17 it staffing revenues : it staffing revenues increased $ 37.0 million ( 192.2 % ) from $ 19.3 million in fiscal 2012 to $ 56.3 million fiscal 2013 , mainly due to the addition of the api operations . fiscal 2012 revenues consist of the operations of extrinsic , which was acquired in late 2011. fiscal 2013 consists of operations of both extrinsic and api , which was acquired in late 2012. gross profit : gross profit represents revenues from services less cost of services expenses , which consist of payroll , payroll taxes , payroll-related insurance , subcontractor costs , and reimbursable costs . replace_table_token_6_th replace_table_token_7_th overall , our gross profit has increased $ 13.5 million ( 86.9 % ) from $ 15.6 million in fiscal 2012 to $ 29.1 million in fiscal 2013 , mainly due to the increase in revenues . as a percentage of revenue , gross profit decreased slightly from fiscal 2012 to fiscal 2013 , mainly due to the change in mix between the segments . multifamily , which has the highest gross profit percentages , contributed approximately 37.4 % of the fiscal 2012 gross profit and approximately 27.2 % of the fiscal 2013 gross profit . additionally , light industrial , which has the lowest gross profit percentages , contributed approximately 30.7 % of the fiscal 2012 gross profit and approximately 29.7 % of the fiscal 2013 gross profit . finally , it staffing contributed approximately 31.9 % of the fiscal 2012 gross profit and approximately 43.1 % of the fiscal 2013 gross profit . 18 light industrial gross profit : light industrial gross profit increased $ 3.8 million ( 80.6 % ) from $ 4.8 million in fiscal 2012 to $ 8.6 million in fiscal 2013 , mainly due to the additional volume acquired in the may 2013 acquisition of instaff . as a percentage of revenue , gross profit decreased from 12.2 % fiscal 2012 to 12.0 % in fiscal 2013. the decrease is mainly due to the continually increasing statutory costs related to state unemployment rates and workers compensation costs . multifamily gross profit : multifamily gross profit increased $ 2.1 million ( 35.9 % ) from $ 5.8 million in fiscal 2012 to $ 7.9 million in fiscal 2013 , mainly due to an increase in volume primarily generated by the opening of new branches . as a percentage of revenue , gross profit increased from 31.9 % in fiscal 2012 to 33.2 % in fiscal 2013 , mainly due to different pricing requirements in our expansion markets . it staffing gross profit : it staffing gross profit increased $ 7.5 million ( 152.7 % ) from $ 5.0 million in fiscal 2012 to $ 12.5 million in fiscal 2013. as a percentage of revenue , gross profit decreased from 25.7 % fiscal 2012 to 22.3 % fiscal 2013 , mainly due to the addition of api in december 2012 , which operates at a lower profit margin than extrinsic . selling , general and administrative expenses : selling , general and administrative expenses increased $ 8.7 million ( 81.7 % ) to $ 19.3 million fiscal 2013 from $ 10.6 million in fiscal 2012 , primarily due to approximately $ 4.7 million of additional expenses incurred related to the expenses attributable to api , which was acquired in december 2012 , and instaff , which was acquired in may 2013 , as well as approximately $ 0.6 million of additional expenses related to the new branches in the multifamily segment opened after the first quarter of fiscal 2012. depreciation and amortization : depreciation and amortization charges increased $ 0.4 million ( 9.5 % ) to $ 4.9 million in fiscal 2013 , compared to $ 4.5 million during fiscal 2012. the increase in depreciation and amortization is primarily due to the amortization of intangible assets acquired in the acquisition of api in december 2012 , and instaff in may 2013. interest expense , net : interest expense , net was $ 4.1 million in fiscal 2013 compared to $ 2.2 million in fiscal 2012 , an increase of $ 1.9 million , which relates to the senior credit facility and to the new $ 6 million of subordinated loans issued in conjunction with the acquisition of instaff on may 28 , 2013. while the average debt balance has increased from 2012 to 2013 , the interest rates decreased due to the amending of the senior credit facility agreement in december 2012. income taxes : we had income tax benefit of $ 7.5 million in fiscal 2013 , compared to income tax expense of $ 0.03 million in fiscal 2012. prior to our reorganization into a delaware corporation , which occurred on november 3 , 2013 , we were treated as a partnership for federal income tax purposes except for two subsidiaries , which were and are taxed as c corporations . consequently , federal and state income taxes were not payable , or provided for , except for those subsidiaries that are taxed as c corporations . accordingly , the financial statements reflect the impact of income taxes for only the taxable subsidiaries . members are taxed individually on their share of our pre-reorganization earnings not earned in the c corporations . we converted to a c corporation on november 3 , 2013 . 