we have traditionally acquired customers by targeting micro businesses who are already shopping online through marketing channels such as search marketing , email marketing , and other online advertising . we believe a significant portion of micro businesses in our core markets do not currently use online providers of marketing services . by investing more deeply into existing marketing channels , as well as opening up new channels such as television broadcast and direct mail , we believe we can drive continued new customer growth and reach offline audiences that are not currently looking to online partners for marketing needs . world class manufacturing . we believe our manufacturing processes are best-in-class when it comes to the printing industry . but when compared to the best manufacturing companies in the world , we believe there is significant opportunity to drive further efficiencies and competitive advantages . by focusing 33 additional top engineering talent on key process approaches , we believe we can make a step-function improvement in product quality and reliability , and significantly lower unit manufacturing costs . our strategy to drive longer-term growth by addressing market adjacencies is to develop our business in the following areas : digital marketing services . we estimate that less than 50 % of micro businesses have a website today , but digital marketing services , including websites , email marketing , online search marketing and social media marketing , are a fast-growing part of the small business marketing space . we believe there is great value in helping customers understand the powerful ways in which physical and digital marketing can be combined . our current digital offering includes websites , email marketing , local search visibility , blogs , search engine optimization , and personalized email domain names . since we launched digital marketing services in april 2008 , our number of unique paying organic digital subscribers has grown to approximately 351,000. on december 28 , 2011 , we acquired webs , a leading provider of do-it-yourself websites , facebook pages and mobile presence solutions for small businesses , to significantly expand our ability to develop and deliver innovative , customer-focused online marketing solutions . webs has a base of approximately 100,000 paying customers , as well as millions of non-paying users of its products . geographies outside north america and europe . for the fiscal year ended june 30 , 2012 , revenue generated outside of north america and europe accounted for approximately 6 % of our total revenue . we believe that we have significant opportunities to expand our revenue both in the countries we currently serve and in new markets . we intend to further extend our geographic reach by continuing to introduce localized websites in additional countries and languages , expanding our marketing efforts and customer service capabilities , and offering graphic design content , products , payment methodologies and languages specific to local markets . to support our expansion into global emerging markets , we opened offices in singapore and mumbai , india , and acquired assets of printbell , an india based printing business during the year ended june 30 , 2012. we also made a capital investment in a chinese business in july 2012. home and family . although we expect to maintain our primary focus on micro business marketing products and services , we also participate in the market for customized home and family products such as invitations , announcements , calendars , holiday cards , embroidered products , and apparel . this year we added new products and services targeted at the home and family market . we believe that the economies of scale provided by cross sales of these products to our extensive micro business customer base , our large production order volumes and our integrated design and production software and facilities support and will continue to support our effort to profitably grow our home and family business . on october 31 , 2011 , we acquired albumprinter , a leading provider of photo books and other photo products to the home and family market in europe . additionally , during the year ended june 30 , 2012 , we launched a strategic partnership with nickelodeon to offer licensed character content to vistaprint customers . up-market customers . we serve customers across the spectrum of micro businesses with fewer than 10 employees , but our strength has traditionally been in the smallest and most price sensitive of these customers . in comparison to our customer base , which is concentrated in businesses with 2 or fewer employees , the micro businesses in the “ up-market ” portion of this spectrum tend to have more sophisticated marketing needs and typically spend more per year on their marketing activities . we believe that as we continue to research customer needs and make customer value proposition improvements for our traditional core customer base , we will develop a stronger ability to focus on “ up-market ” small business customers . we expect this adjacency can serve as a driver of growth in future years . critical accounting policies and estimates our financial statements are prepared in accordance