hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
Item 5. Market for the Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.
The Company’s common stock is traded on the NASDAQ Stock Market LLC under the symbol SAFM.
The number of stockholders of record as of December 12, 2019, was 2,742. The number of beneficial owners of our stock is greater than the number of holders of record, and the exact number is unknown.
The amount of future common stock dividends will depend on our earnings, financial condition, capital requirements, the effect a dividend would have on the Company's compliance with financial covenants and other factors, which will be considered by the Board of Directors on a quarterly basis.
During its fourth fiscal quarter, the Company repurchased shares of its common stock as follows:
1  All purchases were made pursuant to the Company's Stock Incentive Plan, as amended and restated on February 11, 2016, under which shares were withheld to satisfy tax withholding obligations.
2  On May 31, 2018, the Company’s Board of Directors expanded and extended the share repurchase program originally approved on October 22, 2009, under which the Company was originally authorized to purchase up to one million shares of its common stock and is now authorized to purchase up to two million shares of its common stock in open market transactions or negotiated purchases, subject to market conditions, share price and other considerations. The authorization will expire on May 31, 2021. During the fourth quarter of fiscal 2018, the Company purchased 823,385 shares in open market transactions under this program. The Company’s repurchases of vested restricted stock to satisfy tax withholding obligations of its Stock Incentive Plan participants are not made under the 2018 general repurchase plan.
3  Does not include vested restricted shares that may yet be repurchased under the Stock Incentive Plan as described in Note 1.
Table:
Period | (a) Total Number of Shares Purchased (1) | (b) Average Price Paid per Share | (c) Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs (2) | (d) Maximum Number (or Approximate Dollar Value) of Shares that May Yet Be Purchased Under the Plans or Programs (2)(3)
Aug. 1 - Aug. 31, 2019  | — | — | — | 1,176,615
Sep. 1 - Sep. 30, 2019  | 901 | $151.33 | 901 | 1,176,615
Oct. 1 - Oct. 31, 2019  | 34,344 | $154.81 | 34,344 | 1,176,615
Total  | 35,245 | $154.72 | 35,245 | 1,176,615


Question: What is the symbol of the company's common stock in the market?
Answer: SAFM
The following table summarizes information regarding common stock share awards granted and vested (in thousands, except per share award amounts):
As of December 31, 2019, there was $0.2 million of total unrecognized compensation costs, net of actual forfeitures, related to nonvested common stock share awards. This cost is expected to be recognized over a weighted average period of 0.8 years.
Table:
 |  | Years Ended December 31, | 
 | 2019 | 2018 | 2017
Number of share awards granted | 34 | 34 | 24
Weighted average grant-date fair value per share award | $25.41 | $27.68 | $32.93
Fair value of share awards vested | $840 | $880 | $850


Question: What was the percentage change in Fair value of share awards vested in 2019 from 2018?
Answer: -4.55
Calculation: (840-880)/880
Grants of Plan-Based Awards in 2018
The following table sets forth information regarding grants of awards made to our named executive officers during 2018. We did not grant any plan-based cash awards during 2018.
(1) The amounts included in this column represent the aggregate grant date fair value of RSUs, RSAs and option awards calculated in accordance with ASC 718. The valuation assumptions used in determining the grant date fair value of the RSUs, RSAs and options reported in this column are described in the Notes to the Consolidated Financial Statements included in our Annual Report on Form 10-K for the fiscal year ended December 31, 2018.
Table:
Name | Grant Date | Number of Securities Underlying Restricted Stock Awards and Restricted Stock Units (#) | Number of Securities Underlying Options (#) | Exercise or Base Price of Option Awards ($/Sh) | Grant Date Fair Value of Stock and Option Awards ($) (1)
Mr. Dorsey | — | — | — | — | —
Ms. Friar | 4/25/2018 | 38,159 | 109,026 | 44.75 | 3,479,299
Ms.Henry | 4/25/2018 | 38,159 | 109,026 | 44.75 | 3,479,299
Ms. Reses | 4/25/2018 | 38,159 | 109,026 | 44.75 | 3,479,299
Ms. Whiteley | 4/25/2018 | 16,695 | 47,699 | 44.75 | 1,522,215
Mr. Daswani | 4/25/2018 | 4,198 | — | — | 187,861
Mr. Murphy | 4/25/2018 | 4,962 | — | — | 222,050


