DEXTER-CQA/TAT-QA-corpus huggingface dataset:
|Years Ended December 31,|Global Enterprise |Small and Medium Business |Public Sector and Other |Wholesale |Total Operating Revenues(1) |Connections (‘000):(2)|Wireless retail postpaid connections |Fios Internet connections |Fios video connections |Broadband connections |Voice connections |Net Additions in Period (‘000):(3)|Wireless retail postpaid |Wireless retail postpaid phones |Churn Rate:|Wireless retail postpaid |Wireless retail postpaid phones 
|2019|$ 10,818|11,464|5,922|3,239|$ 31,443||25,217|326|77|489|4,959||1,391|698||1.24%|0.99%
|2018|$ 11,201|10,752|5,833|3,748|$ 31,534||23,492|307|74|501|5,400||1,397|625||1.19%|0.98%
(dollars in millions) Increase/ (Decrease)|2019 vs. 2018|$ (383)|712|89|(509)|$ (91)||1,725|19|3|(12)|(441)||(6)|73|||
||(3.4)%|6.6|1.5|(13.6)|(0.3)||7.3|6.2|4.1|(2.4)|(8.2)||(0.4)|11.7|||
Nokia was our largest customer in fiscal 2019, 2018 and 2017. Nokia purchases products directly from us and through contract manufacturers and distributors. Based on information provided to us by its contract manufacturers and our distributors, purchases by Nokia represented approximately 45%, 36% and 41% of our net revenues in fiscal 2019, 2018 and 2017, respectively. To our knowledge, none of our other OEM customers accounted for more than 10% of our net revenues in any of these periods.
|||Contract manufacturers and consignment warehouses:       |Flextronics Technology|Sanmina|Distributors:       |Avnet Logistics|Nexcomm 
||2019||21.8%|17.7||31.3|14.8
Fiscal Year Ended|March 31,|2018||14.0%|16.0||35.3|16.1
||2017||10.4%|20.4||25.5|19.7
|||Operating expenses:                |Research and development|Sales and marketing|General and administrative|Impairment of long-lived assets  |Restructuring  |Total operating expenses
Year ended March 31,|2019|||$57,939|139,194|53,759|—|(170)|$250,722
|2018|||$38,373|121,246|36,989|1,712|832|$199,152
Period-to-period change|Amount  |(dollars in thousands) ||$19,566|17,948|16,770|(1,712)|(1,002)|$51,570
|% Change|||51%|15%|45%|nm |nm |26%
General and administrative expenses increased $16.8 million in the year ended March 31, 2019 compared to the year ended March 31, 2018, which was primarily attributable to increases in personnel-related costs of $6.3 million, share-based compensation expense of $5.8 million, information technology and facilities costs of $1.9 million, professional services costs of $1.2 million and litigation-related expenses of $1.0 million. Personnel-related costs increased primarily as a result of salaries and benefits associated with increased headcount.
FOR THE YEAR ENDED DECEMBER 31|DB pension|DC pension|OPEBs|Less:|Capitalized benefit plans cost|Total post-employment benefit plans service cost included in operating costs|Other costs recognized in severance, acquisition and other costs|Total post-employment benefit plans service cost
2019|(193)|(110)|(3)||59|(247)|–|(247)
2018|(213)|(106)|(3)||56|(266)|(4)|(270)
The long-term portion of the Company’s unrecognized tax benefits at March 31, 2019 and 2018 was $622,000 and $619,000, respectively, of which the timing of the resolution is uncertain. As of March 31, 2019 and 2018, $2.5 million and $2.1 million, respectively, of unrecognized tax benefits had been recorded as a reduction to net deferred tax assets.
