hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
Base Salary
Base salary for our named executive officers is the fixed component of our executive compensation program. We use base salary to compensate our named executive officers for services rendered during the year and to recognize the experience, skills, knowledge and responsibilities required of each named executive officer. We apply no specific formula to determine adjustments to base salary. Adjustments to base salary have been made to reflect our economic condition and future expected performance. We continue to provide base salaries that are conservative relative to competitive market pay levels.
In April 2018, our compensation committee reviewed the base salaries of Mses. Friar, Henry, Reses and Whiteley, taking into consideration a competitive market analysis performed by Compensia, the recommendations of our CEO and our then-current People Lead, the desire to retain our highly qualified executive team and the other factors described above. Following this review, our compensation committee approved an increase in the annual base salary levels for Mses. Friar, Henry, Reses and Whiteley to $400,000, in each case effective as of April 1, 2018, in order to improve competitive alignment with our peers. In addition, our compensation committee determined that it was appropriate to leave our CEO’s 2018 base salary level at $2.75 per year, at the request of our CEO and with compensation committee approval.
The annualized base salaries of our named executive officers as of December 31, 2018 compared to December 31, 2017 were:
(1) Ms. Friar resigned from her position as Chief Financial Officer, effective as of November 16, 2018, at which time her annual base salary was $400,000.
(2) Ms. Whiteley was appointed to General Counsel and Corporate Secretary effective March 18, 2018, and her salary was adjusted to reflect her promotion to this role.
(3) The base salaries of Messrs. Daswani and Murphy were not adjusted in conjunction with their service as interim co-CFOs. Salary adjustments for Messrs. Daswani and Murphy made in April 2018, prior to their becoming named executive officers, were made as part of the company-wide compensation review program. Their salary adjustments were recommended by their direct manager and approved by the then-current People Lead. Messrs. Daswani and Murphy’s annualized base salaries at the time of their appointment as interim co-CFOs were $300,000 and $295,000, respectively.
Table:
Named Executive Officer | Annual Base Salary as of December 31, 2017 | Annual Base Salary as of December 31, 2018 | Percentage Increase
Mr. Dorsey | $2.75 | $2.75 | 0%
Ms. Friar (1) | $350,000 | $N/A | N/A
Ms. Henry | $350,000 | $400,000 | 14%
Ms. Reses | $350,000 | $400,000 | 14%
Ms. Whiteley (2) | $325,000 | $400,000 | 23%
Mr. Daswani (3) | $280,000 | $300,000 | 7%
Mr. Murphy (3) | $270,000 | $295,000 | 9%


Question: What is the difference in annual base salary in 2017 between Mr. Daswani and Mr. Murphy?
Answer: 10000
Calculation: 280,000-270,000
The following table summarizes net revenues by significant product and services categories:
Endpoint and information protection products include endpoint security, advanced threat protection, and information protection solutions and their related support services. Network and web security products include network security, web security, and cloud security solutions and their related support services. WSS and PKI products consist of the solutions we divested on October 31, 2017. Other products and services primarily consist of email security products, managed security services, consulting, and other professional services.
Consumer security products include Norton security, Norton Secure VPN, and other consumer security solutions. Identity and information protection products include LifeLock identity theft protection and other information protection solutions.
Products and service revenue information
Table:
 |  | Year Ended | 
(in millions) | March 29, 2019 | March 30, 2018 | March 31, 2017
Enterprise Security: |  |  | 
Endpoint and information protection | $1,027 | $983 | $947
Network and web security | 748 | 782 | 451
WSS and PKI | - | 238 | 422
Other products and services | 548 | 551 | 535
Total Enterprise Security | $2,323 | $2,554 | $2,355
Consumer Cyber Safety: |  |  | 
Consumer security | $1,471 | $1,504 | $1,527
Identity and information protection | 937 | 776 | 137
Total Consumer Cyber Safety | 2,408 | 2,280 | 1,664
Total net revenues | $4,731 | $4,834 | $4,019


