the company has provided a reconciliation to the nearest gaap measurement , earnings per diluted share from continuing operations for the years ended december 31 , 2015 , 2014 and 2013 , respectively , and is provided in the results of operations  continuing operations section . strategic accomplishments and other events the following items highlight the company 's significant strategic accomplishments and other events for the year ended december 31 , 2015. appointment of jerome grisko , jr. to the company 's board of directors jerome grisko , jr. , president and coo , was appointed to the cbiz board of directors , effective november 11 , 2015. mr. grisko will assume the position of ceo in march 2016 following the retirement of steven gerard , cbiz 's current chairman and ceo . mr. gerard will remain non-executive chairman of the board . 2010 notes the 2010 notes matured on october 1 , 2015. no shares of cbiz common stock were issued in conjunction with the maturation of the $ 48.4 million outstanding principal amount of the 2010 notes . holders received $ 1,000 in cash for each $ 1,000 principal amount of 2010 notes along with a premium of the conversion value over par value . the $ 71.8 million conversion value of the 2010 notes was determined by a cash averaging period that began on october 5 , 2015 and ended on october 30 , 2015. cash payments were settled on november 4 , 2015 with funds available under the credit facility . for further discussion regarding debt and financing arrangements , see note 8 to the accompanying consolidated financial statements . share repurchases on february 11 , 2016 , cbiz 's board of directors authorized the purchase of up to 5.0 million shares of cbiz common stock . the company 's share repurchase program may be suspended or discontinued at any time and expires on april 1 , 2017. the shares may be purchased in open market , privately negotiated transactions or rule 10b5-1 trading plan purchases in accordance with the sec rules . the company 's management will determine the timing and amount of the transactions based on its evaluation of market conditions and other factors . cbiz believes that repurchasing shares of its common stock under the share repurchase program is a prudent use of the company 's financial resources , and that investing in its shares is an attractive use of capital and an efficient means to provide value to cbiz shareholders . the company repurchased 3.8 million shares of cbiz common stock at a total cost of approximately $ 35.2 million during the year ended december 31 , 2015 compared to 3.2 million shares of cbiz common stock at a total cost of approximately $ 26.6 million during the same period in 2014 . 24 subsequent to december 31 , 2015 up to the date of this filing , cbiz repurchased approximately 0.6 million shares at a total cost of approximately $ 6.1 million under a rule 10b5-1 trading plan , which allows cbiz to repurchase shares below a predetermined price per share . acquisitions and divestitures for the year ended december 31 , 2015 , cbiz completed three acquisitions and purchased six client lists . model , located in trevose , pennsylvania , effective march 1 , 2015. model provides employee benefit consulting services to mid-sized companies in the philadelphia and southern new jersey markets . annualized revenue attributable to model is estimated to be approximately $ 4.2 million . operating results attributable to model are reported in the employee services practice group . prg , located in woodstock , georgia , effective october 1 , 2015. prg provides pension administration solutions including defined benefit administration , data warehousing , benefit communication , compensation statement and human capital services to clients ranging in size from 500 to over 60,000 participants . annualized revenue attributable to prg is estimated to be approximately $ 4.8 million . operating results attributable to prg are reported in the employees services practice group . cottonwood , located in overland park , kansas , effective december 1 , 2015. cottonwood provides pension plan consulting , actuarial and investment services for institutional pension plans , retirement funds , endowment funds and foundations . annualized revenue attributable to cottonwood is estimated to be $ 3.1 million . operating results attributable to cottonwood are reported in the employees services practice group . during the year ended december 31 , 2015 , cbiz also purchased six client lists , all of which are reported in the employee services practice group . amendments to credit agreement on april 10 , 2015 , cbiz entered into an amendment to the credit agreement that governs the credit facility , dated july 28 , 2014 , by and among the company and bank of america , n.a . , as administrative agent and bank , and other participating banks , to remove certain events from the definition of change of control . this amendment had no impact on the terms of the credit facility ( other than as described above ) , the accompanying consolidated balance sheets , consolidated statements of comprehensive income and consolidated statements of cash flows . for further discussion regarding debt and financing arrangements , see note 8 to the accompanying consolidated financial statements . on october 16 , 2015 , cbiz entered into a second amendment to the credit agreement that governs the credit facility , dated as of july 28 , 2014 , by and among the company and bank of america , n.a . , as administrative agent and bank , and other participating banks , to incorporate swap obligations in the agreement . this amendment had no impact on the terms of the credit facility ( other than as described above ) , the accompanying consolidated balance sheets , consolidated statements of comprehensive income and consolidated statements of cash flows . story_separator_special_tag the growth in the traditional accounting and tax services was due to price increases on services performed during the year ended december 31 , 2014 compared to the same period in 2013. growth in the national units was primarily due to a 9.7 % increase in revenue related to those units that provide valuation services and a 6.0 % increase in revenue related to the federal and state governmental health care compliance industry . the growth in revenue from acquisitions was provided by : knight field fabry , llp ( knight ) , located in denver , colorado , acquired effective november 1 , 2013 , and lbr , located in tampa , florida , acquired effective february 1 , 2014 . 32 fees earned by cbiz under the asas were approximately $ 133.7 million and $ 133.5 million for the years ended december 31 , 2014 and 2013 , respectively . the decrease in asa fees was primarily due to a decrease in demand for attest services . operating expenses personnel costs , occupancy costs , and travel and related costs represented 89.5 % and 89.3 % of total operating expenses and 76.9 % and 76.9 % of total revenue for the years ended december 31 , 2014 and 2013 , respectively . personnel costs increased $ 15.8 million during the year ended december 31 , 2014 compared to the same period in 2013 , and represented 68.4 % and 68.5 % of revenue for the years ended december 31 , 2014 and 2013 , respectively . the increase was largely attributable to the acquisition of lbr and knight , comprising $ 7.7 million of the variance , as well as a same-unit increase of $ 8.1 million due to staff compensation increases and an increase in headcount , particularly at the units offering national services . occupancy costs are relatively fixed in nature and were $ 24.6 million and $ 23.9 million , or 5.3 % and 5.4 % of revenue , for the years ended december 31 , 2014 and 2013 , respectively . the increase in occupancy costs was related primarily to the lbr acquisition . travel and related costs were $ 14.8 million and $ 13.4 million , or 3.2 % and 3.0 % of total revenue , for the years ended december 31 , 2014 and 2013 , respectively . the increase in travel and related costs was due to a higher volume of engagement-related costs ( which are billed to clients ) and the impact of the lbr acquisition . in addition to the expenses discussed above , professional service costs were $ 4.1 million and $ 6.2 million , or 0.9 % and 1.4 % of total revenue , for the years ended december 31 , 2014 and 2013 , respectively . the decrease in professional service costs primarily resulted from a decrease in the use of third-party consultants at the units offering federal and state governmental health care consulting services . the increase in headcount as mentioned above replaced the need for certain outside services . employee services replace_table_token_15_th 33 replace_table_token_16_th 2015 compared to 2014 revenue the increase in same-unit revenue was primarily attributable to increases in the company 's property and casualty , payroll , and human capital services groups , offset by a decrease in the life insurance business and in the retirement plan services group . property and casualty revenues increased $ 2.4 million , or 5.3 % primarily due to a strong performance within the specialty program businesses and an increase in carrier bonus payments . payroll business revenues increased $ 1.5 million , or 5.1 % due to higher pricing coupled with an increase in processing volume for payroll and related services . human capital services group revenues increased $ 1.0 million , or 11.5 % primarily due to an increase consulting projects and executive placements . these increases were partially offset by a decline in the life insurance business of $ 1.7 million , or 28.9 % , due to the inconsistent nature in the demand for life insurance plans and a decrease in retirement consulting revenues of $ 1.0 million or 2.6 % , due to lower actuarial fee based revenues . the growth in revenue from acquisitions was provided by : tegrit group , llc , a retirement plan services business located in akron , ohio , that was acquired effective june 1 , 2014 ; sattler insurance agency , a property and casualty firm located in lewiston , idaho , that was acquired effective september 1 , 2014 ; weekes & callaway , inc. , primarily a property and casualty firm located in delray beach , florida , that was acquired effective november 1 , 2014 ; model , an employee benefits broker located in philadelphia , pennsylvania , that was acquired effective march 1 , 2015 ; pension resource group , inc. , a niche pension administration firm in woodstock , georgia , that was acquired effective october 1 , 2015 and the cottonwood group , an actuarial and advisory firm in overland park , kansas , that was acquired effective december 1 , 2015 . 34 operating expenses the largest components of operating expenses for the employee services group are personnel costs , including commissions paid to third party brokers , and occupancy costs , representing 81.1 % and 81.4 % of total operating expenses and 67.3 % and 67.3 % of total revenue for the years ended december 31 , 2015 and 2014 , respectively . excluding costs related to the acquired businesses of $ 11.0 million , personnel costs increased approximately $ 0.5 million , primarily due to commissions paid to producers relating to the increased revenue in the property and casualty , payroll and human capital services businesses as well as investments in the employee benefits business . occupancy costs were $ 13.2 million , or 5.4 % of revenue and $ 11.5 million , or 5.1

debt covenant compliance under the credit facility , cbiz is required to meet certain financial covenants with respect to ( i ) total leverage ratio and ( ii ) a minimum fixed charge coverage ratio . cbiz is in compliance with its covenants as of december 31 , 2015. cbiz 's ability to service its debt and to fund future strategic initiatives will depend upon its ability to generate cash in the future . amendments to credit agreement on april 10 , 2015 , cbiz entered into an amendment to the credit agreement that governs the credit facility , dated july 28 , 2014 , by and among the company and bank of america , n.a. , as administrative agent and bank , and other participating banks , to remove certain events from the definition of change of control . this 42 amendment had no impact on the terms of the credit facility ( other than as described above ) , the accompanying consolidated balance sheets , consolidated statements of comprehensive income and consolidated statements of cash flows . on october 16 , 2015 , cbiz entered into a second amendment to the credit agreement that governs the credit facility , dated as of july 28 , 2014 , by and among the company and bank of america , n.a. , as administrative agent and bank , and other participating banks , to incorporate swap obligations in the agreement .


 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.
     ```debt covenant compliance under the credit facility , cbiz is required to meet certain financial covenants with respect to ( i ) total leverage ratio and ( ii ) a minimum fixed charge coverage ratio . cbiz is in compliance with its covenants as of december 31 , 2015. cbiz 's ability to service its debt and to fund future strategic initiatives will depend upon its ability to generate cash in the future . amendments to credit agreement on april 10 , 2015 , cbiz entered into an amendment to the credit agreement that governs the credit facility , dated july 28 , 2014 , by and among the company and bank of america , n.a. , as administrative agent and bank , and other participating banks , to remove certain events from the definition of change of control . this 42 amendment had no impact on the terms of the credit facility ( other than as described above ) , the accompanying consolidated balance sheets , consolidated statements of comprehensive income and consolidated statements of cash flows . on october 16 , 2015 , cbiz entered into a second amendment to the credit agreement that governs the credit facility , dated as of july 28 , 2014 , by and among the company and bank of america , n.a. , as administrative agent and bank , and other participating banks , to incorporate swap obligations in the agreement .
