16 results for the 2010 fiscal year ( dollars in millions except net income per share ) replace_table_token_4_th business activity in 2010 rebounded more quickly than management had anticipated . the company has been able to keep up with the steadily increasing demand , while realizing substantial productivity improvements , thanks in large part to maintaining and investing in its workforce readiness throughout the downturn . the operational efficiency of the company is demonstrated by its strong earnings numbers . generally , the company 's second quarter is its strongest , but business expanded in the fourth quarter , resulting in its highest revenue and earnings quarter of the year . that expansion has continued into the first quarter , as some of the company 's traditional markets gain strength . sales in 2010 were buoyed by new customers around the world . traditional markets like mining , construction and aerial work platforms appear to be gaining strength , which management believes is a good indication for 2011. the macroeconomic outlook is robust , the pmi continues to expand and all signals are positive . as capital goods industries remain strong , management believes sun will continue to grow and earnings will continue to rise . the company has a very strong first quarter forecast , and expects to remain busy . maintaining the company 's strong balance sheet and financial flexibility remains a key strategy . the company ended 2010 with cash and investments of $ 45.0 million , up $ 6.7 million from the previous year , an unused line of credit of $ 35.0 million , and zero dollars of long-term debt . the company continued to invest in its business in 2010 with capital expenditures for the year of approximately $ 3.9 million . the company has ample cash to do the things management believes are necessary to position the company to take the next step in its growth . dividends the company declared quarterly dividends of $ 0.09 per share that were paid on the 15th day of the month following the date of declaration . additionally , the company declared a one-time special cash dividend of $ 0.50 per share that was paid on november 30 , 2010 , to shareholders of record as of november 15 , 2010. in march 2011 , the board elected to once again apportion a shared distribution for employees and shareholders based on the company 's 2010 results . the shared distribution consists of a 9 % contribution of salaries to all eligible employees , most of which will be paid into retirement plans , and an $ 0.11 per share dividend to shareholders , totaling approximately $ 4.6 million . the shared distribution concept was introduced in 2008 as a way to reward both shareholders and employees when sun has a successful year . 17 the shared distribution dividend will be issued to shareholders of record on march 15 , 2011 , with payment on march 31 , 2011. outlook first quarter 2011 revenues are expected to be approximately $ 50 million , up approximately 58 % from the first quarter of 2010. earnings per share are estimated to be $ 0.50 to $ 0.53 compared to $ 0.20 in the same period a year ago . results of operations the following table sets forth , for the periods indicated , certain items in the company 's statements of operations as a percentage of net sales . replace_table_token_5_th segment information ( in thousands ) replace_table_token_6_th 18 comparison of years ended january 1 , 2011 and january 2 , 2010 net sales net sales were $ 150.7 million , an increase of $ 53.3 million , or 54.7 % , compared to $ 97.4 million in 2009. net sales increased 54.8 % excluding the effect of exchange rates . the increase in net sales was primarily driven by increased demand in our end markets , which primarily include capital goods equipment . price increases instituted in july 2010 accounted for approximately 1.5 % of total sales . new product sales ( defined as products introduced within the last five years ) generally made up 10-15 % of total sales in 2010. north american sales increased 51.3 % or $ 22.8 million , to $ 67.3 million in 2010 , asian sales increased 74.2 % or $ 12.8 million , to $ 30.1 million in 2010 , and european sales increased 46.9 % or $ 15.2 million , to $ 47.7 million in 2010. the u.s. reporting segment had sales of $ 94.1 million during 2010 , up $ 34.8 million or 58.7 % , compared to sales of $ 59.3 million during 2009. the increase was driven by demand in our end markets and the general upturn in the global economy . international sales out of the u.s. were $ 34.9 million during 2010 , up 83.7 % or $ 15.9 million , compared to $ 19.0 million during 2009. international sales out of the us include sales to europe , africa and the asia/pacific region . significant increases in sales were noted in almost all geographic regions . the korean reporting segment had sales of $ 16.3 million during 2010 , up $ 6.3 million or 63.2 % , compared to sales of $ 10.0 million during 2009. currency effect increased 2010 sales by approximately $ 1.4 million , the majority of which occurred in the first half of the year . the remaining