hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
The significant components of the Company’s deferred tax liabilities and assets follow:
(1) Includes deferred tax liabilities related to finance lease right-of-use assets totaling $6,190 and $0 at December 31, 2019 and 2018, respectively.
As of December 31, 2019, the Company had U.S. federal net operating loss carryforwards of $213,800 which are available to reduce future taxes, if any. The federal net operating loss carryforwards begin to expire in 2034. Additionally, as of December 31, 2019, the Company had U.S. state net operating loss carryforwards of $445,936.
This includes net operating losses previously unrecorded due to minimal projected income in those jurisdictions. These U.S. state net operating loss carryforwards expire in various years ending from December 31, 2019 through December 31, 2035. Included in the financing and professional fees deferred income assets above are U.S. federal interest expense deductions with an indefinite carryforward period.
There was a change of control in the Company during 2014 that limited the annual usage of pre-ownership change net operating losses. All pre-ownership change net operating losses were fully utilized in 2019.
The Company assessed all available positive and negative evidence to determine whether sufficient future taxable income will be generated to permit use of existing deferred tax assets. For U.S. federal deferred tax assets, the Company concluded that sufficient positive evidence existed, primarily the result of reversing deferred tax liabilities during the carryover period.
However, for certain state deferred tax assets, the negative evidence has outweighed the positive evidence which has resulted in the Company establishing a valuation allowance of $20,952 and $10,961 as of December 31, 2019 and 2018, respectively, to recognize only the portion of the deferred tax asset that is more likely than not to be realized.
During the years ended December 31, 2019 and 2018, the Company paid (net of refunds received) $1,293 and $1,313, respectively, of income taxes.
Table:
 | December 31, | 
 | 2019 | 2018
Deferred tax liabilities:   |  | 
Vessels and other property (1) | $128,026 | $128,226
Prepaid expenditures | 5,621 | 7,108
Operating lease right-of-use assets | 72,298 | —
Other-net | 2 | 4
Total deferred tax liabilities | 205,947 | 135,338
Deferred tax assets: |  | 
Loss carryforwards | 68,917 | 66,737
Operating lease liability | 71,779 | —
Finance lease liability | 6,333 | —
Employee compensation and benefit plans | 3,869 | 4,287
Financing and professional fees | 2,003 | 1,859
Accrued expenses and other | 1,165 | 51
Total deferred tax assets | 154,066 | 72,934
Valuation allowance | 20,952 | 10,961
Net deferred tax assets | 133,114 | 61,973
Net deferred tax liabilities | $72,833 | $73,365


Question: What is the change in Net deferred tax liabilities from December 31, 2018 to 2019?
Answer: -532
Calculation: 72,833-73,365
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (in thousands, except for share and per share data)
NOTE 13 — Derivatives
The effect of derivative instruments on the Consolidated Statements of Earnings is as follows:
Table:
 |  | Years Ended December 31, | 
 | 2019 | 2018 | 2017
Foreign Exchange Contracts: |  |  | 
Amounts reclassified from AOCI to earnings: |  |  | 
Net sales | $— | $383 | $(488)
Cost of goods sold | 860 | (6) | 497
Selling, general and administrative | 92 | 107 | 45
Total amounts reclassified from AOCI to earnings | 952 | 484 | 54
Loss recognized in other expense for hedge ineffectiveness | — | — | (1)
Loss recognized in other expense for derivatives not designated as cash flow hedges | — | — | (15)
Total derivative gain on foreign exchange contracts recognized in earnings | $952 | $484 | $38
Interest Rate Swaps: |  |  | 
Benefit recorded in interest expense | $491 | $421 | $37
Total gain | $1,443 | $905 | $75


