intific brings us a wide range of expertise including computer simulation , animation , human-machine interaction , robotics , neuroscience , visualization , gaming , and artificial intelligence . intific performs work funded by the defense advanced research projects agency ( darpa ) and other u.s. government agencies ; however , most of intific 's r & d activities are included in cost of sales as they are directly related to contract performance . we selectively pursue the acquisition of businesses that complement our current portfolio and allow access to new customers or technologies . in pursuing our business strategy , we routinely conduct discussions , evaluate targets , and enter into agreements regarding possible acquisitions . as part of our business strategy , we seek to identify acquisition opportunities that will expand or complement our existing products and services , or customer base , at attractive valuations . in fiscal 2015 and 2016 , we acquired dtech , gatr , and teralogics in connection with our strategic efforts to build and expand our command , control , communication , computers , intelligence , surveillance and reconnaissance ( c4isr ) business . in the third quarter of fiscal 2016 we formalized the structure of cubic mission solutions ( cms ) , our business unit which combines and integrates our c4isr and secure communications operations . we have also made a number of niche acquisitions of businesses during the past several years , including , intific , inc. in february 2014 and intelligent transport management solutions limited in november 2013. generally , our business acquisitions are dilutive to earnings in the short-term due to acquisition related costs , integration costs , retention 41 payments and often higher amortization of purchased intangibles in the early periods after acquisition and expenses related to earn-outs . however , we expect that each of these recent acquisitions will be accretive to earnings in the long-term . industry considerations the u.s. government continues to focus on discretionary spending , tax , and other initiatives to control spending and reduce the deficit . the president 's administration and congress will likely continue to debate the size and expected growth of the u.s. federal budget as well as the defense budget over the next few years and balance decisions regarding defense , homeland security , and other federal spending priorities in a constrained fiscal environment imposed by the budget control act ( bca ) and various bipartisan budget acts ( bba ) since 2011. the most recent , agreed to on november 2 , 2015 , bipartisan budget act of 2015 revised discretionary spending limits to avoid sequestration for fiscal year 2016 and fiscal year 2017. the ultimate effects of sequestration and any subsequent bipartisan budget acts beyond 2017 still can not be determined . absent a new bca or bba in 2017 , sequestration still threatens to severely limit discretionary federal funding in 2018. reductions to 2018 and beyond from current budget projections could have an impact on our customers ' procurement of products and services . while these budgetary considerations have put downward pressure on growth in the defense industry and will likely continue to do so , we believe that much of our business is well positioned in areas that the dod has indicated are areas of focus for future defense spending to help the dod meet its critical future capability requirements for protecting u.s. security and the security of our allies in the years to come . in transportation , we continue to believe that our products and services are critical to our customers to ensure that they maximize revenue and efficiencies in a resource constrained environment . some customers have responded to the current market environment by seeking financing for their projects from the system supplier . an example of this is our contract with the chicago transit authority , awarded in late 2011. we have designed and manufactured a new fare collection system for the chicago transit authority and will receive monthly payments for the system over an approximate ten-year period which began on january 1 , 2014. while future defense plans , changes in defense spending levels and changes in spending for mass transit projects could have a materially adverse effect on our consolidated financial position , we have and plan to continue to make strategic investments and acquisitions to align our businesses in growth areas of our respective markets that we believe are the most critical priorities and mission areas for our customers . segment overview cubic transportation systems cts is a systems integrator of payment and information technology and services for intelligent travel solutions . we deliver integrated systems for transportation and traffic management , delivering tools for travelers to choose the smartest and easiest way to travel and pay for their journeys , and enabling transportation authorities and agencies to manage demand across the entire transportation network — all in real time . we offer fare collection and revenue management devices , software , systems and multiagency , multimodal integration technologies , as well as a full suite of operational services that