the combination of these factors caused a global supply and demand imbalance for oil and natural gas which , along with concerns regarding the growth outlook in china and the anticipation of potential supply increases related to the lifting of sanctions against iran , resulted in materially lower crude oil prices in 2015 and to date in 2016. the average price of west texas intermediate ( wti ) crude oil decreased from an average price of $ 73 per barrel in the fourth quarter of 2014 to an average of $ 49 per barrel in 2015. these data points compare to an average price of $ 93 per barrel in 2014. the average price of intercontinental exchange brent ( brent ) crude decreased from an average price of $ 76 per barrel in the fourth quarter of 2014 to an average of $ 52 per barrel in 2015. these data points compare to an average price of $ 99 per barrel in 2014. as of february 18 , 2016 , wti crude traded at approximately $ 31 per barrel while brent crude traded at approximately $ 34 per barrel . the magnitude of the supply/demand imbalance has created a market concern that crude oil prices could decline further or remain at their currently low level for the foreseeable future , with the current twelve-month forward strip price for wti and brent crude each averaging $ 37 per barrel . the current and expected price for wti crude will continue to influence our customers ' spending in u.s. shale play developments , such as the permian , bakken , niobrara , and eagle ford basins . spending in these regions will influence the overall drilling and completion activity in the area and , therefore , the activity of our well site services segment . the price for brent crude will influence our customers ' spending related to global offshore drilling and development and , thus , the activity of our offshore products segment . -40- given the historical volatility of crude prices , there remains a high degree of risk that prices could deteriorate further due to high levels of domestic and opec crude oil production , slowing growth rates in various global regions and or the potential for ongoing supply/demand imbalances . conversely , if the global supply of oil were to decrease due to reduced capital investment by our customers or government instability in a major oil-producing nation and energy demand were to continue to increase in the u.s. and countries such as china and india , a recovery in wti and brent crude prices could occur . in any event , crude oil price improvements will depend upon a rebalancing of global supply and demand , the timing of which is difficult to predict . if commodity prices do not improve or decline further , demand for our products and services could further decline . prices for natural gas in the u.s. averaged $ 2.62 per mmbtu in 2015 compared to $ 4.37 per mmbtu in 2014. natural gas prices declined during 2015 largely due to increased natural gas inventories . natural gas prices traded at approximately $ 1.85 per mmbtu as of february 18 , 2016. strong production and a milder winter this year compared to last year resulted in significant increases in natural gas inventories in the u.s. during 2015 , from 2 % below the 5-year average as of the end of 2014 to 14 % above the 5-year average as of the end of 2015. customer spending in the natural gas shale plays has been limited due to associated gas being produced from unconventional oil wells in north america , specifically onshore shale production resulting from the broad application of horizontal drilling and hydraulic fracturing techniques which continued during 2015 , albeit at a much slower pace , and the commissioning of a number of new , large , lng export facilities around the world . as a result of natural gas production growth outpacing demand growth in the u.s. , natural gas prices continue to be weak and are expected to remain below levels considered economical for new investments in numerous natural gas fields , with the current twelve-month forward strip price for natural gas averaging $ 2.30 per mmbtu . if natural gas production growth continues to surpass demand growth in the u.s. and or the supply of natural gas were to increase , whether the supply comes from conventional or unconventional production or associated natural gas production from oil wells , prices for natural gas could remain depressed for an extended period and result in fewer rigs drilling for natural gas . recent wti crude , brent crude and natural gas pricing trends are as follows : replace_table_token_8_th ( 1 ) source : u.s. energy information administration ( eia ) . as of february 18 , 2016 , wti crude , brent crude and natural gas traded at approximately $ 31 per barrel , $ 34 per barrel and $ 1.85 per mmbtu , respectively . ( 2 ) as of december 31 , 2014 , the price of wti and brent crude oil had fallen to $ 53.45 per barrel and $ 55.27 per barrel , respectively . -41- overview demand for the products and services of our offshore products segment is tied primarily to the long-term outlook for commodity prices . demand for our well site services segment responds to shorter-term movements