FangyuLei/tatqa huggingface dataset:
Year Ended
Year Ended
Year Ended
(In millions)
March 29, 2019
March 30, 2018
March 31, 2017
Current:
Federal
$73
$1,011
$108
State
15
40
6
International
74
107
68
Total
162
1,158
182
Deferred:
Federal
(52)
(1,664)
(177)
State
(2)
(151)
(17)
International
(16)
(33)
(14)
Total
(70)
(1,848)
(208)
Income tax expense (benefit)
$92
$(690)
$(26)
pre-tax income from international operations was $ 214 million $ 890 million and $ 353 million for fiscal 2019 2018 and 2017 respectively .
the components of income tax expense -benefit recorded in continuing operations are as follows : .
as of december 28 2018 we have completed our accounting for the effects of the enactment of the tax cuts and jobs act -h .
r .
1 -the 2017 tax act in accordance with u .
s .
securities and exchange commission -sec staff accounting bulletin no .
118 and the amounts are no longer considered provisional .
we will continue to evaluate any new guidance from the u .
s .
department of treasury and the internal revenue service -irs as issued .

Question: What is the summed Total current income tax expense for the fiscal years 2017, 2018 and 2019?
Answer: 1502
Balance at December 31, 2017
Adjustments Due to ASC 606
Balance at January 1, 2018
Contract assets
$3,790
$(584)
$3,206
Contract liabilities
7,288
821
8,109
Accumulated deficit
(56,365)
(1,405)
(57,770)
3 .
revenue from contracts with customers .
revenues and related costs on construction contracts are recognized as the performance obligations are satisfied over time in accordance with asc 606 revenue from contracts with customers .
under asc 606 revenue and associated profit will be recognized as the customer obtains control of the goods and services promised in the contract -i .
e .
performance obligations .
the cost of uninstalled materials or equipment will generally be excluded from the company ’ s recognition of profit unless specifically produced or manufactured for a project because such costs are not considered to be a measure of progress .
in adopting asc 606 the company had the following significant changes in accounting principles : .
-i timing of revenue recognition for uninstalled materials - the company previously recognized the majority of its revenue from the installation or construction of commercial & public works projects using the percentage-of-completion method of accounting whereby revenue is recognized as the company progresses on the contract .
the percentage-of-completion for each project was determined on an actual cost-to-estimated final cost basis .
under asc 606 revenue and associated profit is recognized as the customer obtains control of the goods and services promised in the contract -i .
e .
performance obligations .
the cost of uninstalled materials or equipment is generally excluded from the company ’ s recognition of profit unless specifically produced or manufactured for a project because such costs are not considered to be a measure of progress .
-ii completed contracts - the company previously recognized the majority of its revenue from the installation of residential projects using the completed contract method of accounting whereby revenue the company recognized when the project is completed .
under asc 606 revenue is recognized as the customer obtains control of the goods and services promised in the contract -i .
e .
performance obligations .
revenue recognition for other sales arrangements such as the sales of materials will remain materially consistent with prior treatment .
the adoption of the new revenue recognition standard resulted in a cumulative effect adjustment to retained earnings of approximately $ 1405 as of january 1 2018 .
the details of this adjustment are summarized below .

Question: What is the Contract assets balance at December 31, 2017? 
Answer: $3,790
Year Ended December 31,
Year Ended December 31,
Year Ended December 31,
(In thousands)
2019
2018
2017
Balance at beginning of year
$4,421
$6,667
$2,813
Provision charged to expense
9,347
8,793
7,072
Write-offs, less recoveries
(9,219)
(11,039)
(6,516)
Acquired allowance for doubtful accounts
—
—
3,298
Balance at end of year
$4,549
$4,421
$6,667
accounts receivable and allowance for doubtful accounts .
accounts receivable consists primarily of amounts due to the company from normal business activities .
we maintain an allowance for doubtful accounts for estimated losses that result from the inability of our customers to make required payments .
the allowance for doubtful accounts is maintained based on customer payment levels historical experience and management ’ s views on trends in the overall receivable agings .
in addition for larger accounts we perform analyses of risks on a customer-specific basis .
we perform ongoing credit evaluations of our customers ’ financial condition and management believes that an adequate allowance for doubtful accounts has been provided .
uncollectible accounts are removed from accounts receivable and are charged against the allowance for doubtful accounts when internal collection efforts have been unsuccessful .
the following table summarizes the activity in allowance for doubtful accounts for the years ended december 31 2019 2018 and 2017 : .