19 fifty-three week fiscal year ended december 30 , 2012 ( fiscal 2012 ) compared to fifty-two week fiscal year ended december 25 , 2011 ( fiscal 2011 ) revenues : replace_table_token_8_th light industrial revenues : light industrial revenues increased $ 5.2 million ( 15.2 % ) from $ 34.1 million in fiscal 2011 to $ 39.3 million in fiscal 2012 , mainly due to increased volume , as bill rates and pay rates have remained consistent between years . story_separator_special_tag for the purposes of this table , we have estimated interest expense to be paid during the remaining term of our revolving credit facility using the outstanding balance and interest rate as of december 29 , 2013. our actual cash payments for interest on the senior credit facility will fluctuate as the outstanding balance changes with our cash needs and the libor rate fluctuates . for a more detailed description of the interest requirement for our long-term debt under our senior credit facility and subordinated loans , see note10 to our audited consolidated financial statements included in this annual report . a one percentage point increase in our interest rate would cause an increase to interest expense of approximately $ 0.6 million for each of the “ less than 1 year ” , the “ 1 - 3 years ” and the “ 3-5 years ” periods . ( 3 ) represents the minimum lease payments due under our operating leases , excluding maintenance , insurance and taxes related to our operating lease obligation . for a more detailed description of our operating leases , see note 12 to our audited consolidated financial statements found elsewhere in this annual report . off-balance sheet arrangements we are not party to any off-balance sheet arrangements . critical accounting policies and estimates our accounting policies are described in note 2 to our audited consolidated financial statements . the preparation of our financial statements in conformity with generally accepted accounting principles requires us to make estimates , assumptions and judgments that affect amounts of assets and liabilities reported in the consolidated financial statements , the disclosure of contingent assets and liabilities as of the date of the financial statements and reported amounts of revenues and expenses during the year . we believe our estimates and assumptions are reasonable ; however , future results could differ from those estimates . critical accounting policies reflect material judgment and uncertainty and may result in materially different results using different assumptions or conditions . 26 management believes that the following accounting policies are the most critical to aid in fully understanding and evaluating our reported financial results and the uncertainties that could impact our results of operations , financial condition and cash flows . revenue recognition we provide temporary staffing solutions . we enter into agreements with our clients that outline the general terms and conditions of the staffing arrangement . revenue is recognized as services are performed and associated costs have been incurred . revenues include reimbursements of travel and out-of-pocket expenses with the equivalent amounts of expense recorded in cost of services . we consider revenue to be earned once evidence of an arrangement has been obtained , services are delivered , fees are fixed or determinable , and collectibility is reasonably assured . allowance for doubtful accounts we establish an allowance for doubtful accounts for estimated losses resulting from the failure of our customers to make required payments . the allowance for doubtful accounts is determined based on management 's judgments and assumptions , including general economic conditions , portfolio composition , prior loss experience , and expectations of future write-offs . the allowance for doubtful accounts is reviewed quarterly and past due balances are written off after they are deemed to be uncollectible after all means of collection have been exhausted . if the financial condition of our customers were to deteriorate , resulting in an impairment of their ability to make payments , additional allowances may be required . goodwill and intangible assets goodwill is not amortized , but instead is measured at the reporting unit level for impairment annually at the end of each fiscal year , or more frequently if conditions indicate an earlier review is necessary . if we have determined that it is more likely than not that the fair value for one or more reporting units is greater than their carrying value , we may use a qualitative assessment for the annual impairment test . in conducting the qualitative assessment , we assess the totality of relevant events and circumstances that affect the fair value or carrying value of the reporting unit . such events and circumstances may include macroeconomic conditions , industry and competitive