we achieved higher net sales , as well as increased gross and operating profit in 2012 compared to 2011. management will continue to monitor retail demand , dealer inventory levels and the availability of dealer and consumer financing for the purchase of our products and adjust our production levels as deemed appropriate . we continuously monitor our market share in the 18 to 35 foot sterndrive category as one indicator of the success of our strategies and the market 's acceptance of our products . for the nine months ended september 30 , 2012 ( latest data available to us ) , chaparral 's market share in the 18 to 35 foot sterndrive category was 11.7 percent , an increase from our market share in the same category for the nine months ended september 30 , 2011 of 8.3 percent . our market share increased across a broad size range , but was higher among the smaller boats in our market due to the new entry level chaparral models which were first introduced in the fourth quarter of 2011. chaparral 's market share in the 18 to 19 foot category has increased to 11.6 percent during 2012 , compared to 4.0 percent in 2011 , due to the successful launch of these smaller models . the emphasis on these models resulted in a significant increase in unit sales , partially offset by a decrease in average selling price per boat . we will continue to monitor our market share and believe it to be important , but we also believe that maximizing profitability takes precedence over growing our market share . 19 outlook management believes that net sales will be higher in 2013 compared to 2012 and that our operating results will improve . this belief is based on indications that recreational boating retail demand has stabilized and may be improving , the fact that our dealer inventories are at reasonable levels , and that our order backlog remains strong . indications from early winter boat shows are that attendance and sales are moderately higher than at this same time last year . although industry wide retail boat sales remain lower than they were in 2008 , volumes did expand in 2012 and we expect this to continue in 2013. we believe improvements in retail boat sales will be modest due to the continued economic weakness which tends to discourage consumers from purchasing large discretionary goods such as pleasure boats . fluctuations in fuel prices can impact our sales . rising fuel prices in the first quarter of 2013 could negatively impact 2013 spring retail sales , thus impacting our production levels , net sales and margins . over the long term , the lower expected returns on financial assets may have long-term effects on consumer behavior with regard to pleasure boating . however , if sustained , recent improvements in the housing market could have positive effects on sales . for a number of years , marine products as well as other manufacturers have been improving their customer service capabilities , marketing strategies and sales promotions in order to attract more consumers to recreational boating as well as improve consumers ' boating experiences . in addition , the recreational boating industry conducts a promotional program which involves advertising and consumer targeting efforts , as well as other activities designed to increase the potential consumer market for pleasure boats . many manufacturers , including marine products , participate in this program . management believes that these efforts have incrementally benefited the industry and marine products . as in past years , marine products is enhancing its selection of models for the 2013 model year which began on july 1 , 2012. we are continuing to expand the value-priced chaparral and robalo models that were initially introduced for model year 2012 , as well as updating selected larger models in the ssx line . we believe that the value-priced models we are producing will continue to enhance the achievement of our objectives related to improved manufacturing cost efficiencies , meeting dealer requests for entry-level models and increasing retail market share . our financial results in 2013 will depend on a number of factors , including interest rates , consumer confidence , the availability of credit to our dealers and consumers , fuel costs , the continued acceptance of our new products in the recreational boating market , our ability to compete in the competitive pleasure boating industry , and the costs of certain of our raw materials and key components . 