hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
Under the 2019 Plan, the Compensation Committee set the following non-equity incentive target amounts, non-equity incentive compensation cap percentages and relative percentages weights for each plan component for each of our NEOs in 2019 who are participating in our incentive compensation plans. Under the 2019 Plan, the Compensation Committee set the following non-equity incentive target amounts, non-equity incentive compensation cap percentages and relative percentages weights for each plan component for each of our NEOs in 2019 who are participating in our incentive compensation plans.
As noted above, Messrs Richard, Robert and Bruce Leeds no longer participate in incentive compensation. In addition, as
Mr. Reinhold left Systemax as the Chief Executive Officer in January 2019, he did not participate in the 2019 NEO Plan.
Table:
Name | Target ($) | Cap (%) | Net Sales (%) | Adjusted Operating Income (%) | Strategic Objectives (%) | Corporate Governance (%) | Business Unit/Individual Objectives (%)
Barry Litwin | 1,113,750 | 111 | 20 | 60 | 18 | 4 | 0
Thomas Clark | 225,000 | 150 | 0 | 0 | 0 | 0 | 100
Robert Dooley | 615,000 | 150 | 0 | 0 | 0 | 0 | 100
Eric Lerner | 300,900 | 150 | 0 | 0 | 0 | 0 | 100
Manoj Shetty | 241,535 | 150 | 0 | 0 | 0 | 0 | 100


Question: What percentage of Barry Litwin's target amount under the 2019 plan is Robert Dooley's target amount?
Answer: 55.22
Calculation: (615,000/1,113,750 ) * 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 gross carrying value of other intangible assets as a percentage of the total gross carrying value?
Answer: 69.48
Calculation: (21.4/30.8) * 100
COMMITMENTS AND CONTINGENCIES
Warranties
The Company’s standard warranty obligation to its customers provides for repair or replacement of a defective product at the Company’s discretion for a period of time following purchase, generally between 12 and 24 months. Factors that affect the warranty obligation include product failure rates, material usage and service delivery costs incurred in correcting product failures. In addition, from time to time, specific warranty accruals may be made if unforeseen technical problems arise. The estimated cost associated with fulfilling the Company’s warranty obligation to customers is recorded in cost of revenue.
Changes in the Company’s warranty liability, which is included as a component of accrued liabilities on the consolidated balance sheets, are set forth in the table below (in thousands):
Table:
 |  | Year Ended December 31, | 
 | 2019 | 2018 | 2017
Warranty reserve, beginning of period | $8,220 | $8,306 | $2,158
Provisions made to warranty reserve during the period | 13,708 | 11,775 | 16,597
Charges against warranty reserve during the period | (11,574) | (11,861) | (10,449)
Warranty reserve end of period | $10,354 | 8,220 | 8,306


Question: What is warranty liability a component of?
Answer: accrued liabilities
GreenSky, Inc. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued) (United States Dollars in thousands, except per share data, unless otherwise stated)
Note 6. Property, Equipment and Software
The following table shows depreciation and amortization expense, as well as recorded impairment losses related to abandoned capitalized software projects that are recorded within general and administrative expense in the Consolidated Statements of Operations. We determined that these software projects would not generate future cash flows through use or disposal to a third party and, as such, the fair value as of the respective reporting dates was $0.
Table:
 |  | Year Ended December 31, | 
 | 2019 | 2018 | 2017
Depreciation expense | $2,540 | $2,320 | $2,149
Amortization expense | 4,764 | 2,158 | 1,834
Impairment losses | — | 19 | 78


