Good day, and welcome to the Sypris Solutions Incorporated Earnings Conference Call. Today's call is being recorded. At this time for opening remarks, I would like to turn the call over to President and Chief Executive Officer, Mr. Jeffrey Gill. Please go ahead, sir.

Thank you, Cynthia, and good morning, everyone. Brian Lutes and I would like to welcome you to this call. The purpose of which is to review the trends reflected in the company's financial results for the second quarter of 2013. For those of you who have access to our PowerPoint presentation this morning, please advance to Slide 2 now. We always begin these calls with a note that some of what we might discuss here today may include projections and other forward-looking statements. No assurance can be given that these projections and statements will be achieved, and actual results could differ materially from those projected as a result of several factors. These factors are included in the company's filings with the Securities and Exchange Commission. And in compliance with Regulation G, you can access our website at sypris.com to review the definitions of any non-GAAP financial measures that may be discussed during this call. With these qualifications in mind, we'd now like to proceed with the business discussion. Please advance to Slide 3. I will lead you to the first half of our presentation this morning, starting with an overview of the highlights for the quarter, to be followed by a brief discussion of each of our 2 business segments. Brian will then provide you with a more detailed review of our financial results for the quarter. Now, let's begin with the overview on Slide 4. We're pleased to report that revenue increased 5% sequentially from the first quarter of this year, rising to $82.2 million, driven primarily by solid top line growth in our Industrial Group. Gross profit for the quarter increased to $8.3 million or 10.1% of sales, driven by the strong performance of our Industrial Group. Unfortunately, the 9% sequential increase in profit from this group was…

Great. Thank you, Jeff. Good morning, everyone. I'd like to take you through the highlights of our second quarter financial results, and I'll begin with our consolidated view and then I'll briefly discuss some of the highlights for each of the segments. So in advancing to Slide 10, we'll start at the revenue line. Q2 consolidated revenue totaled $82.2 million. This was down 17% to -- or roughly $16.7 million, but attributable primarily to the much higher commercial vehicle volume in the prior year period. So very much in line with our internal expectations for the quarter. Despite the year-over-year revenue and the changing product mix within A&D, we brought gross margin in at 10.1%, again, driven very much by the strength and performance of our Industrial Group. On the earnings per diluted share, we came in at $0.08 loss. This was versus a $0.22 positive in Q2 of '12, and clearly, a result of the lower A&D revenue and the unfavorable mix. In addition, as you heard Jeff mention earlier, we did accelerate the pace of R&D investment during the quarter, and we also made the decision to increase our inventory reserve on a certain end-of-life program, when combined, impacted our earnings there at approximately $0.06 to $0.07. If we move to our consolidated results in context of sequential, please advance to Slide 11. Once again, you'll see that consolidated revenue was up 5% from the prior quarter, again, in line with our expectations and driven clearly by the continued strength in demand for light truck commercial vehicles and the trailer markets in general. Gross margin remained essentially stable there. Despite the shift in mix and the increase in inventory reserves, we came in at 10.1%, only down about 30 basis points. Obviously, our Industrial Group continued to help…

[Operator Instructions] Our first question will come from Jim Ricchiuti with Needham & Company. James Ricchiuti - Needham & Company, LLC, Research Division: Jeff, Brian, with the cash [ph] in the industrial business in the second half are clearly more favorable or easier versus a year ago. But I'm curious, can you talk a little bit about how the second half for the industrial business might look versus the first half? It sounds like you've got pretty good visibility into what your customers are seeing from a build standpoint.

Certainly, Jim. As we look into the second half of the year, our customers are basically telling us that we should expect the third quarter to be within the relevant range of where we've been in the first 2 quarters. And then pretty much across-the-board, they're expecting the fourth quarter to have some potential for some upside because they're seeing at least the first half of 2014 as being up 10% to 12% from 2013. So whether that hits right in the fourth quarter, which typically has far fewer workdays than the other quarters of the year, we'll wait to see. But at the moment, nobody is indicating that there is, let's say, downside to the outlook. James Ricchiuti - Needham & Company, LLC, Research Division: Okay. And just on the A&D business, can you expand or elaborate at all on the R&D spend? You indicate that primarily it's for a new growth opportunity that you're focusing on. Can you talk a little bit about what that might be? And when you might be able to see some orders coming from that? And then just as a follow-up, would we expect R&D then to go back more towards Q1 levels in Q3?

So let me answer your questions starting with the last. Yes, we would expect R&D to fall back to more traditional levels as we move into the balance of the year. And so I would say, the first quarter would be a very good baseline for purposes of your outlook for the second half. With regard to the timing of revenue, we're hoping that the recent efforts will generate some orders here in the latter part of 2013, which would then begin to contribute to the business in 2014. And probably the more important aspect of the efforts that our team is making in this area is that the impact on the top line would not be nearly as material as the impact would be on our profit. Because the work that they've been doing, the patents that they've been filing all are to create a much more attractive mix of revenue and profit, if you will.

And next we'll move on to Tristan Thomas with Sidoti & Company. Tristan Thomas - Sidoti & Company, LLC: 2 quick questions. Inventory reserves, is that primarily tied to the A&D business?

Yes, it was. Tristan Thomas - Sidoti & Company, LLC: Okay. And then second question, in terms of CapEx, it's running at about 1% of revenue. Is that what you project moving forward or...

When we looked at CapEx in turn -- no, because we certainly curtailed some of the spending in the second quarter. And we would see that, that would be somewhere in the 2.5% as we've called out in the prior quarter, roughly 3% in terms of a range of revenue because we'll see that pick up in the third and fourth quarter.

[Operator Instructions] Gentlemen, we have no further questions at this time.

Okay. Well, thank you, Cynthia. Brian and I would like to thank all of you for joining us this morning. We certainly welcome your continued interest, and of course, your questions about our business. So thank you and have a great day.

This does conclude our conference call for today. We'd like to thank you for your participation.