operating in the highly competitive retail industry , the company , along with other retail companies , is influenced by a number of factors including , but not limited to , general economic conditions including the housing market , the overall macroeconomic environment and related changes in the retailing environment , consumer preferences and spending habits , unusual weather patterns and natural disasters , competition from existing and potential competitors , and the ability to find suitable locations at acceptable occupancy costs to support the company 's expansion program . the company continues to face a number of economic challenges impacting consumer confidence and spending , including relatively high unemployment and commodity prices and a sluggish housing market . the company can not predict whether , when or the manner in which these economic conditions will change . the company remains committed to making the required investments in its infrastructure to help position the company for continued success . the company continues to review and prioritize its capital needs while continuing to make investments , principally for new stores , existing store improvements , information technology enhancements including increased spending on its interactive platforms , and other projects whose impact is considered important to its future . the following represents an overview of the company 's financial performance for the periods indicated : · net sales in fiscal 2011 increased approximately 8.5 % to $ 9.500 billion ; net sales in fiscal 2010 increased approximately 11.9 % to $ 8.759 billion over net sales of $ 7.829 billion in fiscal 2009 . · comparable store sales for fiscal 2011 increased by approximately 5.9 % as compared with an increase of approximately 7.8 % in fiscal 2010 and an increase of approximately 4.4 % in fiscal 2009. a store is considered a comparable store when it has been open for twelve full months following its grand opening period ( typically four to six weeks ) . stores relocated or expanded are excluded from comparable store sales if the change in square footage would cause meaningful disparity in sales over the prior period . in the case of a store to be closed , such store 's sales are not considered comparable once the store closing process has commenced . · gross profit for fiscal 2011 was $ 3.931 billion or 41.4 % of net sales compared with $ 3.623 billion or 41.4 % of net sales for fiscal 2010 and $ 3.208 billion or 41.0 % of net sales for fiscal 2009 . 16 · selling , general and administrative expenses ( sg & a ) for fiscal 2011 were $ 2.363 billion or 24.9 % of net sales compared with $ 2.334 billion or 26.7 % of net sales for fiscal 2010 and $ 2.227 billion or 28.5 % of net sales for fiscal 2009 . · the effective tax rate was 37.0 % , 38.8 % and 39.1 % for fiscal years 2011 , 2010 and 2009 , respectively . the tax rate included discrete tax items of an approximate $ 20.7 million net benefit , $ 0.9 million net expense and $ 3.2 million net expense , respectively , for fiscal 2011 , 2010 and 2009 . · for the fiscal year ended february 25 , 2012 , net earnings per diluted share were $ 4.06 ( $ 989.5 million ) , an increase of approximately 32 % , as compared with net earnings per diluted share of $ 3.07 ( $ 791.3 million ) for fiscal 2010 , which was an increase of approximately 33 % from net earnings per diluted share of $ 2.30 ( $ 600.0 million ) for fiscal 2009. for fiscal year ended february 25 , 2012 , the increase in net earnings per diluted share is the result of the items described above , as well as the impact of the company 's repurchases of its common stock . for the fiscal year ended february 26 , 2011 , the increase in net earnings per diluted share primarily reflects the favorable movements in gross profit and sg & a expenses . during fiscal 2011 , 2010 and 2009 , the company 's capital expenditures were $ 243.4 million , $ 183.5 million and $ 153.7 million , respectively . in addition , during fiscal 2011 , 2010 and 2009 , the company repurchased 21.5 million , 15.9 million and 2.7 million shares , respectively , of its common stock at a total cost of approximately $ 1.218 billion , $ 687.6 million and $ 94.9 million , respectively . the company plans to continue to expand its operations and invest in its infrastructure to reach its long term objectives . in fiscal 2012 , the company expects to open approximately 40 new stores across all concepts . during fiscal 2011 , the company opened a total of 38 new stores , including 13 bbb stores throughout the united states and canada , five cts stores , one harmon store and 19 buybuy baby stores , and closed two bbb stores and two harmon stores . results of operations the following table sets forth for the periods indicated ( i ) selected statement of earnings data of the company expressed as a percentage of net sales and ( ii ) the percentage change in dollar amounts from