FangyuLei/tatqa huggingface dataset:
(dollars in millions)
(dollars in millions)
At December 31,
2019
2018
Deferred Tax Assets
Employee benefits
$ 5,048
$ 5,403
Tax loss and credit carry forwards
3,012
3,576
Other – assets
5,595
1,650
13,655
10,629
Valuation allowances
(2,260)
(2,741)
Deferred tax assets
11,395
7,888
Deferred Tax Liabilities
Spectrum and other intangible amortization
22,388
21,976
Depreciation
16,884
15,662
Other—liabilities
6,742
3,976
Deferred tax liabilities
46,014
41,614
Net deferred tax liability
$ 34,619
$ 33,726
deferred taxes arise because of differences in the book and tax bases of certain assets and liabilities .
significant components of deferred tax assets and liabilities are as follows : .
at december 31 2019 undistributed earnings of our foreign subsidiaries indefinitely invested outside the u .
s .
amounted to approximately $ 3 .
8 billion .
the majority of verizon ’ s cash flow is generated from domestic operations and we are not dependent on foreign cash or earnings to meet our funding requirements nor do we intend to repatriate these undistributed foreign earnings to fund u .
s .
operations .
furthermore a portion of these undistributed earnings represents amounts that legally must be kept in reserve in accordance with certain foreign jurisdictional requirements and are unavailable for distribution or repatriation .
as a result we have not provided u .
s .
deferred taxes on these undistributed earnings because we intend that they will remain indefinitely reinvested outside of the u .
s .
and therefore unavailable for use in funding u .
s .
operations .
determination of the amount of unrecognized deferred taxes related to these undistributed earnings is not practicable .
at december 31 2019 we had net after-tax loss and credit carry forwards for income tax purposes of approximately $ 3 .
0 billion that primarily relate to state and foreign taxes .
of these net after-tax loss and credit carry forwards approximately $ 2 .
0 billion will expire between 2020 and 2039 and approximately $ 1 .
0 billion may be carried forward indefinitely .
during 2019 the valuation allowance decreased approximately $ 481 million .
the balance of the valuation allowance at december 31 2019 and the 2019 activity is primarily related to state and foreign taxes .

Question: What was the undistributed earnings of foreign subsidiary invested outside the US amounted to in 2019?
Answer: $3.8 billion
Fiscal Year Ended January 31,
Fiscal Year Ended January 31,
2019
2018
Plans with accumulated benefit obligations in excess of plan assets:
Accumulated benefit obligations
$75.6
$130.7
Plan assets
70.0
112.1
Plans with projected benefit obligations in excess of plan assets:
Projected benefit obligations
$91.6
$158.1
Plan assets
80.8
121.1
on a worldwide basis the company ' s defined benefit pension plans were 88 % funded as of january 31 2019 .
as of january 31 2019 the aggregate accumulated benefit obligation was $ 85 .
1 million for the defined benefit pension plans compared to $ 139 .
5 million as of january 31 2018 .
included in the aggregate data in the following tables are the amounts applicable to the company ' s defined benefit pension plans with accumulated benefit obligations in excess of plan assets as well as plans with projected benefit obligations in excess of plan assets .
amounts related to such plans at the end of each period were as follows : because their exercise prices are higher than the average market value of autodesk ’ s stock during the fiscal year .

Question: How much of the company's defined benefit pension plans were funded as of January 31, 2019?
Answer: 88%
Fiscal 2018
Fiscal 2017
% Change
(in millions)
(in millions)
(in millions)
Sales
$  325.2
$  360.2
(10)%
Operating income
16.6
28.1
(41)
Adjusted EBITDA
26.3
39.4
(33)
cubic global defense .
sales : cgd sales decreased 10 % to $ 325 .
2 million in 2018 compared to $ 360 .
2 million in 2017 .
the year-over-year comparative sales and operating income were significantly impacted by an $ 8 .
0 million gain recognized on an equitable contract adjustment in fiscal 2017 for our littoral combat ship virtual training contract with the u .
s .
navy .
sales were lower in fiscal 2018 on virtual training sales air combat training system sales and ground combat training system sales while sales of international training support services increased between fiscal 2017 and 2018 .
the average exchange rates between the prevailing currency in our foreign operations and the u .
s .
dollar had no significant impact on cgd sales between 2017 and 2018 .
amortization of purchased intangibles : amortization of purchased intangibles included in the cgd results amounted to $ 1 .
1 million in 2018 and $ 0 .
9 million in 2017 .
operating income : cgd had operating income of $ 16 .
6 million in 2018 compared to $ 28 .
1 million in 2017 .
the decrease in operating income was primarily caused by the gain of $ 8 .
0 million recognized in fiscal 2017 due to the approval of a contract adjustment with the u .
s .
navy described above .
in fiscal 2018 an arbitrator awarded $ 1 .
7 million to a former reseller of our air combat training systems in the far east which was recorded as sg & a expense by cgd in 2018 .
in addition cgd ’ s r & d expenditures increased approximately $ 1 .
8 million year-over-year .
the increase in r & d expenditures is indicative of the acceleration of our development of next generation live virtual constructive and game-based training systems .
these decreases in operating income in fiscal 2018 were partially offset by increased operating income from ground combat training systems which was higher primarily due to improvements in expected total costs for the development of two ground combat training system contracts in the far east .
the average exchange rates between the prevailing currency in our foreign operations and the u .
s .
dollar had no significant impact on cgd operating income between 2017 and 2018 .
adjusted ebitda : cgd adjusted ebitda was $ 26 .
3 million in 2018 compared to $ 39 .
4 million in 2017 .
the decrease in adjusted ebitda was primarily driven by the same factors that drove the decrease in operating income described above excluding the increase in amortization which is excluded from adjusted ebitda .