Question: When is the Grant Date for all the executive officers?
Answer: 4/25/2018
RSUs
The Company’s RSUs include time-based RSUs, RSUs with performance conditions (“PSUs”), RSUs with market conditions (“MSUs”), and RSUs with both market and performance conditions (“MPSUs”). Vesting of awards with performance conditions or market conditions is subject to the achievement of pre-determined performance goals and the approval of such achievement by the Compensation Committee of the Board of Directors (the “Compensation Committee”). All awards include service conditions which require continued employment with the Company.
A summary of RSU activity is presented in the table below (in thousands, except per-share amounts):
(1) Amount reflects the number of awards that may ultimately be earned based on management’s probability assessment of the achievement of performance conditions at each reporting period.
The intrinsic value related to vested RSUs was $138.3 million, $90.0 million and $74.0 million for the years ended December 31, 2019, 2018 and 2017, respectively. As of December 31, 2019, the total intrinsic value of all outstanding RSUs was $679.5 million, based on the closing stock price of $178.02. As of December 31, 2019, unamortized compensation expense related to all outstanding RSUs was $100.1 million with a weighted-average remaining recognition period of approximately three years.
Cash proceeds from vested PSUs with a purchase price totaled $16.6 million and $10.6 million for the years ended December 31, 2019 and 2018, respectively. There were no proceeds for the year ended December 31, 2017.
Table:
 | Time-Based RSUs |  | PSUs and MPSUs |  | MSUs |  | Total | 
 | Number of Shares | Weighted- Average Grant Date Fair Value Per Share | Number of Shares | Weighted- Average Grant Date Fair Value Per Share | Number of Shares | Weighted- Average Grant Date Fair Value Per Share | Number of Shares | Weighted- Average Grant Date Fair Value Per Share
Outstanding at January 1, 2017 | 366 | $51.35 | 2,284 | $43.24 | 1,620 | $23.57 | 4,270 | $36.47
Granted | 81 | $94.25 | 585(1) | $62.72 | - | $- | 666 | $66.56
Vested | (175) | $48.35 | (597) | $41.94 | - | $- | (772) | $43.39
Forfeited | (14) | $61.8 | (6) | $49.82 | - | $- | (20) | $58.46
Outstanding at December 31, 2017 | 258 | $66.3 | 2,266 | $48.59 | 1,620 | $23.57 | 4,144 | $39.91
Granted | 133 | $114.36 | 630(1) | $85.06 | 600 | $68.48 | 1,363 | $80.62
Vested | (136) | $60.23 | (717) | $41.08 | - | $- | (853) | $44.13
Forfeited | (15) | $82.2 | (5) | $63.16 | (1) | $68.48 | (21) | $76.92
Outstanding at December 31, 2018 | 240 | $95.38 | 2,174 | $61.61 | 2,219 | $35.69 | 4,633 | $50.94
Granted | 52 | $142.32 | 512(1) | $99.88 | - | $- | 564 | $103.68
Vested | (103) | $81.53 | (656) | $53.72 | (324) | $23.57 | (1,083) | $47.34
Forfeited | (9) | $117.31 | (43) | $42.72 | (9) | $68.48 | (61) | $57.01
Outstanding at December 31, 2019 | 180 | $115.45 | 1,987 | $74.50 | 1,886 | $37.63 | 4,053 | $59.16


