Listen to the presentation. They talk about growth story for next 10 years and pipeline of new business growing like crazy(pipeline and rfp's at highest in company history) and they use Layton's same lines as "leverage in the business model as it grows" and "investments being made and that is what is keeping earnings down but necessary for infrastructure to grow at this pace". I guess our pipleine should follow suit.
http://investors.demandware.com/phoenix.zhtml?c=247632&p=irol-irhome