Despite adding personnel to support strong organic revenue growth and travel and entertainment expenses continuing to trend higher as business travel resumes its cadence, we have been able to successfully leverage our cost structure resulting in a reduction in our SG&A margin.

Jul 28, 2022 / CFO / receipt, needs a key / Mark Pompa, CFO | earnings call 2022-07-28 | transcript ce8bd0d0-7f63-4cf2-a573-dc798a326ec8 | chars 12685-12962 | segment 12

We have also seen an increase in travel and entertainment expenses due to the continued resumption of normal business activities have incurred incremental expenses to support various information technology and cybersecurity initiatives.

Feb 24, 2022 / CFO / receipt, needs a key / Mark Pompa, CFO | earnings call 2022-02-24 | transcript bf2281c6-5489-437b-aa58-b8221e2d531b | chars 14444-14680 | segment 14

Additionally, Our SG&A for the current period reflects an increase in healthcare costs as the result of a normalization in the level of medical claims, as well as greater travel and entertainment expense due to a partial resumption of certain business activities by our workforce when compared to the same timeframe in 2020.

Oct 28, 2021 / CFO / receipt, needs a key / Mark Pompa, CFO | earnings call 2021-10-28 | transcript 24dc2147-7dc8-4cd6-9d15-4ea83387b188 | chars 13520-13844 | segment 13