Question-and-Answer Session
Operator
Your first question comes from [Metra Rambucca] your line is open.
[Metra Rambucca]
Yes, hi good morning guys. Steve if you could just remind us again how much in revenue Edison contributed to the quarter?
Stephen O’Hara
Jim, you want to recite those numbers again?
James Shaffer
Sure, Edison’s revenues were $3.6 million in the third quarter and $10.8 million for the nine months.
[Metra Rambucca]
Okay, thanks. I know SG&A was about 10% in the quarter and your goal is to keep it around, below 11, I guess it will be a little to aggressive at this juncture to expect the 10% to be [solid] in the third quarter, to continue?
Stephen O’Hara
Well again, the quarter to quarter variations Mitchell can be affected by a number of things, whether they be accruals or just actual occurrences. We’re pleased that actually our third quarter did come in at the 10% number but, I think for modeling purposes, we stated all along we thought we could get SG&A to 11%. I think that might be a better run rate number for next year for modeling purposes. Obviously as we put together our budget, and we’re doing that now for presenting to the Board in January, we’re going to do our darnedest to, once we break through that, why would I go to the next level and [down]? Right now, I’d say our run rate for the year-to-date is 11.7%. So bringing next year’s total year down to 11% would be nice progress.
[Metra Rambucca]
Right, okay thanks. And I guess if you’re in a position to look at the top line again for the last several quarters, we’re seeing it hovering around 1-2% and I believe, you know, you’ve expressed a number of about 5% plus organic growth you think is doable, based on what you’re seeing, you still think that that’s a reasonable goal?
Stephen O’Hara
Yeah, next year, I think we’ve actually said 7 to 10% range on organic growth we’ll want to get to and I think next year we hope to be in the low end of that range. Now in fairness and in full disclosure, we have the benefit of one extra week of the year so that gives us 2% right out of the gate. But we do think we’ll be in the low end of that range 7-10% next year.
[Metra Rambucca]
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