when a range is expressed above , the company is currently unable story_separator_special_tag in management 's discussion and analysis , we explain the general financial condition and the results of operations for our company , including : what factors affect our business ; what our net sales , earnings , gross margins and costs were in 2013 , 2012 and 2011 ; why those net sales , earnings , gross margins and costs were different from the year before ; how all of this affects our overall financial condition ; what our expenditures for capital projects were in 2013 and 2012 and what we expect them to be in 2014 ; and where funds will come from to pay for future expenditures . as you read management 's discussion and analysis , please refer to our consolidated financial statements , included in item 8 of this form 10-k , which present the results of operations for the fiscal years ended february 1 , 2014 , february 2 , 2013 and january 28 , 2012 . in management 's discussion and analysis , we analyze and explain the annual changes in some specific line items in the consolidated financial statements for fiscal year 2013 compared to fiscal year 2012 and for fiscal year 2012 compared to fiscal year 2011 . 18 key events and recent developments several key events have had or are expected to have a significant effect on our operations . you should keep in mind that : on september 17 , 2013 , we entered into agreements with jp morgan chase bank to repurchase $ 1.0 billion of our common stock under a variable maturity accelerated share repurchase program , 50 % of which is collared and 50 % of which is uncollared . on september 16 , 2013 , we completed a private placement with institutional investors of $ 750 million aggregate principal amount of senior notes . the senior notes include three tranches with $ 300 million of 4.03 % senior notes due in september 2020 , $ 350 million of 4.63 % senior notes due in september 2023 and $ 100 million of 4.78 % senior notes due in september 2025. on september 13 , 2013 , our board of directors authorized the repurchase of an additional $ 2.0 billion of our common stock . this authorization replaced all previous authorizations . at february 1 , 2014 , we had $ 1.0 billion remaining under board repurchase authorization . in august 2013 , we completed a 401,000 square foot expansion of our distribution center in marietta , oklahoma . the marietta distribution center is now a 1,004,000 square foot , fully automated facility . in june 2013 , we completed construction on a new 1.0 million square foot distribution center in windsor , connecticut . in march 2013 , we leased an additional 0.4 million square feet at our distribution center in san bernardino , california . the san bernardino distribution center is now an 802,000 square foot facility . on june 6 , 2012 , we entered into a five-year $ 750.0 million unsecured credit agreement which provides for a $ 750.0 million revolving line of credit , including up to $ 150.0 million in available letters of credit . the interest rate on the facility is based , at our option , on a libor rate , plus a margin , or an alternate base rate , plus a margin . in october 2011 , we completed a 410,000 square foot expansion of our distribution center in savannah , georgia . the savannah distribution center is now a 1,014,000 square foot , fully automated facility . overview our net sales are derived from the sale of merchandise . two major factors tend to affect our net sales trends . first is our success at opening new stores or adding new stores through acquisitions . second , sales vary at our existing stores from one year to the next . we refer to this change as a change in comparable store net sales , because we compare only those stores that are open throughout both of the periods being compared . we include sales from stores expanded during the year in the calculation of comparable store net sales , which has the effect of increasing our comparable store net sales . the term 'expanded ' also includes stores that are relocated . at february 1 , 2014 , we operated 4,992 stores in 48 states and the district of columbia , and five canadian provinces , with 43.2 million selling square feet compared to 4,671 stores with 40.5 million selling square feet at february 2 , 2013 . during fiscal 2013 , we opened 343 stores , expanded 71 stores and closed 22 stores , compared to 345 new stores opened , 87 stores expanded and 25 stores closed during fiscal 2012 . in the current year we increased our selling square footage by 6.9 % . of the 2.7 million selling square foot increase in 2013 , 0.2 million was added by expanding existing stores . the average size of our stores opened in 2013 was approximately 8,020 selling square feet ( or about 9,800 gross square feet ) . for 2014 , we continue to plan to open stores that are approximately 8,000 - 10,000 selling square feet ( or about 10,000 - 12,000 gross square feet ) . we believe that this store size is our optimal size operationally and that this size also gives our customers an ideal shopping environment that invites them to shop longer and buy more . story_separator_special_tag we have not experienced significant fluctuations in historical shrink rates beyond approximately 10-20 basis points in our dollar tree stores for the last few years . however , we have sometimes experienced higher than typical shrink in acquired stores in the year following an acquisition . we periodically adjust our shrink estimates to address these factors as they become apparent . our management believes that our application of the retail inventory method results in an inventory valuation that reasonably approximates cost and results in carrying inventory at the lower of cost or market each year on a consistent basis . accrued expenses on a monthly basis , we estimate certain expenses in an effort to record those expenses in the period incurred . certain expenses , such as legal reserves , require a high degree of judgment and our most material estimates include domestic freight expenses , self-insurance costs , store-level operating expenses , such as property taxes and utilities , and certain other expenses . we are involved in numerous legal