DEXTER-CQA/TAT-QA-corpus huggingface dataset:
A contract asset will be recorded if we have recognized revenue but do not have an unconditional right to the related consideration from the customer. For example, this will be the case if implementation services offered in a cloud arrangement are identified as a separate performance obligation and are provided to a customer prior to us being able to bill the customer. In addition, a contract asset may arise in relation to subscription licenses if the license revenue that is recognized upfront exceeds the amount that we are able to invoice the customer at that time. Contract assets are reclassified to accounts receivable when the rights become unconditional.
|Revenues|Cost of revenues|Gross profit|Operating expenses:|Sales and marketing|Product development|General and administrative|Total operating expenses|Income from operations|Other income (loss), net|Income before income taxes|Income tax expense|Net income
2019|100.0%|10.6|89.4||54.2|6.2|20.5|80.9|8.5|(0.5)|8.0|4.3|3.7%
2018|100.0%|11.0|89.0||52.6|8.1|20.9|81.6|7.4|—|7.4|3.2|4.2%
Fiscal 2019|Duo|Luxtera|Others (three in total)|Total
Purchase Consideration|$2,025|596|65|$2,686
Net Tangible Assets Acquired (Liabilities Assumed)|$(57)|(19)|2|$(74)
Purchased Intangible Assets|$342|319|11|$672
Goodwill|$1,740|296|52|$2,088
||Contractual Obligations|Convertible senior notes principal|Convertible senior notes stated interest|Operating leases|Purchase obligations|Total contractual obligations
|Less than|1 year|$-|6,591|7,565|39,390|$53,546
|1 - 3|years|$122,527|10,196|12,628|-|$145,351
Future Estimated Cash Payments Due by Period|3 - 5|years|$-|9,200|12,325|-|$21,525
||> 5 years|$230,000|6,900|7,659|-|$244,559
||Total|$352,527|32,887|40,177|39,390|$464,981
Our stockholders approved the 2010 Directors Stock Plan (the “2010 Directors Plan”) in May 2010, under which 0.5 million shares of common stock have been reserved for issuance. This plan replaced the 2005 Directors Stock Option Plan. Under the 2010 Directors Plan, the Company may issue stock options, restricted stock and RSUs to our non-employee directors. Stock awards issued under the 2010 Directors Plan become vested in full on the first anniversary of the grant date. Options issued under the 2010 Directors Plan had a ten-year contractual term. All remaining options under the 2010 Directors Plan expired in 2019.
In January 2015, the Board of Directors adopted the 2015 Plan, which authorized 7.7 million shares of common stock for issuance to certain employees and officers through incentive stock options and non-qualified stock options, stock appreciation rights, PSUs, RSUs and restricted stock. The 2015 Plan was adopted by stockholder approval at our annual meeting of stockholders held in May 2015. PSUs, RSUs and restricted stock granted under the 2015 Plan reduce the shares authorized for issuance under the 2015 Plan by 2.5 shares of common stock for each share underlying the award. Options granted under the 2015 Plan typically become exercisable beginning after one year of continued employment, normally pursuant to a four-year vesting schedule beginning on the first anniversary of the grant date and have a ten-year contractual term. Expiration dates of options outstanding as of December 31, 2019 under the 2015 Plan range from 2025 to 2026.
(In thousands)|Stock-based compensation expense included in cost of sales|Selling, general and administrative expense|Research and development expense|Stock-based compensation expense included in operating expenses|Total stock-based compensation expense|Tax benefit for expense associated with non-qualified options, PSUs, RSUs and restricted stock|Total stock-based compensation expense, net of tax
2019|$369|3,889|2,704|6,593|6,962|(1,659)|$5,303
2018|$418|3,989|2,748|6,737|7,155|(1,432)|$5,723
2017|$379|4,063|2,991|7,054|7,433|(1,699)|$5,734
||Cash flow from operating activities of continuing operations:|Loss from continuing operations|Adjustments to reconcile net loss to net cash used in operating activities:|Depreciation and amortization|Stock and share-based compensation|Settlement with Sellers of Golden Ridge|Provision for bad debts|Other|Changes in operating assets and liabilities:|Accounts receivable|Inventories|Accounts payable and accrued expenses|Commodities payable|Other|Net cash used in operating activities of continuing operations
Year Ended December 31|2019||$ (13,735)||1,930|1,360|( 849)|472|13||(1,102)|332|(296)|(1,340)|(235)|$(13,450)
|2018||$ (8,101)||773|886|-|-|(14)||331|(138)|935|176|(89)|$(5,241)
Deferred contract costs are assessed for impairment on an annual basis. An impairment charge is recognized to the extent the carrying amount of a deferred cost exceeds the remaining amount of consideration expected to be received in exchange for the goods and services related to the cost, less the expected costs related directly to providing those goods and services that have not yet been recognized as expenses. There have been no impairment charges recognized for the year ended December 31, 2019 and 2018.
