hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
9. DEBT AND OTHER FINANCING ARRANGEMENTS
2021 Senior Convertible Notes
In 2017, the Company issued $300.0 million principal amount of 5.75% senior convertible notes (the “2021 Notes”) for a purchase price equal to 98% of the principal amount. The Company received net proceeds of $284.9 million, net of a discount of $6.0 million and issuance costs of $9.1 million. The debt discount is being accreted to interest expense over the term of the 2021 Notes using the interest method. The issuance costs were deferred and are being amortized to interest expense over the same term.
The 2021 Notes are governed by an Indenture, dated December 8, 2017 between the Company and US Bank National Association, as trustee (the “2017 Indenture”). The 2021 Notes mature on July 1, 2021, unless earlier repurchased or converted. Interest is payable semi-annually in arrears on January 1 and July 1, commencing January 1, 2018.
The 2021 Notes are convertible at an initial conversion rate of 23.8095 shares of the Company’s common stock per $1,000 principal amount of the 2021 Notes, which represents an initial conversion price of $42.00 per share, subject to adjustment for anti-dilutive issuances, voluntary increases in the conversion rate, and make-whole adjustments upon a fundamental change. A fundamental change includes a change in control, delisting of the Company’s common stock, and a liquidation of the Company. Upon conversion, the Company will deliver the applicable number of the Company’s common stock and cash in lieu of any fractional shares. Holders of the 2021 Notes may convert their 2021 Notes at any time prior to the close of business on the scheduled trading day immediately preceding the maturity date.
The holders of the 2021 Notes may require the Company to repurchase all or a portion of their 2021 Notes at a cash repurchase price equal to 100% of the principal amount of the 2021 Notes being repurchased, plus the remaining scheduled interest through and including the maturity date, upon a fundamental change and events of default, including non-payment of interest or principal and other obligations under the 2017 Indenture.
The net carrying amounts of the liability components of the 2021 Notes consist of the following (in thousands):
The effective interest rate of the liability component is 6.4% for the 2021 Notes.
Table:
 | December 31, 2019 | December 31, 2018
Principal amount | $300,000 | $300,000
Unamortized debt discount | (2,691) | (4,348)
Net carrying amount before unamortized debt issuance costs | 297,309 | 295,652
Unamortized debt issuance costs | (4,135) | (6,685)
Net carrying value | $293,174 | $288,967


Question: What is the percentage change in net carrying amount before unamortized debt issuance costs between 2018 and 2019?
Answer: 0.56
Calculation: ((297,309-295,652)/295,652) * 100
notes to consolidated financial statements ( continued ) note 7 2014income taxes ( continued ) as of september 30 , 2006 , the company has state and foreign tax loss and state credit carryforwards , the tax effect of which is $ 55 million . certain of those carryforwards , the tax effect of which is $ 12 million , expire between 2016 and 2019 . a portion of these carryforwards was acquired from the company 2019s previous acquisitions , the utilization of which is subject to certain limitations imposed by the internal revenue code . the remaining benefits from tax losses and credits do not expire . as of september 30 , 2006 and september 24 , 2005 , a valuation allowance of $ 5 million was recorded against the deferred tax asset for the benefits of state operating losses that may not be realized . management believes it is more likely than not that forecasted income , including income that may be generated as a result of certain tax planning strategies , together with the tax effects of the deferred tax liabilities , will be sufficient to fully recover the remaining deferred tax assets . a reconciliation of the provision for income taxes , with the amount computed by applying the statutory federal income tax rate ( 35% ( 35 % ) in 2006 , 2005 , and 2004 ) to income before provision for income taxes , is as follows ( in millions ) : 2006 2005 2004 as restated ( 1 ) as restated ( 1 ) .

