Question-and-Answer Session
Operator
Thank you. (Operator instructions) Our first question comes from the line of Kevin Money with Cleveland Research. Please go ahead.
Kevin Money – Cleveland Research
Good morning.
Mike Goldberg
Good morning.
Larry Boik
Good morning.
Kevin Money – Cleveland Research
I just wondered if you could provide some color on what impact you guys are seeing from the 787 delays. And also, just last quarter you referenced the A380 and the joint strike fighter delays and I was wondering if you can give an update on what you are seeing on those programs there.
Mike Goldberg
First of all, the 787, our direct involvement in that, obviously, today is very small. And so we didn't plan on having too much impact to that. We actually do–we do provide some titanium to the engines that go into the 787, so that's going to slow down a bit. But that's a – it's a relatively small amount of revenue. So, directly, that's not going to have much of an impact on us. In terms of the marketplace – the extent of that – there is aluminum – heat treated aluminum on the plane that will slightly impact the overall market supply-demand balance, but not – we don't think significantly. In terms of the A380, the JSF, really nothing has changed since the last time we spoke. And we are anticipating some pull through on the A380 in the second half of the year as the production starts to ramp up. And that is a critical factor to us and to the whole marketplace as a major consumer of the heat treated plate.
Kevin Money – Cleveland Research
Great. Thank you.
Operator
Thank you. Our next question comes from the line of Nat Kellogg with Next Generation Equity Research. Please go ahead.
Nat Kellogg – Next Generation Equity Research
Hi, guys. Nice quarter. Just one quick question. On the share count, it seemed like it was a little bit lower than Q4. Did you guys buy back shares in the quarter?
Larry Boik
No. This is a result, Nat, of the 2005 through 2007 long-term incentive plan. And what we did is the plan pays out in shares, but we withheld a certain amount of shares on the payout, elected – and that's for withholding tax, and we elected to pay that in cash instead. And hence, that's the difference in the share count.
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