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Thanks, Tom, and good morning. I too would like to begin by expressing my gratitude to all our team members for the extraordinary focus and energy all through 2020 regardless of the unprecedented times. Our entire staff adjusted, tailored and continued to execute our priorities. In Q4, our internet gross sales of $2.4 billion increased 12%. Adjusted gross profit margin expanded 192 basis factors to 45.9%. pushed primarily by inventory-associated objects, price and price enhancements as well as provide chain leverage. As our primary focus all year long was on the health and security of our workforce members and clients, we quickly paused our bodily inventory counts earlier this year. When we resumed these in Q4, our precise shrink charges have been much better than we had anticipated. This resulted in a profit in inventory-associated costs due to a reduction in the reserve to replicate the positive result. LIFO-related impacts have been a tailwind this quarter versus prior yr. This will be the final quarter we included LIFO impacts in our adjusted monetary outcomes as we will start reporting in Q1 2021 excluding any advantages or expenses from LIFO and our adjusted monetary measures.

The Toyota Prius unique debuted as an idea automobile at the Tokyo Motor Show in 1995. The Toyota Prius turned obtainable to the customers of Japan in 1997 because the world’s first mass-produced hybrid-electric automobile. In 2001, the Toyota Prius was shipped to markets worldwide. The Toyota Prius is now obtainable in over 70 nations and as of September 2010 has achieved over 2 million vehicle sales. The primary era included the Toyota Prius NWH10, which became available in late 1997 to the Japanese market. It additionally included the Toyota Prius NHW11, the first Prius available to the United States. These fashions first appeared as a coupe design, till the second technology with the introduction of the mid-dimension liftback design that the Toyota Prius is known for right now. To fulfill the wants of the common commuting client in the United States, the Toyota Prius NWH11 included a more compact, lighter, extra highly effective battery pack and the engine energy was increased. By June 2000, so much interest for the Toyota Prius had been generated within the United States that Toyota created a registration web site for these occupied with buying the Toyota Prius upon its launch.
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