we also monitor free cash flow , the dividend coverage ratio , financial leverage ( net debt divided by adjusted oibda ) , cash balances and revolving credit facility availability to ensure debt covenant compliance and that there is adequate cash availability to fund our working capital needs and debt obligations and current and future dividends declared by our board of directors . recent transactions on may 5 , 2014 , ncm , inc. entered into an agreement and plan of merger ( the “ merger agreement ” ) to merge with screenvision . on november 3 , 2014 , the doj filed a lawsuit seeking to enjoin the merger . on march 16 , 2015 , ncm , inc. announced the termination of the merger agreement and the lawsuit was dismissed . after the merger agreement was terminated , ncm llc reimbursed ncm , inc. for certain expenses pursuant to an indemnification agreement among ncm llc , ncm , inc. and the founding members . on march 17 , 2015 , ncm llc paid screenvision an approximate $ 26.8 million termination payment on behalf of ncm , inc. during the year ended december 31 , 2015 , ncm llc also either paid directly or reimbursed ncm , inc. for the legal and other merger-related costs of approximately $ 15.0 million ( $ 7.5 million 33 incurred by ncm , inc. during th e year ended january 1 , 2015 and approximately $ 7.5 million incurred by ncm llc during the year ended december 31 , 2015 ) . ncm , inc. and the founding members each bore a pro rata portion of the termination fee and the related merger expenses based on their aggregate ownership percentages in ncm llc when the expenses were incurred . our operating results may be affected by a variety of internal and external factors and trends described more fully in the section entitled “ risk factors ” in this form 10-k. summary historical and operating data you should read this information in conjunction with the other information contained in this document , and our audited historical financial statements and the notes thereto included elsewhere in this document . the following table presents operating data and adjusted oibda ( dollars in millions , except share and margin data ) . refer to “ item 6. selected financial data—notes to the selected historical financial and operating data ” for a discussion of the calculation of adjusted oibda and reconciliation to operating income . replace_table_token_9_th nm = not meaningful . ( 1 ) merger termination fee and related merger costs primarily include the merger termination payment and legal , accounting , advisory and other professional fees associated with the terminated merger with screenvision . ( 2 ) represents the total attendance within ncm llc 's advertising network , excluding screens and attendance associated with certain amc rave and cinemark rave theaters that are currently part of another cinema advertising network for all periods presented . refer to note 4 to the audited consolidated financial statements included elsewhere in this document . basis of presentation prior to the completion of the ipo , ncm llc was wholly-owned by its founding members . in connection with the offering , ncm , inc. purchased newly issued common membership units from ncm llc and common membership units from ncm llc 's founding members , and became a member of and the sole manager of ncm llc . we entered into several agreements to effect the reorganization and the financing transaction and certain amendments were made to the existing esas to govern the relationships among ncm llc and ncm llc 's founding members after the completion of these transactions . the results of operations data discussed herein were derived from the audited consolidated financial statements and accounting records of ncm , inc. and should be read in conjunction with the notes thereto . 34 we have a 52-week or 53-week fiscal year ending on the first thursday after december 25. fiscal year 2014 co ntained 53 weeks . fiscal years 2015 and 2016 contained 52 weeks . our 2017 fiscal year will contain 52 weeks . throughout this document , we refer to our fiscal years as set forth below : reference in fiscal year ended this document december 29 , 2016 2016 december 31 , 2015 2015 january 1 , 2015 2014 results of operations fiscal years 2016 and 2015 revenue . total revenue increased $ 1.1 million , or 0.2 % , from $ 446.5 million for the year ended december 31 , 2015 to $ 447.6 million for the year ended december 29 , 2016. the following is a summary of revenue by category ( in millions ) : replace_table_token_10_th the following table shows data on revenue per attendee for the years ended december 29 , 2016 and december 31 , 2015 : replace_table_token_11_th ( 1 ) represents the total attendance within ncm llc 's advertising network , excluding screens and attendance associated with certain amc rave and cinemark rave theaters for all periods presented . refer to note 4 to the audited consolidated financial statements included elsewhere in this document . national advertising revenue . the $ 4.9 million , or 1.6 % , increase in national advertising revenue ( excluding beverage revenue from the founding members ) was due primarily to a 9.6 % increase in national advertising cpms ( excluding beverage ) during the year ended december 29 , 2016 compared to the year ended december 31 , 2015 and