Derek Kimmerle | Director-SEC Reporting |
Larry Mizel | Chairman and CEO |
Bob Martin | CFO |
John Lovallo | Bank of America |
Tim Daley | Deutsche Bank |
Maggie Wellborn | JPMorgan |
Paul Przybylski | Wells Fargo |
Alan Ratner | Zelman and Associates |
Jay McCanless | Wedbush Securities |
Ken Zener | KeyBanc |
Stephen Kim | Evercore |
Alex Barrón | Housing Research Center |
Buck Horne | Raymond James |
Good day, everyone, and welcome to the M.D.C. Holdings 2018 Fourth Quarter Conference Call. [Operator Instructions] And please note that today's event is being recorded. And I would now like to turn the conference over to Derek Kimmerle, Director of SEC Reporting. Please go ahead.