effects of covid-19 in december 2019 , a novel coronavirus disease , or covid-19 , was reported and in january 2020 , the world health organization , or who , declared it a public health emergency of international concern . on february 28 , 2020 , the who raised its assessment of the covid-19 threat from high to very high at a global level due to the continued increase in the number of cases and affected countries , and on march 11 , 2020 , the who characterized covid-19 as a pandemic . on march 27 , 2020 , the coronavirus aid , relief , and economic security ( “ cares ” ) act was signed into law . the cares act provided a substantial stimulus and assistance package intended to address the effect of the covid-19 pandemic , including tax relief and government loans , grants and investments . additionally , various federal , state and local government-imposed movement restrictions and initiatives have been implemented to reduce the global transmission of covid-19 , including reduced or eliminated food services , the closure of retailing establishments , the promotion of social distancing and the adoption of remote working policies . during the third quarter of 2020 , we actively engaged with the various elements of our value chain , including our customers , contract manufacturers , and logistics and transportation providers , to meet demand for our products and to remain informed of any challenges within our value chain . given the unpredictable nature of the covid-19 pandemic and the initial surge in consumption , we increased finished goods inventory of some of our key products . based on information available to us as of the end of our fiscal year , we believe we will be able to deliver our products to meet customer orders on a timely basis , and therefore , we expect our products will continue to be available for purchase 33 to meet consumer meal replacement and snacking needs for the foreseeable future . we continue to monitor customer and consumer demand , and intend to adapt our plans as needed to continue to drive our business and meet our obligations during the evolving covid-19 situation . additionally , in march 2020 , we borrowed $ 25.0 million under our $ 75.0 million revolving credit facility , as a precautionary measure to ensure ample financial flexibility in light of the spread of covid-19 and the initial surge in demand . the company used the proceeds of the revolving credit facility to meet initial elevated customer orders , build finished goods inventory of some of our high velocity items , to support working capital and to support general corporate purposes . based on that assessment of our sources of liquidity and capital , which included strong realized cash flow from operations and no material collectability concerns regarding our customers ' ability to pay , the $ 25.0 million borrowing under the revolving credit facility was fully repaid in june 2020. we implemented remote work arrangements and restricted business travel in mid-march , and to date , these arrangements have not materially affected our ability to maintain our business operations , including the operation of financial reporting systems , internal control over financial reporting , and disclosure controls and procedures . we believe our lean infrastructure , which allows for significant flexibility , speed-to-market and minimal capital investment , has enabled us to adjust our expenditures to maintain cash flow until the more fulsome reopening of the u.s. economy and the associated return of shopping behavior to more normal patterns and our brand benefits of active nutrition and weight management drive more better-for-you snacking and meal replacement usage occasions . our consolidated results of operations for the full fiscal year ended august 29 , 2020 were affected by changes in consumer shopping and consumption behavior due to covid-19 . after the brief pantry loading period in mid-march 2020 , the nutritional snacking category saw a marked decrease in shopping trips ( particularly in the mass channel ) and fewer usage occasions . this affected our portable and convenient on-the-go products , especially the nutrition and protein bar portion of our business for both our atkins and quest brands . as home confinement restrictions began to ease , shopping trips steadily improved from their lowest point and consumer interest in weight management and active nutrition began to improve . during the fourth fiscal quarter of 2020 , the improvement in category trends plateaued . while our quest brand has outperformed its portion of the nutritious snaking segment , the performance of our atkins brand , which is part of the weight management portion of the market , has remained slower due to the temporary softer interest in weight management for consumers , fewer on-the-go usage occasions and weakness in the mass channel that has experienced reduced shopper traffic during the pandemic . based on the duration and severity of economic effects from the covid-19 pandemic , including but not limited to stock market volatility , the potential for ( i ) continued increased rates of reported cases of covid-19 , ( ii ) unexpected supply chain disruptions , ( iii ) changes to customer operations , ( iv ) continued or additional changes in consumer purchasing and consumption behavior beyond those evidenced to date , and ( v ) the closure of customer establishments , we remain uncertain of the ultimate effect covid-19 could have on our business . we also believe the covid-19 uncertainty will continue during our 2021 fiscal year . please also see the information under item 1a . “ risk factors ” for additional information regarding the risks of pandemics , such as covid-19 . restructuring and related charges in may 2020 , we announced certain restructuring activities in conjunction with the implementation of our future-state organization design , which creates a fully integrated organization with our completed acquisition of quest . story_separator_special_tag business transaction costs increase d $ 4.8 million for the fifty-three week period ended august 31 , 2019 compared to the fifty-two week period ended august 25 , 2018 . the increase was primarily due to the acquisition of quest , which was pending at the end of the fifty-three week period ended august 31 , 2019 . the $ 2.3 million recorded in the fifty-two week period ended august 25 , 2018 was comprised of expenses related to business development activities . loss ( gain ) in fair value change of contingent consideration - tra liability . the fifty-three week period ended august 31 , 2019 included a loss in fair value change of contingent consideration of $ 0.5 million . the $ 2.8 million gain in the fifty-two week period ended august 25 , 2018 reflected the effect of the change in tax law in the prior year . interest income . interest income increased $ 3.8 million for the fifty-three week period ended august 31 , 2019 compared to the fifty-two week period ended august 25 , 2018 due to our increased cash balance resulting from warrant exercises during the fifty-three week period ended august 31 , 2019 and an increase in market interest rates . interest expense . interest expense for the fifty-three week period ended august 31 , 2019 was $ 13.6 million compared to $ 12.6 million for the fifty-two week period ended august 25 , 2018 , and the increase was due to the changes in market interest rates . ( loss ) gain on foreign currency transactions . a loss of $ 0.5 million in foreign currency transactions was recorded for the fifty-two week period ended august 25 , 2018 compared to a foreign currency gain of $ 0.1 million for the fifty-two week period ended august 25 , 2018 . the change relates to changes in foreign currency rates related to international operations . income tax expense ( benefit ) . income tax expense for the fifty-three week period ended august 31 , 2019 was $ 16.8 million compared to income tax benefit of $ 17.4 million for the fifty-two week period ended august 25 , 2018 . the increase in our income tax expense is primarily attributed to the one-time benefit of $ 29.0 million related to the tax law change and remeasurement of deferred tax liabilities recorded in the fifty-two week period ended august 25 , 2018 , which did not apply for the fifty-three week period ended august 31 , 2019 . net income . net income was $ 47.5 million for the fifty-three week period ended august 31 , 2019 , a decrease of $ 22.9 million , or 32.5 % , compared to net income of $ 70.5 million for the fifty-two week period ended august 25 , 2018 . adjusted ebitda . adjusted ebitda for the fifty-three week period ended august 31 , 2019 was $ 98.7 million compared to $ 78.6 million for the fifty-two week period ended august 25 , 2018 . for a reconciliation of adjusted ebitda to its most directly comparable gaap measure , see “ reconciliation of adjusted ebitda ” below . reconciliation of adjusted ebitda adjusted ebitda . adjusted ebitda is a non-gaap financial measure commonly used in our industry and should not be construed as an alternative to net income as an indicator of operating performance or as an alternative to cash flow provided by operating activities as a measure of liquidity ( each as determined in accordance with gaap ) . simply good foods defines adjusted ebitda ( earnings before interest , tax , depreciation , and amortization ) as net income before interest income , interest expense , income tax expense , depreciation and amortization with further adjustments to exclude the following items : business transaction costs , stock-based compensation expense , inventory step-up , integration costs , restructuring costs , non-core legal costs , loss in fair value change of contingent consideration - tra liability , gain on settlement of tra liability and other non-core expenses . the company believes that the inclusion of these supplementary adjustments in presenting adjusted ebitda , when used in conjunction with net income , are appropriate to provide additional information to investors , and management of the company uses adjusted ebitda to supplement net income because it reflects more accurately operating results of the 39 on-going operations , enhances the overall understanding of past financial performance and future prospects and allows for greater transparency with respect to the key metrics the company uses in its financial and operational decision making . the company also believes that adjusted ebitda is