Question: For year ended march 29, 2019, what is Total Enterprise Security expressed as a percentage of Total net revenues?
Answer: 49.1
Calculation: 2,323/4,731
NOTE 6. ACCOUNTS RECEIVABLE AND REVENUES
Amounts billed and due from our customers are classified as accounts receivables on our consolidated balance sheets and require
payment on a short-term basis. Invoices are generally issued at the point control transfers and substantially all of our invoices are due
within 30 days or less, however certain customers have terms of up to 120 days. For substantially all of our contracts, control of the
ordered product(s) transfers at our location. Periodically, we require payment prior to the point in time we recognize revenue. Amounts
received from customers prior to revenue recognition on a contract are contract liabilities, are classified as customer prepayments liability on our consolidated balance sheets and are typically applied to an invoice within 30 days of the prepayment. Revenues in 2019 include $0.1 million in unearned revenue as of December 31, 2018, and in 2018 include less than $0.1 million in unearned revenue as of
January 1, 2018.
Our accounts receivable potentially subject us to significant concentrations of credit risk. Revenues and accounts receivable from significant customers (customers with revenue or accounts receivable in excess of 10% of consolidated totals) are stated below as a percent of consolidated totals.
Table:
 |  |  | Customer |  | 
 | A | B | C | D | E
% of revenue, 2019 | 11% | 9% | 16% | 3% | 2%
% of revenue, 2018 | 17% | 14% | 1% | 4% | -%
% of accounts receivable, as of December 31, 2019 | 10% | 8% | 31% | -% | 10%
% of accounts receivable, as of December 31, 2018 | 13% | -% | 16% | 14% | -%


Question: What is the change in the amount of accounts receivable as a percentage of revenue from customer B between 2018 and 2019?
Answer: -5
Calculation: 9 - 14
Sales and Distribution
We maintain a strong local presence in each of the geographic regions in which we operate. Our net sales by geographic region(1) as a percentage of our total net sales were as follows:
(1) Net sales to external customers are attributed to individual countries based on the legal entity that records the sale.
We sell our products into approximately 150 countries primarily through direct selling efforts to manufacturers. In fiscal 2019, our direct sales represented approximately 80% of total net sales. We also sell our products indirectly via third-party distributors.
We maintain distribution centers around the world. Products are generally delivered to the distribution centers by our manufacturing facilities and then subsequently delivered to the customer. In some instances, however, products are delivered directly from our manufacturing facility to the customer. Our global coverage positions us near our customers’ locations and allows us to assist them in consolidating their supply base and lowering their production costs. We contract with a wide range of transport providers to deliver our products globally via road, rail, sea, and air. We believe our balanced sales distribution lowers our exposure to any particular geography and improves our financial profile.
Table:
 |  | Fiscal | 
 | 2019 | 2018 | 2017
Europe/Middle East/Africa (“EMEA”) | 36 % | 38 % | 36 %
Asia–Pacific | 33 | 34 | 35
Americas | 31 | 28 | 29
Total | 100 % | 100 % | 100 %


Question: What was the change in percentage in Americas in 2019 from 2018?
Answer: 3
Calculation: 31-28
NOTE 3 – STAFF COSTS
Employee information
The majority of the staff on vessels are not employed by TORM. Staff costs included in operating expenses relate to the 108 seafarers (2018: 112, 2017: 131).
The average number of employees is calculated as a full-time equivalent (FTE).
The Executive Director is, in the event of termination by the Company, entitled to a severance payment of up to 12 months' salary.
Table:
USDm | 2019 | 2018 | 2017
Total staff costs |  |  | 
Staff costs included in operating expenses | 8.1 | 9.3 | 9.2
Staff costs included in administrative expenses | 37.7 | 36.9 | 34.6
Total | 45.8 | 46.2 | 43.8
Staff costs comprise the following |  |  | 
Wages and salaries | 37.2 | 38.1 | 36.4
Share-based compensation | 1.9 | 2.1 | 1.9
Pension costs | 3.5 | 3.3 | 3.1
Other social security costs | 0.9 | 0.6 | 0.3
Other staff costs | 2.3 | 2.1 | 2.1
Total | 45.8 | 46.2 | 43.8
Average number of permanent employees |  |  | 
Seafarers | 107.6 | 111.7 | 130.6
Land-based | 313.5 | 302.2 | 286.6
Total | 421.1 | 413.9 | 417.2


