during the year ended december 31 , 2017 , the company incurred $ 44.1 million in costs related to this transaction ( including severance , retention , transaction and integration related costs ) as well as deferred revenue write-offs of $ 7.8 million . the company expects the remaining aggregate amount of transaction-related expenses , including deferred revenue write-offs , during 2018 to be in the range of $ 10 million to $ 20 million . the company also incurred $ 122.1 million in stock-based compensation expense during 2017 related to the modification of previously issued homeadvisor vested and unvested equity awards , which were converted into angi homeservices ' equity awards , the expense related to previously issued angie 's list equity awards and the acceleration of certain angie 's list equity awards resulting from the termination of employees in connection with the combination . stock- 29 based compensation expense arising from the combination is expected to be approximately $ 70 million in 2018. on november 1 , 2017 , the company borrowed $ 275 million under a five-year term loan facility . on march 24 , 2017 , the company acquired a controlling interest in mybuilder limited ( “ mybuilder ” ) , a leading home services platform in the united kingdom , which is included in our europe segment . on february 8 , 2017 , the company acquired a controlling interest in homestars inc. ( “ homestars ” ) , a leading home services platform in canada , which is included in our north america segment . on november 3 , 2016 , the company acquired a controlling interest in myhammer holding ag ( “ myhammer ” ) , the leading home services marketplace in germany , which is included in our europe segment . operating metrics in connection with the management of our businesses we identify , measure and assess a variety of operating metrics . the principal metrics we use in managing our business are set forth below : marketplace ( formerly domestic ) revenue includes revenue from the homeadvisor domestic marketplace service , including consumer connection revenue for consumer matches and membership subscription revenue from service professionals . it excludes other operating subsidiaries within the north america segment . advertising & other revenue includes angie 's list revenue ( revenue from service professionals under contract for advertising and membership subscription fees from consumers ) as well as revenue from mhelpdesk , homestars and felix . marketplace ( formerly domestic ) service requests are fully completed and submitted domestic customer service requests on homeadvisor . marketplace ( formerly domestic ) paying service professionals ( or “ marketplace paying sps ” ) are the number of homeadvisor domestic service professionals that had an active membership and or paid for consumer matches in the last month of the period . angie 's list advertising service professionals are the total number of angie 's list service professionals under contract for advertising at the end of the period . components of results of operations revenue marketplace revenue is primarily derived from ( i ) consumer connection revenue , which includes fees paid by service professionals for consumer matches ( regardless of whether the professional ultimately provides the requested service ) , and ( ii ) membership subscription fees paid by service professionals . consumer connection revenue varies based upon several factors , including the service requested , type of match ( such as instant booking , instant connect , same day service or next day service ) and geographic location of service . the company 's consumer connection revenue is generated and recognized when an in-network service professional is delivered a consumer match . membership subscription revenue is generated through subscription sales to service professionals and is deferred and recognized over the term of the applicable membership . membership agreements can be one month , three months , or one year . effective with the combination , revenue is also derived from angie 's list ( i ) sales of time-based advertising to service professionals and ( ii ) membership subscription fees from consumers . angie 's list advertising service professionals generally pay for advertisements in advance on a monthly or annual basis at the option of the service professional , with the average advertising contract term being approximately one year . these contracts include an early termination penalty . angie 's list revenue from the sale of website , mobile and call center advertising is recognized ratably over the period during which the advertisements run . revenue from the sale of advertising in the angie 's list magazine is recognized in the period in which the publication is published and distributed . angie 's list prepaid consumer membership subscription fees are recognized as revenue ratably over the term of the associated subscription , which is typically one year . deferred revenue is $ 64.1 million and $ 18.8 million at december 31 , 2017 and 2016 , respectively . the balance at december 31 , 2017 includes angie 's list deferred revenue of $ 37.7 million . 