So those are the overall goals. They were dependent on -- and there was a couple of assumptions that were included in there or a revenue growth expectation over the 3 years before 2015 and including 2015 of 4.5% to 6.5% revenue growth run rate. Which if you look at overall global demand and global spend, especially back in November. That was roughly around mid-single digits where IT demand was forecasted by the IDC as the gardeners of the world. And we did expect a gross margin level of 5.4% to 5.65%. Overall, we were -- when we set those targets for gross margin, which kind of built into our overall operating margin, we're coming off of what I would say a gross margin low for us in the third quarter of 2011 of about 4.95%. So that impacted some of our target setting at that point in time. Since then, we've made some great progress on that.Now overall, so those are our overall targets. I would imagine the next question would be what are your key drivers there.
Ingram Micro Inc. Presents At Barclays Capital Global Technology, Media And Telecommunications Conference, May-23-2012 01:45 PM
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.