these intercompany revenues are recorded at a transfer price which is typically in excess of the actual manufacturing cost . products are carried in inventory and subsequently placed in service and amortized at this transfer price . on a consolidated basis , intercompany mfg revenues and mfg income are eliminated and the carrying value of inventories and rental merchandise in service is reduced to the manufacturing cost . income before income taxes from mfg , net of the intercompany mfg elimination , offsets the merchandise amortization costs incurred by the u.s. and canadian rental and cleaning reporting segment as the merchandise costs of this reporting segment are amortized and recognized based on inventories purchased from mfg at the transfer price which is above our manufacturing cost . the corporate operating segment consists of costs associated with our distribution center , sales and marketing , information systems , engineering , materials management , manufacturing planning , finance , budgeting , human resources , other general 19 and administrative costs and interest expense . the revenues generated from the corporate operating segment represent certain direct sales made directly from our distribution center . the products sold by this operating segment are the same products rented and sold by the u.s. and canadian rental and cleaning reporting segment . in the segment disclosures in note 15 , “ segment reporting ” , of our consolidated financial statements , no assets or capital expenditures are presented for the corporate operating segment as no assets are allocated to this operating segment in the information reviewed by our chief executive officer . however , depreciation and amortization expense related to certain assets are reflected in income from operations and income before income taxes for the corporate operating segment . the assets that give rise to this depreciation and amortization are included in the total assets of the u.s. and canadian rental and cleaning reporting segment as this is how they are tracked and reviewed by us . we refer to our u.s. and canadian rental and cleaning , mfg , and corporate segments combined as our “ core laundry operations ” . the specialty garments operating segment purchases , rents , cleans , delivers and sells , specialty garments and non-garment items primarily for nuclear and cleanroom applications and provides cleanroom cleaning services at limited customer locations . the first aid operating segment sells first aid cabinet services and other safety supplies as well as maintains wholesale distribution and pill packaging operations . approximately 89 % of our revenues in fiscal 2020 were derived from u.s. and canadian rental and cleaning and corporate . a key driver of this business is the number of workers employed by our customers . our revenues are directly impacted by fluctuations in these employment levels . revenues from specialty garments , which accounted for approximately 7 % of our 2020 revenues , increase during outages and refueling by nuclear power plants , as garment usage increases at these times . first aid represented approximately 4 % of our total revenue in fiscal 2020. critical accounting policies and estimates we believe the following critical accounting policies reflect our more significant judgments and estimates used in the preparation of our consolidated financial statements . use of estimates we prepare our financial statements in conformity with u.s. gaap , which requires management to make estimates and assumptions that affect the reported amounts in the financial statements and accompanying notes . we utilize key estimates in preparing the financial statements , including casualty and environmental estimates , recoverability of goodwill , intangibles , income taxes and long-lived assets . these estimates are based on historical information , current trends , and information available from other sources . our results are affected by economic , political , legislative , regulatory and legal actions . economic conditions , such as recessionary trends , inflation , interest and monetary exchange rates , government fiscal policies , government policies surrounding the containment of covid-19 and changes in the prices of raw materials , can have a significant effect on operations . these factors and other events could cause actual results to differ from management 's estimates . revenue recognition and allowance for doubtful accounts we recognize revenue from rental operations and related services in the period in which the services are provided . direct sale revenue is recognized in the period in which the services are performed or when the product is shipped . our judgment and estimates are used in determining the collectability of accounts receivable and evaluating the adequacy of the allowance for doubtful accounts as well as our sales credits reserve . we consider specific accounts receivable and historical bad debt experience , customer credit worthiness , current economic trends and the age of outstanding balances as part of our evaluation