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May 1, 2012 4:30 pm ET
Joseph Crivelli - IR
Joe Redling - President and CEO
David Clark - CFO
Mike Hagan - Chairman
Mike Amburgey - CMO
Greg Badishkanian - Citi
Mitch Pinheiro - Janney Capital Markets
Gary Albanese - Auriga
Frank Camma - Sidoti
Anand Vankawala - Avondale Partners
Kurt Frederick - Wedbush Securities
Good day, everyone, and welcome to the Nutrisystem first quarter 2012 earnings conference call. At this time, it is my pleasure to turn the call over to Mr. Joe Crivelli.
Thank you. Good afternoon, everyone, and thanks you for joining us to discuss Nutrisystem's first quarter 2012 financial results. With the recently announced changes, we've added some additional people to join us on the call today. So in addition to Joe Redling, President and Chief Executive Officer; and David Clark, Chief Financial Officer; we're joined by Mike Hagan, Chairman of the Board of Directors; and Mike Amburgey, Chief Marketing Officer.
Before we begin, I'd like to remind everyone that during this conference call Nutrisystem management will make certain forward-looking statements about its outlook for 2012 and beyond that involve risks and uncertainties. Forward-looking statements are generally preceded by words such as believes, plans, intends, expects, anticipates or similar expressions. Forward-looking statements are protected by the Safe Harbor contained in the Private Securities Litigation Reform Act of 1995. Factors that could cause actual results to differ from expectations include, but are not limited to those factors set forth in Nutrisystem's filings with the SEC. Nutrisystem is making these statements as of May 1, 2012 and assumes no obligation to publicly update or revise any of the forward-looking information in this announcement.