in oil and natural gas prices and , specifically , changes in north american drilling and completion activity given the spot contract nature of our operations coupled with shorter cycles between drilling a well and bringing it on production . other factors that can affect our business and financial results include the general global economic environment and regulatory changes in the u.s. and international markets . story_separator_special_tag ( sg & a ) expense increased $ 18.5 million , or 12 % , in 2014 compared to 2013. the increase was largely due to increased employee-related costs primarily associated with a 5 % increase in total headcount , a portion of which was added in offshore products in connection with the qcs acquisition in december 2013 , coupled with increased bad debt expense . depreciation and amortization . depreciation and amortization expense increased $ 15.5 million , or 14 % , in 2014 compared to 2013 primarily due to capital expenditures made during the previous twelve months across all segments of our company along with increased depreciation and amortization expense related to the qcs acquisition . other operating ( income ) expense . other operating ( income ) expense increased $ 0.8 million , or 9.1 % , in 2014 compared to 2013 primarily due to increased transaction costs incurred in 2014 in connection with the spin-off . operating income . consolidated operating income increased $ 63.0 million , or 25 % , in 2014 compared to 2013 primarily as a result of increases in operating income from our offshore products segment and completion services business of $ 43.2 million , or 28 % , and $ 21.5 million , or 17 % , respectively . these increases in operating income were partially offset by an increase of $ 5.5 million in transaction costs primarily related to the spin-off . interest expense and interest income . net interest expense decreased $ 21.6 million , or 57 % , in 2014 compared to 2013 primarily due to the company 's repurchase of $ 34.0 million aggregate principal amount of our 5 1/8 % notes in the fourth quarter of 2013 , the repurchase of the remaining $ 966.0 million aggregate principal amount of our 6 1/2 % and 5 1/8 % notes in the second quarter of 2014 and the full repayment of our u.s. term loan in the third quarter of 2013 , partially offset by amounts outstanding under our current revolving credit facility coupled with unused commitment fees paid to our lenders . the weighted average interest rate on the company 's total outstanding debt was 6.0 % in 2014 compared to 6.4 % in 2013. loss on extinguishment of debt . during 2014 , we recognized losses on the extinguishment of debt totaling $ 100.4 million primarily due to the repurchase of our remaining 6 1/2 % notes and 5 1/8 % notes , resulting in a loss of $ 96.7 million consisting of the premium paid over book value for the notes and the write-off of unamortized deferred financing costs associated with such notes . in addition , as a result of the refinancing of our bank credit facility in the second quarter of 2014 , we recognized a loss of $ 3.7 million ( net of $ 1.8 million allocated to discontinued operations for the canadian portion of the revolving credit facility ) from the write-off of unamortized deferred financing costs on our revolving credit facility . during 2013 , we recognized a loss on the extinguishment of debt totaling $ 6.2 million from the repurchase of a portion of our 5 1/8 % notes in the fourth quarter of 2013 , resulting in a loss of $ 4.1 million , including the write-off of $ 0.4 million of unamortized deferred financing costs . additionally , during 2013 we wrote off $ 2.1 million of unamortized deferred financing costs associated with the full repayment of our u.s. term loan . -47- income tax expense . the company 's income tax provision for 2014 totaled $ 69.1 million , or 35.2 % of pretax income , compared to income tax expense of $ 75.1 million , or 36.8 % of pretax income , for 2013. the decrease in the effective tax rate from the prior year was largely the result of the mix and levels of pre-tax earnings between the company 's domestic and foreign operations and the loss incurred on extinguishment of debt associated with the debt refinancings completed in connection with the spin-off . discontinued operations . net income from discontinued operations for 2014 was $ 51.8 million compared to $ 208.2 million for 2013 ( exclusive of a $ 128.6 million pre-tax gain , $ 84.0 million after-tax , recorded on the disposal of our tubular services business in 2013 . ) revenues reported within discontinued operations were $ 404.2 million for 2014 compared to $ 2.1 billion for 2013. operating income included within discontinued operations was $ 81.1 million and $ 305.1 million for 2014 and 2013 , respectively . the decreases in revenue and operating income year-over-year primarily relate to the absence of tubular services operations in 2014 compared to 2013 due to this segment 's disposal on september 6 , 2013 , and the absence of accommodations operations for the months of june through december 2014 compared to a full twelve