CL King analyst Scott Stember said a short report issued yesterday on Dorman Products was one sided in nature in its discussion of foreign exchange rates and their characterization of hidden benefits, estimated to be a 300bp tailwind to the 2016 gross margin rate, which will be coming to an end. The report failed to mention, as indicated in the 2016 10K, that 71% of Dorman's products were purchased from vendors in a variety of foreign countries through purchase orders with the price specified in U.S. Dollars, eliminating much of the currency risk, the analyst wrote in a note to clients. Stember did not fact check the entire report, but said the selective inclusion of information is somewhat telling.