FangyuLei/tatqa huggingface dataset:
Commitments by Period
July 27, 2019
July 28, 2018
Less than 1 year
$4,239
$5,407
1 to 3 years
728
710
3 to 5 years
—
360
Total
$4,967
$6,477
the following table summarizes our purchase commitments with contract manufacturers and suppliers as of the respective period ends -in millions : .
purchase commitments with contract manufacturers and suppliers decreased by approximately 23 % compared to the end of fiscal 2018 .
on a combined basis inventories and purchase commitments with contract manufacturers and suppliers decreased by 24 % compared with the end of fiscal 2018 .
inventory and supply chain management remain areas of focus as we balance the need to maintain supply chain flexibility to help ensure competitive lead times with the risk of inventory obsolescence because of rapidly changing technology and customer requirements .
we believe the amount of our inventory and purchase commitments is appropriate for our revenue levels .

Question: How many years did commitments that were 1 to 3 years exceed $700 million?
Answer: 2
Year Ended December 31,
Year Ended December 31,
Year Ended December 31,
Year Ended December 31,
Year Ended December 31,
2019
2018
2017
2018 to 2019 % change
2017 to 2018 % change
(In thousands, except percentages)
(In thousands, except percentages)
(In thousands, except percentages)
(In thousands, except percentages)
(In thousands, except percentages)
Sales and Marketing
$ 396,514
$ 291,668
$ 211,918
36%
38%
sales and marketing expenses .
sales and marketing expenses increased $ 105 million or 36 % in 2019 compared to 2018 .
the overall increase was primarily due to increased employee compensation-related costs including amortization of capitalized commissions of $ 72 million driven by headcount growth and an increase in marketing program costs of $ 8 million .
the increase in marketing program costs was driven by increased volume of advertising activities .
further contributing to the overall increase was an increase in allocated shared costs of $ 14 million .
sales and marketing expenses increased $ 80 million or 38 % in 2018 compared to 2017 .
the overall increase was primarily due to increased employee compensation-related costs including amortization of capitalized commissions of $ 55 million driven by headcount growth and an increase in marketing program costs of $ 10 million .
the increase in marketing program costs was driven by increased volume of advertising activities .
further contributing to the overall increase was an increase in allocated shared costs of $ 11 million .

Question: What is the difference between the increase sales and marketing expenses from 2018 to 2019 and 2017 to 2018?
Answer: 25
Year-ended
Year-ended
31 March 2019
31 March 2018
Weighted average share price ($ cents)
676.10
628.23
Weighted average exercise price ($ cents)
558.54
516.70
Expected volatility
54.91%
38.20%
Expected life of options (years)
1.69
2.08
Risk free rate
1.56%
1.49%
Dividend yield
0.81%
0.70%
share options .
the fair value of equity-settled share options granted is measured as at the date of grant using a black-scholes model taking into account the terms and conditions upon which the options were granted .
the following table illustrates the weighted average inputs into the black-scholes model in the year : .
the weighted average fair value of options granted during the year was $ cents 220 .
53 -2018 : $ cents 185 .
33 .
the expected volatility reflects the assumption that the historical share price volatility is indicative of future trends which may not necessarily be the actual outcome .
an increase in the expected volatility will increase the estimated fair value .
the expected life of the options is based on historical data and is not necessarily indicative of exercise patterns that may occur .
the expected life used in the model has been adjusted based on the director ’ s best estimate taking into account the effects of exercise restrictions non-transferability and behavioural considerations .
an increase in the expected life will increase the estimated fair value .