Question: What is the percentage change in CGD sales in 2018?
Answer: decreased 10%
Dry Bulk Vessel Operations for the Year Ended December 31, 2019
Logistics Business for the Year Ended December 31, 2019
Total for the Year Ended December 31, 2019
Revenue
$254,178
$228,271
$482,449
Administrative fee revenue from affiliates
16,991
—
16,991
Interest income
9,610
1,052
10,662
Interest expense and finance cost
(92,948)
(40,531)
(133,479)
Depreciation and amortization
(52,288)
(29,435)
(81,723)
Equity in net (losses)/earnings of affiliated companies
(9,185)
—
(9,185)
Net (loss)/ income attributable to Navios Holdings common
stockholders
(212,623)
20,513
(192,110)
Total assets
1,511,517
631,338
2,142,855
Goodwill
56,240
104,096
160,336
Capital expenditures
(36,628)
(7,943)
(44,571)
Investment in affiliates
64,352
—
64,352
Cash and cash equivalents
32,386
45,605
77,991
Restricted cash
736
—
736
Long-term debt, net (including current and noncurrent portion)
$1,048,318
$514,929
1,563,247
navios maritime holdings inc .
notes to the consolidated financial statements -expressed in thousands of u .
s .
dollars — except share data .
note 19 : segment information .
the company through august 30 2019 had three reportable segments from which it derived its revenues : dry bulk vessel operations logistics business and containers business .
the containers business became a reportable segment as a result of the consolidation of navios containers since november 30 2018 -date of obtaining control -see also note 3 .
following the reclassification of the results of navios containers as discontinued operations -see also note 3 the company currently has two reportable segments from which it derives its revenues : dry bulk vessel operations and logistics .
the reportable segments reflect the internal organization of the company and are strategic businesses that offer different products and services .
the dry bulk vessel operations consists of the transportation and handling of bulk cargoes through the ownership operation and trading of vessels .
the logistics business consists of operating ports and transfer station terminals handling of vessels barges and pushboats as well as upriver transport facilities in the hidrovia region .
the company measures segment performance based on net income / -loss attributable to navios holdings common stockholders .
inter-segment sales and transfers are not significant and have been eliminated and are not included in the following tables .
summarized financial information concerning each of the company ’ s reportable segments is as follows : .

Question: What was the revenue for logistics business for the year?
Answer: 228,271
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 it the increase / (decrease) in revenue from 2018 to 2019?
Answer: 780
Years Ended December 31,
Years Ended December 31,
Years Ended December 31,
2019
2018
2017
Balance, beginning of period
-$3,912
-$4,799
-$3,873
Provision increase
-2,561
-1,505
-2,086
Amounts written off, net of recoveries
1,368
2,269
1,305
Foreign currency translation adjustments and other
-44
123
-145
Balance, end of period
-$5,149
-$3,912
-$4,799
the company maintains a general allowance for doubtful accounts based on historical experience along with additional customer specific allowances .
the company regularly monitors credit risk exposures in consolidated receivables .
in estimating the necessary level of our allowance for doubtful accounts management considers the aging of accounts receivable the creditworthiness of customers economic conditions within the customer ’ s industry and general economic conditions among other factors .
the following reflects activity in the company ’ s allowance for doubtful accounts receivable for the periods indicated -in thousands : .
provision increases recorded in general and administrative expense during the years ended december 31 2019 2018 and 2017 reflect increases in the allowance for doubtful accounts based upon collection experience in the geographic regions in which the company conducts business net of collection of customer-specific receivables that were previously reserved for as doubtful of collection .

