FangyuLei/tatqa huggingface dataset:
Short-Term Incentive Plan
Strategy
Integrate and Transform
Operate
Metrics
2018 & 2019 Weighting
2020 Weighting
Adjusted EBITDA
65%
50%
Free Cash Flow
25%
25%
Revenue
—
15%
Customer Experience
10%
10%
Long-Term Incentive Plan
Strategy
Integrate and Transform
Operate
Metrics
2018 & 2019 Weighting
2020 Weighting
Adjusted EBITDA Run Rate (2 year)
100%
—
Cumulative Adjusted EBITDA (3 year)
—
100%
Relative TSR Modifier (3 year)
—
+/-20%
2020 incentive plan enhancements .
for 2020 we have transitioned into the operation phase of our long-term strategy .
as discussed further in this cd & a following an internal review process extensive discussions with our shareholders and consultation with our executive compensation consultants we revised the design for our 2020 incentive programs to support our strategic priorities as described below : .
• added revenue as metric to our sti plan to encourage and reward top-line performance • changed the metric and performance period for our lti plan to three-year cumulative adjusted ebitda target • added three-year relative tsr modifier as a positive or negative adjustment + / - 20 % for our lti plan .

Question: What is the  change in the Adjusted EBITDA target under Short-Term Incentive Plan in 2020?
Answer: 15
As of March 31,
As of March 31,
2019
2018
U.S. build-to-suit facility
$47,001
$43,925
U.K. build-to-suit facility
—
31,240
Less: Accumulated depreciation
(5,164)
(753)
$41,837
$74,412
-1 includes construction costs capitalized related to build-to-suit facilities : .
as of march 31 2019 and 2018 the u .
s .
build-to-suit facility includes company-funded building improvements of $ 5 .
2 million and $ 4 .
5 million respectively .
in march 2019 the company derecognized the u .
k .
build-to-suit facility upon substantial completion of construction .
see note 12 for further details .

Question: When did the Company derecognized the U.K. build-to-suit facility upon substantial completion of construction?
Answer: March 2019
2019
2018
Revenues
100.0%
100.0%
Cost of revenues
10.6
11.0
Gross profit
89.4
89.0
Operating expenses:
Sales and marketing
54.2
52.6
Product development
6.2
8.1
General and administrative
20.5
20.9
Total operating expenses
80.9
81.6
Income from operations
8.5
7.4
Other income (loss), net
(0.5)
—
Income before income taxes
8.0
7.4
Income tax expense
4.3
3.2
Net income
3.7%
4.2%
results of operations .
the following table sets forth as a percentage of total revenues the results from our operations for the periods indicated .

Question: What is the average net income for 2018 and 2019 as a percentage of total revenues?
Answer: 3.95
Year ended March 31, 
Year ended March 31, 
Year ended March 31, 
2019
2018
2017
Expected term (in years)
6.1
6.1
6.1
Risk-free interest rate
2.7%
2.2%
2.1%
Expected volatility
41.5%
39.8%
41.0%
Expected dividend yield  
—%
—%
—%
Estimated grant date fair value per ordinary share
$37.15
$26.52
$20.22
share options .
the company estimates the fair value of employee share options on the date of grant using the black-scholes option-pricing model which requires the use of highly subjective estimates and assumptions .
the company estimates the expected term of share options for service-based awards utilizing the “ simplified method ” as it does not have sufficient historical share option exercise information on which to base its estimate .
the simplified method is based on the average of the vesting tranches and the contractual life of each grant .
the risk-free interest rate is based on a treasury instrument whose term is consistent with the expected life of the share option .
since there was no public market for the company ’ s ordinary shares prior to the ipo and as its shares have been publicly traded for a limited time the company determined the expected volatility for options granted based on an analysis of reported data for a peer group of companies that issue options with substantially similar terms .
the expected volatility of options granted has been determined using an average of the historical volatility measures of this peer group of companies .
the company uses an expected dividend rate of zero as it currently has no history or expectation of paying dividends on its ordinary shares .
the fair value of the company ’ s ordinary shares at the time of each share option grant is based on the closing market value of its ordinary shares on the grant date .
the fair value of each share option grant was estimated using the black-scholes option-pricing model that used the following weighted-average assumptions : .
the weighted-average per share fair value of share options granted to employees during the years ended march 31 2019 2018 and 2017 was $ 16 .
48 $ 11 .
12 and $ 8 .
65 per share respectively .