a $ 5.4 million increase in online , mobile and other revenue not included in the inventory measured by impressions sold or by cpms . the increase in national advertising cpms was due primarily to higher cpms on upfront commitments year over year and to a lesser extent higher cpms in the scatter market as well . story_separator_special_tag million for the year ended january 1 , 2015 to $ 34.4 million for the year ended december 31 , 2015 due to the merger termination payment of approximately $ 26.8 million . non-operating expenses . total non-operating expenses decreased $ 9.7 million , or 12.7 % , from $ 76.2 million for the year ended january 1 , 2015 to $ 66.5 million for the year ended december 31 , 2015. the following table shows the changes in non-operating expense for the years ended december 31 , 2015 and january 1 , 2015 ( in millions ) : replace_table_token_17_th the decrease in non-operating expense was due primarily to an $ 8.4 million decrease in the amortization of terminated derivatives as the amortization period ended in february 2015 , a decrease of $ 0.6 million in other non-operating expense and a decrease of $ 0.5 million in accretion of interest expense under the tax receivable agreement due primarily to changes in tax rates and ncm llc ownership rates period over period . net income . net income increased $ 2.0 million from $ 13.4 million for the year ended january 1 , 2015 to $ 15.4 million for the year ended december 31 , 2015. the increase in net income was primarily due to a decrease of $ 9.7 million in non-operating expense , as described above and a $ 3.9 million decrease in income attributable to noncontrolling interests , partially offset by a decrease in operating income of $ 3.7 million , as described further above , and an increase in income tax expense of $ 7.9 million due primarily to a $ 4.9 million tax reserve for uncertain tax positions and higher net income before taxes in the period . known trends and uncertainties trends and uncertainties related to our business , industry and corporate structure changes in the current macro-economic environment and changes in the national , regional and local advertising markets , present uncertainties that could impact our results of operations , including the timing and amount of spending from our advertising clients . these changes include increased competition related to the expansion of online and mobile advertising platforms . further , we could negatively be impacted by factors that could reduce the viewership of our firstlook pre-show , such as the expansion of reserve seating , an increase in the number and length of trailers for upcoming films and lower network attendance , which could result from shortening of release windows , more alternative methods of delivering movies to consumers , lower consumer confidence and disposable income and a decline in the motion picture box office . the impact to our business associated with these issues could be mitigated over time due to factors including the increase in salable advertising impressions , better geographic coverage related to the expansion of our network , diversification and growth of our advertising client base , improvements in firstlook pre-show engagement ad upgrades to our inventory management and data management systems . we could also benefit if the effectiveness of cinema advertising improves relative to other advertising mediums . we continue to participate in the upfronts and believe that over time , a shift toward more upfront commitments , would allow us to bundle several client flights throughout the year in an effort to stabilize month-to-month and quarter-to-quarter volatility . consistent with the television industry upfront booking practices , a portion of our upfront commitments have cancellation options or options to reduce the amount that advertisers may purchase and we would need to rely on the scatter market to replace those commitments . the net screens added to our network by the founding members and network affiliates during the year ended december 29 , 2016 were as follows . 40 replace_table_token_18_th ( 1 ) during the year ended december 29 , 2016 , we added three net new affiliates with 232 screens , partially offset by the loss of a theater circuit that was acquired by a circuit not in our network , resulting in 194 screens being removed from our network . we believe that adding screens and attendees to our network will provide our advertising clients with a better marketing product with increased reach and improved geographic coverage . we have begun to offer our advertising clients better audience targeting capabilities and more robust campaign data analytics that are expected to assist with our strategy to provide a better product offering to advertisers and thus expand our overall national client base . we also believe that the continued growth of our market coverage ubiquity and overall number of impressions will strengthen our selling proposition and competitive positioning against other national , regional and local video advertising platforms , including television , online and mobile video platforms and other out of home video advertising platforms . in 2014 , we experienced a decline of 16.4 % , in national advertising cpms ( excluding beverage revenue ) compared to the prior year due primarily to the increased competition from other national video networks , including online and mobile advertising platforms , television networks and other out-of-home video networks and the implementation of more aggressive seasonal and volume pricing strategies that contributed to the expansion of our inventory utilization related to the addition of new client categories that traditionally buy their television advertising at lower cpms . after adjusting our pricing through 2014 to be more attractive to a broader number of potential clients , to compete more effectively with various forms of premium video advertising and reflect seasonal marketplace supply and demand characteristics , during 2015 and 2016 , we experienced an increase of 6.7 % and 9.6 % , respectively , in national advertising cpms ( excluding beverage revenue ) . we experience even more substantial volatility quarter-to-quarter . this volatility in utilization can be driven by the loss or addition of one or more significant national contracts , whereby the timing and amount of these national contracts

trends and uncertainties related to liquidity and financial performance during the past several years , we amended our senior secured credit facility to extend the maturity , expand the revolver availability and reduce the interest rate spreads . in august 2016 , we completed a private placement of $ 250.0 million in aggregate principal amount of 5.750 % senior unsecured notes due in 2026. a portion of the proceeds were used to redeem our $ 200.0 million 7.875 % senior unsecured notes due 2021. the remaining proceeds , after the payment of fees and the redemption premium were used to pay down the balance on our revolving credit facility . as a result of these financing transactions on our revolving credit facility and senior notes , we extended the average maturities of our debt and as of december 29 , 2016 , the average remaining maturity of our debt is 5.7 years . as of december 29 , 2016 , approximately 70 % of our outstanding borrowings bear interest at fixed rates . the remaining 30 % of our outstanding borrowings bear interest at variable rates and as such , our net income and earnings per share could fluctuate with interest rate fluctuations related to our borrowings . refer to note 9 to the audited consolidated financial statements included elsewhere in this document . at times our cash flow available for the payment of dividends ( ncm llc 's adjusted oibda , less capital expenditures , interest expense , distributions to ncm llc 's founding members , income taxes , tax receivable agreement payments to ncm llc 's founding members and plus certain cash items ) has been less than our regular dividend payment . any deficit has been funded by ncm , inc. 's cash and marketable securities balances . as of december 29 , 2016 , these cash and marketable securities balances totaled $ 58.0 million ( excluding ncm llc ) . we intend to pay a regular quarterly dividend for the foreseeable future at the discretion of the board of directors consistent with our intention to distribute over time a substantial portion of our free cash flow .


 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.
     ```trends and uncertainties related to liquidity and financial performance during the past several years , we amended our senior secured credit facility to extend the maturity , expand the revolver availability and reduce the interest rate spreads . in august 2016 , we completed a private placement of $ 250.0 million in aggregate principal amount of 5.750 % senior unsecured notes due in 2026. a portion of the proceeds were used to redeem our $ 200.0 million 7.875 % senior unsecured notes due 2021. the remaining proceeds , after the payment of fees and the redemption premium were used to pay down the balance on our revolving credit facility . as a result of these financing transactions on our revolving credit facility and senior notes , we extended the average maturities of our debt and as of december 29 , 2016 , the average remaining maturity of our debt is 5.7 years . as of december 29 , 2016 , approximately 70 % of our outstanding borrowings bear interest at fixed rates . the remaining 30 % of our outstanding borrowings bear interest at variable rates and as such , our net income and earnings per share could fluctuate with interest rate fluctuations related to our borrowings . refer to note 9 to the audited consolidated financial statements included elsewhere in this document . at times our cash flow available for the payment of dividends ( ncm llc 's adjusted oibda , less capital expenditures , interest expense , distributions to ncm llc 's founding members , income taxes , tax receivable agreement payments to ncm llc 's founding members and plus certain cash items ) has been less than our regular dividend payment . any deficit has been funded by ncm , inc. 's cash and marketable securities balances . as of december 29 , 2016 , these cash and marketable securities balances totaled $ 58.0 million ( excluding ncm llc ) . we intend to pay a regular quarterly dividend for the foreseeable future at the discretion of the board of directors consistent with our intention to distribute over time a substantial portion of our free cash flow .
