08 Change Sales New Units $974 $755 29% Aftermarket 753 694 9% Total $1,727 $1,449 19% Operating Income New Units $129 $73 78% Aftermarket 197 185 7% Unallocated (60) (52) 15% Total $266 $205 30% Net Income $169 $121 40% EPS $2.05 $1.43 43% Bookings New Units $358 $1,013 -65% Aftermarket 694 799 -13% Total $1,051 $1,813 -42% 8 Business Model Characteristics ~ revenues tied to new build-out cyclical Flexible manufacturing model to effectively meet demand swings mitigates large swings in new unit margins ~ revenues tied to installed base much less cycle sensitive ~ 75% operating income from aftermarket (installed base) Strong value proposition Low capital intensity Strong Relative Performance in Both Up and Down Cycles 9 New Units - Flexible Manufacturing Model Highly absorbed internally at cycle bottoms Able to flex capacity to meet cycle peaks Flexibility Through Supply Chain Management ($ in Millions) 2001 2008 08 vs
From flirty minis and elegant midis to romantic maxis and bold statement pieces, these outfit ideas will help you find a look that feels like you stylish, effortless, and perfect for the moment
Our hourly chauffeur service is designed for you whether its seamless transport between meetings or arriving in style at events and parties
This range accommodates most bedroom layouts, from compact apartments to spacious primary suites
Both dresses have scoop rounded necklines and both are very dropped-waisted