Question: In which year was Estimated grant date fair value per ordinary share less than 30?
Answer: 2018 2017
Year Ended February 28,
Year Ended February 28,
Year Ended February 28,
2019
2018
2017
Net income (loss)
$18,398
$16,617
$(7,904)
Basic weighted average number of common shares outstanding
34,589
35,250
35,917
Effect of stock options and restricted stock units computed on
treasury stock method
705
889
-
Diluted weighted average number of common shares outstanding
35,294
36,139
35,917
Earnings (loss) per share:
Basic
$0.53
$0.47
$(0.22)
Diluted
$0.52
$0.46
$(0.22)
note 14 – earnings -loss per share .
basic earnings -loss per share is computed by dividing net income -loss by the weighted average number of common shares outstanding during the period .
diluted earnings per share is computed by dividing net income by the weighted average number of common shares outstanding during the period plus the dilutive effect of outstanding stock options and restricted stock-based awards using the treasury stock method .
the following table sets forth the computation of basic and diluted earnings -loss per share -in thousands except per share amounts : .
all outstanding stock options and restricted stock-based awards in the amount of 1 .
0 million and 1 .
2 million respectively were excluded from the computation of diluted earnings per share for the fiscal year ended february 28 2017 because the effect of inclusion would be antidilutive .
shares subject to anti-dilutive stock options and restricted stock-based awards of 1 .
9 million and 0 .
2 million for the fiscal years ended february 28 2019 and 2018 respectively were excluded from the calculations of diluted earnings per share for the years then ended .
we have the option to pay cash issue shares of common stock or any combination thereof for the aggregate amount due upon conversion of the notes .
it is our intent to settle the principal amount of the convertible senior notes with cash and therefore we use the treasury stock method for calculating any potential dilutive effect of the conversion option on diluted net income -loss per share .
from the time of the issuance of the notes the average market price of our common stock has been less than the initial conversion price of the notes and consequently no shares have been included in diluted earnings per share for the conversion value of the notes .

Question: How was basic earnings (loss) per share computed?
Answer: dividing net income (loss) by the weighted average number of common shares outstanding during the period
Fiscal years ended July 31,
Fiscal years ended July 31,
2019
2018
Net cash provided by operating activities
$116,126
$140,459
Net cash used for capital expenditures
(48,857)
(12,011)
Free cash flow
$67,269
$128,448
free cash flow .
we monitor our free cash flow as a key measure of our overall business performance which enables us to analyze our financial performance without the effects of certain non-cash items such as depreciation amortization and stock-based compensation expenses .
additionally free cash flow takes into account the impact of changes in deferred revenue which reflects the receipt of cash payment for products before they are recognized as revenue and unbilled accounts receivable which reflects revenue that has been recognized that has yet to be invoiced to our customers .
our net cash provided by -used in operating activities is significantly impacted by the timing of invoicing and collections of accounts receivable the timing and amount of annual bonus payments as well as payroll and tax payments .
our capital expenditures consisted of purchases of property and equipment most of which were computer hardware software capitalized software development costs and leasehold improvements .
in fiscal year 2019 free cash flow was impacted by $ 23 .
6 million related to the build out and furnishing of our new corporate headquarters in san mateo california .
for a further discussion of our operating cash flows see “ liquidity and capital resources - cash flows .
” -in thousands .