Question: What are the staff costs included in operating expenses related to?
Answer: the 108 seafarers (2018: 112, 2017: 131).
Issuer purchases of equity securities
Common stock repurchased in the three months ended December 31, 2019:
(1) Shares withheld to cover the option exercise price and tax withholding obligations under the net settlement provisions of our stock compensation awards have been included in these amounts.
(2) See "Stock repurchase program" in Item 7 of this Annual Report for additional information.
Table:
(in thousands, except per share amounts) | Total Number of Shares Purchased (1) (2) | Average Price Paid per Share (1) (2) | Total Number of Shares Purchased as Part of Publicly Announced Share Repurchase Program (2) | Approximate Dollar Value of Shares That May Yet Be Purchased at Period End Under Publicly Announced Share Repurchased Programs (2)
October 1, 2019 - October 31, 2019 | 24 | $71.89 | 12 | $45,484
November 1, 2019 - November 30, 2019 | 108 | $75.63 | - | $45,484
December 1, 2019 - December 31, 2019 | 144 | $76.64 | - | $45,484
Total | 276 | $75.83 |  | 


Question: What percentage of the total shares purchased in the last three months of 2019 are bought in November?
Answer: 39.13
Calculation: 108/276
Note 15. Stock-Based Compensation
Stock-based compensation expense is included in the following line items in the consolidated statements of operations (in thousands):
Table:
 |  | Year Ended December 31, | 
Stock-based compensation expense data: | 2019 | 2018 | 2017
Sales and marketing | $2,075 | $1,196 | $561
General and administrative | 6,474 | 4,901 | 2,638
Research and development | 12,054 | 7,332 | 4,214
Total stock-based compensation expense | $20,603 | $13,429 | $7,413


Question: What was the Research and development in 2017?
Answer: 4,214
Contractual Obligations
The following table presents the payments due by fiscal year for our outstanding contractual obligations as of December 31, 2019 (in thousands):
(1) Includes estimated cash interest to be paid over the remaining terms of the underlying debt. Interest payments are based on fixed and floating rates as of December 31, 2019.
(2) Purchase obligations represent agreements to purchase goods or services, including open purchase orders and contracts with fixed volume commitments, that are noncancelable or cancelable with a significant penalty. Purchase obligations for our long-term supply agreements for the purchase of substrate glass and cover glass represent specified termination penalties, which are up to $430 million in the aggregate under the agreements. Our actual purchases under these supply agreements are expected to be approximately $2.4 billion of substrate glass and $500 million of cover glass.
(3) In connection with business or project acquisitions, we may agree to pay additional amounts to the selling parties upon achievement of certain milestones. See Note 14. “Commitments and Contingencies” to our consolidated financial statements for further information.
(4) Transition tax obligations represent estimated payments for U.S. federal taxes associated with accumulated earnings and profits of our foreign corporate subsidiaries. See Note 18. “Income Taxes” to our consolidated financial statements for further information.
(5) Includes expected letter of credit fees and unused revolver fees.
We have excluded $72.2 million of unrecognized tax benefits from the amounts presented above as the timing of such obligations is uncertain.
Table:
 |  |  | Payments Due by Year |  | 
 |  | Less Than | 1 - 3 | 3 - 5 | More Than
 | Total | 1 Year | Years | Years | 5 Years
Long-term debt obligations | $482,892 | $17,684 | $98,571 | $37,496 | $329,141
Interest payments (1) . | 168,040 | 17,276 | 29,533 | 27,409 | 93,822
Operating lease obligations | 162,913 | 15,153 | 28,771 | 26,708 | 92,281
Purchase obligations (2) . | 1,424,267 | 900,200 | 221,888 | 187,277 | 114,902
Recycling obligations . | 137,761 | — | — | — | 137,761
Contingent consideration (3) . | 6,895 | 2,395 | 4,500 | — | —
Transition tax obligations (4) . | 76,667 | 6,620 | 14,747 | 32,259 | 23,041
Other obligations (5) . | 10,527 | 2,933 | 5,164 | 2,430 | —
Total . | $2,469,962 | $962,261 | $403,174 | $313,579 | $790,948