Question: Which years does the table provide information for the  effect of derivative instruments on the Consolidated Statements of Earnings?
Answer: 2019, 2018, 2017
Pro Forma Results
The following table summarizes, on a pro forma basis, the combined results of operations of the Company and TOKIN as though the acquisition and the Sale of EMD had occurred as of April 1, 2016. The pro forma amounts presented are not necessarily indicative of either the actual consolidated results had the acquisition occurred as of April 1, 2016, or of future consolidated operating results (amounts in thousands, except per share data):
(1) The net income for the fiscal year ended March 31, 2018 excludes the following: 34% of the gain on sale of the EMD business of $75.2 million, the gain related to the fair value of KEMET’s previous 34% interest in TOKIN of $68.7 million, and the bargain gain on the acquisition of TOKIN of $62.2 million.
(2) The net income for the fiscal year ended March 31, 2017 includes the following: 34% of the gain on sale of the EMD business of $123.4 million (which includes the release of a valuation allowance that was recorded in the fourth quarter of fiscal year 2017 and the use of the deferred tax asset which was recorded in the first quarter of fiscal year 2018), the gain related to the fair value of KEMET’s previous 34% interest in TOKIN of $66.7 million, and the bargain gain on the acquisition of TOKIN of $60.3 million.
(3) Fiscal years ended March 31, 2018 and 2017 adjusted due to the adoption of ASC 606.
Table:
 | Fiscal Years Ended March 31, | 
 | 2018 (1) | 2017 (2)
Pro forma revenues (3) | $1,217,655 | $1,060,777
Pro forma net income from continuing operations available to common stockholders (3) | 51,975 | 226,086
Pro forma earnings per common share - basic (3) | 0.98 | 4.86
Pro forma earnings per common share - diluted (3) | 0.89 | 4.08
Pro forma common shares - basic | 52,798 | 46,552
Pro forma common shares - diluted | 58,640 | 55,389


Question: How many percent of the gain on sale of the EMD business was excluded from the net income in 2018?
Answer: 34
Acquisition Related and Other Expenses: Acquisition related and other expenses consist of personnel related costs and stock-based compensation for transitional and certain other employees, integration related professional services, and certain business combination adjustments including certain adjustments after the measurement period has ended and certain other operating items, net. Stock-based compensation expenses included in acquisition related and other expenses resulted from unvested restricted stock-based awards and stock options assumed from acquisitions whereby vesting was accelerated generally upon termination of the employees pursuant to the original terms of those restricted stock-based awards and stock options.
* Not meaningful
On a constant currency basis, acquisition related and other expenses decreased in fiscal 2019 compared to fiscal 2018 primarily due to certain favorable business combination related adjustments that were recorded in fiscal 201 9 .
Table:
 |  |  | Year Ended May 31, | 
 |  |  | Percent Change | 
(Dollars in millions) | 2019 | Actual | Constant | 2018
Transitional and other employee related costs | $49 | 3% | 4% | $48
Stock-based compensation | — | -100% | -100% | 1
Professional fees and other, net | 16 | 373% | 426% | 3
Business combination adjustments, net | (21) | * | * | —
Total acquisition related and other expenses | $44 | -15% | -13% | $52


Question: What is included in stock-based compensation expenses?
Answer: Stock-based compensation expenses included in acquisition related and other expenses resulted from unvested restricted stock-based awards and stock options assumed from acquisitions whereby vesting was accelerated generally upon termination of the employees pursuant to the original terms of those restricted stock-based awards and stock options
FNF
We are party to certain agreements with FNF, including agreements that were entered into when we were related parties. As a result of the Distribution, FNF no longer has an ownership interest in us, but was still considered a related party until December 1, 2019 due to the combination of certain shared board members, members of senior management and various agreements. As of December 1, 2019, the Chairman of our Board of Directors no longer serves as one of our executive officers, and FNF is no longer considered a related party.
We have various agreements with FNF to provide software, data and analytics services, as well as corporate shared services and information technology. We are also a party to certain other agreements under which we incur other expenses or receive revenues from FNF.
A detail of the revenues and expenses, net from FNF is as follows (in millions):
(1) Transactions with FNF are summarized through November 30, 2019, the date after which FNF is no longer considered a related party.
We paid to FNF a guarantee fee of 1.0% of the outstanding principal of the Senior Notes (as defined in Note 12 — Long Term Debt) in exchange for the guarantee by FNF of the Senior Notes. For the year ended December 31, 2017, the guarantee fee was included in Interest expense, net on the Consolidated Statements of Earnings and Comprehensive Earnings. On April 26, 2017, the Senior Notes were redeemed, and we are no longer required to pay a guarantee fee.
Table:
 |  | Year ended December 31, | 
 | 2019 (1) | 2018 | 2017
Revenues | $59.5 | $57.6 | $56.8
Operating expenses | 12.5 | 12.1 | 12.3
Guarantee fee | — | — | 1.2


