the animal health business expects its historical seasonality trends to continue in the foreseeable future . working capital the animal health business ' principal capital requirements include the funding of working capital needs , funding of strategic investments and purchases of fixed assets . the animal health business requires substantial working capital , which is susceptible to fluctuations during the year as a result of levels of accounts receivables , inventory purchase patterns and seasonal demands . inventory purchase activity is a function of sales activity , special inventory forward buy-in opportunities and the animal health business ' desired level of inventory . plans of restructuring on november 6 , 2014 , henry schein announced a company-wide initiative to rationalize operations and provide expense efficiencies . this initiative planned for the elimination of certain workforce positions and the closing of certain facilities . in conjunction with this initiative , the animal health business eliminated approximately 180 positions and recorded restructuring costs of $ 8.3 million and $ 7.3 million associated with these actions in the fiscal year ended december 26 , 2015 and the fiscal year ended december 31 , 2016 , respectively . the costs associated with this restructuring are included in a separate line item , restructuring costs within the animal health business ' combined statements of operations . as of december 31 , 2016 , these restructuring activities were complete and no additional restructuring charges were incurred in the fiscal year ended december 30 , 2017. on july 9 , 2018 , henry schein announced a company-wide initiative to further rationalize operations and provide expense efficiencies . in conjunction with this initiative , the animal health business eliminated 142 positions and recorded restructuring costs of $ 8.5 million during the fiscal year ended december 29 , 2018. the costs associated with this restructuring are included in a separate line item , restructuring costs within the animal health business ' combined statements of operations . gross profit as a result of different practices of categorizing costs associated with distribution networks throughout the animal health industry , the gross margins of the supply chain segment may not necessarily be comparable to its competitors . the animal health business realizes substantially higher gross margin percentages in its technology and value-added services segment than in its supply chain segment . these higher gross margins result from the animal health business being both the developer and seller of software products and services . the tax act on december 22 , 2017 , the u.s. government passed the tax act . the tax act is comprehensive tax legislation that implements complex changes to the code including the reduction of the corporate tax rate from 38 35 % to 21 % , modification of accelerated depreciation , the repeal of the domestic manufacturing deduction and changes to the limitations of the deductibility of interest . additionally , the tax act moves from a global tax regime to a modified territorial regime , which requires u.s. companies to pay a mandatory one-time transition tax on historical offshore earnings that have not been repatriated to the united states . the tax act also includes provisions for tax global intangible low-taxes income , or gilti , foreign derived intangible income , or fdii , a base erosion and anti-abuse tax , or beat , that imposes tax on certain foreign related-party payments and code section 163 ( j ) interest limitation , or interest limitation . due to the complexities of the tax act , the sec staff issued staff accounting bulletin no . 118 , or sab 118 , that allows companies to record a provisional amount for any income tax effects of the tax act in accordance with accounting standard codification 740 , or asc 740 , to the extent that a reasonable estimate can be made . sab 118 allows for a measurement period of up to one year after the enactment date of the tax act to finalize the recording of the related tax impacts . the fasb staff q & a , topic 740 no . 5 , accounting for global intangible low-taxed income , states that an entity can make an accounting policy election to either recognize deferred taxes for temporary differences expected to reverse as gilti in future years or provide for the tax expense related to gilti in the year the tax is incurred . the business elected to recognize the tax on gilti as a period expense in the period the tax is incurred . in the fourth quarter of 2017 , the animal health business recorded provisional amounts related to the tax act for any items that could be reasonably estimated at the time . this included the one-time transition tax that the animal health business estimated to be $ 13.0 million and a net deferred tax expense of $ 7.3 million attributable to the revaluation of deferred tax assets and liabilities due to the lower enacted federal income tax rate of 21 % . in the aggregate , for the quarter ended december 30 , 2017 , these tax act modifications resulted in a one-time tax expense of approximately $ 20.3 million . absent the effects of the transition tax , the revaluation of deferred tax assets and liabilities , and the adoption of accounting standards update , or asu , no . 