proceedings and claims . our accruals , if any , related to these proceedings and claims are based on a determination of whether or not the loss is both probable and estimable . we review outstanding matters with external counsel to assess the probability of an unfavorable outcome and estimates of loss . we re-evaluate outstanding proceedings and claims each quarter or as new and significant information becomes available , and we adjust or establish accruals , if necessary . our legal proceedings are described in `` note 4 - commitments and contingencies `` under the caption `` contingencies `` beginning on page 42 of this form 10-k included in `` part ii . item 8. financial statements and supplementary data . our freight and store-level operating expenses are estimated based on current activity and historical trends and results . our workers ' compensation and general liability insurance accruals are recorded based on actuarial valuations which are adjusted at least annually based on a review performed by a third-party actuary . these actuarial valuations are estimates based on our historical loss development factors . certain other expenses are estimated and recorded in the periods that management becomes aware of them . the related accruals are adjusted as management 's estimates change . differences in management 's estimates and assumptions could result in accruals which are materially different from the calculated accruals . our experience has been that some of our estimates are too high and others are too low . historically , the net total of these differences has not had a material effect on our financial condition or results of operations . income taxes on a quarterly basis , we estimate our required income tax liability and assess the recoverability of our deferred tax assets . our income taxes payable are estimated based on enacted tax rates , including estimated tax rates in states where our store base is growing , applied to the income expected to be taxed currently . management assesses the recoverability of deferred tax assets based on the availability of carrybacks of future deductible amounts and management 's projections for future taxable income . we can not guarantee that we will generate taxable income in future years . historically , we have not experienced significant differences in our estimates of our tax accrual . in addition , we have a recorded liability for our estimate of uncertain tax positions taken or expected to be taken in our tax returns . judgment is required in evaluating the application of federal and state tax laws , including relevant case law , and assessing whether it is more likely than not that a tax position will be sustained on examination and , if so , judgment is also required as to the measurement of the amount of tax benefit that will be realized upon settlement with the taxing authority . income tax expense is adjusted in the period in which new information about a tax position becomes available or the final outcome differs from the amounts recorded . we believe that our liability for uncertain tax positions is adequate . for further discussion of our changes in reserves during 2013 , see item 8 “ financial statements and supplementary data - note 3 to the consolidated financial statements ” beginning on page 39 of this form 10-k. 25 seasonality and quarterly fluctuations we experience seasonal fluctuations in our net sales , comparable store net sales , operating income and net income and expect this trend to continue . our results of operations may also fluctuate significantly as a result of a variety of factors , including : shifts in the timing of certain holidays , especially easter ; the timing of new store openings ; the net sales contributed by new stores ; changes in our merchandise mix ; and competition . our highest sales periods are the christmas and easter seasons . easter was observed on april 8 , 2012 , march 31 , 2013 , and will be observed on april 20 , 2014. we believe that the later easter in 2014 could result in a $ 8.0 million increase in sales in the first quarter of 2014 as compared to the first quarter of 2013. we generally realize a disproportionate amount of our net sales and of our operating and net income during the fourth quarter . in anticipation of increased sales activity during these months , we purchase substantial amounts of inventory and hire a significant number of temporary employees to supplement our continuing store staff . our operating results , particularly operating and net income , could suffer if our net sales were below seasonal norms during the fourth quarter or during the easter season for any reason , including merchandise delivery delays due to receiving or distribution problems , changes in consumer sentiment or inclement weather . our unaudited results of operations for the eight most recent quarters are shown

liquidity and capital resources our business requires capital to build and open new stores , expand our distribution network and operate and expand existing stores . our working capital requirements for existing stores are seasonal and usually reach their peak in september and october . historically , we have satisfied our seasonal working capital requirements for existing stores and have funded our store opening and distribution network expansion programs from internally generated funds and borrowings under our credit facilities . the following table compares cash-flow related information for the years ended february 1 , 2014 , february 2 , 2013 and january 28 , 2012 : 21 replace_table_token_10_th net cash provided by operating activities increased $ 115.7 million in 2013 compared to 2012 due to a decrease in cash used for prepaid rent and purchasing merchandise inventory partially offset by a decrease in income taxes payable . net cash provided by operating activities decreased $ 8.8 million in 2012 compared to 2011 due to an increase in cash used to purchase merchandise inventory and cash used for prepaid rent as a result of february 1st falling in the last week of the fiscal year partially offset by increased earnings before income taxes , depreciation and amortization in 2012 and increases in income taxes payable .


