FangyuLei/tatqa huggingface dataset:
Year Ended December 31,
Year Ended December 31,
Year Ended December 31,
Revenue:
% Change
% Change
% Change
2019
2018
2019 vs. 2018
SaaS and license revenue
$337,375
$291,072
16%
Hardware and other revenue
164,988
129,422
27%
Total revenue
$502,363
$420,494
19%
comparison of years ended december 31 2019 to december 31 2018 .
the following tables in this section set forth our selected consolidated statements of operations -in thousands data for the percentage change and data as a percentage of revenue for the years ended december 31 2019 and 2018 .
certain previously reported amounts in the consolidated statements of operations for the year ended december 31 2018 have been reclassified to conform to our current presentation to reflect interest income as a separate line item which was previously included in other income net .
revenue .
the $ 81 .
9 million increase in total revenue in 2019 as compared to 2018 was the result of a $ 46 .
3 million or 16 % increase in our saas and license revenue and a $ 35 .
6 million or 27 % increase in our hardware and other revenue .
our software license revenue included within saas and license revenue increased $ 2 .
1 million to $ 43 .
4 million in 2019 as compared to $ 41 .
3 million during 2018 .
the increase in our alarm .
com segment saas and license revenue in 2019 was primarily due to growth in our subscriber base including the revenue impact from subscribers we added in 2018 .
to a lesser extent saas and license revenue increased in the period due to an increase in license fees .
the increase in hardware and other revenue in 2019 compared to 2018 was due to an increase in the volume of video cameras sold .
our other segment contributed 15 % of the increase in saas and license revenue in 2019 as compared to 2018 .
the increase in saas and license revenue for our other segment in 2019 as compared to 2018 was due to an increase in sales of our energy management and demand response solutions and our property management and hvac solutions .
hardware and other revenue in our other segment decreased 13 % in 2019 as compared to 2018 primarily due to the timing of sales related to our remote access management solution .

Question: Why was there an increase in hardware and other revenue in 2019 compared to 2018?
Answer: due to an increase in the volume of video cameras sold.
Fiscal 2019
First Quarter
Second Quarter
Third Quarter
Fourth Quarter
Total
Net sales
$1,212.5
$1,432.5
$1,374.7
$1,329.8
$5,349.5
Gross profit
$642.0
$689.3
$779.6
$820.5
$2,931.3
Operating income
$132.3
$102.7
$194.7
$284.6
$714.3
Net income from continuing operations
$35.7
$96.3
$49.2
$174.7
$355.9
Diluted net income per common share
$0.14
$0.38
$0.20
$0.70
$1.42
note 21 .
quarterly results -unaudited .
the following table presents the company ' s selected unaudited quarterly operating results for the eight quarters ended march 31 2019 .
the company believes that all adjustments of a normal recurring nature have been made to present fairly the related quarterly results -in millions except per share amounts .
amounts may not add to the total due to rounding : .
refer to note 11 income taxes for an explanation of the one-time transition tax recognized in the third quarter of fiscal 2018 .
refer to note 4 special charges and other net for an explanation of the special charges included in operating income in fiscal 2019 and fiscal 2018 .
refer to note 12 debt and credit facility for an explanation of the loss on settlement of debt included in other -loss income net of $ 4 .
1 million during the second quarter $ 0 .
2 million during the third quarter and $ 8 .
3 million during the fourth quarter of fiscal 2019 and $ 13 .
8 million and $ 2 .
1 million for the first quarter and third quarter of fiscal 2018 respectively .
refer to note 5 investments for an explanation of the impairment recognized on available-for-sale securities in the fourth quarter of fiscal 2018 .