20 results of operations replace_table_token_4_th year ended december 31 , 2012 compared to year ended december 31 , 2011 net sales . marine products ' net sales increased by $ 42.5 million or 39.9 percent in 2012 compared to 2011. the increase was primarily due to a 62.1 percent increase in the number of boats sold , partially offset by a 15.1 percent decrease in the average gross selling price per boat . unit sales increased dramatically due to sales of our recently introduced chaparral h2o sport and fish & ski boats , as well as our robalo 180 and 200 outboard sport fishing boat . the increased sales of these smaller models also resulted in the decrease in overall average selling prices during 2012 compared to 2011. during 2012 , sales outside of the united states accounted for 20.3 percent of net sales , a slight decrease compared to 21.4 percent of net sales in the prior year . domestic sales increased 42.0 percent and international sales increased 32.6 percent during the period compared to the prior year . the majority of the increase in international sales was due to higher sales volumes in canada due to an expanded dealer network coupled with improvement in the canadian economy while most other international economies continue to struggle . cost of goods sold . story_separator_special_tag income taxes - the effective income tax rate was 28.2 percent in 2012 , 19.8 percent in 2011 , and 21.2 percent in 2010. the effective tax rates vary due to changes in estimates of future taxable income , fluctuations in the tax jurisdictions in which the earnings and deductions are realized , variations in the relationship of tax-exempt income or losses to income before taxes and favorable or unfavorable adjustments to estimated tax liabilities related to proposed or probable assessments . as a result , the effective tax rate may fluctuate significantly on a quarterly or annual basis . the large tax rate increase in 2012 , compared to 2011 , is due primarily to a $ 2.0 million tax free gain recorded in 2011 that did not reoccur in 2012. the company establishes a valuation allowance against the carrying value of deferred tax assets when it is determined that it is more likely than not that the asset will not be realized through future taxable income . such amounts are charged to earnings in the period the determination is made . likewise , if it is later determined that it is more likely than not that the net deferred tax assets would be realized , the applicable portion of the previously provided valuation allowance is reversed . the company considers future market growth , forecasted earnings , future taxable income , the mix of earnings in the jurisdictions in which the company operates , and prudent and feasible tax planning strategies in determining the need for a valuation allowance . 25 the company calculates the current and deferred tax provision based on estimates and assumptions that could differ from the actual results reflected in income tax returns filed during the subsequent year . adjustments based on filed returns are recorded when identified , which is generally in the third quarter of the subsequent year for u.s. federal and state provisions . deferred tax liabilities and assets are determined based on the differences between the financial and tax bases of assets and liabilities using enacted tax rates in effect in the year the differences are expected to reverse . the amount of income taxes the company pays is subject to ongoing audits by federal and state tax authorities , which often result in proposed assessments . our estimate for the potential outcome for any uncertain tax issue is highly judgmental . the company believes it has adequately provided for any reasonably foreseeable outcome related to these matters . however , future results may include favorable or unfavorable adjustments to estimated tax liabilities in the period the assessments are made or resolved or when statutes of limitation on potential assessments expire . additionally , the jurisdictions in which earnings or deductions are realized may differ from current estimates . 26 impact of recent accounting pronouncements during the year ended december 31 , 2012 , the financial accounting standards board ( fasb ) issued the following accounting standards updates ( asu ) : recently adopted accounting pronouncements : ● asu 2011-05 , comprehensive income ( topic 220 ) : presentation of comprehensive income . the amendments to the codification in this asu allow an entity the option to present the total of comprehensive income , the components of net income , and the components of other comprehensive income either in a single continuous statement of comprehensive income or in two separate but consecutive statements . in both choices , an entity is required to present each component of net income along with total net income , each component of other comprehensive income along with a total for other comprehensive income , and a total amount for comprehensive income . this asu eliminates the option to present the components of other comprehensive income as part of the statement of changes in stockholders ' equity . the amendments to the codification in the asu do not change the items that must be reported in other comprehensive income or when an item of other comprehensive income must be reclassified to net income . the amendments are to be applied retrospectively and are effective for fiscal years beginning after december 15 , 2011. the company has adopted these provisions in the first quarter of 2012 and has presented a