FangyuLei/tatqa huggingface dataset:
Years ended December 31,
Years ended December 31,
Years ended December 31,
Years ended December 31,
2019
2018
$ Difference 
% Difference
Products and licensing revenues
$44,491,041
$21,949,689
$22,541,352
102.7%
Technology development revenues
26,024,674
20,967,556
5,057,118
24.1%
Total revenues
$70,515,715
$42,917,245
$27,598,470
64.3%
year ended december 31 2019 compared to year ended december 31 2018 .
revenues .
our products and licensing segment included revenues from sales of test and measurement systems primarily representing sales of our optical backscatter reflectometer odisi and optical vector analyzer platforms optical components and sub-assemblies and sales of our hyperion and terahertz sensing platforms .
our products and licensing segment revenues increased $ 22 .
5 million to $ 44 .
5 million for the year ended december 31 2019 compared to $ 21 .
9 million for the year ended december 31 2018 .
the increase resulted primarily from $ 10 .
8 million of revenues realized from the legacy business of moi and $ 10 .
5 million of revenues realized from the legacy business of gp during the year ended december 31 2019 .
continued growth in sales of our fiber-optic sensing products including our odisi products directed toward the expanding use of composite materials and the need for improved means of testing their structural integrity and our communications test instruments also contributed to this increase .
our technology development segment revenues increased $ 5 .
1 million to $ 26 .
0 million for the year ended december 31 2019 compared to $ 21 .
0 million for the year ended december 31 2018 .
revenues within this segment increased due to additional contract awards including higher value phase 2 sbir contracts .
the increase continues a growth trend experienced over the past two years largely driven by successes in phase 2 sbir awards .
the increase was realized primarily in our intelligent systems advanced materials optical systems and terahertz research groups .
as phase 2 sbir contracts generally have a performance period of a year or more we currently expect technology development segment revenues to remain at a similar level for the near term .

Question: In which year was Products and licensing revenues less than 40,000,000?
Answer: 2018
December 31,
December 31,
2019
2018
Land
$ 1,565
$ 1,747
Buildings and improvements
17,332
17,520
Machinery and equipment
30,670
29,692
Vehicles
778
937
Office equipment
851
838
Construction in process
362
546
51,558
51,280
Less accumulated depreciation
(29,284 )
(26,707 )
Total property, plant and equipment, net
$ 22,274
$ 24,573
note 4 – property plant and equipment net .
property plant and equipment consisted of the following : .

Question: What is the change in the value of land between 2018 and 2019?
Answer: -182
Amortized Cost
Fair Value
Due in one year or less
$ 591
$ 589
Due after one year through five years
644
642
Due after five years through ten years
455
452
$ 1,690
$ 1,683
the following table presents the contractual maturities of our debt investments as of april 26 2019 -in millions : .
actual maturities may differ from the contractual maturities because borrowers may have the right to call or prepay certain obligations .

Question: What was the difference in the total amortized cost and fair value?
Answer: 7
For the Year Ended December 31,
For the Year Ended December 31,
For the Year Ended December 31,
2019
2018
2017
Stock-based compensation cost:
Common stock warrants
$—
$512
$484
Stock options
16,489
13,279
11,295
Restricted stock units
14,585
90
—
Employee stock purchase plan
3,326
2,069
—
Total stock-based compensation cost
$34,400
$15,950
$11,779
stock-based compensation .
the company recognized total stock-based compensation cost related to equity incentive awards as follows -in thousands : .
a small portion of stock-based compensation cost above is capitalized in accordance with the accounting guidance for internal-use software .
the company uses the straight-line attribution method for recognizing stock-based compensation expense .