2016-09 , stock compensation ( topic 718 ) , or asu 2016-09. asu 2016-09 , accounting for stock compensation , the business ' effective tax rate for the year ended december 30 , 2017 would have been 22.8 % as compared to the business ' actual effective tax rate of 34.6 % . for the year ended december 29 , 2018 , the business recorded a net $ 4.4 million additional expense for the one-time transition tax . the change was a result of additional analysis , changes in interpretation and assumptions , as well as additional regulatory guidance that was issued . story_separator_special_tag % . as a percentage of net sales , selling expenses for the year ended december 30 , 2017 were 5.2 % , the same as for the year ended december 31 , 2016. as a component of total selling , general and administrative expenses , general and administrative expenses were $ 329.8 million for the year ended december 30 , 2017 , compared to $ 312.8 million for the year ended december 31 , 2016 , an increase of $ 17.0 million , or 5.4 % . as a percentage of net sales , general and administrative expenses were 9.2 % for the year ended december 30 , 2017 , compared to 9.3 % for the year ended december 31 , 2016. selling , general and administrative expenses include expense allocations for : ( i ) certain corporate functions historically provided by henry schein , including accounting , legal , information services , planning , compliance , investor relations , administration and communication , and similar costs ; ( ii ) employee benefits and incentives ; and ( iii ) stock-based compensation . the allocations may not reflect the actual expenses that the animal health business would have incurred as a standalone company for the periods presented . during the years ended december 30 , 2017 and december 31 , 2016 , the business was allocated $ 58.7 million and $ 60.0 million , respectively , of general corporate expenses , which are included within selling , general and administrative expenses . other income , net other income , net for the fiscal years ended december 30 , 2017 and december 31 , 2016 was as follows : replace_table_token_12_th * not meaningful . other income , net was $ 3.4 million for the year ended december 30 , 2017 , compared to $ 2.9 million for the year ended december 31 , 2016 , an increase of $ 0.5 million , or 16.2 % . other , net was $ 0.9 million for the year ended december 30 , 2017 , an increase of $ 0.9 million from the year ended december 31 , 2016. the change was primarily due to investment proceeds and the impact of foreign currency exchange rates . income taxes for the year ended december 30 , 2017 , the effective tax rate of the animal health business was 34.6 % compared to 22.0 % for the year ended december 31 , 2016. the effective tax rate of the animal health business in 2017 was primarily higher due to the tax act and was favorably impacted in 2017 by the adoption of asu 2016-09. absent those impacts , the difference between the animal health business ' effective tax rate and the federal statutory tax rate for both periods primarily relates to state taxes , foreign income tax differential and pass through income from noncontrolling interest . net income net income was $ 92.0 million for the year ended december 30 , 2017 , compared to $ 100.3 million for the year ended december 31 , 2016 , a decrease of $ 8.3 million , or 8.3 % . 45 net income attributable to the animal health business net income attributable to the animal health business was $ 64.4 million for the year ended december 30 , 2017 , compared to $ 70.3 million for the year ended december 31 , 2016 , a decrease of $ 5.9 million , or 8.4 % . liquidity and capital resources the animal health business had historically participated in henry schein 's centralized treasury management , including centralized cash pooling and overall financing arrangements . the animal health business has generated and expects to continue to generate positive cash flow from operations . prior to the separation , net cash used in or provided by financing activities was due to transfers to and from henry schein , acquisitions of and distributions to noncontrolling interests and to a lesser extent , principal payments of long term debt . the components of net transfers included : ( i ) cash transfers from the animal health business to henry schein ; ( ii ) cash investments from henry schein used to fund operations , capital expenditures and acquisitions ; ( iii ) charges ( benefits ) for income taxes ; and ( iv ) allocations of henry schein 's corporate expenses described elsewhere in the notes of the combined financial statements . following the separation , the capital structure and sources of liquidity for the animal health business