Item 2.02. Results of Operations and Financial Condition.
On October 21, 2009, LodgeNet Interactive Corporation ("LodgeNet") issued a
press release regarding its financial results for the third quarter of 2009 and
certain other information. A copy of the press release is furnished as
Exhibit 99.1 hereto.
LodgeNet will host a conference call on Wednesday, October 21, 2009 at 5:00
pm Eastern Time. A live webcast of the teleconference will also be available via
the Internet at LodgeNet's website at www.lodgenet.com. The webcast will be
archived at that site for one month. Additionally, LodgeNet has posted slides at
its website under the For Investors, Company Presentation section, which will be
referenced during the conference call. These slides are furnished as
Exhibit 99.2 hereto.
The press releases and the slides include information regarding operating
income which includes adjustments to amounts calculated under generally accepted
accounting principles. These measures are not in accordance with, or an
alternative for, GAAP, and may be different from similar measures used by other
companies. The operating income and cash flow information presented in the
slides are provided as a complement to results provided in accordance with GAAP
and are provided to give investors a more complete understanding of the
underlying operational results and trends in LodgeNet's performance. Management
believes this information is useful in analyzing historical results because it
shows investors and management the profitability of operations apart from the
major non-cash items. In addition, management uses the information as a basis
for planning and forecasting future periods. A reconciliation of this
information to the most directly comparable financial measure presented in
accordance with GAAP is provided in the slides.
The information in this Item 2.02 and Exhibits 99.1 and 99.2 shall not be
deemed "filed" for purposes of Section 18 of the Securities Exchange Act of
1934, as amended, nor shall it be deemed incorporated by reference into any
filing under the Securities Act of 1933, as amended.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
99.1 Press Release (furnished)
99.2 PowerPoint Slides (furnished)