Question

TOOTSIE ROLL INDUSTRIES, INC. ANDSUBSIDIARIES CONSOLIDATED STATEMENTS OF Earnings, Comprehensive Earnings and Retained Earnings (inthousands except per share data)
			For the year ended December31,
			2011			2010			2009
	Net product sales		$528,369			$517,149			$495,592
	Rental and royalty revenue		4,136			4,299			3,739
	Total revenue		532,505			521,448			499,331
	Product cost of goods sold		365,225			349,334			319,775
	Rental and royalty cost		1,038			1,088			852
	Total costs		366,263			350,422			320,627
	Product gross margin		163,144			167,815			175,817
	Rental and royalty gross margin		3,098			3,211			2,887
	Total gross margin		166,242			171,026			178,704
	Selling, marketing and administrative expenses		108,276			106,316			103,755
	Impairment charges