Andres Reiner: I would say no, Chad. I would say, look, we have to be cognizant. The way we approach guidance is the same way every year. If you look at last year, we took the same approach. We want to be very confident with the guidance that we provide and we go about it the exact same way. I will say we hear every day companies talking about the macro and the effect and we have to take that into account. We can’t assume it is a difficult selling environment and we have to assume it’s going to be a difficult selling environment. We are actually pretty pleased with our guidance where it is starting the year and we’re very focused on executing. And I would say we have pretty aggressive goals to do, but overall our approach hasn’t changed.
Stefan Schulz: Yes. And I think on the calculated billings, sorry, to your point on calculated billings to add to that. Our calculated billings in the fourth quarter were pretty much in line with what we were thinking in terms of where it landed. Because in the short-term, calculated billings is really a function of what was already lined up and a little lesser to do with what you earn in new in the quarter. So we have a pretty good idea of what that’s going to be where it gets more difficult is when you’re forecasting it over a longer period of time. But our calculated billings were pretty much in line with what we were thinking. And keep in mind, too, that there is €“ there are some timing effects that occur there that kind of drive that up or down. And we certainly benefited from a timing benefit in Q4 of 2021, and that did have a reflection on how we showed calculated billings in Q4 of 2022.
Chad Bennett: Got it. And maybe one last housekeeping one, if I could. Stefan, how should we think about the maintenance kind of decline this year? And then I’ll hop off. Thanks.
Stefan Schulz: Yes. No, maintenance will decline at an accelerated rate from what it has in the past. We had a good migrations year in 2022. Real happy to say that. I mean it really has changed the dynamic of what our ARR looks like. And maintenance is a very small component, as I commented in my prepared remarks. So Chad, we’ve always talked about, think about maintenance declining in the, call it the 20% to 30% range. I think as we go into 2023, I think 30% to 40% decline is probably more in line with how to think about maintenance.
Chad Bennett: Got it. Thanks so much. Nice job.
Stefan Schulz: Thank you.
Operator: Our next question comes from the line of Parker Lane with Stifel. Please proceed with your question.
Parker Lane: Yes. Hi. Thanks for taking my question. Stefan, I was wondering if you look at gross revenue retention, I think it was above 93% again, really solid number. But if I go back to pre-COVID, I believe you talked about 95% in the past. As we look to 2023 and beyond, do you anticipate getting back to those levels? And how much does that factor into the growth outlook this year? Thanks.
