Bryan Blair
Oppenheimer & Co. Inc., Research Division

Good morning, everyone. Welcome to day 4 of the 21st Annual Oppenheimer Industrial Growth Conference. Next up, we have, outperform rated and top pick IDEX, represented by CFO, Sean Gillen; and VP of IR, Jim Giannakouros. Thanks for joining us today, guys.

James Giannakouros
Vice President of Investor Relations

Thanks for having us. Appreciate you hosting.

Bryan Blair
Oppenheimer & Co. Inc., Research Division

Of course. Sean, I guess to kick things off, you're obviously a newer member of the IDEX team. Perhaps start with what attracted you most to the opportunity and also why you thought or knew you were the right guy for the role?

Sean Gillen
Senior VP & CFO

Yes. I appreciate the question. I'd say a couple of things. I think what first attracted me to the opportunity is you look at IDEX and it's an incredibly strong business. And what I mean by that is you got leading market positions, you got an EBITDA margin that I think is a proof point of that, that you have leading market positions, you have IP, and it's a very well-ran business. And then the other piece of that is the cash flow profile of the business, not only because of the margins, but because of the low capital intensity affords you a lot of flexibility. You have a lot of capital to allocate. So that was kind of the -- this is a good business to join.

And then part 2