months in 2013 due to the spin-off on may 30 , 2014. other comprehensive income ( loss ) . other comprehensive income ( loss ) increased from a loss of $ 192.8 million in 2013 to income of less than $ 1.0 million in 2014 primarily as a result of foreign currency translation adjustments attributable to the accommodations discontinued operations which were spun-off . liquidity , capital resources and other matters our primary liquidity needs are to fund operating and capital expenditures , which in the past have included expanding and upgrading our offshore products manufacturing facilities and equipment , replacing and increasing completion services assets , funding new product development and general working capital needs . in addition , capital has been used to repay debt , fund our stock repurchase program and fund strategic business acquisitions . our primary sources of funds have been cash flow from operations , proceeds from borrowings under our credit facilities and capital market transactions . in 2014 , we also

loss on extinguishment of debt . during 2014 , we recognized losses on the extinguishment of debt totaling $ 100.4 million primarily due to the repurchase of our remaining 6 1/2 % notes and 5 1/8 % notes , resulting in a loss of $ 96.7 million consisting of the premium paid over book value for the notes and the write-off of unamortized deferred financing costs associated with the notes . in addition , as a result of the refinancing of our bank credit facility in the second quarter of 2014 , we recognized a loss of $ 3.7 million ( net of $ 1.8 million allocated to discontinued operations for the canadian portion of the facility ) from the write-off of unamortized deferred financing costs on our existing credit facility . income tax expense . the company 's income tax provision for 2015 totaled $ 22.2 million , or 43.9 % of pretax income , compared to income tax expense of $ 69.1 million , or 35.2 % of pretax income , for 2014. the increase in the effective tax rate from the prior year was largely the result of a $ 4.1 million valuation allowance recorded against the company 's tax loss carryforwards in various foreign jurisdictions , and $ 3.6 million in tax adjustments primarily related to non-deductible items , partially offset by the loss incurred in 2014 from the extinguishment of debt associated with the debt refinancings completed in conjunction with the spin-off . discontinued operations . net income from discontinued operations for 2015 was $ 0.2 million compared to $ 51.8 million for 2014. there were no revenues reported within discontinued operations during 2015 compared to $ 404.2 million for 2014 due to the spin-off on may 30 , 2014. operating income included within discontinued operations was $ 0.4 million and $ 81.1 million for 2015 and 2014 , respectively . the decreases in revenue and operating income year-over-year primarily relate to the absence of accommodations operations in 2015 compared to five months of operations in 2014. other comprehensive income ( loss ) .


 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.
     ```loss on extinguishment of debt . during 2014 , we recognized losses on the extinguishment of debt totaling $ 100.4 million primarily due to the repurchase of our remaining 6 1/2 % notes and 5 1/8 % notes , resulting in a loss of $ 96.7 million consisting of the premium paid over book value for the notes and the write-off of unamortized deferred financing costs associated with the notes . in addition , as a result of the refinancing of our bank credit facility in the second quarter of 2014 , we recognized a loss of $ 3.7 million ( net of $ 1.8 million allocated to discontinued operations for the canadian portion of the facility ) from the write-off of unamortized deferred financing costs on our existing credit facility . income tax expense . the company 's income tax provision for 2015 totaled $ 22.2 million , or 43.9 % of pretax income , compared to income tax expense of $ 69.1 million , or 35.2 % of pretax income , for 2014. the increase in the effective tax rate from the prior year was largely the result of a $ 4.1 million valuation allowance recorded against the company 's tax loss carryforwards in various foreign jurisdictions , and $ 3.6 million in tax adjustments primarily related to non-deductible items , partially offset by the loss incurred in 2014 from the extinguishment of debt associated with the debt refinancings completed in conjunction with the spin-off . discontinued operations . net income from discontinued operations for 2015 was $ 0.2 million compared to $ 51.8 million for 2014. there were no revenues reported within discontinued operations during 2015 compared to $ 404.2 million for 2014 due to the spin-off on may 30 , 2014. operating income included within discontinued operations was $ 0.4 million and $ 81.1 million for 2015 and 2014 , respectively . the decreases in revenue and operating income year-over-year primarily relate to the absence of accommodations operations in 2015 compared to five months of operations in 2014. other comprehensive income ( loss ) .
