the current generation consoles have increased functionality ( e.g . realistic environments and artificial intelligence ) over their legacy counterparts . the increased functionality delivers a more exciting gaming experience but adds complexity to the development of video games for these new consoles . this complexity increases the overall cost to develop these games and accordingly , during fiscal 2009 , we expect our average software development costs to increase as we develop more games for these new consoles . online gaming . online gaming is growing rapidly in popularity . according to the npd report , `` online gaming 2007 : the virtual landscape , `` 62 % of gamers report playing games online . with technology advances over the past few years , gamers can play online via pc , console and handheld systems . in fiscal 2008 , we launched frontlines : fuel of war , which had online capability . mmo gaming has become popular , especially in asia . in fiscal 2009 , we plan to launch company of heroes online in the chinese market , which marks our first entry into the free-to-play , pay for download model of video games . platform market segmentation . in fiscal 2008 , our industry continued to transition from the legacy consoles to the current generation consoles , microsoft xbox 360 , sony playstation 3 ( `` ps3 `` ) and nintendo wii . additionally , the nintendo ds and sony psp handhelds continued to grow . with the current generation of console systems and current handheld platforms , we believe segmenting our market will be extremely important . we have designed our publishing strategy to take advantage of the unique feature sets of the new consoles , handhelds and pc . our strategy to reach core gamers focuses on the xbox 360 , ps3 and pc platforms . our mass-market brands are targeted primarily for the nintendo wii , ps2 and ds platforms . we plan to publish some of our licensed brands , such as wwe and disneypixar across all viable platforms . international growth . over the past few years , sales of video games outside of the united states have grown significantly . in fiscal 2008 , international net sales increased 24 % to $ 527.3 million , from $ 426.7 million in fiscal 2007. the international installed base of video game platforms continues to increase , and we are focused on expanding our international presence by identifying territories where we see opportunity and establishing a direct sales presence to seize such opportunities . in addition to our sales force presence , we are focused on releasing and aggressively marketing titles with international appeal . we continue to evaluate new business opportunities in the asia pacific region . critical accounting estimates the management 's discussion and analysis of financial condition and results of operations discusses our consolidated financial statements , which have been prepared in accordance with accounting principles generally accepted in the united states of america . the preparation of these consolidated financial statements requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period . the estimates discussed below are considered by management to be critical because they are both important to the portrayal of our financial condition and results of operations and because their application places the most significant demands on management 's judgment , with financial reporting results relying on estimates about the effect of matters that are inherently uncertain . specific risks for these critical accounting estimates are described in the following paragraphs . for all of these estimates , we caution that actual results may differ materially from these estimates under different assumptions or conditions . accounts receivable allowances . we derive revenue from sales of packaged software for video game systems and personal computers and sales of content and services for wireless devices . product revenue is recognized net of allowances for price protection and returns and various customer discounts . we typically only allow returns for our personal computer products ; however , we may decide to provide price protection or allow returns for our video games after we analyze the following : inventory remaining in the retail channel , 26 the rate of inventory sell-through in the retail channel , and our remaining inventory on hand . we maintain a policy of giving credits for price protection and returns , but do not give cash refunds . included in our accounts receivable allowances is our allowance for co-operative advertising that we engage in with our retail channel partners . our co-operative advertising allowance is based upon specific contractual commitments and does not involve estimates made by management . we establish sales allowances based on estimates of future price protection and returns with respect to current period product revenue . we analyze historical price protection granted , historical returns , current sell-through of retailer and distributor inventory of our