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 Suspicious Activity Report : we also monitor free cash flow , the dividend coverage ratio , financial leverage ( net debt divided by adjusted oibda ) , cash balances and revolving credit facility availability to ensure debt covenant compliance and that there is adequate cash availability to fund our working capital needs and debt obligations and current and future dividends declared by our board of directors . recent transactions on may 5 , 2014 , ncm , inc. entered into an agreement and plan of merger ( the “ merger agreement ” ) to merge with screenvision . on november 3 , 2014 , the doj filed a lawsuit seeking to enjoin the merger . on march 16 , 2015 , ncm , inc. announced the termination of the merger agreement and the lawsuit was dismissed . after the merger agreement was terminated , ncm llc reimbursed ncm , inc. for certain expenses pursuant to an indemnification agreement among ncm llc , ncm , inc. and the founding members . on march 17 , 2015 , ncm llc paid screenvision an approximate $ 26.8 million termination payment on behalf of ncm , inc. during the year ended december 31 , 2015 , ncm llc also either paid directly or reimbursed ncm , inc. for the legal and other merger-related costs of approximately $ 15.0 million ( $ 7.5 million 33 incurred by ncm , inc. during th e year ended january 1 , 2015 and approximately $ 7.5 million incurred by ncm llc during the year ended december 31 , 2015 ) . ncm , inc. and the founding members each bore a pro rata portion of the termination fee and the related merger expenses based on their aggregate ownership percentages in ncm llc when the expenses were incurred . our operating results may be affected by a variety of internal and external factors and trends described more fully in the section entitled “ risk factors ” in this form 10-k. summary historical and operating data you should read this information in conjunction with the other information contained in this document , and our audited historical financial statements and the notes thereto included elsewhere in this document . the following table presents operating data and adjusted oibda ( dollars in millions , except share and margin data ) . refer to “ item 6. selected financial data—notes to the selected historical financial and operating data ” for a discussion of the calculation of adjusted oibda and reconciliation to operating income . replace_table_token_9_th nm = not meaningful . ( 1 ) merger termination fee and related merger costs primarily include the merger termination payment and legal , accounting , advisory and other professional fees associated with the terminated merger with screenvision . ( 2 ) represents the total attendance within ncm llc 's advertising network , excluding screens and attendance associated with certain amc rave and cinemark rave theaters that are currently part of another cinema advertising network for all periods presented . refer to note 4 to the audited consolidated financial statements included elsewhere in this document . basis of presentation prior to the completion of the ipo , ncm llc was wholly-owned by its founding members . in connection with the offering , ncm , inc. purchased newly issued common membership units from ncm llc and common membership units from ncm llc 's founding members , and became a member of and the sole manager of ncm llc . we entered into several agreements to effect the reorganization and the financing transaction and certain amendments were made to the existing esas to govern the relationships among ncm llc and ncm llc 's founding members after the completion of these transactions . the results of operations data discussed herein were derived from the audited consolidated financial statements and accounting records of ncm , inc. and should be read in conjunction with the notes thereto . 34 we have a 52-week or 53-week fiscal year ending on the first thursday after december 25. fiscal year 2014 co ntained 53 weeks . fiscal years 2015 and 2016 contained 52 weeks . our 2017 fiscal year will contain 52 weeks . throughout this document , we refer to our fiscal years as set forth below : reference in fiscal year ended this document december 29 , 2016 2016 december 31 , 2015 2015 january 1 , 2015 2014 results of operations fiscal years 2016 and 2015 revenue . total revenue increased $ 1.1 million , or 0.2 % , from $ 446.5 million for the year ended december 31 , 2015 to $ 447.6 million for the year ended december 29 , 2016. the following is a summary of revenue by category ( in millions ) : replace_table_token_10_th the following table shows data on revenue per attendee for the years ended december 29 , 2016 and december 31 , 2015 : replace_table_token_11_th ( 1 ) represents the total attendance within ncm llc 's advertising network , excluding screens and attendance associated with certain amc rave and cinemark rave theaters for all periods presented . refer to note 4 to the audited consolidated financial statements included elsewhere in this document . national advertising revenue . the $ 4.9 million , or 1.6 % , increase in national advertising revenue ( excluding beverage revenue from the founding members ) was due primarily to a 9.6 % increase in national advertising cpms ( excluding beverage ) during the year ended december 29 , 2016 compared to the year ended december 31 , 2015 and a $ 5.4 million increase in online , mobile and other revenue not included in the inventory measured by impressions sold or by cpms . the increase in national advertising cpms was due primarily to higher cpms on upfront commitments year over year and to a lesser extent higher cpms in the scatter market as well . story_separator_special_tag million for the year ended january 1 , 2015 to $ 34.4 million for the year ended december 31 , 2015 due to the merger termination payment of approximately $ 26.8 million . non-operating