are made to customers located outside of the united states , primarily in asia . sales to customers in asia represented approximately 95 % , 90 % and 88 % of our net revenue for fiscal 2014 , 2013 and 2012 , respectively . because many manufacturers and manufacturing subcontractors of our customers are located in asia , we expect that most of our net revenue will continue to be represented by sales to our customers in that region . substantially all of our sales are denominated in u.s. dollars . a significant number of our products are being incorporated into consumer electronics products , including gaming devices and personal computers , which are subject to significant seasonality and fluctuations in demand . holiday and back to school buying trends may at times negatively impact our results in the first and fourth quarter and positively impact our results in the second and third quarter of our fiscal years . in addition , consumer electronics sales are heavily dependent on new product launch timelines and product refreshes . for example , our sales of wireless connectivity products may increase significantly during a period when one of our consumers launches a new gaming console , and these sales may taper significantly after the initial launch period . a relatively large portion of our sales have historically been made on the basis of purchase orders rather than long-term agreements . in addition , the sales cycle for our products is long , which may cause us to experience a delay between the time we incur expenses and the time revenue is generated from these 40 expenditures . we anticipate that the rate of new orders may vary significantly from quarter to quarter . consequently , if anticipated sales and shipments in any quarter do not occur when expected , expenses and inventory levels could be disproportionately high , and our operating results for that quarter and future quarters may be adversely affected . our fiscal year is the 52- or 53-week period ending on the saturday closest to january 31. in a 52-week year , each fiscal quarter consists of 13 weeks . the additional week in a 53-week year is added to the fourth quarter , making such quarter consist of 14 weeks . fiscal 2014 and fiscal 2012 had a 52-week period , and fiscal 2013 had a 53-week period . critical accounting policies and estimates the preparation of consolidated financial statements in conformity with gaap requires management to make estimates , judgments and assumptions that affect the reported amounts of assets , liabilities , revenues and expenses , and related disclosure of contingent assets and liabilities . on an ongoing basis , we evaluate our estimates , including those related to performance-based compensation , revenue recognition , provisions for sales returns and allowances , inventory excess and obsolescence , investment fair values , goodwill and other intangible assets , restructuring , income taxes , litigation and other contingencies . in addition , we use assumptions when employing the monte carlo simulation and black-scholes valuation models to calculate the fair value of share-based awards granted . we base our estimates of the carrying value of certain assets and liabilities on historical experience and on various other assumptions that are believed to be reasonable under the circumstances when these carrying values are not readily available from other sources . actual results could differ from these estimates , and such differences could affect the results of operations reported in future periods . we believe the following critical accounting policies affect our more significant judgments and estimates used in the preparation of our consolidated financial statements . revenue recognition . we recognize revenue when there is persuasive evidence of an arrangement , delivery has occurred , the fee is fixed or determinable , and collection is reasonably assured . product revenue is generally recognized upon shipment of product to customers , net of accruals for estimated sales returns and rebates . however , some of our sales are made through distributors under agreements allowing for price protection , shipped from stock pricing adjustment rights , and limited rights of stock rotation on product unsold by the distributors . although title passes to the distributor upon shipment terms and payment by our distributors is not contingent on resale of the product , product revenue on sales made through distributors with price protection , shipped from stock pricing adjustment rights and stock rotation rights are deferred until the distributors sell the product to end customers . deferred revenue less the related cost of the inventories is reported as deferred income . we do not believe that there is any significant exposure related to impairment of deferred cost of sales , as our historical returns have been minimal and inventory turnover for our distributors generally ranges from 60 to 90 days . our sales to direct customers are made primarily pursuant to standard purchase orders for delivery of products . a portion of our net