Thank you, Chris. Good morning, everyone and welcome to our third quarter conference call. On the call today are Blake Krueger, our CEO and President; and Steve Gulis, our EVP and CFO. Earlier this morning, we announced record third quarter revenue and earnings per share results. If you did not yet receive a copy of the press release, please call Libby Nienhuis at 616-233-0500 to have one sent to you. The release is also available on many news sites or it can be viewed from our corporate website at www.WolverineWorldWide.com. Before I turn the call over to Blake Krueger to comment on our results, I'd like to remind you that the predictions and projections made in today's conference call regarding Wolverine World Wide and its operations may be considered forward-looking statements by securities laws. As a result, we must caution you that as with any prediction or projection, there are a number of factors that could cause results to differ materially. These important risk factors are identified in the company's SEC filings and also in our press releases. With that being said, I would now like to turn the call over to Blake.

Good morning and thanks for joining us today. I am pleased to report both record revenue and earnings for our third quarter 2007. This marks our 21st consecutive quarter of record revenue and earnings per share. Revenue for the quarter of $310.2 million increased from the prior year by 3.8%, and earnings per share of $0.54 were up over 17% from last year's $0.44. Partially offsetting strong growth in our core branded businesses was a revenue reduction of over $15 million due to the continued transition out of our lower margin businesses and lower leather demand. Our global business model is strong, and we again achieved record results while continuing to invest in our growth opportunity. The Outdoor Group was the most significant contributor to the Q3 revenue increase, with strong Merrell and Sebago shipments, coupled with another quarter of Patagonia footwear sales contributing to a strong double digit increase. The Hush Puppies business was up low single-digits in the quarter while the Heritage Brands Group posted flat results. Although the Wolverine brand business was solidly above last year, revenue for the Wolverine Footwear Group declined as expected in the quarter due to planned decreases in the military contract, Stanley, and private label businesses. I am very pleased with our third quarter results and the momentum in the business, despite a challenging retail environment. As a result, we are increasing our earnings per share estimate for the year to a range of $1.63 to $1.65. I would like to begin my operations review with the Hush Puppies company, which achieved increases in both revenue and earnings for the quarter. During the quarter, revenue increased in the Hush Puppies U.S. International and European operations. These gains were partially offset by the previously reported decreases for Hush Puppies slippers, a low margin…

Thank you, Blake and good morning, everyone. We are very pleased to announce record revenue and earnings per share for the third quarter of 2007, with revenue increasing 3.8% and earnings per share increasing 17.4%. The Hush Puppies Company, Outdoor Group, and Heritage Brands Group all contributed to the record performance in the quarter. While the Wolverine Footwear Group's operating results were impacted by the phase out of several footwear initiatives, the Wolverine brand posted solid improvements in both revenue and operating earnings. We were pleased with the balanced results which were generated in the quarter. Combined with our first half results, year-to-date revenue has increased 5.2% and earnings per share have increased 15.2%. Revenue of $310.2 million was reported for the third quarter of 2007, which is an increase of $11.3 million over the $298.9 million reported in the third quarter of 2006. Operations which we are phasing out of -- private label, Hush Puppies slippers, Stanley, and certain military contracts -- and the previously announced softness in our leather business had a 6.5% impact on our revenue growth in the quarter. Revenue generated from new initiatives, Merrell and Wolverine apparel and Patagonia footwear, contributed 2.7% to our growth. These combined changes were in line with the forecast communicated during our second quarter 2007 conference call, as we estimated a 4% negative impact to our revenue growth for these items. Foreign exchange gains contributed 2.1% to our third quarter, while revenue in our core operations increased by 5.5% on a constant dollar basis during the quarter. Reported gross margin of 40.3% in the third quarter of 2007 is a 100 basis point improvement over the 39.3% reported in the third quarter of 2006. Improved business mix -- 120 basis points -- and foreign currency gains in our international wholesale…

Thanks, Steve. We're pleased to have a achieved our 21st consecutive quarter of record revenue and earnings per share. Our brands are marketed in approximately 180 countries around the world and this geographic spread, coupled with our diverse brand portfolio, underlines our strong business model. We have positive momentum in the business with the ability to invest in new growth initiatives, while delivering a consistent return to our shareholders. We'll now turn the call back to the operator so we can take your questions.

Your first question comes from Robert Drbul - Lehman Brothers.

