Our comparable store sales decline in fiscal 2009 reflected a decrease in customer traffic.
Partially offsetting the decline in traffic was an increase in the average ticket as our revenue mix continued to shift toward large-ticket items, such as notebook computers and mobile phones.
Products having the largest impact on the fiscal 2009 comparable store sales decline include digital cameras, tube and projection televisions, DVDs and CDs, partially offset by gains in notebook computers, flat-panel televisions and mobile phones.
Revenue from our online operations increased more than 21% in fiscal 2009 and partially offset the overall comparable store sales decline.
Our gross profit rate in fiscal 2009 increased by 0.5% of revenue to 24.4% of revenue.
The gross profit rate increase for fiscal 2009 was due to increases in both our Domestic and International segments’ gross profit rates.
The acquisition of Best Buy Europe increased our gross profit rate by 0.4% of revenue for fiscal 2009.
For further discussion of each segment’s gross profit rate changes, see the Segment Performance Summary for Domestic and International below.
Our SG&A rate in fiscal 2009 increased by 1.5% of revenue to 20.0% of revenue.
The SG&A rate increase for fiscal 2009 was due to an increase in both our Domestic and International segments’ SG&A rates.
The acquisition of Best Buy Europe increased our SG&A rate by 0.7% of revenue for fiscal 2009.
For further discussion of each segment’s SG&A rate changes, see the Segment Performance Summary for Domestic and International below.
Our operating income in fiscal 2009 also included restructuring and goodwill and tradename impairment charges recorded in the fiscal fourth quarter.
The $78 million restructuring charge related primarily to employee termination benefits offered pursuant to voluntary and involuntary separation programs at our corporate headquarters and certain other locations.
The restructuring charges were recorded as a result of measures we took to create a more effective and efficient operating cost structure and to support our fiscal 2010 strategic priorities.
The $66 million goodwill and tradename impairment charges related to impairment of our Speakeasy business recorded as a result our annual test of goodwill for impairment.
Fiscal 2008 Results Compared With Fiscal 2007 Fiscal 2008 net earnings were slightly more than $1.4 billion, or $3.12 per diluted share, compared with nearly $1.4 billion, or $2.79 per diluted share, in fiscal 2007.
The modest increase in net earnings was driven by revenue growth and a decrease in our SG&A rate, offset by a decrease in our gross profit rate and a higher effective income tax rate.
The increase in net earnings per diluted share was due primarily to the lower average number of shares outstanding, resulting from our share repurchases in fiscal 2008.
Revenue in fiscal 2008 increased 11% to $40.0 billion, compared with $35.9 billion in fiscal 2007.
The increase resulted primarily from the net addition of 137 new Best Buy, Future Shop, Five Star, Pacific Sales and Best Buy Mobile stores during fiscal 2008, a full year of revenue from new stores added in fiscal 2007, a 2.9% comparable store sales gain and the non-comparable store sales generated from the acquisition of Five Star, Pacific Sales and Speakeasy.
The remainder of the revenue increase was due primarily to the favorable effect of fluctuations in foreign currency exchange rates.
Excluding the impact of the extra week in fiscal 2007, the net addition of new stores during the past fiscal year accounted for more than one-half of the revenue increase in fiscal 2008; the comparable store sales gain accounted for more than twotenths of the revenue increase; the non-comparable store sales generated from the acquisition of Five Star, Pacific Sales and Speakeasy accounted for more than one-tenth of the revenue increase; and the remainder of the revenue increase was due to the favorable effect of fluctuations in foreign currency exchange rates.
The following table presents consolidated revenue mix percentages and comparable store sales percentage changes by revenue category in fiscal 2008 and 2007:
## Table 0 ##
Our comparable store sales gain in fiscal 2008 benefited from a higher average transaction amount driven by the continued growth in higher-ticket items, including video gaming hardware, flat-panel televisions and notebook
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued) NOTE 11 RETIREMENT BENEFIT PLANS The Company sponsors various defined contribution savings plans, primarily in the U. S. , that allow employees to contribute a portion of their pre-tax and/or after-tax income in accordance with plan specified guidelines.
Under specified conditions, the Company will make contributions to the plans and/or match a percentage of the employee contributions up to certain limits.
Total expense related to the defined contribution plans was $24.8 million, $18.9 million and $19.2 million in the years ended December 31, 2012, 2011 and 2010, respectively.
The Company has a number of defined benefit pension plans and other postretirement benefit plans covering eligible salaried and hourly employees and their dependents.
The defined pension benefits provided are primarily based on (i) years of service and (ii) average compensation or a monthly retirement benefit amount.
The Company provides defined benefit pension plans in France, Germany, Ireland, Italy, Japan, Mexico, Monaco, South Korea, Sweden, U. K.  and U. S.  The other postretirement benefit plans, which provide medical and life insurance benefits, are unfunded plans.
