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<SEC-DOCUMENT>0000018255-10-000011.txt : 20100521
<SEC-HEADER>0000018255-10-000011.hdr.sgml : 20100521
<ACCEPTANCE-DATETIME>20100521162931
ACCESSION NUMBER:		0000018255-10-000011
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20100521
ITEM INFORMATION:		Results of Operations and Financial Condition
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20100521
DATE AS OF CHANGE:		20100521

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CATO CORP
		CENTRAL INDEX KEY:			0000018255
		STANDARD INDUSTRIAL CLASSIFICATION:	RETAIL-WOMEN'S CLOTHING STORES [5621]
		IRS NUMBER:				560484485
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0203

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-31340
		FILM NUMBER:		10851415

	BUSINESS ADDRESS:	
		STREET 1:		8100 DENMARK ROAD
		CITY:			CHARLOTTE
		STATE:			NC
		ZIP:			28273-5975
		BUSINESS PHONE:		7045517352

	MAIL ADDRESS:	
		STREET 1:		8100 DENMARK ROAD
		CITY:			CHARLOTTE
		STATE:			NC
		ZIP:			28273-5975

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CATO STORES INC
		DATE OF NAME CHANGE:	19701002
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>cato8kqtr1cover.htm
<DESCRIPTION>8K
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   <TITLE>cato8kqtr1cover.htm - Generated by SEC Publisher for SEC Filing</TITLE>
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<p style='margin:0in;margin-bottom:.0001pt;'><font face="Times New Roman" lang=EN-US style='font-size:11.0pt;'>&nbsp;</font></p>
<p align=center style='margin-left:0in;margin-right:0in;text-align:center;'><font face="Times New Roman" lang=EN-US style='font-size:10.0pt;'>UNITED STATES<br>
SECURITIES AND EXCHANGE COMMISSION<br>
450 Fifth Street NW<br>
Washington, D.C. 29549 </font></p>
<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center;'><font face="Times New Roman" lang=EN-US style='font-size:10.0pt;layout-grid-mode:char;'>&nbsp;</font></p>
<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center;'><font face="Times New Roman" lang=EN-US style='font-size:10.0pt;layout-grid-mode:char;'>&nbsp;</font></p>
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<p align=center style='margin-left:0in;margin-right:0in;text-align:center;'><b><font face="Times New Roman" style='font-size:18.0pt;'>Form&nbsp;8-K</font></b></p>
</td> </tr> </table> </div>
<p align=center style='margin-left:0in;margin-right:0in;text-align:center;'><font face="Times New Roman" lang=EN-US style='font-size:10.0pt;'>&nbsp;</font></p>
<p align=center style='margin-left:0in;margin-right:0in;text-align:center;'><font face="Times New Roman" lang=EN-US style='font-size:10.0pt;'>CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF<br>
THE SECURITIES EXCHANGE ACT OF 1934 </font></p>
<p align=center style='margin-left:0in;margin-right:0in;text-align:center;'><font face="Times New Roman" lang=EN-US style='font-size:10.0pt;'>Date of Report (Date of earliest event reported): </font><u><font face="Times New Roman" lang=EN-US style='font-size:10.0pt;'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;May 20, 2010&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></u><font face="Times New Roman" lang=EN-US style='font-size:10.0pt;'> </font></p>
<p align=center style='margin-left:0in;margin-right:0in;text-align:center;'><font face="Times New Roman" lang=EN-US style='font-size:10.0pt;'>&nbsp;</font></p>
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<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center;'><b><u><font face="Times New Roman" lang=EN-CA style='font-size:18.0pt;layout-grid-mode:char;'>THE CATO CORPORATION</font></u></b></p>
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<p style='margin:0in;margin-bottom:12.0pt;text-align:center;'><font face="Times New Roman" style='font-size:10.0pt;'>(Exact Name of Registrant as Specified in Its Charter)</font></p>
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<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center;'><u><font face="Times New Roman" lang=EN-CA style='font-size:10.0pt;layout-grid-mode:char;'>Delaware</font></u></p>
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<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center;'><u><font face="Times New Roman" lang=EN-CA style='font-size:10.0pt;layout-grid-mode:char;'>1-31340</font></u></p>
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<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center;'><u><font color=black face="Times New Roman" style='font-size:10.0pt;layout-grid-mode:char;'>56-0484485</font></u></p>
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<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center;'><u><font face="Times New Roman" lang=EN-CA style='font-size:10.0pt;layout-grid-mode:char;'>(State or Other Jurisdiction of&#160; Incorporation</font></u></p>
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<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center;'><u><font face="Times New Roman" lang=EN-CA style='font-size:10.0pt;layout-grid-mode:char;'>(Commission</font></u></p>
<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center;'><u><font face="Times New Roman" lang=EN-CA style='font-size:10.0pt;layout-grid-mode:char;'>File Number)</font></u></p>
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<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center;'><font face="Times New Roman" style='font-size:10.0pt;layout-grid-mode:char;'>(IRS Employer<br>
Identification No.)</font></p>
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<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center;'><font face="Times New Roman" lang=EN-CA style='font-size:10.0pt;layout-grid-mode:char;text-decoration:none;'>&nbsp;</font></p>
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     <td valign=top width=38% style='padding:0in 5.4pt 0in 5.4pt;'>
<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center;'><font face="Times New Roman" lang=EN-CA style='font-size:12.0pt;layout-grid-mode:char;text-decoration:none;'>&nbsp;</font></p>
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     <td valign=top width=34% style='padding:0in 5.4pt 0in 5.4pt;'>
<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center;'><font face="Times New Roman" lang=EN-CA style='font-size:12.0pt;layout-grid-mode:char;text-decoration:none;'>&nbsp;</font></p>
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<p style='margin:0in;margin-bottom:.0001pt;'><u><font face="Times New Roman" style='font-size:10.0pt;layout-grid-mode:char;'>8100 Denmark Road, Charlotte, NC</font></u></p>
<p style='margin:0in;margin-bottom:.0001pt;'><font face="Times New Roman" style='font-size:10.0pt;layout-grid-mode:char;'>(Address of Principal Executive Offices)</font></p>
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<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center;'><u><font face="Times New Roman" style='font-size:10.0pt;layout-grid-mode:char;'>28273-5975<br>
</font></u><font face="Times New Roman" style='font-size:10.0pt;layout-grid-mode:char;'>(Zip Code)</font></p>
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<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center;'><font face="Times New Roman" lang=EN-CA style='font-size:10.0pt;layout-grid-mode:char;text-decoration:none;'>&nbsp;</font></p>
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<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center;'><font face="Times New Roman" lang=EN-CA style='font-size:12.0pt;layout-grid-mode:char;text-decoration:none;'>&nbsp;</font></p>
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<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font face="Times New Roman" lang=EN-CA style='font-size:12.0pt;layout-grid-mode:char;text-decoration:none;'>&nbsp;</font></p>
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<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center;'><u><font color=black face="Times New Roman" style='font-size:10.0pt;layout-grid-mode:char;'>(704) 554-8510</font></u></p>
<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center;'><font face="Times New Roman" style='font-size:10.0pt;layout-grid-mode:char;'>(Registrant&#8217;s Telephone Number, Including Area Code)</font></p>
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<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center;'><font face="Times New Roman" lang=EN-CA style='font-size:10.0pt;layout-grid-mode:char;text-decoration:none;'>&nbsp;</font></p>
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<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center;'><font face="Times New Roman" lang=EN-CA style='font-size:12.0pt;layout-grid-mode:char;text-decoration:none;'>&nbsp;</font></p>
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<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font face="Times New Roman" lang=EN-CA style='font-size:12.0pt;layout-grid-mode:char;text-decoration:none;'>&nbsp;</font></p>
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<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center;'><u><font face="Times New Roman" style='font-size:10.0pt;layout-grid-mode:char;'>Not Applicable</font></u></p>
<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center;'><font face="Times New Roman" style='font-size:10.0pt;layout-grid-mode:char;'>(Former Name or Former Address, if Changed Since Last Report)</font></p>
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<p style='margin-left:0in;margin-right:0in;'><font face="Times New Roman" lang=EN-US style='font-size:10.0pt;'>&nbsp;</font></p>
<p style='margin:0in;margin-bottom:12.0pt;text-align:justify;'><font face="Times New Roman" lang=EN-US style='font-size:10.0pt;layout-grid-mode:char;'>Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:&#160; </font></p>
<p style='margin:0in;margin-bottom:12.0pt;text-align:justify;'><font face="Times New Roman" lang=EN-US style='font-size:10.0pt;layout-grid-mode:char;'>&#8301;&#160; Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)&#160; </font></p>
<p style='margin:0in;margin-bottom:12.0pt;text-align:justify;'><font face="Times New Roman" lang=EN-US style='font-size:10.0pt;layout-grid-mode:char;'>&#8301;&#160; Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a&#8209;12)&#160; </font></p>
<p style='margin:0in;margin-bottom:12.0pt;text-align:justify;'><font face="Times New Roman" lang=EN-US style='font-size:10.0pt;layout-grid-mode:char;'>&#8301;&#160; Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))&#160; </font></p>
