Originally Posted by
Icaruss
That doesn't sound right. Isn't 10% (PTIX < 2.5B) or 20% (PTIX < 2.5B)?
10% of the first $2.5B, 20% of every dollar above $2.5B. Our Delta-matching profit sharing formula only started for the last quarter. Next year (if we continue to improve profitiability) the new formula will produce much better profit sharing payouts.