "\n"+' '+ "\n"+'
'+ "\n"+' '+ "\n"+'
'+ "\n"+''+ "\n"+''; moreDialog = window.open("","More","width=700,height=650,status=0,resizable=yes,menubar=no,toolbar=no,scrollbars=yes"); moreDialog.document.write(html); moreDialog.document.close(); this.toggle( moreDialog ); } moreDialog.document.title = 'Report Preview Details'; }, toggle:function( win, domLink ){ var domId = this.Default; var doc = win.document; var domEl = doc.getElementById( domId ); domEl.style.display = 'block'; this.Default = domId == 'raw' ? 'formatted' : 'raw'; if( domLink ){ domLink.innerHTML = this.Default == 'raw' ? 'with Text Wrapped' : 'as Filed'; } var domElOpposite = doc.getElementById( this.Default ); domElOpposite.style.display = 'none'; }, LastAR : null, showAR : function ( link, id, win ){ if( Show.LastAR ){ Show.hideAR(); } var ref = link; do { ref = ref.nextSibling; } while (ref && ref.nodeName != 'TABLE'); if (!ref || ref.nodeName != 'TABLE') { var tmp = win ? win.document.getElementById(id) : document.getElementById(id); if( tmp ){ ref = tmp.cloneNode(true); ref.id = ''; link.parentNode.appendChild(ref); } } if( ref ){ ref.style.display = 'block'; Show.LastAR = ref; } }, toggleNext : function( link ){ var ref = link; do{ ref = ref.nextSibling; }while( ref.nodeName != 'DIV' ); if( ref.style && ref.style.display && ref.style.display == 'none' ){ ref.style.display = 'block'; if( link.textContent ){ link.textContent = link.textContent.replace( '+', '-' ); }else{ link.innerText = link.innerText.replace( '+', '-' ); } }else{ ref.style.display = 'none'; if( link.textContent ){ link.textContent = link.textContent.replace( '-', '+' ); }else{ link.innerText = link.innerText.replace( '-', '+' ); } } }, hideAR : function(){ Show.LastAR.style.display = 'none'; } }
XML 66 R7.htm IDEA: XBRL DOCUMENT v2.4.0.6
Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Operating Activities      
Net income $ 70,629 $ 40,015 $ 28,255
Adjustments to reconcile net income to cash provided by operating activities:      
Depreciation and amortization 14,888 12,148 9,207
Stock-based compensation 4,718 2,953 2,589
Excess and obsolescence inventory reserve 761 (234) (1,057)
Loss (gain) on sale of assets (944) (26) 22
Deferred income taxes (1,480) 8,205 493
Impairment charge (1,134)      
Changes in operating assets and liabilities:      
Trade receivables (793) (10,660) (6,516)
Inventories (6,553) (156) 888
Trade accounts payable and accrued expenses 9,908 11,807 3,932
Employee compensation and benefits (4,345) 3,959 (1,967)
Product liability (689) 724 (1,060)
Prepaid expenses, other assets and other liabilities 1,947 (10,961) (1,333)
Income taxes payable 272 (365) (962)
Cash provided by operating activities 87,185 57,409 32,491
Investing Activities      
Property, plant and equipment additions (27,282) (22,135) (19,409)
Purchases of short-term investments (59,966) (122,978) (164,966)
Proceeds from sales or maturities of short-term investments 59,966 175,471 163,214
Proceeds from sale of assets 1,003 319 21
Cash (used for) provided by investing activities (26,279) 30,677 (21,140)
Financing Activities      
Dividends paid (111,523) (8,159) (6,317)
Tax benefit from exercise of stock options 3,474 3,855 1,923
Repurchase of common stock    (1,999) (5,718)
Payment of employee withholding tax related to share-based compensation (3,083) (5,859) (1,115)
Proceeds from exercise of stock options 148      
Cash used for financing activities (110,984) (12,162) (11,227)
(Decrease) increase in cash and cash equivalents (50,078) 75,924 124
Cash and cash equivalents at beginning of period 81,056 5,132 5,008
Cash and cash equivalents at end of period $ 30,978 $ 81,056 $ 5,132
XML 67 R3.htm IDEA: XBRL DOCUMENT v2.4.0.6
Balance Sheets (Parenthetical) (USD $)
Dec. 31, 2012
Dec. 31, 2011
Treasury stock, shares 4,299,434 4,299,434
Nonvoting Common Stock [Member]
   
Common Stock, par value per share 1.0 1.0
Common Stock, shares authorized 50,000 50,000
Common Stock, shares issued      
Voting Common Stock [Member]
   
Common Stock, par value per share 1.0 1.0
Common Stock, shares authorized 40,000,000 40,000,000
Common Stock, shares issued 23,562,422 23,382,566
Common Stock, shares outstanding 19,262,988 19,083,132
XML 68 R17.htm IDEA: XBRL DOCUMENT v2.4.0.6
Income Taxes
12 Months Ended
Dec. 31, 2012
Income Taxes [Abstract]  
Income Taxes
  10. Income Taxes

 

The Company files income tax returns in the U.S. federal jurisdiction and various state jurisdictions. With few exceptions, the Company is no longer subject to U.S. federal and state income tax examinations by tax authorities for years before 2008.

 

The federal and state income tax provision consisted of the following:

 

Year ended December 31,   2012     2011     2010  
    Current     Deferred     Current     Deferred     Current     Deferred  
Federal   $ 34,941     $ (327 )   $ 11,371     $ 7,948     $ 11,675     $ 1,112  
State     6,635       231       3,926       256       2,814       293  
    $ 41,576     $ (96 )   $ 15,297     $ 8,204     $ 14,489     $ 1,405  

 

The effective income tax rate varied from the statutory federal income tax rate as follows:

 

Year ended December 31,   2012     2011     2010  
Statutory federal income tax rate     35.0 %     35.0 %     35.0 %
State income taxes, net of federal tax benefit     4.0       4.3       4.6  
Domestic production activities deduction     (3.0 )     (1.8 )     (2.7 )
Other items     1.0       (0.5 )     (0.9 )
Effective income tax rate     37.0 %     37.0 %     36.0 %

 

Significant components of the Company's deferred tax assets and liabilities are as follows:

 

December 31,   2012     2011  
Deferred tax assets:                
Product liability   $ 391     $ 646  
Employee compensation and benefits     3,343       3,374  
Allowances for doubtful accounts and discounts     1,123       1,625  
Inventories     688       533  
Additional minimum pension liability     17,396       16,176  
Stock-based compensation     2,116       1,089  
Other     859       259  
Total deferred tax assets     25,916       23,702  
Deferred tax liabilities:                
Pension plans     10,205       9,217  
Depreciation     8,069       8,401  
Other     354       276  
Total deferred tax liabilities     18,628       17,894  
Net deferred tax assets   $ 7,288     $ 5,808  

 

Changes in deferred tax assets relating to the additional minimum pension liability are not charged to expense and are therefore not included in the deferred tax provision; instead they are charged to other comprehensive income.

 

The Company made income tax payments of approximately $33.0 million, $16.4 million, and $14.6 million, during 2012, 2011, and 2010, respectively. The Company expects to realize its deferred tax assets through tax deductions against future taxable income or carry back against taxes previously paid.

 

The Company does not believe it has included any "uncertain tax positions" in its federal income tax return or any of the state income tax returns it is currently filing. The Company has made an evaluation of the potential impact of additional state taxes being assessed by jurisdictions in which the Company does not currently consider itself liable. The Company does not anticipate that such additional taxes, if any, would result in a material change to its financial position.

 

XML 69 R1.htm IDEA: XBRL DOCUMENT v2.4.0.6
Document and Entity Information (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Feb. 15, 2013
Jun. 30, 2012
Document and Entity Information [Abstract]      
Document Type 10-K    
Amendment Flag false    
Document Period End Date Dec. 31, 2012    
Entity Registrant Name STURM RUGER & CO INC    
Entity Central Index Key 0000095029    
Trading Symbol RGR    
Current Fiscal Year End Date --12-31    
Document Fiscal Year Focus 2012    
Document Fiscal Period Focus FY    
Entity Filer Category Large Accelerated Filer    
Entity Voluntary Filers No    
Entity Well-Known Seasoned Issuer No    
Entity Current Reporting Status Yes    
Entity Common Stock, Shares Outstanding   19,263,000  
Entity Public Float     $ 743,661,000
XML 70 R18.htm IDEA: XBRL DOCUMENT v2.4.0.6
Earnings Per Share
12 Months Ended
Dec. 31, 2012
Earnings Per Share [Abstract]  
Earnings Per Share
  11. Earnings Per Share

 

Set forth below is a reconciliation of the numerator and denominator for basic and diluted earnings per share calculations for the periods indicated:

 

Year ended December 31,   2012     2011     2010  
                   
Numerator:                        
Net income   $ 70,629     $ 40,015     $ 28,255  
Denominator:                        
Weighted average number of common shares outstanding - Basic     19,160,849       18,919,489       19,032,557  
Dilutive effect of options and restricted stock units outstanding under the Company's employee compensation plans     474,392       232,909       266,636  
Weighted average number of common shares outstanding - Diluted     19,635,241       19,152,398       19,299,193  

 

The dilutive effect of outstanding options and restricted stock units is calculated using the treasury stock method. The weighted average number of common shares outstanding decreased from the previous year in 2011 and 2010 as a result of the Company's stock repurchase plans, which were authorized by the Board of Directors in 2008 and 2010. See Note 12 for further information.

 

There are no anti-dilutive stock options in 2012, 2011, and 2010 because the closing price of the Company's stock on December 31, 2012, 2011, and 2010 exceeded the strike price of all outstanding options on that date.