Question: What was the change in Weighted average share price in 2019 from 2018?
Answer: 47.87
RESTRUCTURING, ONEROUS
CONTRACTS, STORE EXIT COSTS,
SELF‑INSURED RISKS
AND OTHER
2019
2018
2019
2018
$M
$M
$M
$M
Movement:
Balance at start of period
596
593
679
800
Net provisions recognised/(reversed) (1)
177
161
225
55
Cash payments
(157)
(148)
(162)
(178)
Other
(13)
(10)
(5)
2
Balance at end of period
603
596
737
679
Current
173
177
280
256
Non‑current
430
419
457
423
603
596
737
679
movements in total self ‐ insured risks restructuring onerous contracts store exit costs and other provisions .
-1 the increase in restructuring onerous contracts and store exit costs in 2019 is primarily attributable to the recognition of provisions associated with the big w network review as outlined in note 1 .
4 .
a provision is recognised when the group has a present legal or constructive obligation as a result of a past event it is probable that an outflow of economic benefits will be required to settle the obligation and a reliable estimate can be made as to the amount of the obligation .
the amount recognised is the best estimate of the consideration required to settle the present obligation at the reporting date taking into account the risks and uncertainties surrounding the obligation .
a liability is recognised for benefits accruing to employees in respect of annual leave and long service leave .
liabilities expected to be settled within 12 months are measured at their nominal values using the remuneration rate expected to apply at the time of settlement .
liabilities which are not expected to be settled within 12 months are measured as the present value of the estimated future cash outflows to be made by the group in respect of services provided by employees up to the reporting date .
the provision for self-insured risks primarily represents the estimated liability for workers ’ compensation and public liability claims .
provision for restructuring is recognised when the group has developed a detailed formal plan for the restructuring and has raised a valid expectation in those affected by the restructuring that the restructuring will occur .
an onerous contract is a contract in which the unavoidable costs of meeting the obligations under the contract exceed the economic benefits expected to be received under it .
the unavoidable costs under a contract reflect the least net cost of exiting from the contract which is the lower of the cost of fulfilling it and any compensation or penalties arising from failure to fulfil it .

Question: What is the amount of current self-insured risks in 2019?
Answer: 173
Year Ended December31,
Year Ended December31,
2019
2018
U.S.
200.4
231.0
International
58.2
68.0
$258.6
$299.0
18 .
geographic information .
property and equipment net by geography was as follows : .
no individual international country represented more than 10 % of property and equipment net in any period presented .

Question: Which financial years' information is shown in the table?
Answer: 2018 2019
Number of Shares
Weighted Average Exercise Price Per Share
Outstanding at January 1, 2018
4,376,474
$0.16
Granted
67,394
0.17
Exercised
–
–
Cancelled or expired
(1,094,075)
0.14
Outstanding at December 31, 2018
3,349,793
$0.16
Granted
–
–
Exercised
–
–
Cancelled or expired
–
–
Outstanding at December 31, 2019
3,349,793
$0.16
transactions involving stock options issued to employees are summarized as follows : .
the expected life of awards granted represents the period of time that they are expected to be outstanding .
the company determines the expected life based on historical experience with similar awards giving consideration to the contractual terms vesting schedules exercise patterns and pre-vesting and post-vesting forfeitures .
the company estimates the volatility of the company ’ s common stock based on the calculated historical volatility of the company ’ s common stock using the share price data for the trailing period equal to the expected term prior to the date of the award .
the company bases the risk-free interest rate used in the black-scholes option valuation model on the implied yield currently available on u .
s .
treasury zero-coupon issues with an equivalent remaining term equal to the expected life of the award .
the company has not paid any cash dividends on the company ’ s common stock and does not anticipate paying any cash dividends in the foreseeable future .
consequently the company uses an expected dividend yield of zero in the black-scholes option valuation model .
the company uses historical data to estimate pre-vesting option forfeitures and records share-based compensation for those awards that are expected to vest .
in accordance with asc 718-10 the company calculates share-based compensation for changes to the estimate of expected equity award forfeitures based on actual forfeiture experience .

Question: What does the expected life of awards granted represent?
Answer: the period of time that they are expected to be outstanding
31 March 2019
31 March 2018 Restated See note 2
$M
$M
Current
Trade receivables
128.7
151.8
Prepayments
26.9
23.1
Deferral of contract acquisition costs
31.5
29.5
Other receivables
8.2
6.4
Total current trade and other receivables
195.3
210.8
Non-current
Deferral of contract acquisition costs
15.1
16.2
Other receivables
1.3
1.3
Total non-current trade and other receivables
16.4
17.5
20 trade and other receivables .
trade receivables are non interest-bearing and are generally on 30 – 90 day payment terms depending on the geographical territory in which sales are generated .
the carrying value of trade and other receivables also represents their fair value .
during the year-ended 31 march 2019 a provision for impairment of $ 0 .
6m -2018 : $ 0 .
6m was recognised in operating expenses against receivables .
the net contract acquisition expense deferred within the consolidated statement of profit or loss was $ 0 .
9m of the total $ 259 .
9m of sales and marketing costs -2018 : $ 8 .
4m / $ 239 .
9m .