|||Unrecognized tax benefits, beginning of period|Additions based on tax positions related to current year|Additions based on tax positions related to prior years|2017 Tax Act and tax rate re-measurement  |Reductions based on tax positions related to prior years  |Lapses during the current year applicable to statutes of limitations  |Unrecognized tax benefits, end of period
|2019||$2,735|371|13|—|(17)|—|$3,102
Year Ended March 31, |2018|(In thousands)|$2,714|520|—|(499)|—|—|$2,735
|2017||$2,055|730|—|—|—|(71)|$2,714
|(In thousands)|Balance at beginning of year|Provision charged to expense|Write-offs, less recoveries|Acquired allowance for doubtful accounts|Balance at end of year
|2019|$4,421|9,347|(9,219)|—|$4,549
Year Ended December 31,|2018|$6,667|8,793|(11,039)|—|$4,421
|2017|$2,813|7,072|(6,516)|3,298|$6,667
|||Net income   |Earnings per share：|Basic   |Effect of CESs     |Diluted   |Weighted average number of shares:|Basic     |Effect of CESs     |Diluted     
|2019||$ 85,762||$ 1.33|(0.01 )   |$ 1.32||64,397|706|65,103
Year Ended December 31,|2018|(in thousands, except per share data)   |$ 104,690||$ 1.58|-|$ 1.58||66,201|233|66,434
|2017||$ 116,481||$ 1.68|-|$ 1.68||69,175|249|69,424
||Cost of product revenue |Cost of service revenue|Research and development  |Sales and marketing  |General and administrative  |Total share-based compensation expense 
|June 30,
2019|$844|1,639|10,443|11,747|8,224|$32,897
Year Ended|June 30,
2018|$564|1,131|7,642|9,843|8,453|$27,633
|June 30,
2017|$333|589|3,312|4,253|4,146|$12,633
Fiscal 2019 profit for the year from continuing operations and profit for the year from continuing operations attributable to owners of the Corporation decreased by 7.2% and 9.4%, respectively, as a result of: • last year's $94 million income tax reduction following the United States tax reform; and • the increase in depreciation and amortization mostly related to the impact of the MetroCast acquisition; partly offset by • higher adjusted EBITDA mainly as a result of the impact of the MetroCast acquisition; • the decrease in financial expense; and • the decrease in integration, restructuring and acquisition costs.
Fiscal 2019 profit for the year and profit for the year attributable to owners of the Corporation increased by 20.0% and 18.4%, respectively, mainly due to a profit for the year from discontinued operations of $75.4 million resulting from the sale of Cogeco Peer 1 in the third quarter of fiscal 2019 compared to a loss for the year from discontinued operations of $24.4 million for the prior year in addition to the elements mentioned above.
Years ended August 31,|(in thousands of dollars, except percentages and earnings per share)|Profit for the year from continuing operations|Profit for the year|Profit for the year from continuing operations attributable to owners of the Corporation|Profit for the year attributable to owners of the Corporation|Profit for the year from continuing operations attributable to non-controlling interest(2)|Basic earnings per share from continuing operations|Basic earnings per share
2019|$|356,908|432,288|339,973|415,353|16,935|6.89|8.41
2018 (1)|$|384,578|360,197|375,214|350,833|9,364|7.61|7.12
Change|%|(7.2)|20.0|(9.4)|18.4|80.9|(9.5)|18.1
||Number of shares repurchased|Average price per share|Aggregate purchase price|Remaining authorization at end of period
|April 26, 2019|29|$ 72.87|$ 2,111|$ 1,889
Year Ended|April 27, 2018|15|$ 51.57|$ 794|$ 4,000
|April 28, 2017|22|$ 32.72|$ 705|$ 794
As of April 26, 2019, our Board of Directors has authorized the repurchase of up to $13.6 billion of our common stock under our stock repurchase program . Under this program, which we may suspend or discontinue at any time, we may purchase shares of our outstanding common stock through solicited or unsolicited transactions in the open market, in privately negotiated transactions, through accelerated share repurchase programs, pursuant to a Rule 10b5-1 plan or in such other manner as deemed appropriate by our management.
The members who have a claim on above dividends and shares may claim the same from IEPF Authority by
submitting an online application in the prescribed Form No. IEPF-5 available on the website www.iepf.gov.
in and sending a physical copy of the same, duly signed to the Company, along with requisite documents
enumerated in the Form No. IEPF-5. No claims shall lie against the Company in respect of the dividend/shares
so transferred. The Members/Claimants can file only one consolidated claim in a financial year as per the IEPF
Rules.