XML 71 R80.htm IDEA: XBRL DOCUMENT v2.4.0.6
Subsequent Events (Details) (Subsequent Event [Member], USD $)
Feb. 11, 2013
Subsequent Event [Member]
 
Subsequent Event [Line Items]  
Dividend authorized $ 0.404
XML 72 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
Statements of Income and Comprehensive Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Segment Reporting Information [Line Items]      
Net Sales $ 491,824 $ 328,816 $ 255,206
Cost of products sold 312,871 217,058 171,224
Gross profit 178,953 111,758 83,982
Operating expenses:      
Selling 38,363 28,691 23,517
General and administrative 29,231 20,970 16,652
Other operating expenses (income), net 293 (319) 420
Total operating expenses 67,887 49,342 40,589
Operating income 111,066 62,416 43,393
Other income:      
Royalty income 824 873 429
Interest income 34 29 48
Interest expense (95) (110) (143)
Other income, net 280 308 422
Total other income, net 1,043 1,100 756
Income before income taxes 112,109 63,516 44,149
Income taxes 41,480 23,501 15,894
Net income 70,629 40,015 28,255
Other comprehensive (loss) income, net of tax:      
Defined benefit pension plans (2,077) (7,895) 714
Comprehensive income 68,552 32,120 28,969
Basic earnings per share $ 3.69 $ 2.12 $ 1.48
Fully diluted earnings per share $ 3.6 $ 2.09 $ 1.46
Cash dividends per share $ 5.8 $ 0.43 $ 0.33
Firearms [Member]
     
Segment Reporting Information [Line Items]      
Net Sales 484,933 324,200 251,680
Other income:      
Income before income taxes 113,660 66,484 48,160
Net castings sales [Member]
     
Segment Reporting Information [Line Items]      
Net Sales $ 6,891 $ 4,616 $ 3,526
XML 73 R12.htm IDEA: XBRL DOCUMENT v2.4.0.6
Other Assets
12 Months Ended
Dec. 31, 2012
Other Assets [Abstract]  
Other Assets
  5. Other Assets

 

Other assets consist of the following:

 

December 31,   2012     2011  
             
Patents, at cost   $ 5,021     $ 4,900  
Accumulated amortization     (2,826 )     (2,583 )
Deposits on capital items     3,934       1,618  
Software development costs, at cost     2,057       2,057  
Accumulated amortization     (498 )     (146 )
Investment in equity securities, carried at cost     125       969  
Investment in equity securities, equity method     1,206       -  
Other     549       474  
    $ 9,568     $ 7,289  

 

The capitalized cost of patents is amortized using the straight-line method over their useful lives. The cost of patent amortization was $0.2 million in each 2012, 2011, and 2010. The estimated annual patent amortization cost for each of the next five years is $0.2 million. Costs incurred to maintain existing patents are charged to expense in the year incurred.

 

Software development costs were incurred to develop and implement an integrated ERP system prior to the time the system became operational. These costs are being amortized using the straight line method over a period of sixty months. Costs incurred subsequent to the system becoming operational are being expensed. The cost of software development cost amortization was $0.4 million and $0.1 million in 2012 and 2011, respectively. There was no amortization for software development costs in 2010.

 

The investment in equity securities carried at cost was evaluated for impairment as of December 31, 2012 and it was determined that the investment has been impaired and that the impairment is other than temporary. As a result, the Company recognized an impairment loss of $1.1 million in 2012.

 

The investment in equity securities accounted for on the equity method of accounting consists of a 29% interest in a crossbow manufacturer. The Company recognized an immaterial loss related to this investment in 2012 and did not receive any dividends from this investment in 2012.

XML 74 R11.htm IDEA: XBRL DOCUMENT v2.4.0.6
Property, Plant and Equipment
12 Months Ended
Dec. 31, 2012
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment
  4. Property, Plant and Equipment

 

Property, plant and equipment consist of the following:

 

December 31,   2012     2011  
             
Land and improvements   $ 1,308     $ 1,266  
Buildings and improvements     29,539       27,961  
Machinery and equipment     133,635       111,558  
Dies and tools     31,231       28,357  
    $ 195,713     $ 169,142  

 

XML 75 R23.htm IDEA: XBRL DOCUMENT v2.4.0.6
Contingent Liabilities
12 Months Ended
Dec. 31, 2012
Contingent Liabilities [Abstract]  
Contingent Liabilities
  16. Contingent Liabilities

 

As of December 31, 2012, the Company was a defendant in approximately two (2) lawsuits and was aware of certain other such claims. Lawsuits in which the Company is involved generally fall into one of three categories: traditional product litigation, municipal litigation, and commercial litigation, discussed in turn below.

 

Traditional Product Liability Litigation

 

One of the two lawsuits mentioned above involves claims for damages related to allegedly defective product design and/or manufacture and/or inadequate warnings. The lawsuit stems from a specific incident of personal injury and is based on traditional product liability theories such as strict liability, negligence and/or breach of warranty. The Company management believes that the allegations in this case are unfounded, and that the incident was caused by the negligence and/or misuse of the firearm by third parties or the claimant, and that there should be no recovery against the Company.

 

Municipal Litigation

 

Municipal litigation generally includes those cases brought by cities or other governmental entities and individuals against firearms manufacturers, distributors and retailers seeking to recover damages allegedly arising out of the misuse of firearms by third-parties in the commission of homicides, suicides and other shootings involving juveniles and adults.

 

The only remaining lawsuit of this type was filed by the City of Gary in Indiana State Court over ten years ago. The complaint seeks damages, among other things, for the costs of medical care, police and emergency services, public health services, and other services as well as punitive damages. In addition, nuisance abatement and/or injunctive relief is sought to change the design, manufacture, marketing, and distribution practices of the various defendants. The suit alleges, among other claims, negligence in the design of products, public nuisance, negligent distribution and marketing, negligence per se and deceptive advertising. The case does not allege a specific injury to a specific individual as a result of the misuse or use of any of the Company's products.

 

After a long procedural history, the case was scheduled for trial on June 15, 2009. The case was not tried on that date and no subsequent scheduling order was entered. There has been no activity since that time.

 

Commercial Litigation

 

From time to time, the Company may be involved in commercial disputes that result in litigation. These disputes run the gamut and may involve intellectual property, real property, supply or distribution agreements, contract disputes, or other, general commercial matters. As of December 31, 2012, the Company was not involved in any such lawsuits.

 

Summary of Claimed Damages and Explanation of Product Liability Accruals

 

Punitive damages, as well as compensatory damages, are demanded in certain of the lawsuits and claims. Aggregate claimed amounts presently exceed product liability accruals and applicable insurance coverage. For claims made after July 10, 2000, coverage is provided on an annual basis for losses exceeding $5 million per claim, or an aggregate maximum loss of $10 million annually, except for certain new claims which might be brought by governments or municipalities after July 10, 2000, which are excluded from coverage.

 

The Company management monitors the status of known claims and the product liability accrual, which includes amounts for asserted and unasserted claims. While it is not possible to forecast the outcome of litigation or the timing of costs, in the opinion of management, after consultation with special and corporate counsel, there is a remote likelihood that litigation, including punitive damage claims, will have a material adverse effect on the financial position of the Company, but may have a material impact on the Company's financial results for a particular period.

 

Product liability claim payments are made when appropriate if, as, and when claimants and the Company reach agreement upon an amount to finally resolve all claims. Legal costs are paid as the lawsuits and claims develop, the timing of which may vary greatly from case to case. A time schedule cannot be determined in advance with any reliability concerning when payments will be made in any given case.

 

Provision is made for product liability claims based upon many factors related to the severity of the alleged injury and potential liability exposure, based upon prior claim experience. Because our experience in defending these lawsuits and claims is that unfavorable outcomes are typically not probable or estimable, only in rare cases is an accrual established for such costs. In most cases, an accrual is established only for estimated legal defense costs. Product liability accruals are periodically reviewed to reflect then-current estimates of possible liabilities and expenses incurred to date and reasonably anticipated in the future. Threatened product liability claims are reflected in our product liability accrual on the same basis as actual claims; i.e., an accrual is made for reasonably anticipated possible liability and claims-handling expenses on an ongoing basis.

 

A range of reasonably possible loss relating to unfavorable outcomes cannot be made. However, in product liability cases in which a dollar amount of damages is claimed, the amount of damages claimed, which totaled $0.0 million and $5.4 million at December 31, 2012 and 2011, respectively, are set forth as an indication of possible maximum liability that the Company might be required to incur in these cases (regardless of the likelihood or reasonable probability of any or all of this amount being awarded to claimants) as a result of adverse judgments that are sustained on appeal.

 

As of December 31, 2012 and 2011, the Company was a defendant in 2 and 3 lawsuits, respectively, involving its products and is aware of other such claims. During 2012 and 2011, respectively, 2 and 1 claims were filed against the Company, 3 and 0 claims were dismissed, and no claims were settled in either year.

 

The Company's product liability expense was $0.2 million in 2012 and $1.6 million in 2011. This expense includes the cost of outside legal fees, insurance, and other expenses incurred in the management and defense of product liability matters.

 

A roll-forward of the product liability reserve and detail of product liability expense for the three years ended December 31, 2012 follows:

 

Balance Sheet Roll-forward for Product Liability Reserve

 

                Cash Payments        
   

Balance

Beginning

of Year (a)

    Accrued
Legal
Expense
(Income)
(b)
    Legal Fees
(c)
    Settlements
(d)
    Balance End
of Year (a)
 
                               
2010     2,082       (834 )     (64 )     (162 )     1,022  
                                         
2011     1,022       755       (31 )     -       1,746  
                                         
2012     1,746       (633 )     (52 )     (4 )     1,057  

 

Income Statement Detail for Product Liability Expense

 

    Accrued
Legal
Expense (b)
    Insurance
Premium
Expense (e)
    Total
Product
Liability
Expense
 
                   
2010     (834 )     843       9  
                         
2011     755       862       1,617  
                         
2012     (633 )     810       177  

 

Notes

 

  (a) The beginning and ending liability balances represent accrued legal fees only. Settlements and administrative costs are expensed as incurred. Only in rare instances is an accrual established for settlements.

 

  (b) The expense accrued in the liability is for legal fees only. In 2010 and 2012, the costs incurred related to cases that were settled or dismissed were less than the amounts accrued for these cases in prior years.

 

  (c) Legal fees represent payments to outside counsel related to product liability matters.

 

  (d) Settlements represent payments made to plaintiffs or allegedly injured parties in exchange for a full and complete release of liability.

 

  (e) Insurance expense represents the cost of insurance premiums.

 

There were no insurance recoveries during any of the above years.