Table:
 | 2006 | 2005 as restated ( 1 ) | 2004 as restated ( 1 )
computed expected tax | $ 987 | $ 633 | $ 129
state taxes net of federal effect | 86 | -19 ( 19 ) | -5 ( 5 )
indefinitely invested earnings of foreign subsidiaries | -224 ( 224 ) | -98 ( 98 ) | -31 ( 31 )
nondeductible executive compensation | 11 | 14 | 12
research and development credit net | -12 ( 12 ) | -26 ( 26 ) | -5 ( 5 )
other items | -19 ( 19 ) | -24 ( 24 ) | 4
provision for income taxes | $ 829 | $ 480 | $ 104
effective tax rate | 29% ( 29 % ) | 27% ( 27 % ) | 28% ( 28 % )
( 1 ) see note 2 , 201crestatement of consolidated financial statements . 201d the company 2019s income taxes payable has been reduced by the tax benefits from employee stock options .
the company receives an income tax benefit calculated as the difference between the fair market value of the stock issued at the time of the exercise and the option price , tax effected .
the net tax benefits from employee stock option transactions were $ 419 million , $ 428 million ( as restated ( 1 ) ) , and $ 83 million ( as restated ( 1 ) ) in 2006 , 2005 , and 2004 , respectively , and were reflected as an increase to common stock in the consolidated statements of shareholders 2019 equity. .

Question: what was the greatest provision for income taxes , in millions?
Answer: 829
Calculation: table_max(provision for income taxes, none)
A. Selected Financial Data
The following selecte The following selected historical financial information should be read in conjunction with our audited financial statements and related notes, which are included herein, together with Item 5. Operating and Financial Review and Prospects. The Statements of Operations data for each of the three years ended December 31, 2019, 2018 and 2017 and selected Balance Sheet data as of December 31, 2019 and 2018 have been derived from our audited financial statements included elsewhere in this document. The Statements of Operations financial information for each of the years ended December 31, 2016 and 2015 and selected balance sheet information as of December 31, 2017, 2016 and 2015 have been derived from our audited financial statements not included in this Annual Report on Form 20-F.
Table:
SELECTED CONSOLIDATED FINANCIAL DATA Year ended December 31,  |  |  |  |  | 
All figures in thousands of USD except share data  | 2019 | 2018 | 2017 | 2016 | 2015
Voyage Revenues   | 317,220 | 289,016 | 297,141 | 357,451 | 445,738
Voyage Expenses   | (141,770) | (165,012) | (142,465) | (125,987) | (158,656)
Vessel Operating Expense   | (66,033) | (80,411) | (87,663) | (80,266) | (66,589)
General and Administrative Expenses   | (13,481) | (12,727) | (12,575) | (12,296) | (9,790)
Depreciation Expenses   | (63,965) | (60,695) | (100,669) | (90,889) | (82,610)
Impairment Loss on Vessel   | - | (2,168) | (110,480) | - | -
Impairment Loss on Goodwill   | - | - | (18,979) | - | -
Loss on Disposal of Vessels   | - | (6,619) | - | - | -
Settlement Received   | - | - | - | 5,328 | -
Net Operating (Loss) Income   | 31,971 | (38,616) | (175,690) | 53,341 | 128,093
Interest Income   | 298 | 334 | 347 | 215 | 114
Interest Expense   | (38,390) | (34,549) | (20,464) | (11,170) | (10,855)
Other Financial (Expense)   | (4,160) | (14,729) | (644) | (98) | (167)
Total Other Expenses   | (42,252) | (48,944) | (20,761) | (11,053) | (10,908)
Income Tax Expense   | (71) | (79) | (83) | (102) | (96)
(Loss) Gain on Equity Method Investment   | - | (7,667) | (8,435) | (46,642) | (2,462)
Net (Loss) Income   | (10,352) | (95,306) | (204,969) | (4,456) | 114,627
Basic Earnings (Loss) per Share   | (0.07) | (0.67) | (1.97) | (0.05) | 1.29
Diluted Earnings (Loss) per Share   | (0.07) | (0.67) | (1.97) | (0.05) | 1.29
Cash Dividends Declared per Share   | 0.10 | 0.07 | 0.53 | 1.37 | 1.38
Basic Weighted Average Shares Outstanding   | 142,571,361 | 141,969,666 | 103,832,680 | 92,531,001 | 89,182,001
Diluted Weighted Average Shares Outstanding   | 142,571,361 | 141,969,666 | 103,832,680 | 92,531,001 | 89,182,001
Market Price per Common Share as of December 31,   | 4.92 | 2.00 | 2.46 | 8.40 | 15.54


