Source document: amcon-distributing-company_2019

Question: What are the respective values of the company's current federal tax in 2018 and 2019?
Facts: $1,139,927; $1,294,253
Answer: $1,294,253; $1,139,927

Question: What are the respective values of the company's current state tax in 2018 and 2019?
Facts: 423,209; 428,501
Answer: 423,209; 428,501

Question: What are the respective values of the company's income tax expense in 2018 and 2019?
Facts: $1,164,000; $1,609,000
Answer: $1,164,000; $1,609,000

Question: What is the percentage change in the company's 2018 and 2019 income tax expense?
Facts: 1,164,000; 1,609,000
Derivation: (1,609,000 - 1,164,000)/1,164,000  
Answer: 38.23 percent

Question: What is the percentage change in the company's 2018 and 2019 current federal tax expense?
Facts: 1,139,927; 1,294,253
Derivation: (1,139,927 - 1,294,253 )/1,294,253  
Answer: -11.92 percent

Question: What is the company's average current state tax expense between 2018 and 2019?
Facts: 423,209; 428,501
Derivation: (428,501 + 423,209 )/2 
Answer: 425855

Question: What does prepaid inventory refer to?
Facts: inventory in-transit that has been paid for but not received.
Answer: inventory in-transit that has been paid for but not received.

Question: How much is the company's respective prepaid expenses in 2018 and 2019?
Facts: $1.6; $1.8
Answer: $1.6; $1.8 million

Question: How much is the company's respective prepaid inventory in 2018 and 2019?
Facts: 3.3; 5.3
Answer: 3.3; 5.3 million

Question: What is the percentage change in the company's total prepaid expenses and other current assets between 2018 and 2019?
Facts: 4.9; 7.1
Derivation: (7.1 - 4.9)/4.9 
Answer: 44.9 percent

Question: What is the percentage change in the company's prepaid expenses between 2018 and 2019?
Facts: 1.6; 1.8
Derivation: (1.8 - 1.6)/1.6 
Answer: 12.5 percent

Question: What is the value of the company's 2018 prepaid inventory as a percentage of its total prepaid expenses and other current assets?
Facts: 3.3; 4.9
Derivation: 3.3/4.9 
Answer: 67.35 percent

Question: What does goodwill recorded on the Company’s consolidated balance sheet represent?
Facts: represents amounts allocated to its wholesale reporting unit
Answer: represents amounts allocated to its wholesale reporting unit

Question: What are the respective intangible asset impairment charges during fiscal 2018 and 2019?
Facts: $1.9 million; $2.9 million
Answer: $1.9 million; $2.9 million

Question: What are the respective trademarks and tradenames at the end of fiscal year 2018 and 2019?
Facts: $3,373,269; $500,000
Answer: $3,373,269; $500,000

Question: What is the percentage change in the value of the company's trademarks and tradenames between 2018 and 2019?
Facts: 3,373,269; 500,000
Derivation: (500,000 - 3,373,269)/3,373,269 
Answer: -85.18 percent

Question: What is the percentage change in the value of company's customer relationships between 2018 and 2019?
Facts: 0; 41,667
Derivation: (0 - 41,667)/41,667 
Answer: -100 percent

Question: What is the value of the company's trademarks and tradenames as a percentage of its total intangible assets in 2018?
Facts: 3,373,269; 3,414,936
Derivation: 3,373,269/3,414,936 
Answer: 98.78 percent

Question: What is the closing price of the company's common stock on NYSE American as of October 31, 2019?
Facts: $73.00
Answer: $73.00

Question: What are the respective high and low closing prices per share of the Company’s common stock reported by NYSE American for the 1st Quarter of fiscal 2019?
Facts: 77.92; 99.75
Answer: 99.75; 77.92

Question: What are the respective high and low closing prices per share of the Company’s common stock reported by NYSE American for the 2nd Quarter of fiscal 2019?
Facts: 101.51; 88.01
Answer: 101.51; 88.01

Question: What is the average high closing prices per share of the Company’s common stock reported by NYSE American for fiscal 2019?
Facts: 100.00; 101.51; 99.75
Derivation: (100.00 + 100.00 + 101.51 + 99.75)/4 
Answer: 100.31

Question: What is the average high closing prices per share of the Company’s common stock reported by NYSE American for fiscal 2018?
Facts: 89.00; 97.85; 98.35; 99.87
Derivation: (89.00 + 98.35 + 99.87 + 97.85)/4 
Answer: 96.27

Question: What is the percentage change in the high closing prices per share of the Company’s common stock reported by NYSE American between Quarter 4 of fiscal 2018 and 2019?
Facts: 100; 89
Derivation: (100-89)/89 
Answer: 12.36 percent

