capital expenditures for the year were $ 194.2 million , including $ 80.6 million for the erp implementation , compared to $ 130.8 million in 2018 , including $ 18.0 million for the erp implementation . during 2019 , we completed the following debt related transactions : a ) issued $ 600.0 million at par of aggregate principal senior notes , due july 2024 , which are unsecured and bear interest at 5.375 % per annum , payable on january 15 and july 15 of each year . b ) executed the fourth amendment which amended the credit agreement to , among other things , ( i ) provide an incremental term loan of $ 365.0 million , ( ii ) modify the definition of “ consolidated ebitda ” , ( iii ) revise the financial covenant requirement for our consolidated leverage ratio and ( iv ) make certain other modifications to negative covenants related to restricted payments and investments that we may make . c ) repaid in full $ 1.075 billion of the outstanding private placement notes using the net proceeds from the senior notes and the incremental term loan together with additional borrowings under the senior credit facility . on february 25 , 2020 , we executed the fifth amendment which amended the credit agreement to , among other things : increase the maximum allowable consolidated leverage ratio to 5.00 to 1.00 until the end of the first quarter of 2022 and 4.50 to 1.00 thereafter . upon the consummation of the divesture of the esol disposal group , each of the foregoing maximum permitted consolidated leverage ratio levels will step down to 4.75 to 1.00 and 4.25 to 1.00 , respectively . allow for continuation of the $ 200 million of cash add backs to ebitda through december 31 , 2020 , and addbacks of $ 100 million until december 31 , 2021 , with no further addbacks thereafter . increase the leverage ratio pricing tier of greater than 4.50 to 1.00 by 0.125 % . grant a first-priority security interest to the administrative agent for the benefit of the lenders in substantially all of the personal property of the company and certain of its material domestic subsidiaries , including certain equity interests held by those entities . for additional information , see part ii , item 8 , financial statements and supplementary data ; note 9 – debt in the consolidated financial statements . over the course of 2019 , we divested a texting business based in the uk , a telephone answering services business and pharmaceutical returns business in north america , and substantially all of our operations in mexico and chile . the five transactions combined generated $ 83.7 million in gross proceeds during 2019. as a result of these divestitures we recorded total non-cash divestiture losses , net of gains , of $ 103.0 million . ( for additional information , see part ii , item 8 , financial statements and supplementary data ; note 4 – restructuring and divestitures in the consolidated financial statements ) . on february 6 , 2020 , we entered into the purchase agreement to sell our domestic environmental solutions business to harsco corporation , exclusive of the retained business . 2019 10-k annual report stericycle , inc. 37 part ii subject to the terms and conditions of the purchase agreement , the buyer has agreed to purchase all of the outstanding equity interests of our domestic environmental solutions subsidiary . both we and buyer have agreed to indemnify the other party for losses arising from certain breaches of the purchase agreement and other liabilities , subject to certain limitations . the purchase price for the transaction is approximately $ 462.5 million , and subject to adjustment based on the esol disposal group 's net working capital at closing and other adjustments as defined in the purchase agreement . the transaction is anticipated to result in a loss which is currently not estimable . the expected charge is based on our current estimate of the proceeds that will be allocated to the disposal transaction as we evaluate the terms of the hsa agreement negotiated with the buyer concurrently with the transaction , the net assets that will be disposed of and an allocation of goodwill based on the relative fair value of the esol disposal group to the domestic environmental solutions reporting unit . the remaining goodwill will be allocated to the retained business which we anticipate will become part of the domestic healthcare compliance services reporting unit once the transaction closes . the purchase agreement contains customary representations , warranties and covenants related to the business and the transaction . between the date of the purchase agreement and the completion of the transaction , we have agreed to conduct the ordinary course of the esol disposal group business consistent with past practices in all material respects and have agreed to certain other operating covenants with respect to the esol disposal group business as set forth more fully in the purchase agreement . the purchase agreement includes customary termination provisions , including if the closing of the transaction has not occurred on or before november 6 , 2020 ( which may be extended until february 6 , 2021 , if needed , to obtain applicable