Question-and-Answer Session
Operator
(Operator Instructions) Your first question comes from Jesse Pichel - Piper Jaffray.
Jesse Pichel - Piper Jaffray
Can you repeat your backlog again? And how much of this is now take-or-pay given that you acquired perhaps the biggest take-or-pay customer?
Harry W. Zike
In the 10-K that we filed this morning, you will see there our backlog is approximately at $1.6 billion. That represents take-or-pay commitments as well as firm commitments, including purchase orders, and other contracts that we have. So it's a total of $1.6 billion. Included in that number you will see, as well, that the take-or-pay from SIT, which is approximately $570.0 million.
Jesse Pichel - Piper Jaffray
We eliminate that now from the backlog, right?
Harry W. Zike
Yes. Going forward, in our future filings, we will be taking SIT out of the backlog. But of course we will be adding our new projects as we achieve those.
Jesse Pichel - Piper Jaffray
Regarding the guidance which you say is back-half loaded, or back-end loaded, if next quarter, which is somewhat of the growth quarter in the industry, is flat sequentially how can you show growth in the December quarter and March quarter when the entire industry is really saying that those are going to be seasonally lower? Are there some specific projects there that give you that visibility or what is going to buck that seasonal trend?
Mark Morelli
We have some very good uptick in our quoting activity and particularly we see that, because we are doing direct quoting, we're at that type T, part of that seasonality is also impacted by the German market. As we know, that's one of the most seasonal markets that there is. Our exposure in our fiscal year 2010 out to Germany is only about 10%. So we're going to see less seasonality perhaps than other folks, and we do believe this is quite representative of what we see in our project pipeline.
Jesse Pichel - Piper Jaffray
And now that you have installation capacity, would you consider, or have you ruled out, potentially installing crystalline modules on rooftops, specifically those that don't penetrate the rooftops?
Mark Morelli
Certainly our installation capability has done some poly crystal and panels. Right now we are focused on the laminates but we're not going to rule out solutions that don't make sense for customers. And we're obviously going to want to be customer-driven and provide them with the solutions that make sense.
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