 

XML 76 R19.htm IDEA: XBRL DOCUMENT v2.4.0.6
Stock Repurchases
12 Months Ended
Dec. 31, 2012
Stock Repurchases [Abstract]  
Stock Repurchases
12. Stock Repurchases

 

In the third quarter of 2010 and the first quarter of 2011 the Company repurchased shares of its common stock. Details of these purchases are as follows:

 

Period   Total
Number of
Shares
Purchased
    Average
Price Paid
per Share
    Total
Number of
Shares
Purchased as
Part of
Publicly
Announced
Program
    Maximum
Dollar Value
of Shares that
May Yet Be
Purchased
Under the
Program
 
8/3/10-8/31/10     339,000     $ 14.08       339,000          
9/1/10-9/22/10     73,000     $ 12.92       73,000          
1/4/11-1/29/11     133,400     $ 14.94       133,400          
Total     545,400     $ 14.15       545,400     $ 8,000,000  

 

All of these purchases were made with cash held by the Company and no debt was incurred.

 

At December 31, 2012, $8.0 million remained authorized for share repurchases.

XML 77 R15.htm IDEA: XBRL DOCUMENT v2.4.0.6
Employee Benefit Plans
12 Months Ended
Dec. 31, 2012
Employee Benefit Plans [Abstract]  
Employee Benefit Plans
  8. Employee Benefit Plans

 

The Company has migrated its retirement benefits from defined-benefit pension plans to defined-contribution retirement plans, utilizing its current 401(k) plan. The Company sponsored two qualified defined-benefit pension plans that covered substantially all employees. A third defined-benefit pension plan is non-qualified and covered certain executive officers of the Company. The Company also sponsors a defined-contribution 401(k) plan that covers substantially all employees.

 

Defined-Benefit Plans

 

In 2007, the Company amended its hourly and salaried defined-benefit pension plans so that employees no longer accrued benefits under them after December 31, 2007. This action "froze" the benefits for all employees and prevented future hires from joining the plans, effective December 31, 2007. Currently, the Company provides supplemental discretionary contributions to substantially all employees' individual 401(k) accounts.

 

Minimum contributions of $2.6 million were required for the defined-benefit plans for 2012. The Company contributed $3 million and $2 million in 2012 and 2011, respectively.

 

In future years, the Company may again be required to make cash contributions to the two defined-benefit pension plans. The annual contributions will be based on the amount of the unfunded plan liabilities derived from the frozen benefits and will not include liabilities for any future accrued benefits for any new or existing participants. The total amount of these future cash contributions will depend on the investment returns generated by the plans' assets and the then-applicable discount rates used to calculate the plans' liabilities.

 

The Company plans to contribute approximately $3 million in 2013, but will increase the amount of the contribution if required to do so. The intent of these contributions is to reduce the amount of time that the Company will be required to continue to operate the frozen plans. The ongoing cost of running the plans (even if frozen) is approximately $0.4 million per year, which includes PBGC premiums, actuary and audit fees, and other expenses.

 

The measurement dates of the assets and liabilities of all plans presented for 2012 and 2011 were December 31, 2012 and December 31, 2011, respectively.

 

Summarized information on the Company's defined-benefit pension plans is as follows:

 

Obligations and Funded Status at December 31,   2012     2011  
             
Change in Benefit Obligation                
Benefit obligation at beginning of year   $ 77,230     $ 68,793  
Service cost     -       -  
Interest cost     3,574       3,545  
Actuarial loss     7,745       7,662  
Benefits paid     (3,033 )     (2,770 )
Benefit obligation at end of year     85,516       77,230  
                 
Change in Plan Assets                
Fair value of plan assets at beginning of year     58,148       59,423  
Actual return on plan assets     7,619       (661 )
Employer contributions     3,156       2,156  
Benefits paid     (3,033 )     (2,770 )
Fair value of plan assets at end of year     65,890       58,148  
                 
Funded Status                
Funded status     (19,626 )     (19,082 )
Unrecognized net actuarial loss     47,016       43,719  
Unrecognized prior service cost     -       -  
Net amount recognized   $ 27,390     $ 24,637  

 

Weighted Average Assumptions for the years ended December 31,   2012     2011  
Discount rate     4.75 %     5.25 %
Expected long-term return on plan assets     8.00 %     8.00 %
Rate of compensation increases     N/A       N/A  

 

Components of Net Periodic Pension Cost   2012     2011  
Service cost   $ -     $ -  
Interest cost     3,574       3,545  
Expected return on assets     (4,650 )     (4,738 )
Recognized gains     1,481       1,034  
Prior service cost recognized     -       -  
Net periodic pension cost   $ 405     $ (159 )

 

Amounts Recognized on the Balance Sheet   2012     2011  
Accrued benefit liability   $ (19,626 )   $ (19,082 )
Accumulated other comprehensive loss, net of tax     29,620       27,543  
Deferred tax asset     17,396       16,176  
    $ 27,390     $ 24,637  

 

Weighted Average Assumptions as of December 31,   2012     2011  
Discount rate     4.00 %     4.75 %
Rate of compensation increases     N/A       N/A  

 

Information for Pension Plans with an Accumulated Benefit
Obligation in excess of plan assets
  2012     2011  
Projected benefit obligation   $ 85,516     $ 77,230  
Accumulated benefit obligation   $ 85,516     $ 77,230  
Fair value of plan assets   $ 65,890     $ 58,148  

 

Pension Weighted Average Asset Allocations as of December 31,   2012     2011  
Debt securities     25 %     27 %
Equity securities     69 %     67 %
Real estate     5 %     5 %
Money market funds     1 %     1 %
      100 %     100 %

 

The estimated future benefit payments for the defined-benefit plans for each of the next five years and the total amount for years six through ten, are as follows: 2013-$3.4 million, 2014-$3.6 million, 2015-$3.8 million, 2016-$4.0 million, 2017-$4.1 million and for the five year period ending 2021-$22.7 million.

 

The Company determines the expected return on plan assets based on the target asset allocations. In addition, the historical returns of the plan assets are also considered in arriving at the expected rate of return.

 

The Company recorded an additional minimum pension liability adjustment, net of tax, which decreased comprehensive income by $2.1 million and $7.9 million in 2012 and 2011 and increased comprehensive income by $0.7 million in 2010, respectively.

 

Plan Assets

 

The current investment objective is to produce income and long-term appreciation through a target asset allocation of 35% debt securities and other fixed income investments including cash and short-term instruments, and 65% equity investments, to provide for the current and future benefit payments of the plans. The pension plans are not invested in the common stock of the Company.

 

The Company adopted the provisions of the Financial Accounting Standard Board's Accounting Standards Codification 821.10 ("ASC 820.10") which defines fair value, establishes a framework for measuring fair value in generally accepted accounting principles, and expands disclosures about fair value measurements. The Company has determined that all financial assets of both its defined-benefit pension plans are level 2 in the fair value hierarchy established by ASC 820.10. The valuation of level 2 assets are based on inputs, other than quoted prices in active markets, that are either directly or indirectly observable for the assets.

 

The disclosures focus on the inputs used to measure fair value. The following is a description of the valuation methodologies used to measure the plans' assets at fair value:

 

Pooled separate accounts: Valued at the net asset value ("NAV") of units held by the plans at year end, which is determined by aggregating the quoted market values of the underlying assets.

 

Money market funds: Valued at the NAV of shares held by the plans at year end, which is generally intended to equal one dollar per share.

 

The following table sets forth the defined-benefit plans' assets at fair value:

 

December 31,   2012     2011  
             
Pooled separate accounts:                
Equity securities:                
U.S. small cap equity funds   $ 7,637     $ 6,742  
U.S. mid-cap equity funds     18,626       16,037  
U.S. large-cap equity funds     5,848       5,236  
International equity funds     13,083       11,229  
Domestic real estate funds     3,640       3,136  
Fixed income securities:                
Corporate bond funds     16,510       15,459  
Money market fund     546       309  
    $ 65,890     $ 58,148  

 

Defined-Contribution Plans

 

Prior to 2007, the Company also sponsored two qualified defined-contribution plans that covered substantially all of its hourly and salaried employees. Effective January 1, 2007, the qualified defined-contribution plans were merged into a single 401(k) plan. Under the terms of the 401(k) plan, the Company matches a certain portion of employee contributions. Expenses related to matching employee contributions to the 401(k) plan were $2.3 million, $2.0 million, and $1.8 million in 2012, 2011, and 2010, respectively.

 

Additionally, in 2012, 2011, and 2010 the Company provided supplemental discretionary contributions to the individual 401(k) accounts of substantially all employees. Each employee received a supplemental contribution to their account based on a uniform percentage of qualifying compensation established annually. The cost of these supplemental contributions totaled $3.3 million, $2.1 million, and $1.8 million in 2012, 2011, and 2010, respectively.

 

Non-Qualified Plan

 

The Company also sponsors a non-qualified defined-contribution plan, the Supplemental Executive Retirement Plan, which covered certain of its salaried employees. Only one participant, who is retired, remains in this plan.

XML 78 R60.htm IDEA: XBRL DOCUMENT v2.4.0.6
Employee Benefit Plans (Schedule of Defined Benefit Plans' Assets at Fair Value) (Details) (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Defined Benefit Plan Disclosure [Line Items]      
Fair value of plan assets $ 65,890 $ 58,148 $ 59,423
U.S. small cap equity funds [Member]
     
Defined Benefit Plan Disclosure [Line Items]      
Fair value of plan assets 7,637 6,742  
U.S. mid-cap equity funds [Member]
     
Defined Benefit Plan Disclosure [Line Items]      
Fair value of plan assets 18,626 16,037  
U.S. large-cap equity funds [Member]
     
Defined Benefit Plan Disclosure [Line Items]      
Fair value of plan assets 5,848 5,236  
International equity funds [Member]
     
Defined Benefit Plan Disclosure [Line Items]      
Fair value of plan assets 13,083 11,229  
Domestic real estate funds [Member]
     
Defined Benefit Plan Disclosure [Line Items]      
Fair value of plan assets 3,640 3,136  
Corporate bond funds [Member]
     
Defined Benefit Plan Disclosure [Line Items]      
Fair value of plan assets 16,510 15,459  
Money market fund [Member]
     
Defined Benefit Plan Disclosure [Line Items]      
Fair value of plan assets $ 546 $ 309  
XML 79 R13.htm IDEA: XBRL DOCUMENT v2.4.0.6
Trade Accounts Payable and Accrued Expenses
12 Months Ended
Dec. 31, 2012
Trade Accounts Payable and Accrued Expenses [Abstract]  
Trade Accounts Payable and Accrued Expenses
6. Trade Accounts Payable and Accrued Expenses

 

Trade accounts payable and accrued expenses consist of the following:

 

December 31,   2012     2011  
             
Trade accounts payable   $ 13,387     $ 12,263  
Accrued expenses     25,113       16,329  
    $ 38,500     $ 28,592  

 

XML 80 R14.htm IDEA: XBRL DOCUMENT v2.4.0.6
Line of Credit
12 Months Ended
Dec. 31, 2012
Line of Credit [Abstract]  
Line of Credit
  7. Line of Credit

 

In December 2007, the Company established an unsecured $25 million revolving line of credit with a bank. This facility is renewable annually. The credit facility remained unused throughout 2011 and 2012. Borrowings under this facility would bear interest at LIBOR (0.843% at December 31, 2012) plus 200 basis points and the Company is charged three-eighths of a percent (0.375%) per year on the unused portion. At December 31, 2012 and 2011, the Company was in compliance with the terms and covenants of the credit facility.

