DEXTER-CQA/TAT-QA-corpus huggingface dataset:
In Endeavour Drinks, BWS and Dan Murphy’s key VOC metrics ended F19 at record highs, with improvements both in‐store and Online. Sales increased by 5.0% (3.2% normalised) to $8.7 billion with comparable sales increasing 2.3%. The market remained subdued throughout the year with declining volumes offset by price and mix improvements. Sales growth in H2 improved on H1 in both Dan Murphy’s and BWS, with Endeavour Drinks’ sales increasing by 4.8% (normalised) with comparable sales increasing 4.0%, compared to 0.7% growth in H1. The timing of New Year’s Day boosted sales in H2 by 84 bps and Q3, in particular, also benefitted from more stable weather compared to Q2. Dan Murphy’s focus on ‘discovery’ driven range, service and convenience is also beginning to resonate with customers.
|All figures in USD ‘000, except TCE rate per day |Voyage Revenue  |Less Voyage expenses  |Net Voyage Revenue  |Vessel Calendar Days (1)  |Less off-hire days  |Total TCE days  |TCE Rate per day (2) |Total Days for vessel operating expenses
|2019|317,220|(141,770)|175,450|8,395|293|8,102|$21,655|8,395
Years Ended December 31,    |2018|289,016|(165,012)|124,004|9,747|277|9,470|$13,095|9,747
|Variance |9.8%|(14.1%)|41.5%|(13.9%)|5.8%|(14.4%)|65.4%)|(13.9%)
Fiscal Years||Statements of Operations:|Revenue|Cost of revenue|Gross profit|Operating expenses:|Research and development|Selling, general and administrative|Loss from operations|Interest expense|Interest income and other expense, net|Loss before income taxes|Provision for income taxes|Net loss
|2019||100%|43%|57%||120%|86%|(149)%|(3)%|2%|(150)%|1%|(151)%
|2018||100%|50%|50%||79%|79%|(108)%|(1)%|1%|(108)%|1%|(109)%
|2017||100%|55%|45%||79%|81%|(115)%|(1)%|—%|(116)%|1%|(117)%
||Net revenues by geographical region of shipment(1)|EMEA|Americas|Asia Pacific|Total revenues|Net revenues by nature|Revenues from sale of products|Revenues from sale of services|Other revenues|Total revenues|Net revenues by market channel(2)|Original Equipment Manufacturers (“OEM”)|Distribution|Total revenues
|December 31, 2019||2,265|1,351|5,940|9,556||9,381|148|27|9,556||6,720|2,836|9,556
Year ended|December 31, 2018||2,478|1,264|5,922|9,664||9,461|151|52|9,664||6,325|3,339|9,664
|December 31, 2017||2,142|1,085|5,120|8,347||8,175|133|39|8,347||5,549|2,798|8,347
(dollars in thousands)|Income tax net operating loss carryforwards:(1)|Domestic–state|Foreign|Tax credit carryforwards:(1)|Domestic–federal|Domestic–state|Foreign(2)
Last Fiscal Year of Expiration||2039|2039 or indefinite||2029|2027|2027 or indefinite
Amount||$57,299|$565,609||$39,784|$3,313|$15,345
|(In millions)|Assets allocated to segments:(1)|Food Care|Product Care|Total segments|Assets not allocated:|Cash and cash equivalents|Assets held for sale|Income tax receivables|Other receivables|Deferred taxes|Other|Total
December 31,|2019||$ 1,997.8|2,762.9|$ 4,760.7||262.4|2.8|32.8|80.3|238.6|387.6|$ 5,765.2
|2018||$ 1,914.4|2,273.8|$ 4,188.2||271.7|0.6|58.4|81.3|170.5|279.5|$ 5,050.2
(1) The assets allocated to segments as of December 31, 2018 have been revised to correct an error in the previous allocation of property and equipment. Assets allocated to Food Care were understated by $372.9 million with an offset to Product Care of $369.6 million and $3.3 million to assets not allocated. There is no impact to consolidated assets at December 31, 2018. This error did not impact the Company's annual assessment of goodwill impairment or any other impairment considerations of long-lived assets.
