Mike Harrison

it looks like you saw about 150 basis points of sequential decline from Q4 into Q1

if you can comment on what portion of your customers are running below take-or-pay minimums

can you give us a sense of what percentage of customer locations are using those new traps?

I was wondering if you could talk about what penetration looks like today versus where you think penetration could go over the next, say, two to three years

I was hoping you could help us understand a little bit more about what's going on with underlying market dynamics that you're seeing there

the $1.9 billion in cash on the balance sheet is kind of an elevated number

is this basically just taking the operational changes you've made and now formalizing it into your financial reporting structure

I was surprised to hear you not exactly managing it

You mentioned, Tim, the new clear coat product that was developed by AI or with the help of AI. I was hoping that you could give us a little bit more detail

that pricing number of 3%, was that a pretty similar number across all the subsegments? Or were there pockets where pricing was stronger?

I wanted to go into a little more detail about three different regions or countries that you've mentioned so far. First is Latin America

has the window passed to announce a price increase ahead of this year

we should be getting into a period where we should start to see more repaint activity.

if you could give some more detail on what you're hearing from your contractor customers about their backlogs

in terms of the deflation that you are expecting to see in the second half, can you give a little bit more detail on what specific raw material baskets might be improving?

I was wondering, Heidi, if you can give us any early sense of how you might be thinking about operational synergies or potential cross selling opportunities related to that acquisition

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