Operator

Good morning. My name is Myron, and I will be the conference facilitator today. At this time, I would like to welcome everyone to the Granite 2026 First Quarter Conference Call. This call is being recorded.

[Operator Instructions]

It is now my pleasure to turn the floor over to your host of Granite Construction Inc. Vice President of Investor Relations, Mike Barker. Thank you, and over to you.

Michael Barker
Vice President of Investor Relations

Good morning, and thank you for joining us. I'm pleased to be here today with President and Chief Executive Officer, Kyle Larkin; and Executive Vice President and Chief Financial Officer, Staci Woolsey. Please note that today's earnings presentation will be available on the Events and Presentations page of our Investor Relations website.

We begin with a brief discussion regarding forward-looking statements and non-GAAP measures. Some of the discussion today may include forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are estimates reflecting the current expectations and best judgment of senior management regarding future events, occurrences, opportunities, targets, growth, demand, strategic plans, circumstances, activities, performance, shareholder value, outcomes, outlook, guidance, objectives, committed and awarded projects or CAP and results. Actual results could differ materially from statements made today.

Please refer to Granite's most recent 10-K and 10-Q filings for a more complete description of