Operator: Good afternoon, everyone, and welcome to the First Solar's Third Quarter 2013 Earnings Call. This call is being webcast live on the Investors' section of First Solar's website at firstsolar.com. At this time, all participants are in a listen-only mode. As a reminder, today's call is being recorded.
I would now like to turn the call over to Mr. David Brady, Vice President of Treasury and Investor Relations for First Solar, Inc. Mr. Brady, you may now begin.
David Brady - VP, Treasury and IR: Thank you, operator. Good afternoon, everyone, and thank you for joining us. Today, the Company issued a press release announcing its financial results for the third quarter. A copy of the press release and the presentation are available on the Investors' section of First Solar's website at firstsolar.com.
With me today are Jim Hughes, Chief Executive Officer; and Mark Widmar, Chief Financial Officer. Jim will provide an update on significant business and technology developments and then Mark will discuss our third quarter results and provide updated guidance for 2013. We will then open up the call for questions.
Most of the financial numbers reported and discussed on today's call are based on U.S. Generally Accepted Accounting Principles and the few cases where we report non-GAAP measures, we have provided reconciliation to GAAP equivalents at the back of our presentation.
Please note that during the course of this call, the Company will make projections and other comments that are forward-looking statements within the meaning of the Federal Securities Laws. The forward-looking statements in this call are based on current information and expectations, and are subject to uncertainties and changes in circumstances, and do not constitute guarantees of future performance. Those statements involve a number of factors that could cause actual results to differ materially from those statements, including the risks as described in the Company's most recent Annual Report on Form 10-K and other filings with the Securities and Exchange Commission. First Solar assumes no obligation to update any forward-looking information contained in this call or with respect to the announcements described herein.
It is now my pleasure to introduce Jim Hughes, Chief Executive Officer. Jim?
James A. Hughes - CEO: Thanks, David. Good afternoon and thanks for joining us for our third quarter 2013 earnings call. I will begin by taking a moment to recognize some of this quarter's remarkable achievements.
Our business development teams booked 860 megawatts DC of new business compared to shipments of 406 megawatts in the quarter, a ratio of over 2 to 1 and resulting in a year-to-date book-to-bill ratio of greater than 1.
We had earnings per share of almost $2 on GAAP basis significant above expectations and due primarily to the sale of ABW projects in Canada and the commencement of revenue recognition for the Desert Sunlight project.
We are now flash testing modules in our Perrysburg facility with a conversion efficiency of 14.1%. Such results have the potential to open up new business segments to us and significantly increase our total addressable market.