Mike Egeck: Yes. Thanks, Andrew, for the question. The smaller sizes are a little more profitable for us. We do, particularly now that we do the bulk of our own tableting, have the ability to switch between bucket sizes during the season. The advantage we have this season is we’re just fully inventoried across all sizes. But the behavior we’re seeing in going to smaller sizes, and this is €“ I’m going to say this is anecdotal from our stores, but we have a lot of stores, and it’s a fairly common explanation when we ask our general managers what’s going on, and that people seem to be coming in with a monthly budget, if you would, for their pool. And so, they seem to be €“ you can’t manage sanitizers down because your pool size doesn’t change. What you can do is spread sanitizer purchases out by buying smaller buckets at a time. We think that’s what we’re seeing right now. But again, it’s a small quarter, weather, try not to draw any trends from it.
Andrew Carter: Appreciate that. Second question I would ask you, and this kind of goes back to where you’ve kind of consistently shown that you’ve outcome the industry. I know you said costs are set for you on Trichlor, costs are set for the industry. How do you think of the risk of your competitors sitting on too much inventory and that really being the leg down in deflation? And what’s your visibility into that to be able to react quickly and be preemptive or whatever on that? Thanks.
Mike Egeck: Yes. I don’t €“ I can only speculate about the level of competitors’ inventory. What we do know is that industry is fully inventoried. So, in that case, there is an opportunity for some rational behavior. We have €“ like I said, we haven’t seen that. I don’t think we expect to see it. However, as we said at our Investor Day, when we laid out our full-year guidance, we’re more than prepared to compete if we need to. What we’re not going to do is lose market share and sanitizers. And we believe that we have a cost structure where we are more than able to do that.
Andrew Carter: Thanks. I’ll pass it on.
Operator: Our next question is form Jonathan Matuszewski with Jefferies. Please proceed.
Jonathan Matuszewski: Great. Good afternoon and thanks for taking my question. My first question was just a follow-up on inventory. Curious if you could just break out, Steve, maybe just the increase in units versus price. I’m not sure if you could get as granular as the Trichlor units versus price, but that would be helpful. And then just a second piece of that first question is how you’re thinking about the rate of inventory growth in fiscal 2Q, right? So, I think overall inventory balances were up around 74% this quarter. Just thinking how should we expect that rate of growth in fiscal 2Q? That’s my first question. Thanks.
Steve Weddell: Yes. Both good questions. I certainly expect inventory to be up again in Q2. We typically will peak in our inventory the last couple of weeks of March, first couple of weeks of April. And then we start getting into, kind of replenishment cycle as season starts to kick off. So, would expect inventory to be up again in Q2, less so than in Q1, but still dollar increase. When you think about inflation, I guess, like stand out, and I talked through a fourth factor, it’s equipment, it’s chemicals, it’s M&A and it’s inflationary. And inflation was a Top 4 contributor to the increase year-on-year. Definitely have a larger increase from a unit perspective than from a cost perspective, but certainly have seen those costs flow through to the inventory balances as well.
