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April 26, 2012 11:00 am ET
Caroline M. Chambers - Principal Accounting Officer, Vice President and Controller
Patrick J. McHale - Chief Executive Officer, President and Director
James A. Graner - Chief Financial Officer
Charles D. Brady - BMO Capital Markets U.S.
Terry Darling - Goldman Sachs Group Inc., Research Division
Liam D. Burke - Janney Montgomery Scott LLC, Research Division
Michael Halloran - Robert W. Baird & Co. Incorporated, Research Division
Kevin R. Maczka - BB&T Capital Markets, Research Division
Matt J. Summerville - KeyBanc Capital Markets Inc., Research Division
Good morning and welcome to the First Quarter 2012 Conference Call for Graco Inc. If you wish to access the replay of this call, you may do so by dialing 1 (800) 406-7325 within the United States or Canada. The dial-in number for international callers is (303) 590-3030. The conference ID is 4530277. The replay will be available through April 30, 2012.
Graco has additional information available in a Power Point slide presentation, which is available as part of the webcast player. At the request of the company, we will open the conference up for questions and answers after the opening remarks from the management.
During this call, various remarks may be made by management about their expectations, plans, and prospects for the future. These remarks constitute forward-looking statements for the purposes of the Safe Harbor Provisions of the Private Securities Litigation Reform Act.
Actual results may differ materially from those indicated as a result of various risk factors, including those identified in Item 1A of, and Exhibit 99 to, the company’s 2011 Annual Report on Form 10-K; and in Item 1A of the company’s most recent quarterly report on Form 10-Q. These reports are available on the company’s website at www.graco.com and the SEC’s website at www.sec.gov.