MehdiHosseiniMoghadam/ConvFinQA huggingface dataset:
american tower corporation and subsidiaries notes to consolidated financial statements the valuation allowance increased from $ 47.8 million as of december 31 , 2009 to $ 48.2 million as of december 31 , 2010 .
the increase was primarily due to valuation allowances on foreign loss carryforwards .
at december 31 , 2010 , the company has provided a valuation allowance of approximately $ 48.2 million which primarily relates to state net operating loss carryforwards , equity investments and foreign items .
the company has not provided a valuation allowance for the remaining deferred tax assets , primarily its federal net operating loss carryforwards , as management believes the company will have sufficient taxable income to realize these federal net operating loss carryforwards during the twenty-year tax carryforward period .
valuation allowances may be reversed if related deferred tax assets are deemed realizable based on changes in facts and circumstances relevant to the assets 2019 recoverability .
the recoverability of the company 2019s remaining net deferred tax asset has been assessed utilizing projections based on its current operations .
the projections show a significant decrease in depreciation in the later years of the carryforward period as a result of a significant portion of its assets being fully depreciated during the first fifteen years of the carryforward period .
accordingly , the recoverability of the net deferred tax asset is not dependent on material improvements to operations , material asset sales or other non-routine transactions .
based on its current outlook of future taxable income during the carryforward period , management believes that the net deferred tax asset will be realized .
the company 2019s deferred tax assets as of december 31 , 2010 and 2009 in the table above do not include $ 122.1 million and $ 113.9 million , respectively , of excess tax benefits from the exercises of employee stock options that are a component of net operating losses .
total stockholders 2019 equity as of december 31 , 2010 will be increased by $ 122.1 million if and when any such excess tax benefits are ultimately realized .
at december 31 , 2010 , the company had net federal and state operating loss carryforwards available to reduce future federal and state taxable income of approximately $ 1.2 billion , including losses related to employee stock options of $ 0.3 billion .
if not utilized , the company 2019s net operating loss carryforwards expire as follows ( in thousands ) : .

years ended december 31,
federal
state
foreign
2011 to 2015
$ 2014
$ 2014
$ 503
2016 to 2020
2014
331315
5509
2021 to 2025
774209
576780
2014
2026 to 2030
423398
279908
92412
total
$ 1197607
$ 1188003
$ 98424

in addition , the company has mexican tax credits of $ 5.2 million which if not utilized would expire in 2017. .

Question: what portion of the total net operating loss carryforwards is state related?
Answer: 47.8%

Question: what is the total net operating loss carryforwards?
Answer: 2484034
item 5 .
market for the registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities the following graph compares annual total return of our common stock , the standard & poor 2019s 500 composite stock index ( 201cs&p 500 index 201d ) and our peer group ( 201cloews peer group 201d ) for the five years ended december 31 , 2016 .
the graph assumes that the value of the investment in our common stock , the s&p 500 index and the loews peer group was $ 100 on december 31 , 2011 and that all dividends were reinvested. .

2011
2012
2013
2014
2015
2016
loews common stock
100.0
108.91
129.64
113.59
104.47
128.19
s&p 500 index
100.0
116.00
153.57
174.60
177.01
198.18
loews peer group ( a )
100.0
113.39
142.85
150.44
142.44
165.34

( a ) the loews peer group consists of the following companies that are industry competitors of our principal operating subsidiaries : chubb limited ( name change from ace limited after it acquired the chubb corporation on january 15 , 2016 ) , w.r .
berkley corporation , the chubb corporation ( included through january 15 , 2016 when it was acquired by ace limited ) , energy transfer partners l.p. , ensco plc , the hartford financial services group , inc. , kinder morgan energy partners , l.p .
( included through november 26 , 2014 when it was acquired by kinder morgan inc. ) , noble corporation , spectra energy corp , transocean ltd .
and the travelers companies , inc .
dividend information we have paid quarterly cash dividends in each year since 1967 .
regular dividends of $ 0.0625 per share of loews common stock were paid in each calendar quarter of 2016 and 2015. .