help agencies and operators efficiently collect fares and revenue , manage operations , reduce revenue leakage and make transportation more convenient . through our nextbus and intelligent transport management solutions ( itms ) businesses , respectively , we also deliver real-time passenger information systems for tracking and predicting vehicle arrival times and we are a leading provider of urban and inter-urban intelligent transportation and enforcement solutions and technology and infrastructure maintenance services to the united kingdom and other international city , regional and national road and transportation agencies . through our urban insights business we use big data and predictive analytics technology and a consulting model to help the transportation industry improve operations , reduce costs and better serve travelers . the transportation markets we serve are undergoing a substantial change . story_separator_special_tag for fiscal years 2014 and 2015 , nek was slightly dilutive to our earnings per share after consideration of the amortization of purchased intangibles and acquisition related costs . in 2016 , nek was accretive to earnings . cost reimbursable and time and materials contracts accounted for 48 % of our sales in cgd services for fiscal year 2016 , with the remaining sales derived from fixed-price contracts . revenues under cost reimbursable contracts are recognized as costs are incurred , plus the estimated fee earned under the contract terms . often these are structured as award fees based on performance and are generally accrued during the performance of the contract based on our historical experience with such awards . revenues under time and materials contracts are recognized as services are delivered based on the terms of the contract . revenues under our fixed-price service contracts with the u.s. government are recorded using the cost-to-cost percentage-of-completion method . operating overview cubic corporation sales in 2016 were $ 1.462 billion compared to $ 1.431 billion in 2015 , an increase of 2 % . increases in sales for cts and cgd systems of 3 % and 5 % , respectively , were partially offset by a 3 % decrease in cgd services sales . revenues from businesses we acquired in 2016 and 2015 , all within our cgd systems operating segment , increased our consolidated sales by 3 % from 2015 to 2016 , partially offset by decreased organic sales due primarily to changes in foreign currency exchange rates . the impact of changes in foreign currency exchange rates , particularly the strengthening of the u.s. dollar against the british pound , adversely affected our sales . the average exchange rates between the prevailing currencies in our foreign operations and the u.s. dollar had a negative impact on sales of 2 % , or $ 32.3 million in 2016 compared to 2015. cubic corporation sales in 2015 were $ 1.431 billion compared to $ 1.398 billion in 2014 , an increase of 2 % . increases in sales for cgd systems and cgd services of 15 % and 1 % , respectively , were partially offset by a 5 % decrease in cts 46 sales . revenues from businesses we acquired in 2015 and 2014 increased our consolidated sales by 4 % from 2014 to 2015. the impact of changes in foreign currency exchange rates had a negative impact on sales of 4 % , or $ 52.1 million in 2015 compared to 2014. operating income was $ 7.2 million in 2016 compared to $ 75.4 million in 2015 , a decrease of 90 % . cgd systems had an operating loss of $ 17.1 million in 2016 compared to operating income of $ 18.4 million in 2015 primarily due to the impact of purchase accounting on businesses acquired in this segment during fiscal 2016 , as further described below . businesses we acquired in 2016 and 2015 , which were all in our cgd systems segment , generated operating losses of $ 32.7 million in 2016 compared to operating income of $ 0.9 million in 2015. the vast majority of losses incurred by business acquired in 2016 was due to the impact of business purchase accounting as described in the cgd systems discussion below . cts operating income decreased by 25 % primarily related to lower profits on the transition to our follow-on fare collection contract in london , partially offset by improved profitability on contracts in chicago , sydney , and vancouver . cgd services operating income increased by 70 % in 2016 due to decreased amortization of purchased intangibles and the impact of cost saving efforts . unallocated corporate and other costs were $ 44.4 million in 2016 compared to $ 25.5 million in 2015. the increase in unallocated corporate costs is primarily related to strategic and it system resource planning as part of our one cubic initiative totaling $ 36.8 million in 2016 compared to $ 13.2 million in 2015 , partially offset by a reduction in legal and consulting expenses related to an investigation conducted by the audit committee in 2015 , for which we incurred expenses of $ 3.0 million . the average exchange rates between the prevailing currencies in our foreign operations and the u.s. dollar resulted in a decrease in operating income of $ 4.0 million in 2016 compared to 2015. operating income was $ 75.4 million in 2015 compared to $ 92.5 million in 2014 , a decrease of 18 % . cgd systems operating income