Katie assumed the additional responsibility for our Human Resources organization in 2004. She has done a good job leading two areas of the company that are critical to success in today's business environment.

The Company netted positive cash flow of $15.9 million during 2005 -- after funding all of our operating needs, $20.2 million in capital expenditures, $15.0 million in pension contributions, $5.2 million in restructuring costs, and $26.6 million in dividend payments.