SYNOPSYS, INC.  NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—Continued The pro forma financial information is presented for informational purposes only and is not indicative of the results of operations that would have been achieved if the acquisition had taken place on November 1, 2010 or of results that may occur in the future.
## Table 0 ##
(1) Disclosure of the specific revenue contribution and net income of Magma subsequent to the acquisition, for the periods presented, is impracticable as the operations of Magma are integrated with the Company’s operations and not separately tracked.
(2) 2012 supplemental pro forma net income was adjusted to exclude $33.5 million of acquisitionrelated costs.
Corresponding periods of 2011 supplemental pro forma net income were adjusted to include these charges.
Other Fiscal 2012 Acquisitions During fiscal 2012, the Company acquired five other companies, including Emulation & Verification Engineering, S. A.
(EVE), for cash and preliminarily allocated the total purchase consideration of $212.9 million to the assets acquired and liabilities assumed based on their respective fair values at the acquisition dates, resulting in total goodwill of $123.4 million, of which $11.8 million is expected to be deductible for tax purposes.
Acquired identifiable intangible assets totaling $73.3 million were valued using appropriate valuation methods such as income or cost methods and are being amortized over their respective useful lives ranging from one to eight years.
During fiscal 2012, acquisition-related costs totaling $6.8 million were expensed as incurred in the consolidated statements of operations.
The Company continues to evaluate certain assets and liabilities related to business combinations completed within 12 months from the applicable acquisition date.
Additional information, which existed as of the acquisition date but is yet unknown to the Company, may become known to the Company during the remainder of the measurement period, a period not to exceed 12 months from the acquisition date.
Changes to amounts recorded as assets or liabilities will be recorded as retrospective adjustments to the provisional amounts recognized as of the acquisition date and may result in a corresponding adjustment to goodwill.
Fiscal 2011 Acquisitions During fiscal 2011, the Company completed two acquisitions for cash and allocated the total purchase consideration of $37.4 million to the assets and liabilities acquired based on their respective fair values at the acquisition date resulting in goodwill of $30.6 million.
Acquired identifiable intangible assets of $9.3 million are being amortized over two to ten years.
Fiscal 2010 Acquisitions Virage Logic Corporation On September 2, 2010, the Company acquired all outstanding shares of Virage Logic Corporation (Virage).
Virage was a leading provider of embedded memories with test and repair, non-volatile memories (NVMs), logic libraries, and configurable cores for control and multimedia sub-systems.
The acquisition expanded the Company’s DesignWare interface and analog IP portfolio.
Purchase Price.
Synopsys paid $12.00 per share for all outstanding shares, including vested awards of Virage for an aggregate cash payment of $299.5 million, net of cash acquired.
Additionally, the Company assumed unvested restricted stock units and stock appreciation rights, collectively called “stock awards.
”
Table of Contents SYNOPSYS, INC.  NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—Continued 54 Property and Equipment.
Property and equipment is recorded at cost less accumulated depreciation.
Assets, excluding land, are depreciated using the straight-line method over their estimated useful lives.
Leasehold improvements are amortized using the straight-line method over the remaining term of the lease or the economic useful life of the asset, whichever is shorter.
Depreciation expenses were $73.8 million, $71.1 million and $63.1 million in fiscal 2016, 2015 and 2014, respectively.
Repair and maintenance costs are expensed as incurred and such costs were $38.8 million, $32.3 million and $28.7 million in fiscal 2016, 2015 and 2014, respectively.
A summary of property and equipment, at cost less accumulated depreciation and amortization, as of October 31, 2016 and 2015 is as follows:
## Table 1 ##
(1) Accumulated depreciation and amortization includes write-offs due to retirement of fully amortized fixed assets.
The useful lives of depreciable assets are as follows:
## Table 2 ##
Goodwill.
Goodwill represents the excess of the aggregate purchase price over the fair value of the net tangible and identifiable intangible assets acquired by the Company.
The carrying amount of goodwill is tested for impairment annually as of October 31 or more frequently if facts and circumstances warrant a review.
The Company determined that it is a single reporting unit for the purpose of goodwill impairment tests.
For purposes of assessing the impairment of goodwill, the Company estimates the value of the reporting unit using its market capitalization as the best evidence of fair value.
This fair value is then compared to the carrying value of the reporting unit.
During fiscal 2016, 2015 and 2014, there were no indicators of impairment to goodwill.
Intangible Assets.
Intangible assets consist of acquired technology, certain contract rights, customer relationships, trademarks and trade names, covenants not to compete, capitalized software, and in-process research and development.
These intangible assets are either acquired through business combinations, direct purchases, or internally developed capitalized software.
Intangible assets are amortized on a straight-line basis over their estimated useful lives which range from one to ten years.
The Company continually monitors events and changes in circumstances that could indicate carrying amounts of long-lived assets, including property and equipment and intangible assets, may not be recoverable.
When such events or changes in circumstances occur, the Company assesses the recoverability of long-lived assets by determining whether the carrying value of such asset group will be recovered through the undiscounted future cash flow.
If the undiscounted future cash flow is less than the carrying amount of the asset group, the Company recognizes an impairment loss based on the excess of the carrying amount over the fair value of the asset group.
The Company had no impairments of any long-lived assets in fiscal 2016, 2015 or 2014.
The following is a summary of our restructuring activities:
## Table 3 ##
See Note 2 of Notes to Consolidated Financial Statements.
Other Income (Expense), Net
## Table 4 ##
The net increase in other income (expense) in fiscal 2017 as compared to fiscal 2016 was primarily due to higher gains in the market value of our executive deferred compensation plan assets.
The net decrease in other income (expense) in fiscal 2016 as compared to fiscal 2015 was primarily due to lower gains in foreign currency exchange as a result of the weakened U. S.  dollar against the related foreign currencies, partially offset by increased income on foreign exchange hedging contracts that was recorded in Other, net.
Income Taxes Our effective tax rate for fiscal 2017 was 64.4%, which included income tax expense of $166.2 million relating to a repatriation of foreign earnings of $825 million in anticipation of potential U. S.  corporate tax reform, $30.5 million due to an increase in valuation allowance on state deferred tax assets, a settlement with the Korean National Tax Service for the audit of fiscal years 2012 to 2016 of $7.9 million, and tax expense related to the integration of acquired technologies of $36.4 million.
These expenses were partially offset by excess tax benefits from stock-based compensation of $38.1 million, a U. S.  federal research tax credit of $25.5 million, and a settlement with the Taiwanese tax authorities for fiscal 2014 of $10.9 million.
Our effective tax rate for fiscal 2016 was 19.0%, which included tax benefits from a settlement with the Internal Revenue Service (IRS) of $20.7 million for fiscal 2015 and the permanent reinstatement of the U. S.  federal research tax credit of approximately $37.1 million, partially offset by tax expense from the integration of acquired technologies of $37.5 million, the impact of undistributed foreign earnings of $9.6 million, and an increase in the valuation allowance on deferred tax assets of $14.0 million as a result of changes in the expected utilization of state tax credits.
The reinstatement of the research tax credit resulted in an additional tax credit for ten months of fiscal 2015 and the full year of fiscal 2016, which was recorded in fiscal 2016.
Our effective tax rate for fiscal 2015 was 19.8%, which included tax expense from the integration of acquired technologies of $33.0 million partially offset by tax benefits from the reinstatement of the U. S.  federal research tax credit of
VORNADO REALTY TRUST NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED) 9.
Debt - continued Our revolving credit facility and senior unsecured notes contain financial covenants which require us to maintain minimum interest coverage ratios and limit our debt to market capitalization ratios.
We believe that we have complied with all of our financial covenants as of December 31, 2007.
On May 9, 2006, we executed supplemental indentures with respect to our senior unsecured notes due 2007, 2009 and 2010 (collectively, the “Notes”), pursuant to our consent solicitation statement dated April 18, 2006, as amended.
Holders of approximately 96.7% of the aggregate principal amount of the Notes consented to the solicitation.
The supplemental indentures contain modifications of certain covenants and related defined terms governing the terms of the Notes to make them consistent with corresponding provisions of the covenants and defined terms included in the senior unsecured notes due 2011 issued on February 16, 2006.
The supplemental indentures also include a new covenant that provides for an increase in the interest rate of the Notes upon certain decreases in the ratings assigned by rating agencies to the Notes.
In connection with the consent solicitation we paid an aggregate fee of $2,241,000 to the consenting note holders, which will be amortized into expense over the remaining term of the Notes.
In addition, we incurred advisory and professional fees aggregating $1,415,000, which were expensed in 2006.
The net carrying amount of properties collateralizing the notes and mortgages payable amounted to $10.920 billion at December 31, 2007.
As at December 31, 2007, the principal repayments required for the next five years and thereafter are as follows:

