our ability to increase our revenue generated from distribution partners depends on growth in the revenues generated by our existing distribution partners ' web properties and the addition of new distribution partners who can successfully generate revenue . revenue from distribution partners may be affected by the quality of the search traffic provided by those distribution partners and in previous periods , revenue from certain distribution partners has been adversely affected by our determination that certain search traffic did not meet our minimum standards of quality or the guidelines of our search customers , who may require certain of our distribution 33 partners to alter the tactics they use to acquire end-users . in an effort to drive quality traffic to our search customers , we continue to invest in research and development to expand the online search services we offer on our owned and operated web properties and those of our distribution partners . in recent periods ( excluding the revenue from the make the web better purchased assets ) we experienced an overall decline in revenue generated through our owned and operated properties . this trend is a result of fewer retained users on our metasearch engine sites and , therefore , fewer paid clicks from these sites . the impact of this trend is partially offset by higher fees earned from our search customers for these paid clicks . our ability to increase our online search services revenue in our metasearch engine sites relies in part on our ability to attract end users to these properties and retain them by providing a satisfying search experience . revenue from our metasearch engine sites ( such as dogpile.com ) accounted for 56 % and 53 % of overall owned and operated revenue ( excluding revenue from the make the web better purchased assets ) for 2011 and 2010 , respectively . further offsetting the impact of the overall negative trend is the revenue we are generating through our online direct marketing initiatives , which in the most recent two years has been higher than we have seen historically . revenue growth for our online direct marketing initiatives is dependent on our ability execute to an expected return on our online direct marketing expenditures . revenue from our online direct marketing initiatives accounted for 44 % and 47 % of owned and operated revenue ( excluding revenue from the make the web better purchased assets ) for 2011 and 2010 , respectively . on january 31 , 2012 , we acquired taxact holdings , inc. and its subsidiary , 2 nd story software , inc. , operator of the taxact income tax preparation business for $ 287.5 million in cash , less certain transaction expenses , and subject to certain specified working capital adjustments . the taxact business consists of tax preparation software for individuals and professional tax preparers , an online tax preparation service for individuals , and ancillary data storage and financial services . because infospace did not own taxact in 2011 , financial results for taxact are not covered in this annual report on form 10-k. the taxact acquisition was funded from our cash reserves and from the net proceeds of a $ 105 million credit facility ( of which $ 100 million was drawn ) . on may 10 , 2010 , we acquired certain assets from mercantila , inc. , which became our mercantila online retail business . on june 22 , 2011 , we sold our mercantila e-commerce business to zoo stores , inc. after our management determined that the long-term prospects for the financial performance of mercantila were not meeting our expectations and that retaining the mercantila business did not fit within our strategy . the results of operations from the mercantila business are reflected as discontinued operations for all periods presented in this annual report on form 10-k. we are currently focused on the following areas : improving the search services offered to our distribution partners and through our owned and operated properties , maintaining our current distribution partners and adding new distribution partners , and seeking opportunities to use our resources to acquire and integrate new businesses and assets . within our search business , engineering , operations , and product management personnel remain paramount to our ability to deliver high quality search services , enhance our current technology , and increase our distribution network . as a result , we expect to continue to invest in our workforce and research and development operations . additionally , we may seek to use our cash and short-term available-for-sale investments to acquire businesses and other assets , including businesses that may not be related to search or tax preparation . overview of 2011 operating results the following is an overview of our operating results for the year ended december 31 , 2011 compared to the prior year . a more detailed discussion of our operating results , comparing our operating results for the years ended december 31 , 2011 , 2010 , and 2009 , is included under the heading historical results of operations in this management 's discussion and analysis of financial condition and results of operations . because infospace did not own the taxact business until january 31 , 2012 , financial results for taxact are not included in our operating results for the years presented in this management 's discussion and analysis of financial condition and results of operations . 