the company also owns and operates golf galaxy , field & stream and other specialty concept stores , and dick 's team sports hq , an all-in-one youth sports digital platform offering free league management services , mobile apps for scheduling , communications and live scorekeeping , custom uniforms and fanwear and access to donations and sponsorships . the company offers its products through a content-rich ecommerce platform that is integrated with its store network and provides customers with the convenience and expertise of a 24-hour storefront . when used in this annual report on form 10-k , unless the context otherwise requires or otherwise specifies , any reference to `` year `` is to the company 's fiscal year . the primary factors that have historically influenced the company 's profitability and success have been the growth in its number of stores and selling square footage , the integration of ecommerce with its brick and mortar stores , positive consolidated same store sales , which include the company 's ecommerce business , and its strong gross profit margins . over the last five years , the company has grown from 480 dick 's sporting goods stores at the end of fiscal 2011 to 676 dick 's sporting goods stores at the end of fiscal 2016 . the company 's ecommerce sales penetration to total net sales has increased from 3.5 % in fiscal 2011 to 11.9 % in fiscal 2016 . in recent years , the company has innovated its ecommerce sites with enhancements in the customer experience , new releases of its mobile and tablet sites , and development of capabilities that integrate the company 's online presence with its brick and mortar stores , including ship-from-store ; buy-online , pick-up in-store ; return-to-store and multi-faceted marketing campaigns that are consistent across our stores and our ecommerce websites . on average , approximately 80 % of the company 's ecommerce sales are generated within brick and mortar trade areas . the company 's senior management focuses on certain key indicators to monitor the company 's performance including : consolidated same store sales performance – our management considers same store sales , which consists of both brick and mortar and ecommerce sales , to be an important indicator of our current performance . same store sales results are important to leverage our costs , which include occupancy costs , store payroll and other store expenses . same store sales also have a direct impact on our total net sales , cash and working capital . see further discussion of the company 's consolidated same store sales within part ii , item 6 . `` selected financial data `` . operating cash flow – cash flow generation supports the general operating needs of the company and funds capital expenditures from its omni-channel platform , distribution and administrative facilities , costs associated with continued improvement of information technology tools , potential strategic acquisitions or investments that may arise from time to time and stockholder return initiatives , including cash dividends and share repurchases . we typically generate significant positive operating cash flows and proportionately higher net income levels in our fiscal fourth quarter in connection with the holiday selling season and in part to sales of cold weather sporting goods and apparel . see further discussion of the company 's cash flows in the `` liquidity and capital resources `` section herein . quality of merchandise offerings – to measure acceptance of its merchandise offerings , the company monitors sell-throughs , inventory turns , gross margins and markdown rates on a department and style level . this analysis helps the company manage inventory levels to reduce cash flow requirements and deliver optimal gross margins by improving merchandise flow and establishing appropriate price points to minimize markdowns . store productivity – to assess store-level performance , the company monitors various indicators , including new store productivity , sales per square foot , store operating contribution margin and store cash flow . 22 executive summary earnings per diluted share of $ 2.56 in fiscal 2016 decreased compared to earnings per diluted share of $ 2.83 in fiscal 2015 . net income for fiscal 2016 totaled $ 287.4 million compared to $ 330.4 million in fiscal 2015 . fiscal 2016 net income includes $ 62.3 million , net of tax , or $ 0.56 per diluted share of costs for asset write-downs , impairments and merger and integration costs . fiscal 2015 net income included $ 4.7 million , net of tax , or $ 0.04 per diluted share , from a litigation settlement charge . net sales increased 9 % to $ 7,922.0 million in fiscal 2016 from $ 7,271.0 million in fiscal 2015 . ecommerce sales penetration in fiscal 2016 increased to 11.9 % of total net sales compared to 10.3 % in fiscal 2015 . during fiscal 2016 , the company : declared and paid aggregate cash dividends of $ 0.605 per share of common stock and class b common stock . repurchased 3.1 million shares of common stock for $ 145.7 million . completed acquisitions of certain assets of the sports authority ( `` tsa `` ) and golfsmith international holdings ( `` golfsmith `` ) and acquired two sports management technology companies , affinity sports and gamechanger . ended the period with no outstanding