revenue is derived from sales through third-party logistics providers , who maintain warehouses in close proximity to our customer 's facilities . revenue from sales through these third-party logistics providers is not recognized until the product is pulled from stock by the customer . the provision for estimated sales returns and allowances on product sales is recorded in the same period the related revenues are recorded . these estimates are based on historical sales returns , analysis of credit memo data and other known factors . in addition , quality issues covered by warranties to our customers may be recorded as a reduction of revenue , in cases where the related products are not returned to us and or the amount of the payment is not sufficiently supported by evidence of fair value . actual returns could differ from these estimates . we account for rebates by recording reductions to revenue in the same period that the related revenue is recorded . story_separator_special_tag we expect wireless connectivity and other advanced features in these new game consoles to help drive growth for us in the industry in the upcoming year . in addition , in the smartphone market , we have ongoing 100 % attach rates on our new mobile platforms for our connectivity solutions with our 3g and 4g mobile platforms . we are seeing new opportunities for our connectivity solutions across multiple market segments . 45 in the storage market , we continue to execute well as the overall drive industry seems to have stabilized . we continue to grow within the hdd market as we have seen strong demand for our 500 gigabyte per platter products . in addition , we are seeing increased demand on enterprise drives at a top north america based hdd customer . within the ssd market , our revenue has continued to grow and our strategy of partnering with top tier oems has resulted in excellent traction for our advanced ssd solutions . our pcie ssd solutions are now in mass production and we believe we have a lead in the market . we are also leveraging our technology leadership in hdd and ssd to help our customer migrate to hybrid storage devices . here we are developing a single-chip solution that we believe will drive lower price points and allow the market to grow . we believe this will allow us to further increase our share and solidify our leadership position in the market . in the networking market , we experienced softer than expected demand from some of our enterprise networking customers in fiscal 2014 due to a weaker market overall . we continue to make strong progress with development design activity for our product portfolio addressing the infrastructure portion of the market . we announced our first 28nm network processor and traffic management solutions with our xelerated ax and hx family of products targeting the infrastructure market , where we have engaged with tier-1 customers on these new high-performance products for their next generation networking equipment . we continue to increase our footprint in the service provider market and are benefiting from modest improvements in the enterprise end market . we expect these new initiatives to drive better results starting in the second half of fiscal 2015. our cost of goods sold as a percentage of net revenue in fiscal 2014 was higher compared to fiscal 2013. as we expand our presence and grow revenue in the consumer space , we expect our gross margin to face downward pressure , as these end markets generally have lower average gross margins than the rest of our business . however , we expect growth in the consumer space will result in improvement to total gross margin dollars and operating profit . in addition , we are focused on efforts to improve both aspects of our gross profit , including through cost improvement and pricing . our financial position is strong and we remain committed to deliver shareholder value through our share repurchase and dividend programs . our cash , cash equivalents and short-term investments were $ 2.0 billion at february 1 , 2014 and we generated cash flows from operations of $ 448.0 million in fiscal 2014. we paid a cumulative cash dividend of $ 0.24 per share for a total of $ 119.4 million during fiscal 2014 and we recently announced a dividend of $ 0.06 per share to be paid in the first quarter of fiscal 2015. we repurchased a total of 33.1 million of our common shares for $ 354.1 million in cash during fiscal 2014. we are currently involved in a patent litigation action with carnegie mellon university ( cmu ) ( see risk factors under part i , item 1a of this annual report on form 10-k and note 10  commitments and contingencies in the notes to consolidated financial statements for a further discussion of the risks associated with this matter and other patent litigation matters ) . a jury has awarded past damages of $ 1.17 billion , and cmu has sought pre-judgment damages of up to $ 322 million , post-judgment interest , attorneys ' fees , and an injunction and or ongoing royalties . due to the finding of willfulness during post-trial proceedings , the judge could enhance the damages by an amount up to triple the damages awarded by the jury at trial . we intend to appeal the final judgment and we would seek to stay any award of damages pending the appeal . we strongly believe that we do not infringe on the methods described in the cmu patents and that our products use our own internally developed patented read channel technology . 