our products include vertical cavity surface emitting lasers ( “ vcsels ” ) and edge emitting lasers which are used in 3d sensing depth imaging systems . these systems simplify the way people interact with technology by enabling the use of natural user interfaces . systems are used for biometric identification , surveillance , and process efficiency , among numerous other application spaces . emerging applications for this technology include various mobile device applications , autonomous vehicles , self-navigating robotics and drones in industrial applications and 3d capture of objects coupled with 3d printing . in addition , our industrial diode lasers are used primarily as pump sources for pulsed and kilowatt class fiber lasers . our opcomms customers include alphabet , apple , ciena , cisco systems ( which announced the acquisition of acacia communications , another customer of ours ) , huawei technologies ( including hisilicon ) , infinera , innolight , nokia networks ( including alcatel-lucent international ) , o-net , and zte . 35 following the acquisition of oclaro , during our fiscal 2019 , we made several strategic changes to our opcomms business to better position it for growth and profitability . these changes included attaining acquisition cost synergies related to redundant capabilities and divestiture of telecom lithium niobate modulators and datacom transceiver modules because of their muted growth and profitability trends . these changes were substantially completed in fiscal 2020. we expect our indium phosphide photonic integrated circuits will continue to replace lithium niobate modulators over time and focusing on the development and sale of datacom chips has enabled us to participate in the growth of the datacom and 5g wireless markets . related to the strategic changes in our opcomms business , we entered into two strategic transactions to sell some of the discontinued product lines . in the second quarter of fiscal year 2020 , we entered into an agreement with advanced fiber resources ( zhuhai ) ltd. ( “ afr ” ) , a leading provider of passive optical components , to sell the assets associated with certain lithium niobate product lines manufactured by our san donato site for $ 17.0 million . the transaction was closed in the third quarter of fiscal year 2020. for further information regarding this transaction , refer to “ note 5. assets and liabilities held for sale ” in the notes to consolidated financial statements . on april 18 , 2019 , we closed a transaction selling many of our datacom transceiver module product lines to cambridge industries group ( “ cig ” ) . for further information regarding this transaction , refer to “ note 4. business combinations ” in the notes to consolidated financial statements . lasers our lasers products serve our customers in markets and applications such as sheet metal processing , general manufacturing , biotechnology , graphics and imaging , remote sensing , and precision machining such as drilling in printed circuit boards , wafer singulation , glass cutting and solar cell scribing . our lasers products are used in a variety of oem applications including diode-pumped solid-state , fiber , diode , direct-diode and gas lasers such as argon-ion and helium-neon lasers . fiber lasers provide kw-class output powers combined with excellent beam quality and are used in sheet metal processing and metal welding applications . diode-pumped solid-state lasers provide excellent beam quality , low noise and exceptional reliability and are used in biotechnology , graphics and imaging , remote sensing , materials processing and precision machining applications . diode and direct-diode lasers address a wide variety of applications , including laser pumping , thermal exposure , illumination , ophthalmology , image recording , printing , plastic welding and selective soldering . gas lasers such as argon-ion and helium-neon lasers provide a stable , low-cost and reliable solution over a wide range of operating conditions , making them well-suited for complex , high-resolution oem applications such as flow cytometry , dna sequencing , graphics and imaging and semiconductor inspection . we also provide high-powered and ultrafast lasers for the industrial and scientific markets . manufacturers use high-power , ultrafast lasers to create micro parts for consumer electronics and to process semiconductor , led , and other types of chips . use of ultrafast lasers for micromachining applications is being driven primarily by the increasing use of consumer electronics and connected devices globally . our lasers customers include amada , asml holding , beckman coulter , disco , electro scientific industries ( recently acquired by mks instruments , a competitor of ours ) , han 's