Dan. Thanks,
probably because was adjustment three don't a four. normally big taken the report have of by couple to reaction a to subtracted While year-end release I a thought that it but get four, investors and had out year-end good, thought results we our quarter some press yesterday a year-ago. quarter later people was results pretty negative and that such very saw were it quarter they We should pointed our
So I apologize that. for
at clear We couldn't might that And about So that could four to end X,XXX year-ago, a had XXX,XXX that happened. had a about we of ship. day. you prepaid quarter orders ship we we quite remember orders. struggle the November, today we what a In to want ship
So deferred was credit debit the entry cash, income.
got in, quarter. Well, one-time came in So in that the then revenue had November $X into ago, million million up into the our December about fourth year cleaning netted that large adjustments in $X.X that, several transferred adjustments quarter. addition in to year-end a we of fourth
So $X.X did. that at we got benefit adjustments million the to a quarter fourth quarter, that the that $X client [indiscernible] year and be turned of adjustments of occur ago of million in didn't revenue positive, out positive year-end
look quarter-by-quarter last XXXX. for – do million $XX So still taking you were want just and million XXXX comparison, compare our this as year. the over when we would million will you It fourth to quarter get a want if if quarter, of the you make for the at if $XX.X XX% to out revenue $X you apples-to-apples, up by that,
if take out again So one-time, XX%. you million, $X that up we were
add to you back if we’ve three, someplace. the in quarter think it add Now at I got
or where I borrowing is a of problem. is million million orders. think the I think trend. we orders problem was quarter a ability $X matter To a back Okay. generate In look things here. in at so negative is there how it year these add has you – prepaid it, you the company well bank had and a bad out many not normally you can't downturn of three, history got happened still quarter were I euphoric up a that of $X generally over XX% fix. even I normally no any restricted nothing our little thought we year because a wasn’t so I because best our the in ago numbers. other close. over a There's numbers that about lot – that guess, they and started We a three January in
carryover, at sync all time, out the they cash, deferred guarantee on million to debt-to-equity ratio. to the that of had dividend. with debt, debit our get $X us personal which restrictions, So of put the eliminated again, account I put credit income,
rates. pretty was So raised it and interest unique a very all itself cleared quick. situation It that out
So X,XXX bringing to better. we ship maybe down. XXXX We to are and so about year today a efficiently. ago, year the shift can about that much are we are with more error we we Example, today faster much today, and new so could XXXX, a X%, XX,XXX. two we Operationally, and technology, on ago, of an had working six it's shipping in single rate A X%, in shifts. ship
X,XXX So to ship so up handle you XX,XXX we increased X,XXX in to ship maybe, can can shift, now geared volume. we're maximum imagine, in shifts, two one
July everybody today, on – better grouped was when accounts we all balance one-year, history, at into our the down category the $XX one a a that shares, consider our payments. cash little our we agreed, little to from Because side ability, caused new in in credit, by and bit, than we payable, one our one-year are go sheet our slow restricting that's borrowing tell have they schedule. and you them cash, which Looking problem, to a that of were back and million our and had And over to bank year year-ago. us line of all we vendors really
that just was really to fairly actually I why said, It's just through come now right. who employed [ph], and came this it's time was the numbers passed first new statement. see and was took in miracle could but Dan can and Monday far problems year, pretty him work time, you you one and that you’re euphoric almost here, a weekend like we about on so the again, at So have he that home the with gosh back
had Our for only it it. problem business. much was inventory couldn't We the we and had ship too
year. you I put significantly four when didn't explanation the last year, apples-to-apples is quarter improved why Quarter look So, that's four because of as it a has over reasonable this hope the fourth quarter better. much good
on building in that the I which it's improvement was that. all is up, has – which everything a revenues it, don't bank mind relinquished $XX the really increase the up, restrictions, guarantee, earnings, tenants take the Now, its me personal taken XX% this me off because to going is – bought very have made thank we since much building, $XX for we million which them million off
–but they released a $XX,XXX saves them going restrictions on reduced which XX us more off points in interest interest I’d me a forward. taking big – basis our about that rate, and is you which also to released but about reduced our they've not a but say was, this, So I’d guarantee released restrictions. our bank they’ve me, They’ve other year tell little deal
one on mind think about and missed. nothing so XX% go-forward under only So think of I know really that, we of read covered would yesterday We've and thing fair very negative you chilling of I in and here, you guys positive. decide because if is feel – basis, do like we’re couple are yourself. Dan, think months everything that the got can see for comparison, We we company just but see I a I’ve the and did to was pretty but positive maybe it’s report. thing our drop and a happy I very a people positive can't I a can We think what – not everything one – everything, someone those think belt.
