The Young and the Restless' Joshua Morrow (Nicholas Newman) and his wife, Tobe, have added to their growing family. The pair welcomed their third child earlier this week.

Joshua Morrow

On Monday, April 21st, at 1:22 p.m., Cash Joshua Morrow was born at a Los Angeles-area hospital. The newborn weighed in at 6 lbs., 15 oz, a Morrow spokesperson revealed.

"Mom is amazing and beautiful as ever and Cash is perfect," gushed Morrow.

Cash is the third son for Joshua, 34, and Tobe, 32. The couple was married in August 2001. He joins big brothers Cooper Jacob, five-and-a-half, and Crew James, who will turn three in May.

Nearly six years ago to the day, Morrow made news by signing a five-year contract extension with The Young and the Restless. The actor inked another five-year deal with the CBS soap last year.