hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
NAVIOS MARITIME HOLDINGS INC. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Expressed in thousands of U.S. dollars — except share data)
NOTE 10: ACCRUED EXPENSES AND OTHER LIABILITIES
Accrued expenses and other liabilities as of December 31, 2019 and 2018 consisted of the following:
Table:
 | December 31, 2019 | December 31, 2018
Payroll | $6,701 | $15,264
Accrued interest | 35,926 | 40,903
Accrued voyage expenses | — | 3,643
Accrued running costs | — | 42,212
Provision for estimated losses on vessels under time charter | — | 1,604
Audit fees and related services | 234 | 292
Accrued taxes | 8,002 | 6,268
Professional fees | 317 | 1,251
Other accrued expenses | — | 12,215
Total accrued expenses | $51,180 | $123,652


Question: Which years does the table provide information for Accrued expenses and other liabilities?
Answer: 2019, 2018
Restructuring Expenses: restructuring expenses resulted from the execution of management approved restructuring plans that were generally developed to improve our cost structure and/or operations, often in conjunction with our acquisition integration strategies. restructuring expenses consist of employee severance costs and may also include charges for duplicate facilities and other contract termination costs to improve our cost structure prospectively. For additional information regarding our restructuring plans, see Note 8 of Notes to Consolidated Financial Statements included elsewhere in this Annual report.
Restructuring expenses in fiscal 2019 primarily related to our 2019 restructuring Plan. restructuring expenses in fiscal 2018 primarily related to our 2017 restructuring Plan, which is substantially complete. Our management approved, committed to and initiated these plans in order to restructure and further improve efficiencies in our operations. In the fourth quarter of fiscal 2019, our management supplemented the 2019 restructuring Plan to reflect additional actions that we expect to take. The total estimated restructuring costs associated with the 2019 restructuring Plan are up to $584 million, of which approximately $108 million remained as of May 31, 2019, and will be recorded to the restructuring expense line item within our consolidated statements of operations as the costs are incurred through an expected end date during fiscal 2020. Our estimated costs are subject to change in future periods. We may incur additional restructuring expenses in future periods due to the initiation of new restructuring plans or from changes in estimated costs associated with existing restructuring plans .
Table:
 |  |  | Year Ended May 31, | 
 |  |  | Percent Change | 
(Dollars in millions) | 2019 | Actual | Constant | 2018
restructuring expenses | $443 | -25% | -22% | $588


Question: What was the total amount spent on restructuring expenses across 2018 and 2019?
Answer: 1031
Calculation: 443 + 588
The following table represents the restricted stock units and SARS stock-based compensation information for the periods indicated (in thousands):
(1) Classified as income tax expense within the Consolidated Statements of Operations.
Table:
 |  | Fiscal Year Ended August 31, | 
 | 2019 | 2018 | 2017
Intrinsic value of SARS exercised | $335 | $909 | $5,053
Fair value of restricted stock units vested | $49,725 | $62,592 | $44,010
Tax benefit for stock compensation expense(1) | $611 | $1,122 | $560
Unrecognized stock-based compensation expense — restricted stock units | $41,778 |  | 
Remaining weighted-average period for restricted stock units expense | 1.3years |  | 


Question: What was the Tax benefit for stock compensation expense classified as within the Consolidated Statements of Operations?
Answer: income tax expense
performance graph the following graph is a comparison of the five-year cumulative return of our common shares , the standard & poor 2019s 500 index ( the 201cs&p 500 index 201d ) and the national association of real estate investment trusts 2019 ( 201cnareit 201d ) all equity index , a peer group index . the graph assumes that $ 100 was invested on december 31 , 2009 in our common shares , the s&p 500 index and the nareit all equity index and that all dividends were reinvested without the payment of any commissions . there can be no assurance that the performance of our shares will continue in line with the same or similar trends depicted in the graph below. .

Table:
 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014
vornado realty trust | $ 100 | $ 123 | $ 118 | $ 128 | $ 147 | $ 201
s&p 500 index | 100 | 115 | 117 | 136 | 180 | 205
the nareit all equity index | 100 | 128 | 139 | 166 | 171 | 218
.

