Operator Greetings and welcome to the Nautilus, Inc. 2021 transition period and conference call. [Operator instructions] 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, Mr. John Mills, with ICR. Thank you. You may begin. John Mills -- Investor Relations Thank you. Good afternoon, everyone. Welcome to Nautilus' 2021 transition period conference call. As previously announced, Nautilus changed its fiscal year in the 12 months beginning January 1 and ending December 31 to the 12 months beginning April 1 and ending March 31 to include the primary fitness season for exercise equipment in the same fiscal year and to better align with the fiscal year-end of retail partners.