with total capacity of 62,000 short tons ( 56,000 metric tons ) , we are a fully integrated manufacturer operating three tissue machines and 11 converting lines . we manufacture a range of tissue products for the away-from-home and at-home markets , including recycled and virgin paper products , covering premium , value and economy grades . we also sell parent rolls not converted into tissue products . during the first quarter of 2017 , we expect to start another tissue machine , at our facility in calhoun , tennessee , which will manufacture premium and ultra-premium tissue products and have a total annual capacity of 66,000 short tons ( 60,000 metric tons ) . three additional converting lines are in operation at calhoun . in 2016 , we shipped 1.7 billion board feet of construction-grade lumber within north america , mostly on the east coast . our sawmills produce dimension spruce-pine-fir lumber and provide wood chips to our pulp and paper mills in canada . our sawmills also supply wood residue to our other segments , to be used as fuel to produce renewable electricity and steam . we also operate two remanufactured wood products facilities that manufacture bed frame components , finger joints and furring strips , two engineered wood products facilities that manufacture i-joists for the construction industry , and one wood pellet facility , all of which are located in canada . our 2.1 million metric tons of capacity in newsprint represent approximately 9 % of worldwide capacity and 42 % of north american capacity . we sell newsprint to newspaper publishers worldwide and also to commercial printers in north america for uses such as inserts and flyers . in 2016 , north american deliveries represented 61 % of our total newsprint shipments . we have 1.5 million short tons ( 1.4 million metric tons ) of capacity in specialty papers , which include uncoated mechanical and coated mechanical grades . in total , our 1 million short tons ( 0.9 million metric tons ) of uncoated mechanical papers capacity make us the largest producer in north america , and the third largest in the world . with 542,000 short tons ( 492,000 metric tons ) of capacity , we are north america 's third largest producer of coated mechanical papers . of our total specialty paper shipments , approximately one third is white paper , including high-bright and super high-bright papers , for general commercial printing , educational textbooks , digital printing and tradebooks . coated mechanical papers , grades used for magazines , catalogs and advertising inserts , represent approximately one third as well . high-gloss uncoated mechanical ( supercalendered , or “ sc ” ) papers , mainly used for magazines , coupons , retail inserts and newspaper supplements , represent approximately one quarter . uncoated freesheet papers , bag grades , papers for directories , paperback books and other commercial applications represent approximately 10 % of our shipments . we sell our specialty papers almost exclusively in north america , where demand is largely tied to consumer spending and advertising . sales distribution by segment for the years ended december 31 , 2016 , 2015 and 2014 was as follows : replace_table_token_7_th 25 strategy & recent highlights since 2011 , our corporate strategy has been focused on transforming the company into a more sustainable organization , one that we believe can generate consistent value for shareholders through a competitive portfolio of manufacturing assets and a solid presence in long-term growth markets . this includes , on the one hand , a gradual retreat from certain paper grades , and on the other , using our strong financial position to act on opportunities to diversify and grow . this strategy has three core themes : maximizing value generation from paper , growing in pulp and wood products , and integrating our pulp into value-added quality tissue . in order to successfully deliver this strategic plan , we also recognize the need to maintain a disciplined approach to capital allocation as well as a level of financial leverage and flexibility that supports the evolution of our transformation . maximizing value generation from paper we compete today as a leading , lower-cost north american paper producer , due to continuous improvement and mill optimization . maintaining this competitive advantage is a key focus . in order to remain competitive in the demand-challenged markets that our paper operations face , we strive to consistently : maintain a stringent focus on reducing costs and optimizing our diversified asset base ; maximize the benefits of our access to virgin fiber and manage our exposure to volatile recycled fiber ; pursue a strategy of managing production and inventory levels and focus production at our most profitable and lower-cost facilities and machines ; and optimize our organizational structure to maintain a competitive selling , general and administrative expenses ( or “ sg & a ” ) to sales ratio . growing in pulp and wood products we believe in taking an opportunistic approach to strategic initiatives , pursuing only those