the 2018 year reflected the integration of targa resources corp. 's ( “ targa ” ) pressure barge fleet , acquired on may 10 , 2018 , and the integration of higman , acquired on february 14 , 2018. the 2018 fourth quarter included $ 85,108,000 before taxes , $ 67,235,000 after taxes , or $ 1.12 per share , non-cash impairment of long-lived assets and lease cancellation costs and $ 2,702,000 before taxes , $ 2,135,000 after taxes , or $ 0.04 per share , non-cash impairment of goodwill . the 2018 second quarter included a one-time non-deductible expense of $ 18,057,000 , or $ 0.30 per share , related to the retirement of joseph h. pyne as executive chairman of the board of directors , effective april 30 , 2018. the 2018 first quarter included $ 3,261,000 before taxes , or $ 0.04 per share , of one-time transaction costs associated with the higman acquisition , as well as $ 2,912,000 before taxes , or $ 0.04 per share , of severance and retirement expenses , primarily related to cost reduction initiatives in the coastal marine transportation market and the integration of higman . 36 marine transportation for 2019 , 56 % of the company 's revenues were generated by its marine transportation segment . the segment 's customers include many of the major petrochemical and refining companies that operate in the united states . products transported include intermediate materials used to produce many of the end products used widely by businesses and consumers — plastics , fiber , paints , detergents , oil additives and paper , among others , as well as residual fuel oil , ship bunkers , asphalt , gasoline , diesel fuel , heating oil , crude oil , natural gas condensate and agricultural chemicals . consequently , the company 's marine transportation business is directly affected by the volumes produced by the company 's petroleum , petrochemical and refining customer base . the company 's marine transportation segment 's revenues for 2019 increased 7 % when compared with 2018 and operating income increased 46 % , when compared with 2018. the increase was primarily due to the addition of the higman fleet acquired on february 14 , 2018 , the targa pressure barge fleet acquired on may 10 , 2018 , the cgbm 100 , llc ( “ cgbm ” ) inland tank barges acquired on december 14 , 2018 , and the cenac marine services llc ( “ cenac ” ) fleet acquired on march 14 , 2019 , as well as improved barge utilization in the coastal market and higher spot and term contract pricing in the inland and coastal markets . partially offsetting these increases during 2019 were unusually poor operating conditions due to heavy fog along the gulf coast , prolonged periods of ice on the illinois river , high water on the mississippi river system , closures of key waterways as a result of lock maintenance projects , extended delays in the houston ship channel , and increased shipyard days on several large capacity coastal vessels during the 2019 first and fourth quarters . operating income for 2018 was impacted by the higman transaction costs and severance and retirement costs which were each incurred in the 2018 first quarter and are discussed above . for 2019 and 2018 , the inland tank barge fleet contributed 77 % and 76 % , respectively , and the coastal fleet contributed 23 % and 24 % , respectively , of marine transportation revenues . tank barge utilization levels in the company 's inland marine transportation markets averaged in the mid-90 % range during the 2019 first and second quarters and the low 90 % range during the 2019 third quarter and fourth quarters . for 2018 , utilization ranged from the mid-90 % range during the first quarter , high 80 % to low 90 % during the second quarter , and the low to mid-90 % range during the third and fourth quarters . strong demand from petrochemicals , black oil , refined petroleum products and agricultural chemicals customers , along with extensive delay days due to poor operating conditions which slowed the transport of customer cargoes , contributed to increased utilization during the 2019 first and second quarters . better weather during the 2019 third quarter and receding flood waters on the mississippi river system resulted in fewer delay days and contributed to modestly lower utilization during the 2019 third q uarter . in the 2019 fourth quarter , weather conditions seasonally deteriorated , however , reduced refinery and chemical plant utilization for many of the company 's major customers resulted in tank barge utilization remaining in the low 90 % range for the quarter . coastal tank barge utilization levels averaged in the low 80 % range during the 2019 first quarter and the mid-80 % range during the 2019 second , third and fourth quarters . in 2018 , utilization improved from the high 70 % range during the 2018 first quarter to the 80 % range by end of 2018. the improvement in utilization in 2019 and throughout 2018 primarily reflected improved customer demand resulting in higher utilization of spot market capacity . utilization in the coastal marine fleet continued to be impacted by the oversupply of smaller tank barges in the coastal industry . during 2019 and 2018 , approximately 65 % of the inland marine transportation revenues were under term contracts and 35 % were spot contract revenues . these allocations provide the operations with a more predictable revenue stream . story_separator_special_tag targa 's inland tank barge fleet consisted of 16 pressure barges with a total capacity of 258,000 barrels , many of which were under multi-year contracts that the company assumed from targa . the 16 tank barges transport petrochemicals on the mississippi river system and the gulf intracoastal waterway . financing of the business acquisition was through borrowings under the company 's revolving credit facility . on march 15 , 2018 , the company purchased two inland pressure tank barges from a competitor for $ 10,400,000 in cash . the average age of the two tank barges was five years . financing of the equipment acquisition was through borrowings under the company 's revolving credit facility . on february 14 , 2018 , the company completed the acquisition of higman for $ 421,922,000 in cash . higman 's fleet consisted of 163 inland tank barges with 4.8 million barrels of capacity , and 75 inland towboats , transporting petrochemicals , black oil , including crude oil and natural gas condensate , and refined petroleum products on the mississippi river system and the gulf intracoastal waterway . the average age of the inland tank barges was approximately seven years and the inland towboats had an average age of approximately eight years . financing of the acquisition was through the issuance of the 2028 notes . the 2028 notes were issued on february 12 , 2018 in preparation for closing of the acquisition . 42 on october 20 , 2017 , san jac , a subsidiary of the company , purchased certain assets of sneed shipbuilding , inc. for $ 14,852,000 in cash including its channelview , texas shipyard . san jac is a builder of marine vessels for both inland and offshore applications and a provider of repair and maintenance services . the company intends to build towboats at the shipyard and use the facilities for routine maintenance . financing of the acquisition was through borrowings under the company 's revolving credit facility . on september 13 , 2017 , the company completed the acquisition of substantially all of the assets of s & s , a global manufacturer and distributor of products and services for the oil and gas , marine , construction , power generation , transportation , mining and agricultural industries . the acquired business , which the company operates through a newly formed subsidiary renamed stewart & stevenson llc after the closing of the acquisition , was founded in 1902 and serves domestic and global markets with equipment , rental solutions , parts and service through a strategic network of sales and service centers in domestic and international locations . the total value of the transaction was $ 758,213,000 consisting of cash consideration of $ 377,935,000 , the assumption of $ 13,724,000 of debt and $ 366,554,000 through the issuance of 5,696,259 shares of company common stock valued at $ 64.35 per share , the company 's closing share price on september 13 , 2017. the debt assumed consisted of $ 12,135,000 of term debt and $ 1,589,000 of short-term secured loans related to the company 's south american operations . the term debt was paid off without penalty in the 2017 fourth quarter . financing of the acquisition was through a combination of the company 's revolving credit facility and the issuance of company common stock . s & s is a distributor in certain geographic areas for allison transmission , mtu , detroit diesel , emd , deutz and several other manufacturers . s & s ' principal customers are oilfield service companies , oil and gas operators and producers , and companies in the marine , mining , power generation , on-highway and other commercial and industrial applications . on july 10 , 2017 , the company completed the purchase of certain inland marine assets from an undisclosed competitor for $ 68,000,000 in cash . the assets purchased consisted of nine specialty pressure tank barges , four 30,000 barrel tank barges and three 1320 horsepower inland towboats . the average age of the 13 inland tank barges was five years . the 13 tank barges transport petrochemicals and refined petroleum products on the mississippi river system and the gulf intracoastal waterway . financing of the equipment acquisition was through borrowings under the company 's revolving credit facility . during july 2017 , the company purchased four inland tank barges for $ 1,450,000 , as well as a barge fleeting and marine fueling operation business in freeport , texas for $ 3,900,000. the company had been leasing the barges prior to the purchase . financing of the acquisitions was through the company 's revolving credit facility . results of operations the company reported 2019 net earnings attributable to kirby of $ 142,347,000 , or $ 2.37 per share , on revenues of $ 2,838,399,000 , compared with 2018 net earnings attributable to kirby of $ 78,452,000 , or $ 1.31 per share , on revenues of $ 2,970,697,000 , and 2017 net earnings attributable to kirby of $ 313,187,000 , or $ 5.62 per share , on revenues of $ 2,214,418,000. marine transportation revenues for 2019 were $ 1,587,082,000 , or 56 % of total revenues , compared with $ 1,483,143,000 , or 50 % of total revenues for 2018 , and $ 1,324,106,000 , or 60 % of total revenues for 2017. distribution and services revenues for 2019 were $ 1,251,317,000 , or 44 % of total revenues , compared with $ 1,487,554,000 , or 50 % of total revenues for 2018 , and $ 890,312,000 , or 40 % of total revenues for 2017. the 2019 fourth quarter included $ 35,525,000 before taxes , $ 27,978,000 after taxes , or $ 0.47 per share , non-cash inventory write-downs and $ 4,757,000 before taxes , $ 3,747,000 after taxes , or $ 0.06 per share , severance and early retirement expense . 43 the 2018 fourth quarter included $ 85,108,000 before taxes , $

cash flow and capital expenditures the company continued to generate favorable operating cash flow during 2019 with net cash provided by operating activities of $ 511,813,000 compared with $ 346,999,000 of net cash provided by operating activities for 2018 , a 47 % increase . the improvement was driven by increased revenues and operating income in the marine transportation segment driven by the higman acquisition in february 2018 , the targa acquisition in may 2018 , the cgbm acquisition in december 2018 , and the cenac acquisition in march 2019 , as well as improved coastal barge utilization and improved inland and coastal pricing . the improvement was also due to a net increase in cash flows from the change in operating assets and liabilities of $ 153,953,000 , primarily due to a decrease in inventories reflecting reduced business activity levels in the distribution and services segment in 2019 compared to an increase in 2018. the inventory decrease in 2019 was primarily due to reduced business activity levels in the oil and gas market as compared to higher inventory levels in 2018 required to support higher business activity levels . in addition , during 2019 and 2018 , the company generated cash of $ 57,657,000 and $ 53,392,000 , respectively , from proceeds from the disposition of assets , and $ 5,743,000 and $ 13,264,000 , respectively , from proceeds from the exercise of stock options . 38 for 2019 , cash generated and borrowings under the company 's revolving credit facility were used for capital expenditures of $ 248,164,000 , including $ 22,008,000 for inland towboat construction , $ 18,433,000 for progress payments on three 5000 horsepower coastal atb tugboats , $ 2,294,000 for final costs on a 155,000 barrel coastal atb under construction purchased from another operator that was delivered to the company in the 2018 fourth quarter , and $ 205,429,000 primarily for upgrading existing marine equipment and marine transportation and distribution and services facilities . the company also used $ 262,491,000 for acquisitions of businesses and marine equipment .


 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 flow and capital expenditures the company continued to generate favorable operating cash flow during 2019 with net cash provided by operating activities of $ 511,813,000 compared with $ 346,999,000 of net cash provided by operating activities for 2018 , a 47 % increase . the improvement was driven by increased revenues and operating income in the marine transportation segment driven by the higman acquisition in february 2018 , the targa acquisition in may 2018 , the cgbm acquisition in december 2018 , and the cenac acquisition in march 2019 , as well as improved coastal barge utilization and improved inland and coastal pricing . the improvement was also due to a net increase in cash flows from the change in operating assets and liabilities of $ 153,953,000 , primarily due to a decrease in inventories reflecting reduced business activity levels in the distribution and services segment in 2019 compared to an increase in 2018. the inventory decrease in 2019 was primarily due to reduced business activity levels in the oil and gas market as compared to higher inventory levels in 2018 required to support higher business activity levels . in addition , during 2019 and 2018 , the company generated cash of $ 57,657,000 and $ 53,392,000 , respectively , from proceeds from the disposition of assets , and $ 5,743,000 and $ 13,264,000 , respectively , from proceeds from the exercise of stock options . 38 for 2019 , cash generated and borrowings under the company 's revolving credit facility were used for capital expenditures of $ 248,164,000 , including $ 22,008,000 for inland towboat construction , $ 18,433,000 for progress payments on three 5000 horsepower coastal atb tugboats , $ 2,294,000 for final costs on a 155,000 barrel coastal atb under construction purchased from another operator that was delivered to the company in the 2018 fourth quarter , and $ 205,429,000 primarily for upgrading existing marine equipment and marine transportation and distribution and services facilities . the company also used $ 262,491,000 for acquisitions of businesses and marine equipment .
