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June 27, 2012 11:00 am ET
Joseph Alvarado - Chief Executive Officer, President and Member of The Board of Directors
Barbara R. Smith - Chief Financial Officer and Senior Vice President
Evan L. Kurtz - Morgan Stanley, Research Division
Luke Folta - Jefferies & Company, Inc., Research Division
Sohail Tharani - Goldman Sachs Group Inc., Research Division
Arun S. Viswanathan - Longbow Research LLC
Brent Thielman - D.A. Davidson & Co., Research Division
Jonathan Sullivan - Citigroup Inc, Research Division
Mark L. Parr - KeyBanc Capital Markets Inc., Research Division
Philip Gibbs - KeyBanc Capital Markets Inc., Research Division
Charles A. Bradford - Bradford Research, Inc.
Luke McFarlane - Macquarie Research
Michelle Applebaum - Steel Market Intelligence Inc
Hello, everyone, and welcome to today's Commercial Metals Company Third Quarter Fiscal 2012 Earnings Conference Call. As always, today's call is being recorded. [Operator Instructions] I would like to remind all participants that during the course of this conference call, the company will make statements that provide information other than historical information and will include expectations regarding the company's future prospects, revenues, expenses or profits. These statements are considered forward-looking statements and may involve speculation and are subject to risk and uncertainties that could cause actual results to differ materially from those expectations. These statements reflect the company's beliefs based on current conditions but are subject to certain risk and uncertainties that are listed in the company's press release and described in the company's latest 10-K and 10-Qs. Although CMC believes these statements are made based on management's expectations and assumptions, CMC offers no assurance that events or facts will happen as expected. All statements are made only as of this date, CMC does not assume any obligation to update them in connection with future events, new information or otherwise.
Some numbers presented will be non-GAAP financial measures and reconciliations can be found in the company's press release and on the company's website. And now for opening remarks introductions, I will turn the call over to the President and CEO of Commercial Metals Company, Mr. Joe Alvarado.