 

In February 2013, the Company amended its credit facility to increase the availability to $40 million and extend the expiration date from June 15, 2013 to June 15, 2014.

XML 81 R16.htm IDEA: XBRL DOCUMENT v2.4.0.6
Other Operating Expenses (Income), net
12 Months Ended
Dec. 31, 2012
Other Operating Expenses (Income), net [Abstract]  
Other Operating Expenses (Income), net
  9. Other Operating Expenses (Income), net

 

Other operating expenses (income), net consist of the following:

 

Year ended December 31,   2012     2011     2010  
                   
(Gain) loss on sale of operating assets   $ (27 )   $ (83 )   $ 22  
Frozen defined-benefit pension plan expense (income)     320       (236 )     398  
Total other operating expenses (income), net   $ 293     $ (319 )   $ 420  

 

XML 82 R64.htm IDEA: XBRL DOCUMENT v2.4.0.6
Income Taxes (Schedule of Deferred Tax Assets and Liabilities) (Details) (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
Deferred tax assets:    
Product liability $ 391 $ 646
Employee compensation and benefits 3,343 3,374
Allowances for doubtful accounts and discounts 1,123 1,625
Inventories 688 533
Additional minimum pension liability 17,396 16,176
Stock-based compensation 2,116 1,089
Other 859 259
Total deferred tax assets 25,916 23,702
Deferred tax liabilities:    
Pension and other benefits 10,205 9,217
Depreciation 8,069 8,401
Other 354 276
Total deferred tax liabilities 18,628 17,894
Net deferred tax assets $ 7,288 $ 5,808
XML 83 R66.htm IDEA: XBRL DOCUMENT v2.4.0.6
Earnings Per Share (Details) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2012
Sep. 29, 2012
Jun. 30, 2012
Mar. 31, 2012
Dec. 31, 2011
Oct. 01, 2011
Jul. 02, 2011
Apr. 02, 2011
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Numerator:                      
Net income $ 19,786 $ 17,349 $ 18,014 $ 15,480 $ 10,518 $ 10,737 $ 10,813 $ 7,947 $ 70,629 $ 40,015 $ 28,255
Denominator:                      
Weighted average number of common shares outstanding - Basic                 19,160,849 18,919,489 19,032,557
Dilutive effect of options and restricted stock units outstanding under the Company's employee compensation plans                 474,392 232,909 266,636
Weighted average number of common shares outstanding - Diluted                 19,635,241 19,152,398 19,299,193
XML 84 R63.htm IDEA: XBRL DOCUMENT v2.4.0.6
Income Taxes (Schedule of Effective Income Tax Rate Reconciliation) (Details)
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Income Taxes [Abstract]      
Statutory federal income tax rate 35.00% 35.00% 35.00%
State income taxes, net of federal tax benefit 4.00% 4.30% 4.60%
Domestic production activities deduction (3.00%) (1.80%) (2.70%)
Other items 1.00% (0.50%) (0.90%)
Effective income tax rate 37.00% 37.00% 36.00%
XML 85 R34.htm IDEA: XBRL DOCUMENT v2.4.0.6
Other Operating Expenses (Income), net (Tables)
12 Months Ended
Dec. 31, 2012
Other Operating Expenses (Income), net [Abstract]  
Schedule of Other Operating Expenses (Income), Net
Year ended December 31,   2012     2011     2010  
                   
(Gain) loss on sale of operating assets   $ (27 )   $ (83 )   $ 22  
Frozen defined-benefit pension plan expense (income)     320       (236 )     398  
Total other operating expenses (income), net   $ 293     $ (319 )   $ 420  

 

XML 86 R51.htm IDEA: XBRL DOCUMENT v2.4.0.6
Employee Benefit Plans (Reconciliation of Change in Benefit Obligation) (Details) (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Employee Benefit Plans [Abstract]    
Benefit obligation at beginning of year $ 77,230 $ 68,793
Service cost      
Interest cost 3,574 3,545
Actuarial loss 774 7,662
Benefits paid (3,033) (2,770)
Benefit obligation at end of year $ 85,516 $ 77,230
XML 87 R21.htm IDEA: XBRL DOCUMENT v2.4.0.6
Operating Segment Information
12 Months Ended
Dec. 31, 2012
Operating Segment Information [Abstract]  
Operating Segment Information
14. Operating Segment Information

 

The Company has two reportable operating segments: firearms and investment castings. The firearms segment manufactures and sells rifles, pistols, and revolvers principally to a number of federally-licensed, independent wholesale distributors primarily located in the United States. The investment castings segment manufactures and sells steel investment castings.

 

Corporate segment income relates to interest income on short-term investments, the sale of non-operating assets, and other non-operating activities. Corporate segment assets consist of cash and short-term investments and other non-operating assets.

 

The Company evaluates performance and allocates resources, in part, based on profit and loss before taxes. The accounting policies of the reportable segments are the same as those described in the summary of significant accounting policies (see Note 1). Intersegment sales are recorded at the Company's cost plus a fixed profit percentage.

 

Year ended December 31,   2012     2011     2010  
Net Sales                        
Firearms   $ 484,933     $ 324,200     $ 251,680  
Castings                        
Unaffiliated     6,891       4,616       3,526  
Intersegment     26,462       18,122       14,677  
      33,353       22,738       18,203  
Eliminations     (26,462 )     (18,122 )     (14,677 )
    $ 491,824     $ 328,816     $ 255,206  
Income (Loss) Before Income Taxes                        
Firearms   $ 113,660     $ 66,484     $ 48,160  
Castings     (1,858 )     (2,254 )     (1,637 )
Corporate     307       (714 )     (2,374 )
    $ 112,109     $ 63,516     $ 44,149  
Identifiable Assets                        
Firearms   $ 120,879     $ 103,545     $ 82,179  
Castings     6,467       5,290       4,683  
Corporate     47,140       97,675       70,899  
    $ 174,486     $ 206,510     $ 157,761  
Depreciation                        
Firearms   $ 13,413     $ 11,373     $ 8,502  
Castings     823       775       705  
    $ 14,236     $ 12,148     $ 9,207  
Capital Expenditures                        
Firearms   $ 26,773     $ 20,719     $ 18,904  
Castings     509       1,416       505  
    $ 27,282     $ 22,135     $ 19,409  

 

In 2012, the Company's largest customers and the percent of total sales they represented were as follows: Davidson's-17%; Jerry's/Ellett Brothers-14%; Lipsey's-13%; and Sports South-12%

 

In 2011, the Company's largest customers and the percent of total sales they represented were as follows: Jerry's/Ellett Brothers-15%; Davidson's-14%; Sports South-12%; and Lipsey's-12%.

 

In 2010, the Company's largest customers and the percent of total sales they represented were as follows: Jerry's/Ellett Brothers-16%; Davidson's-12%; Lipsey's-11%; and Sports South-11%.

 

The Company's assets are located entirely in the United States and domestic sales represent greater than 94% of total sales in 2012, 2011, and 2010.

 

XML 88 R26.htm IDEA: XBRL DOCUMENT v2.4.0.6
Schedule II-Valuation and Qualifying Accounts
12 Months Ended
Dec. 31, 2012
Schedule II-Valuation and Qualifying Accounts [Abstract]  
Schedule II-Valuation and Qualifying Accounts

Sturm, Ruger & Company, Inc.

 

Item 15(a)-Financial Statement Schedule

 

Schedule II-Valuation and Qualifying Accounts

 

(In Thousands)

 

COL. A   COL. B     COL. C     COL. D     COL. E  
          ADDITIONS              
Description   Balance at
Beginning
of Period
    (1)
Charged
(Credited) to
Costs and
Expenses
    (2)
Charged to
Other
Accounts
-Describe
    Deductions     Balance
at End
of Period
 
                               
Deductions from asset accounts:                                        
Allowance for doubtful accounts:                                        
Year ended December 31, 2012   $ 185     $ 115                     $ 300  
Year ended December 31, 2011   $ 277                     $ 92 (a)   $ 185  
Year ended December 31, 2010   $ 209     $ 68                     $ 277  
                                         
Allowance for discounts:                                        
Year ended December 31, 2012   $ 807     $ 10,679             $ 10,661 (b)   $ 825  
Year ended December 31, 2011   $ 627     $ 6,148             $ 5,968 (b)   $ 807  
Year ended December 31, 2010   $ 492     $ 5,520             $ 5,385 (b)   $ 627  
                                         
Excess and obsolete inventory reserve:                                        
Year ended December 31, 2012   $ 1,311     $ 761             $ 343 (c)   $ 1,729  
Year ended December 31, 2011   $ 1,545     $ (234 )           $ 0 (c)   $ 1,311  
Year ended December 31, 2010   $ 2,727     $ (1,057 )           $ 125 (c)   $ 1,545  

 

  (a) Accounts written off
  (b) Discounts taken
  (c) Inventory written off
XML 89 R49.htm IDEA: XBRL DOCUMENT v2.4.0.6
Line of Credit (Details) (USD $)
In Thousands, unless otherwise specified
1 Months Ended
Feb. 28, 2013
Dec. 31, 2007
Line of Credit Facility [Line Items]    
Credit facility with a bank 40,000 25,000
Credit Facility [Member]
   
Line of Credit Facility [Line Items]    
Description of interest rate of credit facility   LIBOR
Line of credit interest rate (in percent)   0.843%
Line of credit basis points   2.00%
Line of credit unused portion per year (in percent)   0.375%
Revolving credit facility, expiration date Jun. 15, 2014  
XML 90 R41.htm IDEA: XBRL DOCUMENT v2.4.0.6
Contingent Liabilities (Tables)
12 Months Ended
Dec. 31, 2012
Contingent Liabilities [Abstract]  
Reconciliation of Product Liability Reserve

Balance Sheet Roll-forward for Product Liability Reserve

 

                Cash Payments        
   

Balance

Beginning

of Year (a)

    Accrued
Legal
Expense
(Income)
(b)
    Legal Fees
(c)
    Settlements
(d)
    Balance End
of Year (a)
 
                               
2010     2,082       (834 )     (64 )     (162 )     1,022  
                                         
2011     1,022       755       (31 )     -       1,746  
                                         
2012     1,746       (633 )     (52 )     (4 )     1,057  

 

Notes

 

  (a) The beginning and ending liability balances represent accrued legal fees only. Settlements and administrative costs are expensed as incurred. Only in rare instances is an accrual established for settlements.