34 several of our key operating financial measures for the years ended december 31 , 2011 and 2010 in total dollars ( in thousands ) and as a percentage of segment revenue are presented below . replace_table_token_6_th ( 1 ) adjusted ebitda is a non-gaap measure , defined below in non-gaap financial measures. search revenue excludes revenue from early-stage business initiatives , which was de minimis for 2011. revenue increased from 2010 to 2011 due to growth in revenue from our distribution partners . story_separator_special_tag additionally in 2010 , the financial performance of the operation of the make the web better assets acquired in april 2010 was greater than expected ; as a consequence , we estimated that the fair value of the related earn-out contingent consideration had increased and we recorded a charge of $ 5.0 million . interest income decreased in 2010 compared to 2009 primarily due to a decline in interest rates . income tax expense ( benefit ) . during 2011 , we recorded an income tax benefit on continuing operations of $ 11.3 million . during 2010 , and 2009 , we recorded an income tax expense on continuing operations of $ 8.7 million , and $ 181,000 , respectively . the 2011 income tax benefit of $ 11.3 million is primarily attributable to a $ 7.1 million tax expense from current year operations , a $ 675,000 tax expense from non-deductible compensation cost in connection with the warrant to purchase common stock granted to cambridge information group i llc , dated august 23 , 2011 and a $ 19.3 million tax benefit for the change in the valuation allowance against the deferred tax assets . the 2010 income tax expense of $ 8.7 million is primarily attributable to a $ 6.3 million tax expense from current year operations and a $ 3.2 million tax expense for the net increase in the valuation allowance against the deferred tax assets . these expenses are partially offset by a $ 566,000 income tax benefit from the decrease in unrecognized tax benefits pertaining to state income taxes and a $ 516,000 tax benefit attributable to foreign exchange gains . during 2009 , we impaired and sold our portfolio of ars , which provided a net $ 6.9 million income tax benefit from the net reduction of its portion of the valuation allowance . absent the effect of the ars , our income tax expense would have been $ 7.1 million , which would be primarily attributable to $ 2.7 million from current year operations and an increase of $ 4.2 million in the valuation allowance against the deferred tax assets . at december 31 , 2011 , we had gross temporary differences representing future tax deductions of $ 843.5 million , primarily comprised of $ 785.1 million of accumulated net operating loss carryforwards , which represent deferred tax assets . during 2011 , we determined that it was more likely than not that we would realize $ 18.9 million of our deferred tax assets in the foreseeable future , and that it was not more likely than not that we would realize the balance of our deferred tax assets in the foreseeable future . accordingly , we released the valuation allowance on a portion of our deferred tax assets , recognized a benefit to the income statement , and maintained a valuation allowance against the balance of our deferred tax assets . if , in the future , we determine that the realization of any additional portion of the deferred tax assets is more likely than not to be realized , we will record a benefit to the income statement or additional paid-in-capital , as appropriate . loss from discontinued operations and loss on sale of discontinued operations . on june 22 , 2011 , the company sold its mercantila e-commerce business to zoo stores , inc. the results of operations from the business are reflected in the condensed consolidated financial statements as discontinued operations for all periods presented . revenue , loss before taxes , income tax benefit , and loss from discontinued operations , net of taxes , and loss on sale of discontinued operations , net of taxes , for the year ended december 31 , 2011 is presented below ( in thousands ) : year ended december 31 , 2011 revenue from discontinued operations $ 16,894 loss from discontinued operations before taxes $ ( 3,506 ) income tax benefit 1,253 loss from discontinued operations , net of taxes $ ( 2,253 ) loss on sale of discontinued operations , net of an income tax benefit of $ 5,092 $ ( 7,674 ) 41 loss from discontinued operations includes previously unallocated depreciation , amortization , stock-based compensation expense , income taxes , and other corporate expenses that were attributable to the e-commerce business . assets and liabilities from discontinued operations were $ 0 at december 31 , 2011 and at december 31 , 2010 consisted of the following ( in thousands ) : replace_table_token_15_th non-gaap financial measures we define adjusted ebitda as net income , determined in accordance with gaap , excluding the effects of discontinued operations ( including loss from discontinued operations , net of taxes , and loss on sale of discontinued operations , net of taxes ) , income taxes , depreciation , amortization of intangible assets , stock-based compensation expense , and other loss ( income ) , net ( which includes such items as litigation settlements , adjustments to the fair values of contingent liabilities related to business combinations , gains on resolution