Operator: Good day, ladies and gentlemen and welcome to the Quarter One 2013 CoreLogic Inc. Earnings Conference Call. My name is Julian and I will be your operator today. At this time, all participants are in listen-only mode. We will conduct a question-and-answer session towards the end of the conference. As a reminder, this call is being recorded for replay purposes.
I would like to turn the call over to Mr. Dan Smith, Senior Vice President, Investor Relations. Please proceed, sir.
Dan L. Smith - Sr. VP - Information Solutions Group: Thank you and good morning. Welcome to our investor presentation and conference call where we present our financial results for the first quarter of 2013. Speaking today will be CoreLogic's President and CEO, Anand Nallathambi and CFO, Frank Martell.
Before we begin, let me make a few important points. First, we have posted our slide presentation, which includes additional details on our financial results on our website.
Second, please note that during today's presentation we may make forward-looking statements within the meaning of the Federal securities laws, including statements concerning our expected business and operational plans, performance outlook, and acquisition and growth strategies, and our expectations regarding industry conditions.
All of these statements are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. For further details concerning these risks and uncertainties, please refer to our SEC filings included in the most recent annual report on Form 10-K. Our forward-looking statements are based on information currently available to us, and we do not intend and undertake no duty to update these statements for any reason.
Additionally, today's presentation contains financial measures that are non-GAAP financial measures. A reconciliation of these non-GAAP measures to their GAAP equivalents is included in the Appendix to today's presentation. Finally, unless specifically identified, comparisons of first quarter financial results to prior periods should be understood on a year-over-year basis, that is, in reference to the first quarter of 2012.
Thanks. Now let me introduce our President and CEO, Anand Nallathambi.
Anand K. Nallathambi - President and CEO: Thank you, Dan, and good morning, everyone. Welcome to CoreLogic’s first quarter earnings call. I will begin my remarks today with an overview of our first quarter operating results. I will then recap the progress we're making against our 2013 business plan, as well as our strategic growth initiatives. Frank will then cover our financial results, and we will end the call with Q&A.
CoreLogic delivered double-digit revenue growth with significantly higher levels of operating and net income, earnings per share and adjusted EBITDA in the first quarter. Our high-margin Mortgage Origination and Data & Analytics segments delivered strong topline growth in the quarter. Importantly, all three of our operating segments outperformed their respective markets.
For the first three months of 2013, we are ahead of our targets for Project 30 cost reductions, free cash flow conversion and repurchases of our common stock. We also continue to make significant progress on the technology transformation initiative. Our first quarter revenues were up about 11%. Revenues in our Mortgage Origination Services and Data & Analytics segments increased about 25% and 10%, respectively, as we gained market share and capitalized on higher demand for our must-have property information, analytics and services. These high-margin segments accounted for approximately 85% of our total first quarter revenues.