|Net Sales|United States|Singapore|Taiwan|China|Czech Republic|Other non-U.S.|Consolidated net sales
|2019|$279,904|32,957|19,810|87,342|33,214|15,772|$468,999
Years Ended December 31,|2018|$313,489|6,724|20,802|79,380|36,528|13,560|$470,483
|2017|$287,092|5,596|18,586|66,510|34,476|10,733|$422,993
In the first quarter of 2019, the Company determined that certain revenue in the IT Services and Hardware segment associated with nonrecurring projects is better aligned with Infrastructure Solutions, rather than Consulting, where it was previously reported.  As a result, the Company reclassed revenue of $26.6 million and $12.3 million from Consulting to Infrastructure Solutions for the twelve months ended December 31, 2018 and 2017, respectively.  This reclassification of revenue had no impact on the Consolidated Statements of Operations
Year ended December 31,|(dollars in millions)|Entertainment and Communications|Products and services transferred at a point in time|Products and services transferred over time|Intersegment revenue|Total Entertainment and Communications|IT Services and Hardware|Products and services transferred at a point in time|Products and services transferred over time|Intersegment revenue|Total IT Services and Hardware|Total Revenue|Total products and services transferred at a point in time|Total products and services transferred over time|Total revenue
|2019||$31.7|942.4|21.6|995.7||138.7|423.9|4.8|567.4||170.4|1,366.3|$1,536.7
|2018||$25.3|805.8|22.3|853.4||142.9|404.2|3.8|550.9||168.2|1210.0|$1,378.2
|2017||$20.6|664.3|21.2|706.1||80.8|300.0|4.3|385.1||101.4|964.3|$1,065.7
||Amounts in thousands of U.S. Dollars|Pool gross revenues (included in Revenues)|Pool gross voyage expenses and commissions (included in Voyage expenses and commissions)|GasLog’s adjustment for net pool allocation (included in Net pool allocation)|GasLog’s total net pool performance
For the year ended|2017||38,046|(9,122)|7,254|36,178
|2018||102,253|(10,154)|17,818|109,917
Net Pool Allocation: Net pool allocation increased by $10.5 million, from $7.3 million during the year ended December 31, 2017 to $17.8 million during the year ended December 31, 2018. The increase in net pool allocation was attributable to the movement in the adjustment of the net pool results earned by the GasLog vessels in accordance with the pool distribution formula. GasLog recognized gross revenues and gross voyage expenses and commissions of $102.3 million and $10.2 million, respectively, from the operation of its vessels in the Cool Pool during the year ended December 31, 2018 (December 31, 2017: $38.0 million and $9.1 million, respectively). The increase in GasLog’s total net pool performance was driven by higher spot rates and higher utilization achieved by all vessels trading in the Cool Pool. GasLog’s total net pool performance is presented below:
Voyage Expenses and Commissions: Voyage expenses and commissions increased by 32.5%, or $5.0 million, from $15.4 million during the year ended December 31, 2017 to $20.4 million during the year ended December 31, 2018. The increase in voyage expenses and commissions is mainly attributable to an increase of $3.6 million in bunkers consumed and voyage expenses during certain unchartered and off-hire periods, an increase of $0.3 million in voyage expenses of the vessels operating in the spot market and an increase of $1.1 million in brokers’ commissions.
