Question-and-Answer Session
Operator
(Operator Instructions) Your first question comes from John Inch - Merill Lynch.
John Inch - Merill Lynch
Could we get a little color on how the quarter progressed and I’m thinking, obviously you saw some improvement sequentially. Did things pick up toward the end and what have you seen thus far in July and maybe if you could provide a little color on kind of a segment basis, that would be helpful?
Robert Kuhbach
Well, instead of commenting by month through the quarter, I would split the quarter into first half versus second half. We clearly saw a strengthening and order rates building through the second half of the quarter versus April and the first half of May, and John, we’re very interested in this. So we have been monitoring activity so far in July and the July order rates seem to support the activity we were seeing in the second half of the quarter.
John Inch - Merill Lynch
Meaning, the improvement or pick up through the quarter held in July. Is that’s what you normally see in the third quarter or is the third quarter technically weaker first half, stronger second half?
Robert Livingston
It can be mixed. We would normally expect the second half of the quarter to feel some impact from what we would prefer to a European holidays. Though we can imply to a couple of years here in the last three to four, well, that has not happened. It’s been rather solid during the quarter. So we watching it very closely, John.
John Inch - Merill Lynch
Bob did that trend hold or was it kind of consistent graphically, because some companies are calling out actually deceleration in Europe, I’m just curious what you guys say there?
Robert Livingston
No, I would say that it held geographically, and the trend that I commented on fist half versus second half through the quarter, was rather consistent across all four segments.
John Inch - Merill Lynch
Okay and then just lastly, the $33 million you booked from Tyler, did that provide any kind of a clue as to what the kind of annualized or normalized run rate for revenues for Tyler could be.
If I’m not mistaken, I know when you had talked about it originally, you were fairly conservative in sort of what you thought you might be able to get and not every customer moves over, but I don’t know, the $33 million, does that provide a clue or are you able to retain more customers than you though. What sort of an annualized number do you think this could hold a clue toward?
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