products , current trends in the video game market and the overall economy , changes in customer demand and acceptance of our products , and other related factors when evaluating the adequacy of the price protection and returns allowance . in addition , we monitor the volume of our sales to retailers and distributors and their inventories , because slow-moving inventory in the distribution channel can result in the requirement for price protection or returns in subsequent periods . actual price protection and returns in any future period are uncertain . while we believe we can make reliable estimates for these matters , if we changed our assumptions and estimates , our price protection and returns reserves would change , which would impact the net revenue we report . story_separator_special_tag the amount of unrecognized tax benefits as of april 1 , 2007 and march 31 , 2008 was $ 18.6 million and $ 11.6 million , respectively . the contingent tax liability relates to tax positions taken in previously filed tax returns and similar positions expected to be taken in our current year income tax returns . a portion of the contingent tax liability relates to fiscal years under examination . on may 24 , 2007 we received notification from the irs that the joint committee on taxation had completed its review of our file and took no exception to the conclusions reached by the irs . we have evaluated the impact of the conclusions reached in the irs examination in the fin 48 measurement and recognition process . we are currently under routine examination by the irs for our income tax returns for fiscal years 2004 through 2007 and by various state jurisdictions for fiscal years subsequent to 2003. we do not expect these examinations to be concluded and settled in the next 12 months , therefore , we are currently unable to estimate the potential impact to the liability for unrecognized tax benefits or the timing of such changes . we do not anticipate any significant changes in the unrecognized tax benefits in fiscal 2009 related to the expiration of the statutes of limitations . recently issued accounting pronouncements in september 2006 , the fasb issued sfas no . 157 , `` fair value measurement `` ( `` fas 157 `` ) . fas 157 provides a single definition of fair value , together with a framework for measuring it , and requires additional disclosure about the use of fair value to measure assets and liabilities . in february 2008 , the fasb issued fsp fas 157-2 , `` effective date of fasb statement no . 157 `` which defers the implementation for certain non-recurring , nonfinancial assets and liabilities from fiscal years beginning after november 15 , 2007 to fiscal years beginning after november 15 , 2008 , which will be our fiscal year 2010. the statement provisions effective as of april 1 , 2008 , do not have a material effect on our results of operations , financial position , or cash flows . we are evaluating the impact , if any , the adoption of the remaining provisions will have on our results of operations , financial position or cash flows . in february 2007 , the fasb issued sfas no . 159 , `` the fair value option for financial assets and financial liabilitiesincluding an amendment of fasb statement no . 115 `` ( `` fas 159 `` ) . fas 159 permits an entity to choose to measure many financial instruments and certain other items at fair value at specified election dates . subsequent unrealized gains and losses on items for which the fair value option has been elected will be reported in earnings . we adopted this statement on april 1 , 2008 and did not make this election . as such , the adoption of this statement did not have any impact on our results of operations , financial position or cash flows . in may 2008 , the fasb issued sfas no . 162 , `` the hierarchy of generally accepted accounting principles `` ( `` fas 162 `` ) . fas 162 is intended to improve financial reporting by identifying a consistent framework , or hierarchy , for selecting accounting principles to be used in preparing financial statements that are presented in conformity with gaap for nongovernmental entities . fas 162 is effective 60 days following the sec 's approval of the public company accounting oversight board amendments to au section 411 , `` the meaning of present fairly in conformity with generally accepted accounting principles . `` we do not expect the adoption of this statement to have a material impact on our results of operations , financial position or cash flows . 31 in december 2007 , the fasb issued sfas no . 