USDm|Total staff costs|Staff costs included in operating expenses|Staff costs included in administrative expenses|Total|Staff costs comprise the following|Wages and salaries|Share-based compensation|Pension costs|Other social security costs|Other staff costs|Total|Average number of permanent employees|Seafarers|Land-based|Total
2019||8.1|37.7|45.8||37.2|1.9|3.5|0.9|2.3|45.8||107.6|313.5|421.1
2018||9.3|36.9|46.2||38.1|2.1|3.3|0.6|2.1|46.2||111.7|302.2|413.9
2017||9.2|34.6|43.8||36.4|1.9|3.1|0.3|2.1|43.8||130.6|286.6|417.2
|(In millions)|Net foreign exchange transaction loss|Bank fee expense|Pension income other than service costs|Loss on debt redemption and refinancing activities|Other, net(1)|Other (expense) income, net
|2019|$ (7.7)|(5.0)|1.0|(16.1)|8.3|$ (19.5)
Year Ended December 31,|2018|$ (16.7)|(4.4 )|3.9|(1.9 )|1.0|$ (18.1)
|2017|$ (5.9)|(5.8)|16.7|—|1.2|$ 6.2
|(dollars in millions)|Retained earnings|Accumulated other comprehensive income|Noncontrolling interests
|At December 31, 2017|35,635|2,659|1,591
Adjustments due to|Topic 606|2,890|—|44
Adjustments due to|ASU 2018-02|(652)|652|—
Adjustments due to|Other ASUs|(6)|(22)|—
|At January 1, 2018|37,867|3,289|1,635
Three months ended August 31,|(in thousands of dollars, except percentages)|Canadian broadband services|American broadband services|
2019 (1)|$|319,935|263,738|583,673
2018 (2)|$|319,741|246,443|566,184
Change|%|0.1|7.0|3.1
Change in constant currency (3)|%|0.1|6.0|2.7
Foreign exchange impact (3)|$ $|-|2,427|2,427
Fiscal 2019 fourth-quarter revenue increased by 3.1% (2.7% in constant currency) resulting from: • growth in the American broadband services segment mainly due to strong organic growth and the FiberLight acquisition. • stable revenue in the Canadian broadband services segment mainly as a result of: ◦ rate increases; partly offset by ◦ decreases in video and telephony services customers compared to the same period of the prior year primarily due to issues resulting from the implementation of a new customer management system in the second half of fiscal 2018.
||Balances, January 31, 2018|Settlements|(Losses) Gains included in earnings (1)|Losses included in OCI|Balances, January 31, 2019
|Derivative Contracts|$1.0|—|(0.2)|—|$0.8
Fair Value Fair Value Measurements Using Significant Unobservable Inputs (Level 3)|Convertible Debt Securities|$7.8|(3.5)|0.5|(0.4)|$4.4
|Total|$8.8|(3.5)|0.3|(0.4)|$5.2
Autodesk's cash equivalents, marketable securities, and financial instruments are primarily classified within Level 1 or Level 2 of the fair value hierarchy. Autodesk values its securities on pricing from pricing vendors, who may use quoted prices in active markets for identical assets (Level 1) or inputs other than quoted prices that are observable either directly or indirectly in determining fair value (Level 2). Autodesk's Level 2 securities are valued primarily using observable inputs other than quoted prices in active markets for identical assets and liabilities. Autodesk's Level 3 securities consist of investments held in convertible debt securities, and derivative contracts.
Autodesk applies fair value accounting for certain financial assets and liabilities, which consist of cash equivalents, marketable securities, and other financial instruments, on a recurring basis. The Company defines fair value as the price that would be received from selling an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Fair value is estimated by applying the following hierarchy, which prioritizes the inputs used to measure fair value into three levels and bases the categorization within the hierarchy upon the lowest level of input that is available and significant to the fair value measurement: (Level 1) observable inputs such as quoted prices in active markets; (Level 2) inputs other than quoted prices in active markets for identical assets and liabilities, quoted prices for identical or similar assets or liabilities in inactive markets, or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities; and (Level 3) unobservable inputs for which there is little or no market data, which require Autodesk to develop its own assumptions. When determining fair value, Autodesk uses observable market data and relies on unobservable inputs only when observable market data is not available. Autodesk reviews for any potential changes on a quarterly basis, in conjunction with our fiscal quarter-end close.
