Ron Tsoumas: Yes, I think we’ve done, the team has done a great job in capitalizing being I guess €œearly mover within this space because we have such a rich history, we have the capacity in the manufacturing systems and everything on three continents to support all of the EV in a more local manner. So we’re really, we were in a good spot. And as Don mentioned (ph) with Tesla. So we’ve been mixing it up for quite a long time. So we’ve been getting some good looks with our existing relationships with the OEM, the automotive OEMs, and we’ve done a good job of closing business.
David Kelley: Okay, got it. That’s really helpful. Maybe one more follow up on the — on the supply chain discussion that’s been ongoing here. Curious, if you’re seeing any signs of improved visibility or incremental product availability and I guess taking a step further, do you foresee any opportunity for some relief from the spot buys into the back half of the year. Are you assuming any relief there? As we think about updated full year guidance.
Don Duda: I take some comfort is only one quarter in that our spot buys were lower this quarter, I would feel better at the end of this quarter, if they were less than the same in the fourth. So that’s only one data point we still we’re challenged every day and supply issues, is it less. Yes. Is it coming to an end. I’m not willing to say that yet. I think we’re this through the end of our fiscal year. And there’s been a lot of people that have been predicting an improvement and they’ve been wrong. So that’s almost a non-answer, but we don’t know we can be track it, but it’s been, it’s still difficult and we’ve seen our customers continue to have issues.
David Kelley: Okay, got it. So just to clarify, it sounds like you’re assuming some cadence of spot buys continuing into the back half of the year and guidance.
Don Duda: Exactly, that’s fair.
David Kelley: Okay. Yes. Okay, got it. Thanks guys. That’s really helpful. I appreciate you taking my questions.
Don Duda: Thank you.
Operator: Our next question is coming from Gary Prestopino with Barrington Research. Please go ahead.
Gary Prestopino: Hi, good morning, everyone. Most of the questions have been answered, just wanted to get an idea, what was your share count at the end of the quarter. I got like 37 million buyback out of the queue. Is that correct? Is that what you using for EPS calculations?
Don Duda: This quarter. Looks like 37. Yes, that would be it yes.
Gary Prestopino: So, then the other question — a couple of other questions, I would have is our most of the FX headwinds are coming from the euro. Is that correct?
Don Duda: From the euro with the RMB secondary. Yes.
Gary Prestopino: Okay. Euro and RMB, but when you’re producing in places like Malta — in Belgium. You see, have a plant as well?
Don Duda: Yes.
Gary Prestopino: Okay. So there some offsets there would be expenses you’re incurring in those local currencies as you translate back in the U.S., is that correct?
Don Duda: There are absolutely and a lot of it is just fortunately for us, we do a good job of making earning a profit in our non US locations. And just from the translation to the financials from the US GAAP perspective, they’re worth less than they would have been the dollar strengthening. But we absolutely do a lot of internal offsetting at each of our locations and then have a FX program that looks at everything from a consolidated basis as well when we start getting into receivables and payables and things of that nature cross border, we take actions here as well, so pretty robust FX management protocol.