Question: what was the five year change in the s&p 500 index?
Answer: 105
Calculation: subtract(205, 100)
Information on the reportable segment net revenues and segment operating income are presented below (amounts in millions):
(1) Intersegment revenues reflect licensing and service fees charged between segments.
Table:
 |  | Year Ended December 31, 2019 |  | 
 | Activision | Blizzard | King | Total
Segment Revenues |  |  |  | 
Net revenues from external customers | $2,219 | $1,676 | $2,031 | $5,926
Intersegment net revenues (1) | — | 43 | — | 43
Segment net revenues | $2,219 | $1,719 | $2,031 | $5,969
Segment operating income | $850 | $464 | $740 | $2,054
 |  | Year Ended December 31, 2018 |  | 
 | Activision | Blizzard | King | Total
Segment Revenues |  |  |  | 
Net revenues from external customers | $2,458 | $2,238 | $2,086 | $6,782
Intersegment net revenues (1) | — | 53 | — | 53
Segment net revenues | $2,458 | $2,291 | $2,086 | $6,835
Segment operating income | $1,011 | $685 | $750 | $2,446
 |  | Year Ended December 31, 2017 |  | 
 | Activision | Blizzard | King | Total
Segment Revenues |  |  |  | 
Net revenues from external customers | $2,628 | $2,120 | $1,998 | $6,746
Intersegment net revenues (1) | — | 19 | — | 19
Segment net revenues | $2,628 | $2,139 | $1,998 | $6,765
Segment operating income | $1,005 | $712 | $700 | $2,417


Question: What was the segment operating income of Blizzard in 2019?
Answer: $464
AMERICAN TOWER CORPORATION AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Tabular amounts in millions, unless otherwise disclosed)
6. NOTES RECEIVABLE AND OTHER NON-CURRENT ASSETS
Notes receivable and other non-current assets consisted of the following:
The reduction in Long-term prepaid ground rent is a result of the reclassification of assets to the Right-of-use asset in connection with the Company’s adoption of the new lease accounting standard.
Table:
 | As of | 
 | December 31, 2019 | December 31, 2018
Long-term prepaid ground rent | $— | $607.5
Notes receivable | 1.1 | 1.0
Other miscellaneous assets | 405.3 | 354.1
Notes receivable and other non-current assets | $406.4 | $962.6


Question: What was the long-term prepaid ground rent in 2018?
Answer: $607.5
13. EARNINGS (LOSS) PER SHARE
Basic earnings per share (“EPS”) are computed by dividing net income (loss) by the weighted-average number of common shares outstanding for the period. Diluted EPS is computed by dividing net income by the weighted-average number of common shares and dilutive common stock equivalents outstanding during the period.
On March 29, 2019, the Company launched an ATM program of our common shares for up to $40.0 million. The Company has issued 5,260,968 shares with net proceeds of $17.9 million under its At-the-Market as of December 31, 2019. The Company has not issued any shares subsequent to the balance sheet date.
The remaining available proceeds through the offering is $21.4 million as of the date of this report. Based on the share price of the Company of $3.47 per share as of April 3, 2020 it would have resulted in 6,173,500 new shares being issued, if fully utilizing the remaining balance available through the ATM.
Table:
All figures in USD except number of shares and earnings (loss) per common share | 2019 | 2018 | 2017
Numerator:       |  |  | 
Net Loss   | (10,352) | (95,306) | (204,969)
Denominator:             |  |  | 
Basic - Weighted Average Common Shares Outstanding   | 142,571,361 | 141,969,666 | 103,832,680
Dilutive – Weighted Average Common Shares Outstanding   | 142,571,361 | 141,969,666 | 103,832,680
Loss per Common Share:             |  |  | 
Basic   | (0.07) | (0.67) | (1.97)
Diluted   | (0.07) | (0.67) | (1.97)


