Al Nahmad | Chairman and Chief Executive Officer |
A.J. Nahmad | President |
Paul Johnston | Executive Vice President |
Barry Logan | Senior Vice President |
Robert Barry | Buckingham Research |
Brett Linzey | Vertical Research Partners |
Ryan Merkel | William Blair |
Dave Manthey | Baird |
Jeff Hammond | KeyBanc Capital Markets |
Stephen Volkmann | Jefferies LLC |
Ronald Newman | Private Investor |
Blake Hirschman | Stephens Inc. |
Good morning. Welcome to the Watsco Fourth Quarter 2018 Earnings Conference Call. All participants will be in listen-only mode. [Operator Instructions] Please note this event is being recorded. I would now like to turn the conference over to Mr.