Tech Data Corporation provided earnings guidance for the fiscal year 2018. The company expected total revenues to range in the $36 billion to $37 billion range. This sales range includes third and fourth quarter and takes into account both expanded mix of longer sales cycle advanced solutions offerings as well as the timing of significant vendor product launches. The company estimates non-GAAP operating income in the range of $585 million to $615 million, and this includes estimated cost synergies of $50 million to be realized in the current year. Also noted are estimated ranges for non-GAAP interest expense and tax rate. Taking all the above into account results in estimated non-GAAP earnings per share in a range of $8.75 to $9.25 and an adjusted return on invested capital in the low double-digit range. The company expects non-GAAP interest expense in the range of $85 million to $90 million; and depending on the mix of earnings and in which geographies they are earned, an effective tax rate in the range of 30% to 32%; and lastly, a high-level estimate of adjusted return on invested capital is low single -- double -- it's low double digits.