Hello. This is Laura Brown, Senior Vice President of Communications and Investor Relations. With me today is Bill Chapman, Senior Director of Investor Relations. We are pleased to share with you some information regarding Grainger’s second quarter 2012 results via this audio web cast. Please also reference our 2012 second quarter earnings release issued today, July 18th, in addition to other information available on our Investor Relations website, to supplement this web cast. Before we begin, please remember that certain statements and projections of future results made in the press release and in this webcast constitute forward-looking information. These statements are based on current market conditions and competitive and regulatory expectations and involve risk and uncertainty. Please see our Form 10-K for a discussion of factors that relate to forward-looking statements. . : As a result, we reiterated our 2012 sales growth guidance of 12 to 14% and raised the bottom end of our earnings per-share guidance as referenced in today’s earnings release. We will now expect EPS of $10.50 to $10.80 for the full year 2012. At the end of this recording we’ll talk more about our guidance and related assumptions. We’ll start with total company results, and then take a closer look at our segments. Company sales increased 12% versus the 2011 second quarter. We had 64 selling days in both quarters. Operating earnings increased 18 %, while net earnings increased 12 %. As highlighted in the earnings release, earnings per share of $2.63 for the quarter represents an all-time company record and represents a 12% increase versus 2011. The 2011 quarter included a $0.12 per-share benefit from the settlement of tax examinations; excluding this benefit, the earnings per share increased 18 % versus 2011. In a few moments we’ll analyze our sales results for the quarter. Let’s…