FangyuLei/tatqa huggingface dataset:
Three months ended August 31,
2019(1)
2018(2)
Change
Change in constant currency(3)
Foreign exchange impact(3)
(in thousands of dollars, except percentages)
$
$
%
%
$
Revenue
263,738
246,443
7.0
6.0
2,427
Operating expenses
148,215
136,506
8.6
7.6
1,370
Adjusted EBITDA
115,523
109,937
5.1
4.1
1,057
Adjusted EBITDA margin
43.8%
44.6%
Acquisitions of property, plant and equipment
65,967
72,914
(9.5)
(10.5)
704
Capital intensity
25.0%
29.6%
-1 for the three-month period ended august 31 2019 the average foreign exchange rate used for translation was 1 .
3222 usd / cdn .
-2 fiscal 2018 was restated to comply with ifrs 15 and to reflect a change in accounting policy .
for further details please consult the " accounting policies " section .
-3 fiscal 2019 actuals are translated at the average foreign exchange rate of the comparable period of fiscal 2018 which was 1 .
3100 usd / cdn .
revenue fiscal 2019 fourth-quarter revenue increased by 7 .
0 % -6 .
0 % in constant currency .
in local currency revenue amounted to us $ 199 .
5 million compared to us $ 188 .
1 million for the same period of fiscal 2018 .
the increase resulted mainly from : • rate increases ; • activation of bulk properties in florida during the fourth quarter of fiscal 2019 ; • continued growth in internet service customers ; and • the fiberlight acquisition completed in the first quarter of fiscal 2019 ; partly offset by • a decrease in video service customers .
operating expenses fiscal 2019 fourth-quarter operating expenses increased by 8 .
6 % -7 .
6 % in constant currency mainly as a result of : • programming rate increases ; • the fiberlight acquisition completed in the first quarter of fiscal 2019 ; • higher compensation expenses due to higher headcount to support growth ; and • higher marketing initiatives to drive primary service units growth .
adjusted ebitda fiscal 2019 fourth-quarter adjusted ebitda increased by 5 .
1 % -4 .
1 % in constant currency .
in local currency adjusted ebitda amounted to us $ 87 .
4 million compared to us $ 83 .
9 million for the same period of fiscal 2018 .
the increase was mainly due to organic growth combined with the impact of the fiberlight acquisition .
acquisitions of property plant and equipment fiscal 2019 fourth-quarter acquisitions of property plant and equipment decreased by 9 .
5 % -10 .
5 % in constant currency mainly due to : • lower purchases of customer premise equipment due to the timing of certain initiatives ; and • lower capital expenditures due to the timing of certain initiatives ; partly offset by • additional capital expenditures related to the expansion in florida .

Question: What was the increase / (decrease) in operating expenses from 2018 to 2019?
Answer: 11709
2019
2018
£m
£m
Property, plant and equipment
251.2
230.8
Right-of-use assets (IFRS 16)
40.8
–
Prepayments
0.9
6.2
Inventories
185.9
160.6
Trade receivables
240.7
245.1
Other current assets
35.3
32.9
Tax recoverable
8.4
4.6
Trade, other payables and current provisions
(178.3)
(172.0)
Current tax payable
(26.7)
(23.7)
Capital employed
558.2
484.5
Average capital employed
521.4
482.2
Average capital employed (excluding IFRS 16)
501.0
482.2
Operating profit
245.0
299.1
Adjustments (see adjusted operating profit on page 160)
37.7
(34.2)
Adjusted operating profit
282.7
264.9
Adjusted operating profit (excluding IFRS 16)
281.4
264.9
Return on capital employed
54.2%
54.9%
Return on capital employed (excluding IFRS 16)
56.2%
54.9%
2 alternative performance measures continued .
return on capital employed -roce .
roce measures effective management of fixed assets and working capital relative to the profitability of the business .
it is calculated as adjusted operating profit divided by average capital employed .
more information on roce can be found in the capital employed and roce sections of the financial review on page 57 .
an analysis of the components is as follows : .

