Good morning, everyone, and welcome to the Herman Miller, Inc. First Quarter Fiscal Year 2014 Earnings Results Conference Call. This call is being recorded. This presentation will include forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. These risks and uncertainties include those risk factors discussed in the company's reports on the Form 10-K and 10-Q and other reports filed with the Securities and Exchange Commission. Today's presentation will be hosted by Mr. Brian Walker, President and Chief Executive Officer; Mr. Greg Bylsma, Executive Vice President and Chief Financial Officer; and Jeff Stutz, Treasurer and Chief Accounting Officer. Mr. Walker will open the call with brief remarks, followed by a more detailed presentation of the financials by Mr. Bylsma and Mr. Stutz. We will then open the call for your questions. [Operator Instructions] At this time, I would like to begin the presentation by turning the call over to Mr. Walker. Please go ahead.

Good morning, everyone. We're glad to have you with us here today. Herman Miller's performance this past quarter demonstrated that our strategy is working and gaining traction. The increasing diversification of our business to include new higher growth, margin-rich categories and channels contributed to the topline and drove strong gross margins. We also saw signs of improvement in areas of the business that have more recently been lagging, helping us to achieve our best quarterly operating earnings since 2008. And the enthusiastic response to our new innovative designs and applied workplace knowledge has continued to build since the unveiling of our Living Office concepts in June. I'll expand on these highlights in my overview of our reporting segments, which varied widely this quarter in terms of sales and order growth. I also want to briefly review the final actions we will take this quarter as we complete the termination of our defined benefit pension plan and the advantages this will give us going forward. Then I'll turn the call over to Jack Greg and Jeff who will cover the consolidated results and balance sheet in a bit more detail. To begin, our Specialty & Consumer segment was once again a standout story this quarter, with sales up more than 96% and orders increasing better than 60%. Maharam was the single largest contributor to that great performance. But it's important to note that our Herman Miller Collection, Retail and Geiger all experienced double-digit year-on-year sales gains. The consumer channel was also a particularly strong source of order growth. This segment best illustrates our success in strategically diversifying our business into areas that offer new growth and higher margins. While it is very early in the life of our combination with Maharam, we're very pleased with the results, the reactions from the…

Thanks, Brian. To begin, I want to point out that starting this quarter, we have provided supplemental financial information specific to the quarter on our investor website at hermanmiller.com. This information includes details relating to our performance by segment, organic growth calculations and reconciliations of non-GAAP financial measures. We posted this data last night and our intention is to continue to do this in the future quarters. This new practice is based on feedback from some of you that additional data like this will help assist you as you prepare for the conference call. We hope you find this helpful. I'll now move on to details for the quarter. Consolidated net sales in the first quarter of $468 million were 4% higher than the same quarter last year. Orders in the period totaled $471 million, also 4% above the prior year level. The acquisition of Maharam last April added approximately $27 million of both sales and orders to our consolidated results in the first quarter. On an organic basis, excluding the impacts of Maharam, the order divestures and foreign currency translation, sales and orders both increased 1% from the first quarter of last year. Sequential sales and orders each improved by approximately 2% from the fourth quarter of 2013. This growth is attributed to the addition of Maharam, which had only a partial quarter of revenue in Q4. Sales in our North America reportable segment of $318 million were down 1% from the prior year. New orders in the first quarter totaled $299 million, reflecting a decrease of 3% from the same period last fiscal year. Adjusting for the impact of dealer divestitures and foreign currency translation, segments sales and orders increased almost 3% and 1%, respectively, compared to the first quarter of fiscal 2013. We again experienced relative weakness…