<p style='margin:0in;margin-bottom:12.0pt;text-align:justify;'><font face="Times New Roman" lang=EN-US style='font-size:10.0pt;layout-grid-mode:char;'>&#8301;&#160; Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</font></p>
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<p align=center style='margin-left:0in;margin-right:0in;text-align:center;'><font face="Times New Roman" lang=EN-US style='font-size:12.0pt;'>THE CATO CORPORATION </font></p>
<p style='margin-left:0in;margin-right:0in;'><font face="Times New Roman" lang=EN-US style='font-size:12.0pt;'>Item&nbsp;2.02.&#160; Results of Operations and Financial Condition. </font></p>
<p style='margin-left:0in;margin-right:0in;'><font face="Times New Roman" lang=EN-US style='font-size:12.0pt;'>On May 20, 2010, The Cato Corporation issued a press release regarding its financial results for the first quarter ending May 1, 2010.&#160; A copy of this press release is furnished as Exhibit&nbsp;99.1 hereto. </font></p>
<p style='margin-left:0in;margin-right:0in;'><font face="Times New Roman" lang=EN-US style='font-size:12.0pt;'>Item&nbsp;9.01.&#160; Financial Statements and Exhibits. </font></p>
<p style='margin-left:0in;margin-right:0in;text-indent:.5in;'><font face="Times New Roman" lang=EN-US style='font-size:12.0pt;'>(d)&#160; Exhibits </font></p>
<p style='margin-left:0in;margin-right:0in;text-indent:.5in;'><font face="Times New Roman" lang=EN-US style='font-size:12.0pt;'>Exhibit&nbsp;99.1 &#8211; Press Release issued May 20, 2010.</font></p>
<p style='margin-left:0in;margin-right:0in;text-indent:.5in;'><font face="Times New Roman" lang=EN-US style='font-size:10.0pt;'>&nbsp;</font></p>
<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center;'><font face="Times New Roman" lang=EN-US style='font-size:10.0pt;layout-grid-mode:char;'>2</font></p>
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<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center;'><b><font face="Times New Roman" lang=EN-US style='font-size:11.0pt;'>Signatures</font></b></p>
<p style='margin:0in;margin-bottom:.0001pt;'><font face="Times New Roman" lang=EN-US style='font-size:11.0pt;'>&nbsp;</font></p>
<h3 style='margin-bottom:3.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;'><font face="Times New Roman" style='font-size:11.0pt;font-weight:normal;'>Pursua
<a name=PartIISignatures></a>nt to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.</font></h3>
<p style='margin:0in;margin-bottom:.0001pt;'><font face="Times New Roman" lang=EN-US style='font-size:11.0pt;'>&nbsp;</font></p>
<p style='margin:0in;margin-bottom:.0001pt;'><font face="Times New Roman" lang=EN-US style='font-size:11.0pt;'>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; THE CATO CORPORATION</font></p>
<p style='margin:0in;margin-bottom:.0001pt;'><font face="Times New Roman" lang=EN-US style='font-size:11.0pt;'>&nbsp;</font></p>
<p style='margin:0in;margin-bottom:.0001pt;'><font face="Times New Roman" lang=EN-US style='font-size:11.0pt;'>&nbsp;</font></p>
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<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center;'><font face="Times New Roman" style='font-size:11.0pt;'>May 21, 2010</font></p>
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<p style='margin:0in;margin-bottom:.0001pt;'><font face="Times New Roman" style='font-size:11.0pt;'>&nbsp;</font></p>
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<p style='margin:0in;margin-bottom:.0001pt;'><font face="Times New Roman" style='font-size:11.0pt;'>/s/ John P. D. Cato</font></p>
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<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center;'><font face="Times New Roman" style='font-size:11.0pt;'>Date</font></p>
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     <td valign=top width=29% style='padding:0in 5.4pt 0in 5.4pt;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font face="Times New Roman" style='font-size:11.0pt;'>&nbsp;</font></p>
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<p style='margin:0in;margin-bottom:.0001pt;'><font face="Times New Roman" style='font-size:11.0pt;'>John P. D. Cato</font></p>
<p style='margin:0in;margin-bottom:.0001pt;'><font face="Times New Roman" style='font-size:11.0pt;'>Chairman, President and</font></p>
<p style='margin:0in;margin-bottom:.0001pt;'><font face="Times New Roman" style='font-size:11.0pt;'>Chief Executive Officer</font></p>
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<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center;'><font face="Times New Roman" style='font-size:11.0pt;'>&nbsp;</font></p>
<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center;'><font face="Times New Roman" style='font-size:11.0pt;'>&nbsp;</font></p>
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<p style='margin:0in;margin-bottom:.0001pt;'><font face="Times New Roman" style='font-size:11.0pt;'>&nbsp;</font></p>
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     <td valign=top width=42% style='padding:0in 5.4pt 0in 5.4pt;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font face="Times New Roman" style='font-size:11.0pt;'>&nbsp;</font></p>
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<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center;'><font face="Times New Roman" style='font-size:11.0pt;'>May 21, 2010</font></p>
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<p style='margin:0in;margin-bottom:.0001pt;'><font face="Times New Roman" style='font-size:11.0pt;'>&nbsp;</font></p>
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<p style='margin:0in;margin-bottom:.0001pt;'><font face="Times New Roman" style='font-size:11.0pt;'>/s/ John R. Howe</font></p>
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<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center;'><font face="Times New Roman" style='font-size:11.0pt;'>Date</font></p>
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<p style='margin:0in;margin-bottom:.0001pt;'><font face="Times New Roman" style='font-size:11.0pt;'>&nbsp;</font></p>
</td>
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<p style='margin:0in;margin-bottom:.0001pt;'><font face="Times New Roman" style='font-size:11.0pt;'>John R. Howe</font></p>
<p style='margin:0in;margin-bottom:.0001pt;'><font face="Times New Roman" style='font-size:11.0pt;'>Executive Vice President</font></p>
<p style='margin:0in;margin-bottom:.0001pt;'><font face="Times New Roman" style='font-size:11.0pt;'>Chief Financial Officer</font></p>
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<p style='margin:0in;margin-bottom:.0001pt;'><font face="Times New Roman" lang=EN-US style='font-size:11.0pt;'>&nbsp;</font></p>
<p style='margin:0in;margin-bottom:.0001pt;'><font face="Times New Roman" lang=EN-US style='font-size:11.0pt;'>&nbsp;</font></p>
<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center;'><font face="Times New Roman" lang=EN-US style='font-size:11.0pt;'>3</font></p>
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<p align=center style='margin-left:0in;margin-right:0in;text-align:center;'><font face="Times New Roman" lang=EN-US style='font-size:12.0pt;'>Exhibit&nbsp;Index </font></p>
<div align=center>
<table cellpadding=0 cellspacing=0 border=0 style='border-collapse:collapse;width:314.100006pt;'>
<tr>
     <td valign=bottom width=75% style='padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font face="Times New Roman" style='font-size:12.0pt;'>&nbsp;</font></p>
</td>
     <td valign=bottom width=4% style='padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font face="Times New Roman" style='font-size:12.0pt;'>&nbsp;</font></p>
</td>
     <td valign=bottom width=6% style='padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font face="Times New Roman" style='font-size:12.0pt;'>&nbsp;</font></p>
</td>
     <td valign=bottom width=8% style='padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font face="Times New Roman" style='font-size:12.0pt;'>&nbsp;</font></p>
</td>
     <td valign=bottom width=7% style='padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font face="Times New Roman" style='font-size:12.0pt;'>&nbsp;</font></p>
</td> </tr>
<tr>
     <td valign=bottom width=75% style='padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><b><u><font face="Times New Roman" style='font-size:12.0pt;'>Exhibit</font></u></b><u><font face="Times New Roman" style='font-size:12.0pt;'> </font></u></p>
</td>
     <td valign=bottom width=4% style='padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font face="Times New Roman" style='font-size:12.0pt;'>&nbsp;</font></p>
</td>
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<p style='margin:0in;margin-bottom:.0001pt;'><b><u><font face="Times New Roman" style='font-size:12.0pt;'>Exhibit </font></u></b><u><font face="Times New Roman" style='font-size:12.0pt;'>&#160;</font></u><b><u><font face="Times New Roman" style='font-size:12.0pt;'>No</font></u></b><b><font face="Times New Roman" style='font-size:12.0pt;'>.</font></b></p>
</td> </tr>
<tr>
     <td valign=top width=75% style='padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font face="Times New Roman" style='font-size:12.0pt;'>&nbsp;</font></p>
</td>
     <td valign=bottom width=4% style='padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font face="Times New Roman" style='font-size:12.0pt;'>&nbsp;</font></p>
</td>
     <td valign=top width=6% style='padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font face="Times New Roman" style='font-size:12.0pt;'>&nbsp;</font></p>
</td>
     <td valign=top width=8% style='padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font face="Times New Roman" style='font-size:12.0pt;'>&nbsp;</font></p>
</td>
     <td valign=top width=7% style='padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font face="Times New Roman" style='font-size:12.0pt;'>&nbsp;</font></p>
</td> </tr>
<tr>
     <td valign=top width=75% style='padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font face="Times New Roman" style='font-size:12.0pt;'>Press Release issued May 20, 2010.</font></p>
</td>
     <td valign=bottom width=4% style='padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font face="Times New Roman" style='font-size:12.0pt;'>&nbsp;</font></p>
</td>
     <td valign=top width=6% style='padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font face="Times New Roman" style='font-size:12.0pt;'>&nbsp;</font></p>
</td>
     <td valign=top width=8% style='padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font face="Times New Roman" style='font-size:12.0pt;'>99.1</font></p>
</td>
