use of estimates the preparation of financial statements in conformity with u.s. generally accepted accounting principles ( `` u.s. gaap `` ) requires management to make estimates and assumptions that affect the reported amounts and classification of assets , such as marketable securities , accounts receivable , inventory , goodwill ( including the assessment of reporting unit ) , intangible assets , current and deferred income taxes , accrued liabilities ( including restructuring charges and bonus arrangements ) , deferred income and allowances on sales to sell-through distributors , disclosure of contingent assets and liabilities at the date of the financial statements , amounts used in acquisition valuations and purchase accounting , and the reported amounts of product revenue , licensing and services revenue , and expenses during the fiscal periods presented . actual results could differ from those estimates . revenue recognition and deferred income product revenue we sell our products directly to end customers , through a network of independent manufacturers ' representatives , and indirectly through a network of independent sell-in and sell-through distributors . distributors provide periodic data regarding the product , price , quantity , and end customer when products are resold , as well as the quantities of our products they still have in stock . 30 revenue from sales to original equipment manufacturers ( `` oems `` ) and sell-in distributors is generally recognized upon shipment . reserves for sell-in stock rotations , where applicable , are estimated based primarily on historical experience and provided for at the time of shipment . revenue from sales by our sell-through distributors is recognized at the time of reported resale . under both types of revenue recognition , persuasive evidence of an arrangement exists , the price is fixed or determinable , title has transferred , collection of resulting receivables is reasonably assured , and there are no remaining customer acceptance requirements and no remaining significant performance obligations . orders from our sell-through distributors are initially recorded at published list prices ; however , for a majority of our sales , the final selling price is determined at the time of resale and in accordance with a distributor price agreement . for this reason , we do not recognize revenue until products are resold by sell-through distributors to an end customer . in certain circumstances , we allow sell-through distributors to return unsold products . at times , we protect our sell-through distributors against reductions in published list prices . at the time of shipment to sell-through distributors , we ( a ) record accounts receivable at published list price since there is a legally enforceable obligation from the distributor to pay us currently for product delivered , ( b ) relieve inventory for the carrying value of goods shipped since legal title has passed to the distributor , and ( c ) record deferred revenue and deferred cost of sales in deferred income and allowances on sales to sell-through distributors in the liability section of our consolidated balance sheets . revenue and cost of sales to sell-through distributors are deferred until either the product is resold by the distributor or , in certain cases , return privileges terminate , at which time revenue and cost of products sold are reflected in net ( loss ) income , and accounts receivable , net are adjusted to reflect the final selling price . we use estimates and apply judgment to reconcile sell-through distributors ' inventories . errors in our estimates or judgments could result in inaccurate reporting of our revenue , cost of products sold , deferred income and allowances on sales to sell-through distributors , and net ( loss ) income . licensing and services revenue our licensing and services revenue is comprised of revenue from our ip core licensing activity , patent monetization activities , and royalty and adopter fee revenue from our standards activities . these activities are complementary to our product sales and help us monetize our ip and accelerate market adoption curves associated with our technology and standards . from time to time we enter into patent sale and licensing agreements to monetize and license a broad portfolio of our patented inventions . such licensing agreements may include upfront license fees and ongoing royalties . the contractual terms of the agreements generally provide for payments of upfront license fees and or royalties over an extended period of time . revenue from such license fees is recognized when payments become due and payable as long as all other revenue recognition criteria are met , while revenue from royalties is recognized when reported to us by customers . we enter into ip licensing agreements that generally provide licensees the right to incorporate our ip components into their products pursuant to terms and conditions that vary by licensee . revenue earned under these agreements is classified as licensing and services revenue . our ip licensing agreements generally include multiple elements , which may include one or more off-the-shelf or customized ip licenses bundled with support services covering a fixed period of time , generally one year . if the different elements of a multiple-element