regulatory approvals ) . both we and the buyer have agreed to indemnify the other party for losses arising from certain breaches of the purchase agreement and other liabilities , subject to certain limitations . in connection with the closing of the transaction , we and buyer will enter into certain additional ancillary agreements , including a transition services agreement . we and buyer will also enter into a long-term subcontracted hsa with respect to our retained business . we currently provide integrated waste compliance services to healthcare customers , including medical and hazardous waste disposal services . story_separator_special_tag ” asset and goodwill impairments asset impairment charges comprise the following : replace_table_token_12_th for the year ended december 31 , 2019 , impairment charges primarily consisted of $ 1.6 million related to software as a result of rationalization of system applications primarily in all other , $ 1.0 million related to permits in mexico due to site closures prior to the mexico operations divestiture , $ 0.7 million related to customer list intangibles in the netherlands , and $ 18.3 million associated with property and equipment and customer relationship , permits and other intangibles in our brazil operations , both , which are part of our international rwcs reportable segment and $ 0.5 million associated with a site closure in our north 2019 10-k annual report stericycle , inc. 47 part ii america rwcs reportable segment . for the year ended december 31 , 2018 , the impairment charges were primarily associated to software in connection with our evolving future information systems strategy including rationalization of applications used within each reportable segment . the impairment charges included in sg & a and cor for the year ended december 31 , 2019 and 2018 , respectively are further described in part ii , item 8. financial statements and supplementary data ; note 5 – property , plant a nd equipment and note 7 – goodwill and other intangible assets in the consolidated financial statements . as a result of our annual goodwill impairment assessments on october 1 and interim assessments , as applicable , we recognized goodwill impairment charges which are discussed below in the impairment section of part ii , item 7. management 's discussion and analysis of financial condition and results of operations – goodwill impairment . ( for additional information , see part ii , item 8. financial statements and supplementary data ; note 7 – goodwill and other intangible assets in the consolidated financial statements ) . impairment charges may be recognized in future periods to the extent changes in factors or circumstances occur , including deterioration in the macroeconomic environment or in the equity markets , including the market value of our common shares , deterioration in our performance or our future projections , or changes in our plans for one or more reporting units or specified long-lived assets , among other factors . other during the years ended december 31 , 2019 , 2018 , and 2017 , we recognized $ 39.7 million , $ 29.1 million , and $ 24.8 million , respectively , of consulting and professional fees related to internal control remediation activities as well as the implementation of new accounting standards . for the years ended december 31 , 2019 and 2018 , we recognized foreign exchange losses of $ 3.3 million and $ 3.8 million , respectively , related to the re-measurement of net monetary assets held in argentina as a result of its designation as a highly inflationary economy . capital allocation stericycle aims to maintain a structured capital allocation strategy that balances investment in the business , debt reduction , and returns to shareholders . our capital allocation items include the following types of activities : stock issuance costs , dividends on preferred stock , debt modification costs in connection with related non-recurring matters , losses on early extinguishment of debt , and other related expenses . for the year ended december 31 , 2019 , we incurred a pre-tax loss on early extinguishment of debt of $ 23.1 million , comprising a “ make-whole ” premium of $ 20.4 million , due under the terms of certain of the private placement notes , and $ 2.7 million related to unamortized debt issuance costs , associated with repayments of our private placement notes . we also incurred $ 0.2 million of debt modification charges associated with the execution of the fourth amendment , which are recorded in interest expense , net and charges of $ 3.4 million related to the write- 2019 10-k annual report stericycle , inc. 48 part ii off of the unamortized portion of premiums associated with interest rate locks executed in connection with the issuance of certain of the private placement notes , which are recorded in interest expense , net . during the year ended december 31 , 2018 , we recognized $ 2.7 million of debt modification charges related to amending our credit agreements . these charges have been recognized as interest expense , net in the consolidated statements of ( loss ) income . we declared and paid dividends of $ 25.5 million and $ 36.3 million , to the series a preferred stock shareholders during the years ended december 31 , 2018 and 2017 , respectively . on september 14 , 2018 , in accordance with their terms of issuance , all of the series a preferred stock was converted into common stock and all then outstanding shares of preferred stock and the associated depositary shares were cancelled . tax reform we analyzed the provisional impact of the tax act on our year end 2017 income tax benefit/provision and as a result recognized $ 129.8 million as an income tax benefit in 2017. consistent with the requirements of staff accounting bulletin no . 