hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
AMERICAN TOWER CORPORATION AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
20. SUPPLEMENTAL CASH FLOW INFORMATION
Supplemental cash flow information and non-cash investing and financing activities are as follows for the years ended December 31,:
(1) Related to the note extinguishment with TV Azteca, S.A. de C.V. in 2018.
Table:
 | 2019 | 2018 | 2017
Supplemental cash flow information: |  |  | 
Cash paid for interest | $750.2 | $789.7 | $712.1
Cash paid for income taxes (net of refunds of $11.2, $25.0 and $20.7, respectively) | 147.5 | 163.9 | 136.5
Non-cash investing and financing activities: |  |  | 
(Decrease) increase in accounts payable and accrued expenses for purchases of property and equipment and construction activities | (21.0) | 8.3 | 34.0
Purchases of property and equipment under finance leases, perpetual easements and capital leases | 81.3 | 57.8 | 54.8
Fair value of debt assumed through acquisitions | 329.8 | — | —
Acquisition of Commercialization Rights (1) | — | 24.8 | —
Conversion of third-party debt to equity | — | — | 48.2
Debt financed acquisition of communication sites | — | 54.2 | —


Question: What was the percentage change in Purchases of property and equipment under finance leases, perpetual easements and capital leases between 2018 and 2019?
Answer: 40.66
Calculation: ((81.3-57.8)/57.8) * 100
Estimated Useful Lives of Computer Software and Other Intangible Assets Acquired
As of the acquisition date, the gross carrying value and weighted average estimated useful lives of Computer software and Other intangible assets acquired during the year ended December 31, 2019 consisted of the following (dollars in millions):
Table:
 | Gross carrying value | Weighted average estimated life (in years)
Computer software | $9.4 | 5
Other intangible assets: |  | 
Client relationships | 19.1 | 10
Trade names | 1.4 | 3
Non-compete agreements | 0.9 | 5
Other intangible assets | 21.4 | 
Total gross carrying value | $30.8 | 


Question: What was the total gross carrying value?
Answer: 30.8
Discontinued Operations
Year Ended December 31, 2019 Compared with the Years Ended December 31, 2018 and 2017
On December 31, 2018, we sold all of the Class A Common Units of Netsmart owned by the Company. Prior to the sale, Netsmart comprised a separate reportable segment, which due to its significance to our historical consolidated financial statements and results of operations, is now reported as a discontinued operation as a result of the sale for all periods presented. The loss from discontinued operations represents the net of losses incurred by Netsmart for the years ended December 31, 2018 and 2017 partly offset by earnings attributable to two solutions acquired during the fourth quarter of 2017 as part of the EIS Business that we no longer support effective as of March 31, 2018. Refer to Note 17, “Discontinued Operations” to our consolidated financial statements included in Part II, Item 8, “Financial Statements and Supplementary Data” of this Form 10-K for additional information regarding discontinued operations.
Table:
 | Year Ended December 31, |  |  | 2019 % | 2018 %
(In thousands) | 2019 | 2018 | 2017 | Change from 2018 | Change from 2017
Loss from discontinued operations | $ 0 | $(72,836) | $(11,915) | (100.0%) | NM
Gain on sale of Netsmart | $ 0 | 500,471 | 0 | (100.0%) | NM
Income tax effect on discontinued operations | $ 0 | (32,497) | 42,263 | (100.0%) | (176.9%)
Income (loss) from discontinued operations, net of tax | $ 0 | $395,138 | $30,348 | (100.0%) | NM


Question: What was the Gain on sale of Netsmart in 2018?
Answer: 500,471
Significant Suppliers
We purchase a significant amount of our inventory from certain manufacturers or suppliers including components, assemblies and electronic manufacturing parts. The inventory is purchased under standard supply agreements that outline the terms of the product delivery. The title and risk of loss of the product generally pass to us upon shipment from the manufacturers’ plant or warehouse. Some of these manufacturers accounted for more than 10% of our purchases and accounts payable as follows:
We are currently reliant upon these suppliers for products. Although we believe that we can obtain products from other sources, the loss of a significant supplier could have a material impact on our financial condition and results of operations as the products that are being purchased may not be available on the same terms from another supplier.
Table:
 |  | Year Ended February 28, | 
 | 2019 | 2018 | 2017
Inventory purchases: |  |  | 
Supplier A | 31% | 33% | 34%
Supplier B | 20% | 16% | 14%
Supplier C | 6% | 9% | 11%
 |  | As of February 28, | 
2017 | 2019 | 2018 | 
Accounts Payable: |  |  | 
Supplier A | 30% | 40% | 33%
Supplier B | 18% | 16% | 18%