that reduce our cost position , improve our product diversification and provide synergies . we believe that our market pulp , tissue , and wood products segments are aligned with those criteria , will benefit from long-term growth markets , and are therefore critical to our transformation strategy . since 2011 , we have completed a number of strategic initiatives in those segments , leading to a relative shift in our business away from our structurally-challenged paper business ( comprised of newsprint and specialty papers ) and into those growth markets ( comprised of market pulp , tissue and wood products ) , as illustrated below . story_separator_special_tag we believe that using these non-gaap measures is useful because they are consistent with the indicators management uses internally to measure the company 's performance , and it allows the reader to more easily compare our operations and financial performance from period to period . operating income ( loss ) , net income ( loss ) and eps , in each case as 33 adjusted for special items , are internal measures , and therefore may not be comparable to those of other companies . these non-gaap measures should not be viewed as substitutes to financial measures determined under gaap . fourth quarter overview three months ended december 31 , 2016 vs. december 31 , 2015 our operating loss was $ 18 million in the quarter , compared to an operating loss of $ 226 million in the year-ago period . excluding special items , we generated operating income of $ 18 million in the quarter , compared to an operating loss of $ 20 million in the year-ago period . special items are described below . our net loss in the quarter was $ 45 million , or $ 0.50 per share , compared to a net loss of $ 214 million , or $ 2.39 per share , in the year-ago period . our net loss in the quarter , excluding special items , was $ 3 million , or $ 0.03 per share , compared to a net loss , excluding special items , of $ 26 million , or $ 0.29 per share , in the year-ago period . replace_table_token_13_th replace_table_token_14_th ( 1 ) operating income ( loss ) , net income ( loss ) and eps , in each case as adjusted for special items , are non-gaap financial measures . for more information on the calculation and reasons we include these measures , see note 1 under “ overview – 2016 overview ” above . 34 change in the presentation of our non-gaap performance measures in the first quarter of 2017 , we will retrospectively change our presentation of our non-gaap performance measures , as further described above in note 1 under “ overview – 2016 overview , ” and below in note 1 under “ results of operations - consolidated results - selected annual financial information , ” to be consistent with an accounting standards update ( or “ asu ” ) expected to be issued by the financial accounting standards board ( or “ fasb ” ) in the first quarter of 2017. as such , we will treat the amortization of prior service credits as a special item to be adjusted for purposes of establishing our non-gaap performance measures , similarly to our non-operating pension and opeb costs and credits . accordingly , we will present the amortization of prior service credits component of net periodic benefit cost in “ corporate and other ” . amortization of prior service credits included in our net periodic benefit cost was $ 16 million , $ 16 million and $ 13 million for the years ended december 31 , 2016 , 2015 and 2014 , respectively . 35 r esults of o perations consolidated results selected annual financial information replace_table_token_15_th replace_table_token_16_th ( 1 ) ebitda and adjusted ebitda are not financial measures recognized under gaap . ebitda is calculated as net income ( loss ) including noncontrolling interests from the consolidated statements of operations , adjusted for interest expense , income taxes , and depreciation and amortization . adjusted ebitda means ebitda , excluding special items , such as foreign exchange translation gains and losses , severance costs , closure costs , impairment and other related charges , inventory write-downs related to closures , start-up costs , gains and losses on disposition of assets , non-operating pension and opeb costs and credits , write-down of equity method investment , acquisition-related costs and other charges or credits . we believe that using non-gaap measures such as ebitda and adjusted ebitda is useful because they are consistent with the indicators management uses internally to measure the company 's performance and it allows the reader to more easily compare our operations and financial performance from period to period . ebitda and adjusted ebitda are internal measures , and therefore may not be comparable to those of other companies . these non-gaap measures should not be viewed as substitutes to financial measures determined under gaap . 