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August 08, 2012 11:00 a.m. ET
David Erdman – Investor Contact
Glenn Darden – President, Chief Executive Officer
John Regan – Chief Financial Officer
Tobey Darden – Chairman
Noel Parks – Ladenburg Thalmann
Brian Corales – Howard Weil
Brian Singer – Goldman Sachs
Steven Karpel – Credit Suisse
Scott Hanold – RBC Capital Markets
James Spicer – Wells Fargo
David Epstein – Wedbush Securities
Louis Nardi – Buckman & Reid
RJ Cruz – US Fixed Income
Maryana Kushnir – Nomura Securities
Good afternoon. My name is Erica and I will be your conference operator today. At this time, I would like to welcome everyone to the Second Quarter 2012 Earnings 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) Thank you.
I would now like to turn the call over to Mr. David Erdman. Mr. Erdman, you may begin your conference.
Thank you, Erica, and good morning, everyone. I’m joined by Toby Darden, Chairman, Glenn Darden, President and Chief Executive Officer, and John Regan, Chief Financial Officer. This morning the company issued a press release detailing our results for the second quarter of 2012. If you don’t have a copy of the release, it’s available on the Investor Relations page of our website, at www.qrinc.com under the News and Updates tab.