fiscal 2011 , 2010 , and 2009 each had 52 weeks . 19 results of operations the following table summarizes the financial results for fiscal 2011 , 2010 , and 2009 : replace_table_token_5_th all share and per share amounts have been adjusted for the two-for-one stock split effective december 15 , 2011. stores . total stores open at the end of fiscal 2011 , 2010 , and 2009 were 1,125 , 1,055 , and 1,005 , respectively . the number of stores at the end of fiscal 2011 , 2010 , and 2009 increased by 7 % , 5 % , and 5 % from the respective prior years . our expansion strategy is to open additional stores based on market penetration , local demographic characteristics , competition , expected store profitability , and the ability to leverage overhead expenses . we continually evaluate opportunistic real estate acquisitions and opportunities for potential new store locations . we also evaluate our current store locations and determine store closures based on similar criteria . replace_table_token_6_th sales . sales for fiscal 2011 increased $ 742.2 million , or 9.4 % , compared to the prior year due to the opening of 70 net new stores during 2011 , and a 5 % increase in sales from comparable stores ( defined as stores that have been open for more than 14 complete months ) . sales for fiscal 2010 increased $ 681.9 million , or 9.5 % , compared to the prior year due to the opening of 50 net new stores during 2010 , and a 5 % increase in sales from comparable stores . 20 our sales mix is shown below for fiscal 2011 , 2010 , and 2009 : replace_table_token_7_th we intend to address the competitive climate for off-price apparel and home goods by pursuing and refining our existing strategies and by continuing to strengthen our organization , to diversify our merchandise mix , and to more fully develop our organization and systems to improve regional and local merchandise offerings . although our strategies and store expansion program contributed to sales gains in fiscal 2011 , 2010 , and 2009 , we can not be sure that they will result in a continuation of sales growth or in an increase in net earnings . cost of goods sold . cost of goods sold in fiscal 2011 increased $ 511.0 million compared to the prior year mainly due to increased sales from the opening of 70 net new stores during the year , and a 5 % increase in sales from comparable stores . cost of goods sold as a percentage of sales for fiscal 2011 decreased approximately 35 basis points from the prior year . this improvement was mainly the result of a 50 basis point increase in merchandise gross margin , which included a 15 basis point benefit from lower shortage . in addition , occupancy leveraged 20 basis points . these improvements were partially offset by increases in freight costs of about 20 basis points , distribution expenses of about 10 basis points , and buying costs of about five basis points . cost of goods sold in fiscal 2010 increased $ 402.5 million compared to the prior year mainly due to increased sales from the opening of 50 net new stores during the year , and a 5 % increase in sales from comparable stores . cost of goods sold as a percentage of sales for fiscal 2010 decreased approximately 130 basis points from the prior year . this improvement was mainly the result of an 80 basis point increase in merchandise gross margin , which included a 15 basis point benefit from lower shortage . in addition , occupancy leveraged 30 basis points , and distribution costs declined by about 30 basis points . these improvements were partially offset by an increase in freight costs of about 10 basis points . we can not be sure that the gross profit margins realized in fiscal 2011 , 2010 , and 2009 will continue in future years . selling , general and administrative expenses . for fiscal 2011 , selling , general and administrative expenses ( sg & a ) increased $ 74.3 million compared to the prior year , mainly due to increased store operating costs reflecting the opening of 70 net new stores during the year . sg & a as a percentage of sales for fiscal 2011 decreased by approximately 50 basis points compared to the prior year due equally to a combination of leverage on both general and administrative and store operating expenses . for fiscal 2010 , sg & a increased $ 99.0 million compared to the prior year , mainly due to increased store operating costs reflecting the opening of 50 net new stores during the year . sg & a as a percentage of sales for fiscal 2010 decreased by approximately 10 basis points compared to the prior year mainly driven by leverage on store operating expenses . the largest component of sg & a is payroll . the total number of employees , including both full and part-time , as of fiscal year end 2011 , 2010 , and 2009 was approximately 53,900 , 49,500 , and 45,600 , respectively . 