Question: What is the change in common stock warrants between 2017 and 2018?
Answer: 28
USDm
2019
2018
2017
Net Asset Value per share
Total vessel values including newbuildings (broker values)
1,801.5
1,675.1
1,661.1
Committed CAPEX on newbuildings
-51.2
-258.0
-306.9
Cash position
72.5
127.4
134.2
Loans receivables
4.6
-
-
Bunkers
34.8
39.4
33.2
Freight receivables
89.8
86.0
71.3
Other receivables
6.2
7.5
11.8
Other plant and operating equipment
4.3
3.0
1.9
Land and buildings
8.1
-
-
Investments in joint ventures
1.2
0.1
0.3
Prepayments
3.5
2.9
4.4
Borrowings
-863.4
-754.7
-753.9
Trade payables
-47.1
-35.1
-26.2
Other liabilities
-47.3
-36.5
-33.8
Current tax liabilities
-1.5
-1.0
-1.4
Total Net Asset Value (NAV)
1,016.0
856.1
796.0
Total number of shares excluding treasury shares (million)
74.4
73.9
62.0
Total Net Asset Value per share (NAV/share) (USD)
13.6
11.6
12.8
net asset value per share -nav / share : .
torm believes that the nav / share is a relevant measure that management uses to measure the overall development of the assets and liabilities per share .
such measure may not be comparable to similarly titled measures of other companies .
nav / share is calculated using broker values of vessels and excluding charter commitments .
nav / share is calculated as follows : .

Question: What does TORM believe that the NAV/share is a relevant measure for?
Answer: Management uses to measure the overall development of the assets and liabilities per share.
CONSOLIDATED
JUN 2019 $’000
JUN 2018 $’000
Revenue
426
1,208
Expenses
(1,035)
(989)
Operating income
(609)
219
Interest revenue
5
9
Impairment of other intangible assets
(603)
(16,902)
Profit/(loss) before tax from discontinued operations
(1,207)
(16,674)
Tax benefit/(expense) related to current pre-tax loss
(1,150)
(55)
Post-tax profit/(loss) of  discontinued operations
(2,357)
(16,729)
6 .
3 changes in group structure .
discontinued operations .
on 21 december 2018 the group executed a share sale agreement to sell infochoice pty ltd a wholly owned subsidiary .
at 30 june 2019 infochoice pty ltd was classified as a discontinued operation .
the business of infochoice pty ltd represented the group ’ s financial services and products comparison operating segment .
with infochoice pty ltd being classified as a discontinued operation its operating results are no longer presented in the segment note .
the sale of infochoice pty ltd was completed on 18 february 2019 .
the results of infochoice pty ltd for the period are presented below : .

Question: What did the business of Infochoice Pty Ltd represent?
Answer: the Group’s financial services and products comparison operating segment
Year Ended
Year Ended
Year Ended
June 30, 2019
June 30, 2018
June 30, 2017
Tech Data Corporation
18%
14%
16%
Jenne Corporation
17%
13%
15%
Westcon Group Inc.
12%
13%
12%
concentrations .
the company may be subject to concentration of credit risk as a result of certain financial instruments consisting of accounts receivable and short term investments .
the company performs ongoing credit evaluations of its customers and generally does not require collateral in exchange for credit .
the following table sets forth major customers accounting for 10 % or more of the company ’ s net revenue : .

Question: Why does the company not require collateral in exchange for credit generally?
Answer: The Company performs ongoing credit evaluations of its customers
(in thousands)
December 31, 2019
December 31, 2018
Contract assets (1)
$5,558
$3,711
Long-term contract assets (2)
5,420
2,543
$10,978
$6,254
Deferred revenue
$190,080
$185,145
Long-term deferred revenue (3)
5,407
5,344
$195,487
$190,489
contract assets and deferred revenue .
-1 included in other current assets .
-2 included in other long-term assets .
-3 included in other long-term liabilities .
contract assets are client committed amounts for which revenue recognized exceeds the amount billed to the client and the right to payment is subject to conditions other than the passage of time such as the completion of a related performance obligation .
deferred revenue consists of billings and payments received in advance of revenue recognition .
contract assets and deferred revenue are netted at the contract level for each reporting period .
the change in deferred revenue in the year ended december 31 2019 was primarily due to new billings in advance of revenue recognition partially offset by revenue recognized during the period that was included in deferred revenue at december 31 2018 .

Question: What is the change in deferred revenue in the year ended December 31, 2019 primarily due to?
Answer: new billings in advance of revenue recognition, partially offset by revenue recognized during the period that was included in deferred revenue at December 31, 2018
Years Ended December 31,
Years Ended December 31,
Years Ended December 31,
2019
2018
2017
Product and service revenue recognized at point in time
$786,918
$715,055
$667,440
Extended warranty and service contracts recognized over time
2,030
3,837
3,572
Total
$788,948
$718,892
$671,012
advanced energy industries inc .
notes to consolidated financial statements – -continued -in thousands except per share amounts advanced energy industries inc .
notes to consolidated financial statements – -continued -in thousands except per share amounts .
the following table presents our net sales by extended warranty and service contracts recognized over time and our product and service revenue recognized at a point in time : .