of contingencies , interest income , foreign currency gains or losses , and gains or losses from the disposal of assets ) . we believe that adjusted ebitda provides meaningful supplemental information regarding infospace 's performance by excluding certain expenses and gains that we believe are not indicative of our operating results . we use this non-gaap financial measure for internal management purposes , when publicly providing guidance on possible future results , and as a means to evaluate period-to-period comparisons . we believe that adjusted ebitda is a common measure used by investors and analysts to evaluate our performance , that it provides a more complete understanding of the results of operations and trends affecting our business when viewed together with gaap results , and that management and investors benefit from referring to this non-gaap financial measure . items excluded from adjusted ebitda are significant and necessary components to the operations

net cash provided by operating activities net cash provided by operating activities consists of net income offset by certain adjustments not affecting current-period cash flows and the effect of changes in our operating assets and liabilities . net cash provided by operating activities was $ 25.3 million in 2011 , consisting of adjustments to net income not affecting cash to determine cash flows provided by operating activities of $ 28.1 million ( primarily consisting of depreciation and amortization , stock-based compensation , increase in the fair value of an earn-out contingent liability , and loss on disposals of assets ) , cash provided by changes in our operating assets and liabilities of $ 27.2 million ( consisting of decreases in accounts payable , other receivables , and in prepaid expenses and other current assets ) , and our net income of $ 21.6 million . partially offsetting the increase were adjustments not affecting cash flows used by operating activities of $ 21.7 million ( primarily consisting of deferred income taxes , excess tax benefits from stock-based award activity , a gain on the resolution of a contingent liability , and amortization of premium on investments ) and cash used by changes in our operating assets and liabilities of $ 29.9 million ( primarily consisting of decreases in accrued expenses and other current and long-term liabilities and increases in accounts receivable ) . net cash provided by operating activities was $ 49.9 million in 2010 , consisting of adjustments to net income not affecting cash to determine cash flows provided by operating activities of $ 41.0 million ( primarily consisting of depreciation and amortization , stock-based compensation , increase in the fair value of an earn-out contingent liability , loss on disposals of assets , and amortization of premium on investments ) , cash provided by changes in our operating assets and liabilities of $ 18.5 million ( consisting of decreases in accounts receivable , increases in accrued expenses and other current and long-term liabilities , and decreases in other receivables and in prepaid expenses and other current assets ) , and our net income of $ 4.7 million .


 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.
     ```net cash provided by operating activities net cash provided by operating activities consists of net income offset by certain adjustments not affecting current-period cash flows and the effect of changes in our operating assets and liabilities . net cash provided by operating activities was $ 25.3 million in 2011 , consisting of adjustments to net income not affecting cash to determine cash flows provided by operating activities of $ 28.1 million ( primarily consisting of depreciation and amortization , stock-based compensation , increase in the fair value of an earn-out contingent liability , and loss on disposals of assets ) , cash provided by changes in our operating assets and liabilities of $ 27.2 million ( consisting of decreases in accounts payable , other receivables , and in prepaid expenses and other current assets ) , and our net income of $ 21.6 million . partially offsetting the increase were adjustments not affecting cash flows used by operating activities of $ 21.7 million ( primarily consisting of deferred income taxes , excess tax benefits from stock-based award activity , a gain on the resolution of a contingent liability , and amortization of premium on investments ) and cash used by changes in our operating assets and liabilities of $ 29.9 million ( primarily consisting of decreases in accrued expenses and other current and long-term liabilities and increases in accounts receivable ) . net cash provided by operating activities was $ 49.9 million in 2010 , consisting of adjustments to net income not affecting cash to determine cash flows provided by operating activities of $ 41.0 million ( primarily consisting of depreciation and amortization , stock-based compensation , increase in the fair value of an earn-out contingent liability , loss on disposals of assets , and amortization of premium on investments ) , cash provided by changes in our operating assets and liabilities of $ 18.5 million ( consisting of decreases in accounts receivable , increases in accrued expenses and other current and long-term liabilities , and decreases in other receivables and in prepaid expenses and other current assets ) , and our net income of $ 4.7 million .