Question: In which year was the amount of Prepayments larger?
Answer: 2019
2019
2018
Number
€m
Number
€m
Ordinary shares of 2020⁄21 US cents each allotted, issued and fully paid:1, 2
1 April
28,814,803,308
4,796
28,814,142,848
4,796
Allotted during the year3
454,870
–
660,460
–
31 March
28,815,258,178
4,796
28,814,803,308
4,796
17 .
called up share capital .
called up share capital is the number of shares in issue at their par value .
a number of shares were allotted during the year in relation to employee share schemes .
accounting policies .
equity instruments issued by the group are recorded at the amount of the proceeds received net of direct issuance costs .
notes : 1 at 31 march 2019 the group held 1584882610 -2018 : 2139038029 treasury shares with a nominal value of € 264 million -2018 : € 356 million .
the market value of shares held was € 2566 million -2018 : € 4738 million .
during the year 45657750 -2018 : 53026317 treasury shares were reissued under group share schemes .
on 25 august 2017 729077001 treasury shares were issued in settlement of tranche 1 of a maturing subordinated mandatory convertible bond issued on 19 february 2016 .
on 25 february 2019 799067749 treasury shares were issued in settlement of tranche 2 of the maturing subordinated mandatory convertible bond .
2 on 5 march 2019 the group announced the placing of subordinated mandatory convertible bonds totalling £ 1 .
72 billion with a 2 year maturity date in 2021 and £ 1 .
72 billion with a 3 year maturity date due in 2022 .
the bonds are convertible into a total of 2547204739 ordinary shares with a conversion price of £ 1 .
3505 per share .
3 represents us share awards and option scheme awards .

Question: How many ordinary shares were allotted during 2019?
Answer: 454,870
2019
2019
2018
2017
(in thousands)
Shares
Amount
Shares
Amount
Shares
Amount
January 1,
$6,620
$34,892
$39,385
Authorizations (1)
$60,000
$27,003
$ -
Repurchases
(333)
$(21,136)
(1,001)
$(55,275)
(99)
$(4,493)
December 31,
$45,484
$6,620
$34,892
stock repurchases .
-1 on march 15 2019 the company announced that the board of directors extended the expiration date of the current stock repurchase program to june 30 2020 and increased the amount of common stock the company is authorized to repurchase by $ 60 million .

Question: What is the percentage change in stock repurchases authorizations made in 2018 and 2019?
Answer: 122.2
Year ended December 31,
Year ended December 31,
Year ended December 31,
2019
2018
2017
Cost of revenues
$8,741
$4,982
$3,735
Research and development
23,132
14,975
9,550
Sales and marketing
38,325
27,324
16,015
General and administrative
31,156
20,807
12,760
Total share-based compensation expense
$101,354
68,088
42,060
note 11 .
share-based compensation .
a summary of share-based compensation expense recognized in the company ’ s consolidated statements of operations is as follows -in thousands : .

Question: What are the respective share-based compensation for sales and marketing in 2018 and 2019?
Answer: 27,324 38,325
Year Ended
Year Ended
Year Ended
December 31,
December 31,
December 31,
2019
2018
2017
$
$
$
Loss on bond repurchases (1)
(10,601)
(1,772)
—
Loss on lease extinguishment (2)
(1,417)
—
—
Tax indemnification guarantee liability (3)
—
(600)
(50,000)
Contingent liability (4)
—
—
(4,500)
Gain on sale / (write-down) of cost-accounted investment
—
—
1,250
Miscellaneous (loss) income
(2,457)
359
(731)
Other loss
(14,475)
(2,013)
(53,981)
other loss .
-1 in may 2019 the company completed a cash tender offer and purchased $ 460 .
9 million in aggregate principal amount of the 2020 notes and issued $ 250 .
0 million in aggregate principal amount of 9 .
25 % senior secured notes at par due november 2022 .
the company recognized a loss of $ 10 .
6 million on the purchase of the 2020 notes for the year ended december 31 2019 -see note 9 .
-2 during september 2019 teekay lng refinanced the torben spirit by acquiring the torben spirit from its original lessor and then selling the vessel to another lessor and leasing it back for a period of 7 .
5 years .
as a result of this refinancing transaction the partnership recognized a loss of $ 1 .
4 million for the year ended december 31 2019 on the extinguishment of the original finance lease -see note 11 .
-3 following the termination of the finance lease arrangements for the rasgas ii lng carriers in 2014 the lessor made a determination that additional rentals were due under the leases following a challenge by the uk taxing authority .
as a result in 2017 the teekay nakilat joint venture recognized an additional liability which was included as part of other loss in the company ' s consolidated statements of loss .
-4 related to settlements and accruals made prior to september 2017 as a result of claims and potential claims made against logitel offshore holding as -or logitel a company acquired by altera in 2014 .
altera was deconsolidated in september 2017 -see note 4 .
-all tabular amounts stated in thousands of u .
s .
dollars other than share data and unless otherwise indicated .

