Scholastic's CEO Discusses Q3 2012 Results - Earnings Call Transcript

Scholastic (SCHL)

Q3 2012 Earnings Call

March 15, 2012 8:30 am ET

Executives

Jeffrey Mathews -

Richard Robinson - Chairman, Chief Executive Officer, President and Chairman of Executive Committee

Maureen E. O’Connell - Chief Financial Officer, Chief Administrative Officer and Executive Vice President

Margery W. Mayer - Executive Vice President and President of Scholastic Education

Analysts

Andrew E. Crum - Stifel, Nicolaus & Co., Inc., Research Division

Barry L. Lucas - Gabelli & Company, Inc.

Presentation

Operator

Good day, ladies and gentlemen, and welcome to the Scholastic Q3 FY 2012 Earnings Call. [Operator Instructions] As a reminder, today's conference call is being recorded. I'd now like to turn the conference over to your host, Mr. Jeffrey Matthews, Vice President of Corporate Strategy, Business Development and Investor Relations. Please go ahead.

Jeffrey Mathews

Thanks, Ellie. And good morning, everyone. Before we begin, I'd like to point out that the slides for this presentation are available for simultaneous viewing on our Investor Relations website at investor.scholastic.com.

I’d also like to note that this presentation contains certain forward-looking statements which are subject to various risks and uncertainties, including the conditions of the children’s book and educational materials markets, that accompanies products within those markets, and other risks and factors identified from time to time in the company’s filings with the Securities and Exchange Commission. Actual results could differ materially from those currently anticipated.

Also, our comments today include references to certain non-GAAP financial measures as defined in Regulation G. The reconciliation of these non-GAAP financial measures with the relevant GAAP financial information and other information required by Regulation G is provided in the company's earning release, which is posted on the company's Investor Relations website at investor.scholastic.com.

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