Good day, and welcome to the Beasley Broadcast Group 2014 First Quarter Results Conference call. Today's conference is being recorded. At this time, I will turn the conference over to Caroline Beasley. Please go ahead.

Thank you, and good morning. Welcome to the Beasley Broadcast Group First Quarter Webcast. Before beginning, I'd like to emphasize 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 our website. My remarks this morning will primarily focus on the first quarter, our balance sheet and our markets. However, my remarks will be longer than normal given our results. Overall, we are disappointed in our first quarter revenue results, and in a moment, I'll review the steps we're taking to address those items within our control in order to improve our performance going forward. Now for the quarter, actual revenue decreased 2.4% and same-station revenue decreased 4.7%. Our same-station results reflect decline in our Philly, Miami and Vegas clusters, and these are our largest markets and on a combined basis, they represent over 60% of our total revenue. Company-wide, on a same-station basis, local revenue decreased 10%, which was partially offset by an increase in national of 2.5%. On a positive note, digital revenue increased approximately 14.5% during the quarter, and our Fayetteville cluster was the shining star as it generated a double-digit revenue increase. We have 5 markets that report to Miller Kaplan, and these markets account for almost 80% of our revenue.…

This does conclude today's conference. Thank you for your participation.