changed significantly . the animal health business no longer participates in cash management and funding arrangements with henry schein . instead , covetrus ' ability to fund the capital needs of the animal health business will depend on its ongoing ability to generate cash from operations , and access to the bank and capital markets . the animal health business ' primary future cash needs will be for working capital , capital expenditures and strategic investments . for at least the next 12 months , covetrus expects the animal health business to generate sufficient cash from operations to meet its liquidity and capital needs in both u.s. and non-u.s. jurisdictions . thereafter , it expects to have sufficient liquidity and capital resources arising from cash generated by its ongoing operations . the following table summarizes cash flows for the fiscal years ended december 29 , 2018 , december 30 , 2017 and december 31 , 2016 : replace_table_token_13_th net cash provided by operating activities the animal health business has generated significant cash flows from operations in each of the last three years . net cash provided by operating activities was $ 157.9 million for the year ended december 29 , 2018 , compared to $ 108.2 million for the year ended december 30 , 2017 , an increase of $ 49.7 million , or 45.9 % . the change was driven primarily by growth in the business ' results of operations due to an

net cash used in investing activities net cash used for investing activities was $ 29.4 million for the year ended december 29 , 2018 , compared to $ 128.5 million for the year ended december 30 , 2017 , a decrease $ 99.1 million or 77.1 % . the change was driven primarily due to the decrease in business acquisitions in the year ended december 29 , 2018. net cash used for investing activities was $ 128.5 million for the year ended december 30 , 2017 , compared to $ 122.8 million for the year ended december 31 , 2016 , an increase of $ 5.7 million , or 4.6 % . the change was driven primarily by increased capital expenditures mostly related to a new u.s. national distribution center , partially offset by a decrease in cash payments for acquisitions . net cash ( used in ) provided by financing activities net cash provided by ( used in ) in financing activities in all periods presented primarily reflects net transactions with henry schein and acquisitions of redeemable noncontrolling interests in subsidiaries . net cash used in financing activities was $ 119.7 million for the year ended december 29 , 2018 , compared to net cash provided by financing activities of $ 15.0 million for the year ended december 30 , 2017 , a decrease of $ 134.7 million . the change was driven primarily by the purchase of additional equity interest of butler animal health holding company , llc in the year ended december 29 , 2018. in connection with the separation , henry schein , inc. purchased additional equity interest in certain consolidated subsidiaries of the business . net cash provided by financing activities was $ 15.0 million for the year ended december 30 , 2017 , compared to $ 20.3 million for the year ended december 31 , 2016 , a decrease of $ 5.3 million or 26.1 % .


 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.
     ```net cash used in investing activities net cash used for investing activities was $ 29.4 million for the year ended december 29 , 2018 , compared to $ 128.5 million for the year ended december 30 , 2017 , a decrease $ 99.1 million or 77.1 % . the change was driven primarily due to the decrease in business acquisitions in the year ended december 29 , 2018. net cash used for investing activities was $ 128.5 million for the year ended december 30 , 2017 , compared to $ 122.8 million for the year ended december 31 , 2016 , an increase of $ 5.7 million , or 4.6 % . the change was driven primarily by increased capital expenditures mostly related to a new u.s. national distribution center , partially offset by a decrease in cash payments for acquisitions . net cash ( used in ) provided by financing activities net cash provided by ( used in ) in financing activities in all periods presented primarily reflects net transactions with henry schein and acquisitions of redeemable noncontrolling interests in subsidiaries . net cash used in financing activities was $ 119.7 million for the year ended december 29 , 2018 , compared to net cash provided by financing activities of $ 15.0 million for the year ended december 30 , 2017 , a decrease of $ 134.7 million . the change was driven primarily by the purchase of additional equity interest of butler animal health holding company , llc in the year ended december 29 , 2018. in connection with the separation , henry schein , inc. purchased additional equity interest in certain consolidated subsidiaries of the business . net cash provided by financing activities was $ 15.0 million for the year ended december 30 , 2017 , compared to $ 20.3 million for the year ended december 31 , 2016 , a decrease of $ 5.3 million or 26.1 % .