21 interest expense ( income ) , net . in fiscal 2011 , interest expense increased by $ 0.3 million primarily due to issuance costs for our revolving credit facility , while interest income decreased by $ 0.4 million primarily due to lower investment yields as compared to the prior year . as a percentage of sales , net interest expense in fiscal 2011 remained flat compared to the prior year . the table below shows interest expense and income for fiscal 2011 , 2010 , and 2009 : replace_table_token_8_th taxes on earnings . story_separator_special_tag packaway inventory accounted for approximately 49 % and 47 % of total inventories as of january 28 , 2012 and january 29 , 2011. merchandise inventory includes acquisition , processing , and storage costs related to packaway inventory . included in the carrying value of our merchandise inventory is a provision for shortage . the shortage reserve is based on historical shortage rates as evaluated through our annual physical merchandise inventory counts and cycle counts . if actual market conditions , markdowns , or shortage are less favorable than those projected by us , or if sales of the merchandise inventory are more difficult than anticipated , additional merchandise inventory write-downs may be required . long-lived assets . we record a long-lived asset impairment charge when events or changes in circumstances indicate that the carrying amount of a long-lived asset may not be recoverable based on estimated future cash flows . an impairment loss would be recognized if analysis of the undiscounted cash flow of an asset group was less than the carrying value of the asset group . if our actual results differ materially from projected results , an impairment charge may be required in the future . in the course of performing our annual analysis , we determined that no long-lived asset impairment charge was required for fiscal 2011 , 2010 , or 2009 . 27 depreciation and amortization expense . property and equipment are stated at cost , less accumulated depreciation and amortization . depreciation is calculated using the straight-line method over the estimated useful life of the asset , typically ranging from five to 12 years for equipment and 20 to 40 years for land improvements and buildings . the cost of leasehold improvements is amortized over the lesser of the useful life of the asset or the applicable lease term . lease accounting . when a lease contains rent holidays or requires fixed escalations of the minimum lease payments , we record rental expense on a straight-line basis over the term of the lease and the difference between the average rental amount charged to expense and the amount payable under the lease is recorded as deferred rent . we begin recording rent expense on the lease possession date . tenant improvement allowances are included in other long-term liabilities and are amortized over the lease term . changes in tenant improvement allowances are included as a component of operating activities in the consolidated statements of cash flows . insurance obligations . we use a combination of insurance and self-insurance for a number of risk management activities , including workers ' compensation , general liability , and employee-related health care benefits . our self-insurance and deductible liability is determined actuarially , based on claims filed and an estimate of claims incurred but not reported . should a greater amount of claims occur compared to what is estimated or the costs of medical care increase beyond what was anticipated , our recorded reserves may not be sufficient and additional charges could be required . stock-based compensation . we recognize compensation expense based upon the grant date fair value of all stock-based awards . we use historical data to estimate pre-vesting forfeitures and to recognize stock-based compensation expense . all stock-based compensation awards are expensed over the service or performance periods of the awards . income taxes . we account for our uncertain tax positions in accordance with accounting standards codification ( asc ) 740. we are required to make assumptions and judgments regarding our income tax exposures . our policy is to recognize interest and or penalties related to all tax positions in income tax expense . to the extent that accrued interest and penalties do not ultimately become payable , amounts accrued will be reduced and reflected as a reduction of the overall income tax provision in the period that such determination is made . the critical accounting policies noted above are not intended to be a comprehensive list of all of our accounting policies . in many cases , the accounting treatment of a particular transaction is specifically dictated by generally accepted accounting principles ( gaap ) , with no need for management 's judgment in their application . there are also areas in which management 's judgment in selecting one alternative accounting principle over another would not produce a materially different result . see our audited consolidated financial statements and notes thereto under item 8 in this annual report on form 10-k , which contain accounting policies and other disclosures required by gaap . effects of inflation or deflation . we do not consider the effects of inflation or deflation to be material to our financial position and results of operations . new accounting pronouncements in may 2011 , the fasb issued accounting standards update no . 2011-04 , fair value measurements ( topic 820 ) : amendments to achieve common fair value measurement and disclosure requirements in u.s. gaap and ifrss ,  ( asu 2011-04 ) . asu 2011-04 changes the wording used to describe many of the requirements in u.s. gaap for measuring fair value and for disclosing information about fair value measurements to ensure consistency between u.s. gaap and ifrs . asu 2011-04 also expands the disclosures required for fair value measurements . asu 2011-04 is to be applied prospectively and is effective for the company in fiscal 2012. we believe adoption of this guidance will not have a material impact on our consolidated financial statements . in june 2011 , the fasb issued accounting standards update no . 2011-05 , comprehensive income ( topic 220 ) : presentation of comprehensive income ,  ( asu 2011-05 ) . asu 2011-05 eliminates the option to report other comprehensive income and its components in the statement of changes in equity . asu 2011-05 requires that all nonowner changes in stockholders ' equity be presented in either a single continuous statement of comprehensive income or in two separate but consecutive statements . this