laser technology , kla-tencor , lasertec , life technologies , and nr electric . impact of covid-19 to our business the outbreak of the covid-19 has been declared a pandemic by the world health organization and continues to spread globally . the spread of covid-19 has caused public health officials to recommend , and governments to enact , precautions to mitigate the spread of the virus , including travel restrictions and bans , extensive social distancing guidelines and issuing a “ shelter-in-place ” order in many regions of the world . the pandemic and these related responses have caused , and are expected to continue to cause a global slowdown of economic activity ( including the decrease in demand for a broad variety of goods and services ) , disruptions in global supply chains and significant volatility and disruption of financial markets . we have adopted several measures in response to the covid-19 outbreak including complying with local , state or federal orders that require employees to work from home , instructing employees to work from home in certain jurisdictions , limiting the number of employees onsite which slowed our manufacturing operations in certain countries , enhanced use of personal protective equipment and restricting non-critical business travel by our employees . story_separator_special_tag unanticipated events and circumstances may occur that affect the accuracy of our assumptions , estimates and judgments . for example , if the price of our common stock were to significantly decrease combined with other adverse changes in market conditions , thus indicating that the underlying fair value of our reporting units may have decreased , we might be required to reassess the value of our goodwill in the period such circumstances were identified . if we determine that as a result of the qualitative assessment that it is more likely than not ( i.e . , greater than 50 % likelihood ) that the fair value of a reporting unit is less than its carrying amount , then the quantitative test is required . otherwise , no further testing is required . the quantitative goodwill impairment test requires us to estimate the fair value of our reporting units . if the carrying value of a reporting unit exceeds its fair value , the goodwill of that reporting unit is potentially impaired and we record an impairment loss equal to the excess of the carrying value of the reporting unit 's goodwill over its fair value , not to exceed the carrying amount of goodwill . the fair value of each of our goodwill reporting units is generally estimated using a combination of public company multiples and discounted cash flow methodologies . 40 based on the impairment analysis performed in the fourth quarter of each year presented , the fair value of our reporting units substantially exceeded the carrying value ; as such , our annual qualitative assessment did not indicate that a more detailed quantitative analysis was necessary . in many cases , the accounting treatment of a particular transaction is specifically dictated by gaap and does not require management 's judgment in its application . there are also areas in which management 's judgment in selecting among available alternatives would not produce a materially different result . our senior management has reviewed our critical accounting policies and related disclosures with the audit committee of our board of directors . recently issued accounting pronouncements refer to “ note 2. recently issued accounting pronouncements ” in the notes to consolidated financial statements . results of operations the results of operations for the periods presented are not necessarily indicative of results to be expected for future periods . the following table summarizes selected consolidated statements of operations items as a percentage of net revenue : 41 replace_table_token_5_th 42 financial data for fiscal 2020 , 2019 and 2018 the following table summarizes selected consolidated statements of operations items ( in millions , except for percentages ) : replace_table_token_6_th net revenue net revenue increased by $ 113.3 million , or 7.2 % , during fiscal 2020 compared to fiscal 2019. this increase was primarily due to the increased sales of telecom and datacom of $ 68.9 million and consumer and industrial of $ 76.0 million , offset by decreased sales of lasers of $ 31.6 million . opcomms net revenue increased by $ 144.9 million , or 10.6 % , during fiscal 2020 compared to fiscal 2019 , primarily driven by increased sales of telecom and datacom products , driven by the acquisition of oclaro , as well as increased sales in 3d sensing products for mobile devices . lasers net revenue decreased by $ 31.6 million , or 16.2 % , during fiscal 2020 compared to fiscal 2019 , primarily due to decreased sales of our kilowatt class fiber lasers . net revenue increased by $ 317.6 million , or 25.5 % , during fiscal 2019 compared to fiscal 2018. this increase was primarily due to the acquisition of oclaro , which closed in december 2018 , and organic growth in our telecom business . opcomms net revenue increased by $ 311.0 million , or 29.4 % , during fiscal 2019 compared to fiscal 2018 , primarily driven by increased sales of telecom products of $ 310.2 million , specifically roadm products . opcomms net revenue in fiscal 2019 includes $ 250.1 million from the acquisition of oclaro from the date of closing . 