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 Suspicious Activity Report : the animal health business expects its historical seasonality trends to continue in the foreseeable future . working capital the animal health business ' principal capital requirements include the funding of working capital needs , funding of strategic investments and purchases of fixed assets . the animal health business requires substantial working capital , which is susceptible to fluctuations during the year as a result of levels of accounts receivables , inventory purchase patterns and seasonal demands . inventory purchase activity is a function of sales activity , special inventory forward buy-in opportunities and the animal health business ' desired level of inventory . plans of restructuring on november 6 , 2014 , henry schein announced a company-wide initiative to rationalize operations and provide expense efficiencies . this initiative planned for the elimination of certain workforce positions and the closing of certain facilities . in conjunction with this initiative , the animal health business eliminated approximately 180 positions and recorded restructuring costs of $ 8.3 million and $ 7.3 million associated with these actions in the fiscal year ended december 26 , 2015 and the fiscal year ended december 31 , 2016 , respectively . the costs associated with this restructuring are included in a separate line item , restructuring costs within the animal health business ' combined statements of operations . as of december 31 , 2016 , these restructuring activities were complete and no additional restructuring charges were incurred in the fiscal year ended december 30 , 2017. on july 9 , 2018 , henry schein announced a company-wide initiative to further rationalize operations and provide expense efficiencies . in conjunction with this initiative , the animal health business eliminated 142 positions and recorded restructuring costs of $ 8.5 million during the fiscal year ended december 29 , 2018. the costs associated with this restructuring are included in a separate line item , restructuring costs within the animal health business ' combined statements of operations . gross profit as a result of different practices of categorizing costs associated with distribution networks throughout the animal health industry , the gross margins of the supply chain segment may not necessarily be comparable to its competitors . the animal health business realizes substantially higher gross margin percentages in its technology and value-added services segment than in its supply chain segment . these higher gross margins result from the animal health business being both the developer and seller of software products and services . the tax act on december 22 , 2017 , the u.s. government passed the tax act . the tax act is comprehensive tax legislation that implements complex changes to the code including the reduction of the corporate tax rate from 38 35 % to 21 % , modification of accelerated depreciation , the repeal of the domestic manufacturing deduction and changes to the limitations of the deductibility of interest . additionally , the tax act moves from a global tax regime to a modified territorial regime , which requires u.s. companies to pay a mandatory one-time transition tax on historical offshore earnings that have not been repatriated to the united states . the tax act also includes provisions for tax global intangible low-taxes income , or gilti , foreign derived intangible income , or fdii , a base erosion and anti-abuse tax , or beat , that imposes tax on certain foreign related-party payments and code section 163 ( j ) interest limitation , or interest limitation . due to the complexities of the tax act , the sec staff issued staff accounting bulletin no . 118 , or sab 118 , that allows companies to record a provisional amount for any income tax effects of the tax act in accordance with accounting standard codification 740 , or asc 740 , to the extent that a reasonable estimate can be made . sab 118 allows for a measurement period of up to one year after the enactment date of the tax act to finalize the recording of the related tax impacts . the fasb staff q & a , topic 740 no . 5 , accounting for global intangible low-taxed income , states that an entity can make an accounting policy election to either recognize deferred taxes for temporary differences expected to reverse as gilti in future years or provide for the tax expense related to gilti in the year the tax is incurred . the business elected to recognize the tax on gilti as a period expense in the period the tax is incurred . in the fourth quarter of 2017 , the animal health business recorded provisional amounts related to the tax act for any items that could be reasonably estimated at the time . this included the one-time transition tax that the animal health business estimated to be $ 13.0 million and a net deferred tax expense of $ 7.3 million attributable to the revaluation of deferred tax assets and liabilities due to the lower enacted federal income tax rate of 21 % . in the aggregate , for the quarter ended december 30 , 2017 , these tax act modifications resulted in a one-time tax expense of approximately $ 20.3 million . absent the effects of the transition tax , the revaluation of deferred tax assets and liabilities , and the adoption of accounting standards update , or asu , no . 