First, with the early learnings on the Merrell apparel, how quickly can you make the adjustments on the three challenges that you see? When you consider the longer-term potential, do you still believe that the numbers are out there for that one? The second question is, when you look at the fourth quarter, can you just talk a little bit about your reorder assumptions?

First on Merrell apparel, frankly we're as enthusiastic as we've ever been about this initiative. We have strong demand across the globe for that product. It's seen as a cornerstone from taking the current level of maybe 36 Merrell stores up to the current Hush Puppies level of 385 stores. Some of the lessons we've learned this fall, obviously, are going to take a little while to be fully implemented. We have tweaked the spring/summer '08 line and we've made more changes in the fall '08 line, but the full effect of our changes frankly won't be seen until the spring '09 line; just inherently the nature of the business. The spring '08 line was basically put to bed before the Fall '07 line even hit the stores, so we're looking at a two to three season ramp-up here to shift our direction a little bit and full implementation to be really in the spring '09 line, which will deliver late next year.

The second question on the reorder activities for the fourth quarter, as our business cycles are always first and third quarter are more futures-driven with the second and fourth quarters being more at-once-driven. Given the retail climate out there, it's been very erratic; it's very hard to get strong reads on what's going on out there. But if you looked at the industry data on a year-to-date basis, the overall footwear consumption is slightly down and so we have been relatively conservative and are anticipating reorders to be relatively flat with prior year levels for the fourth quarter.

Your next question comes from John Shanley - Susquehanna Financial Group. John Shanley - Susquehanna Financial Group: Blake, I wonder if you could give us a little bit more insight into what's really driving Merrell brand growth both in terms of the double-digit sales and double-digit forward orders? Is it new accounts contributing to this in both Europe and the U.S. or is it basically better penetration of existing accounts?

John, there are obviously always new accounts for Merrell, and they have a very disciplined approach to their distribution strategy which has served them quite well. I would say primarily though it is the additional penetration of existing accounts, I had one account tell me in the last quarter that “every time we do a style out and we set the Merrell shoe up against all of the competitors, we keep coming back to Merrell”. They're finding it difficult to limit the line in their stores. I would say underlying everything is a very, very strong management and product development team. As you know, John, that's a very deep team over there and it's a fanatical focus on product. John Shanley - Susquehanna Financial Group: Are you getting more SKUs into some of your major retail accounts, be it the REIs or some of your major European accounts, or is it basically just expanding what you're already doing in those accounts? I'm just trying to get an idea of whether you're just getting more shelf space.

We're taking shelf space from the competition; we're getting more SKUs in. John Shanley - Susquehanna Financial Group: Super, that’s good to hear. For the spring '09 Merrell apparel product line, are you basically going back to the drawing boards and relaunch the line in terms of the type of focus that's going to be in the offerings so that it's more in sync with the footwear? Does that also entail bringing in the additional merchandising talent to aid you in that effort?

We've made some changes to the spring '08 season and the fall '08 line, John. We're going to be making more changes to the spring '09 line. As you know, we have within the last quarter hired a general manager from Merrell Apparel from Nike. We're about to hire some additional senior management talent in that group, so you will see an improvement along the three items that I've stated for this coming year. We are not retrenching. There is strong demand; $7.5 million in sales in this environment in the first season is not bad. Frankly, we looked at buying a number of outdoor apparel companies that didn't even have $7.5 million in sales for an entire year, and had been in business for many, many years. So in that respect, it's a little bit below our expectations but not a bad launch. So we're focusing on changing what we can change here the next two seasons and lining up closer to the footwear. John Shanley - Susquehanna Financial Group: That's great to hear. Lastly, I wonder if you could give us some more of an update on Hush Puppies brand penetration of the upper-tier department stores in the U.S.? Is it meeting your expectations? Do you see further growth opportunity for the brand with some of the major department store accounts that the brand services?

I think we're focused on additional department stores for the Hush Puppies brand but we're really focused on expanding our shelf space in the good stores we're already in. We would rather have a real presence in a store than an item here and an item there so that's been the focus. There's been a pretty strong positive feeling about the Harmony line, for example, that is resonating with well with consumers and retailers both this fall and especially for this coming spring, so we feel good about where the brand is heading here in the United States. Obviously in our opinion, there's a lot more room for increased sales here in the United States market. John Shanley - Susquehanna Financial Group: Has the Hush Puppies brand been able to achieve higher ASPs as it goes into the department stores?

