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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Q2 2020 Copart Inc Earnings Call Transcript

Feb 20, 2020 / 04:00PM GMT
Release Date Price: $24.33 (-6.89%)
Operator

Good day, everyone, and welcome to the Copart, Inc. Second 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, Samantha. Good morning, everyone, and it's a pleasure to welcome you all to the second quarter call. I'm going to turn it over to Jeff Liaw, our President, for safe harbor, and then we'll give you -- I'll give you a quick update on the company, and he will give you an update on financial performance. So with that, 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, certain income tax benefits and payroll taxes related to accounting

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