I think there's a much greater level of caution -- you could also say it's a much higher level of responsibility.
"David Hargreaves" FAcSS was Associate Director for Development and Research of the Specialist Schools and Academies Trust (SSAT). He is a Fellow of Wolfson College, Cambridge and Foundation Academician of the Academy of the Social Sciences.
He has been Chairman of the British Educational Communications and Technology Agency (BECTA), Chief Inspector of the Inner London Education Authority and Chief Executive of the Qualifications and Curriculum Authority (QCA). He has held academic posts in teacher education at the University of Manchester, the University of Oxford (where he was Reader (academic rank)/Reader in Education and a Oxbridge Fellow/Fellow of Jesus College, Oxford/Jesus College from 1979 to 1984) and the University of Cambridge and is visiting professor of education at the University of Manchester. He is the author of several books on educational theory and a Senior Associate of the think tank Demos.More David Hargreaves on Wikipedia.
As a result of our strong cash flow and continued efforts to strengthen our balance sheet we improved our year-over-year debt, net of cash position by $300 million despite having repurchased $31.8 million of common stock year to date.
Overall, I would certainly agree that it is not helpful that these costs are increasing, but also it is not going to be materially adverse to our potential profitability.
[Given the positive performance of its] Star Wars ... be a profitable line for us this year.
We have an extra ten years to exploit this property. The Star Wars property is a high gross margin area. It generally requires less advertising because its the movie that drives interest in the merchandise.