Question-and-Answer Session
Operator
(Operator Instructions) your first question comes from Brian Gesuale - Raymond James.
Brian Gesuale - Raymond James
Bob, I’m wondering if you elaborate on a couple of those big opportunities, again wondering if you could maybe elaborate on some other things you guys are looking at over the next six months, as you’re billing kind of those singles and doubles around some of those bigger opportunities?
Bob LaPenta
I think we’re seeing increased activity in the Intel identity space really around the world. Our bids outstanding are probably on an all-time high. Regarding the second half, we really don't have any large opportunity that we think will impact our near term operations, other than the two I mentioned.
One is the second complement of HIIDEs for the Afghan build up and another one is a IP enterprise opportunity with the U.S. customer that again identify. Both of them have been approved. The HIIDE opportunity is in procurement. We expect to actually book that in a next couple of weeks and the other one has been approved by the customer is in the procurement cycle and if we book both of those, again I think our confidence goes from 90% to much higher than that for the second half.
Brian Gesuale - Raymond James
May be just following up on HIIDE, because its so critical to margins as well, can you kind of give us an expectation of what the first half of the year for HIIDE look like versus what you think this ramp will be in the second half?
Bob LaPenta
I think we indicated we had about $11 million of HIIDE and PIER bookings in the first half and I think we’re talking about the same number in the second half.
Brian Gesuale - Raymond James
My final question, I think you mentioned that Registered Traveler was $5 million any you wrote off a receivable, can you talk about any margin impacts and correct me if those numbers were wrong please?
Jim DePalma
Yes, now we had what margin we’re recording on the recurring sales on it.
Bob LaPenta
Not much.
Jim DePalma
Not much, but it was important. The model on that program was, we made an investment and we provided really the first year of implementation and maintenance for free. That was going to be recovered and in subsequent years on a recurring basis. We basically had a ten contract for the system integration.
- To read the full transcript on Seeking Alpha, click here »