Question: What is the percentage change in the vessel operating expense between 2018 and 2019?
Answer: -17.88
Calculation: ((66,033 - 80,411)/80,411 ) * 100
performance graph the following graph and table compares the cumulative five-year total return provided to shareholders on our class a common stock relative to the cumulative total returns of the s&p 500 index and our customized peer group . the peer group includes cboe holdings , inc. , intercontinentalexchange group , inc . and nasdaq , inc . an investment of $ 100 ( with reinvestment of all dividends ) is assumed to have been made in our class a common stock , in the peer group and the s&p 500 index on december 31 , 2012 , and its relative performance is tracked through december 31 , 2017 . comparison of 5 year cumulative total return* among cme group inc. , the s&p 500 index , and a peer group 12/12 12/13 12/14 12/15 12/16 cme group inc . s&p 500 peer group * $ 100 invested on 12/31/12 in stock or index , including reinvestment of dividends . fiscal year ending december 31 . copyright a9 2018 standard & poor 2019s , a division of s&p global . all rights reserved . the stock price performance included in this graph is not necessarily indicative of future stock price performance. .

Table:
 | 2013 | 2014 | 2015 | 2016 | 2017
cme group inc . | $ 164.01 | $ 194.06 | $ 208.95 | $ 279.85 | $ 370.32
s&p 500 | 132.39 | 150.51 | 152.59 | 170.84 | 208.14
peer group | 176.61 | 187.48 | 219.99 | 249.31 | 323.23
unregistered sales of equity securities during the past three years there have not been any unregistered sales by the company of equity securities. .

Question: in 2017 what was the ratio of the the cme group inc . stock perfomamce to the s&p
Answer: 1.8
Calculation: divide(370.32, 208.14)
American Tower Corporation • 2019 Annual Report
Appendix 1 • Letter to Stakeholders
RECONCILIATION OF ADJUSTED EBITDA TO NET INCOME ($ in millions. Totals may not add due to rounding.)
Table:
 | 2015 | 2016 | 2017 | 20181 | 2019
Net Income | $672 | $970 | $1,225 | $1,265 | $1,917
Income tax provision (benefit) | 158 | 156 | 31 | (110) | (0)
Other expense (income) | 135 | 48 | (31) | (24) | (18)
Loss (gain) on retirement of long-term obligations | 80 | (1) | 70 | 3 | 22
Interest expense | 596 | 717 | 750 | 826 | 814
Interest income | (17) | (26) | (35) | (55) | (47)
Other operating expenses | 67 | 73 | 256 | 513 | 166
Depreciation, amortization and accretion | 1,285 | 1,526 | 1,716 | 2,111 | 1,778
Stock-based compensation expense | 91 | 90 | 109 | 138 | 111
ADJUSTED EBITDA | $3,067 | $3,553 | $4,090 | $4,667 | $4,745
Divided by total revenue | $4,772 | $5,786 | $6,664 | $7,440 | $7,580
ADJUSTED EBITDA MARGIN | 64% | 61% | 61% | 63% | 63%


