<SEC-DOCUMENT>0001553350-15-000416.txt : 20150506
<SEC-HEADER>0001553350-15-000416.hdr.sgml : 20150506
<ACCEPTANCE-DATETIME>20150506095516
ACCESSION NUMBER:		0001553350-15-000416
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20150504
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20150506
DATE AS OF CHANGE:		20150506

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PETMED EXPRESS INC
		CENTRAL INDEX KEY:			0001040130
		STANDARD INDUSTRIAL CLASSIFICATION:	RETAIL-DRUG STORES AND PROPRIETARY STORES [5912]
		IRS NUMBER:				650680967
		STATE OF INCORPORATION:			FL
		FISCAL YEAR END:			0330

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-28827
		FILM NUMBER:		15835377

	BUSINESS ADDRESS:	
		STREET 1:		1441 SW 29 AVENUE
		CITY:			POMPANO BEACH
		STATE:			FL
		ZIP:			33069
		BUSINESS PHONE:		9549794788

	MAIL ADDRESS:	
		STREET 1:		1441 SW 29 AVENUE
		CITY:			POMPANO BEACH
		STATE:			FL
		ZIP:			33069
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>pets_8k.htm
<DESCRIPTION>CURRENT REPORT
<TEXT>
<!doctype html public "-//IETF//DTD HTML//EN">
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<HEAD>
<TITLE>Current Report</TITLE>
<META NAME="author" CONTENT="EDGAR FILING LLC">
<META NAME="date" CONTENT="04/28/2014">
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<BODY style="margin-top:0;font-family:Times New Roman; font-size:10pt; color:#000000">
<A NAME="eolPage1"></A><P style="margin:0px">&nbsp;<A NAME="FIS_TOP_OF_DOCUMENT"></A>&nbsp;<A NAME="B416715_8K_HTM"></A>&nbsp;<A NAME="FIS_FORM"></A>&nbsp;<A NAME="FIS_UNIDENTIFIED_TABLE"></A></P>
<P style="margin-top:15px; margin-bottom:0px; font-family:Arial" align=center><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION<BR>
Washington, D.C. 20549</B></P>
<P style="margin-top:15px; margin-bottom:0px; font-family:Arial; font-size:13.5pt" align=center><B>FORM 8-K</B></P>
<P style="margin-top:15px; margin-bottom:0px; font-family:Arial" align=center><B>CURRENT REPORT<BR>
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934</B></P>
<P style="margin-top:15px; margin-bottom:0px; font-family:Arial" align=center>Date of report (Date of earliest event reported): May 4, 2015</P>
<P style="line-height:11.25pt; margin:0px"><BR></P>
<TABLE style="margin-top:0px; font-size:10pt" cellpadding=0 cellspacing=0 align=center><TR height=0 style="font-size:0"><TD width=153.6 /><TD width=153.6 /><TD width=153.6 /><TD width=153.6 /><TD width=153.6 /></TR>
<TR><TD style="margin-top:0px" valign=top width=768 colspan=5><P style="margin:0px; padding-right:1.067px; font-family:Arial" align=center><B><U>PetMed Express, Inc.<BR>
</U></B> (Exact name of registrant as specified in its charter)</P>
<P style="margin:0px; padding-right:1.067px; font-family:Arial" align=center>&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#FFFFFF" valign=top width=153.6><P style="margin:0px; padding:0px; font-size:12pt">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#FFFFFF" valign=top width=153.6><P style="margin:0px; padding:0px; font-size:12pt">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#FFFFFF" valign=top width=153.6><P style="margin:0px; padding:0px; font-size:12pt">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#FFFFFF" valign=top width=153.6><P style="margin:0px; padding:0px; font-size:12pt">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#FFFFFF" valign=top width=153.6><P style="margin:0px; padding:0px; font-size:12pt">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px; background-color:#FFFFFF" valign=top width=153.6><P style="margin:0px; padding-right:1.067px; font-family:Arial" align=center><B><U>Florida</U></B></P>
</TD><TD style="margin-top:0px; background-color:#FFFFFF" valign=top width=153.6><P style="margin:0px; padding:0px; font-size:12pt">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#FFFFFF" valign=top width=153.6><P style="margin:0px; padding-right:1.067px; font-family:Arial" align=center><B><U>000-28827</U></B></P>
</TD><TD style="margin-top:0px; background-color:#FFFFFF" valign=top width=153.6><P style="margin:0px; padding:0px; font-size:12pt">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#FFFFFF" valign=top width=153.6><P style="margin:0px; padding-right:1.067px; font-family:Arial" align=center><B><U>65-0680967</U></B></P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#FFFFFF" valign=top width=153.6><P style="margin:0px; padding-right:1.067px; font-family:Arial" align=center>(State or other jurisdiction<BR>
of incorporation)</P>
</TD><TD style="margin-top:0px; background-color:#FFFFFF" valign=top width=153.6><P style="margin:0px; padding:0px; font-size:12pt">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#FFFFFF" valign=top width=153.6><P style="margin:0px; padding-right:1.067px; font-family:Arial" align=center>(Commission<BR>
File Number)</P>
</TD><TD style="margin-top:0px; background-color:#FFFFFF" valign=top width=153.6><P style="margin:0px; padding:0px; font-size:12pt">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#FFFFFF" valign=top width=153.6><P style="margin:0px; padding-right:1.067px; font-family:Arial" align=center>(I.R.S. Employer<BR>
Identification No.)</P>
</TD></TR>
</TABLE>
<P style="margin:0px"><BR>
<BR></P>
<TABLE style="margin-top:0px; font-size:10pt" cellpadding=0 cellspacing=0 align=center><TR height=0 style="font-size:0"><TD width=768 /></TR>
<TR><TD style="margin-top:0px" valign=top width=768><P style="margin:0px; padding-right:1.067px; font-family:Arial,Times New Roman" align=center><B><U>1441 S.W. 29</U></B><B><U><SUP>th</SUP></U></B><B><U> Avenue, &nbsp;Pompano Beach, FL &nbsp;33069</U></B></P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=768><P style="margin:0px; padding-right:1.067px; font-family:Arial,Times New Roman" align=center>(Address of principal executive offices) (Zip Code)</P>
</TD></TR>
</TABLE>
<P style="margin:0px"><BR>
<BR></P>
<TABLE style="margin-top:0px; font-size:10pt" cellpadding=0 cellspacing=0 align=center><TR height=0 style="font-size:0"><TD width=751.4 /><TD width=16.6 /></TR>
<TR><TD style="margin-top:0px; background-color:#FFFFFF" valign=top width=751.4><P style="margin:0px; padding-right:1.067px; font-family:Arial,Times New Roman" align=center><B><U>(954) 979-5995</U></B></P>
</TD><TD style="margin-top:0px; background-color:#FFFFFF" valign=top width=16.6><P style="margin:0px; padding-right:1.067px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#FFFFFF" valign=top width=751.4><P style="margin:0px; padding-right:1.067px; font-family:Arial,Times New Roman" align=center>(Registrant&#146;s telephone number, including area code)</P>
</TD><TD style="margin-top:0px; background-color:#FFFFFF" valign=top width=16.6><P style="margin:0px; padding-right:1.067px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
</TABLE>
<P style="margin:0px"><BR>
<BR></P>
<TABLE style="margin-top:0px; font-size:10pt" cellpadding=0 cellspacing=0 align=center><TR height=0 style="font-size:0"><TD width=768 /></TR>
<TR><TD style="margin-top:0px" valign=top width=768><P style="margin:0px; padding-right:1.067px; font-family:Arial,Times New Roman" align=center><B><U>Not Applicable</U></B></P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=768><P style="margin:0px; padding-right:1.067px; font-family:Arial,Times New Roman" align=center>(Former name or former address, if changed since last report)</P>
</TD></TR>
</TABLE>
<P style="margin-top:15px; margin-bottom:0px; font-family:Arial,Times New Roman">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 (see General Instruction A.2. below):</P>
<P style="line-height:11.25pt; margin:0px"><BR></P>
<TABLE style="margin-top:0px; font-size:10pt" cellpadding=0 cellspacing=0 width=100%><TR height=0 style="font-size:0"><TD width=24.267 /><TD /></TR>
<TR><TD style="margin-top:0px" valign=top width=24.267><P style="margin:0px; font-family:Wingdings; font-size:12pt">&#168;</P>
</TD><TD style="margin-top:0px" valign=top><P style="margin:0px; padding-right:1.067px; font-family:Arial">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=24.267><P style="margin:0px; padding-right:1.067px; font-family:Arial">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=top><P style="margin:0px; padding-right:1.067px; font-family:Arial">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=24.267><P style="margin:0px; font-family:Wingdings; font-size:12pt">&#168;</P>
</TD><TD style="margin-top:0px" valign=top><P style="margin:0px; padding-right:1.067px; font-family:Arial">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=24.267><P style="margin:0px; padding-right:1.067px; font-family:Arial">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=top><P style="margin:0px; padding-right:1.067px; font-family:Arial">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=24.267><P style="margin:0px; font-family:Wingdings; font-size:12pt">&#168;</P>
</TD><TD style="margin-top:0px" valign=top><P style="margin:0px; padding-right:1.067px; font-family:Arial">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=24.267><P style="margin:0px; padding-right:1.067px; font-family:Arial">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=top><P style="margin:0px; padding-right:1.067px; font-family:Arial">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=24.267><P style="margin:0px; font-family:Wingdings; font-size:12pt">&#168;</P>
</TD><TD style="margin-top:0px" valign=top><P style="margin:0px; padding-right:1.067px; font-family:Arial">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</P>
</TD><A NAME="eolPage2"></A><A NAME="FIS_OTHER_EVENTS"></A></TR>
</TABLE>
<P style="line-height:11.25pt; margin:0px"><BR>
<BR></P>
<HR style="margin-bottom:9.6px; padding-top:9.6px" noshade size=1.333>
