Albert H. Nahmad | Watsco, Inc. |
Barry S. Logan | Watsco, Inc. |
Aaron J. Nahmad | Watsco, Inc. |
Paul W. Johnston | Watsco, Inc. |
Jeffrey Hammond | KeyBanc Capital Markets |
Matt Duncan | Stephens, Inc. |
Ryan J. Merkel | William Blair & Co. LLC |
David J. Manthey | Robert W. Baird & Co., Inc. |
Brett Logan Linzey | Vertical Research Partners LLC |
Charles Stephen Tusa | JPMorgan Securities LLC |
Robert D. Barry | Susquehanna Financial Group LLLP |
Josh Pokrzywinski | Wolfe Research LLC |
Robert Paul McCarthy | Stifel, Nicolaus & Co., Inc. |
Chris Dankert | Longbow Research LLC |
Walter Scott Liptak | Seaport Global Securities LLC |
Good morning and welcome to the Watsco, Inc. Fourth Quarter 2017 Earnings Conference Call. All participants will be in listen-only mode. After today's presentation, there will be an opportunity to ask questions. Please note this event is being recorded.