 

  (b) The expense accrued in the liability is for legal fees only. In 2010 and 2012, the costs incurred related to cases that were settled or dismissed were less than the amounts accrued for these cases in prior years.

 

  (c) Legal fees represent payments to outside counsel related to product liability matters.

 

  (d) Settlements represent payments made to plaintiffs or allegedly injured parties in exchange for a full and complete release of liability.

 

  (e) Insurance expense represents the cost of insurance premiums.

 

Schedule of Product Liability Expense

Income Statement Detail for Product Liability Expense

 

    Accrued
Legal
Expense (b)
    Insurance
Premium
Expense (e)
    Total
Product
Liability
Expense
 
                   
2010     (834 )     843       9  
                         
2011     755       862       1,617  
                         
2012     (633 )     810       177  

 

Notes

 

  (a) The beginning and ending liability balances represent accrued legal fees only. Settlements and administrative costs are expensed as incurred. Only in rare instances is an accrual established for settlements.

 

  (b) The expense accrued in the liability is for legal fees only. In 2010 and 2012, the costs incurred related to cases that were settled or dismissed were less than the amounts accrued for these cases in prior years.

 

  (c) Legal fees represent payments to outside counsel related to product liability matters.

 

  (d) Settlements represent payments made to plaintiffs or allegedly injured parties in exchange for a full and complete release of liability.

 

  (e) Insurance expense represents the cost of insurance premiums.
XML 91 R5.htm IDEA: XBRL DOCUMENT v2.4.0.6
Statements of Stockholders' Equity (USD $)
In Thousands, unless otherwise specified
Total
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Treasury Stock [Member]
Accumulated Other Comprehensive Loss [Member]
Balance at Dec. 31, 2009 $ 95,516 $ 22,827 $ 8,031 $ 115,187 $ (30,167) $ (20,362)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 28,255     28,255    
Pension liability, net of deferred taxes 714         714
Dividends paid (6,317)     (6,317)    
Stock-based compensation 2,589   2,589      
Exercise of stock options and vesting of RSU's (1,367)   (1,367)      
Tax benefit realized from exercise of stock options and vesting of RSU's 808   808      
Common stock issued - compensation plans    176 (176)      
Repurchase shares of common stock (5,718)       (5,718)  
Balance at Dec. 31, 2010 114,480 23,003 9,885 137,125 (35,885) (19,648)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 40,015     40,015    
Pension liability, net of deferred taxes (7,895)         (7,895)
Dividends paid (8,159)     (8,159)    
Stock-based compensation 2,953   2,953      
Exercise of stock options and vesting of RSU's (5,859)   (5,859)      
Tax benefit realized from exercise of stock options and vesting of RSU's 3,855   3,855      
Common stock issued - compensation plans    380 (380)      
Repurchase shares of common stock (1,999)       (1,999)  
Balance at Dec. 31, 2011 137,391 23,383 10,454 168,981 (37,884) (27,543)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 70,629     70,629    
Pension liability, net of deferred taxes (2,077)         (2,077)
Dividends paid (111,523)     (111,523)    
Stock-based compensation 4,718   4,718      
Exercise of stock options and vesting of RSU's (2,935)   (2,935)      
Tax benefit realized from exercise of stock options and vesting of RSU's 3,474   3,474      
Common stock issued - compensation plans    180 (180)      
Unpaid dividends accrued (4,645)     (4,645)    
Balance at Dec. 31, 2012 $ 95,032 $ 23,563 $ 15,531 $ 123,442 $ (37,884) $ (29,620)
XML 92 R10.htm IDEA: XBRL DOCUMENT v2.4.0.6
Inventories
12 Months Ended
Dec. 31, 2012
Inventories [Abstract]  
Inventories
  3. Inventories

 

Inventories consist of the following:

 

December 31,   2012     2011  
             
Finished goods   $ 3,615     $ 4,071  
Materials and products in process     50,483       43,622  
      54,098       47,693  
Adjustment of inventories to a LIFO basis     (38,089 )     (37,476 )
    $ 16,009     $ 10,217  

 

XML 93 R58.htm IDEA: XBRL DOCUMENT v2.4.0.6
Employee Benefit Plans (Schedule of Pension Plans with an Accumulated Benefit Obligation in Excess of Plan Asset) (Details) (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
Employee Benefit Plans [Abstract]    
Projected benefit obligation $ 85,516 $ 77,230
Accumulated benefit obligation 85,516 77,230
Fair value of plan assets $ 65,890 $ 58,148
XML 94 R69.htm IDEA: XBRL DOCUMENT v2.4.0.6
Compensation Plans (Details) (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Apr. 30, 2007
2007 SIP [Member]
Dec. 18, 2000
2001 Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Shares reserved for future issuance       2,550,000 200,000
Shares available for future grants       830,000  
Stock-based compensation $ 4,718 $ 2,953 $ 2,589    
Unrecognized compensation expense 6,200        
Unrecognized compensation cost, recognition period 1 year 2 months 12 days        
Aggregate intrinsic value $ 4,400        
XML 95 R27.htm IDEA: XBRL DOCUMENT v2.4.0.6
Summary of Significant Accounting Policies (Policies)
12 Months Ended
Dec. 31, 2012
Summary of Significant Accounting Policies [Abstract]  
Organization

Organization

 

Sturm, Ruger & Company, Inc. (the "Company") is principally engaged in the design, manufacture, and sale of firearms to domestic customers. Approximately 99% of the Company's total sales for the year ended December 31, 2012 were from the firearms segment and export sales represented approximately 3% of firearms sales. The Company's design and manufacturing operations are located in the United States and almost all product content is domestic. The Company's firearms are sold through a select number of independent wholesale distributors principally to the commercial sporting market.

 

The Company also manufactures and sells investment castings made from steel alloys for both outside customers and internal use in the firearms segment. Investment castings sold to outside customers, either directly to or through manufacturers' representatives, were approximately 1% of the Company's total sales for the year ended December 31, 2012.

Preparation of Financial Statements

Preparation of Financial Statements

 

The Company follows United States generally accepted accounting principles ("GAAP"). The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from these estimates.

 

The significant accounting policies described below, together with the notes that follow, are an integral part of the Financial Statements.

Revenue Recognition

Revenue Recognition

 

Substantially all product sales are sold FOB (free on board) shipping point. Revenue is recognized when product is shipped and the customer takes ownership and assumes the risk of loss. Accruals are made for sales discounts and incentives based on the Company's experience. The Company accounts for cash sales discounts as a reduction in sales and sales incentives as a charge to selling expense. Amounts billed to customers for shipping and handling fees are included in net sales and costs incurred by the Company for the delivery of goods are classified as selling expenses. Federal excise taxes are excluded from net sales.

Cash and Cash Equivalents

Cash and Cash Equivalents

 

The Company considers interest-bearing deposits with financial institutions with remaining maturities of three months or less at the time of acquisition to be cash equivalents.

Accounts Receivable

Accounts Receivable

 

The Company establishes an allowance for doubtful accounts based on the credit worthiness of its customers and historical experience. While the Company uses the best information available to make its evaluation, future adjustments to the allowance for doubtful accounts may be necessary if there are significant changes in economic and industry conditions or any other factors considered in the Company's evaluation. Bad debt expense has been immaterial during each of the last three years.

Inventories

Inventories

 

Substantially all of the Company's inventories are valued at the lower of cost, principally determined by the last-in, first-out (LIFO) method, or market. Elements of cost in inventories include raw materials, direct labor and manufacturing overhead.

Property, Plant, and Equipment

Property, Plant, and Equipment

 

Property, plant, and equipment are carried at cost. Depreciation is computed over useful lives using the straight-line and declining balance methods predominately over 15 years for buildings, 10 years for machinery and equipment and 3 years for tools and dies. When assets are retired, sold or otherwise disposed of, their gross carrying values and related accumulated depreciation are removed from the accounts and a gain or loss on such disposals is recognized when appropriate.

 

Maintenance and repairs are charged to operations; replacements and improvements are capitalized.

Long-lived Assets

Long-lived Assets

 

The Company evaluates the carrying value of long-lived assets to be held and used when events or changes in circumstances indicate the carrying value may not be recoverable. In performing this review, the carrying value of the assets is compared to the projected undiscounted cash flows to be generated from the assets. If the sum of the undiscounted expected future cash flows is less than the carrying value of the assets, the assets are considered to be impaired. Impairment losses are measured as the amount by which the carrying value of the assets exceeds their fair value. The Company bases fair value of the assets on quoted market prices if available or, if not available, quoted market prices of similar assets. Where quoted market prices are not available, the Company estimates fair value using the estimated future cash flows generated by the assets discounted at a rate commensurate with the risks associated with the recovery of the assets.

 

Equity Method Investments

Equity Method Investments

 

Investee companies that are not consolidated, but over which the Company exercises significant influence, are accounted for under the equity method of accounting. Under the equity method of accounting, an investee company's accounts are not reflected within the Company's Balance Sheets and Statements of Income; however, the Company's share of the earnings or losses of the investee company is reflected in ''Other operating (income) expenses, net'' in the Statements of Income. The Company's carrying value in an investee company is reflected in ''Other assets'' in the Company's Balance Sheets.