||Emissions from:|Combustion of fuel and operation of facilities (Scope 1)|Electricity, heat, steam and cooling purchased for own use (Scope 2)|Total emissions|Emissions intensity metrics:|Normalised per FTE employee|Normalised per square metre of gross internal area of our facilities|Normalised per $ million of revenues
2019|Tonnes of CO2e||144.7|4,641.0|4,785.7||3.46|0.114|9.50
2018|Tonnes of CO2e||137.2|4,950.4|5,087.6||3.57|0.125|10.67
The Company sponsors a defined benefit plan, the Woolworths Group Superannuation Plan (WGSP or the Plan), that provides superannuation benefits for employees upon retirement. The defined benefit plan is closed to new members. The assets of the WGSP are held in a sub-plan within AMP SignatureSuper that is legally separated from the Group. The WGSP invests entirely in pooled unit trust products where prices are quoted on a daily basis.
||Sales|Gross profit|Operating expenses|Operating income from continuing operations|Other income (expense), net|Income from continuing operations before income taxes|Provision for income taxes|Income from continuing operations, net of income taxes
Year Ended December 31,|2019|100.0 %|40.0|33.1|6.9|1.6|8.5|1.4|7.2 %
|2018|100.0 %|50.9|27.0|23.9|0.1|24.0|3.5|20.5 %
|December 31, 2019|Transaction related|Servicing related|Total|December 31, 2018|Transaction related|Servicing related|Total
Accounts Receivable, Gross||$12,863|6,868|$19,731||$14,704|864|$15,568
Allowance for Losses||$(238)|—|$(238)||$(168)|—|$(168)
Accounts Receivable, Net||$12,625|6,868|$19,493||$14,536|864|$15,400
||Net income|Non-cash charges|Changes in working capital|Cash provided by operating activities|Cash used in investing activities|Cash provided by (used in) financing activities
|December 27, 2019 |$24,193|$47,625|$(26,811)|$45,007|$(44,154)|$96,947
Fiscal Year Ended|December 28, 2018 |$20,402|$38,186|$(13,506)|$45,082|$(33,688)|$(10,442)
|December 29, 2017|$14,366|$28,725|$(11,594)|$31,497|$(42,406)|$19,429
Net cash provided by operations was $45.0 million for fiscal 2019 consisting of $24.2 million of net income and $47.6 million of non-cash charges, partially offset by an increase in working capital of $26.8 million. The increase in non-cash charges of $9.4 million is primarily driven by changes in the fair value of earn-out liabilities of $4.4 million and higher depreciation and amortization expense. The increase in working capital of $26.8 million is a result of organic growth and acquisitions and includes $1.8 million of earn-out liability payments classified as operating activities.
||Cost of revenues|Sales and marketing|Research and development|General and administrative|Total stock-based compensation expense
|2019|2,193|6,812|4,804|18,328|32,137
Year Ended December 31,|2018|2,315|6,596|6,137|16,338|31,386
|2017|2,000|6,621|7,949|15,682|32,252
As of December 31, 2019, there was $60.3 million unrecognized stock-based compensation expense of which $13.9 million is related to stock options and ESPP and $46.4 million is related to RSUs. The total unrecognized stock-based compensation expense related to stock options and ESPP as of December 31, 2019 will be amortized over a weighted-average period of 2.87 years. The total unrecognized stock-based compensation expense related to RSUs as of December 31, 2019 will be amortized over a weighted-average period of 2.69 years.
Revenue increased $616 million due to a $639 million increase in revenue from sales of our identity and information protection products acquired at the end of fiscal 2017, offset by a $23 million decrease in revenue related to our consumer security products. Our revenue growth reflects the benefit of the shift to subscription-based contracts and bundling of our consumer products, which is helping to mitigate the trend of declining revenues from sales of stand-alone security products. Operating income increased $272 million primarily due to sales of our identity and information protection products, partially offset by higher related cost of sales and operating expenses.