increase was the result of efforts to expand and diversify the customer base , in addition to increased demand from existing customers . story_separator_special_tag dollar , the uk operations experienced losses related to sales conducted in u.s. dollars and from the revaluation of sun ltd. balance sheet items , which were held in u.s. dollars . the inverse was true of 2008. miscellaneous ( income ) expense , net miscellaneous expense was $ 0.4 million in 2009 compared to income of $ 0.1 million in 2008. the decrease in income is primarily related to a reduction in equity method investment earnings from the prior year . the prior year income was primarily a result of proceeds from an insurance claim . this amount was partially offset by a loss on disposal of assets and charitable contributions . income taxes the provision for income taxes for the year ended january 2 , 2010 , was 8.0 % of pretax income compared to a provision of 31.8 % for the year ended december 27 , 2008. the change was primarily due to the relative levels of income and different tax rates in effect among the countries in which the company sells its products , particularly from the tax benefit recognized in the u.s. story_separator_special_tag past . impairment of long-lived assets long-lived assets , such as property and equipment , and purchased intangibles subject to amortization , are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable . recoverability of the asset is measured by comparison of its carrying amount to future net cash flows the asset is expected to generate . if such assets are considered impaired , the impairment to be recognized is measured as the amount by which the carrying amount of the asset exceeds its fair value . accounts receivable the company sells to most of its customers on a recurring basis , primarily through distributors with which the company maintains long-term relationships . as a result , bad debt experience has not been material . the allowance for doubtful accounts is determined on a specific identification basis by a review of those accounts that are significantly in arrears . there can be no assurance that a distributor or a large direct sale customer with overdue accounts receivable balances will not develop financial difficulties and default on payment . see consolidated balance sheets for allowance amounts . inventory the company offers a wide variety of standard products and as a matter of policy does not discontinue products . on an ongoing basis , component parts found to be obsolete through design or process changes are disposed of and charged to material cost . the company reviews on-hand balances of products and component parts against specific criteria . products and component parts without usage or that have excess quantities on hand are evaluated . an inventory reserve is then established for the full inventory carrying value of those products and component parts deemed to be obsolete or slow moving . see note 5 to the financial statements for inventory reserve amounts . 25 goodwill the company acquired its korean operations in september 1998 using the purchase method . as a result , goodwill is reflected on the consolidated balance sheet . a valuation using a discounted cash flow method was performed at january 1 , 2011 , and january 2 , 2010. it was determined that the value of the goodwill was not impaired . there is no assurance that the value of the acquired company will not decrease in the future due to changing business conditions . see note 7 to the financial statements for goodwill amounts . accruals the company makes estimates related to certain employee benefits and miscellaneous accruals . estimates for employee benefit accruals are based on management 's assessment of estimated liabilities related to workers ' compensation , health care benefits and annual contributions to an employee stock ownership plan ( esop ) , established in 2004 as part of the company 's retirement plan . estimates for miscellaneous accruals are based on management 's assessment of estimated liabilities for costs incurred . the company accrues for health care benefit costs under a self-funded plan . the company purchases re-insurance for both specific and aggregate stop losses on claims that exceed $ 115 thousand on an individual basis and approximately $ 7.0 million on an aggregate basis . stock-based compensation all share-based compensation cost is measured at the grant date , based on the fair value of the award , and is recognized as an expense in earnings over the requisite service period . benefits of tax deductions in excess of recognized compensation costs are reported as a financing cash inflow . income taxes the company 's income tax policy provides for a liability approach under which deferred income taxes are provided for based upon enacted tax laws and rates applicable to the periods in which the taxes become payable . these differences result from items reported differently for financial reporting and income tax purposes , primarily depreciation , accrued expenses and reserves . the