with u.s. generally accepted accounting principles ( “ gaap ” ) . to apply these principles , we must make estimates and judgments that affect our reported amounts of assets , liabilities , revenues and expenses , and related disclosure of contingent assets and liabilities . in some instances , we reasonably could have used different accounting estimates and , in other instances , changes in the accounting estimates are reasonably likely to occur from period to period . accordingly , actual results could differ significantly from our estimates . we base our estimates and judgments on historical experience and other assumptions that we believe to be reasonable at the time under the circumstances , and we evaluate these estimates and judgments on an ongoing basis . story_separator_special_tag during our early growth phase , we focused more resources on the acquisition of new customers through the value of our offering and our broad-based marketing efforts targeted at the mass market for micro business customers . as we have grown larger , our acquisition focus has been supplemented with expanded retention efforts , such as email offers , customer service , and expanding our product offering . our unique active customer count has grown significantly over the years , and we expect it will continue to grow as we see additional opportunity to drive both new customer acquisitions as well as increased retention rates . a retained customer is any unique customer in a specific period who has also purchased in any prior period . 38 average bookings per unique active customer . average bookings per unique active customer is total bookings , which represents the value of total customer orders received on our websites , for a given period of time divided by the total number of unique active customers who purchased during that same period of time . we seek to increase average bookings per unique active customer as a means of increasing revenue . average bookings per unique active customer are influenced by the frequency that a customer purchases from us , the number of products and feature upgrades a customer purchases in a given period , as well as the mix of tenured customers versus new customers within the unique active customer count , as tenured customers tend to purchase more than new customers . average bookings per unique active customer have grown over a multi-year period , though they do sometimes fluctuate from one quarter to the next depending upon the type of products we promote during a period and promotional discounts we offer . for example , among other things , seasonal product offerings , such as holiday cards , can cause changes in bookings per customer in our second fiscal quarter ended december 31. revenue for the fiscal year ended june 30 , 2012 increased 25 % to $ 1,020.3 million compared to the fiscal year ended june 30 , 2011 , due to increases in sales across our product and service offerings , as well as across all geographic segments , and our acquisitions of albumprinter and webs . the overall growth during this period was driven by increases in the number of unique active customers , which grew by 26 % to approximately 14.4 million . this was driven by both new customer additions and repeat customers . excluding the effect of acquisitions , new customer additions during the year ended june 30 , 2012 grew 27 % to approximately 9.4 million . the stronger u.s. dollar negatively impacted our revenue growth by an estimated 60 basis points in the fiscal year ended june 30 , 2012 , as compared to the fiscal year ended june 30 , 2011. revenue increased 22 % to $ 817.0 million , from fiscal 2010 to fiscal 2011 , primarily due to increases in sales across our product and service offerings , as well as across geographies . the overall growth during this period was driven by increases in unique active customers , which grew by 19 % to approximately 11.4 million . this was influenced by growth in new customer additions , which grew 16 % to approximately 7.4 million . the weaker u.s. dollar positively impacted our revenue growth by an estimated 40 basis points in the fiscal year ended june 30 , 2011 , over the same period . in addition to the drivers of our annual revenue performance , we monitor unique active customers and average bookings per unique active customer on a trailing twelve-month basis . the following table summarizes our operational revenue metrics , excluding acquisitions , for the years ended june 30 , 2012 , 2011 and 2010 : replace_table_token_9_th 39 total revenue by geographic segment for the fiscal years ended june 30 , 2012 , 2011 and 2010 are shown in the following tables : in thousands replace_table_token_10_th _ ( 1 ) constant-currency revenue growth , a non-gaap financial measure , represents the change in total revenue between current and prior year periods at constant-currency exchange rates by translating all non-u.s. dollar denominated revenue generated in the current period using the prior year period 's average exchange rate for each currency to the u.s. dollar . constant-currency organic revenue growth also excludes the impact of revenue from acquisitions . we have provided this non-gaap financial measure because we believe it provides meaningful