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Press release for investors, q4 2014:

" gross margin between 38.5 percent and 39.5 percent

that's gross margin.. not operating margin.

(wiki)
Gross margin is the difference between revenue and cost before accounting for certain other costs

http://www.investopedia.com/terms/o/operatingmargin.asp
Operating margin is a measurement of what proportion of a company's revenue is left over after paying for variable costs of production such as wages, raw materials, etc
 
that's gross margin.. not operating margin.

(wiki)
Gross margin is the difference between revenue and cost before accounting for certain other costs

Operating margin is a measurement of what proportion of a company's revenue is left over after paying for variable costs of production such as wages, raw materials, etc

Sorry, mistake.
 
what about the shareholders?

Will shareholders get any discount? Tim, you are giving my money away to those who make money for me...Wait, that makes sense!
 
Do the employees have to buy the watch by a certain time to get the discount?
 
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