118 ( “ sab 118 ” ) , the analysis and determination of provisional impact was finalized during 2018 , resulting in a charge of $ 8.8 million . for further discussion , see part ii , item 8. financial statements and supplementary data ; note 10 – income taxes in the consolidated financial statements . results of operations revenues ( including segment revenue ) : in analyzing our company 's performance , it is necessary to understand that our various regulated services share a common infrastructure and customer base . we market our regulated and compliance services by offering various pricing options to meet our customers ' preferences , and customers move between these different billing paradigms . for example , our customers may contract with

liquidity and capital resources details of our outstanding debt obligations can be found in part ii , item 8. financial statements and supplementary data ; note 9 – debt in the consolidated financial statements . we believe that we have sufficient liquidity to support our ongoing operations , including the erp implementation , and to invest in future growth to create value for our shareholders . operating cash flows and the $ 1.2 billion senior credit facility are our primary sources of liquidity and are expected to be used for , among other things , payment of interest and principal on our long-term debt obligations and capital expenditures necessary to support growth and productivity improvements , including those associated with our erp implementation . to the extent our liquidity needs prove to be greater than expected or cash generated from operations is less than anticipated , and cash on hand or credit availability is insufficient or we are in breach under the existing credit agreement , we would need to seek additional financing from alternative sources , including approaching the capital markets , in order to provide additional liquidity . on february 25 , 2020 , we executed the fifth amendment which amended the credit agreement to , among other things : increase the maximum allowable consolidated leverage ratio to 5.00 to 1.00 until the end of the first quarter of 2022 and 4.50 to 1.00 thereafter . upon the consummation of the divesture of the esol disposal group , each of the foregoing maximum permitted consolidated leverage ratio levels will step down to 4.75 to 1.00 and 4.25 to 1.00 , respectively . 2019 10-k annual report stericycle , inc. 57 part ii allow for continuation of the $ 200 million of cash add backs to ebitda through december 31 , 2020 , and addbacks of $ 100 million until december 31 , 2021 , with no further addbacks thereafter .


 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 details of our outstanding debt obligations can be found in part ii , item 8. financial statements and supplementary data ; note 9 – debt in the consolidated financial statements . we believe that we have sufficient liquidity to support our ongoing operations , including the erp implementation , and to invest in future growth to create value for our shareholders . operating cash flows and the $ 1.2 billion senior credit facility are our primary sources of liquidity and are expected to be used for , among other things , payment of interest and principal on our long-term debt obligations and capital expenditures necessary to support growth and productivity improvements , including those associated with our erp implementation . to the extent our liquidity needs prove to be greater than expected or cash generated from operations is less than anticipated , and cash on hand or credit availability is insufficient or we are in breach under the existing credit agreement , we would need to seek additional financing from alternative sources , including approaching the capital markets , in order to provide additional liquidity . on february 25 , 2020 , we executed the fifth amendment which amended the credit agreement to , among other things : increase the maximum allowable consolidated leverage ratio to 5.00 to 1.00 until the end of the first quarter of 2022 and 4.50 to 1.00 thereafter . upon the consummation of the divesture of the esol disposal group , each of the foregoing maximum permitted consolidated leverage ratio levels will step down to 4.75 to 1.00 and 4.25 to 1.00 , respectively . 2019 10-k annual report stericycle , inc. 57 part ii allow for continuation of the $ 200 million of cash add backs to ebitda through december 31 , 2020 , and addbacks of $ 100 million until december 31 , 2021 , with no further addbacks thereafter .