information regarding our results on a consistent and comparable basis for the periods presented . management uses this non-gaap financial measure , in addition to gaap financial measures , to evaluate our operating results . this non-gaap financial measure should be considered supplemental to and not a substitute for our reported financial results prepared in accordance with gaap . in thousands replace_table_token_11_th cost of revenue cost of revenue includes materials used to manufacture our products , payroll and related expenses for production personnel , depreciation of assets used in the production process and in support of digital marketing service offerings , shipping , handling and processing costs , third-party production costs , production of costs of free products and other related costs of products sold by us . the increase in cost of revenue from fiscal 2011 to fiscal 2012 was primarily attributable to the increased volume of product shipments during the current year period , including those from albumprinter . the decrease in the cost of revenue as a percentage of total revenue from fiscal 2011 to fiscal 2012 was primarily attributable to higher overhead absorption resulting from increased product sales and increased labor efficiency , partially offset by inflation and shifts in product mix . the increase in cost of revenue from fiscal 2010 to fiscal 2011 was primarily attributable to the increased 40 volume of product shipments during the current year

cash inflows : net income of $ 43.9 million ; positive adjustments to accrual based net income for non-cash items of $ 96.6 million primarily related to depreciation and amortization of $ 59.4 million and share-based compensation costs of $ 25.4 million ; and proceeds from borrowing of long-term debt of $ 408.5 million . cash outflows : capital expenditures of $ 46.4 million of which $ 17.7 million were related to the purchase of land and facilities , $ 15.6 million were related to the purchase of manufacturing and automation equipment for our production facilities , and $ 13.1 million were related to purchases of other assets , including information technology infrastructure and office equipment ; internal costs for software and website development that we have capitalized of $ 5.5 million ; payments for business acquisitions , net of cash acquired , of $ 180.7 million ; purchases of our ordinary shares of $ 309.7 million ; repayments of long-term debt of $ 179.5 million and debt issuance costs of $ 1.8 million ; and payments of the minimum withholding taxes related to shares withheld on vested restricted share units of $ 4.1 million . additional liquidity and capital resources information . during fiscal 2012 , we financed our operations primarily through internally generated cash flows from operations and utilized borrowings of long-term debt to fund strategic investments in business acquisitions and ordinary share purchases . due to our recent investments and share purchases , our current liabilities now exceed our current assets ; however , we believe that our available cash , cash flows generated from operations , and our debt financing capacity will be sufficient to satisfy our working capital and planned investments to support our long-term growth strategy , including capital expenditure requirements , for the foreseeable future .


 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 inflows : net income of $ 43.9 million ; positive adjustments to accrual based net income for non-cash items of $ 96.6 million primarily related to depreciation and amortization of $ 59.4 million and share-based compensation costs of $ 25.4 million ; and proceeds from borrowing of long-term debt of $ 408.5 million . cash outflows : capital expenditures of $ 46.4 million of which $ 17.7 million were related to the purchase of land and facilities , $ 15.6 million were related to the purchase of manufacturing and automation equipment for our production facilities , and $ 13.1 million were related to purchases of other assets , including information technology infrastructure and office equipment ; internal costs for software and website development that we have capitalized of $ 5.5 million ; payments for business acquisitions , net of cash acquired , of $ 180.7 million ; purchases of our ordinary shares of $ 309.7 million ; repayments of long-term debt of $ 179.5 million and debt issuance costs of $ 1.8 million ; and payments of the minimum withholding taxes related to shares withheld on vested restricted share units of $ 4.1 million . additional liquidity and capital resources information . during fiscal 2012 , we financed our operations primarily through internally generated cash flows from operations and utilized borrowings of long-term debt to fund strategic investments in business acquisitions and ordinary share purchases . due to our recent investments and share purchases , our current liabilities now exceed our current assets ; however , we believe that our available cash , cash flows generated from operations , and our debt financing capacity will be sufficient to satisfy our working capital and planned investments to support our long-term growth strategy , including capital expenditure requirements , for the foreseeable future .