43 lasers net revenue increased by $ 6.6 million , or 3.5 % , during fiscal 2019 compared to fiscal 2018 , primarily due to increased sales of our kilowatt class fiber lasers , offset by lower sales of our solid state lasers products . during our fiscal 2020 , 2019 , and 2018 , net revenue generated from a single customer which represented 10 % or greater of total net revenue is summarized as follows : replace_table_token_7_th revenue by region we operate in three geographic regions : americas , asia-pacific and emea . net revenue is assigned to the geographic region and country where our product is initially shipped . for example , certain customers may request shipment of our product to a contract manufacturer in one country , however , the location of the end customers may differ . the following table presents net revenue by the three geographic regions we operate in and net revenue from countries within those regions that represented 10 % or more of our total net revenue ( in millions , except for percentages ) : replace_table_token_8_th during fiscal 2020 , 2019 and 2018 , net revenue from customers outside the united states , based on customer shipping location , represented 91.1 % , 93.6 % and 90.8 % of net revenue , respectively . 44 gross margin and segment gross margin the following table summarizes segment gross margin for fiscal 2020 , 2019 and 2018 ( in millions , except for percentages ) : replace_table_token_9_th ( 1 ) in fiscal 2020 and 2019 , we recorded inventory and fixed assets write down charges of $ 7.0 million and $ 20.8 million related to the decision to exit the datacom module and lithium niobate product lines . ( 2 ) “ other charges ” of unallocated corporate items for the year

cash provided by operating activities of $ 524.3 million during the year ended june 27 , 2020 , primarily resulted from $ 323.4 million of non-cash items ( such as depreciation , stock-based compensation , amortization of intangibles , amortization of debt discount and debt issuance costs on our term loan and the notes , and other non-cash items ) , net income of $ 135.5 million , and $ 65.4 million of changes in our operating assets and liabilities . cash used in investing activities of $ 987.7 million during the year ended june 27 , 2020 , was primarily attributable to purchases of short-term investments , net of sales and maturities of $ 917.8 million . in addition , we had capital expenditures of $ 86.0 million , payment for asset acquisition of $ 4.0 million , offset by proceeds from sales of product lines of $ 20.1 million . cash provided by financing activities of $ 328.8 million during the year ended june 27 , 2020 , primarily resulted from the proceeds of the issuance of the 2026 notes of $ 1,042.2 million , net of issuance costs , offset by repayment of our term loan facility of $ 497.5 million and the repurchase of shares of our common stock of $ 200.0 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.
     ```cash provided by operating activities of $ 524.3 million during the year ended june 27 , 2020 , primarily resulted from $ 323.4 million of non-cash items ( such as depreciation , stock-based compensation , amortization of intangibles , amortization of debt discount and debt issuance costs on our term loan and the notes , and other non-cash items ) , net income of $ 135.5 million , and $ 65.4 million of changes in our operating assets and liabilities . cash used in investing activities of $ 987.7 million during the year ended june 27 , 2020 , was primarily attributable to purchases of short-term investments , net of sales and maturities of $ 917.8 million . in addition , we had capital expenditures of $ 86.0 million , payment for asset acquisition of $ 4.0 million , offset by proceeds from sales of product lines of $ 20.1 million . cash provided by financing activities of $ 328.8 million during the year ended june 27 , 2020 , primarily resulted from the proceeds of the issuance of the 2026 notes of $ 1,042.2 million , net of issuance costs , offset by repayment of our term loan facility of $ 497.5 million and the repurchase of shares of our common stock of $ 200.0 million .