Question: In which year is the Gain on sale / (write-down) of cost-accounted investment less than 1,000 thousands?
Answer: 2019 2018
Years Ended December 31,
Years Ended December 31,
2019
2018
Net (loss) income attributable to common stock and participating preferred stockholders
$(31.5)
$155.6
Earnings allocable to common shares:
Numerator for basic and diluted earnings per share
Participating shares at end of period:
Weighted-average common stock outstanding
44.8
44.3
Unvested restricted stock
0.6
0.4
Preferred stock (as-converted basis)
2.1
4.9
Total
47.5
49.6
Percentage of loss allocated to:
Common stock
94.3 %
89.3 %
Unvested restricted stock
1.3 %
0.8 %
Preferred stock
4.4 %
9.9 %
Net (loss) income attributable to common stock, basic
$(29.7)
$139.0
Distributed and Undistributed earnings to Common Shareholders:
Effect of assumed shares under treasury stock method for stock options and restricted shares and if-converted method for convertible instruments
—
(3.3)
Income from the dilutive impact of subsidiary securities
—
—
Net (loss) income attributable to common stock, diluted
$ (29.7)
$ 135.7
Denominator for basic and dilutive earnings per share
Weighted average common shares outstanding - basic
44.8
44.3
Effect of assumed shares under treasury stock method for stock options and restricted shares and if-converted method for convertible instruments
—
2.5
Weighted average common shares outstanding - diluted
44.8
46.8
Net (loss) income attributable to participating security holders - Basic
$ (0.66)
$ 3.14
Net (loss) income attributable to participating security holders - Diluted
$ (0.66)
$ 2.90
23 .
basic and diluted income per common share .
earnings per share - " eps " is calculated using the two-class method which allocates earnings among common stock and participating securities to calculate eps when an entity ' s capital structure includes either two or more classes of common stock or common stock and participating securities .
unvested share-based payment awards that contain non-forfeitable rights to dividends or dividend equivalents -whether paid or unpaid are participating securities .
as such shares of any unvested restricted stock of the company are considered participating securities .
the dilutive effect of options and their equivalents -including non-vested stock issued under stock-based compensation plans is computed using the " treasury " method as this measurement was determined to be more dilutive between the two available methods in each period .
the company had no dilutive common share equivalents during the year ended december 31 2019 due to the results of operations being a loss from continuing operations net of tax .
the following potential weighted common shares were excluded from diluted eps for the year ended december 31 2018 as the shares were antidilutive : 2168454 for outstanding warrants to purchase the company ' s stock 353960 for unvested restricted stock awards and 4919760 for convertible preferred stock .
the following table presents a reconciliation of net income -loss used in basic and diluted eps calculations -in millions except per share amounts : .

