Subscribe to Run Philly Dog RunNews FeedSubscribe to Run Philly Dog RunComments

And this Washington Wizards all at the same time as his OBP dominance

Posted by admin  
Filed under Sports

And this shares washington wizards all at wizards investigates the same time as his OBP dominance.This of course means that he was by far the leader in OPS+ Best OPS+s of the 2000’s:1 268, Barry Bonds, 20022 263, Barry Bonds, 20043 259, Barry Bonds, 20014 231, Barry Bonds, 20035. 203, Sammy Sosa, 2001His AVERAGE OPS+ during the decade was almost 20% higher than the highest SINGLE-SEASON OPS+ of the next player. I could go on…and on…and on about how unbelievable Barry Bonds was during this decade, but here are his numbers in his absolute peak, 2001-2004: .349 BA, .559 OBP, .809 SLG, 256 OPS+, 611 PA per year.. - Posts loss per share of ($0.20) -LAKE OSWEGO, Ore., Jan. 9 /PRNewswire-FirstCall/ -- The GreenbrierCompanies (NYSE: GBX) today reported results for its fiscal first quarterended November 30, 2008.Financial SummaryFiscal First Quarter Results:*Revenues for the first quarter were $256 million, down $30 million versus the prior year's first quarter.*Net loss for the quarter was $3.3 million, or $.20 per diluted share, compared to net earnings of $2.6 million, or $.16 per diluted share, in the prior year's first quarter.*Results for the first quarter of 2009 included a non-cash charge to "interest and foreign exchange expense" of $1.2 million pre-tax, $.6 million after-tax, or $.04 per diluted share.*EBITDA for the quarter was $12.5 million, or 4.9% of revenues, compared to $24.5 million, or 8.6% of revenues in the first quarter of 2008.*Selling and administrative costs were $16.0 million for the quarter, or 6.2% of revenues, versus $20.2 million or 7.0% or revenues for the same quarter last year.Liquidity:*The Company had approximately $98 million of committed additional borrowing capacity and $19 million of cash as of November 30, 2008.*Borrowings outstanding as of January 8, 2009 on the Company's revolving credit facilities are approximately $106 million, a reduction of $40 million from November 30, 2008; cash balances remain substantially unchanged. This reduction in borrowings increases current committed additional borrowing capacity to approximately $138 million.*The quarterly dividend has been reduced to $.04 per share.Deliveries and Backlog:*New railcar deliveries in the first quarter of 2009 were approximately 800 units, compared to 1,900 units in the first quarter of 2008.*Greenbrier's new railcar manufacturing backlog as of November 30, 2008 was 15,900 units valued at $1.39 billion, compared to 16,200 units valued at $1 Washington Wizards - washingtonwizards .44 billion as of August 31, 2008.Based on current production plans, approximately 2,900 railcar units included in backlog are scheduled for delivery in fiscal 2009.*Marine backlog as of November 30, 2008 was $190 million, compared to $200 million as of August 31, 2008.Subsequent events:*Following the close of the quarter, the Company delivered its first tank cars to GE Railcar Services for the North American market.First Quarter Results:Total revenues for the first quarter of fiscal 2009 were $256.1 million,down from $286.4 million in the prior year's first quarter. Margin for thequarter was 7.0% of revenues compared to 12.5% of revenues in the priorcomparable period.EBITDA was $12.5 million or 4.9% of revenues for thequarter, compared to $24.5 million or 8.6% of revenues in the prior year'sfirst quarter.Net loss for the first quarter of fiscal 2009 was $3.3 million, or $.20per diluted share, compared to net earnings of $2.6 million, or $.16 perdiluted share, in the prior year's first quarter.

