Jill Peters | SVP, IR |
Jeffrey Mezger | Chairman, President, and CEO |
Jeff Kaminski | EVP and CFO |
Alan Ratner | Zelman & Associates |
Stephen Kim | Evercore ISI |
Megan McGrath | MKM Partners |
Michael Rehaut | JPMorgan |
Nishu Sood | Deutsche Bank |
Jay McCanless | Wedbush Securities |
Matthew Bouley | Barclays Capital, Inc. |
Jade Rahmani | KBW |
John Lovallo | Bank of America Merrill Lynch |
Susan Maklari | UBS Investment Bank |
Good afternoon. My name is Devon and I'll be your conference operator for today. I would like to welcome everyone to the KB Home 2018 First Quarter Earnings Conference Call. At this time, all participants are in a listen-only mode.
Following the company's opening remarks we will open the lines for questions.