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May 23, 2012 5:00 pm ET
Aart J. de Geus - Co-Founder, Chairman and Chief Executive Officer
Brian M. Beattie - Chief Financial Officer
Richard Valera - Needham & Company, LLC, Research Division
Raj Seth - Cowen and Company, LLC, Research Division
Sterling P. Auty - JP Morgan Chase & Co, Research Division
Krish Sankar - BofA Merrill Lynch, Research Division
Jay Vleeschhouwer - Griffin Securities, Inc., Research Division
Ladies and gentlemen, thank you for standing by, and welcome to the Synopsys Earnings Conference Call for the Second Quarter Fiscal Year 2012. [Operator Instructions] Today's call will last 1 hour. 5 minutes prior to the end of the call, we will announce the amount of time remaining in the conference. As a reminder, today's call is being recorded. At this time, I would like to turn the conference over to Lisa Ewbank, Vice President of Investor Relations. Please go ahead.
Thank you, Kathy. Good afternoon, everyone. With us on the call today are Aart de Geus, Chairman and Co-CEO of Synopsys; and Brian Beattie, Chief Financial Officer.
Before we begin our remarks this afternoon, I'd like to remind everyone that during the course of this conference call, Synopsys will discuss forecasts and targets and will make other forward-looking statements regarding the company and its financial results. While these statements represent our best current judgment about future results and performance as of today, our actual results and performance are subject to many risks and uncertainties that could cause actual results to differ materially from what we expect.