separate statement of comprehensive income consecutively after the statement showing net income in the accompanying financial statements . adoption of these provisions did not have a material impact on the company 's consolidated financial statements . ● asu 2012-02 , intangibles-goodwill and other ( topic 350 ) : testing indefinite-lived intangible assets for impairment . the amendments in this codification permits an entity to first assess qualitative factors to determine whether it is “ more likely than not ” that the indefinite-lived intangible asset is impaired . if , after assessing the totality of events and circumstances , an entity concludes that it is not more likely than not that the indefinite-lived intangible asset is impaired , then the entity is not required to take further action . however , if an entity concludes otherwise , then it is required to perform the quantitative impairment test by comparing the fair value with the carrying amount in accordance with codification subtopic 350-30. an entity has the option to bypass the qualitative assessment for any indefinite-lived intangible asset in any period , proceeding directly to performing the quantitative impairment test and resume performing the qualitative assessment in any subsequent period . the amendments in this asu are effective for annual and interim impairment tests performed for fiscal years beginning after september 15 , 2012 with early adoption being permitted , including for annual and interim impairment tests performed as of a date before july 27 , 2012 , if an entity 's financial statements for the most recent annual or interim period have not been issued . the company adopted these provisions in the fourth quarter of 2012 for annual and interim impairment tests performed starting this year

cash and cash flows the company 's cash and cash equivalents were $ 1.6 million at december 31 , 2012 , $ 1.0 million at december 31 , 2011 and $ 9.5 million at december 31 , 2010. in addition , the aggregate of short-term and long-term marketable securities was $ 36.9 million at december 31 , 2012 , $ 54.1 million at december 31 , 2011 and $ 42.8 million at december 31 , 2010. the following table sets forth the historical cash flows for the twelve months ended december 31 : replace_table_token_5_th 2012 cash provided by operating activities increased by $ 4.9 million in 2012 compared to 2011. this increase was primarily due to a significant increase in net income during 2012 compared to 2011 , excluding the gain on a benefit plan financing arrangement in 2011 , partially offset by higher working capital requirements during 2012 consistent with increased production volumes and the timing of adding critical manufacturing components into inventory . cash provided by investing activities was $ 16.8 million in 2012 compared to $ 11.6 million used for investing activities in 2011. this change was due to increased sales of marketable securities , primarily used to fund a portion of the $ 0.55 per share special dividend paid in the fourth quarter of 2012. cash used for financing activities increased $ 24.0 million in 2012 primarily due to the reinstatement of a $ 0.02 per share regular quarterly dividend beginning in the firstquarter of 2012 coupled with a special dividend of $ 0.55 per share paid in the fourth quarter of 2012. there were no dividend payments in 2011 .


 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.
     ```cash and cash flows the company 's cash and cash equivalents were $ 1.6 million at december 31 , 2012 , $ 1.0 million at december 31 , 2011 and $ 9.5 million at december 31 , 2010. in addition , the aggregate of short-term and long-term marketable securities was $ 36.9 million at december 31 , 2012 , $ 54.1 million at december 31 , 2011 and $ 42.8 million at december 31 , 2010. the following table sets forth the historical cash flows for the twelve months ended december 31 : replace_table_token_5_th 2012 cash provided by operating activities increased by $ 4.9 million in 2012 compared to 2011. this increase was primarily due to a significant increase in net income during 2012 compared to 2011 , excluding the gain on a benefit plan financing arrangement in 2011 , partially offset by higher working capital requirements during 2012 consistent with increased production volumes and the timing of adding critical manufacturing components into inventory . cash provided by investing activities was $ 16.8 million in 2012 compared to $ 11.6 million used for investing activities in 2011. this change was due to increased sales of marketable securities , primarily used to fund a portion of the $ 0.55 per share special dividend paid in the fourth quarter of 2012. cash used for financing activities increased $ 24.0 million in 2012 primarily due to the reinstatement of a $ 0.02 per share regular quarterly dividend beginning in the firstquarter of 2012 coupled with a special dividend of $ 0.55 per share paid in the fourth quarter of 2012. there were no dividend payments in 2011 .
