Operator: Ladies and gentlemen, thank you for standing by, and welcome to the Synopsys Earnings Conference Call for Fourth Quarter and Fiscal Year 2011. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session and instructions will be given at that time.
Today's call will last one hour. Five minutes prior to the end of the call, we will announce the amount of time remaining in the conference. As a reminder, today's call is being recorded.
At this time, I'd like to turn the conference over to Lisa Ewbank, Vice President of Investor Relations. Please go ahead.
Lisa Ewbank - VP of IR: Thank you, Nick. Good afternoon, everyone. With us on the call today are Aart de Geus, Chairman and CEO of Synopsys and Brian Beattie, Chief Financial Officer.
Today's conference call will include commentary regarding our Q4 and fiscal 2011 results and also the definitive agreement to acquire Magma Design Automation both of which we announced this afternoon.
Before we begin, I'd like to remind everyone that during the course of this conference call, Synopsys will discuss forecasts and targets and will make other forward-looking statements regarding the Company and its financial results, our expectations about the timing and likelihood of closing the acquisition and about the potential benefits of a combination. While these statements represent our best current judgment about future results and performance as of today, our actual results and performance are subject to many risks and uncertainties that could cause actual results to differ materially from what we expect.
In addition to any risks that we highlight during this call, important factors that may affect our future results are described in our quarterly report on Form 10-Q for the quarter ended July 31, 2011, our earnings release for the fourth quarter of fiscal year 2011, and our press release announcing the definitive agreement to acquire Magma issued this afternoon.
All financial information to be discussed on this conference call, the reconciliation of the non-GAAP financial measures to their most directly comparable GAAP financial measures, and supplemental financial information can be found in the current report on Form 8-K that we filed today, our fourth quarter earnings release, and our financial supplement. All of these items are currently available on our website at www.synopsys.com.
In addition the information we discuss on this conference call related to our intent to acquire Magma is for informational purposes only. This information is not an offer to buy or the solicitation of an offer to sell any securities. Magma intends to file with the Securities and Exchange Commission preliminary and definitive proxy statements and other relevant materials in connection with the proposed transaction. Before making any voting or investment decision with respect to the acquisition investors are urged to read Magma's proxy statement and the other relevant materials when they become available because they will contain important information about the transaction.