DEXTER-CQA/TAT-QA-corpus huggingface dataset:
|Depreciation:      |AMER |APAC |EMEA |Corporate ||Capital expenditures:|AMER|APAC|EMEA|Corporate|
2019||$22,531|16,905|6,105|5,344|50,885||$42,459|33,454|5,186|9,501|$90,600
2018||$21,224|15,954|6,054|4,863|48,095||$17,690|33,018|7,923|4,149|$62,780
2017||$19,694|15,588|5,467|4,581|45,330||$18,111|13,816|5,748|863|$38,538
||Post-retirement benefits|Inventory reserves|Loss carry-forwards|Credit carry-forwards|Accrued expenses|Research expenditures|Operating lease liabilities|Stock compensation|Foreign exchange loss|Other|Gross deferred tax assets|Depreciation and amortization|Pensions|Operating lease assets|Subsidiaries' unremitted earnings|Gross deferred tax liabilities|Net deferred tax assets|Deferred tax asset valuation allowance|Total net deferred tax assets
As of December 31,|2019|$1,100|708|4,724|15,964|4,932|17,953|6,211|2,232|1,986|230|56,040|12,453|13,552|5,963|1,903|33,871|22,169|(8,011)|$14,158
|2018|$1,061|1,236|4,647|16,909|5,685|16,847|—|2,142|2,245|207|50,979|11,500|11,736|—|1,258|24,494|26,485|(8,274)|$18,211
|(In millions of dollars, except margins)|Revenue|Operating expenses|Adjusted EBITDA|Adjusted EBITDA margin|Capital expenditures
|2019|2,072|1,932|140|6.8%|102
Years ended December 31|2018|2,168|1,972|196|9.0%|90
|%Chg|(4)|(2)|(29)|(2.2pts)|13
||Tax charge in the income statement|Current income tax|UK tax|Foreign tax|Amounts underprovided/(overprovided) in previous years|Total current income tax charge|Deferred tax|Recognition of deferred tax assets|Reversal of temporary differences|Adjustments in respect of prior years|Total deferred tax charge|Tax charge in the income statement
2019|$ million|||0.3|9.2|0.3|9.8||(1.5)|3.5|(0.2)|1.8|11.6
2018|$ million|||0.1|6.2|(1.2)|5.1||(0.8)|1.4|(0.3)|0.3|5.4
The tax charge for the year ended 31 December 2019 was $11.6 million (2018 $5.4 million). This was after a prior year tax charge of $0.1 million and a tax credit on the adjusting items of $0.7 million (2018 prior year credit of $1.5 million and tax credit on adjusting items of $5.2 million). Excluding the prior year and tax credit on adjusting items, the effective tax rate was 13.0 per cent (2018 15.4 per cent).
|Current:|Federal |State |Foreign ||Deferred:|Federal |State |Foreign ||
2019||$15,160|—|11,943|27,103||(3,498)|827|(7,093)|(9,764)|$17,339
2018||$63,814|234|10,134|74,182||(2,958)|(447)|23,793|20,388|$94,570
2017||$78|33|10,016|10,127||77|38|(481)|(366)|$9,761
Name|Robert D. Rosenthal|Chad M. Lindbloom|Paul S. Pearlman|Lawrence Reinhold
Fees Earned or Paid in Cash ($)|95,000|95,00|65,000|65,000
Stock Awards ($) (1)|40,000|40,000|40,000|40,000
Option Awards ($)|-|-|-|-
All Other Compensation ($) (2)|25,900|13,800|850|850
Total ($)|160,900|148,800|105,850|105,850
(1) This column represents the fair value of the stock award on the grant date determined in accordance with the provisions of ASC 718. As per SEC rules relating to executive compensation disclosure, the amounts shown exclude the impact of forfeitures related to service based vesting conditions. For additional information regarding assumptions made in calculating the amount reflected in this column, please refer to Note 10 to our audited consolidated financial statements, included in our Annual Report on Form 10-K for fiscal 2019.