Thanks, Greg. Good morning, everyone. We ended the first quarter with total cash and cash equivalents of $110 million, an increase of approximately $27 million from the end of May. Cash flows from operations in the period were strong, totaling $38 million, driven principally by net earnings adjusted for noncash depreciation and amortization. Net changes in working capital this quarter were modest, yielding a positive $3 million impact on cash flow. By comparison, cash from operations in the first quarter of last year totaled $29 million. Capital expenditures were relatively light in the first quarter, amounting to $6.5 million compared to $16 million in the same quarter last fiscal year. This difference is really one of timing. And as we move to the balance of the year, we expect capital spending to ramp up, particularly in support of several planned manufacturing facility and equipment initiatives, new products and showroom investments. We anticipate our full year capital spending to range between $55 million and $65 million. Cash dividends paid in the quarter were $7 million, an amount significantly higher than last year's first quarter level of just over $1 million. We remained in compliance with all of our debt covenants and as of quarter end, our growth debt to EBITDA ratio was approximately 1.3:1. The available capacity on our bank credit facility stands at $143 million, with the only usage continuing to be from outstanding letters of credit. Given our current cash balance, ongoing cash flows from operations and our total borrowing capacity, we're confident we can meet the financing needs of our business as we move forward, including, in the near term, the final cash funding necessary to complete the termination of our U.S. defined benefit pension plans. With that brief overview, I'll now give the call back to Greg to cover our sales and earnings guidance for the second quarter of fiscal 2014.

Thanks, Jeff. We expect sales to range between $460 million and $475 million in the second quarter. This guidance implies total revenue growth between 4% and 8% over the second quarter of last fiscal year. On an organic basis, excluding the expected contribution from Maharam and the impact of dealer divestures, this range suggests flat to 3% growth over the prior year. I should also point out that while orders related to the large energy project are expected to begin entering in the second quarter, the related net sales impact will not begin until the third quarter. From that point, we expect the order and revenue impact to the project to layer into our numbers evenly over a 14- to 18-month period. As Brian described, we plan to complete our U.S. pension plan termination in this upcoming quarter. This will require a cash contribution of roughly $53 million and will result in a final legacy pension charge of approximately $170 million before tax. We estimate this expense will drive a net loss in the quarter between $1.43 and $1.39 per share on a GAAP basis. Excluding the impact of this legacy pension charge, we would expect adjusted earnings per share between $0.38 and $0.42. Gross margin in the second quarter is expected to range between 35% and 37%, excluding legacy pension expenses. And while we don't anticipate any significant changes to the competitive pricing environment, we do expect average pricing discounting in our second quarter to be a bit deeper due to the mix and size of projects currently in our backlog. We also are expecting to feel some margin pressure this quarter from higher commodity prices, primarily in the steel category. In total, adjusted operating expense in the second quarter are again expected to range between $127 million and $131 million, excluding the impact of legacy pension expenses. Finally, our adjusted EPS guidance assumes an effective tax rate of approximately 34%, excluding the tax impact of legacy pension expenses. On a GAAP basis, which includes the pension charge, our effective tax rate is expected to be between 36% and 38% in the quarter. So it's important to note that the anticipated pre-tax loss will drive a booked income tax benefit as opposed to expense. As a result, due to the mix of earnings expected in Q2, our GAAP effective tax rate will be higher than what we're guiding when you exclude the legacy pension impact. Now, with that, I'll turn the call back over to the operator so we can take your questions.

[Operator Instructions] Our first question comes from Josh Borstein with Longbow Research.

On the GSA business, I think you mentioned it was down 18% year-over-year in the quarter. Can you tell us what you're hearing from your customers regarding the outlook for GSA and when comparison is [ph] for you to make it easier?

Josh, it's Brian. I'll let Greg jump in with details, if you want. I think the number -- the size of the drop in the federal government purchases through the GSA over the last 2 to 3 years is very big. You've got to believe, I don't know that -- I think part of the problem is you can't really ask somebody in the government what's happening. I know, talking to some of my friends and neighbors, and I think everybody's feeling a similar thing that we just simply have a market that's to drop dramatically from what was over $1 billion to $1.5 billion segment at one point in the industry. That is significantly smaller than that now. It would seem that they're down to a level that all they're doing really is replacement work now. I do think we probably felt a peak back in that kind of 2010, 2011 era, when there was a lot of work going on for BRAC realignment, a lot of forward things happening around things like embassies when we were doing a lot of, if you might say, nation-building. So I think we're probably at a low point, or if we're not on a low point, we certainly got to be getting close to that because the purchases are quite small. So comparisons, I think, Josh, we should start to see those get better as we get into calendar 2014, would be my guess. I know that, that business is never sort of evenly paced throughout the year.