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 Suspicious Activity Report : the company has provided a reconciliation to the nearest gaap measurement , earnings per diluted share from continuing operations for the years ended december 31 , 2015 , 2014 and 2013 , respectively , and is provided in the results of operations  continuing operations section . strategic accomplishments and other events the following items highlight the company 's significant strategic accomplishments and other events for the year ended december 31 , 2015. appointment of jerome grisko , jr. to the company 's board of directors jerome grisko , jr. , president and coo , was appointed to the cbiz board of directors , effective november 11 , 2015. mr. grisko will assume the position of ceo in march 2016 following the retirement of steven gerard , cbiz 's current chairman and ceo . mr. gerard will remain non-executive chairman of the board . 2010 notes the 2010 notes matured on october 1 , 2015. no shares of cbiz common stock were issued in conjunction with the maturation of the $ 48.4 million outstanding principal amount of the 2010 notes . holders received $ 1,000 in cash for each $ 1,000 principal amount of 2010 notes along with a premium of the conversion value over par value . the $ 71.8 million conversion value of the 2010 notes was determined by a cash averaging period that began on october 5 , 2015 and ended on october 30 , 2015. cash payments were settled on november 4 , 2015 with funds available under the credit facility . for further discussion regarding debt and financing arrangements , see note 8 to the accompanying consolidated financial statements . share repurchases on february 11 , 2016 , cbiz 's board of directors authorized the purchase of up to 5.0 million shares of cbiz common stock . the company 's share repurchase program may be suspended or discontinued at any time and expires on april 1 , 2017. the shares may be purchased in open market , privately negotiated transactions or rule 10b5-1 trading plan purchases in accordance with the sec rules . the company 's management will determine the timing and amount of the transactions based on its evaluation of market conditions and other factors . cbiz believes that repurchasing shares of its common stock under the share repurchase program is a prudent use of the company 's financial resources , and that investing in its shares is an attractive use of capital and an efficient means to provide value to cbiz shareholders . the company repurchased 3.8 million shares of cbiz common stock at a total cost of approximately $ 35.2 million during the year ended december 31 , 2015 compared to 3.2 million shares of cbiz common stock at a total cost of approximately $ 26.6 million during the same period in 2014 . 24 subsequent to december 31 , 2015 up to the date of this filing , cbiz repurchased approximately 0.6 million shares at a total cost of approximately $ 6.1 million under a rule 10b5-1 trading plan , which allows cbiz to repurchase shares below a predetermined price per share . acquisitions and divestitures for the year ended december 31 , 2015 , cbiz completed three acquisitions and purchased six client lists . model , located in trevose , pennsylvania , effective march 1 , 2015. model provides employee benefit consulting services to mid-sized companies in the philadelphia and southern new jersey markets . annualized revenue attributable to model is estimated to be approximately $ 4.2 million . operating results attributable to model are reported in the employee services practice group . prg , located in woodstock , georgia , effective october 1 , 2015. prg provides pension administration solutions including defined benefit administration , data warehousing , benefit communication , compensation statement and human capital services to clients ranging in size from 500 to over 60,000 participants . annualized revenue attributable to prg is estimated to be approximately $ 4.8 million . operating results attributable to prg are reported in the employees services practice group . cottonwood , located in overland park , kansas , effective december 1 , 2015. cottonwood provides pension plan consulting , actuarial and investment services for institutional pension plans , retirement funds , endowment funds and foundations . annualized revenue attributable to cottonwood is estimated to be $ 3.1 million . operating results attributable to cottonwood are reported in the employees services practice group . during the year ended december 31 , 2015 , cbiz also purchased six client lists , all of which are reported in the employee services practice group . amendments to credit agreement on april 10 , 2015 , cbiz entered into an amendment to the credit agreement that governs the credit facility , dated july 28 , 2014 , by and among the company and bank of america , n.a . , as administrative agent and bank , and other participating banks , to remove certain events from the definition of change of control . this amendment had no impact on the terms of the credit facility ( other than as described above ) , the accompanying consolidated balance sheets , consolidated statements of comprehensive income and consolidated statements of cash flows . for further discussion regarding debt and financing arrangements , see note 8 to the accompanying consolidated financial statements . on october 16 , 2015 , cbiz entered into a second amendment to the credit agreement that governs the credit facility , dated as of july 28 , 2014 , by and among the company and bank of america , n.a . , as administrative agent and bank , and other participating banks , to incorporate swap obligations in the agreement . this amendment had no impact on the terms of the credit facility ( other than as described above ) , the accompanying consolidated balance sheets , consolidated statements of comprehensive income and consolidated statements of cash flows . story_separator_special_tag the growth in the traditional accounting and tax services was due to price increases on services performed during the year ended december 31 , 2014 compared to the same period in 2013. growth in the national units was primarily due to a 9.7 % increase in revenue related to those units that provide valuation services and a 6.0 % increase in revenue related to the federal and state governmental health care compliance industry . the growth in revenue from acquisitions was provided by : knight field fabry , llp ( knight ) , located in denver , colorado , acquired effective november 1 , 2013 , and lbr , located in tampa , florida , acquired effective february 1 , 2014 . 