The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Brandon Daniel - Atai Capital - Analyst
: Hey guys, good morning. Sorry if I missed this in my earlier comments. Just to have some clarity here. On that inkjet order that's been delayed. Is
that related to the legacy business or the MTEX's business?
Question: Brandon Daniel - Atai Capital - Analyst
: Yes, hey, sorry. Is this better, Greg, can you hear me now?
Question: Brandon Daniel - Atai Capital - Analyst
: Yes. So I'll talk a little bit louder. On that inkjet order, is that related to the legacy PI business or MTEX? I'm sorry if I missed it earlier.
Question: Brandon Daniel - Atai Capital - Analyst
: Okay. Awesome. Thanks. That's not any question. (inaudible)
Question: Robert Van Voorhis - Vanatoc Capital Management - Analyst
: Can you guys hear me now? Sorry about that. So I just have a couple of quick questions. So for corporate G&A, can you just confirm how much of
MTEX's expenses are in that line item? I think from the filing I could gather, it was around like $570,000. I think it's $270,000 G&A and then the
$300,000 onetime expense. So I'm just curious, can you provide any color on that? Or is that right?
Question: Robert Van Voorhis - Vanatoc Capital Management - Analyst
: Okay. And so, and just the $300,000 onetime acquisition expense. I assume that, that is sort of in corporate G&A for the general and administrative
line item below the segment operating profit, is that right?
Question: Robert Van Voorhis - Vanatoc Capital Management - Analyst
: Okay. Got it. Thanks. And then just a quick question on T&M. So I assume the delayed Boeing orders, those are pretty high margins. So is that one
of the reasons why margins would have declined sequentially? I think that would be my guess.
Question: Robert Van Voorhis - Vanatoc Capital Management - Analyst
: Okay. Got it. And then just my final one, should be pretty quick. I think Brandon kind of answered this with the answer to his question. But just on
sequential PI margins, I assume that's primarily a mix, right? That's just a result of the delayed order and then maybe some other stuff in the legacy
business?
Question: Robert Van Voorhis - Vanatoc Capital Management - Analyst
: Okay. Got it. That's all my questions. Thanks.
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