Source document: lifeway-foods-inc_2019

Question: What was the low sale price per share for each quarters in 2018 in chronological order?
Facts: $ 1.88; $ 2.66; $ 4.79; $ 5.99
Answer: $ 5.99; $ 4.79; $ 2.66; $ 1.88

Question: What is the symbol of the company's common stock that is listed on the Nasdaq Global Market?
Facts: LWAY
Answer: LWAY

Question: When did trading commence?
Facts: March 29, 1988
Answer: March 29, 1988

Question: In 2018, how many quarters had stock prices lower than $2.00 during their lows?
Facts: Fourth quarter
Derivation: Fourth quarter
Answer: 1

Question: In the first quarter of 2018, what is the difference between the low and high price?
Facts: 5.99; 8.40
Derivation: 8.40-5.99
Answer: 2.41

Question: What is the average quarterly low price in 2018?
Facts: 1.88; 2.66; 4.79; 5.99
Derivation: (5.99+4.79+2.66+1.88)/4
Answer: 3.83

Question: What is the net sales for year ended December 31, 2019?
Facts: $ 93,662
Answer: $ 93,662 thousand

Question: What is the Cost of goods sold for year ended December 31, 2018?
Facts: $ 74,646
Answer: $ 74,646 thousand

Question: What is the total cost of goods sold for years ended December 31, 2018 and 2019 respectively?
Facts: $ 71,513; $ 77,492
Answer: $ 77,492; $ 71,513 thousand

Question: What is the average amortization expense for years ended December 31, 2018 and 2019?
Facts: 192; 631
Derivation: (192+631)/2
Answer: 411.5 thousand

Question: What is the total gross profit altogether for years ended December 31, 2018 and 2019?
Facts: 22,149; 25,858
Derivation: 22,149+25,858
Answer: 48007 thousand

Question: What is the total selling expenses altogether for years ended December 31, 2018 and 2019?
Facts: 11,062; 13,477
Derivation: 11,062+13,477
Answer: 24539 thousand

Question: What is the provision (benefit) for total current income taxes for 2018 and 2019 respectively?
Facts: 236; 249
Answer: 236; 249

Question: What is the deferred provision (benefit) for income tax for 2018 and 2019 respectively?
Facts: (461); 533
Answer: (461); 533

Question: What is the total provision (benefit) for income taxes in 2019?
Facts: 782
Answer: 782

Question: What is the change in provision (benefit) for state and local income taxes between 2018 and 2019?
Facts: 249; 276
Derivation: 276-249
Answer: 27

Question: What is the average total current provision (benefit) for income taxes for 2018 and 2019?
Facts: 236; 249
Derivation: (236+249)/2
Answer: 242.5

Question: What is the percentage change in provisions (benefit) for state and local income taxes between 2018 and 2019?
Facts: 249; 276
Derivation: (276-249)/249
Answer: 10.84 percent

Question: What is the value of real estate taxes in 2018?
Facts: 398
Answer: 398

Question: What is the value of  Payroll and incentive compensation  in 2019?
Facts: 3,009
Answer: 3,009

Question: What is the total accrued expenses in 2019?
Facts: 4,087
Answer: 4,087

Question: What is the average real estate taxes for 2018 and 2019?
Facts: 398
Derivation: (398+398)/2
Answer: 398

Question: What is the change in payroll and incentive compensation between 2018 and 2019?
Facts: 1,937; 3,009
Derivation: 3,009-1,937
Answer: 1072

Question: What is the percentage change in the total accrued expenses from 2018 to 2019?
Facts: 2,777; 4,087
Derivation: (4,087-2,777)/2,777
Answer: 47.17 percent

Question: What is the value of buildings and improvements in 2018 and 2019 respectively?
Facts: 17,332; 17,520
Answer: 17,520; 17,332

Question: What is the value of machinery and equipment in 2018 and 2019 respectively?
Facts: 29,692; 30,670
Answer: 29,692; 30,670

Question: What is the value of vehicles in 2018 and 2019 respectively?
Facts: 778; 937
Answer: 937; 778

Question: What is the average value of vehicles for 2018 and 2019?
Facts: 778; 937
Derivation: (778+937)/2
Answer: 857.5

Question: What is the change in the value of land between 2018 and 2019?
Facts: 1,565; 1,747
Derivation: 1,565-1,747
Answer: -182

Question: Which year has a higher total property, plant and equipment, net value?
Facts: 2018
Derivation: Compare the value of the total property, plant and equipment, net value between the years
Answer: 2018

Question: What is the percentage of net sales from Cheese in 2018 and 2019 respectively?
Facts: 11%; 12%
Answer: 11%; 12%