Question: What is the average net loss in 2017 and 2018?
Answer: 150137.5
Calculation: (204,969 + 95,306)/2
Relative importance of spend on pay
The following table shows, for FY19 and FY18, the actual expenditure and percentage change in total employee costs and percentage change in distributions to shareholders.
1 Represents dividends paid in each financial year
2 Total employee expenditure includes wages and salaries, social security costs, pension and other costs and share-based payments, see note 10 of the Financial Statements
Table:
 | FY19 | FY18 | Change
 | $M | $M | %
Shareholder distributions – dividends1 | 23.9 | 21.8 | 10%
Total employee expenditure2 | 370.1 | 361.9 | 2%


Question: What does total employee expenditure in the table include?
Answer: wages and salaries, social security costs, pension and other costs and share-based payments, see note 10 of the Financial Statements
General and Administrative
General and administrative expenses increased $71.5 million, or 66.5%, for the year ended December 31, 2019 compared to the same period in 2018, due to an increase of $28.7 million in employee-related costs ($12.2 million of which related to stock-based compensation and related payroll taxes), a $14.9 million increase in finance costs, which include an estimated net liability for non-recurring HST payable to the Government of Canada in the amount of $8.1 million related to 2019 and prior years, sales and use and other value added taxes, insurance, and bank fees, a $9.0 million increase in Shopify Payments losses driven by increased GMV processed through Shopify Payments, a $8.6 million increase in losses and insurance related to Shopify Capital driven by an expansion of our Capital offerings and programs, a $6.9 million increase in professional services fees for legal and tax services, including those related to our international expansion and the growth of our business, a $1.8 million increase in computer and software costs, and a $1.6 million increase in general bad debt expense. General and administrative expenses increased $71.5 million, or 66.5%, for the year ended December 31, 2019 compared to the same period in 2018, due to an increase of $28.7 million in employee-related costs ($12.2 million of which related to stock-based compensation and related payroll taxes), a $14.9 million increase in finance costs, which include an estimated net liability for non-recurring HST payable to the Government of Canada in the amount of $8.1 million related to 2019 and prior years, sales and use and other value added taxes, insurance, and bank fees, a $9.0 million increase in Shopify Payments losses driven by increased GMV processed through Shopify Payments, a $8.6 million increase in losses and insurance related to Shopify Capital driven by an expansion of our Capital offerings and programs, a $6.9 million increase in professional services fees for legal and tax services, including those related to our international expansion and the growth of our business, a $1.8 million increase in computer and software costs, and a $1.6 million increase in general bad debt expense.
General and administrative expenses increased $39.7 million, or 58.7%, for the year ended December 31, 2018 compared to the same period in 2017, due to an increase of $30.3 million in employee-related costs, a $4.5 million increase in professional services fees for legal and tax services, a $4.0 million increase in finance costs, which includes insurance, sales and use and other value added taxes, and a $1.7 million increase in computer and software costs.
Table:
 | Years ended December 31, |  |  | 2019 vs 2018 | 2018 vs 2017
 | 2019 | 2018 | 2017 | % Change | % Change
 | (in thousands, except percentages) |  |  |  | 
General and administrative | $ 178,934 | $ 107,444 | $ 67,719 | 66.5 % | 58.7 %
Percentage of total revenues | 11.3 % | 10.0 % | 10.1 % |  | 


