Good day, ladies and gentlemen, and welcome to the First Quarter 2015 Weyco Group Earnings Conference Call. My name is Tony and I'll be your operator for today. At this time, all participants are in listen-only mode. Later, we will conduct a question-and-answer session. [Operator Instructions] I would now like to turn the conference over to your host for today Mr. John Wittkowske, Chief Financial Officer. Please proceed.

Thank you. Good morning and welcome to Weyco Groups conference call to discuss our first quarter 2015 earnings. On this call today are Tom Florsheim Jr., our Chairman and CEO and John Florsheim, our President and COO. Before we begin to discuss the results for the quarter, I’ll read a brief disclaimer. During the course of this call, we may make projections or other forward-looking statements regarding our current expectations concerning future events and the future financial performance of the company. We wish to caution you that such statements are just predictions and that actual events or results may differ materially. We refer you to Weyco Group’s most recent Form 10-K that is filed with the Securities and Exchange Commission. The Form 10-K identifies important factors and risks that could cause the company’s actual results to differ materially from our projections. Additionally, some comparisons may refer to non-GAAP measures. Our SEC filings may contain additional information about these non-GAAP measures and why we use them. We achieved record first quarter net sales of $78.1 million in 2015, which represents a 4% increase over the last year’s net sales of $74.9 million. Operating earnings increased 19% to $5.8 million, up from $4.9 million. Net earnings attributable to Weyco Group rose 13% to $3.6 million, up from $3.2 million. Diluted earnings per share were $0.33 in the first quarter compared with $0.29 in 2014. In the North American wholesale segment, net sales for the first quarter of 2015 were $61.1 million, up 8% as compared with $56.7 million in 2014. Wholesale gross earnings as a percent of net sales were 31%, compared to 30.4% last year. Selling and administrative expenses for the wholesale segment were $14.2 million or 23% of net sales compared with $13.7 million or 24% of net sales in…

Thanks John and good morning. As previously mentioned, our wholesale business in North America grew by 8% during the first quarter. Given the uneven nature of retail at the beginning of this year, we feel good about our performance. Looking forward we believe we are well-positioned with all of our major brands and have good momentum as we complete the fall 2015 booking season. Our BOGS business once again had a largest percent increase with a gain of 20% in the first quarter. The brand benefited from late winter weather that impacted much of the country through March resulted in strong sell-throughs of cold weather boots. BOGS also had increased shipments and categories beyond its classic insulated boots. Non-insulated rain boots were up substantially in the first quarter. We also expanded our casual products including shipments of all weather footwear and the introduction of BOGS sandals for both men and women. While it’s very early in the spring season, the initial read on BOGS sandal sales in the e-commerce trade channel has been positive. We remain very enthused about the potential of BOGS and are anticipating further success broadening the reach of the brand into other footwear segments this fall and beyond. Our Stacy Adams sales increased 15% this past quarter continuing the strong trend the brand exhibited in the back half of last year. Sales of Stacy Adams were up across all major trade channels. From a product perspective, shipments of the modern dress, shoe category were up significantly. The brand also increased its casual shoe sales this past quarter which is inline with Stacy Adams’ long-term objective of extending its reach and to the relaxed lifestyle segment. License product sales were up over 20% in the first quarter. In January, the company announced the new licensing agreement with…

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[Operator Instructions] There are no questions in the queue at this moment.

Okay, then turn it back over to me. We appreciate everybody’s attendance on our call and we will talk to you next quarter. Thanks again. Have a great day.