Question: In which year was the amount of other current assets larger?
Answer: 2019
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: In which year was Free cash flow less than 100,000 thousands?
Answer: 2019
2019
2018
$ CHANGE
% CHANGE
Operating costs
(6,942)
(6,946)
4
0.1%
Adjusted EBITDA
5,414
5,321
93
1.7%
Adjusted EBITDA margin
43.8%
43.4%
0.4 pts
operating costs and adjusted ebitda .
bell wireline operating costs were essentially stable year over year decreasing by 0 .
1 % in 2019 compared to 2018 resulting from : • the favourable impact from the adoption of ifrs 16 in 2019 • continued effective cost containment • lower pension expenses reflecting reduced db costs .
these factors were partly offset by : • higher cost of goods sold related to the growth in product sales • increased costs from the acquisition of axia • greater payments to other carriers from increased sales of international wholesale long distance minutes .
bell wireline adjusted ebitda grew by 1 .
7 % in 2019 compared to last year reflecting the growth in revenues as operating expenses were relatively stable year over year .
adjusted ebitda margin increased to 43 .
8 % in 2019 compared to the 43 .
4 % achieved last year resulting from the favourable impact of the adoption of ifrs 16 in 2019 and the flow-through of the service revenue growth offset in part by higher low-margin product sales in our total revenue base .

Question: What is the % change in the adjusted EBITDA margin from 2018 to 2019?
Answer: 0.4 pts
Number of Shares
Weighted Average Grant Date Fair Value
Nonvested at December 31, 2018
213,337
$20.21
Vested
-106,610
20.17
Forfeited
-13,885
20.64
Nonvested at December 31, 2019
92,842
$20.13
restricted share awards .
during the years ended december 31 2017 pursuant to the company ’ s 2016 incentive plan and 2005 incentive plan the company granted rsas .
the awards have requisite service periods of three years and vest in increments of 33 % on the anniversary of the grant dates .
under each arrangement shares are issued without direct cost to the employee .
rsas granted to our board vest one year from grant or as of the next annual shareholders meeting whichever is earlier .
the company estimates the fair value of the rsas based upon the market price of the company ’ s stock at the date of grant .
the rsa grants provide for the payment of dividends on the company ’ s common stock if any to the participant during the requisite service period and the participant has voting rights for each share of common stock .
the company recognizes compensation expense for rsas on a straight-line basis over the requisite service period .
a summary of nonvested rsas is as follows : .
during the year ended december 31 2019 a total of 106610 rsas vested .
the company withheld 32371 of those shares to pay the employees ’ portion of the minimum payroll withholding taxes .

Question: What was the Weighted Average Grant Date Fair Value of nonvested shares in 2018?
Answer: $20.21
Years Ended December 31,
Years Ended December 31,
Years Ended December 31,
2019
2018
2017
Income from continuing operations
$56,495
$147,149
$136,101
Income from continuing operations attributable to noncontrolling interest
34
86
—
Income from continuing operations attributable to Advanced Energy Industries, Inc.
$56,461
$147,063
$136,101
Basic weighted-average common shares outstanding
38,281
39,081
39,754
Assumed exercise of dilutive stock options and restricted stock units
214
271
422
Diluted weighted-average common shares outstanding
38,495
39,352
40,176
Continuing operations:
Basic earnings per share
$ 1.47
$ 3.76
$  3.42
Diluted earnings per share
$ 1.47
$ 3.74
$  3.39
advanced energy industries inc .
notes to consolidated financial statements – -continued -in thousands except per share amounts .
note 6 .
earnings per share .
basic earnings per share - “ eps ” is computed by dividing income available to common stockholders by the weighted-average number of common shares outstanding during the period .
the computation of diluted eps is similar to the computation of basic eps except that the denominator is increased to include the number of additional common shares that would have been outstanding -using the if-converted and treasury stock methods if our outstanding stock options and restricted stock units had been converted to common shares and if such assumed conversion is dilutive .
the following is a reconciliation of the weighted-average shares outstanding used in the calculation of basic and diluted earnings per share for the years ended december 31 2019 2018 and 2017 : .

