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FLIR Systems, Inc. Q1 2008 Earnings Call Transcript

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2008-04-30 12:07:21.0

Tags: FLIR Systems Inc.

Question-and-Answer Session

Yes sir. [Operator Instructions]. Your first question comes from the line of Brian Gesuale [ph].

Unidentified Analyst

Nice quarter.

Unidentified Company Representative

Thank you.

Unidentified Analyst

I am wondering that, if you guys will care, maybe have Arne's share, a little bit more detail on product strategy and thermography, talk about maybe some of the new products that you expect to really hit and how the synergies with the distribution are really going to drive that business going forward?

Unidentified Company Representative

Yeah, that's about a half an hour answer. Let me just say that we have our roadmap for the total spectrum of products and the high volume product development that moves on and has been going on for certain period of time has been complemented by the acquisition of Ifara [ph] and still now that I expect distribution company and that's just principle to how is going forward and we will continue to develop products in both ends so are just the product such that which means higher and then lower. And we expect to see more of higher volume come through moving forward to the low-end side. And it's going to come as [indiscernible] or that in Q2.

Unidentified Analyst

Okay, terrific, maybe just one other question on the financial side. Can you talk about legal expenses, how they were incurred in the quarter and maybe how expect those to go out through on the year?

Unidentified Company Representative

I guess we are not going to say what they were but they are too much.

Unidentified Analyst

They always are.

Unidentified Company Representative

And unfortunately they'll probably remain fairly high for us throughout this year, due to couple issues that we hope will be solved by the end of the year. But there are running higher than we'd like that's for sure.

Unidentified Analyst

Okay. Great thanks a lot guys.

Operator

And your next question comes from the line of Antonio Antezano [ph].

Unidentified Analyst

Good morning.

Unidentified Company Representative

Hi.

Unidentified Analyst

I was wondering given the very strong backlog that you reported, what is preventing you from raising your guidance for the full year.

Unidentified Company Representative

Conservativeness we'll look at that. Well I think conservativeness. We'll look at it the end of Q2 and that's what we've done every year basically. We don't like to do quarterly guidance particularly and I think that won't give it a good strong review at the end of second quarter and that we think it should be adjusted for full adjustment.

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