hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
the fair value for these options was estimated at the date of grant using a black-scholes option pricing model with the following weighted-average assumptions for 2006 , 2005 and 2004: .

Table:
 | 2006 | 2005 | 2004
weighted average fair value of options granted | $ 20.01 | $ 9.48 | $ 7.28
expected volatility | 0.3534 | 0.3224 | 0.3577
distribution yield | 1.00% ( 1.00 % ) | 0.98% ( 0.98 % ) | 1.30% ( 1.30 % )
expected life of options in years | 6.3 | 6.3 | 6.3
risk-free interest rate | 5% ( 5 % ) | 4% ( 4 % ) | 4% ( 4 % )
the black-scholes option valuation model was developed for use in estimating the fair value of traded options which have no vesting restrictions and are fully transferable .
in addition , option valuation models require the input of highly subjective assumptions , including the expected stock price volatility .
because the company 2019s employee stock options have characteristics significantly different from those of traded options , and because changes in the subjective input assumptions can materially affect the fair value estimate , in management 2019s opinion , the existing models do not necessarily provide a reliable single measure of the fair value of its employee stock options .
the total fair value of shares vested during 2006 , 2005 , and 2004 was $ 9413 , $ 8249 , and $ 6418 respectively .
the aggregate intrinsic values of options outstanding and exercisable at december 30 , 2006 were $ 204.1 million and $ 100.2 million , respectively .
the aggregate intrinsic value of options exercised during the year ended december 30 , 2006 was $ 42.8 million .
aggregate intrinsic value represents the positive difference between the company 2019s closing stock price on the last trading day of the fiscal period , which was $ 55.66 on december 29 , 2006 , and the exercise price multiplied by the number of options outstanding .
as of december 30 , 2006 , there was $ 64.2 million of total unrecognized compensation cost related to unvested share-based compensation awards granted to employees under the option plans .
that cost is expected to be recognized over a period of five years .
employee stock purchase plan the shareholders also adopted an employee stock purchase plan ( espp ) .
up to 2000000 shares of common stock have been reserved for the espp .
shares will be offered to employees at a price equal to the lesser of 85% ( 85 % ) of the fair market value of the stock on the date of purchase or 85% ( 85 % ) of the fair market value on the enrollment date .
the espp is intended to qualify as an 201cemployee stock purchase plan 201d under section 423 of the internal revenue code .
during 2006 , 2005 , and 2004 , 124693 , 112798 , and 117900 shares were purchased under the plan for a total purchase price of $ 3569 , $ 2824 , and $ 2691 , respectively .
at december 30 , 2006 , approximately 1116811 shares were available for future issuance. .

Question: considering the weighted average fair value of options , how many shares vested in 2004?
Answer: 881
Calculation: divide(6418, 7.28)
Substantial shareholdings
The voting rights in the table below have been determined in accordance with the requirements of the UK Listing Authority’s Disclosure and Transparency Rules DTR 5, and represent 3% or more of the voting rights attached to issued shares in the Company as at 28th February 2020 and 31st December 2019. There are no Controlling Founder Shareholders.
Table:
 | As at 31.12.19 |  | As at 28.02.20 | 
Substantial shareholdings | Number of Ordinary shares | % of issued share capital | Number of Ordinary shares | % of issued share capital
The Capital Group Companies, Inc. | 6,584,006 | 8.9% | 6,598,428 | 8.9%
Sun Life Financial, Inc. | 5,566,823 | 7.5% | 5,481,561 | 7.4%
BlackRock, Inc. | 4,624,204 | 6.3% | 4,913,790 | 6.7%
Fiera Capital Corporation | 4,764,251 | 6.5% | 4,768,688 | 6.5%
APG Groep N.V. | 4,068,000 | 5.5% | 4,068,000 | 5.5%
The Vanguard Group, Inc. | 2,569,081 | 3.5% | 2,637,287 | 3.6%


