Q2 2021 Copart Inc Earnings Call Transcript
Good day, everyone, and welcome to the Copart, Inc. Second Quarter Fiscal 2021 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. John North, Chief Financial Officer of Copart, Inc. Please go ahead, sir.
Thanks.
During today's call, we will discuss certain non-GAAP measures, which include adjustments to reverse the effect of certain discrete income tax items, foreign currency-related gains, certain income tax benefits and payroll taxes related to the accounting for stock option exercises.
We provided a reconciliation of these non-GAAP financial measures to the most directly comparable GAAP measures on our Investor Relations website and in our press release issued yesterday. We believe these non-GAAP measures, together with our corresponding GAAP measures, are relevant in analyzing our results and assessing our business trends and performance.
In addition, our comments today
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