hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
3.6 PROFIT FOR THE YEAR
(1) Fiscal 2018 was restated to comply with IFRS 15 and to reflect a change in accounting policy as well as to reclassify results from Cogeco Peer 1 as discontinued operations. For further details, please consult the "Accounting policies" and "Discontinued operations" sections.
(2) The non-controlling interest represents a participation of 21% in Atlantic Broadband's results by Caisse de dépôt et placement du Québec ("CDPQ"), effective since the MetroCast acquisition on January 4, 2018.
Fiscal 2019 profit for the year from continuing operations and profit for the year from continuing operations attributable to owners of the Corporation decreased by 7.2% and 9.4%, respectively, as a result of: • last year's $94 million income tax reduction following the United States tax reform; and • the increase in depreciation and amortization mostly related to the impact of the MetroCast acquisition; partly offset by • higher adjusted EBITDA mainly as a result of the impact of the MetroCast acquisition; • the decrease in financial expense; and • the decrease in integration, restructuring and acquisition costs.
Fiscal 2019 profit for the year and profit for the year attributable to owners of the Corporation increased by 20.0% and 18.4%, respectively, mainly due to a profit for the year from discontinued operations of $75.4 million resulting from the sale of Cogeco Peer 1 in the third quarter of fiscal 2019 compared to a loss for the year from discontinued operations of $24.4 million for the prior year in addition to the elements mentioned above.
Table:
Years ended August 31, | 2019 | 2018 (1) | Change
(in thousands of dollars, except percentages and earnings per share) | $ | $ | %
Profit for the year from continuing operations | 356,908 | 384,578 | (7.2)
Profit for the year | 432,288 | 360,197 | 20.0
Profit for the year from continuing operations attributable to owners of the Corporation | 339,973 | 375,214 | (9.4)
Profit for the year attributable to owners of the Corporation | 415,353 | 350,833 | 18.4
Profit for the year from continuing operations attributable to non-controlling interest(2) | 16,935 | 9,364 | 80.9
Basic earnings per share from continuing operations | 6.89 | 7.61 | (9.5)
Basic earnings per share | 8.41 | 7.12 | 18.1


Question: What was the average Profit for the year between 2018 and 2019?
Answer: 396242.5
Calculation: (432,288 + 360,197) / 2
NOTE 21 — QUARTERLY INFORMATION (UNAUDITED)
(a) Reflects the $157 million net charge related to the enactment of the TCJA for the second quarter and the $2.6 billion net income tax benefit related to the intangible property transfers for the fourth quarter, which together increased net income by $2.4 billion for fiscal year 2019. See Note 12 – Income Taxes for further information.
(b) Reflects the net charge related to the enactment of the TCJA and the net income tax benefit related to the intangible property transfers, which decreased (increased) diluted EPS $0.02 for the second quarter, $(0.34) for the fourth quarter, and $(0.31) for fiscal year 2019.
(c) Reflects the net charge (benefit) related to the enactment of the TCJA of $13.8 billion for the second quarter, $(104) million for the fourth quarter, and $13.7 billion for fiscal year 2018.
(d) Reflects the net charge (benefit) related to the enactment of the TCJA, which decreased (increased) diluted EPS $1.78 for the second quarter, $(0.01) for the fourth quarter, and $1.75 for fiscal year 2018.
Table:
(In millions, except per share amounts) |  |  |  |  | 
Quarter Ended | September 30 | December 31 | March 31 | June 30 | Total
Fiscal Year 2019 |  |  |  |  | 
Revenue | $  29,084 | $  32,471 | $  30,571 | $  33,717 | $  125,843
Gross margin | 19,179 | 20,048 | 20,401 | 23,305 | 82,933
Operating income | 9,955 | 10,258 | 10,341 | 12,405 | 42,959
Net income (a) | 8,824 | 8,420 | 8,809 | 13,187 | 39,240
Basic earnings per share | 1.15 | 1.09 | 1.15 | 1.72 | 5.11
Diluted earnings per share (b) | 1.14 | 1.08 | 1.14 | 1.71 | 5.06
Fiscal Year 2018 |  |  |  |  | 
Revenue | $  24,538 | $ 28,918 | $ 26,819 | $ 30,085 | $ 110,360
Gross margin | 16,260 | 17,854 | 17,550 | 20,343 | 72,007
Operating income | 7,708 | 8,679 | 8,292 | 10,379 | 35,058
Net income (loss) (c) | 6,576 | (6,302) | 7,424 | 8,873 | 16,571
Basic earnings (loss) per share | 0.85 | (0.82) | 0.96 | 1.15 | 2.15
Diluted earnings (loss) per share (d) | 0.84 | (0.82) | 0.95 | 1.14 | 2.13