Question: What was the change in Extended warranty and service contracts recognized over time between 2017 and 2018?
Answer: 265
Year Ended December 31,
Year Ended December 31,
Change
Change
2018
2017
$
%
(dollars in thousands)
(dollars in thousands)
(dollars in thousands)
(dollars in thousands)
General and administrative
$ 31,462
$ 22,895
$ 8,567
37.4%
% of revenue
21%
22%
general and administrative expense .
general and administrative expense increased by $ 8 .
6 million in 2018 compared to 2017 .
the increase was primarily due to a $ 3 .
7 million increase in employee-related costs which includes stock-based compensation associated with our increased headcount from 79 employees as of december 31 2017 to 89 employees as of december 31 2018 .
there was an additional increase of $ 2 .
8 million in depreciation and amortization an increase of $ 1 .
5 million to support compliance as a public company an increase of $ 0 .
4 million in software subscription cost and a $ 0 .
2 million increase in office related expenses to support the administrative team .

Question: What is the average General and administrative expense for 2017 and 2018?
Answer: 27178.5
Number of Shares
Weighted- Average Grant Date Fair Value
Unvested shares at December 31, 2018
1,924
$40.81
Granted
390
56.74
Forfeited
(562)
41.29
Vested
—
—
Unvested shares at December 31, 2019 1
1,752
$44.21
performance-based restricted stock units .
prsu activity is summarized as follows -shares in thousands : .
1 assumes maximum achievement of the specified financial targets .
the weighted-average grant date fair value of prsus granted during the years ended december 31 2019 2018 and 2017 was $ 56 .
74 $ 40 .
53 and $ 41 .
73 respectively .
unrecognized compensation expense related to unvested prsus was $ 16 .
9 million at december 31 2019 which is expected to be recognized over a weighted-average period of 1 .
7 years .

Question: What is the difference in weighted-average grant date fair value between granted and forfeited shares?
Answer: 15.45
August 31, 2019
August 31, 2018
(in thousands)
Fair Value Hierarchy
Carrying Amount
Fair Value
Carrying Amount
Fair Value
Notes payable and long-term debt: (Note 8)
5.625% Senior Notes
Level 2(1)
$398,886
$416,000
$397,995
$415,704
4.700% Senior Notes
Level 2(1)
498,004
525,890
497,350
503,545
4.900% Senior Notes
Level 3(2)
299,057
318,704
298,814
306,535
3.950% Senior Notes
Level 2(1)
494,825
509,845
494,208
476,010
fair value of financial instruments .
the carrying amounts of cash and cash equivalents trade accounts receivable prepaid expenses and other current assets accounts payable and accrued expenses approximate fair value because of the short-term nature of these financial instruments .
the carrying amounts of borrowings under credit facilities and under loans approximates fair value as interest rates on these instruments approximates current market rates .
notes payable and long-term debt is carried at amortized cost ; however the company estimates the fair value of notes payable and long-term debt for disclosure purposes .
the following table presents the carrying amounts and fair values of the company ’ s notes payable and long-term debt by hierarchy level as of the periods indicated : .
-1 the fair value estimates are based upon observable market data .
-2 this fair value estimate is based on the company ’ s indicative borrowing cost derived from discounted cash flows .
refer to note 9 – “ postretirement and other employee benefits ” for disclosure surrounding the fair value of the company ’ s pension plan assets .

