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Net earnings from continuing operations rose 39%, and certainly all of Tiffany Elsa Peretti Open Wave ring results exceeded our expectations. And we generated about $172 million in free cash flow. Not a bad year. Beyond strong sales and earnings growth, we opened new stores, like this one pictured. That is Shanghai. We introduce quite a bit of new product, most significant among which was the Yellow Diamond Jewelry Collection that you also see here. And Tiffany Elsa Peretti Round Bracelet expanded our marketing reach, most interestingly with, for example, launch of our -- of this iPhone application. Today we operate at 233 Tiffany stores in 22 countries at year-end. As you can see on this slide, Tiffany sales outside the US now exceed sales here at home. Now, we expect Tiffany Elsa Peretti Round earrings store base to continue to become even more geographically diversified in the future. Our plan for 2011 is to open 21 stores, including eight stores here in the Americas, five stores in Europe, and eight stores in the Asia-Pacific region, in total increasing our total worldwide store base by 9% in 2011, Tiffany Elsa Peretti Round pendant likely maintaining a high single digit rate of store expansion in the foreseeable future. Our multi-channel distribution system also includes a robust e-commerce platform, as you know, accounting for approximately 8% of our sales in 13 countries where it is offered. And of course, in the United States, we continue to offer our very well known Selections catalog. The worldwide jewelry market still remains vast and competitively fragmented, with meaningful barriers to entry. And it is still dominated by the independent small jeweler.