Elizabeth Boland | Chief Financial Officer |
Stephen Kramer | Chief Executive Officer |
Dave Lissy | Executive Chairman |
Michael Cho | JPMorgan |
Ryan Leonard | Barclays |
Gary Bisbee | Bank of America |
Jeff Meuler | Baird |
Brian Zimmerman | Goldman Sachs |
Mario Cortellacci | Macquarie |
Jeff Silber | BMO Capital Markets |
Greetings and welcome to the Bright Horizons Family Solutions Fourth Quarter 2018 Earnings Release Conference Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference is being recorded. I would now like to turn the conference over to your host Elizabeth Boland, Chief Financial Officer.