hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
the company granted 1020 performance shares . the vesting of these shares is contingent on meeting stated goals over a performance period . beginning with restricted stock grants in september 2010 , dividends are accrued on restricted class a common stock and restricted stock units and are paid once the restricted stock vests . the following table summarizes restricted stock and performance shares activity for 2010 : number of shares weighted average grant date fair value .

Table:
 | number of shares | weighted average grant date fair value
outstanding at december 31 2009 | 116677 | $ 280
granted | 134245 | 275
vested | -34630 ( 34630 ) | 257
cancelled | -19830 ( 19830 ) | 260
outstanding at december 31 2010 | 196462 | 283
the total fair value of restricted stock that vested during the years ended december 31 , 2010 , 2009 and 2008 , was $ 10.3 million , $ 6.2 million and $ 2.5 million , respectively .
eligible employees may acquire shares of cme group 2019s class a common stock using after-tax payroll deductions made during consecutive offering periods of approximately six months in duration .
shares are purchased at the end of each offering period at a price of 90% ( 90 % ) of the closing price of the class a common stock as reported on the nasdaq .
compensation expense is recognized on the dates of purchase for the discount from the closing price .
in 2010 , 2009 and 2008 , a total of 4371 , 4402 and 5600 shares , respectively , of class a common stock were issued to participating employees .
these shares are subject to a six-month holding period .
annual expense of $ 0.1 million for the purchase discount was recognized in 2010 , 2009 and 2008 , respectively .
non-executive directors receive an annual award of class a common stock with a value equal to $ 75000 .
non-executive directors may also elect to receive some or all of the cash portion of their annual stipend , up to $ 25000 , in shares of stock based on the closing price at the date of distribution .
as a result , 7470 , 11674 and 5509 shares of class a common stock were issued to non-executive directors during 2010 , 2009 and 2008 , respectively .
these shares are not subject to any vesting restrictions .
expense of $ 2.4 million , $ 2.5 million and $ 2.4 million related to these stock-based payments was recognized for the years ended december 31 , 2010 , 2009 and 2008 , respectively. .

Question: what is the performance shares granted as a percent of the total number of granted shares in 2010?
Answer: 0.76%
Calculation: divide(1020, 134245)
Cash and Cash Equivalents
Highly liquid instruments purchased with original maturities of three months or less are considered cash equivalents. Cash equivalents are invested with high credit quality financial institutions and consist of short-term investments, such as demand deposit accounts, money market accounts, money market funds and time deposits. The carrying amounts of these instruments reported in the Consolidated Balance Sheets approximate their fair value because of their immediate or short-term maturities.
Cash and cash equivalents are unrestricted and include the following (in millions):
Table:
 | December 31, | 
 | 2019 | 2018
Cash | $8.2 | $9.5
Cash equivalents | 7.2 | 10.8
Cash and cash equivalents | $15.4 | $20.3


Question: Which years does the table provide information for the company's Cash and cash equivalents are unrestricted?
Answer: 2019, 2018
ADVANCED ENERGY INDUSTRIES, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS – (continued) (in thousands, except per share amounts)
The following table summarizes the estimated preliminary fair values of the assets acquired and liabilities assumed from the acquisition in 2019:
Table:
 | Preliminary: September 10, 2019 | Measurement Period Adjustments | Preliminary: December 31, 2019
Accounts and other receivable, net | $  128,221 | $  - | $  128,221
Inventories | 140,678 | (900) | 139,778
Property and equipment | 65,016 | (1,984) | 63,032
Operating lease right-of-use assets | 60,217 | (144) | 60,073
Goodwill | 143,262 | (30,222) | 113,040
Intangible assets | 125,000 | (1,000) | 124,000
Deferred income tax assets | 14,767 | (14,767) | —
Other assets | 61,511 | 2,507 | 64,018
Total assets acquired | 738,672 | (46,510) | 692,162
Accounts payable | 144,652 | 50 | 144,702
Operating lease liability | 59,634 | 477 | 60,111
Pension liability | 48,494 | 192 | 48,686
Deferred income tax liabilities | 37,218 | (31,372) | 5,846
Other liabilities | 80,876 | (9,312) | 71,564
Total liabilities assumed | 370,874 | (39,965) | 330,909
Total fair value of net assets acquired | $367,798 | $  (6,545) | $361,253


