SG&A expense was 16.1% of sales, up 120 basis points year over year, primarily due to higher commissions and incentive compensation on stronger sales volume, increased trade show and commercial activity, and elevated IT-related costs, including cloud-based subscription costs and infrastructure. We view those as investments to support growth and productivity.

May 7, 2026 / CFO / receipt, needs a key / Jim Michaud, CFO | earnings call 2026-05-07 | transcript 1e2a45b1-813b-4511-8a1e-8af3ee6f3e9d | chars 12987-13347 | segment 13