Question: How many percent of the total inventory purchases did Supplier A account for in the year 2019?
Answer: 31%
The tax effect of temporary differences and carryforwards that give rise to significant portions of deferred tax assets and liabilities consisted of the following:
The liability for gross unrecognized tax benefits at May 26, 2019 was $44.1 million, excluding a related liability of $11.7 million for gross interest and penalties. Included in the balance at May 26, 2019 are $1.0 million of tax positions for which the ultimate deductibility is highly certain but for which there is uncertainty about the timing of such deductibility. Because of the impact of deferred tax accounting, the disallowance of the shorter deductibility period would not affect the annual effective tax rate but would accelerate the payment of cash to the taxing authority to an earlier period. Any associated interest and penalties imposed would affect the tax rate. As of May 27, 2018, our gross liability for unrecognized tax benefits was $32.5 million, excluding a related liability of $7.7 million for gross interest and penalties. Interest and penalties recognized in the Consolidated Statements of Operations was an expense of $1.2 million in fiscal 2019, an expense of $1.6 million in fiscal 2018, and a benefit of $0.3 million in fiscal 2017.
Notes to Consolidated Financial Statements - (Continued) Fiscal Years Ended May 26, 2019, May 27, 2018, and May 28, 2017 (columnar dollars in millions except per share amounts)
Table:
 | May 26, 2019 |  | May 27, 2018 | 
 | Assets | Liabilities | Assets | Liabilities
Property, plant and equipment | $— | $240.7 | $— | $141.0
Inventory | 15.2 | — | 2.6 | —
Goodwill, trademarks and other intangible assets | — | 1,187.0 | — | 406.2
Accrued expenses | 11.8 | — | 15.5 | —
Compensation related liabilities | 35.9 | — | 34.1 | —
Pension and other postretirement benefits | 54.6 | — | 45.8 | —
Investment in unconsolidated subsidiaries | — | 185.4 | — | 165.8
Other liabilities that will give rise to future tax deductions | 123.5 | — | 109.7 | —
Net capital and operating loss carryforwards | 766.5 | — | 762.5 | —
Federal credits | 18.0 | — | 3.5 | —
Other | 37.6 | 24.0 | 23.6 | 9.5
 | 1,063.1 | 1,637.1 | 997.3 | 722.5
Less: Valuation allowance | (738.1) | — | (739.6) | —
Net deferred taxes | $325.0 | $1,637.1 | $257.7 | $722.5


Question: Why was the disallowance of the shorter deductibility period would not affect the annual effective tax rate but would accelerate the payment of cash to the taxing authority to an earlier period?
Answer: Because of the impact of deferred tax accounting
Item 6: Selected Financial Data
The following selected consolidated financial data is derived from our consolidated financial statements. This data should be read in conjunction with our consolidated financial statements and the related notes, and Item 7: Management's Discussion and Analysis of Financial Condition and Results of Operations contained elsewhere in this Annual Report on Form 10-K.
(1) Fiscal 2018 net income includes an income tax benefit of $75.8 million from a valuation allowance release against certain U.S. deferred tax assets. See Note 13 of Notes to Consolidated Financial Statements. (2) Fiscal 2019, 2018, 2017, 2016, and 2015 net income (loss) includes restructuring charges, net, of $0.5 million, $0.2 million, $0.8 million, $7.3 million and $0.6 million, respectively.
(3) Fiscal 2016 net loss includes impairment charges of $12.4 million. (4) Fiscal 2015 net loss includes the following: i) a $1.5 million gain from a business interruption insurance claim relating to a factory fire at a customer's facility; and ii) a $1.0 million net gain from the sale of intellectual property.
(5) Fiscal 2016 includes the following as a result of the Cascade Microtech acquisition: i) $82.6 million in revenue; ii) $27.8 million of intangible amortization expense; and iii) a $7.6 million charge for inventory-related step-up amortization.
Table:
 | Fiscal 2019 (2) | Fiscal 2018(1)(2) | Fiscal 2017(2) | Fiscal 2016 (2)(3)(5) | Fiscal 2015(2)(4)
 |  |  | (Dollars in thousands, except per share data) |  | 
Consolidated Statements of Operations Data: |  |  |  |  | 
Revenues | $589,464 | $529,675 | $548,441 | $383,881 | $282,358
Gross profit | 237,496 | 210,339 | 215,597 | 102,682 | 85,738
Net income (loss) | 39,346 | 104,036 | 40,913 | (6,557) | (1,523)
Basic net income (loss) per share | 0.52 | 1.42 | 0.57 | (0.10) | (0.03)
Diluted net income (loss) per share | 0.51 | 1.38 | 0.55 | (0.10) | (0.03)
Consolidated Balance Sheets Data: |  |  |  |  | 
Cash, cash equivalents and marketable securities | $220,872 | $149,003 | $140,172 | $108,905 | $187,589
Working capital | 282,483 | 235,302 | 213,693 | 172,002 | 214,437
Total assets | 839,882 | 728,222 | 646,574 | 618,982 | 342,723
Term loan, net of current portion | 15,639 | 34,971 | 87,228 | 125,475 | —
Total stockholders' equity | 640,997 | 580,164 | 458,637 | 401,056 | 294,681
Number of employees | 1,836 | 1,676 | 1,685 | 1,571 | 958