Question: what was the growth rate of the s&p 500 index from 2011 to 2016
Answer: 98.2%

Question: what is the roi of an investment in s&p500 index from 2011 to 2012?
Answer: 16%

Question: what is the roi of an investment in loews common stock from 2011 to 2012?
Answer: 8.9%
shareowner return performance graph the following performance graph and related information shall not be deemed 201csoliciting material 201d or to be 201cfiled 201d with the sec , nor shall such information be incorporated by reference into any future filing under the securities act of 1933 or securities exchange act of 1934 , each as amended , except to the extent that the company specifically incorporates such information by reference into such filing .
the following graph shows a five year comparison of cumulative total shareowners 2019 returns for our class b common stock , the standard & poor 2019s 500 index , and the dow jones transportation average .
the comparison of the total cumulative return on investment , which is the change in the quarterly stock price plus reinvested dividends for each of the quarterly periods , assumes that $ 100 was invested on december 31 , 2009 in the standard & poor 2019s 500 index , the dow jones transportation average , and our class b common stock. .

12/31/2009
12/31/2010
12/31/2011
12/31/2012
12/31/2013
12/31/2014
united parcel service inc .
$ 100.00
$ 130.29
$ 135.35
$ 140.54
$ 205.95
$ 223.79
standard & poor 2019s 500 index
$ 100.00
$ 115.06
$ 117.48
$ 136.26
$ 180.38
$ 205.05
dow jones transportation average
$ 100.00
$ 126.74
$ 126.75
$ 136.24
$ 192.61
$ 240.91

.

Question: what was the difference in percentage cumulative total shareowners 2019 returns for united parcel service inc . compared to the standard & poor's 500 index for the five years ended 12/31/2014?
Answer: 18.74%

Question: what was the percentage cumulative total shareowners 2019 returns for united parcel service inc . for the five years ended 12/31/2014?
Answer: 123.79%

Question: what is the roi of an investment in ups from 2010 to 2012?
Answer: 7.9%

Question: what is the roi of an investment in s&p500 from 2010 to 2012?
Answer: 18.4%
stock performance graph the following line-graph presentation compares our cumulative shareholder returns with the standard & poor 2019s information technology index and the standard & poor 2019s 500 stock index for the past five years .
the line graph assumes the investment of $ 100 in our common stock , the standard & poor 2019s information technology index , and the standard & poor 2019s 500 stock index on may 31 , 2002 and assumes reinvestment of all dividends .
comparison of 5 year cumulative total return* among global payments inc. , the s&p 500 index and the s&p information technology index 5/02 5/03 5/04 5/05 5/06 5/07 global payments inc .
s&p 500 s&p information technology * $ 100 invested on 5/31/02 in stock or index-including reinvestment of dividends .
fiscal year ending may 31 .
global payments s&p 500 information technology .

global payments
s&p 500
s&p information technology
may 31 2002
$ 100.00
$ 100.00
$ 100.00
may 31 2003
94.20
91.94
94.48
may 31 2004
129.77
108.79
115.24
may 31 2005
193.30
117.75
116.29
may 31 2006
260.35
127.92
117.14
may 31 2007
224.24
157.08
144.11

issuer purchases of equity securities on april 5 , 2007 , our board of directors authorized repurchases of our common stock in an amount up to $ 100 million .
the board has authorized us to purchase shares from time to time as market conditions permit .
there is no expiration date with respect to this authorization .
no amounts have been repurchased during the fiscal year ended may 31 , 2007. .

Question: what will be the rate of return for global payments from 2002 to 2003?
Answer: -5.8%

Question: in comparison to overall information technology sector , how much percentage would global payments have earned the investor .
Answer: global payments would have earned an 80.13% greater return than the overall information technology sector .

Question: what will be the rate of return for global payments from 2003 to 2004?
Answer: 37.8%
shareholder return performance presentation the graph presented below compares the cumulative total shareholder return on state street's common stock to the cumulative total return of the s&p 500 index , the s&p financial index and the kbw bank index over a five- year period .
the cumulative total shareholder return assumes the investment of $ 100 in state street common stock and in each index on december 31 , 2008 at the closing price on the last trading day of 2008 , and also assumes reinvestment of common stock dividends .
the s&p financial index is a publicly available measure of 81 of the standard & poor's 500 companies , representing 17 diversified financial services companies , 22 insurance companies , 19 real estate companies and 23 banking companies .
the kbw bank index seeks to reflect the performance of banks and thrifts that are publicly traded in the u.s. , and is composed of 24 leading national money center and regional banks and thrifts. .