<P style="line-height:11.25pt; margin:0px; page-break-before:always"><BR>
<BR></P>
<TABLE style="margin-top:0px; font-size:10pt" cellpadding=0 cellspacing=0 width=100%><TR height=0 style="font-size:0"><TD width=24.267 /><TD /></TR>
</TABLE>
<P style="line-height:0.05pt; margin:0px"><BR></P>
<P style="margin-top:12.533px; margin-bottom:0px"><BR></P>
<P style="margin-top:15px; margin-bottom:0px; font-family:Arial,Times New Roman"><B>Item 8.01&nbsp;&nbsp;&nbsp;Other Events.</B></P>
<P style="margin:0px"><BR></P>
<P style="margin:0px; text-indent:24px; font-family:Arial,Times New Roman" align=justify>On May 4, 2015, PetMed Express, Inc. issued a press release announcing its March 31, 2015 quarter and year end financial results. &nbsp;Additionally, PetMed Express, Inc. announced that its Board of Directors declared an increased quarterly dividend of $0.18 per share on its common stock. &nbsp;The dividend will be payable on May 22, 2015, to shareholders of record at the close of business on May 15, 2015. &nbsp;The Company intends to continue to pay regular quarterly dividends; however the declaration and payment of future dividends is discretionary and will be subject to a determination by the Board of Directors each quarter following its review of the Company&#146;s financial performance. &nbsp;A copy of this press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.</P>
<P style="margin-top:15px; margin-bottom:0px; font-family:Arial,Times New Roman"><B>Item 9.01&nbsp;&nbsp;&nbsp;Financial Statements and Exhibits.</B></P>
<P style="line-height:11.25pt; margin:0px"><BR></P>
<TABLE style="margin-top:0px; font-size:10pt" cellpadding=0 cellspacing=0><TR height=0 style="font-size:0"><TD width=77.733 /><TD width=24.2 /><TD width=666.067 /></TR>
<TR><TD style="margin-top:0px" valign=top width=77.733><P style="margin:0px; padding-right:1.067px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=top width=24.2><P style="margin:0px; padding-right:1.067px; font-family:Arial,Times New Roman">(d)</P>
</TD><TD style="margin-top:0px" valign=top width=666.067><P style="margin:0px; padding-right:1.067px; font-family:Arial,Times New Roman">Exhibits.</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=77.733><P style="margin:0px; padding-right:1.067px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=top width=24.2><P style="margin:0px; padding-right:1.067px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=top width=666.067><P style="margin:0px; padding-right:1.067px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=77.733><P style="margin:0px; padding-right:1.067px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=top width=24.2><P style="margin:0px; padding-right:1.067px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=top width=666.067><P style="margin:0px; padding-right:1.067px; font-family:Arial,Times New Roman">99.1 &#150; Press release dated May 4, 2015</P>
</TD><A NAME="FIS_EXHIBIT_INDEX"></A></TR>
</TABLE>
<P style="margin-top:15px; margin-bottom:0px; font-family:Arial,Times New Roman" align=center><B>EXHIBIT INDEX</B></P>
<P style="line-height:11.25pt; margin:0px"><BR></P>
<TABLE style="margin-top:0px; font-size:10pt" cellpadding=0 cellspacing=0><TR height=0 style="font-size:0"><TD width=80.8 /><TD width=17.133 /><TD width=652.933 /><TD width=17.133 /></TR>
<TR><TD style="margin-top:0px" valign=top width=80.8><P style="margin:0px; padding-right:1.067px; font-family:Arial,Times New Roman"><U>Exhibit No.</U></P>
</TD><TD style="margin-top:0px" valign=top width=17.133><P style="margin:0px; padding-right:1.067px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=top width=652.933><P style="margin:0px; padding-right:1.067px; font-family:Arial,Times New Roman"><U>Description</U></P>
</TD><TD style="margin-top:0px" valign=top width=17.133><P style="margin:0px; padding-right:1.067px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=80.8><P style="margin:0px; padding-right:1.067px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=top width=17.133><P style="margin:0px; padding-right:1.067px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=top width=652.933><P style="margin:0px; padding-right:1.067px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=top width=17.133><P style="margin:0px; padding-right:1.067px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#FFFFFF" valign=top width=80.8><P style="margin:0px; padding-right:1.067px; font-family:Arial,Times New Roman; color:#0000FF"><A HREF="pets_ex99z1.htm"><U>99.1</U></A><FONT style="color:#000000"></FONT></P>
</TD><TD style="margin-top:0px; background-color:#FFFFFF" valign=top width=17.133><P style="margin:0px; padding-right:1.067px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#FFFFFF" valign=top width=652.933><P style="margin:0px; padding-right:1.067px; font-family:Arial,Times New Roman">Press release dated May 4, 2015</P>
</TD><TD style="margin-top:0px; background-color:#FFFFFF" valign=top width=17.133><P style="margin:0px; padding-right:1.067px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><A NAME="FIS_SIGNATURES"></A></TR>
</TABLE>
<P style="margin-top:15px; margin-bottom:0px; font-family:Arial,Times New Roman" align=center><B>SIGNATURES</B></P>
<P style="margin-top:15px; margin-bottom:0px; font-family:Arial,Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</P>
<P style="margin-top:15px; margin-bottom:0px; font-family:Arial,Times New Roman">Dated: May 6, 2015</P>
<P style="line-height:11.25pt; margin:0px"><BR></P>
<TABLE style="margin-top:0px; font-size:10pt" cellpadding=0 cellspacing=0 width=100%><TR height=0 style="font-size:0"><TD /><TD width=46.4 /><TD width=338.2 /></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; padding-right:1.067px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=top width=384.6 colspan=2><P style="margin:0px; padding-right:2.4px; font-family:Arial,Times New Roman">PETMED EXPRESS, INC.</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; padding-right:1.067px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=top width=46.4><P style="margin:0px; padding-right:1.067px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=top width=338.2><P style="margin:0px; padding-right:1.067px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; padding-right:1.067px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=top width=46.4><P style="margin:0px; padding-right:1.067px; font-family:Arial,Times New Roman">By:</P>
</TD><TD style="margin-top:0px" valign=top width=338.2><P style="margin:0px; padding-right:1.067px; font-family:Arial,Times New Roman"><U>/s/ Bruce S. Rosenbloom</U></P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; padding-right:1.067px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=top width=46.4><P style="margin:0px; padding-right:1.067px; font-family:Arial,Times New Roman">Name:</P>
</TD><TD style="margin-top:0px" valign=top width=338.2><P style="margin:0px; padding-right:1.067px; font-family:Arial,Times New Roman">Bruce S. Rosenbloom</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; padding-right:1.067px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=top width=46.4><P style="margin:0px; padding-right:1.067px; font-family:Arial,Times New Roman">Title:</P>
</TD><TD style="margin-top:0px" valign=top width=338.2><P style="margin:0px; padding-right:1.067px; font-family:Arial,Times New Roman">Chief Financial Officer</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; padding-right:1.067px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=top width=46.4><P style="margin:0px; padding-right:1.067px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=top width=338.2><P style="margin:0px; padding-right:1.067px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
</TABLE>
<P style="margin-top:12.533px; margin-bottom:0px" align=center><BR></P>
<P style="margin-top:12.533px; margin-bottom:0px; font-family:Arial,Times New Roman" align=center>2</P>
<P style="margin-top:12.533px; margin-bottom:0px" align=center><BR></P>
<P style="margin-top:12.533px; margin-bottom:0px" align=center><BR></P>
<P style="margin-top:12.533px; margin-bottom:0px" align=center><BR></P>
<P style="margin-top:12.533px; margin-bottom:0px" align=center><BR>
<BR></P>
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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>pets_ex99z1.htm
<DESCRIPTION>PRESS RELEASE
<TEXT>
<!doctype html public "-//IETF//DTD HTML//EN">
<HTML>
<HEAD>
<TITLE>Press Release</TITLE>
<META NAME="author" CONTENT="EDGAR Online HTML to RTF Converter. Version 3.0">
<META NAME="date" CONTENT="05/05/2015">
</HEAD>
<BODY style="margin-top:0;font-family:Times New Roman; font-size:10pt; color:#000000">
<A NAME="B416715_EX99_1_HTM"></A><A NAME="FIS_EXHIBIT_99"></A><P style="margin:0px"><BR></P>
<TABLE style="margin-top:0px; font-size:10pt" cellpadding=0 cellspacing=0 width=100%><TR height=0 style="font-size:0"><TD /></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; padding-right:1.067px; font-family:Arial" align=right>Exhibit 99.1</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin-top:0px; margin-bottom:3.333px" align=center><BR></P>
<P style="margin-top:0px; margin-bottom:7.333px; font-family:Arial; font-size:11pt" align=center><B>PETMED EXPRESS, INC. D/B/A 1-800-PETMEDS ANNOUNCES ITS FINANCIAL RESULTS </B></P>
<P style="margin-top:0px; margin-bottom:7.333px; font-family:Arial; font-size:11pt" align=center><B>FOR FISCAL 2015 AND ITS QUARTERLY DIVIDEND RAISED TO $0.18 PER SHARE</B></P>
<P style="margin-top:0px; margin-bottom:6.667px; font-family:Arial" align=center><B><I>Fourth Quarter Net Income Increased 9.4%</I></B></P>
<P style="margin-top:0px; margin-bottom:6.667px; font-family:Arial" align=center><B><I>Fourth Quarter Sales Increased 2.8%</I></B></P>