Question: What was the revenue in 2019?
Answer: 59.5
9. Income Taxes
On December 22, 2017, the Tax Act was enacted into law, which made changes to U.S. tax law, including, but not limited to: (1) reducing the U.S. Federal corporate income tax rate from 35% to 21%; (2) requiring companies to pay a one-time transition tax on certain unrepatriated earnings of foreign subsidiaries; (3) generally eliminating U.S. Federal corporate income taxes on dividends from foreign subsidiaries; (4) capitalizing R&D expenses which are amortized over five to 15 years; and (5) other changes to how foreign and domestic earnings are taxed.
The Tax Act includes a provision to tax global intangible low-taxed income (“GILTI”) of foreign subsidiaries and a base erosion anti-abuse tax (“BEAT”) measure that taxes certain payments between a U.S. corporation and its foreign subsidiaries. These provisions of the Tax Act were effective for the Company beginning August 1, 2018 and had no impact on the tax benefit for the year ended July 31, 2019.
Under U.S. GAAP, the Company can make an accounting policy election to either treat taxes due on the GILTI inclusion as a current period expense or factor such amounts into its measurement of deferred taxes. The Company has elected the current period expense method. The Company has finalized its assessment of the transitional impacts of the Tax Act.
In December 2018, the IRS issued proposed regulations related to the BEAT tax, which the Company is in the process of evaluating. If the proposed BEAT regulations are finalized in their current form, the impact may be material to the tax provision in the quarter of enactment.
The U.S. Treasury Department, the Internal Revenue Service (“IRS”), and other standard-setting bodies will continue to interpret or issue guidance on how provisions of the Tax Act will be applied or otherwise administered. The Company continues to obtain, analyze, and interpret guidance as it is issued and will revise its estimates as additional information becomes available.
Any legislative changes, including any other new or proposed U.S. Department of the Treasury regulations that have yet to be issued, may result in income tax adjustments, which could be material to our provision for income taxes and effective tax rate in the period any such changes are enacted. The Company’s income (loss) before provision for (benefit from) income taxes for the years ended July 31, 2019, 2018 and 2017 is as follows (in thousands):
Table:
 |  | Fiscal years ended July 31, | 
 | 2019 | 2018 | 2017
Domestic | $(1,778) | $(13,501) | $21,723
International | 14,230 | 5,225 | 6,803
Income (loss) before provision for (benefit from) income taxes | $12,452 | $(8,276) | $28,526


Question: What was the total Income (loss) before provision for (benefit from) income taxes in 2019?
Answer: $12,452
Revenues. Revenues increased by 25% to RMB105.8 billion for the fourth quarter of 2019 on a year-on-year basis. The following table sets forth our revenues by line of business for the fourth quarter of 2019 and the fourth quarter of 2018:
Revenues from VAS increased by 20% to RMB52,308 million for the fourth quarter of 2019 on a year-on-year basis. Online games revenues grew by 25% to RMB30,286 million. The increase was primarily driven by revenue growth from smart phone games in both domestic and overseas markets, including titles such as Peacekeeper Elite and PUBG Mobile, as well as revenue contributions from Supercell titles, partly offset by lower revenues from PC client games such as DnF. Social networks revenues increased by 13% to RMB22,022 million. The increase mainly reflected greater contributions from digital content services such as live broadcast and music streaming services. Total smart phone games revenues (including smart phone games revenues attributable to our social networks business) were RMB26,035 million and PC client games revenues were RMB10,359 million for the fourth quarter of 2019.
Revenues from FinTech and Business Services increased by 39% to RMB29,920 million for the fourth quarter of 2019 on a year-on-year basis. The increase was primarily due to greater revenue contributions from commercial payment, as well as revenue growth from cloud services as a result of deeper penetration in key verticals.
Revenues from Online Advertising increased by 19% to RMB20,225 million for the fourth quarter of 2019 on a year-onyear basis. Social and others advertising revenues increased by 37% to RMB16,274 million. The increase was mainly driven by advertising revenue growth from Weixin Moments and our mobile advertising network. Media advertising revenues decreased by 24% to RMB3,951 million. The decrease primarily reflected lower advertising revenues from our media platforms including Tencent Video and Tencent News due to uncertain broadcasting schedules and fewer telecasts of sports events.
Table:
 | Unaudited |  |  | 
 | Three months ended |  |  | 
 | 31 December 2019 |  | 31 December 2018 | 
 |  | % of total |  | % of total
 | Amount | revenues | Amount | revenues
 |  |  | (Restated) | (Restated)
 | (RMB in millions, unless specified) |  |  | 
VAS | 52,308 | 50% | 43,651 | 51%
FinTech and Business Services | 29,920 | 28% | 21,597 | 26%
Online Advertising | 20,225 | 19% | 17,033 | 20%
Others | 3,314 | 3% | 2,615 | 3%
Total revenues | 105,767 | 100% | 84,896 | 100%


