This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration. Need a new registration confirmation email? Click here
Micky M. Arison - Chairman, Chief Executive Officer, Chairman of Executive Committee, Chairman of Carnival Plc. and Chief Executive Officer of Carnival Plc.
David Bernstein - Chief Financial Officer and Senior Vice President
Beth Roberts - Vice President of Investor Relations
Felicia R. Hendrix - Barclays Capital, Research Division
Robin M. Farley - UBS Investment Bank, Research Division
Steven E. Kent - Goldman Sachs Group Inc., Research Division
Harry Curtis - Nomura Securities Co. Ltd., Research Division
Gregory R. Badishkanian - Citigroup Inc, Research Division
Timothy A. Conder - Wells Fargo Securities, LLC, Research Division
Steven M. Wieczynski - Stifel, Nicolaus & Co., Inc., Research Division
Jaime M. Katz - Morningstar Inc., Research Division
Jamie Rollo - Morgan Stanley, Research Division
Edward Stanford - Oriel Securities Ltd., Research Division
Ian Rennardson - Jefferies & Company, Inc., Research Division
David Liebowitz - Horizon Kinetics LLC
Ladies and gentlemen, thank you for standing by. Welcome to the First Quarter 2012 Earnings Call. [Operator Instructions] As a reminder, this conference is being recorded Friday, March 9, 2012. I would now like to turn the conference over to Mr. Howard Frank, Vice Chairman and Chief Operating Officer. Please go ahead.
Howard S. Frank
Good morning, everyone. This is Howard Frank. With me this morning is Micky Arison, our Chairman and Chief Executive Officer; David Bernstein, our Senior Vice President of Finance and our Chief Financial Officer; and Beth Roberts, our Senior -- our Vice President and -- what are you -- what do you do again? Investor Relations Officer.