Atkore Inc.

Good morning. My name is Jerome and I'll be your conference operator today. At this time, I would like to welcome everyone to Opcor's fourth quarter and full year fiscal 2021 earnings conference call. All lines have been placed in a listen-only mode. After the speaker's remarks, there will be a question and answer session. If you would like to ask a question during this time, simply press star followed by the number one on your telephone keypad. If you would like to withdraw your question, press the pound key. As a reminder, this conference call is being recorded. Thank you. I would now like to turn the conference over to your host, John Deitzer, Vice President of Treasury and Investor Relations. Thank you. You may begin.

Thank you, and good morning, everyone. I'm joined today by Bill Waltz, President and CEO, as well as David Johnson, Chief Financial Officer. We will take your questions after comments by Bill and David. I would like to remind everyone that during this call, we may make projections or forward-looking statements regarding future events or financial performance of the company. Such statements involve risks and uncertainty such that actual results may differ materially. Please refer to our SEC filings in today's press release, which identify important factors that could cause actual results to differ materially from those contained in our projections or forward-looking statements. In addition, any reference in our discussion today to EBITDA means adjusted EBITDA. With that, I'll turn it over to Bill.

Thanks, John, and good morning, everyone. Starting on slide three, I'm pleased to report that ACOR again delivered outstanding performance and record results in the fourth quarter and for the full fiscal year. As we wrap up a truly amazing year, we also want to take some time in our discussion today to share some of our thoughts on the future. Looking forward into fiscal 2022, we are pleased to increase our expectations for Adjacente Bada to a range of $650 to $700 million. This is up considerably from the perspective we shared back in August, and we are confident in our ability to continue to execute despite the level of uncertainty in the macroeconomic environment. As we look beyond 2021, we are committed to our three conduits of growth and believe we have the right strategy and capital deployment model to drive both near-term and long-term value creation. David will cover this in more detail, but we expect to deploy over $1 billion in cash over the next two to three years. Included within that amount is a new $400 million share repurchase authorization that our Board of Directors approved this week. We'd also like to share some insights into how we are driving our ESG commitments, along with highlighting the significant progress we made over the past few years. Beyond our own ESG efforts, I'll also speak to how Accor supports the global drive to increase electrification. As I hope you can tell, we are very pleased with our performance this year, but we're even more excited about building a longtime franchise for the future. We're thankful for the hard work and dedication from our 4,000 employees, and we want to recognize each of them for their amazing contributions to this year and their focus on always serving our customers as best we can. With that, I'll turn the call over to David to discuss the quarter.