Question: What does Note 12 cover?
Answer: Income Taxes
15. Product Warranties
The Company generally provides its customers with a one-year warranty regarding the manufactured quality and functionality of its products. For some limited products, the warranty period has been extended. The Company establishes warranty reserves based on its product history, current information on repair costs and annual sales levels. As of April 30, 2019, and 2018, respectively, changes in the carrying amount of accrued product warranty costs, reported in accrued expenses on the consolidated balance sheet, were as follows (in thousands):
Table:
 | 2019 | 2018
Balance at beginning of year | $520 | $557
Warranty costs incurred | (398) | (40)
Product warranty accrual | 407 | 3
Balance at end of year | $529 | $520


Question: What is the total warranty costs incurred in 2018 and 2019 altogether?
Answer: 438
Calculation: 398+40
Note 23 Other (Expense) Income, net
The following table provides details of other (expense) income, net:
(1) Cryovac Brasil Ltda., a Sealed Air subsidiary, received a final decision from the Brazilian court regarding a claim in which Sealed Air contended that certain indirect taxes paid were calculated on an incorrect amount. As a result, for the year ended December 31, 2019, we recorded income of $4.8 million to Other, net for a claim of overpaid taxes related to 2015 through 2018.
Table:
 |  | Year Ended December 31, | 
(In millions) | 2019 | 2018 | 2017
Net foreign exchange transaction loss | $ (7.7) | $ (16.7) | $ (5.9)
Bank fee expense | (5.0) | (4.4 ) | (5.8)
Pension income other than service costs | 1.0 | 3.9 | 16.7
Loss on debt redemption and refinancing activities | (16.1) | (1.9 ) | —
Other, net(1) | 8.3 | 1.0 | 1.2
Other (expense) income, net | $ (19.5) | $ (18.1) | $ 6.2


Question: Excluding the net for a claim of overpaid taxes related to 2015 through 2018 for 2019, what is the Other, net for 2019?
Answer: 3.5
Calculation: 8.3-4.8
Selling, general and administrative
Selling, general and administrative expense consists primarily of salaries and other personnel-related costs, professional fees, insurance costs, and other business development and selling expenses.
The following table shows selling, general and administrative expense for the years ended December 31, 2019, 2018, and 2017:
Selling, general and administrative expense in 2019 increased compared to 2018 primarily due to higher employee compensation expense, lower accretion expense in 2018 associated with the reduction in our module collection and recycling liability described above, and higher professional fees.
Table:
 |  | Year Ended |  | Change |  |  | 
(Dollars in thousands) | 2019 | 2018 | 2017 | 2019 over 2018 |  | 2018 over 2017 | 
Selling, general and administrative | $205,471 | $176,857 | $202,699 | $28,614 | 16% | $(25,842) | (13)%
% of net sales . | 6.7% | 7.9% | 6.9% |  |  |  | 