141r , `` business combinations `` ( `` fas 141r `` ) . fas 141r retains the fundamental requirements in fas 141 that the acquisition method of accounting ( which fas 141 called the purchase method ) be used for all business combinations and for an acquirer to be identified for each business combination . fas 141r defines the acquirer as the entity that obtains control of one or more businesses in the business combination and establishes the acquisition date as the date that the acquirer achieves control . fas 141r is effective for business combination transactions for which the acquisition date is on or after the beginning of the first annual reporting period beginning on or after december 15 , 2008 , which will be our fiscal year 2010. we are evaluating the impact , if any , the adoption of this statement will have on our results of operations , financial position or cash flows . in april 2008 , the fasb issued fsp fas 142-3 , `` determination of the useful life of intangible assets `` ( `` fsp 142-3 `` ) . fsp 142-3 amends the factors that should be considered in developing renewal or extension assumptions used to determine the useful life of a recognized intangible asset under sfas no . 142 , `` goodwill and other intangible assets `` ( `` fas 142 `` ) . this change is intended to improve the consistency between the useful life of a recognized intangible asset under fas 142 and the period of expected cash flows used to measure the fair value of the asset under fas 141r and other gaap . fsp 142-3 is effective for financial statements issued for fiscal years beginning after december 15 , 2008 , and interim periods within those fiscal years , which will be our fiscal year 2010. the requirement for determining useful lives must be applied prospectively to intangible assets acquired after the

cash flow from financing activities . cash used in financing activities increased by approximately $ 67.5 million in fiscal 2008 as compared to fiscal 2007 , primarily due to an increase in common stock repurchases in fiscal 2008 as compared to fiscal 2007 , as well as lower proceeds from issuance of common stock to employees in fiscal 2008 as compared to fiscal 2007. in fiscal 2009 , we expect to generate more cash than we did in fiscal 2008. the increase in the generation of cash is expected to be primarily attributable to higher net income . key balance sheet accounts accounts receivable . accounts receivable increased $ 45.2 million in fiscal 2008 , from $ 67.6 million at march 31 , 2007 to $ 112.8 million at march 31 , 2008. the increase in net accounts receivable is primarily due to higher net sales and the timing of product releases in the three months ended march 31 , 2008 as compared to the three months ended march 31 , 2007. the increase in accounts receivable also reflects units shipped of frontlines : fuel of war , although the recognition of revenue from this title was deferred to future periods ( see critical accounting estimates for information regarding our revenue recognition policies ) . accounts receivable allowances were $ 113.0 million as of march 31 , 2008 , a $ 32.5 million increase from march 31 , 2007. allowances for price protection and returns as a percentage of trailing nine month net sales were 10 % and 8 % as of march 31 , 2008 and 2007 , respectively . we believe our current reserves are adequate based on historical experience , inventory remaining in the retail channel and the rate of inventory sell-through in the retail channel . inventory .


 Write a concise suspicious activity report of the following text delimited by triple backquotes. Return your response as a formal report which covers the key points highlighting the location,dates,entity names and account holder information in chronological order of the text.
     ```cash flow from financing activities . cash used in financing activities increased by approximately $ 67.5 million in fiscal 2008 as compared to fiscal 2007 , primarily due to an increase in common stock repurchases in fiscal 2008 as compared to fiscal 2007 , as well as lower proceeds from issuance of common stock to employees in fiscal 2008 as compared to fiscal 2007. in fiscal 2009 , we expect to generate more cash than we did in fiscal 2008. the increase in the generation of cash is expected to be primarily attributable to higher net income . key balance sheet accounts accounts receivable . accounts receivable increased $ 45.2 million in fiscal 2008 , from $ 67.6 million at march 31 , 2007 to $ 112.8 million at march 31 , 2008. the increase in net accounts receivable is primarily due to higher net sales and the timing of product releases in the three months ended march 31 , 2008 as compared to the three months ended march 31 , 2007. the increase in accounts receivable also reflects units shipped of frontlines : fuel of war , although the recognition of revenue from this title was deferred to future periods ( see critical accounting estimates for information regarding our revenue recognition policies ) . accounts receivable allowances were $ 113.0 million as of march 31 , 2008 , a $ 32.5 million increase from march 31 , 2007. allowances for price protection and returns as a percentage of trailing nine month net sales were 10 % and 8 % as of march 31 , 2008 and 2007 , respectively . we believe our current reserves are adequate based on historical experience , inventory remaining in the retail channel and the rate of inventory sell-through in the retail channel . inventory .
