Question-and-Answer SessionJames SchneiderGoldman Sachs Group, Inc., Research Division Thanks for being here. Maybe just kind of given your long-standing experience in this industry, you've seen many industry cycles. You've been Chair -- at the helm of Applied since 2013. It seems to me over the last 5 years, there's been some really confluence of secular and cyclical dynamics in the industry for semi-cap, a series of onshoring initiatives globally, U.S., Europe, Japan, China. At the same time, we've seen a ...