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International Speedway's CEO Discusses Q4 2011 Results - Earnings Call Transcript

International Speedway (ISCA)

Q4 2011 Earnings Call

January 26, 2012 9:00 am ET


Daniel W. Houser - Chief Financial Officer, Principal Accounting Officer, Senior Vice President and Treasurer

Lesa Kennedy - Vice Chairman and Chief Executive Officer

John R. Saunders - President

Charles N. Talbert - Director of Investor & Corporate Communications


Barry L. Lucas - Gabelli & Company, Inc.

Michael K. Walsh - Wells Fargo Securities, LLC, Research Division

Alvin C. Concepcion - Citigroup Inc, Research Division

Stephen Altebrando - Sidoti & Company, LLC



Good morning, and welcome to the International Speedway Corporation Fourth Quarter and Full Year Fiscal 2011 Results Conference Call. [Operator Instructions] As a reminder, this conference is being recorded on Thursday, January 26, 2012. I would now like to turn the conference over to Charles Talbert. Mr. Talbert, please go ahead.

Charles N. Talbert

Thank you, operator. Good morning, everyone, and welcome to the International Speedway's conference call. We're here to discuss the company's results for the fourth quarter ended November 30, 2011.

With us on this morning's call are Lesa France Kennedy, Chief Executive Officer; John Saunders, President; and Dan Houser, Senior Vice President and Chief Financial Officer.

After our formal remark, a question-and-answer period will follow. The operator will instruct you our procedures at that time.

Before we start, I would like to address forward-looking statements that may be addressed on the call. Forward-looking statements involve risks, uncertainties and assumptions. Actual future performance, outcomes and results may differ materially from those expressed in these forward-looking statements. Please refer to the documents filed by ISC with the SEC, specifically the most recent reports on Form 10-K and 10-Q, which identify important risk factors, which could cause actual results to differ from those contained in these forward-looking statements.

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