Jerrold J. Pellizzon - Chief Financial Officer, Principal Accounting Officer, Vice President, Corporate Secretary, Chief Financial Officer Of Ceradyne Esk Llc And Chief Financial Officer Of Esk Ceramics Gmbh & Co Kg David P. Reed - Vice President, Assistant Corporate Secretary and President of North American Operations Analysts Josephine Lin Millward - The Benchmark Company, LLC, Research Division Avinash Kant - D.A. Davidson & Co., Research Division James Ricchiuti - Needham & Company, LLC, Research Division Colin W. Rusch - ThinkEquity LLC, Research Division Sam Dubinsky - Wells Fargo Securities, LLC, Research Division Jiwon Lee - Sidoti & Company, LLC Rand Gesing PresentationOperator Ladies and gentlemen, thank you for standing by. Welcome to Ceradyne's Second Quarter 2012 Conference Call. This conference is being recorded today, July 24, 2012, at the request of Ceradyne. [Operator Instructions] Hosting the call today is Joel Moskowitz, Ceradyne's Chairman and Chief Executive Officer. With him are David Reed, President North American Operations; Jerry Pellizzon, Chief Financial Officer; Marc King, President, Ceradyne Armor Systems; and Cary Okawa, Corporate Controller. Before I turn the call over to Mr. Moskowitz, the company has requested that I read the following statement. The matters discussed in this conference call may include forward-looking statements regarding future events and the future performance of Ceradyne that involve risks and uncertainties that could cause actual results to differ materially from those anticipated. These risks and uncertainties are described in the company's annual report on Form 10-K for the fiscal year ended December 31, 2011, as filed with the Securities and Exchange Commission.