Richard Galanti : We’ll let you know next quarter. I mean we have a lot of levers, as you’ve mentioned, as you suggested, to pull and push. We’re also aggressive on pricing when we want to be like in the fresh foods area that I just mentioned. And we’re blessed right now with — in some categories like gas that is a better margin. So all that stuff, again, there’s a variety of puts and takes. We feel overall, there’s nothing unusual about this quarter. And frankly, if inflation is not rising again, even if it doesn’t go down, but it doesn’t rise again from its current levels, we’re in pretty good stead of greatly improving the component of margin that relates to a LIFO charge, particularly in Q3 and 4 when we had a $100-plus million number and a $200-plus million number. But that’s to be seen, and we need to wait and see.
Scot Ciccarelli : So just as a follow-up on that, Richard, like fair to say that we’re going to see lower freight rates starting to flow through the P&L and let’s call it, less markdown pressure because the inventories are cleaned up a bit more than the last few quarters?
Richard Galanti : That should help you a little bit. Sure. But as you might expect and one of the reasons we took this charge is we don’t want to have to have the buyers worry about inputting higher costs into their — if rates have come down and we contracted, we want to take some of that out. But that’s still being worked through. That’s not — we have to continue to do that. Beyond that, as rates come down, you’ll see our prices on items come down, too. Okay. Why don’t we take two more questions?
Operator: Certainly, Richard. Thank you. We’ll go next now to Karen Short at Credit Suisse.
Karen Short : Hope you all have happy holidays coming forward — going forward. But I did want to clarify on two things. So in the past, when you have had slightly weakening traffic trends that has generally been a point to consider to actually push through higher membership rate increase. So I’m wondering, I know this is a very unusual time, but has that philosophy changed at all? Because obviously, your comps are changing or in — or slowing? And then I would ask the same thing as it relates to the special dividend. We all know what your cash is and available cash is on the balance sheet in terms of timing with respect to announcing something like that along the lines of the fact that I think your Board meeting is mid-January?
Richard Galanti : We have one every quarter. Look, we talked about both of those. In terms of the fee increase, I think over the last many years, we’ve probably done them at a time when things were particularly strong comp wise. The good news is during all times, renewal rates were strong and have gotten even stronger. We always look at ourselves in the mirror and feel that the value proposition has gotten better. That being said, we have done them — I remember one time we were asked, it may have been back in ’09, ’10, during the Great Recession because I guess we did one probably in ’11 or ’12, which continued the Great Recession. And we’d be asked given the Great Recession, would you hold off on it? And our view was — and comps were a little weaker back then, too, for at least a couple of quarters.