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 Suspicious Activity Report : the 2018 year reflected the integration of targa resources corp. 's ( “ targa ” ) pressure barge fleet , acquired on may 10 , 2018 , and the integration of higman , acquired on february 14 , 2018. the 2018 fourth quarter included $ 85,108,000 before taxes , $ 67,235,000 after taxes , or $ 1.12 per share , non-cash impairment of long-lived assets and lease cancellation costs and $ 2,702,000 before taxes , $ 2,135,000 after taxes , or $ 0.04 per share , non-cash impairment of goodwill . the 2018 second quarter included a one-time non-deductible expense of $ 18,057,000 , or $ 0.30 per share , related to the retirement of joseph h. pyne as executive chairman of the board of directors , effective april 30 , 2018. the 2018 first quarter included $ 3,261,000 before taxes , or $ 0.04 per share , of one-time transaction costs associated with the higman acquisition , as well as $ 2,912,000 before taxes , or $ 0.04 per share , of severance and retirement expenses , primarily related to cost reduction initiatives in the coastal marine transportation market and the integration of higman . 36 marine transportation for 2019 , 56 % of the company 's revenues were generated by its marine transportation segment . the segment 's customers include many of the major petrochemical and refining companies that operate in the united states . products transported include intermediate materials used to produce many of the end products used widely by businesses and consumers — plastics , fiber , paints , detergents , oil additives and paper , among others , as well as residual fuel oil , ship bunkers , asphalt , gasoline , diesel fuel , heating oil , crude oil , natural gas condensate and agricultural chemicals . consequently , the company 's marine transportation business is directly affected by the volumes produced by the company 's petroleum , petrochemical and refining customer base . the company 's marine transportation segment 's revenues for 2019 increased 7 % when compared with 2018 and operating income increased 46 % , when compared with 2018. the increase was primarily due to the addition of the higman fleet acquired on february 14 , 2018 , the targa pressure barge fleet acquired on may 10 , 2018 , the cgbm 100 , llc ( “ cgbm ” ) inland tank barges acquired on december 14 , 2018 , and the cenac marine services llc ( “ cenac ” ) fleet acquired on march 14 , 2019 , as well as improved barge utilization in the coastal market and higher spot and term contract pricing in the inland and coastal markets . partially offsetting these increases during 2019 were unusually poor operating conditions due to heavy fog along the gulf coast , prolonged periods of ice on the illinois river , high water on the mississippi river system , closures of key waterways as a result of lock maintenance projects , extended delays in the houston ship channel , and increased shipyard days on several large capacity coastal vessels during the 2019 first and fourth quarters . operating income for 2018 was impacted by the higman transaction costs and severance and retirement costs which were each incurred in the 2018 first quarter and are discussed above . for 2019 and 2018 , the inland tank barge fleet contributed 77 % and 76 % , respectively , and the coastal fleet contributed 23 % and 24 % , respectively , of marine transportation revenues . tank barge utilization levels in the company 's inland marine transportation markets averaged in the mid-90 % range during the 2019 first and second quarters and the low 90 % range during the 2019 third quarter and fourth quarters . for 2018 , utilization ranged from the mid-90 % range during the first quarter , high 80 % to low 90 % during the second quarter , and the low to mid-90 % range during the third and fourth quarters . strong demand from petrochemicals , black oil , refined petroleum products and agricultural chemicals customers , along with extensive delay days due to poor operating conditions which slowed the transport of customer cargoes , contributed to increased utilization during the 2019 first and second quarters . better weather during the 2019 third quarter and receding flood waters on the mississippi river system resulted in fewer delay days and contributed to modestly lower utilization during the 2019 third q uarter . in the 2019 fourth quarter , weather conditions seasonally deteriorated , however , reduced refinery and chemical plant utilization for many of the company 's major customers resulted in tank barge utilization remaining in the low 90 % range for the quarter . coastal tank barge utilization levels averaged in the low 80 % range during the 2019 first quarter and the mid-80 % range during the 2019 second , third and fourth quarters . in 2018 , utilization improved from the high 70 % range during the 2018 first quarter to the 80 % range by end of 2018. the improvement in utilization in 2019 and throughout 2018 primarily reflected improved customer demand resulting in higher utilization of spot market capacity . utilization in the coastal marine fleet continued to be impacted by the oversupply of smaller tank barges in the coastal industry . during 2019 and 2018 , approximately 65 % of the inland marine transportation revenues were under term contracts and 35 % were spot contract revenues . these allocations provide the operations with a more predictable revenue stream . story_separator_special_tag targa 's inland tank barge fleet consisted of 16 pressure barges with a total capacity of 258,000 barrels , many of which were under