<P style="margin:0px; font-family:Arial" align=center><B><I>Quarterly Dividend Increased 5.9%</I></B></P>
<P style="margin:0px; font-family:Arial" align=center><B><I>&nbsp;</I></B></P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; padding-right:6px; font-family:Arial" align=justify>Pompano Beach, Florida, May 4, 2015 - PetMed Express, Inc. (NASDAQ: PETS) today announced its financial results for the fiscal year ended March 31, 2015. &nbsp;Net income for the quarter ended March 31, 2015 was $5.0 million, or $0.25 diluted per share, compared to net income of $4.5 million, or $0.23 diluted per share, for the same quarter the prior year, an increase to net income of 9.4%. &nbsp;Excluding a one-time charge for an IT-related discontinued project in the quarter ended September 30, 2014, net income for the fiscal year ended March 31, 2015 was $18.5 million, or $0.92 diluted per share, compared to net income of $18.0 million, or $0.90 diluted per share, for the fiscal year ended March 31, 2014, an increase to net income of 3.1%. &nbsp;The one-time IT-related discontinued project cost of $1.7 million was expensed in the September quarter. &nbsp;The after tax net impact of this charge was $1.1 million, or $0.05 diluted per share. &nbsp;There are no further charges expected in the future related to this discontinued project. &nbsp;Net sales for the quarter ended March 31, 2015 were $50.0 million, compared to $48.6 million for the quarter ended March 31, 2014, an increase of 2.8%. &nbsp;For the fiscal year ended March 31, 2015 net sales were $229.4 million, compared to $233.4 million for the fiscal year ended March 31, 2014, a decrease of 1.7%. &nbsp;Online sales for the fiscal year ended March 31, 2015 were approximately 80% of all sales, compared to 79% for the prior fiscal year.</P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px; padding-right:6px; font-family:Arial" align=justify>Menderes Akdag, President and CEO, commented: &#147;We were able to increase sales for the quarter due to increased reorder sales, and decrease our operational expenses to improve our bottom line results. &nbsp;&nbsp;For the quarter ended March 31, 2015 our operating expenses decreased by about 300 basis points, which can be attributed to a reduction in advertising spending and the leveraging of our general and administrative expenses. &nbsp;Average order value was $81 for the quarter compared to $77 for the prior year&#146;s same quarter, which was due mainly to a change in product mix to higher priced items and increased doses. Cash flow from operations was $32.0 million for the fiscal year ended March 31, 2015, compared to $13.5 million for the year ended March 31, 2014, with a majority of the increase due to a reduction in inventory. &nbsp;For fiscal 2016 we are focusing on improving our marketing efforts to grow sales and profitability.&#148;</P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px; padding-right:6px; font-family:Arial" align=justify>The Board of Directors declared an increased quarterly dividend of $0.18 per share on its common stock. &nbsp;The dividend will be payable on May 22, 2015, to shareholders of record at the close of business on May 15, 2015. &nbsp;The Company intends to continue to pay regular quarterly dividends; however the declaration and payment of future dividends is discretionary and will be subject to a determination by the Board of Directors each quarter following its review of the Company&#146;s financial performance. </P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px; padding-right:6px; font-family:Arial" align=justify>This morning at 8:30 A.M. Eastern Time, Mr. Akdag will host a conference call to review the year-end financial results. &nbsp;To access the call which is open to the public, dial (888) 455-1758 (toll free) or (203) 827-7025. &nbsp;Callers will be required to supply PETMEDS as the passcode. &nbsp;For those unable to participate in the live event, the call will be available for replay from 10:00 A.M. on May 4, 2015 until May 18, 2015 at 11:59 P.M. &nbsp;To access the replay, call (800) 664-4216 (toll free) or (402) 220-0259 and enter passcode 5500.</P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px; padding-right:6px; font-family:Arial" align=justify>Founded in 1996, PetMed Express is America&#146;s Largest Pet Pharmacy, delivering prescription and non-prescription pet medications and other health products for dogs and cats at competitive prices direct to the consumer through its 1-800-PetMeds toll free number and on the Internet through its website at <FONT style="color:#0000FF"><U>www.1800petmeds.com</U></FONT>.</P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px; padding-right:6px; font-family:Arial" align=justify>This press release may contain &#147;forward-looking&#148; statements, as defined in the Private Securities Litigation Reform Act of 1995 or by the Securities and Exchange Commission, that involve a number of risks and uncertainties, including the Company&#146;s ability to meet the objectives included in its business plan. &nbsp;Important factors that could cause results to differ materially from those indicated by such &#147;forward-looking&#148; statements are set forth in Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations in the PetMed Express Annual Report on Form 10-K for the year ended March 31, 2014. &nbsp;The Company&#146;s future results may also be impacted by other risk factors listed from time to time in its SEC filings, including, but not limited to, the Company's Form 10-Q and its Annual Report on Form 10-K.</P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px; padding-right:6px; font-family:Arial" align=justify>For investment relations contact PetMed Express, Inc., Bruce S. Rosenbloom, CFO, 954-979-5995.</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px; padding-right:6px; font-family:Arial; font-size:11pt" align=center>###</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px; font-family:Arial" align=center>Exhibit 99.1 Page 1 of 4</P>
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<P style="margin:0px" align=center><BR>
<BR></P>
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<P style="margin:0px; page-break-before:always" align=center><BR></P>
<P style="margin:0px; font-family:Arial,Times New Roman" align=center><B>PETMED EXPRESS, INC. AND SUBSIDIARIES</B></P>
<P style="margin:0px; font-family:Arial,Times New Roman" align=center><B>CONSOLIDATED BALANCE SHEETS</B></P>
<P style="margin:0px; font-family:Arial,Times New Roman" align=center><B>(In thousands)</B></P>
<P style="margin:0px; font-family:Arial,Times New Roman; font-size:12pt">&nbsp;</P>
<TABLE style="margin-top:0px; font-size:10pt" cellpadding=0 cellspacing=0 width=100%><TR height=0 style="font-size:0"><TD /><TD width=7.667 /><TD width=7.667 /><TD width=69.133 /><TD width=7.667 /><TD width=7.667 /><TD width=7.667 /><TD width=69.133 /><TD width=7.667 /></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; font-family:Arial,Times New Roman; font-size:8pt">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman; font-size:8pt">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=top width=76.8 colspan=2><P style="margin:0px; font-family:Arial,Times New Roman; font-size:8pt" align=center><B>March 31,</B></P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman; font-size:8pt">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman; font-size:8pt">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=top width=76.8 colspan=2><P style="margin:0px; font-family:Arial,Times New Roman; font-size:8pt" align=center><B>March 31,</B></P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman; font-size:8pt">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; font-family:Arial,Times New Roman; font-size:8pt">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman; font-size:8pt">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=top width=76.8 colspan=2><P style="margin:0px; font-family:Arial,Times New Roman; font-size:8pt" align=center><B>2015</B></P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman; font-size:8pt">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman; font-size:8pt">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=top width=76.8 colspan=2><P style="margin:0px; font-family:Arial,Times New Roman; font-size:8pt" align=center><B>2014</B></P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman; font-size:8pt">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=top width=76.8 colspan=2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=top width=76.8 colspan=2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFCC" valign=top><P style="margin:0px; font-family:Arial,Times New Roman" align=center><B><U>ASSETS</U></B></P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=top width=76.8 colspan=2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=top width=76.8 colspan=2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=top width=76.8 colspan=2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=top width=76.8 colspan=2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFCC" valign=top><P style="margin:0px; font-family:Arial,Times New Roman">Current assets:</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=top width=76.8 colspan=2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=top width=76.8 colspan=2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; padding-left:24px; text-indent:-8px; font-family:Arial,Times New Roman">Cash and cash equivalents</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">$</P>
</TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>35,613</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">$</P>
</TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>18,305</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFCC" valign=top><P style="margin:0px; padding-left:24px; text-indent:-8px; font-family:Arial,Times New Roman">Short term investments - available for sale</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>15,591</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>15,539</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; padding-left:24px; text-indent:-8px; font-family:Arial,Times New Roman">Accounts receivable, less allowance for doubtful accounts of $8 and $7, respectively</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>1,931</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>1,761</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFCC" valign=top><P style="margin:0px; padding-left:24px; text-indent:-8px; font-family:Arial,Times New Roman">Inventories - finished goods</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>25,068</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>35,727</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; padding-left:24px; text-indent:-8px; font-family:Arial,Times New Roman">Prepaid expenses and other current assets</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>1,380</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>1,761</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFCC" valign=top><P style="margin:0px; padding-left:24px; text-indent:-8px; font-family:Arial,Times New Roman">Deferred tax assets</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>817</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>1,062</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; padding-left:24px; text-indent:-8px; font-family:Arial,Times New Roman">Prepaid income taxes</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&#151;</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>54</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFCC" valign=top><P style="margin:0px; padding-left:40px; text-indent:-8px; font-family:Arial,Times New Roman">Total current assets</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>80,400</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>74,209</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFCC" valign=top><P style="margin:0px; font-family:Arial,Times New Roman">Noncurrent assets:</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; padding-left:24px; text-indent:-8px; font-family:Arial,Times New Roman">Prepaid expenses</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&#151;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>1,996</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFCC" valign=top><P style="margin:0px; padding-left:24px; text-indent:-8px; font-family:Arial,Times New Roman">Property and equipment, net</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>1,569</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>1,310</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; padding-left:24px; text-indent:-8px; font-family:Arial,Times New Roman">Intangible asset</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>860</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>860</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFCC" valign=top><P style="margin:0px; padding-left:24px; text-indent:-8px; font-family:Arial,Times New Roman">Deferred tax assets</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:1px solid #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:1px solid #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>23</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:1px solid #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:1px solid #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:1px solid #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&#151;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:1px solid #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; padding-left:40px; text-indent:-8px; font-family:Arial,Times New Roman">Total noncurrent assets</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>2,452</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>4,166</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFCC" valign=top><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; font-family:Arial,Times New Roman">Total assets</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">$</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>82,852</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">$</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>78,375</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFCC" valign=top><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; font-family:Arial,Times New Roman" align=center><B><U>LIABILITIES AND SHAREHOLDERS' EQUITY</U></B></P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFCC" valign=top><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; font-family:Arial,Times New Roman">Current liabilities:</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFCC" valign=top><P style="margin:0px; padding-left:24px; text-indent:-8px; font-family:Arial,Times New Roman">Accounts payable</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">$</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>5,153</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">$</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>5,768</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; padding-left:24px; text-indent:-8px; font-family:Arial,Times New Roman">Accrued expenses and other current liabilities</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>2,214</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>2,325</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFCC" valign=top><P style="margin:0px; padding-left:24px; text-indent:-8px; font-family:Arial,Times New Roman">Income taxes payable</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:1px solid #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:1px solid #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>50</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:1px solid #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:1px solid #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:1px solid #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&#151;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:1px solid #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; padding-left:40px; text-indent:-8px; font-family:Arial,Times New Roman">Total current liabilities</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>7,417</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>8,093</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFCC" valign=top><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; font-family:Arial,Times New Roman">Deferred tax liabilities</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&#151;</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>65</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFCC" valign=top><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; font-family:Arial,Times New Roman">Total liabilities</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>7,417</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>8,158</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFCC" valign=top><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; font-family:Arial,Times New Roman">Commitments and contingencies</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFCC" valign=top><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; font-family:Arial,Times New Roman">Shareholders' equity:</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFCC" valign=top><P style="margin:0px; padding-left:24px; text-indent:-8px; font-family:Arial,Times New Roman">Preferred stock, $.001 par value, 5,000 shares authorized; 3 convertible shares issued and outstanding with a liquidation preference of $4 per share</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>9</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>9</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; padding-left:24px; text-indent:-8px; font-family:Arial,Times New Roman">Common stock, $.001 par value, 40,000 shares authorized; 20,262 and 20,190 shares issued and outstanding, respectively</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>20</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>20</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFCC" valign=top><P style="margin:0px; padding-left:24px; text-indent:-8px; font-family:Arial,Times New Roman">Additional paid-in capital</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>3,117</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>1,578</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; padding-left:24px; text-indent:-8px; font-family:Arial,Times New Roman">Retained earnings</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>72,343</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>68,647</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFCC" valign=top><P style="margin:0px; padding-left:24px; text-indent:-8px; font-family:Arial,Times New Roman">Accumulated other comprehensive loss</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:1px solid #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:1px solid #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>(54</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:1px solid #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">)</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:1px solid #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:1px solid #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>(37</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:1px solid #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">)</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFCC" valign=top><P style="margin:0px; padding-left:40px; text-indent:-8px; font-family:Arial,Times New Roman">Total shareholders' equity</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:1px solid #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:1px solid #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>75,435</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:1px solid #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:1px solid #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:1px solid #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>70,217</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:1px solid #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFCC" valign=top><P style="margin:0px; font-family:Arial,Times New Roman">Total liabilities and shareholders' equity</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:3px double #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">$</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:3px double #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>82,852</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:3px double #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:3px double #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">$</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:3px double #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>78,375</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:3px double #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
</TABLE>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px; padding-left:-48px; padding-right:-31.2px; font-family:Arial,Times New Roman" align=center>Exhibit 99.1 Page 2 of 4</P>
<P style="margin:0px" align=center><BR>
<BR></P>
<HR style="margin-bottom:9.6px; padding-top:9.6px" noshade size=1.333>
<P style="margin:0px; page-break-before:always" align=center><BR></P>
<P style="margin:0px; font-family:Arial,Times New Roman" align=center><B>PETMED EXPRESS, INC. AND SUBSIDIARIES</B></P>
<P style="margin:0px; font-family:Arial,Times New Roman" align=center><B>CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME</B></P>
<P style="margin:0px; font-family:Arial,Times New Roman" align=center><B>(In thousands, except for per share amount)</B></P>
<P style="margin:0px; font-family:Arial,Times New Roman; font-size:12pt">&nbsp;</P>
<TABLE style="margin-top:0px; font-size:10pt" cellpadding=0 cellspacing=0 width=100%><TR height=0 style="font-size:0"><TD /><TD width=7.733 /><TD width=7.667 /><TD width=69.133 /><TD width=7.667 /><TD width=7.667 /><TD width=7.667 /><TD width=69.133 /><TD width=7.667 /><TD width=7.667 /><TD width=7.667 /><TD width=69.133 /><TD width=7.667 /><TD width=7.667 /><TD width=7.667 /><TD width=69.133 /><TD width=7.667 /></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; padding:0px; font-size:8pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=7.733><P style="margin:0px; padding:0px; font-size:8pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=168.933 colspan=6><P style="margin:0px; font-family:Arial,Times New Roman; font-size:8pt" align=center><B>Three Months Ended</B></P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; padding:0px; font-size:8pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; padding:0px; font-size:8pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=168.933 colspan=6><P style="margin:0px; font-family:Arial,Times New Roman; font-size:8pt" align=center><B>Year Ended</B></P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; padding:0px; font-size:8pt">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; padding:0px; font-size:8pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=7.733><P style="margin:0px; padding:0px; font-size:8pt">&nbsp;</P></TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=top width=168.933 colspan=6><P style="margin:0px; font-family:Arial,Times New Roman; font-size:8pt" align=center><B>March 31,</B></P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; padding:0px; font-size:8pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; padding:0px; font-size:8pt">&nbsp;</P></TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=top width=168.933 colspan=6><P style="margin:0px; font-family:Arial,Times New Roman; font-size:8pt" align=center><B>March 31,</B></P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; padding:0px; font-size:8pt">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; padding:0px; font-size:8pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=7.733><P style="margin:0px; padding:0px; font-size:8pt">&nbsp;</P></TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=top width=76.8 colspan=2><P style="margin:0px; font-family:Arial,Times New Roman; font-size:8pt" align=center><B>2015</B></P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; padding:0px; font-size:8pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; padding:0px; font-size:8pt">&nbsp;</P></TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=top width=76.8 colspan=2><P style="margin:0px; font-family:Arial,Times New Roman; font-size:8pt" align=center><B>2014</B></P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; padding:0px; font-size:8pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; padding:0px; font-size:8pt">&nbsp;</P></TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=top width=76.8 colspan=2><P style="margin:0px; font-family:Arial,Times New Roman; font-size:8pt" align=center><B>2015</B></P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; padding:0px; font-size:8pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; padding:0px; font-size:8pt">&nbsp;</P></TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=top width=76.8 colspan=2><P style="margin:0px; font-family:Arial,Times New Roman; font-size:8pt" align=center><B>2014</B></P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; padding:0px; font-size:8pt">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.733><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=top width=168.933 colspan=6><P style="margin:0px; font-family:Arial,Times New Roman" align=center><B>(UNAUDITED)</B></P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=top width=76.8 colspan=2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=top width=76.8 colspan=2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFCC" valign=top><P style="margin:0px; font-family:Arial,Times New Roman">Sales</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.733><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">$</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>49,994</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">$</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>48,632</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">$</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>229,395</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">$</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>233,391</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; font-family:Arial,Times New Roman">Cost of sales</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.733><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>33,055</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>31,169</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>153,125</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>155,774</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFCC" valign=top><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.733><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; font-family:Arial,Times New Roman">Gross profit</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.733><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>16,939</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>17,463</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>76,270</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>77,617</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFCC" valign=top><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.733><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; font-family:Arial,Times New Roman">Operating expenses:</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.733><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFCC" valign=top><P style="margin:0px; padding-left:24px; text-indent:-8px; font-family:Arial,Times New Roman">General and administrative</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.733><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>4,899</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>4,868</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>21,101</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>21,352</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; padding-left:24px; text-indent:-8px; font-family:Arial,Times New Roman">Advertising</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.733><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>4,048</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>5,283</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>25,182</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>27,180</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFCC" valign=top><P style="margin:0px; padding-left:24px; text-indent:-8px; font-family:Arial,Times New Roman">Discontinued project costs</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.733><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&#151;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&#151;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>1,714</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&#151;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; padding-left:24px; text-indent:-8px; font-family:Arial,Times