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July 26, 2012 11:00 AM ET
Stephen Holcomb – VP, IR
Joe Pyne – Chairman and CEO
Greg Binion – President and COO
David Grzebinski – EVP and CFO
Jon Chappell – Evercore Partners
Jack Atkins – Stephens
Alex Brand – SunTrust
Anthony Segoya – Credit Suisse
John Barnes – RBC Capital
Ken Hoexter – Merrill Lynch
Kevin Sterling – BB&T Capital Markets
Jimmy Gilbert – Iberia Capital
Chaz Jones – Wunderlich
David Beard – Iberia
Steve O’Hara – Sidoti
Welcome to the Kirby Corporation 2012 Second Quarter Conference Call. My name is Trish and I will be your operator for today’s call. (Operator Instructions) Later we will conduct a question-and-answer session. Please note that this conference is being recorded. I would now like to turn the call over to your host, Stephen Holcomb. Stephen? You may begin.
Good morning. Thank you for joining us. With me today are Joe Pyne, Kirby’s Chairman and Chief Executive Officer; Greg Binion, Kirby’s President and Chief Operating Officer; and David Grzebinski, our Executive Vice President and Chief Financial Officer. During this conference call we may refer to certain non-GAAP or adjusted financial measures. A reconciliation of the non-GAAP financial measures to the most directly comparable GAAP financial measures is available on our website at KirbyCorp.com in the Investor Relations section under non-GAAP financial data.
Statements contained in this conference call with respect to the future are forward-looking statements. These statements reflect management’s reasonable judgment with respect to future events. Forward-looking statements involve risks and uncertainties. Our actual results could differ materially from those anticipated as a result of various factors. A list of these risk factors can be found in Kirby’s annual report on Form 10-K for the year ended December 31, 2011, filed with the Securities and Exchange Commission. I will now turn the call over to Joe.