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April 18, 2012 10:00 a.m. ET
Bob Livingston - President and CEO
Brad Cerepak - SVP and CFO
Paul Goldberg - VP IR
Shannon O'Callaghan - Nomura
Jeff Sprague - Vertical Research
Nigel Coe - Morgan Stanley
Terry Darling - Goldman Sachs
John Inch - Bank of America
Scott Davis - Barclays Capital
Steve Tusa - JPMorgan
Jim Lucas - Janney Capital Markets
Charlie Brady - BMO Capital Markets
Good morning. And welcome to the First Quarter 2012 Dover Corporation Earnings Conference Call. With us today are Bob Livingston, President and Chief Executive Officer, Brad Cerepak, Senior Vice President and CFO and Paul Goldberg, VP of Investor Relations. After the speakers opening remarks, there will be a question-and-answer period. (Operator Instructions)
As a reminder, ladies and gentlemen, this conference is being recorded and your participation implies consent to our recording of this call. If you do not agree with these terms, please disconnect at this time.
Thank you. I would now like to turn the call over to Mr. Paul Goldberg. Mr. Goldberg, please go ahead.
Thank you, Maria. Good morning and welcome to Dover’s first quarter earnings call. Today’s call will begin with some comments from Bob and Brad on Dover’s first quarter operating and financial performance and follow with our outlook for the balance of 2012. We will then open the call up for questions. As a courtesy, we kindly ask that you limit yourself to one question with a follow-up.