New Roman">Depreciation</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.733><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>173</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>170</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>660</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>867</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFCC" valign=top><P style="margin:0px; font-family:Arial,Times New Roman">Total operating expenses</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.733><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:1px solid #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:1px solid #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>9,120</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:1px solid #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:1px solid #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:1px solid #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>10,321</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:1px solid #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:1px solid #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:1px solid #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>48,657</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:1px solid #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:1px solid #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:1px solid #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>49,399</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:1px solid #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.733><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFCC" valign=top><P style="margin:0px; font-family:Arial,Times New Roman">Income from operations</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.733><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:1px solid #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:1px solid #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>7,819</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:1px solid #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:1px solid #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:1px solid #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>7,142</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:1px solid #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:1px solid #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:1px solid #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>27,613</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:1px solid #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:1px solid #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:1px solid #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>28,218</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:1px solid #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.733><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFCC" valign=top><P style="margin:0px; font-family:Arial,Times New Roman">Other income (expense):</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.733><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; padding-left:24px; text-indent:-8px; font-family:Arial,Times New Roman">Interest income, net</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.733><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>46</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>44</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>184</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>185</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFCC" valign=top><P style="margin:0px; padding-left:24px; text-indent:-8px; font-family:Arial,Times New Roman">Other, net</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.733><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:1px solid #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:1px solid #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>(2</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:1px solid #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">)</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:1px solid #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:1px solid #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&#151;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:1px solid #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:1px solid #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:1px solid #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>1</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:1px solid #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:1px solid #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:1px solid #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>(4</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:1px solid #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">)</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; font-family:Arial,Times New Roman">Total other income</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.733><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>44</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>44</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>185</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>181</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFCC" valign=top><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.733><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; font-family:Arial,Times New Roman">Income before provision for income taxes</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.733><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>7,863</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>7,186</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>27,798</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>28,399</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFCC" valign=top><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.733><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; font-family:Arial,Times New Roman">Provision for income taxes</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.733><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>2,912</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>2,660</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>10,345</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>10,427</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFCC" valign=top><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.733><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; font-family:Arial,Times New Roman">Net income</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.733><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">$</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>4,951</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">$</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>4,526</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>17,453</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">$</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>17,972</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFCC" valign=top><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.733><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; padding-left:8px; text-indent:-8px; font-family:Arial,Times New Roman">Net change in unrealized gain (loss) on short and long term investments</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.733><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>(4</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">)</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>1</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>(17</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">)</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>(35</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">)</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFCC" valign=top><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.733><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; font-family:Arial,Times New Roman">Comprehensive income</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.733><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">$</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>4,947</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">$</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>4,527</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">$</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>17,436</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">$</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>17,937</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFCC" valign=top><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.733><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; font-family:Arial,Times New Roman">Net income per common share:</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.733><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFCC" valign=top><P style="margin:0px; padding-left:24px; text-indent:-8px; font-family:Arial,Times New Roman">Basic</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.733><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:3px double #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">$</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:3px double #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>0.25</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:3px double #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:3px double #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">$</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:3px double #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>0.23</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:3px double #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:3px double #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">$</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:3px double #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>0.87</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:3px double #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:3px double #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">$</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:3px double #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>0.90</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:3px double #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; padding-left:24px; text-indent:-8px; font-family:Arial,Times New Roman">Diluted</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.733><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">$</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>0.25</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">$</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>0.23</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">$</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>0.87</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">$</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>0.90</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFCC" valign=top><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.733><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top colspan=8><P style="margin:0px; font-family:Arial,Times New Roman">Weighted average number of common shares outstanding:</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFCC" valign=top><P style="margin:0px; padding-left:24px; text-indent:-8px; font-family:Arial,Times New Roman">Basic</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.733><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:3px double #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:3px double #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>20,044</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:3px double #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:3px double #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:3px double #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>19,931</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:3px double #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:3px double #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:3px double #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>20,015</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:3px double #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:3px double #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:3px double #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>19,901</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:3px double #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px; border-top:3px double #FFFFFF" valign=top><P style="margin:0px; padding-left:24px; text-indent:-8px; font-family:Arial,Times New Roman">Diluted</P>
</TD><TD style="margin-top:0px; border-top:3px double #FFFFFF" valign=bottom width=7.733><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>20,146</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-top:3px double #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>20,046</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-top:3px double #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>20,136</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-top:3px double #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>20,043</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFCC" valign=top><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.733><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; font-family:Arial,Times New Roman">Cash dividends declared per common share</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.733><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">$</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>0.17</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">$</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>0.17</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">$</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>0.68</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">$</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>0.66</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
</TABLE>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px; font-family:Arial,Times New Roman" align=center>Exhibit 99.1 Page 3 of 4</P>
<P style="margin:0px" align=center><BR>
<BR></P>
<HR style="margin-bottom:9.6px; padding-top:9.6px" noshade size=1.333>
<P style="margin:0px; page-break-before:always" align=center><BR></P>
<P style="margin:0px; font-family:Arial,Times New Roman" align=center><B>PETMED EXPRESS, INC. AND SUBSIDIARIES</B></P>
<P style="margin:0px; font-family:Arial,Times New Roman" align=center><B>CONSOLIDATED STATEMENTS OF CASH FLOWS</B></P>
<P style="margin:0px; font-family:Arial,Times New Roman" align=center><B>(In thousands)</B></P>
<P style="margin:0px; font-family:Arial,Times New Roman; font-size:12pt">&nbsp;</P>
<TABLE style="margin-top:0px; font-size:10pt" cellpadding=0 cellspacing=0 width=100%><TR height=0 style="font-size:0"><TD /><TD width=7.667 /><TD width=7.667 /><TD width=69.133 /><TD width=7.667 /><TD width=7.667 /><TD width=7.667 /><TD width=69.133 /><TD width=7.667 /></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; font-family:Arial,Times New Roman; font-size:8pt">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman; font-size:8pt">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=top width=168.933 colspan=6><P style="margin:0px; font-family:Arial,Times New Roman; font-size:8pt" align=center><B>Year Ended</B></P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman; font-size:8pt">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; font-family:Arial,Times New Roman; font-size:8pt">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman; font-size:8pt">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=top width=168.933 colspan=6><P style="margin:0px; font-family:Arial,Times New Roman; font-size:8pt" align=center><B>March 31,</B></P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman; font-size:8pt">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; font-family:Arial,Times New Roman; font-size:8pt">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman; font-size:8pt">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=top width=76.8 colspan=2><P style="margin:0px; font-family:Arial,Times New Roman; font-size:8pt" align=center><B>2015</B></P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman; font-size:8pt">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman; font-size:8pt">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=top width=76.8 colspan=2><P style="margin:0px; font-family:Arial,Times New Roman; font-size:8pt" align=center><B>2014</B></P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman; font-size:8pt">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFCC" valign=top><P style="margin:0px; padding-left:8px; text-indent:-8px; font-family:Arial,Times New Roman">Cash flows from operating activities:</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; padding-left:24px; text-indent:-8px; font-family:Arial,Times New Roman">Net income</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">$</P>
</TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>17,453</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">$</P>
</TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>17,972</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFCC" valign=top><P style="margin:0px; padding-left:24px; text-indent:-8px; font-family:Arial,Times New Roman">Adjustments to reconcile net income to net cash provided by operating activities:</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; padding-left:40px; text-indent:-8px; font-family:Arial,Times New Roman">Depreciation</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>660</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>867</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFCC" valign=top><P style="margin:0px; padding-left:40px; text-indent:-8px; font-family:Arial,Times New Roman">Share based compensation</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>1,481</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>1,479</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; padding-left:40px; text-indent:-8px; font-family:Arial,Times New Roman">Discontinued project costs</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>1,714</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&#151;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFCC" valign=top><P style="margin:0px; padding-left:40px; text-indent:-8px; font-family:Arial,Times New Roman">Deferred income taxes</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>157</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>(183</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">)</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; padding-left:40px; text-indent:-8px; font-family:Arial,Times New Roman">Bad debt expense</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>94</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>95</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFCC" valign=top><P