in assessing the allowance for doubtful accounts . we consider our historical credit experience in assessing the sales credits reserve . changes in our estimates are reflected in the period they become known . if the financial condition of our customers were to deteriorate , resulting in an impairment of their ability to make payments , additional allowances may be required . material changes in our estimates may result in significant differences in the amount and timing of bad debt expense recognition for any given period . our revenues do not include taxes we collect from our customers and remit to governmental authorities . costs to obtain a contract we defer commission expenses paid to employee-partners when the commissions are deemed to be incremental for obtaining the route servicing customer contract . the deferred commissions are amortized on a straight-line basis over the expected period of benefit , which is generally the estimated life of the customer relationship . we review the deferred commission 20 balances for impairment on an ongoing basis . deferred commissions are classified as current or noncurrent based on the timing of when we expect to recognize the expense . story_separator_special_tag the covid-19 pandemic has also resulted in material adverse economic conditions that are impacting , and may continue to impact , our business and the businesses of our suppliers and customers . unemployment levels have increased significantly , and the u.s. economy has entered an economic recession . some analysts have predicted that the current economic recession may persist for a significant period of time and become severe . although the extent and duration of the impact of the covid-19 pandemic on our business and operations and the business and operations of our customers and suppliers remain uncertain , the continued spread of covid-19 , the imposition of related public health measures and travel , health-related , business and other restrictions and the resulting materially adverse economic conditions may materially adversely impact our business , financial condition , results of operations and cash flows . 24 please see “ item 1a . risk factors ” in this annual report on form 10- k for an additional discussion of risks and potential risks of the covid-19 pandemic on our business , financial condition and results of operations . results of operations the following table presents certain selected financial data , including the percentage of revenues represented by each item , for fiscal years 2020 , 2019 and 2018. replace_table_token_2_th ( 1 ) exclusive of depreciation on our property , plant and equipment and amortization of our intangible assets . revenues and income ( loss ) from operations by reporting segment for fiscal 2020 , 2019 , and 2018 are presented in the following table . refer to note 15 , “ segment reporting ” , of our consolidated financial statements for a discussion of our reporting segments . replace_table_token_3_th 25 general we derive our revenues through the design , manufacture , personalization , rental , cleaning , delivering , and selling of a wide range of uniforms and protective clothing , including shirts , pants , jackets , coveralls , lab coats , smocks and aprons and specialized protective wear , such as flame resistant and high visibility garments . we also rent industrial wiping products , floor mats , facility service products , other non-garment items , and provide restroom and cleaning supplies and first aid cabinet services and other safety supplies , to a variety of manufacturers , retailers and service companies . cost of revenues include the amortization of rental merchandise in service and merchandise costs related to direct sales as well as labor and other production , service and delivery costs , and distribution costs associated with operating our core laundry operations , specialty garments facilities , and first aid locations . selling and administrative costs include costs related to our sales and marketing functions as well as general and administrative costs associated with our corporate offices , non-operating environmental sites and operating locations including information systems , engineering , materials management , manufacturing planning , finance , budgeting , and human resources . we have a substantial number of plants and conduct a significant portion of our business in energy producing regions in the u.s. and canada . in general , we are relatively more dependent on business in these regions than are many of our competitors . recent volatility in energy prices have had and may continue to have a significant impact on wearer levels at existing customers in our north american energy-dependent markets . our operating results are also directly impacted by the costs of the gasoline used to fuel our vehicles and the natural gas used to operate our plants . while it is difficult to quantify the positive and negative impacts on our future financial results from changes in energy prices , in general , we believe that significant decreases in oil and natural gas