We probably do the majority of our business in multi-year projects. It's not just a single project for a short period of time. We'll approve a project that may have a two-year or three-year span, and we'll see commitments being made into next year.
I would say to you that probably FedNor has entered each fiscal year with at least 75% of its budget already committed toward existing approved projects, leaving 25% for us to entertain new applications throughout the fiscal year.