the company has three reportable business segments based on geographic regions , defined as follows : americas , which includes north and south america , with our segment headquarters in reading , pennsylvania , u.s.a. ; emea , which includes europe , the middle east and africa , with our segment headquarters in zug , switzerland ; and asia , which includes asia , australia and oceania , with our segment headquarters in singapore . we evaluate business segment performance based primarily upon operating earnings exclusive of highlighted items . highlighted items are those that the company deems are not indicative of ongoing operating results , including those charges that the company incurs as a result of restructuring activities and those charges and credits that are not directly related to ongoing business segment performance . all corporate and centrally incurred costs are allocated to the business segments based principally on net sales . we evaluate business segment cash flow and financial position performance based primarily upon capital expenditures and primary working capital levels ( see definition of primary working capital in “ liquidity and capital resources ” below ) . although we monitor the three elements of primary working capital ( receivables , inventory and payables ) , our primary focus is on the total amount due to the significant impact it has on our cash flow . 23 our management structure , financial reporting systems , and associated internal controls and procedures , are all consistent with our three geographic business segments . we report on a march 31 fiscal year-end . our financial results are largely driven by the following factors : global economic conditions and general cyclical patterns of the industries in which our customers operate ; changes in our selling prices and , in periods when our product costs increase , our ability to raise our selling prices to pass such cost increases through to our customers ; the extent to which we are able to efficiently utilize our global manufacturing facilities and optimize our capacity ; the extent to which we can control our fixed and variable costs , including those for our raw materials , manufacturing , distribution and operating activities ; changes in our level of debt and changes in the variable interest rates under our credit facilities ; and the size and number of acquisitions and our ability to achieve their intended benefits . we have two primary product lines : reserve power and motive power products . net sales classifications by product line are as follows : reserve power products are used for backup power for the continuous operation of critical applications in telecommunications systems , uninterruptible power systems , or “ ups ” applications for computer and computer-controlled systems , and other specialty power applications , including medical and security systems , premium starting , lighting and ignition applications , in switchgear , electrical control systems used in electric utilities , large-scale energy storage , energy pipelines , in commercial aircraft , satellites , military aircraft , submarines , ships and tactical vehicles . reserve power products also include thermally managed cabinets and enclosures for electronic equipment and batteries . motive power products are used to provide power for electric industrial forklifts used in manufacturing , warehousing and other material handling applications as well as mining equipment , diesel locomotive starting and other rail equipment . current market conditions economic climate recent indicators continue to suggest a mixed trend in economic activity among the different geographical regions . north america and emea are experiencing limited economic growth . our asia region continues to grow faster than any other region in which we do business , but at a slower pace than a few years ago . volatility of commodities and foreign currencies our most significant commodity and foreign currency exposures are related to lead and the euro , respectively . historically , volatility of commodity costs and foreign currency exchange rates have caused large swings in our production costs . as the global economic climate changes , we anticipate that our commodity costs and foreign currency exposures may continue to fluctuate as they have in the past several years . over the past year , on a consolidated basis , we have experienced rising commodity costs . in addition , we have experienced unfavorable movements in foreign currency exchange rates . customer pricing our selling prices fluctuated during the past year to offset the rising cost of commodities . approximately 30 % of our revenue is currently subject to agreements that adjust pricing to a market-based index