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IDEX Corporation's CEO Discusses Q1 2012 Results - Earnings Call Transcript

IDEX Corporation (IEX)

Q1 2012 Earnings Call

April 24, 2012 10:30 AM ET


Michael J. Yates – VP and Chief Accounting Officer

Andrew K. Silvernail – Chairman and CEO

Heath A. Mitts – VP and CFO


James Lucas - Janney Capital Markets

Charlie Brady - BMO Capital Markets

Scott Graham - Jefferies & Company

Joe Radigan – KeyBanc Capital Markets

Nathan Jones – Stifel Nicolaus & Company, Inc.

John Moore – C.L. King & Associates, Inc.



Good morning. My name is Sarah, and I will be your conference operator today. At this time, I would like to welcome everyone to the IDEX Corporation Q1 2012 Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks there will be a question-and-answer session. (Operator instructions). Thank you.

Mr. Michael Yates, Vice President of Corporate Accounting. You may begin your conference.

Michael J. Yates

Thank you, Sarah. Good morning, everyone, and thank you for joining us for our discussion of the IDEX first quarter 2012 financial highlights. Last night, we issued a press release outlining our Company's financial and operating performance for the three month period ending March 31, 2012. The press release along with the presentation slides to be used during today's webcast can be accessed on our Company's website at

Joining me today from IDEX management are Andy Silvernail, our Chairman and CEO and Heath Mitts, Vice President and Chief Financial Officer. The format for our call today is as follows. We will begin with a summary of the first quarter 2012 followed by a walk-through of our three business segments. And finally, we will wrap up with our outlook for 2012. Following our prepared remarks, we’ll then open the call for your questions.

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