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My name is Shinal and I will be your conference operator today. At this time I would like to welcome everyone to the Williams Controls second quarter fiscal 2012 investor conference call. All lines have been placed on mute to prevent any background noise. After the speakers’ remarks, there will be a question-and-answer session. (Operator instructions)
I will now turn the conference over to Dennis Bunday, Chief Financial Officer.
Thank you. Good afternoon everyone and welcome to our second quarter fiscal 2012 conference call. Before we begin, you should note that the following discussions and responses to questions reflect management's views as of today, May 1, 2012, and may include forward-looking statements.
Actual results may differ materially from those projected in the forward-looking statements. Information concerning risk factors and other factors that could cause actual results to differ materially is included in our filings with the SEC, including our 2011 annual report on Form 10-K, our fiscal 2012 reports on Form 10-Q, and our fiscal 2012 current reports on Form 8-K.
Specific factors that may cause such a difference include, but are not limited to, availability of adequate working capital, domestic and international competitive pressures, increased governmental regulations, increased costs of materials and labor, and general economic conditions in the United States and abroad.