pre_text: Significant components of our deferred tax assets and liabilities are as follows: The deferred tax assets and liabilities for fiscal 2019 and 2018 include amounts related to various acquisitions. The total change in deferred tax assets and liabilities in fiscal 2019 includes changes that are recorded to other comprehensive income (loss), retained earnings and goodwill. We calculate deferred tax assets and liabilities based on differences between financial reporting and tax bases of assets and liabilities and measure them using the enacted tax rates and laws that we expect will be in effect when the differences reverse.
table: September 30,
table: 2019 2018
table: (in thousands)
table: Deferred tax assets:
table: Accrued employee benefits $ 11,409 $ 8,285
table: Allowances for loss contingencies 3,561 3,518
table: Deferred compensation 3,071 3,272
table: Intangible assets — 1,361
table: Inventory valuation 8,036 1,154
table: Long-term contracts 6,995 7,751
table: Prepaid and accrued expenses 1,816 1,229
table: Retirement benefits 4,967 1,398
table: Tax credit carryforwards 33,118 35,137
table: Loss carryforwards 36,248 29,097
table: Other 818 264
table: Total gross deferred tax assets 110,039 92,466
table: Valuation allowance (69,098) (81,838)
table: Total deferred tax assets 40,941 10,628
table: Deferred tax liabilities:
table: Debt obligation basis difference (4,582) —
table: Deferred revenue (12,135) (2,351)
table: Intangible assets (18,592) —
table: Property, plant and equipment (4,524) (5,079)
table: Unremitted earnings (977) (823)
table: Other (587) (351)
table: Total deferred tax liabilities (41,397) (8,604)
table: Net deferred tax asset (liability) $ (456) $ 2,024
question: Analyse this data from a financial earnings document. What is the change in the amount of prepaid and accrued expenses from 2018 to 2019?