Valassis Communications Management Discusses Q2 2012 Results - Earnings Call Transcript

Valassis Communications (VCI)

Q2 2012 Earnings Call

July 26, 2012 11:00 am ET

Executives

Robert A. Mason - Chief Executive Officer, President and Director

Robert L. Recchia - Chief Financial Officer, Principal Accounting Officer, Executive Vice President, Treasurer, Director and Member of Executive Committee

James D. Parkinson - Chief Digital & Technology Officer and Executive Vice President

Analysts

Mark J. Zgutowicz - Piper Jaffray Companies, Research Division

William G. Bird - Lazard Capital Markets LLC, Research Division

Townsend Buckles - JP Morgan Chase & Co, Research Division

Charles Edward Cerankosky - Northcoast Research

Daniel Salmon - BMO Capital Markets U.S.

Edward J. Atorino - The Benchmark Company, LLC, Research Division

Bethany Caster

Presentation

Operator

Good day, ladies and gentlemen. Thank you for standing by. Welcome to the Valassis Second Quarter 2012 Earnings Conference Call. I would like to remind you that the discussion during this conference call will include forward-looking statements and that Valassis' actual results could differ materially from those projected in the forward-looking statements.

The factors that could cause actual results to be materially different from those expressed or implied by such forward-looking statements are discussed in the risk factors and the other sections of the 2011 annual report on Form 10-K and the reports on Form 10-Q and Form 8-K filed or furnished with the SEC.

Also, the discussion during this conference call will include certain financial measures that were not prepared in accordance with Generally Accepted Accounting Principles. Reconciliation of those non-GAAP financial measures to the most directly comparable GAAP financial measures can be found under the earnings releases and webcasts and presentations on Valassis' website at www.valassis.com in the Investors section. [Operator Instructions] This conference is being recorded today, Thursday, July 26 of 2012. And I would now like to turn the conference over to Rob Mason, President and Chief Executive Officer. Please go ahead, sir.

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