Question: What is the change in Gross profit from 2019 to 2018?
Answer: 27157
Calculation: 237,496-210,339
The following table sets forth the aggregate fees by categories specified below in connection with certain professional services rendered by Ernst & Young, our principal external auditors, for the years indicated.
(1) Audit fees consist of fees associated with the annual audit, review of our quarterly financial statements, statutory audits and internal control review. They also include fees billed for those services that are normally provided by the independent accountants in connection with statutory and regulatory filings.
(2) Audit-related fees consist of fees billed for assurance and services related to the performance of the audit or review of our financial statements but not described in footnote (1) above. These services include certification of our Singapore Branch to Singapore authorities and application for corporation registration.
(3) Tax fees include fees billed for professional services rendered by Ernst & Young, primarily in connection with our tax compliance activities.
All audit and non-audit services performed by Ernst & Young were pre-approved by our audit committee. In certain circumstances, the audit committee delegates to one designated member to pre-approve such audit and non-audit services. Pre-approval by a designated member should be reported to the audit committee at its upcoming meeting.
Table:
 |  | Years ended December 31, | 
 | 2018 | 2019 | 
 | NT$ | NT$ | US$
 |  | (in thousands) | 
Audit Fees (1) | 52,794 | 62,040 | 2,074
Audit-related Fees (2) | 1,283 | 1,095 | 37
Tax Fees (3) | 4,304 | 3,943 | 132
Total | 58,381 | 67,078 | 2,243


Question: What constitutes Audit fee?
Answer: Audit fees consist of fees associated with the annual audit, review of our quarterly financial statements, statutory audits and internal control review. They also include fees billed for those services that are normally provided by the independent accountants in connection with statutory and regulatory filings.
entergy mississippi , inc . management 2019s financial discussion and analysis results of operations net income 2017 compared to 2016 net income increased $ 0.8 million primarily due to higher other income , lower other operation and maintenance expenses , and lower interest expense , substantially offset by higher depreciation and amortization expenses and a higher effective income tax rate . 2016 compared to 2015 net income increased $ 16.5 million primarily due to lower other operation and maintenance expenses , higher net revenues , and a lower effective income tax rate , partially offset by higher depreciation and amortization expenses . 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 credits . following is an analysis of the change in net revenue comparing 2017 to 2016 . amount ( in millions ) .

Table:
 | amount ( in millions )
2016 net revenue | $ 705.4
volume/weather | -18.2 ( 18.2 )
retail electric price | 13.5
other | 2.4
2017 net revenue | $ 703.1
the volume/weather variance is primarily due to the effect of less favorable weather on residential and commercial sales .
the retail electric price variance is primarily due to a $ 19.4 million net annual increase in rates , effective with the first billing cycle of july 2016 , and an increase in the energy efficiency rider , effective with the first billing cycle of february 2017 , each as approved by the mpsc .
the increase was partially offset by decreased storm damage rider revenues due to resetting the storm damage provision to zero beginning with the november 2016 billing cycle .
entergy mississippi resumed billing the storm damage rider effective with the september 2017 billing cycle .
see note 2 to the financial statements for more discussion of the formula rate plan and the storm damage rider. .

