Operator: Our next question comes from the line of Angel Castillo with Morgan Stanley. Your line is now open.
Angel Castillo: Hi. Thanks for taking my question. I just wanted to unpack a little bit more of the 2023. As you think about a second half that’s a little bit more back-end loaded, can you just talk about other than destocking perhaps abating in some pockets, what are the aspects of the business that you would anticipate to kind of accelerate, as we move to the second half and/or improvements that you would kind of anticipate specifically, on the price/cost side, or is there some end markets where you would expect better results?
Thomas Salmon: I think in general, as we €“ we anticipate improved dynamic backdrop versus what we’re coming into the year or you’re going to see all both rise as a result of that. Clearly, we’ve got a more stable raw material environment right now. And clearly, if we see any type of improvement in terms of FX and currency, that’s a net benefit for the company as well. And even though, given that we’ve done a very good job in passing on inflation throughout the year, I would definitely describe the materials and input cycle that’s being better and certainly more stable in 2023 than we started 2022.
Angel Castillo: That’s helpful. Thank you. And then as you think about your capital structure or capital allocation, clearly, you and the Board are working hard to kind of fine tune. And as you think about leverage in particular can you just talk about why is three to 3.9 times kind of the right range? And as we think about potential for kind of further delevering from the 3.7 I think a lot of the peer group is maybe below 3.5. So why not delever further kind of near-term just given the macroeconomic environment? Just how are you thinking about that capital structure from your strategy perspective?
Tom Salmon: Well, first, we’re thrilled that the company is now at the lowest leverage level in the history as a publicly traded company. We demonstrated our ability based on our cash flow since the RPC acquisition to dramatically delever the company quickly. We can continue to do that. That said, given the current environment and the fact that our valuation is incredibly low and that the stock is undervalued, we wanted to take the opportunity to first buy back that stock as quickly as we can taking advantage ultimately of that opportunity; two, recognize that there’s another component of our shareholder base that desires a dividend and can expose us to a new pool of investors. And at this time those are the two absolute right investments to make, coupled with the continued investments that we’re making in organic growth. Should we choose to do so as we see the valuations improve, we can clearly and as we demonstrated delever the company quickly.
Angel Castillo: Okay, guys. Thank you.
Operator: Our next question comes from the line of Mike Roxland with Truist. Your line is now open.
Mike Roxland: Thanks, Tom, Mark. Dustin. Appreciate you taking my questions. Just wondering if you can comment about the cadence of volume growth during the quarter. It seems like a number of your peers have pointed to a particularly weak September as the consumers sort of retrenched during that month. And I just wanted to follow-up Tom on your comments also that your customers pointing to some softer demand. What type of €“ can you comment as to the line of sight they have? Are you’re talking about October? Are you talking about November, December? Just trying to figure out where demand €“ where demand trajectory started?