As you know, John, they've been taking their average selling price up on a pretty steady basis over the last three years and that's what a lot of the better grade retailers wanted. They would prefer to sell some shoes that have a little special appeal and a little bit higher retail price. John Shanley - Susquehanna Financial Group: But also a higher margin for the brand?

Obviously.

John, the better product at higher prices and better margins is driving the operating improvements that you're seeing in the U.S. model.

Your next question comes from Jim Duffy - Thomas Weisel Partners. Jim Duffy - Thomas Weisel Partners: I was wondering if you could provide your views on the inventory levels that you are seeing at retail? You mentioned that it's somewhat of an erratic environment out there. Any help you can provide on perspective into the inventory levels would be helpful.

Domestically, it's been pretty erratic for over a year; a very warm last winter season, but then bitterly cold and that helps clear out some winter inventories. What we're seeing right now is that inventories appear to be pretty much in line. I think retailers are very cautious; a little bit cautious. The FDRA comp store numbers for the United States have bounced up and down all year and we're currently a little bit in a down cycle there, as you know. So retailers are a little bit cautious but really inventories seem to be pretty much in line. They've had a little bit of a cautious attitude for most of this year. Jim Duffy - Thomas Weisel Partners: You guys have done a great job of keeping your inventories clean. To what extent does the phase out of your slipper business and some of these other lower-margin categories that you're de-emphasizing contribute to that?

It does have some impact on it, Jim, but I would tell you that if you took a look at our core businesses, we're seeing nice improvements there too so I don't want to say that it has not contributed to it, but I would tell you maybe a percentage point or two it has improved us. At year-end where we get through the majority of this cycle, the significant inventory improvements that we've been making throughout the year are going to be attributed to ongoing businesses, not on the phase outs. Jim Duffy - Thomas Weisel Partners: Blake, a question for you. There was a bit of a disconnect between what you said about the Cat business momentum in international markets and then the results that you spoke about in Q3. Can you provide a little more color around that, please?

I would say first of all, that the Cat business in our international markets frankly has been on fire all year and big significant increases in virtually every market around the world. That's a distributor business. We own our operations obviously in Europe, Canada and the United States. The United States had a strong double-digit increase this quarter. Europe was off a bit this quarter. We really think some of that was attributable to the boot trends going on in Europe right now that we are swimming up stream a little bit like a number of other brands in that arena. I would also say our Cat International business tends to be more rugged, casual-inspired footwear -- a substantial majority -- as opposed to a boot business, probably the European business is a little bit more focused on boots. So that's just a snapshot of what's happening around the world in Cat. Our pairage increase in Caterpillar this year will be up significantly.

Your next question comes from Mitch Kummetz - Robert Baird. Mitch Kummetz - Robert W Baird : Steve, you mentioned that businesses and trends plus leather hurt the revenue by about 3%, and the new business initiatives helped by about 2%, which would be a net impact of about negative 4%, I think you had said. What is that for the year as a whole? And then remind me what you said about '08, the impact of those two factors on '08? Because again, some of these phase outs, or the base military normalizes and then the slippers, you've exited that business by the end of the year. How much of a positive impact is that on a net basis in '08?

If you take a look at what we said at the end of the second quarter, Mitch, we said that overall, the back half of the year was going to have a negative 4% impact and we were very close to that in the third quarter. For the full year, you probably are going to have, I want to say a $10 M to $15 million negative impact with a majority of it in the back half of the year, because if you remember the cycles of the Hush Puppies slipper business and private label, those are primarily back half businesses so you're seeing more impact in the back half of the year from that. On a go-forward basis, we anticipate about $12 million worth of additional revenue reductions from those initiative s with the military contract business being relatively flat. I would tell you the increases in our new initiatives would be equal to that reduction or slightly higher than that, so the overall impact would be fairly neutral on '08 and that's why I said the comment in my prepared remarks being that the mid single-digit revenue increase would be driven from core operations. Mitch Kummetz - Robert W Baird : Secondly on the backlog, up more than 11%, that's a nice increase from where it was in Q2. I think Blake, you mentioned in your comments that a portion of that is going to hit in Q1. Should I assume that the pick up in backlog going from Q2 to Q3 is primarily driven by strong spring orders? Is that the case?