Question: what percent did net revenue decrease between 2016 and 2017?
Answer: .33%
Calculation: divide(705.4, 703.1), subtract(#0, const_1)
(1) Mr. Clark did not receive a FY19 EAIP payout.
(2) Pursuant to the terms of Mr. Noviello’s Transition Services Agreement dated January 31, 2019 (the ‘‘Transition Services Agreement’’), Mr. Noviello received 75% of his target FY19 EAIP amount under the Company’s Executive Severance Plan because it was greater than the amount that he would have earned under the FY19 EAIP irrespective of individual performance.
(3) Ms. Cappellanti-Wolf and Messrs. Kapuria and Taylor each earned an individual performance factor of 100%. In determining the appropriate individual performance factor for each of these executives, the Compensation Committee, with recommendation of the CEO, considered leadership, contributions to NortonLifeLock’s achievement of its goals, and strategic planning among other factors.
(4) The Compensation Committee did not exercise its discretion to reduce any payouts.
Table:
 | FY19 EAIP NEO Payout Amounts |  |  |  | 
NEO | Base Salary | Annual Incentive Target (%) | Company Performance Funding (%) | Individual Performance Factor (%) | Individual Payout Amount ($)(4)
Gregory S. Clark(1) | 1,000,000 | 150 | n/a | n/a | 0
Nicholas R. Noviello(2) | 650,000 | 100 | n/a | n/a | 487,500
Amy L. Cappellanti-Wolf(3) | 440,000 | 70 | 35.6 | 100 | 109,648
Samir Kapuria(3) | 450,000 | 100 | 35.6 | 100 | 152,172
Scott C. Taylor(3) | 600,000 | 100 | 35.6 | 100 | 213,600


Question: What is the NEOs' average salary?
Answer: 628000
Calculation: (1,000,000+650,000+440,000+450,000+600,000)/5
5. PROPERTY AND EQUIPMENT, NET
Property and equipment, at cost, consisted of the following at December 31, 2019 and 2018 (in thousands):
Depreciation expense related to property and equipment was approximately $0.04 million and $0.13 million in 2019 and 2018, respectively. Depreciation expense includes depreciation related to finance leases of approximately $0.001 million and $0.002 million for the periods ended December 31, 2019 and 2018, respectively. Our finance leases have original terms of one to three years. The principal payments for these finance leases are reflected as cash outflows from financing activities in the accompanying consolidated statements of cash flows. Future minimum lease payments under our capital leases that have initial terms in excess of one year are included in “Leases” in Note 8.     Depreciation expense related to property and equipment was approximately $0.04 million and $0.13 million in 2019 and 2018, respectively. Depreciation expense includes depreciation related to finance leases of approximately $0.001 million and $0.002 million for the periods ended December 31, 2019 and 2018, respectively. Our finance leases have original terms of one to three years. The principal payments
In connection with the relocation of our corporate headquarters in July 2019, we disposed of a number of assets that were no longer in use. For each of the years ended December 31, 2019 and 2018, we recorded a loss on disposal of fixed assets of approximately $0.01 million.  In connection with the relocation of our corporate headquarters in July 2019, we disposed of a number of assets that were no longer in use. For each of the years ended December 31, 2019 and 2018, we recorded a loss on disposal of fixed assets of approximately $0.01 million.
In connection with the closure of our Lake Mary facility in 2018, we reclassified equipment with a net book value of approximately $0.07 million to assets held for sale. We contracted with a third party for the consignment sale of these assets and completed sales for several assets in 2018 and 2019. For the year ended December 31, 2019, we recognized a net loss of approximately $0.04 million on the sale and/or impairment of assets held for sale. For the year ended December 31, 2018, we recognized a gain of approximately $0.01 million on assets held for sale. The gains and losses on the sale or impairment of held for sale assets is included in selling, general and administrative expenses in the accompanying statements of comprehensive loss.
Table:
 | 2019 | 2018
Equipment and software, including equipment purchased under capital leases of $6 and $17 at December 31, 2019 and 2018, respectively | $260 | $1,555
Leasehold improvements | 33 | 786
Furniture and fixtures | 43 | 182
 | 336 | 2,523
Less accumulated depreciation, including accumulated depreciation for equipment purchased under capital leases of $3 and $13 at December 31, 2019 and 2018, respectively | (266) | (2,394)
 | $70 | $129


