45.4 % , to $ 24.2 million from $ 16.6 million in the first nine months of 2007. the initial establishment of a valuation allowance for deferred tax assets. delivered a significant portion of our overall third quarter golf increase. to achieve our full year goal of significant double digit revenue improvement. effort to " right size " our manufacturing base in response to market forces. accelerate the productivity ramp-up at our three manufacturing sites globally. may be accessed by calling 866-372-3811 or 203-369-0250. looking statements within the meaning of the Act. the quarter ended September 28 , 2008. estimates , plans or outlook for the future. applicable to the periods identified in the tables below. operating performance prepared in accordance with GAAP .