prices would have an overall negative impact on our results due to cutbacks by our customers both in , and dependent upon , the oil and natural gas industries , which would outweigh the benefits in our operating costs from lower energy costs . our business is subject to various state and federal regulations , including employment laws and regulations , minimum wage requirements , overtime requirements , working condition requirements , citizenship requirements , healthcare insurance mandates and other laws and regulations that impact our labor costs . labor costs increased in fiscal 2020 as a result of increases in state and local minimum wage levels as well as the overall impact of wage pressure as the result of a low unemployment environment . on december 22 , 2017 , the tax cuts and jobs act ( the “ tcja ” ) was enacted into law , which , among other provisions , reduced the u.s. federal corporate income tax rate effective january 1 , 2018 from a top marginal rate of 35 % to a new 21 % corporate rate and imposed a one-time transition tax on the deemed repatriation of certain deferred foreign income . we have made reasonable estimates of the effects of the tcja and these estimates could change in future periods as we continue to analyze the effects of the tcja ( see note 4 , “ income taxes ” to our consolidated financial statements included in this annual report on form 10-k ) . as a result of the tcja , u.s. corporations are subject to lower income tax rates , and we were required to remeasure our u.s. net deferred tax liabilities at a lower rate , resulting in a net benefit of $ 22.6 million recorded in the provision for income taxes as of august 25 , 2018. partially offsetting this benefit , we recorded a charge of $ 2.5 million for transition taxes related to the deemed repatriation of foreign earnings as of august 29 , 2019. a portion of our sales is derived from international markets , including canada . revenues denominated in currencies other than the u.s. dollar represented approximately 6.9 % , 7.0 %

liquidity and capital resources general cash , cash equivalents and short-term investments totaled $ 474.8 million as of august 29 , 2020 , an increase of $ 89.5 million from $ 385.3 million as of august 31 , 2019. we generated $ 286.7 million and $ 282.1 million in cash from operating activities in the fiscal years ended august 29 , 2020 and august 31 , 2019 , respectively . pursuant to a share repurchase program approved by the board of directors on january 2 , 2019 , we repurchased 0.1 million shares of our common stock for an aggregate of approximately $ 21.7 million during fiscal 2020 and 0.2 million shares of our common stock for an aggregate $ 30.5 million during fiscal 2019. on march 27 , 2018 , we repurchased 1.105 million shares of class b common stock and 0.073 million shares of common stock for a combined $ 146.0 million in a private transaction with the croatti family at a per share price of $ 124.00 . 31 we believe , although there can be no assurance , t hat our current cash , cash equivalents and short-term investments balances , our cash generated from future operations and amounts available under our credit agreement ( defined below ) will be sufficient to meet our current anticipated working capital and capital expenditure requirements for at least the next 12 months and will help us manage the impacts of the covid-19 pandemic on our business and address related liquidity needs . cash flows provided by operating activities have historically been the primary source of our liquidity .


 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 general cash , cash equivalents and short-term investments totaled $ 474.8 million as of august 29 , 2020 , an increase of $ 89.5 million from $ 385.3 million as of august 31 , 2019. we generated $ 286.7 million and $ 282.1 million in cash from operating activities in the fiscal years ended august 29 , 2020 and august 31 , 2019 , respectively . pursuant to a share repurchase program approved by the board of directors on january 2 , 2019 , we repurchased 0.1 million shares of our common stock for an aggregate of approximately $ 21.7 million during fiscal 2020 and 0.2 million shares of our common stock for an aggregate $ 30.5 million during fiscal 2019. on march 27 , 2018 , we repurchased 1.105 million shares of class b common stock and 0.073 million shares of common stock for a combined $ 146.0 million in a private transaction with the croatti family at a per share price of $ 124.00 . 31 we believe , although there can be no assurance , t hat our current cash , cash equivalents and short-term investments balances , our cash generated from future operations and amounts available under our credit agreement ( defined below ) will be sufficient to meet our current anticipated working capital and capital expenditure requirements for at least the next 12 months and will help us manage the impacts of the covid-19 pandemic on our business and address related liquidity needs . cash flows provided by operating activities have historically been the primary source of our liquidity .
