Michael Swartz: Okay. That’s helpful. And that kind of leads into the next question. I think, Fred, you had made comments just on maybe what you’ve seen at some of the early boat shows. And I think you said you’re up both year-over-year and versus 2019 levels. But just a clarification on that. Is that in units? Or is that in dollars? And then maybe just clarify a little bit on the — some of the discounts or incentives or rebates that are being offered at some of these shows. Is there any way to quantify maybe the level of discounting this year versus 2019?
Fred Brightbill: Well, the first comment is, with the boat shows, that’s with regard to units. That’s why we track those — we track amongst it 2-week window after the end of the show. So we’re giving you the results from those shows that we’ve had — the shows have taken place and we’ve had a couple of weeks after to finish up closing leads. So that was one part of your question. And the second part, George?
George Steinbarger: Yes. In terms of promotional activity, I think, as Tim mentioned earlier, while we’re certainly seeing higher promotional activity this year versus the last 2 years compared to ’19, we’re not seeing — we’re not back to ’19 level of promotional activity. If you recall, we ended ’19 with heavy inventory which resulted in heavy promotions. And I would say as a whole, we’re probably not back to that level. But I think certainly, our expectation is that the competition will get more aggressive as we get into the retail selling season, depending on what happens in the macro-economic environment and our guidance and our plan provides us the flexibility to appropriately adjust our level of discounting to make sure that we are appropriately taking share where we expect to. So — but I would say it’s still lower than where it was in 2019.
Tim Oxley: Sure. If I had to put a number on it, I mean Q2, a combination of retail rebates as well as additional floor plan cost probably would be a headwind of about 150 basis points if I were to drive a number.
Michael Swartz: Okay. And I assume that’s a year-over-year .
Tim Oxley: That is correct.
Michael Swartz: Okay. And then just final question for me, just more of a house — maybe a housekeeping question. In the second quarter, I think there was a pretty big drop in OpEx dollars. Was there something timing-related in that? Or was this kind of the new run rate that we should be thinking about going forward?
Fred Brightbill: The estimate of capital expenditures for the year hasn’t changed. Since that the…
Michael Swartz: No, no, no. I’m sorry, not CapEx operating expenses. So SG&A and sales and marketing.
George Steinbarger: There is some seasonality there, Mike. Obviously, we’ve got a return to boat shows. So you’re going to see some higher operating, especially on the sales and marketing side in the second half of our year as we kind of go back to boat shows, travel expenses supporting the port — boat shows, those types of expenses are going to be more back-end loaded or second half of the year loaded as an example. So I would expect to see higher levels of operating expense in the second half of the year versus the first half.
Operator: And I’m showing no further questions. This concludes today’s conference call. Thank you for participating. You may now disconnect.