     <td valign=top width=7% style='padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font face="Times New Roman" style='font-size:12.0pt;'>&nbsp;</font></p>
</td> </tr> </table> </div>
<p align=center style='margin-left:0in;margin-right:0in;text-align:center;'><font face="Times New Roman" lang=EN-US style='font-size:10.0pt;'>&nbsp;</font></p>
<p align=center style='margin-left:0in;margin-right:0in;text-align:center;'><font face="Times New Roman" lang=EN-US style='font-size:10.0pt;'>4</font></p>
<p style='margin:0in;margin-bottom:.0001pt;'><font face="Times New Roman" lang=EN-US style='font-size:11.0pt;'>&nbsp;</font></p>
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<p style='margin:0in;margin-bottom:.0001pt;'><b><font face=Arial lang=EN-US style='font-size:14.0pt;'>&nbsp;</font></b></p>
<p style='margin:0in;margin-bottom:.0001pt;'><b><font face=Arial lang=EN-US style='font-size:14.0pt;'>&nbsp;</font></b></p>
<p style='margin:0in;margin-bottom:.0001pt;'><b><font face=Arial lang=EN-US style='font-size:14.0pt;'>The CATO Corporation</font></b></p>
<p style='margin:0in;margin-bottom:.0001pt;'><font face=Courier lang=EN-US style='font-size:12.0pt;'>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b><u><font face=Arial lang=EN-US style='font-size:16.0pt;'>NEWS RELEASE</font></u></b></p>
<h1 style='margin:0in;margin-bottom:.0001pt;page-break-after:avoid;'><b><u><font face=Arial style='font-size:14.0pt;'>FOR IMMEDIATE RELEASE</font></u></b></h1>
<p style='margin:0in;margin-bottom:.0001pt;margin-left:1.5in;text-indent:.5in;'><font face=Courier lang=EN-US style='font-size:12.0pt;'>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></p>
<p style='margin:0in;margin-bottom:.0001pt;'><font face=Arial lang=EN-US style='font-size:12.0pt;'>For Further Information Contact:</font></p>
<p style='margin:0in;margin-bottom:.0001pt;'><font face=Arial lang=EN-US style='font-size:12.0pt;'>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; John R. Howe</font></p>
<p style='margin:0in;margin-bottom:.0001pt;'><font face=Arial lang=EN-US style='font-size:12.0pt;'>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Executive Vice President</font></p>
<p style='margin:0in;margin-bottom:.0001pt;'><font face=Arial lang=EN-US style='font-size:12.0pt;'>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Chief Financial Officer</font></p>
<p style='margin:0in;margin-bottom:.0001pt;'><font face=Arial lang=EN-US style='font-size:12.0pt;'>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; 704-551-7315</font></p>
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<p align=center style='border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:center;'><b><font face=Arial lang=EN-US style='font-size:14.0pt;'>CATO REPORTS RECORD 1Q EPS UP 44%</font></b></p>
<p align=center style='border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:center;'><b><font face=Arial lang=EN-US style='font-size:14.0pt;'>Provides 2Q and Updates 2010 Guidance</font></b></p>
<p align=center style='border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:center;'><b><font face="Times New Roman" lang=EN-US style='font-size:14.0pt;'>&nbsp;</font></b></p>
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<p style='margin:0in;margin-bottom:.0001pt;'><b><font face=Courier lang=EN-US style='font-size:13.0pt;'>&nbsp;</font></b></p>
<p style='line-height:150%;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;'><font face=Arial style='line-height:150%;'><font face=Arial lang=EN-US style='font-size:11.0pt;'>Charlotte, NC (May 20, 2010) &#8211; The Cato Corporation (NYSE: CATO) today reported record net income of $27.1 million or $.92 per diluted share for the first quarter ended May 1, 2010, compared to net income of $18.8 million or $.64 per diluted share for the first quarter ended May 2, 2009.&#160; Net income increased and earnings per diluted share</font><b><font face=Arial lang=EN-US style='font-size:11.0pt;'> </font></b><font face=Arial lang=EN-US style='font-size:11.0pt;'>both</font><b><font face=Arial lang=EN-US style='font-size:11.0pt;'> </font></b><font face=Arial lang=EN-US style='font-size:11.0pt;'>increased 44% for the quarter.&#160; Sales for the first quarter were $259.8 million, a 9% increase over sales of $238.1 million for the first quarter ended May 2, 2009.&#160;&#160; The Company&#8217;s same stor
e sales increased 8% in the first quarter.</font></font></p>
<p style='line-height:150%;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;'><font face=Arial style='line-height:150%;'><font face=Arial lang=EN-US style='font-size:11.0pt;'>&nbsp;</font></font></p>
<p style='line-height:150%;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;'><font face=Arial style='line-height:150%;'><font face=Arial lang=EN-US style='font-size:11.0pt;'>&#8220;Strong Easter sales and favorable weather were driving factors in generating a record quarter,&#8221; commented John Cato, Chairman, President, and Chief Executive Officer.&#160; &#8220;A significant degree of uncertainty remains in the economic outlook in many of our markets and for many of our customers.&#160; Based on that uncertainty, we are continuing to take a conservative position with our sales expectations and estimate same store sales will be in the range of down 3% to flat for the second quarter.&#160; Considering those sales expectations and a strong second quarter last year, we are maintaining our estimate of second quarter earnings per diluted share reflected in our 2010 guidance in the range of $.43 to $.46 versus $.56 last year.&#160; After adjusting our original 2010 guidance for first quarte
r actual results, our estimate of earnings per diluted share for the full year is now a range of $1.72 to $1.81 versus $1.55 last year.&#8221;</font></font></p>
<p style='line-height:150%;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;'><font face=Arial style='line-height:150%;'><font face=Arial lang=EN-US style='font-size:11.0pt;'>&nbsp;</font></font></p>
<p style='line-height:150%;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;'><font face=Arial style='line-height:150%;'><font face=Arial lang=EN-US style='font-size:11.0pt;'>Gross margin in the quarter increased 310 basis points to 43.5% principally as a result of lower</font></font></p>
<p style='line-height:normal;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;'><font face=Arial lang=EN-US style='font-size:12.0pt;'>&nbsp;</font></p>
<p style='line-height:normal;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;'><font face=Arial lang=EN-US style='font-size:10.0pt;'>8100 Denmark Road</font></p>
<p style='line-height:normal;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;'><font face=Arial lang=EN-US style='font-size:10.0pt;'>P. O. Box 34216</font></p>
<p style='line-height:normal;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;'><font face=Arial lang=EN-US style='font-size:10.0pt;'>Charlotte, NC&#160; 28234</font></p>
<p style='line-height:150%;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;'><font face=Arial style='line-height:150%;'><font face=Arial lang=EN-US style='font-size:10.0pt;'>(704) 554-8510</font></font></p>
<p align=center style='line-height:150%;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;'><font face="Times New Roman" style='line-height:150%;'><font face="Times New Roman" lang=EN-US style='font-size:10.0pt;'>5</font></font></p>
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<p style='line-height:150%;margin:0in;margin-bottom:.0001pt;'><font face=Arial style='line-height:150%;'><font face=Arial lang=EN-US style='font-size:11.0pt;'>markdowns in the quarter.&#160; SG&amp;A expenses as a percent of sales decreased during the quarter primarily as a result of leveraging higher sales.&#160; On a dollar basis, SG&amp;A increased 6% principally due to higher accrued incentive compensation and health and workers&#8217; compensation insurance costs slightly offset by lower store closing and legal costs.&#160; The Company&#8217;s cash and short-term investments increased by $21.8 million during the quarter to $222.7 million.</font></font></p>
<p style='margin:0in;margin-bottom:.0001pt;'><font face=Arial lang=EN-US style='font-size:11.0pt;'>&nbsp;</font></p>
<p style='line-height:150%;margin:0in;margin-bottom:.0001pt;'><font face=Arial style='line-height:150%;'><font face=Arial lang=EN-US style='font-size:11.0pt;'>During the first quarter, the Company opened four stores, relocated one store and closed three stores.&#160; Two of the closings were It&#8217;s Fashion stores closed to open an It&#8217;s Fashion Metro store in the same market.&#160; As of May 1, 2010, the Company operated 1,272 stores in 31 states, compared to 1,285 stores in 31 states as of May 2, 2009.&#160; </font></font></p>
<p style='line-height:150%;margin:0in;margin-bottom:.0001pt;'><font face=Arial style='line-height:150%;'><font face=Arial lang=EN-US style='font-size:11.0pt;'>&nbsp;</font></font></p>
<p style='line-height:150%;margin:0in;margin-bottom:.0001pt;'><font face=Arial style='line-height:150%;'><font face=Arial lang=EN-US style='font-size:11.0pt;'>The Cato Corporation is a leading specialty retailer of value-priced women&#8217;s fashion apparel and accessories operating two divisions, &#8220;Cato&#8221; and &#8220;It&#8217;s Fashion&#8221;.&#160; The Company&#8217;s Cato division offers exclusive merchandise with fashion and quality comparable to mall specialty stores at low prices every day.&#160; The It&#8217;s Fashion division offers fashion with a focus on the latest trendy styles and nationally recognized urban brands for the entire family at low prices every day.&#160; Additional information on The Cato Corporation is available at www.catocorp.com.&#160;&#160; </font></font></p>
<p style='line-height:normal;margin-bottom:6.0pt;margin-left:0in;margin-right:0in;margin-top:0in;'><font face=Arial lang=EN-US style='font-size:11.0pt;'>&nbsp;</font></p>
<p style='line-height:normal;margin-bottom:6.0pt;margin-left:0in;margin-right:0in;margin-top:0in;'><i><font face=Arial lang=EN-US style='font-size:11.0pt;'>Statements in this press release not historical in nature including, without limitation, statements regarding the Company&#8217;s expected sales and financial results for the second quarter and year 2010 are considered &#8220;forward-looking&#8221; within the meaning of The Private Securities Litigation Reform Act of 1995.&#160; Such forward-looking statements are based on current expectations that are subject to known and unknown risks, uncertainties and other factors that could cause actual results to differ materially from those contemplated by the forward-looking statements.&#160; Such factors include, but are not limited to, the following: general economic conditions; competitive factors and pricing pressures; the Company&#8217;s ability to predict fashion trends; consumer apparel buying patterns; adverse weather conditions and inventory risks due to