environment conditions , overall financial performance , reporting unit specific events and market considerations . we may also consider recent valuations of the reporting unit , including the magnitude of the difference between the most recent fair value estimate and the carrying value , as well as both positive and adverse events and circumstances , and the extent to which each of the events and circumstances identified may affect the comparison of a reporting unit 's fair value with its carrying value . for reporting units where the qualitative assessment is not used , goodwill is tested for impairment using a two-step process . in the first step , the estimated fair value of a reporting unit is compared to its carrying value . the fair value of the reporting unit is determined based on discounted cash flow projections . if the estimated fair value of a reporting unit exceeds the carrying value of the net assets assigned to a reporting unit , goodwill is not considered impaired and no further testing is required . if the carrying value of the net assets assigned to a reporting unit exceeds the estimated fair value of a reporting unit , a second step of the impairment test is performed in order to determine the implied fair value of a reporting unit 's goodwill . if the carrying value of a reporting unit 's goodwill exceeds its implied fair value , goodwill is deemed impaired and is written down to its implied fair value . based on our annual testing , we have determined that there was no goodwill impairment in fiscal 2013 , fiscal 2012 or fiscal 2011. as of december 29 , 2013 , we have allocated $ 4.5 million , $ 1.1 million

liquidity and capital resources our primary sources of liquidity are cash generated from operations and borrowings under our senior credit facility . our primary uses of cash are payroll , subcontractor costs , operating expenses , capital expenditures and debt service . we believe that the cash generated from operations , together with the borrowing availability under our senior credit facility , will be sufficient to meet our normal working capital needs for at least the next twelve months , including investments made , and expenses incurred , in connection with opening new branches throughout the next year . our ability to continue to fund these items may be affected by general economic , competitive and other factors , many of which are outside of our control . if our future cash flow from operations and other capital resources are insufficient to fund our liquidity needs , we may be forced to obtain additional debt or equity capital or refinance all or a portion of our debt . at december 29 , 2013 , we had approximately $ 4.0 million in borrowing availability pursuant to our senior credit facility , and we are in compliance with all debt covenants . while we believe we have sufficient liquidity and capital resources to meet our current operating requirements and expansion plans , we may elect to pursue additional growth opportunities within the next year that could require additional debt or equity financing . if we are unable to secure additional financing at favorable terms in order to pursue such additional growth opportunities , our ability to pursue such opportunities could be materially adversely affected .


 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 our primary sources of liquidity are cash generated from operations and borrowings under our senior credit facility . our primary uses of cash are payroll , subcontractor costs , operating expenses , capital expenditures and debt service . we believe that the cash generated from operations , together with the borrowing availability under our senior credit facility , will be sufficient to meet our normal working capital needs for at least the next twelve months , including investments made , and expenses incurred , in connection with opening new branches throughout the next year . our ability to continue to fund these items may be affected by general economic , competitive and other factors , many of which are outside of our control . if our future cash flow from operations and other capital resources are insufficient to fund our liquidity needs , we may be forced to obtain additional debt or equity capital or refinance all or a portion of our debt . at december 29 , 2013 , we had approximately $ 4.0 million in borrowing availability pursuant to our senior credit facility , and we are in compliance with all debt covenants . while we believe we have sufficient liquidity and capital resources to meet our current operating requirements and expansion plans , we may elect to pursue additional growth opportunities within the next year that could require additional debt or equity financing . if we are unable to secure additional financing at favorable terms in order to pursue such additional growth opportunities , our ability to pursue such opportunities could be materially adversely affected .