2008
2009
2010
2011
2012
2013
state street corporation
$ 100
$ 111
$ 118
$ 105
$ 125
$ 198
s&p 500 index
100
126
146
149
172
228
s&p financial index
100
117
132
109
141
191
kbw bank index
100
98
121
93
122
168

.

Question: how much higher are the returns of the s&p 500 in the same period ( 2008-2013 ) ? as a percentage .
Answer: 30%

Question: what percent increase would shareholders receive between 2008 and 2013?
Answer: 98%

Question: what is the roi of an investment in kbw bank index from 2008 to 2011?
Answer: -7%

Question: what is the roi of an investment in the state street corporation from 2008 to 2011?
Answer: 5%
note 9 .
commitments and contingencies operating leases we are obligated under noncancelable operating leases for corporate office space , warehouse and distribution facilities , trucks and certain equipment .
the future minimum lease commitments under these leases at december 31 , 2009 are as follows ( in thousands ) : years ending december 31: .

2010
$ 55178
2011
45275
2012
36841
2013
30789
2014
22094
thereafter
59263
future minimum lease payments
$ 249440

rental expense for operating leases was approximately $ 57.2 million , $ 49.0 million and $ 26.6 million during the years ended december 31 , 2009 , 2008 and 2007 , respectively .
we guarantee the residual values of the majority of our truck and equipment operating leases .
the residual values decline over the lease terms to a defined percentage of original cost .
in the event the lessor does not realize the residual value when a piece of equipment is sold , we would be responsible for a portion of the shortfall .
similarly , if the lessor realizes more than the residual value when a piece of equipment is sold , we would be paid the amount realized over the residual value .
had we terminated all of our operating leases subject to these guarantees at december 31 , 2009 , the guaranteed residual value would have totaled approximately $ 27.8 million .
litigation and related contingencies in december 2005 and may 2008 , ford global technologies , llc filed complaints with the international trade commission against us and others alleging that certain aftermarket parts imported into the u.s .
infringed on ford design patents .
the parties settled these matters in april 2009 pursuant to a settlement arrangement that expires in september 2011 .
pursuant to the settlement , we ( and our designees ) became the sole distributor in the united states of aftermarket automotive parts that correspond to ford collision parts that are covered by a united states design patent .
we have paid ford an upfront fee for these rights and will pay a royalty for each such part we sell .
the amortization of the upfront fee and the royalty expenses are reflected in cost of goods sold on the accompanying consolidated statements of income .
we also have certain other contingencies resulting from litigation , claims and other commitments and are subject to a variety of environmental and pollution control laws and regulations incident to the ordinary course of business .
we currently expect that the resolution of such contingencies will not materially affect our financial position , results of operations or cash flows .
note 10 .
business combinations on october 1 , 2009 , we acquired greenleaf auto recyclers , llc ( 201cgreenleaf 201d ) from ssi for $ 38.8 million , net of cash acquired .
greenleaf is the entity through which ssi operated its late model automotive parts recycling business .
we recorded a gain on bargain purchase for the greenleaf acquisition totaling $ 4.3 million , which is .

Question: what was the percentage change in rental expense for operating leases from 2008 to 2009?
Answer: 17%

Question: what was the percentage change in rental expense for operating leases from 2007 to 2008?
Answer: 84%
packaging corporation of america notes to consolidated financial statements ( continued ) december 31 , 2006 4 .
stock-based compensation ( continued ) as of december 31 , 2006 , there was $ 8330000 of total unrecognized compensation costs related to the restricted stock awards .
the company expects to recognize the cost of these stock awards over a weighted-average period of 2.5 years .
5 .
accrued liabilities the components of accrued liabilities are as follows: .

