Finally, today's discussion and presentation include reference to certain non-GAAP financial measures that exclude an $18 million arbitration settlement gain recorded in the second quarter of last year. Please refer to our earnings release issued this morning and to the slides accompanying this webcast for a reconciliation of these non-GAAP financial measures to those most directly comparable GAAP financial measures.With that said, I'd now like to turn the call over to Nick Pinchuk. Nick?
Snap-on Management Discusses Q2 2012 Results - Earnings Call Transcript
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