frequently used by securities analysts , investors and other interested parties in the evaluation of companies in its industry . adjusted ebitda may not be comparable to other similarly titled captions of other companies due to differences in the non-gaap calculation . the following unaudited tables below provide a reconciliation of adjusted ebitda to its most directly comparable gaap measure , which is net income , for the fifty-two week period ended august 29 , 2020 , the fifty-three week period ended august 31 , 2019 , and the fifty-two week period ended august 25 , 2018 : replace_table_token_5_th ( 1 ) other items consist principally of exchange impact of foreign currency transactions , frozen licensing media and other expenses . reconciliation of adjusted diluted earnings per share adjusted diluted earnings per share . adjusted diluted earnings per share is a non-gaap financial measure commonly used in our industry and should not be construed as an alternative to diluted earnings per share as an indicator of operating performance . simply good foods defines adjusted diluted earnings per share as diluted earnings per share before depreciation and amortization , business transaction costs , stock-based compensation expense , inventory step-up , integration costs , restructuring costs , non-core legal costs , change in fair value of contingent consideration - tra liability ,

. cash sources of funding included $ 195.3 million of cash on hand , net proceeds of approximately $ 350.0 million from an underwritten public offering of common stock , and $ 443.6 million in new term loan debt . in the third fiscal quarter of 2020 , we received a post-closing release from escrow of approximately $ 2.1 million related to net working capital adjustments , resulting in a total net consideration paid of $ 986.8 million as of august 29 , 2020 . business transaction costs within the consolidated statements of operations and comprehensive income for fifty-two week period ended august 29 , 2020 was $ 27.1 million , which included $ 14.5 million of transaction advisory fees related to the acquisition of quest , $ 3.2 million of banker commitment fees , $ 6.1 million of non-deferrable debt issuance costs related to the incremental term loan , and $ 3.3 million of other costs , including legal , due diligence , and accounting fees . equity warrants from august 26 , 2018 through october 5 , 2018 , public warrants to purchase an aggregate of 9,866,451 shares of common stock were exercised for cash at an exercise price of $ 11.50 per share , resulting in aggregate gross proceeds of $ 113.5 million . 42 on october 4 , 2018 , we delivered a notice for the redemption ( the “ redemption notice ” ) of all of our public warrants that remained unexercised immediately after november 5 , 2018. exercises of public warrants following the redemption notice were required to be done on a cashless basis . accordingly , holders were no longer permitted to exercise public warrants in exchange for payment in cash of $ 11.50 per share . instead , a holder exercising a public warrant was deemed to have paid the $ 11.50 per share exercise price by the surrender of 0.61885 of a share of common stock that the holder would have been entitled to receive upon a cash exercise of each public warrant .


 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 sources of funding included $ 195.3 million of cash on hand , net proceeds of approximately $ 350.0 million from an underwritten public offering of common stock , and $ 443.6 million in new term loan debt . in the third fiscal quarter of 2020 , we received a post-closing release from escrow of approximately $ 2.1 million related to net working capital adjustments , resulting in a total net consideration paid of $ 986.8 million as of august 29 , 2020 . business transaction costs within the consolidated statements of operations and comprehensive income for fifty-two week period ended august 29 , 2020 was $ 27.1 million , which included $ 14.5 million of transaction advisory fees related to the acquisition of quest , $ 3.2 million of banker commitment fees , $ 6.1 million of non-deferrable debt issuance costs related to the incremental term loan , and $ 3.3 million of other costs , including legal , due diligence , and accounting fees . equity warrants from august 26 , 2018 through october 5 , 2018 , public warrants to purchase an aggregate of 9,866,451 shares of common stock were exercised for cash at an exercise price of $ 11.50 per share , resulting in aggregate gross proceeds of $ 113.5 million . 42 on october 4 , 2018 , we delivered a notice for the redemption ( the “ redemption notice ” ) of all of our public warrants that remained unexercised immediately after november 5 , 2018. exercises of public warrants following the redemption notice were required to be done on a cashless basis . accordingly , holders were no longer permitted to exercise public warrants in exchange for payment in cash of $ 11.50 per share . instead , a holder exercising a public warrant was deemed to have paid the $ 11.50 per share exercise price by the surrender of 0.61885 of a share of common stock that the holder would have been entitled to receive upon a cash exercise of each public warrant .
