Question-and-Answer Session
Operator
(Operator Instructions) Your first question comes from Simon Leopold - Morgan Keegan.
Simon Leopold - Morgan Keegan
Could you round out the list of top 10 customers as you have in the past?
H. Andrew DeFerrari
The number six was Charter at 5.8% of revenue, Qwest at 3.3%, Windstream at 2.6%, Cox Communications at 1.4% and Cablevision at 1.3%.
Simon Leopold - Morgan Keegan
Verizon, key customer, has a unique contract that expires in August of this year. Understanding that handicapping any contract issues are hard, so I am not predicting a strike here but if you could maybe reflect back on previous years with either Verizon or AT&T or other RBOC customers, have you seen past shifts in behavior that maybe have benefited your work leading them to accelerate? And if so how you are thinking about that in your guidance?
Steven E. Nielsen
Yes, Simon, there have not been very many strikes in the industry. The last one of any magnitude that I can recall was in ?89. So we are talking a long time ago. So we are not reflecting any expectation of a change in behavior either positively or negatively as they work through their contract renewals. And beyond that I don’t think it’s appropriate for us to speculate. It’s their issue and I am sure they will work through it as they have before successfully.
Simon Leopold - Morgan Keegan
Whether there is a strike or not, the potential for them to prepare for one, does that lead them to accelerate some work and maybe lead to a little bit of improvement in your July quarter?
Steven E. Nielsen
We are not anticipating that in the guidance that we’ve provided, Simon. Anything is possible. Although as I said, there is not a lot of case history here to figure out one way or another what it is. I just think we have to deal with it if and when it happens.
Simon Leopold - Morgan Keegan
And just to close out, the split between telcos and cable?
H. Andrew DeFerrari
On the telco side it was 47%, cable was 30.1%, utility locating was 18.4% and then the electrical and other was 4.5%.
Simon Leopold - Morgan Keegan
The guidance on the other income line, I think suggests a decline of $1.1 million, is that from the GAAP number of $2.67 we should think of that?
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