Question: Why might amounts may not add to the total?
Answer: due to rounding
Number of share options
Name of director
Date of grant
As at 1 January 2019
Granted during the year
Exercised during the year
As at 31 December 2019
Exercise price
Exercise period
HKD
Lau Chi Ping Martin
25 March 2014
5,000,000
-
-
5,000,000
114.52
25 March 2015 to 24 March 2021 (Note 2)
21 March 2016
3,750,000
-
-
3,750,000
158.10
21 March 2017 to 20 March 2023 (Note 2)
24 March 2017
5,250,000
-
-
5,250,000
225.44
24 March 2018 to 23 March 2024 (Note 2)
9 April 2018
3,215,800
-
-
3,215,800
410.00
9 April 2019 to 8 April 2025 (Note 2)
4 April 2019
-
3,506,580 (Note 3)
-
3,506,580
376.00
4 April 2020 to 3 April 2026 (Note 2)
Total:
17,215,800
3,506,580
-
20,722,380
the company has adopted five share option schemes namely the pre-ipo option scheme the post-ipo option scheme i the post-ipo option scheme ii the post-ipo option scheme iii and the post-ipo option scheme iv .
the pre-ipo option scheme the post-ipo option scheme i the post-ipo option scheme ii and the post-ipo option scheme iii expired on 31 december 2011 23 march 2014 16 may 2017 and 13 may 2019 respectively .
as at 31 december 2019 there were a total of 20722380 outstanding share options granted to a director of the company details of which are as follows : .
1 .
for options granted with exercisable date determined based on the grant date of options the first 20 % of the total options can be exercised 1 year after the grant date and each 20 % of the total options will become exercisable in each subsequent year .
2 .
for options granted with exercisable date determined based on the grant date of options the first 25 % of the total options can be exercised 1 year after the grant date and each 25 % of the total options will become exercisable in each subsequent year .
3 .
the closing price immediately before the date on which the options were granted on 4 april 2019 was hkd378 .
4 .
no options were cancelled or lapsed during the year .

Question: When did the Pre-IPO Option Scheme expire?
Answer: 31 December 2011
December 31,
December 31,
2019
2018
Cash and cash equivalents
$259,067
$256,947
Restricted cash included in other assets
304
304
Cash, cash equivalents and restricted cash shown in the statement of cash flows
$259,371
$257,251
cash cash equivalents and restricted cash .
as of december 31 2019 the company had $ 259 .
1 million of cash and cash equivalents .
cash and cash equivalents include liquid investments primarily money market funds with maturities of less than 90 days at the time of purchase .
management determines the appropriate classification of its investments at the time of purchase and at each balance sheet date .
as of december 31 2019 and december 31 2018 the company had restricted cash of $ 0 .
3 million representing the amount pledged as collateral to the issuer of a standby letter of credit -the “ lc ” .
the lc which expires in august 2021 has been provided as a guaranty to the lessor of our corporate offices .
the following table provides a reconciliation of cash cash equivalents and restricted cash reported within the consolidated balance sheet to the consolidated statement of cash flows -in thousands : .

Question: What are the respective cash and cash equivalents in 2018 and 2019?
Answer: $256,947 $259,067
Year Ended December 31,
Year Ended December 31,
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
revenues .
the following table sets forth the breakdown of revenues -in thousands by category and segment .
travel revenue includes travel publications -top 20 website newsflash travelzoo network getaways vouchers and hotel platform and vacation packages .
local revenue includes local deals vouchers and entertainment offers -vouchers and direct bookings .
asia pacific .
asia pacific revenues decreased $ 1 .
4 million or 17 % in 2019 compared to 2018 .
this decrease was primarily due to the decrease in travel revenues the decrease in local revenues and a $ 206000 negative impact from foreign currency movements relative to the u .
s .
dollar .
the decrease in travel revenues of $ 887000 was primarily due to a decrease of number of emails sent .
the decrease in local revenues of $ 276000 was primarily due to the decreased number of local deals vouchers sold .
europe .
europe revenues increased $ 749000 or 2 % in 2019 compared to 2018 .
this increase was primarily due to the increase in travel revenues the decrease in local revenues and a $ 1 .
8 million negative impact from foreign currency movements relative to the u .
s .
dollar .
the increase in travel revenue of $ 2 .
9 million was primarily due to the increased number of emails sent .
the decrease in local revenues of $ 292000 was primarily due to the decreased number of local deals vouchers sold .
north america .
north america revenues increased $ 710000 or 1 % in 2019 compared to 2018 .
this increase was primarily due to the increase in travel revenues offset by the decrease in local revenue .
the increase in travel revenue of $ 1 .
7 million was primarily due to the increased number of emails sent .
the decrease in local revenues of $ 1 .
0 was primarily due to the decreased number of local deals vouchers sold .
for 2019 and 2018 none of our customers accounted for 10 % or more of our revenue .