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 Suspicious Activity Report : we have traditionally acquired customers by targeting micro businesses who are already shopping online through marketing channels such as search marketing , email marketing , and other online advertising . we believe a significant portion of micro businesses in our core markets do not currently use online providers of marketing services . by investing more deeply into existing marketing channels , as well as opening up new channels such as television broadcast and direct mail , we believe we can drive continued new customer growth and reach offline audiences that are not currently looking to online partners for marketing needs . world class manufacturing . we believe our manufacturing processes are best-in-class when it comes to the printing industry . but when compared to the best manufacturing companies in the world , we believe there is significant opportunity to drive further efficiencies and competitive advantages . by focusing 33 additional top engineering talent on key process approaches , we believe we can make a step-function improvement in product quality and reliability , and significantly lower unit manufacturing costs . our strategy to drive longer-term growth by addressing market adjacencies is to develop our business in the following areas : digital marketing services . we estimate that less than 50 % of micro businesses have a website today , but digital marketing services , including websites , email marketing , online search marketing and social media marketing , are a fast-growing part of the small business marketing space . we believe there is great value in helping customers understand the powerful ways in which physical and digital marketing can be combined . our current digital offering includes websites , email marketing , local search visibility , blogs , search engine optimization , and personalized email domain names . since we launched digital marketing services in april 2008 , our number of unique paying organic digital subscribers has grown to approximately 351,000. on december 28 , 2011 , we acquired webs , a leading provider of do-it-yourself websites , facebook pages and mobile presence solutions for small businesses , to significantly expand our ability to develop and deliver innovative , customer-focused online marketing solutions . webs has a base of approximately 100,000 paying customers , as well as millions of non-paying users of its products . geographies outside north america and europe . for the fiscal year ended june 30 , 2012 , revenue generated outside of north america and europe accounted for approximately 6 % of our total revenue . we believe that we have significant opportunities to expand our revenue both in the countries we currently serve and in new markets . we intend to further extend our geographic reach by continuing to introduce localized websites in additional countries and languages , expanding our marketing efforts and customer service capabilities , and offering graphic design content , products , payment methodologies and languages specific to local markets . to support our expansion into global emerging markets , we opened offices in singapore and mumbai , india , and acquired assets of printbell , an india based printing business during the year ended june 30 , 2012. we also made a capital investment in a chinese business in july 2012. home and family . although we expect to maintain our primary focus on micro business marketing products and services , we also participate in the market for customized home and family products such as invitations , announcements , calendars , holiday cards , embroidered products , and apparel . this year we added new products and services targeted at the home and family market . we believe that the economies of scale provided by cross sales of these products to our extensive micro business customer base , our large production order volumes and our integrated design and production software and facilities support and will continue to support our effort to profitably grow our home and family business . on october 31 , 2011 , we acquired albumprinter , a leading provider of photo books and other photo products to the home and family market in europe . additionally , during the year ended june 30 , 2012 , we launched a strategic partnership with nickelodeon to offer licensed character content to vistaprint customers . up-market customers . we serve customers across the spectrum of micro businesses with fewer than 10 employees , but our strength has traditionally been in the smallest and most price sensitive of these customers . in comparison to our customer base , which is concentrated in businesses with 2 or fewer employees , the micro businesses in the “ up-market ” portion of this spectrum tend to have more sophisticated marketing needs and typically spend more per year on their marketing activities . we believe that as we continue to research customer needs and make customer value proposition improvements for our traditional core customer base , we will develop a stronger ability to focus on “ up-market ” small business customers . we expect this adjacency can serve as a driver of growth in future years . critical accounting policies and estimates our financial statements are prepared in accordance with u.s. generally accepted accounting principles ( “ gaap ” ) . to apply these principles , we must make estimates and judgments that affect our reported amounts of assets , liabilities , revenues and expenses , and related disclosure of contingent assets and liabilities . in some instances , we reasonably could have used different accounting estimates and , in other instances , changes in the accounting estimates are reasonably likely to occur from period to period . accordingly , actual results could differ significantly from our estimates . we base our estimates and judgments on historical experience and other assumptions that we believe to be reasonable at the time under the circumstances , and we evaluate these estimates and judgments on an ongoing basis . story_separator_special_tag during our early growth phase , we focused more resources on the acquisition of new customers through the value of our offering and our broad-based marketing efforts targeted at the mass market for micro business customers . as we have grown larger , our acquisition focus has been supplemented with expanded retention efforts , such as email offers , customer service , and expanding our product offering . our unique active customer count has grown significantly over the years , and we expect it will continue to grow as we see additional opportunity to drive both new customer acquisitions as well as increased retention rates . a retained customer is any unique customer in a specific period who has also purchased in any prior period . 