Question: What was the change in the fair value for the 3.950% Senior Notes between 2018 and 2019?
Answer: 33835
CONSOLIDATED
2019 $’000
2018 $’000
Current
Annual leave
2,349
2,233
Long service leave
830
781
Clawback
2,715
2,463
Rebates
241
224
6,135
5,701
Non-Current
Long service leave
418
343
418
343
3 .
6 provisions .
recognition measurement and classification .
employee benefits – annual and long service leave .
the group recognises a liability for long service leave and annual leave measured as the present value of expected future payments to be made in respect of services provided by employees up to the reporting date using the projected unit credit method .
consideration is given to expected future wage and salary levels experience of employee departures and periods of service .
expected future payments are discounted using market yields at the reporting date on corporate bond rates with terms to maturity and currencies that match as closely as possible the estimated future cash outflows .
the group does not expect its long service leave or annual leave benefits to be settled wholly within 12 months of the reporting date .
annual and long service leave are classified as current where there is a current obligation to pay the employee shall they leave the group .
clawback provisions .
upfront fees received from certain insurance funds broadband providers and mortgage brokers can be clawed back in the event of early termination of membership .
they vary across the industries and are usually triggered where a referred member terminates their policy .
each relevant product provider has an individual agreement and the clawback period ranges between 0 and 24 months depending on the agreement .
key estimates - employee benefits .
provisions are measured at the present value of management ’ s best estimate of the expenditure required to settle the present obligation at the reporting date using the discounted cash flow methodology .
the risks specific to the provision are factored into the cash flows and as such a corporate bond rate relative to the expected life of the provision is used as a discount rate .
if the effect of the time value of money is material provisions are discounted using a current pre-tax rate that reflects the time value of money and the risks specific to the liability .
the increase in the provision resulting from the passage of time is recognised as interest expense .
key estimates - clawback provisions .
the group provides for this liability based upon historic average rates of attrition and recognises revenue net of these clawback amounts .

Question: What is the percentage change in the current provisions from 2018 to 2019?
Answer: 7.61
2019
2018
Restaurants:
Restaurant facility expenditures
$9,202
$17,949
Purchases of assets intended for sale or sale and leaseback
21,660
5,497
New restaurants
1,381
2,088
Other, including information technology
3,597
7,572
35,840
33,106
Corporate Services:
Information technology
9,405
4,584
Other, including facility improvements
2,404
152
11,809
4,736
Total capital expenditures
$47,649
$37,842
investing activities .
cash flows -used in provided by investing activities changed from a source of $ 65 .
7 million in 2018 to a use of $ 13 .
8 million in 2019 .
this change of $ 79 .
5 million primarily resulted from a decrease of $ 62 .
9 million in cash proceeds from the sale of company-operated restaurants including repayments of notes issued in connection with 2018 refranchising transactions and an increase of $ 9 .
8 million in capital expenditures .
capital expenditures — the composition of capital expenditures in each fiscal year is summarized in the table below -in thousands : .
our capital expenditure program includes among other things restaurant remodeling information technology enhancements and investments in new locations and equipment .
in 2019 capital expenditures increased by $ 9 .
8 million primarily due to an increase of $ 16 .
2 million in purchases of assets intended for sale or sale and leaseback partially offset by a $ 8 .
7 million decrease in restaurant capital maintenance and facility improvement spending mainly from a decrease in the average number of company-operated restaurants compared to the prior year .
the increase in purchases of assets intended for sale or sale and leaseback was primarily due to the company ’ s purchase of a commercial property in los angeles california on which an existing company restaurant and another retail tenant are located .
the purchase price was $ 17 .
3 million and we currently intend to sell the entire property and lease back the parcel on which our company operated restaurant is located within the next 12 months .

Question: What is the difference in restaurant facility expenditures between 2018 and 2019?
Answer: 8747
Name
Grant Date
Estimated Future Payouts Under Non-Equity Incentive Plan Awards (1)
All Other Stock Awards: Number of Shares of Stock or  Units (#)
All Other Option Awards: Number of Securities Underlying Options (#)
Exercise or Base Price of Option Awards ($/Sh)
Grant Date Fair Value of Stock and Option Awards
Threshold ($)
Target ($)
Maximum ($)
Barry Litwin
-
100,238
1,113,750
1,237,500
Thomas Clark
-
5,062
225,000
337,500
Robert Dooley
-
13,837
615,000
922,500
Eric Lerner
-
6,773
300,900
451,350
Manoj Shetty
-
5,435
241,535
362,303
Lawrence Reinhold
N/A
N/A
N/A
N/A
grants of plan-based awards .
the following table sets forth the estimated possible payouts under the cash incentive awards granted to our named executive officers in respect of 2019 performance under the 2019 neo plan .
-1 amounts presented assume payment of threshold target and maximum awards at the applicable level .