Okay. And ex government, what were the shipments like in the quarter?

Josh, this is Jeff. So we're not going to quantify the government impact to our North American segment, but what I can tell you is that when you look sector by sector across the past, you'll see financials and banking were actually up year-on-year, Healthcare was strong, as Brian and Greg alluded to. State and local government was strong, and that was a bit offset by manufacturing and of course, the broader GSA picture. So all in all, it was up ex government, but we're not going to quantify that for you.

Okay. And then just switching to non-North America, you had mentioned a few markets which fell short which were performing nicely. Could you just go over again some of the European geographies, especially where you're seeing some of the strengths and weaknesses?

Well, I think if you hear from almost everybody, Europe in total is down, I think, across almost any industry sector. We generally -- in Europe, and we're usually talking about EMEA, the place that was strong for us in EMEA was actually the Middle East from -- especially from a revenue perspective. I think it's strong. It was relatively strong compared to the rest of international. What we did start to see is some pickup in activity levels and order levels in places like the U.K. and even in Central Europe. Now, again, you got to be careful. I wouldn't take anything we talk about related to the continental market as being a sign of the market because we are a fairly small player. And so it's much more driven by what projects we're on and the general market activity over there, where some of our competitors would have a much bigger presence on the continent. We really play in the EMEA, primarily in the U.K. and in the Middle East and a little bit in all the other countries. What we have heard from our folks though in international is they are seeing better activity levels throughout Europe than they've seen in a while. Now, when that will translate into orders and things is always a little bit more difficult to predict. But certainly, in the U.K. in particularly, there's a lot of cranes in the area and there's a lot of discussion about building starting to come out of the ground. I would say the situation in Asia is a little bit different. Australia remains a very difficult market and economy if you look at it. Given the pullback that's happened a bit in the Chinese manufacturing sector, they just don't have the underpinnings that they've had on the mining side, and that's caused the Aussie economy to pull back pretty hard.

Great. And then just one more for me. It's -- if you back up the contributions from Maharam, obviously, you still saw some very nice growth in the high teens in the specialty and consumer. Could you just talk a little bit about what's going right for you in that segment right now, leaving Maharam aside for a moment?

I think there's 2 things that have been good for us, particularly if you looked at just the revenue number this quarter. We've introduced a lot of new products over the last 24 months. That's certainly a driver on both the retail and on the contract side, if you will, with the collection we're selling to the A&D community, and that plays in both the collection and in Geiger. I think this quarter, we have this measure we look at of what percentage of sales are coming from new products. The Specialty & Consumer segment had actually the highest level of sales from new products, which I think speaks to an effort we've had going on for the last 24 to 36 months to build up that product development capability there. So it's generally new products. The second thing that's really helping is the putting new feet on the street, particularly as it relates to the collection. So you got almost essentially a new channel being developed along with new products. On the Retail side, I think, to be frank, we've got some really good Retail partners that are doing a good job in building their business, and I think the combination of what we've done, with some increased marketing activities with them, as well as the resurgence in housing generally, and we're going to play at the upper end, and if you read most of the retail stuff, I think, would say the upper end of Retail in consumer is stronger. And so our wholesale business to retailers has been quite good as well.

And our next question comes from the line of Todd Schwartzman of Sidoti & Company. Todd A. Schwartzman - Sidoti & Company, LLC: I wonder if you could elaborate a little more on the strength of the new products within Specialty & Consumer, maybe kind of give us a sense. Or even if it's an older product, what is, in particular, is being well received?