30 cost of revenue cost of revenue consists primarily of traffic acquisition costs , credit card processing fees and hosting fees . traffic acquisition costs include amounts based on revenue share arrangements . selling and marketing expense selling and marketing expense consists primarily of advertising expenditures , which include online marketing , including fees paid to search engines , offline marketing , which is primarily television advertising , and partner-related payments to those who direct traffic to our brands , and compensation ( including stock-based compensation expense ) and other employee-related costs for personnel engaged in selling and marketing and sales support . story_separator_special_tag income tax benefit ( provision ) replace_table_token_13_th in the fourth quarter of 2017 , the company recorded a tax provision of $ 33.0 million due to effects of the tax cuts and jobs act ( the “ tax act ” ) , which was enacted on december 22 , 2017. the tax act required a remeasurement of the company 's net deferred tax asset position due to the reduction in the corporate tax rate from 35 % to 21 % under the tax act , resulting in a provision of $ 33.0 million . the company was not subject to the one-time transition tax because it has cumulative losses from its international operations . while the company was able to make a reasonable estimate of the impacts of the tax act , certain amounts are provisional as the company gathers additional data . any adjustment of the company 's provisional tax expense will be reflected as a change in estimate in its results in the period in which the change in estimate is made in accordance with staff accounting bulletin no . 118 , income tax accounting implications of the tax cuts and jobs act . in addition , our estimates may also be impacted and adjusted as the law is clarified and additional guidance is issued at the federal and state levels . in 2017 , the effective income tax rate is lower than the statutory rate of 35 % due primarily to the effect of the tax cuts and jobs act , largely offset by adopting the provisions of the financial accounting standards board issued accounting standards update ( `` asu `` ) no . 2016-09 , compensation-stock compensation ( topic 718 ) : improvements to employee share-based payment accounting , on january 1 , 2017. the tax cuts and jobs act required a remeasurement of net deferred tax assets from the 35 % rate to a 21 % rate , resulting in a provision of $ 33.0 million . under asu no . 2016-09 , excess tax benefits generated by the settlement or exercise of stock-based awards of $ 35.8 million for the year december 31 , 2017 are recognized as a reduction to the income tax provision rather than as an increase to additional paid-in capital . 37 in 2016 , the effective income tax rate is higher than the statutory rate of 35 % due primarily to unbenefited losses in separate jurisdictions and state taxes , partially offset by research credits . in 2015 , the income tax provision is due primarily to an increase in income tax reserves and unbenefited losses in separate jurisdictions , partially offset by research credits . for further details of income tax matters , see `` note 3—income taxes `` to the consolidated and combined financial statements included in `` item 8. consolidated and combined financial statements and supplementary data . `` net loss attributable to noncontrolling interests noncontrolling interests represent the noncontrolling holders ' percentage share of earnings or losses from the subsidiaries in which the company holds a majority , but less than 100 % , ownership interest and the results of which are included in our consolidated and combined financial statements . replace_table_token_14_th net loss attributable to noncontrolling interests in 2017 represents the net losses attributable to the noncontrolling interests in mhelpdesk , mybuilder , homestars and myhammer . net loss attributable to noncontrolling interests in 2016 represents the net losses attributable to the noncontrolling interests in mhelpdesk and myhammer . net loss attributable to noncontrolling interests in 2015 represents the net losses attributable to the noncontrolling interests in mhelpdesk . 