Financial Snapshot

Revenue
$910.3M
TTM
Gross Margin
61.14%
TTM
Net Earnings
$165.5M
TTM
Current Assets
$226.7M
Q3 2024
Current Liabilities
$155.2M
Q3 2024
Current Ratio
146.01%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$2.125B
Q3 2024
Cash
Q3 2024
P/E
14.62
Nov 29, 2024 EST
Free Cash Flow
-$127.9M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000
Revenue $986.5M $912.1M $509.2M $267.9M $1.115B $1.159B $1.194B $1.189B $1.249B $1.142B $923.8M $829.1M $721.8M $515.6M $609.3M $765.2M $866.1M $771.2M $541.7M $422.3M $441.6M $258.7M $243.5M $222.3M
YoY Change 8.16% 79.13% 90.05% -75.98% -3.79% -2.9% 0.36% -4.8% 9.39% 23.62% 11.43% 14.86% 39.99% -15.38% -20.37% -11.65% 12.31% 42.37% 28.27% -4.37% 70.7% 6.24% 9.54% 15.78%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000
Revenue $986.5M $912.1M $509.2M $267.9M $1.115B $1.159B $1.194B $1.189B $1.249B $1.142B $923.8M $829.1M $721.8M $515.6M $609.3M $765.2M $866.1M $771.2M $541.7M $422.3M $441.6M $258.7M $243.5M $222.3M
Cost Of Revenue $375.5M $342.8M $192.9M $147.8M $405.9M $420.9M $430.9M $432.7M $450.3M $416.0M $334.9M $303.2M $268.4M $202.5M $239.4M $289.4M $377.3M $291.3M $209.3M $157.0M $170.0M $92.00M $88.30M $79.40M
Gross Profit $610.9M $569.3M $316.2M $120.2M $709.2M $738.2M $762.7M $756.6M $798.9M $726.0M $588.9M $525.9M $453.4M $313.1M $369.9M $475.8M $488.8M $479.9M $332.4M $265.3M $271.6M $166.7M $155.2M $142.9M
Gross Profit Margin 61.93% 62.42% 62.11% 44.87% 63.6% 63.69% 63.9% 63.62% 63.95% 63.57% 63.75% 63.43% 62.82% 60.73% 60.71% 62.18% 56.44% 62.23% 61.36% 62.82% 61.5% 64.44% 63.74% 64.28%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000
Selling, General & Admin $47.09M $49.94M $49.33M $34.15M $54.65M $56.21M $55.72M $423.2M $453.7M $413.4M $352.3M $316.0M $286.2M $205.9M $242.5M $271.9M $273.0M $290.5M $202.6M $170.8M $179.6M $104.2M $97.50M $81.20M
YoY Change -5.71% 1.23% 44.46% -37.52% -2.78% 0.89% -86.83% -6.72% 9.75% 17.34% 11.49% 10.41% 39.0% -15.09% -10.81% -0.4% -6.02% 43.39% 18.62% -4.9% 72.36% 6.87% 20.07% 19.41%
% of Gross Profit 7.71% 8.77% 15.6% 28.41% 7.71% 7.61% 7.31% 55.93% 56.79% 56.94% 59.82% 60.09% 63.12% 65.76% 65.56% 57.15% 55.85% 60.53% 60.95% 64.38% 66.13% 62.51% 62.82% 56.82%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $126.5M $125.8M $128.6M $137.0M $147.7M $145.0M $156.0M $163.6M $166.9M $160.1M $131.8M $128.2M $118.8M $100.7M $111.0M $119.4M $123.2M $101.9M $73.10M $61.30M $60.50M $39.90M $43.10M $33.00M
YoY Change 0.56% -2.16% -6.12% -7.22% 1.87% -7.06% -4.67% -1.98% 4.25% 21.48% 2.8% 7.89% 18.04% -9.31% -7.04% -3.08% 20.9% 39.4% 19.25% 1.32% 51.63% -7.42% 30.61% 2.17%
% of Gross Profit 20.71% 22.11% 40.67% 113.99% 20.82% 19.64% 20.45% 21.62% 20.89% 22.05% 22.38% 24.38% 26.21% 32.15% 30.01% 25.09% 25.2% 21.23% 21.99% 23.11% 22.28% 23.94% 27.77% 23.09%
Operating Expenses $867.8M $816.2M $597.3M $661.8M $977.8M $977.2M $1.053B $586.2M $618.4M $569.3M $489.8M $446.9M $399.8M $285.5M $335.0M $365.6M $362.9M $374.3M $261.1M $220.9M $231.2M $138.1M $132.5M $114.3M
YoY Change 6.33% 36.65% -9.75% -32.32% 0.06% -7.17% 79.57% -5.21% 8.62% 16.23% 9.6% 11.78% 40.04% -14.78% -8.37% 0.74% -3.05% 43.36% 18.2% -4.46% 67.41% 4.23% 15.92% 13.96%