Question: What percentage of the total contractual obligations is made up of total long-term debt obligations?
Answer: 19.55
Calculation: 482,892/2,469,962
The total annual compensation of the Supervisory Board members is as follows:
Supervisory Board Compensation
The Supervisory Board members do not receive any share-based payment for their services. As far as members who are employee representatives on the Supervisory Board receive share-based payment, such compensation is for their services as employees only and is unrelated to their status as members of the Supervisory Board.
Table:
€ thousands | 2019 | 2018 | 2017
Total compensation | 3,770 | 3,702 | 3,663
Thereof fixed compensation | 3,218 | 3,162 | 3,135
Thereof committee remuneration | 553 | 540 | 528


Question: What was the change in the amount Thereof committee remuneration in 2019 from 2018?
Answer: 13
Calculation: 553-540
Annual Recurring Revenue
Beginning with the fourth quarter of 2018, we began monitoring a new operating metric, total annual recurring revenue (“Total ARR”), which is defined as the annualized value of all recurring revenue contracts active at the end of a reporting period. Total ARR includes the annualized value of subscriptions (“Subscription ARR”) and the annualized value of software support contracts related to perpetual licenses (“Perpetual license support ARR”) active at the end of a reporting period and does not include revenue reported as perpetual license or professional services in our consolidated statement of operations. We are monitoring these metrics because they align with how our customers are increasingly purchasing our solutions and how we are managing our business. These ARR measures should be viewed independently of revenue, unearned revenue, and customer arrangements with termination rights as ARR is an operating metric and is not intended to be combined with or replace those items. ARR is not an indicator of future revenue and can be impacted by contract start and end dates and renewal rates.
ARR metrics as of December 31, 2019 and 2018 were as follows (unaudited):
Table:
 | December 31, | 
(in millions, except percentages) | 2019 | 2018
Total ARR | $179.5 | $162.6
Year-over-year percentage increase | 10% | 20%
Subscription ARR | $113.9 | $95.9
Year-over-year percentage increase | 19% | 32%
Perpetual license support ARR | $65.6 | $66.7
Year-over-year percentage increase (decrease) | (2)% | 6%


Question: What was the percentage change in the perpetual license support ARR from 2018 to 2019?
Answer: -1.65
Calculation: (65.6-66.7)/66.7
GasLog Ltd. and its Subsidiaries
Notes to the consolidated financial statements (Continued)
For the years ended December 31, 2017, 2018 and 2019
(All amounts expressed in thousands of U.S. Dollars, except share and per share data)
Credit risk
Credit risk is the risk that a counterparty will fail to discharge its obligations and cause a financial loss and arises from cash and cash equivalents, short-term investments, favorable derivative financial instruments and deposits with banks and financial institutions, as well as credit exposures to customers, including trade and other receivables, dividends receivable and other amounts due from related parties. The Group is exposed to credit risk in the event of non-performance by any of its counterparties. To limit this risk, the Group currently deals primarily with financial institutions and customers with high credit ratings.
For the year ended December 31, 2019, 70.0% of the Group’s revenue was earned from Shell (December 31, 2018 and December 31, 2017, 74.2% and 92.6%, respectively) and accounts receivable were not collateralized; however, management believes that the credit risk is partially offset by the creditworthiness of the Group’s counterparties. BG Group was acquired by Shell on February 15, 2016. This acquisition does not impact the contractual obligations under the existing charter party agreements. The Group did not experience significant credit losses on its accounts receivable portfolio during the three years ended December 31, 2019. The carrying amount of financial assets recorded in the consolidated financial statements represents the Group’s maximum exposure to credit risk. Management monitors exposure to credit risk, and they believe that there is no substantial credit risk arising from the Group’s counterparties.
The credit risk on liquid funds and derivative financial instruments is limited because the counterparties are banks with high credit ratings assigned by international credit-rating agencies.
Table:
 | As of December 31, | 
 | 2018 | 2019
Cash and cash equivalents | 342,594 | 263,747
Short-term investments | 25,000 | 4,500
Trade and other receivables | 20,244 | 24,900
Dividends receivable and other amounts due from related parties | 33,395 | 573
Derivative financial instruments | 15,188 | 4,001