(in millions)|Accounts receivable, net|Other current assets (1)|Other long-term assets (2)|Total assets|Short-term contract liabilities|Other current liabilities|Long-term contract liabilities|Deferred income tax liabilities|Total liabilities|Retained earnings
Balance as of March 30, 2018|$809|$522|$526|$15,759|$2,368|$372|$735|$592|$10,736|$328
Revenue Recognition Guidance|$24|$(8)|$57|$73|$(107)|$(2)|$(62)|$47|$(124)|$197
Accounting for Income Taxes Guidance|$—|$(8)|$750|$742|$—|$—|$—|$—|$—|$742
Opening Balance as of March 31, 2018|$833|$506|$1,333|$16,574|$2,261|$370|$673|$639|$10,612|$1,267
|Restaurants:|Restaurant facility expenditures|Purchases of assets intended for sale or sale and leaseback|New restaurants|Other, including information technology||Corporate Services:|Information technology|Other, including facility improvements||Total capital expenditures
2019||$9,202|21,660|1,381|3,597|35,840||9,405|2,404|11,809|$47,649
2018||$17,949|5,497|2,088|7,572|33,106||4,584|152|4,736|$37,842
Our capital expenditure program includes, among other things, restaurant remodeling, information technology enhancements, and investments in new locations and equipment. In 2019, capital expenditures increased by $9.8 million primarily due to an increase of $16.2 million in purchases of assets intended for sale or sale and leaseback, partially offset by a $8.7 million decrease in restaurant capital maintenance and facility improvement spending mainly from a decrease in the average number of company-operated restaurants compared to the prior year. The increase in purchases of assets intended for sale or sale and leaseback was primarily due to the Company’s purchase of a commercial property in Los Angeles, California, on which an existing company restaurant and another retail tenant are located. The purchase price was $17.3 million, and we currently intend to sell the entire property and lease back the parcel on which our company operated restaurant is located within the next 12 months.
Basic net loss per common share for the years ended December 31, 2019 and 2018 was computed by dividing the net loss attributable to Neonode Inc. for the relevant period by the weighted average number of shares of common stock outstanding during the year. Diluted loss per common share is computed by dividing net loss attributable to Neonode Inc. for the relevant period by the weighted average number of shares of common stock and common stock equivalents outstanding during the year.
||Cost of revenues|Research and development|Sales and marketing|General and administrative|Total share-based compensation expense
|2019|$8,741|23,132|38,325|31,156|$101,354
Year ended December 31,|2018|$4,982|14,975|27,324|20,807|68,088
|2017|$3,735|9,550|16,015|12,760|42,060
|Contractual Obligations |Debt Obligations (1) |Capital Lease Obligations (2) |Operating Lease Obligations|Purchase Obligations (3) |Repatriation Tax on Undistributed Foreign Earnings (4)|Other Liabilities on the Balance Sheet (5)|Other Liabilities not on the Balance Sheet (6) |Other Financing Obligations (7) |Total Contractual Cash Obligations 
|Total |$288.3|49.8|40.8|620.0|65.1|15.0|8.6|119.0|$1,206.6
Payments Due by Fiscal Year|2020|$101.2|6.7|10.4|598.8|5.5|3.3|1.8|4.3|$732.0
|2021-2022 |$12.4|6.4|12.2|20.7|11.4|4.0|—|9.0|$76.1
|2023-2024 |$12.2|2.5|8.8|0.4|16.3|0.6|1.3|9.4|$51.5
|2025 and
thereafter|$162.5|34.2|9.4|0.1|31.9|7.1|5.5|96.3|$347.0