Year Ended May 31,||(Dollars in millions)||Americas (1)|EMEA (1)|Asia Pacific (1)|Total revenues (1)||Cloud services and license support (2)|Sales and marketing (2)|Total expenses (2)|Total Margin|Total Margin %||Americas|EMEA|Asia Pacific||Cloud services and license support (1)|Cloud license and on-premise license|Total revenues (1)||Applications revenues (1)|Infrastructure revenues (1)|Total revenues (1)
||2019|Cloud and License Revenues:|$18,410|9,168|5,004|32,582|Expenses:|3,597|7,398|10,995|$21,587|66%|% Revenues by Geography:|57%|28%|15%|Revenues by Offerings:|$26,727|5,855|$32,582|Revenues by Ecosystem:|$11,510|21,072|$32,582
||Actual||2%|0%|3%|2%||5%|3%|3%|1%|||||||2%|1%|2%||4%|0%|2%
|Percent Change|Constant||3%|4%|7%|4%||6%|5%|6%|3%|||||||4%|4%|4%||6%|3%|4%
||2018||$18,030|9,163|4,848|32,041||3,441|7,213|10,654|$21,387|67%||56%|29%|15%||$26,269|5,772|$32,041||$11,065|20,976|$32,041
Excluding the effects of currency rate fluctuations, our cloud and license business’ total revenues increased in fiscal 2019 relative to fiscal 2018 due to growth in our cloud services and license support revenues, which was primarily due to increased customer purchases and renewals of cloud-based services and license support services in recent periods, contributions from our recent acquisitions and increased cloud license and on-premise license revenues. In constant currency, our total applications revenues and our total infrastructure revenues each grew during fiscal 2019 relative to fiscal 2018 as customers continued to deploy our applications technologies and infrastructure technologies through different deployment models that we offer that enable customer choice. The Americas region contributed 43%, the EMEA region contributed 31% and the Asia Pacific region contributed 26% of the constant currency revenues growth for this business in fiscal 2019.
||($ in millions)|Derivatives in Cash Flow Hedging Relationship:|Commodity contracts|Foreign exchange contracts|Total
||2019||$45.4|(0.9)|$44.5
Amount of Gain (Loss) Recognized in AOCI on Derivatives|Years Ended June 30,|2018||$41.4|(0.4)|$41.0
||2017||$9.4|(0.1)|$9.3
For derivative instruments that are designated and qualify as cash flow hedges, the effective portion of the gain or loss on the derivative is reported as a component of AOCI and reclassified into earnings in the same period or periods during which the hedged transactions affect earnings or it becomes probable the forecasted transactions will not occur. The following is a summary of the gains (losses) related to cash flow hedges recognized during the years ended June 30, 2019, 2018 and 2017:
|VMware Employee Stock Purchase Plan|Dividend yield|Expected volatility|Risk-free interest rate|Expected term (in years)|Weighted-average fair value at grant date
|January 31, 2020|None|27.4%|1.7%|0.6|$35.66
For the Year Ended|February 1, 2019|None|33.5%|2.0%|0.8|$34.72
|February 2, 2018|None|22.6%|1.2%|0.9|$21.93
(In thousands)|Major classes of line items constituting pretax profit (loss) of discontinued operations for Horizon Clinicals and Series2000 Revenue Cycle:|Revenue:|Software delivery, support and maintenance|Client services|Total revenue|Cost of revenue:|Software delivery, support and maintenance|Client services|Total cost of revenue|Gross profit|Research and development|Income from discontinued operations for Horizon Clinicals and Series2000 Revenue Cycle before income taxes|Income tax provision|Income from discontinued operations, net of tax for Horizon Clinicals and Series2000 Revenue Cycle
2018|||$9,441|404|9,845||2,322|830|3,152|6,693|1,651|5,042|(1,311)|$3,731
2017|||$10,949|1,044|11,993||2,918|261|3,179|8,814|1,148|7,666|(2,990)|$4,676
|Issuance Date|Aug 2007- Jan 2011|Jun-2018|Jun-2018|Aug - 2019|Total
Outstanding as of December 31,|2019|2,016,666|458,202|1,158,000|842,000|4,474,868
Exercise|price|3 - 4.35|9|7|7|
Exercisable|Through|Nov-2022|Dec-2020|Dec-2021|Dec-2021|
