% , as compared to fiscal 2015 , primarily due to decreased net sales of $ 75.8 million with a customer that resulted from decreased customer end-market demand for one of its products and $ 71.9 million due to two customer disengagements . the remaining reduction in net sales resulted from decreases of $ 17.4 million due to two customers bringing the manufacturing of three programs in house , $ 12.4 million due to pilot programs for three customers not transitioning into the production stage and $ 5.5 million due to a product disengagement , as well as net overall decrease in customer end-market demand . partially offsetting these decreases were increased net sales of $ 187.3 million due to the ramp of production for a major customer , $ 59.8 million from the ramp of various new programs for several existing customers and $ 10.4 million due to the ramp of production for a new customer . apac . net sales for fiscal 2017 in the apac segment increased $ 117.4 million , or 10.1 % , as compared to fiscal 2016 . the increase in net sales was primarily due to a $ 115.6 million increase due to the ramp of new programs for existing customers , net increased customer end-market demand and $ 21.4 million due to manufacturing transfers from our amer segment . these increases were partially offset by decreases of $ 50.3 million due to a program disengagement , $ 38.6 million due to a customer 's partial divestiture of one of its businesses and $ 14.6 million that resulted from an end-of-life product . net sales for fiscal 2016 in the apac segment decreased $ 124.0 million , or 9.6 % , as compared to fiscal 2015. the reduction in net sales was primarily driven by a $ 90.7 million decrease in net sales due to a program disengagement . net sales also declined by $ 30.2 million due to two customers revising their business models as a result of decreased end-market demand and $ 7.0 million due to two customer disengagements . the remaining decrease in net sales was due to a net decrease in customer end-market demand . these decreases were partially offset by increased net sales of $ 76.5 million from the ramp of new programs for three existing customers and $ 19.4 million from the ramp of production for two new customers . emea . net sales for fiscal 2017 in the emea segment increased $ 22.4 million , or 13.1 % , as compared to fiscal 2016 . the increase in net sales was primarily attributable to a $ 34.6 million increase due to the ramp of new programs for existing customers and $ 4.1 million due to manufacturing transfers from our amer segment . partially offsetting the increases was net decreased customer end-market demand and a $ 3.2 million decrease from end-of-life products . net sales for fiscal 2016 in the emea segment increased $ 30.1 million , or 21.5 % , as compared to fiscal 2015 , primarily due to a $ 30.3 million increase in net sales due to the ramp of production of various new programs with several existing customers and $ 5.0 million from the ramp of production for a new customer . this was partially offset by a $ 3.8 million decrease as a result of a customer bringing the manufacturing of a program in house . the remaining decrease in net sales was due to a net decrease in customer end-market demand . 25 our net sales by market sector for fiscal 2017 , 2016 and 2015 were as follows ( in millions ) : replace_table_token_6_th healthcare/life sciences . net sales for fiscal 2017 in the healthcare/life sciences sector increased $ 78.5 million , or 10.1 % , as compared to fiscal 2016 . the increase was primarily driven by increases in net sales of $ 74.4 million due to the ramp of new programs for existing customers , net increased customer end-market demand and $ 7.0 million from the ramp of production for new customers . partially offsetting the increases were decreases in net sales of $ 24.8 million due to a customer 's decision to manufacture product internally and $ 2.1 million due to end-of-life products . net sales for fiscal 2016 in the healthcare/life sciences sector increased $ 30.1 million , or 4.0 % , as compared to fiscal 2015. the increase was primarily due to a $ 41.9 million increase in net sales due to the ramp of various new programs for several existing customers , $ 26.4 million from the ramp of production for three new customers and a net increase in end-market demand . partially offsetting the increases were decreases in net sales of $ 20.3 million due to three customers bringing the manufacturing process for four programs in house , $ 7.0 million due to two customer disengagements and $ 5.5 million due to a product disengagement . industrial/commercial . net sales for fiscal 2017 in the industrial/commercial sector increased $ 14.1 million , or 1.8 % , as compared to fiscal 2016 . the increase was primarily driven by increases in net sales of $ 84.8 million due to the ramp of new programs for existing customers . partially offsetting the increases were decreases in net sales of $ 38.6 million due to a customer 's partial divestiture of one of its businesses , $ 17.1 million related to a customer disengagement and net decreased customer end-market demand . net sales for fiscal 2016 in the industrial/commercial sector increased $ 88.7 million , or 12.9 % , as compared to fiscal 2015. the increase was primarily due to ramps of production for a major customer , which resulted in increased net sales of $ 221.2 million . story_separator_special_tag for a reconciliation of roic , economic return and adjusted operating income ( tax effected ) to our financial statements that were prepared using gaap , see exhibit 99.1 to this annual report on form 10-k , which exhibit is incorporated herein by reference . 