Question: How old are the company's executive officers?
Facts: 45; 50; 59
Answer: 59; 45; 50

Question: Who are the executive officers of the company?
Facts: Andrew C. Plummer; Charles J. Schmaderer; Christopher H. Atayan
Answer: Christopher H. Atayan; Andrew C. Plummer; Charles J. Schmaderer

Question: Where did Charles J. Schmaderer practice public accounting at?
Facts: Grant Thornton, LLP
Answer: Grant Thornton, LLP

Question: What is the average age of the company's executive officers?
Facts: 45; 50; 59
Derivation: (59 + 45 + 50)/3 
Answer: 51.33

Question: What is the average age of the company's President and Vice President?
Facts: 45; 50
Derivation: (45 + 50)/2 
Answer: 47.5

Question: What is the average age of the company's Chief Executive and Chief Financial Officers?
Facts: 45; 59
Derivation: (59 + 45)/2 
Answer: 52

Question: How many shares of its common stock did the company repurchase in fiscal 2019 and fiscal 2018, respectively?
Facts: 74,880; 75,113
Answer: 75,113; 74,880

Question: How much did the company pay to repurchase shares of its common stock during fiscal 2019 and fiscal 2018, respectively?
Facts: $7.5 million; $7.7 million
Answer: $7.5 million; $7.7 million

Question: What is the total number of shares purchased by the company in August and September 2019 respectively?
Facts: 39,769; 91
Answer: 39,769; 91

Question: What is the percentage change in the shares of common stock repurchased between fiscal 2018 and 2019?
Facts: 74,880; 75,113
Derivation: (75,113 - 74,880)/74,880 
Answer: 0.31 percent

Question: What is the percentage change in the amount paid by the company to purchase its common stock during 2018 and 2019?
Facts: 7.5; 7.7
Derivation: (7.5 - 7.7)/7.7 
Answer: -2.6 percent

Question: What is the percentage change in the number of shares (or units) purchased by the company between August and September 2019?
Facts: 39,769; 91
Derivation: (91 - 39,769)/39,769 
Answer: -99.77 percent

Question: What are the respective sales in the fiscal years ended September 2018 and 2019?
Facts: $1,322,306,658; $1,392,388,157
Answer: $1,322,306,658; $1,392,388,157

Question: What are the respective cost of sales in the fiscal years ended September 2018 and 2019?
Facts: 1,245,375,460; 1,308,364,726
Answer: 1,245,375,460; 1,308,364,726

Question: What are the respective gross profit in the fiscal years ended September 2018 and 2019?
Facts: 76,931,198; 84,023,431
Answer: 76,931,198; 84,023,431

Question: What is the percentage change in the company's sales between the fiscal years ended September 2018 and 2019?
Facts: 1,322,306,658; 1,392,388,157
Derivation: (1,392,388,157 - 1,322,306,658)/1,322,306,658 
Answer: 5.3 percent

Question: What is the percentage change in the company's cost of sales between the fiscal years ended September 2018 and 2019?
Facts: 1,245,375,460; 1,308,364,726
Derivation: (1,308,364,726 - 1,245,375,460)/1,245,375,460 
Answer: 5.06 percent

Question: What is the percentage change in the company's gross profit between the fiscal years ended September 2018 and 2019?
Facts: 76,931,198; 84,023,431
Derivation: (84,023,431 - 76,931,198)/76,931,198 
Answer: 9.22 percent

Question: What are the respective values of the company's net long term debt in 2018 and 2019?
Facts: $3,125,644; $3,658,391
Answer: $3,658,391; $3,125,644

Question: What are the respective values of the company's current maturities in 2018 and 2019?
Facts: 1,096,306; 532,747
Answer: 1,096,306; 532,747

Question: What are the respective values of the company's interest-free note payable in 2018 and 2019?
Facts: 0; 629,746
Answer: 629,746; 0

Question: What is the percentage change in the company's net long-term debt between 2018 and 2019?
Facts: 3,125,644; 3,658,391
Derivation: (3,125,644 - 3,658,391)/3,658,391 
Answer: -14.56 percent

Question: What is the percentage change in the company's interest-free note payable between 2018 and 2019?
Facts: 0; 629,746
Derivation: (0 - 629,746)/629,746 
Answer: -100 percent

Question: What is the difference in the company's current maturities between 2018 and 2019?
Facts: 1,096,306; 532,747
Derivation: -532,747 - (1,096,306) 
Answer: 563559

Question: What is the beginning balance in 2019 and 2018 respectively?
Facts: $1.5; $1.6
Answer: $1.6; $1.5 million

Question: What are the company's respective liabilities for unpaid and incurred, but not reported claims, for workers’ compensation, general liability, and health insurance at September 2019 and September 2018?
Facts: $1.5 million; $1.6 million
Answer: $1.5 million; $1.6 million

Question: How are the company's insurance programs for workers’ compensation, general liability, and employee related health care benefits are provided?
Facts: high deductible or self-insured programs.
Answer: high deductible or self-insured programs.

