Ladies and gentlemen, thank you for standing by and welcome to the NACCO Industries Second Quarter Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speakers' presentation, there will be a question-and-answer session. I would now like to hand the call over to your speaker today, Christina Kmetko. Ma'am, please go ahead.

Thank you. Good morning everyone and welcome to our 2020 second quarter earnings call. I am Christina Kmetko and I'm responsible for Investor Relations at NACCO Industry. Thank you for joining us this morning. I hope you and your families are continuing to remain healthy and safe. I'll be providing a brief overview of our quarterly results and business outlook. And then I will open up the call for your questions. Joining me today are J.C. Butler, President and Chief Executive Officer of both NACCO and North American Coal, and Elizabeth Loveman, NACCO's Vice President and Controller. Yesterday, we published our second quarter 2020 result and filed our 10-Q. Copies of our earnings release and 10-Q are available on our website. For anyone who is not able to listen to today's entire call, an archived version of this webcast will be on our website later this afternoon and available for approximately 12 months. Our remarks that follow including answers to your questions contain forward-looking statement. These statements are subject to a number of risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements. Made here today. These risks include among others, matters that we have described in our earnings release issued last night and in our 10-Q and other filings with the SEC. We disclaim any obligation to update these forward-looking statements, which may not be updated until our next quarterly earnings conference call if at all. Let me start by saying that we sincerely thank those who continue to work to keep us safe, particularly those in the healthcare community and first responders. We would also like to recognize our employees who are ensuring we can continue to deliver coal in lines down both critical infrastructure industry to our customers. We…

While we're waiting if anybody does have any follow-up questions, you are more than welcome to reach out to me. My name and my phone number are all on the earnings release, Brian, it appears we don't have any questions today.

That is correct. We don't have any questions at this time.

Okay, I will turn the call over to JC Butler for some final comments.

Thanks, Christine, I will provide a response to one question that you shared with me that you received by email. It's a question we had before, so I will respond to it as well. Question was with regard to the differences between our coal mining segment and our North American mining segment in both of those businesses we operate predominantly with management fee, business arrangements, contractual arrangements with our customers whereby the customers provide paid costs through operations and we receive a fee for every unit of delivery and the question was with regards to why when our coal segment and our North American mining segment seemed to deliver similar volumes. Why is the profitability so different to the profits that is earned between these 2 segments so different. The answer to that question is because the scope of services that we provide are just drastically different between the two at a typical coal mining operation. We operate the entire mine everything from acquiring and permitting the raw land through permitting pre strip, mining, reclamation, and all the activities that are involved in the operation at a large mine be hundreds of employees at a large Coal Mine. In the North American mining segment, we really at this point of primarily focused on operating draglines of customer queries, so all we're doing is operating and maintaining the drag line, which only requires a very few employees. So it's the difference in the fees per unit of deliveries. I guess you would look at it. The difference is really just regard to the scope of services provided between those two segments, so hopefully that answers the question. Christy, I hand it back to you.

Okay, great. Well, thank you everyone for joining us today and again, if you do have any additional questions, please feel free to give me a call.