Mohawk Industries' CEO Discusses Q3 2011 Results - Earnings Call Transcript
Mohawk Industries ( MHK ) Q3 2011 Earnings Call November 4, 2011 11:00 AM ET
Operator
Good morning. My name is Stephanie, and I will be your conference operator today. At this time, I would like to welcome everyone to the Mohawk Industries Third Quarter 2011 Earnings Conference Call. [Operator Instructions] As a reminder, ladies and gentlemen, this conference is being recorded, today, November 4, 2011. Thank you. I would like to introduce Jeff Lorberbaum, Chairman and CEO of Mohawk Industries. Please go ahead, sir.
Jeff Lorberbaum
Good morning. Thank you for joining our third quarter 2011 conference call. With me on the call is Frank Boykin, our CFO, who will review our Safe Harbor statement and later our financial results.
Frank H. Boykin
I would like to remind everyone that our press release and statements we make on this call may include forward-looking statements, as defined in the Private Securities Litigation Reform Act of 1995, which are subject to various risk and uncertainties, including, but not limited to, those set forth in our press release and our periodic filings with the Securities and Exchange Commission. This call may include discussion of non-GAAP numbers. You can refer to our Form 8-K and press release at the Investor Information section of our website for a reconciliation of any non-GAAP to GAAP amounts.
Beyonce Pregnant: Readies for Baby with Massive New 'Crib'
Insider has said that the couple's pad "will have a nursery that is 2,200 square feet" by the time they're finished. Wow, can that be right?! Talk about an MTV-worthy "crib." It sounds more like a penthouse than a nursery.The huge amount of square footage dedicated to Beyonce and Jay-Z's baby's room is not only shocking because of its location in an NYC apartment, where space is at a premium, but for the sheer fact that it's bigger than many people's entire homes. Of course, the insider revealed that disbelief and perhaps slight disdain for such a lofty nursery has already been voiced, "Some people are like, 'Won't you be scared to leave your baby in that huge room?'"
However, the area for the nursery is probably not just one gigantic room. The more likely scenario is that it's a space that includes a bedroom for the crib, changing table, toys and other baby necessities, along with maybe a big closet (for all those House of Dereon-designed outfits, perhaps!), a bathroom and powder room, and a sitting room—no doubt with a rocking chair for plenty of Beyonce lullabies.