29 refer to the table below , which includes the calculation of roic and economic return ( dollars in millions ) for the indicated periods : replace_table_token_9_th liquidity and capital resources cash and cash equivalents and restricted cash were $ 569.3 million as of september 30 , 2017 , as compared to $ 433.0 million as of october 1 , 2016 . as of september 30 , 2017 , 95.8 % of our cash balance was held outside of the u.s. by our foreign subsidiaries . while our intent is to permanently reinvest the funds held in these countries , we regularly review and evaluate that strategy , particularly as the percentage of our cash balance held outside the u.s. has increased . for example , during fiscal 2016 , the company repatriated $ 100.0 million of that fiscal year 's foreign earnings from the apac region to the u.s. , which had no income statement impact due to u.s. net operating losses , the use of u.s. tax credits and the reversal of the related valuation allowance . the company does not have a history of repatriating foreign earnings by way of a taxable dividend and considers the fiscal 2016 remittance to be an isolated occurrence . without tax reform , the company does not anticipate a similar repatriation in the foreseeable future . currently , we believe that cash held in the u.s. , together with cash available under our credit facility , will be sufficient to meet our u.s. liquidity needs for the next twelve months and for the foreseeable future . see below for the company 's plans related to the potential refinancing of $ 175.0 million in principal amount of its 5.20 % senior notes due on june 15 , 2018 ( the `` notes `` ) . story_separator_special_tag stock during fiscal 2016. during fiscal 2016 , the company repurchased 760,903 shares under this program for $ 30.0 million , at an average price of $ 39.43 per share . all shares repurchased under the repurchase programs were recorded as treasury stock . the company has a senior unsecured revolving credit facility ( the `` credit facility `` ) with a $ 300.0 million maximum commitment that expires on july 5 , 2021. the credit facility may be further increased to $ 500.0 million , generally by mutual agreement of the company and the lenders , subject to certain customary conditions . borrowings under the credit facility bear interest , at the company 's option , at a eurocurrency or base rate plus , in each case , an applicable interest rate margin based on the company 's then-current leverage ratio ( as defined in the related credit agreement ) . as of september 30 , 2017 , the borrowing rate under the credit agreement was libor plus 1.125 % ( or 2.358 % ) . the company is required to pay an annual commitment fee on the unused revolver credit commitment based on the company 's leverage ratio ; the fee was 0.175 % as of september 30 , 2017 . during fiscal 2017 , the highest daily borrowing was $ 151.0 million ; the average daily borrowings were $ 106.7 million . the company borrowed $ 331.0 million and repaid $ 298.0 million of revolving borrowings under the credit facility during fiscal 2017. as of the end of fiscal 2017 , $ 108.0 million of borrowings were outstanding under the credit facility . the financial covenants ( as defined under the credit agreement ) require , among other covenants , that the company maintain , as of each fiscal quarter end , a maximum total leverage ratio and a minimum interest coverage ratio . as of september 30 , 2017 , the company was in compliance with all financial covenants of the credit agreement . in fiscal 2011 , plexus issued $ 175.0 million in principal amount of the notes . the related note purchase agreement contains certain financial covenants , which include a maximum total leverage ratio , a minimum interest coverage ratio and a minimum net worth test , all as defined in the agreement . as of september 30 , 2017 , the company was in compliance with all such covenants relating to the notes and the note purchase agreement . assuming no u.s. tax reform within the next year , our intention is to refinance the notes with a similar long-term product , although we can provide no assurances of the availability of such financing on attractive , or any , terms . if we are unable to refinance the notes , the company believes that it would still be able to fulfill its financial obligation with available cash and other sources of liquidity . the credit agreement and the note purchase agreement allow