Question: What was the percentage change in the number of ordinary shares for BlackRock, Inc. in 2020 from 2019?
Answer: 6.26
Calculation: (4,913,790-4,624,204)/4,624,204
NAVIOS MARITIME HOLDINGS INC. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Expressed in thousands of U.S. dollars — except share data)
The Company entered into new lease liabilities amounting to $47,064 during the year ended December 31, 2019.
The table below provides the total amount of lease payments on an undiscounted basis on our chartered-in contracts, office lease agreements and land lease agreements as of December 31, 2019:
As of December 31, 2019, the weighted average remaining lease terms on our charter-in contracts, office lease agreements and land leases are 4.5 years, 1.9 years and 46.3 years, respectively.
Table:
 | Charter-in vessels in operation | Land Leases | Office space
December 31, 2020 | $109,574 | $556 | $753
December 31, 2021 | 85,399 | 556 | 356
December 31, 2022 | 57,282 | 556 | 101
December 31, 2023 | 47,603 | 556 | 81
December 31, 2024 | 34,025 | 556 | —
December 31, 2025 and thereafter | 33,481 | 23,002 | —
Total | $367,364 | $25,782 | $1,291
Operating lease liabilities, including current portion | $304,568 | $7,660 | $1,204
Discount based on incremental borrowing rate | $62,796 | $18,122 | $87


Question: What were the payments for office space in 2022?
Answer: 101
Contractual Obligations
The following summarizes our contractual obligations at June 30, 2019, and the effect such obligations are expected to have on our liquidity and cash flow in future periods (in thousands):
The contractual obligations referenced above are more specifically defined as follows:
Debt obligations relate to amounts owed under our Credit Agreement.
Inventory unconditional purchase obligations represent the purchase of long lead-time component inventory that our contract manufacturers procure in accordance with our forecast. We expect to honor the inventory purchase commitments within the next 12 months.
Contractual commitments to suppliers for future services.
Deferred payments represent Data Center Business consideration obligation of $1.0 million per quarter.
Contingent consideration for the Capital Financing Business acquisition, at fair value. Actual payments could be different
Non-cancelable operating lease obligations represent base rents and operating expense obligations.
Other liabilities include our commitments towards debt related fees and specific arrangements other than inventory.
The amounts in the table above exclude immaterial income tax liabilities related to uncertain tax positions as we are unable to reasonably estimate the timing of the settlement.
We did not have any material commitments for capital expenditures as of June 30, 2019.
Table:
 | Total   | Less than
1 Year | 1-3 years     | 3-5 years   | More than
5 years
Contractual Obligations:                         |  |  |  |  | 
Debt obligations | $180,500 | $9,500 | $28,500 | $142,500 | $—
Interest on debt obligations   | 25,582 | 8,333 | 14,952 | 2,297 | —
Inventory unconditional purchase obligations | 51,241 | 51,241 | — | — | —
Contractual commitments | 94,000 | 23,500 | 47,000 | 23,500 | —
Non-cancellable operating lease obligations | 104,678 | 22,733 | 41,854 | 23,804 | 16,287
Deferred payments for an acquisition | 15,000 | 4,000 | 8,000 | 3,000 | —
Contingent consideration for an acquisition | 6,298 | 4,236 | 2,013 | 49 | —
Other liabilities   | 379 | 124 | 249 | 6 | —
Total contractual cash obligations  | $477,678 | $123,667 | $142,568 | $195,156 | $16,287


Question: What was the difference in the total between Deferred payments for an acquisition and Contingent consideration for an acquisition?
Answer: 8702
Calculation: 15,000-6,298
Defined Benefit Pension Plans
The Company maintains defined benefit pension plans for employees of certain of its foreign subsidiaries. Such plans conform to local practice in terms of providing minimum benefits mandated by law, collective agreements or customary practice. The Company recognizes the aggregate amount of all overfunded plans as assets and the aggregate amount of all underfunded plans as liabilities in its financial statements.
The Company's expected long-term rate of return on plan assets is updated at least annually, taking into consideration its asset allocation, historical returns on similar types of assets and the current economic environment. For estimation purposes, the Company assumes its long-term asset mix will generally be consistent with the current mix. The Company determines its discount rates using highly rated corporate bond yields and government bond yields.
Benefits under all of the Company's plans are valued utilizing the projected unit credit cost method. The Company's policy is to fund its defined benefit plans in accordance with local requirements and regulations. The funding is primarily driven by the Company's current assessment of the economic environment and projected benefit payments of its foreign subsidiaries. The Company's measurement date for determining its defined benefit obligations for all plans is December 31 of each year.
The Company recognizes actuarial gains and losses in the period the Company's annual pension plan actuarial valuations are prepared, which generally occurs during the fourth quarter of each year, or during any interim period where a revaluation is deemed necessary.
The following is a summary of the status of the Company's foreign defined benefit pension plans and the net periodic pension cost (dollars in millions):
The long term rate of return on plan assets was determined using the weighted-average method, which incorporates factors that include the historical inflation rates, interest rate yield curve and current market conditions.
Table:
 |  | Year Ended December 31, | 
 | 2019 | 2018 | 2017
Service cost | $9.4 | $9.6 | $10.0
Interest cost | 5.0 | 4.7 | 4.3
Expected return on plan assets | (6.0) | (6.1) | (5.5)
Curtailment gain | — | (0.3) | —
Actuarial and other loss | 15.6 | 6.1 | 1.9
Total net periodic pension cost | $24.0 | $14.0 | $10.7
Weighted average assumptions |  |  | 
Discount rate used for net periodic pension costs | 1.74 % | 1.66 % | 1.60 %
Discount rate used for pension benefit obligations | 1.43 % | 1.74 % | 1.66 %
Expected return on plan assets | 3.23 % | 3.18 % | 3.22 %
Rate of compensation increase | 3.07 % | 3.22 % | 3.22 %