All pension and other postretirement benefit plans in the U. S.  have been closed to new employees since 1999.
The measurement date for all plans is December 31.
On February 26, 2009, the Company’s subsidiary BorgWarner Diversified Transmission Products Inc.  (“DTP”), entered into a Plant Shutdown Agreement with the United Auto Workers (“UAW”) for its Muncie, Indiana automotive component plant (the “Muncie Plant”).
Management subsequently wound-down production activity at the plant, with operations effectively ceased as of March 31, 2009.
The Plant Shutdown Agreement included terms allowing for lump sum payment of the pension obligation for certain participants if funding of the plan exceeded a defined level.
In accordance with these terms, in December 2012, the Company settled a portion of the pension obligation resulting in a non-cash loss of $5.7 million, which was recorded in other (income) expense within the Consolidated Statement of Operations.
On March 24, 2010, the Company finalized its settlement agreement regarding the closure of the Muncie Plant with the Pension Benefit Guaranty Corporation (“PBGC”) in which the Company agreed to make certain payments directly to the Muncie Plant’s defined benefit pension plan (the “Plan”).
In accordance with the settlement agreement, the Company made an initial cash contribution of $23 million for the 2009 Plan year and a cash contribution of $15 million in the year ended December 31, 2011.
During the fourth quarter of 2012, the Company received notification from the PBGC that the terms of the settlement have been suspended pending review of the Company’s financial strength under the PBGC’s revised enforcement policy pilot program announced on November 2, 2012.
The evaluation was confirmed in January 2013 and as a result the Company currently does not have any obligations as described in the original agreement.
The following table summarizes the expenses for the Company’s defined contribution and defined benefit pension plans and the other postretirement defined benefit plans.
## Table 1 ##
The Business Banking segment provides deposit, lending, cash management and other financial services to small businesses and professionals through the Company’s banking office network and several other delivery channels, including business banking centers, telephone banking, Internet banking and automated teller machines.
The Commercial Banking segment provides a wide range of credit products and banking services to middle-market and large commercial customers, mainly within the markets the Company serves.
Among the services provided by this segment are commercial lending and leasing, letters of credit, deposit products and cash management services.
The Commercial Real Estate segment provides credit services which are secured by various types of multifamily residential and commercial real estate and deposit services to its customers.
Activities of this segment include the origination, sales and servicing of commercial real estate loans.
Commercial real estate loans held for sale are included in the Commercial Real Estate Segment.
The Discretionary Portfolio segment includes securities; residential real estate loans and other assets; short-term and long-term borrowed funds; brokered deposits; and Cayman Islands branch deposits.
This segment also provides foreign exchange services to customers.
Residential real estate loans obtained in the Hudson City acquisition on November 1, 2015 are included in this segment.
The Residential Mortgage Banking segment originates and services residential real estate loans for consumers and sells substantially all of those loans in the secondary market to investors or to the Discretionary Portfolio segment.
The segment periodically purchases servicing rights to loans that have been originated by other entities.
Residential real estate loans held for sale are included in the Residential Mortgage Banking segment.
The Retail Banking segment offers a variety of services to consumers through several delivery channels that include banking offices, automated teller machines, and telephone, mobile and Internet banking.
Consumer loans and deposits obtained in the acquisition of Hudson City have been included in this segment.
The “All Other” category includes other operating activities of the Company that are not directly attributable to the reported segments; the difference between the provision for credit losses and the calculated provision allocated to the reportable segments; goodwill and core deposit and other intangible assets resulting from acquisitions of financial institutions; merger-related gains and expenses resulting from acquisitions; the net impact of the Company’s internal funds transfer pricing methodology; eliminations of transactions between reportable segments; certain nonrecurring transactions; the residual effects of unallocated support systems and general and administrative expenses; and the impact of interest rate risk management strategies.
The amount of intersegment activity eliminated in arriving at consolidated totals was included in the “All Other” category as follows:
## Table 2 ##
The Company conducts substantially all of its operations in the United States.
There are no transactions with a single customer that in the aggregate result in revenues that exceed ten percent of consolidated total revenues.
The following table summarized the status of the Company’s non-vested performance share unit awards and changes for the period indicated:
## Table 3 ##
17.
SEGMENT REPORTING The U. S.  Reinsurance operation writes property and casualty reinsurance and specialty lines of business, including Marine, Aviation, Surety and Accident and Health (“A&H”) business, on both a treaty and facultative basis, through reinsurance brokers, as well as directly with ceding companies primarily within the U. S.  The International operation writes non-U.
S.  property and casualty reinsurance through Everest Re’s branches in Canada and Singapore and through offices in Brazil, Miami and New Jersey.