Well, Todd, I think it's several things, first of all. And what you might describe as older products, part of that business, especially on the Retail side or the consumer side, is making sure you're updating those products on a regular basis. So one of the things we found is as we have been very diligent about new additions to things, and maybe one example could be the Eames Lounge Chair. As we brought out a reenergized Eames Lounge Chair with new colors and finishes, did not only resulted in new sales of that product, but it created new market knowledge, if you will, about the total line. And so we saw a growth in both the new product, as well as the older material and finishes. So that's an example. And I'd say that's generally happening across some of the older classic lines where we've continued to bring out updates, whether it's things like the recently announced reissuance of the plastic shell chair that we're bringing out now again in fiberglass, those kind of things. So that one has an -- some selling impact to value, but it's examples like that. In addition, one of the things we've been working really hard to do on the contract side of the Specialty business is to make sure that we can fill out those other areas. We talk about it as creating your daytime living room, some people say putting the living and living off, that's how do we bring out the kind of product that let us do those broader landscape areas that are beyond the workstation, places like lounge areas, casual meeting areas, cafeterias and that. And as we continue to fill out that portfolio, we just have a broader presence than we had in the past. And then in addition to that, Geiger has had some really good results around some of their new casegoods line. So when you add the 3 things together -- now none of these are individually super large products. So what's a little different here is $1.5 million annual product line is a big product line in this category. So it's not one thing, it's not 2 things, it's 4 or 5 at a time. Todd A. Schwartzman - Sidoti & Company, LLC: Sure. And on a hole, just looking at Specialty & Consumer, the entire segment, how would you characterize if you had, just kind of back of the envelope, allocate your customers, defining them by number of employees and maybe looking at individual or home applications? Maybe you look at 0 or 1 to 20 employees or 50 to 100, whatever it might be, how do you spice and dice that internally? And has there been any shift since you've accelerated the product launches?

Well, I mean, you really got -- you really have 2, maybe 3 different businesses within that group. I guess, actually maybe 4 if you add Maharam now. But if you take out Maharam, you really have a wholesale business where we're selling to retailers, that's largely going to individual users for their home. There's some small business stuff in there, but it's largely going to folks to use in their homes, with some small piece of that being businesses. So that's probably, if you look at the total business now, it's maybe a little less than 1/3 of the businesses running through that sort of consumer world. Then you got a 1/3 that is really facing the A&D community from a furniture perspective. And that this primarily going to go to our traditional customer base. The only difference is we're getting there through the A&D channel much stronger than we would typically do because a lot of those products are placed by the A&D community. So it's a little bit of a channel difference as well. And then, of course, the remainder would be what we do with Maharam, which -- Maharam plays over a pretty bright spectrum of things from the consumer to sort of our core customers, again, through A&D to even some areas that are outside of where we would typically play, in areas like hospitality. But for sure, the core of Maharam is really tied towards those same end users, if you will, just plays in a much different channel construct and in different areas of their purchases. Todd A. Schwartzman - Sidoti & Company, LLC: And Maharam sales and orders are both about $27 million?

Yes. Todd A. Schwartzman - Sidoti & Company, LLC: Okay. What was the bottom line contribution?

It's right in line with our expectations, Todd, what we talked about on the call last time. Todd A. Schwartzman - Sidoti & Company, LLC: Just to refresh?

We had said, going to go for a basis kind of a 9% to 10% operating income business. Todd A. Schwartzman - Sidoti & Company, LLC: That's excluding the inventory move, is that right?

That's correct. Todd A. Schwartzman - Sidoti & Company, LLC: Okay. With regards to health care, you'd mentioned it's really the first growth you've seen in 8 quarters. What can you tell us about your take on how much of that is "real growth" versus some just balance off the bottom?

Well, I think what's happened, Todd, as you know, I think somebody -- Josh asked earlier, "Hey, are you at the bottom of the government?" The truth is, we've been talking about this that we had a heavier mix inside of our health care business, of U.S. federal government than we did in the business in total. So the impact of the government pulling back had a disproportionate effect on that health care business. So I think if there's a business that feels like maybe we've come up the bottom with the government, it's that one. As you -- as I think we noted in the release, we've started to see some government order growth on the health care side, which is a great sign. So part of it is that bounce off of the bottom. We've also done some other things to make sure we're doing a good job with connecting with the GPO folks and a little bit of price increase in there. So it's -- I think relatively, I guess, if you -- by the way you asked the question, it's real growth, I think. It's fairly modest at this point. But the good news is, we're starting to see it turn the other way. Todd A. Schwartzman - Sidoti & Company, LLC: Got you. On that large energy contract, what -- timing-wise, what was responsible for any shift in terms of your expectations in the initial shipment?

