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Digital Bookmobile's National Tour Will Stop at KC's Union Station, Showcase Library's Digital Offerings
For Immediate Release:
June 23, 2014
June 23, 2014
Contact: Courtney Lewis
Digital Bookmobile's National Tour Will Stop at KC's Union Station, Showcase Library's Digital Offerings
Still haven't tapped into the Kansas City Public Library's array of e-books, audiobooks, and other digital offerings? Want to learn the ropes? Or delve deeper?
Step aboard the specially outfitted 18-wheeler about to pull up to Kansas City's Union Station.
The Digital Bookmobile, a 74-foot-long, high-tech variation of the traditional bookmobile, rolls into town on Sunday, June 22, 2014, setting up from 10 a.m. to 4 p.m. in the parking lot in front of Union Station, 30 W. Pershing Rd. - a few minutes south of the downtown Central Library. It will spotlight the Library's digital media materials, offering instruction on accessing its collection of more than 15,000 e-books, audiobooks, and movies, and allowing hands-on experience at a bank of learning stations.
The vehicle is equipped with broadband-connected computers, high definition monitors, premium sound systems, and a variety of portable media players. In its Gadget Gallery, visitors can access the Library's e-books and audiobooks on devices ranging from iPhone and Android phones to tablets and Kindle and Nook readers.
Operated by OverDrive, Inc., the Cleveland, Ohio-based distributor of digital materials to libraries, schools, and retailers, the Digital Bookmobile is making six stops in seven days in Missouri and Kansas as part of a nationwide tour.
"It's a perfect way to get a taste of two of Kansas City's premier cultural institutions," says Joel Jones, the Kansas City Public Library's deputy director of branch and library services. "Visitors can get to know the Library a little better, make sure they're able to take full advantage of its digital collection. And at Union Station, they can take in Science City or "The Discovery of King Tut" and grab a bite to eat.
Two OverDrive instructors will staff the Digital Bookmobile during its six-hour stay, showing visitors how to download the OverDrive application on a mobile device or use the service on a desktop computer, walking them through a search of the Kansas City Public Library's digital media collection (at www.kclibrary.org/downloadables), and lending assistance in downloading e-books, audiobooks, and video.
A video lounge inside the Bookmobile will give visitors a taste of the rich video content, from insightful documentaries to feature films, available through the Library.
Library staff members will be on hand to register new patrons for Library cards.
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Book Your Hunt by E-mail; firstname.lastname@example.com
By phone message 610-693-9836
We are conveniently located off of Route 422 between Reading and Lebanon, PA in the heart of Berks County's farm belt.
We offer Half Day Upland Packages, Season Packages and Continental Shooting as well as the ability to customize any package to your individual or corporate needs.
At our family owned farm we dedicate ourselves toward maintaining a quality, fun filled hunting experience for each hunter.
Open Monday, September 7, 2015 - April 23, 2016
Monday - Saturday
Morning Hunts: 8 AM - 12 PM
Afternoon Hunts: 1 PM - 5 PM
Start times can be flexible pending prior bookings
In an effort to attract young hunters to the sport, we have a special Junior Hunter Package at vastly reduced rates.
Professional Gun Dog Training:
Our bird dog training program at Pheasant Valley Farm is customized to fit you and your dog's needs. We train year round for upland bird hunting & water retrieving.
We will be advertising specials throughout the season through our Newsletter so feel free to contact us with your E-mail address.

subset: commoncrawl


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Thanks for the awesome plugin! Was a little worried about all the ajax but it works such smoothly! Great Work!
Now for the question, Is it possible to add options for allowing multiple selection? For example I want to allow a user to be able to select multiple languages they speak but the checkbox option doesn't allow multiple ?
Quick reply will be very appreciated.


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15th century, from the Karaman state. The bombard is a cannon or mortar used in medieval times. It was a large caliber, muzzle-loading artillery piece mainly used during sieges to throw stone balls at opponent's walls. The primary use was to break down the walls of the enemy so the army could get to the enemy. Bombards were made of bronze (sometimes) or iron (mostly) and used gunpowder to launch the projectile through the air.Correspondent: J.M.Criel, AntwerpenSource: Wikipedia.
Turkey Pictures: Copyright Dick Osseman. For any use: see my Profile.


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I have a quick question about Regex in Java (though other languages are probably similar).
What I'm trying to do is to transform a String like this:
How are you "Doing well" How well 10 "That's great"
//# I want the Regex in Java to match out all of the words, numbers,
//# and things inside quotation marks. Ideally, I'd get something like this
"Doing Well"
"That's Great!"
The Regex I'm trying to use is the following:
String RegexPattern = "[^"+ // START_OR: start of line OR"
"\\s" + // empty space OR
"(\\s*?<=\")]" + // ENDOR: preceeded by 0 or more spaces and a quotation mark
"(\\w+)" + // the actual word or number
"[\\s" + // START_OR: followed by a space OR
"(?=\")" + // followed by a quotation mark OR
"$]"; // ENDOF: end of line
This Won't work for me, though; even for much simpler strings! I've spent a lot of time looking for similar problems on here. If I didn't need the quotations, I could just use a split; eventually, though, this pattern will get much more complicated, so I will need to use the Regex (this is just the first iteration).
I'd appreciate any help; thanks in advance!


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ODT Online
ODT /directory
I wish to express my support for Wicked Campers and their
vibrant, smile-inducing art work.
It is almost beyond belief that the Queenstown Council is
threatening fines for such creative freedom of
self-expression. Obviously the great NZ clobbering machine is
at work again.
Dunedin's image is being tarnished by the messy area in the
central city where campervans congregate, a councillor and
community board deputy chairman say.
Privatisation by leasing out Waitaki lakes camp sites will
probably be deferred at least two years while the Waitaki
District Council continues to manage them and get more
The Dunedin City Council should follow Queenstown's lead and
employ a staff member to fine wayward freedom campers, Otago
Peninsula Community Board chairwoman Christine Garey says.
The Dunedin City Council has stopped a trial of a new freedom
camping area in the city in its tracks, concerned instead of
sharing the load, it may add to the problem.
The Department of Conservation and the Dunedin City
Council have started discussing possible camping sites on
Otago Peninsula. Star reporter Dan Hutchinson takes a look at
the issue of budget camping on the peninsula and finds a
distinct lack of enthusiasm for new facilities.
A Dunedin City Council proposal to move or expand a trial
that prompted controversy when freedom campers exceeded
expectations at Macandrew Bay has raised concerns in areas on
the council radar.
The Dunedin City Council insists extra efforts to control
freedom camping on Otago Peninsula are working, despite a
complaint to police about the numbers descending on Macandrew
Bay late last week.
A sterner stance from the Dunedin City Council towards
freedom campers at Macandrew Bay seems to have had unintended
Macandrew Bay may soon be free of freedom campers: residents'
opposition has prompted the Otago Peninsula Community Board
to seek immediate changes to the Dunedin City Council's trial
of designated freedom camping locations.
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publication, Property
Times South Canterbury


