Thank you for standing by. Welcome to the CorVel Corporation quarterly earnings release webcast. During the course of this webcast, CorVel Corporation may make projections or other forward-looking statements regarding future events or the future financial performances of the company. CorVel wishes to caution you that these statements are only predictions and that actual events or results may differ materially. CorVel refers you to the documents that the company files from time to time with the Securities and Exchange Commission, specifically the company's last Form 10-K and 10-Q filed for the most recent fiscal year and quarter. These documents contain and identify important factors that could cause the actual results to differ materially from those contained in our projections or forward-looking statements. I would now like to turn it over to Michael Combs, President and Chief Executive Officer.

Good day. Thank you for joining us to review CorVel's June quarter. On the call with me today is Brandon O'Brien, CorVel's Chief Financial Officer. Today, I'll be discussing the current environment, business performance, market trends, services we're focusing on and the progress we've made on key initiatives. Brandon will then provide additional insight into our financial results for the June quarter. Earnings per share for the quarter ended June 30, 2020, were $0.46. Revenues for the period were $129.6 million. As much of CorVel's business is tied to the volume of health care spending, the June quarter results reflect the reduction of elective surgeries and general physician care due to the pandemic. While business remains very dynamic, volumes increased incrementally in each month of the June quarter. These increases led to a quarter ending cash balance of $94 million, which is up $11 million from the end of the last quarter. The start of the fiscal year coincided with the emergence of COVID-19. At the onset, we define priorities for managing the business, taking into consideration 3 key constituencies: our employees, customers and shareholders. They included ensuring the safety of the CorVel team members, continuing to deliver the highest quality service and outcomes to our partners, managing liquidity to operate the business and continuing systems investments to meet the current and evolving needs of the markets in which we operate. The prompt actions we took at the start of the quarter have allowed us to meet each of these objectives. More than 97% of our workforce transitioned seamlessly to working from home in early April. The small number of team members who manage physical operation functions have adhered to CDC guidelines. In a few cases, we've picked up additional physical functions for our partners. Our financial strength has given…

This concludes today's webcast. You may disconnect your lines at this time.