46 the following table sets forth information derived from our consolidated statements of operations expressed as a percentage of net revenue . replace_table_token_6_th years ended february 1 , 2014 and february 2 , 2013 net revenue year ended february 1 , 2014 february 2 , 2013 % change in 2014 ( in thousands , except percentage ) net revenue $ 3,404,400 $ 3,168,630 7.4 % net revenue is gross revenue , net of accruals for estimated sales returns and rebates . the increase in net revenue during fiscal 2014 was driven by an increase in sales of our storage products , as we continued to see growth for our 500-gigabyte-per-platter products and increased demand for enterprise drives at a top north america based hdd customer . in addition , revenue for solid-state drive controllers increased significantly compared to the prior year , as these products continue to gain traction and popularity . we experienced growth in revenue for our mobile and wireless products in the second half of fiscal 2014 due to successful launches of our new multi-core 3g mobile devices with key oem 's into mobile handsets and tablets . in addition , we saw increased demand for our wireless products driven by the holiday ramp up of new

net cash provided by operating activities net cash provided by operating activities was $ 448.0 million for fiscal 2014 compared to $ 729.0 million for fiscal 2013 and $ 771.2 million for fiscal 2012. the cash inflows from operations for fiscal 2014 were primarily due to $ 623.0 million of net income adjusted for non-cash items and negative working capital changes of $ 175.0 million . the negative impact on working capital was primarily driven by an increase in accounts receivable from higher revenue levels and higher inventories due to the ramp up of new products . the cash inflows from operations for fiscal 2013 were primarily due to $ 592.0 million of net income adjusted for non-cash items and positive working capital changes of $ 137.0 million . the positive change in working capital for fiscal 2013 was primarily driven by a decrease in inventories due to increased shipment towards the end of the current year and a decrease in accounts receivable due to improved collections in the fourth quarter of fiscal 2013 compared to the fourth quarter of fiscal 2012. the cash inflows from operations for fiscal 2012 were primarily due to $ 884.5 million of net income adjusted for non-cash items . within working capital during fiscal 2012 , accounts receivable decreased due to lower levels of revenue in the fourth quarter of fiscal 2012. inventories increased due primarily to two factors : ( 1 ) the floods in thailand which increased our inventories of hard drive products at the end of fiscal 2012 , and ( 2 ) the increased use of hubs managed by third-party logistics providers . when products are shipped to these third-party managed locations , the inventory remains on our books until pulled by the customer .


 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 provided by operating activities net cash provided by operating activities was $ 448.0 million for fiscal 2014 compared to $ 729.0 million for fiscal 2013 and $ 771.2 million for fiscal 2012. the cash inflows from operations for fiscal 2014 were primarily due to $ 623.0 million of net income adjusted for non-cash items and negative working capital changes of $ 175.0 million . the negative impact on working capital was primarily driven by an increase in accounts receivable from higher revenue levels and higher inventories due to the ramp up of new products . the cash inflows from operations for fiscal 2013 were primarily due to $ 592.0 million of net income adjusted for non-cash items and positive working capital changes of $ 137.0 million . the positive change in working capital for fiscal 2013 was primarily driven by a decrease in inventories due to increased shipment towards the end of the current year and a decrease in accounts receivable due to improved collections in the fourth quarter of fiscal 2013 compared to the fourth quarter of fiscal 2012. the cash inflows from operations for fiscal 2012 were primarily due to $ 884.5 million of net income adjusted for non-cash items . within working capital during fiscal 2012 , accounts receivable decreased due to lower levels of revenue in the fourth quarter of fiscal 2012. inventories increased due primarily to two factors : ( 1 ) the floods in thailand which increased our inventories of hard drive products at the end of fiscal 2012 , and ( 2 ) the increased use of hubs managed by third-party logistics providers . when products are shipped to these third-party managed locations , the inventory remains on our books until pulled by the customer .