Cost Method Investments

Cost Method Investments

 

Investee companies not accounted for under the consolidation or the equity method of accounting are accounted for under the cost method of accounting. Under this method, the Company's share of the earnings or losses of such Investee companies is not included in the Balance Sheet or Statement of Income. However, impairment charges are recognized in the Statement of Income.

Income Taxes

Income Taxes

 

Income taxes are accounted for using the asset and liability method. Under this method, deferred income taxes are recognized for the tax consequences of "temporary differences" by applying enacted statutory rates applicable to future years to temporary differences between the financial statement carrying amounts and the tax basis of the Company's assets and liabilities.

Product Liability

Product Liability

 

The Company provides for product liability claims including estimated legal costs to be incurred defending such claims. The provision for product liability claims is charged to cost of products sold.

Advertising Costs

Advertising Costs

 

The Company expenses advertising costs as incurred. Advertising expenses for 2012, 2011, and 2010, were $3.4 million, $2.9 million, and $2.3 million, respectively.

Shipping Costs

Shipping Costs

 

Costs incurred related to the shipment of products are included in selling expense. Such costs totaled $5.6 million, $3.5 million, and $3.0 million in 2012, 2011, and 2010, respectively.

 

Research and Development

Research and Development

 

In 2012, 2011, and 2010, the Company spent approximately $5.9 million, $4.0 million, and $3.2 million, respectively, on research activities relating to the development of new products and the improvement of existing products. Research and development costs are expensed as incurred.

Earnings per Share

Earnings per Share

 

Basic earnings per share is based upon the weighted-average number of shares of common stock outstanding during the year. Diluted earnings per share reflect the impact of options, restricted stock units, and deferred stock outstanding using the treasury stock method.

