Operator: Good morning, and welcome to the Jacobs Engineering Fourth Quarter Fiscal 2012 Results Conference Call. All participants will be in listen-only mode. Please note, this event is being recorded.
I would now like to turn the conference over to Patty Bruner to read the forward-looking statements. Ms. Bruner, you may begin.
Patricia Bruner - IR: Thank you, Denise. The company requests that we point out that any statements that the company makes today that are not based on historical fact are forward-looking statements. Although such statements are based on management's current estimates and expectations and currently available competitive financial and economic data, forward-looking statements are inherently uncertain and involve risks and uncertainties that could cause actual results of the company to differ materially from what may be inferred from the forward-looking statements.
For a description of some of the factors which may occur that could cause or contribute to such differences, the company requests that you read its most recent annual report on Form 10-K for the period ended September 30, 2011, including Item 1A risk factors, Item 3 Legal Proceedings and Item 7, Management's Discussions and Analysis of financial condition and results of operations contained therein and the most recent Form 10-Q for the period ended June 29, 2012, for a description of our business, legal proceedings and other information that describes the factors that could cause actual results to differ from such forward-looking statements.
The company undertakes no obligation to release publicly any revisions or updates to any forward-looking statements, whether as a result of new information, future events, or otherwise.
Now, I'd like to turn the call over to John Prosser, CFO of Jacobs to discuss the financial results.
John W. Prosser, Jr. - EVP, Finance and Administration: Thank you, Patty, and welcome everyone. I'll quickly go through the financial highlights for the quarter and the year, and then I'll turn it over to Craig Martin, our CEO, to give more in-depth business overview.
If you turn to Slide 4 in the package, these are also the information that was reported last night in our earnings release. We did have a very good quarter and year with diluted EPS of $0.83 for the quarter and for the year came in at $2.94.
In both of these numbers included is a $0.03 one-time gain that arose from the sale of our iron ore pelletizing technology. Also just to clarify that, we do still continue to have active projects in utilizing that technology, but the part that we owned, although we sold to the equipment manufacturer that could felt that they could take better utilization of the technology itself. So, it's a one-time gain, but it's also a continuing part of our business.
Backlog for the year ended up at $15.9 billion, that's up both from the quarter and from last year strongly. We had a very good book-to-bill for the year of 1.15, so we continued to have a strong balance sheet. Our total cash position was just over $1 billion at the end of the year. Net cash was over $500 million. We are initiating guidance for fiscal year '13 in a range of $3.00 to $3.50 per share. You see on the slide for fiscal year '12, but that is for '13.