Teri Seck | Garmin Ltd. |
Clifton A. Pemble | Garmin Ltd. |
Douglas G. Boessen | Garmin Ltd. |
Nikolay Todorov | Longbow Research LLC |
Doug Clark | Goldman Sachs & Co. LLC |
Richard Valera | Needham & Co. LLC |
Yuuji Anderson | Morgan Stanley & Co. LLC |
Brad Erickson | KeyBanc Capital Markets, Inc. |
Ben J. Bollin | Cleveland Research Co. LLC |
Charlie Lowell Anderson | Dougherty & Co. LLC |
Kristine Tan Liwag | Bank of America Merrill Lynch |
Paul J. Chung | JPMorgan Securities LLC |
William V. Power, CFA | Robert W. Baird & Co., Inc |
Ivan Feinseth | Tigress Financial Partners LLC |
Good day, ladies and gentlemen, and welcome to the Garmin's First Quarter 2018 Earnings Conference Call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session and instructions will be provided at that time. And now I'd like to turn the conference over to Teri Seck. Please go ahead.