Corrections Corporation of America's (CXW) CEO Damon Hininger on Q4 2015 Results - Earnings Call Transcript

Feb. 11, 2016 6:57 PM ETCoreCivic, Inc. (CXW)
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Corrections Corporation of America (NYSE:CXW) Q4 2015 Results Earnings Conference Call February 11, 2016 11:00 AM ET

Executives

Cameron Hopewell - CCA's Managing Director of Investor Relations

Damon Hininger - President and Chief Executive Officer

David Garfinkle - Executive Vice President and Chief Financial Officer

Brian Hammonds - Vice President of Finance

John Ferguson - Chairman of the Board

Analysts

Kevin McVeigh - Macquarie

Michael Curtis - Canaccord Genuity

Operator

Good morning. My name is Lauren and I will be your conference operator. As a reminder, this call is being recorded. At this time, I'd like to welcome you to Corrections Corporation of America's Fourth Quarter and Full Year 2015 Financial Results Conference Call. All lines have been placed on mute to avoid any background noise. After the speaker's remarks, there will be a question and answer session. [Operator Instructions] Thank you.

I would now like to turn the call over to Cameron Hopewell, CCA's Managing Director of Investor Relations. Mr. Hopewell, you may begin your conference.

Cameron Hopewell

Thanks Lauren. Good morning ladies and gentlemen and thank you for joining us. Participating on today's call are Damon Hininger, President and Chief Executive Officer, and David Garfinkle, Chief Financial Officer. During today's call, our remarks will include forward-looking statements pursuant to the Safe Harbor provisions of the Private Securities and Litigation Reform Act. Our actual results or trends may differ materially as a result of a variety of factors, including those identified in our fourth quarter 2015 earnings release and in our Securities and Exchange Commission filings, including the forms 10-K, 10-Q and 8-K reports. You are also cautioned that any forward-looking statements reflect management's current views only and that the Company undertakes no obligation to revise or update such statements in the future.

This call will include a discussion

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