liquidity and capital resources our primary sources of funds for our business activities are cash flows from operations and short-term trade credit . our primary ongoing cash requirements are for merchandise inventory purchases , payroll , rent , taxes , capital expenditures in connection with opening new stores , and investments in distribution centers and information systems . we also use cash to repurchase stock under our stock repurchase program and to pay dividends . replace_table_token_9_th 22 operating activities net cash provided by operating activities was $ 820.1 million , $ 673.0 million , and $ 888.4 million in fiscal 2011 , 2010 , and 2009 , respectively . the primary sources of cash provided by operating activities in fiscal 2011 , 2010 , and 2009 were net earnings excluding non-cash expenses for depreciation and amortization . our primary source of operating cash flow is the sale of our merchandise inventory . we regularly review the age and condition of our merchandise and are able to maintain current merchandise inventory in our stores through replenishment processes and liquidation of slower-moving merchandise through clearance markdowns . net cash from operations increased in 2011 compared to 2010 primarily due to higher net earnings and lower working capital used to purchase additional packaway inventory . we expect to continue to take advantage of packaway inventory opportunities to deliver bargains to our customers . as a regular part of our business , packaway inventory levels will vary over time based on availability of compelling opportunities in the marketplace . packaway merchandise is purchased with the intent that it will be stored in our warehouses until a later date . the timing of the release of packaway inventory to our stores is principally driven by the product mix and seasonality of the merchandise , and its relation to the company 's store merchandise assortment plans . as such , the aging of packaway varies by merchandise category and seasonality of purchase , but typically packaway remains in storage less than six months . changes in packaway inventory levels impact our operating cash flow .


 Write a concise suspicious activity report of the following text delimited by triple backquotes. Return your response as a formal report which covers the key points highlighting the location,dates,entity names and account holder information in chronological order of the text.
     ```liquidity and capital resources our primary sources of funds for our business activities are cash flows from operations and short-term trade credit . our primary ongoing cash requirements are for merchandise inventory purchases , payroll , rent , taxes , capital expenditures in connection with opening new stores , and investments in distribution centers and information systems . we also use cash to repurchase stock under our stock repurchase program and to pay dividends . replace_table_token_9_th 22 operating activities net cash provided by operating activities was $ 820.1 million , $ 673.0 million , and $ 888.4 million in fiscal 2011 , 2010 , and 2009 , respectively . the primary sources of cash provided by operating activities in fiscal 2011 , 2010 , and 2009 were net earnings excluding non-cash expenses for depreciation and amortization . our primary source of operating cash flow is the sale of our merchandise inventory . we regularly review the age and condition of our merchandise and are able to maintain current merchandise inventory in our stores through replenishment processes and liquidation of slower-moving merchandise through clearance markdowns . net cash from operations increased in 2011 compared to 2010 primarily due to higher net earnings and lower working capital used to purchase additional packaway inventory . we expect to continue to take advantage of packaway inventory opportunities to deliver bargains to our customers . as a regular part of our business , packaway inventory levels will vary over time based on availability of compelling opportunities in the marketplace . packaway merchandise is purchased with the intent that it will be stored in our warehouses until a later date . the timing of the release of packaway inventory to our stores is principally driven by the product mix and seasonality of the merchandise , and its relation to the company 's store merchandise assortment plans . as such , the aging of packaway varies by merchandise category and seasonality of purchase , but typically packaway remains in storage less than six months . changes in packaway inventory levels impact our operating cash flow .