 shifts in market demand.&#160; Additional information concerning these and other important factors can be found in Item 1A. &#8220;Risk Factors&#8221; of the Company&#8217;s most recent Annual Report on Form 10-K and any subsequent Quarterly Reports on Form 10-Q filed with the Securities and Exchange Commission. The Company does not undertake to publicly update or revise the forward-looking statements even if experience or future changes make it clear that the projected results expressed or implied therein will not be realized.&#160; The Company is not responsible for any changes made to this press release by wire or Internet services. </font></i></p>
<p style='line-height:normal;margin-bottom:6.0pt;margin-left:0in;margin-right:0in;margin-top:0in;'><i><font face=Arial lang=EN-US style='font-size:11.0pt;'>&nbsp;</font></i></p>
<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center;'><font face=Arial lang=EN-US style='font-size:11.0pt;'># # #</font></p>
<p style='line-height:150%;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;'><font face=Arial lang=EN-US style='font-size:12.0pt;'>&nbsp;</font></p>
<p style='line-height:normal;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;'><font face=Arial lang=EN-US style='font-size:10.0pt;'>8100 Denmark Road</font></p>
<p style='line-height:normal;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;'><font face=Arial lang=EN-US style='font-size:10.0pt;'>P. O. Box 34216</font></p>
<p style='line-height:normal;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;'><font face=Arial lang=EN-US style='font-size:10.0pt;'>Charlotte, NC&#160; 28234</font></p>
<p style='line-height:150%;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;'><font face=Arial style='line-height:150%;'><font face=Arial lang=EN-US style='font-size:10.0pt;'>(704) 554-8510</font></font></p>
<p align=center style='line-height:150%;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;'><font face="Times New Roman" style='line-height:150%;'><font face="Times New Roman" lang=EN-US style='font-size:10.0pt;'>6</font></font></p>
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<p style='line-height:.7pt;margin:0in;margin-bottom:.0001pt;'><font face="Times New Roman" lang=EN-US style='font-size:10.0pt;'>&nbsp;</font></p>
<p style='margin:0in;margin-bottom:.0001pt;'><b><font face="Times New Roman" lang=EN-US style='font-size:11.0pt;'>THE CATO CORPORATION</font></b></p>
<p style='margin:0in;margin-bottom:.0001pt;page-break-after:avoid;'><b><font face="Times New Roman" lang=EN-US style='font-size:11.0pt;'>CONDENSED CONSOLIDATED STA
<a name=IS></a>TEMENTS OF INCOME (UNAUDITED)</font></b></p>
<p style='margin:0in;margin-bottom:.0001pt;'><b><font face="Times New Roman" lang=EN-US style='font-size:11.0pt;'>FOR THE PERIODS ENDED MAY 1, 2010 AND MAY 2, 2009</font></b></p>
<p style='margin:0in;margin-bottom:.0001pt;'><font face="Times New Roman" lang=EN-US style='font-size:9.0pt;'>(Dollars in thousands, except per share data)</font></p>
<p style='margin:0in;margin-bottom:.0001pt;'><font face="Times New Roman" lang=EN-US style='font-size:9.0pt;'>&nbsp;</font></p>
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<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center;'><b><font color=black face=Arial style='font-size:8.5pt;'>Quarter Ended</font></b></p>
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<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center;'><b><font color=black face=Arial style='font-size:8.5pt;'>May 1,</font></b></p>
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<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center;'><b><font color=black face=Arial style='font-size:8.5pt;'>2010&nbsp;</font></b></p>
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<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center;'><b><font color=black face=Arial style='font-size:8.5pt;'>Sales</font></b></p>
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<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center;'><b><font color=black face=Arial style='font-size:8.5pt;'>&nbsp;</font></b></p>
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<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center;'><font color=black face=Arial style='font-size:8.5pt;'>2009&nbsp;</font></p>
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<p style='margin:0in;margin-bottom:.0001pt;'><b><font color=black face=Arial style='font-size:8.5pt;'>REVENUES</font></b></p>
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<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>&#160; Retail sales</font></p>
</td>
     <td valign=bottom width=3% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><b><font color=black face=Arial style='font-size:8.5pt;'>$</font></b></p>
</td>
     <td valign=bottom width=13% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>259,760&nbsp;</font></b></p>
</td>
     <td valign=bottom width=11% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>100.0%</font></b></p>
</td>
     <td valign=bottom width=8% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center;'><b><font color=black face=Arial style='font-size:8.5pt;'>&nbsp;</font></b></p>
</td>
     <td valign=bottom width=3% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>$</font></p>
</td>
     <td valign=bottom width=12% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>238,055&nbsp;</font></p>
</td>
     <td valign=bottom width=11% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>100.0%</font></p>
</td> </tr>
<tr style='height:12.75pt;'>
     <td valign=bottom width=39% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>&#160; Other income (principally finance,</font></p>
</td>
     <td valign=bottom width=3% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=bottom width=13% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=bottom width=11% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=bottom width=8% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center;'><b><i><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></i></b></p>
</td>
     <td valign=bottom width=3% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=bottom width=12% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=bottom width=11% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td> </tr>
<tr style='height:12.75pt;'>
     <td valign=bottom width=39% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;&#160;&#160; late fees and layaway charges)</font></p>
</td>
     <td valign=bottom width=3% style='background:white;border-bottom:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=bottom width=13% style='background:white;border-bottom:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>2,923&nbsp;</font></b></p>
</td>
     <td valign=bottom width=11% style='background:white;border-bottom:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>1.1%</font></b></p>
</td>
     <td valign=bottom width=8% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center;'><b><font color=black face=Arial style='font-size:8.5pt;'>&nbsp;</font></b></p>
</td>
     <td valign=bottom width=3% style='background:white;border-bottom:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=bottom width=12% style='background:white;border-bottom:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>2,972&nbsp;</font></p>
</td>
     <td valign=bottom width=11% style='background:white;border-bottom:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>1.3%</font></p>
</td> </tr>
<tr style='height:12.75pt;'>
     <td valign=bottom width=39% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=bottom width=3% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=bottom width=13% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=bottom width=11% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=bottom width=8% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center;'><b><i><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></i></b></p>
</td>
     <td valign=bottom width=3% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=bottom width=12% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=bottom width=11% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td> </tr>
<tr style='height:12.75pt;'>
     <td valign=bottom width=39% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;&#160;&#160; Total revenues</font></p>
</td>
     <td valign=bottom width=3% style='background:white;border-bottom:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=bottom width=13% style='background:white;border-bottom:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>262,683&nbsp;</font></b></p>
</td>
     <td valign=bottom width=11% style='background:white;border-bottom:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>101.1%</font></b></p>
</td>
     <td valign=bottom width=8% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center;'><b><font color=black face=Arial style='font-size:8.5pt;'>&nbsp;</font></b></p>
</td>
     <td valign=bottom width=3% style='background:white;border-bottom:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=bottom width=12% style='background:white;border-bottom:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>241,027&nbsp;</font></p>
</td>
     <td valign=bottom width=11% style='background:white;border-bottom:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>101.3%</font></p>
</td> </tr>
<tr style='height:12.75pt;'>
     <td valign=bottom width=39% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=bottom width=3% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=bottom width=13% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=bottom width=11% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=bottom width=8% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center;'><b><i><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></i></b></p>
</td>
     <td valign=bottom width=3% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=bottom width=12% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=bottom width=11% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td> </tr>
<tr style='height:12.75pt;'>
     <td valign=bottom width=39% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><b><font color=black face=Arial style='font-size:8.5pt;'>GROSS MARGIN (Memo)</font></b></p>
