Good morning. Thank you for joining us today for our annual meeting. My name is Hank Dimon, and I'm Senior Vice President Investor Relations And Corporate Communications for Take 2. Please note that today's shareholder meeting is being broadcast via listen only webcast that is available on our website at www.take2games.com. A replay of the webcast will also be available on our website later today.
I'd like to remind everyone that the statements made during this meeting that are not historical facts are considered forward looking state under federal securities laws. These forward looking statements are based on the beliefs of our management, as well as assumptions made by and information currently available to us We have no obligation to update these forward looking statements. Actual operating results may vary significantly from these forward looking statements based on a variety of factors. Other important factors and information are contained in the company's annual report on Form 10 K for the fiscal year ended March 31 2014, including the risks summarized in the section entitled Risk Factors. The company's quarterly report on Form 10 Q for the fiscal quarter ended June 30, 2014.
And the company's other periodic filings with the SEC, which can be accessed at www.take2games.com. I'd now like to introduce Strauss, Chairman and CEO of Take 2.
Good morning. Thank you, Hank. The annual meeting of stockholders of Take 2 Interactive Software will please come to order. Today's agenda in includes a review of the procedures for today's meeting and the proposals to be voted upon and a question and answer session. I'd like to introduce our officers who are here with us.
If you just raise your hand, I wanna introduce you, Carl Slightoff, our president, Lainie Goldstein, our Chief Financial Officer, Neil Foster, Executive Vice President of Operations Dan Emerson, Senior Vice President And Deputy General Counsel, and Linda Zabriskie, Vice President, Associate General Counsel and Secretary. I'd also like to introduce our board members who are present today, Jay Moses, Michael Dornaman, Michael Shuresky, and Susan Talson. I'll now turn the floor over to Dan Emerson.
Thank you, Strauss. Good after good morning. I will act as chair of this portion of the meeting, Ms. Zabriski will act as secretary of the meeting. The meeting will be conducted in accordance with the agenda that was distributed at the start of the meeting.
As detailed in Take 2's proxy filing, the proposals to considered and voted upon at this annual meeting are as follows. The election of 6 directors to hold office until the next annual stockholder meeting, and until their respective successors have been duly elected and qualified. The approval of certain amendments under and the reapproval of the performance goals specified therein. The approval on a non bind advisory basis of the compensation of the company's named executive officers. The ratification of the appointment of Ernst Son Young LLP as our independent registered public accounting firm for the fiscal year ending March 31, 2015, and such other business as may properly come before the annual shareholder meeting or any adjournment thereof.
I will note that only stockholders of record the close of business on July 25 2014, are entitled to vote on these proposals at this annual meeting or any adjournment thereof. And distributed today to ensure that stockholders have an opportunity to properly consider and vote upon the business to come before must be a stockholder of record as of the July 25 2014 record date where a person holding a valid proxy from a stockholder of record. Stockholder stockholders of record should have a yellow coded name tag and a yellow index card such as this. Stating that they are a stockholder of record, which was provided at the registration area before the meeting. Following the presentation of the proposals on the agenda, And while the polls are deemed open for voting on the proposals, we will entertain questions directly related to the matters being voted upon.
During question and answer period, each speaker will be limited to 3 minutes. Anyone who would like to ask a question will do so using the microphone at the front of the room in order to have that questions heard on our webcast today. Any stockholder that wants to ask a question must state their name and whether they are a personal stockholder or an authorized representative of a stockholder, in which case, such stockholder must also be identified. No one shall be permitted to allot all or part of their time to another speaker. After we have concluded will open the floor to general questions.
By your presence at this meeting, you acknowledge your understanding of and willingness to abide by the procedural rules that were provided to you today. Now let us continue with the business of the meeting. Ms. Zabriski, will you please present proof of notice of this meeting? Let the record reflect that I have been presented with a copy of the notice of annual meeting of stockholders dated July 28 2014, and the proxy date of July 28, 2014, together with an affidavit of an authorized representative of Broadridge, the company responsible for mailing said materials, affirming as to the mailing on August 4 2014 of the notice of annual meeting and proxy material to stockholders of record as close of business on July 25 2014.
I order the affidavit of mailing be filed with the minutes of this meeting. Ms. Briski, will you please present a list of stockholders as of the close of business on July 25 2014, the record date by the Board of Directors for the purpose stockholders of record as of the close of business on July 25 2014, furnished by an authorized representative of the company's transfer agent. There are 83,862,001,100 shares of common stock titled to vote at this meeting. The list of stockholders will be open for inspection by any stockholder of record for the duration of this meeting.
