SEC Filings Section 16 Filings Only
 
PFSWEB INC filed this 8-K on 03/28/2012.
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MARCH 22, 2012 / 03:00PM GMT, PFSW - Q4 2011 PFSweb, Inc. Earnings Conference Call

 

That’s well said. You can only imagine. But, yes, you are correct. We think it is an important part of the industry segment going forward, and those of us who can master ways to have it be a win-win financially for both our clients and ourselves own a very significant competitive tool.

Glenn Primack —PEAK6—Analyst

Okay. And will you guys be having a booth in Chicago at the eRetail or whatever that tradeshow is?

Mark Layton —PFSweb, Inc.—Chairman & CEO

We will have a presence there. I don’t know if that’s one of the shows that we will be exhibiting in. But we will be there.

Glenn Primack —PEAK6—Analyst

Okay. That’s it.

Operator

(Operator Instructions) George Walsh, Gilford Securities.

George Walsh —Gilford Securities—Analyst

Congratulations on the quarter and the year. Nicely done. I was just wondering, Tom, the depreciation and amortization looks like it ran about $6.3 million for 2011. Do you have a basic number given the CapEx in the new facility that you are looking at for 2012?

Tom Madden —PFSweb, Inc.—CFO & Chief Accounting Officer

It will be quite a bit higher because of the new facilities, plus the capital expenditures. Some of it is still an estimate at this time because we’re not exactly sure what will all be needed from a new client growth standpoint, what types of new clients will come on board, what infrastructure will be necessary to support them. But we did have a higher level of capital expenditure play in the latter half of 2011, of which we would’ve only had some incremental depreciation expense, and then, on top of that, we will have this incremental step into new facilities. So I would expect a relatively sizable jump between years, but it’s hard to predict exactly what that is until we get the requirements from a new client standpoint.

George Walsh —Gilford Securities—Analyst

Well, it sounds like something that would be over $8 million. I mean is it $8 million to $9 million plus?

Tom Madden —PFSweb, Inc.—CFO & Chief Accounting Officer

Definitely we have got over $8 million.

George Walsh —Gilford Securities—Analyst

Okay. And with these facilities and what you’re talking about, is a lot of this — is it straight line or very front-end loaded with the depreciation?

 

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