We are only interested in long-term growth and therefore invest in opportunities that provide earnings growth potential over a long period of time. We are not trend followers or asset traders. We are interested in compounding the growth of distributable cash earnings. Our patience and foresight is a distinct advantage in a competitive, and often short-term oriented, industry. Our business grew more complex during the year. We added a new operating division (Industries) and consolidated two others (Services and Rentals). We completed six new acquisitions and co-founded three new operating units. These additions expanded our reach into adjacent products and services within the oil and gas industry, most notably those focused on hydrocarbon production rather than development spending. In addition, Basin Industries and Basin Services both added meaningfully to our industrial manufacturing and equipment rental exposure beyond oilfield applications. Value was created from the simultaneous application of three strategies involving different, and often competing, competencies: (i) the implementation of operating efficiencies; (ii) the completion of opportunistic acquisitions and divestitures; and (iii) the launching of start-up companies. Our ability to pursue all three growth strategies is particularly important in an increasingly dynamic and unpredictable energy industry. Along the way, we added many talented new Basin team members in both operational and functional capacities. Our total headcount expanded from 672 to 1,186 during 2014. My enthusiasm for our future is based primarily on my confidence in the growing ranks of extraordinary people who now call Basin their own. Basin Supply expanded revenue 30% year-over-year to $417 million, of which 95% was organic growth and the balance achieved through the addition of acquisitions. We observed continuing strength in our U.S. supply business and completed two acquisitions of adjacent oilfield equipment suppliers. In December 2013, we acquired Permian Pump and Supply in West Texas and in November 2014 we acquired Beck Oilfield Supply in Oklahoma. Internationally, our organic growth has been sluggish relative to expectations, and over the course of 2014, we shifted our resources from organic growth to regional acquisitions. In November, we completed the first of these by acquiring Driltools International in the United Arab Emirates, providing critical growth momentum to a key strategic region. Meanwhile, by mid-year it was clear that the supply business we had established in Russia was going to materially contract with the ruble devaluation, and we spent the latter half of the year reducing costs.