|||Reseller revenue|Internal-use revenue|Collaborative technology project receipts
||January 31, 2020|$3,288|82|10
Revenue and Receipts|For the Year Ended|February 1, 2019|$2,355|41|4
||February 2, 2018|$1,464|46|—
Unearned Revenue|As of|January 31, 2020|$3,787|57|n/a
||February 1, 2019|$2,554|29|n/a
|Cash and cash equivalents and investments|Cash provided by operating activities|Deferred revenue (1)|Repurchases of common stock—stock repurchase program|Dividends|Inventories
Fiscal 2019|$33,413|$15,831|$18,467|$20,577|$5,979|$1,383
Fiscal 2018|$46,548|$13,666|$19,685|$17,661|$5,968|$1,846
||Federal statutory rate|Foreign rate differential|State taxes net of federal benefit|Warrant liabilities|Change in valuation allowance|Research and development credits|Provision to return adjustments|Section 382 adjustment|Nondeductible compensation expense|Global Intangible Low Taxed Income|Nondeductible legal fees|2017 tax reform|Intra-entity license transfer|Other permanent differences|Effective income tax rate
|2019|21.0%|1.6|0.9|—|(2.4)|1.4|0.3|(19.3)|(0.6)|(2.9)|—|—|9.4|(0.1)|9.3%
Fiscal Years|2018|24.5%|5.1|0.8|4.4|34.0|9.0|8.3|—|1.4|—|0.9|(73.7)|—|(0.9)|13.8%
|2017|35.0%|31.9|0.2|(1.8)|(270.0)|12.8|(4.0)|—|(4.1)|—|(3.9)|—|—|0.1|(203.8)%
As of July 27, 2019, $1.7 billion of the unrecognized tax benefits would affect the effective tax rate if realized. During fiscal 2019, we recognized $30 million of net interest expense and $6 million of penalty expense. During fiscal 2018, we recognized $10 million of net interest expense and no net penalty expense. During fiscal 2017, we recognized $26 million of net interest expense and a $4 million reduction in penalties. Our total accrual for interest and penalties was $220 million, $180 million, and $186 million as of the end of fiscal 2019, 2018, and 2017, respectively. We are no longer subject to U.S. federal income tax audit for returns covering tax years through fiscal 2010. We are no longer subject to foreign or state income tax audits for returns covering tax years through fiscal 1999 and fiscal 2008, respectively.
Years Ended|Beginning balance|Additions based on tax positions related to the current year|Additions for tax positions of prior years|Reductions for tax positions of prior years .|Settlements|Lapse of statute of limitations .|Ending balance .
July 27, 2019|$2,000|185|84|(283)|(38)|(23)|$ 1,925
July 28, 2018|$1,973|251|84|(129)|(124)|(55)|$ 2,000
July 29, 2017|$1,627|336|180|(78)|(43)|(49)|$ 1,973
||Current portion of Euro Term Loan(1)|1.3% Term loan due 2024|1.0% State of Connecticut term loan due 2023|Capital lease obligations|Line of credit borrowings|Total current portion of long-term obligations
Fiscal year-end|2019|$2,748|1,367|378|370|10,000|$14,863
|2018|$3,092|1,448|374|158|—|$5,072
(In thousands, except per share amounts)|Unvested PSUs, RSUs and restricted stock outstanding, December 31, 2018|PSUs, RSUs and restricted stock granted|PSUs, RSUs and restricted stock vested|PSUs, RSUs and restricted stock forfeited|Unvested RSUs and restricted stock outstanding, December 31, 2019
Number of Shares|1,570|897|(368)|(208)|1,891
Weighted Average Grant Date Fair Value|$18.52|$9.63|$17.23|$18.24|$14.58
||Grant date (1)|Performance period start date|Exercise date|Expected volatility (2)|Expected dividend yield|Risk-free interest rate|Weighted average fair value at grant date
2019|F19 LTI|30 Nov 2018|1 Jul 2018|1 Jul 2021|15.0%|4.0%|2.1%|$24.63
2018|F18 LTI|31 Oct 2017|1 Jul 2017|1 Jul 2020|16.0%|4.0%|1.9%|$20.23
December 31, 2019|Technologies & licenses|Purchased & internally developed software|Technologies in progress|Other intangible assets|Total|December 31, 2018|Technologies & licenses|Purchased & internally developed software|Technologies in progress|Other intangible assets|Total
