Copart Inc (NAS:CPRT)
$ 58.46 -0.61 (-1.03%) Market Cap: 56.92 Bil Enterprise Value: 53.40 Bil PE Ratio: 41.60 PB Ratio: 7.20 GF Score: 97/100
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Q4 2019 Copart Inc Earnings Call Transcript

Sep 05, 2019 / 03:00PM GMT
Release Date Price: $20.15 (+6.54%)
Operator

Good day, everyone, and welcome to the Copart, Inc. Fourth Quarter Fiscal 2019 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, Jonathan. Good morning, everyone, and welcome to the fourth quarter earnings call for Copart.

Before I start, I'm going to turn it over to Jeff Liaw for opening remarks, and then I'll give you some commentary, turn it back to Jeff for an update, and then we'll open it up for Q&A. With that, let me turn over to Jeff.

Jeffrey Liaw
Copart, Inc. - President & CFO

Terrific. Thanks, Jay. I'll start with our safe harbor. During today's call, we'll discuss certain non-GAAP measures, including non-GAAP net income per diluted common share, which includes adjustments to reverse the effect of the impact of income taxes on the deemed

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