under the terms of its air cargo business contracts the major cost components of its operations , consisting principally of fuel , crew and other direct operating costs , and certain maintenance costs are reimbursed , without markup by its customer . significant increases in inflation rates could , however , have a material impact on future revenue and operating income . seasonality ggs 's business has historically been seasonal . the company has continued its efforts to reduce ggs 's seasonal fluctuation in revenues and earnings by increasing military and international sales and broadening its product line to increase revenues and earnings throughout the year . in june 1999 , ggs was awarded a four-year contract to supply deicing equipment to the united states air force , and subsequently was awarded two three-year extensions on the contract , which expired in june 2009. in july 2009 , ggs was awarded a new one-year contract with the united states air force with four additional one-year extension options . although sales remain somewhat seasonal , particularly with regard to commercial deicers which typically are delivered prior to the winter season , this diversification has lessened the seasonal impacts in recent years and allowed the company to be more efficient in its planning and production . if sales to the united states air force do not continue to be a significant component of ggs 's sales , seasonal patterns of revenues and earnings attributable to its commercial deicer business may resume . the overnight air cargo and ground support services segments are not susceptible to seasonal trends . critical accounting policies and estimates the company 's significant accounting policies are more fully described in note 1 of notes to the consolidated financial statements in item 8. the preparation of the company 's financial statements in conformity with accounting principles generally accepted in the united states requires the use of estimates and assumptions to determine certain assets , liabilities , revenues and expenses . management bases these estimates and assumptions upon the best information available at the time of the estimates or assumptions . the company 's estimates and assumptions could change materially as conditions within and beyond our control change . accordingly , actual results could differ materially from estimates . the company believes that the following are its most significant accounting policies : allowance for doubtful accounts . an allowance for doubtful accounts receivable is established based on management 's estimates of the collectability of accounts receivable . the required allowance is determined using information such as customer credit history , industry information , credit reports , customer financial condition and the collectability of outstanding accounts receivables . the estimates can be affected by changes in the financial strength of the aviation industry , customer credit issues or general economic conditions . 15 inventories . the company 's parts inventories are valued at the lower of cost or market . provisions for excess and obsolete inventories are based on assessment of the marketability of slow-moving and obsolete inventories . historical parts usage , current period sales , estimated future demand and anticipated transactions between willing buyers and sellers provide the basis for estimates . estimates are subject to volatility and can be affected by reduced equipment utilization , existing supplies of used inventory available for sale , the retirement of aircraft or ground equipment and changes in the financial strength of the aviation industry . warranty reserves . the company warranties its ground equipment products for up to a three-year period from date of sale . product warranty reserves are recorded at time of sale based on the historical average warranty cost and are adjusted as actual warranty cost becomes known . income taxes . income taxes have been provided using the liability method . deferred income taxes reflect the net affects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax reporting purposes using enacted rates expected to be in effect during the year in which the basis differences reverse . revenue recognition . cargo revenue is recognized upon completion of contract terms . maintenance and ground support services revenue is recognized when the service has been performed . revenue from product sales is recognized when contract terms are completed and ownership has passed to the customer . recent accounting pronouncements we do not believe there are any recently issued accounting standards that have not yet been adopted that will have a material impact on the company 's financial statements . forward looking statements certain statements in this report , including those contained in “ overview , ” are “ forward-looking ” statements within the meaning of the private securities litigation reform act of 1995 with respect to the company 's financial condition , results of operations , plans , objectives , future performance and business . forward-looking statements include those preceded by , followed by or that include the words “ believes ” , “ pending ” , “ future ” , “ expects , ” “ anticipates , ” “ estimates , ” “ depends ” or similar expressions . these forward-looking statements involve risks and uncertainties . actual results may differ materially from those contemplated by such forward-looking statements , because of , among other things , potential risks and uncertainties , such as : · economic conditions in the company 's markets ; · the risk that contracts with fedex could be terminated ; · the risk that the number of aircraft operated for fedex will be further reduced ; · the risk that the united states air force will defer or substantially reduce orders under its new contract with ggs as compared to order levels under the prior contract ; · the risk that gas will be unable to obtain a new contract with delta airlines or find alternative sources of revenue to replace that contract ; · the impact of any terrorist story_separator_special_tag under the terms of its air cargo business contracts the major cost components of its operations , consisting principally of fuel , crew and other direct operating costs , and certain maintenance costs are reimbursed , without markup by its customer . significant increases in inflation rates could , however , have a material impact on future revenue and operating income . seasonality ggs 's business has historically been seasonal . the company has continued its efforts to reduce ggs 's seasonal fluctuation in revenues and earnings by increasing military and international sales and broadening its product line to increase revenues and earnings throughout the year . in june 1999 , ggs was awarded a four-year