Bruce Thomas | VP, IR |
Ashish Masih | President & CEO |
Jonathan Clark | EVP & CFO |
Kenneth Stannard | CEO, Cabot Credit Management |
Mark Hughes | SunTrust Robinson Humphrey |
David Scharf | JMP Securities |
Brian Hogan | William Blair |
Eric Hagen | KBW |
Good day, ladies and gentlemen, and welcome to the Encore Capital Group's Q3 2018 Earnings Conference Call. [Operator Instructions] As a reminder, this conference may be recorded. I would now like to turn the conference over to your host, Mr. Bruce Thomas. Sir, you may begin.