the prior year in selected statement of earnings data : replace_table_token_6_th 17 net sales net sales in fiscal 2011 increased $ 741.4 million to $ 9.500 billion , representing an increase of 8.5 % over $ 8.759 billion of net sales in fiscal 2010 , which increased $ 929.7 million or 11.9 % over the $ 7.829 billion of net sales in fiscal 2009. for fiscal 2011 , approximately 68.6 % of the increase in net sales was story_separator_special_tag the company completed its annual impairment testing of goodwill and other indefinite lived intangible assets and determined that , as of february 25 , 2012 , no impairment existed because the fair value of these assets substantially exceeded their carrying values . in the future , if events or market conditions affect the estimated fair value to the extent that an asset is impaired , the company will adjust the carrying value of these assets in the period in which the impairment occurs . self insurance : the company utilizes a combination of insurance and self insurance for a number of risks including workers ' compensation , general liability , automobile liability and employee related health care benefits ( a portion of which is paid by its employees ) . liabilities associated with the risks that the company retains are estimated by considering historical claims experience , demographic factors , severity factors and other actuarial assumptions . although the company 's claims experience has not displayed substantial volatility in the past , actual experience could materially vary from its historical experience in the future . factors that affect these estimates include but are not limited to : inflation , the number and severity of claims and regulatory changes . in the future , if the company concludes an adjustment to self insurance accruals is required , the liability will be adjusted accordingly . litigation : the company records an estimated liability related to its various claims and legal actions arising in the ordinary course of business when and to the extent that it concludes a liability is probable and the amount of the loss can be reasonably estimated . such estimated loss is based on available information and advice from outside counsel , where appropriate . as additional information becomes available , the company reassesses the potential liability related to claims and legal actions and revises its estimated liabilities , as appropriate . the company expects the ultimate disposition of these matters will not have a material adverse effect on the company 's consolidated financial position , results of operations or liquidity . the company also can not predict the nature and validity 23 of claims which could be asserted in the future , and future claims could have a material impact on its earnings . store opening , expansion , relocation and closing costs : store opening , expansion , relocation and closing costs , including markdowns , asset residual values and projected occupancy costs , are charged to earnings as incurred . stock-based compensation : the company uses a black-scholes option-pricing model to determine the fair value of its stock options . the black-scholes model includes various assumptions , including the expected life of stock options , the expected risk free interest rate and the expected volatility . these assumptions reflect the company 's best estimates , but they involve inherent uncertainties based on market conditions generally outside the control of the company . as a result , if other assumptions had been used , total stock-based compensation cost could have been materially impacted . furthermore , if the company uses different assumptions for future grants , stock-based compensation cost could be materially impacted in future periods . the company determines its assumptions for the black-scholes option-pricing model in accordance with the accounting guidance related to stock compensation . · the expected life of stock options is estimated based on historical experience . · the expected risk free interest rate is based on the u.s. treasury constant maturity interest rate whose term is consistent with the expected life of the stock options . · expected volatility is based on the average of historical and implied volatility . the historical volatility is determined by observing actual prices of the company 's stock over a period commensurate with the expected life of the awards . the implied volatility represents the implied volatility of the company 's call options , which are actively traded on multiple exchanges , had remaining maturities in excess of twelve months , had market prices close to the exercise prices of the employee stock options and were measured on the stock option grant date . the company is required to record stock-based compensation expense net of estimated forfeitures . the company 's forfeiture rate assumption used in determining its stock-based compensation