```    
 Suspicious Activity Report : fiscal 2011 , 2010 , and 2009 each had 52 weeks . 19 results of operations the following table summarizes the financial results for fiscal 2011 , 2010 , and 2009 : replace_table_token_5_th all share and per share amounts have been adjusted for the two-for-one stock split effective december 15 , 2011. stores . total stores open at the end of fiscal 2011 , 2010 , and 2009 were 1,125 , 1,055 , and 1,005 , respectively . the number of stores at the end of fiscal 2011 , 2010 , and 2009 increased by 7 % , 5 % , and 5 % from the respective prior years . our expansion strategy is to open additional stores based on market penetration , local demographic characteristics , competition , expected store profitability , and the ability to leverage overhead expenses . we continually evaluate opportunistic real estate acquisitions and opportunities for potential new store locations . we also evaluate our current store locations and determine store closures based on similar criteria . replace_table_token_6_th sales . sales for fiscal 2011 increased $ 742.2 million , or 9.4 % , compared to the prior year due to the opening of 70 net new stores during 2011 , and a 5 % increase in sales from comparable stores ( defined as stores that have been open for more than 14 complete months ) . sales for fiscal 2010 increased $ 681.9 million , or 9.5 % , compared to the prior year due to the opening of 50 net new stores during 2010 , and a 5 % increase in sales from comparable stores . 20 our sales mix is shown below for fiscal 2011 , 2010 , and 2009 : replace_table_token_7_th we intend to address the competitive climate for off-price apparel and home goods by pursuing and refining our existing strategies and by continuing to strengthen our organization , to diversify our merchandise mix , and to more fully develop our organization and systems to improve regional and local merchandise offerings . although our strategies and store expansion program contributed to sales gains in fiscal 2011 , 2010 , and 2009 , we can not be sure that they will result in a continuation of sales growth or in an increase in net earnings . cost of goods sold . cost of goods sold in fiscal 2011 increased $ 511.0 million compared to the prior year mainly due to increased sales from the opening of 70 net new stores during the year , and a 5 % increase in sales from comparable stores . cost of goods sold as a percentage of sales for fiscal 2011 decreased approximately 35 basis points from the prior year . this improvement was mainly the result of a 50 basis point increase in merchandise gross margin , which included a 15 basis point benefit from lower shortage . in addition , occupancy leveraged 20 basis points . these improvements were partially offset by increases in freight costs of about 20 basis points , distribution expenses of about 10 basis points , and buying costs of about five basis points . cost of goods sold in fiscal 2010 increased $ 402.5 million compared to the prior year mainly due to increased sales from the opening of 50 net new stores during the year , and a 5 % increase in sales from comparable stores . cost of goods sold as a percentage of sales for fiscal 2010 decreased approximately 130 basis points from the prior year . this improvement was mainly the result of an 80 basis point increase in merchandise gross margin , which included a 15 basis point benefit from lower shortage . in addition , occupancy leveraged 30 basis points , and distribution costs declined by about 30 basis points . these improvements were partially offset by an increase in freight costs of about 10 basis points . we can not be sure that the gross profit margins realized in fiscal 2011 , 2010 , and 2009 will continue in future years . selling , general and administrative expenses . for fiscal 2011 , selling , general and administrative expenses ( sg & a ) increased $ 74.3 million compared to the prior year , mainly due to increased store operating costs reflecting the opening of 70 net new stores during the year . sg & a as a percentage of sales for fiscal 2011 decreased by approximately 50 basis points compared to the prior year due equally to a combination of leverage on both general and administrative and store operating expenses . for fiscal 2010 , sg & a increased $ 99.0 million compared to the prior year , mainly due to increased store operating costs reflecting the opening of 50 net new stores during the year . sg & a as a percentage of sales for fiscal 2010 decreased by approximately 10 basis points compared to the prior year mainly driven by leverage on store operating expenses . the largest component of sg & a is payroll . the total number of employees , including both full and part-time , as of fiscal year end 2011 , 2010 , and 2009 was approximately 53,900 , 49,500 , and 45,600 , respectively . 21 interest expense ( income ) , net . in fiscal 2011 , interest expense increased by $ 0.3 million primarily due to issuance costs for our revolving credit facility , while interest income decreased by $ 0.4 million primarily due to lower investment yields as compared to the prior year . as a percentage of sales , net interest expense in fiscal 2011 remained flat compared to the prior year . the table below shows interest expense and income for fiscal 2011 , 2010 , and 2009 : replace_table_token_8_th taxes on earnings . story_separator_special_tag packaway inventory accounted for approximately 49 % and 47 % of total inventories as of january 28 , 2012 and january 29 , 2011. merchandise inventory includes acquisition , processing , and storage costs related to packaway inventory . included in the carrying value of our merchandise inventory is a provision for shortage . the shortage reserve