Question: How much is the change in Online Advertising revenue between the fourth quarter of 2018 and 2019?
Answer: 3192
Calculation: 20,225-17,033
9. Available-for-Sale Debt Investments and Equity Investments
The following table summarizes our available-for-sale debt investments and equity investments (in millions):
(1) We held equity interests in certain private equity funds of $0.6 billion as of July 27, 2019 which are accounted for under the NAV practical expedient following the adoption of ASU 2016-01, Financial Instruments, starting in the first quarter of fiscal 2019.
Table:
 | July 27, 2019 | July 28, 2018
Available-for-sale debt investments | $21,660 | $37,009
Marketable equity securities | 3 | 605
Total investments | 21,663 | 37,614
Non-marketable equity securities included in other assets (1) | 1,113 | 978
Equity method investments included in other assets | 87 | 118
Total | $22,863 | $38,710


Question: Which years does the table provide information for the company's available-for-sale debt investments and equity investments?
Answer: 2019, 2018
Property and Equipment
Property and equipment are stated at cost and are depreciated or amortized using the straight-line method. Cost, accumulated depreciation and amortization, and estimated useful lives are as follows (dollars in thousands):
Table:
 |  | Fiscal year-end | 
 | 2019 | 2018 | Useful Life
Land | $19,490 | $17,655 | 
Buildings and improvements | 173,333 | 165,535 | 5 - 40 years
Equipment, furniture and fixtures | 389,225 | 359,721 | 3 - 10 years
Leasehold improvements | 94,878 | 89,399 | shorter of asset life or lease term
 | 676,926 | 632,310 | 
Accumulated depreciation and amortization | (353,492) | (320,517) | 
Property and equipment, net | $323,434 | $311,793 | 


Question: In which year was the amount of Land larger?
Answer: 2019
Calculation: 19,490>17,655
Note 18. Income Taxes
The Tax Cuts and Jobs Act, or the Tax Act, was signed into law on December 22, 2017. This legislation made significant changes in U.S. tax law, including a reduction in the corporate tax rate, changes to net operating loss carryforwards and carrybacks and a repeal of the corporate alternative minimum tax. The legislation reduced the U.S. corporate income tax rate from 35% to 21%. As a result of the enacted Tax Act, we were required to revalue deferred tax assets and liabilities at the rate in effect when the deferred tax balances are scheduled to reverse. This revaluation resulted in an additional $8.8 million of income tax expense and a corresponding reduction in the deferred tax asset which was recorded during the year ended December 31, 2017.
Additionally, on December 22, 2017, the Securities and Exchange Commission staff issued Staff Accounting Bulletin No. 118, or SAB 118, to address the application of GAAP in situations when a registrant does not have the necessary information available, prepared, or analyzed in reasonable detail to complete the accounting for certain income tax effects of the Tax Act. Specifically, SAB 118 provides a measurement period for companies to evaluate the impacts of the Tax Act on their financial statements. We completed the accounting for the tax effects of the Tax Act during the three months ended September 30, 2018 and decreased our provisional estimate from $8.8 million to $8.7 million.
The components of our income tax expense are as follows (in thousands):
Table:
 |  | Year Ended December 31, | 
 | 2019 | 2018 | 2017
Current |  |  | 
Federal | $1,615 | $741 | $584
State | 900 | 653 | (88)
Foreign | 452 | 263 | 6
Total Current | 2,967 | 1,657 | 502
Deferred |  |  | 
Federal | 2,622 | (8,821) | 3,837
State | (23) | (2,643) | (1,368)
Foreign | — | (18) | 19
Total Deferred | 2,599 | (11,482) | 2,488
Total | $5,566 | $ (9,825) | $2,990


Question: What was the change in total deferred income tax expense between 2017 and 2019?
Answer: 111
Calculation: 2,599-2,488
Income (loss) before expense (benefit) for income taxes for the years ended December 31, 2019, 2018 and 2017 is as follows:
Income (loss) before expense (benefit) for income taxes for international entities reflects income (loss) based on statutory transfer pricing agreements. This amount does not correlate to consolidated international revenue, many of which occur from our U.S. entity.
Table:
(In thousands) | 2019 | 2018 | 2017
U.S. entities | $(29,829) | $(74,131) | $26,552
International entities | 5,052 | 40,760 | 18,135
Total | $(24,777) | $(33,371) | $44,687