Services. Services revenue consists primarily of fees for customer support services generated from our partners. We provide these services remotely, generally using personnel who utilize our proprietary technology to deliver the services. Services revenue is also comprised of licensing of our Support.com Cloud applications. Services revenue for the year ended December 31, 2019 decreased by $4.9 million from 2018. The decrease in service revenue was primarily due to the decrease in the billable hours of our major customers. For the year ended December 31, 2019, services revenue generated from our partnerships was $56.6 million compared to $61.0 million for 2018. For the year ended December 31, 2019, direct services revenue was $2.9 million compared to $3.5 million for 2018. As with any market that is undergoing shifts, timing of downward pressures and growth opportunities in our services programs are difficult to predict. We are experiencing downward pressure with some of our services programs as personal computer and certain retail markets are subject to internal re-alignment and other sector specific softness. However, we still see opportunity in the market for growth with our service partners as a result of the evolving support market trends.
Software and other. Software and other revenue is comprised primarily of fees for end-user software products provided through direct customer downloads, and, to a lesser extent, through the sale of these software products via partners. Software and other revenue for the year ended December 31, 2019 decreased compared with the year ended 2018 primarily due to the cancellation of a significant partner contract as well as some softness in new subscriptions and renewals. For the year ended December 31, 2019, direct software and other revenue was $1.9 million compared to $2.8 million for 2018. For the year ended December 31, 2019, software and other revenue generated from our partnerships was $1.9 million compared to $2.7 million for 2018.
The weighted-average expected long-term rate of return for the plan assets is 3.3%. The weighted-average expected longterm rate of return on plan assets is based on the interest rates guaranteed under the insurance contracts, and the expected rate of return appropriate for each category of assets weighted for the distribution within the diversified investment fund. The assumptions used for the plans are based upon customary rates and practices for the location of the plans. Factors such as asset class allocations, long-term rates of return (actual and expected), and results of periodic asset liability modeling studies are considered when constructing the long-term rate of return assumption for our defined benefit pension plans.
|Cash|Working capital adjustment to purchase price|Total fair value of consideration transferred|Accounts receivable|Inventories|Deposits and other current assets|Property and equipment|Customer relationship|Other finite-lived intangible assets|Accounts payable|Finance lease liabilities|Net recognized amounts of identifiable assets acquired and liabilities assumed|Goodwill
Estimated at June 30, 2019|$3,795|(38)|3,757|591|149|4|1,560|930|35|(219)|(18)|3,032|$                          725
Adjustments|$ -|20|20|-|-|8|-|-|-|-|-|8|$                            12
Final as of December 31, 2019|$3,795|(18)|3,777|591|149|12|1,560|930|35|(219)|(18)|3,040|$                          737
Deloitte was appointed as intu’s external auditor for the 2019 audit following approval at the 2019 AGM, succeeding PwC. Although it is still early into Deloitte’s tenure as intu’s external auditor, I am pleased that the transition of the external audit process has gone well. The Audit Committee has recommended that Deloitte be reappointed as external auditor at the 2020 AGM.
On 1 January 2017 the Group implemented the FRC’s Ethical Standard for Auditors which imposes restrictions on certain non-audit services. The FRC’s Revised Ethical Standard will become effective for the Group from 15 March 2020. The majority of non-audit related services are prohibited and others require approval by the Audit Committee. There is a statutory overall fee limit of 70 per cent of the average of audit fees charged in the past three years.