December 31, 2019|Technology|Customer relationships|Trademarks and other|Total|December 31, 2018|Technology|Customer relationships|Trademarks and other|Total
Gross Carrying Amount|$83,368|108,995|26,888|$219,251|Gross Carrying Amount|$39,879|35,509|2,501|$77,889
Accumulated Amortization|$(14,250)|(18,197)|(2,793)|$(35,240)|Accumulated Amortization|$(7,927)|(13,484)|(1,568)|$(22,979)
Net Carrying Amount|$69,118|90,798|24,095|$184,011|Net Carrying Amount|$31,952|22,025|933|$  54,910
|||Adjusted EBITDA|International and Global Accounts|Enterprise|Small and Medium Business|Wholesale|Consumer|Total segment EBITDA|Operations and Other EBITDA|Total adjusted EBITDA
|2019|||$2,286|3,490|1,870|3,427|4,914|$15,987|(7,216)|$8,771
Year Ended December 31,|2018|(Dollars in millions)||2,341|3,522|2,013|3,666|5,105|16,647|(8,045)|8,602
|2017|||821|2,456|1,581|2,566|5,136|12,560|(6,504)|6,056
||Software|Computer hardware|Leasehold improvements|Furniture|Purchases of property, equipment and software
|2019|$12.7|1.2|0.9|0.6|$15.4
Year Ended December 31,|2018|$5.4|0.8|0.2|0.2|$6.6
|2017|$2.3|0.8|0.5|0.5|$4.1
|||Outstanding at the beginning of the period|Exercised during the period|Granted during the period|Forfeited/lapsed during the period|Outstanding at the end of the period|Exercisable at the end of the period
2018/19||Options|17,835,628|(4,306,470)|5,022,240|(2,447,511)|16,103,887|2,673,154
|Weighted average exercise price|(p)|33|32|30|33|32|32
2017/18||Options|20,231,334|(3,536,539)|4,988,669|(3,847,836)|17,835,628|792,451
|Weighted average exercise price|(p)|35|34|33|44|33|35
|At 31 March|Current liabilities|Listed bonds|Finance leases|Bank loans|Other loans and bank overdrafts a|Total current liabilities|Non-current liabilities|Listed bonds|Finance leases|Other loans|Total non-current liabilities|Total
2019|£m||1,367|16|–|717|2,100||14,586|190|–|14,776|16,876
2018|£m||1,702|18|–|561|2,281||11,789|205|–|11,994|14,275
2017|£m||1,539|15|352|726|2,632||9,866|214|1|10,081|12,713
||Consolidated Statements of Operations Data:                    |Net revenues|Operating income (loss) (1)|Net loss|Net loss per share – basic|Net loss per share – diluted|Shares used in per share calculation – basic|Shares used in per share calculation – diluted
|2019||$995,789|$(14,726)|$(25,853)|$(0.22)|$(0.22)|117,954|117,954
Year Ended June 30,|2018||$983,142 (2)|$(38,210)|$(46,792)|$(0.41)|$(0.41)|114,221|114,221
|2017||$607,084|$6,040|$(1,744)|$(0.02)|$(0.02)|108,273|108,273
|2016||$519,834|$(30,029)|$(36,363)|$(0.35)|$(0.35)|103,074|103,074
|2015||$552,940|$(62,994)|$(71,643)|$(0.72)|$(0.72)|99,000|99,000
The following table sets forth selected consolidated financial data for each of the fiscal years ended June 30, 2019, 2018, 2017, 2016 and 2015 derived from the Company’s audited financial statements (in thousands, except per share amounts). The consolidated financial data as of and for the years ended June 30, 2015 are derived from the audited financial statements which have not been adjusted for the adoption of Accounting Standards update 2014- 09, Revenue from Contracts with Customers (Topic 606). These tables should be reviewed in conjunction with the Consolidated Financial Statements in Item 8 and related Notes, as well as Item 7, “Management’s Discussion and Analysis of Financial Condition and Results of Operations.” Historical results may not be indicative of future results.
