to the to morning, of quarter the Eastern’s XXXX, as Thank on first quarter this I’m In focus compared you, Gus. for results XXXX. first my remarks going of
from and – XXXX, to X Sale while growth of contributed price Big of quarter increases new first products first Sales million XXXX. net of first products – sales X%. the the the existing increased was largely by quarter the and increased X% price Precision. new X%, to For $XX.X new in inclusion attributable in $XX.X quarter million
top and include latch, pull the door power a bar industry. plate a a handle and an lock finger latch, mount emergency mount module, water cross and various New serving a castings lock assembly, products industrial gas assembly
XXXX. Sales million of in segment quarter from $XX.X XX% in the increased in the of by first XXXX industrial hardware first the to million $XX.X quarter
decreased XXXX. Precision, of quarter the the in compared sales X Big segment to XX% first Hardware first Industrial quarter in Excluding the
the and parts. replacement markets in certain and operations taken off-highway military Especially distribution, last-half COVID-XX. closed truck, to they during sufficient to specialty the offset truck when sales in of vehicle, declines spread had help aftermarket to customers were not of recreational due stop their March, Class X the Increased actions vehicle
XXXX decreased distribution, majority the of XX% the Security to to Products of in lower serve, we quarter including the industrial, Sales quarter due first segment XXXX the markets first in XXXX demand compared across the of vehicular of supply as in systems for generated and accessories door mechatronic and XXXX. in of a did laundry, not sales latches, as loss commercial reoccur quarter RV contracts the that first padlock which well
Metal first the the to first mining of casting of XXXX. of in quarter decreased first the Products first Sales to products XX% decreased sale decreased compared compared the XX% and quarter in quarter the quarter industrial XXXX. segment in products of Sale XX%
Mining capacity, sales quarter, energy in the warm extremely on unusually first and led growing usage. the which first back renewable natural impacted gas coal quarter weather cut utilities prices were a combination low by of in to
of internally. had their to XXXX, Sales were products negatively customer facility by of been the production castings a sourced from at us that quarter a which would loss in impacted otherwise of temporarily products the shutdown due fire who in first industrial have temporarily sourced
the from addition, a serving were contracts to In sales completion impacted negatively industry. of transit customer due the
the sold the X a XXXX, inclusion result Cost quarter in first primarily quarter first Precision. of million, compared increased of products Big of to the as X% $X.X or
cost sold by Precision, have the Big decreased Excluding products sales reduced X of levels. reflecting would XX%,
million, first Gross XX% The expenses reduction XXXX. strategic XXXX. to adopt sales quarter in in development relates to the leaner XX% margin decision to the the the in made to Product was first first of of this place a of vision operation or approach of as Road-IQ of took XX% $X.X Washington, decreased a to percent a in first closure of development Bellingham, the quarter, in compared which the quarter development new quarter XXXX, compared in products. quarter second the expense Velvac the
and $X.X of result the of primarily inclusion expenses million, Selling or quarter compared Precision. XXXX, as first in the X first Big XX% a the to administrative quarter increased
or X expenses by million. the from $X.X this million, in Precision, payroll XXXX. to have the contributing $X.X expenses decrease Excluding factor and Big decreased payroll-related XXXX a selling most first quarter of significant reduction first in The administrative of quarter X% and would was
million of quarter million $X.X generated $X.X the for by sheet first operating balance was cash first the and with Cash first the compared million million line of review generated $X.X flows. to of quick first approximately during was in during the the activities XXXX. approximately a quarter $X.X expenditures For XXXX. quarter quarter XXXX, of XXXX, Capital for
expenditures uncertainties, As approximately the commitments to for limit capital $X.X of we remainder of In $X to XX, was million XXXX call. we critical investment on XXXX, XXXX. return of decision point light capital the maintenance, regulatory, strategic made the as those had outstanding safety, current of March on with to the QX XXXX, immediate earnings our and that compared previously – year fiscal the projects special communicated fiscal for for million there
March of XX, equivalents $XX.X of covenants. and million, we and with and total $XX.X our approximately of in we cash were approximately XXXX, As bank cash had total debt million compliance
the for questions. turn over now call I’ll to Chris