public function setup_globals( $args = array() ) {

		/** Slugs ************************************************************
		 */

		// If a WP directory page exists for the component, it should
		// be the default value of 'root_slug'.
		$default_root_slug = isset( buddypress()->pages->{$this->id}->slug ) ? buddypress()->pages->{$this->id}->slug : '';

		$r = wp_parse_args( $args, array(
			'slug'                  => $this->id,
			'root_slug'             => $default_root_slug,
			'has_directory'         => false,
			'directory_title'       => '',
			'notification_callback' => '',
			'search_string'         => '',
			'global_tables'         => '',
			'meta_tables'           => '',
		) );

		/**
		 * Filters the slug to be used for the permalink URI chunk after root.
		 *
		 * @since 1.5.0
		 *
		 * @param string $value Slug to use in permalink URI chunk.
		 */
		$this->slug                  = apply_filters( 'bp_' . $this->id . '_slug',                  $r['slug']                  );

		/**
		 * Filters the slug used for root directory.
		 *
		 * @since 1.5.0
		 *
		 * @param string $value Root directory slug.
		 */
		$this->root_slug             = apply_filters( 'bp_' . $this->id . '_root_slug',             $r['root_slug']             );

		/**
		 * Filters the component's top-level directory if available.
		 *
		 * @since 1.5.0
		 *
		 * @param bool $value Whether or not there is a top-level directory.
		 */
		$this->has_directory         = apply_filters( 'bp_' . $this->id . '_has_directory',         $r['has_directory']         );

		/**
		 * Filters the component's directory title.
		 *
		 * @since 2.0.0
		 *
		 * @param string $value Title to use for the directory.
		 */
		$this->directory_title       = apply_filters( 'bp_' . $this->id . '_directory_title',       $r['directory_title']         );

		/**
		 * Filters the placeholder text for search inputs for component.
		 *
		 * @since 1.5.0
		 *
		 * @param string $value Name to use in search input placeholders.
		 */
		$this->search_string         = apply_filters( 'bp_' . $this->id . '_search_string',         $r['search_string']         );

		/**
		 * Filters the callable function that formats the component's notifications.
		 *
		 * @since 1.5.0
		 *
		 * @param string $value Function callback.
		 */
		$this->notification_callback = apply_filters( 'bp_' . $this->id . '_notification_callback', $r['notification_callback'] );

		// Set the global table names, if applicable.
		if ( ! empty( $r['global_tables'] ) ) {
			$this->register_global_tables( $r['global_tables'] );
		}

		// Set the metadata table, if applicable.
		if ( ! empty( $r['meta_tables'] ) ) {
			$this->register_meta_tables( $r['meta_tables'] );
		}

		/** BuddyPress *******************************************************
		 */

		// Register this component in the loaded components array.
		buddypress()->loaded_components[$this->slug] = $this->id;

		/**
		 * Fires at the end of the setup_globals method inside BP_Component.
		 *
		 * This is a dynamic hook that is based on the component string ID.
		 *
		 * @since 1.5.0
		 */
		do_action( 'bp_' . $this->id . '_setup_globals' );
	}