our solutions integrate operations management with analytics and business transformation to deliver actionable business insights and long-term business impact . we help shape our clients ' operating environments through process and technology interventions and analytics driven insights into business performance with the goal of increasing quality and productivity while improving risk management and control . we changed our reporting segments nomenclature in 2014 to operations management ( previously called outsourcing services ) and analytics and business transformation ( previously called transformation services ) in order to more accurately reflect the changing nature of our engagements with our clients . for comparability with our prior periods , the business composition of each segment remains unchanged . our global delivery network spreads across the united states , europe and asia . we operate nineteen operations centers in india , six operations centers in the u.s. , five operations centers in the philippines and one operations center in each of bulgaria , romania and the czech republic . in addition to these operations centers , we acquired multiple regional offices in the u.s. as part of our acquisitions of blue slate solutions , llc ( blue slate ) and overland holdings , inc. ( overland ) during the year ended december 31 , 2014. on july 1 , 2014 , we acquired blue slate . prior to its acquisition , blue slate was a business process management ( bpm ) and technology solutions company that specializes in transforming operations through business process automation , use of innovative technologies , data integration and analytics . blue slate helps clients achieve large productivity improvements , develop an agile and cost-effective operating model , enhance customer satisfaction and deliver measurable return on their investments . on october 24 , 2014 , we acquired overland . prior to its acquisition , overland specialized in providing premium audit services , commercial and residential underwriting surveys and loss control services to more than 300 property and casualty ( p & c ) insurers using a bpaas model . overland offers services including physical audit , telephone audit , and government inspection and has developed an automated premium audit solution auditstream ® . overland also offers survey products and services to homeowners and commercial insurance carriers through castle high value surveys ® . revenues on november 1 , 2013 , we received a notice of termination from the travelers indemnity company ( travelers ) under the professional services agreement , dated as of march 7 , 2006 , between us and travelers ( as amended from time to time , the services agreement ) . revenues from travelers were $ 8.2 million and $ 46.2 million during the year ended december 31 , 2014 and 2013 , respectively . the reduction in revenues from travelers during 2014 was due to $ 12.0 million related to certain services we used to provide to travelers being transitioned away from us and we reimbursed travelers for certain of their expenses incurred in connection with the termination ( the disentanglement costs ) of $ 26.3 million compared to $ 0.3 million in 2013. for the year ended december 31 , 2014 , we had total revenues of $ 499.3 million ( net of $ 26.3 million of reimbursement of disentanglement costs to travelers ) compared to total revenues of $ 478.5 million ( net of $ 0.3 million of reimbursement of disentanglement costs to travelers ) for the year ended december 31 , 2013 , an increase of $ 20.8 million or 4.4 % . revenues from operations management services were $ 388.7 million ( net of 45 $ 26.3 million of reimbursement of disentanglement costs to travelers ) for the year ended december 31 , 2014 compared to $ 395.0 million ( net of $ 0.3 million of reimbursement of disentanglement costs to travelers ) for the year ended december 31 , 2013. revenues from analytics and business transformation services were $ 110.6 million for the year ended december 31 , 2014 compared to $ 83.5 million for the year ended december 31 , 2013. we serve clients mainly in the u.s. and the u.k. , with these two regions generating approximately 73.9 % and 20.4 % , respectively , of our total revenues for the year ended december 31 , 2014 and approximately 73.8 % and 19.4 % , respectively , of our total revenues for the year ended december 31 , 2013. in the years ended december 31 , 2014 and 2013 , our total revenues from our top ten clients accounted for 50.3 % and 57.9 % of our total revenues , respectively . none of the clients accounted for more than 10 % of our total revenues in the year ended december 31 , 2014 and 2013. while we have reduced our revenue concentration with our top clients and are developing relationships with new clients to diversify our client base , we believe that the loss of any of our ten largest clients could have a material adverse effect on our financial performance . we derived