A cut is not likely the last 3 quarters have an average of 27% operating margin. If you use last years 3rd quarter numbers it would be 23.6% average for a one year look back which is above the 20% required to keep band 4. All quarters this year have been well above last year. 3rd last year was just 10.9% So would have to be well under that to be sent back to band 3