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HNI's CEO Discusses Q2 2012 Results - Earnings Call Transcript

HNI Corporation (HNI)

Q2 2012 Earnings Call

July 19, 2012 11:00 am ET


Derek Schmidt - Treasurer and VP, Corporate Finance

Kurt Tjaden - VP and CFO

Stan Askren - Chairman, President and CEO


Chad Bolen - Raymond James

Josh Borstein - Longbow Research

Matt McCall - BB&T Capital Markets

Peter Lisnic - Robert W. Baird

Todd Schwartzman - Sidoti & Company



At this time, I would like to welcome everyone to the HNI Corporation second quarter fiscal 2012 results conference call. (Operator Instructions) Mr. Schmidt, you may begin your conference.

Derek Schmidt

Good morning, and thank you for joining us today for the HNI Corporation conference call to discuss second quarter 2012 results, which were announced yesterday after the market closed. My name is Derek Schmidt, Treasurer and Vice President, Corporate Finance for HNI Corporation. If you have not received a copy of the financial news release, it is available on our website,

A presentation intended to accompany this call has also been posted to our website under the Investor Information section. We encourage you to review this presentation as it contains details of our financial performance, including the non-GAAP to GAAP reconciliations.

Joining me on the line today from HNI Corporation are Kurt Tjaden, Vice President and CFO; and Stan Askren, Chairman, President and CEO. Stan and Kurt will review the results and then open up the call for questions.

Before we begin, please be advised that statements made by the corporation during this call that are not strictly historical facts are forward-looking statements. Forward-looking statements are subject to known and unknown risks. Actual results could differ materially from expected results. Additional information concerning factors that could affect actual results can be found in the conference call presentation posted to the HNI Corporation website. The corporation assumes no obligation to update any forward-looking statements made during the call.

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