['

Year Ended October 31,
2012	2011
(in thousands)
Revenue-1	$1,798,626	$1,682,036
Net Income-1	$183,564	-2	$165,418	-2

', '

October 31,
2016	2015
(in thousands)
Computer and other equipment	$486,109	$436,425
Buildings	68,194	67,943
Furniture and fixtures	51,589	50,075
Land	20,414	20,414
Leasehold improvements	136,773	142,275
763,079	717,132
Less accumulated depreciation and amortization-1	-506,044	-454,055
Total	$257,035	$263,077

', '

Useful Life in Years
Computer and other equipment	3-5
Buildings	30
Furniture and fixtures	5
Leasehold improvements (average)	5

', '

Fiscal Year	Balance at Beginning of Period	Costs Incurred (Reduced)	Cash Payments	Balance at End of Period
(in millions)
2017	$5.7	$36.6	$-24.8	$17.5
2016	$—	$9.6	$-3.9	$5.7
2015	$—	$15.1	$-15.1	$—

', '

Year Ended October 31,	$ Change	% Change	$ Change	% Change
2017	2016	2015	2016 to 2017	2015 to 2016
(dollars in millions)
Interest income	$7.2	$3.7	$2.8	$3.5	95%	$0.9	32%
Interest expense	-7.3	-3.8	-2.8	-3.5	92%	-1.0	36%
Gain (loss) on assets related to executive deferred compensation plan	29.6	4.4	3.7	25.2	573%	0.7	19%
Foreign currency exchange gain (loss)	3.4	0.2	6.3	3.2	1,600%	-6.1	-97%
Other, net	2.6	7.7	5.1	-5.1	-66%	2.6	51%
Total	$35.5	$12.2	$15.1	$23.3	191%	$-2.9	-19%

']

Question: What is the average value of Gain (loss) on assets related to executive deferred compensation plan in 2017,2016 and 2015 for Year Ended October 31,? (in million)
Answer: 12.56667