Question: What was the increase / (decrease) in the Acquired allowance for doubtful accounts from 2017 to 2018?
Answer: -3298
2019
2018
Annual growth rate (after plan period)
3.0%
3.0%
Risk free rate of return
3.0%
3.0%
Market risk premium
5.0%
4.9%
Beta factor
0.83
0.79
Cost of debt
3.3%
3.3%
the pre-tax discount rate used within the recoverable amount calculations was 8 .
5 % -2018 : 8 .
0 % and is based upon the weighted average cost of capital reflecting specific principal risks and uncertainties .
the discount rate takes into account the risk-free rate of return the market risk premium and beta factor reflecting the average beta for the group and comparator companies which are used in deriving the cost of equity .
the same discount rate has been applied to both cgus as the principal risks and uncertainties associated with the group as highlighted on pages 30 to 33 would also impact each cgu in a similar manner .
the board acknowledges that there are additional factors that could impact the risk profile of each cgu which have been considered by way of sensitivity analysis performed as part of the annual impairment tests .
key drivers to future growth rates are dependent on the group ’ s ability to maintain and grow income streams whilst effectively managing operating costs .
the level of headroom may change if different growth rate assumptions or a different pre-tax discount rate were used in the cash flow projections .
where the value-in-use calculations suggest an impairment the board would consider alternative use values prior to realising any impairment being the fair value less costs to dispose .
the key assumptions used for value-in-use calculations are as follows : .
having completed the 2019 impairment review no impairment has been recognised in relation to the cgus -2018 : no impairment .
sensitivity analysis has been performed in assessing the recoverable amounts of goodwill .
there are no changes to the key assumptions of growth rate or discount rate that are considered by the directors to be reasonably possible which give rise to an impairment of goodwill relating to the cgus .

Question: What was the percentage change in the Beta factor in 2019 from 2018?
Answer: 5.06
2019
2018
2017
Loss on sale of business
$—
$—
$(1.6)
Income from discontinued operations before income taxes and equity method investment earnings
0.9
0.4
3.9
Income before income taxes and equity method investment earnings .
0.9
0.4
2.3
Income tax expense (benefit) .
—
0.5
(0.3)
Income (loss) from discontinued operations, net of tax
$0.9
$(0.1)
$2.6
notes to consolidated financial statements - -continued fiscal years ended may 26 2019 may 27 2018 and may 28 2017 -columnar dollars in millions except per share amounts private brands operations .
on february 1 2016 pursuant to the stock purchase agreement dated as of november 1 2015 we completed the disposition of our private brands operations to treehouse foods inc .
- " treehouse " .
the summary comparative financial results of the private brands business included within discontinued operations were as follows : .
we entered into a transition services agreement with treehouse and recognized $ 2 .
2 million and $ 16 .
9 million of income for the performance of services during fiscal 2018 and 2017 respectively classified within sg & a expenses .