Question: What is the interest cost in 2018?
Answer: 4.7
Operating Leases and Other Contractual Commitments
VMware leases office facilities and equipment under various operating arrangements. VMware’s minimum future lease commitments and other contractual commitments at January 31, 2020 were as follows (table in millions):
(1) Amounts in the table above exclude legally binding minimum lease payments for leases signed but not yet commenced of $361 million, as well as expected sublease income.
The amount of the future lease commitments after fiscal 2025 is primarily for the ground leases on VMware’s Palo Alto, California headquarter facilities, which expire in fiscal 2047. As several of VMware’s operating leases are payable in foreign currencies, the operating lease payments may fluctuate in response to changes in the exchange rate between the U.S. dollar and the foreign currencies in which the commitments are payable.
Table:
 | Future Lease Commitments(1) | Purchase Obligations | Asset Retirement Obligations | Total
2021 | $144 | $168 | $1 | $313
2022 | 141 | 74 | 3 | 218
2023 | 127 | 13 | 2 | 142
2024 | 101 | — | — | 101
2025 | 77 | — | 2 | 79
Thereafter | 612 | — | 5 | 617
Total | $1,202 | $255 | $13 | $1,470


Question: What was the percentage change in purchase obligations between 2022 and 2023?
Answer: -82.43
Calculation: (13-74)/74
2mar201707015999 ( c ) in october 2016 , our accelerated share repurchase ( 2018 2018asr 2019 2019 ) agreement concluded and we received an additional 44 thousand shares of our common stock . shares purchased pursuant to the asr agreement are presented in the table above in the periods in which they were received . performance graph the following graph compares the performance of our common stock with that of the s&p 500 index and the s&p 500 healthcare equipment index . the cumulative total return listed below assumes an initial investment of $ 100 at the market close on december 30 , 2011 and reinvestment of dividends . comparison of 5 year cumulative total return 2011 2012 2016201520142013 edwards lifesciences corporation s&p 500 s&p 500 healthcare equipment index december 31 .

Table:
total cumulative return | 2012 | 2013 | 2014 | 2015 | 2016
edwards lifesciences | $ 127.54 | $ 93.01 | $ 180.17 | $ 223.42 | $ 265.06
s&p 500 | 116.00 | 153.58 | 174.60 | 177.01 | 198.18
s&p 500 healthcare equipment index | 117.42 | 150.28 | 181.96 | 194.37 | 207.46
.

Question: what was the difference in cumulative percentage returns between edwards lifesciences and the s&p 500 for the five years ended 2016?
Answer: 67%
Calculation: subtract(265.06, const_100), divide(#0, const_100), subtract(198.18, const_100), divide(#2, const_100), subtract(#1, #3)
Restricted Share Awards
Restricted share awards, which are generally in the form of restricted share units, are granted subject to certain restrictions. Conditions of vesting are determined at the time of grant. All restrictions on an award will lapse upon death or disability of the employee. If the employee satisfies retirement requirements, a portion of the award may vest, depending on the terms and conditions of the particular grant. Recipients of restricted share units have no voting rights, but do receive dividend equivalents. For grants that vest through passage of time, the fair value of the award at the time of the grant is amortized to expense over the period of vesting. The fair value of restricted share awards is determined based on the closing value of our shares on the grant date. Restricted share awards generally vest in increments over a period of four years as determined by the management development and compensation committee.
Restricted share award activity was as follows:
The weighted-average grant-date fair value of restricted share awards granted during fiscal 2019, 2018, and 2017 was $77.77, $93.45, and $67.72, respectively.
The total fair value of restricted share awards that vested during fiscal 2019, 2018, and 2017 was $48 million, $50 million, and $50 million, respectively.
As of fiscal year end 2019, there was $64 million of unrecognized compensation expense related to nonvested restricted share awards, which is expected to be recognized over a weighted-average period of 1.7 years.
Table:
 | Shares | Weighted-Average Grant-Date Fair Value
Nonvested at fiscal year end 2018 | 1,631,470 | $  75.39
Granted | 692,899 | 77.77
Vested | (689,040) | 70.31
Forfeited | (232,910) | 78.80
Nonvested at fiscal year end 2019 | 1,402,419 | $  78.36