Question: What was the percentage change in impairment losses between 2017 and 2018?
Answer: -75.64
Calculation: ((19-78)/78) * 100
Products
The Registrant has the ability to produce a wide range of processed chicken products and prepared chicken items.
Processed chicken is first salable as an ice-packed, whole chicken. The Registrant adds value to its ice-packed, whole chickens by removing the giblets, weighing, packaging and labeling the product to specific customer requirements and cutting and deboning the product based on customer specifications. The additional processing steps of giblet removal, close tolerance weighing and cutting increase the value of the product to the customer over whole, ice-packed chickens by reducing customer handling and cutting labor and capital costs, reducing the shrinkage associated with cutting, and ensuring consistently sized portions.
The Registrant adds additional value to the processed chicken by deep chilling and packaging whole chickens in bags or combinations of fresh chicken parts, including boneless product, in various sized, individual trays under the Registrant’s brand name, which then may be weighed and pre-priced, based on each customer’s needs. This chill-pack process increases the value of the product by extending shelf life, reducing customer weighing and packaging labor, and providing the customer with a wide variety of products with uniform, well designed packaging, all of which enhance the customer’s ability to merchandise chicken products.
To satisfy some customers’ merchandising needs, the Registrant freezes the chicken product, which adds value by meeting the customers’ handling, storage, distribution and marketing needs and by permitting shipment of product overseas where transportation time may be as long as 60 days.
The following table sets forth, for the periods indicated, the contribution, as a percentage of net sales dollars, of each of the Registrant’s major product lines.
Table:
 |  |  | Fiscal Year Ended October 31,  |  | 
 | 2019 | 2018 | 2017 | 2016 | 2015
Registrant processed chicken:    |  |  |  |  | 
Value added:    |  |  |  |  | 
Fresh vacuum-sealed  | 38.3 % | 35.2 % | 39.8 %   | 37.6 % | 35.2%
Fresh chill-packed  | 32.9 | 35.6 | 31.0 | 34.7 | 36.9
Fresh bulk-packed  | 14.4 | 15.1 | 16.4 | 15.1 | 13.9
Frozen  | 6.2 | 6.5 | 6.7 | 5.1 | 6.3
Subtotal  | 91.8 | 92.4 | 93.9 | 92.5 | 92.3
Non-value added:    |  |  |  |  | 
Fresh ice-packed  | 1.2 | 1.2 | 1.0 | 0.9 | 1.0
Subtotal  | 1.2 | 1.2 | 1.0 | 0.9 | 1.0
Total Company processed chicken  | 93.0 | 93.6 | 94.9 | 93.4 | 93.3
Minimally prepared chicken  | 7.0 | 6.4 | 5.1 | 6.6 | 6.7
Total  | 100.0 % | 100.0 % | 100.0 %  | 100.0 % | 100.0%


Question: What is the change in the contribution from minimally prepared chicken between fiscal years 2018 and 2019 as a percentage of net sales dollars?
Answer: 0.6
Calculation: 7.0-6.4
Expected Future Rate
Over the medium-term the tax rate is likely to stabilise as the integration of acquisitions in higher rate jurisdictions are completed. However, the tax rate may fluctuate if business changes are implemented in response to legislation arising from the OECD’s Base Erosion & Profit Shifting Project. Legislative change in key territories is being monitored and acted upon.
The Group does not anticipate any significant impact on the future tax charge, liabilities or assets, as a result of the triggering of Article 50(2) of the Treaty on European Union, but cannot rule out the possibility that, for example, a failure to reach satisfactory arrangements for the UK’s future relationship with the European Union, could have an impact on such matters.
The European Commission has concluded its investigation into the UK’s controlled foreign company (“CFC”) rules. The CFC rules levy a charge on foreign entities controlled by the UK that are subject to a lower rate of tax, however there is currently an exemption available for 75% of this charge if the activities being undertaken by the CFC relate to financing. The EC concluded that this exemption is in breach of EU State Aid rules. However, whilst we are awaiting further detail from HMRC, the position has not changed from a tax accounting perspective. The risk is possible, but not probable. UK ministers have yet to decide on whether to pursue an appeal. No provision for this potential liability of $3.6M has been provided in these Consolidated Financial Statements as it is not clear what, if any, the ultimate financial result will be.
Deferred tax assets and liabilities are attributable to the following:
As at 31 March 2019 the aggregate amount of temporary differences associated with undistributed earnings of subsidiaries for which deferred tax liabilities have been recognised was $Nil (2018: $Nil). No liability has been recognised because the Group is in a position to control the reversal of temporary differences and it is probable that such differences will not reverse in the foreseeable future.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period when the asset is realised or the liability settled, based on tax rates that have been enacted or substantively enacted at the reporting date.
Table:
 | 31 March 2019 | 31 March 2018 Restated See note 2
 | $M | $M
Deferred income tax assets in relation to: |  | 
Deferred revenue | 40.9 | 40.0
Tax value of carry forward losses of UK subsidiaries | 37.0 | 24.2
Tax value of carry forward losses of overseas subsidiaries | 6.2 | 6.4
Advanced capital allowances | 7.5 | 7.7
Share-based payments | 11.6 | 27.7
Other temporary differences | 11.8 | 14.7
Total | 115.0 | 120.7
Deferred income tax liabilities in relation to: |  | 
Intangible assets | 6.1 | 5.9
Deferred selling cost | 8.5 | 8.5
Other temporary differences | - | 0.1
Total | 14.6 | 14.5