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 Suspicious Activity Report : 17 it staffing revenues : it staffing revenues increased $ 37.0 million ( 192.2 % ) from $ 19.3 million in fiscal 2012 to $ 56.3 million fiscal 2013 , mainly due to the addition of the api operations . fiscal 2012 revenues consist of the operations of extrinsic , which was acquired in late 2011. fiscal 2013 consists of operations of both extrinsic and api , which was acquired in late 2012. gross profit : gross profit represents revenues from services less cost of services expenses , which consist of payroll , payroll taxes , payroll-related insurance , subcontractor costs , and reimbursable costs . replace_table_token_6_th replace_table_token_7_th overall , our gross profit has increased $ 13.5 million ( 86.9 % ) from $ 15.6 million in fiscal 2012 to $ 29.1 million in fiscal 2013 , mainly due to the increase in revenues . as a percentage of revenue , gross profit decreased slightly from fiscal 2012 to fiscal 2013 , mainly due to the change in mix between the segments . multifamily , which has the highest gross profit percentages , contributed approximately 37.4 % of the fiscal 2012 gross profit and approximately 27.2 % of the fiscal 2013 gross profit . additionally , light industrial , which has the lowest gross profit percentages , contributed approximately 30.7 % of the fiscal 2012 gross profit and approximately 29.7 % of the fiscal 2013 gross profit . finally , it staffing contributed approximately 31.9 % of the fiscal 2012 gross profit and approximately 43.1 % of the fiscal 2013 gross profit . 18 light industrial gross profit : light industrial gross profit increased $ 3.8 million ( 80.6 % ) from $ 4.8 million in fiscal 2012 to $ 8.6 million in fiscal 2013 , mainly due to the additional volume acquired in the may 2013 acquisition of instaff . as a percentage of revenue , gross profit decreased from 12.2 % fiscal 2012 to 12.0 % in fiscal 2013. the decrease is mainly due to the continually increasing statutory costs related to state unemployment rates and workers compensation costs . multifamily gross profit : multifamily gross profit increased $ 2.1 million ( 35.9 % ) from $ 5.8 million in fiscal 2012 to $ 7.9 million in fiscal 2013 , mainly due to an increase in volume primarily generated by the opening of new branches . as a percentage of revenue , gross profit increased from 31.9 % in fiscal 2012 to 33.2 % in fiscal 2013 , mainly due to different pricing requirements in our expansion markets . it staffing gross profit : it staffing gross profit increased $ 7.5 million ( 152.7 % ) from $ 5.0 million in fiscal 2012 to $ 12.5 million in fiscal 2013. as a percentage of revenue , gross profit decreased from 25.7 % fiscal 2012 to 22.3 % fiscal 2013 , mainly due to the addition of api in december 2012 , which operates at a lower profit margin than extrinsic . selling , general and administrative expenses : selling , general and administrative expenses increased $ 8.7 million ( 81.7 % ) to $ 19.3 million fiscal 2013 from $ 10.6 million in fiscal 2012 , primarily due to approximately $ 4.7 million of additional expenses incurred related to the expenses attributable to api , which was acquired in december 2012 , and instaff , which was acquired in may 2013 , as well as approximately $ 0.6 million of additional expenses related to the new branches in the multifamily segment opened after the first quarter of fiscal 2012. depreciation and amortization : depreciation and amortization charges increased $ 0.4 million ( 9.5 % ) to $ 4.9 million in fiscal 2013 , compared to $ 4.5 million during fiscal 2012. the increase in depreciation and amortization is primarily due to the amortization of intangible assets acquired in the acquisition of api in december 2012 , and instaff in may 2013. interest expense , net : interest expense , net was $ 4.1 million in fiscal 2013 compared to $ 2.2 million in fiscal 2012 , an increase of $ 1.9 million , which relates to the senior credit facility and to the new $ 6 million of subordinated loans issued in conjunction with the acquisition of instaff on may 28 , 2013. while the average debt balance has increased from 2012 to 2013 , the interest rates decreased due to the amending of the senior credit facility agreement in december 2012. income taxes : we had income tax benefit of $ 7.5 million in fiscal 2013 , compared to income tax expense of $ 0.03 million in fiscal 2012. prior to our reorganization into a delaware corporation , which occurred on november 3 , 2013 , we were treated as a partnership for federal income tax purposes except for two subsidiaries , which were and are taxed as c corporations . consequently , federal and state income taxes were not payable , or provided for , except for those subsidiaries that are taxed as c corporations . accordingly , the financial statements reflect the impact of income taxes for only the taxable subsidiaries . members are taxed individually on their share of our pre-reorganization earnings not earned in the c corporations . we converted to a c corporation on november 3 , 2013 . 