|David Collins||Controller and Vice President|
|Stuart Miller||Executive Chairman|
|Jon Jaffe||Co-Chief Executive Officer and President|
|Diane Bessette||Chief Financial Officer|
|Truman Patterson||Wolfe Research|
|Susan Maklari||Goldman Sachs|
|Stephen Kim||Evercore ISI|
|Alan Ratner||Zelman & Associates|
|Ken Zener||Seaport Research Partners|
Welcome to Lennar's Third Quarter Earnings Conference Call. At this time, all participants are in a listen-only mode. After the presentation, we will conduct a question-and-answer session. Today's conference is being recorded.
If you have any objections, you may disconnect at this time.