Gross Cost|699|486|119|70|1,374|Gross Cost|705|459|44|69|1,277
Accumulated Amortization|(578)|(427)|—|(70)|(1,075)|Accumulated Amortization|(592)|(404)|—|(69)|(1,065)
Net Cost|121|59|119|—|299|Net Cost|113|55|44|—|212
||Net income attributable to ON Semiconductor Corporation|Basic weighted average common shares outstanding|Add: Incremental shares for:|Dilutive effect of share-based awards|Dilutive effect of convertible notes|Diluted weighted average common shares outstanding|Net income per common share attributable to ON Semiconductor Corporation:|Basic|Diluted
|2019|$211.7|410.9||1.9|3.2|416.0||$0.52|$0.51
Year ended December 31,|2018|$627.4|423.8||4.3|7.8|435.9||$1.48|$1.44
|2017|$810.7|421.9||5.5|0.9|428.3||$1.92|$1.89
|($ in millions, except per share data)|Net sales|Net sales excluding surcharge revenue (1)|Operating income|Net income|Diluted earnings per share|Purchases of property, plant, equipment and software|Free cash flow (1)|Pounds sold (in thousands) (2)
|2019|$2,380.2|$1,942.1|$241.4|$167.0|$3.43|$180.3|$(53.7)|267,536
Years Ended June 30,|2018|$2,157.7|$1,792.3|$189.3|$188.5|$3.92|$135.0|$34.7|265,620
|2017|$1,797.6|$1,558.4|$121.5|$47.0|$0.99|$98.5|$(16.8)|236,346
||United States|United Kingdom|Australia|Far East/Middle East|Other|Total sales
|2019|$  956.6|218.2|163.5|74.0|84.2|$1,496.5
Years Ended September 30,|2018|$  627.8|240.7|166.7|86.4|81.3|$1,202.9
|2017|$  522.8|219.4|175.6|112.7|77.2|$1,107.7
The weighted average estimated fair value, as defined by the amended authoritative guidance, of rights issued pursuant to the Company’s ESPP during 2019, 2018 and 2017 was $4.28, $5.18 and $6.02, respectively. Sales under the ESPP were 24,131 shares of common stock at an average price per share of $9.76 for 2019, 31,306 shares of common stock at an average price per share of $15.40 for 2018, and 38,449 shares of common stock at an average price per share of $12.04 for 2017.
|||For the fiscal year:|Net revenue|(Loss) income from operations|Net (loss) income|Cash flow from operations|Common stock data:|Basic net (loss) income per share|Diluted net (loss) income per share|At year end:|Total assets|Long-term liabilities|Stockholders’ (deficit) equity
|2019 (1)|(In millions, except per share data)||$2,569.8|(25.0)|(80.8)|$377.1||$(0.37)|$(0.37)||$4,729.2|2,638.9|$(210.9)
|2018|||$2,056.6|(509.1)|(566.9)|$0.9||$(2.58)|$(2.58)||$4,113.6|2,246.4|$(256.0)
Fiscal Year Ended January 31,|2017|||$2,031.0|(499.6)|(582.1)|$169.7||$(2.61)|$(2.61)||$4,798.1|1,879.1|$733.6
|2016|||$2,504.1|1.3|(330.5)|$414.0||$(1.46)|$(1.46)||$5,515.3|2,304.7|$1,619.6
|2015|||$2,512.2|120.7|81.8|$708.6||$0.36|$0.35||$4,909.7|1,290.4|$2,219.2
||Revenue (U.S.):|Subscription and returns|Tax determination|Tax returns and compliance management|Interest income on funds held for customers|Total subscription and returns|Professional services|Total revenue (U.S.)|Total revenue (non U.S.)|Total revenue
|2019|||$203,584|127,815|3,213|334,612|24,399|359,011|23,410|$382,421
For the Year Ended December 31,|2018|||$147,847|91,239|1,055|240,141|15,126|255,267|16,831|$272,098
|2017|||$114,575|74,454|-|189,029|12,476|201,505|11,654|$213,159
As of June 30, 2019 and 2018, the Group had certificates of deposit and time deposits totaling $3.7 million and $3.7 million which were classified as long-term and were included in security deposits. Included in the Group’s other non-current assets balance as of June 30, 2019 and 2018 were $7.1 million and $6.6 million respectively, of restricted cash used for commitments of standby letters of credit related to facility leases and were not available for the Group’s use in its operations.