The Bermuda operation provides reinsurance and insurance to worldwide property and casualty markets through brokers and directly with ceding companies from its Bermuda office and reinsurance to the United Kingdom and European markets through its UK branch and Ireland Re.
The Insurance operation writes property and casualty insurance directly and through brokers, surplus lines brokers and general agents within the U. S.  and Canada.
These segments are managed independently, but conform with corporate guidelines with respect to pricing, risk management, control of aggregate catastrophe exposures, capital, investments and support operations.
Management generally monitors and evaluates the financial performance of these operating segments based upon their underwriting results.
Underwriting results include earned premium less losses and loss adjustment expenses (“LAE”) incurred, commission and brokerage expenses and other underwriting expenses.
We measure our underwriting results using ratios, in particular loss, commission and brokerage and other underwriting expense ratios, which, respectively, divide incurred losses, commissions and brokerage and other underwriting expenses by premiums earned.
For inter-affiliate reinsurance and business written through the Lloyd’s Syndicate, business is generally reported within the segment in which the business was first produced, consistent with how the business is managed.
The Company does not maintain separate balance sheet data for its operating segments.
Accordingly, the Company does not review and evaluate the financial results of its operating segments based upon balance sheet data.

Tables referenced above, in order (Table 0 first):
<table><tr><td></td><td colspan="2">Revenue Mix Summary Year Ended</td><td colspan="2">Comparable Store Sales Summary Year Ended</td></tr><tr><td></td><td>March 1, 2008</td><td>March 3, 2007</td><td>March 1, 2008</td><td>March 3, 2007</td></tr><tr><td>Consumer electronics</td><td>41%</td><td>42%</td><td>-1.3%</td><td>9.1%</td></tr><tr><td>Home office</td><td>28%</td><td>27%</td><td>7.1%</td><td>0.0%</td></tr><tr><td>Entertainment software</td><td>19%</td><td>18%</td><td>7.9%</td><td>3.2%</td></tr><tr><td>Appliances</td><td>6%</td><td>6%</td><td>-2.6%</td><td>-0.8%</td></tr><tr><td>Services</td><td>6%</td><td>6%</td><td>5.5%</td><td>9.5%</td></tr><tr><td>Other</td><td><1%</td><td><1%</td><td>n/a</td><td>n/a</td></tr><tr><td>Total</td><td>100%</td><td>100%</td><td>2.9%</td><td>5.0%</td></tr></table>
<table><tr><td></td><td colspan="3">Year Ended December 31,</td></tr><tr><td>(millions of dollars)</td><td>2012</td><td>2011</td><td>2010</td></tr><tr><td>Defined contribution expense</td><td>$24.8</td><td>$18.9</td><td>$19.2</td></tr><tr><td>Defined benefit pension expense</td><td>27.3</td><td>17.5</td><td>19.8</td></tr><tr><td>Other postretirement benefit expense</td><td>11.1</td><td>13.5</td><td>17.5</td></tr><tr><td>Total</td><td>$63.2</td><td>$49.9</td><td>$56.5</td></tr></table>
<table><tr><td></td><td colspan="3">Year Ended December 31</td></tr><tr><td></td><td>2016</td><td>2015</td><td>2014</td></tr><tr><td></td><td colspan="3">(In thousands)</td></tr><tr><td>Revenues</td><td>$-48,625</td><td>$-48,972</td><td>$-49,800</td></tr><tr><td>Expenses</td><td>-40,422</td><td>-13,332</td><td>-12,014</td></tr><tr><td>Income taxes (benefit)</td><td>-3,338</td><td>-14,503</td><td>-15,375</td></tr><tr><td>Net income (loss)</td><td>-4,865</td><td>-21,137</td><td>-22,411</td></tr></table>
<table><tr><td></td><td colspan="4">Year Ended December 31,</td></tr><tr><td></td><td colspan="2">2016</td><td colspan="2">2015</td></tr><tr><td></td><td></td><td>Weighted-</td><td></td><td>Weighted-</td></tr><tr><td></td><td></td><td>Average</td><td></td><td>Average</td></tr><tr><td></td><td></td><td>Grant Date</td><td></td><td>Grant Date</td></tr><tr><td>Performance Share Unit Awards</td><td>Shares</td><td>Fair Value</td><td>Shares</td><td>Fair Value</td></tr><tr><td>Outstanding at January 1,</td><td>10,705</td><td>$178.84</td><td>-</td><td>$-</td></tr><tr><td>Granted</td><td>11,130</td><td>186.02</td><td>10,705</td><td>178.84</td></tr><tr><td>Vested</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Forfeited</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Outstanding at December 31,</td><td>21,835</td><td>182.50</td><td>10,705</td><td>178.84</td></tr></table>

Question: As As the chart 3 shows,which year Ended December 31 is Weighted-Average Grant Date Fair Value for Granted the highest?
Answer: 2016