XML 96 FilingSummary.xml IDEA: XBRL DOCUMENT 2.4.0.6 Html 212 326 1 true 66 0 false 4 false false R1.htm 001 - Document - Document and Entity Information Sheet http://www.ruger.com/role/DocumentAndEntityInformation Document and Entity Information true false R2.htm 002 - Statement - Balance Sheets Sheet http://www.ruger.com/role/BalanceSheets Balance Sheets false false R3.htm 003 - Statement - Balance Sheets (Parenthetical) Sheet http://www.ruger.com/role/BalanceSheetsParenthetical Balance Sheets (Parenthetical) false false R4.htm 004 - Statement - Statements of Income and Comprehensive Income Sheet http://www.ruger.com/role/StatementsOfIncomeAndComprehensiveIncome Statements of Income and Comprehensive Income false false R5.htm 005 - Statement - Statements of Stockholders' Equity Sheet http://www.ruger.com/role/StatementsOfStockholdersEquity Statements of Stockholders' Equity false false R6.htm 006 - Statement - Statements of Stockholders' Equity (Parentheticals) Sheet http://www.ruger.com/role/StatementsOfStockholdersEquityParentheticals Statements of Stockholders' Equity (Parentheticals) false false R7.htm 007 - Statement - Statements of Cash Flows Sheet http://www.ruger.com/role/StatementsOfCashFlows Statements of Cash Flows false false R8.htm 101 - Disclosure - Summary of Significant Accounting Policies Sheet http://www.ruger.com/role/SummaryOfSignificantAccountingPolicies Summary of Significant Accounting Policies false false R9.htm 102 - Disclosure - Trade Receivables, Net Sheet http://www.ruger.com/role/TradeReceivablesNet Trade Receivables, Net false false R10.htm 103 - Disclosure - Inventories Sheet http://www.ruger.com/role/Inventories Inventories false false R11.htm 104 - Disclosure - Property, Plant and Equipment Sheet http://www.ruger.com/role/PropertyPlantAndEquipment Property, Plant and Equipment false false R12.htm 105 - Document - Other Assets Sheet http://www.ruger.com/role/OtherAssets Other Assets false false R13.htm 106 - Disclosure - Trade Accounts Payable and Accrued Expenses Sheet http://www.ruger.com/role/TradeAccountsPayableAndAccruedExpenses Trade Accounts Payable and Accrued Expenses false false R14.htm 107 - Disclosure - Line of Credit Sheet http://www.ruger.com/role/LineOfCredit Line of Credit false false R15.htm 108 - Disclosure - Employee Benefit Plans Sheet http://www.ruger.com/role/EmployeeBenefitPlans Employee Benefit Plans false false R16.htm 109 - Disclosure - Other Operating Expenses (Income), net Sheet http://www.ruger.com/role/OtherOperatingExpensesIncomeNet Other Operating Expenses (Income), net false false R17.htm 110 - Disclosure - Income Taxes Sheet http://www.ruger.com/role/IncomeTaxes Income Taxes false false R18.htm 111 - Disclosure - Earnings Per Share Sheet http://www.ruger.com/role/EarningsPerShare Earnings Per Share false false R19.htm 112 - Disclosure - Stock Repurchases Sheet http://www.ruger.com/role/StockRepurchases Stock Repurchases false false R20.htm 113 - Disclosure - Compensation Plans Sheet http://www.ruger.com/role/CompensationPlans Compensation Plans false false R21.htm 114 - Disclosure - Operating Segment Information Sheet http://www.ruger.com/role/OperatingSegmentInformation Operating Segment Information false false R22.htm 115 - Disclosure - Quarterly Results of Operations (Unaudited) Sheet http://www.ruger.com/role/QuarterlyResultsOfOperationsUnaudited Quarterly Results of Operations (Unaudited) false false R23.htm 116 - Disclosure - Contingent Liabilities Sheet http://www.ruger.com/role/ContingentLiabilities Contingent Liabilities false false R24.htm 117 - Disclosure - Financial Instruments Sheet http://www.ruger.com/role/FinancialInstruments Financial Instruments false false R25.htm 118 - Disclosure - Subsequent Events Sheet http://www.ruger.com/role/SubsequentEvents Subsequent Events false false R26.htm 119 - Disclosure - Schedule II-Valuation and Qualifying Accounts Sheet http://www.ruger.com/role/ScheduleIivaluationAndQualifyingAccounts Schedule II-Valuation and Qualifying Accounts false false R27.htm 201 - Disclosure - Summary of Significant Accounting Policies (Policies) Sheet http://www.ruger.com/role/SummaryOfSignificantAccountingPoliciesPolicies Summary of Significant Accounting Policies (Policies) false false R28.htm 302 - Disclosure - Trade Receivables, Net (Tables) Sheet http://www.ruger.com/role/TradeReceivablesNetTables Trade Receivables, Net (Tables) false false R29.htm 303 - Disclosure - Inventories (Tables) Sheet http://www.ruger.com/role/InventoriesTables Inventories (Tables) false false R30.htm 304 - Disclosure - Property, Plant and Equipment (Tables) Sheet http://www.ruger.com/role/PropertyPlantAndEquipmentTables Property, Plant and Equipment (Tables) false false R31.htm 305 - Disclosure - Other Assets (Tables) Sheet http://www.ruger.com/role/OtherAssetsTables Other Assets (Tables) false false R32.htm 306 - Disclosure - Trade Accounts Payable and Accrued Expenses (Tables) Sheet http://www.ruger.com/role/TradeAccountsPayableAndAccruedExpensesTables Trade Accounts Payable and Accrued Expenses (Tables) false false R33.htm 308 - Disclosure - Employee Benefit Plans (Tables) Sheet http://www.ruger.com/role/EmployeeBenefitPlansTables Employee Benefit Plans (Tables) false false R34.htm 309 - Disclosure - Other Operating Expenses (Income), net (Tables) Sheet http://www.ruger.com/role/OtherOperatingExpensesIncomeNetTables Other Operating Expenses (Income), net (Tables) false false R35.htm 310 - Disclosure - Income Taxes (Tables) Sheet http://www.ruger.com/role/IncomeTaxesTables Income Taxes (Tables) false false R36.htm 311 - Disclosure - Earnings Per Share (Tables) Sheet http://www.ruger.com/role/EarningsPerShareTables Earnings Per Share (Tables) false false R37.htm 312 - Disclosure - Stock Repurchases (Tables) Sheet http://www.ruger.com/role/StockRepurchasesTables Stock Repurchases (Tables) false false R38.htm 313 - Disclosure - Compensation Plans (Tables) Sheet http://www.ruger.com/role/CompensationPlansTables Compensation Plans (Tables) false false R39.htm 314 - Disclosure - Operating Segment Information (Tables) Sheet http://www.ruger.com/role/OperatingSegmentInformationTables Operating Segment Information (Tables) false false R40.htm 315 - Disclosure - Quarterly Results of Operations (Unaudited) (Tables) Sheet http://www.ruger.com/role/QuarterlyResultsOfOperationsUnauditedTables Quarterly Results of Operations (Unaudited) (Tables) false false R41.htm 316 - Disclosure - Contingent Liabilities (Tables) Sheet http://www.ruger.com/role/ContingentLiabilitiesTables Contingent Liabilities (Tables) false false R42.htm 40101 - Disclosure - Summary of Significant Accounting Policies (Details) Sheet http://www.ruger.com/role/SummaryOfSignificantAccountingPoliciesDetails Summary of Significant Accounting Policies (Details) false false R43.htm 40201 - Disclosure - Trade Receivables, Net (Details) Sheet http://www.ruger.com/role/TradeReceivablesNetDetails Trade Receivables, Net (Details) false false R44.htm 40301 - Disclosure - Inventories (Details) Sheet http://www.ruger.com/role/InventoriesDetails Inventories (Details) false false R45.htm 40401 - Disclosure - Property, Plant and Equipment (Details) Sheet http://www.ruger.com/role/PropertyPlantAndEquipmentDetails Property, Plant and Equipment (Details) false false R46.htm 40501 - Disclosure - Other Assets (Schedule of Other Assets) (Details) Sheet http://www.ruger.com/role/OtherAssetsScheduleOfOtherAssetsDetails Other Assets (Schedule of Other Assets) (Details) false false R47.htm 40502 - Disclosure - Other Assets (Narrative) (Details) Sheet http://www.ruger.com/role/OtherAssetsNarrativeDetails Other Assets (Narrative) (Details) false false R48.htm 40601 - Disclosure - Trade Accounts Payable and Accrued Expenses (Details) Sheet http://www.ruger.com/role/TradeAccountsPayableAndAccruedExpensesDetails Trade Accounts Payable and Accrued Expenses (Details) false false R49.htm 40701 - Disclosure - Line of Credit (Details) Sheet http://www.ruger.com/role/LineOfCreditDetails Line of Credit (Details) false false R50.htm 40801 - Disclosure - Employee Benefit Plans (Narrative) (Details) Sheet http://www.ruger.com/role/EmployeeBenefitPlansNarrativeDetails Employee Benefit Plans (Narrative) (Details) false false R51.htm 40802 - Disclosure - Employee Benefit Plans (Reconciliation of Change in Benefit Obligation) (Details) Sheet http://www.ruger.com/role/EmployeeBenefitPlansReconciliationOfChangeInBenefitObligationDetails Employee Benefit Plans (Reconciliation of Change in Benefit Obligation) (Details) false false R52.htm 40803 - Disclosure - Employee Benefit Plans (Schedule of Changes in Plan Assets) (Details) Sheet http://www.ruger.com/role/EmployeeBenefitPlansScheduleOfChangesInPlanAssetsDetails Employee Benefit Plans (Schedule of Changes in Plan Assets) (Details) false false R53.htm 40804 - Disclosure - Employee Benefit Plans (Schedule of Funded Status) (Details) Sheet http://www.ruger.com/role/EmployeeBenefitPlansScheduleOfFundedStatusDetails Employee Benefit Plans (Schedule of Funded Status) (Details) false false R54.htm 40805 - Disclosure - Employee Benefit Plans (Schedule of Weighted Average Assumptions) (Details) Sheet http://www.ruger.com/role/EmployeeBenefitPlansScheduleOfWeightedAverageAssumptionsDetails Employee Benefit Plans (Schedule of Weighted Average Assumptions) (Details) false false R55.htm 40806 - Disclosure - Employee Benefit Plans (Schedule of Components of Net Periodic Pension Cost) (Details) Sheet http://www.ruger.com/role/EmployeeBenefitPlansScheduleOfComponentsOfNetPeriodicPensionCostDetails Employee Benefit Plans (Schedule of Components of Net Periodic Pension Cost) (Details) false false R56.htm 40807 - Disclosure - Employee Benefit Plans (Schedule of Amounts Recognized on the Balance Sheet) (Details) Sheet http://www.ruger.com/role/EmployeeBenefitPlansScheduleOfAmountsRecognizedOnBalanceSheetDetails Employee Benefit Plans (Schedule of Amounts Recognized on the Balance Sheet) (Details) false false R57.htm 40808 - Disclosure - Employee Benefit Plans (Schedule of Weighted Average Assumptions Used to Determine Net Periodic Benefit Cost) (Details) Sheet http://www.ruger.com/role/EmployeeBenefitPlansScheduleOfWeightedAverageAssumptionsUsedToDetermineNetPeriodicBenefitCostDetails Employee Benefit Plans (Schedule of Weighted Average Assumptions Used to Determine Net Periodic Benefit Cost) (Details) false false R58.htm 40809 - Disclosure - Employee Benefit Plans (Schedule of Pension Plans with an Accumulated Benefit Obligation in Excess of Plan Asset) (Details) Sheet http://www.ruger.com/role/EmployeeBenefitPlansScheduleOfPensionPlansWithAccumulatedBenefitObligationInExcessOfPlanAssetDetails Employee Benefit Plans (Schedule of Pension Plans with an Accumulated Benefit Obligation in Excess of Plan Asset) (Details) false false R59.htm 40810 - Disclosure - Employee Benefit Plans (Schedule of Pension Weighted Average Asset Allocations) (Details) Sheet http://www.ruger.com/role/EmployeeBenefitPlansScheduleOfPensionWeightedAverageAssetAllocationsDetails Employee Benefit Plans (Schedule of Pension Weighted Average Asset Allocations) (Details) false false R60.htm 40811 - Disclosure - Employee Benefit Plans (Schedule of Defined Benefit Plans' Assets at Fair Value) (Details) Sheet http://www.ruger.com/role/EmployeeBenefitPlansScheduleOfDefinedBenefitPlansAssetsAtFairValueDetails Employee Benefit Plans (Schedule of Defined Benefit Plans' Assets at Fair Value) (Details) false false R61.htm 40901 - Disclosure - Other Operating Expenses (Income), net (Details) Sheet http://www.ruger.com/role/OtherOperatingExpensesIncomeNetDetails Other Operating Expenses (Income), net (Details) false false R62.htm 41001 - Disclosure - Income Taxes (Schedule of Federal and State Income Tax Provision) (Details) Sheet http://www.ruger.com/role/IncomeTaxesScheduleOfFederalAndStateIncomeTaxProvisionDetails Income Taxes (Schedule of Federal and State Income Tax Provision) (Details) false false R63.htm 41002 - Disclosure - Income Taxes (Schedule of Effective Income Tax Rate Reconciliation) (Details) Sheet http://www.ruger.com/role/IncomeTaxesScheduleOfEffectiveIncomeTaxRateReconciliationDetails Income Taxes (Schedule of Effective Income Tax Rate Reconciliation) (Details) false false R64.htm 41003 - Disclosure - Income Taxes (Schedule of Deferred Tax Assets and Liabilities) (Details) Sheet http://www.ruger.com/role/IncomeTaxesScheduleOfDeferredTaxAssetsAndLiabilitiesDetails Income Taxes (Schedule of Deferred Tax Assets and Liabilities) (Details) false false R65.htm 41004 - Disclosure - Income Taxes (Narrative) (Details) Sheet http://www.ruger.com/role/IncomeTaxesNarrativeDetails Income Taxes (Narrative) (Details) false false R66.htm 41101 - Disclosure - Earnings Per Share (Details) Sheet http://www.ruger.com/role/EarningsPerShareDetails Earnings Per Share (Details) false false R67.htm 41201 - Disclosure - Stock Repurchases (Schedule of Repurchase of Common Stock) (Details) Sheet http://www.ruger.com/role/StockRepurchasesScheduleOfRepurchaseOfCommonStockDetails Stock Repurchases (Schedule of Repurchase of Common Stock) (Details) false false R68.htm 41202 - Disclosure - Stock Repurchases (Narrative) (Details) Sheet http://www.ruger.com/role/StockRepurchasesNarrativeDetails Stock Repurchases (Narrative) (Details) false false R69.htm 41301 - Disclosure - Compensation Plans (Details) Sheet http://www.ruger.com/role/CompensationPlansDetails Compensation Plans (Details) false false R70.htm 41302 - Disclosure - Compensation Plans (Schedule of Assumptions Used to Estimate Fair Value) (Details) Sheet http://www.ruger.com/role/CompensationPlansScheduleOfAssumptionsUsedToEstimateFairValueDetails Compensation Plans (Schedule of Assumptions Used to Estimate Fair Value) (Details) false false R71.htm 41303 - Disclosure - Compenation Plans (Schedule of Stock Option Activity) (Details) Sheet http://www.ruger.com/role/CompenationPlansScheduleOfStockOptionActivityDetails Compenation Plans (Schedule of Stock Option Activity) (Details) false false R72.htm 41304 - Disclosure - Compensation Plans (Deferred Stock) (Details) Sheet http://www.ruger.com/role/CompensationPlansDeferredStockDetails Compensation Plans (Deferred Stock) (Details) false false R73.htm 41305 - Disclosure - Compensation Plans (Restricted Stock Units) (Details) Sheet http://www.ruger.com/role/CompensationPlansRestrictedStockUnitsDetails Compensation Plans (Restricted Stock Units) (Details) false false R74.htm 41401 - Disclosure - Operating Segment Information (Schedule of Operating Segment Financial Information) (Details) Sheet http://www.ruger.com/role/OperatingSegmentInformationScheduleOfOperatingSegmentFinancialInformationDetails Operating Segment Information (Schedule of Operating Segment Financial Information) (Details) false false R75.htm 41402 - Disclosure - Operating Segment Information (Narrative) (Details) Sheet http://www.ruger.com/role/OperatingSegmentInformationNarrativeDetails Operating Segment Information (Narrative) (Details) false false R76.htm 41501 - Disclosure - Quarterly Results of Operations (Unaudited) (Details) Sheet http://www.ruger.com/role/QuarterlyResultsOfOperationsUnauditedDetails Quarterly Results of Operations (Unaudited) (Details) false false R77.htm 41601 - Disclosure - Contingent Liabilities (Narrative) (Details) Sheet http://www.ruger.com/role/ContingentLiabilitiesNarrativeDetails Contingent Liabilities (Narrative) (Details) false false R78.htm 41602 - Disclosure - Contingent Liabilities (Reconciliation of Product Liability Reserve) (Details) Sheet http://www.ruger.com/role/ContingentLiabilitiesReconciliationOfProductLiabilityReserveDetails Contingent Liabilities (Reconciliation of Product Liability Reserve) (Details) false false R79.htm 41603 - Disclosure - Contingent Liabilities (Schedule of Product Liability Expense) (Details) Sheet http://www.ruger.com/role/ContingentLiabilitiesScheduleOfProductLiabilityExpenseDetails Contingent Liabilities (Schedule of Product Liability Expense) (Details) false false R80.htm 41801 - Disclosure - Subsequent Events (Details) Sheet http://www.ruger.com/role/SubsequentEventsDetails Subsequent Events (Details) false false R81.htm 41901 - Disclosure - Schedule II-Valuation and Qualifying Accounts (Details) Sheet http://www.ruger.com/role/ScheduleIivaluationAndQualifyingAccountsDetails Schedule II-Valuation and Qualifying Accounts (Details) false false All Reports Book All Reports Element us-gaap_DefinedBenefitPlanWeightedAverageAssetAllocations had a mix of decimals attribute values: 0 2. Element us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate had a mix of decimals attribute values: 1 3. Element us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue had a mix of decimals attribute values: 1 2. Element us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice had a mix of decimals attribute values: 1 2. Process Flow-Through: 002 - Statement - Balance Sheets Process Flow-Through: Removing column 'Dec. 31, 2010' Process Flow-Through: Removing column 'Dec. 31, 2009' Process Flow-Through: 003 - Statement - Balance Sheets (Parenthetical) Process Flow-Through: 004 - Statement - Statements of Income and Comprehensive Income Process Flow-Through: Removing column '3 Months Ended Dec. 31, 2012' Process Flow-Through: Removing column '3 Months Ended Sep. 29, 2012' Process Flow-Through: Removing column '3 Months Ended Jun. 30, 2012' Process Flow-Through: Removing column '3 Months Ended Mar. 31, 2012' Process Flow-Through: Removing column '3 Months Ended Dec. 31, 2011' Process Flow-Through: Removing column '3 Months Ended Oct. 01, 2011' Process Flow-Through: Removing column '3 Months Ended Jul. 02, 2011' Process Flow-Through: Removing column '3 Months Ended Apr. 02, 2011' Process Flow-Through: 006 - Statement - Statements of Stockholders' Equity (Parentheticals) Process Flow-Through: 007 - Statement - Statements of Cash Flows rgr-20121231.xml rgr-20121231.xsd rgr-20121231_cal.xml rgr-20121231_def.xml rgr-20121231_lab.xml rgr-20121231_pre.xml true true XML 97 R74.htm IDEA: XBRL DOCUMENT v2.4.0.6
Operating Segment Information (Schedule of Operating Segment Financial Information) (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2012
Sep. 29, 2012
Jun. 30, 2012
Mar. 31, 2012
Dec. 31, 2011
Oct. 01, 2011
Jul. 02, 2011
Apr. 02, 2011
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Segment Reporting Information [Line Items]                      
Net Sales $ 141,766 $ 118,152 $ 119,569 $ 112,337 $ 93,241 $ 80,512 $ 79,622 $ 75,441 $ 491,824 $ 328,816 $ 255,206
Income (Loss) Before Income Taxes                 112,109 63,516 44,149
Identifiable Assets 174,486       206,510       174,486 206,510 157,761
Depreciation                 14,236 12,148 9,207
Capital Expenditures                 27,282 22,135 19,409
Firearms [Member]
                     
