Drew Mackintosh | Investor Relations |
Larry Webb | Chief Executive Officer |
John Stephens | Chief Financial Officer |
Leonard Miller | Chief Operating Officer |
Alan Ratner | Zelman Associates |
Will Randow | Citigroup |
Alex Barron | Housing Research Center |
Greetings and welcome to The New Home Company's Fourth Quarter and Full Year 2017 Results Conference Call. At this time all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference is being recorded. It is now my pleasure to turn this conference over to Drew Mackintosh, Investor Relations.