Question: What was the change in Diluted weighted-average common shares outstanding between 2018 and 2019?
Answer: -857
Name
Age
Position
Christopher H. Atayan
59
Chairman of the Board, Chief Executive Officer, Director
Andrew C. Plummer
45
President, Chief Financial Officer, Director
Charles J. Schmaderer
50
Vice President, Corporate Controller, Secretary
executive officers of the registrant .
executive officers of our company are appointed by the board of directors and serve at the discretion of the board .
the following table sets forth certain information with respect to all executive officers of our company .
christopher h .
atayan has served in various senior executive positions with the company since march 2006 including his service as chairman of the board since january 2008 and chief executive officer since october 2006 and has been a director of the company since 2004 .
mr .
atayan has served as the senior managing director of slusser associates a private equity and investment banking firm since 1988 and has been engaged in private equity and investment banking since 1982 .
he also serves on the board of eastek holdings llc a manufacturing company .
andrew c .
plummer has served as our president and chief operating officer since october 2018 as our chief financial officer since january 2007 and as our secretary from january 2007 to october 2018 .
from 2004 to 2007 mr .
plummer served our company in various roles including acting chief financial officer corporate controller and manager of sec compliance .
prior to joining our company in 2004 mr .
plummer practiced public accounting primarily with the accounting firm deloitte and touche llp -now deloitte .
charles j .
schmaderer has served as the company ’ s vice president and corporate controller since april 2018 and as secretary since october 2018 .
from 2006 to 2018 mr .
schmaderer served the company in various roles including as the vice president of financial reporting and assistant secretary and as the director of financial and sec reporting .
prior to joining amcon in 2006 mr .
schmaderer practiced public accounting primarily with the accounting firm grant thornton llp and also holds a master of business administration -mba .

Question: What is the average age of the company's executive officers?
Answer: 51.33
Year Ended June 30,
Year Ended June 30,
Year Ended June 30,
Year Ended June 30,
Year Ended June 30,
2020
2021
2022
2023
2024
Thereafter
Total
(in millions)
(in millions)
(in millions)
(in millions)
(in millions)
Reportable Segment
Zayo Networks
621.4
295.9
117.4
36.7
14.1
17.5
1,103.0
zColo
21.7
11.0
6.2
3.5
2.5
2.0
46.9
Allstream
110.3
26.7
11.8
1.6
0.3
—
150.7
Total
$753.4
$333.6
$135.4
$41.8
$16.9
$19.5
$1,300.6
remaining performance obligation associated with non-lease arrangements .
a majority of the company ’ s revenue is provided over a contract term .
when allocating the total contract transaction price to identified performance obligations a portion of the total transaction price relates to performance obligations that are yet to be satisfied or are partially satisfied as of the end of the reporting period .
in determining the transaction price allocated to remaining performance obligations the company does not include non- recurring charges and estimates for usage .
remaining performance obligations associated with the company ’ s contracts reflect recurring charges billed adjusted to reflect estimates for sales incentives and revenue adjustments .
the table below reflects an estimate of the remaining transaction price of fixed fee non-lease revenue arrangements to be recognized in the future periods presented .
the table below does not include estimated amounts to be recognized in future periods associated with variable usage-based consideration .

Question: Which reportable segment had the highest amount in 2024? 
Answer: Zayo Networks
(In thousands)
2019
2018
Land
$4,575
$4,575
Building and land improvements
34,797
34,379
Building
68,157
68,183
Furniture and fixtures
19,959
19,831
Computer hardware and software
74,399
92,071
Engineering and other equipment
130,430
127,060
Total Property, Plant and Equipment
332,317
346,099
Less accumulated depreciation
(258,609)
(265,464)
Total Property, Plant and Equipment, net
$73,708
$80,635
note 8 – property plant and equipment .
as of december 31 2019 and 2018 property plant and equipment was comprised of the following : .
depreciation expense was $ 12 .
5 million $ 12 .
7 million and $ 12 .
8 million for the years ended december 31 2019 2018 and 2017 respectively which is recorded in cost of sales selling general and administrative expense and research and development expense in the consolidated statements of income .
we assess long-lived assets used in operations for potential impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable and the undiscounted cash flows estimated to be generated by the asset are less than the asset ’ s carrying value .
during the year ended december 31 2019 the company recognized impairment charges of $ 3 .
9 million related to the abandonment of certain information technology projects in which we had previously capitalized expenses related to these projects .
the impairment charges were determined based on actual costs incurred as part of the projects .
no impairment charges were recognized during the years ended december 31 2018 and 2017 .