```    
 Suspicious Activity Report : these intercompany revenues are recorded at a transfer price which is typically in excess of the actual manufacturing cost . products are carried in inventory and subsequently placed in service and amortized at this transfer price . on a consolidated basis , intercompany mfg revenues and mfg income are eliminated and the carrying value of inventories and rental merchandise in service is reduced to the manufacturing cost . income before income taxes from mfg , net of the intercompany mfg elimination , offsets the merchandise amortization costs incurred by the u.s. and canadian rental and cleaning reporting segment as the merchandise costs of this reporting segment are amortized and recognized based on inventories purchased from mfg at the transfer price which is above our manufacturing cost . the corporate operating segment consists of costs associated with our distribution center , sales and marketing , information systems , engineering , materials management , manufacturing planning , finance , budgeting , human resources , other general 19 and administrative costs and interest expense . the revenues generated from the corporate operating segment represent certain direct sales made directly from our distribution center . the products sold by this operating segment are the same products rented and sold by the u.s. and canadian rental and cleaning reporting segment . in the segment disclosures in note 15 , “ segment reporting ” , of our consolidated financial statements , no assets or capital expenditures are presented for the corporate operating segment as no assets are allocated to this operating segment in the information reviewed by our chief executive officer . however , depreciation and amortization expense related to certain assets are reflected in income from operations and income before income taxes for the corporate operating segment . the assets that give rise to this depreciation and amortization are included in the total assets of the u.s. and canadian rental and cleaning reporting segment as this is how they are tracked and reviewed by us . we refer to our u.s. and canadian rental and cleaning , mfg , and corporate segments combined as our “ core laundry operations ” . the specialty garments operating segment purchases , rents , cleans , delivers and sells , specialty garments and non-garment items primarily for nuclear and cleanroom applications and provides cleanroom cleaning services at limited customer locations . the first aid operating segment sells first aid cabinet services and other safety supplies as well as maintains wholesale distribution and pill packaging operations . approximately 89 % of our revenues in fiscal 2020 were derived from u.s. and canadian rental and cleaning and corporate . a key driver of this business is the number of workers employed by our customers . our revenues are directly impacted by fluctuations in these employment levels . revenues from specialty garments , which accounted for approximately 7 % of our 2020 revenues , increase during outages and refueling by nuclear power plants , as garment usage increases at these times . first aid represented approximately 4 % of our total revenue in fiscal 2020. critical accounting policies and estimates we believe the following critical accounting policies reflect our more significant judgments and estimates used in the preparation of our consolidated financial statements . use of estimates we prepare our financial statements in conformity with u.s. gaap , which requires management to make estimates and assumptions that affect the reported amounts in the financial statements and accompanying notes . we utilize key estimates in preparing the financial statements , including casualty and environmental estimates , recoverability of goodwill , intangibles , income taxes and long-lived assets . these estimates are based on historical information , current trends , and information available from other sources . our results are affected by economic , political , legislative , regulatory and legal actions . economic conditions , such as recessionary trends , inflation , interest and monetary exchange rates , government fiscal policies , government policies surrounding the containment of covid-19 and changes in the prices of raw materials , can have a significant effect on operations . these factors and other events could cause actual results to differ from management 's estimates . revenue recognition and allowance for doubtful accounts we recognize revenue from rental operations and related services in the period in which the services are provided . direct sale revenue is recognized in the period in which the services are performed or when the product is shipped . our judgment and estimates are used in determining the collectability of accounts receivable and evaluating the adequacy of the allowance for doubtful accounts as well as our sales credits reserve . we consider specific accounts receivable and historical bad debt experience , customer credit worthiness , current economic trends and the age of outstanding balances as part of our evaluation in assessing the allowance for doubtful accounts . we consider our historical credit experience in assessing the sales credits reserve . changes in our estimates are reflected in the period they become known . if the financial condition of our customers were to deteriorate , resulting in an impairment of their ability to make payments , additional allowances may be required . material changes in our estimates may result in significant differences in the amount and timing of bad debt expense recognition for any given period . our revenues do not include taxes we collect from our customers and remit to governmental authorities . costs to obtain a contract we defer commission expenses paid to employee-partners when the commissions are deemed to be incremental for obtaining the route servicing customer contract . the deferred commissions are amortized on a straight-line basis over the expected period of benefit , which is generally the estimated life of the customer relationship . we review