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August 1, 2012 8:30 a.m. ET
Steven Wingfield - Director, IR
John Welch - President & CEO
John Barpoulis - SVP & CFO
Philip Sewell - SVP, American Centrifuge and Russian HEU
Bob Van Namen - SVP, Uranium Enrichment
Tracy Mey – VP and Chief Accounting Officer
Laurence Alexander - Jefferies & Co.
George Caffrey - JMP Securities
Richard Howard - Prospector Partners
Bob Clutterbuck - Clutterbuck Capital Management
Greetings and welcome to the USEC second quarter 2012 earnings conference call. At this time, all participants are in a listen-only mode. A brief question-and-answer session will follow the formal presentation. (Operator Instructions) As a reminder, this conference is being recorded.
It is now my pleasure to introduce your host, Steven Wingfield, Director of Investor Relations for USEC Inc. Thank you sir. You may begin.
Good morning. And thank you for joining us for USEC’s conference call regarding the second quarter of 2012 which ended June 30. With me today are John Welch, President and Chief Executive Officer; John Barpoulis, Senior Vice President and Chief Financial Officer; Phil Sewell, Senior Vice President; Tracy Mey, Vice President and Chief Accounting Officer, and Bob Van Namen, Senior Vice President is joining us by phone.
Before turning the call over to John Welch, I’d like to welcome all of our callers as well as those listening to our webcast. This conference call follows our earnings news release issued yesterday afternoon. That news release is available on many financial websites and our corporate website, usec.com. All of our news releases and SEC filings, including our 10-K, 10-Qs and 8-Ks are available on our website. We intend to file our quarterly report on Form 10-Q later today. A replay of this call also will be available later this morning on the USEC website.