The Ryland Group Inc., (RYL)
Q2 2012 Earnings Call
July 26, 2012 12:00 pm ET
Drew Mackintosh - VP, IR
Larry Nicholson - CEO
Gordon Milne - EVP & CFO
Dave Fristoe - SVP & Controller
Michael Rehaut - JPMorgan
Alan Ratner - Zelman & Associates
Adam Rudiger - Wells Fargo Securities
Joel Locker - FTN Securities
Anto Savarirajan - Goldman Sachs
Megan McGrath - MKM Partners
David Oppenheim - Credit Suisse
Nishu Sood - Deutsche Bank
David Goldberg - UBS
Alex Barron - Housing Research Center
Ken Zener - Key Bank
Paul Robusky - ISI Group
Buck Horne - Raymond James
Joshua Pollard - Goldman Sachs
Good day, ladies and gentlemen, and welcome to the Ryland Group Second Quarter Earnings Conference Call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session and instructions will follow at that time. (Operator Instructions). As a reminder, today’s call is being recorded.
I would now like to turn the conference over to your host Mr. Drew Mackintosh. You may begin.
Thank you. Good morning and welcome to Ryland’s second quarter 2012 earnings call. Today’s call is being transmitted live over the Internet and can be accessed through Ryland’s Investor Relation section of the website at www.ryland.com.
In a moment I’ll be turning over the conference call to Larry Nicholson, Ryland’s Chief Executive Officer. Also joining us today are Gordon Milne, Executive Vice President and Chief Financial Officer; and Dave Fristoe, Senior Vice President and Controller.