Question: What was the interest expense in 2019?
Answer: 814
Management Discussion and Analysis
Associates
"nm" denotes not meaningful.
Notes: (1) Based on Singapore Financial Reporting Standards (International).
(2) Assuming constant exchange rates for the regional currencies (Indian Rupee, Indonesian Rupiah, Philippine Peso and Thai Baht) from FY 2018.
(3) Share of results excluded the Group’s share of the associates’ significant one-off items which have been classified as exceptional items of the Group.
(4) Singtel holds an equity interest of 21.0% in Intouch which has an equity interest of 40.5% in AIS.
(5) Bharti Telecom Limited (BTL) holds an equity interest of 50.1% in Airtel as at 31 March 2019. In BTL’s standalone books, its loss comprised mainly interest charges on its borrowings.
(5) Bharti Telecom Limited (BTL) holds an equity interest of 50.1% in Airtel as at 31 March 2019. In BTL’s standalone books, its loss comprised mainly interest charges on its borrowings.
(6) Singtel ceased to own units in NetLink Trust following the sale to NetLink NBN Trust in July 2017 but continues to have an interest of 24.8% in NetLink NBN Trust, the holding company of NetLink Trust. The share of results included Singtel’s amortisation of deferred gain of S$20 million (FY 2018: S$32 million) on assets previously transferred to NetLink Trust, but excluded the fair value adjustments recorded by NetLink NBN Trust in respect of its acquisition of units in NetLink Trust.
(7) Include the share of results of Singapore Post Limited.
Table:
 | Financial Year ended 31 March |  |  | 
 | 2019 | 2018 | Change | Change in constant currency (2)
 | (S$ million) | (S$ million) | (%) | (%)
Group share of associates' pre-tax proﬁts (3) | 1,536 | 2,461 | -37.6 | -36.2
Share of post-tax proﬁts |  |  |  | 
Telkomsel | 843 | 1,031 | -18.3 | -12.4
AIS | 286 | 292 | -1.7 | -3.9
Globe (3) |  |  |  | 
- ordinary results | 251 | 180 | 39.3 | 45.3
- exceptional items | - | 22 | nm | nm
 | 251 | 202 | 23.9 | 29.1
Intouch (3) (4) |  |  |  | 
- operating results | 101 | 106 | -4.4 | -6.5
- amortisation of acquired intangibles | (22) | (21) | 8.3 | 5.9
 | 79 | 86 | -7.5 | -9.5
Airtel (3) | (131) | 101 | nm | nm
BTL (5) | (40) | (18) | 127.8 | 140.9
 | (171) | 83 | nm | nm
Regional associates (3) | 1,287 | 1,694 | -24.0 | -21.5
NetLink NBN Trust/ NetLink Trust (6) | 48 | 72 | -32.9 | -32.9
Other associates (3) (7) | 47 | 57 | -17.6 | -17.6
Group share of associates’ post-tax proﬁts (3) | 1,383 | 1,823 | -24.1 | -21.8


Question: What is the impact of tax on the group share of associates' profits in 2018, in terms of % change?
Answer: -25.92
Calculation: ((1,823 - 2,461)/2,461 ) * 100
vertex pharmaceuticals incorporated notes to consolidated financial statements ( continued ) f . marketable securities ( continued ) unrealized losses in the portfolio relate to various debt securities including u.s . government securities , u.s . government-sponsored enterprise securities , corporate debt securities and asset-backed securities . for these securities , the unrealized losses are primarily due to increases in interest rates . the investments held by the company are high investment grade and there were no adverse credit events . because the company has the ability and intent to hold these investments until a recovery of fair value , which may be maturity , the company does not consider these investments to be other-than-temporarily impaired as of december 31 , 2006 and 2005 . gross realized gains and losses for 2006 were $ 4000 and $ 88000 respectively . gross realized gains and losses for 2005 were $ 15000 and $ 75000 , respectively . gross realized gains and losses for 2004 were $ 628000 and $ 205000 , respectively . g . restricted cash at december 31 , 2006 and 2005 , the company held $ 30.3 million and $ 41.5 million respectively , in restricted cash . at december 31 , 2006 and 2005 the balance was held in deposit with certain banks predominantly to collateralize conditional stand-by letters of credit in the names of the company 2019s landlords pursuant to certain operating lease agreements . h . property and equipment property and equipment consist of the following at december 31 ( in thousands ) : depreciation and amortization expense for the years ended december 31 , 2006 , 2005 and 2004 was $ 25.4 million , $ 26.3 million and $ 28.4 million , respectively . in 2006 and 2005 , the company wrote off certain assets that were fully depreciated and no longer utilized . there was no effect on the company 2019s net property and equipment . additionally , the company wrote off or sold certain assets that were not fully depreciated . the net loss on disposal of those assets was $ 10000 for 2006 , $ 344000 for 2005 and $ 43000 for 2004 . i . altus investment altus pharmaceuticals , inc . ( 201caltus 201d ) completed an initial public offering in january 2006 . as of the completion of the offering , vertex owned 817749 shares of common stock and warrants to purchase 1962494 shares of common stock ( the 201caltus warrants 201d ) . in addition , the company , as of the completion .