borrowings under its credit agreement . the following table summarizes store openings and closings for fiscal 2016 and fiscal 2015 : replace_table_token_6_th ( 1 ) includes the company 's golf galaxy , field & stream and other specialty concept stores . story_separator_special_tag changes in operating assets and liabilities primarily reflect changes in inventories , accounts payable and income taxes payable / receivable , as well as other working capital changes . story_separator_special_tag ize:10pt ; `` > vendor allowances include allowances , rebates and cooperative advertising funds received from vendors . these funds are determined for each fiscal year and the majority are based on various quantitative contract terms . amounts expected to be received from vendors for the purchase of merchandise inventories are treated as a reduction of inventory and reduce cost of goods sold as the merchandise is sold . amounts that represent a reimbursement of costs incurred , such as advertising , are recorded as a reduction to the related expense in the period that the related expense is incurred . the company records an estimate of earned allowances based on the latest projected purchase volumes and advertising forecasts . goodwill and intangible assets goodwill , indefinite-lived and other finite-lived intangible assets are reviewed for impairment on an annual basis , or whenever circumstances indicate that a decline in value may have occurred . our evaluation for impairment requires accounting judgments and financial estimates in determining the fair value of the reporting unit . if these judgments or estimates change in the future , we may be required to record impairment charges for these assets . the goodwill impairment test is a two-step impairment test . in the first step , the company compares the fair value of each reporting unit to its carrying value . the company determines the fair value of its reporting units using a combination of a discounted cash flow and a market value approach . the company 's estimates may differ from actual results due to , among other things , economic conditions , changes to its business models , or changes in operating performance . significant differences between these estimates and actual results could result in future impairment charges and could materially affect the company 's future financial results . if the fair value of the reporting unit exceeds the carrying value of the net assets assigned to that reporting unit , goodwill is not impaired and the company is not required to perform further testing . if the carrying value of the net assets assigned to the reporting unit exceeds the fair value of the reporting unit , then the company must perform the second step in order to determine the implied fair value of the reporting unit 's goodwill and compare it to the carrying value of the reporting unit 's goodwill . the activities in the second step include valuing the tangible and intangible assets and liabilities of the impaired reporting unit based on their fair value and determining the fair value of the impaired reporting unit 's goodwill based upon the residual of the aggregate identified tangible and intangible assets and liabilities . as of january 28 , 2017 , the company had no reporting unit ( s ) at risk for goodwill impairment . 30 intangible assets that have been determined to have indefinite lives are also not subject to amortization and are reviewed at least annually for potential impairment , or more frequently as mentioned above . the fair value of the company 's intangible assets are estimated and compared to their carrying value . the company estimates the fair value of these intangible assets based on an income approach using the relief-from-royalty method . this methodology assumes that , in lieu of ownership , a third party would be willing to pay a royalty in order to exploit the related benefits of these types of assets . this approach is dependent on a number of factors , including estimates of future sales growth and trends , royalty rates in the category of intellectual property , discount rates and other variables . if actual results are not consistent with our estimates and assumptions used in estimating fair value , the company may be exposed to losses that could be material . the company does not believe there is reasonable likelihood that there will be a material change in the estimates or assumptions used to calculate fair value . the company recognizes an impairment charge when the estimated fair value of the intangible asset is less than the carrying value . impairment of long-lived assets and closed store reserves the company reviews long-lived assets whenever events and circumstances indicate that the carrying value of these assets may not be recoverable based on estimated undiscounted future cash flows . assets are reviewed at the lowest level for which cash flows can be identified , which is the store level . the company uses an income approach to determine the fair value of individual store locations , which requires discounting projected future cash flows over its remaining lease term . when determining the stream of projected future cash flows associated with an individual store location , the company makes assumptions , incorporating local market conditions , about key store variables