I hereby appoint Tom Tai of Broadridge to act as the Inspector of Elections to determine, 1, the number of shares outstanding and titled to vote. 2, the number of shares represented at the meeting. 3, the existence of a quorum. 4, the validity and effective proxies, and 5, to receive and tabulate the votes on the matters to be acted upon at the meeting. Mr.
Ty has executed in affidavit to faithfully execute his duties as the inspector. The secretary will attach the affidavit of the minutes of this meeting. It is anticipated that the results will be reported Is there any stockholder present who has not filled out in the attendance sheet showing the name of the stockholder and the number of shares he or she owns? K. While stockholders of record who have not submitted proxies should do so, unless they wish to vote in person.
If you have previously executed a proxy and now wish to vote in person, the proxy will be returned upon your request. Mr. Thai, please state the number of shares of common stock present in person or by proxy.
There are present by proxy and in person more than 50 percent of
the outstanding shares entitled to vote at this meeting. Legal notice of the meeting haven't been given in a quorum being present. The meeting is lawfully convened and ready to transact business. Nominations are now in I'm sorry, the first order of business on the agenda is to elect 6 directors to serve until the annual meeting of stockholders of the company Nominations are now in order.
I nominate the following persons who are named in the company's proxy statement to serve as directors of the company until the annual meeting of stockholders to be held in 2015 and until their successors have been duly elected and qualified. Droud Zelnick, Robert a Bowman, Michael Dorneman, Jay Moses, Michael Sharesky, and Susan Toulton.
I second the nominations.
If there is a stockholder who does not yet have a ballot who wishes to vote in person, please raise your hand so the Inspector of Elections can deliver a ballot to you. The next Upper Inc. 2009 stock incentive plan, including an increase in the available shares reserve there and the reapproval of the performance goals specified therein. Proposals are now in order.
I propose that the stockholders approve certain amendments to the Take 2 Interactive Software, Inc. 2009 stock incentive plan as set forth in annex and scores specified therein. I second the proposal.
If there is a stockholder who does not yet have a ballot, who is to vote in person, please raise your hand so that the Inspector of elections can deliver a ballot to you. The next order of of the company's named executive officers. Proposals are now in order.
I propose that the stockholders approve on a non buy advisory basis, the compensation of the company's named executive officers as set forth in the proxy statement.
I second the proposal.
If there is a stockholder who does not yet have a ballot who wishes to vote in person, please raise your hand so that the Spector of Elections can deliver a ballot to you. The next order of business on the agenda to vote upon the proposal to ratify the appointment of Ernst And Young LLP as the company's independent registered public accounting firm for the fiscal year ending March 31, 2015. Set Seneca, who are here today, representing ENY, and will be available to answer questions after the meeting. Proposals now in order.
I propose that the stockholders approve the ratification of the appointment of Ernst And Young LLP as the company's independent registered public accounting firm for A proxy statement.
I second the proposal.
If there is a stockholder who does not yet have a ballot, wish us to vote in person, please raise your hand so that the Inspector of Elections can deliver a ballot to you. Do any stockholders have questions relating to the business of this meeting? As a reminder, please limit your questions directly to the proposals presented that are to be voted upon this information on your balance and capture votes as you have intended to for the 4 agenda items. With the Inspector of Elections, please collect the ballots. The ballots having been collected, I now declare the polls closed.
The Inspector of Elections will tabulate the results of the voting, which will be reported to me as soon as practicable. As I noted earlier, Once the business of the meeting has concluded, we will officially conclude this meeting. There meeting is hereby concluded and we will now open the floor to a question and answer period. Name and whether they are a personal stockholder or an authorized representative of a stockholder, in which case such stock hold stockholder must be identified. At this point, I will turn the floor over
Would be happy to take your questions observing the rules that Mr. Emerson outlined? Please.
Good morning. My name is Howard Turnbull. I'm a have, two two questions. Mainly, what percent of the company's revenues is Internationally overseas?
Thanks for your question. The it's about 45% currently, including our sports titles, excluding our sports titles, which tend to skew a bit domestically. It's higher.
Oh, okay. And my second question, Mister Tye can attest to this. I also have to be a shareholder of WW, and I noticed that the the 2 k is is part of you, highlighted in annual report. I know you you're gonna have to new 2 K 15 coming out next month, although I understand one of the former wrestlers is trying to get injunction on it. I don't know how that's gonna affect you folks' revenues or licensing, etcetera, based on your prior experience on the 2 K14, what percentage of that was also part of the company's revenues overall?
We don't break out individual titles as a percent. And we we were really happy with how WWE performed last year. It was our 1st with the title. And we're very excited about bringing it to next gen platforms this year. We think it's going to
do really well. Okay. Thank you
very much. Thank you for your questions. Do we have any other questions today? I think this concludes our meeting. Thank you so much for joining