Table:
 | 2006 | 2005
furniture and equipment | $ 97638 | $ 98387
leasehold improvements | 74875 | 66318
computers | 19733 | 18971
software | 21274 | 18683
total property and equipment gross | 213520 | 202359
less accumulated depreciation and amortization | 151985 | 147826
total property and equipment net | $ 61535 | $ 54533
furniture and equipment $ 97638 $ 98387 leasehold improvements 74875 66318 computers 19733 18971 software 21274 18683 total property and equipment , gross 213520 202359 less accumulated depreciation and amortization 151985 147826 total property and equipment , net $ 61535 $ 54533 .

Question: what was the ratio of the total property and equipment net in 2006 to 2005
Answer: 1.13
Calculation: divide(61535, 54533)
With the highest-performance networks and unmatched new services and content, Bell is building a better communications experience at home, in the workplace and on the go.
And customers are responding: In 2019, Bell welcomed the industry’s highest number of new subscribers across the growth services of retail Internet, IPTV and wireless and diligently managed the decline in traditional home phone and other legacy services.
The speed and quality of Canada’s Best National Mobile Network drove unparalleled gains in both postpaid and prepaid wireless, Internet growth accelerated with the fastest consumer home Internet service available, while Fibe TV and Alt TV are winning customers over with leading product and programing innovations.
(1) Excludes wholesale subscribers.
(2) Excludes business telephone services.
Table:
BCE retail subscribers |  |  | 
(millions) | 2019 | 2018 | Change
Wireless | 9.96 | 9.61 | +3.6%
High-speed Internet(1) | 3.56 | 3.41 | +4.3%
Television(1) | 2.77 | 2.77 | +0.2%
Total growth services, subscribers: retail Internet, IPTV and wireless | 16.29 | 15.79 | +3.2%
Local residential telephone services(1)(2) | 2.70 | 2.96 | (8.9%)
Total(2) | 18.98 | 18.75 | +1.3%


Question: Which year did Bell welcome the industry's highest number of new subscribers across the growth services of retail Internet, IPTV and wireless?
Answer: 2019
Change in Product Mix and Technology Migration
Because the price of wafers processed with different technologies varies significantly, the mix of wafers that we produce is among the primary factors that affect our revenues and profitability. The value of a wafer is determined principally by the complexity and performance of the processing technology used to produce the wafer, as well as by the yield and defect density. Production of devices with higher levels of functionality and performance, with better yields and lower defect density as well as with greater system-level integration requires better manufacturing expertise and generally commands higher wafer prices. The increase in price generally has more than offset associated increases in production cost once an appropriate economy of scale is reached.
Prices for wafers of a given level of technology generally decline over the processing technology life cycle. As a result, we have continuously been migrating to increasingly sophisticated technologies to maintain the same level of profitability. We began our volume production with 65-nanometer and 40-nanometer technologies in 2006 and 2009, respectively. We introduced our 28-nanometer technology to customers in 2011 and started large-scale commercial production in 2014. Our 28nm and below technologies contributed approximately 17.1%, 15.2% and 11.3% of our foundry revenue in 2017, 2018 and 2019 respectively.
Table:
 |  | Years Ended December 31, | 
Process Technologies | 2017 | 2018 | 2019
 | % | % | %
14 nanometers and under | 0.9 | 2.6 | 0.0
28 nanometers | 16.2 | 12.6 | 11.3
40 nanometers | 28.4 | 25.3 | 23.1
65 nanometers | 12.3 | 12.5 | 14.7
90 nanometers | 4.9 | 8.3 | 13.6
0.11/0.13 micron | 11.5 | 11.6 | 12.6
0.15/0.18 micron | 12.4 | 13.7 | 13.1
0.25/0.35 micron | 10.0 | 10.1 | 8.7
0.50 micron or higher | 3.4 | 3.3 | 2.9
Total | 100.0 | 100.0 | 100.0


