Ken Joyce
Ken Joyce
associated charge continue designed employee expect expenses goal improving included increase intend million process program reduce reducing reduction savings seek separation support yield
As we seek to increase profitability, we are undertaking a comprehensive program designed to streamline our corporate-wide support organization and reduce SG&A costs. Fourth-quarter SG&A expenses included a charge of $3.3 million associated with employee reduction and separation expenses, which we expect to yield annualized savings of around $8 million. We intend to continue this process during 2006 with the goal of not only reducing costs, but also improving operational effectiveness.
gonna gotta
You gotta (manufacture runs) sometimes. Sometimes you are gonna be a little lethargic.
deserved fate last left picking
I thought he pitched well, picking up right where he left off last season. He deserved a better fate than what he got today.
game runs
We are where we are because of them. Unfortunately at the end of the game they got some runs on us.
capacity customer due exceeded expected favorable fourth gross guidance higher improved increasing margin material pricing product quarter recovery revenue rose stronger third
Fourth quarter revenue and gross margin exceeded guidance due to stronger than expected customer demand; favorable product mix; improved pricing and recovery of increasing material costs; higher capacity utilization; and increasing contribution from our newer factories. As a result, gross margin rose to 24.2% from 16.4% in the third quarter.
charlie gets guys might poe
If these guys keep it up, Charlie Poe might be the one that gets promoted.
chance helps obviously win
It's huge. To get a chance to get to the playoffs, obviously it helps to win series, and we've done that so far.
best compete nice today
It was nice to see (Cheng) go out and compete today without his best stuff.
both teams
It was nothing. I just think both teams are tired.
contact job last year
That has been part of his development, that's why he's back at this level. Last year he kind of pitched away from contact but he did a better job tonight.
guys handle mental
It's all a mental thing. It's all a grind, and these guys have to handle that professionally and they did that tonight.
aggregate amount available based believe business cash currently due enhanced face february financial flow forecasts improved march market maturity million notes open principal purchased quarter remaining resources retire satisfy senior sufficient together value
We believe that these initiatives, together with improved cash flow from business operations, have enhanced our financial flexibility. We currently have sufficient resources to retire the remaining '06 convertible notes at maturity and based on current forecasts we believe we will have sufficient liquidity available to satisfy the $146 million of 5% convertible notes due March 2007. As previously announced, during the first quarter of 2006 we purchased in the open market $30 million face value of our outstanding $471 million aggregate principal amount of 9.25% Senior notes due February 2008.
happens
We'll see what happens when (Martin) comes back.
bullpen pitching series
Our pitching was outstanding this series and I really thought our bullpen was good.