```    
 Suspicious Activity Report : the current generation consoles have increased functionality ( e.g . realistic environments and artificial intelligence ) over their legacy counterparts . the increased functionality delivers a more exciting gaming experience but adds complexity to the development of video games for these new consoles . this complexity increases the overall cost to develop these games and accordingly , during fiscal 2009 , we expect our average software development costs to increase as we develop more games for these new consoles . online gaming . online gaming is growing rapidly in popularity . according to the npd report , `` online gaming 2007 : the virtual landscape , `` 62 % of gamers report playing games online . with technology advances over the past few years , gamers can play online via pc , console and handheld systems . in fiscal 2008 , we launched frontlines : fuel of war , which had online capability . mmo gaming has become popular , especially in asia . in fiscal 2009 , we plan to launch company of heroes online in the chinese market , which marks our first entry into the free-to-play , pay for download model of video games . platform market segmentation . in fiscal 2008 , our industry continued to transition from the legacy consoles to the current generation consoles , microsoft xbox 360 , sony playstation 3 ( `` ps3 `` ) and nintendo wii . additionally , the nintendo ds and sony psp handhelds continued to grow . with the current generation of console systems and current handheld platforms , we believe segmenting our market will be extremely important . we have designed our publishing strategy to take advantage of the unique feature sets of the new consoles , handhelds and pc . our strategy to reach core gamers focuses on the xbox 360 , ps3 and pc platforms . our mass-market brands are targeted primarily for the nintendo wii , ps2 and ds platforms . we plan to publish some of our licensed brands , such as wwe and disneypixar across all viable platforms . international growth . over the past few years , sales of video games outside of the united states have grown significantly . in fiscal 2008 , international net sales increased 24 % to $ 527.3 million , from $ 426.7 million in fiscal 2007. the international installed base of video game platforms continues to increase , and we are focused on expanding our international presence by identifying territories where we see opportunity and establishing a direct sales presence to seize such opportunities . in addition to our sales force presence , we are focused on releasing and aggressively marketing titles with international appeal . we continue to evaluate new business opportunities in the asia pacific region . critical accounting estimates the management 's discussion and analysis of financial condition and results of operations discusses our consolidated financial statements , which have been prepared in accordance with accounting principles generally accepted in the united states of america . the preparation of these consolidated financial statements requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period . the estimates discussed below are considered by management to be critical because they are both important to the portrayal of our financial condition and results of operations and because their application places the most significant demands on management 's judgment , with financial reporting results relying on estimates about the effect of matters that are inherently uncertain . specific risks for these critical accounting estimates are described in the following paragraphs . for all of these estimates , we caution that actual results may differ materially from these estimates under different assumptions or conditions . accounts receivable allowances . we derive revenue from sales of packaged software for video game systems and personal computers and sales of content and services for wireless devices . product revenue is recognized net of allowances for price protection and returns and various customer discounts . we typically only allow returns for our personal computer products ; however , we may decide to provide price protection or allow returns for our video games after we analyze the following : inventory remaining in the retail channel , 26 the rate of inventory sell-through in the retail channel , and our remaining inventory on hand . we maintain a policy of giving credits for price protection and returns , but do not give cash refunds . included in our accounts receivable allowances is our allowance for co-operative advertising that we engage in with our retail channel partners . our co-operative advertising allowance is based upon specific contractual commitments and does not involve estimates made by management . we establish sales allowances based on estimates of future price protection and returns with respect to current period product revenue . we analyze historical price protection granted , historical returns , current sell-through of retailer and distributor inventory of our products , current trends in the video game market and the overall economy , changes in customer demand and acceptance of our products , and other related factors when evaluating the adequacy of the price protection and returns allowance . in addition , we monitor the volume of our sales to retailers and distributors and their inventories , because slow-moving inventory in the distribution channel can result in the requirement for price protection or returns in subsequent periods . actual price protection and returns in any future period are uncertain . while we believe we can make reliable estimates for these matters , if we changed our assumptions and