The unrecognized tax benefits of $13.0 million, if recognized, will impact the Company’s effective tax rate. In accordance with our accounting policy, we recognize accrued interest and penalties related to unrecognized tax benefits as a component of tax expense. We had $3.0 million and $1.2 million of accrued interest and penalties at December 31, 2019 and 2018, respectively. We expect the total amount of tax contingencies will decrease by approximately $3.5 million in 2020 based on statute of limitation expiration.
||Balance at beginning of period|Additions based on tax positions taken during a prior period|Additions based on tax positions taken during a prior period - acquisitions|Additions based on tax positions taken during the current period|Reductions based on tax positions taken during a prior period|Reductions related to a lapse of applicable statute of limitations|Reductions related to a settlement with taxing authorities|Balance at end of period
|2019|$13,162|484|4,479|—|(4,295)|(821)|—|$13,009
Years Ended December 31,|2018|$15,990|94|757|—|(153)|(3,144)|(382)|$13,162
|2017|$11,401|1,258|—|4,433|—|(1,102)|—|$15,990
(Dollars in Millions)|Land|Buildings and Building Improvements|Machinery and Equipment|Total Property, Plant and Equipment, Gross|Less: Accumulated Depreciation|Property, Plant and Equipment, Net
April 27, 2019|$3.7|81.2|390.7|475.6|283.7|$191.9
April 28, 2018|$0.8|69.2|364.7|434.7|272.5|$162.2
In May 2003, our Board of Directors approved a stock repurchase program. As of April 26, 2019, our Board of Directors has authorized the repurchase of up to $13.6 billion of our common stock, including a $4.0 billion increase approved by our Board of Directors in April 2018. Since inception of the program through April 26, 2019, we repurchased a total of 313 million shares of our common stock for an aggregate purchase price of $11.7 billion. Under this program, we may purchase shares of our outstanding common stock through solicited or unsolicited transactions in the open market, in privately negotiated transactions, through accelerated share repurchase programs, pursuant to a Rule 10b5-1 plan or in such other manner as deemed appropriate by our management. The stock repurchase program may be suspended or discontinued at any time.
Period||January 26, 2019 - February 22, 2019|February 23, 2019 - March 22, 2019|March 23, 2019 - April 26, 2019|Total
Total Number of Shares Purchased|(Shares in thousands)|262|3,380|3,608|7,250
Average Price Paid per Share||$ 64.77|$ 65.53|$72.49|$68.97
Total Number of Shares Purchased as Part of Publicly Announced Program|(Shares in thousands)|306,255|309,635|313,244|
Approximate Dollar Value of Shares That May Yet Be Purchased Under The Repurchased Program|(Dollars in millions)|$ 2,372|$ 2,150|$ 1,889|
||Service cost|Interest cost|Expected return on plan assets|Recognized net actuarial (gain) loss|Foreign exchange impacts|Recognition of curtailment gain due to plan freeze|Net periodic pension cost
|2019|$1,955|1,308|(817)|470|(79)|—|$2,837
Fiscal|2018|$2,262|1,230|(787)|240|(56)|(1,236)|$1,653
|2017|$2,077|1,086|(736)|(236)|(6)|—|$2,185
|Net income attributable to American Tower Corporation stockholders|Dividends on preferred stock|Net income attributable to American Tower Corporation common stockholders|Basic weighted average common shares outstanding|Dilutive securities|Diluted weighted average common shares outstanding|Basic net income attributable to American Tower Corporation common stockholders per common share|Diluted net income attributable to American Tower Corporation common stockholders per common share
2019|$1,887.8|—|$1,887.8|442,319|3,201|445,520|$4.27|$4.24
2018|$1,236.4|(9.4)|$1,227.0|439,606|3,354|442,960|$2.79|$2.77
2017|$1,238.9|(87.4)|$1,151.5|428,181|3,507|431,688|$2.69|$2.67
Net cash used in operating activities was $0.6 million for the year ended December 31, 2019 and consisted primarily of a net loss of $3.8 million, capitalized debt discount of $13 thousand and a loss on debt extinguishment of $2.6 million. This net loss was partially offset by non-cash items such as $108 thousand in share-based compensation expense, $66 thousand of debt discount and debt issue cost amortization expense, $66 thousand of depreciation expense, and $207 thousand of intangible asset amortization expense with $154 thousand in net cash outflows from changes in operating assets and liabilities. Cash outflows from changes in operating assets and liabilities of $154 thousand were primarily due to $78 thousand increase in collaboration revenue receivable and $379 thousand decrease in accounts payable and accrued expenses. These cash outflows were partially offset by a decreases of $55 thousand in royalty receivables, $67 thousand in income tax receivable, $394 thousand in accrued interest and $44 thousand in prepaid expenses and other current assets and increases of $18 thousand in other current liabilities.