Question: What is the change in the total North America revenue between 2018 and 2019?
Answer: 710
Year Ended December 31,
Year Ended December 31,
Change
Change
2018
2017
$
%
(dollars in thousands)
(dollars in thousands)
(dollars in thousands)
(dollars in thousands)
Sales and marketing
$ 69,608
$ 46,998
$ 22,610
48.1%
% of revenue
47%
45%
sales and marketing expense .
sales and marketing expense increased by $ 22 .
6 million in 2018 compared to 2017 .
the increase was primarily due to a $ 20 .
0 million increase in employee- related costs which includes stock-based compensation associated with our increased headcount from 215 employees as of december 31 2017 to 286 employees as of december 31 2018 .
the remaining increase was principally the result of a $ 1 .
8 million increase in trade show and advertising costs and a $ 0 .
8 million increase attributed to office related expenses to support the sales team .
the adoption of asc 606 did not have a material impact on the change in commission expense when compared to year over year .

Question: What was the Sales and marketing expense in 2018 and 2017?
Answer: 69,608 46,998
January 31, 2020
Operating Leases
Finance Leases
ROU assets, non-current (1)
$886
$58
Lease liabilities, current (2)
$109
$4
Lease liabilities, non-current (3)
746
55
Total lease liabilities
$855
$59
supplemental balance sheet information related to operating and finance leases as of the period presented was as follows -table in millions : .
-1 rou assets for operating leases are included in other assets and rou assets for finance leases are included in property and equipment net on the consolidated balance sheets .
-2 current lease liabilities are included primarily in accrued expenses and other on the consolidated balance sheets .
an immaterial amount is presented in due from related parties net on the consolidated balance sheets .
-3 operating lease liabilities are presented as operating lease liabilities on the consolidated balance sheets .
finance lease liabilities are included in other liabilities on the consolidated balance sheets .

Question: What was the difference in total lease liabilities between operating leases and finance leases?
Answer: 796
Fiscal year
Fiscal year
Fiscal year
% Change
(in millions of €)
2019
2018
Actual
Comp.
Orders
5,806
5,569
4 %
3 %
Revenue
5,526
4,930
12 %
11 %
Adjusted EBITA
(71)
(305)
77 %
Adjusted EBITA margin
(1.3) %
(6.2) %
supported by a recovery in commodity-related markets orders and revenue showed broad-based growth year-over-year with strongest increases in the mechanical drives business .
overall portfolio companies businesses made good progress in achieving their targets .
adjusted ebita improved in all fully consolidated units and turned positive in total mainly driven by the large drives applications business .
the result from equity investments in total also improved slightly though it was negative in both periods under review .
severance charges decreased to € 14 million from € 86 million in fiscal 2018 .
portfolio companies ’ order backlog was € 5 billion at the end of the fiscal year of which € 3 billion are expected to be converted into revenue in fiscal 2020 .
regarding portfolio companies ’ at-equity investments volatile results are expected in coming quarters .
markets for portfolio companies are generally impacted by rising uncertainties regarding geopolitical and economic developments which weaken investment sentiment .
although the broad range of businesses are operating in diverse markets overall moderate growth is expected in the coming years for the main markets served by the portfolio companies .
beginning with fiscal 2020 the equity investments ethos energy group limited and voith hydro holding gmbh & co .
kg the subsea business and the majority of the process solutions business will be transferred to the operating company gas and power .
if this organizational structure had already existed in fiscal 2019 portfolio companies would have posted orders of € 4 .
746 billion revenue of € 4 .
558 billion and adjusted ebita of € -115 million .
mitsubishi-hitachi metals machinery -mhmm and siemens ag reached an agreement in september 2019 that mhmm will acquire siemens ’ stake in primetals technologies .
closing of the transaction is subject to customary conditions and is expected by the beginning of calendar 2020 .