Operating Profit -$256.9M -$246.9M -$281.1M -$541.6M -$268.6M -$239.0M -$289.9M $170.4M $180.5M $156.7M $99.20M $79.01M $42.68M $27.58M $34.90M $110.2M $125.9M $105.6M $71.30M $44.40M $40.40M $28.60M $22.70M $28.60M
YoY Change 4.05% -12.15% -48.11% 101.64% 12.4% -17.58% -270.15% -5.6% 15.19% 57.97% 25.55% 85.14% 54.76% -20.99% -68.33% -12.47% 19.22% 48.11% 60.59% 9.9% 41.26% 25.99% -20.63% 32.41%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000
Interest Expense $51.68M $32.01M $30.90M $53.31M $54.22M $47.69M $51.77M -$50.30M -$66.50M -$72.30M $72.24M $76.82M $74.20M $58.93M -$103.7M -$84.60M -$91.70M -$79.00M -$51.50M -$55.00M -$53.40M -$28.90M -$42.30M -$43.30M
YoY Change 61.47% 3.58% -42.04% -1.69% 13.7% -7.87% -202.91% -24.36% -8.02% -200.08% -5.96% 3.54% 25.9% -156.83% 22.58% -7.74% 16.08% 53.4% -6.36% 3.0% 84.78% -31.68% -2.31% 81.93%
% of Operating Profit -29.52% -36.84% -46.14% 72.82% 97.23% 173.86% 213.71% -297.13% -76.77% -72.84% -74.81% -72.23% -123.87% -132.18% -101.05% -186.34% -151.4%
Other Income/Expense, Net $10.54M $5.242M -$343.0K $2.836M $16.56M $10.50M $4.300M $1.800M $3.900M $3.500M $2.821M $297.0K $3.115M $112.0K $1.400M $3.600M $8.900M $4.200M $3.100M $700.0K $800.0K $2.100M $1.100M $700.0K
YoY Change 100.97% -1628.28% -112.09% -82.87% 57.69% 144.19% 138.89% -53.85% 11.43% 24.07% 849.83% -90.47% 2681.25% -92.0% -61.11% -59.55% 111.9% 35.48% 342.86% -12.5% -61.9% 90.91% 57.14% -22.22%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000
Pretax Income $211.3M $91.13M $33.10M -$403.9M $142.6M $260.8M $138.2M $140.1M $341.1M $83.30M $29.74M $2.295M $40.85M -$30.69M -$43.70M $29.10M $42.60M $30.90M $22.90M -$11.20M -$23.40M -$4.800M -$18.60M -$14.00M
YoY Change 131.85% 175.27% -108.2% -383.17% -45.31% 88.69% -1.34% -58.93% 309.48% 180.13% 1195.69% -94.38% -233.1% -29.77% -250.17% -31.69% 37.86% 34.93% -304.46% -52.14% 387.5% -74.19% 32.86% -8.5%
Income Tax $4.562M $359.0K $109.0K $6.590M -$151.0K $1.767M -$7.775M -$600.0K $1.400M $200.0K $8.145M $1.148M $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 -$300.0K -$2.900M -$4.700M -$8.800M $0.00
% Of Pretax Income 2.16% 0.39% 0.33% -0.11% 0.68% -5.62% -0.43% 0.41% 0.24% 27.39% 50.02% 0.0% 0.0% 0.0% 0.0% 0.0%
Net Earnings $206.7M $90.77M $33.00M -$410.5M $142.8M $259.1M $153.0M $134.2M $347.4M $81.20M $70.00M $49.56M $81.30M $38.54M -$269.6M $71.20M $123.9M $53.20M $30.20M -$36.10M -$22.30M -$10.40M -$18.80M -$8.700M
YoY Change 127.74% 175.09% -108.04% -387.48% -44.88% 69.32% 14.01% -61.37% 327.83% 16.0% 41.25% -39.04% 110.94% -114.3% -478.65% -42.53% 132.89% 76.16% -183.66% 61.88% 114.42% -44.68% 116.09% 29.85%
Net Earnings / Revenue 20.95% 9.95% 6.48% -153.23% 12.8% 22.35% 12.82% 11.28% 27.81% 7.11% 7.58% 5.98% 11.26% 7.48% -44.25% 9.3% 14.31% 6.9% 5.58% -8.55% -5.05% -4.02% -7.72% -3.91%
Basic Earnings Per Share $0.93 $0.34 $0.06 -$1.93
Diluted Earnings Per Share $0.93 $0.34 $158.6K -$1.874M $601.2K $1.108M $655.3K $624.2K $1.675M $421.4K $407.9K $376.4K $691.1K $386.2K -$3.862M $1.326M $2.096M $926.8K $740.2K -$1.087M -$579.2K -$270.1K -$488.3K -$226.0K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000