Question: What was the change in deferred value in 2019 from 2018?
Answer: 0.9
Calculation: 40.9-40.0
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 was the effective interest rate of the liability component? 
Answer: 6.4%
Stock-Settled Stock Appreciation Rights
Stock-Settled Appreciation Rights (“SSARs”) are rights granted to an employee to receive value equal to the difference in the price of our common shares on the date of the grant and on the date of exercise. This value is settled only in common shares of Agilysys.
We use a Black-Scholes-Merton option pricing model to estimate the fair value of SSARs. The following table summarizes the principal assumptions utilized in valuing SSARs granted in fiscal 2019, 2018 and 2017:
The risk-free interest rate is based on the yield of a zero coupon U.S. Treasury bond whose maturity period approximates the expected life of the SSARs. The expected life is estimated using historical data representing the period of time the awards are expected to be outstanding. The estimated fair value of the SSARs granted is recognized over the vesting period of the awards utilizing the graded vesting method. Under this method, the compensation cost related to unvested amounts begins to be recognized as of the grant date.
Table:
 | 2019 | 2018 | 2017
Risk-free interest rate | 2.68% | 1.74%-1.94% | 0.94%-2.14%
Expected life (in years) | 5 | 5 | 5
Expected volatility | 32.42% | 32.42% - 32.84% | 35.25%-40.22%
Weighted average grant date fair value | $4.72 | $3.36 | $3.69


Question: What was the increase / (decrease) in the Weighted average grant date fair value from 2018 to 2019?
Answer: 1.36
Calculation: 4.72 - 3.36
table of contents contractual obligations the company's significant contractual obligations as of december 31 , 2016 are summarized below: .

Table:
( in thousands ) | payments due by period total | payments due by period within 1 year | payments due by period 2 2013 3 years | payments due by period 4 2013 5 years | payments due by period after 5 years
global headquarters operating lease ( 1 ) | $ 40859 | $ 4278 | $ 8556 | $ 8928 | $ 19097
other operating leases ( 2 ) | 29808 | 9861 | 12814 | 4752 | 2381
unconditional purchase obligations ( 3 ) | 37415 | 14134 | 20012 | 3269 | 2014
obligations related to uncertain tax positions including interest and penalties ( 4 ) | 2 | 2 | 2014 | 2014 | 2014
other long-term obligations ( 5 ) | 30846 | 13292 | 11472 | 1763 | 4319
total contractual obligations | $ 138930 | $ 41567 | $ 52854 | $ 18712 | $ 25797
( 1 ) on september 14 , 2012 , the company entered into a lease agreement for 186000 square feet of rentable space located in an office facility in canonsburg , pennsylvania , which serves as the company's headquarters .
the lease was effective as of september 14 , 2012 , but because the leased premises were under construction , the company was not obligated to pay rent until three months following the date that the leased premises were delivered to ansys , which occurred on october 1 , 2014 .
the term of the lease is 183 months , beginning on october 1 , 2014 .
the company has a one-time right to terminate the lease effective upon the last day of the tenth full year following the date of possession ( december 31 , 2024 ) by providing the landlord with at least 18 months' prior written notice of such termination .
( 2 ) other operating leases primarily include noncancellable lease commitments for the company's other domestic and international offices as well as certain operating equipment .
( 3 ) unconditional purchase obligations primarily include software licenses and long-term purchase contracts for network , communication and office maintenance services , which are unrecorded as of december 31 , 2016 .
( 4 ) the company has $ 18.4 million of unrecognized tax benefits , including estimated interest and penalties , that have been recorded as liabilities in accordance with income tax accounting guidance for which the company is uncertain as to if or when such amounts may be settled .
as a result , such amounts are excluded from the table above .
( 5 ) other long-term obligations primarily include third-party commissions of $ 15.0 million , deferred compensation of $ 7.4 million ( including estimated imputed interest of $ 161000 within 1 year and $ 87000 within 2-3 years ) and post- employment benefits , including pension obligations , of $ 6.5 million for certain foreign locations of the company .
these amounts include the related current portions when applicable. .