Question: What was the Preliminary percentage change of total fair value of net assets acquired between September and December 2019?
Answer: -1.78
Calculation: ($361,253-$367,798)/$367,798
6 Other assets (continued)
(a) Security deposits
Included in the security deposits was $8.8 million (2018: $4.2 million) relating to deposits held as security for bank guarantees.
(b) Customer incentives
Where customers are offered incentives in the form of free or discounted periods, the dollar value of the incentive is capitalised and amortised on a straight-line basis over the expected life of the contract.
(c) Contract Costs
From 1 July 2018, eligible costs that are expected to be recovered will be capitalised as a contract cost and amortised over the expected customer life.
Table:
 |  | 30 June 2019 | 30 June 2018
 | Note | $'000 | $'000
CURRENT |  |  | 
Prepayments |  | 2,631 | 3,827
Capitalised transaction costs |  | 1,496 | -
Security deposits | 6(a) | 8,822 | 4,151
Customer incentives | 6(b) | 625 | 764
Other current assets |  | 412 | 412
Contract costs 6(c) | 6(c) | 446 | -
Total other assets - current |  | 14,432 | 9,154


Question: How much was the security deposits in 2019?
Answer: 8,822
Group Value Added Statements
Note:
(1) FY 2018 included the gain on disposal of economic interest in NetLink Trust of S$2.03 billion.
Table:
 | FY 2019 | FY 2018
 | S$ million | S$ million
Value added from: |  | 
Operating revenue | 17,372 | 17,268
Less: Purchases of goods and services | (10,307) | (9,716)
 | 7,065 | 7,552
Other income | 225 | 259
Interest and investment income (net) | 38 | 45
Share of results of associates (post-tax) | 1,563 | 1,804
Exceptional items (1) | 68 | 1,895
 | 1,894 | 4,003
Total value added | 8,959 | 11,555
Distribution of total value added |  | 
To employees in wages, salaries and benefits | 2,597 | 2,760
To government in income and other taxes | 675 | 703
To providers of capital on: |  | 
- Interest on borrowings | 393 | 390
- Dividends to shareholders | 2,857 | 3,346
Total distribution | 6,522 | 7,199
Retained in business |  | 
Depreciation and amortisation | 2,222 | 2,250
Retained profits | 238 | 2,127
Non-controlling interests | (23) | (21)
 | 2,437 | 4,356
Total value added | 8,959 | 11,555
Average Number of employees | 24,071 | 25,614


Question: What was the value of retained profits in FY 2018?
Answer: 2,127
Strategic Innovation-focused Investment of Capital
We target markets that have the potential for above-average growth and profit margins where domain expertise, innovation, technical competency and contracting dynamics can help to create meaningful barriers to entry. We will strategically reinvest our cash in key program captures, internal research and development (R&D), and acquisitions to target priority markets and help ensure market leading positions to drive long-term shareholder return.
We are committed to using innovation and technology to address our customers’ most pressing problems and demanding requirements. We have made meaningful and recognized contributions to technological advancements within our industries.
The cost of company-sponsored R&D activities included in our Consolidated Statements of Operations are as follows (in thousands):
Table:
 |  | Years Ended September 30, | 
 | 2019 | 2018 | 2017
Company-Sponsored Research and Development Expense: |  |  | 
Cubic Transportation Systems | $  10,948 | $  13,394 | $  26,308
Cubic Mission Solutions | 27,111 | 22,745 | 11,949
Cubic Global Defense | 10,573 | 16,259 | 14,395
Unallocated corporate expenses | 1,500 | — | —
Total company-sponsored research and development expense | $  50,132 | $  52,398 | $  52,652