Question: What is the general and administrative expenses for year ended 2019 ?
Answer: $ 178,934
B. Remuneration to other directors:
* Relinquished the position of Independent Director w.e.f. July 10, 2018.
** Relinquished the position of Independent Director w.e.f. September 28, 2018.
*** Appointed as Additional and Independent Director w.e.f. December 18, 2018.
**** Appointed as an Additional and Independent Director w.e.f. January 10, 2019.
@ As a policy, N Chandrasekaran, Chairman, has abstained from receiving commission from the Company.
@@ In line with the internal guidelines of the Company, no payment is made towards commission to the Non-Executive Directors of the Company, who are in full time employment with any other Tata company.
Table:
 |  |  |  | (` lakh)
Particulars of Remuneration | Sitting Fees for attending board/ committee meetings | Commission | Others, please specify | Total Amount
1. Independent Directors |  |  |  | 
Aman Mehta | 4.80 | 315.00 | - | 319.80
V Thyagarajan* | 3.00 | 100.00 | - | 103.00
Prof Clayton M Christensen** | 0.30 | 75.00 | - | 75.30
Dr Ron Sommer | 5.10 | 220.00 | - | 225.10
O P Bhatt | 7.50 | 215.00 | - | 222.50
Dr Pradeep Kumar Khosla | 2.10 | 150.00 | - | 152.10
Hanne Sorensen*** | 0.60 | 50.00 | - | 50.60
Keki Mistry*** | 0.60 | 50.00 | - | 50.60
Don Callahan**** | 0.30 | 35.00 | - | 35.30
Total (1) | 24.30 | 1,210.00 | - | 1,234.30
2. Other Non-Executive Directors |  |  |  | 
N Chandrasekaran@ | 3.60 | - | - | 3.60
Aarthi Subramanian@@ | 5.70 | - | - | 5.70
Total (2) | 9.30 | - | - | 9.30
Total (B)=(1+2) | 33.60 | 1,210.00 | - | 1,243.60
Total Managerial Remuneration |  |  |  | 
Ceiling as per the Act (@1% of profits calculated under Section 198 of the Companies Act, 2013) |  | 40,434.81 |  | 


Question: What is the amount of total Sitting Fees as a percentage of Total Managerial Remuneration?
Answer: 2.7
Calculation: (33.60/1,243.60 ) * 100
29. Share-based payments continued
The number of options outstanding and exercisable as at 31 March was as follows:
The weighted average market value per ordinary share for DABP options exercised in 2019 was 438.1p (2018: n/a). The DABP awards outstanding at 31 March 2018 have a weighted average remaining vesting period of 0.8 years (2018: 1.2 years) and a weighted average contractual life of 8.8 years (2018: 9.2 years). The charge for the year includes an estimate of the awards to be granted after the balance sheet date in respect of achievement of 2019 targets.
Table:
 | 2019 | 2018
 | Number | Number
Outstanding at 1 April | 303,880 | 248,263
Options granted in the year | 71,552 | 127,691
Dividend shares awarded | 3,343 | 1,306
Options forfeited in the year | – | (73,380)
Options exercised in the year | (229,378) | –
Outstanding at 31 March | 149,397 | 303,880
Exercisable at 31 March | – | 74,686


Question: What does the charge for the year include?
Answer: an estimate of the awards to be granted after the balance sheet date in respect of achievement of 2019 targets.
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: What is the total net deferred taxes for assets and liabilities from 2018 to 2019?
Answer: 2942.3
Calculation: 325.0+1,637.1+257.7+722.5
The following table summarizes the potentially dilutive common shares that were excluded from diluted weighted-average common shares outstanding because including them would have had an anti-dilutive effect (in thousands):
Since the Company expects to settle the principal amount of its outstanding convertible senior notes in cash and any excess in cash or shares of the Company’s Class A Common Stock, the Company uses the treasury stock method for calculating any potential dilutive effect of the conversion spread on diluted net income per share, if applicable. The conversion spread will have a dilutive impact on diluted net income per share of common stock when the average market price of the Company’s Class A Common Stock for a given period exceeds the conversion price of $81.45 per share for the Notes.
Table:
 |  | Year Ended December 31, | 
 | 2019 | 2018 | 2017
Shares of common stock issuable under equity incentive plans outstanding | 6,832 | 8,943 | 10,806
Convertible senior notes | 1,905 | 79 | -
Potential common shares excluded from diluted net loss per share | 8,737 | 9,022 | 10,806