|Date of award:|Original number of awards issued:|Service period:|Estimated fair value of award at grant date:|Non-vested awards outstanding at|September 30, 2019:|Fair value of non-vested awards at|September 30, 2019 of approximately:
Restricted Stock Units(1)|October 2015|13,250|36 - 60 months|$1,112,000||100||$8,000
Restricted Stock Units(2)|October 2016|13,000|36 months|$1,191,000||4,334||$330,000
Restricted Stock Units(3)|October 2017|13,000|36 months|$1,177,000||8,667||$661,000
Restricted Stock Units(4)|October 2018|15,050|36 months|$ 1,264,000||15,050||$ 1,148,000
Net income before income taxes included compensation expense related to the amortization of the Company’s restricted stock unit awards of approximately $1.2 million during both fiscal 2019 and fiscal 2018. These amounts were recorded as accrued expenses in the Company’s Consolidated Balance Sheet at both September 2019 and September 2018. The tax benefit related to this compensation expense was approximately $0.3 million in both fiscal 2019 and fiscal 2018. The total intrinsic value of restricted stock units vested during fiscal 2019 and fiscal 2018 was approximately $1.1 million and $1.2 million, respectively.
|Balance December 29, 2017|Acquisition value|Cash payments|Changes in fair value|Balance December 28, 2018|Acquisition value|Cash payments|Changes in fair value|Balance December 27, 2019
Del Monte |$649|—|—|(649)|—|—|(200)|200|$—
Fells Point |$4,579|—|(3,000)|2,070|3,649|—|(3,000)|3,895|$4,544
Bassian |$—|—|—|—|—|7,450|—|507|$7,957
Other Acquisitions|$—|1,414|—|27|1,441|479|(1,000)|1,277|$2,197
Total|$5,228|1,414|(3,000)|1,448|5,090|7,929|(4,200)|5,879|$14,698
In May 2019, the Company fully settled its Del Monte earn-out liability for $200. The long-term portion of contingent earn-out liabilities was $7,957 and $2,792 as of December 27, 2019 and December 28, 2018, respectively, and are reflected as other liabilities and deferred credits on the Company’s consolidated balance sheets. The remaining short-term portion of earn-out liabilities are reflected as accrued liabilities on the Company’s consolidated balance sheets. Contingent earn-out liability payments in excess of the acquisition date fair value of the underlying contingent earn-out liability are classified as operating activities on the Company’s consolidated statements of cash flows and all other such payments are classified as financing activities.
||Prepaid pension asset|Accrued expenses and other liabilities|Long-term pension obligations|Net prepaid (accrued) cost
U.S.Pension Plans|2019|$62,082|(100)|(1,045)|$60,937
|2018|$54,100|(100)|(992)|$53,008
Non-U.S. Pension Plans|2019|$—|—|(1,214)|$(1,214)
|2018|$—|—|(1,331)|$(1,331)
The Company calculates net income (loss) per share in accordance with FASB ASC Topic 260,Earnings per Share. Basic net income (loss) per share is based on the weighted-average number of common shares outstanding during the period. Diluted net income (loss) per share also gives effect to all potentially dilutive securities outstanding during the period, such as restricted stock units (“RSUs”), stock options, and Employee Stock Purchase Plan ("ESPP") shares, if dilutive. In a period with a net loss position, potentially dilutive securities are not included in the computation of diluted net loss because to do so would be antidilutive, and the number of shares used to calculate basic and diluted net loss is the same.
Total expense and other (income) increased 13.7 percent in the fourth quarter with an expense-to-revenue ratio of 32.6 percent compared to 28.7 percent in the fourth quarter of 2018. The year-to-year increase was a result of higher spending (15 points) driven by Red Hat (15 points) and higher acquisitionrelated charges and amortization of acquired intangible assets associated with the Red Hat transaction (4 points), partially offset by higher divestiture gains (3 points) and lower non-operating retirement-related costs (3 points).
($ in millions)|For the fourth quarter:|Total consolidated expense and other (income)|Non-operating adjustments|Amortization of acquired intangible assets|Acquisition-related charges|Non-operating retirement related (costs)/income|Operating (non-GAAP) expense and other (income)|Total consolidated expense-to-revenue ratio|Operating (non-GAAP) expense-to-revenue ratio
|2019|$7,107||(294)|(27)|(196)|$6,591|32.6%|30.3%
|2018|$6,253||(106)|(13)|(387)|$5,746|28.7%|26.4%
|Yr.-to-Yr. Percent/ Margin Change*|13.7%||176.0|104.7|(49.4)|14.7%|3.9pts|3.9pts
The Group reported Trading profit of £128.5m in the year, growth of £5.5m, up +4.5% compared to 2017/18. Divisional contribution increased by £6.1m to £161.9m. The Grocery business recorded Divisional contribution growth of £8.3m to £138.3m while Sweet Treats Divisional contribution was £2.2m lower than the prior year at £23.6m. Group & corporate costs were £0.6m higher than the prior year.