Question: What is the proportion of income tax benefit over income from discontinued operations during the fiscal year 2017?
Answer: 0.12
Adjusted earnings per share (£m)
2018/19
2017/18
Change
Trading profit
128.5
123.0
+4.5%
Less: Net regular interest
(40.5)
(44.4)
+8.9%
Adjusted profit before tax
88.0
78.6
+12.1%
Less: Notional tax (19%)
(16.7)
(14.9)
(12.1%)
Adjusted profit after tax6
71.3
63.7
+12.1%
Average shares in issue (millions)
841.5
836.8
+0.6%
Adjusted earnings per share (pence)
8.5
7.6
+11.5%
the group reported a loss before tax of £ -42 .
7m in the year compared to a profit before tax of £ 20 .
9m in 2017 / 18 .
a loss after tax was £ -33 .
8m compared to a £ 7 .
2m profit in the prior year .
adjusted profit before tax was £ 88 .
0m in the year an increase of £ 9 .
4m compared to the prior year due to growth both in trading profit and lower interest costs as described above .
adjusted profit after tax increased £ 7 .
6m to £ 71 .
3m in the year after deducting a notional 19 .
0 % tax charge of £ 16 .
7m .
based on average shares in issue of 841 .
5 million shares adjusted earnings per share in the year was 8 .
5 pence growth in the year of + 11 .
5 % .

Question: What is the change in the adjusted profit before tax from 2017/18 to 2018/19?
Answer: 9.4
December 31,
December 31,
Useful Lives
2019
2018
Computer and office equipment
3 - 5 years
$143,942
$129,359
Leasehold improvements lease
Lesser of useful life of improvement or remaining life of lease
33,346
32,096
Furniture and fixtures
7 years
12,980
12,500
Building and improvements
7 - 30 years
14,553
14,381
Land
Non-depreciable
1,785
1,785
Property and equipment, gross
206,606
190,121
Less: accumulated depreciation
(136,226 )
(117,392 )
Property and equipment, net
$ 70,380
$ 72,729
property and equipment .
property and equipment are stated at cost .
depreciation of these assets is generally computed using the straight-line method over their estimated useful lives based on asset class .
as of december 31 2019 and 2018 net property and equipment consisted of the following -in thousands : .

Question: What was the useful lives of Furniture and Fixtures?
Answer: 7 years
2019
2018
Buildings and improvements
$23,717
$23,717
Machinery and equipment 
12,293
10,995
Capital assets in progress
11,831
7,747
Total property, plant and equipment held under capital leases, gross
47,841
42,459
Less: accumulated amortization 
(8,762)
(6,123)
Total property, plant and equipment held under capital leases, net
39,079
36,336
3 .
property plant and equipment .
assets held under capital leases and included in property plant and equipment as of september 28 2019 and september 29 2018 consisted of the following -in thousands : .
amortization of assets held under capital leases totaled $ 3 .
8 million $ 3 .
4 million and $ 3 .
0 million for fiscal 2019 2018 and 2017 respectively .
capital lease additions totaled $ 6 .
7 million $ 11 .
8 million and $ 20 .
5 million for fiscal 2019 2018 and 2017 respectively .
as of september 28 2019 september 29 2018 and september 30 2017 accounts payable included approximately $ 10 .
0 million $ 11 .
2 million and $ 10 .
8 million respectively related to the purchase of property plant and equipment which have been treated as non-cash transactions for purposes of the consolidated statements of cash flows .