38 average bookings per unique active customer . average bookings per unique active customer is total bookings , which represents the value of total customer orders received on our websites , for a given period of time divided by the total number of unique active customers who purchased during that same period of time . we seek to increase average bookings per unique active customer as a means of increasing revenue . average bookings per unique active customer are influenced by the frequency that a customer purchases from us , the number of products and feature upgrades a customer purchases in a given period , as well as the mix of tenured customers versus new customers within the unique active customer count , as tenured customers tend to purchase more than new customers . average bookings per unique active customer have grown over a multi-year period , though they do sometimes fluctuate from one quarter to the next depending upon the type of products we promote during a period and promotional discounts we offer . for example , among other things , seasonal product offerings , such as holiday cards , can cause changes in bookings per customer in our second fiscal quarter ended december 31. revenue for the fiscal year ended june 30 , 2012 increased 25 % to $ 1,020.3 million compared to the fiscal year ended june 30 , 2011 , due to increases in sales across our product and service offerings , as well as across all geographic segments , and our acquisitions of albumprinter and webs . the overall growth during this period was driven by increases in the number of unique active customers , which grew by 26 % to approximately 14.4 million . this was driven by both new customer additions and repeat customers . excluding the effect of acquisitions , new customer additions during the year ended june 30 , 2012 grew 27 % to approximately 9.4 million . the stronger u.s. dollar negatively impacted our revenue growth by an estimated 60 basis points in the fiscal year ended june 30 , 2012 , as compared to the fiscal year ended june 30 , 2011. revenue increased 22 % to $ 817.0 million , from fiscal 2010 to fiscal 2011 , primarily due to increases in sales across our product and service offerings , as well as across geographies . the overall growth during this period was driven by increases in unique active customers , which grew by 19 % to approximately 11.4 million . this was influenced by growth in new customer additions , which grew 16 % to approximately 7.4 million . the weaker u.s. dollar positively impacted our revenue growth by an estimated 40 basis points in the fiscal year ended june 30 , 2011 , over the same period . in addition to the drivers of our annual revenue performance , we monitor unique active customers and average bookings per unique active customer on a trailing twelve-month basis . the following table summarizes our operational revenue metrics , excluding acquisitions , for the years ended june 30 , 2012 , 2011 and 2010 : replace_table_token_9_th 39 total revenue by geographic segment for the fiscal years ended june 30 , 2012 , 2011 and 2010 are shown in the following tables : in thousands replace_table_token_10_th _ ( 1 ) constant-currency revenue growth , a non-gaap financial measure , represents the change in total revenue between current and prior year periods at constant-currency exchange rates by translating all non-u.s. dollar denominated revenue generated in the current period using the prior year period 's average exchange rate for each currency to the u.s. dollar . constant-currency organic revenue growth also excludes the impact of revenue from acquisitions . we have provided this non-gaap financial measure because we believe it provides meaningful information regarding our results on a consistent and comparable basis for the periods presented . management uses this non-gaap financial measure , in addition to gaap financial measures , to evaluate our operating results . this non-gaap financial measure should be considered supplemental to and not a substitute for our reported financial results prepared in accordance with gaap . in thousands replace_table_token_11_th cost of revenue cost of revenue includes materials used to manufacture our products , payroll and related expenses for production personnel , depreciation of assets used in the production process and in support of digital marketing service offerings , shipping , handling and processing costs , third-party production costs , production of costs of free products and other related costs of products sold by us . the increase in cost of revenue from fiscal 2011 to fiscal 2012 was primarily attributable to the increased volume of product shipments during the current year period , including those from albumprinter . the decrease in the cost of revenue as a percentage of total revenue from fiscal 2011 to fiscal 2012 was primarily attributable to higher overhead absorption resulting from increased product sales and increased labor efficiency , partially offset by inflation and shifts in product mix . the increase in cost of revenue from fiscal 2010 to fiscal 2011 was primarily attributable to the increased 40 volume of product shipments during the current year

