r & d expenses decreased to $ 33.6 million in fiscal 2013 from $ 34.5 million in 2012 due to the global consolidation of the project management office , which reduced costs while streamlining reporting processes globally . selling , general and administrative ( “ sg & a ” ) expenses include selling costs directly attributed to the ids and wps segments , as well as administrative expenses including finance , information technology , human resources and legal . sg & a expenses increased to $ 452.2 million in fiscal 2014 compared to $ 427.9 million in fiscal 2013 . the increase was primarily due to incremental sg & a associated with the pdc business of approximately $ 22 million . in addition , the company expanded its sales force in multiple geographies within the ids segment in fiscal 2014 and increased spending in both on-line advertising as well as traditional print advertising within the wps segment . sg & a expense increased to $ 427.9 million in fiscal 2013 compared to $ 392.7 million in fiscal 2012 . the increase was primarily due to the addition of pdc , which also contributed to an incremental $ 6.0 million of amortization of intangible assets . the total increase in sg & a was partially offset by a reduction in variable incentive compensation from fiscal 2012 to fiscal 2013 . 17 in fiscal 2014 , the company announced a restructuring plan to consolidate facilities in north america , europe and asia . the company implemented this restructuring plan to enhance customer service , improve efficiency of operations and reduce operating expenses , with expected annual pre-tax operational savings of approximately $ 10 million . the cash expenditures for these restructuring activities were funded with cash generated from operations . facility consolidation activities will extend into fiscal 2015 as the company slowed certain consolidation activities to ensure the highest levels of quality and delivery throughout the transition , and will result in approximately $ 15 million of additional restructuring charges . in fiscal 2013 , the company announced a restructuring action to reduce its global workforce by approximately 5-7 % in order to address its cost structure . in connection with these restructuring actions , the company incurred restructuring charges of $ 15.0 million in fiscal 2014 . these charges consisted of $ 9.3 million of employee separation costs , $ 4.4 million of facility closure related costs , $ 1.0 million of contract termination costs , and $ 0.3 million of non-cash asset write-offs . the charges for employee separation costs consisted of severance pay , outplacement services , medical and other benefits . non-cash asset write-offs consist mainly of indefinite-lived tradenames written off in conjunction with brand consolidations . of the $ 15.0 million recognized in fiscal 2014 , $ 9.0 million was incurred within the ids segment and $ 6.0 million was incurred within the wps segment . restructuring charges were $ 26.0 million in fiscal 2013 and consisted of employee separation costs , fixed asset write-offs , and other facility closure costs associated with the restructuring plan announced in february 2013 to reorganize into global product-based business platforms and reduce our global cost structure . of the $ 26.0 million recognized in fiscal 2013 , $ 15.8 million was incurred within the ids segment and $ 10.2 million was incurred within the wps segment . restructuring charges were $ 6.1 million in fiscal 2012 and consisted of costs incurred to consolidate facilities within both the ids and wps segments primarily in the americas . the remaining charges related to severance costs associated with a prior year restructuring program . of the $ 6.1 million recognized in fiscal 2012 , $ 4.3 million was incurred within the ids segment and $ 1.8 million was incurred within the wps segment . the company performed its annual goodwill impairment assessment on may 1 , 2014 , and subsequently concluded that the peopleid reporting unit was impaired . in conjunction with the goodwill impairment analysis , management concluded that other finite and indefinite-lived intangible assets within the reporting unit were impaired . refer to the item 7 - business segment operating results as well as note 3 `` goodwill and other intangible assets `` of item 8 for further discussion regarding the impairment charges . impairment charges in continuing operations were $ 148.6 million in fiscal 2014 , which consisted of $ 100.4 million in goodwill and $ 48.2 million in intangible assets primarily associated with the peopleid reporting unit . as a result of the company 's annual goodwill impairment assessment performed in fiscal 2013 , the company concluded that the wps americas and ids apac reporting units were impaired . in conjunction with the goodwill impairment analysis , management also concluded tradenames