Question: What was the change in the gross Total property, plant and equipment held under capital leases between 2018 and 2019?
Answer: 5382
December 31,
December 31,
December 31,
December 31,
Selected Consolidated Balance Sheet Data:
2019
2018
2017
2016
Cash and cash equivalents
$195,760
$303,390
$224,614
$185,243
Restricted cash
250,081
155,109
129,224
42,871
Loan receivables held for sale, net
51,926
2,876
73,606
41,268
Deferred tax assets, net
364,841
306,979
—
—
Total assets
951,048
802,905
462,889
302,205
Finance charge reversal liability
206,035
138,589
94,148
68,064
Term loan
384,497
386,822
338,263
—
Tax receivable agreement liability
311,670
260,901
—
—
Total liabilities
1,005,991
837,670
488,928
89,995
Total temporary equity
—
—
430,348
335,720
Noncontrolling interest
(80,758)
(60,349)
—
—
Total permanent equity (deficit)
(54,943)
(34,765)
(456,387)
(123,510)
Total liabilities, temporary equity and permanent equity (deficit)
951,048
802,905
462,889
302,205
item 6 .
selected financial data -dollars in thousands except per share data and unless otherwise indicated .
the selected consolidated statements of operations data for the years ended december 31 2019 2018 and 2017 and the selected consolidated balance sheet data as of december 31 2019 and 2018 were derived from our consolidated financial statements included in item 8 of this form 10-k .
the selected consolidated statements of operations data for the years ended december 31 2016 and 2015 and the selected consolidated balance sheet data as of december 31 2017 and 2016 were derived from our audited consolidated financial statements not included in this form 10-k .
our historical results are not necessarily indicative of the results to be expected in the future .
you should read the following financial information together with the information under item 7 " management ' s discussion and analysis of financial condition and results of operations " and the consolidated financial statements and related notes included in item 8 .
gs holdings and gsllc are our predecessors for accounting purposes and accordingly amounts prior to the reorganization transactions and ipo represent the historical consolidated operations of either gs holdings or gsllc and its subsidiaries .
the amounts as of december 31 2019 and 2018 and during the period from may 24 2018 through december 31 2019 represent those of consolidated greensky inc .
and its subsidiaries .
prior to the reorganization transactions and ipo greensky inc .
did not engage in any business or other activities except in connection with its formation and initial capitalization .
see note 1 to the notes to consolidated financial statements in item 8 for further information on our organization .

Question: What was the amount of restricted cash in 2019?
Answer: 250,081
Year ended March 31,
Year ended March 31,
Year ended March 31,
2019
2018
2017
(in thousands)
(in thousands)
(in thousands)
Current assets(*)
$351,597
$339,562
$362,477
Current liabilities
318,672
239,327
316,101
Working capital
$32,925
$100,235
$46,376
b .
liquidity and capital resources .
our operations and strategic objectives require continuing capital investment and our resources include cash on hand and cash provided by operations as well as access to capital from bank borrowings and access to capital markets .
management believes that cash generated by or available to us should be sufficient to fund our capital and liquidity needs for at least the next 12 months .
our future financial and operating performance ability to service or refinance debt and ability to comply with covenants and restrictions contained in our debt agreements will be subject to future economic conditions the financial health of our customers and suppliers and to financial business and other factors many of which are beyond our control .
furthermore management believes that working capital is sufficient for our present requirements .
- * including trade receivables classified as current asset based on operating cycle of two years .
the decrease in working capital as at march 31 2019 as compared to march 31 2018 was primarily the result of an increase in short-term borrowings amounting to $ 208 .
9 million as at march 31 2019 from $ 152 million as at march 31 2018 due to overdraft against restricted deposits and loan installments due within 12 months .
for additional information please see note 2-a and note 32 to our audited consolidated financial statements appearing elsewhere in this annual report .

Question: What caused the decrease in working capital in 2019?
Answer: primarily the result of an increase in short-term borrowings amounting to $208.9 million as at March 31, 2019 from $152 million as at March 31, 2018 due to overdraft against restricted deposits and loan installments due within 12 months.
Years Ended December 31,
Years Ended December 31,
Years Ended December 31,
2019
2018
2017
Customer A (a distribution channel partner)
*
14%
*
Customer B (a distribution channel partner)
12%
10%
*
Customer C (a distribution channel partner)
14%
*
*
concentration of credit risk and significant customers .
financial instruments that potentially subject us to concentrations of credit risk consist of cash cash equivalents marketable securities and accounts receivable .
our cash cash equivalents and marketable securities are held and invested in high-credit quality financial instruments by recognized financial institutions and are subject to minimum credit risk .
our accounts receivable are unsecured and represent amounts due to us based on contractual obligations of our customers .
we mitigate credit risk in respect to accounts receivable by performing periodic credit evaluations based on a number of factors including past transaction experience evaluation of credit history and review of the invoicing terms of the contract .
we generally do not require our customers to provide collateral to support accounts receivable .
significant customers including distribution channel partners and direct customers are those which represent 10 % or more of our total revenue for each period presented or our gross accounts receivable balance as of each respective balance sheet date .
revenues from our significant customers as a percentage of our total revenue are as follows .
* represents less than 10 % of total revenue .
as of december 31 2019 two customers accounted for 17 % and 12 % of our total gross accounts receivable .
as of december 31 2018 two customers accounted for 16 % and 12 % of our total gross accounts receivable .