</td>
     <td valign=bottom width=3% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=bottom width=13% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>112,906&nbsp;</font></b></p>
</td>
     <td valign=bottom width=11% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>43.5%</font></b></p>
</td>
     <td valign=bottom width=8% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center;'><b><i><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></i></b></p>
</td>
     <td valign=bottom width=3% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=bottom width=12% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>96,142&nbsp;</font></p>
</td>
     <td valign=bottom width=11% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>40.4%</font></p>
</td> </tr>
<tr style='height:12.75pt;'>
     <td valign=bottom width=39% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=bottom width=3% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=bottom width=13% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=bottom width=11% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=bottom width=8% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center;'><b><i><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></i></b></p>
</td>
     <td valign=bottom width=3% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=bottom width=12% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=bottom width=11% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td> </tr>
<tr style='height:12.75pt;'>
     <td valign=bottom width=39% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><b><font color=black face=Arial style='font-size:8.5pt;'>COSTS AND EXPENSES, NET</font></b></p>
</td>
     <td valign=bottom width=3% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=bottom width=13% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=bottom width=11% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=bottom width=8% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center;'><b><i><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></i></b></p>
</td>
     <td valign=bottom width=3% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=bottom width=12% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=bottom width=11% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td> </tr>
<tr style='height:12.75pt;'>
     <td valign=bottom width=39% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>&#160; Cost of goods sold</font></p>
</td>
     <td valign=bottom width=3% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=bottom width=13% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>146,854&nbsp;</font></b></p>
</td>
     <td valign=bottom width=11% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>56.5%</font></b></p>
</td>
     <td valign=bottom width=8% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center;'><b><font color=black face=Arial style='font-size:8.5pt;'>&nbsp;</font></b></p>
</td>
     <td valign=bottom width=3% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=bottom width=12% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>141,913&nbsp;</font></p>
</td>
     <td valign=bottom width=11% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>59.6%</font></p>
</td> </tr>
<tr style='height:12.75pt;'>
     <td valign=bottom width=39% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>&#160; Selling, general and administrative</font></p>
</td>
     <td valign=bottom width=3% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=bottom width=13% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>68,559&nbsp;</font></b></p>
</td>
     <td valign=bottom width=11% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>26.4%</font></b></p>
</td>
     <td valign=bottom width=8% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center;'><b><font color=black face=Arial style='font-size:8.5pt;'>&nbsp;</font></b></p>
</td>
     <td valign=bottom width=3% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=bottom width=12% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>64,644&nbsp;</font></p>
</td>
     <td valign=bottom width=11% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>27.2%</font></p>
</td> </tr>
<tr style='height:12.75pt;'>
     <td valign=bottom width=39% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>&#160; Depreciation</font></p>
</td>
     <td valign=bottom width=3% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=bottom width=13% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>5,271&nbsp;</font></b></p>
</td>
     <td valign=bottom width=11% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>2.0%</font></b></p>
</td>
     <td valign=bottom width=8% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center;'><b><font color=black face=Arial style='font-size:8.5pt;'>&nbsp;</font></b></p>
</td>
     <td valign=bottom width=3% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=bottom width=12% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>5,544&nbsp;</font></p>
</td>
     <td valign=bottom width=11% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>2.3%</font></p>
</td> </tr>
<tr style='height:12.75pt;'>
     <td valign=bottom width=39% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>&#160; Interest and other income</font></p>
</td>
     <td valign=bottom width=3% style='background:white;border-bottom:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=bottom width=13% style='background:white;border-bottom:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>(892)</font></b></p>
</td>
     <td valign=bottom width=11% style='background:white;border-bottom:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>-0.3%</font></b></p>
</td>
     <td valign=bottom width=8% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center;'><b><font color=black face=Arial style='font-size:8.5pt;'>&nbsp;</font></b></p>
</td>
     <td valign=bottom width=3% style='background:white;border-bottom:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=bottom width=12% style='background:white;border-bottom:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>(1,060)</font></p>
</td>
     <td valign=bottom width=11% style='background:white;border-bottom:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>-0.4%</font></p>
</td> </tr>
<tr style='height:12.75pt;'>
     <td valign=bottom width=39% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=bottom width=3% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=bottom width=13% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=bottom width=11% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=bottom width=8% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center;'><b><i><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></i></b></p>
</td>
     <td valign=bottom width=3% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=bottom width=12% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=bottom width=11% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td> </tr>
<tr style='height:12.75pt;'>
     <td valign=bottom width=39% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;&#160;&#160; Cost and expenses, net</font></p>
</td>
     <td valign=bottom width=3% style='background:white;border-bottom:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=bottom width=13% style='background:white;border-bottom:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>219,792&nbsp;</font></b></p>
</td>
     <td valign=bottom width=11% style='background:white;border-bottom:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>84.6%</font></b></p>
</td>
     <td valign=bottom width=8% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center;'><b><font color=black face=Arial style='font-size:8.5pt;'>&nbsp;</font></b></p>
</td>
     <td valign=bottom width=3% style='background:white;border-bottom:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=bottom width=12% style='background:white;border-bottom:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>211,041&nbsp;</font></p>
</td>
     <td valign=bottom width=11% style='background:white;border-bottom:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>88.7%</font></p>
</td> </tr>
<tr style='height:12.75pt;'>
     <td valign=bottom width=39% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=bottom width=3% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=bottom width=13% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=bottom width=11% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=bottom width=8% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center;'><b><i><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></i></b></p>
</td>
     <td valign=bottom width=3% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=bottom width=12% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=bottom width=11% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td> </tr>
<tr style='height:12.75pt;'>
     <td valign=bottom width=39% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=bottom width=3% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=bottom width=13% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=bottom width=11% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=bottom width=8% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center;'><b><i><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></i></b></p>
</td>
     <td valign=bottom width=3% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=bottom width=12% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=bottom width=11% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td> </tr>
<tr style='height:12.75pt;'>
     <td valign=bottom width=39% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>Income Before Income Taxes</font></p>
</td>
     <td valign=bottom width=3% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=bottom width=13% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>42,891&nbsp;</font></b></p>
</td>
     <td valign=bottom width=11% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>16.5%</font></b></p>
</td>
     <td valign=bottom width=8% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center;'><b><font color=black face=Arial style='font-size:8.5pt;'>&nbsp;</font></b></p>
</td>
     <td valign=bottom width=3% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=bottom width=12% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>29,986&nbsp;</font></p>
</td>
     <td valign=bottom width=11% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>12.6%</font></p>