Question: What was the percentage of 14 nanometers and under in 2017?
Answer: 0.9
NOTE 17—SPECIAL CHARGES (RECOVERIES)
Special charges (recoveries) include costs and recoveries that relate to certain restructuring initiatives that we have undertaken from time to time under our various restructuring plans, as well as acquisition-related costs and other charges.
Table:
 |  | Year Ended June 30, | 
 | 2019 | 2018 | 2017
Fiscal 2019 Restructuring Plan | $28,318 | $— | $—
Fiscal 2018 Restructuring Plan | 515 | 10,154 | —
Fiscal 2017 Restructuring Plan | 898 | 7,207 | 33,827
Restructuring Plans prior to Fiscal 2017 Restructuring Plan | (620) | 279 | (340)
Acquisition-related costs | 5,625 | 4,805 | 15,938
Other charges (recoveries) | 983 | 6,766 | 14,193
Total | $35,719 | $29,211 | $63,618


Question: What does Special charges (recoveries) include?
Answer: costs and recoveries that relate to certain restructuring initiatives that we have undertaken from time to time under our various restructuring plans, as well as acquisition-related costs and other charges
Issuer Purchases of Equity Securities
(a) During the fourth quarter of 2015, Lifeway publicly announced a share repurchase program. On November 1, 2017, the our Board of Directors amended the 2015 stock repurchase program (the “2017 amendment”), by adding to (i.e., exclusive of the shares previously authorized under the 2015 stock program repurchase) the authorization the lesser of $5,185 or 625 shares. The program has no expiration date.
Table:
Period | Total number of shares purchased | Average price paid per share | Total number of shares purchased as part of a publicly announced program (a) | Approximate Dollar Value of Shares that may yet be Purchased under the Plans or Programs ($ in thousands)
1/1/2018 to 1/31/2018 | 106,441 | $ 8.22 | 106,441 | $ 5,007
2/1/2018 to 2/28/2018 | 24,486 | $ 7.21 | 24,486 | $ 4,830
4/1/2018 to 4/30/2018 | 15,433 | $ 6.09 | 15,433 | $ 4,736
6/1/2018 to 6/30/2018 | 4,143 | $ 5.46 | 4,143 | $ 4,714
8/1/2018 to 8/31/2018 | 1,332 | $ 3.96 | 1,332 | $ 4,709
9/1/2018 to 9/30/18 | 40,364 | $ 3.35 | 40,364 | $ 4,573
11/1/2018 to 11/30/18 | 17,228 | $ 2.99 | 17,228 | $ 4,522
12/1/2018 to 12/31/18 | 8,305 | $ 2.25 | 8,305 | $ 4,503
Fiscal Year 2018 | 217,732 | $ 6.33 | 217,732 | $ 4,503
1/1/2019 to 1/31/2019 | 46,743 | $ 2.54 | 46,743 | $ 4,384
2/1/2019 to 2/28/2019 | 9,100 | $ 2.75 | 9,100 | $ 4,358
3/1/2019 to 3/31/2019 | 26,932 | $ 2.24 | 26,932 | $ 4,298
4/1/2019 to 4/30/2019 | 4,300 | $ 2.24 | 4,300 | $ 4,288
5/1/2019 to 5/31/2019 | 57,817 | $ 2.49 | 57,817 | $ 4,145
6/1/2019 to 6/30/2019 | 11,146 | $ 2.32 | 11,146 | $ 4,119
8/1/2019 to 8/31/2019 | 37,567 | $ 2.69 | 37,567 | $ 4,018
9/1/2019 to 9/30/2019 | 17,531 | $ 2.98 | 17,531 | $ 3,965
Fiscal Year 2019 | 211,136 | $ 2.55 | 211,136 | $ 3,965


Question: Which fiscal year has the highest total number of shares purchased?
Answer: Fiscal year 2018
Calculation: Compare the total number of shares purchased between both years