Joe Shiffler | Director, Investor Relations |
Balu Balakrishnan | President and CEO |
Sandeep Nayyar | Chief Financial Officer |
Tore Svanberg | Stifel |
Ross Seymore | Deutsche Bank |
David Williams | Loop Capital |
Gus Richard | Northland |
Ladies and gentlemen, thank you for standing by. And welcome to the Power Integrations Second Quarter Earnings Call. [Operator Instructions] After the speakers' presentation, there will be a question-and-answer session. [Operator Instructions]. Please be advised that today's conference is being recorded.