expense is estimated based on historical data . the actual forfeiture rate could differ from these estimates . taxes : the company accounts for its income taxes using the asset and liability method . deferred tax assets and liabilities are recognized for the future tax consequences attributable to the differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and operating loss and tax credit carry-forwards . deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the year in which those temporary differences are expected to be recovered or settled . the effect on deferred tax assets and liabilities of a change in tax rates is recognized in earnings in the period that includes the enactment date . the company intends to reinvest the unremitted earnings of its canadian subsidiary . accordingly , no provision has been made for u.s. or additional non-u.s. taxes with respect to these earnings . in the event of repatriation to the u.s. , in most cases such earnings would be subject to u.s. income taxes . the company recognizes the tax benefit from an uncertain tax position only if it is at least more likely than not that the tax position will be sustained on examination by the taxing authorities based on the technical merits of the position . the tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than fifty percent likelihood of being realized upon settlement with the taxing authorities . the company expects continued volatility in the

liquidity and capital resources the company has been able to finance its operations , including its expansion program , entirely through internally generated funds . for fiscal 2012 , the company believes that it will continue to finance its operations , including its expansion program , share repurchase program and planned capital expenditures , entirely through existing and internally generated funds . capital expenditures for fiscal 2012 , principally for new stores , existing store improvements , and information technology enhancements , including increased spending on interactive platforms , and other projects are planned to be in the range of approximately $ 275.0 million to $ 325.0 million , subject to the timing and composition of the projects . capital expenditures include the following major initiatives : the development of an enhanced website ; an additional 800,000 square foot e-service fulfillment center in georgia ; the relocation of the farmingdale and garden city , new york offices to the company 's corporate headquarters in union , new jersey ; and the initial phase of a new it data center to support the company 's ongoing technology initiatives . fiscal 2011 compared to fiscal 2010 net cash provided by operating activities in fiscal 2011 was $ 1.225 billion , compared with $ 987.4 million in fiscal 2010. year-over-year , the company experienced an increase in net earnings , partially offset by an increase in cash used for the net components of working capital ( primarily accounts payable and income taxes payable , partially offset by merchandise inventories ) .


 Write a concise suspicious activity report of the following text delimited by triple backquotes. Return your response as a formal report which covers the key points highlighting the location,dates,entity names and account holder information in chronological order of the text.
     ```liquidity and capital resources the company has been able to finance its operations , including its expansion program , entirely through internally generated funds . for fiscal 2012 , the company believes that it will continue to finance its operations , including its expansion program , share repurchase program and planned capital expenditures , entirely through existing and internally generated funds . capital expenditures for fiscal 2012 , principally for new stores , existing store improvements , and information technology enhancements , including increased spending on interactive platforms , and other projects are planned to be in the range of approximately $ 275.0 million to $ 325.0 million , subject to the timing and composition of the projects . capital expenditures include the following major initiatives : the development of an enhanced website ; an additional 800,000 square foot e-service fulfillment center in georgia ; the relocation of the farmingdale and garden city , new york offices to the company 's corporate headquarters in union , new jersey ; and the initial phase of a new it data center to support the company 's ongoing technology initiatives . fiscal 2011 compared to fiscal 2010 net cash provided by operating activities in fiscal 2011 was $ 1.225 billion , compared with $ 987.4 million in fiscal 2010. year-over-year , the company experienced an increase in net earnings , partially offset by an increase in cash used for the net components of working capital ( primarily accounts payable and income taxes payable , partially offset by merchandise inventories ) .
