Welcome to the Beasley Broadcast Group 2012 First Quarter Results Webinar. Today’s call is being recorded. At this time I’d like to turn the conference over to Ms. Caroline Beasley, Chief Financial Officer of Beasley Broadcast Group. Please go ahead.

Thank you, Lara, and good morning. Before beginning I’d like to emphasis that this webcast will contain forward--looking statements about our future performance and results of operations that involve risks and uncertainties described in the Risk Factors section of our most recent Form 10-K. Today’s webcast will also contain a discussion of certain non-GAAP financial measures within the meaning of Item 10 of Reg S-K. A reconciliation of these non-GAAP measures with their most directly comparable financial measures calculated and presented in accordance with GAAP can be found in this morning’s news announcement and on our website. I’d also remind listeners that following its completion, a replay of today’s webcast can be accessed for 5 days on the company’s website. Investors can also find the copy of today’s press release on the Investors section of this site. My remarks this morning will primarily focus on the first quarter results and our markets, and Bruce Beasley, our President and COO, is with me today. So for the quarter, I am pleased to report that revenue increased 1.1% primarily reflecting strong growth in our Fayetteville, North Carolina cluster. Overall, we achieved revenue increases in 6 of our 11 market clusters as we saw improved local and digital advertising which offset the impact of a mid single digit decline in national. Political revenue in their quarter amounted to about $400 million or $140,000 with a majority coming from Augusta, Vegas and Miami. First quarter station operating income increased 2.3% as the net revenue increased more than offset 0.5% increase in station operating expenses. Before I get to specific market data, let’s talk about national a bit more. Overall, national revenue in the markets that we operate according to Miller Kaplan declined by approximately 7%. And our stations in those markets also declined around…

This concludes today’s conference. Thank you for your participation.