whpthomas/finqa-parquet huggingface dataset:
annual report on form 10-k 108 fifth third bancorp part ii item 5 . market for registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities the information required by this item is included in the corporate information found on the inside of the back cover and in the discussion of dividend limitations that the subsidiaries can pay to the bancorp discussed in note 26 of the notes to the consolidated financial statements . additionally , as of december 31 , 2008 , the bancorp had approximately 60025 shareholders of record . issuer purchases of equity securities period shares purchased average paid per shares purchased as part of publicly announced plans or programs maximum shares that may be purchased under the plans or programs .
what percentage of the fourth quarter share repurchases were in the last moth of the year in 2008?
( a ) the bancorp repurchased 25394 , 7526 and 40 shares during october , november and december of 2008 in connection with various employee compensation plans of the bancorp . these purchases are not included against the maximum number of shares that may yet be purchased under the board of directors authorization. .
the following table provides a summary of our historical capital expenditures related to the upgrading of our infrastructure and systems: .
what percentage of total capital expenditures were related to general structure and equipment in 2018?
in 2018 , our capital expenditures increased $ 152 million , or 10.6% ( 10.6 % ) , primarily due to investment across the majority of our infrastructure categories . in 2017 , our capital expenditures increased $ 123 million , or 9.4% ( 9.4 % ) , primarily due to investment in our general structure and equipment and wastewater categories . we also grow our business primarily through acquisitions of water and wastewater systems , as well as other water-related services . these acquisitions are complementary to our existing business and support continued geographical diversification and growth of our operations . generally , acquisitions are funded initially with short- term debt , and later refinanced with the proceeds from long-term debt . the following is a summary of the acquisitions and dispositions affecting our cash flows from investing activities : 2022 the majority of cash paid for acquisitions pertained to the $ 365 million purchase of pivotal within our homeowner services group . 2022 paid $ 33 million for 15 water and wastewater systems , representing approximately 14000 customers . 2022 received $ 35 million for the sale of assets , including $ 27 million for the sale of the majority of the o&m contracts in our contract services group during the third quarter of 2018 . 2022 the majority of cash paid for acquisitions pertained to the $ 159 million purchase of the wastewater collection and treatment system assets of the municipal authority of the city of mckeesport , pennsylvania ( the 201cmckeesport system 201d ) , excluding a $ 5 million non-escrowed deposit made in 2016 . 2022 paid $ 18 million for 16 water and wastewater systems , excluding the mckeesport system and shorelands ( a stock-for-stock transaction ) , representing approximately 7000 customers . 2022 received $ 15 million for the sale of assets . 2022 paid $ 199 million for 15 water and wastewater systems , representing approximately 42000 customers . 2022 made a non-escrowed deposit of $ 5 million related to the mckeesport system acquisition . 2022 received $ 9 million for the sale of assets . as previously noted , we expect to invest between $ 8.0 billion to $ 8.6 billion from 2019 to 2023 , with $ 7.3 billion of this range for infrastructure improvements in our regulated businesses . in 2019 , we expect to .
all highly liquid securities with a maturity of three months or less at the date of purchase are considered to be cash equivalents . securities with maturities greater than three months are classified as available-for-sale and are considered to be short-term investments . the carrying value of our interest-bearing instruments approximated fair value as of december 29 , 2012 . interest rates under our revolving credit facility are variable , so interest expense for periods when the credit facility is utilized could be adversely affected by changes in interest rates . interest rates under our revolving credit facility can fluctuate based on changes in market interest rates and in an interest rate margin that varies based on our consolidated leverage ratio . as of december 29 , 2012 , we had no outstanding balance on the credit facility . see note 3 in the notes to consolidated financial statements for an additional description of our credit facility . equity price risk convertible notes our 2015 notes and 2013 notes include conversion and settlement provisions that are based on the price of our common stock at conversion or at maturity of the notes . in addition , the hedges and warrants associated with these convertible notes also include settlement provisions that are based on the price of our common stock . the amount of cash we may be required to pay , or the number of shares we may be required to provide to note holders at conversion or maturity of these notes , is determined by the price of our common stock . the amount of cash or number of shares that we may receive from hedge counterparties in connection with the related hedges and the number of shares that we may be required to provide warrant counterparties in connection with the related warrants are also determined by the price of our common stock . upon the expiration of our 2015 warrants , cadence will issue shares of common stock to the purchasers of the warrants to the extent our stock price exceeds the warrant strike price of $ 10.78 at that time . the following table shows the number of shares that cadence would issue to 2015 warrant counterparties at expiration of the warrants , assuming various cadence closing stock prices on the dates of warrant expiration : shares ( in millions ) .
