Compilation/Importer not recognizing hyphenated words

When I run a glossary compilation or import a text file using the Importer, IT7 (version 7.20) is treating hyphenated words as 1 word.

I've got the Hyphens Separate Words option checked under Compilation Options, but it doesn't seem to be working.

Example: The short for "Abbott-Gill" becomes "a" rather than "ag" as it should be.

This persists when I convert words to phrases and convert the short forms for 2-word phrases from the 1st letter of each word to the 1st 2 letters of each word (Example: The "a" short form in the above example converts to "abbl" as if the entry is 1 word rather than 2.

Is there a setting I'm forgetting about? Thoughts?