company reports a liability for unrecognized tax benefits resulting from unrecognized tax benefits taken or expected to be taken in a tax return . the company recognizes potential interest and penalties related to its unrecognized tax benefits in income tax expense . new accounting pronouncements in january 2010 , the financial accounting standards board ( fasb ) issued guidance amending the existing fair value measurements and disclosures guidance . the amendment requires new disclosures regarding the transfers in and out of level 1 and 2 fair value measurements and activity in level 3 fair value measurements . the amendment also clarifies existing disclosures regarding the level of disaggregated information as well as more disclosure around valuation techniques and inputs to fair value measurements . the guidance was effective for interim and annual reporting periods commencing after december 15 , 2009 , with a portion effective for fiscal years beginning after december 15 , 2010. the adoption of this guidance has not had

liquidity and capital resources historically , the company 's primary source of capital has been cash generated from operations , although short-term fluctuations in working capital requirements have been met through borrowings under revolving lines of credit as needed . the company 's principal uses of cash have been to pay operating expenses , pay dividends to shareholders , make capital expenditures , and service debt . net cash flow from operations in 2010 was $ 25.1 million , compared to $ 13.7 million in 2009 and $ 38.5 million in 2008. the $ 11.4 million increase in the company 's net cash flow from operations was due primarily to the increase in net income of $ 19.5 million , and changes in working capital relating to accounts receivable , inventories , accounts payable and accrued expenses . cash on hand increased $ 2.9 million from $ 30.4 million in 2009 to $ 33.3 million in 2010. the company had $ 11.6 million invested in available for sale securities at january 1 , 2011 , compared to $ 7.8 million invested in available for sale securities at january 2 , 2010. days sales outstanding decreased to 32 in 2010 from 42 in 2009 and inventory turns increased to 10.6 in 2010 from 8.5 in 2009. both days sales outstanding and inventory turns improved with the increased demand throughout 2010. the $ 24.9 million decrease in the company 's net cash flow from operations in 2009 was due primarily to the decrease in net income of $ 23.9 million . capital expenditures , consisting primarily of purchases of machinery and equipment , were $ 3.9 million in 2010 , compared to $ 3.4 million in 2009 and $ 8.4 million in 2008. also included in capital expenditures for the year ended january 2 , 2010 , and december 27 , 2008 , were land purchases equal to $ 1.7 million and $ 2.5 million , respectively . the company considers five factors when purchasing capital equipment ; to 23 increase capability , increase capacity , reduce hassle , comply with changes to legal regulations and to improve safety .


 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 historically , the company 's primary source of capital has been cash generated from operations , although short-term fluctuations in working capital requirements have been met through borrowings under revolving lines of credit as needed . the company 's principal uses of cash have been to pay operating expenses , pay dividends to shareholders , make capital expenditures , and service debt . net cash flow from operations in 2010 was $ 25.1 million , compared to $ 13.7 million in 2009 and $ 38.5 million in 2008. the $ 11.4 million increase in the company 's net cash flow from operations was due primarily to the increase in net income of $ 19.5 million , and changes in working capital relating to accounts receivable , inventories , accounts payable and accrued expenses . cash on hand increased $ 2.9 million from $ 30.4 million in 2009 to $ 33.3 million in 2010. the company had $ 11.6 million invested in available for sale securities at january 1 , 2011 , compared to $ 7.8 million invested in available for sale securities at january 2 , 2010. days sales outstanding decreased to 32 in 2010 from 42 in 2009 and inventory turns increased to 10.6 in 2010 from 8.5 in 2009. both days sales outstanding and inventory turns improved with the increased demand throughout 2010. the $ 24.9 million decrease in the company 's net cash flow from operations in 2009 was due primarily to the decrease in net income of $ 23.9 million . capital expenditures , consisting primarily of purchases of machinery and equipment , were $ 3.9 million in 2010 , compared to $ 3.4 million in 2009 and $ 8.4 million in 2008. also included in capital expenditures for the year ended january 2 , 2010 , and december 27 , 2008 , were land purchases equal to $ 1.7 million and $ 2.5 million , respectively . the company considers five factors when purchasing capital equipment ; to 23 increase capability , increase capacity , reduce hassle , comply with changes to legal regulations and to improve safety .