I would think, which is really our normal timing, but that's correct. It would be primarily spring orders, some pull-ahead product where people want the products early. On our backlog, there's probably one-third of our backlog in Q4 and a couple of thirds in the Q1 and that would be probably normal for us. Mitch Kummetz - Robert W Baird : Is some of that pick up in spring a function of the net impact of these businesses or the new businesses and businesses in transition or is it more just it more represents good orders on core business?

It really represents just solid orders across our brand portfolio. Frankly, if you took our businesses in transition and even excluded Merrell apparel and Patagonia and had an apples-to-apples basis on our backlog, our backlog would be even a little higher. Mitch Kummetz - Robert W Baird : Lastly, a question for Steve on the margins for the balance of this year. I'm having a hard time understanding margins through the first nine months, gross margin up 50, SG&A down 10. I'm especially having a hard time understanding how SG&A will be up 40 to 60 for the year even if you are spending on marketing and brand building. How much spending is taking place there and where is that focused?

I think there's going to be a few areas. It's going to be on some of the new developments with Patagonia and apparel but the other initiatives too is we've got some new retail stores coming online which drive our SG&A without a lot of sales revenue in it because you have the fixed costs associated with those stores out of the box so that's part of the impact on that also.

We'll go next to Kate McShane - Citigroup. Kate McShane - Citigroup: I notice that we're starting to lap the EU tariff, finally, it's been in now for a year. Has there been any change in assessment about the possible renewal of this tariff, which I guess won't happen now for another 12 months; but has there been any political shift that you're aware of?

From the very beginning we hope for the best and planned for the worst. We've tried to develop our sourcing strategy and stayed flexible in that regard. Right now we're planning on this thing being a forever type arrangement and maybe we'll get lucky and it won't be but right now, that's our attitude and how we're approaching sourcing, how we're approaching engineering our product and bringing it into Europe.

It comes down to the pretty basic fact, Kate, that it's a big revenue producer for the EU today and how are they going to replace that revenue with what type of tax base? As long as they have one in place that's producing it, the likelihood of them eliminating it, we think, is fairly unlikely. So as Blake said, it would be great if it did but we're not planning on it. Kate McShane - Citigroup: Has any of your sourcing actually changed or have you seen any kind of shift in your sourcing or is that a much longer-term plan?

Well, it takes a little bit; you don't shift out of Southern China immediately. There's no doubt that a lot of shoes, about 85 % here in the United States, are continuing to come out of China for awhile. Europe for us, it's a growing market, about 20% of our sales now from 3% to 4% just several years ago. We're able to stay flexible enough whether it's India and whether it's a number of other countries in the Far East to combat some of that duty.

Your next question comes from Scott Krasik - CL King. Scott Krasik - CL King: On the backlog of 11% on a same currency basis, what is that?

On a same currency basis, it might be down slightly but I would tell you it probably would still be double-digits, Scott. Scott Krasik - CL King: So maybe a 15% to 20% impact?

Maybe a little bit less than that. Scott Krasik - CL King: And then on Hush Puppies, just trying to look at next year; it's a little bit difficult, but using the mid points of the revenue guidance range, clearly most of the increase is going to be coming from the Outdoor segment. Are you modeling continued declines in the soft style Hush Puppies business?

Actually, Scott we recently hired a general manager for that soft style business and our updated styling in that line has seen some pretty positive reaction. There is a need for that product here in the U.S. marketplace and we don't view that as a transition type business. We view that in its own right as a small growth vehicle for us. Scott Krasik - CL King: So in '08 that should be growing?

It should be growing a little bit. Scott Krasik - CL King: Lastly, you did mention that you're committing to more retail stores. Can you give us an update exactly where you are with Track 'n Trail and Merrell and Hush Puppies outlets and what the plans are on a go forward basis?

Frankly, we've got our outlet stores which like everybody's this year, with the heavy promotions in department stores and in the malls, have experienced some lower traffic counts. It's been a little bit of a challenging comp store environment. Our Track 'n Trail stores, we are at about 17 stores now. One of our newest stores is out in Bridgewater in New Jersey. That continues to show positive comp store gains this year; year-to-date, it's in the mid to upper single-digit range for Track N Trail. Merrell Footwear is about 50% of all footwear sales in the store and they are carrying a good selection is of apparel, especially Merrell apparel. The new store in Bridgewater is about a little over 50% footwear and about 45% apparel at this point so we feel very good about Track 'n Trail. We also feel, of course, very good about our ecommerce business which has been up strong double-digits every year for the last four years and that's having a real positive revenue gain this year as well. We plan to focus on our concept stores. As you know we're opening our first North American company-owned store in Whistler, home of the Olympics in 2010 and we're excited about that. Scott Krasik - CL King: Track 'n Trail you'll open in '08?

