While the North American businesses off nearly 70% over the same period last year, we are seeing declines level off and turn to sequential growth. After a slow January in our Adventure's home markets of Australia and New Zealand, we saw sales in February and March that we believe represents stabilization. More importantly, the operational improvements we implemented are taking hold as we generated gross margins in excess of 40% for the quarter versus 32% and 28% in Q4 and Q3 of last year, respectively. At the corporate level, I'm pleased with the progress that we have made to upgrade our segment leadership. As Clarus has grown from a single brand Black Diamond to three distinct segments, we identified the need to shift to an operating model focused on individual entity growth, accountability and performance.