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 Suspicious Activity Report : capital expenditures for the year were $ 194.2 million , including $ 80.6 million for the erp implementation , compared to $ 130.8 million in 2018 , including $ 18.0 million for the erp implementation . during 2019 , we completed the following debt related transactions : a ) issued $ 600.0 million at par of aggregate principal senior notes , due july 2024 , which are unsecured and bear interest at 5.375 % per annum , payable on january 15 and july 15 of each year . b ) executed the fourth amendment which amended the credit agreement to , among other things , ( i ) provide an incremental term loan of $ 365.0 million , ( ii ) modify the definition of “ consolidated ebitda ” , ( iii ) revise the financial covenant requirement for our consolidated leverage ratio and ( iv ) make certain other modifications to negative covenants related to restricted payments and investments that we may make . c ) repaid in full $ 1.075 billion of the outstanding private placement notes using the net proceeds from the senior notes and the incremental term loan together with additional borrowings under the senior credit facility . on february 25 , 2020 , we executed the fifth amendment which amended the credit agreement to , among other things : increase the maximum allowable consolidated leverage ratio to 5.00 to 1.00 until the end of the first quarter of 2022 and 4.50 to 1.00 thereafter . upon the consummation of the divesture of the esol disposal group , each of the foregoing maximum permitted consolidated leverage ratio levels will step down to 4.75 to 1.00 and 4.25 to 1.00 , respectively . allow for continuation of the $ 200 million of cash add backs to ebitda through december 31 , 2020 , and addbacks of $ 100 million until december 31 , 2021 , with no further addbacks thereafter . increase the leverage ratio pricing tier of greater than 4.50 to 1.00 by 0.125 % . grant a first-priority security interest to the administrative agent for the benefit of the lenders in substantially all of the personal property of the company and certain of its material domestic subsidiaries , including certain equity interests held by those entities . for additional information , see part ii , item 8 , financial statements and supplementary data ; note 9 – debt in the consolidated financial statements . over the course of 2019 , we divested a texting business based in the uk , a telephone answering services business and pharmaceutical returns business in north america , and substantially all of our operations in mexico and chile . the five transactions combined generated $ 83.7 million in gross proceeds during 2019. as a result of these divestitures we recorded total non-cash divestiture losses , net of gains , of $ 103.0 million . ( for additional information , see part ii , item 8 , financial statements and supplementary data ; note 4 – restructuring and divestitures in the consolidated financial statements ) . on february 6 , 2020 , we entered into the purchase agreement to sell our domestic environmental solutions business to harsco corporation , exclusive of the retained business . 2019 10-k annual report stericycle , inc. 37 part ii subject to the terms and conditions of the purchase agreement , the buyer has agreed to purchase all of the outstanding equity interests of our domestic environmental solutions subsidiary . both we and buyer have agreed to indemnify the other party for losses arising from certain breaches of the purchase agreement and other liabilities , subject to certain limitations . the purchase price for the transaction is approximately $ 462.5 million , and subject to adjustment based on the esol disposal group 's net working capital at closing and other adjustments as defined in the purchase agreement . the transaction is anticipated to result in a loss which is currently not estimable . the expected charge is based on our current estimate of the proceeds that will be allocated to the disposal transaction as we evaluate the terms of the hsa agreement negotiated with the buyer concurrently with the transaction , the net assets that will be disposed of and an allocation of goodwill based on the relative fair value of the esol disposal group to the domestic environmental solutions reporting unit . the remaining goodwill will be allocated to the retained business which we anticipate will become part of the domestic healthcare compliance services reporting unit once the transaction closes . the purchase agreement contains customary representations , warranties and covenants related to the business and the transaction . between the date of the purchase agreement and the completion of the transaction , we have agreed to conduct the ordinary course of the esol disposal group business consistent with past practices in all material respects and have agreed to certain other operating covenants with respect to the esol disposal group business as set forth more fully in the purchase agreement . the purchase agreement includes customary termination provisions , including if the closing of the transaction has not occurred on or before november 6 , 2020 ( which may be extended until february 6 , 2021 , if needed , to obtain applicable regulatory approvals ) . both we and the buyer have agreed to indemnify the other party for losses arising from certain breaches of the purchase agreement and other liabilities , subject to certain limitations . in connection with the closing of the transaction , we and buyer will enter into certain additional ancillary agreements , including a transition services agreement . we and buyer will also enter into a long-term subcontracted hsa with respect to our retained business . we currently provide integrated waste compliance services to healthcare customers , including medical and hazardous waste disposal services . story_separator_special_tag ” asset and goodwill impairments asset impairment charges comprise the following : replace_table_token_12_th for the year ended december 31 , 2019 , impairment charges primarily consisted of $ 1.6 million related to software as a result of rationalization of system applications primarily in all other , $ 1.0 million related to permits in mexico due to site closures prior to the mexico operations divestiture , $ 0.7 million related to customer list intangibles in the netherlands , and $ 18.3 million associated with property and equipment and customer relationship , permits and other intangibles in our brazil operations , both , which are part of our international rwcs reportable segment and $ 0.5 million associated with a site closure in our north 2019 10-k annual report stericycle , inc. 47 part ii america rwcs reportable segment . for the year ended december 31 , 2018 , the impairment charges were primarily associated to software in connection with our evolving future information systems strategy including rationalization of applications used within each reportable segment . the impairment charges included in sg & a and cor for the year ended december 31 , 2019 and 2018 , respectively are further described in part ii , item 8. financial statements and supplementary data ; note 5 – property , plant a nd equipment and note 7 – goodwill and other intangible assets in the consolidated financial statements . as a result of our annual goodwill impairment assessments on october 1 and interim assessments , as applicable , we recognized goodwill impairment charges which are discussed below in the impairment section of part ii , item 7. management 's discussion and analysis of financial condition and results of operations – goodwill impairment . ( for additional information , see part ii , item 8. financial statements and supplementary data ; note 7 – goodwill and other intangible assets in the consolidated financial statements ) . impairment charges may be recognized in future periods to the extent changes in factors or circumstances occur , including deterioration in the macroeconomic environment or in the equity markets , including the market value of our common shares , deterioration in our performance or our future projections , or changes in our plans for one or more reporting units or specified long-lived assets , among other factors . other during the years ended december 31 , 2019 , 2018 , and 2017 , we recognized $ 39.7 million , $ 29.1 million , and $ 24.8 million , respectively , of consulting and professional fees related to internal control remediation activities as well as the implementation of new accounting standards . for the years ended december 31 , 2019 and 2018 , we recognized foreign exchange losses of $ 3.3 million and $ 3.8 million , respectively , related to the re-measurement of net monetary assets held in argentina as a result of its designation as a highly inflationary economy . capital allocation stericycle aims to maintain a structured capital allocation strategy that balances investment in the business , debt reduction , and returns to shareholders . our capital allocation items include the following types of activities : stock issuance costs , dividends on preferred stock , debt modification costs in connection with related non-recurring matters , losses on early extinguishment of debt , and other related expenses . for the year ended december 31 , 2019 , we incurred a pre-tax loss on early extinguishment of debt of $ 23.1 million , comprising a “ make-whole ” premium of $ 20.4 million , due under the terms of certain of the private placement notes , and $ 2.7 million related to unamortized debt issuance costs , associated with repayments of our private placement notes . we also incurred $ 0.2 million of debt modification charges associated with the execution of the fourth amendment , which are recorded in interest expense , net and charges of $ 3.4 million related to the write- 2019 10-k annual report stericycle , inc. 48 part ii off of the unamortized portion of premiums associated with interest rate locks executed in connection with the issuance of certain of the private placement notes , which are recorded in interest expense , net . during the year ended december 31 , 2018 , we recognized $ 2.7 million of debt modification charges related to amending our credit agreements . these charges have been recognized as interest expense , net in the consolidated statements of ( loss ) income . we declared and paid dividends of $ 25.5 million and $ 36.3 million , to the series a preferred stock shareholders during the years ended december 31 , 2018 and 2017 , respectively . on september 14 , 2018 , in accordance with their terms of issuance , all of the series a preferred stock was converted into common stock and all then outstanding shares of preferred stock and the associated depositary shares were cancelled . tax reform we analyzed the provisional impact of the tax act on our year end 2017 income tax benefit/provision and as a result recognized $ 129.8 million as an income tax benefit in 2017. consistent with the requirements of staff accounting bulletin no . 118 ( “ sab 118 ” ) , the analysis and determination of provisional impact was finalized during 2018 , resulting in a charge of $ 8.8 million . for further discussion , see part ii , item 8. financial statements and supplementary data ; note 10 – income taxes in the consolidated financial statements . results of operations revenues ( including segment revenue ) : in analyzing our company 's performance , it is necessary to understand that our various regulated services share a common infrastructure and customer base . we market our regulated and compliance services by offering various pricing options to meet our customers ' preferences , and customers move between these different billing paradigms . for example , our customers may contract with

