And finally, as compared to our third quarter, operating expenses are expected to be slightly higher due to relocation costs and travel associated with customer shows, which will more than offset a decline in marketing costs associated with the SHOT Show, which took place in January.

Mar 10, 2023 / CFO / receipt, needs a key / Dena McPherson, CFO | earnings call 2023-03-10 | transcript aaea0e78-0e87-4dcd-b3fa-8137763e924a | chars 16402-16686 | segment 16

Operating expenses of $30.7 million for our third quarter were $1.4 million above the prior year comparable quarter, primarily due to $1.7 million of costs related to our planned relocation to Tennessee, as well as increased marketing, trade show, travel, and sales promotion costs, much of which is associated with a return to more normal business operations after pandemic restrictions began to ease.

Mar 3, 2022 / CFO / receipt, needs a key / Dena McPherson, CFO | earnings call 2022-03-03 | transcript 257d7149-d8d9-40a4-ad72-53e6f703a4c3 | chars 12776-13178 | segment 12

The net decrease in operating expenses was driven by reduced salaries, $4.3 million in reduced spin-related costs, lower stock compensation, lower trade shows and travel costs due to the pandemic, and lower consulting.

Jun 17, 2021 / CFO / receipt, needs a key / Dena McPherson, CFO | earnings call 2021-06-17 | transcript 6116ee6b-0ea2-4d12-81a8-485d63d6b50b | chars 14332-14550 | segment 14

Increased volume-related customer allowances were more than offset by reduced travel, lower advertising costs, and lower employee medical costs, likely due to the deferral of elective procedures resulting from the pandemic.

Dec 3, 2020 / CFO / receipt, needs a key / Dena McPherson, CFO | earnings call 2020-12-03 | transcript d07155d1-a4cf-43a2-9985-cac6329908b9 | chars 11951-12174 | segment 11