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Automatic Data Processing's (ADP) CEO Carlos Rodriguez on Q1 2016 Results - Earnings Call Transcript


Good morning. My name is Ben and I will be your conference operator. At this time, I would like to welcome everyone to ADP’s First Quarter Fiscal 2016 Earnings Webcast. I would like to inform you that this conference is being recorded and all lines have been placed on mute to prevent any background noise. [Operator Instructions] Thank you. I will now turn the conference over to Ms. Sara Grilliot, Vice President, Investor Relations. Please go ahead.

Sara Grilliot - Vice President, Investor Relations

Thank you. Good morning, everyone. This is Sara Grilliot, ADP’s Vice President, Investor Relations, and I am here today with Carlos Rodriguez, ADP’s President and Chief Executive Officer and Jan Siegmund, ADP’s Chief Financial Officer.

Thank you for joining us for our first quarter fiscal 2016 earnings call and webcast. Before we begin, you may have noticed in this morning’s earnings release that we are now including a condensed statement of cash flows to assist you in updating your models ahead of our quarterly 10-Q filing. We will also discuss certain growth measures on a constant dollar basis, which adjusts for the impact of foreign currency. You will...