38 principles of financial reporting we report adjusted ebitda as a supplemental measure to u.s. generally accepted accounting principles ( `` gaap `` ) . this measure is one of the primary metrics by which we evaluate the performance of our businesses , on which our internal budgets are based and by which management is compensated . we believe that investors should have access to , and we are obligated to provide , the same set of tools that we use in analyzing our results . this non-gaap measure should be considered in addition to results prepared in accordance with gaap , but should not be considered a substitute for or superior to gaap results . we endeavor to compensate for the limitations of the non-gaap measure presented by providing the comparable gaap measure with equal or greater prominence and descriptions of the reconciling items , including quantifying such items , to derive the non-gaap measure . we encourage investors to examine the reconciling adjustments between the gaap andnon-gaap measure , which we discuss below . definition of non-gaap measure adjusted earnings before interest , taxes , depreciation and amortization ( `` adjusted ebitda `` ) is defined as operating income excluding : ( 1 ) stock-based compensation expense ; ( 2 ) depreciation ; and ( 3 ) acquisition-related items consisting of amortization of intangible assets and impairments of goodwill and intangible assets , if applicable . we believe this measure is useful for analysts and investors as this measure allows a more meaningful comparison between our performance and that of our competitors . moreover , our management uses this measure internally to evaluate the performance of our business as a whole and our individual business segments , and this measure is one of the primary metrics by which our internal budgets are based and by which management is compensated . the above items are excluded from our adjusted ebitda measure because these items are non-cash in nature , and we believe that by excluding these items , adjusted ebitda corresponds more closely to the cash operating income generated from our business , from which capital investments are made and debt is serviced . adjusted ebitda has certain limitations in that it does not take into account the impact to our consolidated and combined statement of operations of certain expenses . for a reconciliation

net cash used in investing activities includes $ 66.3 million of cash used for the acquisitions of mybuilder , angie 's list , and homestars , and capital expenditures of $ 26.8 million , primarily related to investments in the development of capitalized software to support our products and services and computer hardware . the cash used for the acquisition of angie 's list includes $ 61.5 million that the company loaned to angie 's list to fund the repayment of angie 's list debt outstanding immediately prior to the combination . net cash provided by financing activities includes proceeds from borrowings under the term loan of $ 275.0 million , proceeds from borrowings of related party debt of $ 131.4 million , including $ 61.5 million in borrowings from iac used by the company to fund the repayment of angie 's list debt immediately prior to the combination , cash transfers of $ 24.2 million from iac pursuant to iac 's centrally managed u.s. treasury management function and funds returned from escrow for the myhammer tender offer of $ 10.6 million , partially offset by principal payments on related party debt of $ 181.6 million , the purchase of noncontrolling interests of $ 12.8 million and $ 10.1 million for the payment of withholding taxes on behalf of employees for stock-based awards that were net settled .


 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 includes $ 66.3 million of cash used for the acquisitions of mybuilder , angie 's list , and homestars , and capital expenditures of $ 26.8 million , primarily related to investments in the development of capitalized software to support our products and services and computer hardware . the cash used for the acquisition of angie 's list includes $ 61.5 million that the company loaned to angie 's list to fund the repayment of angie 's list debt outstanding immediately prior to the combination . net cash provided by financing activities includes proceeds from borrowings under the term loan of $ 275.0 million , proceeds from borrowings of related party debt of $ 131.4 million , including $ 61.5 million in borrowings from iac used by the company to fund the repayment of angie 's list debt immediately prior to the combination , cash transfers of $ 24.2 million from iac pursuant to iac 's centrally managed u.s. treasury management function and funds returned from escrow for the myhammer tender offer of $ 10.6 million , partially offset by principal payments on related party debt of $ 181.6 million , the purchase of noncontrolling interests of $ 12.8 million and $ 10.1 million for the payment of withholding taxes on behalf of employees for stock-based awards that were net settled .