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 Suspicious Activity Report : our ability to increase our revenue generated from distribution partners depends on growth in the revenues generated by our existing distribution partners ' web properties and the addition of new distribution partners who can successfully generate revenue . revenue from distribution partners may be affected by the quality of the search traffic provided by those distribution partners and in previous periods , revenue from certain distribution partners has been adversely affected by our determination that certain search traffic did not meet our minimum standards of quality or the guidelines of our search customers , who may require certain of our distribution 33 partners to alter the tactics they use to acquire end-users . in an effort to drive quality traffic to our search customers , we continue to invest in research and development to expand the online search services we offer on our owned and operated web properties and those of our distribution partners . in recent periods ( excluding the revenue from the make the web better purchased assets ) we experienced an overall decline in revenue generated through our owned and operated properties . this trend is a result of fewer retained users on our metasearch engine sites and , therefore , fewer paid clicks from these sites . the impact of this trend is partially offset by higher fees earned from our search customers for these paid clicks . our ability to increase our online search services revenue in our metasearch engine sites relies in part on our ability to attract end users to these properties and retain them by providing a satisfying search experience . revenue from our metasearch engine sites ( such as dogpile.com ) accounted for 56 % and 53 % of overall owned and operated revenue ( excluding revenue from the make the web better purchased assets ) for 2011 and 2010 , respectively . further offsetting the impact of the overall negative trend is the revenue we are generating through our online direct marketing initiatives , which in the most recent two years has been higher than we have seen historically . revenue growth for our online direct marketing initiatives is dependent on our ability execute to an expected return on our online direct marketing expenditures . revenue from our online direct marketing initiatives accounted for 44 % and 47 % of owned and operated revenue ( excluding revenue from the make the web better purchased assets ) for 2011 and 2010 , respectively . on january 31 , 2012 , we acquired taxact holdings , inc. and its subsidiary , 2 nd story software , inc. , operator of the taxact income tax preparation business for $ 287.5 million in cash , less certain transaction expenses , and subject to certain specified working capital adjustments . the taxact business consists of tax preparation software for individuals and professional tax preparers , an online tax preparation service for individuals , and ancillary data storage and financial services . because infospace did not own taxact in 2011 , financial results for taxact are not covered in this annual report on form 10-k. the taxact acquisition was funded from our cash reserves and from the net proceeds of a $ 105 million credit facility ( of which $ 100 million was drawn ) . on may 10 , 2010 , we acquired certain assets from mercantila , inc. , which became our mercantila online retail business . on june 22 , 2011 , we sold our mercantila e-commerce business to zoo stores , inc. after our management determined that the long-term prospects for the financial performance of mercantila were not meeting our expectations and that retaining the mercantila business did not fit within our strategy . the results of operations from the mercantila business are reflected as discontinued operations for all periods presented in this annual report on form 10-k. we are currently focused on the following areas : improving the search services offered to our distribution partners and through our owned and operated properties , maintaining our current distribution partners and adding new distribution partners , and seeking opportunities to use our resources to acquire and integrate new businesses and assets . within our search business , engineering , operations , and product management personnel remain paramount to our ability to deliver high quality search services , enhance our current technology , and increase our distribution network . as a result , we expect to continue to invest in our workforce and research and development operations . additionally , we may seek to use our cash and short-term available-for-sale investments to acquire businesses and other assets , including businesses that may not be related to search or tax preparation . overview of 2011 operating results the following is an overview of our operating results for the year ended december 31 , 2011 compared to the prior year . a more detailed discussion of our operating results , comparing our operating results for the years ended december 31 , 2011 , 2010 , and 2009 , is included under the heading historical results of operations in this management 's discussion and analysis of financial condition and results of operations . because infospace did not own the taxact business until january 31 , 2012 , financial results for taxact are not included in our operating results for the years presented in this management 's discussion and analysis of financial condition and results of operations . 