And the reason the curve stays stubbornly high even now is because the Thames is still responding to the deferred outputs from that intense CAP period.
Even though the defense budget has grown dramatically over that period, necessary modernization of the armed services has been substantially deferred in favor of meeting the immediate requirements to fund combat and support operations and maintenance.
As compared to the year ago period, fourth quarter sales were positively impacted by the recognition of textbook rental sales deferred from the third quarter.