</td> </tr>
<tr style='height:12.75pt;'>
     <td valign=bottom width=39% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=bottom width=3% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=bottom width=13% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=bottom width=11% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=bottom width=8% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center;'><b><i><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></i></b></p>
</td>
     <td valign=bottom width=3% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=bottom width=12% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=bottom width=11% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td> </tr>
<tr style='height:12.75pt;'>
     <td valign=bottom width=39% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>Income Tax Expense</font></p>
</td>
     <td valign=bottom width=3% style='background:white;border-bottom:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=bottom width=13% style='background:white;border-bottom:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>15,831&nbsp;</font></b></p>
</td>
     <td valign=bottom width=11% style='background:white;border-bottom:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>6.1%</font></b></p>
</td>
     <td valign=bottom width=8% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center;'><b><font color=black face=Arial style='font-size:8.5pt;'>&nbsp;</font></b></p>
</td>
     <td valign=bottom width=3% style='background:white;border-bottom:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=bottom width=12% style='background:white;border-bottom:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>11,173&nbsp;</font></p>
</td>
     <td valign=bottom width=11% style='background:white;border-bottom:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>4.7%</font></p>
</td> </tr>
<tr style='height:12.75pt;'>
     <td valign=bottom width=39% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=bottom width=3% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=bottom width=13% style='background:white;height:12.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
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<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
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<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
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<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>Net Income</font></p>
</td>
     <td valign=bottom width=3% style='background:white;border-bottom:double black 2.25pt;height:13.5pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><b><font color=black face=Arial style='font-size:8.5pt;'>$</font></b></p>
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<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>27,060&nbsp;</font></b></p>
</td>
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<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>10.4%</font></b></p>
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<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center;'><b><font color=black face=Arial style='font-size:8.5pt;'>&nbsp;</font></b></p>
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<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>$</font></p>
</td>
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<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>18,813&nbsp;</font></p>
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<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>7.9%</font></p>
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<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>Basic Earnings Per Share</font></p>
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<p style='margin:0in;margin-bottom:.0001pt;'><b><font color=black face=Arial style='font-size:8.5pt;'>$</font></b></p>
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<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>0.92&nbsp;</font></b></p>
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<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>$</font></p>
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<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>0.64&nbsp;</font></p>
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<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>Diluted Earnings Per Share</font></p>
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<p style='margin:0in;margin-bottom:.0001pt;'><b><font color=black face=Arial style='font-size:8.5pt;'>$</font></b></p>
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<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>0.92&nbsp;</font></b></p>
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<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>$</font></p>
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<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>0.64&nbsp;</font></p>
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<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center;'><font color=black face="Times New Roman" style='font-size:8.5pt;'>7&nbsp;</font></p>
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<DIV STYLE="page-break-before: always"></div>
<a name="page_4"></a>
<p style='line-height:.7pt;margin:0in;margin-bottom:.0001pt;'><font face="Times New Roman" lang=EN-US style='font-size:9.0pt;'>&nbsp;</font></p>
<p style='margin:0in;margin-bottom:.0001pt;'><b><font face="Times New Roman" lang=EN-US style='font-size:11.0pt;'>THE CATO CORPORATION</font></b></p>
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<a name=BS></a>ED BALANCE SHEETS</font></b></p>
<p style='margin:0in;margin-bottom:.0001pt;'><font face="Times New Roman" lang=EN-US style='font-size:9.0pt;'>(Dollars in thousands)</font></p>
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<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
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<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
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<tr style='height:12.0pt;'>
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<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>Cash and cash equivalents </font></p>
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     <td valign=top width=2% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center;'><b><font color=black face=Arial style='font-size:8.5pt;'>$</font></b></p>
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<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>53,718&nbsp;</font></b></p>
</td>
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<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=top width=2% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center;'><font color=black face=Arial style='font-size:8.5pt;'>$</font></p>
</td>
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<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>42,006&nbsp;</font></p>
</td>
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<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
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<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center;'><font color=black face=Arial style='font-size:8.5pt;'>$</font></p>
</td>
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<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>50,385&nbsp;</font></p>
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<tr style='height:12.0pt;'>
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<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>Short-term investments </font></p>
</td>
     <td valign=top width=2% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=top width=11% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>166,417&nbsp;</font></b></p>
</td>
     <td valign=top width=4% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=top width=2% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=top width=11% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>115,696&nbsp;</font></p>
</td>
     <td valign=top width=4% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=top width=2% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=bottom width=12% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>147,955&nbsp;</font></p>
</td> </tr>
<tr style='height:12.0pt;'>
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<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>Restricted cash </font></p>
</td>
     <td valign=top width=2% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=top width=11% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>2,565&nbsp;</font></b></p>
</td>
     <td valign=top width=4% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=top width=2% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=top width=11% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>9,016&nbsp;</font></p>
</td>
     <td valign=top width=4% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=top width=2% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=bottom width=12% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>2,575&nbsp;</font></p>
</td> </tr>
<tr style='height:12.0pt;'>
     <td width=52% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>Accounts receivable - net</font></p>
</td>
     <td valign=top width=2% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=top width=11% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>40,742&nbsp;</font></b></p>
</td>
     <td valign=top width=4% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=top width=2% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=top width=11% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>42,518&nbsp;</font></p>
</td>
     <td valign=top width=4% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=top width=2% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=bottom width=12% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>40,154&nbsp;</font></p>
</td> </tr>
<tr style='height:12.0pt;'>
     <td valign=top width=52% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>Merchandise inventories </font></p>
</td>
     <td valign=top width=2% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=top width=11% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>106,710&nbsp;</font></b></p>
</td>
     <td valign=top width=4% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=top width=2% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=top width=11% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>114,339&nbsp;</font></p>