and certain fixed assets within the reporting units were impaired . impairment charges in continuing operations were $ 204.4 million in fiscal 2013 and consisted of the following : $ 172.3 million in goodwill in the wps americas reporting unit $ 18.2 million in goodwill in the ids apac reporting unit $ 10.6 million in tradenames in the wps segment $ 3.3 million in fixed assets in the ids apac reporting unit operating loss was $ 41.2 million in fiscal 2014 . excluding the impairment charges of $ 148.6 million and restructuring charges of $ 15.0 million , the company generated operating income from continuing operations of $ 122.4 million in fiscal 2014 . the fiscal 2013 operating loss was $ 82.6 million . excluding the impairment charges of $ 204.4 million and restructuring charges of $ 26.0 million , the company generated operating income of $ 147.9 million in fiscal 2013 . the decrease was mainly due to the decline in segment profit of the wps business , which is discussed in further detail within the business segment operating results section . operating loss was $ 82.6 million in fiscal 2013. excluding impairment charges of $ 204.4 story_separator_special_tag in performing the fiscal 2014 annual goodwill impairment assessment , the company completed a sensitivity analysis on the material assumptions used in the discounted cash flow models for each of its reporting units . the fair value was substantially in excess of carrying value for the entire wps segment , however , the company is providing a detailed sensitivity analysis of the wps europe and wps apac reporting units given that the wps strategy remains a key risk in the current fiscal year . the wps americas reporting unit was impaired in the prior year and therefore has an insignificant goodwill balance remaining , as such , a sensitivity analysis was not completed . the fair value of the wps europe and wps apac reporting units were substantially in excess of carrying value at the annual goodwill assessment date of may 1 , 2014 , with goodwill balances of $ 60.3 million and $ 32.8 million , respectively . the company considers a reporting unit 's fair value to be substantially in excess of its carrying value at 20 % or greater . the company prepares a discounted cash flow model and market multiples model to conclude upon fair value as part of its annual goodwill impairment test . in order to arrive at the assumptions for the discounted cash flow analysis completed as part of the annual goodwill impairment test , the company considered multiple factors , including ( a ) macroeconomic conditions , ( b ) industry and market factors such as competition and changes in the market for the reporting unit 's products , ( c ) overall financial performance such as cash flows , actual and planned revenue and profitability , and ( d ) changes in strategy for the reporting unit . the assumption with the most impact on our determination of fair value of both reporting units is profitability . a reduction in the annual profitability assumption by 100 basis points results in a decrease in the amount of fair value in excess of carrying value of 11 % and 9 % for wps europe and wps apac , respectively , but would still result in fair value substantially in excess of carrying value for both reporting units . fiscal 2013 vs. 2012 net sales decreased by 3.7 % from fiscal 2012 to 2013 , which consisted of an organic decline of 7.0 % , currency impact of a negative 0.7 % , and growth from acquisitions of 4.0 % . the company acquired runelandhs and pervaco in europe in may 2012. organic sales in the wps segment declined 7.0 % within all geographies from fiscal 2012 to 2013 , and have declined for the preceding seven quarters . wps apac sales are generated entirely in australia , and have declined for the last four quarters mainly due to the weakness in the australian economy . in the americas and europe , organic sales declined by 5 % and 6 % , respectively . beginning in fiscal 2012 , we experienced a deterioration of this business due to a reduction in direct catalog mailings , increased e-commerce competition , and pricing adjustments . the company continued to modify its strategy to grow this business , which included : investments in e-commerce capabilities , pricing structure changes and expansion of product offerings . segment profit decreased in fiscal 2013 to $ 95.2 million from $ 117.2 million , a decline of $ 22.0 million or 18.8 % . this was primarily due to volume and price declines as a result of increased competition and reduced catalog advertising . in addition , the company redirected some of its investment from the traditional catalog model to e-business , the benefits of which were anticipated to be realized in future fiscal years . since the global economic recession of 2009 , organic growth within the wps americas reporting unit has