Question: Which year was the cash and cash equivalents higher?
Answer: 2018
Calculation: 342,594 > 263,747
shareowner return performance graph the following performance graph and related information shall not be deemed 201csoliciting material 201d or to be 201cfiled 201d with the sec , nor shall such information be incorporated by reference into any future filing under the securities act of 1933 or securities exchange act of 1934 , each as amended , except to the extent that the company specifically incorporates such information by reference into such filing . the following graph shows a five year comparison of cumulative total shareowners 2019 returns for our class b common stock , the standard & poor 2019s 500 index , and the dow jones transportation average . the comparison of the total cumulative return on investment , which is the change in the quarterly stock price plus reinvested dividends for each of the quarterly periods , assumes that $ 100 was invested on december 31 , 2010 in the standard & poor 2019s 500 index , the dow jones transportation average , and our class b common stock. .

Table:
 | 12/31/2010 | 12/31/2011 | 12/31/2012 | 12/31/2013 | 12/31/2014 | 12/31/2015
united parcel service inc . | $ 100.00 | $ 103.88 | $ 107.87 | $ 158.07 | $ 171.77 | $ 160.61
standard & poor 2019s 500 index | $ 100.00 | $ 102.11 | $ 118.43 | $ 156.77 | $ 178.22 | $ 180.67
dow jones transportation average | $ 100.00 | $ 100.01 | $ 107.49 | $ 151.97 | $ 190.08 | $ 158.23
.

Question: what is the five year performance of ups class b common stock?
Answer: 60.61%
Calculation: subtract(160.61, const_100), divide(#0, const_100)
purchases of equity securities 2013 during 2018 , we repurchased 57669746 shares of our common stock at an average price of $ 143.70 . the following table presents common stock repurchases during each month for the fourth quarter of 2018 : period total number of shares purchased [a] average price paid per share total number of shares purchased as part of a publicly announced plan or program [b] maximum number of shares remaining under the plan or program [b] .

Table:
period | total number of shares purchased [a] | average price paid per share | total number of shares purchased as part of a publicly announcedplan or program [b] | maximum number of shares remaining under the plan or program [b]
oct . 1 through oct . 31 | 6091605 | $ 158.20 | 6087727 | 32831024
nov . 1 through nov . 30 | 3408467 | 147.91 | 3402190 | 29428834
dec . 1 through dec . 31 | 3007951 | 148.40 | 3000715 | 26428119
total | 12508023 | $ 153.04 | 12490632 | n/a
[a] total number of shares purchased during the quarter includes approximately 17391 shares delivered or attested to upc by employees to pay stock option exercise prices , satisfy excess tax withholding obligations for stock option exercises or vesting of retention units , and pay withholding obligations for vesting of retention shares .
[b] effective january 1 , 2017 , our board of directors authorized the repurchase of up to 120 million shares of our common stock by december 31 , 2020 .
these repurchases may be made on the open market or through other transactions .
our management has sole discretion with respect to determining the timing and amount of these transactions. .

Question: what percentage of the total number of shares purchased where purchased in december?
Answer: 24%
Calculation: divide(3007951, 12508023)