style="margin:0px; padding-left:40px; text-indent:-8px; font-family:Arial,Times New Roman">(Increase) decrease in operating assets and increase (decrease) in liabilities:</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; padding-left:56px; text-indent:-8px; font-family:Arial,Times New Roman">Accounts receivable</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>(264</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">)</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>(417</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">)</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFCC" valign=top><P style="margin:0px; padding-left:56px; text-indent:-8px; font-family:Arial,Times New Roman">Inventories - finished goods</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>10,659</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>(4,126</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">)</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; padding-left:56px; text-indent:-8px; font-family:Arial,Times New Roman">Prepaid income taxes</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>54</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>(54</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">)</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFCC" valign=top><P style="margin:0px; padding-left:56px; text-indent:-8px; font-family:Arial,Times New Roman">Prepaid expenses and other current assets</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>662</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>(1,237</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">)</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; padding-left:56px; text-indent:-8px; font-family:Arial,Times New Roman">Accounts payable</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>(616</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">)</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>(686</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">)</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFCC" valign=top><P style="margin:0px; padding-left:56px; text-indent:-8px; font-family:Arial,Times New Roman">Accrued expenses and other current liabilities</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>(61</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">)</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>(42</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">)</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; padding-left:56px; text-indent:-8px; font-family:Arial,Times New Roman">Income taxes payable</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>50</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>(162</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">)</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFCC" valign=top><P style="margin:0px; font-family:Arial,Times New Roman">Net cash provided by operating activities</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:1px solid #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:1px solid #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>32,043</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:1px solid #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:1px solid #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:1px solid #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>13,506</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:1px solid #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFCC" valign=top><P style="margin:0px; padding-left:8px; text-indent:-8px; font-family:Arial,Times New Roman">Cash flows from investing activities:</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; padding-left:24px; text-indent:-8px; font-family:Arial,Times New Roman">Net change in investments</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>(68</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">)</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>(84</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">)</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFCC" valign=top><P style="margin:0px; padding-left:24px; text-indent:-8px; font-family:Arial,Times New Roman">Purchases of property and equipment</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:1px solid #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:1px solid #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>(918</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:1px solid #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">)</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:1px solid #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:1px solid #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>(45</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:1px solid #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">)</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; font-family:Arial,Times New Roman">Net cash used in investing activities</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>(986</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">)</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>(129</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">)</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFCC" valign=top><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; padding-left:8px; text-indent:-8px; font-family:Arial,Times New Roman">Cash flows from financing activities:</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFCC" valign=top><P style="margin:0px; padding-left:24px; text-indent:-8px; font-family:Arial,Times New Roman">Dividends paid</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>(13,807</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">)</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>(13,326</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">)</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; padding-left:24px; text-indent:-8px; font-family:Arial,Times New Roman">Tax adjustment related to stock compensation</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>58</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>99</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFCC" valign=top><P style="margin:0px; font-family:Arial,Times New Roman">Net cash used in financing activities</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:1px solid #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:1px solid #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>(13,749</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:1px solid #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">)</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:1px solid #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:1px solid #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>(13,227</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC; border-bottom:1px solid #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">)</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFCC" valign=top><P style="margin:0px; font-family:Arial,Times New Roman">Net increase in cash and cash equivalents</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>17,308</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>150</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; font-family:Arial,Times New Roman">Cash and cash equivalents, at beginning of year</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>18,305</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>18,155</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFCC" valign=top><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; font-family:Arial,Times New Roman">Cash and cash equivalents, at end of year</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">$</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>35,613</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">$</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>18,305</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFCC" valign=top><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; font-family:Arial,Times New Roman">Supplemental disclosure of cash flow information:</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=69.133><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFCC" valign=top><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; padding-left:24px; text-indent:-8px; font-family:Arial,Times New Roman">Cash paid for income taxes</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">$</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>10,026</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">$</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>10,727</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFCC" valign=top><P style="margin:0px; padding-left:24px; text-indent:-8px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; padding-left:24px; text-indent:-8px; font-family:Arial,Times New Roman">Dividends payable in accrued expenses</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">$</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>212</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">$</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=bottom width=69.133><P style="margin:0px; font-family:Arial,Times New Roman" align=right>262</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #FFFFFF" valign=bottom width=7.667><P style="margin:0px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
</TABLE>
<P style="margin:0px"><BR></P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px; font-family:Arial,Times New Roman" align=center>Exhibit 99.1 Page 4 of 4</P>
<P style="margin:0px" align=center><BR>
<BR></P>
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