been difficult to achieve , especially within mature economies such as the u.s. and canada where business-to-business transactions over the internet are more advanced than many of the european and australian markets . with the acceleration of the internet in the business-to- 23 business market , competition and pricing pressure have intensified . as a result , organic sales declined by approximately 7.0 % and segment profit declined by nearly 20 % during fiscal 2013 as compared to fiscal 2012. the company modified its strategy within the wps platform in fiscal 2013 , which included investments in enhanced e-commerce capabilities , expanded product offerings , enhanced industry-specific expertise , and adjustments to pricing strategies . although management believed the strategy modifications would improve organic sales and profitability of the wps platform in future years , there is risk associated with any strategy . as such , the company 's fiscal 2013 annual goodwill impairment analysis ( `` step one `` ) reflected the risk in the strategy and the decline in fiscal 2013 sales and profitability , which occurred during a period of time in which the company was redirecting its investment from the traditional catalog model to e-business . in addition , the rate of decline became more pronounced during the second half of fiscal 2013 and fell short of internal forecasts , resulting in the conclusion that wps americas failed step one , as the resulting fair value was less than the carrying value of the reporting unit . upon completion of the impairment assessment , the company recognized a goodwill impairment charge of $ 172.3 million during fiscal 2013. in conjunction with the goodwill impairment test of the wps americas reporting unit , indefinite-lived tradenames associated with the reporting unit were revalued and analyzed for impairment . as a result , indefinite-lived tradenames in the amount of $ 10.6 million primarily associated with the wps americas reporting unit were impaired during fiscal 2013. liquidity & capital resources cash and cash equivalents were $ 81.8 million at july 31 , 2014 , a decline of $

net cash used in financing activities was $ 115.4 million during fiscal 2014 , compared to $ 33.1 million during the prior year . in fiscal 2014 , the company used cash to pay dividends of $ 40.5 million , purchased common shares for $ 30.6 million , and made a principal payment of $ 61.3 million on its private placement debt . this was offset primarily by cash proceeds of $ 12.1 million from the issuance of common stock related to stock option exercises during the year . in fiscal 2013 , the company used cash of $ 39.2 million to pay dividends and made a principal payment of $ 61.3 million on its private placement debt . this was offset by cash proceeds of $ 20.3 million from the issuance of common stock related to stock option exercises , and by the borrowing activity from the company 's credit revolver and multi-currency line of credit in china , which provided $ 50.6 million in cash in fiscal 2013. net cash provided by operating activities was $ 143.5 million during fiscal 2013 compared to $ 144.7 million in fiscal 2012 . although there was minimal change in total from fiscal 2012 to 2013 , the cash flow from pre-tax income declined approximately $ 30 million , primarily due to the decline in sales and profits in our wps segment . this was offset by the improvement in working 24 capital of approximately $ 30 million .


 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 used in financing activities was $ 115.4 million during fiscal 2014 , compared to $ 33.1 million during the prior year . in fiscal 2014 , the company used cash to pay dividends of $ 40.5 million , purchased common shares for $ 30.6 million , and made a principal payment of $ 61.3 million on its private placement debt . this was offset primarily by cash proceeds of $ 12.1 million from the issuance of common stock related to stock option exercises during the year . in fiscal 2013 , the company used cash of $ 39.2 million to pay dividends and made a principal payment of $ 61.3 million on its private placement debt . this was offset by cash proceeds of $ 20.3 million from the issuance of common stock related to stock option exercises , and by the borrowing activity from the company 's credit revolver and multi-currency line of credit in china , which provided $ 50.6 million in cash in fiscal 2013. net cash provided by operating activities was $ 143.5 million during fiscal 2013 compared to $ 144.7 million in fiscal 2012 . although there was minimal change in total from fiscal 2012 to 2013 , the cash flow from pre-tax income declined approximately $ 30 million , primarily due to the decline in sales and profits in our wps segment . this was offset by the improvement in working 24 capital of approximately $ 30 million .
