James Lucas | Vice President, Investor Relations |
Randy Hogan | Chairman and Chief Executive Officer |
John Stauch | Chief Financial Officer |
Jeffrey Hammond | KeyBanc Capital Markets |
Stephen Tusa | JPMorgan |
Michael Halloran | Robert W. Baird & Co. |
Deane Dray | RBC Capital Markets, LLC |
John Walsh | Vertical Research |
Scott Graham | BMO Capital Markets |
Steven Winoker | UBS Research |
Michael DeLalio | Susquehanna International Group, LLP |
Nathan Jones | Stifel, Nicolaus & Co., Inc. |
Brian Drab | William Blair & Co LLC |
Joseph Ritchie | Goldman Sachs |
Good morning. My name is Kim, and I will be your conference operator today. At this time, I would like to welcome everyone to Pentair's Q3 Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer session.