Question: What is the change in the total company-sponsored research and development expense in 2019 from 2018?
Answer: -2266
Calculation: 50,132-52,398
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (in thousands, except for share and per share data)
The components of the accrued cost of the post-retirement life insurance plan are classified in the following lines in the Consolidated Balance Sheets at December 31:
Table:
 | Post-Retirement Life Insurance Plan | 
 | 2019 | 2018
Accrued expenses and other liabilities | $(393) | $(407)
Long-term pension obligations | (4,373) | (4,188)
Total accrued cost | $(4,766) | $(4,595)


Question: What was the total accrued cost in 2019?
Answer: (4,766)
19. Inventories
Note
1. Finished goods in 2018 includes $1.8 million relating to deferred costs which has been reclassified from trade and other receivables; see note 2 for further details.
An expense of $1.6 million (2018 $0.1 million) has been charged to the income statement in the year for inventory write-downs. There were no reversals of prior period inventory write-downs (2018 nil).
No inventories are carried at fair value less costs to sell (2018 nil).
Table:
 | 2019 | 2018
 | $ million | $ million
Raw materials | 4.8 | 6.6
Work in progress | 1.2 | 1.2
Finished goods¹ | 14.6 | 19.7
 | 20.6 | 27.5


Question: What does Finished goods in 2018 include?
Answer: $1.8 million relating to deferred costs which has been reclassified from trade and other receivables
Fair Value of Financial Instruments
The carrying amounts of cash and cash equivalents, trade accounts receivable, prepaid expenses and other current assets, accounts payable and accrued expenses approximate fair value because of the short-term nature of these financial instruments. The carrying amounts of borrowings under credit facilities and under loans approximates fair value as interest rates on these instruments approximates current market rates.
Notes payable and long-term debt is carried at amortized cost; however, the Company estimates the fair value of notes payable and long-term debt for disclosure purposes. The following table presents the carrying amounts and fair values of the Company’s notes payable and long-term debt, by hierarchy level as of the periods indicated:
(1) The fair value estimates are based upon observable market data.
(2) This fair value estimate is based on the Company’s indicative borrowing cost derived from discounted cash flows.
Refer to Note 9 – “Postretirement and Other Employee Benefits” for disclosure surrounding the fair value of the Company’s pension plan assets.
Table:
 |  | August 31, 2019 |  | August 31, 2018 | 
(in thousands) | Fair Value Hierarchy | Carrying Amount | Fair Value | Carrying Amount | Fair Value
Notes payable and long-term debt: (Note 8) |  |  |  |  | 
5.625% Senior Notes | Level 2(1) | $398,886 | $416,000 | $397,995 | $415,704
4.700% Senior Notes | Level 2(1) | 498,004 | 525,890 | 497,350 | 503,545
4.900% Senior Notes | Level 3(2) | 299,057 | 318,704 | 298,814 | 306,535
3.950% Senior Notes | Level 2(1) | 494,825 | 509,845 | 494,208 | 476,010


Question: What was the carrying amount in the 5.625% Senior Notes in 2019?
Answer: $398,886
Net revenues by geographical region
Percentage of revenue by geographic region as presented below is based on the billing location of the customer.
Percentages may not add to 100% due to rounding.
The Americas include U.S., Canada, and Latin America; EMEA includes Europe, Middle East, and Africa; APJ includes Asia Pacific and Japan.
Table:
 | Fiscal Year | 
 | 2019 | 2018
Americas | 64% | 63%
EMEA | 21% | 22%
APJ | 15% | 16%