Question: What impacted the net cash provided by (used in) operating activities?
Answer: the timing of invoicing and collections of accounts receivable, the timing and amount of annual bonus payments, as well as payroll and tax payments.
2019 €m
2018 €m
Cash at bank and in hand
2,434
2,197
Repurchase agreements and bank deposits
2,196
–
Money market funds
9,007
2,477
Managed investment funds
6,405
3,891
Government securities
3,011
1,974
Other investments
4,418
6,087
Derivative financial instruments
3,634
2,629
Trade receivables
5,077
5,402
Contract assets and other receivables
5,155
3,410
41,337
28,067
financial risk management .
the group ’ s treasury function centrally manages the group ’ s funding requirement net foreign exchange exposure interest rate management exposures and counterparty risk arising from investments and derivatives .
treasury operations are conducted within a framework of policies and guidelines authorised and reviewed by the board most recently in july 2018 .
a treasury risk committee comprising of the group ’ s chief financial officer group general counsel and company secretary group financial controller group treasury director and group director of financial controlling and operations meets three times a year to review treasury activities and its members receive management information relating to treasury activities on a quarterly basis .
the group ’ s accounting function which does not report to the group treasury director provides regular update reports of treasury activity to the board .
the group ’ s internal auditor reviews the internal control environment regularly .
the group uses a number of derivative instruments for currency and interest rate risk management purposes only that are transacted by specialist treasury personnel .
the group mitigates banking sector credit risk by the use of collateral support agreements .
credit risk .
credit risk is the risk that a counterparty will not meet its obligations under a financial asset leading to a financial loss for the group .
the group is exposed to credit risk from its operating activities and from its financing activities the group considers its maximum exposure to credit risk at 31 march to be : .
expected credit loss .
the group has financial assets classified and measured at amortised cost and fair value through other comprehensive income that are subject to the expected credit loss model requirements of ifrs 9 .
cash at bank and in hand and certain other investments are both classified and measured at amortised cost and subject to these impairment requirements .
however the identified expected credit loss is considered to be immaterial .
information about expected credit losses for trade receivables and contract assets can be found under “ operating activities ” on page 164 .

Question: Between 2018 and 2019, which year had a greater amount of government securities?
Answer: 2019
Fiscal Years Ended September
Fiscal Years Ended September
2019
2018
Sales (including excise taxes of $370.2 million and $368.4 million,
$1,392,388,157
$1,322,306,658
Cost of sales
1,308,364,726
1,245,375,460
Gross profit
84,023,431
76,931,198
Selling, general and administrative expenses
72,182,883
66,781,234
Depreciation and amortization
2,617,591
2,318,146
Impairment charges
2,873,269
1,912,877
77,673,743
71,012,257
Operating income
6,349,688
5,918,941
Other expense (income):
Interest expense
1,598,864
1,194,373
Other (income), net
(61,119)
(54,042)
1,537,745
1,140,331
Income from operations before income taxes
4,811,943
4,778,610
Income tax expense
1,609,000
1,164,000
Net income available to common shareholders
$ 3,202,943
$  3,614,610
Basic earnings per share available to common shareholders
$ 5.36
$  5.47
Diluted earnings per share available to common shareholders
$ 5.25
$  5.38
Basic weighted average shares outstanding
597,961
660,925
Diluted weighted average shares outstanding
609,836
672,449
Dividends declared and paid per common share
$ 1.00
$  1.00
consolidated statements of operations .
the accompanying notes are an integral part of these consolidated financial statements .

Question: What is the percentage change in the company's gross profit between the fiscal years ended September 2018 and 2019?
Answer: 9.22
Year Ended December 31,
Year Ended December 31,
2019
2018
Net cash provided by operating activities
$153,327
$256,426
Net cash used in investing activities
(15,381)
(6,581)
Net cash used in financing activities
(159,608)
(154,210)
Net increase (decrease) in cash and cash equivalents and restricted cash
(21,662)
95,635
Cash and cash equivalents and restricted cash at beginning of period
449,473
353,838
Cash and cash equivalents and restricted cash at end of period
$427,811
$449,473
greensky inc .
notes to consolidated financial statements — -continued -united states dollars in thousands except per share data unless otherwise stated .
the following table reflects the cash flow impact of gs holdings on the consolidated statements of cash flows for the years indicated .

