That compares to $245 million in 2015. We expect talent acquisition brand adjusted EBITDA less corporate expenses to be in the range of $75 million to $80 million compared to $75.5 million in 2015. In Q1 2016, we expect revenues of $57 million to $58.5 million and talent acquisition brand adjusted EBITDA less corporate expenses to be in a range of $15.5 million to $16.5 million. Our outlook reflects the year-over-year decline in our energy business and also the negative currency impacts to revenue of approximately $0.5 million in Q1 and $2 million for the full year. In terms of profitability, we anticipate modest improvement in adjusted EBITDA margins in a number of our core talent acquisition brands in 2016, and we plan to use some of this improvement to fund investments in new products being developed under the Brightmatter group. This outlook does not include an estimate for severance and related costs associated with the organizational changes Mike discussed earlier as we’re still in the final stages of that reorganization. In summary, our fourth quarter demonstrates that the work we have been doing to enhance both product and our operations continues to gain greater traction. We delivered improved results in all of our core businesses with the exception of energy and generated solid free cash flow while continuing to invest in innovation for future growth and at the same time returning a significant portion of our free cash flow to stockholders.
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