Yes, we'll open a handful of Track ‘n Trail in '08. We probably will shift our emphasis a little bit to Merrell stores. Scott Krasik - CL King: Lastly on Patagonia, you didn't give a dollar number there for the quarter year-to-date. Has that really met/missed/exceeded your expectations? I know some of your core independent Merrell dealers passed on in the first year, so what is your thinking there?

As you know, any new brand in just about any new category can be tough to get a lot of shelf space the first season. We're very pleased with Patagonia the first year here. What we've learned especially in our 17 Track 'n Trail stores is it is not cannibalizing Merrell at all. The footwear line has its own unique branding and presence and look. It's priced about 15% to 20% higher than Merrell. We expect this year for the first full year to be, I don't know, around $12 million, $12 million to $13 million in sales for Patagonia. We've been especially pleased just recently with some large reorders, strong reorders on some of the product that was placed this fall and it's also come from some of our better outdoor specialty shops and distribution.

Your next question comes from Todd Slater - Lazard Capital. Todd Slater - Lazard Capital Markets: With one-third of the backlog increase likely to benefit the fourth quarter, do you expect any revenue acceleration from 3Q or do revenues still get impacted by the exit of the private label and Stanley business?

No, there will still be impact, Todd, from the private label, Stanley businesses, the military contract business in the fourth quarter so you will still see some of that. Again it goes back to traditionally, the slipper business and the private label business were very back half weighted. Todd Slater - Lazard Capital Markets: So if we see conservative reorder business in the fourth quarter, then you should see similar types of revenue growth as the third quarter?

Based on our guidance at the low end of our range, I think you'd see a slight pick up in overall revenue levels in Q4 versus Q3. Todd Slater - Lazard Capital Markets: Europe, you said 20% of sales now. Could you just talk about the total international penetration and what mix you think this could go to?

I think overall on a year-to-year basis we felt that our international portfolio is continuing to drive faster operating earnings growth than what our domestic operations are. Longer term, we'll be over that 50/50 and we'll probably have 60/40 type mix with international profits being higher than our domestic profits. On the revenue side, we still have a lot of our international revenues coming from distributor and licensing operations, so they will be in that 35% to 40% range with the domestic operations being the balance. Todd Slater - Lazard Capital Markets: Just trying to focus on fourth quarter gross margins, since you're coming up against the toughest comparison in a long time. What's your sense of your ability to sustain the level of gross margin improvement you've seen so far this year?

We're pretty comfortable with it right now. Our product cost is pretty much locked in, so we should know what our product cost is. One thing I really like, Todd, is that our inventories being down 3.4% at the end of the third quarter give me a comfort level that we feel that we own the right inventories and core product so that there should not be any unusual markdown susceptibility to the inventories that we own. We're not heavy into any seasonal product where if it doesn't sell, we have issues. So we feel pretty good with where our inventory levels are at and we know what our product cost is, so we should be in pretty good shape. Todd Slater - Lazard Capital Markets: Maybe you could touch on the forex benefit you saw on the revenue side or margin side?

I think that's part of the reason for our Q4 confidence in gross margins. We go and buy forward contracts so we have been locked into what our product cost is, so there will be some FX improvement in Q4, and that gives us that comfort level on the gross margin side. Our year-to-date revenue impact of FX is very close to what the Q3 was, around 2%, so we would anticipate that to be similar in the fourth quarter. Todd Slater - Lazard Capital Markets: What was the forex impact in Q3 on the gross margin line?

I think it was 80 basis points is what I had commented. Todd Slater - Lazard Capital Markets: Lastly, just the factors owing to the 8% increase in the accounts receivable?

Well, I think that is just basically timing of shipments, so we feel when our DSOs are at 57 days which is really the best we've been in at least the last 20 years when I've been in the business. Your receivables can reflect the timing, and most of our releases really happened late, the back half of August and into September and our quarter ended the eighth or so of September. So it's just the timing of shipments and collectability.

Your next question comes from Elizabeth Montgomery - Cowen. Elizabeth Montgomery - Cowen: Blake or Steve, did you guys give a specific dollar number that you feel Patagonia and Merrell need to get to before they achieve your operating margin targets?

