Precision Castparts (PCP) Q2 2012 Earnings Call October 27, 2011 10:00 am ET Executives Shawn R. Hagel - Chief Financial Officer, Principal Accounting Officer, Senior Vice President and Assistant Secretary Mark Donegan - Chairman, Chief Executive Officer and President Analysts Eric Hugel - Stephens Inc., Research Division Kenneth Herbert - Wedbush Securities Inc., Research Division Howard A. Rubel - Jefferies & Company, Inc., Research Division Noah Poponak - Goldman Sachs Group Inc., Research Division Robert Stallard - RBC Capital Markets, LLC, Research Division Elizabeth Grenfell - BofA Merrill Lynch, Research Division Richard Tobie Safran - Buckingham Research Group, Inc. Samuel J. Pearlstein - Wells Fargo Securities, LLC, Research Division Robert Spingarn - Crédit Suisse AG, Research Division Joseph Nadol - JP Morgan Chase & Co, Research Division Jason M. Gursky - Citigroup Inc, Research Division Heidi R. Wood - Morgan Stanley, Research Division Carter Copeland - Barclays Capital, Research Division Myles A. Walton - Deutsche Bank AG, Research Division J. B. Groh - D.A. Davidson & Co., Research Division Stephen E. Levenson - Stifel, Nicolaus & Co., Inc., Research Division David E. Strauss - UBS Investment Bank, Research Division Cai Von Rumohr - Cowen and Company, LLC, Research Division PresentationOperator
Good morning, and welcome to the Precision Castparts Webcast and Conference Call to discuss its second quarter earnings for fiscal 2012. This event is being recorded and will be available on PCC's company website at www.precast.com shortly after the conclusion of the presentation and discussion. Following remarks by members of PCC management, dial-in access lines will be open for questions. [Operator Instructions] Now I will turn the floor over to Mr. Mark Donegan, Chairman and Chief Executive Officer of Precision Castparts. Mark Donegan Thank you, operator. I'm sure you're all very familiar with the forward-looking statement and you need to take consideration when you're analyzing the following information.