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: Gareth Williams - Seaport Global - Analyst
: Hi, guys. This is Gareth Williams on behalf of Ken Sill. Just a couple quick questions. I see there's an other expense of around $900,000. What exactly
is included in that?
Question: Gareth Williams - Seaport Global - Analyst
: Okay, great. Thank you. And then just a quick follow-up, do you guys have any guidance on SG&A moving forward near term?
Question: Gareth Williams - Seaport Global - Analyst
: Okay, great. Thank you, guys. I'll turn it back.
Question: Tyson Bauer - Kansas City Capital Associates - Analyst
: Good morning, gentlemen.
Question: Tyson Bauer - Kansas City Capital Associates - Analyst
: Quick questions on your cash flow outlook overall for 2017 and also a big component of that is your lease pool depreciation, how much that tails
off as we go through the year. If you want to touch on those two subjects.
Question: Tyson Bauer - Kansas City Capital Associates - Analyst
: Okay. Your doubtful accounts now the last three quarters, $2.2 million, roughly 18% of what your lease revenues have been for the last three
quarters. I'm guessing most of those are in that leasing segment where you're taking those account write-offs. Give us the -- are we basically to the
point where now you're confident in what you have left in those accounts receivable? Or is this -- the climate we're in now where we're going to
see a higher percentage of doubtful accounts going forward?
Question: Tyson Bauer - Kansas City Capital Associates - Analyst
: Okay. Thank you.
Question: Ross DeMont - Midwood Capital - Analyst
: Good morning, guys. How are you?
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APRIL 06, 2016 / 1:00PM, MIND.OQ - Q4 2016 Mitcham Industries Inc Earnings Call
Question: Ross DeMont - Midwood Capital - Analyst
: Quick question. Now that we've reconfigured how we're presenting equipment manufacturing and sales, can you talk about -- we're adding Klein
in there effectively. Are we now talking about $35 ish million of revs? And what type of margins should we expect out of that division -- or that
segment now that we've got Klein in there?
Question: Ross DeMont - Midwood Capital - Analyst
: Okay. That's great. And then on seasonality and equipment leasing, obviously historically, the winter season has been strong for us, with Canada
and Russia. Now that those are particularly weak, should we expect that seasonality will look different? Is it possible it would even reverse itself?
Question: Ross DeMont - Midwood Capital - Analyst
: Okay.
Question: Ross DeMont - Midwood Capital - Analyst
: Okay. That's -- well, maybe one more, which is obviously we made a pretty nice acquisition here. Are we still on the lookout for more, or do you
think Klein satisfies what we've been looking for and hoping for?
Question: Ross DeMont - Midwood Capital - Analyst
: Okay. Thanks so much.
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