Franklin Covey Company (FC) F1Q2011 Results (Qtr End November 27, 2010) Earnings Call January 5, 2011 5:00 p.m. ET Executives Derek Hatch - Corporate Controller Bob Whitman - Chairman, President and CEO Steve Young - CFO, EVP, Finance, CAO, Corporate Secretary Shawn Moon - EVP, Global Sales and Delivery Jennifer Colosimo - COO, Operations Worldwide, EVP Analysts Joe Jansen - Barrington Research Julian Allen - Spitfire Capital Kevin Hanrahan - KMH Capital Advisors PresentationOperator
Good day, ladies and gentlemen, and welcome to the first quarter 2011 Franklin Covey earnings call. My name is Melanie and I'll be your coordinator today. At this time all participants are in a listen-only mode. We will accept your questions at the end of this conference. If you would like to ask a question, you may enter the queue by pressing star 1 on your touchtone phone. If at any time during the call you require operator assistance, please press star 0 on your phone and an operator will assist you. As a reminder, today's call is being recorded. I would now like to turn the call over to Mr. Derek Hatch, Corporate Controller. Please proceed. Derek Hatch Thank you, Melanie. On behalf of the company, I'd like to also welcome you to our first quarter fiscal 2011 earnings call today and hope you enjoy today's presentation. Before we get started, we'd like to begin with our forward-looking statement presentation, and remind you that this presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based upon management’s current expectations and are subject to various risks and uncertainties including, but not limited to, the ability of the company to stabilize and grow revenues, the ability of the company to hire productive sales professionals, general economic conditions, competition in the company’s targeted marketplace, market acceptance of new products or services and marketing strategies, changes in the company’s market share, changes in the size of the overall market for the company’s products, changes in the training and spending policies of the company’s clients, and other factors identified and discussed in the company’s most recent annual report on Form 10-K and other periodic reports filed with the Securities and Exchange Commission.