the deferred commission 20 balances for impairment on an ongoing basis . deferred commissions are classified as current or noncurrent based on the timing of when we expect to recognize the expense . story_separator_special_tag the covid-19 pandemic has also resulted in material adverse economic conditions that are impacting , and may continue to impact , our business and the businesses of our suppliers and customers . unemployment levels have increased significantly , and the u.s. economy has entered an economic recession . some analysts have predicted that the current economic recession may persist for a significant period of time and become severe . although the extent and duration of the impact of the covid-19 pandemic on our business and operations and the business and operations of our customers and suppliers remain uncertain , the continued spread of covid-19 , the imposition of related public health measures and travel , health-related , business and other restrictions and the resulting materially adverse economic conditions may materially adversely impact our business , financial condition , results of operations and cash flows . 24 please see “ item 1a . risk factors ” in this annual report on form 10- k for an additional discussion of risks and potential risks of the covid-19 pandemic on our business , financial condition and results of operations . results of operations the following table presents certain selected financial data , including the percentage of revenues represented by each item , for fiscal years 2020 , 2019 and 2018. replace_table_token_2_th ( 1 ) exclusive of depreciation on our property , plant and equipment and amortization of our intangible assets . revenues and income ( loss ) from operations by reporting segment for fiscal 2020 , 2019 , and 2018 are presented in the following table . refer to note 15 , “ segment reporting ” , of our consolidated financial statements for a discussion of our reporting segments . replace_table_token_3_th 25 general we derive our revenues through the design , manufacture , personalization , rental , cleaning , delivering , and selling of a wide range of uniforms and protective clothing , including shirts , pants , jackets , coveralls , lab coats , smocks and aprons and specialized protective wear , such as flame resistant and high visibility garments . we also rent industrial wiping products , floor mats , facility service products , other non-garment items , and provide restroom and cleaning supplies and first aid cabinet services and other safety supplies , to a variety of manufacturers , retailers and service companies . cost of revenues include the amortization of rental merchandise in service and merchandise costs related to direct sales as well as labor and other production , service and delivery costs , and distribution costs associated with operating our core laundry operations , specialty garments facilities , and first aid locations . selling and administrative costs include costs related to our sales and marketing functions as well as general and administrative costs associated with our corporate offices , non-operating environmental sites and operating locations including information systems , engineering , materials management , manufacturing planning , finance , budgeting , and human resources . we have a substantial number of plants and conduct a significant portion of our business in energy producing regions in the u.s. and canada . in general , we are relatively more dependent on business in these regions than are many of our competitors . recent volatility in energy prices have had and may continue to have a significant impact on wearer levels at existing customers in our north american energy-dependent markets . our operating results are also directly impacted by the costs of the gasoline used to fuel our vehicles and the natural gas used to operate our plants . while it is difficult to quantify the positive and negative impacts on our future financial results from changes in energy prices , in general , we believe that significant decreases in oil and natural gas prices would have an overall negative impact on our results due to cutbacks by our customers both in , and dependent upon , the oil and natural gas industries , which would outweigh the benefits in our operating costs from lower energy costs . our business is subject to various state and federal regulations , including employment laws and regulations , minimum wage requirements , overtime requirements , working condition requirements , citizenship requirements , healthcare insurance mandates and other laws and regulations that impact our labor costs . labor costs increased in fiscal 2020 as a result of increases in state and local minimum wage levels as well as the overall impact of wage pressure as the result of a low unemployment environment . on december 22 , 2017 , the tax cuts and jobs act ( the “ tcja ” ) was enacted into law , which , among other provisions , reduced the u.s. federal corporate income tax rate effective january 1 , 2018 from a top marginal rate of 35 % to a new 21 % corporate rate and imposed a one-time transition tax on the deemed repatriation of certain deferred foreign income . we have made reasonable estimates of the effects of the tcja and these estimates could change in future periods as we continue to analyze the effects of the tcja ( see note 4 , “ income taxes ” to our consolidated financial statements included in this annual report on form 10-k ) . as a result of the tcja , u.s. corporations are subject to lower income tax rates , and we were required to remeasure our u.s. net deferred tax liabilities at a lower rate , resulting in a net benefit of $ 22.6 million recorded in the provision for income taxes as of august 25 , 2018. partially offsetting this benefit , we recorded a charge of $ 2.5 million for transition taxes related to the deemed repatriation of foreign earnings as of august 29 , 2019. a portion of our sales is derived from international markets , including canada . revenues denominated in currencies other than the u.s. dollar represented approximately 6.9 % , 7.0 %

