Operator

Your next question comes from Christine Chen at Needham and Company.

Christine Chen - Needham and Company, LLC

Thank you. I wanted to explore a little bit more about I guess fashion risk. I know that over the last year, you have really expanded the number of brands that you have in the stores and some of these have done quite well for you. In this environment, will you continue to do so or will you try and stick with the tried and true brands? And then I have one other question.

Sally Frame Kasaks

I’m not sure I really want to refer to any of our brands as tried and true because within our space there’s always shifting going on so our merchants, as they review each brand at each collection, junior’s, young men’s, we really approach them to see what appears to be fitting best into our assortment so -- and you know, sometimes brands grow a little bit, sometimes they are not as strong, so that’s just the normal ebb and flow of things. It’s not a strategic decision to go or cut back somebody at this point. It really does depend on the collections they are presenting.

Christine Chen - Needham and Company, LLC

I guess to further explore that, it’s more -- are you still looking for up-and-coming brands?

Sally Frame Kasaks

Absolutely -- oh, absolutely. I mean, we are not -- look, we may have bought too much this year and I will take full responsibility, okay? On the other hand, I think we have done a very good job of managing some new brands, integrating them, they remain very sensitive -- don’t forget, we’re talking about being in the fashion business and I have to tell you, there’s enough trend out there -- there hasn’t been great new trend but there’s enough coming along and we have to keep moving. We have got to keep moving. We cannot lose contact with our customer.

Christine Chen - Needham and Company, LLC

Great, I like hearing that. And then I guess with respect to the distribution center, is there a contingency plan if for whatever reason the transaction doesn’t close?

Michael L. Henry

Yes, there is.

Christine Chen - Needham and Company, LLC

Okay. Thank you. Good luck for the holidays.

Operator

Your next question comes from Roxanne Meyer of UBS.

Roxanne Meyer – UBS

Great. Thank you. Most of my questions have been answered, just a really quick one -- what was the balance of your letters of credit at the end of the quarter?