McDermott International (MDR) Q1 2012 Earnings Call May 11, 2012 10:00 am ET Executives John E. Roueche - Vice President of Treasurer & Investor Relations Stephen M. Johnson - Chairman, Chief Executive Officer and President Perry L. Elders - Chief Financial Officer, Principal Accounting Officer and Senior Vice President Analysts Andy Kaplowitz - Barclays Capital, Research Division Bryce D. Humphrey - BB&T Capital Markets, Research Division Jamie L. Cook - Crédit Suisse AG, Research Division Will Gabrielski - Lazard Capital Markets LLC, Research Division Robert Connors - Stifel, Nicolaus & Co., Inc., Research Division Steven Fisher - UBS Investment Bank, Research Division Matthew P. Tucker - KeyBanc Capital Markets Inc., Research Division Scott J. Levine - JP Morgan Chase & Co, Research Division Martin W. Malloy - Johnson Rice & Company, L.L.C., Research Division Brian Konigsberg - Vertical Research Partners Inc. John Rogers - D.A. Davidson & Co., Research Division PresentationOperator
Ladies and gentlemen, thank you for standing by, and welcome to the McDermott International First Quarter 2012 Earnings Conference Call. [Operator Instructions] I would now like to turn the call over to our host, Jay Roueche. Please go ahead. John E. Roueche Thank you, Pamela, and thanks to everyone who's joining us this morning. We appreciate you participating today as we discuss our results from the first quarter of 2012, which were released yesterday through our press release and in our Form 10-Q. As usual, I have with me today Steve Johnson, McDermott's Chairman, President and Chief Executive Officer; as well as Perry Elders, our Senior Vice President and Chief Financial Officer. Before I hand the call off to Steve, let me remind you that this event is being recorded, and a replay will be available for a limited time on our website.