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James Lounge
Written by Katie on January 2, 2009. Permalink
This sofa gets points for being the perfect replacement for all those 'daybeds' that we'd rather not have to consider.
The James Lounge by Gus Modern is a very versatile sofabed perfect for your guestroom or for small apartments. By day it is a stylish sofa and by night a stylish bed.
31″ H x 76″ W x 36″ D
$1,695.00, Buy it here.
Purchase Information:Price: $1,695.00
Availability: Buy James Lounge here


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Featured Posts
Renew, Refresh, Rebrand: The Content-Centric ScribbleLive
ScribbleLive has been innovating since the company was founded in 2008. ScribbleLive was originally known as a live blogging platform but has evolved into one of the industry's leading content marketing platforms. This evolution was natural. Marketing and technology rapidly change as a result of innovation. We enhanced our visual Read more…
Latest Posts
Cut Through The Clutter (and earn more shares)
Audiences are overwhelmed by content on a daily basis. So how do you break through the clutter and earn more shares? We break down 7 ways to cut through the clutter and give your audience the kind of content they're looking for.
How to Use Live Blogging In Your Content Strategy (and increase engagement!)
There are a number of amazing ways to leverage the power of the live blog. Here we showcase a few brands and media outlets that are engaging audiences and taking an innovative approach to the live blog format.
The New and Improved ScribbleLive Guide to Sports Marketing
Our new and improved sports marketing guide will help you leverage the online experience to connect with fans before, during, and after the big game. We've added new data to expand on our six strategies to help you cut through the noise and engage your fans with quality content.


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Gym logo / Fitness Logo : A well designed logo allows your business to create an impact on customers. Logos are necessary for brand identity and it helps to establish your business. Most logos speak for themselves; the images are similar to the products for example football companies will have football as their logo designs. In this post we have added 30 best Gym logo and Fitness logo designs for your inspiration. My favorite logo designs are Gym Guide, Tonik, Fitmiss, Music Gym, God's Gym and Ultra Fitness. Please tell us your favorite logo design.
Share / Add Comment
40 Most Brilliant Logo Design Ideas for your inspiration
50 Creative Branding and Identity Design examples for your inspiration


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This page, http://www.evolveea.com/our-thoughts, functions as the blog for my company site by calling up posts that are in the category "thoughts".
It displays the 25 most recent posts (I set the max blog posts to display at 25), and I would like nav links at the bottom of that list of posts to let readers navigate further back to the next 25 older posts. This code is in my template but nothing is showing up at all (furthermore, when I use Chrome's inspector, I do not even see the html that I put around the php code--no div opening or closing is showing there):

<?php posts_nav_link( ' ', ' Previous', 'More Thoughts ' ); ?>

what could I be doing wrong here? I have tried moving the code in and out of the loop and to other parts of the page, and I read many posts about this function without finding anything that explains my problem. Can anyone help?


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Erie's State Street: Light it up
State Street is getting brighter.
Contractors are installing 14 new light poles and 400-watt bulbs from South Park Row to 10th Street, a job that will brighten Erie's main street.
This is the final phase of a three-phase project to relight State Street, though Mayor Joe Sinnott said city officials determined this last phase was needed because 78 new LED lights -- while sufficient for lighting the sidewalks -- didn't do enough to illuminate the street.
"We've been having discussions about these additions for a while. It was always a potential to do it, but we were not sure we were going to need it," he said.
Sinnott said the 72-watt LED lights, bought with part of a $1 million federal Energy Efficiency and Conservation block grant, don't throw enough light on the street. Some people complained that the street seemed darker because those lights, attached to lantern-style fixtures, focus downward instead of being diffused.
City Engineer Jon Tushak has said those LED lights are whiter, brighter and more concentrated, allowing pedestrians to see more clearly. Installed about two years ago, they also are designed to cut energy use and save utility costs.
Still, when some of them failed to work, manufacturer Architectural Area Lighting fixed the problem and extended the warranty from three to five years.
The second phase of the State Street lighting project involved the installation of decorative overhead lights at intersections.
Now crews are putting in the 30-foot-high light poles in the middle of the blocks, Tushak said. All 14 should be functioning by Friday, he said.
The final phase, funded from the city budget, costs a total of $125,216, including materials and labor. The work is being done by Keystone Electric in Erie, a division of the Bedford Heights, Ohio-based Zenith Systems LLC.
"Overall, the appearance will be brighter and that's always a positive," Sinnott said.
Rachel Clark contributed to this report.
JOHN GUERRIERO can be reached at 870-1690 or by e-mail. Follow him at twitter.com/ETNguerriero.


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I added my translation to the theme. I was hoping that this supports child theme but it seems it doesn't because my child theme is not listed on the theme list. So I go ahead and translate the main theme. After translation I generate the mo file. Now I see that the new language is added on my theme but English is still bold so I am assuming it is still the active language being used by my theme.
Mys question now is how will I activated my newly added language to the theme only. I want wordpress to stay in English. I only want the theme to be translated.
Guide please.


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Hi there,
I had a reader send me a few emails via my contact page and I never received his email. After further investigation I realized I'm not receiving any of the emails. I've ran various tests on my email and it's the contact form that is not functioning correctly.
Please help.