revenues from 26 and 22 new clients for our services in the years ended december 31 , 2014 and 2013 , respectively . another two clients acquired during the year did not generate revenues in 2014 but are expected to start generating revenues from 2015. our business our business is divided into two reporting segments : operations management ( previously called outsourcing services ) and analytics and business transformation ( previously called transformation services ) . overland 's results are included in our operations management segment and blue slate 's results are included in our analytics and business transformation segment . we market our services to our existing and prospective clients through our sales and client management teams , which are aligned by key industry vertical and cross-industry domains such as finance and accounting . our sales and client management teams operate from the u.s. and europe . story_separator_special_tag we recognize deferred tax assets and liabilities for temporary differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and operating loss carry forwards . we determine if a valuation allowance is required or not on the basis of an assessment of whether it is more likely than not that a deferred tax asset will be realized . critical accounting policies and estimates the discussion and analysis of our financial condition and results of operations are based upon the financial statements included in this annual report on form 10-k , which have been prepared in accordance with generally accepted accounting principles in the u.s ( us gaap ) . the notes to our consolidated financial statements contain a summary of our significant accounting policies . we consider the policies discussed below to be critical to an understanding of our consolidated financial statements , as their application places the most significant demands on management 's judgment regarding matters that are inherently uncertain . these policies include revenue recognition , estimating tax liabilities , stock-based compensation , goodwill , intangibles and long-lived assets , derivative instruments and assets and obligations related to employee benefit plans . these accounting policies and the associated risks are set out below . future events may not develop exactly as forecast and estimates routinely require adjustment . revenue recognition we derive our revenues from operations management and analytics and business transformation services . revenues from operations management are recognized primarily on a time-and-material , cost-plus , transaction based and outcome-based pricing ; revenues from analytics and business transformation services are recognized primarily on a time-and-material , fixed price or contingent fee basis . the services provided within our operations management and analytics and business transformation services contracts generally contain one unit of accounting , except the software and related services contracts involving implementation services and post contract maintenance services . in such multiple element arrangements , revenue is allocated to maintenance based the price charged when that element is sold separately ( vendor specific objective evidence or vsoe ) . revenues are recognized under our contracts generally when four basic criteria are met ; persuasive evidence of an arrangement exists , the sales price is fixed or determinable , services have been performed and collection of amounts billed is reasonably assured . 50 revenues under time-and-material , transaction-based and outcome-based contracts are recognized as the services are performed . revenues are recognized on cost-plus contracts on the basis of contractually agreed direct and indirect costs incurred on a client contract plus an agreed-upon profit markup . such revenues are recognized as the related services are provided in accordance with the client contract . when the terms of the client contract specify service level parameters that must be met ( such as turnaround time or accuracy ) , we monitor such service level parameters to determine if any service credits or penalties have been incurred . revenues are recognized net of any service credits that are due to a client . revenues for our fixed-price analytics and business transformation services contracts are recognized using the proportional performance method when the pattern of performance under the contracts can be reasonably determined . we estimate the proportional performance of a contract by comparing the actual number of hours or days worked to the estimated total number of hours or days required to complete each engagement . the use of the proportional performance method requires significant judgment relative to estimating the number of hours or days required to complete the contracted scope of work , including assumptions and estimates relative to the length of time to complete the project and the nature and complexity of the work to be