Michael McGaugh: Bill, we do have a general idea because ultimately, it’s going to be on some footprint reduction activities. And at this point, I want to be a little cautious because we’ve not yet locked those down and confirm those 2 employees. But we believe we can actually decrease our footprint, decrease fixed cost without impacting our service level because of all these things I’ve spoken over the last 3 years, the improved scheduling, the improved operating efficiency. We have more capability now per fixed assets. And it’s the right thing to do is to streamline those assets. It makes our business and our company more simple. And then it also allows us to reduce some costs. So we think the efficiency gains, it’s time to act on those, particularly in some of these areas where we have less differentiation, more on the maximized value side of the house, and we think there’s some opportunities there. Grant, anything from your side?
Grant Fitz: Yes. I would just maybe provide my general philosophy on this, Bill, is that I think it’s important when we’re going for a number that we’ve provided that we have more initiatives than what essentially would be the information we’ve provided. So I typically have tried to make sure that we’ve got a pipeline of 125 percent of the numbers we might be discussing just because some will take longer, some will fall off of this. And so we truly are just identifying those and working on those. And so we — I would say that just given the track record that we will be coming back with some further information on it, but I feel very comfortable that these are numbers that we are going to be able to achieve. We just don’t have not fully identified yet. So…
Michael McGaugh: Yes, that’s right. Bill, just — this is Mike. We’ve not confirmed actions, lockdown actions. Once we do, clearly, we will be disclosing those and we’ll disclose them soon.
William Dezellem: And then relative to Signature, continuing on the cost front, you’re all referencing the $8 million of cost savings — and is that new? Because I was thinking that Signature, there were not going to be a lot of cost savings just because there weren’t any synergies, and that would be essentially a stand-alone business. Did I just not remember correctly? Or did something change there?
Michael McGaugh: No, Bill, nothing’s changed. So we’ve said we believe we will have $8 million largely in cost synergies. And if you recall back to Investor Day, I think Carolina asked a question on clarifying those synergies, and there’s really — they’re really only 3 or 4 buckets. We do have our arms around them. If you recall from that session as well, Jeff Condino who runs that business, affirmed his confidence in getting those synergies and having that as a run rate in 2025. So no, you’ve got $8 million there and then $7 million to $9 million outside of Signature, and we feel confident about that at $15 million to $17 million.
Operator: This concludes our Q&A. And I’ll hand back to Meghan Beringer for closing remarks.
Meghan Beringer: Thank you, Elliot and thank you for everyone for attending our first quarter 2024 earnings call. We invite you to follow up with additional questions or meeting requests. To schedule time, please contact me using the information found on Slide 29. Thanks again, and have a great day.
Operator: Ladies and gentlemen, today’s call has now concluded. We’d like to thank you for your participation. You may now disconnect your lines.
