Rayonier Inc. (RYN) Q2 2010 Earnings Call Transcript July 29, 2010 2:00 pm ET Executives Hans Vanden Noort – SVP and CFO Lee Thomas – Chairman, President and CEO Paul Boynton – EVP, Forest Resources and Real Estate Charlie Margiotta – SVP, Real Estate; President, TerraPointe Services Inc. Analysts Chip Dillon – Credit Suisse Christopher Chun – Deutsche Bank Mike Roxland – Bank of America-Merrill Lynch Claudia Hueston – JPMC Steve Chercover – D.A. Davidson Peter Ruschmeier – Barclays Anna Torma – Soleil Securities PresentationOperator
Welcome and thank you for joining Rayonier's second quarter 2010 teleconference call. At this time all participants are in a listen-only mode. (Operator instructions) Today's conference is being recorded. If you have any objections, you may disconnect at this time. Now I will turn the meeting over to Mr. Hans Vanden Noort, CFO. Sir, you may begin. Hans Vander Noort Thank you and good afternoon. Welcome to Rayonier's investor teleconference covering second quarter earnings. Our earnings statements and presentation materials were released this morning and are available on our website at www.rayonier.com. I'd like to remind you that in these presentations we include forward-looking statements made pursuant to the Safe Harbor Provisions of federal securities laws. Our earnings release as well as our Form 10-K filed with the SEC lists some of the factors, which may cause actual results to differ materially from the forward-looking statements we may make. They’re also referenced on page two of our presentation material. With that, let’s start our teleconference with comments from Lee Thomas, Chairman, President and CEO. Lee? Lee Thomas Thanks, Hans. Well, I feel like we really had a good solid quarter. Good performance from each one our businesses. I had an eye procedure last night and as a result I am not able to read for the next couple of days or at least the doctor asked me not to. But I did have a statement and I am going to ask Hans to read that and when Hans finishes that, we’re going to turn it over to Paul and Charlie and Jack to talk about their businesses and then I’ll come back to participate in the Q&A session. Go ahead, Hans.