```    
 Suspicious Activity Report : r & d expenses decreased to $ 33.6 million in fiscal 2013 from $ 34.5 million in 2012 due to the global consolidation of the project management office , which reduced costs while streamlining reporting processes globally . selling , general and administrative ( “ sg & a ” ) expenses include selling costs directly attributed to the ids and wps segments , as well as administrative expenses including finance , information technology , human resources and legal . sg & a expenses increased to $ 452.2 million in fiscal 2014 compared to $ 427.9 million in fiscal 2013 . the increase was primarily due to incremental sg & a associated with the pdc business of approximately $ 22 million . in addition , the company expanded its sales force in multiple geographies within the ids segment in fiscal 2014 and increased spending in both on-line advertising as well as traditional print advertising within the wps segment . sg & a expense increased to $ 427.9 million in fiscal 2013 compared to $ 392.7 million in fiscal 2012 . the increase was primarily due to the addition of pdc , which also contributed to an incremental $ 6.0 million of amortization of intangible assets . the total increase in sg & a was partially offset by a reduction in variable incentive compensation from fiscal 2012 to fiscal 2013 . 17 in fiscal 2014 , the company announced a restructuring plan to consolidate facilities in north america , europe and asia . the company implemented this restructuring plan to enhance customer service , improve efficiency of operations and reduce operating expenses , with expected annual pre-tax operational savings of approximately $ 10 million . the cash expenditures for these restructuring activities were funded with cash generated from operations . facility consolidation activities will extend into fiscal 2015 as the company slowed certain consolidation activities to ensure the highest levels of quality and delivery throughout the transition , and will result in approximately $ 15 million of additional restructuring charges . in fiscal 2013 , the company announced a restructuring action to reduce its global workforce by approximately 5-7 % in order to address its cost structure . in connection with these restructuring actions , the company incurred restructuring charges of $ 15.0 million in fiscal 2014 . these charges consisted of $ 9.3 million of employee separation costs , $ 4.4 million of facility closure related costs , $ 1.0 million of contract termination costs , and $ 0.3 million of non-cash asset write-offs . the charges for employee separation costs consisted of severance pay , outplacement services , medical and other benefits . non-cash asset write-offs consist mainly of indefinite-lived tradenames written off in conjunction with brand consolidations . of the $ 15.0 million recognized in fiscal 2014 , $ 9.0 million was incurred within the ids segment and $ 6.0 million was incurred within the wps segment . restructuring charges were $ 26.0 million in fiscal 2013 and consisted of employee separation costs , fixed asset write-offs , and other facility closure costs associated with the restructuring plan announced in february 2013 to reorganize into global product-based business platforms and reduce our global cost structure . of the $ 26.0 million recognized in fiscal 2013 , $ 15.8 million was incurred within the ids segment and $ 10.2 million was incurred within the wps segment . restructuring charges were $ 6.1 million in fiscal 2012 and consisted of costs incurred to consolidate facilities within both the ids and wps segments primarily in the americas . the remaining charges related to severance costs associated with a prior year restructuring program . of the $ 6.1 million recognized in fiscal 2012 , $ 4.3 million was incurred within the ids segment and $ 1.8 million was incurred within the wps segment . the company performed its annual goodwill impairment assessment on may 1 , 2014 , and subsequently concluded that the peopleid reporting unit was impaired . in conjunction with the goodwill impairment analysis , management concluded that other finite and indefinite-lived intangible assets within the reporting unit were impaired . refer to the item 7 - business segment operating results as well as note 3 `` goodwill and other intangible assets `` of item 8 for further discussion regarding the impairment charges . impairment charges in continuing operations were $ 148.6 million in fiscal 2014 , which consisted of $ 100.4 million in goodwill and $ 48.2 million in intangible assets primarily associated with the peopleid reporting unit . as a result of the company 's annual goodwill impairment assessment performed in fiscal 2013 , the company concluded that the wps americas and ids apac reporting units were impaired . in conjunction with the goodwill impairment analysis , management also concluded tradenames and certain fixed assets within the reporting units were impaired . impairment charges in continuing operations were $ 204.4 million in fiscal 2013 and consisted of the following : $ 172.3 million in goodwill in the wps americas reporting unit $ 18.2 million in goodwill in the ids apac reporting unit $ 10.6 million in tradenames in the wps segment $ 3.3 million in fixed assets in the ids apac reporting unit operating loss was $ 41.2 million in fiscal 2014 . excluding the impairment charges of $ 148.6 million and restructuring charges of $ 15.0 million , the company generated operating income from continuing operations of $ 122.4 million in fiscal 2014 . the fiscal 2013 operating loss was $ 82.6 million . excluding the impairment charges of $ 204.4 million and restructuring charges of $ 26.0 million , the company generated operating income of $ 147.9 million in fiscal 2013 . the decrease was mainly due to the decline in segment profit of the wps business , which is discussed in further detail within the business segment operating results