Rachel Vatnsdal: Hi guys. Thanks for fitting me in. So I wanted to follow up on some of the earlier questions around margin and the P&L guidance for the year. So there’s a fair amount of moving pieces throughout that P&L given the restructuring. So, I appreciate your comments on EPS being 40:60 between first half and second half. Can you give us some color on margin cadence throughout the year? Going from that greater than 15% EBITDA margins in 1Q to 18 for the year, what should we really expect from a 4Q exit rate and then I have a follow-up as well. Thanks.
Glenn Coleman: Yes, I don’t think we want to provide too much more color on margin performance. I would just say, Q1 is expected to be the lowest quarter of the year. We said greater than 15% EBITDA margins. Obviously, that would imply the back half of the year doing north of 20% EBITDA margins with Q4 exiting at the highest rate. So, I think that’s how we’ve laid it out overall. And again, for our full year, we expect to be greater than 18% for EBITDA margins. So I think that’s all the color we’re going to provide at this point. Thanks, Rachel.
Rachel Vatnsdal: Got it. And then just a quick follow-up just on supply chain and you’re off you guys play that those constraints continue. So can you just talk about what is assumed from supply chain constraints heading forward throughout 2023?
Glenn Coleman: Yeah. I think first and foremost, the supply chain constraints really surround electronics and electronic components. It hasn’t gotten any worse. It is moving in the right direction, but we still have challenges. What we assumed is things get a little bit better throughout 2023. I did mention in my prepared remarks, one of the upside possibilities we have in 2023 is seeing a better improvement than what we’re modeling. So I think I have modeled a pretty conservative view on supply chain and some of the constraints we’re dealing with. If it actually is better than our assumptions, it would lead us to a chance to overachieve. So, I think we’ve been pretty conservative in how we’ve laid that out. Thank you.
Rachel Vatnsdal: Great. Thank you.
Operator: Thank you. And with that, I will conclude the Q&A session, and turn the call back to Simon Campion for final remarks.
Simon Campion: Thank you, Carmen. So in closing today, I would like to reiterate my thanks to the entire Dentsply Sirona team, including those employees who’ve left recently for their valuable contributions to the organization and their unwavering commitment to our customers. The past year was challenging and the transformational work we have ahead of us will not be easy. However, I am confident that Dentsply Sirona has a bright future ahead. We are already making significant progress, which will benefit all stakeholders over the long term from customers to employees to investors. Thank you for your time today.
Glenn Coleman: Thank you all.
Operator: Thank you. And with that, we thank you for your participation, and you may now disconnect.