expenses . total non-operating expenses decreased $ 9.7 million , or 12.7 % , from $ 76.2 million for the year ended january 1 , 2015 to $ 66.5 million for the year ended december 31 , 2015. the following table shows the changes in non-operating expense for the years ended december 31 , 2015 and january 1 , 2015 ( in millions ) : replace_table_token_17_th the decrease in non-operating expense was due primarily to an $ 8.4 million decrease in the amortization of terminated derivatives as the amortization period ended in february 2015 , a decrease of $ 0.6 million in other non-operating expense and a decrease of $ 0.5 million in accretion of interest expense under the tax receivable agreement due primarily to changes in tax rates and ncm llc ownership rates period over period . net income . net income increased $ 2.0 million from $ 13.4 million for the year ended january 1 , 2015 to $ 15.4 million for the year ended december 31 , 2015. the increase in net income was primarily due to a decrease of $ 9.7 million in non-operating expense , as described above and a $ 3.9 million decrease in income attributable to noncontrolling interests , partially offset by a decrease in operating income of $ 3.7 million , as described further above , and an increase in income tax expense of $ 7.9 million due primarily to a $ 4.9 million tax reserve for uncertain tax positions and higher net income before taxes in the period . known trends and uncertainties trends and uncertainties related to our business , industry and corporate structure changes in the current macro-economic environment and changes in the national , regional and local advertising markets , present uncertainties that could impact our results of operations , including the timing and amount of spending from our advertising clients . these changes include increased competition related to the expansion of online and mobile advertising platforms . further , we could negatively be impacted by factors that could reduce the viewership of our firstlook pre-show , such as the expansion of reserve seating , an increase in the number and length of trailers for upcoming films and lower network attendance , which could result from shortening of release windows , more alternative methods of delivering movies to consumers , lower consumer confidence and disposable income and a decline in the motion picture box office . the impact to our business associated with these issues could be mitigated over time due to factors including the increase in salable advertising impressions , better geographic coverage related to the expansion of our network , diversification and growth of our advertising client base , improvements in firstlook pre-show engagement ad upgrades to our inventory management and data management systems . we could also benefit if the effectiveness of cinema advertising improves relative to other advertising mediums . we continue to participate in the upfronts and believe that over time , a shift toward more upfront commitments , would allow us to bundle several client flights throughout the year in an effort to stabilize month-to-month and quarter-to-quarter volatility . consistent with the television industry upfront booking practices , a portion of our upfront commitments have cancellation options or options to reduce the amount that advertisers may purchase and we would need to rely on the scatter market to replace those commitments . the net screens added to our network by the founding members and network affiliates during the year ended december 29 , 2016 were as follows . 40 replace_table_token_18_th ( 1 ) during the year ended december 29 , 2016 , we added three net new affiliates with 232 screens , partially offset by the loss of a theater circuit that was acquired by a circuit not in our network , resulting in 194 screens being removed from our network . we believe that adding screens and attendees to our network will provide our advertising clients with a better marketing product with increased reach and improved geographic coverage . we have begun to offer our advertising clients better audience targeting capabilities and more robust campaign data analytics that are expected to assist with our strategy to provide a better product offering to advertisers and thus expand our overall national client base . we also believe that the continued growth of our market coverage ubiquity and overall number of impressions will strengthen our selling proposition and competitive positioning against other national , regional and local video advertising platforms , including television , online and mobile video platforms and other out of home video advertising platforms . in 2014 , we experienced a decline of 16.4 % , in national advertising cpms ( excluding beverage revenue ) compared to the prior year due primarily to the increased competition from other national video networks , including online and mobile advertising platforms , television networks and other out-of-home video networks and the implementation of more aggressive seasonal and volume pricing strategies that contributed to the expansion of our inventory utilization related to the addition of new client categories that traditionally buy their television advertising at lower cpms . after adjusting our pricing through 2014 to be more attractive to a broader number of potential clients , to compete more effectively with various forms of premium video advertising and reflect seasonal marketplace supply and demand characteristics , during 2015 and 2016 , we experienced an increase of 6.7 % and 9.6 % , respectively , in national advertising cpms ( excluding beverage revenue ) . we experience even more substantial volatility quarter-to-quarter . this volatility in utilization can be driven by the loss or addition of one or more significant national contracts , whereby the timing and amount of these national contracts