No, we haven't, Beth, and I think the key there is it's not too dissimilar to our European initiatives back in 2001 and 2002 where we took those on. Sometimes we get the sense that everybody is looking for this point in time where apparel and Patagonia are just going to take off and change the overall dynamics of our business. I think everybody should look for gradual improvements in those businesses and that four to five years from now, our overall operating margins in both of those businesses should be comparable, if not a little bit better, than our current corporate averages. I don't think there's an inflection point out there where all of a sudden, it's going to take off. That's really what happened in Cat Europe and Merrell Europe and that's why we look at this as a longer-term initiative. To sum up the conversation that Blake had earlier related to the Merrell opportunity with apparel, we still feel that Merrell can be our first billion-dollar brand and in order to do that, apparel has to be a significant portion of that. When I say significant, I'm talking 20% to 25% of that. So to really maximize what Merrell can be as a lifestyle brand, that apparel initiative is important but it's not an overnight or a one or two-year initiative. I mean, we've just shipped product for two months now. So, I'm just trying to make sure everybody understands how we're viewing it. Elizabeth Montgomery - Cowen: In relation to the billion-dollar brand opportunity for Merrell, when you guys first started thinking about opening Merrell stores, you were working with a partner and using the same model that you've used for Hush Puppies in some of those international markets. It sounds like the store in Whistler and the concept stores are going to be done yourself, I take it?

Yes. I think in the U.S. market, there will be a mixture of concept stores that are done, company-owned, and as appropriate with some of the key and better-operated independents with some franchise stores with them. Internationally, the focus will be on our distributor network in over 100 countries for Merrell and as you know, a lot of those distributors in their particular markets are as much retailers as they are wholesalers. Elizabeth Montgomery - Cowen: Have you guys ever thought of doing the same thing with Hush Puppies in the U.S. maybe to just jump start that business a bit more, since it seems to be doing so well in international markets?

Yes, in fact we're looking at several locations now to open one or several Hush Puppies stores next year in the U.S. market to really coincide with Hush Puppies 50th birthday celebration. Hush Puppies is a brand that will be 50 years old next year. Elizabeth Montgomery - Cowen: That's exciting. My last question, I apologize if I just missed this, but the scaling back of the Stanley, is that just scaling it back and right sizing that, or are you guys leaving that license in June 08?

I think we're planning on leaving that license. We took Stanley as kind of a niche business which is focused on a single lower-tier retailer. It's become a business that we frankly can't scale to meet our longer-term profit requirements. It's never amounted to more than 1% or 1.5% or something of our overall sales, so it's just a business we've decided to transition out of. Elizabeth Montgomery - Cowen: Was that the one that was in Payless?

Yes.

Your next question comes from Jim Duffy - Thomas Weisel Partners. Jim Duffy - Thomas Weisel Partners: The 11.5% operating margin target for '08 has been in place for some time. You guys have a board meeting coming up in the next week or so. Will we get an updated multi-year plan from you at some point soon? Is that your thought process?

Jim, I don't know if I'm that bright. I'm not of faint heart, but giving you guys a detailed multi-year plan may not be in the cards; but obviously we've got a board retreat. We do it every other year, coming up. We're doing this year's in China, and we're going to be focusing on our long-term strategic goals and opportunities.

Jim, I think your point is right. We have had 2008 out think for awhile. Internally we've been focusing in on a number a little bit higher than that over the last 12 months, I would say. But if you took our current business mix and you looked at what are the potential margin improvements out there -- and this is a theoretical of everything is hitting well -- you might be in that 13.5%, 14% operating margin level. At this point in time, I think it would be remiss to say get up in the 15% range because I don't know; our mix of business is a little different than some others out there. That's the type of longer term opportunity that does exist, so I think that management would agree with maybe the premise of your comment that there is further expansion available out there. I think it will be at a relatively graduated pace but there is further opportunity there.

At this time, there are no further questions. I would now like to turn the call over to Ms. Christi Cowdin. Ms. Cowdin, you may proceed. Christi Cowdin: Thank you. On behalf of Wolverine World Wide, I would like to thank you for joining us today and as a reminder, our conference call replay is available on our website at www.WolverineWorldWide.com. The replay will be available through Wednesday, October 17, 2007. Thank you and good day.