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 Suspicious Activity Report : effects of covid-19 in december 2019 , a novel coronavirus disease , or covid-19 , was reported and in january 2020 , the world health organization , or who , declared it a public health emergency of international concern . on february 28 , 2020 , the who raised its assessment of the covid-19 threat from high to very high at a global level due to the continued increase in the number of cases and affected countries , and on march 11 , 2020 , the who characterized covid-19 as a pandemic . on march 27 , 2020 , the coronavirus aid , relief , and economic security ( “ cares ” ) act was signed into law . the cares act provided a substantial stimulus and assistance package intended to address the effect of the covid-19 pandemic , including tax relief and government loans , grants and investments . additionally , various federal , state and local government-imposed movement restrictions and initiatives have been implemented to reduce the global transmission of covid-19 , including reduced or eliminated food services , the closure of retailing establishments , the promotion of social distancing and the adoption of remote working policies . during the third quarter of 2020 , we actively engaged with the various elements of our value chain , including our customers , contract manufacturers , and logistics and transportation providers , to meet demand for our products and to remain informed of any challenges within our value chain . given the unpredictable nature of the covid-19 pandemic and the initial surge in consumption , we increased finished goods inventory of some of our key products . based on information available to us as of the end of our fiscal year , we believe we will be able to deliver our products to meet customer orders on a timely basis , and therefore , we expect our products will continue to be available for purchase 33 to meet consumer meal replacement and snacking needs for the foreseeable future . we continue to monitor customer and consumer demand , and intend to adapt our plans as needed to continue to drive our business and meet our obligations during the evolving covid-19 situation . additionally , in march 2020 , we borrowed $ 25.0 million under our $ 75.0 million revolving credit facility , as a precautionary measure to ensure ample financial flexibility in light of the spread of covid-19 and the initial surge in demand . the company used the proceeds of the revolving credit facility to meet initial elevated customer orders , build finished goods inventory of some of our high velocity items , to support working capital and to support general corporate purposes . based on that assessment of our sources of liquidity and capital , which included strong realized cash flow from operations and no material collectability concerns regarding our customers ' ability to pay , the $ 25.0 million borrowing under the revolving credit facility was fully repaid in june 2020. we implemented remote work arrangements and restricted business travel in mid-march , and to date , these arrangements have not materially affected our ability to maintain our business operations , including the operation of financial reporting systems , internal control over financial reporting , and disclosure controls and procedures . we believe our lean infrastructure , which allows for significant flexibility , speed-to-market and minimal capital investment , has enabled us to adjust our expenditures to maintain cash flow until the more fulsome reopening of the u.s. economy and the associated return of shopping behavior to more normal patterns and our brand benefits of active nutrition and weight management drive more better-for-you snacking and meal replacement usage occasions . our consolidated results of operations for the full fiscal year ended august 29 , 2020 were affected by changes in consumer shopping and consumption behavior due to covid-19 . after the brief pantry loading period in mid-march 2020 , the nutritional snacking category saw a marked decrease in shopping trips ( particularly in the mass channel ) and fewer usage occasions . this affected our portable and convenient on-the-go products , especially the nutrition and protein bar portion of our business for both our atkins and quest brands . as home confinement restrictions began to ease , shopping trips steadily improved from their lowest point and consumer interest in weight management and active nutrition began to improve . during the fourth fiscal quarter of 2020 , the improvement in category trends plateaued . while our quest brand has outperformed its portion of the nutritious snaking segment , the performance of our atkins brand , which is part of the weight management portion of the market , has remained slower due to the temporary softer interest in weight management for consumers , fewer on-the-go usage occasions and weakness in the mass channel that has experienced reduced shopper traffic during the pandemic . based on the duration and severity of economic effects from the covid-19 pandemic , including but not limited to stock market volatility , the potential for ( i ) continued increased rates of reported cases of covid-19 , ( ii ) unexpected supply chain disruptions , ( iii ) changes to customer operations , ( iv ) continued or additional changes in consumer purchasing and consumption behavior beyond those evidenced to date , and ( v ) the closure of customer establishments , we remain uncertain of the ultimate effect covid-19 could have on our business . we also believe the covid-19 uncertainty will continue during our 2021 fiscal year . please also see the information under item 1a . “ risk factors ” for additional information regarding the risks of pandemics , such as covid-19 . restructuring and related charges in may 2020 , we announced certain restructuring activities in conjunction with the implementation of our future-state organization design , which