Barbara Smith | Chairman of the Board, Chief Executive Officer and President |
Mary Lindsey | Senior Vice President and Chief Financial Officer |
PT Luther | Bank of America/Merrill Lynch |
Martin Englert | Jeffries |
Chris Terry | Deutsche Bank |
Michael Gambardella | J.P. Morgan |
Phil Gibbs | KeyBanc Capital Markets |
Piyush Sood | Morgan Stanley |
Charles Bradford | Bradford Research |
Aldo Mazzaferro | Mazzaferro Research |
Hello. And welcome everyone, to today's Commercial Metals Company Second Fiscal Quarter of 2018 Earnings Call. Today's call is being recorded. After the Company’s remarks, we will have a question-and-answer session, and we’ll have a few instructions at that time. I would like to remind all participants that during the course of this conference call, the Company will make statements that provide information other than historical information and will include expectations regarding key macroeconomic drivers that impact our business, our margins, refinancing plans, the exit from our International Marketing and Distribution segment, the Company's future operations, the Company's planned new steel mill in Oklahoma, capital spending and the Company's planned acquisition of certain U.S.