Question: What does Income (loss) before expense (benefit) for income taxes for international entities reflect?
Answer: income (loss) based on statutory transfer pricing agreements.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (in thousands, except for share and per share data)
NOTE 18 — Income Taxes
Significant components of our deferred tax assets and liabilities are as follows:
Table:
 | As of December 31, | 
 | 2019 | 2018
Post-retirement benefits | $1,100 | $1,061
Inventory reserves | 708 | 1,236
Loss carry-forwards | 4,724 | 4,647
Credit carry-forwards | 15,964 | 16,909
Accrued expenses | 4,932 | 5,685
Research expenditures | 17,953 | 16,847
Operating lease liabilities | 6,211 | —
Stock compensation | 2,232 | 2,142
Foreign exchange loss | 1,986 | 2,245
Other | 230 | 207
Gross deferred tax assets | 56,040 | 50,979
Depreciation and amortization | 12,453 | 11,500
Pensions | 13,552 | 11,736
Operating lease assets | 5,963 | —
Subsidiaries' unremitted earnings | 1,903 | 1,258
Gross deferred tax liabilities | 33,871 | 24,494
Net deferred tax assets | 22,169 | 26,485
Deferred tax asset valuation allowance | (8,011) | (8,274)
Total net deferred tax assets | $14,158 | $18,211


Question: Which years does the table provide information for significant components of the company's deferred tax assets and liabilities?
Answer: 2019, 2018
equity compensation plan information the following table presents the equity securities available for issuance under our equity compensation plans as of december 31 , 2014 . equity compensation plan information plan category number of securities to be issued upon exercise of outstanding options , warrants and rights ( 1 ) weighted-average exercise price of outstanding options , warrants and rights ( 2 ) number of securities remaining available for future issuance under equity compensation plans ( excluding securities reflected in column ( a ) ) ( a ) ( b ) ( c ) equity compensation plans approved by security holders 1955024 $ 36.06 4078093 equity compensation plans not approved by security holders ( 3 ) 2014 2014 2014 .

Table:
plan category | number of securities to be issued upon exercise of outstanding options warrants and rights ( 1 ) ( a ) ( b ) | weighted-average exercise price of outstanding optionswarrants and rights ( 2 ) | number of securities remaining available for future issuance under equity compensation plans ( excluding securitiesreflected in column ( a ) ) ( c )
equity compensation plans approved by security holders | 1955024 | $ 36.06 | 4078093
equity compensation plans not approved by security holders ( 3 ) | 2014 | 2014 | 2014
total | 1955024 | $ 36.06 | 4078093
( 1 ) includes grants made under the huntington ingalls industries , inc .
2012 long-term incentive stock plan ( the "2012 plan" ) , which was approved by our stockholders on may 2 , 2012 , and the huntington ingalls industries , inc .
2011 long-term incentive stock plan ( the "2011 plan" ) , which was approved by the sole stockholder of hii prior to its spin-off from northrop grumman corporation .
of these shares , 644321 were subject to stock options , 539742 were subject to outstanding restricted performance stock rights , and 63022 were stock rights granted under the 2011 plan .
in addition , this number includes 33571 stock rights , 11046 restricted stock rights and 663322 restricted performance stock rights granted under the 2012 plan , assuming target performance achievement .
( 2 ) this is the weighted average exercise price of the 644321 outstanding stock options only .
( 3 ) there are no awards made under plans not approved by security holders .
item 13 .
certain relationships and related transactions , and director independence information as to certain relationships and related transactions and director independence will be incorporated herein by reference to the proxy statement for our 2015 annual meeting of stockholders to be filed within 120 days after the end of the company 2019s fiscal year .
item 14 .
principal accountant fees and services information as to principal accountant fees and services will be incorporated herein by reference to the proxy statement for our 2015 annual meeting of stockholders to be filed within 120 days after the end of the company 2019s fiscal year .
this proof is printed at 96% ( 96 % ) of original size this line represents final trim and will not print .

Question: what is the combined equity compensation plans approved by security holders
Answer: 6033117
Calculation: add(1955024, 4078093)