including sales growth rates , gross margin and controllable expenses , such as store payroll . an impairment loss is recognized when the carrying amount of the store location is not recoverable and exceeds its fair value . based on an analysis of current and future store performance , management periodically evaluates the need to close underperforming stores . reserves are established for the present value of any remaining operating lease obligations , net of estimated sublease income , when the company ceases to use the location . if the timing or amount of actual sublease income differs from estimated amounts , this could result in an increase or decrease in the related reserves . self-insurance the company is self-insured for certain losses related to health , workers ' compensation and general liability insurance , although we maintain stop-loss coverage with third party insurers to limit our liability exposure . liabilities associated with these losses are estimated in part by considering

cash provided by operating activities increased $ 115.5 million in fiscal 2016 to $ 759.0 million . the increase in cash provided by operating activities is due primarily to a $ 171.3 million increase in cash flows provided by changes in operating assets and liabilities , partially offset by a $ 43.0 million decrease in net income and a $ 12.8 million decrease in non-cash items . the increase in operating assets and liabilities year-over-year is primarily due to the following : cash flows provided by changes in inventory and accounts payable increased $ 77.3 million compared to fiscal 2015 , primarily attributable to the timing of inventory receipts . changes in accrued expenses increased operating cash flows by $ 59.3 million compared to the prior year , primarily due to year-over-year changes in incentive compensation accruals and corresponding payments . changes in income taxes payable / receivable for fiscal 2016 increased operating cash flows by $ 18.9 million compared to the same period in fiscal 2015 , primarily due to the timing of tax payments . tax payments are impacted year-over-year primarily by the timing of deductions from capital expenditures and the level of stock option exercises . investing activities cash used in investing activities for fiscal 2016 increased by $ 177.9 million to $ 550.3 million from fiscal 2015 primarily due to current year acquisitions coupled with a $ 51.9 million increase in gross capital expenditures . during fiscal 2016 , the company acquired certain assets of tsa and golfsmith as well as two sports management technology companies , affinity sports and gamechanger , for $ 118.8 million . the increase in gross capital expenditures was primarily driven by the company 's full-service footwear store initiative . financing activities cash used in financing activities consists primarily of the company 's capital return initiatives , including its share repurchase program and cash dividend payments , and cash flows generated from stock option exercises . cash used in financing activities for fiscal 2016 totaled $ 162.9 million compared to $ 373.7 million in fiscal 2015 .


 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 provided by operating activities increased $ 115.5 million in fiscal 2016 to $ 759.0 million . the increase in cash provided by operating activities is due primarily to a $ 171.3 million increase in cash flows provided by changes in operating assets and liabilities , partially offset by a $ 43.0 million decrease in net income and a $ 12.8 million decrease in non-cash items . the increase in operating assets and liabilities year-over-year is primarily due to the following : cash flows provided by changes in inventory and accounts payable increased $ 77.3 million compared to fiscal 2015 , primarily attributable to the timing of inventory receipts . changes in accrued expenses increased operating cash flows by $ 59.3 million compared to the prior year , primarily due to year-over-year changes in incentive compensation accruals and corresponding payments . changes in income taxes payable / receivable for fiscal 2016 increased operating cash flows by $ 18.9 million compared to the same period in fiscal 2015 , primarily due to the timing of tax payments . tax payments are impacted year-over-year primarily by the timing of deductions from capital expenditures and the level of stock option exercises . investing activities cash used in investing activities for fiscal 2016 increased by $ 177.9 million to $ 550.3 million from fiscal 2015 primarily due to current year acquisitions coupled with a $ 51.9 million increase in gross capital expenditures . during fiscal 2016 , the company acquired certain assets of tsa and golfsmith as well as two sports management technology companies , affinity sports and gamechanger , for $ 118.8 million . the increase in gross capital expenditures was primarily driven by the company 's full-service footwear store initiative . financing activities cash used in financing activities consists primarily of the company 's capital return initiatives , including its share repurchase program and cash dividend payments , and cash flows generated from stock option exercises . cash used in financing activities for fiscal 2016 totaled $ 162.9 million compared to $ 373.7 million in fiscal 2015 .