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 Suspicious Activity Report : we achieved higher net sales , as well as increased gross and operating profit in 2012 compared to 2011. management will continue to monitor retail demand , dealer inventory levels and the availability of dealer and consumer financing for the purchase of our products and adjust our production levels as deemed appropriate . we continuously monitor our market share in the 18 to 35 foot sterndrive category as one indicator of the success of our strategies and the market 's acceptance of our products . for the nine months ended september 30 , 2012 ( latest data available to us ) , chaparral 's market share in the 18 to 35 foot sterndrive category was 11.7 percent , an increase from our market share in the same category for the nine months ended september 30 , 2011 of 8.3 percent . our market share increased across a broad size range , but was higher among the smaller boats in our market due to the new entry level chaparral models which were first introduced in the fourth quarter of 2011. chaparral 's market share in the 18 to 19 foot category has increased to 11.6 percent during 2012 , compared to 4.0 percent in 2011 , due to the successful launch of these smaller models . the emphasis on these models resulted in a significant increase in unit sales , partially offset by a decrease in average selling price per boat . we will continue to monitor our market share and believe it to be important , but we also believe that maximizing profitability takes precedence over growing our market share . 19 outlook management believes that net sales will be higher in 2013 compared to 2012 and that our operating results will improve . this belief is based on indications that recreational boating retail demand has stabilized and may be improving , the fact that our dealer inventories are at reasonable levels , and that our order backlog remains strong . indications from early winter boat shows are that attendance and sales are moderately higher than at this same time last year . although industry wide retail boat sales remain lower than they were in 2008 , volumes did expand in 2012 and we expect this to continue in 2013. we believe improvements in retail boat sales will be modest due to the continued economic weakness which tends to discourage consumers from purchasing large discretionary goods such as pleasure boats . fluctuations in fuel prices can impact our sales . rising fuel prices in the first quarter of 2013 could negatively impact 2013 spring retail sales , thus impacting our production levels , net sales and margins . over the long term , the lower expected returns on financial assets may have long-term effects on consumer behavior with regard to pleasure boating . however , if sustained , recent improvements in the housing market could have positive effects on sales . for a number of years , marine products as well as other manufacturers have been improving their customer service capabilities , marketing strategies and sales promotions in order to attract more consumers to recreational boating as well as improve consumers ' boating experiences . in addition , the recreational boating industry conducts a promotional program which involves advertising and consumer targeting efforts , as well as other activities designed to increase the potential consumer market for pleasure boats . many manufacturers , including marine products , participate in this program . management believes that these efforts have incrementally benefited the industry and marine products . as in past years , marine products is enhancing its selection of models for the 2013 model year which began on july 1 , 2012. we are continuing to expand the value-priced chaparral and robalo models that were initially introduced for model year 2012 , as well as updating selected larger models in the ssx line . we believe that the value-priced models we are producing will continue to enhance the achievement of our objectives related to improved manufacturing cost efficiencies , meeting dealer requests for entry-level models and increasing retail market share . our financial results in 2013 will depend on a number of factors , including interest rates , consumer confidence , the availability of credit to our dealers and consumers , fuel costs , the continued acceptance of our new products in the recreational boating market , our ability to compete in the competitive pleasure boating industry , and the costs of certain of our raw materials and key components . 20 results of operations replace_table_token_4_th year ended december 31 , 2012 compared to year ended december 31 , 2011 net sales . marine products ' net sales increased by $ 42.5 million or 39.9 percent in 2012 compared to 2011. the increase was primarily due to a 62.1 percent increase in the number of boats sold , partially offset by a 15.1 percent decrease in the average gross selling price per boat . unit sales increased dramatically due to sales of our recently introduced chaparral h2o sport and fish & ski boats , as well as our robalo 180 and 200 outboard sport fishing boat . the increased sales of these smaller models also resulted in the decrease in overall average selling prices during 2012 compared to 2011. during 2012 , sales outside of the united states accounted for 20.3 percent of net sales , a slight decrease compared to 21.4 percent of net sales in the prior year . domestic sales increased 42.0 percent and international sales increased 32.6 percent during the period compared to the prior year . the majority of the increase in international sales was due to higher sales volumes in canada due to an expanded dealer network coupled with improvement in the canadian economy while most other international economies continue to struggle . cost of goods sold . story_separator_special_tag income taxes - the effective income tax rate was 28.2 percent in 2012 , 19.8 percent in 2011 , and 