Craig Ferguson & Wife Megan Welcome New Addition: Baby Boy Liam James

Congrats to Late Late Show host Craig Ferguson! The side-splitting Scot and his wife of two years, Megan Cunningham, welcomed a baby boy this week. Liam James Ferguson was born in Los Angeles on Monday.

“Everyone is happy and healthy,” Ferguson’s rep told PEOPLE this afternoon.

Liam is the first son for Megan. The comic also has a nine-year-old son, Milo, from a prior marriage. Fergie, 48, announced Cunningham’s pregnancy on Twitter last July: “Holy crackers! Mrs F is pregnant. How did that happen? …oh yeah I know how. Another Ferguson arrives in 2011. The world trembles,” he wrote.