Thank you, Mr. Chairman.
I'm going to ask you a number of questions, fairly quickly, because I'm new and I'm trying to learn how this works and to make sure I understand.
I understand the 8% you've gone up based on the numbers you've provided. Based on what you've provided to me, I have that the two memoranda of understanding added about $470,000 to the cost, and my numbers show that that is about 10% of what you were spending previously.
You are showing a decrease in contributions to the employee benefits plan, and I've rarely seen a decrease in that. Is that because you renegotiated a better plan or because you have fewer employees?