multi-year contracts that the company assumed from targa . the 16 tank barges transport petrochemicals on the mississippi river system and the gulf intracoastal waterway . financing of the business acquisition was through borrowings under the company 's revolving credit facility . on march 15 , 2018 , the company purchased two inland pressure tank barges from a competitor for $ 10,400,000 in cash . the average age of the two tank barges was five years . financing of the equipment acquisition was through borrowings under the company 's revolving credit facility . on february 14 , 2018 , the company completed the acquisition of higman for $ 421,922,000 in cash . higman 's fleet consisted of 163 inland tank barges with 4.8 million barrels of capacity , and 75 inland towboats , transporting petrochemicals , black oil , including crude oil and natural gas condensate , and refined petroleum products on the mississippi river system and the gulf intracoastal waterway . the average age of the inland tank barges was approximately seven years and the inland towboats had an average age of approximately eight years . financing of the acquisition was through the issuance of the 2028 notes . the 2028 notes were issued on february 12 , 2018 in preparation for closing of the acquisition . 42 on october 20 , 2017 , san jac , a subsidiary of the company , purchased certain assets of sneed shipbuilding , inc. for $ 14,852,000 in cash including its channelview , texas shipyard . san jac is a builder of marine vessels for both inland and offshore applications and a provider of repair and maintenance services . the company intends to build towboats at the shipyard and use the facilities for routine maintenance . financing of the acquisition was through borrowings under the company 's revolving credit facility . on september 13 , 2017 , the company completed the acquisition of substantially all of the assets of s & s , a global manufacturer and distributor of products and services for the oil and gas , marine , construction , power generation , transportation , mining and agricultural industries . the acquired business , which the company operates through a newly formed subsidiary renamed stewart & stevenson llc after the closing of the acquisition , was founded in 1902 and serves domestic and global markets with equipment , rental solutions , parts and service through a strategic network of sales and service centers in domestic and international locations . the total value of the transaction was $ 758,213,000 consisting of cash consideration of $ 377,935,000 , the assumption of $ 13,724,000 of debt and $ 366,554,000 through the issuance of 5,696,259 shares of company common stock valued at $ 64.35 per share , the company 's closing share price on september 13 , 2017. the debt assumed consisted of $ 12,135,000 of term debt and $ 1,589,000 of short-term secured loans related to the company 's south american operations . the term debt was paid off without penalty in the 2017 fourth quarter . financing of the acquisition was through a combination of the company 's revolving credit facility and the issuance of company common stock . s & s is a distributor in certain geographic areas for allison transmission , mtu , detroit diesel , emd , deutz and several other manufacturers . s & s ' principal customers are oilfield service companies , oil and gas operators and producers , and companies in the marine , mining , power generation , on-highway and other commercial and industrial applications . on july 10 , 2017 , the company completed the purchase of certain inland marine assets from an undisclosed competitor for $ 68,000,000 in cash . the assets purchased consisted of nine specialty pressure tank barges , four 30,000 barrel tank barges and three 1320 horsepower inland towboats . the average age of the 13 inland tank barges was five years . the 13 tank barges transport petrochemicals and refined petroleum products on the mississippi river system and the gulf intracoastal waterway . financing of the equipment acquisition was through borrowings under the company 's revolving credit facility . during july 2017 , the company purchased four inland tank barges for $ 1,450,000 , as well as a barge fleeting and marine fueling operation business in freeport , texas for $ 3,900,000. the company had been leasing the barges prior to the purchase . financing of the acquisitions was through the company 's revolving credit facility . results of operations the company reported 2019 net earnings attributable to kirby of $ 142,347,000 , or $ 2.37 per share , on revenues of $ 2,838,399,000 , compared with 2018 net earnings attributable to kirby of $ 78,452,000 , or $ 1.31 per share , on revenues of $ 2,970,697,000 , and 2017 net earnings attributable to kirby of $ 313,187,000 , or $ 5.62 per share , on revenues of $ 2,214,418,000. marine transportation revenues for 2019 were $ 1,587,082,000 , or 56 % of total revenues , compared with $ 1,483,143,000 , or 50 % of total revenues for 2018 , and $ 1,324,106,000 , or 60 % of total revenues for 2017. distribution and services revenues for 2019 were $ 1,251,317,000 , or 44 % of total revenues , compared with $ 1,487,554,000 , or 50 % of total revenues for 2018 , and $ 890,312,000 , or 40 % of total revenues for 2017. the 2019 fourth quarter included $ 35,525,000 before taxes , $ 27,978,000 after taxes , or $ 0.47 per share , non-cash inventory write-downs and $ 4,757,000 before taxes , $ 3,747,000 after taxes , or $ 0.06 per share , severance and early retirement expense . 43 the 2018 fourth quarter included $ 85,108,000 before taxes , $