creates a fully integrated organization with our completed acquisition of quest . story_separator_special_tag business transaction costs increase d $ 4.8 million for the fifty-three week period ended august 31 , 2019 compared to the fifty-two week period ended august 25 , 2018 . the increase was primarily due to the acquisition of quest , which was pending at the end of the fifty-three week period ended august 31 , 2019 . the $ 2.3 million recorded in the fifty-two week period ended august 25 , 2018 was comprised of expenses related to business development activities . loss ( gain ) in fair value change of contingent consideration - tra liability . the fifty-three week period ended august 31 , 2019 included a loss in fair value change of contingent consideration of $ 0.5 million . the $ 2.8 million gain in the fifty-two week period ended august 25 , 2018 reflected the effect of the change in tax law in the prior year . interest income . interest income increased $ 3.8 million for the fifty-three week period ended august 31 , 2019 compared to the fifty-two week period ended august 25 , 2018 due to our increased cash balance resulting from warrant exercises during the fifty-three week period ended august 31 , 2019 and an increase in market interest rates . interest expense . interest expense for the fifty-three week period ended august 31 , 2019 was $ 13.6 million compared to $ 12.6 million for the fifty-two week period ended august 25 , 2018 , and the increase was due to the changes in market interest rates . ( loss ) gain on foreign currency transactions . a loss of $ 0.5 million in foreign currency transactions was recorded for the fifty-two week period ended august 25 , 2018 compared to a foreign currency gain of $ 0.1 million for the fifty-two week period ended august 25 , 2018 . the change relates to changes in foreign currency rates related to international operations . income tax expense ( benefit ) . income tax expense for the fifty-three week period ended august 31 , 2019 was $ 16.8 million compared to income tax benefit of $ 17.4 million for the fifty-two week period ended august 25 , 2018 . the increase in our income tax expense is primarily attributed to the one-time benefit of $ 29.0 million related to the tax law change and remeasurement of deferred tax liabilities recorded in the fifty-two week period ended august 25 , 2018 , which did not apply for the fifty-three week period ended august 31 , 2019 . net income . net income was $ 47.5 million for the fifty-three week period ended august 31 , 2019 , a decrease of $ 22.9 million , or 32.5 % , compared to net income of $ 70.5 million for the fifty-two week period ended august 25 , 2018 . adjusted ebitda . adjusted ebitda for the fifty-three week period ended august 31 , 2019 was $ 98.7 million compared to $ 78.6 million for the fifty-two week period ended august 25 , 2018 . for a reconciliation of adjusted ebitda to its most directly comparable gaap measure , see “ reconciliation of adjusted ebitda ” below . reconciliation of adjusted ebitda adjusted ebitda . adjusted ebitda is a non-gaap financial measure commonly used in our industry and should not be construed as an alternative to net income as an indicator of operating performance or as an alternative to cash flow provided by operating activities as a measure of liquidity ( each as determined in accordance with gaap ) . simply good foods defines adjusted ebitda ( earnings before interest , tax , depreciation , and amortization ) as net income before interest income , interest expense , income tax expense , depreciation and amortization with further adjustments to exclude the following items : business transaction costs , stock-based compensation expense , inventory step-up , integration costs , restructuring costs , non-core legal costs , loss in fair value change of contingent consideration - tra liability , gain on settlement of tra liability and other non-core expenses . the company believes that the inclusion of these supplementary adjustments in presenting adjusted ebitda , when used in conjunction with net income , are appropriate to provide additional information to investors , and management of the company uses adjusted ebitda to supplement net income because it reflects more accurately operating results of the 39 on-going operations , enhances the overall understanding of past financial performance and future prospects and allows for greater transparency with respect to the key metrics the company uses in its financial and operational decision making . the company also believes that adjusted ebitda is frequently used by securities analysts , investors and other interested parties in the evaluation of companies in its industry . adjusted ebitda may not be comparable to other similarly titled captions of other companies due to differences in the non-gaap calculation . the following unaudited tables below provide a reconciliation of adjusted ebitda to its most directly comparable gaap measure , which is net income , for the fifty-two week period ended august 29 , 2020 , the fifty-three week period ended august 31 , 2019 , and the fifty-two week period ended august 25 , 2018 : replace_table_token_5_th ( 1 ) other items consist principally of exchange impact of foreign currency transactions , frozen licensing media and other expenses . reconciliation of adjusted diluted earnings per share adjusted diluted earnings per share . adjusted diluted earnings per share is a non-gaap financial measure commonly used in our industry and should not be construed as an alternative to diluted earnings per share as an indicator of operating performance . simply good foods defines adjusted diluted earnings per share as diluted earnings per share before depreciation and amortization , business transaction costs , stock-based compensation expense , inventory step-up , integration costs , restructuring costs , non-core legal costs , change in fair value of contingent consideration - tra liability ,

