This negatively impacted demand for Castool's consumable die-cast tooling, while The Large Mould group suffered from reduced rebuild work. Nonetheless, we achieved a number of program wins that will benefit future quarters. In fact we achieved record levels of order intake in our Large Mould group, ending the quarter with the highest backlog in our history. We are very bullish on the long-term outlook of this business given the growing demand for large and complex die-cast components coupled with our leading market position, full service capabilities and view that supply change will become more localized over time. As well, our additive tooling business continues to perform very strongly, contributing record levels of sales and order intake during the quarter. Additive tooling is a critical differentiator providing us with an unmatched competitive edge. We are extremely optimistic on where this business will go. Looking at the casting extrusion segment margins we experienced weakness this quarter from levels that we have otherwise come to expect. Segment margins were impacted by unfavorable product mix, rising input costs, higher freight charges and labor disruption due to COVID, all of which outpaced ongoing efficiency gains. As well, front end losses at Castool's new plant in Morocco added to the margin pressure this quarter as revenue was only started to be generated towards the end of the quarter. We did take pricing action where possible through the quarter to protect our margins and expect the impact will be evident in our next quarter. Lastly, as we announced during the quarter, we reached an agreement to acquire Halex, Europe's second-largest manufacturer of extrusion dies. There's not really much more of an update at this time, we continue to work towards closing the acquisition this spring and welcoming Halex employees to Exc- Exco at that time. That concludes my operations overview. I will now pass the call to Matthew to discuss the financial highlights of the quarter. Matthew? Thank you, Darren. Good morning. Consolidated sales for the first quarter ended December 31st were $101 million, a decrease of $20.4 million. Over the quarter the consolidated impact of exchange rate movements reduced sales by $3.5 million. Adjusting for the impact of foreign exchange, first quarter sales at our automotive solutions segment decreased $18.6 million or 24% and the Casting and Extrusion group sales were up $1.6 million or 4%. Consolidated net income for the first quarter was $2. 7 million or earnings of $0.07 per share compared to $10.9 million or $0.28 per share in the same quarter last year, a 75% decrease in net income. The effective income tax rate for the current quarter was 26% compared to 22% in the prior year period. The income tax rate in the current year quarter was impacted by geographic distribution and foreign rate differentials. The Automotive Solutions segment experienced a 27% decrease in sales in the first quarter or a decrease of $20.9 million to $55.2 million. The decrease in sales is attributable to lower OEM production volumes due to COVID-19 constraints, related supply chain disruptions, storage, including a shortage of semiconductor chips, unfavorable vehicle production mix, logistics challenges and the negative impact of foreign exchange. First quarter pre-tax earnings in the automotive solutions segment totaled $3.4 million, which is a decrease of $8.2 million or 71% over the same quarter last year. The segment's lower pretax profit is due to the 24% reduction in sales causing lower in- overhead absorption and higher material logistics and labor costs. The Casting and Extrusion segment recorded sales of $45.8 million in the first quarter compared to $45.3 million last year, an increase of half a million dollars. The Extrusion group experienced strong sales at locations reflecting steady demand for extrusion tools and market share gains. The Castool and Large Mo- Mould groups sales were down during the quarter due to the same supply chain disruptions caused by the semiconductor shortage, negatively impacting automotive vehicle production, lowering demand for consumable tooling for die casting and rebuild work for Mould. The Large Mould group quoted and was awarded a number of programs from current and new customers in the quarter. As a result, inventories and backlog are increasing. Pretax earnings in the Casting and Extrusion segment declined by $2.6 million or 7% over the same quarter last year to $4.6 million. The impact of inflationary pressure on raw materials and transportation combined with lower overhead absorption at Castool and Large Mould reduced pretax profit. Exco generated cash from operating activities of $8 million during the quarter and $5.2 million of free cash flow after $2.8 million in Maintenance Fixed Asset expenditures. This cash flow together with cash on hand was more than sufficient to fund fixed assets for growth initiatives of $8.2 million and a 3.9, $3.9 million of dividends. Exco ended the quarter with $11.6 million in net cash and $35.3 million in available liquidity, including $26.3 million of ca- balance sheet cash. Exco's financial position remains very strong. As such, the company's balance sheet and availability under the existing credit facility allows considerable flexibility to support strategic initiatives like our Halex extrusion purchase announced in December 2021. Our strong financial position, combined with our free cash flow creates the foundation for management to produ- high value growth capital expenditures, dividends and other opportunities that may arise. That concludes my comments. We can now transition to the Q&A portion of the call. Thank you. Ladies and gentlemen as a reminder to ask the question you will need to press * then one on your telephone. To withdraw your question press the pound key. Again it's * one to ask the question. Please standby while we compile the Q&A roster. Our first question comes from the line of David Ocampo with Cormark Securities. Your line is open. Good morning, everyone. Good morning David. Darren, I'm just curious, what percentage of the contracts that you guys have in place were you, were you able to reprice? Um, just thinking about it more higher level, when you combine that with sort of that operational efficiencies that you guys are looking for, are, are you guys able to offset that inflationary pressure and, and hit your 15% target or are we thinking more longer term where we need to see some of these contracts roll off? Okay. Um, so I, I, I presume you're talking about the automotive solutions, uh, segment. Yeah, that's right. And, um, yeah, you know, a lot of, uh, of that business is, uh, kinda fixed price work that continues for a number of years. And, um, you know, you uh, kind of are exposed to rising raw material, uh, costs. And, um, you know, our path back to kind of a 15%, um, segment inaudible margin certainly remains, um, very achievable in our minds. Um, the, that path includes kind of first getting back to, uh, normalized, um, sales levels and then having the benefit of, uh, the new program launches for over-absorption of, um, of overhead, uh, that we planned, uh, through the next, uh, at least couple of years. Uh, and, you know, there, there are pockets of, um, of products within the segment where we do have some pricing