Question: What is the percentage change in the beginning balance of the company's liability insurance between 2018 and 2019?
Facts: 1.5; 1.6
Derivation: (1.6 - 1.5)/1.5 
Answer: 6.67 percent

Question: What is the percentage change in the charged to expense value of the company's liability insurance between 2018 and 2019?
Facts: 5.4; 5.8
Derivation: (5.4 - 5.8)/5.8 
Answer: -6.9 percent

Question: What is the percentage change in the ending balance of the company's liability insurance between 2018 and 2019?
Facts: 1.5; 1.6
Derivation: (1.5 - 1.6)/1.6 
Answer: -6.25 percent

Question: What is the compensation expense related to the amortization of the Company’s stock option awards included in the net income before income taxes in both fiscal 2018 and 2019 respectively?
Facts: $0.1 million
Answer: $0.1 million; $0.1 million

Question: What are the aggregate intrinsic value of stock options exercisable at September 2018 and 2019 respectively?
Facts: $0.2 million; $0.3 million
Answer: $0.3 million; $0.2 million

Question: What is the respective total intrinsic value of stock options exercised in 2018 and 2019?
Facts: $0.1 million
Answer: $0.1 million; $0.1 million

Question: What is the percentage change in the company's shares outstanding at September 2018 and 2019?
Facts: 33,800; 36,450
Derivation: (36,450 - 33,800)/33,800 
Answer: 7.84 percent

Question: What is the percentage of shares granted as a percentage of the number of outstanding shares at 2018?
Facts: 33,800; 5,450
Derivation: 5,450/33,800 
Answer: 16.12 percent

Question: What is the difference in the total number of shares outstanding between 2018 and 2019?
Facts: 33,800; 36,450
Derivation: 36,450-33,800 
Answer: 2650

Question: How is basic earnings per share available to common shareholders calculated?
Facts: dividing net income less preferred stock dividend requirements by the weighted average common shares outstanding for each period.
Answer: dividing net income less preferred stock dividend requirements by the weighted average common shares outstanding for each period.

Question: How is diluted earnings per share available to common shareholders calculated?
Facts: dividing income from operations less preferred stock dividend requirements (when anti-dilutive) by the sum of the weighted average common shares outstanding and the weighted average dilutive equity awards.
Answer: dividing income from operations less preferred stock dividend requirements (when anti-dilutive) by the sum of the weighted average common shares outstanding and the weighted average dilutive equity awards.

Question: What are the respective weighted average basic common shares outstanding for fiscal years 2018 and 2019?
Facts: 597,961; 660,925
Answer: 660,925; 597,961

Question: What is the percentage change in the weighted average basic common shares outstanding between 2018 and 2019?
Facts: 597,961; 660,925
Derivation: (597,961 - 660,925)/660,925 
Answer: -9.53 percent

Question: What is the percentage change in the net income available to common shareholders between 2018 and 2019?
Facts: 3,202,943; 3,614,610
Derivation: (3,202,943 - 3,614,610)/3,614,610 
Answer: -11.39 percent

Question: What is the average net earnings per share available to common basic shareholders in 2018 and 2019?
Facts: 5.36; 5.47
Derivation: (5.47 + 5.36)/2 
Answer: 5.42

Question: How many restricted stock units awarded in October 2015 and 2016 were vested respectively as of September 2019?
Facts: 13,150; 8,666
Answer: 13,150; 8,666

Question: How many restricted stock units awarded in October 2017 were vested as of September 2019?
Facts: 4,333
Answer: 4,333

Question: What is the total intrinsic value of restricted stock units vested during fiscal 2019 and fiscal 2018 respectively?
Facts: $1.1 million; $1.2 million
Answer: $1.1 million; $1.2 million

Question: What is the percentage change in the number of restricted stock units originally issued in October 2015 and 2016?
Facts: 13,000; 13,250
Derivation: (13,000 -13,250)/13,250 
Answer: -1.89 percent

Question: What is the percentage change in the number of restricted stock units originally issued in October 2017 and 2018?
Facts: 13,000; 15,050
Derivation: (15,050 - 13,000)/13,000 
Answer: 15.77 percent

Question: What is the total number of restricted stock units vested as of September 2019?
Facts: 13,150; 4,333; 8,666
Derivation: (13,150 + 8,666 + 4,333)
Answer: 26149