Construction. That's the hard thing with these because they're trying to estimate when they're going to be ready with the building. And based on that, we're trying to estimate when we're going to start building product and ship it, and those things are moving all over the place based on weather and other things. It's nothing related to them managing cash flow, I would guess. It's probably much more about the weather of what's going on in that region. And when you do construction, you always find things you didn't expect. Todd A. Schwartzman - Sidoti & Company, LLC: So they've essentially told you that they're running 1 to 3 months behind schedule roughly?

We're very tied in with those guys. And I think that even that picture will continue to move around. And some of that is expectation of which building is open when, because we're really doing this building by building, and some buildings are even bigger than others, and so trying to follow the whole project. Our guys are virtually there every week talking to them about the cycle. Todd A. Schwartzman - Sidoti & Company, LLC: Okay. And have -- has there been any change in your expectations as to how -- over how many quarters once it does start to ship, you'll be realizing the sales?

No, that's always kind of been in that 14- to 18-month period, Todd. Todd A. Schwartzman - Sidoti & Company, LLC: Got it. And finally, I'm hoping you can just give a little more color, quantifying what you're seeing now in terms of steel prices and discounting as well.

Sure. On the steel side, so steel started to go off, Todd, in the summertime around that $700, and this on a cold roll number, $750, and that number has come down and gone back up since that time. So it's still hovered right at about that number. And as you know, we've got a 3-month lag kind of on how it impacts our number. So the increase we saw in July really didn't impact us at all in the first quarter. So as -- I think we've paid probably, on average, about $690 or $700 in the first quarter. So as we move through the backlog and into the second quarter, by the time we get to the end of the second quarter, we'll probably be all the way to that $750. And that's -- so that's why you'll see a little bit of a margin reduction in the second quarter. On the discounting side, our methodology is -- when we get to this point in the quarter, we always go and look at the backlog. You always have swings in discounting from product line to product line, from category to category. We try to take our best stab at it when we -- based on what we see, because obviously, as you know, there's a big part of our order pattern that's going to come in, in the quarter that we don't see discounting on. We don't -- like we said in the prepared remarks, we don't see a big trend. We just see, at the start of the back -- start of the quarter, our backlog is a little bit deeper than it was starting last quarter. So that's the guidance. Todd A. Schwartzman - Sidoti & Company, LLC: And is there anything else regarding timing that you guys haven't spoken to that we should be aware of, either with respect to Q1 or Q2?

Timing in what regard, Todd? Todd A. Schwartzman - Sidoti & Company, LLC: Deliveries.

There's nothing out there, I think, that we haven't talked to you guys about. Like I think we did note in the comments that we had sort of back end orders in the International business that should ship in the next quarter or 2. If there's any question right now in forecasting, it's exactly because -- like we've talked about with this large energy product, all of our business is somehow or another tied to a construction project. And that's always a bit of -- as you get into these longer-term orders that you take, make it sure that the construction that's on that cycle is a big driver.

Todd, this is Jeff. I'll just tag on to that, too. The only other thing that we did contemplate and coming up with the guidance is just what would be expected as much of anything from a fiscal or a federal government year end seasonal bond, which, given the trends that we've been seeing, we didn't see a great deal of impact from that last year. We're not anticipating a big impact whereas, in years past, as you well know, we've seen a seasonal bump in order entry, and some of that actually gets invoiced in the quarter as well, typically on a historical basis; unknown this year, given where trends are going. So that's another factor.

Yes. I think that is actually a longer-term change to what we've normally seen on the patterns, Todd. As we've always talked about, the second quarter being the highest quarter because of that. And as you know, we've played disproportionately heavy in the federal government. That trend didn't happen last year and right now, we don't see it happening again, and that's probably one of the reasons. As we look at the quarter, when you take the move out of the one large project, and then you look at what we've seen with the government, that's the thing that's probably caused us to move the guidance down a little bit from where we were coming in to the beginning of the year.