for lead . during fiscal 2017 , our selling prices increased slightly , compared to the prior year . liquidity and capital resources we believe that our financial position is strong , and we have substantial liquidity with $ 500 million of available cash and cash equivalents and available and undrawn credit lines of approximately $ 476 million at march 31 , 2017 to cover short-term liquidity requirements and anticipated growth in the foreseeable future . our $ 500 million senior secured revolving credit facility and $ 150 million senior secured incremental term loan ( the “ term loan ” ) , comprising the “ 2011 credit facility ” is committed through september 2018 as long as we continue to comply with its covenants and conditions . current market conditions related to our liquidity and capital resources are favorable . we believe current conditions remain favorable for the company to have continued positive cash flow from operations that , along with available cash and cash 24 equivalents and our undrawn lines of credit , will be sufficient to fund our capital expenditures , acquisitions and other investments for growth . in fiscal 2016 , we issued $ 300 million of 5.00 % senior notes due 2023 ( the “ notes ” ) , with the net proceeds used primarily to fund the payment of principal and accreted interest outstanding on the senior 3.375 story_separator_special_tag the difference between this expected return and the actual return on plan assets is deferred and will affect future net periodic pension costs through subsequent amortization . we believe that the current assumptions used to estimate plan obligations and annual expense are appropriate in the current economic environment . however , if economic conditions change materially , we may change our assumptions , and the resulting change could have a material impact on the consolidated statements of income and on the consolidated balance sheets . equity-based compensation we recognize compensation cost relating to equity-based payment transactions by using a fair-value measurement method whereby all equity-based payments to employees , including grants of restricted stock units , stock options and market condition-based awards are recognized as compensation expense based on fair value at grant date over the requisite service period of the 28 awards . we determine the fair value of restricted stock units based on the quoted market price of our common stock on the date of grant . the fair value of stock options is determined using the black-scholes option-pricing model , which uses both historical and current market data to estimate the fair value . the fair value of market condition-based awards is estimated at the date of grant using a binomial lattice model or monte carlo simulation . all models incorporate various assumptions such as the risk-free interest rate , expected volatility , expected dividend yield and expected life of the awards . when estimating the requisite service period of the awards , we consider many related factors including types of awards , employee class , and historical experience . actual results , and future changes in estimates of the requisite service period may differ substantially from our current estimates . income taxes our effective tax rate is based on pretax income and statutory tax rates available in the various jurisdictions in which we operate . we account for income taxes in accordance with applicable guidance on accounting for income taxes , which requires that deferred tax assets and liabilities be recognized using enacted tax rates for the effect of temporary differences between book and tax bases on recorded assets and liabilities . accounting guidance also requires that deferred tax assets be reduced by a valuation allowance , when it is more likely than not that a tax benefit will not be realized . the recognition and measurement of a tax position is based on management 's best judgment given the facts , circumstances and information available at the reporting date . we evaluate tax positions to determine whether the benefits of tax positions are more likely than not of being sustained upon audit based on the technical merits of the tax position . for tax positions that are more likely than not of being sustained upon audit , we recognize the largest amount of the benefit that is greater than 50 % likely of being realized upon ultimate settlement in the financial statements . for tax positions that are not more likely than not of being sustained upon audit , we do not recognize any portion of the benefit in the financial statements . if the more likely than not threshold is not met in the period for which a tax position is taken , we may subsequently recognize the benefit of that tax position if