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 Suspicious Activity Report : our products include vertical cavity surface emitting lasers ( “ vcsels ” ) and edge emitting lasers which are used in 3d sensing depth imaging systems . these systems simplify the way people interact with technology by enabling the use of natural user interfaces . systems are used for biometric identification , surveillance , and process efficiency , among numerous other application spaces . emerging applications for this technology include various mobile device applications , autonomous vehicles , self-navigating robotics and drones in industrial applications and 3d capture of objects coupled with 3d printing . in addition , our industrial diode lasers are used primarily as pump sources for pulsed and kilowatt class fiber lasers . our opcomms customers include alphabet , apple , ciena , cisco systems ( which announced the acquisition of acacia communications , another customer of ours ) , huawei technologies ( including hisilicon ) , infinera , innolight , nokia networks ( including alcatel-lucent international ) , o-net , and zte . 35 following the acquisition of oclaro , during our fiscal 2019 , we made several strategic changes to our opcomms business to better position it for growth and profitability . these changes included attaining acquisition cost synergies related to redundant capabilities and divestiture of telecom lithium niobate modulators and datacom transceiver modules because of their muted growth and profitability trends . these changes were substantially completed in fiscal 2020. we expect our indium phosphide photonic integrated circuits will continue to replace lithium niobate modulators over time and focusing on the development and sale of datacom chips has enabled us to participate in the growth of the datacom and 5g wireless markets . related to the strategic changes in our opcomms business , we entered into two strategic transactions to sell some of the discontinued product lines . in the second quarter of fiscal year 2020 , we entered into an agreement with advanced fiber resources ( zhuhai ) ltd. ( “ afr ” ) , a leading provider of passive optical components , to sell the assets associated with certain lithium niobate product lines manufactured by our san donato site for $ 17.0 million . the transaction was closed in the third quarter of fiscal year 2020. for further information regarding this transaction , refer to “ note 5. assets and liabilities held for sale ” in the notes to consolidated financial statements . on april 18 , 2019 , we closed a transaction selling many of our datacom transceiver module product lines to cambridge industries group ( “ cig ” ) . for further information regarding this transaction , refer to “ note 4. business combinations ” in the notes to consolidated financial statements . lasers our lasers products serve our customers in markets and applications such as sheet metal processing , general manufacturing , biotechnology , graphics and imaging , remote sensing , and precision machining such as drilling in printed circuit boards , wafer singulation , glass cutting and solar cell scribing . our lasers products are used in a variety of oem applications including diode-pumped solid-state , fiber , diode , direct-diode and gas lasers such as argon-ion and helium-neon lasers . fiber lasers provide kw-class output powers combined with excellent beam quality and are used in sheet metal processing and metal welding applications . diode-pumped solid-state lasers provide excellent beam quality , low noise and exceptional reliability and are used in biotechnology , graphics and imaging , remote sensing , materials processing and precision machining applications . diode and direct-diode lasers address a wide variety of applications , including laser pumping , thermal exposure , illumination , ophthalmology , image recording , printing , plastic welding and selective soldering . gas lasers such as argon-ion and helium-neon lasers provide a stable , low-cost and reliable solution over a wide range of operating conditions , making them well-suited for complex , high-resolution oem applications such as flow cytometry , dna sequencing , graphics and imaging and semiconductor inspection . we also provide high-powered and ultrafast lasers for the industrial and scientific markets . manufacturers use high-power , ultrafast lasers to create micro parts for consumer electronics and to process semiconductor , led , and other types of chips . use of ultrafast lasers for micromachining applications is being driven primarily by the increasing use of consumer electronics and connected devices globally . our lasers customers include amada , asml holding , beckman coulter , disco , electro scientific industries ( recently acquired by mks instruments , a competitor of ours ) , han 's laser technology , kla-tencor , lasertec , life technologies , and nr electric . impact of covid-19 to our business the outbreak of the covid-19 has been declared a pandemic by the world health organization and continues to spread globally . the spread of covid-19 has caused public health officials to recommend , and governments to enact , precautions to mitigate the spread of the virus , including travel restrictions and bans , extensive social distancing guidelines and issuing a “ shelter-in-place ” order in many regions of the world . the pandemic and these related responses have caused , and are expected to continue to cause a global slowdown of economic activity ( including the decrease in demand for a broad variety of goods and services ) , disruptions in global supply chains and significant volatility and disruption of financial markets . we have adopted several measures in response to the covid-19 outbreak including complying with local , state or federal orders that require employees to work from home , instructing employees to work from home in certain jurisdictions , limiting the number of employees onsite which