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Sea of tears: life and death on board the boats in the Mediterranean
- July 30, 2016
There are no ordinary days for the search-and-rescue boats off the coast of Libya. Adam Alexander spends five days on a Malta-based aid vessel that sees both relief and grief
Ross O'Carroll-Kelly: 'That's a side-effect of these pills – short-term memory . . . thingy'
- July 30, 2016
Those pills I bought at the gym are great: no side-effects – apart from rapid hair growth and hallucinations
Our wedding story: In a New York state of mind
- July 30, 2016
'Having Glen Hansard at sea was like bringing Shergar to plough a field'
- July 29, 2016
A seafaring crew from west Kerry brought the musician on board for the final leg of their three-summer currach voyage from Ireland to northern Spain
My abusive ex-husband is telling our kids lies about me
- July 29, 2016
Tell Me About It: His family and current partner speak badly of me to the children too
Patrick Freyne's big regret? Having a healthy work-life balance
- July 28, 2016
Work-life balance is the booby prize God gives to people who are failing
My sister, the car thief, was taken from us far too soon
- July 28, 2016
Family Fortunes: My parents shielded me from the tragic loss of Maree, one of life's great gifts
Your anger is your problem, so stop blaming others
- July 28, 2016
Realising that other people don't have the power to influence your behaviour is freeing
Olympian Irish women: 'There's no better buzz than standing on the starting line'
- July 25, 2016
The Women's Podcast talks to three Olympic athletes on their way to represent Ireland in Rio
Hilary Fannin: My fifties are my happiest decade yet
- July 23, 2016
Author Hilary Fannin talks to the Róisín Meets podcast about aging happily, regrets and her memoir Hopscotch
Jim Gavin: the Dublin footballer manager and pilot on living the high life
- July 24, 2016
In his first one-on-one interview, Dublin's Jim Gavin on how leadership skills honed in the military have helped him become one of the most successful Gaelic football managers of his era
Trapped: Life in Ireland's homeless hotels
- July 23, 2016
More than 1,000 homeless families live in single rooms in hotels and B&Bs. Some of them tell us about daily life.
Irish Times Best Shops competition: Keeping it in the family
- July 23, 2016
Best family-run shops competition draws a big response from readers
The joy of doing nothing
- July 23, 2016
It says something about the supersaturated, always-connected world we live in that some of us find the idea of doing nothing distressing
Ballymun at 50: From high hopes to sink estate
- July 23, 2016
Dublin's best-known tower blocks were to be a bright new world. What went wrong?
Women take the reins at the Dublin Horse Show
- July 22, 2016
Away from the glamour of Ladies' Day, women are riding high in all aspects of the annual Dublin Horse Show
My difficult colleague is holding me back
- July 22, 2016
Tell Me About It: I am not responsible for this person's work but I end up paying the price
Live like a rock star at a glampsite in Slane
- July 22, 2016
At Rock Farm on the estate of the Mount Charles family, you can hang from trees, take the ultimate lazy cycle or cook your own wood-fired pizza
Snap happy: Can you take the photo of the summer?
- July 21, 2016
Seize the moment – and capture it – and you could win this Canon DSLR camera in our Summer Pix 16 competition in association with Harvey Norman
My big regret? Waiting so long to get my eyes lasered
- July 21, 2016
Family Fortunes: Polio took me from my friends in 1950s Cork
- July 21, 2016
I had to wave at them through a glass screen in the sanatorium
I don't need to feel that my mother still exists in some form
- July 21, 2016
Coping: This would have been her 59th birthday – some anniversaries just need to be got through
Laura Kennedy: Why Twitter was wrong to ban Milo Yiannopoulos
- July 20, 2016
In banning the right-wing writer, Twitter – once a bastion of free expression – is in danger of collapsing under its own hypocrisy
Hipster Bingo: has your town turned into hipsterville?
- July 20, 2016
Telltale signs that your town has become hipsterville central
Meet the Limerick woman Oscar Wilde called 'that fascinating genius'
- July 19, 2016
The comic actor Ada Rehan is celebrated on the latest episode of The Women's Podcast as part of the Herstory series
'These human lives are worth less to us unfortunately'
- July 16, 2016
Bosnian war diarist Zlata Filipovic speaks to the Róisín Meets podcast about Europe's migrant crisis and her own escape from conflict
Backing Donald Trump: meet Joe Arpaio, the 'toughest sheriff' in the United States
- July 16, 2016
The Maricopa County sheriff says that the Republican is his 'kind of guy: outspoken' – and that people have overreacted to the police shootings of black men caught on film
Ross O'Carroll-Kelly: 'I suddenly feel the kind of shame that only a couple of lunchtime pints can help erase'
- July 16, 2016
Supplements? Okay, I have to admit, that doesn't sound as bad as drugs. What do they do?
Joanne McNally on . . . men vs s'mores
- July 16, 2016
I could suddenly see a future where I'm washing my husband in the sink and aeroplane feeding him mash
Our wedding story: 'Peaky Blinders' plays its part in the big day
- July 16, 2016
Sarah Quinn and Aiden Downes's friends pulled out all the stops to make them laugh
I'm 70 and I feel trapped as a carer for my ill husband
- July 15, 2016
I feel so guilty for thinking this way, but I can't go on holidays any more and we never go out
The Spanish don't even call high-end camping option glamping
- July 15, 2016
Despite taking flak for his (ironic) Local Celebrity T-shirt, Conor Pope has a blast at the high-end Playa Montroig campsite in Spain
'I knew after two albums it was time to leave JJ72'
- July 15, 2016
Hilary Woods, who became bassist of the Dublin band as a teenager, left to become a solo artist. Becoming a single parent at 23 put paid to that dream – until now
The adventures of a complete Aisling in the big smoke
- July 15, 2016
I was slagging 'Memmeh' for being a rural stereotype when I realised I tick a lot of boxes of the stereotypical country girl in Dublin
'My grandparents took us in and we never heard from Mammy again'
- July 14, 2016
When my grandfather dropped dead at work, aged 64, Nana said it was how he wanted to go
The dangers of telling kids 'it's the taking part that counts'
- July 14, 2016
Children should not be misled: real life should be a meritocracy
Tara Flynn's big regret: Not taking life by the balls sooner
- July 14, 2016
'It's a dog-eat-dog world out there and I'm vegetarian,' says the comedian and author
Jennifer Aniston launches tabloid backlash to pregnancy rumours
- July 13, 2016
Amid pregnancy rumours, Aniston has taken to the Huffington Post to set the record straight once and for all
Greystones woman climbed mountains in a skirt so not to offend
- July 12, 2016
This week's Herstory on The Women's Podcast is trailblazing Co Wicklow mountain climber Lizzie Le Blond
Exit Andrea Leadsom: should she have kept mum?
- July 11, 2016
If you have to be a mother to lead a country, the playing field might as well be razed
What can we do about masculinity in crisis?
- July 11, 2016
Broadside: the online war of the sexes has developed into a weapons-grade conflict
'My love of whiskey? It's all my Mum's fault'
- July 9, 2016
Tipperary Boutique Distillery MD Jennifer Nickerson tells the Róisín Meets podcast that building a distillery trumps getting married right now
Hidden stories of abandoned mental hospital revealed
- July 9, 2016
After we published an anonymous account of life in St Ita's psychiatric institution, a photographer and a doctor were among readers to add to its portrait of life there
Michael and Danny Healy-Rae: Gombeen men or political geniuses?
- July 9, 2016
Weekend Read: The brothers carved up Co Kerry and took the spoils of two Dáil seats. How did they do it? The voters in Healy-Rae Kingdom speak out
Clodagh McKenna... on cooking, in three cities
- July 9, 2016
Being away from Ireland only makes Clodagh love and appreciate the food so much more
Our wedding story: Not even Storm Desmond could stop this ceremony
- July 9, 2016
Tomás Hayes proposed to Susan O'Leary on a rainy day on Derrynane Beach
'The Ireland I visit now is not the same place I left behind'
- July 8, 2016
I still feel very connected to Ireland, but I now view it as my past
The Irish woman who led a double life smuggling Jewish refugees
- July 8, 2016
Margaret Kearney Taylor, who welcomed aristocratic ladies of Madrid to her tea salon, also aided Allied servicemen
Beyoncé in Dublin: from timid good girl to strident superstar
- July 8, 2016
Beyoncé has come a long way from the God-fearing, good girl of Destiny's Child – the star is being reborn as an icon and vocal advocate for the Black Lives Matter movement
Glamping: Live like a royal while pretending to be Bear Grylls
- July 8, 2016
Conor Pope experiences how much camping has come on since soggy 1970s summers
I had a harrowing experience the day my brother was born
- July 7, 2016
At two years old I wasn't to know that climbing my father's harrow would lead to trouble
