everyone. morning, our quarter third Well, Welcome call. earnings good to
and and everyone this the Chairman Vice me President, hope Logan; two I and Rick President; healthy A.J. is And Nahmad, is is Nahmad, Paul But First, Executive on. Gomez, safe given Vice our with going virus Al Barry Johnston CEO. and is President.
by the are our cautionary these Ultimate has harbor as forward-looking defined call made of statement, forward-looking that statements. regulations to conference Before SEC this normal various and we results safe materially start provisions may pursuant laws from statements laws. differ the
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million, flow positive to a achieved XX% a to year's And all Today's net more XX% XXX are XX.X%. expanded expanding income. against a on. considered XX% in per was record million. supply in were nearly with performance basis every Sales share grew cash $XXX records XX% margins points. to metric. million or to $XX results Operating $X.XX that Operating record industry-wide a are jumped record the profit record $XXX results challenges points quarter quarter, the or during a the Earnings million. Gross increased gross of and income basis XX%, increased increase New a $XXX record in last virtually share billion. $X.XX and XXX light when per for margins record the still going
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opportunity. strength no of This balance the $XXX ended also size flexibility in virtually a financial strong the and cash with us invest any quarter to debt most million. We sheet provides with
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as years come minimum way, refrigerant Looking in ahead, standards experience done will change federal that changes more the the shape to capitalize normally on take in to to changes. will SEER by years. be the focus, technology us we the these and that the rise, by industry that And speed long-term with upcoming with our scale, offerings believe better than position OEMs, come opportunities, market, changes our relationship coming government, anyone
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our to Now let's go on Q&A.