Question: What were the components of restricted share award activity under Nonvested at fiscal year end 2018 in the table?
Answer: Granted, Vested, Forfeited
the diluted earnings per share calculation excludes stock options , sars , restricted stock and units and performance units and stock that were anti-dilutive . shares underlying the excluded stock options and sars totaled 10.3 million , 10.2 million and 0.7 million for the years ended december 31 , 2016 , 2015 and 2014 , respectively . for the years ended december 31 , 2016 and 2015 , respectively , 4.5 million and 5.3 million shares of restricted stock and restricted stock units and performance units and performance stock were excluded . 10 . supplemental cash flow information net cash paid for interest and income taxes was as follows for the years ended december 31 , 2016 , 2015 and 2014 ( in thousands ) : .

Table:
 | 2016 | 2015 | 2014
interest net of capitalized interest | $ 252030 | $ 222088 | $ 197383
income taxes net of refunds received | $ -39293 ( 39293 ) | $ 41108 | $ 342741
eog's accrued capital expenditures at december 31 , 2016 , 2015 and 2014 were $ 388 million , $ 416 million and $ 972 million , respectively .
non-cash investing activities for the year ended december 31 , 2016 , included $ 3834 million in non-cash additions to eog's oil and gas properties related to the yates transaction ( see note 17 ) .
non-cash investing activities for the year ended december 31 , 2014 included non-cash additions of $ 5 million to eog's oil and gas properties as a result of property exchanges .
11 .
business segment information eog's operations are all crude oil and natural gas exploration and production related .
the segment reporting topic of the asc establishes standards for reporting information about operating segments in annual financial statements .
operating segments are defined as components of an enterprise about which separate financial information is available and evaluated regularly by the chief operating decision maker , or decision-making group , in deciding how to allocate resources and in assessing performance .
eog's chief operating decision-making process is informal and involves the chairman of the board and chief executive officer and other key officers .
this group routinely reviews and makes operating decisions related to significant issues associated with each of eog's major producing areas in the united states , trinidad , the united kingdom and china .
for segment reporting purposes , the chief operating decision maker considers the major united states producing areas to be one operating segment. .

Question: considering the years 2015-2016 , what is variation observed in the number of stocks that were excluded , in millions?
Answer: 0.8
Calculation: subtract(5.3, 4.5)
The following table summarizes our purchase commitments with contract manufacturers and suppliers as of the respective period ends (in millions):
Purchase commitments with contract manufacturers and suppliers decreased by approximately 23% compared to the end of fiscal 2018. On a combined basis, inventories and purchase commitments with contract manufacturers and suppliers decreased by 24% compared with the end of fiscal 2018.
Inventory and supply chain management remain areas of focus as we balance the need to maintain supply chain flexibility to help ensure competitive lead times with the risk of inventory obsolescence because of rapidly changing technology and customer requirements. We believe the amount of our inventory and purchase commitments is appropriate for our revenue levels.
Table:
Commitments by Period | July 27, 2019 | July 28, 2018
Less than 1 year | $4,239 | $5,407
1 to 3 years | 728 | 710
3 to 5 years | — | 360
Total | $4,967 | $6,477