the tax matter is effectively settled , the statute of limitations expires , or if the more likely than not threshold is met in a subsequent period . we evaluate , on a quarterly basis , our ability to realize deferred tax assets by assessing our valuation allowance and by adjusting the amount of such allowance , if necessary . the factors used to assess the likelihood of realization are our forecast of future taxable income and available tax planning strategies that could be implemented to realize the net deferred tax assets . to the extent we prevail in matters for which reserves have been established , or are required to pay amounts in excess of our reserves , our effective tax rate in a given financial statement period could be materially affected . 29 results of operations— fiscal 2017 compared to fiscal 2016 the following table presents summary consolidated statement of income data for fiscal year ended march 31 , 2017 , compared to fiscal year ended march 31 , 2016 : replace_table_token_3_th nm = not meaningful overview our sales in fiscal 2017 were $ 2.4 billion , a 2 % increase from prior year 's sales . this increase was the result of a 2 % increase in organic volume and a 1 % increase each from pricing and acquisitions , partially offset by a 2 % decrease due to foreign currency translation impact . gross profit margin percentage in fiscal 2017 increased by 110 basis points to 27.5 % compared to fiscal 2016 , mainly due to favorable product mix combined with the benefits of restructuring programs in emea , along with a modest growth in organic volume and a decrease in warranty costs . a discussion of specific fiscal 2017 versus fiscal 2016 operating results follows , including an analysis and discussion of the results of our reportable segments . 30 net sales net sales by reportable segment were as follows : replace_table_token_4_th the americas segment 's revenue increased by $ 56.3 million or 4.4 % in fiscal 2017 , as compared to fiscal 2016 , primarily due a 4 % increase in organic volume and a 1 % increase in acquisitions , partially offset by a 1 % decrease in currency translation impact . the emea segment 's revenue decreased by $ 24.3 million or 3.1 % in fiscal 2017 , as compared to fiscal 2016 , primarily due to a 4 % decrease in currency translation impact , partially offset by a 1 % increase in organic volume . the asia segment 's revenue increased by $ 18.9 million or 7.5 % in fiscal

liquidity and capital resources cash flow and financing activities cash and cash equivalents at march 31 , 2017 , 2016 and 2015 , were $ 500.3 million , $ 397.3 million and $ 268.9 million , respectively . cash provided by operating activities for fiscal 2017 , 2016 and 2015 , was $ 246.0 million , $ 307.6 million and $ 194.5 million , respectively . during fiscal 2017 , cash provided by operating activities was primarily from net earnings of $ 158.2 million , depreciation and amortization of $ 53.9 million , non-cash charges relating to write-off of goodwill and other assets of $ 20.3 million , stock-based compensation of $ 19.2 million , provision of doubtful accounts of $ 1.8 million , restructuring and other exit charges of $ 1.4 million , and non-cash interest of $ 1.4 million . cash provided by operating activities were partially offset by the increase in primary working capital of $ 55.5 million , net of currency translation changes . cash provided by operating activities were positively impacted by legal proceedings accrual of $ 23.7 million and accrued expenses of $ 9.3 million , comprising primarily of income and other taxes .


 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 cash flow and financing activities cash and cash equivalents at march 31 , 2017 , 2016 and 2015 , were $ 500.3 million , $ 397.3 million and $ 268.9 million , respectively . cash provided by operating activities for fiscal 2017 , 2016 and 2015 , was $ 246.0 million , $ 307.6 million and $ 194.5 million , respectively . during fiscal 2017 , cash provided by operating activities was primarily from net earnings of $ 158.2 million , depreciation and amortization of $ 53.9 million , non-cash charges relating to write-off of goodwill and other assets of $ 20.3 million , stock-based compensation of $ 19.2 million , provision of doubtful accounts of $ 1.8 million , restructuring and other exit charges of $ 1.4 million , and non-cash interest of $ 1.4 million . cash provided by operating activities were partially offset by the increase in primary working capital of $ 55.5 million , net of currency translation changes . cash provided by operating activities were positively impacted by legal proceedings accrual of $ 23.7 million and accrued expenses of $ 9.3 million , comprising primarily of income and other taxes .