£m|Divisional contribution2|Grocery|Sweet Treats|Total|Group & corporate costs|Trading profit
2018/19||138.3|23.6|161.9|(33.4)|128.5
2017/18||130.0|25.8|155.8|(32.8)|123.0
Change||+6.3%|(8.4%)|+3.9%|(1.8%)|+4.5%
At December 31, 2019 and 2018, the Company had recorded allowances for doubtful accounts of $1.8 million and $1.3 million, respectively, against Restaurant/Retail segment accounts receivable. Write-offs of accounts receivable during fiscal years 2019 and 2018 were $0.3 million and $0.4 million, respectively. The bad debt expense which is recorded in the consolidated statements of operations was $0.8 million and $0.8 million in 2019 and 2018, respectively.
||Computer software|Other intangible assets|Deferred contract costs|Property and equipment|Total
|2019|$97.3|59.3|42.9|36.7|$236.2
Year ended December 31,|2018|$94.5|57.2|32.9|32.4|$217.0
|2017|$84.0|67.8|25.7|29.0|$206.5
||Due within one year|Trade debtors|Owed by subsidiaries|Other debtors|Prepayments|Current tax asset|Deferred tax|Assets recognised from costs to obtain a contract||Due after one year|Defined benefit pension plan surplus
|Notes|||||||13||||3
2019|£ million||5.2|13.7|0.2|0.4|1.0|–|0.1|20.6||8.8
2018|£ million||7.0|9.6|0.7|0.6|0.6|1.3|0.1|19.9||2.0
€ million|Actual taxes|thereof Germany|thereof international|thereof tax expenses/income for the current period|thereof tax expenses/income of previous periods|Deferred taxes|thereof Germany|thereof international|
2017/2018|173|(14)|(159)|(194)|(−21)|43|(39)|(4)|216
2018/2019|215|(9)|(206)|(221)|(−6)|83|(104)|(−21)|298
During the reporting period, the group tax rate for the continuing segment is 42.0% (2017/18: 37.6%). The group tax rate represents the relationship between recognised income tax expenses and earnings before taxes. The increase in the ratio in the current financial year is mainly attributable to impairments on deferred taxes on loss carry-forwards in Germany. The comparatively low ratio in the previous year includes positive one-off tax effects such as tax rate changes abroad and the reduction for risk provisions.
|Assets:|Operating lease liability|Net operating loss carryforwards|Accrued asset retirement obligations|Stock-based compensation|Unearned revenue|Unrealized loss on foreign currency|Other accruals and allowances|Items not currently deductible and other|Liabilities:|Depreciation and amortization|Right-of-use asset|Deferred rent|Other|Subtotal|Valuation allowance|Net deferred tax liabilities
December 31, 2019||$878.5|356.6|174.9|5.6|31.7|3.8|65.6|26.1||(1,040.3)|(865.1)|(79.7)|—|(442.3)|(194.2)|$(636.5)
December 31, 2018||$—|264.9|165.7|6.3|28.3|12.9|78.6|26.2||(757.0)|—|(36.9)|(15.3)|(226.3)|(151.9)|$(378.2)
||Basic:|Weighted average common shares outstanding|Diluted:|Dilutive effect of stock appreciation rights, restricted stock, restricted stock units and shares held in rabbi trust|Total weighted average diluted shares outstanding|Anti-dilutive shares excluded from the diluted earnings per share calculation
|2019||41,649||153|41,802|69
Years Ended December 31,|2018||42,090||156|42,246|44
|2017||41,822||319|42,141|46
||Net revenue|Cost of net revenue|Gross profit|Operating expenses:|Research and development|Selling, general and administrative|Impairment losses|Restructuring charges|Total operating expenses|Loss from operations|Total interest and other income (expense), net|Loss before income taxes|Income tax benefit|Net loss
|2019|100%|47|53||31|28|-|1|60|(7)|(3)|(10)|(4)|(6)%
Years Ended December 31,|2018|100%|46|54||31|26|1|1|59|(5)|(4)|(9)|(2)|(7)%
Restructuring Charges. Restructuring charges consist of severance, lease and leasehold impairment charges, and other charges related to restructuring plans. Interest and Other Income (Expense), Net. Interest and other income (expense), net includes interest income, interest expense and other income (expense). Interest income consists of interest earned on our cash, cash equivalents and restricted cash balances. Interest expense consists of interest accrued on debt. Other income (expense) generally consists of income (expense) generated from non-operating transactions.
