Brian Shipman | SVP, IR |
John Lynch | President & CEO |
Joe Abbott | CFO |
Drew Crum | Stifel |
Jeff Silber | BMO Capital Markets |
Peter Appert | Piper Jaffray |
Bill Warmington | Wells Fargo |
Good morning, and welcome to Houghton Mifflin Harcourt's Third Quarter 2017 Earnings Call. I would like to inform you that this call is being recorded. [Operator Instructions] I would now like to introduce Brian Shipman, Senior Vice President of Investor Relations for Houghton Mifflin Harcourt. Mr. Shipman, you may begin.