The increase in SG&A expenses largely reflects higher variable compensation accruals, higher travel costs, and the timing of certain other expenses.

Apr 27, 2023 / CFO / receipt, needs a key / Tim Lane, CFO | earnings call 2023-04-27 | transcript 9a4d955b-706b-4f19-b488-8e6a00a9ef5a | chars 8237-8385 | segment 8

SG&A expenses were $47.8 million in the third quarter, down $3 million from the same period a year ago, reflecting the actions we took to reduce costs, including the elimination of about 20% of our global salary positions late last fiscal year. managing discretionary spend closely, as well as the impacts of remote working conditions that reduce certain administrative costs, such as travel and entertainment.

Apr 29, 2021 / CFO / receipt, needs a key / Tim Lane, CFO | earnings call 2021-04-29 | transcript babb1813-274e-412b-bb32-be6a5468ab48 | chars 9516-9926 | segment 9