Question: What were the total purchase commitments in 2018?
Answer: 6,477
5.2 Employee share plans (continued)
FY2019, FY2018 & FY2017 offer under LTI Plan
Each LTI Plan share is offered subject to the achievement of the performance measure, which is tested once at the end of the performance period. The LTI Plans will be measured against one performance measure – relative Total Shareholder Return (TSR). LTI Plan shares that do not vest after testing of the relevant performance measure, lapse without retesting.
The shares will only vest if a certain Total Shareholder Return (TSR) relative to the designated comparator group, being the ASX Small Ordinaries Index excluding mining and energy companies, is achieved during the performance period. In relation to the offer, vesting starts where relative TSR reaches the 50th Percentile.
At the 50th Percentile, 50% of LTI Plan shares will vest. All LTI Plan shares will vest if relative TSR is above the 75th Percentile. Between these points, the percentage of vesting increases on a straight-line basis.
Summary of Shares issued under the FY2017 LTI Plan
The following table illustrates the number of, and movements in, shares issued during the year:
Table:
 | 2019 NUMBER | 2018 NUMBER
Outstanding at the beginning of the period | 768,806 | 3,384,696
Granted during the period | - | -
Forfeited during the period | (768,806) | (2,615,890)
Exercised during the period | - | -
Outstanding at the end of the period | - | 768,806


Question: What is the percentage change in the number of forfeited shares during the period from 2018 to 2019?
Answer: -70.61
Calculation: (768,806-2,615,890)/2,615,890
The following table provides the company’s operating (non-GAAP) earnings for 2019 and 2018. See page 46 for additional information.
* 2019 results were impacted by Red Hat purchase accounting and acquisition-related activity.
** Includes charges of $2.0 billion in 2018 associated with U.S. tax reform.
Table:
($ in millions except per share amounts) |  |  | 
For the year ended December 31:* | 2019 | 2018 | Yr.-to-Yr. Percent Change
Net income as reported | $ 9,431 | 8,728* | 8.1%
Income/(loss) from discontinued operations, net of tax | (4) | 5 | NM
Income from continuing operations | $ 9,435 | 8,723* | 8.2%
Non-operating adjustments (net of tax) |  |  | 
Acquisition-related charges | 1,343 | 649 | 107.0
Non-operating retirement-related costs/(income) | 512 | 1,248 | (58.9)
U.S. tax reform charge | 146 | 2,037 | (92.8)
Operating (non-GAAP) earnings | $11,436 | $12,657 | (9.6)%
Diluted operating (non-GAAP) earnings per share | $ 12.81 | $ 13.81 | (7.2)%


Question: In 2019, results were impacted by which activity?
Answer: 2019 results were impacted by Red Hat purchase accounting and acquisition-related activity.
The following table sets forth our 60-month backlog estimate, by reportable segment, as of December 31, 2019; September 30, 2019; June 30, 2019; March 31, 2019; and December 31, 2018 (in millions). The 60-month backlog estimate includes approximately $1.5 billion as a result of the acquisition of Speedpay, which occurred on May 9, 2019. Dollar amounts reflect foreign currency exchange rates as of each period end. This is a non-GAAP financial measure being presented to provide comparability across accounting periods. We believe this measure provides useful information to investors and others in understanding and evaluating our financial performance.
Estimates of future financial results require substantial judgment and are based on several assumptions, as described above. These assumptions may turn out to be inaccurate or wrong for reasons outside of management’s control. For example, our customers may attempt to renegotiate or terminate their contracts for many reasons, including mergers, changes in their financial condition, or general changes in economic conditions in the customer’s industry or geographic location. We may also experience delays in the development or delivery of products or services specified in customer contracts, which may cause the actual renewal rates and amounts to differ from historical experiences. Changes in foreign currency exchange rates may also impact the amount of revenue recognized in future periods. Accordingly, there can be no assurance that amounts included in backlog estimates will generate the specified revenues or that the actual revenues will be generated within the corresponding 60-month period. Additionally, because certain components of Committed Backlog and all of Renewal Backlog estimates are operating metrics, the estimates are not required to be subject to the same level of internal review or controls as contracted but not recognized Committed Backlog.
Table:
 | December 31, 2019 | September 30, 2019 | June 30, 2019 | March 31, 2019 | December 31, 2018
ACI On Premise | $1,977 | $1,925 | $1,880 | $1,861 | $1,875
ACI On Demand | 3,855 | 3,756 | 3,813 | 2,290 | 2,299
Total | $5,832 | $5,681 | $5,693 | $4,151 | $4,174
 | December 31, 2019 | September 30, 2019 | June 30, 2019 | March 31, 2019 | December 31, 2018
Committed | $2,168 | $2,003 | $2,105 | $1,734 | $1,832
Renewal | 3,664 | 3,678 | 3,588 | 2,417 | 2,342
Total | $5,832 | $5,681 | $5,693 | $4,151 | $4,174


Question: What was the difference in committed backlog between December 31 and September 30, 2019?
Answer: 165
Calculation: ($2,168-$2,003)