We're very encouraged by the growth in digital sales. And while international sales still has a ways to go, there is a lot of upside.

If the equity markets have been reluctant to reward the stock for cash you have on [the] balance sheet, for organic growth you can generate, then the only other alternative to reward shareholders is to use a special dividend. They have [the] balance sheet to tolerate it.

The industry is doing remarkably well. It seems to be back from the ashes sooner than anyone anticipated. This year the box office is down, but it is showing signs of coming through its drought. There's a strong summer slate and a strong fall slate coming. Perhaps this year can be flat or maybe even ahead a little bit. Flat would be a victory.

We have now registered our fourth consecutive quarter of strong sales growth and our third consecutive quarter of higher earnings, excluding special items,

Sales growth should compare less favorably with peers. The brand has now reached a mature stage of development.

Notwithstanding these factors, we believe retail sales growth in the 7% range is quite reasonable given the increased attractiveness and availability of retail projects in Fort Bend and our relative prowess in the region as a retail destination.