arrangement qualify as separate units of accounting , we allocate the total arrangement consideration to each element based on relative selling price . amounts allocated to off-the-shelf ip licenses are recognized at the time of sale provided the other conditions for revenue recognition have been met . amounts allocated to the support services are deferred and recognized on a straight-line basis over the support period , generally one year . certain licensing agreements provide for royalty payments based on agreed-upon royalty rates , which may be fixed or variable depending on the terms of the agreement . the amount of revenue we recognize is based on a specified time period or on the agreed-upon royalty rate multiplied by the reported number of units shipped by the customer . story_separator_special_tag for fiscal 2015 , communications and computing end market revenue decreased 21 % primarily driven by a decrease in demand relative to fiscal 2014 from communications customers supporting 4g-lte infrastructure build out in china as that program returned to more normal volumes . mobile and consumer end market revenue increased 1 % in fiscal 2016 , after increasing 37 % in fiscal 2015. mobile and consumer end market revenue increased in fiscal 2016 primarily due to a significant increase in new programmable production volume for a major mobile handset provider offset by a nearly equal decline in assp shipments related to high-definition television ( `` hdtv `` ) and mobile handsets . mobile and consumer end market revenue increased in fiscal 2015 primarily due to the acquisition of silicon image , offset by a 60 % decline in our fpga product revenue due primarily to lower demand at a major oem for certain of our ice40 products . the products acquired were concentrated in the dtv , home theater , and mobile communications markets . for fiscal 2016 , industrial and automotive end market revenue increased 41 % when compared to fiscal 2015. this is primarily due to strength in programmable products revenue resulting from line item reduction and complex programmable logic device ( `` cpld `` ) conversions affecting both the americas and europe . for fiscal 2015 , industrial and automotive end market revenue increased 7 % when compared to fiscal 2014 primarily due to industrial and automotive end market growth in asia and the acquisition of silicon image . licensing and services revenue decreased by 1 % in fiscal 2016 primarily due to slightly reduced adopter fees and audit revenues at licensed end customers . licensing and services revenue was first recognized in fiscal 2015 following the acquisition of silicon image in march 2015. previously , we did not have licensing and services revenue . revenue from this end market is expected to fluctuate , sometimes significantly , from period to period as a result of the timing of completion of ip license arrangements , ip sales , patent sales , and settlement of royalty audits . as a result of the amended model for sharing revenue and the appointment of a new independent agent for the hdmi consortium , we will be entitled to a reduced share of adopter fees paid by parties adopting the hdmi standard in 2017 . 35 revenue by geography we assign revenue to geographies based on customer ship-to address at the point where revenue is recognized . in the case of sell-in distributors and oem customers , revenue is typically recognized , and geography is assigned , when products are shipped to our distributor or oem customer . in the case of sell-through distributors , revenue is recognized when resale to the end customer occurs and geography is assigned based on the end customer location on the resale reports provided by the distributor . both foreign and domestic sales are denominated in u.s. dollars , with the exception of certain historical sales in japan , which were denominated in yen . the composition of our revenue by geography , based on ship-to location , for fiscal years 2016 , 2015 and 2014 was as follows : replace_table_token_6_th revenue in asia decreased 1 % in fiscal 2016 and increased 16 % in fiscal 2015. in fiscal 2016 , revenue decreased in asia primarily due to declines in hdtv and assp revenue , although these were substantially offset by increases in revenue from programmable logic products in the mobile and consumer end market . in fiscal 2015 , revenue growth in asia was due primarily to the acquisition of silicon image , a high concentration of whose products are in the consumer market with the end products they serve heavily manufactured in asia . we believe the asia pacific region will remain the primary source of our revenue due to relatively more favorable business conditions in asia and a continuing trend towards the migration of manufacturing by north american and european customers to the asia pacific region . revenue in europe increased 8 % in fiscal 2016 primarily due to line item reduction and cpld conversions . revenue in europe decreased 6 % in fiscal 2015 primarily due to the completion of a specific program at a large communications customer and a decrease in volume at an industrial customer . revenue from the americas increased 48 % in fiscal 2016 primarily due to line item reduction and cpld conversions . americas revenue increased 4 % in fiscal 2015 due to the addition of silicon image which contributed