estimates , our price protection and returns reserves would change , which would impact the net revenue we report . story_separator_special_tag the amount of unrecognized tax benefits as of april 1 , 2007 and march 31 , 2008 was $ 18.6 million and $ 11.6 million , respectively . the contingent tax liability relates to tax positions taken in previously filed tax returns and similar positions expected to be taken in our current year income tax returns . a portion of the contingent tax liability relates to fiscal years under examination . on may 24 , 2007 we received notification from the irs that the joint committee on taxation had completed its review of our file and took no exception to the conclusions reached by the irs . we have evaluated the impact of the conclusions reached in the irs examination in the fin 48 measurement and recognition process . we are currently under routine examination by the irs for our income tax returns for fiscal years 2004 through 2007 and by various state jurisdictions for fiscal years subsequent to 2003. we do not expect these examinations to be concluded and settled in the next 12 months , therefore , we are currently unable to estimate the potential impact to the liability for unrecognized tax benefits or the timing of such changes . we do not anticipate any significant changes in the unrecognized tax benefits in fiscal 2009 related to the expiration of the statutes of limitations . recently issued accounting pronouncements in september 2006 , the fasb issued sfas no . 157 , `` fair value measurement `` ( `` fas 157 `` ) . fas 157 provides a single definition of fair value , together with a framework for measuring it , and requires additional disclosure about the use of fair value to measure assets and liabilities . in february 2008 , the fasb issued fsp fas 157-2 , `` effective date of fasb statement no . 157 `` which defers the implementation for certain non-recurring , nonfinancial assets and liabilities from fiscal years beginning after november 15 , 2007 to fiscal years beginning after november 15 , 2008 , which will be our fiscal year 2010. the statement provisions effective as of april 1 , 2008 , do not have a material effect on our results of operations , financial position , or cash flows . we are evaluating the impact , if any , the adoption of the remaining provisions will have on our results of operations , financial position or cash flows . in february 2007 , the fasb issued sfas no . 159 , `` the fair value option for financial assets and financial liabilitiesincluding an amendment of fasb statement no . 115 `` ( `` fas 159 `` ) . fas 159 permits an entity to choose to measure many financial instruments and certain other items at fair value at specified election dates . subsequent unrealized gains and losses on items for which the fair value option has been elected will be reported in earnings . we adopted this statement on april 1 , 2008 and did not make this election . as such , the adoption of this statement did not have any impact on our results of operations , financial position or cash flows . in may 2008 , the fasb issued sfas no . 162 , `` the hierarchy of generally accepted accounting principles `` ( `` fas 162 `` ) . fas 162 is intended to improve financial reporting by identifying a consistent framework , or hierarchy , for selecting accounting principles to be used in preparing financial statements that are presented in conformity with gaap for nongovernmental entities . fas 162 is effective 60 days following the sec 's approval of the public company accounting oversight board amendments to au section 411 , `` the meaning of present fairly in conformity with generally accepted accounting principles . `` we do not expect the adoption of this statement to have a material impact on our results of operations , financial position or cash flows . 31 in december 2007 , the fasb issued sfas no . 141r , `` business combinations `` ( `` fas 141r `` ) . fas 141r retains the fundamental requirements in fas 141 that the acquisition method of accounting ( which fas 141 called the purchase method ) be used for all business combinations and for an acquirer to be identified for each business combination . fas 141r defines the acquirer as the entity that obtains control of one or more businesses in the business combination and establishes the acquisition date as the date that the acquirer achieves control . fas 141r is effective for business combination transactions for which the acquisition date is on or after the beginning of the first annual reporting period beginning on or after december 15 , 2008 , which will be our fiscal year 2010. we are evaluating the impact , if any , the adoption of this statement will have on our results of operations , financial position or cash flows . in april 2008 , the fasb issued fsp fas 142-3 , `` determination of the useful life of intangible assets `` ( `` fsp 142-3 `` ) . fsp 142-3 amends the factors that should be considered in developing renewal or extension assumptions used to determine the useful life of a recognized intangible asset under sfas no . 142 , `` goodwill and other intangible assets `` ( `` fas 142 `` ) . this change is intended to improve the consistency between the useful life of a recognized intangible asset under fas 142 and the period of expected cash flows used to measure the fair value of the asset under fas 141r and other gaap . fsp 142-3 is effective for financial statements issued for fiscal years beginning after december 15 , 2008 , and interim periods within those fiscal years , which will be our fiscal year 2010. the requirement for determining useful lives must be applied prospectively to intangible assets acquired after the

