Mike Eliason | Vice President, Investor Relations and Treasurer |
Jim Hallett | Chief Executive Officer and Chairman |
Eric Loughmiller | Executive Vice President and Chief Financial Officer |
Ryan Brinkman | JPMorgan |
Matthew Fassler | Goldman Sachs |
John Murphy | Bank of America Merrill Lynch |
Benjamin Bienvenu | Stephens, Inc. |
Bret Jordan | Jefferies |
Gary Prestopino | Barrington Research |
Robert Labick | CJS Securities |
Chris Bottiglieri | Wolfe Research |
James Albertine | Consumer Edge Research |
Matthew Paige | Gabelli |
Good day, ladies and gentlemen and welcome to the KAR Auction Services Fourth Quarter Fiscal Year 2017 Earnings Conference Call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session and instructions will follow at that time. [Operator Instructions] As a reminder, this conference call is being recorded. I would now like to turn the conference over to your host for today, Mike Eliason, Vice President, Investor Relations and Treasurer.