Harlan Toplitzky | The New York Times Co. |
Mark J. T. Thompson | The New York Times Co. |
James M. Follo | The New York Times Co. |
Meredith Kopit Levien | The New York Times Co. |
John Janedis | Jefferies LLC |
Alexia S. Quadrani | JPMorgan Securities LLC |
Douglas Middleton Arthur | Huber Research Partners LLC |
Craig Anthony Huber | Huber Research Partners LLC |
Kannan Venkateshwar | Barclays Capital, Inc. |
Good morning, and welcome to The New York Times Company's Fourth Quarter and Full Year 2017 Earnings Conference Call. All participants will be in listen-only mode. After today's presentation, there will be an opportunity to ask questions. Please note, this event is being recorded. I'd now like to turn the conference over to Harlan Toplitzky, Executive Director of Investor Relations and Financial Planning and Analysis.