Question: What was the amount of building assets in 2019?
Answer: 68,157
Land and buildings
Motor vehicles
Other machinery and equipment
Total
Balance January 1, 2019
23,579
1,488
620
25,687
Additions
6,475
1,588
16
8,079
Transfer from property, plant and equipment
459
–
–
459
Modifications and reassessments
75
31
(24)
82
Retirements
–
–
–
–
Depreciation for the year
(6,057)
(1,008)
(268)
(7,333)
Foreign currency translation effect
518
43
12
573
Balance December 31, 2019
25,049
2,142
356
27,547
note 2 .
right-of-use assets .
the company leases many assets including land buildings houses motor vehicles machinery and equipment .
leases typically run up to a period of 5 years some with an option to renew the lease after the end of the non-cancelable period .
lease payments are renegotiated on a periodic basis ; timing is depending on the region and type of lease .
the company has not entered into any sub-lease arrangements .
right-of-use assets .

Question: What is the lease duration for the company?
Answer: typically run up to a period of 5 years
2019
2018
£m
£m
Raw materials, consumables and components
72.2
53.0
Work in progress
25.5
25.7
Finished goods and goods for resale
88.2
81.9
Total inventories
185.9
160.6
17 inventories .
the write-down of inventories recognised as an expense during the year in respect of continuing operations was £ 0 .
7m -2018 : £ 3 .
5m .
this comprises a cost of £ 5 .
1m -2018 : £ 4 .
8m to write-down inventory to net realisable value reduced by £ 4 .
4m -2018 : £ 1 .
3m for reversal of previous write-down reassessed as a result of customer demand .
the value of inventories expected to be recovered after more than 12 months is £ 13 .
4m -2018 : £ 11 .
2m .
there is no material difference between the statement of financial position value of inventories and their replacement cost .
none of the inventory has been pledged as security .

Question: What was the change in total inventories from 2018 to 2019?
Answer: 25.3
Alarm.com
Other
Total
Balance as of January 1, 2018
$63,591
$—
$63,591
Goodwill acquired
—
—
—
Balance as of December 31, 2018
63,591
—
63,591
Goodwill acquired
41,372
—
41,372
Balance as of December 31, 2019
$104,963
$—
$104,963
note 8 .
goodwill and intangible assets net .
the changes in goodwill by reportable segment are outlined below -in thousands : .
on october 21 2019 we acquired 85 % of the issued and outstanding capital stock of openeye and recorded $ 41 .
4 million of goodwill in the alarm .
com segment .
there were no impairments of goodwill recorded during the years ended december 31 2019 2018 or 2017 .
as of december 31 2019 the accumulated balance of goodwill impairments was $ 4 .
8 million which is related to our acquisition of energyhub in 2013 .