```    
 Suspicious Activity Report : the company has three reportable business segments based on geographic regions , defined as follows : americas , which includes north and south america , with our segment headquarters in reading , pennsylvania , u.s.a. ; emea , which includes europe , the middle east and africa , with our segment headquarters in zug , switzerland ; and asia , which includes asia , australia and oceania , with our segment headquarters in singapore . we evaluate business segment performance based primarily upon operating earnings exclusive of highlighted items . highlighted items are those that the company deems are not indicative of ongoing operating results , including those charges that the company incurs as a result of restructuring activities and those charges and credits that are not directly related to ongoing business segment performance . all corporate and centrally incurred costs are allocated to the business segments based principally on net sales . we evaluate business segment cash flow and financial position performance based primarily upon capital expenditures and primary working capital levels ( see definition of primary working capital in “ liquidity and capital resources ” below ) . although we monitor the three elements of primary working capital ( receivables , inventory and payables ) , our primary focus is on the total amount due to the significant impact it has on our cash flow . 23 our management structure , financial reporting systems , and associated internal controls and procedures , are all consistent with our three geographic business segments . we report on a march 31 fiscal year-end . our financial results are largely driven by the following factors : global economic conditions and general cyclical patterns of the industries in which our customers operate ; changes in our selling prices and , in periods when our product costs increase , our ability to raise our selling prices to pass such cost increases through to our customers ; the extent to which we are able to efficiently utilize our global manufacturing facilities and optimize our capacity ; the extent to which we can control our fixed and variable costs , including those for our raw materials , manufacturing , distribution and operating activities ; changes in our level of debt and changes in the variable interest rates under our credit facilities ; and the size and number of acquisitions and our ability to achieve their intended benefits . we have two primary product lines : reserve power and motive power products . net sales classifications by product line are as follows : reserve power products are used for backup power for the continuous operation of critical applications in telecommunications systems , uninterruptible power systems , or “ ups ” applications for computer and computer-controlled systems , and other specialty power applications , including medical and security systems , premium starting , lighting and ignition applications , in switchgear , electrical control systems used in electric utilities , large-scale energy storage , energy pipelines , in commercial aircraft , satellites , military aircraft , submarines , ships and tactical vehicles . reserve power products also include thermally managed cabinets and enclosures for electronic equipment and batteries . motive power products are used to provide power for electric industrial forklifts used in manufacturing , warehousing and other material handling applications as well as mining equipment , diesel locomotive starting and other rail equipment . current market conditions economic climate recent indicators continue to suggest a mixed trend in economic activity among the different geographical regions . north america and emea are experiencing limited economic growth . our asia region continues to grow faster than any other region in which we do business , but at a slower pace than a few years ago . volatility of commodities and foreign currencies our most significant commodity and foreign currency exposures are related to lead and the euro , respectively . historically , volatility of commodity costs and foreign currency exchange rates have caused large swings in our production costs . as the global economic climate changes , we anticipate that our commodity costs and foreign currency exposures may continue to fluctuate as they have in the past several years . over the past year , on a consolidated basis , we have experienced rising commodity costs . in addition , we have experienced unfavorable movements in foreign currency exchange rates . customer pricing our selling prices fluctuated during the past year to offset the rising cost of commodities . approximately 30 % of our revenue is currently subject to agreements that adjust pricing to a market-based index for lead . during fiscal 2017 , our selling prices increased slightly , compared to the prior year . liquidity and capital resources we believe that our financial position is strong , and we have substantial liquidity with $ 500 million of available cash and cash equivalents and available and undrawn credit lines of approximately $ 476 million at march 31 , 2017 to cover short-term liquidity requirements and anticipated growth in the foreseeable future . our $ 500 million senior secured revolving credit facility and $ 150 million senior secured incremental term loan ( the “ term loan ” ) , comprising the “ 2011 credit facility ” is committed through september 2018 as long as we continue to comply with its covenants and conditions . current market conditions related to our liquidity and capital resources are favorable . we believe current conditions remain favorable for the company to have continued positive cash flow from operations that , along with available cash and cash 24 equivalents and our undrawn lines of credit , will be sufficient to fund our capital expenditures , acquisitions and other investments for growth . in fiscal 2016 , we issued $ 300 million of 5.00 % senior notes