Jack Springer: I’m not sure that Jamie Katz has been queued up on the Q&A session.
Operator: And Miss Katz, is it possible your phone is on mute? [Operator Instructions]. The next question comes from Jamie Katz from Morningstar.
Jamie Katz: I think you guys had mentioned the first half revenues were going to be down 20%. So I think that sort of back-end loads 2024. And I’m just curious what gives you guys the confidence to feel like maybe there will be a little bit of bounce back in consumer sentiment at the beginning of next calendar year to support that, given what we’re seeing currently?
Jack Springer: Obviously, we can’t predict the year. We have a really good, I think, vision on what that first quarter is going to look like. And we think that if there is a rebound, we can’t promise a rebound in the second half, but we believe that, that could occur in the second half. And so that’s why we plan the second half up a little bit. But ultimately, the year is going to pan out and we’ll know a lot more each quarter.
Jamie Katz: Are you guys seeing anything different in how consumers are maybe adding on upgrades? I know the fourth quarter sounded pretty solid, but has that changed at all as we’ve entered the new year? Is it that consumers are picking and choosing what they’re adding just more cautiously to their units?
Jack Springer: No, that’s an interesting part of the dilemma. We are seeing, obviously, some of the velocity of the volume go down but we’re not seeing the ASPs. They continue to order and put the people that are buying boats are putting new features, new options, upgrading the features [notes] that they used to have. So we’re not seeing that from a standpoint of the ASPs as strong across the board.
Jamie Katz: And then lastly, is there any update to the utilization of the new facility. I know you guys had talked about pontoons in the past, but any update there that would be noteworthy?
Jack Springer: As we said, we talked about is going to be additional capacity. And so part of what we are doing with that, and we’re not utilizing all of the facility for it, but we’re going to be moving a part of the cobalt smaller boats to that facility for a couple of reasons. Number one, we, for a number of years, has just been up against the ceiling in the number of boats that we can produce and we think that it’s going to be that way again in a relatively short period of time. And Cobalt is one of the strongest brands that we have with all new product. And so as we come out of this, we think Cobalt is going to grow very, very quickly and have the capability or need the capability of producing a lot more units. So that’s the first foray that we’re going to utilize out of that 260,000 square foot facility, and we’ll start that in the second half of this year.
We’ll continue to build boats in Kansas. Some will be small boats and largely, it will be cruisers, but we’ll have two different locations that we’re building Cobalt. If we can’t make an enviable acquisition of a pontoon company over the next 15 to 18 months, then we would look to greenfield pontoons in the rest of that facility.
Operator: The next question comes from Brandon Rolle with D.A. Davidson.
Brandon Rolle: Just briefly on the Ski Wake category. Do you feel like the category is being impacted by potentially other segments that might be able to bring along some of the same features that Ski Wake boats already provide?