for the future payment of cash dividends or the repurchase of shares provided that no event of default ( including any failure to comply with a financial covenant ) exists at the time of , or would be caused by , the dividend payment or the share repurchases . we have not paid cash dividends in the past and do not 32 currently anticipate paying them in the future . however , we evaluate from time to time potential uses of excess cash , which in the future may include share repurchases above those already authorized , a special dividend or recurring dividends . the company has a master accounts receivable purchase agreement ( the `` btmu rpa `` ) with the bank of tokyo-mitsubishi ufj , ltd. , new york branch ( the `` btmu purchaser `` ) . pursuant to the btmu rpa , the company and certain

cash flows . the following table provides a summary of cash flows for fiscal 2017 , 2016 and 2015 , excluding the effect of exchange rates on cash and cash equivalents and restricted cash ( in millions ) : replace_table_token_10_th operating activities . cash flows provided by operating activities were $ 171.7 million for fiscal 2017 , as compared to $ 127.7 million for fiscal 2016 . the improvement was primarily due to the increase in net income and a $ 13.9 million change in working capital . working capital cash flows improved as compared to the prior year primarily due to a $ 90.7 million increase in accounts receivable cash flows , which resulted primarily from increased factoring activity and an $ 18.1 million increase in customer deposit cash flows driven by significant deposits received from two customers . partially offsetting these working capital cash flow improvements was an $ 85.3 million increase in cash used for inventory driven by increased inventory levels to support the ramp of new customer programs and an $ 11.7 million increase in cash used for other current and noncurrent assets cash flows resulting from increases in prepaid arrangements . cash flows provided by operating activities were $ 127.7 million for fiscal 2016 , as compared to cash flows provided by operating activities of $ 76.6 million for fiscal 2015 . the improvement was primarily due to increased working capital requirements in fiscal 2015 due to the increase in net sales . this was partially offset by the larger increase in cash flows received for customer deposits in fiscal 2015 and the decrease in earnings in fiscal 2016 . 30 the following table provides a summary of cash cycle days for the periods indicated ( in days ) : replace_table_token_11_th we calculate days in accounts receivable as accounts receivable for the respective quarter divided by annualized sales for the respective quarter by day . we calculate days in inventory , accounts payable , and cash deposits as each balance sheet line item for the respective quarter divided by annualized cost of sales for the respective quarter by day .


 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 flows . the following table provides a summary of cash flows for fiscal 2017 , 2016 and 2015 , excluding the effect of exchange rates on cash and cash equivalents and restricted cash ( in millions ) : replace_table_token_10_th operating activities . cash flows provided by operating activities were $ 171.7 million for fiscal 2017 , as compared to $ 127.7 million for fiscal 2016 . the improvement was primarily due to the increase in net income and a $ 13.9 million change in working capital . working capital cash flows improved as compared to the prior year primarily due to a $ 90.7 million increase in accounts receivable cash flows , which resulted primarily from increased factoring activity and an $ 18.1 million increase in customer deposit cash flows driven by significant deposits received from two customers . partially offsetting these working capital cash flow improvements was an $ 85.3 million increase in cash used for inventory driven by increased inventory levels to support the ramp of new customer programs and an $ 11.7 million increase in cash used for other current and noncurrent assets cash flows resulting from increases in prepaid arrangements . cash flows provided by operating activities were $ 127.7 million for fiscal 2016 , as compared to cash flows provided by operating activities of $ 76.6 million for fiscal 2015 . the improvement was primarily due to increased working capital requirements in fiscal 2015 due to the increase in net sales . this was partially offset by the larger increase in cash flows received for customer deposits in fiscal 2015 and the decrease in earnings in fiscal 2016 . 30 the following table provides a summary of cash cycle days for the periods indicated ( in days ) : replace_table_token_11_th we calculate days in accounts receivable as accounts receivable for the respective quarter divided by annualized sales for the respective quarter by day . we calculate days in inventory , accounts payable , and cash deposits as each balance sheet line item for the respective quarter divided by annualized cost of sales for the respective quarter by day .