36 replace_table_token_17_th 2016 vs. 2015 operating loss variance analysis on november 16 , 2015 , we acquired atlas tissue , a manufacturer of a range of tissue products for the away-from-home and at-home markets , including virgin and recycled products , covering economy , value and premium grades and operating two tissue mills and a recycling facility in florida . we began consolidating the results of operations of atlas tissue in our consolidated financial statements as of november 16 , 2015. sales excluding an increase of $ 78 million due to atlas tissue , sales were $ 178 million , or 5 % , lower in 2016 , to $ 3,545 million . sales volume decreased by $ 68 million because of lower shipments in newsprint and specialty papers , down by 7 % and 4 % , respectively , only partially offset by higher shipments in wood products and market pulp , up by 10 % and 1 % , respectively . pricing had an unfavorable impact of $ 110 million , including the effect of currency of $ 6 million , reflecting a 7 % drop in the average transaction price for market pulp , 4 % for specialty papers , and 2 % for newsprint , only partially offset by an increase of 1 % for wood products . 37 cost of sales , excluding depreciation , amortization and distribution costs cos improved by $ 110 million in 2016 . after removing the effects of the canadian dollar fluctuation , given that approximately 60 % of our production capacity

capital resources we rely on cash and cash equivalents , net cash provided by operations and our revolving credit facilities to fund our operations , make pension contributions , and finance our working capital and capital expenditures . in addition , from time to time we may use available cash to reduce debt . as of december 31 , 2016 , we had cash and cash equivalents of $ 35 million and availability of $ 433 million under our revolving credit facilities . in our view , we have sufficient financial resources available to finance our business plan , meet working capital requirements and maintain an appropriate level of capital spending . the 2023 notes the 2023 notes are unsecured and are guaranteed by substantially all of our u.s. subsidiaries . the 2023 notes bear interest at a rate of 5.875 % ; they were sold at an offering price of 99.062 % of the principal amount and began paying interest on november 15 , 2013. interest is payable semi-annually on may 15 and november 15 of each year . the 2023 notes were issued pursuant to an indenture dated may 8 , 2013 , by and among the company , the guarantors and wells fargo bank , national association , as trustee . the terms of the 2023 notes indenture impose certain restrictions , subject to a number of exceptions and qualifications , including limits on our ability to : incur , assume or guarantee additional indebtedness ; issue redeemable stock and preferred stock ; pay dividends or make distributions or redeem or repurchase capital stock ; prepay , redeem or repurchase certain debt ; make loans and investments ; incur liens ; issue dividends , make loans or transfer assets from our subsidiaries ; sell or otherwise dispose of assets , including capital stock of subsidiaries ; consolidate or merge with or into , or sell substantially all of our assets to , another person ; enter into transactions with affiliates ; and enter into new lines of business .


 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.
     ```capital resources we rely on cash and cash equivalents , net cash provided by operations and our revolving credit facilities to fund our operations , make pension contributions , and finance our working capital and capital expenditures . in addition , from time to time we may use available cash to reduce debt . as of december 31 , 2016 , we had cash and cash equivalents of $ 35 million and availability of $ 433 million under our revolving credit facilities . in our view , we have sufficient financial resources available to finance our business plan , meet working capital requirements and maintain an appropriate level of capital spending . the 2023 notes the 2023 notes are unsecured and are guaranteed by substantially all of our u.s. subsidiaries . the 2023 notes bear interest at a rate of 5.875 % ; they were sold at an offering price of 99.062 % of the principal amount and began paying interest on november 15 , 2013. interest is payable semi-annually on may 15 and november 15 of each year . the 2023 notes were issued pursuant to an indenture dated may 8 , 2013 , by and among the company , the guarantors and wells fargo bank , national association , as trustee . the terms of the 2023 notes indenture impose certain restrictions , subject to a number of exceptions and qualifications , including limits on our ability to : incur , assume or guarantee additional indebtedness ; issue redeemable stock and preferred stock ; pay dividends or make distributions or redeem or repurchase capital stock ; prepay , redeem or repurchase certain debt ; make loans and investments ; incur liens ; issue dividends , make loans or transfer assets from our subsidiaries ; sell or otherwise dispose of assets , including capital stock of subsidiaries ; consolidate or merge with or into , or sell substantially all of our assets to , another person ; enter into transactions with affiliates ; and enter into new lines of business .