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 Suspicious Activity Report : the company also owns and operates golf galaxy , field & stream and other specialty concept stores , and dick 's team sports hq , an all-in-one youth sports digital platform offering free league management services , mobile apps for scheduling , communications and live scorekeeping , custom uniforms and fanwear and access to donations and sponsorships . the company offers its products through a content-rich ecommerce platform that is integrated with its store network and provides customers with the convenience and expertise of a 24-hour storefront . when used in this annual report on form 10-k , unless the context otherwise requires or otherwise specifies , any reference to `` year `` is to the company 's fiscal year . the primary factors that have historically influenced the company 's profitability and success have been the growth in its number of stores and selling square footage , the integration of ecommerce with its brick and mortar stores , positive consolidated same store sales , which include the company 's ecommerce business , and its strong gross profit margins . over the last five years , the company has grown from 480 dick 's sporting goods stores at the end of fiscal 2011 to 676 dick 's sporting goods stores at the end of fiscal 2016 . the company 's ecommerce sales penetration to total net sales has increased from 3.5 % in fiscal 2011 to 11.9 % in fiscal 2016 . in recent years , the company has innovated its ecommerce sites with enhancements in the customer experience , new releases of its mobile and tablet sites , and development of capabilities that integrate the company 's online presence with its brick and mortar stores , including ship-from-store ; buy-online , pick-up in-store ; return-to-store and multi-faceted marketing campaigns that are consistent across our stores and our ecommerce websites . on average , approximately 80 % of the company 's ecommerce sales are generated within brick and mortar trade areas . the company 's senior management focuses on certain key indicators to monitor the company 's performance including : consolidated same store sales performance – our management considers same store sales , which consists of both brick and mortar and ecommerce sales , to be an important indicator of our current performance . same store sales results are important to leverage our costs , which include occupancy costs , store payroll and other store expenses . same store sales also have a direct impact on our total net sales , cash and working capital . see further discussion of the company 's consolidated same store sales within part ii , item 6 . `` selected financial data `` . operating cash flow – cash flow generation supports the general operating needs of the company and funds capital expenditures from its omni-channel platform , distribution and administrative facilities , costs associated with continued improvement of information technology tools , potential strategic acquisitions or investments that may arise from time to time and stockholder return initiatives , including cash dividends and share repurchases . we typically generate significant positive operating cash flows and proportionately higher net income levels in our fiscal fourth quarter in connection with the holiday selling season and in part to sales of cold weather sporting goods and apparel . see further discussion of the company 's cash flows in the `` liquidity and capital resources `` section herein . quality of merchandise offerings – to measure acceptance of its merchandise offerings , the company monitors sell-throughs , inventory turns , gross margins and markdown rates on a department and style level . this analysis helps the company manage inventory levels to reduce cash flow requirements and deliver optimal gross margins by improving merchandise flow and establishing appropriate price points to minimize markdowns . store productivity – to assess store-level performance , the company monitors various indicators , including new store productivity , sales per square foot , store operating contribution margin and store cash flow . 22 executive summary earnings per diluted share of $ 2.56 in fiscal 2016 decreased compared to earnings per diluted share of $ 2.83 in fiscal 2015 . net income for fiscal 2016 totaled $ 287.4 million compared to $ 330.4 million in fiscal 2015 . fiscal 2016 net income includes $ 62.3 million , net of tax , or $ 0.56 per diluted share of costs for asset write-downs , impairments and merger and integration costs . fiscal 2015 net income included $ 4.7 million , net of tax , or $ 0.04 per diluted share , from a litigation settlement charge . net sales increased 9 % to $ 7,922.0 million in fiscal 2016 from $ 7,271.0 million in fiscal 2015 . ecommerce sales penetration in fiscal 2016 increased to 11.9 % of total net sales compared to 10.3 % in fiscal 2015 . during fiscal 2016 , the company : declared and paid aggregate cash dividends of $ 0.605 per share of common stock and class b common stock . repurchased 3.1 million shares of common stock for $ 145.7 million . completed acquisitions of certain assets of the sports authority ( `` tsa `` ) and golfsmith international holdings ( `` golfsmith `` ) and acquired two sports management technology companies , affinity sports and gamechanger . ended the period with no outstanding borrowings under its credit agreement . the following table summarizes store openings and closings for fiscal 2016 and fiscal 2015 : replace_table_token_6_th ( 1 ) includes the company 's golf galaxy , field & stream and other specialty concept stores . story_separator_special_tag changes in operating assets and liabilities primarily reflect changes in inventories , accounts payable and income taxes payable / receivable , as well as other working capital changes . story_separator_special_tag ize:10pt ; `` > vendor allowances include allowances , rebates and cooperative advertising funds received from vendors . these funds are determined for each fiscal year and the majority are based on various quantitative contract terms . amounts expected to be received from vendors for the purchase of merchandise inventories are treated as a reduction of inventory and reduce cost of goods sold as the merchandise is sold . amounts that represent a reimbursement of costs incurred , such as advertising , are recorded as a reduction to the related expense in the period that the related expense is incurred . the company records an estimate of earned allowances based on the latest projected purchase volumes and advertising forecasts . goodwill and intangible assets goodwill , indefinite-lived and other finite-lived intangible assets are reviewed for impairment on an annual basis , or whenever circumstances indicate that a decline in value may have occurred . our evaluation for impairment requires accounting judgments and financial estimates in determining the fair value of the reporting unit . if these judgments or estimates change in the future , we may be required to record impairment charges for these assets . the goodwill impairment test is a two-step impairment test . in the first step , the company compares the fair value of each reporting unit to its carrying value . the company determines the fair value of its reporting units using a combination of a discounted cash flow and a market value approach . the company 's estimates may differ from actual results due to , among other things , economic conditions , changes to its business models , or changes in operating performance . significant differences between these estimates and actual results could result in future impairment charges and could materially affect the company 's future financial results . if the fair value of the reporting unit exceeds the carrying value of the net assets assigned to that reporting unit , goodwill is not impaired and the company is not required to perform further testing . if the carrying value of the net assets assigned to the reporting unit exceeds the fair value of the reporting unit , then the company must perform the second step in order to determine the implied fair value of the reporting unit 's goodwill and compare it to the carrying value of the reporting unit 's goodwill . the activities in the second step include valuing the tangible and intangible assets and liabilities of the impaired reporting unit based on their fair value and determining the fair value of the impaired reporting unit 's goodwill based upon the residual of the aggregate identified tangible and intangible assets and liabilities . as of january 28 , 2017 , the company had no reporting unit ( s ) at risk for goodwill impairment . 30 intangible assets that have been determined to have indefinite lives are also not subject to amortization and are reviewed at least annually for potential impairment , or more frequently as mentioned above . the fair value of the company 's intangible assets are estimated and compared to their carrying value . the company estimates the fair value of these intangible assets based on an income approach using the relief-from-royalty method . this methodology assumes that , in lieu of ownership , a third party would be willing to pay a royalty in order to exploit the related benefits of these types of assets . this approach is dependent on a number of factors , including estimates of future sales growth and trends , royalty rates in the category of intellectual property , discount rates and other variables . if actual results are not consistent with our estimates and assumptions used in estimating fair value , the company may be exposed to losses that could be material . the company does not believe there is reasonable likelihood that there will be a material change in the estimates or assumptions used to calculate fair value . the company recognizes an impairment charge when the estimated fair value of the intangible asset is less than the carrying value . impairment of long-lived assets and closed store reserves the company reviews long-lived assets whenever events and circumstances indicate that the carrying value of these assets may not be recoverable based on estimated undiscounted future cash flows . assets are reviewed at the lowest level for which cash flows can be identified , which is the store level . the company uses an income approach to determine the fair value of individual store locations , which requires discounting projected future cash flows over its remaining lease term . when determining the stream of projected future cash flows associated with an individual store location , the company makes assumptions , incorporating local market conditions , about key store variables including sales growth rates , gross margin and controllable expenses , such as store payroll . an impairment loss is recognized when the carrying amount of the store location is not recoverable and exceeds its fair value . based on an analysis of current and future store performance , management periodically evaluates the need to close underperforming stores . reserves are established for the present value of any remaining operating lease obligations , net of estimated sublease income , when the company ceases to use the location . if the timing or amount of actual sublease income differs from estimated amounts , this could result in an increase or decrease in the related reserves . self-insurance the company is self-insured for certain losses related to health , workers ' compensation and general liability insurance , although we maintain stop-loss coverage with third party insurers to limit our liability exposure . liabilities associated with these losses are estimated in part by considering