Question: How much goodwill did the company record in the Alarm.com segment on October 21, 2019?
Answer: $41.4 million
Year Ended
Year Ended
Year Ended
June 30, 2019
June 24, 2018
June 25, 2017
(in thousands)
(in thousands)
(in thousands)
Income tax expense computed at federal statutory rate
$513,780
$891,011
$634,086
State income taxes, net of federal tax benefit
(17,565)
(50,585)
(11,973)
Foreign income taxed at different rates
(260,344)
(939,808)
(352,860)
Settlements and reductions in uncertain tax positions
(31,291)
(33,367)
(144,519)
Tax credits
(71,779)
(69,301)
(37,713)
State valuation allowance, net of federal tax benefit
26,742
57,302
12,070
Equity-based compensation
(7,566)
(35,875)
13,187
Other permanent differences and miscellaneous items
39,251
43,214
1,632
U.S. tax reform impacts
63,913
908,517
—
$255,141
$771,108
$113,910
a reconciliation of income tax expense provided at the federal statutory rate -21 % in fiscal year 2019 28 .
27 % in fiscal year 2018 and 35 % in fiscal year 2017 to actual income tax expense is as follows : .
in july 2015 the u .
s .
tax court issued an opinion favorable to altera with respect to altera ’ s litigation with the irs .
the litigation related to the treatment of stock-based compensation expense in an intercompany cost-sharing arrangement with altera ’ s foreign subsidiary .
in its opinion the u .
s .
tax court accepted altera ’ s position of excluding stock-based compensation from its intercompany cost-sharing arrangement .
in june 2019 the ninth circuit through a three-judge panel reversed the 2015 decision of the u .
s .
tax court .
altera has petitioned the ninth circuit for an en banc rehearing of a larger panel of eleven ninth circuit judges .
the company will continue to monitor and evaluate the potential impact of this litigation on its fiscal year 2020 consolidated financial statements .
the estimated potential impact is in the range of $ 75 million which may result in a decrease in deferred tax assets and an increase in tax expense .
effective from fiscal year 2014 through 2017 the company had a tax ruling in switzerland for one of its foreign subsidiaries .
the impact of the tax ruling decreased taxes by approximately $ 6 .
3 million for fiscal year 2017 .
the benefit of the tax ruling on diluted earnings per share was approximately $ 0 .
03 in fiscal year 2017 .
effective fiscal year 2018 the company has withdrawn its reduced tax rate ruling in switzerland for this subsidiary due to the ruling being no longer necessary as the subsidiary meets the requirements to achieve the reduced tax rate under swiss tax law .
earnings of the company ’ s foreign subsidiaries included in consolidated retained earnings that are indefinitely reinvested in foreign operations aggregated to approximately $ 458 .
4 million at june 30 2019 .
if these earnings were remitted to the united states they would be subject to foreign withholding taxes of approximately $ 73 .
1 million at current statutory rates .

Question: In which year is the actual income tax expense the highest?
Answer: 2018
September 30, 2019
October 1, 2018
Contract assets, current
$2,350
$169
Contract assets, non-current
581
507
Contract liabilities, current
5,612
4,281
Contract liabilities, non-current
736
485
contract balances .
the following table provides information about contract assets and contract liabilities from contracts with customers -amounts in thousands : .
contract assets reported within current assets and other long-term assets in the consolidated balance sheets primarily result from revenue being recognized when a license is delivered and payments are made over time .
contract liabilities primarily relate to advance consideration received from customers deferred revenue for which transfer of control occurs and therefore revenue is recognized as services are provided .
contract balances are reported in a net contract asset or liability position on a contract-by-contract basis at the end of each reporting period .
the company recognized $ 4 .
4 million of revenue during the year ended september 30 2019 that was included in the contract liability balance at the beginning of the period .

Question: What is the ratio of contract liabilities to contract assets in 2018?
Answer: 7.05
Year Ended December 31,
Year Ended December 31,
Change
Change
2018
2017
$
%
(dollars in thousands)
(dollars in thousands)
(dollars in thousands)
(dollars in thousands)
Cost of revenue
$ 46,810
$ 31,503
$ 15,307
48.6%
Gross margin %
68%
70%
cost of revenue .
cost of revenue increased by $ 15 .
3 million in 2018 compared to 2017 .
the increase was primarily due to a $ 7 .
2 million increase in employee-related costs which includes stock-based compensation associated with our increased headcount from 128 employees as of december 31 2017 to 173 employees as of december 31 2018 .
the remaining increase was principally the result of a $ 7 .
0 million increase in hosting software and messaging costs a $ 0 .
6 million increase attributed to office related expenses to support revenue generating activities and a $ 0 .
4 million increase in depreciation and amortization expense attributable to our acquired intangible assets .
gross margin percentage decreased due to our continued investment in personnel and infrastructure to support our growth in revenue .

Question: What was the increase in the cost of revenue in 2018?
Answer: $15.3 million
Year Ended
Year Ended
April 26, 2019
April 27, 2018
Other current assets
$ 75
$ 66
Other non-current assets
97
71
Total deferred commissions
$ 172
$ 137
deferred commissions .
as a result of our adoption of asc 606 we capitalize sales commissions that are incremental direct costs of obtaining customer contracts for which revenue is not immediately recognized .
we then amortize capitalized commissions based on the transfer of goods or services to which they relate .
the following tables summarize the activity related to deferred commissions and their balances as reported in our consolidated balance sheets -in millions : .

Question: What was the change in Other current assets between 2018 and 2019?
Answer: 9