contract to supply deicing equipment to the united states air force , and subsequently was awarded two three-year extensions on the contract , which expired in june 2009. in july 2009 , ggs was awarded a new one-year contract with the united states air force with four additional one-year extension options . although sales remain somewhat seasonal , particularly with regard to commercial deicers which typically are delivered prior to the winter season , this diversification has lessened the seasonal impacts in recent years and allowed the company to be more efficient in its planning and production . if sales to the united states air force do not continue to be a significant component of ggs 's sales , seasonal patterns of revenues and earnings attributable to its commercial deicer business may resume . the overnight air cargo and ground support services segments are not susceptible to seasonal trends . critical accounting policies and estimates the company 's significant accounting policies are more fully described in note 1 of notes to the consolidated financial statements in item 8. the preparation of the company 's financial statements in conformity with accounting principles generally accepted in the united states requires the use of estimates and assumptions to determine certain assets , liabilities , revenues and expenses . management bases these estimates and assumptions upon the best information available at the time of the estimates or assumptions . the company 's estimates and assumptions could change materially as conditions within and beyond our control change . accordingly , actual results could differ materially from estimates . the company believes that the following are its most significant accounting policies : allowance for doubtful accounts . an allowance for doubtful accounts receivable is established based on management 's estimates of the collectability of accounts receivable . the required allowance is determined using information such as customer credit history , industry information , credit reports , customer financial condition and the collectability of outstanding accounts receivables . the estimates can be affected by changes in the financial strength of the aviation industry , customer credit issues or general economic conditions . 15 inventories . the company 's parts inventories are valued at the lower of cost or market . provisions for excess and obsolete inventories are based on assessment of the marketability of slow-moving and obsolete inventories . historical parts usage , current period sales , estimated future demand and anticipated transactions between willing buyers and sellers provide the basis for estimates . estimates are subject to volatility and can be affected by reduced equipment utilization , existing supplies of used inventory available for sale , the retirement of aircraft or ground equipment and changes in the financial strength of the aviation industry . warranty reserves . the company warranties its ground equipment products for up to a three-year period from date of sale . product warranty reserves are recorded at time of sale based on the historical average warranty cost and are adjusted as actual warranty cost becomes known . income taxes . income taxes have been provided using the liability method . deferred income taxes reflect the net affects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax reporting purposes using enacted rates expected to be in effect during the year in which the basis differences reverse . revenue recognition . cargo revenue is recognized upon completion of contract terms . maintenance and ground support services revenue is recognized when the service has been performed . revenue from product sales is recognized when contract terms are completed and ownership has passed to the customer . recent accounting pronouncements we do not believe there are any recently issued accounting standards that have not yet been adopted that will have a material impact on the company 's financial statements . forward looking statements certain statements in this report , including those contained in “ overview , ” are “ forward-looking ” statements within the meaning of the private securities litigation reform act of 1995 with respect to the company 's financial condition , results of operations , plans , objectives , future performance and business . forward-looking statements include those preceded by , followed by or that include the words “ believes ” , “ pending ” , “ future ” , “ expects , ” “ anticipates , ” “ estimates , ” “ depends ” or similar expressions . these forward-looking statements involve risks and uncertainties . actual results may differ materially from those contemplated by such forward-looking statements , because of , among other things , potential risks and uncertainties , such as : · economic conditions in the company 's markets ; · the risk that contracts with fedex could be terminated ; · the risk that the number of aircraft operated for fedex will be further reduced ; · the risk that the united states air force will defer or substantially reduce orders under its new contract with ggs as compared to order levels under the prior contract ; · the risk that gas will be unable to obtain a new contract with delta airlines or find alternative sources of revenue to replace that contract ; · the impact of any terrorist

liquidity and capital resources as of march 31 , 2010 , the company held approximately $ 12.0 million in cash and cash equivalents and short-term investments . of this amount , $ 10.9 million was invested in liquid money market accounts , certificates of deposit placed through an account registry service ( “ cdars ” ) with original maturities ranging from 90 days to 26 weeks and a 15-month bank certificate of deposit . all invested amounts are fully insured by the federal deposit insurance corporation ( “ fdic ” ) , with the exception of $ 2.6 million held in money market accounts . as of march 31 , 2010 , the company 's working capital amounted to $ 21,583,000 , an increase of $ 3,887,000 compared to march 31 , 2009. the increase resulted principally from the earnings generated from operations , which is our primary source of liquidity . the company has a $ 7,000,000 secured long-term revolving credit line with an expiration date of august 31 , 2011. the revolving credit line contains customary events of default , a subjective acceleration clause and a fixed charge coverage requirement , with which the company was in compliance at march 31 , 2010. the company had no outstanding obligations under its line of credit at march 31 , 2010 and 2009. see note 6 in the consolidated financial statements , included elsewhere in this report , for further discussion . the company is exposed to changes in interest rates on its line of credit .


