Westinghouse Air Brake Technologies (WAB)
Q4 2011 Earnings Call
February 21, 2012 10:00 am ET
Timothy R. Wesley - Vice President of Investor Relations and Corporate Communications
Albert J. Neupaver - Chief Executive Officer, President and Director
Alvaro Garcia-Tunon - Chief Financial Officer, Executive Vice President and Secretary
Allison Poliniak-Cusic - Wells Fargo Securities, LLC, Research Division
Steve Barger - KeyBanc Capital Markets Inc., Research Division
Paul A. Bodnar - Longbow Research LLC
Kristine Kubacki - Avondale Partners, LLC, Research Division
Liam D. Burke - Janney Montgomery Scott LLC, Research Division
Thomas S. Albrecht - BB&T Capital Markets, Research Division
Scott H. Group - Wolfe Trahan & Co.
Good day and welcome to the Wabtec Fourth Quarter 2011 Earnings Conference Call. [Operator Instructions] Please note, this event is being recorded. I would now like to turn the conference over to Mr. Tim Wesley, Vice President of Investor Relations. Mr. Wesley, please go ahead, sir.
Timothy R. Wesley
Thanks, Danie. Good morning, everybody, welcome to our earnings call for the fourth quarter and full year. Introduce the Wabtec people who are here with me in the room, our President and CEO, Al Neupaver; Alvaro Garcia-Tunon, our CFO; Ray Betler, our Chief Operating Officer; and our Senior V.P. of Finance and Corporate Controller, Pat Dugan. As usual we'll have our prepared remarks from Al and Alvaro, and then we'll be happy to take your questions. During the call, we will make forward-looking statements. So please review today's press release for the appropriate disclaimers. I also want to point out that on today's call, we will refer to both GAAP and non-GAAP EPS because of the special items we discussed in our second quarter report. Listed as special items again in today's press release. We believe that non-GAAP EPS provide useful, supplemental information to assess our operating performance and to evaluate period-to-period comparisons. Non-GAAP financial measures should be viewed in addition to, and not as an alternative for, Wabtec's reported results in accordance with GAAP. And with that, I'll turn it over to Al.