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pink pradas year's quarterly numbers, as I will describe, we're on a good growth path with this premier status brand.Our balance sheet remains strong and will support continued growth. Our strategy for the next several years will be to focus on growth, both organic and from acquisitions. As we execute both of these pieces, we will continue to diversify by brand, category and gender. As we diversify, the Calvin Klein brand is important to our overall business. This past year, the 8 product licenses we hold with Calvin Klein represented approximately 45% of our total wholesale revenue. Our relationships with PVH and Calvin Klein had never been stronger.As we've previously mentioned, the terms of our licenses are now approximately 8 years. In addition, we've just signed a new license for Calvin Klein ladies and men's swimwear. We're very excited about this new business and we expect to begin shipping product toward the end of this year. We're most appreciative that PVH and Calvin Klein always consider us for new opportunities.I'd now like to quickly discuss the performance of our major categories and brands and how we see them developing over the course of the next year. Our outerwear business did well relative to last year. We're very pleased with the way we flowed product and maximized our sales productivity with much more efficient levels of inventory. While total outerwear revenues were down slightly this year, this is largely by design and we're pleased with the outcome of the full season. Standout brands for this season include Calvin Klein, Levi's, Dockers, Tommy Hilfiger and the new Jessica Simpson launch. Also, as I have previously mentioned, our Team Sports business did extremely well, especially in coats driven by our NFL business.Dresses, which has quickly become one of our largest categories, continue to perform well. Calvin Klein continues to be the strongest brand in this category. The placement is excellent, the fixturing is very effective and the talent we have in design, merchandising and sourcing is driving a great response from consumers. We're pleased to also have seen strong results in the solid ongoing trend with other brands in this space including Eliza J,