34 several of our key operating financial measures for the years ended december 31 , 2011 and 2010 in total dollars ( in thousands ) and as a percentage of segment revenue are presented below . replace_table_token_6_th ( 1 ) adjusted ebitda is a non-gaap measure , defined below in non-gaap financial measures. search revenue excludes revenue from early-stage business initiatives , which was de minimis for 2011. revenue increased from 2010 to 2011 due to growth in revenue from our distribution partners . story_separator_special_tag additionally in 2010 , the financial performance of the operation of the make the web better assets acquired in april 2010 was greater than expected ; as a consequence , we estimated that the fair value of the related earn-out contingent consideration had increased and we recorded a charge of $ 5.0 million . interest income decreased in 2010 compared to 2009 primarily due to a decline in interest rates . income tax expense ( benefit ) . during 2011 , we recorded an income tax benefit on continuing operations of $ 11.3 million . during 2010 , and 2009 , we recorded an income tax expense on continuing operations of $ 8.7 million , and $ 181,000 , respectively . the 2011 income tax benefit of $ 11.3 million is primarily attributable to a $ 7.1 million tax expense from current year operations , a $ 675,000 tax expense from non-deductible compensation cost in connection with the warrant to purchase common stock granted to cambridge information group i llc , dated august 23 , 2011 and a $ 19.3 million tax benefit for the change in the valuation allowance against the deferred tax assets . the 2010 income tax expense of $ 8.7 million is primarily attributable to a $ 6.3 million tax expense from current year operations and a $ 3.2 million tax expense for the net increase in the valuation allowance against the deferred tax assets . these expenses are partially offset by a $ 566,000 income tax benefit from the decrease in unrecognized tax benefits pertaining to state income taxes and a $ 516,000 tax benefit attributable to foreign exchange gains . during 2009 , we impaired and sold our portfolio of ars , which provided a net $ 6.9 million income tax benefit from the net reduction of its portion of the valuation allowance . absent the effect of the ars , our income tax expense would have been $ 7.1 million , which would be primarily attributable to $ 2.7 million from current year operations and an increase of $ 4.2 million in the valuation allowance against the deferred tax assets . at december 31 , 2011 , we had gross temporary differences representing future tax deductions of $ 843.5 million , primarily comprised of $ 785.1 million of accumulated net operating loss carryforwards , which represent deferred tax assets . during 2011 , we determined that it was more likely than not that we would realize $ 18.9 million of our deferred tax assets in the foreseeable future , and that it was not more likely than not that we would realize the balance of our deferred tax assets in the foreseeable future . accordingly , we released the valuation allowance on a portion of our deferred tax assets , recognized a benefit to the income statement , and maintained a valuation allowance against the balance of our deferred tax assets . if , in the future , we determine that the realization of any additional portion of the deferred tax assets is more likely than not to be realized , we will record a benefit to the income statement or additional paid-in-capital , as appropriate . loss from discontinued operations and loss on sale of discontinued operations . on june 22 , 2011 , the company sold its mercantila e-commerce business to zoo stores , inc. the results of operations from the business are reflected in the condensed consolidated financial statements as discontinued operations for all periods presented . revenue , loss before taxes , income tax benefit , and loss from discontinued operations , net of taxes , and loss on sale of discontinued operations , net of taxes , for the year ended december 31 , 2011 is presented below ( in thousands ) : year ended december 31 , 2011 revenue from discontinued operations $ 16,894 loss from discontinued operations before taxes $ ( 3,506 ) income tax benefit 1,253 loss from discontinued operations , net of taxes $ ( 2,253 ) loss on sale of discontinued operations , net of an income tax benefit of $ 5,092 $ ( 7,674 ) 41 loss from discontinued operations includes previously unallocated depreciation , amortization , stock-based compensation expense , income taxes , and other corporate expenses that were attributable to the e-commerce business . assets and liabilities from discontinued operations were $ 0 at december 31 , 2011 and at december 31 , 2010 consisted of the following ( in thousands ) : replace_table_token_15_th non-gaap financial measures we define adjusted ebitda as net income , determined in accordance with gaap , excluding the effects of discontinued operations ( including loss from discontinued operations , net of taxes , and loss on sale of discontinued operations , net of taxes ) , income taxes , depreciation , amortization of intangible assets , stock-based compensation expense , and other loss ( income ) , net ( which includes such items as litigation settlements , adjustments to the fair values of contingent liabilities related to business combinations , gains on resolution of contingencies , interest income , foreign currency gains or losses , and gains or losses from the disposal of assets ) . we believe that adjusted ebitda provides meaningful supplemental information regarding infospace 's performance by excluding certain expenses and gains that we believe are not indicative of our operating results . we use this non-gaap financial measure for internal management purposes , when publicly providing guidance on possible future results , and as a means to evaluate period-to-period comparisons . we believe that adjusted ebitda is a common measure used by investors and analysts to evaluate our performance , that it provides a more complete understanding of the results of operations and trends affecting our business when viewed together with gaap results , and that management and investors benefit from referring to this non-gaap financial measure . items excluded from adjusted ebitda are significant and necessary components to the operations

