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As I mentioned before, and it's even more clear to me now, there were missed opportunities in the past to rationalize systems, processes, legal entities, go-to-market, and delivery functions. Depreciation and amortization was flat year to year as a percent of revenue, down $17 million, reflecting continued capital discipline.
Finally, Q3 industrial resales of $236 million declined 3% year on year, reflecting weak demand in China. And in Q4, though, we expect an improvement with industrial resales up low single-digit percentage year on year, reflecting largely seasonality. This figure excludes 122 million of depreciation. In the U.S.,
Professional homebuilders and real estate developers are excluded from being forced to comply with the marketing restrictions Clear Cooperation places on individual homeowners in the resale market, which puts individual homeowners at a disadvantage. Legal pressure continues to mount on private party litigation.
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Depreciation 
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