revenue both in devices and licensing and services enough to offset a decline in programmable products revenue in the region . revenue from foreign sales as a percentage of total revenue was 88 % , 92 % , and 92 % for fiscal 2016 , 2015 and 2014 , respectively . revenue from end customers our top five end customers constituted approximately 27 % in fiscal 2016 , compared to approximately 32 % and 45 % in fiscal years 2015 and 2014 , respectively , primarily due to a more diverse customer base . during fiscal years 2016 and 2015 , no end customer accounted for more than 10 % of total revenue . our largest end customer in fiscal 2016 accounted for approximately 9.9 % of total revenue , while our largest end customer in fiscal 2015 accounted for approximately 9.3 % of total revenue . in fiscal 2014 , our two largest end customers accounted for 19.1 % and 12.3 % , respectively , of total revenue . no other customers accounted for more than 10 % of total revenue during these periods . revenue by distributors sales through distributors have historically accounted for a significant portion of our total revenue . revenue attributable to resale of products by our primary sell-through distributors for fiscal years 2016 , 2015 and 2014 was as follows

liquidity cash and cash equivalents and short-term marketable securities replace_table_token_19_th as of december 31 , 2016 , we had total cash and cash equivalents and short-term marketable securities of $ 116.9 million , of which approximately $ 65.9 million in cash and cash equivalents was held by our foreign subsidiaries . we manage our global cash requirements considering ( i ) available funds among the subsidiaries through which we conduct business , ( ii ) the geographic location of our liquidity needs , and ( iii ) the cost to access international cash balances . the repatriation of non-u.s. earnings may have adverse tax consequences as we may be required to pay and record income tax expense on those funds to the extent they were previously considered permanently reinvested . as of december 31 , 2016 , we could access all cash held by our foreign subsidiaries without incurring significant additional expense . 42 the net increase in cash and cash equivalents and short-term investments of $ 14.3 million as compared to january 2 , 2016 , was primarily the result of $ 41.7 million of cash provided by operations and $ 2.0 million in proceeds received from the sale of the qterics business unit , offset by $ 25.8 million of cash used in capital expenditures and payment for software licenses and $ 5.2 million of cash used in the repayment of debt . accounts receivable , net replace_table_token_20_th accounts receivable , net increased $ 11.2 million or 13 % as of december 31 , 2016 compared to january 2 , 2016 , due to an increase in shipments to certain distributors at the end of the current fiscal year as compared to the end of the prior fiscal year , partially offset by decreases in hdmi royalty audit settlements and ip license billings . overall days sales outstanding at december 31 , 2016 was 77 , a decrease of 3 days from 80 days at january 2 , 2016 . days sales outstanding at december 31 , 2016 related to product revenue was 75 , an increase of 5 days from 70 days at january 2 , 2016 .


 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 cash and cash equivalents and short-term marketable securities replace_table_token_19_th as of december 31 , 2016 , we had total cash and cash equivalents and short-term marketable securities of $ 116.9 million , of which approximately $ 65.9 million in cash and cash equivalents was held by our foreign subsidiaries . we manage our global cash requirements considering ( i ) available funds among the subsidiaries through which we conduct business , ( ii ) the geographic location of our liquidity needs , and ( iii ) the cost to access international cash balances . the repatriation of non-u.s. earnings may have adverse tax consequences as we may be required to pay and record income tax expense on those funds to the extent they were previously considered permanently reinvested . as of december 31 , 2016 , we could access all cash held by our foreign subsidiaries without incurring significant additional expense . 42 the net increase in cash and cash equivalents and short-term investments of $ 14.3 million as compared to january 2 , 2016 , was primarily the result of $ 41.7 million of cash provided by operations and $ 2.0 million in proceeds received from the sale of the qterics business unit , offset by $ 25.8 million of cash used in capital expenditures and payment for software licenses and $ 5.2 million of cash used in the repayment of debt . accounts receivable , net replace_table_token_20_th accounts receivable , net increased $ 11.2 million or 13 % as of december 31 , 2016 compared to january 2 , 2016 , due to an increase in shipments to certain distributors at the end of the current fiscal year as compared to the end of the prior fiscal year , partially offset by decreases in hdmi royalty audit settlements and ip license billings . overall days sales outstanding at december 31 , 2016 was 77 , a decrease of 3 days from 80 days at january 2 , 2016 . days sales outstanding at december 31 , 2016 related to product revenue was 75 , an increase of 5 days from 70 days at january 2 , 2016 .
