Question-and-Answer Session
Operator
Thank you. (Operator instructions) Our first question comes from Alexander Paris with Barrington Research Association.
Alexander Paris – Barrington Research Associates
Good afternoon. Great quarter.
Henry Knueppel
Thank you, Alex.
Alexander Paris – Barrington Research Associates
So much information, I'm still processing it here. But could you just give a rough idea of – you had given estimates of the accretion to earnings from the four acquisitions last year. Could you give a rough idea of how much they contributed in the first quarter and/or what is your – do you still have the same forecast for the full year?
Mark Gliebe
We do have the same forecast, if you go back and revisit what we said, we said that in terms of sales, about $477 million as compared to $130 million last year. If you take the mid point of the range of all those acquisitions, it's about $0.34 for this year. And again, we feel very confident that that is where we'll be. And I think, I don't take it all the way down to net income, with all of the moving pieces certainly below margin, but I think we were certainly in the line with kind of the pro rata portion of that for the quarter.
Alexander Paris – Barrington Research Associates
Okay. And the raw material price – your price increases, I presume your competitors, are you seeing maybe what your competitors are doing, that you are pretty comparable with their price increases?
Dave Barta
I think all the competitors are seeing the same thing we're seeing and we see price increases from most of our competitors.
Alexander Paris – Barrington Research Associates
And looking at the housing vulnerability, I would imagine, I think it's nine quarters in a row now, residential constructions being down. Isn't there some point here, or maybe you can identify where your year-over-year comparison starts getting a bit easier?
Henry Knueppel
By the book, it was easier this time last year and easier now than last year, but the book doesn't work in this situation Alex, as you know. Our customers are seeing down 10 to 12 for this year, and next year I would say they're expecting to see either flat or up. And there's no perfect science as you know to that.
Alexander Paris – Barrington Research Associates
I guess if we look at the quarterly seasonal pattern, you'd think right off the bat the high building season, the second and third quarters, is that pretty much where you've got the most exposure or maybe they start ordering before that?
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