american tower corporation and subsidiaries notes to consolidated financial statements 2014 ( continued ) stock-based compensation 2014the company complies with the provisions of sfas no . 148 , 201caccounting for stock-based compensation 2014transition and disclosure 2014an amendment of sfas no . 123 , 201d which provides optional transition guidance for those companies electing to voluntarily adopt the accounting provisions of sfas no . 123 . the company continues to use accounting principles board opinion no . 25 ( apb no . 25 ) , 201caccounting for stock issued to employees , 201d to account for equity grants and awards to employees , officers and directors and has adopted the disclosure-only provisions of sfas no . 148 . in accordance with apb no . 25 , the company recognizes compensation expense based on the excess , if any , of the quoted stock price at the grant date of the award or other measurement date over the amount an employee must pay to acquire the stock . the company 2019s stock option plans are more fully described in note 13 . in december 2004 , the fasb issued sfas no . 123r , 201cshare-based payment 201d ( sfas no . 123r ) , described below . the following table illustrates the effect on net loss and net loss per share if the company had applied the fair value recognition provisions of sfas no . 123 ( as amended ) to stock-based compensation . the estimated fair value of each option is calculated using the black-scholes option-pricing model ( in thousands , except per share amounts ) : .

2004: net loss as reported: -247587
add : stock-based employee compensation expense associated with modifications net of related tax effect included in net loss asreported: 2297
less : total stock-based employee compensation expense determined under fair value based method for all awards net of related taxeffect: -23906
pro-forma net loss: -269196
basic and diluted net loss per share 2014as reported: -1.1
basic and diluted net loss per share pro-forma: -1.2
2003: net loss as reported: -325321
add : stock-based employee compensation expense associated with modifications net of related tax effect included in net loss asreported: 2077
less : total stock-based employee compensation expense determined under fair value based method for all awards net of related taxeffect: -31156
pro-forma net loss: -354400
basic and diluted net loss per share 2014as reported: -1.56
basic and diluted net loss per share pro-forma: -1.7
2002: net loss as reported: -1163540
less : total stock-based employee compensation expense determined under fair value based method for all awards net of related taxeffect: -38126
pro-forma net loss: -1201666
basic and diluted net loss per share 2014as reported: -5.95
basic and diluted net loss per share pro-forma: -6.15

during the year ended december 31 , 2004 and 2003 , the company modified certain option awards to accelerate vesting and recorded charges of $ 3.0 million and $ 2.3 million , respectively , and corresponding increases to additional paid in capital in the accompanying consolidated financial statements . fair value of financial instruments 2014the carrying values of the company 2019s financial instruments , with the exception of long-term obligations , including current portion , reasonably approximate the related fair values as of december 31 , 2004 and 2003 . as of december 31 , 2004 , the carrying amount and fair value of long-term obligations , including current portion , were $ 3.3 billion and $ 3.6 billion , respectively . as of december 31 , 2003 , the carrying amount and fair value of long-term obligations , including current portion , were $ 3.4 billion and $ 3.6 billion , respectively . fair values are based primarily on quoted market prices for those or similar instruments . retirement plan 2014the company has a 401 ( k ) plan covering substantially all employees who meet certain age and employment requirements . under the plan , the company matching contribution for periods prior to june 30 , 2004 was 35% ( 35 % ) up to a maximum 5% ( 5 % ) of a participant 2019s contributions . effective july 1 , 2004 , the plan was amended to increase the company match to 50% ( 50 % ) up to a maximum 6% ( 6 % ) of a participant 2019s contributions . the company contributed approximately $ 533000 , $ 825000 and $ 979000 to the plan for the years ended december 31 , 2004 , 2003 and 2002 , respectively . recent accounting pronouncements 2014in december 2004 , the fasb issued sfas no . 123r , which is a revision of sfas no . 123 , 201caccounting for stock-based compensation , 201d and supersedes apb no . 25 , accounting for .

Questions:
what were employee contributions in 2003?
what were they in 2002?
what is the net change?
what is the percent change?

Answers:
825000
979000
-154000
-15.7%