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 Suspicious Activity Report : the combination of these factors caused a global supply and demand imbalance for oil and natural gas which , along with concerns regarding the growth outlook in china and the anticipation of potential supply increases related to the lifting of sanctions against iran , resulted in materially lower crude oil prices in 2015 and to date in 2016. the average price of west texas intermediate ( wti ) crude oil decreased from an average price of $ 73 per barrel in the fourth quarter of 2014 to an average of $ 49 per barrel in 2015. these data points compare to an average price of $ 93 per barrel in 2014. the average price of intercontinental exchange brent ( brent ) crude decreased from an average price of $ 76 per barrel in the fourth quarter of 2014 to an average of $ 52 per barrel in 2015. these data points compare to an average price of $ 99 per barrel in 2014. as of february 18 , 2016 , wti crude traded at approximately $ 31 per barrel while brent crude traded at approximately $ 34 per barrel . the magnitude of the supply/demand imbalance has created a market concern that crude oil prices could decline further or remain at their currently low level for the foreseeable future , with the current twelve-month forward strip price for wti and brent crude each averaging $ 37 per barrel . the current and expected price for wti crude will continue to influence our customers ' spending in u.s. shale play developments , such as the permian , bakken , niobrara , and eagle ford basins . spending in these regions will influence the overall drilling and completion activity in the area and , therefore , the activity of our well site services segment . the price for brent crude will influence our customers ' spending related to global offshore drilling and development and , thus , the activity of our offshore products segment . -40- given the historical volatility of crude prices , there remains a high degree of risk that prices could deteriorate further due to high levels of domestic and opec crude oil production , slowing growth rates in various global regions and or the potential for ongoing supply/demand imbalances . conversely , if the global supply of oil were to decrease due to reduced capital investment by our customers or government instability in a major oil-producing nation and energy demand were to continue to increase in the u.s. and countries such as china and india , a recovery in wti and brent crude prices could occur . in any event , crude oil price improvements will depend upon a rebalancing of global supply and demand , the timing of which is difficult to predict . if commodity prices do not improve or decline further , demand for our products and services could further decline . prices for natural gas in the u.s. averaged $ 2.62 per mmbtu in 2015 compared to $ 4.37 per mmbtu in 2014. natural gas prices declined during 2015 largely due to increased natural gas inventories . natural gas prices traded at approximately $ 1.85 per mmbtu as of february 18 , 2016. strong production and a milder winter this year compared to last year resulted in significant increases in natural gas inventories in the u.s. during 2015 , from 2 % below the 5-year average as of the end of 2014 to 14 % above the 5-year average as of the end of 2015. customer spending in the natural gas shale plays has been limited due to associated gas being produced from unconventional oil wells in north america , specifically onshore shale production resulting from the broad application of horizontal drilling and hydraulic fracturing techniques which continued during 2015 , albeit at a much slower pace , and the commissioning of a number of new , large , lng export facilities around the world . as a result of natural gas production growth outpacing demand growth in the u.s. , natural gas prices continue to be weak and are expected to remain below levels considered economical for new investments in numerous natural gas fields , with the current twelve-month forward strip price for natural gas averaging $ 2.30 per mmbtu . if natural gas production growth continues to surpass demand growth in the u.s. and or the supply of natural gas were to increase , whether the supply comes from conventional or unconventional production or associated natural gas production from oil wells , prices for natural gas could remain depressed for an extended period and result in fewer rigs drilling for natural gas . recent wti crude , brent crude and natural gas pricing trends are as follows : replace_table_token_8_th ( 1 ) source : u.s. energy information administration ( eia ) . as of february 18 , 2016 , wti crude , brent crude and natural gas traded at approximately $ 31 per barrel , $ 34 per barrel and $ 1.85 per mmbtu , respectively . ( 2 ) as of december 31 , 2014 , the price of wti and brent crude oil had fallen to $ 53.45 per barrel and $ 55.27 per barrel , respectively . -41- overview demand for the products and services of our offshore products segment is tied primarily to the long-term outlook for commodity prices . demand for our well site services segment responds to shorter-term movements in oil and natural gas prices and , specifically , changes in north american drilling and completion activity given the spot contract nature of our operations coupled with shorter cycles between drilling a well and bringing it on production . other factors that can affect our business and financial results include the general global economic environment and regulatory changes in the u.s. and international markets . story_separator_special_tag ( sg & a ) expense increased $ 18.5 million , or 12 % , in 2014 compared to 2013. the increase was largely due to increased employee-related costs primarily associated with a 5 % increase in total headcount , a portion of which was added in offshore products in connection with the qcs acquisition in december 2013 , coupled with increased bad debt expense . depreciation and amortization . depreciation and amortization expense increased $ 15.5 million , or 14 % , in 2014 compared to 2013 primarily due to capital expenditures made during the previous twelve months across all segments of our company along with increased depreciation and amortization expense related to the qcs acquisition . other operating ( income ) expense . other operating ( income ) expense increased $ 0.8 million , or 9.1 % , in 2014 compared to 2013 primarily due to increased transaction costs incurred in 2014 in connection with the spin-off . operating income . consolidated operating income increased $ 63.0 million , or 25 % , in 2014 compared to 2013 primarily as a result of increases in operating income from our offshore products segment and completion services business of $ 43.2 million , or 28 % , and $ 21.5 million , or 17 % , respectively . these increases in operating income were partially offset by an increase of $ 5.5 million in transaction costs primarily related to the spin-off . interest expense and interest income . net interest expense decreased $ 21.6 million , or 57 % , in 2014 compared to 2013 primarily due to the company 's repurchase of $ 34.0 million aggregate principal amount of our 5 1/8 % notes in the fourth quarter of 2013 , the repurchase of the remaining $ 966.0 million aggregate principal amount of our 6 1/2 % and 5 1/8 % notes in the second quarter of 2014 and the full repayment of our u.s. term loan in the third quarter of 2013 , partially offset by amounts outstanding under our current revolving credit facility coupled with unused commitment fees paid to our lenders . the weighted average interest rate on the company 's total outstanding debt was 6.0 % in 2014 compared to 6.4 % in 2013. loss on extinguishment of debt . during 2014 , we recognized losses on the extinguishment of debt totaling $ 100.4 million primarily due to the repurchase of our remaining 6 1/2 % notes and 5 1/8 % notes , resulting in a loss of $ 96.7 million consisting of the premium paid over book value for the notes and the write-off of unamortized deferred financing costs associated with such notes . in addition , as a result of the refinancing of our bank credit facility in the second quarter of 2014 , we recognized a loss of $ 3.7 million ( net of $ 1.8 million allocated to discontinued operations for the canadian portion of the revolving credit facility ) from the write-off of unamortized deferred financing costs on our revolving credit facility . during 2013 , we recognized a loss on the extinguishment of debt totaling $ 6.2 million from the repurchase of a portion of our 5 1/8 % notes in the fourth quarter of 2013 , resulting in a loss of $ 4.1 million , including the write-off of $ 0.4 million of unamortized deferred financing costs . additionally , during 2013 we wrote off $ 2.1 million of unamortized deferred financing costs associated with the full repayment of our u.s. term loan . -47- income tax expense . the company 's income tax provision for 2014 totaled $ 69.1 million , or 35.2 % of pretax income , compared to income tax expense of $ 75.1 million , or 36.8 % of pretax income , for 2013. the decrease in the effective tax rate from the prior year was largely the result of the mix and levels of pre-tax earnings between the company 's domestic and foreign operations and the loss incurred on extinguishment of debt associated with the debt refinancings completed in connection with the spin-off . discontinued operations . net income from discontinued operations for 2014 was $ 51.8 million compared to $ 208.2 million for 2013 ( exclusive of a $ 128.6 million pre-tax gain , $ 84.0 million after-tax , recorded on the disposal of our tubular services business in 2013 . ) revenues reported within discontinued operations were $ 404.2 million for 2014 compared to $ 2.1 billion for 2013. operating income included within discontinued operations was $ 81.1 million and $ 305.1 million for 2014 and 2013 , respectively . the decreases in revenue and operating income year-over-year primarily relate to the absence of tubular services operations in 2014 compared to 2013 due to this segment 's disposal on september 6 , 2013 , and the absence of accommodations operations for the months of june through december 2014 compared to a full twelve months in 2013 due to the spin-off on may 30 , 2014. other comprehensive income ( loss ) . other comprehensive income ( loss ) increased from a loss of $ 192.8 million in 2013 to income of less than $ 1.0 million in 2014 primarily as a result of foreign currency translation adjustments attributable to the accommodations discontinued operations which were spun-off . liquidity , capital resources and other matters our primary liquidity needs are to fund operating and capital expenditures , which in the past have included expanding and upgrading our offshore products manufacturing facilities and equipment , replacing and increasing completion services assets , funding new product development and general working capital needs . in addition , capital has been used to repay debt , fund our stock repurchase program and fund strategic business acquisitions . our primary sources of funds have been cash flow from operations , proceeds from borrowings under our credit facilities and capital market transactions . in 2014 , we also