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 Suspicious Activity Report : use of estimates the preparation of financial statements in conformity with u.s. generally accepted accounting principles ( `` u.s. gaap `` ) requires management to make estimates and assumptions that affect the reported amounts and classification of assets , such as marketable securities , accounts receivable , inventory , goodwill ( including the assessment of reporting unit ) , intangible assets , current and deferred income taxes , accrued liabilities ( including restructuring charges and bonus arrangements ) , deferred income and allowances on sales to sell-through distributors , disclosure of contingent assets and liabilities at the date of the financial statements , amounts used in acquisition valuations and purchase accounting , and the reported amounts of product revenue , licensing and services revenue , and expenses during the fiscal periods presented . actual results could differ from those estimates . revenue recognition and deferred income product revenue we sell our products directly to end customers , through a network of independent manufacturers ' representatives , and indirectly through a network of independent sell-in and sell-through distributors . distributors provide periodic data regarding the product , price , quantity , and end customer when products are resold , as well as the quantities of our products they still have in stock . 30 revenue from sales to original equipment manufacturers ( `` oems `` ) and sell-in distributors is generally recognized upon shipment . reserves for sell-in stock rotations , where applicable , are estimated based primarily on historical experience and provided for at the time of shipment . revenue from sales by our sell-through distributors is recognized at the time of reported resale . under both types of revenue recognition , persuasive evidence of an arrangement exists , the price is fixed or determinable , title has transferred , collection of resulting receivables is reasonably assured , and there are no remaining customer acceptance requirements and no remaining significant performance obligations . orders from our sell-through distributors are initially recorded at published list prices ; however , for a majority of our sales , the final selling price is determined at the time of resale and in accordance with a distributor price agreement . for this reason , we do not recognize revenue until products are resold by sell-through distributors to an end customer . in certain circumstances , we allow sell-through distributors to return unsold products . at times , we protect our sell-through distributors against reductions in published list prices . at the time of shipment to sell-through distributors , we ( a ) record accounts receivable at published list price since there is a legally enforceable obligation from the distributor to pay us currently for product delivered , ( b ) relieve inventory for the carrying value of goods shipped since legal title has passed to the distributor , and ( c ) record deferred revenue and deferred cost of sales in deferred income and allowances on sales to sell-through distributors in the liability section of our consolidated balance sheets . revenue and cost of sales to sell-through distributors are deferred until either the product is resold by the distributor or , in certain cases , return privileges terminate , at which time revenue and cost of products sold are reflected in net ( loss ) income , and accounts receivable , net are adjusted to reflect the final selling price . we use estimates and apply judgment to reconcile sell-through distributors ' inventories . errors in our estimates or judgments could result in inaccurate reporting of our revenue , cost of products sold , deferred income and allowances on sales to sell-through distributors , and net ( loss ) income . licensing and services revenue our licensing and services revenue is comprised of revenue from our ip core licensing activity , patent monetization activities , and royalty and adopter fee revenue from our standards activities . these activities are complementary to our product sales and help us monetize our ip and accelerate market adoption curves associated with our technology and standards . from time to time we enter into patent sale and licensing agreements to monetize and license a broad portfolio of our patented inventions . such licensing agreements may include upfront license fees and ongoing royalties . the contractual terms of the agreements generally provide for payments of upfront license fees and or royalties over an extended period of time . revenue from such license fees is recognized when payments become due and payable as long as all other revenue recognition criteria are met , while revenue from royalties is recognized when reported to us by customers . we enter into ip licensing agreements that generally provide licensees the right to incorporate our ip components into their products pursuant to terms and conditions that vary by licensee . revenue earned under these agreements is classified as licensing and services revenue . our ip licensing agreements generally include multiple elements , which may include one or more off-the-shelf or customized ip licenses bundled with support services covering a fixed period of time , generally one year . if the different elements of a multiple-element arrangement qualify as separate units of accounting , we allocate the total arrangement consideration to each element based on relative selling price . amounts allocated to off-the-shelf ip licenses are recognized at the time of sale provided the other conditions for revenue recognition have been met . amounts allocated to the support services are deferred and recognized on a straight-line basis over the support period , generally one year . certain licensing agreements provide for royalty payments based on agreed-upon royalty rates , which may be fixed or variable depending on the