Question: What was the average orders for 2019 and 2018?
Answer: 5687.5
Key management1 compensation
£m
2019
2018
Salaries and short-term employee benefits
4.7
4.9
Pensions and other post-employment benefits
0.3
0.8
Share-based payments
1.5
1.7
6.5
7.4
35 related party transactions .
key management1 compensation .
1 key management comprises the directors of intu properties plc and the executive committee who have been designated as persons discharging managerial responsibility -pdmr .
during 2017 the group ’ s joint ventures in intu puerto venecia and intu asturias sold shares in subsidiaries previously wholly owned by the respective joint ventures listed on the spanish mab to pdmrs of the group .
the total value of the shares at 31 december 2019 is € 1 .
0 million for each joint venture representing 1 per cent of the respective outstanding share capital .
the sale of shares in these entities was required to comply with spanish mab free float listing requirements .
the group provided an interest-free loan to pdmrs to enable them to purchase the shares .
the loans are treated as a taxable benefit which accordingly is included in the above table .
in line with the terms of the relevant loan agreements entered into the loans are repayable in full upon cessation of employment or the sale of the underlying assets .
further to the exchange of contracts in respect of the sale of intu puerto venecia in december 2019 and of intu asturias in january 2020 the relevant pdmrs sold these shareholdings in january 2020 and february 2020 respectively .
all outstanding loans in respect of the above arrangements have been repaid to the company in full or in part .
for those loans which have been partially repaid the outstanding balance has been written off by the company .

Question: What does the key management comprise of?
Answer: directors of intu properties plc and the Executive Committee who have been designated as persons discharging managerial responsibility (PDMR)
Year-ended 31 March 2019
Year-ended 31 March 2018
$M
$M
10% movement in sterling to US dollar value
Profit or loss
1.7
5.1
Equity
33.8
37.4
10% movement in euro to US dollar value
Profit or loss
1.5
7.5
Equity
(9.8)
(10.8)
foreign currency risk .
the group is exposed to translation and transaction foreign exchange risk .
several other currencies in addition to the reporting currency of us dollar are used including sterling and the euro .
the group experiences currency exchange differences arising upon retranslation of monetary items -primarily short-term inter-company balances and long-term borrowings which are recognised as an expense in the period the difference occurs .
the group endeavours to match cash inflows and outflows in the various currencies ; the group typically invoices its customers in their local currency and pays its local expenses in local currency as a means to mitigate this risk .
the group is also exposed to exchange differences arising from the translation of its subsidiaries ’ financial statements into the group ’ s reporting currency of us dollar with the corresponding exchange differences taken directly to equity .
the following table illustrates the movement that ten per cent in the value of sterling or the euro against the us dollar would have had on the group ’ s profit or loss for the period and on the group ’ s equity as at the end of the period .
any foreign exchange variance would be recognised as unrealised foreign exchange in the consolidated statement of profit or loss and have no impact on cash flows .

Question: In which year was the impact on Equity from a 10% movement in sterling to US dollar value larger?
Answer: 2018
As of January 1,2018
As of December 31,2018
As of December 31,2019
NT$(In Thousands)
NT$(In Thousands)
NT$(In Thousands)
Sales of goods and services
$3,951,414
$932,371
$1,470,195
Current
$3,951,414
$932,371
$988,115
Noncurrent
—
—
482,080
Total
$3,951,414
$932,371
$1,470,195
the movement of contract liabilities is mainly caused by the timing difference of the satisfaction of a performance of obligation and the consideration received from customers .
the company recognized nt $ 3815 million and nt $ 616 million respectively in revenues from the contract liabilities balance at the beginning of the period as performance obligations were satisfied for the years ended december 31 2018 and 2019 .