Question: What was the percentage change in Number of shares of PSUs and MPSUs Outstanding at December 31, 2017 to December 31, 2018?
Answer: -4.06
Calculation: (2,174-2,266)/2,266
packaging corporation of america notes to consolidated financial statements ( continued ) december 31 , 2006 4 . stock-based compensation ( continued ) same period was $ 1988000 lower , than if it had continued to account for share-based compensation under apb no . 25 . basic and diluted earnings per share for the year ended december 31 , 2006 were both $ 0.02 lower than if the company had continued to account for share-based compensation under apb no . 25 . prior to the adoption of sfas no . 123 ( r ) , the company presented all tax benefits of deductions resulting from share-based payment arrangements as operating cash flows in the statements of cash flows . sfas no . 123 ( r ) requires the cash flows resulting from the tax benefits from tax deductions in excess of the compensation cost recognized for those share awards ( excess tax benefits ) to be classified as financing cash flows . the excess tax benefit of $ 2885000 classified as a financing cash inflow for the year ended december 31 , 2006 would have been classified as an operating cash inflow if the company had not adopted sfas no . 123 ( r ) . as a result of adopting sfas no 123 ( r ) , unearned compensation previously recorded in stockholders 2019 equity was reclassified against additional paid in capital on january 1 , 2006 . all stock-based compensation expense not recognized as of december 31 , 2005 and compensation expense related to post 2005 grants of stock options and amortization of restricted stock will be recorded directly to additional paid in capital . compensation expense for stock options and restricted stock recognized in the statements of income for the year ended december 31 , 2006 , 2005 and 2004 was as follows : year ended december 31 , ( in thousands ) 2006 2005 2004 .

Table:
( in thousands ) | year ended december 31 , 2006 | year ended december 31 , 2005 | year ended december 31 , 2004
stock options | $ -3273 ( 3273 ) | $ 2014 | $ 2014
restricted stock | -2789 ( 2789 ) | -1677 ( 1677 ) | -663 ( 663 )
impact on income before income taxes | -6062 ( 6062 ) | -1677 ( 1677 ) | -663 ( 663 )
income tax benefit | 2382 | 661 | 260
impact on net income | $ -3680 ( 3680 ) | $ -1016 ( 1016 ) | $ -403 ( 403 )
.

Question: what was the difference in thousands in impact on net income due to compensation expense for stock options and restricted stock between 2005 and 2006?
Answer: 2664
Calculation: subtract(3680, 1016)
Amounts recognised in the balance sheet are as follows:
The surplus of £2.2m (2018: £1.3m) has not been recognised as an asset as it is not deemed to be recoverable by the Group.
Table:
 | 2019 | 2018
 | £m | £m
Present value of funded obligations | 20.0 | 19.7
Fair value of plan assets | (22.2) | (21.0)
Effect of surplus cap | 2.2 | 1.3
Net asset recognised in the Consolidated balance sheet | – | –


Question: Why is the surplus not recognised as an asset?
Answer: as it is not deemed to be recoverable by the Group
B. Business Overview
Our Fleet
Our fleet currently consists of 23 Suezmax crude oil tankers, of which the vast majority have been built in Korea. The majority of our vessels are employed in the spot market, together with one vessel currently on a longer term time charter agreement expiring in 2021 or later. The vessels are considered homogenous and interchangeable as they have approximately the same freight capacity and ability to transport the same type of cargo.
Table:
Vessel | Built in  | Deadweight Tons   | Delivered to NAT in
Nordic Freedom | 2005 | 159,331 | 2005
Nordic Moon | 2002 | 160,305 | 2006
Nordic Apollo | 2003 | 159,998 | 2006
Nordic Cosmos | 2003 | 159,999 | 2006
Nordic Grace | 2002 | 149,921 | 2009
Nordic Mistral | 2002 | 164,236 | 2009
Nordic Passat | 2002 | 164,274 | 2010
Nordic Vega | 2010 | 163,940 | 2010
Nordic Breeze | 2011 | 158,597 | 2011
Nordic Zenith | 2011 | 158,645 | 2011
Nordic Sprinter | 2005 | 159,089 | 2014
Nordic Skier | 2005 | 159,089 | 2014
Nordic Light | 2010 | 158,475 | 2015
Nordic Cross | 2010 | 158,475 | 2015
Nordic Luna | 2004 | 150,037 | 2016
Nordic Castor | 2004 | 150,249 | 2016
Nordic Sirius | 2000 | 150,183 | 2016
Nordic Pollux | 2003 | 150,103 | 2016
Nordic Star | 2016 | 159,000 | 2016
Nordic Space | 2017 | 159,000 | 2017
Nordic Aquarius | 2018 | 157,000 | 2018
Nordic Cygnus | 2018 | 157,000 | 2018
Nordic Tellus | 2018 | 157,000 | 2018


Question: What is the total weight of Nordic Freedom and Nordic Moon?
Answer: 319636
Calculation: (159,331 + 160,305)
mastercard incorporated notes to consolidated financial statements 2014 ( continued ) ( in thousands , except percent and per share data ) the following table summarizes expected benefit payments through 2019 for the pension plans , including those payments expected to be paid from the company 2019s general assets . since the majority of the benefit payments are made in the form of lump-sum distributions , actual benefit payments may differ from expected benefit payments. .