</td>
     <td valign=top width=4% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=top width=2% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=bottom width=12% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>118,628&nbsp;</font></p>
</td> </tr>
<tr style='height:12.0pt;'>
     <td valign=top width=52% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>Other current assets</font></p>
</td>
     <td valign=top width=2% style='background:white;border-bottom:solid black 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=top width=11% style='background:white;border-bottom:solid black 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>12,827&nbsp;</font></b></p>
</td>
     <td valign=top width=4% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=top width=2% style='background:white;border-bottom:solid black 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=top width=11% style='background:white;border-bottom:solid black 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>13,936&nbsp;</font></p>
</td>
     <td valign=top width=4% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=top width=2% style='background:white;border-bottom:solid black 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=bottom width=12% style='background:white;border-bottom:solid black 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>11,070&nbsp;</font></p>
</td> </tr>
<tr style='height:12.0pt;'>
     <td valign=top width=52% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=top width=2% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=top width=11% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=top width=4% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=top width=2% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=top width=11% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=top width=4% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=top width=2% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=bottom width=12% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td> </tr>
<tr style='height:12.0pt;'>
     <td valign=top width=52% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>Total Current Assets </font></p>
</td>
     <td valign=top width=2% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=top width=11% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>382,979&nbsp;</font></b></p>
</td>
     <td valign=top width=4% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=top width=2% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=top width=11% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>337,511&nbsp;</font></p>
</td>
     <td valign=top width=4% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=top width=2% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=bottom width=12% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>370,767&nbsp;</font></p>
</td> </tr>
<tr style='height:12.0pt;'>
     <td valign=top width=52% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=top width=2% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=top width=11% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=top width=4% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=top width=2% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=top width=11% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=top width=4% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=top width=2% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=bottom width=12% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td> </tr>
<tr style='height:12.0pt;'>
     <td valign=top width=52% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>Property and equipment &#8211; net </font></p>
</td>
     <td valign=top width=2% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=top width=11% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>101,469&nbsp;</font></b></p>
</td>
     <td valign=top width=4% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=top width=2% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=top width=11% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>114,096&nbsp;</font></p>
</td>
     <td valign=top width=4% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=top width=2% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=bottom width=12% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>102,769&nbsp;</font></p>
</td> </tr>
<tr style='height:12.0pt;'>
     <td valign=top width=52% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=top width=2% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=top width=11% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=top width=4% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=top width=2% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=top width=11% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=top width=4% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=top width=2% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=bottom width=12% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td> </tr>
<tr style='height:12.0pt;'>
     <td valign=top width=52% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>Other assets </font></p>
</td>
     <td valign=top width=2% style='background:white;border-bottom:solid black 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=top width=11% style='background:white;border-bottom:solid black 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>7,541&nbsp;</font></b></p>
</td>
     <td valign=top width=4% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=top width=2% style='background:white;border-bottom:solid black 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=top width=11% style='background:white;border-bottom:solid black 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>7,228&nbsp;</font></p>
</td>
     <td valign=top width=4% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=top width=2% style='background:white;border-bottom:solid black 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=bottom width=12% style='background:white;border-bottom:solid black 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>7,454&nbsp;</font></p>
</td> </tr>
<tr style='height:12.0pt;'>
     <td valign=top width=52% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=top width=2% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=top width=11% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=top width=4% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=top width=2% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=top width=11% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=top width=4% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=top width=2% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=bottom width=12% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td> </tr>
<tr style='height:12.0pt;'>
     <td valign=top width=52% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>TOTAL</font></p>
</td>
     <td valign=top width=2% style='background:white;border-bottom:double black 2.25pt;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center;'><b><font color=black face=Arial style='font-size:8.5pt;'>$</font></b></p>
</td>
     <td valign=top width=11% style='background:white;border-bottom:double black 2.25pt;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>491,989&nbsp;</font></b></p>
</td>
     <td valign=top width=4% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=top width=2% style='background:white;border-bottom:double black 2.25pt;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center;'><font color=black face=Arial style='font-size:8.5pt;'>$</font></p>
</td>
     <td valign=top width=11% style='background:white;border-bottom:double black 2.25pt;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>458,835&nbsp;</font></p>
</td>
     <td valign=top width=4% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=top width=2% style='background:white;border-bottom:double black 2.25pt;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center;'><font color=black face=Arial style='font-size:8.5pt;'>$</font></p>
</td>
     <td valign=top width=12% style='background:white;border-bottom:double black 2.25pt;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>480,990&nbsp;</font></p>
</td> </tr>
<tr style='height:12.0pt;'>
     <td valign=top width=52% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=top width=2% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=top width=11% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
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<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
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<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
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<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
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<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
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<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
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<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
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<p style='margin:0in;margin-bottom:.0001pt;'><b><font color=black face=Arial style='font-size:8.5pt;'>LIABILITIES AND STOCKHOLDERS' EQUITY</font></b></p>
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<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
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<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
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<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
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<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
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<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
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<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
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<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
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<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
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<tr style='height:12.0pt;'>
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<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:10.0pt;'>&#160;</font></p>
</td>
     <td valign=top width=2% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