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 Suspicious Activity Report : with total capacity of 62,000 short tons ( 56,000 metric tons ) , we are a fully integrated manufacturer operating three tissue machines and 11 converting lines . we manufacture a range of tissue products for the away-from-home and at-home markets , including recycled and virgin paper products , covering premium , value and economy grades . we also sell parent rolls not converted into tissue products . during the first quarter of 2017 , we expect to start another tissue machine , at our facility in calhoun , tennessee , which will manufacture premium and ultra-premium tissue products and have a total annual capacity of 66,000 short tons ( 60,000 metric tons ) . three additional converting lines are in operation at calhoun . in 2016 , we shipped 1.7 billion board feet of construction-grade lumber within north america , mostly on the east coast . our sawmills produce dimension spruce-pine-fir lumber and provide wood chips to our pulp and paper mills in canada . our sawmills also supply wood residue to our other segments , to be used as fuel to produce renewable electricity and steam . we also operate two remanufactured wood products facilities that manufacture bed frame components , finger joints and furring strips , two engineered wood products facilities that manufacture i-joists for the construction industry , and one wood pellet facility , all of which are located in canada . our 2.1 million metric tons of capacity in newsprint represent approximately 9 % of worldwide capacity and 42 % of north american capacity . we sell newsprint to newspaper publishers worldwide and also to commercial printers in north america for uses such as inserts and flyers . in 2016 , north american deliveries represented 61 % of our total newsprint shipments . we have 1.5 million short tons ( 1.4 million metric tons ) of capacity in specialty papers , which include uncoated mechanical and coated mechanical grades . in total , our 1 million short tons ( 0.9 million metric tons ) of uncoated mechanical papers capacity make us the largest producer in north america , and the third largest in the world . with 542,000 short tons ( 492,000 metric tons ) of capacity , we are north america 's third largest producer of coated mechanical papers . of our total specialty paper shipments , approximately one third is white paper , including high-bright and super high-bright papers , for general commercial printing , educational textbooks , digital printing and tradebooks . coated mechanical papers , grades used for magazines , catalogs and advertising inserts , represent approximately one third as well . high-gloss uncoated mechanical ( supercalendered , or “ sc ” ) papers , mainly used for magazines , coupons , retail inserts and newspaper supplements , represent approximately one quarter . uncoated freesheet papers , bag grades , papers for directories , paperback books and other commercial applications represent approximately 10 % of our shipments . we sell our specialty papers almost exclusively in north america , where demand is largely tied to consumer spending and advertising . sales distribution by segment for the years ended december 31 , 2016 , 2015 and 2014 was as follows : replace_table_token_7_th 25 strategy & recent highlights since 2011 , our corporate strategy has been focused on transforming the company into a more sustainable organization , one that we believe can generate consistent value for shareholders through a competitive portfolio of manufacturing assets and a solid presence in long-term growth markets . this includes , on the one hand , a gradual retreat from certain paper grades , and on the other , using our strong financial position to act on opportunities to diversify and grow . this strategy has three core themes : maximizing value generation from paper , growing in pulp and wood products , and integrating our pulp into value-added quality tissue . in order to successfully deliver this strategic plan , we also recognize the need to maintain a disciplined approach to capital allocation as well as a level of financial leverage and flexibility that supports the evolution of our transformation . maximizing value generation from paper we compete today as a leading , lower-cost north american paper producer , due to continuous improvement and mill optimization . maintaining this competitive advantage is a key focus . in order to remain competitive in the demand-challenged markets that our paper operations face , we strive to consistently : maintain a stringent focus on reducing costs and optimizing our diversified asset base ; maximize the benefits of our access to virgin fiber and manage our exposure to volatile recycled fiber ; pursue a strategy of managing production and inventory levels and focus production at our most profitable and lower-cost facilities and machines ; and optimize our organizational structure to maintain a competitive selling , general and administrative expenses ( or “ sg & a ” ) to sales ratio . growing in pulp and wood products we believe in taking an opportunistic approach to strategic initiatives , pursuing only those that reduce our cost position , improve our product diversification and provide synergies . we believe that our market pulp , tissue , and wood products segments are aligned with those criteria , will benefit from long-term growth markets , and are therefore critical to our transformation strategy . since 2011 , we have completed a number of strategic initiatives in those segments , leading to a relative shift in our business away from our structurally-challenged paper business ( comprised of newsprint and specialty papers ) and into those growth