Question: What causes the  movement of contract liabilities?
Answer: mainly caused by the timing difference of the satisfaction of a performance of obligation and the consideration received from customers.
For the Fiscal Years Ended
For the Fiscal Years Ended
For the Fiscal Years Ended
For the Fiscal Years Ended
March 31, 2019
March 31, 2019
March 31, 2018
March 31, 2018
Sales
Amount
% to Net Sales
Amount
% to Net Sales
Net sales
$240,740
$226,964
Segment operating income
22,546
9.4%
15,694
6.9%
electro-magnetic sensors and actuators .
the following table sets forth net sales operating income and operating income as a percentage of net sales for our msa reportable segment in fiscal years 2019 and 2018 -amounts in thousands except percentages .
net sales msa net sales of $ 240 .
7 million in fiscal year 2019 increased $ 13 .
8 million or 6 .
1 % from $ 227 .
0 million in fiscal year 2018 .
the increase in net sales was primarily driven by a $ 15 .
0 million increase in oem sales in the jpko region .
also contributing to the increase in net sales was a $ 4 .
3 million increase in ems sales across all regions and a $ 3 .
7 million increase in distributor sales across the americas and emea regions .
these increase in net sales were partially offset by a $ 5 .
5 million decrease in distributor sales across the apac and jpko regions and a $ 3 .
8 million decrease in oem sales across the americas apac and jpko regions .
reportable segment operating income .
segment operating income of $ 22 .
5 million in fiscal year 2019 increased $ 6 .
9 million from $ 15 .
7 million in fiscal year 2018 .
the increase in operating income was primarily due to a $ 6 .
6 million decrease in sg & a expenses resulting from a decrease in payroll expenses that was caused by a reduction in head count .
also contributing to the increase in operating income was a $ 2 .
9 million decrease in restructuring charges a $ 1 .
3 million decrease in net loss on write down and disposal of long-lived assets and a $ 0 .
2 million decrease in r & d expenses .
partially offsetting these improvements was a $ 4 .
1 million decrease in gross margin which was primarily driven by a change in the sales mix to lower margin products .

Question: What was the net sales in 2019?
Answer: 240,740
July 27, 2019
July 28, 2018
ASSETS
Allowance for doubtful accounts and returns .
$ 127
$ 285
Sales-type and direct-financing leases
176
171
Inventory write-downs and capitalization
409
289
Investment provisions .
—
54
IPR&D, goodwill, and purchased intangible assets
1,427
63
Deferred revenue .
1,150
1,584
Credits and net operating loss carryforwards .
1,241
1,087
Share-based compensation expense
164
190
Accrued compensation
342
370
Other
419
408
Gross deferred tax assets
5,455
4,501
Valuation allowance
(457)
(374)
Total deferred tax assets .
4,998
4,127
LIABILITIES
Purchased intangible assets .
(705)
(753)
Depreciation .
(141)
(118)
Unrealized gains on investments .
(70)
(33)
Other
(112)
(145)
Total deferred tax liabilities
(1,028)
(1,049)
Total net deferred tax assets
$3,970
$3,078
the following table presents the components of the deferred tax assets and liabilities -in millions : .
as of july 27 2019 our federal state and foreign net operating loss carryforwards for income tax purposes were $ 676 million $ 1 billion and $ 756 million respectively .
a significant amount of the net operating loss carryforwards relates to acquisitions and as a result is limited in the amount that can be recognized in any one year .
if not utilized the federal state and foreign net operating loss carryforwards will begin to expire in fiscal 2020 .
we have provided a valuation allowance of $ 111 million for deferred tax assets related to foreign net operating losses that are not expected to be realized .
as of july 27 2019 our federal state and foreign tax credit carryforwards for income tax purposes were approximately $ 25 million $ 1 .
1 billion and $ 5 million respectively .
the federal tax credit carryforwards will begin to expire in fiscal 2020 .
the majority of state and foreign tax credits can be carried forward indefinitely .
we have provided a valuation allowance of $ 346 million for deferred tax assets related to state and foreign tax credits that are not expected to be realized .

Question: What was the change in Share-based compensation expense between 2018 and 2019?
Answer: -26