Doug Yearley | CEO |
Bob Toll | Executive Chairman |
Rick Hartman | President & COO |
Marty Connor | CFO |
Gregg Ziegler | Senior VP & Treasurer |
John Lovallo | Bank of America Merrill Lynch |
Dan Oppenheim | UBS |
Dennis McGill | Zellman & Associates |
Stephen East | Wells Fargo |
Susan Maklari | Credit Suisse |
Michael Rehaut | JPMorgan |
Megan McGrath | MKM Partners |
Trey Morrish | Evercore ISI |
Jack Micenko | SIG |
Jay McCanless | Wedbush Securities |
Matthew Bouley | Barclays |
Ken Zener | KeyBanc |
Alex Barron | Housing Research Center |
Good morning and welcome to the Toll Brothers' Second 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 also note this event is being recorded. I'd like to turn the conference call over to Doug Yearley, CEO.