Brexit's ugly sense of superiority
- July 7, 2016
To believe that those who don't agree with you are stupid or ill-intended is arrogant and dangerous
I am always rejected by people and I don't know why
- July 6, 2016
I have done counselling, joined online forums and started courses, but nothing works
In the army now: What's life like for women?
- July 4, 2016
Irish women talk about their treatment in the defence forces and tragedy in the line of duty
Fourth of July in Sligo: Interesting, challenging, disorienting, hilarious
- July 4, 2016
Kathleen Harris: Growing up in Texas, Independence Day was a huge pool party. Then we moved to the west of Ireland . . .
Jennifer Johnston: 'I'm winning. I've started writing again'
- July 2, 2016
The 86-year-old Irish author tells the Róisín Meets podcast her new book Naming The Stars is "rather good"
Rocking lullabies: No more 'Twinkle Twinkle'
- July 2, 2016
Is there an alternative to cloying lullabies? And what do musicians sing to their kids?
Our Wedding Story: A spiritual ceremony in Meath
- July 2, 2016
Ross Kelly proposed to Orlagh O'Neill at a Halloween party dressed as a corpse groom
Our wedding story: Friday the 13th proves a charm
- July 2, 2016
Spiritual and humanist marriages arising from a wandering dog, ghoulish liasions and Friday 13th dates
Our Wedding Story: 'We wanted to keep things simple and casual'
- July 2, 2016
Celebrating a marriage across the world, from Sydney to Co Cork
'I'm not homesick any more': Irish emigrants on their changing lives
- July 1, 2016
From London to the United Arab Emirates and Australia, four Irish people talk about their experiences making a new life overseas
The Irish spoofer who was Churchill's right-hand man
- July 1, 2016
Bracken, who was brought up in Ireland before turning up in Australia and Britain, spun fairy tales about his origins and rose to become part of the British establishment
Coping: The restorative powers of boring old porridge
- June 30, 2016
Heidegger had his own theories about how to illuminate a dull life of habit and duty. I suggest porridge
My identical twin died 65 years ago and I still feel pangs of guilt
- June 30, 2016
Brexit: British needed more Kerry Katona and less Keira Knightley
- June 28, 2016
One can't help feeling that a letter signed by the cast of Geordie Shore might have had more effect than Cumberbatch and Elba's attempts
Senator Lynn Ruane: 'I listed off the drugs I'd been taking...'
- June 27, 2016
Senator Lynn Ruane tells The Women's Podcast at the Body & Soul festival about her path to the Seanad
'If you're a young, white straight man today you're in trouble'
- June 27, 2016
The easily offended are less able to cope with life, warns author of 'I Find That Offensive'
Broadside: Ireland's famed welcome faces a stern test
- June 27, 2016
Sorcha Pollak: One immigrant to Ireland wrote to tell me that 'People are kind to me here because maybe they hope that someone will be kind to their child living the migrant experience somewhere else'
Ann O'Dea: 'If you copy other events you end up with 90 per cent male panellists'
- June 25, 2016
The Silicon Republic and Inspirefest founder wants to disrupt the 'male pale' tech conference calendar
Heels and heroes: Dublin's mania for wrestling
- June 25, 2016
Skulduggery and athletic prowess make for a heady mix at this 'pantomime for grown ups'
Syrian children get behind the lens to show life as refugees
- June 25, 2016
A celebrated photojournalist is teaching displaced children how to tell their stories
Germany's 'Airbnb for refugees'
- June 25, 2016
People offering lodging are asked what languages they speak to help ensure the matches work
Ross O'Carroll Kelly: 'I'm throwing up - a pavement pizza with everything on it'
- June 25, 2016
Ross's attempt to prove his prepartions for Toronto marathon are on track end badly
Peter Crawley on . . . indifference to facts
- June 25, 2016
How information cascades from memes into memories, crushing fact checkers
The challenges of being an artist with MS
- June 25, 2016
Donegal artist counts Prince Charles and Oprah Winfrey among the fans of her work
Our Wedding Story: Keeping it country in the country they both love
- June 25, 2016
Dominique Fasano and Brendan Sullivan live in Texas but were determined to get married in Ireland
Best shops in Ireland 2016: the hunt is on
- June 25, 2016
We want your help to find the nation's favourite places to shop
Maggie O'Farrell: Teachers would say 'Are your family in the IRA?'
- June 23, 2016
The Coleraine born author of This Must Be The Place doesn't get the 'tortured writer' thing
Family Fortunes: We caught our fish dinner using primitive techniques
- June 23, 2016
Mum was taken aback at the volume of fish and flatly refused to clean them
Coping: If you're in need of a bit of philosophical comfort, best reach for Montaigne
- June 23, 2016
The French philosopher was scrupulously honest about his own humanity
Tell Me About It: Dad is giving my inheritance to charity
- June 22, 2016
It is not really about the money, but a gesture of care from him would have been nice
The best place in the world to be gay? It's not Ireland
- June 21, 2016
New York is not America but even after Orlando #twomenkissing is an unremarkable event
Cindy Gallop: You need to educate children not just about sex, but also about porn
- June 20, 2016
On the Sex & Tech episode the Make Love Not Porn founder tells The Women's Podcast we need to stop blaming porn and start having healthy conversations about sex
Sex Siopa : Toys aren't the answer to spicing up your sex life, you are
- June 20, 2016
Shawna Scott, a self-confessed smut pedlar says living around the corner from a sex shop when she was going to college in the US inspired her to set up her online Sex Siopa in Ireland
Louise McSharry: It would be silly of me to hate my body because I can't shop in Zara
- June 18, 2016
The debut author appeared on the Róisín Meets podcast and talked about how cancer and pregnancy taught her to appreciate her body
Bees, spuds and peas: fresh ideas for sustainable urban living
- June 18, 2016
Andrew Douglas's Urban Farm project demonstrates just how much can be achieved in small spaces in the city
Ross O'Carroll Kelly: 'Claire doesn't have, like, a Wicklow Wicklow accent? she's very, very nearly South Dublin'
- June 18, 2016
Honor refuses to go to Toronto in case she comes back sounding like she's from Bray
It's big. It's Gaelic. It's the Best Sports Club in Ireland
- June 18, 2016
'The Irish Times' has picked the winner of its Best Sports Club in Ireland competition: Cuala GAA, an urban club with a parish feel that is 'sublimely good' at what it does
Best Sports Club in Ireland runner-up: Killarney Celtic Football for All
- June 18, 2016
When it was founded, in 2013, the Kerry club had just six players. Now it has about 50, and it has changed the lives of children with intellectual, physical and sensory difficulties
Our Wedding Story: Power outage brings big day to early end
- June 18, 2016
Newlywed Annie Armitage believes it's not the wedding day that matters but her marriage
Gemma Tipton on . . . the cost of love
- June 18, 2016
Being loving and giving makes you feel good until you feel taken advantage of
'With every new dad thing I do, I'm finding out more about my late father'
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Today's Obamacare Non-Train-Wreck News
Another Obamacare failure fails to happen.
One of the many, many, many predictions of Obamacare failure made by conservatives is that insurance companies would systematically drop out of the exchanges. They made this prediction many, many, many, many, many times. The data is starting to come in and, guess what, insurance companies are joining the exchanges. Dan Diamond reports that, in every state that has reported information so far, the number of insurance companies competing in the exchanges will expand in year two. He even has a chart:
As Larry Levitt explains, this is a big deal for the success of the program:
1. If new insurers have lower premiums, that may drive down the price for the 2nd lowest cost plan, the benchmark for subsidies. (2 of 4)— Larry Levitt (@larry_levitt) June 13, 2014
2. New insurers will provide choice where it didn't exist before (e.g. NH). Matters less where there was already lots of choice. (3 of 4)— Larry Levitt (@larry_levitt) June 13, 2014
3. Entrance of a major insurer (e.g. Wellmark in IA and SD) brings marketing muscle that should increase enrollment. (4 of 4)— Larry Levitt (@larry_levitt) June 13, 2014
I have made this point repeatedly, but it's fundamental enough to bear repeating: The information environment surrounding Obamacare is fundamentally asymmetrical. The liberal policy wonks reporting on the program have made a good faith and highly successful effort to depict both the good and the bad news about the program in context. Conservatives, even the most wonkish ones, have engaged in a one-sided propaganda effort. If you get your news about Obamacare from conservative sources, you have heard an endless succession of horror predictions that, when not borne out, have gone uncorrected. The bottom line is that the program is doing what it was designed to do.


