John Walsh

“I guess just first thinking about a couple of end markets that you touch where there's some investor angst, I mean, residential, auto, consumer smartphones.”

“Maybe piggybacking off of Jeff's question earlier. I think in your answer it was mostly around the equipment. I wanted to hear a little bit about your ability to pass through inflation on your service contracts because obviously labor availability and wage inflation is something we're all expecting in the next year.”

“Maybe just the first question is around your gross profit margin improvement in the quarter. I know there are some moving pieces there with the M&M idling, but by my calculation, you're up almost still almost 200 basis points year-on-year.”

“I wanted to revisit incrementals on the fourth quarter and just come at the question a little bit differently. I think you guys have out-kicked what you were guiding this year there in terms of incrementals.”

“I think you were talking about decrementals when you said the next tranche would have higher decrementals if revenue falls more than 20%. What indicators are you watching to see if volumes could be worse than your expectation — employment, consumer confidence, something else?”