( in thousands )
december 31 , 2006
december 31 , 2005
bonuses and incentives
$ 29822
$ 21895
medical insurance and workers 2019 compensation
18279
18339
vacation and holiday pay
14742
14159
customer volume discounts and rebates
13777
13232
franchise and property taxes
8432
8539
payroll and payroll taxes
5465
4772
other
9913
5889
total
$ 100430
$ 86825

6 .
employee benefit plans and other postretirement benefits in connection with the acquisition from pactiv , pca and pactiv entered into a human resources agreement which , among other items , granted pca employees continued participation in the pactiv pension plan for a period of up to five years following the closing of the acquisition for an agreed upon fee .
effective january 1 , 2003 , pca adopted a mirror-image pension plan for eligible hourly employees to succeed the pactiv pension plan in which pca hourly employees had participated though december 31 , 2002 .
the pca pension plan for hourly employees recognizes service earned under both the pca plan and the prior pactiv plan .
benefits earned under the pca plan are reduced by retirement benefits earned under the pactiv plan through december 31 , 2002 .
all assets and liabilities associated with benefits earned through december 31 , 2002 for hourly employees and retirees of pca were retained by the pactiv plan .
effective may 1 , 2004 , pca adopted a grandfathered pension plan for certain salaried employees who had previously participated in the pactiv pension plan pursuant to the above mentioned human resource agreement .
the benefit formula for the new pca pension plan for salaried employees is comparable to that of the pactiv plan except that the pca plan uses career average base pay in the benefit formula in lieu of final average base pay .
the pca pension plan for salaried employees recognizes service earned under both the pca plan and the prior pactiv plan .
benefits earned under the pca plan are reduced by retirement benefits earned under the pactiv plan through april 30 , 2004 .
all assets and liabilities associated with benefits earned through april 30 , 2004 for salaried employees and retirees of pca were retained by the pactiv plan .
pca maintains a supplemental executive retirement plan ( 201cserp 201d ) , which augments pension benefits for eligible executives ( excluding the ceo ) earned under the pca pension plan for salaried employees .
benefits are determined using the same formula as the pca pension plan but in addition to counting .

Question: what was the percentage change in payroll and payroll taxes from 2005 to 2006?
Answer: 15%

Question: what was the percentage change in bonuses and incentives from 2005 to 2006?
Answer: 36%
entergy texas , inc .
and subsidiaries management 2019s financial discussion and analysis results of operations net income 2017 compared to 2016 net income decreased $ 31.4 million primarily due to lower net revenue , higher depreciation and amortization expenses , higher other operation and maintenance expenses , and higher taxes other than income taxes .
2016 compared to 2015 net income increased $ 37.9 million primarily due to lower other operation and maintenance expenses , the asset write-off of its receivable associated with the spindletop gas storage facility in 2015 , and higher net revenue .
net revenue 2017 compared to 2016 net revenue consists of operating revenues net of : 1 ) fuel , fuel-related expenses , and gas purchased for resale , 2 ) purchased power expenses , and 3 ) other regulatory charges .
following is an analysis of the change in net revenue comparing 2017 to 2016 .
amount ( in millions ) .

amount ( in millions )
2016 net revenue
$ 644.2
net wholesale revenue
-35.1 ( 35.1 )
purchased power capacity
-5.9 ( 5.9 )
transmission revenue
-5.4 ( 5.4 )
reserve equalization
5.6
retail electric price
19.0
other
4.4
2017 net revenue
$ 626.8

the net wholesale revenue variance is primarily due to lower net capacity revenues resulting from the termination of the purchased power agreements between entergy louisiana and entergy texas in august 2016 .
the purchased power capacity variance is primarily due to increased expenses due to capacity cost changes for ongoing purchased power capacity contracts .
the transmission revenue variance is primarily due to a decrease in the amount of transmission revenues allocated by miso .
the reserve equalization variance is due to the absence of reserve equalization expenses in 2017 as a result of entergy texas 2019s exit from the system agreement in august 2016 .
see note 2 to the financial statements for a discussion of the system agreement. .