Question: How does the company mitigate its credit risk pertaining to accounts receivable?
Answer: performing periodic credit evaluations based on a number of factors, including past transaction experience, evaluation of credit history and review of the invoicing terms of the contract
Year Ended December 31,
Year Ended December 31,
Year Ended December 31,
2019
2018
2017
Income tax at federal statutory rate
$(10,883)
$(9,811)
$(6,659)
Increase (decrease) in tax resulting from:
State income tax expense, net of federal tax effect
(3,657)
(2,749)
(421)
Nondeductible permanent items
3,522
(1,522)
1,506
Foreign rate differential
(367)
552
599
Tax rate change
—
134
7,226
Adjustment to deferred taxes
(1,904)
307
37
Change in valuation allowance
22,481
15,805
(2,291)
Uncertain tax positions
128
143
76
Nonqualified stock option and performance award windfall upon exercise
(9,128)
(1,983)
—
Other
233
(80)
(26)
Total
$425
$796
$47
for purposes of reconciling the company ’ s provision for income taxes at the statutory rate and the company ’ s provision -benefit for income taxes at the effective tax rate a notional 26 % tax rate was applied as follows -in thousands : .
the difference between the statutory federal income tax rate and the company ’ s effective tax rate in 2019 2018 and 2017 is primarily attributable to the effect of state income taxes difference between the u .
s .
and foreign tax rates deferred tax state rate adjustment share-based compensation true up of deferred taxes other non-deductible permanent items and change in valuation allowance .
in addition the company ’ s foreign subsidiaries are subject to varied applicable statutory income tax rates for the periods presented .

Question: What was the reason for difference between he statutory federal income tax rate and the Company’s effective tax rate in 2019, 2018 and 2017?
Answer: the effect of state income taxes, difference between the U.S. and foreign tax rates, deferred tax state rate adjustment, share-based compensation, true up of deferred taxes, other non-deductible permanent items, and change in valuation allowance.
£m
2018/19
2017/18
Change
Divisional contribution2
Grocery
138.3
130.0
+6.3%
Sweet Treats
23.6
25.8
(8.4%)
Total
161.9
155.8
+3.9%
Group & corporate costs
(33.4)
(32.8)
(1.8%)
Trading profit
128.5
123.0
+4.5%
trading profit .
the group reported trading profit of £ 128 .
5m in the year growth of £ 5 .
5m up + 4 .
5 % compared to 2017 / 18 .
divisional contribution increased by £ 6 .
1m to £ 161 .
9m .
the grocery business recorded divisional contribution growth of £ 8 .
3m to £ 138 .
3m while sweet treats divisional contribution was £ 2 .
2m lower than the prior year at £ 23 .
6m .
group & corporate costs were £ 0 .
6m higher than the prior year .
in the first half of the year grocery divisional contribution benefitted from previous changes in the promotional strategy of ambrosia .
the business reduced the depth of promotional deals it offered which resulted in lower volumes and revenue in the period but growth in divisional contribution .
additionally divisional contribution margins in the grocery business grew 2 .
1 percentage points in the first half compared to the prior year .
this is in line with margins two years ago whereby margins in the prior year were impacted by a longer than expected process to recover input cost inflation seen across the group ’ s categories .

Question: What is the divisional contribution of grocery in 2017/18?
Answer: 130.0