 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 our business requires capital to build and open new stores , expand our distribution network and operate and expand existing stores . our working capital requirements for existing stores are seasonal and usually reach their peak in september and october . historically , we have satisfied our seasonal working capital requirements for existing stores and have funded our store opening and distribution network expansion programs from internally generated funds and borrowings under our credit facilities . the following table compares cash-flow related information for the years ended february 1 , 2014 , february 2 , 2013 and january 28 , 2012 : 21 replace_table_token_10_th net cash provided by operating activities increased $ 115.7 million in 2013 compared to 2012 due to a decrease in cash used for prepaid rent and purchasing merchandise inventory partially offset by a decrease in income taxes payable . net cash provided by operating activities decreased $ 8.8 million in 2012 compared to 2011 due to an increase in cash used to purchase merchandise inventory and cash used for prepaid rent as a result of february 1st falling in the last week of the fiscal year partially offset by increased earnings before income taxes , depreciation and amortization in 2012 and increases in income taxes payable .
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 Suspicious Activity Report : when a range is expressed above , the company is currently unable story_separator_special_tag in management 's discussion and analysis , we explain the general financial condition and the results of operations for our company , including : what factors affect our business ; what our net sales , earnings , gross margins and costs were in 2013 , 2012 and 2011 ; why those net sales , earnings , gross margins and costs were different from the year before ; how all of this affects our overall financial condition ; what our expenditures for capital projects were in 2013 and 2012 and what we expect them to be in 2014 ; and where funds will come from to pay for future expenditures . as you read management 's discussion and analysis , please refer to our consolidated financial statements , included in item 8 of this form 10-k , which present the results of operations for the fiscal years ended february 1 , 2014 , february 2 , 2013 and january 28 , 2012 . in management 's discussion and analysis , we analyze and explain the annual changes in some specific line items in the consolidated financial statements for fiscal year 2013 compared to fiscal year 2012 and for fiscal year 2012 compared to fiscal year 2011 . 18 key events and recent developments several key events have had or are expected to have a significant effect on our operations . you should keep in mind that : on september 17 , 2013 , we entered into agreements with jp morgan chase bank to repurchase $ 1.0 billion of our common stock under a variable maturity accelerated share repurchase program , 50 % of which is collared and 50 % of which is uncollared . on september 16 , 2013 , we completed a private placement with institutional investors of $ 750 million aggregate principal amount of senior notes . the senior notes include three tranches with $ 300 million of 4.03 % senior notes due in september 2020 , $ 350 million of 4.63 % senior notes due in september 2023 and $ 100 million of 4.78 % senior notes due in september 2025. on september 13 , 2013 , our board of directors authorized the repurchase of an additional $ 2.0 billion of our common stock . this authorization replaced all previous authorizations . at february 1 , 2014 , we had $ 1.0 billion remaining under board repurchase authorization . in august 2013 , we completed a 401,000 square foot expansion of our distribution center in marietta , oklahoma . the marietta distribution center is now a 1,004,000 square foot , fully automated facility . in june 2013 , we completed construction on a new 1.0 million square foot distribution center in windsor , connecticut . in march 2013 , we leased an additional 0.4 million square feet at our distribution center in san bernardino , california . the san bernardino distribution center is now an 802,000 square foot facility . on june 6 , 2012 , we entered into a five-year $ 750.0 million unsecured credit agreement which provides for a $ 750.0 million revolving line of credit , including up to $ 150.0 million in available letters of credit . the interest rate on the facility is based , at our option , on a libor rate , plus a margin , or an alternate base rate , plus a margin . in october 2011 , we completed a 410,000 square foot expansion of our distribution center in savannah , georgia . the savannah distribution center is now a 1,014,000 square foot , fully automated facility . overview our net sales are derived from the sale of merchandise . two major factors tend to affect our net sales trends . first is our success at opening new stores or adding new stores through acquisitions . second , sales vary at our existing stores from one year to the next . we refer to this change as a change in comparable store net sales , because we compare only those stores that are open throughout both of the periods being compared . we include sales from stores expanded during the year in the calculation of comparable store net sales , which has the effect of increasing our comparable store net sales . the term 'expanded ' also includes stores that are relocated . at february 1 , 2014 , we operated 4,992 stores in 48 states and the district of columbia , and five canadian provinces , with 43.2 million selling square feet compared to 4,671 stores with 40.5 million selling square feet at february 2 , 2013 . during fiscal 2013 , we opened 343 stores , expanded 71 stores and closed 22 stores , compared to 345 new stores opened , 87 stores expanded and 25 stores closed during fiscal 2012 . in the current year we increased our selling square footage by 6.9 % . of the 2.7 million selling square foot increase in 2013 , 0.2 million was added by expanding existing stores . the average size of our stores opened in 2013 was approximately 8,020 selling square feet ( or about 9,800 gross square feet ) . for 2014 , we continue to plan to open