what is the percentage difference in the number of shares to be issued if the stock price closes at $ 11 compared to if it closes at $ 20?
prior to the expiration of the 2015 warrants , for purposes of calculating diluted earnings per share , our diluted weighted-average shares outstanding will increase when our average closing stock price for a quarter exceeds $ 10.78 . for an additional description of our 2015 notes and 2013 notes , see note 3 in the notes to consolidated financial statements and 201cliquidity and capital resources 2014 other factors affecting liquidity and capital resources , 201d under item 7 , 201cmanagement 2019s discussion and analysis of financial condition and results of operations . 201d .
republic services , inc . notes to consolidated financial statements 2014 ( continued ) in december 2008 , the board of directors amended and restated the republic services , inc . 2006 incentive stock plan ( formerly known as the allied waste industries , inc . 2006 incentive stock plan ( the 2006 plan ) ) . allied 2019s shareholders approved the 2006 plan in may 2006 . the 2006 plan was amended and restated in december 2008 to reflect republic as the new sponsor of the plan , and that any references to shares of common stock are to shares of common stock of republic , and to adjust outstanding awards and the number of shares available under the plan to reflect the allied acquisition . the 2006 plan , as amended and restated , provided for the grant of non- qualified stock options , incentive stock options , shares of restricted stock , shares of phantom stock , stock bonuses , restricted stock units , stock appreciation rights , performance awards , dividend equivalents , cash awards , or other stock-based awards . awards granted under the 2006 plan prior to december 5 , 2008 became fully vested and nonforfeitable upon the closing of the allied acquisition . no further awards will be made under the 2006 stock options we use a lattice binomial option-pricing model to value our stock option grants . we recognize compensation expense on a straight-line basis over the requisite service period for each separately vesting portion of the award , or to the employee 2019s retirement eligible date , if earlier . expected volatility is based on the weighted average of the most recent one year volatility and a historical rolling average volatility of our stock over the expected life of the option . the risk-free interest rate is based on federal reserve rates in effect for bonds with maturity dates equal to the expected term of the option . we use historical data to estimate future option exercises , forfeitures ( at 3.0% ( 3.0 % ) for each of the periods presented ) and expected life of the options . when appropriate , separate groups of employees that have similar historical exercise behavior are considered separately for valuation purposes . the weighted-average estimated fair values of stock options granted during the years ended december 31 , 2014 , 2013 and 2012 were $ 5.74 , $ 5.27 and $ 4.77 per option , respectively , which were calculated using the following weighted-average assumptions: .
what was the percentage change in the weighted-average estimated fair values of stock options granted from 2013 to 2014
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transfer agent and registrar for common stock the transfer agent and registrar for our common stock is : computershare shareowner services llc 480 washington boulevard 29th floor jersey city , new jersey 07310 telephone : ( 877 ) 363-6398 sales of unregistered securities not applicable . repurchase of equity securities the following table provides information regarding our purchases of our equity securities during the period from october 1 , 2013 to december 31 , 2013 . total number of shares ( or units ) purchased 1 average price paid per share ( or unit ) 2 total number of shares ( or units ) purchased as part of publicly announced plans or programs 3 maximum number ( or approximate dollar value ) of shares ( or units ) that may yet be purchased under the plans or programs 3 .
by what amount did the treasury stock increase with the total repurchase of shares during the last three months , ( in millions ) ?
1 includes shares of our common stock , par value $ 0.10 per share , withheld under the terms of grants under employee stock-based compensation plans to offset tax withholding obligations that occurred upon vesting and release of restricted shares ( the 201cwithheld shares 201d ) . we repurchased 1067 withheld shares in october 2013 . no withheld shares were purchased in november or december of 2013 . 2 the average price per share for each of the months in the fiscal quarter and for the three-month period was calculated by dividing the sum of the applicable period of the aggregate value of the tax withholding obligations and the aggregate amount we paid for shares acquired under our stock repurchase program , described in note 6 to the consolidated financial statements , by the sum of the number of withheld shares and the number of shares acquired in our stock repurchase program . 3 in february 2013 , the board authorized a new share repurchase program to repurchase from time to time up to $ 300.0 million , excluding fees , of our common stock ( the 201c2013 share repurchase program 201d ) . in march 2013 , the board authorized an increase in the amount available under our 2013 share repurchase program up to $ 500.0 million , excluding fees , of our common stock . on february 14 , 2014 , we announced that our board had approved a new share repurchase program to repurchase from time to time up to $ 300.0 million , excluding fees , of our common stock . the new authorization is in addition to any amounts remaining available for repurchase under the 2013 share repurchase program . there is no expiration date associated with the share repurchase programs. .