performed . we regularly monitor our estimates for completion of a project and record changes in the period in which a change in an estimate is determined . if a change in an estimate results in a projected loss on a project , such loss is recognized in the period in which it is first identified . our software and related services contracts generally contain software license , related services and maintenance elements . maintenance revenues are generally recognized on a straight-line basis over the contract term as they are separable and have vsoe . services related to software licenses are evaluated to determine whether those services are significant or essential to the functionality of the software . when services are not considered essential , software license revenues and the related services are considered as one unit of accounting and recognized on a proportional performance basis or ratably as the services are performed . when services are significant or considered essential , revenues related to license fee and services are recognized as the services are performed using the percentage of completion method of accounting , under which the total value of revenue is recognized on the basis of the percentage that each contract 's total labor hours to date bears to the total expected labor hours ( input method ) . we accrue revenues for services rendered between the last billing date and the balance sheet date . accordingly , our accounts receivable include amounts for services that we have performed and for which an invoice has not yet been issued to the client . these are included in accounts receivable on our consolidated balance sheet and the amounts are disclosed in the notes to our consolidated financial statements . goodwill , intangible assets and long-lived assets the purchase method of accounting is used for all business combinations . we account for our business combinations by recognizing the identifiable tangible and intangible assets and liabilities assumed , and non-controlling interest in the acquired business , measured at their acquisition date fair values . all assets and liabilities of the acquired business including goodwill are assigned to reporting units . acquisition related costs are expensed as incurred under sg & a expenses . we evaluate goodwill

liquidity and capital resources replace_table_token_14_th as of december 31 , 2014 and 2013 , we had $ 188.1 million and $ 154.1 million , respectively in cash , cash equivalents and short-term investments ( including $ 110.5 million and $ 67.2 million , respectively held by our foreign subsidiaries ) . we do not intend to repatriate our overseas funds since our future growth partially depends upon continued infrastructure and technology investments , geographical expansions and acquisitions outside of the u.s. therefore , we intend to reinvest the earnings generated outside of the u.s. if we were to repatriate our overseas funds , we would accrue and pay applicable taxes . operating activities : cash flows provided by operating activities decreased by $ 16.1 million from $ 82.8 million for the year ended december 31 , 2013 to $ 66.7 million for the year ended december 31 , 2014. generally , factors that affect our earningsincluding pricing , volume of services , costs and productivityaffect our cash flows provided by operations in a similar manner . however , while management of working capital , including timing of collections and payments affects operating results only indirectly , the impact on the working capital and cash flows provided by operating activities can be significant .


 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.
     ```liquidity and capital resources replace_table_token_14_th as of december 31 , 2014 and 2013 , we had $ 188.1 million and $ 154.1 million , respectively in cash , cash equivalents and short-term investments ( including $ 110.5 million and $ 67.2 million , respectively held by our foreign subsidiaries ) . we do not intend to repatriate our overseas funds since our future growth partially depends upon continued infrastructure and technology investments , geographical expansions and acquisitions outside of the u.s. therefore , we intend to reinvest the earnings generated outside of the u.s. if we were to repatriate our overseas funds , we would accrue and pay applicable taxes . operating activities : cash flows provided by operating activities decreased by $ 16.1 million from $ 82.8 million for the year ended december 31 , 2013 to $ 66.7 million for the year ended december 31 , 2014. generally , factors that affect our earningsincluding pricing , volume of services , costs and productivityaffect our cash flows provided by operations in a similar manner . however , while management of working capital , including timing of collections and payments affects operating results only indirectly , the impact on the working capital and cash flows provided by operating activities can be significant .