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 Suspicious Activity Report : during the year ended december 31 , 2017 , the company incurred $ 44.1 million in costs related to this transaction ( including severance , retention , transaction and integration related costs ) as well as deferred revenue write-offs of $ 7.8 million . the company expects the remaining aggregate amount of transaction-related expenses , including deferred revenue write-offs , during 2018 to be in the range of $ 10 million to $ 20 million . the company also incurred $ 122.1 million in stock-based compensation expense during 2017 related to the modification of previously issued homeadvisor vested and unvested equity awards , which were converted into angi homeservices ' equity awards , the expense related to previously issued angie 's list equity awards and the acceleration of certain angie 's list equity awards resulting from the termination of employees in connection with the combination . stock- 29 based compensation expense arising from the combination is expected to be approximately $ 70 million in 2018. on november 1 , 2017 , the company borrowed $ 275 million under a five-year term loan facility . on march 24 , 2017 , the company acquired a controlling interest in mybuilder limited ( “ mybuilder ” ) , a leading home services platform in the united kingdom , which is included in our europe segment . on february 8 , 2017 , the company acquired a controlling interest in homestars inc. ( “ homestars ” ) , a leading home services platform in canada , which is included in our north america segment . on november 3 , 2016 , the company acquired a controlling interest in myhammer holding ag ( “ myhammer ” ) , the leading home services marketplace in germany , which is included in our europe segment . operating metrics in connection with the management of our businesses we identify , measure and assess a variety of operating metrics . the principal metrics we use in managing our business are set forth below : marketplace ( formerly domestic ) revenue includes revenue from the homeadvisor domestic marketplace service , including consumer connection revenue for consumer matches and membership subscription revenue from service professionals . it excludes other operating subsidiaries within the north america segment . advertising & other revenue includes angie 's list revenue ( revenue from service professionals under contract for advertising and membership subscription fees from consumers ) as well as revenue from mhelpdesk , homestars and felix . marketplace ( formerly domestic ) service requests are fully completed and submitted domestic customer service requests on homeadvisor . marketplace ( formerly domestic ) paying service professionals ( or “ marketplace paying sps ” ) are the number of homeadvisor domestic service professionals that had an active membership and or paid for consumer matches in the last month of the period . angie 's list advertising service professionals are the total number of angie 's list service professionals under contract for advertising at the end of the period . components of results of operations revenue marketplace revenue is primarily derived from ( i ) consumer connection revenue , which includes fees paid by service professionals for consumer matches ( regardless of whether the professional ultimately provides the requested service ) , and ( ii ) membership subscription fees paid by service professionals . consumer connection revenue varies based upon several factors , including the service requested , type of match ( such as instant booking , instant connect , same day service or next day service ) and geographic location of service . the company 's consumer connection revenue is generated and recognized when an in-network service professional is delivered a consumer match . membership subscription revenue is generated through subscription sales to service professionals and is deferred and recognized over the term of the applicable membership . membership agreements can be one month , three months , or one year . effective with the combination , revenue is also derived from angie 's list ( i ) sales of time-based advertising to service professionals and ( ii ) membership subscription fees from consumers . angie 's list advertising service professionals generally pay for advertisements in advance on a monthly or annual basis at the option of the service professional , with the average advertising contract term being approximately one year . these contracts include an early termination penalty . angie 's list revenue from the sale of website , mobile and call center advertising is recognized ratably over the period during which the advertisements run . revenue from the sale of advertising in the angie 's list magazine is recognized in the period in which the publication is published and distributed . angie 's list prepaid consumer membership subscription fees are recognized as revenue ratably over the term of the associated subscription , which is typically one year . deferred revenue is $ 64.1 million and $ 18.8 million at december 31 , 2017 and 2016 , respectively . the balance at december 31 , 2017 includes angie 's list deferred revenue of $ 37.7 million . 