Item 2.02. Results of Operations and Financial Condition.
On February 18, 2009, LodgeNet Interactive Corporation ("LodgeNet") issued a
press release regarding its financial results for the fourth quarter and full
year of 2008 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, February 18, 2009 at 4:00
pm CST. A live webcast of the teleconference will also be available via the
Internet at the InterCall website. The webcast will be archived at that site for
one month and can be accessed via LodgeNet's website at www.lodgenet.com.
Additionally, LodgeNet has posted slides at its website under the Investor
Relations, 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 include 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)