```    
 Suspicious Activity Report : % , as compared to fiscal 2015 , primarily due to decreased net sales of $ 75.8 million with a customer that resulted from decreased customer end-market demand for one of its products and $ 71.9 million due to two customer disengagements . the remaining reduction in net sales resulted from decreases of $ 17.4 million due to two customers bringing the manufacturing of three programs in house , $ 12.4 million due to pilot programs for three customers not transitioning into the production stage and $ 5.5 million due to a product disengagement , as well as net overall decrease in customer end-market demand . partially offsetting these decreases were increased net sales of $ 187.3 million due to the ramp of production for a major customer , $ 59.8 million from the ramp of various new programs for several existing customers and $ 10.4 million due to the ramp of production for a new customer . apac . net sales for fiscal 2017 in the apac segment increased $ 117.4 million , or 10.1 % , as compared to fiscal 2016 . the increase in net sales was primarily due to a $ 115.6 million increase due to the ramp of new programs for existing customers , net increased customer end-market demand and $ 21.4 million due to manufacturing transfers from our amer segment . these increases were partially offset by decreases of $ 50.3 million due to a program disengagement , $ 38.6 million due to a customer 's partial divestiture of one of its businesses and $ 14.6 million that resulted from an end-of-life product . net sales for fiscal 2016 in the apac segment decreased $ 124.0 million , or 9.6 % , as compared to fiscal 2015. the reduction in net sales was primarily driven by a $ 90.7 million decrease in net sales due to a program disengagement . net sales also declined by $ 30.2 million due to two customers revising their business models as a result of decreased end-market demand and $ 7.0 million due to two customer disengagements . the remaining decrease in net sales was due to a net decrease in customer end-market demand . these decreases were partially offset by increased net sales of $ 76.5 million from the ramp of new programs for three existing customers and $ 19.4 million from the ramp of production for two new customers . emea . net sales for fiscal 2017 in the emea segment increased $ 22.4 million , or 13.1 % , as compared to fiscal 2016 . the increase in net sales was primarily attributable to a $ 34.6 million increase due to the ramp of new programs for existing customers and $ 4.1 million due to manufacturing transfers from our amer segment . partially offsetting the increases was net decreased customer end-market demand and a $ 3.2 million decrease from end-of-life products . net sales for fiscal 2016 in the emea segment increased $ 30.1 million , or 21.5 % , as compared to fiscal 2015 , primarily due to a $ 30.3 million increase in net sales due to the ramp of production of various new programs with several existing customers and $ 5.0 million from the ramp of production for a new customer . this was partially offset by a $ 3.8 million decrease as a result of a customer bringing the manufacturing of a program in house . the remaining decrease in net sales was due to a net decrease in customer end-market demand . 25 our net sales by market sector for fiscal 2017 , 2016 and 2015 were as follows ( in millions ) : replace_table_token_6_th healthcare/life sciences . net sales for fiscal 2017 in the healthcare/life sciences sector increased $ 78.5 million , or 10.1 % , as compared to fiscal 2016 . the increase was primarily driven by increases in net sales of $ 74.4 million due to the ramp of new programs for existing customers , net increased customer end-market demand and $ 7.0 million from the ramp of production for new customers . partially offsetting the increases were decreases in net sales of $ 24.8 million due to a customer 's decision to manufacture product internally and $ 2.1 million due to end-of-life products . net sales for fiscal 2016 in the healthcare/life sciences sector increased $ 30.1 million , or 4.0 % , as compared to fiscal 2015. the increase was primarily due to a $ 41.9 million increase in net sales due to the ramp of various new programs for several existing customers , $ 26.4 million from the ramp of production for three new customers and a net increase in end-market demand . partially offsetting the increases were decreases in net sales of $ 20.3 million due to three customers bringing the manufacturing process for four programs in house , $ 7.0 million due to two customer disengagements and $ 5.5 million due to a product disengagement . industrial/commercial . net sales for fiscal 2017 in the industrial/commercial sector increased $ 14.1 million , or 1.8 % , as compared to fiscal 2016 . the increase was primarily driven by increases in net sales of $ 84.8 million due to the ramp of new programs for existing customers . partially offsetting the increases were decreases in net sales of $ 38.6 million due to a customer 's partial divestiture of one of its businesses , $ 17.1 million related to a customer disengagement and net decreased customer end-market demand . net sales for fiscal 2016 in the industrial/commercial sector increased $ 88.7 million , or 12.9 % , as compared to fiscal 2015. the increase was primarily due to ramps of production for a major customer , which resulted in increased net sales of $ 221.2 million . story_separator_special_tag for a reconciliation of roic , economic return and adjusted operating income ( tax effected ) to our financial statements that were prepared using gaap , see exhibit 99.1 to this annual report on form 10-k , which exhibit is incorporated herein by reference . 