John Devine
John Devine
bad earnings great quarter relative volume
It's not a great quarter from an earnings standpoint, but relative to the volume adjustment, we think not a bad one.
cost cutting growing looked tough
The cost reductions we've looked at are very tough to achieve. We're not doing it by cutting and slashing the business. We're growing it, doing the right things strategically and we're still getting the cost out.
above acceptable certainly nice overall pleased results
It's nice to be above expectations, but we're certainly not pleased with the overall results. They're not acceptable results in our view. We have a lot more to do.
beyond cognitive far kids students teacher thinking worried
We need to go far beyond just teacher interaction with students on a cognitive level. We need to know what the kids are fantasizing, what they're thinking about, what they're worried about.
believe continue employees encourages focus options stock valuable
We continue to believe stock options are an appropriate and valuable part of compensation that encourages employees to focus on shareholder return,
believe company growth opportunity
We still believe in growth of the market. We still believe we're going to need our capacity, ... This is still a very important opportunity for the company and we don't want to be slow.
Probably by the end of the year, you'll see a charge. We are working on the program. It will happen.