markets ( comprised of market pulp , tissue and wood products ) , as illustrated below . story_separator_special_tag we believe that using these non-gaap measures is useful because they are consistent with the indicators management uses internally to measure the company 's performance , and it allows the reader to more easily compare our operations and financial performance from period to period . operating income ( loss ) , net income ( loss ) and eps , in each case as 33 adjusted for special items , are internal measures , and therefore may not be comparable to those of other companies . these non-gaap measures should not be viewed as substitutes to financial measures determined under gaap . fourth quarter overview three months ended december 31 , 2016 vs. december 31 , 2015 our operating loss was $ 18 million in the quarter , compared to an operating loss of $ 226 million in the year-ago period . excluding special items , we generated operating income of $ 18 million in the quarter , compared to an operating loss of $ 20 million in the year-ago period . special items are described below . our net loss in the quarter was $ 45 million , or $ 0.50 per share , compared to a net loss of $ 214 million , or $ 2.39 per share , in the year-ago period . our net loss in the quarter , excluding special items , was $ 3 million , or $ 0.03 per share , compared to a net loss , excluding special items , of $ 26 million , or $ 0.29 per share , in the year-ago period . replace_table_token_13_th replace_table_token_14_th ( 1 ) operating income ( loss ) , net income ( loss ) and eps , in each case as adjusted for special items , are non-gaap financial measures . for more information on the calculation and reasons we include these measures , see note 1 under “ overview – 2016 overview ” above . 34 change in the presentation of our non-gaap performance measures in the first quarter of 2017 , we will retrospectively change our presentation of our non-gaap performance measures , as further described above in note 1 under “ overview – 2016 overview , ” and below in note 1 under “ results of operations - consolidated results - selected annual financial information , ” to be consistent with an accounting standards update ( or “ asu ” ) expected to be issued by the financial accounting standards board ( or “ fasb ” ) in the first quarter of 2017. as such , we will treat the amortization of prior service credits as a special item to be adjusted for purposes of establishing our non-gaap performance measures , similarly to our non-operating pension and opeb costs and credits . accordingly , we will present the amortization of prior service credits component of net periodic benefit cost in “ corporate and other ” . amortization of prior service credits included in our net periodic benefit cost was $ 16 million , $ 16 million and $ 13 million for the years ended december 31 , 2016 , 2015 and 2014 , respectively . 35 r esults of o perations consolidated results selected annual financial information replace_table_token_15_th replace_table_token_16_th ( 1 ) ebitda and adjusted ebitda are not financial measures recognized under gaap . ebitda is calculated as net income ( loss ) including noncontrolling interests from the consolidated statements of operations , adjusted for interest expense , income taxes , and depreciation and amortization . adjusted ebitda means ebitda , excluding special items , such as foreign exchange translation gains and losses , severance costs , closure costs , impairment and other related charges , inventory write-downs related to closures , start-up costs , gains and losses on disposition of assets , non-operating pension and opeb costs and credits , write-down of equity method investment , acquisition-related costs and other charges or credits . we believe that using non-gaap measures such as ebitda and adjusted ebitda is useful because they are consistent with the indicators management uses internally to measure the company 's performance and it allows the reader to more easily compare our operations and financial performance from period to period . ebitda and adjusted ebitda are internal measures , and therefore may not be comparable to those of other companies . these non-gaap measures should not be viewed as substitutes to financial measures determined under gaap . 36 replace_table_token_17_th 2016 vs. 2015 operating loss variance analysis on november 16 , 2015 , we acquired atlas tissue , a manufacturer of a range of tissue products for the away-from-home and at-home markets , including virgin and recycled products , covering economy , value and premium grades and operating two tissue mills and a recycling facility in florida . we began consolidating the results of operations of atlas tissue in our consolidated financial statements as of november 16 , 2015. sales excluding an increase of $ 78 million due to atlas tissue , sales were $ 178 million , or 5 % , lower in 2016 , to $ 3,545 million . sales volume decreased by $ 68 million because of lower shipments in newsprint and specialty papers , down by 7 % and 4 % , respectively , only partially offset by higher shipments in wood products and market pulp , up by 10 % and 1 % , respectively . pricing had an unfavorable impact of $ 110 million , including the effect of currency of $ 6 million , reflecting a 7 % drop in the average transaction price for market pulp , 4 % for specialty papers , and 2 % for newsprint , only partially offset by an increase of 1 % for wood products . 37 cost of sales , excluding depreciation , amortization and distribution costs cos improved by $ 110 million in 2016 . after removing the effects of the canadian dollar fluctuation , given that approximately 60 % of our production capacity

