Question-and-Answer Session
Operator
(Operator Instructions) Your first question comes from the line of Hamed Khorsand - BWS Financial
Hamed Khorsand - BWS Financial
I know you mentioned that the July 2, you closed the property sale on Canada, what effect is that going to have, what effect does that have on EBITDA and what would the EBITDA look like without the property.
Stephen Young
Essentially no impact. We’ve had the assets, the sales price was $2.250 million Canadian. We’ve had that asset held for sale for a quarter or two. It’s a building that we owned so we had depreciation and interest historically on that building. We have a small amount of expense there as we were just keeping it open but nothing material or significant.
Hamed Khorsand - BWS Financial
Were there any new Fortune 100 customers won in this quarter.
Robert Whitman
Let’s see, we have a couple. We don’t name them but we have one in our sales performance practice and one in our customer loyalty that are Fortune 100. The answer probably is is that we had significant number of new training things but in terms of major engagements that would involve the C Suite of a Fortune 100 company, we have had a couple of new engagements. We do a lot of training in the Fortune 100, Fortune 500 and Fortune 1000.
In fact in most of them we do some training but in terms of winning major strategic engagements, we have a couple during the quarter that were at the C level.
Hamed Khorsand - BWS Financial
And I think maybe I misheard this if you could clarify this, we the bookings in the third quarter higher than in the second quarter.
Robert Whitman
They were. And they were also higher than in the third quarter last year.
Hamed Khorsand - BWS Financial
And what was the biggest difference that propelled the increase from earlier in the calendar year.
Robert Whitman
Maybe I should respond to it two ways, one by channel, they happened primarily, the biggest growth occurred in the practices which included as we talked about before customer loyalty, execution, sales performance, education, those kinds of things. So in terms of practices they were there. In terms of offerings, they relate to those things which are more kind of the strategic things, execution and sales related.
Although actually our bookings on a year over year basis the bookings in our normal training were also pretty solid and off a little bit versus last year but not much. So it was a more solid quarter. I think the facilitator business being actually up is I think a good indication that the training business which, that makes up approximately, facilitator business domestically is $30 million a year approximately which represents almost half the direct offices training revenues.
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