So you often get a little bit of a disconnect, sometimes the next quarter’s a little bit higher than the backlog, sometimes it’s a little bit lower. The backlog also doesn’t include all of the potential revenue in that, any of the units in backlog that haven’t completely gone through the studio process are still under clubbed a little bit. So those are things that kind of bring it back more into line, but I think you’d find that we’re normally pretty accurate on the ASP go forward forecast and we’re pretty confident with this one, so don’t see a lot of variability there.
John Lovallo: Okay. That’s helpful. And then maybe just going back to the gross margins and sort of the sequential €“ flat sequential gross margins in the back half relative to the second quarter. What are you guys forecasting in terms of direct costs maybe in lumber? And then how does the sort of the ASP flow into this as well?
Jeff Kaminski: Right. So on the cost side, most of the costs are more or less baked. We have a €“ the vast majority of our starts for the whole year, as Jeff mentioned, it’ll be started by the end of this month so that we don’t see a lot of variability on the cost side. Anything that happens with lumber upward down would be more an issue a bit in the fourth quarter, but even more so of an issue in the first quarter or an opportunity, I should say, in the first quarter of next year. So there’s not a lot of variability on the cost side. The prices are more or less locked because they’re a large backlog. And our expectations around what we do on quick moving units, kind of reflect what’s already in the backlog and kind of going off pricing and costs off some of those units.
So again, we have a lot more visibility this quarter than certainly than we had during our conference call earlier this year, which is one of the reasons why we wanted to go out for the full-year and provide some more details. And that’s kind of how it’s sorting out right now, fairly consistent margins and all the other guidance points that we’ve provided, we’re pretty confident.
Operator: And the next question comes from the line of Alan Ratner with Zelman & Associates. Please proceed with your question.
Alan Ratner: Hey guys. Good afternoon. Thanks for all the color and guidance. Appreciated. First question, I’d love to drill down a little bit in terms of what you’re seeing in the land market. I know you walked away from some additional option deals this quarter, and if I look at your lot count, it’s down about 35% year-on-year. Obviously a lot of that’s coming through option walkaways. But what we’re hearing is the land market is remaining pretty sticky and with home prices having declined, pick your number 5%, 10%, 15% in some markets, we haven’t necessarily seen that come out of the land market yet is what builders are talking about. So on one hand, you can wait and wait for that capitulation or on the other hand, if you’re kind of optimistic that the market is found a solid footing here, it would seem like you kind of have to make a decision to go out and start buying land again.
So I’m curious, a) what are you seeing in terms of that capitulation; and b) you pulled back quite a bit this quarter. How close are you to re-engaging in the land market again?
