i said, oh my god, did they have to fight against vf corp to get this?at vf corp needs to. but obviously you know at brack has got he's got his hands full. he's got to get that balance sheet a little better. but your balance sheet was superb. you could handle this very easily. >> yeah very easily i mean you know we're going to probably put 200 million or so down on it and borrow about $700 million. puts us in a rlly good position. you know, our balance sheet has been very strong for a few years now. i think, jim, most people want to know what we were going to do with our cash. we already pay a healthy dividend. we've been buying back stock. but we were patient. jim. we've looked at a lot of deals here in the last few years, and this one came and we moved really quickly. and like i said, it was a really good transaction with a really good group of folks and we made it happen quick. >> now, i know a lot of people focus on denim. i bought a lot of your stuff on amazon, a lot of shirts. i mean, you know, shirts that i think i'm going to mention a competitor,

surface at some of those some of those false breakout names like marriott and restoration hardware, vf corpf these leadership names in the discretionary space have really started to, you know, have some some selling pressure under the surface. and so yeah, we're we're thinking it's, you know, potentially an early, you know, warning sign. i think it's a little premature to, you know, to, to sound the alarms fully. but it's something we're watching. and at the same time you're seeing subtle widening of credit spreads, which also has a high correlation to that ratio. so i mean, again, very early innings but something that's. yeah. go ahead. >> i mean it's you know look consumer sentiment recently was was a little squirrely i get it. inflation expectations may be playing a role in why those stocks sold off. i think it's a little dangerous to look within it. you know tesla's obviously been driving everything lower within discretionary down 10% this week down 17% in a month. i hear you though. so what are the what's the key level then to watch on the s&p. >> you know look it's not we're not as ke