Question: What was the change in balance at the end of period between 2018 and 2019?
Answer: -1237
Quoted Prices in Active Markets for Identical Instruments (Level 1)
Significant Other Observable Inputs (Level 2)
Total Balance
Assets
Cash and cash equivalents:
Money market mutual funds
$121.0
$—
$121.0
Deposit accounts
—
641.6
641.6
Commercial Paper
—
118.7
118.7
Government agency bonds
—
20.0
20.0
Short-term investments:
Marketable equity securities
2.8
—
2.8
Corporate bonds and debt
—
542.9
542.9
Time deposits
—
11.5
11.5
Government agency bonds
—
723.2
723.2
Municipal bonds - taxable
—
14.9
14.9
Total assets measured at fair value
$123.8
$2,072.8
$2,196.6
assets measured at fair value on a recurring basis .
assets measured at fair value on a recurring basis at march 31 2018 are as follows -amounts in millions : .
there were no transfers between level 1 or level 2 during fiscal 2019 or fiscal 2018 .
there were no assets measured on a recurring basis during fiscal 2019 or fiscal 2018 using significant unobservable inputs -level 3 .

Question: What was the total balance amount of deposit accounts?
Answer: 641.6
€ million
2017/2018
2018/2019
EBT (earnings before taxes)
576
709
Expected income tax expenses (30.53%)
176
216
Effects of differing national tax rates
−58
−62
Tax expenses and income relating to other periods
−21
−6
Non-deductible business expenses for tax purposes
41
51
Effects of not recognised or impaired deferred taxes
79
114
Additions and reductions for local taxes
11
13
Tax holidays
−14
−39
Other deviations
3
5
Income tax expenses according to the income statement
216
298
Group tax rate
37.6%
42.0%
applying the german group tax rate to the reported pre-tax result would result in an income tax expense of € 216 million -2017 / 18 : € 176 million .
the deviation of € 81 million -2017 / 18 : € 40 million from the reported tax expense of € 298 million -2017 / 18 : € 216 million can be reconciled as follows : .
1 adjustment of previous year according to explanation in notes .
the item ‘ effects of differing national tax rates ’ includes a deferred tax revenue of € 6 million -2017 / 18 : € 23 million from tax rate changes .
tax expenses and income relating to other periods of the previous year include a repayment of approximately € 20 million because of a retrospective change in foreign law in 2018 .
tax holidays for the current year include effects from real estate transactions in the amount of € 30 million -2017 / 18 : € 2 million .

Question: What would the income tax expense in FY2019 be if the German group tax rate was applied to the reported pre-tax result?
Answer: €216 million
Year Ended December 31,
Year Ended December 31,
Year Ended December 31,
2019
2018
2017
(dollars in thousands)
(dollars in thousands)
(dollars in thousands)
Cost of revenue
$149,215
$144,349
$142,867
Gross profit
$427,308
$393,542
$339,118
Gross margin
74.1%
73.2%
70.4%
cost of revenue gross profit and gross margin .
cost of revenue increased $ 4 .
9 million or 3 % in 2019 as compared to 2018 .
the increase in cost of revenue was primarily due to $ 12 .
1 million in increased personnel expenses stock-based compensation and overhead costs $ 3 .
9 million in increased content costs $ 3 .
6 million in increased amortization of acquired intangible assets and $ 1 .
6 million in increased capitalized software amortization .
these increased costs were partially offset by $ 16 .
4 million in decreased external implementation professional service costs .
these costs were incurred to service our existing customers and support our continued growth .
the improvement in gross margin was primarily due to a higher mix of subscription revenue which carries a higher gross margin .
cost of revenue increased $ 1 .
5 million or 1 % in 2018 as compared to 2017 .
the increase in cost of revenue was primarily due to $ 6 .
0 million in increased capitalized software amortization and $ 4 .
5 million in increased content costs .
these increased costs were partially offset by $ 6 .
6 million in decreased amortization of acquired intangible assets and $ 2 .
9 million in external implementation service costs .
these costs were incurred to service our existing customers and support our continued growth .
the improvement in gross margin was primarily due to a higher mix of subscription revenue which carries a higher gross margin .