```    
 Suspicious Activity Report : are made to customers located outside of the united states , primarily in asia . sales to customers in asia represented approximately 95 % , 90 % and 88 % of our net revenue for fiscal 2014 , 2013 and 2012 , respectively . because many manufacturers and manufacturing subcontractors of our customers are located in asia , we expect that most of our net revenue will continue to be represented by sales to our customers in that region . substantially all of our sales are denominated in u.s. dollars . a significant number of our products are being incorporated into consumer electronics products , including gaming devices and personal computers , which are subject to significant seasonality and fluctuations in demand . holiday and back to school buying trends may at times negatively impact our results in the first and fourth quarter and positively impact our results in the second and third quarter of our fiscal years . in addition , consumer electronics sales are heavily dependent on new product launch timelines and product refreshes . for example , our sales of wireless connectivity products may increase significantly during a period when one of our consumers launches a new gaming console , and these sales may taper significantly after the initial launch period . a relatively large portion of our sales have historically been made on the basis of purchase orders rather than long-term agreements . in addition , the sales cycle for our products is long , which may cause us to experience a delay between the time we incur expenses and the time revenue is generated from these 40 expenditures . we anticipate that the rate of new orders may vary significantly from quarter to quarter . consequently , if anticipated sales and shipments in any quarter do not occur when expected , expenses and inventory levels could be disproportionately high , and our operating results for that quarter and future quarters may be adversely affected . our fiscal year is the 52- or 53-week period ending on the saturday closest to january 31. in a 52-week year , each fiscal quarter consists of 13 weeks . the additional week in a 53-week year is added to the fourth quarter , making such quarter consist of 14 weeks . fiscal 2014 and fiscal 2012 had a 52-week period , and fiscal 2013 had a 53-week period . critical accounting policies and estimates the preparation of consolidated financial statements in conformity with gaap requires management to make estimates , judgments and assumptions that affect the reported amounts of assets , liabilities , revenues and expenses , and related disclosure of contingent assets and liabilities . on an ongoing basis , we evaluate our estimates , including those related to performance-based compensation , revenue recognition , provisions for sales returns and allowances , inventory excess and obsolescence , investment fair values , goodwill and other intangible assets , restructuring , income taxes , litigation and other contingencies . in addition , we use assumptions when employing the monte carlo simulation and black-scholes valuation models to calculate the fair value of share-based awards granted . we base our estimates of the carrying value of certain assets and liabilities on historical experience and on various other assumptions that are believed to be reasonable under the circumstances when these carrying values are not readily available from other sources . actual results could differ from these estimates , and such differences could affect the results of operations reported in future periods . we believe the following critical accounting policies affect our more significant judgments and estimates used in the preparation of our consolidated financial statements . revenue recognition . we recognize revenue when there is persuasive evidence of an arrangement , delivery has occurred , the fee is fixed or determinable , and collection is reasonably assured . product revenue is generally recognized upon shipment of product to customers , net of accruals for estimated sales returns and rebates . however , some of our sales are made through distributors under agreements allowing for price protection , shipped from stock pricing adjustment rights , and limited rights of stock rotation on product unsold by the distributors . although title passes to the distributor upon shipment terms and payment by our distributors is not contingent on resale of the product , product revenue on sales made through distributors with price protection , shipped from stock pricing adjustment rights and stock rotation rights are deferred until the distributors sell the product to end customers . deferred revenue less the related cost of the inventories is reported as deferred income . we do not believe that there is any significant exposure related to impairment of deferred cost of sales , as our historical returns have been minimal and inventory turnover for our distributors generally ranges from 60 to 90 days . our sales to direct customers are made primarily pursuant to standard purchase orders for delivery of products . a portion of our net revenue is derived from sales through third-party logistics providers , who maintain warehouses in close proximity to our customer 's facilities . revenue from sales through these third-party logistics providers is not recognized until the product is pulled from stock by the customer . the provision for estimated sales returns and allowances on product sales is recorded in the same period the related revenues are recorded . these estimates are based on historical sales returns , analysis of credit memo data and other known factors . in addition , quality issues covered by warranties to our customers may be recorded as a reduction of revenue , in cases where the related products are not returned to us and or the amount of the payment is not sufficiently supported by evidence of fair value . actual returns could differ from these estimates . we account for rebates by recording reductions to revenue in the same period that the related revenue is recorded . story_separator_special_tag we expect wireless connectivity and other advanced features in these new game consoles to help drive growth for us in the industry in the upcoming year . in addition , in the smartphone market , we have ongoing 100 % attach rates on our new mobile platforms for our connectivity solutions with our 3g and 4g mobile platforms . we are seeing new opportunities for our connectivity solutions across multiple market segments . 