decreased by 31 % in 2015 from 2014 primarily due to $ 4.6 million of restructuring charges incurred in fiscal 2015. cgd services operating income decreased by 15 % in 2015 due to continued competitive pressures driving down bid prices . cts operating income increased by 15 % predominantly due to improvements in operating results on service contracts in north america . businesses we acquired in all of our segments in 2015 and 2014 generated operating losses of $ 3.9 million in 2015 compared to $ 8.3 million in 2014. unallocated corporate and other costs for fiscal 2015 were $ 25.5 million in 2015 compared to $ 8.0 million in 2014. the increase in unallocated corporate costs is primarily related to strategic and it system resource planning as part of our one cubic initiative totaling $ 13.2 million , $ 3.0 million of consulting and legal fees related to an investigation conducted by the audit committee of the board of directors and a $ 1.4 million increase in stock-based compensation that was not allocated to segment operations . the average exchange rates between the prevailing currencies in our foreign operations and the u.s. dollar resulted in a decrease in operating income of $ 7.8 million in 2015 compared to 2014. in 2015 we exited our global asset tracking business . this business did not generate any significant revenue in 2015 or 2014 , and had $

liquidity and capital resources our operating cash flows have been the primary source of funding for our operations , and have been a source of funding some of our business acquisitions and all of our capital expenditures . we generated positive operating cash flows in fiscal 2016 , 2015 and 2014. operating activities provided cash of $ 44.6 million , $ 89.7 million and $ 114.8 million in fiscal 2016 , 2015 and 2014 , respectively . as further described below , from 2014 to 2016 our operating cash flows have been significantly impacted by uses of cash related to our investment in a new strategic and it system resource planning system , our recent business acquisitions , and by the payment terms on some of our customer contracts . cash used in connection with the design and development of our new enterprise resource planning system ( erp ) totaled $ 45.2 million in fiscal 2016. certain costs incurred in the development of internal-use software and software applications , including external direct costs of materials and services and applicable compensation costs of employees devoted to specific software development , are capitalized as computer software costs . costs incurred outside of the application development stage , or that do not meet the capitalization requirements , are expensed as incurred . of the $ 45.2 million of cash used in 2016 in these efforts , $ 24.9 million was recognized as expense and is reflected in our 2016 cash flows used in operations , while $ 20.3 million was capitalized and is included in 2016 purchases of property , plant and equipment in investing cash flows . cash used in connection with erp design and development totaled $ 27.5 million in 2015. of this amount , $ 11.5 million was recognized as expense and is reflected in our 2015 cash flows from operations , and $ 16.0 million was capitalized and is included in 2015 purchases of property , plant and equipment in investing cash flows .


 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 operating cash flows have been the primary source of funding for our operations , and have been a source of funding some of our business acquisitions and all of our capital expenditures . we generated positive operating cash flows in fiscal 2016 , 2015 and 2014. operating activities provided cash of $ 44.6 million , $ 89.7 million and $ 114.8 million in fiscal 2016 , 2015 and 2014 , respectively . as further described below , from 2014 to 2016 our operating cash flows have been significantly impacted by uses of cash related to our investment in a new strategic and it system resource planning system , our recent business acquisitions , and by the payment terms on some of our customer contracts . cash used in connection with the design and development of our new enterprise resource planning system ( erp ) totaled $ 45.2 million in fiscal 2016. certain costs incurred in the development of internal-use software and software applications , including external direct costs of materials and services and applicable compensation costs of employees devoted to specific software development , are capitalized as computer software costs . costs incurred outside of the application development stage , or that do not meet the capitalization requirements , are expensed as incurred . of the $ 45.2 million of cash used in 2016 in these efforts , $ 24.9 million was recognized as expense and is reflected in our 2016 cash flows used in operations , while $ 20.3 million was capitalized and is included in 2016 purchases of property , plant and equipment in investing cash flows . cash used in connection with erp design and development totaled $ 27.5 million in 2015. of this amount , $ 11.5 million was recognized as expense and is reflected in our 2015 cash flows from operations , and $ 16.0 million was capitalized and is included in 2015 purchases of property , plant and equipment in investing cash flows .
