mbuckley you are correct is does mean "thank you". You might also hear a very common term in Hawaii which is "aloha" Aloha has various meanings. The most common is greetings, say like good morning. or blessing or even a good bye.
Examples:
Aloha Members, Today is terrific.
or
Aloha from Kauai,
Tom
Many way so use aloha.
So in closing. Hope that helps.
Aloha,
Tom
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