notes to consolidated financial statements ( continued ) note 8 2014commitments and contingencies ( continued ) provide renewal options for terms of 3 to 7 additional years . leases for retail space are for terms of 5 to 20 years , the majority of which are for 10 years , and often contain multi-year renewal options . as of september 29 , 2007 , the company 2019s total future minimum lease payments under noncancelable operating leases were $ 1.4 billion , of which $ 1.1 billion related to leases for retail space . rent expense under all operating leases , including both cancelable and noncancelable leases , was $ 151 million , $ 138 million , and $ 140 million in 2007 , 2006 , and 2005 , respectively . future minimum lease payments under noncancelable operating leases having remaining terms in excess of one year as of september 29 , 2007 , are as follows ( in millions ) : fiscal years .
as of september 29 , 2007 , what percent of the company 2019s total future minimum lease payments under noncancelable operating leases were related to leases for retail space?
accrued warranty and indemnifications the company offers a basic limited parts and labor warranty on its hardware products . the basic warranty period for hardware products is typically one year from the date of purchase by the end-user . the company also offers a 90-day basic warranty for its service parts used to repair the company 2019s hardware products . the company provides currently for the estimated cost that may be incurred under its basic limited product warranties at the time related revenue is recognized . factors considered in determining appropriate accruals for product warranty obligations include the size of the installed base of products subject to warranty protection , historical and projected warranty claim rates , historical and projected cost-per-claim , and knowledge of specific product failures that are outside of the company 2019s typical experience . the company assesses the adequacy of its preexisting warranty liabilities and adjusts the amounts as necessary based on actual experience and changes in future estimates . for products accounted for under subscription accounting pursuant to sop no . 97-2 , the company recognizes warranty expense as incurred . the company periodically provides updates to its applications and system software to maintain the software 2019s compliance with specifications . the estimated cost to develop such updates is accounted for as warranty costs that are recognized at the time related software revenue is recognized . factors considered in determining appropriate accruals related to such updates include the number of units delivered , the number of updates expected to occur , and the historical cost and estimated future cost of the resources necessary to develop these updates. .
humana inc . notes to consolidated financial statements 2014 ( continued ) 3 . acquisitions on december 21 , 2010 , we acquired concentra inc. , or concentra , a health care company based in addison , texas , for cash consideration of $ 804.7 million . through its affiliated clinicians , concentra delivers occupational medicine , urgent care , physical therapy , and wellness services to workers and the general public through its operation of medical centers and worksite medical facilities . the concentra acquisition provides entry into the primary care space on a national scale , offering additional means for achieving health and wellness solutions and providing an expandable platform for growth with a management team experienced in physician asset management and alternate site care . the preliminary fair values of concentra 2019s assets acquired and liabilities assumed at the date of the acquisition are summarized as follows : concentra ( in thousands ) .
what are the total current assets for concentra?
the other intangible assets , which primarily consist of customer relationships and trade name , have a weighted average useful life of 13.7 years . approximately $ 57.9 million of the acquired goodwill is deductible for tax purposes . the purchase price allocation is preliminary , subject to completion of valuation analyses , including , for example , refining assumptions used to calculate the fair value of other intangible assets . the purchase agreement contains provisions under which there may be future consideration paid or received related to the subsequent determination of working capital that existed at the acquisition date . any payments or receipts for provisional amounts for working capital will be recorded as an adjustment to goodwill when paid or received . the results of operations and financial condition of concentra have been included in our consolidated statements of income and consolidated balance sheets from the acquisition date . in connection with the acquisition , we recognized approximately $ 14.9 million of acquisition-related costs , primarily banker and other professional fees , in selling , general and administrative expense . the proforma financial information assuming the acquisition had occurred as of january 1 , 2009 was not material to our results of operations . on october 31 , 2008 , we acquired php companies , inc . ( d/b/a cariten healthcare ) , or cariten , for cash consideration of approximately $ 291.0 million , including the payment of $ 34.9 million during 2010 to settle a purchase price contingency . the cariten acquisition increased our commercial fully-insured and aso presence as well as our medicare hmo presence in eastern tennessee . during 2009 , we continued our review of the fair value estimate of certain other intangible and net tangible assets acquired . this review resulted in a decrease of $ 27.1 million in the fair value of other intangible assets , primarily related to the fair value assigned to the customer contracts acquired . there was a corresponding adjustment to goodwill and deferred income taxes . the .