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For the past 16 years, I have shared the privilege and burden of helping shape Manhattan and Kansas State University into what I would argue is the most military-inclusive community in the country.
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Senior Research Fellow
Carlos Martins-Filho is a Senior Research Fellow at the International Food Policy Research Institute (IFPRI) and a Professor of Economics at the University of Colorado, Boulder. He is an econometrician with a research focus on theoretical/applied semi and nonparametric statistical modeling. His previous professional activities include consulting for the World Bank, the Central Bank of Brazil, and several private companies (AT&T, MCI, Dreyfus Investments, etc.)
Before joining IFPRI, Dr. Martins-Filho was a Professor in the Department of Economics, Oregon State University (1992-1999, 2001-2008) and an Associate Professor at EPGE-FGV in Brazil (1999-2000). He received his PhD from the University of Tennessee, Knoxville in 1992.


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"Everything that I've done so far has had a bigger budget than the last, but I've never ever felt the benefit of the bigger budget because the ideas always exceed the budget."Edgar Wright is a British director known for making stylish, genre-busting films, usually working with Simon Pegg and Nick Frost. He is also known for his surprising talent of making films that function equally well as both deconstructions and carefully crafted stories. He is one of us, a very notable example of a film geek-come-director this side of Tarantino. Fittingly enough, they're friends.
- Dead Right - Hot Fuzz without the budget and with even more genre savviness.
- A Fistful Of Fingers - A low budget Clint Eastwood parody.
- Asylum
- Spaced - Surreal Brit Com about a writer and a comic book artist living in a flat. Brimming with references to other TV shows and movies.
- Shaun of the Dead - Guy tries to rescue his friends from zombies. He fails. Mostly.
- Hot Fuzz - Skilled cop is sent to a sleepy town where no murders, but many accidents happen.
- Don't - A trailer from the movie Grindhouse.
- Scott Pilgrim vs. The World - An adaptation of the comic by Bryan Lee O'Malley.
- The World's End - A group of friends from childhood reunite to finish their epic pub crawl only to find their old town invaded by aliens.
- Baby Driver
- The Adventures of Tintin - He has a writing credit along with Steven Moffat and Joe Cornish.
- Ant-Man - He was going to direct, but then left due to Creative Differences.
Tropes associated with him include:
- Chekhov's Armoury
- Freeze-Frame Bonus: His films demand repeat viewings, if only to catch all the blink-and-you'll-miss-it moments.
- Funny Background Event/Meaningful Background Event
- Genre-Busting
- Gorn: Shaun of the Dead, Hot Fuzz and Don't have this. Scott Pilgrim vs. The World avoids it altogether giving into the style of the comic book. The World's End has what you could call gorn in the form of blue robot blood which is "more like ink" - there isn't much actual human blood in the film.
- Heterosexual Life-Partners:
- With Simon Pegg, Quentin Tarantino and Cinematographer Bill Pope.
- Simon Pegg didn't just act in his films with Wright, he also co-wrote all three films in Blood and Ice Cream Trilogy.
- In the Making of Scott Pilgrim, he says that "Bill Pope is one of my favourite people ever. Bill, if you're watching this, I love you." And at the end of his and Bill's Scott Pilgrim DVD commentary, he says "And now Bill and I are gonna make out." with some kissing sounds.
- Logo Joke: The Universal sequence in his films? Not the regular one.
- Older Than They Look: Is pushing forty; you couldn't tell by that (relatively recent) picture up there, could you?
- When him and Anna Kendrick were out together they looked like a pair of college kids, and the shyness about simply holding hands did not help.


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Rent-a-Text is a new program that was launched in 2009 by the UNT Bookstore to offer students - and that includes faculty and staff who enroll in classes - an opportunity to rent textbooks for a semester. UNT students of all types have saved more than $500,000 with the rental program.
The UNT Follett Bookstore carries 100 percent of the textbook titles that are adopted by the university.
Currently more than 34 percent (or more than 1,000) of the titles that are being used are available in a new or used format for rent at 42.5 percent of the new retail price. This is in addition to the other new, used and electronic formats that are available.
As a strong supporter of UNT spirit and tradition, the bookstore is proud to meet the needs of the students and welcomes students, faculty and staff back to campus.
Please be aware that "A student of this institution is not under any obligation to purchase a textbook from a university-affiliated bookstore. The same textbooks may also be available from an independent retailer, including an online retailer," according to the Texas Education Code, Section 51.9705 (H.B. 1096, 81st Texas Legislature)
Faculty and staff members have roles in transforming UNT into a nationally prominent university. Share your ideas on how you can help UNT to own excellence, keep students on track and improve graduation education.
No current Deadlines