section . operating loss was $ 82.6 million in fiscal 2013. excluding impairment charges of $ 204.4 story_separator_special_tag in performing the fiscal 2014 annual goodwill impairment assessment , the company completed a sensitivity analysis on the material assumptions used in the discounted cash flow models for each of its reporting units . the fair value was substantially in excess of carrying value for the entire wps segment , however , the company is providing a detailed sensitivity analysis of the wps europe and wps apac reporting units given that the wps strategy remains a key risk in the current fiscal year . the wps americas reporting unit was impaired in the prior year and therefore has an insignificant goodwill balance remaining , as such , a sensitivity analysis was not completed . the fair value of the wps europe and wps apac reporting units were substantially in excess of carrying value at the annual goodwill assessment date of may 1 , 2014 , with goodwill balances of $ 60.3 million and $ 32.8 million , respectively . the company considers a reporting unit 's fair value to be substantially in excess of its carrying value at 20 % or greater . the company prepares a discounted cash flow model and market multiples model to conclude upon fair value as part of its annual goodwill impairment test . in order to arrive at the assumptions for the discounted cash flow analysis completed as part of the annual goodwill impairment test , the company considered multiple factors , including ( a ) macroeconomic conditions , ( b ) industry and market factors such as competition and changes in the market for the reporting unit 's products , ( c ) overall financial performance such as cash flows , actual and planned revenue and profitability , and ( d ) changes in strategy for the reporting unit . the assumption with the most impact on our determination of fair value of both reporting units is profitability . a reduction in the annual profitability assumption by 100 basis points results in a decrease in the amount of fair value in excess of carrying value of 11 % and 9 % for wps europe and wps apac , respectively , but would still result in fair value substantially in excess of carrying value for both reporting units . fiscal 2013 vs. 2012 net sales decreased by 3.7 % from fiscal 2012 to 2013 , which consisted of an organic decline of 7.0 % , currency impact of a negative 0.7 % , and growth from acquisitions of 4.0 % . the company acquired runelandhs and pervaco in europe in may 2012. organic sales in the wps segment declined 7.0 % within all geographies from fiscal 2012 to 2013 , and have declined for the preceding seven quarters . wps apac sales are generated entirely in australia , and have declined for the last four quarters mainly due to the weakness in the australian economy . in the americas and europe , organic sales declined by 5 % and 6 % , respectively . beginning in fiscal 2012 , we experienced a deterioration of this business due to a reduction in direct catalog mailings , increased e-commerce competition , and pricing adjustments . the company continued to modify its strategy to grow this business , which included : investments in e-commerce capabilities , pricing structure changes and expansion of product offerings . segment profit decreased in fiscal 2013 to $ 95.2 million from $ 117.2 million , a decline of $ 22.0 million or 18.8 % . this was primarily due to volume and price declines as a result of increased competition and reduced catalog advertising . in addition , the company redirected some of its investment from the traditional catalog model to e-business , the benefits of which were anticipated to be realized in future fiscal years . since the global economic recession of 2009 , organic growth within the wps americas reporting unit has been difficult to achieve , especially within mature economies such as the u.s. and canada where business-to-business transactions over the internet are more advanced than many of the european and australian markets . with the acceleration of the internet in the business-to- 23 business market , competition and pricing pressure have intensified . as a result , organic sales declined by approximately 7.0 % and segment profit declined by nearly 20 % during fiscal 2013 as compared to fiscal 2012. the company modified its strategy within the wps platform in fiscal 2013 , which included investments in enhanced e-commerce capabilities , expanded product offerings , enhanced industry-specific expertise , and adjustments to pricing strategies . although management believed the strategy modifications would improve organic sales and profitability of the wps platform in future years , there is risk associated with any strategy . as such , the company 's fiscal 2013 annual goodwill impairment analysis ( `` step one `` ) reflected the risk in the strategy and the decline in fiscal 2013 sales and profitability , which occurred during a period of time in which the company was redirecting its investment from the traditional catalog model to e-business . in addition , the rate of decline became more pronounced during the second half of fiscal 2013 and fell short of internal forecasts , resulting in the conclusion that wps americas failed step one , as the resulting fair value was less than the carrying value of the reporting unit . upon completion of the impairment assessment , the company recognized a goodwill impairment charge of $ 172.3 million during fiscal 2013. in conjunction with the goodwill impairment test of the wps americas reporting unit , indefinite-lived tradenames associated with the reporting unit were revalued and analyzed for impairment . as a result , indefinite-lived tradenames in the amount of $ 10.6 million primarily associated with the wps americas reporting unit were impaired during fiscal 2013. liquidity & capital resources cash and cash equivalents were $ 81.8 million at july 31 , 2014 , a decline of $