32 fees earned by cbiz under the asas were approximately $ 133.7 million and $ 133.5 million for the years ended december 31 , 2014 and 2013 , respectively . the decrease in asa fees was primarily due to a decrease in demand for attest services . operating expenses personnel costs , occupancy costs , and travel and related costs represented 89.5 % and 89.3 % of total operating expenses and 76.9 % and 76.9 % of total revenue for the years ended december 31 , 2014 and 2013 , respectively . personnel costs increased $ 15.8 million during the year ended december 31 , 2014 compared to the same period in 2013 , and represented 68.4 % and 68.5 % of revenue for the years ended december 31 , 2014 and 2013 , respectively . the increase was largely attributable to the acquisition of lbr and knight , comprising $ 7.7 million of the variance , as well as a same-unit increase of $ 8.1 million due to staff compensation increases and an increase in headcount , particularly at the units offering national services . occupancy costs are relatively fixed in nature and were $ 24.6 million and $ 23.9 million , or 5.3 % and 5.4 % of revenue , for the years ended december 31 , 2014 and 2013 , respectively . the increase in occupancy costs was related primarily to the lbr acquisition . travel and related costs were $ 14.8 million and $ 13.4 million , or 3.2 % and 3.0 % of total revenue , for the years ended december 31 , 2014 and 2013 , respectively . the increase in travel and related costs was due to a higher volume of engagement-related costs ( which are billed to clients ) and the impact of the lbr acquisition . in addition to the expenses discussed above , professional service costs were $ 4.1 million and $ 6.2 million , or 0.9 % and 1.4 % of total revenue , for the years ended december 31 , 2014 and 2013 , respectively . the decrease in professional service costs primarily resulted from a decrease in the use of third-party consultants at the units offering federal and state governmental health care consulting services . the increase in headcount as mentioned above replaced the need for certain outside services . employee services replace_table_token_15_th 33 replace_table_token_16_th 2015 compared to 2014 revenue the increase in same-unit revenue was primarily attributable to increases in the company 's property and casualty , payroll , and human capital services groups , offset by a decrease in the life insurance business and in the retirement plan services group . property and casualty revenues increased $ 2.4 million , or 5.3 % primarily due to a strong performance within the specialty program businesses and an increase in carrier bonus payments . payroll business revenues increased $ 1.5 million , or 5.1 % due to higher pricing coupled with an increase in processing volume for payroll and related services . human capital services group revenues increased $ 1.0 million , or 11.5 % primarily due to an increase consulting projects and executive placements . these increases were partially offset by a decline in the life insurance business of $ 1.7 million , or 28.9 % , due to the inconsistent nature in the demand for life insurance plans and a decrease in retirement consulting revenues of $ 1.0 million or 2.6 % , due to lower actuarial fee based revenues . the growth in revenue from acquisitions was provided by : tegrit group , llc , a retirement plan services business located in akron , ohio , that was acquired effective june 1 , 2014 ; sattler insurance agency , a property and casualty firm located in lewiston , idaho , that was acquired effective september 1 , 2014 ; weekes & callaway , inc. , primarily a property and casualty firm located in delray beach , florida , that was acquired effective november 1 , 2014 ; model , an employee benefits broker located in philadelphia , pennsylvania , that was acquired effective march 1 , 2015 ; pension resource group , inc. , a niche pension administration firm in woodstock , georgia , that was acquired effective october 1 , 2015 and the cottonwood group , an actuarial and advisory firm in overland park , kansas , that was acquired effective december 1 , 2015 . 34 operating expenses the largest components of operating expenses for the employee services group are personnel costs , including commissions paid to third party brokers , and occupancy costs , representing 81.1 % and 81.4 % of total operating expenses and 67.3 % and 67.3 % of total revenue for the years ended december 31 , 2015 and 2014 , respectively . excluding costs related to the acquired businesses of $ 11.0 million , personnel costs increased approximately $ 0.5 million , primarily due to commissions paid to producers relating to the increased revenue in the property and casualty , payroll and human capital services businesses as well as investments in the employee benefits business . occupancy costs were $ 13.2 million , or 5.4 % of revenue and $ 11.5 million , or 5.1