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 Suspicious Activity Report : our solutions integrate operations management with analytics and business transformation to deliver actionable business insights and long-term business impact . we help shape our clients ' operating environments through process and technology interventions and analytics driven insights into business performance with the goal of increasing quality and productivity while improving risk management and control . we changed our reporting segments nomenclature in 2014 to operations management ( previously called outsourcing services ) and analytics and business transformation ( previously called transformation services ) in order to more accurately reflect the changing nature of our engagements with our clients . for comparability with our prior periods , the business composition of each segment remains unchanged . our global delivery network spreads across the united states , europe and asia . we operate nineteen operations centers in india , six operations centers in the u.s. , five operations centers in the philippines and one operations center in each of bulgaria , romania and the czech republic . in addition to these operations centers , we acquired multiple regional offices in the u.s. as part of our acquisitions of blue slate solutions , llc ( blue slate ) and overland holdings , inc. ( overland ) during the year ended december 31 , 2014. on july 1 , 2014 , we acquired blue slate . prior to its acquisition , blue slate was a business process management ( bpm ) and technology solutions company that specializes in transforming operations through business process automation , use of innovative technologies , data integration and analytics . blue slate helps clients achieve large productivity improvements , develop an agile and cost-effective operating model , enhance customer satisfaction and deliver measurable return on their investments . on october 24 , 2014 , we acquired overland . prior to its acquisition , overland specialized in providing premium audit services , commercial and residential underwriting surveys and loss control services to more than 300 property and casualty ( p & c ) insurers using a bpaas model . overland offers services including physical audit , telephone audit , and government inspection and has developed an automated premium audit solution auditstream ® . overland also offers survey products and services to homeowners and commercial insurance carriers through castle high value surveys ® . revenues on november 1 , 2013 , we received a notice of termination from the travelers indemnity company ( travelers ) under the professional services agreement , dated as of march 7 , 2006 , between us and travelers ( as amended from time to time , the services agreement ) . revenues from travelers were $ 8.2 million and $ 46.2 million during the year ended december 31 , 2014 and 2013 , respectively . the reduction in revenues from travelers during 2014 was due to $ 12.0 million related to certain services we used to provide to travelers being transitioned away from us and we reimbursed travelers for certain of their expenses incurred in connection with the termination ( the disentanglement costs ) of $ 26.3 million compared to $ 0.3 million in 2013. for the year ended december 31 , 2014 , we had total revenues of $ 499.3 million ( net of $ 26.3 million of reimbursement of disentanglement costs to travelers ) compared to total revenues of $ 478.5 million ( net of $ 0.3 million of reimbursement of disentanglement costs to travelers ) for the year ended december 31 , 2013 , an increase of $ 20.8 million or 4.4 % . revenues from operations management services were $ 388.7 million ( net of 45 $ 26.3 million of reimbursement of disentanglement costs to travelers ) for the year ended december 31 , 2014 compared to $ 395.0 million ( net of $ 0.3 million of reimbursement of disentanglement costs to travelers ) for the year ended december 31 , 2013. revenues from analytics and business transformation services were $ 110.6 million for the year ended december 31 , 2014 compared to $ 83.5 million for the year ended december 31 , 2013. we serve clients mainly in the u.s. and the u.k. , with these two regions generating approximately 73.9 % and 20.4 % , respectively , of our total revenues for the year ended december 31 , 2014 and approximately 73.8 % and 19.4 % , respectively , of our total revenues for the year ended december 31 , 2013. in the years ended december 31 , 2014 and 2013 , our total revenues from our top ten clients accounted for 50.3 % and 57.9 % of our total revenues , respectively . none of the clients accounted for more than 10 % of our total revenues in the year ended december 31 , 2014 and 2013. while we have reduced our revenue concentration with our top clients and are developing relationships with new clients to diversify our client base , we believe that the loss of any of our ten largest clients could have a material adverse effect on our financial performance . we derived revenues from 26 and 22 new clients for our services in the years ended december 31 , 2014 and 2013 , respectively . another two clients acquired during the year did not generate revenues in 2014 but are expected to start generating revenues from 2015. our business our business is divided into two reporting segments : operations management ( previously called outsourcing services ) and analytics and business transformation ( previously called transformation services ) . overland 's results are included in our operations management segment and blue slate 's results are included in our analytics and business transformation segment . we market our services to our existing and prospective clients through our sales and client management teams , which are aligned by key industry vertical and cross-industry domains such as finance and accounting . our sales and client management teams operate from the u.s. and europe . story_separator_special_tag we recognize deferred tax assets and liabilities for temporary differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and operating loss carry forwards . we