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Without using a language file, which file would I go to if I wanted to rename profile tabs? For example, instead of the tab saying "Activity" I want it to say "My Activity". Instead of "Groups" I would make it say "My Groups" etc. Thanks
Look at the source, you know that already. :)
I didn't but I bet there is a piece of code looking like this:
… or …
Follow the functions, they are wrappers for the function
You see you get a filter:
Now we need the custom function, that's really simple:


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Quotes & Info
|AZO > SEC Filings for AZO > Form 10-Q on 15-Dec-2011
|All Recent SEC Filings
Quarterly Report
We are the nation's leading retailer and a leading distributor of automotive replacement parts and accessories in the United States. We began operations in 1979 and at November 19, 2011, operated 4,551 stores in the United States, including Puerto Rico, and 281 in Mexico. Each of our stores carries an extensive product line for cars, sport utility vehicles, vans and light trucks, including new and remanufactured automotive hard parts, maintenance items, accessories and non-automotive products. At November 19, 2011, in 2,733 of our domestic stores, we also have a commercial sales program that provides commercial credit and prompt delivery of parts and other products to local, regional and national repair garages, dealers, service stations and public sector accounts. We also sell the ALLDATA brand automotive diagnostic and repair software through www.alldata.com and www.alldatadiy.com. Additionally, we sell automotive hard parts, maintenance items, accessories, and non-automotive products through www.autozone.com, and our commercial customers can make purchases through www.autozonepro.com. We do not derive revenue from automotive repair or installation services.
Operating results for the twelve weeks ended November 19, 2011, are not necessarily indicative of the results that may be expected for the fiscal year ending August 25, 2012. Each of the first three quarters of our fiscal year consists of 12 weeks, and the fourth quarter consists of 16 or 17 weeks. The fourth quarters for fiscal 2011 and fiscal 2012 each have 16 weeks. Our business is somewhat seasonal in nature, with the highest sales generally occurring during the months of February through September and the lowest sales generally occurring in the months of December and January. Executive Summary
Net sales were up 7.4% for the quarter, driven by domestic same store sales growth of 4.6%. We experienced sales growth from both our retail and commercial customers. Earnings per share increased 24.0% for the quarter.
Over the past several years, various factors have occurred within the economy that affect both our consumer and our industry, including the impact of the recession, continued high unemployment and other challenging economic conditions, which we believe have aided our sales growth during the quarter. As consumers' cash flows have decreased due to these factors, we believe consumers have become more likely to keep their current vehicles longer and perform repair and maintenance in order to keep those vehicles well maintained. Given the nature of these macroeconomic factors, we cannot predict whether or for how long these trends will continue, nor can we predict to what degree these trends will impact us in the future.
More recently, we feel other macroeconomic factors have adversely impacted both our consumer and our industry. During the first quarter of fiscal 2012, the average price per gallon of unleaded gasoline in the United States was $3.50, up $0.72 or 26% from $2.78 in the comparable prior year period. We believe that the increase in gas prices is reducing discretionary spending for all consumers, and, in particular, our customers. While prices have declined since the end of our first quarter, given the unpredictability of gas prices, we cannot predict whether gas prices will increase or decrease, nor can we predict how any future changes in gas prices will impact our sales in future periods.
Our primary response to fluctuations in the demand for the products we sell are to adjust our inventory levels, store staffing, and advertising messages. We continue to believe we are well positioned to help our customers save money and meet their needs in a challenging macro environment.
Historically, the two statistics that we believed had the closest correlation to our market growth over the long-term were miles driven and the number of seven year old or older vehicles on the road. Prior to the recent recession, we had seen a close correlation between our net sales and the number of miles driven; however, recently we have seen minimal correlation in sales performance with miles driven. Sales have grown at an increased rate, while miles driven has either decreased or grown at a slower rate than what we have historically experienced. During this period of minimal correlation between net sales and miles driven, we believe net sales have been positively impacted by other factors, including the number of seven year old or older vehicles on the road. Since the beginning of fiscal year 2011 and through September 2011 (latest publicly available information), miles driven have decreased slightly as compared to the corresponding prior year period, and the average age of the U.S. light vehicle fleet continues to trend in our industry's favor. We believe that annual miles driven will return to a low single digit growth rate over time and that the number of seven year old or older vehicles will continue to increase; however, we are unable to predict the impact, if any, these indicators will have on future results.
In the first quarter, failure and maintenance related categories continued to represent the largest portion of our sales mix, at approximately 84% of total sales, with failure related categories continuing to be our strongest performers. While we have not experienced any fundamental shifts in our category sales mix over recent periods, we did experience a slight increase in sales of failure related categories as a percentage of sales. We remain focused on refining and expanding our product assortment to ensure we have the best merchandise at the right price in each of our categories.
Twelve Weeks Ended November 19, 2011,
Compared with Twelve Weeks Ended November 20, 2010 Net sales for the twelve weeks ended November 19, 2011, increased $132.7 million to $1.924 billion, or 7.4%, over net sales of $1.792 billion for the comparable prior year period. Total auto parts sales increased by 7.4%, primarily driven by a domestic same store sales (sales for stores open at least one year) increase of 4.6% and net sales of $47.3 million from new stores. The domestic same store sales increase was driven by higher transaction value, partially offset by decreased transaction counts. Higher transaction value is attributable to product inflation due to more complex, costly products and commodity price increases.
Gross profit for the twelve weeks ended November 19, 2011, was $983.6 million, or 51.1% of net sales, compared with $907.7 million, or 50.7% of net sales, during the comparable prior year period. The improvement in gross margin was attributable to distribution costs leveraging on higher sales (23 basis points), lower shrink expense (18 basis points) and slightly higher merchandise margins. Operating, selling, general and administrative expenses for the twelve weeks ended November 19, 2011, were $642.7 million, or 33.4% of net sales, compared with $601.6 million, or 33.6% of net sales, during the comparable prior year period. The improvement in operating expenses was due to lower incentive compensation (33 basis points), favorable legal expense (32 basis points) and leverage from higher sales volumes. This leverage was partially offset by higher self insurance costs (51 basis points).
Net interest expense for the twelve weeks ended November 19, 2011, was $39.1 million compared with $37.3 million during the comparable prior year period. This increase was primarily due to the increase in debt over the comparable prior year period, offset by a decrease in borrowing rates. Average borrowings for the twelve weeks ended November 19, 2011, were $3.287 billion, compared with $2.861 billion for the comparable prior year period. Weighted average borrowing rates were 4.8% for the twelve weeks ended November 19, 2011, and 5.3% for the twelve weeks ended November 20, 2010.