 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 as of march 31 , 2010 , the company held approximately $ 12.0 million in cash and cash equivalents and short-term investments . of this amount , $ 10.9 million was invested in liquid money market accounts , certificates of deposit placed through an account registry service ( “ cdars ” ) with original maturities ranging from 90 days to 26 weeks and a 15-month bank certificate of deposit . all invested amounts are fully insured by the federal deposit insurance corporation ( “ fdic ” ) , with the exception of $ 2.6 million held in money market accounts . as of march 31 , 2010 , the company 's working capital amounted to $ 21,583,000 , an increase of $ 3,887,000 compared to march 31 , 2009. the increase resulted principally from the earnings generated from operations , which is our primary source of liquidity . the company has a $ 7,000,000 secured long-term revolving credit line with an expiration date of august 31 , 2011. the revolving credit line contains customary events of default , a subjective acceleration clause and a fixed charge coverage requirement , with which the company was in compliance at march 31 , 2010. the company had no outstanding obligations under its line of credit at march 31 , 2010 and 2009. see note 6 in the consolidated financial statements , included elsewhere in this report , for further discussion . the company is exposed to changes in interest rates on its line of credit .
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 Suspicious Activity Report : under the terms of its air cargo business contracts the major cost components of its operations , consisting principally of fuel , crew and other direct operating costs , and certain maintenance costs are reimbursed , without markup by its customer . significant increases in inflation rates could , however , have a material impact on future revenue and operating income . seasonality ggs 's business has historically been seasonal . the company has continued its efforts to reduce ggs 's seasonal fluctuation in revenues and earnings by increasing military and international sales and broadening its product line to increase revenues and earnings throughout the year . in june 1999 , ggs was awarded a four-year contract to supply deicing equipment to the united states air force , and subsequently was awarded two three-year extensions on the contract , which expired in june 2009. in july 2009 , ggs was awarded a new one-year contract with the united states air force with four additional one-year extension options . although sales remain somewhat seasonal , particularly with regard to commercial deicers which typically are delivered prior to the winter season , this diversification has lessened the seasonal impacts in recent years and allowed the company to be more efficient in its planning and production . if sales to the united states air force do not continue to be a significant component of ggs 's sales , seasonal patterns of revenues and earnings attributable to its commercial deicer business may resume . the overnight air cargo and ground support services segments are not susceptible to seasonal trends . critical accounting policies and estimates the company 's significant accounting policies are more fully described in note 1 of notes to the consolidated financial statements in item 8. the preparation of the company 's financial statements in conformity with accounting principles generally accepted in the united states requires the use of estimates and assumptions to determine certain assets , liabilities , revenues and expenses . management bases these estimates and assumptions upon the best information available at the time of the estimates or assumptions . the company 's estimates and assumptions could change materially as conditions within and beyond our control change . accordingly , actual results could differ materially from estimates . the company believes that the following are its most significant accounting policies : allowance for doubtful accounts . an allowance for doubtful accounts receivable is established based on management 's estimates of the collectability of accounts receivable . the required allowance is determined using information such as customer credit history , industry information , credit reports , customer financial condition and the collectability of outstanding accounts receivables . the estimates can be affected by changes in the financial strength of the aviation industry , customer credit issues or general economic conditions . 15 inventories . the company 's parts inventories are valued at the lower of cost or market . provisions for excess and obsolete inventories are based on assessment of the marketability of slow-moving and obsolete inventories . historical parts usage , current period sales , estimated future demand and anticipated transactions between willing buyers and sellers provide the basis for estimates . estimates are subject to volatility and can be affected by reduced equipment utilization , existing supplies of used inventory available for sale , the retirement of aircraft or ground equipment and changes in the financial strength of the aviation industry . warranty reserves . the company warranties its ground equipment products for up to a three-year period from date of sale . product warranty reserves are recorded at time of sale based on the historical average warranty cost and are adjusted as actual warranty cost becomes known . income taxes . income taxes have been provided using the liability method . deferred income taxes reflect the net affects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax reporting purposes using enacted rates expected to be in effect during the year in which the basis differences reverse . revenue recognition . cargo revenue is recognized upon completion of contract terms . maintenance and ground support services revenue is recognized when the service has been performed . revenue from product sales is recognized when contract terms are completed and ownership has passed to the customer . recent accounting pronouncements we do not believe there are any recently issued accounting standards that have not yet been adopted that will have a material impact on the company 's financial statements . forward looking statements certain statements in this report , including those contained in “ overview , ” are “ forward-looking ” statements within the meaning of the private securities litigation reform act of 1995 with respect to the company 's financial condition , results of operations , plans , objectives , future performance and business . forward-looking statements include those preceded by , followed by or that include the words “ believes ” , “ pending ” , “ future ” , “ expects , ” “ anticipates , ” “ estimates , ” “ depends ” or similar expressions . these forward-looking