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 Suspicious Activity Report : intific brings us a wide range of expertise including computer simulation , animation , human-machine interaction , robotics , neuroscience , visualization , gaming , and artificial intelligence . intific performs work funded by the defense advanced research projects agency ( darpa ) and other u.s. government agencies ; however , most of intific 's r & d activities are included in cost of sales as they are directly related to contract performance . we selectively pursue the acquisition of businesses that complement our current portfolio and allow access to new customers or technologies . in pursuing our business strategy , we routinely conduct discussions , evaluate targets , and enter into agreements regarding possible acquisitions . as part of our business strategy , we seek to identify acquisition opportunities that will expand or complement our existing products and services , or customer base , at attractive valuations . in fiscal 2015 and 2016 , we acquired dtech , gatr , and teralogics in connection with our strategic efforts to build and expand our command , control , communication , computers , intelligence , surveillance and reconnaissance ( c4isr ) business . in the third quarter of fiscal 2016 we formalized the structure of cubic mission solutions ( cms ) , our business unit which combines and integrates our c4isr and secure communications operations . we have also made a number of niche acquisitions of businesses during the past several years , including , intific , inc. in february 2014 and intelligent transport management solutions limited in november 2013. generally , our business acquisitions are dilutive to earnings in the short-term due to acquisition related costs , integration costs , retention 41 payments and often higher amortization of purchased intangibles in the early periods after acquisition and expenses related to earn-outs . however , we expect that each of these recent acquisitions will be accretive to earnings in the long-term . industry considerations the u.s. government continues to focus on discretionary spending , tax , and other initiatives to control spending and reduce the deficit . the president 's administration and congress will likely continue to debate the size and expected growth of the u.s. federal budget as well as the defense budget over the next few years and balance decisions regarding defense , homeland security , and other federal spending priorities in a constrained fiscal environment imposed by the budget control act ( bca ) and various bipartisan budget acts ( bba ) since 2011. the most recent , agreed to on november 2 , 2015 , bipartisan budget act of 2015 revised discretionary spending limits to avoid sequestration for fiscal year 2016 and fiscal year 2017. the ultimate effects of sequestration and any subsequent bipartisan budget acts beyond 2017 still can not be determined . absent a new bca or bba in 2017 , sequestration still threatens to severely limit discretionary federal funding in 2018. reductions to 2018 and beyond from current budget projections could have an impact on our customers ' procurement of products and services . while these budgetary considerations have put downward pressure on growth in the defense industry and will likely continue to do so , we believe that much of our business is well positioned in areas that the dod has indicated are areas of focus for future defense spending to help the dod meet its critical future capability requirements for protecting u.s. security and the security of our allies in the years to come . in transportation , we continue to believe that our products and services are critical to our customers to ensure that they maximize revenue and efficiencies in a resource constrained environment . some customers have responded to the current market environment by seeking financing for their projects from the system supplier . an example of this is our contract with the chicago transit authority , awarded in late 2011. we have designed and manufactured a new fare collection system for the chicago transit authority and will receive monthly payments for the system over an approximate ten-year period which began on january 1 , 2014. while future defense plans , changes in defense spending levels and changes in spending for mass transit projects could have a materially adverse effect on our consolidated financial position , we have and plan to continue to make strategic investments and acquisitions to align our businesses in growth areas of our respective markets that we believe are the most critical priorities and mission areas for our customers . segment overview cubic transportation systems cts is a systems integrator of payment and information technology and services for intelligent travel solutions . we deliver integrated systems for transportation and traffic management , delivering tools for travelers to choose the smartest and easiest way to travel and pay for their journeys , and enabling transportation authorities and agencies to manage demand across the entire transportation network — all in real time . we offer fare collection and revenue management devices , software , systems and multiagency , multimodal integration technologies , as well as a full suite of operational services that help agencies and operators efficiently collect fares and revenue , manage operations , reduce revenue leakage and make transportation more convenient . through our nextbus and intelligent transport management solutions ( itms ) businesses , respectively , we also deliver real-time passenger information systems for tracking and predicting vehicle arrival times and we are a leading provider of urban and inter-urban intelligent transportation and enforcement solutions and technology and infrastructure maintenance services to the united kingdom and other international city , regional and national road and transportation agencies . through