Jim Lucas | SVP, Treasurer & IR |
John Stauch | President & CEO |
Mark Borin | CFO |
Josh Pokrzywinski | Morgan Stanley |
Jeff Hammond | KeyBanc Capital Markets |
Steve Tusa | JP Morgan |
Brian Lee | Goldman Sachs |
Joe Giordano | Cowen |
Andy Kaplowitz | Citigroup |
Saree Boroditsky | Jefferies |
Deane Dray | RBC Capital Markets |
Nathan Jones | Stifel |
Scott Graham | Rosenblatt Securities |
Julian Mitchell | Barclays |
Ladies and gentlemen, thanking for standing by, and welcome to Pentair's First Quarter Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speaker presentation, there will be a question-and-answer session. [Operator Instructions]. Please be advised that today's conference is being recorded.