Question: based on analysis of the change in net revenue what was the percentage change in the net revenue from 2016 to 2017
Answer: -2.7%

Question: what percent did net revenue decrease between 2016 and 2017?
Answer: 2.7%
the table below summarizes activity of rsus with performance conditions for the year ended december 31 , shares ( in thousands ) weighted average grant date fair value ( per share ) .

shares ( in thousands )
weightedaverage grantdate fair value ( per share )
non-vested total as of december 31 2016
309
$ 55.94
granted
186
63.10
vested
-204 ( 204 )
46.10
forfeited
-10 ( 10 )
70.50
non-vested total as of december 31 2017
281
$ 67.33

as of december 31 , 2017 , $ 6 million of total unrecognized compensation cost related to the nonvested rsus , with and without performance conditions , is expected to be recognized over the weighted-average remaining life of 1.5 years .
the total fair value of rsus , with and without performance conditions , vested was $ 16 million , $ 14 million and $ 12 million for the years ended december 31 , 2017 , 2016 and 2015 , respectively .
if dividends are paid with respect to shares of the company 2019s common stock before the rsus are distributed , the company credits a liability for the value of the dividends that would have been paid if the rsus were shares of company common stock .
when the rsus are distributed , the company pays the participant a lump sum cash payment equal to the value of the dividend equivalents accrued .
the company accrued dividend equivalents totaling less than $ 1 million , $ 1 million and $ 1 million to accumulated deficit in the accompanying consolidated statements of changes in stockholders 2019 equity for the years ended december 31 , 2017 , 2016 and 2015 , respectively .
employee stock purchase plan the company maintains a nonqualified employee stock purchase plan ( the 201cespp 201d ) through which employee participants may use payroll deductions to acquire company common stock at the lesser of 90% ( 90 % ) of the fair market value of the common stock at either the beginning or the end of a three-month purchase period .
on february 15 , 2017 , the board adopted the american water works company , inc .
and its designated subsidiaries 2017 nonqualified employee stock purchase plan , which was approved by stockholders on may 12 , 2017 and took effect on august 5 , 2017 .
the prior plan was terminated as to new purchases of company stock effective august 31 , 2017 .
as of december 31 , 2017 , there were 2.0 million shares of common stock reserved for issuance under the espp .
the espp is considered compensatory .
during the years ended december 31 , 2017 , 2016 and 2015 , the company issued 93 thousand , 93 thousand and 98 thousand shares , respectively , under the espp. .

Question: by how much did non-vested rsu's decrease from 2016 to 2017?
Answer: -9.1%

Question: based on the weighted average grant date fair value ( per share ) , what was the total granted rsu cost during 2017?
Answer: $ 11736600.00 \\n
entergy louisiana , llc and subsidiaries management 2019s financial discussion and analysis results of operations net income 2016 compared to 2015 net income increased $ 175.4 million primarily due to the effect of a settlement with the irs related to the 2010-2011 irs audit , which resulted in a $ 136.1 million reduction of income tax expense .
also contributing to the increase were lower other operation and maintenance expenses , higher net revenue , and higher other income .
the increase was partially offset by higher depreciation and amortization expenses , higher interest expense , and higher nuclear refueling outage expenses .
2015 compared to 2014 net income increased slightly , by $ 0.6 million , primarily due to higher net revenue and a lower effective income tax rate , offset by higher other operation and maintenance expenses , higher depreciation and amortization expenses , lower other income , and higher interest expense .
net revenue 2016 compared to 2015 net revenue consists of operating revenues net of : 1 ) fuel , fuel-related expenses , and gas purchased for resale , 2 ) purchased power expenses , and 3 ) other regulatory charges .
following is an analysis of the change in net revenue comparing 2016 to 2015 .
amount ( in millions ) .

amount ( in millions )
2015 net revenue
$ 2408.8
retail electric price
69.0
transmission equalization
-6.5 ( 6.5 )
volume/weather
-6.7 ( 6.7 )
louisiana act 55 financing savings obligation
-17.2 ( 17.2 )
other
-9.0 ( 9.0 )
2016 net revenue
$ 2438.4

the retail electric price variance is primarily due to an increase in formula rate plan revenues , implemented with the first billing cycle of march 2016 , to collect the estimated first-year revenue requirement related to the purchase of power blocks 3 and 4 of the union power station .
see note 2 to the financial statements for further discussion .
the transmission equalization variance is primarily due to changes in transmission investments , including entergy louisiana 2019s exit from the system agreement in august 2016 .
the volume/weather variance is primarily due to the effect of less favorable weather on residential sales , partially offset by an increase in industrial usage and an increase in volume during the unbilled period .
the increase .

Question: what is the growth rate in net revenue in 2016 for entergy louisiana?
Answer: 1.2%