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Hutchinson Technology, Inc. (
F4Q2011 Earnings Conference Call
November 1, 2011 5:00 PM ET
Chuck Ives – Director, IR & Treasurer
Wayne Fortun – CEO
Rick Penn – President, Disk Drive Components Division
Dave Radloff – CFO
Sherri Scribner – Deutsche Bank
Rich Hoogly [ph] - B&M Company [ph]
Mark Miller – Noble Financial
Tom Lewis – High Road Value Research
Eric Ruebel – MTR Securities
Franklin Leong – Silver Lake Credit
Good afternoon, ladies and gentlemen. Thank you for standing by. Welcome to the Hutchinson Technology’s fourth quarter results conference call.
During today's presentation, all parties will be in a listen-only mode. Following the presentation, the conference will be open for questions. (Operator instructions) This conference is being recorded today, Tuesday, November 1
I would now like to turn the conference over to Chuck Ives, Director of Investor Relations and Treasurer. Go ahead, sir.
Good afternoon, everyone. Welcome to our fourth quarter results conference call. On the call with me today are Wayne Fortun, our Chief Executive Officer; Rick Penn, President of our Disk Drive Components Division; and Dave Radloff, our Chief Financial Officer.
Wayne will provide an overview of the business, Rick will provide an update on our Disk Drive Components Division, and Dave will speak to our financial results and guidance.
As a reminder, we will be providing forward-looking information on demand for and shipments of disk drives and the company's products, product mix, pricing, production capabilities, assembly operations in Thailand, the impact of flooding in Thailand, our insurance coverage and claims, capital spending, product costs, operating expenses, our BioMeasurement Division's results, product commercialization and adoption, manufacturing consolidation and restructuring, and the company's cost structure, operating performance, cash position and financial results.