Question: What was the Net cash provided by operating activities in 2019?
Answer: 153,327
Year Ended
Year Ended
Year Ended
December 31,
December 31,
December 31,
2019
2018
2017
$
$
$
Balance of unrecognized tax benefits as at January 1
40,556
31,061
19,492
Increases for positions related to the current year
5,829
9,297
2,631
Changes for positions taken in prior years
19,119
981
3,475
Decreases related to statute of limitations
(2,546)
(783)
(1,562)
Increase due to acquisition of TIL
—
—
8,528
Decrease due to deconsolidation of Altera
—
—
(1,503)
Balance of unrecognized tax benefits as at December 31
62,958
40,556
31,061
the following is a roll-forward of the company ’ s uncertain tax positions recorded in other long-term liabilities from january 1 2017 to december 31 2019 : .
the majority of the net increase for positions relates to the potential tax on freight income on changes for positions taken in prior years and an increased number of voyages for the year ended december 31 2019 .
the company recognizes interest and penalties related to uncertain tax positions in income tax expense .
the interest and penalties on unrecognized tax benefits are included in the roll-forward schedule above and are increases of approximately $ 13 .
2 million $ 9 .
2 million and $ 6 .
4 million in 2019 2018 and 2017 respectively .

Question: What is the increase/ (decrease) in Balance of unrecognized tax benefits as at January 1 from December 31, 2019 to December 31, 2018?
Answer: 9495
(in thousands of $)
2019
2018
Statement of income
Liquefaction services revenue
218,096
127,625
Realized and unrealized (losses)/gains on the oil derivative instrument
(26,001)
16,767
Statement of cash flows
Net debt repayments
(243,513)
(30,300)
Net debt receipts
129,454
—
summarized financial information of hilli llc .
the most significant impacts of hilli llc vie ' s operations on our consolidated statements of income and consolidated statements of cash flows as of december 31 2019 and 2018 are as follows : .

Question: In which years was the financial information recorded for?
Answer: 2019 2018
Year Ended December 31,
Year Ended December 31,
Year Ended December 31,
2019 to 2018
2019 to 2018
2018 to 2017
2018 to 2017
2019
2018
2017
$ change
% change
$ change
% change
Domains
$ 1,351.6
$ 1,220.3
$ 1,057.2
$ 131.3
11 %
$ 163.1
15 %
Hosting and presence
1,126.5
1,017.6
847.9
108.9
11 %
169.7
20 %
Business applications
510.0
422.2
326.8
87.8
21 %
95.4
29 %
Total revenue
$ 2,988.1
$ 2,660.1
$ 2,231.9
$ 328.0
12 %
$ 428.2
19 %
comparison of 2019 and 2018 .
revenue .
we generate substantially all of our revenue from sales of subscriptions including domain registrations and renewals hosting and presence products and business applications .
our subscription terms average one year but can range from monthly terms to multi-annual terms of up to ten years depending on the product .
we generally collect the full amount of subscription fees at the time of sale while revenue is recognized over the period in which the performance obligations are satisfied which is generally over the contract term .
revenue is presented net of refunds and we maintain a reserve to provide for refunds granted to customers .
domains revenue primarily consists of revenue from the sale of domain registration subscriptions domain add-ons and aftermarket domain sales .
domain registrations provide a customer with the exclusive use of a domain during the applicable contract term .
after the contract term expires unless renewed the customer can no longer access the domain .
hosting and presence revenue primarily consists of revenue from the sale of subscriptions for our website hosting products website building products website security products and online visibility products .
business applications revenue primarily consists of revenue from the sale of subscriptions for third-party productivity applications email accounts email marketing tools and telephony solutions .
the following table presents our revenue for the periods indicated : .
the 12 .
3 % increase in total revenue was driven by growth in total customers and arpu as well as having a full year of revenue from msh in 2019 partially offset by the impact of movements in foreign currency exchange rates .
the increase in customers impacted each of our revenue lines as the additional customers purchased subscriptions across our product portfolio .
domains .
the 10 .
8 % increase in domains revenue was primarily driven by the increase in domains under management from 77 .
6 million as of december 31 2018 to 79 .
6 million as of december 31 2019 increased aftermarket domain sales and international growth .
hosting and presence .
the 10 .
7 % increase in hosting and presence revenue was primarily driven by increased revenue from our website building and website security products as well as our acquisition of msh .
business applications .
the 20 .
8 % increase in business applications was primarily driven by increased customer adoption of our email productivity and telephony solutions .