Table:
2010 | $ 18181
2011 | 27090
2012 | 21548
2013 | 25513
2014 | 24002
2015-2019 | 128494
substantially all of the company 2019s u.s .
employees are eligible to participate in a defined contribution savings plan ( the 201csavings plan 201d ) sponsored by the company .
the savings plan allows employees to contribute a portion of their base compensation on a pre-tax and after-tax basis in accordance with specified guidelines .
the company matches a percentage of employees 2019 contributions up to certain limits .
in 2007 and prior years , the company could also contribute to the savings plan a discretionary profit sharing component linked to company performance during the prior year .
beginning in 2008 , the discretionary profit sharing amount related to prior year company performance was paid directly to employees as a short-term cash incentive bonus rather than as a contribution to the savings plan .
in addition , the company has several defined contribution plans outside of the united states .
the company 2019s contribution expense related to all of its defined contribution plans was $ 40627 , $ 35341 and $ 26996 for 2009 , 2008 and 2007 , respectively .
note 13 .
postemployment and postretirement benefits the company maintains a postretirement plan ( the 201cpostretirement plan 201d ) providing health coverage and life insurance benefits for substantially all of its u.s .
employees hired before july 1 , 2007 .
the company amended the life insurance benefits under the postretirement plan effective january 1 , 2007 .
the impact , net of taxes , of this amendment was an increase of $ 1715 to accumulated other comprehensive income in 2007 .
in 2009 , the company recorded a $ 3944 benefit expense as a result of enhanced postretirement medical benefits under the postretirement plan provided to employees that chose to participate in a voluntary transition program. .

Question: what is the increase observed in the expected benefit payments during 2012 and 2013?
Answer: 18.40%
Calculation: divide(25513, 21548), subtract(#0, const_1)
Assets and Liabilities Measured at Fair Value
The following table presents our assets and liabilities measured at fair value on a recurring or non-recurring basis (in thousands):
The carrying amount of cash equivalents approximates fair value as of each reporting date because of the short maturity of those instruments.
The Company did not have any non-financial assets or non-financial liabilities that were recognized or disclosed at fair value as of December 31, 2019 and December 31, 2018.
Table:
 | December 31, 2019 |  |  | December 31, 2018 |  | 
 | Level 1 | Level 2 | Level 3 | Level 1 | Level 2 | Level 3
Assets |  |  |  |  |  | 
Cash and cash equivalents |  |  |  |  |  | 
Money market funds | $256,915 | $ - | $ - | $254,552 | $ - | $ -
Other current assets: |  |  |  |  |  | 
Indemnification - Sale of SSL | $ - | $ - | $598 | $ - | $ - | $2,410
Liabilities |  |  |  |  |  | 
Long term liabilities |  |  |  |  |  | 
Indemnification - Globalstar do Brasil S.A. | $ - | $ - | $145 | $ - | $ - | $184