terms of the agreement . the amount of revenue we recognize is based on a specified time period or on the agreed-upon royalty rate multiplied by the reported number of units shipped by the customer . story_separator_special_tag for fiscal 2015 , communications and computing end market revenue decreased 21 % primarily driven by a decrease in demand relative to fiscal 2014 from communications customers supporting 4g-lte infrastructure build out in china as that program returned to more normal volumes . mobile and consumer end market revenue increased 1 % in fiscal 2016 , after increasing 37 % in fiscal 2015. mobile and consumer end market revenue increased in fiscal 2016 primarily due to a significant increase in new programmable production volume for a major mobile handset provider offset by a nearly equal decline in assp shipments related to high-definition television ( `` hdtv `` ) and mobile handsets . mobile and consumer end market revenue increased in fiscal 2015 primarily due to the acquisition of silicon image , offset by a 60 % decline in our fpga product revenue due primarily to lower demand at a major oem for certain of our ice40 products . the products acquired were concentrated in the dtv , home theater , and mobile communications markets . for fiscal 2016 , industrial and automotive end market revenue increased 41 % when compared to fiscal 2015. this is primarily due to strength in programmable products revenue resulting from line item reduction and complex programmable logic device ( `` cpld `` ) conversions affecting both the americas and europe . for fiscal 2015 , industrial and automotive end market revenue increased 7 % when compared to fiscal 2014 primarily due to industrial and automotive end market growth in asia and the acquisition of silicon image . licensing and services revenue decreased by 1 % in fiscal 2016 primarily due to slightly reduced adopter fees and audit revenues at licensed end customers . licensing and services revenue was first recognized in fiscal 2015 following the acquisition of silicon image in march 2015. previously , we did not have licensing and services revenue . revenue from this end market is expected to fluctuate , sometimes significantly , from period to period as a result of the timing of completion of ip license arrangements , ip sales , patent sales , and settlement of royalty audits . as a result of the amended model for sharing revenue and the appointment of a new independent agent for the hdmi consortium , we will be entitled to a reduced share of adopter fees paid by parties adopting the hdmi standard in 2017 . 35 revenue by geography we assign revenue to geographies based on customer ship-to address at the point where revenue is recognized . in the case of sell-in distributors and oem customers , revenue is typically recognized , and geography is assigned , when products are shipped to our distributor or oem customer . in the case of sell-through distributors , revenue is recognized when resale to the end customer occurs and geography is assigned based on the end customer location on the resale reports provided by the distributor . both foreign and domestic sales are denominated in u.s. dollars , with the exception of certain historical sales in japan , which were denominated in yen . the composition of our revenue by geography , based on ship-to location , for fiscal years 2016 , 2015 and 2014 was as follows : replace_table_token_6_th revenue in asia decreased 1 % in fiscal 2016 and increased 16 % in fiscal 2015. in fiscal 2016 , revenue decreased in asia primarily due to declines in hdtv and assp revenue , although these were substantially offset by increases in revenue from programmable logic products in the mobile and consumer end market . in fiscal 2015 , revenue growth in asia was due primarily to the acquisition of silicon image , a high concentration of whose products are in the consumer market with the end products they serve heavily manufactured in asia . we believe the asia pacific region will remain the primary source of our revenue due to relatively more favorable business conditions in asia and a continuing trend towards the migration of manufacturing by north american and european customers to the asia pacific region . revenue in europe increased 8 % in fiscal 2016 primarily due to line item reduction and cpld conversions . revenue in europe decreased 6 % in fiscal 2015 primarily due to the completion of a specific program at a large communications customer and a decrease in volume at an industrial customer . revenue from the americas increased 48 % in fiscal 2016 primarily due to line item reduction and cpld conversions . americas revenue increased 4 % in fiscal 2015 due to the addition of silicon image which contributed revenue both in devices and licensing and services enough to offset a decline in programmable products revenue in the region . revenue from foreign sales as a percentage of total revenue was 88 % , 92 % , and 92 % for fiscal 2016 , 2015 and 2014 , respectively . revenue from end customers our top five end customers constituted approximately 27 % in fiscal 2016 , compared to approximately 32 % and 45 % in fiscal years 2015 and 2014 , respectively , primarily due to a more diverse customer base . during fiscal years 2016 and 2015 , no end customer accounted for more than 10 % of total revenue . our largest end customer in fiscal 2016 accounted for approximately 9.9 % of total revenue , while our largest end customer in fiscal 2015 accounted for approximately 9.3 % of total revenue . in fiscal 2014 , our two largest end customers accounted for 19.1 % and 12.3 % , respectively , of total revenue . no other customers accounted for more than 10 % of total revenue during these periods . revenue by distributors sales through distributors have historically accounted for a significant portion of our total revenue . revenue attributable to resale of products by our primary sell-through distributors for fiscal years 2016 , 2015 and 2014 was as follows