29 refer to the table below , which includes the calculation of roic and economic return ( dollars in millions ) for the indicated periods : replace_table_token_9_th liquidity and capital resources cash and cash equivalents and restricted cash were $ 569.3 million as of september 30 , 2017 , as compared to $ 433.0 million as of october 1 , 2016 . as of september 30 , 2017 , 95.8 % of our cash balance was held outside of the u.s. by our foreign subsidiaries . while our intent is to permanently reinvest the funds held in these countries , we regularly review and evaluate that strategy , particularly as the percentage of our cash balance held outside the u.s. has increased . for example , during fiscal 2016 , the company repatriated $ 100.0 million of that fiscal year 's foreign earnings from the apac region to the u.s. , which had no income statement impact due to u.s. net operating losses , the use of u.s. tax credits and the reversal of the related valuation allowance . the company does not have a history of repatriating foreign earnings by way of a taxable dividend and considers the fiscal 2016 remittance to be an isolated occurrence . without tax reform , the company does not anticipate a similar repatriation in the foreseeable future . currently , we believe that cash held in the u.s. , together with cash available under our credit facility , will be sufficient to meet our u.s. liquidity needs for the next twelve months and for the foreseeable future . see below for the company 's plans related to the potential refinancing of $ 175.0 million in principal amount of its 5.20 % senior notes due on june 15 , 2018 ( the `` notes `` ) . story_separator_special_tag stock during fiscal 2016. during fiscal 2016 , the company repurchased 760,903 shares under this program for $ 30.0 million , at an average price of $ 39.43 per share . all shares repurchased under the repurchase programs were recorded as treasury stock . the company has a senior unsecured revolving credit facility ( the `` credit facility `` ) with a $ 300.0 million maximum commitment that expires on july 5 , 2021. the credit facility may be further increased to $ 500.0 million , generally by mutual agreement of the company and the lenders , subject to certain customary conditions . borrowings under the credit facility bear interest , at the company 's option , at a eurocurrency or base rate plus , in each case , an applicable interest rate margin based on the company 's then-current leverage ratio ( as defined in the related credit agreement ) . as of september 30 , 2017 , the borrowing rate under the credit agreement was libor plus 1.125 % ( or 2.358 % ) . the company is required to pay an annual commitment fee on the unused revolver credit commitment based on the company 's leverage ratio ; the fee was 0.175 % as of september 30 , 2017 . during fiscal 2017 , the highest daily borrowing was $ 151.0 million ; the average daily borrowings were $ 106.7 million . the company borrowed $ 331.0 million and repaid $ 298.0 million of revolving borrowings under the credit facility during fiscal 2017. as of the end of fiscal 2017 , $ 108.0 million of borrowings were outstanding under the credit facility . the financial covenants ( as defined under the credit agreement ) require , among other covenants , that the company maintain , as of each fiscal quarter end , a maximum total leverage ratio and a minimum interest coverage ratio . as of september 30 , 2017 , the company was in compliance with all financial covenants of the credit agreement . in fiscal 2011 , plexus issued $ 175.0 million in principal amount of the notes . the related note purchase agreement contains certain financial covenants , which include a maximum total leverage ratio , a minimum interest coverage ratio and a minimum net worth test , all as defined in the agreement . as of september 30 , 2017 , the company was in compliance with all such covenants relating to the notes and the note purchase agreement . assuming no u.s. tax reform within the next year , our intention is to refinance the notes with a similar long-term product , although we can provide no assurances of the availability of such financing on attractive , or any , terms . if we are unable to refinance the notes , the company believes that it would still be able to fulfill its financial obligation with available cash and other sources of liquidity . the credit agreement and the note purchase agreement allow for the future payment of cash dividends or the repurchase of shares provided that no event of default ( including any failure to comply with a financial covenant ) exists at the time of , or would be caused by , the dividend payment or the share repurchases . we have not paid cash dividends in the past and do not 32 currently anticipate paying them in the future . however , we evaluate from time to time potential uses of excess cash , which in the future may include share repurchases above those already authorized , a special dividend or recurring dividends . the company has a master accounts receivable purchase agreement ( the `` btmu rpa `` ) with the bank of tokyo-mitsubishi ufj , ltd. , new york branch ( the `` btmu purchaser `` ) . pursuant to the btmu rpa , the company and certain

