Operator: Good day, and welcome to the Snap-on 2013 Second Quarter Results Conference Call. Today's conference is being recorded. At this time, I would like to turn the conference over to Ms. Leslie Kratcoski. Please go ahead, ma'am.
Leslie H. Kratcoski - VP, IR: Thanks, Melanie, and good morning, everyone. Thanks for joining us today to review Snap-on's second quarter 2013 results, which are detailed in our press release issued earlier this morning.
We have on the call today Nick Pinchuk, Snap-on's Chief Executive Officer and Aldo Pagliari, Snap-on's Chief Financial Officer. Nick will kick-off our call this morning with his perspective on our performance. Aldo will then provide a more detailed review of our financial results. After Nick provides some closing thoughts, we'll take your questions.
As usual, we have provided slides to supplement our discussion. You can find a copy of these slides on our website next to the audio icon for this call. These slides will be archived on our website along with the transcript of today's call.
Any statements made during the call relative to management's expectations, estimates or beliefs or otherwise state management's or the Company's outlook, plans or projections are forward-looking statements and actual results may differ materially from those made in such statements. Additional information and the factors that could cause our results to differ materially from those in the forward-looking statements are contained in our SEC filings.
With that said, I'd now like to turn the call over to Nick Pinchuk. Nick?
Nicholas T. Pinchuk - Chairman and CEO: Thanks, Leslie. Good morning, everybody. I'll start out today with the highlights of our second quarter. I'll cover the general environment and I'll discuss some of the progress down our runways for both growth and improvement. Aldo will then provide a detailed review of the financials. Much as we have seen over the past several quarters, we were again able to overcome the substantial headwinds to post solid sales and profit gains. Our organic sales increased 3.1% from last year's level with OpCo operating income rising to $117.8 million or 15.4% of sales, and financial services contributed an additional $30.6 million, up $5 million from last year. It all added up to a consolidated operating margin equal to 18.4% of revenues. And an EPS of $1.50, which is up more than 15% from last year's $1.30.
Now, there are couple of items in this year's year-over-year comparison that should be noted. First, last year's results were impacted by relatively high restructuring charges, which included $6.8 million for pension settlement at our now closed Canadian Tool Storage facility. Also this year, we incurred $4.4 million of higher stock-based mark-to-market cost that was primarily related to our recent share price increase and to more participation in our longstanding employee and franchisees stock purchase program. But even after adjusting for these two items, we believe that the year-over-year comparisons represent encouraging progress. Related to our quarterly sales of $764.1 million, in addition to the 3.1% organic increase we also had $8.5 million or 120 basis points contribution from our recent acquisition of Challenger Lifts along with the negative 70 basis point impact from foreign currency the total result with an overall sales increase of 3.6%.