determine if a valuation allowance is required or not on the basis of an assessment of whether it is more likely than not that a deferred tax asset will be realized . critical accounting policies and estimates the discussion and analysis of our financial condition and results of operations are based upon the financial statements included in this annual report on form 10-k , which have been prepared in accordance with generally accepted accounting principles in the u.s ( us gaap ) . the notes to our consolidated financial statements contain a summary of our significant accounting policies . we consider the policies discussed below to be critical to an understanding of our consolidated financial statements , as their application places the most significant demands on management 's judgment regarding matters that are inherently uncertain . these policies include revenue recognition , estimating tax liabilities , stock-based compensation , goodwill , intangibles and long-lived assets , derivative instruments and assets and obligations related to employee benefit plans . these accounting policies and the associated risks are set out below . future events may not develop exactly as forecast and estimates routinely require adjustment . revenue recognition we derive our revenues from operations management and analytics and business transformation services . revenues from operations management are recognized primarily on a time-and-material , cost-plus , transaction based and outcome-based pricing ; revenues from analytics and business transformation services are recognized primarily on a time-and-material , fixed price or contingent fee basis . the services provided within our operations management and analytics and business transformation services contracts generally contain one unit of accounting , except the software and related services contracts involving implementation services and post contract maintenance services . in such multiple element arrangements , revenue is allocated to maintenance based the price charged when that element is sold separately ( vendor specific objective evidence or vsoe ) . revenues are recognized under our contracts generally when four basic criteria are met ; persuasive evidence of an arrangement exists , the sales price is fixed or determinable , services have been performed and collection of amounts billed is reasonably assured . 50 revenues under time-and-material , transaction-based and outcome-based contracts are recognized as the services are performed . revenues are recognized on cost-plus contracts on the basis of contractually agreed direct and indirect costs incurred on a client contract plus an agreed-upon profit markup . such revenues are recognized as the related services are provided in accordance with the client contract . when the terms of the client contract specify service level parameters that must be met ( such as turnaround time or accuracy ) , we monitor such service level parameters to determine if any service credits or penalties have been incurred . revenues are recognized net of any service credits that are due to a client . revenues for our fixed-price analytics and business transformation services contracts are recognized using the proportional performance method when the pattern of performance under the contracts can be reasonably determined . we estimate the proportional performance of a contract by comparing the actual number of hours or days worked to the estimated total number of hours or days required to complete each engagement . the use of the proportional performance method requires significant judgment relative to estimating the number of hours or days required to complete the contracted scope of work , including assumptions and estimates relative to the length of time to complete the project and the nature and complexity of the work to be performed . we regularly monitor our estimates for completion of a project and record changes in the period in which a change in an estimate is determined . if a change in an estimate results in a projected loss on a project , such loss is recognized in the period in which it is first identified . our software and related services contracts generally contain software license , related services and maintenance elements . maintenance revenues are generally recognized on a straight-line basis over the contract term as they are separable and have vsoe . services related to software licenses are evaluated to determine whether those services are significant or essential to the functionality of the software . when services are not considered essential , software license revenues and the related services are considered as one unit of accounting and recognized on a proportional performance basis or ratably as the services are performed . when services are significant or considered essential , revenues related to license fee and services are recognized as the services are performed using the percentage of completion method of accounting , under which the total value of revenue is recognized on the basis of the percentage that each contract 's total labor hours to date bears to the total expected labor hours ( input method ) . we accrue revenues for services rendered between the last billing date and the balance sheet date . accordingly , our accounts receivable include amounts for services that we have performed and for which an invoice has not yet been issued to the client . these are included in accounts receivable on our consolidated balance sheet and the amounts are disclosed in the notes to our consolidated financial statements . goodwill , intangible assets and long-lived assets the purchase method of accounting is used for all business combinations . we account for our business combinations by recognizing the identifiable tangible and intangible assets and liabilities assumed , and non-controlling interest in the acquired business , measured at their acquisition date fair values . all assets and liabilities of the acquired business including goodwill are assigned to reporting units . acquisition related costs are expensed as incurred under sg & a expenses . we evaluate goodwill