Question: How is geographical location of the customer determined?
Answer: based on the billing location of the customer
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 is the cost of investment at the end of 2019?
Answer: 662.0
SG&A costs during fiscal 2018 were $222.0 million, an increase of $5.7 million compared to the $216.3 million of SG&A during fiscal 2017. The following table shows the components of SG&A costs for the twelve months ended October 31, 2018 and 2017.
Regarding the table above, the change in start-up expense in any particular period relates to the stage of the start-up process in which a facility under construction is in during the period. Non-construction related expenses, such as labor, training and office-related expenses for a facility under construction are recorded as start-up expense until the facility begins operations. As a facility moves closer to actual start-up, the expenses incurred for labor, training, etc. increase. As a result, amounts classified as start-up expenses will increase period over period until the facility begins production. Once production begins, the expenses from that point forward are recorded as costs of goods sold. The increase in legal expenses was primarily attributable to our ongoing defense of the litigation described in “Part II, Item 3. Legal Proceedings” of this Form 10-K. The increases in trainee expense and administrative salaries were primarily attributable to increases in personnel that coincide with the Company's growth plans. The decrease in bonus expense, payouts of which are based on profitability, was the result of profitability not reaching the required levels for payout of that incentive. The decrease in ESOP expense, payouts of which are based on profitability, was attributable to the difference in the level of profitability between fiscal 2018 and 2017. The increase in all other SG&A expenses was the result of a net increase in various other categories of SG&A costs.
Table:
Selling, General and Administrative Costs (in thousands) |  |  | 
Description | Twelve months ended October 31, 2018 | Twelve months ended October 31, 2017 | Increase/(Decrease) 
Start-up expense (Tyler, Texas complex)  | $13,394 | $403 | $ 12,991
Legal services expense  | 17,573 | 7,879 | 9,694
All other SG&A  | 68,863 | 61,847 | 7,016
Administrative salary expense | 42,288 | 36,193 | 6,095
Trainee expense  | 21,553 | 16,182 | 5,371
Charter aircraft expense | 2,167 | 900 | 1,267
Depreciation expense - machinery and equipment  | 5,801 | 4,555 | 1,246
Stock compensation expense  | 15,702 | 16,952 | (1,250)
Marketing expense | 32,624 | 34,272 | (1,648)
Start-up expense (St. Pauls, North Carolina complex)  | — | 4,022 | (4,022)
Bonus award program expense  | — | 15,098 | (15,098)
Employee Stock Ownership Plan ("ESOP") expense | 2,000 | 18,000 | (16,000)
Total SG&A  | $221,965 | $216,303 | $ 5,662


Question: What is the average Employee Stock Ownership Plan ("ESOP") expense for fiscal years 2018 and 2017?
Answer: 10000
Calculation: (2,000+18,000)/2
note 9 2014 benefit plans the company has defined benefit pension plans covering certain employees in the united states and certain international locations . postretirement healthcare and life insurance benefits provided to qualifying domestic retirees as well as other postretirement benefit plans in international countries are not material . the measurement date used for the company 2019s employee benefit plans is september 30 . effective january 1 , 2018 , the legacy u.s . pension plan was frozen to limit the participation of employees who are hired or re-hired by the company , or who transfer employment to the company , on or after january 1 , net pension cost for the years ended september 30 included the following components: .

Table:
( millions of dollars ) | pension plans 2019 | pension plans 2018 | pension plans 2017
service cost | $ 134 | $ 136 | $ 110
interest cost | 107 | 90 | 61
expected return on plan assets | ( 180 ) | ( 154 ) | ( 112 )
amortization of prior service credit | ( 13 ) | ( 13 ) | ( 14 )
amortization of loss | 78 | 78 | 92
settlements | 10 | 2 | 2014
net pension cost | $ 135 | $ 137 | $ 138
net pension cost included in the preceding table that is attributable to international plans | $ 32 | $ 34 | $ 43
net pension cost included in the preceding table that is attributable to international plans $ 32 $ 34 $ 43 the amounts provided above for amortization of prior service credit and amortization of loss represent the reclassifications of prior service credits and net actuarial losses that were recognized in accumulated other comprehensive income ( loss ) in prior periods .
the settlement losses recorded in 2019 and 2018 primarily included lump sum benefit payments associated with the company 2019s u.s .
supplemental pension plan .
the company recognizes pension settlements when payments from the supplemental plan exceed the sum of service and interest cost components of net periodic pension cost associated with this plan for the fiscal year .
as further discussed in note 2 , upon adopting an accounting standard update on october 1 , 2018 , all components of the company 2019s net periodic pension and postretirement benefit costs , aside from service cost , are recorded to other income ( expense ) , net on its consolidated statements of income , for all periods presented .
notes to consolidated financial statements 2014 ( continued ) becton , dickinson and company .