Question: What is the amount of net sales from ProBugs Kelir in 2018 and 2019 respectively?
Facts: 2,780; 2,795
Answer: 2,795; 2,780 thousand

Question: What does the table show?
Facts: Net sales of products by category were as follows for the years ended December 31
Answer: Net sales of products by category were as follows for the years ended December 31

Question: What is the difference in net sales between drinkable Kefir other than ProBugs and Cheese in 2019?
Facts: 11,459; 71,822
Derivation: 71,822-11,459
Answer: 60363 thousand

Question: What is the average total net sales for both 2018 and 2019?
Facts: 103,350; 93,662
Derivation: (93,662+103,350)/2
Answer: 98506 thousand

Question: What is the percentage constitution of net sales from Frozen Kefir among the total net sales in 2019?
Facts: 1,617; 93,662
Derivation: 1,617/93,662
Answer: 1.73 percent

Question: By how much did the fair value exceed the carrying value by?
Facts: 2.4%
Answer: 2.4%

Question: What does the company use to estimate fair value?
Facts: Widely accepted valuation techniques including discounted cash flows and market multiples analysis with respect to our single reporting unit
Answer: Widely accepted valuation techniques including discounted cash flows and market multiples analysis with respect to our single reporting unit

Question: What is the value of brand names as of December 31, 2019?
Facts: 3,700
Answer: 3,700

Question: What is the change in the value of brand names between 2018 and 2019?
Facts: 3,700
Derivation: 3,700-3,700
Answer: 0

Question: What is the average goodwill and indefinite lived intangible assets for 2018 and 2019?
Facts: 12,824
Derivation: (12,824+12,824)/2
Answer: 12824

Question: What is the percentage constitution of brand names among the total goodwill and indefinite lived intangible assets in 2019?
Facts: 12,824; 3,700
Derivation: 3,700/12,824
Answer: 28.85 percent

Question: What is the value of ingredients in 2019?
Facts: 1,942
Answer: 1,942

Question: What is the value of packaging in 2019?
Facts: 2,230
Answer: 2,230

Question: What is the value of finished goods in 2019?
Facts: 2,220
Answer: 2,220

Question: What is the percentage change in ingredients between 2018 and 2019?
Facts: 1,580; 1,942
Derivation: (1,942-1,580)/1,580
Answer: 22.91 percent

Question: What is the change in finished goods between 2018 and 2019?
Facts: 2,165; 2,220
Derivation: 2,220-2,165
Answer: 55

Question: What is the average value of packaging for years 2018 and 2019?
Facts: 2,072; 2,230
Derivation: (2,230+2,072)/2
Answer: 2151

Question: What is the value of the intangible asset at December 31, 2019 expected to be amortized in 2020?
Facts: $152
Answer: $152

Question: What is the value of recipes in 2018 and 2019 respectively?
Facts: $ 44
Answer: $ 44; $ 44

Question: What is the value of customer relationships in 2018 and 2019 respectively?
Facts: 985
Answer: 985; 985

Question: What is the change in the value of customer relationships between 2018 and 2019?
Facts: 985
Derivation: 985-985
Answer: 0

Question: What is the average value of trade names for both 2018 and 2019?
Facts: 2,248
Derivation: (2,248+2,248)/2
Answer: 2248

Question: Which year has a higher value of net intangible assets?
Facts: 2018
Derivation: Compare the net intangible assets value between the years
Answer: 2018

Question: What is net sales from cheese in 2018 and 2019 respectively?
Facts: 11,459; 11,486
Answer: 11,486; 11,459 thousand

Question: What is net sales from cream and other in 2018 and 2019 respectively?
Facts: 4,228; 5,276
Answer: 5,276; 4,228 thousand

Question: What is net sales from ProBugs Kefir in 2018 and 2019 respectively?
Facts: 2,780; 2,795
Answer: 2,795; 2,780 thousand

Question: How many product categories are available?
Facts: Cheese; Cream and other; Drinkable Kefir other than ProBugs; Frozen Kefir; Other dairy; ProBugs Kefir
Derivation: Drinkable Kefir other than ProBugs ## Cheese ## Cream and other ## ProBugs Kefir ## Other dairy ## Frozen Kefir
Answer: 6

Question: What is the change in the net sales for cheese between 2018 and 2019?
Facts: 11,459; 11,486
Derivation:  11,459 - 11,486 
Answer: -27 thousand

Question: What is the percentage change in net sales from Frozen Kefir between 2018 and 2019?
Facts: 1,434; 1,617
Derivation: (1,617-1,434)/1,434
Answer: 12.76 percent