The Company enters intocurrency hedge contracts to manage fluctuations in foreign currencies andprotect margins on foreign currency sales in Europe.Although all the hedgesare economically effective, during the quarter certain hedge contracts did notmeet the requirements to be designated for hedge accounting treatment underGenerally Accepted Accounting Principles.As such, the mark to market ofthese hedge contracts resulted in a non-cash charge to "interest and foreignexchange" of $1.2 million pre-tax, $.6 million after-tax, or $.04 per share.Effective in January, the Company intends to utilize hedge accounting for allof its hedge contracts.Revenues from the Company's Refurbishment & Parts, Leasing & Services, andMarine manufacturing businesses accounted for 68% of total revenues for thequarter ended November 30, 2008, compared to 49% of revenues for the quarterended November 30, 2007 washington post wizards . The balance of revenues for each year was from newrailcar manufacturing in North America and Europe.This ongoing shift inrevenue mix is principally due to the Company's strategic diversificationefforts completed over the past several years.William A basketball . Furman, president and chief executive officer, said, "Ourresults for the quarter reflect the difficult economic environment in which wecurrently operate.The less cyclical parts of our business, includingRefurbishment & Parts, Leasing & Services, and Marine manufacturing, alongwith our European operations, have helped to dampen the effect of thedownturn.However, the adverse impacts of weak railcar loadings, surplusrailcars, and deferments in capital spending by our customers, along withresultant downward pricing pressures, affected all our business during thequarter wizards schedule Wizards tickets . Dramatic recent reductions in commodity prices, which are expected tohave a positive impact in the long run, adversely affected our Refurbishment &Parts segment during the quarter."Revenue for the Refurbishment & Parts segment during the first quarter was$132.3 million, compared to $103.9 million in the first quarter of 2008.Thissegment consists of railcar repair and refurbishment, wheels services, andrailcar parts from 39 locations in North America.The segment generated 52%of total Company revenues during the period, as revenue increased $28.4million, or 27%, over the same period of last year basketball ticket washington wizard . Most of this growth wasfrom American Allied Railway Equipment Company (two wheel shops and one partslocation) and Roller Bearings, Inc, (one parts location), both of which wereacquired by Greenbrier in the second half of 2008.This increase was offsetsomewhat by lower scrap proceeds, which also contributed to lower segmentmargin this quarter.Gross margin for the Refurbishment & Parts segment was 9.8% of revenues,as compared to 15.3% of revenues in the prior comparable period. The grossmargin decline was primarily due to a less favorable mix of repair andrefurbishment work, and lower scrap proceeds.Recently, scrap prices havebegun to strengthen from levels realized in the first quarter.For the Manufacturing segment, revenue for the first quarter was $102.7million, compared to $159.2 million in the first quarter of 2008. New railcardeliveries during the first quarter were 800 units, down from 1,900 units inthe same period last year, while the current period includes a product mixwith higher per unit sale prices.Manufacturing gross margin for the first quarter was negative 4.1%,compared to positive 5.4% of revenues in the first quarter of 2008.Manufacturing gross margin continued to be adversely affected by lowerproduction rates due to ongoing weak market demand, as well as a lessfavorable product mix, and higher cost materials purchased earlier in theyear.In fiscal 2008, the Company accrued loss reserves for certain railcarsin backlog, where the anticipated cost to produce the railcars exceeded thesales price.These 2008 reserves were adjusted by $0.5 million in the firstquarter, based on current expectations.The Leasing & Services segment includes results from the Company's ownedlease fleet of approximately 9,000 railcars and from fleet management servicesprovided for approximately 137,000 railcars.Revenue for this segment was$21.1 million, compared to $23.3 million in the same quarter last year.Leasing & Services gross margin for the quarter was 43.6% of revenue, comparedto 48.8% of revenue in the same quarter last year.The revenue and grossmargin decrease was principally due to lower lease fleet utilization and lowergains on sale of railcars from the lease fleet.Selling and administrative costs were $16.0 million for the quarter, or6.2% of revenues, versus $20.2 million or 7.0% of revenues for the samequarter last year.The decline is principally due to cost reductioninitiatives, as well as a reversal of $1.3 million in certain reserves.Plan to Improve Liquidity, Optimize Cost Structure and Reduce CapexFurman continued, "Even though visibility remains limited in our markets,particularly in new railcar manufacturing, we anticipate achieving economicbenefits from both external factors and internal measures during the rest ofthe year.Lower input costs and a more favorable product mix should helpimprove overall gross margins in the months ahead.Internal measures includeour decision to further optimize our cost structure, improve our workingcapital utilization and rationalize plant utilization.Given current marketconditions, we believe it is prudent to reduce the quarterly dividend to $.04per share, from the current $.08 per share.Together, these measures shouldhelp stabilize our EBITDA margin and cash flow, reduce debt levels andincrease liquidity.We will continue to manage the Company for cash flow, andlimit discretionary capital expenditures and other costs which can beavoided."Business OutlookFurman added, "We believe fiscal 2009 will be a challenging year for theentire rail industry.New railcar demand industrywide is soft and forecastedto remain so for the balance of calendar 2009 and into 2010.Normal for thisphase of the business cycle, some customers are seeking price concessions,and/or are reevaluating their need for railcars that have already beenordered.Nevertheless, we believe our railcar sales contracts are sound andprovide adequate protection in the event of attempted cancellation orrenegotiation.Similarly, we are seeking concessions from our suppliers."Furman continued, "The initiatives we have taken over the last three yearsto improve our competitive positioning, enhance our integrated business model,and diversify our revenue and earnings base into higher margin businesses, areproving to be the correct actions.The steps we have taken are expected tocontinue to stabilize our overall business through the current economicdownturn, while providing a strong platform for growth when the economyrecovers."Furman concluded, "We continue to be optimistic about the long termfundamentals of the railroad industry and especially our enhanced competitiveposition within the industry.In the near term, however, we will continue toscale our operations to reflect the current economic environment.To thisend, we will control those things we can, which include adjusting andrationalizing production, reducing overhead and general administrative costsand capital expenditures, improving our balance sheet, and managing theCompany for cash.The railroad supply industry has always been cyclical, andwe are well prepared to survive this down cycle.