45 in the storage market , we continue to execute well as the overall drive industry seems to have stabilized . we continue to grow within the hdd market as we have seen strong demand for our 500 gigabyte per platter products . in addition , we are seeing increased demand on enterprise drives at a top north america based hdd customer . within the ssd market , our revenue has continued to grow and our strategy of partnering with top tier oems has resulted in excellent traction for our advanced ssd solutions . our pcie ssd solutions are now in mass production and we believe we have a lead in the market . we are also leveraging our technology leadership in hdd and ssd to help our customer migrate to hybrid storage devices . here we are developing a single-chip solution that we believe will drive lower price points and allow the market to grow . we believe this will allow us to further increase our share and solidify our leadership position in the market . in the networking market , we experienced softer than expected demand from some of our enterprise networking customers in fiscal 2014 due to a weaker market overall . we continue to make strong progress with development design activity for our product portfolio addressing the infrastructure portion of the market . we announced our first 28nm network processor and traffic management solutions with our xelerated ax and hx family of products targeting the infrastructure market , where we have engaged with tier-1 customers on these new high-performance products for their next generation networking equipment . we continue to increase our footprint in the service provider market and are benefiting from modest improvements in the enterprise end market . we expect these new initiatives to drive better results starting in the second half of fiscal 2015. our cost of goods sold as a percentage of net revenue in fiscal 2014 was higher compared to fiscal 2013. as we expand our presence and grow revenue in the consumer space , we expect our gross margin to face downward pressure , as these end markets generally have lower average gross margins than the rest of our business . however , we expect growth in the consumer space will result in improvement to total gross margin dollars and operating profit . in addition , we are focused on efforts to improve both aspects of our gross profit , including through cost improvement and pricing . our financial position is strong and we remain committed to deliver shareholder value through our share repurchase and dividend programs . our cash , cash equivalents and short-term investments were $ 2.0 billion at february 1 , 2014 and we generated cash flows from operations of $ 448.0 million in fiscal 2014. we paid a cumulative cash dividend of $ 0.24 per share for a total of $ 119.4 million during fiscal 2014 and we recently announced a dividend of $ 0.06 per share to be paid in the first quarter of fiscal 2015. we repurchased a total of 33.1 million of our common shares for $ 354.1 million in cash during fiscal 2014. we are currently involved in a patent litigation action with carnegie mellon university ( cmu ) ( see risk factors under part i , item 1a of this annual report on form 10-k and note 10  commitments and contingencies in the notes to consolidated financial statements for a further discussion of the risks associated with this matter and other patent litigation matters ) . a jury has awarded past damages of $ 1.17 billion , and cmu has sought pre-judgment damages of up to $ 322 million , post-judgment interest , attorneys ' fees , and an injunction and or ongoing royalties . due to the finding of willfulness during post-trial proceedings , the judge could enhance the damages by an amount up to triple the damages awarded by the jury at trial . we intend to appeal the final judgment and we would seek to stay any award of damages pending the appeal . we strongly believe that we do not infringe on the methods described in the cmu patents and that our products use our own internally developed patented read channel technology . 46 the following table sets forth information derived from our consolidated statements of operations expressed as a percentage of net revenue . replace_table_token_6_th years ended february 1 , 2014 and february 2 , 2013 net revenue year ended february 1 , 2014 february 2 , 2013 % change in 2014 ( in thousands , except percentage ) net revenue $ 3,404,400 $ 3,168,630 7.4 % net revenue is gross revenue , net of accruals for estimated sales returns and rebates . the increase in net revenue during fiscal 2014 was driven by an increase in sales of our storage products , as we continued to see growth for our 500-gigabyte-per-platter products and increased demand for enterprise drives at a top north america based hdd customer . in addition , revenue for solid-state drive controllers increased significantly compared to the prior year , as these products continue to gain traction and popularity . we experienced growth in revenue for our mobile and wireless products in the second half of fiscal 2014 due to successful launches of our new multi-core 3g mobile devices with key oem 's into mobile handsets and tablets . in addition , we saw increased demand for our wireless products driven by the holiday ramp up of new

