Sep 03, 2020 / 03:00PM GMT
Operator
Good day, everyone, and welcome to the Copart, Inc. Fourth Quarter Fiscal 2020 Earnings Call. Just a reminder, today's conference is being recorded.
For opening remarks and introductions, I would like to turn the call over to Mr. Jay Adair, Chief Executive Officer of Copart, Inc. Please go ahead, sir.
A. Jayson Adair - Copart, Inc. - CEO & Director
Thank you, Casey. Good morning, everyone, and welcome to our fourth quarter call. I'd like to pass over to Jeff Liaw, our President, to do the safe harbor, and then we'll go ahead and give you an update on the quarter. Jeff?
Jeffrey Liaw - Copart, Inc. - President & CFO
Thanks, Jay. During today's call, we'll discuss certain non-GAAP measures, which include adjustments to reverse the effect of certain discrete income tax items, disposal of nonoperating assets, foreign currency-related gains and losses, certain income tax benefits and payroll taxes related to accounting for stock option exercises and the effect on common equivalent shares from ASU 2016-09.
Q4 2020 Copart Inc Earnings Call Transcript
Sep 03, 2020
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