Douglas Yearley | Chairman and CEO |
Marty Connor | CFO |
Gregg Ziegler | SVP, and Treasurer |
Don Salmon | President, TBI Mortgage Company |
Stephen East | Wells Fargo |
Alan Ratner | Zelman & Associates |
John Lovallo | Bank of America Merrill Lynch |
Nishu Sood | Deutsche Bank |
Jack Micenko | FIG |
Susan Maklari | Credit Suisse |
Stephen Kim | Evercore ISI |
Buck Horne | Raymond James and Associates |
Ray Huang | JP Morgan |
Matthew Bouley | Barclays |
Ryan Tomasello | KBW |
Alex Barron | Housing Research Center |
Ken Ling | Citi |
Mike Dahl | RBC Capital Markets |
Good afternoon and welcome to the Toll Brothers Fourth Quarter 2018 Earnings Conference Call. All participants will be in listen-only mode. [Operator Instructions] After today’s presentation, there will be an opportunity to ask questions. [Operator Instructions] Please note, this event is being recorded. I would now like to turn the conference over to Douglas Yearley, Chairman and CEO.