Question: What was the change in cost of revenue between 2017 and 2018?
Answer: 1482
Fiscal Years Ended March 31,
Fiscal Years Ended March 31,
2018 (1)
2017 (2)
Pro forma revenues (3)
$1,217,655
$1,060,777
Pro forma net income from continuing operations available to common stockholders (3)
51,975
226,086
Pro forma earnings per common share - basic (3)
0.98
4.86
Pro forma earnings per common share - diluted (3)
0.89
4.08
Pro forma common shares - basic
52,798
46,552
Pro forma common shares - diluted
58,640
55,389
pro forma results .
the following table summarizes on a pro forma basis the combined results of operations of the company and tokin as though the acquisition and the sale of emd had occurred as of april 1 2016 .
the pro forma amounts presented are not necessarily indicative of either the actual consolidated results had the acquisition occurred as of april 1 2016 or of future consolidated operating results -amounts in thousands except per share data : .
-1 the net income for the fiscal year ended march 31 2018 excludes the following : 34 % of the gain on sale of the emd business of $ 75 .
2 million the gain related to the fair value of kemet ’ s previous 34 % interest in tokin of $ 68 .
7 million and the bargain gain on the acquisition of tokin of $ 62 .
2 million .
-2 the net income for the fiscal year ended march 31 2017 includes the following : 34 % of the gain on sale of the emd business of $ 123 .
4 million -which includes the release of a valuation allowance that was recorded in the fourth quarter of fiscal year 2017 and the use of the deferred tax asset which was recorded in the first quarter of fiscal year 2018 the gain related to the fair value of kemet ’ s previous 34 % interest in tokin of $ 66 .
7 million and the bargain gain on the acquisition of tokin of $ 60 .
3 million .
-3 fiscal years ended march 31 2018 and 2017 adjusted due to the adoption of asc 606 .

Question: What was the pro forma revenue in 2017?
Answer: 1,060,777
Year Ended December 31,
Year Ended December 31,
Year Ended December 31,
2019
2019
2018
Asia Pacific
Travel
$6,274
$7,351
Local
216
508
Total Asia Pacific revenues
6,490
7,859
Europe
Travel
32,081
30,856
Local
4,817
5,293
Total Europe revenues
36,898
36,149
North America
Travel
57,863
56,145
Local
10,161
11,169
Total North America revenues
68,024
67,314
Consolidated
Travel
96,218
94,352
Local
15,194
16,970
Total revenues
$111,412
111,322
the following table sets forth the breakdown of revenues by category and segment .
travel revenue includes travel publications -top 20 website newsflash travelzoo network getaway vouchers and hotel platform .
local revenue includes local deals vouchers and entertainment offers -vouchers and direct bookings -in thousands .
revenue by geography is based on the billing address of the advertiser .
long-lived assets attributed to the u .
s .
and international geographies are based upon the country in which the asset is located or owned .

Question: What is the change in total revenues between 2018 and 2019?
Answer: 90
For the fiscal year ended
For the fiscal year ended
For the fiscal year ended
June 1, 2019
June 2, 2018
June 3, 2017
Net sales
$112,396
$107,705
$86,072
Net income
9,490
7,071
2,804
Total assets
128,470
134,056
131,871
Total liabilities
7,600
5,859
6,543
Total equity
120,870
128,197
125,328
3 .
investment in unconsolidated entities .
the company has several investments in unconsolidated entities that are accounted for using the equity method of accounting .
red river valley egg farm llc - " red river " operates a cage-free shell egg production complex near bogota texas .
specialty eggs llc - " specialty eggs " owns the egg-land ' s best franchise for most of georgia and south carolina as well as a portion of western north carolina and eastern alabama .
southwest specialty eggs llc - " southwest specialty eggs " owns the egg-land ' s best franchise for arizona southern california and clark county nevada -including las vegas .
as of june 1 2019 the company owns 50 % of each of red river specialty eggs and southwest specialty eggs .
equity method investments are included in “ investments in unconsolidated entities ” in the accompanying consolidated balance sheets and totaled $ 60 .
7 million and $ 64 .
2 million at june 1 2019 and at june 2 2018 respectively .
equity in income of unconsolidated entities of $ 4 .
8 million $ 3 .
5 million and $ 1 .
4 million from these entities has been included in the consolidated statements of operations for fiscal 2019 2018 and 2017 respectively .
the condensed consolidated financial information for the company ' s unconsolidated joint ventures was as follows -in thousands : .
the company is a member of eggland ’ s best inc .
- “ eb ” which is a cooperative .
at june 1 2019 and june 2 2018 “ other long-term assets ” as shown on the company ’ s consolidated balance sheet includes the cost of the company ’ s investment in eb plus any qualified written allocations .
the company cannot exert significant influence over eb ’ s operating and financial activities ; therefore the company accounts for this investment using the cost method .
the carrying value of this investment at june 1 2019 and june 2 2018 was $ 2 .
6 million and $ 2 .
6 million respectively .

Question: What is the increase in net sales from 2018 to 2019?
Answer: 4691