Our effective income tax rate was 36.7% of pretax income for the twelve weeks ended November 19, 2011, and 36.0% for the comparable prior year period. Net income for the twelve week period ended November 19, 2011, increased by $19.0 million to $191.1 million, and diluted earnings per share increased by 24.0% to $4.68 from $3.77 in the comparable prior year period. The impact on current quarter diluted earnings per share from stock repurchases since the end of the comparable prior year period was an increase of $0.48. Liquidity and Capital Resources
The primary source of our liquidity is our cash flows realized through the sale of automotive parts, products and accessories. For the twelve weeks ended November 19, 2011, our net cash flows from operating activities provided $342.3 million as compared with $357.4 million provided during the comparable prior year period. The decrease is primarily due to higher income tax payments and a reduced benefit from the change in inventories net of payables, partially offset by higher net income. Our inventory increases are primarily attributable to an increased number of stores and to a lesser extent, our efforts to update product assortments in all of our stores. During the twelve weeks ended November 19, 2011, we continued to benefit from inventory being financed by our vendors. We had an accounts payable to inventory ratio of 112% at November 19, 2011, as compared to 107% at November 20, 2010.
Our net cash flows from investing activities for the twelve weeks ended November 19, 2011, used $61.9 million as compared with $47.9 million used in the comparable prior year period. Capital expenditures for the twelve weeks ended November 19, 2011, were $61.9 million compared to $45.8 million for the comparable prior year period. The increase is primarily driven by a shift in the mix of store openings from build-to-suit leases to ground leases and land purchases, which require a higher initial capital investment. During this twelve week period, we opened 19 net new stores. In the comparable prior year period, we opened 18 net new stores. Investing cash flows were also impacted by our wholly owned insurance captive, which purchased $11.1 million and sold $10.1 million in marketable securities during the twelve weeks ended November 19, 2011. During the comparable prior year period, the captive purchased $9.9 million in marketable securities and sold $7.3 million in marketable securities. Capital asset disposals provided $1.1million during the twelve week period ended November 19, 2011, and $0.5 million in the comparable prior year period.
Our net cash flows from financing activities for the twelve weeks ended November 19, 2011, used $280.7 million compared to $310.2 million used in the comparable prior year period. There were no proceeds from the issuance of debt for the current twelve week period ended November 19, 2011. During the comparable prior year, proceeds from the issuance of debt totaled $500 million. Those proceeds were used for the repayment of debt of $199.3 million, the repayment of a portion of our commercial paper borrowings, and general corporate purposes. For the twelve weeks ended November 19, 2011, net proceeds from borrowings of commercial paper and short-term borrowings were $5.8 million as compared to net repayments of $331.6 million in the comparable prior year period. Stock repurchases were $309.8 million in the current twelve week period as compared with $299.7 million in the comparable prior year period. For the twelve weeks ended November 19, 2011, proceeds from the sale of common stock and exercises of stock options provided $29.7 million, including $11.2 million in related tax benefits. In the comparable prior year period, proceeds from the sale of common stock and exercises of stock options provided $30.9 million, including $9.0 million in related tax benefits.
During fiscal 2012, we expect to invest in our business at an increased rate as compared to fiscal 2011. Our investment is expected to be directed primarily to our new-store development program and enhancements to existing stores and infrastructure. The amount of our investments in our new-store program is impacted by different factors, including such factors as whether the building and land are purchased (requiring higher investment) or leased (generally lower investment), located in the United States or Mexico, or located in urban or rural areas. During fiscal 2011 and fiscal 2010, our capital expenditures increased by approximately 2% and 16%, respectively, as compared to the prior year, and we expect our capital expenditures for fiscal 2012 to increase by 20% to 25% as compared to fiscal 2011. Our mix of store openings has moved away from build-to-suit leases (lower initial capital investment) to ground leases and land purchases (higher initial capital investment), resulting in increased capital expenditures per store during recent years, and we expect this trend to continue during the remainder of the fiscal year ending August 25, 2012.
In addition to the building and land costs, our new-store development program
requires working capital, predominantly for inventories. Historically, we have
negotiated extended payment terms from suppliers, reducing the working capital
required and resulting in a high accounts payable to inventory ratio. We plan to
continue leveraging our inventory purchases; however, our ability to do so may
be limited by our vendors' capacity to factor their receivables from us. Certain
vendors participate in financing arrangements with financial institutions
whereby they factor their receivables from us, allowing them to receive payment
on our invoices at a discounted rate.
Depending on the timing and magnitude of our future investments (either in the form of leased or purchased properties or acquisitions), we anticipate that we will rely primarily on internally generated funds and available borrowing capacity to support a majority of our capital expenditures, working capital requirements and stock repurchases. The balance may be funded through new borrowings. We anticipate that we will be able to obtain such financing in view of our current credit ratings and favorable experiences in the debt markets in the past.
For the trailing four quarters ended November 19, 2011, our after-tax return on invested capital ("ROIC") was 32.1% as compared to 28.6% for the comparable prior year period. ROIC is calculated as after-tax operating profit (excluding rent charges) divided by average invested capital (which includes a factor to capitalize operating leases). ROIC increased primarily due to increased after-tax operating profit. We use ROIC to evaluate whether we are effectively using our capital resources and believe it is an important indicator of our overall operating performance.
Debt Facilities
In September 2011, we amended and restated our $800 million revolving credit facility, which was scheduled to expire in July 2012. The capacity under the revolving credit facility was increased to $1.0 billion. This credit facility is available to primarily support commercial paper borrowings, letters of credit and other short-term, unsecured bank loans. The capacity of the credit facility may be increased to $1.250 billion prior to the maturity date at our election and subject to bank credit capacity and approval, may include up to $200 million in letters of credit, and may include up to $175 million in capital leases each fiscal year. Under the revolving credit facility, we may borrow funds consisting of Eurodollar loans or base rate loans. Interest accrues on Eurodollar loans at a defined Eurodollar rate, defined as the London InterBank Offered Rate ("LIBOR") plus the applicable percentage, as defined in the revolving credit facility, depending upon our senior, unsecured, (non-credit enhanced) long-term debt rating. Interest accrues on base rate loans as defined in the revolving credit facility. We also have the option to borrow funds under the terms of a swingline loan subfacility. The revolving credit facility expires in September 2016.
As the available balance is reduced by commercial paper borrowings and certain outstanding letters of credit, we had $399.4 million in available capacity under our $1.0 billion credit facility at November 19, 2011.