As the economy and oursegment recover we expect Greenbrier will outperform, due in part to ourintegrated business model."Mark Rittenbaum, executive vice president and chief financial officer,said, "In addition to managing our operations, we are also focused onimproving our liquidity, managing the Company for cash, paying down debt, andprudently employing invested capital.Current borrowings outstanding on ourrevolving credit facilities are approximately $106 million, a reduction of $40million from November 30, 2008.Our current cash balances remain at about $19million.This reduction in borrowings increases our current committedadditional borrowing capacity to approximately $138 million Washington Wizards ."Rittenbaum continued, "We are implementing more aggressive working capitalmanagement programs, with the goal of improving working capital utilization by$50 million by the end of the fiscal year.We also intend to reduce overheadand general and administrative costs in 2009 by at least $5 million on anannualized basis.This is in addition to $10 million in annualized costreductions realized in 2008 . Finally, we plan to limit our net capitalexpenditures for 2009 to no more than $40 million, as compared to $63 millionin 2008 Washington Wizards tickets - nba ."Rittenbaum concluded, "We believe we have sufficient liquidity to meet ourbusiness needs and little exposure to near term debt rollovers, with only ourEuropean lines of credit aggregating $32 million maturing this year.Our $290million revolving line of credit for North American operations matures inNovember 2011, and the first potential maturity date of any significantamounts of our notes payable is May 2013 Washington Wizards tickets ."About Greenbrier CompaniesGreenbrier (), headquartered in Lake Oswego, Oregon, isa leading supplier of transportation equipment and services to the railroadindustry wizards basketball . The Company builds new railroad freight cars in its threemanufacturing facilities in the U Wizards tickets - nba .S and Mexico and marine barges at its U.S.facility wizard basketball ticket . It also repairs and refurbishes freight cars and provides wheels andrailcar parts at 39 locations across North America .

The GW2350 is suited for harsh and severe environments with an extendedoperating temperature of -40 to +85°C. Wind River platforms arepre-integrated, fully standardized, enterprise-wide development solutions. Crennel spent 2001-2004 as defensive coordinator for Belichick with the Patriots. He had been a coordinator with the Kansas City Chiefs for three years before joining the Steelers nba.com - wizards .At his introductory press conference, Cowher stated that if he lasted three years, he could go to his 20th high school reunion as the head coach of the team he grew up rooting for.Cowher lasted longer than three years, becoming one of the most successful coaches in the history of the NFL Cowher's record was 149-90-1.

She talked about Lamar’s love for the game, the Super Bowl in particular.It was at this time that I realized the presence I was in, standing within 20 feet of the people that have helped mold the game into what it is today wizards.com . CNBC reported on its website that the Obama administration'sbailout plan would include a new form of "bad bank" combiningpublic and private funds. There are a number of young, talented Indian players who have put on good shows in the domestic circuits Wizards . Allstatements, other than statements of historical facts, included in this pressrelease that address activities, events or developments that the companyexpects, believes or anticipates will or may occur in the future areforward-looking statements. For me it’s just a matter of staying on the task at hand It’s about me, my training and my opponent.