Question-and-Answer Session
Operator
(Operator Instructions) Our first question comes from the line of John DiFucci with JP Morgan.
John DiFucci
Thank you. Nice job guys.
Nancy Cooper
Thank you.
John DiFucci
Nancy, your operating margin are pushing up against the low end, actually exceeding what I think your low end long-term goals have been. And I'm just curious, do you think that it's time to sort of think about that perhaps being a little higher? Correct me if I'm wrong, I'm actually on the road, your longer term goals were somewhere in the 30 to 34% range but it looks like you're sort of there already and it looks like potentially that could improve. Am I -- do you have any thoughts on that?
Nancy Cooper
Hey, John, we are really pleased. All the restructuring efforts we've done as a Company we feel are really paying off in improved cost performance. So we're delighted to be where we are and obviously we need to look at the guidance we gave almost a year ago.
John DiFucci
I know there's still some more on the restructuring plan. Should we assume there will be some over the next couple quarters or are you sort of cutting back on that at this point, waiting for other opportunities or?
Nancy Cooper
John, we guided to about 30 million of restructuring this year and we still have some facilities that we want to consolidate, so we will be continuing to pursue those, they are just taking a little longer than we thought and we feel that that will be the help on continuing to drive margin performance.
John DiFucci
Okay, great. And just to be clear on one point, your guidance given the share count you said that doesn't include any share buybacks or any meaningful share buybacks in this particular quarter?
Nancy Cooper
That’s correct because we are really looking opportunistically to do this and we are managing cash very carefully.
John DiFucci
Okay. Thank you, great. And just a quick question for John. John you mentioned you had a major product launch in October. And two of the things you talked about in the past, I guess shoring up your product portfolios both through your internal development but also through opportunistic acquisition and given what's happened to the market here to a lot of people's stocks it seems to be a lot of best-in-class products out there or smaller companies that look pretty attractive and just curious if you can just comment on that and, for instance, what you might look at? First of all, if you are looking and second, what you might be looking at in regards to perhaps size or even the kinds of companies?
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