||Cash, cash equivalents and restricted cash at beginning of period|Cash provided by operating activities|Cash used in investing activities|Cash provided by financing activities|Effects of exchange rates on cash, cash equivalents and restricted cash|Cash, cash equivalents and restricted cash at end of period
|2019|$60,068|10,317|(24,574)|494,101|(250)|$539,662
Year Ended December 31,|2018|$103,051|3,295|(48,413)|3,099|(964)|$60,068
|2017|$60,765|4,863|(70,972)|108,475|(80)|$103,051
The total amount of gross unrecognized tax benefits was $763.4 million and $436.0 million as of March 31, 2019 and March 31, 2018, respectively, of which $664.4 million and $436.0 million is estimated to impact the Company's effective tax rate, if recognized. The Company estimates that it is reasonably possible unrecognized tax benefits as of March 31, 2019 could decrease by approximately $50.0 million in the next 12 months. Positions that may be resolved include various U.S. and non-U.S. matters.
As of March 31, 2019 and March 31, 2018, the Company had accrued interest and penalties related to tax contingencies of $88.1 million and $80.8 million, respectively. Interest and penalties charged to operations for the years ended March 31, 2018 and 2017 related to the Company's uncertain tax positions were $5.4 million and $5.8 million, respectively. Previously accrued interest and penalties that were released during the year ended March 31, 2019 were $37.5 million.
||Beginning balance|Increases related to acquisitions|Decreases related to settlements with tax authorities|Decreases related to statute of limitation expirations|Increases related to current year tax positions|Increases (decreases) related to prior year tax positions|Ending balance
|2019|$436.0|329.7|(8.3)|(16.2)|27.8|(5.6)|$763.4
Year Ended March 31,|2018|$398.5|—|(0.1)|(10.9)|30.3|18.2|$436.0
|2017|$220.7|193.3|(11.7)|(7.6)|26.3|(22.5)|$398.5
||Year ended July 29, 2017|Balance at beginning of fiscal year .|Provisions (benefits)|Recoveries (write-offs), net .|Foreign exchange and other .|Balance at end of fiscal year|Year ended July 28, 2018|Balance at beginning of fiscal year .|Provisions (benefits)|Recoveries (write-offs), net .|Foreign exchange and other .|Balance at end of fiscal year|Year ended July 27, 2019|Balance at beginning of fiscal year|Provisions (benefits)|Recoveries (write-offs), net|Foreign exchange and other  .|Balance at end of fiscal year
Allowances For|Financing Receivables||$375|(35)|(49)|4|$295||$295|(89)|(6)|5|$205||$205|(16)|(42)|(21)|$126
|Accounts Receivable||$249|27|(61)|(4)|$211||$211|(45)|(37)|—|$129||$129|56|(50)|1|$136
($ in millions)|For the year ended December 31:|Global Business Services|External gross profit|External gross profit margin|Pre-tax income|Pre-tax margin
|2018*||$4,448|26.8%|$1,629|9.6%
|2017*||$4,033|25.1%|$1,303|7.9%
|Yr.-to-Yr. Percent/ Margin Change||10.3%|1.7pts|25.0%|1.7pts
|||Net loss attributable to shareholders of Teekay Corporation for basic loss per share|Reduction in net earnings due to dilutive impact of stock-based compensation in Teekay LNG, Altera and Teekay Tankers and stock purchase warrants in Altera|Net loss attributable to shareholders of Teekay Corporation for diluted loss per share|Weighted average number of common shares|Dilutive effect of stock-based compensation|Common stock and common stock equivalents|Loss per common share - basic and diluted
|2019|$|(310,577)|—|(310,577)|100,719,224|—|100,719,224|(3.08)
Year Ended December 31,|2018|$|(79,237)|—|(79,237)|99,670,176|—|99,670,176|(0.79)
|2017|$|(163,276)|(90)|(163,366)|86,335,473|—|86,335,473|(1.89)
||Net operating loss and tax credit carryforwards|163 (j) interest expense carryforward|Tax-deductible goodwill and amortizable intangibles|Capitalization of research and development expenses|Reserves and accruals|Property, plant and equipment|Inventories|Undistributed earnings of foreign subsidiaries|Share-based compensation|Pension|Other|Deferred tax assets and liabilities before valuation allowance|  Valuation allowance|Net deferred tax asset
As of December 31,|2019|$612.9|49.3|(48.6)|42.7|27.5|(81.2)|22.0|(63.7)|10.3|26.3|8.0|605.5|(357.9)|$247.6
|2018|$584.9|—|(29.4)|—|57.4|(63.5)|20.2|(48.7)|7.7|24.3|6.0|558.9|(347.5)|$211.4