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<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
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<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
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<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
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<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=top width=4% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=top width=2% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=top width=12% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td> </tr>
<tr style='height:12.0pt;'>
     <td valign=top width=52% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>Current Liabilities:</font></p>
</td>
     <td valign=top width=2% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center;'><b><font color=black face=Arial style='font-size:8.5pt;'>$</font></b></p>
</td>
     <td valign=top width=11% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>160,135&nbsp;</font></b></p>
</td>
     <td valign=top width=4% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=top width=2% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center;'><font color=black face=Arial style='font-size:8.5pt;'>$</font></p>
</td>
     <td valign=top width=11% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>160,500&nbsp;</font></p>
</td>
     <td valign=top width=4% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=top width=2% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center;'><font color=black face=Arial style='font-size:8.5pt;'>$</font></p>
</td>
     <td valign=bottom width=12% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>168,468&nbsp;</font></p>
</td> </tr>
<tr style='height:12.0pt;'>
     <td valign=top width=52% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=top width=2% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=top width=11% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=top width=4% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=top width=2% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=top width=11% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=top width=4% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=top width=2% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=bottom width=12% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td> </tr>
<tr style='height:12.0pt;'>
     <td valign=top width=52% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>Noncurrent Liabilities</font></p>
</td>
     <td valign=top width=2% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=top width=11% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>20,554&nbsp;</font></b></p>
</td>
     <td valign=top width=4% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=top width=2% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=top width=11% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>21,853&nbsp;</font></p>
</td>
     <td valign=top width=4% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=top width=2% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=bottom width=12% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>21,210&nbsp;</font></p>
</td> </tr>
<tr style='height:12.0pt;'>
     <td valign=top width=52% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=top width=2% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=top width=11% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=top width=4% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=top width=2% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=top width=11% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=top width=4% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=top width=2% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=bottom width=12% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td> </tr>
<tr style='height:12.0pt;'>
     <td valign=top width=52% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>Stockholders' Equity</font></p>
</td>
     <td valign=top width=2% style='background:white;border-bottom:solid black 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=top width=11% style='background:white;border-bottom:solid black 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>311,300&nbsp;</font></b></p>
</td>
     <td valign=top width=4% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=top width=2% style='background:white;border-bottom:solid black 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=top width=11% style='background:white;border-bottom:solid black 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>276,482&nbsp;</font></p>
</td>
     <td valign=top width=4% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=top width=2% style='background:white;border-bottom:solid black 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=top width=12% style='background:white;border-bottom:solid black 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>291,312&nbsp;</font></p>
</td> </tr>
<tr style='height:12.0pt;'>
     <td valign=top width=52% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=top width=2% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=top width=11% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=top width=4% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=top width=2% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=top width=11% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=top width=4% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=top width=2% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=bottom width=12% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td> </tr>
<tr style='height:12.0pt;'>
     <td valign=top width=52% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;&#160;&#160;&#160; TOTAL</font></p>
</td>
     <td valign=top width=2% style='background:white;border-bottom:double black 2.25pt;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center;'><b><font color=black face=Arial style='font-size:8.5pt;'>$</font></b></p>
</td>
     <td valign=top width=11% style='background:white;border-bottom:double black 2.25pt;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>491,989&nbsp;</font></b></p>
</td>
     <td valign=top width=4% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=top width=2% style='background:white;border-bottom:double black 2.25pt;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center;'><b><font color=black face=Arial style='font-size:8.5pt;'>$</font></b></p>
</td>
     <td valign=top width=11% style='background:white;border-bottom:double black 2.25pt;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>458,835&nbsp;</font></b></p>
</td>
     <td valign=top width=4% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=top width=2% style='background:white;border-bottom:double black 2.25pt;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center;'><b><font color=black face=Arial style='font-size:8.5pt;'>$</font></b></p>
</td>
     <td valign=top width=12% style='background:white;border-bottom:double black 2.25pt;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>480,990&nbsp;</font></b></p>
</td> </tr>
<tr style='height:9.75pt;'>
     <td valign=top width=52% style='background:white;height:9.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=top width=2% style='background:white;height:9.75pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=top width=11% style='background:white;height:9.75pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=top width=4% style='background:white;height:9.75pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=top width=2% style='background:white;height:9.75pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=top width=11% style='background:white;height:9.75pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=top width=4% style='background:white;height:9.75pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=top width=2% style='background:white;height:9.75pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=bottom width=12% style='background:white;height:9.75pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td> </tr>
<tr style='height:12.0pt;'>
     <td valign=top width=52% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=top width=2% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=top width=11% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=top width=4% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=top width=2% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=top width=11% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=top width=4% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=top width=2% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=bottom width=12% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td> </tr>
<tr style='height:9.75pt;'>
     <td valign=top width=52% style='background:white;height:9.75pt;padding:0in 0in 0in 0in;'>
<p style='margin:0in;margin-bottom:.0001pt;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=top width=2% style='background:white;height:9.75pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=top width=11% style='background:white;height:9.75pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=top width=4% style='background:white;height:9.75pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=top width=2% style='background:white;height:9.75pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=top width=11% style='background:white;height:9.75pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=top width=4% style='background:white;height:9.75pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><b><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></b></p>
</td>
     <td valign=top width=2% style='background:white;height:9.75pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
</td>
     <td valign=top width=12% style='background:white;height:9.75pt;padding:0in 0in 0in 0in;'>
<p align=right style='margin:0in;margin-bottom:.0001pt;text-align:right;'><font color=black face=Arial style='font-size:8.5pt;'>&#160;</font></p>
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<tr style='height:12.0pt;'>
     <td colspan=9 width=100% style='background:white;height:12.0pt;padding:0in 0in 0in 0in;'>
<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center;'><font color=black face=Arial style='font-size:8.5pt;'>8&nbsp;</font></p>
</td> </tr> </table></div>
<p style='margin:0in;margin-bottom:.0001pt;'><font face="Times New Roman" lang=EN-US style='font-size:2.0pt;'>&nbsp;</font></p>
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