Cash & Short-Term Investments $426.4M $101.2M $120.5M $368.4M $816.9M $809.3M $488.0M $369.5M $499.1M $222.1M $104.4M $157.2M $149.2M $276.0M $353.3M $176.1M $66.10M $29.00M $17.50M $6.000M $20.20M $22.30M
YoY Change 321.25% -15.99% -67.3% -54.9% 0.94% 65.84% 32.07% -25.97% 124.72% 112.74% -33.59% 5.36% -45.94% -21.88% 100.62% 166.41% 127.93% 65.71% 191.67% -70.3% -9.42%
Cash & Equivalents $426.4M $101.2M $120.5M $368.4M $816.9M $809.3M $488.0M $369.5M $499.1M $222.1M $104.4M $157.2M $149.2M $276.0M $353.3M $176.1M $66.10M $29.00M $17.50M $6.000M $20.20M $22.30M
Short-Term Investments $0.00
Other Short-Term Assets $67.30M $70.65M $132.9M $58.10M $61.70M $64.30M $204.6M $157.5M $87.10M $97.00M $101.9M $221.4M $345.1M $200.2M $179.0M $281.7M $399.3M $72.70M $58.90M $31.20M $40.20M $32.70M
YoY Change -4.75% -46.83% 128.71% -5.83% -4.04% -68.57% 29.9% 80.83% -10.21% -4.81% -53.97% -35.84% 72.38% 11.84% -36.46% -29.45% 449.24% 23.43% 88.78% -22.39% 22.94%
Inventory $1.100M $1.300M $1.200M $1.400M $1.400M $1.500M $1.400M $1.200M $2.100M $2.400M $2.500M $3.000M $3.100M $2.800M $2.500M $2.700M $2.900M
Prepaid Expenses
Receivables $31.21M $42.09M $28.73M $8.600M $35.20M $33.80M $34.20M $39.30M $32.00M $34.20M $29.90M $27.50M $29.70M $17.30M $22.60M $31.30M $32.70M $41.70M $42.90M $28.30M $19.00M $14.60M
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $100.0K $100.0K $1.000M $1.400M $2.000M $100.0K $500.0K $100.0K
Total Short-Term Assets $524.9M $214.0M $282.1M $435.1M $913.7M $908.5M $728.1M $567.6M $619.5M $354.7M $237.7M $407.6M $525.2M $495.7M $557.4M $491.8M $502.1M $147.9M $124.1M $68.10M $82.60M $72.70M
YoY Change 145.32% -24.15% -35.17% -52.38% 0.57% 24.78% 28.28% -8.38% 74.65% 49.22% -41.68% -22.39% 5.95% -11.07% 13.34% -2.05% 239.49% 19.18% 82.23% -17.55% 13.62%
Property, Plant & Equipment $2.601B $2.860B $2.749B $2.541B $2.988B $3.039B $3.107B $3.159B $3.232B $3.540B $3.234B $2.682B $2.535B $1.916B $1.939B $2.021B $2.467B $2.494B $2.071B $1.135B $1.235B $1.324B
YoY Change -9.04% 4.02% 8.21% -14.99% -1.68% -2.17% -1.66% -2.27% -8.7% 9.47% 20.59% 5.81% 32.31% -1.18% -4.06% -18.08% -1.09% 20.44% 82.47% -8.14% -6.69%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $200.0K $500.0K $251.5M $35.80M $68.70M $0.00
YoY Change -60.0% -99.8% 602.51% -47.89%
Other Assets $23.26M $8.616M $5.950M $7.400M $14.00M $20.70M $18.90M $9.900M $10.00M $4.100M $12.00M $37.80M $18.10M $11.50M $9.800M $21.00M $16.40M $19.10M $27.30M $22.30M $18.50M $17.80M
YoY Change 170.0% 44.81% -19.59% -47.14% -32.37% 9.52% 90.91% -1.0% 143.9% -65.83% -68.25% 108.84% 57.39% 17.35% -53.33% 28.05% -14.14% -30.04% 22.42% 20.54% 3.93%
Total Long-Term Assets $2.624B $2.869B $2.759B $2.551B $3.005B $3.064B $3.130B $3.172B $3.246B $3.563B $3.271B $2.729B $2.576B $1.940B $1.956B $2.314B $2.547B $2.613B $2.125B $1.186B $1.282B $1.373B
YoY Change -8.52% 3.98% 8.17% -15.13% -1.93% -2.09% -1.32% -2.28% -8.9% 8.91% 19.86% 5.94% 32.76% -0.8% -15.46% -9.16% -2.5% 22.94% 79.24% -7.54% -6.62%
Total Assets $3.149B $3.083B $3.041B $2.986B $3.919B $3.973B $3.858B $3.739B $3.865B $3.917B $3.509B $3.137B $3.101B $2.436B $2.514B $2.806B $3.049B $2.760B $2.249B $1.254B $1.365B $1.446B