Question: What is the net difference in selling, general and administrative expense between 2019 and 2017?
Answer: 2772
Calculation: 205,471 - 202,699
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (in thousands, except for share and per share data)
NOTE 10 — Contingencies
Certain processes in the manufacture of our current and past products create by-products classified as hazardous waste. We have been notified by the U.S. Environmental Protection Agency, state environmental agencies, and in some cases, groups of potentially responsible parties, that we may be potentially liable for environmental contamination at several sites currently and formerly owned or operated by us. Two of those sites, Asheville, North Carolina and Mountain View, California, are designated National Priorities List sites under the U.S. Environmental Protection Agency’s Superfund program. We accrue a liability for probable remediation activities, claims and proceedings against us with respect to environmental matters if the amount can be reasonably estimated, and provide disclosures including the nature of a loss whenever it is probable or reasonably possible that a potentially material loss may have occurred but cannot be estimated. We record contingent loss accruals on an undiscounted basis.
A roll-forward of remediation reserves included in accrued expenses and other liabilities in the Consolidated Balance Sheets is comprised of the following:
(1) Other activity includes currency translation adjustments not recorded through remediation expense
Unrelated to the environmental claims described above, certain other legal claims are pending against us with respect to matters arising out of the ordinary conduct of our business.
We provide product warranties when we sell our products and accrue for estimated liabilities at the time of sale. Warranty estimates are forecasts based on the best available information and historical claims experience. We accrue for specific warranty claims if we believe that the facts of a specific claim make it probable that a liability in excess of our historical experience has been incurred, and provide disclosures for specific claims whenever it is reasonably possible that a material loss may be incurred which cannot be estimated. We have an outstanding warranty claim for which we have not yet determined the root cause of a product performance issue. Testing is ongoing. We are not able to quantify the potential impact on our operations, if any, because we have not yet determined the root cause.
We cannot provide assurance that the ultimate disposition of environmental, legal, and product warranty claims will not materially exceed the amount of our accrued losses and adversely impact our consolidated financial position, results of operations, or cash flows. Our accrued liabilities and disclosures will be adjusted accordingly if additional information becomes available in the future.
Table:
 |  | Years Ended December 31, | 
 | 2019 | 2018 | 2017
Balance at beginning of period | $11,274 | $17,067 | $18,176
Remediation expense | 2,602 | 1,182 | 307
Remediation payments | (2,455) | (6,967) | (1,416)
Other activity (1) | 23 | (8) | —
Balance at end of the period | $11,444 | $11,274 | $17,067


Question: How many years did Remediation expense exceed $1,000 thousand?
Answer: 2
Calculation: 2019##2018
We completed our qualitative assessment of our indefinite-lived intangible assets other than goodwill as of December 31, 2019 and 2018 and concluded it is more likely than not that our indefinite-lived intangible assets are not impaired; thus, no impairment charge for these assets was recorded in 2019 or 2018.
The following tables show the rollforward of goodwill assigned to our reportable segments from December 31, 2017 through December 31, 2019.
(1) Goodwill is net of accumulated impairment losses of $1.1 billion that related to our former hosting segment now included in our business segment.
(2) We allocated $32 million of Level 3 goodwill to consumer as we expect the consumer segment to benefit from synergies resulting from the business combination. (2) We allocated $32 million of Level 3 goodwill to consumer as we expect the consumer segment to benefit from synergies resulting from the business combination.
(3) Includes $58 million decrease due to effect of foreign currency exchange rate change.
Table:
 | Business | Consumer | Total
 |  | (Dollars in millions) | 
As of December 31, 2017(1) | $20,197 | 10,278 | 30,475
Purchase accounting and other adjustments(2)(3) | 250 | 32 | 282
Impairment | — | (2,726) | (2,726)
As of December 31, 2018 | $20,447 | 7,584 | 28,031


Question: What is goodwill assigned to business as of December 31, 2017?
Answer: $20,197
Acquisition of Fagerdala
On October 2, 2017, the Company acquired Fagerdala Singapore Pte Ltd., a manufacturer and fabricator of polyethylene foam based in Singapore, to join its Product Care division. We acquired 100% of Fagerdala shares for estimated consideration of S$144.7 million, or $106.2 million, net of cash acquired of $13.3 million, inclusive of purchase price adjustments which were finalized in the third quarter of 2018. We acquired Fagerdala to leverage its manufacturing footprint in Asia, experience in foam manufacturing and fabrication and commercial organization to expand our presence across multiple industries utilizing fulfillment to distribute goods.
The following table summarizes the consideration transferred to acquire Fagerdala and the final allocation of the purchase price among the assets acquired and liabilities assumed. price among the assets acquired and liabilities assumed.
Table:
 | Preliminary Allocation | Measurement Period | Final Allocation
(In millions) | As of October 2, 2017 | Adjustments | As of December 31, 2018
Total consideration transferred | $ 106.6 | $ (0.4) | $ 106.2
Assets: |  |  | 
Cash and cash equivalents | 13.3 | — | 13.3
Trade receivables, net | 22.4 | — | 22.4
Inventories, net | 10.0 | 0.1 | 10.1
Prepaid expenses and other current assets | 8.4 | — | 8.4
Property and equipment, net | 23.3 | — | 23.3
Identifiable intangible assets, net | 41.4 | 0.7 | 42.1
Goodwill | 39.3 | (1.5) | 37.8
Total assets | $ 158.1 | $ (0.7) | $ 157.4
Liabilities: |  |  | 
Short-term borrowings | 14.0 | — | 14.0
Accounts payable | 6.9 | — | 6.9
Other current liabilities | 15.1 | (0.1) | 15.0
Long-term debt, less current portion | 3.8 | — | 3.8
Non-current deferred taxes | 11.7 | (0.2) | 11.5
Total liabilities | $ 51.5 | $ (0.3) | $ 51.2


