Timothy MacPhee | VP, IR and Treasurer |
Robert Pagano | CEO, President and Director |
Todd Trapp | CFO |
Ryan Connors | Boenning and Scattergood |
Nathan Jones | Stifel, Nicolaus & Company |
James Picariello | KeyBanc Capital Markets |
Jacob Seide | Cowen and Company |
Good morning. My name is Krista, and I will be your conference operator today. At this time, I would like to welcome everyone to the Watts Water Technologies Third Quarter 2017 Earnings Conference Call. [Operator Instructions]. Thank you.