Question-and-Answer Session
Operator
(Operator Instructions). Our first question comes from Paul Bodnar with Longbow Research.
Paul Bodnar - Longbow Research
Hi, good morning guys.
Tim Wallace
Good morning.
Paul Bodnar - Longbow Research
First question, in this quarter you'd said that the second half, you didn’t have kind of a disproportionate of leases coming up for renewal. Does that imply that the second quarter you did have a higher renewal number?
Tim Wallace
Steve, why don’t you answer that one?
Steve Menzies
Sure, Tim. Thanks Paul, yeah. Just to be clear, we do not have a disproportionate number of explorations in the second half for the year, not did we have a disproportionate number of explorations in the first half this year. It probably was very consistent, very smooth for us year-to-year.
Paul Bodnar - Longbow Research
Okay. Thanks. Then I guess, just one more of leasing as well. Can you guys give in kind of numbers around TRIP or what maybe that contributed in terms of operating profit at all?
Tim Wallace
Bill, you want to handle that?
Bill McWhirter
Yeah, I will. Paul, we had a very large car sale to TRIP in the second quarter, but when you get into the leasing statements, you'll find out that, there wasn't much profit associated with the sale. So in fact, we had about 3 million posted to the leasing company. We did have sales coming out of the manufacturing group, we don't break those out individually.
Paul Bodnar - Longbow Research
Okay. Well, just in terms of TRIPs contribution to any income coming back over?
Bill McWhirter
About $3 million to the leasing company.
Paul Bodnar - Longbow Research
About 3 million, okay. Then I guess, in the manufacturing segment, you kind of guided for negative 5%, negative 8% margins here in the second half. Then some of them we can kind of carry forward to next year or are there some cost you can takeout or if you stayed at you know those production models?
Tim Wallace
Well, this is Tim. It's too early right now for us to be trying to project anything for 2010. Too much uncertainty in the market and we stretched out there and trying to give you some general information of what we think, what we're looking at for the fourth quarter.
Paul Bodnar - Longbow Research
Well, Tim let me another way to ask you just, what else can you do in terms of that business to takeout some additional cost and what else is still out there?
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