||Discount rate for scheme liabilities|CPI inflation|RPI inflation|Pension increases|Pre 1988 GMP|Post 1988 GMP|Pre 2004 non GMP|Post 2004
2019|%|2.45|2.35|3.45||–|2.10|5.00|3.35
2018|%|2.60|2.25|3.35||–|2.10|5.00|3.25
|Outstanding at December 31, 2016|Granted|Exercised|Canceled/Forfeited|Outstanding at December 31, 2017|Granted|Exercised|Canceled/Forfeited|Outstanding at December 31, 2018|Granted|Exercised|Canceled/Forfeited|Outstanding at December 31, 2019|Vested and expected to vest as of December 31, 2019|Excercisable as of December 31, 2019
Number of Options Outstanding (in thousands)|7,384|25|(1,722)|(401)|5,286|-|(1,138)|(17)|4,131|-|(1,742)|(132)|2,257|2,259|2,243
Weighted- Average Exercise Price Per Share|$10.59|23.99|10.39|16.04|$10.30|-|8.17|18.79|$10.86|-|8.53|2.73|$13.13|$13.13|$13.10
Weighted- Average Contractual Term (in Years)|5.3||||4.2||||3.3||||2.5|2.5|2.5
Aggregate Intrinsic Value (in thousands)|$74,065||||$201,480||||$295,921||||$351,428|$351,362|$349,002
|Net Sales:|Ardent Mills .|Others|Total net sales .|Gross margin:|Ardent Mills .|Others|Total gross margin|Earnings after income taxes:|Ardent Mills .|Others|Total earnings after income taxes
2019||$3,476.0|195.4|$3,671.4||$281.9|45.5|$327.4||$151.9|18.1|$170.0
2018||$3,344.1|198.8|$3,542.9||$386.5|34.8|$421.3||$197.0|10.1|$207.1
2017||$3,180.0|177.7|$3,357.7||$340.3|34.6|$374.9||$152.0|10.1|$162.1
Our revenues and operating results are significantly affected by the timing, number and breadth of our theatrical releases and their budgets, the timing of television syndication agreements, and our amortization policy for the first 12 months of commercial exploitation for a film. The timing of releases is determined based on several factors. A significant portion of the films we distribute are delivered to Indian theaters at times when theater attendance has traditionally been highest, including school holidays, national holidays and the festivals. This timing of releases also takes into account competitor film release dates, major cricket events in India and film production schedules. Significant holidays and festivals, such as Diwali, Eid and Christmas, occur during July to December each year, and the Indian Premier League cricket season generally occurs during April and May of each year. The Tamil New Year, called Pongal, falls in January each year making the quarter ending March an important one for Tamil releases.
|||Revenue|Adjustment towards significant financing component|Gross Revenue
|June 30, 2018||60,212|6,410|66,622
Three Months Ended|September 30, 2018|(in thousands)|63,425|8,837|72,262
|December 31, 2018||76,744|9,917|86,661
|March 31, 2019||69,745|9,303|79,048
Production start-up expense consists primarily of employee compensation and other costs associated with operating a production line before it is qualified for full production, including the cost of raw materials for solar modules run through the production line during the qualification phase and applicable facility related costs. Costs related to equipment upgrades and implementation of manufacturing process improvements are also included in production start-up expense as well as costs related to the selection of a new site, related legal and regulatory costs, and costs to maintain our plant replication program to the extent we cannot capitalize these expenditures. In general, we expect production start-up expense per production line to be higher when we build an entirely new manufacturing facility compared with the addition or replacement of production lines at an existing manufacturing facility, primarily due to the additional infrastructure investment required when building an entirely new facility.
During 2019, we incurred production start-up expense at our new facility in Lake Township, Ohio. We also incurred production start-up expense at our second facility in Ho Chi Minh City, Vietnam in early 2019. During 2018, we incurred production start-up expense for the transition to Series 6 module manufacturing at our facilities in Kulim, Malaysia and Ho Chi Minh City, Vietnam. We also incurred production start-up expense for the transition to Series 6 module manufacturing at our facility in Perrysburg, Ohio in early 2018.
|(Dollars in thousands)|Production start-up|% of net sales
|2019|$45,915|1.5%
Years Ended|2018|$90,735|4.0%
|2017|$42,643|1.4%
|2019 over 2018|$(44,820)|
Change||(49)%|
|2018 over 2017|$48,092|
||113%|
||Long-term debt obligations (1)|Operating lease obligations (2)|Purchase obligations|
|Total|$3,408,565|318,851|11,280|$3,738,696
|July 1, 2019— June 30, 2020|$147,059|72,853|8,364|$228,276
Payments due between|July 1, 2020— June 30, 2022|$292,156|106,394|2,747|$401,297
|July 1, 2022— June 30, 2024|$1,045,567|59,441|169|$1,105,177
|July 1, 2024 and beyond|$1,923,783|80,163|—|$2,003,946
|Balance at March 31, 2018|Restructuring charges|Payments|Accrual reversals|Balance at March 31, 2019
Lease abandonment charges|$—|1,034|(540)|—|$494
Severance & payroll related charges|$—|14,606|(12,642)|(875)|$1,089
Total|$—|15,640|(13,182)|(875)|$1,583
In fiscal 2019, the Company initiated a restructuring plan to increase efficiency in its sales, marketing and distribution functions as well as reduce costs across all functional areas. During the year ended March 31, 2019, the Company incurred total restructuring charges of $14,765. These restructuring charges relate primarily to severance and related costs associated with headcount reductions and lease abandonment charges associated with two leases. These charges include $2,632 of stock- based compensation related to modifications of existing unvested awards granted to certain employees impacted by the restructuring plan.