21.2 percent in 2010. the effective tax rates vary due to changes in estimates of future taxable income , fluctuations in the tax jurisdictions in which the earnings and deductions are realized , variations in the relationship of tax-exempt income or losses to income before taxes and favorable or unfavorable adjustments to estimated tax liabilities related to proposed or probable assessments . as a result , the effective tax rate may fluctuate significantly on a quarterly or annual basis . the large tax rate increase in 2012 , compared to 2011 , is due primarily to a $ 2.0 million tax free gain recorded in 2011 that did not reoccur in 2012. the company establishes a valuation allowance against the carrying value of deferred tax assets when it is determined that it is more likely than not that the asset will not be realized through future taxable income . such amounts are charged to earnings in the period the determination is made . likewise , if it is later determined that it is more likely than not that the net deferred tax assets would be realized , the applicable portion of the previously provided valuation allowance is reversed . the company considers future market growth , forecasted earnings , future taxable income , the mix of earnings in the jurisdictions in which the company operates , and prudent and feasible tax planning strategies in determining the need for a valuation allowance . 25 the company calculates the current and deferred tax provision based on estimates and assumptions that could differ from the actual results reflected in income tax returns filed during the subsequent year . adjustments based on filed returns are recorded when identified , which is generally in the third quarter of the subsequent year for u.s. federal and state provisions . deferred tax liabilities and assets are determined based on the differences between the financial and tax bases of assets and liabilities using enacted tax rates in effect in the year the differences are expected to reverse . the amount of income taxes the company pays is subject to ongoing audits by federal and state tax authorities , which often result in proposed assessments . our estimate for the potential outcome for any uncertain tax issue is highly judgmental . the company believes it has adequately provided for any reasonably foreseeable outcome related to these matters . however , future results may include favorable or unfavorable adjustments to estimated tax liabilities in the period the assessments are made or resolved or when statutes of limitation on potential assessments expire . additionally , the jurisdictions in which earnings or deductions are realized may differ from current estimates . 26 impact of recent accounting pronouncements during the year ended december 31 , 2012 , the financial accounting standards board ( fasb ) issued the following accounting standards updates ( asu ) : recently adopted accounting pronouncements : ● asu 2011-05 , comprehensive income ( topic 220 ) : presentation of comprehensive income . the amendments to the codification in this asu allow an entity the option to present the total of comprehensive income , the components of net income , and the components of other comprehensive income either in a single continuous statement of comprehensive income or in two separate but consecutive statements . in both choices , an entity is required to present each component of net income along with total net income , each component of other comprehensive income along with a total for other comprehensive income , and a total amount for comprehensive income . this asu eliminates the option to present the components of other comprehensive income as part of the statement of changes in stockholders ' equity . the amendments to the codification in the asu do not change the items that must be reported in other comprehensive income or when an item of other comprehensive income must be reclassified to net income . the amendments are to be applied retrospectively and are effective for fiscal years beginning after december 15 , 2011. the company has adopted these provisions in the first quarter of 2012 and has presented a separate statement of comprehensive income consecutively after the statement showing net income in the accompanying financial statements . adoption of these provisions did not have a material impact on the company 's consolidated financial statements . ● asu 2012-02 , intangibles-goodwill and other ( topic 350 ) : testing indefinite-lived intangible assets for impairment . the amendments in this codification permits an entity to first assess qualitative factors to determine whether it is “ more likely than not ” that the indefinite-lived intangible asset is impaired . if , after assessing the totality of events and circumstances , an entity concludes that it is not more likely than not that the indefinite-lived intangible asset is impaired , then the entity is not required to take further action . however , if an entity concludes otherwise , then it is required to perform the quantitative impairment test by comparing the fair value with the carrying amount in accordance with codification subtopic 350-30. an entity has the option to bypass the qualitative assessment for any indefinite-lived intangible asset in any period , proceeding directly to performing the quantitative impairment test and resume performing the qualitative assessment in any subsequent period . the amendments in this asu are effective for annual and interim impairment tests performed for fiscal years beginning after september 15 , 2012 with early adoption being permitted , including for annual and interim impairment tests performed as of a date before july 27 , 2012 , if an entity 's financial statements for the most recent annual or interim period have not been issued . the company adopted these provisions in the fourth quarter of 2012 for annual and interim impairment tests performed starting this year