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 Suspicious Activity Report : 16 results for the 2010 fiscal year ( dollars in millions except net income per share ) replace_table_token_4_th business activity in 2010 rebounded more quickly than management had anticipated . the company has been able to keep up with the steadily increasing demand , while realizing substantial productivity improvements , thanks in large part to maintaining and investing in its workforce readiness throughout the downturn . the operational efficiency of the company is demonstrated by its strong earnings numbers . generally , the company 's second quarter is its strongest , but business expanded in the fourth quarter , resulting in its highest revenue and earnings quarter of the year . that expansion has continued into the first quarter , as some of the company 's traditional markets gain strength . sales in 2010 were buoyed by new customers around the world . traditional markets like mining , construction and aerial work platforms appear to be gaining strength , which management believes is a good indication for 2011. the macroeconomic outlook is robust , the pmi continues to expand and all signals are positive . as capital goods industries remain strong , management believes sun will continue to grow and earnings will continue to rise . the company has a very strong first quarter forecast , and expects to remain busy . maintaining the company 's strong balance sheet and financial flexibility remains a key strategy . the company ended 2010 with cash and investments of $ 45.0 million , up $ 6.7 million from the previous year , an unused line of credit of $ 35.0 million , and zero dollars of long-term debt . the company continued to invest in its business in 2010 with capital expenditures for the year of approximately $ 3.9 million . the company has ample cash to do the things management believes are necessary to position the company to take the next step in its growth . dividends the company declared quarterly dividends of $ 0.09 per share that were paid on the 15th day of the month following the date of declaration . additionally , the company declared a one-time special cash dividend of $ 0.50 per share that was paid on november 30 , 2010 , to shareholders of record as of november 15 , 2010. in march 2011 , the board elected to once again apportion a shared distribution for employees and shareholders based on the company 's 2010 results . the shared distribution consists of a 9 % contribution of salaries to all eligible employees , most of which will be paid into retirement plans , and an $ 0.11 per share dividend to shareholders , totaling approximately $ 4.6 million . the shared distribution concept was introduced in 2008 as a way to reward both shareholders and employees when sun has a successful year . 17 the shared distribution dividend will be issued to shareholders of record on march 15 , 2011 , with payment on march 31 , 2011. outlook first quarter 2011 revenues are expected to be approximately $ 50 million , up approximately 58 % from the first quarter of 2010. earnings per share are estimated to be $ 0.50 to $ 0.53 compared to $ 0.20 in the same period a year ago . results of operations the following table sets forth , for the periods indicated , certain items in the company 's statements of operations as a percentage of net sales . replace_table_token_5_th segment information ( in thousands ) replace_table_token_6_th 18 comparison of years ended january 1 , 2011 and january 2 , 2010 net sales net sales were $ 150.7 million , an increase of $ 53.3 million , or 54.7 % , compared to $ 97.4 million in 2009. net sales increased 54.8 % excluding the effect of exchange rates . the increase in net sales was primarily driven by increased demand in our end markets , which primarily include capital goods equipment . price increases instituted in july 2010 accounted for approximately 1.5 % of total sales . new product sales ( defined as products introduced within the last five years ) generally made up 10-15 % of total sales in 2010. north american sales increased 51.3 % or $ 22.8 million , to $ 67.3 million in 2010 , asian sales increased 74.2 % or $ 12.8 million , to $ 30.1 million in 2010 , and european sales increased 46.9 % or $ 15.2 million , to $ 47.7 million in 2010. the u.s. reporting segment had sales of $ 94.1 million during 2010 , up $ 34.8 million or 58.7 % , compared to sales of $ 59.3 million during 2009. the increase was driven by demand in our end markets and the general upturn in the global economy . international sales out of the u.s. were $ 34.9 million during 2010 , up 83.7 % or $ 15.9 million , compared to $ 19.0 million during 2009. international sales out of the us include sales to europe , africa and the asia/pacific region . significant increases in sales were noted in almost all geographic regions . the korean reporting segment had sales of $ 16.3 million during 2010 , up $ 6.3 million or 63.2 % , compared to sales of $ 10.0 million during 2009. currency effect increased 2010 sales by approximately $ 1.4 million , the majority of which occurred in the first half of the year . the remaining increase was the result of efforts to expand and diversify the customer base , in addition to increased demand from existing customers . story_separator_special_tag dollar , the uk operations experienced losses related to sales conducted in u.s. dollars and from the revaluation of sun ltd. balance sheet items , which were held in u.s. dollars . the inverse was true of 2008. miscellaneous ( income ) expense , net miscellaneous expense was $ 0.4 million in 2009 compared