And our next version comes from the line of Matt McCall with BB&T Capital Markets. Matthew Schon McCall - BB&T Capital Markets, Research Division: So first, Jeff, one -- I'm sorry, Greg. One clarification you've given off that outlook, what was the operating expense outlook for the next quarter?

$127 to $131 million, Matt. Matthew Schon McCall - BB&T Capital Markets, Research Division: Okay. And so along those lines, can you give us an update on the impact from some of the growth spending that you talked about in the past and clearly had shown some success on some of these new high-growth high-margin areas that Brian spoke about? But just give us an update on the spending in the first quarter. What was the impact of margins, EPS? And then the plan as we move out for the rest of this year, really try to get a hand on the incremental margin, the margin potential this year.

So I track with your question on -- how does -- is that with the elevated spending level and how does that impact operating margins? Matthew Schon McCall - BB&T Capital Markets, Research Division: Yes. And so you've talked in the past about how your incremental margins are going to be somewhat depressed in the near term as you focus on some of these growth initiatives. I'm just trying to get a hand on how that proceeded versus your plan and how it should proceed and what the impact will be for the remainder of the year.

Got you. So I would say, for the remainder of the year, Matt, we wouldn't expect our incremental -- our leverage percentage that we've been talking about of 15% to kind of 18%. Now obviously, this quarter, we did see a much bigger jump than we had talked about. I mean, I think the adjusted operating margin leverage year-on-year was something like 39% or something. So you always -- when you get stuff in small bits and you get a margin performance, the gross margin performance that we saw, that gives us a one time and we feel really good about it. I'm not sure that we'd now say, "Hey, look at our leverage going forward." Until we get through some of these things that we're working on, like the Living Office and stuff we're doing on the new product side over in the Retail and Collection business, I don't think we're going to start to say we're going to get leverage above and beyond that until we kind of get to the other side of '14. As you know, we said, "Hey, look, we got -- our goal for '15 is 10% margins." I think 9.3% is a good start march in the way there. But we -- like we said, we're probably not going to get to 10% until we get to 15%. Matthew Schon McCall - BB&T Capital Markets, Research Division: Okay. Got it. Okay. And maybe -- Brian, this might be for you. Just curious about the -- your cyclical outlook. You mentioned the ABI, you mentioned some things. I'm specifically curious about the mix of construction-related orders. Maybe as you see it now, what do you expect -- how do you expect that to progress as we move through this fiscal year? Are you seeing any of the ABI improvement -- the improvements, some of those leading indicators, start to show up in prospective projects?

I think, Matt, as we look -- I mean, you can't help but look if there's a number of -- of course, we have some large projects -- that one large project that everyone wants to talks about, which -- we need lots of large projects ultimately. We've got some good sides, construction-related things happening on the health care side. I think when I look at what you see in ABI and when I read the BIFMA data, the forecast data, it points to a pretty good 2014, calendar '14, and maybe -- and still pretty decent in '15. That data seems to make sense when you get underneath it. Of course, the thing that, as you know, is the most difficult to predict about these is, are we going to see some shock? We keep having these kind of crazy things, Syria to budget wrangling that go on. It seem to always sort of upset the apple cart. With every time you get good momentum, you get a pullback from other factors. I think one of the things that -- in some ways, I'd say, I think, the industry is probably a little better right now they can appear on the surface, given what's happened to the federal government. It's just been a big -- it's been a big negative headwind that we all have been up against. Because I think if that is truly bottom -- or it's getting near the bottom, and we get better economic activity in the general economy of calendar '14 and '15, we should be set up for those being pretty decent years for the industry. Matthew Schon McCall - BB&T Capital Markets, Research Division: Okay. And I guess, continuing on that thought, when you -- maybe when you look at the customer visits, the projects you see out there right now, are you seeing any shifts? You mentioned a couple of construction projects. But as these customers start to come in and talk about what they've got going on, are you seeing a shift toward more of those new construction projects? And then the second part of the question is, are you able to tell, from these customer visits, that there's any acceleration with the secular shift towards kind of that Living Office, the new concept office? Are you seeing acceleration there, any evidence that it's occurring?

