Outdoor Channel Holdings, Inc. (OUTD) Q1 2010 Earnings Call May 5, 2010 5:30 p.m. ET Executives Brad Edwards - IR Roger Werner - President and CEO Doug Langston - CAO Tom Hornish - COO Analysts Mike Kupinski - Noble Financial James Marsh - Piper Jaffray John Kornreich - Sandler PresentationOperator
Good day, ladies and gentlemen, and welcome to the Q1 2010 Outdoor Channel Holdings Incorporated earnings conference call. My name is Derrick, and I'll be your operator for today. (Operator Instructions) As a reminder this conference is being recorded for replay purposes. I would now like to turn the conference over to your host for today, Mr. Brad Edwards. Please proceed. Brad Edwards Thank you, Derrick, and good afternoon, everyone. Before we begin, please recognize that certain statements on this conference call are not historical fact. They may be deemed, therefore, to be forward-looking statements under the Private Securities Litigation Reform Act of 1995. In particular, statements about future results expected to be obtained from the company's current strategic initiatives are forward-looking statements. Many important factors may cause the company's actual results to differ materially from those discussed in any such forward-looking statements. These risks and uncertainties are described in further detail in the company's filings with the SEC. You are directed to these filings for more detailed information. Outdoor Channel Holdings undertakes no obligation to publicly update or revise its forward-looking statements. Please also note that we will be discussing non-GAAP financial measures within the meaning of the SEC rules. The company believes that earnings before interest, taxes, depreciation, and amortization or EBITDA, adjusted for the effects of share-based compensation expense and acquisition and integration costs provides greater comparability regarding its ongoing operating performance.