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December 09, 2011 10:00 am ET
J. Neal Butler - Chief Executive Officer, President, Director and Member of Risk Oversight Committee
Devin Sullivan - Senior Vice President
John V. Sobchak - Chief Financial Officer and Vice President
Jay Richard Harris - Goldsmith & Harris Asset Management, LLC
Rosemarie J. Morbelli - Gabelli & Company, Inc.
Greetings, and welcome to the KMG Chemicals Inc. Fiscal 2012 First Quarter Financial Results Conference Call. [Operator Instructions] As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Devin Sullivan, Senior Vice President of the Equity Group. Thank you. Mr. Sullivan, you may begin.
Thank you, Christine, and good morning, everyone. Welcome to the KMG Chemicals Fiscal 2012 First Quarter Financial Results Conference Call. We would like to begin by reminding you that the information in this conference call includes certain forward-looking statements that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements as to the future performance of this company. Although the company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, the loss of primary customers, successful implementation of internal plans, product demand, the impact of competing products, increases in the price of raw materials and active ingredients, successful acquisition and integration of additional product lines and businesses, the condition of capital markets in light of interest rate and currency fluctuations and general economic conditions, environmental liability, the ability to obtain registration and re-registration of products, increased environmental compliance, cost of products and general political and economic risks and uncertainties.