Question: What is the maximum estimated future payouts under the 2019 NEO plan for Barry Litwin and Thomas Clark?
Answer: 1,237,500 337,500
£m
2018/19
2017/18
Change
Senior secured notes interest
31.7
32.2
0.5
Bank debt interest
5.1
7.2
2.1
36.8
39.4
2.6
Amortisation of debt issuance costs
3.7
5.0
1.3
Net regular interest5
40.5
44.4
3.9
Fair value movements on interest rate financial instruments
–
(0.4)
(0.4)
Write-off of financing costs and early redemption fees
11.3
4.0
(7.3)
Discount unwind
3.0
(0.4)
(3.4)
Other finance income
(7.6)
–
7.6
Other interest cost
–
0.8
0.8
Net finance cost
47.2
48.4
1.2
net finance cost was £ 47 .
2m for the year ; a decrease of £ 1 .
2m on 2017 / 18 .
net regular interest in the year was £ 40 .
5m a decrease of £ 3 .
9m compared to the prior year .
consistent with recent years the largest component of finance costs in the year was interest due to holders of the group ’ s senior secured notes which was £ 31 .
7m .
the interest on the senior secured notes was £ 0 .
5m lower compared to the prior year following the re-financing of the june 2021 £ 325m fixed rate notes at a coupon of 6 .
5 % to the october 2023 £ 300m fixed rate notes to the slightly lower coupon of 6 .
25 % .
bank debt interest of £ 5 .
1m was £ 2 .
1m lower in the year due to lower levels of average debt and a lower margin on the revolving credit facility following the refinancing completed in may 2018 .
amortisation of debt issuance costs was £ 3 .
7m £ 1 .
3m lower than the prior year due to lower transaction costs associated with the issue of the £ 300m 6 .
25 % fixed rate notes compared with the retired £ 325m 6 .
5 % fixed rate notes .
write-off of financing costs and early redemption fees of £ 11 .
3m include a £ 5 .
7m fee related to the write-off of transaction costs associated with the senior secured fixed rate notes due march 2021 which were repaid during the year and a £ 5 .
6m redemption fee associated with the early call of the march 2021 bond .
in the prior year a £ 0 .
4m discount unwind credit relating to long-term property provisions held by the group due to an increase in gilt yields was reflected in reported net finance cost .
in 2018 / 19 a discount unwind charge of £ 3 .
0m was included in the net finance cost of £ 47 .
2m .
other interest income of £ 7 .
6m in the year relates to monies received from the group ’ s associate hovis holdings limited - ' hovis ' and reflects the reversal of a previous impairment .

Question: What is the average Net regular interest, for the year 2018/19 to 2017/18?
Answer: 42.45
Fiscal Year
Fiscal Year
Fiscal Year
Variance in
2019
2019
2018
Dollars
Percent
(In millions, except for percentages)
Sales and marketing
$1,493
$1,593
$(100)
(6)%
Research and development
913
956
(43)
(4)%
General and administrative
447
574
(127)
(22)%
Amortization of intangible assets
207
220
(13)
(6)%
Restructuring, transition and other costs
241
410
(169)
(41)%
Total
$3,301
$3,753
$(452)
(12)%
operating expenses .
sales and marketing expense decreased primarily due to a $ 51 million decrease in stock-based compensation expense and a $ 41 million decrease as a result of the divestiture of our wss and pki solutions .
research and development expense decreased primarily due to a $ 66 million decrease in stockbased compensation expense .
general and administrative expense decreased primarily due to a $ 130 million decrease in stock-based compensation expense .
amortization of intangible assets decreased primarily due to the intangible assets sold with the divestiture of wss and pki solutions .
restructuring transition and other costs reflect a decrease of $ 70 million in fiscal 2019 compared to fiscal 2018 in severance and other restructuring costs .
in addition fiscal 2018 costs included $ 88 million of transition related costs related to our fiscal 2018 divestiture of our wss and pki solutions compared to $ 3 million in fiscal 2019 .

Question: Why did Amortization of intangible assets decrease primarily due to?
Answer: intangible assets sold with the divestiture of WSS and PKI solutions
Fiscal
Fiscal
Fiscal
2019
2018
2017
(in millions)
(in millions)
(in millions)
Number of common shares repurchased
12
10
8
Repurchase value
$ 1,014
$ 966
$ 621
share repurchase program .
in both fiscal 2019 and 2018 our board of directors authorized increases of $ 1 .
5 billion in our share repurchase program .
common shares repurchased under the share repurchase program were as follows : .
at fiscal year end 2019 we had $ 1 .
5 billion of availability remaining under our share repurchase authorization .

Question: What was authorized by the board of directors in 2018 and 2019?
Answer: increases of $1.5 billion in our share repurchase program