30 cost of revenue cost of revenue consists primarily of traffic acquisition costs , credit card processing fees and hosting fees . traffic acquisition costs include amounts based on revenue share arrangements . selling and marketing expense selling and marketing expense consists primarily of advertising expenditures , which include online marketing , including fees paid to search engines , offline marketing , which is primarily television advertising , and partner-related payments to those who direct traffic to our brands , and compensation ( including stock-based compensation expense ) and other employee-related costs for personnel engaged in selling and marketing and sales support . story_separator_special_tag income tax benefit ( provision ) replace_table_token_13_th in the fourth quarter of 2017 , the company recorded a tax provision of $ 33.0 million due to effects of the tax cuts and jobs act ( the “ tax act ” ) , which was enacted on december 22 , 2017. the tax act required a remeasurement of the company 's net deferred tax asset position due to the reduction in the corporate tax rate from 35 % to 21 % under the tax act , resulting in a provision of $ 33.0 million . the company was not subject to the one-time transition tax because it has cumulative losses from its international operations . while the company was able to make a reasonable estimate of the impacts of the tax act , certain amounts are provisional as the company gathers additional data . any adjustment of the company 's provisional tax expense will be reflected as a change in estimate in its results in the period in which the change in estimate is made in accordance with staff accounting bulletin no . 118 , income tax accounting implications of the tax cuts and jobs act . in addition , our estimates may also be impacted and adjusted as the law is clarified and additional guidance is issued at the federal and state levels . in 2017 , the effective income tax rate is lower than the statutory rate of 35 % due primarily to the effect of the tax cuts and jobs act , largely offset by adopting the provisions of the financial accounting standards board issued accounting standards update ( `` asu `` ) no . 2016-09 , compensation-stock compensation ( topic 718 ) : improvements to employee share-based payment accounting , on january 1 , 2017. the tax cuts and jobs act required a remeasurement of net deferred tax assets from the 35 % rate to a 21 % rate , resulting in a provision of $ 33.0 million . under asu no . 2016-09 , excess tax benefits generated by the settlement or exercise of stock-based awards of $ 35.8 million for the year december 31 , 2017 are recognized as a reduction to the income tax provision rather than as an increase to additional paid-in capital . 37 in 2016 , the effective income tax rate is higher than the statutory rate of 35 % due primarily to unbenefited losses in separate jurisdictions and state taxes , partially offset by research credits . in 2015 , the income tax provision is due primarily to an increase in income tax reserves and unbenefited losses in separate jurisdictions , partially offset by research credits . for further details of income tax matters , see `` note 3—income taxes `` to the consolidated and combined financial statements included in `` item 8. consolidated and combined financial statements and supplementary data . `` net loss attributable to noncontrolling interests noncontrolling interests represent the noncontrolling holders ' percentage share of earnings or losses from the subsidiaries in which the company holds a majority , but less than 100 % , ownership interest and the results of which are included in our consolidated and combined financial statements . replace_table_token_14_th net loss attributable to noncontrolling interests in 2017 represents the net losses attributable to the noncontrolling interests in mhelpdesk , mybuilder , homestars and myhammer . net loss attributable to noncontrolling interests in 2016 represents the net losses attributable to the noncontrolling interests in mhelpdesk and myhammer . net loss attributable to noncontrolling interests in 2015 represents the net losses attributable to the noncontrolling interests in mhelpdesk . 38 principles of financial reporting we report adjusted ebitda as a supplemental measure to u.s. generally accepted accounting principles ( `` gaap `` ) . this measure is one of the primary metrics by which we evaluate the performance of our businesses , on which our internal budgets are based and by which management is compensated . we believe that investors should have access to , and we are obligated to provide , the same set of tools that we use in analyzing our results . this non-gaap measure should be considered in addition to results prepared in accordance with gaap , but should not be considered a substitute for or superior to gaap results . we endeavor to compensate for the limitations of the non-gaap measure presented by providing the comparable gaap measure with equal or greater prominence and descriptions of the reconciling items , including quantifying such items , to derive the non-gaap measure . we encourage investors to examine the reconciling adjustments between the gaap andnon-gaap measure , which we discuss below . definition of non-gaap measure adjusted earnings before interest , taxes , depreciation and amortization ( `` adjusted ebitda `` ) is defined as operating income excluding : ( 1 ) stock-based compensation expense ; ( 2 ) depreciation ; and ( 3 ) acquisition-related items consisting of amortization of intangible assets and impairments of goodwill and intangible assets , if applicable . we believe this measure is useful for analysts and investors as this measure allows a more meaningful comparison between our performance and that of our competitors . moreover , our management uses this measure internally to evaluate the performance of our business as a whole and our individual business segments , and this measure is one of the primary metrics by which our internal budgets are based and by which management is compensated . the above items are excluded from our adjusted ebitda measure because these items are non-cash in nature , and we believe that by excluding these items , adjusted ebitda corresponds more closely to the cash operating income generated from our business , from which capital investments are made and debt is serviced . adjusted ebitda has certain limitations in that it does not take into account the impact to our consolidated and combined statement of operations of certain expenses . for a reconciliation