19 fifty-three week fiscal year ended december 30 , 2012 ( fiscal 2012 ) compared to fifty-two week fiscal year ended december 25 , 2011 ( fiscal 2011 ) revenues : replace_table_token_8_th light industrial revenues : light industrial revenues increased $ 5.2 million ( 15.2 % ) from $ 34.1 million in fiscal 2011 to $ 39.3 million in fiscal 2012 , mainly due to increased volume , as bill rates and pay rates have remained consistent between years . story_separator_special_tag for the purposes of this table , we have estimated interest expense to be paid during the remaining term of our revolving credit facility using the outstanding balance and interest rate as of december 29 , 2013. our actual cash payments for interest on the senior credit facility will fluctuate as the outstanding balance changes with our cash needs and the libor rate fluctuates . for a more detailed description of the interest requirement for our long-term debt under our senior credit facility and subordinated loans , see note10 to our audited consolidated financial statements included in this annual report . a one percentage point increase in our interest rate would cause an increase to interest expense of approximately $ 0.6 million for each of the “ less than 1 year ” , the “ 1 - 3 years ” and the “ 3-5 years ” periods . ( 3 ) represents the minimum lease payments due under our operating leases , excluding maintenance , insurance and taxes related to our operating lease obligation . for a more detailed description of our operating leases , see note 12 to our audited consolidated financial statements found elsewhere in this annual report . off-balance sheet arrangements we are not party to any off-balance sheet arrangements . critical accounting policies and estimates our accounting policies are described in note 2 to our audited consolidated financial statements . the preparation of our financial statements in conformity with generally accepted accounting principles requires us to make estimates , assumptions and judgments that affect amounts of assets and liabilities reported in the consolidated financial statements , the disclosure of contingent assets and liabilities as of the date of the financial statements and reported amounts of revenues and expenses during the year . we believe our estimates and assumptions are reasonable ; however , future results could differ from those estimates . critical accounting policies reflect material judgment and uncertainty and may result in materially different results using different assumptions or conditions . 26 management believes that the following accounting policies are the most critical to aid in fully understanding and evaluating our reported financial results and the uncertainties that could impact our results of operations , financial condition and cash flows . revenue recognition we provide temporary staffing solutions . we enter into agreements with our clients that outline the general terms and conditions of the staffing arrangement . revenue is recognized as services are performed and associated costs have been incurred . revenues include reimbursements of travel and out-of-pocket expenses with the equivalent amounts of expense recorded in cost of services . we consider revenue to be earned once evidence of an arrangement has been obtained , services are delivered , fees are fixed or determinable , and collectibility is reasonably assured . allowance for doubtful accounts we establish an allowance for doubtful accounts for estimated losses resulting from the failure of our customers to make required payments . the allowance for doubtful accounts is determined based on management 's judgments and assumptions , including general economic conditions , portfolio composition , prior loss experience , and expectations of future write-offs . the allowance for doubtful accounts is reviewed quarterly and past due balances are written off after they are deemed to be uncollectible after all means of collection have been exhausted . if the financial condition of our customers were to deteriorate , resulting in an impairment of their ability to make payments , additional allowances may be required . goodwill and intangible assets goodwill is not amortized , but instead is measured at the reporting unit level for impairment annually at the end of each fiscal year , or more frequently if conditions indicate an earlier review is necessary . if we have determined that it is more likely than not that the fair value for one or more reporting units is greater than their carrying value , we may use a qualitative assessment for the annual impairment test . in conducting the qualitative assessment , we assess the totality of relevant events and circumstances that affect the fair value or carrying value of the reporting unit . such events and circumstances may include macroeconomic conditions , industry and competitive environment conditions , overall financial performance , reporting unit specific events and market considerations . we may also consider recent valuations of the reporting unit , including the magnitude of the difference between the most recent fair value estimate and the carrying value , as well as both positive and adverse events and circumstances , and the extent to which each of the events and circumstances identified may affect the comparison of a reporting unit 's fair value with its carrying value . for reporting units where the qualitative assessment is not used , goodwill is tested for impairment using a two-step process . in the first step , the estimated fair value of a reporting unit is compared to its carrying value . the fair value of the reporting unit is determined based on discounted cash flow projections . if the estimated fair value of a reporting unit exceeds the carrying value of the net assets assigned to a reporting unit , goodwill is not considered impaired and no further testing is required . if the carrying value of the net assets assigned to a reporting unit exceeds the estimated fair value of a reporting unit , a second step of the impairment test is performed in order to determine the implied fair value of a reporting unit 's goodwill . if the carrying value of a reporting unit 's goodwill exceeds its implied fair value , goodwill is deemed impaired and is written down to its implied fair value . based on our annual testing , we have determined that there was no goodwill impairment in fiscal 2013 , fiscal 2012 or fiscal 2011. as of december 29 , 2013 , we have allocated $ 4.5 million , $ 1.1 million

