Operator
Welcome to vector group limited first quarter 2021 earnings conference call. During this call the terms adjusted operating income, adjusted net income, adjusted EBIT, da and tobacco adjusted operating income will be used. These terms are non gap financial measures, and should be considered in addition to, but not as a substitute for other measures of financial performance prepared in accordance with gap reconciliations to adjusted operating income, adjusted net income, adjusted EBITDA, and tobacco adjusted operating income are contained in the company s earnings release, which has been posted to the investor relations section of the company s website located at WWW dot vector Group Ltd calm.