to income of $ 0.1 million in 2008. the decrease in income is primarily related to a reduction in equity method investment earnings from the prior year . the prior year income was primarily a result of proceeds from an insurance claim . this amount was partially offset by a loss on disposal of assets and charitable contributions . income taxes the provision for income taxes for the year ended january 2 , 2010 , was 8.0 % of pretax income compared to a provision of 31.8 % for the year ended december 27 , 2008. the change was primarily due to the relative levels of income and different tax rates in effect among the countries in which the company sells its products , particularly from the tax benefit recognized in the u.s. story_separator_special_tag past . impairment of long-lived assets long-lived assets , such as property and equipment , and purchased intangibles subject to amortization , are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable . recoverability of the asset is measured by comparison of its carrying amount to future net cash flows the asset is expected to generate . if such assets are considered impaired , the impairment to be recognized is measured as the amount by which the carrying amount of the asset exceeds its fair value . accounts receivable the company sells to most of its customers on a recurring basis , primarily through distributors with which the company maintains long-term relationships . as a result , bad debt experience has not been material . the allowance for doubtful accounts is determined on a specific identification basis by a review of those accounts that are significantly in arrears . there can be no assurance that a distributor or a large direct sale customer with overdue accounts receivable balances will not develop financial difficulties and default on payment . see consolidated balance sheets for allowance amounts . inventory the company offers a wide variety of standard products and as a matter of policy does not discontinue products . on an ongoing basis , component parts found to be obsolete through design or process changes are disposed of and charged to material cost . the company reviews on-hand balances of products and component parts against specific criteria . products and component parts without usage or that have excess quantities on hand are evaluated . an inventory reserve is then established for the full inventory carrying value of those products and component parts deemed to be obsolete or slow moving . see note 5 to the financial statements for inventory reserve amounts . 25 goodwill the company acquired its korean operations in september 1998 using the purchase method . as a result , goodwill is reflected on the consolidated balance sheet . a valuation using a discounted cash flow method was performed at january 1 , 2011 , and january 2 , 2010. it was determined that the value of the goodwill was not impaired . there is no assurance that the value of the acquired company will not decrease in the future due to changing business conditions . see note 7 to the financial statements for goodwill amounts . accruals the company makes estimates related to certain employee benefits and miscellaneous accruals . estimates for employee benefit accruals are based on management 's assessment of estimated liabilities related to workers ' compensation , health care benefits and annual contributions to an employee stock ownership plan ( esop ) , established in 2004 as part of the company 's retirement plan . estimates for miscellaneous accruals are based on management 's assessment of estimated liabilities for costs incurred . the company accrues for health care benefit costs under a self-funded plan . the company purchases re-insurance for both specific and aggregate stop losses on claims that exceed $ 115 thousand on an individual basis and approximately $ 7.0 million on an aggregate basis . stock-based compensation all share-based compensation cost is measured at the grant date , based on the fair value of the award , and is recognized as an expense in earnings over the requisite service period . benefits of tax deductions in excess of recognized compensation costs are reported as a financing cash inflow . income taxes the company 's income tax policy provides for a liability approach under which deferred income taxes are provided for based upon enacted tax laws and rates applicable to the periods in which the taxes become payable . these differences result from items reported differently for financial reporting and income tax purposes , primarily depreciation , accrued expenses and reserves . the company reports a liability for unrecognized tax benefits resulting from unrecognized tax benefits taken or expected to be taken in a tax return . the company recognizes potential interest and penalties related to its unrecognized tax benefits in income tax expense . new accounting pronouncements in january 2010 , the financial accounting standards board ( fasb ) issued guidance amending the existing fair value measurements and disclosures guidance . the amendment requires new disclosures regarding the transfers in and out of level 1 and 2 fair value measurements and activity in level 3 fair value measurements . the amendment also clarifies existing disclosures regarding the level of disaggregated information as well as more disclosure around valuation techniques and inputs to fair value measurements . the guidance was effective for interim and annual reporting periods commencing after december 15 , 2009 , with a portion effective for fiscal years beginning after december 15 , 2010. the adoption of this guidance has not had

