...A. Third quarter GAAP EPS reflected restructuring and asset write-off charges, realized gains and unrealized noncash mark-to-market losses on currency hedging contracts and noncash mark-to-market adjustments associated with the company's Japanese yen-denominated debt. B. As expected, sales were $3.5 billion and EPS was $0.45. C. Gross margin expanded sequentially to 37%, and free cash flow improved to $466 million. D. These initiatives led to improved gross margin and cash flow in the quarter despite volume coming in at the low end of our expectations in Optical Communications as carriers continue to draw down inventory and in Display Technologies as panel makers lowered utilization at the end of the quarter. E. We drove an 80 basis point sequential expansion to 37% on consistent sales, driven primarily by our pricing actions in Display. F. Additionally, if you compare the third quarter of this year to the fourth quarter of last year, when we launched our comprehensive plan, sales are down...