||Within one year|In more than one year but less than two years|In more than two years but less than three years|In more than three years but less than four years|In more than four years but less than five years|In more than five years|
2019|€m|2,834|1,654|1,227|950|739|3,412|10,816
2018|€m|2,686|1,633|1,155|903|717|2,600|9,694
|Years Ended December 31,|Cost of services |Cost of wireless equipment |Selling, general and administrative expense|Depreciation and amortization expense |Media goodwill impairment |Consolidated Operating Expenses
|2019|$ 31,772|22,954|29,896|16,682|186|$101,490
|2018|$ 32,185|23,323|31,083|17,403|4,591|$ 108,585
(dollars in millions)  Increase/ (Decrease)|2019 vs. 2018|$ (413)|(369)|(1,187)|(721)|(4,405)|$ (7,095)
||(1.3)%|(1.6)|(3.8)|(4.1)|(95.9)|(6.5)
|(In millions)|Balance at beginning of year|Settlements with tax authorities|Lapse of statute of limitations|Increase related to prior period tax positions|Decrease related to prior period tax positions|Increase related to current year tax positions|Increase due to acquisition|Net increase|Balance at end of year
|March 29, 2019|$378|(3)|(17)|16|(11)|75|8|68|$446
Year Ended|March 30, 2018|$248|(4)|(3)|35|—|98|4|130|$378
|March 31, 2017|$197|(23)|(9)|21|(9)|38|33|51|$248
|||Asset category|Cash on deposit|Pooled funds|Total plan assets
|September 30, 2019|Fair Value Measurements Using Inputs Considered as|Total|$279|7,959|$8,238
|||Level 1|$279|7,959|$8,238
|||Level 2|$-|-|$-
Fair value as of|||Level 3|$-|-|$-
|September 30, 2018|Fair Value Measurements Using Inputs Considered as|Total|$36|8,234|$8,270
|||Level 1|$36|8,234|$8,270
|||Level 2|$-|-|$-
|||Level 3|$-|-|$-
(in thousands of $)|As of January 1|Additions|Transfer to vessels and equipment, net (note 16)|Transfer from vessels and equipment, net (note 16)|Transfer from other non-current assets (note 17)|Interest costs capitalized|As of December 31
2019|20,000|372,849|—|—|31,048|10,351|434,248
2018|1,177,489|118,942|(1,296,431)|20,000|—|—|20,000
Subscription cost of revenues and gross margin. Cost of subscriptions revenues increased by $50.9 million, or 46%, during fiscal year 2019 as compared to fiscal year 2018. Primary drivers of the increase were increases in third-party costs to support our solution offerings of $21.5 million, infrastructure support costs of $19.8 million including amortization expense from acquired intangible assets, and headcount and personnel and contractor related costs of $9.6 million including share-based compensation expense. These factors resulted in a decrease in gross margin.
Other cost of revenues and gross margin. Cost of other revenues increased by $23.0 million, or 48%, during fiscal year 2019 as compared to fiscal year 2018. This was primarily due to the increase in services personnel costs of $11.1 million including share-based compensation expense, cost of product sales of $10.6 million, and overhead costs of $1.3 million. Other revenues gross margin fluctuates based on timing of completion of professional services projects and discounting on phones.
|(in thousands, except percentages)|Cost of revenues|Subscriptions|Other|Total cost of revenues|Percentage of revenues|Subscriptions|Other|Gross margins|Subscriptions|Other|Total gross margin %
Year ended December 31,|2019||$160,320|70,723|$231,043||18%|8%||80%|17%|74%
|2018||$109,454|47,675|$157,129||16%|7%||82%|22%|77%
|$ Change||$50,866|23,048|$73,914|||||||
|% Change||46%|48%|47%|||||||
Year ended December 31,|2018||$109,454|47,675|$157,129||16%|7%||82%|22%|77%
|2017||$89,193|32,078|$121,271||18%|6%||81%|16%|76%
|$ Change||$20,261|15,597|$35,858|||||||
|% Change||23%|49%|30%|||||||