Question-and-Answer Session
Operator
(Operator Instructions) Your first question comes from Chris O’Cull - SunTrust Bank.
Chris O’Cull - SunTrust Bank
I have a couple of questions, I may have missed this in the presentation Julia, but when does Applebee’s going to launched some of these new products?
Julia Stewart
Well, I said, throughout the year, you’ll see the new menu in April and you will see the items throughout the year. So, not to be giving trade secrets just think of it throughout the year and the new menu if you want to see something actually, like when you go into a restaurant what’s different shout for April and we will get something out in the press release form in mid April to let you know exactly when they go in, but you will see new food and new beverages come April and then throughout the year, you’ll start seeing us advertise new product.
Chris O’Cull - SunTrust Bank
Where the new products that are advertised will they be on that new menu or will they be as extension or some of things on the new menu?
Julia Stewart
Both, some of them will be on the new menu and some of them are, think of it as a surprise.
Chris O’Cull - SunTrust Bank
Okay, great and then will there be new product platforms, I mean new categories?
Julia Stewart
Yes, you may not see all of that in ’09, but you will see some of that in ’09 and that will continue frankly for the next several years.
Chris O’Cull - SunTrust Bank
Okay and then second question. Gregg how much of the plan G&A savings for 2009 will be non-cash versus cash?
Gregg Kalvin
Well, we are not going to disclose that right now. I mean, it’s a combination of obviously cash and non-cash item, dependent on how the financial result play out over the year, what levers we have to deal with non-cash payments for certain item if you will. For example like stock-based compensation and things like that.
That could be a significant non-cash item if we choose the pay that way versus in cash for compensation and things like that. So, we don’t have an exact number, but a portion of it could be approximately that. The total stock-based comp and depreciation number for the year will be about $26 million related to G&A. So, a portion of that could be related to those savings.
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