(In thousands)|Income tax benefit at the US Federal statutory rate|Benefit for state taxes|Impact of foreign operations|Indefinite life assets|Officer life insurance|Change in valuation allowance|Change in liability for unrecognized tax benefits|Impact of Tax Act, net|Meals and entertainment|Equity|Global intangible low-taxed income|Other|Total income tax expense (benefit)
2019|$(2,718)|(304)|(310)|130|3|3,302|(400)|226|60|2|94|136|$221
2018|$(3,654)|(642)|38|335|(5)|3,328|40|(3,287)|81|476|—|39|$(3,251)
2017|$(4,019)|(142)|158|102|(6)|4,007|9|—|163|—|—|(36)|$236
Selling, General and Administrative Costs (in thousands)|Description|Advertising expense|Trainee expense |Start-up expense (Tyler, Texas complex) |Stock compensation expense |All other SG&A expenses |Employee Stock Ownership Plan ("ESOP") expense |Depreciation expense - machinery and equipment |Sanderson Farms Championship expense |Administrative salaries|Legal expense |Third-party sales commissions |Total SG&A 
|Twelve months ended October 31, 2019|$11,071|16,254|9,361|11,786|62,653|3,000|7,067|8,817|45,108|25,102|10,922|$211,141
|Twelve months ended October 31, 2018|$32,624|21,553|13,394|15,702|64,705|2,000|5,801|6,325|42,288|17,573|—|$221,965
|Increase/(Decrease) |$ (21,553)|(5,299)|(4,033)|(3,916)|(2,052)|1,000|1,266|2,492|2,820|7,529|10,922|$ (10,824)
Regarding the table above, the decrease in advertising expense is the result of the Company's decision to scale back its television and radio advertising during fiscal 2019. The change in start-up expense in any particular period relates to the stage of the start-up process in which a facility under construction is in during the period. Non-construction related expenses, such as labor, training and office-related expenses for a facility under construction are recorded as start-up expense until the facility begins operations. As a facility moves closer to actual start-up, the expenses incurred for labor, training, etc. increase. As a result, amounts classified as start-up expenses will increase period over period until the facility begins production. Once production begins, the expenses from that point forward are recorded as costs of goods sold. The decrease in stock compensation expense is the result of the number of shares earned for the performance shares granted on November 1, 2017, being lower as compared to the number of shares earned for the performance shares granted on November 1, 2016. Stock compensation is further described in "Part II, Item 8, Notes to Consolidated Financial Statements, Note 9 - Stock Compensation Plans." The increase in legal expenses is primarily attributable to our ongoing defense of the litigation described in "Part I, Item 3. Legal Proceedings" of this Form 10-K. The increase in third-party sales commissions is attributable to the Company's adoption of ASU 2014-09, Revenue from Contracts with Customers. While adoption of the standard had no effect on the Company's net income during fiscal 2019, SG&A expenses were negatively impacted during the period, and the negative impact to SG&A expenses was offset by a corresponding increase to revenue. For more information regarding the Company's adoption of ASU 2014-09 and the relation to SG&A expenses, refer to "Part II, Item 8, Notes to Consolidated Financial Statements, Note 1 - Significant Accounting Policies."
($ in millions)|For the year ended December 31:|Systems external revenue|Systems Hardware|IBM Z|Power Systems|Storage Systems|Operating Systems Software
|2018|$8,034|$6,363||||1,671
||$8,194|$6,494||||1,701
|Yr.-to-Yr. Percent Change|(2.0)%|(2.0)%|(5.4)|8.8|(5.5)|(1.7)
|Yr.-to-Yr. Percent Change Adjusted for Currency|(2.3)%|(2.3)%|(5.6)|8.7|(5.9)|(2.4)
Sales and marketing expenses increased $80 million, or 38%, in 2018 compared to 2017. The overall increase was primarily due to increased employee compensation-related costs, including amortization of capitalized commissions, of $55 million, driven by headcount growth, and an increase in marketing program costs of $10 million. The increase in marketing program costs was driven by increased volume of advertising activities. Further contributing to the overall increase was an increase in allocated shared costs of $11 million.
