Budd Bugatch - Raymond James & Associates

And on the upside?

Carol B. Tome

We should start to see leverage as soon as we hit a 0% comp.

Budd Bugatch - Raymond James & Associates

Okay. Secondly, the 12 net new stores, off of what base are we looking at? Because we still have YardBIRDS and EXPO and the store count, I’m just making sure I understand.

Carol B. Tome

Yeah, we have -- yeah, EXPO is still in there, so it’s just add 12 and subtract 34.

Budd Bugatch - Raymond James & Associates

Okay and the same for YardBIRDS too? I mean, it’s 12 net off of the --

Carol B. Tome

Yes, it’s 12 net off -- subtract from the 2,274 that we ended the year, subtract 41 and add 12.

Budd Bugatch - Raymond James & Associates

Got you. Okay, and finally on the CapEx, it’s about -- what, about $250,000 per store, if my math is right, right now excluding what you are going to spend on the supply chain? Is that number look like a number that will be constant over a couple of years?
Carol B. Tome

Well, there are a couple of things to remember. First, we did some catch-up spending that we don’t need to repeat in 2009. We also have a lot of expense dollars that we spend on just maintaining our stores. In fact, over $500 million of expense dollars go into maintaining our stores. So, if we look at what we are spending on a per square footage base, just maintaining the stores, it’s a little less than $3 a square foot and we feel pretty good about that.

Budd Bugatch - Raymond James & Associates

Okay. Thanks, Carol. Thank you very much.

Carol B. Tome

Thank you Budd.

Operator