Amphenol (APH) Q3 2011 Earnings Call October 19, 2011 1:00 pm ET Executives R. Adam Norwitt - Chief Executive Officer, President and Director Diana G. Reardon - Chief Financial Officer, Principal Accounting Officer and Executive Vice President Analysts Brian J. White - Ticonderoga Securities LLC, Research Division Steven J O'Brien - JP Morgan Chase & Co, Research Division Wamsi Mohan - BofA Merrill Lynch, Research Division William Stein - Crédit Suisse AG, Research Division Amit Daryanani - RBC Capital Markets, LLC, Research Division Amitabh Passi - UBS Investment Bank, Research Division Sherri Scribner - Deutsche Bank AG, Research Division Jim Suva - Citigroup Inc, Research Division Shawn M. Harrison - Longbow Research LLC Craig Hettenbach - Goldman Sachs Group Inc., Research Division Matthew Sheerin - Stifel, Nicolaus & Co., Inc., Research Division PresentationOperator
Hello, and welcome to the Third Quarter Earnings Conference Call for Amphenol Corporation. [Operator Instructions] At the request of the company, today's conference is being recorded. [Operator Instructions] I would now like to introduce today's conference host, Ms. Diana Reardon. Ma'am, you may begin. Diana G. Reardon Thank you. Good afternoon. My name is Diana Reardon and I'm Amphenol's CFO. I'm here together with Adam Norwitt, our CEO, and we'd like to welcome everyone to our third quarter call. Q3 results were released this morning. I will provide some financial commentary on the quarter, and Adam will give an overview of the business and current trends. We'll then have a question-and-answer session. The company closed the third quarter achieving strong growth and beating the high end of the company's guidance. Sales were $1,033,000,000 and EPS, excluding the effects of one-time items, was $0.81, both new records for the company. On an as-reported basis, EPS was $0.79 and included a one-time charge of $0.05 cents, relating to the impact of the previously reported flood at the company's New York facility, partially offset by a $0.03 benefit relating to a reduction in tax expense from the completion of the audit of certain prior year tax returns.