Darby Schoenfeld | VP, IR |
Kevin Stevenson | President and CEO |
Pete Graham | EVP and CFO |
Tiku Patel | CEO of PRA Group, Europe |
Bob Napoli | William Blair |
David Scharf | JMP Securities |
Mark Hughes | SunTrust Robinson Humphrey |
Robert Dodd | Raymond James |
Brian Hogan | William Blair |
Good afternoon, and welcome to the PRA Group 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, this conference is being recorded. I will now like to turn the conference over to Ms.