Question: What are the respective number of convertible senior notes in 2018 and 2019?
Answer: 79, 1,905
The following table presents each NEO’s base salary for FY19.
(1) Mr. Kapuria was named an executive officer during FY19 and received a salary increase in connection with his promotion. His salary increased from $390,000 to $440,000 effective May 8, 2018.
As presented in the table above, our named executive officers did not receive an increase in annual base salary other than in connection with a promotion for Mr. Kapuria. Our former CEO determined that none of our other NEOs would receive a base salary increase for FY19. In addition, our Board also determined that Mr. Clark would not receive a salary increase in FY19.
Table:
 | FY18 | Change in | FY19
NEO | Annual Salary ($) | Salary (%) | Annual Salary
Gregory S. Clark | 1,000,000 | — | 1,000,000
Nicholas R. Noviello | 650,000 | — | 650,000
Amy L. Cappellanti-Wolf | 440,000 | — | 440,000
Samir Kapuria(1) | 390,000(1) | 60,000(1) | 450,000
Scott C. Taylor | 600,000 | — | 600,000


Question: What is the total FY19 NEOs' annual salary?
Answer: 3140000
Calculation: 1,000,000+650,000+440,000+450,000+600,000
ITEM 6. SELECTED FINANCIAL DATA
In December 2016, we acquired the 67% remaining interest in Inotera and began consolidating Inotera's operating results. In the periods presented above through December 2016, Inotera sold DRAM products exclusively to us through supply agreements. The cash paid for the Inotera Acquisition was funded, in part, with a term loan of 80 billion New Taiwan dollars and $986 million from the sale of 58 million shares of our common stock. See "Item 8. Financial Statements and Supplementary Data – Notes to Consolidated Financial Statements – Acquisition of Inotera."
Table:
 | 2019 | 2018 | 2017 | 2016 | 2015
 |  |  | (in millions, except per share amounts) |  | 
Revenue | $23,406 | $30,391 | $20,322 | $12,399 | $16,192
Gross margin | 10,702 | 17,891 | 8,436 | 2,505 | 5,215
Operating income | 7,376 | 14,994 | 5,868 | 168 | 2,998
Net income (loss) | 6,358 | 14,138 | 5,090 | (275) | 2,899
Net income (loss) attributable to Micron | 6,313 | 14,135 | 5,089 | (276) | 2,899
Diluted earnings (loss) per share | 5.51 | 11.51 | 4.41 | (0.27) | 2.47
Cash and short-term investments | 7,955 | 6,802 | 5,428 | 4,398 | 3,521
Total current assets | 16,503 | 16,039 | 12,457 | 9,495 | 8,596
Property, plant, and equipment | 28,240 | 23,672 | 19,431 | 14,686 | 10,554
Total assets | 48,887 | 43,376 | 35,336 | 27,540 | 24,143
Total current liabilities | 6,390 | 5,754 | 5,334 | 4,835 | 3,905
Long-term debt | 4,541 | 3,777 | 9,872 | 9,154 | 6,252
Total Micron shareholders' equity | 35,881 | 32,294 | 18,621 | 12,080 | 12,302
Noncontrolling interests in subsidiaries | 889 | 870 | 849 | 848 | 937
Total equity | 36,770 | 33,164 | 19,470 | 12,928 | 13,239


Question: How was the cash for the Inotera Acquisition raised besides the sale of Micron common stock?
Answer: term loan of 80 billion New Taiwan dollars
17. Personnel expenses
Personnel expenses can be broken down as follows:
Wages and salaries include expenses relating to restructuring measures and severance payments of €23 million (2017/18: €19 million). The variable remuneration rose from €52 million in financial year 2017/18 to €81 million in financial year 2018/19. Wages and salaries also include expenses for long-term remuneration components totalling €7 million (2017/18: €16 million).
Table:
€ million | 2017/2018 | 2018/2019
Wages and salaries | 2,173 | 2,264
Social security expenses, expenses for post-employment benefits and related employee benefits | 552 | 552
thereof for post-employment benefits | (43) | (41)
 | 2,725 | 2,816


Question: What was the change in personnel expenses in 2018/2019 from 2017/2018?
Answer: 91
Calculation: 2,816-2,725