Life Time Fitness (LTM) Q2 2012 Earnings Call July 19, 2012 10:00 am ET Executives John Heller Bahram Akradi - Founder, Chairman, Chief Executive Officer and President Michael R. Robinson - Chief Financial Officer and Executive Vice President Analysts Brian W. Nagel - Oppenheimer & Co. Inc., Research Division Scott W. Hamann - KeyBanc Capital Markets Inc., Research Division Michael Lasser - UBS Investment Bank, Research Division Brent R. Rystrom - Feltl and Company, Inc., Research Division Lee J. Giordano - Imperial Capital, LLC, Research Division Sean P. Naughton - Piper Jaffray Companies, Research Division Paul Swinand - Morningstar Inc., Research Division PresentationOperator
Good day, ladies and gentlemen, and welcome to the Second Quarter 2012 Life Time Fitness Earnings Conference Call. My name is Keisha, and I'll be your operator for today. [Operator Instructions] As a reminder, this conference is being recorded for replay purposes. I would now like to hand the conference over to Mr. John Heller, Senior Director of Investor Relations. Please proceed. John Heller Thanks, Keisha. Good morning, and thank you for joining us on today's conference call to discuss the second quarter 2012 financial results for Life Time Fitness. We issued our earnings press release this morning. If you did not obtain a copy, you may access it at our website, which is lifetimefitness.com. Concurrent with the issuance of our second quarter results, we have filed a Form 8-K with the SEC, which also includes the press release. On today's call, Bahram Akradi, our Chairman, President and CEO, will discuss key highlights from our second quarter and our operations. Following that, Mike Robinson, our CFO, will review our financial highlights and update our financial guidance for 2012.