|Current:|Federal|State|Foreign|Deferred:|Federal|State|Foreign|Income tax benefit (provision)
2019||$(1.7)|(5.0)|(48.2)||1.4|0.5|53.2|$0.2
2018||$(1.4)|(1.8)|(189.7)||4.0|0.7|298.3|$110.1
2017||$(0.1)|(3.8)|(113.4)||0.2|1.0|85.4|$(30.7)
Beginning in the taxable year ended December 31, 2012, the Company has filed, and intends to continue to file, U.S. federal income tax returns as a REIT, and its domestic TRSs filed, and intend to continue to file, separate tax returns as required. The Company also files tax returns in various states and countries. The Company’s state tax returns reflect different combinations of the Company’s subsidiaries and are dependent on the connection each subsidiary has with a particular state and form of organization. The following information pertains to the Company’s income taxes on a consolidated basis.
||Foreign Exchange Contracts:|Amounts reclassified from AOCI to earnings:|Net sales|Cost of goods sold|Selling, general and administrative|Total amounts reclassified from AOCI to earnings|Loss recognized in other expense for hedge ineffectiveness|Loss recognized in other expense for derivatives not designated as cash flow hedges|Total derivative gain on foreign exchange contracts recognized in earnings|Interest Rate Swaps:|Benefit recorded in interest expense|Total gain
|2019|||$—|860|92|952|—|—|$952||$491|$1,443
Years Ended December 31,|2018|||$383|(6)|107|484|—|—|$484||$421|$905
|2017|||$(488)|497|45|54|(1)|(15)|$38||$37|$75
|Gross amount of accumulated depreciation at beginning|Additions during period:|Depreciation|Other|Total additions|Deductions during period:|Amount of accumulated depreciation for assets sold or disposed|Other (7)|Total deductions|Balance at end
2019|$(5,724.7)||(768.4)|—|(768.4)||121.4|(10.5)|110.9|$(6,382.2)
2018|$(5,181.2)||(751.4)|—|(751.4)||129.3|78.6|207.9|$(5,724.7)
2017|$(4,548.1)||(718.7)|—|(718.7)||100.7|(15.1)|85.6|$(5,181.2)
|Allowance for Doubtful Accounts:|Fiscal Year 2019|Fiscal Year 2018|Fiscal Year 2017|Allowance for Deferred Tax Assets:|Fiscal Year 2019|Fiscal Year 2018|Fiscal Year 2017
Balance at Beginning of Period||$—|$—|$—||$54,913|$55,931|$79,150
Charged to Costs and Expenses||$—|$—|$—||$3,227|$—|$—
Write-offs||$5|$—|$—||$—|$(1,018)|$(23,219)
Balance at End of Period||$—|$—|$—||$58,140|$54,913|$55,931
||||Balance of unrecognized tax benefits as at January 1|Increases for positions related to the current year|Changes for positions taken in prior years|Decreases related to statute of limitations|Increase due to acquisition of TIL|Decrease due to deconsolidation of Altera|Balance of unrecognized tax benefits as at December 31
Year Ended|December 31,|2019|$|40,556|5,829|19,119|(2,546)|—|—|62,958
Year Ended|December 31,|2018|$|31,061|9,297|981|(783)|—|—|40,556
Year Ended|December 31,|2017|$|19,492|2,631|3,475|(1,562)|8,528|(1,503)|31,061
Sales and marketing expenses in 2019 decreased by $7.6 million, or 32%, as compared to 2018. This decrease was primarily due to a reduction in the global sales support and marketing headcount, including reductions that were part of our restructuring activities during 2019 (refer to Note 4 of the accompanying consolidated financial statements), contributing to net decreases of $4.8 million in personnel-related costs, and $1.0 million in allocated facilities and information technology costs as compared to 2018. Restructuring costs in 2019 decreased $0.4 million, as there were additional restructuring activities in 2018, including a headcount reduction of approximately 13% of our workforce and the closure of certain leased facilities. The remaining decrease during 2019 was primarily the result of lower marketing costs of $0.6 million, as we eliminated or shifted the timing of certain of our marketing activities.