due 2023 ( the “ notes ” ) , with the net proceeds used primarily to fund the payment of principal and accreted interest outstanding on the senior 3.375 story_separator_special_tag the difference between this expected return and the actual return on plan assets is deferred and will affect future net periodic pension costs through subsequent amortization . we believe that the current assumptions used to estimate plan obligations and annual expense are appropriate in the current economic environment . however , if economic conditions change materially , we may change our assumptions , and the resulting change could have a material impact on the consolidated statements of income and on the consolidated balance sheets . equity-based compensation we recognize compensation cost relating to equity-based payment transactions by using a fair-value measurement method whereby all equity-based payments to employees , including grants of restricted stock units , stock options and market condition-based awards are recognized as compensation expense based on fair value at grant date over the requisite service period of the 28 awards . we determine the fair value of restricted stock units based on the quoted market price of our common stock on the date of grant . the fair value of stock options is determined using the black-scholes option-pricing model , which uses both historical and current market data to estimate the fair value . the fair value of market condition-based awards is estimated at the date of grant using a binomial lattice model or monte carlo simulation . all models incorporate various assumptions such as the risk-free interest rate , expected volatility , expected dividend yield and expected life of the awards . when estimating the requisite service period of the awards , we consider many related factors including types of awards , employee class , and historical experience . actual results , and future changes in estimates of the requisite service period may differ substantially from our current estimates . income taxes our effective tax rate is based on pretax income and statutory tax rates available in the various jurisdictions in which we operate . we account for income taxes in accordance with applicable guidance on accounting for income taxes , which requires that deferred tax assets and liabilities be recognized using enacted tax rates for the effect of temporary differences between book and tax bases on recorded assets and liabilities . accounting guidance also requires that deferred tax assets be reduced by a valuation allowance , when it is more likely than not that a tax benefit will not be realized . the recognition and measurement of a tax position is based on management 's best judgment given the facts , circumstances and information available at the reporting date . we evaluate tax positions to determine whether the benefits of tax positions are more likely than not of being sustained upon audit based on the technical merits of the tax position . for tax positions that are more likely than not of being sustained upon audit , we recognize the largest amount of the benefit that is greater than 50 % likely of being realized upon ultimate settlement in the financial statements . for tax positions that are not more likely than not of being sustained upon audit , we do not recognize any portion of the benefit in the financial statements . if the more likely than not threshold is not met in the period for which a tax position is taken , we may subsequently recognize the benefit of that tax position if the tax matter is effectively settled , the statute of limitations expires , or if the more likely than not threshold is met in a subsequent period . we evaluate , on a quarterly basis , our ability to realize deferred tax assets by assessing our valuation allowance and by adjusting the amount of such allowance , if necessary . the factors used to assess the likelihood of realization are our forecast of future taxable income and available tax planning strategies that could be implemented to realize the net deferred tax assets . to the extent we prevail in matters for which reserves have been established , or are required to pay amounts in excess of our reserves , our effective tax rate in a given financial statement period could be materially affected . 29 results of operations— fiscal 2017 compared to fiscal 2016 the following table presents summary consolidated statement of income data for fiscal year ended march 31 , 2017 , compared to fiscal year ended march 31 , 2016 : replace_table_token_3_th nm = not meaningful overview our sales in fiscal 2017 were $ 2.4 billion , a 2 % increase from prior year 's sales . this increase was the result of a 2 % increase in organic volume and a 1 % increase each from pricing and acquisitions , partially offset by a 2 % decrease due to foreign currency translation impact . gross profit margin percentage in fiscal 2017 increased by 110 basis points to 27.5 % compared to fiscal 2016 , mainly due to favorable product mix combined with the benefits of restructuring programs in emea , along with a modest growth in organic volume and a decrease in warranty costs . a discussion of specific fiscal 2017 versus fiscal 2016 operating results follows , including an analysis and discussion of the results of our reportable segments . 30 net sales net sales by reportable segment were as follows : replace_table_token_4_th the americas segment 's revenue increased by $ 56.3 million or 4.4 % in fiscal 2017 , as compared to fiscal 2016 , primarily due a 4 % increase in organic volume and a 1 % increase in acquisitions , partially offset by a 1 % decrease in currency translation impact . the emea segment 's revenue decreased by $ 24.3 million or 3.1 % in fiscal 2017 , as compared to fiscal 2016 , primarily due to a 4 % decrease in currency translation impact , partially offset by a 1 % increase in organic volume . the asia segment 's revenue increased by $ 18.9 million or 7.5 % in fiscal