slowed our manufacturing operations in certain countries , enhanced use of personal protective equipment and restricting non-critical business travel by our employees . story_separator_special_tag unanticipated events and circumstances may occur that affect the accuracy of our assumptions , estimates and judgments . for example , if the price of our common stock were to significantly decrease combined with other adverse changes in market conditions , thus indicating that the underlying fair value of our reporting units may have decreased , we might be required to reassess the value of our goodwill in the period such circumstances were identified . if we determine that as a result of the qualitative assessment that it is more likely than not ( i.e . , greater than 50 % likelihood ) that the fair value of a reporting unit is less than its carrying amount , then the quantitative test is required . otherwise , no further testing is required . the quantitative goodwill impairment test requires us to estimate the fair value of our reporting units . if the carrying value of a reporting unit exceeds its fair value , the goodwill of that reporting unit is potentially impaired and we record an impairment loss equal to the excess of the carrying value of the reporting unit 's goodwill over its fair value , not to exceed the carrying amount of goodwill . the fair value of each of our goodwill reporting units is generally estimated using a combination of public company multiples and discounted cash flow methodologies . 40 based on the impairment analysis performed in the fourth quarter of each year presented , the fair value of our reporting units substantially exceeded the carrying value ; as such , our annual qualitative assessment did not indicate that a more detailed quantitative analysis was necessary . in many cases , the accounting treatment of a particular transaction is specifically dictated by gaap and does not require management 's judgment in its application . there are also areas in which management 's judgment in selecting among available alternatives would not produce a materially different result . our senior management has reviewed our critical accounting policies and related disclosures with the audit committee of our board of directors . recently issued accounting pronouncements refer to “ note 2. recently issued accounting pronouncements ” in the notes to consolidated financial statements . results of operations the results of operations for the periods presented are not necessarily indicative of results to be expected for future periods . the following table summarizes selected consolidated statements of operations items as a percentage of net revenue : 41 replace_table_token_5_th 42 financial data for fiscal 2020 , 2019 and 2018 the following table summarizes selected consolidated statements of operations items ( in millions , except for percentages ) : replace_table_token_6_th net revenue net revenue increased by $ 113.3 million , or 7.2 % , during fiscal 2020 compared to fiscal 2019. this increase was primarily due to the increased sales of telecom and datacom of $ 68.9 million and consumer and industrial of $ 76.0 million , offset by decreased sales of lasers of $ 31.6 million . opcomms net revenue increased by $ 144.9 million , or 10.6 % , during fiscal 2020 compared to fiscal 2019 , primarily driven by increased sales of telecom and datacom products , driven by the acquisition of oclaro , as well as increased sales in 3d sensing products for mobile devices . lasers net revenue decreased by $ 31.6 million , or 16.2 % , during fiscal 2020 compared to fiscal 2019 , primarily due to decreased sales of our kilowatt class fiber lasers . net revenue increased by $ 317.6 million , or 25.5 % , during fiscal 2019 compared to fiscal 2018. this increase was primarily due to the acquisition of oclaro , which closed in december 2018 , and organic growth in our telecom business . opcomms net revenue increased by $ 311.0 million , or 29.4 % , during fiscal 2019 compared to fiscal 2018 , primarily driven by increased sales of telecom products of $ 310.2 million , specifically roadm products . opcomms net revenue in fiscal 2019 includes $ 250.1 million from the acquisition of oclaro from the date of closing . 43 lasers net revenue increased by $ 6.6 million , or 3.5 % , during fiscal 2019 compared to fiscal 2018 , primarily due to increased sales of our kilowatt class fiber lasers , offset by lower sales of our solid state lasers products . during our fiscal 2020 , 2019 , and 2018 , net revenue generated from a single customer which represented 10 % or greater of total net revenue is summarized as follows : replace_table_token_7_th revenue by region we operate in three geographic regions : americas , asia-pacific and emea . net revenue is assigned to the geographic region and country where our product is initially shipped . for example , certain customers may request shipment of our product to a contract manufacturer in one country , however , the location of the end customers may differ . the following table presents net revenue by the three geographic regions we operate in and net revenue from countries within those regions that represented 10 % or more of our total net revenue ( in millions , except for percentages ) : replace_table_token_8_th during fiscal 2020 , 2019 and 2018 , net revenue from customers outside the united states , based on customer shipping location , represented 91.1 % , 93.6 % and 90.8 % of net revenue , respectively . 44 gross margin and segment gross margin the following table summarizes segment gross margin for fiscal 2020 , 2019 and 2018 ( in millions , except for percentages ) : replace_table_token_9_th ( 1 ) in fiscal 2020 and 2019 , we recorded inventory and fixed assets write down charges of $ 7.0 million and $ 20.8 million related to the decision to exit the datacom module and lithium niobate product lines . ( 2 ) “ other charges ” of unallocated corporate items for the year