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 Suspicious Activity Report : operating in the highly competitive retail industry , the company , along with other retail companies , is influenced by a number of factors including , but not limited to , general economic conditions including the housing market , the overall macroeconomic environment and related changes in the retailing environment , consumer preferences and spending habits , unusual weather patterns and natural disasters , competition from existing and potential competitors , and the ability to find suitable locations at acceptable occupancy costs to support the company 's expansion program . the company continues to face a number of economic challenges impacting consumer confidence and spending , including relatively high unemployment and commodity prices and a sluggish housing market . the company can not predict whether , when or the manner in which these economic conditions will change . the company remains committed to making the required investments in its infrastructure to help position the company for continued success . the company continues to review and prioritize its capital needs while continuing to make investments , principally for new stores , existing store improvements , information technology enhancements including increased spending on its interactive platforms , and other projects whose impact is considered important to its future . the following represents an overview of the company 's financial performance for the periods indicated : · net sales in fiscal 2011 increased approximately 8.5 % to $ 9.500 billion ; net sales in fiscal 2010 increased approximately 11.9 % to $ 8.759 billion over net sales of $ 7.829 billion in fiscal 2009 . · comparable store sales for fiscal 2011 increased by approximately 5.9 % as compared with an increase of approximately 7.8 % in fiscal 2010 and an increase of approximately 4.4 % in fiscal 2009. a store is considered a comparable store when it has been open for twelve full months following its grand opening period ( typically four to six weeks ) . stores relocated or expanded are excluded from comparable store sales if the change in square footage would cause meaningful disparity in sales over the prior period . in the case of a store to be closed , such store 's sales are not considered comparable once the store closing process has commenced . · gross profit for fiscal 2011 was $ 3.931 billion or 41.4 % of net sales compared with $ 3.623 billion or 41.4 % of net sales for fiscal 2010 and $ 3.208 billion or 41.0 % of net sales for fiscal 2009 . 16 · selling , general and administrative expenses ( sg & a ) for fiscal 2011 were $ 2.363 billion or 24.9 % of net sales compared with $ 2.334 billion or 26.7 % of net sales for fiscal 2010 and $ 2.227 billion or 28.5 % of net sales for fiscal 2009 . · the effective tax rate was 37.0 % , 38.8 % and 39.1 % for fiscal years 2011 , 2010 and 2009 , respectively . the tax rate included discrete tax items of an approximate $ 20.7 million net benefit , $ 0.9 million net expense and $ 3.2 million net expense , respectively , for fiscal 2011 , 2010 and 2009 . · for the fiscal year ended february 25 , 2012 , net earnings per diluted share were $ 4.06 ( $ 989.5 million ) , an increase of approximately 32 % , as compared with net earnings per diluted share of $ 3.07 ( $ 791.3 million ) for fiscal 2010 , which was an increase of approximately 33 % from net earnings per diluted share of $ 2.30 ( $ 600.0 million ) for fiscal 2009. for fiscal year ended february 25 , 2012 , the increase in net earnings per diluted share is the result of the items described above , as well as the impact of the company 's repurchases of its common stock . for the fiscal year ended february 26 , 2011 , the increase in net earnings per diluted share primarily reflects the favorable movements in gross profit and sg & a expenses . during fiscal 2011 , 2010 and 2009 , the company 's capital expenditures were $ 243.4 million , $ 183.5 million and $ 153.7 million , respectively . in addition , during fiscal 2011 , 2010 and 2009 , the company repurchased 21.5 million , 15.9 million and 2.7 million shares , respectively , of its common stock at a total cost of approximately $ 1.218 billion , $ 687.6 million and $ 94.9 million , respectively . the company plans to continue to expand its operations and invest in its infrastructure to reach its long term objectives . in fiscal 2012 , the company expects to open approximately 40 new stores across all concepts . during fiscal 2011 , the company opened a total of 38 new stores , including 13 bbb stores throughout the united states and canada , five cts stores , one harmon store and 19 buybuy baby stores , and closed two bbb stores and two harmon stores . results of operations the following table sets forth for the periods indicated ( i ) selected statement of earnings data of the company expressed as a percentage of net sales and ( ii ) the percentage change in dollar amounts from the prior year in selected statement of earnings data : replace_table_token_6_th 17 net sales net sales in fiscal 2011 increased $ 741.4 million to $ 9.500 billion , representing an increase of 8.5 % over $ 8.759 billion of net sales in fiscal 2010 , which increased $ 929.7 million or 11.9 % over the $ 7.829 billion of net sales in fiscal 2009. for fiscal 2011 , approximately 68.6 % of the increase in net sales was story_separator_special_tag the company completed its annual impairment testing of goodwill and other indefinite lived intangible assets and determined that , as of february 25 , 2012 , no impairment existed because the fair value of these assets substantially exceeded