stores that are approximately 8,000 - 10,000 selling square feet ( or about 10,000 - 12,000 gross square feet ) . we believe that this store size is our optimal size operationally and that this size also gives our customers an ideal shopping environment that invites them to shop longer and buy more . story_separator_special_tag we have not experienced significant fluctuations in historical shrink rates beyond approximately 10-20 basis points in our dollar tree stores for the last few years . however , we have sometimes experienced higher than typical shrink in acquired stores in the year following an acquisition . we periodically adjust our shrink estimates to address these factors as they become apparent . our management believes that our application of the retail inventory method results in an inventory valuation that reasonably approximates cost and results in carrying inventory at the lower of cost or market each year on a consistent basis . accrued expenses on a monthly basis , we estimate certain expenses in an effort to record those expenses in the period incurred . certain expenses , such as legal reserves , require a high degree of judgment and our most material estimates include domestic freight expenses , self-insurance costs , store-level operating expenses , such as property taxes and utilities , and certain other expenses . we are involved in numerous legal proceedings and claims . our accruals , if any , related to these proceedings and claims are based on a determination of whether or not the loss is both probable and estimable . we review outstanding matters with external counsel to assess the probability of an unfavorable outcome and estimates of loss . we re-evaluate outstanding proceedings and claims each quarter or as new and significant information becomes available , and we adjust or establish accruals , if necessary . our legal proceedings are described in `` note 4 - commitments and contingencies `` under the caption `` contingencies `` beginning on page 42 of this form 10-k included in `` part ii . item 8. financial statements and supplementary data . our freight and store-level operating expenses are estimated based on current activity and historical trends and results . our workers ' compensation and general liability insurance accruals are recorded based on actuarial valuations which are adjusted at least annually based on a review performed by a third-party actuary . these actuarial valuations are estimates based on our historical loss development factors . certain other expenses are estimated and recorded in the periods that management becomes aware of them . the related accruals are adjusted as management 's estimates change . differences in management 's estimates and assumptions could result in accruals which are materially different from the calculated accruals . our experience has been that some of our estimates are too high and others are too low . historically , the net total of these differences has not had a material effect on our financial condition or results of operations . income taxes on a quarterly basis , we estimate our required income tax liability and assess the recoverability of our deferred tax assets . our income taxes payable are estimated based on enacted tax rates , including estimated tax rates in states where our store base is growing , applied to the income expected to be taxed currently . management assesses the recoverability of deferred tax assets based on the availability of carrybacks of future deductible amounts and management 's projections for future taxable income . we can not guarantee that we will generate taxable income in future years . historically , we have not experienced significant differences in our estimates of our tax accrual . in addition , we have a recorded liability for our estimate of uncertain tax positions taken or expected to be taken in our tax returns . judgment is required in evaluating the application of federal and state tax laws , including relevant case law , and assessing whether it is more likely than not that a tax position will be sustained on examination and , if so , judgment is also required as to the measurement of the amount of tax benefit that will be realized upon settlement with the taxing authority . income tax expense is adjusted in the period in which new information about a tax position becomes available or the final outcome differs from the amounts recorded . we believe that our liability for uncertain tax positions is adequate . for further discussion of our changes in reserves during 2013 , see item 8 “ financial statements and supplementary data - note 3 to the consolidated financial statements ” beginning on page 39 of this form 10-k. 25 seasonality and quarterly fluctuations we experience seasonal fluctuations in our net sales , comparable store net sales , operating income and net income and expect this trend to continue . our results of operations may also fluctuate significantly as a result of a variety of factors , including : shifts in the timing of certain holidays , especially easter ; the timing of new store openings ; the net sales contributed by new stores ; changes in our merchandise mix ; and competition . our highest sales periods are the christmas and easter seasons . easter was observed on april 8 , 2012 , march 31 , 2013 , and will be observed on april 20 , 2014. we believe that the later easter in 2014 could result in a $ 8.0 million increase in sales in the first quarter of 2014 as compared to the first quarter of 2013. we generally realize a disproportionate amount of our net sales and of our operating and net income during the fourth quarter . in anticipation of increased sales activity during these months , we purchase substantial amounts of inventory and hire a significant number of temporary employees to supplement our continuing store staff . our operating results , particularly operating and net income , could suffer if our net sales were below seasonal norms during the fourth quarter or during the easter season for any reason , including merchandise delivery delays due to receiving or distribution problems , changes in consumer sentiment or inclement weather . our unaudited results of operations for the eight most recent quarters are shown

