Question-and-Answer Session
Operator
(Operator instructions) Your first question comes from Dan Mannes with Avondale Partners.
Dan Mannes – Avondale Partners
Been a great quarter, everybody.
Barry Golsen
Hi, Dan. How are you?
Dan Mannes – Avondale Partners
Doing great. Just a couple follow-up questions. I'll try not to do a whole laundry list here. Starting on the Climate business, we saw a nice pick up in order flow in Q1 relative to what we saw in year end. I know it's early, but is there any commentary on follow-through, especially given the expected weakness or can you talk at all about what's happened first quarter end?
Barry Golsen
The only disclosure that we have made is that following a really terrific order level in the first quarter, which incidentally was the highest quarter on record for bookings that we have ever had as a company in our Climate Control business. Our bookings in April were just by coincidence, almost the exact numerical average of what all of our bookings were for all of last year.
Dan Mannes – Avondale Partners
Okay.
Barry Golsen
Then actually the last five quarters, if you average them all together. So, although, we haven't seen a tick up in April, we also haven't seen a tick down. I would like to point this out since you asked the question. What we have always said is we have a lumpy business, and we don't get over excited when we see a terrific month or quarter, and we don't get overly alarmed when we see one that's slightly down. We look at the trend and the order level over a longer period of time because of the lumpiness of our business in terms of the size of projects and things that we book.
Dan Mannes – Avondale Partners
Fair point. On the backlog number at 62 million, is this about the right level for you to meet your customer needs or would you like to be a little bit lower than this?
Barry Golsen
The important thing is to have lead-times that are consistent with what the market wants, and what we think we need to have to service our customers. Right now, we have good lead times that are in the range for the most part, that are perfectly acceptable. But all of our lead times are acceptable, some are better than others, and it depends on the product and the specific plant that it's coming out of.
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