for intangible assets subject to amortization , the estimated aggregate amortization expense for each of the five succeeding fiscal years is as follows : 2009 - $ 41.1 million , 2010 - $ 27.3 million , 2011 - $ 20.9 million , 2012 - $ 17.0 million , and 2013 - $ 12.0 million . fees and expenses related to the merger totaled $ 102.6 million , principally consisting of investment banking fees , legal fees and stock compensation ( $ 39.4 million as further discussed in note 10 ) , and are reflected in the 2007 results of operations . capitalized debt issuance costs as of the merger date of $ 87.4 million for merger-related financing were reflected in other long- term assets in the consolidated balance sheet . the following represents the unaudited pro forma results of the company 2019s consolidated operations as if the merger had occurred on february 3 , 2007 and february 4 , 2006 , respectively , after giving effect to certain adjustments , including the depreciation and amortization of the assets acquired based on their estimated fair values and changes in interest expense resulting from changes in consolidated debt ( in thousands ) : ( in thousands ) year ended february 1 , year ended february 2 .
what is the net income margin in 2008?
the pro forma information does not purport to be indicative of what the company 2019s results of operations would have been if the acquisition had in fact occurred at the beginning of the periods presented , and is not intended to be a projection of the company 2019s future results of operations . subsequent to the announcement of the merger agreement , the company and its directors , along with other parties , were named in seven putative class actions filed in tennessee state courts alleging claims for breach of fiduciary duty arising out of the proposed merger , all as described more fully under 201clegal proceedings 201d in note 8 below . 3 . strategic initiatives during 2006 , the company began implementing certain strategic initiatives related to its historical inventory management and real estate strategies , as more fully described below . inventory management in november 2006 , the company undertook an initiative to discontinue its historical inventory packaway model for virtually all merchandise by the end of fiscal 2007 . under the packaway model , certain unsold inventory items ( primarily seasonal merchandise ) were stored on-site and returned to the sales floor until the items were eventually sold , damaged or discarded . through end-of-season and other markdowns , this initiative resulted in the elimination of seasonal , home products and basic clothing packaway merchandise to allow for increased levels of newer , current-season merchandise . in connection with this strategic change , in the third quarter of 2006 the company recorded a reserve for lower of cost or market inventory .
the aes corporation notes to consolidated financial statements 2014 ( continued ) december 31 , 2012 , 2011 , and 2010 ( 1 ) a u.s . subsidiary of the company has a defined benefit obligation of $ 764 million and $ 679 million as of december 31 , 2012 and 2011 , respectively , and uses salary bands to determine future benefit costs rather than rates of compensation increases . rates of compensation increases in the table above do not include amounts related to this specific defined benefit plan . ( 2 ) includes an inflation factor that is used to calculate future periodic benefit cost , but is not used to calculate the benefit obligation . the company establishes its estimated long-term return on plan assets considering various factors , which include the targeted asset allocation percentages , historic returns and expected future returns . the measurement of pension obligations , costs and liabilities is dependent on a variety of assumptions . these assumptions include estimates of the present value of projected future pension payments to all plan participants , taking into consideration the likelihood of potential future events such as salary increases and demographic experience . these assumptions may have an effect on the amount and timing of future contributions . the assumptions used in developing the required estimates include the following key factors : 2022 discount rates ; 2022 salary growth ; 2022 retirement rates ; 2022 inflation ; 2022 expected return on plan assets ; and 2022 mortality rates . the effects of actual results differing from the company 2019s assumptions are accumulated and amortized over future periods and , therefore , generally affect the company 2019s recognized expense in such future periods . sensitivity of the company 2019s pension funded status to the indicated increase or decrease in the discount rate and long-term rate of return on plan assets assumptions is shown below . note that these sensitivities may be asymmetric and are specific to the base conditions at year-end 2012 . they also may not be additive , so the impact of changing multiple factors simultaneously cannot be calculated by combining the individual sensitivities shown . the funded status as of december 31 , 2012 is affected by the assumptions as of that date . pension expense for 2012 is affected by the december 31 , 2011 assumptions . the impact on pension expense from a one percentage point change in these assumptions is shown in the table below ( in millions ) : .
was the impact of a decrease of 1% ( 1 % ) in the discount rate greater than the effect of a decrease of 1% ( 1 % ) in the long-term rate of return on plan assets?
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