Yes. Certainly, there's evidence of the Living Office kind of move to change in the foreplay that's happening. And I think a lot of people are telling about it. Those things -- this industry, as you know, is a sort of slow evolutionary industry. So a lot of times, trends take a while before they actually start to really impact things. But our view is yes, we're getting people to resonate with the idea and you'll all -- but at the same time, you'll also have big sectors of business that are quite conservative. We're used to do things the way they are. So it will take a while for those things to play through the system. In terms of customer visits and in the sort of listening to the field, I don't know, Matt. I know you have a very strong thesis around construction. I'm not sure I can tie it to -- geez, I think it's driven by construction. And I've always said, "Yes, I get your thesis on construction," but in some ways, the industry often turns more based on people doing restacks and doing reconfigurations much before it does on the construction cycle. So as of now, I think we have seen better activity this summer than we've seen over the last couple in terms of customer visits. Now, what I don't know, because there are some noise in that data -- because last year, we were going through a fair amount of our own construction, and whether some of the data, compared to last year, is a little skewed, if you will. Overall, activity levels feel pretty good. When I'm out talking to CEOs, people seem like they are confident, although cautious, because of all the other factors that are swirling around in the air.

And our last question comes from the line of Budd Bugatch with Raymond James. Robert P. Anastasi - Raymond James & Associates, Inc.: It's Bobby filling in for Budd. I just got 1 or 2 quick questions real quick. I was wondering if you guys can provide a little color on the order pacing in the Americas segment? And then also can you provide your thoughts on why the increase in the order pacing, in the non-American segment and kind of if you see this continuing going forward?

Bobby, first of all, I'd say the best way to describe it is, I think, order pacing has been choppy overall. We see a lot of rotation around, meaning one segment of the business will be up, while we -- and the others will be down and it kind of moves around. So there hasn't been one straight easy pattern. I think that's been maybe the hardest thing to get your mind around, prediction-wise, is the overall looks reasonable, but you get a lot of movement up and down and a lot of week-to-week fluctuations. I would say that's also true of the North American business, as you've seen a lot of movement there. On the non-North American side, one of the things that happened is we took a fair amount of -- we shipped a fair amount of backlog in the fourth quarter last year, so we came in with a fairly light starting backlog and with what was going on in Europe and other places, again, particularly places like Australia, we started off the quarter quite light and pick up at the back half. I think it's a little early to tell whether that is a -- going to be an ongoing pattern or not. That business has been fairly lumpy again, like everybody else. So I don't know that I've gotten anything yet, but I could tell you, I've had enough weeks in a row to be a very, very strong trend line. It was certainly good to see this stuff come in at the end of the quarter and gave us a pretty decent backlog going into the next one. And if we can get a reasonable level of order pattern from there, that's sort of what went into our thinking in the forecast.

And we have a follow-up question from Joshua Borstein with Longbow Research.

I think just one quick follow-up for you. On the Mirra 2 chair, could you give us an update on the initial sales there, how it's selling relative to expectations right now?

Josh, this is Greg. Yes, Mira 2, as it stands right now, will begin first customer ships some time in October.

Okay. And do you have any pre-sales? How have they been?

The activity level has been very, very positive.

Okay. And just -- or putting in the context of the predecessor, the Mirra, out of the gate, does it seems like it's going to be a better seller than the original Mirra?

Well, the original Mirra is actually one of the better product lines we've ever had. But I would tell you, response to the original Mirra was quite strong. And in fact, we're having a similar response to the Mirra 2. So I think it's a little early to tell, bigger, better than Mirra 1 one. Certainly, if you could have your career that was all about Mirra 1s, you would actually have a very successful career. So if it's that good or better, we'll be pretty happy campers.

And I'm showing no further questions at this time. I'd now like to turn the call back over to management for any further questions.

Thanks, again, for sharing your time with us this morning, and for your ownership and continued confidence in Herman Miller. I hope it's clear that our organization and leadership team are energized by the strategic advances we are making and the opportunities that are still in front of us. We look forward to giving you another update on our progress in December. Have a great day, and we'll see you all then.

Ladies and gentlemen, thank you for participating in today's conference. This does conclude today's program. You may all disconnect. Have a great day, everyone.