Penelope Cruz and Javier Bardem "Doing Great" After Son's Birth

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Congratulations are in order for Javier Bardem and Penelope Cruz, who welcomed their first child -- a boy! -- together over the weekend.

"Penelope and Javier welcomed their first son into their family last week," Cruz's rep confirms to "Both parents and baby are doing great."

According to Spanish newspaper El Pais, the infant was born at Cedars Sinai Hospital in L.A.; Spanish magazine Hola broke news of the baby's gender.  Hola also reports that members of the couple's family flew in from Spain for the birth: Cruz's mother, brother and sister, plus Bardem's mother.

Cruz, 36, first debuted her baby bump while shooting Pirates of the Caribbean: On Stranger Tides in Puerto Rico last September -- just two months after she secretly tied the knot with Bardem, her Vicky Cristina Barcelona costar.

"He's a friend and the best actor in the world," Cruz has said of Bardem, 41.

Another reason to celebrate? On Tuesday, Bardem scored his third Oscar nomination for his performance in Biutiful.