YoY Change
Accounts Payable $48.41M $52.20M $36.53M $32.30M $30.90M $30.40M $31.80M $36.10M $30.20M $32.60M $25.10M $22.60M $24.80M $20.90M $12.40M $15.50M $16.20M $16.60M $19.40M $15.40M $28.90M $20.10M
YoY Change -7.26% 42.89% 13.09% 4.53% 1.64% -4.4% -11.91% 19.54% -7.36% 29.88% 11.06% -8.87% 18.66% 68.55% -20.0% -4.32% -2.41% -14.43% 25.97% -46.71% 43.78%
Accrued Expenses $6.346M $34.37M $32.20M $27.30M $36.50M $32.30M $33.40M $26.90M $31.00M $35.20M $33.00M $31.60M $29.00M $25.50M $26.70M $33.00M $28.50M $19.80M $9.000M $5.800M $13.30M $11.60M
YoY Change -81.54% 6.74% 17.94% -25.21% 13.0% -3.29% 24.16% -13.23% -11.93% 6.67% 4.43% 8.97% 13.73% -4.49% -19.09% 15.79% 43.94% 120.0% 55.17% -56.39% 14.66%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $222.0M $26.28M $2.300M $82.10M $5.800M $5.500M $184.9M $85.80M $119.6M $23.30M $76.70M $49.50M $16.20M $363.4M $12.40M $9.800M $23.20M $4.400M $45.00M $25.80M $477.1M
YoY Change 744.86% 1042.61% -97.2% 1315.52% 5.45% -97.03% 115.5% -28.26% 413.3% -69.62% 54.95% 205.56% -95.54% 2830.65% 26.53% -57.76% 427.27% -90.22% 74.42% -94.59%
Total Short-Term Liabilities $138.4M $380.9M $175.8M $90.80M $325.6M $232.7M $242.6M $408.8M $451.3M $297.3M $120.1M $200.0M $295.9M $112.7M $469.6M $195.6M $138.6M $140.3M $104.6M $121.2M $93.30M $530.3M
YoY Change -63.67% 116.71% 93.57% -72.11% 39.92% -4.08% -40.66% -9.42% 51.8% 147.54% -39.95% -32.41% 162.56% -76.0% 140.08% 41.13% -1.21% 34.13% -13.7% 29.9% -82.41%
Long-Term Debt $814.6M $590.7M $588.7M $758.1M $904.5M $998.2M $1.004B $761.9M $1.026B $1.318B $1.396B $1.302B $1.367B $1.115B $1.050B $1.589B $1.712B $1.477B $1.177B $667.5M $891.8M $465.3M
YoY Change 37.91% 0.32% -22.34% -16.19% -9.39% -0.59% 31.79% -25.77% -22.11% -5.64% 7.23% -4.76% 22.6% 6.22% -33.92% -7.2% 15.96% 25.48% 76.3% -25.15% 91.66%
Other Long-Term Liabilities $29.75M $26.32M $36.78M $47.40M $58.90M $30.40M $28.70M $36.70M $36.30M $33.60M $40.00M $15.10M $12.60M $8.700M $7.300M $6.400M $6.000M $6.400M $8.800M $3.000M $5.200M $4.700M
YoY Change 13.03% -28.44% -22.41% -19.52% 93.75% 5.92% -21.8% 1.1% 8.04% -16.0% 164.9% 19.84% 44.83% 19.18% 14.06% 6.67% -6.25% -27.27% 193.33% -42.31% 10.64%
Total Long-Term Liabilities $844.3M $617.0M $625.5M $805.5M $963.4M $1.029B $1.033B $798.6M $1.063B $1.351B $1.436B $1.317B $1.380B $1.124B $1.057B $1.596B $1.718B $1.483B $1.186B $670.5M $897.0M $470.0M
YoY Change 36.85% -1.37% -22.34% -16.39% -6.34% -0.41% 29.33% -24.85% -21.36% -5.92% 9.03% -4.54% 22.78% 6.31% -33.73% -7.15% 15.87% 25.08% 76.82% -25.25% 90.85%
Total Liabilities $982.7M $997.9M $842.1M $937.1M $1.344B $1.309B $1.324B $1.257B $1.564B $1.701B $1.610B $1.573B $1.736B $1.237B $1.527B $1.791B $1.857B $1.623B $1.290B $836.4M $1.035B $1.047B
YoY Change -1.52% 18.5% -10.14% -30.28% 2.66% -1.12% 5.38% -19.68% -8.03% 5.62% 2.38% -9.4% 40.36% -19.0% -14.75% -3.54% 14.39% 25.82% 54.26% -19.16% -1.19%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000
Basic Shares Outstanding 205.6M 212.6M 216.3M 215.9M
Diluted Shares Outstanding 205.9M 212.7M 216.3M 215.9M
Preferred Stock
Treasury Stock Shares