The market price per share of Prozone at 31 December 2019 was INR19 (31 December 2018: INR29), valuing the Group’s interest at £9.9 million (31 December 2018: £16.4 million) compared with the Prozone carrying value pre-impairment of £41.5 million (31 December 2018: £45.1 million). As the share price of Prozone is lower than its carrying value, a review of the carrying value of Prozone and the Group’s direct interest in Empire (as it also forms part of the Prozone group) has been undertaken. Underpinning the impairment assessment (where the fair value less costs to sell was considered) were the independent third-party valuations received for the investment and development properties, representing the underlying value of the associate’s net assets. Assumptions were also made for tax and other costs that would be reasonably expected if these assets were to be disposed of. Following this review, an impairment of £7.4 million was recognised.
|||Canada|United States|United Kingdom|Australia|Rest of World|
Years ended|December 31, 2019|$|96,168|1,079,520|103,498|68,571|230,416|1,578,173
||%|6.1%|68.4%|6.6%|4.3%|14.6%|100.0%
|December 31, 2018|$|70,774|755,454|69,596|47,937|129,468|1,073,229
||%|6.6%|70.4%|6.5%|4.5%|12.0%|100.0%
|||Nonvested at January 1, 2017|Granted|Vested|Forfeited|Nonvested at January 1, 2018|Granted|Vested|Forfeited|Nonvested at December 30, 2018|Granted|Vested|Forfeited|Nonvested at December 29, 2019
|Number of Shares|(in thousands)|98|132|(43)|(19)|168|110|(77)|(18)|183|353|(118)|(41)|377
RSUs & PRSUs Outstanding|Weighted Average Grant Date Fair Value||$23.52|19.74|20.44|—|21.56|11.90|19.18|—|17.22|10.77|14.48|—|$12.55
||Global (India and International)|Hindi films|Regional films (excluding Tamil films)|Tamil films|International Only|Hindi films|Regional films (excluding Tamil films)|Tamil films|India Only|Hindi films|Regional films (excluding Tamil films)|Tamil films|Total
|2019||7|49|3||7|—|—||1|5|—|72
Year ended March 31,|2018||10|3|1||1|—|—||3|6|0|24
|2017||8|12|3||3|—|12||1|5|1|45
Expenditure on development activities is charged as incurred, or deferred where these costs are directly associated with either integration of acquired technology or the development of new technology and it is determined that the technology has reached technological feasibility. Costs are deferred to future periods to the extent that they are expected beyond any reasonable doubt to be recoverable. The costs capitalised comprises directly attributable costs, including costs of materials, services and direct labour. Deferred costs are amortised from the date of commercial release on a straight-line basis over the period of the expected benefit, which varies from 2 to 10 years.
Consolidated|||Profit before income tax includes the following specific expenses:|Included in professional advice expense|Costs associated with acquisitions|Finance costs|Interest and finance charges paid/payable|Unwinding of the discount on provisions|Finance costs expensed|Operating leases included in income statement|Office rent|Equipment|Motor vehicle|Total expense relating to operating leases|Post-employment benefits|Post-employment benefits: defined contribution|Research and development costs expensed|Research and development costs incurred
|2019|US$000|||244||1|199|200||4,339|12|51|4,402||2,169||18,478
|2018|US$000|||572||2|60|62||3,538|16|96|3,650||1,870||17,793