Forward-looking statements involve risks and uncertainties. In some cases, you can identify forward-looking statements by terminology such as “guidance,” “believe,” “anticipate,” “expect,” “estimate,” “intend,” “seek,” “continue,” “should,” “would,” “could,” “will,” or “may,” or the negative of these terms or other comparable terminology. These forward-looking statements include statements related to gaining access to Lifetouch customers after our acquisition the benefit Lifetouch customers stand to gain from Shutterfly Photos the expectation to realize revenue from Lifetouch customers the expectations of realizing acquisition synergies the plan to have our Texas facility serve all of our business segments the closing of four legacy Lifetouch facilities and related employee considerations the plan to acquire customers through multiple marketing channels the plan to attract, retain and grow our leadership team the anticipated departure of our CEO our expected secured gross leverage ratio any effect we would experience from a change in interest rates the anticipation that our current cash balance and cash generated from operations will be sufficient to meet our strategic and other financial requirements our intent to continue to expand our use of cloud services our intent to pursue patent coverage in other countries our plan to reinstate our stock repurchase program in the fourth quarter of 2019 as well as other statements regarding our future operations, financial condition and prospects and business strategies.
This report, including the following Management’s Discussion and Analysis of Financial Condition and Results of Operations, contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are based upon our current expectations.
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