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Dealflow is very strong, and we believe that we are still the best partner in the industry. For fiscal 2025, we will have increased capital expenditures due to a higher number of organic new store openings and supply chain investments, and as a result, higher depreciation and amortization. And Eric, welcome back.
I have known Ramesh for a number of years, and he is familiar with our business through previous consulting work. We continue to experience healthy dealflow, which helped offset the margin impact of our system integration, which we estimate was approximately 130 basis points in the quarter. Gross profit increased 6.3%
Is this going to be more of a lead-gen innovation-type consulting business? Obviously, to us, it's about putting the best security consulting business that we can in that advice in the hands of customers, whether that results in further revenue and more product sales, perhaps, obviously, we hope so. Or is it more incident response?
in the prior-year quarter, and is inclusive of the mix impacts from NuVasive as well as $19 million of inventory step-up amortization related to the merger. Given the impact of step-up amortization on GAAP results, we are introducing an adjusted gross profit metric to better provide comparability with operating results. So two for me.
Our team's efforts continue to produce unique and proprietary dealflow, and we continue to identify attractive investment opportunities across all three external growth platforms. I had a conversation yesterday with a turnaround consultant who was very busy working with retailers. That's capitalism.
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