DST Systems (DST) Q4 2011 Earnings Call February 07, 2012 8:30 am ET Executives Thomas A. McDonnell - Chief Executive Officer and Director Stephen C. Hooley - President, Chief Operating Officer and Member of Proxy Committee Kenneth V. Hager - Chief Financial Officer, Vice President, Treasurer and Member of Proxy Committee Analysts David J. Koning - Robert W. Baird & Co. Incorporated, Research Division James F. Kissane - Crédit Suisse AG, Research Division David Togut - Evercore Partners Inc., Research Division Peter J. Heckmann - Avondale Partners, LLC, Research Division Greg Smith - Sterne Agee & Leach Inc., Research Division PresentationOperator
Good morning, and welcome to the DST Systems Fourth Quarter and Year-End Earnings Conference Call. [Operator Instructions] Thank you. I would now turn the conference over to your host, Mr. Tom McDonnell. Please go ahead. Thomas A. McDonnell Good morning, and thank you for joining us this morning. Here with me in Kansas City are Steve Hooley, DST's President and Chief Operating Officer; and Ken Hager, our Chief Financial Officer. Before beginning, I'd like to remind everyone that in the course of our conference call today, we will make forward-looking statements regarding DST or some of its businesses. Such statements are based on our views as of today, and actual results could differ materially from forecasted results. There could be a number of factors affecting future results including those risk factors set forth in our latest annual and quarterly reports, which we filed with the SEC. All such factors should be considered in evaluating any forward-looking statements that we will make today. Since the participants on the call have had access to our detailed earnings release, we'll focus our comments on those areas that we think are particularly significant. As a reminder, all of our comments on our financial results refer to our non-GAAP results. The reconciliation to the most comparable GAAP measures are included in the fourth quarter earnings release itself.