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Book Value

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Free Cash Flow YoY

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Dividends

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Stock Price

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Market Cap: $2.4209 Billion

About Sunstone Hotel Investors, Inc.

Sunstone Hotel Investors, Inc. is a real estate investment trust, which engages in the business of acquisition, active ownership, and disposition of well-located hotel and resort real estate. The company is headquartered in Aliso Viejo, California and currently employs 40 full-time employees. The company went IPO on 2004-10-21. The firm owns approximately 14 hotels, comprised of 6,675 rooms, located in six states and in Washington, DC. The Company’s portfolio consists of luxury hotels located in convention, resort destinations and urban markets. The company is the owner of Long-Term Relevant Real Estate (LTRR) in the lodging industry, specifically hotels in urban and resort destination locations. The firm's hotels are operated by third-party managers under long-term management agreements with TRS Lessee or its subsidiaries. The company is operated by third-party managers under long-term management agreements with the TRS Lessee or its subsidiaries. Its third-party managers include subsidiaries of Marriott International, Inc.; managers of six of the Company’s hotels; Hyatt Hotels Corporation, manager of two of its hotels; and Four Seasons Hotels Limited, Highgate Hotels L.P. and an affiliate, Hilton Worldwide, and Interstate Hotels & Resorts, Inc.

Industry: Hotels & Motels Peers: Apple Hospitality REIT, Inc. DiamondRock Hospitality Co Ryman Hospitality Properties, Inc. Park Hotels & Resorts Inc. HOST HOTELS & RESORTS, INC. Pebblebrook Hotel Trust RLJ Lodging Trust Xenia Hotels & Resorts, Inc.