our urban insights business we use big data and predictive analytics technology and a consulting model to help the transportation industry improve operations , reduce costs and better serve travelers . the transportation markets we serve are undergoing a substantial change . story_separator_special_tag for fiscal years 2014 and 2015 , nek was slightly dilutive to our earnings per share after consideration of the amortization of purchased intangibles and acquisition related costs . in 2016 , nek was accretive to earnings . cost reimbursable and time and materials contracts accounted for 48 % of our sales in cgd services for fiscal year 2016 , with the remaining sales derived from fixed-price contracts . revenues under cost reimbursable contracts are recognized as costs are incurred , plus the estimated fee earned under the contract terms . often these are structured as award fees based on performance and are generally accrued during the performance of the contract based on our historical experience with such awards . revenues under time and materials contracts are recognized as services are delivered based on the terms of the contract . revenues under our fixed-price service contracts with the u.s. government are recorded using the cost-to-cost percentage-of-completion method . operating overview cubic corporation sales in 2016 were $ 1.462 billion compared to $ 1.431 billion in 2015 , an increase of 2 % . increases in sales for cts and cgd systems of 3 % and 5 % , respectively , were partially offset by a 3 % decrease in cgd services sales . revenues from businesses we acquired in 2016 and 2015 , all within our cgd systems operating segment , increased our consolidated sales by 3 % from 2015 to 2016 , partially offset by decreased organic sales due primarily to changes in foreign currency exchange rates . the impact of changes in foreign currency exchange rates , particularly the strengthening of the u.s. dollar against the british pound , adversely affected our sales . the average exchange rates between the prevailing currencies in our foreign operations and the u.s. dollar had a negative impact on sales of 2 % , or $ 32.3 million in 2016 compared to 2015. cubic corporation sales in 2015 were $ 1.431 billion compared to $ 1.398 billion in 2014 , an increase of 2 % . increases in sales for cgd systems and cgd services of 15 % and 1 % , respectively , were partially offset by a 5 % decrease in cts 46 sales . revenues from businesses we acquired in 2015 and 2014 increased our consolidated sales by 4 % from 2014 to 2015. the impact of changes in foreign currency exchange rates had a negative impact on sales of 4 % , or $ 52.1 million in 2015 compared to 2014. operating income was $ 7.2 million in 2016 compared to $ 75.4 million in 2015 , a decrease of 90 % . cgd systems had an operating loss of $ 17.1 million in 2016 compared to operating income of $ 18.4 million in 2015 primarily due to the impact of purchase accounting on businesses acquired in this segment during fiscal 2016 , as further described below . businesses we acquired in 2016 and 2015 , which were all in our cgd systems segment , generated operating losses of $ 32.7 million in 2016 compared to operating income of $ 0.9 million in 2015. the vast majority of losses incurred by business acquired in 2016 was due to the impact of business purchase accounting as described in the cgd systems discussion below . cts operating income decreased by 25 % primarily related to lower profits on the transition to our follow-on fare collection contract in london , partially offset by improved profitability on contracts in chicago , sydney , and vancouver . cgd services operating income increased by 70 % in 2016 due to decreased amortization of purchased intangibles and the impact of cost saving efforts . unallocated corporate and other costs were $ 44.4 million in 2016 compared to $ 25.5 million in 2015. the increase in unallocated corporate costs is primarily related to strategic and it system resource planning as part of our one cubic initiative totaling $ 36.8 million in 2016 compared to $ 13.2 million in 2015 , partially offset by a reduction in legal and consulting expenses related to an investigation conducted by the audit committee in 2015 , for which we incurred expenses of $ 3.0 million . the average exchange rates between the prevailing currencies in our foreign operations and the u.s. dollar resulted in a decrease in operating income of $ 4.0 million in 2016 compared to 2015. operating income was $ 75.4 million in 2015 compared to $ 92.5 million in 2014 , a decrease of 18 % . cgd systems operating income decreased by 31 % in 2015 from 2014 primarily due to $ 4.6 million of restructuring charges incurred in fiscal 2015. cgd services operating income decreased by 15 % in 2015 due to continued competitive pressures driving down bid prices . cts operating income increased by 15 % predominantly due to improvements in operating results on service contracts in north america . businesses we acquired in all of our segments in 2015 and 2014 generated operating losses of $ 3.9 million in 2015 compared to $ 8.3 million in 2014. unallocated corporate and other costs for fiscal 2015 were $ 25.5 million in 2015 compared to $ 8.0 million in 2014. the increase in unallocated corporate costs is primarily related to strategic and it system resource planning as part of our one cubic initiative totaling $ 13.2 million , $ 3.0 million of consulting and legal fees related to an investigation conducted by the audit committee of the board of directors and a $ 1.4 million increase in stock-based compensation that was not allocated to segment operations . the average exchange rates between the prevailing currencies in our foreign operations and the u.s. dollar resulted in a decrease in operating income of $ 7.8 million in 2015 compared to 2014. in 2015 we exited our global asset tracking business . this business did not generate any significant revenue in 2015 or 2014 , and had $

