Matt O’Brien: Got it. Thanks so much.
Operator: Thank you. Our next question comes from the line of Mike [ph] Matson of Needham & Company.
Unidentified Analyst: Yes. Thanks for taking my questions. It looks like your capital growth was pretty strong. I just wanted to see if you had any kind of feel for the kind of environment there with hospital capital spending and then one of your main competitors, Stryker is launching a new camera and powered instruments. And based on your results, doesn’t look like it’s having any sort of impact, but I just wanted to see what your thoughts were there?
Curt Hartman: I think overall we still view the capital market as pretty viable market. We’ve not seen any material slowdowns. Again, I try to remind people our capital is on the lower end, and it’s essential to doing the case. If your power tool is broken, you have to have a replacement repair or an upgrade new purchase, whatever competitor comes into that market when they bring a new product, it does open up evaluations and we try to be present in all of those evaluations, and we try to get our fair share and grow our share. We certainly have a lot of respect for our competitors in those marketplaces and what they’re doing, but we’re out there aggressively trying to show the features and benefits of our products as well, and we’ve been down this path before.
This is a family of products on the power tool side that upgrades every three to five years. On the video side, it’s more frequent because of the nature of that technology. But we feel good about our offering right now and had really strong performance, as you noted in the quarter, and internationally had very strong performance on the capital side, so it was great to see.
Unidentified Analyst: Okay, thanks. And then just on the 60% gross margin target, the path to getting there over the next two years, I think prior commentary sort of indicated that you expected a bigger increase in 2025 than 2024. I don’t know if you’re willing to give any more detail there, but is it going to be linear or is it going to be more related to sort of 2025?
Curt Hartman: Yes. You’re correct, Mike. When we talked about that back in January, I did, it was a little more conservative in 2024 than 2025. The logic just being, again, a big part of that is simply the cost side of the equation stabilizing, and I was planning on just a little bit of recovery from the inflation period, so I’ll remind you that we – our math says that we digested 400 basis points of inflation during the pandemic from a combination of freight, labor and materials. I’m only counting on about 100 basis points of that coming back, so I don’t really ever expect to get back to 2019 index costs. And in my assumptions when we talked about that at the beginning of this year, I would have had that 100 basis points of relief from the inflation side occurring in 2025, so I think that was conservative in that kind of assumption. So, yes, that’s a long way to say we do expect the margin tailwind to pick up as we move from 2024 to 2025.
Unidentified Analyst: Okay, got it. Thank you.
Operator: Thank you. Our next question comes from Kristen Stewart of CL King.
Kristen Stewart: Hi. Thanks for taking my question. Todd, I was wondering if you’ve done the math on the two extra selling or two fewer selling days and what that was the impact on the quarter.
