joining us now is steve tanger, president and ceo of tanger outlet stores.> thank you for having me. >> we've been talking about a heavily promoted season. how did that translate? good or bad? are the markdowns even deeper at the outlets then? >> well, in good times, people like a bargain, and in tough times like these, they need a bargain. the outlets are where you go to get the best brands and designer names at the best price every day. we love when our customers and our tenants who are customers give a great value to the consumer. and that's what they've done this past season. >> in getting ready for this interview, a surprise in terms of the average household income of your shopper. $93,000, that's the average, correct? >> somewhere in that area. >> so your demographic is the super high end. what are you seeing? there's this thought out there that the higher income folks are not feeling the pressure as much as the lower income. >> well, i think in a bad economy or a recovering economy, everybody feels the pressure. but the upscale and the more fluent cus