Kadant Inc. (KAI) Q2 2010 Earnings Call July 29, 2010 11:00 a.m. ET Executives Thomas O'Brien - CFO Jon Painter - President & CEO Analysts Claudia Hueston - JPMorgan Walter Liptak - Barrington Research Eric Prouty – Canaccord Rick Hoss - Roth Capital Partners Brent Miley - Rutabaga Capital PresentationOperator
Good morning. My name is Letricia and I will be your conference operator today. At this time I would like to welcome everyone to the Kadant Incorporated Second Quarter Earnings Business Update. 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 conference over to Mr. Thomas O'Brien, CFO of Kadant Incorporated. Please go ahead sir. Thomas O'Brien Well thank you operator and good morning everyone and welcome to Kadant's second quarter 2010 earnings call. With me on the call today is Jon Painter, our President and Chief Executive Officer. Before we begin, let me read the Safe Harbor statement. Various remarks that we may make today about Kadant's future expectations, plans and prospects are forward-looking statements for purposes of the Safe Harbor provisions under the Private Securities Litigation Reform Act of 1995. Our actual results may differ materially from these forward-looking statements as a result of various important factors, including those discussed in our quarterly report on Form 10-Q for the fiscal period ended April 3rd, 2010, which is on file with the SEC and is also available in the Investors section of our website at www.kadant.com under the heading SEC Filings.