Question: Why was the company acquired in 2017?
Answer: to leverage its manufacturing footprint in Asia, experience in foam manufacturing and fabrication and commercial organization to expand our presence across multiple industries utilizing fulfillment to distribute goods.
2018 Compensation
The following table provides information regarding the total compensation that was earned by each of our non-employee directors in 2018.
(1) The amounts included in the “Stock Awards” column represent the aggregate grant date fair value of RSU awards calculated in accordance with Financial Accounting Standards Board Accounting Standards Codification Topic 718 (“ASC 718”). The amount does not necessarily correspond to the actual value recognized by the non-employee director. The valuation assumptions used in determining such amounts 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.
(2) The amounts included in the “Stock Awards” column representing the annual awards or initial awards, as applicable, granted to our non-employee directors in 2018 are detailed below. Each of these awards vests and settles on the earlier of the first anniversary of the grant date or the date of our Annual Meeting, subject to the director’s continued service through the vesting date.
(3) The amounts included in the “Stock Awards” column representing the awards of RSUs granted to our non-employee directors in lieu of cash retainers in 2018 are described below. Each of these awards vested and settled in full on the grant date.
(4)  As of December 31, 2018, Dr. Simmons also held a fully vested option to purchase 38,000 shares of our Class B common stock.
(5)  As of December 31, 2018, Mr. Viniar also held 8,750 RSUs granted in 2015 to be settled in shares of our Class B common stock, which shares vest in full on the earlier of June 21, 2019 or the 2019 annual meeting subject to Mr. Viniar’s continued service with us through such vesting date. As of December 31, 2018, Mr. Viniar also held a fully vested option to purchase 326,950 shares of our Class B common stock.
Table:
Director | Fees Earned or Paid in Cash($) | Stock Awards ($)(1)(2)(3) | Total ($)
Roelof Botha | — | 305,119 | 305,119
Paul Deighton | 45,000 | 249,998 | 294,998
Randy Garutti | 42,500 | 249,998 | 292,488
James McKelvey | — | 290,041 | 290,041
Mary Meeker | — | 305,119 | 305,119
Anna Patterson | 50,000 | 249,988 | 299,988
Naveen Rao | 45,000 | 249,988 | 294,988
Ruth Simmons (4) | — | 300,132 | 300,132
Lawrence Summers | 50,903 | 249,988 | 300,891
David Viniar (5) | — | 382,610 | 382,610


Question: What is the total compensation earned by Roelof Botha in 2018?
Answer: 305,119
part ii item 5 . market for registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities market price of and dividends on the registrant 2019s common equity and related stockholder matters market information . our class a common stock is quoted on the nasdaq global select market under the symbol 201cdish . 201d the high and low closing sale prices of our class a common stock during 2014 and 2013 on the nasdaq global select market ( as reported by nasdaq ) are set forth below. .