Question: what is the proportion of total global headquarters leases to total other operating leases?
Answer: 1.371:1
Calculation: divide(40859, 29808)
ADVANCED ENERGY INDUSTRIES, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS – (continued) (in thousands, except per share amounts)
NOTE 10. INVENTORIES
Our inventories are valued at the lower of cost or net realizable value and computed on a first-in, first-out (FIFO) basis. Components of inventories are as follows:
Table:
 | December 31, | 
 | 2019 | 2018
Parts and raw materials | $134,816 | $76,647
Work in process | 10,269 | 6,644
Finished goods | 84,934 | 14,696
Total | $230,019 | $97,987


Question: How were the company's inventories valued?
Answer: at the lower of cost or net realizable value and computed on a first-in, first-out (FIFO) basis.
entergy corporation and subsidiaries management 2019s financial discussion and analysis regulatory asset associated with new nuclear generation development costs as a result of a joint stipulation entered into with the mississippi public utilities staff , subsequently approved by the mpsc , in which entergy mississippi agreed not to pursue recovery of the costs deferred by an mpsc order in the new nuclear generation docket . see note 2 to the financial statements for further discussion of the new nuclear generation development costs and the joint stipulation . net revenue utility following is an analysis of the change in net revenue comparing 2015 to 2014 . amount ( in millions ) .

Table:
 | amount ( in millions )
2014 net revenue | $ 5735
retail electric price | 187
volume/weather | 95
louisiana business combination customer credits | -107 ( 107 )
miso deferral | -35 ( 35 )
waterford 3 replacement steam generator provision | -32 ( 32 )
other | -14 ( 14 )
2015 net revenue | $ 5829
the retail electric price variance is primarily due to : 2022 formula rate plan increases at entergy louisiana , as approved by the lpsc , effective december 2014 and january 2015 ; 2022 an increase in energy efficiency rider revenue primarily due to increases in the energy efficiency rider at entergy arkansas , as approved by the apsc , effective july 2015 and july 2014 , and new energy efficiency riders at entergy louisiana and entergy mississippi that began in the fourth quarter 2014 .
energy efficiency revenues are largely offset by costs included in other operation and maintenance expenses and have a minimal effect on net income ; and 2022 an annual net rate increase at entergy mississippi of $ 16 million , effective february 2015 , as a result of the mpsc order in the june 2014 rate case .
see note 2 to the financial statements for a discussion of rate and regulatory proceedings .
the volume/weather variance is primarily due to an increase of 1402 gwh , or 1% ( 1 % ) , in billed electricity usage , including an increase in industrial usage and the effect of more favorable weather .
the increase in industrial sales was primarily due to expansion in the chemicals industry and the addition of new customers , partially offset by decreased demand primarily due to extended maintenance outages for existing chemicals customers .
the louisiana business combination customer credits variance is due to a regulatory liability of $ 107 million recorded by entergy in october 2015 as a result of the entergy gulf states louisiana and entergy louisiana business combination .
consistent with the terms of an agreement with the lpsc , electric customers of entergy louisiana will realize customer credits associated with the business combination ; accordingly , in october 2015 , entergy recorded a regulatory liability of $ 107 million ( $ 66 million net-of-tax ) .
see note 2 to the financial statements for further discussion of the business combination and customer credits. .

Question: what percentage of net revenue of 2015 is attributed to the growth from to retail electric price?
Answer: 3.2%
Calculation: divide(187, 5829)
24. Government grants
The following government grants are included within trade and other payables:
Government grants have been received to accelerate and support research and development in the vulnerability of global navigation satellite systems and other high technology projects.
Table:
 | 2019 | 2018
 | $ million | $ million
At 1 January | 2.3 | 2.6
Received during the year | 0.3 | 0.1
Released to the income statement | (0.6) | (0.4)
At 31 December | 2.0 | 2.3


Question: In which year was the amount at 1 January larger?
Answer: 2018
Calculation: 2.6>2.3
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 realization of the net deferred tax assets ultimately dependent upon?
Answer: the generation of future taxable income during the periods in which those temporary differences become deductible.