We also maintain a letter of credit facility that allows us to request the participating bank to issue letters of credit on our behalf up to an aggregate amount of $100 million. The letter of credit facility is in addition to the letters of credit that may be issued under the revolving credit facility. As of November 19, 2011, we have $98.3 million in letters of credit outstanding under the letter of credit facility, which expires in June 2013.
On November 15, 2010, we issued $500 million in 4.000% Senior Notes due 2020 under our shelf registration statement filed with the Securities and Exchange Commission on July 29, 2008 (the "Shelf Registration"). The Shelf Registration allows us to sell an indeterminate amount in debt securities to fund general corporate purposes, including repaying, redeeming or repurchasing outstanding debt and for working capital, capital expenditures, new store openings, stock repurchases and acquisitions. During the quarter ended November 20, 2010, we used the proceeds from the issuance of debt to repay the principal due relating to the 4.750% Senior Notes that matured on November 15, 2010, to repay a portion of the commercial paper borrowings and for general corporate purposes. The 6.500% and 7.125% Senior Notes issued during August 2008, and the 5.750% Senior Notes issued in July 2009, are subject to an interest rate adjustment if the debt ratings assigned to the notes are downgraded. These notes, along with the 4.000% Senior Notes issued in November 2010, also contain a provision that repayment of the notes may be accelerated if AutoZone experiences a change in control (as defined in the agreements). Our borrowings under our other senior notes contain minimal covenants, primarily restrictions on liens. Under our other borrowing arrangements, covenants include limitations on total indebtedness, restrictions on liens, a minimum fixed charge coverage ratio and a change of control provision that may require acceleration of the repayment obligations under certain circumstances. All of the repayment obligations under our borrowing arrangements may be accelerated and come due prior to the scheduled payment date if covenants are breached or an event of default occurs. As of November 19, 2011, we were in compliance with all covenants and expect to remain in compliance with all covenants.
Our adjusted debt to earnings before interest, taxes, depreciation, amortization, rent and share-based expense ("EBITDAR") ratio was 2.4:1 as of November 19, 2011, and was 2.3:1 as of November 20, 2010. We calculate adjusted debt as the sum of total debt, capital lease obligations and rent times six; and we calculate EBITDAR by adding interest, taxes, depreciation, amortization, rent and share-based expenses to net income. Adjusted debt to EBITDAR is calculated on a trailing four quarter basis. We target our debt levels to a ratio of adjusted debt to EBITDAR in order to maintain our investment grade credit ratings. We believe this is important information for the management of our debt levels.
Stock Repurchases
From January 1, 1998 to November 19, 2011, we have repurchased a total of 128.3 million shares at an aggregate cost of $10.5 billion, including 954,389 shares of our common stock at an aggregate cost of $309.8 million during the twelve week period ended November 19, 2011. On September 28, 2011, the Board of Directors (the "Board") voted to increase the authorization by $750 million to raise the cumulative share repurchase authorization from $10.4 billion to $11.15 billion. Considering cumulative repurchases as of November 19, 2011, we have $658.9 million remaining under the Board's authorization to repurchase our common stock. We had no share repurchases of our common stock subsequent to November 19, 2011.
Off-Balance Sheet Arrangements
Since our fiscal year end, we have cancelled, issued and modified stand-by letters of credit that are primarily renewed on an annual basis to cover deductible payments to our casualty insurance carriers. Our total stand-by letters of credit commitment at November 19, 2011, was $101.9 million compared with $96.6 million at August 27, 2011, and our total surety bonds commitment at November 19, 2011, was $26.5 million compared with $26.3 million at August 27, 2011.
Financial Commitments
As of November 19, 2011, there were no significant changes to our contractual obligations as described in our Annual Report on Form 10-K for the year ended August 27, 2011.
Reconciliation of Non-GAAP Financial Measures Management's Discussion and Analysis of Financial Condition and Results of Operations include certain financial measures not derived in accordance with U.S. generally accepted accounting principles ("GAAP"). These non-GAAP financial measures provide additional information for determining our optimum capital structure and are used to assist management in evaluating performance and in making appropriate business decisions to maximize stockholders' value. Non-GAAP financial measures should not be used as a substitute for GAAP financial measures, or considered in isolation, for the purpose of analyzing our operating performance, financial position or cash flows. However, we have presented the non-GAAP financial measures, as we believe they provide additional information that is useful to investors. Furthermore, our management and the Compensation Committee of the Board use the abovementioned non-GAAP financial measures to analyze and compare our underlying operating results and to determine payments of performance-based compensation. We have included a reconciliation of this information to the most comparable GAAP measures in the following reconciliation tables.
Reconciliation of Non-GAAP Financial Measure: After-Tax Return on Invested
Capital "ROIC"
The following tables reconcile the percentages of ROIC for the trailing four quarters ended November 19, 2011 and November 20, 2010.
A B A-B=C D C+D Trailing Four Fiscal Year Twelve Forty Twelve Weeks Quarters Ended Weeks Ended Weeks Ended Ended Ended August 27, November 20, August 27, November 19, November 19, (in thousands, except percentage) 2011 2010 2011 2011 2011 Net income $ 848,974 $ 172,076 $ 676,898 $ 191,125 $ 868,023 Adjustments: Interest expense 170,557 37,253 133,304 39,094 172,398 Rent expense 213,846 47,546 166,300 51,303 217,603 Tax effect(1) (138,554 ) (30,565 ) (107,989 ) (32,583 ) (140,572 ) After-tax return $ 1,094,823 $ 226,310 $ 868,513 $ 248,939 $ 1,117,452 Average debt(2) $ 3,211,046 Average deficit(3) (1,115,290 ) Rent x 6(4) 1,305,618 Average capital lease obligations(5) 84,662 Pre-tax invested capital $ 3,486,036 ROIC 32.1 % A B A-B=C D C+D Trailing Four Fiscal Year Twelve Forty Twelve Weeks Quarters Ended Weeks Ended Weeks Ended Ended Ended August 28, November 21, August 28, November 20, November 20, (in thousands, except percentage) 2010 2009 2010 2010 2010 Net income $ 738,311 $ 143,300 $ 595,011 $ 172,076 $ 767,087 Adjustments: Interest expense 158,909 36,340 122,569 37,253 159,822 Rent expense 195,632 44,397 151,235 47,546 198,781 Tax effect(1) (128,983 ) (28,953 ) (100,030 ) (30,345 ) (130,375 ) After-tax return $ 963,869 $ 195,084 $ 768,785 $ 226,530 $ 995,315 Average debt(2) $ 2,800,081 Average deficit(3) (584,704 ) Rent x 6(4) 1,192,686 Average capital lease obligations(5) 68,271 Pre-tax invested capital $ 3,476,334 ROIC 28.6 %
(1) The effective tax rate over the trailing four quarters ended November 19, 2011 and November 20, 2010 is 36.0% and 36.4%, respectively.
(2) Average debt is equal to the average of our debt measured as of the previous five quarters.
(3) Average equity is equal to the average of our stockholders' deficit measured as of the previous five quarters.
(4) Rent is multiplied by a factor of six to capitalize operating leases in the determination of pre-tax invested capital.
(5) Average capital lease obligations are equal to the average of our capital lease obligations measured as of the previous five quarters.
Reconciliation of Non-GAAP Financial Measure: Adjusted Debt to Earnings before Interest, Taxes, Depreciation, Rent and Share-Based Expense "EBITDAR" The following tables reconcile the ratio of adjusted debt to EBITDAR for the trailing four quarters ended November 19, 2011 and November 20, 2010.