Question: What is the percentage change in the company's Level 3 liabilities between 2018 and 2019?
Answer: -21.2
Calculation: (145 - 184)/184
The valuation allowance activity for the years ended September 30, 2019, 2018, and 2017 is as follows:
The Company completed an Internal Revenue Code Section 382 analysis of the loss carry forwards in 2009 and determined then that all of the Company’s loss carry forwards are utilizable and not restricted under Section 382. The Company has not updated its Section 382 analysis subsequent to 2009 and does not believe there have been any events subsequent to 2009 that would impact the analysis.
The Company is required to recognize the financial statement benefit of a tax position only after determining that the relevant tax authority would more likely than not sustain the position following an audit. For tax positions meeting the more likely than not threshold, the amount recognized in the financial statements is the largest benefit that has a greater than 50 percent likelihood of being realized upon ultimate settlement with the relevant tax authority. The Company applies the interpretation to all tax positions for which the statute of limitations remained open. The Company had no liability for unrecognized tax benefits and did not recognize any interest or penalties during the years ended September 30, 2019, 2018, or 2017.
The Company is subject to income taxes in the U.S. federal jurisdiction, and various state jurisdictions. Tax regulations within each jurisdiction are subject to the interpretation of the related tax laws and regulations and require significant judgment to apply. With few exceptions, the Company is no longer subject to U.S. federal, state and local, income tax examinations by tax authorities for fiscal years ending prior to 2004. We are generally subject to U.S. federal and state tax examinations for all tax years since 2003 due to our net operating loss carryforwards and the utilization of the carryforwards in years still open under statute. During the year ended September 30, 2018, the Company was examined by the U.S. Internal Revenue Service for fiscal year 2016. This examination resulted in no adjustments. The Company changed its fiscal year end in 2007 from March 31 to September 30.
Table:
Year Ended | Balance at Beginning of Year | Income Tax Expense (Benefit) | Reversal for State NOL Expiration and Utilization | Balance at End of Year
September 30, 2019 | $104,858 | $10,448 | $(68,292) | $47,014
September 30, 2018 | 159,154 | 79,377 | (133,673) | 104,858
September 30, 2017 | 322,404 | (32,154) | (131,096) | 159,154


Question: What is the percentage change in the end-of-year valuation allowance from 2017 to 2018?
Answer: -34.12
Calculation: (104,858-159,154)/159,154
NOTE 8—OTHER ASSETS
Deposits and restricted cash primarily relate to security deposits provided to landlords in accordance with facility lease agreements and cash restricted per the terms of certain contractual-based agreements.
Deferred implementation costs relate to direct and relevant costs on implementation of long-term contracts, to the extent such costs can be recovered through guaranteed contract revenues. As a result of the adoption of Topic 606, deferred implementation costs are no longer capitalized, but rather expensed as incurred as these costs do not relate to future performance obligations. Accordingly, these costs were adjusted through opening retained earnings as of July 1, 2018 (see note 3 "Revenues").
Capitalized costs to obtain a contract relate to incremental costs of obtaining a contract, such as sales commissions, which are eligible for capitalization on contracts to the extent that such costs are expected to be recovered (see note 3 "Revenues").
Investments relate to certain non-marketable equity securities in which we are a limited partner. Our interests in each of these investees range from 4% to below 20%. These investments are accounted for using the equity method. Our share of net income or losses based on our interest in these investments is recorded as a component of other income (expense), net in our Consolidated Statements of Income. During the year ended June 30, 2019, our share of income (loss) from these investments was $13.7 million (year ended June 30, 2018 and 2017 — $6.0 million and $6.0 million, respectively).
Long-term prepaid expenses and other long-term assets includes advance payments on long-term licenses that are being amortized over the applicable terms of the licenses and other miscellaneous assets.
Table:
 | As of June 30, 2019 | As of June 30, 2018
Deposits and restricted cash | $13,671 | $9,479
Deferred implementation costs | — | 13,740
Capitalized costs to obtain a contract | 35,593 | 13,027
Investments | 67,002 | 49,635
Long-term prepaid expenses and other long-term assets | 32,711 | 25,386
Total | $148,977 | $111,267


Question: What is the Average annual total costs for both Fiscal years?
Answer: 130122
Calculation: (148,977+111,267)/2
Net Loss per Share
The Company applies the two-class method to calculate its basic and diluted net loss per share as both classes of its voting shares are participating securities with equal participation rights and are entitled to receive dividends on a share for share basis.
The following table summarizes the reconciliation of the basic weighted average number of shares outstanding and the diluted weighted average number of shares outstanding:
In the years ended December 31, 2019 and 2018, the Company was in a loss position and therefore diluted loss per share is equal to basic loss per share.
Table:
 | Years ended | 
 | December 31, 2019 | December 31, 2018
Basic and diluted weighted average number of shares outstanding | 113,026,424 | 105,671,839
The following items have been excluded from the diluted weighted average number of shares outstanding because they are anti-dilutive: |  | 
Stock options | 3,812,242 | 5,476,790
Restricted share units | 1,939,918 | 2,473,665
Deferred share units | 673 | 347
 | 5,752,833 | 7,950,802


Question: Which 3 financial items were excluded from the diluted weighted average number of outstanding shares?
Answer: Stock options, Restricted share units, Deferred share units