“We continue to expect other income, which is comprised mostly of interest income, to total between $140 million and $160 million in 2023.”

In context

“gross profit margin to be within 68% and 69%. Our actual gross profit margin will vary quarter-to-quarter depending largely on product, regional and trade-in mix and the impact of new product introductions. With respect to operating expenses, on our last call, we forecast pro forma operating expense growth to be between 9% and 13%. We are increasing our estimate and now expect our full year pro forma operating expense growth to be between 11% and 15%. The increased operating expense growth reflects higher variable compensation and other costs related to higher procedure growth performance. We are also updating our estimate for noncash stock compensation expense to range between $600 million to $630 million in 2023, a decrease from our previous estimate of $610 million to $640 million. We continue to expect other income, which is comprised mostly of interest income, to total between $140 million and $160 million in 2023. With regard to capital expenditures, we continue to estimate a range of $800 million to $1 billion for planned facility construction activities. With regard to income tax, we continue to estimate our 2023 pro forma tax rate to be between 22% and 24% of pretax income. That concludes our prepared comments. We will now open the call to your questions. Operator: [Operator Instructions] We'll first go to Travis Steed with Bank of America. Travis Steed: I'll start out with the 26% procedure growth. Can you just comment a little bit on how much of this is just a better hospital environment, better procedure environment, versus maybe some uptick in share gains from robotics? And a little bit more color on the January, February versus the March, just curious if you think this is some kind of”