Segment Reporting Information [Line Items]                      
Net Sales                 484,933 324,200 251,680
Income (Loss) Before Income Taxes                 113,660 66,484 48,160
Identifiable Assets 120,879       103,545       120,879 103,545 82,179
Depreciation                 13,413 11,373 8,502
Capital Expenditures                 26,773 20,719 18,904
Castings [Member]
                     
Segment Reporting Information [Line Items]                      
Income (Loss) Before Income Taxes                 (1,858) (2,254) (1,637)
Identifiable Assets 6,467       5,290       6,467 5,290 4,683
Depreciation                 823 775 705
Capital Expenditures                 509 1,416 505
Unaffiliated [Member]
                     
Segment Reporting Information [Line Items]                      
Net Sales                 6,891 4,616 3,526
Intersegment [Member]
                     
Segment Reporting Information [Line Items]                      
Net Sales                 26,462 18,122 14,677
Castings, net [Member]
                     
Segment Reporting Information [Line Items]                      
Net Sales                 33,353 22,738 18,203
Eliminations [Member]
                     
Segment Reporting Information [Line Items]                      
Net Sales                 (26,462) (18,122) (14,677)
Corporate [Member]
                     
Segment Reporting Information [Line Items]                      
Income (Loss) Before Income Taxes                 307 (714) (2,374)
Identifiable Assets $ 47,140       $ 97,675       $ 47,140 $ 97,675 $ 70,899
XML 98 R38.htm IDEA: XBRL DOCUMENT v2.4.0.6
Compensation Plans (Tables)
12 Months Ended
Dec. 31, 2012
Compensation Plans [Abstract]  
Schedule of Assumptions Used to Estimate Fair Value
    2012     2010  
Dividend yield     2.9 %     0.0 %
Expected volatility     44.2 %     40.0 %
Risk free rate of return     4.0 %     4.0 %
Expected lives     2.9 years       6.7 years  

 

Schedule of Stock Option Activity

Average
Exercise Price
    Weighted
Average
Grant Date
Fair Value
    Weighted
Average
Remaining
Contractual
Life (Years)
 
Outstanding at December 31, 2009     1,498,150     $ 9.00     $ 4.13       7.1  
Granted     40,000       9.70       4.80       9.0  
Exercised     (366,000 )     8.11       3.15       4.5  
Canceled     -       -       -       -  
Outstanding at December 31, 2010     1,172,150       9.30       4.46       6.7  
Granted     -       -       -       -  
Exercised     (843,450 )     9.58       4.48       5.0  
Canceled     -       -       -       -  
Outstanding at December 31, 2011     328,700       8.58       4.42       6.2  
Granted     9,830       8.59       32.57       5.6  
Exercised     (217,820 )     7.92       4.40       4.8  
Canceled     (250 )     8.69       4.57       6.3  
Outstanding at December 31, 2012     120,460       8.58       6.76       5.7  
Exercisable Options Outstanding at December 31, 2012     52,583       8.65       6.97       5.4  
Non-Vested Options Outstanding at December 31, 2012     67,877     $ 9.22     $ 6.81       5.6  

 

XML 99 R20.htm IDEA: XBRL DOCUMENT v2.4.0.6
Compensation Plans
12 Months Ended
Dec. 31, 2012
Compensation Plans [Abstract]  
Compensation Plans

 

  13. Compensation Plans

 

On December 18, 2000, the Company adopted, and in May 2001 the shareholders approved, the 2001 Stock Option Plan for Non-Employee Directors (the "2001 Plan") under which non-employee directors were granted options to purchase shares of the Company's authorized but unissued stock. The Company reserved 200,000 shares for issuance under the 2001 Plan. In April 2007, all reserved shares for which a stock option had not been granted under the 2001 Plan were deregistered. No further stock options or stock will be granted under the 2001 Plan.

 

In April 2007, the Company adopted and the shareholders approved the 2007 Stock Incentive Plan (the "2007 SIP") under which employees, independent contractors, and non-employee directors may be granted stock options, restricted stock, deferred stock awards, restricted stock units ("RSU's"), and stock appreciation rights, any of which may or may not require the achievement of performance objectives. Vesting requirements are determined by the Compensation Committee of the Board of Directors. The Company reserved 2,550,000 shares for issuance under the 2007 SIP. At December 31, 2012, an aggregate of 830,000 shares remain available for grant under the Plan.

 

Compensation expense related to stock options is recognized based on the grant-date fair value of the awards estimated using the Black-Scholes option pricing model. Compensation expense related to deferred stock, restricted stock, and restricted stock units is recognized based on the grant-date fair value of the Company's common stock. The total stock-based compensation cost included in the Statements of Income was $4.7 million, $3.0 million, and $2.6 million in 2012, 2011, and 2010, respectively.

 

Stock Options

 

For purposes of determining the fair value of stock option awards granted, the Company used the Black-Scholes option pricing model and the assumptions set forth in the table below.

 

    2012     2010  
Dividend yield     2.9 %     0.0 %
Expected volatility     44.2 %     40.0 %
Risk free rate of return     4.0 %     4.0 %
Expected lives     2.9 years       6.7 years  

 

The estimated fair value of options granted is subject to the assumptions made and if the assumptions changed, the estimated fair value amounts could be significantly different.

 

The following table summarizes the stock option activity of the Plans:

 

    Shares     Weighted
Average
Exercise Price
    Weighted
Average
Grant Date
Fair Value
    Weighted
Average
Remaining
Contractual
Life (Years)
 
Outstanding at December 31, 2009     1,498,150     $ 9.00     $ 4.13       7.1  
Granted     40,000       9.70       4.80       9.0  
Exercised     (366,000 )     8.11       3.15       4.5  
Canceled     -       -       -       -  
Outstanding at December 31, 2010     1,172,150       9.30       4.46       6.7  
Granted     -       -       -       -  
Exercised     (843,450 )     9.58       4.48       5.0  
Canceled     -       -       -       -  
Outstanding at December 31, 2011     328,700       8.58       4.42       6.2  
Granted     9,830       8.59       32.57       5.6  
Exercised     (217,820 )     7.92       4.40       4.8  
Canceled     (250 )     8.69       4.57       6.3  
Outstanding at December 31, 2012     120,460       8.58       6.76       5.7  
Exercisable Options Outstanding at December 31, 2012     52,583       8.65       6.97       5.4  
Non-Vested Options Outstanding at December 31, 2012     67,877     $ 9.22     $ 6.81       5.6  

 

At December 31, 2012, the aggregate intrinsic value of all options, including exercisable options, was $4.4 million.

 

At December 31, 2012, there was $0.2 million of unrecognized compensation cost related to stock options that is expected to be recognized over a weighted-average period of 1.2 years.

 

Deferred Stock

 

Deferred stock awards vest based on the passage of time or the Company's attainment of performance objectives. Upon vesting, these awards convert one-for-one to common stock.

 

In 2012, 4,542 deferred stock awards were issued to non-employee directors that will vest in April 2013 and 6,102 deferred stock awards were issued to non-employee directors that will vest in April 2015.

 

In 2011, 9,487 deferred stock awards were issued to non-employee directors that vested in April 2012 and 12,744 deferred stock awards were issued to non-employee directors that will vest in April 2014.

 

In 2010, 12,902 deferred stock awards were issued to non-employee directors that vested in April 2011 and 17,331 deferred stock awards were issued to non-employee directors that will vest in April 2013.

 

Compensation expense related to these awards is amortized ratably over the vesting period. Compensation expense related to these awards was $0.5 million, $0.5 million and $0.3 million in 2012, 2011, and 2010, respectively.

 

Restricted Stock Units

 

Beginning in the second quarter of 2009, the Company began granting restricted stock units in lieu of incentive stock options to senior employees. These RSU's have a vesting "double trigger." The vesting of these RSU's is dependent on the achievement of corporate objectives established by the Compensation Committee of the Board of Directors and the passage of time.

 

During 2012, 139,000 restricted stock units were issued. Compensation costs related to these restricted stock units was $6.2 million, of which $1.2 million was recognized in 2012. The remaining costs will be recognized ratably over the remaining period required before the units to vest, which ranges from two to four years.

 

During 2011, 524,000 restricted stock units were issued. Compensation costs related to these restricted stock units was $10.7 million, of which $2.5 million and $1.8 million was recognized in 2012 and 2011, respectively. The remaining costs will be recognized ratably over the remaining period required before the units to vest, which ranges from one to three years.

 

During 2010, 76,000 restricted stock units were issued. Compensation costs related to these restricted stock units was $1.1 million, all of which was recognized in 2010 because the performance objectives were attained and the awards became fully vested.