Sales and marketing expenses increased $105 million, or 36%, in 2019 compared to 2018. The overall increase was primarily due to increased employee compensation-related costs, including
amortization of capitalized commissions, of $72 million, driven by headcount growth, and an increase in marketing program costs of $8 million. The increase in marketing program costs was driven by increased volume of advertising activities. Further contributing to the overall increase was an increase in allocated shared costs of $14 million.
(1) As of December 31, 2018, there were 1,478 restricted stock shares issued for new awards under the Omnibus Incentive Plan and (5,024) restricted stock shares forfeited that were not yet reflected by our Recordkeeper. The table above (shares available under the Omnibus Incentive Plan) reflects this activity as occurred, creating a reconciling difference between shares issued and number of shares available under the Omnibus Plan.
|Number of shares available, beginning of year|Newly Registered Shares under Omnibus Incentive Plan|Restricted stock shares issued for new awards(1)|Restricted stock shares forfeited(1)|Restricted stock units awarded|Restricted stock units forfeited|Shares issued for 2014 Special PSU Awards|Shares issued for 2015 Three-Year PSU Awards|Shares issued for 2014 Three-Year PSU Awards|Restricted stock units awarded for SLO Awards|SLO units forfeited|Director shares granted and issued|Director units granted and deferred(2)|Shares withheld for taxes(3)|Number of shares available, end of year(4)
2019|4,489,347|—|—|105,960|(819,808)|96,534|—|—|—|(46,195)|1,580|(22,015)|(6,262)|249,368|4,048,509
2018|3,668,954|2,199,114|(571,438 )|91,542|(219,923 )|64,122|(658,783 )|(129,139 )|—|(23,478 )|817|(10,560 )|(16,505 )|94,624|4,489,347
2017|5,385,870|—|(480,283)|184,235|(351,946)|288,801|(749,653)|—|(636,723)|(44,254)|3,639|(15,491)|(17,008)|101,767|3,668,954
|Statutory U.S. Federal tax|Differences due to:|State and local taxes, net of federal benefit |Change in valuation allowance |Impact of the Tax Act |Stock compensation |Other |Income tax expense
December 27, 2019 |$6,805||2,078|95|—|(676)|(92)|$8,210
December 28, 2018 |$5,847||1,906|523|—|(197)|(637)|$7,442
December 29, 2017|$6,443||1,112|289|(3,573)|162|(391)|$4,042
December 31,||Computer hardware and software|Office equipment and office furniture|Capitalized internal-use software and website development|Leasehold improvements||Less accumulated depreciation and amortization|Total
|2019|$3,427|8,148|4,390|6,247|22,212|(19,230)|$2,982
|2018|$3,353|7,814|4,383|6,140|21,690|(17,900)|$3,790
||Balance at beginning of year|Accruals|Settlements|Balance at end of year
|December 28,
2019|$2,102|3,881|(4,041)|$1,942
Fiscal Year Ended|December 29, 2018|$ 3,662|3,181|(4,741)|$2,102
|December 30, 2017|$2,972|8,115|(7,425)|$3,662
Type of Payment|Cash Compensation (Salary & Non-Equity Incentive Compensation)|Value of Accelerated Vesting of Stock Option Awards|Value of Accelerated Vesting of Restricted Stock Unit Awards|Value of Accelerated Vesting of Performance Restricted Stock Unit Awards|Medical and Other Benefits|Total
Termination by Systemax without “Cause” or Resignation by Employee for “good reason” ($)|-|-|377,400 (2)|-|-|377,400
Termination Due to Death or Total Disability ($)|-|-|188,700 (3)|267,500 (4)|-|456,200
Change In Control Only ($)|-|-|377,400 (2)|-|-|377,400
Termination by Systemax without “Cause” or Resignation by Employee for “good reason” within a certain period of time following a Change in Control ($)|-|505,100 (1)|-|267,500 (4)|-|772,600