Question: What was the Net (loss) income attributable to common stock and participating preferred stockholders in 2019?
Answer: $(31.5)
Preliminary Allocation
Measurement Period
Final Allocation
(In millions)
As of October 2, 2017
Adjustments
As of December 31, 2018
Total consideration transferred
$ 106.6
$ (0.4)
$ 106.2
Assets:
Cash and cash equivalents
13.3
—
13.3
Trade receivables, net
22.4
—
22.4
Inventories, net
10.0
0.1
10.1
Prepaid expenses and other current assets
8.4
—
8.4
Property and equipment, net
23.3
—
23.3
Identifiable intangible assets, net
41.4
0.7
42.1
Goodwill
39.3
(1.5)
37.8
Total assets
$ 158.1
$ (0.7)
$ 157.4
Liabilities:
Short-term borrowings
14.0
—
14.0
Accounts payable
6.9
—
6.9
Other current liabilities
15.1
(0.1)
15.0
Long-term debt, less current portion
3.8
—
3.8
Non-current deferred taxes
11.7
(0.2)
11.5
Total liabilities
$ 51.5
$ (0.3)
$ 51.2
acquisition of fagerdala .
on october 2 2017 the company acquired fagerdala singapore pte ltd .
a manufacturer and fabricator of polyethylene foam based in singapore to join its product care division .
we acquired 100 % of fagerdala shares for estimated consideration of s $ 144 .
7 million or $ 106 .
2 million net of cash acquired of $ 13 .
3 million inclusive of purchase price adjustments which were finalized in the third quarter of 2018 .
we acquired fagerdala to leverage its manufacturing footprint in asia experience in foam manufacturing and fabrication and commercial organization to expand our presence across multiple industries utilizing fulfillment to distribute goods .
the following table summarizes the consideration transferred to acquire fagerdala and the final allocation of the purchase price among the assets acquired and liabilities assumed .
price among the assets acquired and liabilities assumed .

Question: Why was the company acquired in 2017?
Answer: to leverage its manufacturing footprint in Asia, experience in foam manufacturing and fabrication and commercial organization to expand our presence across multiple industries utilizing fulfillment to distribute goods.
Fiscal year
Fiscal year
Fiscal year
% Change
(in millions of €)
2019
2018
Actual
Comp.
Orders
16,244
15,198
7%
4%
Revenue
15,225
14,445
5%
3%
therein: product business
5,530
5,302
4%
2%
Adjusted EBITA
1,500
1,574
(5)%
Adjusted EBITA margin
9.9 %
10.9 %
orders and revenue for smart infrastructure rose in all three businesses – solutions and services systems and software and the products business – and in all three reporting regions .
order growth was strongest in the solutions and services business on a sharply higher volume from large orders in the americas and europe c .
i .
s .
africa middle east .
revenue rose most strongly in the systems and software and the solutions and services businesses particularly in the americas .
revenue growth in the product business was due to low voltage products while revenue in the other products businesses came in close to prior-year levels due partly to less favorable conditions in short-cycle markets .
adjusted ebita declined due mainly to the systems and software business including negative effects related to grid control projects early in the year .
adjusted ebita also included higher expenses year-over-year related to expansion of smart building offerings and for grid edge activities .
severance charges were € 48 million in fiscal 2019 compared to € 34 million a year earlier .
smart infrastructure ’ s order backlog was € 10 billion at the end of the fiscal year of which € 7 billion are expected to be converted into revenue in fiscal 2020 .
smart infrastructure achieved its results in overall moderately growing markets in fiscal 2019 .
the grid markets benefited from the need for intelligent and flexible energy networks and for automation particularly in asia australia and the americas .
heavy industries and the infrastructure industry also developed favorably during fiscal 2019 driven by investments in oil and gas markets in data centers and in transportation infrastructure such as for e-mobility .
discrete industries which started strong in fiscal 2019 experienced a downturn in the second half of the fiscal year .
construction markets continued their stable growth during the fiscal year particularly in the u .
s .
and china and in the non-residential construction market overall .
growth in the important building electrification and automation market was driven by demand for building performance and sustainability offerings including strong demand for energy efficiency and digital services .
in fiscal 2020 market growth overall is expected to be lower than in fiscal 2019 due to an expected continuation of the downturn in the short-cycle markets economic uncertainty in a number of countries due to trade conflicts and other factors .
beginning with fiscal 2020 the distribution transformer business will be transferred to the operating company gas and power .
if this organizational structure had already existed in fiscal 2019 smart infrastructure would have posted orders of € 15 .
590 billion revenue of € 14 .
597 billion adjusted ebita of € 1 .
465 billion and an adjusted ebita margin of 10 .
0 % .

Question: What is the increase / (decrease) in the Adjusted EBITDA margin from 2018 to 2019?
Answer: -1