statements involve risks and uncertainties . actual results may differ materially from those contemplated by such forward-looking statements , because of , among other things , potential risks and uncertainties , such as : · economic conditions in the company 's markets ; · the risk that contracts with fedex could be terminated ; · the risk that the number of aircraft operated for fedex will be further reduced ; · the risk that the united states air force will defer or substantially reduce orders under its new contract with ggs as compared to order levels under the prior contract ; · the risk that gas will be unable to obtain a new contract with delta airlines or find alternative sources of revenue to replace that contract ; · the impact of any terrorist story_separator_special_tag under the terms of its air cargo business contracts the major cost components of its operations , consisting principally of fuel , crew and other direct operating costs , and certain maintenance costs are reimbursed , without markup by its customer . significant increases in inflation rates could , however , have a material impact on future revenue and operating income . seasonality ggs 's business has historically been seasonal . the company has continued its efforts to reduce ggs 's seasonal fluctuation in revenues and earnings by increasing military and international sales and broadening its product line to increase revenues and earnings throughout the year . in june 1999 , ggs was awarded a four-year contract to supply deicing equipment to the united states air force , and subsequently was awarded two three-year extensions on the contract , which expired in june 2009. in july 2009 , ggs was awarded a new one-year contract with the united states air force with four additional one-year extension options . although sales remain somewhat seasonal , particularly with regard to commercial deicers which typically are delivered prior to the winter season , this diversification has lessened the seasonal impacts in recent years and allowed the company to be more efficient in its planning and production . if sales to the united states air force do not continue to be a significant component of ggs 's sales , seasonal patterns of revenues and earnings attributable to its commercial deicer business may resume . the overnight air cargo and ground support services segments are not susceptible to seasonal trends . critical accounting policies and estimates the company 's significant accounting policies are more fully described in note 1 of notes to the consolidated financial statements in item 8. the preparation of the company 's financial statements in conformity with accounting principles generally accepted in the united states requires the use of estimates and assumptions to determine certain assets , liabilities , revenues and expenses . management bases these estimates and assumptions upon the best information available at the time of the estimates or assumptions . the company 's estimates and assumptions could change materially as conditions within and beyond our control change . accordingly , actual results could differ materially from estimates . the company believes that the following are its most significant accounting policies : allowance for doubtful accounts . an allowance for doubtful accounts receivable is established based on management 's estimates of the collectability of accounts receivable . the required allowance is determined using information such as customer credit history , industry information , credit reports , customer financial condition and the collectability of outstanding accounts receivables . the estimates can be affected by changes in the financial strength of the aviation industry , customer credit issues or general economic conditions . 15 inventories . the company 's parts inventories are valued at the lower of cost or market . provisions for excess and obsolete inventories are based on assessment of the marketability of slow-moving and obsolete inventories . historical parts usage , current period sales , estimated future demand and anticipated transactions between willing buyers and sellers provide the basis for estimates . estimates are subject to volatility and can be affected by reduced equipment utilization , existing supplies of used inventory available for sale , the retirement of aircraft or ground equipment and changes in the financial strength of the aviation industry . warranty reserves . the company warranties its ground equipment products for up to a three-year period from date of sale . product warranty reserves are recorded at time of sale based on the historical average warranty cost and are adjusted as actual warranty cost becomes known . income taxes . income taxes have been provided using the liability method . deferred income taxes reflect the net affects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax reporting purposes using enacted rates expected to be in effect during the year in which the basis differences reverse . revenue recognition . cargo revenue is recognized upon completion of contract terms . maintenance and ground support services revenue is recognized when the service has been performed . revenue from product sales is recognized when contract terms are completed and ownership has passed to the customer . recent accounting pronouncements we do not believe there are any recently issued accounting standards that have not yet been adopted that will have a material impact on the company 's financial statements . forward looking statements certain statements in this report , including those contained in “ overview , ” are “ forward-looking ” statements within the meaning of the private securities litigation reform act of 1995 with respect to the company 's financial condition , results of operations , plans , objectives , future performance and business . forward-looking statements include those preceded by , followed by or that include the words “ believes ” , “ pending ” , “ future ” , “ expects , ” “ anticipates , ” “ estimates , ” “ depends ” or similar expressions . these forward-looking statements involve risks and uncertainties . actual results may differ materially from those contemplated by such forward-looking statements , because of , among other things , potential risks and uncertainties , such as : · economic conditions in the company 's markets ; · the risk that contracts with fedex could be terminated ; · the risk that the number of aircraft operated for fedex will be further reduced ; · the risk that the united states air force will defer or substantially reduce orders under its new contract with ggs as compared to order levels under the prior contract ; · the risk that gas will be unable to obtain a new contract with delta airlines or find alternative sources of revenue to replace that contract ; · the impact of any terrorist