Question: What is the average hosting and presence revenue for 2018 and 2019?
Answer: 1072.05
USDm
2019
2018
2017
Reconciliation to revenue
Revenue
692.6
635.4
657.0
Port expenses, bunkers and commissions
-267.7
-283.0
-259.9
Charter hire
-
-2.5
-8.5
Operating expenses
-173.0
-180.4
-188.4
Gross profit
251.9
169.5
200.2
alternative performance measures .
gross profit : .
torm defines gross profit a performance measure as revenue less port expenses bunkers and commissions charter hire and operating expenses .
the company reports gross profit because we believe it provides additional meaningful information to investors as gross profit measures the net earnings from shipping activities .
gross profit is calculated as follows : .

Question: What are the components under Reconciliation to revenue when calculating the gross profit?
Answer: Revenue Port expenses, bunkers and commissions Charter hire Operating expenses
January 31, 2020
February 1, 2019
Balance, beginning of the year
$966
$1,059
Additions to intangible assets related to business combinations
622
154
Amortization expense
(300)
(247)
Derecognized leasehold interest
(116)
—
Balance, end of the year
$1,172
$966
definite-lived intangible assets net .
the following table summarizes the changes in the carrying amount of definite-lived intangible assets during the periods presented -table in millions : .
upon adoption of topic 842 on february 2 2019 leasehold interest of $ 116 million related to favorable terms of certain ground lease agreements was derecognized and adjusted to the carrying amount of the operating lease rou assets and classified as other assets on the consolidated balance sheets .
prior to adoption these assets were classified as intangible assets net on the consolidated balance sheets .

Question: Which years does the table provide information for the changes in the carrying amount of definite-lived intangible assets?
Answer: 2020 2019
Year Ended
Year Ended
Year Ended
December 27, 2019
December 28, 2018
December 29, 2017
Weighted average expected term
0.5 years
0.5 years
0.4 years
Risk-free interest rate
2.3%
1.9%
1.1%
Dividend yield
0.0%
0.0%
0.0%
Volatility
56.0%
52.7%
47.8%
2017 espp .
in may 2017 we adopted the 2017 employee stock purchase plan -the “ 2017 espp ” .
the 2017 espp grants employees the ability to designate a portion of their base-pay to purchase ordinary shares at a price equal to 85 % of the fair market value of our ordinary shares on the first or last day of each 6 month purchase period .
purchase periods begin on january 1 or july 1 and end on june 30 or december 31 or the next business day if such date is not a business day .
shares are purchased on the last day of the purchase period .
the table below sets forth the weighted average assumptions used to measure the fair value of 2017 espp rights : .
we recognize share-based compensation expense associated with the 2017 espp over the duration of the purchase period .
we recognized $ 0 .
3 million $ 0 .
3 million and $ 0 .
1 million of share-based compensation expense associated with the 2017 espp during 2019 2018 and 2017 respectively .
at december 27 2019 there was no unrecognized share-based compensation expense .

Question: When are shares purchased?
Answer: Shares are purchased on the last day of the purchase period.
At December 31,
At December 31,
2019
2018
Cash
$437
$268
Foreign government treasury bills
37
32
Money market funds
5,320
3,925
Cash and cash equivalents
$5,794
$4,225
4 .
cash and cash equivalents .
the following table summarizes the components of our cash and cash equivalents -amounts in millions : .

Question: What was the amount of cash and cash equivalents in 2018?
Answer: 4,225