2016-09 , stock compensation ( topic 718 ) , or asu 2016-09. asu 2016-09 , accounting for stock compensation , the business ' effective tax rate for the year ended december 30 , 2017 would have been 22.8 % as compared to the business ' actual effective tax rate of 34.6 % . for the year ended december 29 , 2018 , the business recorded a net $ 4.4 million additional expense for the one-time transition tax . the change was a result of additional analysis , changes in interpretation and assumptions , as well as additional regulatory guidance that was issued . story_separator_special_tag % . as a percentage of net sales , selling expenses for the year ended december 30 , 2017 were 5.2 % , the same as for the year ended december 31 , 2016. as a component of total selling , general and administrative expenses , general and administrative expenses were $ 329.8 million for the year ended december 30 , 2017 , compared to $ 312.8 million for the year ended december 31 , 2016 , an increase of $ 17.0 million , or 5.4 % . as a percentage of net sales , general and administrative expenses were 9.2 % for the year ended december 30 , 2017 , compared to 9.3 % for the year ended december 31 , 2016. selling , general and administrative expenses include expense allocations for : ( i ) certain corporate functions historically provided by henry schein , including accounting , legal , information services , planning , compliance , investor relations , administration and communication , and similar costs ; ( ii ) employee benefits and incentives ; and ( iii ) stock-based compensation . the allocations may not reflect the actual expenses that the animal health business would have incurred as a standalone company for the periods presented . during the years ended december 30 , 2017 and december 31 , 2016 , the business was allocated $ 58.7 million and $ 60.0 million , respectively , of general corporate expenses , which are included within selling , general and administrative expenses . other income , net other income , net for the fiscal years ended december 30 , 2017 and december 31 , 2016 was as follows : replace_table_token_12_th * not meaningful . other income , net was $ 3.4 million for the year ended december 30 , 2017 , compared to $ 2.9 million for the year ended december 31 , 2016 , an increase of $ 0.5 million , or 16.2 % . other , net was $ 0.9 million for the year ended december 30 , 2017 , an increase of $ 0.9 million from the year ended december 31 , 2016. the change was primarily due to investment proceeds and the impact of foreign currency exchange rates . income taxes for the year ended december 30 , 2017 , the effective tax rate of the animal health business was 34.6 % compared to 22.0 % for the year ended december 31 , 2016. the effective tax rate of the animal health business in 2017 was primarily higher due to the tax act and was favorably impacted in 2017 by the adoption of asu 2016-09. absent those impacts , the difference between the animal health business ' effective tax rate and the federal statutory tax rate for both periods primarily relates to state taxes , foreign income tax differential and pass through income from noncontrolling interest . net income net income was $ 92.0 million for the year ended december 30 , 2017 , compared to $ 100.3 million for the year ended december 31 , 2016 , a decrease of $ 8.3 million , or 8.3 % . 45 net income attributable to the animal health business net income attributable to the animal health business was $ 64.4 million for the year ended december 30 , 2017 , compared to $ 70.3 million for the year ended december 31 , 2016 , a decrease of $ 5.9 million , or 8.4 % . liquidity and capital resources the animal health business had historically participated in henry schein 's centralized treasury management , including centralized cash pooling and overall financing arrangements . the animal health business has generated and expects to continue to generate positive cash flow from operations . prior to the separation , net cash used in or provided by financing activities was due to transfers to and from henry schein , acquisitions of and distributions to noncontrolling interests and to a lesser extent , principal payments of long term debt . the components of net transfers included : ( i ) cash transfers from the animal health business to henry schein ; ( ii ) cash investments from henry schein used to fund operations , capital expenditures and acquisitions ; ( iii ) charges ( benefits ) for income taxes ; and ( iv ) allocations of henry schein 's corporate expenses described elsewhere in the notes of the combined financial statements . following the separation , the capital structure and sources of liquidity for the animal health business changed significantly . the animal health business no longer participates in cash management and funding arrangements with henry schein . instead , covetrus ' ability to fund the capital needs of the animal health business will depend on its ongoing ability to generate cash from operations , and access to the bank and capital markets . the animal health business ' primary future cash needs will be for working capital , capital expenditures and strategic investments . for at least the next 12 months , covetrus expects the animal health business to generate sufficient cash from operations to meet its liquidity and capital needs in both u.s. and non-u.s. jurisdictions . thereafter , it expects to have sufficient liquidity and capital resources arising from cash generated by its ongoing operations . the following table summarizes cash flows for the fiscal years ended december 29 , 2018 , december 30 , 2017 and december 31 , 2016 : replace_table_token_13_th net cash provided by operating activities the animal health business has generated significant cash flows from operations in each of the last three years . net cash provided by operating activities was $ 157.9 million for the year ended december 29 , 2018 , compared to $ 108.2 million for the year ended december 30 , 2017 , an increase of $ 49.7 million , or 45.9 % . the change was driven primarily by growth in the business ' results of operations due to an

