Looking ahead, we expect our sales to continue to grow at a healthy pace in the second half of 2011. We are confident that our diversified product lines and sales strategy will help us sustain the solid growth to deliver our company's strong financial performance for our stockholders, as well as continuing to be one of the largest companies in the industry.
We are working through several short term challenges. The good news is we have built a diversified customer base across four industries which we believe provide us with relatively stable revenues. Along with others in the industry, we increased prices to offset the rising input costs of cotton. While this caused some order delays as customers worked through less expensive inventory, we expect this action will result in higher sales and stable margins in the second half of this year. As our products are essential ingredients in so many end products which consumers use every day, such as toothpaste and medicines, and we are one of the largest companies serving this industry, we feel confident in a resumption of growth and improved profitability looking forward. Our outlook for the balance of the year is positive despite some setbacks in the first quarter.