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July 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.
James Giannakouros - Oppenheimer & Co. Inc., Research Division
Liam D. Burke - Janney Montgomery Scott LLC, Research Division
Terry Darling - Goldman Sachs Group Inc., 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
Jeffrey Matthews - RAM Partners, L.P.
James Krapfel - Morningstar Inc., Research Division
Good morning and welcome to Second Quarter 2012 Conference Call for Graco Inc. If you wish to access the replay for 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 4548978. The replay is available through July 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 management.
During this call, the various remarks may be made by management about their expectations, plans, and prospects for the future. These remarks constitute forward-looking statements for the purpose of the Safe Harbor Provisions of the Private Securities Litigation Reform Act.