Overall selling, general and administrative ("SG&A") expenses increased $12.0 million, or 43%, from $28.0 million in 2009 to $40.0 million for the twelve months ended December 31, 2010, largely due to the Bigler and SLE writeoffs. As a percentage of revenue, SG&A increased from 8.2% in 2009 to 12.5% in 2010.The Company's days of sales outstanding increased slightly to 56 days at December 31, 2010, from 55 days at December 31, 2009. Bad debt expense was approximately 3.3% and 0.2% of revenue for the years ended December 31, 2010 and 2009, respectively.
ENGlobal Reports Fourth Quarter And Fiscal Year 2010 Results
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