Question: what is the percentage increase in service costs from 2017 to 2018?
Answer: 23.64%
Calculation: subtract(136, 110), divide(#0, 110)
45. Contingent liabilities
Contingent liabilities from guarantee and warranty contracts are primarily rent guarantees with terms of up to 10 years if utilisation is not considered entirely unlikely.
Table:
€ million | 30/9/2018 | 30/9/2019
Contingent liabilities from guarantee and warranty contracts | 18 | 17
Contingent liabilities from the provision of collateral for third-party liabilities | 9 | 12
Other contingent liabilities | 0 | 1
 | 27 | 30


Question: In which year were contingent liabilities larger?
Answer: 2019
Calculation: 30>27
Disaggregated Revenue
The Company has disaggregated revenue from contracts with customers into categories which depict how the nature, amount, timing and uncertainty of revenue and cash flows are affected by economic factors. Consequently, the disaggregation below is based on contract type.
Since the terms within these contract types are generally standard in nature, the Company does not believe that further disaggregation would result in increased insight into the economic factors impacting revenue and cash flows.
The following table shows the Company's shipping revenues disaggregated by nature of the charter arrangement for the years ended December 31, 2019 and 2018:
(1) Voyage charter revenues include approximately $10,152 and $7,600 of revenue related to short-term time charter contracts for the years ended December 31, 2019 and 2018, respectively.
Table:
 | Years Ended December 31, | 
 | 2019 | 2018
Time and bareboat charter revenues | $263,683 | $213,923
Voyage charter revenues(1) | 33,275 | 83,542
Contracts of affreightment revenues | 58,589 | 68,698
Total shipping revenues | $355,547 | $366,163


Question: Does the company believe that believe that further disaggregation would result in increased insight into the economic factors?
Answer: the Company does not believe that further disaggregation would result in increased insight into the economic factors impacting revenue and cash flows.
NAVIOS MARITIME HOLDINGS INC. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Expressed in thousands of U.S. dollars — except share data)
NOTE 8: INTANGIBLE ASSETS/LIABILITIES OTHER THAN GOODWILL
Net Book Value of Intangible Assets other than Goodwill as at December 31, 2018
(**) During the year ended December 31, 2018, acquisition costs of $1,150 of favorable lease terms were capitalized as part of the cost of one vessel due to the exercise of the purchase option (See also Note 2(n)). As of December 31, 2018, intangible assets associated with the favorable lease terms included an amount of $31,342 associated with the favorable lease terms of certain charter out contracts of Navios Containers which were recognized as of November 30, 2018 (see Note 3). During the year ended December 31, 2017, acquisition costs of $10,398 and accumulated amortization of $7,001 of favorable lease terms were considered impaired and were written off resulting in a loss of $3,397 included in the statement of comprehensive (loss)/income within the caption of “Impairment loss/ loss on sale of vessels, net”.
Table:
 | Acquisition Cost | Accumulated Amortization | Transfer/ Write off | Net Book Value December 31, 2018
Trade name | $100,420 | $(47,966) | $— | $52,454
Port terminal operating rights | 53,152 | (11,838) | — | 41,314
Customer relationships | 35,490 | (19,520) | — | 15,970
Favorable lease terms(**) | 32,492 | (2,143) | (1,150) | 29,199
Total Intangible assets | $221,554 | $(81,467) | $(1,150) | $138,937


Question: What was the acquisition cost of Port terminal operating rights?
Answer: 53,152