Table:
2014 | high | low
first quarter | $ 62.42 | $ 54.10
second quarter | 65.64 | 56.23
third quarter | 66.71 | 61.87
fourth quarter | 79.41 | 57.96
2013 | high | low
first quarter | $ 38.02 | $ 34.19
second quarter | 42.52 | 36.24
third quarter | 48.09 | 41.66
fourth quarter | 57.92 | 45.68
as of february 13 , 2015 , there were approximately 8208 holders of record of our class a common stock , not including stockholders who beneficially own class a common stock held in nominee or street name .
as of february 10 , 2015 , 213247004 of the 238435208 outstanding shares of our class b common stock were beneficially held by charles w .
ergen , our chairman , and the remaining 25188204 were held in trusts established by mr .
ergen for the benefit of his family .
there is currently no trading market for our class b common stock .
dividends .
on december 28 , 2012 , we paid a cash dividend of $ 1.00 per share , or approximately $ 453 million , on our outstanding class a and class b common stock to stockholders of record at the close of business on december 14 , 2012 .
while we currently do not intend to declare additional dividends on our common stock , we may elect to do so from time to time .
payment of any future dividends will depend upon our earnings and capital requirements , restrictions in our debt facilities , and other factors the board of directors considers appropriate .
we currently intend to retain our earnings , if any , to support future growth and expansion , although we may repurchase shares of our common stock from time to time .
see further discussion under 201citem 7 .
management 2019s discussion and analysis of financial condition and results of operations 2013 liquidity and capital resources 201d in this annual report on form 10-k .
securities authorized for issuance under equity compensation plans .
see 201citem 12 .
security ownership of certain beneficial owners and management and related stockholder matters 201d in this annual report on form 10-k. .

Question: how high did the stock price reach in january to march 2013?
Answer: 38.02
Calculation: table_max(first quarter, none)
2 Investments in subsidiaries
Investments are stated at cost less provisions for any impairment in value.
Additions in the year relate to investments in Gestra Holdings Limited £1.6m and Spirax Sarco America Investments Limited £212.4m. Spirax Sarco America Investments Limited was incorporated on 24th October 2018 with the purpose of holding Group US$ investments and loans. Gestra Holdings Limited was incorporated on 9th October 2018 with the purpose of holding other Gestra Companies.
Details relating to subsidiary undertakings are given on pages 207 to 211. Except where stated all classes of shares were 100% owned by the Group at 31st December 2019. The country of incorporation of the principal Group companies is the same as the country of operation with the exception of companies operating in the United Kingdom which are incorporated in Great Britain. All operate in steam, electrical thermal energy solutions, fluid path technologies or peristaltic pumping markets except those companies identified as a holding company on pages 207 to 211.
Table:
 | 2019 | 2018
 | £m | £m
Cost: |  | 
At 1st January | 445.8 | 269.4
Share options issued to subsidiary company employees | 2.2 | 2.6
Additions | 214.0 | 173.8
At 31st December | 662.0 | 445.8


Question: What made up the Additions in the year of 2019?
Answer: investments in Gestra Holdings Limited £1.6m, Spirax Sarco America Investments Limited £212.4m
Investing Activities. Cash flows (used in) provided by investing activities changed from a source of$65.7 million in 2018 to a use of $13.8 million in 2019. This change of$79.5 million primarily resulted from a decrease of$62.9 million in cash proceeds from the sale of company-operated restaurants, including repayments of notes issued in connection with 2018 refranchising transactions, and an increase of $9.8 million in capital expenditures.
Capital Expenditures — The composition of capital expenditures in each fiscal year is summarized in the table below (in thousands):
Our capital expenditure program includes, among other things, restaurant remodeling, information technology enhancements, and investments in new locations and equipment. In 2019, capital expenditures increased by $9.8 million primarily due to an increase of $16.2 million in purchases of assets intended for sale or sale and leaseback, partially offset by a $8.7 million decrease in restaurant capital maintenance and facility improvement spending mainly from a decrease in the average number of company-operated restaurants compared to the prior year. The increase in purchases of assets intended for sale or sale and leaseback was primarily due to the Company’s purchase of a commercial property in Los Angeles, California, on which an existing company restaurant and another retail tenant are located. The purchase price was $17.3 million, and we currently intend to sell the entire property and lease back the parcel on which our company operated restaurant is located within the next 12 months.
Table:
 | 2019 | 2018
Restaurants: |  | 
Restaurant facility expenditures | $9,202 | $17,949
Purchases of assets intended for sale or sale and leaseback | 21,660 | 5,497
New restaurants | 1,381 | 2,088
Other, including information technology | 3,597 | 7,572
 | 35,840 | 33,106
Corporate Services: |  | 
Information technology | 9,405 | 4,584
Other, including facility improvements | 2,404 | 152
 | 11,809 | 4,736
Total capital expenditures | $47,649 | $37,842


Question: Why was there an increase in purchases of assets intended for sale or sale and leaseback?
Answer: Purchase of a commercial property in Los Angeles, California