is based on historical shortage rates as evaluated through our annual physical merchandise inventory counts and cycle counts . if actual market conditions , markdowns , or shortage are less favorable than those projected by us , or if sales of the merchandise inventory are more difficult than anticipated , additional merchandise inventory write-downs may be required . long-lived assets . we record a long-lived asset impairment charge when events or changes in circumstances indicate that the carrying amount of a long-lived asset may not be recoverable based on estimated future cash flows . an impairment loss would be recognized if analysis of the undiscounted cash flow of an asset group was less than the carrying value of the asset group . if our actual results differ materially from projected results , an impairment charge may be required in the future . in the course of performing our annual analysis , we determined that no long-lived asset impairment charge was required for fiscal 2011 , 2010 , or 2009 . 27 depreciation and amortization expense . property and equipment are stated at cost , less accumulated depreciation and amortization . depreciation is calculated using the straight-line method over the estimated useful life of the asset , typically ranging from five to 12 years for equipment and 20 to 40 years for land improvements and buildings . the cost of leasehold improvements is amortized over the lesser of the useful life of the asset or the applicable lease term . lease accounting . when a lease contains rent holidays or requires fixed escalations of the minimum lease payments , we record rental expense on a straight-line basis over the term of the lease and the difference between the average rental amount charged to expense and the amount payable under the lease is recorded as deferred rent . we begin recording rent expense on the lease possession date . tenant improvement allowances are included in other long-term liabilities and are amortized over the lease term . changes in tenant improvement allowances are included as a component of operating activities in the consolidated statements of cash flows . insurance obligations . we use a combination of insurance and self-insurance for a number of risk management activities , including workers ' compensation , general liability , and employee-related health care benefits . our self-insurance and deductible liability is determined actuarially , based on claims filed and an estimate of claims incurred but not reported . should a greater amount of claims occur compared to what is estimated or the costs of medical care increase beyond what was anticipated , our recorded reserves may not be sufficient and additional charges could be required . stock-based compensation . we recognize compensation expense based upon the grant date fair value of all stock-based awards . we use historical data to estimate pre-vesting forfeitures and to recognize stock-based compensation expense . all stock-based compensation awards are expensed over the service or performance periods of the awards . income taxes . we account for our uncertain tax positions in accordance with accounting standards codification ( asc ) 740. we are required to make assumptions and judgments regarding our income tax exposures . our policy is to recognize interest and or penalties related to all tax positions in income tax expense . to the extent that accrued interest and penalties do not ultimately become payable , amounts accrued will be reduced and reflected as a reduction of the overall income tax provision in the period that such determination is made . the critical accounting policies noted above are not intended to be a comprehensive list of all of our accounting policies . in many cases , the accounting treatment of a particular transaction is specifically dictated by generally accepted accounting principles ( gaap ) , with no need for management 's judgment in their application . there are also areas in which management 's judgment in selecting one alternative accounting principle over another would not produce a materially different result . see our audited consolidated financial statements and notes thereto under item 8 in this annual report on form 10-k , which contain accounting policies and other disclosures required by gaap . effects of inflation or deflation . we do not consider the effects of inflation or deflation to be material to our financial position and results of operations . new accounting pronouncements in may 2011 , the fasb issued accounting standards update no . 2011-04 , fair value measurements ( topic 820 ) : amendments to achieve common fair value measurement and disclosure requirements in u.s. gaap and ifrss ,  ( asu 2011-04 ) . asu 2011-04 changes the wording used to describe many of the requirements in u.s. gaap for measuring fair value and for disclosing information about fair value measurements to ensure consistency between u.s. gaap and ifrs . asu 2011-04 also expands the disclosures required for fair value measurements . asu 2011-04 is to be applied prospectively and is effective for the company in fiscal 2012. we believe adoption of this guidance will not have a material impact on our consolidated financial statements . in june 2011 , the fasb issued accounting standards update no . 2011-05 , comprehensive income ( topic 220 ) : presentation of comprehensive income ,  ( asu 2011-05 ) . asu 2011-05 eliminates the option to report other comprehensive income and its components in the statement of changes in equity . asu 2011-05 requires that all nonowner changes in stockholders ' equity be presented in either a single continuous statement of comprehensive income or in two separate but consecutive statements . this