their carrying values . in the future , if events or market conditions affect the estimated fair value to the extent that an asset is impaired , the company will adjust the carrying value of these assets in the period in which the impairment occurs . self insurance : the company utilizes a combination of insurance and self insurance for a number of risks including workers ' compensation , general liability , automobile liability and employee related health care benefits ( a portion of which is paid by its employees ) . liabilities associated with the risks that the company retains are estimated by considering historical claims experience , demographic factors , severity factors and other actuarial assumptions . although the company 's claims experience has not displayed substantial volatility in the past , actual experience could materially vary from its historical experience in the future . factors that affect these estimates include but are not limited to : inflation , the number and severity of claims and regulatory changes . in the future , if the company concludes an adjustment to self insurance accruals is required , the liability will be adjusted accordingly . litigation : the company records an estimated liability related to its various claims and legal actions arising in the ordinary course of business when and to the extent that it concludes a liability is probable and the amount of the loss can be reasonably estimated . such estimated loss is based on available information and advice from outside counsel , where appropriate . as additional information becomes available , the company reassesses the potential liability related to claims and legal actions and revises its estimated liabilities , as appropriate . the company expects the ultimate disposition of these matters will not have a material adverse effect on the company 's consolidated financial position , results of operations or liquidity . the company also can not predict the nature and validity 23 of claims which could be asserted in the future , and future claims could have a material impact on its earnings . store opening , expansion , relocation and closing costs : store opening , expansion , relocation and closing costs , including markdowns , asset residual values and projected occupancy costs , are charged to earnings as incurred . stock-based compensation : the company uses a black-scholes option-pricing model to determine the fair value of its stock options . the black-scholes model includes various assumptions , including the expected life of stock options , the expected risk free interest rate and the expected volatility . these assumptions reflect the company 's best estimates , but they involve inherent uncertainties based on market conditions generally outside the control of the company . as a result , if other assumptions had been used , total stock-based compensation cost could have been materially impacted . furthermore , if the company uses different assumptions for future grants , stock-based compensation cost could be materially impacted in future periods . the company determines its assumptions for the black-scholes option-pricing model in accordance with the accounting guidance related to stock compensation . · the expected life of stock options is estimated based on historical experience . · the expected risk free interest rate is based on the u.s. treasury constant maturity interest rate whose term is consistent with the expected life of the stock options . · expected volatility is based on the average of historical and implied volatility . the historical volatility is determined by observing actual prices of the company 's stock over a period commensurate with the expected life of the awards . the implied volatility represents the implied volatility of the company 's call options , which are actively traded on multiple exchanges , had remaining maturities in excess of twelve months , had market prices close to the exercise prices of the employee stock options and were measured on the stock option grant date . the company is required to record stock-based compensation expense net of estimated forfeitures . the company 's forfeiture rate assumption used in determining its stock-based compensation expense is estimated based on historical data . the actual forfeiture rate could differ from these estimates . taxes : the company accounts for its income taxes using the asset and liability method . deferred tax assets and liabilities are recognized for the future tax consequences attributable to the differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and operating loss and tax credit carry-forwards . deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the year in which those temporary differences are expected to be recovered or settled . the effect on deferred tax assets and liabilities of a change in tax rates is recognized in earnings in the period that includes the enactment date . the company intends to reinvest the unremitted earnings of its canadian subsidiary . accordingly , no provision has been made for u.s. or additional non-u.s. taxes with respect to these earnings . in the event of repatriation to the u.s. , in most cases such earnings would be subject to u.s. income taxes . the company recognizes the tax benefit from an uncertain tax position only if it is at least more likely than not that the tax position will be sustained on examination by the taxing authorities based on the technical merits of the position . the tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than fifty percent likelihood of being realized upon settlement with the taxing authorities . the company expects continued volatility in the