Question: What is the content of Note 5?
Answer: PROPERTY AND EQUIPMENT, NET
IFRS cash flow
The key drivers of the decrease in cash and cash equivalents of £35.8 million in the year are discussed below.
Cash flows from operating activities of £11.1 million were £91.5 million lower than 2018, largely due to the reduction in underlying earnings of £65.9 million (see income statement section) and the early settlement of interest rate swaps of £52.4 million, partially offset by improvements in working capital of £32.2 million.
Cash flows from investing activities mainly reflected cash inflows related to the part disposal of intu Derby of £96.7 million and other sundry disposals of £75.3 million, partially offset by capital expenditure during the year of £127.7 million.
Cash flows from financing activities primarily reflected net borrowings repaid in the year (see debt activity section on page 36).
Table:
m | 2019 | 2018
Cash flows from: |  | 
operating activities | 11.1 | 102.6
investing activities | 75.5 | (0.4)
financing activities | (122.4) | (90.8)
Net change in cash and cash equivalents | (35.8) | 11.4


Question: What is the percentage change in the cash flows from financing activities from 2018 to 2019?
Answer: 34.8
Calculation: ((122.4-90.8)/90.8) * 100
performance graph the table below compares the cumulative total shareholder return on our common stock with the cumulative total return of ( i ) the standard & poor's 500 composite stock index ( "s&p 500 index" ) , ( ii ) the standard & poor's industrials index ( "s&p industrials index" ) and ( iii ) the standard & poor's consumer durables & apparel index ( "s&p consumer durables & apparel index" ) , from december 31 , 2012 through december 31 , 2017 , when the closing price of our common stock was $ 43.94 . the graph assumes investments of $ 100 on december 31 , 2012 in our common stock and in each of the three indices and the reinvestment of dividends . the table below sets forth the value , as of december 31 for each of the years indicated , of a $ 100 investment made on december 31 , 2012 in each of our common stock , the s&p 500 index , the s&p industrials index and the s&p consumer durables & apparel index and includes the reinvestment of dividends. .

Table:
 | 2013 | 2014 | 2015 | 2016 | 2017
masco | $ 138.48 | $ 155.26 | $ 200.79 | $ 227.08 | $ 318.46
s&p 500 index | $ 132.04 | $ 149.89 | $ 151.94 | $ 169.82 | $ 206.49
s&p industrials index | $ 140.18 | $ 153.73 | $ 149.83 | $ 177.65 | $ 214.55
s&p consumer durables & apparel index | $ 135.84 | $ 148.31 | $ 147.23 | $ 138.82 | $ 164.39
$ 50.00 $ 100.00 $ 150.00 $ 200.00 $ 250.00 $ 300.00 $ 350.00 masco s&p 500 index s&p industrials index s&p consumer durables & apparel index .

Question: what was the percentage cumulative total shareholder return on masco common stock for the five year period ended 2017?
Answer: 218.46%
Calculation: subtract(318.46, const_100), divide(#0, const_100)
In 2019 and 2018, we had pre-tax losses of $19,573 and $25,403 respectively, which are available for carry forward to offset future taxable income. We made determinations to provide full valuation allowances for our net deferred tax assets at the end of 2019 and 2018, including NOL carryforwards generated during the years, based on our evaluation of positive and negative evidence, including our history of operating losses and the uncertainty of generating future taxable income that would enable us to realize our deferred tax assets.
Deferred tax assets (liabilities) consist of the following:
In assessing the realization of deferred tax assets, management considers whether it is more likely than not that a portion of the net deferred assets will not be realized. The ultimate realization of the net deferred tax assets is dependent upon the generation of future taxable income during the periods in which those temporary differences become deductible. Based on the available objective evidence, management believes it is more likely than not that the net deferred tax assets at December 31, 2019 will not be realizable. Accordingly, management has maintained a full valuation allowance against its net deferred tax assets at December 31, 2019. The net change in the total valuation allowance for the 12 months ended December 31, 2019 was an increase of $1,816.
Table:
 | As of | As of
 | December 31, 2019 | December 31, 2018
Deferred tax assets: |  | 
Reserves and accruals | $62 | $45
Research and development credits and other credits | 1,730 | 1,635
Net operating loss carry forward | 27,907 | 25,733
Stock based compensation | 8,402 | 8,857
Other | 11 | 26
Total deferred tax assets | 38,112 | 36,296
Valuation allowance | (38,112) | (36,296)
Deferred tax assets after valuation allowance | — | —
Total deferred tax liability | — | —
Net deferred tax assets (liabilities) | $— | $—


Question: What is the change in Reserves and accruals between 2018 and 2019?
Answer: 17
Calculation: 62 - 45