Douglas Yearley | Chairman & Chief Executive Officer |
Marty Connor | Chief Financial Officer |
Fred Cooper | Senior VP of Finance and Investor Relations |
Wendy Marlett | Chief Marketing Officer |
Gregg Ziegler | Senior VP and Treasurer |
Stephen Kim | Evercore ISI |
Truman Patterson | Wells Fargo |
Alan Ratner | Zelman & Associates |
Michael Rehaut | JPMorgan |
Anthony Pettinari | Citi |
Mike Dahl | RBC Capital Markets |
John Lovallo | Bank of America Merrill Lynch |
Susan Maklari | Goldman Sachs |
Ken Zener | KeyBanc |
Jade Rahmani | KBW |
Jack Micenko | SIG |
Matt Bouley | Barclays |
Alex Barron | Housing Research Center |
Good morning. And welcome to the Toll Brothers Fourth Quarter Fiscal Year End 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.